Market Research Blogs
Demand for respiratory protective equipment to rise across medical sector during COVID-19
Published Date: Jul 6, 2021
Respiratory protective equipment (RPE) industry is currently revolutionizing. Working in chemical, construction, manufacturing, and other big industries is not as fancy as it looks out to be. Inhalation of smoke, toxic chemicals, spilling of hazardous chemicals, toxic emission from waste, and other unusual accidents can be fatal to workers in these industries. Back in 2017, nearly 41 workers in the United States died on the job after a single epi...
Adhesives and sealants to emerge as key bonding technologies in industrial manufacturing applications
Published Date: Jul 2, 2021
Bonding technologies such as adhesives and sealants play a key role in the modern industrial landscape and are rapidly becoming an indispensable part of myriad sectors. The use of adhesive technologies is considered to be an efficient process in the bonding of materials in manufacturing facilities, owing to their numerous benefits over alternative technologies. For instance, sealants and adhesives help overcome the challenges associate...
Anti-corrosion coatings industry powers through the impact of COVID-19 crisis
Published Date: Jul 1, 2021
A strong of priority for corrosion engineering among employers, regulators, and policymakers is driving the market for anti-corrosion coatings. These coatings ensure superior protection of metal and alloy components against corrosive environments. Changing climate and weather conditions have made materials more vulnerable to corrosion, creating a demand for advanced corrosive protection. Coating formulations with corrosion resistance are in robus...
Plant-derived protein powders to influence evolving human nutrition trends
Published Date: Jun 25, 2021
Protein powder market has undergone significant transformation over the past decade. Consumers are nowadays stressing more on maintaining their physical health and fitness by taking inspiration from celebrities and fitness models on social media. Prevalence of health conditions like obesity has motivated people to adopt hobbies like sports activities and has encouraged to purchase of gym memberships. According to the IHRSA, the health club sector...
The changing landscape of camera lens industry; Key opportunities and challenges to watch out for
Published Date: Jun 24, 2021
Innovations and technological advancements are catalysts in the global camera lens market. Unprecedented growth of the smartphone sector and the sheer idea of striving for a picture-perfect finish have become dominant, prompting camera lens suppliers to inject funds into research and innovations. While most professionals prefer mirrorless and DSLR cameras, smartphone cameras are coming with new lens technology such as improved zooming, reduced we...
Taking a closer look at the evolution of pet tech market during COVID-19 pandemic
Published Date: Jun 22, 2021
With the COVID-19 pandemic significantly impacting the trend for pet adoption and care, the pet tech market has been laying down a more solid foundation. Several countries halted all non-essential services and imposed strict lockdowns and social restrictions amid the coronavirus crisis, of never-before-seen proportions, on their citizens. These lockdowns did fulfil their purpose; slowing down the spread of the virus. On the flipside, they ended u...
Nitrile gloves industry share intensifies with increasing PPE demand
Published Date: Jun 18, 2021
Intensifying focus on worker safety across medical, chemical, automotive, and oil & gas sectors is a major reason for the burgeoning nitrile gloves industry, with robust need for critical PPE solutions. Hands are the second-most susceptible to injuries in the workplace, closely following back injuries. According to U.S. Bureau of Labor Statistics, over 1 million workers experience severe hand injuries each year, from lacerations, cuts, and pu...
How will fast emerging platforms and regulatory hurdles impact cryptocurrency industry
Published Date: Jun 18, 2021
Cryptocurrency market have gained wide-scale popularity in the past few years as large businesses and investors are intrigued by the new opportunities and benefits associated with these digital ‘currencies’. Cryptocurrencies, or cryptos, are designed to work as a medium of exchange and exist completely online. Backed by blockchain technology, cryptos operate without the requirement of a central authority and eliminate certain processi...
Protective face masks meet unprecedented challenges in COVID-19 era
Published Date: Jun 11, 2021
At a time when the world is battling to get through the dreaded coronavirus pandemic, protective face masks have come out to be the simplest, most economical, and highly effective ally in the war against the infection. The trend of protective face masks has surfaced with a stronger jolt of coronavirus being felt across various economies in terms of the elevating mortality rate and paralyzing economic values. Significant efforts are tak...
Tapping into the current trends in global pet care industry
Published Date: Jun 10, 2021
Globally, pet care industry is shaping up to be a lucrative domain owing to a widespread pet adoption trend. At a time when seamless access to veterinary care has ushered innovation, pet care companies are expected to harness technology and explore new business models to boost consumer reach. According to the 2019-2020 National Pet Owners Survey of the America Pet Products Association, around 85 million households had a pet, indicating the tremen...
Top 3 trends to watch out for in industrial air compressor market
Published Date: Jun 10, 2021
Industrial evolution in emerging economies, coupled with robust product usage in nearly every heavy industry worldwide will trigger a surge in demand for industrial air compressors in the years ahead. Industrial air compressors are essential tools for the proper functioning of manufacturing and industrial plants worldwide. With a firm presence in nearly every major industry, compressed air is often touted as the fourth key utility, in ...
Golf Cart Market - Key drivers, challenges, trends to watch out for in 2021 and beyond
Published Date: Jun 4, 2021
Golf carts market is witnessing significant demand across myriad applications worldwide, with the utility of these compact vehicles gradually transcending beyond simply shuttling players and their equipment across golf courses. The vehicle is used for short-distance transport solutions in ranches, hotels, resorts, multi-family housing properties, and industrial sites, among others. This, in turn, has substantially broadened the application scope ...
Automakers tap electric buses to address growing demand for environmental sustainability
Published Date: Jun 4, 2021
Electric bus industry is on the cusp of transforming commercial mobility worldwide, even across countries where sustainable transport solutions are just gaining acceptance. Ongoing concerns regarding global warming and rising CO2 emissions has urged nations to switch to green mobility, sparking the demand for electric vehicles (EVs). Being a sustainable mode of transportation, an electric bus can significantly reduce GHG emissions whilst lowering...
Growing trend of DIY projects and the future of home improvement market
Published Date: Jun 3, 2021
Global home improvement market size is expected to record consistent growth through 2027. Home renovation projects are adding fillip to the U.S. construction sector with increasing emphasis on the remodeling of external structures, including lawns, garages and gardens. Citing the U.S. government data, the National Association for Home Builders asserts that new single-family and multifamily construction used around $94.9 billion in building produc...
Prebiotics consumption expands in food and beverage applications – key nutritional benefits drive the ingredient demand
Published Date: Dec 17, 2018
One of the most rapidly progressive verticals of the global nutrition space, prebiotics market has come a long way since its inception, having now emerged as a niche entity in itself. With the increasing consumer spending on food and beverage products, the global prebiotics market has been expanding at a steady rate over the last few years. A gradual rise in consumer awareness regarding the benefits of including fiber rich food in their...
Lithium ion batteries continue to gain phenomenal traction in the automotive sector - need for alternate energy sources to reinforce the trend
Published Date: Apr 15, 2021
In an era where clean energy is continually being propagated, lithium ion battery industry has been gaining exceptional prominence, given that the product is extensively used in phones, computers, cordless power tools, battery operated vehicles, and more. The popularity of this business space has been validated through a recent instance, when smart battery systems firm Forsee Power introduced its next-generation extra-thin lithium-ion batteries i...
Online education industry – How has COVID-19 impacted the growth dynamics
Published Date: Aug 5, 2020
If armed conflicts, climate change induced disasters, forced displacement, and protracted crisis were not enough already to disrupt the education of millions of children and youth globally, the COVID-19 pandemic has also emerged as a brutal force accelerating the count to an unpredictable value in the years to come. Surprisingly though, this outbreak seems to have brewed a major revolution in academia – bringing the significance of online e...
Personal Protective Equipment Industry – 6 Major Application Sectors Driving Trends
Published Date: May 13, 2020
The global personal protective equipment (PPE) industry, one of the most regulatory-driven spheres of its time, has only served to gain further prominence in the recent years. With the expanding pace of industrialization, the number of manufacturing procedures and protocol has increased by several proportions, on account of which personal protective equipment companies are focusing on designing unique protective wear with a view to ensure optimum...
Top 8 challenges of food and beverage industry to watch out for
Published Date: May 13, 2020
The humongous outbreak of the dreaded coronavirus has brought about a groundbreaking change in what the world perceived as ‘normal’. With an estimated 3,820,737 positive cases globally, as claimed by Worldometer, the COVID-19 has sent ripples of fear across the masses, destroying not only lives, but also the economies of most countries, given the stringent enforcement of lockdowns across the globe. Major industry verticals ...
Legalization of medical cannabis and the evolving marijuana industry
Published Date: Feb 12, 2020
Relentless efforts of marijuana advocates over the years, both individuals and businesses, has led to the legalization of medical cannabis across many jurisdictions globally. Several studies carried out to determine the actual effects of the substance on human mind and health have helped transform its consumer base. From being a recreational drug, it can become a potential life saver in some situations. Global medical cannabis industry...
Growing number of flexitarians and the rising demand for plant-based meat
Published Date: Oct 29, 2019
The range of meat alternatives available in the market has been expanding over the past few years with the rise in vegetarian as well as vegan eaters, and the sales of plant-based meat products are growing exponentially. The trend of veganism has been largely propelled by flexitarians, individuals who are aiming to reduce their meat consumption. Consumers are increasingly focusing on minimizing their meat intake amid growing concerns p...
How is new age manufacturing influencing metal foam industry outlook?
Published Date: Oct 29, 2019
The commercialization matrix of global metal foam market has experienced a major change of dynamics since the last few years, a feat that can be attributed to the vast application expanse of this material. The properties of metal foams like high porosity, impact resistance, and sound absorption have substantially augmented metal foam market size over the last few years due to increasing usage across a plethora of industries. The ever-e...
Conductive Polymers Industry: How will the expansion in electronics and photovoltaic sectors drive the product demand?
Published Date: Oct 29, 2019
The growth graph of the global conductive polymers market is witnessing a transformational shift in dynamics in the recent times owing to the expanding global semiconductor and electronics industry. Lately, this sector is being characterized by the increasing demand for light weight components and miniaturization, pertaining to their user-friendliness and convenience. The robust proliferation of this trend is rather overt from the fact that promi...
DTC genetic testing – How will rising consumer interest in genealogy fuel the global demand?
Published Date: Oct 29, 2019
Sixteen years since the conclusion of the Human Genome Project (HGP), one of the greatest scientific feats in human history, people around the world can now have a version of their DNA analyzed for a modest fee via Direct-to consumer (DTC) genetic testing. The technology is rapidly accelerating the number of people who are able to get testing of their genome for early detection of genetic health conditions. Based on a report published ...
Top 7 critical challenges automotive industry is facing today
Published Date: Oct 4, 2019
An integral component of the global economy, the automotive industry, a flourishing behemoth in itself, has been fraught with many challenges in recent times. While automakers have been rather forthright in adapting to the transformation the industry continues to experience time and again, changes in the global technological landscape have prompted the need to quickly analyze the challenges in automotive industry and brainstorm ideas to resolve t...
The meteoric rise of pumps industry corresponding to the booming APAC infrastructure sector
Published Date: Jul 29, 2019
The rapid pace of urbanization and industrial advancement has considerably strengthened the growth prospects of the global pumps industry. In essence, this has expanded the popularity of this business space and tagged it as one of the most profitable verticals of the HVAC sphere. Endowed with an enormous application landscape, ranging from the mammoth mining sector to oil & gas facilities and the ever-expanding construction sector to the emer...
The future of masterbatch industry in packaging: Global Market Insights
Published Date: Jul 29, 2019
In this age of rapid industrial development and rising consumption of manufactured products, the global masterbatch industry has gained tremendous momentum from ceaseless demand for goods that are made using plastic material. Today, numerous plastic products and components derive their color from masterbatches developed for specific type of substance, being suited for application in the automobile, construction, agriculture, packaging and consume...
A wide-ranging rundown of prominent home improvement industry trends – how will the rising investments in home remodeling and changing preferences of millennials impact the market landscape?
Published Date: Jul 29, 2019
The home improvement market has, in recent times, evolved to be the most potent of most money-making industry terrains, given the onslaught of reconstruction and refurbishment projects worldwide. Profitable business agreements in the construction cosmos are reliable indicators of the projection that home improvement spending is expected to increase in the coming years. For instance, QuinStreet, Inc., the online marketplace solutions pr...
Circular economy and its impact on battery material recycling industry growth
Published Date: Jul 29, 2019
As the global efforts intensify to promote sustainable development, the significance of battery materials recycling industry cannot be overstated in this era of hyper-consumerism. Owing to the increasing pace of industrialization and constant innovation in manufacturing processes, the over-production and over-consumption of consumer goods, electronics, automobile, and textile products has emerged as a major cause of concern across the world. Recy...
3 major trends defining video conferencing industry growth
Published Date: Jun 13, 2019
The proliferating expansion of video conferencing industry is rather evident from the recent launch of Sync, a monitoring and management software by Logitech. Armed with an intent to help enterprises easily manage their video conferencing systems, Logitech’s entry in conference device management comes on the heels of discussions in meeting rooms shifting toward video modes. On the grounds of this paradigm shift, numerous video conferencing ...