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COVID-19 Pandemic Hurts Global Astaxanthin Market - Astaxanthin Supplements Sales to Decline in 2020

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Industry Experts, Inc. released an updated 2020 version of the comprehensive global market report on Astaxanthin. The report entitled " Global Astaxanthin Market – Sources, Technologies and Applications " reveals that the consumer spending on other single vitamin and dietary supplements including Astaxanthin supplements has drastically reduced during the first half of 2020. Astaxanthin supplement sales were lower due to the closure of retail stores across the globe, partially offset by the increased sales on e-commerce channels. The situation is somewhat normalized during the second half of 2020, but still consumer spending on Astaxanthin supplements is expected to be lower than the normal. The impact of COVID-19 pandemic on astaxanthin demand is expected to differ in intensity depending on their end-use application and region. Sharpest declines would be expected in astaxanthin for dietary supplements, cosmetics and aqua feed sectors. Demand for astaxanthin in poultry feed a...

Global Activated Carbon Market Witnessing a Slump due to COVID-19 – Market Report (2019-2026) by Industry Experts, Inc

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Industry Experts, Inc. released an updated global market research report on Activated Carbon. The report entitled " Activated Carbon – A Global Market Overview " focuses on the market for Activated Carbon product types, key applications and the major end-use sectors. Asia-Pacific is the principal global market for Activated Carbon, which is also likely to log the fastest 2019-2026 CAGRs of 6% and 6.7% for volume and value respectively. Activated carbon's outstanding capability in adsorbing a number of impurities from liquids and gases renders it to be used on an extensive basis in several applications concerning air and water purification. Additional application areas for the material include the automotive, food & beverage and medical & pharmaceutical industries, although on a limited basis. The future market for activated carbon is also likely to derive benefit from a continuous stream of openings from a number of industrial processes that employ adsorption tec...

Impact of COVID-19 on Sterilization Technologies Market - Trends and Forecast (2017-2026) by Industry Experts, Inc.

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Industry Experts, Inc. published an updated 2020 version of the report " Sterilization Technologies – A Global Market Overview ". Analysts at Industry Experts estimate that the normalization in volumes is likely to occur once hospitals get relatively free from attending to the highs of COVID-19 and investigate addressing the unmet demand for elective surgical procedures at the end of 2020 and the beginning of 2021. This is bound to have a positive impact on the market for Sterilization Technologies. Amid the COVID-19 pandemic, the global market for Sterilization Technologies is anticipated to record a robust growth during 2019-2021 period. Contrarily, due to deferred or cancelled elective procedures across the globe, the market for Sterilization Technologies is estimated to grow at a modest year-on-year (Y-o-Y) growth of just 4.3% in 2020, partially offset by increase in demand for sterilization of personal protective equipment (PPE) and demand from the life sciences sector ...

COVID-19 Pandemic Impact on the Global Probiotic Products Market - Industry Experts, Inc. Analysis 2019-2027

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Industry Experts, Inc. released an updated 2020 version of the market research report on Probiotic Products. The report entitled " Probiotic Products – A Global Market Overview " reveals that Asia-Pacific dominates the global market in terms of consumption in all end-use sectors except Dietary Supplements in which North America is the leader during the analysis period 2019-2026. The COVID-19 pandemic has impacted the entire value chain of the probiotics industry mainly due to strict lockdown in several regions. However, the use of probiotics is increasing in this COVID-19 pandemic times mainly because the coronavirus directly affects the human’s immune system and the use of probiotics has positive effects on the immune responses. Amid COVID-19, the demand for the global probiotics is projected to increase by 7.5% Y-o-Y in 2020 to reach US$48.7 billion from an estimated at US$45.3 billion in 2019. Based on the application, demand for Probiotics in Dietary Supplements is expe...

Huge Surge in NG Tubes and Giving/Extension Sets Due to COVID-19 Pandemic to Witness Exceptional Growth in Global Enteral Feeding Devices Market and Leads to Surpass 100 Million Units by 2026

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Industry Experts, Inc. unveiled the new market research " Enteral Feeding Devices – A Global Market Overview ". As per this global report, Impact of the COVID-19 pandemic on global enteral feeding devices will vary from device to device and country to country. Demand for enteral feeding pumps, nasogastric tubes and giving/extension sets has increased robustly due to overwhelming ICU admissions of critically ill COVID-19 patients. The impact of COVID-19 pandemic on global enteral feeding devices market is expected to differ in intensity depending on the device type. Sharpest declines would be expected in demand for PEG/J Kits, Low-Profile Devices and Gastrointestinal Tubes, due to cancelled or delayed elective procedures and delay in tube replacements. On the other hand, demand for Feeding Pumps, Nasointestinal Tubes and Giving/Extension Sets is forecast to witness robust gains during 2019-2020, due to the extra demand created from COVID-19 related ICU admissions. The Entera...

Impact of COVId-19 Pandemic on Global Powder Metallurgy Market - 2019-2026

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Industry Experts, Inc. released an updated 2020 version of the global market report entitled " Powder Metallurgy – A Global Market Overview ". As per the new report, the demand for Powder Metallurgy in Asia-Pacific is likely to record the fastest 2019-2026 CAGR of 6.9% in reaching a projected US$3.9 billion by 2026. COVID-19 has sent the global markets into a tizzy with the impact it has had and the Powder Metallurgy (PM) industry is no exception to this. However, the overall effect of this malaise on the market for PM may not be as pronounced as being witnessed by other sectors. The major end-use industries of PM include Automotive with over 75% share in 2019, with Aerospace, Electrical & Electronics and Medical accounting for nearly similar smaller splits. Automotive accounts for about three-fourth of the global Powder Metallurgy market in 2019 and also projected to lead the market through to the analysis period 2019-2026. The overall Powder Metallurgy market is estim...

Global Silicones Market to Reach 3.1 Million Metric Tons by 2026 - COVID-19 Impact Analysis (2019-2025) by Industry Experts, Inc.

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Industry Experts, Inc. published an updated 2020 version of the market research report on Silicones. The new report entitled " Global Silicones Market – Products and Applications " discusses how the COVID-19 Pandemic influences the market for Silicones. The impact of COVID-19 pandemic on silicones demand is expected to differ in intensity depending on their end-use application. Sharpest declines would be expected in silicones for transportation, paper & textiles and energy sectors. Demand for silicones in construction and personal care & consumer applications, although declining year over year, is expected to be somewhat better compared to other applications. On the other hand, demand for silicones is expected to be robust in medical & healthcare applications. Asia-Pacific is the largest region for the global silicones market, cornering an estimate share of 52.3% in 2019, followed by North America with 510 thousand metric tons in the same year. Asia-Pacific is ...

Impact of COVID-19 on Global Industrial Enzymes Market (2019-2026) - Research Report by Industry Experts, Inc.

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Industry Experts, Inc. published the 2020 version of the global market report " Industrial Enzymes – A Global Market Overview ". The report reveals that Carbohydrases is the largest segment of the industrial enzymes market as well as the fastest growing market during the analysis period 2019-2026. Demand for Industrial Enzymes used in Textiles & Leather applications is anticipated to decline drastically in 2020 compared to 2019, estimated at -8.2% Y-o-Y due to the decline in Chinese textile production, with volumes shifting away from China to countries with lower enzyme penetration. Demand for Industrial Enzymes in Biofuel applications is expected to contract sharply with a negative Y-o-Y rate of 7.3% due to sharp decline in gasoline demand and consequently a significant drop in the demand for ethanol. Industrial enzymes demand in Household Care estimated to grow at faster 9% Y-o-Y in 2020 due to increased enzymatic penetration of detergents, mainly in emerging markets...

PSA Tapes Global Market to Reach 69 Billion Square Meters by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. released an updated 2020 version of the market research report on Pressure Sensitive Adhesive (PSA) Tapes. The new report entitled " Pressure Sensitive Adhesive (PSA) Tapes – A Global Market Overview " reveals that the market for PSA Tapes is declined for all types except Medical Hygiene sector in 2020 due to the Pandemic impact. Demand for packaging Pressure Sensitive Adhesive (PSA) tapes used in essential goods including food & beverage packaging, hygiene packaging and home products packaging has increased, whereas demand for these products in industrial, luxury and some B2B-transport packaging has declined. PSA tapes demand in e-commerce related packaging is expected to increase significantly in 2020. On the other hand, PSA packaging tapes demand in packaging applications in sectors like personal care & cosmetics, industrial, and B2B transportation is expected hit hardly by the Covid-19 pandemic. Polypropylene backed tapes are the leading ...

Global Market for Hydraulic Components to Reach $75 Billion by 2026 - Industry Experts, Inc. Market Research

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Industry Experts, Inc. published an updated version of the market research report on Hydraulic Components. The new version of this report includes the impact of COVID-19 on the global Hydraulic Components market . Asia-Pacific and South America are expected to grow by a relatively faster growth while developed regions such as North America and Europe are projected to witness the slower growth during the same analysis period. The COVID-19 crisis that has the world in its grips has taken a toll of the hydraulic components industry, too, although not to the devastating extent to which other sectors have been affected. Marginal declines are likely to be witnessed across the board over 2019-2020 and some semblance of growth can be expected only towards mid-2022. However, this positive outlook depends on how the pandemic situation pans out over the coming months and how economies react to developments. Ill-thought out lockdowns being imposed by governments based on the ground situation that...

Mixed Impact of COVID-19 on Global Pressure Sensitive Adhesives Market - Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. released an updated 2020 version of the global market report on Pressure Sensitive Adhesives (PSAs). The new report entitled " Global Pressure Sensitive Adhesives (PSA) Market – Technologies, Chemistries and Applications " provides the comprehensive analysis of COVID-19 impact on the PSAs market. According to the report, there will be a mixed impact on various industries such as very positive impact on medical technology, food packaging and pharmaceuticals while it impacts negatively on automotive OEM and aftermarket, aerospace, electronics, general industrial, construction etc. Pressure Sensitive Adhesive (PSA) is a viscous material that remains permanently tacky and bonds two surfaces together by applying slight pressure. No solvent, water, or heat is required to activate the adhesive. Pressure sensitive adhesives (PSAs) have been accepted across wide variety of industries and applications due to their ability to generate an instantaneous bond using ...

Apoptosis Assays Market Anticipated to Reach $8 Billion by 2026 - Research Report (2019-2026)

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Industry Experts, Inc. unveiled the new market research report " Global Apoptosis Assays Market – Products, Detection Technologies, Applications and End-Use Markets ". Analysts at Industry Experts estimate that the market for Apoptosis Assays by detection technology is the largest for Flow Cytometry, estimated at US$1.5 billion in 2019 closely followed by Cell Imaging & Analysis System. The advent of COVID-19 towards the end of 2019 and the inroads this virus has made after originating from China by this time has upended markets to an unprecedented degree. Although researchers are burning the midnight oil in the search for a vaccine and a cure for this pandemic, both are highly unlikely to be discovered and developed in the near future. While it may be argued that the medical industry, which has been at the forefront in tackling this crisis, will be the least affected, the ground reality is different. Resources are being diverted towards finding vaccines and cures for th...

COVID-19 Negatively Impacts Global Zeolites Market Growth and Expected Slow Recovery in the Long Run

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Industry Experts, Inc. introduced a global market research report on Zeolites. The new report entitled " Global Zeolite Market – Products and Applications " focuses on the market for Zeolites types and the key application sectors. Asia-Pacific is the principal global market for Zeolites, which is also likely to log the fastest 2019-2026 CAGR of 2.4% in reaching a projected US$5.9 billion by 2026. Zeolites are most widely used in the production of detergents, with other major applications for the materials being building & construction, water and wastewater treatment and oil refining & petrochemicals. Of the two types of zeolites, the demand for the natural variety is marginally larger, though the market for synthetic zeolites is likely to grow at a faster rate. The market for zeolites has also been negatively impacted by this unforeseen development of COVID-19 and it would be impossible to achieve previously envisaged growth rates over the short term at least. How...

COVID-19 Outbreak Drives Infectious Diseases to Witness Highest Growth and Helps Global Molecular Diagnostics Market to Touch $25 Billion by 2026 - Market Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. published an updated 2020 version of their market research report " Global Molecular Diagnostics Market – Technologies, Products, Applications and End-Use Sectors " with the COVID-19 influence on the market. Analysts at Industry Experts reveal that the reagents & consumables market is largest amongst the molecular diagnostics product types in 2019 estimated at US$8.2 billion. Amid COVID-19 outbreak, the global market for Molecular Diagnostics has created mixed opportunities for manufacturers all over the world. While some of the application segments, such as infectious diseases, is projected to record the highest growth during the pandemic period of 2019-2022, but other applications such as oncology etc. are estimated to face a reduction in demand during the same period. Global Molecular Diagnostics market has generated a revenue of US$10.85 billion in 2019, and is estimated to be just over US$15 billion in 2020. During 2019 to 2022 period, ...

Faster Adoption of Supercapacitors in Automotive Sector to Drive the Global Market to Reach $7.3 Billion by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. released the global market research report on Supercapacitors. The new report " Global Supercapacitors Market – Products, Modules and Applications " reveals that the Asia-Pacific forms the largest worldwide market for Supercapacitors in 2019, which is also poised to post the fastest 2019-2026 CAGR of 17.8%. The global market for supercapacitors is the largest, as also the fastest growing, in Asia-Pacific. However, the adverse impact upon every industry caused by the Covid-19 outbreak in China in December 2019 has left its mark on the demand for supercapacitors also. While before the incidence of this pandemic the market for supercapacitors presented a rosy picture, with high double-digit growth rates in the range of 25%-35%, these trends would now be difficult to sustain. Countries across the globe are facing challenging medium-term futures and recovery could take anywhere from one to three years, again based on what the trajectory of a particular re...

Ongoing Expansion of Road and Rail Networks Worldwide Drive Demand Growth for Geosynthetics Market to Surpass $20 Billion by 2025 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. unveiled the new global market research report " Global Geosynthetics Market – Types, Raw Materials and Applications ". As per this global market report, Asia Pacific accounts for the largest share of the global market and projected to emerge as the fastest-growing market during the forecast period. The increased adoption of geosynthetics in the past few years has boosted the global geosynthetics market growth. In addition, rising investment in environmental projects and infrastructure by both developing and developed countries predicted to boost sustainable development and contribute extensively to reducing the carbon footprint. New production technologies and cost-effective production techniques provide opportunities for manufacturers of geosynthetics material. The demand for Geosynthetics by product is led by Geotextiles segment, accounting for about 45% share in 2019, which is projected to reach US$10.6 billion by 2026 at the fastest CAGR of 7....

Despite COVID-19 Pandemic Impact, Graphite Market is Projected to Reach 3.2 Million Tons Equated to $27 Billion by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. published a global market research report on Graphite. The new report entitled " Global Graphite Market – Types, Sub-Types and Applications " reveals that Asia-Pacific dominates the global volume consumption of Graphite, estimated at 1.58 million tons (translated to US$14 billion) in 2019, which is likely to register the fastest 2019-2026 CAGR of 4.6%. Graphite is a naturally-occurring form of crystalline carbon that is a native mineral element found in metamorphic and igneous rocks. This element can be termed a mineral of extremes, in that it is outstandingly soft, cleaves with the minimum of pressure and has a very low specific gravity. Graphite also has exceptional resistance to heat and is virtually inert in contact with almost any other material. Due to these extreme properties, this versatile element finds a wide range of applications in the metallurgical and electrical sectors, among others. The global outbreak of Covid-19 or the novel coron...

Prevailing Incidences of Cancer and Increasing Contagion Concerns Driving the Demand for Disposable Medical Sensors to Touch $14 Billion by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. released a global market research report on Disposable Medical Sensors. The new report entitled " Disposable Medical Sensors – A Global Market Overview " focuses on the market for Disposable Medical Sensors types, placement types and the key applications. Asia-Pacific demand for Disposable Medical Sensors is likely to register a robust and the fastest similar period CAGR of about 12.4% and reach a projected US$3.4 billion by 2026. Rising incidences of chronic diseases such as cancer and increasing concern over contagion and hospital acquired Infections are the main factors driving growth of the Disposable Medical Sensors Market. Growing demand for low cost medical devices, technological advancement in sensor devices, utilization of implantable sensors in preclinical drug research, increasing demand for disposable image and wearable sensors are some of the factors fueling the Disposable Medical Sensors market. Factors such as inadequate reimbursement ...

Increased Usage in Pharma and Infant Nutrition Drives Global Omega-3 PUFAs Market to touch nearly 200k Metric Tons by 2026 - Market Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. unveiled an updated 2020 version of its most comprehensive global market research report on Omega-3. The new report " Omega-3 Polyunsaturated Fatty Acids (PUFAs) – A Global Market Overview " estimates that Asia-Pacific is the largest market with annual consumption of about 54 thousand metric tons in 2019 account for 39% of the global market. Omega-3 Polyunsaturated Fatty Acids (PUFAs) offer significant benefits in maintaining heart health, in addition to safeguarding against cancer and birth defects and offsetting symptoms of diabetes, arthritis, cognitive decline, depression and several other conditions. Recovered from declining sales between 2012 to 2014, attributed to negative studies in the US media, global Omega-3 market has picked up the growth momentum in recent years. Sales of Omega-3 ingredients for dietary supplement sector has been significantly reduced compared to other application sectors during the slowdown period. The impact was large ...

Global Flame Retardant Chemicals Demand to Reach 3.8 Million Metric Tons by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. published the global market research report on Flame Retardant Chemicals. The new report entitled " Flame Retardant Chemicals – A Global Market Overview " reveals that the Epoxy Resins and Polyolefins are the largest and the fastest growing applications of Flame Retardant Chemicals globally during the analysis period 2019-2026. Epoxy resins and polyolefins form the two largest applications for flame retardant chemicals, and they will retain their leadership position over the analysis period with epoxy resins recording the fastest growth. While the global building & construction industry accounts for the largest share of flame retardants demand, the electrical & electronics sector, particularly in Asia, will emerge as the fastest growing. Asia-Pacific will retain its dominant position as the largest, as also the fastest growing, market for flame retardant chemicals. Bio-based and plant-based flame retardants are other areas where extensive res...

Technological Advancements Combined with Increased Geriatric Population and Government Funding Propel the Demand for Catheters Global Market to Reach $44 Billion by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. released a global market research report on Catheters. The new report entitled " Catheters – A Global Market Overview " focuses on the market for Catheters types and the key end-use sectors. Asia-Pacific is projected to go faster at a CAGR of 7% during the analysis period 2019-2026, while North America is estimated the largest market with US$11 billion in 2019 followed by Europe with US$9.1 billion. The major factors driving the growth of Catheters market include rising incidences of cardiovascular diseases, urinary related disorders, cancer, kidney failure, and others. Furthermore, technological advancement in catheterization procedures, significant increase in incontinence problems in geriatric population, increasing demand for sterile and disposable catheters, demand for minimal invasive surgical procedures, funding by various government organization and medical device manufacturing companies propel the growth of Catheters market. Cornering an ...

Global Market for Blood Glucose Monitoring Devices is Forecast to Reach USD22.9 Billion by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. published a comprehensive global market research report on Blood Glucose Monitoring Devices. The new report entitled " Blood Glucose Monitoring (BGM) Devices – A Global Market Overview " reveals that the Home Settings end-use sector is estimated the largest consumer of Blood Glucose Monitoring Devices accounting for about 43% in 2019 valued at US$5.9 billion. The market for blood Glucose Monitoring Devices is driven by rising prevalence of diabetes worldwide and increasing geriatric population. Additionally, growing awareness about diabetes preventive care and new technology developments are expected to boost the market. Blood glucose monitoring devices are used to measure blood glucose levels in diabetic patients. North America leads the global market for Blood Glucose Monitoring (BGM) Devices, accounted for 36.9% market share in 2019, which is projected to reach US$8.7 billion by 2026. During the same period, demand for Blood Glucose Monitoring D...