Posts

Showing posts from 2021

Double-Digit Growth in Healthcare and Household Sectors Bolstered the Demand for Disinfectants during COVID-19, Partially Offsetting by Drop in Demand from Commercial and Industrial Sectors

Image
Industry Experts, Inc. introduced the new market research report on Disinfectants. The new global report entitled " Global Disinfectants Market – Compositions, Types, Applications and End-Use Sectors " reveals that the demand for disinfectants in Healthcare Settings and Households led the global market during the pandemic with double-digit growth rates of 17% and 19% respectively in 2020 compared to 2019. Disinfectants will play a major role in alleviating the situation, the market demand for which is expected to maintain a growing trend. Most of the requirements would be satisfied by Liquid Disinfectants, which are easy to use and can be replenished without any complications. Another factor to be noted is the growing demand for Bio-Based Disinfectant products, the market size of which is quite small compared to their chemical counterparts, but the same is gaining in terms of increased market penetration. While demand for Disinfectants was weak in Commercial Establishments...

COVID-19 Pandemic has Moderately Impacted Demand for Natural Source Vitamin E in 2020 | Industry Experts, Inc.

Image
Industry Experts, Inc. unveiled the 2021 version of its global market report on Natural Vitamin E. The new version of the report entitled " Natural Source Vitamin E (Tocopherols and Tocotrienols) – A Global Market Overview " reveals that the Food & Beverages demand will lead the global Natural Vitamin E market while Dietary Supplements sustains with the largest consumer position. Over the long term, consumer awareness regarding improved health and the increase in ageing population worldwide are anticipated to create robust demand for nutraceutical products including natural source vitamin E supplements. Dietary supplements enriched with natural vitamin E are finding wider acceptance among consumers for improving energy and endurance and reducing muscle damage after exercising. Also, a few alpha tocopherol-containing health supplements have been found to decrease the risk of bone fracture for the geriatric population, in addition to improving overall muscular strengt...

Impact of ASF and COVID-19 on the Global Synthetic Vitamin E Demand - 2017 to 2026 Market Analysis, Trends and Forecast by Industry Experts, Inc

Image
Industry Experts, Inc. published an updated 2021 version of the report " Synthetic Vitamin E – A Global Market Overview ". As per the new report, Asia-Pacific is the largest global market for Synthetic Vitamin E in terms of both volume and value accounting for a share of 35% and 29% respectively in the year 2020 forecast to sustain the same trend through 2026. Demand for livestock has been growing at an exponential rate, which has resulted in increasing the need for animal feed and animal feed additives, such as vitamins. Synthetic Vitamin E constitutes the major ingredient employed in the global animal feed sector, with the market for this key additive continuing to expand in direct proportion to demand for livestock that is more evident in the developing economies of Asia, Africa and Latin America. Brazil, China and other Asian and African regions are drawing alongside the western economies in terms of wider adoption of modern animal production techniques that is enabling ...

Despite COVID-19 Pandemic Situation Glass Fiber Reinforcements Demand in Wind Energy was Robust in 2020 - Industry Experts, Inc.

Image
Industry Experts, Inc. released an updated 2021 version of an in-depth global market research report " Glass Fiber Reinforcements – A Global Market Overview ". The study covers the comprehensive analysis on the impact of COVID-19 pandemic across the globe and projections through 2026. Attributed to the slowdown in global economy and industrial activities worldwide amid the impact of novel coronavirus pandemic, global market for Glass Fiber Reinforcements has witnessed a significant decline in terms of both volume and value. Recovering from the pandemic impact, global market is projected to reach 8.2 million metric tons by 2026, reflecting a CAGR of 5.9% during 2020-2026 analysis period, driven mainly by growth in the key application areas such as aerospace, automotive & transportation, pipes & tanks and wind energy. While almost all application sectors of Glass Fiber Reinforcements were impacted negatively by the COVID-19 pandemic, Wind Energy sector has genera...

Worldwide Construction Downturn Impacted Global Glass Wool/Fiberglass Demand in 2020 | Market Research Report (2020-2026) by Industry Experts, Inc

Image
Industry Experts, Inc. published an updated 2021 version of its comprehensive market report on Glass Wool/Fiberglass Insulation. This global market report entitled " Glass Wool or Fiberglass Insulation – A Global Market Overview " covers the detailed impact of COVID-19 pandemic on the Glass Wool/Fiberglass Insulation market and projections through 2026. Downturn in the residential and commercial construction markets due to COVID-19 impact, global demand for Glass Wool insulation in Residential Construction and Commercial & Industrial Construction sectors has declined significantly in 2020 compared to that of in 2019. Expected to recover to pre-COVID-19 pandemic levels around 2022, Glass Wool insulation demand in Residential Construction and Commercial & Industrial Construction applications is project to reach 3.2 MTs and 1.2 MTs respectively by 2026, maintaining 2020-2026 volume CAGRs of 3.9% each. Asia-Pacific region is expected to record a robust growth of 5.3% p...

Worldwide Market for Gas Detection Equipment is Expected to Reach $4.4 billion in 2021 | Industry Experts, Inc Analysis 2020-2026

Image
Industry Experts, Inc. unveiled a comprehensive global market research report on Gas detection Equipment. The new report entitled " Global Gas Detection Equipment Market – Detector Types, Sensor Technologies and Applications " reveals that the North American market is the largest globally while fastest growth is anticipated to be posted by Asia-Pacific, boosted in particular by China. Gas Detection Equipment finds application in a range of industries as the primary option for the early detection of leakage of flammable and toxic gases and vapors, owing to which these systems have maintained relatively good demand. The Chemical/Petrochemical and Refinery sector is the largest, as also the fastest growing, market for these devices, as they play a critical role in saving human lives and other assets in case of serious mishaps associated with this industry. Detection of toxic and flammable gases is a key component of these systems, and, if achieved with early warning signs, can ...

Global Carbon Fibers Market Amid the Pandemic Impact - Aerospace and Automotive Demand Declined Sharply in 2020

Image
Industry Experts, Inc. released an updated 2021 version of its in-depth comprehensive market report on Carbon Fibers. This global market report entitled " Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) – A Global Market Overview " covers the detailed impact of COVID-19 pandemic on the Carbon Fiber market. Global demand for Carbon Fibers was declined sharply in 2020, dropping by 9.5% YOY in volume terms and 15.4% in value terms, due to reduction in demand for Carbon Fibers across major application areas amid the impact of coronavirus pandemic. Aerospace, automotive, and oil & gas applications have been hit hard by the pandemic during 2020. COVID-19 pandemic has impacted the production rates of aircrafts significantly during 2020 as demand for new aircrafts drastically decreased. Additionally, the parked fleet of commercial aircraft reached record levels globally during 2020 as passenger traffic fell and airlines reduced capacity. Each new generation of comme...

Impact of COVID-19 on Global High Purity Alumina Market 2020-2026 | Market Research Report by Industry Experts, Inc

Image
Industry Experts, Inc. updated its global market report on High Purity Alumina. The new report entitled " High Purity Alumina – A Global Market Overview " focuses on the market for High Purity Alumina product segments, technologies and key application sectors. 4N is the most widely consumed type of HPA on a global basis and is also predominant in terms of value demand. Hydrolysis is most widely used to process High Purity Alumina (HPA), the demand for which is also likely to be the fastest growing while, by segment, 4N is the most widely consumed type of HPA on a global basis and is also predominant in terms of value demand, which is also anticipated to witness the fastest CAGRs exceeding 10%. Asia-Pacific constitutes the leading global volume market for High Purity Alumina , estimated to corner a share of 61.1% in 2020. The region’s volume consumption is also anticipated to register the fastest 2020-2026 CAGR of 11.7% and reach a projected 64.4 thousand tons by 2026. W...

Demand for Automotive Applications to Lead Growth for Industrial Coatings Market to Reach $108 billion by 2026 – Industry Experts Inc Market Report (2017-2026)

Image
Industry Experts, Inc. released an updated 2021 version of the report " Industrial Coatings – A Global Market Overview ". As per the new report, Asia-Pacific is the largest global market for Industrial Coatings, estimated to account for a share of 46.4% in 2020, which is also expected to maintain the fastest 2020-2026 CAGR of 4.6%. The Industrial Coatings market posted a decline of about 3% between 2019 and 2020 and is now expected to be on the track to recovery, provided the second wave of the pandemic is brought under control as soon as possible. Europe, North America and South America have been the regions to have suffered the maximum brunt of decreases in demand for Industrial Coatings and recoveries are likely to be on the slower side over the coming few years. Asia-Pacific has been the outlier in this regard, as can be evinced from the region's overall low decrease between 2019 and 2020, the primary factor for which has been China that has maintained positive growt...

ASF and COVID-19 have Negatively Impacted the Global Demand for Amino Acids during 2019-2020

Image
Industry Experts, Inc published an updated and comprehensive report on Amino Acids. This new 2021 edition of market research report entitled " Global Amino Acids Market – Products and Applications " reveals that the Asia-Pacific market accounts for a lion’s share of global Amino Acids market with 60% in terms of volume and about 48% in terms of 48% in 2020. Over the forecast period global demand for amino acids is projected to register a healthy CAGR of 5%, manly driven by above average growth in animal feed sector and sustained growth in nutraceutical and pharmaceutical sectors. Animal feed constitutes the largest, and the fastest growing application for amino acids globally. The global volume consumption of amino acids in animal feed and nutraceutical applications is projected to grow with corresponding CAGRs of 6.1% and 5.5% respectively. Cornering an estimated share of 53.7% in 2020, the global value market for Amino Acids is the largest for Animal Feed applicatio...

Global Demand for Select Specialty Chemicals Market to Exceed $1 Trillion by 2026 - Market Research Report (2020-2026) by Industry Experts, Inc.

Image
Industry Experts released an updated 2021 version of the report " Select Specialty Chemicals Applications – A Global End-Use Industry Analysis ". This new version of market research report reveals that Asia-Pacific is expected to witness the fastest growth during the 2020-2026 analysis period, owing to the robust growth in Engineering Thermoplastics, Nutraceutical Ingredients and Electronic Chemicals growing by over 7% CAGR. The region also withstands pandemic impact with a positive growth in 2020. The specialty chemicals industry constitutes a fundamental component of a number of global value chains, because of which it has a crucial role to play in achieving sustainability. This has become even more significant in the face of the COVID-19 pandemic that the world is confronting, prompting the sector to invest heavily in stimulus packages. Accounting for a share of 44.2% in 2020, Cereals & Grains consume the largest quantity of Agrochemicals worldwide, the demand for w...

Global Feed Amino Acids Industry | ASF and COVID-19 Impact - Market Analysis by Industry Experts, Inc

Image
Industry Experts, Inc. released an updated 2021 version of the market research report " Feed Amino Acids – A Global Market Overview ". The new version of the report reveals that Impact of COVID-19 pandemic on feed amino acids volume demand was evident across all regions during 2019-2020 period with Europe growing only by 2.5% year-over-year (YOY), North America with 3% YOY growth in 2020 while Asia-Pacific is the only exception witnessing a considerable YOY growth. Amid the impact of African Swine Fever (ASF) in Asia-Pacific region, demand for feed amino acids was sluggish in 2019, where demand in Asia-Pacific region was flat with a YOY growth of just 0.9%. A new wave of ASF outbreak in Europe coupled with global COVID-19 pandemic have impacted the global demand for feed amino acids with a moderate growth confined at 3.9% YOY by volume and just 1.7% YOY by value in 2020. Poultry feed constitutes the largest consumer of feed amino acids globally with 2020 consumption volume...

Agrochemicals and Paints & Coatings Leads the Specialty Chemicals Demand - Market Research Report (2020-2026)

Image
Industry Experts, Inc. released an updated 2021 version of the market research report on Specialty Chemicals. As per the new report, the market for Agrochemicals is estimated the largest amongst all other chemical types in 2020 accounting for a share of 22% closely followed by Paints & Coatings. The evolutionary nature of the Specialty Chemicals business has meant that the traditionally dominant regions of North America, Europe and Japan have made way for fast growth in emerging Asian, South American and Middle Eastern & African economies. Asia-Pacific, in fact, is estimated as the largest, as also the fastest growing, global market for Specialty Chemicals . This growth can be attributed to rapid industrialization, improved standards of living in several developing regions, discernible shift in the global chemical industry’s center of gravity towards the Middle East due to the abundant availability of cheap petrochemical feedstocks and Asian markets offering cheap labor couple...

COVID-19 Impact on Omega-3 PUFAs Market was Moderate to Nil Across the Globe and Demand is projected to Reach 200k Metric Tons by 2026

Image
Industry Experts, Inc. published an updated 2021 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 " reveals that Omega-3 supplements, prescription drugs, and infant nutritional products saw significantly increased sales in March-April timeframe across majority of the regions, particularly in North America, Europe, Japan, and South Korea, attributed to consumer stockpiling. Much of these sales were online and this trend has been continued throughout the year. COVID-19 Pandemic effect on the global Omega-3 ingredients market varied materially by country and end-use applications, depending on the timing of the outbreak and consumer behavior. Overall, the impact of coronavirus on global Omega-3 was moderate in 2020 and expected to recover significantly in 2021. Omega-3s demand in animal/pet nutrition applications was least impacted by the pandemic, as these ingredients...

Demand for Vacuum Insulated Panels (VIPs) Dropped Sharply in 2020 and Expected to Rebound Significantly in 2021 - Market Report by Industry Experts, Inc.

Image
Industry Experts, Inc. released an updated 2021 version of the market research report " Vacuum Insulation Panels (VIPs) – A Global Market Overview ". As per the new report, VIPs demand in cold chain logistics is projected to post the robust growth in 2021, particularly due to COVID-19 Pandemic, as the pharmaceutical products need the sophisticated thermal packaging. The market development of VIPs has been largely impacted by the evolution in regulations set for energy efficiency in buildings, refrigerators, hot water storage systems and automobiles. Refrigeration manufacturers are increasingly employing VIPs for achieving optimum energy efficiency. Cold chain logistics for pharmaceutical products is also under intense regulatory scrutiny, which has increased the need for reliable and high performance thermal packaging, which has boosted the market for VIPs. The impact of COVID-19 pandemic on vacuum insulation panels (VIPs) demand is expected to differ in intensity dependin...

Global Biosimilars Market Projected to Witness a Robust Growth and Reach $71.8 Billion by 2026 - Market Report (2020-2026) by Industry Experts, Inc

Image
Industry Experts, Inc. published the new 2021 version of its global market report on Biosimilars. The new version of the report entitled " Global Biosimilars Market – Products, Applications and Regulations " reveals that the global market for Biosimilars application in Oncology therapeutics is the largest in 2020 closely followed by Autoimmune Disorders. Due to the COVID-19 Pandemic, telehealth and tele-detailing (also called remoter detailing or web calls) have set forth that allow a biosimilars companies' commercialization branch to have a wide range with less few reps. Also, the fluidity of the labor market is another new dynamic allowing for a greater diversity of commercialization build-out models. These new dynamics greatly change how companies should be building models of commercialization that also has vast implications for potential BD partnerships. The solution to 'build versus buy' is no longer driven by the size, scale, and cost of a sales force leadi...