Posts

Showing posts with the label covid-19 impact

According to Industry Experts, Inc. Market Report Demand from Detergents and Building & Construction Bolsters Global Zeolites Market to Reach $16 Billion by 2027

Image
Industry Experts, Inc. Unveiled an updated 2022 version of the global market research report on Zeolites. The new version 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 2022-2027 CAGR of 8.8% in reaching a projected US$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. These materials are widely used as builders in detergents as fluid catalytic cracking (FCC) catalysts in the petroleum industry and as adsorbents/desiccants in the construction, natu...

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...

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...

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...

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

Image
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 ...

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

Image
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.

Image
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, ...