Increasing Demand In The Global Hearing Aid Market Outlook: Ken Research

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The market of the hearing aid across the globe at the increasing stage. The worldwide Aid Industry revenue has augmented at an effective CAGR during the review period. Based on the Global Hearing Aid Market, the market of hearing aid is progressively surging with the more number of hearing loss victims, increasing personal disposable income, effective rise in the requirement for the artificial intelligence and design modification in the devices. The consumers in the market are observing for well-being, convenience and customization at an economical cost. The consumers are extremely price sensitive with the lower and high bargaining power with the respect of several regions.

Additionally, the worldwide Hearing Aid market is being registered by the Hearing Aid devices owing to a reasonable price variety and no surgical demands. Mild to unadorned hearing loss victims are the hearing aid devices operators. However, the unadorned to profound may call for implantation surgery. Intensification in hearing loss population and increasing attention towards the devices which are not noticeable has led to an augment in the sales of personalized hearing aid devices.

According to the Global Hearing Aid Industry, the market of hearing aid is sectored into type of distribution channel, region, hearing aid devices type, ear type of devices, canal type of devices, region, hearing implants type, and several others. On the basis of region, the foremost revenue share of hearing aid market is controlled by Americas owing to the buying power of people to expend on hearing aid devices. This makes the implementation of hearing aids calmer. Europe controls the second uppermost market share, followed by Asia- Pacific and then Middle-East and Africa. APAC and Middle-East and Africa are predicted to increase in coming years.

Whereas, based on the hearing aid devices type, during the recent past years, the Global Hearing Aid market was registered by Ear segment. Individual desire to indicate amongst rate, comfort, quality and style of hearing aid device according to the commendations provided by their audiologists. By Canal has registered second highest revenue share as the devices are personalized and are obtainable at higher prices.

Although, the sector of distribution channel includes, Audiology and ENT clinics registered the Hearing Aid market and underwritten a main share in terms of introducing revenues during the recent past years. Audiology and ENT clinics are the maximum desirable distribution channel as audiologists deliver the subscriptions and provide the recommendations according to the variety of the hearing loss. Hospitals registered the second highest revenue share, whereas Pharmacies dominated a mere revenue share in the recent past years.

Nonetheless, the requirement for the hearing aids will be further increased with the growth in the Hearing Loss patients. Moreover, growing reimbursement policies, augmenting the number of hearing aid dispensers and artificial intelligence can become foremost growth drivers in the coming years. The market is anticipated to increase in APAC and Middle-East and Africa region owing to the sophisticated untapped user base. Therefore, the market of the hearing aid will increase around the globe more significantly in the coming years.

For more information, refer to below link:

Hearing Aid Market Research Report

Related Reports

Wireless Hearing Aid Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Canal Hearing Aids Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Rise in Electrical & Electronics Industry Expected to Drive World Powder Coating Market over the Forecast Period: Ken Research

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Powder coating is a type of coatings based on polymer resin systems. Powder coating is combined with pigments, leveling agents, flow modifiers, curatives, and other additives. It is made without organic solvents & thus, does not release volatile organic compounds or VOCs in the atmosphere during application. It is used in various automobile applications such as mufflers, door handles, primers, bumpers, engine parts, shock absorbers, windshield wipers and other parts. The key benefits are included improved efficiency, impact resistance, durability, Ultra Violet (UV) ray protection, cost-effectiveness and moisture & chemical resistance.

According to study, “World Powder Coating Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world powder coating market are The Sherwin-Williams Company, RPM International Inc. (TCI Powder Coatings), Protech Powder Coatings Inc., ShawCor Ltd., United Coatings Industries, Sak Coat, PPG Industries Inc., Masco, Akzonobel (RohmandHaas) N.V, Axalta/Dupont Coating Systems LLC, Midwest Industrial Coatings (MICI), TIGER Drylac, The Valspar Corporation, Trimite Powders, Nortek Powder Coating, Erie Powder Coatings, Berger Paints India Limited, IFS Coatings, 3M, American Powder Coatings, Allnex, Alpha Coating Technologies, Prismatic Powders, Asian Paints PPG Pvt Limited, Vogel Paint, Hentzen Coatings, Forrest Technical Coatings, Spraylat Corp., Marpol Private Limited, Durolac Paints, Inc., Whitford Corp., BASF SE, Cardinal Paint, Jotun A/S, Maharani Paints Pvt. Ltd., Somar Corporation, Kansai Paint Company Limited, Titan Paints & Chemicals Ltd., Tulip Paints, Rapid Engineering Co. Pvt. Ltd., IGP Pulvertechnik AG, Nippon Paint Holdings Co. Ltd., National Paints Factories Co. Ltd.

Based on product type, powder coating market is segmented into thermoset powder coating and thermoplastic powder coating. Based on resin type, market is segmented into polyester, acrylic, epoxy, epoxy-polyester hybrid, Polyvinyl chloride (PVC), polyolefin, nylon and Polyvinylidene Fluoride (PVDF). Based on substrate, market is segmented into metallic and non-metallic. Based on coating methods, market is segmented into electrostatic spray coating, electrostatic fluidized bed process, fluidized bed coating, and flame spraying. In addition, based on application, market is segmented into automotive & transportation, appliances, architecture & furniture, construction equipment, consumer goods, and others.

The powder coating market is driven by high product quality as compared to liquid coatings, followed by environmental compliance, growth in various end-use industries, stringent government regulations, increase in demand for domestic appliances including freezer cabinet, washing machine & microwave oven and rise in technological advancements. However, high initial investment, certain problems associated with the product for instance difficulty to produce thin film coatings, and lack of suitability on glass & fiberboard substrate may impact the market. Moreover, increase in use of powder coating in automotive industry, fluorine resin powder coating, emerge in applications in shipbuilding & pipeline industries and emergence of new application methods are key opportunities for market.

Based on geography, China country holds major share in powder coating market owing to rise in electrical & electronics industry with improved spending on consumer electronics, expand in automotive & construction industries in developing countries and growth in digitalization in the country. The EU and USA are expected to witness higher growth rate due to rise in demand for VOC free coatings in automotive industry because of increase in regulations by the regulatory agencies to reduce VOC emissions over the forecast period.

To know more, click on the link below:-

World Powder Coating Market Research Report

Related Reports:-

Global Powder and Liquid Coatings Industry Market Research Report

World Antimicrobial Coatings (Antimicrobial Powder Coatings and Surface Modification & Coatings) Market Research Report 2024 (covering USA, Europe, China, Japan, India, South East Asia and etc)

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Ankur Gupta, Head Marketing & Communications

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Best B2B Service Providers in Indonesia | Market Research Firms in Indonesia: Ken Research

The industrial lubricants market in Indonesia has observed the foremost growth due to the efficient growth of the manufacturing segment, augmentin a number of domestic and international players in the market, increasing the FDI projects and investment in manufacturing and several other end-user segments and a proficient increase in the imports of crude oil in the region. Based on the Market Research Companies in Indonesia states that the size of the market is observed by the volume a five years CAGR of close to 6% during the forecast duration owing to the amalgamated effect of such aspects In the present time, the market is positioned in the growth stage, and the industry is accomplishing the required expectations of every end-user industry majorly by importing the base oil from the foreign regions and domestically introducing the industrial lubricants in the region.

Additionally, the antagonism in the Indonesia Industrial Lubricants is determined in nature with the two foremost players such as Pertamina and Shell majorly accounting the market, both, in terms of volume and value of industrial lubricant, traded in the region. The foremost parameters based on which the players in the market contend with each other are product rate, product quality, after the sale services, marketing strategies and policies, product variety, distribution connection, terms and mode of payment.

Dependent on the Best B2B Services Providers in Indonesia, the type of industrial lubricant, hydraulic oils recognized itself as the market frontrunner in the Indonesia industrial lubricants market in recent past years. The outstanding volume shares were apprehended by several other lubricant varieties involving industrial greases, metalworking fluids, gear oil, turbine oils, and compressor oils correspondingly in the recent past years.

The Hydraulic oils sector produced the maximum sales in the recent past years, owing to the growing requirement from the multiple end-users in the industry namely mining, construction, power generation due to the effective increase in the number of projects commissioned/initiated by corporate in these segments during the review period.

Not only has this, on the basis of market research companies in Indonesia, but there also are some of the foremost companies are Pertamina, Shell, Castrol, Exxon Mobil, Total, Idemitsu, Pacific Lubritama, Fuchs, Chevron, and others. The players have been exceedingly competitive in terms the of product amounts, circulation network, quality of products and term of payment obtainable to the end-user industries in the market. The mainstream of the industrial lubricant sales is experiential in Kalimantan, Sulawesi, Papua, Sumatra, and Jakarta. Key players in Indonesia obtain their raw material namely base oil by importing them from several other regions involving Malaysia, Saudi Arabia & Singapore, and several others. Moreover, it is anticipated that the GDP generated from the manufacturing segment in Indonesia is bound to augment in the reviewed period due to the growing consumption/requirement among the country’s populace. Therefore, market research companies in Indonesia will increase more positively over the coming years.

Key Topics Covered:

Market Research Companies in Indonesia

Best B2B Service Providers in Indonesia

Indonesia B2B Market Research Reports

Market Research Firms in Indonesia

Market Research industry Indonesia

Increasing Trends In The India Pre Owned Premium Car Market Outlook: Ken Research

The premium used car market in India is on the continuous increase dominating the robust growth in the last few years. The foremost cause for this double digit growth has been enlargement of the fresh car sales, inauguration of the fresh models/variants/colors/personalization, decrease in the average ticket size, establishment of the fresh sales channels and several others. Requirement enlarged principally due to the increase in the number of HNI’s & per capita disposable income. Shift in the mindset of the domestic populace for favoring utilized cars over fresh cars simplified the movement. Moreover, in 2017, the sales volume and GTV produced from premium used car sales observed foremost reduction in the growth rate due to the implication of the GST and demonetization. All the cities observed cash crunch particularly Surat, NCR, Mumbai and Bangalore.

According to the report analysis, ‘India Pre Owned Premium Car Market Outlook to 2023 – Growth Propelled by Traction from Digital Platforms, Surge in Certified Dealership, Decline in Average Car Price and Faster Launch of New Models’ states that in the India Pre Owned Premium Car market, there are numerous key players which presently functioning more positively for leading the fastest market growth and dominating the high value of market share during the forecasted period while effectively determining the specifications of the used cars, effectively analyzing the price, increase the applications of the used cars and studying the competitors profile, key strategy and several other things includes BMW, Mercedes Benz, Audi, JLR, BBT, Cars 24, Cartrade and several others.

Moreover, based on the car brands, the Mercedes Benz is the principal premium used car seller. It has uppermost number of used car sales passages. BMW has average foremost ownership duration of around 3-4 years and is widespread in West, Central and South India. For Audi Q5, A7, A8, R8, RS7, RS5, A5 are maximum prevalent brand and has lowest ownership duration for fresh cars. Noteworthy deterioration was accounted for original car sales which has destructively squeezed the requirement for used car sales. JLR is comparatively new player in the Indian market but is debauched attaining popularity.

However, on the basis of region, the Northern India with Delhi NCR, Ludhiana, Chandigarh, Dehradun, Karnal, Indore, Lucknow and Mohali are the principal requirement pockets. In 2018, India had more than three hundred thousand HNWI’s. Southern cities principally Bangalore, Hyderabad and Chennai had the uppermost requirement in the economy. Bangalore has presented the uppermost growth potential. Other foremost regions include Kochi, Chennai, Coimbatore, Hyderabad, Vijayawada, Mangalore, Calicut, Trivandrum, and Madurai. Great concentration of foreign reimbursed executives is foremost target consumers.

In India the forthcoming for premium used car looks convincing and reproducing of customer predilection from the western regions is predicted. Leasing of cars and lower ownership duration are anticipated to have positive impression on requirement as the quality products will be obtainable at inexpensive value. Audi’s market share has deteriorated substantially is anticipated to attain some market. Fresh contestants in the electric car sectors and employment of Bharat-VI norms may reason many prevailing car owner to sell their cars affecting weakening in the average ticket size. Therefore, in the coming years, it is anticipated that the market of India Pre Owned Premium car will increase more significantly over the coming years.

Key Target Audience:-

Online Auto Listing Websites

Premium Car Companies

NBFCs, Insurance Companies and Banks

Used Car Dealers

New Market Entrants

Time Period Captured in the Report:-

Historical Period: 2013- 2018

Forecast Period: 2019 – 2023

Companies:-

BMW

Mercedes Benz

Audi

JLR

BBT

Cars 24

Cartrade

Key Topics Covered:-

India Pre Owned Premium Car Market

India Pre Owned Used Car Market

India Used Car Market

India Pre Owned Premium Car Market Major Players

India Used Car Market Sale By Dealership

Audi Car Market Sales By Dealership India

Second Hand Luxury Cars Market India

Luxury Ride Preowned Premium Cars India

Sales Of Big Boy Toyz Used Car Market India

Star Carz Premium Car Sales Market India

Used Car Finance By Audi India

Resale Value Analysis Of Used Car India

For more information on the research report, refer to below link:-

India Pre Owned Premium Car Market

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Indonesia Used Car Market Outlook to 2023 - Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales

UAE Used Car and Auto Classified Market Outlook to 2022 - By Revenue Streams (Commission, Paid Listings, Banner Advertisement), By Export and Domestic Sales

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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Developed Insights Of The Global Smart Manufacturing Market Outlook: Ken Research

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The increasing requirement for the knowledge-based manufacturing and linked supply chains, which are attained with the developed control, sensing, simulations abilities, modeling, and several others are fueling the growth of the smart manufacturing market. Additionally, the smart manufacturing market is estimated to enlarge at a compound annual growth rate (CAGR) of 15.75% during the 2018-2023 periods. The requirement for the data-driven decision making, intense price competition, and streamlining of manufacturing developments for higher productivity are the key fostering forces of this market. Therefore, the players in the industry are actively looking for methods to deduct the price and generate the manufacturing agile, efficient, accelerated and compliant with customer product quality. The smart manufacturing not only fulfills such requirements but also offers additional advantages name as real-time optimization and dynamic production, in turn booming the requirement for smart manufacturing at a speedy rate.

Furthermore, the requirement for the development and modernization of the legacy control systems has become necessary to compete at an international standard, which has also boom up the efforts for the digitations and IT & OT convergence. As a result, the digital plants and developed manufacturing technologies are set to develop the factories, production centers, corporate, and entire value chains, thereby fueling the fourth industrial revolution.

According to the report analysis, ‘Industry 4.0: Global Smart Manufacturing Market (2018 - 2023)’ states that in the global smart manufacturing market, there are numerous key players which are presently functioning more positively for leading the fastest market growth and dominating the high value of market share during the short a span of time and more positively while employing the skilled workers, setting more developed and advanced technologies, investing the handsome value in the several developments and establishing more research and development programs includes KUKA, ABB Ltd, Cisco Systems, Inc., IBM Security, The Raytheon Company, Stratasys, Ltd., The Emerson Electric Co., Alpine Data Labs, SAP SE, Maersk and several others.

Additionally, based on the end-user, the highest implementation of smart manufacturing is likely in the aerospace sector, which will increase at a CAGR of 25% during the calculated period. This is driven by the augmented production of advanced aircraft, such as the Boeing 787 and Airbus A350. Improved usage of the robots in the industrial control mechanisms will fuel the automotive and industrial equipment end users sector, at CAGRs of 15.6% and 11.2% respectively, during the 2018-2023 period. The chemicals and materials, food and agriculture, and healthcare segmented are also approximately of the auspicious areas for the employment of smart manufacturing technologies.

Although, based on the regional analysis, North America is the foremost region to do innovation in the smart manufacturing market and occupied almost 27% of the global market in 2017. Massive reserves in the smart manufacturing technologies, tax subsidies for manufacturers, and originations in robotics have propelled the growth of the smart manufacturing market in the country. The Asia-Pacific, experiencing high industrialization, engaged a 25% share in 2017. The Latin America and the Middle East and Africa markets though, still at promising stages, are undergoing decent growth. Hence, in the near years, it is anticipated that the entire market of smart manufacturing will increase around the globe more significantly over the forecasted period.

Companies covered:-

KUKA

ABB Ltd

Cisco Systems, Inc.

IBM Security

The Raytheon Company

Stratasys, Ltd.

The Emerson Electric Co

Alpine Data Labs

SAP SE

Maersk

To Know More, Click On The Link Below:-

Global Smart Manufacturing Market Report

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Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Increasing Advancements In The Global Cybersecurity Market Outlook: Ken Research

According to the report analysis, ‘Global Cybersecurity Market (2017-2022)’ states that in the cybersecurity market, there are several key players which recently performing more positively for leading the fastest market growth and dominating the high value of market share around the globe throughout the short span of time in the coming years while decreasing the issues on the privacy, reducing the price of cybersecurity product, studying the government regulations and delivering the information to the users includes Symantec Corporation, Check Point Technology Ltd., Palo Alto Networks, Fortinet, FireEye, Trend Micro Inc., Proofpoint Corp., KPMG, IBM Corp., and several others.

The cybersecurity also denotes to as Information Technology (IT) security, accentuate on protecting the computers, programs, connections and data form the unlicensed or spontaneous access. As the cyber frauds have attained importance, privacy solutions have proceeded as well. Aspects namely effective increase in the malware and phishing frauds, and increment in the implementation of IoT and BYOD trend among the organizations, are fueling the cyber security industry growth.

Furthermore, the effective growth in the requirement for cloud-based cyber security solutions is also one of the foremost aspects propelling the market growth. Whereas, the constant demand to conform to cyber security industry standards, guidelines and difficulties of device security are few of the foremost aspects restricting the market growth. In addition, the cyber security functions are now being prioritized and aligned to strategic business functions to decrease the brokerage of IT sources, which deliver the foremost opportunity for the market growth. Also effective growth in the requirement for durable authentication methods is also estimated to deliver the worthwhile choices for the market.

In addition, the global cybersecurity market is estimated to observe the high implementation, owing to speedy digitalization, developed spending on information security, and the arrival of 5G. Numerous industrial and commercial segments are accepting the cybersecurity solutions to protect their data. The market is predicted to enlarge at a compound annual growth rate (CAGR) of 11.6% during the forecasted period of 2017 to 2022.

Based on the end use, the financial services industry is the principal customer of the cybersecurity solutions, with a global share of 39% in 2017. With the digitalization of financial services, cyberattacks endure to impend data privacy and consume loyalty. Improvements in the machine learning and analytics permit the financial organizations to perceivethe irregularities in transaction of data, and take essential corrective actions. Segment such as government, telecommunications, and healthcare inhabit 20%, 16%, and 15% of the market, respectively, in 2017. Extraordinary growth is predicted in the defense segment during the forecast period owing to the increasing usage of the Internet of Things (IoT) to link aircraft, ground vehicles, ships, and weapons systems.

In addition, the large vendors in the global cybersecurity market are presently investing the effective amount of money to decrease the price of the product, increase the efforts to deliver the better privacy and security. Therefore, in the coming years, it is expected that the cybersecurity will increase around the globe over the near years.

For more information, refer to below link:

Global Cybersecurity Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Landscape of the Latin America Surgical Stapler Market Outlook: Ken Research

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Like suturing, the surgical stapling is often used as an alternate to the traditional methods whereas, it is technological advancement in the medical wound closure techniques. The enormous use of the surgical staplers not only accelerates the closure process but also decreases the post procedural complexities such as decreases the hospital stays, bleeding and many more.

Additionally, in the many regions across the Latin America are observing epidemiologic and nutrition transitions. The epidemiologic transition is classified by the movement from the extraordinary infectious diseases and mortality to grow of non-communicable syndromes. The nutrition transition is owing to a movement from wide commonness of the malnutrition to numerousness of diet-related non-communicable syndromes such as obesity. The Obesity grows the probability of having the heart difficulties owing to increase in the cholesterol level and several others, thereby increasing the possibility of demanding the cardiac surgeries as well as bariatric surgeries for the stomach fat deduction.

Not only has this, AON broadcasted in 2016 a deal to attain Admix to generate its position in the increasing private health insurance market in the economy. All such aspects are fueling the growth to the surgical staplers market across the economy. According to the report analysis, ‘Latin America Surgical Staplers Market (2018-2023)’ states that in the Latin America surgical staplers market, there are several key players which recently happening more actively for leading the fastest market growth and registering the handsome value of market share during the reviewed period while adopting the profit making strategies, studying and analyzing the government regulations, developing the productivity of the product and delivering the better consumer satisfaction includes  Johnson & Johnson, B Braun, 3M, Dextera Surgical, Intuitive Surgical, Medtronic, Grena Ltd., and several others.

Additionally, the Latin America surgical staplers market is predicted to increase at a handsome CAGR of 6.70%, leading to a revenue of USD 0.21 Bn by 2023. For instance, the Latin American regions manage the high tariffs on some medical products, generating the difficulties for medical devices exporters from other economies. This might challenge the import and utilize of surgical staplers produced by big U.S. companies such as Ethicon. Furthermore, owing to the region’s great unemployment rate, several recipients opted out of the private health insurance segment in between 2014 to 2016 to eradicate the payment of premium. Also, to cut down on expenditures, corporates in Brazil are uninterruptedly substituting their employees' health insurance schedules with the inexpensive coverage plans. This might lead individual to opt for lower number of surgeries, and that would restrict the implementation surgical staplers.

Although, along the augmented globalisation, life expectation is sophisticated in Latin America, and with that, the weight of non-communicable diseases like hypertension, diabetes, cancer, and obesity has grown as well. Also, ageing of the overall populace in Latin America will lead the increment to the age-related problems like weak bones, heart problems, and several others. These factors will lead to an augment in the number of surgeries in the economy more significantly. Therefore, in the near years, it is anticipated that the market of surgical staplers will increase around the globe over the coming decades.

For more information, click on the link below:

Latin America Surgical Staplers Market

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Ankur Gupta, Head Marketing & Communications

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Growth in Demand from Lubricant & Automotive Industries Expected to Drive World Maleic Anhydride Market over the Forecast Period: Ken Research

Maleic anhydride is an organic compound with formula C2H2 (CO) 2O. It is an acid anhydride of maleic acid. It is a white or colorless solid with an acrid odor. It is versatile chemical intermediate, used to produce tetrahydrofuran (THF), 1,4-butanediol, and gamma-butyrolactone (GBL). Its molecular structure makes it an excellent crosslinking & conjunction agent. It is soluble in alcohol, acetone & ether and insoluble in carbon tetrachloride & petroleum ether. It is used as an additive in lubricants for increasing the engine’s performance & efficiency by protecting it from scaling & corrosion. It is also used as a corrosion inhibitor in gasoline and as a dispersant in crank oil.

According to study, “World Maleic Anhydride Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world maleic anhydride market are Huntsman Corporation, Polynt Group, Sasol-Huntsman, Thirumalai Chemicals Ltd., Lanxee AG, Yongsan Chemicals Inc., Flint Hills Resources, DSM, BASF SE, Ashland Inc., Bartek Ingredients Inc., Changzhou Yabang Chemical Co. Ltd., Bluestar Harbin Petrochemical Corp., Compania Espanola De Petroleos, SA, Fuso Chemical Co. Ltd., Mitsui Specialty Chemicals Co. Limited, Helm Chemicals, Marathon Petroleum Corp., Nan Ya Plastics Co., Mitsubishi Chemical Corporation, Nippon Shokubai Co. Ltd., Shandong Hongxin Chemicals Co. Ltd., Ningbo Jiangning Chemical, Zibo Qixiang Tengda Chemical Co., Taiyuan Qiaoyou Chemical Industrial Co. Ltd., Tianjin Bohai Chemical Industry I&E Corp.

Based on type, maleic anhydride market is segmented into molten maleic anhydride and solid maleic anhydride. Based on raw material, market is segmented into benzene and n-butane. N-butane is used in the production of maleic anhydride, synthetic rubber, ethylene, and acetic acid and its by-products. N-butane holds significant share in market owing to environment friendly nature and low production cost. Based on application, market is segmented into copolymers, alkenyl succinic anhydrides, Unsaturated Polyester Resin (UPR), additives (lubricants & oil), fumeric acid, malic acid and others. UPR is widely used as body filler for reconstruction & repair of damaged parts of vehicles. In addition, based on end-use industry, market is segmented into automotive, textile, personal care, construction, food & beverages, pharmaceuticals, agriculture and others.

The maleic anhydride market is driven by growth in demand from lubricant & automotive industries, followed by rise in demand for UPR, increase in disposable income, rise in consumer spending on personal care product and growth of end-user industries in emerging nations. However, increase in government regulations may impact the market. Moreover, upcoming plant projects & involvement of huge capital expenditure and commercialization of bio-based maleic anhydride are key opportunities for market.

Based on geography, China country holds major share in maleic anhydride market owing to growth in automotive & construction industries, low labor & transportation costs and easy availability of land & raw materials in the country. The EU and USA are expected to witness higher growth rate due to rise in oil & gas industry and increase in demand for fuel-efficient vehicles over the forecast period. The market is anticipated to grow at a CAGR of approximately 8.9% over the next five years, will reach US $3730 million in 2024, from US $2240 million in 2019.

For more information, refer to below link:-

Global Maleic Anhydride Market

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Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
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The facility management market is still relatively nascent and initial growth stage. The market of the facility management market growth was helped by the business outpouring of the multinational corporates, especially in the BPO industry, along with the aspects such as developed healthcare and growing building efficiency in some locations. The integrated facility management dissemination is cheaper owing to the preference for the individual and bundled services by the most end-users, particularly local corporates. However, as the number of MNCs rise in the respective region, the requirement IFM is also predicted to rise.

Based on the market segmentation, the soft services registered the market of the facility management in the Philippines as compared to the hard services in 2017. The improvement in the segments namely real estate, commercial and residential due to Build, Build, Build program has improved the requirement for the soft services in the Philippines country due to the growth in the requirement for cleaning and security services. However, the sector of hard services has a lower share as several organizations tend to link the equipment OEM for servicing, in case equipment demand to be fixed, or several other maintenances is demanded. The single services and bundles services underwritten more to the Facility management market and compared to the integrated facility management services Market.

The Single or bundled services are primarily desired by the local businesses in the region. The local businesses do not yet distinguish the value they can get from the IFM. Not only has this, but the multinational consumers in the Philippines also choose the IFM owing to it is more price proficient. FM corporates have been delivering the soft and hard services to the commercial complexes over the year and the effective augment in this segment have generates the wide potential for the FM corporates. This was followed by the residential segment, healthcare segment, industrial segment and infrastructure in the terms of revenue.

The Facility Management Industry is exceedingly concentrated. ISS Facility Services Phils Inc. is the market frontrunner and has the uppermost market share in the Facility Management market in the Philippines based on the revenue in 2017. This was followed by JLL (Philippines) Inc., Sodexo (On-Site Services), Atalian Global Services, Centuary Property Management Inc., Santos Knight Frank and Mansion Maintenance Company. These market players contend in the FM market in The Philippines based on the Price of services, quality and knowledge of services, track record and previous history within the industry and subdivisions serviced. Corporates are beginning to get more disturbed with the culture of inclusion within the Facility Management Company and the Corporate Social Responsibility activities commenced by them and involve that constraint too in their merchant selection procedure.

Additionally, the future viewpoint of the industry is constructive due to the increasing BPO industry in the Philippines which is anticipated to boom the requirement for both soft and hard Facility Management services. Effective rise in the demand from multinational clients is likely to effectively propel the future requirement for IFM services in the Philippines with commercial office buildings and industrial plants being the coming dissemination segments for IFM services. The growth in construction, tourism and healthcare industries in the across the globe will positively augment the requirement of FM services by these industries. Therefore, in the coming years, it is anticipated that the market of facility management will increase across the globe over the coming decades.

Key Topic Covers in the Report:-

Facility Management Services Market Revenue

Facility Management Market Growth Rate

Facility Management Market

Facility Management Industry

Facility Management Market Growth Forecast

Soft and Hard Facility Management Services Market

Facility Management Market in Healthcare