5 Key Insights on US$ 65 Bn Opportunity in Global Fire Safety Equipment Market: Ken Research

Driven by Advancements in Smart Technologies such as AI and IOT and an increase in fire safety regulations for Building and Construction, the Global Fire Safety Equipment market is forecasted to cross US$65 Bn by 2028 says Ken Research Study

The fire safety equipment market consists of equipment such as water sprinklers, smoke detector, fire extinguishers, fireproof gloves, fire dampers, exhaust windows, and more which is used to prevent a fire outbreak. The fire safety equipment finds applications for commercial, industrial, residential, and transport & logistics purposes. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

1.  The Global Fire Safety Equipment Market is forecasted to grow at a CAGR of ~7% by 2028 due to advancements in smart technologies in the fire detection segment

Global Fire Safety Equipment Market is expected to show steady growth during the forecast period, owing to recent advancements in smart technologies such as AI and IoT for fire analysis and fire detection. For instance, fire alarms are connected to the cloud and are able to notify users through mobile phones and show the best escape routes during a fire outbreak. The market is forecasted to reach ~US$ 65 Bn by 2028 from ~ US$ 45 Bn in 2022, witnessing a CAGR of ~7% during this period.

2.  The Fire Safety Equipment Market Is Showing Growth Due to An Increase in Fire Safety Norms in Schools, Housing Societies, And Construction Industries

According to National Fire Protection Association (NFPA), there have been an average of 3,840 construction fires in USA for years 2013-2017, which occurred during construction, renovation, and demolition of buildings.

• In USA, construction fires for the years 2013-2017 caused 49 civilian injuries and US$ 304 million in property damage annually.
• During the years 2014–2018, the U.S. fire departments have responded to average cases of 3,230 structural fires in schools each year, which has caused US$ 37 million in property damage.
• Fire Services Rules and National Building Code of India clearly mentioned that there should be minimum fire safety equipment in schools, high-rise buildings, and shopping complexes to deal with possible fire outbreaks, as well as an exit plan, must be pre-defined.

3.  Corrosion In Fire Suppression System Is The Major Challenge Faced By The Fire Safety Equipment Market

Corrosion in the Fire suppression system is the major challenge for the global fire safety equipment market.

• According to the National Fire Protection Association (NFPA), 73% of dry systems have corrosion issues (a dry system is a sprinkler system in which water is released with help of air thus ensuring that water doesn’t freeze in the system).
• To deal with the corrosion problem in dry systems companies are now offering systems with 98% nitrogen gas over Compressed air and use black steel over galvanized which will increase the life expectancy of dry sprinkler systems up to 5.3 times.

4.  Passive Fire Protection System in Technology Segment Is Likely To Dominate the Fire Safety Equipment Market During the Forecast Period

The passive fire protection system holds the largest market share during the forecast period, due to its ability of passive fire protection system to slow down or prevent fire and smoke from spreading from one room to another. Several accidental cases were recorded due to the spreading of carbon monoxide smoke during a fire.

• According to the Centers for Disease Control and Prevention (CDC) National Center for Health Statistics shows that 399 people died of unintentional non-fire carbon monoxide poisoning in 2017.
• In 2016, local fire departments of the US responded to an estimated 79,600 carbon monoxide incidents.

5.  North America Region Dominated the Fire Safety Equipment Market in 2021

North America accounted for the largest market share in 2021, due to its strict rules regarding fire safety and continuous structural developments.

The US alone accounts for the 3,761 fire safety equipment companies which include manufacturers, installers, distributors, integrators, and consultants for the US as well as global market.

For More Information, refer to below link:-

Global Fire Safety Equipment Market Demand

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Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

With more than 1000 Competitors, The Fire Safety Equipment Market Is Very Strenuous For New Players To Make A Mark In The Market Says Report: Ken Research

Fire Safety Equipment is used to deal with fire outbreaks which mainly includes products such as fire detectors, fire alarms, fireproof gears, extinguishers, sprinklers, fire exits windows, exhausts, and more. The variety of products in fire safety equipment leads to different services provided by the companies from installations, replacements, system inspection, and maintenance for commercial, industrial, residential, transport, and logistics purposes. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1.  Although the Fire Safety Equipment Market Has More Than 1000 Companies Around the Globe, Still Less Than 5% Of Companies Are Able to Create a Strong Global Presence

Competitive Analysis by the Ken Research Study found that the Global Fire Safety Equipment Market is highly competitive in nature with more than 1000 players, which include globally diversified players, regional players as well as a large number of country-niche players having their niche in the Fire Safety Equipment market for specific segments and sub-segments. The global players accounted for the largest market share at ~40 % with regional players holding the second largest position at ~35%. Although there are around 60% of country niche players, still they are only able to control one-fourth of the market share.

2.  The Rapid Advancements Of AI And IoT in The Fire Safety Equipment Market Are Creating New Opportunities For Companies To Penetrate The Market Effectively

Detailed comparative analysis of key competitors available within the Research Study shows that specialist players such as Robert Bosch GmbH, Eaton Corp., Inc., Gentex Corp., Space Age Electronics, Halma plc, Siemens Building Technologies, Hochiki Corp., Nittan Company, Ltd. and more are providing smart fire safety equipment for various application purposes from commercial, industrial, residential as well as in transport and logistics. The smart fire safety equipment is capable of setting up a connection with all surrounding devices to perform efficiently during a possible fire outbreak.

• Siemens Building Technology has a special Smart Fire detection system called “Sinteso” that is capable of converting signals such as smoke density and temperature into mathematical values, which will make the detection of fire extremely fast as compared to traditional fire detection devices.
• In May 2022, Robert Bosch GmbH launched the Smoke detector II series which is a smart Fire safety equipment that sends the notification of smoke detection directly to the user’s mobile phones and notifies the quickest and safest escape routes.

3.  The Ease of Lockdowns and Reopening of Businesses is Creating New Opportunities for The Fire Safety Equipment Market

During the COVID-19 pandemic, the global fire safety equipment market was severely affected due to disruption in the supply chain as transport was completely shut down as per government norms for lockdown.

• However, with the uplifting of lockdowns and reopening of offices, businesses, schools, and colleges the fire safety equipment market is expected to show some growth as these buildings have been closed for months.
• Thus, a detailed inspection of the fire safety systems must be performed prior to reoccupying them as well as changing the faulty fire systems with new advanced systems, and providing complete training to the employees regarding fire safety systems and efficient evacuation during possible fire outbreaks as they have spent longer time away from the establishments.

Increased Government Initiatives in the Fire Safety Equipment Market are creating new opportunities for the Companies in the Market

• In June 2017, Wales became the first country in the world to establish fire suppression water sprinklers in all households, although the decision is said to be cost ineffective, it holds significant importance due to the infamous incident of the Grenfell Tower fire in London which led to the death toll close to 80 People.
• United States Fire Administration (FEMA) provides a fire relief fund called FEMA grant which is available for pre-and post-emergency during disaster-related projects. These funds will help survivors to support critical recovery initiatives, innovative research, and many other programs. Grants are the principal funding used by FEMA for a specific state, local, tribal areas, territories, and more.

For More Information, refer to below link:-

Global Fire Safety Equipment Manufacturers

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Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

5 Key Insights on US$ 7 Billion Opportunity in Global Grease Market: Ken Research

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Driven by the Surging Automotive and Transport Industry, Rising Demand for Electric vehicles, and Increasing Use of Grease in Multiple Industries. The Global Grease is forecasted at approximately US$ 7 Bn by 2028 says Ken Research Study.

Grease is a solid or semisolid liquid lubrication. Lubricating grease consists of 65 to 95% base oil, 3 to 30% thickener, and 0 to 10% additives. The main function of grease is to provide lubrication without leaking and contacting the material. The functional properties of grease include better performance than oil, solid sealant, prevents leakage, and uncontrollable fluid level. Grease is used in multiple industries such as automotive and transport, chemical, food processing, wind generation, heavy equipment, steel, mining, general manufacturing, and others.

According to Ken Research estimates, the Global Grease Market – which grew from approximately US$4 Billion in 2017 to approximately US$5 Billion in 2022 – is forecasted to grow further into approximately US$7 Billion opportunity by 2028. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

1. Rapid Growth in Manufacturing, Automotive and Construction Sectors drives the Global Grease Market.

The Global Grease Market is expected to witness significant growth during the forecast period, due to the increasing industrial, automotive and construction sectors in the Asia Pacific region. Some of the major countries in the region include China, India, Indonesia, Thailand, and Singapore. The manufacturing, automotive, food and beverages, and construction industries are rising in the Asia Pacific region. For instance, in September 2021, the Indian government approved a PLI scheme worth US$3.53 billion for the auto industry and drone industry to boost India’s manufacturing standings. Thus, advancements in the manufacturing industry is likely to have a positive impact on the growth of the grease market.

2. Usage of Non-Soap Thickener in Automotive and Power Generation Industry is Likely to Drive the Global Grease Market.

Increasing adoption of higher efficient grease in electric vehicles, wind power, steel mill, snatch bearing, car wheel bearings, air conditioner compressor, and water pumps are some of the major driving factors for polyurea grease under the non-soap segment.

For Instance, various competitors are launching specialist electric vehicle grease to accommodate the rising demand from the market. For instance, in June 2021, Castrol Ltd., one of the leading players in lubrication industry, announced the launch of Castrol On, a range of advanced e-fluids for improved electric vehicle performance. Castrol On advanced eGrease protects the electric motor from overheating and provides higher efficiency and long-lasting lubrication.

FUSCH one of the leading players in the grease market established a new plant in Kaiserslautern, Germany which will produce custom-made polyurea greases for e-mobility and wind power. US$15.5 million was invested in the 3 German sites in Mannheim, Keil, and Kaiserslautern.

3.       Strict Rules for over Production of Chemical in Plants, is Hampering the Growth of Grease Market.

United States have various regulatory bodies that supervise the chemical reporting, waste water discharge from facility, oil spills and hazardous substance releases and various others regulations. Section 313 of the Emergency Planning and Community Rights-to-know-Act (EPCRA) created the Toxic Release Inventory (TRI) program. Under the requirement of EPCRA, all U.S. facilities that meet TRI reporting criteria must submit TRI data to Environmental Protection Agency (EPA) and the relevant state government by 1^st July of each year. EPA investigates the cases of EPCRA non-compliances leads to civil penalties, including monetary fines.

4.  Mineral Oil Dominates the Market, Accounting for a Major Chunk of the Revenue share in 2021, and is Likely to Maintain Dominance During the Forecast Period

Mineral oil is extracted through moderate refining of base oil. Mineral oil is soluble with a wide range of additives, along with compatibility with various grease thickener systems, and has a lower cost, which is driving the growth of the mineral oil segment. According to Enerdata, an energy intelligence company, stated in a report that in 2021, the US crude oil production (17% of global output) increased by 1.3%. Increased production of crude oil is likely to propel the growth for mineral oil.

5. Asia Pacific Accounts for the Largest Market Share and is forecasted to be the Fastest Growing Region in the Global Grease Market.

Asia Pacific is expected to be the largest and fastest-growing region among others. This is because of the large presence of lubricating companies. According to the Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce mention that an investment of US$107 billon is forecasted in the Indian chemicals and petrochemicals sector by 2025, the demand for chemicals is expected to widen by 9% per annum by 2025.

Europe is expected to be the 2nd fastest growing region during the forecasted period because of its rising demand for electric vehicles arising after the COVID-19 pandemic. RAVE, a news website with emphasis on electric vehicle and wind energy, stated that in 2021 Germany has accounted for 10.2% of total EV sales, the UK has accounted for 4.8%, France has accounted for 4.7%, Norway has accounted for 2.3%, and Italy has accounted for 2.1%. Electric vehicles required dedicated lubrication for multiple usage such as lower noise, lower heat, and others. Thus, increasing sales of electric vehicles is likely to drive the grease market.

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

Global Grease Market

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com

+91-9015378249

5 Key Insights on US$ 6 Bn Opportunity in Global Chipless Radio Frequency Identification Market: Ken Research

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Driven by the need for high accuracy and cost-effective features in banking, healthcare, retail, logistic industries, and other sectors, the Global Chipless Radio Frequency Identification Market is Forecasted to reach ~US$ 6 Bn by 2028 says Ken Research Study.

A Chipless RFID is a form of RFID tag that transmits data using radiofrequency (RF) radiation. A chipless RFID tag does not contain an application-specific integrated circuit (ASIC), hence the reader performs all signal processing to read the tags. It uses conductive polymers or plastic as an alternative to integrated circuits made from silicon.

Chipless Radio Frequency Identification (RFID) is used for access controls, automatic identifications, security and surveillance, tracking, database management, logistics, and inventory control in various industries like retail, healthcare, logistics, and transport among others.

1. Specialized Needs in Industries for Access Control, Identification, Security & Tracking, and Inventory Control have Created a Demand for Chipless RFID

The major applications of Chipless RFID tags are item-level tagging, product tracking, and surveillance. These are widely utilized for high-volume secure documents, smart ticketing, anti-counterfeiting, and asset tracking in various industries like retail, logistic & transport, healthcare sector, and other sectors.

According to Ken Research estimates, the Global Chipless Radio Frequency Identification Market –valued at ~US$ 1 Bn in 2017, is estimated to reach ~US$ 2 Bn in 2022 – and is expected to showcase ~US$ 6 Bn opportunity by 2028. Ken Research shares 5 key insights on market from its latest research study.

2. High Demand for Chipless RFID from Pharma Industry, Companies Witnessed Exponential Growths

Due to the lack of vigilance by healthcare service providers, there is an increase in drug counterfeiting. As traditional RFID with barcode technology is unable to prevent counterfeiting drugs, the healthcare sector is utilizing the need for chipless RFID devices to prevent such incidents.

In April 2019, Avery Dennison Corporation, a designer and manufacturer of a wide variety of labeling and functional materials, collaborated with Kit Check, for the implementation of RFID technology for big pharma manufacturers. This collaboration helped pharmaceutical companies to build their medication labels, enabling the tracking of each product from the point of manufacture to the point of final delivery.

According to Pharmaceutical Security Institute, there were 4344 pharmaceutical crime incidents, especially counterfeiting in the year 2020, which increased to 5987 cases in 2021. By using chipless RFID tags, it now becomes easy for pharma companies to track the products and prevent counterfeiting.

3. Information Breach Causing a Slight Slowdown in the Chipless RFID Demand

Despite all of its benefits, chipless radio frequency identification has an increased risk of a data breach as it lacks a locking system or security passcode. Owing to the risk of data breaches involving the use of medications and their composition, many businesses in the healthcare and other sectors avoid using chipless RFID tags for asset tracking. These factors are expected to hamper its acceptance by end-users and consequently limit the growth of the market.

In the USA, the annual number of data compromised in 2019 was 1279 million which reached almost 1862 million in 2021.  This humongous number is a major concern for various industries in protecting their data.

4. Ultra-High Frequency Segment Observes a Wide Usage in Electronic Toll Collection and Parking Access Control

The Ultra high-frequency segment dominated the Global Chipless Radio Frequency Identification Market in 2021 and is estimated to continue being the dominant segment during the forecast period. These are widely used in electronic toll collection and parking access control for seamless flow of traffic, which contribute to the demand for ultra-high-frequency radio active identification tags.

According to the National Payments Corporation of India (NPCI), in India, toll collection in slow lanes using FASTag in January 2019 was US$ 65 Mn, and in November 2019, this figure reached US$ 98 Mn. FASTag is an e-toll collection device that uses ultra-high frequency RFID technology.

5. Advanced Pharma, Transportation, and Retail Sector helps in North America’s Dominance; the Asia Pacific shows the Fastest Growth Rate

North American companies are highly investing in moving toward implementing automated item identification systems for supply chain management to improve the efficacy of inventory allocation. Secondly, the growing demand for RFID technology in the healthcare sector is propelling the growth of the market in this region.

Asia Pacific region has a larger population and is witnessing advancements in healthcare, retail, and manufacturing sectors, along with the adoption of new technologies. Countries such as Japan, South Korea, China, India, Australia, New Zealand, and ASEAN are showing interest in the advanced/chipless RFID technology, as it is affordable and derives benefits in the long term. RFID technology is largely adopted by the healthcare industry players in Japan. China is using RFID labels in the logistics sector to improve its production network in the country. These factors boost the growth of the chipless radio frequency identification market in the Asia Pacific Region.

In April 2018, Tencent demonstrated the operation of an unmanned retail store in China, wherein the customer can easily select the product and exit the store without waiting in the billing queue. The RFID chip scans the associated product and sends the bill to the customer's WeChat pay application.

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

Global Chipless Radio Frequency Identification Market

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com

+91-9015378249

Singapore Dental Services Market, Market Segmentation, By Types of Services, By End Users, By Dental Clinics: Ken Research

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How Dental Services Market is Positioned in Singapore?

Overview

Singapore has well-equipped dental clinics offering high quality services and comprehensive dental treatment packages. Singapore Dental Services market is currently at the growth stage with rising CAGR owing to rise in independent dental clinics and also new branches of the existing clinics, personal attention and upgradation in technology.

Registration of doctors and dentists is managed by Singapore Medical Council and Singapore Dental Council. The market is expected to grow with robust CAGR over the period 2021-2026F owing to rising dental problems and the high insurance coverage across the country. The rising Dental consciousness among the Singapore population and easy accessibility to Dental Clinics is expected to contribute to the market growth over the forecast period.

Singapore Dental Services Market Segmentation

By Types of Services

Endodontics dental services have dominated the market contributing majority of share to the market against rest of the dental services.

By End Users

Dental Clinics contributed more to the market contributing majority of share in comparison to hospitals for dental services as people only prefer hospitals when there is a need for hospitalization.

By Dental Clinics

Unorganized Dental Clinics dominated the market contributing majority of share in comparison Organized Dental Clinics as unlicensed dental personnel are popular among lower-income Singaporean who can’t afford qualified practitioners.

By Revenue Division

Majority of the Dental Services market share is dominated by domestic services in comparison to international dental services for tourists.

By Cities

Serangoon, being the major contributor of this segment, registered larger market share then rest of the cities owing to higher concentration of Dental services in the area.

Competition Landscape in Singapore Dental Services Market

Singapore Dental Services market is highly fragmented market with Q&M Dental Group as the sole market leader owing to their highest number of dental clinics and no. of dentists per clinic across Singapore. Other players in the market includes Royce Dental Surgery, Advanced Dental Company, Unity Denticare, Family Dental Centre, Nuffield Dental, and more.

Companies in Dental Services Market in Singapore are competing based on Number of Dentists, Number of Dental Chairs, Average Ticket Size, Peak Hours, Booking Mode, and Major Treatments Offered.

Singapore Dental Services market Future Outlook and Projections

Dental services market is anticipated to witness significant growth over the forecast period due to the improvements in already existing services along with introduction of new improved technologies, including dental caps, dentures, and drills.

The market is expected to grow at a robust CAGR over the period 2021-2026F owing to rising dental problems and the high insurance coverage across the country.

Dental chains are expected to further grow owing to the prevalence of dental disorders and increasing number of small and private dental clinics. The rising dental consciousness among the Singapore population, along with the growing purchasing power, is expected to contribute to the market growth over the forecast period.

Key Segments Covered:-

Singapore Dental Services Market

By Types of Services

Endodontics

Cosmetic Dentistry

Prosthodontics

Orthodontics

Periodontics

Others (wisdom teeth removal, facial trauma, corrective jaw surgery and other minor surgeries)

By End Users

Dental Clinics (Organized + Unorganized)

Hospitals

By Dental Clinics

Unorganized Dental Clinics

Organized Dental Clinics

By Revenue Division

Domestic

International Tourist

By Cities

Serangoon

Bedok

Clementi

Jurong

Others (Botok, Harbour front, marine parade and remaining regions)

Key Target Audience

Dental Service Providers

Dental Equipment Distributors

Dental Equipment Manufacturers

Dental Clinics

Hospitals

Healthcare Companies

Pharmaceutical Companies

Tourism Agencies

Government Bodies & Regulating Authorities

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDAz

Time Period Captured in the Report:-

Historical Year: 2018-2021

Base Year: 2021

Forecast Period: 2021– 2026F

Companies Covered:-

Dental Services Providers

Q&M

Royce Dental Surgery

Advanced Dental Company

Unity Denticare

Family Dental Centre

Nuffield Dental

T32 Dental Group

Greenlife Dental

Toof Dental Surgeon

Healthway Singapore

Key Topics Covered in the Report

Singapore Dental Services Market Overview

Singapore Healthcare Overview

Ecosystem of Singapore Dental Services Market

Business Cycle and Genesis of Singapore Dental Services Market

End User Analysis of Singapore Dental Services Market

Consumer Journey in Singapore Dental Services Market

Consumer Pain Points in Singapore Dental Services Market

Industry Analysis of Singapore Dental Services Market

SWOT Analysis of Singapore Dental Services Market

Key Growth Drivers in Dental Service Market in Singapore

Major Challenges and Bottlenecks in Singapore Dental Services Market

Regulatory Framework in Singapore Dental Services Market

Competitive Landscape in in Singapore Dental Services Market

Market Share of Major Dental Services Providers in Singapore Dental Services Market

Detailed Analysis on Singapore Dental Services Market (Market Size and Segmentation, 2016-2021; Future Market Size and Segmentation, 2021-2026F)

Market Opportunity and Analyst Recommendations

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

Singapore Dental Services Market

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+91-9015378249

Tele-Dentistry, Technological advancement, Increased Government Initiatives for providing Health Insurance and promoting Dental Tourism are major growth factors driving the Singapore Dental Services Market: Ken Research

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Technological Advancement: Singapore Dental Services Market have undergone enormous technological improvements recently, right from improved machinery to 3D reports.​ It can improve the preventive care process.

Quality Services: Singapore Dental Services are of top-notch quality which makes it competitive with respect to other countries like Western Europe or North America which charge more but doesn’t provide premium quality services. On the other hand, Dental Services expenditures in Singapore are higher than in nearby Asian nations like India or Thailand due to the better quality of services.

Promising Government Initiatives: Government has increased expenditure to further subsidize healthcare​. The CHAS was enhanced in November 2019 with a new tier that extends coverage to all Singaporeans for chronic conditions, regardless of income.​ MediShield Life premiums are subsidized by the government on the basis of income.

Increased Awareness: Increased awareness regarding Oral Health hygiene and the desire to get perfect teeth and perfect smiles especially among the youth and women.​ To cope with this growing demand, both public and private health care providers have recently started expanding and upgrading their services throughout the country.​

Covid-19 led Functional Advancements in Dental Clinics: Singapore Dental Services Market have undergone enormous technological improvements recently. Tele-dentistry or telecommunication consultation with dentists could become one of the solutions to overcome problems related to access to dentists. Post Covid, a lot of Clinics offer partial or complete online treatment of patients.

Upcoming laser dentistry and painless treatment: The traditional dental services are overpowered by advanced dental care services, such as laser dentistry. This painless technology has gained popularity with increasing demand for laser dentistry for extraction of tooth, orthodontics, and periodontal decay.

The report “Singapore Dental Services Market Outlook to 2026F– Driven by Rising Dental Awareness, Technological Upgradation and Government’s Health Insurance Programs in Healthcare System" by Ken Research provides a comprehensive analysis of the potential of Dental Services Industry in Singapore. The rising Dental consciousness among the population, along with improved technology and Government Health Insurance and Dental Tourism Initiatives, is expected to contribute to the market growth over the forecast period. The Singapore Dental Services Market is expected to grow at a robust CAGR over the forecasted period 2021-2026F.

Key Segments Covered:-

Singapore Dental Services Market

By Types of Services

Endodontics

Cosmetic Dentistry

Prosthodontics

Orthodontics

Periodontics

Others (wisdom teeth removal, facial trauma, corrective jaw surgery and other minor surgeries)

By End Users

Dental Clinics (Organized + Unorganized)

Hospitals

By Dental Clinics

Unorganized Dental Clinics

Organized Dental Clinics

By Revenue Division

Domestic

International Tourist

By Cities

Serangoon

Bedok

Clementi

Jurong

Others (Botok, Harbour front, marine parade and remaining regions)

Key Target Audience

Dental Service Providers

Dental Equipment Distributors

Dental Equipment Manufacturers

Dental Clinics

Hospitals

Healthcare Companies

Pharmaceutical Companies

Tourism Agencies

Government Bodies & Regulating Authorities

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDAz

Time Period Captured in the Report:-

Historical Year: 2018-2021

Base Year: 2021

Forecast Period: 2021– 2026F

Companies Covered:-

Dental Services Providers

Q&M

Royce Dental Surgery

Advanced Dental Company

Unity Denticare

Family Dental Centre

Nuffield Dental

T32 Dental Group

Greenlife Dental

Toof Dental Surgeon

Healthway Singapore

Key Topics Covered in the Report

Singapore Dental Services Market Overview

Singapore Healthcare Overview

Ecosystem of Singapore Dental Services Market

Business Cycle and Genesis of Singapore Dental Services Market

End User Analysis of Singapore Dental Services Market

Consumer Journey in Singapore Dental Services Market

Consumer Pain Points in Singapore Dental Services Market

Industry Analysis of Singapore Dental Services Market

SWOT Analysis of Singapore Dental Services Market

Key Growth Drivers in Dental Service Market in Singapore

Major Challenges and Bottlenecks in Singapore Dental Services Market

Regulatory Framework in Singapore Dental Services Market

Competitive Landscape in in Singapore Dental Services Market

Market Share of Major Dental Services Providers in Singapore Dental Services Market

Detailed Analysis on Singapore Dental Services Market (Market Size and Segmentation, 2016-2021; Future Market Size and Segmentation, 2021-2026F)

Market Opportunity and Analyst Recommendations

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

Singapore Dental Services Market

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Indonesia Dental Services Market Outlook to 2026F– Driven By Rising Dental Awareness, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

3 Key Insights on Competitive Landscape in Global Grease Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of approximately 200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Grease Market by Ken Research

Grease is a solid or semisolid liquid lubrication. Lubricating grease consists of 65 to 95% base oil, 3 to 30% thickener, and 0 to 10% additives. The main function of grease is to provide lubrication without leaking and contacting the material. The functional properties of grease include better performance than oil, solid sealant, prevents leakage, and uncontrollable fluid level. It is used in multiple industries such as automotive and transport, chemical, food processing, wind generation, heavy equipment, steel, mining, general manufacturing, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise ~15% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the research study found that the Global Grease market is moderately competitive with approximately 200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in production and manufacturing for specific grade grease. The large global players even though comprise about ~15% in terms of the number of companies, hold ~40% of the market revenue share followed by regional players which account for ~30% of the market revenue. Most of the global players are having their operations in different regions worldwide.

Specialist Players within Global Grease Market Earn a Significant Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors done within the research study reveals that diversified players having a variety of grease products such as Exxon Mobil, Chevron Corporation, and Castrol are highly focused on providing a full segment of grease as per the analysis done in the study on the Global Grease market. All leading global competitors are having a strong presence in the Global Grease market and offer comprehensive Grease solutions to all major industries including automotive, transportation, wind power, heavy equipment, aerospace, and any other industrial site. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand from end-users.

• In September 2022, Piedmont Lithium announced an investment of US$582 million to establish a lithium hydroxide processing, refining, and manufacturing facility in Southeast Tennessee.
• In August 2022, BP to invest up to US$48 million in new global battery research and development center in Britain. The facility works on developing leading fluids technology, Castrol ON develops lubricants and greases for the growing EVs market.

Covid19 Slowed Down the Growth of the Grease Market. Although the Market is estimated to Recover Soon as the Country’s Restrictions and Lockdown on Manufacturing Plants are Easing Down

Covid19 has slowed down the growth of the grease market. Implementing lockdown on economies, temporary shutdown of manufacturing plants, and reduction in vehicle traffic globally, were all those factors that reduce the use of grease in the market. According to the International Monetary Fund (IMF), a USA-based organization that promotes global economic growth and financial stability, provided in the growth projection released in April 2022, global economic growth is projected to slow from an estimated 6.1% in 2021 to 3.6% in 2022 and 2023. Declining economic growth will directly impact the chemical, construction, automotive, and other industries.

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Increased adoption of Grease Globally leading to major industry-wide developments, acquisitions, collaborations, and deal-wins

• In June 2021, the FUSCH group acquired Gleitmo Technik AB, Sweden to strengthen the specialty lubricating business.
• FUSCH mentioned in its annual report for FY20-21, it expands with the new plant in Kaiserslautern, which produces custom-made polyurea greases for e-mobility and wind power. US$15.5 million was invested in the 3 German sites in Mannheim, Keil, and Kaiserslautern.

Key Topics Covered in the Report: -

• Snapshot of Global Grease Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Grease Market
• Historic Growth of Overall Global Grease Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Grease Industry
• Overview, Product Offerings, and Strength & Weakness of Key Competitors
• Covid 19 Impact on the Overall Global Grease Market
• Future Market Forecast and Growth Rates of the Total Global Grease Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Global Grease Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

 Key Profiled Companies Mentioned in the Report: -

• Castrol
• Royal Dutch
• Exxon Mobil
• Eni
• Chevron Corporation
• FUCHS PETROLUB SE
• Sinopec Corporation
• Total Energy
• ENEOS Corporation
• Phillips 66
• CITGO
• Indian Oil Corporation Ltd.

Notable Emerging Companies Mentioned in the Report

• Inzin
• GreaseBoss
• Bansal Oil and Lubricants Co.
• Henan Dongsen Lubrication Technology Co., Ltd.
• Ganga Sagar Trading Co.
• Continental Oils & Lubricants FZE

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Grease Manufacturing Companies
• Grease Distributors
• Grease Traders
• Grease Material Supplier Companies
• Potential Investors in Grease Companies
• Lubrication Association
• Grease Association
• Oil and Lubrication Sector
• Lubrication Manufacturing Companies
• Research & Development Institutes
• Government Investors
• Consulting companies in the lubrication sector
• Grease component providers
• Non-Soap and Metallic Soap component manufacturers
• Government and research organizations
• Investment banks
• Investors and financial community professionals
• Investment Funds

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022-2028F

For More Information on The Research Report, Refer to Below Link: -

Global Grease Market Future Outlook

Related Report by Ken Research: -

Indonesia Industrial Lubricants Market Outlook to 2023 - By Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluids, Industrial Gear Oils, Turbine Oils, Compressor Oils, and Others), By End Uses (Construction and Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement and Others), By Distribution Channel (Direct Sales and Dealer Network)

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Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com

+91-9015378249

3 Key Insights on Competitive Landscape in Global Silicone Sealants Market: Ken Research

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Regional Players Dominate the Market Holding by ~45% of its Presence in Terms of Number of Players Despite Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players and Global Players, finds a recent market study on Global Silicone Sealants Market

Silicone sealants are frequently utilized in building projects for panels, expansion joints, weatherproofing, and many more purposes. These substances are a sort of adhesive that are frequently found in a liquid or gel-like state and that must be cured or dried to get the best adherence. The product has applications in building & construction, semiconductors & electronics, automotive, glass, wood furniture, and others.

Apart from that, the ongoing search for industrial adhesives and sealants with innovative chemical formulas that can endure high levels of stress goes hand in hand with the transformation taking place in the manufacturing and architectural sectors. This is positively impacting the silicone sealants market.

Ken Research shares 3 key insights on this high opportunity market from its latest research study.

1. Regional Players that Constitute Largest Market Presence of 45% of Total Number of Competitors While Large Global Players Also Have a Strong Presence and Hold 15%

A comprehensive competitive analysis conducted during the Research Study found that the global silicone sealants market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in silicone sealants tech advancement for multiple industries. The regional players comprise about 45% in terms of the number of companies while large global players account for ~15% of the market presence.

2. Major Players Have Been Trying to Enhance Their Revenues by Expanding Their Coverage of End User Industries through Appropriate Products

With multiple global corporations and regional players conducting their companies through a variety of products and a vast distribution network, the market is considerably competitive by nature. From product manufacturing to final product distribution to multiple places, the enterprises in the sector have a high degree of integration.

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Key players have a significant presence in various end-user industries like building & construction, semiconductors & electronics, automotive, glass, wood furniture, and various others. Not just key players but also emerging players are expanding in different industries with silicone sealants products and are also investing in marketing strategies like collaborations and technological development to compete in the industry.

3. Post-Covid Pandemic, the Expansion in New Construction Projects has Positively Impacted the Market

The coronavirus pandemic's development as a major global health catastrophe has harmed the industrial sector internationally. The construction industry has been particularly harmed by the pandemic's effects on supply chain disruptions, a scarcity of raw materials, and the shutdown of significant facilities.

According to the RICS 2020a (RICS Global Construction Monitor), which surveyed more than 2000 experts in the sector, lockdowns related to COVID-19 resulted in the suspension of up to 25% of construction activity contracts globally. The main market for silicone sealants has been stagnant, which has made it difficult for that industry to grow over time.

However, the gradual resumption of business operations increased focus on the construction industry, and the ensuing rise in demand for products like silicone sealants may herald the prospect of a recovery in the years to come. Manufacturers are focusing on expanding their capacity through acquisitions and joint ventures to fulfill the demands of a changing market. For instance, Soudal bought the silicone manufacturing facility of Momentive Performance Materials in April 2021 to help with its expansion in the high-quality sealants sector.

Increased adoption of Silicone Sealants in Various Parts of the World leading to major Industry-Wide Developments, Acquisitions, and Deal-Wins

• In October 2021, Silicone Engineering Ltd., a major European producer of silicone material solutions situated in Lancashire, United Kingdom, has been acquired by Rogers Corporation, expanding Rogers' current advanced silicone platform. It gives Rogers, access to a European Center of Excellence to service clients in the industrial, medical, electric vehicle (EV) and hybrid electric vehicle (HEV), electric vehicle (EV), and other areas that demand top-notch silicone solutions.
• In September 2022, American Sealants Inc. is assisting aquariums and zoos with the pandemic recovery process while maintaining animal security and safety during severe weather. For zoos and aquariums all across the world, American Sealants Inc. offers a range of services, from ongoing maintenance to fabrication and installation of acrylic exhibit walls and windows that won't scratch.
• In Jun 2022, the "industry first" recyclable silicone-based tire sealant solution was created in collaboration between Bridgestone Americas and Dow and debuted at the 2022 Silicone Expo in Detroit.

Key Topics Covered in the Report: -

• Snapshot of Global Silicone Sealants Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Global Silicone Sealants Market
• Historic Growth of Overall Global Silicone Sealants Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Silicone Sealants Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid 19 Impact on the Overall Global Silicone Sealants Market
• Future Market Forecast and Growth Rates of the Total Global Silicone Sealants Market and by Segments
• Market Size of Technology / Application Segments with Historical CAGR and Future Forecasts
• Analysis of Silicone Sealants Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Country

Major Companies Profiled in the Report

• 3M Company
• BASF SE
• Henkel AG & Co. KGaA
• Bostik
• TKK D. O. O
• B.Fuller
• PPG Industries
• Pidilite
• GCP Applied Technologies
• DUpont
• Wacker Chemie AG
• Sika A.G.

Notable Emerging Companies Mentioned in the Report

• Tengyu Chemical (Longkou) Co., Ltd.
• Jinwuhuan Neutral Silicone Sealant
• American Sealants Inc.
• Robert Mckeown Co., Inc.
• Anti-Seize Technology, A.S.T. Industries, Inc.
• Ravensberger Wachs-Chemie Bernhard Seidel GmbH & Co KG
• Nan Pao

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Construction Industry Personnel
• Electronics Manufacturers
• Vehicles Manufacturers
• Wood Furniture Manufacturers
• Wood Product Manufacturers
• Glass Furniture Manufacturers
• Glass Product Manufacturers
• Acetoxy Silicone Sealant Manufacturers
• Amino Silicone Sealant Manufacturers
• Oximinics Silicone Sealant Manufacturers
• Acetic Silicone Sealant Manufacturers
• Room Temperature Vulcanizing (RTV) Technology Providers

Time Period Captured in the Report

• Historical Period: 2019-2021
• Forecast Period: 2022E-2030F

For More Information on The Research Report, Refer to Below Link: -

Global Silicone Sealants Market Analysis

Related Report by Ken Research: -

India Coupling Agents & Compatibilizers Market Outlook to 2023 - By Application (Packaging & Plastics Industry, Automotives Industry, Adhesives & Sealants and Paints & Coatings, Rubber Industry, Energy Sector and Others) and by Coupling Agents (Maleic Anhydride Grafted Polymers, Silane Coupling Agents and Others)

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com

+91-9015378249