India Hospital Furniture Market, India Hospital Furniture Industry: Ken Research

How Is The India Hospital Furniture Market Positioned?

Overview: India is expected to rank amongst the top 3 healthcare markets in terms of incremental growth by end of 2020. The medical tourism industry size has doubled from USD 3.0 billion in 2017 to USD 6.2 billion in 2018. Better treatment along with cost advantage over its peers in the West and Asia offering high- quality medical services has been the major growth driver for the healthcare industry in India. The number of hospitals has increased from ~ in 2015 to ~ in 2020. These factors have boosted the hospital furniture market in India. The market is still dependent on imports from other countries mainly due to the excellent quality, use of technology and lower prices (China). In 2020, ~% of the country’s hospital furniture revenue was met through imports.

Market: The hospital furniture market has increased from ~   ₹ Crores in FY’2015 to ~ ₹ Crores in FY’2020 and witnessed a CAGR of ~% over these years. Advances in healthcare infrastructure in India have stimulated the hospital furniture industry growth in recent years. Government initiatives such as Ayushman Bharat Scheme and Make in India have led to rising healthcare establishments and increasing hospital furniture production in the country. Direct sale is the most preferred method for reaching out to the end users. Increasing focus on research & development and marketing activities, new product launches, partnerships were witnessed to be the driving factors in the industry.

India Hospital Furniture Market Segmentation

By Type of Products: Hospital Beds have captured major proportion of this industry’s revenue; the primary reason being large number of newly added and replaced manual and motorized beds in both older and newer healthcare facilities (~ beds in country in 2018 and replacement rate with newly added beds is ~%). Increase in number of healthcare establishments (~ in 2018), rising public healthcare expenditure (~ ₹ crore in FY’2018) and increasing number of surgeries along with acute care cases are the growth drivers of OT tables and OT lights industry.

The prices of domestically manufactured products is approx. ~ of the imported products. Motorized beds are costlier as they have common features such as adjustable height for the entire bed, the head, and the feet, adjustable side rails, and electronic buttons to operate both the bed and other nearby electronic devices. Prices of OT Tables and OT Lights depend upon the configurations but the average prices are around ~ ₹ Crores and ~ ₹ Crores respectively in FY’2020. Stretchers are less costly as they are used majorly for transporting patients.

By Organised and Unorganised Market: Around ~% revenue in the overall market is generated by the unorganized market. There are around ~ firms in the ecosystem contribution to the organized market revenue.

By End-Users: Hospitals contributed the majority revenue share in the end-user segment followed by clinics and diagnostic centers. Low share of govt. spending and strong demand trends has led to increasing investment by private players. Home healthcare companies are the fastest growing end-user segment for the hospital furniture manufacturers. The new digital players emerging across the value chain -providers, pharmacies and diagnostic centers will also disrupt the industry.

Competition Scenario in India Hospital Furniture Market

The industry is highly competitive with around ~ manufacturing firms present in the market. The industry is still dependent on imports owing to the use of excellent quality and patient friendly products. Moreover, the raw material and the parts are imported majorly from China basis the low cost of products. The market is highly fragmented with the leading local players namely Midmark, Steelcraft, Narang Medical, PMT Healthcare, GPC Medical capturing ~%  of the market share in FY’2019. These players compete on the basis of parameters such as product pricing, distribution network, product quality, clientele, partnerships, product innovation, customer support and more.

India Hospital Furniture Market Future Outlook and Projections

The hospital furniture market in India is expected to grow at a CAGR of ~% on the basis of revenue over the forecast period FY’2020-FY’2025. The segmentation wise share is not expected to change during the forecasted period. The market is expected to rise at a decreasing rate in 2020 and sales are expected to remain low throughout the year owing the Covid-19 pandemic. Recovery is expected in the industry from the year FY’2022 onwards. Companies are expected to focus on wider distribution network including online marketplaces & e-commerce platforms and invest in research and development to come up with innovative solutions. The forecast period is also expected to witness collaboration & partnerships among players and with other stakeholders in the industry such as home healthcare companies, small local manufacturers, etc.

Key Segments Covered:-

By Type of Products

Hospital Beds (Manual and Motorized)

OT Tables (Local and Imported)

OT Lights (Local and Imported)

By Stretchers (Single Fold, Trolley Based and Hydraulic)

Others

By End Users

Hospitals

Clinics and Diagnostic Chains

Home Healthcare Companies

Companies Covered:-

Arjo Huntleigh

Hill-Rom Services Inc

Paramount Bed Holdings

Stryker Corporation

Narang Medical

Steelcraft Hospital Furniture Industries Pvt. Ltd. – Vissco Group

Midmark India Pvt. Ltd. (Janak Healthcare)

Getinge

GPC Medical

Qualisurge Surgicals (Bharat Surgical Co.)

ARVS (Cognate India)

PMT Healthcare

Key Target Audience:-

Hospital Furniture Manufacturing Companies

Hospital Furniture Exporting Companies

Hospital Furniture Importing Companies

Original Equipment Manufacturers

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2015-2020

Forecast Period – 2020-2025

For More Information on the research report, refer to below link:-

India Hospital Furniture Market

Related Reports:-

India Home Healthcare Market Outlook to 2025 (Second Edition) – By Patient Profile (Elderly Care, Post Operative Care, Physiotherapy, Palliative Care, Stroke Rehabilitation and Others), By Organized (Subscription and Non Subscription Model) and Unorganized, By Patient Age Profile and By Major Cities

India Diagnostic Laboratories Market Outlook to FY’2025- By Government and Private Labs, By Radiology and Pathology, By Organized and Unorganized Players, By Business Model (Standalone, Hospital Based and Diagnostic Chains), By Cities (Tier I, Tier II and Tier III cities) and By Payment Method (Out of Pocket Expenditure, Insurance based and Corporate Spending

India Medical Device Market Outlook to 2023 - by IVD Market (Type of Device, Sales Channel, Domestic Manufacturing and Import), by Diagnostic Imaging Market (Type of Device, Domestic Manufacturing and Import) and by Patient Aid Market (Orthopedic Device, Hospital Furniture and Hearing Aid)

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
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Growing Insights of Radio Access Network Market Outlook: Ken Research

The radio access network (RAN) utilizes the radio signals to link a subscriber's cellular device to the core wireline connection. RAN has been in utilize since the establishment of cellular technology and since then has been sprouting with the evolution of mobile communications.

According to the report analysis, ‘Radio Access Network Market by Communication Infrastructure (Small Cell, Macro Cell, RAN Equipment, and Distributed Antenna System), Technology (2G, 3G, 4G, and 5G), and End User (Residential and Enterprise): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the radio access network market there are several corporates which presently operating more significantly for leading the fastest market growth and dominating the handsome value of market share around the globe during the short span of time while spreading the awareness related to such, advancing the applications and features of such, developing the specifications of the technology, delivering the better consumer satisfaction, employing the young work force, analyzing and studying the competitive strategies and implementing the profitable strategies includes Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, NEC Corporation and several others.

The Small cell communication infrastructure comprises of the small radio equipment and antennas, which can be positioned on the structures such as streetlights, sides of buildings, or poles. It is concerned the size of a pizza box or a backpack and is indispensable to spread data to and from a wireless device. Such small cells are projected to revolutionize next-generation network as these cells transmit data utilizing the mid- and high-band spectrum, which would be cooperative to strengthen 5G network capacity. Hence, the small cell communication infrastructure is estimated to influence the market growth throughout the forecast period.

The requirement for the radio access network is expected to augment rapidly during the review period, mobile broadband services, growth in the network densification, and increasing mobile data traffic. However, some concerns connected to fiber backhaul and privacy & security are projected to hamper the market growth. Nonetheless, the urbanization and augment in the investments in smart cities are projected to provide lucrative growth occasions to the radio access network market players.

The market for RAN is projected to be propelled by the 5G network owing to growing demand for wireless broadband services that demand the fast and high-capacity networks. The advancement of the 5G connectivity technology is projected to address the growing requirement for high-speed data communication. For instance, 5G (RAN) focuses on enhancing networks by creating requirements for low latency and great capacity. Owing to the presence of silicon chip in core network and user devices, RAN can function effortlessly. There are several varieties of radio access networks that deliver the high data rates such as generic radio access networks (GRAN), GSM edge radio access networks (GERAN), evolved universal terrestrial radio access network (EUTRAN) and UMTS terrestrial radio access networks (UTRAN).  This can lead to the demand for related network infrastructure, which is projected to provide growth opportunities for the radio access network market during the coming years. Therefore, in the coming years, it is predicted that the market of radio access network will increase around the globe more effectively over the coming duration.

For More Information, Click on the Link Below:-

Global Radio Access Network Market

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Massive Increment In Neurology Devices Market Outlook: Ken Research

The Neurovascular devices such as cerebrospinal fluid management devices and interventional devices streamline to find their application in the cure of neurological syndromes, involving Alzheimer's, tumors, depression, and stroke. In addition, there are several other devices or instruments utilized for the treatment of neurological syndromes such as catheters, stents, ultrasonic aspirators, and stereotactic system.

According to the report analysis, ‘Neurology devices Market by Product (Neurostimulation Devices, Neurosurgery Device, Interventional Neurology Devices, Cerebrospinal Fluid Management Devices, and Others) and End User (Hospitals, Ambulatory Surgery Centers, and Neurology Clinics): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the neurology devices market there are several corporates which presently functioning more progressively for leading the fastest market growth and registering the handsome value of market share around the globe during the upcoming years while spreading the awareness related to the benefits of treatment, delivering the better consumer satisfaction, increasing the applications and benefits, advancing the specifications of the technology, employing the young work force, implementing the profitable strategies and analyzing the strategies of the competitors includes Abbott Laboratories., B. Braun Melsungen AG, Boston Scientific Corporation., Integra LifeSciences Holdings Corporation, LivaNova PLC, Johnson & Johnson, Medtronic Plc., Magstim Co Ltd., Penumbra, Inc., Stryker Corporation and several others.

The worldwide neurological devices market was worth at USD 9,242.67 million in 2018, and is expected to reach USD 17,410.40 million by 2026, increasing a CAGR of 8.1% from 2019 to 2026. In addition, the growth of the worldwide neurology devices market is propelled by proficient increase in the geriatric population across the globe, massive increase in the requirement for the minimally invasive surgeries, and development of advanced neurological devices. In addition, growth in the prevalence of neurological disorders around the worldwide propels the requirement for neurology devices, thereby supplementing the growth of the worldwide market. In addition, increase in the geriatric population poses risk for augment in the incidence of neurovascular syndromes (such as stroke).

However, enforcement of rigorous government regulations toward the endorsement of these devices and shortage of the skilled neurosurgeons are the key factors projected to restrict the market growth. Conversely, the establishment of new products and technological advancements in the neurological devices have supported in the efficient treatment of several neurovascular syndromes, which is projected to deliver the lucrative opportunities for market enlargement throughout the forecast period.

The significant growth in the advancement in field of imaging technologies and the consequent advancement of the neurosurgical endoscopy devices are probable to influence growth over the review period.

Further the effective growth in the number of neuro informatics related projects for the endowment of proficient algorithms are also attributive aspects expected to boost requirement over the review period. Interventional neurology devices control a considerably large share following neuro stimulation devices and are projected to register foremost growth following neurosurgery devices in the coming years. Therefore, in the near years, it is predicted that the market of neurology devices will increase around the globe over the coming years more effectively.

For More Information, refer to below link:-

Global Neurology Devices Market

Related Report:-

United States Neurology Devices Market Outlook to 2025 - Hydrocephalus Shunts, Interventional Neuroradiology Devices, Neurosurgical Products and Others

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Landscape of Baby Feeding Bottles Market Outlook: Ken Research

The Baby feeding bottles are one of the compulsory baby care products, which are effectively utilized until infants turn more than a year old. Hence, the sector has observed higher level of requirement from the customers. In recent years, producers have strategized on extemporizing their product offerings that gains to specific requirements of target consumers (parents of new born). For instance, Philips one of the foremost players in the worldwide baby feeding bottles market have come up with the Anti-Colic Bottle with Air Free Vent, which keeps the nipple full throughout feeding so baby swallows less air. This can assist reduce gas, reflux, and colic. It also means baby can drink milk in an upright posture as well.

According to the report analysis, ‘Baby Feeding Bottles Market by Material Type (plastic, stainless steel, silicone and glass) and Distribution Channel (hypermarket/supermarket, specialty stores and online stores): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that baby feeding bottles market states that there are several enterprises which presently operating more actively for leading the fastest market growth and registering the handsome value of market share around the globe during the near years while studying the strategies of the competitors, implementing the profit making strategies, advancing the applications, productivity and durability of the product, developing the specifications of the production technology, delivering the better consumer satisfaction, spreading the awareness related to the baby feeding bottles, decreasing the link associated and employing the young work force includes Mayborn Group Limited, BABISIL, Handi-Craft Company, Munchkin, Steribottle Ltd, PACIFIC BABY INC., Nutrits Ltd., Mason Bottle, Pura, Mapa Spontex UK Ltd and several others.

The Baby Feeding Bottles market size was worth at USD 2.8 billion in 2018 and is projected to reach USD 4.2 billion by 2026, accounting a CAGR of 5.1% from 2019 to 2026.

According to the analysis, the birth rate of developing/emerging region is augmenting at a very fast rate. The regions such as China, India, Brazil, South Africa, and Egypt indicate a greater birth rate than the U.S. and the UK and exhibit high potential for baby care product market. As the quantity of babies increases, the utilization of numerous key baby accessories involving baby feeding bottles incur greater level of requirement. For instance, India has the greatest birth rate in Asia-Pacific, which is nearly 19.95 children per 1000 members of the populace and the country is the most attractive market for consumable goods.

There has been an augment in number of users in several social media sites with the increase in internet penetration. Taking this into consideration, most of the foremost players in the baby feeding bottles market strategize on encouraging their products and services on social media platforms. Social media marketing is one of the foremost strategies adopted by several companies and industries, involving wearable products market, on imparting awareness related their product offerings amongst the target consumers on social media channels. Thus, through the social media marketing strategy, the worldwide baby feeding bottles market sights critical opportunities in obtaining traction and eventually growing its registration amongst its target sectors. Therefore, in the near years, it is predicted that the market of baby feeding bottles will increase around the globe more actively over the coming years more effectively.

For More Information, Click on the Link Below:-

Global Baby Feeding Bottles Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Advancement In Global Risk Analytics Market Outlook: Ken Research

The Risk analytics is the procedure of forecasting future perils occurring in an organization and managing risk utilizing the several tools and technologies. In addition, risk analytics supports organizations to handle the challenges, which they can face in future and plan consequently to enhance their business performance. Furthermore, risk analytics utilizes the machine learning algorithms for analyzing great risk customers and decrease the charge-off losses by screening for risky deals. In addition, the Risk analytics supports the organization to augment their capabilities in recognizing real time risk and efficiently advancing the decision making. It assists the organization to analyze, aggregate, and visualize the worth of the efforts devoted in perils.

According to the report analysis, ‘Risk Analytics Market by Component (Solution and Services), Deployment Model (On-Premise and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises), Application (Strategic Risks, Financial Risks, Operational Risks, and Compliance Risks), Industry Vertical (BFSI, IT & Telecom, Retail, Healthcare, Energy & Utilities, Manufacturing, Government & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the risk analytics market there are several corporates which presently operating more significantly for leading the fastest market growth and registering the handsome worth of the market share around the globe during the very short duration while spreading the awareness related to the risk analytics, advancing the features of the technologies, employing the young work force, implementing the profitable strategies, analyzing and studying the rules and regulations of the government, decreasing the linked price, delivering the better consumer satisfaction and increasing the applications of such includes Accenture PLC, BRIDGEi2i, Capgemini SE, Fidelity National Information Services, Inc. (FIS), IBM Corporation, Moody's Analytics Inc., Oracle Corporation, Risk Edge Solutions, SAS Institute Inc. SAP SE and several others.

The significant surge in data security breaches across the enterprise and augment in government regulatory compliance are some of the foremost aspects, which will influence the growth of the risk analytics market. In addition, the positive growth in the adoption of risk analytics in financial institutions and growth in IoT landscape propels the growth of the market. However, great cost and involvedness in installation, configuration of the software, and less protection provided by the risk analytics restrict the growth of the market.

Furthermore, the significant increase in the demand form underdeveloped economies and incorporation of the artificial intelligence in risk analytics are projected to provide foremost opportunities for the growth of the risk analytics market throughout the forecast duration.

Although, the North America is likely to hold proficient market share in the implementation risk analytics market. The developed IT ecosystem and proficient existence of large enterprises are some the prime aspects propelling the growth of risk analytics market. During near term, Asia Pacific region is probable to witness robust growth in risk analytics market. The augmenting market competitiveness and currency fluctuations are probable to result in improved requirement of risk analytics tools. Therefore, in the near years, it is anticipated that the market of risk analytics will increase around the globe over the coming future more actively.

For More Information, refer to below link:-

Global Risk Analytics Market by Component

Related Report:-

Global Risk Analytics Market 2020 by Company, Regions, Type and Application, Forecast to 2025

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Transport Industry Anticipated to Drive Aluminum Market over the Forecast Period: Ken Research

Aluminum is one of the key metal with the properties of being a lightweight, nonmagnetic, soft, and ductile metal. It is widely used in applications associated to food & packaging and pharmaceutical industries. It is a nontoxic metal, preserving food for the longer duration, inhibiting microorganism’s growth. Aluminum is also a good conductor of electricity and also used widely in electrical transmission lines. Moreover, it is also used as a propellant for the solid rocket booster motor in a space shuttle owing to high volumetric energy density. The corrosion resistance, reflectivity, and recyclability are some of the other characteristics of Aluminum, making it a favorable choice for various industrial applications.

According to study, “Aluminum Market by End User (Transport, Building & Construction, Electrical Engineering, Consumer Goods, Foil & Packaging, Machinery & Equipment, and Others), Processing Method (Flat Rolled, Castings, Extrusions, Forgings, Pigments & Powder, and Rod & Bar) and Series (Series 1, Series 2, Series 3, Series 4, Series 5, Series 6, Series 7 and Series 8) - Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global aluminum market are Alcoa Corporation, China Hongqiao Group Ltd., Aluminium Corporation of China Limited (CHALCO), China Power Investment Corp. (CPI), Emirates Global Aluminum PJSC, East Hope Group Company Limited, Norsk Hydro ASA, United Company RUSAL Plc.  Rio Tinto Alcan Inc., and Xinfa Group Co., Ltd.

Based on product type, aluminum market is segmented into primary aluminum and secondary aluminum. Based on processing method, market is segmented into extrusions, castings, flat rolled, pigments & powder, forgings and rod & bar. Based on series type, market is segmented into series 1, series 2, series 3, series 4, series 5, series 6, series 7 and series 8. In addition, based on end-user, market is segmented into transportation, machinery & equipment, electrical engineering, building & construction, consumer goods, foil & packaging, and others. The transportation segment dominated the market owing to growth in automotive production driven by rapid urbanization coupled with increase in per capita disposable income. The building & construction segment is anticipated to exhibit substantial growth rate due to increase in residential construction activity across the US, India, Indonesia, China, and several countries in Europe during the forecast period.

The aluminum market is driven by growth in technological advancements, followed by increase in increasing applications across various end user industries and growth in transportation industry. However, increase in competition from substitutes and fluctuating prices of raw materials may impact the market. Moreover, increase in use of recycled aluminum products and rise in demand from emerging economies are key opportunities for market.

Based on geography, the Asian-Pacific region holds major share in aluminum market owing to significant investments in construction & infrastructural development and growth in automotive industry in the region. Whereas, the European and North-American regions are estimated to witness higher growth rate due to increase in shifting trend in the food & beverage industry towards packaged food over the forecast period. The global aluminum market was valued at US $147.2 billion in 2018, and is likely to reach US $189.8 billion by 2026, growing at a CAGR of 3.2% from 2019-2026.

For More Information, Click on the Link Below:-

Global Aluminum Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increase in Need for Improvement in Crop Yields Anticipated to Drive Global Specialty Chemicals Market: Ken Research

Specialty chemicals are specific chemical products that help in providing variety of effects to several industries that they cater to such as textile, construction, oil & gas, ink additives, cosmetics, and food. They can be single-chemical formulations & entities whose composition significantly influences the performance of the customers’ product. These chemicals are used on the basis of their function & performance. The physical and chemical characteristics of the chemicals influence the performance of end products.

According to study, “Specialty Chemicals Market by Type (Food Additives, Cosmetic Chemicals, Water Treatment Chemicals, Textile Chemicals, Construction Chemicals, Paper & Pulp Chemicals, Oil Field Chemicals, and Ink Additives) - Global Opportunity Analysis and Industry Forecast, 2019 - 2026”. Some of the key companies operating in the global specialty chemicals market are AECI, Albemarle Corporation, Akzo Nobel N.V., Albemarle Corporation, 3M, Afton Chemical, Arkema Group, Berger Paints India Limited, Asian Paints, BASF SE, Archroma, Axalta Coating Systems, Ashland, Baker Hughes Company, Chevron Corporation, Dow, Corteva, DuPont de Nemours, Inc., Buckman, DIC Corporation, Clariant, Covestro AG, Eastman Chemical Company, DSM, Evonik Industries AG, GCP Applied Technologies Inc., Exxon Mobil Corporation, Ecolab, Flint Group, Ferro Corporation, H.B. Fuller Company, Halliburton, Huntsman International LLC, Hexcel Corporation, FMC Corporation, Henkel AG & Co. KGaA, KRONOS Worldwide, Inc., Infineum International Limited, MAPEI S.p.A., Lonza, NIPSEA GROUP, Merck KGaA, LafargeHolcim, Kemira, LANXESS, Kurita Water Industries Ltd., Nutrien Ltd., Nouryon, RPM International Inc., Procter & Gamble, PPG Industries Inc., Pidilite Industries Ltd., Schlumberger Limited, Syngenta, Solvay, The Lubrizol Corporation, SABIC, Solenis, Sika AG, The Chemours Company, W. R. Grace & Co., Veolia, Venator Materials PLC, The Sherwin-Williams Company, Wacker Chemie AG, Yara.

Based on type, specialty chemicals market is bifurcated into textile chemicals, water treatment chemicals, ink additives, cosmetic chemicals, food additives, paper & pulp chemicals, construction chemicals, and oil field chemicals. Textile chemicals include colorants & auxiliaries, finishing chemicals, coating & sizing chemicals, and others. Water treatment chemicals include activated carbon, corrosion & scale inhibitors, activated carbon, coagulants & flocculants, pH adjusters & softeners, biocides & disinfectants, anti-foaming agents and others. Cosmetic chemicals include film formers & moisturizers, single-use additives, surfactants, emollients, and others. Food additives include flavor enhancers, hydrocolloids, food flavors, and others. Paper & pulp chemicals include functional chemicals, process chemicals, coating chemicals, bleaching & RCF chemicals, and pigments & fillers. Construction chemicals include protective coatings, adhesives & sealants, asphalt additives, and concrete admixtures and others. Additionally, oil field chemicals include fracturing chemicals, oil production chemicals, drilling fluids, acidizing chemicals, and cementing chemicals. In addition, based on function type, market is bifurcated into antioxidants, specialty enzymes, biocides, specialty pigments, catalysts, demulsifier, separation membranes, surfactant and specialty coatings.

The specialty chemicals market is driven by rise in demand from end-use industries, followed by surge in population, growth in focus on innovation and increase in focus on research & development (R&D). However, volatile raw material costs and strict government regulation may impact the market. Moreover, growth in development of eco-friendly products and increase in commercialization & industrialization of specialty chemical market are key opportunities for market.

Based on geography, the Asian-Pacific is a leading in specialty chemicals market owing to rise in demand for specialty chemical in various industrial processes and growth in manufacturing sector in the region. The North-American and European regions are estimated to witness higher CAGR due to growth in construction sector over the forecast period. In upcoming years, it is estimated that future of the market will be optimistic as a result of rapid industrialization coupled with increase in need for improvement in crop yields during the forecast period. The global specialty chemicals market was valued at US $211.2 million in 2018, and is expected to reach US $316.5 million by 2026, growing at a CAGR of 5.2% from 2019-2026.

For More Information, Click on the Link Below:-

Global Specialty Chemicals Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Proficient Growth In Worldwide Agriculture Equipment Market Outlook: Ken Research

The Agriculture Equipment Market encompasses the convention of tractors, plows, harvesters, and cultivators to comfort in numerous farming activities. The effective utilization of the agriculture equipment assists in acquiring high crop yield is comparatively less duration and slighter efforts. Moreover, the utilization of the automatic and semiautomatic agriculture equipment diminutions the inevitability of human labor on the farms, which in turn, diminutions the prices incurred on the manpower. This further enhances crop production by diminishing the downtime and enabling momentously precise functions.

The tractors sector is predicted to be a gorgeous sector in terms of market share, due to great sales across India and China (vs. sales of other equipment). The great sales of the tractors can be accredited to their multipurpose structures, as they are utilized as agricultural equipment in the months from February to April and for the other transport and commercial resolutions from May onwards. The tractors sector is projected to account for nearly three-fourths of the worldwide agricultural equipment market share throughout the forecast period. This sector is estimated to register for a foremost share and dominate the Horticulture Equipment Market Future Outlook throughout the assessment period.

Not only has this, but the world population is also increasing at an alarming rate. The populace is projected to be more prosperous and urbanized, enjoying the better diets and living standards. An increasing need for food will spur the requirement for agricultural products, which will augment the requirement for agricultural equipment such as tractors. In several countries, governments deliver extensive support to farmers to buy agricultural equipment to work more resourcefully, which is projected to bolster the growth of the tractor sector in the worldwide agricultural equipment market. For instance, across India, the Rashtriya Krishi Vikas Yojana assists the farmers to buy agricultural equipment involving tractors at subsidized rates. Several government authorities are undertaking initiatives to educate the farmers related to the features of utilizing the agricultural equipment in farming. Corporates are also reaching out to farmers to educate them related loan policies, credit financing, and features of contract farming – and this is predicted to drive the requirement for the agricultural equipment, majorly tractors. In European and American regions, governments are taking the compulsory steps to educate farmers and attendant them about the benefits of utilizing the agricultural equipment.

The petition for agricultural equipment is probable to observe the significant growth during the review duration. This strong growth can be accredited to the shifting of agricultural activities from animal or manual functions to automated methods. Aspects such as government initiatives, increasing urbanization rate, and time-saving possessions are moving the focus of farmers to mechanization and enhancing their investment power. Training programs accompanied by the government for technicians, farmers, and machinery users is another essential aspect that is projected to further propel the requirement for tractors over the review period. Therefore, in the near years, it is anticipated that the market for agriculture equipment will increase around the globe more significantly over the inflowing years.

Key Topics Covered in the Report: -

Powered Agriculture Equipment Market Growth

Horticulture Equipment Market Future Outlook

Agriculture Equipment Industry

Agriculture Equipment Market

Agriculture Equipment Market Growth Forecast

Related Reports: –

Indonesia Agricultural Machinery Market Outlook to 2020 – Integration of Small Farm holding Structure and Government Support to Foster Growth

Europe Agriculture Equipment Market Outlook to 2023 – By Type (Tractors, Harvesting Equipment, Soil Preparation and Cultivation Equipment, Haymaking Equipment, Crop Protection Equipment, Transport, and Handling Equipment’s and Other Agricultural Equipment); and By Major Countries (Germany, France, Italy, UK, Poland, Spain, and Others)

Contact Us: -

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increment In Trends Of Global Cable Drum Market Outlook: Ken Research

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The Cable drum is a spool designed object. It is also well-known as cable reels. These drums are utilized to store a broad range of cables and wires to carry them for onsite usage. In addition, most of such cable drums can be utilized multiple times, while some are for single usage only. These drums create it convenient to lay wires and cables without tangling. It saves the packaging prices of cables and wires and supports lowering transportation costs.

According to the report analysis, ‘Cable Drum Market by Material (Wood, Plywood, Plastic, and Steel) and Mechanism (Manual, and Motorized): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the cable drum market there are several corporates which presently functioning more significantly for leading the fastest market growth and registering the greatest value of the market share around the globe in the incoming years while implementing the profitable strategies, spreading the awareness related to such, decreasing the associated price, advancing the applications of such, employing the young workforce, studying and analyzing the strategies of the competitors, delivering better consumer satisfaction and advancing the specifications of the production technologies includes Hildebrandt Group, Schwabe GmbH, Cable Equipements, Conductix-Wampfler, Coxreels, Nicoletti, Bryant Unlimited, Hannay Reels, Svenssongroup and several others.

The significant growth linked with the oil industry and natural gas production across the globe is a prominent aspect that propels the requirement for cable drums. In addition, an increase in the implementation of cables in the construction industry influences the market growth. However, competition from domestic manufacturers is projected to restrict the market growth. Furthermore, augment in government expenditures for electricity around the world, expressly in Asia-Pacific, Africa, and Latin America is projected to offer lucrative growth opportunities for the market throughout the forecast period.

Furthermore, the Asia Pacific region is projected to be the foremost region of the cable drum market. Significant increase in the manufacturing activities and enlargement in the numerous industries such as automotive, equipment manufacturing, and power generation are foremost factors propelling the requirement for cable drums market in the region. Augmentin the underground electrification and enlargement of telecommunication networks in regions such as India, China, Vietnam, Malaysia, and Thailand are also booming the cable drum market in the economy. Asia Pacific region is also the greatest manufacturing hub for electrical & electronic appliances and automobiles. This is projected to augment the cable drum market for cable drums in the region owing to the high requirements for the wire and cables.

Although, the significant increment in the telecommunication and high-speed internet cables is also a foremost factor for an increase in requirements for cable drums. An increase in aim on digitalization in regions such as India and China is boosting the requirement for the fiber optics and several other cables. This is directly influencing the requirement for cable drums to transport and hold such cables. Furthermore, demand for wires and cables in electrical appliances and automotive is influencing the market for cable drums, as these cables are provided the packed on cable drums to the manufacturing conveniences where these cables & wires are unwound and made complete for utilization in vehicles and appliances. Therefore, in the coming years, it is predicted that the market of cable drum will increase around the globe over the inflowing years more actively.

For More Information on the Research Report, refer to below links: -

Global Cable Drum Market Analysis

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

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Increase in Awareness about Aesthetic Look Expected to Drive Lipstick Market over the Forecast Period: Ken Research

Lipstick is a beauty or cosmetic product that contains colorants, waxes, oils, and emollients, which gives colour, texture, and protection to lips. Many colours & types of lipsticks exist such has liquid matte lipstick, waxy matte lipstick, lip-gloss, waxy glossy lipstick, etc. Some lipsticks are lip balms that add hydration. It usually comes in a tubular container, and different lipsticks have different methods of application.

According to study, “Lipstick Market by Product Type (Matte, Glossy, Lip Powder, and Others), Form (Stick, Liquid, and Palette), and Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, and Online Stores): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global lipstick market are L’Oréal S.A, Revlon Inc., Coty, Estee Lauder Companies Inc., Shiseido Company Limited, Christian Dior SE, Unilever, Inglot Sp. Z. O. O., Guerlain, and Relouis. The players are focusing on strategic mergers & acquisitions (M&A), product development, and innovative packaging to enlarge their business.

Based on product type, market is segmented into shimmer/pearl/frost, matte, glossy, metallic, luminous, satin/sheer, natural and crème. Matte segment holds major share in market as it offers a good coverage and provides a smooth glide to the lip. Based on color type, market is segmented into red, blue, purple, pink, nude, green, silver, grey, black, violet, maroon, black, orange, yellow, white, multicolor, and gold. Based on age, market is segmented into under 20, 20-30, 31-50, over 50. Based on gender, market is segmented into unisex and female. Based on application, market is segmented into lipstick cream, lipstick pencil, liquid lipstick, lipstick palette and lipstick tube/stick. In addition, based on distribution channel cosmetics stores, convenience stores, supermarkets/hypermarkets departmental stores and online. Supermarket/hypermarket segment dominates the market due to wide array of brands available with different price points. Additionally, online distribution channel market is anticipated to exhibit higher growth rate because of rapid growth of smartphones and high-speed internet during the forecast period.

The market is driven by increase in awareness about aesthetic look, followed by rapid urbanization & change in lifestyle, increase in young population & growth in disposable income and rise in demand for herbal, natural & organic lipsticks. However, use of harmful ingredients and Availability of counterfeit products may impact the market. Moreover, growth in production of organic lipsticks which are paraben-free & formaldehyde-free is a key opportunity for market.

Based on geography, the North-American is a leading region in global market owing to rise in demand for cosmetics and increase in the purchasing power of women in the region. Whereas, the Asian-Pacific and European regions are expected to exhibit considerable growth rate due to change in consumer preference for lipsticks overt he forecast period. In upcoming years, it is estimated that future of the market will be bright as a result of growth in penetration of global brands and increase in availability of lipstick as an affordable luxury to female population during the forecast period. The lipstick market size was valued at US $8.2 billion in 2018, and is anticipated to reach US $12.5 billion by 2026, registering a CAGR of 5.5% from 2019-2026.

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Global Lipstick Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

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