Impact Of Covid-19 On Global Feed Market Outlook: Ken Research

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The Phytogenic feeds are a wide variety of compounds, involving essential oils, flavonoids, saponins, and oleoresins. It develops the health of the gut and encourages livestock production. Additionally, it advances the health of the gut and encourages livestock production. The effective augment in the fears over COVID-19 spread to livestock and growing market understanding of eating these livestock items have encourages feed industry farmers to look for dissimilar natural and organic alternatives, such as phytogenic ones.

According to the report analysis, ‘Impact of COVID 19 on Global Feed Market to reach USD XX million by 2026’ states that the effective augment in the understanding of livestock feeding, revolutionizing the livestock industry, and growing requirement of meat & several other livestock-based goods has underwritten to an augment in the number of feed additives on the market. However, the feed manufacturers and farmers are becoming more aware of the practices and approaches to deal with the crisis, due to COVID-19. In addition, this is projected to boost the appetite for the feed additives, as market growth starts to alleviate.

Moreover, the Phytogenic is a natural additive that is seeing an augment in requirement as more customers opt for organic and balanced products than produced ones. Furthermore, earlier to the COVID 19 epidemic, plant-based food manufacturers drew funding from venture capital corporates and big prevailing meat companies. Corporates such as Nestle, Cargill and Tyson have produced meat brands aimed on plants alongside their more conventional meat products. And even after the pandemic struck, a few meat firms reliant on plants announced fresh investments. Impossible Foods said it upraised USD 500 million in a fresh fundraising round late March, part of which would be utilized by the nine-year-old firm to introduce new plant-based meat options in classfication involving lamb, goat and fish.

In addition, the regional analysis of Impact of COVID 19 on Feed market is measured for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The appearance of a large livestock populace and their growth levels push the requirement in Asia Pacific region. In addition, the region has observed an augment in the number of feed mills and feed production, predominantly in regions like India and Japan. This augment in the number of feed mills is impacting feed introduction in the area. The present coronavirus epidemic has resulted in apprehensions amongst the livestock owners around Asia and around the world, resulting in augmented requirement for feed additives for livestock's functional advantages, such as augmented immunity and nutritional assistances.

Moreover, the snowballing awareness about livestock nutrition, transformation of the livestock industry, and the growth in the consumption of meat & other livestock-based products have led to an upsurge in the market size of feed additives. However, owing to COVID-19, feed producers and manufacturers are becoming more aware of procedures and strategies to cope up with the situation. This, in turn, is predictable to lead to an increase in ultimatum for feed additives, as the market growth starts alleviating. Therefore, in the near years, it is predicted that the market of feed will increase more effectively over the forthcoming years.

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

Global Feed Market Future Outlook

Related Report:-

Global Organic Feed Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

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Increasing Insights of Global Maintenance Vehicle Market Outlook: Ken Research

 Vehicle maintenance could be a service provided once purchase of the vehicle and set within few interval periods or once the vehicle travels bound distance specified by the corporate. As automobile vehicle needs maintenance for swish operation, sturdiness and value improvement. A vehicle service or tune-up could be a series of maintenance procedures disbursed at a set time interval or once the vehicle has travelled a definite distance. The service intervals are specified by the vehicle manufacturer in a very service schedule and a few trendy cars show the maturity date for the succeeding service electronically on the electrical device.

According to the analysis, ‘Global Maintenance Vehicle Market to reach USD 14.56 billion by 2027.’ categorical that there are some corporates that presently functioning tons successfully for dominant the foremost effective enlargement of the market and obtaining the productive competitive edge whereas acceptive the productive moneymaking ways throughout that and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Asbury Automotive Group (US), Sumitomo Corporation (Japan), Driven Brands, Inc. (US), AAMCO Transmissions (US), Belron (UK), Firestone Tire and Rubber Company (US), Tata Motors Limited (India), Goodyear Tire and Rubber Company (US), CARMAX AUTOCARE CENTER (Nigeria), Jiffy Lube (US). Further, Increase within the population inclines the demand for each business further as non-public vehicles globally. As an example, as per Financial Times, China has discovered high notch sales in each business and traveller vehicles, in nearly 2 years in 2020 with a rise of virtually 4.4% in April since July 2020.  Moreover, supportive government norms to push vehicle maintenance is additionally predicted to make remunerative growth aspects for the market. As Maintenance of the vehicle is very important as per government norms in several countries across the world. In Journal 'Risk and Insurance' by BAIR, S.; HUANG, R. J.; WANG, K. C. in 2012 it’s been expressed that safety norms, accidents and road safety are directly associated with vehicle maintenance. Because of COVID-19 Pandemic, world automobile industry has discovered worst quarter since 2008 global financial crisis, each the provision and demand are have an effect owned drastically resulting in affect Global Maintenance Vehicle Market further. With the end of lockdown, the increase in maintenance vehicle market is to be discovered. However, lack of awareness with relation to vehicle maintenance and vehicle safety impedes the expansion of the market over the forecast amount of 2020-2027.

The regional investigation of global Maintenance Vehicle market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is that the leading/significant region across the globe in terms of market share as a result of the growing geriatric population and potential to possess vehicles. Whereas, Asia-Pacific is additionally anticipated to exhibit highest rate / CAGR over the forecast amount 2020-2027. Factors like rising disposable income and increase in potential population would create lucrative growth prospects for the Maintenance Vehicle market across Asia-Pacific region.

Major driving factors of the Maintenance Vehicle market are the quantity of automobiles within the world continues to extend, making demand for vehicle repair and maintenance work. The regular maintenance of a vehicle extends its untroubled operation and improves its economy within the stringent operating environments. Rise in demands on contractual servicing centres, particularly as regards the analysis of their systems, equipment, use of medicines and special tools, regular training for the personnel of individual servicing centres at the parent company or on site and the operation are creating opportunity in this segment.

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Global Maintenance Vehicle Market

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India Rental Two Wheeler Market Outlook to 2025: Ken Research

The report titled “India Rental Two Wheeler Market Outlook to 2025 - Driven by Introduction of Electric Vehicles and Adoption of Dockless System in Vehicles” provides a comprehensive analysis of rental two wheeler operations in India. The report covers various aspects including the market size (by GTV and fleet size), business cycle, timeline, market segmentation by organized and unorganized market (by GTV and fleets), by owned and leased (organized market fleets), by major cities (Bangalore, Goa, Mumbai, Pune, Jaipur, Delhi NCR, Hyderabad), by type of two wheelers (scooters, motorcycles and e-bikes), by type of bike (commuter, sports bike & high end), by purpose (commuting and leisure), by booking package (hourly, daily, weekly and monthly), by online booking (website & app) and offline booking (physical store, via call), by intracity and intercity bookings, FY’2020.

The report also covers the overall competitive landscape; growth drivers, challenges and trends & developments. It also focuses upon the customer behavior analysis towards the rental two wheeler services. The report concludes with projections for future of the industry including forecasted market size & segmentation in terms of revenue by 2025, Covid-19 impact and analysts’ take on the future.

India Rental Two Wheeler Market Overview and Size

The concept of two wheeler rental is not a new concept in India. Tourist destinations like Leh & Ladakh, Kerala and Goa are full of two wheeler renting vendors offering affordable bikes to tourists for leisure. It is also solving the major problem of last mile connectivity and micro mobility in metro cities and semi urban cities where hardly any public transportation is seen. Undoubtedly, the concept of two wheeler renting is booming in the country. With the quest to make bike renting quicker and hassle free process, several startups and vendors are working on their unique business models. Interesting startups and their unique offerings are building up a successful bike rental market in India. The market has attained speedy growth over the period of three years from FY'2017 to FY'2020. Major companies like Bounce, Vogo, Royal Brothers, Onn Bikes, Yulu Bikes, etc. have entered the entered the market in last 5-6 years and since then the market has evolved drastically.

India Rental Two Wheeler Market Segmentations

By Market Structure: In FY'2020 the majority of the proportion (in terms of GTV) was contributed by the organized sector owing to startups having higher presence, large fleet base and providing urban commute solution.

By Major Cities: Majority of the demand for rental two wheelers generated from the southern cities in India such as Bengaluru and Hyderabad. One of the major reasons behind this is that majority of the start ups are based in these cities. Moreover, workforce migration to these cities, heavy traffic congestions have also led to the higher demand.

By Type of Two Wheeler: India rental two wheeler market is dominated by scooters during FY'2020. This is because gearless scooters are trending in the country, among both male and female population. It is a cheaper and convenient as compared to bikes. Moreover scooters are more prevalent in tourist destinations such as Goa and Pondicherry.

By Purpose: Workplace commuting is the main reason behind renting a two wheeler in India. Previously rental solutions majorly served leisure purpose and only focused upon tourist destinations but with the entrance of companies such as Bounce and Vogo, the situation has completely changed. These players majorly focus upon Point A to Point B commute and are comparatively cheaper and hassle free.

By Packages Offered: Daily and hourly packages are the most sought after plan for rental services. Owing to Covid-19 pandemic, more players are focusing upon long term rental plans as the customers would not only feel safer but also secure about having immediate access to the outside world whenever they wanted. Moreover, B2B tie-ups generally focus upon having a monthly contract.

Competitive Landscape of India Rental 2W Market

India rental two wheelers market competition structure was observed to be highly fragmented with the presence of ~ 15,000 unorganized players. Although, organized players such as Bounce, Vogo, Drivezy, Onn Bikes, Yulu Bikes, Royal Brothers, and others contribute a significant share in the overall market. Pricing, models & packages offered, type of vehicles, areas of operations, vehicle & service quality, investor/client tie-ups, value added services offered, number of pick up and drop points are some of the critical parameters on the basis of which companies compete in the organized segment.

India Rental Two Wheeler Market Future Outlook & Projections

Rental two wheeler market is expected to recover from the Covid-19 pandemic and witness growth by mid of 2021. India’s young population and emerging entrepreneurial culture is all set to drive the rental industry with more investors coming forward. Corporate Companies are expected to tie up with 2W rental companies due to the surge in demand, post pandemic. In addition, more focus would be given to solving the urban commute challenges. EVs are likely to hold a relevant share in the total rental fleets in the next 5 years. Leading players are expected to launch their operations in the major Tier 1 & Tier 2 cities.

Key Segments Covered:-

By Market Structure (in Terms of Fleets and GTV)

Organized Market

Unorganized Market

By Type of Organized Market Fleets

Owned Fleets

Leased Fleets

By Major Cities (in terms of Fleets)

Bangalore

Goa

Mumbai

Pune

Jaipur

Delhi NCR

Hyderabad

By Type of Two Wheelers (in terms of Fleets)

Scooters

Motorcycles

E-Bikes

By Type of Bikes

Commuter

Sports

High End Bike

By Purpose (in terms of B2C Bookings)

Commuting

Leisure

By Booking Package (in terms of B2C Bookings)

Hourly

Daily

Weekly

Monthly

By Booking Channel (in terms of B2C Bookings)

Online App/Website

Physical Store

Booking via Call

By Usage (in terms of B2C Bookings)

Intracity Bookings

Intercity Bookings

Companies Covered:-

Bounce

VOGO Rentals

Drivezy

Yulu Bikes

ONN Bikes

RenTrip

Royal Brothers

ZopRent

Boongg

ZipHop

Wheelify

eBikeGo

RidoBiko

Bykemania

Mobycy

GoBikes

Faebikes

Key Target Audience:-

Rental Two Wheeler Players

Two Wheeler OEMs

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2017-2020

Forecast Period – 2020-2025

Key Topics Covered in the Report:-

India Rental Two Wheeler Market: Market Overview

Rental Two Wheeler Sourcing Methods

Rental Two Wheeler Market Customer Journey

India Rental Two Wheeler Market: Market Size, FY’2017-FY’2020

Market Size Scenario on the Basis of GTV and Fleet Size

India Rental Two Wheeler Market: Market Segmentation, FY’2020

India Rental Two Wheeler Market Growth Drivers

India Rental Two Wheeler Market Trends & Developments

India Rental Two Wheeler Market Challenges

India Rental Two Wheeler Market SWOT Analysis

Competitive Landscape of India Rental Two Wheeler Market

India Rental Two Wheeler Market Cross Comparison

India Rental Two Wheeler Market Pricing Analysis

India Rental Two Wheeler Market Company Profiles

India Rental Two Wheeler Market Customer Behavior Analysis

Future Market Size and Segmentations, 2020-2025F

Covid-19 Impact on India Rental Two Wheeler Market

Analyst Recommendations

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

India Rental Two Wheeler Market

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Saudi Arabia Used Car Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Type of Car (Sedans & Hatchbacks, SUVs & Crossovers, Pick-ups and Luxury), By Brand (Toyota, Hyundai, GMC & Chevrolet, Ford and Others), By Type of Sourcing, By Age of Vehicle (Less than 1 year, 1-3 years, 3-5 years & More than 5 years), By Kilometers Driven (Less than 50,000 Km, 50,000-80,000 Km, 80,000-120,000 Km & More than 120,000 Km) and By Region (Northern, Southern, Central, Eastern and Western)

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Rise in Number of Surgeries Anticipated to Drive Global Amniotic Membrane Market: Ken Research

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The amniotic membrane can be described as the innermost layer of the placenta with a width of 0.02-0.05 mm. The two key categories using amniotic membrane includes the management of wounds and biological bandage for the treatment. It is also widely used in the treatment of a range of diseases such as eye surface disorders, corneal degeneration, ocular dystrophy, eyelid reconstruction, bacterial keratitis, corneal ulcers, cataract, glaucoma, bullous keratopathy, among others. Demand for the amniotic membrane has increased, owing to the rising number of non-communicable disease patients.

According to a study, “The Global Amniotic Membrane Market to reach USD 2.9 Billion in 2026” the key companies operating in the global amniotic membrane market are Alliqua BioMedical, Inc., Applied Biologics LLC, Amnio Technology, LLC, Human Regenerative Technologies, LLC, Katena Products, Inc., MiMedx Group, Inc., DermaSciences,  Skye Biologics, Inc., Organogensis, Inc. and Amniox Medical, Inc. Majority of these key companies have a well-established portfolio and have sturdy collaborations with tissue banks & hospitals to ensure placental donations. Almost all of these key players are accredited by the American Association for Tissue Banks (AATB) to provide quality or sterile products. These factors thus are likely to aid in the growth of the market over the forecast period.

Based on application, the amniotic membrane market is segmented as ophthalmology, surgical wounds, regenerative medicines, stem cell biology, prenatal diagnosis, and others. Based on enzyme, the market is segmented as Lyophilization Amniotic Membrane and Cryopreserved Amniotic Membrane. The cryopreserved segment dominated the market due to its high effectiveness and usage. In addition, based on end-user, the market is segmented as ambulatory surgical centers, hospitals, research centers & laboratory, and specialized clinics. Research centers & laboratory segment is estimated to witness a higher growth rate due to the increase in research & development (R&D) investments by major market players and hospitals to appreciate the possible product applications during the forecast period.

The amniotic membrane market is driven by an increase in the number of surgeries being performed across the world, followed by growth in R&D investments in the field of stem cell & regenerative medicine, a rise in disease awareness, and an increase in the aging patient population. However, lack of awareness and stringent rules as well as regulation may impact the market. Moreover, government initiative regarding the treatment of diseases and the rise in demand from emerging economies such as China, India, among others, is a key opportunity for the market. Furthermore, growth in technology advancements regarding the amniotic membrane is a major trend for the global market.

Based on geography, the European region dominates the global amniotic membrane market owing to the increase in the prevalence of cicatricial pemphigoid and stevens-johnson syndrome, pterygium, and ocular surface reconstruction in European patients with chemical & thermal burns in the region. Whereas, the Asian-Pacific and North-American regions are anticipated to witness a higher growth rate due to the increase in the number of reconstruction procedures & cosmetic surgeries coupled with rising in the number of surgeries over the forecast period. It is predicted that the global amniotic membrane market will be reached at US $2.9 billion by 2026.

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

Global Amniotic Membrane Market Growth

Related Report:-

Global Amniotic Membrane Market Size Study, By Product (Cryopreserved, Lyophilization), By Application (Surgical Wounds, Ophthalmology, Others), By End-Use (Hospital, Ambulatory Settings, Specialized Clinics, Research Centers & Laboratory) and Regional Forecasts, 2017-2025

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Rise in Demand for HVAC Sector Expected to Drive Global Copper Pipes & Tubes Market: Ken Research

Copper is a malleable, soft and ductile metal with extremely high thermal & electrical conductivity. It has high-temperature resistance, excellent resistance to scaling & corrosion, high mechanical strength & lifetime resistance to Ultra-Violet (UV) degradation. Pure copper is extensively used in electrical wire & cable, electrical contacts and various other parts which are required to pass electrical current. Copper is also used in various end-use industries due to its superior characteristics. It can be recycled over and over without the degradation in content or properties.

According to study, “Global Copper Pipes & Tubes Market to reach USD 55 million by 2027” the key companies operating in the global copper pipes & tubes market are Halcor, Furukawa Electric Co., Ltd, Mueller Streamline Co., Cerro Flow Products LLC, Tube Products (STP), Aurubis AG, Fabrikabakarnihcevi A.D. H & H Tube, FoshanHuahong Copper Tube Co., Ltd., Majdanpek, Cambridge-Lee Industries LLC, China-Hailiang Group Co., LTD., MM Kembla, Mehta Tubes Ltd., Kobelco & Materials Copper Tube Co., LTD.,  Qingdao Hongtai Copper Co., Ltd, Small Shanghai Metal Corporation, Wieland-Werke AG, Brassco Tube Industries and Luvata.

Based on type, copper pipes & tubes market is segmented as process pipes, structural tubes, heat exchanger tubes, mechanical tubes, Hydraulic & instrumentation tubes, others. Based on manufacturing method, market is segmented as welded and seamless. Based on thickness, market is segmented as Type K, Type M, Type L, Type DWV and others. Based on outer diameter, market is segmented as less than 28 mm, 28 mm and more than 28 mm. Based on finish type, market is segmented as LWC grooved, pan cake, straight length, and LWC plain. In addition, based on application, market is segmented as refrigeration, industrial heat exchange, heating, ventilation, & cooling (HVAC), plumbing, electrical & electronics and others.

The copper pipes & tubes market is driven by growth in the air conditioning & refrigeration industry, followed by rise in healthcare industry requiring a safe & anti-bacterial. However, market presence of steel pipes & tubes may pose a challenge and fluctuations in the price of raw material may impact the market. Moreover, growth in technological advancements and rise in demand for market expansion are key opportunities for market.

Based on geography, the Asian-Pacific is the leading region in global copper pipes & tubes market owing to increase in sales of industrial and domestic HVAC systems and rapid industrialization & urbanization in the region. Whereas, the North-American and European regions are anticipated to witness higher growth rate due to rise in investment in the development and distribution of copper pipes & tubes over the forecast period. In upcoming years, it is projected that the global market will be reached at rapid pace as a result of growth in development of infrastructure and municipal construction during the forecast period. The global copper pipes & tubes market is valued approximately at US $41 million in 2019 and is likely to grow with a CAGR of more than 3.25% during the forecast period 2020-2027.

For More Information, refer to below link:-

Global Copper Pipes & Tubes Market

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Global Copper Pipes and Tubes Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

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Influence of Covid-19 on Composites Market Outlook: Ken Research

 A composite material is a substance comprising of two or more constituent materials with considerably dissimilar physical or chemical possessions that, when mixed, generate a substance with dissimilar characteristics from the individual components.

According to the report analysis, ‘Impact of COVID-19 on Composites Market to reach USD XX million by 2026’ states that the composites industry is projected to augment due to projected economic recovery resulting in augmenting the requirement from wind energy, aerospace & defense, and automotive & transportation industries. The effective increase in the demand for composites materials from automotive & transportation segment due to the weight savings property of composites for a delivered the strength level make the usage of composites important in the automotive & transportation industry.

The automobile and rail industries are aimed on raising weight, augmenting the vehicle presentation and harnessing more advanced materials. The Car producers around the world face serious impressions because of COVID-19. The most exaggerated regions are the US, Japan, South Korea, Italy, Germany, and the UK, which are the major producing regions in the automobile & transportation industry. Several automakers will observe a strong effect on their 2020 sales from the pandemic condition. Not only has this, the effective augment in the environmental issues and the quest for high-strength lightweight material to advance the fuel efficiency have put composites in the aerospace & defense industry at the front. The COVID-19 pandemic has generated an ongoing calamity for the worldwide aerospace and defense industry. A drastic decrease in sales and cash flow tends to be unavoidable in the aircraft manufacturing industry for most airlines, as well as for OEMs and their contractors. This enormous effect on the manufacturers of materials will principally affect the market for the composites in aircraft introduction.

Major market player included in this report are A. Schulman, Royal Tencate, Polynt S.P.A, Exel Composites, Core Molding Technologies, Strongwell Corporation, Menzolit GmbH, Continental Structural Plastics, Saertex, GKN Aerospace and several others. Moreover, the corporates around this market are effectively functioning more prominently for leading the highest market growth and dominating the handsome value of market share around the globe during the short span of time.

Whereas, the regional analysis of Impact of COVID 19 on Composites market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The APAC is the composite's major customer owing to strong requirement from China, Japan, India and several other nations. Noteworthy end-use composite industries on the APAC market involve, among others, housing, automobile & transportation, aerospace & defense, and wind energy. The advances in technology, regulatory guidelines, and policy standards are some of the major aspects of APAC's composites market. However, the COVID-19 pandemic is projected to decrease the region's requirement for composites owing to ongoing lockdown around various countries throughout 2020.

Furthermore, the composites industry is increasing due to the augment in demand for high performance materials, across the globe. The requirement for composites is projected to decrease in 2020 owing to COVID-19. However, the end of lockdown and recovery in the end-use industries will inspire the requirement throughout the forecast period.

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Impact of COVID-19 on Composites Market

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Rise in Manufacturing of Ventilators Expected to Drive Global Gas Sensors Market: Ken Research

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Gas sensors can be defined as transducers that convert one parameter into another like a non-electrical quantity into an electrical signal. They can detect a range of gases, such as flammable, toxic gases, and combustible gases. They are commonly used by various industries for instance transportation, metals, chemicals, food & beverage, power stations, and smart cities.

Referring to the study “Global Covid-19 Impact on Gas Sensors Market to reach USD 1.7 billion by 2027”. Some of the key players that are currently working in the global gas sensors market include Honeywell Analytics, Amphenol, MSA, AMS AG, Figaro, Dynament, Alphasense, Asahi Kasei (AKM), Membrapor AG, Sensiron AG.

Based on product, the gas sensors market is segmented as gas detectors, HVAC, gas analyzers & monitors, air cleaners/air purifiers, medical equipment, air quality monitors, and consumer devices. Based on gas type, the market is segmented as chlorine, ammonia, oxygen, carbon dioxide, nitrogen oxide, methane, volatile organic compounds, hydrocarbons, carbon monoxide, hydrogen, and others. Based on technology, the market is segmented as catalytic, solid-state or metal oxide semiconductor, photoionization detectors, zirconia, infrared, laser, holographic, and others. Based on connectivity, the market is segmented as wired and wireless connectivity. In addition, based on application, the market is segmented as water & wastewater, power stations, medical, automation & transportation, medical, consumer electronics, mining, food & beverages, oil & gas, and others.

In the Covid-19 situation, the gas sensors market is driven by growth in the adoption of gas sensors in HVAC systems & air quality monitors, followed by rising in manufacturing of ventilators, an increase in formulation & implementation of various health and safety regulations across the globe, the surge in air pollution level & need for air quality monitoring in smart cities and rise in demand from critical industries. At present, almost all the organization indulged in manufacturing of medical devices and has moved their attention basically on ventilator manufacturing as the outbreak of Coronavirus pandemic has rapidly enhanced the demand for ventilators in both public & private clinics/hospitals which have resulted in fueling the demand for gas sensors. However, the high initial cost of the device may impact the market. Moreover, the rise in demand for miniaturized wireless gas sensors across the globe and the networking of gas sensors through IoT, cloud computing, and big data are key opportunities for the market.

Based on geography, the North-American is a leading region in the global gas sensors market owing to rapidly surging cases of Covid-19 in both urban & semi-urban provinces of Covid-19 coupled with strategic initiatives taken by a private organization indulged in manufacturing of gas sensors in the region. Whereas, the Asian-Pacific and European regions are anticipated to exhibit a substantial growth rate due to the rise in cases of Covid-19 among all Asian countries and high geriatric population in countries such as Japan and China over the forecast period. The impact of Covid-19 on the gas sensors market is valued around the US $1 billion in 2019 and is projected to grow with a healthy growth rate of more than 6.8% during the forecast period 2020-2027.

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

Global Gas Sensors Market: Growth

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Surge in Consumption of Rubber in the tires Manufacturing Industry Expected to Drive Global Rubber Products Market: Ken Research

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Rubber is a hydrocarbon polymer that occurs as milky latex in the sap of different plants. It can also be manufactured synthetically. Rubber is majorly used by the tire manufacturing industry, which is used in trucks, buses, automobiles, tractors, military vehicles, and others. It is also used in matting, hoses, belts, flooring, and many other applications. Some of the physical properties of rubber include tear resistance, abrasion resistance, compression set, tensile modulus & strength, elongation, hardness, and others.

According to a study, “Global Rubber Products Market to reach USD XX million by 2026” the key companies operating in the global rubber products market are Nitta Corporation, Zhejiang Double Arrow Rubber Company Limited, LORD Corporation, Fenner plc., ZF Friedrichshafen AG, Eaton Corporation plc., Yokohama Rubber Company Limited, Semperit AG Holding, Trelleborg AB, CQLT SaarGummi Holding Sarl and Continental AG. Key companies are focusing on expanding their business in the Asian-Pacific region as the region is likely to progress rapidly in terms of market volume share due to the easy availability of raw materials and labor. Owing to favorable government tax incentives & subsidies, low-cost destinations in the region are attracting foremost rubber recyclers to set up their manufacturing base.

Based on type, market is segregated as hoses, roofing, gear shift bellow, conveyor belt, and others.  Based on rubber type, the market is segregated as natural rubber and synthetic rubber. Moreover, natural rubber has low rolling resistance that provides enhanced fuel economy. Synthetic rubber is used in automobile, chemical processing, building & design, silicone modification, electrical & electronics, wire & cable, bitumen modification, sealant & adhesive, insulation, medical & healthcare, and other applications. Based on product processing, the market is segregated as extrusion, roller dies, molding & casting, and coating. Based on application, the market is segregated as hydraulic systems, automotive wiring harness, chemical plant machinery & equipment, automotive systems, material handling machinery, and others. In addition, based on industry verticals, the market is segregated as the manufacturing industry, aerospace industry, construction industry, automotive industry, textile industry, medical industry, and others.

The market is driven by rising in demand for rubber products from end-use industries followed by a surge in consumption of rubber in the tires manufacturing industry, an increase in demand in motor vehicle application and component manufacturing. However, price fluctuations in the rubber industry, and the adverse effects of industrial rubber products on the environment may impact the market. Moreover, growth in advancement in the products made by synthetic rubber is a key opportunity for the market. Furthermore, the increase in the use of synthetic rubber in the construction and building industry is a major trend for the global market.

Based on geography, the Asian-Pacific region dominates the global market owing to the rise in demand for industrial rubber from construction, automotive, industrial production, and other applications in countries like India and China. Whereas, the North-American and European regions are estimated to witness a higher growth rate due to an increase in demand for fuel-efficient automotive parts because of environmental concerns & stringent regulations over the forecast period.

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

Global Rubber Products Market Growth

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