3 Key Insights on US$ 17 Bn Opportunity in the Global Green Chemicals Market: Ken Research

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Driven by the rising demand for green chemicals in various industries along with the scarcity of non-renewable resources and increasing need for green chemicals, the Global Green Chemicals Market is Forecasted to reach nearly US$ 17 Bn by 2028 says Ken Research Study.

Green chemicals or bio-based chemicals are renewable and eco-friendly substances primarily driven from bio-based raw materials related to plants or animals. Green chemicals are designed to maintain the ecological balance as it helps reduces the harmful impact on the environment regarding disposal, transportation, packaging, processing, fabrication, and others.

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

1.    Rising Concerns Regarding the Fossil Fuel Depletion Encourage Market Growth

The growing demand for renewable alternatives to fossil fuels for the production of green chemicals is boosting the growth of the Green Chemicals market in the forecasted period. The increase in supportive governmental regulations for promoting green chemicals is anticipated to propel market growth. However, the lack of commercialization of bio-based products may hamper the growth of the market.

According to Ken Research estimates, the Global Green Chemicals Market – valued at around US$ 6 Bn in 2017 and estimated to reach nearly US$ 10 Bn by 2022 – is expected to grow to around US$ 17 Bn opportunity by 2028.

2.  Increasing Demand for Biochemicals is Driving the Market Growth

The rising demand for environmentally friendly chemicals to build a sustainable environment along with the scarcity of non-renewable resources is anticipated to aid the growth of the market. Moreover, increasing the adoption of sustainable products like biodiesel over diesel or biochemical over chemicals is expected to bolster the growth of the global green chemicals market.

The below graph depicts the increasing production of biodiesel in the USA.

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3.  High Costs of Green Chemicals Are the Most Significant Barrier to the Growth of the Market

The high prices of green chemicals as well as the availability of much cheaper alternatives like synthetic chemicals may hamper the growth of the market. In addition, the lack of awareness and commercialization of bio-based products may restrict the growth of the market. Moreover, the R&D for green chemicals is time-consuming as well as requires high investment which may restrict the growth of the market.

Key Topics Covered in the Report:-

Snapshot of the Global Green Chemicals Market

Industry Value Chain and Ecosystem Analysis of the Green Chemicals Market

Market size and Segmentation of the Global Green Chemicals Market

Historic Growth of the Overall Global Green Chemicals Market and Segments

Competition Scenario of the Green Chemicals Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Green Chemicals Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Green Chemicals Market

Future Market Forecast and Growth Rates of the Global Green Chemicals Market and by Segments

Market Size of End-User/End-User Segments with historical CAGR and Future Forecasts

Analysis of the Green Chemicals Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Production/Supply and Consumption/Demand Hubs in Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Green Chemicals Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report:-

Cargill, Incorporated

Mitsubishi Chemical Group Corporation.

BASF SE

DuPont

DSM

Evonik

 Plantic

Bayer Material Science AG

Verdant Law

Arkema

Notable Emerging Companies Mentioned in the Report

Bio-Kleen Products, Inc.

Palmer Industries, Inc.

Thermafiber, Inc.

Vertec BioSolvents Inc.

Total Corbion PLA

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

Green Chemicals Manufacturers

Chemical Manufacturers

Bio-Alcohol Manufacturers

Packaging Manufacturers

Research & Consulting Firms

Research and Development Associations

Investment Banking & Financial Institutes

Research & Development Institutes for Green Chemicals

Green Chemicals Providers

Green Chemicals Research Organizations

Green Chemicals Suppliers

Investors in Green Chemicals Start-ups

Green Chemicals Distributors

Government Ministries and Departments of Chemical Industry

Chemical Industry Regulatory Bodies

Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Green Chemicals Market

3 Key Insights on US$ 20 Bn Opportunity in the Global Edge Computing Market: Ken Research

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Edge computing demand is anticipated to increase as a result of the rollout of 5G and rising demand for decentralized data processing capability, the Global Edge Computing Market is forecasted to reach nearly US$ 20 Bn by 2028 says Ken Research Study.

Edge computing adds to the organization's complexity by allowing a broad group of stakeholders to maintain IT infrastructures, networking, software development, traffic distribution, and service administration. Edge further blends networking architecture, software, and hardware solutions to address a range of use cases across numerous industries. The development of edge computing is still in its early stages. Although it’s operational and deployment models have not yet developed, edge computing is anticipated to present considerable growth opportunities for new entrants in the coming years.

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

1. Growing demand for real-time, automated decision-making solutions and low-latency processing

For businesses adopting cloud infrastructure in the current business environment, lowering service access latency and data transmitted to the cloud are essential requirements. A data packet's latency in a computer network is the amount of time it takes to transit.

A higher data transfer rate results from lower latency. Many applications, such as content delivery, remote monitoring of oil and gas fields, and manufacturing facilities, are also delay-sensitive and demand real-time calculation. Through localized processing, edge computing lowers the latency of these applications and enables real-time calculation for quicker decision-making.  Edge computing also aids in boosting the performance of applications and the effectiveness of businesses by reducing operating costs. This is accomplished by getting rid of the expenses related to pointless transmission to and storage at centralized data centers or the cloud.

According to Ken Research estimates, the Global Edge Computing Market – valued at around US$ 3 Bn in 2017 and estimated to reach nearly US$ 8 Bn by 2022 – is expected to grow to around US$ 20 Mn opportunity by 2028.

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2. The Introduction of the 5G Network Is Propelling the Market Growth

Edge computing is projected to benefit greatly from the ongoing development of 5G networks and their progression. With the rollout of the 5G network, the number of linked devices is predicted to significantly expand. Additionally, it is anticipated that the connected devices and 5G networks would place a significant data burden on physical data centers, increasing the need for capacity and lowering latency. The market is therefore expected to experience significant development prospects as a result of all these reasons.

3. Initial infrastructure CAPEX is hampering the market growth

Businesses are progressively moving toward digitization by implementing cutting-edge technologies to streamline and speed up their operational procedures. Through localized processing, edge computing has the potential to lower data transport and storage costs, yet investing in edge infrastructure still increases businesses' CAPEX. Edge nodes, edge devices, and edge data centers would demand significant investment from businesses seeking comprehensive edge computing solutions.

Additionally, they would have to spend more money securing all of the network's devices. As a result, many content delivery companies are hesitant to move closer to the edge to achieve low-latency processing.

Key Topics Covered in the Report: -

Snapshot of the Global Edge Computing Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Edge Computing Market

Historic Growth of the Overall Global Edge Computing Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Edge Computing Industry

Overview, Type Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Edge Computing Market

Future Market Forecast and Growth Rates of the Total Global Edge Computing Market and by Segments

Market Size of Application Segments with Historical CAGR and Future Forecasts

Analysis of Global Edge Computing in Major Regions

Major Type/Supply and Consumption/Demand Hubs within Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

General Electric Company

IBM Corporation

Intel Corporation

Microsoft Corporation

SAP SE

Amazon Inc.

Huawei Technologies Co. Ltd.

Hewlett Packard Enterprise Development

Honeywell International Inc.

Google LLC

Notable Emerging Companies Mentioned in the Report

EdgeConnex Inc.

ClearBlade

Digi International

Axellio

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

Edge Computing Companies

Edge Computing Association

Cloud Server Manufacturers

Networking Equipment Manufacturers

Research & Development Institutes for Edge Computing

Edge Computing Manufactures

Technology Research Associations

Edge Computing Solution Suppliers

Edge Computing Component Providers

Investment Banks Targeting Edge Computing Market

PE and VC Firms Targeting Edge Computing Industry

Government Ministries and Departments of Information Technology

Government Ministries and Departments of Communications Industry

Potential Entrants into Edge Computing Industry

For more insights on the market intelligence, refer to the link below: -

Global Players in Edge Computing Industry

3 Key Insights on US$ 2,000 Mn Opportunity in the Global Quantum Computing Market: Ken Research

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The need for quantum computing is primarily driven by rising data center workloads, increasing preference for software-as-a-service (SaaS) business models, and increasingly complicated processor designs for traditional binary computing systems, the Global Quantum Computing Market is forecasted to reach nearly US$ 2,000 Mn by 2028 says Ken Research Study.

Quantum computing is a branch of computer science that uses quantum theory ideas. It is a cutting-edge technology that is quickly taking off that uses quantum mechanics to solve more challenging issues than classical computers can handle. In terms of speed, bits, and data, quantum computing has been employed for computation. While traditional computing only uses two bits—0 and 1—the system makes use of all possible states between 0 and 1, producing better results and processing data more quickly. The system's primary application is to compare various solutions and choose the best one for a challenging issue.

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

1. Governments are increasing their Investments in Quantum Computing Technology to Support Growth.

To encourage businesses and end users to take use of the capability of these technologies, governments around the world are investing heavily in quantum technology. Additionally, they pledge significant money to improve domestic quantum technologies.

For instance, China has made significant investments in various computing technology R&D. It has announced funding of over US$ 15 billion, which is expected to be more than all other countries combined. The governments of Australia, the United States, and the industrialized countries in the European Union are all pursuing computing-related initiatives.

According to Ken Research estimates, the Global Quantum Computing Market – valued at around US$ 200 Mn in 2017 and estimated to reach nearly US$ 500 Mn by 2022 – is expected to grow to around US$ 2000 Mn opportunity by 2028.

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2. An Increase in Strategic Alliances will Drive Market Expansion

The industry leaders are boosting their investments in quantum technologies while also looking for appropriate alliances and partnerships to advance computing, create useful applications, and build a future quantum workforce. By using this approach, businesses can integrate the greatest aspects of their concerns and capabilities with those of other well-known partners and technologies. This will enable businesses to produce superior solutions quickly and at scale.

To improve their quantum capabilities, several, including Riverlane, Google LLC, and Pasqal, are working with quantum professionals all across the world. For example, Riverlane and Rigetti Computing teamed together in June 2022 to work on syndrome extraction using superconducting quantum computers. Similar to this, Pasqal and Qu&Co agreed to merge into a single business in January 2022 that will operate under the Pasqal name and have its headquarters in Paris.

3. Lack of skilled professionals is hampering the market growth

Quantum computing is an innovative and promising technology. A group of experts with the necessary technical knowledge is needed for the deployment of this technology. As a result, the sector players face a substantial issue in hiring professionals with the necessary skill set. To address the problem of a shortage of qualified specialists, governments from many nations and quantum computer manufacturers plan to launch training programs. For instance, D-Wave Systems Inc. offers training materials to its clients so they are aware of how quantum computers work.

However, the price of such modules poses a significant obstacle for companies looking to teach their staff. Furthermore, these components are complicated, it takes time and effort to understand them. Therefore, quantum computer producers must lower their profit margins by making additional investments in various post-sales operations.

Key Topics Covered in the Report: -

Snapshot of the Global Quantum Computing Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Quantum Computing Market

Historic Growth of the Overall Global Quantum Computing Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Quantum Computing Industry

Overview, Type Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Quantum Computing Market

Future Market Forecast and Growth Rates of the Total Global Quantum Computing Market and by Segments

Market Size of End-user Segments with Historical CAGR and Future Forecasts

Analysis of Global Quantum Computing in Major Regions

Major Type/Supply and Consumption/Demand Hubs within Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

Intel Corporation

Atos SE

IBM Corporation

Quantum Circuits, Inc.

Microsoft Corporation

Google

Accenture

Toshiba Corporation

Hitachi Ltd

Huawei

Notable Emerging Companies Mentioned in the Report

Zapata Computing, Inc.

Strangeworks, Inc.

Magiq Technologies Inc.

Qxbranch, LLC

Honeywell Inc.

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

Quantum Computing Companies

Quantum Computing Association

Cloud Server Manufacturers

Networking Equipment Manufacturers

Research & Development Institutes for Quantum Computing

Quantum Computing Systems Manufacturers

Technology Research Associations

Quantum Computing Solution Suppliers

Quantum Computing Component Providers

Investment Banks Targeting Quantum Computing Market

PE and VC Firms Targeting Quantum Computing Industry

Government Ministries and Departments of Information Technology

Government Ministries and Departments of Communications Industry

Potential Entrants into Quantum Computing Industry

For more insights on the market intelligence, refer to the link below: -

Global Quantum Computing Market Analysis

3 Key Insights on the US$ 5 Bn Opportunity in Global 3D Bioprinting Market: Ken Research

 Driven by the Rising Demand for 3D Printing Technology in Healthcare and Pharmaceutical Sectors, The Global 3D Bioprinting Market is forecasted to Cross US$ 5 Bn By 2028 says Ken Research Study.

3D bioprinting is a technology where bioinks, mixed with living cells, are printed in 3D to construct natural tissue-like three-dimensional structures. This technology can be used in various research areas, such as tissue engineering and new drug development.

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

1. Increasing Use of 3D Bioprinting in Pharmaceutical and Cosmetology Industries Provide an Opportunity for the Market Growth
According to Ken Research Analysis, the Global 3D Bioprinting Market was valued at ~US$ 1 billion in 2017. It is estimated to be ~US$ 2 billion in 2022 and is forecasted to reach a market size of ~US$ 5 billion by 2028, growing at a CAGR of ~15% from 2022 to 2028.

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Several pharmaceutical companies are increasingly adopting 3D bioprinting products and technologies in the drug discovery and development process. The 3D bioprinting method enables companies to test drugs safely and at lower costs as compared to the traditional drug testing method.

The use of 3D bioprinting increased in the cosmetics industry, with growing awareness of this technique among users. For instance, the European Commission banned animal testing for cosmetic products, as a result, a number of cosmetic and wellness industries have adopted 3D bioprinting to develop novel 3D tissue models as well as drug testing approaches.

2. The Rising Global Demand for Organs Transplants is Fuelling the Market Worldwide

3D printing is gaining popularity in the healthcare industry due to the potential to develop complex solid organs such as hearts, kidneys, and lungs for the purpose of transplantation. As opposed to the conventional replacement of failing or damaged organs, 3D-printed organs are unlikely to pose any hazards as there is the utilization of cells taken from the patient’s body.

3D bioprinting has great potential in the medical field, as it allows medical professionals to replace broken bones and develop new organs for transplantation. It also enables the printing of prosthetic limbs, which can be replaced in patients with missing limbs. Moreover, the 3D printing process enables faster development of organs and tissues as compared to the traditional process.

The graph below represents the total number of organ transplants performed vs the number of patients waiting for the transplants:

3. Difficulty in Process Control and the High Cost of 3D Bioprinters are the Major Challenges Faced by the Market

Consistency in the additive manufacturing process is altered between machines due to uncontrolled process variables and material differences. There is only limited data available regarding process control, so the capacity to develop detailed and accurate mathematical models through additive manufacturing has become difficult.

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The 3D printers are very expensive compared to other printer models. One of the major factors is due to the initial investment to attain the 3D printer equipment. The factors such as material, model complexity, and labor affect the price of 3D printing. 3D printing can cost anywhere from $3 up to thousands of dollars.

The graph below represents some 3D bioprinters with their respective prices:

Key Topics Covered in the Report

• Snapshot of Global 3D Bioprinting Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global 3D Bioprinting Market
• Historic Growth of Overall Global 3D Bioprinting Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global 3D Bioprinting Industry
• Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global 3D Bioprinting Market
• Future Market Forecast and Growth Rates of the Global 3D Bioprinting Market and Segments
• Analysis of Global 3D Bioprinting Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Organovo Holdings, Inc.
• Inventia Life Science
• Poietis
• VIVAX BIO, LLC
• CYFUSE BIOMEDICAL K.K.
• 3D Bioprinting Solutions
• CELLINK
• BICO - THE BIO CONVERGENCE COMPANY
• CollPlant Biotechnologies Ltd.
• Aspect Biosystems Ltd.

Notable Emerging Companies Mentioned in the Report

• Organovo
• Prellis Biologics
• Pandorum Technologies
• Regenovo Biotechnology

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

• 3D Bioprinting Manufacturers
• 3D Bioprinting Suppliers
• 3D Bioprinters Manufacturers
• Bioinks Manufacturers
• Living Cells Suppliers
• Hydrogels Suppliers
• Extracellular Matrices Suppliers
• 3D Bioprinting Distributors
• Emerging and Startup Companies in 3D Bioprinting
• Different Types of 3D Bioprinting Manufacturing Hubs
• Government Departments of Healthcare
• Government Departments of Pharmaceuticals
• Ministries and Departments of Bio-based Materials
• Importers and Distributors of 3D Bioprinting

Period Captured in the Report

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

For more insights on the market intelligence, refer to the link below: –

Global 3D Bioprinting Market: Ken Research

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3 Key Insights on ~US$ 150 Bn Opportunity in the Global Mental Wellness Market: Ken Research

 The Rising Incidence of Mental Illnesses/Disorders Such as Depression, Anxiety, And Eating Disorders Will Serve as the Primary Driver of the Expansion of the Global Mental Wellness Market, which is forecasted to Cross ~US$ 150 Bn by 2028 says Ken Research Study.

The ability to manage life's stressors, recognize one's potential, do well in school and at work, and give back to one's society are all qualities of mental health. It is a crucial element of health and well-being that supports the individual and group’s capacity to decide, form connections, and influence world individual and group capacity to decide, form connections, and influence world humans live in.

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

1. Mental Wellness Market Growth Is Fueled By The Growing Shift In Stress Management Awareness.

Both a person's physical health and mental stability are negatively impacted by stress. Stress management is growing more popular since it affects people's ability to function well, think clearly, and enjoy life. The majority of people deal with stress on a daily basis, even at work. Workplace stress that is too much has a severe effect on employees' efficiency, productivity, and mental and physical health. As a result, stress management at work has gained significance in the healthcare industry which is boosting the growth of the mental wellness market.

According to Ken Research estimates, the Global Mental Wellness Market – valued at around ~US$ 75 billion in 2017 and estimated to reach nearly ~US$ 100 billion in 2022 – is further expected to grow to around ~US$ 150 billion opportunity by 2028.

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2. Growing Rates Of Mental Illness And Disorders Are Propelling Market Expansion.

People are very stressed out as a result of the heated competition in today's environment. Acute stress, migraines, and depression are unfavorable outcomes of the modern lifestyle, which are connected to improper eating habits, inactivity, on-the-go snacking, sleep deprivation, and an increase in workload. The market for global mental wellness will be driven by mental wellness since it helps people feel less stressed, sleep better, and can be used in at-home care settings. The number of persons seeking mental health services has increased as a result of the rising understanding of the mental disease, its impact on the body, and how it affects a person's entire well-being. The rising number of people looking to improve their mental wellness will also be influenced by the aging population.

For instance, According to the World Health Organization (WHO) reported in March 2022 that the prevalence of anxiety and despair increased significantly by 25% worldwide in the first year of the COVID-19 pandemic. 90% of the countries polled had previously incorporated mental health and psychosocial support into their COVID-19 response plans due to worries about potential increases in mental health issues, but there are still significant gaps and worries.

According to the World Health Organization (WHO) reported in September 2021 that an estimated 3.8% of the world's population suffers from depression, with 5.0% of adults and 5.7% of persons over 60 years old being affected. Around 280 million individuals worldwide suffer from depression.

3. Market Expansion Is Constrained By High Therapy and Treatment Costs.

The western influence on mental wellness had resulted in the construction of institutions that offer expensive therapies and treatments for mental health that are out of the reach of the normal citizen. The high expense of mental health will constrain its acceptability to the majority of people and hinder the expansion of the industry.

For Instance, within USA, depending on the diagnosis and treatment for Mental Wellness the Traditional treatment cost per session ranges from $100 to $200 and most virtual treatment sessions cost between US$ 60 and US $90 per session.

Key Topics Covered in the Report: -

Snapshot of Mental Wellness Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Mental Wellness Market

Historic Growth of the Overall Mental Wellness Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Mental Wellness Market Industry

Overview, Disorder Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Mental Wellness Market

Future Market Forecast and Growth Rates of the Total Mental Wellness Market and by Segments

Market Size of Segments with Historical CAGR and Future Forecasts

Analysis of the Mental Wellness Market in Global Regions

Major Mental Wellness Type/Supply and Consumption/Demand Hubs in the Region

Region-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within the Region

Notable Key Players Mentioned in the Report

Acadia Healthcare

Amare Global

Ascension

Behavioral Health Network, Inc.

CVS Health

CareTech

Headspace Inc.

Promises Behavioral Health

Pyramid Healthcare Inc.

Universal Health Services

Notable Emerging Companies Mentioned in the Report

Wysa

MindPeers

Gratitude

YourDOST

Jeeva

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

Manufacturers and Suppliers of Brain Health Supplements

Consultants for Brain Health Supplements

Distributors of Supplements for Brain Health

Brain Health Supplements Companies

Mental Wellness Service Providers

Wellness Solutions Companies

Wellness Products Nutritional Supplement Industries

Wellness Product Manufacturers and Raw Material Suppliers

Suppliers of Raw Materials for Nutritional Supplements

Health Supplements Organizations, Forums, Alliances, and Associations

Mental Wellness Research Organizations, and Consulting Companies

Health Regulatory Organizations and Government Agencies

Government Ministries and Departments of Healthcare

PE and VC Firms focused on Wellness Industry

Startups and Potential Entrants into Wellness Industry

Time Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

Global Mental Wellness Service Market Analysis

3 Key Insights on US$15 Billion Opportunity in Global Disposable Gloves Market: Ken Research

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Driven by the Covid19 Pandemic, Rising Concerns over Health and Infectious Diseases, Public Health Initiatives Sponsored by the Government, and Rising Demands from Multiple Industries, Global Disposable Gloves Market is forecasted to cross US$15 Bn by 2030 says Ken Research Study

Gloves are pieces of clothing that cover a part of our hands. Disposable gloves are use-and-throw products that can reduce the spread of infection. Natural rubber latex, nitrile, and vinyl are among the widely used disposable glove varieties available in the market. These gloves are majorly used in the healthcare industry, including hospitals, clinics, dental facilities, EMS, and others. However, since the Covid19 pandemic, awareness about wearing gloves has spread among other industries as a mandatory precaution. Such industries include food processing, restaurant chains, chemicals, automotive aftermarket, and others. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

According to Ken Research estimates, the Global Disposable Gloves Market – which grew from around US$7 Billion in 2019 to nearly US$10 Billion in 2022 – is expected to grow further into a more than US$15 Billion opportunity by 2027.

1. Global Disposable Gloves Market Witnessed Growth During and Since the Breakout of the COVID-19 Pandemic

The Global Disposable Gloves Market is expected to witness significant growth during the forecast period due to the Covid19 pandemic, and increasing demand for PPE (Personal Protective Equipment) kits. In addition, the active participation of national governments across regions with WHO (World Health Organisation) and other health associations on the global and country-level is expected to help spread awareness regarding the importance of personal safety equipment. Increasing Covid19 infection also led to a surge in surgeries, resulting in a surge in demand for disposable gloves. In 2020, Germany led the charts in surgical procedures conducted throughout the world with 858,553 surgeries in a year, followed by Korea (702,621), and France (748,940).

2. Per Capita Health Spending Was Already On a Rise, Even Before the COVID-19 Pandemic Broke Out

The worldwide outbreak of the COVID-19 pandemic definitely boosted the market for disposable gloves along with the larger market for Personal Protective Equipment. Public health campaigns played a significant role in making people aware of the positive impact of disposable gloves. However, the global numbers for health expenditure per capita were already on a consistent rise before the pandemic broke out. The spread of the virus added to the growth by making people more conscious about the ramifications wearing gloves could bring.

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3. Fluctuating Rubber and Other Commodity Prices amid Global Political Tension Can Hamper the Growth of the Market

Rubber is the key material used in disposable gloves, and the prices of rubber have been fluctuating widely over the past few years. Moreover, with rising global tension, commodity prices over the world are getting affected due to the bans on export and import.

Increased demand and inadequate supply result in higher prices. According to available industry data, the value of rubber glove imports to the US in 2021 reached US$7 billion, up from US$2.3 billion in 2020.

Key Topics Covered in the Report:-

Snapshot of Global Disposable Gloves Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Disposable Gloves Market

Historic Growth of Overall Global Disposable Gloves Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of Global Disposable Gloves Industry

Overview, Product Offerings, and SWOT Analysis of Key Competitors

Covid 19 Impact on the Overall Global Disposable Gloves Market

Future Market Forecast and Growth Rates of the Total Global Disposable Gloves Market and by Segments

Market Size of Application / End User Segments with Historical CAGR and Future Forecasts

Analysis of Global Disposable Gloves Market

Major Production / Consumption Hubs in the Global Disposable Gloves

Major Production/Supply and Consumption/Demand Hubs in Each Major Regions

Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Profiled in the Report:-

Ansell Ltd

Hartalega

Top Glove Bhd

Rubberex

Kossan Rubber Industries

Cardinal Health Inc

Sempermed

Sri Trang Gloves

Care Plus

Supermax Corporation Berhad

Synthomer Plc

Comfort Rubber Gloves Industries

Notable Emerging Companies Mentioned in the Report:-

Cullinan Gloves

Sara Health Care Pvt Ltd.

Amkay Products Pvt Ltd.

Medlis Healthcare Pvt Ltd

Anhui Tianyuan Latex Technology Co.

Dentopia Sdn Bhd.

American Nitriles

LifeMedz

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

Disposable gloves manufacturer companies

Disposable gloves distributors

Disposable gloves material supplier companies

Potential investors in disposable gloves companies

Disposable gloves association

Utilities sector organizations

Healthcare sector companies

PPE manufacturing companies

Research & development institutes

PE and VC Firms in Healthcare

Consulting companies in the health and hygiene sector

Disposable gloves component providers

Nitrile and latex gloves manufacturers

Government and research organizations

Investment banks & funds

Investors and financial community professionals

Healthcare Regulatory Authorities

Time Period Captured in the Report:-

Historical Period: 2019-2021

Forecast Period: 2022-2030F

For more insights on the market intelligence, refer to the link below:-

Global Disposable Gloves Market

3 Key Insights on the US$ 25 Billion Opportunity in the Global Medical Polymer Market: Ken Research

 Driven by the growing number of diseases, and surging investment in medical infrastructure. The Global Medical Polymer Market is forecasted at approximately US$ 25 Bn by 2028 says Ken Research Study

Medical polymer is a material arranged into elastomers, filaments, and saps. Medical grade polymers are an essential part of the new-gen medical and healthcare system. These materials are specifically engineered and manufactured for medical use under global regulatory requirements. Medical-grade polymers are used in manufacturing medical devices, medical packaging, medical wear, cleanroom supplies, mobility aids, implants, wound care, denture-based materials, and others.

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

1. Growing Investment in Healthcare Industry Worldwide, is a Driving Factor for This Market.

According to Ken Research Analysis, the global medical polymer market was valued at US$ 10 billion in 2017, it is estimated to be ~US$ 15 billion in 2022 and is forecasted to reach a market size of ~US$ 25 billion opportunities by 2028.

As per Canadian Institute for Health Information, total health spending in Canada is expected to reach US$ 308 billion in 2021. It is anticipated that health spending will represent 12.7% of Canada’s gross domestic product (GDP).

The Indian Government is planning to introduce a credit initiative program worth US$ 6.8 billion to boost the country’s healthcare infrastructure. The program will allow firms to leverage the fund to expand hospital capacity or medical supplies.

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The growing investment and initiative towards the healthcare industry are likely to boost the medical components, implants, medicine packaging, and others. Furthermore, increased investment in medical devices is likely to boost the medical polymer market.

2. Increasing Geriatric Population, is Likely to Fuel the Medical Polymer Market Growth.

According to The American Geriatric Society, ~30% of the 65-plus patient population will need to be cared for by a geriatrician, and each geriatrician can care for a patient panel of 700 older adults. ~30,000 geriatricians will be needed by 2030 to care for about 21 million older Americans.

As per the USA Department of Economics and Social Affairs, World Population Ageing 2017 publication, stated that the global population aged 60 years or over numbered 962 million in 2017, more than twice as large as in 1980, when there were 382 million older persons worldwide. The number of older people is expected to double again by 2050 when it is projected to reach nearly 2.1 billion.

The rise in the geriatric population requires serious medical conditions and healthcare needs, thereby fuelling the market growth of medical polymers. A rise in the aging population is also surging chronic diseases worldwide, which is escalating the demand for medical devices and products.

3. High Raw Material Prices, is Likely to Hamper the Growth of the Medical Polymer Market.

Enerdata, an energy intelligence company, stated in a report that global crude oil output rose by less than 1% in 2021 after a 7.4% drop in 2020. International oil prices rose by almost 70% in 2021.

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Synthetic polymers like polyethylene (PE), polypropylene (PP), nylon, polyester (PS), polytetrafluoroethylene (PTFE), and epoxy (plastics), are produced from petroleum hydrocarbons. Highly fluctuating prices and lower production of crude oil is a restraining factors for the medical polymer market.

Key Topics Covered in the Report

• Snapshot of the Global Medical Polymer Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Medical Polymer Market
• Historic Growth of the Overall Global Medical Polymer Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Medical Polymer Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Medical Polymer Market
• Future Market Forecast and Growth Rates of the Total Global Medical Polymer Market and by Segments
• Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Medical Polymer 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

Major Players Mentioned in the Report

• BASF SE
• Evonik Industries AG
• Covestro AG
• Kraton Corporation
• Eastman Chemical Company
• SABIC
• Celanese Corporation
• DSM
• Arkema
• INEOS

Notable Emerging Companies Mentioned in the Report

• Cocoon Biotech
• ADBioplastics
• BioMed Element
• XAMPLA
• Cypris Materials

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

• Medical Polymer Manufacturing Companies
• Medical Polymer Marketing Companies
• Medical Polymer Material Suppliers
• Potential Investors in Medical Polymer Companies
• Bio Polymer Manufacturers
• Medical Packaging and Component Manufacturers
• Consulting Companies in the Chemical and Healthcare Market
• Government And Research Organizations Working in the Chemical and Healthcare Industries
• Investment Banks Targeting the Chemical and Healthcare Industry
• Medical Machine and Equipment Manufacturers
• Medical Plastics Manufacturers
• Laboratory Equipment Manufacturers
• Healthcare Products Manufacturers
• Medical Device Packaging Manufacturers
• Plastics Chemical Manufacturers
• Organic Polymers Manufacturers
• Medical Implant Packaging Manufacturers
• Medical Soft Goods Manufacturers
• Biopharma Devices Manufacturers
• Government Healthcare Departments

Time Period Captured in the Report

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

For more insights on the market intelligence, refer to the link below: –

Global Medical Polymer Market: Ken Research

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Global Solid-State Battery Market is expected to record a positive CAGR of ~30% during the forecast period (2022-2028): Ken Research

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Driven by the rising demand for solid-state batteries due to their high energy density for various applications along with increased research and development activities for solid-state batteries, the Global Solid-state Battery Market is Forecasted to reach nearly US$ 3,000 Mn by 2028 says Ken Research Study.

A solid-state battery uses a solid as an electrolyte and has high energy density, better stability, and is safer in comparison to lithium-ion batteries. Different kinds of electrolytes could be used to increase the efficiency of a solid-state battery. Solid-state batteries are less expensive, safer, and more durable.

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

1. High Energy Density of Solid-state Batteries Encourage Market Growth

The increase in research and development for the solid-state battery to improve their efficiency is boosting the growth of the solid-state battery market in the forecasted period. The solid-state battery offers high performance, has a longer life, cheaper battery costs, and other is increasing its adoption in various sectors is anticipated to propel the growth of the market. However, the high manufacturing cost of solid-state batteries may hamper the growth of the market.

According to Ken Research estimates, the Global Solid-state Battery Market – valued at around US$ 200 Mn in 2017 and estimated to reach nearly US$ 700 Mn by 2022 – is expected to grow to around US$ 3,000 Mn opportunity by 2028.

2. Increasing Adoption of Solid-state Battery in Electric Vehicle is Driving the Market Growth

The rising demand for the solid-state battery for electric vehicles is anticipated to aid the growth of the market. Moreover, the high investment in research and development of solid-state batteries along with the increasing partnership between battery manufacturers and automobile companies is expected to bolster the growth of the global solid-state battery market.

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The below graph depicts the increase in electric vehicle registration in China.  

3. Difficulty in the Manufacturing Process of Solid-state Battery Is the Most Significant Barrier to the Growth of the Market.

The difficulty in the manufacturing process of solid-state batteries, as well as the requirement of high investment for R&D and manufacturing of solid-state batteries, may hamper the growth of the market. In addition, the availability of other substitutes at cheaper cost such as graphene batteries, fluoride batteries, sand batteries, ammonia-powered batteries, and lithium-sulfur batteries may restrict the growth of the market.

Key Topics Covered in the Report

• Snapshot of the Global Solid-state Battery Market

• Industry Value Chain and Ecosystem Analysis of the Solid-state Battery Market

• Market size and Segmentation of the Global Solid-state Battery Market

• Historic Growth of the Overall Global Solid-state Battery Market and Segments

• Competition Scenario of the Solid-state Battery Market and Key Developments of Competitors

• Porter’s 5 Forces Analysis of the Global Solid-state Battery Industry

• Overview, Product Offerings, and Strategic Developments of Key Competitors

• COVID-19 Impact on the Overall Global Solid-state Battery Market

• Future Market Forecast and Growth Rates of the Global Solid-state Battery Market and by Segments

• Market Size of Application/Application Segments with historical CAGR and Future Forecasts

• Analysis of the Solid-state Battery Market in Major Regions

• Major Production / Consumption Hubs in the Major Regions

• Major Production/Supply and Consumption/Demand Hubs in Each Region

• Major Country-wise Historic and Future Market Growth Rates of the Total Solid-state Battery Market and Segments

• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

• Cymbet

• TOYOTA MOTOR CORPORATION

• Robert Bosch GmbH

• Solid Power Inc.

• Excellatron

• BrightVolt Inc.

• SK Innovation Co. Ltd

• STMicroelectronics

• Total Energies

• StoreDot

Notable Emerging Companies Mentioned in the Report

• QuntumScape Corporation

• Factorial Inc

• Gangfeng Lithium Co Ltd

• Prieto Battery

• Dyson Ltd.

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

• Solid-state Battery Manufacturers

• Electric Vehicle Manufacturers

• Electronic Manufacturers

• Wearable Device Manufacturers

• Medical Device Manufacturers

• Research & Consulting Firms

• Research and Development Associations

• Investment Banking & Financial Institutes

• Research & Development Institutes for Solid-state Battery

• Solid-state Battery Providers

• Solid-state Battery Technology Research Organizations

• Solid-state Battery Suppliers

• Investors in Solid-state Battery Start-ups

• Solid-state Battery Distributors

• Government Regulatory Bodies

For more insights on the market intelligence, refer to the link below: –

Global Solid-state Battery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

The evolution of Cold Chain is being driven by the appearance of new companies with a vision of opportunity in the business and aim to capture market share: Ken Research

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Rising Exports and Demand for Perishable Products: Brazil exports only 3% of what it produced. A Majority of beef produced (76%) is consumed domestically. Exports are steadily increasing to destinations including China, Hong Kong, Egypt, United States and EU.

Agribusiness is also on the rise in the country including products like meat, seafood, agriculture etc. which presents huge opportunities for cold chain companies. Efforts are being made to improve the infrastructural situation in the country, Companies are coming up with innovative packaging to increase the shelf life further escalating the exports.

Demand from Pharma and Chemical Sector: Considering the cold chain market, chemical and pharmaceuticals industries are the significant contributors to market growth in Brazil. Brazil imported USD 41.4 billion in chemical products in 2020 for acquisition of more than 51.5 million tons which is a record increase in volume of chemicals imported from 2019. There was a reduction in monetary value but an increase in physical quantities especially considering the serious global and national economic conditions due to COVID-19 pandemic.

Dependence on the Road Sector: Seaways in the country are underutilized, airways are not widely used due to high costs involved whereas railway lines are not extensively connected. This leads to companies being dependent on roadways leading to increased spending, longer delivery times and greater risk of accidents.

Increasing Consumption for Meat and Seafood: The increasing consumption for meat and seafood and other items helped in growing demand for cold chain facilities in Brazil which attributed to the growth of the industry. Businesses accelerating their capacities, using modern technologies, optimising their delivery network, acquiring small players in the market post COVID-19 helped to continue the growth trajectory. Therefore, major cold chain companies invested in expanding their capacities by opening warehouses, adding pallets or acquiring other players operating in the market.

Rising Cost of Operations: It is very difficult for the companies to keep their accounts scaled considering the operational costs of operating the business. Increasing taxes, high investments required in cold storages and reefer trucks, lack of infrastructure causing severe damage among other things make it difficult for companies to maintain profitability.

Analysts at Ken Research in their latest publication “Brazil Cold Chain Market Outlook to 2027- Driven by increasing exports and imports and consolidation of the market by large players" by Ken Research provides a comprehensive analysis of the potential of Cold Chain Industry in Brazil. The rising cold storage goods among the population, along with the growing technological advancement and Government Initiatives, is expected to contribute to the market growth over the forecast period.

Key Segments Covered:-

Brazil Cold Chain Market

By Ownership

Rented

Owned

By End-User Application

Meat and Seafood

Fruits and Vegetables

Dairy Products

Bakery and Confectionary

Pharmaceuticals

Others

By Temperature

Frozen

Chilled

Ambient

By Region

South

Southeast

Northeast

Central-West

North

By Mode of Transport

Sea

Land

Air

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Key Target Audience

Cold Chain Facilities Providers

Frozen products Distributors

Refrigerator Space Manufacturers

FMCG Distributers

FMCG Companies

Global Cold Chain Companies

Technology Companies

Tourism Agencies

Government Bodies & Regulating Authorities

Time Period Captured in the Report:-

Historical Year: 2017-2022P

Base Year: 2022P

Forecast Period: 2023F– 2027F

Companies Covered:-

Comfrio

SuperFrio

Friozem

Brado Logistics

Martini Meat

Arfrio

Brasfrigo

CAP Logistica

AP Logistica Group

Logfrio

localfrio

Libraport Campinas

Key Topics Covered in the Report:-

Brazil Cold Chain Market Overview

Brazil Market Overview

Export and Import Scenario in Brazil

Existing Technologies in Brazil Cold Chain Market

Evolution of Brazil Cold Chain Market

Overview of Roadways Network in Brazil

Overview of Waterways Network in Brazil

Overview of Airways and Railways Network in Brazil

Ecosystem of Brazil Cold Chain Market

Business Cycle and Genesis of Brazil Cold Chain Market

End User Analysis of Brazil Cold Chain Market

Flowchart of Brazil Cold Chain Market

Industry Analysis of Brazil Cold Chain Market

SWOT Analysis of Brazil Cold Chain Market

Major Challenges and Bottlenecks in Brazil Cold Chain Market

Regulatory Framework in Brazil Cold Chain Market

Competitive Landscape in in Brazil Cold Chain Market

Market Share of Major Dental Services Providers in Brazil Cold Chain Market

Detailed Analysis on Brazil Cold Chain Market (Market Size and Segmentation, 2017-2022; Future Market Size and Segmentation, 2023F-2027F)

Market Opportunity and Analyst Recommendations

For more insights on the market intelligence, refer to the link below:-

Brazil Cold Chain Market

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Portugal Cold Chain Market Outlook to 2026F

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South Africa Cold Chain Market Outlook to 2026F

Egypt Facility Management Market Analysis Report and Forecast to 2026: Ken Research

 Adoption of advanced technology and integrated services along with Government Initiatives are contributing to the growth of Facility Management Industry in Egypt: Ken Research

Commercial Segment Led Boom: The retail & commercial sector in the country is majorly demanding hard services for air-conditioned shopping complexes, commercial buildings, offices, and other retail & commercial places. Due to economic development and population growth, the Commercial sector dominated the facility management market.

Nature of Business: A decrease in employment in the rate of migrant population or a reduction in wages is likely to have a direct impact on the industry. Most of the labours engaged in construction and related sectors are working on temporary work visas.

Once the project is over, these workers will be sent back to their countries, leading to reduced transaction volume.

Technological Advancements: Technologies such as IoT, Artificial intelligence, Building information modeling (BIM), cloud computing, biometric systems, and motion detection are being implemented at service locations. Focus on indoor thermal comfort by improving air movement mechanisms in air-conditioned and naturally ventilated buildings, which leads to increased productivity at workplaces. This advancement leads to an edge over the market and pushes it to growth.

Distinctive Strategic Location: The strategic location of Egypt has contributed to making it the main hub between global trade movements, as Egypt is considered the best choice to access the global markets in Europe, Middle East, Africa, and India. 

Egypt has a distinguished location in the international logistics roads as well as Suez Canal, which is considered the most important navigational passage in the world linking the east with the west.

Promising Government initiatives: In addition to transport projects, the government aims to rapidly expand tourism, education, and real estate, facility management market would experience considerable growth. Some of the major construction projects underway in this regard are The Electric Train Project, Monorail Project, and Building More Commercial Ports.

Analysts at Ken Research in their latest publication “Egypt Facility Management Market Outlook to 2026F-Driven By Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure” By Ken Research observe that the Facility Management market is an emergent market in Egypt at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for facility services, distinctive strategic location along with government are initiatives expected to contribute to the market growth over the forecast period. The market is expected to grow at a double digit CAGR during 2021-2026F owing to the rise in the economy of the country, increasing consciousness towards looks, and new government policies.

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Key Segments Covered in the report

EGYPT Facility Management Market

• By Type of Services

• Soft Services
• Hard Services

• By Soft Services

• Housing keeping
• Security
• Landscaping
• Others

• By Hard Services

• Electromechanical Services (including HVAC)
• Operations and Maintenance Services
• Fire Safety and Security Systems

• By Service Type

• Integrated facility management (IFM)
• Bundled services
• Single services

• By End user Sector
• Commercial (Includes Offices, retail, infrastructural)
• Residential
• Industrial

• By Personal Type

• Outsourced Personnel
• In-House Personnel

Key Target Audience

• Factories
• Plants and Industries
• Hotels
• Hospitals
• Malls
• Companies and offices
• Tourism Agencies
• Government Bodies & Regulating Authorities
• Facility management companies
• Real estate companies

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026F

Companies Covered

• JLL
• HASSAN ALLAM
• CFM
• EFS Facilities Services
• Qatar British Business Forum
• IFMA
• KHARAFI NATIONAL
• ENOVA
• EGYFMA
• MEFMA

Key Topics Covered in the Report

• Egypt Real Estate Market Overview, 2021
• Major Real Estate Giga Projects in Egypt
• Egypt Facility Management Market Ecosystem
• Business Cycle, Genesis, and Timeline of Egypt Facility Management Market
• Value Chain & Vendor Selection Process of EGYPT Facility Management Market
• Business Acquisition Process in Egypt Facility Management Market
• Egypt Facility Management Market Size, 2021
• Egypt Facility Management Market Segmentation, 2021
• SWOT Analysis of the Egypt Facility Management Market
• Key Growth Drivers in Facility Management Market in Egypt
• Trends and Developments in Egypt Facility Management Market
• Major Challenges Faced by the Egypt Facility Management Market
• Competition Framework for Egypt Facility Management Market
• Future Outlook and Projections of the Industry, 2021-2026F
• Market Opportunities and Analyst Recommendations

For more insights on the market intelligence, refer to the link below: -

Egypt Facility Management Market Outlook to 2026F- Driven By Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure: Ken Research

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Vietnam Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)