Automated Fare Collection Afc System Market Business Strategies, Segmentation and Growth ,Forecast – 2024 With a CAGR of 11.1%

The need to improve driving experience goes in hand with the necessitation of deploying advanced regulatory systems for traffic and transportation. Automated fare collection (AFC) systems are becoming more popular across transportation authorities as an ideal solution for ticketing passengers.

By improving the efficiency of ticketing systems and streamlining the fare transaction process, automated fare collection systems will soon be observed as an enhanced service arranged by transportation authorities. Persistence Market Research’s latest report projects that the global market for automated fare collection systems will surpass US$ 11.8 Bn revenues towards the end of 2024.

The report, titled “Automated Fare Collection Systems Market: Global Industry Analysis and Forecast, 2016-2024,” illustrates that the global automated fare collection systems market, which is presently valued at US$ 4.7 Bn will surge at 11.1% CAGR during the eight-year forecast period. Factors such as easy installation, low-cost maintenance and compatibility to technological advancements are observed to drive the demand for automated fare collection systems across the globe.

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The market is expected to witness surplus revenue growth on the account of advancements instated in automated fare collection systems. Companies manufacturing such systems are providing additional features that further enhance the user experience, and continue to propel in accordance with transportation authorities.

Cubic Corporation, Thales Group, Xerox Corporation, Eurotech SPA, Nippon Signal Co. Ltd., Advantech Co. Ltd., NEC Corporation, Advanced Card Systems Holdings Limited, Omron Corporation and Scheidt & Bachman GmbH are profiled in the report as leading manufacturers of automated fare collection systems in the world.

Rising adoption of automated fare collection systems is also associated with growing need for advanced transportation solutions. Traffic authorities continue to struggle with old-fashioned transit systems and end up suffering losses worth millions of dollars. Through automated fare collection systems, these authorities will be at an advantage in terms of operational fluency and controlling expenditure budget.

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A majority of automated fare collection systems are availed in the form of hardware. Revenues amassed from sales of AFC hardware have been projected to account for more than 40% share throughout the forecast period. Demand for AFC software will also gain traction, while services will continue to procure consistent share on global market value between 2017 and 2024.

The report reveals nearly half of automated fare collection systems sold across the globe will be installed for buses and light trail transit systems. Train services will be observed as the largest application, with a little over 40% share on global revenues by 2024-end. Likewise, public transport will remain the largest end-user industry for automated fare collection systems in the world, accounting for over three-fourth of global revenues at any point during the forecast tenure. Revenues from sales of automated fare collection systems in private transport circuits will grow at a steadfast CAGR of 11.9%.

The report further reveals that North America and Europe will remain at the forefront, dominating with a collective global revenue share of more than 55%. The Asia-Pacific automated fare collection systems market, on the other hand, is anticipated to showcase a robust value CAGR of 12.4% during the forecast period.

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Consumer Electronics Market Highlights, Notable Developments, Scope, Recent Trends and Forecast to 2031 With a CAGR of 8.7%

Persistence Market Research indicates staggering growth prospects for the global consumer electronics market. The industry is estimated to approach a value of US$ 863 Bn by 2021-end, which is predicted to rise at a CAGR of 8.7% over the next ten years.

Smartphones are expected to remain the dominant consumer electronics product type, whereas Asia Pacific will continue to be the leading region over 2021-2031.

The middle-class population is increasing worldwide, since the past few years. Moreover, urban consumers have been indicating a shift in lifestyle. Growing preference for usage of electronic devices in daily chores is primarily driving the market for consumer electronics.

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Soaring Internet penetration and increasing disposable income are allowing consumers to use multiple electronic devices. This will continue to fuel the market growth over the next few years. Rapid adoption within a short span from their inception is a prominent factor indicating the potential of wearable electronics adoption.

Growing awareness about the benefits of electronic devices will also be a key factor strongly supporting the market growth. Rising popularity of the connected homes concept is likely to push the demand for smart home devices over the forecast period. Smart mobile devices, kitchen appliances, HVAC systems, and intelligent security systems will especially gain traction within the next few years.

With rising government support to digitalization of a variety of services, the market is likely to witness surging promotion and adoption of consumer electronics. Moreover, technological advancements and consistent R&D leading to new product launches will boost the market growth during the forecast period.

Relatively lower technological awareness among consumers in developing regions and higher costs of electronic devices currently available in the market may collectively continue to create a barrier to the growth of the global consumer electronics market.

Recently identified quality issues and technological hazards, especially in smartphones, also play a key role in restricting adoption of smart consumer devices on a global level.

By device type, the global consumer electronics market is segmented into consumer electronic device, wearable device, and smart home device. The three key categories are further sub-segmented.

Among these, the consumer electronics device segment will remain dominant with over 9/10 share of the global market by the end of the forecast period. On the other hand, the smart home device segment is poised to expand at the fastest CAGR through the forecast period.

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This segment will, however, continue to attract the maximum revenues from smartphones sub-segment, followed by PCs sub-segment.

Based on region, the global consumer electronics market is classified as North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. APEJ is anticipated to retain dominance with over 3/10 market value share by 2031 end. While North America followed by Europe, will be the next major markets, APEJ market is foreseen to witness the fastest CAGR.

Key players participating in the highly competitive landscape include Apple Inc., Sony Corporation, Samsung Electronics Co. Ltd., Hitachi Ltd., Toshiba Corporation, LG Electronics Inc., HP Inc., Panasonic Corporation, and Toshiba Corporation.

The market involves a large number of globally established brands as well as newly entering regional brands. Key companies are largely focusing on innovative product launches and cost-effective product development through strategic M&A.

Long-term Outlook

The global market for consumer electronics is projected for a value of US$ 1.23 Trillion by the end of 2031. Over 2021-2031, the market is anticipated to witness stellar growth.

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Automotive Cyber Security Market Insights, Growth, Emerging Trends And Forecast [ 2021-2031] With a CAGR of 7.8%

As per the findings of a new market research report by Persistence Market Research, the worldwide automotive cyber security market reached a valuation of around US$ 5.4 Bn in 2020, and is anticipated to exhibit a CAGR of close to 8% over the next ten years. Usage of telematics services such as information, navigation, safety, security, diagnostics, and entertainment has been increasing in recent years, and is projected to grow at a significant rate over the coming years. Along with this, connected cars and autonomous vehicles will be available globally in the next five to ten years.

Telematics services and connected cars require the Internet for the functioning of some key applications and transferring of data. As such, they are vulnerable to cyber-threats. Automotive cyber security is a system or technology that prevents or protects the systems of a vehicle that are susceptible to any cyber-attack. As more and more vehicles are connected to the Internet, the automotive industry is working closely with Internet service providers, software companies, and others concerned players to provide better cyber security systems to end users.

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Key Takeaways from Study

  • OEMs and cyber security tech players are continuously collaborating with each other to develop advanced cyber security solutions to deal with highly sophisticated attacks.
  • Among the application, ADAS & safety systems are expected to witness high growth, owing to wide adoption in autonomous driving vehicles across the globe.
  • Among the regions, South Asia & Pacific is exhibiting a high growth rate, owing to expected rise in automobile production over the coming years
  • Infotainment systems will continue being the primary contributor to the growth of the automotive cyber security market on a global scale.
  • The market in the U.S. is projected to expand at a CAGR close to 7%, while that in the U.K. at nearly 8% through 2031.
  • Demand for automotive cyber security solutions in India is expected to surge at a CAGR of more than 13% over the next ten years.

“Rise in consumer demand for luxurious features and growing demand for passenger electric vehicles (EVs) would propel growth of automotive cyber security solutions,” says a Persistence Market Research analyst.

Continuous Rise in Number of Automotive ECUs to Drive Market Growth

The last decade has seen a phenomenal increase in the use of electronic components in automotive systems, resulting in the replacement of manual driving vehicles with autonomous vehicles. All these changes have been made possible due to the presence of Electronic Control Units (ECUs). Several types of ECUs are placed inside a vehicle to control various functions, ensuring a smooth and safe driving experience. Some automobile models running today have around 80 different ECUs present in them, and even more than 150 in luxury cars. The application of ECUs is done in a variety of systems in a vehicle, such as ADAS, infotainment, body control, and comfort system, among others, which means massive amount of information or data is been created and processed by an ECU during each drive.

There is a huge role of ECUs in enabling safety and security in every vehicles. Hardware security modules (HSMs) anchor security functions directly in the ECU’s main processors. These are combined with security software stacks to prevent unauthorized access of in-vehicle communications and vehicle control. Increasing adoption of ECUs in vehicles would also increase demand for HSMs modules, resulting in high growth in the automotive cybersecurity market. The HSM segment is expected to dominate the market, and is estimated to account for 43% of the total market value share in 2021.

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Impact of COVID-19 Outbreak

The COVID-19 pandemic has had a swift and severe impact on the global integrated automotive industry. Widespread impact of the pandemic has revealed a significant vulnerability in corporate supply chains. Factory closures, supply chain disruptions, and diminishing demand have all taken their toll. The impact caused global disruption in the exports of Chinese parts, large-scale manufacturing interruptions across Europe, and closure of assembly plants in the U.S.

The automotive industry makes a significant contribution to the global economy. The industry’s annual turnover is equivalent to the world’s sixth-largest economy. However, amid the COVID-19 pandemic, the automotive industry faced a sharp drop in demand and investments. It is estimated that, manufacturing factory closures in Europe and North America caused around 2.2 million passenger vehicles to be removed from production schedules, at a cost of around US$ 70 billion in lost revenue for automotive and parts manufacturing companies. Moreover, as per estimates, the top 20 OEMs in the global auto sector will see profits decline by approximately US$ 100 billion in 2020.

During the outbreak, production as well as development of automotive cyber security products and solutions declined by nearly 6%-8% in Q1-Q2 2020, due to plunging production across Chinese factories, as they are one of the world’s major hardware security product manufacturers and suppliers. However, according to estimates, production has become quite stable from the last two quarters of 2020, and demand has started to gain traction again.

Find More Valuable Insights

Persistence Market Research puts forward an unbiased analysis of the global market for automotive cyber security market, providing historical demand data (2016-2020) and forecast statistics for the period 2021-2031. To understand the opportunities in the market, it has been segmented on the basis of hardware (hardware security modules (HSMs), secure vehicle network gateways, trusted platform modules (TPMs), and others), software (embedded firewalls, encryption & cryptography , biometrics & authentication, and others), services (professional services [security consulting & risk assessment, integration & deployment, and support & maintenance], and managed security services); application (telematics, infotainment systems, powertrain systems, ADAS & safety systems, body control systems, and others), and vehicle (fuel-based vehicles [passenger cars and commercial vehicles] and electric vehicles [passenger cars and commercial vehicles]), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA).

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Ziegler-Natta Catalyst Market Revenue to Witness Rapid Growth in the Near Future

Ziegler-Natta catalysts market are non-transition metals of alkyl aluminium compounds mixed with halides of transition metals like vanadium, chromium, titanium, and zirconium to form polymer

The need for this catalyst is increasing along with the demand for 1-alkene polymers, which are also widely utilised to produce other industrial goods like plastics, elastomers, and rubbers. These polymer by-products are widely employed and in high demand in the industries where they are put to use, which raises the need for polymer catalysts on the global market.

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Because of the property of having various dynamic locales where each site creates an alternate polymer tie assists the impetus to deliver various kinds of polymers with the command over tacticity and the sub-atomic load of the polymer. This extraordinary component of these Impetuses assists it with being perhaps of the most favored impetus and hence helps its interest.

Various purposes of the impetus in the creation of thermoplastic polyolefin, polybutylene, glasslike polypropylene, high and low thickness polyethylene and carbon nano tubes nanocomposites.

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Because of its properties of offering polypropylene to have the component of long isotactic grouping and because of different benefits of being financially savvy than the utilization of different impetuses, request is seeing a flood across locales. Other complex cycles of deactivation and polymer sanitization steps are disposed of with its utilization, in this way prompting the expanded utilization of the item.

Because of the progressing Coronavirus emergency, the interest of polypropylene strands has expanded as it has a significant application in the development of the fundamental N95 veils and as the interest has flooded during the emergency, which thusly is supposed to raise the interest for the Ziegler-Natta impetus which helps in the creation of financially accessible isotactic polypropylene.

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A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Some of the leading manufacturers and suppliers include –

  • Dow Chemical
  • AkzoNobel
  • R. Grace
  • Clariant
  • Albemarle
  • LyondellBasell
  • BASF
  • Evonik Industries
  • INEOS Group Holdings S.A
  • Süd-Chemie India Pvt. Ltd
  • Air Products and Chemicals Inc.
  • Johnson Matthey
  • Toho Titanium
  • Japan Polypropylene
  • Mitsui Chemicals
  • Sumitomo Chemicals
  • China Sinopec Corp
  • Hanwha Total Petrochemical

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Sd Wan Market Research Report [ 2020-2030 ] -Latest Trends, Demand, Growth, Opportunities & Outlook With a CAGR of 32.7%

A software-defined wide area network is a type of computer network that allows the bounding of multiple Internet access resources, such as cables, digital subscriber lines (DSL), and cellular or any other IP transport to provide high throughput data channels. WAN solutions improve application performance, reducing costs, increasing agility, and addressing various IT challenges. Enterprises are adopting SD-WAN solutions for threat protection, efficient offloading of expensive circuits, and simplification of WAN network management. IT infrastructure is rapidly expanding with changing business and technology needs such as security threats, and the adoption of cloud platforms of various branches are anticipated to fuel the growth of the SD-WAN market during the forecast period.

As per the report by PMR, the global SD-WAN market is projected to grow rapidly and reach a valuation of US$ 53 Bn by the end of 2030.

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Key Takeaways from SD-WANs Market Study

  • The appliances segment in the SD-WAN market is expected to gain significant share, owing to increasing adoption of cloud platforms.
  • Increasing need for fast services and app agility, and secure access to cloud applications, is boosting demand for SD-WAN solutions.
  • The enterprise segment by end user is expected to hold a prominent share in the SD-WAN market, owing to the adoption of associated SD-WAN services.
  • Rapid adoption of 5G applications and infrastructure is anticipated to result in significant dominance of North America in the global SD-WAN market.
  • With companies across the world replying more on remote operations due to the COVID-19 pandemic, the global SD-WAN market is set to proliferate extensively from this situation.

“Number of partnerships between service providers and vendors in the SD-WAN marketplace is growing quickly. SD-WAN services offer service providers new opportunities to enhance consumer experience. This factor is expected to increase adoption of SD-WAN during the forecast period,” says a PMR analyst.

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Technology Advancements in SD-WAN Solutions to Boost Market Growth

Growing use of Internet of Things (IoT), cloud, and mobile applications have increased the requirement of edge services. Cloud-based services are attractive centers for deploying IT solutions, as they decrease IT infrastructure costs while hastening the speed of services for organizations. The cloud-based solution segment is expected to witness high demand, due to its wide range of functionalities, such as increased flexibility, automation, and faster services.

More Valuable Insights on SD-WAN Market

A new market research report published by Persistence Market Research (PMR) on the global SD-WAN market includes global industry analysis of 2015–2019 and opportunity assessment for 2019–2030. The report provides valuable insights on the basis of solution (SD-WAN appliances [physical appliances {on-premise}, virtual appliances {cloud}] and services (professional services [integration & deployment, consulting support & maintenance), and managed services]), end user (service providers [telecom service providers, Internet service providers, and others] and enterprises [SMEs and large enterprises]), and industry (BFSI, healthcare, IT & telecom, government, retail & CPG, energy & utilities, manufacturing, and others), across six major regions.

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Expanded Clay Market to Witness Increased Revenue Growth Owing to Rapid Increase in Demand

Additionally, as the efficiency of the built structure grows, it is predicted that demand for sustainable construction materials would rise. Given the aforementioned considerations, expanded clay market is anticipated to have rising demand because it is a component of lightweight concrete.

Lightweight concrete is widely utilised in the construction sector for housing construction, building roads and walls, and creating drainage systems due to its practical qualities, which include the advantage of being an effective and long-lasting aggregate appropriate for a variety of uses.

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Extended dirt totals are broadly being utilized in the field of agribusiness as substrate material for built wetlands given to their phosphate evacuation capacity, conductivity, pressure driven and plant establishing, mechanical strength and its protection from obstructing.

Different makers are laying extraordinary accentuation on the feasible and clean nature of the item as it is completely recyclable, reusable and is decomposable in nature. Because of these unconventional elements, it is utilized for broad and serious rooftop cultivating, which is a quickly developing pattern in the business of inside stylistic layout.

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Expanded clay also has its applications in water treatment facilities and in geotechnical structures such as in railway track support. It helps provide efficient drainage of the structural layers of the road due to its water absorption capacity and excellent thermal insulation.

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Because of the utilitarian properties of lightweight cement with the upside of being proficient and enduring total reasonable for various applications, it is broadly utilized in the development business for house development, building streets and walls, or creating seepage arrangements.

Furthermore, the feasible development material is assessed to increment sought after as it builds effectiveness of the built design. As extended dirt is utilized in the plan of lightweight cement, its market is projected to observe expanding request given the previously mentioned factors.

Some of the leading manufacturers and suppliers of Expanded Clay include 

  • BuzziUnicem
  • Arcosa
  • Laterlite Spa
  • Plasmor
  • Alfa Aggregates
  • CRH PLC
  • Leca Portugal
  • Leca Norway
  • Leca Sweden
  • Leca Poland
  • Leca Denmark
  • Leca Finland
  • LECA IRAN
  • Liapor
  • Argex
  • Shijiazhuang Ningshu Trading Co. Ltd.
  • PingxiangSanhe Ceramics Co. Ltd.
  • Henan Dajia Mining Machinery Co. Ltd.

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Stadium Lighting Market Drivers, End User,Top Key Players, Challenges by 2030 With a CAGR of 11.3%

Stadium lighting is used for illuminating playfields or arenas during the night time or low-light conditions. Stadium lighting is required for both, indoor and outdoor set-ups, and is specifically used more for outdoor purposes, as it brings uniformity, visual comfort, and limiting obtrusive light. These lightings are also specifically needed for games where minute observation, such as fast-moving balls need to be observed. Deployment of stadium lighting allows players to avoid injuries and perform efficiently, and also allows viewers to see the game at its best.

As per a report by PMR, the global stadium lighting market generated a market revenue of US$ 481.3 Mn in 2019, and is expected to expand at a healthy CAGR of more than 11% over the forecast period (20202030).

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Key Takeaways from Stadium Lighting Market Study

  • The lighting control systems segment is expected to gain significant share, due to increased lamp life and energy savings for stadium lighting.
  • Introduction of government regulations will boost demand for LED products, and is creating new growth opportunities for manufacturers and service providers of stadium lighting products.
  • Key players in the stadium lighting market are focusing on acquisitions to complement their product portfolio to cater to the needs of a variety of customers. Market participants are also focusing on providing products directly to end users to improve direct customer relations.
  • The COVID-19 pandemic led to lockdowns across nations, and suspension of all sports activities. However, sporting events are slowly resuming across the world with relevant precautions, which will help market growth going forward.

“Manufacturers in the stadium lighting market space can increase revenues by upgrading existing facilities to improve operational efficiency, reduce operating costs, and adopting IOT in lighting fixtures. Key players are focusing on continuous developments and spending on sports, media, entertainment, and construction industries, which is proliferating opportunities market players,” says a PMR analyst.

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Technological Advancements in Stadium Lighting to Boost Market Growth

Through its special properties such as transparency, surface light source, and flexibility, OLED technology has opened new growth opportunities for major players operating in the stadium lighting market. Some of the major players and start-ups have started manufacturing and offering OLED lighting products for stadium lighting.

For instance, Philips is offering Optivision LED gen3 C lights, which is a complete lighting solution for most complex areas and recreational sports lighting applications. These high-efficiency floodlights come with a single piece die cast housing, hosting 2 and 3 LED engines, respectively.

More Valuable Insights on Stadium Lighting Market

A new market research report published by Persistence Market Research (PMR) on the global stadium lighting market includes global industry analysis of 20152019 and opportunity assessment for 20202030. The report provides valuable insights on the basis of product (lamps [LED lights, high pressure sodium lights, high intensity discharge lights, and others], lighting fixtures, lighting control systems, and others), service (professional services [lighting design & consulting, integration & deployment, installation & repair, and support services], and managed lighting services), and application (stadium indoor lighting and stadium outdoor lighting), across six major regions.

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Vacuum Salt Market to Record Exponential Growth During 2022 to 2029

Vacuum Salt Market: Scope of the Report

The latest report by Persistence Market Research on the global vacuum salt market evaluates the opportunities and current market scenario, providing insights and updates about the corresponding segments involved in the global vacuum salt market for the forecast period of 2019-2029.

The report provides detailed assessment of key market dynamics and comprehensive information about the structure of the global vacuum salt market. This market study contains exclusive insights into how the global vacuum salt market is anticipated to grow over the forecast period.

The primary objective of the global vacuum salt market report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with vacuum salt.

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It is very important to consider that in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to the compound annual growth rate (CAGR) for overall forecast, enabling readers to better understand the analysis and evaluation of the global vacuum salt market, and to discover lucrative opportunities in the market.

This study on the global vacuum salt market also provides an estimate of the global vacuum salt market size and corresponding revenue forecast carried out in terms of absolute $ opportunity. It also offers actionable insights based on future trends in the vacuum salt market.

Furthermore, new and emerging players in the global vacuum salt market can make use of the information presented in the study to make effective business decisions, which will provide momentum to their businesses and the vacuum salt market.

The study is relevant for manufacturers, suppliers, distributors, and investors in the global vacuum salt market. All stakeholders in the global vacuum salt market, as well as industry experts, journalists, and business researchers can leverage the information and data represented in PMR And  study.

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global vacuum salt market 01

 Key Segments of Global Vacuum Salt Market

PMR’s study on the global vacuum salt market offers information categorized into four key segments – end use, application, type, and region.

End User

  • Households
  • Industrial
  • Chemicals
  • Food
  • Oil & Textiles
  • Pharmaceuticals
  • Others

Application

  • Water Softeners & Water Treatment
  • De-icing
  • Anticaking
  • Flavoring Agents
  • Others

Type

  • Granular
  • Fine
  • Briquette
  • Region
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Companies

  • K+S Aktiengesellschaft
  • CIECH S.A.
  • Tata Chemicals Ltd.
  • AkzoNobel N.V.
  • Suedwestdeutsche Salzwerke AG
  • INEOS Group Limited
  • Dominion Salt Limited
  • Cerebos Ltd
  • Cheetham Salt Group
  • ACI Limited
  • WA Salt Group
  • Infosa

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Global Vacuum Salt Market: Research Methodology

PMR is committed to providing unbiased market research solutions to its clients. PMR follows a robust methodology in the deduction of data included in this report. A unique research methodology is utilized to conduct extensive research on the global vacuum salt market and reach conclusions about the future growth factors of the vacuum salt market.

The research methodology uses primary research methods coupled with secondary research methods, which ensure the accuracy and reliability of the conclusions in this report.

A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period.

This methodology is based on the use of standard market structures, methods, and definitions that are based on inputs from local sources in over seven regions, i.e. North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa, which PMR considers for segmenting the global market.

Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level to create global market measurements. Our main sources of research include-

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With at a CAGR of 6.4%, Dental Implants Market Expected to Surpass a Valuation of US$ 7.8 Bn over Forecast Period (2022-2032) – Persistence Market Research

The global dental implants market is valued at US$ 4.2 Bn in 2021, and is expected to surpass a valuation of US$ 7.8 Bn expanding at a CAGR of 6.4% from 2021 to 2031. This intelligence study by Persistence Market Research projects industry insights to give better understanding of the global landscape. Globally, rising aging population has increases the demand for dental implants in the market.

Some of the major drivers which help in increasing demand for dental implants are rising aging population and growing concern for oral healthcare. Rising demand for cosmetic dentistry also supports the growth of dental implants market.

High cost of dental implants surgery in countries such as the U.S. and the U.K. supports the growth of medical tourism in different part of the world including Malaysia, Hungary, Costa Rica, and India. However, limited reimbursements for dental implants surgery are restraining the growth of the dental implants market.

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dental-implants-market

Various technological advancements in dental implants such as Computer Aided Design (CAD), 3D imaging, mini dental implants, laser dentistry, sedation dentistry, and nanotechnology have improved dental surgical procedures.

Europe is the largest market for dental implants due to growing concerns regarding oral hygiene, increasing clinical adoption of dental implants therapy, and technological advancements. Some of the fastest-growing markets for dental implants in Europe are the U.K., France and Germany.

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Titanium implants is the largest material-based segment and is expected to expand at a substantial CAGR over the decade.

The dental implants market in North America is expected to witness moderate growth attributed to aging population, rising awareness about oral health and technological advancement in dental implants surgery procedures. Adoption of advanced dentistry by North American people also plays important roles in driving the growth of the dental implants market.

According to the American Dental Hygienists’ Association (ADHA), approximately 75% of American adults were suffering from various forms of gum diseases in 2008. However, Asia Pacific is the fastest growing dental implants market. Growing concern about oral health and medical tourism are some factors driving the growth of the dental implant in the Asia Pacific market.

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Institut Straumann AG is one of the leading players in the dental implants market. Other major players of dental implants market include Nobel Biocare, DENTSPLY International Inc. and Zimmer dental Inc., 3M Company and Neoss International.

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Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact Us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
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Chromic Acid Market to Offer Increased Growth Prospects for Manufacturers

Chromic acid market is a mixture of concentrated sulfuric acid and dichromate that comprises a number of compounds as well as solid chromium trioxide that are generated during the acidification of solutions. It is also known as chromium sesquioxide, Chromic (VI) acid, tetraoxochromic acid, or chromia. In addition, chromium trioxide can also be dissolved in sulfuric acid to produce chromic acid.

Numerous organic substances, such as ketones and carboxylic acids, can be oxidised using chromic acid. Detergents, glassware washing solutions, plastic coatings, wood preservatives, metal coatings, ceramic glazes, and a number of other items are also produced using it.

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Moreover, chromic corrosive is utilized as an impetus, as well as a long-lasting color called chrome oxide green. Chromic corrosive is likewise utilized as a shading specialist in various applications including glass and ceramic product. Chrome green is the nonexclusive name for one of the four chromium oxides.

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The utilization of chromic corrosive in different businesses like paints and coatings, as well as ceramics, has been significantly developing and in this manner pushing the market for chromic corrosive during the figure time frame. Moreover, the chromic corrosive market is being energized by its broad use in Asia Pacific because of the extension of development exercises.

Glass’ rising use in an assortment of end-use applications is supposed to go on before very long. Furthermore, more the pattern to carry on with an extravagance life in the present time is seen, as would be considered normal to straightforwardly influence the market of Chromic Corrosive, as paint covering has been set as the general public principles in the greater part of the areas.

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Chromic acid is used on ceramics to protect them from extreme heat and breakdowns in a subtle way. This particularly is sort of likely to create lucrative opportunities for the chromic acid market in the next few years.

However, chromic acid can cause burning, skin allergy, eyes with possible eye damage and basically other health hazards. Ergo this and increasing concern related to human health is restricting chromic acid’s usage in paints and coatings application in a definitely major way.

Some of the key market participants in the global chromic acid market, identified across the value chain include:

  • LANXESS AG
  • Sisecam Chemicals
  • MidUral Group
  • Novotroitsk Plant of Chromium Compounds
  • Elementis Plc.
  • Hunter Chemical, LLC
  • Atotech
  • Vishnu Chemicals
  • Chongqing Minfeng Chemical Co., Ltd
  • Hubei zhenhua chemical co., LTD
  • China National Bluestar (Group) Co, Ltd.
  • Sichuan Chemical Group Co., Ltd.
  • Sun Chemical
  • Hebei Chromate Chemical Co., Ltd

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