Antiseptic Bathing Market to Witness a Boom on Account of the Growing Geriatric Population

Increasing cognizance of infections acquired in hospitals in parallel to the rising cases of surgical-site infections (SSI) is considered significant driver underpinning the growth of the global antiseptic bathing market. According to a recent report published by Fact.MR, the global antiseptic bathing market is projected to surpass a value of US$ 549.3 Mn and a promising CAGR of 2.9% by the end of 2026.

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There has been a substantial increase in the recommendation of regulatory bodies and healthcare authorities for the utilization of antiseptic bathing products for preoperative skin cleansing. For instance, the regulatory authorities such as Care Bundles and Royal College of Surgeons suggest the utilization of soap for skin cleansing prior to any surgery. In addition to this, the USA Institute of Healthcare Improvement approves of the Chlorhexidine Gluconate (CHG) soap specifically for the preoperative skin cleansing practices.

Increasing rate of geriatric population and the pervasiveness of diseases such as cardiovascular, diabetes, cancer, dementia, and osteoporosis is anticipated to increase the number of hospitalizations and trigger the growth of the antiseptic bathing market. In addition to this, prolonged period of hospital stay, recurrent surgeries, and readmissions of the patients is driving the demand for antiseptic bathing at the forefront. As a result, the global antiseptic bathing market is expected to grow at an accelerated pace through the forecast period.

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According to the report, the global antiseptic bathing market has been classified into Antiseptic Shampoo Caps, Antiseptic Bathing Solution, Antiseptic Wipes, CHG Solution, and CHG Bath Towels based on the product types. On the whole, CHG Solution is envisaged to be the fastest growing segment in the consolidated antiseptic bathing market with a share of 58.4%, owing to numerous growth drivers.

Proliferated adoption of CHG has been witnessed among the hospitals, on the back of its convenience of use. The CHG solution impregnated into the cloths, bath towels, sponges, and cloths can be used without soaking them into water, thereby, turning into a designated solution especially for the bedridden patients. Extensive utilization of CHG solution has been witnessed in the developed countries, owing to its expensiveness and high per bath cost. However, this high cost has a positive impact on the overall valuation of the global antiseptic bathing market.

Report Summary of the Report: https://www.factmr.com/report/3063/antiseptic-bathing-market

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Natural Food Colors Market – Growing Demand for Natural Food Colors Underpinned by Increased Health Concerns

Health-conscious consumers have consistently eschewed artificial/synthetic food colors, insisting on buying food products with natural food colors. The movement towards natural food ingredients pushed the natural food colors market to surpass US$ 7.5 billion in 2018, according to a Fact.MR study. The study predicts that the natural food colors market will continue to witness robust growth with a mounting number of consumers as well as industry players replacing artificial dyes with their natural counterparts.

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The customer-focused food industry is undergoing significant changes are consumers critically focusing on food ingredients to gauge their nutrition quotient. Manufacturers in the natural food colors market are picking up on the consumer move-away from synthetic food colors as well as artificially colored food products to capture more sales opportunities.

The Fact.MR study attributes the increasing growth of the food & beverage industry in the Asia Pacific region excluding Japan (APEJ) for a significant upsurge in demand for natural food colors in the region. Rapidly-expanding scope of the food & beverage industry in the APEJ region is becoming an important factor to be reckoned with for natural food colors market players.

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The Fact.MR study predicts that the demand for natural food colors will pick up in the latter years of the assessment period. The study also projects that yellow will be the most popular natural food color in the APEJ region, as the carotenoid pigment accounts for nearly 35% revenue share of the natural food colors market in the APEJ region. With a variety of new food and beverage products being launched, the APEJ region will create more lucrative opportunities for natural food color manufacturers in the upcoming years.

The Fact.MR study finds that natural food colors are witnessing burgeoning applications in the beverage sector as it accounts for the largest revenue share in the natural food colors market. With a mounting number of new beverages being introduced each year, the beverage industry is likely create growth potential for natural food colors market, predicts the Fact.MR study.

Application of natural food colors is becoming a part of leading beverage manufacturers’ strategies. Beverage manufacturers are aiming to put their products in the spotlight with the applications of attractive natural food colors, and capitalize on the increasing demand for packaged beverages among the millennial population. As color vibrancy has found place in popular strategies of many beverage companies’, natural food colors are likely to witness amplified demand in the beverage industry; this is laying the groundwork for an emerging trend in the natural food colors market.

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Handheld Laser Distance Meter Market – Resurgent Growth in Construction Industry to Complement Handheld Laser Distance Meter Sales

A recent study by Fact.MR states that nearly 2.4 Mn units of handheld laser distance meters were sold in 2018, and estimates a 2.1% rise in sales of handheld laser distance meters, to cross 2.5 Mn units by 2019. Fact.MR thoroughly assesses various aspects of the handheld laser distance meter market to reach unique conclusions about its growth prospects, and changing demand for handheld laser distance meters across industry verticals.

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The study finds that, in the past few years, distance measurement tools have undergone multiple transformations-all aimed at improving the accuracy, efficiency, and ease of handling the equipment. The study anticipates demand for handheld laser distance meter to remains robust in the building and construction industry, with resurgent rise in the residential and commercial construction activities alike.

“The construction industry has witnessed a considerable growth since the past decade. It is ushering in the digital technological revolution to reduce its heavy reliance on mechanical technology and manual labor. As leading industry players are rethinking long-established practices by shifting to next-generation instruments, such as handheld laser distance meters, to improve the business productivity and sustainability to reshape their competencies. Thereby, the building and construction industry will continue to prove the most lucrative end-user industry in the handheld laser distance meter market,” says Fact.MR.

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Spotting the lucrative sales opportunities, manufacturers in the handheld laser distance meter market are gradually foraying into the construction industry. The Fact.MR study finds that over 1.4 million units of handheld laser distance meters were sold to the building and construction industry in 2018, which is nearly 60% of overall sales.

The study predicts that the building and construction industry will continue to hold the largest volume share in the handheld laser distance meter market in the upcoming decade. Leading manufacturers in the handheld laser distance meter market are focusing on adopting innovative promotion strategies to reach more construction companies that still rely on manual labor and traditional measurement tools.

The Fact.MR study projects that the sales of handheld laser distance meters will surpass 1 million in the Asia Pacific region excluding Japan (APEJ) in 2019, accounting for over 40% share of the global handheld laser distance meter market. Leading players in the handheld laser distance meter market find the APEJ region as an attractive regional market that has been fostering burgeoning industrial activities over the past few years.

Strong issuance of building permits in fast-growing economies in the APEJ region are making developing countries, such as India and China, the fastest-growing construction markets in the world. As these emerging economies in the APEJ region are contributing to the construction material and tools demand growth, stakeholders in the handheld laser distance meter market spot potential for growth in the region.

Report Summary of the Report: https://www.factmr.com/report/3066/handheld-laser-distance-meter-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

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Leave-In Conditioner Market – Consumer Preference for Leave-in Hair Treatments & Masks Fuelling Investments

Sales of leave-in conditioner are likely to surpass 35, 500 tons in 2019, up from 34, 550 tons in 2018, according to a new study of Fact.MR. Leave-in conditioner sales will continue to be shaped by the ever-evolving trends in the hair and beauty industry, and consumer willingness to spend more on effective after-wash hair care products.

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According to the report, rising consumer interest in leave-in conditioner has translated into an influx of product variants, well-aligned with evolving consumer demands and specifications. With the availability of multiple varieties, consumers get to decide which product they wish to focus on, thereby creating sustained opportunities for manufacturers of leave-in conditioner to keep sales in the loop.

“Healthy and lustrous hair has been of utmost importance for individuals, irrespective of gender. Additionally, the ageing demographic across the globe is also seeking for well-groomed and shiny hair that, as perceived by them, plays a vital role in maintenance of a youthful and style-conscious appearance. Manufacturers of leave-in conditioners, in order to enhance their market sustenance, can develop impressive line of products for different end-users as well as hair types, to keep customer retention intact for a longer time-period”, says Fact.MR report.

Semi-solid leave-in conditioner is likely to be immensely favored during the forecast period, as consumers assume semi-solid solutions to offer better conditioning as compared to the liquid ones. With the continuous consumer search for products that improve appearance, feel, and manageability of hair, demand for semi-solid leave-in conditioner is likely to remain unabated in the future, unveils the Fact.MR report.

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The study states that leave in-conditioners will witness increased adoption in do-it-yourself (DIY) applications as compared to the professional ones. In line with their hectic day-to-day schedules, consumers tend to stick to DIY conditioning routines by using various leave-in conditioners. Moreover, in a bid to avoid the hassle of attending expensive professional hair conditioning sessions, consumers are using leave-in conditioners for DIY applications, creating sustained opportunities for the stakeholders in the leave-in conditioner market.

According to the research study, sales of leave-in conditioners via brick and mortar stores are estimated to be buoyant, and are likely to surpass 25,200 tons in 2019. When it comes to new hair care products, in-person purchasing remains highly popular, as consumers believe it to be the safest way to choose new products for trial.

High preference of consumers to purchase hair-care products from company owned outlets, independent retailers, and supermarkets/ hypermarkets is likely to increase by leaps and bounds, providing credence to undeniable growth of brick and mortar stores in the leave-in conditioner market.

As per the Fact.MR analysis, leading players in the leave-in conditioner market are engaging consumers with the brand, by helping them achieve their hair-care goals, which vary with respect to hair types. In a bid to achieve this, players in the leave-in conditioner market are adopting the approach of customization, wherein customers get the chance to curate their own products tailored to their requirements.

Report Summary of the Report: https://www.factmr.com/report/3067/leave-in-conditioner-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

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Pod Vapes Market Sales Surge as Legalization of Marijuana and CBD Gains Momentum

A recent study of Fact.MR estimates sales of pod vapes to reach 500 million units in 2019, and register a Y-o-Y growth of 18.5% over 2018. Growth of the pod vapes market can be attributed to the rising concerns about the adverse impact of smoking on health and availability of a multitude of flavored pod vapes.

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High nicotine concentration in pod vape flavors has been a key concern among consumers, with several studies linking use of the vaping systems with respiratory ailments and cancer. Regulatory authorities are taking efforts towards curbing the sales of pod vapes, to arrest increasing incidences of nicotine addiction among teenagers. This has prompted pod vapes manufacturers to launch flavors with low nicotine concentration to reduce the adverse impact of vaping on human health.

The pod vapes market has matured in recent years, driven by a combination of industry-specific and macroeconomic factors. Pod vapes are gaining increasing traction owing to their compact, portable size, and effective nicotine delivery. Initially, vape pens and mods the products launched for vaping enthusiasts and to build an extensive network of consumers. However, consumers are finding vape pens extremely inefficient in nicotine delivery, while mods are being perceived as complicated to operate.

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Pod vapes continue to gain popularity, as consumer preference for these effective alternatives grows in light of their nicotine delivery and simpler operations. Coupled with the benefits of nicotine salts, pod vapes are gaining a mass appeal among the population trying to quit smoking, and individuals who used to smoke earlier. Relative affordability of pod vapes compared to cigarettes is another factor driving their market growth.

Demand for open pod vapes continues to surge as these provide consumers with the convenience of trying a variety of flavors by simply refilling the cartridge with vape juice. Sales of open pod vapes surpassed 250 Mn units in 2018, according to the study.

To capitalize on the growing demand for pod vapes and e-cigarettes, numerous tobacco companies are venturing into the market with new product launches. A significant decline in the demand for cigarettes is prompting tobacco companies to enter the vaping market. Tobacco companies are leveraging the positive consumer perception of pod vapes to maximize their profits. In order to market vaping products, multiple tobacco companies are funding researches to compare the harmful effects of e-cigarettes and normal cigarettes.

British American Tobacco recently conducted a study wherein the company used 3D modeling to compare the effects of cigarettes and e-cigarettes on the lungs. The study concluded a notable reduction in lung inflammation after the use of e-cigarettes. Along similar lines, numerous different researches are identifying pod vapes as a healthy alternative to cigarettes. Consequentially, a growing number of leading tobacco players such as Altria, Reynolds America, and British American Tobacco are launching their own line of pod vapes to consolidate their position in the market.

Report Summary of the Report: https://www.factmr.com/report/3062/pod-vapes-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

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Epoxy Curing Agents Market – Growing Demand for Lightweight Materials will Increase Applications of Epoxy Curing Agents across Industries

Epoxy curing agents are witnessing burgeoning demand, owing to their high mechanical strength, superior bonding property, and corrosion resistance, in industrial applications such as paints, coating, and inks. The latest Fact.MR report finds that the epoxy curing agents market surpassed US$ 2.45 billion in 2018, and epoxy curing agents are extensively used in various end-use industries, especially in developing countries, will boost the market in the coming future.

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“Epoxy curing agents are chemical additives with an epoxide functional group and they are added to various types of resins to modify their mechanical properties and toughen them. Increasing applications for epoxy curing agents in the manufacturing electrical laminate and other components used in electronic products is expected to play a pivotal role in growth of the epoxy curing agents. Thereby, increasing applications of epoxy curing agents in the manufacturing of electronic products manufacturing will collectively will boost the epoxy curing agents market growth over the next decade,” according to Fact.MR.

The Fact.MR study sheds light on growth prospects of the epoxy curing agents market on regional as well as the global platform.

The incremental growth prospects of the epoxy curing agents market are predominantly attributing to exponentially increasing consumption of epoxy curing agents in the paints, coatings, and ink industry in developing countries. The Fact.MR report finds that China accounts for nearly 45% revenue share in the epoxy curing agents market with maximum consumption in rapidly-growing end-user industries in the country.

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The automotive industry is China has been witnessing robust growth since the past few years, and increasing automotive production in the country continues to create lucrative growth opportunities for stakeholders in the epoxy curing agents market. Moreover, floorings and manufacturing industries hold a significant share in the impressive growth of the epoxy curing agents market in China. Thereby, epoxy curing agents market is gaining traction in the Asia-Pacific region to become the most lucrative region followed by Western Europe, according to the Fact.MR report.

Amines and polyamines are the most sought-after epoxy curing agents, however the imposition of strict environmental rules are likely to make amides and polyamides the fastest growing type of epoxy curing agents, thereby, changing the future of the epoxy curing agents market. 

The Fact.MR study provides futuristic overview of the epoxy curing agents market by assessing critical growth parameters of the market between the period 2018 and 2028. The study predicts that the market will envisage incremental growth at a healthy 5% CAGR to exceed US$ 4 billion by the end of forecast period.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Functional Flour Market – Multiple Initiatives for Promoting Consumption Propels Growth

The global functional flour market is foreseen to witness impressive growth on account of a drastic shift toward health-benefitting foods and ingredients offering nutritional wellness. As per the research study by Fact.MR, global sales of functional flour are estimated to grow at a CAGR of over 6.5% through 2025, notably driven by the evolving dietary patterns across the globe.

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According to the Fact.MR report, the functional flour market space can be characterized by hegemony of a few leading companies having global and regional reach. However, the functional flour market structure also demonstrates wide-spread presence of small-sized companies predominantly operating across local markets.

“The leading players of functional flour market, albeit having robust product portfolios and excellent operational efficiencies, will eye on niche categories to expand their reach. Moreover, the leading companies will also continue to focus on strategic collaborations, such as mergers and acquisitions, with the small players to boost their production abilities and gain substantial profits”, says Fact.MR analysis

Wheat will continue to be the highly-preferred raw material over all other types and the status quo is unlikely to change over the forecast timeline, opines the Fact.MR study. The buoyancy of wheat in the functional flour market can be accredited to its thiamin, niacin, iron, and vitamin B6 richness. According to the report, consumers will continue to show noticeable preferences for genetically modified functional flour over the forecast period, driven by positive perceptions of genetically-modified foods and associated health benefits.

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As per the Fact.MR analysis, North America is likely to emerge as a highly profitable region for the participants of functional flour market, with the US and Canada spearheading demand. Increasing adherence to healthy diets remains a key aspect boosting lucrativeness of these regions, with consumers willing to pay more for health-benefitting and functional foods and ingredients.

Spurring demand for bakery delicacies, such as buns, breads, and cakes, is one among the key factors boosting adoption of functional flour. Bakery products, especially breads and buns, remain staple across majority of developed regions, such as North America and Europe, supporting sales of functional flour in these regions. Availability of breads and buns in whole wheat & multi-grain variants is attracting consumers to indulge in multiple varieties, creating favorable grounds for growth of functional flour market.

As per the Fact.MR report, evolving dietary preferences and rising consumer willingness to spend on healthy foods are among the key aspects amplifying growth of functional flour market across emerging economies. Moreover, consumers actively embracing food habits of the Western cultures seek high-quality breads with enriched ingredients, including functional flour. Rising preferences for multiple varieties of functional flour, such as rye flour, soy flour, and oat flour, over the conventional variants remains a key trend having deep-rooted impact on growth of functional flour market, finds the Fact.MR research study.

Report Summary of the Report: https://www.factmr.com/report/3058/functional-flour-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Computer Aided Dispatch Market – Opportunities Imminent as Modernization of Emergency Services Gains Centerstage

The computer aided dispatch market is expected to close in on revenues worth over US$ 1,500 Mn in 2019, according to a recent research of Fact.MR. Growth of the computer aided dispatch market remains influenced by innovations and advancements in technology aiding in widening the scope of application of CAD systems.

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The report opines that although on-premise computer aided dispatch systems will continue to hold a significant share of the market, demand for cloud-based CAD systems will increase in the near future. The competition in the logistics and e-commerce sectors is intensifying, as companies shift their focus toward streamlining their dispatch solutions and call centers, to expand their customer base.

Setting up cloud-based CAD systems is relatively straightforward and deprives the requirement of additional hardware, which in turn provides companies with an economic alternative. Additionally, leading cloud service-providers are continuously fortifying their security to create an enhanced infrastructure for supporting the systems.

Companies and public safety institutions are finding cloud-based computer aided dispatch systems increasingly useful owing to the systems’ ability to allow seamless information exchange between departments. The study estimates the cloud-based CAD systems to register a Y-o-Y growth of 11.3% in 2019.

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As modern computer aided dispatch systems enable public safety and law enforcement institutions to gain real-time information on contemporary incidences, state administrations and public safety institutions are investments into upgrading their existing call management systems. For instance, Calgary’s government recently collaborated with Hexagon Safety & Infrastructure to upgrade its 911 response systems. On similar lines, the Scotts Bluff County in Nebraska, USA also deployed computer aided dispatch systems across different public safety verticals to shorten response times and serve citizens better.

Sophisticated computer aided dispatch systems, integrated with artificial intelligence and navigation technologies, recommend efficient routes, monitor resources, and streamline the complete dispatching process, which in turn aids in curtailing the response times. The study opines widespread adoption of computer aided dispatch systems in governmental organizations to bolster market growth, with revenues estimated at nearly US$ 600 Mn in 2018.

Report Summary of the Report: https://www.factmr.com/report/3060/computer-aided-dispatch-cad-market

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Fertilizer Additives Market – Decreasing Arable Land and Growing Population to Bolster the Market Growth

According to a recently published Fact.MR study, the fertilizer additives market is estimated to witness moderate growth during the 2018-2028 period owing to the decrease in the average arable land and growing demand for food and agricultural produce. Technological innovations and modern-day advancements are helping manufacturers develop fertilizer additives that enhance fertilizer performance significantly and increase the average crop yield.

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Anti-caking agents which prevent the formation of lumps in powdered fertilizers are expected to hold a substantial share of the fertilizer additives market. These agents are composed of fats and oils which prevent the interaction between atmosphere and fertilizer particles.

Manufacturers are finding anti-caking agents increasingly effective as the absence of lumps in fertilizers aid them in effectively handling, packaging, and transporting fertilizers. Further, the absence of anti-caking agents in fertilizers can cause agglomeration which prohibits the material from evenly distributing in the fields and hence results in wastage. Additionally, agglomeration of fertilizers can block flow passages of machines used for distributing fertilizers, clearing which incurs hefty costs. The recent research by Fact.MR opines that these factors are vital drivers of the growing demand for anti-caking agents which accounted for over 50% of the fertilizer additives market share in 2018. Additionally, the introduction of organic anti-caking agents for use in fertilizer manufacturing is further estimated to bolster market growth as demand for organic substances continues to proliferate in the agrochemicals market.

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Nitrogen is a key element which is required in a plethora of metabolic functions in plants. Being an essential component required in the production of amino acids, nitrogen-based fertilizers influence protein production in plants and aid in increasing the crop yield of the soil owing to which demand for such fertilizers is on the rise. The Fact.MR study suggests nitrogen-based fertilizers will continue gaining increasing penetration with their widespread adoption in the production of fruits, horticulture, fodder crops, and oilseeds. A recent instance that alludes to the growing popularity of nitrogen-based fertilizers was when it was reported that there was a shortage of nitrogen fertilizers in the US in August 2018.

The robust demand for nitrogen-based fertilizers can potentially open gateways to new opportunities for manufacturers with a focus on developing additives that could enhance the effective consumption of nitrogen in crops.

Fertilizers are usually packaged and transported in the crystalline, granular, or powdered forms during which they can break into dust. The dust particles are light enough to be dispersed by even weak air currents. Furthermore, the dispersion of fertilizer dust particles can cause an assortment of problems related to environmental compliance, worker safety, and damage to the warehousing equipment. In addition to this, the tendency of fertilizers to break into dust increases with time while longer storage periods further intensify the problem. The fertilizer dust also poses a danger of spontaneously burning into flames which could be dangerous to both life and property. The plethora of problems that fertilizer dust can cause is a vital factor that is creating an increase in the demand for dust suppressants. Currently, numerous variants of fatty and mineral oils are used to suppress dust formation. However, the scope for innovation in the area still exists which is prompting fertilizer additive manufacturers to research for effective fertilizer dust suppressants.

Report Summary of the Report: https://www.factmr.com/report/3052/fertilizer-additives-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Low GWP Refrigerants Market – Hydrofluorocarbons (HFCs) Phase-out Likely to Propel Adoption of the Market

The heating, ventilating, air-conditioning and refrigeration (HVACR) industry is making the steady shift towards low GWP refrigerants, with decisions influenced by an evolving regulatory climate. Fact.MR’s new study, which estimates the low GWP refrigerants market at US$ 18 billion, remains bullish on impressive growth of the low GWP refrigerants market.

Get the Sample PDF of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3054

According to Fact.MR’s study, penetration of hydrofluorocarbons (HFCs) continues to remain high despite growing research on its harmful impact on the environment. Taking into consideration the environmental impact of HFCs, regulations on its use have become stringent over the years. According to Fact.MR’s study, these factors are likely to provide an impetus to the growth of low GWP refrigerants market in the near future.

An increasing number of developed as well as developing countries are implementing a regulatory framework that puts a check on the production and use of HCFs. Initiatives such as the Montreal Protocol, European Union’s F-gas regulations, and the US Significant New Alternatives Policy (SNAP) program have been successful in curtailing the use of HCFs in a range of applications. The ripple effect of these initiatives and regulations has bolstered the case for low GWP refrigerants, according to Fact.MR.

Refrigerants are the workhorse of the HVACR industry and leading industry players are promoting the adoption of environmentally sound practices with the phase-out of some high GWP refrigerants. The exponentially growing HVACR industry is expected to remain the bedrock for the low GWP refrigerants market with a substantially high demand in refrigeration applications.

Report Customization can be done at: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3054

The Fact.MR study finds that the refrigeration applications of low GWP refrigerants accounted for a massive 63% share in the low GWP refrigerants market revenue, equaling over US$ 11.4 billion in 2018. As the adoption of environment-friendly alternatives to high GWP refrigerants is burgeoning in refrigeration applications, the Fact.MR study predicts that demand for low GWP refrigerants will continue to remain high in the foreseeable future.

However, leading manufacturers in the low GWP refrigerants market are increasing their focus on burgeoning demand for low GWP refrigerants in various other applications including chillers. Top-tiered stakeholders in the low GWP refrigerants market, such as The Chemours Company and Daikin Industries Ltd., recently declared their strategies to capitalize on rapidly growing needs for low GWP refrigerants in chillers along with air conditioning applications.

The European Union has stringent environmental policies, and it is manifested in the rapidly plummeting availability of high CWG HFCs in the European region. According to the summary of HFC phase down in Europe release by the Environmental Protection Agency, the HFC phase down was modest during 2015-2017, however, very steel down was observed in 2018 as the average volume of HFC available on the European market reduced to 63% of the 2015 amount.

Thereby, with the sharp decrease in HFC supply in 2018, there is potential for a significant refrigerant shortage in European markets. Leading players in the low GWP refrigerants market in Europe are aiming to capitalize on lucrative sales opportunities in the European Union by bolstering the production of low as well as ultra-low GWP refrigerants in the region. 

Report Summary of the Report: https://www.factmr.com/report/3054/low-gwp-refrigerants-market

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

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