Marine seats sales are expected to surpass 5 Bn units in 2019, with a Y-o-Y growth of 4.4% over 2018, according to a recent Fact.MR study. Growth of the marine seats market continues to remain influenced by various factors, including the remarkable rise in marine tourism, and increased demand for recreational vessels.

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The Fact.MR study opines plastic to remain the material of choice for marine seats manufacturers, as they continue to prefer use of plastics over steel and metal composites for production of boat seats, in line with the upward trend of lightweighting in the boating industry. High corrosion resistance and chemical inertness are key attributes of plastic continue to drive its demand for production of various marine components and marine seats are no exception.

Ductile, malleable, and elastic properties of plastics are being leveraged by manufacturers to produce foldable marine seating, which is gradually gaining traction for use in recreational boating activities such as fishing. Plastic marine seating accounted for over 40% of the market volume share in 2018.

Comfortable marine seating has been gaining a significant palpability in the recent past, which has prompted marine seats market players to focus on developing novel solutions, keeping consumer convenience at the forefront. Sailors and crew onboard marine vessels have been complaining of developing back problems, and sustaining injuries due to the pounding impact of waves even in shallow waters.

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Surveys have suggested absence of stable seating in boats to create problems for sailors even while navigating in calm waters. Water sporting events such as water skiing and paragliding require boats to travel at great speeds, which increases the susceptibility of drivers getting injured during the process.

Leading players in the marine seats market are focusing their efforts toward enhancing the suspension systems of their marine seats, in order to provide a comfortable ride and capitalize on the pervasive trend. For instance, Shockwave, a leading company in developing marine suspension seating, launched the integrated control environment that could house controls, electronics, and occupants and safeguard them from the pounding impact of waves from all directions significantly improving safety and enhancing the ability to operate the vessel during extreme weather.

There has been a significant rise in popularity of recreational boating in recent years, which has proliferated sales of luxurious yachts, boats, and cruise sales as a consequence. On the other hand, consumers who already own boats are increasingly investing in renovating their vessels to suit their needs. These factors have created a surge in the demand for custom-built marine seats with pleasant aesthetics.

Report Summary of the Report: https://www.factmr.com/report/3047/marine-seats-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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Marine scrubber systems market is expected to continue its steady growth on account of their growing installation and retrofitting on marine engines exhaust systems and boilers on ships. This is attributed to the unique advantages of marine scrubber systems in alleviating harmful sulphur dioxide gas content (Sox) emissions. The worldwide marine scrubber systems market is anticipated to register 20.4% CAGR in terms of value between 2018 and 2028 owing to myriad factors mentioned in Fact.MR report on marine scrubber systems market.

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In recent years, marine scrubber systems have gained much traction among ship owners and operators, on the back of their ability to treat exhaust gas released from engine or boiler by eliminating harmful sulphur dioxide gas content (SOx) and particulate matter (PM) sourced pollutants.

According to Fact.MR report on marine scrubber systems market, ship operators and owners are increasingly adopting marine scrubber systems to comply with prevailing and impending regulations on sulphur quantity allowed in fuel, to be imposed by IMO (International Maritime Organization). Since 2015, there has been a decline in sulphur cap to .1% in some designated emission control areas (ECA), however, the cap is set to decline further with the implementation of .5% sulphur cap on maritime vehicles starting from 1st January 2020.

Amid the growing sulphur related regulations, ship operators and owners are propelled to adopt either marine fuels containing low sulphur content, or retrofit or install marine scrubber systems for the treatment of toxic emissions caused by densely used fuel oil with high sulphur content. The report on marine scrubber systems market opines that extensive difference between the pricing of affordable fuel oil with high sulphur content and expensive fuel oils containing negligible sulphur content has been prompting ship operators and owners to retrofit marine scrubber systems on marine vehicles. A considerable number of ship owners are retrofitting their vessels with marine scrubber systems to comply with impending international regulations following the 2020 deadline, while using high sulphur fuel oil.

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However, as per marine scrubber systems market report, the new-build application segment is also likely to witness comparatively fast growth as many fleet owners with new ship constructions on order are choosing to install marine scrubber systems on their vessels, which costs less as compared to retrofits that may be required later. According to the Fact.MR report on marine scrubber systems, retrofit segment is likely to create absolute $ opportunity valuing US$ 6.8 billion during the foreseeable period, on back of the boost gained by tight timelines ahead of impending regulations deadline.

As per Fact.MR report on marine scrubber systems market, in technology segment, the wet marine scrubber systems are likely to remain dominant in marine scrubber systems market by accounting for a healthy market share. The report estimates that it will account for over 90% share of the total absolute dollar opportunity in marine scrubber systems market by 2028-end. Ship operators and owners have been adopting open loop wet marine scrubber systems, however, as per the report marine scrubber systems market for the hybrid variants is also likely to witness comparatively healthy growth.

Report Summary of the Report: https://www.factmr.com/report/3055/marine-scrubber-systems-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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Sales of natural food preservatives have witnessed sheer proliferation in recent years, in line with growing consumer preference for clean label products. The revenue from sales of natural food preservatives is expected to reach US$ 796.5 MN by the end of the report forecast period (2018-2028). According to the Fact.MR report on natural food preservatives market, technologically advanced and innovative ways of manufacturing natural food preservatives are projected to underpin gains in global natural food preservatives market.

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The fast-paced lifestyles in tandem with easy availability of fast food have altered the food habits of consumers, who now find it convenient to consume ready-to-eat and packaged food products. Processed food and beverage products demand proper preservation using viable techniques and harmless ingredients to remain fresh for long duration of time without getting spoiled.

Due to the potential health impact of chemical ingredients used in food preparation and processing, F&B manufacturers are shifting from synthetic or artificial food preservatives to safer, natural food preservatives in their offerings. This paradigm shift is poised to fuel adoption of natural food preservatives, as per Fact.MR study. This trend is further accelerating due to the imposition of stringent regulations by varied governments across the globe against the use of artificial or synthetic food ingredients, which has led to a ban on synthetic or artificial food preservatives in F&B sector. The natural food preservatives market report opines growing regulations on synthetic ingredients as another key driver boosting revenue growth of worldwide natural food preservatives market.

“Regardless of improved food properties, artificial ingredients continue to be a concern among consumers. Manufacturers in F&B industry are in a challenging state as they need to cater to the growing demand for natural or no-preservative products, while considering the repercussions of alleviating additives and preservatives, which can increase the product spoilage rate and decrease shelf life. This is propelling them to adopt natural food preservatives to maintain position in the market and expand customer outreach”, finds Fact.MR.

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Fact.MR report on natural food preservatives market opines that considerable market penetration is driving the introduction of novel products composed of easily available natural food preservatives. The leading players in natural food preservatives market are responding to such opportunities by extending their offerings and introducing novel products, which is further fueling the stake of natural food preservatives across the globe. As per natural food preservatives market report, the high nutritional value of natural food preservatives is also fueling the global sales of natural food preservatives. Additionally the rise in product development in tandem with advancing research are other main factors expected to drive growth in natural food preservatives market.

While using natural food preservatives in F&B products is beneficial for health, cost has been identified to be a key restraint hindering the growth in natural food preservatives market. The high costing of natural food preservatives in comparison to their synthetic counterparts, continue to make it challenging for the manufacturers to gain the attention of a wider consumer base. Natural food preservatives sourced from organic sources, such as vegetables, fruits, and certain kinds of plants are priced as per the availability of raw materials. The report on natural food preservatives market opines that the fluctuating prices of natural food preservatives’ ingredients are impacting the operational efficiencies in the natural food preservatives market.  As per the report, the emergence of novel and highly innovative food preservation technologies are likely to render traditional preservation techniques obsolete during the forecast period.

Report Summary of the Report: https://www.factmr.com/report/3056/natural-food-preservatives-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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According to the most recent study published by Fact.MR, the sales of over 508,661 one component foam cans were recorded in 2018, worldwide, and it is expected to increase by 5% in 2019 over 2018. The Fact.MR study provides a thorough analysis on developments in the one component foam market to predict future prospects of the market. The Fact.MR study presents a detailed assessment on global growth parameters of one component foam market along with information about how local markets for one component foam will grow in the foreseeable future.

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China continues to hold huge potential for sales of one component foam. Being one of the leading polyurethane producers, manufacturers benefit from the consistent supply and steady prices of raw materials in the country. Additionally, vigorous rise of the industrial sector, in parallel to the improving economic conditions in China, has been paving lucrative avenues for the one component foam manufacturers to bank on. In the coming future, Chinese manufacturers of one component foam are aiming to offer more sustainable and energy-efficient products to further expand profitable sales while syncing with the dynamic preferences of end-users.

Recent trends in the one component foam market in China indicate a palpable shift towards environmentally sustainable one component foam as the polyurethane foam industry released harmful gases and HCFC agents in the environment. The possibility of the government banning polyurethane foams is coaxing one component foam manufacturers in the country to modify their salient strategies and adopt environmentally friendly, albeit less profitable, manufacturing processes.

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The study finds Asia Pacific region excluding Japan (APEJ) to be the fastest growing market for one component foam, with significant hold of emerging economies in the region on recent developments. The APEJ region alone accounts for over one third of the global sales of one component foam, and it will continue to be the largest market for one component foam in the upcoming years, according to the study.

China and India are among the most attractive countries for stakeholders in the one component foam market owing to the availability of raw materials and high consumption of one component foam, which is attributed to the increasing growth of the end-user industries. Rapidly growing production of polyurethane in the region, especially in China, boosts availability of raw materials and enables manufacturers to launch one component foam at competitive prices.

The Fact.MR study provides a holistic assessment on growth of the one component foam market across its various segments. On analyzing the rise in number of applications of one component foam across various industrial sectors, the study finds that one component foam sealants and adhesives are witnessing highest demand. One component foam sealants and adhesives, together, accounted for nearly 75% volume share in the one component foam market in 2018.

Report Summary of the Report: https://www.factmr.com/report/2797/one-component-foam-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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A recent research study by Fact.MR finds that the microreactor sales reached 294 thousand units in 2018 and are projected to grow at a Y-O-Y of nearly 9% in 2019. Increasing competition among manufacturing companies in order to develop finer products remains a key aspect spurring the demand for microreactor technology. Ability of microreactor technology to facilitate effective and efficient drug synthesis is one of the key factors responsible for its rising adoption in the pharmaceutical industry.

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The report finds that increasing demand for process intensification has inspired various chemical industries to adopt microreactor technology. Capability of microreactor technology to enable continuous reactions in small channels instead of large-scale components, which results in effective mixing of the reagents and seamless heat transfer, is enhancing its visibility as compared to the conventional technologies. Moreover, inherently safer design with high efficacy has also been identified to boost utilization of microreactor technology in challenging applications areas of the chemical industry.

Use of microreactor has witnessed a notable rise in multiple industrial ecosystems, such as chemical and pharmaceutical, on the wake of its ability to offer high-throughput with use of minimum amount of materials. Moreover, the one-step reactions enabled by microreactor technology aids in elimination of the risk associated with waste products, resulting in high-quality end-products, which drives its adoption across end-use verticals to achieve unparalleled productivity.

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“Microreactor technology is also being widely acknowledged by various end-use industries for its ability to catalyze faster reactions, which also ensures higher yields of up to cent percent with no compromise in terms of quality. Microreactors have evolved as a standard tool for end users for ameliorating quality via accurate control of crucial operation parameters, ranging from pressure to space velocities”, Senior Analyst, Fact.MR

With 157 thousand units sold in 2018, the demand for falling film microreactor thrives on the back of its larger specific surface area as compared to the conventional reactors, finds Fact.MR. Asia micro reactor remains the most prominent mixing type and is likely to witness remarkable growth in the forthcoming years, driven by efficacy in terms of resistance and transparency.

The report further states that sales of each material type will remain highly influenced by the specific advantages and disadvantages offered by in terms of price and compatibility with the reagents or heat conductivity. Glass microreactor remains the top-selling variant on the wake of its superior compatibility with aggressive media and reagents. Moreover, benefits of glass microreactors in terms of transparency and convenience has been widely acknowledged, which has further triggered their adoption across various end-use industries.

Report Summary of the Report: https://www.factmr.com/report/2815/microreactor-technology-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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The alkaline phosphatase kits market is expected to grow at a subdued rate over the 2018-2027 forecast period. With the ability of alkaline phosphatase kits to facilitate identification and prognosis of a wide spectrum of diseases, it has become a popular diagnostic tool in the medical fraternity. The factor has resulted in the medical sector accounting for 59.8% of the market share in 2018.

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Demands for alkaline phosphatase kits with pack sizes ranging from 101-500 have continued to remain rampant on account of its substantial cost difference with pack sizes ranging from 501-1000 and a modest value disparity with pack sizes up to 100. The difference between the average costs of pack sizes ranging from 501-1000 and pack sizes falling in the range of 101-500 was found to be over US $700 in 2018 while the difference in the cost of the latter and alkaline phosphate kits with pack sizes of 100 and below was under US $110.

Changing lifestyle and increased consumption of alcohol around the world is putting the global population at a higher risk of developing liver cancer. The per capita consumption of alcohol in the population aged over 15 was recorded as 6.4 liters in 2016 and over half of the populace in Europe, North America, and Western Pacific were found to consume alcohol. Increased alcohol consumption can cause scarring of liver cells which raises the risk of developing lung cancer.

Alkaline phosphatase kit is an effective diagnostic tool that aids in identifying any abnormality in liver cells. Rising health consciousness and increasing awareness regarding the negative impact of alcohol has resulted in a growth in the number of people opting for routine diagnosis. These factors coupled with the rise in the average disposable income is driving the demand for alkaline phosphatase kits in the medical diagnostics sector.

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Asia Pacific Excluding Japan will lead the way in terms of the alkaline phosphatase kits market growth rate. The Asian Pacific region is a hotbed of growing economies that are continuously revamping their infrastructures to serve people better. The region’s affinity for dairy products has soared high in recent times. With numerous companies expanding across the region and a high demand for premium dairy products, the sales of alkaline phosphatase kits for detecting the quality of pasteurized milk is expected to rise.

Further, increasing investments in healthcare in the developing economies in the region is further expected to fuel the sales of alkaline phosphatase kits in the region. After APEJ, Latin America is the next most promising region that is expected to contribute towards the alkaline phosphatase market growth. Numerous hospitals are investing generously to expand their count of medical devices and equipment. With the backing of government policies in various countries, the healthcare sector is making great strides in improving healthcare in the region. The developing healthcare ecosystem in the Latin American region has propelled the growth of alkaline phosphatase kits market and is expected to continue to do so.

Report Summary of the Report: https://www.factmr.com/report/2814/alkaline-phosphatase-kits-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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According to the latest study by Fact.MR, over 360 kilotons of glyoxal will be consumed in 2019 globally with a projected annual growth of 3.8% over 2018. “Due to glyoxal’s divergent properties, the chemical compound is highly explored as a crosslinking agent in wood, textile and paper industries; as a sulfur scavenger and biocide in oil and gas applications and as an effective co-biocide agent in disinfection applications used in veterinary and health sectors. As glyoxal fits well in the sustainability trend, it is likely to become an important chemical intermediate for end-user industries in the future,” says Fact.MR.

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According to the study, buoyancy in the textile industry will be beneficial for glyoxal market wherein over 51% of the global glyoxal is consumed by the textile industry. With the rapidly expanding urbanization and urban consumers spending more on high-standard clothing, the textile industry profitability is projected in the future.

With consumers demanding non-woven, soft and wrinkle-free clothing, utilization of glyoxal in the textile and apparel sectors is likely to increase in the coming years. However, with the advent of synthetic fibers, in the long run, application of glyoxal in the textile industry is estimated to decline.

Nearly 27% of the glyoxal consumption was held by the paper & packaging industry in 2018. Glyoxal finds an extensive application as a crosslinker in the paper & packaging industry. Glyoxal is readily biodegradable and according to Germany’s Federal Institute for Risk Assessment (BfR) and the U.S. FDA, glyoxal is categorized as an accredited chemical substance which can be used in paper for food packaging applications.

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The study finds that the utilization of glyoxal in the personal care industry remains considerably lower. Glyoxal has been traditionally used as a synthetic preservative in the personal care ingredients and cosmetics. However, formaldehyde-releasing chemical compounds have been assessed for their harmful effects on skin and have been categorized as a carcinogen. Despite the use of glyoxal as an alternative to formaldehyde, the personal care and cosmetic industry’s increasing preference for natural ingredients is likely to reduce glyoxal utilization in the industry.

Oil and gas industry is another important end user landscape for glyoxal market wherein glyoxal is increasingly used in the oil extraction and enhanced oil recovery processes. Also, glyoxal is used as a sulfur scavenger in the gas sweetening applications. The oil production activities are growing in developed and developing countries, thereby providing opportunities for glyoxal manufacturers.

Report Summary of the Report: https://www.factmr.com/report/880/glyoxal-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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Fact.MR recently published a comprehensive study, which found that the load monitoring systems market reached US$ 2.9 billion in 2018. The study features comprehensive information about the current market dynamics as well as future trends in the load monitoring systems market.

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“With the palpable scarcity of natural resources, energy management has become a pivotal aspect of business management strategies across a wide range of industrial sectors. Many industry players are exploring opportunities to improve their product quality and to reduce power consumption for cost saving as well as for greener environment with help of the energy management trend. Thereby, load monitoring systems are witnessing burgeoning demand a wide range of industries, including oil & gas, construction, food & beverage, aerospace & defense, automotive, and healthcare,” says the Fact.MR study.

The Fact.MR study finds that the automotive industry accounted for more than 30% revenue share in the load monitoring systems market in 2018. The study predicts that the automotive industry will retain its largest share in the load monitoring systems in the upcoming years, as the performance and safety of automobiles remains the primary focus for automotive manufacturers.

With the emergence of next-generation technologies in the automotive industry, the automotive industry is undergoing remarkable changes on multiple fronts. Meanwhile, leading automakers are aiming to mitigate their environmental footprint while without having to compromise their business productivity, which is primarily driving demand for load monitoring systems among auto industry players.

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Taking into account the large market share of the automotive industry, leading manufacturers in the load monitoring systems market are introducing advanced vehicle load cell sensors that can improve various automotive features, such as tire design optimization, temperature compensation, and mechanical overload protection.

However, the Fact.MR report predicts that the increasing growth of the healthcare industry will become the fastest growing end-user industry in the load monitoring system in the upcoming years. Even though the automotive industry remains at the forefront of the load monitoring systems market, the healthcare industry will create more lucrative opportunities in the coming future.

Load monitoring systems are witnessing tremendous demand across the healthcare industry with an unprecedented rise in the manufacturing of medical devices. As the global medical devices market is estimated by The International Trade Administration (ITA) to surpass the US$ 400 billion mark through 2020, the healthcare industry is likely to redefine future prospects of the load monitoring systems market in the coming decade.

Report Summary of the Report: https://www.factmr.com/report/2996/load-monitoring-systems-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.

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Growing need for rail gangways in various countries on the coattails of ongoing railway infrastructure development along with new construction of metro rails is anticipated to accelerate the growth of rail gangways market across the globe.

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The global rail gangways market is expected to be valued at US$ 392.8 million in 2018, expanding at a significant CAGR of 4.9% over the forecast period (2018-2028). Rising investments in railway developments and upcoming metro rail projects are likely to complement future expansion of the market which has been foreseen to attain a value of US$ 634.0 million by 2028-end. Further, the rail gangways market is anticipated to create incremental $ opportunity worth US$ 241.3 million throughout the assessment period.

Developing regions including China and SEA & Pacific are heavily investing to provide support in the development of rail activities which will serve as a catalysts for the overall growth of rail gangways market. In addition, increase in rolling stock is likely to create lucrative opportunities for suppliers of rail gangways during the forecast period.

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Changing travelling medium along with rapid consumer inclination toward the economical public transportation systems such as trains and metros will continue to shape the future of global rail gangways market. However, increasing attractiveness of air travel and significant growth of automobiles for both short and long trips will possibly remain daunting challenges for key market players.

In terms of market value share, the global rail gangways market is expected to remain concentrated in Western Europe, followed by China which is likely to account for maximum share in term of sales during the forecast period of 2018-2028.

South East Asia & Pacific is estimated to project incremental $ opportunity worth nearly US$ 30.6 million, while rail gangways market in Latin America and Japan are anticipated to expand at an above average rate throughout the forecast period.

Report Summary of the Report: https://www.factmr.com/report/3043/rail-gangways-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.

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The contract pharmaceutical fermentation services market is anticipated to continue its steady growth on back of the evolving use of fermentation techniques to develop active pharmaceutical ingredients (API) coupled with active research studies, and progressive regulatory scenario. The global contract pharmaceutical fermentation services market is envisaged to account for over US$ 4 billion by 2026, according to a recent analysis by Fact.MR.

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The study opines that fermentation has become an integral part of drug and toll manufacturing, as firms seek to produce core compounds that can be further used in forming final products.

Funding for early stage advanced biotechnology is increasing and companies commercializing fermentation-sourced technologies are either building their own demonstration-scale facility or using existing contract manufacturing organizations (CMOs). Several pharmaceutical companies are increasingly leveraging contract pharmaceutical fermentation services, which as per Fact.MR is likely to contribute over nearly US$ 2,400 million by value by 2026-end.

The Fact.MR study opines that the growing prevalence of various diseases has been accelerating demand for pharmaceutical products which is further propelling pharmaceutical firms to associate with contract pharmaceutical fermentation services’ providers. Together they can introduce highly unique and advanced molecules at a fast pace. Furthermore, the growing prevalence of a wide range of diseases, such as diabetes, cancer, hemophilia, rheumatoid arthritis, myocardial infarction, anemia, etc., has triggered demand for bulk pharmaceutical products with myriad applications in disease management.

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As per the American Diabetes Association (ADA), over 30 million Americans developed diabetes in 2015, which is 9.4% of the total population. The ADA concluded that nearly 1.5 million Americans get diagnosed with diabetes every year. The Fact.MR study opines that drug commercialization to CMOs/CDMOs in tandem with growing focus to alleviate the operating costs via outsourcing of R&D is driving efficiency of value chain. Furthermore, outsourcing at the later stages of drug development to a contract pharmaceutical fermentation services provider is also leading to improved efficiencies across the value chain.

According to Fact.MR, leading players in contract pharmaceutical fermentation services market are increasingly focusing on rationalization to lure more pharmaceutical companies. This can be attributed to manifold benefits of outsourcing processes, as they help firms free up their resources, facilities, and staff to focus on other critical operations of the company. With this trend gaining immense traction owing to its numerous benefits for companies, the contract pharmaceutical fermentation services market is anticipated to witness steady growth. The Fact.MR report on contract pharmaceutical fermentation services market indicates healthy growth in the adoption of contact pharmaceutical fermentation services in 2020 over 2019.

According to the study, high production costs and complexities linked to contract pharmaceutical fermentation services could dampen the growth of global contract pharmaceutical fermentation services market during the forecast period. With large-scale fermentation posing a threat to contract pharmaceutical fermentation services market, the providers of contract pharmaceutical fermentation services are prompted to invest heavily in setting up their businesses and for recruiting technically-empowered staff.

Report Summary of the Report: https://www.factmr.com/report/1517/contract-pharmaceutical-fermentation-services-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/