Process Chillers Market is Estimated to Register Steady CAGR of 5.1% through 2027

According to a recent report by Fact.MR, the process chillers market is poised to register a steady growth during the 2018-2027 period with global sales surpassing 130,000 units in 2019. A combination of multi-pronged factors such as the burgeoning demand for food, energy, medicine and health products, construction material, and chemicals are contributing significantly to the process chillers market growth.

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According to the study, end-users continue to show preference for air-cooled chiller systems over water-cooled systems. Easy installation, lower maintenance costs, and enhancements in technology supporting the efficiency of the system are fuelling air cooling chiller system sales.

According to the study, manufacturers are continuously working on improving the efficiency of their product offerings. Introduction of variable frequency drives and novel, eco-friendly refrigerants are few of the latest trends in air-cooled chillers category, according to the study. The study opines that the factors will propel air-cooled chiller systems to over 102,000 units in 2019. The study opines that water-cooled chillers sales are also likely to remain steady, on the back of widespread application in a range of industries.

Highlighting the innovations in the process chillers market, the report opines that production of advanced compressors is aiding in enhancing the efficiency of process chillers. Compressors play a key role in enabling end-users to alter the pressure of the refrigerant to obtain the desired temperature in a room and hence plays a vital role in the determination of the efficiency of process chillers. For instance, Danfoss launched a new compressor named Tubocor which leverages magnetic bearing and variable speed technology to offer efficient cooling while significantly reducing CO2 emissions. Additionally, the company claims the product offers high efficiency, produces lower noise, and reduces the overall operating costs.

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The development of technology supporting performance enhancements in process chiller systems is another pervasive trend expected to bolster market growth. Production of advanced valves, pressure sensors, and heat controllers are some of the key factors influencing market growth. The launch of smart systems to optimize process chiller operations is another key factor driving demand for the cooling systems in industries. For instance, Thermal Care launched a novel central chiller controller technology named Dynamic Lift. The technique at the core of Dynamic Lift adjusts the pressure in the condenser automatically after sensing different parameters such as outside temperature, heat load, and performance metrics of different process chiller components. The company claims the system substantially reduces the energy consumed by process chillers and optimizes its efficiency.

Intensifying demand for energy-efficient cooling systems across different industries is prompting process chiller manufacturers to consider boosting the production of absorption chillers. Absorption chillers operate on thermodynamic and chemical principle and utilize water as the refrigerant. Additionally, the heat required for absorption chiller systems to function is derived from various low-cost sources making the chiller systems efficient. The development of 2-step evaporator/absorber cycle and parallel flow design is offering a solution for manufacturers to overcome the conventional drawbacks of absorption chillers. 

Report Summary of the Report: https://www.factmr.com/report/1904/process-chillers-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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Grease Cartridges Market is Anticipated to Grow at a CAGR of Over 5% During 2018-2026

Sales of grease cartridges are likely to witness a promising growth at a CAGR of over 5% through 2026, as per Fact.MR’s latest research report. Grease cartridge sales will continue to remain highly influenced by steady demand from mining and automotive industry.

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According to the Fact.MR report, the grease cartridges market is undergoing a phase of evolution, and manufacturers are focusing on the improving the quality of grease along and storage.

According to the Fact.MR study, demand for plastic grease cartridges continues to remain steady with the segment valued at nearly US$ 140 Bn in 2017.

A notable shift has been witnessed from traditionally used fiberboard cartridges to plastic cartridges, on the back of high prices of paperboard used for the manufacturing of the former. In addition, the rising demand for plastic grease cartridges is driven their features such as climate-resistance, rigidity, and durability that mitigates the risk of leakage. This makes plastic grease cartridges more desirable for logistics and shipping activities. According to the study, demand for plastic grease cartridges is also positively influenced by growing e-commerce industry, where these materials are used on a large scale.

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Manufacturers of the grease cartridges market are focusing on lucrative after-sales opportunities in mining and automotive industry. Automotive industry independently holds over 50% share of the overall lubricant market across the world, which is attributed to the large-scale lubrication needs in the automobile production. Grease cartridges are gaining popularity, owing to their efficiency in reducing the manual efforts employed for applying grease on vehicle chassis, automotive intersections, and anti-friction bearings.

With the increasing inclination of consumers towards convenient lubricating products, manufacturers are endeavoring towards proposing and implementing breakthroughs in the storing and packaging solutions, out of which the grease cartridges market is expected to draw significant growth prospects. According to the study, Asia Pacific will continue to be a leading market for grease cartridges globally. The buoyant automotive industry in the region, combined with steady demand from mining industry are likely to provide an impetus to the growth of the grease cartridges market over the course of the forecast period.

The report profiles some of the significant players operating in the global grease cartridges market which include Adhesive Materials Group, Eurokartuschen eK, GR Produkter AB, Tubi System AB, Berlin Packaging, Fischbach USA, MBP Manufacture Bourguignponne de Plastique, Sonoco products company, Biederman Enterprises Ltd., Bev-Cap Pty Ltd., Andpak Inc., Long Thames Enterprise Co. Ltd., Plastic Tooling Manufacturing Pty. Ltd., and Schieferdecker GmbH & Co. KG, among others.

Report Summary of the Report: https://www.factmr.com/report/629/grease-cartridges-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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Dipentaerythritol Market to Witness a Significant Demand from Alkyd Paint Producers

According to a recent Fact.MR study, the dipentaerythritol market witnessed a volume sales of nearly 40 thousand tons in 2018, and is envisaged to record 2.8% Y-o-Y growth in 2019. Aspects influencing growth of the dipentaerythritol market range from traditional use of this chemical byproduct in paints & coatings and explosives manufacturing, to the advent of innovative application areas such as therapeutics and marine coatings.

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The study expected APEJ to hold a sizeable share of the overall dipentaerythritol volume sales, attributed in part to shifting production facilities from EU and North America to emerging economies of Asia. In addition, China has been one of the leading producers of dipentaerythritol, however fast growth has translated into a phase of overcapacity. This has resulted in intensified competition in line with narrowing profit margins among dipentaerythritol producers in the country.

The study finds that chemical multinationals in China are tailoring their past practices along with adoption of novel strategies for ensuring long-term success, abreast tightening supply trends of dipentaerythritol. The onus of dipentaerythritol market players in China is on self-sufficiency, securing international access to key raw materials, and creating national champions with greater access to western technologies and processes. Such efforts of regional players are expected to retain the lead of APEJ in the dipentaerythritol market.

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Dipentaerythritol variants usually come in two purity grades, namely, industrial and technical, as a consequence of difference in their requirements such as research laboratories and industries. The study opines that supremacy of industrial grade dipentaerythritol is here to stay, despite a relatively faster sales growth projected for the technical grade variant in 2019. Over 80% volume share of the dipentaerythritol market will be accounted by industrial grade variant in 2019. 

According to the study, paints & coatings and lubrications remain the most lucrative application areas for dipentaerythritol worldwide, collectively estimated to account for over 50% of overall volume sales in 2019. Resurgent activities in residential and commercial construction, along with focus of various governments worldwide on infrastructure development, has resulted in an uptick in demand for paints & coatings, thereby underpinning the adoption of dipentaerythritol. Dipentaerythritol sales are significantly undergird by their use in alkyd paints production, as adoption of these paints in construction activities continue to become more pervasive. 

Report Summary of the Report: https://www.factmr.com/report/3179/dipentaerythritol-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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Well Intervention Market is Projected to Grow at a Promising CAGR of 6% During the 2018-2026 Period

According to a recently released Fact.MR report, the global market of well intervention reached an estimated value of nearly US$ 6 billion in 2017, and is likely to expand at an impressive 6% value CAGR during the 2018-2026 period. Heavy investments in discovery of new oilfields reserves on the account of rapid depletion of existing reserves and incessant demand for oil and gas are anticipated to translate into the growth of well intervention market.

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Depletion of onshore oil and gas assets and declining shallow water resources have spurred technical advances that enable offshore exploration and production in deeper environments, which may largely contribute to the demand for well intervention solutions and services. Rising subsea well counts and the need to improve recovery rates from developed fields are likely to be the key factors driving the growth of well intervention market. Further, escalating demand for energy has led to increasing expenditure in various oil & gas assets including shallow, deep, and ultra-deep water which may fuel the growth of well intervention market.

The global market of well intervention is likely to gain high traction in the near future, with many E&P companies and oilfield operators shifting their investments and exploration efforts toward offshore assets to uncover large discoveries. So far, over 70% of new discovered are deemed to be found in offshore areas.

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North America was registered to be the largest market of well intervention in 2017, contributing a total revenue of more than US$ 3 billion, and the trend is likely to continue during the assessment period. The North America well intervention market is anticipated to be concentrated in the United States which has drilled over 14,000 wells in 2016 and is envisaged to explore more field wells in the years to come.

Growing at a predicted CAGR of 6.4% during 2018-2026 period, the North America well intervention market may earn high traction on the back of technical advances along with a surge in exploitation of unconventional oil reserves.

Light well intervention is projected to lead the overall market, holding more than half of the share in 2017, followed by the segment of medium wells. In 2016, over 6,000 subsea well existed worldwide; pressure to enhance oil recovery rates from wells are expected to propel the demand for subsea light well intervention services in the near future. In addition, advances in technologies have significantly reduced the intervention cost by nearly 50%-60% as compared to drilling rigs, which is expected to be highly impactful on the growth of light well intervention market. Apart from being a cost-effective alternative, light well intervention enables more operations, resulting into better repair and exploration of subsea wells. This, in turn, will continue to complement the future expansion of well intervention market.

Report Summary of the Report: https://www.factmr.com/report/3216/well-intervention-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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Kenaf Seed Oil Market Revenues are Set to Grow at a CAGR of Over 6% During the 2019-2027 Period

According to a recent report by Fact.MR, the kenaf seed oil market is estimated to continue its bullish run during the 2019-2027 period with global sales poised to surpass 27,000 tons in 2019. The healthy growth of the market can be attributed to the increasing demand for kenaf seed oil in an assortment of industries such as pharmaceutical, lubricants, food and beverages, cosmetics, personal care, and biofuel.

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The study finds that end-users are becoming increasingly aware of the growing demand for kenaf fibers and its derivatives in an array of industries such as paper, construction, textile, furniture, and biofuel. The short harvest time of three to five months makes kenaf a potential alternative to hemp, jute, and flax which can fulfill the demand for natural raw-material in industries while overcoming the problem of deforestation. With sustainability gaining traction in different industries, the demand for kenaf is estimated to rise in the foreseeable future. Consequently, governments around the world are promoting the development of a commercial kenaf value chain. The focus on the development of profitable kenaf value chains is expected to aid in the production of kenaf seed required for the production of kenaf seed oil. Additionally, growing awareness about the potential benefits of kenaf seed oil is likely to become a prime focus of the kenaf value chain in the foreseeable future.

The study finds that kenaf seed oil production is also receiving government support in many countries. For instance, Malaysia renamed its National Tobacco Board to National Kenaf and Tobacco Board which has allocated 2000 hectares of land to small farmers for cultivation of Kenaf. Along similar lines, the Nigerian government announced that it would continue to support the production of kenaf as it has the potential to give the economy a substantial boost. The Fact.MR report opines these initiatives will continue to play a vital role in the kenaf seed oil market growth with sales of conventional kenaf seed oil projected to surpass 24,500 tons in 2019 registering a Y-o-Y growth of more than 5.5% through 2018.

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Accelerating investments in oil and gas exploration activities due to a drop in the supply is creating a surge in the prices of fossil fuels. The growing prices of fossil fuel in addition to extended governmental support for research and development of eco-friendly fossil fuel alternatives is bolstering investments into the production of kenaf seed-based biodiesel. Additionally, kenaf seed-based biodiesel is increasingly gaining traction in an array of industries owing to their non-toxic nature and substantially low emissions. The plant-based fuel offers a potential eco-friendly alternative which can provide efficient performance while lowering the adverse impact of fossil fuel emissions on the environment. Studies have concluded a mixture of diesel and kenaf seed oil-based biodiesel to perform effectively under all load conditions. According to the report, the biodiesel segment is projected to register a Y-o-Y growth of over 7% in 2019 with numerous companies adopting biodiesel due to governmental regulations and in an effort to achieve sustainability.

Changing consumer lifestyle, food quality, and growing awareness about the lack of nutrition in the daily diet is creating a surge in the demand for functional food and nutraceuticals. According to WHO, cardiovascular diseases continue to remain the leading cause of deaths around the world and an increasing prevalence of the condition is propelling the demand for functional food and nutraceuticals that combat the development of the diseases. Numerous studies have suggested kenaf seed oil to exhibit hypocholesterolemia effects which can be leveraged for managing high cholesterol, lipid peroxidation levels, weight, and liver fat. The potential use of kenaf seed oil as cholesterol and weight deterrent can open lucrative opportunities for kenaf seed oil market.

Report Summary of the Report: https://www.factmr.com/report/1087/kenaf-seed-oil-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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Depression Drugs Market – Increase in the Geriatric Population and Chronic Diseases have Been the Crucial Drivers for the Growth of the Market

The depression drugs market, valued at over US$ 6.5 billion in 2017, is likely to witness bearishness in the near future, with a new report by Fact.MR estimating revenues to decline at a -2% CAGR. According to the study, although the prevalence rate of depression has gone up in the last decade, preference for cognitive behavior therapy (CBT) and awareness about the potential side effects has led to a decline in demand for depression drugs. The study finds that US continued to be at the forefront in terms of total depression drugs sold in 2018.

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According to the World Health Organization (WHO), depression has become one of the common illnesses, affecting over 300 million people across the world. In the United States, approximately 10.3 million adults had experienced at least one major depressive episode that resulted in severe impairment, according to the National Institute of Mental Health (NIMH). High prevalence of such depressive episode was observed among people aged 18-25 (10.9%), female adults (8.5%), and male adults (4.8%). According to the Fact.MR study, although depression continues to be a major health issue, medical community and patients are encouraging a non-drug approach to reduce side effects and dependency. Healthcare providers and patients are focusing on cognitive behavior therapy (CBT) and mindfulness-based approaches to foster a long-term management of depression and other mental health issues.

The study finds that demand for depression drugs is also witnessing a decline as end-users have more coping options at their disposal. The huge popularity of mental health apps, such as Headspace, Calm, Moodnotes, Pacifica, and SuperBetter has given patients more control over how they manage depression. Considering the growing body of research supporting the use of meditation and cognitive behavior therapy, the proliferation of tech apps has witnessed a spike in the recent years. The study finds that depression drugs market will continue to be influenced by these evolutions.

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North America and Europe are the two largest depression drugs market globally, owing to concentration of leading market players and increase in R&D of these drugs. While there has been a rising burden of mental illness such as bipolar I disorder and schizophrenia in China and India, lack of wide-ranging awareness regarding antidepressant medications (ADMs) is expected to negatively affect the growth of depression drugs market in the Asia Pacific region. Moreover, different therapies of depression are as efficacious as ADM and their effects are more enduring, which may create a hindrance in future expansion of depression drugs market, especially in Asia Pacific and Middle East & Africa.

Some key players operating in the manufacturing of depression drugs are Otsuka Pharmaceutical Co., Ltd., Johnson & Johnson, Sebela Pharmaceutical Inc., GlaxoSmithKline plc, AstraZeneca plc, Eli Lilly and Company, Allergan USA, Inc., Takeda Pharmaceutical Company Ltd, Novartis AG, Pfizer, Inc., Alkermes Plc, H. Lundbeck, Bristol Myers Squibb Co., and Teva Pharmaceutical Industries Ltd.

Report Summary of the Report: https://www.factmr.com/report/3215/depression-drugs-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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Automotive Seats Market is Poised to Register Healthy Growth at a CAGR of 5% During 2017-2022

According to a recent study by Fact.MR, the automotive seats market is projected to grow at a steady rate during the 2017-2022 period with the global sales poised to surpass US$ 34 billion in 2019. Bolstering automobile sales, the introduction of novel and innovative products, and increasing production are some of the factors contributing significantly to automotive seats market proliferation.

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The gradual digitalization of automotive seat production supply chain is likely to bolster production while enabling manufacturers in substantially reducing the cost incurred during the process. Integration of software platforms such as 3D graphics designers is allowing manufacturers to gain greater control over seat cover designs and make substantial savings on material costs. Additionally, these applications are enabling automotive seat manufacturers in the production of seat covers with efficient positioning of seams to ensure effective distribution of stress and compression making them durable and better fitting. These capabilities coupled with the benefits of synthetic leather are finding increasing usage in the automotive seats production. Fact.MR opines the factor is expected to play a vital role in popularizing the use of synthetic leather as seat covers in the automotive seats market with revenues generated from sales of seats using the material estimated to be valued at more than US$ 22 billion in 2019.

Automotive seat manufacturers are constantly investing in research and development of 3D printers which could efficiently aid in the production of lightweight, durable, and cost-effective components for automobile seats. Currently, the production of a simple and efficient seat bracket requires procuring eight different parts. With the use of additive manufacturing, the seat bracket can be manufactured at once. The technique allows the production of complex components of seat efficiently, quickly, and cost-effectively. Additionally, additive manufacturing can be potentially leveraged to produce seat components using naturally-sourced raw materials. With sustainability gaining prime concern around the world, 3D printing offers a lucrative alternative for automotive seat manufacturers to work in accordance with stringent government regulations while producing efficient and durable components for automotive seats. According to the report, the widespread adoption of the practice in the automotive seats market is estimated to contribute significantly to its proliferation with standard automotive seat sales poised to register a growth of almost US$ 250 million in 2019 over 2018.

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Automobile manufacturers are constantly seeking novel and innovative products to meet the burgeoning consumer expectations for comfort, luxury, and safety inside vehicles. Automotive seating is slowly emerging as a key determinant influencing consumer preferences. In order to consolidate their position in the automotive seats market, manufacturers are increasingly integrating automotive electronics for production of innovative products. Additionally, the growing possibility of autonomous vehicles going mainstream in the foreseeable future is prompting automotive seat manufacturers to invest heavily in research and development of seating systems which would meet the requirements of the upcoming range of automated vehicles. These factors are causing the development of advanced automotive seating systems such as multi-way adjustable control-powered seats, stress and fatigue detecting seats, seats equipped with massagers, and memory seats which could automatically adjust according to defined parameters. Intensive ongoing research in the area is likely to open new opportunities for automotive seat manufacturers.

An incremental surge in the demand for automotive seats for lightweight commercial vehicles is another key factor projected to propel automotive seats market growth. A gradual consumer shift towards using vehicle rental and sharing services is expected to bolster demand for LCVs in the foreseeable future. Additionally, the development of assistive technology to support the growth of these services is estimated to fuel widespread adoption creating a demand for bench/split-bench seats for LCVs. The Fact.MR report opines the factor is crucial to automotive seats market which is projected to generate revenues of more than US$ 2 billion through sales of bench/split bench seats. 

Report Summary of the Report: https://www.factmr.com/report/42/automotive-seating-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

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Breathalyzer Market – Convergence of Breathalyzers and Technology is Likely to be a Key Trend in the Market

According to Fact.MR, the global breathalyzer market was valued at US$ 600 Mn in 2018, and it is anticipated to clock 7.5% Y-o-Y over 2018 to surpass US$ 645 Mn by 2019 end. The recently published report by Fact.MR analyses the growth prospects of the global breathalyzer market by studying several key influencing factors.

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The study finds that the rising demand for breathalyzer s in the government agencies for law enforcement applications will continue to gain traction in 2019 with an estimated valuation of US$ 250 Mn by the year end. Such proliferated rate of adoption of breathalyzer s has encouraged the manufacturers to devise feature-rich and portable devices with utmost efficiency. As a result, a notable shift towards the convergence of technological innovation and breathalyzer devices is witnessed with an aim to provide utmost accuracy.

“breathalyzers are gaining popularity as a crucial diagnostic equipment in medical settings for the detection of multiple diseases, owing to the cost-efficiency, ease of use, and portability that these devices offer. With their extended applications in the diagnostics centers, the global breathalyzer market is poised to witness promising growth prospects,” says the Fact.MR report.

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Rising trends of alcohol consumption in parallel to the growing number of cars used as the primary mode of transportation have resulted in a large number of road accidents. As a result, surging demand for determining the blood alcohol content (BAC) from the government agencies is projected to positively impact the growth of the global breathalyzer  market, especially in North America. According to the U.S. law, individuals with a BrAC level of 0.08% and over are prosecuted. In such cases, breathalyzer s are used as crucial evidence for criminal trials. In addition to alcohol, there is a notable increase in the proclivity of individuals for drugs consumption. As a result, the manufacturers of the breathalyzer  market have been endeavoring towards enhancing the functionality of their products to detect the cases of drug abuse.

According to the report, breathalyzer s also find their applications in the medical field. Surging demand for breathalyzer s in diagnostics centers and hospitals is attributed to the excellent ability of such devices to diagnose asthma, tuberculosis, and pylori infection, which in turn, eliminates the need for multiple blood sample tests. This paves way for the growth of the global breathalyzer  market.

Report Summary of the Report: https://www.factmr.com/report/125/breathalyzer-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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Dental Lasers Market – FDA Approvals to Enhance the Sales of Dental Lasers

According to a recent Fact.MR study, the global dental lasers market is anticipated to register a promising growth during the forecast period of 2017-2022, with market revenues likely to exceed US$ 630 million by 2022-end. Several initiatives undertaken by the World Health Organization to build oral health policies and spread awareness regarding dental hygiene and oral health are encouraging the implementation of advanced dental care services in treating various gum-related diseases and periodontal problems. With gradual transformation in the trend of oral treatment from traditional techniques to innovative and technologically advanced treatment, dental lasers are likely gain center stage in the near future.

Report Customization can be done at: https://www.factmr.com/connectus/sample?flag=RC&rep_id=172

According to the CDC, around 47% adults aged 30 and above are observed to be affected by at least one form of periodontal diseases, while nearly 30% of adults of age 65-75 years are edentulous or devoid of natural teeth. Rising incidences of periodontal diseases such as bleeding in gums and untreated tooth decay may translate into the growth of dental lasers market. Growing preference for advanced dental care services for periodontal problems, dental caries, and gum related diseases are likely to push the demand for dental lasers.

Owing to improved efficiency, less bleeding, comfortable treatment, and better control of soft tissue, dental lasers are widely accepted to be effective tools. The non-invasive painless laser technology has gained immense popularity for its ability to overcome the drawbacks of conventional dental treatments. With rise in purchasing power of consumers, there has been a surge in the demand for laser dentistry and cosmetic dentistry for applications in extraction of tooth, reconstruction and fabrication of dental prosthetic connections, and others. These factors will continue to augment the global expansion of dental lasers market.

Get the Sample PDF of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=172

North America is considered to be the largest market for dental lasers, growing at a double-digit CAGR over the forecast period, with market revenues estimated to surpass US$ 200 million by 2022-end. Growing incidences of dental problems coupled with rising geriatric demographic is expected to directly impact the growth of dental lasers market in the region.

The U.S. remains the most lucrative country for North America dental lasers market, accounting for more than 80% of the total share in 2017. Increase in the adoption of dental lasers among oral care specialists to provide the patients with minimal pain and quick healing will continue to propel the growth of dental lasers market in the developed nations of North America.

Report Summary of the Report: https://www.factmr.com/report/172/dental-lasers-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/

Lewy Body Dementia Treatment Market – Government Initiatives Aimed at Creating Awareness about Lewy Body Dementia Treatment are Likely to Uphold Growth of the Market

According to a latest research study by Fact.MR the global lewy body dementia treatment market is projected to surpass US$ 3,650 Mn in 2019, up from nearly 3,500 Mn in 2018. Broader factors concerning the healthcare industry, especially renewed focus on managing geriatric and mental health issues, are likely to impact growth of lewy body dementia treatment market.

Report Customization can be done at: https://www.factmr.com/connectus/sample?flag=RC&rep_id=1154

Cholinesterase inhibitors will remain the topselling drugs for treating lewy body dementia, accounting for nearly 60% share in 2018. The demand for cholinesterase inhibitors will be followed by antipsychotic drugs owing to their minimal side effects in management of lewy body dementia.

The study opines that macro-economic factors, including growing geriatric population, increasing per capita healthcare expenditure, and paradigm shift towards a value-based healthcare model will drive market growth. Increasing healthcare spending has the potential to directly impact the need for lewy body dementia diagnostics and treatment solutions, which, in turn, will create growth opportunities for stakeholders in the market.

As per the study, the funding for research and investments in drugs has increased significantly, owing to the increasing prevalence of mental health issues, especially in elderly population. According to the study, increase in the number of on-going clinical trials will pave way for more effective lewy body dementia treatment over existing options.

Get the Sample PDF of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1154

The adoption of drug manufacturing processes will lead to enhanced lewy body dementia treatment procedures. Moreover, the growing research and development initiatives in lewy body dementia treatment market will boost the efficiency of the existing lewy body dementia treatment choices, which in turn, will aid stakeholders in appealing to a wider consumer base.

According to the study, the growing healthcare facilities in developing countries, with a high prevalence of lewy body dementia, are creating lucrative growth opportunity for key pharmaceutical companies. Key players in lewy body dementia treatment market are adopting unique strategies, such as capacity expansion, novel product launches, and adoption of innovation-driven products, to increase the sales of their offerings in diverse geographies. Additionally, companies in lewy body dementia treatment market are entering into strategic alliances with other pharmaceutical companies and government bodies for faster development of present pipeline drugs.

According to the Fact.MR study, North America is likely to account for nearly one-third share of the market. This can be attributed to the rapid shift in demand for lewy body dementia treatment in developed economies, which have progressive healthcare sector and healthy reimbursement scenario for expensive drug cost. Furthermore, the easy accessibility for such treatment due to the presence of concerned healthcare professionals is driving growth in North America lewy body dementia treatment market. The study anticipates East Asia to be the second lucrative market for lewy body dementia treatment, following North America.

Report Summary of the Report: https://www.factmr.com/report/1154/lewy-body-dementia-treatment-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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