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Superphosphates Market Sales Likely to Bolster with Rise in Applications during Forecast Period, details Fact.MR study 2019 2029

October 30, 2019 by Steve Blade  

Superphosphate is an advantageous fertilizer comprising a mixture of the di-acid calcium salt of ortho-phosphoric acid coupled with calcium sulphate and some other phosphates. These superphosphates do not have more than 22 percent of phosphorus pentoxide. Superphosphates are the crucial factor for the healthy growth of plants as they can be functional in high concentration to plants ranging from household ones to agricultural crops. Numerous variants of this fertilizer have been formed for different requirements. Besides, manufacturing process of Superphosphates Market fertilizers follows a reaction which involves raw phosphate rock and an appropriate percentage of water and sulphuric acid.

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Manufacturing process releases wastes in the form of harmful chemicals, which creates air pollution and water pollution. Controlling these waste products results in manufacturing the fertilizer in a complicated process that must be supervised in order to ensure the least amount of waste product is released into the environment. Although superphosphate usually mixes well with other products, it is not compatible with potassium nitrate, ammonium nitrate and urea.

Growth in the end-user industries is set to drive the superphosphate market across the globe. The rapid increase in demand by fertilizer industry is anticipated to be a major driving factor propelling the growth of superphosphate market. The global demand for superphosphate is growing due to continuously growing world population and food demand. In addition, there has been an increase in the meat and milk consumption across regions, which has imposed large feed volume and has in turn increased the demand for maximum forage production. On the other hand, superphosphates are cost-effective in nature, which has raised the bar for pasture development and proven to be ideal for maintenance applications. Besides the effective cost, superphosphates cater to appropriate amounts of phosphorous to the plants, which increases the level of phosphorus. Furthermore, rising demand for effective fertile from emerging economies is expected to propel the consumption of superphosphates. However, the availability of low cost alternatives and environmental regulations could hamper the growth of the market.

Superphosphates Market: Segmentation

The global superphosphates market can be segmented by type and by region. On the basis of type, the global superphosphates market is segmented by regular superphosphates and triple superphosphates. On the basis of region, the global superphosphates market is segmented by North America, Latin America, Europe, East Asia, South Asia & Oceania and MEA (Middle East & Africa). The rapid growth in the fertilizer industry has created a substantial demand for superphosphates for pasture development among consumers. On the other hand, rising demand for efficient fertilizers for plants is also anticipated to increase the demand for superphosphates across the industries.

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In the present scenario, Asia Pacific (East Asia and South Asia) is largest producer and consumer for superphosphates trailed by Latin America. Major countries such as China and India have the large scale consumption for superphosphates owing to the well-established agriculture and fertilizer industry. Furthermore, in some region the utilization of superphosphates is restricted, which have phosphate rock resources that are not particularly suitable feed for the more sophisticated chemical processes involved in producing ammonium phosphate and phosphoric acid.

Superphosphates Market: Key Players

Prominent players in the global superphosphates market are Coromandel International Ltd. (India), CF Industries Holdings Inc. (U.S.), OCP (Morocco), Mosaic(U.S.), Phosagro (Russia), Yara International ASA (Norway), Agrium Inc., (Canada), ICL (Israel), Eurochem (Russia) and Potash Corporation of Saskatchewan (Canada), among others. The global players are expected to strengthen their market positions by offering loyalty schemes and competitive prices. Several small-sized players also have a presence in the superphosphates market globally.

Superphosphates Market: Competitive Landscape

The global market for superphosphates is consolidated in nature owing to the presence of a handful of players in the market. The global superphosphates market has lucrative opportunities for new entrants, which will cater to competitiveness in the product offerings and also leads to the reduction in prices of the products.

The research report presents a comprehensive assessment of the Superphosphates market and contains thoughtful insights, facts and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Superphosphates market report provides analysis and information, according to market segments such as geographies, application and industry.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Process Air Heater Market to Record Ascending Growth by 2029

October 29, 2019 by Steve Blade  

Process air heaters are robust hot air components used across numerous industries and commercial processes. Process air heaters are designed to work within a set of range of airflows and air pressures. Additionally, heat torches are low flow and high pressure air heaters. Process heaters are widely applicable for drying, melting, curing, cutting, baking, heat shrinking, de-soldering, metallization, heat staking, air scrubbing, laminating, sterilization, adhesive activation, and hot air & air knives. The rise in the metal processing and fabrication is highly anticipated to increase the demand for sales of Process Air Heater Market

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Process Air Heater Market: Dynamics

The global process air heater market has witnessed a steady growth over the past decade and is highly anticipated to witness growth over the forecast period.  Growth in the industrial manufacturing sector has occasioned in the increased demand for process air heaters across all major developing economies. The macroeconomic factor, such as booming urbanization & industrial activities coupled with technological advancement in the metal fabrication industry is further supplementing the growth in the sales for process air heater. The noteworthy increase in sales of process air heater due to rise in the demand for hot air in the process flow for industrial manufacturing process is highly estimated to drive the global process air heater market. Moreover, considerable growth in the East and South Asia semiconductor and electrical sector and rising demand for robust electronic devices is anticipated to create a significant opportunity for the global process air heater market. Furthermore, the superior performance characteristics of process air heater such as built in remote control panels, easy to operate, and compact design is highly anticipated to boost the sales of process air heater. As process air heater plays a significant role in metal processing and fabrication operation, process air heaters are gaining huge recognition across all major developing regions. All the above stated major influencing factors are likely to drive the global process air heater market over the forecast period. The key restraining factor such as high cost of the product, high energy consumption of process air heater and prominence of conventional heating technique in the current market may hinder the global process air heater market growth over the forecast period.

Finned tubular process air heaters are anticipated to showcase extraordinary growth rate during the forecast period due to its low cost and its operational efficiency. On the other hand, metal processing sector segment is anticipated to see rapid market growth over the forecast period, attributed to phenomenal growth of the sector.

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Process Air Heater Market: Regional Outlook

The global process air heater market is segmented into seven regions: North America, Europe, MEA, East Asia (Japan, China, and South Korea), South Asia (India, Thailand, Malaysia, Indonesia, Philippines and Rest of South Asia), Oceania (Australia, New Zealand) and Latin America. Among the above-mentioned countries, East Asia is projected to account for a notable market share due to the predominant presence of electrical and electronics industries. South Asia is anticipated to witness a high growth in the global process air heater market owing to the rise in metal processing and packaging industry. Furthermore, Latin America and MEA is projected to showcase most enthusiastic growth in the global process air heater market due to the rise in the industrial sector. Europe and North America are one of the key matured regions that will create praiseworthy demand opportunity over the forecast period for the process air heater.

Process Air Heater Market: Prominent players

Prominent players for the global process air heater market are Leister Technologies AG, Daspass Sales Corporation, Tutco-Farnam, Indeeco, Chromalox, Inc., Tempco Electric Heater Corporation, Micropyretics Heaters International Inc. and Tutco Inc., among other key market players. The process air heater market consists of well-diversified global and regional players with the regional players ruling the market.

The research report presents a comprehensive assessment of the process air heater market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Process Air Heater market report provides analysis and information according to market segments such as geographies, product type and end-use sector.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Pennyroyal Oil Market Estimated to Soar Higher During 2019 2029

October 29, 2019 by Steve Blade  

Pennyroyal oil, also known as squaw mint, is an herbal extract derived from leaves of the plant called Mentha pulegium, a species from the Lamiaceae family or mint family. It has minty aroma when crunched and hence, has extensive usage in the flavor and fragrance industry. Pennyroyal oil finds applications as a flea repellent, for fragrance in detergents, soaps, and perfumes, and in skin applications. Pennyroyal oil is the most toxic and concentrated form of pennyroyal plant. It contains 80% - 90% of cyclohexanone pulegone, a molecule with the highest concentration of pennyroyal plant. Pennyroyal oil is highly toxic, and its usage has caused severe illness, liver failure, and death. It has been reported that pennyroyal oil was consumed by women to accelerate menstruation and abortion. The global Pennyroyal Oil Market has witnessed a healthy CAGR in the forecast period, owing to the rise in the flavors & fragrance industry.

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Pennyroyal Oil Market: Market Dynamics

A key driving factor for the growth of the pennyroyal oil market is its widespread usage in the flavors & fragrance industry. The global flavor & fragrance industry, including essential oils, natural extracts, and aroma chemicals accounted for ~ US$ 30 Billion in 2018, and is growing at a rate of ~ 4.4% globally. The increasing consumer preference for natural products drives the value market growth of pennyroyal oil, as natural ingredients tend to be expensive. Rapidly rising incomes, urbanization, and middle-class population are spurring the growth of home & personal care products, contributing to pennyroyal oil market growth. Moreover, increased usage of pennyroyal oil in growing economies and ongoing research & development activities on the extraction process have brought immense opportunities for the global pennyroyal oil market to grow for long-term. However, adverse effects of pennyroyal oil such as liver & kidney damage, stomach pain, nausea, vomiting, seizure, etc., have dampened the global pennyroyal oil market growth. Also, government regulations and environmental conditions affect the growth of the pennyroyal oil market globally.

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Pennyroyal Oil Market: Regional Outlook

Mentha pulegium is native to Europe, North America, and Latin America, and is also found in some parts of Asia. Among regions mentioned above, Europe holds majority of the share in the global pennyroyal oil market, owing to high consumption of pennyroyal oil in the region. Europe is one the largest markets for flavor and fragrance and medicinal herbs, creating high demand for pennyroyal oil in this region. North America, on the other hand, is also one of the largest consumers of pennyroyal oil, owing to growing consumer preference for mint aroma in fragrance, and the second-largest producer of pennyroyal oil. Latin America has witnessed lucrative growth in the mid-term forecast. It is also one of the early users of pennyroyal oil as the insect repellent. The East Asia region is the fastest-growing region in the global pennyroyal oil market owing to an increased demand for fragrance, and the region has started exploring new opportunities in the market. In South Asia & Oceania, the pennyroyal oil market has witnessed a lucrative growth, and the use of pennyroyal oil as ayurvedic herbs has been noticed, especially in India. However, due to high cost of pennyroyal oil, the penetration of the market in the region is low.

Pennyroyal Oil Market: Prominent players

Prominent players in the global pennyroyal oil market are Augustus Oils Ltd., BERJÉ INC., Fleurchem, Inc., Jiangyin Healthway International Trade Co., Ltd., Robertet, Ernesto Ventós, S.A., George Uhe Company, Inc., Indenta Chemicals (India) Pvt. Ltd. and Kanta Enterprises Private Limited. The global pennyroyal oil market is fragmented due to presence of numerous global and regional players.

The research report presents a comprehensive assessment of the pennyroyal oil market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The pennyroyal oil market report provides analysis and information, according to market segments such as geographies, application, and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
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Read Industry News at – http://www.thecloudtribune.com/

 

 

 

Organic Lake Pigments Market Revenue Growth Predicted by 2029

October 29, 2019 by Steve Blade  

Organic lake pigments are primarily pigments that have been manufactured from a dye by introducing a solvable dye with a metallic salt. The subsequent pigment is called an organic lake pigment. An organic lake pigment is generally formed by FD&C dyes, which generally are not oil-soluble, and they can be mixed with sugars and fats. They can also be discrete in other carriers such as sucrose (water and sugar), glycerin, and propylene glycol. The global market for organic lake pigments is likely to surge during the forecast period, owing to their extensive use in the cosmetic industry, mainly for producing lipsticks and soap products. Moreover, their benefits, including stability and concentration, are attracting manufacturers around the world. Nowadays, prominent companies prefer to use Organic Lake Pigments Market for coating drugs, eye makeup, and food, rather than other chemical-based pigments. The demand for organic lake pigments is expected to significantly increase during the forecast period, due to their increasing use for the extensive coloring of a variety of products, including cosmetic and pharmaceutical products. The demand for lake pigments such as red lake pigments and yellow lake pigments is also expected to increase during the forecast period.

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Cosmetic Industry Likely to Create Lucrative Opportunities for the Organic Lake Pigments Market

An organic lake pigment is obtained from various reactions, including the addition of metallic salt and soluble dye. These organic lake pigment colors are certified colors that are safe for cosmetic use. As lakes are available in a wide array of colors, manufacturers prefer these types of pigments for the production of various cosmetic products. The powder form of organic lake pigments is more popular among manufacturers; some of the key manufacturers prefer the paste form of organic lake pigments for the production of lipsticks.   

Global Organic Lake Pigments Market Likely to Register High-digit CAGR over Forecast Period

The global market for organic lake pigments is likely to increase in the coming forecast period because of their two primary end-use industries - cosmetics and pharmaceuticals. According to Fact.MR, this market is likely to grow at a high-digit CAGR (compound annual growth rate) during the forecast period. North America dominated the global market for organic lake pigments in 2018. East Asia and Europe are expected to witness a sizable rise in the overall sales of organic lake pigments. Countries such as the U.S., China, and Brazil, among others, are expected to propel the demand for organic lake pigments over the forecast period. Prominent companies are significantly contributing to the production and various types of lake pigments such as yellow, indigo, and red lake pigments, thereby boosting the growth of the organic lake pigments market, globally.

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Global Organic Lake Pigments Market: Segmentation

The organic lake pigments market can be segmented into extract, form, end-use industry, and packaging type. By extract, the global organic lake pigments market can be categorized into Annatto, Paprika, Riboflavin, Saffron, and others. The organic lake pigments market can be segmented by form as powder, paste, and others. By end-use industry, the organic lake pigments market can be segmented into food, pharmaceuticals, cosmetics, and others. By packaging type, organic lake pigments market can be segmented into bottle and bulk packaging. The global organic lake pigments market can be segmented on the basis of the geographical regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, the Middle East & Africa (MEA), and Emerging Countries.

Global Organic Lake Pigments Market: Key Players

The global market for organic lake pigments comprises several developers who are primarily converging on developing advanced versions of organic lake pigments mainly for food and beverage products. Companies engaged in the manufacturing and distribution of organic lake pigments are focused on expanding their business footprint by enhancing their product portfolios related to organic lake pigments. Some key market participants are BASF SE, Pylam Products Company, Inc., Chromatech, Inc, Clean-Flo International, The Shepherd Color Company, Colorcon, Clariant Corp., Kohinoor Group of Industries, Standardcon Pvt. Ltd., and Neelikon, Koel Colours Pvt. Ltd., among other prominent players.

The research report presents a comprehensive assessment of the organic lake pigments market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for organic lake pigments. The research report provides analysis and information according to organic lake pigments segmented by extract, form, end-use industry, and packaging type.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
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Navigation Light Market Projected to Witness a Single-Digit CAGR During 2019 2029

October 29, 2019 by Steve Blade  

The navigation light, also known as positional light, is a colored source of illumination fitted on waterborne vessel, aircraft and spacecraft. The increase in aircraft fleet and seaborne trade across the globe drives the growth of Navigation Light Market. Navigation light helps in determining the position and status of approaching ships or aircraft as well as preventing collision. International convention or civil authorities mandates the navigation light placement, stringent government regulations requiring the installation of navigation light on steamboat and aircraft is likely to accelerate the growth of global navigation light market. The trend LED marine navigation light are gaining popularity due to their energy efficiency and long lifetime. Recently, R.STAHL TRANBERG launches TRANBERG- BlueLine Lighting Series- a portfolio of high quality, cost-effective and next-generation lighting for marine sector.

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Navigation Light Market: Dynamics

The growing aerospace and marine industries have also created an immense opportunity for navigation light market. Growing global energy efficiency movement adds to the importance of lighting control system in the general lighting sector year-by-year. These benefits of navigation lighting systems are expected to translate readily into new business opportunities for lighting companies. However, the collapse of Chinese shipbuilding industry hinders the market growth. Furthermore, the decline in manufacturing cost of LEDs is opportunistic for the navigation light market. The new technologies in navigation light have gained massive traction in the last few years and are estimated to continue this trend during the forecast period.

Navigation Light Market: Regional Analysis

The global navigation light market is segmented into seven regions: North America (U.S, Canada), Europe, MEA, East Asia (Japan, China, and South Korea), South Asia (India, Thailand, Malaysia, Indonesia, Philippines, and Rest of South Asia), Oceania (Australia, New Zealand) and Latin America. The Asia Pacific accounted for most significant percentage of market share in the overall navigation light market. Further, Asia Pacific is projected to continue its dominance over the forecast period on account of growing marine industries and increasing international trade. Increasing massive growth in GDP and trade volume in China & India is envisioned to bolster the growth of navigation light market. North America navigation light market anticipated showcasing a significant increase in the next few years due to a rise in the number of International commerce in the U.S and Canada.

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Navigation Light Market: Segmentation

The global navigation light market can be segmented on the basis of end-user type, light intensity type, product type and light type.

According to the end user, the navigation light can be segmented as:

  • Marine
  • Aerospace

According to the light intensity type, the navigation light can be segmented as:

  • Low light intensity
  • Medium-light intensity
  • High light intensity

According to the product type, the navigation light can be segmented as:

  • LED type
  • Halogen type
  • Incandescent type
  • Others

According to the light type, the navigation light can be segmented as:

  • Sidelight (Red and green)
  • Stern light (white)
  • Masthead light (white)
  • Others

Navigation Light Market: Key Manufacturers

The key manufacturers in the global navigation light market are – Venta Global Ltd., Attwood Marine Products, Glamox ASA, AVEO Engineering, PERCO. INC, Lopolight Aps, Hella Marine, TRANBERG and Navisafe AS among other market players.

Navigation Light Market: Competitive Analysis

The market for navigation light market can be moderately consolidated because of the presence of key players. Manufacturers of navigation light technology are actively engaged in accommodating a surge in demand for navigation light in different aviation and marine application. Players in the market are trying to push products in different sales channel for expansion in the global market as well as focus on increasing the product portfolio.

The research report presents a comprehensive assessment of the navigation light market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to navigation light market segments such as end-user, light intensity type, product type, and light type.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at – http://www.thecloudtribune.com/

Muriatic Acid Market Size will Escalate Rapidly in the Near Future 2029

October 29, 2019 by Steve Blade  

Muriatic acid is essentially the technical grade of hydrochloric acid (HCl), which is pale yellow in color. It is produced by the dilution of hydrochloric acid gas usually below 40 wt. % of hydrochloric acid. The contaminants added to produce muriatic acid can be customized as per the requirement in specific applications. Muriatic Acid can be found in various consumer products such as cleaners, and is also manufactured for application in the food processing industry. It is regarded as a corrosive liquid by OSHA and is classified under FDA (172.892), ASTM (E 1146-97), and various other standards. Most of the muriatic acid produced is consumed locally, with very few quantities of muriatic acid available for global trade.

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Muriatic Acid Market: Dynamics

Muriatic acid is prominently used in the manufacturing of organic chemicals. It is also widely used in the production of polyvinyl chloride (PVC) plastic. The demand for PVC is increasing, which in turn, surges the demand for muriatic acid from PVC manufacturers. The increasing production of various organic chemicals is also expected to increase the demand for muriatic acid. It is used in water & wastewater treatment applications as well as in the form of pH stabilizer in the production of various inorganic water treatment compounds such as polyaluminium chloride (PAC), iron chloride, and others. Various pharmaceutical intermediates are produced using muriatic acid as a precursor. Other applications of muriatic acid include household cleaners, leather processing, building constructions, and others. The use of muriatic acid in oil-field acidizing is also major. It is used to dissolve the portion of oil rock by injecting muriatic acid and creating large pore structure for oil formation. This process is used by petroleum manufacturers especially by the North sea oil production industry. Steel pickling is another major application area of muriatic acid. It is the process of removing rust from the surface of iron or steel before subsequent processing such as galvanizing, extrusion rolling, and other techniques. Generally, 18 wt.% of HCl muriatic acid is used for this application.

The slow-down in the construction sector and developments of chlorine free alternatives for the production of chemicals are some of the restraints for the growth of global muriatic acid market.  However, these factors hamper the growth only to a small extent. The global muriatic acid market is driven by the increasing production of organic & inorganic chemicals that are used in various applications.

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Muriatic Acid: Regional Outlook

The global muriatic acid market is expected to increase with medium to high CAGR, owing to increase in demand from chemical manufacturers, food processers, plastics industry, and others. China is anticipated to remain the largest consumer of muriatic acid followed by North America & Europe regions. With the development of the polymer sector in the South Asia region, the demand for muriatic acid is expected to increase in the region, owing to the increase in the consumption of consumer products. The demand for muriatic acid is expected to remain moderate in the Middle East and Africa region, owing to the slow-down of oil & construction industries in the region.

Muriatic Acid: Key Players

The market for muriatic acid is highly fragmented with the presence of many local and international key players. However, some of the global key players include Dow Chemicals Company, BASF SE, Olin Corporation, Occidental Chemical Corporation, Solvay SA, INOVYN ChlorVinyls Limited (ineos company), Xilong Chemicals Co. Ltd, Pioneer Forensics, LLC, HASA INC, Formosa plastics corporation, and others.

The research report presents a comprehensive assessment of the muriatic acid market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Muriatic Acid market report provides analysis and information, according to market segments such as geographies, application, and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at – http://www.thecloudtribune.com/

Medicinal Fungi Market Growth to be Stimulated by 2029

October 29, 2019 by Steve Blade  

Medicinal fungi are mushrooms that are cultivated for their high nutrient profile of antioxidants, proteins, amino acids, and vitamins. Medicinal fungi are native to the Asia region, and they are cultivated on a large scale in this region. Medicinal fungi are known for their cure for common cold, seasonal allergies, alleviating asthma and bronchitis, inflammations, and to enhance the functioning of the nervous system. Globally, with growing consumer interest toward health food products, especially in Europe and North America, distributors are increasing the number of outlets that offer a vast array of functional beverages integrated with Medicinal Fungi Market. In 2017, Kellogg’s announced its investment in a mushroom protein company, in order to fulfill the consumer demand for vegan protein. However, the marketing and promotion of these products are essential, as a large number of consumers are not aware of the health benefits of fungi. Globally, the demand for medicinal fungi is expected to increase drastically, owing to the changing purchasing patterns of consumers towards medicinal food that offer plentiful health benefits.

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Global Medicinal Fungi Market Likely to Register High Growth Over Forecast Period

The global market of medicinal fungi is likely to increase in the coming forecast period because of its three primary end-use industries - food, cosmetics, and pharmaceuticals. According to Fact.MR, its market is likely to grow at a high CAGR (compound annual growth rate) during the forecast period. East Asia dominated the global market for medicinal fungi in 2018. Europe and North America are expected to witness a sizable rise in the overall sales of medicinal fungi. Countries such as the U.S., China, and Malaysia, among others, are expected to propel demand for medicinal fungi over the forecast period. Prominent companies are significantly contributing to the production and various types of medicines from fungi, thereby boosting the growth of medicinal fungi market, globally.

Pharmaceutical Industry Likely to Create Lucrative Opportunities

Medicinal fungi are primarily known as vegan food, which can enhance the immunity system of humans. Medicinal fungi contain a substantial amount of antioxidants, which is capable of destroying free radicles. This capability of medicinal fungi is attracting manufacturers in the pharmaceutical industry for the production of medicines from natural ingredients. However, there is limited study available that proves the overall effects of fungi on the human body. Moreover, many studies suggest that, medicinal fungi can also be used for minimizing the effect of cancer on the body.

To know more about the Medicinal Fungi Market Visit the link- https://www.factmr.com/report/4117/medicinal-fungi-market

Global Medicinal Fungi Market: Segmentation

The medicinal fungi market can be segmented into type, form, end use, application, and packaging type. By type, the global medicinal fungi market can be categorized into chaga, cordyceps, enoki, turkey tail, lion’s mane, oyster mushroom, shiitake, maitake (hen of the woods), chanterelle, morel mushroom, and others  The medicinal fungi market can be segmented by its form into powder, whole, slices, and extract. By end use, the medicinal fungi can be segmented into household, commercial, and industrial. The industrial segment is further sub-segmented into dietary supplements, functional food & beverages, and personal care & cosmetics. The global medicinal fungi market is also segmented into application as antioxidants, immune enhancers, anti-cancer, and skin care. By packaging type, the medicinal fungi market can be segmented into bottle, bulk, and tetra packaging. The global medicinal fungi market can be segmented on the basis of the geographical region into North America, Latin America, Europe, South Asia, East Asia, Oceania, the Middle East & Africa (MEA), and Emerging Countries.

Global Medicinal Fungi Market: Key Players

The global market for medicinal fungi comprises several developers that are primarily converging on developing advanced versions of medicinal fungi mainly for food and beverage products. Companies engaged in the manufacturing and distribution of medicinal fungi are focused on expanding their business footprint by enhancing their product portfolios related to medicinal fungi. Some key market participants are Nutra Green Biotechnology Co., New Roots Herbal Inc., Names (North American Medicinal Mushroom Extracts), Amax NutraSource, Inc., Nyishar, Real Mushrooms, Oriveda BV, Bonduelle, Agro Dutch Industries, The Mushroom Company, Modern Mushroom Farms, Banken Champignons, Delftree Mushroom Company, Monaghan Mushrooms, Hughes Mushrooms, Scelta Mushrooms, Monterey Mushrooms, etc.

The research report presents a comprehensive assessment of the medicinal fungi market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for medicinal fungi. The research report provides analysis and information according to the medicinal fungi market segmented into type, form, end use, application, and packaging type.

The report is a compilation of first-hand information of qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain for medicinal fungi. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of medicinal fungi. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Marine Steering Gear Market Size will Observe Substantial Growth by 2029

October 29, 2019 by Steve Blade  

Marine steering gears have been a crucial part of a ship’s machinery since the initiation of the early ships, which were controlled by hand influence in steering the vessel. Also, irrespective of the type, operation, and size of the boat, Marine Steering Gear Market are combined with rudder system supports in ship turning when required, thus defining a comprehensive turning mechanism. The simple requirement of marine steering gears are guided and subjected by the standards and rules that infer to the capability of steering or turning a ship from 35 degrees right to 35 degrees anchorage and vice versa. Furthermore, key control systems and power components are replicated so that they can effortlessly be substituted during a failure, along with the emergency power source through an emergency generator attached to an additional power unit.

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Global Marine Steering Gear Market: Dynamics

Rotary vane marine steering gears are an extensively selected mechanism that leads to low noise and vibration, besides ensuring full torque accessibility at entire rudder angles. Moreover, rotary vane marine steering gears also cater to comparatively more flexibility, as the steering gear is more improved for the kind of rudder used. These aspects are projected to drive the global marine steering gear market during the forecast period. Furthermore, the increasing demand for marine steering gears for medium- and large-sized vessels, and thus the accessibility of 2, 3, or 4 vane selections, is expected to boost the global demand for marine steering gears in the coming future. Prominent aspects such as excellent power-to-weight ratio, compact size, integrated rudder carrier, and simplified maintenance are further expected to fuel the growth of the global marine steering gear market over the forecast period. Stringent military regulations and standards for manufacturing steering gears to lower shock, vibration, and noise are estimated to drive the global marine steering gear market over the forecast period. Further, the vigorous and modest design of actuator type marine steering gears provides reliability and redundancy, which is expected to expand the growth of the global marine steering gear market in the near future.

Global Marine Steering Gear Market: Segmentation

The global marine steering gear market can be segmented by gear type, power source, and region. Based on gear type, the global marine steering gear market is segmented by ram type and by rotary vane type. Ram type marine steering gears are the most frequently used type, which are somewhat expensive in designing and construction. In ram type marine steering gears, the sense of wheel turning is directed by the stroke of a hydraulic pump. Instead, the rotary vane type steering gear has a static casing wherever two vanes switch coupled with the housing with blades form the four chambers. On the basis of power source, the global marine steering gear market is segmented into hydraulic and electro-hydraulic. The global marine steering gear market is analyzed by seven regions, which are North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA (the Middle East & Africa).

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Global Marine Steering Gear Market: Regional Outlook

Europe is projected to register significant growth in the global marine steering gear market, owing to robust investments done in countries such as Russia, France, and other European countries over the last couple of years. Additionally, the recent deceleration seen in the Chinese economy is estimated to affect several domestic industries, which can create gaps in the implications for the nautical economy across the globe. Changes in demographic and growth rates of populations in developing countries may pretense implications for the naval sector in the near future. Moreover, increasing import rates of finished goods due to increasing disposable income and sinking of commodity prices are anticipated to drive the global marine steering gear market during the forecast period.

Global Marine Steering Gear Market: Key Players

Key players in the marine steering gear market are Data Hidrolik, Jastram Engineering Ltd., Brusselle Carral Marine, Wills Ridley Ltd, REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o., Rolls-Royce plc, KATSA OY, Nufoss Services Pte Ltd., Palmarine, and other market players.

The research report presents a comprehensive assessment of the marine steering gear market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The marine steering gears market report provides analysis and information, according to market segments such as geography, gear type, and power source.

The marine steering gear market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The marine steering gear market report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Live Goods Market Size Projected to Rise Lucratively during 2019 2029

October 29, 2019 by Steve Blade  

Home gardens and decorative plant displays have become the new crusade for modern lifestyle. Albeit a niche industry, live goods have been faring well in the global market. The live goods market is heavily dependent on the climate and surrounding environmental factors. As seen with the climate change, the dependencies for the Live Goods Market are changing rapidly. The focus is towards creating a sustainable environment and thus contributing on a microscopic scale towards a better living conditions. As seen in the recent years, people are purchasing sustainable and low maintenance display plants.

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Market Dynamics

Live goods market can be viewed in two different orientations – seasonal live goods and conventional live goods. The conventional live goods include plants like cactuses, shrubberies, and display plants. The movement in the live goods market is towards increasing the production of the live goods to satisfy the demand. Item specific strategies in development of live goods has been embraced by the industries. The development of better protocols has also been integral to increase production of live goods. The fertilizers market has seen a fluctuating trend in the recent years. The preference of organic and clean fertilizers has been driving the market. The long term effect of fertilizers will lead the live goods market in a better direction. The ornamental live goods are the trees and flowers used in the festivals. The most popular and trending ornamental live goods are the decorations used during Halloween and Christmas. The live good market experiences heavy growth in the holiday season.

Food Revolution in America

According to National Gardening Association 35 percent of households in the US grow food either at home or in a community garden. The young generation has taken lead in contributing to the statistics. The preference of having a plant in studio apartments has been rising. Having plants in your living place has shown to increase productivity and amplify good vibes in the environments. Many students moving away from home have been seen to have small plants and shrubs in living space to combat their anxiety. This has helped the live goods market to develop for the new generations.

The gardening industry has seen a steep rise in the European market. Gardening industry is likely to help augment the live goods market in the European region.

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Classification of live goods

Live goods entail any type of plants that are sustainable at home. The live goods can be classified by type, product type and sales channels. The live goods are divided into two types, terrestrial live goods and aquatic live goods. The preference of terrestrial live good has been shown with the growing urbanization. In terms of product type, the live goods are divided in plants, trees, shrubberies and others. Live goods are available via multiple sales channels like Garden Centers & Nurseries, E-Commerce, Farm Supply Stores and Other Distribution Channels. The preference of the consumers leans towards buying live goods from local garden centers and nurseries.

Live Goods Market

Key players in the live goods market are Costco Wholesale, Dale Hardware, Inc, McGregor Plant Sales, The Home Depot, JC Penney, Walmart, and Amazon among others. The preference of the consumers is towards buying goods offline via local stores. The consumers buying the live goods from online retails stores prefer to buy seasonal and ornamental live goods. Large retail stores accounted towards majority share in the live goods sale during the recent years. 

The research report presents a comprehensive assessment of the live goods market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to live goods market segments such as geographies, type, product type, and sales channel.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Government Support will Boost Lawn Care Chemicals Market Size

October 29, 2019 by Steve Blade  

A lawn is an area covered with various species of grasses used around houses, apartments, commercial buildings, & offices. Lawns are specially used as parks, turfs, golf courses, pitch, or fields depending on the sport or application. Lawn chemicals are the fertilizers, herbicides, and insecticides used for lawn and garden care. Lawn Care Chemicals provide necessary macronutrients and protect lawns by restricting the growth of unwanted plants and from insects.

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Lawn care chemicals focus on the nourishment of grass and increase its resistivity to weeds, diseases, and pests. Lawn care fertilizers usually contain nitrogen, phosphorus, and potassium (potash). In the United States of America every year around 70 million pounds of pesticides (including herbicides) are used in lawns.

Each year, around 70 million pounds of pesticides (including herbicides) are used in lawns alone in the United States of America. Whereas, in Canada, more than a million bags of synthetic lawn fertilizers are sold each year. The trend of outdoor activities spurs the growth as consumers prefer a beautiful space outside their homes where they can go & relax from the hectic life of regular jobs. Various aspects are there where we can find applications of lawns such as gardens, households, commercials, & others.

 Lawn Care Chemicals Market: Dynamics

Lawn and garden consumables demand is expected to rise as there is healthy growth in the residential construction market. There has been continued growth in organic products, which will also boost the market growth in upcoming years. Lawns are also contributing to increasing market values of homes, which is another reason for increasing demand for lawn care chemicals in the forecasted period. Consumers pay a lot of money to lawn-care companies to fertilize their yards, to see greenery and perfection.

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Lawns are seen as outlets of leisure to escape the grind of daily life, used for meditation and exercise, or as playground, hence, people are willing to invest in the market. The preference for lush, green parks, and colorful gardens will be the key driving factor for the residential market growth of lawn care chemicals. Furthermore, rising interest in gardening will boost the growth in upcoming years. Everyone wants some green space in front of their households or commercial establishment to increase the beauty, to be decorative or to have some fresh air. Consistent market growth in the lawn care chemicals market is enabling new opportunities in this particular niche. And all these factors are increasing lawn care companies every year.

Lawn Care Chemicals Market: Segmentation

The lawn care chemicals market is segmented into application, product type, business, and region.

Based on Application: Segmentation of Lawn Care Chemicals Market

Households, Playfields, turfs, greenhouse, and ornamental professionals

Based on Product Type: Segmentation of Lawn Care Chemicals Market

Fertilizer, fungicide, insecticide, herbicide and plant growth regulators

Based on Business: Segmentation of Lawn Care Chemicals Market

The lawn care business can be divided into two types, residential and commercial.

Lawn care fertilizers usually contain nitrogen, phosphorus, and potassium (potash), which are the essential macronutrients for plant growth. Herbicide, commonly known as a weed killer, is used to kill unwanted plants to increase the productivity of desired plants in the lawn. On the other hand, insecticides are used to kill grubs, ticks, and fleas that damage grass.

Lawn Care Chemicals Market: Regional Outlook

The lawn care market is segmented into the following seven regions, including North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa (MEA). The development of new residential areas & rapid urbanization has resulted in tremendous growth in the lawn care chemicals market. This growth is expected to continue in the forecasted period.

North American countries such as the US & Canada, are the most prominent users of lawn care chemical products. Healthy growth has been observed in the professional lawn care segment and expected to rise per year in the forecasted period. Lawn care chemicals are gaining momentum in European countries such as Germany, the UK, & others, and the market is anticipated to reach values of more than billion USD by the end of 2029. East Asian countries like China, India, South Korea, & others share the largest market share in the production as well as in the consumption of lawn care chemicals. A substantial growth in the market has been seen in various countries like Switzerland, Australia, & others.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
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United States
Email: sales@factmr.com
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Read Industry News at – http://www.thecloudtribune.com/