Global Vitamin Consumption Market – Market Outlook & Trends 

The Global Vitamin Consumption Market was evaluated at USD 5.18 billion in 2019 and is anticipated to reach USD 9.10 billion by 2027, at a CAGR of 7.30 % during the projection period.  The constant growth of the wellness industry, rising demand for healthier & nutritional foods amid consumers worldwide, increasing awareness about health issues and diseases, rise in per capita disposable income of consumers are the factors fueling the vitamin ingredients market.

The consciousness about lifestyle diseases has further uplifted growth. Lack of awareness concerning the number of dietary additions or supplements limits market growth and poses a significant challenge for the product. However, rising intake of junk food and alcoholic beverages and lifestyle changes leading to growing nutritional imbalance among consumers is foreseen to mount product request universally in the subsequent years.

Global Vitamin Consumption Market – Overview 

Vitamins are organic micronutrients essential for the development, repair & metabolism of the human body. They must be present in ample quantities in the human diet as the body cannot produce it sufficiently. Thus, it leaves ample scope of development for food items and supplements, ensuring adequate vitamin intake. Such products are mainly used in sports nutrition, food & beverage, nutraceuticals, and personal care industries. Ingredients containing vitamins A, B, C, D, E, and K are extensively deployed in preparation of animal feed, food and beverages, cosmetics, pharmaceuticals, and other industries. The ophthalmologists regularly prescribe medications or supplements containing Vitamin A to improve eyesight and treat eye-related ailments like myopia, cataract, and night sightlessness. The vitamin A market has gained significance as it assures substantial returns from the market. Vitamin D helps to control diabetes and hypertension and captivate calcium for bone health. It is also an attractive market segment in terms of returns and demand.

Key Drivers 

Diseases caused due to feeding block, and vitamin deficiencies are fueling the market growth 

In current years, people are experiencing more and more vitamin deficiencies due to chaotic lifestyles, shortened mealtimes, and loss of nutrients during cooking and highly processed food consumption. However, increased consumer awareness regarding diseases caused by the same has resulted in...

The Global Air Traffic Control Market was appraised at USD 8 billion in 2019 and is estimated to reach USD 10.1 billion by 2027, at a 3% CAGR of during the projection period. The increasing demand for the global Air Traffic Control Equipment market can be attributed to rising air traffic. Besides, the need for flexibility and seamless control over air traffic control systems plays a vital role in market growth. Conditions and rules stipulated by regulatory bodies have brought air traffic control units under the limelight. Caution and precision are significant watchwords for people working across air traffic control units. Furthermore, the need for renewed developments in air traffic management is also distinguishing these units.

Due to these factors, the global Air Traffic Control Equipment market seems to follow a lucrative development path in the coming years. The development of new airports and the expansion & modernization of the existing ones to address increasing passenger & freight traffic are likely to push requests for air traffic control equipment. Advancements in microelectronics have opened up enormous growth opportunities for the Air Traffic Control Equipment Market, which is likely to support and continue over the prediction period. There is a constant need to check air traffic without interruption, which is difficult with the standby arrangement of obsolete ATC equipment only. To uphold traffic flow supervision, new equipment is operated parallelly with the current one. As the existing equipment has not been phased out completely, it poses a challenge to the Air Traffic Control Equipment market's growth.

Global Air Traffic Control Market – Overview

Air traffic control is a service required to assist orderly, safe, rapid, and efficient movement of air traffic. It also supports aircraft to operate in an adverse climate and prevents crashes in any condition. It notifies aircraft regarding operational routes and aids available in case of aircraft distress. Aircraft traffic management ensures the safety of all operating aircraft. The air traffic control system in Federal Aviation Administration is subdivided into these divisions, namely, Air Traffic Control System Command Center, Air Route Traffic Control Centers, Terminal Radar Approach Control, Air Traffic Control Tower, and Flight Service Station. 

Key Drivers 

Increasing Investments in Aviation

The Global Collision Repair Market was worth USD 181.52 billion in 2019 and is estimated USD 237.19 billion by 2027, at a CAGR of 3.4 % during the projected period. Progressive tools and technology growth in automotive collision repair products will enhance the market request. Road traffic injuries are the foremost reasons for increasing human fatalities amidst rapid and increased motorization and transportation for the swelling population. The lack of severe safety measures and applicable guidelines in developing economies contributes to increasing accidents, boosting the market growth for collision repair.

The negligence in road safety and non-adherence to the traffic rules are the triggers for this market. Furthermore, natural calamities and spurt in road accidents leading to the vehicle's damage activate the growth. Another factor driving business sector development is the quick progression of paints and coatings innovation, which adapts with the protective automobile materials and provides a neat appearance to the automobile. However, the harmful environmental effects of the use of cheap synthetic layer and refinishing materials hamper the market growth to a certain extent. The surge in hybrid and electric vehicles and growth in driverless cars also intensify the growth of the automotive collision market. The growing sales and the aging of vehicles globally ratify continuous development of this market

Global Collision Repair Market – Overview 

Automotive collision repair services include denting, replacement, painting, refurbishment, and repairs. Vehicle insurance companies finance collision repairs for vehicles based on insurance coverage claims for vehicle collisions in most of the cases. Some workshops collaborate with insurance firms to help the customers propose vehicle collision repair services and estimate their cost. Apart from this, numerous local vendors and company-owned repair shops provide automotive collision repair estimates to the consumers. 

The rising cases of road collisions due to rash driving or driving under the influence of alcohol may accelerate the market request over the prediction timespan. Moreover, the rising incidence of natural tragedies, riots, and traffic jams are likely to damage vehicles, thereby leading to the need for repair services of damaged vehicles.

Key Drivers 

Rising demand for Electric and Hybrid vehicles

Rising sales of electric and hybrid vehicles,...

The Global Tight Gas Market was worth 12 billion USD in 2019 and is estimated to touch 20 billion USD by 2027, at a CAGR of 5% during the projected period. The global tight gas market is likely to undergo significant development over the prediction period due to moving toward the deployment of rare gases. Tight gas is an unconventional gas (an energy source) explored through hydraulic splitting with low permeability. The increasing usage of the tight gas in housing, transportation, commercial, power generation, and industrial sectors is likely to contribute substantially to this market during the upcoming years.

Rising energy demand because of the increasing populace is the primary factor driving the market over the foreseeable period. Growing Tight gas demand in the industrial market is anticipated soon to have an optimistic impact on the worldwide market. Increasing R&D, commercialization, and exploration activity are further expected to enhance the market over the next time. Technological up-gradation has significantly facilitated the extraction of tight gas. It is likely to affect the market positively over the next six years. Increasing oil prices across the sphere have compelled to find a substitute source of energy. The transition towards unconventional gases is likely to drive the market over the forthcoming period.

Global Tight Gas Market – Overview 

Tight gas is natural gas that originates from rock, usually limestone or sandstone with very low permeability. It is a rare source of energy produced through hydraulic splitting with low permeability. The retrieval of Tight Gas passes through the stages of Seismic examination, Drilling, Production Stimulation, Hydraulic Splitting, Acidizing, and De-liquefaction. Tight gas is one of the freshest burning fossil fuels, as it has low carbon content and burns with smaller sulfur releases, metal compounds, and carbon dioxide. The advent of tight gas as an unusual energy source has transformed the scenario of energy safety in many countries. The tracking process is water rigorous; hence, the accessibility of fresh water is vital for the extraction of tight gas. It affects the development of the market. Many tight gas investments face a barrier of freshwater stress level. 

Key Drivers 

Increasing levels of expenditure being incurred on the expansion of the oil & gas industry propel the market growth

The Global Topical Dispenser Market was evaluated at USD 418 billion in 2019 and is anticipated to reach USD 631.8 billion by 2027, at a CAGR of 5.3 % during the projection period. The primary reason triggering the development of topical applicators is the need to eliminate human contact for minimizing or negating any transmission. Besides, the topical applicators facilitate the precision of the amount in drug administration. Topical applicators are widely used in dermal therapies and dermatological treatment, especially for psoriasis. A large number of medicines related to skin are topical and require topical applicators for safe application. Development in the therapeutic industry in countries like China and India is pitched to push demand for topical applicators during the projection period.

Global Topical Dispenser Market – Overview 

Topical applicators are used for dispensing peels or skin protectants, ointments, gels, creams, masks, disinfectants, and drugs. As topical medications are on the rise, the request for topical applicators is anticipated to surge. Metered topical applicators guarantee the precise quantity of balm or other ointments on the body surface. The thematic device dispenses the specified amount of medication in a user-friendly manner with just one click. Topical applicators are reliable as they offer automatic and consistent dose that reduces user-variability and assures viscosity. Topical applicators do not allow an excess of the medication by maintaining uniform mixing and filling of the medicinal product.

Market Drivers 

Increasing prevalence of psoriasis and a rising aging population with skin diseases

Psoriasis is a prolonged, sore, and non-communicable skin disease. It is most common in the geriatric population with age group 50 - 69. As per the National Psoriasis Foundation Report 2018, around 125 million people have psoriasis worldwide. The prevalence of psoriasis has amplified the demand for topical dispensers in the industry. Skin disease is a significant healthcare problem accounting for 1.79% of the global burden of diseases in DALYs of 306 diseases and injuries. As per the WHO, approximately 900 million individuals were suffering from skin ailments globally in 2018. This scenario is eventually growing the demand for the topical dispenser, strengthening its market.

Easy use of Topical applicators

The precise and easy administration of medication...

The Global Storage Tank Market valued at USD 12.5 billion in 2019 and is anticipated to reach USD 16.8 billion by 2027, at a CAGR of 3.8 % during the forecast period. Rapid population growth has led to improved demand for drinking water in urban and rural areas and nationwide enterprises and utilities. The need for water and its storage for different purposes have shaped the market for water storage tanks globally. Global warming and uncertain climate cause acute water scarcity in some of the regions in the world. It pushes people to conserve and store water anyway. The surge in water consumption has been noticed in the industrial and commercial sectors.

Growing oil and gas exploration activities require more water storage tanks for different purposes. All these developments reassure the growth of the water storage tanks market across different countries in the world. Significant demand is estimated from public and private water utilities, oil and gas sector, and many other industries. However, the installation of water storage systems entails substantial capital outlay, and it may act as an impediment to the development of the market.

Global Storage Tank Market – Overview 

A storage tank is a vessel that holds liquids, compressed gases (gas tank), or other substances for short- or long-term heat or cold storage. Storage tanks are often cylindrical or perpendicular to the ground with flat bases and fixed or floating roofs. Several environmental guidelines and usage specifications are followed while designing and deploying storage tanks. The specifications vary with the nature of the fluid or substance stored in it. Aboveground Storage Tank (AST) differs from Underground Storage Tank (UST) in terms of specifications.

Market Drivers 

·         Water scarcity in several regions

Water shortage is one of the most terrible outcomes of global warming. The United Nations, about half of the world's populace, could face severe water scarcity by 2030 when the demand may surpass supply by 40%. Increasing anxiety over the conservative use of water...

Global Industrial Gasket Market that has gained momentum in recent years with a CAGR of 5.43%, is expected to touch the milestone of USD 15.18 Billion in value terms over the forecast period 2020-2026.

With the rapid growth noticed in global industrialization and urbanization, demand for automobiles, manufacturing plants and various mechanical instruments that use gaskets and seals has advanced dramatically. The gaskets of different diameters ranging between 5 mm to 5000 mm are widely used in multiple industries. They include industrial metallic gaskets, spiral-wrapped metallic gaskets, PTFE sheet gaskets, graphite gaskets, ring gaskets, cut gaskets, cut gaskets, compressed non-asbestos joints, PTFE (Polytetrafluoroethylene) sheet gaskets, etc. 

Global Industrial Gasket Market Overview 

Industrial gaskets are typically used to fill the empty spaces between the connecting surfaces to avoid leakage and fluid and gas wastage. It also helps to maintain the pressure and avoid contamination from the external condition. They are generally made of flexible material like rubber, paper, or cork. They are used in electrical equipment manufacturing such as cars, aircraft, vessels, ships, pumps, etc.

Global Industrial Gasket Market Assessment and Trends

Growth drivers 

Ø  Extensive Use of Industrial Gaskets in Several End-Use Industries

Industrialization leading to a significant increase in the number of manufacturing plants, machinery, and various other mechanical instruments in developing countries, is expected to fuel the demand for industrial gasket over the period under study. Industrial gaskets augment the performance and quality of engineered goods. Various industries are expanding steadily in emerging markets of China, India, Brazil, and Russia, which will promote product market growth. For instance, in South America, Brazil is one of the emerging economies where chemical processing, petroleum production, and cement manufacturing industries that have the potential to become significant gasket users are witnessing expansion. 

Ø  Growing Demand from Oil & Gas Production...

Global Surgical Gown Market size- Industry Trends & Forecast Report 2026

Global Surgical Gown Market has gained momentum in recent years with a staggering CAGR of 6.8% and is expected to attain a valuation of USD 1,821 million by 2026. The global demand for the surgical gown is on the rise due to an increase in surgeries worldwide, the prevalence of various chronic diseases, and the spread of the coronavirus. Another significant factor that causes rapid expansion in demand is the active developments in the healthcare sector in recent times. A surgical gown is the sterile clothing worn by surgeons and other staff working in the surgical section during surgery. It helps prevent direct contact of bacteria and other microorganisms with the healthcare or surgical staff. It aids in stopping the transmission of bacteria and, in turn, the spread of disease.

Global Surgical Gown Market - Overview

Surgical clothing of doctors and staff in the operating ward effectively prevents the two-way transfer of microorganisms and body fluids. It repels diseases and infections, allowing sufficient freedom of movement. It is made of tear-resistant and comfortable cloth. It fits nicely and does not limit movement.

Surgical equipment is tailored to suit a variety of body types and sizes with a limited variation in size since hospitals can only store small quantities. The surgical gowns control the bacteria released into the theater and help preserve the sterile zone required for patient and staff safety. Gowns are durable enough to last the intended useful life of the garment, be that single or multi-use. It should repel fluids allowing ventilation of the intense body heat of the surgeon or staff.

Improving medical services and stringent legislation for patient safety in various countries around the world are likely to contribute a lot to the growth of this market. Advancements and safety measures in healthcare services are being availed to a more significant number of patients going through surgery. The development reassures the substantial growth of the market in the coming years.

Global Surgical Gown Market Outlook and Trends

Growth drivers

Ø  The growing number of surgical procedures

The growing number of surgeries is a major factor driving the growth of the global surgical gowns market. Rapidly increasing population in the...

Global Adhesive Tapes Market– Market Forecast & Trends 

The Global Adhesive Tapes Market was valued at USD 58.3 billion in 2019, and it is estimated to reach USD 85.9 billion by 2026, at a CAGR of 5.7 %, over the forecast period. 

Innovations, research and related progressive activities have led to the expansion of its usage and usage-categories. The advancement assures the growth of the market at an extraordinary pace. The new trend of replacing bolts, screws, rivets, and other attaching or fastening techniques with adhesives has accelerated the growth of the adhesives market globally. Apart from this, the new and rising demand for lightweight vehicles is reassuring the development of the adhesive market. 

The assurance that adhesives are eco-friendly and do not damage the environment acts as a benefit and aids in the complete growth of the adhesive tapes market in all parts of the world.

Global Adhesive Tapes Market – Overview 

Adhesive tape can be defined as a continuous flexible strip made of paper, metal foil, cloth, or plastic film layered with a thin coat of enduring glutinous adhesive on one or both sides. These tapes are available in the form of rolls or sheets of varied sizes in the market and are commonly known as self-sticking tapes, pressure-sensitive tapes, and sticky tapes. These tapes are increasingly being used for essential packing required for the products related to food and beverage, healthcare, and e-commerce industry. The backing material is usually made of cloth, paper, plastic, foam, and foil with a release liner on one lateral/side. The adhesive on the tape is an elastic constituent that sticks when compression is functional to it and is usually moisture sensitive. These tapes are non-messy, timesaving, and are more suitable as compared to their other alternatives.

Growth Drivers 

Ø  Rising usage of adhesive tapes in diverse applications

The widespread practice of adhesive tapes usage in various industries such as automotive and food and beverage is an essential factor driving the market. Automotive manufacturers are progressively accepting adhesive tapes in place of mechanical fasteners such as bolts and screws to decrease the vehicles' weight and provide better fuel efficiency. The growth of the healthcare...

North America 3D Scanners Market Forecast and Trends

The North America 3D Scanners market stood at USD 443.4 million in 2018 and is projected to reach USD 1382.1 million by 2025 with a significant CAGR of 18.5% during the forecast Period 2019-2025. North America has an enormous market potential for high-end applications as they have been at the forefront of adopting the latest 3D scanning techniques to improve the quality and productivity of goods across different industries.

3D scanning technology has seen significant commercial adoption. Some of the significant factors driving the growth of the 3D scanner market are rapid technological advances, growing application of 3D scanners in new market segments, and increasing acceptance of 3D scanners to enhance product quality and minimize manufacturing time. Technological advances in the information and communication technology (ICT) field and the advent of Artificial Intelligence (AI) and the Internet of Things (IoT) are expected to fuel the growth of the 3d Scanner Market in North America. Technology & hardware vendors are increasingly focusing on improving workflows and ease of use; this propels 3D scanner sales. In addition, the versatility of the technology to be tailored to meet professional needs in different industries has made it widely popular across major end-user industries. 3D Scanning technology has gained popularity in various industries, such as safety, engineering, entertainment, construction, and automobiles.

North America 3D Scanners Market Overview:

3D scanners are the device that uses light, laser, or X-ray to measure the real things and create dense point clouds or polygon meshes. 3D scanners help in saving time, prices, and energy during a manufacturing process and thus increases performance efficiency. They are often known as 3D digitizers, white light scanners, laser scanners, LIDAR scanners, advanced CT scanners, and more. Numerous distinct 3D scanning methods exist based...