Global AI in BFSI Security Market: Trend & Overview

Artificial Intelligence (AI) is a part of computer science that focuses on the creation of intelligent machines that work and perform tasks like humans. As a result, it has become a key part of the technology in the BFSI industry. In financial organizations and other major finance industries, AI has become a core business adaptation and is expected to change the overall service offering scenario. The BFSI market has become an AI-based solution to many traditional banking problems.

Financial institutions use the AI to collect, report and analyze large chunks of data in order to gather meaningful insights about customers to meet their requirements. The ability of technology to perform tasks such as natural language processing and image recognition, speech & text, and advanced machine learning algorithms is a factor that will increase the demand for technology.

AI is being used to proactively monitor and prevent various instances of fraud, money laundering, malpractice, and the detection of potential risks. For instance, firms draw on individual spending data and behavior to evaluate patterns, enabling them to identify uneven transactions. MasterCard has also achieved to include AI technology as part of its financial service network as a means of identifying identities. Similar methods have been used to identify trade malpractice.

The National Stock Exchange of India Ltd (NSE) identified the advantages of using machine learning to increase existing algorithmic trading activities. The enhanced ability of the technology to identify market patterns and automate low-complexity tasks has been highlighted by the NSE as significant...

Global Bentonite Market: Overview

Bentonite clay is formed by the alteration of volcanic ash and is primarily used to grease the cutting head, remove drill cuttings and close the borehole walls. The product is odorless, natural, non-corrosive and chemically inert. This product has properties to swell and increase in volume when exposed to water, which helps to ease the enormous stress of trench-free construction, thus increasing the demand for bentonite. Increased use of products across industries as groundwater barriers, pet litter absorbents, and oil & grease absorbers, liquor clarifiers, and iron & steel binders is expected to fuel market growth over the next years to come.

Drilling mud is the largest source of bentonite applications. However, it is expected to lose its share over the upcoming years due to the growing application of the material to other applications such as foundry sands and iron ore pelletizing.

The increased use of iron ore pellets in steel production is expected to have a positive effect on the product market over the forecast period.

Increased demand from end-use applications such as pharmaceutical cleaners and rubber tires in the automotive industry will propel the market over the forecast period. However, stringent legislation, such as the Clean Drinking Water Act, passed by the United States, on chemical additives...

Global Biostimulants Market Forecast and Trends

The human population is increasing quickly and is anticipated to cross 9 billion by 2050. The current trend of agricultural food production is insufficient to support global food demand. It has been estimated that within the coming next 40 years the agricultural food production must be increased by 60%. These factors are expected drive the biostimulants market to coupled with increase in food production. The extensive uses of agrochemicals for fulfilling the global food requirement have degraded 25% of the productive agricultural land that results in arid and non-fertile soils. Increasing focus on enhancing productivity, along with rapid soil degradation, is expected to propel the biostimulants market over the forecast period.

Biostimulants are appearing as an essential component in a sustainable agricultural method. Furthermore, rapid globalization trends and modern industrialization have diminished the arable lands for agricultural purposes and call for intensifying agricultural production through sustainable routes.

Global Biostimulants Market: Overview

Biostimulant is any substance or microorganism used in agriculture with the purpose of improving nutrition efficiency, abiotic stress tolerance, and crop quality attributes, regardless of its nutrients content. Plant biostimulants also designate commercial products containing mixtures of such substances and/or microorganisms. These are multifunctional ecofriendly formulations by restricting the use of chemical fertilizer and playing important role in the improvement of fruit color, quality, seed setting, enhancing soil fertility, enhancing nutrient assimilation, and translocation. Microbial biostimulants like various species of PGPRs (Azotobacter, Azospirillum, and Rhizobium spp.) and fungal...

Global Construction Aggregates Market: Overview

Residential, infrastructure and commercial construction are key end-use aggregate industries. Its use in the manufacture of concrete and cement, road base, and rail ballast and rail ballast is anticipated to drive its demand over the projected period.

Increased investment to boost aggregate capacity is a major trend seen in the global construction aggregate market. With the start of construction projects in different countries around the world, companies engaged in aggregate production are looking to expand their production capacity.

Increased innovation in aggregate production technologies to increase the efficiency of manufacturing processes and productivity with high product quality is projected to fuel the growth of the global construction aggregate market over the forecast period.

Construction aggregates are the most mined and grained product available in the world and are the basic building blocks of composite materials such as asphalt and concrete. These materials are produced from natural deposits such as limestone, granite, and rock traps by drilling and blasting the rock into smaller pieces. Construction aggregates are used as necessary materials under highways, airports, runways, parking lots, and railroads. This material is also used for water purification, filtration, and soil erosion control.

Global Construction Aggregates Market: Type

Based on type, the construction aggregates market is segmented into Crushed stone, Sand, Gravel and Others. Among all these types, crushed stone held a significant market...

Global Fatty Acid Ester Market: Overview

The market growth is propelled by increasing demand for low-calorie natural ingredients to promote weight loss and adhere to changing perceptions of beauty and appearance.

Technological advances have paved the way for higher efficiency and sustainable production of these esters, thanks to genetic engineering, the introduction of high-yield crops, and the evolving fatty profiles of canola, sunflower, and other vegetable oils. In addition, the advent of sustainable emulsifiers and stabilizers created by Fatty Acid Esters (FAEs) has changed the personal care products and cosmetics industry.

Fatty acid esters are synthesized by dehydrating fatty acids and alkyl alcohol and provides a conditioning effect by softening the skin to create a soothing sensation. High-polarity active ingredients and UV absorbers are also added to cosmetics.

Several skins, hair, and even infant care creams and lotions contain these esters as a sustainable, dermatologically reliable alternative to toxic synthetic chemicals and ingredients. Fatty acid esters are also widely used in detergents, industrial lubricants, and surfactants due to high thermooxidative stability, viscosity, biodegradability, hydrolytic stability, and lubricity. These detergents are widely used by both industries and consumers, due to foaming, moisturizing, stability, and cleansing properties.

Fatty acid esters made from natural ingredients are inexpensive compared to synthetic petroleum-based chemicals. Consumers and manufacturers are increasingly adopting these products in order to combat climate change, high production costs and ensure overall long-term benefits. Declining edible oil prices, rising living...

Global Lead-Acid Battery Market: Overview

Global Lead-Acid Battery Market is expected to grow significantly due to the growing adoption of lead-acid batteries in the automotive sector and the Uninterruptible Power Source (UPS), along with some developments in manufacturing methods. Increased demand for the product in off-grid power generation is expected to enhance the market size of lead-acid battery market during the forecast period.

Development in the transport sector, along with an increase in energy storage applications, is projected to drive industry demand soon. Rapid growth in the commercial vehicle, motorcycle and passenger car manufacturing industries is also projected to drive product demand.

Growing demand for UPS in different sectors, such as banking, oil and gas, healthcare, and chemicals, is driving the market positively. Advances in the automotive industry in India, Brazil, Mexico, South Korea, Indonesia, Thailand, and Vietnam are expected to create market opportunities for growth. Increased demand for pollution-free electric cars, coupled with technological advances, is projected to fuel demand for lead-acid batteries over the coming years.

Global Lead-Acid Battery Market: Market Segmentation

Based on type, the global Lead-Acid Battery market segmented into Standby, Motive, and SLI. Increased vehicle manufacturing, particularly in China, Japan, India, Brazil, Mexico, South Korea, and the United States, is expected to support expansion over the forecast period. For example, in October 2018, Amara Raja Batteries signed an agreement with Johnson Controls to launch a new battery technology in India that provides sophisticated consumer features and strict emission standards for the automotive industry. These initiatives are expected...

  Global Stevia Market Forecast and Trends

The Global Stevia market was around 520 million in 2019 and projected to reach the valuation of about 867 million by the year 2026 by growing at a CAGR of 7.51% during the forecast period 2020-2026.

Growing demand for natural sweeteners, especially in beverages, is estimated to increase the demand for Stevia during the forecast period. Stevia's market penetration in the food industry due to its superior sweetening properties is anticipated to propel the market growth.

Stevia is gained from a medicinal and culinary herb and is famous for its superior medicinal and herbal properties. It is also known for its strength to control blood pressure and in weight control, and continuous research and advancements in the pharmaceutical industry will help in opening new avenues for manufacturers.

As the demand for cookies, chocolates, confectionery, and other baked goods grows, the food market will remain a high potential sector for Stevia. It would continue to broaden the manufacturing business and increase its reach over the projected era. In the Asia Pacific and Latin America, it has strong market acceptability due to the growing availability of the food product in these regions and rising knowledge of its many benefits. Europe and North America are comparatively more significant markets, due to the increased demand for various food products.

Global Automotive Simulation Market Forecast and Trends

Global Automotive Simulations market forecast a CAGR of 11.23% from USD 1.6 billion in 2019 to reach USD 3.22 billion by 2026. The rising production of automobiles is expected to accelerate the growth of automotive simulation market. Moreover, initial design and evaluation of hybrid, and conventional drive systems including operating strategies and thermal management is expected to augment the growth automotive simulation market.

The major factors driving the market growth are increasing demand for environmental-friendly simulation program generators which tend to offer information at the macro level; developing simulators to control traffic, wildlife, pedestrians, and other vehicles; and enhancement in the analysis of the decision-making processes in the assembly plants.

Global Automotive Simulation Market: Overview

Automotive simulation may be described as the virtual recreation of real automotive vehicles in a virtual environment. It is a technology based on software that is used to imitate external factors and predicts how a vehicle will communicate with those factors. It is also used to teach the beginners how to learn the vehicles and driving fundamentals. This software is also utilized to detect defects in the vehicle component at the time of fitting spare parts into the vehicle. As automotive simulation software offers driver assistance, it helps the person to acquire driving knowledge efficiently, avoiding any threat to life and vehicle.

Growth Drivers

Rapid technological changes and increase in government regulation related to safety vehicles

The growing number of electronic content per vehicle and connected car and instruction by regulatory authorities for vehicle safety is expected to stimulate the market growth. Additionally, increasing technological advancement owing to dynamic government regulation for vehicle safety is impacting the market demand. The technological advancement such as autonomous vehicles,  truck-platooning, and Vehicle-to-everything (V2X) are expected to build opportunities for the automotive simulation market. Continuous research and development activities coupled with increasing usage of cloud computing is contributing to support growth of the market.

Increasing focus...