Market Trends

Nutraceutical Ingredients Market Overview: According to the Food and Agricultural Organization of the United Nations (FAO), the number of undernourished people or the ones that are facing chronic food deprivation increased from 804 million in 2016 to 821 million in 2017. Similarly, there is a multitude of people that aren’t undernourished in terms of food but stay deprived of proper nutrition and subsequently suffer from ramifications of malnutrition and dietary deficiencies. Nutraceutical ingredients, a type of food additives help to ameliorate the medical problems that arise due to nutrition deficiency. The current millennial lifestyle is leading to more issues regarding malnutrition, and so, dietary supplements including nutraceutical ingredients have gained prominence in the market. The health concerns pertaining to nutrition is leading to growth opportunities in the nutraceutical market that had a market size of $31.4 billion as of 2018. The demand for nutraceutical market for va

Blockchain Market in Supply Chain Overview: Despite heavy investment in supply chain management, organizations fail to deliver the best services because of the exuded complexity and mere lack of transparency with the customers. Traversing to the last decade; according to the National Institute of Standards and Technology (NIST), the inadequacies in the supply chain infrastructure translated to $5 billion annual loss in the automotive industry and $3.9 billion in the electronics industry [1] . It has been more than a decade, but organizations are still struggling to control their supply chain management process which is leading to irrevocable losses. However, this challenge is lead to a gamut of opportunities for blockchain market in supply chain which had a market size of $70 million to $75 million as of 2018 according to the market analyst of IndustryARC. Furthermore, the analyst estimates that the demand for the implementation of blockchain in the supply chain sector will increase wi

Contraceptives Market Overview: According to the Guttmacher Institute Organization, an estimated 44% of pregnancies globally were unintended and 56% of unwanted pregnancies ended in abortion at the initial phase of this decade. Such peculiar cases amalgamated with increasing instances of sexually transmitted diseases (STIs) are significantly boosting the contraceptives market. As per the WHO, more than 1 million STIs are acquired every day globally, and 988,000 pregnant women were infected with syphilis (a form of STI) in 2016, resulting in over 200,000 stillbirths and newborn deaths. All these factors coupled with rapidly increasing global population and governmental measures to counter population tumor are propelling contraceptives market growth. The global  contraceptives market  is estimated to be around $20 billion-$21 billion as of 2018. Increasing awareness among women in developed as well as rural areas of developing countries such as India and Africa regarding HIV, STIs, fert

Polyisobutylene Market Overview Polyisobutylene (PIB) is a bright clear liquid obtained from polymerization of isobutene under catalyst system. It is widely used as an additive in the lubricants and fuels. Superior properties including corrosion resistance, oxidation stability, high thickening efficiency, and low electrical conductivity. The farfetched development of the automobile industry globally will fuel the polyisobutylene (PIB) market significantly over the next few years. The Polyisobutylene market is estimated to grow at a CAGR of 4.92% during the forecast period 2019–2024.   Polyisobutylene Market Outlook This report categorizes the Polyisobutylene market into various segments. On the basis of molecular weight, the market has been segmented into low molecular, medium molecular, and high molecular weight. The market is also categorized based on the applications, which include CASE (Coating/Adhesives/Sealants/Elastomers), lubricant/lubricant additives, fuel additives, cosmetic

Turbocharger Market Overview: According to the World Economic Forum, globally, there will be an increase of twice the number of cars on road by 2040 which will equal two million figures. This data shows the inflating demand for cars in the global scenario, which will significantly increase the need for new sustainable vehicular devices such as turbochargers. Earlier these highly efficient turbochargers were used in motorsport vehicles manufacturing, however, it has gradually paved its way into the production of the commercial vehicle. With associated features such as high-charged internal combustion (IC) engines and economical yet cleaner outputs, turbochargers have gained a prominent place in the modern automotive sector. The global turbocharger market leveraged a revenue income of $16 billion in the year 2018. Racing cars incorporated with high-performing turbochargers generate greater horsepower without increasing the overall weight of the vehicle and boosts the gas mileage which is