Market Trends

Endoscopy Devices Market Overview: According to the National Institute of Diabetes and Digestive and Kidney, digestive diseases affect nearly 70 million people every year. And around 48.3 million people access ambulatory care for digestive disease emergency annually.  These statistics are reflective of the incessantly increasing and persistent digestive disorders that have plagued human life due to lifestyle changes and highly prevalent unhealthy food. In the earlier days, invasive methods alone existed to diagnose the digestive disease that a person might be suffering from. But with the advent and development of endoscopy, this has transformed and made diagnosis easier for doctors and patients both. Endoscopy devices are therefore in high demand and experiencing a prolific increase in their production and sales. In the year 2018, the  endoscopy market  earned a noticeable market revenue of $11.4 billion, which has been evaluated to increment at a healthy compound annual growth rate (C

Proppants Market Overview: The demand for oil & gas was gauged to be 145.7 mboe/d in 2015, and the Organization of Petroleum Exporting Countries (OPEC) projects that the demand will catapult to 193.9 mboe/d in 2040. [1]  This growing demand for oil & gas is poised to drive associated industries, and one of those sectors is the proppants market, which was worth $8.1 billion as of 2018. This is because proppants are used during the fracking stage of oil & gas extraction. Owing to the augmented demand for oil & gas, the  proppants market  is poised to observe growth at a profitable compound annual growth rate  (CAGR) of 7.10%  during the forecast period 2019--2025. Request Sample According to the US Energy Information Administration (EIA), in 2018, as much as 6.44 million barrels per day of crude oil production in the U.S. was attributed to tight oil resources, which equals to 59% of the total crude oil production in the U.S. [2]  North America has been the highest produce

Specialty Food Ingredients Market Overview: According to the Federation of European Specialty Food Ingredients Industry, currently the specialty food ingredients market contribute around $40 billion to the annual turnover of the European Union food and drinks industry. [1]  As per the prevalence, these foods are of high quality and are used for production of high-value food products with improved shelf life, production value, good for health, and improved taste. Owing to this, the global  specialty food ingredients market  size stood at $43 billion in 2018. These ingredients are essential in providing the consumers with a wide range of safe, qualitative, and affordable foods. The demand is anticipated to grow at a CAGR of 6% during the forecast period 2019-2025. Request Sample North America, has been observing continuous growth in the region due to growing concerns regarding eating healthier food and magnificent capacity of production in the United States and Canada. The rising concern

According to the International Trade Center (ITC), the trade of iron and steel across the globe was valued to be $428.6 billion worth in 2018.   This is attributable to the prevalent application of iron and steel in a broad spectrum of industries. However, iron and steel that are used in industries undergo the process of painting and coating, which protects the metal and alloy from corrosion, thereby reducing the maintenance and replacement costs. Evidently, the increasing trade of iron and steel worldwide is significantly supporting the  paints and coatings market  that had a market size of $127,855 million as of 2018. Furthermore, the demand for paints and coatings in various industries is projected to escalate with a healthy compound annual growth rate (CAGR) of 4.69% during the forecast period of 2019 to 2025. Request Sample APAC has been observing a tectonic shift in the economy owing to the growth in the industrial sector and construction, which is leading to growth prospects in

Modern day lifestyles have altered our consumption patterns, and the beverage industry is leveraging this trend.  Compactness and mobility in terms of packaging of products are the lucrative characteristics being offered by the modern brewing sector to construct additional opportunities of revenue.   As per the Kirin Beer University, global beer consumption in 2017 was estimated to be 186.72 million kiloliters. In terms of revenue earned by non-alcoholic beverages, PepsiCo reported an annual revenue of $63.5 billion in the same year. Increasing beverage consumption has generated demand for efficient packaging trends with provisions for longer shelf life, aroma retention, heat insulation, sealing and barrier against moisture. Such demands have driven the  glass packaging market  size to a staggering $51 billion in 2018. Beverages is an application segment under the glass packaging market, which also sees application across industries including food, pharmaceuticals, and cosmetics with e