Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

COVID-19 pandemic – Boon or a Curse to the industry?

The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.

Key insights on Maleic Anhydride Market

Maleic Anhydride Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increasing penetration of composite materials in the automotive, aerospace, and construction industries is the prime factor that has boosted the demand for unsaturated polyester resins, which are used to manufacture composite materials. Rising disposable income along with increasing use of spandex in compression stockings, sportswear and medical textiles has boosted the demand for 1,4-butanediol. The escalating growth in the construction industries in BRIC countries and other developing economies is expected to further drive the growth of the maleic anhydride market. In addition, lenient government regulations, easy availability of land and raw materials, low labor and transportation costs are the major factors encouraging the key players to shift their manufacturing activities to developing economies such as China, India, Indonesia, and Brazil.

Regional Insights

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the countries with lucrative growth opportunities. The growth of the market is mainly driven by the expanding automotive and rising construction sectors in the major economies of the region. Increasing adoption of maleic anhydride to manufacture bulk molding compounds and fiberglass reinforced plastics is expected to further drive the demand for maleic anhydride in the region. Increasing disposable income, rapid industrialization, urbanization, and increasing spending in the construction sector in the region are expected to further drive the region’s market.

Market Scope & Market Segmentation

Maleic Anhydride Market Share: By Raw Material Type

Based on the raw material type, the market is segmented as n-butane and benzene. The n-butane segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. N-butane-based maleic anhydrides are majorly preferred over benzene-based maleic anhydrides owing to their lower production cost and lesser harmful nature.

Maleic Anhydride Market Share: By Application Type

Based on the application type, the maleic anhydride market is segmented as unsaturated polyester resins (UPR), 1,4-butanediol (1,4-bdo), lubricating oil additives, copolymers, and others. The growth of the segment is mainly due to an increased demand for UPR from emerging economies, such as China and India, and its low price compared to the other epoxy resins. Increasing penetration of UPR in the marine, aerospace, automotive, construction, and chemical industries is expected to further drive the growth of the segment.

Which key questions will this report answer?

This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.

Some of the key questions answered by the report are:

• What is the impact of COVID-19 on the market forecast?
• What are the trends, drivers, and challenges?
• How competitive is the market? Who are the market leaders?
• What are the key strategies adopted by the market players?
• Which segments offer the greatest opportunities?
• Which are the most attractive regions?
• What are the key success factors for the market players?
• How does the business environment impact the market?
• Which strategic alliances have taken place recently and their significance?

Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.

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The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Modular Construction Market.

Modular construction market is likely to witness an impressive CAGR of 7.0% during the forecast period. The major factor leading to the growth of the market is infrastructure spending by the global and regional economies. Further, it is estimated that spending on infrastructure and capital projects will increase substantially over the next decade. China, India, and other countries in the Asia Pacific region, along with Brazil and South Africa, are investing enormously in the infrastructure industry, which is required for modernization and commercialization. Rapid urbanization in emerging economies, such as Brazil, India, Malaysia, and Thailand is likely to fuel the spending for the major infrastructure sectors, such as power, construction, and transportation. The improvement in economic conditions of emerging markets is the key factor that is driving the demand for modular construction.

Modular construction is a process in which the components of the building are constructed away from the site, whereas the installation of the prefabricated components is done on site using cranes.

Modular construction can be done with different types such as permanent and relocatable. They are used in different end-use sectors such as housing, commercial, education, healthcare, industrial.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the construction method type, the market is segmented as extrusion and powder bonding. The extrusion segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period owing to its superior characteristics, such as less construction time, less chances of error, and cost effectiveness. Through extrusion process building components with complex geometrical structures can be constructed.

Based on the construction type, the Modular Construction Market is segmented as permanent and relocatable. The permanent segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Increase in demand for new buildings built in less time, reduction in the cost of construction, and convenience in building process are the major reasons for the dominance of this segment of the market.

Based on the material type, the market is segmented as steel, precast concrete, wood, plastic, and others. The steel segment is expected to remain dominant during the forecast period owing to its number of benefits compared to other materials, such as strength, durability, fire resistance, flexibility, structural integrity, and less requirement of maintenance throughout the life of the building.

Based on the end-use sector type, the modular construction market is segmented as housing, commercial, education, healthcare, and industrial. The housing segment leads the market driven by the increase in population; thus, creating demand for new houses in the urban and sub-urban areas along with rise in the construction activities of buildings and institutes.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing modular construction market during the forecast period. The growth is owing to the increasing demand for houses at economical cost in developing economies. China and India are the growth engines of the region. In addition, China is likely to actively participate in abating housing problems, globally. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

Some of the major Modular construction Market manufacturers are-

• Laing O’Rourke
• Red Sea Housing
• ATCO
• Bouygues Construction
• VINCI
• Skanska AB
• Algeco Scotsman

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Modular Construction Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 14,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the  Ozone Generator Market.

Ozone Generator Market is likely to witness a CAGR of 3.7% during the forecast period. Rapid urbanization across developing economies accompanied with rising demand for water purification and wastewater treatment systems are some of the major factors driving the market growth during the forecast period.

Ozone generator is a device which produces ozone for the purification, treatment, and disinfection of air & water. The device operates on the principal of oxidation.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the technology type, the market is segmented as ultraviolet, cold plasma, corona discharge, and electrolytic. The ultraviolet ozone generator market is projected to witness strong growth rate owing to ease of installation and low cost. In addition, the ability of ultraviolet ozone generators to function using ambient air is likely to fuel the product demand during the forecast period.

Based on the application type, the market is segmented as water treatment, laboratory & medical equipment, air treatment, and others. Water treatment is anticipated to be the leading segment of the market owing to rapid urbanization and commercialization across the emerging regions. Ozone generators are employed in various water treatment applications, such as removal of taste, odor and color from the untreated water. Furthermore, their ability to avert the formation of chlorinated disinfection byproducts will sponsor their installation for similar applications, ultimately fueling the segment growth over the forecast period.

Based on the end-use type, the market is segmented as commercial, municipal, and industrial. The industrial ozone generator market is expected to steer the market during the forecast period owing to stringent enforcement of legal instruments governing industrial wastewater discharge mixed with strict regulatory regime. In addition, color elimination from textile plants, decrease in sludge production and phenol, BOD & COD reduction from industrial wastewater will further boost the product demand during the forecast period.

Based on the capacitor type, the market is segmented as ≥ 5 gm/hr, 5 gm/hr - 100 gm/hr, 100 gm/hr - 1 kg/hr, 1 kg/hr - 5 kg/hr, and > 5 kg/hr.

≤ 5 gm/hr ozone generator is expected to be the leading type during the forecast period owing to the growing awareness toward refining indoor air quality index. Furthermore, rising population and urbanization across developing economies will enhance the demand for air purifiers, thereby driving the market growth.

In terms of regions, Asia-Pacific is estimated to be the leading region in the market on account of increasing urban population and consequent demand for water and air treatment equipment. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

• Daikin Industries, Ltd.
• DEL Ozone, Inc.
• EBARA Technologies, Inc.
• Lenntech
• METAWATER Co., Ltd.
• Mitsubishi Electric
• Ozone Tech Systems
• Primozone
• SUEZ
• Toshiba Corporation.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Ozone Generator Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 14,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Transfer Switch Market.

Transfer Switch Market is likely to witness an impressive CAGR of 6.3% during the forecast period. The market is expected to be driven by ongoing reforms in developed economies aimed at replacing traditional generating technologies with sustainable energy sources. Due to an increase in investments in large-scale renewable capacity integration, the industry has seen a substantial reversal in recent years.

Transfer switch is an electrical switch which transfers the load across two power sources. It prevents any type of overlap and in case of an outage gives a direct and modest method of powering critical functions, comfort solutions, lights, and emergency equipment.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the operation type, the market is segmented as manual, non-automatic, automatic, and by-pass isolation. The manual switch market is expected to lead owing to fast commercialization and residential establishments across developing economies mixed with the growing apprehensions relating to energy safekeeping. In addition, current disposition of critical operation power systems is likely to further stimulate the product demand during the forecast period.

Based on the ampere rating type, the market is segmented as ≤ 400, 401 to 1600, and >1600. ≤ 400 Ampere transfer switch is expected to be the leading type during the forecast period owing to the swelling demand for rural electrification in various developing countries. Furthermore, regular voltage fluctuations accompanied with instable phase change processes in residential as well as small scale industrial institutions is expected to boost the market growth during the forecast period.

Based on the installation type, the market is segmented as emergency systems, legally required systems, critical operation power systems, and optional standby systems. Critical operations power system is expected to be the leading type during the forecast period. The concerns surrounding reliability across government amenities, along with national security, is expected to boost the market growth during the forecast period.

In terms of regions, North America is estimated to be the leading region in the market, during the forecast period, on account of the advancing replacement demand for present grid infrastructure. Europe and the Asia-Pacific region are also expected to witness significant growth over the forecast period.

Key Players:               

• DynaGen Technologies, Inc.
• Vertiv Holdings Co.
• Briggs & Stratton Corporation
• Caterpillar Inc.
• Eaton Corporation plc
• Cummins
• Generac Holdings Inc.
• General Electric
• Kohler Co.
• Schneider Electric SE.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Transfer Switch Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 13,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Autonomous Farm Equipment Market.

Autonomous Farm Equipment Market is likely to witness a CAGR of 10.6% during the forecast period. Increase in shortage of labor coupled with shifting trends towards usage of autonomous equipment and high implementation of drones in agricultural applications are some of the major factors fueling the growth of the market during the forecast period.

Autonomous farm equipment is a preferable choice for farming procedures as it saves cost and time involved in the yielding process, as compared to standard farm equipment.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the operation type, the market is segmented as fully autonomous and partially autonomous. The fully autonomous segment is estimated to register a higher growth rate in the market on account of increasing implementation of precision farming systems, fueling the segment’s growth during the forecast period.

Based on the product type, the market is segmented as tractors, harvesters, and UAV drone. Tractors are estimated to account for the largest share of the market during the forecast period on account of their wide utilization in the agricultural sector. Further, the constant ability of these vehicles with higher ROI factors is expected to have a positive influence on the market. Also, harvesters are estimated to witness significant growth in the market owing to continuous development in robotics coupled with the product availability at competitive price, boosting the overall industry growth during the forecast period.

Based on the technology type, the market is segmented as software and hardware. Hardware is estimated to be the dominating segment of the market owing to the growing advancements and easy operation of the device, fueling the growth of the segment during the forecast period.

In terms of regions, North America is estimated to be the dominating region in the market during the forecast period owing to the presence of various major industry players and growing utilization of tractors and combined harvesters in the region. On the other hand, Europe and Asia-Pacific are also estimated to witness significant growth in the market on account of events leading to increased productivity across both of the regions during the forecast period.

Key Players:               

• 3D Robotics
• ADAMA Ltd.
• AGCO Corporation
• Agribotix
• Agri-Tronix Corporation
• Autonomous Solutions, Inc.
• Autonomous Tractor Corporation
• Case IH
• Clearpath Robotics, Inc.
• Deutz-Fahr

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Autonomous Farm Equipment Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors