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

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 Fishing Rods Market. 

It was estimated prior to this unanticipated outbreak Fishing Rods Market will reach CAGR of 6.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Fishing Rods Market Insights

Fishing Rods market is likely to witness a CAGR of 6.1% during the forecast period. The prime factor that is driving the fishing rods market is rising adoption of fishing rods as a recreational activity among people of various age groups.

Market Share Analysis

Fishing Rods Market Share: By Product Type

Based on the product type, the market is segmented as spinning rods, fly fishing rods, casting rods, and others. The spinning rods segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Spinning rods are efficient in throwing lighter lures far and are useful in windy place. Fly fishing rods are expected to witness the highest growth during the forecast period owing to their capability for casting baits in distant water.

Fishing Rods Market Share: By Application Type

Based on the application type, the market is segmented as competitive casting, recreational fishing, commercial fishing, and others. Recreational fishing accounted for the largest share of the market and is expected to remain dominant during the forecast period. Increasing preference of people towards most popular fishing destination is the major factor behind the dominance of the recreational fishing segment.

Fishing Rods Market Share: By Region

In terms of regions, North America is estimated to be the largest market for fishing rods during the forecast period. Significant demand from both commercial and recreational applications is driving the growth of the region. Europe and Asia-Pacific also holds significant share of the market and are expected to witness healthy growth during the forecast period.

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 Field Programmable Gate Array Market. 

It was estimated prior to this unanticipated outbreak Field Programmable Gate Array Market will reach CAGR of 8.9% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Field Programmable Gate Array Market Insights

Field programmable gate array market is likely to witness an impressive CAGR of 8.9% during the forecast period. Increasing demand for advanced driver-assistance systems (ADAS), along with the growth of IoT, and faster time-to-market of FPGA than ASIC is the prime factor contributing to the demand for field programmable gate arrays. Growing demand for extensive computation including the increasing application of FPGAs for cloud computing and data processing in data centers are also one of the key growth factors. Rise in the demand for optimization in Big Data analytics is also one of the key drivers for the market, leading search engines, such as Google, and firms, such as Amazon and Walmart, which stem consumer insights based on Big Data analytics, are increasing their dependence on FPGAs. Additionally, increase in demand for smartphones and implementation of FPGA in mainstream embedded computing to build complex mission-critical systems are also creating heavy opportunities in the market.

Market Share Analysis

Field Programmable Gate Array Market Share: By Technology Type

Based on the technology type, the market is segmented as SRAM, EEPROM, antifuse, flash, and others. The SRAM (Static Random-Access Memory) segment held the largest share of the market in 2019. The dominance of the segment is mainly because it offers better flexibility, re-programmability, high integration, and high performance for various applications. SRAM-based field programmable gate arrays are widely adopted for aerospace & defense, telecom and wireless communication systems, and consumer goods applications which is contributing a healthy growth in the market.

Field Programmable Gate Array Market Share: By Application Type

Based on the application type, the field programmable gate array market is segmented as consumer electronics, automotive, industrial, data processing, aerospace & defense, telecom, and others. The telecom segment held the largest share of the market in 2019. The dominance of the segment is mainly due to vast usage of field programmable gate arrays in wireless communication and telecommunication applications for applications such as data packet switching, packet processing, and optical transport network. Advent of 5G network is likely to drive the growth of the segment as it offers configurability, flexible hardware accelerators, high-speed switching, and low latency operation at low costs.

Field Programmable Gate Array Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, India, and Japan being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the presence of major semiconductor foundries such as Taiwan Semiconductor Manufacturing Company, Limited (TSMC), United Microelectronics Corporation (UMC), and Samsung Foundries in the region. The dependency of various industries on data centers and cloud-based computing technology is also contributing to the growth of the region’s market. The initiatives undertaken by countries to deploy 5G networking services in the region is a key growth factor for the market.

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 Isopropyl alcohol market.

It was estimated prior to this unanticipated outbreak that the Isopropyl alcohol market was expected to grow at a CAGR of 6.3% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Isopropyl alcohol is a flammable and colorless chemical compound synthesized from the reaction of propylene with sulfuric acid, followed by hydrolysis. It is widely used in applications, such as cosmetics, toiletries, and personal care products; as solvent, chemical agent, chemical intermediate, flavoring agent, disinfectant or antiseptic, among others. Generally, it is available in 70% and 99% concentrations designed for different uses.

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 application type, the market is segmented as solvent, cleaning agent, chemical intermediate, flavoring agent, disinfectant, and others. Solvents held the largest share of the market in 2019, and are expected to remain dominant during the forecast period. Isopropyl alcohol is used in surface coating, inks, pesticides & herbicides, resin, and disinfectants and cleaning products.

Based on the end-use industry type, the isopropyl alcohol market is segmented as food, pharmaceuticals, cosmetics & personal care, medical, electronics, automotive, and others. Cosmetic & personal care and pharmaceuticals industries are expected to drive the demand for isopropyl alcohol during the forecast period. Isopropyl alcohol is used in alcohol wipes, swabs, hand sanitizers, disinfectants, mouthwash, and other products.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for isopropyl alcohol during the forecast period, with China, Japan, India, and South Korea being the major countries with lucrative growth opportunities. The growth of the market is bolstered by the demand for cosmetics & personal care products, pharmaceuticals, and electronics generating huge demand for isopropyl alcohols. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major isopropyl alcohol manufacturers are-

• China National Petroleum Corporation
• Dow Chemical Company
• Exxon Mobil Corporation
• INEOS
• LCY Chemical Corp
• LG Chem
• LyondellBasell Industries Holdings B.V.
• Mitsui Chemicals
• Shell Chemicals
• Yancheng Super Chemical Technology Co., Ltd.
• others.

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 Aircraft Floor Panel Market.

It was estimated prior to this unanticipated outbreak that the Aircraft Floor Panel Market will reach an estimated value of US$ 515.1 million in 2024. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Aircraft Floor Panel Market Segment Insights:

By Aircraft Type:

The narrow-body aircraft is expected to remain the largest segment of the market during the forecast period of 2019 to 2024. Wide-body aircraft is likely to witness the highest growth during the same period, driven by increasing demand for wide-body aircraft, such as B787 and A350XWB, in the developing economies, such as China and India.

By Material Type:

The nomex honeycomb has been the growing choice for a wide range of usage in the aircraft industry including floor panel. All the major aircraft types including narrow-body and wide-body aircraft, are heavily relying on this unique material. Nomex honeycomb offers enormous advantages over competing materials, such as lightweight, exceptional stiffness and strength, good corrosion resistance, good fire resistance, good thermal stability, and excellent dielectric properties.

By End-User Type:

OE is likely to remain the larger end-user type during the forecast period, driven by increasing demand for commercial and regional aircraft across regions. Both OE and aftermarket sales segments are likely to witness healthy growth rates over the next five years.

By Region:

North America is projected to remain the largest aircraft floor panel market during the forecast period. This region has been the pioneer in the aerospace & defense industry and is the manufacturing capital with the presence of several small- to large-sized OEMs in each aircraft category. Most of the players have manufacturing and assembly plants in North America. Additionally, all the major floor panel manufacturers for the aircraft industry are in the region to support OEMs for the development of advanced products meeting airline requirements.

Asia-Pacific is expected to witness the highest growth during the same period. The highest commercial aircraft fleet size, the opening of manufacturing/assembly plants of Boeing and Airbus, and upcoming indigenous commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ will continue to drive the Asia-Pacific’s market in the coming years.

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 False Eyelashes Market. 

It was estimated prior to this unanticipated outbreak False Eyelashes Market will reach CAGR of 5.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

False Eyelashes Market Insights

False Eyelashes Market is likely to witness a CAGR of 5.5% during the forecast period. The ability of false eyelashes to add volume to one’s natural eyelashes and to transform the appearance impact in a beautiful manner when chosen correctly, and the rapidly growing popularity for customized and unique looks among people are the major factors driving the growth of the false eyelashes market during the forecast period.

Market Share Analysis

False Eyelashes Market Share: By Product Type

Based on the product type, the market is segmented as strips, cluster/accent, individual, and others. Strip false eyelashes are estimated to account for the major share of the market. The growth is attributed to their exceptional popularity among people, owing to their easy and quick wearing patterns. These eyelashes are so user friendly that they do not require any professional help and are also available in various designs, making the entire lash line look so beautiful. Further, individual false eyelashes are estimated to witness significant growth rate in the next five years. These lashes are available in single as well as flared forms, giving a natural yet dramatic look to the consumer’s eyes. Unlike strip false eyelashes, this requires the help of an expert as each lash or cluster of lashes has to be applied individually.

False Eyelashes Market Share: By Constituent Type

Based on the constituent type, the market is segmented as natural and synthetic. Synthetic is estimated to hold the larger share of the market, being the leading segment in the upcoming years. These eyelashes are made up of rubber, polymers or acrylic material, and are shinier, glossier giving a more dramatic look. These lashes are available in a variety of thickness, curl, length, style, holding the curls in a proper manner, and are also inexpensive, resulting in being the dominant segment of the market. Further, the natural eyelashes segment is estimated to register a constant growth rate in during the forecast period, owing to their soft texture, making them similar to natural eyelashes and their easy convenience while using them on regular basis. These lashes are made from mink hair, human hair, sable hair, or silk, and are lightweight and flexible as compared to their counterparts.

False Eyelashes Market Share: By Distribution Channel Type

Based on the distribution channel type, the market is segmented as online, convenience stores, and hypermarkets & supermarkets. Convenience store held the largest share of the market in the year 2019, and includes drug stores, department stores, and specialty stores. Majority of false eyelashes users are very specific about what shape and material they want to have, hence they usually prefer buying them from stores rather than from online merchants, as they also get assistance from experts giving them best suited recommendations as per the consumer’s taste and an explanation of product’s application. On the contrary, online channel is estimated to be the fastest-growing segment over the forecast period, owing to their increasing popularity among consumers because of the convenience they offer. They also offer massive discounts in different occasions in a year, making the products attractive to the consumers, fueling the growth of the market in the next five years.

False Eyelashes Market Share: By Region

In terms of regions, North America is estimated to account for the major share of the market owing to the presence of a large number of manufacturers in the U.S. during the forecast period. Factors such as increasing influence of TV, film actors, and social media, and permanent eyelashes which can last for about two to three weeks, gaining popularity are expected to accelerate the product demand in the regional market during the forecast period. Furthermore, Asia-Pacific is estimated to be the fastest-growing region in the upcoming years, with China, India, South Korea, and Philippines being the major countries with increasing awareness regarding developing beauty trends and products in the regional market during the forecast period. Europe is also expected to offer substantial growth opportunities during the forecast period.