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

July 20,2021/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 Wooden Decking Market.

Wooden Decking market is likely to witness a modest CAGR of 2.8% during the forecast period. Organic growth of the construction industry coupled with rising per capita income, and increasing investment by individuals to provide more aesthetic looks to their residential households as well as workplaces are the major factors for the healthy growth of the market for wooden decking.

Wooden Decking is a flat wooden floor surface constructed outside the residential buildings as extended living areas of the house or as a part of garden landscaping, railings, etc.

Wooden Deckings should be capable of withstanding weights as they are generally constructed above the ground and are usually covered by railings for safety.

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 type, the market is segmented as repairs & remodeling and new constructions. The repairs & remodeling segment held the larger share of the market in 2020, and is expected to remain dominant during the forecast period. Increasing repairs & remodeling activities to improve the aesthetics of the residential construction sector are the major factors behind the dominance of the segment over the next five years. 

Based on the end-user type, the wooden decking market is segmented as residential and non-residential. The residential segment dominates the market, owing to surge in its demand for improving aesthetics and recreational facilities in the outdoors of residential constructions.

In terms of regions, North America is estimated to be the largest market, whereas Asia-Pacific is projected to be the highest-growing region in the market, fueled by its higher demand in emerging economies of the region such as China, India, and Japan. Highly growing construction industry along with rapid urbanization and rising disposable income in the emerging economies such as China, Japan, and India, are the major growth factors of the Asia-Pacific’s wooden decking market during the forecast period.

Key Players:

• UPM-Kymmene Oyj
• Weyerhaeuser Company
• West Fraser Timber Co. Ltd.
• UFP Industries, Inc.
• Metsä Group
• Setra Group AB
• James Latham plc
• Cox Industries, Inc.
• Humboldt Redwood Company and Mendocino Redwood Company
• Vetedy Group.

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 Wooden Decking 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 19,2021/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 Oil Filled Transformer Market.

Oil Filled Transformer Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Development of effective grid systems due to increasing spending on the upgrading of electric infrastructure, initiatives to rejuvenate power grids and making them sustainable, resilient, and affordable and growing electricity demand are some of the major factors driving the market growth during the forecast period.

Oil filled transformers are transformers whose windings and magnetic circuits are absorbed in oil with good electrical insulating properties to wedge the flow of current through the oil.

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 core type, the market is segmented as closed, shell, and berry. Shell oil filled transformer is projected to witness strong growth rate in the market owing to the development of HVDC networks to fulfil the continuously increasing electricity demand. Furthermore, the widespread application of shell transformers across higher power ratings and higher voltages, and their special design, that gives them innately better kVA to weight ratio, improved immunity to transit damage and healthier short circuit strength features will boost the product demand during the forecast period.

Based on the product type, the market is segmented as distribution transformer, power transformer, instrument transformer, and others. Power transformer is anticipated to be the leading segment of the market owing to the growing need for a competent transmission system to safeguard reliable power supply. In addition, optimistic leaning towards the development of high voltage lines to accommodate the surging electricity demand across developed economies will fuel the segment growth over the forecast period.

Based on the installation type, the market is segmented as outdoor and indoor. Outdoor oil filled transformers are likely to take the lead in the market on account of their ability to function at high voltage application ranges. In addition, along with offering optimum cooling strength they also mitigate the concerns relating to the dangers of fire, which boost their demand, thus driving the overall industry growth during the forecast period.

Based on the phase type, the market is segmented as three phase and single phase. Three-phase transformers are expected to be the bigger segment of the market during the forecast period owing to the advantageous regulatory policies for the upgradation of small-scale industrial sector across developing economies. Furthermore, the ability of three-phase transformers to run smoothly over voltages transmitted over long distances paired with their economic viability will further promote the product adoption.

Based on the application type, the market is segmented as residential & commercial, utility, and industrial. The utility oil filled transformers market is estimated to be the leading segment of the market given the growing R&D spending aimed at the restoration of grid infrastructure coupled with huge fund distribution by regulatory authorities for the development of grid networks, which will further promote the industry landscape.

In terms of regions, North America is estimated to be the leading region in the market owing to the ongoing technological improvements blended with amplified spending for the development of long-distance electricity networks in the US. On the other hand, Europe and the Middle East are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

• ABB Ltd
• CNC Electric Group Co., Ltd.
• Eaton Corporation plc
• Elsewedy Electric Co S.A.E.
• General Electric
• ISMET Gmbh
• Ormazabal
• Schneider Electric SE
• Siemens AG
• 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 Oil Filled Transformer 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 16,2021/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 Circuit Breaker Market.

Circuit Breaker Market is likely to witness an impressive CAGR of 7.5% during the forecast period. Increasing focus towards operational safety and growing measures to integrate reliable and sustainable electrical infrastructure is likely to drive the market growth of circuit breakers.

Circuit breaker is a switching device used to interrupt the abnormal or fault current. It is a mechanical device that disturbs the flow of high magnitude fault current along with performing the function of a switch. The market is segment as by voltage type into low {ACB, MCB, MCCB, and Others}, medium {ACB, GCB, VCB, and Others}, and high {ACB, GCB, VCB, and Others}; by rated voltage type into 800 kV; by rated current type into 4500 A; by installation type into indoor and outdoor; by application type into power distribution and power transmission; and by end-use industry type into residential, commercial, industrial, and utility.

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 rated voltage type, the market is segmented as 800kV. The during the forecast period as well. Rural electrification initiatives in the developing economies are the major factor driving the growth of the

Based on the end-use industry type, the market is segmented as residential, industrial, commercial, and utility. The utility segment is projected to witness the fastest growth during the forecast period driven by stringent energy efficiency protocols, inclination towards deployment of smart grid and control networks, and expansion of primary & secondary distribution networks.

In terms of regions, Asia-Pacific is estimated to be the largest market driven by growing investment and infrastructure development in China, Japan, India, South Korea, ASEAN Countries, and Others. Expanding industrial sector, rapid urbanization, significant economic development in the region, and increased focus towards power distribution in remote areas are the major factors driving the growth of the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

• ABB
• Schneider Electric
• Eaton
• Mitsubishi
• Toshiba
• Siemens
• Hitachi
• Crompton Greaves
• Powell Industries
• Hubbell
• Fuji Electric
• Meidensha
• TE Connectivity
• BEL Fuse
• L&T
• Mersen S.A.

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 Circuit Breaker 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 16,2021/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 Busbar Market.

Busbar Market is likely to witness an impressive CAGR of 5.5% during the forecast period. Growing investments aimed at establishing effective power supply network, busbar’s ability to provide high voltage power in building structures without occupying any additional space, rising demand for reliable and continuous electricity supply mixed with increasing focus to minimize energy losses across transmission and distribution are some of the major factors driving the market growth during the forecast period.

Busbar is a metallic strip or electrical bar used to distribute power with flexibility and greater ease to multiple circuits in parallel.

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 material type, the market is segmented as copper and aluminum. Copper busbar is projected to witness strong growth rate in the market owing to its ability to transmit large currents with minimal losses and high resistivity. In addition, features such as longer lifespan, higher conductivity, advanced security features and high threshold from damage will further fuel the product demand in the market.  Copper busbar is further categorized as electrolytic tough pitch and oxygen free. On the other hand, the aluminum busbar market is expected to be positively influenced by its lightweight and high mechanical strength features.

Based on the power range type, the market is segmented as low, medium, and high. High power is anticipated to be the leading segment of the market owing to the ongoing trend of modernization of ultra-high transmission lines to reduce line losses and suffice electricity demand. Lower sagging and effective supply features over long routes will further fuel the segment growth over the forecast period. The low power busbar market growth to be driven by its ability to distribute power efficiently to light fixture in industrial as well as commercial sector.

Based on the application type, the market is segmented as commercial, residential and industrial. The commercial segment to witness significant growth during the forecast period owing to the rising electricity demand due to rapid urbanization. On the other hand, the industrial busbar segment is estimated to be positively influenced by strong economic growth, growing foreign direct investments toward electricity distribution & generation accompanied with rising public and private funding in development of infrastructure during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the leading region in the market owing to rising investments aimed at modernization and expansion of grid coupled with increased efforts to avoid the electricity supply & demand mismatch. China and India are the growth engines of the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

• Godrej & Boyce Mfg. Co. Ltd.
• Halcor
• Littlefuse
• MERSEN
• Methode Electronics
• Oriental Copper Co., Ltd.
• Pentair
• Rittal
• Schneider Electric
• Southwire Company, LLC.

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 Busbar 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 

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 Sodium Lauryl Sulfate Market

Sodium Lauryl Sulfate Market is likely to witness a CAGR of 5.3% during the forecast period. The prime factor driving the sodium lauryl sulfate market is the growing demand from household detergents and cleaners, owing to its outstanding properties i.e. capability to remove oil stains and residues from different types of surfaces.

Regional Insights

Asia-Pacific is estimated to be the largest market for sodium lauryl sulfate during the forecast period. China, Japan, Taiwan, South Korea and India are the major economies contributing towards the growth and high demand for sodium lauryl sulfate in the region. Huge consumer base, growing disposable income of consumers, increasing popularity of takeaway foods, and growing awareness towards personal and community hygiene are the major factors driving the growth of the Asia-Pacific sodium lauryl sulfate market. North America and Europe are also expected to witness a healthy demand for sodium lauryl sulfate during the forecast period.

Market Scope & Market Segmentation

Sodium Lauryl Sulfate Market Share: By Product Type

Based on the product type, the market is segmented as liquid and dry. The dry segment is further bifurcated into powder, needles, and granules. The liquid segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Liquid sodium lauryl sulfate is majorly used for day-to-day applications, whereas dry sodium lauryl sulfate is majorly preferred for applications, where strong cleansing is required.

Sodium Lauryl Sulfate Market Share: By Application Type

Based on the application type, the sodium lauryl sulfate market is segmented as dish washing liquids, household detergents & cleaners, industrial cleaners, and personal care products. The household detergents & cleaners segment held the largest share of the market in 2019, and is also expected to witness a healthy growth during the forecast period. Household detergents & cleaners majorly include liquid & powder laundry detergents, all-purpose cleaners, floor cleaners, toilet cleaners, kitchen cleaners, glass cleaners, carpet cleaners, upholstery cleaners, stain removers, and hard surface cleaners.

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.

Know more about us:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as Advanced Materials, Aerospace & Defense, Automotive & Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our market veterans make sure to have a deep research about the topics so that the most useful and authentic insights can be delivered to the professionals.

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