Pre-insulated Pipes Market Set for a Revenue Slowdown in 2020 as COVID-19 Realities Set in, Says FMI in a New Study

Future Market Insights, Dubai: Global demand for pre-insulated pipes accounted for revenues worth US$ 7.5 Bn in 2019, witnessing an increase of 7.7% from that recorded in 2018. According to the latest forecast by Future Market Insights, potential advantages of pre-insulated pipes in terms of corrosion protection, surface strength, UV resistant, and low maintenance costs will continue to offer tailwinds… Read MorePre-insulated Pipes Market Set for a Revenue Slowdown in 2020 as COVID-19 Realities Set in, Says FMI in a New Study »

Ibuprofen API Market Facing the Heat of Worsening COVID-19 Crisis; Demand Hit by Export Restrictions, Finds FMI in a New Study

Future Market Insights, Dubai: ¬†According to the latest report by FMI, the global ibuprofen API market revenue totaled US$ 573 Mn in 2019. Gains remain primarily driven by large-scale manufacturing and increased demand for low-cost non-steroidal anti-inflammatory drugs (NSAIDs). In the light of COVID-19 outbreak, ibuprofen is facing contradictory evidence, following an online furor over its effects on detecting new… Read MoreIbuprofen API Market Facing the Heat of Worsening COVID-19 Crisis; Demand Hit by Export Restrictions, Finds FMI in a New Study »

Adoption of Contactless Biometrics Technology to Witness Strong Growth in 2020 amid COVID-19 Fear: FMI Study

Future Market Insights, Dubai: Global spending on contactless biometrics technology is set to total US$ 16.6 Bn by 2020-end, with annual growth expected at a solid 16% rate over that registered in 2019. According to the latest report by Future Market Insights (FMI), the COVID-19 pandemic, which has created a sudden need for social distancing, has accelerated the consideration of… Read MoreAdoption of Contactless Biometrics Technology to Witness Strong Growth in 2020 amid COVID-19 Fear: FMI Study »

Thioglycolate Sales on an Upswing as Demand for Frozen Food Product Soars amid COVID-19: Future Market Insights Study

Ubiquitous social distancing by consumers drives the adoption of frozen food products as these can be stored for a long duration of time. Thioglycolates are crucial ingredient that enhances the shelf-life of frozen foods. On this favorable backdrop the global thioglycolates market will be valued at US$ 13.7 Mn by 2029. Up from the valuation of US$ 98.5 Mn in… Read MoreThioglycolate Sales on an Upswing as Demand for Frozen Food Product Soars amid COVID-19: Future Market Insights Study »

Food Grade Gases Market to Face Revenue Slowdown as COVID-19 Outbreak Limits Uptake by End-use Industries, Says FMI in a New Study

Future Market Insights, Dubai:According to the latest study of Future Market Insights (FMI), the global food grade gases market remained in a good shape in 2019, accounting for revenues worth over US$ 5.3 Bn. As with many industries, the market is significantly hit by the global outbreak of coronavirus in 2020, as halt in manufacturing and supply chain operations is… Read MoreFood Grade Gases Market to Face Revenue Slowdown as COVID-19 Outbreak Limits Uptake by End-use Industries, Says FMI in a New Study »

Sales of Medical Ventilators Skyrocket in Line with Rapidly Spreading COVID-19 Contagion, FMI Anticipates Shortages to Prevail Through 2020

According to the latest forecast by Future Market Insights (FMI), the medical ventilators market is set to surpass a valuation worth US$ 1.3 Bn by 2020-end, with annual growth projected at an 8% rate over that witnessed in 2019. This year, medical ventilators have become one of the most important and in-demand medical supplies with an unprecedented rise in number… Read MoreSales of Medical Ventilators Skyrocket in Line with Rapidly Spreading COVID-19 Contagion, FMI Anticipates Shortages to Prevail Through 2020 »

Sales of Non-opioid Pain Patches Surge as Opioid Counterparts Face Intense Scrutiny; FMI Anticipates Logistical Delays Due to COVID-19 Pandemic

Future Market Insights (FMI), Dubai: The non-opioid pain patches market surpassed revenues worth US$ 3.1 Bn in 2019, witnessing a surge of 3.2% from that recorded in 2018. A detailed study by Future Market Insights (FMI) forecasts near- and long-term growth outlook of the non-opioid pain patches market. 2020 will be a challenging year for the market, as the COVID-19… Read MoreSales of Non-opioid Pain Patches Surge as Opioid Counterparts Face Intense Scrutiny; FMI Anticipates Logistical Delays Due to COVID-19 Pandemic »

Demand for Cloud ELN Service Poised at 11% Y-o-Y Growth in 2020; Thriving Remote Work Culture amid COVID-19 Pandemic Creates Opportunities, Says FMI

Worldwide spending on cloud-based electronic laboratory notebook (ELN) services totaled US$ 215 Mn in 2019, and the number is projected to increase at a solid 11% by 2020-end. According to the latest forecast by Future Market Insights (FMI), the cloud ELN service `market growth in 2020 is clearly being driven by the current need for remote operations of research laboratories… Read MoreDemand for Cloud ELN Service Poised at 11% Y-o-Y Growth in 2020; Thriving Remote Work Culture amid COVID-19 Pandemic Creates Opportunities, Says FMI »

Hand Sanitizer Sales Set for a Solid Hike in 2020 as Health Authorities Raise Hand Hygiene Awareness amid COVID-19 Outbreak: FMI Study

Worldwide sales of hand sanitizers are on a track to total US$ 1.4 Bn in 2020, witnessing an increase of 5.8% year-over-year, according to Future Market Insights (FMI). With the rise of COVID-19 as a global pandemic, hand sanitizer has become one of the most sought-after consumer products on the market. 2020 will be a remarkable year for hand sanitizer… Read MoreHand Sanitizer Sales Set for a Solid Hike in 2020 as Health Authorities Raise Hand Hygiene Awareness amid COVID-19 Outbreak: FMI Study »

Demand for Condition Monitoring Service Soars with Growing Need for Predictive Maintenance: FMI Report Explores COVID-19 Impact

According to the latest market intelligence of Future Market Insights (FMI), demand for condition monitoring service accounted for valuation in excess of US$ 2 Bn in 2019. The global condition monitoring service market is primarily driven by the need for predictive machinery maintenance to mitigate risks and improve returns on investments (ROIs). While the number is projected to increase at… Read MoreDemand for Condition Monitoring Service Soars with Growing Need for Predictive Maintenance: FMI Report Explores COVID-19 Impact »