Recent Media Releases
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CAR T-cell Therapy Market Set for Stupendous Growth, European Markets to Benefit from Discounted Product Pricing
Published On : Nov 13, 2019
A new research study of Persistence Market Research (PMR) suggests that the increase in product availability in developed regional markets such as North America, Europe, and Japan, with high incidence of relapsed cancer will accelerate CAR T-cell therapy market in the near future.
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Piston Rings Aftermarket to Witness Radical Shift of Material Choice from Grey Iron to Steel, Reports PMR
Published On : Nov 12, 2019
Involving dozens of activities related to maintenance and crucial supply chains, piston rings aftermarket currently nears US$ 880 Mn. The market will remain influenced by the cyclical trend in automotive industry, further complemented by growing frequency of new product launches.
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Plastic Pipe Sales in China Upheld by Residential Sector, Material Innovations Underway: PMR Study
Published On : Nov 12, 2019
Plastic pipe sales in China reached 2 million tons in 2018, which are expected to be rising at a strong CAGR of 7% during 2019 - 2029. As revealed by a new research study of Persistence Market Research (PMR), China plastic pipes market will prominently thrive on the back of accelerated demand from the construction industry, particularly the residential sector.
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LED Flashlight Sales Surpassed US$ 5 Billion Mark in 2018, PMR Offers Forecast Analysis for 2019 - 2029
Published On : Nov 11, 2019
A new report of Persistence Market Research (PMR) indicates that the global flashlight market is set to witness robust growth at a CAGR of ~8% during 2019 – 2029. The report suggests that the market revenues reached US$ 5 Bn in 2018 and remarkable rise in flashlight sales for outdoor recreation activities will further propel market growth.
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Gourmet Salt Sales Majorly Underpinned by Improving Retail Visibility, Says PMR
Published On : Nov 08, 2019
The gourmet salt market has showcased significant growth in the past few years, and this growth is anticipated to continue to increase throughout the forecast period. The global gourmet salt market is estimated to show steady market growth and the value is expected to reach ~US$ 8 Bn by the end of 2019. Majorly, the market is driven by the increasing popularity of gourmet kitchens across the globe which is anticipated to lead the market to reach the sales value of ~US$ 13 Bn by the end of 2029.
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New South Wales and Victoria to Emerge as Lucrative Revenue Pockets in Australia Lime Market, Reveals PMR
Published On : Nov 08, 2019
The lime market in Australia is majorly anticipated to propel on the back of robust mining activities, developments in the country’s construction industry, and major remodeling that is being practiced by some of the active lime market participants based across Australia. A new study of Persistence Market Research (PMR) reports that the market will reach the value of US$ 258 Mn by 2019 end. However, the overall CAGR will remain gradual, projected to be just-about 2% during 2019 – 2029.
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Trailer Axle Sales Set for Upward Trend with Mounting Demand for Off-road Applications, Projects PMR
Published On : Nov 07, 2019
A fair distribution of demand shares between on-road and off-road trailers, trailer axles have recently been witnessing higher demand from the latter. Trailer axles, installed in medium to heavy-duty trailer vehicles, are widely subjected to bulk load transportation. However, increasing adoption for applications in construction and mining industries is expected to account for the demand growth facing trailer axles in off-road vehicles.
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Latin America Industrial Explosives Market Study: Nitrogen-Based Explosives to Witness Growing Preference to Deliver Cost Efficiency
Published On : Nov 05, 2019
The global sales of industrial explosives reached ~1,900,000 metric tons in 2018, as per the latest report of Persistence Market Research (PMR). The report particularly analyzes Latin America industrial explosives market which has been estimated to reach revenues worth US$ 1 Bn by 2019 end. The market for industrial explosives in Latin America is projected to register ~5% CAGR during the forecast period, 2019-2029.
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Shavers Market on Steady Upswing, 1/3rd of Electric Shaver Sales Accounted by Trimmers
Published On : Nov 01, 2019
Over half the revenues of shavers market are contributed by male consumers which is further complemented by increasing preference for body hair removal among men. The trend of body hair removal is peaking which would remain among the key factors pushing shaver sales in the near future.
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Visible Rise in High Speed Rail Projects to Push Sales of Premium Quality Train Seat Materials
Published On : Oct 25, 2019
Global railway authorities are promoting rail transport as the first choice of customers. In order to meet operators’ requirements, train seat manufacturing companies are providing luxurious seats by using high-quality train seat materials with more cushioning. In 2019, the global train seat materials market revenue is projected to be valued at ~US$ 1.8 Bn.
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Accuracy and Structural Integrity Remain the Hallmark of Diamond Core Drilling in Construction Industry
Published On : Oct 23, 2019
The global market for diamond core drilling in construction was pegged at ~US$ 420 Mn in 2018, and is expected to expand at a CAGR of ~8.0% during the forecast period of 2019-2029. Superior features and advantages of diamond core drilling in construction activities such as enhanced accuracy, light-weight & quieter operations, and low dust generations as compared to prevailing conventional drilling technologies are some of the key parameters offering significant impetus to the market growth. With increasing demand for tools with minimum operational complexities and high accuracy, the global market for diamond core drilling in construction is projected to witness robust growth in the coming years.
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SECaaS Adoption to See Exponential Growth as Cybersecurity Continues to Attract Investments from SMEs
Published On : Oct 23, 2019
The Security-as-a-service (SECaaS) market is expected to grow ~21% annually through 2029. SECaaS is a cloud computing design that provides managed security services over the internet and offers new opportunities to create security infrastructure for information systems. The alarming rise in the number of cyber-attacks has led to increasing adoption of SECaaS across numerous enterprises in recent years.
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The Quest of Multifunctional Smart Devices Spark High Demand for Intelligent Speakers, Finds PMR
Published On : Oct 22, 2019
The intelligent speakers market is expected to grow ~29% annually through 2029. Apart from just producing audio output, intelligent speaker includes advanced features such as voice assistant, and allows users to make to-do list, set alarms, and gain access to real time information.
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Improved Functional Properties of Encapsulated Flavors Accounting for Greater Gains in the Market, Says PMR
Published On : Oct 21, 2019
The encapsulated flavors market is expected to witness a steady growth of ~5% annually through 2029, driven by a notable rise in the use of encapsulated flavors in F&B products for their exceptional capabilities and functional properties. Global sales of encapsulated flavors are estimated to reach a value of ~US$ 3.7 Bn in 2019 and a sweeping ~US$ 6.2 Bn by the end of 2029. Improved functional properties such as stability and heat resistance are propelling the demand for encapsulated flavors in the food & beverage industry.
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PMR Tracks Growth Prospects of Surgical Drill Bits Market in Line with Rapid Adoption of Advanced Surgical Procedures
Published On : Oct 21, 2019
The global surgical drill bits market is anticipated to grow at CAGR of 5% over the period of 2019-2029, owing to rise in adoption of surgical drill bits in neurosurgery such as craniotomy. In 2019, global sales of surgical drill bits is estimated to reach a value of ~US$ 230 Mn.
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PMR Analyses Citrus Flavors Demand in Ever-expanding Global F&B Industry
Published On : Oct 18, 2019
Increasing demand for new and unique flavors is projected to contribute to the growth of the citrus flavors market through 2029. When it comes to forming new flavor blends with exotic citrus fruits and tropical fruits, the prospects are endless. Citrus flavors can be easily paired with floral flavors, which are increasingly being used in a variety of products. Fruits such as kiwi, strawberry, pineapple, mango, cucumber, and others are being paired with citrus and other tropical flavors, to complement the healthier trends among today’s consumers.
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PMR Highlights Accelerating Adoption of Oncolytic Virus Immunotherapy Amid Significant Development of Adjuvant and Supportive Therapies
Published On : Oct 16, 2019
The new study report by Persistence Market Research (PMR) reveals that the oncolytic virus immunotherapy market value is all set to reach US$ ~67 Mn, by 2019-end. As per the PMR’s report, the oncolytic virus immunotherapy market is estimated to grow at a CAGR of ~12% over the period of assessment, 2019-2029.
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Strong Growth Opportunities Expected for Off-Street Parking Management System Market with Rising Smart Cities
Published On : Oct 16, 2019
The global off-street parking management system market value reached ~ USD 3,553 Mn in 2018, revealed a recently published report by Persistence Market Research (PMR). As per the report, the global off-street parking management system market is anticipated to grow by ~ 10% year on year in 2019.
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Automotive Digital Key Market to Reach US$ 2 Bn in 2019, East Asia to Stay Ahead of the Curve
Published On : Oct 15, 2019
The global automotive digital key market is estimated to be valued at ~US$ 2 Bn in 2019, and grow at a CAGR of ~12% during the period, 2019-2029. Gains remain driven by various factors, ranging from digital revolution in the automotive industry to ever-rising consumers’ demand for convenience and ease of operations.
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KSA Emerges as the Frontrunner of GCC Industrial Gases Market, Gains to Remain Uphold by Upcoming Large-scale Infrastructural Projects: PMR
Published On : Oct 15, 2019
Persistence Market Research (PMR) published a market research report on the GCC industrial gases market, which includes GCC industry analysis and market forecast for 2019-2029. The report displays the regional market outlook for industrial gases throughout the forecast period of 2019-2029, along with the CAGR growth. The GCC industrial gases market is likely to account for ~US$ 1.0 Bn by 2019-end, and is expected to grow at a CAGR of ~6.0% over the forecast period of 2019-29.
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