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Recent Media Releases


The following is a compilation of the press releases for reports published by Persistence Market Research.
  • Liquid Sodium Silicate Market to Reach US$ 4.2 Bn by 2030; COVID-19 Pandemic Resulting in Declining Demand for Most End Uses

    Published On : Sep 17, 2020

    Detergents and cleaning compounds hold a prominent share in terms of consumption of liquid sodium silicate. Sodium silicates are used with synthetic detergent compositions to minimize alkali attacks and control corrosion. Without the usage of sodium silicates, synthetic detergent composition can be harmful to metal surfaces such as, zinc, aluminum, and other metal alloy parts in washers. Moreover, rising concerns regarding the use of treated water will further push the demand for liquid sodium silicate in the future.

    As per PMR’s study, the global liquid sodium silicate market is estimated to expand at a CAGR of 2% during the forecast period of 2020-2030.

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  • Vitamin C Ingredients Market to Cross US$ 3.8 Bn in 2030; Increased Demand for Immunity Supporting Ingredients Due to COVID-19 Outbreak Surging Market Growth

    Published On : Sep 17, 2020

    Changing lifestyle and eating habits have led to the deficiency of various vitamins and minerals, which, in turn, has affected the health of consumers, causing various diseases. Vitamin C ingredients are increasingly been used for supporting immune functions in patients suffering from common cold, and primarily, respiratory tract infections. Clinical studies have also highlighted the potential role of vitamin C ingredients in treating atherosclerosis, arterial hypertension, and cancer.  

    Thus, potent health benefits of vitamin C ingredients is one of the major factors driving market growth. The global vitamin C ingredients market has witnessed substantial growth over the past few years, and this trend is expected to continue through the course of the forecast period (2020 to 2030), at a steady CAGR of around 5% over the next ten years.

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  • Heart Health Supplements Market to Cross US$ 14 Bn in 2030; Increased Focus on Preventive Health amidst COVID-19 Outbreak to Benefit Market in Near Term

    Published On : Sep 16, 2020

    The global heart health supplements market is profiting from growing consumer awareness regarding preventive healthcare. The rapid pace of social and technological changes have led to adverse lifestyle choices, resulting in deteriorating well-being among consumers. Rising incidence of various lifestyle diseases such as obesity and overweight has led to increased prevalence of cardiovascular diseases and heart health problems. Thus, consumers are increasingly adopting preventive care as a necessary tool to help them lead a better life.

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  • Surgical Helmet Systems Market to Expand 1.5X by 2030; COVID-19 Pandemic Resulting in Slight Supply Chain Disruptions

    Published On : Sep 15, 2020

    Increasing number of orthopaedic surgeries such as total joint replacement and their rising acceptance is creating opportunities for the surgical helmet systems market. These systems are required for the protection of surgeons from hospital- and patient-acquired infections. Moreover, increasing awareness regarding healthcare workers’ safety and comfort needed by surgeons during operative procedures have led to the growth of the market. Orthopaedic impairments are very common in the Americans, and the number of orthopaedic surgeries is expected to reach 6.6 million in 2020 from 5.5 million in 2010. The aspect of surgical helmet systems to protect healthcare professionals against infectious blood splashes and potential aerosols generated by orthopaedic power tools has escalated the growth of the surgical helmet systems market.

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  • Pulse Protein Market to Cross US$ 2 Bn by 2030; COVID-19 Pandemic to Have Moderate Impact on Market Progress

    Published On : Sep 15, 2020

    Pulse-based protein is linked with many benefits such as lower risk of stroke, cancer, and death from heart disease. Pulse protein also has essential amino acids, as compared to animal protein. Animal protein contains a high amount of saturated fat and dietary cholesterol, which increases heart diseases. Pulse proteins are healthy and delicious meat-free food, ideal for vegetarians and personal wellbeing.

    The global pulse protein market has witnessed substantial growth over the past few years, and this trend is expected to continue through the course of the forecast period (2020 to 2030). The market is estimated to rise at a steady CAGR of over 5% during the forecast period.

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  • Intermodal Transport Market to Expand Threefold by 2030; Trade Restrictions amidst COVID-19 Outbreak Impeding Market Growth

    Published On : Sep 14, 2020

    Over the past few years, regional governments have been investing heavily in infrastructure developments. Countries such as India, China, Indonesia, and many others are investing large sums to strengthen their intermodal capacity. Such investments are aimed to improve and strengthen transport and infrastructure capacity, which will indirectly facilitate trade improvement. These investments are targeted toward network expansion, and will positively impact the growth of intermodal transportation.

    As such, the intermodal transport market is set to expand 3X over the next ten years, as an impressive CAGR of over 11% through 2030.

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  • Ad-Supported Video on Demand Market to Expand at 20% CAGR through 2030; COVID-19 Pandemic-related Lifestyle Complementing Demand for AVOD

    Published On : Sep 11, 2020

    Tablets and smartphones are increasingly becoming the first go-to devices for content consumption. In addition, with the emergence of advanced technologies enabling smartphone or tablet users to access the Internet more easily, and rapid adoption of fast network services such as 4G services in developing countries, mobile Internet penetration is anticipated to proliferate over the coming years. Although the cost of smartphones remains moderate due to increasing competition and innovation, these prices are expected to drop. Therefore, increase in mobile device penetration is one of the significant factors expected to boost the adoption of ad-supported video on demand content among users during the forecast period.

    On the back of these factors, the global ad-supported video on demand market is projected to progress at an astonishing rate of 20% over the next decade, expanding over 6X in the mentioned time period.

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  • Metallic Glass Market to Double in Size by 2030; Declining Demand from Electronics Industry Due to COIVID-19 Pandemic Hurting Market Growth

    Published On : Sep 10, 2020

    Amorphous Transformers (AMTDs) hold a prominent share in terms of consumption of metallic glass. Increasing cognizance of the benefits of AMTDs such as decreased energy loss is anticipated to bolster the metallic glass market over the coming years. Moreover, increasing consumer spending on electrical & electronic goods in developing countries is further expected to push the demand for metallic glass over the forecast period.

    The global metallic glass market is estimated to expand at a CAGR of 6.5% during the forecast period of 2020-2030.

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  • Tampon Market to Reach US$ 7.4 Bn Valuation by 2030; e-Commerce Sales Thriving amidst COVID-19 Pandemic

    Published On : Sep 10, 2020

    Significant rise in demand for hygiene products such as tampons and pads is due to increased awareness about feminine hygiene and their importance for women health. In developing and under-developed countries, the penetration of tampons is slightly low and they are not easily available. Reason being, lack of feminine hygiene awareness among people, which is one of the factors hampering the growth of the tampon market to some extent. But the tampon market is still in the growth stage, and is expected to surge over the coming decade.

    According to PMR’s report, the tampon market is estimated to register a CAGR of 6% during the forecast period of 2020-2030, to reach a valuation of around US$ 7.4 Bn by the end of 2030.

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  • Instant Soup Market to Reach US$ 11 Bn by 2030-end, Sluggish F&B Industry amidst COVID-19 Pandemic Impeding Sales Prospects

    Published On : Sep 09, 2020

    With rapidly changing customer preferences, companies in the instant soup market are developing innovative products according to their specific needs. Key manufacturers, with the help of dedicated research & development, are introducing products that best suit customer tastes, taking into account cultural differences.

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  • Ophthalmic Imaging Equipment Market to Expand 1.6X by 2030; Postponement of Non-essential Medical Procedures Due to COVID-19 Hurting Market Growth

    Published On : Sep 09, 2020

    New scanning and imaging technologies tremendously impact ophthalmology, and provide multidisciplinary information, enabling new diagnostic methods.  Manufacturers in the ophthalmic imaging equipment market emphasize on software enhancements and better connectivity, and are focusing on the introduction of high speed and high throughput devices. For instance, in September 2019, Carl Zeiss Meditec AG launched the CIRRUS 6000, a 100kHz ultra-fast OCT system for advanced care in ophthalmic practice. This system can scan and access patient information more quickly as compared to traditional OCT systems. 

    The global ophthalmic imaging equipment market was valued at US$ 1.8 Bn in 2019, and is expected to witness a CAGR of around 5% over the forecast period (2020 – 2030).

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  • Electronic Board Level Underfill and Encapsulation Material Market to Reach US$ 483 Mn by 2030-end, Market Gradually Recovering After Initial Setback Due to COVID-19 Outbreak

    Published On : Sep 09, 2020

    Rapidly growing demand in Internet infrastructure, wireless devices, and computers, and increasing use of electronics in automobiles is a vital driving factor for the electronic board level underfill and encapsulation material market. The consumer electronics industry has witnessed significant growth in recent years, and this growth is estimated to persist over the coming years, subsequently ascending the demand for electronic board level underfill and encapsulation material.

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  • Functional Food Ingredients Market to Close in on US$ 25 Bn by 2030; Moderate Decline in Demand being Witnessed amidst COVID-19 Outbreak

    Published On : Sep 04, 2020

    Functional food ingredients such as vitamins, minerals, prebiotics, proteins, and others are beneficial for the digestive system, immune system, and heart health, besides others. Maintaining digestive health is a very important factor regarding nutrient intake and preventing deficiency-related bodily conditions. This has led to a rise in the consumption of functional foods that are loaded with vitamins, minerals, proteins, fibers, and others. Furthermore, immune cells are also concentrated in the gut region, and a healthy microbiota is necessary for the body. Hence, probiotics are included in food products to enhance gut health and subsequently improve the immune system.

    The global functional food ingredients market has witnessed substantial growth over the past few years, and this trend is expected to continue through the course of the forecast period (2020 to 2030). The market is estimated to rise at a steady CAGR of over 6% during the forecast period.

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  • Plant-based Milk Market to Reach US$ 27.6 Bn by 2030-end, Trade Restrictions amidst COVID-19 Pandemic Impeding Market Progress

    Published On : Sep 02, 2020

    The global meat and dairy sector is currently going through an unprecedented level of competition and disruption, mainly driven by the growth of viable plant-based alternatives. Major plant-based products are evolving as the perfect substitutes for animal-based products, as they contain the relevant nutritional composition. Growing consumption of plant-based food has also led to the adoption of plant-based milk products. Additionally, increasing popularity of soy milk, almond milk, and coconut milk is also flourishing the demand for plant-based milks. In developed countries, consumption of animal products places a heavy burden on the environment. This has resulted in an exponential rise in the consumption of plant-based food products. Moreover, consumers are also becoming more concerned regarding the discontented impact of animal-based products on the environment.

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  • Liquid Eggs Market to Reach US$ 5.5 Bn by 2030; Disruptions in Food Processing Activities Due to COVID-19 Spread Impeding Market Growth

    Published On : Sep 02, 2020

    Food safety has become a major concern for the food and beverage industry, with consumers now giving high preference to this factor while buying food products. This has led manufacturers to choose more relevant and beneficial food safety norms and methods to further gain consumer trust. Eggs have become a major part of the food safety debate. Eggs can carry salmonella bacteria, which is the leading cause of food poisoning. Even though cooking kills bacteria, the risk of cross contamination remains. Moreover, egg recipes such as eggnog, spaghetti carbonara, and caesar salad dressing are prepared with uncooked eggs. Liquid eggs are increasingly becoming favorable among consumers across regions. Pasteurization process kills dangerous microbial and enhances the safety of food. Since liquid eggs have become a safer egg product for consumers, demand is rising all the time, leading to steady growth of the liquid eggs market.

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  • Cyclodextrin Market to Expand Nearly Twofold by 2030; Reduced Demand Witnessed from End-use Industries Due to COVID-19 Outbreak

    Published On : Sep 01, 2020

    Cyclodextrin is highly soluble along with other properties, which makes it an ideal solution to use in pharmaceutical products. Pharmaceutical manufacturers are seeking the perfect pharmaceutical API and intermediate that can offer proper solubility and bio ability to drugs. The aqueous solubility of poorly water-soluble drugs has become a major concern in today’s pharmaceutical industry. Cyclodextrin has emerged as a beneficial solution for this problem. On the back of this factor, the demand for cyclodextrin has been rising constantly. Other benefits are that it improves bioability from solid or semi-solid formulations, enhances stability, increases shelf-life, reduce side-effects, and many others.

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  • Aluminum Die Casting Mold Release Agents Market to Reach US$ 417.0 Mn by 2030-end; Decreased Demand Witnessed from End-use Industries Due to COVID-19 Outbreak

    Published On : Sep 01, 2020

    In the recent past, increased focus on automotive components to reduce the overall weight of vehicles and industrial equipment for various applications has been witnessed. Increased use of aluminum die casting mold release agents in the manufacturing of these products has bolstered global demand. Growth in these industries and production innovation the market are anticipated to continue at a healthy pace in the coming decade.

    As per PMR analysis, the global aluminum die casting mold release agents market is estimated to expand at a CAGR of around 5% by value during the forecast period of 2020-2030.

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  • Automotive Radiator Market to Cross US$ 10 Bn Valuation in 2030; COVID-19 Pandemic Resulting in Decreased Demand from OEMs and Aftermarket

    Published On : Aug 27, 2020

    Increasing demand for hybrid and electric vehicles across the world is shoring up the need for automotive radiators, as these are widely used in these vehicles for cooling purposes. There is high demand for aluminum automotive radiators to facilitate weight reduction in automotive. As per analysis by Persistence Market Research, the automotive radiator market is slated to expand at a steady CAGR of 5% over the forecast period of 2020 to 2030, to be valued over US$ 10 Bn by 2030-end.

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  • Softgel Capsules Market to Close in on US$ 800 Mn Valuation by 2030; COVID-19 Outbreak to Impede Market Growth to Some Extent in Near Term

    Published On : Aug 26, 2020

    Innovation has been the backbone of the food & beverage industry, given the rising health awareness among people and increased focus on organic and green products. One of the recent innovations in capsules is the introduction of vegetable capsules that are expected to replace gelatin capsules in the years to come. Vegetarian capsules enhance formulation design in both, pharmaceutical and nutraceutical industries, and are hence witnessing rising adoption across these two sectors. Manufacturers in the softgel capsules market are generating significant revenue from the pharmaceutical sector by providing vegetarian softgel capsules with efficient physiological properties such as low moisture content, making softgel capsules best suited for hygroscopic drugs and nutritional supplements. Vegetarian softgel capsules with liquid filling technology are witnessing increasing demand from nutraceutical companies, thereby providing lucrative opportunities for the manufacturers of softgel capsules.

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  • Polycaprolactone Market to Expand 2.5X by 2030; Reduced Demand for TPU Applications Due to COVID-19 Outbreak Denting Market Growth

    Published On : Aug 26, 2020

    Polycaprolactone is a specialty building block in high-performance polyurethane elastomer. Owing to its value-added properties such as molecular weight distribution, hydrophobicity, and low viscosity, polycaprolactone and its copolymers such as polycaprolactonediol, polycaprolactonetriol, and polycaprolactonetetral have found wide application in the production of polyurethane (PU), thermoplastic polyurethane (TPU), and polyols. Polycaprolactone-based polyurethanes are widely used in coatings, adhesives, sealants, and elastomers. Due to its high permeability, PCL can form compatible blends with other bio-based polymers, which can improve the degradation kinetics, stress & crack resistance, dyeability, and control over the release rate of drugs. Hence, it is used for manufacturing various medical devices and components.

    The global polycaprolactone market is projected to expand at an impressive CAGR of 10% over the next decade, to be valued 2.5X its current side by 2030.

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