Explosive Trace Detection Market to grow at a steady pace by 2028

March 09, 2023/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 Explosive Trace Detection Market.

Explosive Trace Detection Market 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.

Explosive Trace Detection Market:

The explosive trace detection market was estimated at US$ 1.3 billion in 2021 and is expected to grow at a CAGR of 10.7% during 2022-2028 to reach US$ ~4.9 billion in 2028. Explosives Trace Detectors (ETDs) are pieces of explosive detection equipment that can identify explosives in trace amounts. The location that has to be discovered is honed by looking at "trace" amounts of invisible particles. ETDs and other tools are also used to identify drugs. The equipment is mostly used in airports, important locations, and helpless areas that are seen to be vulnerable to terrorist assaults.

Segment Analysis

Chemiluminescence (CL), ion mobility spectrometry (IMS), mass spectrometry (MS), thermo-redox, surface acoustic wave (SAW), chemical reagents, and ultraviolet fluorescence are the technological segments of the worldwide explosive trace detection (ETD) market. Due to the moderate pricing, the ion mobility spectrometry (IMS) market is anticipated to increase significantly throughout the projection period. Furthermore, these systems can function in natural settings. The ion mobility spectrometry (IMS) devices can also be used for swipe (particulate) and/or vapor detection.

Growing Attention on Increasing Safety and Security Levels to Drive Commercial Segment Demand The commercial and military & defense segments of the worldwide explosive trace detection (ETD) market have been established based on application. Due to the increasing emphasis on boosting safety and security standards at locations including airports, railway stations, ports, retail markets, hospitals, and others, the commercial segment is predicted to have significant expansion in the next years.

North America has had rapid expansion in the market for explosive trace detection (ETD) systems over the past ten years, and it is anticipated that it will maintain its leadership position during the forecast period. Due to the US's high military expenditure, the US has been solely responsible for the explosive trace detection (ETD) systems market's booming expansion in North America. The US has historically and currently had the highest military spending and income levels worldwide. In addition to being the greatest military spender in the world, the nation is also home to the top producers and contractors of explosive trace detection (ETD) systems, making it the largest market for these devices.

Request a Sample here:

https://www.stratviewresearch.com/Request-Sample/3013/explosive-trace-detection-market.html#form

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 Explosive Trace Detection 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

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

Contact: Stratview Research

E-mail: [e-mail]

Direct: [phone]

 

Brain Health Supplements Market to experience growth by 2028

March 09, 2023/Industry News Global/ -- This new report from Stratview Research analyses the Brain Health Supplements Market over the forecast period from 2022 to 2028. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.

Brain Health Supplements Market Overview:

The brain health supplements market was estimated at US$ 8.23 billion in 2021 and is expected to grow at a CAGR of 8% during 2022-2028 to reach US$ ~17.40 billion in 2028.

Drivers

The following are the major players in the brain health supplements market:

• AlternaScript
• HVMN Inc.
• Intelligent Labs
• Natural Factors Nutritional Products Ltd.
• NOW Foods
• Onnit Labs, Inc.
• Peak Nootropics
• Purelife Bioscience Co., Ltd.
• Reckitt Benckiser Group plc.
• Teva Pharmaceutical Industries Ltd.

Manufacturers have been concentrating on creating a range of supplements that are specifically aimed at athletes who place an emphasis on improving their performance and preserving their composure. Over the following few years, this is anticipated to increase demand for supplements supporting brain health.

Segment Analysis

The market is segmented based on supplement type, product, age group, application, distribution channel, and geography. On the basis of supplement type, the segment is divided into tablets, capsules, others.

On the basis of product, the segment is divided into natural molecules, herbal extract, vitamins and minerals. In terms of global revenue for 2021, the natural molecule sector held the biggest market share and is predicted to continue to dominate. This market's expansion is anticipated to be aided by the growing preference for brain supplements manufactured from natural ingredients over synthetic ones. Companies are also emphasising the use of natural ingredients in their products.

Based on age group, the market is segmented into children, adults, elderly.

On the basis of application, the market is segmented into memory enhancement, attention and focus, depression and mood, sleep and recovery, anti-aging and longevity, stress & anxiety. In terms of global revenue in 2021, the memory improvement sector held the biggest market share and is predicted to continue to dominate. The millennial generation is engaging in a variety of activities outside of their primary occupation, such as adventure sports, social events, and part-time work, which needs them to be intellectually awake throughout the day. Therefore, it is anticipated that changing consumer habits will increase demand for these goods. A survey from the Organization for Economic Cooperation and Development indicates that part-time employment is becoming more prevalent in nations like Germany, Italy, France, and Austria. Over the projection period, the shift in consumer lifestyle is anticipated to increase demand for memory-boosting supplements.

Based on distribution channel, the market is divided into supermarkets & hypermarkets, drug stores, online stores, and others.

The brain health supplements market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2021, North America contributed most to the market. The demand for the product in North America is being driven by consumers' increased concerns about their mental health. Nearly 75% of U.S. adults consume dietary supplements that contain vitamins, minerals, and herbal ingredients to enhance brain health, energy, and performance, according to statistics released by the U.S. National Library of Medicine in April 2020. These trends are probably going to accelerate the market expansion in the nation. In America, loneliness and uncertainty about the future are major stressors for adolescents and young adults, according to data published by the American Psychological Association in October 2020, which is expected to lead an increase in the number of adults to use brain health supplements for the right kind of treatment.

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/3114/brain-health-supplements-market.html#form

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

For enquiries,
Contact:
Stratview Research
E-mail: [e-mail]
Direct: [phone]

 

Bio-Composites Market Set for Rapid Growth During 2022-2027

The Bio-Composites Market is Segmented by End-Use Type (Building and Construction, Automotive, Industrial and Consumer Goods, and Others), by Process Type (Extrusion, Compression Molding, Injection Molding, and Others), by Resin Type (Polyethylene, Polypropylene, Polyvinyl Chloride, Polylactic Acid, and Others), by Fiber Type (Wood Flour, Flax, Kenaf, Hemp, Jute, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

What is a Bio-Composites Market?

Bio-composite is basically a composite material which is formed by a matrix and a reinforcement of natural fibers. In this material, either one of the matrix and reinforcement components or both are from bio-based origins. Environmental concerns and the high cost of synthetic fibers have resulted in an increased utilization of natural fiber as reinforcement, which is likely to drive the bio-composites market in the coming years.

Market Dynamics

Bio-composites find various applications, ranging from household articles to automobiles, eventually resulting in an increased product demand. Growing demand for wood plastic composites in the construction industry and increasing utilization of natural fiber composites in automotive interiors are some of the key factors expected to drive the market growth during the forecast period. Overall, the bio-composites market is likely to rebound at a healthy CAGR of 3.5% during the forecast period.

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

https://www.stratviewresearch.com/Request-Sample/3055/bio-composites-market.html#form

 

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 Bio-Composites Market analysis report discusses the following heads in details:

• 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.

Regional Analysis

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing region in the market for bio-composites during the forecast period with Japan, India and China being the growth engines of the region. Furthermore, growing demand for wood plastic composites decking, fencing, and railing in the building and construction industry is expected to accelerate the regional market growth over the forecast period.  

 

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [e-mail].