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Caprolactam Market Growth 2021 Share, Size, Trends, Insight, Competitive, Statistics, and Forecast 2030

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In a recent published report, Kenneth Research has updated the market report for Caprolactam Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Caprolactam Market products.

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According to the statistics by the Food and Agricultural Organization (FAO) of the United Nations, the total amount of pesticides used around the world grew from 3,089,827 tonnes in 2000 to 4,122,334 tonnes in 2018. Moreover, amongst all the continents that used pesticides, Asia registered as the largest user of pesticides by attaining a share of 52.4% in the year 2018. It was followed by the Americas, Europe, Africa and Oceania with 32.3%, 11.6%, 2% and 1.7% respectively. The statistics also stated that China was the largest user of pesticides amongst all the nations worldwide, utilizing 1,763,000 tonnes of pesticides for agricultural use.

The Global Caprolactam Market is expected to reach USD 28.42 Billion by 2026 according to a new report published by Polaris Market Research. Caprolactam is a major raw material for the production of nylon 6 engineering resins and nylon 6 fibers. The global caprolactam market is primarily drive by high demand from numerous end-use industries such as automobiles, textiles, electrical & electronics, engineered plastics, specialty film packaging, wire & cabling, and others.

Automotive and textile industries have majorly driven the demand for caprolactam. In automotive industry, caprolactam is used in in the production of nylon 6 fibers that are increasingly used for engine covers, tire cord manufacture, and gears & bearings due to their excellent characteristics. Textile industry is driving growth for caprolactam due to rapidly increasing demand for apparels, sportswear, fashion clothing, protective clothing, and others. This industry makes use of nylon 6 fibers that are end-products to caprolactam and are further used for manufacturing textile products and industrial yarns.

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Growing global population coupled with the increase in the personal incomes of consumers has resulted in the rapid growth of textile and automobile industry. Consumer preference for modern products such as electric vehicles, and strong economic performance of many middle-income countries in the world has rapidly driven the high product demand among consumers. Product is manufactured from ammonia, cyclohexane, and phenol. As its raw materials are petro chemically derived from crude oil, the product prices might witness price volatility. The raw materials production is mainly concentrated in China and the United States. In 2016, the product witnessed high pricing due to rise in its raw material pricing (benzene and derivatives) and tight supply.

Caprolactam includes two major end-use products, nylon 6 fibers and nylon 6 resins. Nylon 6 fibers are the dominant product type due to its large array of applications and excellent properties. Nylon 6 fibers are largely used in carpet, industrial yarns, and textile industries, whereas Nylon 6 resins are primarily used in specialty film packaging, engineering plastics, wires & cables, and automotive industries.

China is the largest consumer of caprolactam in the world and Asia Pacific is the largest and fastest regional player. This is due to excess capacity in China and rapid developments in automobile, textile, and plastic industries of the region’s middle-income economies. Other Asian regions with substantial growth for caprolactam market include Taiwan, South Korea, Japan, Indian subcontinent, and the Southeast Asian countries.

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The global caprolactam market comprises of large number of international and domestic market players. Some of the key companies include BASF SE, China National Petroleum Corp., Capro Corp., DOMO Caproleuna GmbH, Honeywell Chemical Intermediates, China Petroleum & Chemical Corp., Royal DSM NV, and IRPC Public Company Ltd.

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Epoxy Resin Market Analysis By Industry Growth, and Research Report

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Global Epoxy Resin Market is valued approximately at USD 7.9 billion in 2019 and is anticipated to grow with a growth rate of more than 5.77% over the forecast period 2020-2027. Epoxy resin has various properties such as corrosion resistance, prolonged durability, superior mechanical strength, high thermal stability, notable toughness, resistance to chemical & moisture, and superior adhesion. It is widely used in several end-use industries including adhesives, composites, paints & coatings, and electronic encapsulation industries. The paints and coatings containing epoxy resins are also considered environmental friendly than other chemicals. The growing demand form end use industries, rising use of composites, emerging demand from developing countries and need for revolutionary advancements in weight reduction, safety, and ease-of-application are the few factors responsible for growth of the market over the forecast period.

Furthermore, increasing demand for publications, commercial printing, packaging, corrugated cardboards and others coupled with the consumer specific need such as eco-friendly solutions have led to burgeoning global demand for printing ink industry, which enhances the demand for epoxy resins. For instance: as per Statista, the U.S. printing books sales was around 591 million units in 2012 and is rose to 689.45 million units in the year 2019. The rising demand for automotive across the world led to the rising adoption of epoxy resin base paint and coatings, which further encourage the growth of the market over the forecast period. According to the International Organization of Motor Vehicle Manufacturers OICA, the total number of motor cars produced in India was 3,378,063 in 2015 that rose to 4,064,774 motor cars in 2018. Also, the total number of Commercial Vehicle produced in USA was 7,936,416 in 2015 and rose to 8,518,734 in 2018. Whereas, volatility in Raw Material Prices is the major factor restraining the growth of global Epoxy Resin market during the forecast period.

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The regional analysis of global Epoxy Resin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world owing to the increasing industrialization and growing infrastructural development, and rising adoption of technologies.

Major market player included in this report are:
Olin Corporation
Nan Ya Plastics Corporation
Hexion Inc.
Kukdo Chemical Co. Ltd.
Huntsman Corporation
Chang Chun Plastics Co. Ltd.
Aditya Birla Chemicals
The 3M Company
BASF SE
Sinopec Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. 

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Emotion Detection and Recognition (EDR) Market New Innovations Trends, and Growth Factor

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Global Emotion Detection and Recognition (EDR) Market is valued approximately at USD 17.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 18% over the forecast period 2020-2027. Emotion detection and recognition, often abbreviated as EDR, is a technique used for assessing the human emotions through the integration of several technological capabilities, such as facial recognition, biosensing, speech and voice recognition, pattern recognition, and machine learning. Detecting and recognizing human emotions hold immense significance during the interaction process among the human and machine communication systems. This technique not only enhances the machine and human interface, but also improves the feedback process action adapted by the machines from the users, which may drive the adoption of EDR systems.

Moreover, the rise in IoT application and adoption of wearable devices, rising need for advanced marketing tools, and increasing usage in smartphones are the few factors responsible for the high CAGR of the market over the forecast period. According to the International Data Corporation’s (IDC) Worldwide Quarterly Wearable Device Tracker, the wearable device’s shipments were estimated at 305.2 million units in 2019, which is an increase of 71.4% from 2018 which holds almost 178.0 million-unit shipment. Also, the IDC predicted that the total shipment of wearable devices around the world will grow to nearly 500 million units by the year 2023, resulting in a compound annual growth rate (CAGR) of 22.4%.

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This exceptional growth was majorly witnessed by the proliferation of hearables that captures around 55.3% share of the entire market. This, in turn, is expected to create huge demand for Emotion Detection and Recognition (EDR) all over the world. However, the high cost of application along with the data security & privacy concern are the major factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Emotion Detection and Recognition (EDR) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing investment & funding on Internet of Things (IoT) technology, along with the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increasing popularity of wearable technology, along with the rapidly growing demand for smartphones in developing nations, such as China and India, would create lucrative growth prospects for the Emotion Detection and Recognition (EDR) market across the Asia-Pacific region.

Major market player included in this report are:
Affectiva Inc.
Emotibot Technologies Limited
iMotions A/S
Noldus Information Technology
Sightcorp
NVISO SA
Kairos AR, Inc.
Nemesysco Ltd.
audEERING GmbH
SkyBiometry

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. 

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Electronic Chemicals & Materials Market: Industry Insights, Major Key Players

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Global Electronic Chemicals & Materials Market is valued approximately USD 52.4 billion in 2018 and is anticipated to grow with a growth rate of more than 7.5% over the forecast period 2019-2026. Electronic Chemicals & Materials are used for manufacturing, fabrication and packaging of electronic devices. This includes semiconductors, printed circuit boards, flat panel displays, integrated circuits and others, fabricated and packaged by all chemicals and materials. Electronic chemical and material includes wafer fabrication chemicals and materials and packaging chemicals & materials. Wafer fabrication includes the process of manufacturing devices such as flat panel displays circuit boards and others.

While the technique of packaging includes the interconnection of electronic materials. The increasing demand for technological advancements in electronics industry has enhanced the growth of this market over the forecast period of 2019-2026. The rising global population along with disposable income boosts the market growth. The increasing IT infrastructure and technical enhancements in manufacturing electronic chemicals & materials will boost the growth of global Electronic Chemicals & Materials market over the forecast period of 2019-2026.

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The regional analysis of global Electronic Chemicals & Materials Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world. Whereas, Asia Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing population, high disposable income, and developments in telecommunications and IT, smart cards, electronic gaming, and consumer goods application would create lucrative growth prospects for the Electronic Chemicals & Materials Market across Asia Pacific region.

Major market player included in this report are:
Linde PLC
Air Products and Chemicals
DowDuPont
Cabot Microelectronics
BASF AG
Hitachi Chemical
Air Liquide
Solvay
Shin-Etsu Chemical Co., Ltd.
Covestro

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. 

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Dual Chamber Prefilled Syringes Market Growth Analysis on Latest Trends

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Global Dual Chamber Prefilled Syringes Market is valued approximately USD 121 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2020-2027. Dual chamber injectors and syringes are health devices used to store active pharmaceutical components or biological substances (such as tissue, blood or serum) that are not stable for lengthy period. These devices aid to maintain sterility of drugs before the time of injection to evade drug loss. For example, liquid proteins drugs need refrigeration before dispensing. Thus, dual chamber injectors and syringes benefits to manage proper storage condition of these drugs as proper storage of these drugs reduces the adverse effects of drug delivery. The Advancement in technology which introduces improved arrangement for liquid components in injectors drives the market growth.

Also, the growing biopharmaceutical industry along with advanced manufacturing processes and integration of companies fuels the market growth. As in May 2020, Evonik announced to invest USD 27 million targeted to increase its active pharmaceutical ingredient and production capacity in Germany. While, in March 2019, Gerresheimer announced the establishment for a new plant in North Macedonia. The plant is targeted to manufacture plastic systems such as prefilled syringes. Increasing adoption of ready-to-use elastomeric syringe components by drug manufacturers is a key trend observed in the prefilled syringes market. However, risk of cross contamination impedes the growth of the market over the forecast period of 2020-2027. Although, tremendous research in order to make separable dual chamber syringes cost effective presents a lucrative opportunity for the market.

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The regional analysis of global Dual Chamber Prefilled Syringes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the well established healthcare industry and rapid adoption of new technology and devices in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising population would create lucrative growth prospects for the Dual Chamber Prefilled Syringes market across Asia-Pacific region.

Major market player included in this report are:

Nipro Corporation
Gerresheimer AG
Vetter Pharma
Credence Medsystems
Arte Corporation
Pfizer Inc.,
AstraZeneca Plc.,
Maeda Industry Co., Ltd
Bristol-Myers Squibb Company
Novartis AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. 
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Identity Governance and Administration Market Insights by Leading Companies Future Growth, Demand Forecast to 2023

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With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The global identity governance and administration market size is expected to grow from USD 3.8 billion in 2018 to USD 7.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period. Identity governance and administration market is driven by several factors, such as growing focus of organizations towards meeting regulatory compliances, along with the need to improve operational efficiency of identity management processes. However, the excessive cost of implementing identity governance and administration solutions can hinder the growth of the market.

Services segment to grow at the highest CAGR during the forecast period
With the increasing adoption of identity governance and administration solutions, the demand for supporting services is also growing among end users. Identity governance and administration services include professional services and managed services. Service providers concentrate on delivering dedicated services by understanding customer’s demands and needs. Moreover, these services help implement identity governance and administration solutions in a cost-efficient manner to accomplish business processes within the time frame and budget effectively.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Identity Governance and Administration Market Insights by Leading Companies Future Growth, Demand Forecast to 2023

BFSI to hold the largest market size during the forecast period
The BFSI is one of the most regulated industry verticals. There are several regulatory compliances that the BFSI organizations have to adhere with. This industry vertical also happens to be the one which has seen many cyber-attacks in recent times. Identity governance and administration solutions protect the business-critical information, data and applications of financial service providers from unauthorized access. Identity governance and administration solution vendors are looking at providing solutions and services based on standardized best-practice processes for improving data security, and lowering operating costs, as well as efficient audit-compliant processes in observation of all relevant regulations.

APAC is expected to record the highest growth rate during the forecast period
The identity governance and administration market in APAC is expected to witness substantial growth, as SMEs and large enterprises in the region are rapidly adopting the identity governance and administration solution to ensure the security of organizational data and customers’ sensitive data. Moreover, the region is expected to invest more in deploying security solutions, owing to the increasing threat of identity and access breaches. China, Australia and New Zealand, India, and Japan provide huge opportunities for the adoption of the identity governance and administration solutions and services across industry verticals. Meanwhile, North America is projected to hold the largest market size during the forecast period.

Get a PDF Sample for more detailed market insights: https://www.sdki.jp/sample-request-106588
The Final Report will cover the impact analysis of COVID-19 on this industry: Identity Governance and Administration Market Insights by Leading Companies Future Growth, Demand Forecast to 2023

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the identity governance and administration marketplace.
• By company type: Tier 1 – 42%, Tier 2 – 38%, and Tier 3 – 20%
• By designation: C-level – 40%, D-level – 35%, and Others – 25%
• By region: North America–35%, Europe–27%, APAC– 23%, and RoW– 15%

Research Coverage
The market study covers identity governance and administration market across segments. The report aims at estimating the identity governance and administration market size and future growth potential across different segments, such as component, deployment type, organization size, industry vertical, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market, their strengths and weaknesses, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall identity governance and administration market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKET SEGMENTATION 17
1.3.2 REGIONS COVERED 17
1.4 YEARS CONSIDERED FOR THE STUDY 18
1.5 CURRENCY CONSIDERED 18
1.6 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.2 PRIMARY DATA 21
2.1.2.1 Breakup of primary profiles 21
2.1.2.2 Key industry insights 22
2.2 MARKET BREAKUP AND DATA TRIANGULATION 22
2.3 MARKET SIZE ESTIMATION 23
2.3.1 TOP-DOWN APPROACH 24
2.3.2 BOTTOM-UP APPROACH 24
2.4 MARKET FORECAST 25
2.5 ASSUMPTIONS FOR THE STUDY 26
2.6 LIMITATIONS OF THE STUDY 26

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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