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According to the latest report by IMARC Group, titled “Drilling and Completion Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global drilling and completion fluids market is currently witnessing strong growth. Drilling and completion fluids facilitate oil and gas production and exploration. Drilling fluids, or drilling mud, are viscous fluid mixtures added to the wellbore to transport solids and stabilize exposed rock formations by coating the walls. An effectively planned and maintained drilling-fluid system significantly increases the penetration rate when drilling and protects the reservoir from damage. On the other hand, completion fluids are solids-free liquids used to “complete” an oil or gas well. They improve well productivity by minimizing damage to the producing zone, and help prepare, repair and clean out the wellbore during the completion phase.
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Market Trends:
Over the years, the demand for drilling and completion fluids has escalated as they deliver superior performance, resulting in lower well costs. Apart from this, increasing investments in shale gas exploration have led to a rise in the adoption of drilling and completion fluids, as they help in controlling the pressure in the wellbore, prolong the life of the drilling equipment by reducing friction and associated heat, and facilitate final operations before the production phase. Moreover, governments of various nations are undertaking favorable initiatives to promote the utilization of sustainable drilling and completion fluids. In line with this, market players are developing recyclable and biodegradable variants of completion and drilling fluids. Along with this, the utilization of nanotechnology in the development of high-performance fluids has significantly contributed to the growth of the market. Looking forward, the market is projected to expand at a CAGR of around 5% during 2020-2025.
Market Breakup by System Type:
- Water-Based Drilling and Completion Fluids Market
- Oil-Based
- Synthetic Fluid-Based
- Other
On the basis of system type, water based hold the largest market share.
Market Breakup by Well Type:
- HPHT (High Pressure High Temperature)
- Conventional Wells
Market Breakup by Application:
- Onshore
- Offshore
Market Region Summary:
Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others), Europe (Germany, Italy, the United Kingdom, France, Russia, Spain and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the market has also been examined with some of the key players being:
- Baker Hughes Company
- CES Energy Solutions
- Chevron Phillips Chemical
- Drilling Fluids & Chemicals Limited
- Halliburton Company
- National Oilwell Varco Inc.
- Newpark Resources Inc.
- Q'Max Solutions Inc.
- Sagemines
- Schlumberger
- Scomi Group Berhad
- Secure Energy Services Inc
- Tetra Technologies Inc
- Weatherford International
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/drilling-completion-fluids-market
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According to the latest report by IMARC Group, titled "Air Conditioning System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global air conditioning system market size grew at a CAGR of around 10.6% during 2014-2019. An air conditioning system facilitates the removal of heat and moisture present in an enclosed space to alter the overall temperature. The heat is replaced from the given area with chilled dry air while the hot air and moisture are expelled in the atmosphere. The system restraints the entry of smoke or dust particles and aids in improving the comfort of the dwellers by creating a regulated interior environment. Consisting of fans, compressors, condenser coil, evaporator coil and chemical refrigerants, the suitable thermal condition and superior indoor air quality provided by these systems aid in improving human efficiency and maintaining proper health functions. Consequently, they have emerged as an indispensable component across domestic, commercial and industrial environments.
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Market Trends:
The global market is primarily driven by the confluence of numerous factors, including rapid urbanization, rising disposable incomes, shifting lifestyle patterns and altering climatic conditions. This has resulted in a significant increase in the uptake of air conditioning systems, especially in the residential sector. In line with this, the growing global population has contributed to the growth in the construction of housing projects, which is expected to provide a thrust to the market growth. Moreover, considerable growth in the tourism sector is also catalyzing the market growth. The increasing influx of foreign tourists has led numerous countries to build hotels, auditoriums, multiplexes and shopping complexes to improve their existing infrastructure. Air conditioning systems are crucial for offering convenience to the tourists, which, in turn, influences their spending behavior. Apart from this, these systems are widely used across numerous organizations to improve working conditions and enhance the overall productivity of the employees. Furthermore, an enhanced focus toward sustainable development has resulted in an increased demand for energy-efficient air conditioners, which is further creating a positive outlook for the market. Numerous manufacturers have also developed smart and connected variants that are widely gaining prominence among users. These variants are being integrated with advanced technologies and can be operated using voice commands. On account of the aforementioned factors, the market is anticipated to witness strong growth during 2020-2025.
Market Breakup by Technology:
- Inverter
- Non-Inverter
- Automotive
On the Basic of technology type, represent the largest automotive market share.
Market Breakup by Product Type:
- Unitary
- Rooftop
- PTAC
- Others
Market Breakup by End-User:
- Residential
- Commercial
- Industrial
Market Breakup by Distribution Channel:
- Specialty Stores
- Supermarkets and Hypermarkets
- Online
- Others
Competitive Landscape Key Player:
- HAIER ELECTRONI/ADR
- Carrier Corporation (UTX)
- DAIKIN INDUSTRI/ADR
- Electrolux North America Inc.
- Hitachi-Johnson Controls Air Conditioning Inc.
- Lennox International Inc.
- LG Electronics Inc.
- Midea Group Co. Ltd.
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Samsung Electronics Co Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group30 N Gould St Ste RSheridan, WY 82801 USAEmail: Sales@imarcgroup.comTel No:(D) +91 120 433 0800Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Abrasives Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global abrasives market size reached US$ 43.5 Billion in 2019. Abrasives are sharp, mineral-based materials that are majorly used to offer finishing to both hard and soft materials. They are hard crystals that are either found in nature or can be synthetically manufactured. They are widely utilized to clean surfaces and to remove excess material coarsely. Apart from this, they are also employed for shaping in form grinding, sizing in precision grinding, tool sharpening, blast cleaning, separating in slicing operations, roughening in matte finishes and in the manufacturing of intricate components. As a result, they are gaining widespread preference among various end users such as the automobile, electrical and mechanical industries.
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Global Abrasives Market Trends:
The global market is primarily driven by significant growth in the automotive abrasives industry. These materials are widely utilized for the manufacturing of various automotive parts, such as mirrors, air ducts and fuel tanks. Additionally, abrasives are crucial for minimizing carbon dioxide emissions and lowering noise levels in automobiles. Rapid urbanization, increasing global population and inflating per capita income levels have provided a boost to the sales of automobiles across the globe, thereby catalyzing the demand for abrasives. Moreover, the demand for these materials for metal fabrication is also providing a thrust to the market growth. Since they are utilized for surface blending as well as for removing welds, the emergence of automation in metal fabrication is expected to provide a stimulus to the market growth. Furthermore, extensive research and development (R&D) have led to the introduction of the next generation of non-woven abrasives in the market. Also, these materials provide minimal smearing issues, enhanced versatility and faster cut-rate, which is further contributing to their widespread preference across industries. On account of the aforementioned factors, the market is expected to reach a value of US$ 59.7 Billion by 2025, expanding at a CAGR of 5.4% during 2020-2025.
Market Breakup by Product Type:
- Bonded Abrasives
- Coated Abrasives
- Super-abrasives
- Others
On the basis of product type, hole the largest coated market share.
Market Breakup by Material Type:
- Natural Abrasives
- Synthetic Abrasives
Market Breakup by End-Use:
- Machinery
- Metal Fabrication
- Automotive
- Electronics
- Construction
- Others
Market Summary:
On the geographical front, the market has been segregated into Asia Pacific, Europe, North America, Latin America, and Middle East and Africa. The competitive landscape of the market has been studied, with the detailed profiles of the key profile operating in the market.
- Robert Bosch Power Tools GmbH
- DuPont de Nemours Inc.
- Fujimi Inc.
- Saint-Gobain Group
- Henkel AG & Co. KGaA
- 3M
- Asahi Diamond Industrial Co. Ltd.
- Carborundum Universal Limited.
- TYROLIT Schleifmittelwerke Swarovski KG
- NIPPON RESIBON CORPORATION
- Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG
- Abrasiflex Pty Ltd.
- Noritake Co. Limited
- COM
- Sankyo-Rikagaku Ltd.
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/abrasives-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group30 N Gould St, Ste RSheridan, WY (Wyoming) 82801 USAEmail: Sales@imarcgroup.comTel No:(D) +91 120 433 0800Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled "Medical Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" the global medical tourism market size is currently experiencing strong growth in 2019. Medical tourism refers to the global phenomenon wherein individuals travel outside their country of residence for the purpose of receiving medical care. The patient mobility can be based on a quantitative as well as a qualitative shift in pattern across the globe. While a certain section of individuals travels from developed to developing economies to access health treatments at affordable costs, others prefer to visit developed countries for receiving medical treatment of improved quality, facilitated by advanced healthcare infrastructure. Additionally, several patients move overseas to seek medical care of certain rare treatments, including stem-cell transplants and gender-reassignment operations, that are not available in their home country. Some of the most common procedures that patients pursue during medical tourism include dental care, cosmetic surgery, fertility treatment and elective surgery.
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Market Trends:
The global market is driven by high medical costs associated with the treatment of chronic diseases in developed nations. Along with this, a significant rise in the state-of-art medical facilities across the emerging economies has resulted in the willful expedition of numerous patients to developing countries to access better quality healthcare services at affordable prices. This is further being facilitated by the availability of inexpensive flights and the easy availability of information regarding the medical services on the internet. Moreover, numerous healthcare providers are now extending their services by offering medical tourism packages that may include services, such as ticket booking, hotel accommodations and medical insurance. This, along with inadequate insurance benefits available in various countries and the rising demand for surgeries that are not covered by medical insurance, is providing a thrust to the market growth. Furthermore, multiple benefits, including personalized care, modern devices, innovative medicines and latest technologies, offered by the healthcare sector of certain countries, in confluence with significant growth in the medical infrastructure supported by favorable government initiatives, are creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to exhibit a CAGR of around 8% during 2020-2025.
Market Breakup by Treatment Type:
- Cosmetic Treatment,
- Dental Treatment
- Cardiovascular Treatment
- Orthopedic Treatment
- Bariatric Surgery
- Fertility Treatment
- Ophthalmic Treatment
Market Breakup by Type:
- Bifurcated
- Domestic
- International
Market Breakup by End-Use:
- Diagnostics
- Research Laboratories
- Point of Care Testing
On the basis of research laboratories the industry hold the largest medical tourism market share.
Market Summary:
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the market has been examined with the detailed profiles of some of the key players operating in the market. Some of these players:
- Aditya Birla Health Services Ltd.
- Apollo Hospitals Enterprise Ltd.
- Asian Heart Institute
- Barbados Fertility Center
- BB Healthcare Solutions
- Fortis Healthcare Limited
- Healthbase
- KPJ Healthcare Berhad
- Prince Court Medical Centre Sdn Bhd
- SAMITIVEJ HOSPITAL GROUP
- SEOUL NATIONAL UNIVERSITY HOSPITAL
- UZ Leuven
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/medical-tourism-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.Contact UsIMARC GroupUSA: +1-631-791-1145Email: sales@imarcgroup.comWebsite: https://www.imarcgroup.comFollow us on twitter: @imarcglobal
As per the latest report by IMARC Group, titled “Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global mattress market size reached US$ 30.3 Billion in 2019. Along with nutrition and exercise, sleep plays a vital role in the overall health of an individual. Inadequate or poor-quality of sleep can lead to depression, poor concentration, high blood pressure and heart diseases. It is also associated with a higher risk of mental illnesses and road accidents, as well as reduced productivity. Consequently, there has been a boost in the sales of mattresses across the globe. Mattresses are filled with resilient materials, such as cotton, feathers, foam rubber or an arrangement of coiled springs, that facilitates sleep. They also provide comfort and proper postural alignment, which assist in minimizing the chances of having back pain during sleep.
The market is currently experiencing moderate growth on account of the expanding real estate sector and the boosting sales of home furnishings, such as mattresses, pillowcases and bed linen. Moreover, the rising number of patients with back problems, which is mainly caused by sleeping on uncomfortable mattresses, acts as another growth-inducing factor. The growing inclination of people toward customized mattresses is further driving innovation in the industry. In line with this, some of the leading players are introducing customization options, where customers can modify the thickness, firmness and size of the mattress according to their height, weight and other dynamics. Apart from this, inflating income levels are anticipated to propel the market growth in the coming years. Looking forward, the market value is projected to reach US$ 44.0 Billion by 2025, expanding at a CAGR of 6.2% during the forecast period (2020-2025).
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Market Outlook:
On the basic of outlook breakup into product type, mattresses size, application, distribution channels and hold the largest market share.
Market Breakup by Mattresses Product:
- Innerspring
- Memory Foam
- Latex
- Other
Market Breakup by Mattresses Size:
- Twin or Single
- Twin XL
- Full or Double
- Queen
- King
- Other
Market Breakup by Application:
- Domestic
- Commercial Sectors
Market Breakup by Distribution Channel:
- Specialty Stores
- Furniture Retailers
- Department Stores
- Others
Market Region Summary:
Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being:
- Kingsdown Inc.
- Kurlon Enterprise Ltd.
- Leggett & Platt Incorporated
- Paramount Bed Co. Ltd.
- Sealy Corporation
- Serta Inc.
- Simmons Bedding Company LLC
- Sleep Number Corporation
- Southerland Inc.
- Spring Air Company
- Tempur-Pedic International Inc
Ask Analyst and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/mattress-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
