Gmi Research

  Industrial Gloves Market The Industrial Gloves Market is anticipated to reach at USD 15,106 Million by 2027, growing at a CAGR of 10.7% over the forecast period (2020-2027). The factors driving the growth of Industrial Gloves Market includes increasing application of Industrial Gloves in end-use industries such as pharmaceuticals, chemicals, mining and oil and gas, rising number of accidents happening at workplace and increasing demand for disposable gloves across the globe. As per the report published by Bloomberg, the Global Disposable Gloves Market is predicted to reach US$ 9,553.9 million by the end of 2022, growing at a robust CAGR of 13% over the forecast period (2022-2030), which will boost the demand for Industrial Gloves in the approaching years. Moreover, the strict laws regarding worker’s safety, expansion in the food & beverage industry and increasing investments in the healthcare sector, are some of the additional factors supplementing the Industrial Gloves Marke...

  Ketones Market Ketones Market is anticipated to grow at a faster CAGR over the forecast period, owing to the growing consumption of convenience food and increasing health awareness. Ketones are simpler compounds that include a carbonyl group and are used in ketone oils and esters. Changing lifestyle of consumers and the growing use of ketones across the beverage industry by leading producers will fuel the ketones market. Increasing drift toward a healthy lifestyle and consumption of functional food is further projected to propel market growth. However, ketone supplements are very costly, and increasing concern about the risk of ketones might hamper the Ketones Market Size . By application, the supplements application is anticipated to witness a faster CAGR over the forecast period, owing to their increasing use among sportspersons and athletes. Moreover, as per the Ketones Market forecast , accelerating per capita income and a rising geriatric population will bolster the market ...

  Automotive Motors Market The Automotive Motors Market is predicted to grow at a robust CAGR during the forecast period (2020-2027). The factors driving the growth of Automotive Motors Market includes rising sales of passenger vehicles, increasing demand for safety systems in automobiles such as Anti-Lock Braking Systems (ABS) and Electronic Stability Control (ESC) and growing emphasis on developing fuel-efficient vehicle. As per the report published by Statista, the passenger car sales globally, has significantly increased from 53.92 million units in 2020 to 56.4 million units in 2021, which is expected to boost the Automotive Motors Market share in the approaching years. Moreover, the increasing environmental concerns such as Global warming and climate change and Government’s policies to boost the production of Electric vehicles, are some of the additional factors augmenting the Automotive Motors Market size . For instance, the Canadian Government is investing USD 2.8 billion ...

  Armored Vehicles Market The Armored Vehicles Market is anticipated to expand at a robust CAGR over the forecast period (2020-2027). The factors driving the growth of growth of Armored Vehicles Market includes increasing cross-border terrorism around the world, advancements in asymmetric warfare and emerging need to upgrade armored vehicles in the military sector. According to Global Terrorism Index, the terrorist attacks across the globe increased to 5,226 in 2021 and the maximum terrorist attacks were reported in Myanmar, with the death tolls in Myanmar reaching to 521 during the same year. Moreover, the increasing Government expenditure on defense budget, intergovernmental agreements for developing advanced armored vehicles, are some of the additional factors supplementing the Armored Vehicle Market share . As per Macro Trends, the Philippines military budget has significantly increased from USD 2.84 billion to USD 3.47 billion in 2019, showing a 22.13% increase, and the milit...

  Accounting Software Market The Accounting Software Market was valued at USD 11,037 million in 2019 and is predicted to grow at a robust CAGR of 8.1% over the forecast period (2020-2027). The factors driving the growth of Accounting Software Market includes growing demand for financial and accounting software solutions and collaboration between small and medium enterprises and e-commerce players for automating banks feeds. Moreover, the integration of advanced technologies such as artificial intelligence and Cloud Computing with accounting software and increasing investments in industries such as BSFI, Health and E-commerce, are some of the additional factors supplementing the Accounting Software Market share . As per the report published by FDI India, during the FY2021, the Foreign Direct Investment (FDI) inflows in the BSFI Industry in India was valued at USD 81.72 billion, witnessing a 10% as compared to 2019-20. In addition, the advancement in IT Infrastructure around the wor...

  Silicon Carbide Market The Silicon Carbide Market is predicted to reach USD 2,967 Million by 2028, exhibiting a CAGR of 18.5% over the forecast period (2021-2028). The factors driving the growth of Silicon Carbide Market includes rising application of silicon carbide in automotive, power and steel industries and increasing demand for electric vehicles and hybrid cars across the world. As per the report published by Bloomberg, the Global Electric Vehicle Market is anticipated to reach $823.74 billion by the end of 2030, growing at a robust CAGR of 18.2% during the forecast period (2021-2030), which will accelerate the demand of Silicon Carbide for manufacturing electric vehicles in the approaching years. Moreover, the increasing Government initiatives to boost the production of solar lights for electrification in the rural areas and rising demand for consumer electronics, have propelled the Global Silicon Carbide Market . As per Times of India, the Indian Government targets to gen...

  Probiotic Cosmetic Products Market The Probiotic Cosmetic Products Market was estimated at USD 252 million in 2019 and is predicted to grow at a robust CAGR of 6.5% during the forecast period (2020-2027). The factors driving the growth of Cosmetic Products Market includes increasing concerns about skin problems such as acne, rosacea flares and psoriasis, growing demand for multi-functional beauty products and rising consciousness about the harmful effects of chemicals and synthetic products. As per the report published by National Center for Biotechnology Information (NCBI), around 81-95% of young men and 79-82% of young women are experiencing acne related skin problem, which is expected to boost the demand for probiotic skin care products in the approaching years. Moreover, the increasing investments and mergers & acquisition by the leading players to expand their footprint in the skincare division and rising sales of probiotic cosmetic products through e-commerce platforms,...