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The global lignin market size was estimated at USD 954.5 million in 2019 and is expected to expand at a CAGR of 2.0% in terms of revenue, from 2020 to 2027. Increasing demand for lignin in animal feed and natural products is anticipated to drive the growth. The product is widely utilized in the production of macromolecules used in the development of bitumen, biofuels, and bio-refinery catalysts. This factor is likely to support market growth. Growing demand for concrete admixtures and adhesives and binders coupled with increasing investments in infrastructure development is expected to fuel the market growth. In U.S., the demand for lingo-sulphonates accounted for the largest market share of 85.5% in 2019 and is expected to expand at a CAGR of 1.6% over the forecast period. In addition, the well-established market for the production of pulp and paper in North America is further likely to support the market. Gather more insights about the market drivers, restrains and growth of the ...

Health and hygiene concerns are increasing among individuals worldwide on account of rising awareness regarding the impact of COVID-19 on the population. The market has been witnessing significant developments in the hand sanitizer industry worldwide in the wake of the ongoing pandemic crisis. However, with the supply chain disruptions and widening supply-demand gaps worldwide, the industry is currently facing significant challenges with regard to ramping up manufacturing capacities to help mitigate the supply shortage. In order to address this supply shortage, several companies have begun leveraging their mass production capabilities to manufacture these products for their domestic markets. Gather more insights about the market drivers, restrains and growth of the  Global Hand Sanitizer Market For instance, in April 2020 Honeywell announced an expansion of its manufacturing operations at two chemical manufacturing facilities to produce and donate hand sanitizer to government agenc...

The global quality management software market was valued at USD 8.25 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2021 to 2028. The growing importance of customer-centric production and frequent changes in regulations and standards that demand recurring compliances are driving the growth of the market. Registration to ISO 90001, ISO 14001, and other international standards has become imperative for organizations to run businesses worldwide as it enables them to meet market demands, competitive pricing, legislative requirements, and satisfy customer needs. The outbreak of the COVID-19 pandemic has negatively impacted the manufacturing and transport and logistics industries. The suspension of production and trade of various goods and services is expected to affect the QMS market in the short term. However, individuals across the globe have turned to the internet for online shopping, leading to the rapid growth of the business-to-consumer ...

The global microfluidics market size was valued at USD 17.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 16.3% from 2021 to 2028. The market is majorly driven by the rising number of clinical studies for cell-based therapies. Rapid demand for low-volume sample analysis, high-throughput screening methodologies, In Vitro Diagnostics (IVD), and development of advanced lab-on-a-chip technologies are collectively contributing to market growth. Moreover, microfluidics offers a high return on investment and helps in cost control by minimizing errors. Pre-hospital analysis like routine blood glucose level check can be done at home, thereby reducing the number of hospital visits and stays. The point-of-care diagnostics introduced by various market players led to decreased hospital visits and early disease diagnosis. With advanced technologies, industry players now differentiate their products using minimally invasive features along with speed and accuracy...

The global platelet rich plasma market size was estimated at USD 476.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2021 to 2028. Platelet rich plasma (PRP) is proven to be a prominent source of antilogous products in the field of regenerative medicine and a true precursor for the healing process along with scaffold and stem cells. An increase in the incidence of sports injuries and orthopedic diseases are set to propel the demand for PRP therapy. The expanding research base is expected to boost the demand for platelet rich plasma preparation products. The application of PRP products in the treatment of musculoskeletal conditions, orthopedic disorders, and sports injuries has become more prevalent over recent years. Several research studies have observed that the increased concentration of growth factors in platelet rich plasma has the ability to potentially accelerate the healing process. This has proven to be a major source of autolo...

Dietary Supplements Industry Overview The global dietary supplements market size was valued at USD 151.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. Increasing consumer awareness toward personal health and wellbeing is expected to be a key driving factor for dietary supplements over the forecast period.  The working population around the globe is struggling to fulfill the dairy nutrient requirements owing to hectic work schedules and changing lifestyles. Increasing dependence on the supplements to fulfill the nutrient requirement owing to their high convenience is expected to drive the market over the forecast period. Gather more insights about the market drivers, restrains and growth of the  Global Dietary Supplements Market The U.S. emerged as a leading market for dietary supplements in the North American region owing to the higher spending capacity of the consumers. Increasing spending on healthcare produ...