Why Is Charcoal More Popular than Other Fuels in Philippines?

Being a developing country, the Philippines relies on easily available products for everyday use. One of the most essential products that have been deeply integrated into the country’s life and culture is charcoal. People in the country find it cost-effect to procure charcoal over other energy resources, such as oil and gas, which is why it finds heavy usage in low-income as well as middle-income households. The reason behind the cost-effectiveness of the fuel is the ready availability of the raw materials used to produce it, especially coconut shells and wood.

P&S Intelligence says that due to this factor, the Philippines charcoal market will grow from $500.0 million in 2019 to $688.2 million by 2030, at a 2.9% CAGR during the forecast period (2020–2030). The fuel is made by burning organic matter, such as wood and coconut shell, in the absence of oxygen. Compared to burning wood and coal to produce energy, the combustion of charcoal releases no ash and extremely low amounts of smoke and carbon emissions, which is why this fuel is considered an environment-friendly alternative.

To learn more about this report: https://bit.ly/3r1pqPt

The Philippines charcoal market is highly fragmented in nature, as there are a large number of small-scale producers in the country. Often, people produce the charcoal and then consume it themselves, and this is the way most of the fuel in the country is produced. Even the marketing and sales of the products are majorly conducted via unregulated channels. The country is home to only a handful of large-large scale industry players, which include Cenapro Inc., BF Industries Inc., Celebes Agricultural Corporation, Jacobi Group, MacKay Green Energy Inc., GCF Multi Products Development Corporation, and Premium A.C. Corporation.

Therefore, with the increasing application areas of the fuel, its production and consumption are set to increase in the country.

Read more: https://www.psmarketresearch.com/market-analysis/philippines-charcoal-market

Read More

Industrial Gases Market To Grow at CAGR of 5.5% during 2020–2030

The industrial gases market valued $92,392.4 million in 2019, and it is set to grow at a CAGR of 5.5% during the forecast period of 2020–2030, to reach $154,079.5 million by 2030. The increase in the revenue can be attributed to the diversified application of gases in industries, numerous government initiatives to shift toward alternative energy sources, and development of the healthcare infrastructure. Additionally, the prosperity of the food processing industry will contribute to the market growth in the future.

To learn more about this report: https://bit.ly/2WcdX1p

In the food and beverage industry, gases find application in the production of decaffeinated coffee and carbonating beer and soft drinks. Apart from the food processing sector, gases are widely used in sectors such as electronics, healthcare, chemicals, heavy metal, and petroleum. For instance, the heavy metal industry employs acetylene for the oxy-acetylene flame to cut and weld metals. In addition, hydrogen is used in large volumes to manufacture chemicals and refine petroleum. The expansion in all these sectors is, therefore, expected to drive the industrial gases market growth.

Geographically, the Asia-Pacific (APAC) industrial gases market generated the highest revenue in 2019, and it will continue to do so during the forecast period. The rising number of production units in South Korea, India, Japan, and China due to cheap labor, flexible environment laws, and increasing demand for end products is driving the market growth. For instance, the manufacturing sector of China and Japan stood at $4.0 trillion and $1.0 trillion, respectively, during 2018–2019, which reflects the consumption of numerous gases in huge volumes.

Browse full report at: https://www.psmarketresearch.com/market-analysis/industrial-gases-market

In addition to the largest share, the APAC industrial gases market will grow the fastest during the forecast period. It can be attributed to the surge in the population and increase in the purchasing power of the people in the region. The shift of manufacturing units from Western countries to the APAC region due to the increasing demand for end-use products in the latter will also add to the fast-paced growth of the market, as will the surging expenditure on healthcare in the emerging nations of the region.

Therefore, the growing number of production units, to cater to the demand for the end-use products, will lead to the rising consumption of gases in factories.

Read More

Major Revenue Growth Expected in U.S. Shower Glass Door Market Between 2020 and 2030

In 2019, the U.S. shower glass door market reached a value of $3,188.3 million and is predicted to generate revenue of $6,781.9 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market would progress at a CAGR of 7.5% during 2020—2030. The major factors propelling the growth of the market are the rapid urbanization in the metropolises and the boom of the real estate and tourism and hospitality industries in the country.

Request to Get the Sample Report

The increasing urbanization in the country is a major factor fueling the growth of the U.S. shower glass door market. As per many reports, the urban population is registering a faster growth rate than the rural one. As per the 2018 Revision of World Urbanization Prospects by the United Nations Department of Economic and Social Affairs (UNDESA), by 2050, nearly 68% of the global population is predicted to reside in urban areas.

Across the globe, North America is the most heavily urbanized region, with as much as 82% of the population there living in cities and towns. Moreover, the region will witness large-scale urbanization in the future years as well. This will lead to huge investments in various infrastructural development projects such as those including residential, industrial, and commercial facilities. This will subsequently boost the advancement of the U.S. shower glass door market in the coming years.

Hence, it is safe to say that the market would demonstrate huge expansion in the forthcoming years, primarily because of the surging urban population, rapid urbanization, and the increasing construction and infrastructural development activities in the country. 

Read More

Demand for Incorporation of AI in Agriculture Set to Boom in Asia-Pacific in Future

Globally, the AI in agriculture market will demonstrate the highest growth rate in the Asia-Pacific (APAC) region in the upcoming years, as per the estimates of P&S Intelligence, a market research firm based in India. The rate of usage of smart agriculture methods such as agricultural robots, precision farming, and drone analytics is predicted to increase sharply, especially in the developing nations such as Thailand, Indonesia, and China in the future years.

Depending on type, the AI in agriculture market is divided into service and product. Between these, the product category recorded higher growth in the market in the past years. Moreover, in the near future, the mushrooming utilization of AI-based software would propel the market advancement across the globe. This category is further classified into software and hardware, between which, the hardware division registered higher growth in the market in the past. 

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-agriculture-market/report-sample

The rising requirement for higher crop yield and agricultural produce, on account of the increasing disposable income of people in several countries such as India, China, Brazil, and the U.S., changing consumer preferences, surging population, and rapid urbanization, is pushing up the demand for the incorporation of artificial intelligence (AI) in agriculture.

Moreover, due to the growing demand for food products, major agricultural nations are increasingly leveraging AI solutions and systems for increasing the agricultural productivity. This market research report provides a comprehensive overview of the AI in agriculture market

• Historical and the present size of the AI in agriculture market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

Read More

Women Workforce To Boost U.S. Beauty and Personal Care Products Market

The increasing sales through e-commerce platforms, growing geriatric population, and rising number of working women will drive the U.S. beauty and personal care products market growth at a CAGR of 4.8% during the forecast period of 2020–2030. At this rate, the revenue will increase from $81.1 billion in 2019 to $128.7 billion in 2030. Additionally, the growing incidence of skin diseases, rising expenditure on personal care, and shifting focus toward chemical-free and organic products will aid the expansion of the market.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/us-beauty-personal-care-products-market/report-sample

The increase in the number of working women in the U.S. is also a significant factor that will drive the U.S. beauty and personal care products market growth during the forecast period. The U.S. Bureau of Labor Statistics published an article that states that the number of women in the U.S. workforce is expected to reach 92 million in 2050 from 66 million in 2000. Moreover, the records state that as of 2019, 46% of the women in the U.S. were part of its workforce, which was greater than the global average that stood at 39%.

The presence of several market players offering a varied range of premium, standard, and mass products makes the U.S. beauty and personal care products market highly fragmented. To consolidate their market position, the major players are acquiring firms that offer better products and can help them in expanding their reach. For instance, Shiseido Americas Corporation, a unit of Shiseido Company Limited, completed the acquisition of a rapidly growing skincare brand— DRUNK ELEPHANT — in October 2019to strengthen its presence in the U.S. skincare industry.

Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-beauty-personal-care-products-market
 
Therefore, the availability of a wide range of products and increasing income of women in the U.S. will boost the growth of the country's beauty and personal care industry in the future.

Read More

U.S. Advanced Driver-Assistance Systems Market is Expecting Major Tech Revolution in Near Future

The need for increasing safety and security of vehicles, for the sake of both drivers and pedestrians, is increasing day by day all over the globe, including the U.S. As per the Association of Safe International Road Travel, over 38,000 people die in crashes every day on roadways in the U.S. In addition to this, about 4.4 million people are injured enough to need medical intervention. The country suffers from 50% more road crash deaths among all high-income countries, which further increases the cost of dealing with these situations. Because of these factors, the auto manufacturers are increasingly involved in coming up with advanced solutions that can increase the safety of vehicles.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/us-adas-market/report-sample

One such solution is the integration of advanced driver assistance systems (ADAS) in cars. ADAS is utilized for describing the different safety features that are being integrated in vehicles to enhance driving experience by decreasing the severity and number of vehicle crashes. The system can warn the driver and further intervene for helping the driver to remain in control of the vehicle in case the possibility of an accident arises. In addition to this, if the accident cannot be avoided, ADAS can ensure that its severity is decreased.

Attributed to such advantages, the U.S. ADAS market is expected to grow at a substantial rate in the near future. ADAS can be integrated in medium & heavy commercial vehicles, passenger cars, and light commercial vehicles. The system consists of a number of sensors, including laser sensor, ultrasonic senor, radar sensor, light detection and ranging sensor, and infrared sensor. Out of all these, the demand for radar sensors is predicted to be the highest in the coming years, which can be ascribed to the increasing applications in autonomous and connected vehicles and reducing cost of these sensors.

Hence, the demand for safety of roads is leading to the growing adoption of ADAS in the U.S.

Read More

Why is Electric Toothbrush Market Growing Explosively in Asia-Pacific?

The global electric toothbrush market generated a revenue of $2.7 billion in 2019 and is predicted to progress at a CAGR of 5.7% between 2020 and 2030. According to the estimates of the market research company, P&S Intelligence, the market would attain a valuation of $4.8 billion by 2030. The key factors driving the progress of the market are the growing public awareness about the various benefits of electric toothbrushes and unhealthy dietary habits of people around the world.

Some of the most highly prevalent unhealthy eating habits are the consumption of sugar-rich foods, tobacco, and alcohol. These consumption habits have detrimental effects on the oral hygiene of a person. Moreover, these habits are pushing up the requirement for smart toothbrushes, which is, in turn, fueling the sales of electric toothbrushes. For example, as per the IDF Diabetes Atlas 2019, the worldwide incidence of diabetes in people in the age group- 20–79 years was nearly 463 million.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/electric-toothbrush-market/report-sample

When head movement is taken into consideration, the electric toothbrush market is divided into rotation/oscillation and sonic/side-by-side. Between these, the sonic/side-by-side category recorded higher growth in the market in the past years, both in terms of value and volume. These toothbrushes usually vibrate at a 24,000–40,000 strokes per minute frequency. This kind of powerful vibration makes these toothbrushes more effective than the rotating/oscillating ones. Globally, the market would register the highest CAGR in Asia-Pacific (APAC) in the forthcoming years.

Market Segmentation by Bristle

·         Soft

·         Nanometer

Market Segmentation by Head Movement

·         Sonic/Side-by-Side

·         Rotation/Oscillation

Market Segmentation by Product Type

·         Rechargeable

·         Battery

Market Segmentation by Distribution Channel

·         Supermarkets/Hypermarkets

·         Pharmacy/Drug Stores

·         Online Platforms

·         Others

Market Segmentation by End User

·         Adults

·         Children

Read More