Vegan Cosmetics Market Insights, Drivers, Top Trends, Global Analysis And Forecast to 2027

Vegan cosmetics are manufactured without causing any harm to animals. Naturally, these products do not contain any kind of animal-derived elements or ingredients. In majority of the cases organic and plant-based ingredients are the key components of such vegan cosmetic products. These products include elements such as vitamins, collage, minerals, gelatin, honey, and antioxidants among others. The global market for vegan cosmetics is expected to achieve promising growth in the coming years of the forecast period with the growing trend of veganism among global population.

Vegan Cosmetics Market – Notable Developments

Some of the key developments in the global vegan cosmetics market are given below:

• In their recent study, Soil Association Certification reported that the overall launch rate of the vegan beauty care product rose by nearly 175% in the period of July 2013 to June 2018.
• Recently, the State Assembly of the US unanimously passed an act called Cruelty-free Cosmetics Act (SB 1249). This new bill will restrict the sale of cosmetics and other beauty care products that have animals as test subjects. This law will come into effect from January 1 2020. The violators will face hefty charges such as US$5000 with more US$1000 per day till the time the violation is dissolved.
• In August 2018, L’Oréal announced that the company has successfully taken over Logocos Naturkosmetik, a German beauty brand that sells vegan and organic beauty products.

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Vegan Cosmetics Market – Drivers and Restraints

One of the biggest driving factor for the growth of the global vegan cosmetics market is the recent surge of the population adopting vegan diet and approach in their lives. As the number of people who follow strict veganism grow, naturally, the growth of the vegan cosmetics market will have a positive development.

In addition to this, several governments across the globe are implanting strict guidelines and are issuing regulations about the animal testing. Moreover, growing preference towards using organic and plant-based personal care and beauty products is also helping to drive the growth of the global vegan cosmetics market.

Another important driving factor for the growth of the global vegan cosmetics market is the growing research and development activities to provide more efficient and reliable products. The R&D activities are driven by the evolving needs of the consumers and thus in the end are helping to drive the growth of the global market.

Vegan Cosmetics Market – Geographical Outlook

The global vegan cosmetics market has five important geographical regions that provide a better understanding of its overall working dynamics. These regions are Asia Pacific, North America, Middle East and Africa, Latin America, and Europe. Of these, currently the global vegan cosmetics market has been dominated by the North America region. The region is expected to continue to offer a significant contribution over the course of the given forecast period of 2019 to 2027. The growth of the regional market is mainly attributed to the growing trend of veganism among the considerable sections of the population.

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Teens and young adults in particular are more drawn towards these upcoming trends and are thus contributing in the development of the North America market for vegan cosmetics. Another important factor for the growth of the vegan cosmetics market in North America is due to the presence of several key product manufacturers in the region. This has eased the availability of wide range of products in the regional market and also encourage innovative and new products to cater to the evolving demands. Such factors are thus responsible for driving the growth of the North America market for vegan cosmetics.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Reefer Container Market By Growth, Demand & Opportunities & Forecast 2024

Reefer containers are refrigerated insulated containers used to ship temperature-controlled cargos such as fruits, fish, meat, vegetables, and dairy products.  They are also used to ship inedible products such as flowers, pharmaceuticals, and chemicals. Some products need to be transported in chilled, frozen, or temperature-controlled containers. Reefer containers help transit such products without the risk of decay or spoilage. Reefer containers can keep products frozen at a temperature of even minus 60°C. Optimal humidity conditions are also ensured inside reefer containers through de-humidification systems. This enables flowers to stay fresh and bananas and other fruits do not turn brown even after being in transit for miles and over several days inside the reefers.

Reefer containers can maintain and lower temperature in harsh and unsuitable conditions. These containers can help maintain temperature of 30°C for goods that need to be kept warm regardless of the temperature prevalent outside. However, reefer containers are not meant to lower the temperature of cargos, but maintain the pre-cooled cargo temperature. These containers are characterized by bottom air delivery units designed in a way that lets in chilled air through the floor of the reefer via a T-shaped decking. This, in turn, provides the advantage of producing consistent and uniform flow of cold air across the container, thereby ensuring suitable exchange of air in goods.

Innovative methods of shipment of cargos have replaced conventional methods. Conventional methods of transportation primarily include the transit of goods by roads, which takes long time. Goods may perish in such a method of transportation. Although navigation facilities are available, the absence of thermal insulated containers may damage edible and inedible products that need to be stored under controlled temperatures. Global cold chain has expanded significantly since the last few years due to the discovery of reefers, which help transit edible and inedible products easily in a stipulated duration without causing any damage. Increase in international trade and easy navigation facilities have also boosted the reefer container market. Of late, reefer containers have been replacing temporary warehouses, as the former lower packaging and labor costs. Low transportation costs, fast and easy transshipment of goods, and low terminal turnaround times are driving the reefer container market. Protection from theft and spoilage are also responsible for the increase in usage of reefer containers.

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Lack of availability of the appropriate reefer container is one of the major challenges facing the reefer container market since utilization of the latest cooling technology is vital. Transportation costs and freight charges have decreased substantially.

However, significant investment in terms of fixed capital expenditure is needed in arranging and maintaining reefer containers. This is another factor that hampers the reefer container market. Ports also need to be spacious in order to accommodate large containers; thus, occupancy becomes a challenge. Allowing trade of cargos in reefer containers also increases the incidences of illicit trade, as contents are unknown.

The reefer container market can be segmented based on the types of products transported and geography. Food products and non-food products that can be further segmented into liquid items, pharmaceuticals, and chemicals are the types of products or cargos transported in reefer containers.

Based on geography, the reefer container market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa, and Latin America. Of these, APAC and North America are the leading markets. Both these regions are technologically advanced and have some of the key manufacturers of reefer containers. These regions are also known to engage in extensive overseas trade across the globe.

Key players operating in the reefer container market are Daikin (Japan), Klinge Corporation (the U.S.), Singamas (China), Fortune Container Trading (HK) Limited (China), and Global Sea Containers Limited (the U.S.). These companies are leading in terms of manufacture of reefer containers. Major vendors operating in the market include Maersk Line (Denmark), MSC (Switzerland), and NYK Line (Japan).

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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System-On-Chip Market Key Drivers, Business Insights, Trends And Forecast 2026

According to a new market report pertaining to the system-on-chip market, published by Transparency Market Research, the global system-on-chip market is expected to reach US$ 206.79 Bn by 2026, expanding at a CAGR of 11.0% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region rising at a CAGR of 12.6% during the forecast period from 2018 to 2026. Smartphones application of system-on-chip is anticipated to significantly drive the global system-on-chip market across the globe.

Rise in Demand for Smart Devices

Increasing adoption of smartphones and PC/laptops due to the requirement of faster speed and all on a single chip, is witnessing noteworthy growth around the globe. The global system-on-chip market is showing significant growth due to its rising adoption in the consumer electronics and telecommunication industry.

The rising demand and adoption of advance technologies to obtain faster response and lower power consumption in compact devices are estimated to contribute to the growth of the system-on-chip market in the coming years. Key players in the market are continuously enhancing their research and development expertise to design advanced system-on-chip required in various applications such as smartphones, PC/laptops, networking devices, game consoles, digital cameras, and others. Also its usage in end use industries such as consumer electronics, telecommunication, healthcare, automotive, aerospace and defense, industrial and others, have influenced the growth of the system-on-chip market.

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System-on-chip Market: Scope of the Report

The global system-on-chip market is broadly segmented by type, application, and end-use industry. According to the research study, mixed type of signal segment held the maximum market share and is anticipated to show a CAGR of above 12.1% through 2026. In terms of revenue, mixed type of signal’s contribution is primarily due to its extensive usage in various smart devices and the segment is anticipated to remain dominant over the forecast period. Digital type of signals segment is expected to expand at a CAGR of about 10.9%, followed by analog signals. Others that includes radio frequency and near field communication is expected to expand at a lower rate compared to other segments over the forecast period. As per TMR analysis, application of system-on-chip’s in smartphones is anticipated to grab maximum market share in 2018 and a similar trend is expected to be seen over the forecast period.

Commercial usage of system-on-chips in consumer electronics, telecommunication, and healthcare, is forecasted to see dominant growth over other segments such as aerospace & defense, automotive, industrial and others for system-on-chips in the global market. The consumer electronics industry showed significant market share in 2017 due to the increasing application in end use industries, and a similar trend is anticipated to be seen over the forecast period. Usage of system-on-chips in medical devices is anticipated to witness highest CAGR growth in the healthcare industry. Other industries such as aerospace and defense, automotive, and pharmaceuticals and others are expected to show decent growth over the forecast period.

Asia Pacific (APAC) held the largest market revenue share for the system-on-chip market in 2017 and this region is anticipated to grow at a remarkable CAGR of 12.6% during the forecast period. Consumer electronics and the need for robust system-on-chip for fast response devices is anticipated to drive the system-on-chip market across APAC. Analyzing the Asia Pacific system-on-chip market at country level, in 2017, China held majority of revenue share of the Asia Pacific system-on-chip market followed by India. Also, in terms of revenue generation, India is anticipated to expand at a significant CAGR over the forecast period. Rising demand for smart devices by the growing population across the country is likely to create lucrative market opportunity for system-on-chips.

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Global System-on-chip Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global system-on-chip market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players in the system-on-chip market are Apple Inc., Broadcom Limited, Infineon Technologies, Intel Corporation, Qualcomm Inc., Samsung Electronics Co. Ltd., STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Co. Ltd., Toshiba Corporation, MediaTek Inc., Maxim Integrated Products, Inc., Microchip Technology Inc., Texas Instruments, and ON Semiconductor. Various business strategies are being adopted by the market leaders. Companies are focusing on expanding their business by developing strategic partnerships and by offering innovative solutions in the end-use market.

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Objective Lenses Market Insight, Present Scenario & Growth Prospect 2030

Transparency Market Research delivers key insights on the global objective lenses market. In terms of revenue, the global market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global objective lenses market.

Objective lenses are used in various applications such as cameras, microscopes, and telescopes for medical, industrial, and research use, to magnify the object to study, diagnose, or perform operations precisely. These lenses are largely used in microscopes to diagnose individual cells accurately. Highly skilled and trained medical professionals are required to operate microscopes and obtain clear images in the process of study and diagnosing. Thus, demand for objective lenses is projected to rise across the globe in the near future with the growing trend of making novel microscopes and cameras to perform operations precisely, quickly, and safely.

The global objective lenses market has been broadly segmented based on product type, application, and end use. Based on product type, the market has been divided into scanning objective lens (4x), low power objective lens (10x), high power objective lens (40x), and oil immersion objective lens (100x). Based on application, the market has been categorized into under cameras, microscopes, telescopes, and others. In terms of end use, the market has been segregated into medical use, industrial use, and research use. Among product type, the high power objective lens (40x) segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period. This is primarily attributable to significant use of high power objective lens (40x) in the healthcare industry.

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Objective Lenses Market: Dynamics

Traditional microscopes used in the laboratory environment are operated entirely manually. However, in recent years, the demand for automated microscopy has risen for multiple laboratory tasks. These automated microscopes are increasingly being used in various modern workplaces, as they are particularly useful in applications that require a high number of repeated observations over a long period of time with high precision and accuracy. For instance, in October 2017, Nanotronics raised US$ 30 Mn to accelerate the development of optical inspection technologies useful for MEMS, nano-medicine, DNA sequencing, and semiconductor fields. The adoption of automated microscopes in modern workplaces such as research laboratories is significantly high as a result of these factors, which is expected to drive the growth rate of the global objective lenses market during the forecast period.

Moreover, rise in demand for high power objective lenses has encouraged multiple manufacturers to engage in strategic partnerships to expand their product portfolio and speed up the sales of high quality industrial microscopy cameras to fulfil the needs of mid-range customers. For instance, in May 2019, Nikon Metrology NV and Pixelink announced a new strategic partnership to accelerate the sales of affordable industrial microscopy cameras, featuring USB 3.0 connectivity, latest high-resolution CMOS sensors, and rolling shutter technology, to offer high quality images.

Thus, increase in strategic partnerships between manufacturers is expected to boost the global market during the forecast period. Furthermore, with technological advancements, scientists have developed a specialized microscope that can non-invasively diagnose and treat skin cancer as well as perform precision surgery without making any incisions in the skin, thereby resulting in improvement in the performance of microscopes. Thus, several well-established manufacturers of objective lenses are undertaking technological advancements in their products to cater to changing needs of customers. Objective lenses are expected to witness high demand across the globe during the forecast period due to these factors.

Objective Lenses Market: Prominent Regions

According to regional analysis, North America is the dominant region of the global objective lenses market.  The growth of the market in the region can be attributed to the significant manufacturing ability of players operating in the North America market to produce objective lenses for healthcare and industrial use. The U.S. has proved to be the most diversified and dynamic market. A majority of high power objective lenses are used in microscopes to study and diagnose individual cells and viruses to cure patients, and also used in other research; this is anticipated to drive the objective lenses market in North America in the next few years. The U.S. held a major share of the North America objective lenses market, in terms of revenue, followed by Canada, in 2019. However, in terms of revenue, the market in Mexico is anticipated to expand at a substantial CAGR during the forecast period.

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Additionally, Asia Pacific is focusing on the adoption of objective lenses in order to strengthen its industrial and healthcare sectors. Japan is home to several well-established players that design and offer objective lenses. Thus, rising demand for objective lenses in healthcare and industrial sectors is anticipated to boost the objective lenses market in Asia Pacific during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The objective lenses market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Objective Lenses Market: Key Players

Key players operating in the global objective lenses market are Olympus Corporation, Kyocera Corporation, Leica Microsystems, Meiji Techno. Mitutoyo Corporation, Motic, Navitar, Newport Corporation, Nikon Corporation, Thorlabs Inc., and ZEISS International.

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Electronic Load Market Types, Regions and Application Research Report Forecast to 2027

Transparency Market Research delivers key insights on the global electronic load market. In terms of revenue, the global electronic load market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global electronic load market.

An electronic load is an electronic device designed to provide load to the output of a power supply, which is usually capable of dynamic loading and frequently programmable or computer controlled. Real loads are complex and they deviate from being purely resistive, inductive, or capacitive. An electronic load mimics a real load that a power source witnesses in the actual application. However, unlike the real load, which can be unpredictable and random in value, the electronic load provides an organized, contained, and a fully controllable load.

Electronic loads help designers test electronic power products and ensure quality, reliability, and performance. Electronic loads are available for both AC and DC supply testing. Most electronic loads have capabilities to emulate various modes including dynamic, constant-power, constant-voltage, constant-current, constant-resistance, power-factor, crest-factor, and short-circuit modes. Electronic loads can be programmed to dynamically change the mode to emulate changing load conditions. With these benefits and various applications of electronic loads in testing and measurement, the global electronic load market is expected to expand gradually during the forecast period.

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Electronic Load Market: Dynamics

Rising use of electronic loads in developed countries to construct buildings rapidly and at an affordable cost is expected to fuel the adoption of electronic loads during the forecast period. Electronic loads are used for power conversion testing in applications including automated test systems, LED drivers, power supply testing, battery testing, and fuel cell testing. Manufacturers are continuously designing new and technologically advanced electronic loads for the detection and testing of uninterruptible power supplies (UPSs), off-grid inverters, AC sources, and other power devices such as switches, circuit breakers, fuses, and connectors. With increasing usage of electronic loads in testing and measurement, the impact of this driver is currently moderate, but it is expected to increase throughout the forecast period.

Test and measurement instruments that were traditionally used for electronics power supply testing were based on the switching of resistive components. Resistors were commonly constructed from steel plates, nichrome wires, or metal films, depending on the power level. Switched resistor loads have the lowest cost per watt, but they exhibit the poorest performance in terms of dynamic response, programmability, and protection.

Hence, advanced electronic loads are being used to overcome issues related to performance and testing. Currently, RS-232 ports and USB ports are available for easy connections and detections for control. They can be configured for GPIB control as well. Moreover, they can be simulated under CC, CP, or CZ mode; user-defined waveforms; timing measurements; and numerous ranges per load. The current rise/fall slew rate can be adjusted individually and there is an external signal input for an arbitrary waveform to simulate the load current. This is expected to be a prominent factor propelling the global electronic load market during the forecast period.

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Electronic Load Market: Prominent Regions

Asia Pacific is the dominant region of the global electronic load market, followed by North America. Growth of the market in Asia Pacific can be attributed to high investments in electronic loads by manufacturers operating in the region and presence of battery manufacturers in the region. Some of the other factors such as advancements in consumer electronics and automotive sectors are driving the demand for electronic loads in North America. This is likely to boost the demand for electronic loads in the region between 2019 and 2027. The market in Europe is estimated to witness significant growth during the forecast period, owing to high demand for electric vehicles in the region. The electronic load market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

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Crawler Camera System Market Key Trends, Manufacturers In Globe, Benefits, Opportunities 2027

According to a new market research report published by Transparency Market Research the global crawler camera system market is expected to reach value of US$ 187.6 Mn by 2027, expanding at a CAGR of 3.6% from 2019 to 2027. According to the report, the market would continue to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, North America is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 3.8% from 2019 to 2027. The U.S. is anticipated to be a major contributor to the crawler camera system market in North America during the forecast period.

Rising Adoption of Crawler Systems in Pipeline Inspections Driving the Global Crawler Camera System Market

Crawler camera systems used in pipeline inspections employ a number of approaches to provide the desired information. These systems have the capacity to detect deposits, corrosion, and cracks in pipelines. In recent times, inspection by using crawler camera systems has become popular. In addition to this, these systems are portable in nature.

They are equipped with CCTV cameras and internal batteries, which provides ease of access to any remote location. Crawler camera systems do not require dedicated trucks or complicated systems for pipe inspection. Manufacturers of crawler camera systems worldwide are continuously investing in and adopting new, technology-based cameras and lighting systems in order to improve the efficiency of crawler camera systems. These systems are employed in different end-use applications such as municipal, residential, commercial, and industrial.

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The crawler camera system market has been recently gaining traction, due to increasing demand for remote-operated inspection systems across the world. Crawler camera systems are being widely adopted in manufacturing, industrial, petrochemical, and residential applications, as they offer efficient and rapid inspection of pipelines. This is likely to fuel the global crawler camera system market in the next few years. Manufacturers of crawler camera systems across the globe are increasing their investments in crawler camera systems in order to meet the increasing demand from various applications such as drain inspection, pipeline inspection, and tank, void, cavity or conduit inspection.

Global Crawler Camera System Market: Scope of Report

The global crawler camera system market has been broadly segmented in terms of component, application, end-use industry, and geography. Based on component, the market has been segmented into camera, crawler, cable & cable drum, control units, and others. In terms of revenue, the camera segment accounted for a major share of more than 34% in 2018. The segment is anticipated to expand at a CAGR of 4.0% during the forecast period. In order to fulfill the global demand, various manufacturers of crawler camera systems are focusing on research and development activities on a regular basis in order to invent advanced applications of crawler camera systems.

Based on application, the global crawler camera system market has been segregated into drain inspection, pipeline inspection, and tank, void, cavity or conduit inspection. In terms of revenue, the pipeline inspection segment held the maximum market share in 2018. In addition to this, in terms of both value and volume, the pipeline inspection segment is expected to expand at the maximum CAGR during the forecast period. Based on end-use industry, the market has been classified into residential, commercial, industrial, and municipal. In terms of revenue, the municipal segment accounted for a major market share of more than 40.0% in 2018 and it is anticipated to expand at a CAGR of 3.9% during the forecast period.

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As per TMR analysis, North America accounted for a leading i.e. more than 45% share of the global crawler camera system market, in terms of both revenue and volume, in 2018. The market in the region is primarily driven by increased investments in modernizing of infrastructure and rise in awareness about pipeline inspection in the region. The global crawler camera system market is expected to witness further modifications, innovations, and advancements in crawler camera systems in the near future, as several leading manufacturers are incorporating value-added components into their existing products.

Global Crawler Camera System Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global crawler camera system market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players operating in the global crawler camera system market are AM Industrial (UK) Ltd., CUES Inc., Deep Trekker Inc., Inuktun Services Ltd., iPEK International GmbH, Kummert GmbH, Mini-Cam Ltd., Rausch Electronics USA, LLC, Subsite Electronics, and INSPECTOR SYSTEMS Rainer Hitzel GmbH. Various business strategies are being adopted by leading market players. Companies are focusing on expanding their business by developing strategic partnerships and offering innovative solutions.

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Electronic-grade Polysilicon Market Latest Technologies Research And Future Scope 2027

 

• Electronic-grade polysilicon is a highly purified form of silicon, also known as polycrystalline silicon. Electronic-grade polysilicon has been the material of choice for use in mainstream semiconductor devices and circuits. Polysilicon has semiconductor properties and, hence, it is widely used in solar power and electronics industries
• Polysilicon can be produced by using three major commercial processes: the Siemens process, the FBR process, and the upgraded process of metallurgical grade. Polysilicon obtained from the Siemens process is in the form of rods, whereas polysilicon obtained from the FBR process is granular
• Polysilicon is generally of two grades: solar and electronic. Solar-grade polysilicon is used in the manufacture of photovoltaic cells, while electronic-grade polysilicon is employed in the manufacture of integrated circuits, power conversion devices, optics, and microelectromechanical systems (MEMSs).

Rise in Demand for use of Innovative Production Process

• Rapid and ongoing expansion of their polysilicon production capacity by market players is likely lead to oversupply of polysilicon for the next several years, thereby prompting manufacturers of electronic-grade polysilicon to further innovate their production processes and reduce operating costs.
• For polysilicon production, manufacturers utilize silane gas as a precursor. This leads to a closed-loop process that can result in reduced costs. Also, it significantly reduces the environmental impact. It also enables production of high-quality polysilicon.

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• Polysilicon plants that target the global electronic-grade polysilicon market use ultra-high purity hydrogen purifiers. It is helpful to remove typical impurities such as methane and nitrogen.
• Large gas plants produce primarily trichlorosilane (TCS) gas that are used in the production of semiconductor-grade polysilicon for both semiconductor and solar applications. This provides the manufacturer with flexibility to operate in the electronic-grade polysilicon market place. Hence, increase in use of innovative production process is expected to drive the growth of the market during forecast period.

Polysilicon Chip Segment to Offer Lucrative Opportunities

• Based on technology, the global electronic-grade polysilicon market can be segmented into polysilicon rod and polusilicon chip
• Polysilicon chip are majorly used in electronics, automotive and solar energy applications. Polysilicon chip technology is increasingly used by manufacturer to develop cost efficient polysilicon material
• Rise in demand for polysilicon chip technology is anticipated to show prominent growth during forecast period.

Asia Pacific to Lead Global Market

• In terms of region, the global electronic-grade polysilicon market can be split into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• The electronic-grade polysilicon market in Asia Pacific is dominated by China, in terms of production as well as consumption. The market in China is projected to witness relatively significant growth during the forecast period. This can be primarily attributed to the rise in government investments in the solar industry and significant growth of the electronics & semiconductor industry in China.

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• On the other hand, the electronic-grade polysilicon market in India is estimated to register a significant CAGR during the forecast period.
• However, detrimental impact of antidumping and countervailing duty on the market in North America is expected to slow down the market in the region during the forecast period. This market in Europe, Latin America and Middle East & Africa is estimated to show sluggish growth during the forecast period.

Key Players in Global Market

The global electronic-grade polysilicon market is highly fragmented in 2018. Prominent players operating in the global market are focusing on technological developments and expansions to meet the growing demand for electronic-grade polysilicon. Moreover, manufacturers are entering partnerships for the development of innovative products and gain higher profit margins.

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