marketreports

  The global Mobile Money Market size is estimated to surpass   $17.7 billion mark by 2026   growing at a projected   CAGR of more than 24.9%   during the forecast period 2021 to 2026. Increased use of technology in financial transaction and rise in various   e-commerce   platforms are expected to accelerate the   mobile payment   market during the period. In 2019,  according to report given by Government of India, India has over 16 mobile wallet or e-wallet companies out of which 14 are Indian based mobile wallet companies. Online payments in India are witnessing thriving growth with a compound annual growth rate of 12.7% in the number of non-cash transactions. Similarly, China mobile wallets are growing at rate of 22% with the total transaction volume of $41.1 trillion in 2019. Increasing adoption of non-cash transaction in mobile banking will likely create the demand for Mobile payment industry. Request Sample Mobile Money Market...

  Asia’s ethylene glycol market was estimated to be 16.38 MMT in terms of demand in 2017 and is expected to grow at a CAGR of 4.5% during 2018 – 2023. China accounts the major share in ethylene glycol market when compared with other countries. Among the various types of ethylene glycol, monoethylene glycol was estimated to be 14.83 MMT in 2017 and is projected to rise with a CAGR of 4.7% during 2018 – 2023.The ethylene glycol market in Asia is rising due to increasing demand for PET resins and polyester fibers in packaging and textile industries.   Request Sample What is ethylene glycol? Ethylene glycol is an odorless, colorless, viscous alcohol-based liquid. It is widely used as a raw material in the manufacture of polyester fibers and for antifreeze formulations. The three ethylene glycols are monoethylene glycol, diethylene glycol and triethylene glycol. These glycols have similar chemical properties but different physical properties and hence vary in applications. Properti...

  Plant Extract Market size in 2020 is estimated to be $14.162 billion,   growing at a CAGR of 6.3%   during the forecast period 2021-2026. Plant extracts is a substance that is extracted from plant and herbs. It has medicinal properties and is also a source of active compounds such as alkaloids, steroids,   tannins , glycosides, volatile oils, phenols, and   flavonoids . These active compounds are found in various part of the plants such as leaves, flowers, bark, seeds, fruits, and roots. Plant extracts are used in various industries such as food and beverage, cosmetic, pharmaceutical and others. Increasing demand of plant extracts in food and beverage as well as in cosmetics industries are the major factors driving the growth of the market. Moreover, growing consumption of convenience food coupled with increasing health consciousness among the people further enhance the overall market demand for Plant Extract during the forecast period 2021-2026. Request Sampl...

  Footwear materials   are basically used in the manufacturing of footwear. Leather has been prime footwear material but the focus has been shifted to other materials like plastics, rubber and more in recent years. The key factors for the increase in demand for   footwear   which has resulted in rise footwear materials is due to increase in disposable income in major countries especially in lower and middle income classes. Adoption of westernization and increase in health awareness that increased demand for athletic footwear also attributed for the rise in demand. The footwear manufacturers must comply with the standards insisted by governing bodies so that potential risks to consumer can be minimized. Some of the standards for footwear manufacturers are Consumer Product Safety Improvement Act (CPSIA), Guobiao standards, International standards organization (ISO) and others. Request Sample Footwear materials market has been segmented into different segments such as b...