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How to Improve Sleep with the Best Body Pillow for Side Sleepers #bodypillow #bodypillowforsidesleepers
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The Fastest Way to Sell Sephora Gift Cards for Naira, Cedis, and Crypto
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The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026.

The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website.

Information Source

https://www.fortunebusinessins....ights.com/industry-r

Drivers –

Rising Focus on Enhancing the Operability of Ship Engines will Drive Market

The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus.

Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.”

Regional Analysis –

Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market

Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period.

On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future.

Competitive Landscape –

Companies Engage in Contracts and Agreements to Stay Ahead of Competition

An estimate of 85% and more of marine lubricants worldwide are sold through supply agreements and contracts instead of being sold at stock price rates. Therefore, to strengthen their network across different ports for worldwide supply, manufacturers are emphasizing on entering into long-term contracts and agreements with shipping companies. For instance, a framework agreement was signed between CCCC Dredging (Group) Co. Ltd. and Shell for supplying marine lubricants and technical services via 700 ports and more in 61 nations across the globe.

Notable Marine Lube Market Manufacturers:

BP p.l.c.
SINOPEC
Repsol S.A.
The PJSC Lukoil Oil Company
Eni oil Products
Exxon Mobil Corporation
Croda International Plc
AvinOil S.A.
Total SA
CEPSA
Royal Dutch Shell Plc
Gazprom Neft PJSC
Chevron Corporation
Others

The global flooring industry size was $342.88 billion in 2020. The market is projected to grow from $359.20 billion in 2021 to $517.74 billion by 2028 at a CAGR of 5.4% during the 2021-2028 period.

This information is presented by Fortune Business Insights™, in its report, titled, “Flooring Market, 2021-2028.”

According to our expert analysts, surging novel construction projects is likely to offer growth prospects for the market growth. Furthermore, the products utilized for flooring application, offer characteristics such as protection against scratches, indents, dampness, as well as can be effortlessly cleaned, which further contribute to the bulging demand.


Report Coverage

We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes on delivering precise material. Our scholars have applied a data triangulation method which further assists us to offer trustworthy estimations and test the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

Drivers and Restraints

Surging Demand for Vinyl Flooring in Construction Projects to Fuel Market Growth

Vinyl is used as a versatile component in tiling applications, where, luxury vinyl tile is used majorly. It is resilient to mold, dampness, and fungus, which makes it an appropriate flooring option for utilization where wetness and infrequent spills are the prime concerns.

Regional Insights

Asia Pacific was worth USD 180.38 billion in 2020. Asia Pacific is the biggest and speediest-surging region and held the maximum flooring market share owing to large scale financing scheduled by governments of India, China, and Southeast Asia on infrastructure expansion.

Europe is likely to be administered by the utilization of ceramics and vinyl in non-residential structures.

The Flooring Market in the Middle East & Africa is in the growth phase of its life cycle, owing to growing demand for floor casings from numerous large-sized construction developments, and therefore, is expected to gain substantial market share during the forecast period.


https://www.fortunebusinessins....ights.com/flooring-m

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Importance of Robotic Process Automation for Pharma Industry

In contemporary industries, process automation has become the new standard. It can both lessen the possibility of human mistakes and make it easier to do repetitive activities. Such a process automation service is robotic process automation (RPA) or Robotics Pharmaceutical Automation. You can gather complete information about the importance of robotic process automation by reading this blog post: https://payhip.com/ALSLogistic....Solutions/blog/als-l

Automotive DC-DC Converter Market To Undertake Strapping Growth By The End 2033 | FMI
According to Future Market Insights' most recent market estimate, the automotive DC-DC converter market size is worth US$ 782.4 million in 2023, growing at a CAGR of 33.4% From 2023 to 2033.

Key Takeaways

The automotive DC-DC converter market is likely to have a CAGR of 33.4% during the forecast period.
Historically, the automotive DC-DC converter market had a CAGR of 22.8% between 2018-2022.
The value of the automotive DC-DC converter market is expected to be US$ 13,962.9 million by 2033.
Based on propulsion type, the PHEV segment has a 64.1% share in the automotive DC-DC converter
The US dominates the automotive DC-DC converter market with a share of 12.9% by 2033.
During the forecast period, the automotive DC-DC converter market in China is likely to showcase a CAGR of 26%.
Competitive Landscape

Automotive DC-DC converter vendors who rely heavily on established markets for their sales must successfully reinvent their product lines in order to ensure low environmental impact and well-designed digital features.

Some of the major key players in the market are Robert Bosch GmbH, Denso Corporation, Toyota Industries Corporation, Delta Electronics, Continental AG, Tesla, Hella GmbH & Co. KGaA, Hyundai, Honda, BorgWarner Inc, Ford, and Vicor Corporation.

Request a Sample of this Report: https://www.futuremarketinsigh....ts.com/reports/sampl

The automotive DC-DC converter market is anticipated to soar to new heights as a result of rising fuel prices and the growing trend toward electric automobiles. These vehicles are popular on the market since they help cut down on vehicle emissions.

The demand for high-performance, low-emission vehicles is rising, and government regulations on vehicle emissions are becoming more stringent. These factors are some of the factors driving the sales of automotive DC-DC converter.

Automotive DC-DC converter manufacturers have been forced to expand their selection of products as a result of the increase in sales of commercial vehicles. For instance, Ford created a pickup truck that is all electric and is predicted to have a 300-mile operating range.

Ford had initially planned to develop a hybrid powertrain, but the company has now changed its mind and now prefers a fully electric truck. The F-150 electrified went on sale in 2022. The expansion of the automotive DC-DC converter market is attributed to the growing electrification of the automotive industry across all geographies and countries.

Sales of electric vehicles surged significantly during the pandemic, despite the fact that the automobile industry faced major difficulties during that time. Due to the technologically superior, environmentally friendly components that are included in electric vehicles, their initial cost is more than that of gasoline-powered engines, but their ongoing costs are cheaper.

Moreover, the Asia-Pacific region is predicted to have a significant share of the market throughout the forecast period due to expanding vehicle production and the growing focus that major governments are putting to the electrification of vehicles.

For more information: https://www.futuremarketinsigh....ts.com/reports/autom
Recent Developments in the Market

In May 2021, TDK Corporation (TDK) declared a partnership with Contemporary Amperex Technology Co, Limited (CATL) to broaden its product lines, which now include DC-DC converters and electrical parts for electric vehicles. CATL purchases products from TDK in the automotive electrical and power supply categories for use in automotive power units.
With the introduction of a new DC/DC converter by Vitesco Technologies in February 2021, high-voltage vehicles can now also provide energy to the heating discs of the electrically heated EMICAT catalyst.
The unique e-catalyst offers the lowest emissions during actual operation, which is increasingly important in light of upcoming requirements like Euro 7.
Now, a newly developed DC/DC converter transforms the high voltage of the drive system into low voltage and power for the heating disc.