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Showing posts from November, 2024

What Are The Market Drivers Of The Chemical Sector?

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  The growing polyester and automotive sectors are the main drivers of the robust expansion in the Indian glycol industry. Also, know about the Feasibility Study to Set Up an Ethylene Glycol Plant . India is now a key actor on the world stage thanks to its strategic exports to Europe, America, and Asia Pacific as well as its domestic output.  India is a global leader in the textile industry, and the country uses ethylene glycol to produce polyester, a key component of textiles. Glycol demand is rising in tandem with the growth of the domestic textile sector. Moreover, PET bottles—which are frequently used to hold drinking water—are also employed in the polyester production process. Thus, a higher volume of bottled water sales in India is correlated with a greater requirement for glycols. The beauty and personal care sector in India is projected to generate USD 31.51 billion in revenue by 2024. An important additional factor driving the need for glycol is the growing personal c...

Get The Insights Of Diagnostics Segment Of India

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  The health care industry in India is expanding quickly. The market has doubled in size to USD 467.5 billion in four years, with a compound annual growth rate of 14.5%, according to the Market Research and Feasibility Study for the Healthcare Sector . The increase in both governmental and private spending is the main cause of this expansion. For 2024–2025, the government will fund health care to the tune of USD 10.93 billion.  India is one of the fastest growing laboratory diagnostics markets in the world, with an estimated market value of USD18.5 billion. Despite having lower costs than other countries, the market is extremely competitive, with over 100,000 diagnostic labs offering 4,500 tests. With a 60% market share, pathology leads the industry, while radiology makes up the remaining 40%. Radiology encompasses CT, MRI, ultrasound, and X-ray scans; pathology includes specializations including microbiology, immunology, and biochemistry.  Labs have effectively created e...

Why It Is Important To Get Feasibility Study Be Conducted Before Investing In Indian Dental Colleges?

  The dental healthcare sector in India has been growing in a promising way. There will be about 350 dental hospitals and about 65,000 dental clinics in India by 2024. But the nation produces only around 25,000 doctors a year, and a lot of new dental colleges are opening up; for this reason, the project Feasibility Study To Start A College In India .  The dental education sector has expanded significantly in parallel with India's expanding dental care industry. Several other variables, such as those found in market research for the dentistry education sector, have further supported the growth:  (1) a growing number of senior citizens experiencing dental issues;  (2) a greater understanding of oral health (3) a growing inclination towards cosmetic surgery (4) Technological developments (5) Health and Dental Travel  Furthermore, higher dental education is crucial in meeting the surging demand for quality dental healthcare in India. It provides advanced knowledge b...

What Are The Key Growth Drivers Of Online Fitness In India?

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  During the epidemic, India's fitness industry also embraced technology, as evidenced by the rise in fitness and health applications. Growing digitization has also resulted in rise of fitness and lifestyle e-commerce players selling various sorts of protein supplements, pre-workouts, nutrition, weight-loss products, creatine, merchandizes, etc. Thus, there is a need for Market Research In Health And Fitness Industry . Not to mention nutrition bars, cleansing fluids, Ayurvedic medications, exercise equipment, etc. Indian gym patrons and fitness enthusiasts are drawn to hassle-free home delivery of supplements and other nutrition products, which has propelled the segment's rise.  Online purchasing for a range of supplements is now simple thanks to e-commerce sites. Even in tier II and tier III cities, smartphone adoption has surged and internet penetration has deepened, supporting online sales.  Social media's extensive reach among Indian customers makes it a potent develo...

Understanding ATV- All Terrain Vehicle And The Technology Used

A multipurpose, four-wheeled off-highway vehicle is called an all-terrain vehicle. ATVs are widely used for hunting and camping as well as for competitive sports like motocross racing. Even though there are many distinct ATVs with a variety of uses, the most have similar basic parts and functions.  What Are The Main Growth Drivers? One of the primary reasons is expanding middle class with rising disposable incomes. Higher purchasing power allows people to select more expensive leisure pursuits and higher-quality products. As economic growth in India has been stable over the previous decade, the market for ATVs and UTVs are also rising as per Market And Feasibility Study For Automobile Industry In India . All-terrain vehicles (ATVs) are multipurpose vehicles that can be used for both practical and leisure uses. They are stable and controllable on uneven terrain thanks to their strong suspension systems and powerful engines. These machines deliver thrill during an off-road ride while...

What Brings The Rise Of EV In India?

  The market research on automobile industry in India and specially for e-mobility industry in India is expanding quickly. Electric vehicles, or EVs, are becoming more and more popular in the nation due in large part to the need for clean transportation. Ten million electric vehicles are expected to be on the road by 2030. The first expansion is being driven by two-wheelers and three-wheelers, then by passenger automobiles and commercial vehicles. Additionally, because they are more cost-effective, electric vehicles are becoming more and more popular in the Indian market. In terms of price per kilometer, an EV costs about Rs 1-1.5 per kilometer, whereas a petrol or diesel vehicle costs Rs 7-8. By 2030, the government wants 80% of two-wheelers, 70% of commercial vehicles, 30% of private automobiles, and 40% of buses to be electric. Let’s Know The Reasons In Detail For The RISE OF EVS IN INDIA • The Industrial research on Automobile industry of the Indian electric vehicle (EV) marke...