MarkNtel Advisors - Market Research

The antiscalants are used in feed water to prevent the formation of scales as chemical delays the reaction time between the bicarbonate and calcium magnesium. The Middle East region is responsible for generating more than 40% of the global crude oil every year, which involves purification of water. Therefore, it is one of the major factors contributing to the surging demand for antiscalant in the region. Moreover, the expanding end-user industries in the countries coupled with the availability of less groundwater is boosting the demand for desalination plants. Hence, the establishment of new desalination plants in the countries such as Saudi Arabia, UAE, Qatar, etc., is anticipated to strongly contribute to the growth of Middle East antiscalant market in the forthcoming period. UAE captured a significant market share in the Middle East antiscalant market in 2019, which is attributed to the rising consumption in the end-user industries and growing initiatives by the government...

Emergency lighting is majorly adopted to reduce the potential injury in case of the emergency situation such as natural disaster, fire as it automatically switches on when there is no source of power supply. The global emergency lighting market is mushrooming at a CAGR of 7% during 2020-25. The dwindling LED prices, technological advancement in the lighting industry along with accelerating construction activity and installation of emergency lighting with the esthetic ones is infusing a potential opportunity towards the market growth of emergency lighting globally in the forthcoming years. Moreover, the propelling demand for energy-efficient lighting systems across the commercial, residential, and industrial sectors along with the strict fire and safety regulations by governments across the world is fueling a healthy growth towards the market. For instance, Occupational Safety and Health Administration (OSHA) Code of Federal Regulations, NFPA 70 - National Electric Code, NFP...

The 3D printing technology is helping the OEMs in transforming product models as it is being utilized to produce product prototype and functional components. The gradual growth in the Asia Pacific industrial 3D printing market is attributed to the rising investments of the governments of developing countries, operational benefits of 3D printing and surging adoption of the manufacturing-as-a-service business model by the companies. The increasing initiatives by the governments in the region for the promotion of additive manufacturing is anticipated to positively impact the growth of Asia Pacific industrial 3D printing market in the years to come. For instance: In 2018, about 3000 new schools were selected in India for the establishment of Atal Tinkering Labs (ATLs) under the NITI Ayog’s Atal Innovation Mission (AIM). The automotive segment grabbed a significant market share in the Asia Pacific industrial 3D printing market in 2019. One of the major aims of the automot...

The global anti-money laundering market is anticipated to promulgate at a CAGR of 18.22% during 2020-25. The rising digital payment mode adoptions, increasing volume of global traction and along with snowballing instances of money laundering and terrorist financing among BFSI sectors, and surging IT infrastructure in the banks etc. are some of the major factors stimulating the growth of the anti-laundering market in the coming years. Moreover, galvanizing stringent compliance requirements and burgeoning demand for AML solutions are also projected to boost the market in the near future. For instance, the EU’s 5th Anti-Money Laundering Directive (AMLD 5), with effect on June 2018, modifies the 4th Anti-Money Laundering Directive (AMLD 4) that was proposed in 2016 to counterterrorism funding through money laundering. AMLD 5 aims to establish a centralized and public register of companies and their ultimate beneficial owner. North America held the substantial market share in t...

UAE is emerging as one of the most dynamic markets for facility management in the Middle East region as the country is considered to be the regional financial hub. The burgeoning tourism sector and expansion of the hospitality sector are boosting the demand for facility management services in the country. In addition, the growth in the construction market is providing a number of opportunities to the facility management service providers in the UAE. According to the Mark Ntel Advisors ’ research report, “ UAE Facility Management Market Analysis, 2020 ” , the facility management market is projected to register a CAGR of around 8% during 2020-25. The hard facility management services grabbed a major market share in the UAE facility management market in 2019. The expansion of real estate and increasing construction of buildings, retail malls, industrial hubs, and corporate centers have positively contributed to boosting the demand for hard facility management services such as HVAC...

The Middle East and Africa Specialty Chemicals market is expected to witness the lucrative growth in the upcoming years, on account of the fast pace construction activities in the region, presence of a significant volume of oil production facilities etc., According to   MarkNtel Advisors ’  market research report  “ MiddleEast Speciality Chemicals Market Analysis, 2020 ”,  the   market size for Middle East Speciality Chemicals Markets across the globe   is set to surge at a CAGR of around 5% during 2020-25. The agriculture and the oiling sector comprises of the two major industries in the region. The development in the agricultural facilities and the technological upgradations in the chemical industry have been proliferating the adoption of advanced chemicals such as bio-herbicides, pesticides, and other agrochemicals.  Furthermore, countries such as Saudi Arabia, UAE, Qatar, Kuwait, and Iran are among the world’s largest oil producers and distr...