Janna Shar

The global green methanol market size reached USD 3.71 Billion in 2021 and is expected to register a revenue CAGR of 6.0% during the forecast period. The key factor driving green methanol market revenue growth is rapid adoption of Methanol-to-olefins (MTO) technology for green methanol production. Green methanol can now be produced using advanced procedures, and it serves as an important raw material in the production of industrial chemicals, including formaldehyde, Methyl-tert-butyl-ether (MTBE), dimethyl terephthalate, acetic acid, methyl methacrylate, and olefins. Rapidly increasing demand for a wide range of methanol compounds, notably olefins produced through the MTO technology, is expected to drive market revenue growth. Olefins are widely used in the production of synthetic plastic, synthetic rubber, textile colors, and pharmaceuticals. The MTO technology has improved polymer production process by employing alternatives, including coal and natural gas. Moreover, ... Continue reading →

The global fitness tracker market size was USD 41.60 Billion in 2021 and is expected to register a revenue CAGR of 18.4% over the forecast period. Rising health awareness among consumers along with rise in disposable income, and increasing prevalence of chronic diseases are some key factors expected to drive revenue growth of the market during the forecast period. The COVID-19 pandemic has led to a rise in health awareness among consumers along with rise in the cost of healthcare, and this resulted in deployment of various initiatives to prevent chronic diseases. According to a survey of over 5,000 adults conducted by Public Health England, 80% of people aged over 18 have decided to change their lifestyle in 2021. Around 39% of adults between the age of 40 to 60 years had decided to lose weight and 41% of adults decided to exercise more often.  In addition, the growing influence of fitness influencers on social media platforms like Instagram and YouTube has further ... Continue reading →