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PC-Based Resting Electrocardiograph Market Opportunities, Key Growth Factors and Forecast till 2027
With changing lifestyles, heart problems are rapidly increasing, thus calling in a need for quality treatment using sophisticated techniques such as PC-based resting electrocardiograph machines

BriefingWire.com, 8/10/2018 - The primary driver for the oleochemicals market is the food industry. Advancement in processed foods, marketing strategies of companies, and consumer awareness in emerging economies is driving the food industry globally and therefore, the increase in demand for biodegradable products is anticipated to influence the growth of oleochemicals market throughout the forecast period. Rising demand for oleochemicals from natural raw materials is another factor driving the oleochemicals market. Biodegradability of products has become a quite popular trend these days owing to the stringent regulations focused towards maintaining product quality and health risk which promotes the use of natural raw material derived products such as oleochemicals. This, in turn, drives the global oleochemicals market throughout the forecast period.

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In addition to this, the decreasing dependency on petrochemical feedstock and the expanding applications of oleochemicals in replacing petroleum-based products is projected to create opportunity paths for the oleochemicals market. Opportunities for the oleochemicals market lies within its growing use in cosmetics and personal care products, pharmaceuticals, soaps & detergents, food & beverages, polymers among others.

The competition of oleochemicals from other substitutes might be a major threat to the oleochemicals market. Biodiesel products have been showing consistent growth which might create substantial demand for oleochemicals, in turn, decreasing the market growth of oleochemicals. Environmental concerns related to plantations and land availability are other factors hampering the growth of oleochemicals. In addition, the increasing demand for bio-diesel may cause a hike in biodiesel prices and is anticipated to directly affect the overall economics of oleochemicals based products, which might act as a restraining factor for the oleochemicals market.

 
 
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