Humidity Indicator Cards (HIC) Market Revenue and Value Chain 2018 to 2028Posted by ankush Nikam on August 23rd, 2019 Humidity Indicator Cards Market – Overview Humidity indicator cards contain a moisture sensitive chemical, usually cobalt dioxide, which changes their color from blue to pink for indicating the humidity levels. In the recent past, there has been a substantial rise in the adoption of humidity indicators in industries such as food, electronics, military, household, aerospace, pharmaceuticals, and diagnostic & optical component packaging, on account of their excellent competency to quantify the moisture levels. Humidity Indicating Cards (HIC) Market: Key Players & Notable Developments Some of the key players operating in the global humidity indicator cards (HIC) market are categorized in three tiers (revenue wise) as
Request Free Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=634 With the rising competition in the humidity indicator cards market, innovative products have been introduced by the players to stay at the top of the survival game. The key strategies employed by these significant players in the humidity indicator cards market is to diversify their portfolio and improve the quality of their offerings.
Humidity Indicator Cards Market – Dynamics European Regulations Against the Use of Cobalt Dichloride to Limit the Growth of Humidity Indicator Cards Market Challenges pertaining to the storage of these cards, in order to retain their efficiency is anticipated to impede the growth of the humidity indicator cards market. Additionally, growing environmental concerns, on account of cobalt chloride’s toxicity, have been addressed by European government by legislating mandates against the use of this chemical. This is expected to challenge the growth of the humidity indicator cards market in the forthcoming years. However, the players operating in the humidity indicator cards market have been endeavoring towards identifying alternatives of cobalt dichloride that have the equivalent moisture indication properties as that of current humidity indicator cards, which in the future could pave the growth of the humidity indicator cards market. Humidity Indicator Cards (HIC) Market: Segmentation The global market for humidity indicator cards (HIC) is segmented on the basis of level of indication and on the basis of end-use industry. On the basis of level of humidity, the humidity indicator cards (HIC) market is segmented as:
On the basis of end-use industry, the humidity indicator cards (HIC) market is segmented as:
Food Industry to Hold a Sizeable Share of the Humidity Indicator Cards Market Adoption of humidity indicator cards can be highly attributed to the applications of controlling the growth of molds that release allergens, mycotoxins, and respiratory irritants and cause health hazards. As a result, it becomes crucial to detect the level of humidity in the packaging materials. In addition, these indicating cards are light in weight, inexpensive, and licensed, which makes them more preferable for the accurate indication of moisture in the food and packaging industry. This is envisaged to considerably influence the growth of the humidity indicator cards market in the upcoming years. Many small and regional players are expected to contribute to the global humidity indicator cards (HIC) market. This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Regional Segments Analyzed Include
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report. Highlights from the Report
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