Molybdenum Finds Demand with Rising Steel Consumption in Automotive

San Francisco, California, May 24, 2018 – The global molybdenum market is anticipated to create growth opportunities in heavy machinery, energy, aerospace and defense, oil and gas, and other industry verticals. Molybdenum could find application in the manufacture of oil and natural gas pipeline due to its role as an alloying agent. There could also be other applications such as LNG development and deep oil production helping molybdenum to increase its demand in the oil and gas industry. A report by TMR Research brings to light some of the critical factors foreseen to stimulate the demand in the market. It bears the title “Molybdenum Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

Of all important roles played by molybdenum in the oil and gas industry, refinery catalyst could become largely popular in the near future. Moreover, molybdenum could be used in the manufacture of stainless steels and engineering tools while functioning as an additional component. As a result of rising interest of several manufacturers, molybdenum finds extensive usage in steel applications, chiefly in industries such as automotive and construction. Owing to swelling demand for metal, these industries could put a positive influence on the global molybdenum market.

The U.S. witnessing expansion of the automotive industry is expected to cause a surge in the demand for molybdenum. However, steel consumption in Asia Pacific and resultant increase in the growth of the global molybdenum market could not be ignored. Economic development of India, China, and Taiwan is said to escalate their demand for high-strength steel in the coming years. Furthermore, consumption of steel and thereby molybdenum in Asia Pacific could see a rise due to high infrastructure development, increasing population, and aggressive urbanization.

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Ability to deal with market changes is prophesied to define the position of players in the global molybdenum market. Companies such as China Molybdenum and Codelco could be among tough competitors of the market.

Rising Adoption of Mobile Payment Drives Online Payment Gateway Market

San Francisco, California, May 24, 2018: According to a recent market research report by TMR Research, the global market for online payment gateway will benefit massively from the rising numbers of small- and medium-sized enterprises across emerging economies. The report is titled “Online Payment Gateway Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

The increased popularity of mobile payments across the globe is also a key factor favoring the expansion of the global online payment gateway market. Over the next few years, the number of online shoppers is likely to massively rise, a significant share of which will be accounted for by the segment of mobile payments.

The report segments the global online payment gateway market based on categories such as interaction mode, organization size, and geography. Based on the size of organization, the market has been segmented into large enterprises, mid-sized enterprises, and small and micro enterprises. Based on the mode of interaction, the market has been segmented into pro/self-hosted payment gateways, local bank integrates, API/non-hosted payment gateways, platform-based payment gateway solutions, hosted payment gateways, and direct payment gateway.

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Geographically, India, China, and Japan have emerged as the most promising domestic markets for online payment gateway in the Asia Pacific region in the past few years. The market in North America is mostly driven by Canada and the U.S. Over the next few years, the Asia Pacific market is expected to expand at a promising pace owing to the thriving e-commerce industry and increased preference of the overall population in the region to mobile payments.

Some of the leading companies operating in the highly competitive and fragmented competitive landscape of the global online payment gateway market are AsiaPay/PayDollar, Amazon Payments, 99bill, eWAY AU, MyGate, CCBill, Pagosonline, MercadoPago, Beanstream, PayPal, e-Path, Realex, NAB Transact, WebCash, ServiRed, Cardstream, CashU, PesoPay, and Wirecard.

Online Payment Gateway Market at a Rapid Pace over 2024

Global Online Payment Gateway Market: Overview

Currently, the global market for online payment gateway is in a nascent stage; however, it is expected to undergo a phase of positive transformation over the next couple of years. The ongoing technological advancements in online payment gateway and the increasing interest of consumers across the world in cashless payments are expected to boost this market substantially in the near future.

This comprehensive research report on the global market for supercritical boilers offers a thorough evaluation of this market, emphasizing specifically on its historical and current performance. The growth potential of this market has also been examined at length in this research study to determine its future status.

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Global Online Payment Gateway Market: Key Trends

The global market for online payment is gaining considerably from the continuing expansion of small enterprises in emerging economies, looking to offer their customers with online services. The rising popularity of the M-commerce is another important factor that is boosting the growth of the worldwide market for online payment gateway. Over the coming years, the number of online shoppers is likely to rise remarkably, which is expected to support the growth of this market in the near future.

Global Online Payment Gateway Market: Segmentation

The global market for online payment gateway is basically analyzed on the basis of the organization size and the interaction mode. Depending on the organization size, large enterprise, mid-sized enterprise, and micro and small enterprise are the main segments of the global market. Based on the interaction mode, the market is divided into local bank integrates, pro/self-hosted payment gateways, platform based payment gateway solutions, API/non-hosted payment gateways, hosted payment gateways, and direct payment gateway.

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Global Online Payment Gateway Market: Regional Outlook

The global market for online payment gateway reports its presence across Europe, North America, Asia Pacific (APAC), and the Rest of the World (RoW). China, India, and Japan have surfaced as the leading domestic market for online payment gateway in Asia Pacific. The North America market for online payment gateway is led by the U.S. and Canada. Russia, Germany, France, Spain, the U.K., and Italy are the key local markets in Europe. The Middle East and Africa market is categorized into the U.A.E, South Africa, and Saudi Arabia.

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Global Online Payment Gateway Market: Competitive Analysis

The global latex medical disposable market is fragmented and competitive in nature with a large pool of players. Amazon Payments, AsiaPay/PayDollar, CCBill, MercadoPago, NAB Transact, eWAY AU, e-Path, Sage Pay, Cardstream, Payson, ServiRed, Certitrade, WebCash, 99bill, MyGate, Pagosonline, PesoPay, WebMoney, CashU, Klarna, Realex, Stripe, Beanstream, PayPal, Wirecard, and Worldpay are some of the leading players in this market.