Bottle Blowing Machine Market Size, Share, Growth, Trends and Forecast To 2025

According to the latest market report published by Transparency Market Research titled “Bottle blowing machine Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” food and beverages end-use segment is expected to be the largest revenue contributor to the global bottle blowing machine market during the forecast period, 2017-2025. Global revenue generated from sales of bottle blowing machine in 2016 was nearly US$ 1.90 Bn, which is projected to increase at a CAGR of 3.0 % during the assessment period.

Strict regulatory norms and expensive price continue to restrain market growth

Growing consumer preference for bottled water will foster the need for blowing machine market. However, global bottle blowing machine market may encounter with a major challenge limiting its growth in near future, attributed to stringent government regulations in different countries.  Regulatory norms will reportedly pose a restriction for the market’s growth through to 2025. Huge, uncontrollable waste produced due to plastic on a global level is forcing governments to restrict the production and sale of bottles. Moreover, bottle blowing machines are best suited for manufacturers with high output, whereas prices of bottle blowing machines seem to be unaffordable for small and regional manufacturers. This factor will significantly limit market growth by 2025 end. In some cases, the manufacturing output volume is relatively lesser and the machine is used only for a short duration, resulting in high idle time of the machine. This factor greatly reduces the productivity of the manufacturing firm.

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Manufacturers shifting from semi-automatic to automatic blowing machine

The global bottle blowing machine manufacturers are now focusing on incorporating new technologies in the machine. They are replacing semi-automatic bottle blowing machines with automatic bottle blowing machine that have enhanced features, which further eliminates the possibility of errors caused due to machine inaccuracy. Machinery manufacturers are moving forward and offering features such as remote services, machine simulation, and data acquisition.

Segmental insights: Technology type and end-use industry

The global bottle blowing machine market is fragmented based on technologies used for the production of bottles. The technologies involved in bottle blowing machineries are extrusion blowing machine, injection blowing machine and stretch injection blowing machine. Injection blowing machine is widely used in developed countries because of its rugged and simple structure of technology, and stretch injection blowing technology is mostly used for production of PET bottles. On the basis of end-use industry, the global bottle blowing machine market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, household, and others. Food & beverages industry is estimated to constitute the largest share of the global market revenue, as the demand for bottled water is increasing rapidly within this domain. This factor will continue to accelerate the demand for blowing machines.

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North America dominates globally

Among market segments based on the geographical segmentation, the North American market recorded to capture 26.2% value share of the global market revenue in 2017. North America will remain the key market in global bottle blowing machine market. The manufacturers of blowing machine focus on the expansion of their business in different geographies. Most of them are increasingly investing in emerging markets such as China and India, which may uplift the demand for bottle blowing machines in near future.

Some of the players operating in the global bottle blowing machine market include Krones AG, Sacmi Imola S.C, Nissei ASB Machine Co., Ltd., Chumpower Machinery Corp, Aoki Technical Laboratory, Inc., KHS GmbH, Sidel, Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A., Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. etc.

Bottle blowing machine market segmentation is below –

By Technology Type

  • Extrusion Blowing Machine
  • Injection Blowing Machine
  • Injection Stretch Blowing Machine

By Machine Type

  • Automatic Machine
  • Semi-automatic Machine

By Material Type

  • Polyethylene (PE),
  • Polyethylene terephthalate (PET),
  • Polyvinyl chloride (PVC)
  • Others

By End Use Industry

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetic & Personal Care
  • Consumer Goods
  • Others

Digital Printing Films Market Size, Share, Growth, Trends, and Forecast 2018 – 2026

Global Digital Printing Films Market: Overview

The digital printing films are multipurpose printing medium that offers information or brand display and improved shelf appeal. The Popularity of digital printing films is increased in the packaging and non-packaging applications. The digital printing films are manufactured by the plastic material which having high barrier properties and resistant to water and punctures. The digital printing films are used to apply on banners, cartons, glass, wall, labels, cards and various other formats. The digital printing films are manufactured by considering the printing processes and need of high heat sensibility. The digital printing films are used in the various application in the packaging industry such as bags, pouches, sachets, and cartons. The automotive and architecture industry mostly prefers cast vinyl digital printing films due to its longtime durability and high barrier properties.

Global Digital Printing Films Market: Dynamics

The use of digital printing films by packaging industry is increased due to its high offerings such as securement to products and aesthetic look. The advertising industry increases the digital printing films acceptance due to its application in banners. The UV offset printing is trending in the industrial applications due to its impressive board lamination and decorative printing. Owing to these factors, the key manufacturers of digital printing films are engaging in the production of direct UV offset printable films. The advancement in the digital printing machines over the screen printing is helping to grow the demand of digital printing films market.

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In 2018, Kodak and Uteco Group introduced the new Sapphire EVO digital printing press and water based inks with a vision to escalating their label and flexible packaging opportunities. In 2017, Cosmo Films, a producer of specialty BOPP films, introduced BOPP based printable synthetic paper which is printable with all printing technologies such as UV offset, screen or letter, thermal transfer, and digital toner.

Global Digital Printing Films Market: Segmentation

Then global digital printing films market is segmented on the basis of thickness, material, films type, printing type, and end-user industry.

On the basis of thickness, the global digital printing films market is segmented into:

  • Below five mils
  • 5 – 10 mils
  • 10 – 15 mils
  • Above 15 mils

On the basis of material, the global digital printing films market is segmented into:

  • Polyester
  • PVC / Cast Vinyl PSA
  • Polystyrene
  • Polypropylene
  • Polyethylene
  • Polyamide
  • Others

On the basis of films type, the global digital printing films market is segmented into:

  • Clear
  • Matte
    • One-sided
    • Two-sided

On the basis of printing type, the global digital printing films market is segmented into:

  • Laser Printable films
  • Inkjet printable films
    • UV Inkjet
    • Solvent & Eco-Solvent Inkjet

On the basis of end-user industry, the global digital printing films market is segmented into:

  • Packaging
  • Non-packaging
    • Advertising
    • Automotive
    • Food & Beverages
    • Publication
    • Building & Construction
    • Electronics & Electrical
    • Others

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Global Digital Printing Films Market: Geographical Outlook

According to the association for printing technologies, the global printing market was valued at US$ 389 Bn in 2017 and expected to grow at CAGR of 2.7% during 2017-2020. Indian print packaging market is projected to grow at the highest CAGR of more than 8% among all countries. In 2018, Asia Pacific region is estimated as the largest print packaging market followed by North America and Western Europe, as analyzed by association for printing technologies. Asia-Pacific is the major regional market for print packaging, accounting for over 42% of market value in this study, and will be the second fastest-growing region, expanding 6.7% in 2016-20. The printing market growth is expected to help to grow the demand for digital printing films.

Global Digital Printing Films Market: Key Players

Some of the key players operating in the global digital printing films market are as follows:

  • Tekra, A Division Of Eis, Inc.
  • Cosmo Films U.S.
  • Grafix Plastics
  • Integrated Packaging Films Inc.
  • Infiana USA, Inc
  • Coveme Spa
  • Emco Industrial Plastics, Inc.
  • Peiyu Plastics Corporation
  • Pvc Tech Corp.
  • Orafol Europe Gmbh
  • Klöckner Pentaplast

Thermoforming Machines Market Size, Share, Growth, Trends, and Forecast 2027

Global Thermoforming Machines Market – Overview

Thermoforming is the process of producing plastic products wherein the thermoplastic sheet of particular sized is clamped in place, heated to softening temperature and forced against the mold with the help of air or vacuum pressure or mechanical means. Thermoform packaging is one of the important packaging solutions for pharmaceutical manufacturers. Drug manufacturers are inclined to use thermoform packaging to promote as well as increase the shelf life of the product. The above factor has fueled the growth of the global thermoforming machines market. Thermoforming machines are used for variety of applications such as packaging, automotive parts, trays, agricultural machinery parts, pallets, building products and signs. The thermoforming machine can convert thick sheet applications to composite sheets which results in thinner walled parts and therefore are ideal for weight-sensitive applications. With the increase in the consumption of seafood, meat & poultry among the consumers is expected to increase in the sales of thermoforming machines globally. Moreover, the presentation of the product has to be unique which is co-related with the brand differentiation that in turn escalates the sales of thermoformed packaging in the near future. Thermoforming machines are used in various end-use industry which includes food, beverage, pharmaceuticals and automobile. Overall the global viewpoint for the thermoforming machine market is anticipated to remain positive during the forecast period.

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Global Thermoforming Machines Market – Dynamics

Thermoforming machines are high-speed machines which is suitable for just in time (JIT) production strategy. Fast prototype development of thermoforming machines is expected to increase the sales of the global thermoforming machines market. Thermoforming machines offers extensive options of finishing, patterns and textures of the product. Despite the positive outlook there are certain factors which hinder the growth of the global thermoforming machines market. Thermoforming machines uses more plastic as compared to other machines. Approximately 10%- 20% more plastic is required to make products using thermoforming machines. This adds to the cost as well as create extensive wastage too. Overall the global thermoforming machines market is projected to expand with an outstanding CAGR during the forecast period.

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Global Thermoforming Machines Market – Segmentation

The global thermoforming machines market is segmented by machine type, packaging type, distribution channel and application

On the basis of machine type, the global thermoforming machines market is segmented into –

  • Automatic
  • Semi- Automatic
  • Mannual

On the basis of packaging type, the global thermoforming machines market is segmented into:

  • Blister
  • Clamshell
  • Others

On the basis of distribution channel, the global thermoforming machines market is segmented into:

  • Manufacturers
  • Distributors
  • Others

On the basis of application, the global thermoforming machines market is segmented into

  • Food & Beverage
  • Pharmaceuticals
  • Chemical & Fertlizers
  • Personal Care & Cosmetics
  • Others

Global Thermoforming Machines Market – Regional Overview

Based on the geography, the thermoforming machines market is categorized into North America, Latin America, Europe, South Asia, East Asia, and MEA regions. Prominent regions such as North America and South Asia regions are anticipated to captures the substantial market share. The market growth of the thermoforming machines in these regions is majorly driven by the astonishing penetration of food and healthcare industries. Consistent use of thermoformed products in these regions is boosting the demand for thermoforming machines considerably.  Furthermore, in Europe, leading countries such as Germany, Spain, Italy, and the U.K. are projected to remain at the forefront in terms of the market share of thermoforming machines throughout the forecast period. Additionally, in the East Asia region, China is expected to be highly attractive regarding market share and growth rate. On the other hand MEA region is expected to register sluggish growth during the forecast period.

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Global Thermoforming Machines Market – Key Players

Some of the prominent manufacturers of thermoforming machines market are Gabler Thermoform GmbH & Co KG, Brown Machine Group Holdings LLC, Creative Plastics International, Inc, Webomatic Maschinenfabrik GmbH, Algus Packaging Inc, Rajoo Engineers Limited. and among others.

Vacuum Interrupters Market – Understanding the Key Product Segments and Their Future

A vacuum circuit breaker can be differentiated from other circuit breakers on the basis of its arc quenching technique. In this type, the interruption of current flowing through arc takes place in vacuum. This technology is widely used for applications working on medium voltage. The vacuum circuit breakers are also suitable for high voltage applications, however they are not commercially viable yet. The vacuum circuit breaker consist of a vacuum interrupter. This chamber is used for the basic operations of circuit breaker such as opening and closing of contacts carrying electric current and arc quenching. The vacuum interrupter is made by symmetrically arranging ceramic insulators in a steel arc chamber. The hermetically tight vacuum chamber present in vacuum circuit breaker eliminates any external impacts on the device. Thus the properties of the vacuum interrupter remain constant throughout the life cycle, giving it a clear edge over the other types of interrupters.

The most common application of vacuum interrupters is in the utility sector. The energy efficiency norms have created an upsurge in the innovation of technologies that reduce energy loses in power generation and transmission. Innovation in recent years has given rise to interrupters being fabricated without the use of sulfur hexafluoride gas, which was previously considered essential. Mounting concerns over carbon emissions and the need to improve energy-efficiency, has led manufacturers to seek materials which are energy-efficient for use in interrupter components.Classification of the vacuum circuit breaker’s market is mainly done on the basis of application that the interrupters are being used for. Some of the major applications of interrupters are in circuit breakers, load break switches, reclosers, contactors, tap changers and railway circuit breakers. Also, depending on the power flow, interrupters may be used for low, medium or high voltage power lines.

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The vacuum interrupters’ market is driven by some major micro and macro factors that affect the demand and supply of the technology. One of the major driver for this market is increase in population. This surge in population has created high demand for electricity in domestic, commercial as well as industrial markets. The construction of new infrastructure as well modernization of old electric systems in buildings has aided the demand for vacuum interrupters. Another driver for this market presently, is the gradual shift of the interrupter market from gas insulation interrupters (mainly using sulfur hexafluoride as an insulator) to gas-free insulators, due to regulations that inhibit the release of greenhouse gases into the atmosphere. This has prompted the users/utility companies to replace the older versions with the new ones. Certain interrupters also need to be retired as they wear out over the years, which drive up the sales for new ones.

The major advantage of interrupters is that itreduces the power wastage and curb the cost arising out of the energy loss during transmission. However, the cost of the equipment is a major drawback for the vacuum interrupter’s market. The major decision makers for the purchase of interrupters are vendors, electric contractors, and distributors. The high cost and lack of awareness may affect the decision on purchasing of vacuum interrupter. The contractors or owners may prefer to install low cost interrupters to reduce their upfront cost thereby ignoring the efficiency advantage. In addition to this, vacuum interrupters are rarely among the stock items. In most cases, the manufacturers prefer making custom made interrupter depending upon the project and geographical area.

Some of the major companies involved in the manufacturing of vacuum interrupters are General Electric, Kirloskar Electric Company Ltd., Chengdu Xuguang Electronics Co., Ltd., Crompton Greaves Ltd., Meidensha Corporation, Mitsubishi Electric Corporation, Siemens AG, Toshiba Corporation, Wuhan Feite Electric Co., Ltd., ABB, AREVA, and Eaton Corp.

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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Aviation Actuator System Market Size, Share, Growth, Trends, and Forecast 2018 – 2026

An actuator refers to an element of a machine that is in charge of controlling and moving a system or a mechanism. A case in point is opening up a valve. In layman’s language, it is a ‘mover’ of things. An actuator needs an energy source and a control signal. In the aviation industry, actuators control a wide array of applications. For instance, actuators limit and regulate the engine speed and velocity through adjustment of flaps and levers.

Honeywell International, Inc., Woodward, Inc., The Curtiss-Wright Corporation, Moog, Inc., Rockwell Collins, and Beaver Aerospace & Defense, Inc. are some prominent companies in the global aviation actuator system market.

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In this comprehensive study on the global aviation actuator system market by Transparency Market Research (TMR), analysts estimate that the market is likely to grow at 6.4% CAGR, between 2018 to 2026.

Presence of Several Leading Players to Propel Growth of the Market in North America

The global aviation actuator system market has been divided into the key regions of the Middle East and Africa, Asia Pacific, Europe, Latin America, and North America.

North America is the regional segment that is exerting huge influence over the global aviation actuator system market. Presence of several leading manufacturers of aircraft in the region, such as The Boeing Company in the U.S, Bombardier Inc. in Canada and many more are supporting the growth of the market in the region. Furthermore, a rise in the orders for aircraft by the regional airlines from regions like the Middle East, Asia Pacific is likely to add fillip to the market over the assessment tenure. In addition, increased use of aircraft in the defense sector is also anticipated to fuel the expansion of the market.

Multiple Use in the Aviation Industry Favors Growth of the Market in Forthcoming Years

The is still in a nascent stage of development with more lucrative opportunities likely to come on its way. There exists immense scope for the market players to produce more high-end actuation systems to diminish the cost of the aircraft. Increased utilization of electrical systems in the aircraft lessen aircraft’s weight and makes it more fuel-efficient. With fuel efficiency comes the increased cost of the aircraft, which is estimated to stimulate the growth of the global actuator system market. Increased research and development activities are conducted to update existing actuator systems. For instance, hydraulic actuators replace pneumatic actuators due to the several benefits that it offers.

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Technological advancement in the designing of aircraft models characterizes the progress of the aviation industry, which results in the improvement of the actuator system. In the aviation industry, they find extensive use in electromagnetic brakes for commercial aircraft, clutches, seat actuation, load limiters, position feedback, manual drives, and landing gears. With such vast use in the aviation industry, the global actuator system market is poised for considerable growth over the tenure of assessment, from 2018 to 2026.

The information shared in this review is based on a TMR report, bearing the title, “Aviation actuator system market (Type – Electric, Hydraulic, Mechanical, and Hydrostatic; Application – Flight Control System, Landing Gear, and Auxiliary Control; End use – Commercial and Defense) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 to 2026”

The global aviation actuator system market is segmented based on:

Type

  • Electric
  • Hydraulic
  • Mechanical
  • Hydrostatic

Application

  • Flight Control System
  • Landing Gear
  • Auxiliary Control

End Use

  • Commercial
  • Defense

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Vehicle Occupancy Detection System Market Sales Size Share Forecast 2027

Global Vehicle Occupancy Detection System Market: Introduction

Transparency Market Research delivers key insights on the global vehicle occupancy detection system market. In terms of revenue, the global vehicle occupancy detection system market is estimated to expand at a CAGR of ~12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global vehicle occupancy detection system market.

Vehicle occupancy detection systems are used on HOV/HOT lanes to help roadway agencies keep the roadways safer and improve throughput. They also allow authorities to detect violators. These systems are mounted on the top of HOV lanes with the help of racks at specific distances throughout the HOV lanes or at HOV toll booths. Another form of these systems is mobile vehicle occupancy detection systems, wherein, system components are mounted on a rack arrangement, and the complete arrangement is mounted on a mobile trolley that can be transported from one point to another as per local traffic conditions.

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Various countries are considering the implementation of HOV lanes as a more sustainable option, especially to tackle the increasing issue of traffic congestion and encourage ride-sharing and use of public transport. Furthermore, in the long run, this is expected to reduce the overall emission of harmful gases. The global vehicle occupancy detection system market is shifting toward the incorporation of AI into vehicle occupancy detection systems in order to attain advanced features and increase overall system accuracy.

A vehicle occupancy detection system relies on the video-based detection method. The video-based detection method faces several difficulties in distinguishing between subjects and objects, seated or placed over the seat, due to various factors. This factor is anticipated to hinder the demand for vehicle occupancy detection systems during the forecast period.

Global Vehicle Occupancy Detection System Market: Prominent Regions

North America accounted for a key share of the global vehicle occupancy detection system market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing demand for these systems in the region. The U.S. constituted a significant share of the vehicle occupancy detection system market in North America in 2018. The U.S. makes high investments in R&D activities aimed at the innovation of new technologies.

Asia Pacific is anticipated to be a highly lucrative market for vehicle occupancy detection systems throughout the forecast period, owing to the increasing adoption of these systems in developing economies in the region, such as China. The lucrativeness of the vehicle occupancy detection system market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research & development activities by key market players, and various initiatives by governments for the construction of new HOV/HOT lanes in the region.

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Europe is likely to emerge as the third-largest market for vehicle occupancy detection systems across the world during the forecast period. The region is anticipated to hold a considerable share of the global vehicle occupancy detection system market during the forecast period. Rising investments in the construction of HOV/HOT lanes are expected to augment the adoption of vehicle occupancy detection systems in Europe in the next few years.

Global Vehicle Occupancy Detection System Market: Key Players

Key players operating in the global vehicle occupancy detection system market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing the production capacity, in order to meet the rising demand for vehicle occupancy detection systems across the globe.

Key players operating in the global vehicle occupancy detection system market are Siemens AG, Indra Sistemas, S.A., NEC Corporation of America, TransCore, LP, Fortran Traffic Systems Limited, Vehicle Occupancy Detection Corporation, Invision AI, Inc., and Conduent Inc.

Fiber Optic Connectors Market to expand at a CAGR of 7.7% by 2024

The demand within the global market for fiber optic connectors has been rising on account of key advancements in the multiple end-use industries, finds Transparency Market Research (TMR). The presence of a large number of vendors in the global market for fiber optic connectors makes the market highly fragmented. It is expected that the leading market players in the global market for fiber optic connectors would make voluminous investments to distinguish themselves from the smaller and amateur players. The leading vendors in the global market for fiber optic connectors have continually elevated their quality standards in order to attract consumers into buying their products.

The small- and medium-sized market players in the global market for fiber optic connectors’ have a large playfield to experiment new business strategies, It is expected that the small vendors in the global fiber optic connectors market would stick to the basics of marketing in order to enhance their growth prospects. The medium-sized players in the global fiber optic connectors market could benefit from tying up with the larger players ad getting access to a wider consumer base. Some of the key vendors in the global market for fiber optic connectors are Furukawa Electric Co. Ltd., ZTE Corporation, Hitachi Ltd., Corning Cable Systems LLC, Broadcom Limited, and Sterlite Optical Technologies Limited.

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A report by Transparency Market Research (TMR) finds that the global market for fiber optic connectors would expand at a healthy CAGR of 8.1% over the period between 2019 and 2027. The global fiber optic connectors market had a total worth of US$3.5 bn in 2018, and this figure is expected to touch a value of US$7.2 bn by 2027. On the basis of application, the demand for fiber optic connectors in the telecom industry has been rising at a stellar rate. On the other hand, the market for fiber optic connectors in Asia Pacific is projected to expand at a robust rate in the years to come.

Growth of the Telecom Industry to Propel Demand

The need to ensure seamless communication through transfer of signals in the telecom industry has been growing in recent times. Fiber optic connectors are an indispensable part of the telecom net, and hence, the growth of the telecom industry is projected to drive demand within the global market for fiber optic connectors. Although various types of fiber optic connectors are available in the marketplace, there is no substitute for the base product. This factor has emerged as another key prospects for growth within the global market for fiber optic connectors.

High Price of Fiber Optic Connectors could hamper Growth

The demand within the global market for fiber optic connectors could be restrained by the high costs of these connectors. The per unit cost of fiber optic connectors used in the telecom industry often outdoes the benefits served by these connectors, which has become a major concern of the market vendors. However, the use of fiber optic connectors across data centers and datacom units is projected to keep enhancing the growth prospects of this market. Besides this, advancements in the domain of DWDM systems is also expected to propel market demand in the years to come.

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The review is based on TMR’s report titled “Fiber Optic Connectors Market (Types – LC (Lucent Connectors), SC (Standard Connectors), ST (Straight Tip) Connectors, MPO/MTP (Multiple-Fiber Push-On/Pull-Off), and MXC; Applications – Telecom Industry, Datacom, DWDM Systems, and Lasers) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.

Active Electronic Components Market to reach US$ 521.91 Bn by 2027

Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global market for motion controllers benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens.

The report states that the market will exhibit a promising 7.82% CAGR from 2019 to 2027, registering a promising revenue opportunity of US$3,670.30 Mn by 2027 from US$1,878.68 Mn in 2018.

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Thriving Industrial Sector in Asia Pacific to Remain a Strong Force for Global Market

Geographically, the market in Asia Pacific, which is domicile to some of the leading companies operating in the field of motion controllers, has been a prime player in terms of innovations and technological advancements in the area. Moreover, the increased adoption of smart manufacturing techniques to achieve plant-wide optimization, sustainable production, and data inter-operability across a number of steadily expanding end-use industries has also solidified the region’s position in the global market. Accounting for over 30% of the global market in 2018, the region is likely to hold on to its top spot by registering an impressive 9.3% CAGR from 2018 to 2017.

In terms of technology, the segment of general motion controller contributed the dominant share in global revenue in 2018 and is anticipated to expand at a promising CAGR of 7.5% over the report’s forecast period. The segment of CNC motion controllers is anticipated to register a decent CAGR over the forecast period owing to the rising adoption of CNC machines in manufacturing and metal industries in developing economies such as Vietnam, Brazil, South Africa, and Australia.

Attempts Made to Establish Smart Manufacturing Facilities Compel Increased Adoption

The global motion controller market is chiefly driven by the increasing adoption of plant and process automation across industries that are inclined towards establishing smart factories and smart manufacturing processes in their ecosystems as a way of achieving high productivity, efficiency, and process optimization. This is especially true for developing geographies such as Asia Pacific and South America. With increasing investment of government and private bodies in manufacturing and process industries, emerging economies of China, India, Indonesia, and Vietnam in these regions are fueling the adoption of a variety of global motion controllers.

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The global motion controller market is also driven by a vast set of factors including the need for higher throughput from industries with improved accuracy and greater equipment efficiency and rising concerns regarding the safety of human resources in industries with difficult operation environments. However, factors such as the low availability of skilled labors could hinder the growth prospects of the global motion controller market during the forecast period.

This review of the global motion controller market is based on a recent market research report by Transparency Market Research, titled “Motion Controller Market (Type of Axis – Multi Axis, and Single Axis; Technology – General Motion Controller and CNC Motion Controller; Product – PLC Based Motion Controller, Stand-alone Motion Controller, and PC Based Motion Controller; Industry Vertical – Aerospace and Defense, Automotive, Semiconductor and Electronics, Metal and Mining, Food and Beverages, Healthcare, Pharmaceuticals, Plastic and Rubber, and Textile) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

Harmonic Filter Market to rise at a CAGR of ~6% till 2027

Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global market for motion controllers benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens.

The report states that the market will exhibit a promising 7.82% CAGR from 2019 to 2027, registering a promising revenue opportunity of US$3,670.30 Mn by 2027 from US$1,878.68 Mn in 2018.

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Thriving Industrial Sector in Asia Pacific to Remain a Strong Force for Global Market

Geographically, the market in Asia Pacific, which is domicile to some of the leading companies operating in the field of motion controllers, has been a prime player in terms of innovations and technological advancements in the area. Moreover, the increased adoption of smart manufacturing techniques to achieve plant-wide optimization, sustainable production, and data inter-operability across a number of steadily expanding end-use industries has also solidified the region’s position in the global market. Accounting for over 30% of the global market in 2018, the region is likely to hold on to its top spot by registering an impressive 9.3% CAGR from 2018 to 2017.

In terms of technology, the segment of general motion controller contributed the dominant share in global revenue in 2018 and is anticipated to expand at a promising CAGR of 7.5% over the report’s forecast period. The segment of CNC motion controllers is anticipated to register a decent CAGR over the forecast period owing to the rising adoption of CNC machines in manufacturing and metal industries in developing economies such as Vietnam, Brazil, South Africa, and Australia.

Attempts Made to Establish Smart Manufacturing Facilities Compel Increased Adoption

The global motion controller market is chiefly driven by the increasing adoption of plant and process automation across industries that are inclined towards establishing smart factories and smart manufacturing processes in their ecosystems as a way of achieving high productivity, efficiency, and process optimization. This is especially true for developing geographies such as Asia Pacific and South America. With increasing investment of government and private bodies in manufacturing and process industries, emerging economies of China, India, Indonesia, and Vietnam in these regions are fueling the adoption of a variety of global motion controllers.

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The global motion controller market is also driven by a vast set of factors including the need for higher throughput from industries with improved accuracy and greater equipment efficiency and rising concerns regarding the safety of human resources in industries with difficult operation environments. However, factors such as the low availability of skilled labors could hinder the growth prospects of the global motion controller market during the forecast period.

This review of the global motion controller market is based on a recent market research report by Transparency Market Research, titled “Motion Controller Market (Type of Axis – Multi Axis, and Single Axis; Technology – General Motion Controller and CNC Motion Controller; Product – PLC Based Motion Controller, Stand-alone Motion Controller, and PC Based Motion Controller; Industry Vertical – Aerospace and Defense, Automotive, Semiconductor and Electronics, Metal and Mining, Food and Beverages, Healthcare, Pharmaceuticals, Plastic and Rubber, and Textile) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

Harmonic Filter Market to rise at a CAGR of ~6% till 2027

Harmonic Filter Market: Introduction

Transparency Market Research delivers key insights on the global harmonic filter market. In terms of revenue, the global harmonic filter market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global harmonic filter market.

Harmonics are generated in an electric power system, due to presence of non-linear loads, such as drives, in the system. The growing need for ensuring quality of power and increasing use of non-linear loads producing harmonics, such as variable-frequency drives, are factors driving the global harmonic filter market. In addition to this, developing countries are focusing on developing their power infrastructure. This is expected to offer ample growth opportunities to the harmonic filter market in these countries during the forecast period.

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Harmonic Filter Market: Dynamics

The global power industry is changing significantly, with the increasing demand for reliable and efficient power supply, implementation of sustainability policies, and government regulations and penalties imposed by utilities. Rise in automation across different commercial and industrial applications has raised the demand for variable-frequency drives. Variable-frequency drives are energy efficient, as the motor can be operated at variable speeds throughout their use, unlike other drives. However, fluctuating voltage levels in variable-frequency drives results in the generation of harmonics. Thus, the demand for harmonic filters is anticipated to increase in order to suppress the effect of harmonics generated by usage of variable-frequency drives. Moreover, in addition, governments of various countries are taking initiatives on setting a permissible limit on harmonic distortion. This factor along with the increasing demand for zero-tolerance interrupted power supply from industries such as IT, medical, and railways is expected to drive the global harmonic filter market during the forecast period.

Harmonic Filter Market: Prominent Regions

Asia Pacific is the leading region of the global harmonic filter market. Growth of the market in the region can be attributed to high investments in power infrastructure and industrialization in Asia Pacific. Moreover, the market in Middle East & Africa is expected to witness significant growth during the forecast period, due to increasing demand for harmonic filters, growing urbanization, rising generation of renewable power, and investments in mass transportation in the region. In other regions, the demand for harmonic filters is dependent on the growth of sectors such as industrial, IT & telecommunication, power generation & transmission, and residential & commercial.

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Harmonic Filter Market: Key Players

Key players operating in the global harmonic filter market are ABB Ltd., Emerson Electric Co., Schneider Electric SE, Danfoss A/S, Siemens AG, Comsys AB, Schaffner Holding AG, Crompton Greaves Ltd., and Eaton Corp. Plc

GaN Semiconductor Devices Market to Reach Valuation of ~US$ 4 Bn by 2027

GaN Semiconductor Devices Market: Introduction

Transparency Market Research delivers key insights on the global GaN semiconductor devices market. In terms of revenue, the global GaN semiconductor devices market is estimated to expand at a CAGR of 14.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global GaN semiconductor devices market.

Gallium nitride (GaN), a wide band gap semiconductor material, is a newer technology compared to other semiconductor materials, such as gallium arsenide (GaAs) and silicon carbide (SiC). GaN semiconductor devices offer a competitive advantage in terms of thermal performance, efficiency, weight, and size. GaN is the next-generation power semiconductor and hence, different countries are involved in developing widespread applications of GaN semiconductors. The wide band gap (WBG) semiconductor technology has matured rapidly over the last few years. Based on product, the global GaN semiconductor devices market has been classified into power semiconductors, radio devices, and opto semiconductors. Among these, opto semiconductors are being adopted largely, as they absorb and emit light. Photodiodes, LEDs, solar cells, and semiconductor lasers are all categorized as opto semiconductors. Furthermore, based on end-use industry, the global GaN semiconductor devices market has been classified into information & communication technology, automotive, consumer electronics, aerospace & defense, and others. The consumer electronics sector is increasingly adopting GaN semiconductor devices, as GaN is widely incorporated into radio frequency devices, light-emitting diodes (LEDs), and power electronics, due to its ability to operate at a high frequency and high temperature. This, in turn, is expected to boost the global GaN semiconductor devices market during the forecast period.

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GaN Semiconductor Devices Market: Dynamics

Improved responsiveness and enhanced battlefield performance are important areas of focus for the defense sector. Hence, a high level of integration is required between radar communication systems and electronic warfare devices that are used in military. Due to high breakdown voltage and rapid heat dissipation capacity, GaN semiconductor devices have benefitted the defense industry greatly. A major application of GaN in the military sector is its usage in HEMTs (high electron mobility transistors), which are required for high-frequency operations. Furthermore, due to high temperature resistivity, low power consumption, high breakdown voltage, better thermal stability, and high electron mobility, GaN semiconductor devices are widely acknowledged as ‘green technology’ by different industrial sectors. These devices are largely used in light-emitting diodes (LEDs), radio frequency (RF) amplifiers, and power electronics, due to their unique properties. With rapid advancements in technology, usage of GaN is expected to be extended to various other commercial applications. Additionally, advancements intended to increase wafer diameters are expected to improve the efficiency and reduce the cost of GaN devices, eventually improving the performance of these devices and making GaN more acceptable compared to other semiconductor materials. These are expected to be prominent factors propelling the global GaN semiconductor devices market during the forecast period.

GaN Semiconductor Devices Market: Prominent Regions

Asia Pacific is a dominant region of the global GaN semiconductor devices market. Growth of the market in the region can be attributed to presence of a large number of GaN raw material suppliers in the region. A majority of market players in this region are located in Japan, South Korea, and China. The lower production and labor costs in these countries are aiding manufacturers to set up their production facilities. Additionally, the GaN semiconductor devices market in Asia Pacific is primarily driven by the increasing demand from the consumer electronics sector, most importantly from mobile, communication, and computing segments of the sector. The electronics industry in countries such as China and India is expanding at a rapid pace. Hence, these countries are expected to be potential markets for GaN semiconductor devices in the near future.

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In addition, China is planning to adopt LED and solid-state lighting technologies as well as radio frequency devices in the next few years. Thus, owing to growing economy and significant availability of skilled labor and raw materials, several companies are looking forward to shifting their manufacturing units to Asia Pacific. Considering all the above-mentioned factors, the GaN semiconductor devices market in Asia Pacific is expected to witness steady growth between 2019 and 2027. The market in North America and Europe is estimated to witness significant growth during the forecast period, due to wide utilization of GaN-based transistors in defense & military and consumer electronics sectors in these regions. The GaN semiconductor devices market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

GaN Semiconductor Devices Market: Key Players

Key players operating in the global GaN semiconductor devices market are Cree, Inc., Efficient Power Conversion Corporation, FUJITSU, GaN Systems, NICHIA CORPORATION, NXP Semiconductors, Renesas Electronics Corporation, Toshiba Corporation, Texas Instruments Incorporated, and Transphorm Inc.

Process Spectroscopy Market to reach US$ 2 Bn by 2027

As per a recent report by Transparency Market Research on global process spectroscopy market, the persisting demand for improving the manufacturing process in several business verticals is the key reason for the growth of the global process spectroscopy market. The report also states that the market’s growth is attributed to developing pharmaceutical sector by improving microscopic study of chemicals. These processes require process spectroscopy to collect viable data regarding the properties of several compounds. Also, benefits such as information in real-time and quality analysis are few more factors driving the growth of global process spectroscopy market from 2019 to 2027.

Substantial Growth of Market with 8.3% CAGR

Looking at the demand for quality products by several end-use industries along with the undeviated focus of the manufacturers to enhance the quality of their manufacturing processes, the global process spectroscopy market is projected to grow at a CAGR of more than 9% between 2019-27. This robust growth of the global process spectroscopy market is the result of rising demand for implementation of next-gen cloud-based equipment by several pharmaceutical industries across the globe. Additionally, development of new drugs by pharmaceutical companies require streamlining process which require process spectroscopy equipment. Based on these demands, the global process spectroscopy market is projected to witness the anticipated growth from 2017 to 2025.

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Also, the analysts at Transparency Market Research predicts that the global process spectroscopy market shall reach to the value of above US$ 2 bn by the end of the tenure. This is prediction is based on the analysis of the dynamics of the global process spectroscopy market.

North America to Generate Maximum Revenue

From geographical point of view, North America is the most lucrative region for global process spectroscopy market. This is because of the growing pharmaceutical industry in the U.S and Canada. The report states that the region is anticipated to account significant market share of the growing global process spectroscopy market. It is because of this reason, players of process spectroscopy market are focusing their interest towards the region of the North America and hence the region dominates the geographical front of the market.

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Raman Spectroscopy to Drive Maximum Revenue

In terms of technology the global process spectroscopy is dominated by the Raman spectroscopy segment. This dominance of the segment is the result of growth in the number of diagnostic centers for cancer. These centers are dedicated to identify the type and the stage of the cancer in the patient’s body. Also, development of drugs to cure these cancers by pharmaceutical companies is also a major factor supporting the growth of Raman spectroscopy in global process spectroscopy market from 2017 to 2025.

Machine Health Monitoring Market: Expected To Grow At The Highest CAGR During The Forecast Period 2024

Machine Health Monitoring United States Market Trends

Global Machine Health Monitoring Market: Overview

The global market for machine health monitoring is projected to witness significant growth in the next few years. The rising importance of asset management and the increasing focus of manufacturers to surge efficiency and optimize productivity are some of the vital reasons, which are predicted to encourage the growth of the global machine health monitoring market in the next few years.

The research study offers an in-depth analysis of the global machine health monitoring, highlighting the latest trends, growth opportunities, and the driving factors. In addition, the research study has discussed several challenges and limitations that are being faced by the market players while operating in the global machine health monitoring market. The key segmentation and the competitive scenario of the global market have also been included in the scope of the research report to offer a strong understanding of the market and guide the new entrants in making effective business decisions in the near future.

Global Machine Health Monitoring Market: Drivers and Restraints

The rising use of wireless communication technology and the preferential shift from preventive to predictive maintenance are some of the most important factors that are estimated to encourage the growth of the global machine health monitoring market in the next few years. In addition, a significant growth in the heating, ventilation, and air conditioning (HVAC) systems market is anticipated to accelerate the growth of the overall market in the next few years.

On the flip side, the requirement of additional expenses for retrofitting existing systems and the unpredictable maintenance schedules are some of the major factors that are predicted to inhibit the growth of the global machine health monitoring market throughout the forecast period. Moreover, the lack of availability of expertise, especially at remote locations is likely to restrict the growth of the overall market in the near future. Nevertheless, the emergence of big data analytics and the advent of Industrial Internet of Things are projected to offer promising opportunities for the market players.

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Global Machine Health Monitoring Market: Region-wise Outlook

The global market for machine health monitoring has been classified on the basis of geography into North America, Asia Pacific, Europe, and the Rest of the World. As per the research study, North America is predicted to lead the global machine health monitoring market and account for a large share of the market in the next few years. The robust growth of this region can be attributed to the innovations and technological developments in the field of healthcare. Additionally, the rising adoption of machine health monitoring across this region is expected to accelerate market growth in the near future.

On the other hand, Asia Pacific is projected to witness substantial growth in the coming years and register a healthy grow rate in the coming years. The increasing number of production bases being set by the prominent market players in the semi-conductor, automotive, and consumer electronics sectors is expected to encourage the growth of the machine health monitoring market in Asia Pacific. The estimated growth rate and share of each regional segment have been presented in the research report.

Key Players Mentioned in the Research Report are:

The global market for machine health monitoring market is estimated to witness significant growth throughout the forecast period. Some of the prominent players operating in the machine health monitoring market across the globe are The Emerson Electric Company, AZIMA DLI Corp., National Instruments Corporation, Honeywell International Inc., Bruel & Kjaer Vibro GmbH, General Electric Corporation, Fluke Corporation, SKF Company, Parker Kittiwake Ltd., and Rockwell Automation Inc. The research study has offered a thorough overview of the competitive landscape of the global machine health monitoring market. The business policies and strategies that are being used by these players to maintain their dominance have been discussed to guide the new entrants in the market.

Private Tutoring Market: Opportunity Analysis and Industry Forecast upto 2026

Private Tutoring Market Applications

Global Private Tutoring Market: Snapshot 

Private tutoring, otherwise called shadow tutoring, is a kind of organized set of instructive activities that are created outside of the school. The principle goal of private tutoring is to enhance performance of the student with respect to academics. It gives one-on-one instructive help to people, from grade school to college.

The private tutoring market is isolated dependent on sort and end-client. In view of the sort, the market for private tutoring is bifurcated into mixed and on the web. As the web based instructing strategies have been presented as of late and the encouraging staff isn’t productively prepared with its utilization, the mixed portion held the biggest offer of the private tutoring market in the year 2017. By end-client, the private tutoring market is separated into preschool kids, grade school understudies, center school understudies, secondary school understudies, and undergrads. 

Global Private Tutoring Market: Trends and Opportunities

The increasing competition among the students for getting into famous schools is probably going to drive the private tutoring market over the globe later on. With the surge in income, guardians are eagerly enrolling their kids to private tuitions to deal with their kids’ learning prerequisites better. The developing number of students enlisting in private tutoring because of relentless challenge in competitive tests is another factor foreseen to propel the private tutoring market globally in the years ahead. 

Global Private Tutoring Market: Regional Analysis

Based on geography, the global private tutoring market incorporates Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa. In 2017, the North American private tutoring market held the biggest offer of the global private tutoring market, attributable to the settled educational framework, an extensive number of immigration students, and rising challenge.

The European market is probably going to fuel to develop at a high rate in the upcoming years, because of the expansion in the awareness about private tuitions and the launch of new advances. The Asia Pacific is foreseen to demonstrate the most noteworthy rate of development later on, inferable from increasing awareness about the significance of training and rising ventures identified with education. The Middle Eastern and Africa and Latin America markets are foreseen to indicate relentless development over the assessed time span, because of the increasing number of students want to acquire training from well known universal and national organizations. 

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Global Private Tutoring Market: Competitive Landscape

The key players of the global private tutoring market include American Tutor, Ambrow Education, Brighter Minds Tutoring, Eduboard, Chegg, EF Education First, Kaplan, iTutorGroup, Mandarin Rocks, MindLaunch, Manhattan Review, New Oriental, TutorZ, TAL Education, Xueda Education, Web International English, and among others.

Industrial Protective Footwear Market: Understanding the Key Product Segments and their Future 2027

Industrial Protective Footwear Asia Pacific Market Size

The major players in the market have implemented several strategies for example, & agreement, product launch, product development, and partnership business expansion. Among these, product launches held around 60% of the entire major strategies, whereas business expansion, partnerships, and product development collectively held around 40% of market strategies.

The global industrial protective footwear market is foreseen to expand at a steady CAGR of 4.1% from 2018 to 2027. By the end of 2027, the global industrial protective footwear market  is foreseen to reach around worth US$ 9,270.1 Mn. On the basis of volume, the market is prognosticated to expand at a CAGR of 5.5% within the forecast period from 2018 to 2027. The market is estimated to flourish with 163,013 ‘000 units by the end of 2027.

The major market players for example, Honeywell Safety Products, Rahman Group, Oftenrich Holdings Co. Ltd., Saina Corporation Co. Ltd., COFRA Holding AG, Jal Group, UVEX Safety Group, ELTEN GmbH, and Rock Fall Ltd., and VF Corporation improve the product portfolios by bringing in industrial protective footwear with upgraded quality for various applications. For example, a well known firm, Rock Fall Ltd. in 2016, came up with Melanite, designed for the facility management, uniform services, and security & patrol services.

Although leather footwear segment accounted for the highest market share in 2015, plastic footwear segment is expected to witness the fastest growth rate during the forecast period. This is attributed to their resistance against low temperature, crack, UV radiation, and waterproof nature. North America is a significant personal protection equipment (PPE) market in the world. Industrial protective footwear or safety footwear is part of PPE.

Poor Working Conditions for factory workers to hamper Market Growth

Quick advancement in different businesses has expanded workforce globally. But, factory workers face poor working conditions, expanded work hours, and employment instability. This highly affects the development of the market. Stringent government directions with respect to work environment security have brought about surged demand of industrial protective footwear.

Developing security requirements for labors in manufacturing and development parts should drive the size of industrial wellbeing footwear market. These industrial protective footwear give insurance against different dangers including moving machines, introduction to chemicals, falling items, and electrical contact. These shoes are fabricated in consistence with safety footwear models incorporating ANSI in the U.S. which may propelled the business development.

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Growing Industrial Mortality in Chemicals to Propel Demand

Surged awareness towards security and health and labors alongside developing industrial fatality in chemicals, manufacturing parts and other development sectors inferable from absence of protection may propel the industrial healthcare footwear market development. These are intended to deflect and ensure slip resistance, foot fatigue, and give expanded help to the curve and impact point which are being fused in the footwear market, in this way stimulating the industry development.

Round Bottom Bag Sealer Machine Market: Anticipated To Predict A Promising Growth Rate During The Forecast Period 2027

Round Bottom Bag Sealer Machine Industry Analysis Report

Round Bottom Bag Sealer Machine Market: Overview

Round bottom bag sealer machines is anticipated to create positive incremental opportunity during the forecast period due to increasing application in various end use industries. As round bottom bag sealer machine offers easy installation with minimal maintenance it is preferred over other sealing machines in the market.

Food industry is estimated to dominate the global round bottom sealer machine market in terms of both value and volume. Consumer expenditure on food is estimated to be over 7% of global GDP or US$ 6.6 trillion in 2017. Also, the consumer expenditure in the developing region will increase from current 53% of the global expenditure to more than 60% in 2030 due to increase in disposable incomes of the middle class households. Therefore boosting the growth of round bottom bag sealer machines in developing region during the forecast period.

Round Bottom Bag Sealer Machine Market: Dynamics

Manufacturing sector has witnessed decent growth in the recent years, particularly in the developing economies of Asia-Pacific and Latin America such as Brazil, China, India, and ASEAN. Government in these countries is widely supporting local manufacturing through various incentives and regulations. Moreover, it is noticed that growth in manufacturing sector will further propel the demand for packaging machineries in these countries. However, the trend is not limited to only developing countries, the consumption of packaging machineries is also increasing at a good pace in the developed countries such as Italy. Thereby accelerating the round bottom bag sealer machine market across the globe. For instance,

  • Indian government launched a new “Make-in-India” campaign to support new entrepreneurs in the country through offering tax incentives and aid in capital investment. Such campaigns in these countries witnessed positive response in terms of output generated from the manufacturing sector.

Major manufacturers in the round bottom bag sealer machine market are focusing to launch products that helps companies to reduce labor costs and achieve higher production outputs in minimum time. Adoption of such packaging solutions in the round bottom bag sealer machine market eliminates the need to constantly find and train a new workforce which allows employers to allocate more value adding tasks to available workforce, which in turn can reduce labor turnover through improved workplace conditions, this is one of the key development in the global round bottom bag sealer machine market during the forecast period.

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Round Bottom Bag Sealer Machine Market: Regional Outlook

Round bottom bag sealer machine manufacturers located in Germany, Italy, and the U.S. could focus on exporting their machinery to emerging countries such as India and China to leverage demand generated through ever-increasing consumption and mandates for local manufacturing. However, it is observed that the demand in Chinese region is largely fulfilled by domestic manufacturers due to their low-cost offerings and services.

Round Bottom Bag Sealer Machine Market: Key Players

Some of the global key players in the round bottom bag sealer machine are as follows-

  • Eewa Engineering Pvt Ltd.
  • Kopack Enterprises
  • Ocean International
  • XL Plastics
  • Mahindra Plastic Industries
  • Kartikay’s International

Round Bottom Bag Sealer Machine Market: Competitive Landscape

Multinational companies in the round bottom bag sealer machines are therefore targeting the region by various expansion activities such as mergers with prominent regional players or acquiring small players. Market expansion strategy will create a significant role in acquiring new customers in the global round bottom bag sealer machine market.

Earphone Market: Market Comparison By Regions, Types, Trends And Applications 2023

Earphone Market Forecast Report

Earphones are a pair of small hearing devices that are designed to be fitted in a user’s ears, facing the ear canal. They are electroacoustic transducers through which the electrical signal is converted into a corresponding sound. They are typically designed to enable a single user to listen to an audio privately, unlike the loudspeakers, which produces sound in open air, for anyone to hear nearby. Earphones are portable device and are convenient, however some people consider them uncomfortable and prone to falling out.

The earphones consist of separate units that are plugged into the ear canal of the users. In the terms of telecommunication, a headset is a combination of earphone/headphone and microphone. They either connect directly to an audio amplifier, CD player, radio, portable media player, mobile phone, electronic musical instrument, video game consoles or use wireless bluetooth technology. Earphone consists of different audio imitation quality capabilities. The headsets used for telephone cannot reproduce sound with highly reliable expensive units that are designed for listening music.

Using earphones at a high volume level may lead to permanent or temporary hearing damage or deafness. The sound volume has to compete with nearby background noise, especially in places such as subway, railway stations, aircraft, as well as in large crowds. Some portable music devices manufacturers have tried to introduce safety circuits in order to limit the output volume and warn the user when the volume used is at dangerous level. However, this concept has been rejected by majority of public who favor their personal choice of volume.

Earphones exhibit high consumer adoption rate during workouts, travelling, etc. which has escalated their demand in the recent years. Other factors such as rising disposable income, products integrated with enhanced noise annulment capabilities may swell the earphones market demand during the forecast period. Further, earphone market is composed for high growth owing to its short replacement cycle, which is attributed to growing consumer needs, functionalities and loss or damage. The use of portable music systems, such as tablets, smartphones and handheld music players, is significantly growing in the market which in turn, is driving the market for earphones currently.

In the recent years, various technological advancements in earphones have led to minimizing of the overall size and weight of earphones. The key developments in wireless technologies such as bluetooth, Wi-Fi, Infrared (IR) and SKAA are expected to further increase the growth of the earphone market. The demand for earphones is strong in corporate sector, mainly in the expanding call center industry. The growing adoption of VOIP services for video conferencing is also behind the increasing demand for earphones from the corporate sector. Proliferation of various e-commerce websites, along with competitive pricing is further anticipated to swell the sales of earphones via online store during the coming years.

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The major participants in the global earphone market include companies such as JVC Corporation, Sony Corporation, Sennheiser Electronic GmbH & Co. KG, Bose Corporation, Apple Inc., Harman International Industries, GN Netcom A/S (Jabra), Plantronics Pty Ltd., Audio-Technica Corporation, and Philips Electronics Ltd.

AI in Transportation Market: Analysis: By Key Players, Applications, Growth Trends, Region & Segment Forecast To 2026

AI in Transportation Market Analysis

Global AI in Transportation Market: Overview

The demand within the global market for AI in transportation has been rising on account of advancements in the field of automation technologies. Artificial intelligence has become one of the most sought-after technologies across the globe which has given an impetus to the growth of the global market for AI in transportation. The entire world has been struck with a wave of technological improvements wherein artificial intelligence has spearheaded the technological revolution. Furthermore, the presence of a robust automation industry across the world has also necessitated the presence of artificial intelligence.

The transportation sector has particularly been the most expansive consumer of AI technologies. This factor needs to be evaluated with a deft level of scrutiny in order to understand the dynamics of the global AI in transportation market. There is a dire need to ensure that the transport of goods across long distances is regulated and controlled with a high level of scrutiny has also led to the growth of the global market. Considering the aforementioned factors, the demand within the global market for AI in transportation is projected to accumulate voluminous revenues in the years to come.

The global market for AI in transportation may be segmented on the basis of the following parameters: type, application, end-user industry, and region. These segments have played a major role in understanding the growth dynamics of the global AI in transportation market.

A report added by Transparency Market Research (TMR) on the global market for AI in transportation is a deft explanation of the forces that have aided market growth. The presence of a seamless transportation industry across the globe has created commendable demand within the global AI in transportation market. The report also sheds light on these dynamics pertaining to the transportation sector.

Global AI in Transportation Market: Trends and Opportunities

The need to reduce operational costs and optimise the efficiency of transportation fleets is a key requirement of the transportation sector. This factor has played a crucial role in enhancing the growth dynamics of the global market for AI in transportation. There is a dire demand for better logistics across several industries and sectors, and this has also created demand within the global AI in transportation market. The tracking of vehicles and fleets is an important consideration for several industries, and this is another key driver of demand within the global AI in transportation market.

Global AI in Transportation Market: Market Potential

The global market for AI in transportation in expected to become a lucrative haven in the forthcoming years. Furthermore, the use of AI for managing long-distance fleets is also expected to create humongous demand within the global market for AI in transportation. There is a recurring need for viewing the analytics of the transportation industry which has also led to the growth of the global AI in transportation market.

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Global AI in Transportation Market: Regional Dynamics

A regional outlook on the global market for AI in transportation is a dexterous description of the trends and opportunities that have pervaded across multiple regional markets. There is a dire need to ensure improved management of fleets across the world, and this factor holds commendable growth opportunities within the global AI in transportation market.

Global AI in Transportation Market: Competitive Landscape

Some of the key players in the global AI in transportation market are Daimler AG, MAN SEPACCAR Inc., Scania Group, ZF Friedrichshafen AG, Intel Corporation, and Valeo SA.

Thin Wafer Market: To Surge At A Robust Pace In Terms Of Revenue Over 2023

Thin Wafer Manufacturers

This research report studies the global thin wafer market in detail by segmenting in on the basis of technology, applications, and geographical markets. This comprehensive research report analyzes the worldwide thin wafer market to provide industry numbers on growth drivers and restraints, emerging opportunities, possible threats, and future projections for growth.
The key highlights of this report are a value chain analysis, review of recent industry landmarks and developments, and an analysis of future trends. The report also comprises an analysis based on Porter’s five forces model to ascertain the future bargaining power of buyers and suppliers, the possibility of new entrants posing a threat, the degree of competition, the use of substitutes and more.
This report further features a comprehensive Company Profiles section which includes an overview of leading companies in the thin wafer market, their financial standing, recent developments, product pipelines, and an analysis of their strengths, weaknesses, opportunities, and threats.

Overview of the global thin wafer market
In an age where electronic device configurations have to be small in size, low on cost but high on performance, the role of thin/ultra-thin semiconductors cannot be disputed. Thin wafers are poised to constitute about 50% of the overall semiconductors market in the next two to three years. From their traditional thickness of about 500ì, semiconductors are now available in ultra-thin variants with a thickness of about 40 ìm.
Applications such as Power Devices (IG BTs), RF Devices and LEDs, and Advanced Packaging applications (TSV, interposers and Fan out WLP) call for temporary bonding. The development of new techniques has helped in weeding out many difficulties that were faced with traditional chip production processes. This great works in favor of the temporary bonding technology segment, which will likely witness a whopping growth of over 500% between 2012 and 2018.
The thin wafer market is comprised of players that cater to the ever-evolving needs of wireless devices, memory disks, and consumer electronics. Thin wafers help in reducing the thickness of packages, especially when it comes to packaged dies for smartphones and cell phones. Thinner wafers also efficiently aid thermal management in electronic devices. All of these advantages will act as growth propellers for the global thin wafers market.

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At the same time, this rapidly decreasing thickness of wafers will also create new challenges for the thin wafer industry. For instance, ultra-thin wafers are not only less stable, but are also susceptible to cracking or being damaged under stress. The dies used for thin wafers can break easily or warp during the grinding process. On the brighter side, these challenges can be addressed via wafer support systems that can mitigate these challenges to a great degree. The development of wafer support systems is an emerging opportunity in the thin wafer market.
Segmentation of the global thin wafer market 
By technology, the market is segmented as: Wafer thinning, dry polishing, wafer dicing, and thin wafer handling: the different solutions.
Similarly, the market can also be classified by applications as: CMOS image sensors, MEMS, power devices, memory and logic, LEDs, advanced packaging (3D TSV/Interposers), and RF Devices (GaAs)
For each of these segments, succinct market tables, growth drivers and restraints, market opportunities, and other pertinent information has been provided.
Companies mentioned in the thin wafer market report
The Company Profiles section of this market research report features market participants such as: ABB, 3M, All Via, AIT, and Accretech.

Erythropoiesis-stimulating Agents Market is Thriving Worldwide By Size, Revenue, Emerging Trends and Top Growing Companies 2025

The process of formation of red blood cells is termed as erythropoiesis. Erythropoiesis takes place in the bone marrow. Agents promoting synthesis of red blood cells are known as erythropoiesis-stimulating agents.

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These are recombinant versions of a hormone erythropoietin, which is naturally produced by the kidneys and is responsible for stimulating bone marrow for red blood cells synthesis. Erythropoiesis-stimulating agents are recommended for the treatment of anemia. Hemoglobin is a substance in red blood cells, which carries oxygen around the body. When the body does not receive enough oxygen because of less number of red blood cells, it results into anemia. Anemia is highly associated with chronic kidney disease, and the overall prevalence rate of the disease in the U.S. is 15%. About 50% of the population with advanced diseases develop anemia. Hence, besides the use of dialysis, the development and use of erythropoiesis-stimulating agents are significant advancements in treating patients with chronic kidney disease. These agents were introduced in 1980s and became a popular treatment for anemia.

In cases wherein patients cannot undergo blood transfusions, it becomes necessary to give them erythropoiesis-stimulating agents, also known as recombinant erythropoietin. Epoetin alfa (under the brand name Procrit and Epogen) and darbepoetin alfa (under the brand name Aranesp) are two agents approved by the FDA for treating anemia caused due to chemotherapy, chronic kidney disease, and certain treatments for HIV. These agents are given as subcutaneous injections or as intravenous injections. The dose frequency, depending on the patient’s condition, can vary from once in a week or once every two weeks.

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Increasing incidence of anemia cases worldwide is driving the growth of the global erythropoiesis-stimulating agents market. In addition, rising awareness about erythropoiesis-stimulating agent therapies is contributing to the market growth. The demand for erythropoiesis-stimulating agents is rapidly increasing due to rising prevalence of chronic kidney disease and cancer and growing demand for cheaper erythropoietin drugs. Efforts are taken by researchers and pharmaceutical companies to develop novel erythropoietin drugs. However, stringent regulatory norms and side effects such as hypersensitivity, hypertension, seizures, or convulsions associated with erythropoiesis-stimulating agents are restraining the market growth.

The global erythropoiesis synthesis market can be broadly divided into two segments, namely biologics and biosimilars. On the basis of product type, the market can be segmented as epoetin-alfa, epoetin-beta, epoetin-zeta, epoetin-omega, epoetin-lambda, epoetin-delta, and darbepoetin-alfa. The latest product marketed as erythropoiesis-stimulating agent is darbepoetin, and the market for this agent is expected to grow during the forecast period. In terms of application, the market is segmented as erythropoietin agents used in  treatment of kidney disorders, cancer, anti-retroviral treatment, neural diseases, and anemia caused as a side effect of HIV.

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Geographically, the global erythropoiesis-stimulating agents market is distributed over North America, Europe, Asia Pacific, Middle East, Africa, and South America. North America consists of the U.S., Canada, and Mexico. European market for erythropoietin stimulating agents includes countries like U.K., Germany, France, Italy, Spain etc. The erythropoietin stimulating agents market in Asia Pacific includes countries such as China, Japan, India, South Korea, Australia & New Zealand, and rest of Asia Pacific. North America accounted for the largest market value, but Asia Pacific is expected to expand at a high CAGR during the forecast period. The emerging economies and new products with better efficacy will be a big opportunity for the erythropoietin stimulating agents market.

Key players operating in the global market include Biocon, Johnson & Johnson, Teva Pharmaceutical Industries Ltd., Intas Pharmaceuticals, Amgen Inc., Hoffmann-La Roche, Biosidus, and Ranbaxy Laboratories Ltd.

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Gastric Bands Market Valuable Growth Prospects and Upcoming Trends Till 2025

Obesity is one of the rising concerns across the globe as it is associated with numerous chronic diseases. Various medicinal and surgical treatments are performed for weight loss. Major surgical treatments performed for weight loss are Roux-en-Y gastric bypass, sleeve gastrectomy, duodenal switch with biliopancreatic bypass, and gastric banding. Some of these procedures alter the anatomy of the stomach and the intestine, making them irreversible.

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Gastric banding is one of the recent procedures offering controlled restriction and expansion of the stomach. Gastric banding, also known as laparoscopic gastric banding, is also performed in conjugation with gastric stapling, which is called vertical banded gastroplasty (VBG). Gastric banding is recommended to patients with body mass index (BMI) of 35 or higher and for patients who have shown relatively low response to medical management of weight loss. Gastric bands are made from either silicone or plastic rings. These rings are placed around upper part of the stomach, which reduces the food intake capacity of stomach, thereby helping in weight loss. The contraction and relaxation of the band can be adjusted by injecting saline through a port implanted subcutaneously.

According to the World Health Organization, in 2014, around 1.9 billion people across the globe were overweight; among which, 600 million were obese with BMI of 30 or above. The prevalence of obesity has doubled worldwide since 1980. Rising prevalence of obesity is likely to increase the number of bariatric or weight loss surgeries. This in turn is projected to fuel the growth of the gastric bands market. Gastric banding procedures are gaining preference due to non-mutilating and reversible attributes. It is also a minimally invasive surgery and requires short hospital stay. According to an independent survey conducted in France, around 75% of the weight loss surgeries performed in the country used gastric bands. Cases such as acid reflux, hiatal hernia, port leak, and migration have been reported regarding these bands. An independent study conducted in Belgium stated that the complication rate was as high as 50% in 2011. Adverse side effects and relatively low awareness regarding this procedure in the emerging markets is expected to hamper market growth in the near future.

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The global gastric bands market has been segmented based on port design, end-user, and region. In terms of port design, the market has been divided into self-adhesive port and sutured port. Self-adhesive ports have been developed recently, and offer features such as patient comfort and minimal or no displacement. Based on end-user, the global gastric bands market has been segmented into hospitals, ambulatory surgical centers, and others. Increasing preference for ambulatory surgical centers for minimally invasive surgeries is estimated to drive the use of gastric bands in these settings during the forecast period.

In terms of region, the global gastric bands market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold largest share of the global gastric bands market due to high adoption of technology and health care expenditure.

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Europe is likely to hold a major share of the global market. The market in the region is anticipated to expand at a considerable growth rate. Changing lifestyle and dietary habits are likely to increase obesity in Europe. This is likely to drive the gastric bands market in the country. Initiatives by governing bodies in health care infrastructure development and increasing per capita health care expenditure in emerging markets such as China and India are projected to propel the gastric bands market in Asia Pacific. According to the World Obesity Federation, China is projected to have 48.5 million overweight children by 2025.

Major players operating in the global gastric bands market include Cousin Biotech, Helioscopie SA, Ethicon Endo-Surgery, Inc., Apollo Endosurgery, and MID SAS.

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Proteins C & S Market Shows Strong Growth Forecast 2017 – 2025

Protein C is a vitamin K-dependent glycoprotein produced in the liver and circulated in blood as an inactive enzyme precursor. In order to get itself activated, protein C binds to endothelial proteoglycan thrombomodulin, generally catalyzed by thrombin.

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The anticoagulant activity by activated protein C is exerted primarily through inactivation of coagulation factors viz. VIIIa and Va, which are required for activation of factor X and production of thrombin. The catalytic activity of the activated protein C requires assistance of protein S, a vitamin K-dependent co-factor. Protein S assists protein C in the inactivation of coagulation factors viz. Va and VIIIa. The half-life of protein C is eight hours and that of protein S is 30 hours.

 Lack of activated protein C interrupts and disturbs the equilibrium between procoagulant and anticoagulant proteins and stimulates a prothrombotic environment. Apart from maintaining balance or equilibrium, activated protein C helps in maintaining an appropriate flow of the venous circulation with prolonged exposure of platelet phospholipids and procoagulant proteins. Statistically, the protein C deficiency occurs in approximately one in every 200–500 individuals, whereas the protein S deficiency is found in approximately one in every 20,000 individuals. The disease caused by the absence of any of the natural anticoagulants leads to thrombophilia. The absence or low level of natural anticoagulants is either due to hereditary defects; or acquired out of circumstances such as surgery, cancer; or due to certain contraceptives and menopausal hormone replacement products.

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 Diagnosis of the deficiency of proteins C and S is generally carried out with the help of blood tests conducted to measure the level and activity of natural anticoagulants. The blood test is recommended to be conducted at least 3–4 weeks after discontinuation of medicines such as heparin or warfarin. Several physicians and health care experts suggest repeat test, as abnormal or false results are very common in case of this test. This may be because of pregnancy or presence of birth control pills demonstrating a reduced level of protein C or S. Recent studies have shown that proteins C and S may induce chances of acquiring arterial blood clots in people aged 55 years or below.

Major drivers for the market include growing awareness among people with respect to genetic defects and increasing trend of regular health checkups in developed countries. Major restraints for the proteins C & S market include possible anxiety regarding the diagnosis that never shows symptoms and lack of insurance coverage.

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Geographically, the global proteins C & S market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to expand during the forecast period, followed by Europe. Growth of the market in North America is attributable to increase in demand for advanced treatments, rise in health care expenditure, and high diagnosis rate. Asia Pacific is an emerging market due to developing health care infrastructure, increasing government expenditure, growing patient awareness, and rising number of patients suffering from deficiency of proteins C and S. However, lack of insurance coverage, limited access to health care facilities, and lack of patient education are restraining the proteins C & S market in regions such as Middle East & Africa and Latin America.

Some of the major companies operating in the proteins C & S market are Baxter International Inc., Abbott Laboratories, Trinity Biotech, Siemens AG, Zycare, Inc. Becton, Dickinson and Company, and Sienco Co., Ltd.

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Chondroblastoma Treatment Market To Register Substantial Expansion By 2025

The global chondroblastoma treatment market is majorly driven by increasing incidences of this type of bone cancer and therefore the need for treating and managing this cancer. The global market for chondroblastoma treatment is growing on account of favourable policies implemented by governments across various nations across the globe to fight cancer and its different forms.

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Favourable reimbursement policies are also helping the market to grow. In addition to this, increasing awareness among patients about this form of cancer and urgent need to treat it will also help the development of this market.

The untapped markets in underdeveloped nations are expected to provide lucrative growth opportunities for market players within the global chondroblastoma treatment market. These nations lack proper treatment infrastructure and awareness levels and therefore, improving cancer diagnostic techniques and implementing advanced technology in the treatment procedures of chondroblastoma will greatly enhance the growth of this market. However, the market is regulated by stringent regulations regarding the procurement of draft and this difficulty is expected to pose a challenge for the global chondroblastoma treatment market. In addition to this, the high cost of surgery is expected to be a problem for cause sensitive nations. Lack of awareness among the patients in underdeveloped nations will also act as a restraining factor and hamper the growth of the global chondroblastoma treatment market.

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Competition is increasing the pharmaceutical industry as a large number of players are entering the market and this in turn is expected to bode well for the global chondroblastoma treatment market as each player tries to outdo the other by developing better treatment option and investing extensively in research and development which in turn are resulting into effective treatment methods. Growing investments by government and other bodies for cancer research will also help the global chondroblastoma treatment market to flourish

Chondroblastoma is a type of bone cancer. It develops in the cartilage which lines the pelvis, shoulder, arms, ribs, and thigh. In severe cases, chondroblastoma develops in soft tissues such as nerves and muscles of the limbs. The disease can develop in an individual form an already existing non-cancerous tumor and spread through affected tissue to cartilage and bones across the body to other tissues and vital organs of the affected individual. When chondroblastoma spreads to the breast, it is called metastatic breast cancer. The disease generally affects adults who over 40 years of age. In the U.S., chondroblastoma accounts for nearly 1% of all bone tumors. Nearly 95% of cases occur between the ages 5 and 25, nearly 98% located in epiphysis, 30% near knee, and in some cases it could also occur in calcaneus, talus, and temporal bone.

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Symptoms of chondroblastoma are severe pain, swelling, formation of lump, enlargement of existing growth, difficulty in movement of the affected limb, and formation of pelvic tumors. The onset of these symptoms does not necessarily indicate the onset of chondroblastoma, but one has to get a health examination for proper diagnosis of the disease. Diagnosis of chondroblastoma is carried out using X-ray, ultrasound, MRI (magnetic resonance imaging), blood test, biopsy of the affected tissue, and CT scan (computed tomography).

Surgical treatment aims at removing the tumor, thus preventing further damage to the affected area. Surgical treatment comprises curettage and bone grafting. Bone grafting is the most common treatment for chondroblastoma. The procedure involves scraping of the tumor from the affected bone using specialized instrument, curette, which has a loop present at its tip and is incorporated with a cavity for donor tissue. Once the graft is placed in the area it takes around two to three months to heal. In some cases, surgeons perform extended curettage to remove additional layers of cells around the affected area to reduce the chances of reoccurrence of the disease. In order to restore structural integrity of the bone, a surgeon places pins and internal fixators. The treatment of chondroblastoma is generally carried out through medical therapy and surgical treatment. Chondroblastoma medical therapy is carried out using percutaneous radiofrequency ablation (RFA), which acts as an alternative to surgery in treating the disease. The chances of reoccurrence of chrondroblastoma is approximately 20% after undergoing treatment. Therefore, one has to regularly follow up with the physician. The follow-up care for chondroblastoma includes physical examination and imaging scans.

Major drivers of the global chondroblastoma treatment market are improving cancer diagnostic techniques, technological advancements in surgery such as advanced bone graft material and grafts for replacing the affected area, and increase in mergers and acquisitions by major companies to increase their geographical footprint. Restraining factors of the market are less awareness regarding the disease in underdeveloped countries, high cost of surgery, and difficulty in procurement of graft due to stringent regulations.

In terms of region, the global chondroblastoma treatment market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to be the largest market for chondroblastoma treatment due to higher awareness, presence of major allograft manufacturers, better health care reforms in terms of patient care, and reimbursement. Europe held the second largest market share. Asia Pacific is expected to provide a lucrative opportunity in the chondroblastoma treatment market largely due to increase in disease burden, rise in cancer research, and surge in competitive landscape in the pharmaceutical industry as large number of global players are expanding their business in the region through strategic collaborations with regional manufacturers and research institutes. The chondroblastoma treatment market in Latin America and Middle East & Africa is anticipated to be driven by increase in health care infrastructure and public-private collaborations.

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Major companies in the global chondroblastoma treatment market are Stryker Corporation, Zimmer, Medtronic, Baxter International, DePuy Synthes, Nuvasive, Inc., and Wright Medical Group, among others.

Laser Fibers & Accessories Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025

Fibers laser are lasers that made of optical fibers and act as a gain medium (a medium which can amplify the power of light) for different purposes like cutting, penetrating etc. Fibers laser have high output power, reliability properties. The fiber laser gives high proficiency, cost adequacy, minimal size, vibrational steadiness, and low support, which makes them perfect for use in enhanced applications.

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The modern optical fiber lasers is more minimal, effective, and solid when compare with traditional lasers. Initially, fibers laser were used to cut, vaporize, and removed soft tissue but their usages in the medical field has remarkably increased recently. In view of their minimized size, various wavelength and single-mode operation, fibers laser are now utilized for a variety of medicinal applications that depend on particular wavelength and are of uses. Maintenance free operation makes fibers laser exceptionally appealing for specialists and in the medical field.

Based on equipment type, the fibers laser & accessories market can be segmented into quasi continuous wave (QCW) fiber lasers, pulsed fiber lasers and pumping fiber lasers. The QCW fibers laser likely to expand significantly compared to other segment due to its extensive application in the medical field. Moreover, the QCW fibers laser has high peak power and low heat input features which makes the device effective in performing. In terms of application, the market can be categorized into material processing, telecommunication, spectroscopy and medicine. The medicine application segment can be sub categorized into photo dynamic therapy (PDT), photo dynamic detection (PDD) and non-surgical treatment.

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The material processing segment is expanding at a high growth rate. Use of fibers laser in medicines is also rising, due to high adoption of fibers laser surgery, and dental surgeries. Increasing usage of laser in medical applications, advancements in technology, high quality fibers at a lower cost are factors drives the laser fibers & accessories market. Moreover, the fiber’s wave guiding properties such as reduce or eliminate thermal distortion of the optical path, typically producing a diffraction-limited, and high-quality optical beam makes it important tools in medical use. These advantages have expanded the utilization of laser fibers in the field of medicine to spine surgery, cardiovascular surgery, and eye surgery. However, lack of insurance reimbursements and changes in health insurance policies for the laser fibers treatment have slowed the use of laser treatment. This can affect the market in next few year

In terms of region, the global laser fibers & accessories market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominates global market due to availability of favorable government reimbursement policies for the treatment.

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The region is followed by Asia Pacific. Increasing demand for laser fibers therapy by electronics and medical device companies in Asia Pacific would drive the market. Moreover, availability of inexpensive fiber materials and low cost of labor especially in China several investor enter the laser fibers & accessories market in Asia Pacific. In Europe, technologically advanced laser fiber devices have been rapidly adopted in the field medicine. This would boost the market in Europe in near future. Technological advancements, increasing per capita income, rising expenditure on personal care and growing incidences of diseases specially eye and skin diseases are likely to augment the market for laser fibers & accessories in Middle East & Africa during the forecast period.

Major players operating in the global laser fibers & accessories market are SPI Laser Limited, Active Fiber Systems GmbH, Advalue Photonics, Calmar Laser Inc., Clark MXR Inc., EKSPLA, ELUXI Ltd. EOLITE Systems, Furukawa Electric Co. Ltd., Fianium Ltd. and FiberLAST Inc.

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Sedation Therapy Market Global Industry Demand, Recent Trends, Size and Share Estimation by 2027

Sedation Therapy Market: Introduction

  • The most important objectives of health care services is patient care and comfort. A sedative or tranquillizer is a substance that stimulates sedation by reducing excitement or irritability. These are central nervous system (CNS) depressants and interfere with brain activity and slowing down its activity.

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  • Symptom control is one of the key characteristic of palliative care. Usually, most patients have symptom control of a condition or part of it. However, in several cases, symptomatic control remains elusive. Hence, sedation tests as well as procedures are crucial parts of care that anesthesiologists provide. The manner in which sedation therapy is provided is not consistent between health care centers, and depends on patents. In order to aid in standardization, sedation guidelines have been set up by different governing bodies, health care centers, and small clinics introducing rigorous standards for monitoring, evaluation, and documentation primarily to improve the quality of the practice of sedation.

Key Drivers of Global Sedation Therapy Market

  • The global sedation therapy market is projected to grow at a rapid pace in the next few years. Sedation therapy is commonly used in minor and few major procedures, such as suturing a laceration in emergency department. In some of the cases, sedation therapy is also used in non-painful procedures, wherein patients need to be still for longer period of time such as long diagnostic imaging procedures and most common MRI procedures.
  • With rapid improvements in diagnostic and therapeutic procedures executed outside operating room, precise sedation therapy plays a crucial part in health care procedures. For example, gastrointestinal endoscopy and some of the cardiovascular procedures are the most common procedures performed using non-anesthesia sedation. This scenario is expected to drive the global sedation therapy market.
  • Sedatives such as temazepam, benzodiazepine, and zolpidem are the commonly used sedatives utilized in many purposes such as inducing sleep and numbness during procedures as well as to reduce pain

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North America to Hold Major Share of Global Sedation Therapy Market

  • North America dominated the global sedation therapy market due to increase in number of surgical as well as minimally invasive surgical procedures. According to reports published by annual plastic surgery procedure statistics, more than 18 million minimally invasive and surgical cosmetic procedures were performed in the U.S. in 2017, an increase of nearly 2% over that in 2016. Additionally, technological advancements in the pharmaceutical sector, high adoption of services, and high per capita income are expected to drive the market in the region.
  • Asia Pacific is likely to be the most lucrative market for sedation therapy in the near future due to rapidly developing medical & technological infrastructure and increase in government initiatives

Key Players Operating in Global Market

The global sedation therapy market is highly saturated, with key manufacturers implementing various strategies to gain maximum market share.

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Leading players operating in the global sedation therapy market are:

  • Pfizer, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Bausch Health Companies, Inc.
  • Mylan, N.V.
  • Teva Pharmaceutical Industries Ltd.
  • Sun Pharmaceutical Industries Ltd.
  • Apotex, Inc.
  • Aurobindo Pharma

Global Sedation Therapy Market: Research Scope

Global Sedation Therapy Market, by Type

  • Palliative Sedation
  • Procedural Sedation
  • Twilight Anesthesia
  • Inhalation Sedation

Global Sedation Therapy Market, by Level of Sedation

  • Minimal Sedation
  • Moderate Sedation
  • Deep Sedation
  • General Anesthesia

Global Sedation Therapy Market, by Drug

  • Lorazepam
  • Midazolam
  • Propofol
  • Dexmedetomidine
  • Benzodiazepine
  • Others

Global Sedation Therapy Market, by End-user

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Global Sedation Therapy Market, by Region

  • North AmericaU.S.
  • Canada
  • EuropeGermany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
  • Asia PacificChina
  • Japan
  • India
  • Australia & New Zealand
  • Rest of Asia Pacific
  • Latin AmericaBrazil
  • Mexico
  • Rest of Latin America
  • Middle East & AfricaGCC Countries
  • South Africa
  • Israel
  • Rest of Middle East & Africa

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Alcohol Testing Market Share Analysis and Research Report by 2024

Global Alcohol Testing Market: Overview

The global market for alcohol testing has expanded at a healthy clip and going forward is predicted to hold onto the momentum. This is because, alcohol testers that are used to find out if someone is under the effect of alcohol by scrutinizing samples of urine, hair, saliva, blood, breath, or sweat, will see widespread use on account of growing alcohol consumption worldwide.

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The different types of tests deployed to find out the presence of alcohol, include blood drug test, hair drug test, sweat drug screening, urine drug test, saliva drug screening, and breathe alcohol test. The various equipment used for alcohol testing are infrared (IR) -based equipment, oral fluid testing devices, semi-conductor equipment, urine testing devices, fuel cell-based equipment, chromatography instruments, immunoassay analyzers, and hair-testing devices. On account of the stringent rules against drunken driving, oral fluid testing devices that can be deployed for alcohol testing at road terminals, are seeing swift uptake.

At present, the global market for alcohol testing is dominated by a handful of companies. Depending upon end users, the market is segmented into private sectors, hospitals, rehabilitation centers, and federal departments. A report by Transparency Market Research provides essential information on the market, assesses its size, and future prospects.

Global Alcohol Testing Market: Drivers and Restraints

While the main growth driver in the alcohol testing market is the massive increase in alcohol consumption worldwide, there are other factors too fuelling an uptick in demand. One of them is the burgeoning elderly population in whom an alcohol testing device can help detect the overdose of prescription drugs. Further, stringent government rules to thwart drunken driving that results in road accidents is another stimulant to the market.

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Constant product enhancement leveraging new age sophisticated technologies has led to more effective, lightweight, and inexpensive devices hitting the market. This has spelt good news for the global alcohol testing market as well. Besides focus on product innovation by savvy players, another noticeable trend in the market is the increasing number of mergers and acquisitions.

Social apprehension associated with testing for alcohol, on the contrary, is crimping the growth in the market. At present, oral fluid testing devices, which are portable and can be used to test alcohol in every nook and cranny to arrest the problem of drunken driving, are witnessing maximum demand in the global alcohol testing market. Going forward, however, high precision IR-based testing equipment are predicted to grow at a swifter pace along with fuel cell-based equipment.

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Global Alcohol Testing Market: Geographical Segmentation

Based on geography, the global market for alcohol testing can be divided into Western Europe, Eastern Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. North America, among them, is a market leader due to the host of strict rules and regulations associated with alcohol intake which has led to a massive demand for alcohol testers. North America is trailed by Europe in terms of market share. Asia Pacific and Middle East and Africa, on account of a rising young population and fast-expanding economies of India and China, are predicted to spell opportunities in the years ahead as well.

Global Alcohol Testing Market: Competitive Landscape

To gauge the competitive landscape in the global market for alcohol testing, the report profiles prominent companies such as Drägerwerk AG & Co. KGaA, Bio-Rad Laboratories, Alcolizer, Abbott Laboratories, AK Solutions, Quest Diagnostics, Roche Diagnostics, Lifeloc Technologies, MPD, and BACtrack. The report throws light on their key strategies, market shares, product portfolios, and possible growth trajectory in the next couple of years.

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Wireless Communications/Technologies in Healthcare Market Innovations & Competitive Analysis – Forecast

Wireless Communications/Technologies in Healthcare Market: Overview

The market intelligence study titled “Wireless Communications/Technologies in Healthcare Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023” delves into the prospect of growth of the world market for Wireless Communications/Technologies in Healthcare Market. It also assesses the sequential growth of the said market over the timeframe of forecast that extends from the year 2017 to the year 2025. The said market research study also comprises various non-pervasive and pervasive inclinations and they have also been included in the said report. A detailed snapshot of the said market with the analysis of Porter’s five forces has been provided in a bid to present a concise and clear landscape of the market vendors to the readers. The market intelligence study also points at mergers, important conglomerates, numerous research and development activities, acquisitions, and corroborations. The companies that have been profiled in the study come with thorough examination based on their market shares, prime products, and marketing strategies.

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Technology has played a crucial role in the transformation of the healthcare segment all over the world. During the last decade, progress in the segments of information technology and electronics have taken place at a very fast pace thereby resulting in emergence of innovative wireless devices and its supporting technologies. Such changes have led to easy communication even at the farthest of places. The impact of wireless technology on the modern society has been profound with the healthcare sector to draw tremendous benefit from the adoption of wireless communications / technologies. Mobile and Internet are the two most influential developments that have generated major impact on the industry of healthcare through wireless communications/technologies.

Wireless Communications/Technologies in Healthcare Market: Trends and Opportunities

The transformation of the healthcare industry from the traditional paper-record keeping method to electronic or e-records has bolstered the demand for wireless communications / technologies in the segment for healthcare sector. In addition to that, the high cost that is being incurred for the purpose of installing wired gadgets in the hospitals has resulted in the increasing adoption of wireless technologies in this segment. Information about the patient is often remains scattered in many different locations and often becomes unavailable when needed for any purpose. Wireless technologies that are integrated properly into the practice and hospital systems can streamline and organize the clinician’s or the physician’s work. It can further provide treatment plans that are based on latest evidence to the patients.

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VRF Refrigeration Systems Market Top Scenario, Swot Analysis, Business Overview & Forecast

VRF Refrigeration Systems Market: Overview

Variable refrigerant flow (VRF) refrigeration systems provide variable flow of refrigerant into the evaporators with different capacities and configurations. This enables simultaneous heating and cooling and better heat recovery from one zone to another in a heating, ventilation, and air conditioning (HVAC) system. This flow of refrigerant is controlled by VRF system.

The augmenting demand from commercial and small-medium businesses for flexible design of HVAC systems due to shrinking work-spaces is the key trend driving the demand for VRF refrigeration systems. The compact design and flexible layout in terms of outdoor to indoor units are the added benefits leading to its adoption in commercial as well as residential HVAC systems.

VRF refrigeration market is segmented on the basis of component type and end-use industry. On the basis of component type, VRF refrigeration market is further segmented into indoor units, outdoor units, controllers and parts & accessories. Most of VRF refrigerant systems consist of indoor units to deliver the processed air. Outdoor units are used for heat recovery and control the flow of refrigerant.

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VRF Refrigeration Systems Market: Segmentation

In terms of end-use industry, VRF refrigeration market is further classified as healthcare, commercial buildings, education institutes, government and public sector, retail, manufacturing, banking, financial sector and insurance (BFSI) and manufacturing. On a broader scale, VRF systems are deployed in commercial spaces such as small and medium businesses, shopping complexes and large organizations. This is largely due to easy installation, efficient design and high sustainability provide by the VRF systems, making them an effective choice over other HVAC systems.

The demand-specific flow of refrigerant makes it energy efficient and rising cognizance of energy efficiency in developed as well as in emerging markets makes this a key factor driving the market growth. Along with this, strict government reforms which encourage the use of energy efficient HVAC systems, especially in commercial spaces, is expected to pave the market growth in near term.

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Natural Casing Market Extensively Used By The Majority Of Industries Forecast

Introduction

  • Natural casing refers to sausage skin or simply casing; it is processed from submucosa, a layer of an animal intestine from pigs, cattle, goats, sheep, and sometimes a horse.
  • Sausages are originally made by slicing minced meat and animal fat that is poured into the natural casing or processed into thin films to gain uniform shape in an elastic form.
  • Natural casing helps to process sausages into a crispy texture with good breathability, elasticity, and enhanced flavor of the meat.
  • Natural casing gives a traditional appearance, and texture to sausages, which is found to be attractive among end-users.
  • Increasing consumption of meat products across the globe is likely to boost the growth of the global natural casing market.

Increase in the consumption of sausages

  • In recent years, increase in the consumption of processed meat foods has spurred the growth of the meat industry and meat based fast-food chains across the globe. Consumer preference for consumption of minced meat in the form of sausages and meat-based snacks has directly influenced the growth of the natural casing market. Increasing urban population and changing lifestyle are also factors driving the growth of the natural casing market.

Alternative solutions to natural casing

  • Increase in consumption of meat-based products through commercial kitchens and fast food retailing outlets has impacted the demand for casing. However, easy availability of artificial casing at minimal cost with similar ability as natural casing is expected to hamper the growth of the natural casing market across the globe. In addition, risks associated with numerous diseases from natural casing along with the stringent regulatory laws pertaining to the use of natural casing is expected to remain a challenge for the growth of the market.

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Europe to Hold Leading Share of the Global Natural Casing Market

  • The global natural casing market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the natural casing market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the natural casing market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The natural casing market in South America is segmented into Brazil and Rest of South America.
  • Europe is expected to remain a dominant region in the global natural casing market owing to rise in consumption of sausages in the region.

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Portion Cups Global Market Emerging Trends And Strong Application Scope

Transparency Market Research provides key insights on the portion cups market, in the report titled, ‘Global Portion Cups Market: Industry Analysis and Opportunity Assessment, 2019–2027’. In terms of value, the global portion cups market is estimated to register a CAGR of 6.9% during 2019-2027, owing to various factors. In this report, TMR delivers detailed insights.

Population in the developed economies of Europe and North America have shown higher adoption rates towards biodegradable solutions such as bioplastics and paper. North America has a limited supply of bioplastics, while the presence of paper mills is significantly high in the region. Furthermore, low cost of the paper portion cups has driven the consumer preference for these over bioplastic portion cups.

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As a result, market share of the paper portion cups segment in the North American region is around 10% higher than the global portion cups market average. Consumer demand for dips is the primary driver for the growth of the portion cups market. Increasing eating-out expenditure of North American consumers is one of the prominent factors responsible for driving the growth of the portion cups market in the region. North America has high demand for guacamole and hummus dipping sauce, which is further projected to rise at a significantly high pace during the period 2019-2027.

Asia Pacific is the geography where more than 60% of the world’s population resides. Although, the present annual consumption of sauces, dressings, and condiments per capita here is much lower than that of North America and Europe, limiting the present portion cups market share of the geography. Rapid adoption of Western culture in the developing economies of Asia Pacific, specifically India, has driven the growth of the consumption of fast foods and dipping sauces. Thus, the Asia Pacific region represents huge potential for the portion cups market.

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Automotive Cooling Fan Market Will Escalate Rapidly in the Near Future

Transparency Market Research has published a new report titled, “Automotive Cooling Fan Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global automotive cooling fan market is projected to exceed US$ 64 Bn by 2026, expanding at a CAGR of more than 4% during the forecast period.

According to the report, the global automotive cooling fan market is likely to be driven by a range of macroeconomic and industry-specific factors. Europe is expected to be at the forefront of global demand, with the OEM market in the region expanding at a CAGR of about 7% between 2018 and 2026.

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Several systems of vehicles such as engine cooling, transmission, and HVAC require a cooling system. The thermal efficiency of these components has a direct impact on the fuel economy, performance, and comfort of a vehicle. The cooling system plays a crucial role in modern vehicles owing to all the parameters mentioned above. The modern trend in the automotive industry toward manufacturing of powerful engines, which generate high heat and require cooling fans, has been rising consistently in recent years. Increase in passenger vehicle sales across the globe is a major factor driving the global automotive cooling fan market. Most OEMs are integrating the latest technologies along with advance electrical systems that require cooling for better performance. Increasing demand for latest technology and the rise in demand for enhanced fuel-efficiency in vehicles are key factors that are likely to boost the automotive cooling fan market during the forecast period.

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Brake Lathes Market Demand Is Likely To Continue In Future

Introduction

  • Brake lathes refer to disc brake lathe machines or drum brake lathe machines – a type of lathe machine used in industrial applications.
  • A brake lathe is an efficient tool or instrument used to resolve noise and vibration issues; it is often used to prolong the life of brake systems.
  • Brake lathe mainly helps to remove the imperfections from a rotor’s surface by making it smooth and even. It also helps to remove the accumulated debris and grime from the outer surface of the rotor on a consistent basis to make it smooth and even with the lowest point.
  • Brake lathes are generally used to minimize the brake pedal movement. These are quick, durable, and reliable tools used for better servicing of vehicles.

Increasing Number of Vehicles

  • Increase in the disposable income of individuals and rapid growth in regional economies has driven the sales of vehicles. Increasing purchase of vehicles by individuals, governments, and private institutes is expected to drive demand for vehicles. This factor influences the growth of the brake lathes market across the globe.

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Growth in Demand for Electric Vehicles

  • Implementation of stringent laws by regulatory bodies to reduce toxic air pollution has encouraged manufacturers to seek alternate solutions to curb the usage of diesel and gasoline based conventional vehicles and encourage electric vehicles. As per the International Energy Agency, the number of electric vehicles on the road across the globe is expected to hit 125 million by 2030. In addition, rapid growth in electrification of vehicles across the globe is an opportunity for the growth of the brake lathes market in the near future.

Asia Pacific a Potential Market for Brake Lathes 

  • The global brake lathes market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the brake lathes market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the brake lathes market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The brake lathes market in South America is segmented into Brazil and Rest of South America.
  • Asia Pacific is expected to remain a potential market for brake lathes owing to rapid growth in the number of vehicles across the region.

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Man Portable Rocket Launchers Market Receive Overwhelming Hike In Revenues

A rocket launcher is a firearm system that launches a missile-propelled projectile and rockets. These launchers comes in numerous shapes, sizes and uses. Based on the technique of application, they are categorized into large-scale variants such as vehicle-mounted rocket launchers and infantry variant rocket launchers such as man-portable. Man-portable rocket launchers are likely to be carried by a group of individuals or an individual to the location of operation, whereas, vehicle-mounted rocket launchers are attached on any type of vehicles like ships, aircraft, tankers, trucks and armored vehicles.

Emergence of multi featured systems is one of the major trend in the global man portable rocket launcher market. For instance, Saab developed a lightweight, man-portable recoilless rifle, M3 Carl Gustaf, which is a combination of bazooka and an artillery gun. The propellant at the base of the projectile like a rocket stops the system from burning beyond the barrel hence, the thrust of the rocket aids in rapid forward movement of the missile. The system is developed recoilless by allowing the propellant gas to be engaged backward.

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The increasing requirement for lightweight rocket launchers is likely to boost the growing prospects for the global man-portable rocket launcher market during the forecast period from 2017 to 2025. To support soldiers at the time of combat operations they are likely to carry several pounds of armed weapons and additional weapons to the battleground that includes batteries and weapon systems. Subsequently these equipment and weapons are heavy to carry, it is essential to offer the soldiers with lightweight gears to augment their enactment on the battleground. For example, certain lightweight rocket launchers are RGW 90, M3 Carl Gustaf, RPG-7 and RPO-A Shmel. Additionally, one of the key factors accountable for reducing the load of rocket launchers is the implementation of smart textiles. Consequently, numerous weapon dealers have begun swapping the heavyweight portable rocket launchers and conventional mortars with highly accurate and lightweight systems.

The introduction of launchers having less collateral damage is driving the growth prospects for the global man-portable rocket launcher market during the forecast period. Moreover, they are designed to decrease the flash, firing noise and smoke. Additionally, the ability of these less collateral damage rocket launchers to break doors or walls of buildings at the time of an assault in urban combat operations is growing its demand in the market.

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Industrial Radiography Equipment Market is Booming Across The Globe Explored In Latest Research 2020 – 2027

Industrial Radiography Equipment Market

According to a new market research report published by Transparency Market Research titled ‘Industrial Radiography Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global industrial radiography equipment market was valued at US$ 574.8 Mn in 2018 and is expected to expand at a CAGR of 6.75% from 2019 to 2027, to reach value of US$ 1,032.7 Mn by the end of the forecast period.

Growing popularity of industrial radiography across the globe to fuel the market

Industrial radiography is increasingly being used in various sectors, such as aerospace & defense, semiconductor, and oil & gas, in order to ensure the structural integrity of products and identify faults, if any, in the manufacturing of components. This is projected to augment the demand for industrial radiographs across the globe. This, in turn, is likely to fuel the industrial radiography equipment market during the forecast period.

Increasing miniaturization in the semiconductor industry to fuel the global industrial radiography equipment market

Over the last few years, the semiconductor industry has been flourishing across the globe, especially in developing economies such as China and India. There have been several technological advancements in the field of semiconductors as the size of electronic components continues to shrink and the demand for high-performance products with increased efficiency in terms of power consumption is increasing. The shrinking size of components makes it difficult to conduct quality tests on components such as printed circuit boards (PCBs), wafers, plug contacts, and wiring. With the help of industrial radiography, it is possible to carry out nondestructive analysis of electronic components such as surface-mount devices (SMDs) and column grid arrays; to identify solder bumps in ICs; and to study the thickness of materials coated on PCBs. Industrial radiography is increasingly being used in the semiconductor sector by key players engaged in the manufacture of electronic components in order to ensure high quality and efficient performance.

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Digital radiography segment to expand at a rapid pace throughout the forecast period

Based on imaging technique, the global industrial radiography equipment market has been divided into film-based radiography and digital radiography. Furthermore, the digital radiography segment has been sub-segmented into direct radiography, computed radiography, and computed tomography. Owing to high quality of images generated with the help of digital radiography, the digital radiography segment is expected to expand at a rapid pace during the forecast period. High quality of images makes it possible to better analyze the quality of components under consideration.

Asia Pacific to be rapidly expanding market for industrial radiography equipment led by rising popularity of laundromats in the region

In terms of geography, the global industrial radiography equipment market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2018, North America was the leading market, followed by Europe. The market in Asia Pacific is expected to expand at the maximum CAGR from 2019 to 2027, due to rising popularity and growing adoption of industrial radiographs across various sectors in the region.

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Key players focusing on expanding their footprint worldwide and gain a competitive edge

Key players operating in the global industrial radiography equipment market are focusing on the development of new products and their introduction in the market to gain a competitive edge and improve their brand positioning in the market. For instance, in November 2018, Fujifilm Corporation announced that it would be adding two new digital radiography (DR) detectors i.e. the Calneo Dual (available only in Japan) and the FDR ES to its portfolio of digital radiography solutions. Furthermore, major players are engaged in forming strategic alliances with peers and less established players in order to gain market share. Key players operating in the global industrial radiography equipment market are Fujifilm Corporation, Comet Group, Shimadzu Corporation, Nikon Corporation, and North Star Imaging.

 

Semiconductor Wafer Cleaning Equipment Market Global Industry Demand, Recent Trends, Size and Share Estimation by 2027

The top three players in the global semiconductor wafer cleaning equipment market are Lam Research Corporation, Tokyo Electron Limited, and SCREEN Holdings Co. Ltd., states Transparency Market Research (TMR) in a research report. In 2018, these companies held a collective share of 87.7%. The leading companies operating in the global market for semiconductor wafer cleaning equipment are incessantly focusing on activities relating to research and development to keep pace with the constantly evolving semiconductor industry. The market is likely to witness a significantly high competition over the years ahead. The leading vendors are likely to get into less mergers and acquisitions keeping in mind the consolidated nature of the market. On the other hand, in order to give rise to lucrative opportunities in the future, the players are likely to extremely focus on research and development activities.

According to a TMR analyst, “The global market for semiconductor wafer cleaning equipment is projected to rise at a 7.7% CAGR from 2019 to 2027. In 2019, rising from a valuation of US$ 5.11 bn, the market is likely to be of worth US$ 7.28 bn by the end of 2027.” Based on equipment, the market was led by the rotary wafer etching systems segment in 2018 owing to the rising use of wafer cleaning and processing devices in the production of several smart gadgets. Region-wise, the global market for semiconductor wafer cleaning equipment is likely to be reigned by Asia Pacific over the course of the forecast period, closely trailed by North America. The growth of the market in these regions can be attributed to the growing demand for consumer electronic appliances.

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Market to Benefit from Proliferating Demand for Single Wafer Processing

One of the center advocates of minifab operations is the utilization of single wafer preparing. Administrators are moving in huge numbers towards the minifab, which permits the diminishment of process durations for a great deal of procedures. It makes utilization of hydrogen fluoride and ozonized water in its use of single turn preparing innovation to do as such, making single wafer processing the best driver for the worldwide semiconductor wafer cleaning equipment market. The worldwide semiconductor wafer cleaning equipment market is additionally finding a strong pace of advancement through the blasting demand for printed gadgets. This section of the semiconductors industry is making waves as far as advancement endeavors and demand because of its predominance more than a few sorts of traditional gadgets in various industry verticals. This is likewise making a stunning volume of interest for semiconductor wafer cleaning equipment over the world.

Players to Face Difficulties Because of Cost Related Issues

The worldwide semiconductor wafer cleaning equipment market is as yet an issue for a considerable measure of new contestants and additionally little and even medium-sized players to extend their part in it. The substantial cost of foundation is the main issue in charge of a lower generation volume and player enthusiasm, as putting forward in the worldwide semiconductor wafer cleaning equipment market requires a huge measure of beginning speculation, as well as support, and innovative work endeavors. This is a particularly high need worry in rising economies where players may essentially not have the capacity to bear to manage themselves in the market.

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Speedier improvement is the place a considerable lot of the main players in the worldwide semiconductor wafer cleaning equipment market are looking to for answers, and many of them have discovered a few. One of the main elements anticipated that would acquire more open doors for the players in this market is the presentation of new predominant materials.

This review of the market is based on a recent report by Transparency Market Research, titled, “Semiconductor Wafer Cleaning Equipment Market (Products – Auto Wet Stations, Scrubbers, and Single Wafer Processing Systems; Technologies – Wet Chemistry Based Cleaning Technology, Etch Cleaning Technology, and Front Side Up Cleaning Technology; Equipment – Rotary Wafer Etching System, Manual Wet Batch System; and End Users – Metallic Contamination, Chemical Contamination, and Particle Contamination – Global Industry Analysis Size Share Growth Trends and Forecast 2019 – 2027.

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High Resolution Dispensing Systems Market Size, Trends, Scope, Competitive Landscape and Forecast by 2027- TMR

High Resolution Dispensing Systems Market

The competitive landscape in the global high resolution dispensing systems and equipment market is consolidated, as top five players held 50% share in the market in 2018. Leading players paved their way by concentrating more on innovative technologies and developing advanced items. Owing to these strategies, players are able to strengthen their positions and expand their geographical reach. Players are also making deliberate efforts to meet the growing demand from various end-user industries. To name a few leading players operating in the global high resolution dispensing systems and equipment market are Dover Corporation, Nordson Corporation, AptarGroup, Inc., Jensen Global Inc., Franklin Fueling Systems Inc., and Musashi Engineering Inc.

According to Transparency Market Research report, the global high resolution dispensing systems and equipment market is projected to rise at steady CAGR of 6.30 over the projected tenure between 2019 and 2027. If the market progresses at this growth rate, the market valuation will reach up to US$ 3.75 bn by the end of 2027. In 2018, the market earned US$ 2.16 bn.

The demand for automatic dispensing systems that falls under the product category has gained huge attention and acquired a larger share in the market in 2018. Manufacturers developing automatic dispensing systems are using automatic variants due to its multiple advantages. Moreover, automatic dispensers help in preventing dispensing in wrong locations that encourages overall productivity, lowers the chances of part failure, and reduces cost.

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With respect to geography, Europe held dominant share in the global high resolution dispensing systems and equipment market 2018 and is expected to lead the market over the projected tenure. Increasing use of advanced technology and higher investments in the electronics industry strengthen position of this market. Moreover, Asia Pacific market is also projected to contribute in growing the global high resolution dispensing systems and equipment market.

Increasing Application Various Industries to Expand Market Performance

Integration of automation in various industries is the key driving factor behind the growth of the global high resolution dispensing systems and equipment market. In fact, the growing needs customization, accuracy, and control among the end-users is also expected to fuel growth in this market. Moreover, increasing employment of high resolution dispensing systems and equipment in various industries such as automotive, aerospace and defense, and oil and gas is also anticipated to provide a fillip in this market.

Adding further, growing use of high resolution dispensing systems and equipment in the electronic industry might also create growth opportunities in this market in the coming years. High resolution dispensing systems and equipment is used in electronic applications such as protecting, kiting, and plastic holding to gain high accuracy and precision.

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Expensive High Resolution Dispensing Systems and Equipment Could Limit Market Growth

As the cost of high resolution dispensing systems and equipment is generally higher than ordinary dispensing systems and equipment which might restrain growth in this market. This cost is increased due to innovation taking place in high resolution dispensing systems and equipment which overall increases the cost of products. Moreover, design limitations are also projected to restrict growth in this market. However, increasing demand for precision and accuracy might encourage the growth in the global high resolution dispensing systems and equipment market.

The study presented here is based on a report by Transparency Market Research (TMR) titled “High Resolution Dispensing Systems and Equipment Market (Type – Semi-Automatic and Automatic; Application – Electronics (Adhesive and Sealant Dispensers, Glue Dispensers, Liquid Material Dispensers, and Powder Dispensers)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027”.

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Body Armor Market Predicted to Accelerate the Growth by 2019 – 2027

Body Armor Market

According to a new research report published by Transparency Market Research the global body armor market is expected to reach value of more than US$ 3,200 Mn by 2027, expanding at a CAGR of around 4% from 2019 to 2027. According to the report, the global body armor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, North America is projected to continue to be a prominent region in the global body armor market, with the market in the region expanding at a CAGR of more than 4% between 2019 and 2027.

Global Body Armor Market: Overview

  • The global body armor market is expected to be driven by the rising demand for technologically-advanced and light body armors, especially in countries that are consistently modernizing their defense systems.
  • Rise in terror threats around the world has also led to the adoption of body armors in the defense forces of several countries, in an attempt to protect their military personnel.

Level IV Segment Prominent in the Global Body Armor Market

  • Level-IV body armors provide protection from .30 caliber armor-piercing (AP) bullets (U.S. military designation M2 AP), having nominal mass of 10.8 g (166 gr), impacting at a minimum velocity of 869 m/s (2850 ft./s) or less. They also provide at least single-hit protection from Level I, Level II-A, Level II, and Level III attacks.
  • Factors such as the implementation of Soldier Modernization Programs and replacement of obsolete body armors with advanced variants are driving the Level IV segment in the body armor market.

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Composite Ceramics a Highly Lucrative Material Segment of the Global Body Armor Market

  • Ceramics used in combination with polyethylene-based materials are capable of offering Level IV protection and repelling armor piercing ammunition.
  • The composite ceramics segment held a 47.55% share of the global body armor market, in terms of revenue, in 2018.
  • The demand for composite ceramic body armors is expected to remain high throughout the forecast period, as they are extensively used for military purposes.

Defense Segment to Dominate the Global Body Armor Market

  • The defense segment accounted for a leading share of the global body armor market in 2018, and it is anticipated to expand at a high CAGR during the forecast period.
  • The increasing demand for providing defense suits with enhanced ballistic- and stab-resistance for soldiers is one of the primary factors fueling the defense segment in the body armor market.

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North America to be a Highly Lucrative Market for Body Armor

  • In terms of geography, the global body armor market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America dominated the global market, holding 43.5% of the market share in 2018. The body armor market in the region is expected to expand at a high CAGR during the forecast period.
  • In North America, the U.S. is anticipated to be a major market for body armor. The continuous procurement of latest and highly-advanced body armors by military organizations in the U.S. is likely to drive the body armor market in the country during the forecast period.
  • Increasing incidences of handgun crimes are also expected to drive the body armor market in North America.

Body Armor Market: Competition Landscape

  • With the objective of business expansion, several players operating in the global body armor market are expanding their offerings through investments in new product development. An increasing number of players are spending significantly on R&D activities to develop technologically-advanced and lightweight body armors.
  • Some of the prominent players operating in the global body armor market are Point Blank Enterprises, Inc., BAE Systems, Inc., Australian Defence Apparel Pty Ltd, ArmorSource LLC, Survitec Group Limited, Sarkar Defense Solution, MKU Pvt. Ltd., KDH Defense Systems, Inc., Safariland, LLC., U.S. Armor Corporation, Du Pont (E.I.) De Nemours., and Honeywell International Inc.

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Surge Arresters Market – Growth, Top Trends, Size, Demand, Analysis, Overview and Outlook 2019 to 2027

Surge Arresters Market

The highly concentrated structure of the competitive landscape of the global surge arresters market ensures intense rivalry between leading players, finds Transparency Market Research in a recent study. In 2018, the top five surge arrest manufacturers, namely, ABB Ltd., Eaton Corp., Schneider Electric, Emerson Electric, and General Electric, jointly held a share of more than 60% in this market. To withstand this competition, companies are currently focusing on technical advancements of existent offerings. Product innovation is also expected to gain prominence over the coming years in order to retain their positions in the global market.

Growing Need to Protect Home Appliances from Sudden Power Surge Fuels Demand for Surge Arresters

With the increasing disposable income, a growing desire for a comfortable living can be seen among people all over the world. Electronic devices play a crucial role in providing a comfortable life for the working population, which is why their demand is witnessing new highs on a regular interval. The ongoing technical advancements in consumer electronic appliances are also creating a huge demand for them.

In order to function properly, these appliances require a steady uninterrupted supply of power; however, in most of the cases, they lack inbuilt protection from electricity fluctuation. The irregular flow of power may result in fire and damage household items and their surroundings. Surge arresters, such as voltage regulators and surge protectors, provide efficient protection against such electrical damages by adjusting and normalizing power consumption, ensuring the safety of electronic appliances. The growing need to protect home appliances from sudden surges in electricity is boosting the demand for surge arresters significantly across the world.

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Imminent Growth in Power Generation to Present Opportunity-rich Market to Surge Arrester Manufacturers

Analysts at TMR expect surge arresters to witness a healthy rise in demand over the forthcoming years too. In emerging economies, the rising concerns over the depletion of natural energy resources have created a huge opportunity for the production of electricity from non-renewable resources. This imminent growth in power generation is anticipated to present an opportunity-rich market to the manufacturers of surge arresters. However, the additional cost involved in the installation of these devices may hinder this growth to some extent over the years to come.

North America Leads among Regional Markets for Surge Arresters

Transparency Market Research estimates the global opportunity in the surge arresters market to increase from US$ 2.07 bn in 2018 to US$ 3.25 bn at a CAGR of 5.10% between 2019 and 2027. Among the regional markets, North America tops the list in terms of the surge arrester consumptions. In 2018, the region generated a revenue of US$ XX bn, accounting for a share of 32% in the overall market. By 2027, the contribution of this region to the overall revenue is expected to increase to US$ XX bn. However, due to the strong performance of other regions, it is likely to witness a decline in its overall share in the years to come.

The high voltage surge arresters segment has occupied the key position among all the product segment. Analysts predict it to remain the same throughout the forecast period. Surge arresters will continue to find utmost demand in industrial applications over the forthcoming years, says TMR.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Surge Arresters Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

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Fluorochemicals Market is expected to increase with a healthy CAGR of 5.3%

With a significant emphasis on building product portfolios by key players, the global fluorochemicals market has become saturated, especially in North America and Europe, observes Transparency Market Research in a recently published report. Most of the manufacturers are striving hard to match up to the endless demands of fluorochemicals from numerous sectors. There are several businesses who are shifting their focus towards expanding in emerging economies in Asia Pacific and the Middle East and Africa. Some of the prominent players in this market are Daikin, Asahi Glass, Honeywell, Mitsui Chemicals, DuPont Inc., and Solvay SA, amongst several others.

The Fluorochemicals Market Research grossed US$16.88 bn in 2016. During the forecast period from 2016 to 2025, the market is expected to increase with a healthy CAGR of 5.3%, and reach a valuation of US$26.71 bn by the end of 2025.

In the global fluorochemicals market, the product segment of fluorocarbons is expected to dominate the market in the next few years. This is mainly due to the rampant use of these compounds in packaging industry as refrigerants, aerosol propellants, and blowing agents. The segment’s leading position is also due to the strength and stability of the compounds’ covalent bonds, which make them appropriate for usage as solvents, lubricants, and stain repellants.

The global fluorochemicals market is spread across five key regions: Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa. Of all these regions, Asia Pacific is predicted to depict maximum growth rate in the next few years, with a rough value estimation of US$15.21 bn by the end of the forecast period. Other markets such as the Middle East and Africa and Latin America are also expected to show a high growth rate during the same forecast period.

Global Flourchemicals Market.jpg

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Demand for Air Conditioning and Air Propellants Boosts Market Growth

One of the foremost driving factors for the global fluorochemicals market is the rising demand for refrigerants. These are mainly required for ventilation, heating, air conditioning, HVAC, and even in the food and beverages sectors. Compounds such as hydrochloroflurocarbon (HCFC) and hydrofluorocarbon (HFC), which are included under the fluorochemical products, are prime components needed while manufacturing the hydrocarbons. Hence, the rise in use of these hydrocarbons is significantly responsible for providing a tailwind to the market.

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Another factor that is expected to propel the global fluorochemical market’s growth is the increasing use of air conditioning, heaters, and other sources of ventilation. The various advantages of fluorocarbons is another factor that is being perceived as a prominent market growth propellant. Some of them are anti-corrosive characteristics, high electrical insulation, resistance to chemicals and heat, repellant nature to oil and water stains, etc.

Rising Environmental Concerns Could Hinder Sales

Countering the growth in the market, however, are several restraints too. They have directly affected the revenue generation of the global fluorochemicals market. A prime obstacle is the rising environmental concerns regarding usage of these fluorochemicals, which has caused several governments to form regulations to slowly phase out their utilization. Another restraint involves non-uniform availability of the source fluorospar mineral, without which fluorochemicals cannot be made. However, newer products and less harmful fluorocarbons are currently in the research and development phase. Once introduced in the market, they will help overcome the environmental challenge.

This review is based on the findings of a TMR report, titled, “Fluorochemicals Market (Product – Fluorocarbons (HCFC and HFC), Fluoropolymers, and Fluoroelastomers; Application – Refrigerants, Aluminum Production, Aluminum Foams, and Electricals and Electronics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

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Geosynthetic Cementitious Composite Mats Market Size Boosting the Industry Worldwide

Global Geosynthetic Cementitious Composite Mats Market: Introduction

  • Geosynthetic cementitious composite mats (GCCM) present a revolutionary material technology that enables use of concrete on slopes, in water, and in other hard-to-access sites, without requirement for mixing
  • GCCM is an engineered concrete in the roll form. It is fabricated with a three-dimensional configuration, which reinforces the concrete, featuring exceptional durability and strength.

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  • GCCM can be quickly cut and secured in place, which makes it highly suitable for use in rehabilitating or reinforcing of a culvert or drainage ditch or berm
  • Geosynthetic cementitious composite mats typically feature an upper-surface fabric, through which water can penetrate during hydration, and a bottom surface  consisting of a PVC membrane that acts as a permeable barrier.
  • Once hydrated, a GCCM cures quickly and remains flexible for up to two hours. It can be easily manipulated to fit contours of irregular installations. Geosynthetic cementitious composite mats can be installed in rains, unlike regular concrete, which eliminates the delay in construction or rescheduling caused by weather conditions.

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Key Drivers of Global Geosynthetic Cementitious Composite Mats Market

  • Due to their unique characteristics including easy installation and lower cost of maintenance, geosynthetic cementitious composite mats market is likely to witness substantial demand from sectors such as transportation, erosion control, landfill, storm water management, and mining between 2019 and 2027
  • Protection of steep slopes is expected to be one of the most rapidly growing uses of GCCM in the next few years, wherein geosynthetic cementitious composite mats offer several advantages over other traditional options

Global Geosynthetic Cementitious Composite Mats Market: Application Segments

  • Based on application, the global geosynthetic cementitious composite mats (GCCMs) market can be divided into channel and ditch lining, erosion control & slope protection, weed suppression, roads & highways, rail, mining, and others (including berm protection and culvert lining)
  • Ditch or channel lining areas present significant potential for use of GCCMs, as these mats can be rapidly unrolled to form a ditch or channel lining. In contrast to the conventional concrete channel lining, GCCMs are not only easier and quicker to unroll, but they are less expensive and they do not require expensive equipment.
  • Erosion control and slope protection is likely to be another prominent area of application for geosynthetic cementitious composite mats. GCCMs can be used to protect slopes as a replacement for shotcrete and steel mesh. They are typically quicker to install and more cost effective; they require fewer specialist plant equipment; and they eliminate the risk associated with shotcrete rebound and debris.

North America to be a Key Market for Geosynthetic Cementitious Composite Mats

  • In terms of region, the global geosynthetic cementitious composite mats market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America and Latin America are likely to prominent markets for geosynthetic cementitious composite mats during the forecast period. For instance, in October 2015, a geosynthetic cementitious composite mat was used to line a series of ditches along a railway in Liberdade, Minas Gerais (Brazil). The site had severe access issues. Several of the ditches were cut into steep slopes on either side of the railway.

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Key Manufacturers Operating in Global Geosynthetic Cementitious Composite Mats Market

The global geosynthetic cementitious composite mats market was highly fragmented in 2018. Key manufacturers operating in the global market include:

  • Concrete Canvas Ltd.
  • Nilex Inc.
  • Signature Systems Group, LLC
  • Mabey Inc.
  • GEOFABRICS AUSTRALASIA PTY LTD

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Phenyl Methyl Silicone Resins Market SWOT Analysis 2019-2027: End Users, Region, Growth Rate and Sales

Phenyl Methyl Silicone Resins Market: Introduction

  • Phenyl methyl silicone resins are relatively low molecular weight polymeric compounds with a 3-D branched structure. These resins offer excellent water repellency and superior thermal stability due to weathering. These resins are generally used in applications that require high temperature compatibility and resistance to UV radiation.

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  • China and India are high potential countries of the phenyl methyl silicone resins market. Rise in household income, increase in urbanization, and growth of FDI investments, especially in the automotive sector are expected to fuel the demand for phenyl methyl silicone resins in these countries during the forecast period.

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Key Drivers of Global Phenyl Methyl Silicone Resins Market

  • Growth in construction, infrastructure, and automotive industries; and wide adoption of newer coating technologies are estimated to create lucrative opportunities for the market during the forecast period. Latin America and Asia Pacific are projected to create immense opportunities for phenyl methyl silicone resins during the forecast period due to the growth in economic activities in these regions. Currently, these regions are implementing rigid VOC emission regulations. Awareness regarding the environmental impact of products is rising among consumers in Latin America and Asia Pacific.
  • Coating formulators are focusing on reducing their carbon footprint. Innovations in the fields of water-based coatings, UV-cured coatings, and powder coatings are rising. These technologies have lower carbon footprint vis-à-vis solvent-based technologies. Thus, these technologies are widely being adopted. Companies are also increasingly focusing on developing bio-based coatings.
  • Demand for phenyl methyl silicone resins is high among cookware manufacturers due to their superior stability to temperature. The electrical & electronics applications of phenyl methyl silicone resins include resistor coating and surface damp proofing.
  • Bio-based resins, which are not derived from petrochemical feedstock, are renewable, and have performance similar to traditionally used coating resins. Thus, bio-based coatings provide immense opportunities for manufacturers.

Automotive Segment to Offer Lucrative Opportunities

  • In terms of application, the automotive segment accounted for leading share of the global phenyl methyl silicone resins market in 2018. It is estimated to maintain its dominance during the forecast period, owing to its excellent thermal resistant properties, which include superior water repellency and thermal stability.
  • Phenyl methyl silicone resins are widely used in the automotive sector due to their superior water repellency, release properties, and surface hardness compared to other traditional resins. Some automobile manufacturers also use these resins to coat the car exhaust. Some grades of phenyl methyl silicone resins are also employed in surface treatment applications such as silicone-based pressure sensitive adhesives and epoxy adhesive surfaces.

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Stringent Regulations Regarding VOC Emissions Likely to Hamper Market

  • Paints and coatings is a major source of VOC emissions. Volatile organic compounds (VOCs) emit odor; cause pollution of the indoor environment; and prove to be harmful to human health. Therefore, stringent regulations have been imposed on VOC emissions from paints and coatings.
  • Solvent-based coatings are widely used types of coatings. However, their high VOC content has led to their replacement by water-based formulations and high-solid formulations. This is estimated to hamper the global phenyl methyl silicone resins market during the forecast period.

Asia Pacific to Hold Major Share of Global Phenyl Methyl Silicone Resins Market

  • In terms of value and volume, Asia Pacific dominated the global market in 2017. This trend is projected to continue during the forecast period due to the growth in the paints & coatings industry and rise in demand for architectural and automotive coatings in in the region.
  • North America and Europe constitute large share of the global phenyl methyl silicone resins market. Expansion of the market in these regions is likely to be sluggish due to the implementation of stringent regulations regarding VOC emissions.
  • Latin America and Middle East & Africa are likely to be attractive regions of the phenyl methyl silicone resins market during the forecast period. Latin America constitutes countries such as Brazil and Mexico, which are major automotive manufacturing countries in the world. They are also manufacturing hubs for numerous industries. Economic growth in these countries is estimated to create opportunities for the phenyl methyl silicone resins market in Latin America.

Key Players in Global Market

Key players operating in the global phenyl methyl silicone resins market include:

  • JAMES HARDIE INDUSTRIES PLC
  • Dow Chemical Company
  • Evonik
  • Wacker Chemie AG
  • Momentive
  • Siltech Corporation
  • Jiang Xi Xin Jia Yi New Materials Co., Ltd.
  • Iota Silicone Oil (Anhui) Co., Ltd
  • Hubei Jia Yun chemical technology CO., LTD
  • Genesee Polymers Corporation
  • Hubei Xinsihai Chemical Engineering Co., Ltd.

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Pressure Sensitive Adhesives Market Insights will expand at a healthy 5.2% CAGR over the period between 2013 and 2019

Transparency Market Research has announced the publication of a new market research report covering the Pressure Sensitive Adhesives Market Insights. The report is titled “Pressure Sensitive Adhesives Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” and is available on the company website for sale.The report states that the market will expand at a healthy 5.2% CAGR over the period between 2013 and 2019 and rise from a valuation of US$5.6 bn in 2012 to US$7.9 bn by 2019.

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Pressure sensitive adhesives refer to chemical/polymer formulations that bond surfaces together or bond with a surface when pressure is applied. A variety of pressure sensitive adhesives, such as medical tapes, supplies and wound care products, automotive and industrial tapes, and labels for consumer goods, are commonly used in a variety of settings on a regular basis. Common use of these products can be seen across sectors such as automotive, electronics, packaging, footwear, construction, furniture, and several other consumer goods. Typically, pressure sensitive adhesives are obtained from substances such as natural rubber, acrylic, silicon, EVA (ethylene vinyl acetate), and butyl.

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The report states that the market will be driven mainly by the rising demand for economical adhesives in the fields of labeling and packaging. However, the constant fluctuations in prices of oil-based feedstock and certain regulations limiting the use of products with a high proportion of volatile organic compounds (VOCs) will limit the overall growth of the market to a certain extent.

The report presents qualitative and quantitative data related to all key market elements. The market has been segmented on the basis of three criteria: product type, application, and geography.

On the basis of product type, the market has been segmented into water-based, hot melt, solvent-based, and radiation-cured pressure sensitive adhesives. Of these, the water-based pressure sensitive adhesives segment accounted for the dominant share in the market, followed by the segment of solvent-based pressure sensitive adhesives, in 2012.

On the basis of application, the market has been segmented into tapes, specialty products, graphics, labels, dental adhesives, automotive trims, and notepads. Of these, the segment of tapes dominated the market in 2012, accounting for a share of 40% in the global market. The segment of labels is expected to expand at a 5.1% CAGR over the report’s forecast period. The high demand for labels will result from the rising adoption of RFID labels in the field of consumer goods.

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Of the key regional markets studied in the report, Asia Pacific led the global pressure sensitive adhesives market in 2012, accounting for a share of over 40%.The report also gives a holistic account of the competitive landscape of the global pressure sensitive adhesives. The report presents business profiles, new project feasibility analysis, SWOT analysis, finance-related details, and other data pertaining to some of the major vendors in the market along with an analysis of recent developments and inputs from industry experts.

Some of the major vendors in the market profiled in the report are Avery Dennison Corporation, 3M Company, Ashland Inc., Bostik SA, BASF SE, Ellsworth Adhesives, Dow Chemical Company, Henkel AG & Co. KGaA, H.B Fuller Company, and LG Chem.

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UV Fluorescent Ink Market Analysis Latest Trends, Demand and Analysis 2027

UV Fluorescent Ink Market: Introduction

  • UV fluorescent ink is employed in UV printing, which is a form of digital printing. The printer distributes ink on the surface of substrate. Then, specially designed UV lights are used to cure the ink rapidly.
  • UV florescent ink undergoes the photochemical process under the presence of UV lights that leads to quicker drying of the ink on substrates
  • Curing by UV lights helps refrain stains through any kind of printing. High quality printing can be achieved by the application of UV fluorescent inks. Thus, UV fluorescent inks are being employed in various end-use industries such as automobile, consumer goods, medical, publications, and printing.

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  • Rise in demand for precision printing and growth in awareness about health hazards caused by conventional inks have increased concerns regarding the safety of the packaged food. This, in turn, is driving the demand for UV fluorescent ink market across the globe. However, higher prices of raw materials are estimated to hamper the UV fluorescent ink market during the forecast period.

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Packaging Application to Account for Key Share of UV Fluorescent Ink Market

  • The UV fluorescent ink is highly efficient in terms of cleaner application and low volume consumption for larger area of substrate. Furthermore, UV fluorescent ink offers better energy efficiency than water or solvent-based inks. Thus, UV fluorescent ink is the preferred alternative for packaging of FMCG products.
  • Implementation of stringent regulatory norms regarding food packaging, primarily in Europe and North America, has augmented the demand for safer ink alternatives. Therefore, increase in demand for food packaging is anticipated to positively impact the UV fluorescent ink market during the forecast period.

Asia Pacific to Dominate Global UV Fluorescent Ink Market

  • In terms of geography, the global UV fluorescent ink market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is a key region of the global UV fluorescent ink market. High demand for packaging, due to the increase in popularity of packaged food to cater to the demand of the ever-growing population in countries such as China, India, and Indonesia, is anticipated to drive the demand for UV fluorescent ink in Asia Pacific.
  • Rise in penetration of Internet and large young population with high buying power has led to establishment of the e-commerce industry in emerging economies of Asia Pacific. Increase in use of e-commerce has augmented the demand for packaging materials in the region. This is driving the demand for UV fluorescent inks owing to its precision of operation.

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  • Growth in the FMCG industry in Asia Pacific owing to significant increase in disposable income is anticipated to drive the demand for UV fluorescent ink in the region during the forecast period

Key Players in UV Fluorescent Ink Market

Key players operating in the global UV fluorescent ink market engage in research and development activities to gain competitive advantage in terms of new product developments. Major players operating in the global UV fluorescent ink market include:

  • Eastern marking machine corp.
  • APV engineered coatings
  • Dartronics Inc.
  • ITW Trans Tech
  • Leibinger Inkjet
  • Ruco USA
  • Ricoh Company
  • DIC Corporation
  • Toyo Ink Co., Ltd
  • T&K TOKA CO., LTD

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Isobutyronitrile Market Revenue Dynamics, Segments and Supply Demand 2019– 2027

Isobutyronitrile Market: Snapshot

Isobutyronitrile is an organic compound used in a wide range of applications. While this compound is colorless in nature, its demand is consistently increasing owing to its large-scale use in manufacturing of paints and coatings, hydraulic fluids, lubricants, and cosmetics. This situation signifies potential for the growth of vendors active in the Isobutyronitrile Market Revenue.

Isobutyronitrile is gathering traction among a wide range of industries owing to numerous properties. Good flowability, better control of polymerization, slower aging of polymers, foam homogeneity, and stability of pigments are some of the key prosperities that make this compound fit for use in many applications. This factor is projected to drive the growth of the Isobutyronitrile market on worldwide level.

In agriculture industry, Isobutyronitrile is used in the manufacturing of fertilizers and pesticides. Growing demand from this industry is anticipated to offer promising growth avenues for the growth of the global Isobutyronitrile market. Isobutyronitrile has smell similar to that of almond. Its use in diverse purposes makes it highly in-demand compound.

Isobutyronitrile is employed as a catalyst in the polymerization of ethylene and as a gasoline additive. In addition, it also finds application in pharmaceutical industry and ink manufacturing. All these applications highlight growing demand for Isobutyronitrile in these sectors. New players entering in the global Isobutyronitrile market can utilize this opportunity. Improving their production capacity will help them in fulfilling the rising demand for products in the global Isobutyronitrile market. At the same time, it will help them to be in the list of well-established players in the marke

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Major companies are chasing various strategies such as partnerships and collaborations. These moves are helping them to maintain their position in the global Isobutyronitrile market. Some of them are engaged in mergers and acquisition activities to lead the market. All these efforts highlight the potential for the growth of this market during upcoming period.

Isobutyronitrile Market: Introduction

  • Isobutyronitrile is an organic compound in the form of colorless liquid with an almond-like odor. It is used as intermediate for insecticides; catalyst in the polymerization of ethylene; and gasoline additive.
  • Isobutyronitrile derivatives are employed in fertilizers, paints and coatings, ink ingredients, pharmaceutical intermediates, hydraulic fluids, lubricants, and cosmetics

Key Drivers of Isobutyronitrile Market

  • The global isobutyronitrile market has been expanding, due to the increase in demand for isobutyronitrile in the production of pharmaceuticals, paints and coatings, and fertilizers
  • Isobutyronitrile exhibits various properties such as better control of polymerization, good flowability, slower aging of polymers, foam homogeneity, and stability of pigments. This is expected to enhance its usage in various applications.
  • Isobutyronitrile is employed in the production of fertilizers and pesticides. Demand for isobutyronitrile in the agriculture industry is also expected to increase, as new development in insecticides are being reported

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Chemical Intermediate Application Segment to Offer Lucrative Opportunities

  • In terms of revenue, the chemical intermediate application segment is anticipated to account for significant share of the global market, owing to the high demand for isobutyronitrile in various active ingredients and chemical production processes
  • Isobutyronitrile is widely used in the production of isobutanol, which is employed in a wide range of applications from gasoline additives to plasticizers in plastics and rubber industries

Toxicity and Harmful Nature to Hamper Market

  • Isobutyronitrile can cause irritation when it comes into contact with eyes. It causes weakness, headache, nausea, and vomiting if swallowed or inhaled. It is toxic for skin and may cause damage to organs.
  • Implementation of various regulations on manufacture and usage of isobutyronitrile, owing to its harmful effects, is expected to act as major factor restraining the market in the near future

Asia Pacific Expected to Hold Major Share of Global Isobutyronitrile Market

  • In terms of region, the global isobutyronitrile market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is estimated to constitute major share of the market, owing to the presence of large companies producing fertilizers, pharmaceutical products, and chemicals in the region China is projected to account for prominent share of the market in the region, due to the growth of the pharmaceuticals industry in the country
  • Increase in consumer spending on pharmaceuticals is likely to boost the pharmaceuticals industry in Asia Pacific. This, in turn, is expected to augment the isobutyronitrile market in Asia Pacific.
  • Usage of isobutyronitrile is restricted in various developed countries such as Germany, France, the U.K., and the U.S., owing to the implementation of various regulations on hazardous chemicals in these countries. This is anticipated to adversely affect the isobutyronitrile market in North America and Europe during the forecast period.
  • The isobutyronitrile market in Middle East & Africa is estimated to expand at a significant rate during the forecast period. The market in the region is in the developing stage. Key players are investing significantly to expand their footprint in Middle East & Africa.

Key Players in Market

The global isobutyronitrile market is fragmented, with the leading manufacturers accounting for approximately 20% to 25% share. Prominent players operating in the isobutyronitrile market include:

  • BASF SE
  • Dow Chemical Company
  • Eastman
  • Arkema
  • Mitsubishi Chemical
  • Tokyo Chemical Industry UK Ltd.
  • TCI America Formosa Plastics
  • Shandong Jianlan Chemical
  • Beijing Eastern Petrochemical
  • Yancheng Chunzhu Aroma

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Radiation Shielding Materials Market Report Explored in Latest Research 2019– 2027

Radiation Shielding Materials Market: Introduction

  • Radiation shielding can minimize the effect of radiation by blocking particles through a barrier material. Radiation shielding is a process of directing the effects and level of entrance of radioactive beams, according to the type of radiation involved.
  • Radiation protection or radiation shielding is defined by the International Atomic Energy Agency (IAEA) as protection of people from harmful effects of exposure to ionizing radiation.
  • Shielding reduces the intensity of radiation depending on the thickness. The effectiveness of shielding depends on the preventing power of radiation particles, which varies with the type and energy of radiation and the shielding material used.

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Key Drivers of Radiation Shielding Materials Market

  • Preservation of human safety and structural materials that may be compromised from radiation exposure is a key characteristic of radiation shielding materials
  • Increase in usage of nuclear energy, rise in usage of radiation therapy, and growth in usage of nuclear medicines are expected to propel the radiation shielding materials market during forecast period
  • High cost associated with radiation shielding equipment is anticipated to hamper the market to some extent in the near future. However, strengthening of regulations and improvement of healthcare infrastructure in emerging countries are likely to create lucrative opportunities for the radiation shielding materials market in the near future.

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Radiation Shielding Materials Market: Product Segments

  • Based on product, the global radiation shielding materials market can be divided into ceramicrete, plexiglas, depleted uranium, tin, antimony, tungsten, bismuth, lead, rubber, PVC, and others
  • Lead is a common choice for usage in fabricating radiation shielding products. Lead is fabricated into different product forms such as lead glass, lead bricks, and lead wools to provide radiation shielding and protection.

Radiation Shielding Materials Market: Radiation Type Segment

  • Based on radiation type, the global radiation shielding materials market can be classified into electromagnetic radiation, particle radiation, acoustic radiation, and gravitational radiation
  • Variants of electromagnetic radiation include radio waves, microwaves, infrared, visible light, ultraviolet, x-rays, and gamma radiation
  • Most prevalent types of particle radiation include alpha radiation, beta radiation, and neutron radiation. Variants of acoustic radiation include ultrasound, sound, and seismic waves.
  • Thermal conductivity is an essential factor in selection of a suitable material for shielding against different types of radiations. Consideration for secondary radiation effects from the shield material itself is another crucial factor. Other parameters include acquisition cost, fabrication methods, weight, transportation costs, installation costs, waste involved, and ultimate scrap value of the material.

Radiation Shielding Materials Market: End-use Segments

  • Based on end-use, the global radiation shielding materials market can be segregated into diagnostic centers, hospitals, oncology department, nuclear energy plant, radiography centers, and others
  • Upward trend in health care spending across the globe, rise in number of diagnostic imaging centers, and increase in awareness about safety among the population are expected to drive the demand for radiation shielding materials in the near future

Asia Pacific to be Key Region of Global Radiation Shielding Materials Market

  • In terms of region, the global radiation shielding materials market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is anticipated to lead the radiation shielding materials market due to rise in adoption of radiation therapy, increase in number of hospitals, and surge in awareness about radiation safety in countries such as India and China.

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Key Manufacturers Operating in Market

The global radiation shielding materials market was highly fragmented in 2018. Key manufacturers operating in the global market include:

  • ETS-Lindgren
  • Marshield Radiation Shielding
  • Nelco Inc.
  • Ray-Bar Engineering Corp.
  • Spira Manufacturing
  • Sealing Devices Inc.
  • Select Fabricators Inc.
  • Amray Radiation Protection
  • Gaven Industries Inc.
  • A&L Shielding

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Coronavirus’s Impact On Automated Storage and Retrieval System (ASRS) Market

Global Automated Storage and Retrieval System (ASRS) Market: Overview

Thanks to the emergence of the global automated storage and retrieval system (ASRS) market, the materials flow and control are improved by technologically evolving. ASRS is controllable system that uses load recovery to automatic positioning of goods from predetermined storage locations. Automated storage and retrieval systems (ASRS) is used by a wide range of industries, including chemicals, automotive, food and beverages, e-commerce, and others. Automated storage and retrieval systems minimize labor costs while enhancing the efficiency and productivity.

Global Automated Storage and Retrieval System (ASRS) Market: Notable Developments 

The global ASRS market is growing at a rapid rate, and is boosted by the swift advances in technology. Here are some notable developments that could impact the global automated storage and retrieval system market in the coming years:

  • Smart Material Handling System

The launch of a AS-30 Sliding Shoe Sorter was announced in November 2015 by Wynrights, a subsidiary of the Daifuku North America Holding Company and a leading U.S. provider of smart material handling systems. The introduction of such innovative products is expected to boost the automated storage and retrieval system (ASRS) market.

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  • Knapp AG Expansion Plans

Knapp AG has been expanding its North American headquarters in Georgia in June 2017. In June 2017 the Knapp AG has been announced. This growth is reported to increase to 150 US staff and hosts technology shows, showrooms and training facilities in the company. Expansions of such prominent players are expected to benefit the global ASRS market extensively.

  • Daifuku Partnership with Fast Retailing

Daifuku and Fast Retailing signed a Strategic Partnership Agreement in October 2018. These two companies will contribute to a long-term business development for both companies, as well as a stable logistical function. This partnership will involve them. Fast Retailing and Daifuku will make use of their knowledge and experience for logistics reform and enhancement. Daifuku is a prominent vendors operating in the global automated storage and retrieval system (ASRS) market, and is likely to remain a dominant name in the coming years.

Key players in the global automated storage and retrieval systems market include Dematic, Murata Machinery, Daifuku, Beumer Group, System Logistics Corporation, and KNAPP AG.

Ultra-Hard Material Cutting Machines Market is expected to reach more than 7000 units by the end of 2027

The demand within the global market for ultra-hard material cutting machine has been rising on account of advancements in the industrial sector. Several new and old technologies are collectively used across industrial units to cut hard materials. The vendors in the global ultra-hard material cutting machine market are making ardent efforts to ensure that their revenue index regularly improves. Furthermore, the vendors have made rational choices with regards to manufacturing and marketing which is projected to bring in key revenues into their kitty. The leading vendors have prioritized customer satisfaction, and have made premium efforts to attract new consumers.

It is expected that the lucrative opportunities floating in the global ultra-hard material cutting machine market would soon be capitalized upon by the larger vendors. Moreover, the success of leading vendors has also persuaded newbie entities to enter into the global ultra-hard material cutting machine market. There medium-sized vendors in the global ultra-hard material cutting machine market stand a strong chance of becoming renowned entities in the market. This can be achieved by these vendors through acquisition of smaller vendors and by following the path traced by the larger vendors. Some of the key vendors operating in the global ultra-hard material cutting machine market are Incorporation (The U.S.), OGI Systems Ltd. (Israel), GF Machining Solutions (Switzerland), Coherent Incorporation (The U.S.), and Rollomatic Inc. (The U.S).

Transparency Market Research (TMR) predicts that the global ultra-hard material cutting machine market would expand at a healthy CAGR of more than 10.0% over the period between 2019 and 2027. Furthermore, the total worth of the global ultra-hard material cutting machine market is projected to touch more than US$1.81 bn by 2027-end, rising up from a value of US$988.04 mn in 2018. On the basis of geography, the demand within the market for global ultra-hard material cutting machine in Asia Pacific is expected to increase at a starry rate.

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Use of Several Ultra-Hard Materials in Industries

The manufacturing sector is a haven of multiple domains wherein a range of products are used. Amongst these, several products and materials fall under the category of ultra-hard materials. Hence, the manufacturing sector has emerged as the most prominent consumer within the global ultra-hard material cutting machine market. Furthermore, the use of metals and ores that harden on being subjected to heat or other chemical processes are also in great demand across several industries. This factor is also prognosticated to bring in voluminous revenues into the global ultra-hard material cutting machine market.

Popularity of Laser Cutting to Propel Market Demand

Several techniques for cutting hard surfaces, ores, metals, and materials have been developed in recent times. However, no other technique surpasses the effectiveness of laser cutting technologies, and the latter are in tremendous demand across the globe. Hence, the global market for global ultra-hard material cutting machine is expected to expand at the back of growing popularity of laser cutting in multiple industries. The market for global ultra-hard material cutting machine is also expanding alongside greater availability of electrical discharge machines across industrial units and manufacturing outlets.

Consumer Beverage Packaging Market Huge Growth Opportunity by 2026

Leading vendors in the global consumer beverage packaging market are concentrating on enhancing their product portfolio in a bid to gain a competitive edge. Some of the leading companies in the market, as profiled by a Transparency Market Research report, include Subaru Corporation, Ryobi Limited, Lifan Industry (Group) Co., Ltd, Briggs & Stratton Corporation, Wuxi Kipor Power Co. Ltd., Toshiba Corporation, Hyundai Motor Company, Generac Holdings Inc., Champion Power Equipment, Inc., Yamaha Motor Co., Ltd., and Honda Motor Co., Ltd.

According to a Transparency Market Research (TMR) report, the global consumer beverage packaging market is expected to witness an average expansion, with sales increasing at a CAGR of 4.7%, in terms of volume, during the forecast period. The global consumer beverage packaging market is estimated to bring in more than US$ 130,000,000 Mn revenues by 2026-end.

global consumer beverage packaging market

Manufacturers focusing on Acquisition of Firms Specialized in Product Design

The consumer beverage packaging is witnessing evolving trends that are likely to impact the brand packaging design and also influence the way consumer interact with packaging for beverages. Personalization is one such trend that is growing in the beverage packaging on a faster phase. Brands are engaging with customers on a more personal level by offering personalized experience. For instance, companies introducing personalized bottle with names for some special occasions, making customer feel more connected with the brand. Meanwhile, lightweight bottles and cans are also becoming popular among various brands, thereby offering convenience to the customers and saving cost on the raw material for brands.

Manufacturers in the beverage packaging market are also focusing on partnership and acquisition of firms specialized in product design specialized. This is expected to help in expansion of product portfolio with unique offering, thereby attracting customers. Advanced robotic machineries are also finding place in beverage packaging companies to reduce wastage, boost the production process and reduce errors with the help of real-time data collected on various stages in the production process. Also, the focus on packaging that can keep beverage fresh for a long time with any preservatives is also increasing. Bottles and cans in range of sizes with easy-to-open feature are also being introduced in the market. The trend of transparent packaging and clear packaging is also rising, enabling customers to actually see what product looks like.

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Consumer Beverage Packaging Market to Record Fastest Expansion in North America

The consumer beverage packaging market is slated to record the fastest expansion in North America, in terms of value and volume, through 2026. In terms of value, the market will register similar CAGRs in Asia-Pacific excluding Japan (APEJ) and North America through 2026. Revenues from consumer beverage packaging sales in North America however will account for the largest market share during the forecast period, followed by Europe and APEJ. In terms of value, the markets in Japan and Latin America are projected to rise at nearly equal CAGRs through 2026, with Latin America estimated to remain relatively more lucrative than Japan for the consumer beverage packaging market’s growth.

Automotive Wiper Component Aftermarket Expected To Surpass Us$ 15 Bn

According to a new market report published by Transparency Market Research  “Automotive Wiper Component Aftermarket – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”, the global wiper system market for automotive is expected to expand at a CAGR of more than 5%, during the forecast period, to surpass US$ 15 Bn by 2026.

The global automotive wiper component aftermarket is projected to expand at a CAGR of more than 5% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). Increased usage of electronics and the demand for luxury have led to the development of driver assistance features such as rain sensing and is thus, driving the demand of rain sensors. Front wipers being mandatory, in order to maintain clear vision, account for a prominent share of the automotive wiper component aftermarket.

wiper component aftermarket market

Wiper blades being a wear and tear part have a low shelf-life of six months to one year. The wiper blades erode due to their sustained usage and exposure to the environment. The wiper blade offers robust aftermarket potential as it is a serviceable part and requires periodic replacement. Rise in awareness among the consumers and the expansion of dealership and garages are driving the automotive wiper component aftermarket.

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Increased preference for cross-overs and SUVs is boosting the market of wiper blades and wiper motor. The shift in consumer preference toward cross-overs and compacts from sedans, as they are cheaper than SUVs yet aesthetically impressing, is expected to drive the automotive wiper component aftermarket. SUVs, compacts, and cross-overs are adopting rear wipers and their increased adoption is projected to fuel the wiper motor and wiper blade segments of the automotive wiper component aftermarket.

Adoption of rear wipers by luxury automakers such Porsche, BMW, and Mercedes is probably expected to further propel the rear wiper market .The used car industry is witnessing expansion due to gaining consumer confidence and increase in number of first-time buyers opting for used cars. Rise in number of used cars is boosting the automotive wiper component aftermarket, as they require frequent maintenance. The average age of vehicle is increasing, owing to the change in people’s preference to retain their vehicle and not scrap it. Increase in aged vehicle fleet on the road is a major driver for the automotive wiper component aftermarket.

Coronavirus Impact on Virtual Reality in Education Market

Global Virtual Reality in Education Market: Introduction

Virtual reality enables a user to communicate with a three-dimensional image or virtual world created by a machine. Virtual reality increases a student’s engagement. As a hands-on, engaging, immersive experience, it presents students with a new form of learning, providing exciting new opportunities they could not have encountered before.

The effect of Corona virus has directly affected the development of the market. As a consequence of the corona virus lockout, the majority of classrooms, colleges and educational institutions closed, which directly hindered the demand for VR in the education sector.

Global Virtual Reality in Education Market: Dynamics

  • Increasing adoption of virtual reality devices
    • Earlier, adoption of virtual reality devices was low due to their prohibitive cost. However, adoption of virtual reality gear has improved owing to technical advances and economies of scale of major businesses. The growing affordability of virtual reality devices and applications is one of the key drivers of development for virtual reality in the education field. The production of consumer models of VR headphones, such as VR Cardboard by Google and GearVR  by Samsung, which are integrated with smartphones, results in reduced price. In comparison, companies such as Oculus, HTC, and Sony have reduced the price of their VR devices. Affordability of VR hardware, combined with the emergence of easy-to-use content production tools, is projected to accelrate the VR market in the eduction sector

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North America Led the Global Market in 2019

  • Based on region, the global virtual reality in education market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • North America held a dominant share of the global virtual reality in education market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in this region. Enhanced focus on the effectiveness of VR in the education industry, along with the advent of low-cost, reliable VR hardware, is expected to substantially fuel the growth of the virtual reality in education market in this region over the projected period.
  • The virtual reality in education market in Asia Pacific is expected to expand at the highest CAGR during the forecast period. China, India, and Japan are some of the major countries which drive the market in this region. Rising demand for advanced education programs in India, China, and Japan is likely to augment the market in the Asia Pacific region.

Key players operating in the global virtual reality in education market are listed below:

  • Alchemy Immersive
  • Avantis Systems Ltd.
  • EON Reality Inc.
  • Facebook Technologies, LLC.
  • Google
  • HTC Corporation
  • RegattaVR
  • Samsung
  • Schell Games
  • Sony

COVID-19 Impact On Military Electro Optical and Infrared Systems Market

Electro optical and infrared systems are the most essential part of military operations. These systems includes a broad assortment of discrete technologies that are centered on mission requirements and target acquisitions. The electro optical and infrared systems are used in diverse military applications like land-based, airborne and naval.

The military electro optical and infrared systems market is mainly driven by progresses in sensor technology, that has given rise to the solidification of proficiencies of the multi-sensor electro optical targeting pods, including target laser range finders, compass thermo graphic sensors, low-light television cameras and laser spot detectors. With broad changes in terms of manufacturing of subcomponents and components in Electro Optical and Infrared systems, the global military Electro Optical and Infrared systems market is likely to witness considerable growth during the forecast period.

Some of the airborne electro optical and infrared systems are observation systems, optic sights, night vision systems and helmet mounted displays. Increasing territorial disputes between countries leads to the increasing focus on naval warfare thereby driving different naval agencies to update the target acquisition proficiency of their existing naval platforms with improved Electro Optical and Infrared systems combat systems and sensors.

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The rising preference for small unmanned aerial vehicles owing to their strategic benefits has driven technology providers to design contracted electro optical and infrared systems that are likely fixed with small unmanned aerial vehicles and are proficient of dissipating adequate heat without compromising on the performance of a contracted UAVs. Rising alarms about evolving cost-effective cooling technologies have amplified the opportunities for the cooled thermal imaging camera providers. It has also stimulated the propagation of Electro Optical and Infrared systems within the defense industry since the sensors used in thermal imaging cameras are likely to advance the surveillance capabilities and target detection of contracted UAVs.

The global military electro optical and infrared systems market based on platform type is bifurcated into air, land and naval. On the basis of system type, the market is bifurcated into targeting system, imaging system and electronic support measures. Based on sensor technology type, the market is segregated into scanning sensor and staring sensor. On the basis of imaging technology, the market is bifurcated into hyper spectral and multi spectral.

Polymerase Chain Reaction (PCR) Market Recent News Global Trend, Gross Earning and Emerging Growth Opportunity by 2026

Transparency Market Research (TMR) has published a new report titled, Polymerase Chain Reaction (PCR) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global PCR market is projected to reach over US$ 7.0 Bn by 2026 expanding at a considerable CAGR from 2018 to 2026. North America is expected to dominate the global PCR market during the forecast period, due to high adoption of technologically advanced molecular diagnostic products, growing incidence of infectious diseases, rising prevalence of various types of cancer, growing trend of self-diagnosis of diseases, and affordability of high-cost testing processes for people in the region.

polymerase-chain-reaction-market.jpg

Reagents Segment to Dominate the Global PCR Market

The report offers detailed segmentation of the global PCR market based on product and end-user. In terms of product, the market has been segmented into instruments, reagents, and consumables. The reagents segment held the leading market share in the year 2017 and is expected to expand at the highest CAGR during the forecast period. This is attributable to high consumption of reagents for the PCR technique. Introduction of advanced reagents specific to the type of test is expected to boost the global demand for PCR reagents in the near future. PCR reagents include template DNA, PCR primers and probes, dNTPs, PCR buffers, enzymes, and master mixes. PCR consumables mostly include PCR tubes, plates, and other accessories required to conduct PCR reactions. The instruments segment has been sub-categorized into standard PCR systems, RT PCR systems, and digital PCR systems. Among these, the digital PCR systems sub-segment is expected to witness growth at a significantly rapid pace during the forecast period. This is attributable to advantages of digital PCR systems such as precision, sensitivity, accuracy, reproducibility, direct quantification and multiplexing, and speed of the analysis.

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Pharmaceutical & Biotechnology Industry Segment Held a Major Share of the Global PCR Market in 2017

The PCR technique has been found to be useful in pharmaceutical and biotechnology research activities as well as microbial quality testing. The technique is also applied in genetic engineering. Genetic engineering is the key driver for the global PCR market. It is used to identify genes related to certain phenotypes including genetic disorders. Regular testing of the microbial load of raw materials and finished products is an important process in the pharmaceutical & biotechnology industry. Sophisticated analytical methods such as polymerase chain reaction (PCR) have been widely applied for quality control analysis in the pharmaceutical sector.

Market in Asia Pacific to Expand at a High CAGR

Molecular diagnosis has revolutionized the modern diagnosis technology. PCR has become a method of choice in early and accurate detection of diseases. Expansion by leading manufacturers of PCR products in the Asia Pacific region by strengthening of the distribution network and new product launches in developing countries of Asia Pacific are key factors likely to drive the PCR market in the region during the forecast period. Moreover, rise in the incidence of cancer and infectious diseases has resulted in increase in the demand for use of the PCR technique in clinical diagnosis of these diseases in Asia Pacific. For instance, according to the Korea Central Cancer Registry published in 2016, there were 217,057 cancer cases in South Korea in 2014. Moreover, in 2016, the WHO estimated that the Asia Pacific region has the second-highest number (i.e. 5.1 million) of people living with HIV across the world. Thus, Asia Pacific is expected to be the most lucrative market for PCR by 2026.

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Competition Landscape

Major players operating in the global PCR market are Bio-Rad Laboratories, Inc., QIAGEN N.V., F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Inc. Becton, Dickinson and Company, Abbott, Siemens Healthcare GmbH (Siemens AG), bioMérieux SA, Danaher Corporation, and Agilent Technologies. Key players are expanding their product portfolio through mergers and acquisitions and partnerships and collaborations with leading pharmaceutical and biotechnology companies and by offering technologically advanced products.

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Dental Cements Market Growing Size & Share with Emerging Trends in the Market 2017 – 2025

The global dental cement drugs market was valued at approximately US$ 785.4 Mn in 2016 is projected to register cumulative annual growth rate (CAGR) of over 4.8% from 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled “Dental Cement Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. The report suggests that surge in rising number of dental caries, aesthetic look and dental medical tourism are important factors responsible for the growth of the market in the coming years (2017 to 2025). As key players introduce their advanced dental cements in developed markets such a North America and Western Europe, these regions are likely to account for dominating share of the global dental cement market. Changing dietary habits and medical tourism in emerging markets such as China and India is likely to boost growth of Asia Pacific dental cement market at a CAGR of around 5.4% from 2017 to 2025.

dental-cement-market.jpg

High Operational Costs for Dental Procedures to Restrain the Growth of Global Dental Cement Market

The cost of dental procedures such as dental implants is very high, making them unaffordable for many patients.

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According to a report published by UBS (Universal Bank in Switzerland), in 2016, the penetration of dental implants in the U.S. was still below 15% of tooth restorations. Many patients cannot afford dental implants, which can cost US$ 3,500 for a single tooth replacement and up to US$ 10,000 for a full denture in the U.S., and instead receive traditional treatment. According to an article published on Health-Tourism.com, the cost of dental implant for six teeth in U.S. clinics is US$ 18,500 whereas it costs only US$ 3,600 in Mexico and dental implant for one teeth costs around US$ 2,000 to US$ 10,000 in the U.S. and the same procedures costs US$ 1,000 in Mexico.. With rising cost of dental procedures individuals delay their dental procedures and these factors there by restraining growth of global dental cement market.

Temporary Cement Segment to Lose Market Share

The report offers detailed segmentation of global dental cement market based on product type, material type and end users. Among the product class, permanent dental segment is poised to account for leading share of the global market during the forecast period from 2017 to 2025. The rising number of cosmetic dental surgeries has accelerated the growth of permanent dental cements. Also, with increasing geriatric population there is a need for artificial casts. All the factors would accelerate the growth of the permanent segment. The permanent dental cement is anticipated to grow at a CAGR of 5.1% during the forecast period. The slow growth of temporary cement is characterized by increasing number of cosmetic dentistry across the globe. The use of temporary dental cements in cases of immediate restoration will also drive the growth of the segment.

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Glass Ionomers to Be the Most Promising Material Used

By material type the glass ionomers segment is expected grow at a CAGR 5.7% during forecast period and hence dominates the global dental cement market by material type. The growth of the segment is attributed with the increasing growth of the hybrid or resin modified glass ionomers cement. Glass ionomers cement is an acid – soluble calcium and has fluoride in it which inhibits recurrent decay. The cement causes less trauma or shock as compared to other cements. However, the slow growth of the segment is due to few of its disadvantages such as type I & II cements are used in restoration of primary dentition. Polycarboxylate dental cement is the less contributing segment for the growth of the global dental cement market and the segment is expected to grow with a CAGR of 4.1% during the forecast.

Asia Pacific to Register Exponential Growth Due to Rising Medical Tourism

In terms of value, Asia Pacific is expected to grow at a CAGR of 5.4% during the forecast period. Rising dental medical tourism in India due less cost of dental procedures. According to an article published on India Medical Times, in the U.S. and U.K., dental implants and tooth colored composite fillings costs around US$ 3,500 and US$ 500 respectively; however, dental implants and tooth colored composite fillings treatment costs around US$ 800 to US$ 1,000 and US$ 20 to US$ 40 respectively in India. According to the Tourism Dental India, in 2013, around 28% patients from European countries and 21% patients from North America contributed to the growth of dental tourism in India, and according to the Confederation of Indian Industry, the number of foreigners visiting India for dental treatment is expected to rise by 15% every year. According to Patients Beyond Borders, in 2014 over 1.2 million Americans traveled abroad for health and dental care

Key Players such as 3M, Dentsply Sirona, Ivoclar Vivadent AG are Likely to Continue to Lead the Global Dental Cement Market

The report also provide profiles of leading players operating in global cardiovascular drugs market include 3M, Danaher Corporation, Dentsply Sirona, Ivoclar Vivadent AG, SHOFU Dental GmbH, BISCO, Inc., SDI Limited, DMG Chemisch-Pharmazeutische Fabrik GmbH, FGM Produtos Odontológicos, Medental International, Inc.. Expansion of dental cement portfolio through improving existing product portfolio along with continuous innovation in the dental restorative material.

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Coronavirus’s Impact On Solar Pumps Market

Global Solar Pumps Market: Introduction

Transparency Market Research delivers key insights on the global solar pumps market. In terms of revenue, the global solar pumps market is estimated to expand at a CAGR of ~ 12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the solar pumps market report.

A solar pump is a major solar equipment product. It consists of a pump and a PV panel that has semiconductors. When this panel is exposed to sunlight, current gets generated and it helps pump water. Solar pumps have a wide range of applications, from household to agriculture and irrigation. The solar pumps market is anticipated to grow at a rapid pace during the forecast period, due to an increase in agricultural and irrigation activities, mainly in developing countries in Asia Pacific and the Middle East & Africa.

The solar pumps market is growing due to the rising demand for pumps in domestic and agriculture applications, mainly for supply water in farms and for irrigation. Also, solar water pumps are increasingly being preferred in oil and gas fracking activities to reduce the environmental impact of these activities. The growing adoption of solar energy for irrigation and agriculture activities across the globe is the major driving factor of the solar pumps market.

solar pumps market segmentation

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However, lack of technological knowledge and lack of awareness about solar technology, and limited understanding about the rural market for solar equipment, are major factors causing the lower adoption of solar pumps in developing countries. Manufacturers do not have a clear idea about the full potential of the market due to the limited understanding of the rural market.

These factors are anticipated to hamper the growth of the solar pumps market during the forecast period. People prefer electrical pumps instead of solar pumps due to lower maintenance costs. Also, these can be easily controlled by an automated system. Additionally, the capital cost of solar pumps is high, and it also requires some more inputs which make the electric pump more attractive and cheaper. The solar pumps market is expected to get hampered during the forecast period, due to increasing electrification across developing countries.

Hemostasis Market | Newest Industry Data, Future Trends And Forecast 2024

Global Hemostasis Market: Overview

Hemostasis, the body’s normal physiological response to stop bleeding after a vascular injury, is a key procedure in the first line of action attempted post an injury, by the body itself or by medical respondents.

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Preventing significant loss of blood is vital for the survival of a patient, making hemostasis the focus of widespread research and study. Owing to the critical nature of the procedure, the market for hemostasis products has gained a prominent position in the field of medicine and healthcare.

This report on the global hemostasis market is an attempt to give the reader in-depth insights regarding the present state of technological advancements, available products in the global market, highly anticipated products that are undergoing clinical trials, and future scope of development. The report includes a snapshot of the market considering detailed market data pertaining to key segments and sub segments. An exhaustive account of the present market value or prominence of these segments and sub segments for global as well as key regional markets is also included in the report.

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The research includes data that has been collated from primary and secondary research efforts. Market size in terms of revenue (US$ mn/bn) and volume (Kilo Tons) are includes for all the segments for the period between 2016 and 2024, with 2015 considered the base year for research. Past data according to popular trends has also been included in the report. A thorough account of the key factors such as drivers, restraints, challenges, past and present trends, key regulations, rules, and opportunities in the market is also included in the report.

Global Hemostasis Market: Drivers and Restraints

The rising global prevalence of Hemophilia A and B, the most common inherited bleeding disorders, a significant surge in a variety of surgeries and trauma patients, and the rising use of recombinant products are collectively driving the global hemostasis market. The rapid rate of introduction of cost effective and biodegradable products in the global market is also aiding the growth of the market. Growth across cost-sensitive emerging markets is being essentially a product of the easy availability of cost-effective products. However, the vast saturation in the global hemostasis market and high cost structures of advanced hemostasis product varieties are hampering the growth of the market.

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Global Hemostasis Market: Segmentation

The report segments the global hemostasis products market on the basis of criteria such as product type and geography. On the basis of product type, the market is segmented into: infusible hemostats, topical hemostats, and advanced hemostats and sealants.

The segment of topical hemostats is further segmented into oxidized regenerated cellulose, collagen, and gelatin. Topical hemostats find significant usage in surgery settings and are the most preferred hemostats as compared to other varieties owing to their ease of use, cost effectiveness, biodegradable nature, and efficiency. Of the key types of topical hemostats available in the market, collagen in the most prominently used as it starts acting immediately by beginning to clot blood by natural pathways.

The segment of infusible hemostats, comprising products such as prothrombin complex, fresh frozen plasma, platelet concentrates gathered from donor blood, and FVIII derived from blood, finds usage mostly only under specific conditions and severe hemorrhages. In comparison, the segment of advanced hemostats, consisting products that have been marketed in recent years, are finding extensive usage owing to their high efficiency rates. Many advanced hemostats and sealants are under research and clinical trials.

Companies Mentioned in Report

The report includes a detailed overview of the business profiles and recent developments for some of the key companies operating in the global hemostasis market. Companies discussed in the report include Abbott Laboratories, Siemens AG, Beckman Coulter, Inc., Becton, Dickinson and Company, Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd., Chrono-Log Corporation, and Trinity Biotech plc.

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Ophthalmic Drugs Market Size & Share to Drive Huge Growth through 2027

Transparency Market Research (TMR) has published a new report titled, ‘Ophthalmic Drugs Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global Ophthalmic Drugs Market was valued at US$ 26,018.3 Mn in 2018 and is projected to expand at a CAGR of 4.1% from 2019 to 2027.

new pr global ophthalmic drugs market

Overview

  • Ophthalmic Drugs are the anti-infectives drugs that contained in a product formulated especially to be instilled or applied in the eye or eyes. Ophthalmic anti-infectives include eye drops, gels or ointments. Anti-infectives are drugs that can either kill an infectious agent or inhibit it from spreading.
  • The ophthalmic infectious diseases produce a discharge whereas inflammatory diseases do not.
  • North America dominated the global Ophthalmic Drugs Market in 2018 and the trend is anticipated to continue during the forecast period. Highly structured health care industry and introduction of the Affordable Care Act in the U.S. are expected to drive the market in North America.
  • Asia Pacific is likely to be a highly lucrative market for retinal disorders and it is expected to expand at a high CAGR during the forecast period

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Increasing incidence rates of eye related disorders to Drive Market

  • There is an alarming rise in incidence of eye related diseases, especially in the developed countries, which is anticipated to drive the growth of the ophthalmic drugs market during 2017-2025
  • According to the Prevent Blindness report, the number of people in the U.S., suffering from cataract is expected to increase from 24.4 Mn in 2010, to 30.5 Mn by 2020, and people suffering from diabetic retinopathy in U.S. are projected to increase from 7.7 Mn in 2010 to 9.2 Mn in 2020
  • The patients for open angle glaucoma and AMD in U.S., were 2.7 Mn and 2.1 Mn, respectively, which are projected to increase to 3.3 Mn and 2.5 Mn, respectively, till 2020
  • The increasing patient pool in developing countries as well as developed regions is estimated to propel healthcare spending for eye treatments in each region and drive the growth of the ophthalmic drugs market.

Advanced retinal treatment approvals for unmet needs in eye disorders to drive the market

  • Eye diseases such as chronic or recurrent uveitis, optic nerve, neurodegeneration retinitis pigmentosa, retinoblastoma, etc., lack an effective treatment option, and thus are categorized as unmet medical needs within the ophthalmologic diseases space
  • Several new entrants are dedicated to provide specialized treatment methods for eye diseases:
  • On May 18 2017, Spark Therapeutics, Inc. submitted the first and only Biological License Application to the U.S. FDA for the treatment of Leber’s congenital amaurosis by gene therapy
  • On March 25 2015, Regeneron Pharmaceuticals Inc., announced the approval of Eylea, the first VEGF inhibitor approved for dosing on a less than monthly basis for the treatment of diabetic macular edema
  • Severe inflammatory eye diseases, such as uveitis, lacked a solid treatment option earlier to the FDA approval of Humira for the indication of non-infectious intermediate, posterior, and panuveitis in adult patients
  • In June 2016, the U.S. FDA approved the first and only biologic approved drug, Humira, for the treatment of uveitis
  • Such approvals for advanced treatment options for the treatment of unmet medical needs in the field of eye disorders are projected to boost the expansion of the global ophthalmic drugs market

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Dry Eye Segment to Dominate Market

  • Based on Disease Indication, the global Ophthalmic Drugs Market has been divided into Dry Eye, Glaucoma, Infection/Inflammation, Retinal Disorders, Allergy, Uveitis, Others. The Retinal Disorders segment has been bifurcated into Wet AMD, Dry AMD, Diabetic Retinopathy, Others. The Dry Eye segment dominated the global Ophthalmic Drugs Market in 2018 and the trend is projected to continue during the forecast period. Increasing global pollution, rising use of computers by working professionals, and advanced treatment methods under research by major market players.
  •  Changing environmental factors, increasing pollution, and rising number of market players with aggressive marketing strategies to accelerate the growth of the segment. According to Donelson EyeCare, dry eye disease affects approximately 20 million people in the U.S., and the number is expected to increase exponentially during the forecast period.
  • Moreover, fewer side effects, optimum price of the pills, and higher efficacy makes it preferable for use among women

Anti-Glaucoma Drugs to be Highly Lucrative Segment

  • In terms of Therapeutic Class, the global Ophthalmic Drugs Market has been classified into Anti-inflammatory Drugs, Anti-infective Drugs, Anti-Glaucoma Drugs, Anti-allergy Drugs, Anti-VEGF Agents and Others.
  • The Anti-Glaucoma Drugs segment dominated the Ophthalmic Drugs Market due to increasing prevalence, higher inclination towards combination methods, and rising initiatives for treatment penetration.

North America to Dominate Global Market

  • In terms of region, the global Ophthalmic Drugs Market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global Ophthalmic Drugs Market in 2018, followed by Europe.
  • North America accounted for major share of the global Ophthalmic Drugs Market in 2018. The market is witnessing significant transformations due to changing Medicare policies in the U.S., pricing of branded specialty drugs, and the rising patient pool.
  • The increasing patient number along with rising health initiatives for treatment awareness are projected to drive the demand for ophthalmic drugs in this region.
  •  The Ophthalmic Drugs Market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. Asia Pacific is projected to be a fast growing market for ophthalmic drugs due to factors such as high patient pool, rise in the number of local and regional players in Japan and China, and awareness programs by governments for prevention and treatment of vision loss.
  • Increased prevalence of diabetes resulting in high risks of diabetic retinopathy and other retinal disorders among diabetic patients, along with rising geriatric population, are factors driving the growth of the Asia Pacific ophthalmic drugs market.

Competitive Landscape

  • The global Ophthalmic Drugs Market is fragmented in terms of number of players. Key players in the global market include Aerie Pharmaceuticals, Inc., ALLERGAN, Valeant Pharmaceuticals International, Inc., Bayer AG, Genentech, Inc. (F. Hoffmann-La Roche Ltd.), Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals, Inc. and Santen Pharmaceutical Co., Ltd., among others.

The global Ophthalmic Drugs Market has been segmented as follows:

  • Global Ophthalmic Drugs Market, by Product TypePrescription Drugs
  • OTC Drugs
  • Global Ophthalmic Drugs Market, by Therapeutic ClassAnti-inflammatory DrugsNSAIDs
  • Steroids
  • Anti-infective DrugsAnti-fungal Drugs
  • Anti-bacterial Drugs
  • Others
  • Anti-glaucoma DrugsAlpha Agonist
  • Beta Blockers
  • Prostaglandin Analogs
  • Combined Medication
  • Others
  • Anti-allergy Drugs
  • Anti-VEGF Agents
  • Others
  • Global Ophthalmic Drugs Market, by Disease IndicationDry Eye
  • Glaucoma
  • Infection/Inflammation
  • Retinal DisordersWet AMD
  • Dry AMD
  • Diabetic Retinopathy
  • Others
  • Allergy
  • Uveitis
  • Others
  • Global Ophthalmic Drugs Market, by Distribution ChannelsHospital Pharmacies
  • Online Pharmacies
  • Independent Pharmacies & Drug Stores
  • Global Ophthalmic Drugs Market, by RegionNorth AmericaU.S.
  • Canada
  • EuropeGermany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia PacificChina
  • India
  • Japan
  • Australia & New Zealand
  • Rest of Asia Pacific
  • Latin AmericaBrazil
  • Mexico
  • Rest of Latin America
  • Middle East & AfricaGCC Countries
  • South Africa
  • Rest of Middle East & Africa

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Negative-pressure Wound Therapy (NPWT) Devices Market Competitive Landscape and Predicted to Accelerate the Growth by 2016 – 2026

Transparency Market Research (TMR) has published a new report titled, “Global Negative-pressure wound therapy devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global negative-pressure wound therapy devices market was valued at US$ 2,985 Mn in 2017. It is projected to expand at a CAGR of 9.6% from 2018 to 2026. Increase in prevalence of chronic and acute wounds and obesity & diabetes is anticipated to augment the global market between 2018 and 2026.

NPWT refers to the application of negative-pressure across a wound. The area is sealed with an adhesive film, and the pump delivers a controlled negative-pressure across the wound bed. Negative-pressure wound therapy devices comprise products such as single-use NPWT devices and conventional NPWT devices. Increase in the prevalence of chronic and acute wounds and obesity & diabetes is expected to propel the global market for negative-pressure wound therapy devices. Additionally, favorable reimbursement policies are likely to propel the global negative-pressure wound therapy devices market. However, availability of alternative method is anticipated to restrain the global market. Moreover, the high cost of negative-pressure technique is a major factor restraining the market.

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The report offers detailed segmentation of the global negative-pressure wound therapy devices market based on product, application, and end-user. The market has also been segmented based on region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). Favorable reimbursement policies and increase in prevalence of chronic and acute wounds is likely to drive the global negative-pressure wound therapy devices market.

global negative pressure wound therapy devices market

Conventional negative-pressure wound therapy devices segment to account for leading share, while single-use Negative-pressure wound therapy devices segment to expand significantly

In terms of product, the conventional negative-pressure wound therapy devices segment accounted for a leading share of the global market in 2017. It is anticipated to maintain its leading position in the market during the forecast period. Increase in prevalence of obesity & diabetes across the globe is projected to boost the segment during the forecast period. Increase in demand for negative-pressure wound therapy devices, due to inclination toward minimally invasive procedures, is a key factor that is anticipated to drive the market during the forecast period.

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Emerging technologies in portable negative-pressure wound therapy devices to propel market

Emerging technologies in negative-pressure wound therapy devices are projected to boost the global negative-pressure wound therapy devices market during the forecast period. NPWT may decrease tissue oxygenation in the wound bed because the foam sponge of NPWT compresses the wound bed under the influence of the applied negative-pressure. The availability of portable and disposable NPWT devices are expected to boost the market. Digital monitoring and display also positively affects the demand of the product leading to the hike in the growth. Remote controlled mechanisms are also innovated which also helps to propel the market growth.

North America to be highly lucrative negative-pressure wound therapy devices market

North America has a large number of negative-pressure wound therapy devices approved for the treatment of various chronic and acute wounds through NPWT. In the U.S., significant increase in prevalence of acute and chronic injuries is likely to propel the share held by the region in the global market during the forecast period. Additionally, product launches and approval for negative-pressure wound therapy devices are anticipated to drive the market in the region.

Product launches by key players and patent approvals to boost market

The report also provides profiles of leading players operating in the global negative-pressure wound therapy devices market. These include SMITH AND NEPHEW, KCI (ACELITY), Cardinal Health, PAUL HARTMANN, ConvaTec Inc., DeRoyal, Genadyne Biotechnologies, Inc., Medela, Inc. ATMOS MedizinTechnik GmbH & Co. KG, Talley Group Ltd, and Lohmann & Rauscher. Launch of new products, focus on development of technologically advanced products by companies, and product approvals are expected to drive the global market during the forecast period. In May 2011, SMITH AND NEPHEW launched a new device PICO- single-use NPWT device for wound management in Negative-pressure wound therapy devices system.

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Medical Sensors Market Global Trends, Share, Growth, Analysis, Opportunities And Forecast To 2026

Transparency Market Research (TMR) has published a new report titled, “Medical Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global medical sensors market is projected to reach US$ 27.7 Bn by 2026 at a CAGR of 9.9% from 2018 to 2026. Factors such as increase in government initiatives for the adoption of mHealth products and rise in adoption of Internet of Things (IoT) and other medical advancements are propelling the global market. Moreover, increase in public and private investments in mHealth products and rise in adoption of smartphones and other electronics with sensor technology boost the growth of the global medical sensors market. The Americas is projected to dominate the global medical sensors market owing to availability of advanced health care infrastructure and high consumption of medical devices. Asia Pacific and Europe, Middle East, and Africa (EMEA) are potential markets. The medical sensors market in Asia Pacific is expected to expand at a CAGR of 11.4% during the forecast period. Increase in focus on development of medical sensors in the past few years, improvement in health care infrastructure, and early detection of diseases fuel the growth of the medical sensors market in Asia Pacific and EMEA.

global-medical-sensors-market.jpg

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Rise in Government Initiatives for Adoption of mHealth Products and Increase

in Public and Private Investments in Medical Sensor Companies to Drive Market

Increase in government initiatives for adoption of mHealth products drives the global market. The U.K. Government Department of Health started the NHS digitization initiative in 2016 and allocated over US$ 6.0 Bn for it. More than US$ 2.6 Bn was allotted to transfer paper records to a centralized electronic record system, implementation of wireless technologies, and addressing cyber security concerns in NHS IT ecosystem. New innovations in the health care industry in terms of medicine are fast and productive. IoT has emerged as the next wave in the industry. Google and Novartis launched their combined plan in 2014 to create a connected lens with the ability to monitor blood glucose levels by analyzing an individual’s tears.

Implantable Sensors to be Highly Lucrative Segment

Implantable sensors is an emerging segment of medical sensors. The segment is projected to account for 28.5% share of the market by 2026. It is anticipated to expand at a CAGR of 12.0% during the forecast period from 2018 to 2026. Advancements in sensor technology and rise in demand for continuous monitoring systems such as continuous glucose monitoring (CGM) are anticipated to boost the growth of the segment during the forecast period.

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Home Care Settings to be Promising Segment

In terms of end-user, the global medical sensors market has been segmented into hospitals, clinics, home care settings, and others. The hospitals segment held the major share of the global market in 2017. The segment is projected to expand at a CAGR of 9.2% from 2018 to 2026. The home care settings segment is anticipated to expand at a CAGR of 12.7% during the forecast period. The segment is expected to gain market share by 2026. Rise in use of wearable health tracker for the measurement of blood pressure, heart rate, and metabolites such as glucose and lactate are the factors likely to boost the use of medical sensors in the home care settings segment.

Americas Projected to Dominate Global Market

The global medical sensors market has been divided into three major regions: the Americas, Europe, Middle East and Africa, Asia Pacific. The Americas dominated the global market in 2017. The market in the region was valued at US$ 6.27 Bn in 2017. This is attributed to the availability of advanced health care infrastructure and high consumption of medical devices in the region. The medical sensors market in the Americas is projected to expand at a CAGR of 9.0% during the forecast period. Biosensors and wearable sensors are the two most promising segments in the region. The medical sensors market in Asia Pacific is expected to expand at a CAGR of 11.4% during the forecast period. The region is likely to gain market share due to rise in prevalence of chronic disorders and surge in awareness about medical sensors among the people. Rise in disposable income of people also contributes to the growth of the market in Asia Pacific and EMEA. Increase in focus on development of medical sensors in the past few years, improvement in health care infrastructure, and early detection of diseases fuel the growth of the medical sensors market in APAC and EMEA.

Honeywell International, Inc. and Medtronic to Lead Global Market

The global medical sensors market is semi-consolidated in terms of number of players. Key players in the global market include Cardiomo, Honeywell International, Inc., TE Connectivity, Dexcom, Inc., Medtronic, Danaher Corporation, First Sensor AG, Sensirion AG, Smiths Group plc, and GluSense Ltd. Honeywell International, Inc. and Medtronic were the market leaders in 2017 and are expected to dominate the market during the forecast period. Developing new technologies and products as well as merger and acquisition are the key strategies followed by the key players.

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Durable Medical Equipment (DME) Market Size | Global Industry Analysis, Segments, Top Key Players, Drivers and Trends to 2025

The demand within the global market for durable medical equipment (DMI) has been rising on account of the adoption of advanced technologies in the healthcare sector, finds Transparency Market Research (TMR). The market players in the global durable medical equipment (DMI) market have been recalibrating their production capacities to accommodate the needs of all types of patients. The market vendors in the global market for durable medical equipment (DMI) market currently bank on the quality and utility served by their products. The overall dynamics of the global durable medical equipment (DMI) market are such that all the recognised vendors have a fair share of revenues in their kitty.

The bar of competition in the global durable medical equipment (DMI) market has been on a rise over the past decade. This can be attributed to the quest of the vendors to increase their margin of profit and consolidate their financial position. Furthermore, the leading vendors in the global durable medical equipment (DMI) market are projected to acquire the smaller players with the intent to increase their geographical reach. Mergers and strategic partnerships could also be a recurring trend in the global durable medical equipment (DMI) market in the years to come.

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A report by Transparency Market Research (TMR) prognosticates that the global durable medical equipment (DMI) market would expand at a healthy CAGR of 8.30% over the period between 2016 and 2025. Furthermore, the global durable medical equipment (DMI) market was valued at US$112.30 million in 2016, and is expected to escalate to a value of US$228.65 million by the end of 2025. On the basis of geography, the market for durable medical equipment (DMI) in North America is expected to expand at a paced rate. Based on equipment type, personal mobility devices are expected to attract commendable demand in the coming years. 

Need to Induct Advanced Infrastructure across Medical Facilities to Propel Demand

The past few decades have been an era of unparalleled growth for the medical fraternity, and this is evident from the huge-scale spending made towards developing better infrastructural facilities in the industry. Hence, the demand within the global market for durable medical equipment (DMI) has been escalating at a boisterous rate in recent times. Furthermore, the rising incidence of paralytic disorders has created an indispensable need for wheelchairs and canes. This factor has also propelled market demand, and has given an impetus to the growth of the vendors operating in the global durable medical equipment (DMI) market.

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Government Spending to Propel Market Demand

Public health has emerged as an integral industry for the government, and the latter is making huge investment towards the development of better public health facilities. This factor is projected to bring in voluminous revenues into the global durable medical equipment (DMI) market in the forthcoming years. The healthcare sector of several regions is closely regulated by the government; and hence, the market for durable medical equipment has expanded on account of the proactive nature of government entities. It is, therefore, safe to prognosticate that the market for durable medical equipment lucrative growth opportunities for the vendors.

The review is based on TMR’s report titled “Durable Medical Equipment (DME) Market (Equipment Type – Personal Mobility Devices (Wheelchairs, Crutches & Canes, Walkers, and Others), Medical Furniture (Medical Beds, Mattress, Stretchers, Lift Chairs, and Others), Bathroom Safety Devices (Commodes, Toilet Rails/Frames, and Others), and Monitoring & Therapeutic Devices (Blood Glucose Monitors, Oxygen Equipment, Vital Sign Monitors, Infusion Pumps, and Others); End Users – Hospitals, Long-Term Care Centers, Ambulatory Surgical Centers, and Home Care Settings) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”. 

The global durable medical equipment (DME) is segmented as:

Global Durable Medical Equipment (DME) Market Revenue, by Equipment Type

  • Personal Mobility DevicesWheelchairs
  • Crutches & Canes
  • Walkers
  • Others
  • Bathroom Safety DevicesCommodes
  • Toilet Rails/Frames
  • Others
  • Medical FurnitureMedical Beds
  • Mattress
  • Stretchers
  • Lift Chairs
  • Others
  • Monitoring and Therapeutic DevicesBlood Glucose Monitors
  • Oxygen Equipment
  • Vital Sign Monitors
  • Infusion Pump
  • Others

Global Durable Medical Equipment (DME) Market Revenue, by End User

  • Hospitals
  • Long-term Care Centers
  • Ambulatory Surgical Centers
  • Home Care Settings
  • Others

Global Durable Medical Equipment (DME) Market Revenue, by Geography

  • North AmericaUS
  • Canada
  • EuropeUK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia PacificChina
  • Japan
  • India
  • Australia & New Zealand
  • Rest of Asia Pacific
  • Latin AmericaBrazil
  • Mexico
  • Rest of Latin America
  • Middle East and AfricaSouth Africa
  • GCC Countries
  • Israel
  • Rest of Middle East & Africa

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  2. https://www.biospace.com/article/cholesterol-lowering-drugs-market-increase-in-prevalence-of-coronary-artery-disease-to-drive-market/

Metal Foam Market Insights is Expected to Expand at an Impressive Rate by 2025

The global metal foams market is set to experience an upsurge in demand in the times to follow. Chemical applications of metal foam are expected to create room for market growth and maturity. Creating metal foam from aluminium has helped manufacturers in reducing their costs of manufacturing, whilst increasing profits. The abundant availability of aluminium has garnered the attention of leading manufacturers. Moreover, metal foams made from aluminium offer several important benefits over other foam types. Therefore, the revenue index of the global metal foams market is set to improve. Use of metal foams for stiffening certain structures has also driven sales across the market.

  • Veterinary care has become an investment-ready area with the emergence of several new technologies. Use of metal foams as temporary prosthetics in animals has, therefore, become an area of discussion across the veterinary healthcare sector. Use of these foams in healthcare experiments has also become an important dynamic of market growth. Medical devices are amongst other areas of application for metal foams.
  • Damping and filtration are important activities for the chemical industry. The success of several important experiments and processes relies on the effectiveness of filtration techniques. Metal foams act as excellent filtration materials, and this factor has driven demand for these foams in the chemical industry. Study of naturally porous materials found in coral, bones, and cork involves simulation of these materials.
  • Heat exchange reactions conducted across chemical engineering require pinpoint control and precision. Moreover, these reactions are used to analyse the properties of several important materials. Therefore, metal foams come in handy for materials studies conducted across the chemical industry. The leading vendors in the global metal foams market are expected to invest in intrinsic research and development. This strategy could lead to the development of more efficient, granular, and porous metal foams.

Overview:

Charting a moderate CAGR (Compound Annual Growth Rate) over the period of 2017 to 2025, the global metal foam market insights is set to see growth of numerous opportunities, and improvement in the market worth. This growth will primarily be attributable to growth in automotive industry.

It is because these are used in producing automobile body sheets. And, these are also used in manufacturing components such as structural parts. Metal foam is preferred here in a big way because absorbs vibration and other noise. Thereby, it improves absorption capability of impact energy. So, in a way, it helps improving performance while keeping vehicles light.

Some of the trends, drivers and developments that are important to make note of are outlined below:

  • About 96.80 million motor vehicles were bought across the word in the year 2017 and as disposable incomes see a steep rise world over, this trend will continue at a more stellar pace than ever. And, growing demand for these causes more light vehicles to be produced. It is worth noting here that worldwide as security takes center stage, demand for metal foam increase notably as it ensures passive safety. Besides, it is so lightweight that it improves efficiency as well as has a good degree of design flexibility. This is contributing to taking the market onto a high growth trajectory of the forecast period.
  • Asia-Pacific will present players will new growth opportunities, ready to be tapped into by market players. It will owe this growth to presence of some of the most potent automotive manufacturing players like Mahindra, Toyota, Suzuki, Honda, Dong Feng, Nissan, Tata etc. Besides, growing population and rapid urbanization is adding positively to the growth in the global metal foam market. To add to this, improving lifestyle, as a result of economies demonstrating good performance will also help.

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Global Metal Foams Market: Snapshot

Consisting of solid metal, a metal foam is a cellular structure with gas filled pores containing a large portion of the volume.  These pores can be either interconnected (open-cell foam) or sealed (closed-cell foam). Only 5% to 25% of the volume of metal foam is base metal. Its high porosity makes it ultra-light material and this material gets the strength of from square-cube law. Metal foams can be made using materials such as tantalum, titanium, and aluminum.

Metal foams are manufactured by creating air bubbles in the metallic melts. Due to high buoyancy forces these air bubbles tend to rise to the surface in the high-density liquid. This can be prevented by increasing the viscosity of molten metal. Metal foam finds its application in the manufacturing of vehicle parts, vessels, and components in machines. However, its application in automobile industry is gaining popularity as it provides a high strength structure with less weight. Using metal foams in vehicle parts reduces vibration and noise, increases stiffness, and absorbs impact energy, thus ensuring the vehicle performs well on road.

The closed-cell foams find their applications in structures that require load bearing features. They are also used for manufacturing of impact-absorbing and weight-saving structures in vehicles. Whereas, the open-cell foams are used for sound and vibration absorption applications. These are also used for filtration and catalysis for heat exchange. Furthermore they used in manufacturing of medical devices.

New research studies are favor of the use of titanium and tantalum alloys bone implant materials due to their biocompatibility and suitable physical properties. It is important to note that several research are underway to find new applications of metal foams and new types of metal foams. For instance, in November 2015, researchers at ETH Zurich, Switzerland have created an ultra-light foam from gold, which could be used in applications demanding low weight and high strength applications. The research and development in the field of metal foam is expected to create various new applications for metal foams, thus creating an environment conducive to the growth of the global metal foams market.

A metal foam is a cellular structure consisting of a solid metal with gas-filled pores present over a large portion of the volume. The pores are sealed or interconnected depending on the method of production. The metals that are used to make metal foams include aluminum, titanium, and tantalum. Metal foams have many unique properties that make them an attractive material for components in machines, vessels, and other vehicles, mass products found primarily in cars – car body elements absorbing impact energy, increasing stiffness, and improving the comfort of usage by reducing vibration and noise.

In terms of method, the metal foams market can be divided into powder metallurgy, electro chemical deposition, vacuum vaporization, and casting method. In 2016, the powder metallurgy segment accounted for a significant share in the global metal foams market due to high yield and superior quality of the end product. The low production cost is estimated to drive the powder metallurgy segment of the metal foams market during the forecast period. Increasing demand for metal foams in end-use industries such as automotive, aerospace, construction, etc., is anticipated to boost the demand for metal foams.

In terms of end-use, the metal foams market can be segmented into automotive, aerospace, construction, Industrial, and consumer goods. In 2016, the automotive end-use industry segment held a significant share in the global metal foams market due to rising application of metal foams in the automotive industry. The major application of metal foams in the automotive industry is to reduce vibration and noise. In the construction industry, metal foams are employed to absorb sound.

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In terms of region, the global metal foams market can be segmented into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Asia Pacific was a major market for metal foams in 2016. It is estimated to expand due to the rising number of end-use industries in the region. Increasing demand for metal foams in the automotive sector is also likely to drive the market in Asia Pacific during the forecast period. The U.S. and China are likely to account for major shares in the metal foams market in North America and Asia Pacific, respectively, due to the evolution in fabrication in these countries. The global market is anticipated to witness a shift from developed countries to the developing economies of Asia due to expansion in the construction sector in the region. China and India are projected to register a high growth rate in the metal foams market due to the advancements in the end-use sectors, technological developments, and wide expansion in application range in these countries. This, in turn, is anticipated to create a significant demand for metal foams in Asia Pacific during the forecast period.

The global demand for metal foams is anticipated to rise significantly in the near future, offering immense growth opportunities for the market. The rapid rise in demand for this product in end-use applications, its competitive manufacturing costs, and the high economic growth rates are key factors propelling the metal foams market in Asia Pacific and attracting companies to adopt expansion and R&D strategies in the region. Market players are focusing on Asia Pacific to gain substantial market share. Producers of metal foams have been compelled to adopt expansion and acquisition strategies to meet the global demand. Several producers are shifting their plants to China and India due to the high demand and low raw material & labor costs in these countries. The developments in various end-use sectors in the region are predicted to fuel the need for metal foams during the forecast period.

Key players operating in the global market include BASF SE, Evonik Industries, Rogers Corporation, SABIC Innovative Plastics, Armacell International, Stylepark AG, and Alantum.

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Textile Chemicals Market SWOT Analysis to Witness Widespread Expansion by 2027

Global Textile Chemicals Market: Key Highlights

  • According to United Nations’ projections, global population is estimated to reach 8.5 billion by 2030, and further exceed 9 billion by 2050. The consumption of textiles depends directly on the growth of population and consumer spending levels.
  • In terms of demand, Asia Pacific led the global textile chemicals market SWOT Analysis  in 2018, and the same trend is anticipated to continue throughout 2019 and 2027. Changing consumer needs and an evolving retail marketplace are factors driving the apparel sector in Asia Pacific. The apparel sector in Asia Pacific is projected to expand at a CAGR of nearly 5% during the forecast period.
  • The technical textiles market has witnessed evolution from passive to active smart and ultra-smart fabrics over the last few years. First-generation passive fabrics were capable of sensing only environmental stimuli, whereas, second-generation active fabrics included actuators, sensors, and a control unit in order to sense electric, thermal, and other stimuli.
    Global Surfactants Market: Snapshot

    Surfactants are being used extensively across diverse industry verticals around the world. The emergence of new products and the increasing research and development activities are projected to enhance market growth and offer opportunities in the next few years. Thanks to these factors, the global surfactants market revenue is anticipated to reach a value of US$28.83 bn by the end of 2023, exhibiting a healthy 4.20% CAGR between 2015 and 2023.

    Rising Demand from Personal Care Segment to Enhance Market Growth

    The global surfactants market is expected to witness high growth in the coming few years. A tremendous rise in the demand for personal care products is one of the key factors estimated to accelerate the growth of the market in the near future. The growing focus on technological developments and the development of the new products are further anticipated to propel the global market in the next few years. On the flip side, the strict rules and regulations that have been imposed by the government organizations related to the solvent-based detergents are estimated to hamper the growth of the global surfactants market revenue in the coming few years. Nonetheless, the rising preference of consumers towards sustainable green surfactant products is likely to offer beneficial opportunities for the market players in the coming few years.

    The global surfactants market has been classified on the basis of product into anionic surfactants, non-ionic surfactants, cationic surfactants, amphoteric surfactants, and others. The others segment has been further sub-classified into bio-based surfactants, silicon surfactants, and polymeric surfactants. Furthermore, on the basis of applications into personal care, food processing, household detergents, textile and leather, industrial and institutional care, oilfield chemicals, and others. The increasing demand for surfactants from diverse industrial segments is estimated to accelerate the growth of the market in the next few years.

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    Asia Pacific to Hold Major Share of Global Surfactants Market

    From a regional perspective, Asia Pacific is expected to hold a large share of the global surfactants market in the next few years. The increasing contribution from India, Malaysia, Indonesia, and China is expected to enhance the growth of the market in the next few years. Furthermore, North America is predicted to hold the second position in the coming years in terms of market share. The presence of several manufacturing players and the growing demand for surfactants from diverse applications are projected to enhance the growth of the market in the next few years. Furthermore, the Middle East and Africa and Latin America are estimated to witness a promising growth in the coming few years. The high growth of these two regions can be attributed to the growing demand from household detergents and personal care segments.

    The global market for surfactants is competitive with a presence of several players operating across the globe. The rise in the number of players that are projected to enter the global surfactants market revenue is likely to strengthen the overall competitive scenario of the market in the next few years. The growing focus on the development of new players and innovations in this field are projected to enhance the market growth in the coming few years. Some of the key players operating in the surfactants market across the globe are P&G Chemicals, Clariant International Ltd., Galaxy Surfactants Limited, Evonik Industries AG, The Dow Chemical Company, Lonza Group Ltd., Akzo Nobel N.V., BASF SE, Archer Daniels Midland Company, and Huntsman Corporation.

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  • The demand for textile chemicals in Bangladesh is projected to rise at a CAGR of ~3% between 2019 and 2027. Bangladesh’s exports of clothing and apparel more than trebled between 2008 and 2018. The country is estimated to continue to receive increased number of orders for its finished garments from international partners in the near future, due to the availability of cotton as well as other fabrics at a low price.

Global Textile Chemicals Market: Key Drivers and Opportunities

  • Focus on enhancing the functional quality of textile chemicals and cost reduction are likely to be key factors driving the global textile chemicals market in the next decade.
  • Major players operating in the global home textiles industry, such as IKEA and H&M Home, are expanding their presence in Asia Pacific in order to tap immense opportunities in the region. Moreover, the advent of e-Commerce in the home furnishing sector is expected to boost the home furnishing textiles segment in the global textile chemicals market during the forecast period.
  • The demand for textile chemicals in India is anticipated to rise at a rapid pace, as the country is a leading exporter of textiles in Asia Pacific. Since 2014, around 19 Textile Park projects have been sanctioned in India, under the Scheme for Integrated Textile Park (SITP) in the Public Private Partnership (PPP) mode, with 40% government assistance valuing up to INR 40 Crore (US$ 5.6 Mn). The country’s share in the Asia Pacific textile chemicals market is likely cross 11% by 2027.
  • Europe has also been a significant consumer of carpets and technical fibers over the last few years. Europe has become a leader in the digital printing of textiles, wherein, designs are printed on fabric by a printer that is controlled by a software. These trends depict significant potential for the growth of the textile chemicals market SWOT Analysis in the region.
  • The Ministry of Industry & Trade of Russia is focusing on supporting technical textiles and nonwovens industries in the country. The Government of Russia aims to increase the share of domestically made technical textiles in the local market up to 80% by 2020. Lately, the country has been utilizing its large reserves of oil and other resources, including timber and other raw materials, for the production of synthetic fibers.

Asia Pacific to be Highly Lucrative Textile Chemicals Market

  • In terms of value, Asia Pacific held a major, i.e. more than 60% share of the global textile chemicals market in 2018.
  • Shift in the production of textiles and their subsequent consumption by traditional production centers, such as the U.S. and Western Europe toward Asia Pacific, is a major factor anticipated to drive the textile chemicals market in Asia Pacific from 2019 to 2027.
  • Also, changes in consumer trends, especially in home decoration, followed by changing lifestyles, have propelled the demand for textiles. This, in turn, is anticipated to drive the global textile chemicals market during the forecast period.
  • Countries such as China and India are major textile chemicals markets in Asia Pacific. These countries accounted for more than 60% share of the Asia Pacific textile chemicals market in 2018.

Global Textile Chemicals Market – Key Developments

  • In January 2018, Lubrizol introduced two breathable thermoplastic polyurethane resins of microbe-resistant grade for use in hot-melt adhesives. These products, i.e. Pearlbond 360 TPU and Pearlbond 960 TPU, can be used in applications such as technical textiles, apparel, footwear, and conveyor belts.
  • On June 9, 2017, Evonik Industries AG announced an increase of up to 6% in the prices of its products for applications such as textiles, tissues, metalworking fluids, and industrial applications. The move was aimed to strengthen the company’s position in the global textile chemicals market by focusing on providing better technical services.

Global Textile Chemicals Market – Competition Landscape

  • The global textile chemicals market was moderately consolidated in 2018. Due to the presence of well-established manufacturers in the textile chemicals market, and their expansion initiatives, the global textile chemicals market is estimated to be highly competitive during the forecast period.
  • Major manufacturers in the textile chemicals market include Archroma, Lonsen Inc., Huntsman, CHT Group, Solvay, and Evonik Industries AG.

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Hydroquinone Market Share Size will Observe Lucrative Surge by the End 2022

Hydroquinone Market: Introduction

  • Hydroquinone is an aromatic compound containing two hydroxyl groups. It is a synthesis intermediate for rubber. It is used in cosmetic formulations employed for skin lightening.
  • Hydroquinone is used for various applications in agrochemical and pharmaceutical industries. It is employed as a photographic developer and as synthesis intermediate for rubber and dyes.
  • Hydroquinone is used as an inhibitor of polymerization. Due to its outstanding photo-developing properties, it is also employed as a photo developer and as a raw material in the manufacture of dye intermediates.
  • Three commercial processes can be employed to produce hydroquinone: hydroxyperoxidation of p-di-isopropyl benzene (p-DIPB), hydroxylation of phenol, or oxidation of aniline

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Growth of Automotive Rubber Sector to Drive Global Hydroquinone Market

  • According to L’Oréal, a leading manufacturer of cosmetic products, the global cosmetics industry was valued at US$ 532 Bn in 2018 and is expected to expand at a CAGR of 5.5% from 2018 to 2020. The global cosmetics industry is primarily driven by rise in urbanization; continuous increase in the online spending on beauty products; expansion of social networks; increase in consumer interest in new and premium products; growth in elderly population worldwide; and surge in the upper-middle-class population.
  • Hydroquinone provides various benefits such as reduction in pigmentation, lightening of discoloration, even skin tone, and elimination of blemishes. Reduction in various skin issues, such as age spots or acne spots, has augmented the inclination of consumers toward skin lighteners such as hydroquinone. Thus, manufacturers are introducing hydroquinone in order to cater to different needs of consumers.
  • Hydroquinone is a skin-lightening agent. It bleaches the skin, which can be helpful in treating different forms of hyperpigmentation. Hydroquinone bleaches the skin by decreasing the number of melanocytes. Melanocytes make melanin, which is responsible for skin tone.
  • In case of hyperpigmentation, high amount of melanin is present, due to increase in melanocyte production. By controlling melanocytes, the skin can be made more evenly toned over the time.

Applications of Hydroquinone

  • Based on application, the global hydroquinone market can be segmented into antioxidants (for non-foods, fats, and oils); polymerization inhibitors (for vinyl monomers, acrylic monomers, and USP); intermediates (for agricultural chemicals and dyes), depigmenting creams, and others
  • Hydroquinone (HQ) is a white crystalline substance used primarily as an inhibitor in polymerization as well as production of antioxidants for food, rubber, plastic, and other industries. HQ is also employed in the production of polyetheretherketone (PEEK), an advanced engineering material used in aerospace and automotive industries.
  • Hydroquinone is formulated into creams, lotions, and gels to produce effective skin- lightening products
  • Hydroquinone is used to lighten dark patches of the skin (also called hyperpigmentation) caused by pregnancy, birth control pills, hormone medicines, or injury to the skin

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Asia Pacific to Hold a Major Share of Global Hydroquinone Market

  • In terms of region, the global hydroquinone market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific held a major share of the global hydroquinone market share in 2018. The market in the region is expected to expand rapidly during the forecast period. The global skin care industry witnessed significant growth in 2018, led by growth of the upper-middle–class population all over the world and, especially in Asia.
  • Improving purchasing power of consumers in Latin America is a major factor driving the demand for skin care products in the region. Rise in the purchase of creams and lotions for depigmentation is likely to drive the hydroquinone market in the region during the forecast period.

Key Players Operating in Global Market

The global hydroquinone market is fragmented, with market players focusing on adopting advanced technologies to gain higher market share. These players offer a complete portfolio of products and focus on different business strategies to strengthen their market position. Key players operating in the global hydroquinone market are:

  • Solvay
  • Eastman Chemical Company
  • Mitsui Chemicals Asia Pacific Ltd.
  • Ube Industries, Ltd.
  • Camlin Fine Sciences Ltd.
  • Kawaguchi Chemical Industry Co. Ltd.
  • Tianjin Zhongxin Chemtech Co. Ltd.
  • GJ Chemical Company

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Anti-seize Compounds Market Key Players Estimated to Expand at a Robust CAGR by 2027

Global Anti-seize Compounds Market: Introduction

  • Anti-seize compounds are developed primarily to protect metal parts from seizing, galling, excessive wear, corrosion, and metal-to-metal contact. Owing to their special composition, they are suitable for use under static and boundary conditions generated by a combination of high pressure and low speed.
  • Anti-seize nickel compound is a superior, extreme-pressure lubricant formulated to protect metal parts from rust, corrosion, and seizure
  • A blend of fine metallic and graphite particles, in particular, grease, provides unique protection to substrates, even at elevated temperatures, high pressures, and corrosive environment. Graphite-based anti-seize compounds also protect the substrate from carbon fusion and resist alkaline solutions.

Key Drivers of Global Anti-seize Compounds Market

  • Key attributes of implying anti-seize compounds include reduced downtime, extended life and corrosion protection of mated metal parts, ease of assembly and disassembly, and protection in extreme temperatures
  • Dispersal of heavy metals such as zinc, nickel, and lead into the environment is a matter of growing concern for several industries. Non-metallic anti-seize compounds are likely to be preferred increasingly over their metallic counterparts in the near future. Due to increasing costs of metals, producers of anti-seize compounds are focusing on decreasing the metal content in their formulations.

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Global Anti-seize Compounds Market: Type Segments

  • Based on type, the global anti-seize compounds market  can be divided into copper and graphite based; aluminum, copper and graphite based; nickel and graphite based; molybdenum based; and others
  • The oil & gas industry needs solutions providing higher chemical resistance in applications wherein acids, corrosive chemicals, and oxidative agents exist. Copper-based and aluminum-based anti-seize compounds have been materials of choice for the oil & gas industry. Copper-based anti-seize compounds are suitable for operating at temperatures of up to 1,800°F, whereas aluminum-based anti-seize compounds are preferred for temperatures of up to 1,600°F.
  • Copper-based anti-seize compounds are not suitable for use in refineries, as they can poison a catalyst bed or reaction chamber. For various high-temperature applications, non-reactive compounds are required. Nickel is chemically inert and it can withstand high temperatures of up to 26,000?F. Molybdenum is a non-metallic, non-reactive metal, which can withstand temperatures of up to 24,000?F.
  • Graphite-based anti-seize compounds market is anticipated to rise at a substantial rate during the forecast period. Graphite is an exceptional conductor of electricity and high-temperature solid lubricant suitable for operating at temperatures of up to 900?F. In assemblies with electric current running through a fastened joint, such as ground screws, antennae connections, and threads of spark plugs, graphite-based anti-seize compounds can be used, with minimal increase in resistance.

Asia Pacific to be a Key Regional Segment for Anti-seize Compounds Market

  • In terms of region, the global anti-seize compounds market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is expected to be the most rapidly expanding region for anti-seize compounds market between 2019 and 2027. China’s leading position in end-user industries such as chemical, food & beverages, power generation, construction, and oil & gas is likely to drive the anti-seize compounds market Key Players in the country during the forecast period.

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Key Manufacturers Operating in Global Anti-seize Compounds Market

The global anti-seize compounds market was highly fragmented in 2018. Key manufacturers operating in the global market are:

  • Henkel AG
  • Bel-Ray Company
  • 3M
  • United Oil Products
  • SAF-T-LOK International Corporation
  • Anti-Seize Technology
  • Micro Metals Compounds
  • Metalub
  • CRC NZ
  • Whitmore (CSW Industrials)
  • Molytech Lubes Private Ltd.
  • Xinyu Chemical
  • ROCOL (ITW)

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Propionic Anhydride Market Segmentation Pegged for Robust Expansion by 2027

Propionic Anhydride Market: Snapshot

The propionic anhydride market segmentation is projected to demonstrate promising growth during the forecast period. One of the key reasons behind this projection is rising demand for propionic anhydride in pharmaceutical industry. This rise can be attributed to its growing use as a raw material in cellulose production. As cellulose is used as intermediate while manufacturing a few chemicals, there are high growth avenues for propionic anhydride market. Moreover, with increase in the production of many chemicals and pharmaceutical products, analysts expect that the demand for propionic anhydride will rise in the upcoming period.

In food and beverage industry, propionic anhydride is mainly used as a fragrance and flavor agent. At present, food and beverage sector is thriving on worldwide level. Many companies in this sector are growing their efforts to improve the quality of their products. This scenario is expected to drive the demand for propionic anhydride in the sector in the upcoming period, thereby drive the propionic anhydride market.

The quality of propionic anhydride to be soluble in various liquids makes it perfect for use in many applications. Chloroform, alcohol, alkalis, and ether are some of the liquids in which this compound is soluble. Owing to this reason, propionic anhydride is increasingly used in the manufacturing of intermediates, commercial printing inks, herbicides, and lubricants. This wide range of applications signifies growing demand for this organic compound in numerous industries. Similarly, it denotes avenues for the growth of the propionic anhydride market is segmentation n the upcoming period.

However, there are some factors that can dampen the growth of the global propionic anhydride market. One of the key hindering factors is its toxic nature. When this organic compound comes in contact with human body, it can cause burns. Growing awareness about the toxic effects of propionic anhydride can make the growth of this market sluggish.

Propionic Anhydride Market: Introduction

  • Propionic anhydride is a colorless organic compound in a liquid form with pungent odor. It is widely used as a reagent in organic synthesis and for the production of specialty derivatives of cellulose such as cellulose acetate propionate.
  • Propionic anhydride is also employed as an acylating agent. For instance, it is used as a raw material in dyes, agrochemicals, pharmaceuticals, and fragrance chemicals.

Key Drivers of Global Propionic Anhydride Market

  • The propionic anhydride market is expected to expand at a significant pace during the forecast period primarily due to the rise in consumption of the compound in pharmaceutical applications
  • Propionic anhydride is used in the manufacture of pharmaceuticals intermediates, synthetic resins, rubber accelerators, perfumes, crop protection chemicals, and pesticides. This is expected to drive the global propionic anhydride market during the forecast period.
  • Propionic anhydride is soluble in alcohol, chloroform, ether, and alkalis. However, it decomposes in water. Therefore, it is majorly used in various applications such as commercial printing inks, food flavors & food fragrances, herbicides, intermediates, lubricants, and pharmaceutical chemicals.

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Chemical Intermediate Segment to Offer Lucrative Opportunities

  • Propionic anhydride is primarily used as a raw material in the production of cellulose, which is utilized as an intermediate in the production of several chemicals. Increase in demand for propionic anhydride in chemical intermediates and pharmaceutical chemicals is anticipated to boost the market in the near future.
  • Propionic anhydride is primarily used in flavor and fragrance agents in the food & beverage industry. The food & beverage sector is expanding at a significant pace in several emerging countries of Asia Pacific. This is estimated to boost the usage of propionic anhydride in the sector in the near future.

Toxic Effects of Propionic Anhydride to Hamper Market

  • Propionic anhydride has strong smell and is corrosive. It can cause burns when it comes in contact with the skin. Vapor of propionic anhydride can cause burning sensation in eyes and lungs.
  • Propionic anhydride is regulated by the U.S. Drug Enforcement Administration as a List I chemical under the Controlled Substances Act due to its potential use as a precursor in the synthesis of fentanyl and fentanyl analogs
  • Increase in awareness regarding the toxic effects of propionic anhydride is anticipated to hamper the market in the near future

Propionic Anhydride Market in Asia Pacific to Expand at Significant Pace

  • In terms of region, the global propionic anhydride market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is a rapidly growing region of the global propionic anhydride market. China, India, Malaysia, and Indonesia have emerged as major consumers of propionic anhydride in the region.
  • China and India are key producers of various pharmaceutical and chemical intermediates. This is expected to boost the demand for propionic anhydride in these countries.
  • North America dominated the global propionic anhydride market, owing to the well-established chemical, food & beverages, and pharmaceutical sectors in the region
  • Expansion in the agriculture sector and production of agrochemicals in Brazil and Mexico are projected to boost the demand for propionic anhydride in Latin America, owing to its increasing usage in agrochemicals
  • Europe is a prominent producer of chemical products, lubricants, and pharmaceuticals. This is augmenting the demand for propionic anhydride in the region.

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Key Players Operating in Market

The global propionic anhydride market is highly competitive with the presence of a number of large- and medium-sized players. High growth potential is encouraging new local as well as international players to enter the market.

Key players operating in the global propionic anhydride market include:

  • Eastman Chemical Company
  • Celanese Corporation
  • UPI Chemical
  • Daicel
  • Zengrui
  • Zhonggang
  • Jinon

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Sodium Perchlorate Market Outlook to Register Substantial Expansion by 2027

Sodium Perchlorate Market: Introduction

  • Sodium perchlorate (NaCIO4) is an inorganic compound synthesized by anodic oxidation of sodium chlorate with platinum. Sodium perchlorate is a white sand-like solid. It is used in explosives, jet fuels, and to make other chemicals. It is also employed in the mining industry to extract vanadium and uranium. Furthermore, sodium chlorate is used as catalyst, as it releases oxygen during decomposition.
  • Sodium perchlorate is largely employed in the preparation of chlorine dioxide, which is an eco-friendly bleaching agent used in the paper & pulp industry

Key Drivers of Sodium Perchlorate Market

  • Sodium perchlorate is one of the widely used chemicals across the globe, especially in the paper & pulp industry. Increase in demand for paper and pulp is one of the key factors driving the global sodium perchlorate market outlook. Sodium perchlorate is employed in on-site production of chlorine dioxide, which is a key bleaching agent used in the Elemental Chlorine Free (ECF) technique of wood pulp bleaching.
  • Demand for superior-quality packaging paper, tissue paper, and craft paper has been increasing among consumers over the last few years. This is likely to provide lucrative opportunities to the global sodium perchlorate market during the forecast period. Easy availability, ease of storage, and cost-effectiveness of sodium perchlorate are driving its adoption in various industries. Rise in demand for sodium perchlorate in dye manufacturing and leather & tanning industries is a significant factor estimated to propel the global sodium perchlorate market outlook during the forecast period.

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Chemical Application Segment to Offer Lucrative Opportunities

  • In terms of revenue, the chemical application segment is estimated to hold significant share of the market during the forecast period, owing to the high demand for sodium perchlorate in various specialty chemicals. Sodium perchlorate is widely utilized as a bleaching agent in the manufacture of eco-friendly and high-quality white paper. Thus, demand for sodium perchlorate is expected to be high in the chemical industry during the forecast period. Increase in trend of using eco-friendly techniques for paper production is anticipated to boost the demand for sodium perchlorate as a bleaching agent in the near future. Environment-related regulations in the U.S. and Canada are also driving the usage of sodium perchlorate as a bleaching agent.
  • Sodium perchlorate is also employed in metal surface treatment applications in construction, automotive, industrial equipment, medical, and aerospace sectors
  • Sodium perchlorate has also emerged as effective defoliant in the agriculture industry. According to the Food and Agriculture Organization, around 90% of growth in global crop production is likely to come from higher yields and increased cropping intensity.

Stringent Government Regulations Likely to Hamper Market

  • Sodium perchlorate is a strong oxidizer; as a result, it is widely used in dyes, explosives, pharmaceuticals, paper & pulp, bleaching agents, and cosmetics. Furthermore, exposure to sodium perchlorate can lead to adverse health effects.
  • Sodium perchlorate can cause dizziness, stomach upset, heart problems, and blue discoloration of skin. It can also cause irritation to throat, nose, and lungs. The Center for Disease Control and Prevention (CDC) introduced a list on sodium perchlorate side effects such as types of hazard, acute symptoms, prevention, and first aid. Regulatory bodies in the U.S. and Europe have offered information on the adverse effects of sodium perchlorate and safety measures. Thus, adverse effects of sodium perchlorate on health is estimated to hamper the global sodium perchlorate market during the forecast period.

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Asia Pacific to Hold Major Share of Global Sodium Perchlorate Market

  • In terms of geography, the global sodium perchlorate can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is estimated to account for major share of the global market in the near future, owing to the presence of numerous chemical companies in the region. China is expected to account for prominent share of the sodium perchlorate market in the near future, due to the presence of several chemical industries in the region.
  • The market in North America is projected to expand at a rapid pace during the forecast period, led by the increase in production of paper and pulp across the region

Key Players in Market

The global sodium perchlorate market is highly concentrated with top manufacturers accounting for approximately 35%–40% share. Key players operating in the sodium perchlorate market include:

  • EMD Chemical
  • Oakton
  • PerkinElmer
  • American Pacific
  • Shree Chlorates
  • GFS Chemicals
  • Thermo Fisher
  • Spectrum Chemical

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Knitting Oils Market Trends to Reflect Impressive Growth Rate by 2027

Knitting Oils Market: Introduction

  • The process of forming fabrics through yarns, with a number of consecutive loops or stiches, is called knitting. The friction is developed in the pair of needle and sinker. Knitting oils are used to provide lubrication between a pair of needle and sinker during the knitting process.
  • Knitting oils are synthesized from high quality light colored mineral oils. This has improved oxidation resistance. Furthermore, they are fortified with special additives in order to impart the excellent property of scourability, which makes them perform self-removal operations during the wet processing for oil stains from the final fabric.
  • Knitting oils can be employed to enhance the overall efficiency of the fabric manufacturing process. Demand for fabrics with enhanced properties is estimated to be high during the forecast period. This can be ascribed to the preferential shift among end-users to opt for high quality fabric with higher prices over low quality fabric. In turn, this is projected to positively impact the demand for knitting oils market trends during the forecast period. However, higher prices of knitting oils may hamper the global market during the forecast period.

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Knitting Oils for Circular Knitting Machines to Offer Lucrative Opportunities

  • Circular knitting machines are used to manufacture various designs with stitch structures such as fleece, blister, 2-sided fabrics, interlock, rib, mattress ticking, needle set-out, plated plush, transfer technique, jacquard, and waffle. Furthermore, dyed as well as raw yarns can be fed into circular knitting machines.
  • Demand for knitted apparel has been rising significantly in diverse applications such as sportswear, shape wear, casuals, protective wear, and winter wear due to the improvement of lifestyle and rise in disposable income of the people, primarily in emerging economies
  • On the other hand, circular knitting machines are preferred for bulk production, owing to their ability to manufacture large diameter fabrics. This is anticipated to fuel the demand for knitting oils in circular knitting machines during the forecast period.

Asia Pacific to Hold Leading Share of Global Knitting Oils Market

  • Geographically, the global knitting oils market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is a leading consumer of knitting oils, followed by Europe and Asia Pacific. Presence of a well-established textile manufacturing industry in China, India, Bangladesh, and Pakistan is driving the demand for knitting oils in Asia Pacific.
  • Increase in adoption of technological advancements, primarily in China and India, in the manufacturing process of fabric has augmented the demand for advanced materials for efficient operations. This is projected to boost the knitting oils market trends in Asia Pacific.
  • Thus, knitting oils market in Asia Pacific is projected to rise at rapid pace region during the forecast period

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Key Players Operating in Knitting Oils Market

The global knitting oils market trends is highly fragmented, with the presence of local and global players. Key players operating in the global knitting oils market are:

  • Vickers Oils
  • BECHEM
  • Nye Lubricants
  • Promar
  • Dutch Lube Company
  • Matsumoto Yushi Seiyaku
  • Kocak Petroleum
  • Zschimmer and Schwarz
  • Hindustan Petroleum
  • Behran Oil
  • Lube Chem Industries
  • SAHA Istanbul
  • Klueber
  • Takemoto
  • Molylub

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TMTD (Tetramethylthiuram Disulfide) Market Analysis, Industry Outlook, Growth and Forecast 2027

TMTD (Tetramethylthiuram Disulfide) Market: Introduction

  • TMTD (tetramethylthiuram disulfide) is a type of rubber vulcanization accelerators. It can activate the vulcanizing agent, which can speed up reaction between the vulcanizing agent and the rubber molecule. This can shorten the vulcanization time.
  • Rubber accelerators can be classified into the following six types based on their chemical structure: sulfenamides, thiazoles, thiurams, guanidines, thioureas, and dithiocarbamates. TMTD (tetramethylthiuram disulfide) falls under the category of thiurams.
  • TMTD acts as an ultra-accelerator and sulfur donor, which is suitable for the conventional curing. TMTD is widely used in rubber processing as an ultra-accelerator for low-temperature curing, either alone or as an activator of other accelerators along with them, primarily thiazoles.
  • TMTD can be used to activate mercaptos and sulfenamides.

Growth of Global Automotive Rubber Sector to Drive Global TMTD (Tetramethylthiuram Disulfide) Market

  • Demand for synthetic rubber has increased in industrial, automotive, and other applications that require high performance, due to its unique properties. The automotive industry is a major consumer of industrial rubber products, which are used in various, dynamic as well as static seals, belts, and hoses.
  • Synthetic rubbers, such as nitrile butadiene rubber and polychloroprene, are widely used in the manufacture of timing belts for cars, owing to their good static and dynamic properties at operational temperatures and good retention properties under continuous exposure to heat
  • Synthetic rubber compounds exhibit excellent mechanical properties and resistance to heat, oil, and fluids in several, demanding automotive applications
  • Thus, the increasing demand for automotive rubber is likely to fuel the demand for TMTD (tetramethylthiuram disulfide) market in the near future

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Applications of TMTD (Tetramethylthiuram Disulfide)

  • In terms of application, the global TMTD market can be segmented into rubber production, plastics, lubricating oils, pesticides, and others. Out of these, rubber production is the dominant application segment. Tetramethylthiuram disulfide is primarily used as a rubber additive (accelerator, peptizing agent, or vulcanizing agent). TMTD is used in the production of synthetic as well as natural rubber. As for rubber applications, it is primarily used in the production of tires, inner tubes of tires, shoes, and cables.
  • TMTD (tetramethylthiuram disulfide) is also used as an additive in the manufacture of plastics and as an ingredient in pesticides, insecticides, agricultural disinfectants, antiseptic sprays, commercial and surgical soaps, wood preservatives, and lubricating oils
  • TMTD can be used alone or in combination with other accelerators in applications such as mechanical goods, hoses, cables, seals, tires, conveyor belts, transparent goods, proofed textiles, latex goods, and ebonite

Key players operating in the global TMTD (tetramethylthiuram disulfide) market include:

  • LANXESS Deutschland GmbH
  • Eastman Chemical Company
  • Western Reserve Chemical Corporation
  • Nocil Limited
  • TCI (Shanghai) Development Co., Ltd.
  • China Sunsine Chemical Holdings Limited

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Self-reinforced Polyphenylene Market – Industry Trends and Analysis 2027

Self-reinforced Polyphenylene Market: Overview

  • Self-reinforced polyphenylene (SRP) is a type of thermoplastic. It is also known as poly-para-phenylene (PPP) copolymer.
  • SRP is one of the strongest and hardest engineering thermoplastics. It is melt-processable. It has exceptional mechanical properties.
  • Self-reinforcing polyphenylene is an ultra-performance engineering polymer, containing a backbone of directly linked phenylene units
  • SRP possesses various properties such as high stiffness, good chemical resistance, high wear resistance, low shrinkage, resistance to UV and gamma rays, dimensional stability, and exceptional performance at low temperatures
  • Self-reinforced polyphenylene (SRP) polymers are amorphous in nature and they have glass transition temperatures (Tg). These temperatures fall within the range of 150°C–180°C, depending on the particular grade and composition. SRP polymers are transparent in their natural state, due to their amorphous nature.

Key Drivers of Global Self-reinforced Polyphenylene Market

  • The global self-reinforced polyphenylene market is anticipated to expand significantly during the forecast period. This growth is attributable to rising demand for high-strength lightweight vehicles in the automotive industry.
  • Growing awareness about properties offered by self-reinforced polyphenylene polymers when used in electronics materials, such as high dimensional stability and good conductive characteristics, is likely to be a driving factor for the global self-reinforced polyphenylene market during the forecast period
  • Developing economies, such as India and China, are witnessing rise in the demand for automobiles, medical devices, and electronic devices. China is a leading consumer of self-reinforced polyphenylene polymers, due to presence of an established automotive industry in the country.
  • Increasing urbanization, rising disposable incomes, and developing infrastructure are key factors propelling the global self-reinforced polyphenylene market
  • On the other hand, volatile prices of raw materials, economic slowdown, and stringent government regulations may affect the global self-reinforced polyphenylene market

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Key Players Operating in Global Market

Prominent players operating in the global self-reinforced polyphenylene market are entering into partnerships, collaborations, mergers, and acquisitions to expand their customer base across the world

Key players operating in the global self-reinforced polyphenylene market are:

  • Solvay
  • Ensinger
  • PMC SMART Solutions, LLC
  • Mitsubishi Chemical Advanced Materials

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Polyether Ether Ketone Market Sales, Size, Share and Forecast 2024

The global polyetheretherketone (PEEK) market has a consolidative vendor landscape, the analysts of Transparency Market Research (TMR) estimates based on a detailed investigation. The key players in the polyetheretherketone (PEEK) market, including Solvay S.A., Evonik Industries, and Panjin Zhongrun High Performance Engineering Plastic Co., Ltd are operating in the global polyetheretherketone (PEEK) market. In 2015, Victrex plc accounted for the dominant share of 66.3% in the global polyetheretherketone (PEEK) market. This defined the highly consolidated vendor landscape of the market.

According to TMR, the global polyetheretherketone (PEEK) market is estimated to expand at a CAGR of 7.1% over the forecast period from 2016 to 2024. With this robust CAGR, the market is expected to attain a value of US$832.6 mn by the end of 2024 from a value of US$451.5 mn in 2015.

Over the most recent couple of years, the use of PEEK has expanded at a gigantic pace essentially due its remarkable mechanical properties. PEEK has a much lower thickness than metals. Configuration engineers are in this way progressively utilizing PEEK as a mainstream substitute for metals in assorted applications. For example, constrained by stringent discharge control standards carmakers are constrained to move towards utilizing lightweight materials. Prodded by this, the worldwide polyetheretherketone market is figure to display solid development over the span of the gauge time frame.

Furthermore, with the pattern of scaling down electrical things picking up pace, the market is probably going to observe worthwhile development openings. PEEK keeps up its electrical exhibitions even at high frequencies and has high quality at raised temperatures. These mechanical properties make it perfect for use in the scaling down of electrical parts. Other than this, PEEK makers are planning to pick up essentially from the rising utilization of PEEK in the restorative business. PEEK inserts are bone accommodating and offer more noteworthy biocompatibility, which make them more helpful than metal inserts.

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Staggering expense of PEEK Grades Considered Major Restraint to Growth

On the drawback, an extensive number of organizations shun utilizing a couple of evaluations of PEEK, which are estimated higher than other superior plastics. PEEK is regularly costly because of the mind-boggling expense of monomer and progressed innovative prerequisites. This factor is limiting the market’s direction to a degree. What’s more, innovative difficulties in trim PEEK present danger to the market. Stringent administrative hindrances on the utilization of PEEK crosswise over different application will likewise make bottlenecks for the worldwide PEEK market, accordingly antagonistically influencing its prospects for development.

By the by, with advancement of new applications and rising open doors in the developing countries, PEEK producers can hope to observe solid development in the pending years.

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Pest Control Market Analysis and Industry Outlook 2026

Pest control is defined as regulation or management of species of the animal kingdom that impact human activities and hamper the performance of various human related activities. Pest control measures may be performed as part of an integrated pest management strategy. For instance, keeping pests at bay through cultural, chemical, and biological means is a common strategy employed in the agriculture industry. Furthermore, plowing and cultivation of the soil before sowing mitigates the nuisance of pests. There is a modern trend to limit the use of pesticides as far as possible. This can be achieved by monitoring the crop and applying insecticides only when necessary. Growing crops that are resistant to pests is another way of limiting the usage of pesticides.

Rise in urbanization and industrialization is also boosting the demand for pest control products. This, in turn, is augmenting the pest control market. Additionally, the change in climatic conditions, which helps in the growth of pests, is propelling the demand for pest control products. Implementation of stringent regulations regarding pest control in commercial buildings, hospitals, etc. is also fueling the demand for pest control products. This, in turn, is driving the pest control market.

Based on type, the pest control market can be segmented into chemical pest control, mechanical pest control, biological pest control, and others.

In terms of pest type, the pest control market can be divided into insects, termites, rodents, and others.

Based on application, the pest control market can be segregated into commercial, residential, agricultural, industrial, and others. Of these, the agricultural segment is expected to expand at the highest CAGR during the forecast period. In terms of value, the commercial and residential segments collectively accounted for more than 50% share of the pest control market in 2018. In terms of value, the agricultural segment holds significant share of the market owing to the rising need for the protection of crops.

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Based on region, the pest control market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market owing to the implementation of new food safety and hygiene legislations in the region. North America accounted for almost 50% share of the global pest control market in 2017. The market in the region is anticipated to expand significantly, led by the rise in awareness about the outbreak of diseases related to pests.

Key players operating in the pest control market are Rentokil Initial PLC, BASF SE, Ecolab Inc., Syngenta AG, National Pest Control, Orkin, LLC, Lindsey Pest Control, Bayer AG, FMC Corporation, and Rollins, Inc.

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Organometallics Market Sales, Share, Growth and Forecast 2023

The demand within the global organometallics market is rising alongside advancements in chemical testing and experimentation. The scope of research within the chemical industry is difficult to estimate, and this factor has played an integral role in the growth of the global market. The application of organometallics in a wide range of chemical experiments is an important consideration from the perspective of market growth. The profit margins of sellers operating in the chemicals industry are quite large. This factor has led to the entry of new entities in the global organometallics market. However, the complications of manufacturing and material procurement could hamper the growth of these vendors.

On the basis of geography, the global organometallics market is segmented into South America, Europe, North America, The Middle East, and Asia Pacific. The organometallics market in Asia Pacific is poised to attract a large amount of revenues. The presence of an active and functional chemical industry that boasts of research excellence is behind the growth of the regional market.

Compounds that contain metal-carbon bonds are known as organometallic compounds. Organometallic compounds include metal to hydrogen bonds and compounds containing nonmetallic (metalloid) elements bonded to carbon. Organometallic compounds are manufactured by reacting a metal with a reactive hydrocarbon or an alkyl halide or through substitution. There are five major types of organometallic compounds depending upon the nature of the metal-carbon bond: ionic organometallic compounds; organometallic compounds containing metal-carbon bond; ylides; organometallic compounds with multicenter bonds; and organometallic compounds with pi bonded ligands. Ionic organometallic compounds consist of alkali metals and havea short lifespan due to their high reactivity. Metallic elements of Group II, III, IV, and V are organometallic compounds containing metal-carbon sigma bond. Ylides are compounds formed primarily by transition elements. Electron-deficient organometallic compounds are a part of organometallic compounds with multicenter bonds. Organometallic compounds with pi bonded ligands include organometallic compounds of alkenes and alkynes.

Organometallic compounds of lithium and magnesium are the most versatile organic reagents. Common properties of organometallic compounds are insolubility in water, low melting point, solubility in solvents and ether, toxicity, high reactivity, and oxidizability. Organometallic reagents are often used in organic synthesis and can be employed in various applications. These include halogen-metal exchange and deprotonation. Organometallic compounds are used extensively in the following end user industries: agrochemical, electronics, pharmaceutical, and personal care.

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The global organometallic compounds market is expected to expand at a rapid rate during the forecast period due to increasing use of these compounds in end-user applications such as catalytic processes employed in the chemical industry. Additionally, growth in the textile industry is anticipated to augment the demand for organometallics during the forecast period. Organometallics are used in the manufacture of polymers, which are employed as precursors in the fabrication of textiles. However, availability of substitutes and fluctuation in prices of raw materials are estimated to hamper market growth.

The organometallics compounds market is dominated by large and medium chemical and material companies. Key players operating in the market include Baoji Guokang Bio-Technology Co., Ltd., Matrix Guangzhou Chemicals Corp., American Elements, Akzo Nobel India Ltd, GFS Chemicals, Inc., HOS-Technik GmBH, Alfa Aesar, FMC Corporation, NOAH Technologies Corporation, Blue Line Corporation, Chemetall Group, Pfaltz & Bauer Inc., Hydrite Chemical Co, Reaxis Inc., Univar USA Inc, Coastal Chemical Co., LLC, Bide Pharmatech Ltd., Albemarle Corporation, and Tulip Chemicals Pvt. Ltd. Companies carry out strategic acquisitions and mergers to expand their market share. Companies also emphasize on developing high-quality, cost-effective chemicals and optimizing their manufacturing and supply distribution systems.

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Nylon 1010 Market Manufactures and Key Statistics Analysis 2027

Nylon 1010 Market: Introduction

  • Nylon 1010 is a polyamide fiber, and is also known as polyamide 1010. It is generally manufactured through condensation of a diacid and diamine.
  • Nylon 1010 has low moisture absorption, improved chemical resistance, and excellent ultraviolet ray resistivity. Furthermore, it offers resistance to zinc chloride solution, making it a suitable material for injection molding and extrusion.
  • Nylon 1010 is a bio-based polymer with significant bio-content. It is extracted from castor oil, and a non-food & plant based source. Nylon 1010 possesses excellent mechanical properties such as mechanical strength, high melting point, and compact melting point.
  • Nylon 1010 is employed in a wide range of applications including automotive, electrical & electronics, consumer goods, engineering parts, housings, industrial, building & construction, sporting goods, and packaging.
  • Rise in popularity of nylon 1010 due to its excellent material properties and environment-friendly nature is anticipated to drive the nylon 1010 market during the forecast period. However, higher cost of nylon 1010 than other alternatives is projected to hamper the market during the forecast period.

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Demand for Nylon 1010 in Automotive Industry to Rise at Rapid Pace

  • Technological advancements in design and environmental concerns have augmented the demand for lightweight and high quality automotive parts across the globe. Furthermore, emergence of e-vehicles is projected to boost the demand for low weight-high strength automotive components.
  • Nylon 1010 offers higher strength and has lower weight than other alternatives due to its compact molecular structure. Furthermore, nylon 1010 is preferred in automotive design due to its eco-friendly nature.  Thus, nylon 1010 market is anticipated to increase at a rapid pace in the automotive industry during the forecast period.

Key Players in Nylon 1010 Market

The nylon 1010 market is fragmented due to the presence of large numbers of local and global players. Key players operating in the nylon 1010 market include:

  • DuPont de Nemours, Inc.
  • Evonik Industries AG
  • Arkema
  • Ube Industries, Ltd.

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Marine Hybrid Propulsion Market Analysis, Industry Outlook, Growth and Forecast 2027

Key Highlights the Global Marine Hybrid Propulsion Market

  • The analysts of the Transparency Market Research repot have projected the demand in the global marine hybrid propulsion market to proliferate at a notable CAGR of 8.4% during the forecast period of 2019 to 2027.
  • The analysts have also forecasted the opportunities in this market to translate into a revenue of US$7,586.41 Mn by the end of 2027, swelling up from its evaluated worth of US$3,550.40 Mn in 2018.
  • Based on propulsion type, the market has been segmented into diesel-electric, serial hybrid, and parallel hybrid, whereas on the basis of end use, the analysts have bifurcated the market into tugboats, ferries, defense vessels, offshore support vessels (OSV’s), yacht, and cruise ships.
  • The market has also been classified on the basis of power rating, stroke, and RPM. Geographically, the report highlights Europe as the region that is providing for the maximum demand in the global marine hybrid propulsion market, although the demand from Asia Pacific has been ascribed for an above-average CAGR  of 10.8% during the forecast period of 2019 to 2027.

Increased International Trade to Drive Global Marine Hybrid Propulsion Market

  • In the recent past, there has been a substantial increment in International trade, which has tremendously added to the demand for modes of water transportation that are cost effective as well as efficient.
  • Marine hybrid propulsion not only offer improved fuel efficiency but also adhere to stringent environmental regulations that a number of countries have installed owing to the growing concerns of global warming caused as a result of fossil fuel.
  • The system utilizes the unused capacity of the main diesel engine to generate electricity and store it in batteries for later use.  In recent years, marine hybrid propulsion systems have emerged as a reliable method of clean propulsion and a number of vessel categories are utilizing it. In addition to that, increased defense budget by various emerging economies, particularly for sea-based defense and maritime security and gradual adoption of LNG over conventional marine fuels are expected to open new opportunities in the global marine hybrid propulsion market. Moreover, the ease with which these systems can be configured and installed has helped the adoption substantially.

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Volatility of Crude oil Prices to Hamper the Global Marine Hybrid Propulsion Market

  • On the other hand, volatility of crude oil prices is the most prominent restraint over the true prosperity of the global marine hybrid propulsion market. The system utilizes the unused capacity of the main diesel engine to generate electricity and store it in batteries for later use.

Major Developments in Global Marine Hybrid Propulsion Market

  • By the end of 2020, Rolls-Royce is planning to bring in to the market a range of completely integrated MTU hybrid propulsion systems for ships, yachts, workboats, ferries and patrol boats. The propulsion systems will have a power range extending from around 1,000kW-4,000kW per powertrain. By this the company aiming to provide significant benefits to customers. The combination of diesel engines and electric motors, in addition to batteries, will provide efficiency, environmental compatibility and the flexibility of the propulsion system.

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Aerospace & Defense Windshield Wiper Systems Market Value Chain and Stakeholder Analysis

The function of the windshield wipers systems in the aircraft is much similar to those which are used in the automobiles. The windshield wipers systems in the aircraft are able to resist the air loads caused due to the high speed. In addition, the windshield wipers are designed to offer a clear area during landing, approach and takeoff. The aerospace and defense windshield wiper systems market will grow at a high CAGR during the forecast period of 2017 – 2025.

Based on aircraft type, the global aerospace & defense windshield wiper systems market is segmented into wide body, narrow body, general aviation, very large aircraft, military aircraft, helicopter and others. Among various aircraft type, in 2016, the narrow body segment estimated to be the major market followed by military aircraft and expected to be the same during the forecast period of 2017 – 2025. Increase in the demand of aerospace & defense windshield wiper systems in developing countries such as India, Brazil and Argentina among others is expected to be one of the major factor fueling the regional aircraft segment in global aerospace & defense windshield wiper systems market during the forecast period 2017 – 2025.

Based on fit type, the global aerospace & defense windshield wiper systems market is segmented into retrofit and line fit. Among various fit type, the retrofit segment estimated to be the higher CAGR during the forecast period of 2017 – 2025. Outsourcing of manufacturing windshield wiper systemsto lowcost countries is one of the major key trends of the aerospace and defense windshield wiper systems market.

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The supply chain of global aerospace & defense windshield wiper systems market comprises of windshield wiper system manufacturers, raw material manufacturers, airline companies and aircraft OEMs. The key aircraft OEMs are Airbus, Boeing, Lockheed Martin, Embraer, Gulfstream Bombardier, Cessna and ATR. They key airline companies are Delta Airlines, Air Asia, American Airlines and Lufthansa Airlines.

By geography, the global aerospace & defense windshield wiper systems market has been classified into six regions namely North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. In 2016, North America held the largest market share in the aerospace & defense windshield wiper systems market followed by Europe. Some of the major factors driving the market for aerospace & defense windshield wiper systems market in North America are increase in collaboration with OEMs and new product development among others. In 2016, the U.S. is the key market for the aerospace & defense windshield wiper systems, globally.Asia-Pacific is expected to witness the highest CAGR among all regions during the forecast period of 2017 – 2025. Countries such as India, China and Japan are the key market for the aerospace & defense windshield wiper systems in Asia Pacific. Factors such as long terms contracts, increase in manufacturing windshield wiper systems and increasing demand of wiper systems in various countries such as India and China among others is the major factors boosting the demand of aerospace & defense windshield wiper systemsmarket in Asia Pacific.Middle East and Africa is expected to grow at a healthy rate during the forecast period of 2017 – 2025. Partnership with major OEMs such as Boeing, Lockheed Martin andEmbraer among others is the major market boosting the market for Aerospace & defense windshield wiper systems in Middle East and Africa.

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Some of the major players in the aerospace & defense windshield wiper systemsmarket include are Zodiac Aerospace (France), UTC Aerospace Systems (United States), LMI Aerospace, Inc (United States), GKN Aerospace (United Kingdom) and SIFCO Industries Inc (United States). These key players are targeting the developing economies and are applying various methods to increase their market share. In addition, some of the other major players Mitsubishi Heavy Industries (Japan), Bombardier Inc (Canada), Embraer Aircraft Holding, Inc (Brazil) and Boeing (United States) and among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Poultry Processing Equipment Market Size, Share, Growth, Trends, and Forecast

Poultry Processing Equipment Market: Introduction

  • Demand for poultry processing equipment is expected to increase in the coming years due to several health benefits associated with poultry meat products. Poultry meat products have various nutrients such as proteins, minerals, vitamins, and omega-3 fatty acids. Docosahexaenoic Acid (DHA) and Eicosapentaenoic Acid (EPA) in poultry meat products help in weight management, and cognitive function, and in preventing Alzheimer’s disease.
  • In addition, other nutrients present in poultry meat products help in brain development and in reproduction.

Poultry Processing Equipment Market Dynamics

  • Increasing awareness about the nutritional value of poultry products is considered to be one of the major factors affecting the growth of the poultry processing equipment market.
  • Manufacturers of poultry product equipment are focusing on designing innovative processing equipment that work efficiently to increase shelf-life of poultry meat products, avoid disease contamination, and help to retain maximum nutrients of the product with nil or negotiable loss of product quality. This is expected to intensify competition in the poultry products equipment market.
  • Moreover, technological advancements in food processing equipment is another key factor driving the growth of the poultry processing equipment market.
  • Additionally, growing demand for convenient and packaged food products due to hectic schedules and increasing number of working women has augmented the demand for processed food products. Processed meat and poultry products are gaining popularity across different regions as compared to home-cooked food. Thus, growing demand for convenient meat and poultry products is expected to propel the demand for poultry processing equipment, thereby driving the growth of the market.
  • However, high capital investment associated with the initial purchase of poultry processing equipment is expected to be a major factor limiting the growth of the market in the upcoming years.

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Poultry Processing Equipment Market: Segmentation Analysis

  • On the basis of equipment type, the global poultry processing equipment market can be divided into killing and defeathering equipment, evisceration (removal of innards) equipment, cut-up machines, deboning and skinning equipment, marinating and tumbling equipment, and others.
  • The killing and defeathering equipment segment accounted for major market share in 2018, followed by cut-up machines. The segment is projected to maintain its dominance in the global poultry processing equipment market throughout the forecast period.
  • Growing adoption of automation in the poultry processing industry has augmented the adoption of killing and defeathering equipment, resulting in growth in demand for poultry processing equipment.
  • On the basis of poultry type, the poultry processing equipment market is segmented into chicken, duck, turkey, and others. Chicken meat segment is likely to account for leading share of the market from 2019 to 2027 as consumption of chicken is growing at a fast rate compared to other meat. This segment is also expected to expand at a significant rate in the upcoming years.
  • Based on meat product type, the market can be classified into fresh processed, pre-cooked, raw-cooked, raw-fermented sausages, dried, and cured among others. Fresh processed meat category occupied the highest market share in 2018.

North America to Lead the Global Market for Poultry Processing Equipment

  • In terms of region, the global poultry processing equipment market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America accounted for major share of the poultry processing equipment market in 2018.
  • The poultry processing equipment market in North America is majorly impacted by the increasing government support for the expansion of the poultry processing industry across the region. In addition, strict government regulations to ensure food quality and shift of consumer preference toward value-added food enriched with high-protein and zero-fat, has augmented the demand for poultry processing equipment in North America.
  • The poultry processing equipment market in Asia Pacific is anticipated to expand at a rapid pace in the near future due to significant increase in consumption of high-protein foods such as meat and poultry products. Asian countries such as China, India, Vietnam, Thailand, and Japan are experiencing strong growth in consumption of meat. This is expected to be a major factor that drives the demand for poultry processing equipment, thereby boosting the poultry processing equipment market in the region.

Key Manufacturers Operating in the Market

The global poultry processing equipment market was highly concentrated in 2018, with presence of numerous large and small scale established market players who have prominent share in the market. These vendors are engaged in offering varied products to end-users and adopt different strategies to survive in this competitive environment. Key manufacturers operating in the global market are:

  • BFE Services Pty Ltd
  • BAADER Group
  • Cantrell
  • Meyn Food Processing Technology B.V
  • Marel
  • Prime Equipment Group, Inc.

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Global Poultry Processing Equipment Market: Research Scope

Poultry Processing Equipment Market, by Equipment Type

  • Killing & Defeathering
  • Evisceration
  • Cut-up Machines
  • Deboning and Skinning Equipment
  • Marinating and Tumbling Equipment
  • Others

Poultry Processing Equipment Market, by Poultry Type

  • Chicken Meat
  • Turkey Meat
  • Duck Meat
  • Others

Poultry Processing Equipment Market, by Meat Product Type

  • Fresh Processed
  • Raw Cooked
  • Pre-Cooked
  • Raw Fermented Sausages
  • Cured
  • Dried
  • Others

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Connected Agriculture Market Size, Share, Growth, Trends and Forecast 2018 – 2026

Global Connected Agriculture Market: Overview

The source of mobile telecommunication which can links various markets for instance, finance, can even check the price of the commodity, whether forecast, various agricultural technique and seller and buyers of the commodity. These are some of the key drivers that are expected to stimulate the growth of the global connected agriculture market in the coming years.

The report provides an in-depth analysis about the connected agriculture market along. The segmental and regional analysis of this market is also included in the study. The major drivers, restraints pertaining to the global connected agriculture market are also provided in the research report. The competitive landscape of the connected agriculture market is also given in the research report. The report also highlights the advent of technologies that will stir growth of this market.

Global Connected Agriculture Market: Trends and Opportunities 

The increasing demand for various solutions in order to improve farmers’ return yield is supporting the growth of the connected agriculture market. In addition, various service providers are seen focusing on the global connected agriculture market to offer concurrent information to their end users. Additionally, mobile based transaction service suppliers are allowing farmers to shape their real time expenses.  This has further supported growth in the global connected agriculture market, thereby expected to create several opportunities for market participants in the coming years.

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The growth of the connected agriculture market also depends on potential to conduct economic transaction without difficulty in the countryside area. The easy access to agricultural data is another factor expected to drive growth in the global connected agriculture market in the coming years.

Global Connected Agriculture Market: Regional Analysis 

From a geographical point of view, North America is likely to dominate global connected agriculture market owing to growing adoption among the small farmers. The North America region has farms with well-equipped farming equipment and this is largely contributing towards growth of the global connected agriculture market. However, other developing economies such as APAC are expected to register significant growth in the global connected agriculture market in the coming years. This is due to growing investment in connected agriculture and implementation of cloud based solutions, which further contributes towards the market’s growth. On the other hand, lack of standardization for data in several regions is likely to affect the widespread adoption of connected agriculture solutions.

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Global Connected Agriculture Market: Companies Mentioned 

This section of the report provides major insights about the major players operating in the global connected agriculture market. Some of the prominent vendors functioning in the global connected agriculture market are Decisive Farming (Canada), Accenture (Ireland), SatSure (UK), and Microsoft (US). The global connected agriculture market demonstrates a fragmented structure owing to large number of players operating in this market. The market participants are majorly focused towards mergers and acquisition in order to strengthen their footprint across the globe. In addition, manufacturers are also focusing towards strategic mergers and acquisitions, and partnerships in order to develop innovative solutions for connected agriculture consumers.

This report gives access to decisive data, such as: 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years 

Key highlights of this report include: 

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

 

Collision Avoidance Sensor Market Expected to Reach US$ 12 Bn by 2027

Collision Avoidance Sensor Market: Introduction

Transparency Market Research delivers key insights on the global collision avoidance sensor market. In terms of revenue, the global collision avoidance sensor market is estimated to expand at a CAGR of 13% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global collision avoidance sensor market.

Various equipment are required for sensing of an object in front of an insensible object. Transportation systems such as cars and aircraft require a safe warning system in case of any object obstructing their path. These warning systems can be equipped with various sensors that can detect very small objects in front of them. A collision avoidance system (CAS), also known as a pre-crash system, forward collision warning system, or collision mitigation system, is an automobile, drone, or aircraft safety system designed to prevent or reduce the severity of a collision.

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In its basic form, a forward collision warning system monitors the vehicle speed, the speed of another vehicle in front of it, and the distance between the two vehicles so as to warn the driver if the other vehicle gets too close. Increasing demand for usage of premium vehicles worldwide and government regulations on autonomous vehicles and automobile safety systems are expected to boost the global collision avoidance sensor market during the forecast period.

Collision Avoidance Sensor Market: Dynamics

Technological advancements, growing concerns about safety, and rising purchasing power of buyers for premium or autonomous cars are factors driving the sale of high-end and medium-range vehicles worldwide.

This advanced class of vehicles consisting of anti-collision sensors with different technologies such as radar, LiDAR, or ultrasound comprises advanced driver assistant systems such as brake assists, forward-collision warning, lane-departure warning, automatic emergency braking, pedestrian detection, adaptive cruise control, blind-spot detection, automatic high beams, and backup cameras. Several of these features are made mandatory by governments and regulatory bodies across the world.

The European Union has already mandated the use of autonomous emergency braking systems, lane departure warning systems, electronic stability controls, and automatic brake systems in vehicles. Due to increasing demand for autonomous vehicles, automobile manufacturers across the world are significantly investing in R&D activities and introducing innovative features in monitoring, warning, steering, and braking systems for differentiation of products from its competitors.  These are expected to be prominent factors propelling the global collision avoidance sensor market during the forecast period.

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Collision Avoidance Sensor Market: Prominent Regions

Europe is the dominant region of the global collision avoidance sensor market. Growth of the market in the region can be attributed to high investments in collision avoidance sensor systems in the region. In this technology, various types of sensors are used, which include radar, LiDAR, and ultrasonic sensors. Among these, radar anti-collision sensors are largely used for safety systems in the region. Additionally, various regulations have been imposed by governments in the region on the use of ADAS (Advanced Driver Assistance Systems). The range and the lack of wide bandwidth make the 24 GHz band unattractive for implementation in new radar systems. The need for high performance in emerging radar applications adds to this. Thus, from 2022, owing to spectrum regulations and standards developed by the Federal Communications Commission (FCC) and the European Telecommunications Standards Institute (ETSI), the ultra-wide band (UWB) is expected to be completely phased out. This is likely to boost the demand for collision avoidance sensors in Europe between 2019 and 2027. The market in North America and Asia Pacific is estimated to witness significant growth during the forecast period, owing to high demand for premium and safety vehicles in these regions. The collision avoidance sensor market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Collision Avoidance Sensor Market: Key Players

Key players operating in the global collision avoidance sensor market are Robert Bosch GmbH, Denso Corporation, Rockwell Collins, General Electric Company, Continental AG, Honeywell International Inc., Infineon Technologies AG., Magna International Inc., Microchip Technology Inc., and NXP Semiconductor.

Global Collision Avoidance Sensor Market: Segmentation

Collision Avoidance Sensor Market, by Technology

  • Radar
  • LiDAR
  • Ultrasound
  • Others

Collision Avoidance Sensor Market, by Application

  • Object Detection
  • Blind Spot Detection
  • Lane Departure Warning System
  • Adaptive Cruise Control
  • Parking Assistance
  • Others

Collision Avoidance Sensor Market, by End-use Industry

  • Automotive (including Passenger Vehicles and Commercial Vehicles)
  • Aerospace & Defense
  • Marine
  • Warehousing & Logistics
  • Others

The Demand for Anti-Aging Products Will Boost the Growth of the Skincare Packaging Market

Transparency Market Research (TMR) analyzed the skincare packaging market in its recent report titled “Skincare Packaging Market: Global Industry Analysis 2013 – 2018 and Opportunity Assessment 2019 – 2027.” In terms of market value, the global skincare packaging market is anticipated to expand at a CAGR of 4.8% during the forecast period.

The global beauty & personal care market is experiencing impressive growth and is estimated to be around US$ 450 Bn in 2018. In the global beauty & personal care market, skincare products are anticipated to be the largest segment in terms of market value and accounts for nearly US$ 110 Bn in 2018. The developments such as organic skincare products and introduction of new brands fuel the demand for skincare packaging products. In the global skincare packaging market, strong growth in demand for high barrier plastic bottle and jar skincare packaging solutions has been observed over the past few years owing to the cost effective shelf-life enhancer. Europe is estimated to be the largest marketplace for skincare packaging as many cosmetics and personal care manufacturers are based in the region. The increasing concern regarding skin health among millennial, entry of key packaging leaders in the skincare packaging market, and improved spending power of consumers are some of the key drivers for the Asia Pacific skincare packaging market.

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Global skincare packaging market is segmented on the basis of packaging type, material, and skincare products.

China, India, Japan, Australia & New Zealand are the key participants in the Asia Pacific skincare packaging market. China and India cosmetics packaging market is estimated to witness impressive growth due to the introduction of new skincare products for millennial. Owing to the increased competition among key players for producing innovative and aesthetic skincare packaging at a low cost, Chinese and Indian skincare packaging manufacturers are focusing more on research and development. This market scenario will play a major role in increasing the demand for skincare packaging in the future. The key players of skincare packaging market from Europe and North America geographies are expanding their presence in the Asia Pacific region.

The European skincare packaging market is analyzed by studying prominent countries such as the United Kingdom, Germany, France, Spain, Italy, and the Rest of Europe. Online sales of cosmetic products are trending among European consumers, which makes it essential to produce packaging with strong aesthetic appeal. The North American skincare packaging market is divided into the United States and Canada. The United States is estimated to be the largest skincare packaging market in the region due to premiumization in the skincare products.

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Canada is projected to be a highly attractive skincare packaging market in terms of growth rate during the forecast period. The Middle East & Africa skincare packaging market is highly influenced by the demand from GCC Countries, South Africa, North Africa, Israel, and Turkey. GCC countries are estimated to be the largest market for skincare packaging products throughout the forecast period. In Latin America skincare packaging market, Brazil is projected to be the largest skincare packaging market in terms of value. Mexico is expected to witness fast-paced growth in the skincare packaging market during the forecast period. The United States is estimated to be the largest skincare packaging market among all the countries across the globe in present market scenerio.

The key manufacturers operating in the global skincare packaging market include ABC Packaging Ltd., Albea S.A., Alovey Cosmetic Packaging Co. Ltd., Amcor Limited, Aptar Group, Inc., Coverpla S.A., Essel Propack Ltd., Fusion Packaging, Gerresheimer AG, HCP Packaging, HCT Group, Libo Cosmetics Company, Ltd., Quadpack Industries, Rise Cosmetic Packaging Co., Ltd., RPC Group Plc, Saverglass sas, Smurfit Kappa Group PLC, Swallowfield Plc, and The Packaging Company.

In this report, Transparency Market Research has presented the strategies of the key players tracked by an analysis of the current developments related to the skincare packaging product segments by these manufacturers. To provide a comparative analysis of the profiled manufacturers of the skincare packaging products, a competitive landscape is provided in the report.

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Parkinson’s Disease Therapeutics Market Research by Top Key Players, Applications and Forecast Report 2017 – 2025

The global Parkinson’s disease therapeutics market was valued at US$ 2.18 Bn in 2016 and is projected to register a cumulative annual growth rate (CAGR) of more than 10.9% from 2017 to 2025, according to a new report titled “Parkinson’s Disease Threapeutics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025” published by Transparency Market Research (TMR) (. The report states that high prevalence of Parkinson’s disease, rise in geriatric population across the globe, increase in funding for clinical research and grants, etc. are expected to spur the growth of the Parkinson’s disease therapeutic drugs during the forecast period, i.e. 2017 to 2025.

North America and Europe are projected to dominate the global Parkinson’s disease therapeutics market in the near future, primarily due to the large base of aging population, high clinical R&D budget to address the unmet needs of Parkinson’s disease, and increase in awareness regarding the disease in these regions. Europe is estimated to dominate the global Parkinson’s disease therapeutics market by the end of 2025, which can be ascribed to the high prevalence and rise in incidence rate of Parkinson’s disease in the developed countries in the region such as Germany, France, the U.K., and Italy, promising product pipeline, and various initiatives undertaken by the government and non-profit organizations to promote awareness regarding the disease. The Parkinson’s disease therapeutics market in Europe is expected to witness the highest CAGR of more than 11.0% from 2017-2025.

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High prevalence and rise in incidence rate of Parkinson’s disease to fuel the global market

Parkinson’s disease is a highly prevalent age-related neurodegenerative disorder, affecting millions of people worldwide and causing severe impact on their physical, psychological, as well as emotional health. The exact cause of Parkinson’s disease is not known. It is largely prevalent among the geriatric population. Classifying by gender, men are one-and-half times more affected by the disease than women. According to the Parkinson’s Foundation based in the U.S., it is estimated that worldwide around 7 to 10 million people are affected by Parkinson’s disease and around 1 million Americans are living with it. However, the exact number of patients suffering from Parkinson’s disease is known due to incompleteness and inconsistency in the prevalent studies and underdiagnosed cases.

According to the Global Burden of Disease Study, it is estimated that around 13 million people will be affected by Parkinson’s disease worldwide by the year 2040. China has the world’s largest population affected with Parkinson’s disease, which is an estimated 2.5 million people, and the number is likely to become double by the end of 2030, accounting for half of the world’s population suffering from the disease. The rapidly growing geriatric population, coupled with high prevalence and increasing incidence rate of Parkinson’s disease in the developed countries, is projected to a key driving factor of the Parkinson’s disease therapeutics market during the forecast period.

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Levodopa combination drugs to be an attractive product segment

The report offers detailed segmentation of the global Parkinson’s disease therapeutics market based on drug class, route of administration, and distribution channel. Among drug classes, the levodopa combination drugs segment is poised to account for the leading share of the global market during the forecast period from 2017 to 2025. Levodopa combination therapy is considered a highly-effective treatment for the motor symptoms associated with Parkinson’s disease and is commonly recommended by physicians across the globe. Carbidopa and levodopa combination therapy is commonly used for management of motor fluctuations in Parkinson’s disease.

The recent approval by the United States FDA and launch of Duopa in 2015 by AbbVie Inc. had significantly promoted levodopa combination drugs in 2016. Also, the anticipated launch of pipeline study of CVT-301 by Acorda Therapeutics, Inc. and ND0612 from Mitsubishi Tanabe by the end of 2019 is estimated to propel the segment’s growth during the forecast period

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Oral route of administration, followed by intestinal infusion segment, dominates the market

In terms of route of administration, the oral route is projected to dominate the global Parkinson’s disease therapeutics market during the forecast period and is estimated to expand at a CAGR of more than 7.5% from 2017-2025. More than 70% of the drugs available for treatment of Parkinson’s disease are in the tablet and capsule form. Some of the drugs are orally disintegrated. However, the estimated launch of sublingual film by SUNOVION and inhaled formulation by Acorda Therapeutics, Inc. during the forecast period is likely to gain market exceeding 15% by the end of 2025. Also, rise in adoption and demand for subcutaneous injections and promising pipeline products with subcutaneous route of administration for home management of Parkinson’s disease are estimated to limit the growth of the oral route of administration segment by the end of 2025.

Retail pharmacy, followed by hospital pharmacy segment, dominates the market

Among distribution channels, the retail pharmacy segment is projected to hold the dominant share of the global Parkinson’s disease therapeutics market during the forecast period and is likely to expand at CAGR of more than 11% from 2017 to 2025. Easy availability of Parkinson’s therapeutic drugs at retail pharmacies, low price of the drugs, and expansion of leading retail pharmaceutical chains across the globe are driving the growth of the segment. The hospital pharmacy segment is the second leading shareholder of the global Parkinson’s disease therapeutics market. However, the segment is likely to lose its market share by the end of 2025. Intestinal infusion drugs and subcutaneously administered drugs, and certain patented drugs, to an extent, have contributed to the key market share of the hospital pharmacy segment in 2016. The online pharmacy segment is poised to grow at as significant CAGR of more than 12% during the forecast period.

Huge incremental opportunity in Europe

In terms of value, Europe dominated the global Parkinson’s disease therapeutics market in 2016. The region is estimated to gain market share by the end of 2025. The dominance of Europe can be primarily attributed to the high prevalence of Parkinson’s disease in the region, availability of and high adoption of levodopa combination drugs, and high clinical R&D budget to address the unmet needs in Parkinson’s disease. According to the European Parkinson’s Disease Association, around 1.2 million people in European Union are affected with Parkinson’s disease. In Germany, around 260,000 people; in Italy, 150,000 people; and in the U.K., around 120,000 people are affected by the disease. The highest incidence rate of Parkinson’s disease is observed in France with around 36-49 cases per 100,000 people.

The Parkinson’s disease therapeutics market in Europe is estimated to grow at the highest CAGR of more than 11% during the forecast period. North America is the second leading market for Parkinson’s disease therapeutics. Rapid growth in the aging population of the U.S., rise in awareness regarding Parkinson’s disease, and new product approvals and launches in the region have contributed to the dominant share of the region. Moreover, high clinical R&D budget by the governments, private players, and non-profit organizations are estimated to fuel the expansion of the Parkinson’s disease therapeutics market in North America during the forecast period. The Parkinson’s disease therapeutics market in Asia Pacific is poised to grow at a moderate rate during the forecast period.

Key trend of new product development and launch in the international market is observed among leading players

The report also provides profiles of the leading players operating in the global Parkinson’s disease therapeutics market.  AbbVie Inc., Novartis AG, F. Hoffmann-La Roche AG, Teva Pharmaceutical Industries Ltd., and UCB Inc. are some of the prominent players in the market having proprietary products and technologies. Most of them are focused on new product development, approvals, and commercialization of novel drugs to gain the first-mover’s advantage and address the unmet needs in the Parkinson’s disease therapeutics market. For instance, In January 2015, AbbVie’s flagship product, DUOPA (Combination Drug of carbidopa and levodopa), received the approval of the United States FDA for the treatment of advanced Parkinson’s disease.

Duopa is administered through a unique technology directly into the intestine of the patient through the stoma. It is the first and only kind of product administered through intestinal infusion. In 2016, the ACADIA Pharmaceuticals Inc. launched its antipsychotic drug, Nuplazid, in the U.S. Nuplazid is the first and only drug approved by the United States FDA for the management of hallucination and delusion associated with Parkinson’s disease. Other prominent players operating in the global Parkinson’s disease therapeutics market include STADA Arzneimittel AG, GlaxoSmithKline plc, Valeant Pharmaceuticals International, Inc., Merck & Co., Inc., and Impax Laboratories Inc.

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Bacterial Conjunctivitis Drugs Market Size Study by Product, Indication and Current Analysis with Forecast to 2024

The bacterial conjunctivitis drug market in U.S. is extremely fragmented in nature as various players are operating in the market. According to a report by Transparency Market Research, the players in the market is expecting a fierce rise in competition due to entrance of new players. New players are facing entry barrier because of capital but the capabilities of good research and development facilities are encouraging them to invest in the market. Big pharmaceutical firms and small biotech research organizations are taking part in strategic alliances such as mergers and acquisitions. Players are shifting their focus on developing medicines that are herbal as the consumers are adopting herbal treatment regime over pharmacological medicines.

The leading players operating in the bacterial conjunctivitis market in U.S are Santen Pharmaceutical Co. Ltd., Valeant Pharmaceuticals Int. Inc., Perrigo Com. Plc., Pfizer Inc., Merk & Co. Inc., Novartis AG, Actavis Plc., Bayer AG, Hoffmann-La Roche Ltd., and Akorn Inc.

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According to a report by Transparency Market Research, the U.S bacterial conjuctvitis drugs market is anticipated to attain a valuation of US$ 439.8 mn by the end of forecast period 2024.

The U.S bacterial conjunctivitis drug class is led by topical fluoroquinolones segment however, the demand for this segment is likely to reduce drastically in the coming years owing to patent expiration of the best drugs of this class. The drugs include Zymaxid, Vigamox, and Moxeza. This segment is expected to fall down to US$ 286.4 mn by the end of 2024 due to obtrusion of genetic variation of these drugs.

Shift to Herbal Treatment from Pharmaceutical Medication will Boost the Market

The bacterial conjunctivitis drug market in U.S is shifting to herbal treatment from pharmaceutical medicines. This shift in adoption is majorly due to rise in awareness among consumers. This shift is encouraging manufacturers to develop herbal products for bacterial conjunctivitis treatment to earn profit. The market can witness high profit income due to shift of preference. This infection susceptibility spreads among all age groups from infants to elderly leading to rise in demand for the market. This will likely boost the market in the coming years. Rise in awareness among people about the disease and its treatment is also boosting the market. Several states are actively promoting treatment of the disease. Easy availability of the treatment is boosting the market. Rise in disposable income in the U.S is also fueling the market. These factors are likely to bring positive growth in the U.S market for bacterial conjunctivitis.

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Scarcity of Novel Compounds for Clinical Examination is Likely to Hamper Market Growth

The U.S bacterial conjunctivitis market is expected to face certain restrains in the market that might hamper its growth in the coming years. The market is expecting to face a patent cliff in the coming years. The availability of certain cost effective generic medicines is likely to hamper the market growth extensively. The scarcity of novel compounds available for preclinical and clinical examination is affecting the growth of market. Dearth of investigations regarding approval of drugs and bacterial conjunctivitis in the pipeline is affecting the market for bacterial conjunctivitis in U.S.

The rise in drug expiry is leading to doctors prescribing variety of generic medicines that are affordable thus, hampering the market growth. Optometrists and ophthalmologists are mainly prescribing antibiotics as ointments and eye drops which is affecting the market growth. Rise in awareness has also made patients aware that the bacterial conjunctivitis is generally acute and cures on its own in few years. These factors are likely to hamper the growth and make it sluggish in the coming years.

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Particle Therapy Market –

https://www.globenewswire.com/news-release/2019/02/15/1726173/0/en/Particle-Therapy-Market-to-hit-US-727-0-million-by-2026-TMR.html

Controlled Substance Market –

https://www.biospace.com/article/controlled-substance-market-pain-management-increases-scope-of-opioid-treatment-for-advanced-cancer-patients/

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Tattoo Removal Devices Market Analysis, Key Growth Drivers, Challenges, Leading Key Players Review, Demand and Upcoming Trend by Forecast to 2022

The global tattoo removal devices market exhibits a highly cutthroat competition mainly due to the presence of innumerable players, observes Transparency Market Research based on a newly published report. The fragmented nature of this market’s vendor landscape depicts most players integrating their products with advanced technologies. With an increasing demand for high-quality tattoo removal devices occurring in almost every region, most companies are gradually adopting product differentiation and expansion of product portfolios. These are two main strategies implemented by most companies for achieving extensive growth.

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Developing products that deliver functional transformation and commercial excellence also is a key strategy implemented by many players working in the global tattoo removal devices market to stay ahead in the competition. Lutronic Corporation, Cynosure, Inc., Syneron Medical Ltd., Alma Lasers, Ltd., Lumenis Ltd., EL.En. S.p.A., Lynton Lasers Ltd., Solta Medical Inc., Sciton, Inc., Fotona d.d., and Cutera Inc., are key companies operating in the global tattoo removal devices market. A spike in the number of players entering the tattoo removal devices market, is certainly expected to increase the competitive intensity during the upcoming years. Many companies are focusing on launching devices that can remove tattoo pigments for a broad range of skin types in fewer number of treatment sessions, thus causing less post-treatment complications and risks.

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According to experts from Transparency Market Research, the global tattoo removal devices testing market had gained revenue worth US$219.1 mn in 2016, which is further expected to grow up to US$321.9 mn by the end of 2022. This growth is projected to occur at an impressive CAGR of 6.7% during the forecast period from 2017 to 2022.

Increasing Demand for Safe Tattoo Removal Boosts Growth in Market

A rapidly rising demand for safe treatment devices and non-invasive techniques for the removal of tattoos among different demographic groups is a key factor driving the global tattoo removal devices market. A need for effective tattoo removal without harming the surrounding skin is a key factor stoking the demand for tattoo removal devices, consequently kindling the market to progress steadily.

Patients nowadays want to feel minimum discomfort while undergoing through a tattoo removal process. This also is a key factor driving growth in the global tattoo removal market. Currently, many tattoo removal technologies help in removal of tattoos made in various popular as well as less known ink colors. In this way, faster treatment and lesser number of sessions is a target of most people who opt for the removal processes. These too are crucial factors driving growth in the global tattoo removal devices market. In emerging economies, tattoo removal processes are less costly as compared to those available in developed economies.

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High Costs of Removal Processes Brings in Less Customers

However, steep costs required to set up systems for tattoo removal might make potential customers have second thoughts, consequently hampering the global tattoo removal devices market. High installation and maintenance expenses could discouraging individuals having less disposable incomes to set up tattoo removal systems is also a prime hindering factor. Moreover, lack of necessary removal equipment in several regions too is posing as an obstacle to the market in terms geographic hindrances. Nevertheless, rising awareness about the availability of tattoo removal devices is reducing the effects of restraints affecting the global tattoo removal devices market.

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Digital Therapeutics Devices Market –

https://www.globenewswire.com/news-release/2019/02/08/1714022/0/en/Digital-Therapeutics-Devices-Market-to-touch-a-revenue-valuation-of-US-2-08-billion-by-2025-TMR.html

Companion Animal Diagnostics Market –

https://www.biospace.com/article/companion-animal-diagnostics-market-in-house-disease-testing-of-pets-to-gain-popularity/

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Scar Treatment Market is Projected to Expand at a CAGR of 8.3% from 2019 to 2027

According to a new market report published by Transparency Market Research “Scar Treatment Market (By Scar Type: Atrophic & Acne Scars, Hypertrophic Scars and Keloids, Contracture Scars, Others (Stretch Marks), By treatment type (Topical Products (Creams, Gels, Silicone Sheets, Others (Sprays, Oils, etc.)), Laser Treatment (CO2 Lasers, Pulsed Dye Laser, Excimer Laser), Injectables, Others, By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) – Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2019 – 2027”. According to the report, the global scar treatment market was valued at US$ 15,805.4 Mn in 2019 and is projected to reach US$ 32,141.8 Mn by 2027, expanding at a high CAGR of 8.3% from 2019 to 2027. Increase in number of people suffering from skin problems across the world is anticipated to fuel the global scar treatment market during the forecast period.

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Overview

  • Scars are likely to have major consequences on an individual’s life with respect to appearance, over all well-being, and satisfaction with surgical procedures, especially when scars appear on sensitive parts or places of the body and cannot be covered by clothes.
  • The scar treatment and cosmetic intervention industries are fragmented across the world. Development has been taking place in pockets where there is ample affordability.

Increase in Incidence of Atrophic & Acne Scars and Hypertrophic Scars and Keloids to Boost Market

  • In terms of scar type, the atrophic & acne scars segment is projected to account for a dominant share of the global scar treatment market during the forecast period. Dominance of the segment is attributed to the rising incidence of skin disorders such as acne at early ages, changing food habits, increasing levels of pollution, and a general decrease in safety levels leading to large number of trauma incidences in countries across the globe.
  • In addition, increasing incidence of acne vulgaris and hospitalization cases due to trauma incidents are key factors that are expected to fuel the demand for treatment of atrophic scars. The hypertrophic scars and keloids segment is a major contributor, following the atrophic & acne scars segment, due to high patient base. For instance, according to the American Osteopathic College of Dermatology, an estimated 10% of people experience keloid scarring in the U.S.

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Topical Products Segment Dominates the Market

  • The report offers detailed segmentation of the global scar treatment market based on treatment type, scar type, and distribution channel. In terms of treatment type, the market has been classified into topical products [creams, gels, silicone sheets, and others (sprays, oils, etc.)], laser treatment (CO2 lasers, pulsed dye laser, and excimer laser), injectables, and others.
  • The topical products segment is estimated to hold a leading share of the global market during the forecast period. Higher share of the segment is attributed to the increasing incidences of acne, primarily ice pick scars and rolling acne, which is estimated to boost the demand for topical OTC medications as well as prescription antibiotics (clindamycin, tetracycline) that are generally utilized as a first-line infection control measure.

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Hospital Pharmacies Segment to Expand at Fastest CAGR

  • Based on distribution channel, the hospital pharmacies segment accounted for a leading share of the global scar treatment market in 2018. It is projected to gain market share by the end of 2027. Some of the factors behind growth of the segment are rise in occurrence of skin problems, especially among elderly individuals.
  • Additionally, advanced technologies offered by hospitals for scar treatment and reimbursement policies for various treatments and procedures drives the hospitals segment. Retail pharmacies was a prominent segment, following the hospital pharmacies segment, of the market in 2018. This is due to the rise in number of retail pharmacies and increase in medical awareness and rapid urbanization, as retail pharmacies can provide medication on customer demand. This, in turn, is likely to drive the retail pharmacies segment during the forecast period.

North America to be Highly Lucrative Market for Scar Treatment

  • The scar treatment market in North America is driven by government initiatives and a highly structured health care industry. The U.S. held a major share of the market in the region, owing to the rise in geriatric population and high awareness among the people about scar treatment. Moreover, a large number of players in the U.S. are focusing on R&D in order to introduce new products. The U.S. is an early adopter of innovative products, as most pharmaceutical products are first launched in the country. This is likely to boost the market in the country in the near future. Therefore, established rules and regulations and major innovations in product development are expected to propel the scar treatment market in North America in the near future.
  • The market in Asia Pacific is expected to expand at a rapid pace during the forecast period. The scar treatment market in Latin America is likely to expand at a moderate growth rate during the forecast period.

Trend of Strategic Alliance with Local Companies to Strengthen Distribution Network and Expand Geographic Presence

  • The global scar treatment market is fragmented, owing to the presence of several small- and large scale companies. However, the market is dominated by a few major players with strong global presence. The report provides profiles of leading players operating in the global scar treatment market.
  • Key players in the market include Valeant Pharmaceuticals International, Inc., Sonoma Pharmaceuticals, Pacific World Corporation, Merz Pharma, Sientra, Inc., Velius, LLC, CCA Industries, Inc., Mölnlycke Health Care AB (Investor AB), Fosun Pharmaceutical Co., Ltd. (Alma Lasers), Cutera, Inc., XIO Group (Lumenis), Smith & Nephew plc, and Alliance Pharma. 

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Oligonucleotide Synthesis Market –

https://www.globenewswire.com/news-release/2019/02/08/1714081/0/en/Oligonucleotide-Synthesis-Market-to-Reach-Worth-of-US-4-189-Bn-by-2025-owing-to-Rapidly-Growing-Biotechnology-Sectors-TMR.html

Biological Imaging Reagents Market –

https://www.biospace.com/article/biological-imaging-reagents-market-incorporating-technology-in-molecular-imaging-to-positively-impact-market/

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Enterprise Search Market To Develop Rapidly By 2028

Enterprise Search Companies in Asia Pacific
Global Enterprise Search Market: Snapshot
Enterprise search is about making contents from various sources of information resting on range of databases searchable to people within the company or stakeholders outside the company. In an ever-changing business landscape, there is a need for accessing structured and unstructured data files from multiple databases, particularly from companies’ emails and intranets.
Notable databases used are numerous content management systems, application database, company’s website, and email servers. One of the key functions of using enterprise search solutions is for integrating structured content with unstructured data so that interested end users can search them easily. One of the key business propositions driving adoption of products in the enterprise search market is making proprietary knowledge and data easily accessible. The framework is aimed at breaking organizational silos and makes unification of information possible for enterprises and other entities across the value chain
The proliferation of sources of data and documents in organizations across the globe is a key catalyst to the growing demand in the enterprise search market. The banking, financial services and insurance (BFSI) industry has been a prominent end user in the enterprise search market. Other broad application areas are government, commercial, and healthcare sectors. Enterprise search solutions are available on cloud, on premise, or on a hybrid infrastructure.
Global Enterprise Search Market: Growth Dynamics
Need for locating specific information quickly and reliably from a wide array of enterprise data parked in several platforms is a key factor propelling the need for enterprise search functionality. Incorporation of machine learning algorithms makes enterprise search generate the most relevant information and with less time.
Over the years, enterprise search has occupied a central role in employee collaboration and engagement as it helps end users leverage the benefits of digitalization of data. The use of text analytics techniques and assortment of artificial intelligence technologies has catalyzed promising opportunities for players in the enterprise search market. Companies are harnessing the capabilities of enterprise search by making the search more personalized to users.
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Global Enterprise Search Market: Notable Developments
Businesses across the world are adopting enterprise search tools as one of the key enablers of understanding users’ experience and driving steady business results. They are putting bets on personalized experiences generated by enterprise search to hook users. End-use industries in the enterprise search market are attracted to the proposition of the potential of enterprise search for supporting key aspects of the customer journey. A case in point is the use of enterprise search solutions to reveal select business data to external customers. For instance, enterprise search enables them to retrieve select business data from external website or mobile site.
One of the new entrants which intend to help business by offering enterprise search solution is a U.S.-based startup Algolia. It recently bagged category Leader ranking in two G2 Grid Reports for Enterprise Search, which has geared its efforts to strengthen its position. Of note, rankings on G2 reports are highly valued.
Some of the well-entrenched players looking for sizable stakes in the global enterprise are
  • Microsoft Corporations
  • IBM
  • Oracle
  • Coveo Solutions
  • SAP
  • EMC Corporation

Pulmonary Arterial Hypertension (PAH) Market Outlook, Opportunities, Key Players, Growth, Competitive Landscape, Trends and Forecast by 2020

In a recent report by Transparency Market Research (TMR), the vendor landscape for global pulmonary arterial hypertension (PAH) market is highly opportunistic. Since PAH has no permanent cure, the market is gaining popularity. A key factor to boost the growth of the PAH market is the availability of several treatment options for slowing down the spreading of the diseases, control symptoms, and enhancing the quality of life of patients.

Some of the leading players of the global market for PAH are United Therapeutics Corp., Novartis International AG, Pfizer Inc., Gilead Sciences Inc., and GlaxoSmithKline Plc. The key drugs available in the global market are PDE-5 inhibitors, ERAs, prostacyclin analogs, sGC stimulators, and Prostacyclin with ERAs contributing larger shares for revenue.

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As per the TMR report, the global pulmonary arterial hypertension market is estimated to exhibit an impressive CAGR of 17.90% within the forecast period of 2014 to 2020. The value is presumed to be at US$5.19 bn by the end of the forecast period. North America is anticipated to account for a king’s share during the forecast period followed by Europe. This is due to the high awareness about PAH treatments available that drives the growth of the market in both the regions.

Asia Pacific to Witness Stable Growth with Increase in Preference for Generic Drugs  

The market is receiving a significant boost with the existence of promising pipelines and effective drugs approvals in present times. This is also acting as a primary factor in the growth and development of the pulmonary arterial hypertension market. The government is also taking active initiatives that are acting in favor of the PAH market growth.

According to a TMR, the license expiry of some blockbuster drugs are making way for generic drugs penetration. The increased sales of generic drugs adversely affect the overall revenue generation of the market since it is 70 to 80 per cent cheaper as compared to branded drugs. Cutting-edge therapies are developed for treating PAH. Therefore the future of pulmonary arterial hypertension market is presumed to be brighter in the years to come.

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The market in Asia Pacific region is also presumed to be highly opportunistic in nature because of countries like China, Australia, Japan, New Zealand, and India, that has high growth rates. These emerging nations are estimated to be major global players in the future years.

Patent Expiry of PAH Drug Remedies Affecting Market Growth in Negative Light

Pulmonary arterial hypertension does not have a permanent cure. Medications may only help to decrease the speed by which the disease spreads into the body. In most developing countries, people are unaware of the treatment. This acts as a hindrance in the growth of the PAH market. Apart from that, high cost of such remedies and license expiry may also add as barrier in the growth and development of PAH in the market.

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However, the global PAH market is anticipated to see growth in the coming years due to a number of factors like increase in the number of obese population, rise in the healthcare expenses, and ageing population. Growing population of women and their rising health complexities also gives way to PAH market for growth since PAH mostly result from high blood pressure in the lungs. This may further lead to other diseases like obstructive sleep apnea (OSA), and diastolic heart failure, hence creating vast opportunities for PAH market to grow. The key trends in this market are consumption of junk food items, continuous support provided by the government and increase in the number of cardiovascular diseases.

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Clinical Laboratory Services Market –

https://www.globenewswire.com/news-release/2019/02/05/1710743/0/en/Clinical-Laboratory-Services-Market-to-Peg-a-Value-of-US-361-3-billion-by-2025-owing-to-Growing-Demand-for-Advanced-Healthcare-TMR.html

Amniotic Membrane Market –

https://www.biospace.com/article/amniotic-membrane-market-locally-available-amniotic-allografts-increasingly-meeting-needs-of-patients-with-joint-pain/

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Droppers Market Size, Share, Growth, Trends, and Forecast, 2019 – 2027

Transparency Market Research delivers key insights on the droppers market, in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for the period of 2019–2027. In terms of revenue, the global droppers market is projected to expand at a CAGR of ~ 4% during the forecast period, owing to numerous factors, about which, TMR offers thorough insights and forecast in this report.

Droppers Market – An Overview

Droppers are used for accurately dispensing drops from bottles. In the scope of research, only those droppers are considered that are available with bottles, and we have excluded those droppers that are made from plastic and are attached to bottles. Glass and plastic pipettes are also excluded from the market scope. Shift in the demand for composite materials is expected to benefit the growth of the global droppers market. Among the end uses, the pharmaceuticals segment is anticipated to remain prominent in the global droppers market.

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Asia Pacific to Witness Lucrative Opportunities for Manufacturers of Droppers

Asia Pacific, in terms of pharmaceutical packaging, holds ~30% of the global market share, and is estimated to maintain its dominance over the forecast period. India & China are the most attractive markets for extensive growth of the droppers market. Markets in China and India collectively accounted for ~ 50% of the Asia Pacific droppers market in 2018. Low dispersion of healthcare amenities and poor infrastructure in these economies have attracted investments aimed at improving the infrastructure. Owing to such types of opportunities, the Chinese government comprehensively invested in the construction of hospitals, medical facilities, etc. Likewise, India has made some developments by upgrading its existing hospitals and building of new ones, with advanced medical facilities. All these factors are expected to boost the growth of the droppers market in Asia Pacific. Dropper manufacturers are looking for extensive opportunities from emerging economies in the Asia Pacific region.

Europe still dominates the global droppers market, while North America is expected to have a decent share of ~20% by the end of the forecast period. The U.S. represents ~90% of the droppers market in North America, while Canada is estimated to expand at an impressive CAGR of ~5.0% during the forecast period.

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In spite of being a matured market, Europe still represents an incremental opportunity of ~US$ 18 Mn between the years 2019-2027. Europe holds ~one-third share of the global droppers market. However, it is expected to lose some market share to Asia Pacific over the forecast period.

Global Droppers Market: Competition Landscape

In the global market report on droppers, a detailed competition landscape is discussed. Some of the key players in the global droppers market that are Adelphi Healthcare Packaging, Virospack SL, Remy & Geiser GmbH, Stölzle-Oberglas Gmbh, APG Pharma Packaging, Bormioli Pharma S.p.a., DWK Life Sciences GmbH, Jaytec Glass Limited, Carow Packaging, Inc., Pacific Vial Manufacturing Inc., Comar LLC, The Plasticoid Company, UD Pharma Rubber Products, Paramark Corporation, Williamson Manufacturing Pty. Ltd., Vapor Packaging LLC, RTN Applicator Company LLC, and Rapid Labs.

Global Droppers Market: Classification

Global Droppers Market by Material

  • Plastic
  • Glass

Global Droppers Market by Capacity

  • Up to 2 ml
  • 2 ml – 6 ml
  • 6 ml – 10 ml
  • Above 10 ml

Global Droppers Market by Product

  • Child Resistant Closure (CRC) Droppers
  • Non CRC Droppers

Global Droppers Market by End Use

  • Pharmaceuticals
    • Ethical
    • Over-the-counter (OTC)
  • Cosmetics & Personal Care
  • Essential Oils
  • Homeopathic

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Global Droppers Market by Region

  • North America
    • U.S.
    • Canada
  • Latin Americaet
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America

Virtual Cards Market To be at Forefront By 2030

Global Virtual Cards Market: Introduction

A virtual card is a digital payment system that functions as a token, and is used for electronic payments and mobile orders. Credentials are created automatically by a method called tokenization, and the cards come with built-in financial controls to finance the card for either single-use or multi-purpose transactions.
The lock-down issued by governments of various countries due to the Coronavirus has a detrimental effect on the financial sector. The number of electronic payment transactions or digital payment transfers has decreased from both enterprises and customers as a consequence of the lockdown, which directly impacts the virtual card industry at a global scale.

Global Virtual Cards Market: Dynamics

Switching to virtual cards makes online shopping secure and easy, and reduces the possibility of crime. While purchasing online, workers essentially locate the object they would like to purchase and send a request to their manager for approval. The manager then produces a virtual certificate for the amount ordered and gives it to the employee who puts the information on the billing screen at checkout. In such a situation, the organization retains complete access and power over the sales method, whilst the employee has the right and autonomy to perform the transaction as normal.

North America Led the Global Market in 2019

  • Based on region, the global virtual cards market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • North America held a dominant share of the global virtual cards market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in this region. The significant presence of market leaders and trend of early adoption of technology are some of the key factors for the growth of the market.
  • The virtual cards market in Asia Pacific is expected to expand at the highest CAGR during the forecast period. China, India, and Japan are some of the major countries which drive the market in this region. Rising government initatives to encourage digital payments and extensive usage of smartphones are some of the key factors which accelerate the market in  this region.
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Key Players Operating in the Global Market

Key players operating in the global virtual cards market are listed below:
  • Abine, Inc.
  • American Express Company
  • Billtrust, Inc.
  • Cryptopay
  • CSI (Corporate Spending Innovations)
  • Divipay PTY Ltd.
  • Emburse, LLC
  • Fraedom Holdings Limited
  • JP Morgan Chase
  • Marqeta Inc
  • Mastercard Incorporated
  • MineralTree, Inc.

DNA Test Kits Market Industry Updates, Major Key Players, Size, Demand, Growth and Future Prospects To 2027

Transparency Market Research (TMR) has published a new report titled, “DNA Test Kits Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027”. According to the report, the global DNA test kits market was valued at US$ 747.0 Mn in 2018 and is projected expand at a CAGR of 23.4% from 2019 to 2027. Increase in demand for DNA kits for ancestry testing, Increasing awareness among people regarding use of DNA test kits for disease risk assessment and rise in popularity of direct-to-consumer testing are anticipated to drive the global DNA test kits market.

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Increase in Demand for Ancestry Testing to Drive Market

  • Demand for ancestry testing using saliva-based or cheek swab DNA test kits is rising in the developed countries in North America and Europe. There is rapid increase in the number of users of DNA test kits for ancestry and health & fitness. The number of people interested in knowing about their ancestors and family tree has increased is also anticipated to increase the demand for DNA test kits, especially in developed countries across the globe
  • Moreover, increase in number of applications of direct-to-consumer genetic testing and rise in demand for DNA testing for health & fitness are the other factors anticipated to drive the DNA test kits market
  • During Christmas and Black Friday, companies offer high discounts and offers on DNA testing services and people gift DNA test kits to their relatives. Furthermore, companies offer diet, health & fitness for free or as a part of subscription leading to increase in number of customers using DNA test kits. Therefore, boom in ancestry testing in North America is likely to boost the growth of the DNA test kits market.
  • Key players in the global DNA test kits market such as DNAFit and My Inner Go offer a number of DNA testing services to meet the demand for DNA test kits for fitness. These provide tailored fitness and weight management advice to the customers.
  • Additionally, strategic approaches such as product launch, marketing efforts, distribution agreements and others are anticipated to propel the global DNA test kits market

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Asia Pacific Offers Significant Opportunities

  • Along with the U.S., the DNA test kits market is booming in countries such as China and Japan. These genetic tests have become popular through social media and other online platforms. This is anticipated to boost the growth of the DNA test kits market.
  • Recent acquisitions by companies in China have supported the growth of DNA test kits market in the region. For instance, Prenetics acquired DNAFit in April 2018.
  • Moreover, people are concerned about increase in lifestyle diseases such as obesity and diabetes. Rise in awareness about preventive care measures to tackle the burden of diseases has led to an increase in the number of people interested in DNA test kits for diet & nutrition and health & fitness.
  • Other factor driving the DNA test kits market in the region is increase in knowledge about processing and analysis of DNA sample by the companies
  • Furthermore, a number of startups in China and Japan have launched new products for fitness testing considering an increase in genetic testing for diet and fitness

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New Product Launch and Strengthening Distribution Channels: Key Strategies Adopted by Key Players in DNA Test Kits Market

  • The report also provides profiles of leading players operating in the global DNA test kits market. These include Ancestry, 23andMe, Inc., MyHeritage Ltd., Gene by Gene, Ltd., Living DNA Ltd., National Geographic Partners, LLC, Helix OpCo, LLC, Veritas, FitnessGenes, and EasyDNA.
  • The leading companies in the global DNA test kits market are focused on strengthening distribution channel and product portfolio expansion to gain market share. In November 2018, Helix OpCo, LLC launched a new DNA test kits for ancestry and wellness DNA testing with customer access to two embedded apps, Ancestry Basics and Wellness Basic.
  • In August 2016, Ancestry entered into a collaboration with Quest Diagnostics to expand consumer DNA test kits portfolio and expand its presence in DNA test kits market

More Trending Reports by Transparency Market Research –  

Hepatitis Therapeutics Market –

https://www.globenewswire.com/news-release/2019/02/04/1709736/0/en/Hepatitis-Therapeutics-Market-to-touch-US-25-197-2-million-by-2026-TMR.html

Electrophysiology Devices Market –

https://www.biospace.com/article/electrophysiology-devices-market-rising-incidences-of-cardiac-arrhythmias-expected-to-propel-the-market/

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Joint Replacement Device Market is Anticipated Expand at a CAGR of 4.4% from 2018 to 2026

Transparency Market Research (TMR) has published a new report titled, “Joint Replacement Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global joint replacement devices market was valued at US$ 18,518.2 Mn in 2017 and is anticipated expand at a CAGR of 4.4% from 2018 to 2026. High prevalence of osteoarthritis, growth in the medical devices industry in emerging economies in regions such as Asia Pacific, and launch of technological advanced products such as customized knee implants are projected to augment the global market between 2018 and 2026.

High Prevalence of Osteoarthritis to Propel Market

Osteoarthritis is a common disorder that affects the adult and geriatric population across the globe. This condition can be treated through joint replacement surgeries using orthopedic knee and hip implants. According to the Arthritis Foundation, 14 million individuals in the U.S. had symptomatic knee osteoarthritis in 2016. According to the World Health Organization (WHO), 130 million people are likely to suffer from osteoarthritis worldwide, out of which 40 million people are projected to be severely disabled by the disease by 2050.

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Rapidly Growth in Medical Devices Industry to Create Opportunities in Market

Demand for medical devices used for surgical procedures and diagnosis of diseases is high. Increase in the number of market players launching new products for orthopedic surgeries, surge in hip and knee replacement procedures, and rise in emphasis on cost-effective health care boost the demand of orthopedic implants. Use of robotics and artificial intelligence in the health care setting has improved health care delivery and increased the demand for medical devices. Key players operating in the orthopedic industry are extensively engaged in research & development activities to develop new and upgrade existing devices for better application in joint replacement surgeries. This, in turn, is propelling the joint replacement devices market.

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Products Recalls by Regulatory Authorities to Restrain Market

Regulatory authorities such as the Food and Drug Administration (FDA) have recalled a number of hip and knee implants in the last few years. Defective products pose a threat to the patients and thus, render the surgery to be unsuccessful. Hence, product recalls are expected to restrain the market during the forecast period.

Market in Asia Pacific to Expand Considerably

In terms of revenue, the joint replacement devices market in Asia Pacific is projected to expand at a CAGR of 4.4% during the forecast period. Increase in awareness about the availability of orthopedic implants and rise in patient population in the region are expected to boost the demand for joint replacement devices. Furthermore, initiatives by governments to control the prices of joint replacement implants in the region is anticipated to create lucrative opportunities in the market in the next few years.

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Collaborative Efforts by Key Players to Boost Market

The report also provides profiles of leading players operating in the global joint replacement devices market. These include Aesculap Implant Systems, Arthrex, Inc., ConforMIS, DePuy Synthes (a Johnson & Johnson Company), DJO Global, Exactech, Inc., Medtronic, Smith & Nephew, Stryker, and Zimmer Biomet. New product launches, focus on developing technologically advanced products, and increase in mergers & acquisitions and strategic collaborations with companies and government organizations are expected to drive the global market during the forecast period. In July 2016, Zimmer Biomet entered into a collaborative agreement with Indo UK Institutes of Health (IUIH) to improve the health care infrastructure in India by establishing Zimmer Biomet Institute of India.

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Digital Pathology Market –

https://www.globenewswire.com/news-release/2019/02/01/1709009/0/en/Digital-Pathology-Market-to-reach-more-than-US-900-Million-by-2026-TMR.html

Vein Finders Market –

https://www.biospace.com/article/vein-finders-market-cosmetic-procedures-to-promise-new-avenues-of-growth/

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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Potentiometric Titrator Market To RegIster Substantial Expansion By 2027

Potentiometric Titrator Global Market Growth

Potentiometric Titrators: Introduction

  • Potentiometric titration is a volumetric technique, wherein the potential between the indicator electrode and the reference electrode is calculated as a function of titrant volume
  • The process involves measuring and recording the cell potential (in units of millivolts or pH) after each addition of the titrant
  • Potentiometric titrators are designed to offer easier, more reliable, and more productive titrations than the conventional titrations
  • Potentiometric titrators are used for various titrations such as neutralization, complex formation, precipitation, and oxidation/reduction titrations
  • A potentiometric titrator includes a reference electrode, indicator electrode, salt bridge, and other components
  • These titrators are applicable in various end-use sectors such as industrial, healthcare, oil & gas, food & beverages, and petroleum

Key Drivers of Global Potentiometric Titrator Market

  • The global potentiometric titrator market is expected to expand during the forecast period, owing to increasing demand for these titrators for several applications in the food & beverages industry
  • Potentiometric titrators are useful to regulate the texture, appearance, nutrition, taste, and stability of food and beverages. This factor is expected to fuel the global potentiometric titrator market during the forecast period.
  • Companies operating in the global potentiometric titrator market are investing to expand their product portfolios and improve their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to cater to the increasing demand for potentiometric titrators in different regions.

Pharmaceutical Segment to Witness Attractive Opportunities

  • A potentiometric titrator is crucial for analysis of various raw materials used in the pharmaceutical industry
  • Manufacturers are offering automatic potentiometric titrators with various features such as automatic calculation and graphing, dispensing of the titrant, and end-point detection. This is expected to increase usage of automatic potentiometric titrators in various quality control applications in the next few years.
  • Moreover, leading manufacturers of potentiometric titrators are planning to increase investments in the research and development of advanced potentiometric titrators. These factors are expected to drive the demand for potentiometric titrators during the forecast period.

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Europe to Hold a Major Share of Global Potentiometric Titrator Market

  • Europe is a leading region of the global potentiometric titrator market, followed by North America and Asia. The U.K., Germany, and France are key markets for potentiometric titrators in the region. In terms of demand, these countries account for a major share of the market in the region. Increase in the demand for potentiometric titrators in Europe can be attributed to growing industrialization in the region.
  • In addition to this, the demand for potentiometric titrators in the pharmaceutical industry in Europe is expected to increase in the next few years. This is expected to augment the demand for potentiometric titrators during the forecast period.

Key Players Operating in Global Market

The global potentiometric titrator market is highly concentrated, with the top manufacturers accounting for approximately 25%–35% of the market share. A few of the key players operating in the global potentiometric titrator market are:

  • Thermo Fisher Scientific Inc.
  • Koehler Instrument Company, Inc.
  • Mettler Toledo
  • Metrohm India Limited
  • Veego Instruments Corporation
  • GPS, Ltd
  • Hanna Instruments
  • KYOTO ELECTRONICS MANUFACTURING CO., LTD.

Audiobooks Market Is Foreseen To Grow Exponentially By 2030

Audiobooks Industry Insight

Global Audiobooks Market: Introduction

An audiobook is a transcription of a book or other work being read aloud. Technological advances in production have led to digital recording, e-mail delivery of documents, and usage of tablets instead of hard copy texts. The expansion of home studios for narrators have also shortened the time taken to manufacture audiobooks and reduced manufacturing costs. However, the effect of coronavirus has directly hindered the growth of the audiobooks market. As a consequence of the coronavirus lockdown, majority of classrooms, universities, academic institutions, and commercial entities have closed down, which significantly hampers the market for audiobooks.

Global Audiobooks Market: Dynamics

Currently, the trend is toward a younger and increasing user base for audiobooks. This is an important optimistic development for the sustainable growth of the industry. The younger consumer is expected to influence their growing families, probably transforming a non-listener into a listener. Younger participants can also have an influence on their peers, contributing to a broader group of peers and a greater emphasis on peer opinions by young people. Younger customers may have different listening requirements as well. In the early stages of their careers and their lives, people are more likely to listen to titles that guide them or provide an entry point, while a more skilled person may try pure humor or realistic advice rather than self-improvement. Thus, listening and buying can differ by age demographic, expanding the variety of audio items on sale.

North America Led the Global Market in 2019

  • Based on region, the global audiobooks market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • North America held a dominant share of the global audiobooks market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are major countries that drive the market in this region. The dominance of digital sales is a major factor in the region. Audiobooks are easy to buy and store. Portability, the ability to multi-task, and the ability to listen anywhere the user wishes, are the main drivers that impact the market for audio books. In fact, digital devices such as smartphones are now commonplace, so audiobook exposure is easy and convenient.
  • The audiobooks market in Asia Pacific is expected to expand at the highest CAGR during the forecast period. China, India, and Japan are some of the major countries which drive the market in this region.

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Key Players Operating in the Global Market

Key players operating in the global audiobooks market are listed below:

  • Amazon
  • Google
  • Kobo
  • LibriVox
  • Downpour
  •  Scribd
  •  OverDrive
  •  BarnesNoble BooksellersInc

2D Laser Cutting Machine Market Is Estimated To FlourIsh By 2030

2D Laser Cutting Machine Market Applications

Global 2D Laser Cutting Machine Market: Introduction

2D laser cutting machines are used to slice materials using a laser. A laser cutting machine cuts the material by directing the output of high power laser on the material which needs to be cut. These machines have high levels of accuracy compared to other manufacturing methods. The 2D laser cutting machine has the ability to cut a wide range of materials such as plastic, glass, wood, foam, acrylic, and paper-based materials. The 2D laser cutting machine market is segmented in terms of product type, technology, material, and application.

By product type, the market is divided into high power product and low power product.  By technology, the 2D laser cutting machine market is segmented into CO2 and fiber. In terms of material, the market is bifurcated into metal and non-metal and divided further in its subtypes. Based on application type, the market is classified into aerospace, metal fabrication, shipbuilding, automotive, etc. Growing industrial metal fabrication is expected to drive the 2D laser cutting machine market during the forecast years.

Growth of Metal Fabrication Industry to Drive the Global 2D Laser Cutting Machine Market

The metal fabrication process builds machines and structures from raw metals. Metal fabrication processes includes cutting, bending, wielding, machining, forming, and assembling the products. 2D laser cutting machines are majorly used in metal fabrication industry. The growth of this industry is likely to impact the 2D laser cutting machine market. The use of fiber laser cutting technology machines is growing tremendously due to its high flexibility, high speed, and better efficiency. Rising sheet metal fabrication industry is the major factor anticipated to drive the global 2D laser cutting machine market during the forecast period.

Development of 3D Laser Cutting Machines Likely to Hamper Growth of the 2D Laser Cutting Machine Market

3D laser cutting machines can be used for the slicing of two-dimensional as well as three-dimensional products. New innovations in 3D laser cutting machines such as robotic laser cutting machines may hamper the growth of the 2D laser cutting machine market.  Adoption of 3D laser cutting machines is increasing rapidly, as manufacturers are using more advanced machinery for better production quality. Growing inclination toward using 3D laser cutting machines can hamper the growth of the 2D laser cutting machine market across the globe.

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North America to Lead the Global 2D Laser Cutting Machine Market

  • In terms of region, the global 2D laser cutting machine market can be divided into North America, Asia Pacific, South America, Europe, and Middle East & Africa.
  • North America comprises Canada, the U.S., and Rest of North America. The 2D laser cutting machine market in Europe includes Germany, the U.K., France, and Rest of Europe. The 2D laser cutting machine market in Asia Pacific includes India, Japan, China, and Rest of Asia Pacific. The South America 2D laser cutting machine market can be segmented into Brazil and Rest of South America. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa.
  • North America is likely to witness maximum demand for 2D laser cutting machines followed by Asia Pacific and Europe, due to higher usage in metal fabrication industry.

Key Manufacturers Operating in the Global Market

Key manufacturers operating in the global 2D laser cutting machine market are:

  • Wuhan HG Laser Engineering Co., Ltd.
  • Koike Aronson, Inc.
  • Mazak Optonics Corporation
  • GWEIKE Laser
  • BODOR
  • TRUMPF
  • Nissan Tanaka Corporation
  • Shandong Leiming CNC Laser Equipment Co.
  • FOSHAN BEYOND LASER TECHNOLOGY CO.

Litter Vacuum Cleaner Market Growth Prospects, Trends and Forecast Up To 2027

Litter Vacuum Cleaner China Market Size

Litter Vacuum Cleaner: Introduction

  • Litter vacuum cleaners, also known as industrial vacuum cleaners, are machines used for general cleaning in industrial environments. Industrial vacuum cleaners are typically made from steel and other metals having high filtration capacity. Such vacuum cleaners are ideal for extracting fine, dry dust as well as coarse materials such as shavings, scraps, and granules.
  • Apart from industrial cleaning, litter vacuum cleaners are also used for commercial purposes, for example, leaf cleanup, cleaning and maintenance of commercial lots, parks, city streets, and highways.

Key Drivers of the Global Litter Vacuum Cleaner Market

  • An increase in awareness about safety and hygiene at workplaces is fueling the demand for litter (industrial) vacuums worldwide. Various industries have their own set of challenges, especially the fine and dry dust particles that significantly impact an employee’s health. Thus, vacuum cleaners having strong suction capacity are preferred for industrial usage. The Occupational Safety & Health Administration (OSHA) under the United States Department of Labor has clearly underlined the standards required to be maintained for treating combustible dust. Hence, industrial vacuum manufacturers offer their product portfolio keeping in mind the OSHA standards.

High Machinery Cost and Heavy Structure to Hamper the Market

  • High machinery cost associated with the litter vacuum machines is one of the key retraining factors of the litter vacuum cleaner market. Affordability of such machines in various emerging countries is expected to negatively impact the growth of the litter vacuum cleaner market. Additionally, huge size of vacuum cleaners sometimes hinders the growth of the market as such structures often require frequent maintenance. All these factors hamper the growth of the litter vacuum market.

Merger & Acquisitions of Key Global Players to Offer Attractive Opportunities for Growth of the Litter Vacuum Cleaner Market

  • Mergers & acquisitions of key global players in emerging economies are anticipated to offer key business opportunities for the growth of the litter vacuum cleaner market. Merger & acquisition are also likely to help in increasing the geographical presence, thereby resulting in overall growth of the litter vacuum cleaner market.

Asia Pacific Offers Growth Avenues for the Global Litter Vacuum Cleaner Market

  • Geographically, the global litter vacuum cleaner market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa and South America
  • Countries in North America and Europe boast some of the key companies specialized in litter vacuum cleaner machines. This is due to the adherence of strong standards and regulations for health and hygiene at industrial workplace.
  • Countries in Asia Pacific, on the other hand, comprise of some of the emerging economies. Countries such as China, India, and Japan are some of the prominent manufacturers of litter vacuum cleaners in the region.
  • Other regions such as South America and Middle East & Africa have strong potential growth for the litter vacuum cleaner market

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Key Players Operating in the Global Market

The global litter vacuum cleaner market is highly fragmented with presence of several key global players coupled with numerous regional industrial vacuum cleaner manufacturers. A few of the key players operating in the global litter vacuum cleaner market include:

  • Alfred Kärcher SE & Co. KG
  • Atlas Copco
  • Delfin Industrial Vacuums
  • Depureco Industrial Vacuums Srl
  • ESTA Extraction Technology
  • GHIBLI & WIRBEL SPA
  • Hako GmbH
  • Nilfisk A/S
  • SharkNinja Operating LLC
  • Tennant Company

Pharmaceutical Bottles Market Size, Analysis and Forecast Up To 2024

Spain Pharmaceutical Bottles Market Analysis

The Spain market for pharmaceutical bottles is highly fragmented with a large portion of this market being operated by a number of international players, small domestic participants, and unorganized companies. Most of the international players focus aggressively on selling their products through distributorship in order to cater to the requirements of the pharmaceutical companies and are expected to continue this practice over the forthcoming years. Gerresheimer, Amcor, and Alcion Plasticos are some of the key players functioning in this market.

As per the estimations, the market for pharmaceutical bottles in Spain, which was worth US$241.4 mn in 2016, is likely to progress at a CAGR of 3.80% over the period from 2016 to 2024 and reach a value of US$235 mn by the end of the forecast period. In terms of shipment volume, the market is likely to touch 1,619 mn units mark by 2024. Thanks to the rising utilization of PET in the manufacturing of pharmaceutical bottles, fueled by its atmosphere barrier properties, the PET segment is likely to remain witnessing a higher growth than other material type segments over the next few years, reports the research study.

Oral Care Products to Report Strong Demand for Pharmaceutical Bottles

The report further provides a comprehensive evaluation of the application areas of pharmaceutical bottles in Spain. According to the study, pharmaceutical bottles are predominantly utilized in liquids, E-liquid, droppers, oral care products, and topical medication in this country. Oral care products, among all, have been exhibiting a greater demand for pharmaceutical bottles. It held a share of nearly 36% in the total demand for pharmaceutical bottles in Spain in 2016. Analysts predict the segment will demonstrate a significant incremental performance in terms of the growth rate as well as the market share throughout the forecast period.

Topical medication, amongst others, is expected to witness a considerable rise in the years to come due to the design competence of pharmaceutical bottles that offer a convenient and less messy dispensing of lotions and semi-solid contents.

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Plastic-based Pharmaceutical Bottles to Trend in Spain Pharmaceutical Bottles Market

“The advancements in the drug delivery formats applicable in the medical and healthcare industry are having the most prominent influence on the market for pharmaceutical bottles in Spain,” states the author of the study. Plastic-based pharmaceutical bottles are the latest trend in the Spain pharmaceutical market. The availability of relatively cheaper polymers in abundance has brought the focus of manufacturers towards producing pharmaceutical bottles from plastic. According to researchers, this trend will shape the future of this market over the forthcoming years.

On the other hand, the rising preference for flexible packaging formats, especially blisters, and the advent of eco-friendly biomaterials-based bottles as an alternative to the pharmaceutical bottles are likely to reflect negatively to the demand for pharmaceutical bottles in Spain to some extent in the years to come, notes the study.

Corporate Wellness Market Size will Observe Substantial Growth by 2026

Employee welfare is gaining center-stage as across countries, governments demand it and companies witness benefits accrue on account of better employee well-being. Not only do such programs and initiatives help improve emotional and physical health of a large segment of population but also they help in improving work performance. As per Transparency Market Research, “The global corporate wellness market is on an upward curve and a number of interesting growth opportunities are anticipated to emerge over the forecast period particularly for large MNCs and corporate houses that are already involved in such initiatives. It is expected that areas such as healthcare, individual needs, and insurance will be hotbeds.”

One of the most significant areas that are expected to drive the market on to a higher growth trajectory over the forecast period is health risk assessment. It holds a special place in the overall growth story owing to being one of the most needed elements in terms of well-being. Besides, it allows for better work output if the employees are in the best of their health.

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A number of schemes that are seeing an increase in implementation are smoking cessation, nutritional advice, fitness drills, health screening, and weight management. Governments across the globe have been quite emphatic in their push towards improvement in health and wellness. They have also pushed for better safety and hygiene of employees.

Transparency Market Research states that the over the forecast period global corporate wellness market would grow by a rate of 8.8%, compounded annually over the period 2018 to 2026. A number of companies are working towards improving their performance index by improving work and efforts directed towards such corporate wellness programs, driving the market forward by a substantial value. It is also worth noting that the North America would hold a prominent place in the regional charts with a sizeable revenue accounted for by the region.

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Asia Pacific Region to Chart Notable Growth in the Global Corporate Wellness Market over the Forecast Period

A number of companies in the global corporate wellness market are now eyeing the Asia Pacific (APAC) region owing to factors such as anticipation regarding higher growth rate, leading to a number of untapped growth opportunities. In order to understand what is driving the region o remarkable growth, it is significant to understand that a lot of Foreign Direct Investment is pouring in the region. Intellectual resources are also making their way in the market. Thus one notes an increase in training modules, welfare schemes and healthcare guidelines. Besides, there is push from employees and the government to put such safeguards in place.

It is also worth noting here that a sizeable share of revenue will be accounted for by regions such as North America and Europe, which are developed, and implemented such schemes way back, and are now ready to capitalize upon that move. Presence of strong players in the two regions is also a significant factor, propelling growth in the market.

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Fragmented and Competitive – Vendor Landscape of Global Corporate Wellness Explained

The global corporate wellness market is fragmented and leading players include ComPsych Corporation, Central Corporate Wellness, Optum, Inc., Truworth Wellness, SOL Wellness, JLT Australia (Recovre Group), Sodexo, and ConneXions Asia.Market players are contributing positively to the growth of global corporate wellness market by their proactive and creative measures taken up at regular intervals. To consolidate market position and penetrate new markets, players often deploy strategies such as alliances – mergers and acquisitions, and partnerships and collaborations. As per Transparency Market Research, “These allow players to combine know-how, resources, and technology improvement. Besides, a firm grasp on the market can be achieved via strategic alliances based on mutual synergies.

About Us

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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Medical Robotic Systems Market to Reach US$ 25,738.8 Mn by 2025

Transparency Market Research (TMR) has published a new report titled, “Medial Robotic Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. According to the report, the global medical robotic systems market was valued at US$ 6,458.0 Mn in 2017 and is projected to expand at a CAGR of 18.9% from 2018 to 2026.

Increase in adoption and demand for surgical robots and rise in the number of products receiving regulatory approval are expected to boost the global medical robotic systems market from 2018 to 2026. The U.S. is anticipated to dominate the global market during the forecast period owing to early availability of novel medical technologies, developed health care infrastructure, increase in adoption of advanced products, and surge in strategic acquisitions to expand product portfolio. For instance, in April 2016, Auris Medical acquired Hansen Medical.

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Hansen specialize in intravascular robotic catheter systems and offers Sensei Robotic Catheter System and Magellan Robotic System. The market in China and India is expected to grow at a high CAGR during the forecast period. Expansion of the market is attributed to rise in incidence rate of chronic diseases, increase in geriatric population, and surge in demand for minimally invasive surgeries. Rise in adoption of technologically advanced products manufactured by key manufacturers such as Intuitive Surgical, Inc. and increase in number of local players in China are likely to drive the global medical robotic systems market.

Rise in Demand for Minimally Invasive Surgery to Drive the Market

Medical robotic systems are widely used for minimal invasive surgeries in the field of gynecology, cosmetology, open surgeries, laparoscopic procedures, and flexible endoscopic procedures.

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Surgeons have rapidly adopted minimally invasive surgical (MIS) techniques for a wide range of applications such as cholecystectomy, appendectomy, gastric bypass, ventral hernia repair, colectomy, prostatectomy, tubal ligation, hysterectomy, and myomectomy. The number of laparoscopic hysterectomy cases is projected to increase during the forecast period. Around 96% of cholecystectomy is done laparoscopically.

Surgical Robots Segment Dominates the Market

The report offers detailed segmentation of the global medical robotic systems market based on product type. In terms of product type, the surgical robots segment is projected to account for the largest share of the global market during the forecast period. Technological advancements, new product launches, and increase in purchasing power of hospitals and other health care settings are anticipated to propel the surgical robots segment during the forecast period. In October 2017, TransEnterix, Inc. received FDA 510(k) clearance for the Senhance Surgical Robotic System, a multi-port robotic system for robotic surgery that provides surgeons with technology such as haptic feedback and eye sensing camera control.

Significant Incremental Opportunity in the U.S.

Based on countries and sub-region, the market is categorized into U.S., Germany, U.K., France, Italy, Spain, Russia, Sweden, Netherlands, China, India, Australia, Singapore, Brazil, Saudi Arabia, South Africa and Rest of the World. In terms of revenue, the U.S. is likely to continue to dominate the global medical robotic systems market during the forecast period, owing to early adoption of technologies such as the da Vinci Surgical System and rise in aging population.

The country is projected to be the most attractive market for medial robotic systems devices, with high attractiveness index. The market in the U.S is expected to expand at a CAGR of 18.4% during the forecast period. Increase in adoption of robotic systems by hospitals, technological advancements, rise in research & development of robotic systems for new applications, and surge in demand for rapid and safe minimally invasive surgery procedures drive the medial robotic systems market in U.S.

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Highly Consolidated Market, with Key Players Accounting for Over 60.0% Share

The report also provides profiles of leading players operating in the global medical robotic systems market. Intuitive Surgical, Inc., Accuray Incorporated, and Stryker are the major players operating in the market. These players offer products with proprietary technologies, for example, Intuitive Surgical, Inc. offers da Vinci Surgical System and Accuray Incorporated offers CyberKnife. Other key player operating in the market include TransEnterix Surgical, Inc., Stereotaxis Inc., ReWalk Robotics, Titan Medical Inc., Medtech SA, Hansen Medical Inc. and Aethon.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

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Prescription Hormonal Drugs in Gynecology Market is Booming Worldwide According to New Research Report

Global Prescription Hormonal Drugs Market in Gynecology: Description

Hormonal imbalance in women is caused due to abnormalities in the secretion of estrogen, progesterone and as well as androgens. A wide array of symptoms might be experienced by patients depending on the type of abnormality such as hot flushes, depression, vaginal dryness, excessive hair growth and abnormal vaginal bleeding.

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Environmental and genetic factors have an influence on women’s fertility through their effect on hormonal function. Similarly, dysfunction of the HPO (hypothalamic-pituitary-ovarian) axis and/or other endocrine systems may cause infertility and other gynecological disorders. The correct clinical decision for treating these diseases can be made on pathogenetic basis.

Global Prescription Hormonal Drugs Market in Gynecology: Disease Overview

Disturbances related to the menstrual cycle lead to various syndromes such as polycystic ovary syndrome (PCOS), amenorrhea and premenstrual syndrome (PMS). Of all the above, PCOS is a common hormonal disorder seen among women that in the reproductive age. PCOS is a condition in which appearance of the ovaries in most, but not all women, is enlarged and features a number of tiny cysts located along the outer edge of each ovary. PCOS symptoms are observed in nearly 5% to 10% of women who are in their reproductive age (typically between 12 to 45 years).

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PCOS is perceived to be among the leading causes of female sub-fertility. It is also among the most frequently reported endocrine problems in women in the reproductive age. Amenorrhea is a clinical condition wherein menstrual periods do not occur. Besides phases such as childhood, breastfeeding, pregnancy, and menopause, the absence of periods may point toward a problem in the female reproductive system. However, hormonal disruption is also a common cause for the absence of menstrual periods. Similarly, PMS is a medical condition that affects many women with childbearing age and causes variety of physical and psychological symptoms that occur just before menstrual cycle.

The prevalence of hormonal imbalance rate in women is high as the World Health Organization (WHO) estimates that PCOS affected 116 million women worldwide as of 2010 i.e. nearly 3.4% of the global female population. While in case of PMS, according to World Health Organization (WHO), in 2010, 199 million women had premenstrual syndrome i.e. nearly 5.8% of the global female population.

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Global Prescription Hormonal Drugs Market in Gynecology: Drivers and Restraints

The major drivers of the hormonal drugs in gynecology market includes high awareness in female population regarding hormonal disorders, continuous research and development activities in the field of women healthcare and various government and organizational programs to educate women about the symptoms, precautions and treatments. The market for hormonal drugs in gynecology can be segmented on the basis of different drugs available in the market, different disease conditions and geography. Various drugs available for the treatment of hormonal disorders includes Depo-Provera, Prometrium, Provera, Alesse, Apri, Desogen, Junel Fe 1/20, Kariva, Loestrin Fe1/20, Vestura and others. Geographic segment of prescription hormonal drugs in gynecology market can be categorized into following regions: North America, Europe, Asia-Pacific and Rest of the World.

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Brisdelle (low-dose paroxetine mesylate) product of Noven Pharmaceutical received approval in July 2013 against treatment of menopause condition. Brisdelle is a low-dose formulation of paroxetine mesylate, a selective serotonin reuptake inhibitor. Similarly, the new entity AZD4901 (Oral) is currently under phase II clinical trial for treatment of PCOS and this study is sponsored by Astra Zeneca. It is an interventional type of study including 56 as the target sample size.

The major players of prescription hormonal drugs in gynecology market includes Novartis AG, Pfizer, Inc., Berlex Laboratories, Inc., Ferring Pharmaceuticals, S.A., Duramed Pharmaceuticals, Inc. Xanodyne Pharmaceuticals, Inc., Bayer AG and others.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Large Volume Parenteral (LVP) Market: Global Innovations and Emerging Trends 2016 – 2024

Global Large Volume Parenteral Market: Overview

Parenteral formulations refer to sterile liquid or solid drug dosages packaged in either single or multi dose containers to be administered via a route other than the digestive tract, such as by intramuscular, subcutaneous, or intravenous injections. Parenteral drug administration is known to provide maximum efficacy and bioavailability and is preferred over oral dosages in a vast number of instances. Broadly, parenteral preparations are segmented on the basis of the content of the dosage into large and small volume parenteral formulations.

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Small volume parenteral preparations include dosages that are 100 ml or less and prepared as single or multiple dosages. Large volume parenteral (LVP) preparations, on the other hand, are dosages more than 100 ml volumes of intravenous solutions, commonly prescribed to correct fluid and electrolyte disturbances, nutrition, or to act as a vehicle for administering some kind of drug to the body.

Commonly used large volume parenteral preparations include infusions of amino acid, mannitol, dextrose, lactated ringer injection, ringer’s injection, and sodium chloride injection. This report on the global large volume parenteral market presents an overview of the market on the global, regional, and country levels.

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Global Large Volume Parenteral Market: Scope of the Report

The report presents vast qualitative as well as quantitative insights about the market and its key aspects in present times. The report also includes vast projections regarding the growth prospects of the market over the period between 2016 and 2024 based on volume and revenue, with 2015 considered the base year. It provides a comprehensive analytical overview of the key factors expected to have a notable impact on the market’s future growth prospects, including drivers, challenges, and growth opportunities.

The report analyzes the degree of competition in the global large volume parenteral market with the help of Porter’s Five Forces analysis. The report also comprises a qualitative overview of the market’s attractiveness, wherein key product varieties and countries are analyzed on the basis of attractiveness for each region. Aspects such as profit margin, raw material availability, market size, growth rate, competition, recent technological developments, and other factors representing the current growth opportunity held by the market or its sectors are also evaluated to derive the market’s general attractiveness. The report also comprises an analysis of the market’s projected price trends between 2016 and 2024.

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Global Large Volume Parenteral Market: Drivers and Restraints

In the past few years, there has been a substantial rise in the overall demand for large volume parenteral preparations. The constantly rising numbers of surgeries and an increasing rate of hospitalization are considered to be the key factors to have paved the way for the market to secure promising growth avenues. Moreover, the rising demand for safer, faster, and more effective methods of drug administration in patients undergoing surgeries have also leveraged the demand for LPV preparations globally. The increasing consumer acceptance for single dosage vaccines, and drugs for central nervous systems disorders, diabetes, and oncology is also expected to drive the demand for large volume parenteral preparations.

Global Large Volume Parenteral Market: Segmentation

The large volume parenteral market has been analyzed in the report through three broad categories namely, nutritious injections, therapeutic injections, and injections for fluid balance. Of these, fluid balance injections are used to administer a variety of electrolytes to trauma patients and to patients who are in the need of electrolytes such as chloride, sodium, and potassium. Therapeutic injections are widely used to administer vaccines, anti-infective drugs, oncology drugs, diabetes drugs, and gastrointestinal drugs. From a geographical perspective, the large volume parenteral market has been examined for regions such as North America, Europe, Asia Pacific, and Middle East and Africa.

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Some of the key vendors operating in the global large volume parenteral market are Baxter Healthcare Corporation, Kelun Pharma, Patheon Inc., BAG Healthcare GmbH, Hospira, Inc., Otsuka Pharmaceutical, Teva Pharmaceutical Industries Limited, Wockhardt Ltd., Southwest Pharmaceutical Co. Ltd., and Cook Pharmica LLC.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Bleeding Disorder Therapeutics Market Size will Observe Lucrative Surge by the End 2024

Global bleeding Disorder Therapeutics Market: Overview

Bleeding disorders usually include symptoms in which delay in the blood clotting process can be observed. Two main types of blood disorders include von Willebrand disease and hemophilia, both of which are hereditary in nature. Von Willbrand is one of the most common congenital bleeding disorders in humans, caused as a result of deficiency of Von Willebrand factor (VWF) which assists in clot clotting process. There are three types of Von Willebrand disorders classified on the basis of level of VWF synthesis.

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Von Willebrand disorder’s occurrence is almost equal in both sexes, and affects about 1% of the general population according to the Centers for Disease Control and Prevention (CDC). The most common complications of the disorder include heavy menstrual bleeding, excessive gum bleeding and abnormal bleeding after minor injuries.

Hemophilia, on the other hand, is a disorder in which clotting factors essential for clotting phenomenon are inadequate or absent. In the U.S. about 400 newborns suffer from hemophilia every year according to statistics published by the CDC. The two main types of hemophilia are hemophilia A with deficiency of clotting factor VIII and hemophilia B with deficiency of clotting factor IX. The National Heart, Lung and Blood Institute, U.S. details that approximately 7 out of 10 individuals who suffer from hemophilia A have severe form of the disorder.

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Global bleeding Disorder Therapeutics Market: Drivers and Restraints

Although bleeding disorders cannot be cured, various medications are directed to manage the symptoms of the disorder. Medications may be prescribed before or after surgery, dental work or after an injury to patients suffering from mild form of the disorder. Severe form of the disorder can be controlled with daily medicines prescribed by the doctor. The market for bleeding disorder therapeutics is driven by the large customer base, increased awareness about the bleeding disorders and available cures, and favorable reimbursement policies. The market will be seeded with new drugs emerging from a promising pipeline.

Moreover, patent expiry of existing brands will also provide generic drug manufacturers opportunities to enter the lucrative bleeding disorder therapeutics market. Due to the high price of branded drugs, the market for bleeding disorder therapeutics is mostly concentrated towards western countries of North America and Europe. Low cost drugs will help in better market penetration in under developed and developing economies where patients cannot afford high cost of medical treatment.  Hence availability of low cost generic drugs will boost market growth in the countries of Asia-Pacific, Latin America, Middle East and Africa.

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Global bleeding Disorder Therapeutics Market: Competitive Dynamics

A few drugs that have lost their patent protection include NovoSeven by Novo Nordisk, whose patent expired in Japan and in the U.S., in 2009 and November 2010, respectively, while the European patent expired on a country-by-country basis in 2011, Plavix by Bristol-Myers Squibb, Lovenox by Sanofi, Neupogen by Amgen, and Procrit by Janssen. These drugs are now available in the market in generic cost effective form.

Companies are also trying to discover gene therapy which can cure the disorder. Some of the players conducting lineal trials are Biogen Idec, Novo Nordisk, Bayer Healthcare, Xenetic Biosciences, Cangene Corporation, CSL Behring, Alnylam and Pfizer. The global bleeding disorder therapeutics market is highly competitive and fragmented.

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Technological advances will expand the boundaries of the market by adding new products. In 2014, Baxter International, Inc. agreed to acquire Chatham Therapeutics. The acquisition will give Baxter Chatham’s developmental gene therapy program which is directed toward of treatment of hemophilia.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Nuclear Medicine Market Size to Expand Significantly by the End of 2024

Global Nuclear Medicine Market: Overview

Although not every medical isotopes are particularly radioactive in nature, nuclear medicines or radiopharmaceuticals make for one of the common drugs that are used for the diagnosis of dysfunctions in human body tissue. Nuclear medicines are used for both diagnostic and therapeutic purposes and there are more than 30 specific radiopharmaceuticals used by medical practitioners.

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Various forms of nuclear medicines are useful in treating cancer, neurological disorders, gastrointestinal, and other diseases. According to the findings of this business intelligence study, as the healthcare infrastructure improves across several emerging economies, the demand in the global radiopharmaceuticals market is primed to expand at a healthy CAGR during the forecast period of 2016 to 2024.

This nuclear medicine market report has been developed by healthcare experts with a solitary aspiration to act as a dependable business document for selected audiences such as manufacturers and distributors of radiopharmaceuticals, healthcare institutions including hospitals and medical schools, research and development institutes, contract manufacturing organizations, and venture capitalists.

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The report includes comprehensive and figurative assessment of the demand potential of various market segments, analyzes various impacting factors including trends, drivers, and obstructions, and takes stock of the demand that can be expected out of different countries and regions. The report also contains a featured chapter on the competitive landscape of the radiopharmaceutical market.

Global Nuclear Medicine Market: Drivers and Restraints

A number of factors are poised to augment the demand for nuclear medicine, but none bigger than the growing prevalence of cancer and cardiac disorders. According to the World Health Organization (WHO), cancer causes almost one out of six deaths across the world and the population suffering from various type of it is expanding consistently as a result of lifestyle involving tobacco and alcohol, low intake of fruits and vegetables, and lack of physical activity.

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Advances in radiotracers, advent of alpha radioimmunotherapy (Rit)-based targeted cancer treatments, and investments via public and private partnerships to revolutionize diagnostic measures are some of the other factors expected to drive the demand for radiopharmaceuticals market in the near future. On the other hand, significantly shorter half-life of radiopharmaceuticals, substantially high cost of these specific medicines, and shutting down of several nuclear reactors are some of the restraints obstructing the market from attaining greater profitability. That being said, the analysts have also highlighted growing demand from emerging economies, upcoming radioisotopes, and expanding usage across neurological applications are some of the opportunities that will open new revenue avenues in the near future.

Global Nuclear Medicine Market: Regional Analysis

Apart from segmenting the radiopharmaceuticals market on different aspects such as type, procedural volume, and application, the report has also gauged the potential of demand that can be expected out of every important region and country. Presently, North America is the leading provider of demand, followed by Europe. However, emerging economies such as China, India, Malaysia, and Indonesia are expected to transform Asia Pacific into high potential region during the second half of the aforementioned forecast period of the report.

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Global Nuclear Medicine Market: Competitive Landscape

GE Healthcare, Cardinal Health Inc., Bayer AG, Mallinckrodt PLC, Nordion, Inc., IBA Molecular Imaging, and Advanced Accelerator Applications S.A. are some of the notable companies holding prominent positions in this market.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

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Physiotherapy Services Market Projected to Gain Significant Value by 2024

Physiotherapy Services Market: Overview

Physiotherapy also known as physical therapy is provided by physiotherapist to the patients suffering from disabilities and impairments of mobility. Physiotherapists are healthcare professionals who are efficient in diagnosis and treatment of aforementioned medical conditions.

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Physical therapy also involves an interaction between patient and physiotherapist in order to access and diagnose the potential movement in the patient. It also helps in setting certain goals for early and effective physiotherapy. Quality of life coupled with functional ability of various body organs are enhanced by availing physiotherapy.

Physiotherapy Services Market: Segmentation

Based on the mode of treatment, physiotherapy services market can be segmented as exercise, manual therapy, specialized treatments and others. Specific exercises are advised to patients for the ailment of their disabilities. Manual therapy includes massage, mobilization and manipulation. In massage, pressure in applied on soft tissues of the body, in order to increase blood circulation and relax muscles. In mobilization, slow motioned movement activities are performed on patient to mobilize muscles.

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In manipulation, pressure is applied on joints with the help of specific machines or manually (via hands), enabling their movements. Specialized treatments include vestibular rehabilitation, wound care, pelvic health, oncology and decongestive lymphatic drainage. Vestibular rehabilitation is helpful to patients who have problems like vertigo. Wound care therapy is provided to those whose wound is not healing soon due to poor blood circulation. Pelvic health therapy is advised to the patients suffering from urinary incontinence and pelvic pain.

Oncology therapy is provided to patients suffering from cancer in order to relieve them from pain and to enhance quality of life. Decongestive lymphatic drainage is special form of massage that helps reduce swelling lymphatic system due to improper draining of fluids from tissues.

Physiotherapy services market can also be segmented based on the area specification of the therapy such as: orthopedic, geriatric, cardiovascular and pulmonary, integumentary, neurological, pediatric, women’s health and palliative care. Among all these, orthopedic and geriatric physiotherapy services market accounted for the largest share of the total market. This large market size is attributed to their wide application in orthopedic field coupled with catering the requirements of geriatric population. Also, increasing geriatric population that usually suffers from mobility, disability and joint problems due to weak bones is also expected to propel the demand for availing physiotherapy to increase the quality of life.

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Physiotherapy Services Market: Drivers

The market for physiotherapy services is expected to increase at a significant growth rate owing to rising geriatric population across the world. Elderly people usually suffer from various ailments such as arthritis, cardiovascular diseases and chronic pain. Hence, they accentuate the demand for availing physiotherapy services to relax their body from the ailments. Elderly people are also raising the demand for palliative care that is provided via physiotherapy.

The World Health Organization has projected that by 2050, global geriatric population will reach a count of nearly 2 billion which was around 547 million in 2010. Similarly, increasing incidences of orthopedic disorders will further accentuate the growth of physiotherapy services market. Likewise, increasing women’s healthcare concern will also augment the growth of physiotherapy services market. Pregnant women require special physiotherapy services for maintaining their fetus growth and their health.

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Hence, all the aforementioned factors will boost the growth of physiotherapy services market. The major players operating in physiotherapy services market include AmeriCare Physical Therapy, Meier & Marsh Physical Therapy, Rehab Alternatives, FullMotion Physical Therapy, Elam Sports Oahu and Minsu’s Healing Oasis amongst other significant players.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

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