Fundus Cameras Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 Fundus Cameras Market Growth & Trends

The global fundus cameras market size is expected to reach USD 470.4 million by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2021 to 2028. The rising geriatric population and growing occurrences of chronic disorders such as diabetes and hypertension further increase the incidence of retinal disorders.

For instance, according to the WHO 2016 report, globally, in 2014, 422.0 million people had diabetes. Additionally, increasing non-communicable diseases such as AMD, diabetic retinopathy, and glaucoma is contributing to the growing blind population globally. Therefore, to control the impact of these eye diseases, the fundus camera is widely used for diagnosis purposes. Availability of different types of fundus cameras such as hybrid, portable, handheld, and standalone is expected to propel the market growth during the forecast period.

Diabetic Retinopathy (DR), Retinopathy of Prematurity (ROP), and Age-Related Macular Degeneration (AMD) are major and increasing causes of retinal blindness. An increase in life expectancy has led to a rise in the geriatric population, which would further continue to rise in the future. According to the U.S. Census Bureau, international database, the global geriatric population was nearly 617.1 million in 2015 and is anticipated to reach 998.7 by 2030. This, in turn, is expected to drive the overall market growth during the forecast period.

In addition, supportive government regulations for fundus cameras are expected to fuel the market growth during the forecast period. For instance, regulatory agencies in the U.S. and Japan stated that the cameras should be replaced every 4 years. This initiative by the agencies will help in implementing new advancements in fundus photography every 4 years, thereby, enhancing the diagnosis of eye diseases. However, the presence of other advanced technologies such as OCT for the diagnosis of eye problems is expected to hinder the adoption of fundus cameras and may impact the overall market growth during the forecast period.

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Fundus Cameras Market Report Highlights

• The non-mydriatic fundus cameras segment dominated the market in 2020 due to increased demand, as it enables the practitioner to view the retinal anatomy in detail and provides enhanced diagnosis and management of eye diseases
• Non-mydriatic and mydriatic camera can be further sub-segmented into tabletop and handheld. The tabletop segment dominated the market in 2020 because of the availability of a higher number of commercialized products and the ability to produce a better image quality than handheld products
• By end use, the ophthalmic and optometrist offices segment is expected to grow at the fastest rate during the forecast period due to the availability of well-equipped offices in North America and Europe, and the preference of patients for primary eye care
• North America dominated the market in 2020 and is expected to maintain its position during the forecast period, due to the local presence of major players and increased awareness about eye disorders
• In Asia Pacific, the market is anticipated to be the fastest-growing segment during the forecast period due to rising healthcare expenditure and increasing cases of retinal detachment, DR, and AMD

Fundus Cameras Market Segmentation

Grand View Research has segmented the global fundus cameras market based on product, end-use, and region:

Fundus Cameras Product Outlook (Revenue, USD Million, 2016 - 2028)

• Mydriatic Fundus Cameras
  • Tabletop
  • Handheld
• Non-Mydriatic Fundus Cameras
  • Tabletop
  • Handheld
• Hybrid Fundus Cameras
• ROP Fundus Cameras

Fundus Cameras End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ophthalmology Clinics
• Ophthalmic & Optometrist Offices

Fundus Cameras Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • The Netherlands
  • Russia
  • Switzerland
  • Poland
  • Turkey
• Asia Pacific
  • China
  • Japan
  • India
  • Thailand
  • South Korea
  • Indonesia
  • Taiwan
  • Hong Kong
  • Philippines
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar

List of Key Players of Fundus Cameras Market

• Carl Zeiss Meditec, Inc.
• Kowa Company Ltd.
• Optomed Oy (Ltd.)
• Optovue, Incorporated
• CenterVue SpA
• NIDEK Co., Ltd.
• Topcon Medical Systems, Inc.
• Clarity Medical Systems, Inc.
• Canon, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

COVID-19 Detection Kits Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2027

 COVID-19 Detection Kits Market Growth & Trends

The global COVID-19 detection kits market size is expected to reach USD 4.63 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.05% during the forecast period. The COVID-19 pandemic has posed several challenges to the global healthcare systems. The diagnostics area is recognized as one of the primary elements of efforts to contain the spread and circumvent its adverse impact globally. As a result, companies are ramping up their production process to meet the demand or kits and reagents as well as at-home tests, thereby driving the market revenue.

Constantly increasing demand for rapid diagnostic tests that can deliver results in less time coupled with a shortage of testing materials has triggered the development of antibody and antigen test kits. For instance, in August 2020, Abbott Laboratories secured approval for a COVID-19 portable antigen test that can deliver results in 15 minutes.

Despite the time and cost-related challenges, molecular assay remains the key detection method owing to high sensitivity and specificity. As a result, the kits for RT-PCR based molecular assay are witnessing a huge rise in demand across the globe. The continuous growth in the shipping of the molecular test kit depicts the high demand for these kits. For instance, in May 2020, Siemens Healthineers announced its plans to ship more than 2.5 million molecular PCR test kits per month.

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COVID-19 Detection Kits Market Report Highlights

• RT-PCR assay kits are estimated to account for the major revenue share owing to the high usage rate of PCR testing. High reliability of test results is the key contributing factor of high adoption of RT-PCR assays across the globe
• Nasopharyngeal (NP) swabs are estimated to capture maximum revenue share owing to the dependence of RT-PCR assays on NP swabs. Healthcare institutes and testing service providers have collaborated with market participants for the supply of NP swabs to test patients at a large scale
• Centralized testing (Non-PoC) is currently the key mode of testing and thus it is anticipated to maintain its dominance through 2020. Through this mode, healthcare professionals can process a massive number of samples with great efficiency and a high level of automation, thereby driving the segment growth
• In the current market, laboratories is the key revenue-generating end-user segment with a high number of a testing process taking place within laboratory settings
• With a high number of cases and testing, Asia Pacific is anticipated to maintain its dominance throughout the forecast period. Asian countries are focusing on rapid antigen testing as a cost-effective strategy to contain the spread, resulting in the revenue growth of this region
• Some of the key players operating in the COVID-19 detection kits industry include Quidel Corporation; Abbott; Becton, Dickinson and Company, and Thermo Fisher Scientific, Inc.

COVID-19 Detection Kits Market Segmentation

Grand View Research has segmented the global COVID-19 detection kits market on the basis of product, sample type, mode, end-use, and region:

COVID-19 Detection Kits Products Outlook (Revenue, USD Million, 2020 - 2027)

• RT-PCR Assay Kits
• Immunoassay Test Strips/Cassettes

COVID-19 Detection Kits Sample Type Outlook (Revenue, USD Million, 2020 - 2027)

• Nasopharyngeal (NP) Swab
• Oropharyngeal (OP) Swab
• Nasal Swab
• Others

COVID-19 Detection Kits Mode Outlook (Revenue, USD Million, 2020 - 2027)

• Decentralized or Point-of-Care (PoC) Testing
• Centralized Testing (Non-PoC)

COVID-19 Detection Kits End-use Outlook (Revenue, USD Million, 2020 - 2027)

• Laboratories
• Hospitals
• Diagnostic Centers and Clinics
• Others (Research Institutes & Direct-to-Consumers)

COVID-19 Detection Kits Regional Outlook (Revenue, USD Million, 2020 - 2027)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
  • Austria
  • Portugal
  • Sweden
  • Norway
  • Russia
  • Denmark
  • Poland
  • Switzerland
  • Turkey
  • Belgium
  • Netherlands
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Malaysia
  • Philippines
  • Indonesia
  • Thailand
  • Singapore
• Latin America
  • Brazil
  • Chile
  • Peru
  • Mexico
• The Middle East & Africa (MEA)
  • South Africa
  • Iran
  • Israel
  • UAE
  • Qatar
  • Iraq

List of Key Players of COVID-19 Detection Kits Market

• Hoffman-La Roche Ltd.
• Thermo Fisher Scientific, Inc.
• Perkin Elmer, Inc.
• Veredus Laboratories
• DiaSorin
• altona Diagnostics GmbH
• Mylab Discovery Solutions Pvt Ltd
• Abbott
• Luminex Corporation
• Quidel Corporation
• Becton, Dickinson and Company

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Self-driving Cars & Trucks Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 The global self‑driving/autonomous cars and trucks market size is anticipated to reach 4,223 thousand units by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 63.1% during the forecast period. An autonomous vehicle is a combination of various sensors and networking systems that assist computers in driving vehicles. Thus, several technology providers such as Google Inc. and Tesla Motors have also entered the market and are contributing to research and development of autonomous vehicles.

The automobile industry is dynamic and is witnessing rapid advancements in terms of technologies. Several major players in the industry, such as General Motors Company (GM), Volkswagen AG, Mercedes-Benz, and Bayerische Motoren Werke AG (BMW), invest a significant part of their revenue in research and development of technologies. Currently, there is a growing trend of autonomous vehicles, thus attracting larger investments from top players.

The autonomous cars and trucks market has been segmented on the basis of application into transportation and defense. The transportation segment has been bifurcated further into industrial and commercial applications. Transportation is expected to have a greater market share while the defense segment is expected to portray the highest growth over the forecast period.

The North America region is slated to account for the largest share in the autonomous cars and trucks market in 2020. Demand for autonomous vehicles is expected to increase over the forecast period owing to stern government regulations and rising adoption of self-driving vehicles in U.S.

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https://www.grandviewresearch.com/industry-analysis/driverless-cars-market

Further key findings from the report suggest:

• Demand for driverless cars and trucks market is expected to grow owing to rising number of regulations laid down by governments of various developed and developing nations
• Market size of the defense segment is expected to expand at the highest CAGR of 86.4% over the forecast period
• S., China, and Japan markets are expected to witness significant growth over the forecast period owing to large-scale testing activities and adoption of autonomous cars and trucks in the transportation sector
• Audi AG; BMW AG; Daimler AG (Mercedes Benz); Ford Motor Company; General Motors; Google LLC; Honda Motor Corporation; Nissan Motor Company; Tesla, Inc.; Toyota Motor Corporation; Uber Technologies, Inc.; Volvo Car Corporation; and Volkswagen AG are some of the key market incumbents.

Grand View Research has segmented the global Self-driving/Autonomous Cars and Trucks market on the basis of application and region:

Self-driving/Autonomous Cars and Trucks Application Outlook (Volume, Thousand Units, 2020 - 2030)

• Transportation
  • Industrial
  • Commercial
• Defense

Self-driving/Autonomous Cars and Trucks Regional Outlook (Volume, Thousand Units, 2020 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Netherlands
  • Sweden
• Asia Pacific
  • China
  • Japan
  • Singapore
  • Australia
• South America
  • Brazil
• Middle East and Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

5G Services Market Size Is Predicted To Reach A Valuation Of $414.50 Billion By 2027: Grand View Research Inc.

 5G Services Market Growth & Trends

The global 5G services market size is estimated to reach USD 414.50 billion by 2027, registering a CAGR of 43.9% from 2021 to 2027, according to a new study by Grand View Research, Inc. Rapidly rising demand for ultra-reliable and low latency data networks capable of providing enhanced mobile connectivity is estimated to boost the market growth over the forecast period. The potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to propel the market growth from 2021 to 2027.

The 5G wireless technology is expected to completely transform the transportation and logistics industry by providing seamless vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) connectivity. As such, the need to ensure a strong, seamless, and uninterrupted connectivity with autonomous vehicles is estimated to drive the adoption of 5G services. Furthermore, robust deployment of 5G network infrastructure is estimated to improve the operational efficiencies in several IoT use cases, including smart homes, smart cities, and industry 4.0. Hence, rising need for high bandwidth in order to provide reliable communication to IoT devices is expected to elevate the overall market growth over the forecast period.

In some countries such as U.S., China, and Japan, the trend of monitoring energy systems of buildings remotely is rising gradually. This is expected to open new opportunities for rolling out 5G services over the forecast period. As such, growing need for remote asset monitoring, drone control and coordination, and smart grid control is anticipated to fuel the growth of the ultra-reliable low-latency communications (uRLLC) segment over the forecast period.

Key market players such as AT&T Inc.; China Telecommunications Corporation; and Verizon Communications are investing aggressively in rolling out 5G infrastructure to provide low-latency services for faster machine-to-machine (M2M) communication. However, these market players are expected to deliberate before making investments owing to the high 5G spectrum prices. Stringent governments’ regulations and policies pertaining to the 5G wireless technology are also expected to hinder the market growth. Moreover, due to the outbreak of the COVID-19 pandemic, the governments across key countries, such as U.S., Spain, U.K., and France, have postponed the auction for 5G spectrums. This is expected to hamper the market growth over the forecast period.

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5G Services Market Report Highlights

• In North America, U.S. is anticipated to reach nearly USD 145 billion by 2027 owing to rising demand for higher data speeds for several end-use applications, including M2M communications, energy and utility management, and smart mobility management
• By communication type, the enhanced mobile broadband (eMBB) segment is anticipated to hold the largest market share by 2027 owing to the increased emphasis by key market players on rolling out high-speed and low-latency data networks for residential and commercial applications, such as video conferencing, virtual meeting, and VR/AR gaming
• Based on vertical, the manufacturing segment is expected to register the fastest CAGR of 49.0% over the forecast period owing to rapidly increasing need for seamless connectivity to drive industrial devices, including robots, and actuators
• Market incumbents are focusing on mergers and acquisitions for delivering 5G services in order to strengthen their market presence and expand their product portfolios.

5G Services Market Segmentation

Grand View Research has segmented the global 5G services market on the basis of communication type, vertical, and region:

5G Services Communication Type Outlook (Revenue, USD Billion, 2020 - 2027)

• Fixed Wireless Access (FWA)
• Enhanced Mobile Broadband (eMBB)
• Ultra-reliable and low latency communications (uRLLC)
• Massive machine-type communications (mMTC)

5G Services Vertical Outlook (Revenue, USD Billion, 2020 - 2027)

• Manufacturing
• Energy & Utility
• Media & Entertainment
• IT & Telecom
• Transportation & Logistics
• Healthcare
• Retail
• Agriculture
• O&G and Mining
• BFSI
• Construction
• Real Estate

5G Services Regional Outlook (Revenue, USD Billion, 2020 - 2027)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)

List of Key Players of 5G Services Market

• AT&T Inc.
• BT Group plc
• China Mobile Ltd.
• China Telecom Corporation Limited
• Bharti Airtel Limited
• KT Corporation
• Saudi Telecom Company
• Vodafone Group
• Deutsche Telekom AG
• SK Telecom Co., Ltd.
• Verizon Communications Inc.
• NTT Docomo
• Telecom Italia
• Sprint Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

COVID-19 Sample Collection Kits Market Set to Witness an Uptick During 2021 to 2027: Grand View Research Inc.

 COVID-19 Sample Collection Kits Market Growth & Trends

The global COVID-19 sample collection kits market size is expected to account for USD 16.3 billion by 2027, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.5% over the forecast period. The continuous approval of diagnostic tests for effective diagnoses of SARS-CoV-2 infection raises the demand for sample collection products, such as swabs and Viral Transport Media (VTM). Also, a shortage of testing materials such as swabs, reagents, and others has resulted in the proliferation of new players in the space, thereby driving the market revenue.

The regulatory agencies are playing a major role as the key driving force of the market, by safeguarding the product efficiency and accelerating new approvals. For instance, in November 2020, the COVID-19 All-In-One Test Kit test by Lucira was authorized by the U.S. Food and Drugs Administration (FDA) for home use for suspected COVID-19 individuals of age 14 and older. The test enables the use of a self-collected nasal swab specimen. Such developments are aimed at the comfort and convenience of patients, along with minimizing the infection risk for healthcare professionals.

Furthermore, constant expanding global financing to boost the swab production which is currently the need of the hour foment organic revenue growth. Some funding agencies are operating in the space are the Washington Entrepreneurial Research Evaluation and Commercialization Hub (WE-REACH), the Foundation for Innovative New Diagnostics (FIND), and the U.S. Department of Health and Human Services (HHS).

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COVID-19 Sample Collection Kits Market Report Highlights

• The Centers for Disease Control and Prevention (CDC) and the WHO have recommended nasopharyngeal swab-based diagnostic tests as the preferred mode of testing for SARS-CoV-2 detection
• This has led to the dominance of swabs over other specimen collection products, with a 42.0% revenue share in the 2020 market
• The large volume and usage rate of nasopharyngeal and oropharyngeal swabs has attributed to the highest share of this product in the global market
• Application of COVID-19 sample collection kits in diagnostics setting is anticipated to account for the largest revenue share in 2020
• A continuous increase in the number of approvals by the U.S. FDA has significantly propelled segment growth
• A large volume of tests carried out in the hospitals coupled with the establishment of new hospitals especially dedicated to COVID-19 care resulted in the dominant share of hospitals and clinics
• Owing to the highest number of cases and tests carried out in the U.S., North America captured the maximum revenue share in 2020
• Furthermore, Europe pegged the second position in the market in terms of revenue generation. The presence of key players such as COPAN Diagnostics and Roche in the region contributes to the region’s total revenue
• Key participants operating in the space, such as Thermo Fisher, Becton Dickinson, COPAN Diagnostics, and Puritan Medical Products, are constantly boosting their production and supply
• For instance, in October 2020, Puritan Medical Products announced its plans to establish a second facility in Pittsfield, after being awarded USD 51.2 million through CARES Act

COVID-19 Sample Collection Kits Market Segmentation

Grand View Research has segmented the global COVID-19 sample collection kits market based on product, application, site of collection, and region:

COVID-19 Sample Collection Kits Product Outlook (Revenue, USD Million, 2020 - 2027)

• Swabs
  • Nasopharyngeal (NP) swabs
  • Oropharyngeal (OP) swabs
  • Nasal Swabs
• Viral Transport Media
• Blood Collection Kits
• Other Consumables

COVID-19 Sample Collection Kits Application Outlook (Revenue, USD Million, 2020 - 2027)

• Diagnostics
• Research

COVID-19 Sample Collection Kits Site of Collection Outlook (Revenue, USD Million, 2020 - 2027)

• Hospitals & Clinics
• Home Test

COVID-19 Sample Collection Kits Regional Outlook (Revenue, USD Million, 2020 - 2027)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • South Korea
  • Australia
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East Africa (MEA)
  • South Africa
  • Saudi Arabia

List of Key Players of COVID-19 Sample Collection Kits Market

• Puritan Medical Products
• COPAN Diagnostics
• Becton, Dickinson and Company
• Thermo Fisher Scientific, Inc.
• Laboratory Corporation of America Holdings
• Lucence Diagnostics Pte Ltd.
• Hardy Diagnostics
• Trinity Biotech
• Quidel Corporation
• Quest Diagnostics
• Danaher Corporation
• Vitagene Inc.
• Formlabs
• HiMedia Laboratories
• VIRCELL S.L.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Predictive Dialer Software Market to Reach Around USD 12.19 Billion by 2028: Grand View Research Inc.

 Predictive Dialer Software Market Growth & Trends

The global predictive dialer software market size is expected to reach USD 12.19 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 37.0% from 2021 to 2028. Predictive dialer software uses statistical algorithms to predict the availability of contact center agents and estimates the normal time for phone calls to be answered. The dialing rate is then adjusted accordingly considering these two factors.

Businesses are widely adopting predictive dialer systems to reach out to a large number of customers automatically. Furthermore, predictive dialer dials from a list of phone numbers and can detect disconnected phone numbers, voicemail messages, busy signals, and unanswered numbers. Such a system potentially allows companies to keep their customers updated about a service issue or emergency.

Numerous businesses across the globe are adopting predictive dialer software to leverage automated dialer technology to connect with their customers in real-time. The software allows contact center agents to adjust the calling rate efficiently according to the sales benchmarks and quotas. The software also allows agents to access valuable customer information related to the next call in the lineup.

Predictive dialer software can allow contact center agents to effectively handle high call volumes. The software can also help businesses in improving agent efficiency and productivity with a lesser workforce. The outbreak of COVID-19 is anticipated to drive the demand for predictive dialer software as companies prefer working with a limited workforce amid the pandemic.

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Predictive Dialer Software Market Report Highlights

• By component, the software segment is expected to continue dominating the market over the forecast period. The capability of the software to help agents in handling blended calls and deal with both outbound and inbound calls prompts businesses to adopt the software to deliver higher customer satisfaction
• On the basis of deployment, cloud-based predictive dialer software assists businesses with the processes related to voice broadcasting and live call transfer. Its key features include voicemail detection, concurrent calling, campaign analytics, and text-to-speech conversion
• In terms of enterprise size, small and medium enterprises need efficient communication systems, which can potentially boost their business. Predictive dialer systems are suitable for small and medium enterprises as they can autodial call efficiently as per the business needs
• Based on end use, government agencies are widely adopting predictive dialer systems as they are affordable, can be easily installed on a desktop, and require no additional hardware. As a result, even smaller government organizations are adopting these systems to effectively communicate with citizens and staff
• Continued adoption of the latest technologies in emerging economies, such as China and India, is expected to create growth opportunities for the market in Asia Pacific

Predictive Dialer Software Market Segmentation

Grand View Research has segmented the global predictive dialer software market on the basis of component, deployment, enterprise size, end use, and region:

Predictive Dialer Software Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Services
  • Integration & Deployment
  • Support & Maintenance
  • Training & Consulting
  • Managed Services

Predictive Dialer Software Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Cloud
• On-premise

Predictive Dialer Software Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

• Large Enterprises
• Small & Medium Enterprises

Predictive Dialer Software End-use Outlook (Revenue, USD Million, 2016 - 2028)

• BFSI
• Government
• Healthcare
• IT & Telecom
• Others

Predictive Dialer Software Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players of Predictive Dialer Software Market

• Agile CRM
• ChaseData Corporation
• Convoso
• Five9, Inc.
• NICE inContact
• PhoneBurner
• RingCentral, Inc.
• Star2Billing S.L.
• VanillaSoft
• Ytel Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Hospital Gowns Market is Projected to Boost $8.26 Billion by 2028: Grand View Research Inc.

 Hospital Gowns Market Growth & Trends

The global hospital gowns market size is expected to reach USD 8.26 billion by 2028 registering a CAGR of 12.8%, according to a new report by Grand View Research, Inc. The rising incidence of Hospital Acquired Infections (HAIs) and increasing number of surgical procedures are the key driving factors for the market growth. The recent outbreak of Covid-19 is also anticipated to have a significant impact on market growth.

The global pandemic has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns, antiseptics, and disinfectant products. Covid-19 is a zoonotic virus and bats were considered to be the key reservoir of the virus. The intermediate host has not been identified yet and transmission has mainly taken place through fomites & droplets during close unprotected contact between infector & infected. Till now airborne transmission of the virus has not been reported. Thus, increasing hospital admissions across the globe have increased the demand for hospital gowns.

The WHO has appealed to industries and governments to increase the manufacturing of Personal Protective Equipment (PPE), including hospital gowns, gloves, medical masks, face shields, aprons, respirators, and goggles, by 40% to meet the increasing global demand. It also reported that the rise in demand for these accessories has increased their prices to a major extent. For instance, the price of surgical masks has increased six-fold and the price of hospital gowns has increased two-fold.

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Hospital Gowns Market Report Highlights

• In terms of revenue, the surgical gowns segment held the largest share in 2020 owing to the rising incidents of chronic diseases and increasing number of surgical procedures
• The reusable gowns segment is anticipated to witness the fastest growth over the forecast period owing to the increasing cases of Covid-19
• The high-risk hospital gowns segment held the largest share in 2020 owing to the increased demand across the globe
• Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to the increasing cases of diabetic foot ulcers and rising number of surgical procedures

Hospital Gowns Market Segmentation

Grand View Research has segmented the global hospital gowns market on the basis of type, usability, risk type, and region:

Hospital Gowns Type Outlook (Revenue, USD Million, 2016 - 2028)

• Surgical
• Non-surgical
• Patient

Hospital Gowns Usability Outlook (Revenue, USD Million, 2016 - 2028)

• Disposable Gowns
  • Low
  • Average
  • Premium
• Reusable Gowns
  • Low
  • Average
  • Premium

Hospital Gowns Risk Type Outlook (Revenue, USD Million, 2016 - 2028)

• Minimal
• Low
• Moderate
• High

Hospital Gowns Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of Hospital Gowns Market

• Medline Industries, Inc.
• Standard Textile Co., Inc.
• Angelica
• AmeriPride Services, Inc.
• 3M
• Cardinal Health

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Blood Glucose Monitoring Devices Market Insights Business Opportunities, Current Trends And Forecast 2028

 Blood Glucose Monitoring Devices Market Growth & Trends

The global blood glucose monitoring devices market size is expected to reach 19.6 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. The market growth is propelled by the rising diabetes prevalence worldwide and increasing geriatric population. Moreover, rising awareness about diabetes preventive care and new product launches are expected to boost market growth.

Blood glucose monitoring (BGM) devices are used to measure blood glucose levels in diabetes patients. These devices help in analyzing glucose level pattern as it provides continuous and real-time blood sugar reading. It also helps patients to decide the amount of food intake and dosage of insulin. Furthermore, factors such as sedentary lifestyle, consumption of junk food and alcohol, smoking, and surge in the need for safer and faster diagnosis are propelling the market growth.

Obesity is also one of the major factors in propelling the prevalence of diabetes. According to the WHO, over 650 million people were obese in 2016 and this number is expected to grow further during the forecast period. Additionally, the market is expected to witness a high growth rate during the forecast period due to the continuous efforts for diabetes control by government and healthcare organizations, such as the International Diabetes Federation (IDF). Such organizations provide the required expertise and support diabetes awareness campaigns through a network of stakeholders and partners. Moreover, increasing health care funding is anticipated to propel the market growth.

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Blood Glucose Monitoring Devices Market Report Highlights

• North America held the largest market share in 2020 owing to favorable reimbursement policies, local presence of key players, and supportive government initiatives
• Based on product, the self-monitoring devices segment held the largest market share in 2020 and is expected to grow at a significant pace over the forecast period. The testing strips segment of self-monitoring devices held the largest share of more than 40.0% in 2020 and is projected to grow at a healthy CAGR over the forecast period
• The continuous blood glucose monitoring devices segment is expected to be the fastest-growing segment during the forecast period
• By end-use, the home care segment is expected to grow at a rapid pace during the forecast period

Blood Glucose Monitoring Devices Market Segmentation

Grand View Research has segmented the global blood glucose monitoring devices market on the basis of product, end-use, and region:

Blood Glucose Monitoring Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

• Self-monitoring Devices
  • Blood Glucose Meter
  • Testing Strips
  • Lancets
• Continuous Blood Glucose Monitoring Devices
  • Sensors
  • Transmitter & Receiver
  • Insulin Pumps

Blood Glucose Monitoring Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Home Care
• Diagnostic Centers

Blood Glucose Monitoring Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • Ukraine
  • Belarus
  • Turkey
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Kazakhstan
  • Uzbekistan
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Blood Glucose Monitoring Devices Market

• Abbott Laboratories
• Medtronic plc
• Hoffmann-La Roche Ltd.
• Bayer AG
• Lifescan, Inc.
• Dexcom, Inc.
• Sanofi
• Elly Lilly and Company
• B Braun Melsungen AG

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Specialty Gas Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Specialty Gas Market Growth & Trends

The global specialty gas market size is expected to reach USD 14.2 billion by 2027, registering a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to be positively influenced by growing demand from the manufacturing, electronics, and healthcare sector.

Specialty gases possess the potential to be extensively used in numerous end-use industries such as electronics and institutional research sector. Various types of specialty gases are manufactured from raw materials such as natural, atmospheric, and air derived gases. However, the manufacturing process requires continuous monitoring and special-purpose machinery, which makes it cost-intensive.

Utilization of improved medical technologies and increasing government expenditure on the healthcare industry is accelerating the applicability rate of specialty gases in various medical devices such as magnetic resonance imaging (MRI), nuclear magnetic resource imaging (NMRI), and ophthalmology.

Growing end-user industries, increasing demand for photovoltaic products, and plasma panel displays is touted to aid the market growth further. Manufacturing and healthcare companies are continuously investing in research and development operations to introduce advanced solutions for increasing scope of application and equipment efficiency.

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Specialty Gas Market Report Highlights

• Carbon gases was the largest product segment capturing around 27% of the market share in 2019 due to growing demand from various end-use industries such as chemical, oil, and food and beverages
• The healthcare segment occupied the largest share in 2019 on account of its extensive use in devices such as NMRI, MRI, and ophthalmology
• Asia Pacific is anticipated to be the largest regional segment in 2027 accounting for USD 6.4 billion owing to presence of numerous end-use industries such as healthcare, electronics, manufacturing, and pharmaceutical
• Key players include Linde plc; Air Liquide International S.A.; Messer Group GmbH; Air Products and Chemicals, Inc.; Weldstar, Inc.; Mesa Specialty Gases & Equipment; Norco Inc.; Taiyo Nippon Sanso Corporation; and Showa Denko K.K.
• Research & development activities, new product launches, and technological collaborations are some of the strategic initiatives taken up by leading companies in the market.

Specialty Gas Market Segmentation

Grand View Research has segmented the global specialty gas market on the basis of product, application, and region:

Specialty Gas Product Outlook (Revenue, USD Million, 2016 - 2027)

• Ultra-high Purity
• Noble
• Carbon
• Halogen
• Other

Specialty Gas Application Outlook (Revenue, USD Million, 2016 - 2027)

• Manufacturing
• Electronics
• Healthcare
• Institutional
• Other

Specialty Gas Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Gas Pipeline Infrastructure Market Set to Record Exponential Growth by 2027: Grand View Research Inc.

 Gas Pipeline Infrastructure Market Growth & Trends

The global gas pipeline infrastructure market size is expected to reach USD 3,228.3 billion by 2027, expanding at a revenue/volume based CAGR of 3.4% over the forecast period, according to a new report by Grand View Research, Inc. Rising natural gas imports along with growing investments in infrastructure and network expansion are likely to strengthen the market demand.

The market is primarily driven by replacement of existing pipeline infrastructure owing to requirement for enhanced safety and emergency response planning. In addition, network expansion across several regions will further provide a major boost to the market growth. For instance, Gazprom invested RUB 5.9 billion on infrastructure expansion in the Sakhalin Region, constructing nine inter-settlement gas pipelines in between 2008-2018.

Technological advancements including smart pipeline pigs, advanced control systems, remotely operated automatic valves, and penetration of IoT integrated devices are likely to enhance the industry outlook. However, increasing gap between demand and supply of skilled manpower is expected to lead to cost overrun and project delays, thereby hampering the market growth.

The companies follow cost-of-service approach to charge transportation tariff from shippers utilizing their assets to transport gas and other liquids. The tolls are designed to allow the industry participants recover capital and operating costs, service debts, and provide a return to its investors. Higher return on investment is expected to positively influence the market growth. Industry participants are further adopting several strategic initiatives to enhance their foothold over the market. For instance, in December 2019, Pembina Pipeline Corporation announced acquisition of Kinder Morgan Canada Limited and U.S. portion of the Cochin pipeline.

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Gas Pipeline Infrastructure Market Report Highlights

• Gathering pipeline is the fastest growing segment, expanding at a revenue-based CAGR of 3.3% over the forecast period owing to the discovery of new reserves across several regions such as U.S. and China with gathering pipelines transporting gas from the production source to another facility for further refinement or transmission
• Distribution pipeline accumulated the largest revenue share in the operation segment with USD 1,693.78 billion in 2019 owing to growing demand for natural gas in end-use sectors including residential/ commercial segment, gas power plants, and industrial/ manufacturing facilities
• The transmission pipeline segment registered a revenue-based CAGR of 3.2% over the forecast period owing to rising gas pipeline imports and exports all across the world
• The metering station segment is anticipated to attain a significant value of USD 1,856.61 billion by 2027 owing to the requirement for accurate measurements in fiscal metering and custody transfer transactions
• Asia Pacific market is anticipated to witness fastest expansion with a revenue-based CAGR of 3.7% over the forecast period. Rising natural gas consumption in the emerging economies and growing reliance on imports from other regions is positively influencing the market growth in Asia Pacific
• Some of the significant industry participants are Enbridge, Gazprom, TC Energy Corporation, Kinder Morgan, Pembina Pipeline Corporation, Saipem, Engas, Alliance Pipeline, National Oilwell Varco, ChelPipe, and Europipe GmBH.

Gas Pipeline Infrastructure Market Segmentation

Grand View Research has segmented the global gas pipeline infrastructure market on the basis of operation, application, and region:

Gas Pipeline Infrastructure Operation Outlook (Volume, ‘000 Kms; Revenue, USD Billion, 2016 - 2027)

• Gathering
• Transmission
• Distribution

Gas Pipeline Infrastructure Application Outlook (Revenue, USD Billion, 2016 - 2027)

• Compressor Station
• Metering Station

Gas Pipeline Infrastructure Regional Outlook (Volume, ‘000 Kms; Revenue, USD Billion, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • Russia
• Asia Pacific
  • China
  • India
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East and Africa
  • Saudi Arabia
  • Qatar

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Attractive Market Opportunities in the Waste Heat Recovery System Market by 2027: Grand View Research Inc.

 Waste Heat Recovery System Market Growth & Trends

The global waste heat recovery system market size is expected to reach USD 107.0 billion by 2027 registering a CAGR of 8.8%, according to a new report by Grand View Research, Inc. Rising energy costs and stringent regulations concerning energy efficiency are expected to drive the global market.

Growing demand from major end-use industries, such as cement and metal production, is projected to drive the waste heat recovery system (WHRS) market. Furthermore, rising investments in emerging economies coupled with rapid developments in the construction sector are boosting the growth of this market.

Asia Pacific is expected to progress at the highest CAGR during the forecast period due to ongoing innovations in the field of industrialization. Recent years have witnessed rising demand for consistent and continuous electricity across the globe underpinned by strict emission standards, thereby encouraging product penetration. In addition, rising popularity of food processing units in conjunction with decreasing costs of low-temperature heat consumption is expected to offer a growth prospect.

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Waste Heat Recovery System Market Report Highlights:

• The market revenue was valued at USD 54.33 billion in 2019 and is estimated to register a CARG of 8.8% over the projected period
• APAC is projected to register the fastest CAGR over the forecast period. China is expected to account for the maximum share in the regional market
• North America is projected to be the largest regional market with U.S. accounting for the major share
• Some of the key companies in the market include General Electric (GE); Siemens AG; Mitsubishi Hitachi Power Systems; Ormat Technologies; ABB Ltd.; Amec Foster Wheeler; Baker Hughes (a GE company); M.E. ENERGY Pvt. Ltd.; and Thermax Ltd.

Waste Heat Recovery System Market Segmentation

Grand View Research has segmented the global waste heat recovery system market on the basis of application, end user, and region:

WHRS Application Outlook (Revenue, USD Billion, 2016 - 2027)

• Pre-heating
• Power & Steam Generation
• Others

WHRS End-User Outlook (Revenue, USD Billion, 2016 - 2027)

• Petroleum Refinery
• Cement
• Chemical
• Power
• Paper & Pulp
• Metal Production
• Other

WHRS Regional Outlook (Revenue, USD Billion, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• MEA
  • Saudi Arabia
  • UAE
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Impact of Existing and Emerging Magnesium Alloys Market Trends And Forecast 2020-2027: Grand View Research Inc.

 Magnesium Alloys Market Growth & Trends

The global magnesium alloys market size is expected to reach USD 6.62 billion by 2027 registering a CAGR of 9.9%, according to a new report by Grand View Research, Inc. Increasing magnesium content per vehicle is projected to drive the demand of magnesium alloys products over the next forecast period.

Auto manufacturers are now shifting to lightweight materials, such as magnesium, aluminum, and composite materials, to reduce the emissions from vehicles. Rising preference for fuel-efficient vehicles is projected to boost the usage of such lightweight materials, thereby augmenting the product demand.

In terms of mass, magnesium is the lightest metallic material used in the die casting process. Magnesium alloys have 30% lesser density than aluminum, which boosts their usage in vehicles and aerospace applications. Also, as compared to aluminum and steel, these components can save nearly 25 to 40% and 55% of weights respectively.

Aerospace & defense sector is projected to provide numerous growth opportunities for the market as the product is widely used in airplane structures. China is a key producer of magnesium and accounted for more than 80% of the production in 2018, as per data published by the United States of Geological Survey. However, recent outbreak of coronavirus disease (COVID-19) is projected to hinder market growth in the country.

Numerous companies and research institutes are investing in R&D for the development of advanced products. This is likely to have a positive impact on the market growth. For instance, in July 2019, Monash University found a technique that can be useful in producing lightweight and stronger alloys for automotive and aircraft applications.

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Magnesium Alloys Market Report Highlights

• The automotive & transportation was the largest application segment in 2019 and is likely to expand further at the fastest CAGR during the forecast period
• The growth of the segment is attributed to incessant production of vehicles and increasing magnesium content per vehicle
• Asia Pacific held the highest volume share in 2019 and is projected to maintain its position during the forecast period
• Rapid expansion of the automotive sector and increasing demand for electric vehicles (EVs) are anticipated to remain key drivers for the regional market
• Key vendors in the global market are Magontec Ltd.; Magnesium Elektron Ltd.; Ka Shui International Holdings Ltd.

Magnesium Alloys Market Segmentation

Grand View Research has segmented the global magnesium alloys market on the basis of application and region:

Magnesium Alloys Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Automotive & Transportation
• Aerospace & Defense
• Electronics
• Others

Magnesium Alloys Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa
  • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Oleochemicals Market Will Target Emerging Markets By 2027

 Oleochemicals Market Growth & Trends

The global oleochemicals market size is anticipated to reach USD 31.4 billion by 2027 registering a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Oleochemicals are the products derived from fats and oils. They can be produced from natural sources, such as plant oils and animal fats, as well as fossil fuel sources, such as petrochemicals.

Rising crude oil prices have resulted in a significant shift toward the utilization of vegetable oils, such as palm and palm kernel oil, as a primary feedstock for oleochemical production. In 2016, around 8% of the total palm oil volume and 70% of the total palm kernel oil volume were consumed for the production of oleochemicals. Easy availability of raw materials and minor toxicity levels and green image of the products are some of the key factors driving the market growth.

Some of the significant oleochemical products include glycerol, fatty alcohols, fatty acid methyl esters, and fatty acids. These basic oleochemicals are used to produce intermediate chemicals, such as sugar esters, structured triacylglycerol (TAG), diacylglycerol (DAG), monoacylglycerol (MAG), quaternary ammonium salts, alcohol ether sulfates, alcohol sulfates, and alcohol ethoxylates.

Fatty acids represent one of the largest product applications as they are widely used in numerous industries including pharmaceutical, food, lubricants, and paints & coatings. Major chemical manufacturers have increased their expenditure on sustainable development in line with responsible care initiatives. This includes the removal of hazardous chemicals, which encouraged a shift in trend towards renewable and biodegradable products.

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Oleochemicals Market Report Highlights

• Glycerol is estimated to be the fastest-growing product segment due to increasing demand for technical-grade refined glycerin in the manufacturing of metalworking fluids, adhesives & sealants, polyols, agrochemicals, oilfield chemicals, and solvents
• In 2019, Linoleic (C18:2) acid emerged as the largest fatty acid product segment, both in terms of volume and revenue owing to the high product demand in the production of dietary supplements, paints & varnishes, food flavoring agents, and surfactants
• Soaps & detergents is projected to be the leading application segment, both in terms of volume and revenue
• The growth in this segment can be attributed to increasing product demand from industrial & institutional cleaning and textile sectors

Oleochemicals Market Segmentation

Grand View Research has segmented the global oleochemicals market on the basis of product and region:

Oleochemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Fatty Acids
  • Fatty Acids, By Product
    • C6
    • C8
    • C8-10
    • C10
    • C12
    • C12-14
    • C14
    • C16
    • C18:0
    • C18:1
    • C18:2
    • C18:3
    • Other
  • Fatty Acids, By Application
    • Soaps & Detergents
    • Intermediates
    • Plastics
    • Rubber
    • Paper
    • Lubricants & Greases
    • Personal Care
    • Other
  • Fatty Alcohols
    • Fatty Alcohols, By Product
      • C6-C10
      • C11-C14
      • C15-C22
      • Other
    • Fatty Alcohols, By Application
      • Soaps & Detergents
      • Personal Care
      • Lubricants
      • Amines
      • Other
    • Glycerol
      • Glycerol, By Product
        • Crude
        • Refined
      • Glycerol, By Application
        • Personal Care & Pharmaceuticals
        • Alkyd Resins
        • Polyether Polyols
        • Foods & Beverages
        • Tobacco Humectants
        • Others

Oleochemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • The Netherlands
  • Belgium
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • Indonesia
  • Philippines
• Middle East & Africa
• Central and South America
  • Brazil
  • Argentina
  • Colombia
  • Ecuador
  • Chile

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Specialty Oleochemicals Market Key Players ,Industry Share ,Growth, And Forecast To 2027: Grand View Research Inc.

 Specialty Oleochemicals Market Growth & Trends

The global specialty oleochemicals market size is projected to reach USD 36.2 billion by 2027, expanding at a revenue-based CAGR of 7.7%, according to a new report by Grand View Research, Inc. The fluctuating petrochemical price is one of the major factors driving the shift in the trend toward sustainable chemicals.

The consumption of specialty oleochemicals is expected to rise significantly in the coming years as a consequence of increasing demand for food, pharmaceutical, and personal care products. The demand for personal care products has witnessed growth due to an increase in disposable income, product innovation, and high market penetration in the last few years.

The growing need for biodegradable products, along with the implementation of stringent regulations on the use of petrochemicals, is anticipated to affect the market positively over the forecast period. The volatility of essential oil prices and increasing concerns regarding food security in many developing nations have raised the threat of using vegetable oil for industrial purposes.

In the past few years, the industry has witnessed various changes in manufacturing technologies and product offerings. For instance, KLK Oleo offers palmfonate, which is used as a cleaning ingredient in laundry detergents. Palmfonate is made from renewable natural resources and provides superior detergency, excellent biodegradability, and enhanced calcium hardness tolerance during the washing process.

The industry is highly competitive in nature, owing to the presence of a large number of industry participants. However, the market for specialty oleochemicals is still in its growing phase. Increasing product awareness to broaden the market prospects is expected to be one of the major trends among industry participants.

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Specialty Oleochemicals Market Report Highlights

• In 2019, Asia Pacific emerged as the fastest-growing region in the specialty oleochemicals industry across the globe
• In 2019, specialty esters emerged as the prominent product segment with a market share of over 30.0%, in terms of value
• In countries including India and China, the specialty oleochemicals market is likely to witness a remarkable growth owing to growth of the personal care and cosmetics sector
• Preference for bio-based ingredients over petrochemicals is observed to be high in the regions such as North America and Europe owing to stringent regulations
• The industry is competitive in nature, with the presence of major players such as Emery Oleochemicals; Vantage Specialty Chemicals, Inc.; KLK Oleo; Oleon NV; and Wilmar International Ltd.

Specialty Oleochemicals Market Segmentation

Grand View Research has segmented the global specialty oleochemicals market on the basis of product, application, and region:

Specialty Oleochemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Specialty Esters
• Fatty Acid Methyl Esters
• Glycerol Esters
• Alkoxylates
• Fatty Amines
• Others

Specialty Oleochemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Personal Care & Cosmetics
• Consumer Goods
• Food Processing
• Textiles
• Paints & Inks
• Industrial
• Healthcare & Pharmaceuticals
• Polymer & Plastics Additives
• Others

Specialty Oleochemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Switzerland
  • Poland
  • Sweden
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Malaysia
  • Singapore
  • Indonesia
  • Taiwan
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Biogas Market Expected To Trigger A Revenue To USD 78.3 Billion By 2027

 The global biogas market size is anticipated to reach USD 78.3 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.48% during the forecast period. Increasing global demand for renewable energy coupled with environment friendly emission levels along with the rising demand for electricity generated from biogas plants will drive the market.

The industrial segment is anticipated to witness growth on account of surging demand for waste treatment techniques that will further enhance the industry outlook. Initiatives taken by the government will be a strong driving factor for the market growth. Extensive presentation for strict environmental laws to restrain greenhouse gas emissions will keenly promote the use of biogas across various segments.

Preference for cleaner and greener fuel to generate electricity led various countries to adopt biogas as a fuel and further utilize biogas for mass production. Agricultural waste is subjected to hold the major share across the regions.

Asia Pacific is projected to observe robust growth during the forecast period, on account of rising acceptance of renewable energy sources coupled with rising demand to generate electricity with reduced carbon emission levels. In China, there are significant potential to expand biogas production as biogas produced by the centralized plants in China, transport gas using pipeline to the household areas for cooking purpose.

U.K., France, Germany, China, Japan, and India are some of the prominent countries in Europe and Asia Pacific market for biogas. In North America, U.S. is projected to hold maximum market share owing to the suitable government policies and rapid advancements in application segment. Central and South American countries like Brazil and Argentina are anticipated to witness a substantial growth opportunities to boost the growth of biogas market in the forthcoming years.

Few of the noticeable players operating in market are PlanET Biogas Global GmbH; Scandinavian Biogas; Ameresco, Inc.; Biofrigas Sweden AB; EnviTec Biogas AG; Air Liquide; and Wärtsilä.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/biogas-market

Further key findings from the report suggest:

• Asia Pacific is projected to expand at a substantial CAGR throughout the forecast period with China accounting for the maximum regional market share
• In terms of source, agriculture segment was valued at over USD 1.8 billion till 2019
• Some of the significant market participants include Beijing Sanyi Green Energy Development Co., Ltd., Agrinz Technologies GmbH, Quadrogen, Biofuel USA Corporation, and SP Renewable Energy Sources Pvt. Ltd.

Grand View Research has segmented the global biogas market on the basis of source, application, and region:

Biogas Source Outlook (Revenue, USD Billion, 2016 - 2027)

• Agricultural
• Municipal
• Industrial

Biogas Application Outlook (Revenue, USD Billion, 2016 - 2027)

• Heat
• Electricity
• Vehicle Fuel
• Others

Biogas Regional Outlook (Revenue, USD Billion, 2016 - 2027)

• North America
  • US.
  • Canada
• Europe
  • France
  • Germany
  • UK.
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.