Wednesday, 7 April 2021

Intravenous Solutions Market is Expected to Reach a Value of $18.9 Billion by 2028

 

IV Solutions Market Growth & Trends

The global intravenous solutions market size is expected to reach USD 18.9 billion by 2028 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2028. The growing incidence rate of chronic diseases such as cancer, increase in the number of premature births, and shortage of I.V. solutions in the U.S. are some of the key factors expected to drive the market.

One of the prime areas wherein intravenous (IV) fluids find usage is severe dehydration. Severe dehydration is seen in diseases such as diarrhea, resulting in the depletion of fluids from the body. According to the WHO, in 2017, diarrhea was the second leading cause of death in children under 5 years of age with around 5,25,000 lives lost each year. Intravenous (IV) fluids can play a key role in the treatment and prevention of deaths caused due to the dehydration/fluid loss associated with diarrhea. Other cases where intravenous fluids find application include surgeries and emergency situations.

The ongoing COVID-19 pandemic is expected to have a positive impact on the market. Intensive Care Units (ICU) worldwide are either operating at full capacity or are overcrowded due to the high influx of patients infected with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). As per an article published by BBC, in January 2021, critical care wards across England were running in full capacity. Nutritional care is one of the essential elements in managing these patients. This has increased the demand for intravenous (IV) fluids, as many of the patients, especially the elderly population are placed on ventilators and are unable to consume food orally.

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IV Solutions Market Report Highlights

  • The Total Parenteral Nutrition (TPN) segment led the segment in terms of revenue share in 2020 owing to its growing applications in the management of chronic diseases
  • The increasing number of surgeries and post-operative nutritional management is a prime factor driving the vitamins and minerals (salt and electrolyte) segment’s growth
  • North America dominated the market with a revenue share of nearly 40.8% in 2020 due to the high usage of IV fluids in the U.S.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-intravenous-iv-solutions-market

IV Solutions Market Segmentation

Grand View Research has segmented the global IV solutions market based on type, nutrients, and region:

Intravenous Solutions Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Total Parenteral Nutrition (TPN)
  • Peripheral Parenteral Nutrition (PPN)

Intravenous Solutions Nutrients Outlook (Revenue, USD Million, 2016 - 2028)

  • Carbohydrates
  • Single Dose Amino Acid Solution
  • Vitamins & Minerals (Salt and electrolyte)
  • Parenteral Lipid Emulsion
  • Others

Intravenous Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Russia
    • Switzerland
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa

List of Key Players of IV Solutions Market

  • Hospira
  • Terumo Corporation
  • Braun Melsungen AG
  • Fresenius Kabi
  • Baxter

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.

U.S. Packaged Food Market to Register Steadfast CAGR of 4.1% from 2021 to 2028

 

U.S. Packaged Food Market Growth & Trends

The U.S. packaged food market size is expected to reach USD 1,376.00 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.1% from 2021 to 2028. The increasing product innovation, innovative packaging, changing lifestyle, rising number of dual-income families, and hectic schedules of consumers have boosted the demand for packaged foods in the U.S. Moreover, the growing trend of plant-based and organic foods is driving the market. With the rising health consciousness, consumers are gradually shifting toward healthy food and drink alternatives. As a result, food products with low-calorie, low-fat, gluten-free, sugar-free, and organic claims gain traction among consumers.

The beverages product segment accounted for the largest share of over 20.0% in 2020, followed by the dairy products segment. Healthy drinks made with natural ingredients and less sugar are gaining traction among consumers. Furthermore, increasing demand for functional beverages is fueling the growth of this product segment. Milk, butter, and cheese have wide application in the daily lives of consumers in the U.S. In addition, lately, yogurt and yogurt drinks are gaining significant popularity across the nation.

The market is highly competitive with a large number of well-established companies across the country. Consumers have been preferring companies that are known for prioritizing sustainable production and environment-friendly packaging. As a result, several companies are focusing on sustainable packaging and a transparent supply chain. For instance, in January 2020, Nestlé announced to invest up to USD 2.12 billion in advanced sustainable packaging solutions to shift to food-grade recycled plastics from virgin plastics. The company has committed to making 100% of its packaging reusable or recyclable by 2025.

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U.S. Packaged Food Market Report Highlights

  • By product, the beverages segment held the largest share of more than 20.0% in 2020. The strong popularity of such products among consumers as healthy drinks is expected to remain a favorable factor for the segment growth over the next few years
  • The ready-to-eat meals product segment is expected to register the fastest CAGR of 5.7% from 2021 to 2028 owing to the busy lifestyle and hectic work schedule of the consumers
  • In terms of distribution channel, the supermarkets and hypermarkets segment dominated the market by accounting for over 65.0% share in 2020. Over the past few years, consumers are preferring these distribution channels owing to the availability of a wide range of products and significant price discounts offered in these stores

Access Press Release@ https://www.grandviewresearch.com/press-release/us-packaged-food-market-analysis

U.S. Packaged Food Market Segmentation

Grand View Research has segmented the U.S. packaged food market on the basis of product and distribution channel:

U.S. Packaged Food Product Outlook (Revenue, USD Billion, 2016 - 2028)

  • Others
  • Ice Creams & Frozen Novelties
  • Rice, Pasta, & Noodles
  • Processed Meats
  • Breakfast Cereals
  • Ready-to-Eat Meals
  • Sauces, Dressings, & Condiments
  • Beverages
  • Snacks & Nutritional Bars
  • Dairy Products
  • Bakery & Confectionery Products

U.S. Packaged Food Distribution Channel Outlook (Revenue, USD Billion, 2016 - 2028)

  • Supermarkets & Hypermarkets
  • Convenience Store
  • Online
  • Others

List of Key Players of U.S. Packaged Food Market

  • Nestlé S.A.
  • The Coca-Cola Company
  • PepsiCo
  • Tyson Foods, Inc.
  • Mars, Incorporated
  • Cargill, Incorporated
  • The Kraft Heinz Company
  • General Mills Inc.
  • Conagra Brands, Inc.
  • Kellogg Co.

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.

Tuesday, 6 April 2021

Americas Structural Insulated Panel Market to Witness Tremendous Growth and Expansion by 2028

 Americas Structural Insulated Panel Market Growth & Trends

The Americas structural insulated panel market size is expected to reach USD 4.27 billion by 2028 registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. Favorable regulations and rising adoption of various green building standards are some of the key factors driving the market growth. Rising spending in the construction sector in North America due to the increasing government initiatives for the modernization of the infrastructure and energy-efficient homes and the rising number of green buildings in the U.S. and Canada is projected to drive the product demand.

Many market players are engaged in manufacturing and supplying raw materials and creating strong competition, affecting the overall pricing of the structural insulated panels (SIPs). The presence of several raw material manufacturers in the market results in low prices of these materials. Some of the key companies are also engaged in installation through their network of certified contractors and installers. Investments, new product development, and regional expansion are the key strategies adopted by the market players to strengthen their industry position. However, fluctuations in raw material prices and the adverse impact of the Covid-19 pandemic are expected to emerge as key concerns for the industry participants.

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Americas Structural Insulated Panel Market Report Highlights

  • The Expanded Polystyrene (EPS) segment is expected to account for the highest revenue share by 2028 growing at a CAGR of 7.6% from 2021 to 2028
  • This growth can be attributed to the properties and high penetration of EPS in residential and non-residential applications
  • The walls & floors segment dominated the market in 2020 and is expected to account for the maximum market share by 2028 registering the fastest CAGR during the forecast period
  • This growth is credited to the extensive product usage in the walls & floors segment due to its desired energy efficiency, high durability, and convenient installation
  • North America is estimated to witness the maximum as well as the fastest growth, in terms of revenue, over the forecast period
  • Factors, such as increased product demand from the residential sector, presence of extensively developed cold chainand logistics industry, and favorable government initiatives to develop social infrastructure drive the market growth in North America
  • The U.S. dominated the North America regional market in 2020, in terms of volume, on account of rapid growth in the construction sector and increasing awareness regarding sustainable construction favored by government policies, such as the Federal Energy Policy Act 2005
  • Major players are investing in research and development activities and continuously launching new products in the market for business expansion

Access Press Release@ https://www.grandviewresearch.com/press-release/americas-structural-insulated-panels-market-analysis

Americas Structural Insulated Panel Market Segmentation

Grand View Research has segmented the Americas structural insulated panel market on the basis of product, application, and region:

Americas SIP Product Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

  • Expanded Polystyrene (EPS)
  • Polyurethane
  • Glass Wool
  • Extruded Polystyrene (XPS)

Americas SIP Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

  • Walls & Floors
  • Roofs
  • Cold Storage

Americas SIP Regional Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Central & South America
    • Brazil
    • Argentina
    • Chile
    • Colombia
    • Rest of the CSA

List of Key Players of Americas Structural Insulated Panel (SIP) Market

  • Kingspan Group
  • Metl-Span
  • Owens Corning
  • Metecno Group
  • KPS Global
  • Isopan
  • PFB Corporation
  • All Weather Insulated Panels
  • Green Span Profiles
  • American Insulated Panel Company
  • American Buildings Company
  • Ingreen Systems Corp.

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.

Lubricants Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 Lubricants Market Growth & Trends

The global lubricants market size is expected to reach USD 167.48 billion by 2028, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 3.7% from 2021 to 2028. Growth in demand for biobased lubes, as they are eco-friendly, is estimated to augment the market growth over the coming years. Furthermore, the manufacturers are shifting and expanding their production units in developing nations owing to various factors, such as availability of raw material and reduced costs of infrastructure and labor. This, in turn, is anticipated to boost the market growth over the forecast period.

Typical oil manufacturers use crude oil, CBM, tight oil, and other additives to formulate all types of lubricants. Technological advancements have led to the reduction of combustion engine-based vehicles; and countries, such as Norway and the Netherlands, have imposed strict regulations against the approval of any combustion engine-based vehicles. Major companies, such as Shell, Total, Chevron, ExxonMobil, BP, and Sinopec, have integrated their business operations globally.

Increasing passenger car sales in emerging markets of Asia Pacific and Latin America is expected to be a major factor driving consumer automotive lubricants demand over the forecast period. Growing sales of consumer automotive, such as trucks, buses, and other forms of passenger transport, are expected to drive commercial automotive oil product demand. Economic growth in emerging markets, such as China, India, and Brazil, has led to betterment in public transportation in these regions. This trend is expected to further strengthen commercial automotive lubricant demand.

The Asia Pacific automotive industry is anticipated to witness a high growth rate over the forecast period owing to rapid economic development, mega construction projects, and introduction of various favorable policies by the government, such as 100% FDI and “Smart Cities”. The rapid industrial development and growing demand for high-performance luxurious passenger cars have also attracted heavy investments from international automobile companies.

Companies, such as ExxonMobil & Chevron, are directly involved in the production of lubricants for specific applications, these companies are further involved in supply agreements with major end-users to ensure steady product sales. Companies, such as Total, Shell, Amsoil, and Castrol, have entered into exclusive supply agreements with Tata Motors & Vestas Wind Systems to supply their products.

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Lubricants Market Report Highlights

  • Bio-based lube formulations are widely used since several regulations have been formulated by authorities, such as the EPA, to reduce the vehicular emissions
  • These products have high price fluctuations as they depend on the costs of petroleum products, such as crude oil
  • In terms of volume, the automotive application segment accounted for a prominent share in the market in 2020 and is further expected to witness steady growth over the forecast period
  • Asia Pacific accounted for the highest revenue share in 2020 and will expand further at the fastest CAGR from 2021 to 2028
  • An increasing number of consumers are demanding advanced technological products with superior performance characteristics, which are conducive to market growth
  • Global as well as regional players are developing direct sales channels, especially for the automotive sector, at their local service centers
  • Some companies also participate in annual events of their end-users and showcase their products at discounted prices

Access Press Release@ https://www.grandviewresearch.com/press-release/global-lubricants-market

Lubricants Market Segmentation

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

Lubricants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Industrial
    • Process Oils
    • General Industrial Oils
    • Metalworking Oils
    • Industrial Engine Oils
    • Greases
    • Others
  • Automotive
    • Engine Oil
      • 0W-20
      • 0W-30
      • 0W-40
      • 5W-20
      • 5W-30
      • 5W-40
      • 10W-60
      • 10W-40
      • 15W-40
      • Others
    • Gear Oil
    • Transmission Fluids
    • Brake Fluids
    • Coolants
    • Greases
  • Marine
    • Engine Oil
    • Hydraulic Oil
    • Gear Oil
    • Turbine Oil
    • Greases
    • Others
  • Aerospace
    • Gas Turbine Oil
    • Piston Engine Oil
    • Hydraulic Fluids
    • Others

Lubricants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • Switzerland
    • France
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia

List of Key Players of Lubricants Market

  • ExxonMobil Corp.
  • Pennzoil
  • Quaker Chemical Corp.
  • Royal Dutch Shell Co.
  • JX Nippon Oil & Energy Corp.
  • British Petroleum
  • Lukoil
  • Total S.A
  • Chevron Corp.
  • Philips 66 Company
  • Sinopec Corp.

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.

U.S. Wound Care Centers Market is Projected to Boost USD 18.1 Billion by 2028: Grand View Research Inc.

 U.S. Wound Care Centers Market Growth & Trends

The U.S. wound care centers market size is expected to reach USD 18.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. The increasing awareness regarding the use of Hyperbaric Oxygen Therapy (HBOT), for chronic injuries and the growing geriatric population prone to various conditions, is anticipated to drive the market. According to a report by the U.S. Census Bureau, in June 2020, the geriatric population grew by around 34.2% over the last decade.

The growing incidences of conditions such as foot ulcers, pressure sores, sun radiation sores, caused by diabetes, and disease caused by abnormal blood circulation are expected to fuel the market in the future. The rising prevalence of diabetes is also expected to fuel the market over the next few years. According to the American Diabetes Association, approximately 34.2 million of the population had diabetes in 2018, out of which 14.3 million adults above the age of 65 years suffered from the disease. Patients with diabetes develop slow-healing wounds, that allow injuries to rot easily thus causing various complications such as infection near the tissue or bone.

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U.S. Wound Care Centers Market Report Highlights

  • The Hyperbaric Oxygen Therapy (HBOT) segment dominated the market in 2020 due to its high success rate and growing demand for treating chronic injuries such as diabetic foot ulcers and arterial ulcers
  • As per an article in the American Journal of Managed Care (AMJC), approximately 230 amputations due to diabetes are reported in the U.S., every year
  • The HBOT procedures are expected to witness one of the fastest growth rates during the forecast period due to the increasing awareness about their benefits in injury healing. For instance, in March 2019, Jefferson Wound Care Center included HBOT in its service portfolio to provide better treatment to patients with non-healing injuries
  • The availability of reimbursement and regulatory updates promotes the adoption of wound care treatment. For instance, the CMS included reimbursement for HBOT for treating diabetic injuries in the lower extremities of patients
  • To facilitate wound careduring the COVID-19 pandemic, many injury care providers launched several programs in order to treat the patients remotely. For instance, Healogics, Inc., launched its Telehealth Program, to more than 600 injury care centers and 4,000 associated injury care providers
  • The market for wound care centers in the U.S. is highly competitive in nature

Access Press Release@ https://www.grandviewresearch.com/press-release/us-wound-care-centers-market-analysis

U.S. Wound Care Centers Market Segmentation

Grand View Research has segmented the U.S. wound care centers market on the basis of procedure:

U.S. Wound Care Centers Procedure Outlook (Revenue, USD Million, 2016 - 2028)

  • Debridement
  • Negative pressure wound therapy
  • Compression therapy
  • Hyperbaric oxygen therapy
  • Specialized dressings
  • Infection control and Others

List of Key Players of the U.S. Wound Care Centers Market

  • Baptist Health South Florida
  • TOWER WOUND CARE CENTER
  • SNF Wound Care
  • Wound Care Center NYC
  • WOUND INSTITUTE OF AMERICA
  • EmergeOrtho
  • North Shore Health and Hyperbarics
  • Natchitoches Regional Medical Center
  • Schoolcraft Memorial Hospital
  • Clarion Hospital
  • Healogics, 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.

Tube Packaging Market To Hold a High Potential for Growth by 2028

 

Tube Packaging Market Growth & Trends

The global tube packaging market size is expected to reach USD 16.11 billion by 2028 registering a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand from end-use industries including personal care, cosmetics, and oral care is expected to drive the market growth. Higher consumer awareness about health and wellness is expected to increase the demand for anti-tan, anti-aging, sun blocks, and other creams, which, in turn, is expected to drive the market over the forecast period.

Tube packaging has higher applicability in the healthcare industry owing to its ability to maintain optimal packaging conditions to prolong the shelf life of the packaged products. Thus, the ease of applicability and easy dispensability is expected to contribute to the rising product demand in healthcare applications. Increasing healthcare spending across the globe is expected to drive the pharmaceutical industry. This is expected to augment market growth.

The Covid-19 pandemic is expected to result in economic instability and thus increasing unemployment for the short term. As per the International Monetary Fund (IMF), over 170 countries across the world witnessed a decline in per capita income in 2020. This changing income pattern is expected to affect the demand for luxurious or high-end cosmetic products, which, in turn, will have a negative impact on the market growth. The market is highly competitive and moderately fragmented with the presence of multiple global and regional players. Domestic players are constantly challenging global companies, in terms of product development and innovation.

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Tube Packaging Market Report Highlights

  • The laminated product segment is expected to register the fastest CAGR of 7.0% from 2021 to 2028. Laminated tube is the most preferred form of packaging for premium cosmetics and other premium skincare and pharmaceutical products owing to its ability to combine the benefits of both metal and plasticin one solution
  • North America led the market in 2020 and is projected to retain the dominance over the forecast period owing to the presence of global cosmetics and pharmaceutical product manufacturers
  • Asia Pacific is anticipated to be the fastest-growing regional market from 2021 to 2028 owing to high product demand as a result of increased consumer spending
  • The squeeze and collapsible type segment accounted for the largest share in 2020. The segment will retain its leading position register the fastest CAGR over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-tube-packaging-market

Tube Packaging Market Segmentation

Grand View Research has segmented the global tube packaging market on the basis of tube type, product, application, and region:

Tube Packaging Tube Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Squeeze and Collapsible
  • Twist

Tube Packaging Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Laminated
  • Plastic
  • Aluminum

Tube Packaging Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Personal Care & Oral Care
  • Healthcare
  • Food
  • Consumer Goods
  • Others

Tube Packaging Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Tube Packaging Market

  • Essel Propack Limited
  • VisiPak
  • Sonoco Products Company
  • ALBEA
  • Clariant
  • Montebello Packaging
  • Huhtamaki OYJ
  • Unette Corporation
  • Romaco Group
  • Hoffman Neopac 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.

Plastic Packaging Market to Rear Excessive Growth CAGR of 4.2% throughout 2028

 

Plastic Packaging Market Growth & Trends

The global plastic packaging market size is expected to reach USD 486.2 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 4.2% over the forecast period. The rapid expansion of the food & beverages, personal care, and pharmaceuticals sectors coupled with the rising penetration of organized and e-retail across the world is expected to fuel market growth.

Low-density Polyethylene (LDPE), Polypropylene (PP), High-Density Polyethylene (HDPE), and Polyethylene Terephthalate (PET) are the most widely used materials for the manufacturing of products, such as bottles & jars, trays & containers, wraps & films, and pouches, as they are cost-effective, lightweight and have extensive functionalities and strong barrier properties against moisture. Growing demand for sustainable packing solutions is prompting manufacturers to use recycled plastic resins to make such products.

Globally, the changing lifestyle led to the introduction of single-serve packaging that significantly contributed to the market growth in the past few years. Moreover, advancements in technology, such as the development of modified atmosphere technology (MAP) and airless packaging, and their growing penetration in the food & beverages and personal care industries are likely to boost the growth of the global market.

However, plastic is a non-biodegradable, unsustainable material; thus, its products, specifically single-use packing solutions, are banned across several countries. For instance, on March 11, 2020, the European Union (EU) released its new ‘Circular Economy Action Plan’ intended to promote sustainable packaging in the region. Moreover, growing consumer awareness levels are compelling manufacturers to switch to biodegradable materials, which is expected to hamper the industry growth to some extent.

Asia Pacific emerged as the leading regional market with a revenue share of 43.8% in 2020 and is expected to witness the fastest CAGR from 2021 to 2028. This growth is attributed to the robust growth of manufacturing and e-commerce sectors in several emerging Asian countries, such as India, China, and Thailand. The global market is highly fragmented with the presence of large-scale international companies as well as small- and medium-scale domestic players. Key players are focusing on acquisitions and also increasingly expanding their product portfolios to gain maximum market share.

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Plastic Packaging Market Report Highlights

  • In terms of revenue, the flexible product segment is projected to ascend at the fastest CAGR of 4.5% over the forecast period on account of the growing demand for pouches and bags in the food & beverages sector owing to their low cost and high sustainability
  • The extrusion technology segment accounted for the largest revenue share of over 38% in 2020
  • The segment is estimated to retain the leading position throughout the forecast period as the majority of the flexible packing solutions, such as pouches, bags, and films, are produced with the help of extrusion technology
  • Food & beverages was the largest application segment in 2020 and accounted for more than 51% of the global revenue share
  • Extensive product usage for the packing of raw food products and for final packaged single-serve food packing mainly contributed to the higher share of the food & beverages segment

Access Press Release@ https://www.grandviewresearch.com/press-release/global-plastic-packaging-market

Plastic Packaging Market Segmentation

Grand View Research has segmented the global plastic packaging market on the basis of product, technology, application, and region:

Plastic Packaging Product Outlook (Revenue, USD Billion, 2017 - 2028)

  • Rigid
    • Bottles & Jars
    • Cans
    • Trays & Containers
    • Caps & Closures
    • Others
  • Flexible
    • Wraps & Films
    • Bags
    • Pouches
    • Others

Plastic Packaging Technology Outlook (Revenue, USD Billion, 2017 - 2028)

  • Injection Molding
  • Extrusion
  • Blow Molding
  • Thermoforming
  • Others

Plastic Packaging Application Outlook (Revenue, USD Billion, 2017 - 2028)

  • Food & Beverages
  • Industrial
  • Pharmaceuticals
  • Personal & Household Care
  • Others

Plastic Packaging Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Plastic Packaging Market

  • Amcor plc
  • Sealed Air
  • Coveris
  • Berry Global, Inc.
  • Mondi
  • Sonoco Products Company
  • Winpak Ltd.
  • CCL Industries, Inc.
  • Constantia Flexibles

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.

Flat Glass Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 

Flat Glass Market Growth & Trends

The global flat glass market size is expected to reach USD 352.00 billion by 2028, expanding at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is projected to be driven by increasing construction spending and the need to improve energy efficiency in buildings.

Rising preference for architecture, which increases natural daylight in the house is propelling the consumption of glass in roofs and facades, which is expected to play a key role in boosting the product demand over the coming years. Moreover, growing emphasis on economic recovery by encouraging investments in infrastructural developments is anticipated to drive market growth over the forecast period.

For instance, to substantiate the economic importance of infrastructure, the Department of the Treasury in the U.S. carried out a study of 40 key proposed infrastructure projects. As per this study, the completion or availability of these 40 projects can provide economic benefits of up to USD 500 billion to 1 trillion to the country.

Technological upgrades and product innovation in construction glass applications have positively benefited the market growth in the recent past. However, the market growth was obstructed in 2020 owing to the Covid-19 pandemic resulting in negative sales revenue of key companies. For example, Saint-Gobain’s sales declined by around 6% from Q3 2019 to Q3 2020. The pandemic slowed down the customers’ investment cycles, which affected all the related activities.

The market is anticipated to recover soon with investments across the solar, construction, and automotive industries. The growth in the end-use industries has compelled product manufacturers to expand their production capacities. For instance, in October 2020, Şişecam invested in its production business in Turkey for capacity expansion to cater to the growing demand from the domestic market.

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Flat Glass Market Report Highlights

  • The growing emphasis on the adoption of Electric Vehicles (EVs) is compelling manufacturers to expand their production capacities, which is expected to benefit market growth
  • The tempered product segment held the largest revenue share of over 36.0% in 2020 on account of increased raw material prices along with high demand for these products in electronics and construction-related applications
  • In terms of revenue, the insulated product segment is anticipated to register the fastest growth rate of 3.8% during the forecast period
  • The segment’s fastest growth can be credited to the rising usage of insulated products in residential and non-residential buildings in countries like the U.S.
  • Asia Pacific was the dominant regional market in 2020 and accounted for a volume share of more than 63%
  • The APAC regional market is estimated to expand further at the fastest CAGR from 2021 to 2028 on account of the rapid growth of the manufacturing sector in developing economies like China and India

Access Press Release@ https://www.grandviewresearch.com/press-release/flat-glass-market

Flat Glass Market Segmentation

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

Flat Glass Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

  • Basic
  • Tempered
  • Laminated
  • Insulated
  • Others

Flat Glass Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

  • Architectural
  • Automotive
  • Others

Flat Glass Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Russia
    • Belgium
    • Poland
    • Czech Republic
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Iran
    • South Africa

List of Key Players of Flat Glass Market

  • AGC Inc.
  • Cevital Group
  • Euroglas
  • Guardian Industries
  • Saint-Gobain
  • Şişecam Group
  • Vitro

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 Water & Wastewater Treatment Equipment Market Trends And Forecast by 2028

 

Water And Wastewater Treatment Equipment Market Growth & Trends

The global water and wastewater treatment equipment market size is expected to reach USD 84.12 billion by 2028 registering a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for clean water owing to rapid urbanization and industrialization coupled with infrastructural developments in the water management industry is anticipated to drive the market growth over the forecast period. Wastewater and its discharge sludge contain several valuable resources, including phosphorus, and nitrogen, which can be recovered and reused to preserve threatened resources. Thus, a rising focus on reducing water consumption by reusing wastewater to ensure resource efficiency and support a circular economy is likely to open new avenues for market growth.

Rapid technological developments in the global industry are expected to positively influence short- as well as long-term modifications at water & wastewater management facilities. Market players are increasingly focusing on integrating advanced technologies to develop more efficient and effective solutions for water management, thereby driving the product demand. In addition, the rising environmental concerns along with the need to comply with the stringent government regulations regarding water management across the globe are anticipated to propel the product demand. Increasing investments to treat micropollutants and Per- and Polyfluoroalkyl Substances (PFAS), majorly in Europe and North America, are likely to have a positive impact on the growth of the global market.

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Water And Wastewater Treatment Equipment Market Report Highlights

  • The biological product segment is estimated to register a CAGR of 4.0% from 2021 to 2028 on account of the stringent regulations coupled with the increasing demand for high-quality solutions for wastewater management
  • The segment of secondary process accounted for a revenue share of 37% in 2020 owing to the high adoption of advanced wastewater management technologies, such as Moving Bed Biofilm Reactors (MBBR) and Integrated Fixed-Film Activated Sludge (IFAS)
  • The product demand in the industrial application segment is anticipated to ascend at the fastest CAGR of 4.1% from 2021 to 2028
  • This growth can be attributed to the rapid industrialization, particularly in developing countries, coupled with stringent regulations pertaining to effluent discharge from industries
  • Major companies have undertaken several business strategies, such as mergers, acquisitions, and R&D, to strengthen their presence in the global market
  • For instance, in February 2020, Veolia Water Technologies, U.K. completed the acquisition of Biochemica Water Ltd.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-water-and-wastewater-treatment-equipment-market

Water And Wastewater Treatment Equipment Market Segmentation

Grand View Research has segmented the global water & wastewater treatment equipment market on the basis of equipment, process, application, and region:

Water And Wastewater Treatment Equipment Outlook (Revenue, USD Billion, 2017 - 2028)

  • Membrane Separation
  • Biological
  • Disinfection
  • Sludge Treatment
  • Others

Water And Wastewater Treatment Equipment Process Outlook (Revenue, USD Billion, 2017 - 2028)

  • Primary
  • Secondary
  • Tertiary

Water And Wastewater Treatment Equipment Application Outlook (Revenue, USD Billion, 2017 - 2028)

  • Municipal
  • Industrial

Water And Wastewater Treatment Equipment Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Water And Wastewater Treatment Equipment Market

  • Veolia
  • SUEZ
  • DuPont
  • Pentair plc
  • Xylem, Inc.
  • Aquatech International LLC
  • Ecolab, Inc.
  • Calgon Carbon Corp.

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.

Protein Ingredients Market Size Is Expected To Reach $85.5 Billion By 2028

 

Protein Ingredients Market Growth & Trends

The global protein ingredients market size is expected to reach USD 85.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.

Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.

There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.

The protein ingredients companies have been launching new products to cater to the rising demand among health-conscious consumers. For instance, in October 2018, the company DuPont launched a new protein ingredient (pea protein) under the brand TRUPRO 2000 for use in beverage applications. DuPont introduced the new product to further expand its product offerings and increase its penetration in the beverages industry.

Furthermore, in August 2019, Cargill, Incorporated invested in a U.S.-based company called Puris that is operating in the field of plant-based ingredients. A total sum of USD 75 million was invested to cater to the rising demand for pea protein ingredients in the U.S. market. Many international players are looking to make such investments to capitalize on the growing demand for pea protein. Urbanization, westernization of diets, population growth, expanding middle-class with higher disposable income, increasing frequency of exercise, and rising focus on leading an active and healthy lifestyle in the emerging economies, including China and India, are factors expected to drive the demand for protein ingredients.

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Protein Ingredients Market Report Highlights

  • By product, plant proteins are expected to witness the fastest growth over the forecast period owing to the increased use of protein ingredients in food and beverages. Increasing use of plant proteins in a wide range of applications, including manufacturing of fertilizers, paper coatings, and printing inks, is creating lucrative growth opportunities for the segment
  • Animal/dairy proteins held the largest revenue share of over 70.0% in 2020 owing to the growing adoption of these products in developed markets. Whey protein is expected to witness significant growth over the forecast period as it is largely popular among fitness-savvy consumers
  • North America dominated the market with more than 40.0% share of the global revenue in 2020 owing to the high demand from the U.S. food and beverages sector. Consumer markets developing in Asia Pacific are growing at a high pace due to a rise in disposable income and changing lifestyle, resulting in significant growth of the regional market
  • The Middle East and Africa is expected to exhibit a revenue-based CAGR of 9.6% from 2021 to 2028. This is attributed to supportive government policies as well as improved economic indicators, which have resulted in the increased availability of packaged foods amongst the urban and rural population

Access Press Release@ https://www.grandviewresearch.com/press-release/global-protein-ingredients-market-analysis

Protein Ingredients Market Segmentation

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

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Plant Proteins
    • Cereal-based
    • Legumes-based
    • Root-based
    • Nuts & Seeds-based
    • Ancient Grains
  • Animal/Dairy Proteins
    • Egg Protein
    • Milk Protein Concentrates/Isolates
    • Whey Protein Concentrates
    • Whey Protein Hydrolysates
    • Whey Protein Isolates
    • Gelatin
    • Casein/Caseinates
    • Collagen Peptides
  • Microbe-based Proteins
    • Algae
    • Bacteria
    • Yeast
    • Fungi
  • Insect Protein
    • Coleoptera
    • Lepidoptera
    • Hymenoptera
    • Orthoptera
    • Hemiptera
    • Diptera
    • Others

Protein Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Food & Beverages
    • Bakery & Confectionery
    • Beverages
    • Breakfast Cereals
    • Dairy Alternatives
    • Dietary Supplements/Weight Management
    • Meat Alternatives & Extenders
    • Snacks
    • Sports Nutrition
    • Others
  • Infant Formulations
  • Clinical Nutrition
  • Animal Feed
  • Others

Protein Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa (MEA)

List of Key Players of Protein Ingredients Market

  • DuPont
  • Rousselot
  • Archer Daniels Midland Company
  • Burcon NutraScience
  • Tessenderlo Group
  • Kewpie Corporation
  • Roquette Frères
  • The Scoular Company
  • CHS Inc.
  • Mead Johnson & Company, LLC

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.

Monday, 5 April 2021

Blockchain Technology Market Get Facts About Business Strategies 2021 to 2028

 Blockchain Technology Market Growth & Trends

The global blockchain technology market size is expected to reach USD 394.60 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 82.4% from 2021 to 2028. The growth can be attributed to the increasing number of merchants accepting cryptocurrency. At the same time, the growing interest of financial institutes in blockchain technology is also driving market growth.

High investments in blockchain by leading banks and other financial institutions have led to various advancements in technology, thereby improving efficiency. The technology is anticipated to shape the banking sector by bringing a new age of efficiency. Other factors contributing to the high adoption of the technology include eradication of the need for authenticating transaction processes, reduction of error rates, elimination of reconciliation, and facilitation of faster settlement.

Retail stores are increasingly adopting blockchain technology for seamlessly handling business relations and supply chains. For instance, in October 2019, Walmart started piloting blockchain technology to track shrimp exports from Indian farmers to an overseas retailer. This shrimp supply chain, backed by blockchain technology helped in improving the quality of products for compliance purposes.

The COVID-19 pandemic is anticipated to impact market growth favorably in the near future. Various industries used blockchain technology for improving the supply chain during the COVID-19 pandemic as blockchain technology has the capability of overcoming the challenges faced by the traditional supply chain, such as inefficiency and high cost

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Blockchain Technology Market Report Highlights

  • In terms of type, the public cloud segment is expected to retain its dominance over the forecast period. The growing government tendency to inculcate efficient and open transactions is driving the segment growth
  • In terms of components, the infrastructure and protocol segment dominated the market in 2020 and is expected to witness growth over the forecast period. The growing demand for blockchain protocols such as Hyperledger and Openchain is driving the segment growth
  • In terms of application, the payment segment dominated the market in 2020. The capability of blockchain technology to provide transparency in transactions is driving the segment growth
  • In terms of enterprise size, the large enterprise segment dominated the market in 2020. The rapid adoption of blockchain technology by large enterprises to enable digital services across different business channels is driving the segment growth
  • In terms of end use, the financial services segment dominated the market in 2020. The increasing investment in blockchain technology by finance service providers is driving the segment growth
  • The increasing adoption of blockchain technology in emerging economies such as China and India is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-blockchain-technology-market

Blockchain Technology Market Segmentation

Grand View Research has segmented the global blockchain technology market on the basis of type, component, application, enterprise size, end-use, and region:

Blockchain Technology Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Public
  • Private
  • Hybrid

Blockchain Technology Component Outlook (Revenue, USD Million, 2016 - 2028)

  • Application & Solution
  • Infrastructure & Protocols
  • Middleware

Blockchain Technology Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Digital Identity
  • Exchanges
  • Payments
  • Smart Contracts
  • Supply Chain Management
  • Others

Blockchain Technology Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

  • Large Enterprises
  • Small & Medium Enterprises

Blockchain Technology End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Financial Services
  • Government
  • Healthcare
  • Media & Entertainment
  • Retail
  • Transportation & Logistics
  • Travel
  • Others

Blockchain Technology Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Blockchain Technology Market

  • IBM Corporation
  • Microsoft Corporation
  • Linux Foundation
  • BTL Group Ltd.
  • Chain, Inc.
  • Circle Internet Financial Limited
  • Deloitte Touche Tohmatsu Limited
  • Digital Asset Holdings, LLC
  • Global Arena Holding, Inc. (GAHI)
  • Monax
  • Ripple

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.

Patient Monitoring Accessories Market Poised to Expand at a Robust Pace Over 2033: Grand View Research Inc.

  Patient Monitoring Accessories Market Growth & Trends The global  patient monitoring accessories market  size is estimated to reach US...