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Monday, 6 September 2021

Silicone Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

Silicone Market Growth & Trends

The global silicone market size is anticipated to reach USD 19.7 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 rising demand for lightweight automotive materials to decrease the overall vehicle weight and fuel consumption is likely to drive the market over the forecast period. The rising importance of liquid silicone rubber as Liquid Injection Molding System (LIMS) materials in wire harness for inducing indispensable wiring system is also expected to drive the market. Furthermore, the growing demand for electroactive materials in the electrical industry will fuel market growth.

On the basis of end-use applications, the market is segmented into transportation, electronics, industrial processes, construction, consumer goods and personal care, energy, and healthcare sectors. The electronics segment is expected to witness a CAGR of 5.4% over the projected period. In the electronics industry, silicone is used in the form of greases, fluids, varnishes, rubbers, and oil in a broad range of applications such as for moisture-proofing of boards, modification of semiconductor encapsulating materials, and protecting the ends of heating element wires in Printed Circuit Boards (PCBs), semi-conductors, Electronic Control Units (ECUs), LED devices, and various ICT equipment. This, in turn, is attributed to propel market growth over the forecast period.

Moreover, silicone is biologically inert and is known for bio durability and biocompatibility owing to its inherent thermal and chemical stability, hydrophobicity, low surface tension, and resistance to sterilization methods. These favorable properties of silicone make it ideal for a wide range of healthcare applications. Silicone is majorly used in catheters, drains and shunts, orthopedics, blood-oxygenator, heart-bypass machines, heart valves, components in kidney dialysis, and aesthetic implants.

The rising disposable income of consumers and growing aging population coupled with an increasing number of initiatives taken by governments across the globe to provide basic healthcare facilities to their respective populations, particularly in emerging economies including China and India, is expected to augment the demand for silicone. A rising number of accidents is expected to drive the demand for bandages and cosmetic surgeries, which, in turn, is likely to have a positive impact on market growth.

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Silicone Market Report Highlights

In North America, the market was valued at USD 3.1 billion in 2020 in terms of revenue and is estimated to witness a revenue-based CAGR of 3.9% from 2021 to 2028. The rising use of enhanced technology such as 4K Ultra HD and smart home is estimated to drive the market in the region over the forecast period
The elastomers segment accounted for the prominent revenue share of 41.5% in 2020 and is estimated to maintain its ascendancy over the forecast period owing to rising demand for lightweight automobile vehicles
The fluids segment is the second-largest product segment and is expected to expand at a healthy revenue-based CAGR of 4.2% over the forecast period owing to its properties like low surface tension, shear stability, and excellent thermos-oxidative resistance
Fluctuating raw material prices of methanol is expected to pose a challenge for the market players to achieve economies of scale and profitability

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

Silicone Market Segmentation

Grand View Research has segmented the global silicone market on the basis of product, end-use, and region:

Silicone Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Fluids
- Straight Silicone Fluids
- Modified Silicone Fluids
Gels
Resins
Elastomers
- High-Temperature Vulcanized (HTV)
- Liquid Silicone Rubber (LSR)
- Room Temperature Vulcanized (RTV)
- Others
Adhesives
Emulsions

Silicone End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Electronics
Transportation
Construction
Healthcare
Personal Care and Consumer goods
Energy
Industrial Processes
Others

Silicone Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Silicone Market

Shin-Etsu Chemical Co., Ltd.
Wacker Chemie AG
Evonik Industries AG
Elkay Chemicals Pvt. Ltd.
Supreme Silicones
Dow Inc.
KCC CORPORATION
Elkem ASA
Silchem Inc.
Specialty Silicone Products, 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.

Titanium Dioxide Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

Titanium Dioxide Market Growth & Trends

The global titanium dioxide market size is expected to reach USD 32.41 billion by 2028, registering a CAGR of 8.9% over the forecast period, according to a new report by Grand View Research, Inc. The increasing application scope of the product as specialty coating materials in the automotive industry and photovoltaic systems is slated to drive the growth of the market during the forecast period.

The paints & coatings industry has been witnessing significant growth in recent years, mainly on account of the increasing consumption in key end-use verticals, including construction, automotive, aerospace, and energy & power. The growing product application scope as whitening pigments in paints & coatings is expected to have a positive impact on the titanium dioxide (TiO₂) market growth.

The growing awareness among consumers of emerging economies, such as the BRICS nations, regarding personal hygiene and care has led to considerable growth of the cosmetics industry. The growing consumption of the product as a UV filter and whitening agent in cosmetic goods is expected to drive the overall market during the forecast period.

The plastics vertical is expected to witness the highest growth rate over the forecast period, in terms of revenue. The performance attributes of the product, including weather ability, whiteness, opacity, and lacing resistance, play a major role in the quality and effectiveness of plastic commodities.

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Titanium Dioxide Market Report Highlights

The market is mainly driven by the increasing application scope of the product in the plastics, paints & coatings, and cosmetics industry verticals
The plastics segment accounted for a significant revenue share in 2020 and is expected to witness the highest growth rate of more than 9% over the forecast period
The product demand in paints & coatings applications is expected to grow at a CAGR of 8.3% during the forecast period
Asia Pacific was the largest regional market in 2020 due to the rapid growth of the application industries including paints & coatings, plastics, and cosmetics in key economies of the region
The major industry players are investing heavily in R&D for the introduction of new cost-effective manufacturing techniques
For instance, a joint venture was formed by Cristal and Toho Titanium Company Ltd. in January 2014, to produce titanium sponge at competitive costs and thereby introducing integration across the value chain

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Titanium Dioxide Market Segmentation

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

TiO₂Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

Paints & Coatings
Plastics
Pulp & Paper
Cosmetics
Others

TiO₂Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

North America
- US.
Europe
- Germany
- UK.
Asia Pacific
- China
- India
- Sri Lanka
Latin America
- Brazil
MEA
- UAE

List of Key Players of Titanium Dioxide (TiO₂) Market

Du Pont
Tronox Ltd.
The Chemours Company
NL Industries, Inc.
Huntsman Corp.
Evonik Industries

About Grand View Research

Lactoferrin Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

Lactoferrin Market Growth & Trends

The global lactoferrin market size is projected to reach USD 411.8 million by 2028, registering a revenue-based CAGR of 8.2% over the forecast period, according to a new report published by Grand View Research, Inc. Increasing incorporation of lactoferrin in various products ranges including infant food, food supplements, dietetic foods, alcoholic beverages, sports nutrition, and personal care and cosmetics should bolster lactoferrin market in the forecast timeframe, ascribed to strong health benefits.

Lactoferrin offers stimulating effects on immune system, prevents cell damage caused by aging, promotes culture of beneficial bacterial in the intestinal tract, and regulates viruses, bacteria and fungi along with being regulator to iron metabolism. Lactoferrin is found effective for the treatment of hepatitis C infection by inhibiting replication of the virus at intracellular level. Hence, strong applicability of lactoferrin in nutraceutical, pharmaceutical, and personal care industries is anticipated to drive demand during the forecast period.

Human colostrum has the highest lactoferrin concentration, followed by human milk and then by bovine milk. It is also readily found in human body secretions including nose, eyes, intestine, and respiratory tract. Lactoferrin can be used as a conjuncture of specific strains of friendly bacteria, together they are proven to boost immune function of the body, alert the white blood cells of the harmful microbes, and stabilize colonies of gut-friendly bacteria. Commercially, lactoferrin is commonly integrated with probiotics to achieve this.

Asia Pacific is expected to expand at a CAGR of over 7.5% during the forecast period. The lactoferrin market is projected to witness strong rise in demand, as the key market players continue adopting strategies to expand their presence in untapped economies of South East Asia. Countries including China, Japan, and Australia have experienced high awareness regarding the health benefits of lactoferrin, which is expected to bolster regional growth over the forecast period.

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Lactoferrin Market Report Highlights

In terms of functions offered by lactoferrin, iron absorption segment accounted for the largest market share of over 29.0% in terms of revenue in 2019. This growth is expected to be supported by the growing incidences of iron deficiency and related disorders like anemia
Lactoferrin helps in restricting growth of acne due to its antioxidant properties. It helps combat free radicals formed due to natural process of oxidation. These free radicals can damage the cells and tissues promoting inflammation and acne. Such factors are expected to drive the product demand in personal care and cosmetics
Increasing investment in research, new product development, expansion of operation in developing nations, partnerships and collaboration with local players, and acquisition of small and medium-sized players are among the major operational strategies taken up by key participants to strengthen and sustain their market positions

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Lactoferrin Market Segmentation

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

Lactoferrin Function Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

Iron Absorption
Anti-inflammatory
Intestinal Flora Protection
Antibacterial
Immune Cell Stimulation
Antioxidant

Lactoferrin Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

Food & Beverages
Infant Formula
Sports & Functional Foods
Pharmaceuticals
Personal Care Products
Animal Feed

Lactoferrin Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Lactoferrin Market

Hilmar Cheese Company
Pharming Group NV
FrieslandCampina
Synlait Milk Ltd.
Ingredia SA
MP Biomedicals
Tatura Milk Industries Ltd.
Glanbia plc
APS BioGroup
ProHealth
Fonterra Cooperative Group Ltd.
Farbest Brands
InVitria
Milei GmbH
Ferrin-tech LLC

About Grand View Research

Thursday, 19 August 2021

Dairy Alternatives Market To Make Great Impact In The Near Future by 2028: Grand View Research Inc.

Dairy Alternatives Market Growth & Trends

The global dairy alternatives market size is expected to reach USD 52.58 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.5% from 2021 to 2028. The rise in demand for plant-based alternatives and changing consumer diets utilizing milk alternatives are driving the demand for dairy alternatives.

Increasing occurrence of milk allergies or cases of lactose intolerance is expected to drive the market further. People with lactose intolerance are increasingly opting for milk alternatives, which has made beverage manufacturers adopt dairy alternatives to appeal to the respective consumer base, further propelling the demand for dairy alternatives.

Changing consumer preferences caused by environmental or moral concerns resulting in the mass adoption of vegan or similar diets are expected to positively impact the market growth over the forecast period. Europe has a well-established food and beverages industry and has seen significant growth in the vegan population, resulting in the high market growth in the region.

Moreover, consumers are opting for more variety in their food and beverage products such as almond milk coffee or coconut panna kotta. Similar dishes with dairy alternatives are becoming available across major industries such as hotels, restaurants, and cafes as well as in packaged foods. The increased availability of the products has made it easier for consumers to opt for dairy alternatives and products consisting of the same.

Asia Pacific has been the most dominant regional market as it consists of numerous emerging economies, along with a growing population. The growing middle-class population, coupled with the increasing disposable income, has empowered consumers to opt for variety in their food choices. Moreover, exposure to westernized foods and diet trends is driving the market further in the region.

The market is highly competitive as the established players have already captured a large market share, however, emerging local players are entering the market considering the realized demand for the product. The simplicity of the process and technology has made it easier for the new entrants to infiltrate the market, and therefore increase competition in the market. The existing players have been coming up with new products and sources of milk. For instance, a start-up in San Francisco has collaborated with ADM to produce animal-free milk using microflora, such as yeast. The product is expected to have all the benefits of cow milk without the raw material.

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Dairy Alternatives Market Report Highlights

By source, soy held the largest share of over 35.0% in 2020. Soy milk has been traditionally consumed for a long time in many countries and is affordable and easily available worldwide, making it the most dominant source segment in terms of revenue in 2020
By product, milk captured the largest share of more than 67.0% in 2020 owing to high demand for plant-based milk alternatives from lactose-intolerant consumers as well as consumers following a vegan diet. The increasing occurrences of high cholesterol in adults and the elderly have led to numerous consumers opting for dairy alternatives-based products instead of milk products
By distribution channel, supermarkets and hypermarkets led the market with more than 40.0% share in 2020. Developed regions such as North America and Europe have a higher penetration of supermarkets and hypermarkets, meanwhile developing regions are witnessing an increased number of supermarkets and hypermarkets, thus contributing to the high growth of the distribution channel segment
Asia Pacific dominated the market in 2020 with a share of over 44.0% in terms of revenue, which was followed by North America and Europe, respectively. The easy availability of the product in aseptic packaging enabling convenient storage is expected to result in increased adoption of the product over the forecast period
The investments in the plant-based alternatives food sector are increasing as the market for the same is growing. For instance, an investment issuer called EAT BEYOND GLOBAL HOLDINGS INC. added Plant Power Restaurant Group, LLC to its portfolio, which has vegan beverages, such as shakes. The deal aims to target a larger consumer base that eats fast food but prefers vegan alternatives

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

Dairy Alternatives Market Segmentation

Grand View Research has segmented the global dairy alternatives market on the basis of source, product, distribution channel, and region:

Dairy Alternative Source Outlook (Revenue, USD Million, 2017 - 2028)

Soy
Almond
Coconut
Rice
Oats
Others

Dairy Alternative Product Outlook (Revenue, USD Million, 2017 - 2028)

Milk
Yogurt
Ice Cream
Cheese
Creamer
Others

Dairy Alternative Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

Supermarkets & Hypermarkets
Convenience Stores
Online Retail
Others

Dairy Alternative Regional Outlook (Revenue, USD Million, 2017 - 2028)

North America
- US.
- Canada
- Mexico
Europe
- Germany
- UK.
- France
- Italy
- Spain
Asia Pacific
- China
- Japan
- India
- Australia
Central & South America (CSA)
- Brazil
Middle East & Africa (MEA)
- South Africa

List of Key Players of Dairy Alternatives Market

The Hain Celestial Group, Inc.
SunOpta Inc.
Danone
Oatly
Vitasoy International Holdings Limited
DAIYA FOODS INC.
Melt Organic
Living Harvest Foods Inc.
Ripple Foods
Earth’s Own Food Company Inc.

About Grand View Research

Dyes & Pigments Market is Thriving USD 51.7 Billion Revenue by 2028: Grand View Research Inc.

Dyes & Pigments Market Growth & Trends

The global dyes and pigments market size is expected to reach USD 51.7 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% from 2021 to 2028. The market is projected to witness substantial growth in product consumption on account of high application scope coupled with increasing demand from the textile and paints & coatings application segments. The product demand in the Asia Pacific is expected to grow at the fastest CAGR during the forecast period. The growing construction industry, rapid industrialization & urbanization, and increasing consumer disposable income levels in the emerging economies are the primary factors driving the regional market. Moreover, strong support, various initiatives, and increasing investments by the government are propelling the growth of the construction industry in the region, which, in turn, is anticipated to fuel the product demand.

Increasing utilization of plastics in consumer goods is anticipated to provide a positive scope for market growth over the forecast period. Pigments are added to polymers to obtain the specific colors in plastic products. Its use in plastics depends upon its weatherability and aging, light fastness, warping and nucleation, and transparency. The demand for inorganic pigments is higher than organic in plastics. The organic pigments tend to form clumps owing to their poor dispersion, which further results in spots and specks in the final product. As a result, inorganic pigments are a preferable option as they are easily dispersed. Titanium dioxide is the most commonly used inorganic pigment in the plastics application segment.

Based on product type, reactive and disperse dyes are expected to witness major demand during the projected period. Dyes cover a broad range of applications from textiles to organic LEDs and Liquid Crystal Displays (LCD). Properties, such as enhanced dyeing efficiency, photophysical/photochemical properties, and improved quality to reduce toxicity, are anticipated to propel the growth of reactive and disperse dyes in the next eight years.

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Dyes & Pigments Market Report Highlights

In terms of revenue, Asia Pacific led the global market in 2020 and is estimated to expand at the fastest CAGR of 5.8% from 2021 to 2028
Increasing product demand from the end-use industries, such as textiles, paper, paints & coatings, construction, and printing inks, is likely to drive the APAC regional market in the coming years
Dyes are expected to be the largest as well as the fastest-growing product segment over the forecast period
The paints & coatings application segment accounted for the largest revenue share of the pigments market in 2020 and is estimated to maintain its dominance over the forecast period
Rising product demand in various applications, such as automotive and marine, is estimated to support the growth of the paints & coatings segment
Textiles application segment dominated the dyes market in 2020 with more than 62% revenue share and is expected to continue its dominance throughout the forecast period

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Dyes & Pigments Market Segmentation

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

Dyes & Pigments Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Dyes
- Reactive
- Vat
- Acid
- Direct
- Disperse
- Others
Pigments
- Organic
- Inorganic

Dyes & Pigments Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Dyes
- Printing Inks
- Textiles
- Paper
- Leather
- Others
Pigments
- Plastics
- Paints & Coatings
- Construction
- Printing Inks
- Others

Dyes & Pigments Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

North America
- US.
Europe
- Germany
- UK.
Asia Pacific
- India
- China
Central & South America
- Brazil
Middle East & Africa

List of Key Players of Dyes & Pigments Market

BASF SE
Clariant AG
DIC Corp.
Sudarshan Chemical Industries Ltd.
Atul Ltd.
Huntsman Corp.
Kronos Worldwide Inc.
Lanxess AG
Kiri Industries Ltd.

About Grand View Research

U.S. Intravenous Immunoglobulin Market Expected To Propel Industry Growth By 2028: Grand View Research Inc.

U.S. Intravenous Immunoglobulin Market Growth & Trends

The U.S. intravenous immunoglobulin market size is expected to reach USD 10.24 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% from 2021 to 2028. Robust pipeline, approval and launch of novel products, and increasing government initiatives are expected to be the major factors driving the market.

Robust pipeline and increasing approvals and launches of novel products are anticipated to support the market growth over the forecast period. For instance, in April 2019, U.S.-based ADMA Biologics, Inc. received U.S. FDA approval for its new drug Asceniv. It is an IVIG drug indicated for the treatment of primary humoral immunodeficiency disease. Similarly, in December 2019, CSL Behring announced receiving orphan drug exclusivity for Hizentra from the U.S. FDA to treat Chronic Inflammatory Demyelinating Polyradiculoneuropathy (CIDP). In another instance, in February 2021, Biotest AG announced that it was the first in Germany to manufacture an investigational hyper immunoglobulin from plasma protein for the COVID-19 treatment.

Furthermore, increasing initiatives by various government organizations to boost the development of novel products are expected to support market growth over the forecast period. For instance, in January 2018, the National Institutes of Health (NIH) awarded a grant of USD 3 million to the U.S.-based GigaGen Inc. to develop novel recombinant intravenous immunoglobulin for patients with primary immunodeficiency diseases.

However, the manufacturing of IVIG requires a well-developed production facility and high capital investments, thereby leading to the high cost of the final product. Hence, this factor is anticipated to restrain the market growth. In addition, IVIG products undergo stringent regulations pertaining to safety and handling, which is another factor expected to impede the market growth. For instance, in 2018, the U.S. FDA delayed the approval of GC Pharma’s intravenous immunoglobulin product and demanded additional data related to the drug’s manufacturing process.

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U.S. Intravenous Immunoglobulin Market Report Highlights

By application, immunodeficiency diseases dominated the market in 2020 owing to the rising number of cases and the growing adoption of IVIG for the treatment of these diseases
The multifocal motor neuropathy application segment is expected to register the fastest growth rate over the forecast period due to the high effectivity of IVIG in its treatment
Based on distribution channel, hospital pharmacy held the largest share in 2020 owing to a large number of hospital pharmacies and the easy availability of products in the hospitals
Market leaders are involved in the development of new plasma collection centers and other collaborative strategies to expand their geographical reach and widen their product portfolio

Access Press Release@ https://www.grandviewresearch.com/press-release/us-intravenous-immunoglobulin-ivig-market-analysis

U.S. Intravenous Immunoglobulin Market Segmentation

Grand View Research has segmented the U.S. intravenous immunoglobulin market on the basis of application and distribution channel:

U.S. IVIG Application Outlook (Revenue, USD Million, 2016 - 2028)

Hypogammaglobulinemia
CIDP
Immunodeficiency Diseases
Congenital AIDS
Chronic Lymphocytic Leukemia
Myasthenia Gravis
Multifocal Motor Neuropathy
ITP
Kawasaki Disease
Guillain-barre Syndrome
Others

U.S. IVIG Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

Hospital Pharmacy
Specialty Pharmacy
Others

List of Key Players of U.S. Intravenous Immunoglobulin (IVIG) Market

Biotest AG
Octapharma AG
LFB Biotechnologies S.A.S
China Biologics Products Holdings, Inc.
Grifols, S.A.
Kedrion Biopharma, Inc.
CSL Behring
McKesson Corporation
Takeda Pharmaceutical Company Limited
Bio Products Laboratory Ltd.
Pfizer, Inc.
ADMA Biologics, Inc.

About Grand View Research

Regulatory Affairs Market Overview, Analysis And Forecast To 2028: Grand View Research Inc.

Regulatory Affairs Market Growth & Trends

The global regulatory affairs market size is expected to reach USD 22.7 billion by 2028 registering a CAGR of 8.4%, according to a new report by Grand View Research, Inc. Rise in drug approvals, label expansions of approved products, along with the presence of Fastrack regulatory pathways are anticipated to facilitate the market growth over the forecast period. Technological advancements in regulatory software and the growing digital transformation in the healthcare industry are also expected to contribute to market growth. In addition, the introduction of Medical Devices Regulation (MDR) and In Vitro Diagnostics Regulation (IVDR) is anticipated to not only change the EU regulatory landscape and increase the stringency of regulations but also increase the number of documents required to be created and maintained by companies.

Furthermore, the changes in the Central Administration for Pharmaceutical Affairs (CAPA) scope in Egypt is anticipated to change the medical device registration process in the country. Such changes in local regulations are anticipated to favor market growth. Furthermore, several regulatory changes related to clinical trials, vaccine development, and product approvals, initiated by the global and local regulatory authorities to expedite patient access to Covid-19 treatments and vaccines, are anticipated to positively affect the market growth. Market players are actively involved in the adoption of advanced technologies, strategic collaborations, and mergers & acquisition, to strengthen their market positions and outperform the competition. For instance, in 2020, ICON acquired MedPass, a medical device CRO, reimbursement, and regulatory consultancy firm. This acquisition is aimed at strengthening the medical device and diagnostic research services portfolio of ICON through the addition of new clinical and regulatory capabilities in Europe.

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Regulatory Affairs Market Report Highlights

Regulatory writing and publishing was the leading service segment in 2019 and is projected to retain its dominant position throughout the forecast years
This growth is credited to an increase in the outsourcing of selected regulatory functions by major life sciences companies
The Biologicssegment is anticipated to witness the fastest CAGR over the forecast period due to the increasing popularity of personalized medicines and biosimilars
The oncology indication segment dominated the market in 2019 and will expand further at a steady CAGR from 2020 to 2027
This growth can be attributed to the rising cancer cases and mortality rate along with the presence of several innovative pipeline products

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

Regulatory Affairs Market Segmentation

Grand View Research has segmented the global regulatory affairs market on the basis of service, service provider, company size, categories, product stage, indication, end-use, and region:

Regulatory Affairs Service Outlook (Revenue, USD Million, 2016 - 2028)

Regulatory Consulting
Legal Representation
Regulatory Writing & Publishing
Product Registration & Clinical Trial Application
Other Services

Regulatory Affairs Service Provider Outlook (Revenue, USD Million, 2016 - 2028)

In-house
Outsourcing

Regulatory Affairs Company Size Outlook (Revenue, USD Million, 2016 - 2028)

Small
Medium
Large

Regulatory Affairs Categories Outlook (Revenue, USD Million, 2016 - 2028)

Drugs
- Innovator
  - Preclinical
  - Clinical
  - Post Market
- Generic
  - Preclinical
  - Clinical
  - Post Market
- Biologics
  - Biotech
    - Preclinical
    - Clinical
    - Post Market
  - ATMP
    - Preclinical
    - Clinical
    - Post Market
  - Biosimilar
    - Preclinical
    - Clinical
    - Post Market
  - Medical Devices
    - Diagnostic
      - Preclinical
      - Clinical
      - Post Market
    - Therapeutic
      - Preclinical
      - Clinical
      - Post Market

Regulatory Affairs Product Stage Outlook (Revenue, USD Million, 2016 - 2028)

Preclinical
Clinical
PMA

Regulatory Affairs Indication Outlook (Revenue, USD Million, 2016 - 2028)

Oncology
Neurology
Cardiology
Immunology
Others

Regulatory Affairs End-use Outlook (Revenue, USD Million, 2016 - 2028)

Medical Device Companies
Pharmaceutical Companies
Biotechnology Companies

Regulatory Affairs Regional Outlook (Revenue, USD Million, 2016 - 2028)

North America
- US.
- Canada
Europe
- UK.
- Germany
- France
- Italy
- Spain
- Russia
- Turkey
- The Netherlands
- Switzerland
- Sweden
Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Singapore
- Thailand
- Taiwan
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
MEA
- South Africa
- Saudi Arabia
- UAE
- Egypt
- Israel

List of Key Players of Regulatory Affairs Market

Accell Clinical Research, LLC.
GenPact Ltd.
Criterium, Inc.
PRA Health Sciences
Promedica International
WuXi AppTec, Inc.
Medpace
Charles River Laboratories International, Inc.
Icon plc
Covance
Parexel International Corporation
Freyr

About Grand View Research

U.S. Concrete Floor Coatings Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

U.S. Concrete Floor Coatings Market Growth & Trends

The U.S. concrete floor coatings market size is anticipated to reach USD 420.0 million by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 4.3% over the forecast period. Increasing demand for green buildings in the country is expected to drive market growth during the forecast period. Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. The advent of VOC-free and eco-friendly products is also expected to boost the demand, thereby fueling the overall market growth over the forecast period.

In addition, increasing spending on the commercial sector is further expected to boost the market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2 trillion as a part of the Covid-19 response for the development of infrastructure including hospital buildings, roads, and other infrastructure. The epoxy product segment is projected to register a CAGR of 3.9% from 2021 to 2028 due to wide product usage in the flooring industry on account of its improved durability and superior toughness. These products are either water-based or solvent-based.

Epoxy floor coatings are widely preferred for garage application for improved appearance and owing to their reasonable price, better resilience to stains & tire marks, and ability to cover minor imperfections, such as flaws and spider cracks on the concrete. Moreover, the rising demand for anti-dusting products is supporting the market growth. In addition, government initiatives to provide affordable housing units are expected to fuel the growth of the residential construction industry. This, in turn, is projected to create product demand over the forecast period. For instance, the Mayor of Atlanta pledged to invest USD 1.0 billion to construct and preserve 20,000 units of affordable housing within the city of Atlanta by 2026.

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U.S. Concrete Floor Coatings Market Report Highlights

South division dominated the overall market in 2020, both in terms of revenue and volume, and will retain the leading position throughout the forecast period
Epoxy was the largest product segment and accounted for a market share of over 40% in 2020 and will witness steady growth over the forecast period
Properties of epoxy, such as toughness, improved dimensional stability, and superior resistance to abrasion and UV light, are propelling its demand in residential, commercial, and industrial applications
The commercial application segment is generating the maximum revenue owing to high product demand from restaurants & breweries, supermarkets & retail stores, educational institutions, and other commercial structures
Key companies in the market are investing in R&D activities to develop innovative products to strengthen their market position
For example, in September 2020, PPG Industries launched PPG Flooring coatings, which is a comprehensive line of four coating systems that comprise prime coats, base coats, and topcoats
This product line is designed to provide optimum performance based on the specific work environment

Access Press Release@ https://www.grandviewresearch.com/press-release/us-concrete-floor-coatings-market-analysis

U.S. Concrete Floor Coatings Market Segmentation

Grand View Research has segmented the U.S. concrete floor coatings market on the basis of product, application, end user, and division:

U.S. Concrete Floor Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Epoxy
Polyurethane
Polyaspartic
Other

U.S. Concrete Floor Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Residential
- Garages
- Patios
- Walkways
- Basements
Commercial
- Restaurants & Breweries
- Supermarkets and Retail Stores
- Educational Institutions
- Other Commercial
Industrial

U.S. Concrete Floor Coatings End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Do-It-Yourself (DIY)
Professional

U.S. Concrete Floor Coatings Division Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Northeast
Midwest
South
West

U.S. Concrete Floor Product Outlook (Volume, Million Square Feet; Revenue, USD Million, 2016 - 2028)

Coated
- Epoxy
- Polyurethanes
- Polyaspartics
- Others
Polished

U.S. Concrete Floor Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2016 - 2028)

Residential
Commercial

List of Key Players of U.S. Concrete Floor Coatings Market

The Sherwin-Williams Company
Henkel AG & Co. KGaA
PPG Pittsburgh Paints
Behr Paint Company
EPMAR Corporation
Sika Corporation

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

Sorbitol Market Growth & Trends

The global sorbitol market size is expected to reach USD 2.44 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2021 to 2028. The increasing awareness regarding the health and digestive benefits associated with the digestive health supplements, rising geriatric population, increasing demand for non-medical dietary supplements, and technological advancements in the processing of these products are driving the demand for sorbitol-based products, consequently aiding the growth of the market over the forecast period.

The market growth is expected to be fueled by the increasing demand for the product for use in the manufacturing of various food and beverages, such as fruit juice, candies, and chocolates. Moreover, vitamin C is synthesized using sorbitol as the product is one of the building blocks in the manufacturing process. Vitamin C is also used for the production of dietary supplements, which is expected to grow at a high rate over the forecast period, resulting in the high growth of the market. The rise in the number of gym-goers, coupled with the increasing awareness regarding health and fitness, has positively affected the demand for nutritional drinks, thus has increased the demand for specialty ingredients across the world.

The liquid product segment dominated the market in 2020. It is used in the production of candy to increase its chewy texture and softness. Liquid sorbitol is also finding new applications in the tobacco market as it is added to chewing tobacco to enhance its flavor. The growing applications of liquid sorbitol are expected to be helpful in the growth of the segment over the forecast period. The crystal product segment is anticipated to witness significant growth from 2021 to 2028. Crystal sorbitol is used in numerous cosmetic products, such as moisturizers and face creams, in the form of humectant due to its resistance to bacteriological degradation and ability to retain moisture. The growing demand for cosmetic products is expected to impact the market growth positively over the forecast period.

The food end-use segment dominated the market in 2020. Sorbitol is majorly used as a sweetener and a low-calorie sugar substitute in the food and beverage industry. In addition to providing sweetness, sorbitol also acts as an excellent texturizing and anti-crystallization agent in the production of ice cream and bakery products. The growth of the food end-use segment is also attributed to rising product utilization in the production of diabetic food products. Efficiency in operation and product innovation are expected to drive the market. Fast-paced lifestyle and increased preference for convenience food are presumed to be some of the major drivers of the food processing sector, resulting in the growth in demand for sorbitol.

Factors such as advancements in nutrition and technology, growing consumer inclination toward improved health and longevity, and increasing frequency of exercising in modern lifestyles are expected to contribute to augmented consumption of fiber-rich, organic, and gluten-free foods. This is expected to boost the consumption of sorbitol in the production of fiber-rich and gluten-free food products, thereby driving the market.

The companies are developing a broad range of products to cater to the requirements of different application industries and boost sales growth, thereby leading to the development of a diversified product portfolio. This, in turn, is expected to aid the companies to target different market segments and also improve brand equity.

Major companies in the market own several trademarks and patents, which emerge as valuable assets for the company. These patents and trademarks offer an important competitive edge to the companies. These patents also witness the streams of new inventions generated by the companies, which are expected to enhance customer satisfaction and contribute to strengthening customer relationships. These patents also improve brand equity as well as the financial performance of the companies operating in the market. Over the forecast period, sorbitol is therefore expected to see an increased number of applications in the food and beverage industry.

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Sorbitol Market Report Highlights

By product, liquid accounted for the largest share in terms of revenue as well as volume in 2020. The product is preferred over other substitute products as it is non-carcinogenic and has a pleasant and sweet taste
The crystal product segment is expected to expand at the highest growth rate over the forecast period. Crystal sorbitol is used as a plasticizer in the manufacturing of capsule outer shell and as an excipient and filler in the production of pharmaceutical capsules
The vitamin C application segment is expected to register the highest growth rate over the forecast period owing to its increasing use in functional foods and dietary supplements
The food end-use segment held the largest market share in terms of revenue and volume in 2020. The food processing industry across the world is expected to witness a boost in sales owing to the increased consumer preferences in terms of variety of products as well as quality
Companies operating in the market are continuously involved in the enhancement of the quality of products and the companies keep introducing new products with advanced features that are competitive in both performance and prices

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

Sorbitol Market Segmentation

Grand View Research has segmented the global sorbitol market on the basis of product, application, end-use, and region:

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

Liquid
Crystal

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

Oral Care
Vitamin C
Diabetic & Dietetic Food & Beverage
Surfactant
Others

Sorbitol End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Personal Care
Chemical
Food
Pharmaceuticals
Others

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

North America
- US.
- Canada
- Mexico
Europe
- Germany
- UK.
- France
Asia Pacific
- China
- India
- Japan
- Australia
- Thailand
Central & South America (CSA)
- Brazil
Middle East & Africa (MEA)
- Saudi Arabia

List of Key Players of Sorbitol Market

American International Foods, Inc.
ADM
Cargill Incorporated
DuPont
Gulshan Polyols Ltd.
Merck KGaA
Ecogreen Oleochemicals GmbH
Qinhuangdao Lihua Starch Co., Ltd.
Roquette Frères
SPI Pharma
Tereos
Ingredion Incorporated
Kasyap Sweeteners, Ltd.

About Grand View Research

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