Rear-view Mirror Market is Projected to Boost USD 11.51 Billion by 2028: Grand View Research Inc.

 Rear-view Mirror Market Growth & Trends

The global rear-view mirror market size is expected to reach USD 11.51 billion by 2028, expanding at a CAGR of 4.1% from 2021 to 2028, according to a new report by Grand View Research, Inc. The COVID-19 pandemic has negatively impacted the demand for rear-view mirrors in 2020. The implementation of lockdowns and social distancing norms globally led to losses in the automotive industry. However, as governments begin to gradually relax lockdown norms and allow businesses to operate with mandates of social distancing, the market can expect a period of respite for the short term. Moreover, the increasing demand for luxury vehicles, coupled with the growing demand for enhanced comfort, is anticipated to drive market growth. Automotive OEMs are focused on integrating advanced safety features in rear-view mirrors to improve visibility and reduce accidents. The rapid rate of advancements in product features is anticipated to work in favor of market growth.

The rising demand for luxury vehicles, thanks to the increased spending capacity of consumers, especially in developing economies such as China and India, is also driving the market. According to the China Automobile Dealers Association, luxury car dealers sold 277,000 units in April 2020, an increase of 11.1% compared to the same time in 2019. Furthermore, the introduction of an increasing number of luxury Sport Utility Vehicles (SUVs) is also expected to help the market expand at a promising pace over the forecast period.

The COVID-19 outbreak has had a severe and swift impact on the global automotive industry. The overall automotive production volumes declined globally on a year-on-year basis, mainly due to the decrease in production volumes in North America and Europe, among other regions. According to Organisation Internationale des Constructeursd' Automobiles (OICA), global automobile production dropped by more than 15% in 2020 as compared to 2019 to 77.6 million units.

The Asia Pacific regional market captured around 50% of the overall rear-view mirror demand in 2020 and is estimated to register the highest CAGR of 4.5% over the forecast period. The increasing awareness about technological advancements and the increasing spending capacity of customers are working in favor of the region’s automotive industry. Furthermore, the increase in demand for luxury vehicles in India and the easy availability of new and replacement automotive parts are also driving the market in the region. Moreover, the Make In India campaign is expected to draw substantial investment in the country’s automotive sector, which boasts benefits such as low-cost labor and cheaper raw materials.

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Rear-view Mirror Market Report Highlights

• In terms of feature type, the heating function segment emerged as a dominant segment in 2020. The segment is anticipated to exceed USD 5 billion by the end of the forecast period
• The door-mounted segment emerged as the largest segment in 2020 and is estimated to continue its dominance over the forecast period
• The smart rear-view mirror segment accounted for over 70% of the overall revenue share in 2020. The segment is projected to record the highest CAGR from 2021 to 2028
• In terms of type, the interior mirror segment is estimated to expand at the highest CAGR of around 3% over the forecast period. This can be attributed to an anticipated increase in sales of high-end premium vehicles and other passenger vehicles such as SUVs
• In terms of vehicle type, the passenger car segment is estimated to register the highest CAGR of 4.2% from 2021 to 2028
• The Asia Pacific market held the largest market share in 2020. This can be attributed to the increasing production of vehicles in India, China, and Japan

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Rear-view Mirror Market Segmentation

Grand View Research has segmented the global rear-view mirror market based on feature type, mounting type, product type, type, vehicle type, and region:

Rear-view Mirror Feature Type Outlook (Revenue, USD Million, 2016 - 2028)

• Auto-dimming
• Blind Spot Detection
• Power Control
• Automatic Folding
• Heating Function
• Others

Rear-view Mirror Mounting Location Outlook (Revenue, USD Million, 2016 - 2028)

• Door Mounted
• Body Mounted

Rear-view Mirror Product Type Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Rear-view Mirror
• Conventional Rear-view Mirror

Rear-view Mirror Type Outlook (Revenue, USD Million, 2016 - 2028)

• Exterior Mirror
• Interior Mirror

Rear-view Mirror Vehicle Type Outlook (Revenue, USD Million, 2016 - 2028)

• Passenger Car
• Commercial Vehicles

Rear-view Mirror Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Rear-view Mirror Market

• Continental AG
• Ficosa Internacional SA
• Gentex Corporation
• Ishizaki Honten Company Limited
• Magna International Inc.
• MITSUBA Corporation
• Murakami Corporation
• SL Corporation
• Tokairica Co, Ltd.

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.

Europe Wood Activated Carbon Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 Europe Wood Activated Carbon Market Growth & Trends

The Europe wood activated carbon market size is expected to reach USD 62.7 million by 2028, registering a CAGR of 7.1% over the forecast period, according to a new report by Grand View Research, Inc. Growing concerns regarding water quality are expected to drive the market. With the alarming rate of adverse effects of contaminated water on human health, there is a proportionate increase in demand for wastewater treatment technologies in Europe.

Almost 70.0% of the wastewater generated goes for treatment in Europe. In Russian Federation, the volume of wastewater treatment is about 14 cubic kilometers annually. The retreated water is predominantly used for agricultural irrigation and environmental applications. Moreover, increasing water scarcity due to increased urbanization and population explosion are creating the demand for wood activated carbon in wastewater applications.

Major industry participants are investing in research and development. Due to fierce industry rivalry, there has been an increased effort by companies to achieve high product differentiation. Government and companies are taking efforts to encourage the use of activated carbon within key end-use industries. All these factors are expected to benefit the market over the forecast period.

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Europe Wood Activated Carbon Market Report Highlights

• The powdered segment dominated the market due to its high adsorption capacity and ability to fulfill broad treatment objectives and remove a range of particulates
• The water and air filtration application segment is expected to witness substantial growth over the forecast period owing to its ability to absorb toxins, viruses, bacteria, fungus, drugs, and chemicals found in water and air
• In France, the market is expected to witness substantial growth over the forecast period owing to the presence of major cosmetic manufacturers in the country. France is a prominent manufacturer as well as an exporter of cosmetic products

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Europe Wood Activated Carbon Market Segmentation

Grand View Research has segmented the Europe wood activated carbon market on the basis of product, application, and region:

Europe Wood Activated Carbon Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Powdered
• Granular
• Others

Europe Wood Activated Carbon Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
• Cosmetics
• Healthcare
• Water & Air Filtration
• Animal Nutrition
• Automotive

Europe Wood Activated Carbon Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Germany
• UK.
• France
• Italy
• Spain
• Benelux
• Russia

List of Key Players of Europe Wood Activated Carbon Market

• Eurocarb Products Limited
• Carbon Activated Corporation
• Chemviron
• Kuraray Europe GmbH
• Jacobi Carbons Group
• Donau Carbon GmbH
• Calgon Carbon Corporation
• Gryfskand sp. z o.o.
• Induceramic
• Ingevity

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.

North America Automotive Foams Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 North America Automotive Foams Market Growth & Trends

The North America automotive foams market size is anticipated to reach USD 3.26 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 3.7% over the forecast period. The market growth is credited to the rapid expansion of the automotive industry in the U.S., Canada, and Mexico. Vehicles are considered a status symbol in society, which has propelled vehicle sales due to transitioning lifestyles and the easy availability of low-end models of cars by prominent automotive OEMs. Also, rising sales of Electric Vehicles (EVs) due to environmental concerns arising from petrol and diesel vehicles are expected to drive the market.

The U.S. is the regional market that held the maximum revenue share. The automotive OEMs and their suppliers in the U.S. are constantly innovating their product range by providing maximum comfort for better driving and commuting experience. This has propelled them to include automotive foams due to their softness, low heat transfer properties, and flexibility. The automotive foams are produced from Polyurethane (PU), and polyolefins like Ethylene-vinyl Acetate (EVA), Polyethylene (PE), Polypropylene (PP), and ethylene propylene diene monomer.

They are used in various automotive components, such as seating, armrests, door panels, bumpers, headliners, gaskets, and automotive trims, reducing the vehicle’s overall weight. This helps in improving the fuel efficiency of the vehicle. Polyurethane and polypropylene are the most widely used materials in the manufacturing of automotive foams. Their superior properties, including durability, high-load bearing capacity, impact resistance, and chemical resistance make them suitable for a variety of applications mentioned above.

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North America Automotive Foams Market Report Highlights

• The market was valued at USD 2.45 billion in 2020 and is estimated to grow at a CAGR of 3.7% from 2021 to 2028
• The seating application segment is expected to witness a significant CAGR of 3.6% over the forecast period
• This growth can be credited to the rising demand for comfort and effective cushioning in automotive seats
• The PU type segment accounted for a significant share of the overall revenue in 2020 and will expand further at a steady CAGR from 2021 to 2028
• This growth is credited to the rising demand for PU foams owing to their high compressibility, durability, water & chemical resistance, and low weight
• The U.S. accounted for the maximum share of the overall revenue in 2020. The market in the U.S. is also expected to witness the fastest CAGR during the forecast period

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North America Automotive Foams Market Segmentation

Grand View Research has segmented the North America automotive foam market on the basis of type, application, end use, and country:

North America Automotive Foams Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Polyurethane (PU) Foam
• Polyolefin Foam
  • Ethylene Vinyl Acetate
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Ethylene Propylene Diene Monomer (EPDM)

North America Automotive Foams Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Seating
• Arm & Head Rests
• Door Panels
• Headliners
• Bumper System
• Others

North America Automotive Foams End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)

North America Automotive Foams Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• US.
• Canada
• Mexico

List of Key Players of North America Automotive Foams Market

• BASF SE
• ARMACELL
• Woodbridge
• Wisconsin Foam Products
• Dow Inc.
• Rogers Corp.
• American Excelsior, Inc.
• Toray Plastics (America), Inc.
• Bridgestone Corp.
• Custom Foam Systems
• Grand Rapids Foam Technologies
• Saint-Gobain

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.

Xylitol Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2028

 Xylitol Market Growth & Trends

The global xylitol market size is expected to reach USD 738.10 million by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. The product demand has been growing rapidly owing to the high demand for natural ingredients in the food industry. Furthermore, the use of xylitol in dietary supplement products, such as gummies, has also been one of the key driving factors contributing to the growth of the market. Xylitol is a low-calorie sugar with a low glycemic index as compared to table sugar. It is widely used as a sweetener in the food industry, mainly in chewing gums, mints, and candies. The product consumption has been linked to several positive health effects, including a reduction in tooth decay, prevention of ear infection, enhanced bone density, weight loss, blood sugar stabilization, etc.

It shows a varied range of applications in the food, pharmaceutical, and nutraceutical industries. Sugar-free chocolates, chewing gums, hard candies, wafer fillings, pastilles, and other diabetic sweets are produced using xylitol as the key sugar substitutes. It also enhances the flavor, color, and shelf life of food products. Chewing gums that contain xylitol are well known for their therapeutic purposes. The addition of xylitol to cough syrups, tonics, and vitamin preparations results in nonfermentable products. It is added to diets as a beneficial health supplement for diabetic patients, due to its non-cariogenic and non-fermentable properties.

Asia Pacific accounted for the largest revenue share of the global market in 2020. China is among the leading producers as well as consumers across the globe. The majority of the product is produced in China followed by Europe and the U.S. The increasing product usage in the formulation of various dietary supplements from the nutraceutical industry is accelerating the growth of the market. Most of the players operating in this market are export-oriented and focus on building a global distribution network to meet the increasing demand in various end-use industries across the world.

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Xylitol Market Report Highlights

• The powder form segment accounted for the largest revenue share of over 90% of the global market in 2020 and will expand further at a steady CAGR from 2020 to 20208
• The easy application and availability of xylitol in the powder form are contributing to the segment growth
• Oral care is expected to be the fastest-growing application segment over the forecast period
• Xylitol prevents tooth decay and improves the flavor of tooth care products, such as toothpaste, mouthwash, and mouth fresheners
• Asia Pacific is estimated to be the largest regional market by 2028. China is the largest production cluster and has a high product demand and usage in various applications, such as nutraceutical and chewing gum manufacturing
• Europe, on the other hand, is expected to register the fastest CAGR from 2020 to 2028

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Xylitol Market Segmentation

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

Xylitol Form Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Powder
• Liquid

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

• Chewing Gum
• Confectionery
• Bakery & Other Foods
• Oral Care
• Others

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

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

List of Key Players of Xylitol Market

• Cargill, Inc.
• DuPont Danisco
• Roquette Freres
• ZuChem, Inc.
• Thomson Biotech (Xiamen) Co., Ltd.
• NovaGreen, Inc.
• DFI Corp.
• Zhejiang Huakang Pharmaceutical Co., Ltd.
• Jining Hengda Green Engineering Co., Ltd.
• Shandong Biobridge Technology Co., Ltd.
• Shandong Futaste Co., Ltd.
• Foodchem International Corp.
• Mitsubishi Shoji Foodtech Co., Ltd.
• A & Z Food Additives Co., Ltd.
• Herboveda India
• Shandong Lujian Biological Technology Co. Ltd.
• Godavari Biorefineries Ltd.
• Shandong Longlive Bio-Technology Co., Ltd.

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.

Saffron Market Size Is Expected To Reach USD 721.5 Million by 2028

 Saffron Market Growth & Trends

The global saffron market size is expected to reach USD 721.5 million by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.5% over the forecast period. The demand for saffron has been growing rapidly owing to several factors, such as the growing demand for natural ingredients in the food industry. Furthermore, the medicinal properties of saffron have also been one of the key driving factors contributing to the growth of the market. Saffron is the most versatile and costliest spice in the world. Saffron is the dry stigma of Crocus Sativus, where each flower has only 3 stigmas. The process of handpicking the saffron thread is very labor-intensive and over 70,000 flowers produce 1 pound of saffron.

The extensive production process coupled with lower production volumes makes it the most expensive spice among others. Saffron corms are needed for the production of saffron, and the key suppliers of this raw material include Roco saffron, American Meadows, and Bloembollenbedrijf J.C.Koot (sattivus.com). Saffron is available in four grades including grades I, II, III, and IV. However, grade I is the highest quality of saffron containing all red stigmas having excellent coloring, flavoring, and aromatic properties, whereas grade IV is the lowest quality of the product that needs to be used in a large quantity to get the optimum results. Asia Pacific is one of the key regions in the market with the dominant share in 2020.

The demand for saffron is continuously on the rise owing to its increasing usage in the traditional cuisines of Asia Pacific countries. Furthermore, saffron is used in traditional Asian medicines to treat or prevent various diseases and health conditions. The increasing usage of the product in various dietary supplements as an ingredient is also expected to bolster the demand over the forecast period. The majority of the players operating in the global market are export-oriented and focus more on their supply chain and global distribution network to meet the increasing demand from various application industries across the globe.

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Saffron Market Report Highlights

• The grade I segment accounted for the largest revenue share of over 59.98% in 2020 and is estimated to retain the dominant position throughout the forecast period
• The medical application segment is projected to be the fastest-growing segment over the forecast period
• The increasing product usage in dietary supplementsand medicines for the treatment or prevention of various health conditions, such as high cholesterol levels and healing of second-degree burns, boosts the segment growth
• Middle East & Africa is the key region, which is anticipated to witness the fastest growth in the market over the forecast period
• Middle East holds the largest production cluster of saffron and has increasing product usage in the food as well as medical applications contributing to the highest growth of the regional market

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Saffron Market Segmentation

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

Saffron Grade Outlook (Volume, Tons, Revenue, USD Thousand, 2017 - 2028)

• Grade I
• Grade II
• Grade III
• Grade IV

Saffron Application Outlook (Volume, Tons, Revenue, USD Thousand, 2017 - 2028)

• Food
• Medical
• Cosmetics
• Others

Saffron Regional Outlook (Volume, Tons, Revenue, USD Thousand, 2017 - 2028)

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

List of Key Players of Saffron Market

• Esfedan Trading Company
• Safran Global Company S.L.U.
• Tarvand Saffron Co.
• Saffron Business Company
• Gohar Saffron
• Rowhani Saffron Co.
• Mehr Saffron
• Flora Saffron
• Royal Saffron Company
• Iran Saffron company

About Grand View Research

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

Home Healthcare Market Pegged For Strong Growth During 2021-2028: Grand View Research Inc.

 Home Healthcare Market Growth & Trends

The global home healthcare market size is expected to reach USD 545.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.88% over the forecast period. This growth can be attributed to cost-efficiency, improved patient outcomes, and convenience offered by home healthcare agencies. In addition, the rising geriatric population and the growing prevalence of chronic diseases, such as Alzheimer’s, dementia, and orthopedic conditions, are expected to drive market growth. As per the Population Reference Bureau data updated in June 2019, the number of people aged 65 years and above was 52 million in 2018 and is projected to double by 2060 to reach 95 million. The World Health Organization (WHO) statistics state that there are around 50 million dementia patients in the world with 10 million new cases getting added every year. This number is expected to reach 82 million by 2030.

The elderly population is expected to outnumber the children population in the span, which is a demographic shift and poses to be a public health challenge. Moreover, the maintenance and establishment of hospitals and other healthcare settings need high capital investment. Some of the healthcare solutions providers are following a merger and acquisition strategy to enter the market and provide cost-effective services and leverage the expertise of the merged or acquired firm. Also, shifting trends toward in-home healthcare services for patients to avoid hospital stays is another key factor driving the market growth. During the COVID-19 pandemic, the majority of the nursing facilities were significantly impacted, while the in-home services aided the majority of healthcare providers to offer their services in a safe environment.

The demand for home care services is expected to increase in the immediate future, owing to the ongoing COVID-19 pandemic. These services are safer and cost-effective alternatives to hospital services. External substitutes, including hospitals, informal care, and other healthcare establishments, pose a limited threat, mostly due to their high costs. Thus, the threat of substitutes in the market is expected to be moderate during the forecast period.

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Home Healthcare Market Report Highlights

• Services dominated the component segment in 2020. Growing demand for skilled nurses for rehabilitation services, wound dressings, tube feedings, and maintaining stable patient health drive the growth of this segment
• Mainly, patients with major trauma due to accidents or those suffering from strokes opt for rehabilitation services for improving their way of talking, walking, and feeding themselves all over again
• The demand for home therapeutic equipment is increasing due to the rising prevalence of chronic conditions, such as respiratory diseases, kidney disorders, and diabetes
• Advancement in technology is likely to favor market growth. For instance, active home telemonitoring devices can help in capturing vital signs and symptoms, which help the home health agency
• North America is the most matured regional market. The presence of a large geriatric population, sophisticated healthcare infrastructure, and relatively higher patient disposable income levels are some of the key factors driving the regional market
• Europe held a significant share in 2020. With the ongoing COVID-19 pandemic, the demand for nurses, attendants, physicians, physiotherapists, and caregivers is expected to rise, with home care services being considered a safer alternative to hospital services

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Home Healthcare Market Segmentation

Grand View Research has segmented the global home healthcare market on the basis of component and region:

Home Healthcare Component Outlook (Revenue, USD Million, 2016 - 2028)

• Equipment
  • Therapeutic
    • Home Respiratory Therapy Equipment
    • Insulin Delivery Devices
    • Home IV Pumps
    • Home Dialysis Equipment
    • Others
  • Diagnostic
    • Diabetic Care Unit
    • BP Monitors
    • Multi Para Diagnostic Monitors
    • Home Pregnancy & Fertility Kits
    • Apnea & Sleep Monitors
    • Holter Monitors
    • Heart Rate Monitors
    • Others
  • Mobility Assist
    • Wheelchair
    • Home Medical Furniture
    • Walking Assist Devices
  • Services
    • Skilled Home Healthcare Services
      • Physician Primary Care
      • Nursing Care
      • Physical/Occupational/Speech Therapy
      • Nutritional Support
      • Hospice & Palliative Care
      • Others
    • Unskilled Home Healthcare Services

Home Healthcare Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • The Netherlands
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • Malaysia
  • Thailand
  • Philippines
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Oman
  • UAE
  • Egypt

List of Key Players of Home Healthcare Market

• Manufacturers
  • McKesson Medical-Surgical, Inc.
  • Fresenius Medical Care
  • Medline Industries, Inc.
  • Medtronic PLC
  • 3M Healthcare
  • Baxter International, Inc.
  • Braun Melsungen AG
  • Arkray, Inc.
  • Hoffmann-La Roche AG
  • Becton, Dickinson And Company
  • Acelity L.P.
  • Hollister, Inc.
  • ConvaTec Group PLC
  • Molnlycke Health Care
• Service Providers
  • Brookdale Senior Living, Inc.
  • Home Health Services Ltd.
  • Sunrise Carlisle, LP
  • Extendicare, Inc.
  • Care U.K. Limited
  • Senior Care Centers of America
  • Genesis Healthcare Corp.
  • Sompo Holdings, Inc.
  • Kindred Healthcare, Inc.
  • Home Instead Senior Care, 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.

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

 Astaxanthin Market Growth & Trends

The global astaxanthin market size is expected to reach USD 4.75 billion by 2028, registering a CAGR of 16.8%, according to a new report by Grand View Research, Inc. Increasing adoption of dietary supplements, growing awareness among people regarding healthy lifestyle, and government initiatives to increase the manufacturing capacity are anticipated to boost the market growth. For instance, in May 2019, Algalíf Iceland ehf. received financial aid from EU’s SME Instrument program and Icelandic Centre for Research’s Technology Development Fund to expand its manufacturing capacities by adding spray dryers.

Cost-effective technologies widely used for astaxanthin production include Photo Bioreactor (PBR) and Flat Panel Airlift (FPA) reactors. Furthermore, other technologies used are open pond, closed microalgae, hybrid (a need-based combination of open pond system & flat panel photobioreactor), green technology production system energized by natural sunlight, and supercritical carbon dioxide extraction systems.

Market players are aggressively finding innovative methods to improve production for meeting the growing demand in the nutraceutical and pharmaceutical industry. For instance, an ongoing study conducted by scientists at the University of Pennsylvania has shown a route to optimize the production of astaxanthin by using a strain of E. coli. According to a study, the production rate of biomass via modified E. coli was 16 times higher than the current algae cultivation method. This reflects the industry’s ability to invest in new technologies for meeting the quality standards and demands of consumers.

Increasing research on the usage of astaxanthin products for different applications will create a new opportunity in the market. Many studies have been conducted to evaluate the potential of astaxanthin in different end-use industries. For instance, in April 2021, a study was published in MDPI related to the use of astaxanthin-based feed additives in the poultry industry. The study revealed that a moderate dose could efficiently improve egg yolk color and the general health of laying hens. Moreover, in April 2019, researchers in Japan and China investigated the use of astaxanthin on aging using a mice model and found improved dysregulation of aging-related gene expression.

The nutraceutical industry is a dynamic and evolving end-use industry that offers new opportunities to key players looking to introduce novel products. Key players are continuously conducting R&D to develop a novel product for nutraceutical applications. Companies, such as Algatech Ltd. and Cyanotech Corp., have introduced ready-to-mix and water-dispersible powder for the supplements & beverages industries. Similarly, companies are studying its applications in the pharmaceutical industry.

Companies are adopting strategies, such as new product launches and partnerships with major players in end-use industries, to increase the penetration of natural astaxanthin-based products. For instance, in March 2019, Algatech Ltd. entered into a partnership with a personal care product manufacturer for astaxanthin topical applications in the U.S. market. This initiative was anticipated to drive the commercial reach of the product in North America, thereby fueling the global market.

The market is highly competitive due to the presence of a large pool of players. Key players are adopting new technologies and producing an optimal quality of products to increase sales and gain maximum market share.

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Astaxanthin Market Report Highlights

• In 2020, natural astaxanthin accounted for the largest market share and is anticipated to maintain its dominance over the forecast period
• Microalgae is the largest natural source, which held more than 70% of the total natural astaxanthin product
• Ongoing studies to expand the use of astaxanthin products are anticipated to boost the demand in the coming years
• Based on product, dried algae meal or biomass is the largest segment and is expected to maintain its dominance over the forecast period
• Asia Pacific region is expected to experience the fastest growth over the forecast period owing to the increasing adoption of nutraceuticalsand increasing consumer disposable income in the region

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

Astaxanthin Market Segmentation

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

Astaxanthin Source Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2028)

• Natural
  • Yeast
  • Krill/Shrimp
  • Microalgae
  • Others
• Synthetic

Astaxanthin Product Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2028)

• Dried Algae Meal or Biomass
• Oil
• Softgel
• Liquid
• Others

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

• Nutraceuticals
• Cosmetics
• Aquaculture &Animal Feed
• Food
  • Functional Foods and Beverages
  • Other Traditional Food Manufacturing Applications
• Others

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

• North America
  • US
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
  • South Korea
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Israel

List of Key Players of Astaxanthin Market

• CO2 GRO Inc. (BlueOcean NutraSciences)
• FENCHEM
• ENEOS Corporation (JXTG Nippon Oil & Energy Corporation)
• I.D. – Parry (India) Limited
• MicroA
• NextFerm
• Algalif Iceland ehf
• ALGAMO

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.

Endodontic Devices Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Endodontic Devices Market Growth & Trends

The global endodontic devices market size is expected to reach USD 2.34 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.2% during the forecast period. Growing dental tourism, the prevalence of dental caries, and high dental care expenditure are some of the key growth drivers. According to the American Dental Association (ADA), the U.S. dental expenditure was USD 124 billion in 2016 with an increase of 3.3% from 2015.

The role of endodontists has evolved during the past decade due to the introduction of sophisticated techniques and devices in dental practice. According to a research study published by the ADA, the number of dentists in the U.S. is projected to grow rapidly leading to increased procedures in the country.

Many factors contribute to poor oral health leading to dental decay or dental infection resulting in the need for endodontic treatment. The increase in untreated tooth decay, rising consumption of sugar, tobacco and alcohol, lack of good oral hygiene and regular dental check-ups, and a lack of fluoridation in water supplies or the use of a fluoride dentifrice, are some of the key factors driving the endodontic devices market. According to the U.S. Oral Health Division of the U.S. Department of Health & Human Services, more than 27% of adults and 20% of children have at least one untreated tooth decay.

Request a free sample copy or view report summary: Endodontic Devices Market Report

Endodontic Devices Market Report Highlights

• Based on the type of devices, the market is segmented into instruments and consumables. Of these, endodontic motors held the majority of market share in 2018, as it is a widely adopted device due to its procedural efficiency
• In 2018, dental hospitals held the largest market share of the end use segment. The rise in government funding and reimbursement coverage are some key factors driving the growth.
• North America held the largest endodontic devices market share in 2018 and is likely to retain its position over the forecast period, due to the rise in dental expenditure and number of dental practices
• Asia Pacific is expected to witness the fastest growth in the forthcoming years due to rising dental tourism and improving healthcare infrastructure in the region
• Some of the key market players are Danaher, Dentsply Sirona, and FKG Dentaire, among others
• Endodontic device manufacturers partner with endodontists to prepare a marketing plan to enhance their marketing efforts. The American Association of Endodontists (AAE) offers such marketing tactics to AAE members helping them gain more access to their target audience.

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

Endodontic Devices Market Segmentation

Grand View Research has segmented the global endodontic devices market based on type, end use, and region:

Endodontic Devices Type Outlook (Revenue, USD Million, 2016 - 2028)

• Instruments
  • Apex Locators
  • Endodontic Motors
  • Endodontic Scalers
  • Handpieces
  • Endodontic Lasers
  • Machine Assisted Obturation Systems
  • Others
• Endodontic Consumables
  • Access Preparation
  • Shaping and Cleaning
  • Obturation

Endodontic Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Dental Hospitals
• Dental Clinics
• Dental Academic and Research Institutes

Endodontic Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Mexico
  • Brazil
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of the Endodontic Devices Market

• Danaher
• Dentsply Sirona
• FKG Dentaire
• Ultradent Products
• Ivoclar Vivadent
• Septodont
• COLTENE
• Micro-Mega
• Brasseler Holdings LLC
• DiaDent Group International

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.

Pediatric Dental Market to Undertake Strapping Growth By 2028

 Pediatric Dental Market Growth & Trends

The global pediatric dental market size is expected to reach USD 14.13 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.5% from 2021 to 2028. The growth is attributed to the technological advancements in pediatric dental procedures. Moreover, an increasing number of oral health disorders is expected to contribute to the growth of the market.

According to the CDC, cavities are the most common chronic diseases of children in the U.S. Untreated cavities can cause infection and pain that lead to problems with speaking, learning, eating, and playing. 1 out of 5 children aged 5 to 11 years have at least one untreated decayed tooth that needs to be treated on time. Dental sealants can prevent cavities for a long time. Application of dental sealants on the chewing surface of the back teeth prevents 80% of cavities. Thus, the treatment by dental sealants is anticipated to boost the market growth. The COVID-19 pandemic negatively affected the market growth.

The Urban Institute, in April 2021, stated many parents were delaying bringing their children to medical and dental clinics due to worries that children may be exposed to COVID-19. Parents with low-income households mostly avoided or delayed scheduling of dental appointments other than higher income. The COVID-19 pandemic negatively affected the market due to the shutdown of dental offices.

The possible application of 3D printing is still coming to light in the dental industry. The lab tool has shifted to implantology, general dentistry, prosthodontics and even to create custom devices to help dental patients with sleep apnea. This shift towards advanced treatment is anticipated to drive the market.

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Pediatric Dental Market Report Highlights

• Based on type, the primary segment accounted for the largest revenue share of more than 50.0% in 2020 owing to the growing oral health problems
• By procedure, the dental cleaning (prophylaxis) segment accounted for the largest share of over 30.0% in 2020 owing to the increasing number of dentists working in dental clinics and hospitals
• In terms of disease type, dental caries accounted for the largest share of over 35.0% in 2020 owing to the increasing dental disorders and chronic health conditions
• North America accounted for the largest share of more than 35.0% in 2020 owing to the presence of dominant market players and the high adoption rate of advanced medical technologies

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

Pediatric Dental Market Segmentation

Grand View Research has segmented the global pediatric dental market on the basis of type, disease type, procedure, and region:

Pediatric Dental Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Primary
• Permanent

Pediatric Dental Disease Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Dental Caries
• Enamel Disorders
• Others

Pediatric Dental Procedure Outlook (Revenue, USD Billion, 2016 - 2028)

• Pulpotomies
• Stainless Steel Crowns (SSCs)
• Tooth Colored Fillings
• Dental Cleaning (Prophylaxis)
• Others

Pediatric Dental Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Iran
  • Israel

List of Key Players of Pediatric Dental Market

• 3M
• Hu-Friedy Mfg. Co., LLC (Subsidiary of Cantel Medical)
• Kinder Krowns
• Figaro Crowns, Inc.
• Acero Crowns
• Sprig Oral Health Technologies, Inc.
• Edelweiss Dentistry Products GmbH
• SML
• Cheng Crowns
• Dentsply Sirona

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.

Demand for Iron Casting Market Increasing in Most Part of World 2028

 Iron Casting Market Growth & Trends

The global iron casting market size is expected to reach USD 136.55 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% over the forecast period. The recent outbreak of COVID-19 has had a significant impact on the iron casting demand, which has hindered market growth.

The decline in growth and production of the European automotive industry owing to the COVID-19 pandemic has affected the demand for iron casting and its raw materials. To recover from their losses, European countries have allocated stimulus packages to revive the economy and several industries, such as automotive. For instance, in September 2020, the France government announced around USD 118.3 billion to reduce the economic impact of the pandemic.

The automotive industry is anticipated to benefit the overall market in the long term, but its growth was majorly affected in the first half of 2020 in North America. The auto plants resumed their operations in the U.S. and Canada in mid-May 2020; however, most players in Mexico did not resume operations even by the end of May 2020. Auto plants in Mexico operated at minimal capacity, which impacted the trade supply among the North American countries.

Asia Pacific was also majorly impacted due to the pandemic. However, the countries are reporting quick recovery, especially China. The rapid growth in the construction & infrastructural projects in the region is expected to spur the product demand for applications in pipes & fittings. In addition, the growth of the automotive industry from the second quarter of 2020 onwards is expected to boost the product demand.

Automotive and machinery & tools were the largest application segments in 2020. Other applications, such as pipes & fittings, pots & utensils, shipbuilding, electronic equipment, wind turbine, tractors, heavy-duty vehicles, agriculture, textile, and paper, are also projected to witness significant growth over the coming years.

Request a free sample copy or view report summary: Iron Casting Market Report

Iron Casting Market Report Highlights

• The gray iron product segment led the market in 2020 and will expand at the fastest CAGR from 2021 to 2028
• Properties of gray iron, such as good resistance, machinability, and high compressive strength, are projected to boost its demand
• The railways application segment is projected to register the fastest CAGR over the forecast period
• The growth is likely to be driven by the focus of various governments to improve their country’s transportation infrastructure
• Asia Pacific was the largest regional market in 2020. The region is characterized by rising industrial production and the presence of some of the fastest-growing economies, such as China and India
• Key companies are focusing on maintaining and improving their market share with various organic and inorganic strategies
• Companies are likely to observe growing sales over the next few years owing to the rising prices of raw materials

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

Iron Casting Market Segmentation

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

Iron Casting Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Gray
• Ductile
• Malleable

Iron Casting Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Automotive
• Machinery & Tools
• Pipes & Fittings
• Railways
• Power Generation
• Others

Iron Casting Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Iron Casting Market

• Hitachi Metals, Ltd.
• Brakes India Private Ltd.
• Dandong Foundry
• GIS
• OSCO Industries, Inc.
• Chamberlin plc
• Crescent Foundry
• Xinxing Ductile Iron Pipes Co. Ltd.
• Jinan Meide Casting Co Ltd.
• Tianjin New Wei San Industrial Co., Ltd.

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.