Friday, 10 December 2021

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

 Laptop Accessories Market Growth & Trends

The global laptop accessories market size is expected to reach USD 57.66 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.3% from 2021 to 2028. Increased customer demand for consumer electronics is fueling the growth of the accessories linked with them. Customers need to acquire laptop accessories in an average time period of 3-5 years, thus their short life span promotes their growth in terms of volume. Moreover, innovation in the field of laptop accessories encourages buyers to purchase new products, resulting in a significant increase in the market growth.

Consumers in emerging nations such as Thailand, Brazil, India, and China have a high purchasing power, allowing them to spend more on consumer electronics, resulting in the increased sales of laptop accessories. The growing number of corporate offices throughout the world is driving the market for laptop accessories. Furthermore, the expansion of the market in South Asia and East Asia is predicted to be fueled by an increase in urbanization, disposable income, and e-commerce penetration.

Vendors are taking steps to retain and gain a greater market share in response to the increased demand for laptop accessories. Laptop accessories vendors are utilizing economies of scale to offer a large volume of items at competitive and affordable prices in order to combat the fierce competition in the global market.

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Laptop Accessories Market Report Highlights

  • The electronic type segment accounted for the largest share of over 60.0% in 2020. In the electronic segment, the mouse and keyboard segment captured the largest share of over 35.0% in 2020
  • The personal end-use segment accounted for the largest revenue share of over 55.0% in 2020 owing to the sudden shift from work from office to work from home on the backdrop of the pandemic and subsequent lockdown
  • The offline distribution channel segment accounted for the largest revenue share of over 60.0% in 2020. This can be credited to the fact that a large section of consumers still prefers physical shopping of electronic appliances
  • Asia Pacific held the largest revenue share of more than 35.0% in 2020 and is expected to register the fastest CAGR from 2021 to 2028

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Laptop Accessories Market Segmentation

Grand View Research has segmented the global laptop accessories market on the basis of type, end use, distribution channel, and region:

Laptop Accessories Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Electronic
    • Charger & Adapter
    • Battery
    • Memory Drives
    • Mouse & Keyboard
    • Audio Devices
    • Others (adapters, readers, cooling fan, etc.)
  • Non-electronic
    • Mouse Pad
    • Stand & Holder
    • Protective Case
    • Others (Key guards, laminates & covers, anti-thefts, cleaning, etc.)

Laptop Accessories End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Personal
  • Commercial

Laptop Accessories Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Offline
  • E-commerce

Laptop Accessories Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
  • Central and South America
    • Brazil
  • Middle East and Africa
    • Turkey

List of Key Players of Laptop Accessories Market

  • Logitech
  • Western Digital Corporation
  • Hewlett-Packard Company
  • ASUSTeK Computer Inc.
  • Dell
  • GIGA-BYTE Technology Co., Ltd.
  • Seagate Technology LLC
  • Microsoft
  • Kingston Technology
  • Hama

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 PC And PC/ABS In IT Server Market is Likely To Touch USD 81.95 Million by 2028: Grand View Research Inc.

 North America PC And PC/ABS In IT Server Market Growth & Trends

The North America PC and PC/ABS in IT server market size is expected to reach USD 81.95 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3%, in terms of revenue, from 2021 to 2028. Rising demand for cloud storage and internet services from the growing population has increased the installation of data centers and servers, hence propelling the demand for Polycarbonate (PC) and Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) across the IT server component manufacturers in the region.

Polycarbonate (PC) is a highly durable, flexible, and thermal resistant resin suitable for manufacturing twinwalls used for thermal separation across the aisle in the server room. In addition, data centers are a significant component of modern technology, especially technologies that rely on cloud computing. In addition, components such as housing for cooling systems require higher resistance towards heat, for which the aforementioned resins are highly suitable.

Major tech companies such as Google LLC; Amazon.com, Inc.; and HSN, Inc. utilize polycarbonate-based twinwall and multiwall for containment systems to provide reliable IT environments, allowing maximum cooling for servers and components along with physically separating a group of servers and batteries from each other. Furthermore, high conductivity characteristics of polycarbonate and polycarbonate/acrylonitrile butadiene styrene are suitable for the manufacturing of connectors used across the IT industry.

Server racks such as wall mount, floor-standing, open-frame, among others are designed for mounting, organizing, and securing equipment including servers, routers, hubs, switches, and audio/video components. In addition, they provide cable management and enable optimized airflow for increased operational efficiency and prolonged equipment life. Hence, polycarbonate and polycarbonate/acrylonitrile butadiene styrene are suitable for manufacturing server racks.

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North America PC And PC/ABS In IT Server Market Report Highlights

  • In terms of revenue, the twinwall sub-segment accounted for a prominent share in the market in 2020 across both polycarbonate (PC) as well as polycarbonate/acrylonitrile butadiene styrene (PC/ABS) segment due to its high utility for creating a physical barrier across the aisle to manage heat generated from the servers
  • In 2020, the U.S. accounted for the major market share across North America in terms of volume and is estimated to be more than 80.0%. This is due to the increasing demand for data centers and cloud storage from the rising population across the country
  • The presence of major tech giants including International Business Machines Corporation (IBM); Google LLC; Facebook, Inc.; and Microsoft Corporation have increased the demand for the servers and server components across the country. Therefore, propelling the demand for polycarbonate and polycarbonate/acrylonitrile butadiene styrene for manufacturing the servers and server components
  • Increasing demand for PC) and PC/ABS across the IT server industry has introduced plastic molding companies across the region. Companies such as Server Technology, Tenere Inc.; AIC Inc. IT Creations; Inc.; and Jameco Electronics are the prominent plastic injection molders providing services for the IT industry across North America

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North America PC And PC/ABS In IT Server Market Segmentation

Grand View Research has segmented the North America PC and PC/ABS in IT Server market based on product by application and country:

North America PC And PC/ABS In IT Server Product by Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Polycarbonate (PC)
    • Twinwalls
    • Wall-mounted Enclosure
    • Aisle Containment Panels
  • Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS)
    • Twinwalls
    • Wall-mounted Enclosure
    • Aisle Containment Panels

North America PC And PC/ABS In IT Server Country Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • US.
  • Canada
  • Mexico

List of Key Players of the North America PC And PC/ABS In IT Server Market

  • SABIC
  • Mitsubishi Chemical Corporation
  • Covestro AG
  • Sumika Polycarbonate 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.

North America Paraffin Wax & Emulsions Market Poised to Garner Maximum Revenues During 2021 – 2028: Grand View Research Inc.

 North America Paraffin Wax & Emulsions Market Growth & Trends

The North America paraffin wax & emulsions market size is estimated to reach USD 941.79 million by 2028, registering a CAGR of 6.3% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is expected to be directly influenced by the demand from the end-user industries. The demand in the region is majorly from the packaging industry and candle producers in the region. The growing demand for candles in North American is likely to directly influence the market growth over the forecasted period.

The product demand is expected to be negatively influenced by the increasing popularity of paraffin wax alternatives derived from vegetables and natural sources, such as soybean, palm oil, and beeswax. The popularity of these is due to their several superior and adaptable characteristics over paraffin wax, one of them is their eco-friendly nature. Soy and beeswax candles burn more slowly compared to paraffin wax candles and there is a distinct aroma of candles made from waxes derived from natural sources. Also, synthetic waxes are posing a significant challenge to petroleum-based waxes and are emerging as a major challenge to the petroleum wax industry.

The rising trade war conflict between China and the U.S. is creating uncertainty in the global trade landscape and directly affecting a large number of sectors. China is one of the major suppliers of paraffin wax in the world and caters to a significant market in North America and Europe. However, due to rising trade conflict between China and the U.S, China has diverted its products to the European market, which has created a supply gap. However, to bridge the supply gap, the manufacturers in the North America and South America regions have increased their production capacity to meet the rising demand from the end-user industries. This trade war also provides opportunities for new market players to enter the market.

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North America Paraffin Wax & Emulsions Market Report Highlights

  • The candles application segment is estimated to register the fastest CAGR from 2021 to 2028 owing to the presence of established candle producers in the region and high a high demand for paraffin wax-based candles
  • In 2020, the board sizing application segment accounted for more than 15% revenue share of the overall market due to its wide utilization in wooden composite boards, particleboards, oriented strand boards, medium-density boards, paperboards, and fiberboards
  • The textile& fiber application segment is projected to have a significant growth from 2021 to 2028 on account of the rising utilization of paraffin wax emulsions as a textile & yarn finishing agent
  • As per the National Institutes of Health National Center for Complementary and Integrative Health, Americans spend over USD 30.2 billion annually on aromatherapy
  • Three-fourth of the candle buyers in the region believe that fragrance is an extremely important characteristic, which affects their purchasing decision
  • Countries in the developing regions offer lucrative opportunities for petroleum wax products due to the rapid industrialization

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North America Paraffin Wax & Emulsions Market Segmentation

Grand View Research has segmented the North America paraffin wax & emulsions market based on paraffin wax application, paraffin wax emulsions application, and country:

NA Paraffin Wax Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Candles
  • Packaging
  • Cosmetics
  • Hotmelts
  • Board Sizing
  • Rubber
  • Others

NA Paraffin Wax Emulsions Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Woodworking
  • Inks & Coatings
  • Paper
  • Textile & Fiber
  • Others

NA Paraffin Wax & Emulsions Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • US.
    • South Carolina
    • North Carolina
    • Arkansas
    • Oregon
  • Canada
    • Ontario
    • New Brunswick
  • Mexico

List of Key Players of North America Paraffin Wax & Emulsions Market

  • Repsol
  • Paramelt
  • Sasol
  • Hexion
  • Walker Industries
  • King Honor International Ltd.
  • Clariant
  • Michelman, Inc.
  • Petrobras
  • H&R Group
  • Shell

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.

Wearable Breast Pumps Market Expected to Deliver Dynamic Progression By 2028

 Wearable Breast Pumps Market Growth & Trends

The global wearable breast pumps market size is anticipated to reach USD 742.79 million by 2028, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising population and the number of working women are the most significant growth drivers for this market. In addition, favorable changes in reimbursement policies, and increasing patient disposable income & awareness levels are further anticipated to propel the product demand.

The rise in women’s employment is expected to be a high-impact rendering driver of the global market. Furthermore, the presence of various e-commerce sites offering innovative products will boost sales through these distribution channels over the forecast period. Willow, Elvie, Medela, and Amazon are some of such e-commerce sites and offer attractive discounts and prompt customer service. However, the adoption of these pumps decreased during the COVID-19 pandemic. A large number of manufacturers were affected during this time.

On the basis of technology, the global market has been divided into manual, battery-operated, and smart devices. The battery-powered product segment dominated the market in 2020 with the maximum revenue share. This technology is gaining acceptance from working women owing to the low weight and compact designs of battery-operated devices.

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Wearable Breast Pumps Market Report Highlights

  • Based on components, the wearable pumps segment led the market in 2020 and is also expected to witness the fastest CAGR from 2021 to 2028
  • This growth is credited to increasing demand for these devices on account of rising awareness levels about the importance and benefits of breastfeeding
  • Led by the U.S., North America dominated the market with the highest revenue share in 2020
  • This growth was credited to the supportive reimbursement policies for wearable breast pumps and increased women’s employment in the region

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Wearable Breast Pumps Market Segmentation

Grand View Research has segmented the global wearable breast pumps market on the basis of technology, component, and region:

Wearable Breast Pumps Technology Outlook (Revenue, USD Million, 2016 - 2028)

  • Manual
  • Battery-operated
  • Smart

Wearable Breast Pumps Component Outlook (Revenue, USD Million, 2016 - 2028)

  • Wearable Pumps
  • Accessories

Wearable Breast Pumps Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Wearable Breast Pumps Market

  • Willow
  • Chiaro Technology Ltd. and Elvie
  • Philips
  • Baby Buddha
  • Freemie
  • Medela LLC
  • Ameda, Inc.
  • Spectra Baby USA
  • BelleMa Co.
  • Motif Medical
  • iAPOY

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.

Thursday, 9 December 2021

Hand Protection Equipment Market Forecasted to Grow at Steady Pace During 2021-2028: Grand View Research Inc.

 Hand Protection Equipment Market Growth & Trends

The global hand protection equipment market size is expected to reach USD 30.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.7% from 2019 to 2028. The rising awareness among industry participants pertaining to the importance of worker security and safety at workplaces on account of the stringent regulations is expected to drive the market.

Companies have established safety guidelines and prioritized worker safety to reduce workplace hazards, thereby limiting the adverse impact on the overall operational costs in the form of arbitrated settlements or compensation. The demand for hand protection equipment in the healthcare sector is witnessing growth with the rising prevalence of infectious diseases.

Increasing awareness about the safety and health measures related to emergency response occurrences coupled with the treatment of patients is anticipated to augment the demand for hand protection equipment in the healthcare sector. Moreover, risks associated with on-the-job transmission of blood-borne pathogens have the increased adoption of hand protection.

Manufacturers of hand protection equipment are focusing on the expansion of production facilities to increase the production capacity. For instance, In March 2020, Hartalega purchased land to expand its glove production facilities in Sepang, Malaysia, as the demand for hand protection has surged owing to the COVID-19 pandemic.

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Hand Protection Equipment Market Report Highlights

  • The durable gloves segment dominated the market and accounted for 56.5% of the global revenue share in 2020 owing to the increasing demand for high utility and durable protective gloves in various industries such as oil and gas, mechanical, machinery, and refining
  • The demand for nitrile gloves is estimated to witness a CAGR of 7.2% over the forecast period owing to their ability to provide high puncture resistance, excellent barrier protection, and high durability
  • The penetration of hand protection equipment in the healthcare industry is estimated to witness a CAGR of 8.8% over the forecast period, on account of the increasing product adoption to limit the spread of COVID-19 infection caused through surface contact
  • Europe accounted for 31.0% of global revenue share in 2020 owing to the presence of stringent norms concerning occupational health and safety established by regulatory bodies European Commission and the European Committee for Standardization
  • India is expected to witness a CAGR of 9.4% over the forecast period, on account of the growing concerns regarding high-risk activities in the construction and manufacturing sectors
  • Manufactures of the market are focusing on introducing new technologies for manufacturing gloves and integrating them across various stages of the value chain in order to gain a competitive edge in the market

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

Hand Protection Equipment Market Segmentation

Grand View Research has segmented the global hand protection equipment market on the basis of product, raw material, end use, and region:

Hand Protection Equipment Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Disposable
  • Durable

Hand Protection Equipment Raw Material Outlook (Revenue, USD Million, 2017 - 2028)

  • Natural rubber/latex
  • Nitrile gloves
  • Neoprene
  • Vinyl gloves
  • Others

Hand Protection Equipment End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Construction
  • Manufacturing
  • Oil & Gas
  • Chemicals
  • Food
  • Pharmaceuticals
  • Healthcare
  • Transportation
  • Mining
  • Others

Hand Protection Equipment Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key players of Hand Protection Equipment Market

  • Top Glove Corporation Bhd
  • Hartalega Holdings Berhad
  • Superior Gloves
  • Adenna LLC
  • MCR Safety
  • Atlantic Safety Products, Inc.
  • Ammex Corporation
  • Kimberly-Clark Corporation
  • Sempermed USA, Inc.
  • Halyard Health, Inc.
  • Medline Industries, Inc.
  • Cardinal Health
  • Kossan Rubber Industries Bhd
  • Globus (Shetland) 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.

U.S. Biopharmaceutical Third Party Logistics Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 U.S. Biopharmaceutical 3PL Market Growth & Trends

The U.S. biopharmaceutical third party logistics market size is expected to reach USD 62.3 billion by 2028, at a CAGR 7.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for novel biologics and the need to manage those is boosting the market growth. Moreover, the rising demand for temperature-controlled logistic services to transport biologics in various regions and the growing distribution networks of biopharmaceutical companies to improve their sales are factors driving the market growth.

The COVID-19 pandemic has had a major impact on global logistics to some extent due to diminished air freight capacity and reduced workforce at warehouses and airports. The decisions of local authorities to shut down the logistic infrastructure, enforce movement restriction, or put in place additional requirements to suppress transmission of the virus have also impacted the logistic services. This has significantly hindered many supply operations.

The future seems lucrative for the market with the retraction of government regulations related to transportation and shelter-in-place mandates. A sudden surge in the demand for cold chain logistics was observed during the pandemic. Growth in the manufacture and distribution of the COVID-19 vaccine is expected throughout 2021. For instance, in March 2021, FedEx Express started shipping the COVID19 vaccine for McKesson Corp. to centers all across the U.S. The company has already shipped millions of COVID-19 vaccines since mid-December 2020.

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U.S. Biopharmaceutical 3PL Market Report Highlights

  • The non-cold chain logistics held the largest market share of 80.8% in 2020 owing to the sales of a large number of drugs that do not require any temperature control
  • The cold chain logistics segment is projected to witness the fastest of CAGR 10.1% over the forecast period owing to the demand for biologics, such as cellular therapies, vaccines, and test kits
  • The increasing demand for the COVID-19 vaccine is a major contributing factor to the market growth. Furthermore, the rising trend of outsourcing logistics services is fueling the growth
  • The warehousing & storage segment held the largest revenue share of 43.6% in 2020 due to the growing demand for storage
  • The specialty drugs segment dominated the market in 2020 owing to the rapid growth in specialty pharma

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U.S. Biopharmaceutical 3PL Market Segmentation

Grand View Research has segmented the U.S. biopharmaceutical 3PL market on the basis of supply chain, service type, and product type:

U.S. Biopharmaceutical 3PL Supply Chain Outlook (Revenue, USD Billion, 2016 - 2028)

  • Cold Chain
  • Non-cold Chain

U.S. Biopharmaceutical 3PL Service Type Outlook (Revenue, USD Billion, 2016 - 2028)

  • Transportation
    • Air Freight
    • Sea Freight
    • Overland Transportation
  • Warehousing &Storage
  • Others

U.S. Biopharmaceutical 3PL Product Type Outlook (Revenue, USD Billion, 2016 - 2028)

  • Specialty Drugs
  • Generics
  • Plasma-derived Products
  • Others

List of Key Players of the U.S. Biopharmaceutical 3PL Market

  • DHL International GmbH
  • SF Express
  • United Parcel Service of America, Inc.
  • AmerisourceBergen Corporation
  • DB Schenker
  • KUEHNE + NAGEL
  • Kerry Logistics Network Ltd.
  • Agility

About Grand View Research

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

U.S. Continuous Renal Replacement Therapy Market Major Key Players And Latest Trend Analysis Till 2028: Grand View Research Inc.

 U.S. Continuous Renal Replacement Therapy Market Growth & Trends

The U.S. continuous renal replacement therapy market size is expected to reach USD 957.2 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The U.S. market is expected to grow owing to the growing number of ICU patients with Acute Kidney Injury (AKI), along with the increasing incidence of sepsis. Moreover, COVID-19 has positively impacted the market growth. In addition, the presence of well-established key players in the country focusing on developing and commercializing technologically advanced devices and initiatives undertaken by the government to increase the awareness about continuous renal replacement therapy (CRRT) is expected to boost the market growth during the forecast period.

The increasing prevalence of fluid overload, which frequently occurs in AKI patients in critical care units, is a key factor boosting the demand for CRRT devices. Moreover, the FDA has implemented precise laws on manufacturers to endorse the availability of high-quality CRRT devices in ICUs. This is expected to help create lucrative growth opportunities in the U.S. market in the near future.

Leading players such as Baxter International, Inc.; Fresenius Kabi; and Medtronic are investing extensively in R&D to develop technologically advanced CRRT devices. Baxter, for example, has developed a PRISMAFLEX critical care system. It is a versatile platform that provides personalized therapy based on a patient's comfort and suitability. Furthermore, B. Braun's Diapact CRRT system is equipped with modern technology that enables the effective treatment of AKI and kidney disorders. The critical blood filtering process is carried out accurately and without obstructing patients' recovery. Such advancements in CRRT systems, combined with innovation, are expected to result in the increased adoption of CRRT systems, which is anticipated to boost the U.S. CRRT market growth in the near future.

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U.S. Continuous Renal Replacement Therapy Market Report Highlights

  • In terms of product, the liquids segment dominated the market in terms of revenue in 2020. The growing number of manufacturers supplying dialysate and replacement fluids for RRT is contributing to the segment growth
  • The disposables product segment is projected to expand significantly during the forecast period owing to the increasing use of hemofilter, fluids, charcoal filters, and other consumables in CRRT treatments
  • By modality, in 2020, the Continuous Venovenous Hemodialysis (CVVHD) segment dominated the market in terms of a number of procedures/treatments. The Continuous Venovenous Hemodiafiltration (CVVHDF) segment is expected to expand at the highest volume-based CAGR during the forecast period

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U.S. Continuous Renal Replacement Therapy Market Segmentation

Grand View Research has segmented the U.S. continuous renal replacement therapy market on the basis of product and modality:

U.S. Continuous Renal Replacement Therapy Product Outlook (Revenue, USD Million, 2016 - 2028)

  • CRRT System
  • Disposables
  • Liquids

U.S. Continuous Renal Replacement Therapy Modality Outlook (Revenue, USD Million, 2016 - 2028)

  • Slow Continuous Ultrafiltration (SCUF)
  • Continuous Venovenous Hemofiltration (CVVH)
  • Continuous Venovenous Hemodialysis (CVVHD)
  • Continuous Venovenous Hemodiafiltration (CVVHDF)

List of Key Players of U.S. Continuous Renal Replacement Therapy Market

  • Baxter
  • Braun Melsungen AG
  • Fresenius Medical Care AG
  • Medtronic
  • Asahi Kasei Medical Co., Ltd.
  • Nipro Corporation

About Grand View Research

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

North America Automotive Plastics For Exterior Trim Market to Witness Exponential Growth by 2028: Grand View Research Inc.

 North America Automotive Plastics For Exterior Trim Market Growth & Trends

The North America automotive plastics for exterior trim market size is expected to reach USD 28.65 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.8% from 2021 to 2028. The North American market is anticipated to grow due to the use of plastics in the manufacturing of exterior trim components, such as front grills, spoiler, pillar panels, and rear bumpers for lightweight vehicles. Polycarbonate/acrylonitrile butadiene styrene (PC/ABS) blends have emerged as a suitable material for manufacturing automotive exterior trims. Their good impact strength at cold temperatures, high-temperature stability, and processability to injection molding makes them suitable for front grills.

The prominent vehicle manufacturers in North America are shifting towards electric vehicles and are investing significantly to attain their vehicle electrification goals. For instance, in September 2021, Ford Motor Company announced to invest USD 11 billion to boost electric vehicle production. It plans to transform at least 40% of its fleet to be battery-powered within nine years. The growing investment in electric vehicles is expected to drive the demand for automotive plastics for exterior trim.

Key players are carrying out strategic initiatives such as mergers and acquisitions to strengthen their position in the North American market. For instance, in December 2020, U.S.-based Trinseo S.A. announced its decision to acquire the polymethyl methacrylate (PMMA) business of Arkema valued at USD 1.39 billion (EUR 1.14 billion). This strategic initiative is expected to result in Trinseo S.A. gaining control over 7 production sites (4 in Europe and 3 in North America).

Acrylonitrile styrene acrylate (ASA) exhibits excellent weathering resistance, high impact strength, and chemical resistance, resulting in the increased usage of ASA in radiator grills and mirrors. Plastic resin manufacturers are setting up manufacturing facilities as a part of their expansion plan to strengthen their position in North America. In 2019, INEOS announced setting up an ASA resin manufacturing facility in Texas, U.S.

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North America Automotive Plastics For Exterior Trim Market Report Highlights

  • The front grill end-use segment is expected to register the fastest CAGR over the forecast period in terms of revenue. This is attributed to the rising demand for polycarbonate/acrylonitrile butadiene styrene (PC/ABS) blends and acrylonitrile styrene acrylate (ASA) resins
  • The growing demand for automotive plastics as a replacement material for metal alloys in the exterior trim market is driven by the increasing demand for lightweight vehicles, which results in improving vehicle engine efficiency
  • The advancement in the recycling process of plastic waste generated from the automotive industry is anticipated to boost the demand for automotive plastics over the forecast period
  • The U.S. accounted for more than 80.0% share of the overall revenue in 2020 and is expected to witness the fastest growth over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-automotive-plastics-exterior-trim-market-analysis

North America Automotive Plastics For Exterior Trim Market Segmentation

Grand View Research has segmented the North America automotive plastics for exterior trim market on the basis of product, end use, and country:

North America Automotive Plastics For Exterior Trim Product Outlook (Volume, Tons; Revenue, USD Thousands, 2017 - 2028)

  • Polycarbonate/Acrylonitrile Butadiene Styrene Blends
  • Acrylonitrile Styrene Acrylate (ASA)
  • Polymethyl Methacrylate (PMMA)
  • Polymethyl Methacrylate (PMMA)/ASA Blends

North America Automotive Plastics For Exterior Trim End-use Outlook (Volume, Tons; Revenue, USD Thousands, 2017 - 2028)

  • Front Grill
  • Spoiler
  • Pillar Panel
  • Rear Bumper

North America Automotive Plastics For Exterior Trim Country Outlook (Volume, Tons; Revenue, USD Thousands, 2017 - 2028)

  • US.
  • Canada
  • Mexico

List of Key Players of North America Automotive Plastics For Exterior Trim Market

  • SABIC
  • LG Chem
  • Trinseo S.A.
  • Covestro AG
  • Mitsubishi Chemical Corporation
  • RTP Company
  • LOTTE Chemical CORPORATION
  • Sumitomo Chemical Co., Ltd.
  • Gehr Kunstoffwerk GmbH & Co. KG
  • Asahi Kasei Corporation

About Grand View Research

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

Silicone In Car Care Products Market Revenue is Expected to Reach USD 275.0 Million by 2028: Grand View Research Inc.

 Silicone In Car Care Products Market Growth & Trends

The global silicone in car care products market size is anticipated to reach USD 275.0 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.2% from 2021 to 2028. The market is anticipated to grow by the rising vehicle sales which have boosted the demand for protective covering and maintenance of premium-class vehicles, primarily for aesthetics and interior cleaning applications.

Silicone offers durable water-repellency, lubricant properties, and abrasion resistance, making them suitable for automotive leather care applications. Silicone coating applied to leather improves the malleability and feel of the leather, making it pleasant to the touch. Specialty artificial leather is also made of silicone rubbers that are very flexible, stretchable, and less likely to degrade over time. Silicone artificial leather is used to manufacture seats, and the dashboard gives a more durable look and is much more resistant to temperature variations, aging, and UV exposure.

Major players are collaborating with distributors to increase the market reach for silicone in car care products. For instance, in September 2020, BRB International BV appointed ANDICOR SPECIALTY CHEMICALS for distribution of silicone products for industrial and car care, personal care, coatings, and inks; home; elastomers, and sealants and adhesives markets for Canada.

Many companies manufacturing car care products are launching new silicone-based products to protect and provide shine to the car interior. For instance, in August 2021, Champion Lubricants launched interior detailer spray (Part #4527) to provide shine to vinyl and plastic surfaces and also protect the car interior.

Regional penetration is one of the main strategic initiatives many silicone-based car care product manufacturers undertake to establish their market position globally. For instance, in June 2020, Turtle Wax, Inc., a global car care product brand, announced its entry into the Indian market. The brand launched its complete range of appearance products for four-wheelers and two-wheelers for every surface, including tires, paintwork, plastic, wheels, and others.

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Silicone In Car Care Products Market Report Highlights

  • The market was valued at USD 216.97 million in 2020 and is estimated to grow at a CAGR of 3.2% from 2021 to 2028
  • The paint preservatives application segment is expected to witness the highest CAGR of 3.9% over the forecast period in terms of revenue. The significant CAGR is attributed to the use of silicones as paint preservatives which extend the lifespan of the coatings used in automobiles and prevent the formation of bubbles on surfaces
  • The increasing consumer awareness regarding vehicle maintenance and repair and growing demand for DIY car care products is expected to drive the market
  • Asia Pacific accounted for more than 40.0% of the overall revenue in 2020. Silicone in car care products market in the region is expected to witness a growth of 3.6% to reach a revenue of USD 128.02 million by 2028
  • In March 2021, Turtle Wax, Inc. introduced announced graphene-based hybrid solutions ceramic paste in India. It is infused with silicon dioxide ceramic and graphene technology to provide water repellency, slickness, excellent gloss, heat dissipation, chemical resistance, and UV protection for maintaining the surface finish of the vehicle.

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

Silicone In Car Care Products Market Segmentation

Grand View Research has segmented the global silicone in car care products market on the basis of product, application, end use, and region:

Silicone In Car Care Products Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Silicone
  • Specialty Silicones

Silicone In Car Care Products Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Paint Preservatives
  • Polishes
  • Spray Wax
  • Leather & Vinyl Care
  • Tire Care Products
  • Plastic Care
  • Others

Silicone In Car Care Products End-user Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • DIY
  • Professional/Commercial

Silicone In Car Care Products Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Silicone In Car Care Products Market

  • 3M
  • CHT Group, Ltd.
  • Evonik Industries AG
  • Dow
  • Momentive Performance Materials Inc.
  • Henkel AG & Co. KGaA
  • Sonax GmbH
  • Wacker Chemie AG
  • Shin-Etsu Chemical Co., Ltd.
  • Armor All
  • MA-FRA S.p.A.
  • LIQUI MOLY GmbH

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.

Wednesday, 8 December 2021

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

 Pipe Insulation Market Growth & Trends

The global pipe insulation market size is expected to reach USD 12.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2021 to 2028. Increasing infrastructure spending in the emerging markets of Asia Pacific and Central and South America is expected to propel market growth.

The price structure of the product varies with respect to production processes and raw materials used. Fluctuating raw material prices result in variations in the prices of thermal insulating materials, thus affecting the suppliers that have integrated themselves across the value chain, thereby enabling them to gain superior control over product pricing.

Growing adoption of cogeneration or Combined Cooling, Heat, and Power (CCHP) technology for electricity generation is expected to drive the product demand. In addition, rising investments in R&D activities to optimize and lower the cost of insulation materials including Polyurethane (PU) and polyisocyanurate are expected to benefit the market.

Key industry participants including Saint-Gobain and Rockwool International A/S, are expanding their geographic presence and customer base through marketing strategies such as mergers and acquisitions. Furthermore, players such as Knauf Insulation and Armacell LLC are integrated across the value chain to gain a competitive advantage.

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Pipe Insulation Market Report Highlights

  • The polyurethane & polyisocyanurate foam segment accounted for the largest revenue share of 23.0% in 2020 on account of high insulating values with low conductivity and a cellular structure that helps in reducing heat transfer by conduction
  • The building & construction application segment is expected to reach USD 4,323.9 million by 2028, owing to the growing number of single-family houses in developing economies and increasing disposable incomes of consumers, thereby driving the demand for residential construction
  • The market in North America is expected to witness a substantial CAGR of 5.1% over the forecast period owing to a positive outlook toward the petrochemical and chemical processing industries in the region
  • The market in China is expected to be driven by the wide utilization of pipe insulation in thermal power generation to prevent heat loss while circulating hot water and steam within the power plant
  • The key market players are engaged in focused cost leadership strategies, where the players compete based on product prices and target narrow markets. In addition, these companies provide additional services/customization to their customers to gain a competitive advantage

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

Pipe Insulation Market Segmentation

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

Pipe Insulation Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Cellular glass
  • Polyurethane & Polyisocyanurate Foam
  • Fiberglass
  • Elastomeric Foam
  • Others

Pipe Insulation Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Industrial
  • Building & Construction
  • District Energy System

Pipe Insulation Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Pipe Insulation Market

  • Armacell
  • Lydall, Inc.
  • Kingspan Group
  • Owens Corning
  • Huntsman International LLC
  • Saint-Gobain Group
  • Rockwool Insulation A/S
  • Johns Manville
  • Knauf Insulation
  • BASF SE
  • Covestro AG
  • Wincell Insulation Co., Ltd.
  • NMC International SA
  • Gilsulate International, Inc.
  • Sekisui Foam Australia
  • Omkar Puf Insulation Pvt. 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.

Australia Legal Cannabis Market is Estimated To Attain USD 375.7 Million by 2028

 Australia Legal Cannabis Market Growth & Trends 

The Australia legal cannabis market size is expected to reach USD 375.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 32.7% from 2021 to 2028. The increasing legalization of cannabis, rising patient population, increasing government support, and the availability of local and international players in the country are some of the major factors boosting the country’s growth. In addition, the surge in medical marijuana production owing to its increasing demand in the pharmaceutical sector is further propelling overall growth. The COVD-19 pandemic has negatively impacted the country’s growth rate due to supply chain restrictions imposed due to nationwide lockdown.

As of 2020, the hemp product type segment held the largest revenue share. The market growth is attributed to the rising adoption of hemp-based products for various medical and industrial purposes. The increasing prevalence of epilepsy and other sleep disorders is aiding the product adoption thereby, positively contributing to the segment growth. On the other hand, the marijuana segment is anticipated to be the fastest-growing segment during the forecast period owing to the increasing legalization of these products for medical and adult use and increasing consumer shift towards purchasing the product through legal channels.

The industrial application segment accounted for the majority share in 2020. Growing demand for hemp fibers and oil in the construction, food and beverage, personal care, automotive, and textile industries is aiding segment growth. On the other hand, the medical application segment is expected to be the fastest-growing segment during the forecast period owing to awareness regarding health benefits offered by cannabis products for various medical applications, including anxiety, chronic pain, sleep disorder, and inflammation.

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Australia Legal Cannabis Market Report Highlights

  • The market is expected to grow well by 2028 owing to the increasing legalization of cannabis in the country
  • The hemp product type segment dominated the market in 2020 due to the increasing adoption of hemp-based products
  • The industrial application segment dominated the market in 2020 owing to increasing demand for hemp-based products for various industrial purposes

Access Press Release@ https://www.grandviewresearch.com/press-release/australia-legal-cannabis-market-analysis

Australia Legal Cannabis Market Segmentation

Grand View Research, Inc. has segmented the Australia legal cannabis market on the basis of product type and application:

Australia Legal Cannabis Product Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Marijuana
    • Flowers
    • Oil and Tinctures
  • Hemp
    • Hemp CBD
    • Supplements
    • Industrial Hemp

Australia Legal Cannabis Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Medical Use
    • Chronic Pain
    • Anxiety
    • Inflammation
    • Sleep Disorder
    • Others
  • Industrial Use

List of Key Players of Australia Legal Cannabis Market

  • Cann Group Ltd.
  • Zelira Therapeutics
  • AusCann Group Holdings Pty Ltd.
  • Bod Australia
  • THC Global Group Limited
  • Althea Group Holdings Limited
  • Ecofibre Limited
  • MGC Pharmaceuticals 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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...