Optical Coating Market Top Players ,Analysis And Forecast Till 2028: Grand View Research Inc.

 Optical Coating Market Growth & Trends

The global optical coating market size is expected to reach USD 31.4 billion by 2028, registering a CAGR of 9.2% over the forecast period, according to a new study by Grand View Research, Inc. The market is estimated to be driven by the growing smart consumer electronics industry across the globe. Consumer electronic devices include smartphones, tablets, phablets, smartwatches, and smart televisions. Rapid urbanization resulting in changes in consumer lifestyles is expected to create lucrative opportunities for smart consumer electronic devices.

This is projected to lead to increased product utilization as they have a superior optical display and high impact resistance. Asia Pacific is a major market for consumer electronics owing to the presence of a large number of key players. The demand in the region has shifted toward Southeast Asian countries, a trend that is likely to continue over the forecast period. A rising focus on electricity generation through clean sources is also expected to drive product demand. However, the global COVID-19 pandemic is severely affecting the manufacturing industries.

This, in turn, is anticipated to negatively impact the market growth in various applications, such as consumer electronics, automotive, aerospace & defense, solar, and architecture. Moreover, the pandemic led to order cancellations and shipping complications throughout the global industry. The reflective products segment is anticipated to register the fastest CAGR over the forecast period due to the rising usage of these products for roofing applications in the construction industry, as they prevent direct sunlight exposure and reduce overall cooling costs.

There has been a rising demand for both commercial and passenger automobiles in emerging economies like South Africa, Mexico, Brazil, India, and China due to the improving standards of living and population growth. This is projected to benefit the automotive coatings industry, which in turn, is expected to propel the product demand. Furthermore, the increasing need for protection against dust, dirt, UV radiation, and harsh climate is anticipated to drive the product demand in the coming years.

Companies in the market experience fluctuating prices of raw materials, which are driven by factors, such as changes in supplier feedstock costs, inventories, demand and supply factors, and government regulations. Therefore, manufacturers have been focusing on developing technologies for the production of efficient products at low costs. In addition, key players are continuously engaged in the diversification of their existing product portfolio to cater to a large customer base, which ultimately enables a strong foothold in the global market.

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Optical Coating Market Report Highlights

• Asia Pacific dominated the global market in 2020, in terms of revenue, and is estimated to expand further at the fastest CAGR from 2021 to 2028
• Anti-reflective was the largest product segment with a revenue share of over 29% in 2020 due to their high demand from the solar industry
• The solar application segment is expected to witness the fastest CAGR over the forecast period
• Rising demand for solar photovoltaic (PV) cells and emphasis on solar energy production, especially in emerging countries like China, India, and Japan, is anticipated to augment the growth of the solar segment
• In April 2020, Alluxa, a U.S.-based optical coatings and filters manufacturer, launched Ultra Series qPCR filter for integration into medical equipment that performs COVID-19 testing of patient samples

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Optical Coating Market Segmentation

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

Optical Coatings Product Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

• Anti-reflective
• Reflective
• Filter
• Conductive
• Electrochromic
• Others

Optical Coatings Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

• Consumer Electronics
• Solar
• Medical
• Architecture
• Aerospace & Defense
• Automotive
• Telecommunication
• Others

Optical Coatings Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK.
  • Spain
  • The Netherlands
  • Poland
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • Singapore
  • Malaysia
  • Indonesia
  • South Korea
  • Australia
  • Thailand
  • New Zealand
• Central & South America
  • Brazil
  • Argentina
  • Columbia
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Qatar
  • Egypt

List of Key Players of Optical Coating Market

• Alluxa, Inc.
• Cascade Optical Corp.
• Chroma Technology Corp.
• Inrad Optics
• PPG Industries, Inc.
• Schott AG
• Berliner Glas

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.

Interactive Kiosk Market Witness Excellent Revenue Growth During 2022-2030: Grand View Research Inc

 Interactive Kiosk Market Growth & Trends

The global interactive kiosk market size is expected to reach USD 52.74 million by 2030, registering a CAGR of 7.1% over the forecast period, according to a new study conducted by Grand View Research, Inc. Increasing consumer involvement in the purchase process and an extensive focus on customized service delivery by industry players are the major factors driving the adoption of interactive kiosks. The geographical expansion and service enhancement using interactive kiosks enable companies to offer convenient, swift, and hassle-free service to customers with enhanced safety and security. The North American regional market dominated the global market in 2021.

The region’s growth can be attributed to incumbents of the retail and BFSI verticals, who continue to deploy interactive kiosks as part of their efforts to enhance the consumer experience. However, the Asia Pacific regional market is expected to register the fastest CAGR over the forecast period as the retail, hospitality, BFSI, and healthcare verticals continue to grow. Incumbents of these industries continue to emphasize customer engagement. Based on end uses, the market has been further segmented into BFSI, retail, food & beverage, healthcare, government, travel & tourism, and others. Manufacturers have developed multiple self-service kiosks solutions for segments, such as travel & tourism, and healthcare.

These interactive kiosks enable customers to carry out self-check-in/-out in hotels, carry out self-baggage check-in, book tickets, view product information, book appointments, and so on. Stringent regulatory and legal standards, such as the General Data Protection Regulation (EU GDPR), Americans with Disabilities Act (ADA), and UL standards, are the significant challenges impacting the broader adoption of interactive self-service kiosks. GDPR compliance focuses on protecting customers’ private data to enhance safety and prevent unauthorized access to private information. The ADA standards provide access specifications to any public access system for disabled individuals. However, the threat of cyber-attacks and high costs of installation, maintenance, &support may hinder the market growth.

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Interactive Kiosk Market Report Highlights

• The market is technology-driven and rapidly evolving market due to continuous advancements in communication and payment technologies
• This, in turn, has widened the scope of application in various industries, such as retail, banking, hospitality, entertainment, and government
• The declining prices of hardware and improved transaction safety features have led to increased product adoption by various businesses
• Mandatory government regulations regarding data privacy/protection and regulatory standards, such as ADA and UL, will have a major impact on the adoption of interactive kiosks as a service delivery tool
• Asia Pacific regional market is expected to witness the fastest CAGR over the forecast period

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Interactive Kiosk Market Segmentation

Grand View Research has segmented the global interactive kiosk market based on component, type, end-use, and region:

Interactive Kiosk Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Display
  • Printer
  • Others
• Software
  • Windows
  • Android
  • Linux
  • Others (iOS, Others)
• Service
  • Integration & Deployment
  • Managed Services

Interactive Kiosk Type Outlook (Revenue, USD Million, 2017 - 2030)

• Automated Teller Machines (ATMs)
• Retail Self-Checkout
• Self-Service
• Vending

Interactive Kiosk End-use Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Retail
• Food & Beverage
• Healthcare
• Government
• Travel & Tourism
• Others

Interactive Kiosk Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
  • Singapore
  • Thailand
  • Indonesia
  • Malaysia
  • Vietnam
  • Australia
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players of Interactive Kiosk Market

• NCR Corp.
• Diebold Nixdorf AG
• ZEBRA Technologies Corp.
• Advanced Kiosks
• Embross Group
• GRGBanking
• IER SAS

About Grand View Research

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

Plastic Packaging Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Plastic Packaging Market Growth & Trends

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

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

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

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

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

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Plastic Packaging Market Report Highlights

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

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Plastic Packaging Market Segmentation

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

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

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

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

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

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

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

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

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

List of Key Players of Plastic Packaging Market

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

About Grand View Research

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

Infectious Disease In-vitro Diagnostics Market to Penetrate Untapped Regions During 2021 to 2028: Grand View Research Inc.

 Infectious Disease In-vitro Diagnostics Market Growth & Trends

The global infectious disease in-vitro diagnostics market size is expected to reach USD 76.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.9% from 2021 to 2028. This growth is owing to factors such as the increasing prevalence of infectious diseases, the outbreak of COVID-19, growing market penetration of available treatments, and increasing consumer awareness.

Diagnostics for SARS-CoV-2 detection are being continuously launched for catering to markets that have specific regulatory requirements. For instance, in September 2019, Roche launched its CE Marked antibody diagnostic test Elecsys Anti-SARS-CoV-2 S. Thus, the launch of new diagnostics is expected to lead to an increase in demand owing to their usage in the characterization of the vaccine-induced immune response, thereby boosting vaccine development.

Technological advancements, such as the introduction of portable instruments like Cobas 4800 developed by Roche Diagnostics and GeneXpert by Cepheid are expected to drive market growth over the forecast period. Furthermore, increasing use of these systems to develop new tests that can detect infectious diseases is expected to fuel market growth.

An increase in the prevalence of MRSA infection, high consumer awareness, and the presence of high unmet patient needs are some of the factors expected to drive the market during the forecast period. Diagnosis of MRSA infection involves rapid culture methods and molecular techniques for assessment of MRSA colonization. The presence of a large number of diagnostic tests and the introduction of new products, such as LightCycler, TaqMan, RotorGene, and Stratagene, are expected to propel segment growth.

The launch of new products is becoming a key strategy adopted by players, as new SARS-CoV-2 diagnostics are being launched by major players such as BD, bioMérieux SA, and F. Hoffmann-La Roche Ltd. For instance, in March 2020, Abbott launched the RealTime SARS-CoV-2 assay, a PCR-based test for the diagnosis of COVID-19, and BioMedomics launched a PoC COVID-19 test that can detect antibodies in blood within 15 minutes.

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Infectious Disease In-vitro Diagnostics Market Report Highlights

• The reagents segment dominated the overall market majorly driven by the high usage rate
• The molecular diagnostics technology segment accounted for the highest revenue share in 2020. This can be attributed to the usage of PCR test for Covid-19 diagnosis
• The central laboratories segment accounted for a revenue share of around 60.0% in 2020
• North America accounted for the largest revenue share in 2020, driven by a high disease prevalence, rising consumer awareness, proactive government measures, technological advancements, and improvements in healthcare infrastructure
• The market is price-sensitive, creating rigorous competition among players in terms of manufacturing cost-effective and efficient products

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Infectious Disease In-vitro Diagnostics Market Segmentation

Grand View Research has segmented the global infectious disease in-vitro diagnostics market based on product, technology, application, end-use, and region:

Infectious Diseases IVD Product Outlook (Revenue, USD Million, 2017 - 2028)

• Instruments
  • MRSA
  • Streptococcus
  • Clostridium Difficile
  • VRE
  • CRE
  • Respiratory Virus
  • Candida
  • TB and Drug-resistant TB
  • Gastro-intestinal Panel Testing
  • Chlamydia
  • Gonorrhea
  • HPV
  • HIV
  • Hepatitis C
  • Hepatitis B
  • Covid-19
  • Others
• Reagents
  • MRSA
  • Streptococcus
  • Clostridium Difficile
  • VRE
  • CRE
  • Respiratory Virus
  • Candida
  • TB and Drug-resistant TB
  • Gastro-intestinal Panel Testing
  • Chlamydia
  • Gonorrhea
  • HPV
  • HIV
  • Hepatitis C
  • Hepatitis B
  • Covid-19
  • Others
• Services
  • MRSA
  • Streptococcus
  • Clostridium Difficile
  • VRE
  • CRE
  • Respiratory Virus
  • Candida
  • TB and Drug-resistant TB
  • Gastro-intestinal Panel Testing
  • Chlamydia
  • Gonorrhea
  • HPV
  • HIV
  • Hepatitis C
  • Hepatitis B
  • Covid-19
  • Others

Infectious Diseases IVD Technology Outlook (Revenue, USD Million, 2017 - 2028)

• Immunoassay
• Molecular Diagnostics
• Microbiology
• Others

Infectious Diseases IVD Application Outlook (Revenue, USD Million, 2017 - 2028)

• MRSA
• Streptococcus
• Clostridium Difficile
• VRE
• CRE
• Respiratory Virus
• Candida
• TB and Drug-resistant TB
• Gastro-intestinal Panel Testing
• Chlamydia
• Gonorrhea
• HPV
• HIV
• Hepatitis C
• Hepatitis B
• Covid-19
• Others

Infectious Diseases IVD End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Point of care
• Central Laboratories
• Others

Infectious Diseases IVD Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Infectious Disease In-vitro Diagnostics Market

• BD
• bioMérieux SA
• Abbott
• Quidel Corporation
• OraSure Technologies, Inc.
• Hologic, Inc. (Gen-Probe)
• Danaher
• QIAGEN
• Hoffmann-La Roche, Ltd.
• Siemens Healthineers AG
• Bio-Rad Laboratories, 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.

Silicone Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 Silicone Market Growth & Trends

The global silicone market size is anticipated to reach USD 19.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. The rising demand for lightweight automotive materials to decrease the overall vehicle weight and fuel consumption is likely to drive the market over the forecast period. The rising importance of liquid silicone rubber as Liquid Injection Molding System (LIMS) materials in wire harness for inducing indispensable wiring system is also expected to drive the market. Furthermore, the growing demand for electroactive materials in the electrical industry will fuel market growth.

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

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

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

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Silicone Market Report Highlights

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

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Silicone Market Segmentation

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

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

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

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

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

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

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

List of Key Players of Silicone Market

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

About Grand View Research

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

Antimicrobial Additives Market is Anticipated to Upgrade USD 4.7 Billion Revenue By 2028: Grand View Research Inc.

 Antimicrobial Additives Market Growth & Trends

The global antimicrobial additives market size is expected to reach USD 4.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 8.5% from 2021 to 2028. The demand is ascending at a prominent rate owing to increasing product consumption in medical devices & equipment and other end-use industries, such as packaging, food & beverage, healthcare, personal care, and electronic goods. They are majorly utilized to enhance the physical as well as chemical properties, increase shelf life & aesthetic value of materials, and minimize the risk of microbes, such as MRSA and legionella.

The product demand is expected to increase majorly in the healthcare and packaging application industries owing to the Covid-19 pandemic. The continuously rising demand for healthcare and packaging products due to increasing cases of Covid-19 will positively impact the market growth. Asia Pacific is expected to dominate the global market due to the presence of major healthcare product manufacturers in the region.

According to the U.S. Centers for Disease Control and Prevention (CDC), each year about 1 in 25 patients is diagnosed with at least one health-related infection. Medical devices, such as urinary catheters, vascular access devices, or enteral feeding tubes, are particularly susceptible to the colonization of bacteria, which can enter the bloodstream. Thus, medical device manufacturing companies are focusing on using antimicrobial additives for blending with medical device polymers as these additives are highly successful in preventing bacterial colonization on the surface of device components.

On the basis of type, the global market is segmented into organic and inorganic. Inorganic was the prominent segment and accounted for 52.0% of the global revenue share in 2020. The inorganic type segment is expected to witness significant growth due to the high demand for silver-, copper-, and zinc-based additives. Silver-based products are used as antimicrobial agents owing to their properties, such as non-toxicity, continual performance for a long duration, eco-friendly nature, and providing protection against microbial growth.

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Antimicrobial Additives Market Report Highlights

• In terms of revenue, the inorganic type segment accounted for the highest share in 2020 and is expected to expand at the fastest CAGR over the forecast period
• The healthcare end-use segment dominated the global market and accounted for more than 25% of the overall revenue in 2020
• Asia Pacific accounted for the largest revenue share in 2020 and is estimated to register the fastest CAGR from 2021 to 2028
• The growth of the APAC regional market can be credited to the robust manufacturing base of the healthcare and textile industries across China, India, and Japan
• The industry is highly competitive and various strategic initiatives were recorded over the past few years to boost the market growth
• For instance, In November 2019, Sanitized AG partnered with Bodo Moller Chemie for the distribution of its “Sanitized” antimicrobial additives in the Eastern Europe market

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Antimicrobial Additives Market Segmentation

Grand View Research has segmented the global antimicrobial additives market on the basis of type, application, end-use, and region:

Antimicrobial Additive Type Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

• Organic
• Inorganic
  • Silver
  • Copper
  • Zinc

Antimicrobial Additive Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

• Plastics
• Paints & Coatings
• Pulp & Paper
• Others

Antimicrobial Additive End-use Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

• Healthcare
  • Minimally Invasive Medical Products
  • Endotracheal Tubes
  • Wound dressing
  • Surgical drapes
  • Syringes
  • Re-usable Medical items
    • Hospital Bedding
    • Dental trays
    • Beds
    • Hospital gowns
    • Orthopedic devices
    • Laparoscopic Instruments
    • Medical Scrubs
  • Packaging
    • Food Packaging
      • Active Packaging
      • Controlled Release Packaging
    • Non-food Packaging
  • Food & Beverage
    • Bakery Food
    • Beverages
    • Dairy
    • Meat Processing
  • Building & Construction
    • Insulation
    • Faucets & Fixtures
    • Door Hardware
    • Sealants & Grouts
    • Carpet
    • Paints
    • OSB
    • Melamine
    • Others
  • Automotive & Transportation
    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
    • Train
    • Aeroplanes
  • Textile
    • Apparels
    • Home Textiles
    • Footwear
    • Sport Textiles
    • Non-woven
    • Others
  • Consumer Goods
    • Cleaning Products
    • Cosmetics
    • Toys
  • Others

Antimicrobial Additive Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Antimicrobial Additives Market

• NanoBioMatters Industries S.L.
• BASF SE
• RTP Company
• Milliken Chemical
• BioCote Ltd.
• Microban International
• Clariant AG
• PolyOne Corp.
• Momentive Performance Materials, Inc.
• Life Materials Technologies Ltd.
• SteriTouch Ltd.
• Sanitized AG
• Dow, Inc.
• LyondellBasell Industries Holdings B.V.
• Plastics Color Corp.
• Lonza

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.

Synthetic Leather Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Synthetic Leather Market Growth & Trends

The global synthetic leather market size is anticipated to reach USD 57.0 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 7.8% from 2021 to 2028. Increasing product application scope in footwear has been a major factor driving the market growth. In addition, growing importance and awareness about animal rights and stringent laws regarding the usage of real leather are propelling the demand for its synthetic counterpart. Synthetic leather materials offer superior properties, such as high gloss finish, durability, strength, and UV resistance, and easy maintenance. Moreover, products made from faux leather are cheaper and thus, continue to attract consumers, especially from middle- and high-income level groups.

However, in countries, such as Japan, the product is facing competition from Fumikodata, which is a replica of real leather and is a cruelty-free material. Polyurethane (PU) was the largest product category in 2020 and is expected to register the fastest CAGR over the forecast period. Polyvinyl Chloride (PVC) is anticipated to witness sluggish growth on account of its properties, such as sticky finish and low durability. The footwear application segment is expected to observe considerable growth over the upcoming years. Cheaper costs and fluctuating climatic conditions in several regions create the need for different types of footwear.

Rising disposable income levels in emerging regions are also fueling the product demand in the footwear segment. Moreover, the trend of incorporating athletic shoes in daily lifestyle is further augmenting the product demand. Consumer spending in the U.S. and some European countries has slowed down slightly owing to the global recession. However, the footwear industry has witnessed significant growth in the emerging markets due to high product demand from countries, such as China, India, South Korea, Vietnam, Thailand, and other South Asian countries.

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Synthetic Leather Market Report Highlights

• The global market is expected to witness significant growth over the forecast period owing to rising product demand in the footwear and automotive applications
• PU leather emerged as the largest product segment in 2020 and is estimated to generate revenue over USD 35.6 billion by 2028
• Asia Pacific is projected to be the fastest-growing as well as the largest regional market over the estimated period
• The market growth in APAC can be credited to the rapid economic growth across countries, such as India, China, Japan, and Korea
• In addition, the rapid development of the construction and automotive manufacturing industries in APAC is fueling the product demand further
• Countries, such as South Korea, Taiwan, China, and India, are emerging as leading producers in the global market as a result of the availability of relatively cheaper raw materials

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

Synthetic Leather Market Segmentation

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

Synthetic Leather Product Outlook (Volume, Million Meter; Revenue, USD Million, 2016 - 2028)

• PU
• PVC
• Bio-based

Synthetic Leather Application Outlook (Volume, Million Meter; Revenue, USD Million, 2016 - 2028)

• Furnishing
• Automotive
• Footwear
• Bags & Wallets
• Clothing
• Others

Synthetic Leather Regional Outlook (Volume, Million Meter; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Synthetic Leather Market

• Kuraray Co., Ltd.
• R. Polycoats Pvt. Ltd.
• Nan Ya Plastics Corp.
• Teijin Ltd.
• Alfatex Italia SRL

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.

In-vitro Toxicology Testing Market Forecasted to Grow at Steady Pace During 2021-2028: Grand View Research Inc.

 In-vitro Toxicology Testing Market Growth & Trends

The global in-vitro toxicology testing market size is expected to reach USD 51.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.7% from 2021 to 2028. In recent times, the validation and acceptance of in-vitro and alternative testing methods by regulatory agencies are increasing at lucrative pace. Also, ongoing technological advancements to replace the use of animals for toxicology testing purposes have spurred the use of in vitro testing models, in turn, driving the market.

Several governments are taking measures to minimize animal-based test models, forming conducive government policies, and providing funds to support in-vitro models. These factors are expected to create ample growth opportunities for the market. For instance, in November 2019, the U.S. National Institute for Environmental Health Sciences planned to provide funds to small companies for the development of engineered 3D culture or organotypic culture models (OCM) in-vitro systems.

With advancements in high throughput screening, biological screening, and chemical synthesis, the number of publicly available databases containing data related to toxicity; absorption, distribution, metabolism, and excretion (ADME); pharmacovigilance; and drug screening has expanded rapidly. This has enabled scientists to access vast information for toxicity profiling, thereby spurring revenue generation in this market. Several companies offer HTT-based in vitro toxicology analysis, e.g., Solidus Bioscience’s MetaChip Technology, which provides a solution for in vitro toxicology analysis using HTT.

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In-vitro Toxicology Testing Market Report Highlights

• Growing application of 3D-spheroid-cultures, particularly for nanoparticle toxicity testing, resulted in the dominance of the cell culture technology segment in 2020
• Omics technology is anticipated to register lucrative growth over the forecast period as RNA sequencing and shotgun proteomics are increasingly used in research settings
• The cosmetics industry is expected to be the fastest-growing segment in the near future, creating new avenues for the expansion of HTTs across the globe
• The cellular assays segment dominated the market in 2020 owing to advancements in cell-based technologies, including label-free detection and high-content screening
• The potential of cell imaging technologies is combined with high-content cell screening assays and high-throughput assays for the development of multi-parameter assays
• Systemic toxicology emerged as the leading application segment in 2020 as it plays a key role in risk assessment during drug development procedures
• For instance, toxicity testing of systemic immunosuppressive drugs and systemic corticosteroids is important during the development of drugs for ocular inflammatory disease
• The pharmaceutical industry segment dominated the market in 2020 as toxicological testing is a prerequisite step for drug development
• Stringent government regulations regarding animal usage for toxicity analysis in North America have led to an increased adoption rate of in-vitro models
• In Asia Pacific, the market is anticipated to witness the fastest growth rate over the forecast period
• This is due to increasing initiatives by public agencies to encourage acceptance of non-animal test models
• The key participants are involved in collaborations with bioinformatics research firms in order to develop novel in-silicoalgorithms for computational estimation of toxicity of pharmaceutical and chemical products
• Moreover, these market entities are also focusing on entering untapped regions in order to maintain their share in market revenue

Access Press Release@ https://www.grandviewresearch.com/press-release/global-in-vitro-toxicology-testing-market

In-vitro Toxicology Testing Market Segmentation

Grand View Research has segmented the global in-vitro toxicology testing market on the basis of end-use, technology, method, application, and region:

In-vitro Toxicology Testing End-use Outlook, (Revenue, USD Million, 2018 - 2028)

• Pharmaceutical Industry
• Cosmetics & Household Products
• Academic Institutes and Research Laboratories
• Diagnostics
• Chemical Industry
• Food Industry

In-vitro Toxicology Testing Technology Outlook (Revenue, USD Million, 2018 - 2028)

• Cell Culture Technology
• High Throughput Technology
• Molecular Imaging
• OMICS Technology

In-vitro Toxicology Testing Application Outlook, (Revenue, USD Million, 2018 - 2028)

• Systemic Toxicology
• Dermal Toxicity
• Endocrine Disruption
• Occular Toxicity
• Others

In-vitro Toxicology Testing Method Outlook (Revenue, USD Million, 2018 - 2028)

• Cellular Assay
  • Live Cells
    • High Throughput / High Content Screening
    • Molecular Imaging
      • Confocal Microscopy
      • Others
    • Others
  • Fixed Cells
• Biochemical Assay
• In-Silico
• Ex-vivo

In-vitro Toxicology Testing Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
• Middle East Africa (MEA)
  • South Africa

List of Key Players of In-vitro Toxicology Testing Market

• Merck KGaA
• Charles River
• Bio-Rad Laboratories, Inc.
• Abbott
• Thermo Fisher Scientific Inc.
• Catalent, Inc.
• GE Healthcare
• Quest Diagnostics Incorporated
• Eurofins Scientific
• Laboratory Corporation of America Holdings
• Evotec
• Creative Bioarray
• Gentronix
• BioIVT
• SGS SA
• Agilent Technologies.

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.

Viral Vectors And Plasmid DNA Manufacturing Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Viral Vectors And Plasmid DNA Manufacturing Market Growth & Trends

The global viral vectors and plasmid DNA manufacturing market size is expected to reach USD 8.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.8% from 2021 to 2028. The robust pipeline for gene therapies and viral-vector-based vaccines has primarily driven the market.

Amidst the COVID-19 pandemic, the demand for viral vectors has rapidly increased especially in vaccinology. This led to expanding manufacturing capabilities by operating players to meet the growing demand. The application of these vectors in vaccine development has witnessed significant growth in 2020.

Also, an increase in the number of gene therapy-based discovery programs initiated by biotechnology and pharmaceutical companies is expected to drive the demand for scalable production of gene therapy vectors. Owing to this, several private and public agencies are providing funds to accelerate advancements in the manufacturing processes for viral vectors.

Besides, the implementation of single-use technology can lead to significant savings in capital, operating costs, materials, and labor. The use of this equipment will enhance efficiency and improve flexibility, leading to high yields of the final product. Thus, advancements in single-use technology directly impact revenue growth in this space.

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Viral Vectors And Plasmid DNA Manufacturing Market Report Highlights

• The Adeno Associated Virus (AAV) segment accounted for the significant revenue share in 2020. High usage and promising results in gene therapy clinical trialshave boosted its adoption
• Moreover, several biopharma companies are offering their viral vector platform for the development of AAV-based gene therapy products, thereby driving the segment
• The downstream processing segment dominated the market in terms of revenue share. This can be attributed to the availability of advanced purification products
• Owing to the rising demand for cost-effective and scalable manufacturing processes, companies are involved in the development of the upstream cell culture processes
• This is anticipated to result in the notable growth of the upstream processing segment
• The vaccinology segment dominated the market in terms of revenue share in 2020
• The SARS-COV-2 pandemic has supplemented the use of vectors in this segment
• With the active engagement of the research community in the R&D of advanced therapies, research institutes captured the maximum revenue share in the market
• The initiation of several R&D programs by pharmaceutical and biopharmaceutical companies to combat the COVID-19 crisis would further propel market growth
• A rapidly growing pipeline of advanced therapy products for various cancer types has led to lucrative revenue generation in the cancer segment
• North America maintained its dominance in 2020 owing to the high number of entities engaged in offering products and services for viral vector manufacturing in the U.S.
• Furthermore, the remarkable success of viral vector-based Kymriah, Yescarta, and ZOLGENSMA in the U.S. has also contributed to regional dominance
• In Asia Pacific, the market is projected to witness the fastest growth rate owing to industrialization and clinical transformation of gene therapyin the region
• Companies continue to make focused attempts to expand their manufacturing facilities as well as service portfolio to maintain their market presence

Access Press Release@ https://www.grandviewresearch.com/press-release/global-viral-vector-plasmid-dna-manufacturing-market

Viral Vectors And Plasmid DNA Manufacturing Market Segmentation

Grand View Research has segmented the global viral vectors and plasmid DNA manufacturing market on the basis of vector type, workflow, application, end use, disease, and region:

Viral Vectors & Plasmid DNA Manufacturing Vector Type Outlook (Revenue, USD Million, 2017 - 2028)

• Adeno Associated Virus (AAV)
• Lentivirus
• Adenovirus
• Retrovirus
• Plasmid DNA
• Others

Viral Vectors & Plasmid DNA Manufacturing Workflow Outlook (Revenue, USD Million, 2017 - 2028)

• Upstream Processing
  • Vector Amplification & Expansion
  • Vector Recovery/Harvesting
• Downstream Processing
  • Purification
  • Fill-finish

Viral Vectors & Plasmid DNA Manufacturing Application Outlook (Revenue, USD Million, 2017 - 2028)

• Antisense & RNAi
• Gene Therapy
• Cell Therapy
• Vaccinology
• Research Applications

Viral Vectors & Plasmid DNA Manufacturing End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Pharmaceutical and Biopharmaceutical Companies
• Research Institutes

Viral Vectors & Plasmid DNA Manufacturing Disease Outlook (Revenue, USD Million, 2017 - 2028)

• Cancer
• Genetic Disorders
• Infectious Diseases
• Others

Viral Vectors & Plasmid DNA Manufacturing Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Viral Vectors And Plasmid DNA Manufacturing Market

• Merck KGaA
• Lonza
• FUJIFILM Diosynth Biotechnologies
• Cobra Biologics
• Thermo Fisher Scientific
• Waisman Biomanufacturing
• Genezen laboratories
• YPOSKESI
• Advanced BioScience Laboratories, Inc. (ABL)
• Novasep Holdings S.A.S.
• Orgenesis Biotech Israel Ltd
• Vigene Biosciences Inc.
• General electric company (GE Healthcare)
• pharmaceuticals GMBH
• Batavia Biosciences
• Biovion Oy
• Wuxi Apptec Co Ltd
• VGXI Inc.
• Catalent Inc.
• Miltenyi Biotec GmbH
• SIRION Biotech GmbH
• Virovek Incorporation
• BioNTech IMFS GmbH
• VIVEbiotech S.L.
• Creative Biogene
• Vibalogics BmbH
• Takara Bio Inc.
• Cell and Gene Therapy Catapult Bluebird Bio Inc.
• Addgene Inc.
• Aldevron LLC
• Astellas Pharma Inc.
• BioMarin Pharmaceutical
• RegenxBio, 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.