Microneedle Drug Delivery Systems Market to Undertake Strapping Growth By 2028

 Microneedle Drug Delivery Systems Market Growth & Trends 

The global microneedle drug delivery systems market size is expected to reach USD 8.10 billion by 2028, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 5.3% from 2021 to 2028. The growing demand for safer alternatives to the conventional hypodermic injection and increasing awareness regarding minimally invasive and pain-free administration of drugs are expected to boost the market growth. Furthermore, the increasing cases of diabetes are expected to boost the market growth. For instance, according to the International Diabetes Federation (IDF), the number of diabetics has already reached 463 million and is predicted to rise in the next 10 years.

Drug delivery via microneedles is one of the most efficient procedures compared to traditional hypodermic injections. Microneedles are a self-administering platform for transdermal medication delivery that has a high drug bioavailability. The microneedle design and drug formulation can control the dose, delivery rate, and efficacy of the medications. Microneedle also helps reduce or eliminate biohazardous sharps waste. In the coming years, microneedles are expected to have a greater impact on clinical care.

Microneedles are still under development and use a variety of drugs in clinical trials. The majority of studies have shown that this technique produces positive effects. This approach has the potential to be used for therapeutic purposes in a variety of fields. For instance, Carnegie Mellon University is developing a COVID-19 vaccination injection method employing 3D printed hybrid microneedle arrays (Hybrid-MNA). The Hybrid-MNA approach not only allows for lower doses but is also painless and has the potential to be self-administered. These technologies are predicted to enable the production of microneedles at a cheaper cost. Microneedles have a wide range of applications, including vaccine administration, hormonal delivery, cancer therapy, pain management, and cosmetics.

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Microneedle Drug Delivery Systems Market Report Highlights

• The hollow type segment accounted for the largest revenue share in 2020 as they are considered ideal for the use of vaccine and hormonal therapy patients
• The dissolving type segment is expected to grow at the fastest rate during the forecast period as it only requires one step and the microneedle needs not to be removed after insertion
• The metal material segment accounted for the largest revenue share in 2020. Stainless steel and titanium are the most frequently employed metals
• By application, the drug delivery segment dominated the market in 2020. The vaccine delivery segment is expected to register the fastest growth rate during the forecast period due to the increased awareness regarding vaccination among the population
• Asia Pacific is anticipated to expand at the fastest CAGR over the forecast period due to the presence of untapped opportunities in the emerging economies, such as China and India

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Microneedle Drug Delivery Systems Market Segmentation

Grand View Research has segmented the global microneedle drug delivery systems market based on type, material, application, and region:

Microneedle Drug Delivery Systems Type Outlook (Revenue, USD Million, 2016 - 2028)

• Solid
• Hollow
• Dissolving
• Coated
• Others

Microneedle Drug Delivery Systems Material Outlook (Revenue, USD Million, 2016 - 2028)

• Silicon
• Metal
• Polymer
• Others

Microneedle Drug Delivery Systems Application Outlook (Revenue, USD Million, 2016 - 2028)

• Dermatology
• Drug Delivery
• Pain Management
• Cancer Therapy
• Vaccine Delivery
• Others

Microneedle Drug Delivery Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Microneedle Drug Delivery Systems Market

• Raphas
• Novartis International AG
• Becton Dickinson and Company
• Braun
• Nanopass Technologies Limited
• Termo
• Smiths Medical
• Cardinal Health
• 3M

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.

LiDAR Market Forecasted to Grow at Steady Pace During 2020-2027: Grand View Research Inc.

 LiDAR Market Growth & Trends

The global LiDAR market size is expected to reach USD 3.7 billion by 2027, expanding at a CAGR of 13.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing acceptance in environmental mapping, automobile safety application, construction and architectural sectors for monitoring, and 3D-modeling applications arenas is expected to boost the market growth. Furthermore, increasing development and adoption of self-driving cars and trucks is expected to boost the market growth, as Light Detection and Ranging (LiDAR) is one of the key sensing technologies that is required to enable hybrid to full autonomous driving.

The advanced driver assistance systems (ADAS) application segment is expected to grow at a remarkable pace owing to surging incorporation in automotive safety and forward-collision avoidance systems. In U.K., the regulatory authorities have mandated installation of certain automotive safety technologies such as the collision avoidance technologies. The Euro NCAP Advanced aims to provide buyers with clear guidance regarding the safety benefits offered by technologies such as blind spot monitoring, lane support, Autonomous Emergency Braking (AEB), speed alert, attention assist, vision enhancement, and pre-crash sensing. Rising developments in 3D scanning solutions is anticipated to boost the market growth over the forecast period. For instance, in October 2018, Faro Technology, Inc. introduced new airborne LiDAR scanning in partnership with STORMBEE, in order to provide cost effective airborne 3D scanning solution.

Furthermore, growing environmental concerns have enforced governments to establish regulations over the past decade. The authorities have been implementing strategies, activities, and policies to tackle the concerns. The ability to store large LiDAR point files has been a stumbling block for new users however, the technological advancements in spatial resolution of LIDAR-based digital terrain models are providing incredible accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways.

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LiDAR Market Report Highlights

• The LiDAR market is estimated to grow significantly due to automation in industries, leading to reduced human efforts and increased efficiency. Technological superiority of LiDAR in engineering projects of large magnitude is estimated to trigger the demand further
• Airborne systems are expected to remain the dominant product segment over the forecast period on account of the surging adoption of aerial mapping devices
• North America is expected to emerge as one of the leading regional markets owing to rising R&D spending coupled with high adoption in the automotive sector and environmental scanning and modeling operations
• Growing demand in emerging economies, such as India, Japan, and China, is driving the industry growth in the Asia Pacific region. The surge in the demand across the automotive industry is one of the reasons boosting the market demand
• The key industry participants include Velodyne LiDAR, Inc.; Leica Geosystems Holdings AG; Faro Technologies Inc.; Trimble Navigation Limited; and RIEGL USA Inc.
• The current market environment is witnessing an intense competition between the key players for achieving the market domination via product differentiation and enhancement of quality.

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LiDAR Market Segmentation

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

LiDAR Product Type Outlook (Revenue, USD Million, 2016 - 2027)

• Airborne
• Terrestrial
• Mobile & UAV

LiDAR Application Outlook (Revenue, USD Million, 2016 - 2027)

• Corridor Mapping
• Engineering
• Environment
• Exploration
• Advanced Driver Assistance Systems (ADAS)
• Others

LiDAR Component Outlook (Revenue, USD Million, 2016 - 2027)

• Laser Scanners
• GPS
• Navigation (IMU)
• Others

LiDAR Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

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.

Biodegradable Plastic Market Estimated To Flourish By 2027: Grand View Research Inc.

 Biodegradable Plastic Market Growth & Trends

The global biodegradable plastic market size is projected to reach USD 7.6 billion by 2027, rising at a revenue-based CAGR of 9.4% during the forecast period, according to a report by Grand View Research, Inc. Increasing use of biodegradable products, owing to strict governmental laws for prohibiting use of conventional plastics and growing awareness among public toward their ill-effects is boosting the market growth.

Biodegradable plastics are made of renewable raw materials and decompose in the environment within a reasonable period of time. Many of these require biodegradable additives to enhance the biodegradation process and some require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw materials used and environmental conditions such as moisture and temperature.

The starch-based segment led the global biodegradable plastic market, since they are used in various applications such as packaging, consumer electronics, agriculture, automotive, and textiles. Polylactic Acid (PLA) is also one of the most consumed products, which is used in 3D printing, mulch film, and packaging.

Ban on plastics by European Commission is anticipated to drive the packaging segment growth over the forecast period. Novel applications of biodegradable products in the medical sector for drug encapsulation and medical surgeries are also being increasingly practiced.

People across the globe, are facing grave issues of waste as conventional plastics take hundreds of years to decompose. To tackle this issue several countries have banned the use of single-use plastic products and are promoting eco-friendly biodegradable products. Ban of non-reusable conventional plastics in many regions, especially in Europe and North America, is estimated to propel the market demand. Additionally, improving standard of living and increasing disposable income in developing countries are likely to augur well for the market in Asia Pacific and Central and South America.

Key players are investing in research and development activities in order to create improved products that are strong and can be easily decomposed in natural environment. Many companies have integrated value chain to serve customers better and improve company profits.

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Biodegradable Plastic Market Report Highlights

• The Polyhydroxyalkanoate (PHA) segment is projected to expand at a significant CAGR of 10.0% in terms of revenue during the forecast period, owing to increasing use of PHA in medical and other applications
• Packaging is the largest end-use segment, followed by the agriculture sector, owing to replacement of conventional plastics in food packaging such as boxes, wraps, cups, plates
• Europe is the largest region in terms of revenue as well as volume. However, Asia Pacific is expected to emerge as the fastest growing region
• Major players in the biodegradable plastic industry include BASF SE, NatureWorks LLC, Mitsubishi Chemical Corporation, Carbion, and Biome Technologies plc.

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Biodegradable Plastic Market Segmentation

Grand View Research has segmented the global biodegradable plastic market on the basis of type, end use, and region:

Biodegradable Plastics Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Starch-based
• PLA
• PBS
• PBAT
• PHA
• Others

Biodegradable Plastics End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Packaging
• Agriculture
• Consumer Goods
• Others

Biodegradable Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

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. Contraceptive Market Latest Trends, Industry Growth And Forecast To 2027: Grand View Research Inc.

 U.S. Contraceptive Market Growth & Trends

The U.S. contraceptive market size is expected to reach USD 10 billion by 2027 registering a CAGR of 4.3%, according to a new report by Grand View Research, Inc. Improving access and awareness regarding Long-Acting Reversible Contraceptives (LARCs) and the effectiveness and convenience of using these products are expected to drive the growth of the market. The Guttmacher Institute reports 60% of women of reproductive age use contraception in the U.S. Use of hormonal contraceptives other than the birth control pill has significantly increased in married women.

Key market players are actively investing in the clinical pipeline, resulting in high competition and an increase in the quality of contraceptives. In January 2019, Mithra Pharmaceuticals announced the success of Estelle’s phase 3 study conducted in the U.S. and Canada, meeting the primary efficacy endpoint. The efficacy was reported to be similar to a recently FDA-approved Annovera & Lo-Loestrin. In August 2019, Agile Therapeutics, Inc. reported that the company is on track to request FDA approval for Twirla. The company is expected to conduct a review with the U.S. FDA’s advisory committee in October 2019 for Twirla’s New Drug Application.

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U.S. Contraceptive Market Report Highlights

• The prevalence of teenage pregnancies is highest in the U.S. Government initiatives, such as improving sex education and increasing access to contraceptives, is expected to boost the adoption of various birth control methods in the country
• In 2019, the pills segment held the largest market share owing to the convenience of use and easy availability. The contraceptive pills market in the country is highly competitive due to the presence of generic products
• Intrauterine Devices (IUDs) was also among the major product segments in 2019 and will expand further at a steady CAGR from 2020 to 2027 with increasing demand for hormonal IUDs
• The rapid growth of subdermal implants in the U.S. contraceptive market is anticipated in the coming years. The subdermal implants market is highly consolidated with the presence of very few players
• Key companies in this market are focusing more on M&A and product development to gain a competitive edge over others
• In February 2020, TherapeuticsMD, Inc. entered into an agreement with Afaxys Pharma, LLC to increase access to ANNOVERA in the U.S. public health sector
• In February 2020, Agile Therapeutics, Inc. received FDA approval for the sale of Twirla in the U.S.

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U.S. Contraceptive Market Segmentation

Grand View Research has segmented the U.S. contraceptive market on the basis of the product:

U.S. Contraceptive Product Outlook (Revenue, USD Million, 2016 - 2027)

• Pills
• IUD
  • Hormonal IUD
  • Nonhormonal IUD
• Condoms
• Vaginal Ring
• Subdermal Implants
• Injectable
• Others

List of Key Players of the U.S. Contraceptive Market

• Church & Dwight Co., Inc.
• Reckitt Benckiser Group Plc
• Veru, Inc.
• Merck & Co., Inc.
• Pfizer, Inc.
• Teva Pharmaceutical Industries Ltd.
• The Cooper Companies, Inc.
• Mayer Laboratories, Inc.
• Agile Therapeutics
• TherapeuticsMD, Inc.
• Allergan
• Bayer AG
• Afaxys, Inc.
• Mithra Pharmaceuticals
• Blairex Laboratories, Inc.
• Sebela Pharmaceuticals
• Mona Lisa
• Pregna International Ltd.
• Prosan International B.V.
• SMB Corporation Of India
• Abbvie
• MELBEA Innovations Ltd.
• DKT International
• OCON Healthcare

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.

Advanced Ceramic Market Is Expected To Accomplish A Valuation Of Around USD 130.2 Billion By 2027: Grand View Research Inc.

 Advanced Ceramic Market Growth & Trends

The global advanced ceramic market size is expected to reach USD 130.2 billion by 2027 registering a CAGR of 3.7%, according to a new report by Grand View Research, Inc. The rapidly expanding electrical & electronics industry is expected to augment market growth over the forecast period. Moreover, heavy investments in renewable energy and Electric Vehicles (EVs) industries will boost market growth. Unlike traditional ceramics that are made of clay, advanced ceramics are composited by borides, oxides, nitrides, carbides, and others giving the leverage of controlling the chemical composition, crystal structure, and grain size precisely.

The emergence of COVID-19 in the first quarter of FY 2020 had major implications on the market growth owing to suspension in manufacturing operations across major end-use industries, including electronics, automotive, and industrial. In addition, the supply trade was majorly disrupted owing to lockdown. Despite the negative impact of the pandemic on the market growth, the product demand is expected to increase with the surge in investments in the renewable energy sector. Advanced ceramics, owing to their properties, are gaining prominence in the energy sector for producing equipment that requires high-temperature resistance.

Furthermore, the product demand is on the rise from diagnostic equipment applications, which are witnessing rapid demand amid the COVID-19 pandemic. Electrical and electronics was the largest end-use segment in 2019. Advanced ceramics have numerous applications in this segment, in products such as ceramic substrates, circuit carriers, and core materials. Rising demand for high-power electronics from the automotive, optoelectronics, aerospace, and other major industries is expected to drive market growth over the forecast period.

Central & South America is anticipated to witness significant growth over the forecast period on account of increasing investments in the renewable energy sector. For instance, in July 2020, Ibitu Energia announced its plan to invest USD 830 million in renewable energy assets in the coming five years. The market is characterized by the presence of various raw material producers, manufacturers, and distribution partners. Major market players are integrated across different stages of the value chain. The efficiency of advanced ceramics has propelled manufacturers to invest in this market. For instance, in 2016, GE Aviation invested in new plants for advanced ceramics.

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Advanced Ceramic Market Report Highlights

• Asia Pacific is estimated to witness the fastest CAGR of 4.2% during the forecast period on account rising investments in industries, such as EV, medical, and electronics
• The titanate segment is anticipated to register the fastest growth rate during the forecast period owing to the material’s ability to withstand extremely high temperatures of several hundred degrees
• Ceramic matrix composites will be the fastest-growing product segment from 2020 to 2027, owing to the better performance of these products over monolithic
• The automotive end-use industry accounted for a share of more than 12.0% in 2019 owing to rising demand for advanced ceramics in the EV sector

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Advanced Ceramic Market Segmentation

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

Advanced Ceramics Material Outlook (Revenue, USD Million, 2016 - 2027)

• Alumina
• Titanate
• Zirconate
• Ferrite
• Aluminum Nitride
• Silicon Carbide
• Silicon Nitride

Advanced Ceramics Product Outlook (Revenue, USD Million, 2016 - 2027)

• Monolithic
• Ceramic Coatings
• Ceramic Matrix Composites

Advanced Ceramics Application Outlook (Revenue, USD Million, 2016 - 2027)

• Electrical Equipment
• Catalyst Support
• Electronic Devices
• Wear Parts
• Engine Parts
• Filters
• Bioceramics
• Others

Advanced Ceramics End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Electrical & Electronics
• Automotive
• Machinery
• Environmental
• Medical
• Others

Advanced Ceramics Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Advanced Ceramic Market

• 3M
• CeramTec GmbH
• Elan Technology
• Oerlikon Surface Solutions AG
• Ortech Inc.
• Morgan Advanced Materials PLC
• CoorsTek, Inc.
• Kyocera Industrial Ceramics Corp.
• Murata Manufacturing Co. Ltd.
• Saint-Gobain

About Grand View Research

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

Thermal Interface Materials Market Predicted to Witness Steady Growth During the Forecast Period

 Thermal Interface Materials Market Growth & Trends

The global thermal interface materials market size is projected to reach USD 4.1 billion by 2027, expanding at a CAGR of 11.0%, according to a new report by Grand View Research, Inc. Growing demand for electrical and electronic gadgets is anticipated to boost the demand for thermal interface materials over the forecast period.

Increased demand for high specification electronic goods in light of new launches in the field of consumer electronics and technological innovations are likely to support the demand for thermal interface materials. Moreover, growing demand for latest technological gadgets and specialty electronics for high end operations are expected to augment the market in the projected time.

Commercial availability and enhanced performance characteristics of the products to reduce the heat transfer is likely to support the demand. Thermal interface materials are known to conduct more heat than air which it displaces as a substance to fill the imperfection between the physical contacts of solid surfaces. These substances can also be used to extract waste heat generated when a semiconductor electronic device is used to its maximum potential.

Increasing reliance on electronic devices, growing adoption of electric cars, and rising demand for smart devices are anticipated to drive the demand of the product in the estimated time frame. The market is highly competitive in nature as market influencers like high degree of innovation in terms of product development and performance, remarkable impact of e-commerce in the shopping experience, and product substitutes.

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Thermal Interface Materials Market Report Highlights

• The computer application segment registered the highest market share in utilizing the product followed by the telecom sector at over 20.0% in 2019. This is owing to rising reliance on computers and laptops globally for personal and professional use
• The market share for greases and adhesives product in 2019 stood at USD 617.3 million and is expected to witness a CAGR of 10.7% over the projected period owing to their suitable lubrication properties like viscosity, thermal stability, and oxidation resistance
• Asia Pacific was the largest regional segment accounting for 37.5% of the total market share in terms of revenue in 2019 due to the prominence of expansion in the medical and pharmaceutical industry in the emerging economies
• Tapes and films accounted for a revenue of USD 257.9 million in 2019 on account of high demand in the electronic and electrical equipment due to requirements related to heat dissipation
• Key companies operating in the country are involved in the production of advanced materials in order to increase the market share and revenues in the market.

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Thermal Interface Materials Market Segmentation

Grand View Research has segmented the global thermal interface materials market on the basis of product, application and region.

Thermal Interface Materials Product Outlook (Revenue, USD Million, 2016 - 2027)

• Tapes and films
• Elastomeric Pads
• Greases and Adhesives
• Phase change materials
• Metal Based
• Others

Thermal Interface Materials Application Outlook (Revenue, USD Million, 2016 - 2027)

• Telecom
• Computer
• Medical devices
• Industrial machinery
• Consumer Durables
• Automotive Electronics
• Others

Thermal Interface Materials Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Thermal Interface Materials Market

• The 3M Company
• Henkel
• Indium Corporation
• Fujipoly
• The Dow Chemical Company
• Honeywell International Inc.
• SIBELCO
• Shin-Etsu

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.

Floating Solar Panels Market is Estimated to See Strong Expansion Through 2027: Grand View Research Inc.

 

Floating Solar Panels Market Growth & Trends

The global floating solar panels market demand is expected to reach 4690.8 MW by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 28.9% from 2020 to 2027. The technical aspect of floating solar technology is projected to observe substantial growth over the estimated period owing to the growing demand for dependable renewable sources of energy for power generation. Besides, the skill to lessen land cost is likely to boost the demand over the forecast period.

Increasing emphasis by various governments towards the usage of renewable sources of energy for electricity generation, coupled with lesser environmental pollution by decreasing the dependence on fossil fuels, is likely to have an optimistic influence on the market growth over the forecast period.

Decreasing the cost of the panel is leading to the cost of generation per unit at lower rates, which is the main factor to endorse the usage of solar panel technology for electricity generation. Moreover, lack of accessibility of appropriate land areas for the installation of solar panels, coupled with its skill to lower the effect of evaporation rate, is the main factor propelling the market growth over the estimated period.

Tracking floating solar panels are projected to witness considerable growth over the next few years owing to the augmented efficiency of the panels with a tracking technique. Increasing investments in research and development by the panel manufacturers and installers to decrease the cost of the tracking technology are expected to strengthen market growth.

Japan held the largest share in the APAC market in 2019 owing to the lower accessibility of land and promising government initiatives to encourage the usage of renewable energy.

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Floating Solar Panels Market Report Highlights

• By product, stationary floating solar panels accounted for the largest revenue share in 2019
• Asia Pacific accounted for the largest revenue share in 2019 and is projected to grow at a significant rate throughout the forecast period. Japan is expected to account for the maximum share in the regional market in the forthcoming years
• North America is likely to expand at a moderate growth rate during the projected period.

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Floating Solar Panels Market Segmentation

Grand View Research has segmented the global floating solar panels market on the basis of product and region:

Floating Solar Panels Product Outlook (Installed Capacity, MW; Revenue, USD Million, 2016 - 2027)

• Tracking Floating Solar Panels
• Stationary Floating Solar Panels

Floating Solar Panels Regional Outlook (Installed Capacity, MW; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
• Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
• The Middle East & Africa

List of Key Players of Floating Solar Panels Market

• Sulzer Ltd.
• KYOCERA Corporation
• Trina Solar
• Yellow Tropus Pvt. Ltd.
• Wuxi Suntech Power Co., Ltd.
• Yingli Solar
• Ciel & Terre International
• LONGi Solar
• JA SOLAR Technology Co. Ltd.
• Hanwha Group
• Vikram Solar Limited
• GCL-SI
• Talesun
• Pristine Sun Corp.
• Sharp 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.

Aluminum Die Casting Market is Anticipated to Upgrade USD 35.64 Billion Revenue By 2028: Grand View Research Inc.

 Aluminum Die Casting Market Growth & Trends

The global aluminum die casting market size is expected to reach USD 35.64 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2021 to 2028. The growth of the telecommunication sector, coupled with the increasing demand for lightweight materials from the automotive and aerospace industries, is expected to propel the market growth in the coming years.

Die casting is a process performed by forcing molten aluminum into a steel die (mold) under pressure. Based on production process, the market is segregated into pressure die casting and other processes. Pressure die casting is further segmented into high and low, where the former constitutes a larger share owing to its higher production rates. On average, European vehicles consist of 80-100 kilograms of high pressure die casting (HPDC) components. Other types of die casting include vacuum and squeeze, which find use in applications, such as solar sensors and turbine blades.

Aluminum die casting components are extensively used in numerous industries, including transportation, industrial, building and construction, telecommunication, consumer durables, and energy. The transportation industry is anticipated to maintain its lead over the forecast period as it is the key consumer of aluminum die casting. Aluminum die-cast parts are used in general road and sports road transportation, heavy vehicles, and aerospace sectors.

Asia Pacific is anticipated to register the fastest growth rate over the forecast period. Progress in manufacturing activities in developing economies of the region is propelling product demand. For instance, in September 2020, Hyundai Motor began production at its second plant in Vietnam, which is expected to increase the production capacity by 140%.

Rising product demand has led to increased competitive rivalry in the market. Major market players are set to gain a competitive edge and recover their losses from the previous year owing to the pandemic, through means of strategic initiatives such as mergers & acquisitions and increasing production capacities.

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Aluminum Die Casting Market Report Highlights

• Based on application, telecommunication is expected to register the highest CAGR of 6.8% in terms of revenue over the forecast period owing to increasing technological advancements and rising investments in the sector
• In the pressure die casting production process segment, HPDC held the largest revenue share in 2020 and is anticipated to maintain its lead over the forecast period. This can be attributed to the high preference for HPDC among casting manufacturers owing to the high efficiency of the process
• Asia Pacific held the largest revenue share of over 45.0% in 2020 on account of the increasing investments in developing economies pertaining to capacity expansions, especially in the transportation industry
• In North America, the U.S. accounted for a revenue share of over 64.0% in 2020. Rising construction spending, coupled with EV production in the country, is expected to prove fruitful for the market growth during the coming years

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

Aluminum Die Casting Market Segmentation

Grand View Research has segmented the global aluminum die casting market on the basis of production process, application, and region:

Aluminum Die Casting Production Process Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Pressure Die Casting
  • High Pressure Die Casting
  • Low Pressure Die Casting
• Others

Aluminum Die Casting Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Transportation
  • General Road Transportation
  • Sports Road Transportation
  • Heavy Vehicles
  • Aerospace & Aviation
• Industrial
  • Agricultural Equipment
  • Construction Equipment
  • Others
• Building & Construction
• Telecommunication
• Consumer Durables
• Energy
• Others

Aluminum Die Casting Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Aluminum Die Casting Market

• Alcast Technologies
• BUVO Castings
• Chongqing CHAL Precision Aluminium Co., Ltd.
• Consolidated Metco, Inc.
• Endurance Technologies Limited
• FAIST Group
• GF Casting Solutions
• GIBBS
• Martinrea Honsel Germany GmbH
• Madison-Kipp Corporation
• Ryobi Limited

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.

Enhanced Oil Recovery Market Booming Trends and Forecast Assessment for the Period 2020 to 2027

 

Enhanced Oil Recovery Market Growth & Trends

The global enhanced oil recovery market size is expected to reach USD 62.1 billion by 2027, escalating at a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. A growing number of ageing wells witnessing declining production rates coupled with rising government investment in research and development activities is likely to drive the market over the forecast period.

Increasing technological advancements are enabling E&P companies to revive old wells and thus attain optimum production. This trend is estimated to positively influence industry growth. The increasing number of mature wells and investments in R&D activities for new technology development by various market players to improve the oil recovery process will result in the growth of the industry.

Industry participants enter into several strategic collaborations, such as mergers & acquisitions and joint ventures, to expand their foothold across various regional markets and develop economic technologies. The technologies used in enhanced oil recovery (EOR) are mostly in-housed by the companies. To further reduce the overall operational costs, market players procure raw materials, such as nitrogen, carbon dioxide, polymer, and others, from small-scale regional companies.

The COVID-19 pandemic has severely disrupted the oil & gas market with drastically plummeting oil prices resulting in delayed drilling projects. Moreover, the demand for crude oil is anticipated to drop further due to reduced industrial activity and transport. These factors are expected to negatively affect market growth in the near future.

Request a free sample copy or view report summary: Enhanced Oil Recovery Market Report

Enhanced Oil Recovery Market Report Highlights

• The thermal technology segment occupied the largest market share in 2019. Thermal technology lowers the oil viscosity and increases its mobility ratio, thereby enhancing the oil recovery process
• CO2 injection technology is anticipated to be the fastest-growing segment over the forecast period as it helps reduce carbon emissions by utilizing those emissions for refineries and coal-based power plants
• Onshore application segment occupied the largest market share in 2019 owing to the presence of onshore exploration and production projects across the world along with lower conventional extraction costs for onshore oilfields
• North America led the global market in 2019 owing to the presence of a large number of existing and new EOR projects under operation across the region in the U.S. and Canada
• Asia Pacific is expected to witness the fastest growth rate over the forecast period owing to the rise in EOR activities in countries, such as China, Malaysia, Indonesia, and India

Access Press Release@ https://www.grandviewresearch.com/press-release/global-enhanced-oil-recovery-eor-market

Enhanced Oil Recovery Market Segmentation

Grand View Research has segmented the global enhanced oil recovery market on the basis of technology, application, and region:

EOR Technology Outlook (Volume, Million bbl; Revenue, USD Million, 2016 - 2027)

• Thermal
• CO2 Injection
• Chemical
• Others

EOR Application Outlook (Volume, Million bbl; Revenue, USD Million, 2016 - 2027)

• Onshore
• Offshore

EOR Regional Outlook (Volume, Million bbl; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
• Europe
  • Russia
  • The U.K.
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • Oman
  • Saudi Arabia

List of Key Players of Enhanced Oil Recovery Market

• ExxonMobil Corporation
• BP plc
• Royal Dutch Shell plc
• Total SA
• Chevron 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.

Silane Market is Expected to Amplify USD 1.4 Billion Value by 2027: Grand View Research Inc.

 Silane Market Growth & Trends

The global silane market size is expected to reach USD 1.4 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. High demand for silane as an adhesion promoter in the adhesives & sealants segment and as a coupling agent in paints & coatings segment is driving the market globally. The extensive use of the product in various types of paints and coatings used in the building & construction industry has led to a rise in its demand. Companies, such as Shin-Etsu Chemical Co., Ltd., Dow Corning, Momentive Performance Materials Inc., Power Chemicals Corporation, and Wacker Chemie AG, are among the top manufacturers of silane for paints & coatings industry.

Silane is used as an adhesion promoter in the coatings industry and is also used as a crosslinking agent, as well as in pigment treatment. It improves the UV resistance, adhesion, water & chemical resistance, flow behavior, and pigment & filler dispersion of coatings. Silane coupling agents enable the paint to display an enhanced performance. Synthetic elastomers and other coatings face adhesion issues after being exposed to water and moisture. Using silane as an adhesion promoter can eliminate these problems.

The growth of the automotive industry on account of the technological advancements and the rising requirement for silane-based rubber products for tire manufacturing is expected to fuel the market demand globally. Silane is used as a coupling agent between non-black pigments and the polymer backbone in rubber compounding. It allows the rubber to exhibit improved rolling & abrasion resistance, higher compound modulus, and enhanced compression, leading to its usage in tires in the automotive industry.

The automotive industry has been a crucial part of the global economies for many years on account of the presence of multiple international automobile manufacturers across the world. Key multinational automakers including Volkswagen Group, Daimler, Subaru, Hyundai, KIA, Honda Motor Company, Nissan Motor Company, Mitsubishi, Fiat Chrysler Automobiles, Toyota Motor Corporation, Ford Motor Company, and General Motors have been structuring automotive industry on a global scale. The growth of these end-use sectors is anticipated to boost the demand for silane over the forecast period.

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

Silane Market Report Highlights

• Mono/chloro silane is expected to witness the fastest CAGR of 4.6%, in terms of volume, from 2020 to 2027
• This growth is due to increasing demand for the product as an intermediate in the production of ultrapure silicon used in the semiconductor industry and as a protecting agent in the pharmaceutical industry
• Paints & coatings application is expected to be the fastest-growing segment, in terms of volume, from 2020 to 2027, due to high demand from the rapidly growing building & construction sector across emerging economies of Central America and the Asia Pacific
• Asia Pacific is expected to register the fastest growth rate of 4.8%, in terms of volume, from 2020 to 2027 owing to increasing penetration of automobile manufacturers and rising construction projects across China, India, and South Korea
• Key companies focus on research & development activities for product development and process innovation

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

Silane Market Segmentation

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

Silane Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Alkyl Silane
• Sulfur Silane
• Amino Silane
• Vinyl Silane
• Epoxy Silane
• Methacrylate Silane
• Mono/Chloro Silane
• Others

Silane Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Paints & Coatings
• Adhesives & Sealants
• Rubber & Plastics
• Fiber Treatment
• Electronics & Semiconductor
• Others

Silane Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Silane Market

• Gelest, Inc.
• Shin-Etsu Chemical Co. Ltd.
• Nitrochemie Aschau GmbH
• Silar (Entegris)
• Dow Corning
• Evonik Industries
• Wacker Chemie AG
• Power Chemical Corp.

About Grand View Research

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