Pediatric Dental Market Booming Trends and Forecast Assessment for the Period 2021 to 2028

 Pediatric Dental Market Growth & Trends

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

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

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

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

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Pediatric Dental Market Report Highlights

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

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Pediatric Dental Market Segmentation

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

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

• Primary
• Permanent

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

• Dental Caries
• Enamel Disorders
• Others

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

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

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

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

List of Key Players of Pediatric Dental Market

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

About Grand View Research

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

Global Demand for Vitrectomy Devices Market Increasing in Most Part of World 2028

 Vitrectomy Devices Market Growth & Trends

The global vitrectomy devices market size is expected to reach USD 1.7 billion by 2028. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. The growing prevalence of diabetes is expected to drive the probability of diabetic retinopathy, thus, contributing to market growth. Additionally, the growing demand for vitrectomy due to its associated advantages for providing support to other ophthalmic surgeries is also expected to boost the market growth.

Ophthalmic diseases are seen prevalent in the elderly population. The growing geriatric population is expected to drive the market and the need for vitrectomy devices. As per the National Institute on Aging (NIA), the elderly population is expected to reach 72.0 million people by 2030, which may drive the prevalence of ophthalmic disorders. In addition to this, an increasing number of hospital admissions for retinal surgeries such as vitrectomy is expected to drive market growth. Moreover, hospitals have also installed vitrectomy devices to enhance vitreoretinal surgery procedures.

COVID-19 is expected to negatively impact the market in 2020. This is due to the reduction in medical setting visits for ophthalmic care to avoid the spread of infection. Additionally, people with COVID have to experience ophthalmic problems like conjunctivitis, which in turn, is causing hindrance among the medical professionals to perform general ophthalmic surgeries. However, the development of government guidelines to provide constant and effective medical care including ophthalmology may boost market growth during the forecast period.

The risks associated with vitrectomy are also expected to hinder the market growth. Patient undergone vitrectomy has a high probability of generating cataract after few years, thus, negatively impacting its adoption. Additionally, the lack of professional ophthalmologists to understand the operations of advanced vitrectomy devices with multiple functionalities may also pose a threat to the market.

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Vitrectomy Devices Market Report Highlights

• The vitrectomy machines held the largest revenue share in 2020 owing to the development of advanced machines with features such as small gauge size, and intraocular pressure control
• The vitrectomy packs segment is expected to grow at the fastest rate during the forecast period owing to its growing adoption for various indications
• The retinal detachment application segment is expected to grow at the fastest rate over the forecast period owing to the growing prevalence of high myopia. Patients with high myopia have a larger probability of developing retinal detachment
• The ambulatory surgical centerssegment is expected to exhibit the highest growth rate during the forecast period due to its reduced costs and shorter wait time
• In Asia Pacific, the market is expected to grow at the highest rate due to the maximum cases of diabetic retinopathy in the region and the presence of a large patient pool

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Vitrectomy Devices Market Segmentation

Grand View Research has segmented the global vitrectomy devices market based on product, application, end-use, and region:

Vitrectomy Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

• Vitrectomy machines
• Vitrectomy packs
• Photocoagulation lasers
• Illumination devices

Vitrectomy Devices Application Outlook (Revenue, USD Million, 2016 - 2028)

• Diabetic retinopathy
• Retinal detachment
• Macular hole
• Vitreous hemorrhage
• Others

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

• Hospitals
• Ophthalmic Clinics
• Ambulatory Surgery Centers

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

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

List of Key Players of Vitrectomy Devices Market

• Alcon Inc.
• Bausch & Lomb Incorporated
• BVI
• NIDEK CO., LTD. 
• Johnson & Johnson Vision Care, Inc. 
• Blink Medical
• Topcon Corporation         
• Carl Zeiss Meditec AG
• Hoya Surgical Optics

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.

Plastics in Consumer Electronics Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 Plastics in Consumer Electronics Market Growth & Trends

The global plastics in consumer electronics market size is expected to reach USD 7.70 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.8% from 2021 to 2028. Increasing demand from the smartphone & wearable products industry is anticipated to fuel the demand for plastics in consumer electronics. The smartphone market offers opportunities for usage of a variety of plastic resins, such as Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), and Polymethyl Methacrylate (PMMA), as they are used for manufacturing housings for electronic devices, mounting frames, display frames, and vibration cushions that are lightweight and durable.

Proximity to raw material suppliers and low labor costs are attracting consumer electronics manufacturers in China. The presence of several key consumer electronics manufacturers is anticipated to create significant demand for plastics. Furthermore, increasing demand for appliances in India is anticipated to boost product demand across the electronics industry. In addition, rapid urbanization is expected to propel the demand for mobile phones, laptops, television, and other electronic appliances across India.

Metal alloys have been vastly used for manufacturing electronic components. Alloys are preferred due to their durability and better heat-conducting property. For example, aluminum alloys of grade 7000 series and 6000 series are used mainly in the chassis of laptops or sometimes for their entire casing. For instance, the bottom chassis of Apple’s Mac book is made up of aluminum. iPhone and iPad bodies are made of aluminum alloys as well.

The technology lifespan of consumer electronics is less as post the launch of the product, the competitors undergo reverse engineering processes to develop a similar or updated version of the technology. Hence, the older versions of products are often discarded by consumers. With the growth of technologically advanced equipment, there is no significant system to manage the discarded old products, which has resulted in the growth of e-waste.

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Plastics in Consumer Electronics Market Report Highlights

• In terms of revenue, the PC product segment accounted for the largest share in 2020 and is projected to expand further at a steady CAGR over the forecast period
• The laptop monitors enclosures segment dominated the market and accounted for more than 22% of the overall revenue share in 2020
• In 2020, the Asia Pacific region accounted for the maximum revenue share of the global market and will expand further at the fastest CAGR from 2021 to 20208
• This growth is credited to the presence of a well-established manufacturing base for electrical & electronics in China, Japan, and South Korea
• Major players are continuously working on developing bio-degradable polymers owing to the rising environmental concerns
• For instance, in November 2020, SABIC announced the expansion of its product portfolio of Cycoloy & Lexan PC resins with high Post-Consumer Recycled (PCR) materials for application in consumer electronics, such as laptops, copiers, printers, adapters, and chargers for improving plastic recyclability

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Plastics in Consumer Electronics Market Segmentation

Grand View Research has segmented the global plastics in consumer electronics market based on product, application, and region:

Plastics in Consumer Electronics Product Type Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Polycarbonate (PC)
• Liquid Crystal Polymer (LCP)
• Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) Glass Filled Resin
• Bio-based Polycarbonate
• Thermoplastic Elastomers (TPE)
• Polyamides (PA)

Plastics in Consumer Electronics Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• TV Frames
• Laptop Monitor Enclosures
• LCD Panels
• Portable Hand-held Devices
• Wearables
• Mobile Phone Bodies
• Appliances & White Goods
• Others

Plastics in Consumer Electronics Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

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

List of Key Players of the Plastics in Consumer Electronics Market

• Trinseo S.A.
• Covestro AG
• Celanese Corp.
• SABIC
• Lotte Chemical Corp.
• LG Chem
• Mitsubishi Chemical Corp.
• SAMSUNG SDI Co., Ltd.
• Koninklijke DSM N.V.
• Kuraray Co., Ltd.
• Qingdao Gon Science & Technology Co., Ltd.

About Grand View Research

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

Ultrasonic Electrosurgical Devices Market Estimated to Experience a Hike in Growth by 2028: Grand View Research Inc.

 Ultrasonic Electrosurgical Devices Market Growth & Trends 

The global ultrasonic electrosurgical devices market size is expected to reach USD 5.45 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.04% from 2021 to 2028. The rising volume of surgical procedures owing to the growing prevalence of chronic diseases, rising adoption of minimally invasive surgeries, and developments in minimally invasive surgical techniques, including laparoscopy, have resulted in the development of ultrasonic electrosurgical devices by major market players. This is expected to contribute to the market growth. The presence of a large number of players and the growing number of strategic initiatives by the players to enhance their product portfolios are expected to boost the market growth.

The rising prevalence of various types of cancer such as breast cancer, colon cancer, prostate cancer, and lung cancer is anticipated to boost the demand for ultrasonic electrosurgical devices for the treatment and surgery of various tumors in the body. Cancer is considered a universal healthcare problem as it is one of the leading causes of death. Furthermore, the increasing incidence of cancer across the globe is predicted to boost the demand for ultrasonic electrosurgical devices. Thus, the growing prevalence of cancer throughout the globe is projected to create high growth opportunities for the market players over the forecast period.

A large number of surgical procedures are performed around the world. According to OMICS International Conferences, 2015, around 234 million surgical procedures are performed annually. According to the Agency for Healthcare Research and Quality (AHRQ), in 2012, 14.4 million hospital visits resulted in invasive, therapeutic surgeries, of which 46.9% surgeries were performed in inpatient settings and 53.1% were performed in ambulatory settings across 28 states in the U.S. This is expected to positively influence the demand for ultrasonic electrosurgical devices in the coming years. Several manufacturers are focusing on developing technologically advanced ultrasonic electrosurgical devices to maintain a strong market presence.

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Ultrasonic Electrosurgical Devices Market Report Highlights

• Based on product, ultrasonic electrosurgical consumables accounted for the largest revenue share in 2020. They are generally disposable and have low durability compared to the ultrasonic electrosurgical generators
• By type, the high-intensity focused ultrasonic (HIFU) ablators segment held the largest share in 2020. This is attributed to the factors such as lowered toxicity as compared with the other techniques of ablation, minimal pain due to non-invasiveness, and low cost of procedure than surgery
• On the basis of application, the cardiology segment held the largest share in 2020. The increasing prevalence of cardiovascular diseases globally is anticipated to boost the segment growth
• The hospitals end-use segment is predicted to expandat the fastest growth rate over the forecast period due to the increasing number of patient visits and advanced infrastructure in hospitals as compared to other healthcare facilities
• North America dominated the market in 2020 and is predicted to maintain its lead over the forecast period. This is attributed to the increasing number of preventive surgeries and the growing burden of chronic disorders, such as cancer, diabetes, and autoimmune diseases

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Ultrasonic Electrosurgical Devices Market Segmentation

Grand View Research has segmented the global ultrasonic electrosurgical devices market on the basis of product, type, application, end use, and region:

Ultrasonic Electrosurgical Devices Product Outlook (Revenue, USD Million, 2017 - 2028)

• Generators
• Consumables

Ultrasonic Electrosurgical Devices Type Outlook (Revenue, USD Million, 2017 - 2028)

• High-intensity Focused Ultrasonic (HIFU) Ablators
• Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators
• Ultrasonic Surgical Ablation Systems
• Shock Wave Therapy Systems

Ultrasonic Electrosurgical Devices Application Outlook (Revenue, USD Million, 2017 - 2028)

• Cardiology
• Gynecology
• General Surgery
• Urology
• Bariatric Surgery
• Others

Ultrasonic Electrosurgical Devices End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Hospitals
• Ambulatory Surgical Centers
• Others

Ultrasonic Electrosurgical Devices Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Ultrasonic Electrosurgical Devices Market

• Ethicon - Endo-Surgery
• Olympus Corporation
• Medtronic
• Misonix Inc.
• BOWA-electronic GmbH
• Söring GmbH
• Advanced Instrumentations
• Reach Surgical
• ITALIA MEDICA SRL
• SonaCare Medical
• Miconvey

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. Self-checkout Systems Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 U.S. Self-checkout Systems Market Growth & Trends

The U.S. self-checkout systems market size is anticipated to reach USD 2.97 billion by 2028, expanding at a CAGR of 11.3% from 2021 to 2028. The strong emphasis retailers are putting on providing self-checkout solutions as part of the efforts to improve purchase efficiency, enhance the consumer experience, and serve a larger customer base is expected to drive the growth of the market over the forecast period. The blend of cash and cashless features offered by the latest self-checkout solutions, which can potentially allow retailers to tailor their checkout experience to the changing consumer preferences, also bodes well for the growth of the market.

Self-checkout solutions, also known as self-service kiosks, are automated systems deployed in offline stores to help in-store buyers in shopping, ordering, and transacting without any intervention from the employees or staff of the stores. The popularity of self-checkout solutions is growing as the retail industry is evolving continuously and adapting to the changing shopping habits of consumers. The growing preference of consumers for cashless transactions is prompting store owners to install cashless checkout stores to allow customers to shop, order, and transact at their convenience without having to wait in a queue. For instance, in January 2020, Weis Markets, Inc., a grocery chain based in the U.S., deployed Toshiba Global Commerce Solutions’ latest self-checkout solution across the majority of its 198 locations.

The outbreak of the COVID-19 pandemic took its toll on the U.S. market for self-checkout systems in 2020 as the demand for self-checkout systems plummeted while the adoption of contactless solutions gained traction in the wake of the social distancing norms. Although several stores and outlets implemented self-checkout systems to ensure a safe and convenient interface for customers to order and buy food and groceries, the demand for self-checkout systems plummeted as a result of the temporary closure of retail stores, restaurants, hotels, and transportation facilities in line with the restrictions imposed by the government as part of the efforts to arrest the spread of coronavirus. Nevertheless, the market has been gaining traction since the beginning of 2021 and is expected to witness significant growth over the forecast period as the restrictions are relaxed and the situation normalizes gradually.

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U.S. Self-checkout Systems Market Report Highlights

• The systems segment dominated the market in 2020 owing to the growing preference among the operators of supermarkets, hypermarkets, and convenience stores to install cashless self-checkout systems to attract more customers and facilitate quick checkout
• The cashless-based self-checkout systems segment is expected to expand at a CAGR of more than 11% over the forecast period in line with the growing preference among customers for digital payment options and card-based transactions
• The supermarkets and hypermarkets segment dominated the U.S. market in 2020 as supermarkets and grocery stores continued to invest aggressively and installed self-checkout systems as part of their respective in-store transformation projects
• Key vendors operating in the market are focused on strengthening their customer pool, using several product launches and new product developments

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U.S. Self-checkout Systems Market Segmentation

Grand View Research has segmented the U.S. self-checkout systems market based on component, type, and application:

U.S. Self-checkout Systems Component Outlook (Revenue, USD Million, 2018 - 2028)

• Systems
  • Hardware
  • Software
• Services

U.S. Self-checkout Systems Type Outlook (Revenue, USD Million, 2018 - 2028)

• Cash-based Self-checkout Systems
• Cashless-based Self-checkout Systems

U.S. Self-checkout Systems Application Outlook (Revenue, USD Million, 2018 - 2028)

• Supermarkets & Hypermarkets
• Department Stores
• Convenience Stores
• Others

List of Key Players of U.S. Self-Checkout Systems Market

• NCR Corporation
• Toshiba Global Commerce Solutions
• Fujitsu
• Diebold Nixdorf, Incorporated
• Posiflex Technology, Inc.
• Glory Global Solutions (International) Limited
• Deltrix Kiosks
• Acrelec
• Clientron
• Gilbarco 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.

Industrial Insulation Market Poised to Expand at a Robust Pace of USD 10.79 Billion Over 2027: Grand View Research Inc.

 The global industrial insulation market size is expected to reach USD 10.79 billion by 2027, expanding at a CAGR of 5.1% over the forecast period, according to a new report published by Grand View Research, Inc. Benefits of insulation systems, such as equipment protection and increased system efficiency are anticipated to drive the demand.

Insulation protects industrial appliances from fire hazards, prevents the condensation of moisture on the equipment, and protects the equipment at extremely low or high temperatures leading to reduced accidental risks. In addition, it also helps in lowering the manufacturing and energy cost leading to an increased adoption of industrial insulation.

Fluctuations in the crude oil prices are anticipated to result in uncertainty in the prices of the raw materials derived from petrochemicals, which increases the bargaining power of the suppliers. The volatile raw material prices are anticipated to restrict the market growth in the forthcoming years.

The market exhibits a degree of integration, where raw material suppliers such as Knauf Insulation and Armacell LLC are trying to integrate for manufacturing insulation materials. In addition, market players such as Rockwool Technical insulation, Paroc Group, and Knauf Gips KG have created a wide range of product portfolio to gain higher market share.

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https://www.grandviewresearch.com/industry-analysis/industrial-insulation-market

Further key findings from the report suggest:

• Stone wool accounted for the highest market share of 22.8% in 2019 as it is increasingly used in maintaining energy efficiency and provides fire protection with good acoustics
• The pipe insulation product segment accounted for USD 3.34 Billion in 2019 and is estimated to expand at a CAGR of 5.7% from 2020 to 2027 on account of its growing use for applications such as heat conservation, fireproofing, and soundproofing
• Power generation application segment is projected to expand at a CAGR of 5.5% from 2020 to 2027 owing to the increasing demand for insulation materials in the thermal power generation industry to minimize the energy losses
• Asia Pacific is expected to witness the highest growth over the forecast period and reach USD 3.02 billion in 2027 on account of the rising adoption of insulation materials in oil and gas and manufacturing industry
• Europe industrial insulation market accounted for USD 2.51 billion in 2019 and is estimated to expand at a CAGR of 4.7% from 2020 to 2027 owing to the presence of stringent regulatory norms pertaining to the use of industrial insulation materials

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

Industrial Insulation Material Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Stone Wool
• Glass Wool
• CMS Fibers
• Calcium Silicate
• Cellular Glass
• Foamed Plastic
• Elastomeric Foam
• Perlite
• Aerogel
• Cellulose
• Micro Silica
• Others

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

• Pipe
• Board
• Blanket
• Others

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

• Power Generation
• Petrochemical & Refineries
• EIP Industries
• LNG/LPG
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Poland
  • Spain
  • Italy
  • Benelux
  • Nordic
  • CIS
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
• Central & South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • GCC
  • Turkey

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.

Specialty Carbon Black Market is Expected To Reach $4.0 Billion by 2027| Key participants Atlas Organic Pvt. Ltd.

 

Specialty Carbon Black Market Growth & Trends

The global specialty carbon black market size is projected to reach USD 4.0 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc. The growing use of the product in photographic containers, agriculture mulch film, stretch wrap, industrial bags, refuse sacks, thermoplastic molding applications for electrical/electronics, household appliances, automotive, and blow-molded containers is estimated to contribute to the market growth. Specialty carbon black and graphite powders are used as additives in the electrode to improve the electrical conductivity in lithium-ion batteries.

It exhibits superior properties, such as good electrical conductivity, good stability at higher voltage, less solvent, and improves adhesion. It has a wide range of applications, such as micro-hybrid vehicles, grid storage, telecom, E-bike, and mild hybrid vehicle. It provides conductive and electrical antistatic properties to many plastics products ranging from insulation material to highly conductive areas. Lithium-ion batteries encompass cathode constituents, which allow the flow of electrons, to charge the battery. By totaling the percentage of specialty carbon black in lithium-ion batteries to 20%, which leads to the charging of cathode particles more rapidly concerning the uniform carbon connectivity with s high ratio of carbon black.

The product is mainly formulated through five main processes including furnace black, channel process, lamp black, thermal black, and acetylene black process. In all these processes, raw material differs from petroleum or coal oil to natural gas and acetylene gas. Product manufacturing in North America is mainly reliant on natural gas, which is accessible at a comparatively low cost in that region. Fluctuation in crude oil prices is because of seasonal variations, supply-demand imbalances, and political instability. Worldwide crude oil prices have been observing austere fluctuations in the recent past.

Social disturbance in key crude oil manufacturing regions including Venezuela, Nigeria, Iran, Iraq, and Libya have negatively impacted the crude oil supply, thus generating inelasticity in supply and demand balance. These factors are short-lived in the market causing immediate fall and rise in prices. However, major market players are initiating strategic alliances and increasing their production capacities to meet rising global demand and utilize low feedstock costs over recent years.

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Specialty Carbon Black Market Report Highlights

• Conductive carbon black grade is expected to witness the fastest CAGR of 5.8%, in terms of volume, from 2020 to 2027
• This growth is attributed to their increasing demand in the manufacturing of cost-efficient electrically conductive plastic compounds
• Food contact grade is also expected to register a high growth rate, in terms of volume, from 2020 to 2027 due to their increasing usage in packaging, films & sheets, and plastic molded goods in the food industry globally
• Asia Pacific is projected to reflect the fastest growth rate of 6.4%, in terms of volume, from 2020 to 2027
• High demand for conductive polymersin applications including capacitors, textiles, actuators, batteries, solar cells, and sensors across countries, such as China, South Korea, and India, is estimated to drive the market in the Asia Pacific
• Multinational chemical companies, such as Evonik Industries, Sid Richardson, and Mitsubishi, are integrated throughout the value chain from feedstock manufacturing to carbon black production

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Specialty Carbon Black Market Segmentation

Grand View Research has segmented the global specialty carbon black market on the basis of grade and region:

Specialty Carbon Black Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Conductive Carbon Black
  • Conductive Polymers
  • Paints & Coatings
  • Battery Electrodes
  • Printing Inks
  • Others
• Fiber Carbon Black
  • Polyester Fiber
  • PP Masterbatches
  • Nylon Textiles
  • Other Synthetic Fibers
• Food Contact Carbon Black
  • Packaging
  • Film & Sheet
  • Consumer Molded Parts
  • Others
• Other Carbon Black

Specialty Carbon Black Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Specialty Carbon Black Market

• Cabot Corp.
• Birla Carbon
• Tokai Carbon Co. Ltd.
• Continental Carbon Company
• Omsk Carbon Group

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.

Expansion of Wax Market During 2022– 2030 to Gain Robust Traction: Grand View Research Inc.

 Wax Market Growth & Trends

The global wax market size is expected to reach USD 14.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2020 to 2030. The growth is majorly driven by growing inclusion of wax as a performance additive in the plastics industry on account of its rising utilization as water and solvent-based mold release agent. Wax has become one of the critically utilized materials globally with widespread application across multiple industries. It is used in the automotive industry for vehicle polishing, hair removal, packaging applications, and as an additive in the food industry.

In addition, it is used in paints and coating industry and printing ink application. Rising demand in various applications, including candles, rubber and plastic processing, cosmetic and toiletries, fire logs, building boards, is likely to propel overall growth in the coming years. High consumption of wax owing to its advantage including UV resistance, anti-caking, excellent insulation, is expected to augment market growth. The stringent COVID-19 lockdown in 2020 induced a downward trend in the market. The recovery in the industrial businesses and activities in the second half of 2020 moderately improved the demand. Additionally, the festive season in the final quarter of 2020 improved the demand from different industries including candles, cosmetics, and packaging. 

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Wax Market Report Highlights

• The synthetic wax segment accounted for the fastest CAGR of 4.5% over the forecast period, owing to a significant increase in application across lotion, shampoo, foundation, lipstick, and other personal care products
• The cosmetics and toiletries application segment accounted for the highest CAGR of 4.8% over the forecast period considering the growing inclusion of product in formulation of creams and moisturizers. In addition, above average living standards and new product innovation are expected to propel the demand
• Asia Pacific accounted for the highest CAGR of 4.7% over the forecast period which can be traced to growing construction activities, mainly in economies such as China and India. Moreover, technological developments in Korea and Japan have spurred the growth of adhesives
• The market’s value chain comprises raw materials suppliers, product manufacturers, distribution channels, and application industry. Depending upon the type, wax formulation requires timely procurement of key feedstocks which includes lubricating oils, base oils, and bee’s milk. Product prices are highly impacted depending on the availability of these feedstocks
• The industry is made up of large and medium-sized players. The small players are either suppliers or distributors. Companies are working on strategies that can harness their internal strategic advantage and position according to the end-use segment growth 

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

Wax Market Segmentation 

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

Wax Product Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Mineral Wax
• Synthetic Wax
• Natural Wax

Wax Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Candles
• Packaging
• Plastic & Rubber
• Pharmaceuticals
• Cosmetics & Toiletries
• Fire Logs
• Adhesives
• Others

Wax Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Wax Market

• Sinopec Corp
• China National Petroleum Corporation
• HollyFrontier Corporation
• BP P.L.C
• Nippon Seiro Co., Ltd
• Baker Hughes Company
• Exxon Mobil Corporation
• Sasol Limited
• The International Group, Inc.
• Evonik Industries AG
• BASF SE
• Dow
• Honeywell International Inc.
• Royal Dutch Shell P.L.C
• Mitsui Chemicals, 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.

Roofing Materials Market Latest Innovations, Drivers and Industry Key Events 2020– 2027: Grand View Research Inc.

 The global roofing materials market size is expected to reach USD 151.2 billion by 2027, registering a CAGR of 3.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing product application in residential and commercial construction activities is projected to drive the growth.

Rising focus on construction of green, energy-efficient buildings leads to an increased demand for roofing materials. Furthermore, the durability associated with the variety of roofing materials such as asphalt shingles, metal roofs, and concrete and clay tiles is expected to have a positive impact on the market growth over the forecast period.

A wide variety of roofing materials is available, depending on the aesthetic, structural, and economic requirements of consumers. Over the past few years, roofing structures have emerged as an architectural trademark, which along with being eco-friendly, are also visually attractive, reasonably priced, and structurally sound.

The market is characterized by a long-term relationship between customers and manufacturers and high brand loyalty. Major industry participants are focusing on enhancing their market share by expanding their product portfolio and focusing on improving product quality.

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https://www.grandviewresearch.com/industry-analysis/roofing-materials-market

Further key findings from the report suggest:

• In Asia Pacific, the demand for roofing materials market in residential application is expected to register a CAGR of 3.1% in terms of value over the forecast period, owing to the growing population and the subsequent rise in demand for housing structures
• In China, the metal roof segment is expected to attain a market share of 27.5% by 2027 in terms of value owing to rising product application in the rapidly growing industrial sector in the country
• In U.S., the asphalt shingles segment was valued at approximately USD 5.0 billion in 2019 on account of their resistance to fire damage and algae growth, along with lower cost, long lifecycle, and ease of installation
• The concrete and clay tiles segment in Europe is expected to register a CAGR of 2.8% in terms of value over the forecast period on account of increasing adoption of eco-friendly construction materials supported by the regulatory framework in the region
• The non-residential application segment in the Middle East and Africa market was valued at USD 4.8 billion in 2019 due to rising investments for the construction of offices, hotels, and restaurants
• Industry players are focusing on increasing their market share by expanding their product portfolio and providing a wide range product choice in terms of color and texture to customers.

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

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

Roofing Materials Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Asphalt Shingles
• Concrete & Clay Tile
• Metal Roofs
• Plastics
• Others

Roofing Materials Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• Residential
• Non-residential

Roofing Materials Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
• 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.

Automotive Powertrain Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Automotive Powertrain Market Growth & Trends

The global automotive powertrain market size is expected to reach USD 1,125.66 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 11.6% from 2021 to 2025. The increasing demand for environment-friendly vehicles and increasingly stringent government regulations regarding vehicular emission are expected to favor the demand for automotive powertrains in the market. Moreover, technological advancements in powertrain systems to enhance the vehicle's efficiency are anticipated to boost market growth prospects over the forecast period.

The adoption rate and pace of evolution of automotive powertrain vary across regions according to purchase subsidies, regulatory differences, road pricing, fuel taxation policy, state support, and consumer preferences. In Europe and countries such as China, South Korea, and Japan, stringent regulations are expected to make OEMs shift their focus on electrified powertrain options. Other significant factors that constitute the evolution of powertrain include developing charging infrastructure in different regions globally.

Increasing vehicle sales and the growing adoption of automated transmission vehicles in emerging countries such as India, China, Indonesia, Japan, and Brazil, are expected to drive the market. The substantial rise in the purchasing power of consumers has increased the demand for state-of-the-art motor vehicles, driving the demand for upgraded systems. The rising use of All Wheel Drive in SUVs in emerging regions is also expected to support the growth of the powertrain market. The growing demand for AWD-equipped vehicles in the Asia Pacific region is expected to boost the growth of the all-wheel-drive system market.

The COVID-19 pandemic has hampered the growth prospects of several industries in 2020; powertrain manufacturers are facing a year-on-year decline in unit volumes sales and revenues. For instance, BorgWarner Inc., a prominent market player in the electric powertrain market, witnessed a decrease in the e-Propulsion & Drivetrain business segment. However, the demand for vehicles with upgraded safety features is likely to increase post-pandemic. Since automotive powertrain plays a vital role in automobiles, the market could regain momentum. Furthermore, despite the pandemic, the growing demand for electric vehicles is anticipated to boost the demand for automotive powertrains.

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Automotive Powertrain Market Report Highlights

• In terms of vehicle type, the commercial vehiclesegment is expected to expand at the highest CAGR of around 11.7% over the forecast period. This can be attributed to the increasing demand for a unified supply chain network connecting multiple transportation modes, including freight rail, air, and express delivery services, maritime transport, and truck transport
• In terms of propulsion type, the ICE segment dominated the market in 2020 and is anticipated to value at more than USD 902.91 billion by 2028. This can be attributed to the price difference between ICEs and EVs and inadequate charging infrastructure
• The Asia Pacific regional market held the dominant market share in 2020, with the China market being a significant contributor. China remains the largest manufacturer of automobiles and automotive markets across the globe. In 2020, China ranked first in terms of the production of passenger cars globally, which stood at nearly 21 million

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

Automotive Powertrain Market Segmentation

Grand View Research has segmented the global automotive powertrain market based on vehicle type, propulsion type, and region:

Automotive Powertrain Vehicle Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2015 - 2025)

• Passenger Vehicle
• Commercial Vehicle

Automotive Powertrain Propulsion Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2015 - 2025)

• ICE
  • Gasoline
  • Diesel
  • Natural Gas Vehicle
• BEV
  • PHEV
  • Electric Vehicle

Automotive Powertrain Regional Outlook (Volume, Thousand Units; Revenue, USD Billion, 2015 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • Greater China
  • Japan
  • India
  • South Korea
• Latin America
• Middle East & Africa

List of Key Players in the Automotive Powertrain Market

• BorgWarner
• Continental AG
• Magna International Inc.
• Marelli Holdings Co., Ltd.
• Mitsubishi Electric Corp
• Nidec Corporation
• Robert Bosch GmbH
• Schaeffler AG
• Valeo
• ZF Friedrichshafen AG

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.