Orthodontic Consumables Market Latest Innovations, Drivers and Industry Key Events 2022– 2030: Grand View Research Inc.

 

Orthodontic Consumables Market Growth & Trends

The global orthodontic consumables market size is expected to reach USD 4.03 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 5.9% over the forecast period. The specialty of orthodontics is dentofacial augmentation. The field of orthodontics is associated with adjusting the lower and upper jaws to line up as they close. The requirement for orthodontic consumables is growing due to the increase in dentofacial augmentation procedures. The most common issues that fall under the orthodontics field of dentistry include crooked teeth, teeth that are positioned incorrectly, and a problem where the jaws don’t close together properly. In addition, orthodontics restores dental aesthetics and guards against periodontal disease and tooth decay.

The drivers that are most likely to spur industry growth are highlighted in in-depth research on the orthodontic consumables industry and the rising prevalence of disorders. Growing cases of malocclusion, a dental problem that affects nearly 50% to 75% of people in major industrialized countries, the aging population and their increasing need for dental care, and the rising demand for cosmetic dentistry are all anticipated to play a significant role in this development. In addition, it is projected that improvements in dentistry, the popularity of preventative orthodontics, and growing public awareness about the need for oral health care will all help positively shift the demand curve. It would create a more lucrative market segment in the near future.

Dental problems increase with malocclusion, most importantly, periodontal diseases, which are identified as one of the leading problems faced by many people. People suffering from periodontal diseases are more prone to develop heart diseases and diabetes, among other conditions that are likely to drive the industry. The industry has been negatively impacted by the COVID-19 pandemic. Many dental treatments and operations were initially put on hold as a result of the lockdown and international limitations that were implemented in a majority of the countries. The COVID-19 outbreak has severely disrupted the medical industry’s supply chain. There are several worries concerning the accessibility of dental services and guaranteeing the safety of dentists. However, in 2021, many offices and clinics around the world are reopened and the market demand is likely to grow during the forecast period.

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Orthodontic Consumables Market Report Highlights

• The brackets segment dominated the global industry in 2021due to the fact that brackets are the most commonly used orthodontic consumables

• The most profitable sub-segment of the bracket segment is the self-ligating bracket and is likely to grow further in the future

• The dental clinics segment is expected to witness a significant CAGR during the forecast period. A rising number of dental clinics and a high level of procedures performed in the clinics are likely to fuel the segment growth

• North America dominated the global industry in 2021 owing to a rise in the U.S. population, technological advances in dentistry, and the increasing coverage by dental insurance plans

• Asia Pacific is expected to register the fastest CAGR in the forecast period owing to the growing patient population, rising awareness about aesthetic procedures, and rapid technological advancements

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Orthodontic Consumables Market Segmentation

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

Orthodontic Consumables Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Anchorage Appliances

  • Buccal Tubes & Bands

  • Miniscrews

• Ligatures

  • Elastomeric Ligatures

  • Wire Ligatures

• Brackets

  • Aesthetic Brackets

  • Metal Brackets

• Archwires

  • Beta Titanium Archwires

  • Nickel Archwires

  • Stainless Steel Archwires

• Others

Orthodontic Consumables End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Dental Clinics

Orthodontic Consumables Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Spain

  • Italy

• Asia Pacific

  • India

  • China

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in Orthodontic Consumables Market

• DENTSPLY International, Inc.

• DB Orthodontics

• Align Technology, Inc.

• G&H Orthodontics

• Rocky Mountain Orthodontics

• American Orthodontics

• Danaher 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.

Technological Advancements to Influence Oral Irrigator Market Growth 2022-2030: Grand View Research Inc.

 

Oral Irrigator Market Growth & Trends

The global oral irrigator market size is expected to reach USD 1.46 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% from 2022 to 2030. The main factors driving this market are the rising incidence of dental diseases such as periodontitis and dental carries, increasing awareness regarding the use of technologically advanced products, the ready availability of oral irrigators, and several initiatives taken by various government agencies and dental organizations.

The COVID-19 pandemic significantly impacted the market growth. All dental, medical, and surgical procedures that are nonessential and elective were postponed in the first and second quarters of 2020. Oral examinations, routine cleaning, preventive therapies, and orthodontic procedures that do not involve pain management were postponed. This negatively impacted the global dental market and successively impacted the market for oral irrigators. Dental services were among the last to relaunch post-pandemic relaxations as dental procedures have a high risk of transmission.

As oral irrigators are more expensive than conventional floss, their market expansion is being constrained. Nevertheless, it is believed that the value benefits provided by manufacturers in exchange for the promotion of technologically advanced items will lessen the impact of high costs and boost consumer acceptance of these products. This may influence people's preferences to change from utilizing conventional flossing techniques to effective oral irrigators.

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Oral Irrigator Market Report Highlights   

• Based on product type, the cordless segment accounted for the largest share of above 65.0% in 2021 as it is portable, economical, and safe

• The home application segment is anticipated to expand at the fastest CAGR of 5.0% during the forecast period. This is due to rising awareness regarding the advantages of routine flossing and good dental care and the popularity of technologically improved goods

• The online distribution channel segment is expected to witness lucrative growth over the forecast period. This is due to increasing reliance on technology and technical performance

• Asia Pacific dominated the global market with a revenue share of over 40.0% in 2021 owing to the presence of a large number of players and the rising prevalence of oral diseases

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Oral Irrigator Market Segmentation

Grand View Research has segmented the global oral irrigator market based on product type, application, distribution channel, and region:

Oral Irrigator Product Type Outlook (Revenue, USD Million, 2018 - 2030)   

• Countertop

• Cordless

Oral Irrigator Application Outlook (Revenue, USD Million, 2018 - 2030)      

• Home

• Dentistry

Oral Irrigator Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)  

• Online

• Offline

Oral Irrigator Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

• U.S.

• Canada

• Europe

• U.K.

• Germany

• France

• Italy

• Spain

• Asia Pacific

• China

• India

• Japan

• Latin America

• Brazil

• Mexico

• Argentina

• Middle East & Africa

• South Africa

• Saudi Arabia

• UAE

List of Key Players in Oral Irrigator Market

• Colgate-Palmolive

• Procter & Gamble

• Church & Dwight

• GlaxoSmithKline

• Johnson & Johnson

• Lion Corporation

• Sunstar Suisse S.A.

• Dr. Fresh

• Dentaid

About Grand View Research

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

Fetal And Neonatal Care Equipment Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 

Fetal And Neonatal Care Equipment Market Growth & Trends

The global fetal and neonatal care equipment market size is expected to reach USD 13.4 billion by 2030, exhibiting a CAGR of 7.28% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to factors such as increasing birth rates in developing countries and the increasing prevalence of premature births. Various aspects such as delayed maternal age, induced fertility, and lack of proper prenatal care are considered to be major factors contributing to the birth of premature babies. In addition, hospital infections such as central line-associated bloodstream infections (CLABSI) and healthcare-associated pneumonia among newborns are contributing to market growth.

According to WHO estimates, 15 million infants are born preterm. To address the complications associated with babies born prematurely, the demand for fetal and neonatal devices is expected to rise significantly. In addition, the consequences of supportive government policies are propelling the market growth. For instance, in October 2018, the Australian Government announced a provision of AUD 600,000 to the Miracle Babies Foundation to support the families of premature babies. Moreover, most people in developed countries prefer home care. This has surged the adoption of pregnancy monitoring systems as they are more beneficial than traditional devices.

The COVID-19 pandemic had a major impact on the market. Preterm infants with conditions that require long-term hospitalization are susceptible to nosocomial (hospital) infections. As such, the availability of neonatal equipment in healthcare facilities has been unpleasantly affected by the COVID-19 outbreak. Due to the fear of infection among infants, hospitals, gynecological clinics, and infant care centers were shunned during the pandemic period. Thus, the pandemic had a destructive impact on the growth of the market in short term. However, the market is expected to witness lucrative growth in the coming years.

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Fetal And Neonatal Care Equipment Market Report Highlights

• By product, fetal care equipment accounted for the largest share in 2021. The neonatal care equipment segment is expected to grow at a rapid rate during the forecast period

• Increasing complications during birth, an increasing number of separate facilities for newborn care, and technological advancements are propelling market growth. For instance, in February 2019, the University of Chicago Medicine launched the Fetal and Neonatal Care Center (FNCC). The center offers one-stop access to various specialists

• North America held the largest revenue share in 2021 due to the high awareness about infant healthcare along with a large number of NICU admissions

• The Asia Pacific region is projected to grow at the highest rate during the forecast period owing to aspects such as the high birth rate in some Asian countries such as India and China, and rising government initiatives to decrease infant mortality

• In February 2021, GE Healthcare received regulatory approval for Panda iRes Warmer from the U.S. Food and Drug Administration

• Mergers & collaborations and product developments are the key strategies being undertaken by the market players. For instance, in June 2019, Clinical Computer Systems, Inc. entered into an agreement with Huntleigh Healthcare Limited to commercialize OBIX BeCA, a fetal monitor, in the U.S.

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Fetal And Neonatal Care Equipment Market Segmentation

Grand View Research has segmented the global fetal and neonatal care equipment market on the basis of product, end-use, and region:

Fetal & Neonatal Care Equipment Product Outlook (Revenue, USD Million, 2016 - 2030)

• Fetal Care Equipment

  • Ultrasound Devices

  • Fetal MRI Systems

  • Fetal Monitors

  • Fetal Pulse Oximeters

• Neonatal Care Equipment

  • Infant Warmers

  • Incubators

  • Convertible Warmers & Incubators

  • Phototherapy Equipment

  • Respiratory Devices

    • Neonatal Ventilators

    • Continuous Positive Airway Pressure (CPAP) devices

    • Oxygen Analyzers and Monitors

    • Resuscitators

    • Others

  • Neonatal Monitoring Devices

    • Blood Pressure Monitors

    • Cardiac Monitors

    • Pulse Oximeters

    • Capnographs

    • Integrated Monitoring Devices

  • Others

Fetal & Neonatal Care Equipment End-use Outlook (Revenue, USD Million, 2016 - 2030)

• Hospitals

• Clinics

• Others

Fetal & Neonatal Care Equipment Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

  • South Africa

  • Saudi Arabia

List of Key Players in the Fetal And Neonatal Care Equipment Market

• Cardinal Health

• Drägerwerk AG & Co. KGaA

• Koninklijke Philips N.V.

• GE Healthcare

• Medtronic

• Vyaire

• BD

• Utah Medical Products, Inc.

• Natus Medical Incorporated

• Ambu A/S

• Inspiration Healthcare Group plc

• Atom Medical Corp.

• Fisher & Paykel Healthcare Limited

• Masimo

• Phoenix Medical Systems (P) 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.

Natural Flavors And Fragrances Market to Reach Around USD 15.83 Billion by 2030: Grand View Research Inc.

 

Natural Flavors And Fragrances Market Growth & Trends

The global natural flavors and fragrances market size is expected to reach USD 15.83 billion by 2030, registering a CAGR of 6.3% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing awareness about the adverse effects caused by artificial as well as synthetic products used in the cosmetics and food & beverages industry. In addition, the availability of natural products as an alternative is propelling the market growth. Natural flavors & fragrances are now widely accepted by industries like food & beverage, cosmetic & personal care, and pharmaceuticals. The growing population has been increasing the consumption of food & beverages, cosmetic & personal care products, and pharmaceuticals and is likely to further escalate the consumption in the near future. The global industry is anticipated to grow at a steady CAGR over the forecast period due to the presence of major players that are utilizing natural flavors & fragrances in their products.

Companies, such as BASF SE, Blue Pacific Flavours, Inc., BIOLANDES SAS, and Symrise AG, are some major manufacturers. Governments tend to be more flexible in the use of natural products over synthetic counterparts and provide elasticity in their use and consumption for various purposes. The COVID-19 pandemic has resulted in many changes in the industry, such as the collapsed supply chain system and restrictions on transportation. Many large- and small-scale organizations had to shut down their production for several months during the pandemic. This factor slowed down the industry growth and limited production & supply. Furthermore, the outbreak led to the shutdown of hotels, restaurants, retail stores, and eateries, thereby lowering the consumption of natural flavors & fragrances in the food & beverage industry.

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Natural Flavors And Fragrances Market Report Highlights

• The essential oils segment is expected to witness the fastest growth rate from 2022 to 2030 owing to the increasing consumer preference for natural & organic products from various end-use industries like food & beverages and cosmetics

• The extraction process segment will have the fastest CAGR from 2022 to 2030 since it ensures hydrolysis of water-sensitive compounds & ensures superior quality of products as it operates efficiently under higher temperatures and requires a shorter extraction time

• The flavors application segment is expected to witness the fastest CAGR over the forecast period due to wide product usage in the global food & beverages industry

• Asia Pacific is expected to witness the fastest growth rate of 6.8%, owing to large demand from countries such as India, and China which are considered pioneers and some of the largest exporters of some precious oils and extracts

• The competition in the industry is high due to the presence of several large-scale manufacturers, such as BASF SE and MANE, which are engaged in the production of naturally-derived fragrances & flavors

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Natural Flavors And Fragrances Market Segmentation

Grand View Research has segmented the global natural flavors and fragrances market based on product, technology, application, and region:

Natural Flavors And Fragrances Product Outlook (Revenue, USD Million, 2018 - 2030)

• Essential Oils

• Orange

• Corm Mint

• Eucalyptus

• Pepper Mint

• Lemon

• Citronella

• Patchouli

• Clove

• Ylang/Ylang Cananga

• Lavender

• Others

• Oleoresins

• Paprika

• Black Pepper

• Turmeric

• Ginger

• Others

• Dried Crops

• Herbal Extracts

• Others

Natural Flavors And Fragrances Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Fermentation

• Extraction

• Distillation

• Others

Natural Flavors And Fragrances Application Outlook (Revenue, USD Million, 2018 - 2030)

• Flavors

• Confectionery

• Convenience Food

• Bakery Food

• Dairy Food

• Beverages

• Animal Feed

• Others

• Fragrances

• Fine Fragrances

• Cosmetics & Toiletries

• Soaps & Detergents

• Aromatherapy

• Others

Natural Flavors And Fragrances Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

• U.S.

• Canada

• Mexico

• Europe

• Germany

• U.K.

• France

• Spain

• Portugal

• Turkey

• Asia Pacific

• China

• India

• Japan

• Southeast Asia

• Central & South America

• Brazil

• Colombia

• Middle East & Africa

• UAE

• Saudi Arabia

• South Africa

List of Key Players in Natural Flavors And Fragrances Market

• MANE

• Keva Flavours Pvt. Ltd.

• DOHLER GmbH

• Blue Pacific Flavours, Inc.

• Stringer Flavours Ltd.

• BIOLANDES

• Young Living Essential Oils, LC.

• d? TERRA

• Falcon

• BASF SE

• Symrise

• Firmenich SA

• Givaudan

• International Flavors & Fragrances Inc.

• FLAVEX Naturextrakte GmbH

• Universal Oleoresins

• Manohar Botanical Extracts Pvt. Ltd.

• Sensient Technologies

• Takasago International Corporation

• T. HASEGAWA CO., LTD.

• ROBERTET

• McCormick & Company, Inc.

• Kerry Group plc

• ADM

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.

Africa Water Treatment Chemicals Market to Penetrate Untapped Regions During 2022 to 2030: Grand View Research Inc.

 

Africa Water Treatment Chemicals Market Growth & Trends

The Africa water treatment chemicals market size is expected to reach USD 1.54 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.0% from 2022 to 2030. The industry growth is majorly driven by the recycling of effluent, the growth of central treatment units for SMEs, and advanced biological wastewater treatment technology.

The market has been segmented based on three parameters which are application, end-use, and region. The application section includes applications in raw water treatment, RO, UF, and NF Membrane treatment, Open & Closed Cooling Systems treatment, and Boilers among others. End-users include chemical manufacturing, food & beverages, mining & mineral processing, paper & pulp, and municipal among others.

The most widely used products in this country comprise corrosion inhibitors, coagulants & flocculants, and biocides among others. The product market is driven by increasing concerns regarding the availability of safe drinking water and the implementation of high-quality standards for several industrial applications.

Sodium hydroxide, chlorine dioxide, ozone, aluminum, iron, and other chemicals are the key raw materials used in the manufacturing of the product. Sodium hydroxide is used in water treatment applications to raise the pH value of drinking water to a level that minimizes corrosion. It controls the corrosion of metals such as lead from pipes into the drinking water. Chlorine dioxide is used in these applications owing to its effectiveness as an oxidant, disinfectant, and biocide.

This country is considered to be among one of the least industrialized regions in the world. But with a growing population and increasing FDI, the region’s healthy economies such as South Africa, Nigeria, and other countries are believed to witness growing industrial development which in turn will increase the demand for the product.

The consumption and production of the products in this country are majorly influenced by the demand from different end-use industries. Hence, any fluctuation in demand for these chemicals from end-use industries is anticipated to directly impact the growth of the products in the region. The spread of COVID-19 led to the shutting down of vital end-use industries, including chemicals, oil & gas, power, etc. in the country in 2020. This impacted the growth of the regional market.

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Africa Water Treatment Chemicals Market Report Highlights

• The market is estimated to advance with a moderate CAGR of 5% from 2022 to 2030. This is attributed to the industrial development in the country

• South Africa dominated the market in 2021 with a revenue share of 10.0%. This is attributable to the growing demand for water for human consumption and the increasing population and climate change in the country

• Municipal sector in the end-use segment dominated with 28% of the revenue share in 2021, owing to the increasing initiative taken by the government to improve the water quality

• Raw water treatment is the largest application segment in terms of revenue contributing to 34.9% in 2021. This high share is attributed to its efficiency to remove impurities, scales, biocides, coagulants, and other such substances from effluent which makes it easy for further processing

• Some of the prominent players in the market include Buckman, Ecolab Inc., Kemira, BASF SE, and Solenis LLC. The key players have established a supply chain of the products in the country through their in-house supply channels or third-party distributors

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Africa Water Treatment Chemicals Market Segmentation

Grand View Research has segmented the Africa water treatment chemicals market based on application, end-use, and region:

Africa Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Raw Water Treatment

  • Pretreatment

  • Antiscalants, Pipeline Cleaning & Passivation Chemicals

  • Biocides (Disinfectants)

  • Coagulants & Flocculants

  • Heavy Metals Removal

  • Dewatering Aids

  • Defoamer & Foam Control Agents

  • pH Control

  • Bio-augmentation products

  • Others

• RO, UF and NF Membrane Treatment

  • Pretreatment

  • Antiscalants, Pipeline Cleaning & Passivation Chemicals

  • Biocides (Disinfectants)

  • Chlorine Removal

  • Dispersants

  • CIP Chemistries

  • Post Treatment

  • pH Control

  • Others

• Open & Closed Cooling Systems Treatment

  • Feedwater Pretreatment

  • Antiscalants, Pipeline Cleaning & Passivation Chemicals

  • Biocides (Disinfectants)

  • Fouling Control

  • Corrosion Inhibitors

  • Defoamer & Foam Control Agents

  • pH Control

  • Others

• Boilers

  • Feedwater Pretreatment

  • Internal treatment (Antiscalants & Deposit control)

  • Corrosion Inhibitors for Condensate Treatment

  • Fireside Treatment

  • pH Control

  • Oxygen Scavengers

  • Others

• Effluent Water Treatment

  • Pretreatment

  • Antiscalants, Pipeline Cleaning & Passivation Chemicals

  • Biocides (Disinfectants)

  • Coagulants & Flocculants

  • Heavy Metals Removal

  • Dewatering Aids

  • Defoamer & Foam Control Agents

  • pH Control

  • Bio-augmentation Products

  • Others

• Air Quality & Industrial Process Technologies

  • Dust Control

  • Odor Control

  • Heavy Fuel Oil Combustion Emissions

  • Legionella Control

• Others

Africa Water Treatment Chemicals End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Power

• Oil & Gas

• Chemical Manufacturing

• Mining & Mineral Processing

• Municipal

• Food & Beverage

• Pulp & Paper

• Others

Africa Water Treatment Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Africa

  • Angola

  • Botswana

  • Burkina Faso

  • Burundi

  • Cameroon

  • Congo Brazzaville

  • Eritrea

  • Ethiopia

  • Gabon

  • Ivory Coast

  • Kenya

  • Malawi

  • Mali

  • Mauritania

  • Mozambique

  • Namibia

  • Nigeria

  • Rwanda

  • Senegal

  • South Africa

  • South Sudan

  • Tanzania

  • Uganda

  • Zimbabwe

List of Key Players in the Africa Water Treatment Market

• SUEZ

• ACURO ORGANICS LIMITED

• ALM INTERNATIONAL Group

• Baker Hughes Company

• Baroid Industrial Drilling Products

• BASF SE

• Buckman

• BWT Holding GmbH

• Clariant

• Cortec Corporation

• Ecolab Inc.

• Halliburton

• Kemira

• Nouryon

• Schlumberger Limited

• SNF

• Solenis LLC

• Solvay

• Dow

• Veolia

• Thermax Limited

• Kurita Water Industries Ltd.

• Kimleigh Chemicals SA (Pty) Ltd (PTY) LTD

• Ultra Water (Pty) Ltd

• Green Water Treatment Solutions

• TUSCHEMY

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.

Mobile Wallet Market Forecast 2030 Top Companies, Trends and Growth Factors Details for Business Development

 

Mobile Wallet Market Growth & Trends

The global mobile wallet market size is expected to reach USD 51.53 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 27.4% from 2022 to 2030. A mobile wallet is a technology that can carry cash in digital format. Increasing mobile phone users and the rising number of internet subscribers across the world are the major factors fueling the market growth. In addition, government initiatives to modernize the transportation sector are improving market growth.

Furthermore, due to ongoing concerns about sanitation and a desire to reduce contact between guests and staff members, mobile wallets are anticipated to create a notable impact on the hospitality or restaurant industry. Furthermore, COVID-19 has increased the penetration of online payments. The pandemic has increased the requirement for germ-free and contactless payments, and mobile wallets prevent direct contact with any external system such as the POS of the retailer.

Asia Pacific held the largest revenue share of over 30.0% in 2021 and is expected to retain its position over the forecast period. In rapidly developing regions such as Asia Pacific, digital online spending has changed and evolved on its own, with e-commerce expanding and online sales becoming as common as physical retail in many areas of the region. In April 2022, Boku, a global provider of mobile payment solutions, announced that it's Mobile First (M1ST) platform has unveiled PayPay mobile wallet payments for Netflix in Japan. With this release, PayPay's over 45 million consumers can now pay for streaming subscriptions within Netflix.

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Mobile Wallet Market Report Highlights

• In terms of technology, the proximity segment accounted for the largest revenue share of over 60.0% in 2021 and is expected to retain its dominance over the forecast period. Growing penetration of NFC and QR code-enabled smartphones across the world is boosting the segment growth

• The remote segment is anticipated to expand at the highest CAGR of 27.7% over the forecast period. The growth of this segment can be attributed to the increasing number of smartphone and internet users across the globe. In addition, surging demand for fast and secure payment solutions is improving the market growth

• In terms of application, the retail and e-commerce segment accounted for the largest revenue share of over 30.0% in 2021 and is expected to retain its dominance over the forecast period. Rapid growth in the global retail and e-commerce sector is creating more demand for mobile wallets

• The banking segment is expected to register the highest CAGR of 28.7% during the forecast period as numerous banks across the world are trying to set up mobile payments

• The hospitality and transportation segment is expected to witness significant growth over the forecast period. Due to ongoing concerns about sanitation and a desire to reduce contact between guests and staff members, mobile wallets are anticipated to create a notable impact on the hospitality or restaurant industry

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

Mobile Wallet Market Segmentation

Grand View Research has segmented the global mobile wallet market based on technology, application, and region:

Mobile Wallet Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Remote

• Proximity

Mobile Wallet Application Outlook (Revenue, USD Million, 2017 - 2030)

• Retail & E-commerce

• Hospitality & Transportation

• Banking

• Vending Machine

• Others

Mobile Wallet Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • Rest of Europe

• Asia Pacific

  • China

  • India

  • Japan

  • Rest of Asia Pacific

• Latin America

  • Brazil

  • Mexico

  • Rest of Latin America

• Middle East & Africa

List of Key Players in Mobile Wallet Market

• Amazon Web Services Inc.

• Visa Inc.

• American Express

• PayPal Holdings Inc.

• Apple Inc.

• Google Inc.

• Airtel India

• Mastercard

• Alipay

• Samsung

• AT&T

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.

Mammography Market Predicted to Cross USD 4.67 Billion by 2030: Grand View Research Inc.

 

Mammography Market Growth & Trends

The global mammography market size is expected to reach USD 4.67 billion by 2030, registering a CAGR of 10.26% according to a new report by Grand View Research, Inc. The growth is mainly driven by the rising initiatives by various governments and NGOs to raise awareness about the early diagnosis of microcalcifications in breast tissue.

For instance, the National Breast Cancer Screening Programme in the Netherlands, for example, was created for women aged 50 to 75. According to the program, women in this age bracket were invited for a mammogram every two years. Similarly, in Australia, women aged 50 to 74 are required to have free mammograms every 2 years as part of the government's national screening program, Breast Screen Australia. Some other significant organizations such as the National Breast Cancer Foundation, CDC, and Breast Cancer Organization are promoting early diagnosis of mammary gland calcification. This is one of the crucial factors expected to drive market growth.

Major mammography manufacturers are introducing new products and increasing the number of approved products, which is further expected to impel the demand in the coming years. For instance, in March 2018, Siemens Healthineers obtained U.S. FDA approval for its enhanced mammography platform MAMMOMAT Revelation. This platform is combined with a new InSpect specimen imaging tool as well as new HD Breast Biopsy technology for one-click targeting of affected areas. Moreover, in October 2021, iCAD, Inc. launched its latest generation of ProFound AI for 2D Mammography.

Furthermore, the use of Artificial Intelligence (AI) in 3D mammography has reduced exam time while maintaining image quality. For instance, in March 2021, iCad received USFDA approval for its ProFound AI Version 3.0 for Digital Breast Tomosynthesis (DBT) system. Compared to previous versions of the software, it provides up to a 10% enhancement in specificity performance, up to 1% improvement in sensitivity, and offers 40% faster processing. Thus, rapid FDA approval for AI-enabled 3D mammography equipment is driving market growth.

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Mammography Market Report Highlights

• Digital systems dominated the product segment in 2021 owing to the wide availability of digital breast screening devices and the presence of favorable reimbursements for such devices

• Digital mammography dominated the technology segment in 2021 due to growing awareness regarding digital technology and increasing adoption of such technology for better diagnosis

• In 2021, North America dominated due to the increasing adoption of technologically advanced screening devices and the upsurging number of approvals of 3D systems

• Asia Pacific and Latin America are the two fastest-growing regional segments, because of the higher mammary gland cancer prevalence and the growing number of government campaigns to improve breast screening

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

Mammography Market Segmentation

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

Mammography Product Outlook (Revenue, USD Million, 2018 - 2030)

• Film Screen Systems

• Digital Systems

• Analog Systems

• 3D Systems

Mammography Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Breast Tomosynthesis

• CAD Mammography

• Digital Mammography

Mammography End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Specialty Clinics

• Diagnosis Centers

• Others

Mammography Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Mexico

  • Brazil

  • Argentina

  • Colombia

• MEA

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players of Mammography Market

• Hologic Inc.

• Analogic Corporation,

• Canon Medical Systems Corporation,

• Fujifilm Corporation

• Siemens Healthcare

• Toshiba Medical Systems

• GE Healthcare

• Metaltronica

• Koninklijke Philips NV

• PLANMED OY

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.

Electric Vehicle Plastics Market is Expected to Amplify USD 13.33 Billion Value by 2030: Grand View Research Inc.

 

Electric Vehicle Plastics Market Growth & Trends

The global electric vehicle plastics market size is expected to reach USD 13.33 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 27.5% over the forecast period. The industry is projected to witness significant growth in terms of consumption, on account of high application scope and increasing demand from the growing population. The Polypropylene (PP) resin demand in the Asia Pacific region is estimated to grow at the fastest CAGR over the forecast period. Strong government support & initiatives regarding emissions and increasing investment by manufacturers are propelling the growth of the region.

Furthermore, EVs are efficient and require less maintenance as compared with traditional vehicles. These factors are expected to boost the demand for EVs, which is expected to drive the demand for plastics over the forecast period. Increasing utilization of plastics in EVs is anticipated to boost industry growth positively over the forecast period. Plastics have proven to perform well under harsh conditions through their resistance to shock, moisture, oxidation, and further maintaining their chemical and mechanical properties. Plastics will be crucial material for manufacturing lightweight and energy-efficient EVs. Based on resin type, PP is expected to witness major demand during the projected years.

Polypropylene is used in many components of the vehicle including bumpers, carpet fibers, cable insulation, and others. Properties, such as good heat, chemical & fatigue resistance, and others, are anticipated to drive the demand for PP in the industry. Major manufacturers are adopting expansion strategies, such as new product development, production facility expansions, mergers & acquisitions, and joint ventures. For instance, in October 2021, DuPont launched a new extension of its existing Zytel HTN range, named as Zytel 500 series. These products are developed to provide enhanced retention properties in e-mobility oils, electrically friendly characteristics, and a high Comparative Tracking Index (CTI).

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Electric Vehicle Plastics Market Report Highlights

• The Asia Pacific region is estimated to grow at the fastest CAGR from 2022 to 2030. Increasing demand from the growing population coupled with environmental concerns among others are anticipated to drive market growth in the region

• The battery segment is anticipated to register the fastest CAGR from 2022 to 2030. Batteries are one of the significant components of an EV and, in comparison to combustion engines, battery vehicles do not produce any emissions and are eco-friendly. The growing demand for EVs has promising growth for EV batteries

• The exterior application segment accounted for the largest revenue share in 2021 and is estimated to continue its dominance over the forecast period due to the high demand in aesthetics

• The BEV vehicle type segment led the industry in 2021 and it is anticipated to continue growing over the forecast period as PHEVs have higher maintenance costs than BEVs

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

Electric Vehicle Plastics Market Segmentation

Grand View Research has segmented the global electric vehicle plastics market on the basis of resin, application, components, vehicle type, and region:

Electric Vehicle Plastics Resin Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Polypropylene (PP)

• Polyamide (PA)

• Polycarbonate (PC)

• Polyethylene (PE)

• Polyurethane (PU)

• Polyvinyl Chloride (PVC)

• Polyvinyl Butyral (PVB)

• Polybutylene Terephthalate (PBT)

• Acrylonitrile Butadiene Styrene (ABS)

• Polyethylene Terephthalate (PET)

• Others

Electric Vehicle Plastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Interior

• Exterior

• Powertrain System/Under Bonnet

• Lighting & Electric Wiring

Electric Vehicle Plastics Components Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Steering & Dashboards

• Car Upholstery

• Bumper

• Door Assembly

• Exterior Trim

• Interior Trim

• Connector & Cables

• Battery

• Lighting

• Electric Wiring

• Others

Electric Vehicle Plastics Vehicle Type Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Battery Electric Vehicle (BEV)

• Hybrid Electric Vehicle (HEV)/Plug-in Hybrid Vehicle (PHEV)

Electric Vehicle Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • Norway

  • Germany

  • U.K.

  • France

  • Sweden

  • Netherlands

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Southeast Asia

• Rest of the World

List of Key Players of Electric Vehicle Plastics Market

• SABIC

• BASF SE

• LyondellBasell Industries Holdings B.V.

• Evonik Industries

• Covestro AG

• Dupont

• Sumitomo Chemicals Co. Ltd.

• LG Chem

• Asahi Kasei

• LANXESS

• INEOS Group

• Celanese Corp.

• AGC Chemicals

• EMS Chemie Holding

• Mitsubishi Engineering Plastics 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.

Dental Inlays & Onlays Market Growth in the Coming Years

 

Dental Inlays & Onlays Market Growth & Trends

The global dental inlays and onlays market size is expected to reach USD 7.6 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.0% from 2022 to 2030. The increase in the number of dental practices, the increase in the prevalence of dental diseases, the surge in public awareness regarding dental inlays and onlays procedures, and the surge in the demand for cosmetic dentistry among the young population are the major factors that drive the market. In addition, extensive use of porcelain materials in dental restoration procedures, advancements in the techniques used in dental practices, and improvements in dental inlays and onlays materials further boost the growth of the market.

The COVID-19 epidemic had disturbed several dental inlays and onlays procedures due to the strict restrictions enforced by the government. The epidemic has resulted in the enclosure of dental care facilities and a decrease in the number of patient visits to dental clinics. Also, COVID-19 resulted in tele consultancy as dental professionals were not going to offices for practice during the pandemic period. However, in 2021, there was no major impact on the market as dental offices were reopened in many countries and the number of dental inlays and onlays procedures also increased.

An increase in public preference for minimally invasive dental restoration treatments, a rise in the number of dental practitioners, a surge in R&D activities, new dental inlays and onlays material launches, and a rise in healthcare expenditure foster the growth of the market. Moreover, dental inlays and onlays provide advantages such as strong and durable nature, enhanced physical properties to conventional composite filling, and minimal post-operative sensitivity. Furthermore, strong medical infrastructure and well-established reimbursement policies in developed countries drive the market.

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Dental Inlays & Onlays Market Report Highlights

• Porcelain emerged as the largest material segment in 2021 with over 30.0% share due to a rapid surge in the demand for porcelain dental inlays and onlays in dental practices

• By type, the direct segment accounted for the largest market share in 2021 and is expected to witness the highest growth over the forecast period due to the rise in the patient preference for direct-type dental inlays and onlays

• North America captured the largest share in 2021 owing to rapid advancement in the restorative dentistry sector by key players and growing R&D activities in dentistry 

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

Dental Inlays & Onlays Market Segmentation

Grand View Research has segmented the global dental inlays and onlays market based on material, type, and region:

Dental Inlays & Onlays Material Outlook (Revenue, USD Million, 2018 - 2030)

• Porcelain

• Zirconia

• Gold

• Composite

Dental Inlays & Onlays Type Outlook (Revenue, USD Million, 2018 - 2030)

• Direct

• Indirect

Dental Inlays & Onlays Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Spain

  • Italy

• Asia Pacific

  • India

  • Japan

  • China

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• MEA

  • South Africa

  • Saudi Arabia

  • UAE 

List of Key Players in the Dental Inlays & Onlays Market

• 3M Company

• Glidewell Laboratories

• Smile Brands

• Institut Straumann AG

• Ivoclar Vivadent AG

• COLTENE Holding AG

• Dentsply Sirona

• Aspen Dental

• National Dentex Corporation

• DenMat

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.