Expansion of Single-use Assemblies Market During 2022– 2030 to Gain Robust Traction: Grand View Research Inc.

 Single-use Assemblies Market Growth & Trends

The global single-use assemblies market size is expected to reach USD 39.96 billion by 2030, registering a CAGR of 18.57% during the forecast period, according to a new report by Grand View Research, Inc. Life science companies are eager to avoid the cost and time of cleaning needed with stainless steel. The augmented expansion of the international biotech industries has offered a growth environment, in which novel, disposable technologies are becoming more significant. As pharmaceutical companies, distributors, CDMOs, and manufacturers converge around the benefits of single-use assemblies, the industry will grow at a faster pace during the forecast period. From therapies for rare diseases to cancer research, the impact of single-use technology in accelerating cutting-edge research into these conditions is set to grow, thereby propelling industry growth.

In addition, the growing biologics market will further offer lucrative opportunities during the study period. Eradicating the risk of contamination is the major challenge faced by biopharmaceutical manufacturers, which currently involves high-level monitoring of critical manufacturing solutions. Single-use assemblies support manufacturers in overcoming this difficulty by eliminating or reducing the necessity for sterilization between the batches, thereby filtering the operational capability. SUTs are considered one of the important areas of growth among biomanufacturing companies, as several biopharmaceutical companies are venturing into disposable assembly offerings for the production of all sorts of biopharmaceuticals.

Moreover, SUTs are now being heavily adopted for the clinical manufacturing of biopharmaceuticals and have become more conventional within commercial manufacturing facilities. SUTs permit biologics manufacturers to reduce the facilities' footprint by almost 20% due to the need for utilities, which generate steam, water, and clean-in-place solutions. Furthermore, as per the research by BioProcess International, the engineers estimated that the capital expenditure for the single-use facility is 25-45% less than for a facility established on stainless-steel equipment. Similarly, they also estimated that single-use facilities need half the energy and water during operations and can be built in 18 months. Whereas the stainless-steel facility takes three years. Owing to such advantages, the adoption of single-use assemblies is increasing, thereby driving industry growth.

In recent years, CMOs have been integrating single-use assemblies into most or all their bioprocess. CMOs broadly use single-use assemblies for quicker processing and process changeover time. The quick turnaround time and flexibility between process runs and various client projects allowed by single-use assemblies can enhance the CMO efficiency, which, in turn, aids in the reduction of the overall costs. In addition, the growing number of CMO facilities are essentially fully single-use. CMOs adoption of single-use technology can save on campaign and facility costs, which helps reduce the operating costs and capital investments. Furthermore, single-use assemblies in CMOs decrease the complexity and reduces lead times in upstream processes.

They also enhance the quality of products by preventing cross-contamination in downstream processes, especially for processes handling potent or toxic materials, such as antibody-drug conjugates and viral vectors. Moreover, stringent regulatory requirements in the manufacturing systems also endorse the adoption of single-use assemblies in CMOs.COVID-19 has augmented an already rapidly rising demand for single-use assemblies as the SUTs allow for the speedy production and development of therapies and vaccines and improve accuracy and time. For instance, Aramus single-use bag assembly developed by Entegris, Inc. was used for the storage of COVID-19 vaccines as the vaccines need extremely low temperatures to preserve. With low leachable and extractable and an extensive operating-temperature variety, the patented single-use bags were ideal for cold chain storage and collection.

In addition, key manufacturers are also accelerating investment projects or increasing their capital expenditures. For instance, Pall Corp., invested USD 114 million to upsurge its single-use output. These investments comprise additional manufacturing capacity at 6 current manufacturing facilities in the United States and Europe. Moreover, MilliporeSigma, Thermo Fisher, and Cytiva have also augmented growth plans to support the industry’s backlog. For instance, in March 2021 Merck announced the addition of a single-use assembly production unit at its Life Science Center in Molsheim, France. The investment of USD 26.25 million will accelerate the European expansion plans of the company for single-use products critical to manufacturing vaccines and lifesaving therapies. On the other hand, regulatory concerns due to leachable and extractable might hamper the growth of disposable assemblies in the forecast period.

Leachable and extractable are set of undesired impurities in the product stream, these are compounds that can move into the product from manufacturing systems, packaging containers, or other product-contact systems. Extractable is extracted from the contact materials under extreme conditions, such as treatment with a harsh solvent or elevated temperature conditions. Leachable compounds, on the other hand, are those that are leached into the final product from contact materials during normal or real-time storage conditions. North America dominated the global industry in 2021 due to the growth in the biotechnology and pharmaceutical industries, advancement in SUT products, and increasing incidence of diseases, such as cancer coupled with increasing investments and funding in drug discovery research. Asia Pacific is expected to grow at a considerable CAGR over the forecast years owing to the strategic activities by key players coupled with funding by the government for biopharmaceutical R&D.

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Single-use Assemblies Market Report Highlights

• The filtration assemblies segment led the industry in 2021. Increased regulatory prospects and the need to diminish the risk of contamination have promoted the use of filtration assemblies for bulk and final fill operations
• The bag assemblies segment is expected to grow at a lucrative CAGR over the forecast period. Advantages, such as no need for validation or cleaning, lower shipping cost due to less weight, and low maintenance cost & capital investment drive the segment growth
• The filtration application segment held a larger revenue share in 2021. Implementation of single-use assemblies for filtration is rapidly increasing owing to benefits as it is time- & cost-effective and ready to use, unlike the conventional filtration systems
• The customized solutions segment captured the highest revenue share in 2021. Several companies offer customized solutions to fast-track pharmaceutical manufacturing and drug development
• The pharmaceutical & biotechnological companies end-user segment led the global industry in 2021. The growth of the current manufacturing facilities for biopharmaceuticals drives the demand for single-use assemblies
• The CROs & CMOs segment is expected to grow at the fastest CAGR over the forecast period. In recent years, CMOs have been integrating single-use technology into most or all their bioprocess
• The quick turnaround time and flexibility between process runs and various client projects allowed by single-use equipment can enhance the CMO efficiency, which aids in the reduction of the overall costs

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Single-use Assemblies Market Segmentation

Grand View Research has segmented the global single-use assemblies market based on product, application, solution, end-user, and region:

Single-use Assemblies Product Outlook (Revenue, USD Million, 2018 - 2030)

• Bag Assemblies
  • 2D bag assemblies
  • 3D bag assemblies
• Filtration Assemblies
• Bottle Assemblies
• Tubing Assemblies
• Other Products

Single-use Assemblies Application Outlook (Revenue, USD Million, 2018 - 2030)

• Filtration
• Cell Culture & Mixing
• Storage
• Sampling
• Fill-finish Applications
• Other Applications

Single-use Assemblies Solution Outlook (Revenue, USD Million, 2018 - 2030)

• Customized Solutions
• Standard Solutions

Single-use Assemblies End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Biopharmaceutical & Pharmaceutical Companies
• CROs & CMOs
• Academic & Research Institutes

Single-use Assemblies Regional Scope Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Single-use Assemblies Market

• Thermo Fisher Scientific
• Sartorius AG  
• Danaher Corp.
• Merck KGaA  
• Avantor
• Lonza
• Saint-Gobain
• Corning Inc.
• Entegris
• KUHNER 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.

Aroma Chemicals Market to Observe Strong Development by 2030: Grand View Research Inc.

 Aroma Chemicals Market Growth & Trends

The global aroma chemicals market size is expected to reach USD 7.72 billion by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.1% from 2022 to 2030. The growth is majorly driven by natural aroma chemicals in developed economies of North America and Europe. The aromatherapy industry has grown tremendously owing to the high diversity in consumer preferences for natural aromatic products such as essential oils, fragrances, and others for the treatment of several diseases. Changing lifestyles and its consequences such as depression and stress have resulted in a growing demand for aromatherapy directly fueling the growth in demand for aroma chemicals.

The terpenes & terpenoids segment emerged as the largest chemical segment in 2021 owing to its increasing demand from the rubber as well as paints & coatings industry. Aroma chemicals are getting essential for the formulation of additives for health & personal care, food & beverage products, thus forming a stable market. Further, regarding the evolving consumer demands and overall industry scenario, the manufacturers are inclined towards formulating natural aroma chemicals offering flavors close to synthetic flavoring agents to gain a competitive edge in the industry.

The key industry players are mostly integrated across the value chain from manufacturing to distribution to maintain the quality of raw materials. Owing to this, the key players are gaining a competitive advantage regarding cost benefits with increased profit margins. New market entrants are looking for opportunities to enter the global aroma chemicals market; wherein new entrants attempting to establish themselves have to contend with top multinationals, such as Takasago International Corporation, Symrise, Robertet, MANE, Firmenich SA, and Givaudan.

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Aroma Chemicals Market Report Highlights

• Natural source segment is estimated to witness a CAGR of 3.8% over the forecast period, due to a shift in trend for natural products, especially from the flavors industry
• Flavors is projected to be the fastest growing segment over the forecast period due to the growing consumption of flavors across several end-use applications such as beverages, convenience food, bakery food, and dairy
• The terpenes & terpenoids segment is anticipated to witness the fastest CAGR of 4.5% due to its natural availability as well as its anti-carcinogenic, antiseptic, and antimicrobial effects
• Asia Pacific constituted a major revenue share in 2021 and is also anticipated to continue its dominance over the forecast period, due to high domestic consumption in countries such as India and China
• MANE, Takasago International Corporation, and Robertet are among the prominent industry participants with a broad product portfolio and high segmental share. Key players holding less than 1% of the market share each are characterized as niche players which have limited regional operations or have low to medium aroma chemical product offerings

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Aroma Chemicals Market Segmentation

Grand View Research has segmented the global aroma chemicals market based on source, chemical, application, and region:

Aroma Chemicals Source Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Natural
• Synthetic
• Natural-identical

Aroma Chemicals Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Benzenoids
• Musk chemicals
• Terpenes & Terpenoids
• Others (Ketones, Esters, Aldehydes)

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

• Flavors
  • Confectionery
  • Convenience Food
  • Bakery Food
  • Dairy Products
  • Beverages
  • Others
• Fragrances
  • Fine Fragrance
  • Cosmetics and Toiletries
  • Soaps and Detergents
  • Others

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

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

List of Key Players in Aroma Chemicals Market

• Privi Organics India Limited
• BASF SE
• Kao Corporation
• Takasgo International Corporation
• Givaudan
• Bell Flowers & Fragrances
• Symrise
• S H Kelkar and Company

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.

Cardiac Catheters & Guidewires Market Forecasted to Grow at Steady Pace During 2022-2030: Grand View Research Inc.

 Cardiac Catheters & Guidewires Market Growth & Trends

The global cardiac catheters & guidewires market size is anticipated to reach USD 24.92 billion by 2030, registering a CAGR of 7.56% from 2022 to 2030, according to a new report by Grand View Research, Inc. The industry is expected to grow due to the increasing geriatric population, lack of substitutes in the market, rising incidence of diabetes across the globe, and technological advancements. Diabetic patients are more prone to develop certain health conditions, such as high cholesterol, high blood pressure, heart diseases, and stroke. In addition, long-term diabetes damages the blood vessels and nerves that directly control the heart muscles. This also increases the chances of developing Cardiovascular Diseases (CVDs).

Moreover, people suffering from diabetes also tend to develop heart disease and stroke at a very young age. Furthermore, diabetes triggers the risk of developing obesity, which, in turn, increases the predisposition to CVDs. The high incidence of diabetes is one of the major reasons for the increased prevalence of CVDs across the globe. For instance, according to the American Diabetes Association, around 37.3 million Americans, which was around 11.3% of the total population, were estimated to be suffering from diabetes. Moreover, as per the 10th edition of the International Diabetes Federation, 537 million people worldwide have diabetes, which is anticipated to reach 700 million by 2045. Furthermore, in recent years, the Caribbean, Middle East, Latin America regions, and some nations of the Pacific Islands marked the highest prevalence of diabetes in the world.

Moreover, technological advancements in cardiac catheters & guidewires devices can support clinicians in identifying patients with a high risk of disease, which is anticipated to spur the industry growth. For instance, in February 2022, Medtronic received FDA expanded approval for cryoablation cardiac catheters for pediatric patients for the treatment of a common heart rhythm disorder. Hence, such product launches provide growth opportunities. The COVID-19 pandemic had a negative impact on the industry due to a decrease in surgical procedure volumes. However, due to the ease in restrictions, countries have resumed elective procedures, suggesting that the industry will keep growing during the projected period.

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Cardiac Catheters & Guidewires Market Report Highlights

• The cardiac catheters segment led the industry in 2021 due to the introduction of technologically advanced products, rising number of coronary interventional procedures, and increasing incidence of diabetes
• The hospital end-use segment is expected to lead the industry during the forecast years due to the increasing prevalence of chronic diseases, rapidly growing geriatric population, and technological advancements in catheters
• Asia Pacific is expected to register the fastest CAGR over the forecast period. Growing awareness levels, increasing disposable income, and rising incidence of chronic conditions are the key factors boosting the region’s growth
• The industry is highly competitive due to the presence of many international companies

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Cardiac Catheters & Guidewires Market Segmentation

Grand View Research has segmented the global cardiac catheters & guidewires market based on product, end-use, and region:

Cardiac Catheters & Guidewires Product Outlook (Revenue, USD Million, 2018 - 2030)

• Cardiac Catheters
  • Electrophysiology catheters
  • PTCA balloons catheters
  • IVUS catheters
  • PTA balloons catheters
  • Guide extension catheter
  • Others
• Cardiac Guidewires

Cardiac Catheters & Guidewires End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Clinics
• Ambulatory Surgical Centers

Cardiac Catheters & Guidewires Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Cardiac Catheters & Guidewires Market

• Abbott
• Boston Scientific Corp.
• Getinge AB
• Biosense Webster, Inc (Part of Johnson & Johnson)
• Terumo Medical Corp.
• BIOTRONIK SE & Co. KG
• Medtronic
• CORDIS (A, Cardinal Health Company)
• QXMédical
• Teleflex Inc.
• Braun
• R., Bard, Inc (has joined BD)
• Cardinal Health
• Merit Medical Systems
• NIPRO
• BrosMed Medical 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.

Toxicity Testing Outsourcing Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 Toxicity Testing Outsourcing Market Growth & Trends

The global toxicity testing outsourcing market size is expected to reach USD 6.78 billion by 2030, registering a CAGR of 9.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing attrition rate in preclinical studies is stimulating demand for the outsourcing of preclinical studies to the CROs, which offer end-to-end services including toxicology testing services. Also, rising growth and innovation in pharmaceutical and biopharmaceutical companies, augment in R&D, and increasing ethical concerns about animal use are driving the enlargement of the market.

COVID-19 has significantly impacted the market for toxicity testing outsourcing. During the crisis, vaccine, medical device, and biologic contract research and manufacturing service providers played a predominant role in meeting the needs of pharmaceutical companies, biotech companies, and other end users. These organizations have been actively working towards the development of healthcare products that can be used as a treatment for patients, suffering from COVID-19 with mild symptoms, since the end of 2019. And these products require toxicity testing at each stage to assess safety and effectiveness, thus contributing to market growth.

Companies in the pharmaceutical and biopharmaceutical industries operate in an environment that is becoming more complex to understand. Improvements in many therapeutic areas, as well as the emergence of new types of therapies such as genetically targeted therapies, biologics, stem cell therapies, and other treatment modalities, have resulted in more complex development and regulatory pathways. To develop a treatment that is secure and efficient, it is necessary to do toxicity testing at each stage, which is boosting the market's growth.

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Toxicity Testing Outsourcing Market Report Highlights

• The method segment is segmented into in vitro and in vivo. In vitro accounted for the largest market share of 57.7% in 2021
• The academic and research institutes segment is anticipated to grow at the fastest CAGR of 9.6% during the forecast period. This is due to the rising research on novel drugs intended for various therapeutic areas
• Asia Pacific accounted for the fastest CAGR of 11.3% during the forecast period, owing to the cost efficiency offered by CROs and CDMOs in countries such as India and China
• In February 2022, Charles River Laboratories International, Inc. announced an expansion of its manufacturing capacity in Brunt wood SciTech’s Alderley Park in Europe

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Toxicity Testing Outsourcing Market Segmentation

Grand View Research has segmented the global toxicity testing outsourcing market based on the method, GLP type, end-use, and region:

Toxicity Testing Outsourcing Method Outlook (Revenue, USD Million, 2018 - 2030) 

• In vitro
• In vivo

Toxicity Testing Outsourcing GLP Type Outlook (Revenue, USD Million, 2018 - 2030)         

• GLP
• Non GLP

Toxicity Testing Outsourcing End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical and Biopharmaceutical Companies
• Academic and Research Institutes
• Others

Toxicity Testing Outsourcing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Toxicity Testing Outsourcing Market

• Euro fins Scientific
• SGS SA
• Charles River Laboratories
• Thermo Fisher Scientific, Inc.
• Intertek Group plc,
• Catalent, Inc.
• ICON plc.
• Med pace
• Labcorp Drug Development
• Wuxi AppTec

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.

Arachidonic Acid Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Arachidonic Acid Market Growth & Trends

The global arachidonic acid market size is expected to reach USD 309.0 million by 2030, registering a CAGR of 4.3% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising demand for applications including infant formula and supplements. The growing need for essential minerals in baby food is likely to create demand for ARA-based infant formula across the globe over the forecast period. The growing consumer awareness related to the benefits of ARA has led to the initiation of various marketing activities by different companies across regions. There is a rise in the cases of ARA deficiency, which has led to an increase in the intake of the same in different forms, such as injections, syrups, and tablets.

Growing awareness levels about the importance of preserving nutritive value are also anticipated to contribute to the industry's growth. North America, led by the U.S., Mexico, and Canada, accounted for the largest share of the global revenue. The presence of prominent producers, such as A&Z Food Additives Co. Ltd, Cargill, and Cayman Chemical Company, developed sports & infant nutrition industry, and high consumer disposable income levels are expected to drive the region’s growth. Product manufacturers are focusing on in-house production, which is intended to improve product quality, having a direct relationship with the brand value of a company. Acquisitions and joint ventures are an integral part of this industry and enable companies to strengthen their position and hold across the industry. Heavy investments by manufacturers in the development of low-cost production methods are anticipated to boost industry growth.

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Arachidonic Acid Market Report Highlights

• The solid form segment is estimated to register the fastest CAGRfrom 2022 to 2030 on the account of the growing popularity of these products as a result of the increasing spending power of consumers on infant care and sports activities
• The animal source is expected to be the fastest-growing segment over the forecast period owing to the easy availability of several animal-based options, such as eggs, meat, poultry, and seafood
• The infant formula application segment is projected to register the fastest CAGR from 2022 to 2030 owing to the increasing awareness regarding the benefits of ARA in baby nutrition
• Central & South America is projected to be the fastest-growing region from 2022 to 2030 due to the increasing consumer spending on infant health and sports nutrition products
• Technology upgrades coupled with innovative product development are projected to drive the industry over the forecast period. The introduction of technologies, such as particle size reduction and microencapsulation techniques, are expected to boost the industry growth in the coming years

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Arachidonic Acid Market Segmentation

Grand View Research has segmented the global arachidonic acid market based on form, source, application, and region:

Arachidonic Acid Form Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Solid
• Solvent

Arachidonic Acid Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Animal
• Plant

Arachidonic Acid Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Infant Formula
• Supplements

Arachidonic Acid Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Arachidonic Acid Market

• Suntory Beverage & Food Ltd.
• Cayman Chemical Company
• Cargill, Inc.
• BASF SE
• CABIO Biotech (Wuhan) Co., Ltd.
• Guangdong Runke Bioengineering Co. Ltd.
• Koninklijke DSM N.V.
• Avanti Polar Lipids, Inc.
• Bio-Techne Corporation
• Merck KgaA
• A&Z Food Additives 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.

Asia Pacific, Middle East And Africa Emulsifiers Market Pegged For Strong Growth During 2022-2030: Grand View Research Inc.

 Asia Pacific, Middle East And Africa Emulsifiers Market

The Asia Pacific, Middle East And Africa emulsifiers market size is expected to reach USD 4.24 billion by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 6.7% from 2022 to 2030. The industry is majorly driven by the rapid growth of the food and beverage industries and increase in the population.

The market in Asia Pacific, Middle East And Africa is anticipated to be driven by the demand for emulsifiers in food and beverage products. Favorable regulatory policies promoting the use of bio-based products and high consumer awareness regarding the toxicity of synthetic products are expected to further complement the demand for emulsifiers in these regions over the forecast period.

The market is established with major applications in food products. Asia Pacific emerged as the leading region in 2021. However, regional jurisdiction and regulatory scenario in food and beverages processing are likely to be the challenges for regional growth.

Raw materials such as sorbitan esters and stearoyl lactylates are also used as emulsifiers. The lecithin (emulsifier) market is expected to witness substantial growth over the upcoming years owing to its lubricant and emulsification properties that are widely used in the food & beverage industry. Increasing demand for convenience foods, nutrients and supplements, and natural foods is expected to serve as a key driver for the market.

Emulsifiers are widely used in the baked food industry for improving taste, starch complexing, protein interaction, fat emulsification like in biscuits, viscosity and fat crystallization, modification of texture, improvement of aeration, and foaming properties in cakes.

A shortfall in product supply created a demand and supply gap, which affected the growth of the emulsifier market for a short span of time. However, the emulsifier market has moved toward stability and even gained profit since 2021, following relaxation in restrictions imposed by the governments of different nations. Manufacturers are recovering from the losses they incurred and are operating at full capacity. The aforementioned factors are projected to augment the industry growth over the forecast period. 

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Asia Pacific, Middle East And Africa Emulsifiers Market Report Highlights

• The market growth in APAC and the MEA can be attributed to the rise in the baked food and beverage industry and the growing population
• Asia Pacific captured a leading revenue share of over 80.0% in 2021. This is owing to the rising foreign investments in the food-processing sector, coupled with the availability of abundant raw material sources and a broad consumer base
• By product, mono and di-glycerides held the largest revenue share of over 25.0% in 2021. They are most commonly used in baked goods and are manufactured from lipids via catalytic transesterification of glycerol
• The food application segment was the largest application segment in 2021 with a revenue share of over 75.0%. This is attributed to high demand from the bakery industry
• Companies including Cargill, Kerry, Basf SE, Corbion, and Nexira are exclusively engaged in the production and marketing of food emulsifiers. These companies sell their products through direct supply agreements and third-party agreements 

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Asia Pacific, Middle East And Africa Emulsifiers Market Segmentation

Grand View Research has segmented the Asia Pacific, Middle East And Africa Emulsifiers market on the basis of product, product by application, application, and region:

Asia Pacific, Middle East And Africa Emulsifiers Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Mono & Di-Glycerides
  • 40%
  • 60%
  • 90%
• Mono & Di-Glycerides Derivatives (MDG)
  • Lactem (Lactic acid esters of MDG)
  • Citrem (Citric acid esters of MDG)
• Polyglycerol Esters (PGE)
• Polyglycerol Polyricinoleate (PGPR)
• Propylene Glycol Monostearate (PGMS)
• Stearoyl Lactylate
  • Sodium Stearoyl Lactylate (SSL)
  • Calcium Stearoyl-2-lactylate (CSL)
• Sorbitan Esters
  • Sorbitan Monostearate (SMS)
  • Sorbitan Tristearate (STS)
• Others

Asia Pacific, Middle East And Africa Emulsifiers Product by Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Mono & Di-Glycerides
  • Food
    • Bakery
    • Confectionery
    • Convenience Foods
    • Meat Products
    • Dairy Products
    • Others
  • Non- Food
    • Personal Care
    • Home Care
    • Others
  • Mono & Di-Glycerides Derivatives (MDG)
    • Food
      • Bakery
      • Confectionery
      • Convenience Foods
      • Meat Products
      • Dairy Products
      • Others
    • Non-food
      • Personal Care
      • Home Care
      • Others
    • Polyglycerol Esters(PGE)
      • Food
        • Bakery
        • Confectionery
        • Convenience Foods
        • Meat Products
        • Dairy Products
        • Others
      • Non-food
        • Plastics/Polymers
        • Personal Care
        • Home Care
        • Others
      • Polyglycerol Polyricinoleate (PGPR)
        • Food
          • Bakery
          • Confectionery
          • Convenience Foods
          • Meat Products
          • Dairy Products
          • Others
        • Non-food
          • Personal Care
          • Others
        • Propylene Glycol Monostearate (PGMS)
          • Food
            • Bakery
            • Confectionery
            • Convenience Foods
            • Meat Products
            • Dairy Products
            • Others
          • Non-food
            • Personal Care
            • Others
          • Stearoyl Lactylate
            • Food
              • Bakery
              • Confectionery
              • Convenience Foods
              • Meat Products
              • Dairy Products
              • Others
            • Non-food
              • Personal Care
              • Home Care
              • Others
            • Sorbitan Esters
              • Food
                • Bakery
                • Confectionery
                • Chocolate Confectionary
                • Convenience Foods
                • Meat Products
                • Dairy Products
                • Ice Cream
                • Others
              • Non-food
                • Personal Care
                • Home Care
                • Agrochemicals
                • Others
              • Others
                • Food
                  • Bakery
                  • Confectionery
                  • Convenience Foods
                  • Meat Products
                  • Dairy Products
                  • Others
                • Non-food
                  • Plastics/Polymers
                  • Personal Care
                  • Home Care
                  • Agrochemicals
                  • Others

Asia Pacific, Middle East And Africa Emulsifiers Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Food
  • Bakery
  • Confectionery
    • Chocolate Confectionary
  • Convenience Foods
  • Meat Products
  • Dairy Products
    • Ice Cream
  • Others
• Non-food
  • Plastics/Polymers
  • Personal Care
  • Home Care
  • Agrochemicals
  • Others

Asia Pacific, Middle East And Africa EmulsifiersRegional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Asia Pacific
  • India
• Middle East & Africa
  • Saudi Arabia
  • Egypt
  • UAE
  • Nigeria
  • Turkey
  • South Africa
  • Qatar
  • Israel
  • Iran

List of Key Players of Asia Pacific, Middle East And Africa Emulsifiers Market

• Kerry Group plc.
• Vantage Specialty Chemicals
• Corbion N.V.
• Nexira
• Cargill Inc.
• Estelle Chemicals Pvt. Ltd.
• Plasgaard A/S
• BASF SE
• ADM (Archer Daniel Midland)
• International Flavors and Fragrances
• Ingredion 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.

Interventional Cardiology Devices Market to Partake Significant Development During 2022 to 2030: Grand View Research Inc.

 Interventional Cardiology Devices Market Growth & Trends 

The global interventional cardiology devices market size is expected to reach USD 16.11 billion by 2030, according to a new report by Grand View Research Inc., expanding at a CAGR of 3.7% from 2022 to 2030. Demand for interventional cardiology devices is on the rise owing to favorable reimbursement policies for coronary intervention procedures, rising prevalence of cardiovascular diseases (CVDs) and diabetes across the globe, and the launch of new product lines in the market. Cardiovascular diseases have become one of the major causes of mortality and morbidity in the world. Coronary artery disease and congenital heart defects are the major cardiovascular diseases that are prevalent across the globe. 

Furthermore, the adoption of unhealthy lifestyles, such as smoking, a sedentary lifestyle, and improper diet, is responsible for diabetes. Cardiac catheterization, angioplasty, and Percutaneous Coronary Intervention (PCI) are some of the major procedures used for the treatment of cardiovascular diseases. Since diabetes is one of the major reasons behind triggering cardiovascular diseases, increasing diabetes cases are expected to surge the demand for interventional cardiology devices over the forecast period. Although the market is anticipated to expand over the coming years, it might witness slower growth possibly brought on by the high price of medical devices, especially in developing economies with insufficient insurance coverage.

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Interventional Cardiology Devices Market Report Highlights

• The coronary stents product segment dominated the market and accounted for a revenue share of over 35.0% in 2021. Stenting technology is increasingly being preferred over conventional balloon angioplasty owing to the introduction of advanced DES and evolving bioresorbable scaffolds
• Technological advancements in coronary stents, such as the development of bifurcated stents and the use of biodegradable materials, have led to efficient and improved outcomes of CVD treatment. Companies are proactively involved in product developments and partnerships and strategic collaborations. The aforementioned factors are expected to propel industry growth over the forecast period
• In 2021, Asia Pacific accounted for the largest revenue share of over 55.0% and it is expected that this trend will continue in the near future. This industry growth is fueled by factors including regulatory revisions, economic expansion, and notably favorable reimbursement in some nations such as Australia. The market is also being impacted by growing government spending on healthcare and new initiatives to introduce devices at affordable costs in cost-constrained countries such as India
• The market is fragmented due to the presence of several players. This is expected to intensify the competition in the coming years. Market players are adopting various strategic initiatives such as partnerships, sales & marketing activities, mergers & acquisitions, service expansion, integrated offerings, and product launches to increase their market presence 

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

Interventional Cardiology Devices Market Segmentation

Grand View Research has segmented the global interventional cardiology market based on product and region: 

Interventional Cardiology Devices Product Outlook (Procedure; Unit Volume; ASP; Revenue, USD Million, 2017 - 2030)

• Coronary Stents
  • DES
  • BMS
  • BRS
• PTCA Balloon Catheters
  • Normal
  • Specialty (Includes cutting, scoring, and lithotripsy balloons)
  • DCB
• Accessory Devices
  • PTCA Guidewires (Workhorse, Specialty)
  • Diagnostic Catheters
  • PTCA Guiding Catheters
  • Introducer Sheaths
• Intravascular Imaging Catheters and Pressure Guidewires (IVUS Catheters, OCT Catheters, FFR Guidewires)

Interventional Cardiology Devices Regional Outlook (Procedure; Unit Volume; Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe (EU-5)
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • Turkey 

List of Key Players of Interventional Cardiology Devices Market 

• Abbott Laboratories
• Medtronic
• Boston Scientific
• Spectranetics
• Cardinal Health
• Philips Healthcare
• Terumo
• Alvimedica
• Teleflex Medical
• Braun
• Biosensors International
• Meril Life Sciences
• BIOTRONIK
• ACIST Medical Systems
• ASAHI INTECC
• CID Vascular
• Cook Medical
• Medinol
• Merit Medical Systems
• NuMED
• Opsens
• Vascular Solutions
• Zeon Medical

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.

Postal Automation System Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Postal Automation System Market Growth & Trends

The global postal automation system market size is anticipated to reach USD 1.34 billion by 2030, exhibiting a CAGR of 6.8% over the forecast period, according to a new report published by Grand View Research, Inc. The increasing e-commerce market and online retail shopping have resulted in a considerable rise in the number of orders across the globe. The companies are incorporating automation in postal services to meet the rising number of package processing.

Implementing automation in postal services has helped companies reduce their dependency on labor. Automation in parcel sorting systems, mail sorting systems, coding systems, automatic reading, and postal software has helped companies save operating costs and achieve high accuracy and productivity. Moreover, it reduces processing time, human errors, and increased labor costs and requirements.

The increasing adoption of e-commerce platforms has increased the demand for faster package processing as companies focus on faster deliveries to gain a competitive edge in the market. The automation in postal services helps to simplify processes and reduce labor costs while improving service quality.

The leading postal automation system market companies focus on technological development and introducing the latest technologies to reduce operational costs and carbon footprints. For instance, in May 2022, Deutsche Post DHL Group installed two robotic sorting machines of Dorabot Inc. at the Atlanta distribution centers to achieve labor efficiency and boost the sortation process.

The market offers various growth opportunities due to digitization; the companies are upgrading their infrastructure and incorporating automation into their existing postal services to improve service quality and reduce operational costs. In contrast, the challenges such as high initial investment as the systems require installation due to high numbers of software and hardware and timely service requirement, upgrades, and maintenance to avoid technical errors are expected to create challenges over the forecast period. 

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Postal Automation System Market Report Highlights 

• In the technology segment, the parcel sorter is expected to witness a CAGR growth of approximately 8% over the forecast period. The improved accuracy and ability to trace the parcel in real-time, reducing the missing package requests, is expected to fuel the market's future growth
• Commercial parcel services are anticipated to acquire the largest revenue share of almost 60% in the application segment by 2030. The increasing demand for faster mail delivery and adoption by e-commerce companies is expected to fuel the market's future growth
• The software segment is expected to witness the fastest CAGR of approximately 9% over the forecast period in the component segment. The increasing demand for automated mailing processes in numerous industries is expected to fuel market growth in the upcoming period
• COVID-19 has positively impacted the postal automation system industry as the parcel volume increased due to the increased adoption of e-commerce platforms for shopping as a result of the lockdown

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

Postal Automation System Market Segmentation

Grand View Research has segmented the global postal automation system market based on technology, component, application, and region:

Postal Automation System Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Culler Facer Canceller
• Letter Sorter
• Flat Sorter
• Mixed Mail Sorter
• Parcel Sorter
• Others

Postal Automation System Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
• Software
• Services

Postal Automation System Application Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial Postal
• Government Postal

Postal Automation System Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• MEA

List of Key Players in the Postal Automation System Market

• Toshiba Infrastructure Systems & Solutions Corporation
• Körber AG
• NEC Philippines, INC.
• SOLYSTIC
• Pitney Bowes Inc.
• Vanderlande Industries B.V.
• Fives Group
• Leonardo S.p.A.
• Lockheed Martin Corporation
• BEUMER GROUP
• Interroll Group
• Dematic
• Eurosort
• Fluence Automation, LLC.

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 Silicone Market to Reflect a Holistic Expansion During 2022 to 2030: Grand View Research Inc.

 Automotive Silicone Market Growth & Trends

The global automotive silicone market size is expected to reach USD 587.70 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.3% from 2022 to 2030. Growing awareness about lightweight materials used in automotive production is expected to boost demand for silicones. Automotive silicones find applications in vehicle interiors, exteriors, electrical systems, and suspension systems. The product's superior properties make it highly compatible with rubber, adhesives, sealants, and coatings, increasing its preference over other products. The increase in automobile production is the main driving factor for the growth of this market.

Strict environmental regulations regarding the use of electric and solar vehicles to reduce pollution are expected to boost the growth of the automotive silicone industry with the rise of green vehicles around the world. In addition, technological advances, modernization, and rapid upgrading have driven the demand for automotive electronic assistance systems. Therefore, the increasing use of these systems should have a positive impact on industrial expansion.

In the automotive silicone industry, there is an increasing trend towards innovative airbag designs with silicone-based rubber fabric coatings and seam seals. The integrity of the airbag design is enhanced with silicone rubber fabric coatings and seam seals that enhance impact protection and occupant safety. Automotive silicones are used in a wide range of applications due to their favorable properties such as resistance to corrosion, chemicals, heat, and UV rays. Their ability to reduce overall vehicle weight through application in specific parts of the vehicle is expected to drive the growth of the market over the forecast period.

Compared to other rubbers, silicone rubber has higher production costs, which is due to the complex processing. Silicone rubber must be further processed for effective use. Such processing requirements lead to higher production costs. However, the growing demand for silicone rubber has led companies to take eager steps to meet this demand. Several companies have formed partnerships to expand their product portfolio and production capacity.

Request a free sample copy or view the report summary: Automotive Silicone Market Report

Automotive Silicone Market Report Highlights

• In terms of revenue, the elastomerssegment accounted for a significant revenue share of 44% in 2021 and is further anticipated to witness prominent growth over the forecast period
• The interior and exterior parts segment dominated with more than 33% of the revenue share in 2021. These applications include damper oil for meters, seat belt lubricants, modification of synthetic leather seats, and door stoppers, and bonding & sealing for cosmic parts
• As of 2021, the Asia Pacific accounted for more than 44.0% of the revenue share. The presence of a well-established manufacturing base for silicones and automotive in China, Japan, and India among other countries is anticipated to provide further impetus to the regional market growth
• Major players are continuously working on developing their production plants owing to the increased usage of silicones in the automotive industry. For instance, in July 2022, Wacker Chemie AG introduced a new production site for silicones in India. The production of silicone fluids and silicone emulsions is expected to expand the business of the company in the coming future. This manufacturing plant will manufacture silicone products like rubber, and ready-to-use compounds for various end-use industries such as automotive, medical, electrical & electronics

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

Automotive Silicone Market Segmentation

Grand View Research has segmented the global automotive silicone market based on product, application, and region:

Automotive Silicone Product Type Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• Elastomers
• Adhesives And Sealants
• Resins
• Fluids
• Gels
• Others

Automotive Silicone Application Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• Interior And Exterior Parts
• Engine & Drive Train System
• Electrical System
• Suspension Systems
• Others

Automotive Silicone Regional Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

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

List of Key Players in Automotive Silicone Market

• Henkel AG & Co. KGaA
• 3M Company
• Permatex
• Elkem ASA
• Basildon Chemicals
• Specialty Silicone Products, Inc.
• Dow
• ACC Silicones Ltd.
• Wacker Chemie AG
• Shin-Etsu Chemical Co.
• Laur Silicone, Inc.
• CSL Silicones 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.