Aluminum Composite Panels Market Outlook & Future Forecast Report Till 2025

 The global aluminum composite panels market size is expected to reach USD 8.27 billion by 2025 registering a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Superior properties of ACPs, including corrosion and wear resistance and fire protection renders the product very useful for external cladding, ceiling, flooring, and internal wall cladding functions in the construction industry. Thus, rapid growth of the construction and infrastructure industries, most notably in emerging economies, is expected to drive the market. Growing automotive production in emerging countries coupled with rising usage of ACPs, as they are lighter than steel, is expected to benefit the overall market growth.

In addition, recyclability of automotive aluminum scrap is also likely to provide impetus to the consumption of product in automotive application. Eco-friendly characteristics of ACPs coupled with increasing adoption of green buildings is projected to fuel the product demand over the forecast period. Thermal and acoustic insulation offered by the product is also projected to increase its applications in modern construction. The market is moving towards consolidation on the back of the increasing application scope of the product. However, lack of process integration and competitive pricing strategies are expected to keep the competitive rivalry high in the global market over the forecast period.

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Further key findings from the study suggest:

• The global aluminum composite panels market was valued at USD 5.34 billion in 2018 and is expected to grow significantly during the forecast years due to rising product application scope in the construction industry
• PVDF was the largest product segment in 2018 and is estimated to expand further due to high product demand as a result of superior properties, such as resistance to wear & tear, UV, and corrosion
• The construction sector is anticipated to witness the highest CAGR over the forecast period on account of rapidly expanding construction industry in emerging economies, such China, India, and Brazil
• Passenger cars emerged as the largest end-use segment in 2018 on account increased usage of ACPs as they are lighter than steel
• The Asia Pacific market is projected to register the maximum CAGR of 7.3% over the estimate period primarily due to increased infrastructure development and construction activities in the region

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Grand View Research has segmented the global aluminum composite panels market on the basis of product, application, vehicle type, and region:

Aluminum Composite Panels Product Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

• PVDF
• Polyester
• Laminating Coating
• Oxide Film
• Others

Aluminum Composite Panels Application Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

• Construction
• Automotive
• Advertisement Boards
• Railways
• Others

Aluminum Composite Panels Vehicle Type Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

• Passenger Cars
  • Doors
  • Hoods
  • Wings
  • Side Panels
  • Others
• Light Commercial Vehicles (LCVs)

Aluminum Composite Panels Regional Outlook (Volume, Million Sq. ft., Revenue, USD Million, 2014 - 2025)

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

About Grand View Research

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

Polyglycerol Market is Thriving USD 3.83 Billion Revenue by 2025: Grand View Research Inc.

 The global polyglycerol market size is expected to reach at USD 3.83 billion by 2025 expanding at a CAGR of 9.0% during the forecast period, according to a new report by Grand View Research, Inc. Polyglyceryl-3 diisostearate, polyglyceryl-3 dimer dilinoleate, and polyglyceryl-3 ricinoleate are some of the key polyglycerol 3 esters. Polyglycerol esters are plant/vegetable-derived, which makes them renewable and eco-friendly. Thus, favorable regulations pertaining to the use of polyglycerol and its esters is likely to be the major factor driving the market fluctuating prices of raw materials and availability of substitutes may hamper the market growth.

Moreover, the potential supply-demand gap for glycerol, which is expected in near future, followed by the presence of enzymes are expected cause hindrance to the market growth. However, rapidly growing personal care and F&B industries coupled with increasing pharmaceutical investments is expected to propel the product demand. Polyglycerol is used as cosmetic additives in personal care industry. The personal care industry is witnessing accelerated growth across the globe owing to factors like increasing disposable income, access to online platforms, and demand for anti-aging, natural, and gender-specific products. The F&B application segment accounted for 30.2% of the overall volume share in 2017.

Increasing demand for food additives in bakery products, chocolate production, and other food-related markets is expected to boost the market growth over the forecast period. Polyglycerol is also used in other applications, such as drilling fluids, textile lubricants, and wastewater treatment. Increasing oil and shale exploration activities in North America and Africa are expected to augment the market development. Also, emphasis on the improvement of water treatment facilities owing to strict government regulations is likely to propel the product demand in near future. Led by U.S., North America is a prominent regional market on account of high demand for bakery items, cosmetics, and liquid detergents in the region.

Moreover, recovering of pharmaceutical industry in U.S. is expected to boost the demand further, thereby augmenting regional market expansion. Pioneers in the global market have undertaken several strategies, such as new product development, extensive R&D activities, and expansion of customer base, to gain competitive advantage over others. For example, in July 2017, Lonza acquired Capsugel S.A. for USD 5.5 billion to boost its growth and ability to cater to customers of pharmaceutical, healthcare, and nutrition industries.

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https://www.grandviewresearch.com/industry-analysis/polyglycerol-market

Further key findings from the study suggest:

• PG-4 was the largest product segment in 2017 and it accounted for a share of 28.2% of the overall revenue, owing to its wide application scope
• Food & beverage is forecasted to be the fastest-growing application segment over forecast period
• In 2017, China accounted for 45.6% of the APAC polyglycerol market, in terms of volume, due to rapid growth of the end-use industries in the country
• In terms of volume, PG-10 is expected to be the fastest-growing segment in APAC owing to the product’s extensive usage in personal care formulations
• Some of the key participants include Cargill, Inc.; Sakamoto Yakuhin kogyo Co., Ltd.; Spiga Nord S.p.A.; and The Good Scents Company
• Companies like Spiga Nord S.p.A and Procter & Gamble are integrated across the value chain, as both these companies are raw material suppliers as well as manufacturers

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

Polyglycerol Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• PG-2
• PG-3
• PG-4
• PG-6
• PG-10

Polyglycerol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Food & Beverage
• Pharmaceuticals
• Personal Care
• Others

Polyglycerol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

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

About Grand View Research

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

Neurothrombectomy Devices Market Growth in the Coming Years

 Neurothrombectomy Devices Market Growth & Trends

The global neurothrombectomy devices market size is anticipated to reach USD 1.10 billion by 2030, growing at a CAGR of 6.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing incidence of acute ischemic stroke on a global scale is majorly driving the market. Furthermore, increased adoption of unhealthy lifestyles and increasing awareness of the disorder among the population is fueling the market for neurothrombectomy devices.

The outbreak of the COVID-19 has a negative impact on the market as the majority of elective brain procedures were postponed to free-up limited space in healthcare settings to treat COVID-19 patients. For instance, according to the International Journal of Stroke in 2021, it was reported that the total mechanical thrombectomy procedures were decreased by 12.7% from March to May 2020 globally.

However, patients suffering from COVID-19 have subsequently shown neurologic symptoms which are expected to create a favorable environment for market growth in the near future. Thus, COVID-19 might have a positive impact on the market in near future.

Moreover, the introduction of technologically advanced products and the rapid product approval process are factors expected to fuel the market growth during the forecast period. There are various other technologies used in the development of neurothrombectomy devices for the treatment of AIS and its associated symptoms. For instance, in April 2019, Medtronic launched its fourth-generation Solitaire X revascularization device, which is designed for the treatment of AIS.

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Neurothrombectomy Devices Market Report Highlights

• Based on products, the clot retrievers segment dominated the market in 2021, with a share of 58.24% owing to the rising prevalence of acute ischemic stroke and an increasing number of product launches by key market players
• Based on end-use, the hospital segment dominated the market in 2021 with a share of 71.03% due to improving health care facilities and the availability of advanced equipment in the hospitals
• Europe led the market with the maximum revenue share in 2021, owing to the increasing number of patients suffering from acute ischemic stroke. As per the EM Consulte, approximately 1.1 million individuals suffer from stroke disorder amongst which acute ischemic stroke accounts for a significant share

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

Neurothrombectomy Devices Market Segmentation

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

Neurothrombectomy Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

• Clot Retrievers
• Aspiration/Suction Devices
• Vascular snares

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

• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers

Neurothrombectomy Devices 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
  • Mexico
  • Brazil
  • Argentina
  • Colombia
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players in the Neurothrombectomy Devices Market

• Medtronic
• Stryker Corporation
• Acandis GmbH
• Stryker
• Phenox GmbH
• Penumbra Inc.
• Vesalio
• Codman Neuro (Integra Lifesciences)

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.

Sodium Chlorite Market To Benefit from Increased Global Uptake of 2018 By 2025

 Sodium Chlorite Market Growth & Trends

The global sodium chlorite market is expected to reach USD 256.4 million by 2025, growing at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Superior antimicrobial, bleaching and disinfectant properties offered by the product is expected to drive its demand in water treatment, pulp & paper, medical and textile applications.

Sodium chlorite manufacturers compete on the basis of product price, grades, and their global reach. Chinese companies are the price settlers for the product as the region dominates the production in the world. Increasing raw material prices coupled with competitive pricing in the industry are expected to hamper the profit margins for the players.

The product has been labelled as a hazardous material under USDOT regulations (49 CFR) and has to adhere to all 49 CFR regulations, which makes the shipping of the chemical an expensive proposition. Thus, shipping smaller quantities of the product is not a cost-effective practice, which compels manufacturers to trade their products in bulk quantities.

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Sodium Chlorite Market Report Highlights

• The demand for the chemical as a disinfectant was valued at USD 92.7 million in 2016, and is expected to grow over the projected to period, owing to its increasing penetration in water treatment and medical application
• Water treatment was the largest application for the product accounting for 53.2% of the overall demand in 2016. Excellent biocidal and antimicrobial properties associated the product is expected to propel its demand in water treatment application
• The demand for the product in textile industry is expected to grow at a CAGR of 6.3% from 2017 to 2025, owing to its emergence as an excellent source for chlorine dioxide, which is a key bleaching agent required during fabric manufacturing
• Asia Pacific dominated the industry accounting over 75% of the global production, with China being the largest producer in the region. Rapid growth of domestic pulp & paper and water treatment industries in the region is expected to surge domestic consumption
• North America is expected to witness a growth of 5.4% from 2017 to 2025 owing to rising government focus to improve water and wastewater treatment processes in the region
• OxyChem dominates the industry in the North America, as it the only producer of the chemical in the U.S. The company owns manufacturing facility for the product in Wichita, Kansas, wherein they produce both solid and liquid grades of the product
• The key players involved include DuPont, ERCO Worldwide, Occidental Petroleum Corporation (OxyChem) and American Elements

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Sodium Chlorite Market Segmentation

Grand View Research has segmented the global sodium chlorite market on the basis of application, end-use and region:

Application Outlook (Volume, Tons; Revenue, USD Thousands, 2012 - 2025)

• Disinfectant
• Antimicrobial agent
• Bleaching agent
• Others

End- Use Outlook (Volume, Tons; Revenue, USD Thousands, 2012 - 2025)

• Water treatment
• Paper
• Textile
• Medical
• Others

Regional Outlook (Volume, Tons; Revenue, USD Thousands, 2012 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK
  • France
  • Italy
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
  • Mexico
• Middle East
  • United Arab Emirates
  • Saudi Arabia
  • Kuwait
  • Qatar
  • Oman
• Africa

About Grand View Research

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

X-ray Security Screening Market Insights Business Opportunities, Current Trends And Forecast 2030: Grand View Research Inc.

 X-ray Security ScreeningMarket Growth & Trends

The global X-ray security screening market size is expected to reach 6.25 billion by 2030, expanding at a CAGR of 8.9% from 2023 to 2030, according to a new study by Grand View Research, Inc. Drug trade, threats concerning piracy, cross-border terrorism, and human trafficking, among others, are anticipated to fuel global X-ray screening security industry demand over the forecast period.

Furthermore, the lapse of traditional security inspection methods has led to the implementation of technologically advanced security systems. Full-body scanners have emerged as a revolutionary concept in the arena of security screenings. Full-body scanners can detect various threats in minimal time to avoid any unwanted incidents during travel. Its implementation is at a novel stage and continues to attract high investments worldwide. These developments would further drive the X-ray security screening industry during the forecast period.

The increase in new airport construction activity and infrastructure upgrades continue to offer lucrative opportunities for the industry. In addition, security-related legislation is constantly updated and amended to address threats such as terrorist or criminal activity. For instance, the U.S. government passed a security-related legislation on the 16^th of September, 2015. It mandates all U.S. airports to incorporate established security procedures for responding to active shooters.

This legislation was enacted in response to the actions of the 2013 gunman attack on a TSA Officer at LAX International. Therefore, operators worldwide have been compelled to continually update their security procedures as per legislative norms and remain abreast of the latest technology solutions. These developments would further drive the X-ray security screening industry during the forecast period.

Businesses across the world were severely affected by the global COVID-19 outbreak. After the pandemic, biometric technologies proved to be quite helpful. During the pandemic, people started using masks, making it difficult for biometric technology-based equipment to identify the wearer. This resulted in the development of non-contact technologies like face and iris recognition.

The technology development reached a new level to increase government screening, surveillance, and protection capabilities. In terms of the sales and distribution capabilities of their product offering, the pandemic helped businesses mobilize swiftly and make both short-term and long-term adaptations to their business operations. However, technological advancements and regulatory mandates propelled the adoption of robust new systems. Replacement and upgradation of outdated systems and growing aftersales revenue serve as key opportunities for the X-ray security screening industry growth.

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X-ray Security Screening Market Report Highlights

• The commercial segment is anticipated to grow at a CAGR of 8.8% during the forecast period. Emerging technologies such as 3D body scanners and laser scanners are expected to provide witness rise in demand for full-body scan application frequently deployed at airports
• The product screening segment is anticipated to observe a CAGR of 8.9% during the forecast period. The segment growth can be attributed to the upgradation of airports, an increasing number of terminal expansions across the railways and metro stations, and growing air passenger traffic
• North America is expected to reach USD 2,022.5 million by 2030. The growth is ascribed to rapid adoption across the government sector and installation upgrades. X-ray scanners are most popular with the defense sector, which is expected to catapult the regional demand over the forecast period

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X-ray Security Screening Market Segmentation

Grand View Research has segmented the global X-ray security screening market based on end-use, application, and region:

X-ray Security Screening End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Transit
• Commercial
• Government

X-ray Security Screening Application Outlook (Revenue, USD Million, 2018 - 2030)

• People Screening
• Product Screening

X-ray Security Screening Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in X-ray Security Screening Market

• Thales
• Smiths Detection
• NEC Corporation
• Teledyne FLIR LLC
• Burker
• Analogic Corporation
• OSI Systems
• Leidos
• Aware, Inc.
• Kromek Group plc

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.

Coronary Artery Bypass Graft Market to Reflect Robust Expansion During the Forecast Period: Grand View Research Inc.

 San Francisco, 3 May 2023: The Report Coronary Artery Bypass Graft (CABG) Market Analysis By Type (Saphenous Vein Grafts, Internal Thoracic Artery Grafts), By Surgical Procedures, By Technology (On-Pump CABG, Off-Pump CABG), And Segment Forecasts, 2018 - 2025

The global coronary artery bypass graft (CABG) market is expected to reach USD 127.6 million by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness lucrative growth over the forecast period, owing to increasing prevalence of Cardiovascular Diseases (CVDs) such as Coronary Artery Disease (CAD) or Coronary Heart Disease (CHD) coupled with rising geriatric population across the globe.

Favorable reimbursement policies, such as the U.S. Medicare (federal health insurance program) system, Medicaid, and National Health Insurance (NHI) have been a prime growth factor for the CABG market. Medical device companies provide new product platforms, which are covered under reimbursement programs that benefit the patients. Reimbursement services provided by Medicare and other insurers to physicians and hospitals is expected to fuel the demand for the adoption of CABG devices such as catheters, cannulae, retractors, positioners & stabilizers, suction devices, and syringes during the forecast period.

Access Research Report of Coronary Artery Bypass Graft Market @ https://www.grandviewresearch.com/industry-analysis/coronary-artery-bypass-graft-cabg-market

Further Key Findings from the Study Suggest:

• The saphenous vein grafts segment held a profitable revenue share in 2016 and is anticipated to grow at a significant rate over the forecast period
• The off-pump CABG segment is anticipated to witness the fastest growth over the forecast period owing to the benefits offered by this technology such as increased safety, effective, reduced chances of bleeding during the surgery, low chances of stroke, low need for blood transfusions, low injury to the heart muscle, and improved quality of life
• The endoscopic vein harvesting segment is expected to gain the market share over the forecast period as it eliminates the requirement for long incisions associated with open (conventional) harvesting, resulting in reducing the risk of wound infection and other complications, minimizing postoperative pain, and increasing the patient satisfaction level
• North America is expected to dominate the CABG market during the forecast period, owing to the rising prevalence of CVDs in the U.S. and Canada. In addition, increasing per capita healthcare spending and growing population in the region are expected to spur the growth of this vertical.
• Some of the key players of this market are Medtronic; TERUMO CORPORATION; Guidant Group; MAQUET Holding B.V. & Co.KG; Vitalitec International, Inc.; Novadaq Technologies Inc.; KARL STORZ GmbH & Co. KG; Edwards Lifesciences; Genesee Biomedical Inc.; and Sorin Group

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Grand View Research has segmented the global CABG market on the basis of type, surgical procedure, technology, technique, and region:

CABG Market: Type Outlook (Revenue, USD Million, 2014 - 2025)

• Saphenous Vein Grafts
• Internal Thoracic Artery Grafts
• Other

CABG Market: Procedure Outlook (Revenue, USD Million, 2014 - 2025)

• Single CABG Surgery
• Double CABG Surgery
• Triple CABG Surgery
• Quadruple CABG Surgery

CABG Market: Technology Outlook (Revenue, USD Million, 2014 - 2025)

• On-Pump CABG
• Off-Pump CABG

CABG Market: Technique Outlook (Revenue, USD Million, 2014 - 2025)

• Conventional Vessel Harvesting
• Endoscopic Vessel Harvesting

CABG Market: Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa (MEA)

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.

Carbon Steel Market to Expand at a CAGR of 4.0% Through 2023 – 2030: Grand View Research Inc.

 Carbon Steel Market Growth & Trends

The global carbon steel market size is expected to reach USD 1,301.53 billion by 2030, expanding at a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increasing investment in the construction sector on account of factors such as rising housing needs, boosting tourism, and increasing commercial space is likely to augment the demand for carbon steel over the forecast period.

For instance, in August 2022, Nakheel PJSC announced a master plan vision for the Dubai islands. The plan involves the construction of five islands of 17 square kilometers by 2040. These islands are expected to have 80 resorts & hotels, cultural hubs, boutiques, dedicated public parks, and residential spaces. Such kinds of investments are expected to fuel the product demand over the coming years.

Carbon steel is one of the key materials used in the construction sector on account of its strength and hardness. It is used in rectangular tubing, highway construction plates, structural framework beams, and bridges. It is also a popularly used material in the manufacturing of hollow structural sections and rebars. Plain carbon steel exhibits various properties such as plasticity, ductility, flexibility, and bending ability. During natural calamities, such as earthquakes, it is a very useful material owing to its crack resistance. Thus, growth in the construction industry, especially after the pandemic aided the product demand.

Further, the automotive industry is another vital end-use for the market. For instance, high carbon steel finds use in various automotive applications such as door panels, vehicle chassis, and bushings, among others. A rise in vehicle production is thus anticipated to boost product consumption over the forecast period. According to OICA, world automotive production rose by 6% from 2021 to 2022.

Further, the growing emphasis toward sustainable production is aiding the market growth. For instance, in 2022, BMW, to further support its goal of reducing carbon dioxide emissions signed an agreement with Salzgitter AG to deliver low carbon steel. The product will be used in car production at the company’s European plants, from 2026 onwards. The company aims at fulfilling 40% of its demand by making use of low carbon steel at its plants in Europe, by 2030, thereby reducing carbon dioxide emissions by 400 kilotons per annum.

Availability of substitutes such as aluminum alloys and other lightweight alloys is anticipated to hinder market growth over the coming years. Aluminum alloys are the major substitutes for carbon steel in applications like shipbuilding. They are expected to gain a higher preference owing to properties like lightweight, which helps reduce the weight of the ship, enhance fuel efficiency, provide higher corrosion resistance, non-magnetic properties, and offer low cost maintenance.

Despite the various advantages of aluminum alloys, there is one drawback associated with them. Their high cost when compared to carbon steel restricts their consumption. However, this drawback can be compensated for with higher earnings.

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Carbon Steel Market Report Highlights

• Based on type, the low carbon steel segment accounted for the highest revenue share of nearly 90.0% in 2022. Availability of the product at an economical cost is likely to remain a key factor driving the segment growth.
• Based on application, shipbuilding accounted for a revenue share of nearly 12.0% in 2022. The spike in shipping transportation in 2021 after the pandemic, aided market growth.
• The construction segment is projected to witness a CAGR of 4.4%, in terms of revenue, over the forecast period. A positive outlook for the construction sector especially in emerging economies is projected to drive the segment growth.
• Based on region, Asia Pacific dominated the global market with a revenue share of over 66.0% in 2022. This trend is anticipated to continue over the forecast period. Availability of labor at an economical cost and increasing industrial outputs are the primary driving factors for the product demand to propel in the region.
• Middle East & Africa is anticipated to register a CAGR of 2.7%, in terms of revenue, over the forecast period. The increasing focus of the Gulf countries on non-oil & gas sectors is the primary factor driving segment growth.

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

Carbon Steel Market Segmentation

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

Carbon Steel Application Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

• Low Carbon Steel
• Medium Carbon Steel
• High Carbon Steel

Carbon Steel Application Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

• Construction
• Automotive
• Shipbuilding
• Others

Carbon Steel Regional Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

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

List of Key Players in Carbon Steel Market

• AK Steel Corporation
• ArcelorMittal
• Baosteel Group
• Evraz plc
• HBIS Group
• JFE Steel Corporation
• Nippon Steel Corporation
• NLMK
• POSCO
• United States Steel

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 Phone Protective Cover Market Size Is Predicted To Reach A Valuation Of USD 41.42 Billion By 2030: Grand View Research Inc.

 Mobile Phone Protective Cover Market Growth & Trends       

The global mobile phone protective cover market size is anticipated to reach USD 41.42 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 8.3% from 2023 to 2030. Growing demand among the younger populace for mobile cases and covers with unique designs is fueling the demand for the mobile phone protective cover market. Several smartphone companies operating are focusing on launching design features with high strength. Furthermore, the growing trend for customized phone covers in India, Japan, and China is compelling manufacturers to launch innovative covers. For example, in April 2022, U.S.-based OtterBox announced the launch of phone cases for iPad Air. The company launched the phone cases in spring-inspired colors such as pink and orange.

Furthermore, the growing e-commerce sector is also supporting the growth of the overall market. The e-commerce sector has acted as an opportunity for players in the market to expand their reach in the market. In addition, the easy availability of phone covers at lower prices, unique designs, and several other features are expected to drive the demand for the market.

The market for mobile protective cases presents a significant opportunity for manufacturers, thanks to the growing number of mobile device users in the Asia Pacific region, particularly in countries such as India, China, and Indonesia. This rise in smartphone adoption is linked to increasing internet access, the popularity of social media, and higher disposable incomes. Consequently, there is a growing demand for top-quality mobile cases, prompting market players to release new products. For instance, CG Mobile Brand and Company unveiled a range of cases for iPhones, iPads, and Macbooks in India in June 2022.                                                   

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Mobile Phone Protective Cover Market Report Highlights

• The body glove segment dominated the overall mobile phone protective cover market and is projected to grow substantially over the forecast period of 2023 to 2030
• Rising popularity of e-commerce is driving the demand for the overall market
• Asia Pacific had the largest market share in 2022 for the mobile phone protective cover market
• Global mobile phone screen cover market is highly competitive and fierce in nature owing to the presence of a large number of international and regional players which players striving to innovate persistently

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

Mobile Phone Protective Cover Market Segmentation

Grand View Research has segmented the global mobile phone protective cover market on the basis of product, distribution channel, and region:

Mobile Phone Protective Cover Product Outlook (Revenue, USD Million, 2017 - 2030)

• Body Gloves
• Pouch
• Phone Skin
• Hybrid Cases
• Others

Mobile Phone Protective Cover Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Mobile Phone Protective Cover Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of Mobile Phone Protective Cover Market

• Otter Products LLC
• Shenzhen Ipaky Electronic Co., Ltd;
• CG Mobile
• Incipio, LLC
• Griffin Technology
• Amzer
• Belkin International, Inc.
• XtremeGuard

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.

Weight Management Market Poised to Garner Maximum Revenues During 2022 – 2030: Grand View Research Inc.

 Weight Management Market Growth & Trends

The global weight management market size is expected to reach USD 298.6 billion by 2030, registering a CAGR of 9.7% over the forecast period, according to a new report by Grand View Research, Inc. The rising volumes of bariatric surgeries, rapid adoption of online weight loss & management programs, growth in disposable income levels in developing countries, government initiatives spreading awareness about the importance of weight management, and growing cases of obesity due to sedentary lifestyles are some of the major factors that are driving the market growth. For instance, as per the data from the Institute of Health Metrics and Evaluation, about 30.0% of the world’s population is either obese or overweight.

The developed countries and the lower & middle-income countries are expected to face huge challenges due to obesity as the obese population may have a higher penetration of chronic diseases, which might include diabetes, hypertension, and orthopedic diseases. Due to unhealthy eating habits and a lack of physical activities, cases of childhood obesity have increased in the past few years. Such children have a higher chance of suffering from chronic diseases in their adulthood. According to the report of Narayana Health, India reported about 14.4 million cases of obesity among children, which is the second-highest number of obese children across the globe.

A surge in the percentage of childhood obesity is due to an increasing number of hours in front of televisions and computers and decreasing number of active hours. The COVID-19 pandemic did affect the market negatively for a short period as there was a decline in the sales of weight management products and services as consumers were focusing on the purchase of essential goods. Furthermore, lockdown in several regions led to the temporary closure of gyms, fitness centers, health clubs, and sports institutes, which further negatively impacted the market. However, the growing awareness about healthy lifestyles and rising online sales pushed the market growth.

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Weight Management Market Report Highlights

• The diet function segment held the largest market share in 2021 as diets contain the right amount of proteins, fibers, and a lesser amount of carbohydrates and are considered an effective weight management method
• The growing popularity of customized and personalized diet plans as per the patient’s physiological conditions is further driving the meals segment
• Asia holds the highest share in the market. The market growth in this region can be attributed to the growing obese population and the increasing incidence of hypertension and diabetes
• Furthermore, a paradigm shift toward minimally invasive and non-invasive procedures is fueling the market growth
• The rising awareness about available alternatives for weight loss & management and the increasing popularity of diet plans & fitness centers are some of the key factors responsible for the market growth
• Asia Pacific dominated the global market in 2021 owing to the growing overweight & obese population and the increasing incidence of hypertension and diabetes

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

Weight Management Market Segmentation

Grand View Research, Inc. has segmented the global weight management market on the basis of function and region:

Weight Management Function Outlook (Revenue, USD Million, 2016 - 2030)

• Diet
  • Meals
  • Beverages
  • Supplements
    • Proteins
    • Fibers
    • Green tea extract
    • Conjugate linoleic acid
    • Green coffee
    • L-carnitine
  • Fitness equipment
    • Cardiovascular training equipment
      • Treadmills
      • Elliptical trainers
      • Stationary cycles
      • Rowing machines
      • Stair steppers
      • Other cardiovascular training equipment
    • Strength training equipment
      • Single station equipment
      • Plate loaded equipment
      • Benches and racks
      • Multistation equipment
      • Free weights
      • Accessories
    • Minimal invasive surgical equipment
      • Gastric bypass equipment
      • Laparoscopic sleeve gastrectomy equipment
      • Laparoscopic adjustable gastric banding systems
      • Biliopancreatic diversion surgery/duodenal switch equipment
      • Revision surgery equipment
    • Noninvasive surgical equipment
      • Intragastric balloon systems
      • Endobarrier
      • Endosuturing devices
      • Stomaphyx
    • Others
  • Services
    • Fitness centers
    • Sliming centers
    • Consultation services
    • Online weight loss service

Weight Management Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Spain
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Taiwan
  • Singapore
  • New Zealand
  • Hong Kong
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Israel

List of Key Players of Weight Management Market

• Herbalife International, Inc.
• NutriSystem, Inc.
• Weight Watchers International, Inc.
• com
• Brunswick Corp.
• Life Extension
• Ethicon US, LLC: Ethicon Endo-surgery, Inc.
• Apollo Endosurgery Inc.
• Kellogg Company
• Technogym
• Atkins Nutritionals, Inc
• Covidien
• Jenny Craig, Inc.
• Gold’s Gym International, Inc.
• Nu Skin Enterprises
• Now Health Group, Inc.
• Vitaco Health Limited
• Cargill, Inc.
• Nutrisystem, Inc.
• Amer Sports
• Johnson Health Tech
• Amway
• GNC Holdings, 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.

Aramid Fiber Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Aramid Fiber Market Growth & Trends

The global aramid fiber market size is expected to reach USD 6.98 billion by 2030, registering a CAGR of 7.3% over the forecast years, as per a new report by Grand View Research Inc. Superior properties, such as strength and heat-resistance, of aramid fiber have promoted its utilization in the production of body armor fabric. The growing need for security and protection across various industries, such as mining, healthcare/medical, oil & gas, building & construction, and military, is projected to propel the market growth. In addition, stringent regulations in developing economies related to occupational safety are likely to benefit the market growth over the forecast period.

Aramid fibers are being increasingly used as an alternative to metal wire and organic fiber in structural composite applications in the aerospace and marine sectors, and ropes for oil rigs in offshore locations. In addition, product benefits, such as non-aggressive wear & tear on drums and discs and fade resistance, are anticipated to propel its usage. The manufacturing process involves the use of a number of high-cost chemicals, which elevates its production cost. In addition, huge capital investment in machinery and production process is anticipated to pose a threat to the growth of the market. However, the development of cost-beneficial production facilities is anticipated to boost the market growth.

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Aramid Fiber Market Report Highlights

• Para-aramid fiber accounted for the largest market share in 2022 owing to its properties, such as an excellent strength-to-weight ratio coupled with superior chemical resistance
• The security & protection application segment dominated the market in 2022 owing to concerns regarding the protection of personnel in the military and industrial sectors
• The market in AsiaPacific is anticipated to grow at the fastest CAGR from 2023 to 2030 on account of the growing need for security & protection measures across the military & defense sector and medical industry
• The U.S. market is projected to witness strong growth over the forecast period on account of the increasing demand for Personal Protective Equipment (PPE)
• The market is highly competitive owing to the presence of several players that are primarily consolidated in the Asia Pacific and North America, whereas Europe exhibits a limited presence of the established players

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

Aramid Fiber Market Segmentation

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

Aramid Fibers Product Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Para-Aramid
• Meta-Aramid

Aramid Fibers Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Security & Protection
• Frictional Materials
• Rubber Reinforcement
• Optical Fibers
• Tire Reinforcement
• Electrical Insulation
• Aerospace
• Others

Aramid Fibers Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Aramid Fiber Market

• Teijin Ltd.
• Yantai Tayho Advanced Materials Co.
• I. du Pont de Nemours & Company (DowDuPont)
• Hyosung Corp.
• Toray Chemicals South Korea, Inc.
• Kermel S.A.
• Kolon Industries, Inc.
• Huvis Corp.
• China National Bluestar (Group) Co., Ltd.
• SRO Aramid (Jiangzu) 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.