Modified Starch Market is Anticipated To Expand at a CAGR of 5.3% Over The Forecast Period: Grand View Research Inc.

 

Modified Starch Market Growth & Trends

The global modified starch market size is predicted to reach USD 18.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. The market is anticipated to expand significantly during the forecast period due to its use in a variety of applications such as paper, food and beverage, pharmaceuticals, textiles, and other applications like biodegradable polymers, coatings, and adhesives. Growing concern about health and nutrition, as well as a shift toward a healthier diet, are likely to be major factors driving the market.

The product penetration will rise over the forecast period as the demand for organic sweeteners in non-carbonated soft drinks and energy drinks rises. In order to produce efficient water-soluble modified starches, companies are investing more in research and development, which has created dynamic market conditions. Product innovation has significantly increased recently in order to access markets and reap strategic advantages. As a result, businesses have integrated and diversified their product portfolios to increase their presence throughout the value chain.

Modified starch has a high viscosity and improves the flavor, aroma, and color of the food it is used in because it contains very low protein and fat/lipid content. It also has organoleptic qualities and can be used in a variety of meals. Additionally, native-modified starch is suitable to be used in pet feeds and animal nutrition. During the palletization and extrusion processes, it facilitates the improvement of the finished product's texture while also giving animals a digestible energy source.

The market is expanding as a result of the rising demand for modified starch in personal care and cosmetic products to cater to distinct consumer preferences. In addition to being a potent substitute for silicone as well as other raw materials, modified starches also reduce greasiness. They are a great addition to baby and children's products along with cosmetics for tanning. Additionally, starches provide a chance to increase the stability of the emulsion. These factors are predicted to fuel product demand in the coming years.

Ingredient suppliers have been expanding their starch sources, and starch innovations are now focused on baked food elements such as fruit filling in desserts and sauces in frozen food meals. According to Starch Europe, European starch production has increased to over 11 million tons in 2020 as compared to 8.7 million tons in 2004. This includes starch made from maize, potato, and wheat. More importantly, an increasing number of starch manufacturers are investing in the European starch and sweetener market to contribute to the local economy and community, whilst also positioning the business for long-term progress, which will drive market growth.

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Modified Starch Market Report Highlights

• Starch esters & ethers led the market with the highest revenue share in 2021 owing to their ability to improve food texture and shelf life
• Corn-based starch led the material segment with the highest revenue share in 2021 owing to its ease of availability
• In terms of value, thickeners dominated the function segment with the highest revenue share in 2021. This is attributable to the product’s ability to enhance the viscosity of any liquid without affecting other properties
• Food & beverage led the application segment in terms of revenue owing to the growing demand for convenience and packaged foods globally

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Modified Starch Market Segmentation

Grand View Research has segmented the global modified starch market based on product, material, function, end-use, and region:

Modified Starch Product Outlook (Revenue, USD Million, 2017 - 2030)

• Starch Esters & Ethers
• Resistant
• Cationic
• Pre-gelatinized
• Others

Modified Starch Material Outlook (Revenue, USD Million, 2017 - 2030)

• Corn
• Cassava
• Wheat
• Potato
• Others

Modified Starch Function Outlook (Revenue, USD Million, 2017 - 2030)

• Stabilizers
• Thickeners
• Emulsifiers
• Binders
• Others

Modified Starch End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Food & Beverage
• Animal Feed
• Paper
• Pharmaceuticals
• Textiles
• Others

Modified Starch Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Thailand
  • Australia & New Zealand
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players in the Modified Starch Market

• Emsland-Stärke GmbH
• Grain Processing Corporation
• Global Bio-Chem Technology Group Company Limited
• Ingredion Incorporated
• Roquette Frères
• ADM
• Agrana Beteiligungs AG
• Avebe U.A.
• Cargill, Incorporated
• Samyang Genex Corp.
• Beneo-Remy N.V.
• Siam Modified Starch Co., Ltd.
• China Essence Group Ltd.
• PT Budi Starch & Sweetener Tbk
• Tate & Lyle PLC
• ULRICK&SHORT
• KMC (Kartoffelmelcentralen) Amb

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.

For More Information: www.grandviewresearch.com

Formulation Development Outsourcing Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Formulation Development Outsourcing Market Growth & Trends

The global formulation development outsourcing market size is expected to reach USD 61.4 billion by 2030 and is expected to expand at a CAGR of 7.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The high burden of chronic and infectious diseases, the growing focus on improving the bioavailability of poorly soluble drugs, and the complications associated with drug development are contributing to the demand for formulation development services globally. Furthermore, the COVID-19 outbreak has influenced the need for clinical trials to find an effective treatment against the contagious virus. This has resulted in significant investments in research and development (R&D) to develop therapeutics, which are expected to drive the market.

According to Pharma R&D Annual Review 2022, biopharmaceutical and anticancer drugs are the major drugs in the development stage in the year 2022, this is expected to improve the demand for formulation development of these drugs post-pandemic. Globally, the pharmaceutical companies are making significant contributions to R&D activities. For instance, Merck’s R&D cost was USD 2,516.8 million in 2020 as compared to USD 2,494.8 million in 2019. Similarly, Biogen’s R&D expenses accounted for USD 3,990.9 million in 2020. The company’s R&D expenditure increased by 75% as compared to 2019. The significant increase in R&D expenditure is likely to have a positive impact on the market.

A significant number of drugs fail to reach late-stage clinical trials owing to complications associated with formulation development. Moreover, strict regulations regarding the development of drugs are further contributing to the demand for outsourcing formulation development. Such factors are expected to improve the demand. The COVID-19 incidence has been significantly reduced owing to the growing vaccination drive globally. As a result, the CRO and CDMO are once again concentrating on the development of drugs for oncology and other disorders. For instance, in April 2022, Labcorp collaborated with Xcell Biosciences to support the company in developing cell and gene therapies for treating cancer, Parkinson’s disease, and other rare diseases. Such initiatives by the CDMOs are likely to promote the demand for the formulation development outsourcing of drugs used in the treatment of cancer and other rare diseases. 

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Formulation Development Outsourcing Market Report Highlights

• Based on services, the pre-formulation segment is expected to witness a CAGR of 6.7% in the forecast period owing to the growing demand for new drugs due to the high disease burden worldwide.
• Based on formulation, the injectable products segment is expected to rise with the fastest CAGR of 7.7% in the forecast period owing to the high bioavailability of parental formulations.
• Based on therapeutic area, the oncology segment is likely to witness the fastest CAGR of 8.3% in the forecast owing high burden of cancer worldwide, thus contributing demand for formulation development of new drugs.
• Asia Pacific held the largest revenue share in 2022 due to the presence of a significant number of CROs providing cost effective formulation development services.

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Formulation Development Outsourcing Market Segmentation

Grand View Research has segmented the global formulation development outsourcing market report based on service, formulation, therapeutic area, and region.

Formulation Development Outsourcing Service Outlook (Revenue, USD Million, 2018 - 2030)

• Preformulation
• Formulation Development

Formulation Development Outsourcing Formulation Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injectable
• Topical
• Others

Formulation Development Outsourcing Therapeutic Area Outlook(Revenue, USD Million, 2018 - 2030)

• Oncology
• Infectious disease
• Neurology
• Hematology
• Respiratory
• Cardiovascular
• Dermatology
• Others

Formulation Development Outsourcing Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Turkey
  • Netherlands
  • Switzerland
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • Taiwan
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Egypt
  • Israel

List of Key Players in Formulation Development Outsourcing Market

• SGS S.A.
• Intertek Group plc
• Recipharm
• Lonza
• Charles River Laboratories International, Inc.
• Eurofins Scientific SE
• Element
• Labcorp
• Thermo Fisher Scientific, Inc. (Patheon)
• Catalent 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.

Data Center Construction Market Competitive Insight and Key Drivers 2023 to 2030: Grand View Research Inc.

 Data Center Construction Market Growth & Trends

The global data center construction market size is anticipated to reach USD 371.87 billion by 2030, expanding at a CAGR of 7.4% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The growth is fueled by the increasing demand for data storage and processing capabilities and the increased use of big data analytics. Furthermore, the growing trend of cloud computing and virtualization, along with the rise in digital transformation is also contributing to the market growth. Other significant factors driving the data center construction market growth include rising investment in infrastructure projects, increasing government spending on information technology, and greater demand from the enterprise sector.

The adoption of a software-defined data center in the healthcare industry is expected to drive data center construction market growth in the near future. There has been an increase in medical expenditures every year. The Institute for Health Metrics and Evaluation predicts that by 2040, healthcare spending will total USD 18.28 trillion, with high-income countries spending USD 9,019 per person. Despite the nascent stage that healthcare organizations are in with adopting modern IT infrastructure changes. Data management, networking, and server storage can be streamlined, unified, and improved by implementing a software-defined data center in the healthcare industry.

Asia Pacific IT infrastructure industry expanded significantly during fiscal 2019. The increase in sales of networking equipment, such as switches and routers, handles this expansion. Businesses like Huawei Technologies Co. Ltd., Dell, and HP Enterprises have all contributed significantly to the expansion of the market in the area. The introduction of new products by these businesses in the servers and networking sectors has helped the IT infrastructure market expand throughout the Asia Pacific. Additionally, this region is receiving a significant investment from cloud service companies. For instance, Amazon.com invested USD 339.7 billion in its Indian data center and e-commerce businesses in February 2020.

The increased construction of hyper-scale data centers throughout the world to store large amounts of data is creating a lucrative opportunity for industry participants. Hyper-scale data centers are utilized in a variety of industries to enhance computing power, memory, networking infrastructure, and storage resources. The physical infrastructure and distribution systems supporting the data centers for optimizing cooling efficiency, and the capacity to extensively scale computing workloads effectively, are among the different elements of hyper-scale data centers.

Internet of things (IoT), artificial intelligence (AI), and intelligent computing are gaining popularity in a variety of sectors and industrial verticals, creating opportunities for market participants. Developing countries have invested in data center infrastructure as part of their efforts to automate the economy. These facilities have witnessed widespread use in areas such as BFSI, manufacturing, healthcare, and energy, among others. For instance, in 2020, Wiwynn unveiled next-generation Open Compute Project (OCP) servers to meet the growing demand for cloud computing, artificial intelligence, and high-performance computing.

The network infrastructure ecosystem is benefitting from government initiatives aimed at reducing barriers to cross-border operations. As a result, key players like AT&T Intellectual Property, Huawei Technologies Co. Ltd, and Sky Telecom Inc, among others, have been aggressively investing in rising economies in Latin America, the Middle East, and other regions to expand their business. These market players are securing contracts and tapping into new markets to increase their presence with technological advancements and product innovations. In addition, these key players are pursuing various strategic activities, such as geographical expansion, acquisitions, mergers, and collaborations. For instance, in 2020, MOX Networks, LLC, and Cologix declared a new partnership to provide connectivity solutions across North America.

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Data Center Construction Market Report Highlights

• The IT infrastructure segment is expected to register a CAGR of 7.4% over the forecast period as a result of the increasing demand for high-performance computing servers, storage capacity, and sophisticated networking infrastructure.
• In Asia Pacific, the market is expected to witness high growth over the forecast period in line with the rapid development of IT and communication infrastructure and the continued rollout of 5G networks.
• Key players focus on product innovation and introduction of new technologies to their portfolio. For instance, in June 2018, Huawei Technologies Co. Ltd. released Smart DC 3.0, a solution that leverages AI technology to manage cooling and the utilization of power and resources.

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Data Center Construction Market Segmentation

Grand View Research has segmented the global data center construction market based on IT infrastructure, power distribution & cooling infrastructure, miscellaneous expenses, tier type, end use, and region:

Data Center Construction IT Infrastructure Outlook (Revenue, USD Billion, 2018 - 2030)

• Networking Equipment
• Server
• Storage

Data Center Construction Power Distribution & Cooling Infrastructure Outlook (Revenue; USD Billion; 2018 - 2030)

• Power Distribution
• Cooling

Data Center Construction Miscellaneous Expenses Outlook (Revenue; USD Billion; 2018 - 2030)

• Miscellaneous Expenses

Data Center Construction Tier Type Outlook (Revenue; USD Billion; 2018 - 2030)

• Tier 1
• Tier 2
• Tier 3

Data Center Construction End-Use Outlook (Revenue; USD Billion; 2018 - 2030)

• IT & Telecom
• BFSI
• Government & Defense
• Healthcare
• Energy
• Others

Data Center Construction Regional Outlook (Revenue; USD Billion; 2018 - 2030)

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

List of Key Players of Data Center Construction Market

• Acer Inc.
• Cisco Systems, Inc.
• Dell Inc.
• Fujitsu
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd.
• IBM
• Lenovo
• Oracle
• Inspur
• Ascenty
• ABB
• Hitachi, Ltd.
• Equinix, Inc.
• Gensler
• Schneider Electric
• HostDime Global Corp.
• IPXON Networks
• KIO Networks
• Vertiv Group Corp.

About Grand View Research

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

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

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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

Access Press Release@ https://www.grandviewresearch.com/press-release/global-x-ray-security-screening-market

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

Access Press Release of Coronary Artery Bypass Graft Market@ https://www.grandviewresearch.com/press-release/global-coronary-artery-bypass-graft-cabg-market

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.