Head And Neck Cancer Therapeutics Market To Hold a High Potential for Growth by 2030: Grand View Research Inc.

 Head And Neck Cancer Therapeutics Market Growth & Trends 

The global head and neck cancer therapeutics market size is expected to reach USD 3.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.5% from 2022 to 2030. Increasing advancements in the diagnosis and treatment of head and neck cancer (HNC) are anticipated to propel market growth, as they are cost-effective and more specific to target over surgeries. The increasing prevalence of different types of HNCs and the growing geriatric population are major drivers of the market. 

According to the Cancer Research Institute, in 2021, approximately 54,000 people were diagnosed with different types of HNC and about 11,000 deaths were reported in the U.S. Heavy alcohol consumption, prolonged sun exposure, cancer-causing viral infection such as Epstein-Barr virus (EBV) and tobacco consumption are some of the major factors contribute to rising incidence of various head and neck cancers worldwide. 

Furthermore, according to the United Nations, it was estimated that, in 2020, there were around 727 million people aged 60 years and above worldwide. In addition, the geriatric population is expected to increase from 9.3% in 2020 to 16% in 2050. Aging weakens the immune system and makes people susceptible to different types HNCs, consequently, increasing the demand for therapeutic drugs for the treatment of disease. 

Moreover, an increase in R&D activities for the development of novel targeted drugs and a multidisciplinary therapeutic approach is expected to lead to an increased survival rate of patients suffering from head and neck cancers. For instance, Merck/Debiopharm’s Xevinapant is currently in phase III clinical trials for the treatment of squamous head and neck cancer. It has received breakthrough therapy designation from the U.S. FDA. 

Supportive reimbursement policies are also expected to drive market growth. Several organizations provide financial assistance to patients and their caregivers for purchasing medicines. For instance, in July 2022, British Colombia Cancer included Capecitabine, Carboplatin, Cetuximab, Cisplatin, Docetaxel, Doxorubicin, Fluorouracil, and Leucovorin Calcium in their benefit drug list. Drugs included in this list are applicable for reimbursement for approved indications.

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Head And Neck Cancer Therapeutics Market Report Highlights 

• By therapy type, the immunotherapy segment held the largest market share in 2021 due to the presence of supportive reimbursement policies and the higher efficacy of immunotherapy drugs as an effective treatment for head and neck cancer diseases
• By route of administration, the oral segment is expected to be the fastest-growing segment during the forecast period. This can be attributed to the high safety, efficacy, and tolerability associated with this route of administration among rare disease patients
• By distribution channel, the retail and specialty pharmacy segment dominated the market in 2021. This dominance can be attributed to the preference of oncologists for specialty pharmacies. Oncologists often need specialty pharmacies so that with extensive therapeutic knowledge, they can support treatment plans and relieve them from the administrative burden
• Asia Pacific is expected to be the fastest-growing region during the forecast period. The growth of the region can be attributed to the entry of new products into the region. For instance, in 2020, NMPA approved ERBITUX (Cetuximab) developed by Merck and Co., Inc., to treat patients with head and neck cancer in China 

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Head And Neck Cancer Therapeutics Market Segmentation

Grand View Research has segmented the global head and neck cancer therapeutics market on the basis of therapy type, route of administration, distribution channel, and region: 

Head And Neck Cancer Therapy Type Outlook (Revenue, USD Million, 2018 - 2030)

• Chemotherapy
• Immunotherapy
• Targeted Therapy

Head And Neck Cancer Therapeutics Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Injectable
• Oral

Head And Neck Cancer Therapeutics Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Retail & Specialty Pharmacies
• Hospital Pharmacies
• Online Pharmacies

Head And Neck Cancer Therapeutics Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Head And Neck Cancer Therapeutics Market 

• Eli Lilly and Company
• Sanofi
• Merck & Co., Inc.
• Clinigen Group plc.
• Bristol-Myers Squibb Company
• AstraZeneca
• Takeda Pharmaceutical Company Limited
• Teva Pharmaceutical Industries Ltd
• Hoffmann-La Roche 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.

Green Ammonia Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Green Ammonia Market Growth & Trends

The global green ammonia market size is expected to reach USD 73.05 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 116.5% from 2023 to 2030. The growth is majorly driven by the rising consciousness among consumers regarding sustainable products, which has led to a preference for them. Another contributing factor is the increasing awareness of the need to produce clean energy and decrease carbon emissions, leading to a surge in demand for such products. As a result, the market has established itself, with a growing demand from diverse industries such as power generation, refrigeration, transportation, fertilizer, and others.

In the transportation sector, particularly maritime shipping, the product has been gaining traction. The International Maritime Organization (IMO) reports that this industry alone is responsible for emitting 3% of carbon emissions each year. This has resulted in players in the industry facing pressure to reduce their carbon footprint and transition to sustainable fuel sources. In comparison to other fuels, green ammonia is the most effective in terms of storage, cost, and availability.

The primary driving force behind the market is the global imperative to decrease carbon emissions. Green ammonia, which is expected to become a commodity chemical in the years ahead, has the potential to completely eradicate the carbon footprint from chemical production. Furthermore, the production and consumption of green ammonia are being stimulated by government policies, subsidies, and regulations.

The International Energy Agency (IEA) reports that China is a major contributor to global ammonia production, accounting for 30% of it. The Asia Pacific region is expected to be a critical market due to the presence of many manufacturers serving various industries, including fertilizer and transportation, as well as the high potential for research and development in the region's developing economies. As a result, renewable products are projected to experience significant growth in the area throughout the forecast period.

The geopolitical conflict in Europe has caused a substantial increase in petrochemical and gas prices, making the traditional method of producing ammonia costly. In contrast, producing green ammonia is both sustainable and cost-effective. These factors are expected to drive market growth in the near future.

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Green Ammonia Market Report Highlights

• Fertilizer is the fastest growing end-use segment with a CAGR of 118.3% on the account of increasing use of eco-friendly fertilizers and growth in fertilizer production from developing economies
• Solid oxide electrolysis is the fastest growing technology with a CAGR of 117.9% owing to its high electric efficiency ranging above 90% with high current densities at low voltages
• Asia Pacific is the fastest growing region with a CAGR of 126.5% because of the government initiatives for renewable products, rising investments from investors of developed regions, and the feasibility of the technology in the region
• Europe is home to many ammonia production plants and has thriving opportunities for new entrants as the market is consolidated
• The key players are constantly involved in new technology development, strategic initiatives such as mergers, and capacity enhancement in order to gain a competitive edge in the market 

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Green Ammonia Market Segmentation 

Grand View Research has segmented the global green ammonia market on the basis of technology, end-use, and region:

Green Ammonia Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Solid Oxide Electrolysis
• Proton Exchange Membrane
• Alkaline Water Electrolysis

Green Ammonia End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Power Generation
• Transportation
• Fertilizer
• Refrigeration
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Spain
  • Russia
  • The Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Central & South America
  • Brazil
  • Chile
  • Argentina
  • Peru
• Middle East & Africa
  • Saudi Arabia
  • Zimbabwe
  • Morocco
  • South Africa

List of Key Players of Green Ammonia Market

• MAN Energy Solutions
• Siemens Energy
• ITM Power PLC
• Nel Hydrogen
• Hydrogenics
• ThyssenKrupp AG
• McPhy Energy
• Green Hydrogen Systems
• EXYTRON
• Electrochaea
• Enapter
• AquaHydrex
• Yara International
• BASF SE
• Uniper
• ENGIE
• Starfire Energy
• Haldor Topsoe
• Hiringa Energy
• Queensland Nitrates Pty 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.

Motorcycle Helmet Market to Reap Excessive Revenues By 2030

 Motorcycle Helmet Market Growth & Trends

The global motorcycle helmet market is expected to reach USD 3.88 billion by 2030, registering a CAGR of 6.6% from 2022 to 2030 period, according to a new report by Grand View Research, Inc. The helmet provides protection from the weather and increases the comfort of the motorcycle rider by decreasing the sound of the wind. This factor increases demand for motorcycle helmets which drives the growth of the market.

Lack of awareness regarding road safety is the key factor that hampers the growth of the market. Governments are taking initiatives and applying strict regulations to reduce the number of road accidents. Thus, it creates ample opportunity for the key players operating in the market during the forecast period.

COVID-19 has had a negative impact on the motorcycle helmet market. Due to the implementation of lockdown and travel restrictions from governments in various countries, people during the lockdown were forced to stay at home. This resulted in a drastic decline in sales of motorcycle helmets. Additionally, customers’ buying power is hampered due to the world economic slowdown. COVID-19 has resulted in a decrease in sales of motorcycles, globally, which caused a decline in motorcycle helmet sales in 2020.

The full-face segment accounted for the largest market share of around 60.0% of the global market in 2021. This type of helmet covers the entire face and head as compared to half and open-face helmets, which increases rider safety. Several countries such as the U.S and Canada have implemented stringent road safety rules and regulations, thus propelling demand for full-face helmets. In recent years, several new features such as Bluetooth technology and high-end visibility have been popular in full-face helmets. Therefore, the full-face segment generated significant revenue in 2021.

Asia Pacific acquired the largest revenue share in the motorcycle helmet market in 2021. India and China, the world’s largest markets for motorcycles dominated the global market for motorcycle helmets and generated maximum revenue in 2021. Major players operating in the region are concentrating on growing the production of modular helmets as well as custom motorcycle helmets as per national and international standards. Government guidelines on safety standards and vehicle driving safety keep a strong demand for the sales of motorcycle helmets in Asia-pacific.

The companies operating in the global market for motorcycle helmets are launching new products that focus on ease of usage. Development of the product portfolios as well as mergers & acquisitions are the strategies implemented by the key players. In April 2022, HJC Helmets partnered with the 2021 F1 Drivers’ Championship Winning Team to promote its products and grab a larger number of customers.

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Motorcycle Helmet Market Report Highlights

• Europe is expected to grow at the highest CAGR during the forecast period. This is attributed to the rapidly increasing number of electric motorcycles in this region. Apart from that, adopting maximum safety measures and spending largely on motorcycle protective equipment such as helmets is expected to increase the market at the fastest CAGR throughout the forecast period
• The open-face segment is likely to grow at the highest CAGR during the forecast period. The overall weight of the open-face helmet is less than the full-face helmet owing to the absence of a chin bar. Moreover, open-face helmets are cost-effective as compared to the full face helmets
• The passenger segment is anticipated to expand at the top CAGR during the forecast period. To ensure high safety for the riders of two-wheelers, most of the government has made it compulsory for the passenger riders to wear helmets along with riders, thus segment is expected to grow at the fastest CAGR during the forecast period
• The online segment is likely to expand by the highest CAGR during the forecast period. This is attributed to the flexible payment options such as online payment from debit and credit cards to Google Pay and Phone Pay are available. Additionally, bikers get access to a large range of helmets with online surfing.

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Motorcycle Helmet Market Segmentation

Grand View Research has segmented the global motorcycle helmet market based on the product, end-user, distribution channel, and region.

Motorcycle Helmet Product Outlook (Revenue, USD Million, 2017 - 2030)

• Full Face
• Open Face
• Off-Road/ Racing
• Others

Motorcycle Helmet End User Outlook (Revenue, USD Million, 2017 - 2030)

• Rider
• Passenger

Motorcycle Helmet Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Motorcycle Helmet Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Motorcycle Helmet Market

• DaineseSpA
• HJC Europe S.A.R.L
• Shoei Co. Ltd
• Arai Helmet Ltd.
• Alpine stars S.p.A
• Schuberth GmbH
• BELL HELMET
• FOX
• STUDDS Accessories Limited
• Royal Enfield
• p.a.

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.

Spinal Muscular Atrophy Treatment Market Set to Witness an Uptick during 2022 to 2030: Grand View Research Inc.

 Spinal Muscular Atrophy Treatment Market Growth & Trends 

The global spinal muscular atrophy treatment market size is expected to reach USD 18.0 billion by 2030, according to a new study by Grand View Research Inc. This is expected to expand at a CAGR of 18.6% from 2022 to 2030. This growth can be attributed to the increasing product approval and launches. For instance, in August 2020, the Food and Drug Administration approved Evrysdi (risdiplam) developed by Genentech, Inc., for the treatment of pediatric patients aged two months and older with spinal muscular atrophy (SMA). 

In addition, in May 2020, Novartis AG received conditional approval to its SMA candidate Zolgensma (onasemnogene abeparvovec) from the European Commission (EC) to treat patients with SMA. It is only approved gene therapy in Europe. In March 2021, PTC Therapeutics, Inc., received marketing approval for Evrysdi (risdiplam) from the EMA for the treatment of patient with type1, 2, and 3 spinal muscular atrophy. Thus, increasing number of product approvals is expected to drive the spinal muscular atrophy treatment market. 

Novartis AG is supporting SMA patients by offering medicine at free of cost through global Managed Access Program (MAP). This program provides 100 doses of Zolgensma at free of charge to eligible SMA patients across continents including North America, South America, Asia, Australia, Europe, and Africa. Thus, presence of such supportive programs for Zolgensma strengthens promotional activities and also aid in generating revenue. 

Global SMA newborn screening and easy access to diagnostic tools should be included in routine approach. This would ensure early diagnosis and timely access to treatment. For instance, in July 2021, a charlotte baby received a breakthrough gene therapy treatment for Spinal Muscular Atrophy (SMA) at UNC Medical Center in Chapel Hill, N.C., after diagnosis with spinal muscular atrophy through Early Check newborn screening program. Such screening programs are expected to boost early diagnosis and treatment of disease. 

Moreover, there are several extensive research collaborations undertaken by pharmaceutical companies with research institutes for developing novel therapies for the treatment of spinal muscular atrophy patients. For instance, in March 2021, PTC Therapeutics, Inc., and The Spinal Muscular Atrophy Foundation entered into research collaboration to advance scientific research and developing new treatment to treat patients with SMA. 

However, high costs associated with the treatment and low availability of participant for clinical trial purposes may restrain market growth over the forecast period. The high cost related to research and development of an orphan drug is a major factor of rising prices of product. For instance, the most commonly used drug Spinraza costs around USD 125,000 per injection and USD 750,000 annually. Furthermore, Zolgensma (AVXS-101) costs USD 2.1 million for one time treatment. 

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Spinal Muscular Atrophy Treatment Market Report Highlights 

• By type, the type-1 segment held the largest market share in 2021 due to higher prevalence and wide availability of products for the treatment of patients with type-1 spinal muscular atrophy
• By treatment, the gene therapy segment is expected to be the fastest growing segment over the forecast period due to increase market penetration. Zolgensma is the only approved gene therapy in 37 countries to treat patient with SMA
• By drug, the Spinraza segment dominated the market in 2021 due to presence of supportive reimbursement policies and increasing awareness about products. Currently, Spinraza is applicable for full reimbursement in three European countries Italy, Norway, Netherlands
• By route of administration, the injection segment dominated the market in 2021 due to high safety, efficacy, and tolerability associated with infusion drugs to SMA patients through this route of administration
• Asia Pacific is expected to be the fastest growing region during the forecast period. The growth of region is attributable to the entry of new products into the region. For instance, in July 2021, F. Hoffmann-La Roche Ltd launched Evrysdi (risdiplam) for the treatment of patient with spinal muscular atrophy in India 

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Spinal Muscular Atrophy Treatment Market Segmentation

Grand View Research has segmented the global spinal muscular atrophy treatment market based on type, application, technology, end-use, and region:

Spinal Muscular Atrophy Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

• Type 1
• Type 2
• Type 3
• Type 4

Spinal Muscular Atrophy Treatment Outlook (Revenue, USD Million, 2018 - 2030)

• Gene Therapy
• Drug

Spinal Muscular Atrophy Treatment Drug Outlook (Revenue, USD Million, 2018 - 2030)

• Spinraza
• Zolgensma (AVXS-101)
• Evrysdi
• Others 

Spinal Muscular Atrophy Treatment Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injection

Spinal Muscular Atrophy Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Spinal Muscular Atrophy Treatment Market

• Biogen
• Novartis AG
• Ionis Pharmaceuticals Inc.
• Biohaven Pharmaceuticals
• Hoffmann-La Roche Ltd
• Cytokinetics
• Scholar Rock, Inc.
• PTC Therapeutics
• NMD PHARMA A/S

About Grand View Research

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

Global Safety Eyewear Market to Register Stable Expansion During 2022– 2030: Grand View Research Inc.

 Safety Eyewear Market Growth & Trends

The global safety eyewear market size is expected to reach USD 5.51 billion by 2030, registering a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is largely driven by stringent workplace safety regulations and increasing dependence on visual media. People who spend long hours working on laptops or computers can experience discomfort in their eyes. Spending long hours focusing on thescreen and fonts can cause eye strain and fatigue, as well as headaches. Staring at screens for long hours can also leave eyes red, causing eyes to become dry due to lack of blinking. This happens frequently, as computer screens or other digital displays reduce a person’s blink rate by as much as 50%.

According to the National Safety Council, America’s leading nonprofit safety advocate, on a daily basis, around 2,000 workers in the U.S. sustain workplace-related eye injuries that require medical treatment. However, more than 85% of eye injuries can be avoided by wearing safety eyewear. The American Academy of Ophthalmology is spreading awareness about the importance of workplace eye safety and wellness and is encouraging employers and employees to wear the right protective equipment. The association also found that workplace-related eye injuries cost more than USD 300 million a year in lost productivity, treatment, and compensation.

These injuries range from simple chemical eye burns to blunt trauma injuries, which may lead to temporary or permanent vision loss and blindness. Workers in the construction, manufacturing, and mining sectors are more prone to such injuries; about 40% of eye injuries in the workplace are in these three sectors.Non-prescription safety eyewear held the largest share in terms of revenue. This can be attributed to the fact that the majority of safety eyewear is procured for the labor workforce to prevent debris and hazardous chemicals from damaging the eyes. Non-prescription eyeglasses are mainly for individuals who can no longer read the fine print.

In addition, non-prescription sunglasses are regulated as medical devices in the U.S. by the Food and Drug Administration’s Center for Devices and Radiological Health. The segment dominated the industry due to the mass manufacture of safety equipment appropriate for all kinds of workplaces. The global industry is characterized by the presence of a few well-established players, such as Kimberly-Clark Corp., MCR Safety, Honeywell International Inc., and 3M Company.

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Safety Eyewear Market Report Highlights

• The non-prescription segment held the largest revenue share due to the fact that the majority of safety eyewear is procured for the labor workforce to prevent debris and hazardous chemicals from damaging the eyes
• In 2021, North America was the largest region. The market is mainly driven by the stringent regulations related to the workers’ safety in various industrial operations
• For instance, safety eyewear in Canada must have the Canadian Standards Association (CSA) mark to indicate that it is compliant with CSA standards
• The industrial manufacturing segment accounted for the largest revenue share in 2021. The growth is attributed to the high product demand in a range of operations, such as processing, assembling, and finishing, which expose workers to dust particles, harmful chemicals, and dangerous light radiations

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Safety Eyewear Market Segmentation

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

Safety Eyewear Product Outlook (Revenue, USD Million, 2017 - 2030)

• Prescription
• Non-prescription

Safety Eyewear Application Outlook (Revenue, USD Million, 2017 - 2030)

• Oil & Gas
• Construction
• Mining
• Industrial Manufacturing
• Military
• Others

Safety Eyewear Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Safety Eyewear Market

• Kimberly-Clark Corp.
• MCR Safety
• Honeywell International, Inc.
• UVEX Winter Holding GmbH & Co., KG
• Medop SA
• 3M Company
• Bolle Safety
• Radians, Inc.
• Pyramex Safety Products LLC
• Gateway Safety, 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.

U.S. Car Care Products Market to Reach $4.25 Billion by 2030: Grand View Research Inc.

 U.S. Car Care Products Market Growth & Trends

The U.S. car care products market is expected to reach USD 4.25 billion by 2030, registering a CAGR of 3.5% from 2022 to 2030, as per a new report by Grand View Research Inc. Rising automotive sales, coupled with growing awareness regarding the appearance and maintenance of the vehicle is expected to drive the car care market growth.

The U.S. is one of the major automotive markets globally and is expected to witness significant demand for polishing and cleaning products for passenger cars. Increasing awareness among consumers regarding the benefits of car care products is expected to drive their consumption over the estimated period.

The market is also expected to expand with the growth of the automotive industry owing to increasing technological advancements. Car care products are crucial products used to maintain the aesthetics of vehicles. They are used to improve gloss & shine and increase the durability of the vehicle.

Luxury cars and sports utility vehicles are the major consumers of appearance products. Car care products such as waxes and polishes are used to offer shine and protection to the vehicle. In addition, protectants and cleaners are used to maintain the appearance of the vehicle. This trend is expected to propel the product demand for car care products during the forecast period.

The COVID-19 pandemic has helped in boosting consumer preference for e-commerce as the preferred distribution channel for car care products owing to restrictions in movement and closing of retail shops. However, with the onset of the pandemic and close down of service centers for automotive, users shifted to D-I-Y (do it yourself) products, which helped in keeping the sales of car care products from dipping to alarming levels.

The major players in the industry face intense competition owing to the presence of a large number of players in the market and lack of product differentiation. These players heavily invest in research & development in an attempt to expand their product portfolios and production capacities, thereby sustaining their market positions.

The players in the market use the cost-advantage approach for their products. Primary activities and support activities determine the cost of the product. To achieve cost advantage, companies consider various factors including inbound logistics, operations, outbound logistics, marketing and sales, and services. The aforementioned factors are the primary activities that include everything from receiving raw materials to the manufacturing and distribution of car care products.

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U.S. Car Care Products Market Report Highlights

• Car cleaning products segment dominated the market and was valued at USD 873.9 million in 2021 and is expected to capture about 30.3% revenue share of the market by 2030. Its widely used for the removal of contaminants and residues from the exterior surface of vehicles.
• Car polish accounted for the revenue share of 10.5% in 2021 on account of maintaining the shine and enhancing the appearance of the vehicle. Polishes are the primary product used in the process of paintwork care and appearance enhancement.
• The 501 - 999 ml packaging volume segment dominated the market in 2021 by accounting for a share of 39.0% of total revenue. This segment is projected to grow at a CAGR of 3.6% in terms of revenue over the forecast period.
• The retail end-use segment accounted for the largest revenue share of 70.4% in 2021 and is projected to ascend at a significant rate over the forecast period. Growing demand for products from individual vehicle owners coupled with the wide availability of car care products in commercial markets are likely to support the segment growth in the projected time.
• Key players in the market, such as 3M Company, Inc.; The Clorox Company; and Valvoline Inc. have formed mergers and acquired the production facilities or divisions of smaller players as a part of their strategies to enhance their scope of operations and provide better services to clients. A large number of key players are concentrated in the U.S.

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U.S. Car Care Products Market Segmentation

Grand View Research has segmented the U.S. car care products market based on product, packaging volume, end-use, and distribution channel:

U.S. Car Care Products Product Outlook (Revenue USD Million, 2017 - 2030)

• Car Cleaning Products
• Car Polish
• Car Wax
• Glass Cleaning Products
• Interior Care Products
• Wheel & Tire Care Products

U.S. Car Care Products Packaging Volume Outlook (Revenue USD Million, 2017 - 2030)

• Less than 250 ml
• 251 - 500 ml
• 501 - 999 ml
• 1000 - 5000 ml
• More than 5000 ml

U.S. Car Care Products End-Use Outlook (Revenue USD Million, 2017 - 2030)

• Retail (B2C)
• Professional (B2B)

U.S. Car Care Products Distribution Channel Outlook (Revenue USD Million, 2017 - 2030)

• E-commerce
• Retail Stores
• Car Detailing Stores

List of Key Players in U.S. Car Care Products Market

• 3M
• Sonax GmbH
• Tetrosyl Ltd.
• Chemical Guys
• Armor All
• Turtle Wax, Inc.
• Autoglym
• Mother’s
• Adam’s Polishes
• Griot’s Garage
• KET Ceiling

About Grand View Research

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

Industrial Air Filtration Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 

Industrial Air Filtration Market Growth & Trends

The global industrial air filtration market size is anticipated to reach USD 11,279.8 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% from 2023 to 2030. Growing demand for high-performing, energy-efficient products and stringent industrial regulations such as Clean Air Act are expected to propel the demand over the forecast period.

Growing electricity consumption has resulted in the development of new power generation plants, which is expected to be a major factor positively influencing market demand for industrial air filtration equipment. Furthermore, the implementation of stringent government regulations to protect human health by limiting airborne pollutant concentrations will contribute to market growth.

Companies across the globe are turning towards sustainable alternatives such as green manufacturing in order to improve competitive advantage. Moreover, governments globally are collaborating with environmental organizations to develop standards to control harmful emissions, thereby contributing to market expansion.

Industrial air filtration systems improve the safety and health aspects of running a pressurized system, thus increasing supply reliability while lowering the risk of production loss. Furthermore, an efficient industrial air filtration system conserves energy by significantly lowering energy consumption in various industrial applications such as food, pharmaceutical, and agriculture.

Modern air filtration products help filtration plant managers and system designers reduce operating costs and save energy costs while meeting required quality standards. Rapid urbanization, resource scarcity, and growing environmental awareness are anticipated to drive the market over the forecast period.

Companies such as Honeywell International, Inc.; MANN+HUMMEL; and Daikin Industries, Ltd. are undertaking strategic acquisitions, partnerships, and product launches to strengthen their product portfolio. For instance, in March 2021, MANN+HUMMEL announced its strategic investment in Pamlico Air, thus driving value for MANN+HUMMEL’s air filtration business.

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Industrial Air Filtration Market Report Highlights

• HEPA filters led the market and accounted for over 29.5% share in 2022 owing to the presence of air filters with advanced efficiency that removes microscopic organisms that may cause serious harm and inorganic dust suspended in the air
• The power segment is expected to witness steady growth as this industry has to comply with several government regulations including EPA and OSHA standards
• The food & beverage segment accounted for the largest share of over 21.4% in 2022. Legislations pertaining to food safety coupled with codes of practice for high-risk food manufacturing provide avenues for market growth
• Asia Pacific is estimated to register a significant CAGR of 6.8% over the forecast period owing to the high penetration of these products across the metal and plastic industry coupled with increased R&D spending in the Asia Pacific food & beverage industry
• The market is competitive due to the presence of multinationals operating in the industry. It is characterized by the presence of a significant consumer base with the companies operating their business through dedicated distribution networks

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Industrial Air Filtration Market Segmentation

Grand View Research has segmented the global industrial air filtration market based on product, end-use, and region:

Industrial Air Filtration Product Outlook (Revenue, USD Million; 2018 - 2030)

• Dust Collectors
• Mist Collectors
• Fume Collectors
• HEPA Filters
• Cartridge Collectors & Filters
• Baghouse Filters
• Others

Industrial Air Filtration End-Use Outlook (Revenue, USD Million; 2018 - 2030)

• Cement
• Food & Beverage
• Metal
• Power
• Pharmaceutical
• Chemical & Petrochemical
• Paper & Wood Processing
• Agriculture
• Others

Industrial Air Filtration Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List Of Key Players Of Industrial Air Filtration Market

• Honeywell International, Inc.
• MANN+HUMMEL
• Daikin Industries, Ltd.
• Danaher
• Donaldson Company, Inc.
• SPX Technologies
• Lydall, Inc.
• Alfa Laval
• PARKER HANNIFIN 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.

Zero Friction Coatings Market to Reflect Robust Expansion During 2022-2030: Grand View Research Inc.

 Zero Friction Coatings Market Growth & Trends

The global zero friction coatings market size is estimated to reach USD 1,346.00 million by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. Growth can be attributed to the fact that these coatings reduce friction and wear resulting in low fuel consumption and less heat generation. According to the European Automobile Manufacturers' Association, 79.1 million motor vehicles were produced across the globe in 2021 which was up by 1.3% as compared to 2020. Zero friction coatings can extend the time between component maintenance and replacement, especially for machine parts that are expensive to manufacture.

Several applications in the automobile industry use wear-resistant plastic seals that require zero tolerance for failure and lifetime service confidence. Increasing demand for the product from the automotive industry across the globe for various applications including fuel pumps, automatic transmissions, oil pumps, braking systems, and others is expected to drive its demand over the forecast period.

Low friction coatings can be used in extreme environments comprising high pressure, temperatures, and vacuums. These coatings can provide improved service life and performance thereby eliminating the need for wet lubricants in environments that require chemicals, heat, or clean room conditions. The product containing molybdenum disulfide (MoS2) are suitable for reinforced plastics while those free from MoS2 are suitable for non-reinforced plastics.

Zero friction coatings are paint-like products containing submicron-sized particles of solid lubricants dispersed through resin blends and solvents. The product can be applied using conventional painting techniques such as dipping, spraying, or brushing. The thickness of the film has a considerable influence on the anti-corrosion properties, coefficient of friction, and service life of the product. Its thickness should be greater than the surface roughness of the mating surfaces.

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Zero Friction Coatings Market Report Highlights

• In 2021, molybdenum disulfide emerged as the dominant type segment by contributing around 50% of the revenue share. This is attributed to its properties such as low coefficient of friction at high loads, electrical insulation, and wide temperature range
• The automobile & transportation was the dominating end-use segment accounting for a revenue share of more than 35% in 2021 due to the rapid growth of the automotive industry across the globe
• The energy end-use segment is anticipated to grow at a CAGR of 5.7% in terms of revenue by 2030, owing to the excessive wear on the drill stem assembly and the well casing during the drilling operations in the oil and gas sector
• In Asia Pacific, the market is projected to witness the highest CAGR of 5.8% over the predicted years owing to the presence of car manufacturing industries in the countries such as Japan, South Korea, and China

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Zero Friction Coatings Market Segmentation

Grand View Research has segmented the global zero friction coatings market market report on the type, formulation, end-use, and region:

Zero Friction Coatings Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Polytetrafluoroethylene
• Molybdenum Disulfide
• Others

Zero Friction Coatings Formulation Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Solvent-based Coatings
• Water-based Coatings
• Powder Coatings

Zero Friction Coatings End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automobile & Transportation
• Aerospace
• General Engineering
• Food & Healthcare
• Energy
• Others

Zero Friction Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Thailand
• Central & South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • Turkey
  • South Africa
  • Morocco

List of Key Players of Zero Friction Coatings Market

• Endura Coatings
• DuPont
• VITRACOAT
• Poeton
• Bechem
• ASV Multichemie Private Limited
• GMM Coatings Private Limited
• IKV Tribology 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.

Sports Nutrition Market to Expand At A CAGR Of 7.4% throughout the Forecast Period: Grand View Research Inc.

 

Sports Nutrition Market Growth & Trends

The global sports nutrition market size is expected to reach USD 81.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. The rising adoption of fitness activities and diet food is expected to contribute to the market growth.

The consumption of sports nutrition products by a large population pool is expected to drive the market. Moreover, the increasing number of health clubs and fitness centers is anticipated to positively contribute to the growth. For instance, Brazil had 29,125 fitness and health clubs operational in 2020, while Mexico had 12,817 health clubs. Furthermore, there has been a noticeable increase in the demand for fitness as consumers seek to exercise and reap the benefits of an active lifestyle.

The rising number of individuals suffering from obesity and increased awareness about health-related issues are expected to boost the demand for supplements during the forecast period. For instance, in North America, the incidence of obesity is growing at an alarming rate. According to the CDC, the prevalence of obesity in the U.S. was 41.9% from 2017 to 2020. Further, an increase in awareness about the role of nutritional supplementation in managing health and leading an active life is fueling the market growth. The increasing popularity of herbal and organic products is also a significant factor driving the market.

Increased use of social media platforms for the promotion of nutritional products by manufacturers and the partnerships undertaken by them with fitness influencers, bloggers, and nutrition influencers are expected to boost awareness about the products, thereby positively impacting the growth of the market during the forecast period. For instance, MyProtein hired celebrity nutritionist Arunav Bhattacharyya as a brand influencer to promote its brand in India.

Various initiatives such as the launch of new products and product innovations are being undertaken by manufacturers, which is driving the market. For instance, in February 2021, Clif Bar & Company launched snacking bars to expand its Luna bars product portfolio. These snack bars comprise prebiotics to support digestive health and act as healthy snacking alternatives or meal replacements. Moreover, the adoption of online platforms has increased considerably due to the COVID-19 pandemic. According to a survey conducted by United Nations Conference on Trade and Development and Netcomm Suisse eCommerce Association, online purchase of pharmaceutical and health products has increased by 9.0%. This, in turn, is driving the nutritional supplements market.

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Sports Nutrition Market Report Highlights

• In 2022, by product, the sports supplements segment held the largest share due to the growing awareness about health and fitness among the adults
• In 2022, the post-workout application segment dominated the market owing to the various benefits offered by these products such as increased muscle strength and recovery
• In 2022, the powder formulation segment held the largest share due to the ease of consumption and longer shelf life of products
• In 2022, the adult consumer group segment held the largest share owing to the increased number of adults taking up fitness and exercise activities
• In 2022, the fitness enthusiasts end-user segment dominated the market due to the growing trend of fitness among the consumers
• The brick-and-mortar sales channel segment held the largest share in 2022 due to the customer preference to buy products through these stores
• In 2022, North America held the largest share of over 45.0% due to the availability of advanced healthcare facilities and high healthcare expenditure

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Sports Nutrition Market Segmentation

Grand View Research, Inc. has segmented the global sports nutrition market on the basis of product type, application, formulation, consumer group, end-user, sales channel, and region:

Sports Nutrition Product Type Outlook (Revenue, USD Million, 2016 - 2030)

• Sports Supplements
  • Protein Supplements
    • Animal-based
    • Whey
    • Casein
    • Egg
    • Fish
    • Others
    • Plant-based
    • Soy
    • Spirulina
    • Pumpkin Seed
    • Hemp
    • Rice
    • Pea
    • Others
  • Vitamins
  • Minerals
  • Amino Acids
  • Probiotics
  • Omega -3 Fatty Acids
  • Carbohydrates
  • Detox Supplements
  • Electrolytes
  • Others
• Sports Drinks
  • Isotonic
  • Hypotonic
  • Hypertonic
• Sports Foods
  • Protein Bars
  • Energy Bars
  • Protein Gels
• Meal Replacement Products
• Weight Loss Product

Sports Nutrition Application Outlook (Revenue, USD Million, 2016 - 2030)

• Pre-workout
• Post-workout
• Others

Sports Nutrition Formulation Outlook (Revenue, USD Million, 2016 - 2030)

• Tablets
• Capsules
• Powder
• Softgels
• Liquid
• Gummies

Sports Nutrition Consumer Group Outlook (Revenue, USD Million, 2016 - 2030)

• Children
• Adult
• Geriatric

Sports Nutrition End-user Outlook (Revenue, USD Million, 2016 - 2030)

• Athletes
• Fitness Enthusiasts
• Bodybuilders
• Lifestyle Users

Sports Nutrition Sales Channel Outlook (Revenue, USD Million, 2016 - 2030)

• Brick And Mortar
  • Specialty Stores
  • Small Retail Stores
  • Fitness Institutes
  • Grocery Stores
  • General Discount Stores
  • Discount Clothing Retailers
• E-commerce

Sports Nutrition Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America
  • US.
  • Canada
  • Mexico
  • Puerto Rico
  • Cuba
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Greece
  • Netherlands
  • Portugal
  • Ireland
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • Malaysia
  • Indonesia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
• Latin America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players in the Sports Nutrition Market

• Iovate Health Sciences
• Abbott
• Quest Nutrition
• PepsiCo
• Cliff Bar
• The Coca-Cola Company
• MusclePharm
• The Bountiful Company
• Post Holdings
• BA Sports Nutrition
• Cardiff Sports Nutrition
• Jacked Factory
• Orgain

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.