Polyamide Market Latest Innovations, Drivers and Industry Key Events 2021– 2028: Grand View Research Inc.

 Polyamide Market Growth & Trends

The global polyamide market size is expected to reach USD 53.32 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Increasing adoption of polyamide in numerous industries, including automotive, electrical and electronics, consumer goods and appliances, packaging, and textiles is projected to fuel the market growth during the forecast period. Polyamides are widely used in the exterior parts of vehicles such as front-end grilles, fuel caps, wheel covers, doors, exterior mirrors, and tailgate handles.

Polyamide composites are expected to witness high demand from the automotive industry due to factors such as excellent mechanical properties, wear resistance, and the growing need for lightweight vehicles in order to improve fuel efficiency. Polyamide has been extensively used in the engine compartment to replace steel parts owing to the benefits derived from them such as lower weight and greater design flexibility as against traditional metals.

Polyamide Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 34.90 billion
Revenue forecast in 2028	USD 53.32 billion
Growth Rate	CAGR of 6.2% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 - 2019
Forecast period	2021 - 2028

Key players in the market are continuously carrying out innovations and developing new versions of polyamide compatible with new polymer processing technologies. For instance, in May 2021, Evonik Industries AG successfully tested its INFINAM PA 6005 P (polyamide 613 material) on the ST252P and HT403P laser sintering 3D printing systems developed by Farsoon Technologies. The INFINAM PA 6005 P with a high melting point of 215°Cexhibited compatible properties to be processed by 3D printing systems.

In addition, the establishment of global partnerships to increase dominance in advanced materials is expected to drive the market over the forecast period. In May 2020, LANXESS announced the formation of a new supplier partnership with Chase Plastics. This partnership is expected to create a distribution channel for Durethan PA6 and Pocan PBT developed by LANXESS.

Environmental awareness has propelled many electronics companies to utilize bio-based polyamides as a part of their sustainability goals and they have deployed the production of the same to support the strong growth in demand for advanced bio-circular materials. This can prove to be one of the major driving factors for the production of polyamides over the forecast period. In April 2021, Arkema announced to begin the production of Amino 11, a bio-based polyamide, at its new plant on Jurong Island, Singapore. This plant is expected to utilize castor beans to produce bio-based polyamide and it represents a 50% increase in Arkema’s global polyamide 11 capacity.

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Polyamide Market Report Highlights

• In terms of product, the polyamide 6 segment accounted for the largest revenue share in 2020 and is expected to witness prominent growth over the forecast period
• Based on application, in the engineering plastics segment, the automotive segment captured the largest share in terms of revenue in 2020
• In 2020, Asia Pacific accounted for the largest revenue share of more than 40.0%. Ascending demand for electric vehicles is expected to have a positive impact on the global automotive industry. The introduction of electric vehicles by automotive manufacturing players such as Tesla, Volkswagen AG, BYD Co Ltd., Hyundai Motor Company, and Nissan is anticipated to provide further impetus to the regional market growth
• Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, in December 2020, Star Plastics announced a global partnership with LATI, a European manufacturer of engineering thermoplastics, with the aim of expanding material offerings in North America, Europe, and Asia

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Polyamide Market Segmentation

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

Polyamide Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Polyamide 6
• Polyamide 66
• Bio-based Polyamide
• Specialty Polyamides

Polyamide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Engineering Plastics
  • Automotive
  • Electrical & Electronics
  • Consumer Goods & Appliances
  • Packaging
  • Others
• Fibers
  • Textile
  • Carpet
  • Others

Polyamide Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Polyamide Market

• BASF SE
• AdvanSix Inc.
• Ube Industries Ltd.
• Domo Chemicals
• Toray Industries, Inc.
• Ashley Polymers Inc.
• Ascend Performance Materials LLC
• Toyobo Co. Ltd.
• Lanxess AG
• Huntsman Corporation
• Goodfellow Group

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.

IT & Telecom Cyber Security Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 IT & Telecom Cyber Security Market Growth & Trends

The global IT & telecom cyber security market size is expected to reach USD 82.64 billion by 2030, expanding at a CAGR of 12.1% from 2022 to 2030 according to a study conducted by Grand View Research, Inc. Expansion of telecom networks, emerging BYOD trend, and the emergence of 5G technology are anticipated to increase the network traffic and create loopholes, thereby increasing the risk of cyber-attacks. Additionally, IT & telecom companies are increasing investments in deploying advanced cyber security solutions to tackle the varied nature of threats and keep up with the evolving threat landscape.

The emergence of 5G technology has prompted several organizations to opt for edge computing and shift workloads to cloud networks. Cloud platforms also expose enterprises to various threats across interlinked networks. Additionally, with increased usage of digital services, several devices are connected over private unsecured networks and use cloud services to store any information or data. This increases the risk of vulnerabilities for cloud networks, in turn exposing the IT & telecom companies to cyber threats, which is expected to drive the adoption of cyber security solutions in the sector.

Several governments have imposed stringent data protection laws to regulate the telecom sector and safeguard consumer data. For instance, the German government released a data protection law in December 2021, the Telecommunications Telemedia Data Protection Act (TTDSG), which regulates the protection of privacy and confidentiality while using the internet-ready terminal infrastructure, including smart home devices, messenger services, and websites. As such, the increasing risk of cyber-attacks and stringent data protection laws are expected to compel several IT & telecom firms to adopt cyber security solutions, thereby contributing to market growth.

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IT & Telecom Cyber Security Market Report Highlights

• North America held the highest revenue share of over 30% in 2021, owing to the increased cybersecurity spending and early availability of technology and adoption
• Asia Pacific is expected to register a high CAGR over the forecast period, owing to the massive working population, high number of endpoint devices, and rising number of data centers
• Key industry players are adopting inorganic growth strategies by engaging in partnerships, acquiring smaller players to leverage their technology, and reducing the market competition

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IT & Telecom Cyber Security Market Segmentation

Grand View Research has segmented the global IT & telecom cyber security market based on region:

IT & Telecom Cyber Security Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the IT & Telecom Cyber Security Market

• Cisco Systems, Inc.
• Palo Alto Networks, Inc.
• McAfee, Inc.
• Broadcom
• AO Kaspersky Lab
• Check Point Software Technology 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.

North America Automotive Heat Shield Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 North America Automotive Heat Shield Market Growth & Trends

The North America automotive heat shield market size is expected to reach USD 2.60 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2021 to 2028. Increasing adoption of electric vehicles coupled with need for improved thermal management in the IC engines to boost engine efficiency is expected to propel demand for the automotive heat shields in the coming years.

The increased adoption of electric and hybrid electric vehicles is one of the prime factors likely to contribute to the growth of the market over the forecast period. For instance, in 2019, the U.S. electric car manufacturer Tesla delivered 367,500 electric vehicles worldwide, whereas, in 2020, the deliveries reached their peak at 509,737globally, with U.S. accounting for 50% of the global sale.

North America Automotive Heat Shield Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 1.96 billion
Revenue forecast in 2028	USD 2.60 billion
Growth rate	CAGR of 3.6% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 - 2019
Forecast period	2021 - 2028

Dana Limited manufactures different types of automotive heat shields including heat shields with integrated gaskets, aluminum, direct insulation, insulated & sound-absorbing heat shields. Morgan Advanced Materials uses its shell technology and sandwich technology for durable and lightweight automotive heat shields. Its shell technology uses Super wool and glass or silica fiber for high thermal performance solutions.

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North America Automotive Heat Shield Market Report Highlights

• The single-shell segment dominated the market and accounted for over 55% of market share in 2020 owing to its prevalent use in passenger cars and HCVs. Sandwich heat shields are expected to grow at a CAGR of 4.3% over the forecast period owing to growing use in exhaust pipes and catalytic converters against heat and moisture intrusion of saltwater corrosion.
• The engine compartment segment was the largest application and accounted for more than 30% of revenue share in 2020. Automotive heat shield finds vast applications in various parts and components of engine compartment as this space accounts for the maximum heat dissipation.
• Non-metallic segment is expected to witness surge in demand, growing at a CAGR of 4.1% over the forecast period owing to manufacturers opting for lightweight products with better thermal efficiency.
• The product demand in Mexico is expected to be driven by increasing investments by automotive manufacturers in the region. Mexico has emerged as a manufacturing hub supported by favorable government policies, trade policies, and availability of skilled labor.
• Prominent players including Dana Limited, DuPont, Morgan Advanced Materials, Zircotec, and Autoneum are engaged in designing and developing automotive heat shields with different product specifications and technologies.

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North America Automotive Heat Shield Market Segmentation

Grand View Research has segmented the North America automotive heat shield market on the basis of product, application, material, vehicle-type and region:

North America Automotive Heat Shield Product Outlook (Revenue, USD Million; 2017 - 2028)

• Single-shell
• Double-shell
• Sandwich

North America Automotive Heat Shield Application Outlook (Revenue, USD Million; 2017 - 2028)

• Exhaust system
• Turbocharger
• Under Bonnet
• Engine Compartment
• Under Chassis

North America Automotive Heat Shield Material Outlook (Revenue, USD Million; 2017 - 2028)

• Metallic
• Non-metallic

North America Automotive Heat Shield Vehicle-type Outlook (Revenue, USD Million; 2017 - 2028)

• IC Passenger Cars
• IC Light Commercial Vehicles
• IC Heavy Commercial Vehicles
• Electric Vehicles

North America Automotive Heat Shield Regional Outlook (Revenue, USD Million; 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico

List of Key Players of North America Automotive Heat Shield Market

• DuPont
• DANA Incorporated
• Zircotec
• Morgan Advanced Materials
• Autoneum
• ElringKlinger AG
• Lydall Inc.
• Tenneco Inc.
• Carcoustics
• UGN Inc.
• HKO Group
• Shiloh Industries, Inc.
• The Narmco Group
• NICHIAS Corporation
• Röchling SE & Co. KG

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.

Robo Advisory Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Robo Advisory Market Growth & Trends

The global robo advisory market size is expected to reach USD 41.83 billion by 2030, growing at a CAGR of 29.7% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growing use of smartphones coupled with the increased applications of chatbots on various investment and e-commerce platforms worldwide is anticipated to drive the demand for robo advisory during the projected period. In addition, the increasing awareness of digital investment consultation services is expected to drive market growth during the forecast period.

Robo-advisory includes algorithm and automated driven financial planning with little human involvement. Additionally, through an online survey, the robo-advisor gathers financial information from clients, such as their current financial position and future financial goals. Furthermore, using this information, robo advisors offer clients certain benefits such as quick account setup, portfolio management, and security features. Such factors are anticipated to drive the market in the near future.

Robo Advisory Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 5.22 billion
Revenue forecast in 2030	USD 41.83 billion
Growth rate	CAGR of 29.7% from 2022 to 2030
Base year of estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

Numerous emerging economies are encouraging regional players to improve their testing and research into robo-advisory services. Such initiatives are also expected to stimulate market growth. For instance, in August 2019, the Saudi Capital Market Authority (CMA) gave Haseed Investing Company and Wahed Capital authorization to test their robo-advisory services. This strategy is to promote the use of financial technology in the Arab market.

The pandemic has contributed positively to the market growth, thereby driving the demand for robo advisors in the near future. Several businesses have reported increased digital consulting activity in the first quarter of 2020. For instance, in April 2021, Betterment reported an increase in account openings by over 25% due to the COVID-19 pandemic These factors are expected to fuel the market growth during the forecast period. 

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Robo Advisory Market Report Highlights

• The pure robo advisors’ segment is expected to witness the fastest growth during the forecast period owing to minimal human intervention offered by pure robo advisors.
• The banks segment is expected to witness the fastest growth during the forecast period. The growth of the segment can be attributed to the increasing digitalization across the banking sector, which is further expected to drive the demand for robo advisors in banks.
• The comprehensive wealth advisory segment is expected to witness the fastest growth during the projected period. The ability of comprehensive wealth advisory to cater to investment consultation inclusion at reasonable costs is propelling the segment growth.
• The High Net Worth Individuals (HNWIs) segment dominated the market in 2021. The dominance can be attributed to the increasing adoption of robo advisory by the HNWIs to save time and increasing investment returns. Hence, HNIWs are inclined towards adopting robo advisors.
• The Asia Pacific regional market is expected to witness the fastest growth during the forecast period. The regional growth is attributable due to the rising internet penetration and the swift uptake of new technologies.

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Robo Advisory Market Segmentation

Grand View Research has segmented the global robo advisory market based on type, provider, service type, end user, and region:

Robo Advisory Type Outlook (Revenue, USD Million, 2017 - 2030)

• Pure Robo Advisors
• Hybrid Robo Advisors

Robo Advisory Provider Outlook (Revenue, USD Million, 2017 - 2030)

• Fintech Robo Advisors
• Banks
• Traditional Wealth Managers
• Others

Robo Advisory Service Type Outlook (Revenue, USD Million, 2017 - 2030)

• Direct Plan-based/Goal-based
• Comprehensive Wealth Advisory

Robo Advisory End User Outlook (Revenue, USD Million, 2017 - 2030)

• Retail Investor
• High Net Worth Individuals

Robo Advisory Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players of the Robo Advisory Market

• Betterment
• Fincite Gmbh
• Wealthfront Corporation
• The Vanguard Group, Inc.
• Charles Schwab & Co., Inc.
• Ellevest
• Ginmon Vermögensverwaltung GmbH
• Wealthify Limited
• Social Finance, Inc.
• SigFig Wealth Management

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.

Inhalation And Nasal Spray Generic Drugs Market to Witness a Pronounce Growth During 2022 – 2030: Grand View Research Inc.

 Inhalation And Nasal Spray Generic Drugs Market Growth & Trends

The global inhalation and nasal spray generic drugs market size is expected to reach USD 38.40 billion by 2030, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 8.96% from 2022 to 2030. New product launches, mounting prevalence of chronic respiratory diseases, growing demand for cost-effective medicines, and rising geriatric population are some of the major factors boosting the market growth.

Rising demand for cost-effective medicines and government support for the use of generics is expected to drive the demand for inhalation and nasal spray generic drugs over the forecast period. For instance, the Government of Japan has been promoting the usage of inexpensive generic drugs in order to regulate the overall pharmaceutical expenditure. This was accomplished through the execution of regulations to encourage the use of generic drugs in the past decade.

Inhalation And Nasal Spray Generic Drugs Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 19.33 billion
Revenue forecast in 2030	USD 38.4 billion
Growth rate	CAGR of 8.96% from 2022 to 2030
Base year for estimation	2021
Historical data	2018 - 2020
Forecast period	2022 - 2030

Rising number of M&A, partnerships, and collaborations among leading manufacturers including Teva Pharmaceuticals, Glenmark Specialty S.A., and Hikma Pharmaceuticals PLC is another major factor propelling the growth. For instance, in January 2022, Glenmark Specialty S.A., a Swiss subsidiary of Glenmark Pharmaceuticals Ltd., partnered with Lotus International Pte. Ltd. for marketing Ryaltris nasal spray in Vietnam, Hong Kong, and Singapore. Under this agreement, Glenmark Specialty S.A. will manufacture and supply Ryaltris, and Lotus International Pte. Ltd. will commercialize the product. Similarly, in February 2020, Glenmark Specialty signed a licensing agreement with Hikma Pharmaceuticals PLC to commercialize Ryaltrisin in the U.S.

Extensive research in the respiratory drug discovery and generic product approvals of inhalation and nasal drugs by pharmaceutical companies are projected to fuel growth. For instance, in March 2021, Cipla Inc. received ANDA approval from the U.S. FDA for Sumatriptan Nasal Spray, a generic equivalent of Imitrex Nasal Spray indicated for migraine treatment. In addition, in May 2020, the company received Competitive Generic Therapy designation from FDA along with ANDA approval for Dihydroergotamine Mesylate Nasal Spray, a generic version of Migranal.

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Inhalation And Nasal Spray Generic Drugs Market Report Highlights

• By drug class, bronchodilators dominated the market in 2021 owing to the high prevalence of COPD and asthma in the population
• The chronic obstructive pulmonary disease (COPD) indication segment is expected to witness the fastest growth over the forecast period due to the launch of generic products and increased prevalence of COPD in low- and middle-income countries
• Based on patient demographics, the pediatric patients segment is expected to witness the fastest growth over the forecast period due to an increase in pollution, smoking, and exposure to environmental allergens such as pollens
• The homecare end-user segment dominated the market in 2021 owing to a rise in the prevalence of chronic diseases and rising geriatric population suffering from chronic respiratory diseases
• The online pharmacies distribution channel segment is expected to witness the fastest growth over the forecast period due to consumer needs for low prescription costs, increased internet penetration, and ease of access
• North America dominated the market in 2021 due to strategic initiatives and collaborations among key players for the development and launch of generic products in this region

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Inhalation And Nasal Spray Generic Drugs Market Segmentation

Grand View Research has segmented the global inhalation and nasal spray generic drugs market by drug class, indication, patient demographics, end-user, distribution channel, and region:

Inhalation & Nasal Spray Generic Drugs Class Outlook (Revenue, USD Million, 2018 - 2030)

• Bronchodilators
• Combination Drugs
• Corticosteroids
• Decongestant Sprays
• Antihistamines
• Others

Inhalation & Nasal Spray Generic Drugs Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Asthma
• Chronic Obstructive Pulmonary Disease (COPD)
• Allergic Rhinitis
• Others

Inhalation & Nasal Spray Generic Drugs Patient Demographics Outlook (Revenue, USD Million, 2018 - 2030)

• Geriatric Patient
• Adult Patient
• Pediatric Patient

Inhalation & Nasal Spray Generic Drugs End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Homecare
• Others

Inhalation & Nasal Spray Generic Drugs Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals Pharmacy
• Retail Pharmacy
• Online Pharmacies

Inhalation & Nasal Spray Generic Drugs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Inhalation And Nasal Spray Generic Drugs Market

• Teva Pharmaceuticals Industries Ltd.
• Mylan N.V.
• Akorn, Operating Company LLC
• Cipla Inc.
• Sandoz International GmBH (Novartis AG)
• Apotex Inc.
• Hikma Pharmaceuticals PLC
• Sun Pharmaceuticals Industries Ltd.
• Beximco Pharmaceuticals Ltd.
• Nephron Pharmaceuticals Corporation

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.

Demi-fine Jewelry Market to Penetrate Untapped Regions During 2022 to 2030: Grand View Research Inc.

 Demi-fine Jewelry Market Growth & Trends

The global demi-fine jewelry market size is expected to reach USD 6.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.8% from 2022 to 2030. The rising inclination of females for minimalistic yet elegant jewelry pieces for daily use or office wear is likely to drive the market. Moreover, its uniqueness and variety of options at affordable price drives the growth of the market. However, increasing e-commerce frauds along with a lack of information about the hallmarks of demi-fine jewelry are anticipated to hamper the market growth. The market is likely to develop at a prolific rate due to the modern, trend-led designs and affordable prices. The developing e-commerce sector, swelling presence of brands online, and rising usage of social media and apps are expected to create an ample growth opportunity for the market over the forecast period.

Demi-fine jewelry brands combine the fine and costume jewelry types by crafting pieces manufactured with gold and silver or plated pieces paired with semi-precious stones. Demi-fine jewelry brands are continuously developing and changing, so there's always something new to discover. Brands are constantly introducing new pieces, so there's always some reasonable trendy demi-fine jewelry to add to customers’ jewelry assortments without the high price tags related to high-end jewelry.

Demi-fine Jewelry Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 2,100.1 million
Revenue forecast in 2030	USD 6.6 billion
Growth rate	CAGR of 14.8% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

The online segment is likely to dominate over the forecast period from 2022 to 2030. Most physical jewelry shops have an inadequate array of jewelry products. They can only hold so many items, and there are often several policies affecting the accessibility of jewelry. Online buying permits customers to find a variety of jewelry which are not available in a physical store. Moreover, customers are expecting great online jewelry options as well as a satisfying shopping experience. Customers are demanding various choices, a good online experience, easy payment options, and an easy return policy. The growth of this industry will have to keep up with consumer preferences as they demand more comfort and easiness in buying jewelry products online.

Asia Pacific acquired the largest revenue share in the demi-fine jewelry market in 2021. China was the major country in the region in terms of market share in 2021. This is attributed to the considerable development of small and medium-sized jewelers on the mainland in recent years. Apart from that, in several countries such as India, Japan, and South Korea demi-fine jewelry brands have been developing in leaps and bounds and have been making a foray into second and third-tier cities. Thus, Asia Pacific generated the largest revenue in 2021.

The market players face solid competition among each other, as some of them work at several locations and have a loyal customer base. In addition, key players are concentrating on building customer relationships through a customer service network. The companies working in the demi-fine jewelry market are expanding internationally to grab most of the demand and launching new designs through continual innovation is likely to push the market growth uphill.

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Demi-fine Jewelry Market Report Highlights

• Europe is expected to dominate the market over the forecast period from 2022 to 2030. The growing number of affluent consumers in this region is also anticipated to increase the growth of the market over the forecast period
• Below 150 USD segment is likely to dominate over the forecast period from 2022 to 2030. The segment includes several demi-fine rings, neckpieces, and bracelets. The customers get several varieties of choices available in this price range
• Offline distribution channel segment generated the maximum revenue in 2021. This is attributed to the shopping advantages such as festive and seasonal offers, lower prices, discounted rates, and big displays with freedom of selection offered by the retail shops
• The women application segment is likely to dominate over the forecast period from 2022 to 2030. Various jewelry brands coming up with a different variety of demi-fine jewelry that is designed specifically for women consumers thus, the segment is expected to grow at the fastest CAGR over the forecast period 

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Demi-fine Jewelry Market Segmentation

Grand View Research has segmented the global demi-fine jewelry market on the basis of the price range, distribution channel, application, and region:

Demi-fine Jewelry Price Range Outlook (Revenue, USD Million, 2017 - 2030)

• Below 150 USD
• 151-300 USD
• 301-500 USD

Demi-fine Jewelry Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Demi-fine Jewelry Application Outlook (Revenue, USD Million, 2017 - 2030)

• Women
• Men

Demi-fine Jewelry Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Demi-fine Jewelry Market

• Otiumberg Limited
• Missoma Limited
• Edge of Ember
• Catbird
• Astley Clarke Limited
• WWAKE, Inc.
• Loren Stewart
• Monica Vinader Ltd.
• Natasha Schweitzer
• Sarah & Sebastian 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.

Cell Culture Media Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Cell Culture Media Market Growth & Trends

The global cell culture media market size is expected to reach USD 10,186.6 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.23% from 2023 to 2030. Expansion of biosimilars and biologics, growth in stem cell research, and emerging bio manufacturing technologies for cell-based vaccines are the major factors which are likely to drive the market. For instance, in October 2021, the Australian Government funded the Australian-led stem cell research through USD 25 million in grants.

The expansion of clear, regulatory approval paths for biosimilars in emerging markets is generating great opportunities for biosimilar monoclonal antibodies.  The availability of an approval pathway in the U.S., has led to new opportunities for bio manufacturers to enter major markets around the globe. Biosimilar versions of monoclonal antibodies have the probability to offer cost reductions of 25-30%, and many emerging market countries are vigorously developing pathways for approvals and are swiftly catching up. As this industry is expanding the key biopharmaceutical players are adopting robust culturing technologies to meet the increasing demand; thereby driving the growth of the market.

Cell Culture Media Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 4,541.6 million
Revenue forecast in 2030	USD 10,186.6 million
Growth rate	CAGR of 12.23% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

Moreover, there is growing interest in improving the stem cell culture, because this technology is being used extensively in research for studying the stem cell biology, as well as for therapeutic applications. Furthermore, funding related to this research field has augmented in recent years which has accelerated the growth of the market. In addition to this, key media manufacturers launched new products for stem cell research. For instance, in September 2021, Bio-Techne Corporation launched a novel medium for the maintenance and expansion of induced pluripotent stem cells having applications in both translational and research workflows.

The outbreak of COVID-19 pandemic has improved the demand for well-established cell-based vaccine production technologies. Moreover, it has given rise to a few scientific innovations, particularly in the production and testing of vaccine technology. For instance, the Vero line originated from the African green monkey kidney and has been extensively used for viral vaccine manufacturing. It has also been used for the development of various SARS-CoV variants. ProVeroTM1 Serum-free Medium is one such medium manufactured by Lonza Bioscience which is protein-free, and of non-animal origin designed to support the growth of Vero cells and MDCK.

Moreover, in many European countries, cell-based flu vaccines have been approved. A probable advantage of cell culture technology is that it authorizes faster start-up of the manufacturing of vaccines during the pandemic. Today, the development of superior biological models, the optimization of culture growth medium, and the reduced dependence on animal-derived components endure to drive the rapidly developing vaccine development.

On the other hand, ethical issues concerning the use of animal-derived products hinders the industry growth. For instance, FBS is collected from the blood of fetal calves is one of the major ethical issues of serum containing media. It is projected that 600,000 liters of FBS is achieved from up to 1.8 million bovine fetuses are produced globally every year, presenting momentous scientific and ethical challenges. To overcome this issue, numerous workshops were held in the past on the replacement of fetal bovine serum and possible ways to reduce the use of FBS in media.

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Cell Culture Media Market Report Highlights

• By product, the serum-free media segment held the largest revenue share of the market. This is attributed to the increasing gene and cell therapy research along with advantages offered by SFM, which in turn is likely to increase the adoption and anticipate market growth
• The biopharmaceutical production segment is expected to grow lucratively over the forecast period. Strategic activities by key biopharmaceutical companies, increasing R&D, demand for more reproducible and better-defined media and growing biosimilars market drives the segment growth
• By type, the liquid media segment held the largest revenue share of the market in 2022. This is attributed to increasing number of biopharmaceutical manufacturers, both downstream and upstream, are switching from premixed powders to liquid media and hence, propelling market growth
• By end-user, the pharma and biopharma companies segment held a larger share in 2022, owing to the expansion of the current manufacturing capacities coupled with increasing prevalence of chronic disease which in turn demands for novel therapeutic drugs
• North America dominated the market in 2022 due to the growth in the pharmaceutical and biotechnology industry, presence of high R&D investment, and the development of novel culture media products in the region
• In Asia Pacific, the market is expected to grow considerably in the future owing to the flourishing biosimilar medicine industry along with increasing investments by major market players to increase their presence in the region

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Cell Culture Media Market Segmentation

Grand View Research has segmented the global cell culture media market based on product, application, type, end-user, and region:

Cell Culture Media Product Outlook (Revenue, USD Million, 2018 - 2030)

• Serum-free Media
  • CHO Media      
  • BHK Medium 
  • Vero Medium 
  • HEK 293 Media           
  • Other Serum-free media
• Classical Media
• Stem Cell Culture Media
• Specialty Media
• Chemically Defined Media
• Other Cell Culture Media

Cell Culture Media Application Outlook (Revenue, USD Million, 2018 - 2030)

• Biopharmaceutical Production
  • Monoclonal Antibodies
  • Vaccines Production
  • Other Therapeutic Proteins
• Diagnostics
• Drug Screening And Development
• Tissue Engineering And Regenerative Medicine
  • Cell And Gene Therapy
  • Other Tissue Engineering And Regenerative Medicine Applications
• Other Applications

Cell Culture Media Type Outlook (Revenue, USD Million, 2018 - 2030)

• Liquid Media  
• Semi-solid And Solid Media

Cell Culture Media End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical And Biotechnology Companies
• Hospitals And Diagnostic Laboratories
• Research And Academic Institutes
• Other End-users

Cell Culture Media Regional Scope Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Cell Culture Media Market

• Thermo Fisher Scientific Inc.
• Merck KGaA
• CYTIVA
• Sartorius AG
• FUJIFILM Irvine Scientific, Inc.
• Lonza Group AG
• InvivoGen 
• STEMCELL Technologies Inc.
• PromoCell GmbH
• Cell Biologics, 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.

Energy Ingredients Market Get Facts About Business Strategies 2022 to 2030: Grand View Research Inc.

 Energy Ingredients Market Growth & Trends

The global energy ingredients market size is expected to reach USD 36.79 billion by 2030, expanding at a CAGR of 7.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing consumption of energy-enhancing products and growing health consciousness are some of the factors anticipated to drive the market during the forecast period. For instance, in April 2020, Taisho Pharmaceutical Holdings released Japan's first caffeine-free energy drink containing the botanical ingredient, enXtra. The product helps improve alertness and focus for up to five hours with or without caffeine. Furthermore, energy ingredients promote enhanced mental as well as physical health. Such factors will also aid in market growth.

In addition, increased consumer interest in snacks that are high in fiber, minimally processed, and contain energy-based ingredients will bode well with the growth of the market. According to an article published in Molecular Diversity Preservation International (MDPI), in January 2021, energy drink consumption increased steadily in young adults from 0.5% to 5.5% in France. Also, the rising popularity of products with various cognitive health benefits will boost the growth of the market in the forecast period considered.

Energy Ingredients Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 20.92 billion
Revenue forecast in 2030	USD 36.79 billion
Growth Rate	CAGR of 7.4% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

Caffeine was the largest segment in 2021 and is expected to maintain its dominance during the forecast period. The consumption of healthier beverages, including caffeinated energy & sports drinks, is witnessing substantial year-on-year growth. The consumption of energy drinks by the U.S. population has increased over the years. On the other hand, the demand for carbonated drinks has been decreasing as their consumption increases the risk of cancer and causes other health ailments. According to a report published by the Association of Military Surgeons of the United States in 2021, approximately 75% of deployed U.S. military personnel consume energy beverages/drinks. Out of the 627 surveyed soldiers, 29.2% of respondents reported at least daily use, and 16.1% drank more than two energy drinks per day.

The taurine segment was valued as the second fastest-growing segment in 2021. Functional foods are enriched with energy ingredients such as antioxidants, caffeine, ginseng, taurine, and fatty acids to provide a positive effect on human health beyond the intake of essential nutrition. Manufacturers in the market are launching energy drinks and beverages with the aforementioned ingredients. For instance, in October 2021, Belgium-headquartered AB InBev, the world’s largest brewer, launched the Budweiser Beats energy drink in India, made with natural caffeine, B-vitamins (B3, B5, B6, B12), and taurine.

The energy ingredients industry is fragmented in nature, with a major share almost equally divided among key players of the market such as BASF SE; Spectrum Chemical Mfg. Corp.; RFI Ingredients; Korea Ginseng Corporation; Orkla; ILHWA CO., LTD.; Applied Food Sciences, Inc. (AFS); Naturalin Bio-Resources Co., Ltd.; Changsha Huir Biological-Tech Co., Ltd.; Sinochem Pharmaceutical Co., Ltd.; KOEI KOGYO CO., LTD; and Aarti Industries Ltd.

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Energy Ingredients Market Report Highlights

• Asia Pacific is expected to contribute a majority of the revenue share to become the largest segment in 2021 owing to the rising consumer awareness regarding lifestyle disorders and the resultants’ shift toward healthier alternatives
• The creatine segment is projected to register the fastest growth during the forecast period as these ingredients boost energy and power for a "quick burst"
• The beverage is predicted to become a faster-growing segment during the forecast period owing to the growing popularity of energy drinks

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

Energy Ingredients Market Segmentation

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

Energy Ingredients Product Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)

• Caffeine
• Creatine
• Taurine
• Ginseng
• Others

Energy Ingredients Application Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)

• Food
• Beverage
• Supplements
• Others

Energy Ingredients Regional Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Energy Ingredients Market

• BASF SE
• Spectrum Chemical Mfg. Corp.
• RFI Ingredients
• Korea Ginseng Corporation
• Orkla
• ILHWA CO., LTD.
• Applied Food Sciences, Inc. (AFS)
• Naturalin Bio-Resources Co., Ltd.
• Changsha Huir Biological-Tech Co., Ltd.
• Sinochem Pharmaceutical Co., Ltd.
• KOEI KOGYO CO., LTD
• Aarti Industries 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.