Aquafeed Market Projected to Discern Stable Expansion by 2030

 Aquafeed Market Growth & Trends

The global aquafeed market is expected to reach USD 102.2 billion by 2030, registering a CAGR of 4.4% from 2022 to 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising consumption of aquafeed by species like carp, catfish, salmon, and shrimps among others due to its rich protein content.

The future of the global market is dependent on the increasing acceptance of aquafeed which contains essential oils, feed acidifiers, natural extracts, and palatants which are important for aquaculture species in their overall growth across each stage of development. The widespread fish mortality due to various infections which are caused by parasites is driving the demand for the consumption of anti-parasites.

These feed products are consumed by various warm-water and cold-water fish species such as catfish, salmon, trout, tilapia, shrimps, largemouth bass, and eel among others. These feeds for aquatic species are a source of omega-3 fatty acids and proteins. It improves the nutritional value of feed and offers several other benefits like improved growth rate, reduced mortality of various aquatic species, digestibility of proteins, and enhanced immune system.

The COVID-19 pandemic had crippled the economies of the world and severely impacted the supply chain across key industries. The distribution of raw materials for aquafeed was affected by the pandemic due to which its production was hampered. In addition, strict lockdowns were imposed to curb the virus from spreading, and due to this many manufacturing and production units were closed. Furthermore, there were rumors of transmission of the virus through poultry, which ill-affected the market.

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Aquafeed Market Report Highlights

• Dry aquafeed form witnessed the fastest growth rate of CAGR 4.7%, owing to its properties such as easy production, quick transport, long storage life, and quick dispense into the fish culture environment
• The feed acidifiers witnessed the fastest growth rate of 6.7% because of their ability to prevent the species from diseases which are caused by E. coli and Salmonella. These additives are prepared from organic acids along with their salts and help in maintaining gastric acid levels in these aquatic species
• The grower feed type witnessed a high growth rate of 4.7%, because of its rising demand as it supports the continuous growth of the animals without burdening them with extra vitamins and minerals intake
• Sea Bass application witnessed a high growth rate due to its increasing consumption in the food industry because of its low calorie and high protein content. It is a carnivorous fish and is rich in omega-3 fatty acids, proteins, and selenium. It also contains potassium, mercury, magnesium, vitamin B12, and vitamin B6
• The Asia Pacific region witnessed the highest growth rate of CAGR 4.9%, owing to its favorable climatic conditions in the countries like China, and India which helps to enhance the overall aquaculture industry production and eventually develop the market

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Aquafeed Market Report Segmentation

Grand View Research has segmented the global aquafeed market report based on form, additives, feed, application, and regions:

Form Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Dry
• Moist
• Wet

Additives Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Amino Acids
• Antibiotics
• Vitamins & Minerals
• Feed Acidifiers
• Antioxidants
• Enzymes
• Anti-parasitic
• Probiotics & Prebiotics
• Others

Feed Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Starter Feed
• Grower Feed
• Finisher Feed
• Brooder Feed

Application Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Carp
• Rainbow Trout
• Salmon
• Crustaceans
• Tilapia
• Catfish
• Sea Bass
• Grouper
• Others

Regional Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Denmark
• Asia Pacific
  • China
  • India
  • Japan
  • Vietnam
  • Thailand
  • Indonesia
  • Australia
• Central & South America
  • Brazil
  • Argentina
  • Chile
  • Ecuador
• Middle East & Africa
  • South Africa
  • Egypt

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.

Astaxanthin Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Astaxanthin Market Growth & Trends

The global astaxanthin market size is expected to reach USD 6.90 billion by 2030, set to grow at a 17.2% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for nutraceuticals and growing applications of carotenoids in the animal feed industry & aquaculture are the major factors driving the market growth. Moreover, the rapidly aging population and the growing health awareness among consumers are likely to support market expansion.

The market is anticipated to witness growth opportunities owing to growth in the aquaculture and fishing sectors. For instance, Germany is expanding its fish production and according to the federal statistical office of Germany, the country produced around 18,300 tons of fish in 2021. The growth in the aquaculture sector across the globe is likely to propel the demand for astaxanthin as the pigment helps to boost the immunity of animals and enhance the pigmentation of aquatic animals, such as ornamental fish, and rainbow trout.

Moreover, the market growth is also fueled by various research & development activities to increase the adoption of astaxanthin. For instance, in December 2021, AstaReal and the University of Tsukuba announced a new patent and research showing that the astaxanthin molecules modulate the genes of the brain involved in neuron formation, memory, and learning. Moreover, in July 2020, Russian and German university scientists from SPbPU and TUHH announced a collaboration to enhance the production of astaxanthin for its antioxidant application.

Moreover, increasing studies related to the health benefits of natural astaxanthin are expected to increase the market uptake. For instance, in August 2022, a study published by the American Journal of Clinical Nutrition stated that krill oil can help manage stiffness, knee pain, and physical function in adults with osteoarthritis & knee pain between the ages of 40 and 65 years.

In addition, owing to the high demand for astaxanthin in international markets various leading players are strengthening their supply chain capabilities to make their products available. For instance, in July 2021, Atacama Bio Natural Products S.A. signed an exclusive distribution agreement with Guangzhou Carelife Food Additives Co., Ltd. to promote its distribution network in China. Moreover, in June 2022, Pharmactive Biotech Products partnership with Singapore-based Nutraconnect to introduce scientifically backed novel nutraceuticals into the Asia Pacific market.

Furthermore, supportive regulatory policies and increasing approval of products are driving the industry’s growth. For instance, in July 2021, NextFern Technologies received regulatory approval for its Astafern from Health Canada. Astafern is an innovative fermented astaxanthin antioxidant in form of gummies. In addition, the government has undertaken supportive registration requirements for carotenoid-based coloring agents and mixed feeds containing carotenoid-based coloring agents.

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Astaxanthin Market Report Highlights

• Based on product, the dried algae meal or biomass segment accounted for the largest share in 2022 due to the high usage as animal feed and lower cost of production
• The aquaculture & animal feed segment was the highest revenue contributor in 2022. Whereas, the nutraceuticals segment is expected to exhibit the fastest CAGR during the projected period
• The Asia Pacific region is expected to grow at the fastest rate over the forecast period due to the rising investments by market players and increasing research activities in the region

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Astaxanthin Market Segmentation

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

Astaxanthin Source Outlook (Volume, Metric Tons; Revenue, USD Million, 2018 - 2030)

• Natural
  • Others
  • Microalgae
  • Krill/Shrimp
  • Yeast
• Synthetic

Astaxanthin Product Outlook (Revenue, USD Million, 2018 - 2030)

• Dried Algae Meal Or Biomass
• Oil
• Softgel
• Liquid
• Others

Astaxanthin Application Outlook (Revenue, USD Million, 2018 - 2030)

• Nutraceuticals
• Cosmetics
• Aquaculture And Animal Feed
• Food
  • Functional Foods And Beverages
  • Other Traditional Food Manufacturing Applications
• Others

Astaxanthin Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Astaxanthin Market

• Algatech Ltd
• Cyanotech Corporation
• MicroA
• Beijing Gingko Group (BGG)
• Algalíf Iceland ehf
• Fuji Chemical Industries Co., Ltd
• PIVEG, Inc.
• Atacama Bio Natural Products S.A.
• ENEOS Corporation
• I.D. - Parry (India) Limited (Alimtec S.A., Valensa International)

About Grand View Research

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

Automotive Infotainment Market Latest Innovations, Drivers and Industry Key Events 2023 – 2030: Grand View Research Inc.

 Automotive Infotainment Market Growth & Trends 

The global automotive infotainment market is expected to reach USD 15.13 billion by 2030, to expand at a CAGR of 9.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increase in the demand for advanced safety features, self-driving vehicles, digital cockpits for driver assistance, and entertainment purposes is driving the growth of the automotive infotainment market. Further, changing consumer preference toward technologically advanced products and the capability of the automobile infotainment system to anticipate and fulfill customers’ desires are the key factors contributing to the growth of the overall automotive infotainment market.

Collaboration & partnership between E-Commerce companies and automobile manufacturers are expected to create new growth opportunities for the automotive infotainment market. In January 2022, Amazon.com Inc. and Stellantis NV collaborated to develop the trucks and cars with the Amazon software dashboard and deploy them for delivery. These vehicles will have an infotainment system, and the real-time data collected will be processed on the cloud.

One of the critical challenges the automotive infotainment market faces is the shutting down of 3G networking services by a significant cellular operator such as AT&T. The company shut down its 3G network in March 2021, and other networking firms are following the same path. Millions of cars connected with 3G networks will quit transmitting the signals, making the installed infotainment system incompatible.

Prominent automobile manufacturers are working closely with software development companies to develop a technologically advanced solution that provides the cutting edge over competitors. In May 2022, General Motors collaborated with Red Hat Inc., an open-source enterprise software solutions provider, to advance software-defined vehicles. With Red Hat In-Vehicle Operating System, GM extends its Ultifi software platform on a functional-safety-certified Linux platform.

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Automotive Infotainment Market Report Highlights

• Increasing penetration of augmented reality technology is majorly contributing to the upsurge growth of the heads-up display segment during the forecast period 2023 to 2030.
• The OF fitted segment is expected to hold significant market share by volume in the automotive infotainment market, this is majorly due to its easier serving, low maintenance, and company warranty feature.
• The passenger car segment accounted for the largest revenue share of around 80% of the overall automotive infotainment market in 2022. The increasing demand for the technology advanced features in the passenger vehicles used by the transportation sector is a key contributor to the lion’s share of the segment.

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Automotive Infotainment Market Segmentation

Grand View Research has segmented the automotive infotainment market based on product type, fit type, vehicle type, and region: 

Automotive Infotainment Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Audio unit
• Display unit
• Heads-Up display
• Navigation unit
• Communication unit 

Automotive Infotainment Fit Type Outlook (Revenue, USD Million, 2018 - 2030)

• OE Fitted
• Aftermarket 

Automotive Infotainment Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)

• Passenger Cars
• Commercial Vehicles 

Automotive Infotainment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players In The Automotive Infotainment Market

• Alpine Electronics
• Clarion Co., Ltd.
• Continental AG
• Delphi Automotive PLC
• Denso Corporation
• Harman International
• JVC KENWOOD Corporation
• Panasonic Corporation
• Pioneer Corporation
• Visteon 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.

Automotive Cyber Security Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Automotive Cyber Security Market Growths & Trends

The global automotive cyber security market size is anticipated to reach USD 14.22 billion by 2030, registering CAGR of 20.93% during 2022 to 2030, according to a new study by Grand View Research Inc. As technology develops and the number of software components in an automobile rises, hackers continue to discover backdoors to remotely access vehicles.

Cyber security in vehicles is expected to be holistic, protecting both the front and back end of the network elements as well as the infrastructure used by the automobiles. However, many automotive companies are not sufficiently safeguarded while cyber security is battling for the attention with numerous other important automotive concerns.

Advanced feature vehicles include remote start, online access, and intelligent voice assistants are becoming more common. This emphasizes the necessity of safeguarding the vehicle from any cyber threats. Artificial intelligence-enhanced automotive cyber security systems are able to provide a detailed image of any potential system vulnerabilities. The proliferation of technology and automation in vehicles are leading to risks and vulnerabilities.

For instance, Dellfer entered into a partnership with DENSO which provides cyber security IoT tools for a wide range of vehicles. Through this partnership, the company aims to update crucial fixes, without an internet connection.

The industry has undergone a major transition as a result of many automobile manufacturers switching to electronic automobiles, with increased connectivity and intelligence. Electronic vehicles (EVs) rely more on technology for vehicle operations as they become more autonomous and interconnected, delivering more features and options to improve the experience of driving.

The market for automotive cyber security is anticipated to develop as a result of the factors like rising demand for the automotive cyber security, integrated car software, government standards and the imposition of mandatory cyber security requirements.

North America emerged as the second-largest automotive cyber security market and during the forecast period, the adoption of automated passenger vehicles will fuel the growth of the automotive cyber security market in North America. The automotive industry's attention has shifted to hybrid cars, which are leading the market, as a result of the growing emphasis on lowering vehicle emissions.

Moreover, due to the advancement of cloud infrastructure and framework, external cloud services are expanding at the highest rate. Considering that automated vehicles produce a significant amount of data, cloud services provide a highly- reliable technology.

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Automotive Cyber Security Market Report Highlights

• In 2022, the application security segment led the market, accounting for a revenue share 34.6%.In recent years, it has become common for the car OEMs to offer mobile applications which allow smooth owner and user interface. These programs offer a wide range of functions, including the ability to start the car wirelessly, monitor the fuel level, and perform advanced inspections 
• Based on security insights, the market is segmented into endpoint, application, and wireless network security. Wireless network security dominated the market with a share of 42.5% in 2022. The Wi-Fi-based wireless system enables automotive experts to simultaneously monitor hundreds of data channels during the test runs to track vehicle operational factors and alter the test as it is being performed
• Energy and information technology advancements are changing how EVs produce, manage, store, and utilize energy. This has raised the chances that cyberattacks lead to negative effects. Electric and modern vehicles are more automated and linked which has increased the risk of cyber security threats
• Since the coronavirus outbreak, key players operating in the market have been focused on introducing products that can improve service quality. In January 2023, ETAS is expected to offer comprehensive automotive cyber security solutions together with vehicle middleware, basic software, development tools, end-to-end engineering, cloud-based operational services, and consulting services

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Automotive Cyber Security Market Segmentation

Grand View Research has segmented the global automotive cyber security market based on the security type, vehicle type, application, service and region.

Automotive Cyber Security Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Endpoint
• Application
• Wireless Network

Automotive Cyber Security Vehicle Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Passenger Car
• Commercial Vehicle
• Electrical Vehicle

Automotive Cyber Security Application Outlook (Revenue, USD Billion, 2018 - 2030)

• ADAS & Safety System
• Infotainment
• Body Electronics
• Powertrain
• Telematics

Automotive Cyber Security Service Outlook (Revenue, USD Billion, 2018 - 2030)

• In- Vehicle Services
• External Cloud Services

Automotive Cyber Security Region Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of the key players in automotive cyber security market include

• Sheelds
• Vector
• Infomatik GmbH
• NXP Semiconductors N.V.
• Harman International
• Braodcom Inc.
• Denso Corporation
• Honeywell International, Inc.
• Guard Knox Cyber-Technologies 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.

Automotive Plastics Market to Witness a Pronounce Growth During 2024 – 2030: Grand View Research Inc.

 Automotive Plastics Market Growth & Trends

The global automotive plastics market size is expected to reach USD 43.44 billion by 2030, registering a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. A rising preference for high-performance plastics to substitute conventional metals and rubber is expected to impel the market growth.

The COVID-19 pandemic negatively impacted automotive plastics manufacturers by halting automotive production and reducing vehicle demand due to global financial instability. The outbreak disturbed the entire automotive supply chain on a worldwide scale. Since the market for automobiles is entirely dependent on vehicle sales, this outbreak affected this market significantly. However, the market grew substantially in 2021 primarily due to the increased electric vehicle sales and is therefore expected to stimulate the market growth over the forecast period.

The polyurethane product segment is anticipated to witness significant growth over the forecast period owing to its ability to infuse the characteristics of both plastics and rubber at a lower weight compared to metal and other plastic materials. Increasing product demand from the automotive industry for use in refrigeration insulation, interior trims, and seat cushioning is expected to boost product demand over the forecast period. In September 2021, Adient, a pioneer in automotive seating systems, and Covestor confirmed a strategic alliance. The company will integrate cardyon, a polyol made utilizing Covestro's CO2 technology as a self-sustaining material in the manufacturing of hot cure-shaped polyurethane foam utilized as cushioning in automotive seating systems.

The power train application segment is expected to witness the fastest growth over the forecast period. The rising application of plastics in powertrain engineering is expected to support market growth in the coming years. It helps the manufacturers of vehicles reduce weight and integrate complex parts, which ultimately boosts performance, delivers higher productivity, and saves cost. According to research conducted by E. I. du Pont de Nemours and Company, currently, plastics penetration stands at 110-120 kilograms per car depending on the engine size and region, while manufacturers are still exploring other new opportunities for the usage of plastics.

In Asia Pacific, the market is expected to register the fastest CAGR during the forecast period. The growing automotive industry, coupled with the rising population and increasing disposable income of middle-class families in the emerging economies of the region, is likely to be the primary driving factor in the coming years. Moreover, strong government support and initiatives and increasing investment by the government are propelling the growth of the automotive industry in the region, which, in turn, is anticipated to fuel the demand for the product in the region. In November 2021, the Indian Oil Corporation (IOC) and two other public sector oil companies declared plans to build 22,000 charging stations for electric vehicles over the next three to five years.

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Automotive Plastics Market Report Highlights

• Increasing integration of in-car entertainment and communication systems, engine electronics, advanced safety, and advanced driver-assistance systems is boosting the demand for electrical components application, which, in turn, is fueling the growth of the market in North America
• The polypropylene product segment accounted for the largest revenue share of more than 32.25% in 2023 and is estimated to maintain its lead over the forecast period
• The interior furnishings application segment is expected to be the largest segment over the forecast period owing to the rising product usage for interior furnishings in automobiles including body and light panels, seat covers, steering wheels, and fascia systems

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Automotive Plastics Market Segmentation

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

Automotive Plastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Acrylonitrile Butadiene Styrene (ABS)
• Polypropylene (PP)
  • PP LGF 20
  • PP LGF 30
  • PP LGF 30Y
  • Others
• Polyurethane (PU)
• Polyvinyl Chloride (PVC)
• Polyethylene (PE)
• Polycarbonate (PC)
• Polymethyl Methacrylate (PMMA)
• Polyamide (PA)
• Others

Automotive Plastics Process Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Injection Molding
• Blow Molding
• Thermoforming
• Other

Automotive Plastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Powertrain
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polyurethane (PU)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polycarbonate (PC)
  • Polyamide (PA)
  • Others
• Electrical Components
  • Polyamide (PA)
  • Polypropylene (PP)
  • Polymethyl Methacrylate (PMMA)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride (PVC)
  • Others
• Interior Furnishings
  • Polyurethane (PU)
  • Polypropylene (PP)
  • Polymethyl Methacrylate (PMMA)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride (PVC)
• Exterior Furnishings
  • Polypropylene (PP)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride (PVC)
  • Polyurethane (PU)
  • Polyamide (PA)
• Under the Hood
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyamide (PA)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyurethane (PU)
• Chassis
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyamide (PA)
  • Polyurethane (PU)
  • Others

Automotive Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Automotive Plastics Market

• BASF SE
• SABIC
• Dow Inc.
• AkzoNobel N.V.
• Covestro AG
• Evonik Industries AG
• Borealis AG
• Royal DSM N.V.
• Magna International, Inc.
• Teijin Limited

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 Demand for 3D Printing Metal Market Increasing in Most Part of World 2030

 3D Printing Metal Market Growth & Trends

The global 3d printing metal market size is expected to reach USD 3,037.8 billion by 2030, registering a CAGR of 21.1%  according to a new report by Grand View Research, Inc. The market growth is attributable to the cost-effectiveness of 3D printed parts, reduced lead times, and the development of complex parts during production.

The potential cost savings is the significant factor stimulating the growth of the market in the aerospace & defense end-use sector. For instance, in November 2018, Lockheed Martin, a U.S.-based global aerospace & defense company, announced that due to 3-dimensional printed parts, there was a reduction in the price of its F-35 Full Mission Simulator (FMS) unit and led to the savings of nearly USD 45.0 million.

Metal 3-dimensional printing has the ability to fabricate lightweight but strong structures, produce complex designs, and maintain small volumes. These factors extend its application scope in various end-use industries, such as medical, aerospace, automotive, and consumer products. The 3-dimensional printing technologies are subject to challenges including the consistency of quality, limited multi-material printing capabilities, narrow range of materials, high material costs, size, and scalability.

The aviation industry is witnessing growth due to an increase in the number of frequent fliers and new fliers. The aviation industry is adopting 3-dimensional technology to meet the increasing demand. Nickel and Inconel being suitable metals that have excellent strength and fatigue resistance are being increasingly adopted for the aviation industry. Both nickel and nickel alloys being compatible with 3-dimensional printing in various sectors is likely to drive the market.

Until very recently, the complexity and high cost of metal 3-dimensional printers limited the usage of additive manufacturing to high-volume and low-value parts. SLM and DSLM printer prices start at USD 400,000 and can go beyond USD 1,000,000 and they also require carefully controlled environments and highly skilled workers. This market has witnessed several investments in the recent past. For instance, in 2016, GE acquired two key metal AM companies, Arcam and Concept Laser. Various venture-backed companies are working on developing low-cost production techniques and affordable 3-dimensional printing applications.

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3D Printing Metal Market Report Highlights

• In terms of revenue, Asia Pacific is projected to remain the second-largest regional market over the forecast period
• The rising number of small-scale companies along with the increasing adoption of 3D printed parts by OEMs is projected to play a crucial role in the market growth
• In terms of revenue, the medical & dental application segment is projected to grow at the fastest CAGR from 2023 to 2030
• Rising awareness about health, the development of new alloys for medical applications, and the ability of 3-dimensional printing to customize the parts are projected to be the key factors driving the growth of this segment
• Titanium accounted for the highest revenue share of more than 43% in 2022. Properties, such as high fatigue strength, strength-to-weight ratio, and excellent corrosion resistance have a key role in driving the demand for titanium

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3D Printing Metal Market Segmentation

Grand View Research has segmented the global 3d printing metal market on the basis of form, product, application, and region:

3D Printing Metal Form Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Powder
• Filament

3D Printing Metal Product Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Titanium
• Nickel
• Stainless Steel
• Aluminum
• Others

3D Printing Metal Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Aerospace & Defense
• Automotive
• Medical & Dental
• Others

3D Printing Metal Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of 3D Printing Metal Market

• Arcam AB
• ExOne GmbH
• Carpenter Technology Corp.
• Renishaw PLC
• Materialise NV
• 3D Systems Corp.
• Voxeljet AG
• Sandvik AB
• Hoganas AB
• GKN PLC

About Grand View Research

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

Adhesion Barrier Market is Thriving USD 1.50 Billion Revenue by 2030: Grand View Research Inc.

 Adhesion Barrier Market Growth and Trends

The global adhesion barrier market is anticipated to reach USD 1.50 billion by 2030, registering a CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc. The primary factors contributing to the growth of the market are the rising incidence of surgical adhesions, a common complication of surgery, and the increasing number of surgeries being performed worldwide.

Surgical adhesions can result in various complications such as chronic pain, bowel obstruction, and infertility. In addition, the growing number of cancer cases is also driving demand for surgical interventions. For instance, the American Cancer Society predicts that in 2022, there will be approximately 1.9 million new cancer cases diagnosed and 609,360 cancer-related deaths in the United States.

The adhesion barrier market has experienced tremendous expansion because of the aging population's rising prevalence of chronic conditions that require surgery. The risk of surgical adhesion issues has grown significantly as the number of surgical procedures performed on older patients. Adhesion barriers have become a vital component of risk mitigation, especially for the elderly population. Adhesion barrier have been shown to be helpful in decreasing postoperative problems in elderly people having surgery, such as bowel blockage and wound infection. This demonstrates how crucial adhesion barrier are to enhancing surgical outcomes in senior patients and fostering the expansion of the adhesion barrier market.

The adhesion barrier market is witnessing growth due to the increasing incidence of sports-related injuries. With more people participating in physical activities and sports, the likelihood of requiring surgical intervention for injuries rises. Surgical adhesions can cause longer hospital stays, delayed recovery, and higher medical costs. Adhesion barrier have emerged as an effective solution in reducing the risk of such complications and improving surgical outcomes. For instance, a recent report by the orthopedic journal of sports medicine found that using an adhesion barrier reduced postoperative complications related to surgical adhesions in approximately 50% of athletes who underwent ACL reconstruction surgery. This highlights the importance of adhesion barrier in addressing the rising number of sports-related injuries and driving growth in the Adhesion Barrier Market.

Increasing prevalence of chronic diseases that require surgical intervention, leads to a higher risk of surgical adhesions. Adhesion barrier have become an effective solution in reducing complications and improving surgical outcomes. Recent research has shown the potential for adhesion barrier in reducing adhesion formation and related complications in patients with endometriosis undergoing laparoscopic surgery, highlighting their importance in addressing the rising prevalence of chronic diseases and driving growth in the Adhesion Barrier Market

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Adhesion Barrier Market Report Highlights

• North America accounted for the largest share in 2022 owing to favorable reimbursement policies, the presence of key players, and government initiatives
• By product, the synthetic adhesion barrier segment dominated the market in 2022 owing to its high usage in various surgical interventions
• Based on synthetic adhesion barrier products, the hyaluronic acid segment accounted for the largest market size in 2022 owing to its capacity to attract and hold a vast amount of moisture
• Based on natural adhesion barrier products, the collagen and protein segment held the largest share in 2022 as it is easy to apply and is resorbable after repair
• By formulation, the film/mesh segment accounted for the largest size in 2022 owing to its low cost and high usage in various forms of surgeries
• By application, the cardiovascular surgery segment is expected to register the highest CAGR due to the rising incidence of heart diseases

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Adhesion Barrier Market Segmentation

Grand View Research has segmented the adhesion barrier market report on the basis of product, formulation, application, and region:

Adhesion Barrier Product Outlook (Revenue, USD Million, 2018 - 2030)

• Synthetic Adhesion Barriers
  • Hyaluronic acid
  • Regenerated cellulose
  • Polyethylene glycol
  • Others
• Natural Adhesion Barriers
  • Collagen & Protein
  • Fibrin

Adhesion Barrier Formulation Outlook (Revenue, USD Million, 2018 - 2030)

• Film/Mesh
• Gel
• Liquid

Adhesion Barrier Application Outlook (Revenue, USD Million, 2018 - 2030)

• Gynecological surgeries
  • Synthetic adhesion barrier
  • Natural adhesion barrier
• Abdominal general surgeries
  • Synthetic adhesion barrier
  • Natural adhesion barrier
• Orthopedic surgeries
  • Synthetic adhesion barrier
  • Natural adhesion barrier
• Cardiovascular surgeries
  • Synthetic adhesion barrier
  • Natural adhesion barrier
• Neurological surgeries
  • Synthetic adhesion barrier
  • Natural adhesion barrier
• Urological surgeries
  • Synthetic adhesion barrier
  • Natural adhesion barrier
• Others
  • Synthetic adhesion barrier
  • Natural adhesion barrier

Adhesion Barrier Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Switzerland
  • Russia
  • Poland
  • Netherland
  • Greece
  • Norway
  • Sweden
  • Denmark
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Vietnam
  • New Zealand
  • Malaysia
  • Indonesia
  • Hong Kong
  • Taiwan
  • Singapore
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Oman
  • Egypt
  • Kuwait

List of Key Players in the Adhesion Barrier Market

• Sanofi S.A.
• Becton Dickinson and Company
• Baxter International, Inc.
• Johnson & Johnson
• Anika Therapeutic, Inc.
• FzioMed, Inc
• Mast Biosurgery, Inc.
• Innocoll Holdings PLC
• Atrium Medical Corporation (A part of Getinge 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.

Anatomic Pathology Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Anatomic Pathology Market Growth & Trends 

The global anatomic pathology market size is expected to reach USD 58.42 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 8.7% from 2023 to 2030. The advent of technology in the instruments and the protocols used during the anatomic pathological procedures is anticipated to increase the adoption rate of advanced anatomic pathological instruments.

Market players are collaborating for the refurbishment of pathology products by the incorporation of innovative disease diagnostic models. In April 2021, Leica Biosystems collaborated with Paige, an AI-based diagnostics company, for expanded access to computational pathology products for translational and clinical research. Under this partnership, Paige’s AI-enabled research software and Leica Biosystems’ digital pathology platform were combined. This, in turn, accelerates investments in the up-gradation of pathological equipment.

Pathology-training programs offered to pathologist trainees by public and private entities drive the market. For instance, the Accreditation Council for Graduate Medical Education accredited residency programs for anatomic pathology provide education and training to individuals via numerous teaching conferences.

The drug discovery and development application segment are expected to witness the fastest growth over the forecast period due to the shifting paradigm from conventional medicine to personalized medicine. This is primarily due to the growing reliance on discoveries of putative biomarkers for the development of personalized therapies. Ongoing pathology training programs to ensure that the pathology residents are aware of the developments taking place in the field of personalized medicine have also accelerated the market growth.

North America held the largest revenue share in 2020 owing to a large number of funding programs by public agencies and the presence of key players. Asia Pacific is expected to witness the fastest growth due to the presence of multiple associations that are engaged in conducting pathology training programs.

Key players are undertaking various strategic initiatives such as mergers & acquisitions and new product development to maintain their market presence. For instance, in May 2021, CellCarta acquired Reveal Biosciences, an AI-based pathology firm. This acquisition is aimed at expanding CellCarta’s offerings in AI-enabled multi-omic data analysis services and applications.

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Anatomic Pathology Market Report Highlights

• By product and services, the consumables segment accounted for the largest share in 2022. High availability, low cost, and a frequent purchase rate of consumables contributed to the segment growth
• The instruments product and services segment is expected to witness the fastest growth over the forecast period. Technological advancements in instruments to minimize the risk of errors through the integration of novel design are expected to drive the segment
• The disease diagnosis application segment dominated the market in 2022 owing to the increasing role of anatomic pathological tools in identifying any anomalies that help diagnose a condition. The use of biomarkers for tracking and identifying infections and diseases during diagnostic processes is expected to boost the growth of the segment
• In terms of end use, the hospitals segment captured the largest share in 2022 due to an increase in the hospitalization rate that stimulates the adoption of pathological workflows for disease monitoring and diagnosis
• The diagnostic laboratories end-use segment growth is facilitated by the use of state-of-the-art laboratory equipment and instrumentation, multiple electronic interfaces, and information systems

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Anatomic Pathology Market Segmentation

Grand View Research has segmented the global anatomic pathology market on the basis of product and services, application, end-use, and region:

Anatomic Pathology Product & Services Outlook (Revenue in USD Million, 2018 - 2030)

• Instruments
  • Microtomes & Cryostat
  • Tissue Processors
  • Automatic Stainers
  • Whole Slide Imaging (WSI) Scanners
  • Other Products
• Consumables
  • Reagents & Antibodies
  • Probes & Kits
  • Others
• Services

Anatomic Pathology Application Outlook (Revenue in USD Million, 2018 - 2030)

• Disease Diagnosis
• Drug Discovery and Development
• Others

Anatomic Pathology End-use Outlook (Revenue in USD Million, 2018 - 2030)

• Hospitals
• Research Laboratories
• Diagnostic Laboratories
• Others

Anatomic Pathology Regional Outlook (Revenue in USD Million, 2018 - 2030)

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

List Of Key Players in the Anatomic Pathology Market

• Danaher
• PHC Holdings Corporation
• Quest Diagnostics Incorporated
• Laboratory Corporation of America Holdings
• Hoffmann-La Roche AG
• Agilent Technologies, Inc.
• Cardinal Health
• Sakura Finetek USA, Inc.
• NeoGenomics Laboratories, Inc.
• BioGenex
• Bio SB

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.

Aptamers Market Get Facts About Business Strategies 2023 to 2030: Grand View Research Inc.

 Aptamers Market Growth & Trends

The global aptamers market size is expected to reach USD 10.88 billion by 2030, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 24.54% from 2023 to 2030.  The growth of the market is attributed to the strong presence of product pipelines and their expected launch during the forecast period. Some of the products in the pipeline are E10030 (Fovista), ARC1905 (Zimura) by IVERIC Bio, Inc., AGRO100 by Antisoma Research Ltd, NOX-A12 (olaptesed pegol) & NOX-E36 (emapticap pegol) by NOXXON Pharma, and NU172 by ARCA Biopharma, Inc. AGRO100 completed the phase 1 clinical trial for multiple oncology indications such as non-small cell lung cancer, solid tumors, and renal cancer.

In addition, initiatives undertaken by regulatory agencies such as the U.S. FDA, Health Canada, EMA, COFEPRIS, MHRA, and CDSCO to support the research and development in the field of aptamers are projected to fuel market growth. For instance, in March 2020, IVERIC Bio, Inc. received Fast Track designation from the U.S. FDA for Zimura for the treatment of patients with GA secondary to age-related macular degeneration (AMD). Zimura is a chemically synthesized pegylated RNA aptamer, administered by intravitreal injection. It acts by inhibiting complement factor C5 which is responsible for the development of AMD.

Companies are studying aptamers for applications such as western blotting, ELISA, therapeutics, and flow cytometry. Custom aptamer selection is considered to be an important service offered by existing aptamer players to life sciences companies. Thrombin aptamers, cocaine aptamers, and theophylline aptamers are some of the most frequently used customized aptamers for research and development activities. Thus, the surge in numbers of biotech and pharma companies working on research related to aptamers and related technologies has opened up new avenues for the growth of this market.

Moreover, there are a number of strategic initiatives undertaken by key players such as mergers & acquisitions, with an aim to expand their current aptamer product portfolio. For instance, in May 2022, Epicore Biosystems acquired Eccrine Systems' intellectual property and assets. This acquisition boosts Epicore’s wearable microfluidic solutions with additional aptamer-based sweat sensor technology from the Eccrine Systems and the University of Cincinnati to its aptamer product portfolio and strengthens the company’s position in the market. This aptamers-based sensor has been demonstrated in stress, pain, and other healthcare management applications.

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Aptamers Market Report Highlights

• The nucleic acid aptamers segment dominated the market in 2022. The segment is set to grow at a rapid pace into areas such as therapeutics, diagnostics, research and development consumables, and biomarker discovery
• The research and development segment dominated the market in 2022 due to the growing interest of companies in aptamers; moreover, the rising awareness level coupled with favorable government initiatives are expected to stimulate the market growth of this applications segment during the study period
• The diagnostics segment is expected to be the fastest-growing segment during the forecast period due to the rising demand for aptamer-based diagnostic kits for the early diagnosis of diseases. For instance, in July 2021, SomaLogic and the CM Life Sciences announced the supply of 7,000-plex SomaScan Assay kits & SomaScan data to Beth Israel Deaconess Medical Center (BIDMC) for proteomics research
• North America dominated the market in 2022 due to the presence of key biopharmaceutical companies such as SomaLogic, IVERIC Bio, Inc., Aptagen LLC, Base Pair Biotechnologies, and their strategic initiatives for the development of new aptamers

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

Aptamers Market Segmentation

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

Aptamers Type Outlook (Revenue, USD Million; 2018 - 2030)

• Nucleic Acid Aptamer
• Peptide Aptamer

Aptamers Application Outlook (Revenue, USD Million; 2018 - 2030)

• Diagnostics
• Therapeutics
• Research & Development
• Others

Aptamers Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List of Key Players in the Aptamers Market

• SomaLogic
• Aptamer Group
• Aptadel Therapeutics
• Base Pair Biotechnologies
• Noxxon Pharma
• Vivonics Inc.
• Aptagen, LLC
• TriLink Biotechnologies
• Altermune LLC
• AM Biotechnologies

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.