Medical Plastic Compound Market to Witness a Pronounce Growth During the Forecast Period

The global medical plastic compounds market size is expected to reach USD 80.40 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.2% during the forecast period. Increasing aging population in economies such as China, India, Germany, and Austria is projected to remain a key driving factor.

Growing demand for healthcare facilities and services coupled with government initiatives and support towards healthcare is projected to have a positive impact on the market growth. Increasing aging population in countries, such as Germany, Belgium, Austria, Denmark, and Japan is anticipated to prompt growth of the medical plastic compound market. Increasing use of medical devices such as MRI, X-ray, robotic dispensing systems, and apheresis machines would further drive the demand over the forecast period.

Plastics have found a wide scope of usage in medical and healthcare industry owing to superior properties of the product, such as non-magnetism, impermeability, durability, and sustainability. Radiation resistance of this plastic would offer lucrative growth opportunities and new avenue for the manufacturers.

Surging demand for medical device plastics in applications, including surgical instruments, catheters, disposables, bags, implants, and drug delivery systems is anticipated to drive the demand. Rising R&D spending to produce bio-based plastics with superior properties, such as better quality and minimal health hazards is expected to further boost the medical plastic compound market over the forecast period.

Stringent regulations associated with manufacturing and disposal of waste is expected to offer lucrative growth opportunities to the key players. Manufacturers are coming up with various innovative ideas to improve durability and quality and to reduce the cost of devices.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/medical-plastic-compounds-market

Further key findings from the report suggest:

·       Polyethylene was the second largest product segment, in terms of volume and accounted for over 18% market share in terms of revenue in 2017. Increasing usage of polyethylene for manufacturing surgical cables, artificial tendons, orthopedic sutures, and tubing is anticipated to compliment demand.

·       Asia Pacific is expected to remain the fastest growing regional market with projected CAGR of 5.8% in terms revenue from 2016 to 2025. Developing healthcare infrastructure and rising disposable income in countries, such as China, India, and Japan is projected to propel the growth

·       Drug delivery system is anticipated to register a CAGR of 5.4% in terms of revenue over the forecast period.Polymers are widely used in drug delivery system to enhance drug stability and to disguise the unpleasant taste of the drugs

·       Major companies operating in the medical plastic compound market include Baxter International, GW Plastics, Cyro Industries, Becton & Dickinson, Dow Chemical, Freudenberg Medical LLC, DuPont, ExxonMobil, Rochling Group, Medplast Inc., Nolato AB, Orthoplastics Ltd., and Saint Gobain Performance Plastics

·       Baxter International Inc., has announced to increase production of components for disposable devices in Mountain Home, Arkansas.

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

Medical Plastic Compounds Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Polyvinyl Chloride

·         Polyethylene

·         Polypropylene

·         Polystyrene

·         Polyester

·         Polycarbonate

·         Polyurethane

·         Acrylics

·         Others

Medical Plastic Compounds Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Disposables

·         Catheters

·         Surgical Instruments

·         Medical Bags

·         Implants

·         Drug Delivery System

·         Others

Medical Plastic Compounds Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         CSA

·         MEA

About Grand View Research

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

For More Information: www.grandviewresearch.com

Protein Supplements Market to Reflect a Significant CAGR of 6.3% by 2025

The global protein supplements market size is expected to reach USD 21.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% over the forecast period. Increasing number of fitness centers, gyms, and health clubs signifies rising inclination towards healthier lifestyle. Athletes, bodybuilders, and recreational users have been the traditional consumers of the product.

Pea is expected to be the fastest-growing raw material segment in the market over the forecast period. Pea protein contains all essential amino acids required for body functioning. It is associated with several health benefits including improvement of blood circulation, weight management, calcium absorption, metabolism enhancement, and blood sugar regulation. These proteins are significant for the consumers allergic with dairy and eggs. In addition, rise in demand for meat protein alternatives is anticipated to propel the growth of pea protein supplements over the forecast period.

Plant-based is expected to be the fastest-growing source segment in the market over the forecast period. Rising preference among consumers for plant-based diets owing to increasing number of individuals turning vegan, vegetarian, or flexitarian (people who primarily follow a vegetarian diet but consume fish or meat occasionally) is expected to drive the demand for plant-based products. In addition, ascending demand for vegan and vegetarian products that provide quality nutrition without having to rely on dairy or meat products, coupled with innovations in alternative protein products, is expected to open up new growth avenues.

Sports nutrition is expected to be the fastest-growing application segment in the market over the forecast period. Rising prevalence of health diseases owing to hectic schedules and nature of work, coupled with increasing consumer awareness about the relationship between maintaining a healthy diet and exercising, is anticipated to result in increased demand for sports nutritional supplements.                                                                                                            

Asia Pacific is anticipated to be the fastest-growing region in the protein supplements market over the forecast period. This is attributed to increasing population, rising middle class with increased level of disposable incomes, and growing agenda of individual preventive healthcare by personal ownership of wellness and health. Rising cost of medical care, rising concerns regarding public healthcare systems, urbanization, westernization of diet, and shifting consumption patterns from traditional meal timing to new convenient formats to adapt to busy lifestyles is expected to drive the demand for the product.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/protein-supplements-market

Further key findings from the study suggest:

·       The whey raw material segment was valued at USD 7.9 billion in 2018 and is anticipated to expand at a CAGR of 6.5% from 2019 to 2025

·       The pea segment is likely to reach USD 2.3 billion by 2025, progressing at a CAGR of 7.8% from 2019 to 2025

·       In terms of revenue, the animal-based source segment is expected to expand at a CAGR of 5.6% over the forecast period

·       The plant-based segment is likely to reach USD 7.7 billion by 2025, registering a CAGR of 7.9% from 2019 to 2025

·       In terms of revenue, the ready to drink product segment is anticipated to reach USD 4.1 billion by 2025

·       The industry is characterized by accreditation of the product, capacity expansion, capital expansion, and substantial investment decisions to increase the market share of manufacturers

·       Some of the prominent companies present in the industry are Glanbia Plc, AMCO Proteins, Quest Nutrition, NOW Foods, NBTY, MusclePharm Corp, Abbot Laboratories, Cyto Sport, IOVATE, and Transparent Labs.

Grand View Research has segmented the global protein supplements market on the basis of raw material, source, product, distribution channel, application, and region:

Protein Supplements Raw Material Outlook (Revenue, USD Million, 2014 - 2025)

·         Whey

·         Casein

·         Soy

·         Pea

·         Others

Protein Supplements Source Outlook (Revenue, USD Million, 2014 - 2025)

·         Animal-based

·         Plant-based

Protein Supplements Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Powder

·         Bars

·         Ready to Drink

·         Others

Protein Supplements Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

·         Supermarkets

·         Online Stores

·         Direct to Customers (DTC)

·         Others

Protein Supplements Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Sports Nutrition

·         Functional Food

Protein Supplements Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

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

For More Information: www.grandviewresearch.com

Functional Proteins Market Expected to Behold a CAGR of 7.5% through 2025

The global functional proteins market is expected to reach USD 7.45 billion by 2025, growing at a CAGR of 7.5%, according to a new report by Grand View Research, Inc. Rising importance of protein-fortified convenience foods as a result of extensive advertising campaigns by nutraceutical suppliers in e-commerce portals and electronics media is expected to have a substantial impact. Furthermore, the increasing market penetration of powdered drink mixes as a result of product innovation by companies including General Foods Corporation is expected to play a crucial role in promoting the functional proteins consumption in the near future. 

Whey protein isolates (WPI) accounted for 26.1% of global industry share in 2016. The segment is expected to witness significant gains owing to the introduction of the product forms in vanilla and chocolate flavors on a global level. Furthermore, increasing awareness towards enhancing muscular strength among athletes as well as gym professionals in emerging markets including Mexico, South Africa, China, and India is expected to broaden the application scope of WPI as sports nutrition goods over the next eight years.

To request a sample copy or view summary of this report, click the link below: 
http://www.grandviewresearch.com/industry-analysis/functional-protein-market

Further key findings from the report suggest:

·       Global functional proteins demand was stood at 823.9 kilo tons in the year, 2016 and is projected to foresee growth at a CAGR of 6.4% from 2017 to 2025.

·       Functional beverages are projected to foresee fastest volume growth at a CAGR of 7.0% from 2017 to 2025. Rising importance of protein shakes for weight management amongst working class professionals as a result of endorsement by fitness experts to use functional beverage is expected to expand the industry size.  

·       Dry forms are projected to foresee revenue growth at a CAGR of 7.2% from 2017 to 2025. Rising R&D spending towards the processing of spray-dried serum (SDS), spray-dried plasma (SDP) and globulin concentrate which are processed to use as colostrum supplements or replacers for feeding calves is expected to open the new avenues.

·       Asia Pacific is projected to witness high revenue growth at a CAGR of 8.2% from 2017 to 2025. Significant gains in functional food & beverage production in China, India, and Malaysia as a result of favorable government policies including the reduction in import duties of consumables or equipment, to promote the foreign investments is expected to play a fundamental role in increase the fortification of functional nutrition ingredients.  

·       Major manufacturers include Kerry Group, Fonterra, Arla Foods AMBA, Glanbia, Saputo Ingredients APC Inc., and Friesland Campina. The introduction of new products and the formation of strategic alliances with buyers in nutraceuticals and animal feed sectors are projected to remain critical success factors over the next eight years.

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

Functional Proteins Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         Hydrolysates

·         Whey Protein Concentrates (WPC)

·         Whey Protein Isolates (WPI)

·         Casein & Caseinates

·         Soy Protein

·         Others

Functional Proteins Form Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         Dry

·         Liquid

Functional Proteins Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         Functional Foods

·         Functional Beverages

·         Dietary Supplements

·         Animal Nutrition

Functional Proteins Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         RoW

About Grand View Research

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

For More Information: www.grandviewresearch.com

Bio-Polyamide Market is Anticipated to Register 12.9% CAGR through 2025

The Report Bio-Polyamide Market Analysis By Product (PA 6, PA 66, Specialty Polyamide) By Application, By End use (Textile, Automotive, Coating, Sports, Industrial, Electronics), And Segment Forecasts, 2018 - 2025

The global bio-polyamide market is anticipated to be valued at USD 327.3 million by 2025, according to a new report by Grand View Research, Inc. The increasing demand for bio-polyamides from the automotive, electronic & electrical, and textile industries is projected to drive the market in the next few years.

Reduction in the carbon footprint is a major factor that has contributed to the extensive use of eco-friendly products in various sectors. The superior properties of bio-polyamides, such as their high chemical resistance, low moisture absorption, excellent mechanical properties, and high thermal stability, have driven their usage in various applications as compared to their petrochemical-derived alternatives.

Legislation pertaining to the use of renewable products in Europe and North America along with the increasing awareness about the environmental degradation caused by the extraction of petroleum derivatives are expected to propel the bio-polyamide market over the forecast period. Synthetic surfactants are derived from petrochemicals. The stringent regulations enforced due to environmental concerns regarding the toxicity of synthetic surfactants are also likely to drive bio-polyamide market over the forecast period.

Access Research Report of Bio-Polyamide Market@ www.grandviewresearch.com/industry-analysis/bio-polyamide-market

Further key findings from the report suggest:

·       The global bio-polyamide market was valued at USD 110.5 million in 2016 and is projected to ascend at a CAGR of 12.9% from 2017 to 2025

·       The PA-6 segment occupied the largest market share and is expected to witness an estimated CAGR of 12.7% from 2017 to 2025

·       PA-66 is estimated to be the fastest growing segment owing to its higher modulus, better wear resistance, better short term thermal strength, and ability to absorb slightly less moisture as compared to PA-6

·       Massive investments made in the automotive, electronic, and textile industries are anticipated to influence the market growth positively in the next few years

·       Engineering plastics occupied the largest market share in 2016 and is projected to progress at the highest CAGR over the forecast period on account of its broad application scope

·       The automotive segment of the market by end use is predicted to ascend at the highest CAGR in the next few years owing to the development of automobile technologies

·       Key players in the market include Evonik Industries, Huntsman Corporation, Lanxess AG, Ube Industries, Ltd., and BASF SE

·       Patented manufacturing technologies and high raw material costs have restricted the entry of new players into the market. Increasing R&D efforts are projected to result in the emergence of new players in the industry.

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

Bio-Polyamide Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         PA-6

·         PA-66

·         Specialty Polyamides

Bio-Polyamide Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Fiber

·         Engineering Plastics

Bio-Polyamide End-use Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         Textile

·         Automotive

·         Film & Coating

·         Consumer Goods

·         Industrial

·         Electrical & Electronics

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa 

About Grand View Research

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

For More Information: www.grandviewresearch.com