Friday 28 May 2021

North America Cheese Powder Market Size Is Expected To Reach USD 2.1 Billion by 2028

 North America Cheese Powder Market Growth & Trends

The North America cheese powder market size is expected to reach USD 2.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. The market is majorly driven by the increasing demand for convenience foods owing to a time-constrained lifestyle. The increasing awareness about the harmful effects associated with synthetic food ingredients is further driving the growth of natural ingredients, such as cheese powders, in the region.

Consumers around the world are demanding convenient solutions that can help with their busy lifestyles and simplify nutritional requirements. Ready-To-Eat (RTE) meals are becoming an essential part of human life. These meals are preferred due to their nutritional values, ease of preparation, and availability of a wide selection. These meals have played a significant role in the growth of the food & beverage industry and are highly popular among end-users.

The U.S. fast-food industry has witnessed tremendous growth from being a mere USD 6 billion industry in 1970 to more than USD 250 billion in 2019. People have been increasingly focusing on the ingredients and flavors used in the food products along with their origin. This changing trend has pushed manufacturers to offer new and innovative ingredients, helping the growth of the market.

The foodservice and retail sectors are finding major opportunities for the product across the globe. Millennials are pushing manufacturers to think out of the box as this generation prefers products that are healthy, high in proteins, easy-to-use, and taste good. Their needs have a huge impact on the way products are manufactured, including the packaging elements.

However, the increasing occurrence of lactose intolerance and milk allergies is expected to hinder the growth of the cheese powder market over the forecast period in North America. Lactose intolerance is a very common trait found across almost every part of the world and over 60% of the global population has some levels of milk allergies. Consumers with lactose intolerance are turning their focus toward lactose-free plant-based alternatives to incorporate the necessary calcium and vitamins in their diet, which is expected to create challenges for the market in the region.

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North America Cheese Powder Market Report Highlights

  • The cheddar cheese powder segment accounted for a revenue share of over 40% in 2020 owing to high production levels and product popularity
  • The lower cost of cheddar powder as compared to its counterparts is expected to drive the segment growth over the forecast period
  • The Covid-19 pandemic has boosted the consumption of snacks in North American countries in 2020
  • The success of key snacks like yogurts, protein bars, hummus, and others, owing to consumer preferences for clean labels and natural ingredients, is anticipated to drive the product demand in the snacks segment
  • The U.S was the largest consumer in 2020 due to the high demand for snacks and bakery products in the country
  • Manufacturers are focusing more on distributing products through online channels to provide flexibility to the end users, in terms of order quantity and delivery time
  • Several manufacturers have vertically integrated business operations, which ensures the adequate supply of raw materials at lower costs

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-cheese-powder-market-analysis

North America Cheese Powder Market Segmentation

Grand View Research has segmented the North America cheese powder market on the basis of product, application, and region:

North America Cheese Powder Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Cheddar
  • Parmesan
  • Blue Cheese
  • Romano
  • Swiss
  • Other

North America Cheese Powder Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Snacks
  • Bakery & Confectionery
  • Dips/Dressings/Dry Mix/Sauces
  • Flavors
  • Ready-To-Eat
  • Others

North America Cheese Powder Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico

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.

Thursday 27 May 2021

Powder Coatings Market is Expected to Grow High Due to Increasing Demand For High Variation In Texture, Color & Coating Thicknesses by 2028

 

Powder Coatings Market Growth & Trends

The global powder coatings market size is expected to reach USD 20.8 billion by 2028, registering a CAGR of 7.2% from 2021 to 2028, according to a report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period primarily owing to the superior properties of powder coatings over conventional paints including high resistance to corrosion and chipping & abrasion, durability, cost-effectiveness, excellent finishing, and reduced processing time.

Growing purchasing power, high living standard, and rapid urbanization are expected to drive the consumer goods sector, thereby driving product demand for use in applications, such as refrigerators, washer tops and lids, air-conditioner cabinets, water heaters, range housings, dishwashers, microwave oven cavities, and freezer cabinets.

Asia Pacific is estimated to register the fastest CAGR of 8.0%, in terms of revenue, over the forecast period. Increasing demand for consumer goods, such as washing machines and refrigerators, in emerging countries like India, China, Vietnam, the Philippines, and Thailand is expected to boost the regional market growth. Growing demand for automotive in emerging economies of Asia Pacific coupled with favorable FDI norms by the governments is expected to facilitate investments in the region.

North America was the third-largest regional market, in terms of revenue, in 2020. The rapid expansion of the automotive industry in the U.S. and concerns regarding VOC emissions released from the coatings used in automobile production are expected to boost the demand for powder coatings.

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Powder Coatings Market Report Highlights

  • Epoxy-Polyester (Hybrid) is expected to be the fastest-growing resin type segment during the forecast period
  • Consumer goods dominated the application segment in 2020 due to high demand for domestic appliances in emerging countries, such as India, China, Vietnam, the Philippines, and Thailand
  • The global market is fragmented. In terms of revenue, the top market players collectively held over 40% of the overall share in 2020
  • Key players are striving to gain a higher market share with new product developments and advancements in the manufacturing technology
  • However, at present, the pricing structure of market participants is nearly the same and there is not much difference in product attributes

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

Powder Coatings Market Segmentation

Grand View Research has segmented the global powder coatings market on the basis of resin, application, and region:

Powder Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

  • Epoxy
  • Polyester
  • Epoxy-polyester (Hybrid)
  • Acrylic
  • Polyurethane
  • Others

Powder Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

  • Consumer Goods
  • Architectural
  • Automotive
  • General Industries
  • Furniture
  • Others

Powder Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Russia & CIS countries
    • Benelux
    • Turkey
    • Spain
    • Switzerland
    • Sweden
    • Poland
    • Austria
    • Norway
    • Denmark
    • Finland
    • Portugal
    • Czech Republic (CZ)
    • Slovenia
  • Asia Pacific
    • China
    • India
    • Japan
    • Thailand
  • Central and South America
    • Brazil
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa

List of Key Players of Powder Coatings Market

  • Akzo Nobel N.V
  • The Sherwin-Williams Company
  • PPG Industries, Inc.
  • BASF SE
  • DSM
  • Valspar
  • Arkema S.A.
  • Bayer AG

 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 Separation Market Will Target Emerging Markets By 2028

 Cell Separation Market Growth & Trends

The global cell separation market size is expected to reach USD 25.8 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.8% from 2021 to 2028. Growing focus on biomolecule and cancer research, and rising incidence of chronic and infectious diseases, including the outbreak of COVID-19, are major factors contributing towards the growth of the market.

Cell separation products are widely used by researchers and healthcare professionals for the development and production of novel therapies such as gene therapies and regenerative medicines. Continuous technological advancements and the introduction of more efficient products by key players have significantly supported the market growth. For instance, in October 2020, Thermo Fisher Scientific, a U.S.-based prominent player in the field, launched its new Gibco CTS Rotea Counterflow Centrifugation System. This new system gives processing versatility to help in a broad range of protocols for cell separation. Also, increasing public-private initiatives and investments to facilitate stem and gene therapy development in potential emerging countries is anticipated to create a lucrative environment for market growth. In February 2020, the Global Institute of Stem Cell Therapy and Research (GIOSTAR), a regenerative medicine provider, established a stem cell/cancer research center in India.

Furthermore, the high prevalence of chronic diseases, such as cancer, and extensive R&D activities by leading biotech and pharma players to develop novel biological therapies are expected to fuel market growth. As per the American Cancer Society’s estimates, in 2021, around 1.9 million new cases of cancer are estimated to be diagnosed in the U.S., which will lead to around 608,570 deaths. Moreover, following the outbreak of COVID‐19, several U.S.-based companies are involved in extensive research for the development of novel vaccines and therapeutics, thereby driving the market.

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Cell Separation Market Report Highlights

  • By product, the consumables segment dominated the market in 2020, owing to its repetitive use in research applications
  • By application, the biomolecule isolation segment dominated the market in 2020, due to increasing R&D initiatives for the development of innovative biologics
  • The research laboratories and institutes segment accounted for the largest revenue share in the end-use segment in 2020, owing to increasing R&D initiatives by them in the field of oncology and neuroscience
  • The high cost of cell isolation products is the most critical restraining factor for the overall market growth
  • North America dominated the market with the largest revenue share owing to the presence of numerous large biopharmaceutical and biotechnology companies in the region
  • In Asia Pacific, the market is projected to witness the highest CAGR during the forecast period due to the expanding biotech and pharma sectors in emerging markets such as China and India

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

Cell Separation Market Segmentation

Grand View Research has segmented the global cell separation market on the basis of product, cell type, technique, application, end use, and region:

Cell Separation Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Consumables
    • Reagents, Kits, Media, and Sera
    • Beads
    • Disposables
  • Instruments
    • Centrifuges
    • Flow Cytometers
    • Filtration Systems
    • Magnetic-activated Cell Separator Systems

Cell Separation Cell Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Human
  • Animal

Cell Separation Technique Outlook (Revenue, USD Million, 2016 - 2028)

  • Centrifugation
  • Surface Marker
  • Filtration

Cell Separation Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Biomolecule Isolation
  • Cancer Research
  • Stem Cell Research
  • Tissue Regeneration
  • In Vitro Diagnostics
  • Therapeutics

Cell Separation End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Research Laboratories and Institutes
  • Hospitals and Diagnostic Laboratories
  • Cell Banks
  • Biotechnology and Biopharmaceutical Companies

Cell Separation Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Cell Separation Market

  • Thermo Fisher Scientific, Inc.
  • Becton, Dickinson and Company
  • Danaher
    • Beckman Coulter, Inc.
    • Cytiva
  • Terumo Corporation
  • STEMCELL Technologies Inc.
  • Bio-Rad Laboratories, Inc.
  • Merck KGaA

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.

Demand Data Center Colocation Market Increasing in Most Part of World 2028

 Data Center Colocation Market Growth & Trends

The global data center colocation market size is expected to reach USD 117.82 billion by 2028, recording a CAGR of 13.3% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Several businesses and cloud service providers are shifting toward colocation or multi-tenant data centers, which is a key factor contributing to the market growth. Colocation is the preferred choice among numerous enterprises as it offers increased cost benefits compared to building and maintaining their own data center facility. Colocation data centers also offer operational flexibility while scaling up infrastructure to accommodate larger data volumes. With the rising costs of land, property, and IT infrastructure, these data centers are a viable option for SMEs due to limited IT spending.

The proliferation of online shopping worldwide is anticipated to upkeep the market growth over the next seven years. An increase in the number of online shoppers translates to the generation of increased data volumes in the retail sector. This has led to increased investments in the IT infrastructure sector, especially in data centers. Several retailers are opting for colocation centers to save IT costs, which is further expected to drive market growth.

Countries, such as India, China, and the U.S., have strict data localization laws to prevent cross-border data transfers. The European Union implemented General Data Protection Regulation (GDPR) in 2018, which laid down the norms related to personal data transfer and usage. Such protection laws have propelled several enterprises to locate their data centers within the country borders and localize data storage. Colocation data centers have presented businesses with an opportunity of leasing the infrastructure at affordable rates in proximity to the user, while also scaling the infrastructure to accommodate data volumes. These factors are expected to increase the deployment of colocation facilities, thereby driving the market growth.

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Data Center Colocation Market Report Highlights

  • The wholesale type segment is projected to record the fastest CAGR of over 16% from 2021 to 2028 on account of the top global companies, such as Microsoft Corp. and Oracle Corp., renting wholesale colocation centers for their servers
  • The product demand in the small- & medium-scale business segment captured a sizeable share of over 37% in 2020. The segment is anticipated to witness an uptick in demand registering a strong CAGR from 2021 to 2028
  • Asia Pacific is expected to register the highest growth rate over the forecast period on account of the rising data volumes across the region
  • A large percentage of the population uses smartphones, thus increasing the viewership of Over-The-Top (OTT) platforms and streaming services. This is expected to generate large data volumes, thereby increasing the demand for high data storage and faster processing speeds
  • The healthcare end-use segment is estimated to register the fastest CAGR from 2021 to 2028 due to the rising need to effectively store and manage patient data and increased focus on medical services amid the pandemic

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

Data Center Colocation Market Segmentation

Grand View Research has segmented the global data center colocation market on the basis of colocation type, enterprise size, end-use, and region:

Data Center Colocation Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail
  • Wholesale

Data Center Colocation Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

  • SMEs
  • Large Enterprises

Data Center Colocation End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail
  • BFSI
  • IT & Telecom
  • Healthcare
  • Media & Entertainment
  • Others

Data Center Colocation Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Austria
    • Switzerland
    • Benelux
    • Nordics
    • CEE
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players of Data Center Colocation Market

  • China Telecom Corp. Ltd.
  • CoreSite Realty Corp.
  • CyrusOne, Inc.
  • Cyxtera Technologies, Inc.
  • Digital Realty Trust, Inc.
  • Equinix, Inc.
  • Global Switch
  • NaviSite
  • NTT Communications Corp.
  • Telehouse

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.

E-cigarette And Vape Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 E-cigarette And Vape Market Growth & Trends

The global e-cigarette and vape market size is expected to reach USD 104.51 billion by 2028, registering a CAGR of 28.1% from 2021 to 2028, according to a new study by Grand View Research, Inc. The push toward COVID-19-based marketing strategies and sales via digital channels is estimated to drive market growth in the post-COVID-19 pandemic era. The rising awareness about consuming smokeless, safe, and ashless tobacco is anticipated to drive market growth. Furthermore, there is an increasing awareness about vaping being an effective method to quit traditional smoking, as it is less toxic and creates vapors instead of smoke. Thus, the adoption of vape devices is expected to increase over the forecast period, particularly among individuals smoking for recreation and among smokers working toward quitting smoking altogether.

Several countries across the globe have witnessed an increase in indoor smoking owing to lockdowns announced amid the COVID-19 pandemic. However, vape shops remained open and were functional during the lockdown in countries such as Italy. To cash in on the rising demand for vape products, numerous vendors are adopting unique marketing strategies and offering their products through online platforms. For instance, MyVapery/Xyfil, a British nicotine liquid manufacturer, is offering free hand sanitizers in the same bottles as the company’s flavored nicotine e-liquids.

The growing concerns over conventional cigarettes among various age groups have boosted the demand for relatively less-toxic e-cigarettes and vape products. Market players are launching various e-liquid flavors in the market to cater to the evolving preferences of customers, thereby stimulating market growth. However, e-cigarettes are often associated with conventional cigarettes and hence, tend to attract criticism, a factor expected to restrain the market growth.

Market participants in the e-cigarette industry are prominent players in the market that own a significant market share. These companies have largely invested in e-cigarettes as they are expected to be an effective alternative solution for tobacco consumption. However, the industry is characterized by the presence of various smaller niche players that offer efficient vape devices and e-liquKids, thereby, acquiring a large customer base gradually. Small companies usually outsource the manufacturing of e-cigarettes to Asian countries such as China to price their products competitively.

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E-cigarette And Vape Market Report Highlights

  • The modular device segment is anticipated to emerge as the fastest-growing segment over the forecast period. Modular devices allow users to adjust the vapor output according to their preference. High customizability is expected to drive the segment growth over the forecast period
  • E-liquid segment is anticipated to emerge as the fastest-growing segment from 2021 to 2028. The tobacco-free composition of e-liquids and the availability of various flavors such as chocolate, menthol, and blueberry, along with a range of fruit flavors, make these products appealing and acceptable. This is expected to drive the segment growth
  • The online platform segment is expected to register a significant CAGR over the forecast period. The increasing use of social media applications such as WhatsApp, Instagram, and Facebook to promote and sell vape devices is anticipated to drive the growth of the online distribution channel
  • North America accounted for the highest market share in terms of revenue in 2020 owing to the extensive presence of prominent players such as Altria Group, Inc. and Philip Morris International Inc., which hold a significant share of the North American market

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

E-cigarette And Vape Market Segmentation

Grand View Research has segmented the global e-cigarette and vape market based on product, component, distribution channel, and region:

E-cigarette & Vape Product Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

  • Disposable
  • Rechargeable
  • Modular Devices

E-cigarette & Vape Component Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

  • Atomizer
  • Vape Mod
  • Cartomizer
  • E-liquid

E-cigarette & Vape Distribution Channel Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

  • Online
  • Retail
    • Convenience Store
    • Drug Store
    • Newsstand
    • Tobacconist Store
    • Specialty E-cigarette Store

E-cigarette & Vape Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • South Korea
    • Japan
  • Latin America
    • Brazil
  • MEA

List of Key Players in the E-cigarette And Vape Market

  • Altria Group, Inc.
  • British American Tobacco
  • Imperial Brands
  • International Vapor Group
  • Japan Tobacco Inc.
  • NicQuid
  • JUUL Labs, Inc.
  • Philip Morris International Inc.
  • J. Reynolds Vapor Company
  • Shenzhen IVPS Technology Co., Ltd.
  • Shenzhen KangerTech Technology Co., 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.

Viral Vector Production (Research-use) Market To Reap Over USD 3.9 Billion In Revenues By End Of 2028: Grand View Research Inc.

 Viral Vector Production (Research-use) Market Growth & Trends 

The global viral vector production (research-use) market size is expected to reach USD 3.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.8% from 2021 to 2028. The expanding research base for advanced therapies has primarily driven the market for research applications including preclinical, clinical, and investigational studies.

The outbreak of the COVID-19 pandemic has created lucrative opportunities for the market players, particularly in the vaccine manufacturing sector. The application of viral vectors in vaccine development against SARS-CoV-2 has witnessed remarkable growth in the fiscal year 2020. By far, the manufacturing of viral vectors for research use is impeded by a lack of production capacity to fulfill the growing market needs.

Thus, operating key stakeholders are engaged in implementing new approaches to overcome these challenges and expand production capacities. The improving ratio of clinical success to the number of clinical trials of gene and cell therapy products is a testament to the enhancing manufacturing capabilities.

Currently, several new gene therapy products are in the late stages of development and the pipeline continues to expand across the globe. The forward momentum for the advanced therapy arena is anticipated to drive investment to conduct research for the development of safe viral vectors and therapies.

Request a free sample copy or view report summary: Viral Vector Production (Research-use) Market Report

Viral Vector Production (Research-use) Market Report Highlights

  • Adeno-associated virus (AAV) accounted for the largest revenue share in 2020. Proven records of non-pathogenicity are one of the important key factors boosting the adoption of this segment
  • Recently, usage of AAV is rising considerably across several therapeutic areas, consequently witnessing a significant boost in adoption rate throughout the forecast period
  • In terms of revenue share, the downstream processing segment dominated the market in 2020 owing to highly complex polishing and purification procedures of final products
  • Furthermore, the growing demand for viral vectors due to their increased adoption as therapeutics has led to an increase in the need for optimizing downstream and upstream workflows
  • This is driving investment flow in both segments, resulting in a significant share of upstream processing
  • Given the extensive efforts in COVID-19 vaccinedevelopment, the application of viral vectors in the vaccine development segment has witnessed tremendous growth, resulting in the largest revenue share of this segment in 2020
  • The research institutes segment dominated the market in terms of revenue share in 2020. The increasing involvement of scientific communities in gene and cell therapy research has driven the revenue flow in this segment
  • North America captured the maximum revenue share in 2020 with the U.S. at the forefront
  • One major factor that has contributed to the larger share of this regional market is the presence of a substantial number of centers and institutes that are engaged in the R&D of advanced therapies
  • Investments made by the federal bodies for the expansion of cell therapy research base in the region are anticipated to enhance the growth of the market in North America
  • The key market players are engaged in collaboration with pharma companies to serve their viral-vector-based research needs pertaining to advanced therapy development

Access Press Release@ https://www.grandviewresearch.com/press-release/global-viral-vector-production-research-use-market

Viral Vector Production (Research-use) Market Segmentation

Grand View Research has segmented the global viral vector production (research-use) market on the basis of vector type, application, workflow, end-use, and region:

Viral Vector Production (Research-use) Vector Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Adeno-associated virus (AAV)
  • Lentivirus
  • Adenovirus
  • Retrovirus
  • Others

Viral Vector Production (Research-use) Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Cell & Gene Therapy Development
  • Vaccine Development
  • Biopharmaceutical and Pharmaceutical Discovery
  • Biomedical Research

Viral Vector Production (Research-use) Workflow Outlook (Revenue, USD Million, 2017 - 2028)

  • Upstream Processing
    • Vector Amplification & Expansion
    • Vector Recovery/Harvesting
  • Downstream Processing
    • Purification
    • Fill-finish

Viral Vector Production (Research-use) End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Pharmaceutical and Biopharmaceutical Companies
  • Research Institutes

Viral Vector Production (Research-use) Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Viral Vector Production (Research-use) Market

  • Merck KGaA
  • Lonza
  • FUJIFILM Diosynth Biotechnologies U.S.A., Inc.
  • Cobra Biologics Ltd.
  • Thermo Fisher Scientific
  • Waisman Biomanufacturing
  • Genezen
  • YPOSKESI
  • Advanced BioScience Laboratories, Inc. (ABL, Inc.)
  • Novasep Holding S.A.S
  • Orgenesis Biotech Israel Ltd (formerly ATVIO Biotech ltd.)
  • Vigene Biosciences, Inc.
  • General Electric Company (GE Healthcare)
  • CEVEC Pharmaceuticals GmbH
  • Batavia Biosciences B.V.
  • Biovion oy
  • Wuxi AppTec Co., Ltd.
  • VGXI, Inc.
  • Catalent Inc.
  • Miltenyi Biotec GmbH
  • SIRION Biotech GmbH
  • Virovek Incorporation
  • BioNTech IMFS GmbH
  • VIVEbiotech S.L.
  • Creative Biogene
  • Vibalogics GmbH
  • Takara Bio.
  • Cell and Gene Therapy Catapult
  • BlueBird Bio
  • Addgene, Inc.
  • Aldevron, L.L.C.
  • Audentes Therapeutics
  • BioMarin Pharmaceutical
  • RegenxBio, 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.

Wednesday 26 May 2021

Recycled Polyethylene Terephthalate Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Recycled Polyethylene Terephthalate Market Growth & Trends

The global recycled polyethylene terephthalate market size is expected to reach USD 14.40 billion by 2028, according to a new study by Grand View Research, Inc., growing at a CAGR of 6.7% over the forecast period. The growing beverage industry in countries, such as China, India, Japan, South Korea, Vietnam, and the Philippines, as well as increasing demand for Recycled Polyethylene Terephthalate (rPET) in non-food sectors, is expected to drive the global market over the forecast period.

Recycled PET is a synthetic compound prepared from used PET products, which finds application in a wide range of end-use industries. The resins are produced from post-consumer PET bottle flakes and are one of the most stable forms of recycled PET. Clear was the largest type of rPET in 2020 and the product is expected to continue dominating the global market owing to the high demand in the production of bottles and sheets. Clear recycled PET is widely used in multiple applications, such as in the production of resins and fibers.

Rising concerns about the sustainability of natural resources in the developing economies of North America and Europe are expected to have a positive influence on the product demand over the forecast period. The shift in preference toward establishing manufacturing units in the Asia Pacific region, especially in China, India, Vietnam, Indonesia, and Thailand, is also expected to propel the product demand. The non-food containers and bottles end-use segment is expected to grow at a steady rate over the forecast period.

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Recycled Polyethylene Terephthalate Market Report Highlights

  • The global market was valued at USD 8.6 billion in 2020 and is estimated to grow at a CAGR of 6.7% from 2021 to 2028
  • The clear product segment accounted for the largest revenue share in 2020 and is anticipated to retain its dominance throughout the forecast period
  • Low energy requirements and ease of bottle-to-bottle recycling are expected to drive the demand for clear recycled PET over the forecast period
  • The food & beverage containers & bottles end-use segment is projected to register the fastest CAGR over the forecast period
  • In terms of revenue, Asia Pacific dominated the global market and is projected to expand further at a steady CAGR over the forecast period
  • The growth can be credited to the presence of a strong manufacturing industry wherein rPET is widely used across several applications
  • North America is projected to grow at a significant CAGR over the forecast period owing to the presence of several key end-use industries, such as FMCG, consumer goods, clothing & textile, and automobile, and the anticipated surge in recycled plastic adoption in these industries

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Recycled Polyethylene Terephthalate Market Segmentation

Grand View Research has segmented the global recycled polyethylene terephthalate market on the basis of product, end-use, and region:

rPET Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

  • Clear
  • Colored

rPET End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

  • Fiber
  • Sheet & Film
  • Strapping
  • Food & Beverage Bottles & Containers
  • Non-Food Bottles & Containers
  • Others

rPET Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • Sweden
    • UK.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

List of Key Players of Recycled Polyethylene Terephthalate (rPET) Market

  • PLACON
  • Verdeco Recycling, Inc.
  • Indorama Ventures Public Ltd.
  • POLYQUEST
  • Evergreen Plastics, Inc.
  • Libolon

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.

Scaffold Technology Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Scaffold Technology Market Growth & Trends

The global scaffold technology market size is expected to reach USD 2.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.4% from 2021 to 2028. The market growth can be primarily attributed to the growing popularity of bioprinting for mimicking the tissue microenvironment in printed 3D tissue models. The need to expand the horizon of multidisciplinary research areas has supplemented the adoption of scaffold technologies in 3D printed models.

For instance, in October 2021, researchers integrated novel biomaterial scaffold-guided regeneration for multiple periodontal tissues. The incorporation of advanced imaging modalities along with 3D printing has facilitated non-invasive tracking of in vivo degradation of scaffolds. The advent of such technologies is expected to propel the adoption of scaffolds in tissue engineering and regeneration, thereby providing considerable momentum to market growth.

Additionally, the development of novel diagnostic and therapeutic strategies such as tissue engineering, regenerative medicine, have been largely favored in the wake of the pandemic outbreak of SARS-COV-2 infection. Expanding research activities in the field of tissue engineering have led to the advent of scaffold-based vaccine systems, which have the potential tocombatCOVID-19. Progress in this area is expected to cause a surge in the adoption of advanced medical technologies in COVID-19 vaccine development and research.

Furthermore, researchers are proactively using in vitro human lung tissue models developed using tissue-engineered for the understanding of mechanisms of the infection and host-pathogen interface. The application of tissue engineering is used for culturing multiple pulmonary cell lines, improving the relevance of in vitro models, and the use of 3D scaffolds that mimic native pulmonary architecture.

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Scaffold Technology Market Report Highlights

  • The hydrogels segment dominated the market in terms of revenue in 2020 owing to advantages such as high biocompatibility, thermal reversibility, and strong cellular activities, contributing to its increasing adoption rate
  • The nanofiber-based scaffolds segment is expected to witness lucrative growth owing to the growing advancements such as 3D molding for developing 3D nanofiber membranes
  • The stem cell therapy, regenerative medicine, and tissue engineering segment held the largest revenue share in 2020
  • This growth is attributed to the expanding adoption of scaffolds in the aesthetic procedure, wound healing, periodontology, and colorectal surgeries
  • The drug discovery segment is expected to witness the fastest CAGR over the forecast period
  • Scaffolds play a vital role in the elucidation of molecular reasons for the activity of drug candidate in toxicity screening procedures, which is expected to impact the growth of medical technology in this segment
  • The orthopedics, musculoskeletal, and spine segment held a substantial market share in 2020 due to an increase in the popularity of regenerative medicines
  • Regenerative medicines can offer various lower risk substitutes to allograft surgery, thereby supplementing the adoption of the technology in this segment
  • The biotechnology and pharmaceutical industries segment dominated the market in terms of revenue share in 2020 owing to their high engagement in new drug discovery and development
  • North America held the largest revenue share in 2020. Growth in this region is owing to the presence of key players and extensive R&D activities
  • Companies operating in the market are entering into partnership for developing 3D cell culture models
  • For instance, in March 2021, PELOBiotech GmbH entered in partnership with Rigenerand SRL for developing 3D Cell Culture models. The company distributed its VITVO handheld bioreactor which is integrated with a scaffold for establishing in vitro 3D cell culture model that is used in pre-clinical investigations and research applications

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

Scaffold Technology Market Segmentation

Grand View Research has segmented the global scaffold technology market based on type, application, disease type, end-use, and region:

Scaffold Technology Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Hydrogels
    • Polymeric
    • Micropatterned Surface Microplates
    • Nanofiber-based
  • Wound Healing
  • 3D Bioprinting
  • Immunomodulation

 Scaffold Technology Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Stem Cell Therapy, Regenerative Medicine, & Tissue Engineering
  • Drug Discovery
  • Others

Scaffold Technology Disease Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Orthopedics, Musculoskeletal, & Spine
  • Cancer
  • Skin & Integumentary
  • Dental
  • Cardiology & Vascular
  • Neurology
  • Urology
  • GI, Gynecology
  • Others

Scaffold Technology End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Biotechnology and Pharmaceutical Industries
  • Research Laboratories and Institutes
  • Hospitals and Diagnostic Centers
  • Others

Scaffold Technology Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Scaffold Technology Market

  • Merck KGaA
  • Thermo Fisher Scientific, Inc.
  • Becton, Dickinson, and Company
  • 3D Biotek LLC
  • Xanofi
  • Molecular Matrix, Inc.
  • Tecan Trading AG
  • REPROCELL Inc.
  • Matricel GmbH
  • Pelobiotech
  • Corning Incorporated
  • Akron Biotech
  • Avacta Life Sciences Limited.
  • Nanofiber Solutions
  • 4titude
  • Bioquote Ltd
  • Vericel Corporation
  • NuVasive, Inc.
  • Allergan
  • Medtronic

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 Electronics Market Size Projected to Rise Lucratively during the Forecast Period: Grand View Research Inc.

 

Automotive Electronics Market Growth & Trends

The global automotive electronics market size is expected to reach USD 392.49 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.9% from 2021 to 2028. Increasing safety and security concerns to curb the rising road fatalities in developed and developing economies across the globe are the factors anticipated to drive the demand for automotive electronics. The rising demand for electric vehicles, autonomous vehicles, and state-of-the-art vehicle technology is also expected to fuel the market growth. Accident data recorder systems, emergency call systems, and alcohol ignition interlocks are some of the prominent technologically advanced features that are expected to drive the market growth over the forecast period.

The availability of advanced safety systems with features such as blind-spot detection and automatic emergency braking at lower costs has led to the increased implementation of these systems. This, in turn, is expected to boost the adoption of automotive ECUs and sensors used in these systems, subsequently fueling the market growth. Moreover, these features adhere to government rules and regulations and are anticipated to pave the way for adopting autonomous vehicles. The ECUs and sensors are used for controlling the electronic functions in these vehicles, thereby increasing the demand for these components.

The COVID-19 pandemic has negatively impacted the demand for automotive electronics in 2020. The implementation of lockdowns and social distancing norms globally has led to losses for industries such as manufacturing, automotive, entertainment, restaurant, and hospitality. The overall vehicle production volumes declined globally on a year-on-year basis, mainly due to the decrease in production volumes in North America and Europe, among other regions. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), global automobile production dropped by more than 15% i.e., 77.6 million units in 2020 as compared to 91.7 million units in 2019. However, as governments begin to gradually relax lockdown norms and allow businesses to operate with mandates of social distancing, the market can expect a period of respite for the short-term due to the growing demand for cars from the middle-class populations.

The market for automotive electronics is also affected by the recent semiconductor chip shortages globally. The semiconductor chip supply crunch, powered by the pandemic supply-chain gyrations and rising demand, has majorly affected the automakers, forcing them to temporarily halt production in their factories. In April 2021, General Motors and Ford announced plans to temporarily shut down their factories due to a shortage of semiconductor chips. The chaotic ordering from the automotive OEMs makes it harder for chipmakers to understand where they need to allocate supply to meet the real and short-term needs.

The Asia Pacific regional market captured around 41% of the overall automotive electronics demand in 2020 and is estimated to register the highest CAGR of 8.3% over the forecast period. The demand in the Asia Pacific region is largely fulfilled by China, India, and Japan. China is the world's largest manufacturing hub and one of the fastest-growing economies. The Chinese automotive manufacturers are leveraging favorable market conditions to take the lead and dominate the market. Moreover, the Make in India campaign is expected to draw investments in the automotive sector, thus boosting the demand for automotive electronics.

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Automotive Electronics Market Report Highlights

  • In terms of component, the sensors segment is estimated to expand at the highest CAGR of around 9.2% over the forecast period. This can be attributed to favorable government initiatives for passenger safety and security in various regions
  • In terms of application, the safety system emerged as the largest segment in 2020. Increasing customer awareness about technological changes related to safety equipment in vehicles is expected to act as a potential driver for the growth of the safety systems segment
  • In terms of sales channel, the OEM segment emerged as the largest segment in 2020 owing to the increased durability and shelf-life of electronic components
  • The Asia Pacific region held the largest market share in 2020. This can be attributed to the increasing production of vehicles in India, China, and Japan

Access Press Release@ https://www.grandviewresearch.com/press-release/global-automotive-electronics-industry

Automotive Electronics Market Segmentation

Grand View Research has segmented the global automotive electronics market based on component, application, sales channel, and region:

Automotive Electronics Component Outlook (Revenue, USD Million, 2016 - 2028)

  • Electronic Control Unit
  • Sensors
  • Current Carrying Devices
  • Others

Automotive Electronics Application Outlook (Revenue, USD Million, 2016 - 2028)

  • ADAS
  • Infotainment
  • Body Electronics
  • Safety Systems
  • Powertrain Electronics

Automotive Electronics Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • OEM
  • Aftermarket

Automotive Electronics Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Automotive Electronics Market

  • Continental AG
  • DENSO Corporation
  • Hella GmbH& Co. KGaA
  • Infineon Technologies AG
  • Robert Bosch GmbH
  • Valeo Inc.
  • ZF Friedrichshafen AG
  • Hitachi Automotive Systems, Ltd.
  • Visteon Corporation
  • Xilinx, 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.

Magnetic Resonance Imaging Market Get Facts About Business Strategies 2021 to 2028: Grand View Research Inc.

 

Magnetic Resonance Imaging or MRI or sometimes called nuclear magnetic resonance is specifically suitable to provide images of the internal organs. Unlike other imaging methods, such as CT scan or X-Ray, the risk of harmful radiation is omitted in the case of magnetic resonance imaging.

Before discussing most imperative questions regarding magnetic resonance imaging (MRI), we should firstly understand the meaning of MRI, how it works, and its uses.

Let’s dive in.

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What is Magnetic Resonance Imaging (MRI)?

Magnetic Resonance Imaging (MRI) is an imaging method that uses magnetic waves to obtain detailed images of organs inside a body. The primary objective of MRI is to detect potential or present diseases in a body such as tumors, risks involving stroke, heart diseases, evaluation of kidney, pelvic organs, and many others.

The MRI scanner is an efficient diagnostic machine in a shape of a tube surrounded by a giant circular magnet. During the process of scanning, the patient is made to lie inside the machine. A heavy magnetic field is generated by the magnet, which aligns the protons of hydrogen atoms, which are then subjected to a beam of radio waves. The numerous protons in the body move, producing a faint signal that is sensed by the MRI scanner’s receiver component. The receiver information is processed by a computer, which results in a photograph.

What are the Uses of MRI scan?

When other tests fail to provide enough evidence to validate a patient’s diagnosis, an MRI scan may be used as an incredibly reliable means of disease identification in the body. It is often used after other research fails to provide enough information to confirm a patient’s diagnosis.

For instance, a magnetic resonance imaging scan is used by neurosurgeons not only to determine brain structure but also to assess the spinal cord’s stability following trauma. It’s often used for dealing with issues involving the spine’s vertebrae or intervertebral discs.

Why does an MRI machine make loud noise while scanning?

As we all know now, a powerful magnetic field is used in an MRI scan. During the scan, a superconducting magnet creates a solid base magnetic field. A series of electromagnets coiled in 3-axis within the magnet undergoes a slight, predictable change in field strength in each direction. The wires within the epoxy casing travel and create noise as the electromagnets are turned on and off.

Major differences between CT scan, X-Ray, and MRI?

Difference between x-ray ct scan mri

CT scan, MRI, or X-Ray are not new terminologies in the healthcare sector. Doctors have been using these machines for ages to detect what is going inside our body. These images can help in screening for possible medical conditions before symptoms appear along with diagnosing the cause of existing symptoms or monitor health conditions that have been diagnosed and the effects of treatment for them. To just name of few, different types of imaging include CT scan, X-rays, MRI, and Ultrasound. Each of these imaging types uses different technology to create an image of our body. Let’s discuss a few of these imaging types and understand the major differences between them.

xray ct scan mri
X-Rays vs Ct Scan vs MRI (Infographic)

Discussing if there are any health risks related to MRI scan, or it’s all myth.

MRI scan is fairly a risk-free scan but there are some minor risks involved during the procedure. However, there is no major health risk related to MRI as it doesn’t involve the use of radiation.

Since an MRI scan is performed inside a very powerful magnetic field, it is necessary to remove all metallic objects before the scan, including hearing aids, watches, jewelry, mobile phones, and cloths with metallic threads or fasteners. Additionally, it is advisable to remove all lipstick, nail polish, or other products that may contain metallic particles.

A contrast agent known as gadolinium is inserted into a vein during specific MRI exams to help enhance the detail seen on the magnetic resonance images. Gadolinium does not contain iodine, unlike contrast products used in x-ray exams or CT scans, and therefore rarely induces an allergic reaction or other problem.

Claustrophobia is another risk associated with an MRI scan. Though an individual can opt for an Open MRI, the possibility of which can be discussed with the doctor.

Future of Magnetic Resonance Imaging (MRI)

MRI has been at the pinnacle of medical imaging, having a huge impact on many developments in diagnostic radiology. Most of the developing countries have benefitted from advancements in MRI hardware and applications.

So, where is MRI technology heading?

Well, the biggest manufacturers and researchers across the world are trying to take MRI technology towards portability. The current MRI machines are hefty and bulky which needs an entire room for it. In several cases, a portable MRI can be beneficial for the assessment of treatment. One such portable MRI launched by Hyperfine was launched in 2020 to scan the head, neck and, other extremities in about any clinical setting. The portable MRI can be used in emergency rooms, intensive care units, and places where a clinical MRI can’t be accessed.

Automotive Wrap Films Market to Undertake Strapping Growth By 2030

Automotive Wrap Films Market Growth & Trends The global  automotive wrap films market  size is anticipated to reach USD 28.89 billion by...