Wednesday, 20 February 2019

Medical Tubing Market is Anticipated to reach USD 11.95 billion by 2025: Grand View Research, Inc.

21-February-2019: The global medical tubing market size is expected to reach USD 11.95 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.1% over the forecast period. Owing to their inertness to body tissues and fluids and low cost for high volume applications plastic materials play an important role in the manufacturing of products, such as conduits for acquiring biopsy samples, stent holders, and vascular catheters. On account of their advantages, such as resistance to sterilization conditions and higher optical transparency, plastic products are witnessing increased adoption in medical equipment.

Medical Tubing Market

Medical tubes are inserted into the body through nose or mouth to deliver anesthesia or oxygen. Depending on the functionality and application of the device, the products are manufactured in various shapes using specific polymers. In the healthcare industry, surgeons and other end-users prefer miniature devices that enhance the performance of surgical operations. Tubes with smaller and thinner diameter are mostly used in endoscopic miniature devices, which are used for medical connectivity to transfer data from a patient or a medical device to an analytical system.

As per the National Health Services, England, the number of endoscopic procedures is expected to increase from approximately 650,000 in 2011 to 900,000 by 2020. Many other surgical procedures using minimally invasive devices are also expected to increase in the coming years, thereby driving the demand for medical tubes. Rise in consumer disposable income in developing countries, growing geriatric population, and advances in healthcare facilities are some of the key factors driving the medical tubing market.

The highly fragmented U.S. market is witnessing consolidation as major medical plastic manufacturers and medical device Original Equipment Manufacturers (OEM) are synergizing with various market players in the value chain. For instance, specialty plastics manufacturers, such as Kelcourt Plastics, Inc.; PEXCO LLC; and PPC Industries Inc., merged and formed Spectrum Plastics Group. In 2017, Nordson Corporation integrated horizontally forward across the value chain by acquiring Vention Medical AT, a U.S.-based manufacturer of minimally invasive delivery devices.

 In depth research report on Medical Tubing Market

Further key findings from the study suggest:

·       Silicone polymer segment will be the fastest-growing segment over the forecast period. Due to properties such as hydrophobicity, chemical resistance, and thermal stability, silicone polymers are increasingly used in the manufacturing of diagnostic guide wires, defibrillators, suture sleeves, over-molded surgical blade, and heart pumps

·       Bulk disposable tubing was the largest application segment in 2017 and accounted for 35.2% of the global market revenue

·       Asia Pacific is estimated to witness robust growth over the forecast period on account of increasing demand from the healthcare sector in China, India, and Japan

·       Medical device manufacturers prefer plastic materials that not only meet the quality and safety requirements but also comply with regulatory requirements. To meet the changing customer demand, manufacturers, such as Zeus Industrial Products, Inc., have developed biocompatible plastics, which also comply with the regulatory requirements

·       Some of the key companies in this market are ZARYS International Group; TE Connectivity Ltd.; Freudenberg & Co. KG; Spectrum Plastics Group; and Bentec Medical, Inc.

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

Medical Tubing Polymer Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Silicone

·       Polyolefins

·       Polyvinyl Chloride (PVC)

·       Polycarbonates

·       Fluoropolymers

·       Others

Medical TubingApplication Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Bulk Disposable Tubing

·       Drug Delivery Systems

·       Catheters

·       Biopharmaceutical Laboratory Equipment

·       Others

Browse more research reports of this category:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Polycarbonate Sheet Market Hit USD 4.91 billion by 2025: Grand View Research, Inc.

21-February-2019: The global polycarbonate sheet market size is expected to reach USD 4.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.5% over the forecast period. Multinationals are constantly improvising their product portfolio to meet the existing requirements in sectors such as building and construction, automotive, packaging, and others. This factor is projected to boost the global market growth in the forthcoming years.


Polycarbonate Sheet Market

Growing consumer awareness regarding usage of environment-friendly polycarbonate sheets and plastic waste disposal, in compliance with the governmental regulations, is fostering demand for eco-friendly products. Usage of eco-friendly products leads to lower emissions thereby ensuring minimal environment degradation. Companies such as SABIC are integrated along the value chain from raw materials to finished goods production. This enables the company to reduce raw material procurement cost and supply their goods to packaging, industrial, consumer goods, food and beverage, and laboratory among other end-use industries. Companies such as Chi Mei Corp., Idemitsu Kosan Co. Ltd., DuPont and others provide bisphenol A (BPA), an essential ingredient in the manufacturing process.

Asia Pacific emerged as the leading consumer of polycarbonate sheets in terms of revenue, followed by Europe. The rise in disposable income among consumer base is one of the key factors for the significant demand from construction as well as packaging industry. Increasing infrastructure spending owing to the foreign investments coupled with government support is further fueling the regional growth.

Packaging and construction industries are expected to fuel demand for innovative products owing to their multiple applications and favorable characteristics. These sheets have a vast scope of application in the construction industry owing to their interior as well as exterior applications in buildings and construction sector.

In depth research report on Polycarbonate Sheet Market

Further key findings from the study suggest:

·       Packaging and building and construction segments are witnessing rapid growth in emerging economies on account of rising consumer disposable income and shift in perception about housing

·       Growing consumer awareness regarding reduced plastic waste disposal has encouraged leading companies to collaborate with regional governments to achieve optimum product characteristics, simultaneously lowering the environmental degradations to create a sustainable business model

·       Covestro, SABIC, Lotte Chemicals, and Teijin Industries among others, with extensive global presence dominate the polycarbonate sheet market. Widespread distribution network along with innovative products are some of the major factors driving their success.

Grand View Research has segmented the global polycarbonate sheet market on the basis of application and region:

Polycarbonate Sheet Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Building & Construction

·       Automotive

·       Packaging

·       Defense & Aerospace

·       Agriculture

Browse more research reports of this category:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Friday, 15 February 2019

Aerospace Foam Market Hit USD 8.66 billion by 2025: Grand View Research, Inc.

15-February-2019: The global aerospace foam market size is expected to reach USD 8.66 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at CAGR of 6.1% over the forecast period. Aerospace is one of the most attractive destinations for polymer foam manufacturers. Strong demand for next-generation commercial aircraft owing to the growing passenger traffic, especially in Asia Pacific and Middle East and Africa, is expected to drive the demand for polymer foam.

Plastics, Polymers & Resins

According to the International Air Transport Association (IATA), the global passenger traffic is likely to grow at an annual compounded rate of 3.6% from 2016 to 2036 and reach 7.8 billion passengers by 2036. This is expected to result in higher production of commercial aircraft to meet the rise in passenger traffic.

Stringent regulations imposed by various government bodies to reduce CO2 emissions are driving growth of lightweight materials in aerospace applications. These regulations are forcing Original Equipment Manufacturers (OEMs) to seek alternatives to heavy metals to reduce the emissions and to increase fuel efficiency. This factor is anticipated to drive the demand for foam over the forecast period.

The aerospace and defense industry is increasingly making use of lightweight materials in an attempt to improve cost-efficiency and environmental performance of aircraft. Light-weight materials used in aircraft interiors, where fires are most likely to happen, must adhere to strict fire safety requirements certified for commercial airline structures.

For instance, the Federal Aviation Administration (FAA) has outlined safety requirements guidelines for flammability under FAR 25.856. Likewise, several aviation-based international governing authorities, such as the National Qualifications Authority (NQA), International Traffic in Arms Regulations (ITAR), and Aircraft Information Management Systems (AIMS) have framed safety requirements for airlines and aircraft structures.

Specialty high-performance materials are required to be used in the aerospace industry, where high strength and resistance is desirable. Polymethacrylimide foam, specialty high-performance material, is preferred in aviation applications on account of its rigidity, high compressive strength, and suitability to standard pre-preg production cycles.

In depth research report on Aerospace Foam Market

Further key findings from the report suggest:

·       Polyetherimide foam is estimated to be one of the fastest growing types of aerospace foam over the forecast period

·       Commercial aviation was the largest application segment in 2017 and accounted for over 46% of global market share in terms of revenue

·       Polyurethane foam is the largest polymer type segment which is forecasted to attain a market share of over 38% by 2025

·       Some of the key players operating in the aerospace foam market are Evonik Industries AG; BASF SE; SABIC; and DowDuPont Inc.

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

Aerospace Foam Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Polyurethane

·       Polyethylene

·       Melamine

·       Metal

·       Polyimide

·       PET

·       PVC

·       Specialty High Performance

·       Polymethacrylimide (PMI)

·       Polyetherimide (PEI)

·       Polyethersulfone (PES)

·       Polysulfone (PSU)

·       Polyphenylsulfone (PPSU)

·       PVDF

Aerospace Foam Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       General Aviation

·       Commercial Aviation

·       Military Aircraft

Browse more research reports of this category:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Tuesday, 12 February 2019

Industrial Water Treatment Chemicals Market Hit USD 18.3 billion by 2025: Grand View Research, Inc.

13-February-2019: The global industrial water treatment chemicals market size is expected to reach USD 18.3 billion by 2025 at a 4.2% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for water desalination systems owing to a scarcity of fresh water is a key factor driving industry growth.

In desalination plants, excess salts and other minerals are removed from water through membrane-based or thermal-based technologies, thereby rendering it fit for industrial consumption. Reverse osmosis (RO) and distillation are methods used for seawater desalination, while electrodialysis and RO are used to desalt brackish water.

Industrial Water Treatment Chemicals Market


The industrial water treatment chemical industry is anticipated to benefit from high number of regulations established by regulatory authorities across Europe and North America. As consumers are highly price-sensitive regarding installation cost of wastewater treatment plants, companies are involved in offering discounts and price reductions in a bid to attract more consumers.

Furthermore, development of advanced technology products and solutions by major companies in the market is expected to boost market growth over the forecast period. Rising investments in R&D of new products in the region is also expected to drive the market over the next few years.

Demand for water desalination in Asia Pacific, especially in countries such as India and Australia, is anticipated to witness high growth over the forecast period owing to increasing population, rising water scarcity, and reduced RO plant prices as compared to prices 10 years ago.

In India, rising groundwater contamination by industries is prompting state governments to impose restrictions on groundwater utilization. This factor, coupled with reduced prices of setting up plants, is anticipated to provide incentives for building new water desalination units over the forecast years.

Several countries in the Middle East are focusing on developing scalable infrastructure and efficient technologies to meet demand for potable water from the Gulf Sea and the Arabian Sea. Countries such as Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, and Oman use thermal-based technologies to desalinate water and manage water scarcity issues.

In depth research report on Industrial Water Treatment Chemicals Market

Further key findings from the report suggest:

·       Cooling & boilers dominated the global industrial water treatment chemicals market by application with an overall volume share of over 56.0% in 2017

·       In terms of revenue, the effluent water treatment segment is projected to ascend at a CAGR of 4.4% over the forecast period

·       The water desalination segment in North America is expected to exhibit strong growth over the forecast period on account of variable and relatively warm climatic conditions, thereby stimulating interest in desalination and boosting demand for water resources

·       The industry is characterized by strategic alliances, product developments and innovation, equity investments in several other projects, and capital expansions by players

·       Some of the key companies in the industry are Kemira Oyj; BASF SE; Suez S.A.; Ecolab Incorporated; Cortec Corporation; BWA Water Additives; The Dow Chemical Company; Solvay S.A.; Buckman Laboratories International Inc.; and AkzoNobel N.V.

Grand View Research has segmented the global industrial water treatment chemicals market on the basis of application and region:

Industrial Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Raw Water Treatment

·       Water Desalination

·       Cooling & Boilers

·       Effluent Water Treatment

·       Others

Browse more research reports of this category:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 4 February 2019

Polylactic Acid (PLA) Market Hit USD 4.25 billion by 2025: Grand View Research, Inc.

5-February-2019: The global polylactic acid (PLA) market size is expected to reach USD 4.25 billion by 2025, according to a new report by Grand View Research, Inc., registering a 20.6% CAGR during the forecast period. Wide utilization of the product in various industries including packaging, agriculture, transport, electronics, and textiles in emerging economies such as China, India, and Indonesia are is a key factor driving industry growth.


Polylactic Acid (PLA) Market

Polylactic acid is used to produce engineering plastics and microwaveable containers, including food containers and disposable cutlery. Several beneficial properties, such as better aesthetic appeal, good resistance to oil and grease, and better printability, have resulted in significant use of PLA for manufacturing food packaging products.

The transport sector is likely to witness a steady decline in prices of automotive parts on account of increasing use of PLA in car interiors such as dashboards, seats, and bumpers, as it has the ability to reduce weight and increase toughness. The overall rising production of bioplastics and their increasing penetration in various applications in order to reduce greenhouse gases and decrease the dependence on petroleum sources is projected to have a positive impact on the polylactic acid market.

PLA packaging provides an environment-friendly solution and helps in enhancing the appearance of the final product. It has become an essential part of green packaging of various food products, which will help in improving its growth prospects over the forecast period. Growing usage of bioplastics in flexible packaging is expected to fuel industry expansion.

In depth research report on Polylactic Acid (PLA) Market

Further key findings from the report suggest:

·       The packaging application dominated the overall polylactic acid (PLA) market with a volume-based industry share of 35.71% in 2017; by revenue, the segment is anticipated to account for a share of over 35.0% the same year

·       PLA has a high bio-based content and is biodegradable or compostable in nature. Emerging bioplastic applications, coupled with favorable regulations toward the use of bio-based materials, are expected to give an impetus to the global PLA market over the forecast period

·       The North America PLA market is expected to be driven by growing demand for bioplastics and addition of new manufacturing facilities. Additionally, the regional market is characterized by high demand for sustainability, which has resulted in a quest for sustainability in packaging as well

·       The overall bioplastics demand in North America is also expected to be spurred by initiatives for promoting environment-friendly products by the U.S. Department of Agriculture

·       The global industry is characterized by accreditation of the product, mergers and acquisitions, distribution and branding, and product development and innovation to improve the market share of manufacturers

·       Some of the key companies present in the industry are BASF SE, Danimer Scientific, Futerro, NatureWorks LLC, Synbra Technology BV, Hitachi Ltd., Sulzer Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Thyssenkrupp AG, and Teijin Ltd.

Grand View Research has segmented the global polylactic acid (PLA) market on the basis of product and region:

Polylactic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Packaging

·       Agriculture

·       Transport

·       Electronics

·       Textiles

·       Others

Browse more research reports of this category:

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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Tuesday, 15 January 2019

High Demand for Clean Drinking Water Technology can Surge UV Disinfection Equipment Market Growth over Next Few Years

16-January-2019: According to a report by Grand View Research, Inc., global ultraviolet (UV) disinfection equipment market is anticipated to value USD 6.42 billion by 2022. Growing requirement for clean and safe drinking water attributed to rising pollution and reducing freshwater resources is anticipated to propel demand for UV disinfection equipment. These equipment are likely to offer low environmental impacts and easy installation as compared to conventional chemical disinfection methods. Commercially these equipment are expected to be available in various specifications such as capacities and sizes depending upon their application.

Ultraviolet (UV) Disinfection Equipment Market


High demand for clean drinking water among consumers attributed to growing health concerns and awareness regarding benefits of technology can surge market growth over next few years.

Rising investments by governments across the globe to promote advanced water treatment technologies can fuel growth of market. Continual technological advancements in UV disinfection equipment by manufacturing companies in terms of design, efficiency, and installation can influence growth of market. Stringent government regulations imposed on wastewater recycling from industrial, commercial, and residential buildings can foster market growth over the forecast period (2012 to 2022).

Presence of low-cost alternative disinfection methods including ultrasonic treatment, chemical disinfection, and ozonation can hamper growth of market. However, growing adoption of UV disinfection equipment owing to its useful characteristics such as corrosion resistance, low environmental impact, and high efficiency can create lucrative opportunities of growth of market. 
 
The ultraviolet (UV) disinfection equipment market can be segregated on the basis of application and region. Based on application, the market can be categorized into air treatment, wastewater treatment, water treatment, process water treatment, and surface disinfection. In 2016, water treatment segment dominated the market and accounted for largest market share. In addition, wastewater treatment segment accounted for market share equivalent to USD 442.2 million. Rapid growth of textile, chemical, and oil & gas sectors in emerging economies is expected to generate large quantities of wastewater. Rising investments in wastewater treatment by public and private bodies globally can drive growth of market.

Similarly, air treatment segment is likely to contribute well to market share over the forecast period attributed to growing concerns regarding health and safety among consumers. In addition, growing number of R&D activities to control airborne diseases such as Ebola and swine flu can create new opportunities for product over next few years.

Regional segmentation includes Europe, North America, Asia Pacific, and rest of the world. In 2016, North America dominated the market and accounted for 40.5% of global market share. Increasing use of technology in water & wastewater treatment and food & beverage sectors can fuel growth of market in the region. Environmental protection agency (EPA) in United States (U.S.) is predicted to favor use of these equipment. This in turn, can spur growth of market in the region over next few years. In addition, favorable government policies for water and wastewater treatment can boost market growth. Moreover, high prevalence of major manufacturing companies in the region including Aquionics Inc.; Xylem Inc., Atlantic Ultraviolet Corporation; and Calgon Carbon Corporation can fuel growth of market in this region.

Similarly in Asia Pacific, the market is expected to witness fast growth at CAGR of 25.3% over the forecast period. Rapid population growth in India and China with declining fresh water resources attributed to unusual rainfalls is expected to account for shortage of water in the region. This, in turn, can surge demand for using UV disinfection equipment in water and wastewater treatment. In addition, growing industrialization in these countries are expected to result in air and water pollution, which can adversely affect rainfalls and purity of natural water resources. High demand for hygienic drinkable water among consumers can influence growth of market over next few years.

Some of the leading companies offering ultraviolet (UV) disinfection equipment are Trojan Technologies; Severn Trent Services; Xylem Inc.; Atlantic Ultraviolet Corporation; and Calgon Carbon Corporation. Most companies are expected to adopt business strategies such as development of advanced equipment and mergers & acquisitions to expand their product portfolio and gain traction among consumers.

In-Depth Research Report On Ultraviolet (UV) Disinfection Equipment Market:
https://www.grandviewresearch.com/industry-analysis/ultraviolet-uv-disinfection-equipment-market