Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market worth USD 5.5 Bn by 2030 at a CAGR of 4.3%

The global Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market was valued at US$ 3.8 Bn in 2021 and is expected to reach US$ 5.5 Bn by 2030, finds Future Market Insights (FMI) in a recent market survey.

Sepsis, toxic shock syndrome, bacteremia, osteomyelitis, endocarditis, meningitis, pneumonia are amongst the life-threatening diseases caused by Staphylococcus Aureus bacteria. These diseases are cured by antibiotics.

Some form of staphylococcus aureus that has developed resistance to a broad range of antibiotics fall in the category of “Methicillin-Resistant Staphylococcus Aureus (MRSA)”. This resistance is one of the key factors driving the market in the near future as well as extensive research ought to be on the anvil to devise new medications.

According to FMI’s latest study, the rising incidences of MRSA all over the world are likely to create demand for safe and efficient drugs during the forecast period.

Covid-19 Pandemic: A Short-term Upholsterer

Outbreak of novel corona virus has resulted in short-term considerable increase in the number of MRSA infections. This number is expected to boost the market demand for MRSA antibiotics during the ongoing Covid-19 crisis. As per the latest data, around 2.5 million people have been infected by Covid-19 so far.

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Key Takeaways of MRSA Treatment Market Study 

  • In terms of drug class, glycopeptides (vancomycin) and oxazolidinones (linezolid) are collectively expected to account for over 75% of revenue share in the MRSA treatment market owing to preference of both antibiotic classes as a first-line treatment against MRSA infections and used in more than 80% of MRSA cases treatment.
  • By route of administration, intravenous (IV) route of administration remains the recommended option. Drugs that can be administered through IV are likely to gain more than one-half of market share in the MRSA treatment market during the forecast period.
  • By indication, skin and soft tissue infections (SSTIs) are leading the market and expected to gain more than 40% of revenue share followed by the pneumonia over the forecast period.
  • Incidence of healthcare acquired MRSA is higher than community acquired MRSA, and FMI opines status-quo to remain unchanged during the assessment period
  • North America is the highest revenue generating market by region due to high incidence of MRSA infections
  • Asia Pacific is expected to witness high demand for MRSA testing systems due to high incidences of MRSA infection herein. For example – Journal of Family Medicine and Primary Care, in 2021, stated that occurrence of MRSA among kids aged 5 to 15 is between 16 and 52%. India alone accounts for 4-19% of these infections.

Government and Pharma Industry Focus on Working in Unison to Develop Advanced Treate  

As per University of Melbourne’s researchers, “Teixobactin” responds positively against MRSA. These results are likely to pave the way for development of antibacterial drugs to treat multi-drug resistant Gram-positive infections with thick cell wall. This will open wider doors for MRSA treatment market all over Australia and the other countries in Asia-Pacific. Teixobactin is already known for destroying Mycobacterium tuberculosis.

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Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market By Category

By Drug Class :

By Indication :

  • Skin and Soft Tissue Infections (SSTIs)
  • Pneumonia
  • Bloodstream Infections
  • Surgical and Medical Infections
  • Others

By Route of Administration :

  • Intravenous
  • Oral
  • Topical
  • Nasal
  • Cutaneous
  • Intramuscular

By Type of MSRA :

  • Healthcare Acquired MRSA
  • Community Acquired MRSA
  • Hospital Acquired MRSA

By Distribution Channel :

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

By Region :

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Home Healthcare Market Is Expected to reach USD 4 Bn by 2030

Home Health Care Market Projected to reach global market revenues of over US$ 4 Bn by the end of 2030. There are a number of reasons why the global home healthcare market is predicted to multiply in the years to come. These are: the increase in geriatric population that find it difficult to visit hospitals as well as other diagnostic centres repeatedly, the efforts undertaken by the government for promoting home healthcare, chronic illnesses, the increasing healthcare expenditure, the growing need for reasonably priced treatments, and the technological improvements in the field of pharmaceuticals as well as medical science.

However, factors like stern reimbursement policies, the safety issues of patients, as well as the low insurance coverage are acting as hurdles for the growth of home healthcare market.

The players operating in the global home healthcare market are predicted to get new income sources because of the drifting trend towards telehealth and wide unfulfilled demand from the emerging economies but only if they can meet the needs of skilled home care employees.

It is predicted that the global home healthcare market will have a significant success in the time to come. With the help of home health care, the patients receive a lot of treatments right from their homes and the home healthcare market is seen to be growing in popularity in cases where the patient does not need any major treatments, and it is also cheaper in comparison to the treatments in hospitals.

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Global Home Health Care Market: Trends and Opportunities

In today’s generation where most of the services can be availed from any place, it is only the healthcare services that still require to be held in a particular and professionally controlled environment. But with the change in the attitude of consumers now require quality services right from their houses is making it necessary to decentralize health care services and provide the patients with what they prefer.

The factors that are boosting the global home healthcare market are the growth in the number of old people, the growing number of reoccurring illnesses, the favourable steps that the government has undertaken as well as the increasing need for cheap healthcare services. The primary drivers of the global home healthcare market are the growing demand for testing, monitoring, mobility care products, therapeutic products, as well as screening products, and among all these it is the need for products that are taken into use for testing for diagnosis of illnesses that are on the higher side.

Regions covered – North America (US & Canada), Europe (UK, Germany, France, Spain, Italy, Russia, BENELUX and Rest of Europe), Latin America (Brazil, Mexico, and  Rest of LA), East Asia (China, Japan and South Korea) South Asia (India, Indonesia, Malaysia, Thailand and Rest of South Asia), Oceania (Australia  and New Zealand) and MEA (GCC, South Africa, Turkey, Northern Africa and Rest of MEA)

The major players in the market include:

  • Coloplast A/S
  • Braun Melsungen AG
  • Baxter International Inc
  • Hollister Incorporated
  • Becton Dickinson and Co
  • ConvaTec Group Plc
  • Medtronic plc..

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Market segmentation

  • Product:
  • Infusion Systems
    • Ambulatory Infusion Pumps
      • Disposable Ambulatory Infusion Pumps
      • Reusable Ambulatory Infusion Pumps
    • Implantable Infusion Pumps
    • Infusion Disposable Sets
    • Syringe Pumps
      • PCA Syringe Pumps
      • Standard Syringe Pumps
    • Volumetric Pumps
  • Pressure Relief Devices
    • Mattress Overlays
      • Dynamic Mattress Overlays
      • Static Mattress Overlays
    • Mattresses
      • Dynamic Mattresses
      • Static Mattresses
    • Specialty Beds
  • Hydrocolloids Dressings
    • Antimicrobial Hydrocolloid Dressings
    • Non Antimicrobial Hydrocolloid Dressing
  • Hydrofibres Dressings
    • Antimicrobial Hydrofibre Dressings
    • Non Antimicrobial Hydrofibre Dressings
  • Hydrogels Dressings
    • Antimicrobial Hydrogel Dressings
    • Non Antimicrobial Hydrogel Dressings
  • Semi-Permeable Films Dressings
    • Antimicrobial Film Dressings
    • Non Antimicrobial Film Dressings
  • Superabsorbents Dressings
    • Antimicrobial Superabsorbents
    • Non Antimicrobial Superabsorbents
  • Wound Contact Layers
    • Antimicrobial Wound Contact Layers
    • Non Antimicrobial Wound Contact Layers
  • Gauze Sponges
    • Non-Woven Gauze Sponges
    • Woven Gauze Sponges
  • Gauzes
    • Non-Woven Gauzes
    • Woven Gauzes
  • Sponges
    • Non-Woven Sponges
    • Woven Sponges
  • Ostomy Drainage Bags
    • Colostomy Drainage Bags
      • One – Piece Colostomy Drainage Bags
      • Two – Piece Colostomy Drainage Bags
    • Ileostomy Drainage Bags
      • One – Piece Ileostomy Drainage Bags
      • Two – Piece Ileostomy Drainage Bags
    • Urostomy Drainage Bags
      • One – Piece Urostomy Drainage Bags
      • Two – Piece Urostomy Drainage Bags

Application:

  • Total Parenteral Nutrition (TPN)
  • IV Medication
  • Pressure Ulcers
  • Stoma Care

Region:

  • North America Home Healthcare Market
  • Latin America Home Healthcare Market
  • Europe Home Healthcare Market
  • East Asia Home Healthcare Market
  • South Asia & Pacific Home Healthcare Market
  • Middle East & Africa (MEA) Home Healthcare Market

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Eye Infections Treatment Market Worth USD 9.9 Bn by 2030 | Future Market Insights

Increasing prevalence of eye infections due to ocular surgical procedures is primarily shaping eye infection treatment market. A recent Future Market Insights (FMI) report forecasts that even though the eye infection treatment market would continue to experience a downtrend throughout 2022 due to COVId-19 pandemic, revenues would reach US$ 10 Bn by the end of 2030. Post-operative ocular infections remain among the most common eye infection types, says the FMI study.

Rising Caseloads

Caseloads of ocular surgical conditions such as cataracts, glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy are growing due to sedentary lifestyle habits, and expanding geriatric cohort. According to the US statistics 2021, cataracts affect over 24 million Americans aging at least 40 years.

By age 75, about half of the Americans suffer from cataract. Further, diabetic retinopathy affects nearly 7.7 million Americans aging at least 40 years. In similar fashion, there were 48,229 corneal transplants performed in the US in 2015.

Demand for eye infection treatment will continue to receive a strong impetus from increasing awareness about different eye infection types and availability of treatment, further complemented by technological advancements on ophthalmology.

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Key Takeaways of Eye Infection Treatment Market Study

  • Antibiotics would contribute over 55% revenue share in the eye infection treatment market owing to their use in treating primary eye infections and post-surgical eye infections.
  • Eye drop sales capture over 60% market share in the eye infection treatment market.
  • Conjunctivitis would account for a third of eye infection treatment demand through 2030.
  • Bacterial infections continue to account for over 3/5th market share.
  • Hospitals and retail pharmacies collectively generate over 70% total returns to shareholders.
  • Increasing rate of eye surgeries and rising usage of contact lenses continue to push North American market. European market would be upheld by the expanding geriatric pool.

Demand for Eye Infection Drugs to Slump Amidst COVID-19 Pandemic

The coronavirus (COVID-19) pandemic has resulted in widened gap between supply and demand of eye infection treatments. As such, it has significantly reduced ocular surgery rate for short-term basis and, in turn, post-operative eye infections.

According to World Health Organization (WHO), national healthcare resources redirection and utilization to contain COVID-19 pandemic is expected to delay and reschedule the treatment of non-critical healthcare conditions for brief period, including eye care services, and ocular surgeries.

Development and Licensing Deals with Multiple Commercialization Partners

Technology developers are laying greater emphasis on developing of novel ophthalmic formulation technologies and engaging with commercialization partners with licensing-out proprietary ophthalmic technologies.

For instance, Nicox S.A. has licensed out ZERVIATE (cetirizine ophthalmic solution) 0.24% to Eyevance Pharmaceuticals LLC for commercialization of ZERVIATE in the US. ZERVIATE is the first topical ocular formulation of antihistamine cetirizine approved for treatment of ocular itching associated with allergic conjunctivitis. In addition, Ocumension Therapeutics is responsible for all development and commercialization activities in Chinese market for ZERVIATE.

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Key Segments:

By Drug Class :

  • Antibiotics
    • Sulfonamides
    • Macrolides
    • Erythromycin
    • Chloramphenicol
    • Aminoglycosides
    • Fluoroquinolones
    • Vancomycin
    • Tetracyclines
  • Antivirals
    • Thymidine-Based Nucleoside Analogues (Trifluridine)
    • Thymidine Phosphorylase Inhibitors (Trifluridine)
    • Acyclic Nucleoside Analogue of 2’Deoxyguanasine (Ganciclovir)
    • Acyclic Guanine Nucleoside Analog (Acyclovir)
    • Others
  • Antifungals
    • Polyenes (Amphotericin B (AMB) And Natamycin (NTM))
    • Azoles (Miconazole (MCZ), Econazole (ECZ) And Ketoconazole (KCZ))
    • Pyrimidines
    • Echinocandins (Caspofungin (CFG) and Micafungin (MFG))
    • Others
  • Antihistamines
  • Corticosteroids
  • Glucocorticoids

By Dosage Form :

  • Eye Infections Treatment Tablets
  • Eye Infections Treatment Capsules
  • Eye Infections Treatment Ophthalmic Ointments
  • Eye Infections Treatment Eye Drops
  • Others

By Indication :

  • Eye Infections Treatment for Conjunctivitis
  • Eye Infections Treatment for Keratitis
  • Eye Infections Treatment for Endophthalmitis
  • Eye Infections Treatment for Blepharitis
  • Eye Infections Treatment for Stye or Sty (Hordeolum)
  • Eye Infections Treatment for Uveitis
  • Eye Infections Treatment for Cellulitis
  • Eye Infections Treatment for Ocular Herpes

By Causative Agent :

  • Virus
  • Bacteria
  • Fungus
  • Allergens

By Distribution Channels :

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Drug Stores

By Region :

  • North America Eye Infections Treatment Market
  • Latin America Eye Infections Treatment Market
  • Europe Eye Infections Treatment Market
  • East Asia Eye Infections Treatment Market
  • South Asia & Pacific Eye Infections Treatment Market
  • Middle East & Africa (MEA) Eye Infections Treatment Market

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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Ibuprofen API Market to Hit USD 772.2 Mn by 2029 | Future Market Insights

The global Ibuprofen API Market surpassed US$ 626.2 Mn in 2022 and is anticipated to increase at a CAGR of 3% to reach US$ 772.2 Mn by 2029. as per the findings of a new Future Market Insights (FMI) study. The primary factors for the growth of the Ibuprofen API market include continuous demand for low-cost non-steroidal anti-inflammatory drugs (NSAID) and the scale and age of manufacturing facilities.

Increasing API drug shortages and assembling a task force to overcome these problems, the emergence of cost-effective drug manufacturers in various countries and the supply of API drugs, primarily in developing countries, are further driving ibuprofen API market growth.

The pharmaceutical API industry is witnessing a substantial crunch in supply and demand of Ibuprofen API, halted production from major ibuprofen API manufacturers, and supply chain disruption in China further led by declining sales in India.

The volatility in Ibuprofen API is due to factors such as a lower number of competitors, reduced utilization ratio, lower margin level, new higher-value opportunities in complex combinations and high-grade API, the pace of facility inspection by FDA, and ramping up production capacity of through mergers and consolidation.

The diverse range of diseases, primarily cardiovascular disease, infectious diseases, diabetes, and kidney-related complications, has a high prevalence, globally. Thus, the increasing prevalence of a diverse range of diseases among all age groups and its burden, globally, drives the demand for drug development and its market.

There has been an upsurge in the usage of advanced technologies, such as high throughput, bioinformatics and combinatorial chemistry for better drug candidate identification. Drug discovery has evolved significantly with emerging technologies, helping the process to become more refined, accurate, and less time-consuming. Due to automation, multi-detector readers, imaging hardware and software, high-throughput screening is one of the most widely used drug discovery technologies.

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Leading Companies Profiled in Ibuprofen API Market are

  • BASF SE
  • BIOCAUSE Inc.
  • IOL Chemicals and Pharmaceuticals Limited
  • SI Group, Inc.
  • Sino-US Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd.
  • Solara Active Pharma Sciences Limited
  • Granules India Limited

FMI Analyses the COVID-19 Impact on Market

FMI’s analysis suggests that the ongoing COVID-19 pandemic is having adverse impacts on market growth. Wuhan, China is the hub of API supplies. The region is the epicentre of the coronavirus outbreak, as such, it has temporarily halted its manufacturing facilities.

Further, China is the prominent or the sole supplier of APIs including, penicillin and erythromycin, in the world. Manufacturers and distributors in the country are blaming logistical barriers and labour scarcity due to the COVID-19 pandemic for the delay in production and transportation.

Key Takeaways of Ibuprofen API Market Study

  • Greater focus on relieving the pressure on the supply chain due to the demand gap is being tackled by ramping up production capacity, up-scaling is the fundamental strategy outlined for meeting demand in the Ibuprofen API space.
  • Majority of the anti-inflammatory drugs are manufactured in Asia, especially in China and India. Approximately 80% of the total anti-inflammatory APIs are manufactured in India and China and most of the APIs manufactured in these countries are outsourced to other developed regions – North America and Europe.
  • High upfront cost and lower margin level in Ibuprofen API have resulted in a 20-30% price spike in final drug formulations and lower sales in the previous year.
  • The market for Ibuprofen API is consolidated in nature, with leading manufacturers holding around 90% of the market value as 90%. Hence, the growing interest of CMOs and large-scale API manufacturers is anticipated to boost the value creation of the ibuprofen API market.
  • Higher volume handling by Contract Manufacturing Organizations in comparison to pharmaceutical companies and amid higher production capabilities and price advantage over pharmaceutical companies are expected to generate significant revenue pockets.
  • Expanding patient pool consuming non-controlled drugs as OTC are also responsible for the growth of in-house ibuprofen API consumption in South and East Asia.

Lower labour cost and abundant availability of raw materials required for ibuprofen API are among the key factors fuelling the growth of the ibuprofen API market in South Asia. In addition, favourable regulatory support to establish ibuprofen API manufacturing businesses, and lower taxation policies are boosting the growth of the East and South Asia ibuprofen API market.

Capacity Expansion, and Strategic Mergers & Acquisitions to Widen Regional Presence

Leading players in the ibuprofen API market – SI Group, Inc., BASF SE, Hubei Biocause Pharmaceutical Co., Ltd. (BIOCAUSE Inc.), IOL Chemicals, Sino-US Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd., and Solara Active Pharma Sciences Limited – are focusing on business expansions by mergers, joint ventures, distribution agreements and capturing the untapped potential of the Ibuprofen API market.

  • In 2018, IOL Chemicals, the largest Indian Ibuprofen API manufacturer, expanded its production capacity to 12000 MT from the previous capacity of 7500 MT. With the increased capacity, IOL Chemicals is filling the demand-supply gap that is rising due to stringent regulatory reform in China. This move can further benefit the Indian manufacturers looking to strengthen their foothold in the Ibuprofen API market.
  • The acquisition by Solara Active Pharma Sciences Limited in 2018 of the Ibuprofen API assets of Strides and Sequent enabled the company to capture the portfolio of niche segments of the Ibuprofen API market.
  • The joint venture between Granules India Ltd (GIL) and Hubei Biocause Heilen Pharmaceutical Co. Ltd. have a production facility in Jingmen, China. In a recent discussion, Granules India Ltd (GIL) is planning to part out of the joint venture.

Additionally, current acquisitions are focused on capacity expansion, and manufacturing capabilities of existing Ibuprofen API players to gain competitiveness and accelerate revenue growth in the market landscape.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Trends

1.3. Technology Roadmap

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

3.3. Strategic Promotional Strategies, By Key Manufacturers

  1. Market Context

4.1. Product USPs/ Features

4.2. Region wise Consumption

4.3. Regulatory Scenario

  1. Global Ibuprofen API Market Volume (TPA) Analysis 2014-2021 and Forecast, 2022-2029

5.1. Historical Market Volume (TPA) Analysis, 2014-2021

5.2. Current and Future Market Volume (TPA) Projections, 2022-2029

5.2.1. Y-o-Y Growth Trend Analysis

5.2.2. Opportunity Analysis, 2022-2029

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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U.S. Industrial PC Market Is Poised To Exhibit Robust Growth During Forecast Period 2022-2032

The global demand for industrial PCs is projected to rise at a robust CAGR of 6% during the forecast period from 2022 to 2032, totaling over US$ 9.4 Bn by 2032. Growth in the industrial PC market is driven by increasing penetration of digitalization, rise of industry 4.0, rapid adoption of automation and IoT across manufacturing industries, growing need for improving the overall productivity, rising awareness about resource optimization in manufacturing firms. and technological advancements in industrial PCs.

Rising Automation and Other Advanced Technologies, such as IoT, are Making Room for Industrial PC Market Growth in the U.S. With rising adoption of advanced technologies such as the internet of things (IoT) and augmented reality (AR), a thriving manufacturing sector, and the availability of advanced products, the US industrial PC market is expected to grow rapidly during the forecast period.

Similarly, rising government initiatives to encourage automation adoption and a thriving workstation market will propel the country’s industrial PC market size in the coming years.

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According to FMI, China’s industrial PC market is anticipated to expand at the highest CAGR during the forecast period due to the country’s rapid adoption of automation in the manufacturing sector, favourable government policies, rising demand for cutting-edge products like the Advantech industrial PC, and a sizable industry-leading manufacturer base.

Industrial PC manufacturers are aggressively leveraging the Industrial Internet of Things (IIoT) across multiple industries to maximise resources and prices, thereby opening up numerous industrial PC market opportunities. By utilising industrial PCs for data collection and management across a vast network of intelligent devices, they are able to automate manufacturing operations and generate a large volume of manufacturing data.

IPCs are primarily used in electronics and semiconductors, aerospace and military, and automotive manufacturing as more emphasis is placed on automation and IoT. Overall, the industrial PC market is expected to be worth US$ 6 billion by 2026.

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Key Takeaways

  • The manufacturing operations of many industries, including semiconductor, consumer electronics, and automotive, are predicted to grow dramatically in the APAC area.
  • In the year 2021, the industrial PC market size in the United States was worth US$ 1.1 billion.
  • China, the world’s second-largest economy, is expected to reach a market capitalization of US$ 901.7 million by 2026, representing a 6.5 per cent CAGR over the study period as per the emerging trends in the industrial PC market.
  • Japan and Canada are two other critical geographic markets, with forecasted growth rates of 3.5 per cent and 3.9 per cent, respectively, over the analysis period.
  • Over the projection period, the Semiconductor & Electronics segment is expected to increase at a rapid pace.

“Manufacturing companies witness a high demand for industrial IoT as the manufacturing sector steadily moves toward digitalization with increased awareness of resource optimization in manufacturing firms, and robust regulatory necessities to safeguard protection and reliability in production plants are all driving market growth.”—opines a FMI analyst.

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Key Segments

By Type:

  • Panel IPC
  • Rack Mount IPC
  • Box IPC
  • Embedded IPC
  • DIN Rail IPC

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By End-use Industry:

  • Process Industries
  • Discrete Industries

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Concrete Placing Booms Market overview Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

The market report envelopes an all-in information of the global Concrete Placing Booms market overview and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Concrete Placing Booms market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Concrete Placing Booms market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Concrete Placing Booms market.

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Key segments covered in the global Concrete Placing Booms market report by length type include

  • Less Than 30 Meter Class Concrete Placing Booms
  • 30 To 40 Meter Class Concrete Placing Booms
  • 41 to 50 Meters Class Concrete Placing Booms
  • More than 50 Meters Class Concrete Placing Booms

The Concrete Placing Booms market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

By end-use, the global Concrete Placing Booms market consists of the following:

  • Mining
  • Energy and Power
  • Tunnelling
  • Construction

The Concrete Placing Booms market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Concrete Placing Booms market.

Prominent players covered in the global Concrete Placing Booms market contain

  • Putzmeister America, Inc.
  • SANY GROUP
  • ALTERMEKA Mühendislik ve Tic.Ltd
  • Everdigm
  • Camelway Machinery Equipment Co.,ltd.
  • Hangzhou Truemax Machinery & Equipment Co.,Ltd.
  • Dawin Machinery
  • Zoomlion
  • Liebherr
  • XCMG

All the players running in the global Concrete Placing Booms market are elaborated thoroughly in the Concrete Placing Booms market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Concrete Placing Booms market players.

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The Concrete Placing Booms market analyses the following important regions:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Concrete Placing Booms market report answers the following queries:

  1. Why consumers are highly inclined towards the consumption of segment in the Concrete Placing Booms market?
  2. What are the opportunities available for players operating in the global Concrete Placing Booms market?
  3. Which trends have the maximum impact on the growth of the global Concrete Placing Booms market?
  4. Why region leads the global Concrete Placing Booms market?
  5. What are the drivers and restraints affecting the market size of the global Concrete Placing Booms market?

What the report encloses for the readers:

  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player – positives & negatives, current status, future developments – of the global Concrete Placing Booms market.
  • Detailed information regarding the trends influencing the growth of the global Concrete Placing Booms market.
  • In-depth assessment on the utilization of Concrete Placing Booms in each end use industry.
  • Historical data and future growth outlook of the global Concrete Placing Booms market.

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About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Electrical Digital Twin Market to Display Impressive Growth of 12% with Rising Demand | Exclusive Report by FMI

As per a new market research report on the electrical digital twin market published by Future Market Insights, the sales of electrical digital twin will advance at a CAGR of 12 % from US$ 0.9 billion in 2021 to US$ 3.13 billion in 2032.

Demand for electrical digital twin is being driven by the increased acceptance of innovative technologies such as IoT and cloud for digital twin applications, as well as attractive digital twin prospects in industries such as aerospace and defence, healthcare, automotive, and transportation.

This factor is motivating many businesses to adopt digital twin software, and it is expected to propel the industry forward in the coming years.

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The digital twin is used in a variety of industries, such as automotive, construction, and manufacturing. Furthermore, firms in these industry verticals are constantly leveraging digital twin systems and technologies to evaluate the performance of physical assets and identify where changes and enhancements are required to achieve positive outcomes.

Digital twin technologies are being increasingly adopted in various industries, including automotive, manufacturing, energy & utilities, and others, and this is expected to fuel market expansion in the coming years. In addition, the growing adoption of electrical digital twin technology by researchers and medical practitioners to create novel platforms that can enhance care delivery through better patient monitoring is projected to boost the market growth in the following years during the coronavirus crisis era.

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Adoption of electrical digital twin necessitates significant investments, collaboration, and long-term willingness on the operator’s part. To maintain a digital twin, operators must develop the necessary technology infrastructure, such as robust IoT deployments and simulation platforms, and integrate data sources from various departments and IoT contextual systems. The extensive use of components of electrical digital twin by diverse stakeholders in the power sector is hampered by these considerations.

Due to a shortage of experienced workers, significant initial investments are necessary for installation and significant maintenance costs, and this factor is restricting the market’s growth in the predicted years.

Key Takeaways

  • The increase in spending for the implementation of advanced digital technology to modernize old power generating and distribution infrastructure is propelling the development of the North American electrical digital twin market share.
  • The system digital twin type sub-segment accounted for the bulk of the worldwide customer base of all thecomponents of digital twin and is expected to maintain its dominance during the forecast period. This dominance is mainly due to the widespread use of system digital twin by various industries, including automotive, manufacturing, oil & gas, energy & utilities, and other verticals, to uncover new revenue-generating potential by lowering costs and improving customer service.
  • Owing to cloud-based solutions offer numerous benefits, such as scalability, flexibility, cost-effectiveness, and low energy consumption, their adoption rate is growing at a remarkable pace across organizations. The cloud sector of the electrical digital twin market size is anticipated to advance at a healthy CAGR during the forecast period.
  • The primary electrical digital twin categories in the industry are digital gas and steam power plants, digital grid, wind farm, hydropower plants, and distributed energy resources.

“Increasing R&D efforts and technical advances are two significant market trends driving the expansion of the electrical digital twin business.”

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Competitive Landscape

As per the global market study on the electrical digital twin market, the increase in investments for the implementation of advanced digital technology to modernize old power generating and distribution facilities is propelling the development of the North American market. In addition, improved R&D in the fields of cloud, big data analytics, IoT, and IIoT and rising demand for optimal and cost-effective innovations to enhance asset performance and optimize corporate operations are all contributing to regional market expansion.

Electrical Digital Twin Market Key Segments

By Twin Type:

  • Digital Gas & Steam Power Plant
  • Digital Wind Farm
  • Digital Grid
  • Digital Hydropower Plant
  • Distribution Energy Resources

By Usage Type:

  • Production Digital Twin
  • Process Digital Twin
  • System Digital Twin

By Deployment Type:

  • Cloud
  • On-premises

By End User:

  • Utilities
  • Grid Infrastructure Operators

By Application:

  • Asset Performance Management
  • Business & Operations Optimization

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Europe Trolley Bus Market Latest Advancements and Business Opportunities 2029 – FMI

A new market research report by Future Market Insights on the Trolley Bus market includes a European industry analysis 2017–2021 and opportunity assessment 2022–2029. The report investigates the Europe trolley bus market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the Europe trolley bus market is projected to experience moderate growth over the forecast period, on grounds of rising adoption of electric buses, and buses driven by alternative fuels, including hydrogen fuel batteries.

The Europe Trolley Bus market is anticipated to be valued at ~US$ 743.9 Mn in 2022, increasing at a CAGR of ~2.9% during the forecast period of 2022-2029. The growth is prominently driven by the escalating demand for vehicles emitting minimal greenhouse gases, realizing mounting environmental concerns.

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The ongoing ‘zero-emission’ movement across the European countries has compelled manufacturers to redefine their innovation and development strategies. As identified by the FMI analysis, stakeholders in the Europe trolley bus market are constantly leveraging cutting-edge technologies, in an attempt to offer environmentally as well as operationally efficient trolley buses.

Italy is Set to Exhibit Significant Market Opportunity Over the Stipulated Time Period

Italy accounts for a noteworthy share in the European trolley bus market, owing to the presence of reliable infrastructure for electric buses. Furthermore, leading manufacturers such as Van Hool, are entering into agreements with local transport ministry to launch trolley buses for local commute transportation. France and Greece are expected to lead Italy, in the view of supportive government policies, which are projected to flourish the sales for trolley buses over the coming years.

Manufacturers Inclined Towards the Production of Dual Fuel Trolley Bus

The European market of trolley buses has been studied based on various types considering the countries, including Russia, Germany, U.K., Italy, Spain, France, Greece, Nordic, BENELUX, Ukraine, Romania, and Rest of Europe.

  • In the bus segment, the market is categorized into 12 meters and 18 meters. The passenger capacity of a 12-meter bus is up to 120 passengers. Whereas, the passenger capacity of an 18-meter bus is more than 120 passengers at one time. Majority of the articulated trolley buses lie in the 18-meter segment. This segment is also estimated to account for a lion’s share of the market pie over the forecast period.
  • By technology, the Europe trolley bus market is classified into two types – pure electric and dual powered (Electric + Battery). Dual powered segment is expected to hold prominent share as compared to pure electric segment. Most of the key players are focused on making dual powered type trolley buses following continuous operation for a limited time without the use of overhead electric power. Dual fuel buses are considered best when it comes overcome route blockages and lane changing.
  • By application, the Europe trolley bus market is divided into local commuter transportation, amusement parks, and auxiliary purpose. Most of the trolley buses are relying on local passenger transportation. However, auxiliary purpose segment is anticipated to account for nearly 9% share in the segment on the account of the usage of these trolley buses for specific applications such as transportation of business class people, among others.

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Trolley Bus Market By Category

By Bus:

  • 12 M
  • 18 M

By Application:

  • Local Commute Transportation
  • Amusement Parks
  • Auxiliary Purpose

By Technology:

  • Pure Electric
  • Dual Powered (Electric + Battery)

Country:

  • Russia
  • Germany
  • U.K.
  • Italy
  • Spain
  • France
  • Greece
  • Nordic
  • BENELUX
  • Ukraine
  • Romania
  • Rest of Europe

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Europe Trolley Bus Market: Vendor Insights

The report highlights some of the market players in the CAF, Construcciones y Auxiliar de Ferrocarriles, S.A., OJSC “Holding Managing Company “Belkommunmash”, ŠKODA Transportation a.s., Kiepe Electric GmbH, Carrosserie Hess AG, Bohdan Motors JSC, Astra Bus SRL, Iveco S.p.A, Vanhool NV, and Scania AB.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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Valve Seat Inserts Market – Future Scenario, Key Insights, Top Companies 2029 – FMI

A new market research report by Future Market Insights on the valve seat inserts market includes global industry analysis 2017–2021 and opportunity assessment 2022–2029. The report investigates into the valve seat inserts market and provides critical insights for the forecast period of 2022-2029. As per the market assessment, the valve seat inserts market is likely to grow at a considerable growth of 4.0% against the backdrop of ongoing increase in vehicle parc and anticipated growth in automobile production.

The global valve seat inserts market is estimate to be valued at ~US$ 5,881.9 Mn in 2022, mainly influenced by the trade tensions, political environment, and government policies to boost the automobile sector. Moreover, the growth outlook for the valve seats inserts aftermarket is stable, although the market structure pertaining valve seat inserts will change significantly over the coming years. Moreover, to win over the market imponderables and shakeouts, the manufacturers such as Federal-Mogul, Mahle, and Nippon Piston Ring are heavily investing on capacity expansions, R&D for the development of new materials, and new distribution channels.

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As per the analysis, manufacturers are likely to focus on developing valve seat inserts using new technologies such as powder metallurgy to overcome the challenges put forward by conventional manufacturing techniques. The growth of maritime tourism coupled with increase in the number of two-wheelers in nations such as India will provide an impetus to the market growth in the coming years.

Anticipated Increase in the Demand to Offer Lucrative Market Space  

Valve seat inserts market is directly correlated to automotive production. Despite the unstable economic conditions in the recent past, on an average, the global automotive industry has witnessed plausible growth. Automotive production is anticipated to increase at a modest CAGR of 3–3.5% over the forecast period. Increasing automotive production, automotive sales, and easier credit availability are found to be key imperatives to drive the global valve seat inserts market during the forecast period. Transition from mature markets to developing markets will intensify in the longer term to capture growth in the valve seat inserts market.

As per FMI analysis, automotive production is expected to be higher in developing economies as compared to that in developed economies. This can mainly be attributed to the increasing middle-class, changing demographics, and stable economic conditions in these regions. During the forecast period, the fleet on road is also expected to rise at a modest CAGR, thus providing marginal opportunities for growth in the valve seat inserts market.

Automotive – A Prime Mover for the Global Market Growth

A robust market trajectory is foreseen for the valve seat inserts market. In addition, passenger cars and commercial vehicles using a multi cylinder engines to remain the predominant end users of valve seat inserts.

  • To benefit from the ever-growing demand for valve seat inserts, the companies are heavily investing to improve their manufacturing capabilities and launching new products produced by inclusion of new materials. Among the core end-users, passenger cars are set to dominate the market due to a large volume of the production and fleet figures. Also, industrial machinery and off-highway are likely to offer a promising outlook in the near future. It is evident from the fact that demand from road construction, mining, and defense is expected to drive up the consumption of valve seat inserts for off-highway machinery.
  • Expansion of warehouse space globally, strong demand for forklift truck replacements in developed markets, and growing e-commerce business is likely to substantially enhance the sales of valve seats inserts. Moreover, FMI assessed an anticipated increase in the production (4-6% annually) of industrial trucks to surge the consumption of valve seat inserts.

Valve Seat Inserts Market: Vendor Insights

The report titled valve seat inserts highlights some of the prominent market players, who have established themselves as the prominent stakeholders in the global valve seat inserts market. Some of the examples of key players in the global valve seat inserts market are MAHLE GmbH, Tucker Valve Seat Company, Indian Seats & Guides Company, Nippon Piston Ring co., Ltd, Dura-Bond Bearing Company, BLW Engine Valves, Federal-Mogul LLC, MS Motorservice International GmbH, Microfinish, Kavya International, Perfect Alloy Components Pvt. Ltd., Coopercorp Engine Components, Summit Valve Train LLC, XLP Engineers Pvt. Ltd., among others.  Furthermore, Dura Bond and Mahle have developed valve seat inserts that help customers achieve better cylinder head machining and engine performance. In addition, Federal-Mogul’s new material for valve seat inserts is suitable for both cast iron and aluminum cylinder heads and is compatible with gasoline, diesel, biodiesel fuel blends, and ethanol

In terms of market structure and tier analysis, the global valve seat inserts market is significantly fragmented with few players holding a prominent share of nearly 40% in the valve seat inserts market.

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The study finds that production cuts and plunged auto sales in the past few months have changed the situation. However, government spending, tax cuts, subsidies, and policies will continue to fuel the growth of the auto sector and valve seat inserts market. In a nutshell, the global valve seat inserts market will continue to grow at a CAGR of ~4% between the forecast periods of 2019 and 2029.

Key Segment

By Material

  • Iron Alloys
  • Steel
  • Nickel-based Alloys
  • Others

By Sales Channel

  • OEM
  • Aftermarket

By Engine

  • Gasoline Engines
  • Diesel Engines
  • Gas Engines

By End Use  

  • Automotive
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Off-Highway
  • Two wheelers
  • Marine
  • Industrial Machinery

By Region 

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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Table Of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1.5. Key Developments

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Macro-Economic Factors

3.1.1. Global GDP Outlook

3.1.2. GDP Per Capita

3.1.3. Global Vehicles On Road Comparison

3.1.4. Global Vehicle Production Overview

3.1.5. Global Vehicle Sales Overview

3.2. Value Chain

3.3. Forecast Factors – Relevance & Impact

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunity

3.4.4. Trend

  1. Global Valve Seat Inserts Market Demand Analysis 2014-2018 and Forecast, 2019-2029

4.1. Market Volume (Units) Analysis

4.2. Pricing Analysis, 2018

4.3. Market Value Analysis

Valve Seat Inserts Market – Key Research Findings

  • The global valve seat inserts market size in 2022 is predicted to reach ~US$ 5,881.9 Mn.
  • The valve seat inserts market is expected to grow at a CAGR of ~4% during the forecast period of 2022-2029.
  • According to analysis, new material development for valve seat inserts is being done by the manufacturers while ensuring the engines meet performance and durability standard. Additionally, at a capacious level – environmental factors, ride sharing, better public transport, and urban apartment living are the macro-level factors to sway the demand in car purchases.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Post Consumer Recycled Bottles Market to Garner Brimming Revenues by 2028

Recycling of plastic bottles can help to conserve the additional 80% of energy that is generally used for manufacturing new bottles, containers, and other products. Post consumer recycled bottles have a high scrap value per ton. For each ton of plastic that is recycled, independent research estimates that 7 yards of landfill space is saved. Post consumer recycled bottles are more environment friendly as compared to non-recycled single use PET bottles. Less than half of the plastic bottles sold in 2016 were collected from recycling and just around 7% of those collected were turned into new plastic bottles.

It has been estimated that around 10-12 million tons plastic leaks into the world’s ocean every year which is ingested by fish, sea birds, and other organisms. Post consumer recycled bottles manufacturers helps in reducing the environmental crisis due to serious climate change. Therefore, there needs to be a massive shift in preference for post consumer recycled bottles to avoid the landfill problem.

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Post Consumer Recycled Bottles Market – Overview

Post consumer recycled bottles are made up of the materials that have reached the end of their effective life cycle as consumer products and are re-manufactured and re-captured into new bottles. Post consumer recycled bottles market is growing due to high demand for sustainable packaging products. Therefore, large number of manufacturers adopting new strategies for the production of environment friendly packaging solutions. Manufacturing companies come up with various new technologies in producing post consumer recycled bottles.

Developments in the material sorting facilities across the globe have contributed considerably to the advancement of the post consumer recycled bottles. The recycled plastic obtain from material sorting plants are light in weight and environment friendly. Post consumer recycled bottles has various properties such as crack resistance and strength. Various market players are focusing on sustainable principles due to large environmental benefits in using recycled products. Recycled plastic is light weight in nature as compared to conventional plastic which is also driving the growth of post consumer recycled bottles market.

Post Consumer Recycled Bottles Market – Methodology

The sources which have been used to validate the estimated market size include annual reports of key market players, industry journals & magazines, research papers, and other relevant data available in the public domain. Primary sources referred include focused discussions with C level executives, distributors, independent consultants, and key industry experts, among others.

Post Consumer Recycled Bottles Market – Regional Outlook

On the basis of geography, global post consumer recycled bottles market region is segmented into North America, Latin America, Asia-Pacific excluding Japan (APEJ), Eastern Europe, Western Europe, Middle East & Africa (MEA), and Japan. Among these regions, North America is a leading manufacturer of post consumer recycled bottles, as US and Canada have set up material sorting infrastructure, and is expected to witness a high growth in the post consumer recycled bottles market.

Along with North America, Asia Pacific is also anticipated to grow at the significant rate during the forecast period. Emerging economies such as India and China are anticipated to be the significant contributors to the growth of the APEJ post consumer recycled bottles market.

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Post Consumer Recycled Bottles Market – Key Players

Some of the key players operating in the global post consumer recycled bottles market are segmented into three tiers as tier 1, tier 2, and tier 3.

Tier 1:

  • The Procter & Gamble Company
  • Amcor Limited
  • Graham Packaging Company Inc.

Tier 2:

  • Placon Corporation Inc.
  • Method Products, Inc.
  • Ecover Belgium NV
  • Silgan Plastics

Tier 3:

  • Direct Pack, Inc.
  • Envision Plastics Industries LLC.
  • M&H Plastics Ltd.
  • Phoenix Technologies

Post Consumer Recycled Bottles Market – Key Developments

The global post consumer recycled bottles market is characterized by several new design level trends. Therefore, the competition is in terms of packaging optimization

  • In February 2018, Ecover launched 100% post consumer recycled bottles, which are made from post consumer PET and has around 70% lower carbon footprint, compared to its non-recycled counterpart.
  • In October 2017, P & G launched the recycled bottle named as Fairy Ocean Plastic bottle which is made completely from post consumer recycled plastic and ocean plastic.

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Post Consumer Recycled Bottles Market – Segmentation

The global consumer recycled bottles market is segmented on the basis of material type, layer type and by process. The pricing has been tracked on the basis of product type segment.

On the basis of material type, the global post consumer recycled bottles market is segmented as follows:

  • Polyethylene terephthalate (PET)
  • Polypropylene (PP)
  • High density Polypropylene (HDPE)

On the basis of layer type, the global post consumer recycled bottles market is segmented as follows:

  • Monolayer
  • Bi-Layer
  • Tri-Layer

On the basis of process type, the global post consumer recycled bottles market is segmented as follows:

  • Mechanical Process
  • Melting
  • Refining
  • Chemical Process

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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