Driving Protection Gear Market Predicted to Expand at a healthy CAGR of 5.5% During 2022-2029

According to Future Market Insights (FMI), the driving protection gear market is expected to reach US$ 10.5 Bn by 2029 from UUS$ 7.7 Bn in 2022 In terms of revenue, the market is poised to increment at a CAGR of 5.5% during the forecast period 2022-2029.

Over the years, growing concerns regarding road safety, increasing demand for superbikes, and rising motorsports popularity across the world have influenced the demand for driving protection gears. High competition for protective apparel from the unorganized sectors is a threat to the market growth.

Notwithstanding, the surging rate of mishaps and accidents have prompted a strong need to improve driving safety. Subsequently, governments across the globe are mandating the use of protective equipment such as helmets, gloves, and clothes, especially while riding two wheelers.

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Online and Offline Distribution Channels to Promote Market Growth 

FMI study finds that sales of driving protection gear through offline distribution channels will continue to influence growth strategies. However, sales via online channel is likely to grow at a CAGR of 5.1% through to 2029. Growing consumers’ preference for shopping online along with availability of wide range of products at reasonable prices is boosting sales of driving protection gears. Rapid penetration of e-commerce along with the manufacturers’ strong focus towards multi-channel strategy is further expected to influence the driving protection gear market growth.

Smart Helmet: The Next-Generation Gadget

A rise in the number of deaths on road due to accidents has potentially raised the demand for helmets. In order to resolve the issue, manufacturers are developing smart helmets embedded with Bluetooth and sensors that can detect the rider’s speed. These developments have increased the demand for helmets, creating a market size of US$ 2.2 Bn in 2018.

Across APAC, rise in the sales of premium motorbikes and superbikes has fueled the growth of the driving protection gear market. Besides, with an increase in the need for other protective gear, gloves and elbow protections are also expected to emerge as top selling products in the marketplace.

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Europe’s Driving Protection Gear Market to Reach US$ 2.2 Bn by 2029 

A rising number of electric vehicles, premium motorbikes, and sports cars in Europe are catapulting the driving protection gear market. France and Italy are projected to collectively generate higher revenue by the end of 2029, driven by increasing sales of premium bikes.

Nevertheless, East Asia and South Asia are indicating a strong increase in the demand for driving protection gears, due to rising production of two-wheelers in China and India. However, greater adoption of two wheelers in Middle East & Africa (MEA) and Latin America is expected to contribute to market growth.

Key Players Prioritize Product Innovations  
FMI opines that growth prospects for the driving protection gear are high in Europe. The high concentration of key players in France and Italy and their focus on increasing the production of smart protective gear is emerging a strategic move. Furthermore, the global driving protection gear market indicates a consolidated competition, with key players focusing on product innovation as their key strategy.

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Key Segments of Driving Protection Gear Industry Survey

Driving Protection Gear Market by Product:

  • Helmets
  • Armors
  • Gloves
  • Knee Protection
  • Elbow Protection
  • Others

Driving Protection Gear Market by Material:

  • Leather Driving Protection Gear
  • Synthetic Driving Protection Gear
  • Natural Fiber Driving Protection Gear

Driving Protection Gear Market by Vehicle:

  • Driving Protection Gear for Two Wheelers
  • Driving Protection Gear for Four Wheelers

Driving Protection Gear Market by Consumer Group:

  • Driving Protection Gear for Men
  • Driving Protection Gear for Women

Driving Protection Gear Market by Distribution Channel:

  • Online Sales of Driving Protection Gear
  • Offline Sales of Driving Protection Gear

Driving Protection Gear Market by Region:

  • North America Driving Protection Gear Market
  • Latin America Driving Protection Gear Market
  • Europe Driving Protection Gear Market
  • East Asia Driving Protection Gear Market
  • South Asia & Pacific Driving Protection Gear Market
  • Middle East & Africa (MEA) Driving Protection Gear Market

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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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Tea-based Skin Care Products Market is projected to reach a valuation of US$ 563.4 Billion in 2022

The market for green tea-based skin care products is anticipated to reach US$ 536.4 Mn in 2022 and display an astounding 8.7% CAGR from 2022 to 2032. This is because consumers are becoming more conscious of natural personal care products, and manufacturers want to switch out conventional substances with natural alternatives.

Therefore, with increasing demand for natural cosmetics due to their long-term health benefits, the green tea-based skin care products are growing attaining popularity over the forecast period. Tea is produce from the Camellia sinensis plant- a small evergreen shrub native to East Asia region. Green tea has various essential elements such as polyphenols, tannins, protein, minerals, amino acids, carbohydrates, and others.

Using green tea as an ingredient in skin care products provide various health benefits such as potent free radical scavengers, strong antioxidant herbs, acne management, dermatological benefits, and many more. Projected to rise at a CAGR of ~8.7% between 2022 and 2032, Future Market Insights foresees stable growth for the market.

“Prominent players in the global tea-based skin care market can gain significant profits by introducing novel tea-compounds into their beauty care offering. Companies can also be shifting their focus towards sustainable raw materials and replacing synthetic chemicals with natural ingredients.” says an FMI analyst.

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Key Takeaways from the Study

According to the report, various prominent players are rapidly expanding their market footprint through various strategic partnership with major regional distributors and players. This is also intended to expand their product portfolio by adding new naturally derived skin care products.

Currently key players are significantly investing in research and development activities to boost manufacturing capabilities and to have a competitive edge among their competitors.
Companies are incorporating green tea in their skin care products in extract form. Additionally, they are developing their own green tea extracts to ensure high quality, purity, concentration, and others.

The East Asia region is expected to retain its dominant position in the global tea-based skin care products market, due to high production of tea in the world and people in the region consider it as a remedy which was discovered thousands of years ago in China.

Among tea type, the green tea segment is expected to exhibit a comparatively higher CAGR in the global tea-based skin care products market in the near future, as it has high antioxidants benefits when applied topically. It also reduces oxidative stress and neutralise free radicals.

The rapidly growing trend of beauty supplements to enhance the radiance, smoothness of the skin, and reduce problems related to aging. Therefore, to boost the overall appearance consumers are including such products into their daily routine. Manufactures are also improving their formulas to introduce novel beauty supplements.

The tea is one of the excellent beauty improving ingredient used in supplements and skin care products which has a positive impact on the market. Consuming tea-based supplements in right amount provides various beauty benefits such as healing properties, skin disorder treatment, improving metabolism, and many more.

In skin care products the tea is used in various forms such as extract, camellia seed oil, leaf powder, and others. However, the effectiveness of tea as an ingredient is depend on many factors such as concentration level, tea quality, processing method, etc. This above mention factors is boosting the demand for tea-based skin care products market over the forecast period.

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Who is winning?

Some of the key players operating in the tea-based skin care products market are Laboratories du Palais Royal, AmorePacific Corporation, Organic Tea Cosmetics Holdings Co Ltd., Avon Products, Inc., L’Oréal S.A., Natura & Co., Unilever, Purity Cosmetics Inc., Schmidt’s Naturals, ArtNaturals, SkinYoga, The VLCC Group, ARTDECO cosmetic GmbH, Burt’s Bees, Inc., Korres Natural Products Company, Kendo Holdings Inc., Dr. Bronner’s, Avalon Natural Products, Inc., Elizabeth Arden, Inc., BCL SPA, and others.

Several prominent market players are entering into strategic partnership with various stakeholders to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.

In June 2019, Unilever acquired Tatcha LLC to increase its product offering in skin care products based on a green tea ingredient.
In 2018, Innisfree established its first store in NYC’s Union Square, USA. This helped company to improve its customer base in North America through expanding product offering and attracting new customers through various innovative products and promotional strategies.

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Tea-based Skin Care Products Market by Category

Product Type:

  • Creams & Lotions
  • Serums
  • Face Packs/Masks
  • Cleansers
  • Other Skincare Products

Tea Type:

  • Black Tea
  • Green Tea
  • Others

Skin Type:

  • Dry
  • Combination
  • Normal
  • Sensitive
  • Oily
    Sales Channel:
  • Direct Selling
  • Specialty Outlets
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Beauty Stores
  • E-Retailers
  • Other Sales Channel
    Region:
  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

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Male Sex Toys Market will exhibit a CAGR of ~7.5% during forecast period by 2029

By the end of 2029, the global male sex toys market is predicted to be worth US$ 31,699 million. According to Future Market Insights (FMI), between 2019 and 2029, the market will grow at a constant rate of 7.5 percent.

According to the survey, the primary drivers for the growth of male sex toys in the market include improving sexual experience and increasing adoption of cutting-edge technology for the development of creative goods. The research provides a thorough analysis of the market, including key growth drivers, restraints, opportunities, and current trends. It employs novel research methods to provide the most accurate market analysis.

It includes in-depth insights into the male sex toys market. Some of these are:

  • The estimated value of the market was at ~US$ 15,380 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America dominates the male sex toys market globally.
  • East Asia emerges as one of key markets owing to increasing use of sex toys among both men and women.
  • Growth of online sales channel is expected to boost the sales of male sex toys over the forecast period.
  • Key players are likely to focus on new product innovation such as using of increasing sound quality, noise cancellation etc. to stay relevant in developed markets.

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Female Sex Toys to Witness Highest Growth

The sex toys market is primarily dominated by male consumers. Marketing and promotion of these products are considered as one of the growth reasons. Advancement of technology and growing desire to enhance sexual experience led the market for higher sales.

At present, manufacturers are currently focusing on female consumers which are expected to expand at higher CAGR owing to growing interest for sex toys among female. Moreover, availability of products mainly in online channel also boost the sales of sex toys market. The popularity of vibrators, anal beads, and penile rings has increased over the past. Growing urbanization and growing sex culture also fuel the usage of such sex toys among women.

Who is Winning?

Some of the leading players operating in the male sex toys market are Church & Dwight Co., Inc.; Reckitt Benckiser Group plc; LELO; LifeStyles Healthcare Pte Ltd; Doc Johnson Enterprises; Lovehoney Group Ltd; BMS Factory; Tenga Co., Ltd.; Fun Factory; We-Vibe. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

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  • In 2017, Fleshlight launched automated masturbation machine which enhances the masturbation experience

Market Segmentation

The global male sex toys market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • Male Masturbators
  • Cock Rings
  • Penis Sleeves
  • Male Prostate Toys
  • Sex Doll Toys
  • Penis Enhancement Toys
  • Others

Demographics

  • Male
  • Female

Price Range

  • Premium/ Luxury
  • Mid-Range/ Economy

Sales Channel

  • Online
  • Offline

Region

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

Get Valuable Insights into Male Sex Toys Market

Future Market Insights, in its new report, presents an unbiased analysis of the global Male Sex Toys market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights on the male sex toys market based on product type (male masturbators, cock rings, penis sleeves, male prostate toys, sex doll toys, penis enhancement toys and others), demographics ( male, female), by price range (premium/luxury, mid-range/economy), sales channel (offline, online), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).

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Stool Management Systems Market is set to experience significant growth at 3.4% CAGR from 2022 to 2032

According to Future Market Insights (FMI), the demand for stool management systems is expected to rise significantly, reaching a market value of USD$ 166.5 Mn by the end of 2021.

Stool management systems are designed for bed ridden patients with fecal incontinence, a condition commonly known as bowel incontinence. These systems are used to prevent infections and reduce nursing time requirements.

The stool management systems are advantageous for older adults and patients suffering from constipation and fecal incontinence. Furthermore, it is also helpful for bed-ridden patients who may have been subject to aliments such as strokes, paralysis, or spinal injury.

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According to the World Bank, approximately 700 million people were aged 65 and above in the world in 2019. Consequently, the overall high incidence of geriatric populations is resulting in the expansion of the patient pool and the resultant increase in the demand for stool management systems globally.

Fecal incontinence issues are common around the world and it has a notable burden on the economy and healthcare systems of society. The condition has impacted the economic system including hospital charges and nursing charges. Stool management systems help in reducing the nursing time and other hospital expenses.

Key players are focusing on strengthening their mergers and acquisition portfolios, in addition to advancement in technologies and new product launches. Europe holds the highest share in the market due to a vast target demographic, the presence of major market players, and high healthcare expenditure in the region.

“Increasing geriatric population, technological advancements, and a rising focus on next-gen stool management systems will create lucrative growth opportunities through 2031,” says the Future Market Insights analyst.

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Key Takeaways from Stool Management Systems Market Study

  • Systems are key to revenue generation in the stool management systems market surpassing accessories. They are likely to account for 63% value share by the end of the forecast period.
  • Luer-lock syringes will lead, with a valuation of over US$ 16 Bn by the end of 2021 owing to security in drug administration processes.
  • The U.S. accounts for more than 92% share in the North America market, and will witness growth backed by presence of a well-established healthcare sector.
  • Germany and France are leading countries in Europe and will account for more than 18% and 16% of the Europe market respectively in 2021.
  • Australia is the largest and fastest growing market in Oceania, exhibiting 6.2% CAGR during the forecast period.

Who is Winning?

The global stool management systems market is set to expand due to the rising number of people suffering from stool related ailments. Leading organizations within the market are set to focus on research for healthcare systems to offer increasingly effective treatment options for superior patient outcomes.

Some of the leading players in the stool management systems market include B. Braun Melsungen AG, Becton Dickinson, ConvaTec, Inc., Hollister Incorporated, Prosyn International Ltd., Consure Medical and others.

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Want More Insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels that provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global stool management systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the stool management systems market on basis of the product type in detail, cover every aspect of the market such as systems, accessories and major regions.

Stool Management Systems Market by CategoryProduct Type

  • Systems
    • External Management Systems
    • Indwelling Collection Systems
      • With Irrigation
      • Without Irrigation
    • Accessories
      • Catheter Tubes
      • Luer-Lock Syringe
      • Collection Bag with Filter
      • Clinch Clamp

Region

  • North America
  • Europe
  • Oceania

About 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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Cotinine Screening Devices Market is projected to increase at a CAGR of ~4.7% From 2022-2029

According to a new market research report by Future Market Insights, the global cotinine screening devices market was valued at ~US$ 429.9 Mn in 2021, and is expected to increase at a CAGR of ~4.7% during the forecast period of 2022-2029. The report scrutinizes the cotinine screening devices market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the global cotinine screening devices market is projected to experience a significant growth over the forecast period, which will be set in motion by a slew of factors such as growing focus on ‘value-driven’ healthcare services and high demand for effective screening techniques.

Stakeholders are leveraging newer technologies to offer non-invasive diagnosis, reliability of the screening devices, as well as testing at desired location, in an attempt to align with the trend of convenience, according to the FMI analyst.

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Developing Markets to Reflect New Growth Possibilities

Regions such as North America and Europe are expected to hold prominent market share in terms of value. However, developing markets are expected to project lucrative growth in the global cotinine screening devices market in the forecast period of 2022-2029. The exponential rise in workplace screening is one of the key drivers laying new growth alleys for manufacturers of cotinine screening devices to reap benefits from. The economic and technological parity of developing regions with the developed ones is another chief factor estimated to generate steady sales revenue for market players of cotinine screening devices.

Furthermore, rising level of awareness and adoption of products useful in smoking cessation programs is further upholding the lucrativeness of developing markets such as China, India and Brazil. The factors such as growing prevalence of smoking, screening employees for illicit drugs, sporting events, and deciding the health plan premium are anticipated to surge the sales of cotinine screening devices in developing counties.

The burgeoning middle-class population along with multiple compliances created for recruitment in the armed forces are anticipated to increase the potential use cases of cotinine screening devices in 2022 and beyond. The contract manufacturing services available in developing markets coupled with cheap labor force are expected to boost the investment and attractiveness quotient of developing countries, making them no less than hotbeds of opportunities for growth.

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End Users to Show Marked Preferences for Cassettes

By device type, the cassettes are expected to hold prominent value shares of the global cotinine screening devices market. This has majorly resulted from the cost effectiveness, ease of screening, quick detection, and portability of these compact cotinine screening devices. The report features the prominent players in the cotinine screening devices market, whose success has been riding on their strong portfolios and regional presence.

The global cotinine screening devices market is significantly consolidated with a chunk of players commanding prominent shares of the market. These players are offering cotinine screening devices under their popular brands such as Accutest®, ALERE ISCREEN®, Reditest®, QuickProfile™, NicCheck™ I, DrugCheck® SalivaScan™, TobacAlert®, among others.  Mergers and acquisitions will remain one of the key part of the growth & expansion strategies of cotinine screening devices market players, with an extensive emphasis on creating newer business models as well as distribution channels.

Cotinine Screening Devices Market, By Category

Device Type

  • Cassettes
  • Strips
  • Reader

By Sample Type

  • Blood Sample
  • Urine Sample
  • Saliva Sample

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By End-User

  • Hospitals
  • Laboratories
  • Clinics
  • Workplace Screening Centers

By Region

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

Key Questions Answered in the Report

  • What are cotinine screening devices?
  • What are the key market statistics of the global cotinine screening devices market?
  • Who are the key players of the cotinine screening devices industry?
  • Which device dominates the global cotinine screening devices market?

About 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 9-years.

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Surgical Tourniquets Market is projected to reach US$ 812.2 by 2029

FMI’ analysis expects the surgical tourniquets market to grow at ~8% CAGR through to 2029, driven a surge in the number of trauma cases over the years lined with rising demand for effective device to stop arterial bleeding during surgical procedures. Analysts also expect that automatic machines and robotic technologies are likely to bring a paradigm shift in operative procedures, which should push the manufacturers to innovate their products and develop strategies to attract and retain a new segment of customers.

Worldwide sales of surgical tourniquets will increase by 7.5% year-over-year to reach ~US$ 381 million in 2019, up from ~US$ 355 million in 2018, according to the latest research from Future Market Insights (FMI).

Surgical tourniquets have long been reliable to establish a bloodless field of operation for surgeons while maintaining a high level of safety for patients. However, the risk of surgical-site infections as well as tourniquet-related injuries, particularly due to the application of high pressures and high pressure gradients to the patient, remains a potential threat to the market growth.

In an attempt to reduce the risks associated with higher tourniquet pressures, manufacturers are placing their bets on products innovations and introduction of novel features such as automatic pressure control, audiovisual alarms, digital displays, and easy-to-use user interface.

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Sales of Tourniquet Cuffs to Ramp up in 2019

According to the FMI analysts, tourniquet cuffs have been a vital part of the modern computer-assisted tourniquet system, which accounted for ~77% of total market revenue in 2018. While the inflatable disposable cuffs represented more than half of the total tourniquet cuff sales in 2018, the consumption of inflatable reusable cuffs is likely to increase 7.6% y-o-y in 2019.

“In terms of tourniquet systems, dual channel systems will continue to represent a relatively high share as compared to single channel systems, in the view of enabling bi-lateral procedures or simultaneous surgeries of both upper and lower extremity,” the FMI analyst said.

The consumption of surgical tourniquets for knee arthroplasty accounted for ~31% sales in 2018, while increasing application in amputation of limbs and trauma cases is likely to result in increased market share in the future.

“Recent advancements in reverse shoulder arthroplasty along with the introduction of ‘personalized’ tourniquet systems that allow the use of variable contour design and cuffs for specific patients will open new avenues of growth for the market players,” said the FMI analyst.

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Hospitals Capture Significant Share, North America in the Vanguard

In 2018, surgical tourniquets worth ~US$ 176 million were sold in hospitals; according to the FMI analysts, growing number of hospitals, especially in developing countries, and greater awareness of advanced medical devices will continue to drive the consumption of surgical tourniquets in hospitals.

Rapid adoption of ‘value-based’ model in health care settings have led to a surge in the number of ambulatory surgical centers and specialized clinics, thereby paving a new way of growth for the surgical tourniquets market.

The FMI analyst forecasts that North America will continue to remain at the forefront of surgical tourniquets market, representing 30% share in 2018. While North America is likely to be neck-and-neck with Europe to lead the market in future, manufacturers are tapping into new opportunities in developing countries in Asia Pacific.

The surgical tourniquets market shows a fair level of fragmentation, with two prominent players including Zimmer Biomet and Stryker Corporation accounting for more than one-third of the total revenue share. Exploring unmet needs in developing regions and expanding their distribution through collaboration and acquisitions of local and regional manufacturers remain key focal points of the market players.

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Key Segment

By Product Type

  • Tourniquet Systems
    • Single Channel Systems
    • Dual Channel Systems
  • Tourniquet Cuffs
  • Inflatable Cuffs
    • Disposable Cuffs
    • Reusable Cuffs
  • Non-Inflatable Cuffs
    • Disposable Cuffs
    • Reusable Cuffs

By Application

  • Knee Arthroplasty
  • Amputation of Limbs
  • Plastic Surgeries
  • Trauma Cases

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Clinics

By Region

  • North America
  • Europe
  • Latin America
  • South Asia
  • East Asia
  • Oceania
  • Middle East And Africa
  • Emerging Countries

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Expanded Polystyrene Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast to 2027

Expanded polystyrene is a lightweight cellular plastic having special properties due to its structure which is made of pre-expanded polystyrene beads. The expanded polystyrene foam contains only 5% plastic rest is air. Polystyrene a solid thermoplastic is melted at high temperature to re-solidify for desired application, the expanded polystyrene is forty-five times the volume of the original granule of polystyrene.

Expanded polystyrene being extremely light weight and rigid shows an excellent set of properties such as good dampening properties and good thermal insulation and variety of end use application such as surfboards, packaging and building material.

Expanded polystyrene closed-cell structure provides low vapor permanence and minimal water absorption. Molded EPS is subjected to numerous tests such as density, strength, flammability and porosity. Expanded polystyrene is not biodegradable but is the chemical inert that makes it stable fill material and provides safe and sanitary landfill reclamation.

The insulation products of expanded polystyrene significantly reduce the energy requirement for cooling and heating in any structure when applied. Expanded polystyrene saves cost and give a versatile choice of application and lowers the structures of carbon footprint.

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Global Expanded Polystyrene Market: Dynamics

Expanded polystyrene is recyclable, inert non-toxic to the environment as it does not contains CFC’s or HCFCs in the manufacturing process and doesn’t hinder to the ozone layer, is the major potential factor for the growth of expanded polystyrene market.

Ability to provide best packaging solution to keep the product safe and shock absorbent from risk in transport and handling and providing total protection for industrial product is the key factor driving the expanded polystyrene market.

Moreover, food packaging safety through expanded polystyrene is another potential factor for the growth of expanded polystyrene market. Owing to moisture resisting properties increasing the shelf life of the perishable items such as seafood, vegetables, and fruits.

Expanded polystyrene doesn’t result in chemical reaction as it inert in nature thus it does not appeal to any pest. Owing to its durability, the lightweight as well strength it is used as an insulation panel system for roofs, walls, floors in building and facades and results in a drastic reduction in the emission of polluting gasses such as SO² and CO² is another potential factor for the growth of expanded polystyrene market.

Owing to its compression resistant which makes expanded polystyrene ideal for stacking and packaging of good also it is shock absorbent properties application makes it effective for sports helmet and children’s car seat is another potential factor for the growth of polystyrene market. Pharmaceutical application to store products for safety and away from exposure to general environment, are factors supports to growth of expanded polystyrene market.

Global Expanded Polystyrene Market: Region Wise Outlook

The global expanded polystyrene market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). APEJ holds a relatively higher share of the global expanded polystyrene market.

This is due to packaging industry which is developed and has great demand in the region. Moreover major player promotes recyclability of expanded polystyrene molded products promoting little part of municipal soil waste which is close to 0.1%. Followed by APEJ is North America, this is due to high demand in packaging for consumer goods, electronics, and electrical industries.

Thus APEJ and North America is estimated to grow at healthy CAGR in the forecast period of global expanded polystyrene market. Europe is estimated to grow at high CAGR in the forecast period of global expanded polystyrene, owing to the demand for thermal insulation for flooring and roofing to reduce the in-house temperature and carbon footprints, will boost the expanded polystyrene market.

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Global Expanded Polystyrene Market: Prominent Player

Few of the prominent players in expanded polystyrene market are as follows

  • Insulation Corporation of America
  • The Dow Chemical Company
  • Plasti-Fab Ltd.
  • Dabo Precision Co., Ltd.
  • Kaneka Corporation
  • Atlas EPS.
  • BASF SE
  • Nantong Chaoda Machinery and Technology Co., Ltd
  • Sunghoon Tech Co., Ltd
  • British Plastic Federation
  • ACH FOAM Technology
  • FORTE EPS Solution Inc.
  • KNAUF Industries

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.

About 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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Portable Wheel Jack Market to Garner Brimming Revenues by 2029

Portable wheel jacks are devices that are used to lift heavy loads and equipment. There are numerous types of jacks available in the market, used for a variety of applications in diverse business segments. The scope of this research covers mechanical, hydraulic, electric, and pneumatic jacks. This research has a primary goal to analyse the current scenario of the portable wheel jack market and perspective of various end users, and preference of various users belonging to various segments, and also the adoption of different types of jacks by users in industries such as railways, aerospace, automotive, construction, mining, and marine.

The global portable wheel jack market is anticipated to witness noteworthy growth in 2022, and reach a market value of around US$ 5,000 million, while registering a Y-o-Y growth rate of nearly over 3%. Additionally, the global demand for portable wheel jacks is expected to be influenced by the safety standards implemented by almost every end-use industry. In addition, the efficient and fool proof work of portable wheel jacks is expected to increase their use across various industries.

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Mining & Construction Generating Significant Demand

On the basis of end user, the automotive segment is foreseen to experience substantial growth. However, the construction and mining segment is anticipated to account for a prominent volume share in the global portable wheel jack market. The floor jack/service jacks sub-segment under automotive end use is expected to witness a growth of 4.0 percent during the forecast period, mostly driven by increasing garages and car service stations across the globe.

Based on product type, the hydraulic portable wheel jacks segment is expected to be a prominent segment in the portable wheel jack market, accounting for more than 50% of the market share. Hydraulic portable wheel jacks are less likely to get affected by rust, which provides these jacks great working life. This will lure customers who are looking for a long-term solution for heavy lifting operations. Mechanical jacks are ideal for lifting light and moderate weights, but these jacks are incapable of lifting heavy loads and cannot sustain multi-toned weights, which can be easily lifted using hydraulic jacks. This factor is surging the demand for hydraulic jacks in target regions.

East Asian Market Emerging Lucrative

East Asia, against the backdrop of growing utilization and sales of end-use products, is set to act as one of the most lucrative regions in the portable wheel jack market during the forecast period. Furthermore, Europe and North America are likely to be prominent portable wheel jack markets over the coming years, mainly driven by the U.S. and EU-5. Automobile production in China and Germany is increasing at great pace every year, and the users of these automobiles will need lifting jacks or portable wheel jacks as a vehicle accessory.

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PORTABLE WHEEL JACK MARKET TAXONOMY

The global portable wheel jack market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach in front of the reader.

By End Use

  • Automotive
    • Floor Jacks/Service Jacks
    • Bottle Jacks
    • Scissor Jacks
    • Hi Lift Jacks
    • Trailer Jacks
  • Marine
    • Swivel Jacks with Wheels
    • Round Jacks (Swivel) with Foots & Others
  • Aerospace
    • Axle Jacks
    • Tripod Jacks
  • Railways
    • Heavy locomotives Jacks
    • Railcar Jacks
    • Transit Jacks
  • Construction and Mining
    • High tonnage mining Jacks
    • Scaffolding Jacks
    • Hydraulic Jacks
    • Mechanical Jacks

By Product Type

  • Hydraulic Portable Wheel Jacks
  • Pneumatic Portable Wheel Jacks
  • Electric Portable Wheel Jacks
  • Manually Operated Portable Wheel Jacks

Region

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

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Portable Wheel Jack Market: Key Participants 

Some of the key manufacturers involved in the portable wheel jack market are Horizon Global Corp., Curt Manufacturing LLC, Lippert Components, Inc., Gray Manufacturing Company Inc., Osaka Jack Co. Ltd., Tronair Inc., Kubanzheldormash Co., Dutton-Lainson Company, Vestil Manufacturing. HYDRO Systems KG, Autolift Gmbh, and Jiaxing Datong Machinery Co., Ltd., among others.

Within the global portable wheel jack market, players need to focus on pneumatic and electric portable wheel jacks. The increasing and booming railway industry and airplane transport industry automatically creates a great potential customer base for portable wheel jacks. Due to the intense and aggressive competition between hydraulic jack manufacturers, companies are compelled to manufacture quality products in the least price possible.

In terms of market value, the global portable wheel jack market is foreseen to increase at a moderate CAGR of more than 3%, and is set to provide opportunities to all stakeholders in the portable wheel jack market during the forecast period.

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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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Carbamide Market | Top Companies, Size, Revenue, Forecast and Detailed Analysis by 2027

Carbamide is an organic substance which is white or slightly pigmented pills. Carbamide is also known as urea and an essential role in the metabolism of nitrogen containing substances by animals. It is odorless, solid and highly soluble in water which is practically non-toxic. In the year 1828, Friedrich Wohler’s discovered that Carbamide can be produced from inorganic materials which were an essential conceptual breakthrough in chemistry.

Most of the world industrial production of Carbamide is intended for use as a nitrogen-release fertilizer. Carbamide contains the highest quantity of nitrogen of all solid nitrogenous fertilizer. Various soil bacteria hold the enzyme urease, which catalyzes the conversion of Carbamide to bicarbonate ion (HCO3−) and ammonium ion (NH4+). So, Carbamide fertilizers rapidly convert into the ammonium form in soils.

Carbamide is extensively used in fertilizers as a source of nitrogen and is an essential raw material for the chemical industry. Carbamide is generally used before rain as fertilizer to minimize the losses of volatilization (a process in which nitrogen lost as ammonia gas to the atmosphere).

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Carbamide has plenty number of uses includes manufacturing Carbamide nitrate which is used in industrial explosives and SCR and SNCR reactions to minimize nitrogen oxide pollutants in released gasses from combustion. Carbamide is also used in tooth whitening products, dish soap, cigarettes, dye, hard glue and softening and removing earwax.

Global carbamide Market: Drivers and Restraints

The key driving factors of global Carbamide market are high demand of Carbamide in agriculture and chemical industries. The macroeconomic factors which drive the Carbamide market are growing economy in emerging countries such as China, Brazil and India, rapid rate urbanization and changing the lifestyle of people across the globe.

Another major driving factor of global Carbamide market is the rapid rate of the food industry, owing to the high demand for grains in the food industry. The key restraining factor of Carbamide market is acute toxicity and government regulations and policies across the globe. The market players of Carbamide market can account high market share by doing forward integration with domestic players.

Global carbamide Market: Segmentation Overview

Global carbamide segmentation is done on the basis of the end-use industry includes chemical, agriculture, pharmaceutical, cosmetics and automotive. Among above mentioned end-use industry, chemical industry accounts high market share in global carbamide market and is estimated to witness a positive growth over forecast year.

Another segmentation of global carbamide market is done by application types such as flavor enhancer, flame proofing agent, fertilizer, deep eutectic solvent and many others. Among above-mentioned application type, fertilizer is estimated to account high growth rate over forecast year in global carbamide market.

The company operates in the carbamide market can increase its share in the global carbamide market by increasing their investment in Asia-Pacific region and the Middle East and Africa region.

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Global carbamide Market: Regional Outlook

By the geographies, the global carbamide market is segmented into seven regions including Latin America, North America, Japan, Middle East & Africa, Western Europe, Eastern Europe and Asia-Pacific except Japan. Among the regions, Asia Pacific excluding Japan is the largest producer and projected to expand at a high growth rate in the Carbamide market, attributed to high growth in manufacturing industry across the globe.

Middle East and Africa is predicted to witness slow growth rate in global carbamide market due to govt. invention and gas supply in countries like Iran, Egypt and Algeria but it is estimate that Qatar will have high growth in carbamide market in the Middle East & Africa region, due to one of the largest producing countries of carbamide across the globe.

North America region accounts high market share in carbamide market across the globe and is estimated to see high growth rate, owing to its growing demand for agriculture purpose.

Few prominent market players of Carbamide market as follow

  • OCI
  • Koch Fertilizer, LLC
  • Zuari Agro Chemicals Ltd
  • Qatar Fertiliser Company
  • Gulf Petrochemicals and Chemicals Association
  • Kemerovo JSC Azot
  • Acron
  • Sichuan Meifeng Chemical Industry Co.
  • Togliattiazot
  • EUROPAGES SA

The global woodworking machines market is highly fragmented due to the presence of large number of regional and global players. Regional players choose quality service and competitive pricing as their winning strategy over global players. In response to this, global players are largely involved in merger & acquisition and partnership activities in order to enhance their profitability margin and market share.

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.

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 favour 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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Vascular Dressings Market | Know the Latest COVID19 Impact Analysis and Strategies of Key Players 2030

Vascular Dressings Market Overview

Vascular Dressings Market structure analysis discusses in detail companies with their profiles, revenue shares in market, comprehensive portfolio of their offerings, networking and distribution strategies, regional market footprints, and much more.

Vascular dressings are the dressing used for protection of vascular site having injury. Vascular dressings are also known as intravenous site dressings as these are used to prevent infections that can occur in the insertion site. These are important since the IV sites are prone to bacterial and viral infections.  Vascular dressings are used not only to prevent infection at the site but also to secure the line in place for better management.

The other common usage of vascular dressings are securing catheter sites, securing surgical incisions, minor burns, superficial wounds like abrasions. Vascular dressings help the excess moisture to release while keeping a moist wound healing environment which is required for healing of the wound.

The COVID-19 pandemic has caused ripples in all the industrial sectors including healthcare. The effects of this on the global vascular dressings market could be suspension of manufacturing process, delay in raw material procurement, delay in supply chain logistics, shortage of labor among many others.

COVID-19 crisis resulted in many hospitalizations which in turn would have resulted in inflated demand for vascular dressings. Hence, COVID-19 has affected the global market of vascular dressings both positively and negatively.

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Vascular Dressings Market: Drivers and Restraints

The major driver for the global market of vascular dressings will be hospital acquired infections at needle site. For instance in the United States, approximately 9.2 out of each 100 hospitalized persons contact a nosocomial infection.

Hospitalizations generally lead to needle insertion wound which would require vascular dressings. Hence rising road accidents, rising birth related hospitalizations, growing chronic diseases related hospitalizations will all contribute in the growth of the global vascular dressings market.

Another driver for the growth of the global vascular dressings market could be rising occurrence of epidemics of infectious diseases which result in hospitalizations. Accessibility and affordability in the remote parts of the underdeveloped parts of the world may hamper the growth of the global market of vascular dressings.

Vascular Dressings Market: Overview

The global market for vascular dressings is expected to witness steady growth during the forecast period of 2020-2030. As per a World Health Organization (WHO) report 1.4 million population around the world are suffering from a nosocomial infections at any one time.

Based on the product, the antimicrobial vascular dressing segment may be expected to register a robust growth in the global vascular dressing market owing to patients’ preference. Based on the end users, hospitals may be expected to hold the majority of share in the global market of vascular dressings since these would witness maximum patient footfall.

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Vascular Dressings Market: Region-wise Outlook

North America can be estimated to dominate the global vascular dressings market based on high number of surgeries due to cardiovascular and other conditions in the region. Europe can be expected to be leading second in the global vascular dressings market based on its growing geriatric population who are more prone to surgeries and hospitalizations which leads to IV insertion wounds.

Asia Pacific may be the leading market in the emerging markets in the global vascular dressings market owing to increasing heart related conditions, road accidents (all of which lead to hospitalizations and eventually IV wound) in countries like China and India.

Middle East and Africa would also be contributing significantly to the global vascular dressings market due to hospitalizations because of many epidemic diseases in the region.

Vascular Dressings Market: Key Players

  • Beckton
  • Dickinson and Company
  • Vancive Medical Technologies (Avery Dennison)
  • BSN Medical (Essity)
  • Richardson Healthcare
  • Derma Sciences
  • Mölnlycke Health Care
  • Smith & Nephew
  • 3M
  • B Braun
  • Systagenix
  • Reliamed
  • Medline

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Indication
  • Value Chain

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Vascular Dressings Market: Segmentation

The international vascular dressings treatment market is segmented based on product, end user and region.

By Product :

  • Antimicrobial Vascular Dressings
  • Non-Antimicrobial Vascular Dressings

By End Users :

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

About 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.

Contact Us:
Future Market Insights,
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