Insulin Biosimilars Market- Global Industry Analysis, Size and Forecast, 2016 to 2026

The Global Insulin Biosimilars market study provides critical information related to the global, regional and top players including Insulin Biosimilars market share analysis, winning strategies, recent developments, and financial planning. Besides providing information regarding the key players in the Insulin Biosimilars market, the study also recalibrates, the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Insulin Biosimilars market.

Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Insulin Biosimilars market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Competitive Analysis

By Prominent Market Players

Eli Lilly & Co., Boehringer Ingelheim, Merck & Co., Pfizer Inc., Biocon, Mylan N.V. and others

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Insulin Biosimilars market

Insulin Biosimilars Market: Segmentation

On the basis of disease indication, the global insulin Biosimilar market is segmented as,

  • Type I Diabetes
  • Type II Diabetes

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Regional analysis includes

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

Critical Questions Answered in the Report

  1. What are ongoing trends that will shape market growth curve for global Insulin Biosimilars market?
  2. What are the drivers and challenges affecting the Insulin Biosimilars market demand?
  3. What are the recent technological advancement in the Insulin Biosimilars market?
  4. What are key trends and opportunities that will prevail the revenue growth of Insulin Biosimilars market players?
  5. How will evolving regulatory policies impact the market growth?
  6. What is the impact of Covid-19 on the Insulin Biosimilars market?

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Insulin Biosimilars market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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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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Aquaculture Therapeutics Market 2022 Opportunities, Regional Overview, Top Leaders, Revenue and Forecast to 2026

Aquaculture Therapeutics Market Overview

The Farming or the culturing of aquatic animals like the fishes, algae, mollusks, crustaceans, aquatic plants and other aquatic organisms in different types of water is termed as Aquaculture. The cultivation process involves nurturing of these aquatic organism in the controlled condition either in fresh or in salt water. Later on these aquatic organisms are then harvested to be served as the source of nutrition or to be used for many other purposes.

The aquatic animals are very sensitive and are prone to various epidemic diseases. Other factors affecting the aquatic cultured animals are Pathogens (e.g. bacteria, viruses, fungi and parasites) exist in all natural water bodies. At the same time crowded culture environment makes the causes high risk for infection and makes the fishes nervous. Crowding also results in fish knocking eventually leading to surface wounds which is a cause for inaction. These can be cured using several FDA approved antibiotics and other medicines. Apart from diseases medicines are used to improve the wellbeing of the fishes in the aquaculture.

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The list of drugs includes chorionic gonadotropin, formalin solution, florfenicol, oxytetracycline, tricaine methane sulfonate, hydrogen peroxide, sulfadimethoxine/ormetoprim combination, acetic acid, calcium chloride, calcium oxide, carbon dioxide gas, fuller’s earth, garlic (whole form), ice, magnesium sulfate, papain, potassium chloride, povidone iodine, sodium bicarbonate, sodium chloride, sodium sulfite, thiamine hydrochloride, urea and tannic acid.

The above mentioned drugs take care of the aquatic animals fighting with several diseases which are not only harmful to the aquatic animals but are also harmful to the consumer. There are two different categories of diseases which affect the aquatic population viz. diseases due to pathogens which are indigenous to the local environment and exotic pathogens.

Aquaculture Therapeutics Market: Drivers and Restraints

A lot of advances are taking place in the aquaculture therapeutics as there are several diseases which are affecting the animals cultured in the aquaculture. There are several diseases which are driving the aquaculture therapeutics market. Mostly the diseases are dependent on hygiene conditions which are to be maintained. Advances in aquaculture therapeutics, and growing demand for the more effective aquaculture therapeutic drugs are the factors expected to drive the growth of aquaculture therapeutics market. More over the demand for aquaculture is growing day by day due to the decreasing number of the oceanic fishes and increasing consumption of the fishes at a global level.

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Aquaculture therapeutics market: Overview

Despite the long tradition of practicing aquaculture in several countries it is still a growing and a business with great scope. The requirement of aquaculture therapeutics is increasing day by day as more and more countries have stared adopting aquaculture which is cheaper source of protein. As the fishes or the animals are consumed by the human FDA has set up certain regulatory guidelines for the drugs to be administered to the fishes in aquaculture. They are categorized as conditionally approved animal drugs and indexed animal drugs. Depending upon environmental and diseased conditions these drugs are used in the aquatic fishes.

Aquaculture therapeutics market: Regional Overview

Region wise, the global Aquaculture therapeutics market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. China is the leading in the aquaculture market which contributes around 61% of the global aquaculture market which is followed by Indonesia and India.

Aquaculture therapeutics market: Key Players

Some of the key players in global Aquaculture therapeutics market are TunaTech GmbH, ViAqua Therapeutics Ltd, Alpharma, Inc.

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 categories such as market segments, geographies, type of product and applications.

The report covers exhaustive analysis on:

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

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.

Aquaculture Therapeutics Market: Segmentation

The global Aquaculture therapeutics market has been classified on the basis of product type, end user and geography.

Based on product type, the global Aquaculture therapeutics market is divided into following:

  • Chorionic Gonadotropin
  • Formalin Solution
  • Florfenicol
  • Oxytetracycline
  • Tricaine Methane Sulfonate
  • Hydrogen Peroxide
  • Sulfadimethoxine/Ormetoprim combination

Based on the end user type, the global aquaculture therapeutics market is divided into following:

  • Veterinary Pharmacies
  • E commerce
  • Veterinary Clinics
  • Veterinary Hospitals

Passenger Vehicles to Command 74.3% of the Total Revenue Generated in Automotive Body in White Market through 2031

Future Market Insights, Dubai: As per recent data released by ESOMAR-certified consulting firm Future Market Insights (FMI), the global automotive body in white market size is projected to reach US$ 59.7 Bn in 2021. Driven by increasing automobile sales worldwide, the market is forecast to register growth at a 3.4% CAGR over the assessment period 2021-2031.

Despite increasing production in certain pockets, unimpressive automotive sales in mature markets and disruptions witnessed amidst COVID-19 have negatively affected the market for automotive body in white.

However, FMI projects steady recovery in sales and production as pandemic-induced restrictions are gradually lifted. According to the study, the market is expected to register 3.1% year-over-year in 2021.

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In addition, the implementation of BS-VI regulations and growing demand for passenger vehicles for private commute post-pandemic will continue driving the global automotive body in white market in the forthcoming years.

To curb rising concerns regarding environmental pollution and carbon emissions, government authorities have imposed stringent regulations in several countries. This has led to the increasing demand for sustainable and cleaner manufacturing processes and products.

The need for sustainable practices and products in the automotive sector is encouraging manufacturers to incorporate sophisticated technologies that will helping in controlling carbon footprint. These developments are expected to augment market growth in the coming years.

Besides this, the introduction of lightweight automotive components to improve fuel efficiency and overall mobility of vehicles, is resulting in increased sales. Lightweight vehicles offer easy maneuverability and are made of sustainable components. This trend is anticipated to bode well for the global automotive body in white market.

FMI has projected China to emerge as the biggest automotive body in white market in East Asia. Easy availability of low-cost raw material and expansion of manufacturing and production units in the country will continue pushing sales of automotive body in white.

“Automotive body in white sales are expected to surge in response to the increasing production of electric vehicles. In order to capitalize on existing opportunities, market players are likely to focus on strategic collaborations,” says a FMI analyst.

Key Takeaways:

  • On the basis of product type, the chassis segment is set to witness high growth, holding 53% of the total market share.
  • In terms of vehicle type, passenger vehicles are estimated to account for 74.3% of the total market share.
  • The U.S. is projected to dominate the North America automotive body in white market, offering an absolute $ opportunity of US$ 4,439 Mn during the assessment period.
  • Owing to increasing sales of automobiles in China, the automotive body in white market revenue in the country is anticipated to reach US$ 7.4 Bn between 2021 and 2031.
  • Germany is anticipated to lead the European automotive body in white market, creating an absolute $ opportunity of US$ 2.8 Bn in 2021.
  • The Indian automotive body in white market is projected to grow at a 3.9% CAGR, due to rising disposable income and increasing urbanization.
  • The automotive body in white market in Japan is estimated to expand at a 3.7% CAGR.
  • South Korea and Japan will collectively account for 9.1% of the global market share.

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Prominent Drivers:

  • Intensive research and development to develop lightweight and innovative automotive body components are anticipated to drive market growth.
  • Increasing sales of autonomous and hybrid vehicles will propel sales of automotive body in white in the upcoming years.

Restraints:

  • High costs associated with lightweight material and its production process might stunt market growth.

Competitive Landscape

Prominent players operating in the global automotive body in white market are focusing on production facility expansions to cater to the growing consumer demand. Apart from this, intensive research and development to develop innovative and unique products will remain a part of key players’ growth strategies during the forecast period. For instance:

  • In July 2021, Benteler International, a German metal processing specialist, launched a new door concept that eliminated the need for a B-pillar. The product is lighter than existing products in the market and offers improved material and safety features. The new product not only makes mobility light, safer and sustainable, but also makes vehicles more convenient and simplifies vehicle entry.
  • In July 2019, metal automotive components maker Gestamp Automoción opened a new production facility in Nitra, Slovakia, with an aim to improve production of aluminum automotive parts.

Leading players operating in Automotive Body in White Market profiled by FMI include:

  • Kirchhoff Automotive GmbH
  • Voestalpine AG
  • Benteler International
  • CIE Automotive
  • JBM Auto
  • ThyssenKrupp AG
  • Gestamp Automocion
  • Magna International Inc.
  • Dura Automotive Systems
  • Martinrea International Inc.
  • Autokiniton Global Group Multimatic Inc.
  • Futaba Industrial Co., Ltd.
  • H-One Co., Ltd
  • Shiloh Industries

More Insights on FMI’s Automotive Body in White Market

The latest market study on the automotive body in white market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global automotive body in white market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Product:

  • Body Structure
    • Bumper Beam
    • Crossmember
    • Roof Frame
    • Cross Car Beam
    • Others
  • Body Component
    • Quarter Panel
    • Floor Panel
    • Rocker Panel
  • Chassis

Vehicle:

  • Passenger Vehicles
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

Region:

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

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Key Questions Covered in Automotive Body in White Market Report 

  • The report offers detailed insights into automotive body in white market demand outlook for 2021-2031
  • The market study also highlights projected sales growth for automotive body in white market between 2021 and 2031
  • Automotive body in white market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Automotive body in white market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

Polyimide Fibers Market Promising Growth Opportunities over 2021 – 2031

According to latest study by Future Market Insights (FMI), the demand for polyimide fibers will increase at 4.9% CAGR between 2021 and 2031.

Increasing use of polyimide fibers in filter media, protective clothing, and insulation materials will drive sales in the market. Owing to its excellent heat resistance and flame retardant capacity, polyimide fibers application is expected to increase across diverse industries.

Polyimide fibers are extensively used in manufacturing of protective clothing such as outer shell of suits in the army, jackets of fire fighters, and industrial protective gears. Considering this, FMI has identified application in protective clothing to account for maximum sales in the market through the forecast period.

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However, limited availability of the product and complexity in manufacturing process owing to concentration of technology know how with few players is restraining the growth opportunities.

Key Takeaways from Polyimide Fibers Market Study
  • Global polyimide fibers market is expected to reach a valuation of US$ 486.6 Mn by the end of the forecast period, 2031.
  • Protective clothing will remain the dominant segment in terms of applications in the polyimide fiber market.
  • The U.S. will account for maximum polyimide fiber sales in North America.
  • The extraordinary growth in chemical industry of Asia Pacific is augmenting the sales of polyimide in the region.
  • China will emerge as one of the leading exporters of polyimide fibers. The China market is forecast to exhibit growth at 6.7% CAGR through the forecast period

 “Various governmental regulations imposed over emission control from vehicles, factories, and other sources are expected to increase the demand for materials used for filtration products such as polyimide fibers over the forecast period,” said an analyst at FMI.

Polyimide Fibers Market: Participant Insights

According to the Market Research analysis, Evonik Industries AG, Jiangsu Shino New Materials Technology Co., Ltd, Jiangsu Aoshen Hi Material Co. Ltd, Changchun Hipolyking Co., Ltd. and Ningbo Yide Fine Chemical Co., Ltd are identified as key players in the Polyimide Fibers market.

Among these companies Jiangsu Aoshen Hi Material Co., Ningbo Yide fine Chemical Co., Ltd, Evonik Industries AG, Changchun Hipolyking Co., Ltd., and Jiangsu Shino New Materials Technology Co., Ltd have emerged dominant. They are expected to account for maximum sales of polyimide through 2031.

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Want to Know More?

Future Market Insights has published a market research report on the Polyimide Fibers market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Polyimide Fibers market through three different segments-by Application, by End Use and by Region.

Polyimide Fibers Market by Category

By Application:

  • Filter Media
  • Protective Clothing
  • Insulation Material
  • Others

By End Use:

  • Construction
  • Power & Utilities
  • Chemical & Processing
  • Mining
  • Others

By Region:

  • North America
  • Latin America & Middle East & Africa (LAMEA)
  • Europe
  • Southeast Asia and Other APEJ
  • China
  • Japan

Global AI in Fraud Management Market to reach US$ 39.5 Bn by 2031

The AI in fraud management solutions revenue totaled ~US$ 6.5 Bn in 2020, according to Future Market Insights. The overall market is expected to reach ~US$ 39.5 Bn by 2031, growing at a CAGR of 18.0% for 2021 – 31.

The demand for AI in fraud management solutions will continue accelerating, increasing competition prevalent in the market. FMI has forecast the top 5 providers to account for around 55.5% of total market in 2020.

Sophistication in financial crimes, cyberattacks, and digital frauds are challenging the growth of several businesses worldwide. Growing concerns regarding digital frauds, despite technological advancements facilitating the ease of payment options or data access, calls for the deployment of fraud detection solutions.

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The increasing popularity of digital payment apps, cross-border transactions, and e-banking, the number of fraudulent cases involving data breaches, rising payment frauds, and identity thefts are likely to augment the demand for AI based fraud management solutions over the coming years.

The sales for AI based fraud management solutions is estimated to rise at 18.0% CAGR between 2021 and 2031 in comparison with 14.6% CAGR registered during 2016-2020.

The global AI in fraud management growth scenario is anticipated to witness an increase in revenue from ~US$ 7.5 Bn in 2021 to ~US$ 39.5 Bn by 2031.

The report also forecasts that the market will surpass a valuation of ~US$ 7.5 Bn by the end of 2021. As per FMI, rapid technological advancements in the IT & telecom industry have created prospects for AI in fraud management implementation. These technologies have become essential in improving economic competitiveness, thereby propelling the market growth.

AI in fraud management solutions can be utilized to detect and prevent fraud in real-time applications. AI capabilities help data scientists to determine which transactions are probably to be fake, while considerably reducing false positives.

These technologies are more effective in fraud detection and prevention. The solution providers are integrating cloud platform and AI as well as machine learning in the fraud management services for providing an advanced cloud-based application to the customers for financial compliances.

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Key Takeaways: AI in Fraud Management Market

  • By solution segment, the AI-powered fraud prevention software is anticipated to account for the leading share in the global demand for AI in fraud management during the forecast period. The segment estimated to grow at a robust CAGR of 18.6% through 2031.

  • The demand for AI in fraud management in small and medium enterprises (SMEs) is expected to rise at maximum pace as these organizations continue adopting AI in fraud management and cloud based solutions for better ROI.
  • Demand for AI in fraud management in IT & Telecom and BFSI sector is estimated to grow at impressive CAGR. Of these, BFSI industry is expected to account for leading share in AI in fraud management sales forecast during the forecast period.
  • North America is expected to lead the market followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
  • The market in Japan is expected to progress at a CAGR of 20% through 2031.
  • In the U.K., sales are expected to increase at a CAGR of close to 21% over the next ten years.

COVID-19 Impact Analysis on AI in Fraud Management Market

The COVID-19 pandemic outbreak has disrupted many industries, including the AI in fraud management industry. The COVID-19 pandemic is fueling the need for increased businesses towards online, and e-commerce therefore digital fraud has spiked.

AI in the fraud management market is expected to grow by 2.0X from 2020-2021 and would see a surge in demand amid the COVID-19 outbreak, as cloud-based AI fraud prevention becomes the new norm.

Hence, implementation of AI in fraud management tools would be highly valuable during the COVID-19 period due to several factors such as increasing use of electronic transactions amid pandemic crises, increased risks from remote access, and growing revenue losses due to fraudulent activities.

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Competitive Landscape
Leading players operating in AI in Fraud Management Market profiled by FMI include: IBM Corporation, Cognizant, Temenos AG, Capgemini SE, Subex Limited, JuicyScore, Hewlett Packard Enterprise, MaxMind,  Inc., BAE Systems plc, Pelican, SAS Institute Inc., Splunk,  Inc., DataVisor,  Inc., Matellio Inc., ACTICO GmbH.

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1,4-Diisopropylbenzene Market value is expected to total US$ 110.7 Mn in 2021, Says FMI Analyst

Growing demand for various forms of 1,4-Diisopropylbenzene from diverse industries, particularly  chemicals and electrical & electronics industries is projected to drive the 1,4-diisopropylbenzene market between 2021 and 2031, finds Future Market Insights (FMI) in a recent research study.

As per the study on 1,4-Diisopropylbenzene market is anticipated to exhibit growth at 3.8% CAGR during the coming assessment period.

The growing demand for synthetic lubricants and polymer products is benefiting the market due to the use of 1,4-Diisopropylbenzene as a solvent in paints, synthetic lubricants and polymers used in the automobile and construction industry.

However, stringent regulations imposed on the use of synthetic chemicals that are harmful for environment and human health, coupled with shifting consumer preferences towards cleaner and greener alternatives, is expected to control the sales of 1,4-Diisopropylbenzene.

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Key Takeaways from 1,4-Diisopropylbenzene Market Study

  • 1,4-Diisopropylbenzene market value is expected to total US$ 110.7 Mn in 2021
  • The U.S. is expected to remain a leading market, accounting for nearly 84.7% of sales in North America in 2021
  • Germany, France, and Russia are expected to exhibit steady growth in demand for 1,4-Diisopropylbenzene in Europe. Among these countries, Germany is expected to remain dominant
  • Application of 1,4-Diisopropylbenzene as chemical intermediate will account for maximum sales of nearly 32.6% in the market in 2021
  • China is expected to remain the leading market for 1,4-Diisopropylbenzene within East Asia through the course of the forecast period

1,4-Diisopropylbenzene application in chemical, electrical and electronics, paints & coatings, and other industries will continue driving growth prospects. In order to capitalize on existing opportunities, market players are focusing on mergers and acquisition. They also intend to expand their capacity through strategic collaborations,” said an analyst at FMI.

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1,4-Diisopropylbenzene Market: Participant Insights

According to the report, Eastman Chemical Company, Sagechem, Goodyear Chemicals, Syntechem Co. Ltd. Tokyo Chemical Industry Co. Ltd., Biosynth Carbosynth among others are identified as key players in the 1,4-Diisopropylbenzene market.

Key manufacturers are focusing on introducing improvements in the 1,4-Diisopropylbenzene to gain competitive edge. Since the market is very niche, some manufacturers are investing a significant amount in research and innovation to explore various applications field and many others are adopting strategic collaborations and agreements to share investments and resources to reduce the risk and increase the revenues in the market.

1,4-Diisopropylbenzene Market by Category

By Product Type:

  • Standard
  • High Purity

By Application:

  • Paints & Coatings
  • Electrical & Electronics
  • Chemical Intermediates
  • Solvents
  • Graphic Arts
  • Others

By Region:

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

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Want to Know More?

Future Market Insights has published a market research report on the 1,4-Diisopropylbenzene market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the 1,4-Diisopropylbenzene market through three different segments- by Product Type, by Application and by Region.

About Future Market Insights (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, and has delivery centers in the UK, 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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Over US$ 2.9 Bn Opportunity to Be Created by 2021 as Plastic Vials and Ampoules Market Regains its Pre-Pandemic Growth Status

As per a recent market analysis by Future Market Insights, (FMI), the global plastic vials and ampoules market is projected to expand at a 6.1% CAGR during the forecast period.

With high demand from the healthcare and personal care sectors, the market is projected to reach US$ 2.9 Bn in 2021, growing at a 5.5% CAGR in terms of volume. Increasing vaccine production across the globe is spurring demand for plastic vials and ampoules. Owing to this, the global consumption is projected to top 7.1 Bn units in 2021.

Applications of plastic vials and ampoules are not limited to hospitals, the personal care & cosmetics, chemical, and homecare products industries are actively adopting plastic vials and ampoules for retailing and storing products. Increasing demand from these sectors is propelling sales of plastic vials and ampoules, and the trend is projected to continue over the forecast period.

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However, the bulk of demand is registered in the packaging industry owing to the increasing demand for effective packaging solutions for sterile liquids. In addition to this, plastic vials and ampoules are used for packing solid and liquid medications such as tablets, capsules, powders, and antibiotic sterile solutions.

Plastic vials and ampoules make unit dosing and measured dosing more convenient. In comparison to glass vials, plastic vials have lesser chances of breakage, leakage, and glass leaching. Various advantages of plastic vials and ampoules over glass variants are propelling their applications in the healthcare and chemical sector. This is indicative of lucrative growth prospects likely in the global plastic vials and ampoules market in the forthcoming years.

As per FMI, the U.S. is projected to dominate the North America plastic vials and ampoules market. Growth in the U.S. can be attributed to the increasing plastic production, along with growing demand for convenient and lightweight packaging solutions in the pharmaceutical and personal care industries.

“Demand for high-grade plastic vials from the chemical industry for research and development activities will continue creating opportunities for sales of plastic vials and ampoules in the forthcoming years. Besides this, product innovations and customized solutions offered by market players will aid market growth over the forecast period,” says the FMI analyst.

Key Takeaways:

  • Based on material type, polyethylene plastic vials and ampoules are projected to hold approximately 30% of the total plastic vials and ampoules market share.
  • The healthcare segment and the personal care & cosmetics segment are anticipated to lead the end-use applications category. These segments are estimated to hold 40% and 30% of the total market share respectively.
  • The U.S. is estimated to dominate the North American plastic vials and ampoules market, holding 80% of the market share through 2031.
  • China is projected to create a total incremental opportunity of US$ 386 Mn in the East Asian plastic vials and ampoules market.
  • In the South Asian plastic vials and ampoules, India is projected to hold 40-45% of the market share over the forecast period.

Prominent Drivers:

  • Expansion of the packaging industry and demand for lightweight packaging solutions will continue boosting sales of plastic vials and ampoules.
  • Growing awareness regarding contamination-free dosing in the healthcare and pharmaceutical sector is anticipated to propel sales of plastic vials and ampoules.

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Competitive Landscape

Key players operating in the global plastic vials and ampoules market are investing in research and development activities to launch innovative products, catering to the increasing demand from various end-use sectors. In addition to this, mergers, acquisitions, and strategic collaborations are other strategies adopted by market players to expand their global presence. For instance:

  • In April 2021, Glassomer GmbH launched a glass-like plastic material that allows scientists to mold vaccine vials, sinuous channels for lab chemistry procedures, and other complex shapes.
  • In January 2021, Gerresheimer expanded its production facility by adding a new manufacturing plant for plastic containers in India. The company is aiming to expand its production of pharmaceutical primary packaging made of molded tubular glass and plastic at the new Kosamba plant near Mumbai.

Leading players operating in Plastic Vials and Ampoules Market profiled by FMI include:

  • Berry Global Inc.
  • West Pharmaceutical Services, Inc.
  • Pacific Vial Manufacturing Inc.
  • Aptar Group Inc.
  • Catalent Inc.
  • SiO2 Material Science
  • Shandong Pharmaceutical Glass Co., Ltd.
  • Tonbay Industry Co., Ltd.
  • LA Packaging
  • Thornton Plastics
  • Gerresheimer AG
  • Adelphi Healthcare Packaging
  • Schott AG
  • DWK Life Sciences GmbH
  • Amcor Plc
  • SGD Pharma
  • Stevanato Group
  • Origin Pharma Packaging
  • Bormioli Pharma S.p.A.
  • Nurrin pharmalab pty ltd

More Insights on FMI’s Plastic vials and Ampoules Market

The latest market study on the plastic vials and ampoules market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global plastic vials and ampoules market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Material Type:

  • Polyethylene
  • Polypropylene
  • Polycarbonate
  • Polyvinyl Chloride
  • Polystyrene
  • COC/COP

Product Type:

  • Vials
    • Up to 2 ml
    • 3 ml to 5 ml
    • 5 ml to 7 ml
    • 8 ml and above

End-use Applications:

  • Healthcare
    • Research Laboratories
    • Drug Manufacturing
    • Hospitals and Clinical Research
  • Personal Care & Cosmetics
  • Chemical Industry
  • Homecare Products

Region:

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

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Key Questions Covered in Plastic Vials and Ampoules Market Report 

  • The report offers detailed insights into plastic vials and ampoules market demand outlook for 2021-2031
  • The market study also highlights projected sales growth for plastic vials and ampoules market between 2021 and 2031
  • Plastic vials and ampoules market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Plastic vials and ampoules market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

Sales of Microalgae to Increase amidst Surging Adoption in Food And Beverage Industry

As indicated by Future Market Insights (FMI), the worldwide shipment of microalgae market will reach 63,864.60 DW tons before the finish of 2021. The microalgae composts section will develop at 8.7% CAGR to arrive at deals valuation of US$ 9479 Thousand, while deals of microalgae market in food and drink fragment will top US$ 99.623.30 Mn through 2021. 

Rising utilization of microalgae proteins and ingredients in the creation of drug, nutraceutical, and hydroponics items will be a key development driver. As hydroponics and creature feed enterprises are profoundly reliant upon plant-based added substances for higher healthy benefit, interest for microalgae-based ingredients pet food is expanding. 

Recently delivered e microalgae market investigation by Future Market Insights (FMI) has conjecture the worldwide interest for microalgae to add up to 63,864.60 DW tons by 2021. The Health and clinical fragment developed radically to reach 46,125.00 DW Tons, while the microalgae market in food and drink were up to 7,651.00 DW Tons in the time of 2021. 

Repel Nutraceuticals, DIC Corporation, Roquette Frères, BASF SE, and Fuji Chemical Industries Co., among others are distinguished as top microalgae market players. Developing purchaser mindfulness with respect to medical advantages of plant-inferred proteins will push deals of microalgae through 2031. 

Key Questions Covered in the Microalgae Market Report 

  • The report offers definite experiences into microalgae request standpoint for 2021-2031
  • The market concentrate additionally features projected deals development for microalgae market somewhere in the range of 2021 and 2031
  • Microalgae market review recognizes key development drivers, limitations, and different powers affecting winning patterns and assessment of flow market size and gauge and mechanical progressions inside the business
  • Microalgae piece of the pie examination of the vital organizations inside the business and inclusion of procedures like consolidations and acquisitions, jointendeavors, coordinated efforts or associations, and others

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Microalgae Market by Category

By Species Type:

  • Spirulina
  • Chlorella
  • Dunaliella
  • Haematococcus
  • Crypthecodinium
  • Schizochytrium
  • Euglena
  • Nannochloropsis
  • Phaedactylum
  • Others

By Source:

  • Marine Water
  • Fresh Water

By End Use Application:

  • Food and Beverages Sector
  • Health and Medical Sector
  • Animal Feed Sector
  • Pet Food Sector
  • Cosmetics and Personal Care Sector
  • Fertilizers Sector

By Region:

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

Poly Cotton Fabric Market Assessment and Key Insights Analyzed Till 2030

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Poly Cotton Fabric Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focusing on research and market study to produce different poly cotton fabric market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the poly cotton fabric market.

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Poly Cotton Fabric Market: Key Participants

Some of the key market participants in the global Poly Cotton Fabric market, identified across the value chain include:

  • Klopman International
  • Chenniappa Yarn Spinners (P) Ltd.
  • Filtech Fabrics Pvt Ltd
  • Eveready Spinning Mills Pvt Ltd
  • SAAM Textiles Pvt Ltd
  • Keetex Corporation
  • Valson Industries Ltd.
  • Duratex India
  • Reliance Industries Limited
  • Shahlon Group

The research report on the Poly Cotton Fabric market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The poly cotton fabric market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, aircraft type, and sales channel.

Poly Cotton Fabric Market: Segmentation

The global Poly Cotton Fabric market can be segmented on the basis of material size, application and distribution channel.

Material size:

  • Less than 5 inch
  • 5-10 inch
  • 10-20 inch
  • 20-30 inch
  • More than 30 inch

Application:

  • Clothing and apparels
  • Bed Sheets and pillow covers
  • Curtains and drapes
  • Other

Distribution channel:

  • Online
  • Offline

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Queries Solved

What is the size of the overall Poly Cotton Fabric Market in the Chemicals & Materials Market and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities, and challenges of the Poly Cotton Fabric Market in the Chemicals & Materials Market, and how they are expected to impact the market?

What are the attractive investment opportunities within the Poly Cotton Fabric Market in the Chemicals & Materials Market?

What is the xyz Market in the Food and Beverage Market size at the regional and country-level?

What are the key market players focusing on?

What are the strategies for growth adopted by the key players in Poly Cotton Fabric Market in the Chemicals & Materials Market?

What are the recent trends in Poly Cotton Fabric Market in the Chemicals & Materials Market? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Poly Cotton Fabric Market in the growth of the Chemicals & Materials Market?

What are the key market trends impacting the growth of the Poly Cotton Fabric Market in the Chemicals & Materials Market?

Market Background        

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Methane Sulfonic Acid Market 2021 Development Status, Competition Analysis, Type and Application 2031

The methane sulfonic acid market value to surpass US$ 706.8Mn in 2021. The methane sulfonic acid market is anticipated to be driven by growing demand from industrial and pharmaceuticals sectors. It is likely to register a growth at 4.9% CAGR during the assessment period, from 2021 to 2031.

FMI also forecasts the global methane sulfonic acid market is expected to register year-on-year growth of 4.6% in 2021. Demand for methane sulfonic acid will surge as industries are aiming for emission control and waste reduction. Considering this, FMI has projected the methane sulfonic acid market valuation to reach US$1.13 Bn by 2031. 

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2016-2020 Methane Sulfonic Acid Market Outlook Compared to 2021-2031 Forecast 

Demand for methane sulfonic acid grew at 2.5% CAGR between 2016 and 2020. Sales prospects were dampened in 2020 due to the outbreak of COVID-19, which reduced methane sulfonic acid demand from several industries. However, in the coming years the methane sulfonic acid market is expected to bounce back as demand increases in the electronics and pharmaceutical sectors.

Increasing use of methane sulfonic acid in electroplating is projected to propel sales at 5.1% CAGR over the forecast period, from 2021 to 2031. Significant growth in the electroplating, pharmaceuticals, and chemical-biodiesel production has positioned East Asia, especially in China, as a key consumer of methane sulfonic acid.

methane sulfonic acid market
Will Demand from Electroplating and Pharmaceutical Segments Continue Driving Methane Sulfonic Acid Market? 

Production of consumer products and electronic appliances has increased and so did the consumption of methane sulfonic acid. The popularity of electronic appliances such as laptops, smartphones and other items among millennials and people of all age is expected to grow, creating prospects for application of methane sulfonic acid.

Changing lifestyle and preferences with increasing disposable income are major factors responsible for growth of the methane sulfonic acid market. Methane sulfonic acid is a key component used in electroplating done on these products. Against this backdrop, surging demand for electronic appliances will boost opportunities for sales in the market.

Expansion of the pharmaceutical industry in the last few years also has boosted the consumption of methane sulfonic acid as it is a crucial element that goes in the production of drugs.

It is used as an intermediate for various medicines. The COVID-19 outbreak was unprecedented and has given enough reasons to take care of health and wellbeing. Following the pandemic, people have become more aware about the importance of maintaining a healthy lifestyle.

Increasing production of drugs and medicines is therefore on cards, which is expected to bolster the growth of the methane sulfonic acid market in near future. Due to its superior chemical and physical properties, it is used in different processes as it does not emit toxic gases. Moreover, waste generated from this acid is recyclable hence it reduces the cost required for waste treatment.

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Methane Sulfonic Acid Market Competitive Landscape 

Key players are focusing on reducing carbon emission by increasing waste utilization in their manufacturing processes. The methane sulfonic acid market participants also are enhancing their global presence through expanding their production capacities, mergers, acquisitions, strategic collaborations, hybrid distribution channels, and partnerships. For instance:

  • In January 2020, as already announced at the end of 2018, BASF will proceed with the expansion of global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. The volumes from the additional capacity are expected to be available from the end of 2021 and are dedicated to mainly serving European customers as well as the rapidly growing Asian methane sulfonic acid market.
Methane Sulfonic Acid Market by Category 

By Grade:

  • Industrial grade Methane Sulfonic Acid
  • Pharmaceutical grade Methane Sulfonic Acid

By Product Form:

  • Solid Methane Sulfonic Acid
  • Liquid Methane Sulfonic Acid

By Application:

  • Electroplating
  • Pharmaceuticals
  • Chemical Synthesis
  • Biodiesel Production
  • Others

By Region:

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

Key Questions Answered in the Report

What is the current methane sulfonic acid market value?

What is the current market share of South Korea and Japan in the global methane sulfonic acid market?