Bridge Expansion Joints Market valuation of around US$1500 Mn by the end of 2031 : FMI

Future Market Insights (FMI) forecasts that the bridge expansion joints sales will accelerate at 1.5x in the next ten years, reaching the market valuation of around US$1500 Mn by the end of 2031.

Implementation of bridge preservation partnership programs between original equipment manufacturers (OEMs) and end-users will drive the market, yielding a year-on-year (YoY) growth rate of 3% in 2021.

China leads the global bridge expansion joints market as a result of growing investments in transportation and infrastructure development. The market in China is anticipated to hold nearly one-fifth of the value share in the global market during the forecast period.

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The estimated value of the bridge expansion joints market in 2021 is US$ 990.8 Mn and the market is expected to expand at a CAGR of 5.5% during the forecast period from 2021 to 2031.

Global Bridge Expansion Joints Market Forecast

Market insights suggest that the overall size of the global bridge expansion joints market will expand over the forecast period. Several positive changes are expected to fuel the growth of the global bridge expansion joints market.

By region, China is projected to dominate the global bridge expansion joints market over the forecast period. China, followed by Western Europe, is estimated to remain the most opportunistic region in the bridge expansion joints market. In terms of value, China is projected to create an incremental $ opportunity worth US$ 130.9 Mn in the global bridge expansion joints market during the forecast period. The Middle East & Africa (MEA), followed by Latin America, are projected to grow at a significant CAGR over the forecast period in the global bridge expansion joints market.

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By type, the closed type expansion joints segment is projected to dominate with a value of US$ 371.9 Mn in 2021. However, the open joints segment is projected to account for more than 40% share in the global bridge expansion joints market during the forecast period. In terms of growth, open type bridge expansion joint segment is projected to grow with a modest growth rate during the latter half of the forecast period.

By application, the roadway bridges segment is projected to dominate the global bridge expansion joints market. In terms of volume, the demand from the roadway bridges segment is projected to be pegged at 12,604 ‘000 meters by the end of 2031. In terms of value, the railway bridges segment is projected to create an incremental $ opportunity worth US$ 118.8 Mn in the global bridge expansion joints market over the forecast period. Under the application segment, the roadway bridges sub-segment is expected to grow with a remarkable growth rate in the global bridge expansion joints market owing to increasing roadway networks in developing regions.

Competitive Landscape

Some of the key players involved in the manufacturing of bridge expansion joints and included in this study are Trelleborg AB, Canam Group Inc., Ekspan Ltd., Freyssinet Limited, Granor Rubber & Engineering Pty. Limited, Gumba GmbH & Co. KG, KantaFlex (India) Private Limited, Mageba SA, Metal Engineering & Treatment Co. Pvt. Ltd., ZaoqiangDacheng Rubber Co., Ltd., RJ Watson, Inc., TensacciaiS.r.l., Maurer SE and Watson Bowman Acme Corp.

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Global Bridge Expansion Joints Market Dynamics

Increasing investments for infrastructural development across the globe will act as a catalyst for the overall growth of the bridge expansion joints market during the forecast period. Moreover, increasing construction activities in developing regions, such as SEA & pacific, are estimated to fuel the growth of the bridge expansion joints market over the forecast period.

On the flip side, one of the key challenges faced by the manufacturers of bridge expansion joints is that the upper layer of steel expansion joints corrodes when exposed to salts or de-icing salts. This is anticipated to be the primary factor hampering the growth of the bridge expansion joints market over the forecast period. Moreover, bridge expansion joints require high logistics costs due to their heaviness, which is another factor anticipated to act as a restraining factor for the growth of the bridge expansion joints market in near future.

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 centres 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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Stacker Crane Market to reach USD 2022.48 million in 2032; Asia to Lead the Industry’s Growth

The Stacker Cranes Market is expected to grow at a CAGR of 7%, from an estimated USD 976 million in 2021 to USD 2022.48 million in 2032.

Attributes Details
Stacker Crane Market CAGR (2022 – 2032) 7%
Stacker Crane Market (2032) US$ 2 Bn
Stacker Crane Market Attraction Growing need for smart logistics to remain a key driver.

“The need for stacker cranes in the large warehouses rose significantly as manufacturers expand their business and diversify. Moreover, the stacker crane system is proven to be swift and precise in order picking and storage, enabling their increased use in the e-commerce industry.”

The demand for efficient logistics and warehousing solutions has increased due to population growth and economic development, which has resulted in an increased need for stacker cranes.

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ASRS reduces the need for human interaction in basic tasks such as exact storage of an item at a preset place, retrieval of an item, and transporting commodities to certain processing or interface locations using a stacker crane system. As a result, ASRS deployment lowers labor costs and increases space utilization. The use of ASRS systems and the adoption of stacker cranes are projected to be driven by rising warehouse rents and decreasing warehouse availability.

Stackers provide better accessibility in closed and compact places, maybe readily moved from one position to another, are less expensive to operate, and are simple to maintain. Furthermore, in recent years, the requirement for safe and effective material handling equipment in numerous cross-industry verticals has increased the sales of stacker cranes.

These benefits are expected to propel the stacker crane market size further in the coming years. Furthermore, technological improvements and innovations in stackers provide profitable growth prospects for market participants. However, the rising trend of forklift use is expected to stifle market growth.

The expense of installing a stacker crane design is expensive at first. Setting up this system needs precision, which necessitates the use of expert staff. In addition, maintaining and updating numerous subsystems is often prohibitively expensive for businesses. Small and medium-sized businesses find it challenging to make such large investments. Stacker crane systems, storage units, and racks are all included in the initial price of an automated storage and retrieval system.

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Installing a stacker crane warehouse and system has a hefty upfront cost. This technology demands precise setup, which necessitates the use of experienced staff. In addition, the expense of maintaining and updating numerous subsystems is frequently significant for businesses. For small and medium-sized businesses, making such large investments is tough. As per the stacker crane market trends, storage units and racks are among the high-cost initial components of an automated storage and retrieval system.

Key Takeaways:

  • Owing of rising usage in China and India, the Asia Pacific is expected to occupy the greatest share of the stacker crane market opportunities by 2027.
  • The single-column segment will have the biggest stacker crane market share during the projected period. Due to its application in the fast-moving goods industry, the single-column category is likely to have a large market share over the forecast period.
  • New product developments and expansions will provide profitable prospects for market players in the next five years.
  • Emerging Trends in the stacker crane market predict rising demand for automated storage and retrieval solutions.
  • The fastest-growing segment is projected to be automatic stacker cranes. The automatic stacker crane is a low-energy mechanism that stores and retrieves items in a single cycle.

Competitive Landscape

Swisslog AG (Switzerland), Daifuku Co. Ltd (Japan), Murata Machinery Ltd (Japan), and Kion Group AG dominate the stacker crane market (Germany).

Stacker crane market demand analysis indicates that these organizations provide turnkey crane automation services and extensive global distribution networks. These organizations have implemented broad expansion tactics, including collaborations, partnerships, and mergers and acquisitions, to gain traction in the developing market for stacker cranes.

  • AFT Industries, a supplier of material handling equipment to car manufacturers, signed a strategic collaboration deal with Daifuku Industries in February 2021.
  • Doosan Logistics Solutions announced a strategic agreement with Chinese robotics firm Greek+ in November 2020 to sell and maintain autonomous logistics robots in South Korea. Greek+ has a 16 percent share of the autonomous mobile robot market. The acquisition is intended to boost its product range and help it retain its position in the logistics and automation sector using stacker crane market adoption trends.

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Key Segments

By Operation Type:

  • Semi-automatic
  • Automatic

By End-use Industry:

  • Consumer Goods
  • E-commerce/Retail and Wholesale
  • Pharmaceutical
  • Automotive
  • Others

By Application:

  • Autostart
  • Early Baggage Storage (EBS)
  • Sortation System
  • Robotized Order Preparation

By Type:

  • Single Column
  • Double Column

By Region:

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

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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HDL Cholesterol Kits Market is Expanding at a Healthy 4.8% CAGR, the Market Size is Projected to Total US$ 786.2 Million by 2022-2029

The growth of the HDL cholesterol kits market can be attributed to the increasing prevalence of atherosclerosis due to high cholesterol level, which favours the demand for cholesterol testing. According to the latest research by FMI, the global HDL cholesterol kits market is expected to be valued at US$ 786.2 Mn by the end of 2029. The HDL cholesterol kits market is expected to expand at a CAGR of 4.8% during the forecast period 2022-2029.

The increasing incidence of obesity and hyperlipidaemia among people is boosting the need for cholesterol testing, which is driving the growth of the HDL cholesterol kits market. The prevalence of obesity has increased from 33.7% in 2007-2008 to 39.7% in 2015-2016 among adults in the U.S. The increasing prevalence of obesity also increases the risk of cardiovascular disorders, high blood pressure, and hyperlipidaemia.

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Moreover, the prevalence of hyperlipidaemia is high among the obese population. Nearly 60-70% of patients suffering from obesity have hyperlipidaemia. Other factors, such as growing awareness programs for cholesterol testing and growing cholesterol testing among diabetic patients, are also propelling the growth of the HDL cholesterol kits market.

Rise of ‘Regular Health Check’ Trend Uplifts Prospects in East Asia

Low awareness in middle- and low-income countries about cholesterol testing and other healthcare testing are also among the major factors that are expected to hamper the growth of the HDL cholesterol kits market.

There is low awareness about diseases such as dyslipidaemia and hypercholesterolemia in middle-income countries and rural areas. Moreover, the chances of errors and inaccuracy in HDL cholesterol testing methods, such HDL cholesterol precipitating method, are among factors expected to restrain the growth of the HDL cholesterol kits market.

The North America HDL cholesterol kits market gain a maximum value share in 2021. However, the East Asia HDL cholesterol kits market expected to witness prominent growth owing to the higher demand for cholesterol testing in countries such as China and Japan.

Developing countries, such as China and India, represent a significant growth rate in the HDL cholesterol kits market due to the growing adoption of regular healthcare testing. The Middle East & Africa HDL cholesterol kits market is expected to witness a sluggish growth rate as compared to other regions.

The global HDL cholesterol kits market has been studied based on the product type and end user. Based on the product type, the HDL cholesterol kits market has been segmented into HDL cholesterol precipitating reagent kit, HDL cholesterol direct reagent kit, and HDL and LDL/VLDL assay kit.

The HDL and LDL/VLDL assay kit product type segment is expected to hold a prominent share in the global HDL cholesterol kits market. Based on end user, the HDL cholesterol kits market has been segmented into hospitals, clinics, and diagnostic laboratories. In terms of revenue, the hospitals segment of the HDL cholesterol kits market was a significant market for HDL cholesterol kits in 2021.

Partnerships and Acquisitions Governing the Competition Landscape

Some of the key players operating in the HDL cholesterol kits market are Diazyme Laboratories, Inc., Randox Laboratories Limited, Fujifilm Holding Corporation, Thermo Fisher Scientific, Abcam plc., Merck KGaA, Abbott Laboratories, Danaher Corporation (Beckman Coulter Inc.), PerkinElmer, Inc., and Hoffmann-La Roche Ltd.

Players in the HDL cholesterol kits market are focusing on partnerships and acquisitions with regional and global players to increase their sales worldwide. For instance, through the acquisition of Wako Pure Chemical, Fujifilm Holding Corporation expand its presence in the life science and chemical sectors.

The manufacturers of HDL cholesterol kits are focusing on the expansion of their presence in key markets such as the Asia Pacific, the Middle East, and Europe through distribution agreements and the opening of new manufacturing facilities.

The manufacturers of HDL cholesterol kits are also focusing on the development of point-of-care testing as it is more helpful and convenient for making quicker decisions. Moreover, HDL cholesterol kits industry stakeholders are focusing on the addition of direct reagent kits in their product portfolios.

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

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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Global Mobile Cranes Market is set to expand at nearly 6% CAGR through 2031 : FMI Report

Mobile Cranes Market is set to expand at nearly 6% CAGR through 2031. The latest edition of the mobile crane market study builds upon the previous, widely cited report by Future Market Insights (FMI). After the unprecedented events of 2020, it has become important to capture the impact of COVID-19 and recalibrate our findings with the actual market scenario.

According to the study, recovery in construction, shipping, and oil & gas will be key to mobile crane sales in 2021. Vaccination programs and optimism that China and India may not be heading for a second pandemic wave have raised hopes of a recovery in 2021. However, the slowdown induced by the pandemic will entail a long road to recovery, and in FMI’s survey with manufacturers and stakeholders, this sentiment was palpable.

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China Remains a Key Market for Mobile Crane Manufacturers

Early recovery and lowering fears of a second wave have given China an edge over the US and Europe in terms of COVID-19 economic recovery. Further, the government in China is heavily investing in road and infra projects, which has led to a spike in heavy equipment machinery.

According to FMI’s analysis, mobile crane manufacturers are looking to strengthen their position in APAC to offset the weakness in the US and Europe. China, along with India is likely to see heightened activity from market players during the next decade.

Key Takeaways from Study

Crawler cranes continue to be a top-selling category All-terrain mobile cranes to emerge lucrative in terms Recovery in construction sector key to growth in APEJ (the Asia Pacific Excluding Japan) to exhibit fastest growth rate through 2031 with its epicentres in China & India The United States to hold the major share in the North American mobile cranes industry Germany to maintain its lead in the mobile crane’s industry of Europe The United Kingdom, Canada, Japan, France, and a few others to maintain positive outlooks for the mobile crane’s industry

“While the increase in requirement from residential, commercial, and industrial construction sectors is spurring the growth of mobile crane manufacturers, availability of new products with wider variety is driving more potential buyers to this industry. This, in turn, is creating unlimited new opportunities for stakeholders in the mobile cranes market,” says an FMI analyst.

Oil & Gas Industry will Provide Long-term Momentum

The oil & gas industry is a dominant end-use industry of mobile cranes, will be key to mobile crane sales in the long term. According to the report titled “Oil 2020- Analysis” published by the International Energy Agency (IEA) in March 2020, the global oil demand is expected to rise by a total of 5.7 mb/d, with China and India accounting for about half of growth.

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As stated in the report, the world’s oil production capacity is expected to rise by 5.9 mb/d, while Non-OPEC supply will rise by 4.5 mb/d, and OPEC will build another 1.4 mb/d of crude and natural gas liquids capacity. These figures reveal the high potential of the mobile crane industry.

Mobile Cranes Market Segmentation by Category

Product Type

Truck Cranes All-Terrain Cranes Rough Terrain Cranes Crawler Cranes Others

Application

Construction Industry Oil & Gas Industry Shipping & Port Building Others

Region

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

Who is Winning in this Space?

The global mobile cranes market is extremely competitive. As key market players are focusing on increasing their sales footprint further, they are coming up with a wide variety of products.

For instance,

Liebherr Group launched its new LTM 1150-5.3 Wheeled Mobile Telescopic Crane in 2020 Terex Corporation announced the selling of its Demag® Mobile Cranes Business to increase its profitability in 2019, while they launched a new range of products such as TEREX® Rough Terrain Cranes, TEREX® Tower Cranes, and others

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More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the global mobile cranes market, providing historical data from 2016 through 2020 and forecast statistics for the period of 2021-2031. To understand the global market potential, its growth, and scope, the market is segmented based on product type (truck cranes, all-terrain cranes, rough terrain cranes, crawler cranes, and others) and application (construction industry, oil & gas industry, shipping & port building, and others), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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 centres 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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Foodservice Equipment Sales to Expand at Healthy Rate Through 2029, Compact and Multifunctional Models to Gain Traction : FMI

Evolving food industry trends and changing dynamics of manufacturing and delivering methods in the foodservice industry are primarily shaping the market for food service equipment. Sales would multiply at a promising CAGR of over 5.3% during 2022 – 2029, as projected by a new Future Market Insights (FMI) report.

Foodservice Equipment Market Size (2022E) US$  42,914.10 Mn
Foodservice Equipment Market Size (2029F) US$  61,669.7 Mn
Value CAGR (2022-2029) 5.3%
Collective Value Share: Top 3 Countries (2022E) 78.5%

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Most restaurant owners are shifting towards smaller-sized kitchen equipment to optimize their space and perform multiple functions at the same time. Operators of food trucks and pop-up restaurants are on the lookout for equipment that can easily fit on a countertop and free up square footage for other essentials. These trends will remain pivotal in the market build-up over the following years.

Key Takeaways – Foodservice Equipment Market Study

  • Food tourism – a new global trend especially in millennials has played a vital role in driving interest in food experiences and has led to increasing in the number of food tour companies. This increase will continue to push demand for professional foodservice equipment for proper food handling and hygiene.
  • Automatic, wireless, and aesthetic designs in foodservice equipment that fit in smaller floor spaces, and are amenable to rules set by regulatory bodies such as NSF, will gain more significance.
  • The emergence of equipment with multifunctional capabilities will weigh heavy on conventional models shortly.
  • To gain an edge over the competition and increase efficiency, restaurants and hotels are upgrading and replacing old foodservice equipment with convenient digital touch control foodservice equipment.
  • By eliminating the usage of natural resources, key players are focused on introducing new equipment with energy efficiency capabilities, leading to improved cooking and production time.
  • North America is projected to be a prominent regional market for food service equipment, owing to high demand for replacement and renovations, along with aftermarket parts and service offerings, especially in the U.S.

The demand for foodservice equipment is mainly defined by renovation activities and miniaturization of the equipment to fit in relatively small floor spaces. Product customization, with new space-saving installations in accordance with standards, rules, and codes will play an important role in the value chain of the market.

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Foodservice Equipment Market: Participant Insights

With more small-scale manufacturers having similar product offerings, the market structure would remain fragmented. Furthermore, the increasing number of players in the foodservice equipment market has been pushing manufacturers to include forward integration in terms of services and installation, by offering aftersales support.

In terms of revenue, significant players such as Middleby Corporation, Welbilt, Ali Group S.r.l., ITW Food Equipment Group, AB Electrolux, Hoshizaki Electric Co., Ltd, Qingdao Haier Co., Ltd, and Rational AG together hold a significant share of the market pie, backed by well-established sales networks and long-term partnerships with consumers.

Top manufacturers are strategically acquiring regional players to expand their global presence. For instance, Middleby Corporation has acquired Seattle-based Synesso, a designer and manufacturer of semi-automatic espresso machines. The company also acquired Brewtech, a market leader in professional craft brewing and beverage equipment, and Powerhouse Dynamics, Inc a leader in cloud-based IoT solutions for the foodservice industry.

Know More About Foodservice Equipment Market Report

The global food service equipment market report brings to fore an unbiased analysis of the global foodservice equipment market, contributing comprehensive information with historical demand data for 2014-2021, and forecast statistics for 2022-2029.

The research study offers insightful aspects of global foodservice equipment based on various categories such as equipment type, end-use, sales channel, and region. A detailed value chain analysis regarding procurement, pricing analysis has been presented in the report.

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Foodservice Equipment Markey by Category

By Equipment Type:

  • Food Preparation Equipment
    • Slicers & Peelers
    • Mixers & Grinders
    • Food Blenders
    • Processors
    • Others
  • Drink Preparation Equipment
    • Drink Blenders
    • Juicers
    • Ice Crushers
    • Others
  • Cooking Equipment
    • Grills
    • Fryers
    • Ovens
    • Toasters
    • Others
  • Heating & Holding Equipment
    • Warmers
    • Merchandisers
    • Sauce Dispensers
    • Others
  • Refrigerators & Chillers
  • Baking Equipment
  • Merchandisers
  • Dishwashers
    • Semi-Integrated
    • Fully Integrated
    • Countertops/Benchtop & Portables
  • Other F&B Service Equipment

By End Use:

  • Full-Service Restaurant & Bars
  • Quick Service Restaurant
  • Indoor and Outdoor Caterers
  • Hotels & Resorts
  • Club Restaurants
  • Commercial Canteens
    • Institutions & Offices
    • Hospitals
  • Transportation
    • Airways
    • Ships
    • Railways

By Sales Channel:

  • Physical Stores
  • Online Platforms

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East and Africa

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 centres 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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Marine Fire Extinguishing System Market: Global Industry Analysis and Opportunity Assessment; 2018 – 2028

Marine Fire Extinguishing System Market: IntroductionThe marine fire extinguishing system is the safest tool for safeguarding the livelihoods, engine room, gas turbine, propulsion unit, pump and control room, motors and generators, and cargo. Primarily carbon dioxide-based marine fire extinguishing system was extensively used for the safety of fire and flame risks, and due to chemical reactions and recent advancements, inert gases are used.

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Marine fire safety involves the marine fire extinguishing and suppression systems for the protection of engine rooms, machinery space and other marine assets. The deployment of a marine fire extinguishing system for rough sea conditions is a challenging scenario. Maintaining the safety of sensitive equipment by using Novec fire suppression system as they do not conduct electricity, are non-corrosive, and reduces the damages to sensitive equipment.

The technological advancements in marine fire extinguishing system with fully automatic and fixed marine fire extinguishing system supports the safety of boats and ships. The pre-engineered solutions and wireless detection support the sales of marine fire extinguishing systems in recent times. The periodic development with no waste deposition will drive the marine fire extinguishing system.

Marine Fire Extinguishing System Market: Market Dynamics

The global marine fire extinguishing system market is reaching maturity stage in the European and other developed countries such as the U.K., France, Germany, the U.S. and Italy. The driving factor for the marine fire extinguishing system market is it reduces the risks of assets and humans with periodic servicing of the marine fire extinguishing system. The market is having a major growth momentum in the Asian countries as the technological advancements in marine fire extinguishing system helps in securing safety by avoiding flames.

The boats and cargo vessels are the driving force for the sales of marine fire extinguishing systems globally as they are installed in large numbers. It is followed by other ships and vessels as sea transport is gaining traction due to the growing population and global trade scenario. The growth of connectivity and online sales channel is also driving the sales of marine fire extinguishing systems.

Marine Fire Extinguishing System Market: Regional Outlook

The Asian market is the key marketplace for the global marine fire extinguishing system market. The manufacturers from China are driving the sales of marine fire extinguishing systems in the Asian market. Currently, ship and boat manufacturers from Asia are the leading end-users of marine fire extinguishing systems. It is expected that this trend will continue in the forecast period due to increasing trade in countries such as India, Indonesia, Vietnam, Thailand, and Malaysia.

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The regulations that are levied to maintain the safety of human labour will drive the installation of a marine fire extinguishing system. The safety regulations laid by the European Union positively impact the growth of the marine fire extinguishing system market. The developed economies such as the US, the UK, France, Germany, and Japan are looking for sales of customized boats and yachts which will directly support the installation of marine fire extinguishing systems. In addition to that, the growing tourism and fisheries sector will positively drive the adoption of a marine fire extinguishing system.

Marine Fire Extinguishing System Market: Key Market Participants

Some of the key market participants in the global marine fire extinguishing system market are:

  • Asiatic Fire System Pte Ltd.
  • Bulbeck Group
  • Fire Protection Technologies
  • Fireboy-Xintex
  • Firetronics
  • Giselle
  • Global Marine Safety Pte. Ltd.
  • Hawk Marine Pte Ltd
  • Kidde-Fenwal Inc.
  • Marine Fire Safety
  • SAFETY INTERNATIONAL HOLDING PTE LTD
  • Sea-Fire
  • Tyco

The research report presents a comprehensive assessment of the marine fire extinguishing system 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, material type, temperature range, and end-use.

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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, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • The Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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 an 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.

Marine Fire Extinguishing System Market: Market segmentation 

The global marine fire extinguishing system market can be segmented into type and application.

Based on type, the global marine fire extinguishing system market is segmented into:

  • Fixed
  • Portable

Based on operation, the global marine fire extinguishing system market is segmented into:

  • Automatic
  • Manual

Based on chemical type, the global marine fire extinguishing system market is segmented into:

  • Water
  • Foam
  • Powder
  • CO2
  • Wet chemical
  • Halogen

Based on application, the global marine fire extinguishing system market is segmented into:

  • Boats
  • Yachts
  • Ships
  • Cargo
  • Vessels

Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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 centres 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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Prefilled Formalin Vials Market is slated to increase at a CAGR of 4.1% to reach a valuation of US$ 515.8 Million in the Time Period of 2022- 2028

The growth of the healthcare industry is expected to play a vital role in shaping the future prospects of the prefilled formalin vials market. Formalin is a derivative of formaldehyde, and prefilled formalin vials are used for tissue fixation. According to a latest research by Future Market Insights (FMI), the global prefilled formalin vials market is projected to account for over US$ 515.8 Mn, in terms of value, by 2028 end. The report on prefilled formalin vials market projects significant growth potential with average compound annual growth rate pegged at 4.1% through 2028.

Prefilled Formalin Vials Market: Overview

According to the new European rules and guidelines, it is essential to protect the environment and the health of the workers who work in an environment where they are directly exposed to aldehydes. Emission of formalin fumes in pathology labs can lead to serious health hazards. The discharge of these fumes can be avoided by using chemical hoods, particularly in operation theatres, where formalin is mostly used. The need to lower the level of formalin emission has surged the demand for prefilled formalin vials, and the growth of the prefilled formalin vials market.

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In the medical ambulatories including ambulatory surgical centers where small biopsies are performed, the challenges associated with formalin usage are dealt primarily by using prefilled formalin vials or tubes. Direct exposure to formalin increases the risk of developing cancer. Prefilled formalin vials limit the risk of direct exposure to formalin. This factor, in particular, is likely to play an instrumental role in driving the growth of the prefilled formalin vials market.

The prefilled formalin vials can be used for diversified applications in distinct end-use settings such as forensic labs, CROs, emergency medical services, diagnostic laboratories, and veterinary laboratories, among others. Formalin being a cost-effective method of histopathological diagnosis plays a vital role in the healthcare industry, as it cuts down the unnecessary costs associated with the procedural changes related with the usage of new alternative fixatives. In the European Union (EU) in 2021, 971,000 workers were estimated to be exposed to formaldehyde above the background level.

Out of these, 175,380 were registered in Italy. Formaldehyde is commonly known to have acute toxicity, resulting in sensory irritation in the eyes and upper respiratory tract. The demand for formalin from veterinary clinics and forensic laboratories has remained stable, but is likely to decline in the near future. This is primarily to due to strict regulations regarding the usage of formalin across the globe.

Prefilled Formalin Vials Market: Segmental Analysis

Prefilled formalin vials are commercially available in different packaging forms in the global prefilled formalin vials market. Of these, 90 – 500 mL prefilled formalin vials are high in demand in the global prefilled formalin vials market, owing to the fact that there is no alternative fixative validated to be served as formalin replacement. Likewise, the 40 – 60 mL prefilled formalin vials segment is also projected to hold significant revenue share as their adoption is increasing in diagnostic and forensic laboratories.

Diagnostic laboratories and CROs performing cancer research and diagnostics are the primary consumers of prefilled formalin vials. According to FMI, the contract research organizations segment accounted for over 28.8% revenue share in the global prefilled formalin vials market in 2021.

Formalin is a cost-effective method of histopathology diagnostic in the West and East Asia, owing to which the demand for prefilled formalin vials has increased in the region. Furthermore, the growing incidence of cancer in Asia Pacific due to changing lifestyle of people is likely to boost the growth of the prefilled formalin vials market in the region. Presence of large number of companies with sole focus on providing high-quality prefilled formalin vials and rising disposable income in Japan are factors expected to surge the demand for prefilled formalin vials in the country.

FMI has segmented the global prefilled formalin vials market based on product type and end users. In terms of revenue, the 90 – 500 mL product type segment in the prefilled formalin vials market is expected to hold significant share over the forecast period. In contrary, the <10 mL product type segment in the prefilled formalin vials market is expected to exhibit limited investment opportunities, in terms of revenue, through 2028.

Prefilled Formalin Vials Market: Key Players

The report tracks some of the key companies operating in the prefilled formalin vials market, such as Diapath S.p.A, Histo- Line Laboratories Srl, Cardinal Health, Inc., Leica Microsystems Sales GmbH (Leica Biosystems Nussloch GmbH), Genta Environmental Ltd., Carl Roth GmbH + Co. KG, Magnacol Ltd., Serosep Limited, Ultident Scientific and Solmedia Limited.

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

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.

Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
​United Arab Emirates
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For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Gate Type Oil & Gas Valves to Discover Remunerative Opportunities through 2029 : Projects FMI

The global oil & gas valves market is expected to surpass US$ 12,517 Mn by the end of 2022. Demand for oil & gas valves in the global market is projected to surge at 3.5% CAGR during the forecast period 2022-2029.

Future Market Insights’ (FMI) market study titled, ‘Oil & Gas Valves Market: Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029’, analyses the global oil & gas valves market, and provides an in-depth analysis on the forecast period of 2019-2029.

Also, the oil & gas market research report assesses the prominent forecasting factors that are projected to further augment the growth of the oil & gas valves market on a global level as well as regional level. Further, the report offers the key industry dynamics affecting the global oil & gas valves market across its supply chain and value chain.

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Attribute Details
Oil & Gas Valves Market Estimated Size in 2022 US$ 12,517 Mn
Oil & Gas Valves Market Projected Size in 2029 US$ 15,897 Mn
Oil & Gas Valves Market Historical CAGR (2014-2021) 2.7%
Oil & Gas Valves Market Value-based CAGR (2022-2029) 3.5%

Integration of smart technologies in oil & gas valves for monitoring process variables including downstream and upstream pressure stem position, flow rate, and temperature is estimated to augment the demand in the market.

Increasing applications of oil & gas valves across chemical and water treatment industries is anticipated to assist the market to total US$ 15.9 Bn by 2029. As per FMI, the downstream segment is projected to account for the dominant share in the global market through 2029.

In 2014, the global oil & gas valves market was pegged at approximately US$ 10 Bn. The global oil & gas valves market is estimated to be valued at over US$ 11 Bn by the end of the year 2022. The oil & gas valves market is projected to grow at a CAGR of more than 3.5% during the forecast period of 2022-2029, and reach a value of nearly US$ 16 Bn by the end of 2029.

Downstream Applications Contributing a Major Share to Oil & Gas Valves Market

By product type, the global oil & gas valves market has been segregated into gates, globes, balls, butterflies, checks, PRVs, and others. The gate type of oil & gas valves are estimated to continue recording a high market value share throughout the projected period, while recording a high CAGR simultaneously.

With respect to the different sizes of oil & gas valves, the oil & gas valves market has been segmented into 0.25 to 8 inches, 8 to 20 inches, and above 20 inches. By the end of the year 2029, the 0.25 to 8 inch-sized oil & gas valves segment is estimated to hold more than half of the global oil & gas valves market share.

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With regards to application, the global oil & gas valves market has been segregated into upstream, midstream, and downstream applications. The downstream applications of oil & gas valves are estimated to contribute the most to the market size of the global oil & gas valves market.

Rising Energy Need and Multiple Oil and Gas Projects in Pipeline Accelerate Market Growth in Developing Countries

Among all the regional markets, the oil & gas valves market in North America is estimated to account for over one-fourth of the global oil & gas valves market share throughout the forecast period, due to continuous advancements in the North American oil & gas and shale industry.

With a booming oil & gas industry in the Western Africa and Northern African countries, the oil & gas valves market in the Middle East & Africa is estimated to record the second-largest market share throughout the forecast period.

The oil & gas valves market in China, India, and Brazil are estimated to be emerging markets due to the growing energy needs, new oil & gas projects, improved economic conditions, and continuous industrialization and urbanization in these countries.

The oil & gas industry is extremely competitive, due to the high presence of established market players. This, in turn, makes the oil & gas valves market fairly fragmented. Leading market players in the oil & gas valves market are very well-established across all the regional markets.

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Some of the key vendors in the global oil & gas valves market are Emerson Electric Co., CIRCOR International Inc., Schlumberger Limited, PARKER HANNIFIN CORP, Weir Group Plc., Metso Corporation, and BHGE (BAKER HUGHES, a GE Company), among others.

Key vendors in the oil & gas valves market must focus on investing in research and development-related projects, particularly in emerging markets such as China, Brazil, and India.

Analysts who have compiled the oil & gas valves market report are available for interviews and quotes at press@futuremarketinsights.com

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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Elevator And Escalator Market Is Expected To Rise At ~4.5% CAGR During The Forecast Period : FMI

Elevator and Escalator Market is expected to witness growth of ~4.5% CAGR during the forecast period from the year 2022 to 2030. Expansion of the building and construction industry has been a chief driver of the global elevator and escalator market. Elevators and escalators being an integral part of the residential as well commercial buildings are witnessing an impressive surge in demand all over the world.

Elevator and Escalator Market Size (2022) US$ 59.03 Bn
Sales Forecast (2030) US$ 100.12 Bn
Global Market Growth Rate (2022 to 2030) 4.5% CAGR
Share of Top 5 Industry Players 55%

Advancement in the Internet of Things (IoT) technology is further catering to the market growth with the rising incorporation of ultra-modern facilities starting from elevator safety solutions to elevator air purification equipment.

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Despite their complex mechanisms for installation, handling, and maintenance, the demand for elevators and escalators in residential, commercial, hospital, transportation, and other sectors is growing. According to Future Market Insights (FMI), the global elevator and escalator market is expected to rise at ~4.5% CAGR during the forecast period from the year 2020 to 2030.

Rising Demand from Construction Industry

According to FMI, the expansion of the construction industry will spur the elevator and escalator market growth during the forecast period, from the year 2022 to 2030

With the rising population and urbanisation, the building & construction industry is growing exponentially. Elevators and escalators, being an integral part of construction industry, is experiencing a surge in demand across the world.

Modern-age elevators often come with an extensive range of features such as various load capacities (low, medium, and high), safety features, hygienic solutions, high reliability in terms of load carrying as well as various emergency services, making them efficient for broad range of applications starting from residential complex to industrial sectors.

The advanced IoT technology has enabled the elevator and escalator manufacture to offer diverse services and solutions such as air purifying system, sanitisation facility, emergency calling and connectivity solutions, and others. As a result the demand for elevators and escalators is sky-rocketing worldwide.

Elevators and Escalators Market – Bolstering Growth for Safety Solutions

Various safety features such as emergency evacuation feature, safety brakes, door closing devices, door sensors, door restraints, pit buffers, and others result in more sophisticated elevators and escalators services which is aiding to the Elevators and Escalators Market growth.

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With the technological advancements, the industrial and commercial sectors are incorporating modern safety features in the escalators such as skirt brushes in order to prevent objects being caught in the escalators, step level monitors, missing step monitors, handrail motion detectors, sensors to trigger automatic shutdown in emergency, and others.

As the new-age safety solutions are making the elevators and escalators more reliable and efficient in handling emergency conditions, the market is witnessing significant growth all over the world.

Key Segments

Product Type

  • Elevator
    • Hydraulic
    • Traction
    • Machine
    • Room Less
  • Vacuum
  • Escalator
    • Step Type
    • Belt Type
    • Cleat Type
    • Spiral

Load Type

  • Passenger
  • Freight
  • Observation
  • Others

Installation

  • New
    • System
    • Installation
  • Retrofit

End Use

  • Residential
    •  Low Rise Building
    • Mid Rise Building
    • High Rise Building
  • Commercial
    •  Hotels
    • Airports
    • Subway Station
    • Commercial
    • Complex
    • Office & Institution
  • Hospital
  • Infrastructure & Construction
  • Transportation &Logistics

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Middle East and Africa
  • Japan

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Elevators and Escalators Market – Key Challenges

The entire process cycle of elevators and escalators, starting from manufacturing to installation,installation, is costly and needs expert handling. As elevators and escalators are used in various places, starting from residential complex to big industrial buildings, they need timely maintenance, up-gradation, as well as other services as and when required, which are time consuming and also need technical knowledge. Because of these factors, the elevators and escalators are yet to be popular among the small to medium residential buildings, institutions, and others.

The outbreak of a novel coronavirus in the recent year has affected the elevator and escalator market negatively because of various factors such as closed manufacturing units during lock down, economic constraints, unavailability of raw materials and manpower, decrease in demand, and others.

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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Website: https://www.futuremarketinsights.com/

Antibiotics Active Pharmaceutical Ingredient (API) Market demand to grow at 3.1% CAGR through in Period of 2020-2030

The demand for antibiotics API will continue rising at a steady pace between 2021 and 2031. It is often the first choice to treat infections. According to a new study by Future Market Insights (FMI), the antibiotics API market is likely to surpass US$ 8.1 Bn in 2021. Antibiotics are intended to make medical procedures much safer.

Any surgery or chronic diseases is susceptible to the bacterial infection, putting the patient at the greater risk. The increasing incidence of infections such as tuberculosis, pneumonia, blood poisoning, gonorrhea, and foodborne diseases would cause surge demand for antibiotics that expects to drive the antibiotics API market.

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As per the World Health Organization (WHO), pneumonia caused by bacteria can be treated with antibiotics. Around 15% of the children deaths was accounted due to pneumonia in 2017. According to UNICEF data 2018, worldwide, there are around 1,400 cases of pneumonia per 100,000 children, with the greatest incidence occurring in South Asia (2,500 cases per 100,000 children) and West and Central Africa (1,620 cases per 100,000 children)

Pandemic COVID-19 is believed to have a negative impact on the antibiotics API market. Some of the leading biotech companies, research institutes, and pharmaceutical companies are appointed in collaboration work to deal with the situation. This has shifted their focus and resources from making other drugs to coronavirus vaccines. The shortage of various API’s, and restricted hospital visits due to the increasing pool of COVID-19 patients have jolted the global antibiotics API market.

In terms of API, penicillin antibiotics segment dominated the antibiotics API market with a market share of 51.1% in 2021 owing to the increasing demand and adoption of penicillin as a first-line antibiotic therapy to treat several bacterial infections. Pharmaceutical companies are expected to rule the end user segment. They are expected to hold over 77% of the market and remain dominant through the forecast period.

Key Takeaways from Antibiotics API Market Study

  • The global antibiotics API market is estimated to be US$ 8.01 Bn in 2020, with the market expected to exhibit a CAGR of 3.1% during the forecast period (2020-2030)
  • The U.S. holds over 92.1% share of the North America market, but Canada is projected to expand faster CAGR
  • The U.K. market will showcase steady y-o-y growth at 2.1% in 2021
  • The demand from Germany and France will rise at a positive rate through the forecast period
  • Within East Asia China will emerge as a key market, while Japan and South Korea will continue exhibiting steady demand

“Increasing prevalence of bacterial diseases, extreme use of antibiotics and rising investment in R&D are expected to boost the growth of the antibiotics API market.” says the FMI Analyst

Rising investment in R&D sector in order to develop advanced molecules is the major factor expected to boost the antibiotic API market growth.

For instance, Sandoz, the Novartis biosimilars and generics division, undergoes a joint investment, with the Austrian federal government, to enhance the long-term future of integrated antibiotics manufacturing in Europe.

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Key players in the Antibiotics API are Entering into Strategic Alliance

The top players are focusing on increasing acquisitions at regional levels. Acquisitions empower the company with products and increase the company’s portfolio. The company acquires to possess well-established products and solutions that expects to account good revenue source for the acquirer. This also enables the company to enter new emerging markets as well as enhance the existing markets.

For instance, in August 2019, Nanjing Dorra Pharmaceutical Technology collaborated with Meitheal Pharmaceuticals, the fully integrated generic injectables company, for elevating the manufacturing capacity of the active pharmaceutical ingredients in the region of U.S. The collaboration enabled Meitheal Pharmaceuticals to invest into the Nanjing Dorra Pharmaceutical Technology.

Who is Winning?

The global antibiotics API market is set to expand its scope in the forecast period, as a result of rising prevalence of various bacterial diseases, and growing investment in R&D. The antibiotics market is highly competitive and consists of several major players. Pharmaceutical companies are more focused towards outsourcing of antibiotics API manufacturing due to the involvement of high capital investment in the establishment of Antibiotics API manufacturing units.

The key market players covered by FMI include Sandoz International GmbH, Centrient Pharmaceuticals, CordenPharma International, ACS DOBFAR SPA, Nanjing Dorra Pharmaceutical Technology Co. Ltd., DAEWOONG PHARMACEUTICAL CO. LTD., Parabolic Drugs Ltd., Penam Laboratories Ltd., ASIATIC DRUGS & PHARMACEUTICALS PVT. LTD., Fresenius Kabi, The United Laboratories International Holdings Limited, Aurobindo Pharma Limited, Unimark Remedies Ltd., Savior Lifetec, Shenzhen Haibin Pharmaceutical Co., Ltd., Sterile India Pvt. Ltd., Zhejiang Jiuzhou Pharmaceutical Co. Ltd., and Kyongbo Pharm, consolidating their positions through mergers, acquisitions and new product launches.

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

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.

Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
​United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com