Market Research Blog – Page 14469 – New Product Development

Blackstrap Molasses Market 2022 Development Status, Competition Analysis, Type and Application 2028

Blackstrap molasses is a by-product that is obtained when the sugar cane plant is processed to produce refined sugar. The third boiling of sugar syrup produces dark and thick blackstrap molasses that has a robust flavour. Blackstrap molasses also acts as a natural coloring agent in foods. Blackstrap molasses is a rich source of enzymes, trace elements, and vitamins. Blackstrap molasses also contains a significant amount of minerals such as iron, calcium, manganese, potassium, and magnesium. Blackstrap molasses can be added to smoothies and milkshakes. It is also used while preparation of baked goods such as cookies, muffins, baked beans, gingerbread, etc. Blackstrap molasses has applications in various industries such as food, dietary supplement, etc.

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The Increase in Health-awareness Serve as a Driver for Blackstrap Molasses Market

Due to hectic lifestyle, increase in the number of working women, economic feasibility, etc. the demand for ready-to-eat products is increasing. The consumer preference for convenience is increasing, and thus, the demand for bakery products is increasing at a high rate all across the globe which is estimated to boost the blackstrap molasses market. Blackstrap molasses is used while preparing a variety of bakery products such as muffins, cookies, bread, cakes, etc., and therefore, the increase in demand for bakery products is expected to have a positive impact on the blackstrap molasses market.

Blackstrap Molasses Market: Regional Analysis

The influence of western culture, changing lifestyle, increase in disposable income, etc. are some of the drivers for the increase in the demand for bakery products in the Asia-Pacific region. Thus, the rise in consumption of bakery products is expected to increase the demand for blackstrap molasses as it is used in the preparation of various bakery products and at the same time provides various health benefits. Thus, the blackstrap molasses market is estimated to grow at a high rate in the Asia-Pacific region.

Blackstrap Molasses Market: Key Participants

Some of the market participants in the Blackstrap Molasses market are:

ASR Group
Allied Old English, Inc.
Imperial Sugar Company
Crosby Molasses Co Ltd.
B&G Foods, Inc.
Sweet Harvest Foods Inc
Meridian Foods Limited
Zook Molasses Company

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply and Demand
Current Trends/Issues/Challenges pertaining to blackstrap molasses Market
Competition Landscape and Emerging Market Participants in blackstrap molasses market
Technology related to Production/Processing of blackstrap molasses
Value Chain Analysis of the blackstrap molasses Market

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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Blackstrap Molasses Market Segmentation

The Blackstrap Molasses market can be segmented on the basis of nature, end use and distribution channel:

On the basis of nature, the Blackstrap Molasses market can be segmented as:

Organic
Conventional

On the basis of end use, the Blackstrap Molasses market can be segmented as:

Food and Beverage Processing
Bakery and Confectionery products
Breakfast solutions
Desserts and Puddings
Other Food and Beverage Processing
Functional Foods and Dietary Supplements
Foodservice/HoReCa (Hotels/Restaurants/Café)
Household
Others (e.g. Animal Feed Industry, etc.)

On the basis of the distribution channel, the coconut cream market is segmented into-

Direct Sales/B2B
Indirect Sales/B2C
Hypermarkets/ Supermarkets
Convenience Stores
Mass Grocery Retailers
Specialty Stores
Online Retailing

Report Highlights:

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

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Abrasive Market , Historical Trends and Forecast By 2030

The abrasives market is predicted to record a viable CAGR of 4.3% globally from 2022 to 2032.

“The government norms on the use of silica abrasives, volatile prices of raw materials in the production of abrasives are the major challenges to look for in the global abrasives market.”

Abrasive is the most used material across the various industries for cleaning the hard surface, grinding wheel and polishing. An abrasive helps to provide surface finish and shape for the material. Abrasives are mineral-like materials available in different sizes, shapes and sizes depending upon the need. Norton grinding wheels are used to clean, abrade, scour, grind and remove solid materials by the action of rubbing.

Two kinds of abrasives are available in the global abrasives market as synthetic and natural. Most of the natural abrasives have been replaced by synthetic abrasives in the abrasives market due to their consistent properties as required in industrial applications.

Attributes	Details
Abrasives Market Value in 2020	US$ 45 Bn
Abrasives Market CAGR (2022-2032)	4.3%

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What Variables Promote Adoption of Abrasives Market?

“The rise of the metal fabrication sector, as well as the focus on fast industrialization in emerging nations is predicted to change the propensity of both suppliers and customers towards the abrasive market.”

Abrasives market covers a wide variety of materials used on large scale in various industries such as transportation, metal fabrication, machinery and electronic equipment. General application of abrasive material includes grinding wheel, tumbling media, cutting wheels, tool sharpening and metal cleaning.

Some of the high-end industrial applications of the Norton grinding wheels market are peening, de-flashing, paint stripping, blasting sand cleaning and de-burring. Apart from natural diamonds most of the abrasives are variable with their properties.

How is the Abrasives Market Classified?

“In the abrasives market, the metal fabrication segment is the fastest-growing end-use industry segment.”

Based on product type, the global abrasives market is segmented as coated abrasives, steel abrasives, loose abrasive grains, raw super abrasives, bonded abrasives and others. As of 2013, amongst the product type segments, bonded abrasives segment is predominant in terms of market share followed by coated abrasives and loose abrasive grains.

The bonded abrasives market segment market is expected to maintain its dominant position during the forecast period. Whereas, in terms of revenue; super abrasives is the fastest-growing segment in the global abrasives market with a double-digit CAGR.

Due to the rising demand for loose abrasive grains from abrasive product manufacturers, the loose grain segment is estimated to record strong growth during the forecast period in the abrasives market. As of 2013, the use of abrasives in machinery is predominant for the abrasives market.

This is followed by Norton grinding wheels, transportation and electronic equipment. However, industries such as transportation and electronic equipment are estimated to record robust growth due to higher demand for automobiles and electronic appliances.

Apart from this use of abrasives in construction, cleaning, maintenance, power generation and medical devices are expected to rise significantly in the coming years thus driving demand in the global abrasives market.

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Which is the Leading Abrasive Market?

“Growing demand for abrasives from the automotive, manufacturing, and metal fabrication will keep the market at its best in Asia Pacific.”

The global abrasives market is estimated to grow two-fold in terms of market revenue, with a double-digit CAGR for the forecast period. As of 2013, the Asia-Pacific abrasives market dominated the global abrasives market in terms of volume followed by Western Europe and North America.

The growth of the Asia-Pacific abrasives market is supported by various factors such as increasing production of automobiles, electronic equipment, medical devices and packaging especially in emerging economies such as India and China.

Trends in the global abrasives market such as the use of abrasives in blasting sand cleaning and water jet cutting technology in industrial applications for achieving faster and more efficient operation is increasing significantly.

Advancement in technology, increase in overall trade and transportation globally will fuel the abrasives market to a large extent, especially in the emerging economies of India and China.

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Key Segments

Attributes	Details
Forecast Period	2022-2032
Historical Data Available for	2014-2020
Market Analysis	US$ Bn for Value
By Raw Material	Natural Synthetic
By Type	Coated abrasives Bonded abrasives Super abrasives
By End User	Aerospace Automotive Machinery Metal fabrication Electrical & electronics equipment Others
By Region	North America Europe Asia Pacific Middle East & Africa South Africa
By Key Players	E. I. du Pont de Nemours and Company Robert Bosch GmbH Cabot Microelectronics Corporation Saint Gobain S.A Tyrolit Schleifmittelewerke Swaroski K.G Fugimi Incorporated Jason Incorporated

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.

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Ascorbyl Palmitate Market 2022 | Scope of Current and Future Industry 2028

Ascorbyl Palmitate is a fat-soluble form of vitamin C. Ascorbyl Palmitate is an ester that is formed from palmitic acid and ascorbic acid, and is also known as Vitamin C Ester. Ascorbyl Palmitate is more stable than the water-soluble form of vitamin C, i.e., L Ascorbic Acid. Ascorbyl Palmitate has applications in various industries such as food, pharmaceutical, dietary supplement, animal feed, etc. It is used for the preparation of various personal care and cosmetic products such as lotions, sun-protection creams, shampoos, anti-aging products, etc. Ascorbyl Palmitate is also used as an antioxidant and preservative in fragrances, natural oils, edible oils, etc. as it protects color, prevents oxidation and improves the nutritional value of the product.

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The Antioxidant Property of Ascorbyl Palmitate Increases its Demand in the Food Industry

Due to hectic lifestyle, increase in the number of working women, preference for convenience, etc. the demand for processed food is increasing all across the world. But the major concern for the manufacturers of food products is to maintain the quality and the nutritional value of the final product. The change in the single ingredient present in the product can spoil the quality of the entire product, and therefore, ascorbyl palmitate can be used as an antioxidant food additive that prevents the oxidation of the product and helps to maintain the nutritional value of the final product. Therefore, the increase in demand for processed food products is expected to have a positive impact on the ascorbyl palmitate market.

Ascorbyl Palmitate Market: Key Participants

Some of the market participants in the Ascorbyl Palmitate market are:

Koninklijke DSM N.V.
Yasho Industries
Pacific Rainbow International, Inc.
Penta International Corporation
Spectrum Chemical Mfg. Corp.
A to Z Nutrition International Inc.
NOW Foods

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply and Demand
Current Trends/Issues/Challenges pertaining to ascorbyl palmitate market
Competition Landscape and Emerging Market Participants in ascorbyl palmitate market
Technology related to Production/Processing of ascorbyl palmitate
Value Chain Analysis of the ascorbyl palmitate market

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The regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Ascorbyl Palmitate Market Segmentation

The Ascorbyl Palmitate market can be segmented on the basis of form, grade, end use, and distribution channel:

On the basis of form, the Ascorbyl Palmitate market can be segmented as:

Powder
Liquid

On the basis of grade, the Ascorbyl Palmitate market can be segmented as:

Pharmaceutical Grade
Food Grade

On the basis of end use, the Ascorbyl Palmitate market can be segmented as:

Food and Beverage Industry
Personal Care and Cosmetic Industry
Dietary Supplement Industry
Others (Pharmaceutical Industry, etc.)

On the basis of the distribution channel, the coconut cream market is segmented into-

Direct Sales/B2B
Indirect Sales/B2C
Hypermarkets/ Supermarkets
Convenience Stores
Mass Grocery Retailers
Specialty Stores
Online Retailing

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Report Highlights:

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

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Widefield Imaging Systems Market is expected register a CAGR of around 8.6% over the forecast period (2021-2031)

According to a recent study by Future Market Insights (FMI), the global widefield imaging systems market is expected to register high growth during the forecast period. The market is expected to grow from US$ 556.9 Mn in 2021 to over US$ 1.3 Bn by 2031. It is expected register a CAGR of around 8.6% over the forecast period (2021-2031).

Significant rise in cases of diabetic retinopathy is expected to propel the growth of the global widefield imaging systems market during the forecast period. Widefield retinal imaging includes imaging of peripheral retina that is the main site of various ocular diseases.

Widefield imaging aids in diagnosis of peripheral retina diseases. Occurrence of eye diseases like vision impairment is rising among teenagers. Increasing usage of mobile phones and computers results into digital eye strain, and is mainly responsible for visual impairment among teenagers.

As per the Centers for Disease Control and Prevention, in 2020, approximately 6.8% of children below 18 years have been detected with vision and eye condition in the United States.

Increasing technological awareness and high focus on healthcare innovations are some of the factors encouraging the adoption of these instruments. Additionally, certain companies, as a part of their product strategies, are launching technologically advanced equipment, to consolidate larger market share.

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Government funding towards expansion of healthcare infrastructure will support growth in developing countries. Moreover, corporate contracts based on rent-to-own model is a feasible option in emerging economies such as India and Brazil which could create significant opportunities for manufacturers of widefield imaging systems to capitalize on.

Key Takeaways From Widefield Imaging Systems Market Study

Widefield imaging instruments will account for 80% sales in the global market in 2021 of.
Diabetic retinopathy is the most rapidly growing segment by indication, accounting for nearly 1/3rd of the market share.
Standalone type of modality will remain highly preferred, contributing 56.4% towards overall sales in the market in 2021.
Demand in hospitals accounted for 40.2% of widefield imaging systems sales in 2020.
North America will remain the dominant widefield imaging systems market globally, exhibiting a CAGR of nearly 8.6% between 2021 and 2031.

Who Is Winning?

The key market players covered by FMI include Heidelberg Engineering GmbH, Visunex Medical Systems, Inc., Carl Zeiss Meditec AG, Clarity Medical Systems, Inc. Optos plc, and Centervue SpA.

The leading manufacturers of widefield imaging systems are focusing on new product development and launch of advanced versions of existing devices. Their aim is primarily to expand their portfolio to gain competitive edge. For instance:

In March 2020, Heidelberg Engineering announced the reintroduction of its HRT3 Rostock Cornea Module (RCM) to offer in vivo corneal confocal microscopy in its anterior segment product portfolio, supporting cornea specialists worldwide to further improve patient care.

In August 2020, ZEISS announces new software for the IOLMaster® 700, with enhanced features and connectivity designed to improve the cataract surgeons’ workflow efficiency and support better outcomes for surgeons and patients.

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Want More Insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global widefield imaging systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights on widefield imaging systems segment based on component (instrument and software {image viewing software and data analysis and interpretation software}), indication (diabetic retinopathy, retinopathy of prematurity, pediatric retinal diseases, retinal vein occlusion, ocular oncology, uveitis, chorioretinal disease, glaucoma and others), modality (standalone and portable) and end user (specialty clinics, hospitals and ambulatory surgical centers) across seven major regions.

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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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MARKET ACCESS DMCC Initiative
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Toasted Flour Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029

Flour is prepared from various ingredients such as wheat, rye, rice, corn, and soybean, etc. Toasted flour gives a unique taste to food products. Toasted flour is life changing and easy to do the process. Flour needs to toast in 250°F oven for 6 -7hours, stirring occasionally. Toasted flour has rich, caramelized flavor just like brown butter. Toasted flour gives raw taste because of which it gives a nutty and smoky flavor to the baking goods. Toasted flour is a primary ingredient in multiple food applications. The demand for the food industry is growing rapidly which is increasing the growth rate of toasted flour in the forecasted period. Changing lifestyle and changing food habits helping to expand the toasted flour market. The increasing demand for toasted flour and a growing number of manufacturers all over the world are the reasons for increasing the competitive level in the toasted flour market. To save the position in toasted flour market manufacturers are producing unique & innovative products in the market with attractive offerings.

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Toasted Flour Market: Regional Analysis:

The Europe and North-America dominating toasted flour market in the world. In Asia-Pacific, multiple flour industries are existing and many new industries are about to start in these regions which will increase the demand for toasted flour market in the forecasted period. Improving financial condition in Asia-Pacific helping to grow toasted flour market.

Toasted Flour Market: Key Participants

Montana
Nutrigerm
Archer-Daniels-Midland Company
ITC Limited
Cargill Inc
Bob’s Red Mill Natural Foods Inc
Ardent Mills Corporate
King Arthur Flour Company Inc, M.
Conagra Brands Inc
Bunge Milling Inc
Hodgson Mill
Smucker Company
General Mills Inc

The report covers exhaustive analysis on:

Toasted flour market Segments
Toasted flour market Dynamics
Toasted flour market Size
Toasted flour Supply and Demand
Current Trends/Issues/Challenges pertaining to toasted flour market
Competition Landscape and Emerging Market Participants in toasted flour market
Technology related to Production/Processing of toasted flour.
Value Chain Analysis of the toasted flour market

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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Toasted Flour Market: Market Segmentation:

On the basis of product, the toasted flour market is segmented into:

Wheat Flour
Soybean Flour
Rice Flour
Corn Flour
Other

On the basis of end user, the toasted flour market is segmented into:

Household
Commercial
Institutional
Food service
Food manufacturers
Others

On the basis of application, the toasted flour market is segmented into:

Bread and Bakery Products
Noodles and Pasta
Crackers and Cookies & Biscuits
Animal Feed
Other

On the basis of distribution channel, the toasted flour market is segmented into:

Hypermarkets/ Supermarkets
Convenience Stores
Specialty Stores
Online Stores

Report Highlights:

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

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Infusion Pumps Market to surge at a CAGR of 5.4% over 2030

FMI’s recent report on infusion pumps projects the market to surge at a CAGR of 5.4% from 2020-2030. Growth is attributed to increasing diabetic population across prominent regions. As per World Health Organization’s projections, there were 422 million diabetic people as of 2014, with a 5% increase in premature mortality.

Consequently, there has also been an increase in associated co-morbidities such as strokes, heart attacks, kidney failure and visual impairment. As a result, infusion pump usage has upticked in order to provide the appropriate medication and nutritional input.

To facilitate efficient drug delivery, manufacturers have incorporated various technological advancements in recent years. Additionally, the advent of wearable and smart infusion pumps is further fueling the market’s revenue prospects.

Global Infusion Pumps Market- Key Takeaways

Rising prevalence of cancer to push forward oncology-grade infusion pumps usage in the coming years
Ambulatory pumps are poised to hold major sway in the wake of swift drug and nutrient delivery
Europe to pivot global infusion pumps market growth, capturing over 1/3^rd of the revenue pie
Global infusion pumps market is likely to surpass US$ 6 Bn by 2030-end
Favorable business reimbursement policies are expected to bolster infusion pumps demand in coming years

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COVID-19 Impact Analysis

The COVID-19 pandemic is anticipated to have a moderate impact on the global infusion pumps market. In the initial months of the pandemic’s onset, a slump in the demand-supply equation was observed. This was in response to the imposition of lockdowns and social distancing protocols. Eventually, a resurgence was recorded.

In recent months, regulatory authorities such as the U.S Food and Drug Administration (FDA) issued emergency use authorization to increase the availability of infusion pumps and related accessories. Infusion pumps have been pivotal in administering vital medicines and parenteral nutrition to patients admitted for chronic ailments.

As hospitals reach a saturation point, governments are providing flexibility to infusion pump manufacturers to address supply shortages by permitting them to resume operations. This is slated to sustain the infusion pumps market demand in the short-term forecast.

Global Infusion Pumps Market- Competitive Intelligence

Prominent players in the infusion pumps landscape include Fresenius Kabi AG, Terumo Corporation, Medtronic Plc, Baxter International Plc., Smith Medical, MOOG Inc., Johnson & Johnson Services Inc., ICU Medical Inc. and Becton Dickinson & Company among others.

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Product launches, expansions, collaborations and other inorganic strategies are being pursued by the aforementioned players. In 2019, Terumo Corporation announced the launch of its TERUFUSION Infusion Pump Type LM Series which utilize smart cutting-edge IT solutions to deliver optimal management and prevents inadvertent excess infusion of drugs into the patient.

In 2010, Hospira Inc. partnered with Smith Medical to market and promote various infusion pumps. The companies collaborated in order to co-promote Hospira’s Symbiq and Plum A+ general infusion pumps along with its Hospira MedNet safety software. The venture also promoted Smith Medical’s Medfusion syringe pumps with the PharmGuard Medication Safety Software.

More Insights on the Infusion Pumps Market Report

A recent market study published by FMI on the ophthalmic lasers market includes the global industry analysis of 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. The report incorporates an unbiased analysis of the following segments: product type (syringe pumps, ambulatory pumps, volumetric pumps, implantable pumps, insulin pumps, enteral pumps, PCA pumps and pump accessories), application (chemotherapy/oncology, pediatrics/neonatology, analgesia, gastroenterology, hematology and diabetes), end-user (hospitals, ambulatory surgical centers, homecare, clinics and others) and region (North America, Latin America, Europe, MEA, East Asia, South Asia and Oceania).

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Epoxy Putty and Construction Chemicals Market 2022 | Current and Future Demand, Analysis, Growth and Forecast by 2030, Report

Construction chemicals are broadly used for waterproofing repairs, bonding agents, crack and expansion joint fillers, tile adhesives, retarders, plasticizers, air entraining compounds accelerators and others. Epoxy putty is a hardening substance utilized as a space-filling adhesive in the construction industry. Construction chemicals are mainly classified into product segments such as protective coatings and sealers, grouts and mortars caulks and adhesives, cement and asphalt additives and polymer flooring and others. All such construction chemical products are widely used in the end-user industries such as residential construction, non-residential construction and non-building construction. The rising demand from the rapidly growing construction industry across the globe, especially the Asia Pacific region, is expected to drive the global epoxy putty and construction chemicals market in the next few years.

The U.S. is the largest consumer of construction chemicals and epoxy putty across the globe and is closely followed by Europe and Asia Pacific regions. Latin America, Africa and the Middle East account for smaller portion of the market. Asia Pacific is expected to be the fastest growing market for epoxy putty and construction chemicals the next six years. The major reason for this is the growing demand from developing countries such as China, India and South East Asian countries such as Thailand, Indonesia, Vietnam and Malaysia. In addition, the countries in the geographies such as Africa, South America and the Middle East are showing remarkable economic growth since the last few years. These nations largely include South Africa, Brazil, Saudi Arabia, Egypt, Jordan, Qatar and Israel. Additionally, the U.S. and the European economies are gradually recovering from the economic slowdown.

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All such economic, industrial and demographic factors are ultimately creating a positive prospect for the global industrial scenario. Considering this positive industry outlook, construction and related industries are anticipated to record a staggering growth in the next six years. There is a mammoth market potential for the construction industry in the countries such as India, China, Indonesia, Qatar, Thailand and Brazil due to rapid infrastructure development taking place in these countries. Moreover, countries like Brazil and Qatar are hosting giant events such as Olympics and FIFA world Cup in the next few years and are developing numerous state-of-the-art stadiums and other infrastructure for those events. Owing to this, the demand for construction related products is expected to grow at a notable rate in the next few years. This will eventually generate a huge demand for epoxy putty and construction chemicals in these emerging nations. The major infrastructure companies are focusing on these developing nations for tapping their gigantic market potential in terms of infrastructure projects. The key producers of epoxy putty and construction chemicals are installing robust production facilities in these growing countries to meet the rising regional demand. Therefore, the global epoxy putty and construction chemicals market is expected to witness a substantial growth in the next few years.

Some of the major companies operating in the global epoxy putty and construction chemicals market are 3M Company, Akzonobel N.V., Adco Inc., Arkema S.A., Albemarle Corporation, Ashland Inc., Bolton Group, BASF SE, Bostik Inc., Pidilite Industries Ltd., Cementaid (N.S.W.) Pty. Ltd., Cico Technologies Ltd., Chryso S.A.S., E. I. Dupont De Nemours and Company, Lafarge S.A., Fosroc International Ltd., Mapei South Africa Pty. Ltd., Muhu (China) Construction Materials Co. Ltd., Conmix Ltd., RPM International Inc., Sika AG, Terraco Holdings Ltd., Selena FM S.A., The Dow Chemical Company and W.R. Grace and Co. among Others.

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

The report covers exhaustive analysis on:

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

Regional analysis includes:

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa

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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, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Global Epoxy Putty Construction Chemicals Market

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
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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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Microfluidics Market is likely to grow at a CAGR of 14.4% through 2026, reaching US$ 11 Billion

Applications of microfluidics in drug delivery and diagnostics will continue to fuel the market for microfluidics over the next few years. “The US$ 2.9 Bn microfluidics market will possibly cross US$ 11 Bn by the end of 2026. North America is expected to contribute over US$ 3 Bn to the total revenues in 2026. The collective share of North America and Asia Pacific will be over 40%,” states Future Market Insights in a recently published market report outlook, titled “Microfluidics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026.”

he report by Future Market Insights analyses the global market for microfluidics over a 10-year forecast period, 2016-2026. The market is likely to witness a robust CAGR of 14.4% over the assessed period.

Key Insights: Market Dynamics

Increasing discretionary funding from national labs for R&D in the developed regions will remain a primary factor driving the growth of market through 2026.
Improving healthcare infrastructure and wide availability of affordable microfluidic devices or kits are also foreseen to boost the market growth in near future, especially in developing countries.

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Expansion of drug delivery sector will favour the market growth in near future.
Consistent advancements in the fields of genomics and proteomics are also expected to benefit the sales of microfluidics-based devices and kits.
Dynamic collaborations between key market players and active involvement of government entities will collectively foster the market through 2026.

Key Insights: Segments

Ceramics will remain dominant material type

Based on material, ceramics will continue to be the most sought after material for microfluidic device or kit manufacturing. Ceramics segment is expected to remain dominance, accounting for over 42% market value share in 2026, followed by glass, polymer, and silicon. While ceramics is likely to witness the fastest growth, polymer segment is anticipated to exhibit a significant CAGR of over 15% over 2016-2026, driven by PVC.

POCT will be dominant application segment

By application, POCT (point of care testing) segment is projected to retain dominance through 2026, accounting for over 33% share in terms of revenues. Clinical diagnostics and analytical testing will remain the next major segments in the global microfluidics market.

In-vitro diagnostics industry will hold maximum revenue share

On the basis of industry, in-vitro diagnostics, life science research, and pharmaceuticals are likely to be the key segments. In-vitro diagnostics segment is estimated to hold a share of over 35% in the total market revenues. The fastest growing segment will be in-vitro diagnosis.

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APEJ will be the most lucrative regional market

Geographically, North America, followed by Western Europe are expected to remain the dominant regions for microfluidics, capturing respective market value share of over 26% and over 21% share by 2026 end. Asia Pacific (excluding Japan) will possibly represent the most lucrative market, expanding at a significant CAGR of over 14% throughout the forecast period. This growth is attributed to growing use of microfluidics devices and kits for in-vitro diagnostics. North America and Western Europe will also exhibit significant growth rates over 2016-2026.

Key Insights: Leading Market Players

Some of the most prominent players in the global microfluidics market, include Agilent Technologies, PerkinElmer Inc., Thermo Fisher Scientific Inc., Qiagen NV, Bio-Rad Laboratories, Inc., Fluidigm Corporation, Abbott Laboratories, and F. Hoffmann-La Roche Ltd.

Almost all the leading companies serve point of care testing application and survive the competition with an individual differentiating strategy. Thermo Fisher Scientific Inc. and Abbott Laboratories, through active engagement in agreements and collaborations with leading regional companies, highlight a growing trend of strategic mergers and acquisitions among the top companies.

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Wound Debridement Product Market is projected to potentially expand in the country by 2030

Demand for wound debridement products is surging steadily owing to its steady demand, especially from hospitals and specialty clinics. The new edition of the report from Future Market Insights (2021-2031) offers a post COVID-19 analysis on wound debridement sales across the globe. The report also expands on the previous competitive section, with divestures, mergers & acquisitions, and new forays analyzed.

According to latest analysis, wound debridement product sales have witnessed a minor decline in US, the largest market globally. However, demand still continues to be strong and manufacturers can expect a steady stream of opportunities during the forecast period. US currently accounts for nearly one-fourth of all wound debridement sales globally.

The study also finds that manufacturers are focusing on launching innovative products to consolidate their market share.

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Key Takeaways from Study

Hospitals will remain the largest demand generators for wound debridement products
Strong demand in US to continue in 2021 and beyond, making North America the largest market globally
New product innovation to be a key focus area for manufacturers
Demand for wound debridement products rising in Asia Pacific as various economies make an early recovery from COVID-19 pandemic

Applications in Treating Chronic Ulcers and Surgical Wounds Driving Demand

Demand for wound debridement products continues to remain high for treating chronic ulcers and surgical wounds. According to the study, these two application areas continue to create opportunities for market players. Of particular significant is application in chronic leg ulcers. Chronic ulceration of lower legs continues to be a challenge area, with 3.6% of people older than 65 years suffering from this (Grant Medical College).

FMI’s study reveals that use of wound debridement products in treating these types of ulcers will continue to account for steady demand over the course of the forecast period.

Demand Likely to Increase in Asia Pacific

FMI’s analysis reveals US to be the most lucrative market for wound debridement products, but owing to relatively less impact on many Asian economies, demand is likely to surge.

China, India, and South East Asian countries have been lesser impacted by the covid-19 crisis, as compared to US and Western Europe. Further, healthcare sector in these countries is going through an infrastructure revamp, which is also likely to create opportunities for manufacturers.

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Who is Winning in this Space?

The global wound debridement products market is extremely competitive in nature. According to FMI, majority of the players in the wound debridement products market are focusing on acquisitions and launching new and effective product variants

For instance, Axio Biosolutions, a leading Indian company working in the industry, is consistently working on the creation of an emergency wound hemostat. The company also launched an effective dressing namely “Axiostat” which gained a whole lot of importance and wide acceptance across the defense forces and civil hospitals. The dressing has helped majorly in preventing bleeding in the wounds.

More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the global wound debridement products market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of end users, application, regions and product types.

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Oxytocic Pharmaceuticals Market is expected to reach US$ 207.80 Million at a CAGR of 7.74% by 2031

Though synthetic oxytocin is chemically equivalent to naturally-occurring oxytocin, their pharmaceutical functions for aiding women in labour are quite distinctive. Medical professionals from around the world will continue to recommend synthetic-based oxytocic pharmaceuticals over natural since oxytocic pharmaceuticals originating from synthetic sources can boost the momentum of decelerated labour by IV administration.

More than 90% of the global market revenues for oxytocic pharmaceuticals will be harvested from the sales of oxytocic pharmaceuticals originating from synthetic sources. By the end of 2031, an estimated US$ 207.80 million revenues will be emanated from the global sales of synthetic oxytocic pharmaceuticals.

Future Market Insights’ published report on the global oxytocic pharmaceuticals market estimates that the market, which is presently valued at US$ 62.2 million, will expand at an impressive 7.74% CAGR to reach US$ 207.80 million value by 2031-end. In the report, titled “Oxytocic Pharmaceuticals Market: Global Industry Analysis & Opportunity Assessment, 2021-2031,”

Future Market Insights projects that the global market for oxytocic pharmaceuticals will remain highly fragmented due to higher prevalence of local players as opposed to multinationals and conglomerates. Nevertheless, global pharmaceutical industry leaders such as Pfizer Inc., Novartis AG, Baxter Healthcare Corporation, and Teva Pharmaceutical Industries Ltd. are also partaking in the global oxytocic pharmaceuticals market. Other leading manufacturers of oxytocic pharmaceuticals include Biofutura Pharma SpA, Ferring BV, and Fresenius Kabi AG.

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Global Oxytocic Pharmaceuticals Market: Regional Analysis

The need for oxytocic pharmaceuticals in the world will always remain contingent to the rise in pregnancy incidences and birth rate. Various parts of the world exhibit diverse birth rate, which incidentally drives the growth of their oxytocic pharmaceuticals market, accordingly. In North America, oxytocic pharmaceuticals are majorly used for postpartum haemorrhage, which is one of the most-prominent indication among labouring women in the US and Canada.

However, China is expected to remain the largest market for oxytocic pharmaceuticals in the world. Considering the country’s exploding birth rate, China’s oxytocic pharmaceuticals market will be valued over US$ 55 million by 2031-end, expanding at 9.8% CAGR. In 2016, Japan’s oxytocic pharmaceuticals revenues amounted to an estimated US$ 1.7 million, while the oxytocic pharmaceuticals market in Asia-Pacific excluding Japan & China (APEJC) region has been estimated to account for nearly 20% of global revenues.

Global Oxytocic Pharmaceuticals Market: Research Highlights

Licensing agreements for development of newer oxytocic pharmaceuticals is rampantly boosting the global market revenues, profiting local players as well as industry leaders.
Surging prevalence of labour induction procedures for child births will continue promoting the use of oxytocic pharmaceuticals throughout the forecast period.
The global oxytocic pharmaceuticals revenues, however, are projected to witness an inhibited growth on the account of rising preference to alternative drugs such as magnesium sulphate and misoprostol.
India’s contribution to the APEJC oxytocic pharmaceuticals market is predicted to reach nearly 60% by the end of 2031.
More than 22,000 thousand units of oxytocic pharmaceuticals will be sold globally for treating labour arrest over the forecast period.
Hospitals will remain the largest end-user of oxytocic pharmaceuticals in the world, revenues from which will expand beyond 12% CAGR.
A majority of medical professionals in the world will recommend intravenous administration of oxytocic pharmaceuticals, accounting for more than two-third of global market revenues by the end of 2031.

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