Market Research Blog – Page 14654 – New Product Development

Prurigo Nodularis Treatment Market is expected to progress at a significant CAGR of over 3% during the forecast period

Prurigo nodularis indicates a skin condition in which hard, itchy nodules or lumps develop on the skin surface. This condition can vary from mild to severe case and it is categorised under the chronic inflammatory rare disease of unknown aetiology. Advancements of diagnostics technology and diagnosis seeking rate are expected to boost prurigo nodularis treatment market growth. Future Market Insights (FMI), the market will exhibit 3% Y-o-Y growth in 2021. With prevalence of the disease forecast to rise, accelerated demand is likely in the near future.

Leading market players are currently focusing on strategic collaborations with various healthcare institutes, universities, governmental agencies, start-up organizations and industry suppliers. This is intended to expand their footprint as well as drive various research and development initiatives.

Besides efforts by market players, initiatives undertaken by regulatory bodies to improve the development and approval process of orphan drug will aid the overall prurigo nodularis treatment market growth. According to FMI, the capsaicin cream segment by drug class is anticipated to gain the momentum significantly contributing towards market growth in the coming years. It is expected to account for over 40% of the market in 2020.

Key Takeaways from Prurigo Nodularis Treatment Market Study

The demand from the U.S. is expected to rise at a steady pace. It is expected to account for over 91% of the North America market
France will emerge as a lucrative market, registering above 3% Y-o-Y growth in 2021
The U.K. and Germany will emerge as other key markets for prurigo nodularis treatment in Europe
Within East Asia, Japan and China will record rising demand for Prurigo nodularis treatment.

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Who is Winning?

The global market is set to expand steadily over the forecast period, driven by the increasing prevalence of prurigo nodularis, advancements in technology, and adoption of prurigo nodularis treatment drugs which can be used for long term care needs. In addition to this, changing regulatory dynamics and lack of adequate knowledge has constrained the sales of prurigo nodularis treatment drugs.

Product approvals by the U. S. Food and Drug Administration (FDA) for prurigo nodularis treatment drugs are expected to push towards high competition among market players. For Instance, in December 2019, Galderma SA announced the breakthrough therapy designation to its drug Nemolizumab from the U.S. FDA for treatment of prurigo nodularis.

Some of the key market players covered by FMI include Bayer AG, Pfizer Inc., GlaxoSmithKline Plc., Teva Pharmaceutical Industries Ltd., Johnson & Johnson Services, Inc., Merck & Co. Inc., Sanofi SA, Takeda Pharmaceutical Company Limited, Novartis AG, Celgene Corporation, Galderma SA (Nestle Skin Health Company), VYNE Therapeutics Inc., Trevi Therapeutics Inc. consolidating their positions through mergers, acquisitions and new product launches.

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Future Market Insights (FMI) brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global prurigo nodularis treatment 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 prurigo nodularis treatment market on basis of drug class such as corticosteroids (injectable, topical, oral), emollients, capsaicin cream, antihistamines, anticonvulsants, antidepressants, neurokinin 1 receptor (NK1R), opiate receptor antagonists and others. And based on distribution channels such as hospital pharmacies, retail pharmacies and online pharmacies 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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Sodium Acetate Market Size, Shares & Industry Analysis Report to 2027

Food additives are certain type of chemicals prepared with some natural or synthetic ingredients. Such food additives are used to enhance taste and other qualities of a particular food item. Sodium Acetate is one such versatile, FDA approved food additive that is use to enhance the mixability and taste of processed foods. Sodium acetate is a type of salt which has many widespread uses.

Owing to its chemical properties, sodium acetate partially ionizes when dissolved in water. As sodium acetate partially dissolves, therefore it has the ability to maintain solutions at a relatively constant pH despite acid or base challenges. Due to sodium acetate low toxicity, sodium acetate has utilization in industries ranging from petroleum production to food flavoring. Owing to significant uses of of sodium acetate in various field the market of sodium acetate is expected to gain healthy CAGR over the forecast period.

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Sodium Acetate Market: Drivers and Restraints

Primary factor for growth of Sodium Acetate is its significant use in processed food. Present time have been exhibiting a scenario where working class travel long distances for work and job purpose. With less time, available for preparation of food and other activities for individuals people are switching to processed foods, which takes least of time to get, prepare.

Increase in FDI, opening up of modern format of retail stores are other factors which is providing boost to processed foods market which in a way impacting positively the Sodium Acetate market. Health concerns of individuals and food manufacturers untiring effort in order to meet customers demand of such food products which are least harmful for consumption are making manufacturers to drop various fat and sugars which can poise threat to human health is ultimately helping Sodium Acetate market to grow, as Sodium Acetate is replacing salts and spices. With such a move, Sodium Acetate not only helping in manufacturing of healthy food but also lowering the cost of manufacturing.

Sodium Acetate is not harmful for human consumption unless it is not in pure chemical form. Therefore, with least of harmful effects Sodium Acetate market has no restraints.

Global Sodium Acetate Market: Regional Outlook

Based on the geographic regions, global Sodium Acetate market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned regions, APEJ will dominate the Sodium Acetate market over the forecast period. The countries such as China, India, and South Korea will be the key contributor to the growth of Sodium Acetate market. Presence of a huge population and various food industries to meet such a huge population’s demand is the key factor for growth of Sodium Acetate market in APEJ region.

North America and Western Europe region will come next to APEJ with respect to growth of Sodium Acetate market. Even though they are next to APEJ for Sodium Acetate market but these region are the first movers in using Sodium Acetate for manufacturing of various food products. In Eastern Europe, the market of Sodium Acetate has also gathered momentum with establishments of various food industries. MEA is also a prominent market for Sodium Acetate market owing to presence of various food industries.

Latin America is also expected to perform well in Sodium Acetate market. Japan has also a wide range of various food industry that caters to the demand of young Japanese population; such industry provides the necessary scope for growth of Sodium Acetate market.

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Sodium Acetate: Key Players

The major players identified in the global Sodium Acetate derivatives market includes:

N. B. ENTERPRISE
Palsgaard
Foodchem International Corporation
Estelle Chemicals Pvt. Ltd.
Parchem fine & specialty chemicals.

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

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Historical Actual Market Size, 2012 – 2016
Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis for Market includes

North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa

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Sodium Acetate Market: Market Segmentation

Based on the end user industry, Sodium Acetate market can be segmented into:

Food Industry

Based on the sales channel, Sodium Acetate market can be segmented into:

Hyperbaric Oxygen Therapy Devices Market is forecast to grow at above 9% CAGR throughout the forecast period

The demand for hyperbaric oxygen therapy devices has been increasing significantly with rising prevalence of wound infection and gas embolism across the globe, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global hyperbaric oxygen therapy devices market is anticipated to grow at above 9% CAGR throughout the forecast period from 2021 to 2031.

According to the report by Future Market Insights, growing incidences of ischemic stroke and diabetes has fueled the demand for hyperbaric oxygen therapy devices across the globe. According to data published by World Health Organization, around 422 Million people suffering from diabetes. Also, 1.6 million people die due to diabetes related diseases states to the study.

Diabetes becomes the breeding ground for various ailments like diabetic foot ulcer, ischemic stroke and chronic infections. Rising cases of diabetes and obesity will fuel the market growth. Hyperbaric oxygen therapy (HBOT) devices deliver 100% pure oxygen to the body tissues at 1.5 to 3 times the normal atmospheric pressure.

Excess oxygen in the blood promotes white blood cells and leucocytes to fight bacteria and promotes the secretion of stem cells for faster healing and restoring normal body function. Introduction of portable hyperbaric oxygen therapy devices and increasing awareness in medical space regarding importance and utility of multiplace HBOT, especially in wound healing will drive the market growth.

In the future, the market is anticipated to grow significantly, as healthcare workers are switching towards hyperbaric oxygen therapy devices for treating soft tissue necrosis. Asia Pacific region is likely to yield highly opportunistic prospects, contributing towards the overall expansion of the market.

Key Takeaways from FMI’s Hyperbaric Oxygen Therapy Devices Market Study

The U.S is expected to dominate hyperbaric oxygen therapy devices market on the back of rising cases of soft tissue necrosis and increasing government funding towards modernization of healthcare infrastructure.
Rapidly increasing number of people suffering from anemia, especially women under reproductive age will increase hyperbaric oxygen therapy devices adoption across Russia.
China will offer lucrative opportunities owing to increasing prevalence of osteomyelitis in older population and advancement in healthcare system.
India is expected to exhibit impressive market growth owing to increase in cancer patients suffering from radiation injury and growing incidence of diabetic foot ulcers in the country.
Monoplace hyperbaric oxygen therapy devices will continue to encompass maximum market share owing to its low set up time and high availability.

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Competitive Landscape

Hyperbaric oxygen therapy devices market is dominated by few global market leaders. Market leaders operating in hyperbaric oxygen therapy devices market are focusing towards employing organic market strategies to consolidate their market position.

Organic strategies include new product development and extensive research and development for product portfolio expansion. They are also working towards launching modern and cheaper medical devices to penetrate the new markets and capture maximum market share especially in emerging economies.

Some market players are employing strategic merger and acquisition and forming an alliance with regional distributors to strengthen their supply chain channels. They are also emphasizing towards faster product approvals, product development and patenting.

Prominent players operating in the hyperbaric oxygen therapy devices market are:-

ETC BioMedical Systems
Fink Engineering Pvt. Ltd.
Gulf Coast Hyperbarics Inc.
HAUX-LIFE-SUPPORT GmbH
Hearmec Co. Ltd.
Hyperbaric SAC
IHC Hytech B.V.
OxyHeal Health Group
Sechrist Industries, Inc.
SOS Medical Group, Ltd.

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Orthopedic Trauma Devices Market slated to rise at a CAGR of 6.9% to close in on US$ 14.8 Billion by 2028

Primarily driven by increasing instances of fractures due to road accidents and sports related injuries, the global orthopedic trauma devices market is anticipated to expand at a promising CAGR of 6.9% over the next decade. By the end of 2028, the orthopedic trauma devices market is estimated to attain the global revenues beyond US$ 14 Bn. As per the research presented in a recently published report by Future Market Insights, titled “Orthopedic Trauma Devices Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028,” the market will also continue to be driven by impactful presence of some of the local players within respective regional markets.

“While the advent of 3D printing technology is likely to present the market a heap of new growth opportunities in 3D printed orthopedic implants, another significant opportunities lies in the popularly trending reverse shoulder arthroplasty. The rise of digital orthopedics will continue to fuel market growth through to 2028,” states a research analyst at Future Market Insights.

Based on the regional analysis, the global orthopedic trauma devices market will continue to witness dominance of North America, which currently accounts for a major portion of the total revenues. With around 48% value share observed in 2021, North America’s orthopedic trauma devices market is estimated to attain a value in excess of US$ 6 Bn by the end of 2028. Western Europe is also identified to be a key market, holding the second largest position in terms of value. Manufacturers will however discover attractive opportunities in developing economies, including Asia Pacific, Latin America, and Middle East and Africa. Among the emerging regional markets, Asia Pacific excluding China and Japan (APECJ) is likely to emerge at a relatively higher pace, followed by MEA. China is expected to be the most lucrative market owing to the highest estimated CAGR value over 2022-2028. Strong presence of key companies will reportedly uplift the markets in North America and China.

A majority of the key companies operating in the global orthopedic trauma market are opting for strategic mergers and acquisitions, in addition to new product launches. According to the report, most of the revenue is contributed by the tier 1 companies, followed by the tier 3 players. The tier 1 includes DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., and Smith & Nephew Plc., which collectively represent nearly 70% share of the total market revenues. Among these, DePuy and Stryker will continue to remain the top players worldwide over the next decade. Tier 3 accounts for a relatively decent revenue share and includes brands such as Arthrex, Inc., RTISurgical, Medartis, Integra LifeSciences Corporation, Japan MDM, S. H. Pitkar Orthotools Pvt Ltd, Weigao Group Co Ltd, and Invibio Ltd.

Others operating in the global orthopedic trauma devices market include Johnson & Johnson Services, Inc., Wright Medical Group NV, B. Braun Melsungen AG, Orthofix International, and OsteoMed. Growing outpatient surgical procedure demand and boosting funds for delivery of the top-notch trauma care are foreseen to collectively create a lucrative pool of opportunities for the leading bunch of companies in the global marketplace. The market is also witnessing the development of novel and effective products for use in trauma care, which stands to be another important opportunity.

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Nahcolite Market Size, Share, Growth, Trends, Forecast to 2027

Nahcolite (NaHCO3), is a colourless to white carbonate mineral. Nahcolite is naturally occurring sodium bicarbonate. Nahcolite structure consists of planar chains of carbonate groups linked by hydrogen bonds; those planes are bonded together by sodium in six-fold coordination with oxygen. Nahcolite commonly does forms by reaction of carbon dioxide with the mineral named trona in evaporated lake basins. Such surroundings where Nacholite is mostly formed is found in large quantities in the central salt body of Searles Lake, California, and as concentrations up to 5 feet (1.5 metres) thick in oil shale deposits in the Piceance Basin of the Green River Formation in Colorado, from where Nahcolite is commercially mined.

Apart from North America Nahcolite has also has been excavated in Botswana and Kenya, and there are sizable deposits in Uganda, Turkey, and Mexico. Coming to its usage in day-to-day life, Nahcolite can be used in traditional applications of sodium bicarbonate—e.g., in baking soda and toothpaste. Moreover, Nahcolite can be converted to soda ash (sodium carbonate, Na2CO3) and can be used in various other industrial manufacturing needs. Over the forecast period, Nahcolite is expected to register healthy CAGR over the forecast period.

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Nahcolite Market: Drivers and Restraints

Primary factor for growth of Nahcolite is its uses in making of baking soda. Baking soda has an extensive usage as a primary ingredient to make cookies, cakes, biscuits, and similar other baking confectioneries. With rise in population and subsequent demand of various food items, packaged foods, confectionery and bakery item the rise in demand of baking soda is increasing which will catapult the market of Nahcolite.

Detergent industry across globe is flourishing which also influences Nahcolite market. Nahcolite ability to absorb moisture and neutralize chemicals results in uses such as to neutralize odors. Due to its relative softness, which means it is not a strong abrasive, it is a common ingredient in toothpaste or used as a replacement for toothpaste.

Nahcolite is used for tooth care product since it is believed to kill bacteria, prevent plaque, reduce odors, reduce sensitivity, strengthen enamel, or whiten teeth. Owing to Nahcolite contribution in various commodities which are associated with day to day life of human it can be anticipated that market of Nahcolite is expected to grow substantially over the forecast period

Nahcolite is not harmful for human consumption unless it is not in pure chemical form. Therefore, with least of harmful effects Nahcolite market has no restraints.

Global Nahcolite Market: Regional Outlook

Based on the geographic regions, global Nahcolite market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned regions, APEJ will dominate the Nahcolite market over the forecast period.

The countries such as China, India, and South Korea will be the key contributor to the growth of Nahcolite market. Presence of a huge population and various food industries and other industries to meet such a huge population’s demand is the key factor for growth of Nahcolite market in APEJ region. North America and Western Europe region will come next to APEJ with respect to growth of Nahcolite market. Even though they are next to APEJ for Nahcolite market but these region are the first movers in using Nahcolite for manufacturing of ingredients, which are used in various food products as well as in manufacturing of other commodities.

In Eastern Europe, the market of Nahcolite has also gathered momentum with establishments of various food industries. MEA is also a prominent market for Nahcolite market owing to presence of various food industries that has been established to meet general masses consumption demand. Latin America is also expected to perform well in Nahcolite market. Japan has also a wide range of various food industry that caters to the demand of young Japanese population; such industry provides the necessary scope for growth of Nahcolite market.

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Nahcolite: Key Players

The major players identified in the global Nahcolite derivatives market includes:

Palsgaard
Foodchem International Corporation
Estelle Chemicals Pvt. Ltd.
Parchem fine & specialty chemicals.
LiuYang SanJi Chemical Co.,Ltd.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Historical Actual Market Size, 2012 – 2016
Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis for Market includes

North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa

Skin Perfusion Pressure Testing Devices Market is expected to grow at a CAGR of 4.5% during the forecast period

Skin perfusion pressure (SPP) assess the local pressure in the microcirculatory system. It is widely used parameter in assessment of wound healing potential in patients with limb ischemia and peripheral artery diseases. SPP testing devices have become crucial for wound healing in patients with chronic limb ischemia. Future Market Insights (FMI), in a new study has forecast the market for skin perfusion pressure testing devices to exhibit 4.6% Y-o-Y growth in 2021. Driven by rising healthcare spending, the market will continue exhibiting high demand through the forecast period, from 2020 to 2030.

Compared to other non-invasive methods such as toe blood pressure and ankle-brachial index, SPP provides more accurate results, and thus, its usage is gaining popularity among physicians. It has been observed that SPP can evaluate ischemic condition of the lower extremities which cannot be assessed by ankle-brachial index. This increases the preference of SPP over ABI, which in turn is expected to drive the skin perfusion pressure testing devices market.

The rising prevalence of peripheral arterial disease is another major factor driving the demand growth. Peripheral arterial disease (PAD) prevents wound healing of lower extremity. The patient populations at highest-risk have ischemic disease, foot ulcers, diabetes mellitus, and/or compromised kidney function. The most widely used test is ankle brachial index (ABI), but it has limited utility in foot ulcer patients. Ankle brachial index alone is not considered effective of wound healing. For overcoming this problem, manufacturers are focusing to develop advanced skin perfusion pressure.

The COVID-19 pandemic has significantly affected the medical practices, resulting in a decrease in non-essential medical care, including the wound healing specialty. The nationwide lockdown and disrupted supply chain has limited the ability to practice wound healing in normal conditions. The pandemic in the first few months of 2020 has had a negative impact on the skin perfusion pressure testing devices market.

Manufacturers are currently focusing on designing new innovative laser dopplers that can provide better results at less cost, and at the same time give simple and reliable outputs. For instance, free flap monitoring, a new generation device provides web-based capability, whereby, recordings from a laser doppler can be transmitted directly to a smart phone. Such advancements are expected to bode well for the global market.

Key Takeaways from Skin Perfusion Pressure Testing Devices Marker Study

The global skin perfusion pressure testing devices market is estimated to be US$ 28.83 Mn in 2020, is expected to grow at a market CAGR of 4.5% during the forecast period (2020-2030)
The U.S. holds over 90% share of the North America market, but Canada is projected to expand faster at around 5.0% CAGR
Germany holds the largest share of the market in Europe, and will expand at a CAGR of around 4.8% through 2030

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The U.K. will exhibit 5.3% Y-o-Y growth in 2021, emerging as a key market for SPP testing devices in Europe. France will also continue exhibiting high demand
Japan and South Korea are expected to emerge as key markets for SPP testing devices in East Asia

Who is Winning?

Leading players in the skin perfusion pressure testing devices market are strengthening their market position though the acquisition, partnerships and expansion. For Instance,

In October, 2015, Vasamed Incorporated entered into a collaboration and distribution agreement with CorVascular Diagnostics, LLC, which designs and distributes peripheral vascular diagnostic solutions.
In January 2019, Perimed AB announced a partnership with Radiometer Medical ApS (Radiometer) to accelerate and expand the distribution of Perimed PeriFlux 6000 tcpO2 standalone system.

Some of the key market players covered by FMI include Vasamed Incorporated, Moor Instruments, Perimed AB, ELCAT GmbH, ATYS Medical, Viasonix, and Promed Group, consolidating their positions through mergers, acquisitions and new product launches.

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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 2015 to 2030. The global skin perfusion pressure testing devices 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 skin perfusion pressure testing devices market on basis of product in detail, cover every aspects of the market such as (laser doppler skin perfusion pressure testing devices, phtoplethysmography skin perfusion pressure testing devices, and consumables), modality (portable devices, cart-based devices), and end user (hospitals, ambulatory surgical centers, wound care centers, and vascular laboratories) across seven major regions.

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Food Sorting Machines Market is expected to expand at a promising CAGR during 2015-2025 : FMI Report

Food Sorting Machines Market OverviewAutomation is becoming more of a requirement than an option in the food processing industry. The rigorous quality and cost controls required in the food industry is making it more critical. Production of high grade food requires capable and efficient inspection and sorting systems, in the operations and production line. The food is sorted by color, size, shape, specific gravity prior to inspection and other criteria depending upon the raw material and application.

Global interest is increasing towards the quality of food consumed along with the stringent legislations on product quality and operating procedures. In the food industry, the product specification is extremely important, and is one of those area where new developments are crossing the boundaries. The food industry is under immense pressure of meeting the demands of growing world population.

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The global population is becoming urbanized and there is heavy industrialization seen in the emerging economies. This leads to an upward trend towards convenience foods that are healthy, nutritious and easy to prepare. Food security is an emerging challenge for policy makers and companies in the food supply chain. Over the period food production will be under threat from climate change, competing land uses, erosion and diminishing supplies of clean water. One of the solutions to this dilemma is increased efficiency and waste reduction in the food supply chain. Food sorting machines offer increase in efficiency by selectively filtering out the undesired materials from the main food. The main purpose is separation of foreign seeds and bodies, such as unhealthy or spotted grains. The insertion of optical sorter into strategic positions of the milling process facilitates and optimizes the whole cleaning process. Worldwide the optical sorters are being used in the food industry. Its highly adopted in the processing of harvested foods such as fruits, potatoes, vegetables and nuts where it achieves non-destructive,100% inspection on full production volume. Since manual sorting is subjective and inconsistent, its not preferred. Optical sorting helps to improve the product quality, increase yields, maximize throughput while reducing labor costs. Since few years the trend is of integration of the traditional mechanical cleaning process with optical sorting machines.

Food Sorting Machines Market: Drivers & Restraints

Growing population, rising urbanization, growing technological awareness, industrialization of emerging economies and increasing per capita income are some of the key factors driving the growth of the food sorting machines market.

Environmental Protection Agency regulations on disposal of food waste, changing consumption patterns and smaller households are few of the probable factors restraining the growth of the food sorting machines market.

Food Sorting Machines Market: Overview

Though food sorting machines is a new technology for emerging economies like India, but in the developed economies like North America and Europe the same technology is in use for years.

With growing global population and increasing pressure on food industry to meet the customer demands, the acceptance of food sorting machines is gaining popularity. The global food sorting machines market is expected to expand at a promising CAGR during the forecast period (2015-2025).

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Food Sorting Machines Market: Region-wise Outlook

The global food sorting machines market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global food sorting machines market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global food sorting machines market in terms of market revenue followed by Europe. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global food sorting machines market value exhibiting a robust CAGR during the forecast period, 2015?2025.

Food Sorting Machines Market: Key Players

Some of the key market participants in global food sorting machines market are Tomra Systems ASA, Sesotec GmbH, Buhler AG, Key Technology, BarcoVision, Satake USA Inc.

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

The report covers exhaustive analysis on:

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Food Sorting Machines Market: Segmentation

The global food sorting machines market is broadly classified on the basis of product type, technology and geographies.

Based on product type, the global food sorting machines market is segmented into:

Channel Sorters
Freefall Sorters
Belt Sorters
ADR Systems

Based on technology, the global food sorting machines market is segmented into:

Laser
Camera
LED
X-ray

Report Highlights:

Detailed overview of 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

Dewatering Pumps Market is expected to rise to a valuation of US$ 9,510.2 Mn by the end of 2028.

Leading players in the market are focused to shift their production bases to Asia Pacific in order to capitalize on the economies of scale. The global market, characteristically, is poignant towards consolidation. Several mergers were seen during the recent past; the same trend is anticipated to continue over the coming years with profitability to remain as the core strategy behind these acquisitions.

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Long-term tie-ups with EPC (Engineering Procurement and Construction) companies are expected to provide high and stable sales to international manufacturers of dewatering pump. Most sales of small and medium capacity pumps take place through distributors and retailers, which generally hold multi-branded & wide variety products at their shelves.

Providing integrated offerings through diverse range of products and developing strong distribution and aftersales service network at regional and local level can provide significant opportunities for growth. In order to gain competitive advantage, strong focus on life-cycle costs analysis, including reducing operating costs through energy-efficient solutions, is highly required for product differentiation.

According to the report by Future Market Insights (FMI), the global dewatering pumps market is expected to witness a CAGR of 5.2% from 2018 to 2028. In 2017, the market was worth US$ 5,498.6 Mn and is expected to rise to a valuation of US$ 9,510.2 Mn by the end of 2028.

Burgeoning Exploration Activities for New Sources of Water to Trigger High Demand

Governments of emerging economies in Asia Pacific and MEA, particularly in countries such as South Africa, Morocco and the UAE, are focusing on improving drinking water facilities in urban as well as rural areas. Also, exploration of new water sources is expected to increase sales of pumps with enhanced capacity and efficiency for agricultural and domestic applications. Desalinization projects are also expected to contribute to adoption of pumps, as most parts of the globe still lack the basic facility of running water.

An estimated 60% of the world is still without running water. ASEAN region is witnessing increase in water supply and sanitation projects by governments, which is likely to boost sales of centrifugal pumps for domestic and agricultural applications. It has been estimated that only 50% of the global population has access to drinking water from a piped connection providing running water in their homes or compounds. As per the analyst, the demand for dewatering pumps across the globe, especially in ASEAN countries will increase owing to these reasons.

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Market Taxonomy

By Equipment

Civic Infrastructure Construction
- Commercial Construction
- Tunnels
Mining & Metals
Paper & Pulp
Chemicals
Power Generation
Food & Beverages
Municipal
Others

By Capacity

0.5-3 hp
3-10 hp
10-50 hp
Above 50 hp

By Region

North America
Latin America
Western Europe
Eastern Europe
Middle East & Africa
China
South East Asia & Pacific (SEAP)
India
Japan

By Application

Sludge Pumps
Slurry Pumps
Drainage Pumps
Hybrid Pumps

By Technology

Positive Displacement Type
Centrifugal Type

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Low Priced China-based Pumps to Act as Hindrance to Market Growth The presence of numerous Chinese players who are offering low-priced pumps acts as a restraint to most regional and global players offering pumps. The surging price pressure from these players is influencing the main suppliers to offer high-quality, reliable, efficient, and technologically-advanced pumps at competitive prices. However, the price sensitive nature of the market is a restraining factor on overall revenue growth potential of the global pump market.

Emergence of China as a major producer of low cost pumps, is has disrupted the market to a certain extent. In order to overcome this challenge, international pump vendors need to differentiate their products through various additional services and integration of advanced technologies.

Automotive Timing Chain and Belt Market to be valued at US$ 10.20 Bn by 2027 – Comprehensive Research Report by FMI

According to a new report by Future Market Insights titled “Automotive Timing Chain & Belt Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2022–2027),” global sales of automotive timing chains and belts was valued at US$ 6,754.7 Mn in 2022 and is projected to increase at a CAGR of 4.2% over the forecast period to be valued at US$ 10,209.9 Mn by 2027. This growth is primarily driven by an increase in vehicle production across key geographies.

Automotive Timing Chain and Belt Market Base Year Value (2021A)	US$ 7.8 Bn
Automotive Timing Chain and Belt Market Estimated Year Value (2022E)	US$ 8.2 Bn
Automotive Timing Chain and Belt Market Projected Year Value (2027F)	US$ 10.20 Bn
Value CAGR (2022-2027)	4.5%
Collective Value Share: Top 3 Countries (2022E)	48.7%

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Global Automotive Timing Chain & Belt Market: Dynamics

Urban logistic control increases the demand for automotive belts and chains
Growing lifespan of used automobiles to boost the automotive aftermarket sales of automotive timing systems
Shift of component manufacturers’ focus towards existing opportunities in Eastern Europe is driving expansion of the local production base
Research, development and innovation of automotive time/chain components is a key growth driver

Global Automotive Timing Chain & Belt Market: Forecast by Product Type

On the basis of product type, the global automotive timing chain and belt market is segmented into chain, roller chain, non-roller chain, belt, dry belt, and belt in oil. Belt, followed by the chain segment, remains lucrative and will dominate market demand over the forecast period, primarily due to the fact that these products offer longer life and efficient operations in real-time working conditions in all vehicle types.

Global Automotive Timing Chain & Belt Market: Forecast by Vehicle Type

On the basis of vehicle type, the global automotive timing chain and belt market is segmented into passenger car, LCV, HCV, and off highway vehicle. The passenger car segment is anticipated to emerge as an opportunistic segment due to the growing consumer preference for advanced and more efficient timing chains and belts.

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Global Automotive Timing Chain & Belt Market: Forecast by Engine Type

On the basis of engine type, the global automotive timing chain and belt market is segmented into gasoline and diesel. By engine type, in terms of volume, gasoline engine is expected to remain the most attractive segment in the global automotive timing chain and belt market over the forecast period, growing at a volume CAGR of 3.7%.

Global Automotive Timing Chain & Belt Market: Forecast by Sales Channel

On the basis of sales channel, the global automotive timing chain and belt market is segmented into OEM and aftermarket. The OEM segment is anticipated to gain prominent market share during the forecast period as OEM sales are directly proportional to the production rate of vehicles globally. Moreover, the increasing production of vehicles in the emerging economies in Latin America and MEA is likely to propel the demand for automotive timing chains and belts.

Global Automotive Timing Chain & Belt Market: Forecast by Region

APEJ is a prominent regional market and is anticipated to dominate the global demand for automotive timing chains and belts, followed by Western Europe. Noteworthy increase in sales in markets such as China, India, Mexico and Turkey among others is expected during the forecast period.

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Global Automotive Timing Chain & Belt Market: Key Players

Some of the key players operating in the global market for automotive timing chains and belts include Tsubakimato Chain Co., BG Automotive, Continental AG, BorgWarner Inc., Denso Corporation, Schaeffler Technologies AG & Co. KG, Mitsuboshi Belting Ltd., L.G. Balakrishan & Bros Ltd, Daido Kogyo Co. Ltd., SKF AB, Iwis Group, Gates Corporation, Dayco Products LLC, Qingdao Choho Industrial Co. Ltd., Rockman Industries Ltd., Sumax Industry Limited, CIC USA Corp, KCM Automobile Transmission Co. Ltd., and Mahle GmbH.

About the Automotive Division of FMI

The automotive division of FMI offers a novel approach and innovative perspective in the analysis of the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery across the manufacturing sector and distinctive analysis about the installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders, and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

Scope of Report

Attribute	Details
Forecast Period	2022-2027
Historical Data Available for	2012-2021
Market Analysis	USD Million for Value and Units for Volume
Key Regions Covered	North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa (MEA)
Key Countries Covered	US, Canada, Brazil, Mexico, Germany, U.K., France, Spain Italy, BENELUX, Russia, Poland, China, India, ASEAN, Australia and New Zealand, Turkey, South Africa
Key Segments Covered	Product Type, Sales Channel, Vehicle Type, Engine Type and Region
Key Companies Profiled	Tsubakimato Chain Co. BG Automotive Continental AG BorgWarner Inc. Denso Corporation Schaeffler Technologies AG & Co. KG Mitsuboshi Belting Ltd. L.G. Balakrishan & Bros Ltd Daido Kogyo Co. Ltd. SKF AB Iwis Group Gates Corporation Dayco Products LLC Qingdao Choho Industrial Co. Ltd. Rockman Industries Ltd. Sumax Industry Limited CIC USA Corp KCM Automobile Transmission Co. Ltd Mahle GmbH
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Explore FMI’s Extensive ongoing Coverage on Automotive Domain

Marine Elevators Market: According to research, the market for marine elevators is expected to surge ahead between 3%-5% CAGR from 2021 to 2031.

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Road Speed Limiter Market: According to latest research, road speed limiter market is set to witness steady growth during 2021-2031.

Steering Column Locks Market: According to research, the market for steering column locks is expected to surge ahead between 6%-8% CAGR from 2021 to 2031.

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Odometer Market: According to latest study, odometer market is set to witness steady growth during 2021-2031.

On-Board Fuse Box Market: According to study, the on- board fuse box market is projected to witness growth of over 5% CAGR during the forecast period 2021- 2031.

Bus Flooring Market: According to the study, the bus flooring market is projected to exhibit a marginal growth rate between 3% and 4% during the assessment period of 2021 to 2031.

Boat Hook Market: According to recent study, the global boat hook market is predicted to develop at a CAGR of 3% to 5% between 2021 and 2031.

Aircraft Refueling Hose Market: According to latest research, the aircraft refueling hose market is projected to expand between 4.0% and 6.0% CAGR during the 2020-2026 assessment period.

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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Future Market Insights,

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Automotive Exhaust Systems Market is poised to expand at over a 4% CAGR through 2031

ESOMAR certified consulting firm Future Market Insights’ recent report on the automotive exhaust systems market forecasts a relatively stable outlook for FY 2021-22, compared to the previous year, as the global automotive industry emerges from the recessionary impact of the coronavirus pandemic crisis. As production cycles resume, a gradual recovery is anticipated in the short-run, eventually translating into a stable outlook through 2031.

According to the report, growth prospects were weighed down significantly, attributed largely to a mature and stagnation in growth curves across the global automotive industry. Projections reflected a value of just under US$ 25 billion in 2017. In addition, automotive sales witnessed a marked decline of over 5%, down to nearly 92 million units by 2019.

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In spite of such downswings, growth has been sustained by increasing drives towards attaining zero carbon emission goals. Initiatives such as the UK government’s Road to Zero project have pledged to achieve at least a 70% sales figures with respect to low emission cars. Likewise, the US EPA’s Cleaner Trucks Initiative seeks to revise NOx emission levels, with strides already visible in the form of a 40% reduction in emission levels since 2001. The market is poised to expand at over a 4% CAGR through 2031.

Key Takeaways from FMI’s Automotive Exhaust Systems Market Study

Mufflers to cement its dominance, expanding at over 4% CAGR through 2031, by product type
By vehicle type, passenger cars are expected to retain the crown through 2021 and beyond
Automotive exhaust systems for gasoline driven vehicles to experience a substantial incline
Aftermarket sales to account for the maximum share in the automotive exhaust systems market
Key initiatives, including the Cleaner Trucks Act, to largely elevate automotive exhaust sales across the US
UK market to expand amid increasing LCV registration frequencies through 2021
Intensive EV infrastructure development to elevate German automotive exhaust systems growth prospects
China to cement its presence across the Asia-Pacific, characterized by a robust local manufacturing base

“Key manufacturers of automotive exhaust systems are emphasizing on incorporating selective catalytic reduction (SCR) technology based emission curbing approaches, prompting numerous innovations and product launches, expected to widen revenue pools across the forecast period,” says an FMI analyst.

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Competitive Landscape

Prominent automotive exhaust systems manufacturers are leveraging the most contemporary developments prevailing across the global automotive industry, including the quest to achieve carbon neutrality, spurring various technological advancements in compliance with key regulatory provisions.

To achieve this goal, prominent automotive aftermarket player Bosal International N.V. announced the launch of a new manufacturing unit and R&D center in Shanghai, China, in February 2021. This venture will support a supply contract for its original equipment customer Geely, to develop an eco-friendly exhaust system for the Volvo XC40 passenger car.

Also, Faurecia S.A. announced in February 2021 that it has acquired a significant stake in CLD, one of China’s largest high-pressure tank manufacturers to develop homologated type III and IV hydrogen storage tanks for the Chinese automotive market. This development is significant as China is expected to represent at least one million fuel cell vehicles by 2030.

Key Segments Covered

By Product Type

Exhaust Manifold
Muffler
Catalytic Converter
Oxygen Sensor
Exhaust Pipes

By Vehicle Type

Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

By Engine Type

Gasoline
Diesel

By Sales Channel

Original Equipment Manufacturer (OEM)
Aftermarket

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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.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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