Market Research Blog – Page 14914 – New Product Development

Global Water Treatment Polymers Market to reach a value of US$ 3.30 Bn by the end of 2031 – FMI

Increasing consumption of water treatment polymers in various industries is anticipated to propel growth of the water treatment polymers market. According to a new study by Future Market Insights (FMI), the market is likely to reach a value of US$ 3.30 Bn by the end of 2031

Rising demand for continuous water supply from mining & metals, food & beverages, oil & gas, semiconductor and pharmaceutical industries along with growing demand for uninterrupted supply of potable water are the key factors driving the global water treatment polymers market.

Increasing consumption of water treatment polymers municipal, and Industrial segments will remain a chief growth driver. Municipal water treatment and industrial water treatment together account for more than three fourth of the market.

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Key Takeaways of water treatment polymers Market Study

Driven by application across diverse sectors, the water treatment polymers market will surge at 6.9% CAGR between 2021 and 2031
Government initiatives towards ensuring safe water has enabled the U.S. account for dominant 86.5% of North America market in 2021
The demand in the U.K. will remain steady, exhibiting 3.6% y-o-y growth in 2021
Increasing investment in waste water treatment to drive growth in Germany and France
Government initiatives towards curbing air, water, and land pollution to drive growth in Japan and South Korea

“East Asia and South Asia Pacific are gradually recovering from the economic implications of the pandemic. While several end users had to witness setback amid COVID-19, their operations are returning to normalcy since governments are gradually withdrawing restrictions on free movement. Water treatment polymers market players see this as an opportunities to expand their business and regain momentum after a temporary period of lull” said by a FMI analyst.

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Who is Winning?

The global water treatment polymers market can be considered as fairly fragmented. A large number of players account for a small share of the total water treatment polymers market. In order to survive in the market, manufacturers are focusing on long-term contracts with end users for maximizing profits and ensuring continuous revenue flow.

Key market participants including Suez Water Technologies and Solutions, Solenis, Ecolab Inc., Kemira Oyj, Thermax Limited, Chemigate ltd., Alken-Murray Corporation, Aries Chemical Inc., Chemco Products Inc., CHEM.ENGI s.r.o., SNF Group, Accepta Water Treatment products Co., Beackart Environmental Inc., Pentair, Dow Chemical Company, and ShanDong XinTai Water Treatment Technology Co. Ltd. are focusing on increasing their share in global market by entering into strategic acquisitions with local and regional players.

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Water Treatment Polymers Market by category

Product Type

Polyacrylamides
Polyacrylates
Quaternary Ammonium Polymers
Polyamines

Application

Preliminary Treatment
Water Treatment
Sludge Treatment

End-Use

Residential Buildings
Commercial Buildings
Municipality
Industrial
- Chemical & Petrochemicals
- Oil & Gas
- Mining & Metals
- Food & Beverage
- Pharmaceuticals
- Semiconductors
- Thermoelectric Power Plants
- Others

Region

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

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Global Expanded Polypropylene (EPP) Foam Market to exhibit 6.0% CAGR between 2022 and 2031

Rising demand for lightweight vehicles is expected to drive sales in the expanded polypropylene (EPP) foam market. According to a study by Future Market Insights (FMI), the market is expected to exhibit 6.0% CAGR between 2021 and 2031

Globally, the growth of global expanded polypropylene (EPP) foam market is driven by the increasing demand from automotive and industrial packaging industries. EPP foam is a special kind of foam, which is light weight, highly durable, offers energy or shock absorption, and wear, tear, impact and chemical resistance.

Application of EPP foam is expected to increase across diverse industries as they look for advanced industrial packaging solutions. Of these, the automotive sector is expected to account for nearly half of EPP foam sales over the forecast period.

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Key Takeaways from EPP Foam Market Study

The global EPP foam market is estimated to reach a market value of US$ 2.24 Bn by 2031
Rising automotive production will enable the U.S. account for nearly 80% of sales in North America
Increasing construction spending will enable the U.K. market exhibit a solid 5.1% y-o-y growth in 2021
Construction and industrial recovery will boost sales in Germany and France
Besides China, Japan and South Korea will emerge as key markets backed by rising industrial application in East Asia

“Despite sluggish growth registered amid pandemic, EPP foam sales are expected to pick up in response to economic recovery across the world. Manufacturers are likely to capitalize on the opportunity by offering quality products and competitive pricing,” said a lead analyst at FMI.

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Who is winning?

Key manufacturers in the EPP Foam market such asBASF SE, Schaumaplast GmbH & Co. KG, Hanwha Corporation, Recticel, Furukawa Electric Co., Ltd, Knauf Industries, Paracoat Products Limited, Kaneka Corporation, JSP Corporation, ACH foam Technologies, The Woodbridge Group, SSW Pearl Foam GmbH, Sonoco Products Company, Clark Foam, Bradford Company, Dongshin Industry Inc., DS Smith Plastics, Marko Foam Products, Inc., Eurofoam Group, Dongguan City Prosperous Mass Poly Foam Co.Ltd are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

To Know More about EPP Foam Market:

A new market research report published by Future Market Insights (FMI) on the global EPP Foam market report offers in-depth insights into the market demand trends and assessment of opportunities during the forecast period. The report analyses the EPP Foam market through three different segments- grade type, by manufacturing process, by application and region. The EPP Foam report also offers detailed analysis of pricing analysis by different grade type’s demand across various application and patent analysis in the market.

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Expanded Polypropylene (EPP) Foam Market by Category

Grade Type

Low Density
High Density
Porous PP

Application

Automotive
Industrial Packaging
Consumer Products
Building & constructions
Others

Region

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

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Global Organo-modified Bentonite Market set to reach US$ 444.8 Mn by the end of 2031

Increasing demand from oil & gas industry for drilling fluids is expected to fuel the demand for organo-modified bentonite. According to a new study by Future Market Insights (FMI), the market for organo-modified bentonite is set to reach US$ 444.8 Mn by the end of 2031.

Organoclays have found widespread use as fillers for polymers, rheological additives & thickeners in polymer solutions and as components of systems used as drilling fluids. Furthermore, the bulk of organo-modified bentonites is prepared using derivatives of quaternary ammonium salts, consisting primarily of long alkyl chains and functional groups such as hydroxyethyl, benzyl and others.

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Moreover, organo-modification has resolved several problems associated with the combination of bentonites with polymers. Its increasing application across diverse sectors will continue to drive the market through the forecast period.

Key Takeaways of Organo-Modified Bentonite Market Study

Organi-modified bentonite sales to increase at above 6% CAGR through the forecast period
Backed by strong presence of oil and gas sector, the U.S. will lead North America with a share of above 90% in 2021
Application across diverse sectors will enable the U.K. market to register 5.5% Y-o-Y growth in 2021
Germany and France are projected to record high demand driven by rising demand from paints & coatings sector
China will continue dominating East Asia, while South Korea and Japan will register positive sales

“Bentonite manufacturers are striving to enter into the organo-modified bentonite business with an integrated production process. Also, most manufacturers are collaborating with existing manufacturers for technological expertise. Organo-modified bentonite manufacturers are engaged in developing new process technologies to utilize organo-modified bentonite for different applications” Says a FMI analyst.

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Demand from Diverse Industry Set to Drive Growth

According to FMI, organo-modified bentonite has immense scope for application in the paint and coating industry owing to its characteristics such as strong thickening ability, good compatibility and are applicable to low and middle polar solvent systems. Also, organo-bentonites have a positive influence on rheological properties such as drilling fluid, completing fluid, and others including anti-sagging, which reduces settling in containers. Organo-modified bentonite is especially manufactured for use in solvent-based system, this solvent-based system containing good adhesives properties such as durability.

Who is Winning?

The global organo-modified bentonite market can be considered as consolidated, few leading players account for a prominent share of the total Organo-Modified Bentonite market. Manufacturers are focusing on long-term contracts with end users for maximizing profits and ensuring continuous revenue flow.

Key market participants including Elementis, BYK, MI-Swaco, Laviosa, Lamberti, Huate Corp., Unitech Chemicals (Zibo), Camp Shining, Tolsa, Manek Group, Zhejiang Anji Tianlong Organic Bentonite Co. Ltd., Zhejiang Qinghong New Material Co. Ltd. and Changxing Guangda New Materials Co., Ltd. amongst others are focusing on increasing their share in global market by entering into strategic acquisitions of medium players and collaboration with other market participants.

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Organo-Modified Bentonite Market by Category

Application

Drilling Fluid
Clarification Agent
Nucleating Agent
Binder
Absorbent / Adsorbent
Others

End Use

Oil & Gas
Foundry
Paints & Coatings
Textile
Water Treatment
Cement
Cosmetics
Lubricants & Greases
Coal Briquette

Region

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

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Global Amines Market to reach US$ 56.93 Bn by the end of 2031 – FMI

Increasing consumption of amines in pharmaceuticals is anticipated to drive the market during the assessment period, staring from 2021 to 2031. In a new study Future Market Insights (FMI) has forecast the market to US$ 27.86 Bn in 2021. Amines (R₃N) are functional groups derived from ammonia which contain nitrogen atom with a lone pair. It is used in manufacturing of medicine, agrochemicals, and polymers. It also is used in water and gas treatment.

The rising demand for MDI among pharmaceutical industries is driving the global amines market. Moreover, increasing applications in agrochemicals, polymer & rubber, paints, coatings & dyes, cosmetics & personal care, and other end use industries is to drive sales in the coming years.

Geographically, East Asia is anticipated to remain the dominant. The rising demand from the region, especially China owing to presence of large number of manufacturers and end users will aid expansion.

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The ongoing COVID-19 pandemic has impacted the global economy to a considerable extent causing severe loss to the industrial as well as to the commercial sector. This trend is observed to be true for the amines market growth, which is estimated to slightly dip down in the year 2020 and further is projected to get the desirable growth from first half of 2021.

Key Takeaways of Amines Market Study

The amines market is forecast to reach US$ 56.93 Bn by the end of 2031, rising at 7.4% CAGR during the forecast period
The U.S. will continue exhibiting high demand, accounting for over 94% of sales in North America
The U.K. too will emerge as a strong market, exhibiting above 5% Y-o-Y growth in 2021
The demand from Germany and France is set to rise on account of increasing focus on water treatment
Within East Asia, China and South Korea are expected to emerge as key markets, while Japan will continue exhibiting growth at a positive rate

“The rising demand from end-use industries such as, pharmaceuticals, agrochemicals and paints, coatings, and dyes is expected to fuel the demand for Amines. Market players, while aiming to capitalizing on existing opportunities, are focusing on strategic collaborations to gain competitive edge,” said by a FMI analyst.

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Who is winning?

Some of the leading players are planning to expand their distribution and sales footprint in East Asia and South Asia. This shift in focus towards developing economies is steered by the on the back of easy availability of cost effective raw materials, availability of workforce at economic rate, and considerable relaxation in regulations for chemical industries and subsidies in other utilities.

Market Landscape: Competitive

The global amines market is considered as oligopolistic. In order to get competitive advantage in the market, manufacturers are focusing on long-term contracts with end users for maximizing profits and ensuring continuous revenue flow. Key market participants including BASF SE, Evonik Industries AG, Lonza, Akzo Nobel N.V, Arkema Group, Celanese Corporation, Clariant, Daicel Corporation, Dow Chemical Company, Huntsman International LLC, Eastman Chemical Company, INEOS, LyondellBasell Industries N.V., Mitsubishi Gas Chemical Company Inc., SABIC, Solvay, Tosoh Corporation, Indo Amines Limited, Balaji Amines, Amines & Plasticizers Limited, Alkyl Amines Chemicals Limited and RCF Limited are focusing on increasing their share in global market by entering into strategic acquisitions of medium players and collaboration with other market participants.

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Amines Market by category

Product Type

Aromatic Amines
Fatty Amines
Specialty Amines
Aliphatic Amines
Amine Derivatives
QAC

End Use

MDI
Pharmaceuticals
Agrochemicals
Paints, Coatings, Dyes & Inks
Plastic, Polymer & Rubber
Water Treatment
Cosmetics & Personal care Industrial & Home care
Others

Region

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

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Heater-Cooler Devices Market Insights, New Innovations, Research and Growth Factor till 2027

Heater-Cooler Devices Market: Region-wise Outlook

In terms of geography, heater-cooler devices market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding Japan, Japan Middle-East & Africa and Latin America. The heater-cooler devices market is dominated by North America region while Asia Pacific is expected to emerge as a fastest growing region. In October 2015, the U.S. FDA had issued safety communications related to heater-cooler devices to help reduce the risk of infection to patients. The document included certain recommendations related to the use of the heater-cooler devices to minimize the changes of nontuberculous mycobacterium infections.

Heater-cooler devices are used during surgeries to cool or warm patients depending on their case. The heart cooler devices forms an important part of surgeries related to lungs and heart. Heater-cooler devices include tanks that provide temperature-controlled water to external heat exchangers or to warming/cooling blankets through closed water circuits. Heater-cooler devices are Class II devices that can be included under one of the following cardiovascular classification regulations: 870.4250 Cardiopulmonary Bypass Temperature Controller or 870.5900 Thermal Regulating System.

Heater-Cooler Devices Market: Drivers and Restraints

The demand for heater-cooler devices is expected to boom owing to the increasing number of heart surgeries that are performed. With every year, the volume of heart surgeries as the number of people with the occurrence of such heart diseases is also increasing. Moreover, in emerging economies such as India, heart disease is on its way to becoming an epidemic in the country.

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Heater-Cooler Devices Market: Overview

The cardiopulmonary bypass temperature controller is used to supply temperature controlled water to the heat exchange devices intended to supply temperature controlled blood to the type of surgery being performed. Thermal Regulating Systems are used with cooling/warming devices. Though these heater-cooler devices fall under the cardiovascular class of regulation, they can be used for other medical procedures. According to the CDC, every years there are around 250,000 heart by-pass surgeries performed in the U.S. The heater cooler-devices form a very important part of life saving surgeries as they maintain the temperature of the circulating blood or the organ.

Heater-Cooler Devices Market: Key Market Participants

Some of the heater-cooler devices market participants are Terumo Corporation., Sorin Group and CardioQuip, among others. The potential offered by the heater cooler devices has led to the improvement of the current product offerings offered. Market players manufacturing the heater-cooler devices are modifying their existing heater-cooler devices and applying for approvals. This trend is expected to create a market for heater-cooler devices where there is a demand for upgraded products and the market players are also developing the heater-cooler devices to compete with the rest. In August 2017, Livanova PLC announced the implementation of a device modification to its existing 3T Heater-Cooler devices in Western Europe. The modification of the heater-cooler device offered to the customer comes at no cost. The heater-cooler device available to the customer was upgraded with the installation of an internal sealing and vacuum system.

LivaNova plans to implement the design modification on existing heater-cooler devices in the field, as one part of a three-part device remediation plan to address the important industry-wide issue concerning the use of heater-coolers during open-heart surgery.

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

The report covers exhaustive analysis on:

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

The 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
The 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, macroeconomic 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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Heater-Cooler Devices Market: Segmentation

On the basis of application, the heater-cooler devices market can be segmented as:

Heart Bypass
Heart-Valve Replacement
Other Heart And Lung Operations

On the basis of end user, the heater-cooler devices market can be segment as:

Hospital
Clinics
Ambulatory Surgical Centers
Trauma Centers

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.

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Global Firearm Lubricants Market to grow at 2.5% CAGR through 2031 – FMI

According to a report by Future Market Insights (FMI), the global firearm lubricants market is expected to reach US$ 523.8 Mn by 2031. Asia-Pacific has been identified as an emerging market for the firearm lubricants. It is expected to continue exhibiting high growth backed by increasing demand from countries such as India and China.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors fueling the demand for Firearm Lubricants. The report tracks the global sales of Firearm Lubricants in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the construction industry in general, and Firearm Lubricants in particular.Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-8630

A key example to support this statement is that countries like India, China, and Israel are investing large sum in their defense sector. According to FMI, the military and defense sector over 60% of global sales. Shift from mineral based lubricants to bio lubricants due to their excellent properties and environmental friendly nature, especially in defense industry is set to be a new trend witnessed in the market.

Key Takeaways of Global Firearm Lubricants Market Study

The global firearm lubricants market is estimated to expand at a CAGR of 2.5% by during the forecast period of 2021-2031
The U.S. is expected to account for over 85% of firearms lubricants sold in North America in 2021
The U.K. market will continue exhibiting a moderate Y-o-Y growth at 1.6% in 2021
The demand from Germany and France will remain positive through the forecast period
China will continue leading sales in East Asia

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“Growing demand from military & defense industry is expected to drive the firearm lubricants market through the forecast period 2021-2031. Companies operating in the market are focusing on expansion of their footprint especially in emerging countries with strong military infrastructure,” says an FMI Analyst.

The global firearm lubricants market is expected to gain considerably from increasing demand from military & defense industry. Manufacturers in the firearm lubricants market are focusing on capitalizing on opportunities in Asia. Increasing security threats across several countries give tailwinds to growth recorded in the region.

Expansion of distributors & trade partners across developing regions is intended at creating a strong footprint. India, China, Russia, the U.S., Israel, among other countries are providing ample opportunities for firearm lubricants market.

Who is winning?

The global firearm lubricants market has been forecast to witness an influx of regional level manufacturers. The Tier 3 manufacturers account for maximum share in the global market. Some leading players included in the report are Lucas Oil Products, Inc, ITW-ROCOL, L&R Ultrasonics, Amsoil Inc, MPT Industries, G96 Products Inc., Radco Industries, Inc., Pacific Specialty Oils, Ballistol and Tier 3 manufacturers such as Clenzoil Unlimited, Taurus Petroleum Pvt. Ltd., and many regional players’ manufacturers across the globe are anticipated to create tough competitive environment on the global level.

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Firearm Lubricants Market

By Type

Synthetic
Mineral Oil
Bio Based
Blended

By Form

Oils
Aerosol Spray
Grease
Other Fluid

By Application

Guns & Pistols
Tanks & Armored Vehicles

By End-use

Military & Defense
Police & Private Security
Individuals

By Region

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

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Air Fluidized Therapy Beds Market Growth Analysis, Opportunities, Trends, Developments, And Forecast to 2027

Air fluidized beds therapy is a modern innovation for the patients suffering from diseases or after the surgery, air fluidized beds work on the technology, in which glass ceramic beads, named as micro-spheres,used for air fluidized beds. The air fluidized beds therapy uses air to fluidize the full bed according to the patient’s need, this action is also known as fluidization.The air pressure is flow inside the bed by the pumps which is connected near to the bed, the air flow inside the bed work like a liquid to provide better position to the patient. Air fluidized beds therapy are used by patients who are suffering from diseases such as ulcers, wounds and other, air fluidized beds also help the patients to reduce the pain. The air fluidized beds are waterproof and permeable on the surface. The beds are also temperature control to provide the perfect environment to the patients. The air fluidized beds come with the air pillows which provide the support to the head and neck of the patients.

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Air Fluidized Therapy Beds Market: Drivers and Restraints

Air fluidized beds therapy market will witness a significant growth over the forecast period, with increasing number of patients suffering from wounds. According to the AHRQ (Agency for Healthcare Research & Quality), 2.5 million inpiduals or more in the US are suffering from pressure ulcers yearly. Players are also working on technology advancement of air fluidized beds to reduce the heat and noise of the bed. The high cost is the hindrance of the market as of now.

Air Fluidized Therapy Beds Market: Overview

Air fluidized beds therapy are mostly used for patients suffering from wounds and skin related problem. Players are providing the beds based on the indication. Air fluidized beds therapy for the skin are specially design for providing moisture, and other conditions as per needs of patients. The air flow inside the bed support full body by reducing share and pressure. Players also coming up with a battery-operated air fluidized beds to provide support to patients in relocation. Various sensors are also under development, to support the patients from pressure dynamic and temperature controllers.

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Air Fluidized Therapy Beds Market: Region-wise Outlook

Geographically, Air fluidized therapy beds market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America is the major market for air fluidized therapy beds, as leading players are located in this region, and the number of patients are also high. Europe and Asia Pacific are the growing region as the adoption of air fluidized therapy beds is increasing and in Asia Pacific the awareness is also increasing to use the product in various therapy.

Air Fluidized Therapy Beds Market: Key Players

Some of the players in air fluidized therapy beds market include: Hill-Rom, Dolphin System, AURORA MFG, American Medical Equipment, Blue Chip Medical, Akthel Healthcare BV and ArjoHuntleigh.

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

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

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Air Fluidized Therapy Beds Market: Segmentation

Air fluidized beds therapy is segmented based on:

Air fluidized beds therapy by Indication:

Pressure Ulcers
Burns
Others

Air fluidized beds therapy by End User:

Hospitals
Ambulatory Surgical Centers
Others

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.

Global Veneer Sheets Market to rise at 2.3 percent CAGR by 2031 – FMI

Steady growth registered by the veneer sheets market is attributable to consistently rising demand from commercial and residential construction. In a new study, FMI has forecast the market to reach US$ 33.37 Bn by 2021. Growth forecasts continue to stay positive, albeit moderate because some of the established markets have been reaching maturity. For instance, despite recovery post COVID-19 in 2020, Europe will continue exhibiting moderate growth through the forecast period.

Veneer is a very thin coating used on the surface of the solid material. Veneer sheets are often glued to a solid material so that an otherwise dull piece of furniture can be made to appear elegant in a cost-effective manner. Moreover, applying a layer of veneer increases the durability of furniture, which makes veneer sheets highly sought-after in the construction sector.

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As per FMI analysis, the global veneer sheets market is projected to reach a market value of US$ 41,163 Mn by 2031, growing at a CAGR of 2.3% during the forecast period of 2021-2031. Although the market for veneer sheets is projected to rise consistently, the COVID-19 pandemic is expected to have a major impact on short-term demand pattern. COVID-19 pandemic also has compelled manufacturers to revisit strategies adopted for expansion to ensure steady growth in the near future.

Also, delays caused in building projects and manufacturing process have contributed to a decline in demand for sheets of veneer. Nonetheless, with economies returning to normalcy post extended lockdown period, sales of veneer sheets are expected to pick up, especially in the residential sector, which has also been identified as leading end-use in the report. FMI has predicted it to account for nearly 65.5% of the market in 2021.

Key Takeaways from Veneer Sheets Market Study

Veneer sheet market will pick up pace post decline registered in 2020. FMI has projected the market to record 1.5% Y-o-Y growth in 2021
The U.S. will continue leading the market in North America, accounting for 80.9% share in 2021
The U.K. is projected to record growth at 1.0% in 2021
Germany and France will remain key markets for veneer sheets in Europe
Germany and France will continue exhibiting high demand, with Germany forecast to remain dominant in Europe through 2031
Japan and South Korea to remain lucrative markets in East Asia. Among these countries, South Korea will exhibit high growth over the forecast period

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“Product differentiation is one of the key strategies adopted by the market players. They are focusing on introducing a wide range of veneer sheets, designed keeping in mind specific applications as per consumer requirement,” said a lead FMI analyst.

Veneer Sheets Market: Participant Insights

Some of the leading companies operating in veneer sheets market are GREENLAM INDUSTRIES LTD., Sauers & Company Veneers, Oakwood Veneer Company, Veneer Technologies, Inc, FormWood Industries, Inc., Turakhia Overseas Pvt. Ltd., CEDAN INDUSTRIES, CENTURYPLY, Ltd, Herzog Veneers, Inc., Ltd, SR Wood, Ltd, Pearlman Veneers and Flexible Materials Incorporated. These companies are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

To Know More about Veneer Sheets Market

A new market research report published by Future Market Insights (FMI) on the global Veneer Sheets market report offers in-depth insights into the market demand trends and assessment of opportunities during the forecast period. The report analyses the Veneer Sheets market through three different segments- product type, end-use, and region. The Veneer Sheets report also offers detailed analysis of pricing analysis by different product types demand across various end-use industries, and patent analysis in the market.

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Key Segments

Product Type

Paper-Backed
Wood-Backed
Phenolic-Backed
Laid-Up
Others

End Use

Commercial
Residential

Region

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

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Global Polysulfide Market to reach a market value of US$ 490.7 Mn by 2031 – FMI

Polysulfides are a class of chemical compounds in which there are chains of sulfur atoms. Polysulfides are compounds in the backbone that have thioether functions, which are sometimes called polythioethers or Thiokols (T). According to Future Market Insights (FMI), the global polysulfide market is projected to reach a market value of US$ 490.7 Mn by 2031, growing at a CAGR of 5.0% during the forecast period of 2021-2031.

Growth in the coming years is expected to be driven by rising polysulfide consumption in downstream markets, especially in building & construction, rubber processing and other specialty polymers. Automotive and aerospace are other chief end-use verticals that are expected to imbibe a healthy rate of polysulfide as structural components.

According to a report by the Institution of Civil Engineering, titled “Global Construction Perspectives and Oxford Economics,” the global construction market was forecast to reach nearly US$ 8 trillion by the end of 2030. Also construction activities within India, China, and the U.S. is poised to surge considerably, which will create considerable scope for expansion of the market.

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However, industrial processing is likely to account for lion’s share of the market. Recovery of industrial processing post COVID-19 crisis will enable the market gain momentum. FMI has predicted the industry to remain dominant through the forecast period, accounting for above 30% of the market in 2021.

Key Takeaways from Polysulfide Market Study

Polysulfide market will continue exhibiting steady growth through the forecast period. It has been projected to showcase 4.6% Y-o-Y growth in 2021
The U.S. will emerge as a highly lucrative market, accounting for 86.4% of overall share in North America
The U.K. will remain a key market in Europe and globally, exhibiting 3.6% Y-o-Y growth in 2021
Germany and France will continue exhibiting high demand, with Germany forecast to remain dominant in Europe through 2031
Japan and South Korea will remain highly lucrative, however, China will continue dominating the market in East Asia

“Though the Pandemic has had a negative impact on multitude of sectors including construction and manufacturing with associated industries through the majority of financial quarters of 2020, rebound in growth of polysulfide market towards a healthy rate is expected in the next fiscal. The growth impetus will be based primarily on construction materials and ancillaries in automotive and aerospace industries. The regional market growth will be dependent on the basis of performance index of the respective industries. U.S. and South East Asia are expected to provide sound growth opportunities from all end use industries, with remaining regions deemed to observe a moderate growth rate,” said a lead analyst at FMI.

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Who is winning?

Key manufacturers in the polysulfide market such as Nouryon, Toray Fine Chemicals., JSC Kazan Synthetic Rubber Plant, Flamemaster Corporation, Akzo Nobel N.V., Ineos Group, Chevron Phillips Chemicals, Arkema and Robinson Brothers are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

To Know More about Polysulfide Market

A new market research report published by Future Market Insights (FMI) on the global Polysulfide market report offers in-depth insights into the market demand trends and assessment of opportunities during the forecast period. The report analyses the Polysulfide market through three different segments- product type, end-use, and region. The Polysulfide report also offers detailed analysis of pricing analysis by different product type’s demand across various end-use industries, and patent analysis in the market.

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Key Segments

Product Type

Thiokols
Solid Polysulfide Elastomers

End Use

Automotive & Transportation
Industrial Processing & Application
Building & Construction
Protective Coatings
Specialty Chemicals
others

Region

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

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Ocular Tuberculosis Therapeutics Market By Product Type, By End User and By Region: Industry Analysis, Revenue Opportunity, Competitive Analysis

Ocular Tuberculosis Therapeutics Market: Drivers and Restraints

The primary driver of the ocular tuberculosis therapeutics is the increasing number of cases in the population. For instance, according to the WHO 2015 report, there were 9,557 tuberculosis cases (a rate of 3.0 cases per 100,000 persons) in the United States, a 1.6% increase in the number of TB cases compared to cases reported in 2014. Moreover, regulatory reforms to support a regime or combination of drug treatment rather than a single medicine is also expected to boom the demand for ocular tuberculosis therapeutics market. In August 2016, the European Medicines Agency (EMA) launched a public consultation on revised guidance for companies developing new drugs to treat tuberculosis. EMA feels that the current treatment and the guidelines cannot address the problem as they are slow, complex, and lengthy and develop multiple drug resistance tuberculosis.

Tuberculosis is caused by a causative agent named Mycobacterium tuberculosis, which can lead to affecting any part of the body including eye. When ocular tuberculosis is truck by mycobacterium tuberculosis it can affect any part of the eye including superficial, intraocular or area surrounding the eye. With or without systemic involvement. Secondary ocular tuberculosis occurs due to the haematogenous spread from distant site or sometimes by direct invasion from adjacent structures, like the sinus or cranial cavity. Posterior uveitis is the most common presentation of intraocular TB while it forms an initial presentation of extra pulmonary dissemination of infection.

Ocular Tuberculosis Therapeutics Market: Overview

There are different mechanisms through which ocular tuberculosis may occur, involving the lid, conjunctiva, cornea, and sclera. In past years there has been a rise in the prevalence of tuberculosis owing to which there is an increasing government involvement and awareness programs. The increase awareness for Ocular Tuberculosis Therapeutics and active participation of government organization is anticipate to drive the growth of Ocular Tuberculosis Therapeutics market over the forecast. In April 2017, Cebu City Jail made HIV and tuberculosis testing mandatory for the inmates. To date, there are 135 inmates diagnosed with HIV and 32 with tuberculosis. Seventeen inmates have died due to various illnesses. Apart from some of the inmates already having tuberculosis or HIV, there is no proper medical check-up protocol when an inmate is transferred to the facility and that jail cells are congested. This lack of medical check-up protocol is expected to hinder the growth of ocular tuberculosis therapeutics market over the forecast period. Based on treatment type, the Ocular Tuberculosis Therapeutics market is segmented into First line treatment & Second line treatment. Second line of treatment for Ocular Tuberculosis Therapeutics includes Fluoroquinolones, Aminoglycosides, Cycloserine, Polypeptides, p-Aminosalicylic Acid & Thioamides. Combination treatment for Ocular Tuberculosis is anticipate to witness significant growth in overall Ocular Tuberculosis Therapeutics market.

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Ocular Tuberculosis Therapeutics Market: Region-wise Outlook

In terms of geography, ocular tuberculosis therapeutics market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding Japan, Japan Middle-East & Africa and Latin America. North America Ocular Tuberculosis Therapeutics is expected to remain the dominating region while Asia Pacific Ocular Tuberculosis Therapeutics is expected to emerge as a fastest growing region. In Asia Pacific region apart from the huge population base and the high prevalence rate of tuberculosis, there are research grants offered by the various organizations in Ocular Tuberculosis Therapeutics to bring in more product developments. Such investment is encouraging academic and corporate partnership to focus of Ocular Tuberculosis Therapeutics development and commercialization. In June 2017, Dr Soumyava Basu received a grant of US$ 46,638 from the Department of Health Research (DHR) and the Indian Council of Medical Research (ICMR) to conduct a clinical trial on ocular TB research.

Ocular Tuberculosis Therapeutics Market: Key Market Participants

Some of the ocular tuberculosis therapeutics market participants are AstraZeneca, Bayer HealthCare AG, Biological E, BioVersys, Cadila Pharmaceuticals, Concept Pharmaceuticals Ltd., Infectex, Johnson & Johnson, Labatec-Pharma SA, Lupin Pharmaceuticals Inc., Macleods Pharmaceuticals Ltd., Maneesh Pharmaceuticals, Novartis, Otsuka Novel Products, Pfizer, Pharmasyntez, Sandoz, Sanofi, Sequella, Inc., and Themis Medicare Ltd.

The report covers exhaustive analysis on:

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

The 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
The Middle East and Africa (GCC, S. Africa, N. Africa)

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Ocular Tuberculosis Therapeutics Market: Segmentation

On the basis of treatment the ocular tuberculosis therapeutics market can be segment as:

First line treatment
Rifampicin
Isoniazide
Ethambutol
Pyrazinamide
Second line treatment
Flouroquinolones
Aminoglycosides
Cycloserine
Polypeptides
p-Aminosalicylic Acid
Thioamides
Combination Therapy

On the basis of end user the ocular tuberculosis therapeutics market can be segment as:

Hospital
Clinics
Ambulatory Surgical Centers

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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.