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Polymer Emulsion Market Global Forecast Report to 2025

Emulsion can be well-defined as the process of mixing of two liquids with difference in their densities (oil-water).Polymer emulsion is done by the process of emulsion polymerization in which the emulsification of a monomer is done in the presence of water and a surfactant, especially sodium stearate. The most common monomers used in the process of emulsion polymerization are styrene, acrylonitrile, butadiene, acrylate ester and methacrylate ester.

Polymer emulsions are the specialty polymers which are used in the manufacturing of specialty chemicals such as adhesives, paints and coatings, offset inks, paper & paperboards, textiles, and construction chemicals. Polymer emulsion production process is an environmental friendly process which produces polymers with high molecular weight and very lean volatile organic compounds. Polyvinyl acetate based polymer emulsion products have a significant impact on the industries such as adhesives, paints and coatings.

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Global Polymer Emulsion Market: Drivers & Restraints

The growth in global polymer emulsion market is primarily driven by factors such as the rise in the number of industrial applications of polymer emulsion such as paints and coatings, adhesives, paper and textile. From the economical and safety point of view the polymer emulsion based paintings and coatings are flame resistant and is likely to propel the global polymer emulsion market over the forecast period.

The regulatory norms of the government for the protection of environment is another driving force which will boost the global polymer emulsion market by the end of 2025. Considering the fact that the polymer emulsion polymers comply with the regulatory norms set by the government, global polymer emulsion market is set to accelerate. Low capital requirement for setting up manufacturing units is one of the parameter driving the global polymer emulsion market. On the other hand, increasing cost of raw material is acting as a restraint in the growth of global polymer emulsion market throughout the forecast period.

Global Polymer Emulsion Market: Region-wise Outlook

The global polymer emulsion market is geographically distributed into seven key regions which include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and Middle East & Africa. Increasing demand from the end use industries like building & construction, paints and coatings and automotive in emerging economies of Asia-Pacific regions like China, India and Indonesia will fuel the global polymer emulsion market throughout the forecast period. Among developed Western Europe countries such as Germany, painting and coating along with adhesive application had the highest consumption of polymer emulsion in 2014.

Eastern Europe region for polymer emulsion is anticipated to grow at a healthy CAGR in the next few years. In North America, the U.S. dominated the global polymer emulsion market. Rapid growth in automotive industry coupled with construction sector in the Latin American region will favour the polymer emulsion market growth by the end of 2025. Middle East & Africa is anticipated to witness a steady CAGR in the global polymer emulsion market.

The upsurge in the number of industries coupled with increasing initiative in infrastructure development in this regions is likely to fuel the growth of polymer emulsion market during the forecasted period.

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Global Polymer Emulsion Market: Key Players

Key players in the global polymer emulsion market include 3M, The Dow Chemical Company, BASF SE, H.B. Fuller, Scott Bader Company Ltd., Celanese Corporation and Apotex industries Ltd amongst others.

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, product type, application and end use industry.

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The report covers exhaust 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)
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.

Silicone Market 2022 | Present Scenario and Growth Prospects 2030

Silicone is an eminent component in various industries, given its umpteen benefits such as high durability, foam control, UV stability, radiation resistance and adhesion. Non-toxicity of silicone drives its application in the food sector where optimum quality is imperative.Over the last few years, silicone have been a key component in the automobile industry for reducing overall weight of vehicles which further enhances fuel-efficiency. Further, the excellent properties of silicone allows market players to develop customized solutions as per end users’ requirement.

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Global Silicone Market – Growth Drivers

The electronics industry will remain the primary consumer of silicone material, where it is mainly used as a semiconductor.

Owing to high conductivity, silicone materials are used to maximize the performance of several devices such as transistors, printed circuit boards (PCB), and integrated circuits (IC). Recent study reveals that the electronics industry is anticipated to grow at 4% CAGR.

With a smooth texture, silicone finds application in the cosmetics industry. Silicone-based cosmetic products are used for hair and skin conditioning. The material works as an emulsifier, which helps in combining other ingredients in cosmetic products.

Going forward, emollient qualities of silicone makes its ideal in production of moisturizers. The global cosmetic industry is estimated to reach US$ 648 Mn, growing at 6% CAGR. Furthermore, silicone sealants are becoming commonplace in construction industry as they offer better characteristics compared to conventional polyurethane (PU) polysulfide, and acrylic sealants.

Global Silicone Market – Growth Restraints

Fluctuating prices of raw materials are majorly hampering the silicone market growth. Government agencies such as the UK Competent Authorities and the European Chemicals Agency (ECHA) has impose reduction on the usage of cyclosiloxanes D4 and D5, used in cosmetic and personal care industry.

Both the silicone products are expected to be limited to concentration of 0.1% by weight in cosmetic formulations.

In medical sector, silicone are considered medical-grade only if they meet the standards of USP Class V and VI. Furthermore, silicone manufacturers have to fulfil various regulations including, Restriction of Use of Hazardous Substances (RoHS), the Dodd-Frank Act, and the US government’s International Traffic in Arms Regulations (ITAR) for production of silicone rubber used in healthcare sector. The entire process is time-intensive, thus, putting strain on market revenue pool.

Impact of COVID-19 on Global Silicone Market

The COVID-19 pandemic has created a steep downfall in world economy by halting manufacturing processes and disrupting supplies in global trade.

Silicone is commonplace material in several industries – cosmetics, automotive and construction – as such, drastic reduction in demand from these end-use industries is severely hitting the profit margins of manufacturers.

Consequently, manufacturers are partially or completely halting their production units, further causing turmoil in the supply chain.

On the other hand, demand for silicone from health care sector have seen a significant uptake amid the COVID-19 pandemic. Medical gloves derived from silicone cause none to minimal allergic reactions. Moreover, rising concerns regarding virus spread are fueling the usage of silicone gloves for common use, and this demand will continue for a long period.

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Global Silicone Market – Regional Analysis

Asia Pacific (APAC) would remain in the vanguard of the global silicone market both in terms of revenue share and CAGR. The market growth in the region is majorly driven by well-established electronics and automotive industry.

High adoption of renewable energy and fast uptake of electric vehicles (EV) are providing lucrative opportunities for silicone manufacturers. China, Japan, India, and Australia are attracting huge stakeholders’ attention, given presence of large manufacturing sector in these countries.

Emergence of automotive sector in Mexico is driving the silicone market in North America. Rising demand for minimally-invasive surgeries in tandem with well-developed healthcare infrastructure is further propelling the regional market.

Global Silicone Market – Competitive Landscape

The global silicone market is fairly consolidated comprising limited number of players. These market leaders are continuously focusing upon expansion activities and R&D projects to widen the application of silicone materials. For instance,

Wacker Chemie AG (Germany) and Shin-Etsu Chemical Co. Ltd. (Japan) are expanding their manufacturing units in APAC, owing to low cost production and cheap labors.
In June 2020, Shin-Etsu developed a new technology – Reduced-Platinum Reaction Curing System Technology – for reducing the usage of platinum in silicone release coatings.

Players in global silicone market includes

Shin-Etsu
Ashland
Momentive
Kemira
Dow Corning
Evonik
Wacker Chemie.

Region

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

Report Highlights

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Global Silicone Market – Segmentation

The global silicone market is segmented on the basis of following,

By End Users

Construction
Automotive
Industrial Application
Other

By Curing Method

Acetoxy
Oxime
Alkoxy
Others

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Catgut Sutures Market to Witness Excellent Revenue Growth, Overview, Emerging Trends and Forecast by 2028

Catgut Sutures Market: Overview

The global Catgut Sutures market is expected to show significant growth over the forecast period due to increasing cases of aesthetic surgeries. New product launches by leading manufacturers have raised the potential of the Catgut Sutures market. By product type, absorbable sutures is the most dominating segment in the global catgut sutures market as absorbable sutures are more preferred by physicians. By end users, hospitals are the most dominating segment, in terms of market value, as a majority of the aesthetic surgeries are performed in hospitals. Key manufacturers in the catgut sutures market are focusing on mergers and acquisitions to upsurge their market share.

Sutures are surgical accessories used to hold the body tissue together, which helps in timely healing of a wound. Catgut sutures are used to cure various conditions, such as neuropathic ulcers, chronic wounds, etc. They are also used during cardiac surgery. Ophthalmic sutures, orthopedic sutures, general sutures, etc. are the commonly used sutures Catgut sutures are of two types: absorbable sutures and non-absorbable sutures. Both absorbable and non-absorbable sutures can be made from both a natural as well as synthetic material. Catgut sutures have higher knot-pull tensile strength than other types of sutures. They also offer excellent handling features. Therefore, catgut sutures are preferred over other types of sutures.

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Catgut Sutures Market: Drivers and Restraints

Increasing number of surgeries and rising healthcare expenditure are the primary factors that will drive the growth of the catgut sutures market over the forecast period. Moreover, rising incidences of trauma cases and increasing usage of catgut sutures during surgeries will propel the growth of the catgut sutures market throughout the globe. Increasing cases of facial rejuvenation and skin surgery are also responsible for the robust growth of this market. Lack of product innovation and high risks associated with the surgery might also hamper the growth of the catgut sutures market to some extent. Similarly, improper sterilization systems and lack of skilled professionals are the other two factors that might also hinder the growth of the catgut suture market.

Catgut Sutures Market: Regional Overview

On the basis of regional presence, the global Catgut Sutures market is classified into eight key regions – North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China & Japan, China, Japan and the Middle East & Africa. North America is the most lucrative market for Catgut Sutures due to growing number of surgeries in this region. North America is followed by Western Europe and Japan due to rising incidences of trauma cases in these regions. In APECJ region, India and Australia are the major markets in the catgut sutures market due to rising geriatric population in these countries. MEA and Latin America are expected to witness relatively low adoption in the Catgut Sutures market owing to lack of awareness among people.

Catgut Sutures Market: Key Players

Examples of some of the market participants identified across the value chain of the Catgut Sutures market include Johnson and Johnson Services Inc., Smith & Nephew,, Medtronic plc, Derma Sciences, 3M Healthcare, B. Braun Melsungen AG, Molnlycke healthcare, SMB Corporation Of India, Dolphin Sutures, Lotus Surgicals, and Riverpoint Medical.

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The report covers exhaust analysis on:

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

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia-Pacific excluding China & Japan (India, ASEAN, Australia & New Zealand)
China
Japan
Middle East and Africa (GCC Countries, South Africa, Northern Africa)

Catgut Sutures Market: Segmentation

The global Catgut Sutures market has been classified on the basis of product type, material, end-user and region.

Based on product type, the catgut sutures market is segmented into

Absorbable Sutures
Non-absorbable Sutures

Based on raw material, the Catgut Sutures market is segmented into:

Natural
Synthetic

Based on end user channel, the Catgut Sutures market is segmented into:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

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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

Elbow Fixation Systems Market Size, Share, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2028

The cases of joint degenerative diseases, such as osteoporosis and osteoarthritis, are on rise due to growing number of road accidents, lifestyle changes, rise in geriatric population, growing demand from the geriatric population, and increasing prevalence of arthritis. Osteoporosis is the condition in which the bones become weak with an increased susceptibility to fracture. Elbow fixation is a type of surgery used to stabilize the elbow bone. Elbow fixation can be done by open and closed reduction technique. In open reduction technique, orthopedic surgeons reposition the elbow bones during surgery and in closed reduction the surgeon moves the bone to proper place without surgically exposing it. Advancements in minimally invasive surgeries as medical device manufacturers are largely focusing on emerging economies due to large patient base and growing demand for bone-related surgeries. Moreover, rising number of revision surgeries coupled with growing capabilities of advanced biomaterial-based implants is further supporting the market growth. The internal fixation of the elbow bone involves the use of screw plates, wires to adjust the bones and fix them in the correct place. This surgery is done under general anesthesia. According to the WHO, osteoarthritis is one of the most disabling diseases in developed countries. It has been estimated that around 10% of men and 18% of women aged over 60 years have symptomatic osteoarthritis, which includes moderate and severe forms. Other risk factors include obesity, physical inactivity, smoking, excess alcohol and injuries.

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The elbow fixation system market is segmented on the basis of fixation type external Fixation and internal Fixation. The internal fixation is further segmented into Plate and Screw Fixation devices, Intramedullary Nails, Hip Screws and others. Significant cost savings can be achieved through early use of prosthetic services and products. The provision of prosthetic services and products in many cases reduces the need of expensive treatments, and represents a cost-effective solution to the third-party payers in the U.S. The elbow fixation devices are compact, simple, integrated with joint distraction mechanism, highly versatile, simple and easy to use.

Effectiveness of Elbow Fixation Surgery

The technological advancements, such as use of specialized plate and screw fixation devices, intramedullary nails, hip screws as it avoids damage to structures, allow easy asses to the injury area, fulfil mechanical demands of the patient, have made the devices effective of the elbow fixation surgery. The companies in the market are focusing on mergers and agreements with other medical device companies, in order to manufacture cost-effective products. The benefits of the external fixation include less disruption of the soft tissues, proper blood supply, and reduces the side effects of bone-related surgeries. The elbow fixation devices are devices that enable surgeons to carry out the elbow fixation procedure and provide solutions to bone fracture and diseases. Moreover, the companies in the market, as their key developmental strategy, are focusing on product innovation coupled with R&D programs and government initiatives in order to meet the increasing demand from the end users in the global elbow fixation systems market.

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Elbow Fixation Systems Market Assessment by End User

Factors Driving the Elbow Fixation System Market

Increasing incidence of trauma/accidental injuries, increase in health care expenditure and technological advancements in the elbow fixation devices are some of the factors driving the market. The growing awareness for orthopedic-related diseases due to government initiatives, reimbursement policies comprising Medicare, Medicaid and the U.S. Department of Veterans Affairs—accounting for approximately 40% to 50% of reimbursements for limb prosthetics services and devices—are also factors driving the growth of the market. Manufacturers are also introducing technologically advanced innovations to leverage the untapped market opportunities. Top manufacturers are expanding the value chain to forward integrate the market in developing economies. In addition, increasing investment in terms of healthcare spending and investment in healthcare facilities by the governmental authorities are expected to impel the demand for elbow fixation system in the near future. On the other hand, currency fluctuation due to changing economical/trade practices is a factor expected to hamper the import export activities of the hospital suppliers.

Regional Market Outlook

North America is the dominant region in the global elbow fixation market due to lifestyle changes, new product innovations, and early treatment adoption, as well as rise in the number of cases of osteoporosis and osteoporotic fractures in the U.S. Europe is the second leading market for elbow fixation systems due to increasing development activities and large research base. The Asia Pacific market is also expected to grow at a higher rate owing to large target patient pool, rapid population growth, adoption of western lifestyle, and growth in research and development.

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Competition Outlook

Examples of some of the players identified in the global elbow fixation market are Stryker Corporation, Zimmer Biomet, DePuy Synthes, . Manufacturers are focused on developing new custom-made implants for minimally invasive surgeries, which is expected to increase their respective market shares. The companies in the market are outsourcing the manufacturing of elbow fixation systems in order to reduce their manufacturing costs and compete in the market with reduced prices. Besides, the companies are entering into mergers and acquisitions to expand their existing product portfolio and market presence globally

Small-Scale Manufacturers/Providers	Medium-Scale Manufacturers/Providers	Large-Scale Manufacturers/Providers
Sonoma Orthopedic Products, Inc. Acumed, LLC Response Ortho	Wright Medical Group, Inc. Orthofix Holdings, Inc.	Stryker Corporation Zimmer Biomet DePuy Synthes Smith & Nephew PLC

Small-Scale Manufacturers/Providers

Medium-Scale Manufacturers/Providers

Large-Scale Manufacturers/Providers

Sonoma Orthopedic Products, Inc.
Acumed, LLC
Response Ortho

Wright Medical Group, Inc.
Orthofix Holdings, Inc.

Stryker Corporation
Zimmer Biomet
DePuy Synthes
Smith & Nephew PLC

Research Methodology

The market sizing of elbow fixation system will be done by the procedure-based triangulation approach. The demand-side approach will be followed to assess the actual market size of Pelvic Floor Diagnostic Testing. Secondary research will be done in the initial phase to identify the feasibility of the target services and its respective segments in end-use facilities and the future impact of new technologies. Each piece of information will be eventually analyzed during the entire research project, which will help build a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, hospitals, diagnostic service centers as well as key opinion leaders in addition to supply-side respondents such as equipment manufacturers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

Key Data Points Covered in Report

The report covers exhaustive analysis on:

Elbow Fixation Systems Market by product type, end user and region
Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end use segments and country
Elbow Fixation Systems Market Dynamics & Opportunity Assessment
Historical Actual Market Size, 2013 – 2017
Elbow Fixation Systems Market Size & Forecast 2018 – 2028
Elbow Fixation Systems Current Trends/Issues/Challenges
Competition & Companies involved

Market Segmentation

By Product Type

External Fixation
Internal Fixation
Plates and Screws
Intramedullary Nails
Hip Screws

By End User

Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers

By Region

North America
Latin America
Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa

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Report Highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size, recent industry trends
Key Competition landscape, market structure, regulatory scenario
Epidemiology outlook for diseases
Economical spending, regional healthcare outlook, consumer healthcare expenditure
Installed Base of Elbow Fixation System
Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance in terms of value and volume

Basalt Fibre Market Form, End-Use Industry, Usage, Region – Global Forecast to 2030

Given its low water absorption aspect, basalt fibre is gaining significant traction as construction material. High thermal resistance of basalt fibre makes it an ideal material in industrial furnace lining and fireproof rope applications.

A naturally-derived material, basalt is relatively more recyclable compared to other reinforcing fibers and is, thus, witnessing significant traction in various end-use industries.

Market players are investing in R&D for expanding the application scope of basalt fibre to wind energy, marine and other industries.

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Basalt Fibre Market – Growth Drivers and Trends

Increasing infrastructural development projects in emerging economies, especially China, and India, are primarily fueling the demand for basalt fibre in construction industries, owing to its low-cost and non-corrosive properties.

Basalt fibre exhibits 83% more tensile strength versus steel and its small particles act as an additive to produce fibre-reinforced concrete.

Going forward, basalt fibre finds immense usage as fireproof textile in automotive and aerospace industries as it is cheaper than carbon fibre and possess greater physicomechanical properties than fiberglass.

Basalt Fibre Market – Growth Restraints

While basalt fibre is witnessing significant demand from several end-use sectors, factors such as high cost and scarcity of raw material is posing threat to the basalt fibre market growth.

Availability of numerous low-cost substitutes such as fiberglass is dampening the adoption of basalt fibre from small-scale industries.

Domestic manufacturers in emerging regions are stiffening the market competition by selling products at much cheaper rates, as such, leading players are experiencing difficulties in expanding their regional foothold.

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Impact of COVID-19 on Basalt Fibre Market

The COVID-19 pandemic is having dampening effect on the global mining industry. Government has imposed lockdowns in various non-essential service sectors, thus, resulting in reduced production of metals from mining industries.

On the other hand, demand for commodities such as copper, basalt and iron remains low from various end-use industries.

Unavailability of labor and high transportation costs have halted construction processes in worst-affected countries including, Italy, the US, China, India, among others.

Recent studies reveal the global construction industry currently stands at 0.9% growth in 2020. Going forward, demand from the automotive industry for basalt fibre has seen a severe downfall during the COVID-19 pandemic.

Basalt Fibre Market – Regional Analysis

North America and Europe currently hold prominent share in the global basalt fibre market. The US, Russia and Germany are leading consumers of basalt fibres in these regions respectively.

These regions are hub of automobile, construction and wind energy sectors. Further, favorable government trade policies are playing a helping hand in the market growth in North America and Europe.

Asia Pacific (APAC) is anticipated to provide remunerative opportunities to basalt fibre market towards the forecast period.

Increasing government investments towards infrastructural development is slated to drive the regional market growth.

Expanding automotive industries in China and Japan is fueling the demand for basalt fibre. Studies reveal that the annual production of automobiles in APAC is more than 50 million, 60% of which are used domestically.

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Basalt Fibre Market – Competitive Landscape

The global basalt fibre market is slightly fragmented and is represented by limited number of global and regional players. These players are focusing on continuous expansion and collaboration activities. For instance,

In April 2020, Polotsk-Glassfibre expanded its business by launching a new furnace with production capacity of 500 tons fibre per year.
In 2019, Basanite Industries LLC started a new manufacturing unit in Florida for production of basalt fibres and basalt composites.

Key Compnies

Kamenny Vek Mafic
Technobasalt-Invest
Fibrebas Construction and Building Technologies
Hebei Tong-Hui Technology
Technobasalt-Invest LLC
Company Mineral 7
Aerospace Tuoxin
Mudanjiang Jinshi Basalt Fibre Co. Ltd
Zaomineral
GMV
Mafic SA
KamennyVek
Jilin Province Huayang New Composite Material Co., Ltd.
Tongxin, Galen, Nmg Composites Co., Ltd.
Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd.
Incotelogy GmbH
JiangsuTianlong
ISOMATEX S.A.
JilinJiuxin
Russian Basalt
Arrow Technical Textiles Private Limited
Zhejiang GBF Basalt Fibre Co.
Sudagla
Shanxi Basalt Fibre Technology Co. TD

Industrial Rubber Market Size, Share & Trends | Growth by 2025

Synthetic rubber type is likely to gain popularity in industrial rubber market and surging automotive sector is expected to drive the sales of this product. Demand for light-weight vehicles, fuel-efficiency and environment-friendly automotive components has been influencing automotive industry in adopting eco-friendly industrial rubber.

Rapidly increasing demand from building and construction coupled with automotive industries in Asia-Pacific acts as an important growth driver for industrial rubber market during the forecast period. Asia-pacific holds comparatively higher number of automotive manufacturing plants across the globe and has been witnessing significant rise in infrastructural developments.

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Automotive market is anticipated to take the lead in industrial rubber market over the forecast period owing to rapid growth in automotive and automobile component production in emerging nations such as South Korea, China and India along with other South-Asian countries. China is witnessed as the major contributor in Asia-Pacific industrial rubber market. Furthermore, growing industrial production capabilities in China as well as rising investments in automotive industry of Indonesia, Thailand and India have been projected to drive the growth of Asia-Pacific industrial rubber market. Constant increase in tire production companies in Asia-Pacific is expected to further support the growth of industrial rubber market in the region.

Industrial equipment and machinery sector is likely to generate extensive incremental opportunity for industrial rubber market in the near future owing to rising usage of the industrial rubber in the conveyor belts. Industrial rubber products is likely to gain significant traction across construction and agriculture machinery as well.

Rubber industry is more than 100 years old. Industrial rubber industry is dominated by one major product tires. Tires are used in large numbers on bicycles, trucks, aircrafts, and automobiles. Automobile tires, inflatable rafts, conveyor belts, rain coats and waterproof cloth tents are produced by impregnating fabrics with rubber, using calendaring process. Molding is another important process in the tire production. Tires are the principal product of industrial rubber industry. It accounts for approximately three-fourth of total rubber tonnage.

Production of rubber goods comprises of two stages- first stage is the production of rubber, either by the natural rubber (which is an agricultural crop) or from the petroleum products. Second stage is processing of the rubber so produced into the finished goods form. Processing of rubber into the finished goods like tires and other products is usually designated as rubber industry. Synthetic rubbers are produced from petrochemicals by polymerization method.

Rapidly growing automotive sector in developing economies and increased demand for high-performance tires, sealing products, and tire adhesive are expected to contribute to the growth of the global industrial rubber market. As on date, Asia Pacific is the largest producer and consumer of industrial rubber, with its tire sector exhibiting promising growth rate. Manufacturers have shifted their production facilities to emerging economies, due to the low labor and operating costs.

In the industrial rubber industry, construction market is estimated to post the strongest gain during the forecast period. Other construction-related products like rubber roofing are projected to register the healthy growth. Mechanical goods is expected to account for the largest share of total demand. Suppliers of hose and belts will gain benefits from increased consumer demand of the durable goods, particularly machinery and equipment.

Industrial Rubber Market: Drivers & Restraints

Growing automotive industry, rising construction output and manufacturing activities are some of the key factors driving the growth of the industrial rubber market.

Volatility of the oil prices, environmental concerns and associated government regulations, limited number of suppliers and increasing threat from the substitutes are probable factors negatively impacting the growth of the industrial rubber market.

Industrial Rubber Market: Overview

With rising automotive sales, growing population, increasing disposable income and rising urbanization the need for industrial rubber products are increasing. The global industrial rubber market is expected to expand at a promising CAGR during the forecast period (2015-2025).

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Industrial Rubber Market: Region-wise Outlook

The global industrial rubber market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global industrial rubber 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 industrial rubber 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 industrial rubber market value exhibiting a robust CAGR during the forecast period, 2015?2025.

Industrial Rubber Market: Key Players

Some of the key market participants in global industrial rubber market are Goodyear Tire and Rubber Company, Greenville Industrial Rubber & Gasket Co, Industrial Rubber & Gasket Inc, Continental AG, Bridgestone Corp, Yokohama Rubber Company Ltd, Toyo Tire and Rubber Co. Ltd.

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

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Regional analysis includes

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

Purified Terephthalic Acid (PTA) Market 2022 Development Status, Competition Analysis, Type and Application 2030

Purified terephthalic acid (PTA) is a crucial element in manufacturing man-made fibers. Around 70-80% of polyester products are made up of purified terephthalic acid. Purified terephthalic acid is a cost effective alternative to dimethyl terephthalate (DMT), PTA has been a commonplace in the textile and packaging sectors. Moreover, PTA is finding application in healthcare sector for treating peptic ulcer, reflux esophagitis and gastroesophageal reflux disease (GERD). The global purified terephthalic acid market is projected to grow at a healthy CAGR over the forecast period, 2020-2030. Market players are exploring growth potentials in marine, construction, and transport & wind energy industries.

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Purified Terephthalic Acid (PTA) Market – Growth Trends

Growing textile industry and high adoption of polyester fibers owing to their compatibility with with other synthetic or natural fibers are driving the market for purified terephthalic acid. China is the largest textile exporter and is anticipated to grow rapidly over coming years; currently the country holds 38% share of the global textile industry. High utilization of polyester films in photographic films, data storage tapes and sheet material is anticipated to surge demand for PTA.

Gaping forward, purified terephthalic acid are widely used in manufacturing carbonated plastic bottles. According to the Guardian, about a million plastic bottles are produce in single minute, and this production is fixed to show double digit growth over next 20 years. Furthermore, technological advancements in production devices are providing a lucrative base to the market players.

Purified Terephthalic Acid (PTA) Market – Growth Restraints

Fluctuating prices crude oil (paraxylene) are setting forth huge challenges for PTA market players. Alerted by rising ecological burden, governments across the globe are imposing bans on purified terephthalic acid which, in turn, is paving way for alternatives such as bio-based PET. Furthermore, PTA is poisonous in nature, causing slight eye and skin irritation upon contact.

Impact of COVID-19 on Purified Terephthalic Acid (PTA) Market

The global economy is witnessing deepest recession after WW2 due to COVID-19 pandemic, and its effect is apparent across the global purified terephthalic acid market as well. Due to halt in export and import from various countries, demand for textile has reduced, and manufacturers are forced to curtail production or shut down their production units. According to just-style, about 80% of textile industries in Africa have faced downfall during the pandemic. Moreover, majority of market players are dependent on China for raw materials. As the country is facing the second wave of the pandemic, reinstating lockdowns in key manufacturing hubs are severely hampering the supply chain disruption of purified terephthalic acid market.

On the flip side, PTA is finding immense use in manufacturing of personal protective equipment (PPE) kit amid the pandemic. PPE kits have become a must for the frontline healthcare workers in order to protect them from the coronavirus while treating patients. As such, surging demand for PPE kits from various sectors is offering lucrative prospects for PTA manufacturers. With 3600 manufacturing units, about 2 lakhs personal protective equipment (PPE) kits are produced in India alone.

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Purified Terephthalic Acid (PTA) Market Regional Analysis

Asia Pacific (APAC) continues to hold leading share in purified terephthalic acid market. China is the largest manufacturer and exporter of PTA in the world. Additionally, APAC is the largest textile consumer, especially polyester fabric and yarn. Growing at a CAGR of around 5%, the APAC textile is poised to register revenues worth US$ 520 by 2024. Further, surging sales of apparels through online platforms is anticipated to provide remunerative opportunities for PTA manufacturers. Going forward, North America is also attracting significant stakeholders’ investments, given rising adoption of polyethylene terephthalate (PET) in bottling and packaging industries. Studies find that the PET bottle industry in the region is expected to exhibit stable growth in the coming years.

Purified Terephthalic Acid (PTA) Market – Competitive Landscape

The global purified terephthalic acid market is highly fragmented, key manufacturers accounting for slight over a third of overall market revenue. Market leaders are focusing on collaboration and capacity expansion to maintain their competitiveness in the purified terephthalic acid market. For instance,

BP has formed strategic collaboration with China Resources Chemical Innovative Materials holding Limited (CRC) to create and improve flexibility of its polyester value chain.
Sinopec Yizheng Chemical Fibre Company has collaborated with SIBUR Holding to invest in Amur GCC for expansion of new and large-scale projects.

Players in global purified terephthalic acid market include

Sinopec Yizheng Chemical Fibre Company
Mitsui Chemicals
Reliance Industries Limited
Eastman Chemical Company
DuPont, Formosa Plastics Group
Alfa Group
Indian Oil Corporation
Mitsubishi Chemical Corporation
SABIC
Samsung Petrochemical Co. Ltd.
Samyang Corporation.

Region

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

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Report Highlights

Purified Terephthalic Acid (PTA) Market – Segmentation

Purified terephthalic acid market is segmented on the basis of following,

By Application

Polyester
By Grade
Fiber & Yarn Grade
Polybutylene terephthalate (PET) Grade
Film Grade
Polybutylene Terephthalate (PBT)
Plasticizers
Others

By End User

Textile
PET Bottles
Packaging

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Patient Monitoring Pods Market Share and Growth Factors Impact Analysis 2028

Patient Monitoring Pods Market Overview

In critically ill patients continuous measurement of patient parameters such as heart rate & rhythm, respiratory rate, blood pressure, blood-oxygen saturation, are necessary. Heart diseases is a worldwide problem and may result in physical dysfunction or even death. Hence, proper monitoring of heart disease patients is important at regular interval. The patient monitoring pods are easy and reliable way to monitor the pulse rate, muscle relaxation status of an anesthetized patient etc. The patient monitoring pods provide ease in making treatment decisions and adjustments to neuromuscular blockade. The patient monitoring pods system would help the user to monitor electrical activity of the heart and inform about any abnormality recognized in order to avoid delay in the treatment process. Chronic diseases are the leading cause of mortality and morbidity and are likely to impose an even larger burden in the future. The use of advanced technology has not only affected the safety and health aspects of the people but also created major economic impact.

Portable and standalone patient monitoring pods for diagnosis and monitoring of human physiological conditions are becoming common. The patient monitoring pods are introduced in hospital care and ambulatory surgical setting, to address different needs. Sudden cardiac death is increasing among both elderly and young people. The risk may be reduced by advancing patient monitoring pods devices. Previously, heart monitoring devices were bulky with wires and electrodes that are connected to the patients and also required long stay in hospitals. The advanced patient monitoring pods have halted the use of big patient monitoring system and is itself capturing the market. The new and advanced patient monitoring pods are easily adapted, reliable and perhaps better to detect various types of arrhythmias, such as atrial fibrillation, progression of myocardial infarction, respiration rate, fatal monitoring and others. According to American Heart Association statistical report on heart disease and stroke statistics, about 17.3 Mn deaths occur each year in the U.S., and this number is expected to rise about 23.6 Mn by 2030.

Patient Monitoring Pods Market: Drivers and Restrains

According to Centers for Disease Control and Prevention, it is estimated that in the U.S. about 2.7 Mn people suffer from atrial fibrillation, and this number would rise with the increase in geriatric population. The atrial fibrillation costs about US$ 6.0 Bn per year to the U.S. healthcare system. The rise in prevalence of cardiovascular diseases, respiratory diseases will demand technologically advanced patient monitoring pods. Rise in geriatric population, preference for home and remote monitoring, ease-of-use and portable devices, growing prevalence of lifestyle diseases and growing awareness towards health, coupled with launch of new advanced technologies for diagnosis and monitoring of heart diseases are some other factors expected to boost the growth of global patient monitoring pods market. The major challenges associated with the patient monitoring pods market are lack of reimbursement, high cost, stringent regulatory framework, availability of alternative patient monitoring devices, security issues etc. among others.

Patient Monitoring Pods Market: Overview

Based on the product type, the global patient monitoring pods market is segmented into hemodynamic monitoring devices, Neuromonitoring devices, cardiac monitoring devices, fatal and neonatal monitoring devices, respiratory monitoring devices, multi-parameter monitoring devices, and others. Based on therapeutic area, the patient monitoring pods market is segmented into cardiology, neurology, respiratory, fatal & neonatal and others. Based on the end user the patient market is segmented into clinics, hospitals, ambulatory care centers, home care settings, ambulatory care centers and others. The rise in incidences of cardiovascular diseases, funding by the governmental bodies to initiate research and development in mobile healthcare market, companies focusing on collaboration, acquisition, and merger are factors attributed to the growth of global patient monitoring pods

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Patient Monitoring Pods Market: Key Players

Some of the key players in global Patient Monitoring Pods Market are Drägerwerk AG & Co. KGaA, Koninklijke Philips N.V., GE Healthcare Inc., Boston Scientific Corporation, Honeywell International, Inc., Medtronic PLC, Smiths Medical, Inc., OSI Systems, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., IRadimed Corporation and others.

The report covers exhaust 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)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Mushroom Materials Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020- 2030

Mushroom materials market is anticipated to grow at a noticeable CAGR during the forecast period (2020-2030). As the sustainability trend is sweeping across various industries, mushroom materials are rapidly replacing plastics in packaging solutions as they are free from volatile organic compounds (VOC) and are derived from biodegradable materials.

The transportation sector is among the key contributors to greenhouse gas (GHG) emissions, especially in developed regions. Industrials are striving to achieve better fuel efficiency by mass reduction. Mushroom materials are relatively light-weight compared to conventional materials, thus, enabling easy transportation. Further, they are widely used in manufacturing thermal insulator, car parts, and sandwich panels.

Mycelium Bricks – Critical Component in Diverse Applications

Mushroom-based building materials are stronger than concrete as well as are 100% biodegradable. Mycelium bricks, for instance, are gaining notable traction in the construction sector in the production of composite board (myco-board). Unlike medium-density fiberboard (MDF), myco-board eliminates the usage of formaldehyde. Mycelium bricks absorb carbon dioxide and are bulletproof, making them an eco-friendly material for future construction projects. As they are fully biodegradable, they help minimize construction wastes.

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Mushroom Materials Market – Growth Restraints

Mushroom materials become flimsy after long exposure to moisture, as such are not considered suitable for packaging during monsoon. Their delicate nature and non-resistance to high pressure restrict their usage as proper construction bricks. Further, mushroom materials are not available in abundant amount, unavailability of raw material can impact the process of production. High cost of mushroom packaging hampers its sales in regional market.

Impact of COVID-19 on Mushroom Materials Market

The COVID-19 pandemic has hit the mushroom material market hard. Nationwide lockdowns is leading to reduced on-farm workers, thus, hampering the overall mushroom production. According to ‘mushroom business,’ only 50-60% of crops have been harvested in February in China. Due to less availability of raw materials, manufacturers are forced to curtail the production or shut down their manufacturing units, causing huge disruption in the supply chain. Travel restrictions are further also leads to downfall of market.

Moving ahead, players are keeping their focus away from product innovations or new launches during the crisis. They are continuing to manufacture and distribute the products that are already much in demand. Governments across the globe are reforming their taxation policies and financial aids to help farmers and businessmen bring back sales to pre-crisis levels.

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Regional Analysis of Mushroom Materials Market

Asia Pacific (APAC) continues to hold leading share in the global mushroom material market. China is the largest producer and consumer of mushrooms in the world. The country produces 46% of world’s total mushroom cultivation. Technological advancements, and presence of skilled labor are further promoting the growth of mushroom material market in APAC.

Going forward, focused government initiatives on agricultural development and innovation, and presence of key players is anticipated to uptake North American mushroom material market. The mushroom industry in the region is investing in artificial intelligence (AI) to reduce overcome labor costs.

Mushroom Materials Market – Competitive Landscape

Mushroom material market is consolidated with two major players, Ecovative Design and MycoWorks. These players are continuously focusing on widening the application of mushroom materials and, product development. For instance,

Ecovative, a New York-based biotech company, is developing compostable packaging from mycelium and hemp – myco-composite. These myco-composites are used to produce commercial, custom-molded mushroom packaging. Unlike plastic, myco-composites are completely biodegradable, hydrophobic, heat resistant, and grow within a few days days.

Growing demand for substitutes of plastic, biodegradable packaging method are gaining much traction in future markets. For instance,

NEFFA, a clothing and fashion company, has developed biodegradable textile from mycelium. Watson and Wolfe, developed substitute of animal leather by producing mushroom leather, it is extremely light weight and flexible in nature.

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Region

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

Stroke Assistive Devices Market Will Escalate Rapidly in the Near Future

Stroke Assistive Devices Market Overview

Stroke assistive device, commonly, is a medical equipment that assists a disabled person or patients having inability to perform their daily tasks due to acute stroke or traumatic disorders. When a person encounters acute stroke, it becomes difficult for that patient to recover immediately from after effects of acute stroke that represents reduced mobility in limbs and extreme difficulties in performing their daily tasks such as dressing, bathing, grooming, cooking, feeding, etc. Thus, after having a stroke or trauma, most of the patients require assistive devices in order to maximize their independent functioning. In general, assistive devices find major applications for the disease indications including stroke, orthopedic, cognitive and motor skills, sports and others.

One of the most commonly used assistive device prescribed for stroke survivors is Mobility Assistive Devices (MAD). These mobility assistive devices for stroke patients offer improved mobility and allows them to independently perform the mobility-related tasks. A person who encountered stroke often has to undergo a long rehabilitation. Financed by the EU Research and Innovation programme Horizon H2020, robot-based technologies have been under substantial use to speed up the rehabilitation of stroke patients under its project called “the RETRAINER”. The technology used under this project allows the stroke patients to utilize their own arms and hands, as much and as soon, after the trauma or post-stroke in order to achieve best results in the rehabilitation.

In the European Union, per year healthcare expenditure on stroke is estimated at US$ 31.8 billion along with the loss of income for stroke patients facing difficulty in daily activities. Two type of assistive systems are used by the patients that includes both portable assistive devices and stand-alone assistive systems.

These devices are meant to completely substitute the functionality of human body when a patient requires support. Assistive devices usually broadens a patient’s support base and improve stability and balance in their body, and restructure from the lower limbs to relieve joint pain and compensate for trauma injury or other physical weakness. A suitable assistive device is important to select carefully keeping in consideration the patient’s endurance, cognitive function, strength, and environmental needs.

After encountering stroke, a person usually goes to the physiotherapist for treatment or post-stroke recovery. The treatment may go wrong if the physiotherapist is not trained well, however, a patient receives quality treatment if these orthopedic treatment procedures are performed using robotic assistive devices. Stroke assistive devices are highly utilized in rehabilitation process to treat a physically disabled person in order to improve their daily performance. Thus, with the emergence of high incidence for stroke and trauma cases, stroke assistive devices experience greater demand from the end customers. Thus generating large revenues in the stroke assistive devices market.

Stroke assistive devices market on the basis of device type is classified into two main types – robotic exoskeletons, stroke-rehabilitation gloves, and others. Stroke rehabilitation is a treatment process solely targeted towards restoration of intellectual, physical, mental and social capabilities of a patient affected by stroke.

The growing incidence of stroke in U.S. population tends to be the leading reason to propel the growth of stroke assistive devices market across the globe. The growing adoption of stroke assistive devices by the physicians to treat post stroke effects is further anticipated to drive the demand for stroke assistive devices and thereby increasing revenue generation in stroke assistive devices market.

Stroke Assistive Devices: Market Dynamics

Growing innovation and funding in neuromuscular & stroke rehabilitation, availability of high-tech and effective stroke assistive devices such as wearable wirelessly controlled rehabilitation device in the market, and growing population of stroke patients owing to increasing incidence of neuromuscular disorders and stroke across the globe is expected to be the key factor driving growth of stroke assistive devices market.

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Rapid increase in physical disabilities caused due to increasing prevalence of disorders including spinal cord injury, rheumatoid arthritis, cerebral palsy and additional ageing disabilities is further expected to surge the demand for robotic rehabilitation and stroke-assistive technologies. Thus, the demand for stroke assistive devices has registered an upsurge, thereby generating more revenues in stroke assistive devices market. Also, growing mergers and acquisitions among the leading players in order to increase their geographical footprint is another factor propelling the growth of stroke assistive devices market.

However, lack of awareness among the people about new robotic technologies to assist stroke affected patient, particularly in the emerging economies, coupled with high cost of assistive technologies and robotic rehabilitation are some of the factors restraining the stroke assistive devices market growth.

Stroke Assistive Devices Market: Overview

Based on device type, robotic devices including robotic exoskeletons and stroke-rehabilitation gloves register the highest demand in the stroke assistive devices market owing to the better mobility results registered with usage of this device as compared to others. Stroke assistive devices found major usage in management of acute stroke and chronic neuromuscular disorders such as Multiple Sclerosis, Guillain Barre Syndrome, Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), Cerebral Palsy, and Muscular Dystrophy.

Rising number of disabled people due to the above mentioned disorders is one of the major factor driving the demand for stroke assistive devices for early management of patients effected with stroke, thereby fueling the stroke assistive devices market across the globe. However, the growing footprint of stroke assistive devices manufacturers for chronic disorders management applications coupled with rising demand for these devices is further expected to drive the revenue generation in global stroke assistive devices market.

Stroke Assistive Devices Market: Key Players

Some of the key players present in global stroke assistive devices market are AnthroTronix, Inc., ReWalk Robotics, Mazor Robotics Ltd., Intuitive Surgical Inc., Interactive Motion Technologies, Bioxtreme Robotics Rehabilitation, Accuray, Inc., Health Robotics S.R.L., Ekso Bionics Holdings, Inc., and others.

The report covers exhaust analysis on:

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

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