BB Cream Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

According to a recent report by Future Market Insights (FMI), the BB cream market is expected to surpass a valuation of US$ ~ 3,433.2 Mn in 2021 and at a CAGR of approximately ~9.1% through 2027.

Increasing urbanization has led to changes in the lifestyle of consumers which is driving the demand for innovative cosmetic products in the market. Moreover increasing population of working women aged 25 and over is another factor driving sales of premium quality makeup and grooming products including BB creams.

As per the statistics of the Catalyst, less than half (~47%) of all women account for the global workforce. Working females are self-dependent, they tend to spend a decent amount of income on their appearance and hobbies. Women emphasis on personal appearance is a key growth driver for the market.

Time-saving is another major factor that is attracting customers. Initially, BB creams were introduced to target young people, especially women who want to hide pimples as well as uneven skin tones. Later on, BB creams targeted young mothers who have less time but want to look good without having to engage in complex make-up procedures. Hence, BB creams became a perfect solution for young mothers.

Owing to the above-mentioned factors, BB cream is not only popular among women, but also among men due to increasing consciousness among the latter about their physical appearance, owing to which they spend a considerable amount of time and money to look good.

Also, an increase in disposable income and higher spending power in women is driving sales of cosmetics in the market. Multifunctional beauty products offer long term benefits along with natural and herbal products. These products are offered to consumers at comparatively lower costs thus driving sales in the cosmetic market.

Key Takeaways from the BB Cream Market Study

  • Among the global BB cream market’s skin type, the largest is Combination, which represents US$ 996.9 Mn of the market in 2021. It is growing rapidly over the course of the forecast period, and this absolute growth is larger than any other segment.
  • The popularity of BB cream has spread to South Asia, mainly in Korea. Apart from its benefits, the fact that it helps to reduce the time required to apply makeup has attracted a large number of women.
  • The rising demand for BB creams was primarily witnessed among the working-class population, which does not have the time to spend on an elaborate make-up routine.

Impact of COVID-19 on the MarketThe outbreak of the novel coronavirus pandemic has hampered the demand for cosmetics and personal care products, as the purchasing power of the customers were changed. As per the World Bank, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. However, with the public and government support and vaccination drive, again the economy is coming on a track.

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Who is winning?Leading manufacturers of BB cream are focused on aggressive promotional strategies and advertisements that have driven sales growth of BB cream globally. Major players present in the BB cream market are L’Oreal S.A., The Estee Lauder Companies Inc., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty Inc., Avon Products Inc., Missha US Inc., The Clorox Company, L’Occitane International S.A., AmorePacific Corporation, Stila Styles LLC, Tarte Inc., Lancome SA, Groupe Marcelle, Bobbi Brown Professional Cosmetics Inc., Physicians Formula Holdings Inc., Clinique Laboratories LLC, Dr. Jart., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty, Inc., Avon Products, Inc., and Missha US Inc. among others.

Global BB Cream Market by Category

By Skin Type :

  • Dry
  • Normal
  • Oily
  • Combination
  • Sensitive

By SPF Type :

  • Below 15 SPF
  • Between 15-30 SPF
  • Above 30 SPF

By End Users :

  • Men
  • Women

By Sales Channel :

  • Direct Selling
  • Specialty Outlets
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Beauty Stores
  • E-Retailers
  • Others

By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Nata De Coco Market Overview With Top Manufacturers, Dynamics, Growth Prospects, Size, Industry Share, Applications and Forecast to 2022-2030

Nata de coco is an organic product obtained from the mixture of coconut milk, coconut water, ethanoic acid and sugar. It’s produced via fermentation process with the aid of bacteria.

The word ‘Nata’ is a Spanish word meaning floating when translated to Latin, ‘Natare’. Nata de coco is used majorly in the beverage industry for the production of a several products such as candy, cocktail, fruit salads, pickles, ice-cream, drinks and others.

Nata de coco is considered an healthy food due to the nutritive value it offers to consumers.

Its fiber content makes it very healthy for digestion. Nata de coco contains less sugar, thus, diabetes, and obesity patients coupled with consumers who are on the watch for the weight can add it to their regular diet.

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The presence of little cholesterol in Nata de coco makes it healthy for consumption by people with cardiovascular diseases.

The health attributes associated with the consumption of Nata de coco are the factors fueling the growth of the Nata de coco market globally.

Leading players in the industry are focusing on innovative products that will attract consumers to their market.

Nata De Coco Market Growth Drivers

Consumers have been conscious of their health time before now, and they are ready to spend a premium on any food product that offers high nutritive value and health benefits to them.

Nata de coco is rich in fiber, a nutrient that makes haste and eases digestion. It also contains unsaturated fatty acids, which makes it adequate for people with cardiovascular diseases.

The global Nata de coco market is expected to grow significantly during the forecast period.

Nata de coco has found applications in various ends user sectors such as the food and beverage industry, the pharmaceutical industry, and others. High revenue is expected in a few years in all regions of the world.

Key players in the industry have innovated new products expected to woo consumers to the global mark.

Nata de coco is often mixed or blends with different essence products like banana, almond, strawberry, vanilla, and many others.

The presence of varieties in the global market is slated to create a global surge in demand for Nata de coco products.

Nata de coco is deemed safe for everyone, and due to this, the market with grow tremendously during the forecast period.

The market is estimated to record the highest CAGR over the forecast period.

Nata de coco is used in almost all confectionery products, and it’s expected to fuel the market’s growth as demand for these products is increasing annually.

Nata De Coco Market: Region-wise Analysis

Geographically, Nata de coco has its highest consumption in the Asia Pacific. Europe and Africa are ranked second and third, respectively, on the basis of consumption.

Philippines and India are the major exporters of Nata de coco globally since these countries are tropical.

Japan, China, Indonesia, and India are anticipated to drive the industry’s growth during the forecast period.

Demand for these countries increases annually due to consumers’ busy lifestyles and rising disposable income.

Southeast Asia often uses Nata de coco for the production of iced tea, which will fuel the growth of the Nata de coco market.

Nata De Coco Market: Competitive Landscape

The global Nata de coco market is consolidated and highly competitive. Key players in the industry are innovating new products to fuel the growth of their industry.Some of the players in the industry are;

  • F&N Magnolia
  • Nata De Coco Manufacturing Sdn Bhd (NDC)
  • The Prachuab Fruit Canning Co., Ltd. (Praft)
  • Happy Alliance Sdn Bhd.
  • Captain Dolphin Marketing (M) Sdn. Bhd.
  • Jeram Coconut Sdn. Bhd.
  • Choke Mahachai Beverage Co., Ltd.
  • Mogu Mogu Manila

Region-wise Analysis

  • 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

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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

Nata De Coco Market Segment Analysis

The global Nata de coco market can be segmented on the following basis:

By End Product

  • Beverages & Syrups
  • Ice Cream
  • Confectionery
  • Jellies
  • Dessert

By Distribution Channel

  • Convenience Store
  • Retailer
  • Online
  • Supermarket/Hypermarket

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Polymer Testing Equipment Market is expected to grow at a CAGR of Approximately Over 2022-2027

Global sales of polymer testing equipment that valuated roughly around US$ 1.5 billion in 2018 will observe a healthy yearly growth of 5.4% in 2019, as indicated by a new research report of Future Market Insights (FMI). While a majority of demand growth has been attributed to the increasing number of applications, FMI highlights the significant role of regulatory standards for polymers and polymer-based materials in necessitating the adoption of polymer testing equipment.

According to the study, capillary rheometers and melt flow meters are likely to witness relatively higher rate of adoption, attributed to the increasing need for determination of melt flow rate and the viscosity of polymers.

Adoption of Polymer Testing Equipment by Textile Industry Operators Prevails

Although medical industry will remain a major shareholder with over 1/4th share of the total polymer testing equipment market value, textile industry has also been cited as a highly attractive investment pocket for manufacturers of polymer testing equipment. The rate of polymer testing equipment adoption in the latter is poised to see modest growth, with a contribution of almost a fourth of the total market value.

As polymers play a significant role in the manufacturing of natural fibres such as cotton, jute, and others, textile industry is likely to continue steady demand generation in polymer testing equipment, in the years to come. Moreover, continuous inventions and modifications in the textile industry will boost the demand for polymer testing equipment.

Increasing Demand for Capillary Rheometers & Melt Flow Meters Fuelling Market Growth

The polymer testing equipment market is driven by the rapid growth in operations of research laboratories. The capillary rheometer and the melt flow meter currently constitute the most attractive types of polymer testing equipment that play an essential role in the field of research laboratories.

A capillary rheometer is an instrument designed to determine the viscosity of polymer, rate of deformation, and other rheological properties of polymers or composites such as plastics and fibres. Melt flow meters are used for the testing of the Melt Flow Resistance (MFR) of a wide range of polymer materials. GÖTTFERT Werkstoff Prüfmaschinen GmbH, a Germany-based manufacturer of polymer testing equipment, recently launched Melt Index Tester MI-ROBO with force-controlled compression of the test material, as well as the expression of the residual material at the end of a measurement.

Regional Expansion Trending Polymer Testing Equipment Market

According to FMI’s analysis, Illinois Tool Works Inc. (the US), A&D Company, Limited (Japan), and Qualitest International Inc. (the US) are among the key manufacturers of polymer testing equipment. Besides innovations, polymer testing equipment market players are concentrating on stronger customer relationships and improved distribution network, according to FMI’s analysis of the global polymer testing equipment market.

Several key companies are also identified to focus on manufacturing capacity expansion to cater to steadily increasing demand for polymer testing equipment. While strategic collaborations, acquisitions, and mergers are likely to facilitate expansion strategies of such players, the report indicates that they will aid companies in enhancing their regional footprint within untapped geographies such as APAC and Latin America. The US-based Thermo Fisher Scientific recently announced the launch of a new business center and bio repository in Frederick, Md., which is expected to help the company meet the global demand for testing equipment and medical diagnosis.

Some of the key vendors that have been profiled in the polymer testing equipment market report include Aimil Ltd., Agilent Technologies, Inc., GÖTTFERT Werkstoff Prüfmaschinen GmbH, Thermo Fisher Scientific, Dynisco, AMETEK Inc., Hildebrand Prüf- und Meßtechnik GmbH, INNOVATEST, HexaPlast India, International Equipments, Advance Equipments, Edutek Instrumentation, Asian Test Equipments, Malvern Panalytical Ltd., Ray-Ran Test Equipment Ltd., and Testing Machines Inc.

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Key Segment

On the basis of product type

  • universal testing machine
  • capillary rheometer
  • pendulum tester
  • melt flow tester

On the basis of test type

  • mechanical
  • physical
  • thermal
  • rheological
  • optical test

On the basis of end use

  • laboratories
  • packaging
  • textile
  • construction
  • aerospace & defence

Central Lab Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2028

Pharmaceutical companies are seeking for ways to reduce cost of development and manufacturing their products. Central lab services are one of the most commonly outsourced services by these companies. Apart from reduced cost, the use of central labs also accelerates the drug development process. Central labs are generally fully outsourced by pharmaceutical and biopharmaceutical companies. Many CRO’s have become interested in central lab services, since they provide bundled services that allows them to take a broad range of services.

Some of the key strategies that the central lab market players impose are, bundling services and adopting advance technology solutions. Due to large volume of clinical trial study data and increasing complexity, bundled services offers a variety of services to pharmaceutical and biopharmaceutical companies at a discounted rate. Furthermore, adoption of advance technology and software to automate some process, aids in reducing time duration for some services, thereby reducing the cost of the clinical trial.

The pharmaceutical industry is evolving and strategic partnerships have become significantly more common across the industry. A number of companies sign multiyear, fixed price based service agreement with either a single central lab or multiple labs. For an instance, in 2016, Pfizer established relationship [p with its fourth strategic partner inventive Health. The company has already been in a partnership with ICON, Parexel and PPD.

Thus central lab market is expected to grow at a significant rate owing to the increase in number and complexity of clinical trials, increase in prevalence of diseases and increasing need to reduce the cost of trails along with the rising trend of outsourcing across the world.

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Central Lab Market: Drivers and Restraints

Increase in the complexity of clinical trials and its environment has led to the emergence and growth of a number of central labs across the world. Increase in number of clinical trials, reduced cost of trials, advancement in new therapies and drugs are some of the factors that argument the growth of the central lab market. However, regulatory challenges may hinder the growth of the market during the forecast period.

Central Lab Market: Overview

Central Lab market is segmented into service type, end users and regions. Central lab service provides have a number of services that may be bundled or singular services. These services can be broadly categorized as genetic services, biomarker development services, microbiology services, histology services, specimen management and storage services, specialty chemistry services including coagulation, electrophoresis, liquid chromatography and toxicology among other services.

Central Lab Market: Regional Outlook

North America combined with Europe take the maximum share of the radiation protection market. This is due to advancement in technology, increased healthcare budget, rise in awareness, and increasing number of interventional cardiology procedures in the regions. However in regions such as China and India, the growing demand for interventional cardiology procedures, ageing population and limited number of healthcare professionals has created an opportunity for the growth of the Central Lab market in such regions. Thus, the Central Lab market is expected to grow with a significant CAGR in the APAC region.

Central Lab Market: Key Players

There are a number of large players in the central lab market. Some of the players that offer central lab services include, Covance(Labcorp), Eurofins Global Central Library, ICON Central Labs, Medpace Reference Laboratory, PPD Central Lab and Q² Solutions among many others.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Rapid Coagulation Testing Market Covid-19 Impact Analysis, Size, Share, Key Trends, Demand and Forecast till 2028

This Rapid Coagulation Testing market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Rapid Coagulation Testing market.

Rapid Coagulation Testing: Market Insights

Rapid coagulation testing can be defined as the rapid specific testing of bodily blood fluids at the bedside. Nowadays, rapid coagulation testing are being widely used for management of perioperative coagulation. The main focus has been to reduce inappropriate transfusion, by relying on rapid coagulation testing which can provide results in minutes. In the market, two methods are employed for rapid coagulation testing- aggregometric and viscoelastic. The aggregometric rapid coagulation method is used to monitor and analyze whole blood. Alternatively, viscoelastic rapid coagulation methods are employed to find information on all aspects of coagulation, including cellular and plasma components of whole blood. For management of bleeding patients, viscoelastic rapid coagulation testing devices are the most preferred choice in the market. For developing personalized medicine, rapid detection of coagulation factors in blood is crucial as it provides information on blood coagulation profiles of individual patients.

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Rapid Coagulation Testing: Market Dynamics

Growing ageing population is also one the major aspect that is anticipated to drive the rapid coagulation testing market.  In 2015, people with age 65 years and above constituted 7%-8% of the global population. With improving healthcare conditions, the global ageing population is anticipated to rise and is likely to grow at a healthy rate by 2028. As prevalence of major diseases such cardiovascular and cancer are high amongst people of 65 years and above, such diseases decreases body’s immune defense mechanism to fight against infections. The reduced immune functioning of organs leads to one or numerous infections. Such infections lead to blood coagulation disorders, and are tested using rapid coagulation testing methods. Additionally, rapid coagulation testing are increasingly being used to monitor hemostasis. They also provide critical information not available from commonly used coagulation test for patients who had undergone surgery, obstetrics, trauma and other diseases. Besides these rapid coagulation testing devices employ next generation viscoelastic testing instruments providing quick and real-time hemostasis assessment at the point-of-care.

Rapid Coagulation Testing Market: Overview

Owing to long turnaround time of classical coagulation tests, there is an increasing demand for rapid coagulation testing to analyse coagulation results within minutes. The rapid coagulation testing market is characterized by the presence of large number of key vendors, which ensure availability of these devices in niche regions as well. These manufactures ensure that these instruments and devices currently used in the rapid coagulation testing market are lower in cost and easy to operate.

Rapid Coagulation Testing Market: Region-wise Outlook

Geographically, North America is anticipated to be leading region in rapid coagulation testing market in terms of revenue. Europe promises to be the second largest market in global rapid coagulation market. It is anticipated that the increase prevalence of both cardiovascular diseases and geriatric population in the regions will increase the usage of rapid coagulation testing. Besides, increasing patient healthcare awareness and regular monitoring of body’s various fluids including blood and serum will drive the market for rapid coagulation testing in both the regions. In some of the growing economies of East Asia, South Asia and Latin America and South America, rapid coagulation testing devices are widely being used as they are low cost devices. It is anticipated that the rapid coagulation testing market for countries such as China and India will grow at a highest CAGR during the forecast period owing due to high incidence of cardiovascular, HIV, malaria, tuberculosis and road accidents. However, lack of awareness on rapid coagulation testing in some regions of Africa and Middle East may affect the market growth in the forecast period.

Rapid Coagulation Testing Market: Key Players

The comprehensive market research report provides analysis of key manufacturers having significance presence in the market and their strategies which they follow to sustain the competitive environment of the rapid coagulation testing market. The report also offers information about various research and developmental activities of these players that focus on to come up with innovative solutions. Some of the key and major players operating in global rapid coagulation testing market include Abbott, Medtronic, F. Hoffmann-La Roche, Universal Biosensors, Thermo Fisher Scientific, Rapid Diagnostics Group of Companies, Entegrion, Inc., Helena Laboratories, Siemens Healthcare Private Limited, Sysmex Corporation and Danaher. In addition presence of small and local manufacturers across the countries will account for competiveness in Rapid Coagulation Testing Market.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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MARKET ACCESS DMCC Initiative
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Surgical Site Infections Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2028

Surgical site infections are likely to occur post-surgery in the operated body part. Surgical site infections can also result into superficial infections that include just the skin. Apart from these superficial infections, surgical site infections can also be serious and at times, fatal involving organs, tissues under the skin, or the implanted material. According to the National Nosocomial Infections Surveillance system of the CDC (Centers of Disease Control and Prevention), approximately 27 million surgical procedures take place in the U.S., annually, that account for around 5% surgical site infections. As per the data provided by the NNIS, surgical site infections are reported to be the 3rd most occurring nosocomial infections which are further linked with substantial morbidity, threatening life of a patient, increase in healthcare expenditure, and increase in the number of days in hospitals for patients. Surgical site infections are more likely to be reported 30 days post-surgery without an implant or within one year with the presence of implant. These infections are further classified as either organ/space or incisional infections. Incisional surgical site infections are segmented into deep or superficial infections.

Surgical Site Infections Market: Drivers and Restraints-

Rise in the incidence rates of surgical site infections, development of technologically advanced products, increase in number of surgeries performed globally, and growing geriatric population are expected to be the major factors contributing to the market growth for surgical site infections. Furthermore, improved government policies and strict regulatory scenario for surgical site infections is anticipated to fuel the market growth for surgical site infections during the forecast period. However, lack of awareness on infection control programs because of challenging priorities, limited resources, and other related barriers is expected to obstruct market growth for surgical site infections during the forecast period. Also, poor healthcare infrastructure in most developing region and low healthcare expenditure might hinder market growth for surgical site infections.

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Surgical Site Infections Market: Overview

Hospitals are focusing on increasing the use of appropriate antimicrobial agents for surgical site preparation. Stringent policies regarding surgical site safety has enforced the hospitals to adopt adherence to aseptic techniques, both intra-operatively and pre-operatively. As per the Association for Professionals in Infection Control and Epidemiology, Inc., Methicillin-Resistant Staphylococcus Aureus accounted for around 50-70% of all healthcare-acquired staph infections. The CDC is highly focused on eliminating surgical site infections and further recommend that all the sites should be well-equipped and protected with sterile dressings within 24-48 hours of surgery. Superficial incisional surgical site infections are expected to contribute high revenue share in the surgical site infections market. Several collaborations and distribution agreements between manufacturers operating in the surgical site infections market are also taking place. For Instance, Johnson & Johnson partnered with the government of Maharashtra in 2018 for health interventions collaboration related to diabetes, infection prevention, menstrual hygiene, and obesity, and support healthcare providers.

Surgical Site Infections Market: Region-wise Outlook

The North America market for surgical site infections in expected to contribute the highest revenue share and is also, expected to dominate during the forecast period owing to the high number of surgeries performed in the region. Surgical site infections are considered to be the most common healthcare-related infection in acute care hospitals among inpatients in the U.S. The rise in need for the prevention of surgical site infections is expected to contribute to the market growth for surgical site infections in the region. As per the data provided by the ECDC (European Center for Disease Prevention and Control), 18,634 infection cases were reported for 2013-2014 in a total of 967,191 surgical procedures conducted in the region. The increase in healthcare expenditure is also expected to boost market growth for the region.

Surgical Site Infections Market: Key Market Participants

Some of the market participants in the Global Surgical Site Infections market identified across the value chain include: B. Braun Melsungen Ag, BD, Stryker Corporation, Medtronic, Surgical Site Infection Prevention LLC, bioMerieux SA, Johnson & Johnson, Steris Corporation, Belimed AG, and Kimberly-Clark Corporation.

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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Polymeric Sand Market is expected to grow at a CAGR of 7.6% during 2018-2028

Polymeric sand sales closed in on approximately 84 thousand tons in 2018, according to a new research study of Future Market Insights (FMI). Growth of the polymer sand market is influenced by a wide range of factors including focus of key players on high-quality product offerings with long term warranty, and increasing preference for customized products among end-users.

Significant resurgence in the construction industry in recent years can be backed by the fact that, construction materials manufacturers have been increasingly adopting the Business Information Modelling (BIM) to expand their customer base and increase sales. Key players in the polymeric sand market have been focusing on capitalizing the opportunities in online retail. Polymeric sand manufacturers have been strengthening their visibility in online channels, such as Amazon, in line with search of end-users for established suppliers who have robust e-commerce interface.

Spending in the construction industry spurred in tandem with increasing GHDI of consumers worldwide, which has created potential opportunities for the market players to benefit from. This has further led the leading polymeric sand market players to concentrate on assessment of building trends that result from consumer sentiments in regional markets with growth potential. These players are entering into tie-ups with government entities and building contractors as a long-term sales growth strategy.

Providing customer requirement-specific products at competitive prices, considering the economic tier and purchasing power of the customer base, continue to remain one of primary objectives of the players in the polymeric sand market. Additionally, efforts of the players toward product and brand endorsements for creating awareness on the benefits of polymeric sand among the targeted customers, continues to significantly underpin the market growth.

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Demand Remains Robust for Footpath Construction, Sales in Patios to Gain Fast Traction

Footpath construction has traditionally been the most lucrative application of polymeric sand, however sales in forming patios have gained significant momentum in recent years. The report opines that gains from polymeric sand sales in patio construction are expected to remain competent compared to those from footpaths in 2019, currently accounting for approximately 23% and 25% market share respectively.

As the focus of homeowners on expanding their residential areas into outdoors that feature covered patios, media centers, and kitchens, demand for polymeric sand to build patios continues on an upward spiral. According to the report, nearly 50% of houses have patios in the US alone. Additionally, several homeowners prefer larger patios over basic plan outlines, and those facing budget stringency eye plumbing & wiring activities for outdoor kitchens and other amenities.

Residential Sector to Hold Majority Share in Polymeric Sand Market

The report states that residential end users hold nearly half volume share of the polymeric sand market, representing the volume of over 35 thousand tons in 2018. Resurgent growth of the housing industry and renovation activities by homeowners in the recent past allude growing demand for various construction materials and consumables, which has been indirectly influencing demand for polymeric sand. The advent of polymeric sand has offset the challenges associated with washout owing to lack of binders in sand, while preventing the growth of weeds, ant hills, and grass as a consequence.

According to the study, gains will also remain strong from the commercial sector, wherein sales are partly driven by large-scale infrastructure development projects worldwide, particularly in developing economies of the Asia-Pacific. Another key factor influencing sales of polymeric sand in the commercial sector is increased focus of governments on strengthening their energy infrastructure, and investing in the development of transit facilities.

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Key Segment

Product type

  • Polymeric Sand
  • Polymeric Dust

Colour

  • Beige
  • Gray
  • Black & Others

Application

  • Footpaths
  • Patios
  • Pool Decks
  • Parking Spaces
  • Pavements & Auxiliary Spaces

End Use

  • Residential
  • Commercial
  • Infrastructural

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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

Turpentine Market is projected to register a CAGR of 6.0% to reach US$ 1,513.2 Mn by 2028

Turpentine sales are expected to surpass 400 KT in 2019, and will record a 4.6% Y-o-Y growth over 2018, according to a recent study of Future Market Insights (FMI). Fragrance manufacturers, followed by cosmetics companies, continue to account for maximum volume sales of turpentine. As the focus on bio-based products intensifies with rising sustainability quotient, the demand for turpentine is most likely to thrive at a robust pace over the coming years.

The report opines that consistently high demand for alpha & beta pinene, limonine, and a few other popular aromatic compounds will remain the key booster to highest turpentine consumption by fragrance manufacturing companies. Fragrance applications currently account for more than 40% of total consumption volume of turpentine. Besides cosmetics, which is the second most sought after application of turpentine, paints and coatings industry is also likely to develop a consumer market for turpentine in coming years – particularly in Asia Pacific.

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Demand-supply Imbalance Restricting Developed Regional Markets

With falling production of gum turpentine in developed regional markets, manufacturers of turpentine based in North America and Europe continue to face price volatility and subsequently, the demand-supply imbalance. Developed markets majorly rely on turpentine imports and FMI envisages that pricing and supply uncertainly has been compelling manufacturers to shift to turpentine alternatives. This scenario is further complicated by the labor intensive production process of turpentine, which will remain the key challenges limiting revenue growth of turpentine market.

Production-wise, China, Brazil, and Indonesia continue to lead turpentine landscape, according to the report. Escalating number of large-scale processing facilities and increasing pine tapping activities have underpinned the development of a key production and consumer market for turpentine in East Asia. On the other side, prominent countries such as Vietnam and Indonesia are creating a highly favorable scenario for turpentine production and export, in South Asian region. In addition to widespread availability of pine forests and relatively economic labor, China’s strong industrial base is upholding the most attractive market position for East Asia. Flourishing cosmetics and personal care industry is also accelerating consumption of turpentine in this region.

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Top 10-12 players collectively account for 30-35% share in the global turpentine market. FMI’s report tracks some of the most prominent active partakers in the competition analysis, some of which include PT. Naval Overseas, Wuzhou Pine Chemicals Ltd., Punjab Rosin and Chemicals Works, Wuzhou Sun Shine Forestry & Chemicals Co., Ltd., Forestar Chemical Co., Ltd., Deqing Yinlong Industrial Co., Ltd., Deqing Jiyuan synthetic Resin Co., Ltd., Resin Chemicals Co., Ltd, CV. Indonesia Pinus, Guilin Songquan Forest Chemical Co., Ltd., EURO-YSER., and Vinhconship Group. While a majority of companies operating in the competitive landscape of turpentine market are prioritizing gum turpentine production expansion, the report expects most of investments in developing Asian and African countries.

Key Segment

Application

  • Cosmetics
  • Fragrance
  • Food
  • Paints & Coatings
  • Others

Region

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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

Gum Rosin Market Comprehensive Shares, Historical Trends And Forecast By 2028

Global sales of gum rosin were valued at 757.9 KT in 2018 and are estimated to grow at an impressive rate in 2019, as per the latest research study by FMI. Incessant demand for bio-based materials from multiple end-use industries is among the key factors fuelling investments in gum rosins. Multifarious benefits and low price fluctuations are boosting the adoption of bio-based materials, including gum rosins. This, in turn, is likely to create favorable grounds for growth of gum rosin market during the forecast timeline.

As per the FMI analysis, broader factors, such as resurgence in economies and increasing disposable income, have levied pressure on multiple end-use industries for boosting their production capabilities with no compromise in terms of quality. Ever-evolving demand for high-performance intermediates, including adhesives, coatings, and rubber, from multiple industrial verticals is accelerating the growth of gum rosin market.

According to the FMI research study, manufacturers are eyeing emerging economies brimming with opportunities for gum rosins on account of hefty investments in the production of pine chemicals. Moreover, in Asian & African countries, the process of extraction and distillation of pine chemicals is relatively economical, creating profit-making opportunities for the manufacturers of gum rosins.

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According to the FMI analysis, end-users will prefer WW grade of gum rosins over other types, with global sales estimated to surpass 300 KT in 2019. High consumer propensity for WW grade of gum rosins can be attributed to its superlative quality and workability in case of core applications such as synthetic rubber and adhesives. WG grade is likely to trail the former on account of surging demand for binding materials of superior quality.

The report finds that demand for gum rosins will continue to remain buoyant in printing ink and adhesive applications, with global sales collectively exceeding 400 KT collectively in 2019. The demand for gum rosins as a base material in case of printing inks and adhesives remains unabated, driving revenue growth of the gum rosin market. The demand for gum rosins in paints & coatings is foreseen to significantly take off and not likely to slow down anytime soon, finds the report.

The manufacturers of gum rosins are focusing on novel production technologies facilitating higher production yields of optimal quality while curbing the environmental footprint. Subsequently, manufacturers operating in the gum rosin market are resorting to advanced analytical processes, such as gas chromatography and mass spectrometry, for production of high-quality gum rosins.

East Asia will retain its lucrativeness for the manufactures of gum rosins, with China spearheading demand. China has been a key producer as well as consumer of gum rosins, driven by incessant growth of application-based industries in the region, such as printing inks, synthetic rubber, adhesives, and paper sizing. Large gum rosin manufacturing bases across countries such as Indonesia, China, and Brazil are participating in high-volume exports to other countries, which is a key aspect assisting expansion of gum rosin market in these regions.

As per the FMI study, notable R&D investments are being made by leading participants of the gum rosin market for achieving high production volumes and enhanced ROI benefits. Multiple research activities and initiatives are underway for introducing genetic modifications in the pine trees, which would enable increased flow of resins in the trees. Such innovative and advanced approaches are anticipated to fuel seamless production of high quality gum rosins, projecting an optimistic outlook for gum rosin market over the forecast timeline.

Gum Rosin Market – Competition Landscape

The global Gum Rosin market is a fragmented market and most major market participants held single digit market share in 2017. The top ten to twelve players in the global Gum Rosin market collectively hold between 30% and 35% market share.

Some of the leading manufacturers studied under this study on the global Gum Rosin market are Wuzhou Pine Chemicals Ltd., PT. Naval Overseas, Wuzhou Sun Shine Forestry & Chemicals CO., ltd., Punjab Rosin and Chemicals Works, Forestar Chemical Co., Ltd., Deqing Jiyuan synthetic Resin Co., Ltd., Deqing Yinlong Industrial Co., Ltd., Resin Chemicals Co., Ltd, GUILIN SONGQUAN FOREST CHEMICAL CO., LTD., CV. INDONESIA PINUS, Vinhconship Group and EURO-YSER.

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Gum Rosin Market: Segmentation

Product Type

  • WW
  • WG
  • N
  • X
  • Others

Application

  • Paper
  • Paints & Coatings
  • Soap
  • Printing Ink
  • Adhesives
  • Rubber
  • Others

Region

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

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Key Questions Answered In the Global Gum Rosin Report

  • How has the Gum Rosin market evolved over the past four years?
  • What are some of the prevailing market dynamics in the Gum Rosin market?
  • What shape is the Gum Rosin market expected to take in terms of volume and value during the study period?
  • What are the competition developments and trends in the Gum Rosin market?
  • What are the important key challenges, opportunities and improvement factors for Gum Rosin market players?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the Gum Rosin market?
  • What are the important market positioning and key strategies of key Gum Rosin manufacturers as per the market taxonomy?
  • How is the competition structured at present and how has it evolved in the Gum Rosin market over the past few years?

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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

Synthetic Camphor Market is likely to register 3.0% CAGR through 2028- FMI Study

According to the latest Future Market Insights (FMI) report, the volume sales of synthetic camphor are likely to exceed 36 thousand tons in 2019. Pharmaceutical industry has been a leading end-user of synthetic camphor, upheld by ongoing research activities on extending application scope of synthetic camphor in medicinal formulations.

The FMI report also tracks the synthetic camphor market for the forecast period 2018 to 2028. According to the report, volume sales of synthetic camphor is likely to register 3.0% CAGR through 2028.

Pharma-grade synthetic camphor is extensively used in various topical analgesic products such as ointments, oils, gels, and chest-rubs. These pharma-grade synthetic camphor for topical pain management products are witnessing significant demand owing to consumer preference for self-medication, undergird by enhanced and easy accessibility of OTC products. According to the report, pharma-grade synthetic camphor is projected to account for more than 50% volume share in 2019 in the synthetic camphor market.

Pharma-grade synthetic camphor sales are also significantly driven by growing demand for private-labelled camphorated medical products. For example, private labelled analgesic products have gained increased popularity in the US, as they are devoid of FDA approval, and witness strong promotion from retailer businesses.

A key factor restricting adoption is regulations on the use of synthetic camphor in pharmaceutical products, such as the US FDA’s classification of certain camphorated oil products would require patients to hold doctor’s prescription for consumption. Moreover, rising costs of raw materials such as turpentine oil is emerging as a key concern for manufacturers producing pharma-grade synthetic camphor.

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Gains Remain Strong from Synthetic Camphor Sales in Plasticizer Production

Synthetic camphor continues to witness robust adoption in plasticizer production, which prevails as a critical component for paint and coating formulations. Additionally, demand for plasticizers in PVC and cellulose fiber production, has significantly underpinned sales of synthetic camphor. The study estimates sales of synthetic camphor in plasticizer production to surpass 13 thousand tons in 2019.

Rise in the construction sector, along with increasing demand for renovation and maintenance of existing structures, continues to drive demand for plasticizers in flooring and wall covering applications. Additionally, remarkable demand for plasticizers in flexible Polyvinyl Chloride (PVC) manufacturing, and to soften plastics used in wall covering and flooring, will remain a key sales determinant of synthetic camphor.

East Asia to Hold Pole Position in Synthetic Camphor Market

According to the FMI report, East Asia is likely to remain lucrative in the synthetic camphor market. In East Asia, China is expected to account for the highest sales of synthetic camphor, surpassing 12 thousand tons in 2019. Owing to the presence of a large number of pharma-grade synthetic camphor manufacturers in China, the country is witnessing the growing demand for synthetic camphor.

Growing overseas demand for synthetic camphor and significant growth in Chinese gum turpentine industry are the key factors influencing the market growth in the country. Additionally, with the development of Chinese gum turpentine derivatives such as synthetic camphor and synthetic borneol, overseas companies are eyeing use of these derivatives over gum turpentine.

Majority of the pharma-grade synthetic camphor manufacturers are concentrated in China and India, exporting their products to Europe and the US. Due to the availability of raw materials and synthetic camphor on a large scale in China and India, global manufacturers of camphor and other related chemical are focusing on expanding their businesses in East Asia.

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Key Players

Some of the players reported in this study include Fujian Qingsong Co. Ltd., Mangalam Organics Limited, Suzhou Youhe Science and Technology Co., Ltd., Saptagir Camphor Limited, Oriental Aromatics Limited, Wuzhou Huangpu Chemical Pharmaceutical Co, Ltd., Kanchi Karpooram Limited, Taiwan Tekho Camphor Co., Ltd., Caesar & Loretz GmbH, Merck KGaA, Recochem Inc., Xiamen Hisunny Chemical Co., Ltd, SkyRun  Industrial Co., Ltd, Shanghai Huayi Group Huayuan Chemical Co., Ltd., Fengchen Group Co., Ltd, Aldon Corporation, Prinova LLC, Teloonchem International Co., Limited, among others.

Synthetic camphor Market: Segmentation

Grade

  • Technical Grade Synthetic Camphor
  • Pharma Grade Synthetic Camphor

Application

  • Pharmaceuticals
  • Personal Care
  • Plasticizer
  • Flavour & Fragrance
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-8704

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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