Caustic Calcined Magnesite Market: Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031

Caustic Calcined Magnesite Market Overview

According to the latest research, the demand for Caustic calcined magnesite (also known as caustic calcined magnesia) is anticipated to grow with a compelling growth rate of about 7.0% to 9.0% in between the coming assessment period of 2021-2031. Light calcined magnesite is another name for caustic calcined magnesia.

It comes in a variety of particle sizes and purity levels, making it suited for a wide range of applications. Caustic calcined magnesia is used for various applications such as an industrial flooring in construction industry, in paper and pulp production, wastewater treatment, fertilizers, cosmetics and many others.

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What is Driving Demand for Caustic Calcined Magnesite?

The major factor driving the market is the growing demand coming from the agricultural, and construction industry. Magnesia is used in the chemical industry to make compounds with high magnesium concentrations, that are used in agriculture as cattle feed additives.

It can be utilised in the construction industry as a magnesia cement compound known as Sorel cement. Rising demand for magnesium oxide in the construction of refractory linings of furnaces in the iron and steel sector as well as for heavy metal filtration in wastewater treatment will drive market growth.

Caustic calcined magnesia is increasingly being used in fertiliser manufacture and other agricultural purposes. The use of caustic calcined magnesia in the waste water treatment process, as well as in the production of aluminum-magnesium alloys for different aerospace and automotive applications will drive market expansion.

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Agriculture and Wastewater Treatment Industry to Boost the Market of Caustic Calcined Magnesite

Caustic Calcined magnesite is used in crops such as citrus, fruits and vegetables as a supplements as it is an important source of magnesium which can also be used for dairy supplements, for cattle feed and agricultural fertilizers.

Magnesia supports plant and livestock health in agricultural applications. Magnesium is in fact a necessary mineral for both. Magnesium is required for photosynthesis in plants. Magnesium is essential in animals to prevent hypomagnesia, often known as grass tetany, which is a life-threatening condition.

Magnesia is important for environmental conservation. It is used to remove silica from industrial wastewater and precipitate heavy metals. It’s used to clean the air by removing sulphur dioxide from industrial pollutants. It is used to clean up dangerous chemical spills because of its absorbent characteristics.

It’s also frequently used to make metal-bearing trash non-hazardous. The growing demand of CCM in agricultural and wastewater treatment industry will drive the market of caustic calcined magnesite.

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APAC Market Outlook for Caustic Calcined Magnesite

The Asia-Pacific Caustic calcined magnesite market is expected to grow at the fastest rate during the forecast period due to increased demand for the product in the chemical industry, with China leading the way.

The strong growth of the construction sector in China, India and ASEAN countries is projected to prove highly beneficial for the market. Furthermore, the presence of major market players in the region also contributes to maintain consistent market supply and thus enables growth.

North America Demand Outlook for Caustic Calcined Magnesite

Rising product adoption in the cosmetics industry will drive market expansion in North America. The increased demand for the product in the construction industry is driving expansion in Europe. Unites States holds the largest market of construction industry in North America, and the sector is also estimated to account for a significant share of the demand for this product in the country.

Who are the Key Manufacturers and Suppliers of Caustic Calcined Magnesite?

Some of the leading manufacturers and suppliers of Caustic Calcined Magnesite are

  • Erzkontor Group
  • TERNA MAG
  • Nedmag
  • Sibelco
  • Magnezit Group
  • Grecian Magnesite
  • Star Grace Mining
  • Queensland Magnesia
  • Kumas
  • Eltee International and many others.

With the growing number of opportunities, key players are also focusing on acquisitions of small and medium-sized players and collaborations with other market participants, either for R&D or to manufacture the product on a large scale. Significant growth in the construction industry and chemical industry in countries such as China and India drives the industrial sector market in the Asian-Pacific region.

The Caustic Calcined Magnesite 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.

Allen key market is expected to experience substantial gains with projections around 5-6% CAGR from 2021 to 2031

Allen Key Market Overview

According to ongoing studies, Allen key market is expected to experience substantial gains with projections around 5-6% CAGR from 2021 to 2031. The Covid-19 epidemic has had a significant impact on businesses as a result of the lockdowns imposed in several countries to curb the disease’s spread.

Manufacturing closures, supply chain challenges and global economic disruption are all impacting market growth as a result of COVID-19’s market breakdown.

Revenues are expected to fall in 2020, but then progressively increase beginning in 2021. Companies that improve their operations and strategies will be able to keep ahead of the competition while satisfying increased demand. Allen key market is likely to grow at a high rate in the long run.

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What are Driving Factors Behind Rise of Allen Key Market?

Manufacturers are increasing production output of Allen keys in order to meet market demand as automation grows. As the global need for automated construction grows, the construction sector is expected to rise in the near future.

The key driving forces in this market are the effective and convenient use of multi-functional instruments to eliminate complexities. Small handled and manually controlled equipment are used to assure precision and increase speed with time. An Allen key is the most commonly because of its compatibility and ability to modify diameter.

It can be operated with ease where accessibility is an issue, thus enhancing workability and quality. This tried-and-true usage characteristics will be crucial in increasing demand for Allen in the forthcoming years. The demand from construction and automotive maintenance services is considered to be primary driver of the market growth of growth of Allen keys.

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Asia Pacific Market Overview

Allen key demand is anticipated to increase at significant rate in Asia Pacific region in coming years. Due to the region’s strong expansion in the automotive and infrastructure industries, it is likely to become a significant center for Allen key manufacturing and sales in the next coming years.

Increasing demand as well as increased revenue and growth will arise from the rising economic formation in developing countries such as China, India, Australia, ASEAN and Japan.

The Allen key Market has recovered despite a severe economic slump by using new techniques and generating new capabilities. People are shifting to DIY trends as a result of the economic downturn and they utilize user friendly and easy to use tools to minor service and maintenance operations.

North America Market Growth Outlook

The growing urbanization and automation in North America is moderately competitive, with several major players. The key competitors in the industry are focused their efforts on growing their customer base and meeting consumer demand.

The United States has always been a trailblazer in terms of adopting important technological advancements. Subsidies and tax incentives have been offered by the government to encourage the usage of cost-effective systems.

Increased need for automation to increase efficiency and quality, as well as the need for compliance and government support for automated tools and the development of multifunctional tools, are all major market drivers.

The manufacturers across industries in North America are laying the groundwork for progress by boosting their engagement levels. Hence the future of this industry seen very lucrative and revenue oriented in upcoming years.

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Who are the Key Manufacturers and Suppliers of Allen key?

Key players in these industries are

  • Stanley,
  • Bondhus,
  • Neiko,
  • WorkPro,
  • TEKTON,
  • Titan Tools,
  • Outdoor Gear & Hardware,
  • Allen,
  • EKLIND,
  • SPERO,
  • Ampro and
  • Klein.

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.

Allen Key Market 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.

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segments

By Type:

  • L-clamp Allen Key
  • T-clamp Allen Key
  • P-Handle Allen Key
  • Folding Allen key

By Application:

  • Factory
  • Repair Shop
  • House Using
  • Others

By End-use Industry:

  • Construction
  • Household
  • Furniture
  • Commercial
  • Automotive

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Europe
    • Germany, Italy, France, U.K., Spain, BENELUX, Russia
  • South Asia Pacific
    • India, ASEAN, Australia and New Zealand (ANZ)

Global Empty Capsules Market Will Cross US$ 2 Bn In 2022

Empty capsules are witnessing an adoption upsurge, owing to numerous factors such as limited number of competitors, growing demand from the pharmaceutical sector, standard margin level, and potential opportunities in vegan gelatin-based capsules. Further, faster uptake by the FDA and focus of market players on ramping up production capacity are key factors shaping the growth of the empty capsules market.

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Empty capsule manufacturers are progressively targeting specialty markets such as contract manufacturers, generic manufacturers, and pediatric drug manufactures. Increasing penetration of low-cost manufacturers in various countries, and supply contracts of life-saving essential drugs, primarily in developing and emerging countries, are further driving the empty capsules market.

The global empty capsules market is estimated to be valued at US$ 1.9 Bn in 2020, with the market expected to exhibit a CAGR of 8% during the forecast period (2020-2030). The coronavirus (COVID-19) pandemic that has so far claimed the lives of over 200,000 people and infected over 3 million, has forced several countries to declare nationwide lockdowns. This has disturbed supply chains in the empty capsules market, due to logistics paralysis. As such, the market is expected to witness a gradual decline in in 2020.

“Lower labour cost and abundant availability of raw materials are among the key factors driving the empty capsules market in Asia Pacific excluding Japan (APEJ) and Western Europe. In addition, favorable regulatory ecosystem to establish empty capsule manufacturing businesses and lower taxation policies are propelling market growth in APAC.”

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Key Takeaways of Empty Capsules Market Study

  • Greater focus on relieving pressure of supply chain due to demand gap is being tackled by ramping up production capacity; up-scaling is the fundamental strategy outlined for meeting demand in the empty capsules market.
  • Vegetable capsules are the latest innovation and are expected to replace gelatin-based variants. Recently, hard gelatin manufacturers have begun increasing the production of vegetarian capsules at scale.
  • South and East Asian pharmaceutical markets are expected to grow at twice the global average in terms of value, owing to population growth, rising incomes, and improved access to healthcare.
  • The empty capsules market in China is anticipated to exhibit the fastest growth, where per capita spending is anticipated to increase by over 70% in the coming five years.
  • High upfront costs and lower margin levels in empty capsules have resulted in 10%-20% price hike in finished products, registering lower sales for animal-based gelatin products in the recent past.
  • India, with almost 40% growth, is offering value-capture opportunities, owing to good patient recruitment, acceptable quality of services, reasonable cost-quality ratio, existence of regulatory agencies, high standards of care, larger population base, and low cost of labour.
  • Companies manufacturing halal capsules are obtaining halal certification from the Islamic Food and Nutrition Council of America (IFANCA) to capture market shares in Muslim-dominated countries.
  • The empty capsules market is consolidated, with leading manufacturers holding around 70% revenue share. Further, growing prominence of CMOs and large-scale gelatin manufacturers is anticipated to boost the growth engine.
  • Higher volume handling by key players in comparison with local manufacturers, and higher production capabilities and price advantages over non-standard manufacturers, are expected to generate significant revenue pockets.

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Key Players Focus on Capacity Expansion, Strategic Acquisitions, and Joint Ventures to Widen Regional Presence

Leading players in the empty capsules market, such ACG Worldwide, Capsugel, Qualicaps, Inc., Bright Pharma Caps, Inc., and Roxlor LLC, are concentrating on business expansion through mergers, joint ventures, distribution agreements, and capturing untapped market potential.

  • For example, in 2015, Capsugel increased the production of vegetarian-based capsules by investing US$ 25 Mn across its manufacturing sites.
  • Empty capsule manufacturers are generating high returns from nutraceutical and pharmaceutical industries by supplying non-animal or vegetarian empty capsules, with effective physical properties such as reduced moisture content, best suited for nutrient supplements and hygroscopic drugs.
  • In similar context, empty capsule manufacturers are boosting substantial sales revenue from nutraceutical manufacturers by supplying vegetarian-based empty capsules coupled with fluid filling technology.
  • Top manufacturers of hard gelatin capsules are expanding their production facilities through acquisitions.
  • For instance, Qualicaps completed the acquisition of Genix Industria Farmaceutica Ltd., one of Brazil’s top hard empty capsule manufacturers. The acquisition permits the manufacturer to establish its operating sites in the U.S., Canada, Spain, Japan, and Romania.

Global Briquetting Press Market Assessment and Key Insights Analyzed Till 2028

Briquetting press is a machine that uses massive pressure to squeeze feeding material into sticks or square blocks. It is also called as a briquette machine or briquette maker. A briquetting press is utilized around the globe for its irreplaceable advantages such as better waste management, cost-effectiveness, metal chip recycling, and better handling of residual materials.

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Furthermore, different types of materials are used as feeding materials in briquetting presses such as metals, wood, paper, plastics, biomass, etc. Briquettes of different materials have different applications and are used for residential, commercial, and industrial purposes.

Additionally, government regulations and support for the use of renewable energy sources and advantages of biomass briquettes over other fuels is increasing the demand for biomass briquettes in various end-use industries. This factor is expected to significantly drive the biomass briquetting press market.

However, low maintenance and long life span of briquetting press lead to a low substitution rate. Additionally, hydraulic and screw briquetting presses require high maintenance and initial investment to setup a briquetting plant. This factor is anticipated to hamper the growth of the briquetting press market over the forecast period.

Regional Outlook

The Asia Pacific region is projected to be a prominent region in the briquetting press market owing to the increasing demand from manufacturing industries for metal briquetting presses and biomass briquettes. Countries such as China, India, and Japan are expected to have significant growth in the briquetting press market due to the government initiatives for the use of renewable energy sources in the region. The increasing government regulations related to waste management and renewable energy sources such as biomass briquettes, in Europe, are projected to create demand for new briquetting presses in the region over the forecast period.

North America is expected to have significant growth in the briquetting press market owing to the growing production and consumption of biomass briquettes and the increasing demand for metal briquetting presses in different manufacturing and metal processing industries. Middle East & Africa and Latin America regions are anticipated to have promising growth in the briquetting press market over the forecast period.

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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By Segment:

The briquetting press market can be segmented into product type, mode of operation, power supply, feeding material, end use, and region.

On the basis of product type, the global briquetting press market is segmented into:

  • Mechanical Briquetting Press
  • Screw Briquetting Press
  • Hydraulic Briquetting Press

On the basis of mode of operation, the global briquetting press market is segmented into:

  • Automatic
  • Semi-automatic
  • Manual

On the basis of power source, the global briquetting press market is segmented into:

  • Electric
  • Fuel

On the basis of feeding materials, the global briquetting press market is segmented into:

  • Metals
  • Wood
  • Biomass
  • Plastics
  • Paper

On the basis of end use, the global briquetting press market is segmented into:

  • Residential
  • Commercial
  • Industrial

A briquetting press is used to form briquettes from different types of materials. These are directly used in the boilers of sugar mills, paper mills, dyeing houses, leather and oil extraction plants, etc. They can also be used in furnace & foundries for heating & melting metal, brick kilns, as well as for residential & commercial heating purposes. Biomass briquettes are an eco-friendly and renewable power source and used as a fuel for many industrial purposes. The rising demand for briquettes from different end-use industries and sectors is projected to push the growth of the briquetting press market over the forecast period.

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Market Participants

Some of the market participants in the global briquetting press market are:

  • WEIMA Maschinenbau GmbH
  • Metso Corporation
  • Ruf GmbH & Co. KG
  • Advance Hydrau-Tech Pvt. Ltd.
  • MA.FER MACCHINE Srl
  • F. Nielsen
  • PRODECO S.r.l.
  • IMABE Iberica, S.A.
  • Jay Khodiyar Group
  • Ronak Agrotech Engineering Pvt. Ltd.
  • Radhe Industrial Corporation
  • SMS group GmbH
  • LEHRA FUEL TECH PVT LTD
  • Fote Heavy Machinery 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 market segments such as geographies, application, and industry.

Gas Holders Market is projected to rise with the growth rate of 3%-4% during period of 2021 to 2031

Gas Holders Market Overview

According to latest research estimates, Gas Holders market is projected to experience incremental growth in the coming decade. Gas Holders Market is projected to rise with the growth rate of 3%-4% during period of 2021 to 2031.  Demand for Gas Holders will witness continued traction in emerging markets for the assessment period.

Augmentation of natural gas production and storage facilities is key factor behind the market growth. Raw material pricing i.e. Steel and Polymers will have a determining effect in product fabrication and end user sales quotes.

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What is Driving Demand for Gas Holders?

Gas holders is a pivotal component for the storage and transportation of the natural gas based in production and storage facilities. As per global Energy Council & Production Data Statistics, the production rate of natural gas in the globe has been increasing at a steady rate with annual average rate of 4% recorded in the historical 5 years, where in few regional hubs a robust increase upto 10% percent has been witnessed.

With demand from onshore and offshore storage facilities a durable storage system is required to store & transport the gas, which has been instrumental in the market growth.

Demand from industrial gas manufacturing units, cryogenics and air separation plants is also expected to escalate the installation rate of gas holders in proportion to new facility expansion and investment rates in the respective end use verticals.

Provision of standard storage capacities as well as customized configurations are being provided by the manufacturers. It is very essential that storage system should be hard enough to resist every kind of leakage & therefore efforts are being made by manufacturers by trying various kin of materials in manufacturing of gas holders to get the desired results.

To cater this criteria, emphasis on highly durable & cost effective solution for end users has been pursued by the OEMs.

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Growing CAPEX Investments Related to Petrochemicals, Power Generation and Industrial Gas Manufacturing Units in Developing Countries to Propel the Market for Gas Holders

The CNG based power generation is growing traction in developing countries of Asia and Latin America with raising investments and capital equipment. This in turn is expected to call for installation of gas holders to a sound extent.

Additionally, petrochemicals and cryogenics industries are also expected to imbibe gas holder installations to a rich extent. With the extensive product shelf life, the replacement rate is expected to be on lower rate where repair and maintenance of the body will be chiefly observed in the subsequent years. Ancillary services such as coating, corrosion protection and linings will provide opportunities in revenue earning for the participants involved in the value chain.

Regional Market Outlook

North America is expected to hold a considerable market share over the forecast period With U.S. already leading the global natural gas production index in the globe and Canada emerging as the next growth market, the region is expected to sustain its dominance for the gas holder’s sales share in the globe.

Also, with several initiatives taken by the governments and agencies of several countries for building natural gas production plants which enhances the demand growth for the market in the region.

East Asia and Pacific is expected to have robust growing market due to development of power generation sector in various countries such as China, Australia. The growth is expected primarily due to the combination of multiple factors including rising production of natural gas, power generation capacity expansions, petrochemicals and industrial gases market growth.

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Who are the Key Manufacturers and Suppliers of Gas Holders?

Some of the leading manufacturers and suppliers of Gas Holders are

  • Zekelman Industries
  • Boselan Tanks Co., Ltd (BSL)
  • ReVivo Gas
  • s.r.o.
  • Ovivo USA LLC
  • Wiefferink B.V.
  • Geomembrane Technologies
  • an Evoqua brand
  • WesTech Engineering, LLC
  • Eco-Tech, Inc. among others.

Leading manufacturers are focused on expansion sales and distribution network in emerging markets across the globe. Direct supply chain route is being employed by OEMs with the end users. Attributing to the presence of number of upper and lower tier players, the Gas Holders market is touted to be fiercely competitive.

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.

Gas Holders Market 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.

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segments

By Product Type:

  • Water Sealed
  • Rigid Waterless

By Material Used:

  • Metal
  • Plastic(PVC, PE)
  • other

By Capacity:

  • Below 100 KL
  • 100 -250 KL
  • 250 -500 KL
  • 500 -750 KL
  • 750-1,000 KL
  • Above 1,000 KL

Europe Platelet Rich Plasma (PRP) Market Competitive Growth Strategies Based on Type, Applications, End User and Region

The market for platelet rich plasma (PRP) Europe is expected to reach US$ 37.5 Mn in 2016, up from US$ 35.3 Mn in 2015. Adoption of platelet rich plasma in treating musculoskeletal injuries, including tennis elbow, Achilles tendinopathy, and plantar fasciitis, will continue to drive revenues. PRP therapy is also gaining traction in treating sports-related and geriatric injuries, owing to its minimally invasive procedure and quicker recovery time.

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By product type, PRP kits will continue to outsell instruments, accounting for over 75% revenue share of the market in 2016. Among the various platelet rich plasma kits, autologous kits will account for the highest demand on the basis of blood type, representing a market value worth US$ 24.2 Mn. P-PRF kits—valued at US$ 10 Mn in 2015—will witness the highest growth by end-product type, increasing at 8.6% in 2016.

By application, adoption of PRP therapy will continue to remain highest in the treatment of knee and elbow injuries. While knee application segment revenues will grow by 7.2%, elbow application segment revenues are projected to grow by 6.3%. Use of PRP therapy in the treatment of ever-increasing incidences of osteoarthritis and tennis elbow will gain further traction in 2016 and beyond.

PRP revenues in the UK—the largest market in Europe—will grow by 7.3% in 2016, an increase of 0.20% from the 7.1% growth in 2015. High prevalence of sports-related incidents in the U.K., combined with high awareness about the benefits of PRP therapy among healthcare community and patients, will continue to fuel the growth of the market in the country.

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France will maintain its position as the second largest market for PRP in Europe, growing by 6.5% in terms of revenues in 2016. France is home to subsidiaries and distributors of several PRP players, such as Biomet, Inc., DePuy Synthes, Inc., and Stryker Corporation and a range of highly innovative products are available in the market.

Johnson & Johnson Inc. and Stryker Corporation are the established players in the Europe PRP market. Johnson & Johnson’s PEAK™ Platelet Rich Plasma System and Stryker Corporation’s RegenKit THT Autologous Platelet-rich Plasma (A-PRP) will continue to witness sizeable sales in 2016. Arthrex – Arthrex Angel System™ from Arthrex Inc. and GPS® III Platelet Separation System by Zimmer Biomet Holdings Inc. will also account for substantial revenue share of the Europe PRP market.

Long-term Outlook: The PRP market in Europe is expected to increase at a CAGR of 6.6% during the forecast period 2016-2024. The UK will continue to be at the forefront of overall demand, with France and Germany accounting for sizeable market share. While FMI maintains a positive outlook on the Europe PRP market, challenges, including lack of standardisation in preparation and dosage of autologous blood concentrate, and uncertainty about therapy efficacy can impede growth during the forecast period.

Platelet rich plasma (PRP) is a blood plasma concentrate enriched with platelet count above the baseline of whole blood prepared from patient’s own blood or from a healthy donor’s blood.  There are different types of PRP, categorised on the basis of source of blood and end-product type.

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Autologous PRP is a cost-effective, quick, and easy production method involving lower threat of disease transfusion as it is prepared from patient’s own blood, thus leading to its widespread adoption. Autologous PRP has been increasingly used in treatment of musculoskeletal injuries, especially in the treatment of sports-related injuries.

Allogenic PRP is prepared using blood from well-characterised donors. Allogeneic PRP helps generate more consistent and reliable therapeutic effect and also helps avoid taking large quantities of blood from patient.

Grease gun Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2020-2030

Future Market Insights upcoming report on global Grease gun market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Grease gun market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Grease gun market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

According to the FMI’s report, the Grease gun market is projected to record a CAGR of xx% over the forecast period. To receive the detailed insights about the Grease gun market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

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Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Grease gun market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Grease gun market.

Key Questions Answered in the Report

1. What are the key trends and challenges that will affect global Grease gun market in upcoming years?

2. What are the factors that will influence the Grease gun market demand?

3. Which region will be the most lucrative for Grease gun market throughout the forecast period?

4. How will evolving regulatory policies impact the market growth?

5. What is the impact of Covid-19 on the Grease gun market?

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Grease gun Market: Segmentation

Detailed analysis on the geographical region and country wise insights are offered in the latest Grease gun market report with established market players as well as incumbents in the region.

Loading:

  • Bulk Loading
  • Cartridge Loading
  • Suction Loading

Power source:

  • Manual Lever
  • Pneumatic
  • Battery

End use industry:

  • Automotive
  • Construction
  • Agricultural
  • Other Industrial

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Grease gun Market Competitive Analysis

By Prominent Market Players

  • Groz engineering tools Pvt Ltd
  • SKF
  • Milton Industries, INC.
  • Sturdy
  • Lincoln
  • Dewalt
  • Ampro tools
  • Legacy
  • Plews and Edelmann
  • Pressol
  • Bijur Delimon
  • Zhuji Shuenyida Machinery Co., Ltd
  • Ryobi Tools

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Grease gun market

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
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  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario.

The Polycide Market is projected to expand between 4.0% and 6.0% CAGR during the 2021-2031

Polycide Market Overview

According to latest research, the polycide market is projected to expand between 4.0% and 6.0% CAGR during the 2021-2031 assessment period. The growth of the market can be attributed due to the steady increase in demand from pharmaceutical sector across the globe.

It has various application in pharma as well as food industry. Increase in the usage of disinfectant cleaner in food industry is going to boost the demand of polycide across the globe. The growing demand for improved properties and quality is expected to provide growth opportunities for the products market.

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What is Driving Demand for Polycide Market?

Major factors driving the market are the growing demand from the food and beverage industries as this compound is a green, clear liquid dual acting disinfectant cleaner. It is used to clean and disinfect hard surfaces and other surfaces. This multipurpose disinfectant is odorless and is safe to use on food contact surfaces. High economic growth and increase in population are expected to drive this food and beverage industries, thereby propelling the demand for polycide in cleaning and disinfectant applications.

It also has biocidal property which is very useful in preventing the undesired growth of fungi, algae, and bacteria in various process industries such as baking, breweries, food processing distilleries, confectionery and distilleries. It is also used in the preservation of industrial products, such as paper, textile, leather and paint. Thus rise in the demand of industries is going to increase the demand of polycide. Growth in demand for water treatment and general sanitation in industries is a major factor estimated to drive the market in the near future.

Pharmaceutical industry is becoming a key segment for the Consumption of Polycide Market.

Increasing demand from the pharmaceutical industries is one of the major factors driving the world’s polycide market. As this compound when converted to liquid form acts as a medicine  that  is used for common preservatives in eardrops, nasal drops , eye drops, antiseptic, mouth ulcers, gum irritation, abrasions and for the preservation of pharmaceutical products and other condition.

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The demand of advanced pharmaceutical products has been increasing rapidly around the globe, which in turn has led to increased consumption of pharmaceutical ingredients and raw material. Thus this pharmaceutical industry is acting as one of the key usage industry for the product.

Asia Pacific Polycide Market outlook

APAC is estimated to be the largest market for polycide in forecasted period. The market for this region is segmented into China, India, Japan, Malaysia, Indonesia, and the Rest of APAC. According to the World Bank, APAC is the fastest-growing region in terms of both population and economy. The region has witnessed significant growth in the past decade, accounting for over one-third of the world’s GDP. High economic growth, coupled with the increasing population, is expected to drive the region’s industrial sector.

China, Japan and India are leading the market demand in the Asia Pacific with the increasing growth of the regional pharmaceutical industry as it acts as a preservative for pharmaceutical products. After the COVID -19 pandemic, the demand for the products made for hygiene and disinfection is increasing rapidly in which this compound plays a very important role. The region is expected to continue to remain the fastest growing market globally, attributing to the accelerating emergence of local stakeholders in the pharmaceutical industries.

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North America Demand Outlook for Polycide Market outlook.

North America is also expected to witness significant market growth of this compound on account of rising production in food and beverage industries over the forecast period.

Also, North America is the largest pharmaceutical market in the world, driven by the U.S., and the demand of this product will hence witness significant growth in the region on account of this factor. Stringent regulations pertaining to food packaging and production are projected to further stimulate demand.

Who are the Key Manufacturers and Suppliers of Polycide?

Some of the leading manufacturers and suppliers include

  • Shanghai hipoly Bio tech co ltd (China)
  • Dynachem specialty chemical solutions (South Africa)
  • Purestreak chemicals (China)
  • Langfang  BLD trade and co(China)
  • shanghai jiangqing international co.ltd (China)
  • Weifang Maochen Chemical Co.
  • Ltd(China)
  • Valtris specialty chemicals(USA).

Key players are investing an enormous amount in research and development to introduce new products and they are also investing to manufacture products in a sustainable way, to decarbonize their supply chains. Key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale.

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.

Polycide Market 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

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segments

By Product Form:

  • Liquid
  • Solid

By Application:

  • Pharmaceutical
  • Food and Beverages
  • Domestic Cleaning
  • Industrial & Institutional Cleaning
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America

Automated Microbial Detection Systems Market Competitive Growth Strategies Based on Type, Applications, End User and Region

A number of infectious diseases and the increasing number of resistant strains of microorganisms lead to the development of microbial detection kits. However these traditional methods of culturing and then identification is time consuming. Automated microbial detection systems is one solution for this problem. Using these systems the detection process of microorganisms can be done within a few minutes of culturing and the results could be available within a couple of hours. Automated microbial detection systems are automated tools used for the detection of key contaminant microorganisms. These methods allow for preventive controls and faster testing. The results could be obtained within a few hours using the automated microbial detection systems, when compared to the traditional culturing methods.

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A number of large and small players provide automated microbial detection systems. Some of them include Thermo Fisher Scientific, Lonza, Pall Corporation, MediRay, BioMeriux and MIDI Inc.

Market Dynamics of Automated Microbial Detection Systems Market

A number of factors drive the growth of the automated microbial detection systems market. Some of these include the increase in incidence of infectious diseases that are coupled with epidemic and pandemic events that occur every year. Increasing food safety concerns is another factor that drives the growth of the automated microbial detection system market. Technology advancements and government initiatives to aid the development of the market further. However, high cost of automated microbial detection systems and complex regulatory framework slightly hinder the growth of the automated microbial detection systems market.

Genotypic Methods are Popularizing

When genotypic methods are applied for the identification of microorganisms it results in specie-specific fingerprints. The genotypic methods of automated microbial detection systems are fast and reliable. New genotypic methods include the use of microchips coated with an array of oligonucleotides that allows rapid identification, by the determination of patterns or sequences that are specific to an organism. DNA sequencing and biochemical sequencing coupled with fluorescent analysis of the product is also being developed for automation.

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Automated Microbial Detection Systems in Diagnostic Laboratories

Diagnostic laboratories culture different kinds of samples such as blood and urine for diagnosis of infectious diseases. With the traditional method of culturing and testing the results could take days and the patient may be in distress until then. There is a need to reduce the time required for the detection process. This can be achieved by the use of automated microbial detection systems.

Regional Market Outlook

Although North America will continue to hold the largest share in the automated microbial detection systems market, Asia-Pacific is expected to grow with the largest CAGR.  The continued focus of the major player towards emerging and Asian countries as well as due to the support of the government in these region leads to development of the automated microbial detection systems market in the region.

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Competition Outlook

Automated Microbial Detection Systems are expensive devices. Thus the Automated Microbial Detection System Market is dominated by large players like Thermo Fisher Scientific, Becton Dickinson, Merck Millipore and Lonza. The other small players include Biomerieux, MIDI Inc and MediRay.

Norovirus Infection Treatment Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Norovirus is the common viral infection which can affect anyone. It is a contagious infection can be spread through food or water and also by touching the contaminated surface. Norovirus infection leads to stomach pain, nausea, diarrhea and throwing up. These symptoms are very serious, especially among older people and children. Norovirus infection also lead to fever, headache and body ache. Currently, there is no specific treatment available in the market to cure norovirus infection completely. Additionally, there is no vaccine available in the market for the prevention of norovirus infection.

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Oral intake of plenty amount of fluid may also cure the norovirus infection. But, for the people having severe nausea or vomiting during norovirus infection can be prescribed with the medicine by a physician to stop or reduce the vomiting. Intake of electrolyte powder is a common type of treatment option for norovirus infection which avoids the complication of dehydration. Rather than go to physician clinics norovirus infection can also be cured by home remedied such as consumption of plenty amount of fluid or electrolyte.

Norovirus Infection Treatment Market: Drivers and Restraints

Increasing incidence of norovirus infection among people is the major factor driving the growth of norovirus treatment market. Moreover, life style habit of having junk food may also increase the chances for spreading of norovirus infection treatment. Additionally, lesser consumption of potent water by the majority of population in under developing countries also leads to high risk of norovirus infection. The adoption of homemade remedies could hamper the growth of clinical treatment market for norovirus infection to some extent. Lack of awareness among the people about the personal health hygiene & lack of awareness about the infection will also hamper the growth of norovirus infection treatment market.

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Norovirus Infection Treatment Market: Overview

The global norovirus infection treatment is expected to show significant growth over the forecast period due to rising incidences of norovirus infection. NGO tends to aware the people about the personal hygiene to avoid getting infected from norovirus. Electrolyte powder is the most common treatment option to cure the norovirus infection. Therefore, electrolyte powder segment is expected to dominate the revenue share by treatment type for global norovirus treatment market. Among all distribution channel, retail pharmacies segment is expected to be most lucrative market over the forecast period through retail pharmacies is the first choice of people to buy electrolyte powder.

Norovirus Infection Treatment Market: Regional Overview

On the basis of regional presence, global norovirus infection treatment are 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 norovirus infection treatment due to awareness among the people about the norovirus infection.  After North America, norovirus infection treatment market is then followed by Western Europe and Japan. In APECJ region, India and Australia are the major markets for norovirus infection treatment due to rising incidences of norovirus infection in these countries. MEA and Latin America is expected to show relatively low adoption norovirus infection treatment owing to lack of personal hygiene among the people.

Norovirus Infection Treatment Market: Key Players

Examples of some of the market participants in norovirus infection treatment market identified across the value chain include Nimraj Chem Agrovet, B.F. Ascher & Company, Inc., Meda Pharmaceuticals Inc., Concordia Pharmaceuticals Inc., AvKare, Inc., Valeant Pharmaceuticals International, Inc., Capellon Pharmaceuticals, LLC. Water Life Technologys, Mizuno Pharmacies.

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

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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 Countries, S. Africa, Northern 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.