Market Research Blog – Page 15825 – New Product Development

Basalt Fibre Market Market Size by 2030: Global Demand and Regional Analysis

Given its low water absorption aspect, basalt fibre is gaining significant traction as construction material. High thermal resistance of basalt fibre makes it an ideal material in industrial furnace lining and fireproof rope applications.
A naturally-derived material, basalt is relatively more recyclable compared to other reinforcing fibers and is, thus, witnessing significant traction in various end-use industries.
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Market players are investing in R&D for expanding the application scope of basalt fibre to wind energy, marine and other industries.
Basalt Fibre Market – Growth Drivers and Trends
Increasing infrastructural development projects in emerging economies, especially China, and India, are primarily fueling the demand for basalt fibre in construction industries, owing to its low-cost and non-corrosive properties.
Basalt fibre exhibits 83% more tensile strength versus steel and its small particles act as an additive to produce fibre-reinforced concrete.
Going forward, basalt fibre finds immense usage as fireproof textile in automotive and aerospace industries as it is cheaper than carbon fibre and possess greater physicomechanical properties than fiberglass.
Basalt Fibre Market – Growth Restraints
While basalt fibre is witnessing significant demand from several end-use sectors, factors such as high cost and scarcity of raw material is posing threat to the basalt fibre market growth.
Availability of numerous low-cost substitutes such as fiberglass is dampening the adoption of basalt fibre from small-scale industries.
Domestic manufacturers in emerging regions are stiffening the market competition by selling products at much cheaper rates, as such, leading players are experiencing difficulties in expanding their regional foothold.

Impact of COVID-19 on Basalt Fibre Market

The COVID-19 pandemic is having dampening effect on the global mining industry. Government has imposed lockdowns in various non-essential service sectors, thus, resulting in reduced production of metals from mining industries. On the other hand, demand for commodities such as copper, basalt and iron remains low from various end-use industries.
Unavailability of labor and high transportation costs have halted construction processes in worst-affected countries including, Italy, the US, China, India, among others. Recent studies reveal the global construction industry currently stands at 0.9% growth in 2020. Going forward, demand from the automotive industry for basalt fibre has seen a severe downfall during the COVID-19 pandemic.

Basalt Fibre Market – Regional Analysis

North America and Europe currently hold prominent share in the global basalt fibre market. The US, Russia and Germany are leading consumers of basalt fibres in these regions respectively.
These regions are hub of automobile, construction and wind energy sectors. Further, favorable government trade policies are playing a helping hand in the market growth in North America and Europe.
Asia Pacific (APAC) is anticipated to provide remunerative opportunities to basalt fibre market towards the forecast period.
Increasing government investments towards infrastructural development is slated to drive the regional market growth.
Expanding automotive industries in China and Japan is fueling the demand for basalt fibre. Studies reveal that the annual production of automobiles in APAC is more than 50 million, 60% of which are used domestically.

Basalt Fibre Market – Competitive Landscape

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

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

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Key Compnies

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

Region

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

Report Highlights
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.
Basalt Fibre Market – Segmentation
Basalt fibre market is segmented on the basis of following,
By Type

Composites
Non-Composites

By Form

Continuous Basalt Fibre
Discrete Basalt Fibre

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By Composite Processing Method

Pultrusion
PrePregs
Compression Moulding
Hand Layup
Resin Moulding
Vaccum Infusion
Spray Gun
Filament winding
Resin film Infusion (RFI)
Others

By Application

Concrete reinforcement
Roads
Mesh filters
Insulator
Wall Plugs
Spray Application
Refractory Bricks and Blocks
Walls and foundations
Coastline reinforcement
Reinforcement for Sports equipment and Automotive Parts
Water works
Ship & Boats Building
Shafts and tunnels
Composites
Others

By End-use Industry

Construction & Infrastructure
Automotive & Transportation
Electrical & Electronics
Wind Energy
Marines
Others

The Global Surgical Mask Market size is expected to reach a valuation of US$ 4.2 Bn by 2030- Research By FMI

Short-term demand for Surgical Masks remains unprecedented, however, growing awareness regarding their effectiveness will lead to steady sales in the long-term, according to a latest study by Future Market Insights. According to the study, even after the COVID-19 pandemic is brought under control, a sizeable percentage of people are likely to continue wearing masks in crowded places, and cities where pollution levels are high.

Key Report Takeaways

The global surgical masks market is forecasted to surge past valuation of US$ 4.2 Bn by 2030
Basic surgical masks and fluid/splash resistant surgical masks are expected to collectively account for 80% of market value, each holding a share of near-equal proportions.
The adoption of basic surgical masks is concentrated among general consumers while fluid/splash resistant surgical masks find a majority of takers among medical professionals.
By end-use, hospitals are foreseen to channel the majority of revenue, capturing more than 70% of market value.
Ambulatory surgical centers are anticipated to remain the second-most lucrative market, accounting for more than 1/5th of global market value.
Europe is poised to capture the lion’s share in market value, accounting for a share little below 2/5th of market value.

“Market players are leveraging the unprecedented demand for surgical masks created by the pandemic and are focusing on increasing their brand visibility,” remarks FMI analyst.

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Through the years, surgical masks have remained one of the most prominent protective equipment among healthcare professionals while performing medical procedures.

Surgical masks offer protection against exposure to harmful bacteria and other organisms present in the blood and other bodily fluids that the medical professionals are likely to come in contact with during surgical procedures.

As the number of surgeries continues to increase in direct proportion with the expanding base of the geriatric population, the demand for protective surgical equipment, including surgical masks, is expected to prevail high for the years to come.

As per the statistics of The Lancet, the number of surgeries conducted across the world surged passed 313 Mn in recent years and continues to rise year-on-year, offering substantial revenue opportunities to market players.

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Likewise, high levels of air pollution in East Asian nations such as China, South Korea, and Japan have made wearing masks a common practice among the population of these regions.

Besides, the sales of masks in the aforementioned regions have historically witnessed an upsurge during the flu seasons. On these lines, the outbreak of COVID-19 is creating an unprecedented demand for surgical masks, as they become an integral part of routine during the pandemic.

COVID-19 Impact on Surgical Masks Market

The outbreak of COVID-19 has proven fruitful to the manufacturers of surgical masks, as demand for surgical masks has never been higher. As the number of infections continues to spike in large nations such as the US, India, Brazil, and Russia, with no vaccine approval in sight, people are resorting to all kinds of protective measures in their routine.

On this premise, surgical masks have emerged as the most accessible and efficient safety measure, and have become an integral part of their lives. Surgical masks are currently among the most sought out essentials and are poised to remain through the pandemic, thus catalysing the overall market growth.

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Who is Winning?

Key players operating in the market are capitalizing on the demand created during the pandemic and are upscaling their production capacities to gain a competitive edge. Moreover, market players are focusing on procuring approvals for new products to distribute on a wide-scale. On these lines,

3M is committed to producing 50 Mn masks to the US medical authorities during the pandemic.

Similarly, Honeywell International has expanded its manufacturing capacity in its facility located in Smithfield, Rhode Island, to cater to the growing demand.

FMI’s report includes profiles of some of the most prominent names in the market including 3M, Honeywell International Inc., and Medline Industries, Inc., Halyard Health (Owens & Minor, Inc.), Kimberly-Clark Worldwide, Inc., Medline Industries, Inc., Moldex-Metric Inc., Kowa Company Ltd., Premium HealthCare Disposables Private Limited, Kindwell Medical BioClean (ANSELL LTD.), Dynarex Corp., and Valmy among others.

To Know More About Surgical Masks Market

A new market research report published by Future Market Insights (FMI) on the global surgical masks market offers an executive-level blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – product, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

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Cancer Supportive Care Products Market to Reach US$ 32 Bn in 2030 Despite Short-term Blip -Future Market Insights

The cancer supportive care products market is anticipated to reach a valuation of US$ 32 billion by 2030. The industry is expected to be marginally impacted by the ongoing crisis of the coronavirus outbreak. The critical nature of cancer treatment is a key factor that supports the production and sales of cancer supportive care products. On the other hand, potential risks of coronavirus on immunocompromised cancer patients can create challenges in the industry.

As the FMI report foresees the future of the cancer supportive care products market, the demand will expand at a notable CAGR of during the forecast period of 2020 to 2030. In terms of revenue, the concerned market is poised to attain a valuation of US$ 32 Bn by the end of 2030, Cancer supportive care products market is expected to grow at about 4% y-o-y in 2020. As per the World Cancer Research Fund International (WCRF), it has been projected that there will be more than 24 million cases of cancer by 2035 globally. These numbers do not include non-melanoma skin cancer. According to the National Cancer Institute (NIH), there were more than a million cancer cases in the U.S. itself

“Most prominent cancer treatment therapies have been known to cause a wide range of potentially serious side effects. Consequently, the role of cancer supportive care drugs is essential in reducing such side effects. So, increasing incidences of cancer has a direct impact on the growth of this market for the foreseeable future,” says the report by FMI.

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Cancer Supportive Care Products Market – Primary Takeaways

Erythropoietin stimulating agents are accounting for major market share, owing to superior efficacy in supporting the patient’s immunity capacities during treatment.
Supportive care for breast cancer is rapidly gaining ground, supported by high investments by private and public bodies toward breast cancer awareness campaigns.
North America is a major market for cancer supportive care products, aided by favorable reimbursement policies, and better healthcare infrastructure.

Cancer Supportive Care Products Market – Growth Factors

Steadily rising incidences of cancer, coupled with higher incomes and better healthcare facilities are key driving factors.
High investments by governments and healthcare companies towards product development support adoption.

Cancer Supportive Care Products Market – Major Constraints

The increasing use of targeted therapy drugs for cancer reduces side effects and the requirement of supportive care products.
Strict regulations and slow approval of cancer supportive care products holds back market growth.

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The Projected Impact of Coronavirus

With the high level of contagiousness of the covid-19 virus, healthcare facilities are being forced to balance the need for cancer therapies, with the potential risk of severe complications arising from a coronavirus infection, particularly as most cancer patients are immunocompromised for the duration of the treatment. Supportive care products which can minimize clinic and hospital visits are gaining preference. As a result, telehealth options are likely to gain ground during the pandemic.

Competition Landscape

The cancer supportive care products market comprises players including but not limited to Teva Pharmaceutical Industries Ltd., Amgen Inc., Fagron, Johnson & Johnson Pvt. Ltd., Hoffmann La Roche Ltd., Baxter, Novartis AG, Heron Pharma, Bendalis Gmbh, Enlivity Corporation, and ARIAD Pharmaceuticals.

Participants in the cancer supportive care products market are largely displaying interest in setting up clinical trials, and acquiring regulatory approval for new offerings in development.

For instance, Pfizer announced the FDA approval for Bavencio – avelumab for supportive care in advanced bladder cancer. Similarly, Specialized Therapeutics Asia’s NERLYNX for early breast cancer care has received approval by the National Pharmaceutical Regulatory Agency of Malaysia. Javelin Pharmaceutical Inc. has set up a promising clinical trial for second-line immunotherapy for its bladder cancer supportive care drug.

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More About the Study

The FMI study provides detailed insights on cancer supportive care products market. The market is broken down in terms of drug class (non-steroidal anti-inflammatory drugs, anti-infective, anti-emetic, monoclonal antibodies, erythropoietin stimulating agent, opioid analgesics, bisphosphonates, and granulocyte colony stimulating factor), indication (lung cancer, breast cancer, prostate cancer, liver cancer, bladder cancer, leukemia, ovarian cancer, melanoma, and others), and distribution channel (Hospital pharmacy, retail pharmacy, and compounding pharmacy), across seven key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Explore Future Market Insights Coverage of the Healthcare, Pharmaceuticals & Medical Devices Industry

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Asia Pacific Portable Medical Devices Market Will Grow By 11.2% : FMI

Portable Medical Devices market players –, among others represent the global Portable Medical Devices market. The market study depicts an extensive analysis of all the players running in the Portable Medical Devices market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Portable Medical Devices market report.

𝑮𝒆𝒕𝑭𝑹𝑬𝑬𝒔𝒂𝒎𝒑𝒍𝒆𝒊𝒏𝑷𝑫𝑭/𝑷𝑷𝑻/𝑬𝒙𝒄𝒆𝒍𝑭𝒐𝒓𝒎𝒂𝒕 : @ https://www.futuremarketinsights.com/reports/sample/rep-gb-404

Future Market Insights, in its latest business report, elaborates on the current situation of the global Portable Medical Devices market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Key Players:

HeartSine, Hologic, PhysioControl, Cooper Surgical, GE Healthcare, Sorin Group, Schiller AG, Zoll Medical, Philips, and Cardiac Science.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Portable Medical Devices market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Critical Questions Answered in the Report

What are ongoing trends that will shape market growth curve for global Portable Medical Devices market?
What are the drivers and challenges affecting the Portable Medical Devices market demand?
What are the recent technological advancement in the Portable Medical Devices market?
What are key trends and opportunities that will prevail the revenue growth of Portable Medical Devices market players?
How will evolving regulatory policies impact the market growth?
What is the impact of Covid-19 on the Portable Medical Devices market?

Portable Medical Devices Market: Segmentation

Cardiac Monitor Devices-
Holter Monitors
ECG Monitoring Devices
Hemodynamic Monitor Devices-
Blood Pressure Monitors
Blood Glucose Monitors
Blood Gas Monitors
Respiratory Monitoring Devices-
Pulse Oximeters
Continuous Positive Airway Pressure (CPAP)
Medical Therapeutic Devices-
Programmable Syringe Pumps
Infusion Pumps
Dialysis Machine
Anesthesia Delivery System
Diagnostic Devices-
Endoscope
Ophthalmoscope
Digital Thermometers
Hearing Aids

The Portable Medical Devices market research gets rid of the following queries:

How the market for Portable Medical Devices is expected to shape in the coming ten years?
What strategies are the Portable Medical Devices market vendors implementing to stay ahead of their rivals?
Why are consumers shifting towards alternative Portable Medical Devices products?
What innovative technologies are the Portable Medical Devices players using to get an edge over their rivals?
What are the restraints affecting the growth of the global Portable Medical Devices market?

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Reasons to Buy the report :

We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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
A competitive analysis of prominent players and emerging players in the Portable Medical Devices market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Ovulation Microscope Market Outlook, Trends, Forecast of Top Countries 2020-2028

Ovulation microscope is personal microscope which allow to predict ovulation, most fertile time of the month to conceive. Such emerging technologies for home based analysis for the detection of fertility will create huge opportunity for the ovulation microscope market in the forecast period. Development of point of care ovulation detection devices such as ovulation microscope will boost the market growth in the near future. The drop of saliva to the lens of the microscope show ferning crystal like pattern if the person ovulate.

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Ovulation microscope are easy to use and reliable which predict the days of ovulation known as fertile window. Development of less expensive, reusable and single se ovulation tests will increase the demand for such devices in future. The average age of first time mother rises, there is increase in the fertility problems and hence use of ovulation microscope will be beneficial. According to Centers for Disease Control and Prevention, about 10 % of women (6.1 million) ages 15-44 have difficulty getting pregnant in the United States.

Ovulation Microscope: Market Dynamics

Development of devices which as easy to use and used in home care setting along with the less cost of devices will increase the demand of ovulation microscope in the forecast period. Increasing general awareness in the developed regions and developing region will significantly boost the ovulation microscope market in the near future. Launch of new product with new advanced technology will further spur the ovulation microscope market.

Identification of wider fertile window creates more opportunity for the ovulation microscope market to grow in the near future. Despite the increasing knowledge of the genetic causes of fertility, advancement in the diagnosis and treatment have remained relatively stagnant which might hamper the ovulation microscope market growth in the near future.

Ovulation Microscope: Overview

Increasing focus on the development of new devices and treatment method to increase the pregnancy rate with infertility disorder will drive the market growth of ovulation microscope in the forecast period. Increasing prevalence of disorder related to pregnancy and increasing awareness programs will increase the demand for saliva based ovulation microscope. Increasing demand of point of care testing and relatively low cost will significantly boost the ovulation microscope market in forecast period. Growing potential of point of care testing to improve healthcare in developing and developed regions will grow the market in near future.

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Ovulation Microscope: Region-wise Outlook

On the basis of geography, the global ovulation microscope market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. The North America market for Ovulation Microscope holds the largest revenue share, due to more number of key players and new players entering into ovulation microscope market along with the increasing cases for infertility and growing awareness.

Europe accounts for the second large revenue share in the global ovulation microscope market, owing to increasing development of technologically advanced products and rising adoption of ovulation microscope. Asia Pacific is expected to witness rapid growth in the ovulation microscope market, owing to growing rate of infertility and rising demand for fast and independent test with accuracy in developing countries such as India.

China is expected to register significant growth in the ovulation microscope market, due to presence of local players in point of care testing products markets. Latin America and Middle East & Africa are projected to exhibit slow growth in Ovulation Microscope market, owing to lack of R&D labs and slow adoption for new technology.

Ovulation Microscope: Key Players

Examples of some of the key manufacturer present in the global ovulation microscope market are Geratherm Medical AG, Fairhaven Health, LLC, Dual Core B.V., Hangzhou Sejoy Electronics & Instrument Co. ltd., among others.

The report covers exhaustive analysis on,

Ovulation Microscope Market Segments
Ovulation Microscope Market Dynamics
Historical Actual Market Size, 2012 – 2016
Ovulation Microscope Market Size & Forecast 2016 to 2024
Ovulation Microscope Market Current Trends/Issues/Challenges
Competition & Companies involved
Ovulation Microscope Market Drivers and Restraints

Regional analysis includes

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

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Ovulation Microscope: Segmentation

The global ovulation microscope market is segmented on basis of tools, application and geography.

Segmentation by Distribution Channel

Hospitals pharmacies
Retail Pharmacies
Drug Stores
E-Commerce

Report Highlights:

Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

Ban on Steel Scrap Imports Steers Direct Reduced Iron (DRI) Demand; Global Market Value Pegged at US$ 17 Bn Through 2030

Direct reduced iron (DRI) has recently emerged as a quality supplement, in place of scrap steel, among steel making companies. Increasing steel production capacities, heightened awareness about CO₂ emission control among steel producers, and accelerating demand for high-quality steel from end users continue to drive DRI consumption in global market. According to a recent report published by Future Market Insights (FMI), the global DRI market is projected to reach revenues worth US$ 17 Bn by 2030 end, with growth projected at an impressive CAGR between 2020 and 2030.

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While increasing steel production capacities in China, India and some Middle Eastern countries account for the amplifying DRI demand, the COVID-19 pandemic has led to disruptions across end-use industries, thereby impeding demand for steel. Ban on steel scrap imports are significantly steering sales of DRI amid the global coronavirus outbreak. Surplus supply, and low demand and high storage volumes will result in considerably falling steel production in near term, ultimately affecting the demand for DRI.

Manufacturers based in the Middle East are aggressively expanding their DRI production capacities in response to the growing steel demand within region. This would help the regional industry reduce its dependence on imports and emerge as self-reliant in terms of raw material procurement.

Key Takeaways from DRI Market Study

Gas-based production process to remain as the go-to option among manufacturers, especially in North America, Europe and Middle East, due to lower natural gas prices
Coal-based production is dominated by India, which accounts for almost 80% of the DRI produced through coal-based process
Pellets are the most preferred among DRI form type, as they are easy to transport, have better reactivity and are cost effective than lumps
Over the recent past, DRI imports have been witnessing a steady rise despite facing stern competition from hot briquetted iron (HBI); the latter has low reactivity and is subject to lower transportation costs
Vertical integration strategies adopted by steel manufacturers to produce DRI at their own facilities would remain an impending trend in the near future

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DRI Market: Key Participant Insights

While DRI will not replace scrap steel as the primary raw material for steel production, it is projected to be utilized as a key ingredient and in higher proportions. In addition, the growing demand for high quality steel products is further expected to drive DRI demand. Most of the leading tier-1 manufacturers in the DRI market, like ArcelorMittal, SIDOR, Jindal Steel, Mobarakeh Steel and Nucor, use most of their production for captive consumption and the rest for exports to major steel manufacturers around the world. Capacity expansions are also one of the primary focus of the globally leading manufacturers to stay ahead of the competition.

Know More About FMI’s DRI Market Report

A new market study by Future Market Insights (FMI) on the global Direct Reduced Iron (DRI) market provides deep dive analysis into DRI production and consumption trends on a global level as well as country level. The study gives in-depth analysis into market trends for DRI through four different segments- form, application, production process and region. The DRI research report also offers key insights into DRI cost structure analysis, BEP analysis, DRI transportation costs, DRI production costs, profit per ton analysis, export hotspots and trade routes, import/export trends and probable list of customers.

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About Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

For additional insights on how the market growth will unfold over the period of projection, write to the analyst at press@futuremarketinsights.com

Battery Operated Lights Market Trends 2022 | Segmentation, Outlook, Industry Report to 2029 : FMI

This Battery Operated Lights 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 Battery Operated Lights market.

Battery operated lights are the efficient option of lighting that do not need direct wiring. Battery operated lights often considered as energy efficient lights with simple installation and set-up process. These lights can be used inside home to illuminate or can be used in stairs or outside area of the house. There is also significant usage can be seen in commercial places or shops. These lights are portable, easy to install at any place which is the primary reason for its popularity. Battery operated lights also used as permanent and temporary lighting. Some battery operated lights which are fixed or mounted on wall or ceiling are permanent and lights are used as seasonal or festive lights which are temporary lights. The demand for battery operated lights are growing due to its energy efficiency, portability and easy installation. Technological advancement in lighting sector also helps in demand generation for battery operated lights. These lights can be used in home, office, car, camper etc. LED lights are primarily used in most cases for battery operated lights. The wireless battery operated lights are now in trend and attracts the attention of consumers in the lighting category. Growing demand for wireless technology has also give a boost to the wireless battery operated light segment.

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Battery Operated Lights Market: Regional Outlook

The battery operated lights market is expected to perform a steady growth across all the geographies during the forecast period. Use in residential and commercial segments are likely to push the sales of battery operated lights market. Moreover, availability on e-commerce sites also drive the sale of battery operated lights. North America and Europe holds a significant share of battery operated lights market due to better technology infrastructure, growing awareness about energy efficiency, government’s initiative and incentive schemes drive the battery operated lights market in developed regions. Government’s offer on incentives and rebate scheme on replacement of traditional lamps with LED products further boost the battery operated lights market. The federal government of United Sates offers this number of incentives and government rebates while Europe has also taken initiative as Europe 2020 plan as European Union’s energy policy. Emerging countries such as China, India have larger population in comparison to other countries. China’s Elcoma visison 2020 and India’s UJALA scheme are the initiatives taken in this way. These initiatives or approaches to promote LED lighting further boost the battery operated lights market.

Battery Operated Lights Market: Key Players

Some of the key players operating in the global battery operated lights market Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others

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Battery Operated Lights Market: Market Segmentation

The battery operated lights market is segmented into different parts based on the technology, product price, end use, and sales channel.

On the basis of technology, the global battery operated lights market has been segmented as –

Fluorescent
Incandescent
LED

On the basis of pricing, the global battery operated lights market has been segmented as –

High Range
Mid-Range
Economical

Based on end use, the global battery operated lights market is segmented into:

Residential
Commercial

On the basis of the sales channel, the global battery operated lights market has been segmented as –

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Independent Small Stores
Multi-Brand Stores
Online

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Wet Wipes Market Are Expected To Cross US$ 8.0 Bn By 2031, Growing At A CAGR Of 7.6% Between 2021 2031: FMI

[250 Pages Report] The Wet Wipes Market revenue totaled US$ 3.7 Bn in 2021, according to Future Market Insights (FMI) study. The overall sales of wet wipes are expected to cross US$ 8.0 Bn by 2031, growing at a CAGR of 7.6% between 2021 2031.

With increasing awareness about health and hygiene, implementation of various healthcare management programs, increasing number of wet wipes manufacturing companies, availability of variety of wet wipes options, coupled with increasing investments in technological advancements, sales are expected to improve at an accelerated pace.According to a recent study by Future Market Insights (FMI), the sales of wet wipes are expected to top US$ 3.7 Bn in 2021, growing at a CAGR of over 7.6% during the forecast period (2021-2031).

Increasing health-care related issues and the rising prevalence of infectious diseases and skin-related problems have increased concerns among general population. As a result, awareness with regards to the adoption of personal care and hygiene practices is at all time high.

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Regular usage of sanitizer, wet wipes, and tissues for cleanliness and maintaining proper hygiene has positively affected the wet wipes market. With various wet wipes options available in the market, catering to diverse purposes such as incontinence wet wipes- for urinary incontinence, sterile wound cleansing wet wipe- for cleaning wounds, and skin care wet wipe- for regular use; growth prospects for future remains optimistic.

Traditionally, products such as soap, face wash, cleansing milk, and others which are already available in the market have been in use for personal hygiene for generations. But factors such as easy handling, convenience while travelling, achieving cleanliness of hand and face without using water have buoyed consumer inclination in favor of wet wipes.

Companies specializing in wet wipes have been focusing on developing more innovative products such as fragrance- filled wet wipes, environment-friendly, and biodegradable wet wipes and using wood pulp and cotton to avoid harmful effect on sensitive skin.

Government as well as private companies are involved in specialized marketing campaigns to address the need for wet wipes. Furthermore, mergers, acquisitions and collaboration are undertaken by companies to increase the product portfolio as well as reach. All these factors are expected to create demand for wet wipes.

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Key takeaways from Wet wipes Market study

By product, incontinence wipes constitute the most lucrative segment in terms of revenue. The demand for incontinence wipes is expected to increase at a CAGR of over 7% 2021-2031.
By disposability, non-flushable wipes segment will hold a revenue share of around 75% in 2021 and is expected to follow the similar growth trend in the future.
By application, skin care wipes segment holds the largest share and will continue to dominate this segment in the forecast period.
In terms of end user, hospitals are leading the market and are expected to gain more than 25% of revenue share over the forecast period.
North America will dominate the global wet wipes market in terms of revenue in 2021, followed by Europe region.
India is dominating the South Asia wet wipes market, accounting for nearly 29% of global market share in 2021.
China holds leading position in East Asia and is expected to account for nearly 40% of market share.

“Steered by changing consumer preference, market players are rethinking sources of materials used for wet wipes manufacturing. Their focus is shifting towards more sustainable and biodegradable options to reduce the burden of wet wipes disposal on the environment. This will present attractive opportunities for growth of the market in the near future,” said a lead FMI analyst.

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Who is winning?

Some of the leading manufacturers of wet wipes are focusing on innovative product launches, specialized marketing campaigns, mergers, acquisitions and partnership strategies, thereby enhancing their market presence.

In February 2018, Procter & Gamble Co. announced the acquisition of Snowberry, a New Zealand-based skincare company which specialized in natural ingredient products.
In August 2020, Kimberly-Clark’s brand Pull-Ups launched a product, New Leaf. Pull-Ups® New Leaf is made with plant-based ingredients like sugarcane and fluff pulp, carefully selected and crafted to provide the high level of protection.
In February 2018, Stryker completed the acquisition of Entellus Medical, a medical technology company and strengthen Stryker’s personal care product portfolio.

The key market players covered by FMI include Essity Aktiebolag (publ), Kimberly-Clark, Procter & Gamble, Cardinal Health, Medtronic, Stryker, Coloplast, Hindustan Unilever Ltd., Medline Industries Inc., ConvaTec Inc., The Himalaya Drug Company, Domtar Corporation, Johnson & Johnson Private Limited, Hollister Incorporated and Godrej Consumer Products Limited.

Tablets And Capsules Packaging Market: Global Industry Analysis and Opportunity Assessment 2016-2026 : FMI

Global tablets and capsules packaging is defined as an assembly of different material or components which covers the tablet and capsule from the time of production until its use. The Packaging of capsules and tablets is a broad and multifaceted task. Tablets and capsules need speedy and reliable packaging solutions which could deliver a combination of quality, product protection, tamper evidence and security needs. Constant innovations and developments in tablets and capsules have a direct impact on global tablets and capsules packaging market.

Demand for product differentiation, growing requirement of handiness among the customers and improved environmental factors are expected to drive the global tablets and capsules packaging market. Circulation of tablets and capsules is now more global than ever. Sustainability and various environment issues will act as a subjective dimension for many new packaging designs in the global tablets and capsules packaging market. The Packaging of tablets and capsules is a continuous emerging science and can act as success contributor pharmaceutical industries.

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The growth of pharmaceutical industry worldwide is driving the packaging market and thus in turn escalating the demand for global tablets and capsules packaging market. In addition to this various government initiative in many countries to boost healthcare is likely to drive the global tablets and capsules packaging market. Creative collaboration between packaging and delivery system manufacturers and drug manufacturers can act as a strong growth factor for the pharmaceutical companies during the forecasted period.

It has been observed that the global tablets and capsules packaging market have opportunities in terms of technology. The improved safety, protection and security provided by the new advanced packaging methods are one of the major trends upcoming in global tablet and capsules packaging market.

In terms of geography, the global tablets and capsule packaging market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa.The global tablets and capsule packaging market are expected to register healthy CAGR during the forecast period. Asia Pacific is anticipated to be the dominant market for global tablets and capsule packaging market followed by North America and Europe. Growing population demands for medicines in Asia Pacific region is driving the tablets and capsules packaging market.

Tablets and Capsules Packaging Market: Key Players

Some of the key players in the global tablets and capsule packaging market are Trividia Manufacturing Solutions, Inc., Paragon Labs, ACG PHARMAPACK PRIVATE LIMITED etc.

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 done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

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The report covers exhaustive analysis on:

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

Regional analysis includes

North America
Latin America
Europe
Asia Pacific
Middle East and 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 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 factors on market segments and geographies.

Tablets And Capsules Packaging Market

Based on the type of tablet and capsules the global packaging tape market is segmented into:

Coated tablets
Sugar coated tablet
Enteric coated tablet
Uncoated tablet
Chewable table
Lozenge tablet
Sublingual tablet
Soluble tablet
Soft gelatin capsules
Hard gelatin capsules
Consumer Goods
Others

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

High Density Polyethylene (HDPE) Bottles Market to Remain Dormant in Near Term, Projects FMI 2022 – 2028: FMI

[294 pages Report] The global HDPE bottles market is valued at USD 55.8 Billion in 2022 and is expected to reach USD 67.2 Billion by 2028, at a CAGR of 3.1% from 2022 to 2028.

High density polyethylene (HDPE), one of the most durable and versatile forms of thermoplastics, is gradually gaining the title of a preferred packaging material at a sluggish pace. While the top sought attributes of HDPE include high strength-to-density ratio, weatherproof nature, chemical resistance, lightweight characteristics, and economical price point, it more importantly meets the FDA and USDA standards that are mandatory especially in case of the use of HDPE bottles in food and beverages sector.

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Projected to cross the US$ 50 billion mark in 2019, the global revenue of HDPE bottles landscape is likely to expand gradually year on year. As explained in a new research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive growth over the next few years; however, increasing inclination towards adoption of HDPE as a raw material over conventional thermoplastics is likely to be witnessed.

High Recyclability Accounts for Growing Popularity of HDPE Bottles

Low quantity chemicals as well as drugs used for household or OTC applications are generally packaged in HDPE bottles. A widely preferred container for chemical products, HDPE bottles are highly recyclable. As the recycling process is relatively less complicated and more efficient, packaging manufacturers are gradually inclining towards HDPE as a raw material for packaging a range of products. Being one of the most considerate and least permeable packaging formats, HDPE bottles are likely to find widening applicability in packaging.

Asia Pacific Secures the HDPE Production Hub Title for Manufacturers of HDPE Bottles

Asia Pacific, especially China, has been contributing significantly to the global HDPE production capacity over the years and according to FMI’s study, APAC remains a significant HDPE producer in the near future. North America and Europe also stand important in sustaining the HDPE production scenario, whereas the report indicates promising performance of the Middle Eastern & African region.

HDPE Bottles Find Growing Applications in Personal & Home Care Products and Cosmetics

HDPE bottles are prominently used in the F&B, automotive, personal care & hygiene, and household care segments. Besides F&B, pharmaceuticals also register a decent rate of adoption of HDPE bottles owing to being reliable in terms of safety of packaged food and beverage products. The study points to dramatically growing per capita expenditure on personal care and beauty products worldwide, especially in developing economies. Escalating sales of bath and shower products, dermatological products, and essential toiletries are translating into increasing volume sales of HDPE bottles.

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Globally, over 100,000 HDPE bottles are expected to be sold by this year’s end. Growing consumer spending power is playing a vital role in popularizing the usage of HDPE bottles among packaging companies serving the personal care and cosmetics industry. Moreover, the widening expanse of Ecommerce is encouraging demand for HDPE bottles for a plethora of products across industries.

Is Recycled HDPE the Sustainable Solution to Cost Optimization?

With an emerging alternative of recycled HDPE bottles, manufacturers are striving to reduce dependency on the prices of raw materials. While high raw material cost has been a longstanding factor suppressing wide adoption of HDPE bottles for packaging, manufacturers are gradually opting for the usage of recycled HDPE material for manufacturing HDPE bottles. Unilever recently launched recycled HDPE bottles of a few recognized Australian brands selling personal and home care products, in ANZ. The brands involved are Dove, Sunsilk, Surf, OMO, and TRESemmé.

HDPE Bottles Market by Category

By Cap Type:

Screw Closures
Snap Closures
Push-Pull Closures
Disc Top closures
Spray Closures
Dispensers
Dropper

By Bottle Capacity :

Less than 30 ml
31 ml – 100 ml
101 ml – 500 ml
501 ml – 1Lt
Above 1Lt

By Visibility:

Translucent
Opaque

By Neck Type :

Narrow Mouth Bottles
Wide Mouth Bottles

By End-user Industry Type :

Food & Beverages
- Dairy Products
- Juices
- Others
Chemical
- Agro Chemicals
- Industrial Chemicals
- Lubricants & Petrochemicals
Specialty Chemicals
Pharmaceuticals
Personal Care & Cosmetics
Homecare & Toiletries

By Barrier Type:

Low-barrier Bottles
High-barrier Bottles
- Fluorinated Bottles
- Polyamide (PA) Layer Bottles
- Ethylene Vinyl Alcohol (EVOH) Layer Bottles

By Region :

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East and Africa (MEA)
Japan

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Leading packaging manufacturers are prominently focusing on developing sustainable HDPE packaging solutions to meet stringent regulatory standards set by governments of various countries. However, as the pricing volatility prevails in the HDPE bottles landscape, it is most likely to pose a negative influence on the future of HDPE in packaging. The HDPE bottles market analysis by FMI offers deeper insights on how superior material alternatives such as PET and LDPE are restricting rapid penetration of HDPE bottles. For a closer look at the global HDPE bottles landscape, write to the team of expert market research analysts at press@futuremarketinsights.com