Soil Stabilization Materials Market is expected to reach close to US$ 15 Bn by the end of the forecast period 2018 – 2028

Future Market Insights presents a detailed analysis and delivers key insights on the global soil stabilization materials market in its latest report titled “Soil Stabilization Materials Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028”. The long-term outlook of the global soil stabilization materials market remains positive with the soil stabilization materials value pegged at over US$ 15.7 Bn in 2018. It is expected to reach US$ 29 Bn by the end of 2028, growing with a healthy CAGR of 6.6%. Among the segments by material type, the minerals & stabilizers segment is estimated to hold a dominant share in terms of value over the forecast period. Under the minerals & stabilizers segment, the lime sub-segment is expected to be at the forefront throughout the forecast period. However, the polymer segment is expected to grow with a relatively higher CAGR, with significant growth in value share. Among all regions, China is expected to dominate the global soil stabilization market throughout the forecast period with a healthy CAGR of 7.0%.  In this report, FMI sheds light on the drivers and restraints expected to impact the global soil stabilization materials market during the forecast period.

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Soil Stabilization Materials Market: Dynamics

The global soil stabilization materials market is expected to witness robust growth during the forecast period, mainly driven by the rapidly growing construction industry. Rapid population growth and escalated urbanization have boosted the building and construction industry in developing countries.  Also, the increasing demand for sustainable infrastructure and increasing need for efficient road transportation to facilitate effective global & international trade are expected to surge the soil stabilization materials market across the globe. Increasing governmental focus on infrastructural development and rising investments in real estate have surged the growth of the construction sector. Increasing infrastructural investments by governments across Asia Pacific, North America and Western Europe are expected to lead to an increase in the number of roads, railways, bridges, pathways, etc., which in turn will escalate the soil stabilization materials market. Also, the increasing need for high agricultural productivity and the rising demand for high agricultural yield are pegged to boost the demand for soil stabilization materials from the agricultural sector. Also, other end-use applications such landfilling and increasing sports activities due to the growing attention towards sports are slated to ramp up the consumption of soil stabilization materials.

Soil Stabilization Materials Market: Segmentation Analysis

The global soil stabilization materials market has been segmented on the basis of application type into industrial, non-agriculture and agriculture.

  • On the basis of application, the industrial segment is estimated to dominate the global soil stabilization materials market in terms of value over the forecast period
  • Under the industrial segment, the roads and runways sub-segment is expected hold the lion’s share in terms of value and grow with a significant CAGR of 7.2%

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Soil Stabilization Materials Market: Regional Forecast

From a regional perspective, China, North America and Western Europe are expected to collectively account for over a 70% value share in the global soil stabilization materials market. All the regions are expected to witness sound growth, except Japan, which is expected to exhibit slow growth with a CAGR below 5%.  Regions such as North America and Asia Pacific are expected to register significant growth with CAGRs above 7%. The growth of the construction industry across the globe and the launch of new governmental projects in developing and developed economies are projected to drive the demand for soil stabilization materials.

Soil Stabilization Materials Market: Competition Landscape

Some of the key players identified during the study of the global soil stabilization materials include Graymont Limited, Carmuse, Low & Bonar PLC, Tensar Corporation, Boral Limited, Adelaide Brighton Limited, Sibelco Australia Ltd., Ube Industries, Ltd., Lhoist and Thrace Group, among others.

Soil Stabilization Materials Market: Segmentation

Material Type

  • Polymers
  • Minerals & Stabilizing agents
  • Portland Cements
  • Lime
  • Fly-Ash
  • Others
  • Others
  • Agriculture Waste
  • Sludge & Slag
  • Salts

Applications

  • Industrial
  • Roads, Runways
  • Landfills
  • Non Agriculture
  • Sports
  • Residential
  • Others
  • Agriculture

Region

  • North America
  • Western Europe
  • SEA & Other APAC
  • Latin America
  • Eastern Europe
  • MEA
  • Japan
  • China

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Key questions answered in the report

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

For more insights on the soil stabilization materials market, write in to Future Market Insights analysts at press@futuremarketinsights.com

 

Hexylene Glycol Market Insights, Deep Analysis of Key Vendor in the Industry Forecast to 2029

Hexylene glycol is witnessing high demand in the personal care and cosmetics industry, since it is used as a surfactant, emulsifier, and viscosity reducing agent in several products. Moreover, growing utilization of hexylene glycol as a direct solvent in paints & coatings, household and industrial cleaners, etc., is expected to pave the way for decent sales during the forecast period (2019-2029).

The global hexylene glycol market was valued at around US$ 187 Mn in 2018, with a market volume of 73,590 tons.

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Key Takeaways from Global Hexylene Glycol Market Study

  • Pharmaceutical and industrial-grade hexylene glycol is likely to be sought-after in the future, owing to the growth of pharma and construction industries.
  • Demand for printing inks is rapidly increasing due to rapid growth of the packaging industry. This factor will drive the growth of the hexylene glycol market, owing to its application in the formulation of printing inks.
  • Growth prospects are high in emerging markets such as India and Indonesia. Companies are focusing on different strategies in order to ensure good presence in both, emerging and matured markets. Since there are limited opportunities for hexylene glycol manufacturers in developed regions, manufacturers are focusing on emerging markets to capture a larger market share.
  • East Asia, South Asia, and North America are expected to be prominent regions over the forecast period, owing to the presence of a large number of tier II & III players in East Asia and tier I players in North America.

“Low evaporation rate and complete miscibility with water make hexylene glycol an excellent solvent. As a result, its application across several end-use industries is projected to rise, driving market growth over the forecast period.”

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Hexylene Glycol Market: Competitive Landscape

The hexylene glycol market is fairly consolidated. Global players such as BASF SE, Solvay SA, Dow DuPont, and Lonza Group have invested strategically in the hexylene glycol market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with expansion of production capacity and footprint, remains the key strategy being followed by hexylene manufacturers to enhance productivity and capture new market opportunities.

North America Holds Noteworthy Share

North America is anticipated to hold a prominent share of the global hexylene glycol market, owing to increasing demand from the paints & coatings industry. Another key factor driving growth of the hexylene market in North America is the focus of manufacturers on customization of products as per specific applications. Hexylene glycol is also prominently used as an antifreeze agent in North America, which is bolstering its sales in the region.

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Looking for More Information?

The market report on hexylene glycol published by Future Market Insights brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data of 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global hexylene glycol market based on various categories – grade (pharmaceutical and industrial), application (solvents, chemical intermediates, antifreeze, and others), and end use (construction, drugs, paints & coatings, chemicals, oil & gas, leather & textiles, and others), across seven regions. This study highlights key market players who are well-known vendors and have proven themselves as key shareholders in the global hexylene glycol market. Some of the market players included in the report are BASF SE, Solvay SA, Dow DuPont, Lonza Group, LANXESS, and Arkema, among others.

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Controlled and Slow Release Fertilizers Market is expected to reach US$ 10.1 Bn by the end of 2028, Says FMI Analyst

FMI presents detailed analysis and delivers key insights on the global controlled and slow release fertilizers market in its latest report titled ‘Controlled and Slow Release Fertilizers Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028’. The long-term outlook on the global controlled and slow release fertilizers market is positive with the controlled and slow release fertilizers market pegged at a value of US$ 4,791 Mn in 2018. It is expected to reach US$ 10,222.4 Mn by 2028 end, growing at a value CAGR of 9.1%. Among the segments by type, the encapsulated/coated controlled and slow release fertilizers segment is expected account for the lion’s share in terms of value and volume over the forecast period. The encapsulated/coated controlled and slow release fertilizers segment is expected to expand at a relatively higher CAGR. Among regions, Asia Pacific excluding Japan (APEJ) is anticipated to retain its dominance throughout the forecast period while growing at a rate of 11.1% from 2018 to 2028. In this report, FMI throws light on the drivers and restraints likely to impact the controlled and slow release fertilizers market during this period.

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Global Controlled and Slow Release Fertilizers Market Dynamics

Market insights suggest that the global controlled and slow release fertilizers market will witness high growth during the forecast period, which can be attributed to the growing population and decreasing agricultural land. Growing food consumption and increasing need for effective fertilizers are pushing the market for controlled and slow release fertilizers. The need for higher output with fewer resources is the driving the development of new technologies in the agricultural industry. With the use of conventional fertilizers, it is not possible to satisfy the growing demand for food. The use of slow and controlled release fertilizers improves the yield and saves labour. New developments such as increase in the longevity and performance of coated fertilizers are pushing the market for controlled and slow release fertilizers in agricultural as well as commercial applications. The slow release of nutrients allows fertilizers to last longer and thereby increase fertilizer performance, which is driving the demand for controlled and slow release fertilizers.

Urea reaction products also accounted for a significant share of the controlled and slow release fertilizers market; however, the increasing popularity of encapsulated coated fertilizers is expected to dominate the urea reaction product segment during the forecast period. The superior longevity of encapsulated/coated products as compared to that of urea reaction products is expected to push the growth of the encapsulated/ coated segment during the forecast.

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Global Controlled and Slow Release Fertilizers Market Segmentation Analysis

The controlled and slow release fertilizers market has been segmented on the basis of application into agricultural, commercial lawn and turf and others.

  • On the basis of application, the agricultural segment is anticipated to dominate the controlled and slow release fertilizers market in terms of value and volume over the forecast period
  • The agricultural segment is also projected to grow at a relatively higher CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 3,863 Mn between 2018 and 2028 in the global controlled and slow release fertilizers market

Global Controlled and Slow Release Fertilizers Market Regional Forecast

Regionally, APEJ accounted for over 47% of the global controlled and slow release fertilizers market value while North America accounted for the second largest share in the controlled and slow release fertilizers market. APEJ is projected to be the fastest growing region with a CAGR of 11.5% during the forecast period. Large population base and rapid population growth, improving economic conditions, change in eating habits and increasing food consumption are some of the important factors driving the demand for controlled and slow release fertilizers.

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Global Controlled and Slow Release Fertilizers Market Competition Landscape

The report highlights some of the top companies operating in the global controalled and slow release fertilizers market, including Kingenta Ecological Engineering Group Co. Ltd., Israel Chemicals Ltd (ICL), Yara International ASA, Agrium Inc., Haifa Chemicals Ltd., Koch Fertilizer LLC and Aglukon Spezialduenger GmbH & Co. KG., among others.

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Calcite Market Trends 2022 | Segmentation, Outlook, Industry Report to 2031

The growing demand for building or structure safety measures across residential, commercial and industrial sectors are key factors driving the global calcite market. According to a study by Future Market Insights (FMI), calcite sales will continue rising in response to increasing industrial applications and rising construction activities. According to FMI, the market will surpass US$ 15.14 Bn by 2021.

The demand for ground calcium carbonate or GCC calcite will remain significantly high. It is expected account for over 60% of calcite sold globally in 2021. Increasing demand for cement has resulted in significant growth in demand for calcite. Besides this, the demand from paper and pulp industry will enable the market exhibit consistent growth through the forecast period.

The global calcite market is anticipated to grow owing to the increasing investment towards residential and commercial construction. Besides this rapid urbanization will pave way for the expansion of the market. This is especially true in case of developing countries in the East. Following temporary period of sluggish growth amid COVID-19, construction sector revival is on cards for countries such as India and China.

According to the Invest India, the construction industry in India is expected to record a CAGR of 15.7% by 2022. Considering this, India will continue presenting lucrative growth opportunities for the market through the forecast period.

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Key Takeaways of Global Calcite Market Study

  • The U.S. will account for over 80% of the North America calcite market in 2021
  • The overall value of the calcite market in the U.K. will surpass US$ 560 Mn in 2021
  •  France and Germany will remain lucrative markets for calcite backed by increasing construction activities
  • Surging investment in infrastructural development will continue fuelling demand in Japan and South Korea

“As a result of operating in a highly competitive environment, market players have been focusing on product improvement and launches as key strategies to gain competitive edge. Besides this, some of them are seeking out strategic collaborations to expand their footprint as well as product portfolio” says a lead FMI analyst.

Market Landscape Continues to Remain Moderately Fragmented

The global calcite market has been identified as a significantly fragmented market with an unorganized sector occupying major section. The Tier 1 manufacturers account for maximum share in the global market. Some leading players included in the report are Imerys S. A.,  Omya AG, J. M. Huber Corporation, Minerals Technologies Inc. and Gulshan Polyol Ltd. Tier 2 manufacturers such as ASEC Company for Mining,  Esen Mikronize A.S,  Wolkem India Ltd., Shandong CITIC Calcium Industry Co., Ltd. and Tier 3 manufacturers such as Columbia River Carbonates, Jay Minerals, Golden Lime Public Co., Ltd., Longcliffe Quarries Ltd., Vietnam CMT Joint Stock Company, Mississippi Lime Company and many regional players’ manufacturers across the globe are anticipated to create tough competitive environment on the global level.

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How is Calcite Sale Affected by Applications in Construction Industry?

The growth in the construction industry is expected to have high impact on the demand for calcite in the building materials market. The demand for building materials is increasing due to the ongoing constructions activities in both commercial and residential sectors. The cement production has been increasing significantly in recent years owing to the high investment in infrastructure development activities.

This has emerged as a chief factor fuelling the demand for calcite in countries such as China, UAE, Saudi Arabia, India, and others. Thus, the increasing use of building materials and cement in these countries will significantly affect calcite market growth

Want to Know More?

Future Market Insights, in its new report, offers an unbiased analysis of the global calcite market, analysing historical demand from 2016-2020 and forecast statistics for 2021–2031. The study reveals growth projections on the calcite market on the basis of type (GCC and PCC), by size (coarse and fine), and by applications (pulp & paper, polymer & plastic, paints & coatings, cement, adhesives & sealants, and agriculture) across key regions (North America, Latin America, Europe, South Asia & Pacific, East Asia, Middle East and Africa)

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About Future Market Insights (FMI)

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

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Fly Ash Bricks Market Research Report 2022 – Global Forecast till 2026

Fly ash bricks as the name signifies, is made from fly ash generated from the thermal power stations along with lime and gypsum. Pulverized fuel ash is called fly ash and is mostly generated from thermal power stations where it is generated by burning of coal. The fly ash bricks requires almost 25-30% less cement or motor. These bricks are made from machines, hence, they are uniform in shape and size and can be easily arranged in symmetrical structures providing immense strength and bonding. The outside cement wall plastering is not required in case of fly ash bricks as they are grey and have smooth and uniform texture and these bricks absorb significantly less water. These are much lighter in weight as compared to conventionally used red bricks thereby reducing the transportation and dead building costs. Moreover, fly ash bricks do not require firing which is an important manufacturing step for the red bricks and therefore does not contribute to environmental pollution.

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Global Fly Ash Bricks Market: Regional Outlook

The global fly ash bricks market is anticipated to be dominated by Asia Pacific region. China and India are projected to witness significant growth rate over the forecast period, owing to the investments and growing construction spending which has led to rapid industrial and infrastructural developments. North America and Europe are projected to hold significant share in the global fly ash market. However, the regions are projected to witness relatively moderate growth owing to the stringent policies and regulations for the harmful effect of fly ash and the decrease in raw material availability due to decreasing number of thermal power plants.

Global Fly Ash Bricks Market Participants

Some of the market participants identified across the value chain of global Ballast Tank Corrosion Inhibitors market are:

  • Boral Limited
  • EMEX S.A.B. DE C.V
  • Pavcon
  • Nuvoco Vistas Corp Ltd.
  • LafargeHolcim
  • Jayem Manufacturing Co.
  • MR Enterprises
  • Puzzolana Green Bricks
  • Jebajeyam Brick Company
  • Paul Bricks
  • Pyramid Chemicals (P) Ltd
  • HansonDoha
  • NCL Group

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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Global Fly Ash Bricks Market Segmentation

The global fly ash bricks market can be segmented on the basis of product type, application and region

On the basis of product type, the global fly ash bricks market can be segmented as:

  • Class F Fly ash
  • Class C Fly Ash

On the basis of end use sector, the global fly ash bricks market can be segmented as:

  • Infrastructural
  • Industrial
  • Residential

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.

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About Future Market Insights (FMI)

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

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Ceramic Frit Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

Ceramic frit is a composition of multiple raw materials, mostly of inorganic origin, and is produced by melting and quenching in water. Ceramic frit compounds are vitreous and water insoluble. Ceramic frit is fused in a special oven, and granulated into powder form after being cooled and quenched in water. Ceramic frit is a key component used in the compounding of ceramic glazes and enamels. There a various benefits of using ceramic frit in glazes and enamels. Ceramic frit serves the purpose of rendering insolubility to soluble materials in a glaze mixture. This provides protection against bloating and warping and compromising the glaze’s homogeneous nature. The process of “fritting” using ceramic frit compositions reduces or completely negates the harmful effects of toxic raw materials. Ceramic frit helps protect workers and improve process safety by decreasing the toxicity of raw materials. For example, lead being a part of raw materials creates dangers of poisoning and toxicity for ceramic workers.

However, lead ceramic frit decreases the overall toxicity of raw lead. Moreover, ceramic frit has much better consistency for glaze production compared to individual raw materials, who may have significantly different chemical and physical properties. Ceramic frit is widely used in the glass industry. Manufacturing ceramic frit glass involves applying ceramic frit to the glass using methods such as screen printing. This is done before the glass is put through the process of tempering or heat strengthening. After being tempered or heat strengthened, the ceramic frit enamel fuses with the glass surface, resulting in the creation of a permanent coating. This coating is highly resistant to damage or removal by acts such as scrubbing, scratching, or cleaning etc.

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Ceramic Frit Market: Regional Outlook

The demand for Ceramic Frit is set to grow at a fast pace in the next five to ten years as the demand for high quality glass, ceramic ware, and sanitary ware and solar panels grow. Asia Pacific region is expected to be significant for Ceramic Frit market, as it is witnessing rapidly increasing demand for decorative ceramic frit glass. The region also has boasts of the largest demand for solar panels and has large scale automotive production. North America is also a large market for Ceramic Frit with a robust market for architectural decoration using ceramic frit glass. The market for ceramic frit in Europe remains steady, with stable demand patterns. China, India, Japan, US, UK, Germany, are some of the key countries to watch in the Ceramic Frit market.

Ceramic Frit Market: Market Participants

Examples of some of the market participants identified in the Ceramic Frit market include,

  • Torrecid Group
  • Fusion Ceramics Inc
  • Garibaldi Glass Inc.
  • Futura Ceramics Pvt. Ltd.
  • Compagnie de Saint-Gobain S.A.
  • Multiver Ltée
  • Supreme Glazes Private Limited
  • Tokan Material Technology Co.,Ltd.
  • Cerfrit SA
  • Color Esmalt, S.A

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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Ceramic Frit Market: Segmentation

On the basis of type, the Ceramic Frit market can be segmented as,

  • Alkaline-boron frit
  • Strontium-barium frit
  • Zinc frit
  • Magnesium frit
  • Lithium frit
  • Zinc free calcium frit
  • Boron free frit

On the basis of application, the Ceramic Frit market can be segmented as,

  • Glass and Decorative Glass
  • Abrasives & Refractories
  • Pottery Wares
  • Solar Panels
  • Sanitary ware
  • Automotive

On the basis of application method, the Ceramic Frit market can be segmented as,

  • Screen Printing
  • Spraying
  • Rolling
  • Pre-Printed Decals

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.

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-7721

About Future Market Insights (FMI)

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

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Future Market Insights,
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Digital Breast Tomosynthesis (DBT) Equipment Market size is Expected to Reach US$ 2.1 Billion in 2026

Digital breast tomosynthesis (DBT) or 3-D mammography new installations (includes new equipment and 3-D upgradation) expected to reach 4,547 units in 2016, up from 4,061 units in 2015. In terms of revenues, the global digital breast tomosynthesis equipment market is expected to reach 1,007.6 Mn in 2016, witnessing a year-over-year growth of 13.7%.

Limitations concerning the flat nature of images achieved through a 2-D full-field digital mammography (FFDM) is influencing end-users to adopt DBT equipment for diagnosis of breast cancers. Digital breast tomosynthesis enables radiologists to analyse abnormalities lucidly, helping improve detection rates while reducing callbacks. In the backdrop of these factors, demand for digital breast tomosynthesis equipment is witnessing an uptick, and the trend is expected to gain further momentum in the future.

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Sales of DBTs have remained quite robust in the US in the recent past, making North America the most lucrative market globally. The market in the region is largely dominated by Hologic, Inc. although GE and Siemens Healthineers have also registered their presence by launching innovative DBT products at competitive prices. Total DBT equipment revenues in North America were pegged at 472.8 Mn in 2015, with the U.S. accounting for bulk of revenue share. New equipment installation base in North America is expected to reach 2,327 in 2016, up from 2,066 in 2015.

In addition to North America, digital breast tomosynthesis sales are also growing steadily in Western Europe and APEJ. Revenues in Western Europe are anticipated to grow by 13.4% in 2016, whereas APEJ is expected to increase at 12.2%.

By end-users, hospitals account for higher demand for DBTs vis-à-vis diagnostic centres. Many hospitals are in the process of upgrading their existing mammography machines, owing to which demand for DBT equipment is growing at a steady rate. However, high costs, coupled with lack of awareness can impede adoption rates in both hospitals and diagnostic centres, and slow down the growth of the market globally. Installations of DBTs in hospitals totalled 3,020 in 2015, representing a market value worth 542.8 Mn.

Key players in the global digital breast tomosynthesis equipment market include

  • Hologic Inc.
  • GE Healthcare
  • Siemens Healthineers
  • Internazionale Medico Scientifica
  • Fujifilm
  • Planmed Oy.

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The top 3 players 

  • Hologic, Inc.,
  • GE Healthcare,
  • Siemens Healthineers collectively account for nearly 90% revenue share of the market.

Drivers and Trends

Risk of developing cancer is directly proportional to age. Increasing life expectancy in developing countries and adoption of unhealthy lifestyles due to rampant urbanisation and westernisation are driving incidence rate of cancer among the population in these countries. Although, incidence of breast cancer has reduced in developed countries due to several preventive measures implemented by various government and non-governmental organisations, incidence rate of breast cancer is increasing at a steady rate.

These factors are expected to increase the prevalence and diagnosis of breast cancer over the forecast period. DBT machines, with their superior sensitivity and specificity in comparison to conventional 2D mammography, reduces false positive recalls and offers better cancer detection especially, invasive cancer detection. DBT reduces the need to revisit for additional breast imaging by around 15%, thereby reducing costs, psychological distress, time and discomfort caused by a false negative recall. DBT equipment manufacturers are providing software and hardware upgrades for existing full film digital mammography systems which addresses the financial impact of buying new equipment.

Key Segments Covered

By Product type

  • DBT Equipment
  • 3-D Upgradation

By End User

  • Hospital
  • Diagnostic centres

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Key Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

India Thyroid Function Test Market revenues expected to surpass US$ 55.3 Million by 2025 

Awareness on hyperthyroidism and hypothyroidism continues to remain low in India, resulting into fewer people undergoing thyroid function tests. The India thyroid function test market will witness moderate growth in 2016, raking in 41.6 Mn in revenues, up from US$ 40.1 Mn in 2015. While high prevalence of thyroid dysfunction and government initiatives to raise awareness will continue to support growth in 2016, stagnant R&D investment in immunochemistry will impede overall momentum.

TSH will continue to be the leading test type segment in 2016, raking in US$ 25.1 Mn in revenues, an increase of US$ 1 Mn from 2015. TSH is widely recommended as a primary test for diagnosing hypothyroidism by medical experts, contributing to higher revenues vis-à-vis T3, T4, FT3, and FT4 tests.

T4 will extend its lead over T3 test type segment, witnessing a higher y-o-y revenue growth in 2016 over 2015. T4 revenues totalled US$ 4.5 Mn in 2015, and this segment is expected to add US$ 1.7 Mn in revenues in 2016.

Parameter 2015 2016
India Market 40.1 41.6
TSH Test type Segment 24.1 25.1
T3 Test type Segment 4.5 4.6
Hospitals End-use Segment 21.3 22.2

(All values are in US$ Mn)

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Hospitals will continue to be the leading end-use segment for thyroid function tests, representing revenues worth US$ 22.2 Mn in 2016, up from US$ 21.3 Mn in 2015. Hospitals will be the fastest growing end-use segment, followed by research organisations and diagnostic laboratories. Clinics will remain the smallest end-use segment in 2016, witnessing lowest growth rate vis-à-vis other segments.

Long-term Outlook: FMI forecasts moderate long-term growth for the India thyroid function test market, with global revenues expected to surpass US$ 55.3 Mn by 2025. During the period 2015-2025, the India thyroid function test market is anticipated to increase at 3.2% CAGR.

Competitive Landscape

Some of the key players covered in the India thyroid function test market report include

  • Sigma-Aldrich Co. LLC. (Merck & Co., Inc.)
  • Beckman Coulter, Inc.
  • (Danaher)
  • Siemens Healthcare GmbH
  • Abbott Laboratories

The report offers insights on the various strategies related to software development, market consolidation initiatives and analyses the various market players’ specific strengths, weaknesses, opportunities and threats.

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Drivers and Trends

The cardinal factor fuelling growth of the India thyroid function test market is high prevalence of thyroid disorders in the country. During an epidemiology study across major cities in India, Kolkata was reported to have highest prevalence of hypothyroidism (21.67%) compared to other cities. Over the past few years there have been significant advancements in the specificity and sensitivity of thyroid testing, which has impacted the treatment for thyroid disorders.

The Indian healthcare industry has witnessed significant advancements with regard to medical devices and pathological laboratory business segments. Domestic and international companies are entering into joint ventures and strategic agreements owing to increasing standardization, availability of human resources and high level of progress in medical technology.

India is witnessing various trends that are expected to bring substantial changes in the landscape of the healthcare industry in the subsequent years. Traditional health risks have been replaced by lifestyle diseases in the last two decades. Various conditions prevailing currently include hypothyroidism, cardiovascular disorders, diabetes, obesity and hypertension to name a few

Key Segments Covered

By Test type

  • TSH
  • T3
  • T4
  • FT3
  • FT4
  • Others

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By End Use

  • Clinics
  • Research Organizations
  • Diagnostic Laboratories
  • Hospitals

Wound Irrigation Systems Market is expected to grow at the fastest pace to reach a CAGR of 4.7% during the forecast 2021 – 2027

The report on the global wound irrigation systems market covers annual sales revenue generated by various market segments during the period of assessment 2017-2027. Furthermore, developments taking place in the market, various trends impacting the market and other drivers fuelling the growth of the global wound irrigation systems market are enumerated in this research. Also few challenges that are pulling market growth southward are also assessed. The research report titled “Wound Irrigation Systems Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” presents a complete high level overview of the market to the reader and supports strategic plans for future moves by portraying an accurate forecast model of the global wound irrigation systems market.

Global Market Study on Wound Irrigation Systems: Factors Impacting Revenue Growth of the Global Market

There are various aspects influencing the growth of the global wound irrigation systems market in a positive as well as in a negative manner. Factors such as increasing initiatives by healthcare facilities, availability of improved product lines for wound care, increasing prevalence of chronic wounds and increasing adoption of advanced wound care products are pushing the growth of the global market for wound irrigation systems. Factors such as relatively higher costs associated with advanced wound care products and limited awareness among the rural population are hindering the growth of the global wound irrigation systems market. The market has also witnessed few trends that are likely to define the market’s growth in the coming years. Increasing acceptance of standardised protocols to manage complex wounds and collaborative agreements between manufacturers and channel partners are few of the trends that are contributing to the growth of the global wound irrigation systems market.

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Global Market Study on Wound Irrigation Systems: Forecast Analysis

The global wound irrigation systems market is expected to grow at a slow rate to register a CAGR of 3.0% throughout the period of assessment and reach a valuation of more than US$ 300 Mn by the end of the year of assessment from a value of about US$ 230 Mn in 2017.

Global Market Study on Wound Irrigation Systems: Segmental Snapshot

The global wound irrigation systems market is segmented by product type, by wound type, by end user and by region.

  • By product type, the battery operated segment is the largest with a high market valuation. The manually operated segment, however, is gaining traction and is poised to grow at a comparatively high CAGR throughout the period of forecast
  • By wound type, the chronic wounds segment is projected to grow at a high CAGR of 3.5% during the forecast period. The acute wounds segment is likely to dominate the global market
  • By end user, the home care centres segment is expected to grow at the fastest pace to reach a CAGR of 4.7% during the forecast period
  • By region, North America is anticipated to radiate high market attractiveness throughout the forecast period. The wound irrigation systems market in Asia Pacific excluding Japan is projected to grow at a comparatively high rate during 2017-2027

Global Market Study on Wound Irrigation Systems: Competitive Scenario

The research report on the global wound irrigation systems market covers in-depth analysis on various key players participating in the market. Company overview, SWOT analysis, product portfolio, key developments and various growth strategies of major companies such as

  • Zimmer Biomet
  • Stryker Corporation
  • Centurion Medical Products
  • BSN Medical
  • Cooper Surgical Inc.
  • C. R. Bard, Inc.
  • Medtronic Plc.
  • Bionix
  • Westmed, Inc.

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Market Segmentation

The global wound irrigation systems market is segmented in detail so as to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

By Product Type

  • Manually Operated
  • Battery Operated

By Wound Type

  • Acute Wounds
  • Chronic Wounds

By End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Clinics
  • Long Term Care Centres
  • Homecare Settings

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By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa

Oral Solid Dosage Pharmaceutical Formulation Market to Reach US$ 900,000 Billion, Globally, by 2027 at 9.2% CAGR: FMI

Instead of increasing pipeline productivity for biologics and patent cliff challenges, oral solid dosage forms hold substantial opportunity in extending product lifecycle and leveraging growth potential. Manufacturers are employing various life cycle management patent strategies which include obtaining patents on isomers, metabolites, prodrugs, and new drug formulations such as extended, controlled, or rapid release formulations.

Instead of increasing pipeline productivity for biologics and patent cliff challenges, oral solid dosage forms hold substantial opportunity in extending product lifecycle and leveraging growth potential. Manufacturers are employing various life cycle management patent strategies which include obtaining patents on isomers, metabolites, prodrugs, and new drug formulations such as extended, controlled, or rapid release formulations.

Future Market Insights (FMI), in its report, projects the global oral solid dosage pharmaceutical formulation market to register 6.5% CAGR during the forecast period 2017 to 2027. In terms of revenue, the market will reach nearly US$ 500,000 Mn in 2017; by 2027 is further estimated to surpass US$ 900,000 Mn.

North America to Remain Largest Market for Oral Solid Dosage Pharmaceutical Formulation

North America will remain the largest market for oral solid dosage pharmaceutical formulation, followed by Asia Pacific Excluding Japan (APEJ) and Western Europe. Revenue from the market in North America is expected to surpass US$ 300,000 Mn by 2027-end. In addition, APEJ is projected to reach revenue worth US$ 294,750.4 Mn in the market by 2027. Latin America is expected to be the fastest growth region in the market, expanding at 9.2% CAGR through 2027. In contrast, Japan will witness a sluggish growth in the market.

By dosage form, tablets will continue to remain preferred in the market, with sales estimated to surpass US$ 500,000 Mn by 2027-end. Sales of tablets are anticipated to exhibit the highest CAGR in the market, followed by capsules. Capsules are expected to be the second most lucrative dosage form in the market, expanding at 6.1% CAGR through 2027.

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Immediate Release to Remain Dominant in the Market during 2017-2027

Based on release mechanism, immediate release will remain dominant in the market, expanding at 6.4% CAGR through 2027. Immediate release is expected to generate revenue over US$ 400,000 Mn by 2027-end. Controlled release under extended release segment, is expected to register 7.4% CAGR through 2027.

Retail pharmacy is expected to be the largest end-user of oral solid dosage pharmaceutical formulation market by 2027-end. Retail pharmacy is expected to exhibit highest CAGR in the market through 2027. In contrast, Hospital pharmacy is expected to exhibit lowest CAGR, even though it stands as second largest end-user in the market during the forecast period.

Increasing Presence of MNCs to Drive Market Growth in Latin America

Latin America is emerging as a manufacturing hub for oral solid dosage forms on the back of availability of low-cost resources. Multinational companies are focusing on expanding their presence in this region. These factors are expected to propel market growth in Latin America. Oral solid dosage forms are cost-effective and comparatively easy to manufacture than other dosage forms. They are most commonly used pharmaceuticals for treating various disease conditions in North America, which in turn is driving growth of the market in this region.

Growing effluent consumers in APEJ countries such as China, India and Korea are boosting growth of the oral solid dosage pharmaceutical formulation market in this region. Consumers here are adopting wealthy-life-fast-paced western lifestyle, leading them to suffer western lifestyle-related diseases including diabetes, cancer, and obesity. This compels them in seeking innovative drug treatments, which in turn is expected to fuel market growth in APEJ. However factors such as decreasing productivity of Asian manufacturers and containment issues, and low R&D expenditure coupled with challenges incurred in USFDA compliance are expected to impede growth of the market in APEJ.

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Key Players identified in FMI’s report include:

  • AstraZeneca Plc.
  • Bristol-Myers Squibb Company
  • Eli Lilly and Company
  • Gilead Sciences
  • Merck & Co. Inc.
  • Novartis AG
  • Pfizer Inc.
  • AbbVie Inc.
  • Boehringer Ingelheim GmbH
  • Hoffman-La-Roche Ltd.
  • Johnson & Johnson
  • Biogen Inc.
  • Bayer AG
  • Teva Pharmaceticals
  • Amgen Inc.
  • Takeda Pharmaceutical Company Ltd.
  • Otsuka Pharmaceutical Co., Ltd.
  • Shire Plc.
  • Celgene Corporation
  • Astellas Pharma Inc.

Market segmentation

By Dosage Form

  • Tablets
  • Capsules
  • Powders
  • Others

By Drug Release Mechanism

  • Immediate Release
  • Extended Release
    • Sustained Release
    • Controlled Release
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Drug Stores
  • Online Pharmacy

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By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa