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Limb salvage is also known as limb sparing surgery. It is a surgical procedure generally performed to avoid amputations due to bone tumours. Limb salvage surgery replaces a diseased bone with a functional limb implant. The threat of limb loss is commonly seen in major accidents, cancer tumours, diabetes, peripheral vascular disease and neuropathy.Limb salvage is more cost-effective and preferred treatment plan over amputation in a long run. There are many limb salvage procedures which includes compound flaps with different tissue components, skeletal reconstruction; tendon transfer or reconstruction to restore the normal functions and maintain stability at the affected joints.

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Limb salvage systems market comprises of metal prosthetic implants, allograft i.e. a bone graft from another person, or a combination bone graft and metal implant i.e. allo-prosthetic composite. In addition to this, the major players in the market also provide metal prosthetics for any distal or proximal part of the bone such as distal femur, tibial trays, proximal tibial bodies, proximal femoral components etc. whereas prosthetic joints for total knee replacement and total hip replacement systems are also included in limb salvage systems market. The procedure is generally performed to treat bone tumours and soft tissue sarcomas.

Limb Salvage Systems Market: Drivers and Restraints

Limb salvage systems market is growing, this is attributed to increasing preference of limb salvage surgeries at the early stage of malignancy to avoid amputation. Factors such as growing prevalence of bone tumours, soft tissue sarcomas and peripheral vascular disease and increasing incidences of trauma cases contribute to the revenue growth of limb salvage systems market. In addition to this, growing healthcare expenditure, and rising insurance coverage also aids the growth of limb salvage systems market as increasing number of patients are opting for limb sparing procedures. Also, availability of advanced limb salvage systems drives the limb salvage systems market, giving enormous opportunities to the vendors within this market. However post-operative complications such as non-healing of the bones, limb-length discrepancy, contractures and prosthetic loosening hampers the growth of limb salvage systems market.

Limb Salvage Systems Market: Overview

Limb salvage systems market is expected to grow at a significant rate, over the forecast period. The market is anticipated to perform well over the forecast period due to increasing number of limb salvage surgeries and increasing awareness regarding limb sparing procedures and systems available in the market. Also the limb salvage systems market is expanding globally due to rising prevalence of cancer i.e. osteosarcomas, chondrosarcomas, giant cell tumors, and other bone tumors. The limb salvage systems are expected to grow with a fastest CAGR over the forecast period. Increasing competition among major companies in the market to develop innovative products tend to drive the limb salvage systems towards the growth curve.

Limb Salvage Systems Market: Region-wise Outlook

Depending on geographic region, the limb salvage systems market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America is the largest regional market owing to high patient awareness levels regarding limb sparing surgeries, increasing healthcare expenditure and relatively larger number of R&D exercises pertaining to device manufacturing and marketing etc. these factors contribute for significant revenue generation from the region.

Asia Pacific is expected to grow at the fastest CAGR because of increasing prevalence of bone tumors in the region thus boosting the market growth of limb salvage systems market throughout the forecast period.

Limb Salvage Systems Market: Key Players

Some players of limb salvage systems market includes Biomet, Inc., Wright Medical Group N.V., Hanger Inc., Zimmer Inc., ONKOS SURGICAL, etc. whereas some and regionalplayers also have a significant presence in limb salvage systems market.

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

The report covers exhaustive analysis on:

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

Regional analysis includes

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

Limb Salvage Systems Market

The limb salvage systems market is segment based on the product type, end user and procedure type

By Product Type

• Metal Prosthesis
• Upper Extremity Prostheses
• Lower Extremity Prostheses
• Allograft
• Allo- metal prostheses

By Application

• Significant Bone Loss
• Ligamentous Deficiencies
• Bone Tumors
• Multiple Arthroplasties
• Others

By End User

• Hospitals
• Orthopedic and Prosthetic Clinics
• 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

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Preimplantation Genetic Testing Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

The team of analysts at Future Business Insights are focussing on research and market study to produce different Preimplantation Genetic Testing Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Preimplantation Genetic Testing Market.

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Key Players 

Some players in the preimplantation genetic testing market are Abbott Laboratories, Natera, Inc., Illumina, Inc., Perkin Elmer, Inc. Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd and others

Segmentation 

The global preimplantation genetic testing market is segmented into following key segments: by application type, by product type, by end users and by geography

Segmentation by application type

• Aneuploidy Screening
• Gender Screening
• Chromosomal Aberration Screening
• HLA Typing
• Single Gene Disorder Screening
• Others

Segmentation by product type

• Instruments
• Reagents
• Analyzer Software
• Accessories & Consumables

Segmentation by end user

• Hospitals
• Diagnostic Laboratories
• Academic Institutions
• Fertility Clinics & Maternity Centers

Queries Solved

What is the size of the overall Preimplantation Genetic Testing Market in the Healthcare Industry and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities, and challenges of the Preimplantation Genetic Testing Market in the Healthcare Industry, and how they are expected to impact the market?

What are the attractive investment opportunities within the Preimplantation Genetic Testing Market in the Healthcare Industry?

What is the Preimplantation Genetic Testing Market in the Healthcare Industry size at the regional and country-level?

What are the key market players focusing on?

What are the strategies for growth adopted by the key players in Preimplantation Genetic Testing Market in the Healthcare Industry?

What are the recent trends in Preimplantation Genetic Testing Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Preimplantation Genetic Testing Market in the growth of the Healthcare Industry?

What are the key market trends impacting the growth of the Preimplantation Genetic Testing Market in the Healthcare Industry?

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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.

Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape

Intracardiac Imaging Market FMI’s analysis gives an insight into key market trends, strategies, regional players and various segments on the basis of form, type, application and region.

Ischemic Stroke Aspiration Systems Market  Find insights into global market scenario and segmentation on the basis of ingredients, application, source and region.

Bacterial Diagnostics in Aquaculture Market FMI’s report highlights parent market trends and strategies in the market with segments and dynamics through the forecast period.

The Global Veterinary Thermography market study provides critical information related to the global, regional and top players including Veterinary Thermography market share analysis, winning strategies, recent developments, and financial planning. Besides providing information regarding the key players in the Veterinary Thermography market, the study also recalibrates, the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Veterinary Thermography market.

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Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

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 Veterinary Thermography 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.

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.

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Veterinary Thermography Market: Key Players

Some of the market players in the global veterinary thermography market are Animal Infrared Imaging, Inc., FLIR Systems, Inc., Vet-Therm, Teletherm Infrared Systems, SPI Corp., Digatherm and others. Majority of the players providing infrared thermography cameras as well as veterinary thermography imaging services. Companies are also partnering with service providers, veterans and veterinary clinics in order to provide cost saving solution to them.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Veterinary Thermography market

Veterinary Thermography Market: Segmentation

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

Based on product type, the global vitamin deficiency treatment market is divided into following:

• Short-wavelength Thermography Cameras
• Mid-wavelength Thermography Cameras
• Long-wavelength Thermography Cameras

Based on application, the global veterinary thermography market is segmented as below:

• Veterinary Diagnosis
• Inflammation
• Muscle Injury
• Nerve Injury
• Pain Management
• Preventive medicine
• Physiologic Monitoring and Animal Welfare Assessment
• Others

Based on end user, the global veterinary thermography market is divided into following:

• Veterinary Clinics
• Veterinary Diagnostic Center
• Research Institutes

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

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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 Veterinary Thermography 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

Condition Monitoring System Market Newly released data from Future Market Insights (FMI) has forecast the global demand to increase by year-on-year (YoY) growth of 7.6% in 2021 to total 3.8 million units. The vibration analysis segment will grow by 7% to 1.7 million units by 2031, while the demand in the infrared thermography segment will increase by 8.4% CAGR to hit 786,550 units over the assessment period.

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with a steady long-term projection, according to the latest insights by Future Market Insights.

The report estimates the market to expand at 7 to 8% CAGR from 2021 to 2031 Power generation segment, automotive segment, chemical, and petrochemical segments revenue totaled US$ 2,062.1 million for 2021, according to the annual market analysis conducted by Future Market Insights.

Consistently rising demand from chemical and petrochemical and power generation industries will create prospects for growth of the market through the forecast period. The need for systems to monitor machinery equipment amidst aging population of factory workers. Also, a major factor driving the market historical period 2016-2020.

Demand for condition monitoring system slightly decreased because of shutdowns of various manufacturing plants amid COVID-19 induced restrictions. Although the need to ensure efficient running of equipment to future proof, the operations has resulted in a lesser drop as compared to other product markets.

The benefit of gaining insights in real-time and unexplored data sources throughout the pandemic without being actually present in the plant has also contributed to higher sales.

Condition Monitoring System Market Key Takeaways from FMI’s Study

The global condition monitoring system market witnessed a slump in 2020 because of the COVID-19 pandemic, with a recorded growth of -2.3%. The market in the South Africa is projected to expand at a CAGR of around 5.3%, while that in the Mexico at close to 6.3%, through 2031. The market in India and Germany will surge at greater than 8% CAGR over the next ten years. Sales in the U.S. will continue increasing, accounting for over 80% of demand registered in North America. Rising application across various industries will seal China’s dominance in East Asia.

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“Aging and depreciation of machinery and continued OPEX based investments by various industries, primarily incurred on repair and maintenance of machineries, are driving the condition monitoring market,” says a Future Market Insights analyst.

Condition Monitoring System Market by Category

By Technique:

Corrosion Monitoring Infrared Thermography Motor Condition Monitoring Oil Analysis Ultrasound Testing Vibration Analysis

By Application:

Aerospace and Defense Automotive and Transportation Chemical and Petrochemical Food & Beverage Marine Mining and Metal Oil and Gas Power Generation

By Region:

North America Latin America Europe East Asia South Asia & Pacific Middle East and Africa (MEA)

Competitive Landscape

The market is understood to be highly merged, with key players accounting for over four-fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in this industry are

Schaeffler Technologies AG & Co., Kirloskar Brothers Ltd, Siemens AG, Honeywell International Inc., ABB Ltd., Emerson Electric Co., Rockwell Automation, Inc., Fluke Corporation, Parker Hannifin Corp, General Electric, AB SKF amongst many others.

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Find More Valuable Insights

The research report analyzes demand for condition monitoring system. The global condition monitoring system market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the market has been analyzed based on product type, application, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.

As per Future Market Insights (FMI), the global pet milk replacers market is projected to reach US$ 192.7 Mn in 2021. New pet parents are embracing the trend of pet humanization, resulting in increasing expenditure on pet products and accessories.

Growing preference towards sustainable and nutrient-rich pet feed is propelling sales of pet milk replacers. FMI projects the market to grow at a robust 7.10% CAGR through 2031.

The advent of the novel COVID-19 pandemic led to dampened sales of pet milk replacers due to restrictions in movement and disrupted supply chains. However, FMI projects a positive demand outlook for the pet milk replacers, as the market experienced year-over-year growth by 6.30% from 2020 to 2021.

Pet milk replacers are emerging as beneficial additions to pet diets. Pet milk replacers are generally fed to puppies and kittens to meet the need for nutrition which is lacking in cow or goat milk.

Most dog breeds and feline species are allergic to cow’s milk. Having highly sensitive digestive systems, these animals are susceptible to gastrointestinal issues which can even lead to severe outcomes.

As people are getting highly conscious about pet health, sales of pet milk replacers are anticipated to continue gaining momentum throughout the assessment period. According to FMI’s market survey, non-medicated pet milk replacers will remain highly sought after through 2031.

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As per FMI’s regional analysis, sales of pet milk replacers in the U.S. are anticipated to witness an uptick in the upcoming decade. Growth in the market can be attributed to higher disposable income in the country and the penetration of leading players.

“Demand for sustainable food alternatives for animals, coupled with innovative product launches from key stakeholders to improve nutritional content in pet milk replacers will continue augmenting market growth through 2031,” says the FMI analyst.

Key Takeaways from the Pet Milk Replacers Market Survey:

• Based on product, sales of non-medicated pet milk replacers are projected to hold the lead through 2031.
• Powdered pet milk replacers will dominate the market, due to convenience in terms of transport and logistics.
• The U.S. is projected to emerge as a lucrative market, with the North America market expanding at a 4.90% CAGR.
• Germany will lead the Europe pet milk replacers market. As per the market analysis, Europe is anticipated to exhibit a steady 5.60% CAGR.
• Demand for pet milk replacers in China are expected to be positive, with increasing expenditure on pet food and accessories in the country.
• Japan and South Korea will account for 4.9% and 3.2% of the total market share respectively.

Competitive Landscape

Cargill, Incorporated, Archer Daniels Midland Company, Glanbia plc, CHS Inc., Nutreco N.V., Pet-Ag, Inc., Land O’Lakes, Liprovit BV, Calva Products, LLC, and Jordan Agri Limited. are among the leading players operating in the pet milk replacers market.

As a part of their growth strategies, leading players in the market are emphasizing on product development and production facility expansions to fulfill the growing demand. Acquisitions and collaborations will hold significance among market players. For instance:

• In July 2021, Archer Daniels Midland Co. announced its plans to acquire Serbian agribusiness company Sojaprotein. The company intends to expand its diverse product portfolio with this acquisition, improving its meat alternatives, confectionery, pharmaceutical, and pet food segments.

• In April 2020, Pet-Ag, Inc. inaugurated its fully operational production and distribution facility in Hampshire, Illinois. The 157,000 square-foot building consolidated two of Pet-Ag’s production, research, and administrative locations in Kansas City.

More Insights into the Pet Milk Replacers Market Report

In its latest report, FMI offers an unbiased analysis of the global pet milk replacers market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of pets (dogs and cats), product (medicated and non-medicated), form (liquid and powder), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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Key Questions Answered in the Report

• What is the current pet milk replacers market value?

The pet milk replacers market reached a valuation of US$ 192.7 Mn in 2021.

• At what rate did the pet milk replacers market grow between 2016 and 2020?

The pet milk replacers market experienced positive growth, exhibiting a 6.30% CAGR between 2016 and 2020.

• What are the key trends driving pet milk replacers sales?

Growing prevalence of pet humanization, coupled with longer shelf life and convenience of pet milk replacers are key growth accelerators in the market.

• Who are the leading players in the pet milk replacers market?

Leading players operating in the pet milk replacers market include Cargill, Incorporated, Archer Daniels Midland Company, Glanbia plc, CHS Inc. and Pet-Ag, Inc.

• What will be the demand outlook for the North America pet milk replacers market?

The North America pet milk replacers market is anticipated to grow at a steady 4.90% CAGR during the forecast period.

• At what rate will the sales of pet milk replacers grow in Europe?

The pet milk replacers market in Europe is expected to exhibit a healthy 5.60% CAGR through 2031.

• What is the market share of leading players in the pet milk replacers market?

The top 5 players in the pet milk replacers market collectively account for approximately 15-25% of the global market share in 2021.

• Which are the top countries driving the sales of pet milk replacers?

Top countries in driving the pet milk replacers market sales are the U.S., France, Germany, China, and Brazil.

• What is the current market share of Japan and South Korea in the global pet milk replacers market?

Japan and South Korea will account for 4.9% and 3.2% of the total market share respectively.

[252 Pages Report] Sodium lactate market revenue totalled US$ 158.7 Mn for 2021, according to a study by Future Market Insights (FMI). The overall sodium lactate sales are expected to reach US$ 368.3 Mn by 2031, growing at a CAGR of 8.8% for 2021 – 2031.

The demand for liquid form of sodium lactate will accelerate in the coming years, as competition continues to soar. FMI also has forecast the key players to hold 54.3% of the share in 2021.

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Increasing safety concerns have encouraged governments around the world to implement stringent regulations to maintain and enhance the quality of food, cosmetic and chemical products. These regulations have been created with the intent to keep an eye on chemical additives and contaminants in food supplies. This is expected to create attractive opportunities for growth.

The global sodium lactate market is estimated to be US$ 158.7 Mn in 2021, registering high growth through the forecast period (2021-2031)

Sodium lactate find extensive applications in the food & beverage industry, pharmaceutical and cosmetic and personal care products owing to its superior properties and cost-effective nature. As per a new study by Future Market Insights (FMI), the demand for sodium lactate will increase by 8.8% between 2021 and 2031.

Focus on reducing the cost of production to offset the high feedstock cost and gain competitive edge among leading players will bode well for the market. Moreover, manufacturers are expanding their manufacturing capabilities and increasing their exports to make deeper inroads in markets with unmet needs.

Key Takeaways from Sodium lactate Marker Study

• Liquid form by form type is expected to contribute more than 54% of revenue share to the market.
• By application, food & nutritional supplements held the highest market share in 2021 due to diversifying the application of sodium lactate in the food industry.
• North America holds a t share of over 38% in the global sodium lactate market.
• Germany is expected to remain the dominant market for sodium lactate in Europe, accounting for over one-fourth of sales through 2031.
• China will continue leading the East Asia market, exhibiting double-digit growth through the forecast period.

“Diverse applications of sodium lactate across diverse industries, from pharmaceutical to the food sector will drive the sodium lactate market,” says a FMI analyst.

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Fast Expanding End-User Industries and Product Compliance

Food & beverage, cosmetic industry, pharmaceuticals manufacturers are prominent end-user industries gaining momentum. With the prompt expansion of the food & beverage and agricultural industry across the globe, it will fuel the demand for sodium lactate-based products. Manufacturers may want to steadily exit or avoid entering the vulnerable solvents marketplace as the usage of VOC-based products is banned and prohibited in developed countries.

Increasing safety concerns have encouraged several governments to implement stringent regulations to maintain and enhance the quality of food, cosmetic and chemical products. These regulations have created use of chemical additives and contaminants in food supplies on check.

Also, within the pharmaceutical industry, regulations and quality assurance play an important role. These factors will continue creating scope for sodium lactate applications.

Competitive Landscape

Manufacturers are focusing on the development of intermediates. Moreover, they are focusing on expanding their regional presence through acquisition and expansion.

Some of the leading companies of this market include:

• Jungbunzlauer Suisse AG
• Biosynth Carbosynth
• Corbion N.V.
• Prathista Industries Limited
• Dr. Paul Lohmann GmbH KG
• Merck KGaA
• Advance Inorganics
• Hexon Laboratories Private Limited
• Galactic S.A.
• abcr GmbH

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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global sodium lactate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the sodium lactate market on basis of Product Form in detail cover every aspect of the market such as (Powder, Liquid), Application (Beverages, Food & Nutritional Supplements, Clinical Nutrition, Dialyses Solutions, Personal Care & Cosmetics, Cleaners & Detergents), End User (Food & Beverages Industry, Cosmetic Industry, Pharmaceuticals Manufacturers, Medical Devices Manufacturers, Others) across seven major regions.

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What Are Key Opportunities For The Market To Growth In Future?

In developed economies, customers are progressively transitioning to products that confirm to stricter requirements for safety. This will create opportunities for research and development activities and product innovation to launch lactates-based products.

Development of custom formulation and products as per end-user requirements is expected to gain impetus across the world. Some of the leading companies are therefore focusing on produyct launches.

A majority of manufacturers in the MEA region are based out of South Africa, Turkey and GCC. They are primarily focusing on manufacturing international quality products to garner significant attention from end-users in the region. Sodium lactate also is used in food products that need to be Kosher & Halal certified.

Expansion in APAC and ban on VOC-based solvent in Europe and North America will create growth opportunities for sodium lactates manufacturers.

[247 pages Report] As per newly released data by Future Market Insights (FMI), the glass reactor market is expected to register year-on-year (YoY) growth of 4.6% in 2021, registering sales of 400 thousand units. The single jacketed glass reactors segment will grow 4.3% in 2021 to reach 286 thousand units, while the double jacketed glass reactors segment demand will be up 4.4%, reaching 112 thousand units. Extensive applications in chemical and pharmaceutical processing will contribute to the growth of the market through 2031.

According to Future Market Insights, the expansion of pilot plants to test and validate production technologies before commercialization has led to stronger demand for glass reactors. The glass reactors market observed a moderate decline in its sales volume in FY2020 due to the Covid-19 pandemic.

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Demand from end-use industries including petrochemicals, research institutes, and others have waned. However, parts of the chemical and pharmaceutical sectors were unaffected due to demand generated from Covid-19 precautionary measures.

Demand for single jacketed glass reactors has been steadily increasing. This can be attributed to enhanced applications in the chemical and pharmaceutical industries, owing to which single jacketed glass reactors have secured a prominent share in the global glass reactors market.

The growing requirement for pilot plants due to the increasing adoption of new and advanced technologies coupled with Industry 4.0 norms, support the yield of glass reactors through the forecast period.

An increasing number of players are focusing on research and development related to glass reactors and are anticipated to contribute towards market growth in the years to come.

“The glass reactors market is growing at a strong pace, driven largely by investments in research and development (R&D) activities for the expansion of chemical and petrochemical projects. This will create extensive opportunities for manufacturers through 2031. Industry participants are investing in expansions, strategic alliances, and cost-effective solutions to gain a competitive advantage,” says a Future Market Insights analyst.

Key Takeaways from Glass Reactors Market Study

• Glass reactors with a capacity of 30 to 60 Lts. are projected to hold over 35% value share of the global market in 2021, owing to a wider scope of application.
• Single jacketed glass reactors are set to hold 71.8% of the market share by the end of the forecast period, aided largely by cost considerations.
• The U.S. will remain a primary market, backed by rising demand from the pharmaceutical and chemical process sector. It is expected to account for 77.1% of the demand registered in North America in 2021.
• The markets in India and China are set to surge at a CAGR of approximately 6.4% and 6.1% over the coming decade, aided by investments in the pharma sector.
• The U.K. is emerging as a key market in Europe, with a valuation of over US$ 34.6 Mn in 2021, growing at a 5.8% CAGR with rising investments in the research sector.

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Competitive Landscape

Companies operating in the glass reactors market are aiming at strategic collaborations and partnerships with other manufacturers to expand their product portfolio and capacity, addressing the demand of an expanding consumer pool.
• For instance, in April 2019, Pfaudler Group acquired the Industrial Mixing Solutions Division (IMSD, www.sudarshan-imsd.com) of Sudarshan Chemical Industries Ltd., Pune.
Manufacturers are also focusing on the expansion of manufacturing facilities globally to maintain their global presence.
• In December 2019, Büchi AG. laid the foundation stone for the expansion project in Kaliningrad, Russia. The new facility enabled the company to increase its footprint in Europe, expand sales into Eastern Europe, and better address its customers’ needs by producing more products and services.

Some of the prominent players operating in the Global Glass Reactors Market profiled by FMI are:

• DE DIETRICH PROCESS SYSTEMS
• Parr Instrument Company
• Büchi AG
• Corning Incorporated
• Ace Glass Incorporated
• GMM Pfaudler Ltd.
• Syrris Ltd.
• Radleys
• Quark Glass
• Senco. CC

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The research report analyzes the demand for glass reactors. The global glass reactors market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights, the market has been analyzed based on

By Capacity:

• Up to 5 Lts.
• 5 to 15 Lts
• 15 to 30 Lts.
• 30 to 60 Lts.
• 60 to 100 Lts.
• 100 to 300 Lts.
• Above 300 Lts.

By Design:

• Single jacketed Glass Reactors
• Double Jacketed Glass Reactors

By Application:

• Pilot Plants
• Mid-Large Scale Production Plants
• Portable Multi-purpose Unit

By End Use:

• Chemical Process Industries
• Petrochemical Refineries
• Pharmaceutical
• Research Institutes

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-13717

Key Questions Answered in the Report
• At what rate is the glass reactors market projected to grow through the assessment period?
• How much is the glass reactors market worth?
• What is the volume outlook of the glass reactors market?
• At what rate did the glass reactors market grow in the last 5 years?
• What is the share of the top players in the glass reactors market?
• What is the North American glass reactors market outlook?
• At what rate are the sales of glass reactors in Europe set to rise?

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