The modular construction market is experiencing a period of significant growth, driven by several key factors. Here’s a breakdown of the current landscape, exciting opportunities for manufacturers, and a glimpse into the future of this innovative building technique.
Current Scenario:
Rising Demand: The global modular construction market is witnessing steady growth, fueled by an increasing demand for speed, cost-effectiveness, and sustainability in construction projects.
Shifting Preferences: There’s a growing preference for controlled, off-site construction methods that offer improved quality control and reduced environmental impact compared to traditional on-site building.
Favorable Applications: Modular construction finds widespread use in various sectors, including residential housing, healthcare facilities, education institutions, and commercial buildings.
Lack of Awareness: While awareness is growing, some clients and developers may still have limited understanding of the benefits and applications of modular construction.
Regulations and Permits: Navigating complex regulations and permitting processes for modular construction can pose challenges in some regions.
Key Opportunities for Manufacturers:
Standardization and Innovation: Develop standardized modular units while also innovating with new designs, materials, and technologies to meet diverse project needs.
Focus on Sustainability: Utilize eco-friendly materials and green building practices throughout the manufacturing process to cater to environmentally conscious clients.
Collaboration and Partnerships: Forge strong partnerships with architects, developers, and contractors to overcome regulatory hurdles and promote the benefits of modular construction.
Digitalization and Efficiency: Integrate digital tools for design, planning, and manufacturing to streamline the overall modular construction process.
Skilled Workforce Development: Invest in training programs to create a skilled workforce capable of efficient and high-quality modular construction.
The future of the modular construction market appears bright, driven by several trends:
Technological Advancements: Advancements in prefabrication techniques, automation, and building materials will further enhance efficiency and cost-effectiveness in modular construction.
Urbanization and Infrastructure Needs: The growing demand for rapid housing and infrastructure development in urban areas will drive the adoption of modular construction methods.
Focus on Sustainability: As sustainability concerns gain prominence, the eco-friendly nature of modular construction will be a major selling point for environmentally conscious developers and clients.
The global disinfectant chemicals market stands at US$ 2.5 Billion as of now and is expected to reach US$ 4 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032.
Disinfectant chemicals are gaining popularity due to the capacity to neutralize, regulate, or eradicate germs found on the inanimate objects or surfaces. As an outcome, research and diagnostic laboratories, hospitals, clinics, and hospitals demand these items in greater proportion. The usage has almost doubled after the outbreak of Covid-19. Also, the end-consumers have turned out to be all the more cautious regarding food- and water-borne infections caused through various viruses, bacteria, and parasites like salmonella, norovirus, cholera, and likewise.
The ongoing trend is that of several start-ups coming up with alternatives to conventional chemical-based decontaminants that could be capable of cleaning microcavities as well. Vaporized hydrogen peroxide and aerosol are being looked upon as such alternatives. The recent ‘no-touch’ (automatic) decontamination techniques include pulsed-xenon UV light system, continuous generation of UV-C light, and high-intensity narrow-spectrum (405 nm) light. For example – Indra Water (India), which is highly experienced in handling even heavily contaminated wastewater, did upgrade their technology for building and creating VAJRA system to disinfect spaces as well as equipment for preventing infection through Covid-19.
At the same time, it needs to be noted that chemical disinfectants broadly used in poultry facilities, healthcare facilities, hospitals, food product manufacturing plants, abattoirs, sanitary services for killing germs causing diseases could have flammable and explosive properties aplenty. Various disinfectants are likely to react aggressively with various unrelated compounds and emit poisonous gases that could put the lives of employees in danger.
There are numerous ways through which chemical disinfectants could enter human body – inhalation, ingestion, and absorption through mucous membranes or skin. Also, extensive usage of hand sanitizers could cause irritation to the skin due to presence of chemicals like chlorhexidine, alcohol, triclosan, and chloroxylenol. Plus, chemicals such as sodium hypochlorite, on close contact with environment and humans, could prove to be detrimental in the long run. These factors may restrain the disinfectant chemicals market in the forecast period. Future Market Insights has walked through these findings with insights in its latest market study entitled ‘Disinfectant Chemicals Market’. The team of consultants and analysts is there to work upon macros and micros herein.
“With increasing applications of disinfectant chemicals in food & beverages’ processing, healthcare, plastic, and textile industries, the global disinfectant chemicals market is bound to grow on a splendid note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Disinfectant Chemicals Market
North America holds the largest market share. This could be attributed to increasing awareness regarding personal hygiene & health, cleanliness, rise in spending on healthcare, well-established healthcare infrastructure, and initiatives by governments of the US and Canada.
Europe stands second on this count with government entities pushing for usage of disinfectant chemicals all over.
Coming to the Asia-Pacific, countries like India and China are expected to rule the roost in the forecast period. This could be credited to a greater percentage of population contracting ventilator-associated pneumonia, central line-associated bloodstream infections, catheter-associated urinary tract infections, surgical site infection, and likewise.
In MEA, call for effective sanitization is expected to bring about a drastic change in disinfectant chemicals market.
Competitive Chemicals
DuPont Electronics & Imaging, in June 2019, did announce 3 novel chemistries for extending support to advanced semiconductor fabrication – DuPont EKC 590 CuSolve remover, EKC PCMP3210 cleaner, and EKC PCMP2110 cleaner.
Diversey Holdings, Ltd., in December 2021, completed acquisition of Birko Corporation along with its subsidiary ‘Chad Equipment LLC’. The basic purpose was to strengthen the foothold all across Canada and the US.
Some of the key participants present in the global demand of the disinfectant chemicals market include
DuPont
3M
ABC Compounding Co., Inc.
Cardinal Health, Inc.
What does the Report discover?
The research study is based on type (liquids, sprays, wipes, and others) and by end-user (hospitals, households, food & beverages, and likewise).
With disinfection of surroundings being made compulsory, the global disinfectant chemicals market is bound to witness grandeur in the forecast period.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
India is one the youngest, yet the fastest growing economies in the world. India has a large thriving and vibrant market stuffed with millennial consumers. The newly rolled out open market policies to usher in FDI has impacted the GDP of the country.
India is revamping its infrastructure to develop a comfortable passage for Western investors. In the recent past, the bilateral ties between India and Europe have matured. Both markets are coming closer with every passing day and developing an apt business-friendly climate to promote and expedite the flow of business. India and EU are looking to repair the economic corridors between the two most steadily rising economies of the world.
The Free Trade Agreement has bridged the strategic and economic gulf between both markets and made India one of the most significant business partners of Europe. European exports to India have surged in the last few years. According to the RBI, the Indian exports to European markets amount to INR 337 billion approximately.
Apart from the core industries, the Indian tourism sector is extracting the benefits of the developing relationship between these two markets. The development of the tourism sector in India has enhanced the scene of the India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe.
The India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast predicts a massive change in market behaviour in the coming few years.
The significant change in the India Outbound MICE tourism market will reap the benefits of the economic bonhomie between India and Europe. It will not only expand the India outbound MICE tourism market to Europe, but this gesture shall surely create a suitable atmosphere for new jobs.
Key Trends in India’s Outbound Meetings and Incentives to Europe Market
In recent years, the landscape of outbound meetings and incentives from India to Europe has undergone a significant transformation. As businesses increasingly recognize the importance of fostering global connections and motivating their workforce, the outbound MICE (Meetings, Incentives, Conferences, and Exhibitions) sector has become a pivotal driver of this change. Here are some key trends shaping the India to Europe MICE market.
Diverse Destinations: While traditionally popular destinations like Paris and London continue to attract Indian businesses, there is a notable shift towards exploring lesser-known European cities. Destinations like Barcelona, Prague, and Vienna are gaining traction, offering a blend of rich cultural experiences and modern amenities for corporate events.
Hybrid Events: The global pandemic has accelerated the adoption of hybrid events, combining physical and virtual components. This trend allows businesses to reach a broader audience, ensuring participation from individuals who may be unable to travel. European destinations are actively adapting to provide state-of-the-art virtual event facilities.
Sustainable Practices: With an increased focus on sustainability, businesses are seeking eco-friendly options for their events. European venues are responding by implementing green initiatives, from energy-efficient infrastructure to sustainable catering, aligning with India’s commitment to environmentally responsible practices.
India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast: Game Changers
There are several factors that are promoting the growth of the India Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe. The enhanced business ambience between the fastest growing regions of the world and revamped market policies are helping Indian business houses establish their footprint in the European market.
The booming tourism market of India and the birth of a new breed of deep-pocketed travellers are cementing the ground for the growth of the India outbound MICE tourism market to Europe. Several investment friendly policies rolled out by European countries to woo investors are also speeding up the growth of the India outbound MICE tourism market to Europe.
Key players:
Clear Trip Pvt Ltd.
Ebix Travel Pvt Ltd.
Kesari Tours Pvt. Ltd.
Easy Trip Planners Pvt Ltd.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
The global dimer acid-based polyamide resins market exhibited promising growth, reaching a value of US$ 2.5 billion in 2022. Analysts anticipate this market to continue flourishing at a compound annual growth rate (CAGR) of 7% throughout the 2022-2032 forecast period. As a result, it is projected to achieve a significant milestone, reaching a market valuation of US$ 5 billion by the end of the forecast period.
Dimer Acid-Based (DAB) Polyamide Resins are a type of high-performance polyamide resins derived from dimer acids, which are obtained by dimerizing unsaturated fatty acids. These resins are widely used in various industries due to their exceptional properties and versatile applications. DAB polyamide resins offer a unique combination of chemical resistance, flexibility, toughness, and adhesion, making them suitable for use in coatings, adhesives, inks, and other specialty applications.
The dimer acid-based polyamide resins market is experiencing steady growth, primarily fueled by the expanding coatings, adhesives, and packaging industries. Additionally, the shift towards sustainable and bio-based materials presents new opportunities for market players to capitalize on the increasing demand for eco-friendly solutions. Despite facing challenges, the market’s outlook remains positive, and continuous research and development efforts are expected to drive innovation, broadening the application scope of DAB polyamide resins in the coming years.
The DAB Polyamide Resins market has been witnessing significant growth in recent years, driven by several factors:
Rising Demand in Coatings Industry: DAB polyamide resins find extensive use in the coatings industry, particularly in protective coatings, marine coatings, and industrial maintenance coatings. The booming construction and infrastructure sectors, along with the increasing demand for high-quality coatings, have contributed to the growth of the DAB polyamide resins market.
Adoption in Adhesives and Sealants: The strong bonding and adhesion properties of DAB polyamide resins make them valuable ingredients in adhesives and sealants used across automotive, aerospace, and construction industries. As these sectors continue to expand, the demand for DAB polyamide resins is expected to rise.
Advancements in Packaging Solutions: DAB polyamide resins play a crucial role in flexible packaging materials, where they enhance barrier properties and provide resistance to moisture and chemicals. With the growing popularity of sustainable and innovative packaging solutions, the demand for DAB polyamide resins is projected to increase.
Growing Shift towards Bio-based Resins: As environmental concerns escalate, there is a rising trend of shifting towards bio-based and sustainable materials. DAB polyamide resins, derived from natural fatty acids, align well with this trend, and manufacturers are likely to invest in eco-friendly solutions, driving market growth.
Expanding End-Use Industries: The diverse applicability of DAB polyamide resins across industries such as textiles, electronics, and printing inks is expanding the market’s horizons. As these industries witness growth, the demand for DAB polyamide resins is expected to follow suit.
Regional Outlook:
The DAB Polyamide Resins market is geographically diverse, with major regions including North America, Europe, Asia Pacific, and Rest of the World (RoW). Asia Pacific is projected to be a significant market, driven by rapid industrialization, urbanization, and increased infrastructure activities in countries like China, India, and Southeast Asian nations.
The FMI’s Dimer Acid-Based (DAB) Polyamide Resins market report provides a comprehensive analysis on key players operating in the Dimer Acid-Based (DAB) Polyamide Resins market.
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Top Key Players
Arizona Chemical
Anqing Hongyu Chemical Co., Ltd.
The Dow Chemical Company
Jinan Tongfa Resin Co., Ltd.
RITEKS
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
The global cosmetology market growth has been on an upward trajectory, marking significant growth in recent years. In 2022, the market was valued at an impressive US$ 108.33 billion, and in the current year, 2023, experts project a staggering increase to reach a valuation of US$ 118.93 billion in total cosmetology procedures. The industry’s momentum shows no signs of slowing down. Forecasts suggest that by 2033, the global market is set to soar to an estimated US$ 316.05 billion. This robust growth is anticipated to follow a Compound Annual Growth Rate (CAGR) of 10.8% from 2023 to 2033.
The beauty and cosmetology sector is undergoing a remarkable evolution, driven by innovation, technological advancements, and a growing consumer demand for aesthetic enhancement and self-care solutions. This expansion not only reflects changing consumer preferences but also highlights the industry’s resilience in adapting to meet evolving needs.
“We are witnessing a transformative era in the beauty industry, where innovation is redefining standards and reshaping the market landscape,” says Future Market Insights, an industry expert. “The projected growth underscores the burgeoning interest and investment in cosmetic procedures worldwide.”
Key factors contributing to this exponential growth include a rise in disposable income, increasing awareness about personal appearance, advancements in non-invasive procedures, and a shift toward wellness-oriented beauty solutions.
As the industry continues to flourish, stakeholders, including cosmetic brands, practitioners, and consumers, can anticipate a plethora of opportunities and advancements. This growth isn’t merely about numbers; it signifies an era of empowerment, self-expression, and the exploration of individuality.
The future of cosmetology is poised for innovation, accessibility, and inclusivity, offering a diverse array of options to cater to the diverse needs and preferences of consumers worldwide.
Key Takeaways from the Global Cosmetology Market Study Report by FMI:
In 2022, North America contributed almost 42.3% of worldwide market demand. Meanwhile, the net worth of total cosmetology procedures adopted in European countries was figured out to be around 25.6%.
In comparison to all countries, the United States alone contributed 37.8% of the global revenue generated in the year 2022. The market in the United States is undergoing a dynamic transformation fueled by the fusion of technology advancements, aesthetic goals, and digital media.
Germany is the leading market in Europe with a 7.3% global share, while the United Kingdom market may record a 7.2% CAGR through 2033. The cosmetology service providers in the United Kingdom offer a wide range of services, catering to diverse global customers.
In Asia Pacific, China is poised to witness a year-on-year growth rate of 12.4% until 2033 in the adoption of cosmetology procedures. India is expected to follow China in overall market growth at around 10.2% CAGR through 2033.
Currently, non-surgical segments account for nearly 59.3% of the global market share as people continue to seek self-expression and confidence via cosmetic improvements.
Competitive Landscape for the Cosmetology Market Players:
GC Aesthetics, Mentor, Sientra, Zimmer, 3M Health Care, Allergan, Implantech Associates, Institut Straumann, Nobel Biocare, and Spectrum Designs Medical are some top market players. These top cosmetology providers maintain their reputation and reliability by ensuring compliance with medical laws and prioritizing patient safety.
To build credibility and trust in the highly competitive industry, it may be crucial for new players to continue using ethical marketing techniques. To compete in the market, start-ups must pay attention to changing customer preferences and keep up with the most recent trends.
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
The industry is predicted to experience a notable expansion with a predicted global diagnostic exosome biomarkers market demand of US$ 196.8 million by 2023. The diagnostic exosome biomarkers sales are anticipated to thrive at a healthy CAGR of 16.3% between 2023 and 2033. A valuation of US$ 888.5 million is predicted for the diagnostic exosome biomarkers industry by 2033.
In the upcoming years, there may likely be a noticeable increase in diagnostic exosome biomarkers demand. Exosomes, which are tiny biomolecule-containing extracellular vesicles, have the potential to be used as non-invasive diagnostic tools for several disorders. They are strong prospects for early illness detection and tailored treatment because they can accurately represent the molecular makeup of the cell from which they originated.
Exosome-based diagnostics are becoming sophisticated. This may present new prospects for developing diagnostics and enhancing patient outcomes.
Harnessing Exosomes: The Precious Source for Biomedical Advancements:
Several key factors are shaping the global diagnostic exosome biomarkers market. Exosomes, nanovesicles released through the fusion of the plasma membrane with internal vesicles, play a crucial role in the diagnostic exosome biomarkers business. They are easily found in body fluids like blood and urine, making them valuable biomedical tools.
Cancer research is particularly active, and exosomes are promising biomarkers for diagnosing and predicting malignant tumors. An ongoing investigation is into using exosomes as potential biomarkers for various neurodegenerative disorders. Further, these advancements are expected to create new market opportunities, compelling diagnostic exosome biomarkers industry players to focus on developing innovative products for diagnosis and monitoring.
Regional Outlook:
North America is anticipated to maintain its dominant position in the diagnostic exosome biomarkers market, while the Asia Pacific region is projected to emerge as the significantly growing market.
In 2016, the National Institutes of Health sought grant applications to explore the potential of exosomes and extracellular vesicles (EVs) as biomarkers for cancer risk assessment, detection, diagnosis, and prognosis.
This significant research funding and government support have played a pivotal role in accelerating the market growth.
The Asia Pacific region is projected to experience promising growth opportunities from 2023 to 2033. This growth can be attributed to the rising demand for diagnostic exosome biomarkers in emerging economies like India and China. Also, the increased healthcare spending in these countries creates favorable prospects for developing the diagnostic exosome biomarkers market in the Asia Pacific region.
The reagents & kits segment in the product category is to grab a share of 58.8% from 2023 to 2033.
Based on the end user category, the diagnostic center segment is to acquire a market share of 37.3% between 2023 and 2033.
The United States diagnostic exosome biomarkers business is estimated to acquire a share of 3% by 2023.
Germany’s diagnostic exosome biomarkers business is likely to grab a share of 7% by 2023.
Japan’s diagnostic exosome biomarkers market is predicted to hold a share of 4.2% by 2023.
Australia’s diagnostic exosome biomarkers industry is estimated to acquire a CAGR of 7% by 2023.
China’s diagnostic exosome biomarkers sales are anticipated to expand at a CAGR of 8% through 2033.
India’s diagnostic exosome biomarkers industry is to develop at a CAGR of 2% from 2023 to 2033.
North America’s diagnostic exosome biomarkers market is to hold a share of 6% through 2033.
Europe’s diagnostic exosome biomarkers industry is predicted to acquire a share of 6% through 2033.
Competitive Landscape:
Given the many prominent firms participating in the diagnostic exosome biomarkers market, the general competitive environment could be cohesive. The diagnostic exosome biomarkers manufacturers are focusing on increasing the size and capabilities of their laboratories to meet the rising demand.
The diagnostic exosome biomarkers manufacturers are investing significantly in research and development projects to keep up with the increasing demand. To stay ahead of the escalating rivalry, manufacturers operating on the global market are predicted to use aggressive marketing techniques, including mergers and acquisitions.
Latest Innovations:
Exo Therapeutics’ US$ 78 million Funding Boost
Exo Therapeutics obtained US$ 78 million in series B investment in October 2021 to further its novel approach to enzyme inhibition. Exo Therapeutics concentrates on blocking enzymes’ exosites rather than directly targeting the enzymes themselves, opening up intriguing opportunities to create innovative drugs.
Bio-Techne and Thermo Fisher Collaborate on Revolutionary Kidney Transplant Rejection Test
The ExoTRU kidney transplant rejection test was developed and commercialized through an exclusive cooperation between Bio-Techne and Thermo Fisher Scientific in February 2022. This liquid biopsy technique can improve kidney transplant monitoring and patient care by providing important information on the health of the allograft for both clinical and research purposes.
Top Major Key Players:
Key diagnostic exosome biomarker manufacturers include AMS Biotechnology Limited, 101Bio, BioRegenerative Sciences, Inc., Cell Guidance Systems LLC, Codiak BioSciences, Evomic Science LLC, ExoCyte Therapeutics Pte Ltd, Exovita biosciences, Immune Therapy Holdings AB, Lonza Group, Norgen Biotek Corp., ReNeuron Group plc and Therapeutic Solutions International, Inc.
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
The global dental services market is poised for significant expansion, driven by growing dental awareness campaigns and evolving healthcare landscapes worldwide. Recent trends indicate a surge in demand for dental services, with the global market projected to reach a value of US$ 587 billion by 2032, expanding at a rate of 6.2% annually.
One of the key drivers of this growth is the increasing emphasis on preventive dental care through routine dental exams, facilitated by connections between print and visual media. These awareness campaigns underscore the importance of regular dental check-ups in maintaining oral health and preventing dental diseases.
The rise in dental diseases, coupled with an aging population and improved accessibility to advanced healthcare systems, is expected to fuel the demand for dental treatments. However, the market for dental treatments faces constraints due to the development of dental vaccines aimed at preventing dental problems.
Innovations such as laser dentistry are poised to revolutionize dental care by eliminating the need for traditional surgical equipment, thus driving significant growth in the dental services market. Dental clinics are anticipated to dominate this market, with increasing mergers and collaborations between insurance companies and dental clinics expanding the scope of dental care.
Emerging nations, buoyed by sizable populations and government initiatives, are witnessing a favorable increase in the demand for dental services. The delivery model for dental services is also evolving, with dental support associations advocating for the expansion of group or corporate practices.
“Dental services represent one of the fastest-growing segments in the healthcare sector,” said FMI. “With a comprehensive range of procedures addressing diagnosis, prevention, and treatment of oral diseases, dental care plays a crucial role in overall healthcare.”
Key dental procedures include dentures, cosmetic dentistry, oral surgery, dental implants, root canals, and endodontics, among others. Common conditions such as dental caries (tooth decay) and periodontal disease are expected to drive demand for dental services, highlighting the importance of preventive care and timely treatments.
In the United States, statistics from the Centers for Disease Control and Prevention (CDC) reveal significant dental health challenges, with high percentages of young and adult populations affected by dental caries and periodontal disease.
As the global dental services market continues to expand, stakeholders are optimistic about the opportunities for innovation, collaboration, and improved access to quality dental care for populations worldwide.
Rising prevalence of periodontal disease: As the number of people suffering from periodontal disease increases, there is a corresponding rise in the demand for dental services to address these issues.
Growing private health insurance coverage: Increased coverage by private health insurance plans enables more individuals to afford dental services, thus driving market growth.
Escalating demand for cosmetic and elective dentistry: With a growing emphasis on aesthetics, there’s a rising demand for cosmetic and elective dental procedures, contributing to the expansion of the dental services market.
Increased proportion of sugar-based medication: Sugar-based medications can contribute to dental issues, leading to a higher demand for dental services to address related problems.
Existing lifestyle factors: Modern lifestyles, which may include factors like poor diet and smoking, can lead to dental problems, increasing the need for dental services.
Increasing population in the Asia Pacific region: The demographic shift towards a larger population in the Asia Pacific region drives overall growth in the global dental services market, as more individuals require dental care.
Restraints:
Declining cases of dental caries in developed countries: Improved public health measures and self-care practices in developed countries have led to a decline in cases of dental caries. This reduction in dental issues limits the growth potential of the dental services market in these regions.
Impact of WHO observations: The observations made by the World Health Organization (WHO) regarding declining cases of dental caries due to improved public health measures and self-care practices act as a significant restraint on the dental services market, particularly in developed nations.
These drivers and restraints collectively shape the dynamics of the dental services market, influencing its growth trajectory and market conditions.
Dental services market is segmented into following types
By Service:
Dental Implants
Orthodontics
Periodontics
Root Canal – Endodontics
Cosmetic Dentistry
Laser Dentistry
Dentures
Oral and Maxillofacial Surgery
Smile Makeover
End User:
Hospitals
Dental Clinics
Dental Services Market by Region:
North America Dental Services Market
Latin America Dental Services Market
Europe Dental Services Market
Asia Pacific Dental Services Market
Middle East and Africa Dental Services Market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
According to a recent study by Future Market Insights, the acrylic acid market is expected to reach US$ 22.6 Billion by 2032, up from US$ 14.6 Billion in 2022, expanding at a CAGR of 4.5%. Rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the analysis period.
Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as an automotive gasket, hoses, and others.
In addition, owing to the improved properties of AEM, such as strength, and resistance, among others, there is an increasing demand for acrylic acid from the polymer industry during the forecast period. Additionally, the rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market.
Key Takeaways from the Market Study
Global acrylic acid market was valued at US$ 14.6 Billion by 2022-end
The U.S to account for the highest value share of US$ 7.8 Billion of global market demand for acrylic acid in 2032
From 2015 to 2021, acrylic acid demand expanded at a CAGR of 5.2%
By Product, the acrylate esters category constitutes the bulk of Acrylic Acid Market with a CAGR of 4.6%.
“Increasing demand for Super Absorbent Polymers (SAP) in Sanitary Pads Application, is one of the major factors that is anticipated to propel the industry growth over the forecast period,” – remarks an FMI analyst.
Competitive Landscape
Players in the global acrylic acid market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some recent developments among the key players are:
In August 2021, BASF and SINOPEC decided to expand their Verbund site operated by BASF-YPC Co. Ltd, a 50-50 joint venture of both companies in Nanjing, China. It includes the capacity expansion of several downstream chemical plants, including a new tert-Butyl acrylate plant to support the growing Chinese market.
In October 2020, Arkema successfully started a its new 90,000-ton acrylic acid reactor at its Clear Lake site in Texas to attract consumers from paints, super-absorbents, water treatment, and adhesives markets in North America.
In August 2018, BASF PETRONAS Chemicals announced the expansion of the production capacities of its acrylic acid and butyl acrylate plants in Kuantan, Malaysia.
Key Segments Covered in The Acrylic Acid Market Study
Acrylic Acid Market by Product:
Acrylate Esters
Glacial Acrylic Acid
Other Acrylic Acid Products
Acrylic Acid Market by End-Use Industry:
Acrylic Acid for Surfactants
Acrylic Acid for Organic Chemicals
Acrylic Acid for Adhesives & Sealants
Acrylic Acid for Textiles
Acrylic Acid for Water Treatment
Acrylic Acid for Personal Care Products
Acrylic Acid for Other End-Use Industries
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
The global dialysis device and concentrates market is poised for substantial growth, with forecasts indicating a surge from US$ 21,663.5 million in 2023 to US$ 34,824.85 million by 2033, reflecting a robust Compound Annual Growth Rate (CAGR) of 4.9%. This significant expansion underscores the escalating demand for dialysis solutions worldwide.
Key market players are strategically aligning themselves through agreements and partnerships with regional and domestic counterparts to fortify their market presence and cater to a wider customer base. These alliances not only enhance market penetration but also foster innovation and technological advancements to meet evolving consumer needs.
Technological innovations are driving growth opportunities, particularly in emerging economies, where the establishment of dialysis clinics, home dialysis options, and government support for End-Stage Renal Disease (ESRD) are fueling market expansion. The advent of advanced hemodialysis procedures and the development of sophisticated devices further propel demand for dialysis concentrates, particularly in regions witnessing a surge in renal failure cases attributed to conditions such as hypertension and diabetes.
“The rise in demand for dialysis treatments, coupled with the scarcity of organ donations, serves as a catalyst for market growth,” said FMI. “As the global healthcare landscape evolves, we remain committed to driving innovation and forging strategic partnerships to address the pressing needs of patients worldwide.”
With an increasing number of patients grappling with kidney diseases, the imperative for effective dialysis solutions has never been more pronounced. The global dialysis device and concentrates market are poised to witness unprecedented growth, driven by a confluence of factors ranging from technological advancements to strategic collaborations and rising healthcare demands.
Key Takeaways:
By 2033, the dialysis device and concentrate market in the United Kingdom is likely to expand, with a CAGR of 4.3%.
In 2022, the United States developed the dialysis device and focused business with a share of 33.8%.
The dialysis device and concentrates market grew considerably to US$ 20,858 million in 2022.
The dialysis device and concentrates market expanded with a CAGR of 3.1% between 2018 to 2022.
By 2033, China’s dialysis device and concentrate market are projected to develop with a CAGR of 6.5%.
By 2033, India’s dialysis device and concentrates industry is projected to expand with a CAGR of 3.1%.
Japan’s dialysis device and concentrates industry grew significantly, with a 1.6% share in 2022.
Australia’s dialysis device and concentrate market is likely to expand with a CAGR of 1.0% by 2033.
Germany’s dialysis device and concentrates business grew, with a share of 7.5% in 2022
In 2022, based on product, hemodialysis machines dominated the market, with a share of 34.2%.
In 2022, the hospitals’ segment led the market, with a share of 37.6%, based on end users.
Medtronic introduced a dialysis device for newborn and pediatric care in the United States in December 2020. Additionally, in January 2021, the United States Food and Drug Administration granted 510(k) clearance to Quanta Dialysis Technologies Ltd, a British medical technology leader developing cutting-edge dialysis products and services, allowing it to market its compact, easy-to-use SC+ hemodialysis system.
Rockwell Medical, Inc. stated in April 2022 that it had expanded its cooperation with DaVita Inc. and is revising some aspects of its supply contracts with clients to stabilize its concentrated business.
The SURDIAL DX Hemodialysis System was introduced in the US in March 2022 by Nipro Medical Company, a producer and seller of renal, vascular, and medical-surgical devices.
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Ammonium carbonate, also known as baker’s ammonia or spirit of hartshorn, is a chemical compound with the formula (NH4)2CO3. It is a white, crystalline solid that has been historically used in various applications, primarily in the food industry and in certain cleaning and medical processes.
Ammonium carbonate market is widely used in various as a leavening agent for baking goods. Manufacturers in the food sector are using food-grade ammonium carbonate since the demand for baked goods and crispy snacks with longer shelf-life is growing. The various benefits of food-grade ammonia above other chemical leavening ingredients for specific types of cookies are anticipated to fuel sales in the market.
Also, when compared to alternative leavening agents, the usage of food-grade ammonium carbonate results in a crispness that lasts longer. Furthermore, because food-grade ammonium carbonate is not extremely reactive at room temperature, it has a good bench tolerance, making it ideal for cookie dough storage. As a result, bakers are increasingly incorporating food-grade ammonium carbonate into products that require exceptional crispness and shelf life.
In addition to this, ammonium carbonate is used in the textitle industry for syeing and printing various fibers. These salts increase the fastness property of the pigment on fiber, especially wet fastness. Due to this reason, ammonium carbonate salt is used widely in the textiles industry.
As per Future Market Insights, the global ammonium carbonate market is estimated to expand at a 5.2% CAGR over the forecast period, reaching US$ 688 Million in 2022. With a favourable demand outlook, the market size will reach US$ 1.1 Billion by 2032.
“Increasing demand for ammonium carbonate in the pharmaceutical sector, along with ongoing expansion of the food and beverage sector across emerging economies are key factors expected to create opportunities for growth in the market,” – says an FMI analyst.
Key Takeaways:
The global ammonium carbonate market is expected to reach US$ 1.1 Bn by 2032, growing at a CAGR of 5.2% over the forecast period.
The rising demand for ammonium carbonate for various applications in the food industry is expected to propel the growth in the market.
Key players are focusing on increasing production capacity and expansion by setting up new plants to cater to the growing demand.
Ammonium carbonate is compatible for dyeing purposes to increase the fastness property of the fabric.
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
