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An Overview of the Global Sludge Treatment Chemicals Market: Size, Share, and Growth

The global sludge treatment chemicals market is projected to create an absolute dollar opportunity by exhibiting a steady CAGR of 4.6% throughout the forecast period from 2022 and 2032. The market is anticipated to be valued at around US$ 9,220.5 Mn in 2022 and is further projected to reach US$ 14,456.8 Mn by 2032.

According to the estimations of Future Market Insights (FMI), the overall sales in the sludge treatment chemicals market increased at around 5.0% year-over-year growth between 2015 and 2021. The widespread application of sludge treatment chemicals in industrial and municipal sectors is predicted to grow sales in the market.

Demand for waste treatment chemicals is anticipated to witness growth at a healthy CAGR of 4.6% across the projection period. The rising adoption of industrial sludge chemicals is one of the primary factors boosting sales in the market. Approximately 40% of the sludge produced globally comes from industrial sludge.

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Key Takeaways

Rising consumption of flocculants, coagulants, disinfectants, anti-foulant and others for industrial treatments and municipal waste treatment is expected to push sales over the assessment period. One of the key driving factors in the sludge treatment chemicals market is its growing popularity in manufacturing sectors across India, Brazil, and ASEAN countries.
Widespread awareness of water conservation and its increased activities by municipal corporations, industrial bodies, and other government & environmental associations is driving the demand. In addition to that, the use of diverse multifunctional chemicals including copolymers of AETAC, which are capable of performing functions by coagulating and flocculating with high molecular weight will improve the growth.
The industrial sector requires eco-friendly formulations in order to reduce the wastage of toxic chemicals aiding the growth in the sludge treatment chemicals market. With the rising number of industries in developing regions such as Asia and the Middle East will result in better sludge production across the industrial sector.
At present, it is prohibited to dump waste produced directly in water bodies or on land. Due to stringent government regulations, companies are striving to decrease the toxicity of the industrial sludge thus boosting the demand in the sludge treatment chemicals market.
Several governments have established various standards for treating sewage sludge which is applicable to agricultural soils. It has also been made mandatory for the commercial sector to inculcate sustainable development as a part of the corporate plan.
North America is anticipated to remain a dominant region in the global sludge treatment chemicals market, accounting for a big chunk of the global market share. South Africa is predicted to witness the fastest growth owing to the rapid expansion of the industrial sector and rising focus on waste treatment.

Competitive Landscape

The key market players in the global sludge treatment chemicals market are focusing on mergers and acquisition activities leading to industry consolidation. Key players in the market reside in North America and Europe where most of the activities are undertaken.

The industry is predicted to be a fairly consolidated market and it is also expecting to consolidate new market players. Key Players – BASF SE, Chembond Chemicals Limited, GE Water and Process Technologies, Kurita Water Industries Ltd., Ion Exchange, Kemira Oyj, AkzoNobel N.V., Solenis, Thermax Ltd., Veolia Water Technologies, Accepta Advanced Environmental Technologies, Hubbard-Hall Inc, Beckart Environmental, Ecolab Incorporated

More Insights into the Sludge Treatment Chemicals Market

The U.S. is expected to dominate the North American region due to the rising investments in waste treatment, rapid industrialization, and development in the manufacturing sector. The overall sales of sludge treatment chemicals in the U.S. accounts for 23.2% of the global market.

The sludge treatment chemicals market is anticipated to witness growth in the U.S. due to its diverse industrial application in pulp and paper, food and beverages, oil & gas, automotive, and several other industries. In addition to that, the establishment of waste treatment generated from houses and commercial places in the U.S. is anticipated to bolster the demand.

According to the FMI analysis, development in the manufacturing sector and increased spending in the municipal waste treatment chemicals market are expected to portray lucrative growth opportunities in developing countries like India.

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Sludge Treatment Chemicals Market by Category

By Product Type:

Flocculant
- Cationic
- Anionic
Coagulant
- Organic
- Inorganic
Disinfectant
Anti Foulant
Anti Foamer
Activated Carbon

By Treatment:

Primary
Tertiary

By Application:

Industrial
- Paper and Pulp
- Food and Beverage
- Oil & gas
- Metal Processing Industry
- Chemical and Fertilizer
- Automotive
- Others
Municipal

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Africa Zero Liquid Discharge System Market is anticipated to reach US$ 27.7 Mn in 2021, increasing at a positive 5.4% CAGR by 2031.

The Africa Zero Liquid Discharge System Market is projected to be valued at US$ 27.7 Million in 2021 growing at a CAGR of 5.4% from 2021 to 2031.

The COVID-19 outbreak in 2020 reduced CAPEX investments and process equipment installations across a range of end-use industries. However, FMI predicts that sales of zero liquid discharge systems in Africa will increase due to gradually rising production rates and diminishing water intake resources.

In addition to this, stringent regulations regarding effluent management and discharge guidelines issued by regional authorities are propelling the adoption of zero liquid discharge systems in Africa, enabling lucrative growth prospects in the market in forthcoming years.

Owing to rising demand for zero liquid discharge systems, market players are offering aftersales services, complete installation, pre-packed systems, and robust aftersales services to gain a competitive edge in the market. This factor is driving developments and technological advancements in ZLD systems, which in turn is fostering sales of the same.

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Increasing scope of zero effluent discharge and provision of reuse in process stages is driving sales of hybrid zero liquid systems over conventional effluent management systems. Hybrid zero liquid discharge systems offer high efficiency and reduce energy consumption, while offering long term economic benefits.

Besides this, expansion of chemicals, petrochemicals, mining & metallurgy, and textile industries will continue spurring demand for zero liquid discharge systems in the forthcoming years.

“New system installations and overhauling of traditional effluent treatment plants will positively shape the demand outlook for zero liquid discharge systems over the forecast period. Along with this, increasing investments in the energy, mining and pharmaceutical industries will create lucrative prospects for market players in forthcoming years,” says the FMI analyst.

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Key Takeaways:

Based on system type, conventional ZLD segment is estimated to account for over 60% of the market share in 2021.
Applications of ZLD systems in mining & metallurgy are anticipated to gain traction. The segment is projected to grow high CAGR of over 5.5% in 2021.
Northern Africa and Southern Africa have been estimated to be the leading regional markets in terms of revenue generation, valued at US$ 10.9 Mn in 2021.
Namibia is anticipated to emerge as an attractive market, accounting for 27.5% of the African zero liquid discharge system market share.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us :

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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Future Outlook for the Rare Earth Metals Market: Opportunities and Challenges

The rare earth metals market is valued at US$ 5.6 billion as of 2023. The market is projected to grow at a CAGR of 10.1% during the forecast period, and by 2033, the market is expected to reach a valuation of US$ 14.6 billion.

The surging demand for rare earth metals can be ascribed to the increase in the sales of consumer electronics. Be it smartphones or laptops. These metals are used in the speakers of these devices. Apart from that, the key players in the electronics sector are betting on the high-temperature resistance offered by these metals, which allows them to function with higher efficiency.

Furthermore, growth in the sales of electric vehicles is also expected to surge the demand for rare earth metals during the forecast period. This is owing to the fact that rare earth metals assist in miniaturizing the size of the circuit, which makes electric vehicles work using lesser components.

Moreover, rapid urbanization worldwide is also expected to surge the market growth of rare earth metals. This is owing to the fact that rare earth metals are used in the construction industry as well. Apart from this, rare earth metals are also used in the process of digitization, which is happening at a rapid rate in developing countries.

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Even the healthcare sector has seen a surge in the application of rare earth metals. These are specifically used for manufacturing MRI machines, insulin pumps, pacemakers, etc. Apart from that, these are also used as high-strength aluminum alloys, metal halide lamps, etc.

Additionally, the majority of the companies are looking to work on the idea of sustainability, as a result of which they are developing plans to cut down emissions. Thus, these firms have started adopting renewable sources of energy. The implementation of rare earth metals supports the functioning of renewable energy systems, which is expected to further surge their market growth.

Thus, from the insights delivered by FMI researchers, it can be inferred that “an increase in the adoption of electric vehicles, coupled with the increased application across sectors and a number of other factors are expected to surge the rare earth metals market share during the forecast period.”

Key Takeaways:

The market of rare earth metals is expected to surge at a CAGR of 10.1% during the period 2023-2033.
The rare earth metals market is valued at US$ 5.6 billion as of 2023.
By 2033, the market is expected to reach a valuation of US$ 14.6 billion.
As per the regional analysis, Asia Pacific is the largest rare earth metals market, having a share of nearly 70% in 2022.
Based on the country-wise analysis, China market is the largest market, and is expected to grow at a CAGR of 11.6%.
The USA market is anticipated to grow at a CAGR of 7.5%.
Brazil market is expected to grow at a CAGR of 5.3%.
India rare earth metals market is expected to grow at a CAGR of 10%.
Japan market is projected to grow at a CAGR of 7.4%.
As per application, the magnets segment is expected to have the highest market share during the forecast period, growing at a CAGR of 10.2%.
As per metal type, the neodymium segment is expected to have the highest market share during the forecast period, growing at a CAGR of 10.8%.

Companies Profiled

Arafura Resources
Lynas Rare Earths
Alkane Resources
China Northern Rare Earth (Group) High-Tech Co., Ltd,
RISING NONFERROUS METALS CO., LTD,
China Minmetals Rare Earth Co., Ltd,
Beijing Zhongke Sanhuan High-tech Co. Ltd.

Competitive Landscape

The key players operating in the rare earth metals market are mainly focusing on merging with other key players tap into each other’s crucial resources. Apart from that, the market is also witnessing strategic collaborations with players from the other niches.

Some of the recent developments in the rare earth metals market are:

In August 2022, the Arafura Resources examined pathways to decarbonisation and how Mining, Oil & Gas companies can prosper in a low carbon world using innovative solutions & emerging cost-effective technologies.
In July 2022, Lynas Rare Earth was shortlisted for prestigious WA Golden Gecko environmental excellence award.

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Rare Earth Metals Market Segmentation

By Application:

Catalysts,
Permanent Magnets,
Metallurgy and Alloys,
Polishing,
Glass,
Phosphors,
Ceramics,
Others

By Metal Type:

Neodymium,
Yttrium,
Dysprosium,
Terbium,
Europium,
Cerium,
Lanthanum

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Exploring the Global Pearlescent Pigment Market: Trends and Forecasts

The global pearlescent pigment market is expected to poise an impressive CAGR of 4.0% over the assessment period from 2022 to 2032. The market is projected to garner a total revenue of US$ 3,601.70 Mn by the end of 2022 and is anticipated to surpass US$ 5,331.4 Mn by 2032.

Predominant influence on the market is by certain industrial and innovation factors including growth in automotive, paints and coatings, and plastic industry and investment in product development. According to the historic evaluations, the pearlescent pigment market witnessed a growth outlook of around 4.2% CAGR over the period between 2015 and 2021.

However, a significant surge has been witnessed in demand for pearlescent pigments, particularly for application in the printing and food packaging industry. Owing to these factors, the demand for the pearlescent pigment market is anticipated to reach US$ 5,331.4 Mn by 2032. Sales in the market are projected to expand by nearly 1.5x over the forecast period (2022-2032).

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On the basis of regional segmentation, the East Asian region is predicted to remain prominent in the consumption of pearlescent pigment. The south Asian market is expected to witness a positive growth outlook, especially in emerging countries like India.

Attributing to the growing applications in various industries including personal care and paints & coatings industries, the global pearlescent pigment market is expected to have higher demand over the years. The global consumption of pearlescent pigment is estimated to be around 6-8% of the overall pigments market.

Key Takeaways

Owing to the expansion of the automotive industry all over the world, combined with the rising purchasing power, there is a significant surge in the demand for luxury passenger cars in the global landscape. With a surging preference for aesthetically pleasing finishing touches, the automakers are choosing colors that are trending among millennials and Gen-Zs as they are eye pleasing. This is resulting in increased sales of pearlescent pigments in the market.
As compared to organic pigments, pearlescent pigments are expensive as they are used to attain high luster and a premium finish for luxury cars. Thus, the aforementioned factors are in turn driving demand in the pearlescent pigments market.
Widespread application of borosilicate glass flake pearlescent pigments in various cosmetics including lip gloss is predicted to bolster growth in the market. The utilization of glass flake pearlescent pigment in lip products is expected to increase significantly over the upcoming decade.
There are several other applications of glass flake pearlescent pigments in the cosmetics industry, especially for lip, eye, face, nail, and other personal care products that are above the roof. Since these pigments help in moderately diffusing ambient light in order to help reduce the appearance of wrinkles, the demand is in the pearlescent pigment market.
Owing to the different color index and special mica and metallic pigments utilization, it is expected to lead to the growth of such an extensive variety of pearlescent pigments. In addition to that, the rising application of pearlescent pigments in digital printing for quality of dispersion, viscosity, and consistency is another versatile trend observed in the pearlescent pigments market.
The packaging industry is expected to strive to meet the increasing demand for high-quality graphics, which in turn is aiding the demand in the pearlescent pigment market. Moreover, synthetic mica, being a substrate material also provides a relatively higher level of transparency and lower impurities as compared to natural mica.

Competitive Landscape

Prominent players in the market are focusing on surging their manufacturing capacities and are extensively setting up their manufacturing units, sales offices, and distribution channel in emerging economies to boost their sales, especially in emerging economies.

Key participants are also focusing on the acquisition of small and medium-sized manufacturers to enhance their annual turnover. Some of the leading players are also focusing on tailored product offerings as per the specific requirements of the end-use industries.

Key Companies Profiled

BASF SE
Sudarshan Chemical Industries Ltd
Merck KGaA
DIC Corporation
ALTANA AG
Fujian Kuncai Material Technology Co., Ltd
CRISTAL
Shanghai Zhuerna High-Tech Powder Material Co., Ltd
Oxen Special Chemicals Co., Ltd
Huaian Concord Industrial Product Co., Ltd.

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Pearlescent Pigment Market Segmentation

By Purity Type:

Natural Pearl Pigment
Synthetic Pearl Pigment
Glass Flake Pearl Pigment

By Structure Type:

Substrate-free
Monolayer
Multilayer

By End-use Industry:

Automotive Paints
Paints & Coatings
Personal Care
Plastic Industry
Printing
Others

More Insights into the Pearlescent Pigment Market

According to FMI studies, a significant development in the industrial sector all over the U.S. is expected to result in an upsurge in pearlescent pigment production.

It has been widely adopted in various industries such as automotive, paints, and coatings, and plastic compounding will also spur the demand for pearlescent pigment. Backed by this, the U.S. is estimated to account for around 27% of the global market share.

Demand for pearlescent pigment is predicted to surge in China with a phenomenal CAGR of 6.4% over the projection period. Owing to the significant growth in the construction sector, development in the paints and coatings industry, growth in the plastic industry and significant rise in the automotive industry are the key driving factors in the China pearlescent pigment market.

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Rising Demand for Iron Oxide in Construction Industry: A Market Overview

The global iron oxide market is anticipated to reach a value of US$ 3,775 Mn in 2032, with the market growing at an average CAGR of 4.1% from the forecast period of 2022 to 2032. Driven by escalating consumption in paints & coatings, plastic manufacturing, and construction industries, the iron oxide market is expected to reach an estimated US$ 2,525.85 Mn in 2022. Textiles, ceramics, and other end-use industries are also contributing to the growing demand for iron oxide in the global market.

The continuous urbanization process occurring all over the world as well as the rapidly expanding construction industry and increasing investment in infrastructure development amplify the consumption of iron oxides in the forthcoming years.Characteristics like superior chemical stability, dispersibility, and high thermal stability, further augment the demand of iron oxides in the paints & coatings and construction industries.

An inorganic pigment with excellent properties like good resistance to UV rays, high thermal stability, and high dispersibility promote iron oxides’ use the development of numerous construction materials such as cobblestone, roof tiles, floor tiles, and concrete. It has a remarkable chemical structure that is insoluble in water and immune to acids & alkalinity of cement and lime. The rising construction activities, particularly in emerging economies, will likely aid the market growth of iron oxides in the following decade. Different construction firms are embracing green construction projects to create sustainability. This stimulates opportunities for iron oxide as it is an environmentally friendly raw material that is used for construction activities. These factors are driving the sales of the product in the global market during 2022-2032.

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The unique ability of iron oxide to absorb ultraviolet radiation, stop the degradation of base material, its inexpensiveness, high purity, strong thermal stability, and good compatibility with other ingredients are factors that promote the adoption of iron oxide in various industrial verticals. Iron oxide also has a great concealing power, impermeability to UV rays, water solubility along with great adhesive quality and anti-rust properties. This increases the robustness of paint films and ensures the product’s usage in a variety of outdoor paint applications.

“Rising usage of iron oxide in paint & coatings, construction & buildings are driving the global market expansion of iron oxide market over the forecast period,” says an FMI analyst.

Key Takeaways:

Rising adoption of iron oxide in beauty and cosmetics sector to stimulate market opportunities.
High costs and strict regulations may hamper the market growth.
Paints and coatings sector to drive the market growth in the U.S.
Germany will account for a 6.7% share of the iron oxide market.
By type, red powdered iron oxide to register high demand.

Competitive Landscape

Lanxess AG, Huntsman International LLC, Cathey Industries, Toda Kogyo Corporation, Alabama Pigments Company, LLC, Jiangsu Yuxing Industry and Trade Co. Ltd., Golccha Pigments Pvt. Ltd., Shenghua Group Deqing Huayuan Pigment Co. Ltd., Tata Pigments Company, Yaroslavsky Pigment Company, and Hunan Three-Ring Pigments Co. Ltd among others are some of the major players in the iron oxide market profiled in the full version of the report.

Leading market players are interested in developing new formulations of iron oxides as well as producing and developing more sustainable iron oxide solutions. Some other enterprises are focusing on manufacturing different grades of iron oxide and expand their production capacity to cater to a large consumer base and strengthen their market presence.

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More Insights into Iron Oxide Market Report

In its latest report, FMI offers an unbiased analysis of the global iron oxide market, providing historical data from 2014 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type (red, yellow, black, brown, orange, green, other blends), application (construction, paint & coatings, plastics, chemicals, paper & pulp manufacturing, textile, ceramics, leather, other (fertilizer, cosmetics, rubber)), and region.

According to the latest FMI reports, based on region, the iron oxide market in the U.S. is expected to present substantial growth over the forecast period. The market in this country is likely to grow at a very fast pace. Heightened demand for the product in paints & coatings, plastics, and construction are propelling the market growth in this region. With steady rise in residential construction activities, the demand for iron oxide is likely to escalate in the U.S. during the upcoming decade. Germany, too, will experience notable growth in the target market owing to the surging sales of synthetic iron oxide pigments which are in high demand in the plastic industry.

Based on segmentation, by product type, the red powdered iron oxide will register high demand in the global space over the forecast period.

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Angiography Devices Market is poised to flourish at a 6.2% value CAGR from 2022 to 2032

The global Angiography Devices market sales is expected to reach US$ 12,116.7 million in 2022, with expansion driven by increased application opportunities and technical improvements. Overall sales of Angiography Devices are predicted to expand at a compound annual growth rate (CAGR) of 6.2% between 2022 and 2032, reaching roughly US$ 22,112 million by 2032.

Angiography is a medical imaging technology that allows for the visualisation of blood vessels in order to detect narrowed, obstructed, or enlarged arteries or veins in the body. This treatment may require local or general anaesthesia and may entail the use of several imaging technologies such as magnetic resonance imaging, computed tomography, X-ray, and others. The higher image quality of angiography compared to traditional approaches is boosting the adoption of Angiography Devices, notably for heart-related illnesses.

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Because of its effectiveness, few side effects, and quick length of outcomes, MRI and CT Angiography Devices are predicted to dominate the market. In industrialised countries, the commercialization of sophisticated imaging technology, paired with increased patient affordability, is broadening the scope of hybrid Angiography Devices. The market in developing nations, on the other hand, is somewhat saturated, and demand for Angiography Devices may decline. However, market growth is projected to be fueled by the replacement of older devices.

Angiography Devices Market: Overview

By device, the angiography device market was dominated by more advanced technologies such as MRI and CT, owing to their high efficiency over conventional technologies. Recently launched, Real-time 3D echocardiography by Siemens Healthcare is one of the key development in Angiography Devices market, which is used to diagnose various heart and coronary conditions. By procedure, coronary angiography and pulmonary angiography are the dominating procedure, owing to its high prevalence. By end-users, hospitals and surgical centers hold promising share, followed by diagnostic centers. This is due to premium pricing of Angiography Devices, which is unaffordable for the medium scale diagnostic centers. By disease indication, Coronary Artery Disease (CAD) is the leading segment due to its high incidence and absence of alternative diagnostic technique.

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Angiography Devices Market: Drivers and Restraints

Increasing CVD incidences, an ageing population, a dysfunctional lifestyle, and a growing demand for sophisticated diagnostic procedures are driving the global growth of the Angiography Devices market. Additionally, rising awareness for cardiovascular disease diagnosis and treatment, as well as favourable government regulation to commercialise Angiography Devices, are driving the growth of the Angiography Devices market. High-cost Angiography Devices, a lack of reimbursement, and unaffordability in emerging economies are some of the factors impeding market growth. However, companies in this market are actively focusing on the commercialization of low-cost systems in order to capture the largest market share in emerging economies.

Angiography Devices Market: Key Players

Leading players operating in Angiography Devices includes Abbott Vascular (Abbott Laboratories), Toshiba Medical Systems Corporation, Royal Philips Electronics, GE Healthcare, Medtronic, Inc., Cordis Corporation, Shimadzu Corporation, and Siemens Healthcare. Companies operating in this market are seeking for novel product to gain core competencies in the market. These companies are also conducting collaborative studies with the clinical research institutes to sustain their market position.

More Insights Available:

The Asia Pacific area is expected to rise significantly due to an increase in the number of CVD cases, as well as increased investment in the region’s healthcare system, which will result in the availability of necessary medical facilities. According to FMI, the Asia Pacific Angiography Devices market would grow at a CAGR of 6%.

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Angiography Devices Market: Segmentation

The global Angiography Devices market is segmented based on, device, product type, application, procedures, end use and indication.

Based on devices, the global Angiography Devices market is segmented into the following:

Angiography Devices Market by Device:

Magnetic Resonance Angiography (MRA) Devices
Computed Tomography Angiography (CTA) Devices
Conventional Angiography Devices
Digital Subtraction Angiography (DSA) Devices
Catheter Angiography Devices
Coronary Angiography Devices
Other Angiography Devices

Angiography Devices Market by Procedure:

Coronary Angiography
Pulmonary Angiography
Cerebral Angiography
Extremity Angiography
Renal Angiography

Angiography Devices Market by End User:

Angiography Devices for Hospitals and Surgical Centres
Angiography Devices for Diagnostics Centres
Angiography Devices for Academic and Research Institutes

Angiography Devices Market by Indication:

Angiography Devices for Coronary Artery Disease (CAD)
Angiography Devices for Congenital Heart Disease
Angiography Devices for Congestive Heart Failure
Angiography Devices for Kidney Disorders
Angiography Devices for Other Indications

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Multiple Unit Pellet Systems Market Forecast 2022 to 2032 | By Formulation, Dosage Form, Drug Class, Distribution Channel & Region

The global Multiple Unit Pellet Systems market size will be worth US$ 3.58 billion by 2022, according to Future Market Insights. is predicted to grow at a 3.5% CAGR between 2022 and 2032, with a market capitalization of US$ 5.07 billion in 2032.

The advantages of pellet-filled capsules and tablets are combined in multi-particulate pellet formulations (MUPS). When taken as tablets, MUPS quickly disintegrate into their subunits and begin diffusing them over the stomach and small intestine.

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MUPS systems have advantages over simple tablets or capsules, such as better dose management and less irritation of the digestive mucosa produced by drug disintegration in simple units. The multiparticulate technology permits medications that would otherwise be incompatible to be administered. These dosage forms are gaining transactions during the expected period due to their high patient compliance.

Unlike typical delivery systems, prolonged or delayed-release MUPS formulations disperse drugs at a predefined rate, hence extending the therapeutic effect. Furthermore, delayed release of multi-particulate formulations may be used in intestinal drug delivery systems to reduce dose dumping and dosage variability across individuals.

Key Takeaways from Market Study

Extended-release dosage forms are the market leader in terms of formulation, accounting for around 47.1% of the value share in 2021.
By dosage form, capsules lead the global Multiple Unit Pellet Systems market and are expected to grow at a CAGR of 3.3% through 2022 and beyond.
The proton pump inhibitors market is expected to grow at a 3.6% CAGR over the forecast period.
By 2032, hospital pharmacies will account for roughly 31.4% of overall demand.
North America is expected to dominate the global MUPS market, with the US accounting for a large share.

“Increasing demand for gastro retentive drug delivery systems and rapid rise in demand for modified release MUPS products, is set to propel the demand of Multiple Unit Pellet Systems across the globe,” says an analyst of future market insights.

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Market Competition

Leading companies in the market for MUPS are implementing a variety of key category, such as new launches, mergers and acquisitions, partnerships, and collaborations, to boost their market presence and expand their existing product portfolio.

For example, Perrigo Company plc’s Proton pump inhibitor including delayed-release Mini Capsule, 20 mg OTC obtained official approval from the USFDA in May 2022. The drug will be sold under store brand names that are similar to the pharmacy’s Prilosec OTC.
In March 2020, SPI Pharma added Mannogem XL Opal, Mannogem XL Ruby, Mannogem Emerald, and Mannogem Onyx to its line of Mannogem Mannitol products for usage in a variety of patient-friendly oral dose forms. Manufacturers may effectively construct complex dosage forms, such as MUPS and controlled-release ODTs, with the help of Mannogem XL Opal and Ruby.

Key Players:

AstraZeneca plc
Merck KGaA
Janssen Pharmaceuticals, Inc. (Johnson & Johnson)
Galderma SA
Novartis AG
GlaxoSmithKline Plc
Perrigo Company Plc.
Cipla Ltd.
Astellas Pharma Inc.
Takeda Pharmaceutical Company Ltd.
Eli Lilly and Company
Dr. Reddy’s Laboratories Ltd.
Endo International Inc.
Mylan Pharmaceuticals Inc.
Teva Pharmaceuticals Ltd.
AbbVie (Allergan)
GlaxoSmithKline Plc
Bayer AG

More Insights Available

The North American region is expected to dominate the multi-unit pellet system market due to the presence of a well-established pharmaceutical industry, high healthcare expenditure, and favorable government initiatives to promote drug development. The United States is the largest market for MUPS in the region.

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Key Market Segments Covered in Multiple Unit Pellet Systems Industry Research

By Formulation:

Extended Release Dosage Form
Delayed Release Dosage Form
Delayed Release Orodispersible Dosage Form
Others

By Dosage Form:

Tablets
Capsules
Sachets
Others

By Drug Class:

Anti-Hypertensive
Proton Pump Inhibitors
Antibiotics
Analgesics
Others

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Pharmacies

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Breast Cancer Drugs Market In-depth Analysis 2022 to 2032 | By Pfizer, AstraZeneca, Novartis, AbbVie

The global Breast Cancer Drugs market size is expected to be worth US$ 11,750.33 million by 2032, with sales increasing at a 1.1% CAGR from 2022 to 2032. In 2022, the target market is anticipated to be worth US$ 10,637.42 million. Rising breast cancer rates, the development of innovative medicines, and increased awareness of the benefits of early identification of the disease are all factors driving the growth of the breast cancer drug market during the forecast period.

From 2022 to 2032, the global breast cancer medicine market will exhibit consistent growth and expansion. The target market is being supported by increased research activity on improved chemotherapeutic medications and targeted therapies, which have become main priorities for many medical centres throughout the world. Breast cancer is the fifth greatest cause of mortality in women, accounting for almost 627,000 deaths per year, according to the International Agency for Research on Cancer (IARC) report issued by the World Health Organisation (WHO) in 2021.

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Furthermore, various governments and non-profit organisations are working ceaselessly and organising programmes to raise awareness and provide financial assistance to breast cancer patients. Again, new generation medicines and bio-similar versions will help the target market grow. Other factors driving the breast cancer drug market throughout the forecast period include physical inactivity, environmental circumstances, lifestyle, and hormonal changes associated with ageing.

“Heightened emphasis on the development of effective treatment procedures and advanced drugs will supplement the global growth of the Breast Cancer Drugs market over the forecast period,” says an FMI analyst.

Key Takeaways:

Implementation of strict regulations coupled with a lack of accessible medical attention may limit the growth of the Breast Cancer Drugs market
In 2022, North America’s Breast Cancer Drugs market will account for 52.1% of the overall market share.
Various patient support programs and campaigns regarding breast cancer awareness will drive the market growth in Europe.
By disease indication, the HER2-positive segment will likely remain the key revenue generator during the forecast period.
The CDK 4/6 inhibitor segment will be the fastest growing segment during 2022 to 2032.

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Competitive Landscape

Hoffmann-La Roche Ltd, Pfizer Inc., AstraZeneca, Novartis International AG, Achieve Life Science, Bristol-Myers Squibb, Eisai Co. Ltd, AbbVie, Eli Lilly & Company, Celgene Corporation, Merck & Co., Amgen Plc., Celldex Therapeutics, and Biocon Genzyme Corporation among others are some of the major players in the Breast Cancer Drugs market profiled in the full version of the report.

Leading market players are focusing on product development and new product releases. These firms employ strategic agreements and increased R&D activities to gain a competitive edge.

More Insights into Breast Cancer Drugs Market Report

In its latest report, FMI offers an unbiased analysis of the global Breast Cancer Drugs market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032.

According to the latest FMI reports, based on segmentation, the CDK 4/6 inhibitor will register the fastest growth during 2022 to 2032. This segment will perform well in the global market place owing to the fact that these drugs help improve survival rates in patients with metastatic breast cancer.

Based on region, the Breast Cancer Drugs market in North America will demonstrate impressive growth over the assessment period. The target market in this region will hold a share of 52.1% in 2022. Increasing breast cancer cases, introduction of novel and innovative treatment procedures, and supportive governmental policies will further aid the growth of the target market. In addition to North America, Europe and Asia Pacific will also exhibit remarkable growth in the Breast Cancer Drugs market during the forecast period.

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Key Segments Covered in the Breast Cancer Drug Industry Analysis

Breast Cancer Drug Market by Drug Class:

SERM (Selective Estrogen-Receptor Modulators)-based Breast Cancer Treatment
Aromatase Inhibitors-based Breast Cancer Treatment
Biologic Response Modifiers-based Breast Cancer Treatment
Other Hormonal Therapies-based Breast Cancer Treatment

Breast Cancer Drug Market by Distribution Channel:

Breast Cancer Drugs Sales via Hospital Pharmacies
Breast Cancer Drugs via Pharmacies
Breast Cancer Drugs via Drug Stores

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Cardiopulmonary Bypass System Market Overview 2022 to 2032 | By Minnetronix, Terumo, Eurosets, Thoratec

The global Cardiopulmonary Bypass System market size is estimated to be worth US$ 271 million by 2032, up from US$ 192 million in 2022, at a CAGR of 3.2% over the forecast period.

The rising expense of treating severe illnesses like heart disease is likely to drive demand for cardiopulmonary bypass devices. However, the undesirable side effects of bypass procedures are likely to limit their use. Rapid technological improvements, on the other hand, are anticipated to drive industry advancement and present market participants with inventive opportunities.

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Roller cardiopulmonary bypass pumps are predicted to gain in the Cardiopulmonary Bypass System market share due to its benefits. These advantages include lower pricing, simplicity, ease of use, dependability in flow computation, and increased resistance without diminishing flow.

Cardiopulmonary Bypass System Infection Market: Drivers and Restraints

The rising prevalence of cardiac diseases and the growing older population are the key factors driving the growth of the Cardiopulmonary Bypass System market. Increased healthcare spending and disposable income are propelling the Cardiopulmonary Bypass System market forward. Favourable reimbursement regulations and increased government support from emerging countries have assisted the market spread of the Cardiopulmonary Bypass System. NGO cardiac disease awareness activities are minor market drivers for the Cardiopulmonary Bypass System. New breakthrough technologies and increased product releases for Cardiopulmonary Bypass System have fueled market expansion. On the other hand, the high cost of cardiac surgery, as well as the risk of operation failure, may hinder the growth of the Cardiopulmonary Bypass System market.

Cardiopulmonary Bypass System Market: Overview

During the forecast period, the rising prevalence of cardiac disorders is expected to generate considerable growth in the worldwide Cardiopulmonary Bypass System market. The need for Cardiopulmonary Bypass Systems has increased as the number of patients undergoing cardiac surgery has increased. These systems are classified according to their product type, mode of operation, and end user. Conventional Cardiopulmonary Bypass System and Cardiopulmonary Bypass System are the two types of Cardiopulmonary Bypass Systems.

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The traditional Cardiopulmonary Bypass System is likely to dominate in terms of market value. Based on end-user, the Cardiopulmonary Bypass System market is divided into hospitals, ambulatory surgery centres, and cardiac research centres. Hospitals are expected to have the largest market share in terms of value among all end-users. Manufacturing enterprises producing low-cost Cardiopulmonary Bypass Systems may give a potential for market expansion in low-income countries.

Cardiopulmonary Bypass System Market: Regional Overview

Global Cardiopulmonary Bypass System are classified into seven key regions based on regional presence: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and the Middle East and Africa. Because of its extensive healthcare infrastructure and favourable reimbursement scenario, North America is the most profitable market for Cardiopulmonary Bypass System. Following North America, the market for Cardiopulmonary Bypass System is followed by Western Europe and Asia-Pacific excluding Japan. Because of the high prevalence of cardiac diseases and the growing geriatric population in the APEJ region, India and China are the major markets for Cardiopulmonary Bypass System.

Cardiopulmonary Bypass System Market: Key Players

Examples of some of the market participants in Cardiopulmonary Bypass System market identified across the value chain include Sorin Group, Braile Biomedica, Transonic, Spectrum Medical, Minnetronix, Inc., Medtronic plc., MAQUET Holding B.V. & Co. KG. and others. Major market players of Cardiopulmonary Bypass System market are focusing on mergers and acquisitions to retain their market share.

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Cardiopulmonary Bypass System Market: Segmentation

The global Cardiopulmonary Bypass System market is classified on the basis of product type, modality, end user, and region.

Based on product type Cardiopulmonary Bypass System market is segmented into following:

Conventional Cardiopulmonary Bypass System
Mini Cardiopulmonary Bypass System

Based on modality, Cardiopulmonary Bypass System market is segmented into following:

Standalone
Portable

Based on end user Cardiopulmonary Bypass System market is segmented into following:

Hospitals
Ambulatory Surgical Centers
Cardiac Research Centers

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Heat Shrink Tubing and Sleeves Market is anticipated to reach US$ 1,879 Mn in 2021, growing at a healthy 5.9% CAGR from 2021 to 2031

The heat shrink tubing and sleeves market is anticipated to reach US$ 1,879 Million in 2021, growing at a healthy 5.9% CAGR from 2021 to 2031.

Sales of heat shrink tubing and sleeves are primarily driven by global industrial sectors’ quick technological advancements as well as rising investments in mechanical equipment. Sales of heat shrink tubing and sleeves will also be boosted in the coming years by OEMs’ specialised solutions and the widening of their distribution networks.

Due to the outbreak of the novel coronavirus, the demand for heat shrink tubing and sleeves plummeted in the first quarter of FY’2020. However, with improvements in the supply chain and resumption in production activities in end-use industries, steady recovery of the heat shrink tubing and sleeves market is on cards. FMI projects the market to grow year-over-year by 4.7% between 2020 and 2021.

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Heat shrink tubing and sleeves effectively protect wires and cables from abrasion, wear and tear, and external stress. These benefits are propelling their applications in various end-use sectors such as telecommunications, automotive, aerospace and defence and transportation.

Growing concerns regarding environmental protection in various countries are ushering product developments in the global heat shrink tubing and sleeves market. Consumers and manufacturers increasingly prefer cost-effective eco-friendly alternatives and recycled plastic products, creating avenues for product portfolio expansion for key market players.

FMI’s in-depth regional analysis projects the U.S. to dominate the North American heat shrink tubing and sleeves market. The presence of key market players and ongoing expansions of automotive, aerospace and defence sectors in the U.S. are anticipated to place the country as an attractive market in the upcoming years.

“Increasing electricity usage across various industries is translating into high demand for heat shrink tubing and sleeves. Apart from this, demand for safer alternatives for wires and cables in oil & gas and telecommunications sectors will continue driving sales of heat shrink tubing and sleeves in the forthcoming years,” says the FMI analyst.

Key Takeaways:

Based on material type, the polyolefin segment is anticipated to hold 13.2% of the total heat shrink tubing and sleeves market share.
based on product type, sales of tubing will continue rising. The segment is projected to create around US$ 659.5 Mn incremental opportunity in 2021.
In terms of length, sales of standard length (1.2 meters) heat shrink tubing and sleeves are anticipated to remain high.
Applications of heat shrink tubing and sleeves in the energy sector will continue gaining traction in the energy sector. The energy sector is anticipated to hold 14.9% of the total market share in 2021.
Based on the sales channel, OEMs are estimated to account for 59% of the total heat shrink tubing and sleeves sales.
The U.S. is projected to hold approximately 67% of the North American heat shrink tubing and sleeves market share, emerging as an attractive market.
The Chinese heat shrink tubing and sleeves market is estimated to grow at a 6.1% CAGR over the forecast period.

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Competitive Landscape

Leading players operating in the global heat shrink tubing and sleeves market include HellermannTyton, Molex Electronic Software, Panduit, Shrink Sleeves Ltd., TE Connectivity, ABB Ltd., The 3M Company, Wurth Elektronik GmbH, Techflex, Artilabo International, Gremtek SAS, PEXCO, DSK-CANUSA, WKK Nederland B.V., Essentra PLC, Plastpolymer Prom LLC., Don-Polymer Ltd., and others.

The top 5 players operating in the market comprise ABB, 3M, TE Connectivity, Essentra plc and Wurth Elektronik GmbH, holding 52% of the total heat shrink tubing and sleeves market share.

As a part of their growth strategies, players are focusing on strategic collaborations, acquisitions, and mergers to expand their global footprint. In addition, investments in research and development for launching innovative and eco-friendly solutions will remain key growth strategies among market players. For instance:

In August 2021, TE Connectivity, a global leader in connectivity and sensors, expanded its product portfolio by launching the Dynamic 8000 series and Mini Series. The new product range comprises a high-quality crimp contact system and a robust housing structure for protection from harsh environmental factors.

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