Market Research Blog – Page 9024 – New Product Development

Clean Room Panels Increasing R&D Projects to Spell Growth of the Market

Future Market Insights (FMI) meets the needs of clients in the global healthcare, pharmaceutical, and medical device industries by providing 1000+ market research reports and 1 billion+ data points. FMI uses digital intelligence solutions to provide compelling insights to report buyers, assisting them in overcoming market challenges, particularly during a crisis. Our dedicated team of professionals conducts an extensive survey to gather accurate market information.

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FMI elaborates on the historical and current scenario of the global Clean Room Panels market in terms of production, consumption, volume, and value in its upcoming business report. The report divides the market into segments, regions, and players based on demand patterns and growth prospects.

The critical information and forecast statistics covered in the Clean Room Panels market report will provide both existing and emerging market players with the insights they need to craft long-term strategies and maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Clean Room Panels Market

The recent COVID-19 outbreak has focused attention on the healthcare industry, affecting the Clean Room Panels market. Severe shortages of critical medical supplies, combined with an increase in the number of COVID-19 cases, have resulted in a revolution rather than an evolution in healthcare ecosystems. As a result, the impact can be seen in the Clean Room Panels market.

Doctors are delaying or postponing elective surgeries unless absolutely necessary to prevent the spread of the virus to individuals with comorbidities or chronic conditions, in accordance with government measures, particularly social distancing norms and stay-at-home orders. Furthermore, movement restrictions and disruptions in supply chains have created a logistical nightmare for market participants, resulting in severe product shortages in the global marketplace.

The FMI report contains an interesting chapter on the preliminary impact of the COVID-19 on the market for Clean Room Panels. This enables both leading and emerging market players to comprehend the market scenario during a crisis and to make sound decisions to gain a distinct competitive advantage.

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Clean Room Panels Market: Segmentation

Valuable information covered in the FMI’s Clean Room Panels market report has been segregated into key segments and sub-segments.

By End user

Biotech & Pharmaceutical Industry
Food Industry
Electronic & Semiconductor Industry
Life Science and Medical Device Manufacturing
Research Institutes & Laboratories
Optical Industry
Hospitals
Others

By Product type

Cleanroom wall Panels
Cleanroom Ceiling Panels
Cleanroom Door Panels
Cleanroom Window Panels
Cleanroom Floor Panels

Clean Room Panels Market: Competition Analysis

The FMI study provides a thorough examination of the global, regional, and country-level players in the Clean Room Panels market. The competitive information detailed in the Clean Room Panels market report is based on each market player’s innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. The Clean Room Panels market report also includes the players’ growth strategies and mergers and acquisitions (M&A) activities.

Key players covered in the report include:

MRC Cleanrooms,
AES Clean Technology, Inc.,
PortaFab Corporation,
Pacific Panels Inc.,
American Cleanroom Systems,
Metecno Ltd.,
Fabtech Technologies International Ltd,
Terra Universal. Inc.,
Crane Composites, Inc.,
CGC Inc.

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Important Questions Answered in the Clean Room Panels Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Clean Room Panels market been expanding during the forecast period?
How will the global Clean Room Panels market look like by the end of the forecast period?
What innovative strategies are adopted by Clean Room Panels market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Clean Room Panels market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Clean Room Panels market

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.

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Peripheral Vascular Stents Market | Cost Structure Analysis and Forecast to 2028 – By FMI

According to the latest market report published by Future Market Insights, titled ‘Peripheral Vascular Stents Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’, the global peripheral vascular stents market is expected to expand at a CAGR of 6.6% over the forecast period 2022–2028.

FMI estimates that the global market for peripheral vascular stents is to be valued at US$ 2,822.5 Mn in 2022 and is expected to expand at CAGR of 6.6% over 2022–2028, to reach US$ 5,324.1 Mn by 2028 end. Based on product type, the self-expanding stents segment dominated the global peripheral vascular stents market, with over 52.1% value share in 2021.

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The segment is expected to grow at above 6.6% CAGR over the forecast period. North America is expected to maintain its dominance in the global market due to regulatory approval of several new products such as drug eluting stents in the U.S., Europe and Japan.

Increasing awareness of peripheral surgeries and prevalence of peripheral artery disease in developing countries such as India and Brazil remains the major factor driving the demand for peripheral vascular stents. Increasing in number end users and growing number of ambulatory surgical centres are the other major factors expected to drive the growth of the global peripheral vascular stents market.

An intravascular stent is a synthetic tubular mesh structure used for permanent implant in graft or native vasculature. A stent is basically designed to provide mechanical radial support after assigning; the support is meant to improve vessel patency over the life of the device. After the stent is placed in the intended location, it is expanded by a balloon or self-expanding mechanism.

Global Peripheral Vascular Stents Market: Segmental Forecast

The global peripheral vascular stents market has been segmented on the basis of product type, artery type, end user and regions. Globally, the self-expanding stents is expected to be the most attractive segment from the manufacturers’ point of view. Although there is a high demand for drug eluting stents and the segment leads in terms of market volume in the forecast period, high price of drug eluting stents would lead to low revenue contribution of the product type segment. Among all the artery types, high demand of peripheral stents is expected to come from iliac artery segment due to growing prevalence for peripheral artery disease in many countries across the globe.

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Global Peripheral Vascular Stents Market: Regional Analysis

In terms of value, the global peripheral vascular stents market is expected to expand at 6.6% CAGR over the forecast period of 2022–2028. With nearly 48.5% market share, North America dominated in the global peripheral vascular stents market in 2021, partly due to penetration of newly approved drug eluting stents in the U.S. Western Europe is expected to be the second large market globally, with the U.K., Italy, France and Germany being countries with high growth rates. APEJ is expected to be the second large market for peripheral vascular stents, primarily due to improving immunization access and availability of cost-effective surgeries.

Global Peripheral Vascular Stents Market: Competition Tracking

The market for peripheral vascular stents is consolidated with few players contributing over 55% of revenue share. The key players identified in the global market include Medtronic Plc., Becton, Dickinson and Company, Cardinal Health, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Abbott Laboratories, W.L. Gore & Associates Inc., and Cook Medical Inc., among others. Acquisition of established products to gain immediate growth is the key strategy adopted by key players in the market.

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Market Segmentation:

Peripheral Vascular Stents Market by Product Type:

Self-Expanding Stents
Balloon-Expanding Stents
Covered Stents
Drug-Eluting Stents

Peripheral Vascular Stents Market by Artery Type:

Carotid Artery
Fem-Pop Artery
Iliac Artery
Infrapop Artery

Peripheral Vascular Stents Market by End User:

Hospitals
Ambulatory Surgical Centers/Outpatients

Peripheral Vascular Stents Market by Region:

North America Peripheral Vascular Stents Market
Latin America Peripheral Vascular Stents Market
Europe Peripheral Vascular Stents Market
East Asia Peripheral Vascular Stents Market
South Asia & Pacific Peripheral Vascular Stents Market
Middle East & Africa (MEA) Peripheral Vascular Stents Market

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Phakic Intraocular Lenses (IOL) Market is set to Grow at a Remarkable Pace in the Coming Years

According to Future Market Insights, the global Phakic Intraocular Lenses (IOL) Market will reach US$ 344.4 Mn in 2021. Over the forecast period, sales are expected to grow at a 9.5% CAGR, with the market valued at US$ 819.5 Mn in 2032.

Phakic intraocular lenses are used to treat patients who have severe ametropia or are contraindicated for laser refractive surgery (pIOLs). The preservation of accommodation is the key feature that makes these lenses ideal for use in young adults seeking ocular prescription independence, as lens extraction is not required.

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Furthermore, as the number of people who are myopic has grown in recent years, this refractive correction option has grown in importance. Simultaneously, it is an important area of research in light of future estimates of the prevalence of simple myopia and, more importantly, severe myopia.

Although phakic intraocular lenses have some advantages over laser refractive surgery, such as reversibility, improved optical quality in high ametropias, and a wider range of correction, it is important to remember that it is a surgical procedure with all of the risks associated with intraocular surgeries, such as endophthalmitis.

“Advances in excimer laser procedures have presented a gateway into the development of implantable intraocular lenses with effective vision correction outcomes. Such developments are anticipated to auger well for the market over the forecast period,” says an FMI analyst.

Key Takeaways:

In 2021, the posterior chamber phakic IOL segment accounted for 68.0% of the total market share, a trend that is expected to continue through 2032.
Sales in the astigmatism segment are expected to grow at an 8.5% CAGR during the assessment period.
In terms of end user, the hospitals segment will continue to be the most profitable over the forecast period.
During the assessment period, the United States is expected to lead the North American phakic intraocular lenses market.
China’s demand is expected to grow at a CAGR of 10.5% through 2032.
Germany will emerge as a profitable market, with sales increasing at a 9.3% CAGR during the forecast period.

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Competition Landscape

Key players are investing in research and development to offer patient-specific and indication-specific pIOLs to enhance procedural outcomes. They are also focusing on new product launch activities, licensing of product sales within a specific region, as well as regulations associated with new device development and manufacturing. For instance:

In January 2019, owing to the high regulatory standards, precision and quality requirements in Germany and Japan, Star Surgical announced expanded recommended diopter range for their EVO Visian ICL in both the countries.
In December 2019, Johnson & Johnson Vision announced the Food and Drug Administration (FDA) approval and U.S. launch of TECNIS Toric II 1-Piece Intraocular Lens (IOL).

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the phakic intraocular lenses (IOL) market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (posterior chamber phakic IOL, and anterior chamber phakic IOL), by indication (myopia, hyperopia, and astigmatism), by end user (hospitals, ophthalmology clinics, and ambulatory surgical centres), across seven key regions of the world.

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Key Market Segments Covered in Phakic Intraocular Lenses Industry Research

By Product:

Posterior Chamber Phakic IOL
Anterior Chamber Phakic IOL

By Indication:

Myopia
Hyperopia
Astigmatism

By End User:

Hospitals
Ophthalmology Clinics
Ambulatory Surgical Centers

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Pharmaceutical Lipids Market Will Generate Booming Growth Opportunities to 2032

According to a recent market analysis by Future Market Insights (FMI), the global Pharmaceutical Lipids Market will be worth $4.44 billion in 2021. With sales increasing at a 5.1% CAGR, the market is expected to be worth $7.70 billion by 2032.

Global demand for various drug formulations to treat chronic diseases is expected to drive pharmaceutical lipid sales.

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Stringent regulations governing the manufacture and distribution of excipients mandated by the International Pharmaceutical Excipient Council (IPEC) will improve the production of higher-quality pharmaceutical ingredients.

Furthermore, efforts by governments and regulatory agencies in developed nations, such as the U.S. and the U.K., to streamline the approval process for excipients, are expected to push sales in the market.

Because of their cost-effectiveness and patient compliance, oral solid dosage forms are the dominant mode of delivery in the pharmaceutical lipids market and are the preferred option for many pharmaceutical products.

The use of capsules or tablets for drug delivery provides advantages such as increased physical and chemical stability, ease of handling, distinct brand recognition based on colour and shape, and controlled-release options.

The majority of liposomal drugs are derived from oral solid drug formulations. The ease of use among patients, particularly children, is expected to boost sales of oral drugs, which will have a direct impact on pharmaceutical lipid sales.

For example, conventional hard solid tablets are difficult to swallow for approximately 50% of patients. This has prompted pharmaceutical companies to create more innovative solid oral product forms, such as effervescent tablets, orally disintegrating granules (ODGs), lozenges, chewable tablets, and instant drinks. This is expected to generate significant demand for liposomal excipients during the forecast period, boosting market growth.

“Increasing investments in contract manufacturing of pharmaceutical lipids, along with growing demand for oral solid drug formulation is expected to augment the growth in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

Triglyceride sales are expected to account for more than 44.3% of the market by 2032, rising at a 5.1% CAGR during the forecast period.
By form, the semi-solid segment commands more than 60.0% of the market in 2021 and is expected to account for 62.7% of the total market share by 2032.
In terms of source, sales of semi-synthetic sources will increase at a 5.8% CAGR.
In 2021, applications in the conventional lipid-based drug delivery systems (LBDDS) segment held a commanding 64.4% share.
The most widely used route of administration will be oral pharmaceutical lipids. In 2021, the segment held 40.8% of the total market share.
The U.S. will continue dominating the North America pharmaceutical lipids market over the forecast period owing to the presence of a robust healthcare sector.
Demand in the U.K. pharmaceutical lipids market will surge at a 5.1% CAGR over the assessment period.
Sales in the India market are slated to increase at a 5.2% CAGR, accounting for a lion’s share in the South Asia pharmaceutical lipids market.

Competition Landscape

Acquisitions, mergers, expansion, development of an extensive clinical pipeline and product launches are the key strategies adopted by manufacturers to increase the consumer base in various countries. For instance:

In July 2020, ABITEC announced the acquisition of Larodan AB, a manufacturer and international marketer of state-of-the-art, high-purity research grade lipids. The acquisition expanded ABITEC’s functional lipid product offerings and scientific capabilities to better serve the pharmaceutical, nutritional, and industrial markets.
In January 2020, BASF completed the acquisition of polyamide business of Solvay.
In July 2020, Croda International Plc announced the acquisition of Avanti Polar Lipids, Inc., a knowledge-intensive leader in lipid-based drug delivery technologies for the next generation of pharmaceuticals.

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Key Market Segments Covered in Pharmaceutical Lipids Industry Research

By Product:

Triglycerides
Phospholipids
Sphingolipids
Cholesterol
Fatty Acids
Others

By Source:

Synthetic
Semi-synthetic
Natural

By Form:

Liquid
Semi-solid
Solid

By Application:

Conventional Lipid-based Drug Delivery Systems
Self-Emulsifying Drug Delivery Systems
Self-Microemulsifying Drug Delivery Systems
Liposomes
Solid Lipid Nanoparticles
Nanostructured Lipid Carriers
Others

By Route of Administration:

Oral
- Tablet
- Solution

Parenteral
- Intravenous
- Intramuscular (Vaccines)
Topical

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Physiotherapy Equipment Market Segment Overview, Regional Analysis and Forecast 2022-2030

In the forecast period between 2020 and 2030, the physiotherapy equipment market is expected to grow rapidly, with a CAGR of 7.2%. Musculoskeletal physiotherapy will continue to be a significant contributor to market revenue. Furthermore, rising cases of orthopaedic disorders in North America, the East and South Asia are expected to drive demand for physiotherapy equipment.

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What are the Factors Driving Physiotherapy Equipment Market?

According to a recent World Health Organization study, over a billion adults lead sedentary lifestyles. They are insufficiently active at all times. High levels of stress from professional and personal responsibilities are the primary causes of lethargy, which can lead to a variety of orthopaedic disorders.

Furthermore, as pollution levels rise, people are increasingly avoiding outdoor sports or activities, contributing to lower levels of physical exertion. As a result, bones have weakened and joints have frozen, necessitating immediate physiotherapy attention. Pain relievers, braces, and other devices are commonly used to prevent physical injuries.

According to another source, musculoskeletal disorders encompass over 150 diagnoses involving a person’s bones, muscles, tendons, joints, or ligaments. This includes temporary fractures as well as long-term pain or disability. These conditions have an impact on both the elderly and the younger generations, limiting their mobility. Individuals considering early retirement suffer as a result of their inability to fulfil social responsibilities and reduced income. As a result of the high demand for sophisticated treatment, the leading market players have developed technologically advanced physiotherapy units.

Impact of COVID-19 Pandemic In The Physiotherapy Equipment Market

On a global scale, the COVID-19 pandemic has had an impact on almost every industry. Healthcare industries, which are primarily responsible for the rapid treatment of coronavirus patients as well as the prevention of virus spread, have reported some benefits, in contrast to other industries.

Physiotherapy is one such industry that experienced a significant decline during the global pandemic era. Physiotherapy is a type of healthcare that requires patients to communicate with their doctor in order to receive the necessary treatment. As a result, patients are extremely vulnerable to a variety of communicable diseases. And the coronavirus is one of the most contagious. Because coronavirus spread through physical contact, most physiotherapists chose to halt their operations. As a result of the delays in procedures, the demand for physiotherapy equipment fell precipitously.

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Furthermore, governments around the world imposed strict lockdown rules, forcing people to stay indoors and halting industrial operations. Because of the scarcity of raw materials, this disrupted the global supply chain of physiotherapy equipment production.

COVID-19 daily spikes have been highest in North America, with over 5.5 million cases in the first quarter alone. As a result of the delay in elective procedures, the market suffered even more. In other parts of the world like East Asia and Oceania, the COVID-19 growth curve was slowly flattening, and stable recovery in the physiotherapy equipment market was observed. Whereas in regions like New Zealand and Australia, the cases were minimum. This enabled the resumption of non-elective procedures, promoting the growth of this market.

What Is The Regional Distribution Of The Physiotherapy Equipment Market?

North America, South America, Europe, East and South Asia, Oceania, and the Middle East and Africa (MEA) are the key regions dominating the physiotherapy equipment market (the Middle East and Africa).

South and East Asia are gradually gaining dominance in the physiotherapy equipment market, accounting for more than 25% of total revenue. In terms of potential cash flow, ultrasound equipment will be the emerging trend. The North American market will continue to dominate, with a market value of 40% or higher.

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How Competitive is the Physiotherapy Equipment Market?

A few major players dominate the physiotherapy equipment market. DJO Global, Enraf-Nonius, Kindred Healthcare, Inc., Select Medical, Concentra Operating Corporation, BTL Industries, U.S Physical Therapy, Inc., Isokinetic, Inc., EMS Physio Ltd, and Zynex Medical Inc. are among the companies. These industries have recovered the current market state through new products, acquisitions, and improved marketing strategies. Following the post-pandemic situation, these companies have recently adopted Artificial Intelligence to mould their business practises.

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Prescription Delivery Services Market Report 2022: R&D Consistency Drives Sector Growth

An efficient healthcare infrastructure is built on timely drug delivery. The rising prevalence of chronic and infectious diseases has accelerated prescription drug production, prompting vendors to develop effective distribution networks.

Data Points	Market Insights
Market Value 2021	US$ 98.7 Mn
Market Value 2022	US$ 117.2 Mn
Market Value 2030	US$ 434.3 Mn
CAGR 2022-2030	17.8%
Market Share of Top 5 Countries	55.3%
Key Market Players	Wal-Mart Stores, Inc, Walgreen Co., Wal-Mart Stores, Inc., CVS Health, Express Scripts Holding Company, Giant Eagle, Inc., DocMorris (Zur Rose Group AG), Rowlands Pharmacy, OptumRx, Inc., Ali Health, Kroger Co. and Amazon (PillPack)

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Furthermore, advanced Prescription Delivery Systems have not only aided in the provision of round-the-clock customer service, but have also aided in the management of dosage, therapy adherence, and the provision of feedback to clinicians.

Consumer touch points and supply chains, such as e-commerce, convenience stores, and retail stores, have significantly altered the landscape of prescription delivery services. Advancements such as drone-based delivery and tracker based prescriptions are helping usher in smooth customer experience.

Prescription Delivery Services Market- Key Takeaways

Diabetes prescription drugs will wield significant power, accounting for 36.7% of the market by 2030.
The ease of access to drugs for chronic conditions is expected to propel retail pharmacy growth to new heights.
North America is expected to grow at a CAGR of 18.4% between 2020 and 2030, owing to the presence of numerous convenience and pharmacy stores.
By 2030, the global prescription delivery services market is expected to be worth $ 434.3 billion.

“Adoption of self-checkout kiosks and medicine dispensing machines shall enhance medicine purchasing experience of customers, permitting vendors to experience greater customer loyalty,” concludes the FMI analyst.

COVID-19 Impact Insights

The COVID-19 pandemic has generated fertile ground for the prescription delivery services market. The imposition of nationwide lockdowns to enforce social distancing have reduced footfalls across conventional pharmacies. This has compelled patients to rely on online retail platforms to avail their medicines.

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Furthermore, the increased vulnerability of geriatrics with co-morbidities to the coronavirus has necessitated stockpiling of essential medicines, keeping the need for prescription delivery services afloat for the duration of the pandemic. This panic buying will result in an 80% year-on-year increase.

Growth is expected to be especially strong in the United States, China, and India, which have the highest rates of infection. These countries, which account for 40% of global infection rates, have seen an unprecedented increase in prescription medicine hoarding by individual households. This will last until the second half of 2021.

Market Witnessing Entry of e-Commerce Players

The Prescription Delivery Service Market is witnessing entry of e-Commerce, pharmacy and retail chains, albeit at a local or regional level. Technological developments, new product launches and collaborations characterize some critical expansion strategies of market players.

Some of the key players in the Prescription Delivery Service Market are: Walgreens Co., Walmart Stores Inc., CVS Health, Giant Eagle Inc., Express Scripts Holding Company, Ali Health and Kroger Co. to name a few.

Besides these established players, several startup companies are also emerging as potential game changers in the industry. These include NetMeds, Kfyao, Capsule, Myra Medicines, NURX, MedAvail, Zipdrug, Insightfil and ScriptDrop to name a few.

Walgreens, a prominent retail pharmaceutical distributor, has a robust presence in the global prescription delivery services market. The company offers refills, auto refills, drug information and home delivery services.

In 2017, the company acquired Rite Aid for a sum of US$ 5.2 billion, resulting in the merger of two of the United States’ three largest pharmacy chains.

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Disposable Plastic Pallet Market Analysis and Market Studies for 2028

Disposable plastic pallet is an economical alternative to wooden pallet. Disposable plastic pallet are cost effective compared to plastic pallet and wooden pallet, as they are resistant and durable to damage. Manufacturers of disposable plastic pallet are preferring to provide lighter pallet for shipments. This reduces the amount of wear and tear for the equipment during transportation and as it is lighter, it also reduces the cost of shipment and transportation. Light weight of disposable plastic pallet increases payload capacity of the containers.

The disposable plastic pallet minimizes costs associated to floor space, load weight, labor and sanitization, and helps in cutting the shipment expenditures and saving time. Also, factors such as decrease in product breakage due to pallet damage, drop in cleaning expenses, decline of repacking costs and problem-free disposable system significantly contributes to the growing applications of disposable plastic pallet in the logistics section of various industries like, grocery, pharmaceutical and automotive. Disposable plastic pallet is safe and easy to handle since they don’t have splinters, nails or sharp edges. Furthermore, it eliminates wood as a source for contamination in food grade plants.

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Global disposable plastic pallet market: Segmentation

On the basis of product type, the global disposable plastic pallet market has been segmented as

Single faced disposable plastic pallet
Double faced disposable plastic pallet

Based on technology type, the global disposable plastic pallet market has been segmented as

Injection Moulding
Thermoforming
Blow Moulding

In terms of material type, the global disposable plastic pallet market has been segmented as –

High density polyethylene (HDPE)
Polypropylene (PP)
Polyethylene terephthalate (PET)

HDPE material segment is dominating the global disposable plastic pallet market. The demand for HDPE material is increasing in the automotive and shipping industry, due its ability to handle heavy loads. HDPE disposable plastic pallet are extensively used in the food and beverage industry as they are resistant to organic and inorganic chemicals at normal temperature.

On the basis of end use industry, the global disposable plastic pallet market has been segmented as

Food and Beverage
Healthcare
Consumer goods
Logistics
Chemical
Others

On the basis of region, the global disposable plastic pallet market has been segmented as

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

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Global disposable plastic pallet market: Developments

Bulk-Flow company has designed disposable plastic pallet to carry other loads with the addition of a clip-on accessory that renders its surface flat for other type of cargo, such as smaller sacks or regular finished products

Global disposable plastic pallet market: Key players

The key players of disposable plastic pallet market offers customized pallet that meet the specific requirements of customers. To sustain the extreme competition in the market, vendors are offering pooling services on a large scale to their customers, and are adopting new technologies, such as equipment tracking, and refining their service offerings. The increased implementation of modern logistics and the rapid growth of the retail industry will attract new vendors during the forecast period.

The global disposable plastic pallet market is highly competitive due to increasing preference of consumers to buy disposable plastic pallet. Some of the key players in the global disposable plastic pallet market are Bulk-Flow company, Goplastic pallet, Greiner Assistec, Agrico Plastics Ltd., SDI Packaging, Cabka North America, Inc., CTC Plastics, Enlightening Pallet Industry Co., Ltd., Schoeller Alliber, Rehrig Pacific, Brambles Limited, Plastic Products, Inc., Purus Plastics GmbH and others.

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

The report covers exhaust analysis on:

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

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Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

https://www.shtfsocial.com/blogs/29204/Pallet-Corner-Boards-Market-Analysis-and-Market-Studies-for-2027

https://www.articlesfactory.com/my/articles/482cf8ad-dd4a-4b5b-9559-6008c681675b/options

https://degentevakana.com/blogs/view/144564

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Specialty Oils Market Share Totaling a Valuation of US$175.7038 Bn by 2032

The global specialty oils market is anticipated to grow from US$ 125,369.2 Mn in 2022 to US$ 175,703.8 Mn by the end of 2032, accelerating at a CAGR of 3.4% throughout the forecast period (2022-2032).

Rising demand for specialty oils across various end-use industries such as automotive, power generation, pharmaceutical, food & beverages, manufacturing, transmission & distribution, etc. is providing impetus to the growth of specialty oils market.

In recent years, rising electricity consumption has created enormous demand for transformer oil and the trend is likely to continue during the forecast period. This transformer oil is used to protect high-voltage electrical components used in electric utilities, including transformers, capacitors, switches, and circuit breakers. Due to its strong dielectric strength, viscosity, temperature adaptability, and other benefits, it is significantly employed as insulation between transformer windings and other parts.

The market of specialty oils has been substantially influenced by the rapid installation of power generation plants, power transmission, and distribution activities. According to World Energy and Climate Statistics – Yearbook 2022, global electricity consumption grew by 5.5% in 2021, which is 4.8% above its 2019 level.

Thus, rising government investments and initiatives to develop and expand energy infrastructure across the world will push the demand for specialty oils like transformer oil during the forecast period.

Rapid installation of energy transmission and distribution facilities in developing countries is also anticipated to promote the sales of transformer oil which in turn will spur the growth of specialty oils market.

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Similarly, growing usage of specialty oils across automotive and food & beverage will expand the global specialty oils market size during the forthcoming decade.

“Rapid growth of power generation and transmission infrastructure across the globe is expected to boost the demand for specialty oils over the coming decade,” says an FMI analyst.

Key Takeaways from Specialty Oils Market Report:

By product type, transformer oil segment is expected to account for about 7.9% of the overall market size.
By end-use industry, automotive, and power transmission segments are expected to collectively account for more than 48% of the overall consumption.
The U.S. will continue to remain one of the most lucrative markets for specialty oils during the forecast period.
India’s specialty oils market size is expected to reach around US$ 10,811.6 Mn by the end of 2032.
Specialty oils market in China is likely to grow at a CAGR of 3.7% during the forecast period,

Competitive Landscape

Leading specialty oil manufacturers include PaCalumet Specialty Products Partners, L.P., CASTROL LIMITED, Chevron Corporation, Exxon Mobil Corporation, H&R GmbH & Co. KGaA, Eni SpA, and others.

These key players are continuously adopting various strategies such as new product launches, mergers, acquisitions, collaborations, mergers, etc. to gain an upper hand in the global specialty oils market

For instance,

In July 2022, the Petroleum Nasional Berhad (PETRONAS) announced a strategic lubricant partnership with Tata Motors to supply lubricants for Tata Motor’s commercial fleet.
In July 2021, SKF and Quaker Houghton entered into a new collaboration to offer industrial customers a fully circular use of industrial oil.

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More Insights into the Specialty oils Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global specialty oils market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type, end-use industry, and region.

Specialty Oils Market Segmentation

By Product Type:

White Oil
Automotive Oil
Transformer Oil
Industrial Oil
Liquid Paraffin
Rubber Process Oil
Petroleum Jelly

By End-Use Industry:

Automotive
Power Generation
Pharmaceutical
Personal Care & Cosmetics
Food & Beverages
Manufacturing
Heavy Engineering Equipment
Transmission & Distribution
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

Barcode Label Market Size & Share | Industry Trends Analysis Report for 2029

Barcode labels are used for quick data storing and retrieving. Barcode labels include a representation of the company and product-related information in line and number format. They consist of small black parallel lines of varying widths and gaps which allow companies to obtain real-time data.

Some barcode labels are comprised of numbers and pictures which increases their efficiency. Information regarding manufactures name, type of product, product number and price are included in barcode labels. Barcode labels prove useful when there is a need to increase performance, efficiency, and profitability across the supply chain.

Barcode labels are used in different sectors like FMCG, healthcare, transportation, and banking. Barcode labels are also used in places like post offices, passport offices, airports, bicycle and car rental service providers, and colleges.

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Barcode Label market: Key Players

Following are the barcode label manufacturers operating in the industry –

Aditya Barcode Technologies
TSI America
Inotec Barcode Security GmbH
General data Company, Inc.
Brady Corporation
Symbology Inc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Barcode Labels Market: Trend

The barcode labels market is continuously influenced by advancements in high-end technologies. Nowadays, user-friendly barcode label scanners are available in smartphones which increases convenience. The latest barcode in the form of Quick Response codes stores 100 times more information in smaller space and arranging data in 2 directional way. This consist of minimum error margin.

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Barcode Label market: Dynamics

Barcode labels help to extract accurate data of the product or services within microseconds; hence the driving force for using barcode labels is to reduce human error. The second major factor for using this technology is data security. Every organization want to encrypt their data with high level security which will not be easily traceable by the outsiders.

It is very challenging to manage inventory location, and it’s pricing at mass level by the employee which might involve training. Companies can reduce training time and cost by using this system. Barcoding saves company time in terms of data re-entry. This also helps to trace outgoing shipments and equipment, and helps in optimizing the supply chain

Despite the positive outlook, few technologies might hamper the growth of barcode label market. Radio Frequency Identifier (RFID) has an IC chip that stores and retrieves data. These IC chips have more capacity to store data compared to barcode labels. However, barcodes are more economical as compared to RFID technology.

RFID consists of big programs which increase data recovering process time which is very less in barcode labels. Barcode labels work effectively on metals and water and the advance barcode technology also work in dust regions. On the reverse side, RFID does not function in such conditions. The collision of data happens when RFID is used for multiple code scanning at the same moment which is not possible in the case of barcode labels.

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Barcode Label market: Segmentation

Depending upon code writing technology, the combination of numbers and alphabets and as per industry standards barcode labels are segmented as:

By technology, Barcode labels market is segmented into,

1 Directional barcode labels
2 Directional barcode labels
HD barcode labels
Holographic transparent barcode labels

By combination, barcode labels are segmented into

Numeric barcode labels
Alphanumeric barcode labels

By industry standards, barcode labels are segmented into

Code 39
Code 128
Interleaved 2 of 5
Universal Product Codes (UPC)
International Article Number (IAN)
PDF 417
Data Matrix
Quick Response Codes (QR code)
GS1 DataBar
Aztec Code
POSTNET
Code 11
ITF 14

By printing methods used for barcode labels, it is segmented into:

Direct thermal barcode labels
Thermal transfer barcode labels

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Tire Materials Market exhibiting growth at a CAGR of 4% during the forecast period, 2028

Future Market Insights recently published a report titled “Tire Materials Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028” that offers decisive insights pertaining to the global tire materials market and provides extensive information through organized market research.

According to the report, the global tire materials market has been envisaged to approach the valuation of US$ 100 Bn towards the end of forecast period.

Silica to Witness an Upsurge in Demand with Increasing Production of Green Tires

Synthetic rubber and fillers used in automotive tires have significantly changed over the past decade. Attributing to the rising environmental concerns, many regions have formed regulations that mandate tire labeling. The implementation of labeling initiatives and growing environmental concerns have led to an increase in the production of high-performance tires or green tires.

Regulatory bodies have also laid incentives for manufacturers and consumers with a preference for performance tires. Due to the adoption of green technology, silica is extensively being used as a filler material as an effective replacement for carbon black in the recent years.

The adoption of silica in the production of green tires has reduced CO2 emissions almost by 7% and increased fuel efficiency. Thus, increasing focus towards the reduction of carbon footprint and greenhouse gas effects is driving the demand for silica in tire production.

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Increasing Automotive Production and Ever-rising Size of Vehicle Fleet to Boost the Tire Materials Market

Tires are a vital part of the automotive industry and thus, the production and sales of vehicles directly affect the dynamics within the tire industry. Increasing automotive production in emerging economies has been driving the demand for tires from OEM manufacturers, which has led to an increase in tire production activities.

Growing tire production is driving the demand for tire materials. In a vehicle, a tire is one such part that must be replaced frequently, after every 2-3 years. A tire experiences maximum wear and tear. Further, it is estimated that in FY2017, the global vehicle parc was about 1.3 Billion.

Thus, it can be easily concluded that the growing vehicle parc and production will augment the market of automotive tires. Expansion of the tire industry is expected to fuel the demand for tire materials while the growing fleet size will add to tire replacement activities and indirectly influence the demand for tire materials.

Increasing middle-class population, coupled with rising urbanization in developing countries, is expected to increase the number of vehicle owners as many people will be able to afford vehicles. Apart from this, the increasing youth population has also led to an increase in the sales of automotive, which is a positive sign for the tire materials market.

Also, changing lifestyle and increased standard of living have increased the adoption of high-performance tires as well as branded tires, which is expected to positively impact the tire materials market. The increasing number of vehicle owners will push the growth of both OEM as well as aftermarket segments and thus, the growing demand for tires is expected to boost the tire materials market in the coming period.

Tire Materials Market by Category

By Material Type:

Natural Rubber
Synthetic Rubber
Fillers
Process Chemicals
Steel Cords
Textile Cords

By Tire Types:

Solid Tire
Pneumatic Tire
Retreated Tires

By Vehicle Types:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Wheelers

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East Asia will Become a Prominent Regional Market for Tire Materials

The global tire industry has been witnessing a shift in tire manufacturing activity, with East Asia and South Asia accounting for more than 50% of tire manufacturing facilities. Easily available raw materials, economic & political stability, and availability of skilled & cheap labor have attracted key tire manufacturers to invest in East Asia and South Asia.

China and Japan are prominent tire manufacturing countries wherein China is estimated to be the leading tire producer and the presence of companies such as Bridgestone Corporation and Yokohama Rubber Company makes Japan a promising tire manufacturing country, owing to which East Asia is estimated to be the prominent market for tire materials.

North America and Europe tire industries are estimated witness a slowdown in the coming years, due to the increasing competition from Chinese tire manufacturers and their low-ranged products. However, North America and Europe are anticipated to be potential markets for tire materials, owing to the predominance of key tire manufacturers in the region.

Solvay SA, Lanxess AG, Exxon Mobil Corporation, JSR Corporation, Cabot Corporation, Birla Carbon, and Evonik Industries AG are among the key players identified in the tire materials market.