Market Research Blog – Page 9228 – New Product Development

Corner Pads Market : Global Industry Analysis and Opportunity Assessment 2031

Newly released data from corner pads market analysis shows that global demand of the overall corner pads market is anticipated to register a CAGR of ~5.4% during the forecasted period and reach millions of units by 2031. East Asia and South Asia regions are projected to expand at higher growth rates and capture a significant market share during the forecast period.

Competitive Landscape

Key global players such as

The Smurfit Kappa Group plc
F-D-S Manufacturing Company
Packaging Corporation of America
Sonoco Products Company
VPK Packaging Group NV
Cascades Inc.
Napco National
Cordstrap B.V.
Signode Industrial Group
Kunert Group
among others

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Global Corner Pads Market: Market Outlook

During the transportation of packaged goods, it is of utmost importance that the secondary or tertiary packaging of the product is intact and not damaged in any way due to the shocks and external environmental factors.

Corner pads are commonly made of corrugated paper and are used to protect the edges of the secondary and tertiary packaging solutions. The increasing industrialization, heightening of import and export activities coupled with elevated packaging needs are bolstering the demand for corner pads globally.

What are the Key Trends Impacting Growth of the Corner Pads Market?

The use of sustainable yet recyclable solutions in the packaging industry is one of the key trends followed by the industry players to attract customers and achieve their sustainability goals.

In Europe due to the stringent regulatory compliances against plastic material, the application of sustainable packaging products is becoming a necessity. As corner pads are most commonly made from paper, they are environmentally friendly, and they can also be reused, which is a bonus to the manufacturers.

How is the Demand for Corrugated Packaging Products Reshaping the Corner Pads Market?

The flourishing logistics industry is a key contributor in driving the demand and sales of the corner pads in the market. As a result of the deliberate efforts of manufacturers and the national governments, the logistics industry has witnessed substantial growth in the past decade.

The increasing use of technology and innovative packaging solutions is supporting the logistics industry growth. Corner pads, especially corrugated corner pads are extensively used in the logistics industry to safeguard freight. During the foreseeable years, the corned pads market is anticipated to expand incrementally on the back of the flourishing logistics industry.

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What are the Key Challenges that may Restrain Growth of the Corner Pads Market?

There has been a significant rise in the awareness of the population in developed economies regarding the damaging environmental effects of the consumption of plastic. In the corner pads market, plastic material is commonly used by many players in the industry.

The growing aversion towards the use of plastic packaging solutions among consumers might restrain the growth of plastic corner pads in the market.

Why will the China Generate Significant Demand for the Corner Pads Market?

China has been and continues to be a hub for manufacturing activities for a large number of products. The ease in accessibility to cheap labor and raw material along with favorable government policies regarding the manufacturing sector are some of the reasons behind attracting global manufacturers to set up their plants in the country.

The constant growth of the country’s manufacturing sector is projected to grow significantly in the foreseeable future. As a result of extensive applications of the corner pads in the packaging of many manufactured products the market demand for the corner pads is anticipated to bolster on the back of the growing manufacturing industry in China.

Key Segments of Corner Pads Market Covered in the Report

Based on Type of Material:

Paper
Plastic
Foam

Based on Type of Product Type:

Angular Edge
Straight Edge
Custom Edge

Based on End Use Industry:

Automotive
Food & Beverages
Building and Construction
Electronics and Electricals
Other Industrial

Based on the Region:

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

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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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Cryogenic Vials and Tubes Market Forecast, Trend Analysis & Opportunity Assessment 2031

The global cryogenic vials and tubes market is expected to increase at a growth rate of around ~5.5% to 6.5% during the forecast period. The rapid development of the healthcare facilities such as, hospitals and pharmaceutical companies in India is the factor bolstering the growth of the cryogenic vials and tubes market in Asia Pacific region.

Competitive Landscape

The following global key players such as

Celltreat Scientific Products
DWK LifeSciences Ltd.
Globe Scientific Inc.
Biosigma
Merck KGaA
Sterilab Services
Corning Incorporated
CAPP Denmark.

Key Asian players manufacturing cryogenic vials and tubes are

Narang Medical Limited
Plastic Labware India
Moxcare Products Inc.
Cole-Parmer Instrument Company
and LLC. Jindal Medical & Scientific Instruments Company (Pvt.) Ltd.
Hang Zhou Sunny Commodity Co.Ltd
Plastx Labs
Qingdao Sinoland International Trade Co.Ltd.
Sumitomo Bakelite Co.Ltd.

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Global Cryogenic Vials and Tubes Market: Market Outlook

Cryogenic vials and tubes are the types of pharmaceutical packaging containers which are used to store biological samples at extreme low temperature, which can be as low as -196° C. The biological samples are stored or preserved with the help of liquid nitrogen, which can stand extreme temperatures without compromising the samples.

Cryogenic vials and tubes are constructed from non-mutagenic plastic resins, non-cytotoxic plastics and therefore are pyrogen free. Majority of the cryogenic vials and tubes have screw-style closure which helps the vials and tubes to stand extreme temperature and air pressure. Cryogenic vials and tubes have either external or internal threads which helps to maintain the concentration of the sample.

Cryogenic tubes are also provided with the writing and marking area which can be used to identify the sample. Colour coding markers or caps on the cryogenic tubes are also used to identify the sample.

What are the Key Trends Impacting Growth of the Cryogenic Vials and Tubes Market?

The automated processing and dispensing of the multiple vials in parallel instead of manual processing and dispensing is increasing the quality and consistency of the cryogenic vials and tubes and also avoids occupational injuries.

The alternative vial dispensing systems which makes the use of peristaltic pumps to fill the vials which reduces the shear damage and regulates viability before and after freezing.

Therefore, the automated cryovial processing equipment not only decreases the manual work but also increases the quality of the biological sample packing in the cryogenic vials.

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How is the Demand for Cryogenic Vials and Tubes Increasing as compared to the Centrifugal Tubes?

Cryogenic vials and tubes are used to store the biological samples in the extreme lower temperature for the longer time. Centrifugal tubes cannot be used to store the sample for the longer time as they have the risk of breaking the vial or the tube.

Also, the cryogenic vials and tubes provide better stability to the biological sample especially RNA samples owing to the tight closure of the vial and stabilized storage of sample in the extreme low temperatures.

The tight closure of the vial or the tube restricts the evaporation of the biological sample from the container, which is mostly preferred over the centrifugal tubes. Unlike the centrifugal tubes, the cryogenic vials does not need to autoclave for the sterilization.

How has the COVID-19 pandemic impacted the Cryogenic Vials and Tubes Market?

The COVID-19 pandemic has positively affected the cryogenic vials and tubes market owing to upliftment in the healthcare sector where the specimen testing was done on an increased pace.

The vaccine which was manufactured by various pharmaceutical companies were transported and stored in the cryogenic vials and tubes. Therefore, there was an immense requirement for the cryogenic vials and tubes in the pandemic which uplifted the growth for cryogenic vials and tubes market.

Key Segments of Cryogenic Vials and Tubes Market Covered in the Report

Based on Material Type:

Glass
Plastic

Based on Product:

Shaped bottom vials and tubes
Bracket bottom vials and tubes
Round bottom vials and tubes

Based on Thread:

External vial thread
Internal vial thread

Based on the Capacity:

0.2-0.5 ml
0.5-1.0 ml
1.0-5 ml

Based on the Region:

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

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Cold Seal Films Market Forecast, Trend Analysis & Opportunity Assessment 2031

According to FMI, the market for cold seal films is expected to accelerate with a value CAGR of 5.5% to 6.0% during the forecast period. The demand for cold seal films is expected to improve rapidly due to increasing application in the food packaging market. The overall market for cold seal films is projected to be optimistic and opportunistic for business.

Competitive Landscape

Global key players in the cold seal films market are

Inteplast Group Corporation
Kendall Packaging Corporation
Constantia Flexibles International GmbH
C-P Flexible Packaging
CGP Coating
Surface Guard Inc.
Toray Plastics (America), Inc.
Clifton Packaging Group Ltd.
Manucor S.p.A.
SIBUR
Printpack.

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Cold Seal Films: Market Outlook

Cold seal films are metal or plastic films that are layered with adhesive on one side. Cold sealing is used as a substitute for conventional hydrothermal sealing with lesser treatment time, reduced cost of operation and energy conservation.

Cold seal films are widely utilized in the food industry to seal products to keep them protected from moisture, heat and dust. It also has ease like simpler opening features and attractive printing capacities. Due to varied applications in the food industry, cold seal films are projected to accelerate with a value CAGR of 5.5% to 6.0% in the global market.

What are the Key Trends Impacting the Cold Seal Films Market?

Technological advancements have enabled improved quality of sealing, better return on investment and faster sealing from cold seal film machines. Dynamic improvements in the types of equipment, digitization and continuous control on quality and process have not only made the process swifter but also improved the demand for cold seal films in the market.

In January 2020, ISRA VISION AG, a German-based manufacturer in machine technology and automation solution introduced cold seal film coatings with 100% inline inspection solutions to improve the printing and coating processes, giving a colossal boost to the cold seal films market.

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What is the Unique Selling Proposition for Cold Seal Films?

Cold seal films use pressure instead of heat to seal the packaging which not only makes it ideal for frozen food and dairy packaging but also most of the product packaging in the food industry. Cold seal films applications include packaging for confectionery, chocolate, bakery products, dairy products, pet food, and ready to eat food among many others in the food industry.

The unique selling proposition for cold seal films is that they can easily seal to themselves. When cold seal film comes in contact with another cold seal film, a bind is created using digital pressure that helps the product to be sealed.

What is the Repercussion of the Pandemic on the Growth of the Cold Seal Films Market?

COVID-19 not only led to delay in transportation of raw materials but also resulted in factory shutdowns, unavailable of labour and increase in production costs which acted fatal for the cold seal market. However, elevated consumption in the food industry helped to keep the cold seal films market afloat. Also with growing recovery rate and reopening of manufacturing plants, the market is projected to witness traction in later part of 2021.

Key Segments of Cold Seal Films Market Covered in the Report

On the Basis of Material Type:

PP (Polypropylene)
- BOPP (Biaxial oriented polypropylene)
- CPP (Cast polypropylene)
Polyester (PET)
- BoPET (Biaxially-oriented polyethylene terephthalate)
Polyethylene(PE)
Metal
- Aluminium
- Stainless steel

On the Basis of Printing Type:

Rotogravure
Flexography
Digital printing
Others

On the Basis of Application:

Bags
Wraps
Pouches
Rollstocks
Others (stick packs and sachets, etc.)

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Child Resistant Pipette Closures Market Forecast, Trend Analysis & Opportunity Assessment 2031

According to latest research study by Future market Insights, Child Resistant Pipette Closures market is on the urge to showcase substantial growth of more than 6% during 2021-2031. Child resistant pipette closures are those that are difficult for children under the age of five to open and necessitate adult assistance. These types of closures are specifically designed to prevent intoxicating chemicals or pharmaceutical goods from being accidentally consumed by minors.

In recent years, the market has grown at a promising rate, and it has continued to grow steadily. The increased requirement for efficient drug intoxication case reduction might be attributable to the expansion of the global child resistant pipette closures market. Several incidences of drug intoxication among children have been reported as a result of easy-to-open packaging.

In the United States, the adoption of child-resistant packaging has been linked to a lower death rate. Child resistant pipette closures are created in accordance with stringent pharmaceutical industry guidelines, with the goal of preventing accidental medication intoxication in children. There lies ample opportunities for manufacturers to build synergy with the optimistic growth of the market

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Who are the Key Manufacturers of Child Resistant Pipette Closures?

FH Packaging
Amcor Limited
Aptar Group, Inc.
BERICAP GmbH & Co. KG
Berlin Packaging
Berry Global, Inc.
Blackhawk Molding Co. Inc.
CL Smith Company
Global Closures Systems
Guala Closures S.p.A
Mold-Rite Plastics LLC
O.Berk Company, LLC
Silgan Plastic Closures Solutions
SKS Bottle & Packaging, Inc.
Tecnocap S.p.A. United Caps Luxembourg S.A.
VIROSPACK
VWR Collection and Weener Plastik GmbH

are the prominent players listed across the value chain of the child resistant Pipette Closures market.

What is Driving Demand for Child Resistant Pipette Closures?

Government agencies have imposed strict restrictions requiring the use of child-resistant pipette closures on products that could endanger the health of children around the world. In the United States, the Poison Prevention Packaging Act (PPPA) specifies which items must be packed with child-resistant pipette closures.

Drugs and dietary supplements, chemical goods, and mouthwash prods and cosmetic products are few of the items on the list. The market is expected to increase at a significant rate as a result of the implementation of severe laws regarding the use of Child resistant pipette closures.

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Child resistant packaging products, such as pipette closures, are receiving more attention. Pharmaceutical packaging producers are focusing on child-resistant container types like droppers, caps and closures. According to the European Child Safety Alliance, every year in Europe, 3,000 children under the age of 14 die from acute poisoning after acquiring access to pharmaceutical items.

What is the Regional Outlook for Child Resistant Pipette Closure Market?

In terms of revenue, North America had the largest share of the global market in 2021. Over the projected period of the research, the regional market is expected to remain the most attractive and promising market with US holding arounf 80% of the North America’s market share by value.

Well-established pharmaceutical packaging business, as well as a strong predilection for bottles as a product type, can be credited with the growth of region. Over the forecast period, the North American market for child resistant pipette closures is predicted to grow at a CAGR of more than 7 percent, with sales concentrated in the United States.

Because of the constantly developing pharmaceutical and pharmaceutical packaging sectors, the markets in Europe and Asia Pacific are projected to stay competitive and present attractive growth possibilities. Over the forecast period, the Europe market is expected to grow at a CAGR of more than 4.5 percent.

Key Segments

By Product Type:

Push & Turn
Squeeze & Turn
Others

By Type:

Tamper Evident
Non-Tamper Evident

By Neck Diameter:

Below 20 mm
20-40 mm
40-60 mm
Above 60 mm

By Material:

LDPE (Low-density polyethylene)
PE (polyethylene)
PP (Polypropylene)
Others

By Sales Channel:

Modern Trade Channels
Online Channel
- Third Party Website
- Direct to Customer
Pharmaceuticals Stores
Others

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Market For Centrifugal Pumps In Europe Will Expand At A 3.7% Average Annual Rate During The Forecast Period by 2031 End

Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2021, at a CAGR of 4.6%, from an estimated USD 24.3 billion in 2021. Increasing investments in construction industry attributing to rapid urbanization, and high demand for centrifugal pumps in the agricultural sector are the key factors driving the growth of the centrifugal pump market.

Germany accounts for nearly 18% of the market share in Europe 2021. The country is responsible mainly for centrifugal pump applications in the pharmaceutical, chemical, and food processing sector. Manufacturers in Germany have grown and emerged as world leaders. The transition from a local to a global marketplace has probably been the most significant change in this industry.

FMI predicts healthy growth in the oil and gas industry, particularly in economies such as China, U.S., the Middle East, and Africa. Centrifugal pumps are important for ensuring accurate and repeatable transportation and pumping operations in the industry. As a result, the rise in oil and gas sector activities around the world is driving demand for centrifugal pumps.

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Manufacturers need to evaluate life cycle costs and facilitate smart buying decisions. Centrifugal pump manufacturers need to analyze cost of energy and return of investment for centrifugal pumps compared to purchase and installation costs.

The presence of numerous Chinese players offering low-priced centrifugal pumps acts as a restraint to most regional and global players. Increasing price pressure from these players is influencing key suppliers to offer high-quality, reliable, efficient and technologically-advanced centrifugal pumps at competitive rates.

Global demand for centrifugal pumps is directly correlated to infrastructure development activities worldwide. Governments of developing countries such as China and India are focusing on urbanization, which in turn is anticipated to fuel demand for centrifugal pumps particularly in domestic, Water and wastewater treatment industries.

Key Takeaways from Centrifugal Pump Market Study

Multi stage pumps are expected to hold over 50% of the global market share, supported by heavy duty requirements of the oil and gas sector.
Water and wastewater applications are projected to hold over a third of the overall market share by 2031-end, aided by infrastructure investments in emerging economies.
The market in the South Africa is projected to expand at a CAGR of around 5%, while that of Mexico accounts for approximately 4%, through 2031.
The markets in India and South Korea are set to surge at higher than 5% CAGR over the coming decade.
Germany will hold the lead in Europe with a valuation of over US$ 1.2 Bn in 2021. Major investments in the natural gas sector will provide impetus.

“Developing nations are exhibiting high demand for centrifugal pumps for industrial and commercials applications, driven by rising investments into water and wastewater infrastructure by governments. This will enable growth in the overall market through 2031,” says a Future Market Insights analyst.

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Centrifugal Pump Market Competitive Landscape

The centrifugal pumps market is highly consolidated, with key players accounting for more than four-fifth of the market share. These players are likely to invest in technology developments and the expansion of their networks in order to maintain their market shares.

Some of the key players in this industry include but are not limited to Ebara Corp., Xylem Inc., Sulzer AG, KSB Group, Flowserve Corp., and Kirloskar Brothers.

Find More Valuable Insights in Centrifugal Pump Market

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

Centrifugal Pumps Market by Category

By Product Type:

Single Stage Pump
- Small
- Medium
- High
Multi Stage Pump
- Small
- Medium
- High
Axial & Mixed Flow Pump
- Small
- Medium
- High
Submersible Pump
- Small
- Medium
- High
Seal Less & Circular Pump
- Small
- Medium
- High

By Application Type:

Industrial Centrifugal Pumps
- Oil & Gas
- Chemical
- Water & Wastewater
- Food & Beverage
- Pharmaceutical
- Power
- Others
Agricultural Centrifugal Pumps
Domestic Centrifugal Pumps

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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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Bottle Dividers Market Forecast, Trend Analysis & Opportunity Assessment 2031

The bottle dividers are the part of covering & dividing the bottles, which fascinates the consumer at a glance. Bottle dividers are made up of hard wearing grooved cardboard with an impressive design. The product can also be customized as per the need of consumers. The surge in demand for standard and premium quality alcohols influence the demand for target product.

According to the latest research by FMI, the bottle dividers market is expected to grow at a steady rate during the forecast period of 2021-2031. The product is extremely fragmented in nature due to the vast availability of numerous small and medium sized manufacturers.

Moreover, ongoing technological advancements and innovations to make the product stronger and lighter, thereby sinking the required energy to manufacture and transport them are likely to make growth opportunities in the forecast period.

Bottle dividers can be easily stacked and folded as per consumer when not in use, thus occupies less space. Furthermore, they do not suffer from any chemical reaction with any other type of beverage. The product is usually made of coated paperboards which are light in weight and are very appropriate to handle during the loading and unloading purpose.

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Who are the Key Manufacturers and Suppliers of Bottle Dividers?

The market is fragmented in nature with the existence of several small, mid-sized companies that compete against each other in terms of quality and price. Some of the major manufacturers operating in the global market are

Nordpack GmbH
GRÁFICAS DIGRAF S.L.
Saxon Packaging Limited
Guangzhou Minglai Packaging Co., Ltd.
Nine Dragons Paper Holdings Ltd.
Smurfit Kappa Group plc
Shenzhen qingxin Packaging Co. Ltd
Pack and Print
SHENZHEN JC POP DISPLAY CO., LTD.
International Paper Company
Pak Boxes
Westrock Company
Lee and Man Paper Manufacturing Ltd.
Others.

The focus of major manufacturers for bottle dividers is very less and contributes nearly one fifth of global making. Most of the necessities are accommodated by local players located in close proximity to the buyers.

What is Driving Demand for Bottle Dividers?

The demand for bottle dividers is mostly slanted by the beverage industry. The producers of wine provide premium and great wine in specially designed boxes. The demand for wine is directly proportional to the demand for bottle dividers which are more influenced by alcoholic beverages, which are costly and are supplied all over the world. The bottle dividers are available in a variety of colors and make them attractive while packing.

The rising disposable income and growing population in developing economies are creating new paths for packaged beverages. As per the Brewers Association, the overall sales of the beer was US$ 94 Bn in 2020, which leads to transportation and packaging of those 2-3 bottles in one box had increased the demand for bottle dividers.

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The growing urbanization, coupled with the fluctuating lifestyle, has steered the growth of total packaged alcohols in emerging countries like India.

Additionally, the rising health awareness among youngsters has increased the demand for health drinks, energy drinks and packaged juices providing vast opportunities which leads the companies to increase their sales.

Europe Bottle Dividers Market Outlook

The youngsters in the European region have greater consciousness related to the environmental and benefits of using glass bottles and are willing to pay more for such benefits. The key players in the region are also appreciating such trends and gradually addressing them in their packaging choice which will lead to increase the regional consumption.

The European bottle dividers business has the knowledge and expertise to be regionally competitive whereas, for exporting, the UK acts as the central hub for the European economy. According to the Department for Environment, Food, and Rural Affairs, the drink and food transfer exceeded more than US$ 20 Bn in 2020.

Lightweight glass has been the major invention in recent times, offering the same resistance to transport globally. Such activities can lead to grow the market.

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Key Segments

By Material Type:

Coated Unbleached Kraft Paperboard
Bleached Paperboard
Recycled Paper

By Number of Compartment Type:

1 Bottle
2 to 4 bottles
5 to 8 bottles
more than 8 bottles

By Application:

Alcoholic Bottles
Beer Cans
Pharmaceutical Bottles
Others

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan

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BOD Incubator Market : Global Industry Analysis and Opportunity Assessment 2031

According to the latest report by Future Market Insights, on the global BOD incubator market it is being estimated that the market will proliferate with a CAGR of over 3.7% in the forecast period. The upsurge in the market is expected due to increasing investment in the research and development sector related to biological species.

The booming healthcare industry is expected to drive the industry optimistically with the demand swelling in the forthcoming year. The market’s growth curve is likely to be augmented by increased investment in the pharmaceutical and biomedical industries.

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Who are the Key Manufacturers of BOD Incubator Market?

The key players in the market are

KESAR CONTROL SYSTEMS
Thermolab Scientific Equipments
SAKAV OVENS DRYERS & FURNACES
MRC
DRAGLAB
HMG ® India
Yatherm Scientific etc.

The market is estimated to be top consolidated and bottom fragmented only too few prominent players in the market. The players are opting for organic and inorganic growth strategies such as acquisition, merger, product launch and regional expansion.

However, the regional player in the industry will be facing huge competition from the leading players due to the amalgamation of new technologies for the enhancement of the product.

What are the Driving Factors for BOD Incubator Market?

BOD Incubators are the biological oxygen incubators used for the growth of culture in any scientific lab or research lab. The inflation in the demands of products is seen due to a heightening case of microbial infection among humans.

The medicinal industry has witnessed a noteworthy investment in the past few decades for the development of economic and fast replicating organisms to develop medicines. Howbeit, the high cost of the device which is larger than maintenance cost and acquisition cost has led to an overall increase in device cost and ownership.

The diversified application of incubators for preserving the vaccine, for life cycle testing, refrigeration and storage of microorganisms has increased its deployment in hospitals and research centers.

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The advancement of technology in the healthcare industry is expected to become a significant market growth factor. Increased consumer discretionary income, cost benefits, and an ageing population base are all anticipated to bode well for the global healthcare equipment industry in the near future.

Expected growth in end-use sectors would undoubtedly boost demand, resulting in rapid penetration. The market is expected to open up significant potential opportunities as a result of the aforementioned considerations.

Global Outlook of BOD Incubator Market

The prominent region included in the report is North America, Latin America, Europe, East Asia, South Asia and MEA. North America is the leading region in the field of healthcare and research spending.

The U.S is the highest spending on healthcare per person, making it the world leader. The health consumption expenditure per capita, in the US in 2019 was US $ 10, 966. The U.S is holding approximately more than 65% of the market share in North America.

Following North America is Europe and East Asia. Switzerland in Europe is having US$ 7,732 for health consumption expenditures per capita. Another reason for the rising demand in the region is the growing old age population which are prone to various diseases.

South Asia and Latin America are expected to gain market share due to the rise in government spending and growing biotech industries in the region.

Key Segments

Number of Trays:

Operation Type:

Digital
Manually

Volume:

50-100 liter
100-500 liter
500-1000 liter
1000 Above liter

End-user:

Research and Development labs
Educational Institute
Hospitals
Food and Beverage

Sales Channel:

Modern Trade
Franchised Outlets
Online Channel

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe

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Globally Lead Acid Battery Market Valuation Will Top US$ 90.5 Billion By 2032- FMI

The lead acid battery market valuation is expected to reach US$ 54.3 Billion in 2022. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2022and 2032. According to the study, the overall lead acid battery market valuation will top US$ 90.5 Billion by 2032. As per FMI, the demand for AGM batteries is expected to increase at a high pace, exhibiting a 6.2% CAGR in 2021

There also is an increasing demand from other industries for the deployment of lead-acid batteries. An increasing number of players focusing on research and development related to lead-acid batteries is anticipated to have a significant contribution to market growth in the years to come.

The call for lead-acid batteries is increasing with the rise in the volume of the car fleet in the latest years. This may be attributed to an increase in aftermarket income in normal interims for battery replacement.

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The growing requirement has led to mass production and has increased the importance of process automation in the lead-acid battery market. The market is shifting towards industry 4.0 s, leading to the universal adoption of new production technologies.

Key Takeaways from Lead Acid Battery Market Study

The flooded battery is projected to hold over 49% of the global market share in 2021 in terms of product type, supported by superior configurations.
Transportation is projected to hold over 56% of the overall market share as the leading segment in terms of application by 2031-end, supported by increasing investments in electric vehicle production.
China will remain a chief market, backed by rising demand from the automotive industry. It is expected to account for over 57.3% of demand registered in East Asia in 2021.
The market in India is set to surge at around 6% CAGR over the next ten years.
Germany is emerging as a key market in Europe, accounting for over US$ 2,509.4 Mn in 2021, driven by the expansion of the automotive industry.

“The lead-acid battery market is growing at a strong pace, driven largely by increasing demand for energy-efficient solutions across the automotive sector. The increasing demand for electric vehicles will create extensive opportunities for manufacturers. Key industry participants have been focusing on product diversification to offer energy-efficient solutions and gain a competitive advantage,” says a Future Market Insights analyst

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Competitive Landscape

The lead-acid battery market is highly competitive at regional as well as global levels and highly consolidated in nature. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares.

Some of the key players in this industry include but are not limited to Furukawa Electric Co., Ltd., Narada Power Source Co. Ltd., Clarion, Leoch International Technology Ltd., Enersys, Exide Industries Ltd., GS Yuasa Corporation, East Penn Manufacturing Co., Chaowei Power Holdings Limited., and others.

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The research report analyzes the demand for Lead Acid Batteries. The global Lead Acid Battery market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights, the market has been analyzed based on product type, power source, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.

Key Segments Profiled in the Lead Acid Battery Industry Survey

Lead Acid Battery Market by Product Type:

Flooded Battery
AGM Battery
Gel Battery

Lead Acid Battery Market by Application:

Lead Acid Battery for Transportation
- Lead Acid Battery in Passenger Cars
- Lead Acid Battery in LCV
- Lead Acid Battery in HCV
- Lead Acid Battery in Two wheelers
- Others
Lead Acid Battery for Motive Industrial
Lead Acid Battery for Stationary Industrial
Lead Acid Battery for Commercial
Lead Acid Battery for Residential
Lead Acid Battery for Grid Storage
Lead Acid Battery for Others

Lead Acid Battery Market by Sales Channel:

Lead Acid Battery in OEM
Lead Acid Battery in Aftermarket

Lead Acid Battery Market by Region:

North America Lead Acid Battery Market
Latin America Lead Acid Battery Market
Europe Lead Acid Battery Market
Asia Pacific Lead Acid Battery Market
Middle East and Africa (MEA) Lead Acid Battery Market

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Retractable Needle Safety Syringes Market is likely to grow at a steady CAGR of 4.0% between 2022 and 2032

[376 Pages Report] As per Future Market Insights’ latest industry analysis, the global retractable needle safety syringes market was valued at around US$ 5.49 Bn in 2021 and is anticipated to reach US$ 8.45 Bn by 2032, exhibiting a CAGR of around 4.0% over the forecast period (2022-2032).

Attribute	Key Statistics
Retractable Needle Safety Syringes Market Base Value (2021)	US$ 5.49 Bn
Projected Market Size (2032)	US$ 8.45 Bn
Value-based CAGR (2022-2032)	4.0%
Market Share of Top 5 Countries	53.9%

In the retractable needle safety syringes, as soon as the plunger handle is fully depressed, the needle is immediately drawn back from the patient and into the syringe’s barrel. Pre-removal automatic retraction practically eliminates exposure to the contaminated needle, thus lowering the chance of needle stick injuries.

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Major technological developments related to needles and syringes, such as the introduction of retractable needle safety syringes, lubrication technology and needle-stick safety-equipped devices, have increased the demand for retractable needle safety syringes in the market.

In addition to this, development of various safety devices, such as a passive needle guard with an advanced retractable needle system and plastic shield is largely addressing the issue of needle-stick injuries. Thus, technological advancement will continue to play a key role in spurring growth of the retractable needle safety syringes market.

Furthermore, organizations and manufacturers with advanced procurement functions have opportunity to grow and expand their business to purchasers and traders. Together they work to develop innovative products in order to boost revenues and profits for both parties. They are using different key strategies, such as new product launches, expansion, and collaborations, among others to expand their footprint.

For instance, in June 2021, the space Medtech start-up ResearchSat partnered with the subsidiary of Numedico Technologies Pty Ltd. (Numedico Science Pty Ltd.), to work together for developing innovative therapies and drugs delivery based systems.

Key Takeaways from Market Study

By product, manual retractable safety syringes are expected to hold around 1% market value share by the end of 2032.
By application, intravenous segment holds a market share value of around 0%.
By end-user, hospitals segment accounted for the highest market share value of 7% in 2021.
North America accounted for around 4% revenue share of the global retractable needle safety syringes market in 2021.
The retractable needle safety syringes market in Germany is set to expand at 1% CAGR during the forecast period.
Demand for retractable needle safety syringes in China to increase at a CAGR of 2% over the next ten years.

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“With increasing advancement in retractable needle safety syringes and surge in needle stick injury cases, growth in the retractable needle safety syringes market is on the cards,” as per the analyst of Future Market Insights.

Who is Winning?

Acquisition among the companies or brands is the key strategy of the retractable needle safety syringe manufacturers such as Becton, Dickinson and Company, Cardinal Health, and Nipro Corporation to grow their presence in the market and compete with other competitors during the coming years. Following are a few examples of acquisitions made by them to be at the top position:

In November 2020, BD acquired the medical business assets of CUBEX LLC, broadening its automated dispensing portfolio across the care continuum.
In January 2019, Cardinal Health announced the acquisition of Mirixa Corporation, a leading organization in developing solutions for medication therapy management.
In February 2021, Terumo Corporation announced the acquisition of Health Outcomes Sciences, Inc.

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Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2012 to 2032. The global retractable needle safety syringes market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on retractable needle safety syringes market segment based on Product – (Manual Retractable Safety Syringe and Auto-retractable Safety Syringe), By Application (Subcutaneous, Intramuscular, and Intravenous) By End User – (Hospitals, Clinics, Ambulatory Surgical Centres and Others), By Distribution Channel (Direct to Customer, Retail (Retail Pharmacies and Drug Stores) and Online Pharmacies) across seven major regions.

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Key Players :

Axel Bio Corporation, Inc
Becton, Dickinson and Company
Numedico
Lifelong Group
DMC Medical Ltd.
Retractable Technologies, Inc.
Smiths Medical
Sol-Millennium Medical Group
UltiMed, Inc. (Ulticare)
Revolutions Medical Corporation
Medicina (HMC Group)
Haiou Medical
Mediprim
Cardinal Health
Medline Industries
Duopross Meditech Corp.
Nipro Corporation
Terumo Corporation

Key Market Segments Covered in Retractable Needle Safety Syringes Industry Research

By Product:

Manual Retractable Safety Syringe
Auto-retractable Safety Syringe

By Application:

Subcutaneous
Intramuscular
Intravenous

By End-User:

Hospitals
Clinics
Ambulatory Surgical Centres
Others

By Distribution Channel:

Direct to Customer
Retail
- Retail Pharmacies
- Drug Stores
Online Pharmacies

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Removable Partial Dentures Market is projected to surpass US$ 3042.5 million by 2032

A removable partial denture (RPD) is a partial denture for those patient who wants to have replacement teeth for aesthetic or functional reasons. Removable partial denture is mostly used by those people who are not eligible for fixed partial dentures and implant supported prosthesis. Removable partial denture prosthesis can be made-up from metal alloy, acrylic resin and thermoplastic resin. When required, patients can remove and reinsert a removable partial denture without professional help.

Whereas a fixed partial denture can only be removed by a dental professional. A removable partial denture is a prosthesis that replaces few missing teeth. A removable partial denture is an absolute prosthesis which is used in dental profession since years for rehabilitation of edentulous patients. Removable partial denture consists of a metal alloy which is made up of base metal alloys (usually with cobalt-chromium alloy).Acrylic teeth is attached to the metal base of removable partial denture. Metal retentive clasp are present which holds the cast partial denture in place.

These removable partial dentures are attached with the help of metal framework to keep the teeth on place. The metallic appearance of the clasp may be preventive, used for treating those patients who are very much worried about the aesthetics. Benefits of the removable partial dentures are improved chewing and speaking, reduces sagging and premature aging of the face, decreased risk of gum diseases, prevents the remaining teeth form shifting around, lowered jaw stress and tension, etc.

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Removable Partial Dentures Market: Drivers and Restraints

The key factors responsible for the growth of global removable partial dentures is the growing incidence of teeth loss, rising aging population and increasing disposable income. In addition, the increasing focus on providing quality dental care and growing life expectancy of the adult population is creating the need in the removable partial dentures market and hence increasing the growth of global removable partial dentures market. However, low reimbursement, fewer experienced denture technicians and poor dental insurance coverage for dental implant is restraining the growth of global removable partial dentures market.

Removable Partial Dentures Market: Overview

A removable partial denture is used to fill the gap between the teeth. Removable partial denture is attached to the teeth with the help of metal framework to keep the teeth on place. The current scenario of the global removable partial dentures market is increasing due to the majority of the population are losing their teeth due to the gum diseases or tooth decay. Acrylic material for removable partial dentures are less expensive as compared to the other materials and this increases the adoption of acrylic material. Acrylic partials are mostly used as a temporary replacement of the missing teeth. Removable partial dentures provides an additional support for a more stable and powerful bite for easier chewing. Removable partial dentures can also enhance the natural appearance and ability to speak clearly.

Removable Partial Dentures Market: Regional Overview

Region wise, the global removable partial dentures market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. North America is expected to lead the market due to the better economic condition, advanced healthcare facilities and better government initiatives. In addition, more business investments for research and development in North America makes the region a leading market for global removable partial dentures market. Europe market is expected to hold second largest market share followed by Latin America due to increasing awareness. Asia Pacific is expected to show the moderate growth due to the lack of awareness amongst people.

Removable Partial Dentures Market: Key Players

VITA Zahnfabrik H.
Rauter GmbH & Co.
KG, Yamahachi Dental Products
Den-Mat Holdings, Kanfit 3D Ltd.
Renishaw plc. Beta Health Association
Inc.,Polident, Klema.

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 geography, grade, form and applications.

The report covers exhaustive analysis on:

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

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Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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.

Removable Partial Dentures Market: Segmentation

The global removable partial dentures market is classified on the basis of material type, end user, and geography.

Based on material type, the global removable partial dentures market is segmented into the following:

Acrylic
Flexible thermoplastics
Replacement partials
Combination of metal/acrylic
Cast Metal

Based on end user, the global removable partial dentures market is segmented into the following:

Hospitals
Dental clinics
Dental schools
Laboratories

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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