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Liquid Thermal Interface Materials Market Expectations & Growth Trends Highlighted until 2028

March 7, 2019 by Steve Blade  

According to a recent study by Fact.MR, demand for liquid thermal interface materials is estimated to grow at 4.5% in 2019 over 2018. Gains are likely to be driven by development of novel liquid thermal interface materials and their widespread adoption in electrical and automotive industries.

According to the study, as adoption of artificial intelligence and machine learning technology grows, the demand for high-performance computing solutions is on the rise. With consumers increasingly preferring compact high-processing laptops and PCs, integrated circuit manufacturers are focusing on the production of high-density circuits with smaller sizes. Demand for high-performance computing continues to surge with incremental growth in the sales of high-performance gaming laptops and alienware.

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The study finds that liquid thermal interface materials are gaining increasing traction in the market providing microprocessor manufacturers an efficient and lightweight solution for the production of miniature electronic components.

Growing demand for wearable technology such as smartwatches and virtual reality headsets is also likely to fuel the demand for small-sized electronic components which, in turn, is estimated to benefit the liquid thermal interface materials market. Additionally, burgeoning demand for compact high-performance processors in smartphones is further estimated to bolster liquid thermal interface material market growth.

Challenges with Silicone Thermal Management Creating Opportunities

Silicone-based thermal interface materials are the conventional thermal management systems being used in LEDs since their inception. However, recent studies have linked silicone-based thermal interface materials to be a vital cause for the decreased output of LEDs over time. According to the Fact.MR study, manufacturers are making a shift towards other alternatives due to these challenges. These shifts have also been complemented by the rising cost of producing silicone.

Browse Full Report on Liquid Thermal Interface Materials Market with TOC- https://www.factmr.com/report/3085/liquid-thermal-interface-materials-market

The gradual shift to non-silicone-based thermal interface material is likely to open up lucrative opportunities for liquid thermal interface material manufacturers with LEDs finding growing adoption in households and automobile industry owing to its cost-effectiveness and eco-friendly nature. Companies are launching new products to leverage the growing demand for non-silicone based thermal interface material in the LED industry, a recent example being Electrolube’s launch of two non-silicone thermal pastes in Heat Transfer Compound Plus and Heat Transfer Compound.

Additionally, liquid alloys offer promising prospects to explore in the liquid thermal interface material market with the substances offering the superior thermal conductivity of metals while allowing greater control over consistent application on surfaces, unlike liquid metals.

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Europe Remains the Largest Market for Liquid Thermal Interface Materials

According to Fact.MR’s research, Europe is expected to remain at the forefront of liquid thermal interface material market growth. Burgeoning investments in the electric vehicle market, coupled with numerous initiatives popularizing the adoption of the eco-friendly alternatives are likely to present lucrative opportunities for liquid thermal interface material manufacturers with thermal management occupying the primal focus of electric vehicle battery manufacturers.

Numerous companies are expanding their production facilities or setting up new manufacturing sites to capitalize on the growing demand for thermal interface materials in Europe. For instance, Sekisui Chemicals Ltd., a leading manufacturer of thermal interface material, announced it would be setting up a production facility in the Netherlands specifically to meet the burgeoning demand for thermal interface material in the electronic vehicle industry in Europe. Due to these factors, Europe is estimated to account for the production of more than 20% of liquid thermal interface materials in 2019. 

Interactive Display Market Forecast Covering Growth Inclinations & Development Strategies until 2026

March 7, 2019 by Steve Blade  

According to a recent study published by Fact.MR, the global interactive display market is projected to register a high double-digit CAGR throughout the forecast period (2017-2026). Sales of interactive display across the globe are estimated to reach nearly US$ 17,000 Mn in revenues by 2026-end.

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Surging Popularity of E-Learning to Propel Demand for Interactive Display

E-learning is gaining immense momentum in the educational sector worldwide, which in turn is alleviating the quality of education in classrooms along with improved interaction between students. Interactive displays serve as an ideal tool for delivering the content interactively in e-learning. Interactive walls, interactive monitors, interactive white boards, and interactive kiosks are witnessing significant adoption in developed countries such as the U.S., the U.K, and Canada. In addition, the tremendous increase in penetration of the internet, and the need to lower human involvement in production processes has necessitated demand for reliable and convenient human-machine interaction. Being highly user-friendly, interactive displays are finding huge applications in manufacturing processes and various other industrial verticals. Several industries across the globe are increasingly automating their business processes, making the accessibility and flexibility provided by interactive displays appealing.

Students around the world are increasingly attracted toward 3D graphical presentations of their academics. In addition, 3D graphics play a pivotal role in medical diagnostics and the biomechanical sector. 3D interactive displays, which are devoid of 3D glasses, are expected to emerge as the next-generation display, attracting interests of various end-use sectors, and thereby influencing the market growth. Decreasing costs of interactive displays, along with rising popularity of high-definition (HD) displays are further expected to propel the market expansion. In addition, integration of these displays into systems such as voice recognition, GPS and audio systems in 3D advertising are expected to pave huge growth opportunities for manufacturers.

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4 Key Takeaways from Fact.MR’s Report on Interactive Display Market for Forecast Period 2017-2026

  • Collectively projected to account for over 50% revenue share of the market in 2017, North America and Asia-Pacific excluding Japan (APEJ) are anticipated to remain the largest markets for interactive display. However, the market in APEJ will register a comparatively higher CAGR than the market in North America through 2026. Europe is also expected to be a lucrative region for expansion of the interactive display market.
  • Based on product type, interactive white board will continue to be sought-after in the market, with sales estimated to exceed US$ 10,000 Mn in revenues by 2026-end. Revenues from sales of interactive white board will remain significantly higher than those from interactive flat panel display and interactive projectors combined.
  • Education Sector will continue to be the most lucrative end-user of interactive display, followed by finance & professional services. Revenues from sales of interactive displays in these two end-user segments will account for over two-fifth share of the market during 2017 to 2026. Travel & transportation will remain the least lucrative end-user of interactive displays.
  • 66 IN – 70 IN and 56 IN - 65 IN are anticipated to remain preferred size type among end-users in the global interactive display market. 56 IN – 65 IN size type of interactive display will register a comparatively faster expansion in sales than 66 IN – 70 IN through 2026.

Key Companies

Key companies identified by the report, which are proactively supporting expansion of the global interactive display market, include Cisco Systems Inc., Epson America, Inc., Google Inc., Microsoft Corp, SMART Technologies, Egan Teamboard Inc., NEC Display Solutions Ltd., ViewSonic Corporation, Hitachi, Ltd., LG Display Co., Ltd., Panasonic Corporation, IntuiLab SA, Planar Systems Inc., Crystal Display Systems Ltd., BenQ Corporation, and Samsung Display Co., Ltd.

Meatainers Market: Online Sales of Meatainers to Register High Volume CAGR

March 7, 2019 by Steve Blade  

Pivotal role of packaging containers in the storing and transportation of fresh or processed meat keeps gaining significance in the global food industry. The essential utility of these “meatainers” in eliminating the risks of secondary contamination of meat and providing the required strength and durability is valued by meat production companies across the globe. Fact.MR estimates that the worldwide sales of meatainers will bring in over US$ 210 million revenues by the end of 2026. However, the report reveals a moderate growth in demand for meatainers in the coming years. During the period, 2017-2026, the global market for meatainers is pegged to register a modest CAGR of 4.4% in terms of volume.

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Fact.MR’s take on the future of the global meatainers market expects a moderate growth in the coming years. While meatainers will remain a key commodity in meat & poultry packaging vertical, manufacturers fail to increase their profitability across these products. High strength and durability of meatainers is lowering their sales by exhibiting a low replacement rate. It has been estimated that by the end of 2026, nearly 500,000 tons of meatainers will be sold worldwide in the meat production & processing industry. The report further assesses that the global meatainers market will reflect moderate expansion at a CAGR of 4.9% in terms of value over the forecast period, 2017-2026.

In 2017, nearly 105,000 tons of meatainers were used by beef producers across the globe. The report also estimates a high use of meatainers in chicken packaging operations. Over the forecast period, more than 50% of the meatainers market volumes will be accounted by their use in packaging of beef and chicken. Manufacturers are improving the functionality of meatainers by curbing their role in contaminating the beef from exposure to particulates of corrugated materials.

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The report also observes that meatainers will be predominantly sold through offline channels. In 2017, offline channels registered sales of nearly 280,000 tons of meatainers. However, increasing presence of packaging vendors on e-commerce platforms will drive the online sales of meatainers in the near future. Over the forecast period, online sales of meatainers are expected to register a high volume growth at 6.1% CAGR.

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Lyburn Supplies, Amazing Packaging Supplies, Abbe Corrugated Pty. Ltd, Orora Limited, Packaging Corporation of America, Heathpak Ltd., Smurfit Kappa Group PLC, WestRock Company, International Paper Co. and DS Smith are expected to actively partake in the expansion of meatainers market across geographies. Companies namely, Charta Packaging, Industrial Packaging Corporation, CoolSeal USA, Standard Meat, Austcor Packaging, Robert Mann Packaging, Kruger Packaging, Star Box Inc, Cano Container Corporation, Norampac Inc., and Crown Packaging are also recognized as key market players, and are expected to expand their production capabilities by increasing their presence in the APEJ and North America regions.

 About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Functional Workwear Apparel Market to Experience Significant Growth during the Forecast Period 2017 to 2026

March 7, 2019 by Steve Blade  

Growing prevalence of diabetes has led to various foot related problems such as ulceration and neuropathy. In addition, increasing cases of arthritic foot leads to nagging pain, due to which the patients are required to wear protective cartilage. Prevalence of various foot related problems has led to an upsurge in demand for functional footwear workwear apparel. Manufacturers are focusing on designing apparels according to the professional requirements of the customers.According to Fact.MR, the global functional workwear apparel market is expected to represent a value of over US$ 700 Mn by the end of 2026.

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Companies are increasingly defining the workwear according to the nature of profession. In addition, demand for protective workwear apparels that are equipped with protective features such as resistance from rain, sun, snow and wind will continue to increase in the manufacturing industry. As the workforce employed in the manufacturing industry are subject to extreme temperature, manufacturers are incorporating protective features such as safety glasses, personal flame-monitor, steel-toe boots and flame-resistant fabric.

Technological Advancements to Underscore Lucrative Opportunities

Demand for the functional workwear apparel will also continue to gain momentum bound to incorporation of technological advancements. Manufacturers are also increasingly designing garments quipped with functional details such as adjustable trouser length, extra stretch in the apparels. In addition, demand for workwear equipped with U.V protection features in the mining industry will continue to increase during the forecast period.

Sports Industry to Contribute Towards Growth of Global Market

Functional workwear apparel are also increasingly witnessing significant demand in the sports industry bound to growing need for boost in performance. Incorporation of aerodynamic features for sport activities such as skiing, cycling and swimming is further expected to impact growth of the global functional workwear apparel market. These factors are expected to contribute towards growth of the global functional workwear apparel market significantly during the forecast period.

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Synthetic Fiber to Represent a Leading Segment

Increasing employment opportunities and progress in the manufacturing industry is expected to rev up demand for functional workwear apparel in APEJ. On the basis of region, the functional workwear apparel market in APEJ is expected to represent a leading region in the global functional workwear apparel market during the forecast period. The functional workwear market in Europe is expected to represent positive growth bound to increasing investment in the research and development for fabric development and innovation. Manufacturers in this region are further focusing on equipping the workwear with advanced fabric that is durable, water-resistant and maintain body temperature.

Based on workwear type, the uniform segment is expected to generate significant revenues, recording a value of over US$ 600 Mn by 2026-end. The synthetic fiber is expected to outsell the natural globally. In terms of revenue, the synthetic fiber is expected to represent a revenue growth of around US$ 600 Mn during the forecast period. By buyer sector, the service sector segment is expected to remain a dominant market. Throughout the forecast period, the service sector buyer sector segment is expected to witness significant revenue growth, representing a value of over US$ 300 Mn.

Competition Tracking

Leading market players operating in the global functional workwear apparel market include Fristads Kansas AB, V.F. Corporation, Rentokil Initial Plc, Aramark, Ansell Limited, Engelbert Strauss GmbH & Co. KG, Sioen Industries NV, Carhartt, In, Delta Plus Group, Lakeland Industries, Inc, Duluth Holdings Inc., Delta Plus Group, Mascot International A/S, Superior Uniform Group, Inc, Alsico NV and Jonsson Workwear (Pty) Ltd.  

Innovations in Textiles to Influence the Growth of Protective Fabrics Market

March 7, 2019 by Steve Blade  

Current trends in smart fabrics and protective textiles are expected to auger well for the global market for industrial protective clothing fabrics. Innovations in the textile clothing for industrial protection for workers are the key factors significantly pushing the growth of the protective fabrics market. In addition, with increasing number of manufacturing units coupled with noteworthy employment rates, it becomes imperative for companies to develop efficient protective clothing fabrics for workers. This is expected to drive the demand for industrial protective clothing fabrics during the period of assessment.

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Fact.MR’s analysis on industrial protective clothing fabrics reveals that the global market for this product is anticipated to expand at a high rate. The global market for industrial protective clothing fabrics is expected to grow at a volume CAGR of 7.8% throughout the period of assessment, 2017-2026. During this timeline, the sale of industrial protective clothing fabrics market is estimated to surpass US$ 4 Bn by end of the year of assessment (2026). The key participants profiled in this extensive research report include PBI Performance Products, Inc., Koninklijke Ten Cate NV (TenCate), Gunei Chemical Industry Co., Ltd., and Mount Vernon Mills, Inc., to name a few.

The demand for industrial protective clothing in Asia Pacific excluding Japan (APEJ) region is expected to increase in the coming years. The APEJ region is expected to present potential growth opportunities for manufacturers involved in the production of industrial protective clothing fabrics during the assessment period. The main factor driving this growth is the growing employment statistics in emerging economies in APEJ, such as India and China. Both these countries have a large population pool, which has driven the employment scenario in these countries.

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With respect to material type, the demand for polyolefin and blends is comparatively higher than other types. Polyolefin and blends offer a high resistance against heat and chemicals. Moreover, the demand for polyolefin and blends for manufacturing of industrial protective clothing fabrics is higher owing to enhanced resistance against toxic chemicals and gases. Also, they are not affected by solvents and swell by chlorinated and aromatic hydrocarbons at higher temperatures, which adds to their demand.

With respect to thickness type, the demand for fabrics that are up to 0.056 inches thick is higher. However, industrial protective clothing fabrics with this thickness type, albeit gaining high steam, reflect low market share in the global industrial protective clothing fabrics market.

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Key manufactures involved in the production of industrial protective clothing fabrics include Koninklijke Ten Cate NV (TenCate), Teijin Aramid B.V. and Huntsman International LLC, to name a few. Manufacturers present in the global industrial protective clothing fabrics market are continuously striving to develop enhanced fabrics ensuring high protection for workers in any type of industrial environment. For example, TenCate has recently introduced TecaworkTM Ecogreen protective fabrics which are more sustainable and offer higher comfort properties to the wearer.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Tissue Expanders Market Forecast Covering Growth Inclinations & Development Strategies until 2026

March 7, 2019 by Steve Blade  

Growing prevalence of breast cancer is projected to rev up demand for tissue expanders globally. Moreover, increasing demand for reconstruction of face, neck and forehead due to injuries is projected to impact the global market growth of tissue expanders positively. Fact.MR states that the global market of tissue expanders is projected to reflect a CAGR of 6.9% over the forecast period, 2017-2026.

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Factors Fuelling Growth of the Global Market     

Growth of the global tissue expanders market is mainly bound to various macro-economic and micro-economic factors. Increasing number of breast removal attributed to breast cancer surgeries is projected to rev up demand for tissue expanders globally. World Cancer Research Fund states that breast cancer accounts for nearly 25% of the new cases of cancer and is a common type of cancer globally. Growing need to improve the aesthetic beauty is further expected to contribute towards the global market growth of tissue expanders. Breast tissue expanders continue to remain increasingly preferred and highly popular clinical option among the customers.

According to the Aesthetic Society for Aesthetic Plastic Surgery, breast lift procedures and breast augmentation accounts for 56% of the overall cosmetic expenditures performed in 2016. Increasing number of surgeries has led to increasing demand for the reconstruction of scalp and forehead skin globally. These factors are expected to contribute towards the global market growth of tissue expanders during the forecast period.     

Increasing number of road accidents lead to various injuries and scars on arms, head, legs and chest. Surge in the number of scars due to increasing number of road accidents is further expected to rev up demand for surgical interventions. According to the World Health Organization, more than 1.25 million people die in road accidents each year. These accidents have significantly led to legs, head, arms and chest injuries globally. Increasing number of road accidents is projected to remain a major factor that has revved up demand for treatment of the accident injuries and scars.

However, breakage or leakage of the silicon expanders is becoming a major concern for the tissue expansion treatment. Growing requirement of replacing the tissue expanders attributed to increasing leakage and spread of saline in the human body continues to increase demand for tissue expanders globally. Such incidences are expected to inhibit the global market growth of tissue expanders during the forecast period.

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Sales through Breast Reconstruction Application to Remain High

As need for reconstructing and uplifting breast arises, demand for anatomical tissue expanders is projected to increase globally. In terms of revenue, the anatomical tissue expanders product type segment is projected to witness robust growth in terms of revenue, recording for more than US$ 100 Mn by 2026-end. Further, the anatomical tissue expanders product type segment is projected to reflect significant CAGR throughout the forecast period.

On the basis of end uses, the specialty clinics end user segment is projected to witness the fastest growth during the forecast period. By 2017-end, the hospital end user segment is projected to witness the highest growth in terms of revenue, representing less than US$ 100 Mn.

Based on application, the breast reconstruction segment is projected to represent a significant revenue growth, accounting for more than US$ 150 Mn by 2026-end. On the other hand, the forehead skin and scalp reconstruction application segment is projected to reflect the highest CAGR throughout the forecast period.

Market Players

Major players in the global market of tissue expanders are Sientra Inc., PMT Corporation, Johnson & Johnson, Allergan Plc, Groupe Sebbin, Polytech Health & Aesthetics, AirXpanders Inc., Koken Co. Ltd., Guangzhou Wanhe Plastic Materials and GC Aesthetics. 

Biomedical Refrigerators and Freezers Market Forecast Covering Growth Inclinations & Development Strategies until 2022

March 7, 2019 by Steve Blade  

Growing prevalence of various diseases is projected to boost demand for vaccines in the healthcare institutions globally. In addition, increasing advancements in biobanking techniques is projected to impact the global market growth positively. Fact.MR states that the global market of biomedical refrigerators and freezers is projected to reflect a CAGR of 5.7% over the forecast period, 2017-2022.

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Factors Fuelling the Global Market Growth

Growth of the global biomedical refrigerators and freezers market is mainly bound to various macro-economic and micro-economic factors. Prevalence of various disorders is projected to boost demand for vaccines in various healthcare institutions. Treatment of various diseases will also continue to boost demand for blood and derivatives of blood. Biomedical freezers and refrigerators is projected to witness significant demand in the research laboratories, blood banks, educational institutions, hospitals and diagnostic centers. Surge in demand for storage of biomedical samples will continue to fuel adoption of biomedical refrigerator and freezers globally.

Vaccination management is becoming a major concern in various healthcare and research institutions. Growing need for storing biomedical samples at exact and accurate temperature will further fuel adoption of biomedical freezers and refrigerators globally. Moreover, growth of the cell therapy has significantly revved up production of medicines, custom-made vaccine products and blood transfusion. Increasing demand for storage of the biomedical samples and products attributed to growing need for cell therapy is further projected to boost demand for biomedical freezers and refrigerators. These factors will continue to impact growth of the global market of biomedical refrigerators and freezers throughout the forecast period.

In addition, demand for biomedical freezers and refrigerators will further continue to increase due to growing investment in the research and development. Researchers are significantly focusing on development of various innovative treatment procedures and medical products for the treatment of various diseases. Development of innovative techniques and products has led to increasing demand for various biomedical samples globally. Educational institutions are also increasingly investing in research and development in collaboration with various healthcare institutions. Growing investment in research and development by various healthcare and educational institutions is projected to contribute towards the global market growth of biomedical refrigerators and freezers throughout the forecast period.

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Growing developments in the biobanking technology has transformed various aspects of science including biospecimen science and biorepository. With the growing advancements in biobanking, adoption of automated technology and robotic processing and handling process of the samples is projected to make the process of biobanking more effective. Moreover, development of various software applications that helps in storage management of blood and other biomedical samples is further projected to impact the global market growth of biomedical refrigerators and freezers positively.

Sales to Remain High Through Hospitals

As the requirement for storing blood and blood derivatives arise, demand for the plazma freezers is projected to increase globally. In terms of revenue, the plazma freezers product type segment is projected to represent the highest growth, representing more than US$ 400 Mn by 2022-end. In contrary, the cryogenic storage systems product type segment is projected to reflect a significant CAGR throughout the forecast period.

By 2022-end, the hospitals end user segment is projected to represent a robust revenue growth, accounting for more than US$ 300 Mn by 2017-end. On the other hand, the research laboratories end user segment is projected to reflect a healthy CAGR over the forecast period.

Market Players

Major players in the global market of biomedical refrigerators and freezers are Arctiko A/S, Aegis Scientific, Inc., Biomedical Solutions Inc., Binder GmbH, Coldway SA, Bionics Scientific Technologies Co., Ltd., Eppendorf AG, Desmon S.p.A, Gram Commercial SAS, Froilabo SAS, Liebherr International AG, LabRepco Inc., Philips Kirsch GmbH, Panasonic Healthcare Co., Ltd., Thermofisher Scientific Inc. and Terumo Corporation.

Demand of Fumaric Acid in Animal Feed Application to Soar at a Higher Pace During the Forecast Period

March 7, 2019 by Steve Blade  

  Application of fumaric acid in several end use industries across various applications has been witnessed over the last decade. With growing research and development activities, the scope of application of fumaric acid has gone beyond the main food and beverage industry. It is widely used for cosmetic applications, where it regulates the pH value of various cosmetic products and maintains the acidic nature of the product. This has pushed the sales of fumaric acid at a steady pace in the cosmetic industry, especially in body cleansing lotions.

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Moreover, another aspect driving the demand for fumaric acid is the growing use of unsaturated polyester resins and paints, in the construction and the automotive industries. Fumaric acid is an essential ingredient in the manufacturing of paints, alkyd resins and unsaturated polyester resins. In food industry, rising use of fumaric acid in bakery products is expected to supplement the growth of the global market. Due to its crystalline nature, colorless and odorless properties, fumaric acid is best suited for bakery products which enhances flavors and supports the preservation of bakery products.

Extraction of fumaric acid using fermentation is expected to witness an upsurge as it provides high quality and effective fumaric acid produce. Rate of adoption of fermentation is expected to go beyond 8% during the forecast period. Use of maleic anhydrite for fumaric acid production by few manufacturers is also observed during the assessment period

Pharmaceutical and cosmetic industries have shown similar consumption rate of fumaric acid. However, higher sale of fumaric acid in pharmaceutical applications has been witnessed, as compared to cosmetics. Food and beverage continues to lead the global market

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A one-of-its kind research methodology is applied by Fact.MR to obtain highly accurate data with reduced deviations. Based on an in-depth market segmentation, the entire fumaric acid market is churned with the help of a secondary research. As the research progresses, several primary interviews are carried out to deep dive in the global market. Industry experts, influencers, market observers and though leaders associated with fumaric acid are interviewed to sketch a realistic contour of the global market. With the help of triangulation procedure, the data from secondary and primary research is collated and extrapolated to arrive at a high accuracy data point. This process is carried out for all market segments and regions and analysis is forecasting is carried out depicting future market scenario.

With respect to applications, fumaric acid is widely used in food additives and unsaturated polyester resins. Moreover, animal feed is another application area where the consumption of fumaric is expected to grow at a higher rate during the period of forecast. It is projected to grow at 8.7% throughout the analysis period, 2017-2026

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Key players operating in the global fumaric acid are Bartek Ingredients, Thirumalai Chemicals, Polynt S.P.A, Nippon Shokubai Co. Ltd., Tianjin Bohai Chemicals, The Chemical Company, Wego Chemical Group and Changzhou Yabang Chemical Co. Ltd.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

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Epistaxis Market Highlighting Regional Revenue Share Dominance During 2017 to 2026

March 7, 2019 by Steve Blade  

In several emergency cases, oral doctors and maxillofacial surgeons are being called on in the hospitals to check the common case of nose-bleeding. This condition, medically known as epistaxis, has been one of the common pains for people through the age. Increasing exposure to physical traumas and harsh environment continue to factor the incidence of epistaxis across the globe. From physical assault to entry of foreign particles, epistaxis can be caused from a range of factors, increasing the need for appropriate and easily available medicine. Manufacturers of drugs are actively developing improved drugs on epistaxis to help people control persistent bleeding from the nose. A recently-published report by Fact.MR projects that in 2017, nearly US$ 150 Mn worth of epistaxis medicine and drugs will be sold across the globe.

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The study further expects that by the end of 2026, the global epistaxis market will be worth over US$ 230 Mn value, expanding at an estimated 5.2% CAGR during the forecast period, 2017-2026. Key factors driving the sales of epistaxis have been addressed and analyzed in the report. Research shows that common etiologies for epistaxis include blood dyscrasias, consumption of bioreactive medications, arteriovenous malformations, traumatic intubation, orthognathic surgeries, and oncological surgeries. Prevalence of such factors has necessitated the need for first-line medical assistance and management, which is greatly important for minimizing patient morbidity, and in worst cases, mortality. The report has considered several scenarios that project a robust growth in demand for epistaxis medicine in the foreseeable future.  

Key Insights from the Report

The study has analyzed the global epistaxis market on the basis of indication, distribution channel, and product types. Key research findings on the segmental analysis of the global epistaxis market include:

  • In 2017, more than forty percent of revenues procured in the global epistaxis market will be accounted by the sales of cauterizing agents
  • Through 2026, global sales of cauterizing agents for epistaxis treatment are estimated to bring in nearly US$ 90 Mn
  • Hospitals will represent the largest distribution channel for epistaxis drugs, accounting for more than one-third share of global revenues during the forecast period
  • A majority of products sold in the global epistaxis market will be used in treatment of anterior epistaxis, revenues from which are estimated to be worth over US$ 200 Mn by 2026-end

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Incidence of Epistaxis to Remain High in North America

Nosebleed is a common medical condition among the North American population. During their lifetime, more than three-fifth of the population in the US and Canada suffer from epistaxis. Depending on the causative factor, the degree of epistaxis varies from person to person, and robust healthcare infrastructure in the region guarantees the best medical assistance for North Americans suffering from epistaxis. The report estimates that by the end of 2026, the epistaxis market in North America will be worth nearly US$ 90 Mn. The report further projects that the incidence of epistaxis will be considerably high in the Latin American region. Through 2026, Latin America will account for one-fourth revenue share in the global epistaxis market.

Key companies developing drugs on epistaxis have been profiled in the report. Ferring B.V., GlaxoSmithKline PLC, Smith & Nephew Plc., Medline Industries, Inc., Pfizer Inc., Ciron Drugs & Pharmaceuticals Pvt. Ltd., and Bristol-Myers Squibb Co. are expected to remain active in the expansion of the global epistaxis market through 2026. 

Growing Offshore Oil & Gas Investments to Boost Growth of Flame Retardant Market

March 7, 2019 by Steve Blade  

 According to Fact.MR’s recently compiled report, the flame retardant market will register a splendid 6.9% volume CAGR during the forecast period (2017-2026). Approximately US$ 7,300 Mn worth of flame resistant and retardant fabric are foreseen to be sold across the globe by 2026-end.

Development of novel products is a key trend observed in the global flame resistant and retardant fabric market. For example, in 2017, researchers from the Nanyang Technological University, located at Singapore, have developed a water-based solution for flame-retardant coating for cotton fabrics by using a phospho-nitrogen combination. This one-step spray-on procedure is employed for coating the fabrics by capitalizing on the spontaneous reactions between tetrakis (hydroxymethyl) phosphonium chloride (THPC) and para-phenylenediamine (PDA).

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Robust demand for these fabric for application in the production of protective clothing for fire fighters, naval & armed forces, and miners, is a key growth determinant for the market. For example - anti-flash gloves and hoods derived from Kevlar are currently being used by Royal New Zealand Navy (RNZN), and a flame retardant jute-based fabric has been developed by the IJIRA – Indian Jute Industries Research Association, for use as brattice clothing by coal miners.

Post-high uncertainty in oil & gas industry over the past few years, which was influenced by a plethora of factors including the advent of shale oil production, oil cost-cutting measures, and falling oil prices, offshore production has experience a downward trend. However, with stabilizing oil prices the offshore oil & gas exploration industry’s outlook for the future seems promising, with several large projects impending to be deployed such as Bonga Southwest, ACG and Mad Dog Phase 2.

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Key Research Findings from the Report

  • Oil & gas industries are envisaged to remain leading end-users of flame resistant and retardant fabric, in term of value. Relatively high demand in oil & gas industries can be primarily attributed to gradual rise in investments in offshore oil & gas exploration activities worldwide.
  • Based on thickness, 0.080-0.102 inches thick flame resistant and retardant fabric will remain sought-after among end-use industries in the market.
  • 12 to 17 oz. per sq. yard flame resistant and retardant fabric will account for the bulk revenue share of the market during 2017 to 2026.

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Europe will continue to spearhead the global flame resistant & retardant fabric market, with the bulk revenue as well as volume shares during 2017 to 2026. Robust demand for manufacturing a wide range of products that are employed in the region’s high-growth and well-established transportation industry is a key factor propelling the market growth in Europe. Countries such as Germany and Italy will lead the flame resistant and retardant market in Europe in light of high demand from the end-use industries such as automotive.

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