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Medical Flexible Packaging Market Latest Trends, Business Strategies and Competitive Outlook

October 18, 2019 by Amanpreet  

Fact.MR, in its new report, anticipates the global medical flexible packaging market to register a moderate growth over the forecast period 2017 to 2022. Sales of medical flexible packaging across the globe are expected to account for over US$ 25,000 Mn revenues by 2022-end.

Read Report Summary: https://www.factmr.com/report/247/medical-flexible-packaging-market

Various advantages are offered by medical flexible packaging, which include easy shipping, low waste, and product protection, along with the capability of lowering the overall weight of packaging by approximately 70%. Medical flexible packaging provides product and price differentiation to consumers, and aids the preservation of medical devices’ health and hygiene value. Huge growth opportunities for pharmaceutical and medical device manufacturers are expected to be witnessed across developing countries, which in turn will drive demand for medical flexible packaging in these regions.

Currently struggling in stagnant but mature markets, with a lot of regulatory barriers, and patent expirations, leading market players are adopting key strategies such as regional expansion, and brand positioning. Flexible packaging manufacturers are focusing on increasing their presence in developing economies, in a bid to benefit themselves from low-cost labor, and enhance their product offerings. These manufacturers are also focusing on diversification and combination of data analytics with the manufactured products, in order to develop new novel technologically driven products.

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Other factors expected to impact the market growth include effective supply chain management, attractive packaging, useful tool for identification & branding, prevention of product damage, and higher efficiency in transporting products. However, factors such as stringent government regulations pertaining to recycling of packaging materials, and use of polymers, are expected to curb growth of the market during the forecast period.

Medical flexible packaging are expected to find the largest application in pharmaceutical manufacturing over the forecast period. In addition, sales of medical flexible packaging products for application in implant manufacturing and contract packaging are poised to register a relatively higher CAGR through 2022. On the basis of product, seals will continue to be dominant in the global medical flexible packaging market, in terms of revenues. High-barrier films are expected to be the second most lucrative product in the market. However, wraps are anticipated to witness the fastest expansion in sales through 2022.

Key players projected to lead the global medical flexible packaging market are Datwyler Holdings, Aptar Group, Inc., Reynolds Group Holdings, Berry Group, Inc., Sonoco Products Company, Coveris Holdings S.A., Catalent, Inc., Becton Dickinson & Company, Constantia Flexibles Group GmbH, Mondi Group Plc, Huhtamaki Oyj, Sealed Air Corporation, Bemis Company, Inc., and Amcor Limited.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
E: info@factmr.com
Blog: https://theheraldmedia.com/

Formic Acid Market Investigation & Development Trends Analyzed till 2027

October 18, 2019 by Amanpreet  

The latest study by Fact.MR foretells the global formic acid market to record an expansion rate of around 5%. The increasing demand for formic acid in food processing and pharmaceutical industries are essential factors expected to boost the development of the worldwide market for formic acid. In addition, the use of formic acid, in leather tanning, rubber manufacturing, and food preservatives will also boost the growth of the market for formic acid over the forecast period. For example, formic acid is used as coagulant. Formic acid is used extensively as a catalyst in the manufacturing of different chemicals. Formic acid is an environment-friendly de-icing agent that is widely used to make the airport runway permanently ice-free. China and India lead the formic acid market among all countries in the region, with the largest share of global volumetric consumption in 2019


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Animal Feed Additives and Silage Preservatives Are Anticipated to Increase the Global Demand for Formic Acid


Due to its biodegradable properties, the demand for formic acid & formate salts in different regions is increasing in an array of applications. Animal feed and silage preservation in the agricultural sector, leather and textile industry are the largest consumers of formic acid due to its anti-bacterial nature and highly acidic properties. Formic acid is used for coagulating latex in the production of natural rubber, as an important chemical block, in regulating the pH value of chemical processes, and in pharmaceuticals, dyes, and perfume industries.


Imposed regulations on the proper use of formic acid is expected to slow the market growth. These are intended to safeguard natural resources against future adverse effects on the environment. While formic acid has taken the place of many of its alternatives in the marketplace, the biggest challenge facing the vendors is greener chemical processing. In the modus operandi, though, there will soon be a change with new nanotechnology, which uses atmospheric carbon to generate chemicals like formic acid. Another problem is that the formic acid manufacturing process uses steam that may come from a renewable source to reduce non-renewable resource usage. While the vendors are slowly overcoming these technical challenges, there are no concrete barriers that diminish the size of the formic acid market.


APAC Leads with More Than 50% of the Market Share in the Global Formic Acid Market


APAC is expected to dominate the global formic acid market over the forecast period mainly due to the high growth potential of China and India's agricultural sector and growing demand of applications in leather and textiles. Furthermore, a vast number of the chemical manufacturing industries in this region are expected to augment the growth of the market in the forecast period. APAC is followed closely by Europe. In the entire European region, U.K. shows a positive growth trend and is gradually expected to have a strong economy in the future. Due to the strong recovery of the economy in U.K, business investments in this country have also started increasing. The demand for animal feed and silage preservation is increasing, especially in Europe. The ban of antibiotics as growth promoters by the European Union is the key driver for the increasing consumption of formic acid in this application. As per industry standards, formic acid of 85% concentration is widely used in most of the industrial applications due to low toxicity levels which make it less hazardous to health.


Outlook Complete Research Report with TOC @ https://www.factmr.com/report/4279/formic-acid-market


Imposed regulations on the proper use of formic acid is expected to slow market growth. These are intended to safeguard natural resources against future adverse effects of formic acid on the environment. While formic acid has taken the place of many of its alternatives in the marketplace, the biggest challenge faced by vendors is greener chemical processing. In the modus operandi, though, there will soon be a change with new nanotechnology, which uses atmospheric carbon to generate chemicals like formic acid. Another problem is that the formic acid manufacturing process uses steam that may come from a renewable source to reduce non-renewable resource usage. While the vendors are slowly overcoming these technical challenges, there are no concrete barriers that diminish the size of the formic acid market.


Improving Production Capacity to Act as a Growth Lever


The global formic acid market is moderately consolidated with a few chemical industry giants capturing a large part of the market share. BASF SE and Feicheng Acid Chemical are the two major players within the global formic acid market accounting for over 40% of the market share. Other prominent producers include Shandong Liaocheng Luxi Chemical and Taminco. Foremost strategies for expanding the formic acid industry are product launches, mergers & acquisitions, and contracts & collaborations. These strategies would deliver effective goods and high-performance goods, supporting market laws and, lastly, better client satisfaction.


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Manufacturers of formic acid are planning to move their companies to locations offering cheap raw materials and labor. The growing emphasis on R&D activities and business expansion would improve the competitive environment between manufacturers of formic acid.


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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Suite 400
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United States
Email: sales@factmr.com


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Medical Superabsorbent Polymers Market Projections & Future Opportunities Recorded for the Period until 2027

October 18, 2019 by Amanpreet  

High exudate- and liquid-absorption capacity of superabsorbent polymers have swelled their adoption for applications in the medical industry. The industry’s inclination toward sustainability and use of green products has led scientists to put efforts for developing eco-friendly medical superabsorbent polymers, thereby paving new growth avenues for stakeholders. With the GHDI in developing nations on the rise, expensive medical treatments and surgeries have gained interest of consumers, which in turn has augured well for sales of medical products including bandages, surgical pads and wound dressings.


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Excellent water retention and absorbency of superabsorbent polymers have been leveraged for product development in the medical sector, particularly in wound management. Efficient exudate absorption, and faster healing process are key attributes of medical superabsorbent polymers that have driven their popularity. This Fact.MR report foresees the market for medical superabsorbent polymers to record a splendid CAGR between the forecast period 2018 and 2027. Worldwide sales of medical superabsorbent polymers are poised to bring in nearly US$ 8,300 Mn revenues by 2027-end.


Medical Superabsorbent Polymers: Hospitals Contribute Significantly to Demand as Medical Waste Management Gains Higher Emphasis


End-use of medical superabsorbent polymers continues to remain high in hospitals. Operation theatres (OTs) form an integral part of hospitals, wherein the consistent flow of patients entail the requirement for a wide range of surgical procedures. This makes it imperative for hospitals to keep their OTs clean and hygienic. Minimizing the clean-up time prevails as a major concern among hospitals worldwide. Time-effective and safe management & disposition of suction canister waste is a primary task linked with surgery clean-ups.


Traditional suction canister solidifier take over 30 minutes for proper handling and disposing of waste. New technologies are therefore being developed using superabsorbent polymers, which remarkably trim the time taken for complete solidification and disposal of liquid medical waste. These technologies are demonstrating high penetration into hospitals worldwide, thereby complementing their dominance in the medical superabsorbent polymers market.


Innovation Remains a Cornerstone for Nonwoven Medical Superabsorbent Polymer Manufacturers


Non-woven medical superabsorbent polymers will remain preferred by end-users over their woven counterparts, as they offer relatively higher absorbency and flexibility. The report projects a robust increase in sales of non-woven superabsorbent polymers, with manufacturers making heavy investments in the development of innovative products and technologies such as P&G’s new line of bladder leak undergarments that offer maximum protection. Call of softer diapers has further led to technological innovations such as thermal-bonded non-woven superabsorbent polymers. Such innovations will rub off on demand and supply of non-woven superabsorbent polymers in the near future.


Outlook Complete Research Report with TOC @ https://www.factmr.com/report/739/medical-superabsorbent-polymers-market


Advanced Wound Care Continues to hold Bulk Shares of the Market, Report Says


The report projects revenues from medical superabsorbent polymer’s application in advanced would care to hold bulk shares of the market in the period of forecast. Faster healing process and recovery time coupled with high liquid absorption capacity of medical superabsorbent polymers bode well for enhanced therapeutic efficiency requirement in advanced wound care.


Led by the United States, North America is envisaged to spearhead the medical superabsorbent polymers market, driven by inflating Baby Boomers population that creates the need for adult incontinence products in hospitals, clinics, and ambulatory surgical centers. Immense focus on hygiene factor, and robust expenditure on medical products will remain key demand determinants for medical superabsorbent polymers in North America.


Airlaid technology is primarily preferred by medical superabsorbent polymers manufacturers, as it imparts the materials with better mechanical properties and reduced weight. Various technologies such as “laminate” and “wet laid” technology for manufacturing of these polymers, with an aim of delivering better results pertaining to quantity and quality.


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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


Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com


Web: https://www.factmr.com/

Nano Crystalline Soft Magnetic Materials Market Investigation & Development Trends Analyzed till 2028

October 18, 2019 by Amanpreet  

Research interests in nano crystalline soft magnetic materials have surged on the coattails of their unique microstructure and attractive magnetic properties. Innovative nano-crystalline soft magnetic materials have been spearheading electrical and electronics engineering since the recent past. Fact.MR’s recent study foresees the global nano crystalline soft magnetic materials market to record a spectacular 9.8% volume CAGR between the forecast period 2018 and 2028.


Currently, these materials seek extensive adoption for application in electrical appliances and transmission, which significantly account for electricity consumption worldwide. Soft magnetic materials with high Fe content, which feature nanoheteromorphous self-organizing structure, are being increasingly employed in electrical transport, as an effective means to reduce worldwide electricity consumption.


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Nano-crystalline Soft Magnetic Materials Market: Automotive Industry Emerges as a Key End-Use Vertical


Automotive industry is demonstrating increased demand for electrical systems that impart enhanced efficiency and reliability. The industry is also seeking compact electrical components as a replacement for large space-occupying components such as inductors. Shifting focus of automakers toward small dimensions for optimizing the overall vehicle efficiency will create new avenues for nano-crystalline soft magnetic materials.


Electro-mobility is considered to be one of the most recent and dynamically emerging area where nano-crystalline soft magnetic materials will seek huge adoption. In electric vehicles, such as plug-in hybrid electric vehicle (PHEV) and battery electric vehicle (BEV), unwanted high-frequency electromagnetic interference (EMI) noise occurs which strains the operations of the computer-controlled self-driving system. Therefore, demand for solid solutions are on the rise as a consequence of EMI, and the requirement will further surge significantly as Silicon devices are being replaced with next-generation semiconductors such as SiC and GaN.


Open designs of EMI chokes are being developed, such as SCHURTER’s new DKIH series, which hold potential in suppressing EMI noise. Additionally nano-crystalline cores are resilient to higher operational temperatures perceived in automotive applications. These benefits of nano-crystalline soft magnetic materials will rub off on their future implementation in automotive applications worldwide.


Application Lucrativeness of Nano-Crystalline Soft Magnetic Materials in Transformers Likely to Soar Higher


Distinguishing feature of nano-crystalline soft magnetic materials – low energy loss at low frequencies – has paved new avenues for their application in transformers. Transformers using electrical steel core illustrate higher energy loss owing to high frequency ranges. Downsizing the system entails challenges such as suppression of temperature rise on account of energy loss.


Outlook Complete Research report with TOC @ https://www.factmr.com/report/771/nano-crystalline-soft-magnetic-materials-market


High flux density and magnetic permeability of nano-crystalline soft magnetic materials has gained widespread attention of electrical transmission industry, with regard to their use in transformer cores. Application of nano-crystalline soft magnetic materials in transformer cores in switched-mode power supplies, ISDNs and chokes are already being commercialized across the globe. Increased emphasis on energy conservation is likely to drive their demand in design of larger transformers in the foreseeable future.


Promising Future for Nano-Crystalline Soft Magnetic Materials Market


Despite being a relatively new concept, researchers across the globe have been exploring several potential benefits and applications of nano-crystalline soft magnetic materials. Many lucrative applications have been discovered based on special attributes of nano-crystalline soft magnetic materials, such as electrical power transmission, and electro-mobility.


Research-efforts are now being directed toward benefits of combining more than one desirable properties of nano-crystalline soft magnetic materials for extending their application scope. Currently, WC-Co nano-composites and bulk nano-structured iron-based soft magnetic alloys have sought widespread industrial uses. Future developments and demand for these materials look promising as more research efforts are being taken apropos of their chemical, magnetic and structural applications.


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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


Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com


Web: https://www.factmr.com/

Lacquer Market Projections & Future Opportunities Recorded for the Period until 2028

October 18, 2019 by Amanpreet  

Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake. The long-term outlook on lacquer market remains bullish, with novel applications in cosmetics likely to complement demand, finds a new research study by Fact.MR.


The report finds that nitrocellulose lacquers will continue to be the highest selling products globally. Demand for nitrocellulose will be driven by a range of features, including but not limited to easy blending, competitive pricing, and quick drying. On account of these factors, nitrocellulose will maintain its lead as the preferred product type during the course of the forecast period, with polyurethane lacquers closing in on the second spot.


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End-users continue to show a marked preference for solvent-based lacquers, owing to their performance advantages over water-based lacquers, however, concerns over VOC emissions, and stringency in regulations are driving the demand water-based lacquers. Solvent-based lacquers are likely to account for nearly 70% volume share throughout the assessment period, and grow at a higher rate vis-à-vis water-based variants. However, the lower growth doesn’t undermine the fact that interest in water-based solvents is gaining ground, as compliance advising costs and evolving preference fuel demand.


Specialty stores and modern trade are the prominent distribution channels in lacquer market. These two distribution channels accounting for over half of all lacquer sold in 2017. The report finds that these two distribution channels will continue to remain the preferred distribution channels among end-users during the assessment period. Direct sales have traditionally remained a lucrative sales channel, and the status quo is unlikely to change during the assessment period.


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Lacquer applications continue to remain concentrated in furniture, architectural, and automotive industries. These three end-use industries collectively accounted for nearly 80% volume share of the market. Furniture industry is the biggest end-use industry for lacquers globally, and it will continue to be the biggest demand center during the course of the review period.


Asia Pacific excluding Japan (APEJ) is the largest market for lacquers, followed by Europe and North America. Many countries in APEJ have remained traditional manufacturing hubs, and demand for lacquers, varnished, and coatings has remained robust in the region. In addition to being a major consumer of lacquers, the region has also been a prominent exporter to North America and Europe. However, the report finds that increasing stringency in regulations, combined with increasing labor costs in emerging countries has led to a steady decline in exports in the recent past. End-user demand for high-quality, water-based solvents has also led Asian manufacturers to change their suite of offerings.


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The report identifies woodworking as the leading application segment for lacquers globally. In addition to wood, metal and plastics are the other prominent application areas for lacquers. Increase in novel applications pertaining to paper and nail polish are creating new growth avenues for manufacturers. According to the research study, increasing adoption in leather and textiles is also likely to create sustained growth during the assessment period.


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


Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com


Web: https://www.factmr.com/

Proliferative Vitreoretinopathy Market Strong Development and Huge Growth

October 18, 2019 by Amanpreet  

With the rise in emphasis on prevention and treatment of proliferative vitreoretinopathy (PVR), a serious ailment that leads to blindness despite repeated treatment, the requirement for vitreoretinal centers has gained importance worldwide. Prevention of PVR development at early stage RRD for preserving visual function in patients has become a primary agenda among medical researchers and clinicians. A recent Fact.MR analysis envisages the proliferative vitreoretinopathy market to reflect a modest 4.0% CAGR during the forecast period (2018-2027).

Read Report Summary: https://www.factmr.com/report/795/proliferative-vitreoretinopathy-market

However, establishment of vitreoretinal centers for the provision of advanced ophthalmological procedures is considered impractical, on account of increasing social security costs – a key challenge faced by nations across the globe. In contrast, remarkable advances have been made in medical equipment, and ultra-wide-field scanning laser ophthalmoscope (Optos) is one such advancement. This equipment facilitates the provision of wide-field, noninvasive, and nonmydriatic images, and is being increasingly employed for diagnosis and follow-up of PVR treatment evaluation.

Advantages of deep learning in classifying Optus images in RRD have been observed to be slight, however the method has been deemed clinically imperative to achieve higher accuracy. It has been observed that multiple non-linear processing layers in deep learning approach can be leveraged for effective prevention and treatment of proliferative vitreoretinWith the rise in emphasis on prevention and treatment of proliferative vitreoretinopathy (PVR), a serious ailment that leads to blindness despite repeated treatment, the requirement for vitreoretinal centers has gained importance worldwide. Prevention of PVR development at early stage RRD for preserving visual function in patients has become a primary agenda among medical researchers and clinicians. A recent Fact.MR analysis envisages the proliferative vitreoretinopathy market to reflect a modest 4.0% CAGR during the forecast period (2018-2027).

Hospital pharmacies are leading consumers in the pharmacy industry. Policymakers are becoming more aware about importance of offering effective pharmacy services coupled with safe and rational use of medications. In case of proliferative vitreoretinopathy, hospital pharmacies are considered to be radical asset of the modern pharmacy sector. They are vital part of hospitals and clinics, ensuring safe, effective, and economic use of drugs. According to the study, hospital pharmacies will continue to account for bulk shares of the market in the period of forecast.

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Injectables will remain preferred over other mode of administrations of proliferative vitreoretinopathy management drugs. Treatment of PVR through intravitreal injectables has been considered beneficial as they delivery drugs directly to retina and vitreous. Simplicity of achieving intravitreal injection by doctors is a key factor driving adoption of this method. Subretinal injection has been gaining ground in the treatment of PVR, as it directly affects the resident cells & tissues in subretinal space. However, requirement for highly proficient and stable operators for subretinal injection continues to prevail as a major concern in the healthcare sector.

Proliferative vitreoretinopathy, an inflammatory fibrotic disease, stems from inflammatory milieu post-RRD, which in turn prevents retinal healing. Several studies aimed at suppressing or preventing the development of PVR are being conducted worldwide, with some of the recent ones elucidating effect of “substance P (SP),” and targeted use of non-steroidal anti-inflammatory drugs such as “lornoxicam.”

Research carried out on lornoxicam has not only demonstrated successful improvement in the condition of retina and choroid, but also reduced frequency of membrane formation significantly. Studies conducted on substance P have revealed that SP has the capability of inhibiting apoptosis, and epithelial-mesenchymal transition (EMT) induced by TNFα caused, thereby suppressing or preventing development of proliferative retinopathy.pathy by further studies.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
E: info@factmr.com
Blog: https://theheraldmedia.com/

Isopropanol Market Investigation & Development Trends Analyzed till 2028

October 18, 2019 by Amanpreet  

From consumer to industrial purposes, isopropanol seeks extensive consumption across a wide range of applications, including personal care & cosmetic products, household products, and industrial sectors such as medical, chemical, and electronics. While being popular as a solvent for use in various industrial processes, isopropanol’s use as a cleaning agent has led the compound to become an imperative ingredient in the semiconductor and electronics industry. However, as the isopropanol market matures, industry stakeholders continue to witness constraints in product and technology innovation alike.


While some industries are facing a turmoil of supply-demand gap, leading companies are shifting their focus toward employing alternative production methods and expansion of their manufacturing facilities. A recent Fact.MR study projects a volume CAGR of 2.1% for the highly mature isopropanol market in the period of forecast (2018-2028). Over US$ 4,800 Mn worth of isopropanol will be consumed globally by 2028-end. Fluctuation price trend of propylene and crude oil is a key growth deterrent for the isopropanol market in the upcoming years.


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Isopropanol Market: Isopropanol Consumption in APEJ Remains Vigorous


Isopropanol market continues to remain vigorous in Asia Pacific excluding Japan (APEJ), with the study projecting over US$ 1,600 Mn worth of isopropanol consumption by 2028-end. Majority share of the isopropanol market in APEJ will remain accounted by China, however consumption rate is expected to be relatively higher in India and ASEAN countries through 2028. Preeminence of the pharmaceutical sector on APEJ’s isopropanol market will prevail. Support of the progressive FMCG sector to the market growth in the region will also remain significant.


Europe has prevailed as a dominant marketplace for isopropanol in the recent past. However, accusations on major stakeholders such as AAE, the Belgian chemical group, and relevant supply chain participants, such as Anex Customs, and Danmar Logistics, export of chemicals used in sarin nerve gas production, have posed a negative impact on the region’s chemicals market, as isopropanol is no exception. Nevertheless, promising future of the construction sector, which involves robust consumption of paints and coatings agents, will offset these impacts while driving demand for the compound as an essential prerequisite solvent. According to the study, Europe will follow APEJ in the isopropanol market, in terms of value and volume.


Application of Isopropanol as Biofuel to Emerge as a Key Trend


An emerging trend being witnessed in the isopropanol market is its surging use as a biofuel. Recent analyses made to devise engineered synthetic pathways for producing isopropanol from microbes have meant that significant potential lies for isopropanol’s utilization as a biofuel for replacing gasoline. Moreover, manufacturing isopropanol using lignocellulosic waste represents a remunerative avenue for economically-feasible production of the compound. With the rise in era of green chemicals, which promotes adoption of bio-based chemicals, biological production methods of isopropanol will be sought-after in the upcoming years, thereby impacting the market growth.


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Shifting preference for light-feed petrochemicals in developed markets have led to the shortage in supply of isopropanol, with demand surging without leaps and bounds, which in turn has resulted in significant price hike of the compound. This, coupled with prevailing uncertainties in cost of propylene, has advocated isopropanol manufacturers to employ acetone-based production method. Fundamental benefits associated with the method, such as facilitated production of electronic- and pharma-grade isopropanol, will pave new avenues for the market in the forthcoming years.


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


Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com


Web: https://www.factmr.com/

Magnesium Nitrate Hexahydrate Market Investigation & Development Trends Analyzed till 2028

October 18, 2019 by Amanpreet  

Adoption of magnesium nitrate hexahydrate continues to gain ground as a catalyzing and reducing agent – a trend that is complementing steady demand of the chemical as an oxidizing agent. According to a recent Fact.MR study, over 1,212,000 tons of magnesium nitrate hexahydrate were sold in 2017, with its use as an oxidizing agent poised to account for nearly 40% of volume sales by 2028-end.


The petrochemical industry in the U.S. has witnessed a significant growth in recent years according to the International Energy Agency (IEA). The United States Energy Agency (USEA) foresees the production of petrochemicals in the U.S, to record 20% rise by 2020-end. North American stakeholders in the magnesium nitrate hexahydrate market can leverage the growth opportunities paved by rising production and export of petrochemicals from the U.S.


Increased government expenditure on the military & defense sector in North America will further underpin adoption of magnesium nitrate hexahydrate in the region, as the chemical witnessed extensive use as stabilizer and catalyst in explosives production. North America’s lead in the magnesium nitrate hexahydrate market in comparison to Europe will be challenged by higher growth rate and opportunity in the latter during the forecast period, according to Fact.MR study. The study has estimated nearly 244,820 tons of magnesium nitrate hexahydrate sales in 2017.


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Growth of the magnesium nitrate hexahydrate market in Europe will continue to be sustained by proliferation in use of nitrogen fertilizers, with the FAO estimating 39,484,000 tons of nitrogen fertilizers sales in the region by 2018-end. The European Union has imposed regulations on use of explosives, while delegating norms to add magnesium nitrate hexahydrate to the Annex 2 of EU regulation 98/2013 on the Use and Marketing of Explosives Precursors. This, coupled with the FAO prediction on the agricultural sector’s significant rise in the near future, will continue to drive growth of the magnesium nitrate hexahydrate market in Europe.


Magnesium Nitrate Hexahydrate Market: Pre-eminence of Additives Application to Persist


Additives and explosives manufacturing have prevailed as the target application areas for magnesium nitrate hexahydrate. Demand for magnesium nitrate hexahydrate as additives has traditionally remained higher than in manufacturing explosives, and the status quo is likely to endure over the period of forecast.


The study slates synthetic process and nitromagnesite as prominent manufacturing processes used by stakeholders in the magnesium nitrate hexahydrate market. Albeit pervasiveness of synthetic process’s dominance is set to prevail, nitromagnesite will witness a notably greater demand by manufacturers in the upcoming years.


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Various functionalities of the magnesium nitrate hexahydrate are being leveraged by end-use industries. Primary functions of magnesium nitrate hexahydrate as oxidizing agent and dehydrating agent will continue to lead the market, in terms of both value and volume. Catalyzing agent and reducing agent functions of magnesium nitrate hexahydrate are set to gain higher ground, with their sales rate forecast to remain greater than other functional uses of the chemical through 2028.


Magnesium Nitrate Hexahydrate Market: Opportunities Abound in Latin America


According to the study, magnesium nitrate hexahydrate sales in Latin America will record a relatively faster growth rate over the period of forecast. This growth will be primarily driven by use of this quality chemical as a concrete additive in the region’s rising construction industry. Governments of Latin American countries are implementing infrastructural development plans to promote construction of their commercial as well as residential structures.


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Government of Mexico’s National Infrastructural Plan is a prime example of such development efforts. This, coupled with abundant availability of magnesite/magnesium carbonate in Brazil will continue to pave lucrative growth opportunities for growth of the magnesium nitrate hexahydrate market in Latin America, with magnesite being a key raw material for the chemical’s production.


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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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L-Hydroxyphenylalanine Market Investigation & Development Trends Analyzed till 2028

October 18, 2019 by Amanpreet  

As a part of the amino acid family, use of L-hydroxyphenylalanine as an energy providing aromatic ingredient has significantly fuelled its demand across the dietary supplement and nutraceuticals space. This factor continues to remain instrumental in driving the growth of the L-hydroxyphenylalanine market during the period of forecast. Moreover, various pharmaceutical uses of L-hydroxyphenylalanine including its application in formulations to treat Parkinson’s disease, Alzheimer’s disease and cancer are also expected to contribute to the overall growth of the L-hydroxyphenylalanine market. Being recognized as GRAS (Generally Recognized as Safe) by the FDA, the use of L-hydroxyphenylalanine in food and beverage sector has also witnessed significant growth in recent times.


A new research study by Fact.MR reveals growth pathways for L-hydroxyphenylalanine from a global viewpoint during the period of forecast, 2018-2028. The report includes estimations that reflect global sales of L-hydroxyphenylalanine which are expected to cross US$ 1,500 Mn by end of the year of assessment (2028). The sales of L-hydroxyphenylalanine are expected to remain concentrated in the developed countries of North America and emerging economies in the Asia Pacific excluding Japan (APEJ) region, given the increasing demand for L-hydroxyphenylalanine in anti-ageing creams and as effective adjuvant in cancer treatment in these regions.


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L-Hydroxyphenylalanine Market: Use of L-Hydroxyphenylalanine in Dietary Supplements to Spearhead in the Coming Years


Dietary supplements and nutraceuticals have witnessed significant proliferation across various countries worldwide, given the increasing consumer awareness regarding healthy diet and exercise. Moreover, the growing number of individuals participating in heavy physical activities has further complemented the use of supplements for enhancing muscle growth. Being an amino acid, L-hydroxyphenylalanine as an energy ingredient has witnessed high demand in the production of health supplements, which is expected to fuel the growth of the L-hydroxyphenylalanine market during the period of forecast.


L-Hydroxyphenylalanine Market: High Prevalence of Parkinson’s Disease to Call for Efficient Treatment Solutions


Parkinson’s disease is directly associated with low blood pressure and orthostatic hypotension, that translates into need for effective pharmaceutical formulations that facilitate high energy flow and increase the heart rate. That said, L-hydroxyphenylalanine plays an imperative role in producing significant amount of energy that improves parkinsonian orthostatic hypotension and raises blood pressure, causing the shaking of body to reduce drastically. This factor coupled with increasing cases of Parkinson’s disease across the globe has enhanced the demand of L-hydroxyphenylalanine, in turn contributing to the growth of the L-hydroxyphenylalanine market during the period of forecast.


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L-Hydroxyphenylalanine Market: Melanoma Treatment to Create Potential Avenues


Treatment of melanoma is expected to pave significant pathways for growth of the L-hydroxyphenylalanine market, as studies reveal the potential of the L-hydroxyphenylalanine in production of melanin. The Federation of American Societies for Experimental Biology Journal has highlighted the link between mitochondrial function and production of melanin in cancerous skin cells. Post examination revealed that the rate of Reactive Oxygen Species generation in darker cells were high as compared to medium and low level pigments. Provision of L-hydroxyphenylalanine as a building block for melanin production, has been used to activate medium and light cells to increase the production of melanin. This concept is expected to trigger coupling cellular adaptation and stress signaling through ROS signaling, which in turn has the potential to support development of anti-cancer drugs for treating melanoma. This approach is expected provide substantial growth opportunities for the use L-hydroxyphenylalanine, consequently fuelling the growth of the L-hydroxyphenylalanine market during the forecast period.


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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Neonatal Monitoring Equipment Market Increasing Demand with Leading Players to 2028

October 18, 2019 by Amanpreet  

Recent Fact.MR report envisages the neonatal monitoring equipment market to record a steady 5.7% CAGR during the forecast period (2018-2028). Over 1,070,000 neonatal monitoring equipment are pegged to be sold worldwide by 2028-end. Prominent players operating in the market such as Medtronic Plc, Natus Medical, Inc., Koninklijke Philips NV, and others, are upgrading their portfolio to make it cost-effective, maintain hospital-to-home point-of-care (PoC) continuum, and incorporate value-added services.

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North America continues to stay at the vanguard of the neonatal monitoring equipment market, with an estimated market value share of over one-third through the period of forecast. Rate of premature birth has been steadily rising in North America over the past couple of years, according to the CDC, which in turn has increased the number of NICU admissions, thereby creating demand for neonatal monitoring equipment.

Speciality of hospice and palliative medicine has gained significant recognition in North America, with attendant increase in training programs at both academic and clinical level. The imperative role of palliative care in improving growth development outcomes in newborn babies has been highly recognized in the region’s NICUs for reducing the infant and neonatal mortality rates.

Ventilators are set to prevail as preferred product among end-users of neonatal monitoring equipment, and will continues to account for bulk value shares of the market. Recent FDA approvals of new, patient-triggered ventilators, and neurally-adjusted ventilator assist (NAVA), for non-invasive and invasive ventilation related to neonates will augur well for sales of ventilators in the forthcoming years. Additionally, availability of several ventilation modes and strategies for assisting ventilation optimization, and preventing ventilation-induced lung injury will fuel ventilator sales.

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Standalone modality of neonatal monitoring equipment will continue to spearhead the market in terms of value share. This is mainly because standalone devices enable clinicians in offering care delivery even while the hospital’s electronic medical records are in their downtime. However, relatively faster sales expansion has been foreseen for portable neonatal monitoring equipment through 2028. Manufacturers are offering cost-effective portable neonatal monitoring equipment that enable uninterrupted monitoring at the bedside and during in-hospital transport. Growing development of easy-to-use, compact and light portable devices will further fuel their sales in the upcoming years.

Hospitals across the globe are entering into partnership with leading neonatal monitoring equipment manufacturers, in bid to offer family-centered neonatal care of highest quality. Developing advanced NICUs at their core, hospitals are focusing on the provision of supportive, and safe environment for accommodating ongoing family contact, and reducing neonatal stress. These instances point at increased demand for various neonatal equipment, and monitoring equipment are no exception. With the forecast value share of nearly 40% by 2028-end, hospitals will continue to lead the neonatal monitoring equipment market.

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