Global Bio-based Epoxy Resins Market: Trending in 2021
New York, NY 26 May 2021: The global bio-based epoxy resins market expected to reach USD 117.0 million by 2027, according to a new study by Polaris Market Research. The report “Bio-based Epoxy Resins Market Share, Size, Trends, Industry Analysis Report, By Ingredient (Vegetable, Glycerol, Canola, Hemp, Soyabean Oil, Plant Oils, Others); By Application (Coatings, Electronics, Adhesives, Food Industry, Composites, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global bio-based epoxy resins industry is driven by strong government intent towards decreasing carbon footprint, abundant natural feedstock in the emerging nations, and innovations in the epoxy resin systems. Moreover, the growth outlook in various end-use industries also boosting the sales of bio-based epoxies.
The global bio-based epoxy resins industry is fragmented based on ingredient, application, and region. In terms of ingredient, the market for bio-based epoxy resins is segmented into vegetable, glycerol, canola, hemp, soya bean oil, plant oils, and others. The market segment is further divided into coatings, electronics, adhesives, food industry, composites, and others.
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Segment Highlights:
The plant oils segment accounted for the largest revenue share of the global bio-based epoxy resins industry owing to its wide availability as a feedstock or raw material. However, the soyabean oil market segment is expected to expand at the fastest CAGR during the forecast period.
Based on application, the electronics market segment is expected to account for a significant share in 2027. This can be attributed to the use of bio-based epoxy resins in several electronic components as they require high thermal conductivity, low cross-reactivity, and higher efficiency.
North America’s bio-based epoxy resins industry accounted for the highest share in terms of market revenue in 2019. Key market factors responsible include forward product integration by ingredient and chemicals companies. Moreover, the expertise and technical know-how by the enterprises also favoring its market growth.
The major bio-based epoxy resins industry players include Entropy Resins (acquired by Gougeon Brothers Inc.), Specific Polymers, Wessex Resins, and Stahl Holdings B.V. These companies together account for a significant market share.
List of Key Players
Kukdo Chemical
Bitrez Ltd
Sicomin Epoxy Systems
Huntsman Corporation
Entropy Resins (acquired by Gougeon Brothers Inc.)
ALPAS
Chang Chun Group
Nagase ChemteX Corporation
LEUNAHarze GmbH
Spolchemie
Specific Polymers
Stahl Holdings B.V.
Wessex Resins
Others
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Polaris Market Research has segmented the bio-based epoxy resins market report on the basis of ingredient, application, and region:
Bio-based Epoxy Resins, Ingredient Outlook (Revenue – USD Million, 2016 – 2027)
Vegetable
Glycerol
Canola
Hemp
Soyabean Oil
Plant Oils
Others
Bio-based Epoxy Resins, Application Outlook (Revenue – USD Million, 2016 – 2027)
Coatings
Electronics
Adhesives
Food Industry
Composites
Others
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Global Mortuary Bags Market: Trending in 2021
New York, NY 26 May 2021: The global mortuary bags market is expected to reach US$ 1.85 billion by 2028, according to a new study by Polaris Market Research. The report “Mortuary Bags Market Share, Size, Trends, Industry Analysis Report, By Type (PVC, Polyethylene, Nylon, Polyester, Others); By Size (Adult, Child/Infant, and Heavy Duty & Bariatric Bags); By End Use (Hospital, Morgue, Others); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global mortuary bags industry is anticipated to grow due to the recent spike in infectious diseases, and the establishment of new cremation centers across the globe. Moreover, the obese and old age population are more prone to chronic disorders, ultimately have premature deaths, contributing to the demand for mortuary bags.
The global mortuary bags industry is fragmented based on service, type, and region. In terms of type, the market is segmented into PVC, Polyethylene, Nylon, Polyester, and others. The size segment is further divided into adult, child/infant, and heavy-duty and bariatric bags. The end-use segment is further divided into hospital, morgue, and others.
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Segment Highlights
Polythene segment accounted for the largest revenue share in 2020 owing to its high strength, durability and moulding capacity. Segment holds over 30% of the global share in 2020. PVC segment is expected to expand at highest CAGR during the forecast period.
Based on size, the adult bags segment is projected to constitute almost half of the market in 2028. The high revenue share of the segment can be attributed to increasing fatal road accidents and high geriatric population with chronic diseases and medical conditions
North America accounted for the largest revenue share in 2020. Recent spike in COVID-19 deaths in the U.S. and annual deaths due to chronic disorders owing to inconsistent lifestyles were the major driving factors.
Few companies such as CLASSIC PLASTICS, Smart Choice Funeral Supplies, and Auden Funeral Supplies Ltd. are few of the major players operating in the industry and account for a significant market share
List of Key Players of Mortuary Bags Industry
CLASSIC PLASTICS
Bi Quadro
Mopec
EMS Mobil Sistemler
Auden Funeral Supplies Ltd.
Hygeco International Products
Smart Choice Funeral Supplies
Embalmers Supply Company
Deluxe Scientific Surgico Pvt Ltd
Others
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Polaris Market Research has segmented the mortuary bags market report on the basis of type, bag size, end-use, and region
Mortuary Bags, Type Outlook (Revenue – USD Million, 2016 – 2028)
Polyvinyl Chloride (PVC)
Polyethylene
Nylon
Polyester
Others
Mortuary Bags, Size Outlook (Revenue – USD Million, 2016 – 2028)
Adult Bags
Child/Infant Bags
Heavy Duty and Bariatric Bags
Mortuary Bags, End-Use Outlook (Revenue – USD Million, 2016 – 2028)
Hospital
Morgue
Others
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Global Lewy Body Dementia Treatment Market: Trending in 2021
New York, NY 26 May 2021: The global Lewy body dementia treatment market size is predicted to reach USD 5.31 billion by 2027 according to a new study by Polaris Market Research. The report “Lewy Body Dementia Treatment Market Share, Size, Trends, Industry Analysis Report, By Drug Type (Modafinil, Cholinesterase Inhibitors, Benzodiazepine, Antipsychotic Drugs, Anti-depressants, and Carbidopa-Levodopa); By Indication [Parkinson’s Disease and Dementia with Lewy Bodies (DLB)]; By Distribution Channel; By Regions Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Lewy body dementia is a progressive disorder associated with dysfunction of the central nervous system and characterized by deposits of alpha-synuclein, a protein in the brain. The unusual deposits in the brain formed Lewy bodies, which can lead to several problems with body movement, thinking, mood, and behavior. Lewy body dementia is the most common disease after Alzheimer’s which is rapidly growing and subsequently foster global market growth. Recent developments include the new launches and clinical studies such as LY3154207, ABBV-0805, etc. The launches of drugs are associated with the diagnosis of dementia with Lewy body, Parkinson’s, and Alzheimer’s diseases which further leads to drive the growth of the global market.
The prominent factors favoring the global market growth include the rising initiatives by the legal and regulatory authorities to develop an effective and safe treatment for the LBD disorder in the patients. For instance, in October 2019, an LBD Association Research Center of Excellence, Georgetown University Medical Center, has taken the initiative to offer 3 clinical trials to devise new methods and treatments for Lewy body dementia and Alzheimer’s disease.
Rising incidences of getting affected by Alzheimer’s disease and related disorders include vascular dementia, Lewy body dementia, frontotemporal degeneration, and Parkinson’s disease has witnessed the surge in demand for the treatment of the patients. The regulatory authorities and researchers are engaged in discovering new methods and solutions to provide effective treatment of the disorder.
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For instance, in June 2020, The Harry T. Mangurian, Jr. Foundation and Florida Atlantic University’s Schmidt College of Medicine have amalgamated its forces to discover and research medicine to prevent dementia. The grant of USD 3 million will allow FAU’s Schmidt College of Medicine to establish a new FAU Center for Brain Health. Furthermore, in July 2020, the Journal of the American Medical Association (JAMA) has published that researchers have formed a new p-tau217 blood test, which is proved to hold remarkable results in the diagnosis of Alzheimer’s disease and related disorders in the patients.
Additionally, the rising prevalence of the progressive diseases of dementia has raised the need for effective treatment to treat the disease and prevent risk in the patients which further leads to drive growth. The growing awareness of the symptoms of the disease and the advancement in healthcare technology to develop new methods and drugs for the treatment of patients is likely to surge the market growth.
Market participants such as Mallinckrodt Pharmaceuticals, BioArctic AB, Bausch Health Companies Inc., Sumitomo Dainippon Pharma Co., Ltd., Janssen Pharmaceuticals, Inc., Jazz Pharmaceuticals, Inc., Allergan Plc., Noven Pharmaceuticals, Inc., Takeda Pharmaceutical Company Ltd., Eli Lilly and Company, Eisai Co., Ltd., Novartis AG, GlaxoSmithKline, Pfizer Inc., Teva Pharmaceuticals, Bayer AG, Sanofi AG, and Mylan NV are some of the key players operating in the industry.
Players in the industry are focusing on developing new methods and drugs for LBD, new launches, increasing expansions, collaborations, and partnerships to enhance their market and revenue share. For instance, in August 2020, Proteostasis Therapeutics, Inc. and Yumanity Therapeutics entered into a definitive merger agreement, and after combining they operate under the name Yumanity Therapeutics, Inc. The merger leads to enhance Yumanity’s pipeline of innovative, disease-modifying methods and solutions for neurological disorders.
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Polaris Market Research has segmented the Lewy Body Dementia Treatment market report on the basis of drug type, indication, distribution channel, and region
Lewy Body Dementia Treatment Market By Drug Type (Revenue – USD Million, 2016 – 2027)
Modafinil
Cholinesterase Inhibitors
Benzodiazepine
Antipsychotic Drugs
Antidepressants
Carbidopa-Levodopa
Lewy Body
Dementia Treatment Market By Indication (Revenue – USD Million, 2016 – 2027)
Parkinson’s Disease
Dementia with Lewy Bodies (DLB)
Lewy Body Dementia Treatment Market By Distribution Channel (Revenue – USD Million, 2016 – 2027)
Drug Stores
Hospitals Pharmacies
Online Pharmacies
Retail Pharmacies
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Global Anti-Biofilm Wound Dressing Market: Trending in 2021
New York, NY 26 May 2021: The global anti-biofilm wound dressing market size is expected to reach USD 1,154.2 million by 2027 according to a new study by Polaris Market Research. The report “Anti-biofilm Wound Dressing Market Share, Size, Trends, Industry Analysis Report By Mode of Mechanism (Physical (Ultrasound Debridement, Manual Debridement, Pulse Electrical Field), Biological (Bacteriophage, Lactoferrin, Dispersin B, Others), Chemical (EDTA, Ionic Silver, Iodine, Others)); By Application [Chronic Wounds (Venous Leg Ulcers, Pressure Ulcers, Diabetic Foot Ulcers, & Others)]; [Acute Wounds (Burn Wounds, Traumatic & Surgical Wounds)]; By End Use (Hospital, Wound Care Centers, Clinics & Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Anti-biofilm is obtained from natural plants. The inhibition of biofilm formation includes the mechanism of the suppression of microbial adhesion & by the inhibition of polymer matrix & ECM generation with the interference at the bacterial co-aggregation & QS network. This antibiofilm dressing are utilised in the treatment of chronic wounds patients in the U.S. The Biofilm comprises of Microlyte which is ultra-thin in nature. Additionally, the dressing is composed of bioresorbable synthetic polymers. The biofilm includes ionic & metallic silver that destroy bacteria in dressing process on a wound surface.
Recent developments in anti-biofilm wound dressing include the usage of lactoferrin and xylitol antibiofilm development. Both lactoferrin and xylitol are naturally derived antimicrobials. They are more efficacious against existing biofilm. As lactoferrin and xylitol has been used to combat bacteria, the usage of these agents in combination therapy provides a variety of advantages as it is cost-effective, more easily available, biofilm-targeted therapy for both the wounds i.e. acute & chronic wounds.
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The prominent factors favoring the market growth include increasing chronic diseases and innovations in anti-biofilm wound procedures. As per the National Diabetes Statistic Report, 2017 around 100 million people within the U.S. are suffering from diabetes or prediabetes. Moreover, according to the International Diabetes Federation, the incidence of diabetes is predicted to rise from 366.0 million in 2011 to 552.0 million by 2030 worldwide. While prolonged diabetes is the reason for diabetic foot ulcers, the increasing cases of diabetes are predicted to positively influence the expansion of the global market.
The majority of the chronic wounds needs a prolonged recovery span, responsible for the frequent replacements of dressings. Hence, the demand for anti-biofilm wound dressing therapy are rising. Meanwhile, the cases of sports injury are also rising as more & more people are now well acquainted with the benefits of the sports, due to which injury cases are also rising in larger extent which is boosting the market growth.
Market participants such as Urgo Medical, ConvaTec, Coloplast, Smith & Nephew PLC, Next Science, 3M, Monarch Labs, Mega Pharma (Pvt) Ltd., BioMonde, B. Braun Melsungen AG, Molnlycke Healthcare, Lohmann & Rauscher & Arobella Medical are some of the key players operating in the global market. Players in the market are focusing on the mergers & acquisitions, collaborations, product extension & geographical expansion. Additionally, the companies are making huge investments in research and development activities to develop new products & to compete with the other players.
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Polaris Market Research has segmented the anti-biofilm wound dressing market report based on mode of mechanism, end use, application, and region
Anti-Biofilm Wound Dressing Mode of Mechanism Outlook (Revenue – USD Million, 2016 – 2027)
Physical
Ultrasound Debridement
Manual Debridement
Pulse Electrical Field
Biological
Bacteriophage
Lactoferrin
Dispersin B
Others
Chemical
EDTA
Ionic Silver
Iodine
Others
Anti-Biofilm Wound Dressing Application Outlook (Revenue – USD Million, 2016 – 2027)
Chronic Wounds
Venous Leg Ulcers
Pressure Ulcers
Diabetic Foot Ulcers
Others
Acute Wounds
Burn Wounds
Traumatic
Surgical Wounds
Anti-Biofilm Wound Dressing End User Outlook (Revenue – USD Million, 2016 – 2027)
Hospital
Wound Care Centers
Clinics
Others
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Global Hydrogen Fuel Cell Vehicle (HFCV) Market: Trending in 2021
New York, NY 26 May 2021: The global hydrogen fuel cell vehicle (HFCV) market size is expected to reach USD 28.82 billion by 2026 according to a new study by Polaris Market Research. The report “Hydrogen Fuel Cell Vehicle Market Share, Size, Trends, Industry Analysis Report By Technology (Proton Exchange Membrane Fuel Cell, Alkaline Fuel cell, Solid Oxide Fuel Cell); By Vehicle Type (Commercial Vehicle, Passenger Car); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
In contrast to conventional gasoline, petrol or diesel vehicles, a hydrogen fuel cell incorporates oxygen and hydrogen, which in turn produce energy for the car. There are numerous factors affecting the forward momentum of the market. Developing varied technologies in the automotive industry generates new opportunities for growth. Furthermore, a hydrogen fuel cell vehicle’s enhanced cargo capacity and longer range contribute to its growth. Since hydrogen fuel cell cars can generate their own energy, many eco-conscious clients opt for fuel cell vehicles over domestic electric cars. Growing environmental awareness is expected to increase the global HFCV market during the forecast period. This is because of decreased carbon emissions from HFCVs, unlike conventional vehicles operating on petrol, diesel or petrol.
Many government organizations and concerned authorities and industry partners have initiated plans to such advanced infrastructure networks to spur the market at a global level. The leading automakers such as Toyota, Audi, and Honda have developed a range of hydrogen cell-based fuel cars for the global market. Owing to an increase in electric vehicles, there is a large number of such fueling stations being established in the parts of North America, Europe, and Asia-Pacific. In 2017, there were over 330 hydrogen fueling stations operating across the globe, with over 50 each in California, Germany, and Japan. There is around 35 retail hydrogen fueling station being built in California and nearly 15 hydrogen-fueling stations are operating in the UK in 2017. Moreover, the government authorities such as the US Department of Energy (DOE) are investing public funds for the rollout of hydrogen fueling stations, is further augmenting the growth of the global market.
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Furthermore, according to the International Energy Agency, Germany has around 23 operating hydrogen fueling stations in 2017. These numbers are to be outnumbered by more than 50 as the country is constructing 25 more such stations, and at the end of 2017 around 60 stations are estimated to be operational. The National Organization Hydrogen and Fuel Cell Technology (NOW) coordinated Germany’s National Innovation Programme (NIP) to establish 50 stations with $134 million. Public and private stakeholders are convened by the Clean Energy Partnership to create this initial network. H2Mobility, a consortium of Air Liquide, Daimler, Linde, OMV, Shell, and Total, is planning and constructing this network. The consortium plans to have 100 stations by 2019, with around 10 stations each in Hamburg, Berlin, Rhine-Ruhr, Frankfurt, Stuttgart, and Munich metropolitan areas, and the remaining 40 as connectors and destination stations. This infrastructure backbone supports both light-duty and light commercial fuel cell vehicles, with the additional stations expected to grow with the rising growth of the global market.
Since January 2016, the Research Centre for Gas Innovation (RCGI) has been working to offer technology for obtaining fuel cells in 5 years. The center has the mission to investigate the use of the resource in terms of increasing their partnership in the Brazilian energy matrix. It is also making a contribution to the mitigation of greenhouse gas emissions. They have also emphasized that Brazil along with the US, Japan, and Germany, advanced programs to produce hydrogen-operated buses. Hence, this project will support the development of such vehicles.
Polaris Market research has segmented the HFCV market report on the basis of:
Hydrogen Fuel Cell Vehicles Technology Outlook (Revenue, USD Billion, 2015 – 2026)
Proton Exchange Membrane Fuel Cell
Alkaline Fuel cell
Solid Oxide Fuel Cell
Hydrogen Fuel Cell Vehicles Vehicle Type Outlook (Revenue, USD Billion, 2015 – 2026)
Commercial Vehicle
Passenger Car
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Global Insulated Packaging Market: Trending in 2021
New York, NY 4 June 2021: The global Insulated Packaging market is anticipated to reach USD 21.5 billion by 2026 according to a new research published by Polaris Market Research. In 2018, the food and beverage segment accounted for the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2018.
The increasing disposable incomes and growing demand for fresh and natural products drives the market growth. Growing urbanization, and improving living standards of consumers have increased the demand for insulated packaging solutions. The growing need for temperature sensitive packaging, improved shelf life of products, and high demand from the food and beverage sector boost the insulated packaging market growth.
The demand for insulated packaging has increased from industries such as cosmetics, pharmaceutical, chemicals among others. The increasing demand for fresh products, growth in pharmaceutical industry, increasing trend of e-commerce, and growing demand from the emerging economies are factors expected to offer numerous growth opportunities for the insulated packaging industry during the forecast period.
A major application of insulated packaging is in the pharmaceutical industry. Insulated packaging uses simple materials such as cotton fiber pads for blocking the heat and high maintenance of quality during transit. Insulated packaging comfortably maintains the temperature of packages between 2-8 degrees C for more than 24 hours. This packaging offers medical sterilization owing to its capability to provide a strong sterile barrier. It provides heat resistance, which increases shelf life and ease of use. It is widely used in hospitals and by medical equipment and medical disposables manufacturers. This technology also opens up new avenues of service, where patients with chronic illness can get medications delivered at home.
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Asia-Pacific generated the highest market share in terms of revenue in 2018 in the insulated packaging industry, and is expected to lead the global market throughout the forecast period. The growing population, rising disposable incomes, and increasing living standards support the growth of insulated packaging industry in the region. The increasing demand from the food and beverage, and pharmaceutical industry is expected to generate numerous opportunities for the industry during the forecast period.
The well-known companies profiled in the report include Amcor Limited, E.I. Du Pont De Nemours and Co., Davis Core & Pad Company, Sonoco Products Company, Innovative Energy, Inc, Deutsche Post AG, Marko Foam Products, Inc., Huhtamaki Group, Providence Packaging, and The Wool Packaging Company Limited. These companies launch new products and collaborate with other leaders in the market to innovate and launch new products to meet the increasing needs and requirements of consumers.
Polaris Market Research has segmented the global insulated packaging market on the basis of type, product, material, end-use and region:
Insulated Packaging Type Outlook (Revenue, USD Million, 2015 – 2026)
Rigid
Flexible
Semi-Rigid
Insulated Packaging Product Outlook (Revenue, USD Million, 2015 – 2026)
Boxes and Containers
Bags and Pouches
Wraps
Others
Insulated Packaging Material Outlook (Revenue, USD Million, 2015 – 2026)
Paper
Wood
Plastic
Glass
Others
Insulated Packaging End-User Outlook (Revenue, USD Million, 2015 – 2026)
Food and Beverage
Healthcare
Pharmaceutical
Cosmetics
Others
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Global Automotive Catalytic Converter Market: Trending in 2021
New York, NY 4 June 2021: The worldwide Automotive Catalytic Converter Market is anticipated to reach over USD 327.9 billion by 2026 according to a new research published by Polaris Market Research. In 2017, North America accounted for the majority share in the global Automotive Catalytic Converter market. The three-way oxidation-reduction catalytic converter is expected to lead the global market during the forecast period.
The increasing demand and production of vehicles majorly drives the Automotive Catalytic Converter Market growth. The increasing regulations regarding emissions and fuel efficiency boosts the adoption of automotive catalytic converter. The increasing disposable income, increasing environmental concerns, and lifestyle changes increase the demand for efficient vehicles, thereby supporting the automotive catalytic converter market. Other factors driving market growth include technological advancement, and upcoming emission regulations in Asia. New emerging markets, emerging consumer demographics, and significant investments in research and development would provide numerous growth opportunities in the market during the forecast period.
The North America Automotive Catalytic Converter Market is expected to dominate the global market during the forecast period. This is due to high living standards and high disposable income supporting the growth of the automotive industry. Presence of global players in these countries taps market potential and boosts the market growth. Increasing technological advancements and significant investments in research and development in automotive catalytic converters in vehicles boosts the market growth. The stringent government regulations regarding emissions and fuel efficiency further support the automotive catalytic converter market growth in this region. Governments in the region have introduced several laws and regulations to monitor vehicular emission. These regulations have mandated automobile manufacturers to use advanced technologies to combat high emission levels in vehicles
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The different types of automotive catalytic converters include two-way oxidation catalytic converter, three-way oxidation-reduction catalytic converter, and diesel oxidation catalytic converter. The three-way oxidation-reduction catalytic converter is expected to dominate the global automotive catalytic converter market in 2017 owing to significant increase in the demand for gasoline vehicles. The stringent emission regulations primarily drive the growth of this segment.
The leading companies profiled in the Automotive Catalytic Converter Market include Magneti Marelli S.P.A., Faurecia SA, Sango Co.Ltd., Benteler International AG, Futaba Industrial Co. Ltd. , BASF Catalysts LLC, European Exhaust and Catalyst Ltd, Deccats, Yutaka Giken Co. Ltd., and Calsonic Kansei Corporation among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Global Wireless Mesh Network Market: Trending in 2021
New York, NY 4 June 2021: The wireless mesh network market is anticipated to reach around $119.2 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the smart cities and warehouses segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global wireless mesh network market revenue during the forecast period.
The growing need for efficient and stable network performance, along with the ability of wireless mesh network to flexibly expand and increase performance has boosted growth of the wireless mesh network market. Furthermore, the rising penetration of mobile devices, and rising adoption of mobile-connected devices further support the growth of this market. Additionally, the increasing demand of wireless mesh network from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements, growing demand for wireless broadband services, and declining costs of connected devices would accelerate the growth wireless mesh network market during the forecast period. However, data privacy and security concerns are expected to hinder market growth. Growing demand from emerging economies, increasing adoption of IoT and smart grid applications are expected to provide numerous growth opportunities in the coming years.
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Wireless mesh networks are increasingly being used for environmental monitoring and precision agriculture. The farming industry is using automation and technology to increase profitability and reduce operating costs and the use of sensors in fields, tractors and vineyards for monitoring and management of farm operations has resulted in increased crop production and less resource wastage has also supported the wireless mesh network market growth in the recent past. Low frequency wireless mesh networks using sensor networks are deployed for environmental conditional monitoring, whereas high frequency wireless mesh networks are being used for tractor automation and precision agriculture and has increased the demand for wireless mesh network.
North America generated the highest revenue in the market in 2017, and is expected to lead the global wireless mesh network market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of IoT drive the wireless mesh network market growth in the North America. The growing demand of mobile devices, and technological advancements further support market growth in the region. The use of smart technologies in energy and utilities, industrial automation, and intelligent buildings is expected to support market growth in this region during the forecast period.
The major players operating in wireless mesh network market include Ruckus Wireless, Cisco Systems, Aruba Networks, Tropos Networks, Strix Wireless Systems Pvt Ltd, Firetide, Inc., Cambium Networks, Qualcomm, Rajant Corporation, Synapse Wireless. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Global Plastic Waste Management Market: Trending in 2021
New York, NY 7 June 2021: The global Plastic Waste Management market size is anticipated to reach USD 35.10 billion by 2026. In 2017, the recycling segment accounted for the highest share in the market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.
The significant initiatives taken by the public and private sector for environmental protection coupled with initiatives aimed at use of recyclable packaging solutions majorly drive the market growth. The increasing population, industrialization, and urbanization further support the market growth. Increasing demand for sustainable packaging solutions, increasing trend towards recycled plastic, and growing use of recyclable plastic packaging in various sectors boosts the market growth. Increasing environmental concerns, growing pollution levels across the world, and rising need to recycle plastic waste accelerates the growth of the plastic waste management market. Stringent regulations enforced by governments worldwide, and growing initiatives to promote sustainable waste management practices are expected to provide growth opportunities in the during the forecast period.
There are numerous ways in which plastic wastes can be managed like landfilling, incineration and recycling. Among these, recycling plastic is the only environmentally sustainable method of plastic management. One particular way in which plastic waste can be reused is by reprocessing the waste into construction material. Research indicates that the resins included in the composition of plastic turn into excellent reinforcement and can be used as a high performing composite material. This material, named as Polyester Concrete, is also low-cost owing to the cheap source. With proper implementation of this process, the plastic waste can be successfully managed.
Asia-Pacific generated the highest market share in terms of revenue in the global plastic waste management industry in 2017, and is expected to lead the market throughout the forecast period. The growing population, rising disposable incomes, and a transition from traditional markets to the purchasing of packaged consumerist goods has accelerated the market growth in the region. The rising environmental concerns, and stringent government regulations regarding use of plastic is generating numerous opportunities for the plastic waste management industry in the region.
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The well-known companies profiled in the plastic waste management report include Progressive Waste Solutions Ltd., Covanta Holding Corporation, Wastecare Ltd., Reprocesses Plastic, Inc., Waste Management Inc., Suez Environnement Company, ADS Waste Holdings, Inc., United Plastic Recycling, TM Recycling GmbH., and Hahn Plastics Limited. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Polaris Market Research has segmented the global plastic waste management market on the basis of resin type, equipment, services, source, end-user and region.
Plastic waste management Resin Type Outlook (Revenue, USD Million, 2015 – 2026)
Thermosetting
Thermoplastic
Plastic waste management Equipment Outlook (Revenue, USD Million, 2015 – 2026)
Assembly & Transportation Equipment
Recycling Equipment
Incineration Equipment
Plastic waste management Services Outlook (Revenue, USD Million, 2015 – 2026)
Recycling
Assembly
Incineration
Transportation
Clearance
Others
Plastic waste management Source Outlook (Revenue, USD Million, 2015 – 2026)
Residential
Commercial
Industrial
Others
Plastic waste management End-User Outlook (Revenue, USD Million, 2015 – 2026)
Automotive
Packaging
Construction
Wood and Furniture
Textiles
Others
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Global Pectin Market: Trending in 2021
New York, NY 7 June 2021: The global pectin market is estimated to reach USD 1.87 billion by 2026 and is anticipated to grow at a CAGR of 6.4 % from 2018 to 2026. Pectin market is projected to witness significant growth over the forecast period. Increasing health consciousness among consumers and various health benefits of pectin products is expected to drive the global market over the forecast period.
Pectin are plant-derived compounds, a structural heteropoly saccharide that is contained in primary cell walls of the terrestrial plants. It is mainly extracted from citrus fruits, apples, apricots, cherries, oranges, and carrots. Commercially, it is available in the form of white to light brown powder. The industry is characterized by companies characterized by medium level of integration in the value chain. Packaging and shipping play an important role in integrating the value chain. This helps the companies to incorporate their businesses in a cost-effective way.
Suppliers include companies which are involved in the production & distribution of processes raw materials such as apple, citrus, and others. The rising shortage of raw materials and increased import for Brazil and European countries is resulting in high bargaining power to the suppliers. In addition, low threat of backward integration from manufacturers, except some of the major and giant market players is also resulting in high bargaining power of suppliers.
The pectin market witnesses an external threat of substitution from natural gum and Citri-fi. Citri-fi is natural functional fibers, which are derived from citrus fruits. They offer hydrocolloidal properties, which is significant for high water holding capabilities. There are also some synthetic alternatives such as polyurethane, but these are usually not considered suitable for skin contact applications. However, the various advantages of pectin over these products are expected to lower the threat.
Pectin extracted from this raw material are used for high cholesterol high blood pressure, & blood sugar, joint pain, weight loss, prevent colon & prostate cancer, high triglycerides, gastroesophageal reflux disease (GERD) and diabetes. In addition, some people also use pectin to prevent poisoning caused by strontium, and other heavy metals.
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Despite the shortage in the supply of raw material, some of the major players are also trying to increase their production capacity to meet the demand. For instance, Cargill acquired FMC’s plant to boost their pectin production capacity. The market is highly fragmented and competitive. In addition, it also experiences the presence of small-scale as well as giant players. The key and major companies are investing in R&D activities and frequently involved in merger and acquisition to increase their market share and product portfolio. Some of the companies that have a significant influence in the industry include DuPont Nutrition & Health, FMC Corporation, CPKelco, Herbstreith & Fox, Devson Impex Private Limited, Cargill Incorporated, B&V srl. and Yantai Andre Pectin Co. Ltd.
Growth in food & beverage industries, in emerging economies, is expected to drive the Asia Pacific market. The market is projected to grow rapidly in the Asia Pacific region, owing to the changing lifestyle of consumers in emerging economies including, China and India. The rising health consciousness among consumers and the presence of major players in North America is projected to positively drive the growth of the market over the forecast period.
Polaris Market Research has segmented the global pectin market on the basis of function, application and region:
Pectin Function Outlook (Revenue, USD Million, 2015 – 2026)
Thickener
Stabilizer
Gelling Agent
Fat Replacer
Pectin Application Outlook (Revenue, USD Million, 2015 – 2026)
Food & Beverage
Pharmaceuticals
Bakery
Dairy Products
Others
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Global Smart Airport Market: Trending in 2021
New York, NY 7 June 2021: The global smart airport market is estimated to reach USD 31.10 billion by 2026 growing at a CAGR of 11.2% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Smart Airport Market Share, Size, Trends, & Industry Analysis Report, By Component (Hardware, Software, Services); By Infrastructure; By Solution (Terminal Side, Air Side, Landside); By Application; By Region: Segment Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2017, the hardware segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global market.
The growing implementation of self-service kiosks at airports along with increasing costs associated with high energy use increases the demand for smart airport solutions. The increasing penetration of mobile and smart devices, along with government regulations regarding energy use and emissions support the market growth.
The rising adoption of Internet of Things and increasing security concerns boosts the adoption of smart airport solutions. Other factors driving the market growth include increasing need to offer personalized services to travelers, rising demand for real-time information, and growing need to simplify and enhance user experience. New emerging markets, technological advancements, modernization of old airports, and increasing awareness among consumers regarding efficient energy use would provide growth opportunities for market in the coming years.
Smart airport solutions provide high resolution imaging and advanced data processing for facial recognition, offering improved flow management and security processing. It also offers personalized wayfinding to guide travellers through terminals and provides accurate timings at each stage. Smart airport solutions manage predictive and real time passenger flow systems to minimize queuing for security and immigration.
Security search use non-intrusive, on-the-move facial recognition and bag scanning, risk-based analytics, and identification of high-risk travelers. Real time data from transport systems enables adaption of flight schedules, and provide connected, automated travel options offering seamless, reliable public transport options.
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In 2018, North America accounted for the highest share in the global market. The primary factors driving the market growth in the region include established telecommunication industry and cloud infrastructure, rising penetration of mobile devices, technological advancements, and high investment in R&D. The introduction of favourable government regulations regarding energy usage and emissions, and rising awareness regarding use of energy efficient equipment boost the market in North America. The increasing concerns regarding safety, growing air traffic, modernization of old airports, and growing adoption of connected devices and IoT further increase the demand of Smart Airport solutions in the region.
The well-known companies profiled in the smart airport market report include Siemens AG, Rockwell Collins, Inc., Thales Group, IBM Corporation, Cisco Systems, Inc., International Business Machines Corporation, T Systems International GmbH, Amadeus IT Group SA, Honeywell International Inc., and Indra Siestma S.A. These companies launch new products and collaborate with other market leaders in the smart airport industry to innovate and launch new products to meet the increasing needs and requirements of consumers.
Polaris Market Research has segmented the global smart airport market on the basis of component, infrastructure, solution, application and region:
Smart Airport component Outlook (Revenue, USD Billion, 2015 – 2026)
Hardware
Software
Services
Smart Airport infrastructure Outlook (Revenue, USD Billion, 2015 – 2026)
Communication Systems
Air/Ground Traffic Control
Security Systems
Passenger
Cargo & Baggage Ground Handling Control
Endpoint Devices
Others
Smart Airport solution Outlook (Revenue, USD Billion, 2015 – 2026)
Terminal Side
Air Side
Landside
Smart Airport Application Outlook (Revenue, USD Billion, 2015 – 2026)
Aeronautical Operations
Non-Aeronautical Operations
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Global Aircraft Health Monitoring Systems Market: Trending in 2021
New York, NY 7 June 2021: The global aircraft health monitoring system market size is anticipated to reach USD 7.55 billion by 2026, according to a new research published by Polaris Market Research. In 2017, the hardware segment dominated the global aircraft health monitoring system (AHMS) industry, in terms of revenue. North America accounted for the majority share in the global market in 2017.
The increasing government regulations regarding safety, along with growing instances of aviation accidents majorly drive the market growth. The increasing volume of air traffic and rising safety concerns, especially from the defense sector, have increased the demand for real-time fault management, predictive maintenance, performance monitoring, thereby supporting the growth of Aircraft health monitoring system industry. Other factors driving the market growth include growing adoption of connected aircraft solutions, growing need of automation and reduction in operation costs, technological advancements, and increasing adoption of IOT. New emerging markets, upgradation and replacement of old aircraft with new generation aircrafts, and significant investments in research and development would provide numerous growth opportunities in the aircraft health monitoring system industry during the forecast period.
The aircraft health monitoring system is a collection of various tools and techniques which work together to monitor the lifecycle of the aircraft parts. This technology is also able to predict when a particular part or process might fail. Over-heating of engines, high vibrations, low oil pressure, hard landings are some examples of situations that require investigation and attendance. The technology enables proactive maintenance of the aircraft along with its engine and other intricate parts.
North America is expected to dominate the global Aircraft health monitoring system market during the forecast period. This is due to rising number of commercial aircrafts and increasing air traffic in the region. Increasing safety concerns, and growing demand for safe travel experience boosts the aircraft health monitoring system industry growth in the region. Presence of global players in this region taps market potential and boosts the market growth. Increasing technological advancements and significant investments in research and development for development of advanced aircraft health monitoring solutions support the market growth in this region. The government regulations regarding aircraft safety, increasing adoption of connected aircraft solutions, and upgradation of old aircrafts further supports aircraft health monitoring solutions market growth.
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The well-known companies profiled in the aircraft health monitoring systems report include Rolls-Royce plc, Airbus S.A.S., Rockwell Collins, Ultra Electronics Holdings PLC, Boeing Company, Honeywell International Inc., General Electric Company, RSL Electronics Ltd., Meggitt PLC, and Lufthansa Technik. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Polaris Market Research has segmented the global Aircraft Health Monitoring System market on the basis of source, functionality, application, distribution channel and region:
Aircraft Health Monitoring Systems Component Outlook (Revenue, USD Billion, 2015 – 2026)
Hardware
Software
Services
Aircraft Health Monitoring Systems Aircraft Type Outlook (Revenue, USD Billion, 2015 – 2026)
Wide-Body Aircraft
Narrow-Body Aircraft
Regional Jets
Aircraft Health Monitoring Systems Fit Outlook (Revenue, USD Billion, 2015 – 2026)
Linefit
Retrofit
Aircraft Health Monitoring Systems Technology Outlook (Revenue, USD Billion, 2015 – 2026)
Detection
Diagnostics
Prognostics
Adaptive Control
Others
Aircraft Health Monitoring Systems End User Outlook (Revenue, USD Billion, 2015 – 2026)
Commercial
Defense
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Global Glass Coatings Market: Trending in 2021
New York, NY 7 June 2021: The global glass coatings market size is anticipated to reach USD 5.03 billion by 2026, according to a new research published by Polaris Market Research. In 2017, the nano glass coating segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
Several stringent energy regulations passed by governments worldwide have boosted the adoption of glass coatings. Growing concerns regarding energy efficiency, increasing need to reduce energy consumption, and growing demand from the automotive sector further support the market growth. The increasing sale of vehicles, especially in the developing countries, along with growing adoption of solar installations supports the market growth. Additionally, the increasing adoption of energy efficient buildings and reducing operation costs would boost the market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and growing demand from emerging economies. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.
The awareness regarding green buildings, and reduction in operation costs encourage the commercial sector to invest in glass coatings. Commercial structures such as manufacturing plants, offices, and institutes are adopting glass coating to reduce emissions, increase efficiency, and optimize energy use. Asia-Pacific generated the highest revenue in the glass coatings market in 2018. The increasing use in vehicles, and rising awareness regarding energy efficient buildings drive the market growth in the region. The increasing sale of vehicles in countries such as China, Japan, and India, and the growing demand from the construction sector drives the growth of the glass coatings industry in the region. Numerous key players have adopted partnership and expansion strategies to increase their market share in the markets of the Asia-Pacific.
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The different end-users of glass coating include construction, automotive and transportation, aerospace, marine, and others. In 2018, the automotive segment accounted for the highest market share. The use of glass coatings in windows, doors, and windshields in automotive reduces the heat accumulation in vehicles and offer high UV resistance and high optical activity.
The well-known companies profiled in the report include Kyocera Corp, PPG Industries, Henkel A.G., The NSG Group, Saint-Gobain, Corning Inc, Murata Manufacturing Co. Ltd, Valspar Corporation, Euroglas GmbH, and The Sherwin-Williams. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.
Polaris Market Research has segmented the global glass coatings market on the basis of type, technology, end user and region:
Glass Coatings Type Outlook (Revenue, USD Billion, 2015 – 2026)
Pyrolytic Coating
Sol-Gel Coating
Magnetic Sputtering Coating
Others
Glass Coatings Technology Outlook (Revenue, USD Billion, 2015 – 2026)
Nano Glass Coating
Liquid Glass Coating
Glass Coatings End User Outlook (Revenue, USD Billion, 2015 – 2026)
Construction
Automotive and Transportation
Aerospace
Marine
Others
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Global Service Robotics Market: Trending in 2021
New York, NY 7 June 2021: The global service robotics market size is anticipated to reach USD 54.4 billion by 2026 growing at a CAGR of 17.3% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Service Robotics Market Share, Size, Trends, & Industry Analysis Report, By Type (Professional Service Robotics, Personal Service Robotics); By Component (Hardware, Software, Services); By Environment; By End-User; By Region: Segment Forecast, 2018 -2026’ provides insights on the current market scenario and the future prospects. In 2017, the hardware segment dominated the global service robotics industry, in terms of revenue. Europe was to be the leading contributor to the global market revenue in 2017.
There has been an increase in the demand of service robotics solutions across the world owing to greater need for automation of services. With the increasing use of collaborative robots in service applications, the overall demand for robotics has increased drastically over the years. The rising applications of drones, unmanned ground vehicles, unmanned surface vehicles, autonomous underwater vehicles, unmanned aerial vehicles in the military sector, use of delivery robots, personal assistance robots, inventory management bots in the healthcare & logistics sector coupled with reduction of hardware costs for the manufacturing of service robots are some stimulating factors for the global service robotics industry.
Technological advancements in vision software and assistive robots for patient care have further led to the development of innovative products to cater to the customized requirements and diversified applications of service robots in the healthcare industry. Growth of wireless technologies, smartphone adoption, rising trend of cloud computing, strong and stable economic growth in the growing economies, and untargeted potential markets provide lucrative opportunities for the market players in the market.
The advent of new technologies has led to the development of efficient and advanced medical robots for providing customized solutions. Consumer robots compatible with iPad/PC are developed for autistic children, which enable therapists and parents to guide them through their activities. Surgeons are able to perform operations from remote locations, allowing them to provide diagnosis through an interactive moving robot with the adoption of latest telesurgery and telepresence technologies. The da Vinci Surgical System, a surgical robot developed by Intuitive Surgical, Inc., holds a major share in the robotic surgery market.
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Surgical robots are specifically designed to perform surgeries or assist surgeons during operation procedures. It is a significant revenue-generating category in the healthcare segment owing to its high precision. Companies have formed alliances to offer diversified solutions in this segment. For instance, Verily Life Sciences LLC, a company by Alphabet Inc., has partnered with Johnson & Johnson’s Ethicon to manufacture surgical robots under jointly incorporated Verb Surgical, Inc. Another company, TransEnterix, Inc. recently launched the Surgibot Surgical System, which is capable of performing surgeries by creating only one incision for multiple instruments.
Europe generated the highest revenue in the service robotics industry in 2017. Growing demand for automation, technological advancements, and increasing labor costs encourage companies to invest in service robotics. Vendors in the service robotics industry deliver customized solutions for self-driving vehicles, surgical technologies, entertainment, and agriculture to cater to a wider audience. Government initiatives such as launch of civilian research and innovation program in robotics in 2014 and incorporation of SPARC Robotics, a joint platform for robotics companies in Europe, help to drive the market growth in Europe. In addition, under the platform of Innovation Union, a Europe 2020 flagship initiative is formed to maximize Europe’s global competitiveness.
The well-known companies profiled in the service robotics market report include Intuitive Surgical, Inc., Adept Technology, Inc., Irobot Corporation, Kuka AG, Aethon Inc., Bluefin Robotics, GeckoSystems Intl. Corp., Panasonic Corporation, Yujin Robot, Co., Ltd., Robert Bosch GmbH, Parrot SA, and Kongsberg Maritime. These companies launch new products and collaborate with other leaders in the market to innovate and launch new products to meet the increasing needs and requirements of consumers.
Polaris Market Research has segmented the global service robotics market on the basis of type, component, environment, end user and region:
Service Robotics Type Outlook (Revenue, USD Billion, 2015 – 2026)
Professional Service Robotics
Personal Service Robotics
Service Robotics Component Outlook (Revenue, USD Billion, 2015 – 2026)
Hardware
Software
Services
Service Robotics Environment Outlook (Revenue, USD Billion, 2015 – 2026)
Ground Based
Aerial
Marine
Service Robotics End User Outlook (Revenue, USD Billion, 2015 – 2026)
Healthcare
Agriculture
Construction
Defense
Logistics and Transportation
Domestic
Entertainment
Others
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Global Sugar Confectionery Market: Trending in 2021
New York, NY 7 June 2021: The global sugar confectionery market size is anticipated to reach USD 69.5 billion by 2026, according to a new research published by Polaris Market Research. In 2017, the offline stores segment dominated the global sugar confectionery industry, in terms of revenue. Asia-Pacific is expected to grow at the highest rate during the forecast period.
A significant increase in population, changing eating habits, and rising disposable income drive the market growth. Other factors influencing the global sugar confectionery industry include growing inclination towards gifting of confectionery products, and investments by market players in promotional activities, advertising campaigns, and social media marketing. Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific, further fuels the market growth.
Factors such as increase in per capita income, changes in consumer behavior, and rising trend of e-commerce are expected to accelerate the growth of sugar confectionery industry in the coming years. However, increasing health awareness, rising cases of obesity related diseases, and shift in trend towards consumption of low-calorie food are expected to restrict the growth of the sugar confectionery industry. Increasing demand from developing nations, rising demand for organic and premium chocolate products, and growing trend of gifting confectionery products are factors expected provide numerous growth opportunities to the market players during the forecast period.
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Asia-Pacific is expected to grow at the highest rate during the forecast period. The increasing population in the region coupled with rising disposable income drives the market growth in the region. The increasing demand of Sugar Confectionery in the region is expected to be driven by growth in countries such as China, Japan, and India. The development in retail market, stable economic growth, and growing trend of using sugar confectionery as gifts supports the market growth in the region.
The well-known companies profiled in the sugar confectionery market analysis report include Nestle SA, Mondelez International, Perfetti Van Meller, Lindt & Sprungli, Hershey Food Corp, Ferrero Group, Mars Incorporated, Kraft Foods Co., WM Wrigley JR Company, and Haribo GmbH & Co. KG among others. These companies are consistently launching new products to enhance their offerings in the global sugar confectionery industry. With change in lifestyles, companies are innovating and introducing new products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
Polaris Market Research has segmented the global sugar confectionery market on the basis of type, distribution channel and region:
Sugar Confectionery Type Outlook (Revenue, USD Billion, 2015 – 2026)
Hard-Boiled Sweets
Gums and Jellies
Caramels and Toffees
Medicated Confectionery
Others
Sugar Confectionery Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2026)
Offline Stores
Online Channels
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Global Silicon Elastomers Market: Trending in 2021
New York, NY 7 June 2021: The global silicone elastomers market size is anticipated to reach USD 9.34 billion by 2026 growing at a CAGR of 5.1% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Silicone Elastomer Market Share, Size, Trends & Industry Analysis Report By Product Type (Liquid Silicone Rubber, High Temperature Vulcanized/High Consistency Rubber, Room Temperature Vulcanized), By Process, By End-Use, By Regions]: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.
Silicone elastomers has been gaining significant importance from a wide range of end-use industries, especially from the construction industry. Evolution of advance liquid silicone rubber (LSR) technology has experienced exponential growth mainly in the high-tech application fields. Silicone elastomers are also used widely in the medical appliances sector and its utility has been increasing every year with increasing trend towards self-treatment of chronic ailments including blood conditions, autoimmune diseases, and hormone diseases.
In the other areas such as portable water and food processing, severely strict environmental as well as safety and health considered as catalyst to move to LSR. In the automotive industry, the rising trends of autonomous cars means vehicles are equipped with more and more electronic features, and that promotes the demand for integrated and super clean liquid silicone elastomer and LSR components. The growing demand for these products are related to demographics, urbanization and social changes as the growing affluent population has a higher buying power for electronics and other categories of lifestyle consumables.
Silicone elastomers are used widely in the present original equipment manufacturing industry owing to its extreme versality that makes it compatible to a wide range of end-use conditions. As silicone are liquid raw materials, it offers superior advantages in processing, which makes it the premier option for materials to be used for technical components in high volumes.
HVSR are also used in a wide variety of industries including the electronics, electrical and automotive, transmission along with the distribution industry, construction industry, process and mechanical engineering, and in food, health care and the medical sector.
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The room temperature vulcanized rubbers also have an extensive portfolio. These specific product categories provide an advantage for the cured rubbers to be manufactured with extreme high level of versality and extremely specified properties. RTV -2 and RTV-1 rubbers offers versatile and unique solution portfolios for individual manufacturing issues in a variety of industrial sectors including optoelectronics, electronics, moldmaking, household appliance, industrial process engineering, mechanical engineering, solar/photovoltaics, and even health care applications. The RTV-1 rubber grades are also absolutely ideal for all types of bonding, sealing and coating applications. These silicone-based elastomers owing to their extremely characteristics find applications in these wide manufacturing sectors.
The Asia Pacific industry is the leading silicone rubber producing regional market and accounted for approximately forty percent of the global market in 2017. China remained the fastest growing country for silicone elastomers in the region in 2017. These gains in the region were and are also anticipated to be driven by the continuous growth of China’s silicone and rubber industry along with India’s emerging silicone manufacturing industry. This is also owing to the favorable economic outlook for the higher income nations in the region.
The silicone-based elastomer manufacturing industry is a competitive market space with several multinational and diversified product manufacturing companies that play an active role. Some of the leading industry participants include Momentive Performance Materials Inc., Wacker Chemie AG, Dow Corning Corporation, Shin-Etsu Chemical Co., Ltd., Ltd., KCC Corporation, Mesgo S.P.A., China National Bluestar (Group) Co., Reiss Manufacturing Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Mesgo S.P.A., and Specialty Silicone Products Inc.
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Polaris Market Research has segmented the global silicone elastomers market on the basis of Product, Process, End-Use and Region:
Silicone Elastomers Product Outlook (Revenue, USD Million, 2015 – 2026)
Liquid Silicone Rubber
High Temperature Vulcanized/High Consistency Rubber
Room Temperature Vulcanized
Silicone Elastomers Process Outlook (Revenue, USD Million, 2015 – 2026)
Extrusion
Liquid Injection Molding
Injection Molding
Compression Molding
Others
Silicone Elastomers End-Use Outlook (Revenue, USD Million, 2015 – 2026)
Electrical & Electronics
Healthcare
Automotive & Transportation
Industrial Machinery
Consumer Goods
Construction
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Global Sleep Apnea Devices Market: Trending in 2021
New York, NY 7 June 2021: The global sleep apnea devices market size is anticipated to reach USD 10.23 billion by 2026 growing at a CAGR of 7.9% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Sleep Apnea Devices Market Share, Size, Trends & Industry Analysis Report, By Diagnostic Devices (PSG, Respiratory polygraphs, Pulse Oximeters, Actigraphy Devices); By Therapeutic Devices (PAP, Oxygen Devices, Oral Appliances); By End User; By Region: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects. In 2017, the Positive airway pressure (PAP) dominated the global Sleep Apnea Devices industry, in terms of revenue. North America was to be the leading contributor to the global market revenue in 2017.
Sleep apnea is an ailment which befalls when the brain as well as body obtain inadequate amount of oxygen where breathing process is interfered while sleeping. Obstructive Sleep Apnea (OSA) is the most common type of sleep apnea which is majorly triggered by airway blockage. Other forms of sleep apnea are central sleep apnea, and complex sleep apnea syndrome. In order to avoid such disease, it is essential to perform diagnostic tests on the patient to classify the appropriate therapeutic devices for treatment. Sleep apnea is extensively observed in the elderly population. There are multiple instances where sleep apnea is kept un-diagnosed due to factors such as non-specific exhibition of the disorder and lack of awareness amongst the patients.
Growing frequency of this disease along with the increasing need for appropriate diagnosis and effective treatment, increasing responsiveness among individuals, and growing geriatric population are some of the major factors encouraging the industry growth. Moreover, technological advancements augmenting comfort and safety is expected to enhance the usage of device rates especially in developed economies such as North America, which in turn is estimated to drive the market growth.
The sleep apnea diagnosis industry has witnessed rapid surge during the past decade. The growth has been attributed to the continuous development in sleep apnea device usage. According to the World Health Organization (WHO) reports, about 100 million individuals are suffering from sleep apnea. In addition, obstructive sleep apnea and is a chronic disease that unfavorably affects health. According to the National Healthy Sleep Awareness Project reports, around 25 million people are affected by this disease alone in the U.S.
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Occurrence of sleep apnea surges the risk of other ailments such as abnormal glucose metabolism, depression, diabetes, high blood pressure, systemic hypertension, heart disease, and strokes. This all disorders further rises the total healthcare cost weight on the nation. Increasing consciousness regarding the sleep apnea along with welfare of using sleep apnea devices are anticipated to upsurge the revenue growth during the near future.
The North America was estimated to hold the highest market share during 2017. The large market share is majorly attributed to due to the high occurrence of Sleep-Disordered Breathing (SDB). Moreover, there is also a growing awareness amongst the for the novel and technologically advanced sleep apnea devices that are driving the growth of market growth in North America.
Asia Pacific market is anticipated to be the fastest growing industry during the forecast period. Growing number of clinics and large number of undiagnosed patient pool are expected to form lucrative growth opportunity in the market. Key players present in this region are focusing on constructing favorable policies towards enhancing the consumer pool through introduction of advanced as and cost-effective devices which in turn is expected to provide robust growth opportunities in the market during the forecast period.
The well-known companies profiled in the Sleep Apnea Devices market report include Fisher & Paykel Healthcare (New Zealand), Koninklijke Philips (Netherlands), ResMed (US), Compumedics (Australia), Whole You (US), BMC Medical (China), Braebon Medical (Canada), Löwenstein Medical (Germany), Drive DeVilbiss Healthcare (US), and SomnoMed (Australia). These companies launch new products and collaborate with other leaders in the market to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Polaris Market Research has segmented the global Sleep Apnea Devices market on the basis of diagnostic devices, therapeutic devices, end user and region:
Sleep Apnea Devices Diagnostic Devices Outlook (Revenue, USD Billion, 2015 – 2026)
Polysomnography Devices (PSG)
Respiratory polygraphs
Pulse Oximeters
Actigraphy Devices
Sleep Apnea Devices Therapeutic Devices Outlook (Revenue, USD Billion, 2015 – 2026)
Positive Airway Pressure (PAP) Devices
Oxygen Devices
Oral Appliances
Adaptive Servo Ventilation (ASV) Devices
Sleep Apnea Devices End User Outlook (Revenue, USD Billion, 2015 – 2026)
Hospitals & Sleep Laboratories
Home care settings
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Global Solar Panels Market: Trending in 2021
New York, NY 7 June 2021: The global solar panels market size is anticipated to reach USD 90.23 billion by 2026 growing at a CAGR of 12.4% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Solar Panels Market Size, Share, Trends, & Industry Analysis Report By Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-Film Solar Panels); By End-User (Residential, Commercial, Utility, Others), By Regions: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects. In 2017, the commercial segment accounted for the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.
The increase in the adoption of renewable energy sources, significant investments in environmental protection, coupled with government initiatives aimed at increasing the adoption of solar panels majorly drives the market growth. Increasing demand for sustainable energy solutions and government efforts in the form of incentives and schemes boost the market growth. Growing concerns regarding environmental pollution caused by use of fossil fuels and their limited availability further support the market growth. New emerging markets, and declining costs of photovoltaic materials would provide growth opportunities in the market in the coming years.
Asia-Pacific generated the highest market share in terms of revenue in 2017, and is expected to lead the global market throughout the forecast period. The growing urbanization, and depleting traditional energy sources has accelerated the market growth in the region. A significant rise in the initiatives taken by governments of China, India, and Japan to promote the use of solar technology to reduce carbon footprint supports the market growth in the region.
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Incentives provided by the governments to the commercial sector industries using solar technology has resulted in high demand of solar panels in the region. Regions such as North America and Europe export solar cells from Asia-Pacific, thereby supporting the market growth in the region. Increasing awareness regarding use of renewable sources and green technologies augments the market growth in the region.
Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. In June 2017, Heraeus Photovoltaics, a major player in the solar energy market, partnered with Solar Space, a China-based multicrystalline solar cell producer for technological advancement and development of innovative solar panels. In September 2017, Heraeus Photovoltaics, entered into a partnership agreement with JinkoSolar Holding Co., Ltd. Through this partnership, the companies plan to develop advanced solar panels offering higher efficiency and lower costs.
The well-known companies profiled in the Solar Panels market report include Yingli Green Energy Holding, Suntech Power Holdings, SunPower Corporation, Panasonic Solar Panels, Hanwha Q CELLS, Jinko Solar, Canadian Solar, Trina Solar, First Solar, and Bosch Solar Energy. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Polaris Market Research has segmented the global solar panels market on the basis of type, end user and region:
Solar Panels Type Outlook (Revenue, USD Billion, 2015 – 2026)
Monocrystalline
Polycrystalline
Thin-Film
Solar Panels End User Outlook (Revenue, USD Billion, 2015 – 2026)
Residential
Commercial
Utility
Others
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
