Uncategorised – Page 19 – Market Industry Forecast News

Driving Efficiency: Insights into the Positive Displacement Pumps Industry 2023-2030

Positive Displacement Pumps Industry Data Book | Forecast 2030

The economic value generated by the positive displacement pump industry was estimated at approximately USD 18.35 billion in 2022. The demand from various industries such as oil & gas, chemicals, pharmaceuticals, and water treatment is driving this market’s growth. Positive displacement pumps, known for their precision and ability to handle a wide range of fluids, were increasingly adopted for critical applications where accuracy and reliability were paramount. Technological advancements, including the integration of smart and energy-efficient features, were enhancing the overall outlook of the sector. However, the specific outlook can be influenced by economic conditions, technological developments, and industry trends, so it is advisable to check more recent sources for the latest information.

Access the Global Positive Displacement Pumps Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Positive displacement pumps transfer the fluid mechanically by repeatedly enclosing a fixed volume with the help of seals or valves. The pump’s action is cyclic, which is driven by screws, lobes, diaphragms, vanes, or gears. These are preferred in the oil & gas industry mainly because of the limitations of the centrifugal pumps. Positive displacement pumps work at lower speeds which makes them less prone to damages caused by high viscosity oils and slurries. These are used when applications require accurate dosing. The industry is further segmented into reciprocating and rotary pumps.

The rise of Industrial IoT is poised to transform the manufacturing environment by developing a digitally connected ecosystem. End-users across multiple industry verticals are eager to invest in IoT technologies that enable them to make their assets smarter and more intuitive in the current context, with increased demand to control operating expenditure and improve production efficiency. This trend is influencing the positive displacement pumps industry, where several leading and niche manufacturers are actively investigating IoT-based solutions to integrate intelligence into their product offerings.

The integration of IoT in positive displacement pumps has revolutionized the industrial landscape by enhancing efficiency, predictive maintenance, and overall performance. IoT-enabled pumps gather real-time data, allowing for continuous monitoring of the key parameters such as pressure, temperature, and flow rates. This data is then analyzed to predict potential issues, enabling proactive maintenance to prevent downtime. Additionally, IoT facilitates remote monitoring and control, optimizing operations and reducing the need for on-site interventions. The connectivity and data-driven insights provided by IoT, empower businesses to make informed decisions, improve energy efficiency, and extend the lifespan of positive displacement pumps, thereby positively impacting the market through increased reliability and cost-effectiveness.

Order your copy of the Free Sample of “Positive Displacement Pumps Industry Data Book – Rotary Pumps and Reciprocating Pumps Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Rotary Pumps Market Report Highlights

The gear pump segment accounted for the largest share of 34.3% in 2023 owing to the characteristics of the pump that involve meshing of gears to generate pressure difference so that transfer of fluids can be done from one point to another

The oil & gas segment accounted for the largest revenue share of 27.3% in 2023 as rotary pumps are effectively used in the oil & gas industry for tasks, such as moving crude oil from wellheads to storage tanks, facilitating transfers between storage tanks, and handling the loading & unloading processes involving tankers and pipelines

Asia Pacific accounted for the largest share of 40.4% in 2023 due to growth in the agriculture and chemical & food processing industries. Furthermore, increased government expenditure in the water treatment and construction sector is expected to drive market growth

Middle East & Africa accounted for the second-largest CAGR of 5.1% from 2024 to 2030 owing to the rising oil production in the well-developed oil & gas industry

Atlas Copco AB expanded its product mix for rotary pumps by introducing new dry rotary vane vacuum pumps under its DVS Series in May 2023. This new product has product attributes, such as oil-free, low noise creation, and non-contamination of process, and is likely to reinforce the company’s position in the rotary vane pump segment

Go through the table of content of Positive Displacement Pumps Industry Data Book to get a better understanding of the Coverage & Scope of the study

Reciprocating Pumps Market Report Highlights

Based on type, the diaphragm pump segment held the largest revenue share of 57.6% in 2023. A diaphragm pump employs a diaphragm composed of flexible materials such as rubber or plastics to convey fluids instead of rod & piston assembly

In terms of end-use, the oil & gas segment held the largest revenue share of 24.2% in 2023. Reciprocating pumps are effectively employed in the oil and gas industry for tasks such as upstream exploration and production (ExoPE) of hydrocarbons

The Asia Pacific region held the largest revenue share of 40.1% in 2023 due to growth in agriculture, chemical & food processing industries. Furthermore, increased government expenditure in water treatment and construction sector is expected to drive the market growth

The Middle East and Africa region is anticipated to grow at the second fastest CAGR of 5.6% over the forecast period, owing to the rising oil production in the well-developed oil & gas industry

In August 2023, LEWA GmbH launched new pump sizes for diaphragm metering pumps, which are designed to cater to the needs of the chemical industry, food industry, and oil & gas industry. These new pump sizes can handle flow rates up to 1000 l/h

Competitive Insights

Major market players include Ingersoll Rand SPX Flow; Alfa Laval; Viking Pump, Inc.; Grundfos; Schlumberger Limited; KSB Group; and Sulzer Ltd. Positive displacement pump manufacturers adopt strategies such as mergers & acquisitions, partnerships & joint ventures, new product developments, distributor agreements, new online channels, and geographical expansions, to gain greater market presence and cater to the ever-changing consumer requirements.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Unlocking the Potential: Growth Projections for the Smart Bathroom Industry 2023-2030

Smart Bathroom Industry Data Book | Forecast 2030

The growing interest among consumers in home automation and the incorporation of smart devices is a significant driver for the growth of the smart bathroom market. Consumers are actively seeking innovative and user-friendly solutions that can enhance their bathroom experiences.

The advancement in technology, notably in the field of the Internet of Things (IoT), Artificial Intelligence (AI), and voice recognition have led to the integration of various smart features into bathroom fixtures and accessories. The development of features like automated temperature regulation, voice-activated lighting, and smart showers, have enticed consumers to consider upgrading their conventional bathrooms.

Access the Global Smart Bathroom Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

The growth of smart bathroom solutions is propelled by fast-paced urbanization and ongoing infrastructure development in numerous regions. This progress encourages the widespread adoption of smart technologies in commercial buildings, hotels, and public restrooms. By seamlessly integrating these innovations, such spaces benefit from elevated functionality, improved hygiene standards, and enhanced efficiency.

Smart Toilet Market Market Report Highlights

The residential application segment is expected to expand at the fastest CAGR of 10.7% from 2019 to 2025 as a result of increasing number of smart homes in the urban cities of key markets including U.S. and China

The offline segment generated a revenue of USD 5.3 billion in 2018. Online channel is the fastest growing segment with a CAGR of 10.8% from 2019 to 2025 due to its doorstep delivery services

Europe was the largest regional market with a revenue of USD 2.4 billion in 2018

New product launch is expected to remain a key strategy among the market participants over the next few years.

Order your copy of the Free Sample of “Smart Bathroom Industry Data Book – Smart Toilet, Smart Bathroom Soap Dispenser, Faucets, Showers, Mirrors and Smart Bathtubs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

Electronic Soap Dispensers Market Report Highlights

North America held or the largest electronic soap dispensers market share of more than 35% in 2018

Asia Pacific is expected expand at the fastest CAGR of 9.2% from 2019 to 2025

Commercial application segment held the leading market share of 50.9% in 2018

Plastic held the largest market share of 69.2% in the raw material segment in 2018

Smart Faucets Market Report Highlights

North America was the largest smart faucets market, accounting for a share of more than 30.0% in 2018 owing to increasing smart homes and growing hospitality sector

The commercial application segment accounted for exceeding 60.0% share of the global revenue in 2018. Positive outlook towards global hospitality sector is expected to open new avenues

Brick and mortar was the largest distribution channel with a share of more than 70.0% in 2018

Key players include LIXIL Group Corporation, CERA Sanitaryware Limited, Roca Sanitario, S.A., Kohler Co., TOTO LTD., Masco Corporation, Villeroy & Boch, Hansgrohe, and DELTA FAUCET COMPANY

Product innovation is expected to remain a critical success factor among the industry participants.

Smart Shower Market Report Highlights

The residential/domestic dominated the global market with the highest revenue share in 2022.

This growth is due to the growing number of remodeling activities undertaken by new and old homeowners to elevate their experience and personalize their homes.

North America led the global market with the highest revenue share owing to an increasing number of commercial buildings in the region.

The rising growth rate of the remodeling industry across North America indicates a surge in residential home furnishing and fittings, which is expected to impact the smart shower market’s growth positively.

Go through the table of content of Smart Bathroom Industry Data Book to get a better understanding of the Coverage & Scope of the study

Smart Mirror Market Report Highlights

Europe is expected to expand with a considerable CAGR over the forecast period from 2023 to 2030. In Europe, consumers place a high value on design and aesthetics in home decor, which drives the preference for products like smart mirrors

The free-standing segment is estimated to expand with substantial CAGR over the forecast period. The flexibility in placement of these mirrors is a key driving factor behind the increasing popularity and growth of free-standing smart mirrors

The commercial segment is anticipated to expand with a faster CAGR over the forecast period. Use of smart mirrors in commercial spaces enhances customer convenience, reduces return rates, and boosts sales owing to which their adoption is increasing in commercial spaces thus surging the market growth

The online sales channel is expected to expand with a higher CAGR over the forecast period. Online distribution channels offer various conveniences for shopping owing to which its use is increasing among consumers thus surging the segment’s growth

Bathtub Market Report Highlights

Based on the type, the alcove bathtubs segment dominated the market with a 37.54% revenue share in 2023, owing to growing demand from residential sector. The alcove bathtubs are majorly preferred among consumers who have limited bathroom space

Based on the material, the acrylic segment dominated the market in 2023 with the largest revenue share of 40.18%. Acrylic can be attributed to their resilience, simple maintenance requirements, and adaptability in design, making them a favored choice among consumers

Based on the end-user, the commercial bathtub segment is expected to grow at the fastest CAGR over the forecast period due to the rising number of hotels, and well centers across regions that have been significantly contributing to the demand for various commercial bathtub products

Europe is projected to emerge as a lucrative region for global market. This can be attributed to the growing trend of home renovation and remodeling projects has also contributed to the region’s market growth

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Investment Opportunities in the Active Pharmaceutical Ingredients and High Potency API Industry: 2023-2030

Active Pharmaceutical Ingredients and High Potency API Industry | Forecast 2030

Grand View Research’s API and High Potency API industry databook is a collection of market sizing & forecasts insights, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses studies. Within the purview of the database, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.The following data points will be included in the final product offering in two reports and one sector report overview.

The global API and HPAPI markets combine to account for USD 233.31 billion revenue in 2021, which is expected to reach USD 393.65 billion by 2030, growing at a cumulative rate of 6.0% over the forecast period. The combination bundle is designed to provide a holistic view of these highly dynamic market spaces.

Access the Global Active Pharmaceutical Ingredients and High Potency API Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Active Pharmaceutical Ingredients Market Growth & Trends

The global active pharmaceutical ingredients market size is expected to reach USD 352.98 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.75% from 2024 to 2030. The market is driven by the growth of the biopharmaceutical sector, advancements in active pharmaceutical Ingredients (API) manufacturing, and an increase in the geriatric population.

The growth of the captive API segment is propelled by companies investing in solving challenges and developing new chemical ways for the production of APIs in-house. This aids in reducing costs and the risk of contamination. Artificial intelligence and protein synthesis are expected to facilitate faster development with greater control over the process.

The rising prevalence of chronic and lifestyle-based conditions, such as cardiovascular diseases, is accelerating the demand for API. For instance, as per U.S. Pharmacist in 2020, 47% of adults have at least one risk factor that supports cardiovascular disease development. Cardiovascular diseases are one of the global, critical public health burdens driving extensive R&D for APIs in the field.

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High Potency Active Pharmaceutical Ingredients Market Growth & Trends

The global high potency active pharmaceutical ingredients market size is expected to reach USD 40.66 billion by 2030 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the HPAPI market is attributed to rising incidence of cancer, growing targeted therapies, and increasing application of high potency active pharmaceutical ingredients (HPAPI) in treating target diseases. Rising prevalence of cancer is expected to be a major factor. According to the WHO, cancer is the second leading cause of death, accounting for around 9.9 million deaths in 2020. Due to the growing number of people who contract the disease, cancer is regarded as one of the major health risks. The CDC states that factors such as smoking, obesity, alcohol use, and UV radiation exposure are risk factors for cancer since they contribute to the overall burden of the illness.

With limited treatment options and side effects associated with chemotherapy, there is a rising popularity of targeted therapy as it does not damage non-cancerous cells. In May 2021, Amgen, Inc. received the U.S. FDA approval for the launch of LUMAKRAS for treating patients with KRAS G12C-mutated locally advanced or metastatic NSCLC. LUMAKRAS is the first targeted product for the treatment of G12C-mutated KRAS NSCLC patients. This is likely to increase the demand for HPAPIs in the coming years. Characteristics of these anti-cancerous drugs, such as minimum exposure of drugs to non-cancerous cell and their effectiveness, are contributing to market growth.

Go through the table of content of Active Pharmaceutical Ingredients and High Potency API Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Competitive rivalry in this market is likely to be high due to increasing interest in small molecules and biologics for the treatment of chronic diseases is attracting industry players. These players have adopted strategies such as acquisitions, collaborations, and expansion of manufacturing units to strengthen their position in the market. Development of targeted therapies over the forecast period is expected to further intensify the competitive rivalry in the market. As part of strategic geographical expansion, many companies are setting up manufacturing plants in Asia Pacific region. In addition, increasing number of companies switch to contract manufacturers for APIs, which is further increasing competitive rivalry.

Some of the key players in the API and High Potency API market are Teva Pharmaceutical Industries Ltd., AbbVie, Inc., BASF SE, Boehringer Ingelheim International GmbH, CordenPharma, Merck & Co., Inc., Dr. Reddy’s Laboratories Ltd., Cipla, Inc., Bristol-Myers Squibb Company, Sun Pharmaceutical Industries Ltd., Sanofi, Pfizer, Inc., Viatris Inc., Albemarle Corporation, and Aurobindo Pharma.

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Trends and Forecasts for the Plastics Industry: 2023-2030

Plastics Industry | Forecast 2030

The economic value generated by the industry was estimated at approximately 307,966.7 kilotons in 2021. This economic output is an amalgamation of businesses that are involved in the manufacturing of plastics & their additives, distribution & supply, and application of plastics.

The value chain of the market consists of raw material suppliers, intermediate additives and filler producers, plastic manufacturers, and distributors/suppliers along with industrial end users. They are extensively used in various end-use industries such as construction, automotive, and electrical & electronics, packaging, medical devices, agriculture, furniture & bedding, consumer goods, utility, and others.

Access the Global Plastics Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Increasing demand for plastic polymers across the globe from industries such as automotive, electrical & electronics, textile, food & beverage, packaging, consumer goods, and various others, has propelled the competitive environment in the market. Companies are opting for strategies such as the introduction of new products, investment in research & development, and expansion of production capacities.

Plastic Resin Market Growth & Trends

The global plastic resin market size is expected to reach USD 1.07 trillion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a 4.5% CAGR over the forecast period. The increasing consumption of plastic resins in construction, automotive, electrical, and electronics applications is boosting the market growth. Government intervention to reduce overall vehicle weight to improve fuel efficiency and reduce carbon emissions has prompted automakers to use resins to replace steel and aluminum in automotive components.

Favorable federal regulations on CO2 emissions set by agencies such as the National Highway Traffic Safety Administration and the Environmental Protection Agency (EPA), as well as EU initiatives to develop plastics applications for light-weight and fuel-efficient cars, are expected to fuel global growth and promote the market. However, the ongoing health crisis and the lockdown imposed by various governments to contain the spread of the coronavirus pandemic have led to a decline in the consumption of plastic resins. It is expected to further negatively impact the market growth in the years to come.

Order your copy of the Free Sample of “Plastics Industry Data Book – Plastic Resins, Plastic Additive, Plastic Compounds and Recycled Plastics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research

Plastic Additives Market Growth & Trends

Global plastic additives market is expected to grow significantly at a CAGR of 4.5% from 2015 to 2022, owing to their ability to enhance performance, appearance, and processability of various polymers. Increasing demand for these additives is directly proportional to the growing consumption of polymers across the globe.The global plastic additives market size was 13.18 million tons in 2014.

Additives are used with different polymers in order to result in maximum output and increase the life span of the product. Plastic additives are increasingly being used for variety of functions that include extenders, processing aids, property modifiers, and stabilizers in industrial applications.

Plastic Compounds Market Growth & Trends

The global plastic compounds market size is expected to reach USD 98.65 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% over the forecast period. The market is estimated to be driven by packaging applications across the globe. The product demand in the packaging industry is driven by high consumerism in major economies, such as China, India, Germany, the U.S., and Brazil. Various regulatory bodies have stipulated guidelines regarding packaging materials in food contact applications. Polypropylene (PP) compounds offer a cost-effective packaging solution and help enhance impact strength, flexibility, clarity, and process efficiency. High demand for Polyethylene (PE) in the packaging industry has majorly contributed to the growth of the packaging end-use segment.

The global COVID-19 pandemic moderately affected the product demand in packaging application in 2020. The demand for packaging for healthcare products, food products, groceries, and e-commerce transportation increased sharply, while the demand for luxury, industrial, and some B2B transport packaging witnessed decline owing to the slowdown and halt in industrial operations. The recommencing industrial operation is expected to positively influence the demand in industrial, and B2B transport packaging in the coming years.

Go through the table of content of Plastics Industry Data Book to get a better understanding of the Coverage & Scope of the study

Recycled Plastics Market Growth & Trends

The global recycled plastics market size was valued at USD 47.60 billion in 2022 and is expected to exhibit grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. Increasing environmental concerns, rapid urbanization & industrialization, and the rising need to reduce the carbon footprint in the manufacturing of virgin plastic resin are expected to drive the demand for recycled plastics over the forecast period. The demand for recycled plastics is expected to increase mainly in the packaging application, which includes packaging of processed food & beverages, medical, electronics, and various other products, owing to the growing number of COVID-19 positive cases.

The demand for medical & healthcare products has increased owing to the safety and hygiene required to tackle the pandemic situation. Amid the global COVID-19 pandemic, the demand for electrical & electronic products, such as laptops and mobiles, has increased as companies are following the work-from-home model and educational institutions have shifted from classroom learning to online classes. Thus, the growth in the demand for electrical & electronic products is expected to drive the market over the forecast period. The regional market of Asia Pacific is anticipated to register the fastest growth rate during the forecast period.

Company Profiles

Evonik Industries
Sumitomo Chemical Co., Ltd.
Arkema
Celanese Corporation
Eastman Chemical Company
Chevron Phillips Chemical Co., LLC
Lotte Chemical Corporation
Exxon Mobil Corporation
Formosa Plastic Corporation
Covestro AG
Toray Industries, Inc.
Mitsui & Co. Plastic Ltd.

Competitive Insights

The global plastics industry is fragmented in nature with the presence of various key players such as BASF SE, Dow Inc., DuPont, Evonik Industries AG, SABIC, Sumitomo Chemical Co., Ltd., Arkema, and Celanese Corporation as well as a few medium and small regional players operating in different parts of the world. The global plastic molding companies face intense competition from each other as well as from the regional players who have strong distribution networks and good knowledge about suppliers & regulations.

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The Future of Cosmetic Dental Products: Trends and Innovations in the Dental Industry 2023 – 2030

Cosmetic Dental Products Industry | Forecast 2030

Cosmetic Dental Products Industry Data Book – Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Market

Grand View Research, Cosmetic Dental Products industry databook collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. The following data points will be included in the final product offering in 4 reports and one sector report overview:

Access the Global Cosmetic Dental Products Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Teeth Whitening Market Insights

The global teeth whitening market size was estimated at USD 6.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2022 to 2030. With an increase in the population opting for the improvement of dental aesthetics, this industry has undergone great advancements. Developing countries have generated a large amount of disposable income which is the main reason why the market is flourishing. The geriatric population, in general, has propagated the growth of this industry with old age-related tooth ailments. Factors such as the increasing popularity of cosmetic dentistry, evolving medical tourism of dental treatment, and the introduction of multiple government initiatives for public oral health care, are few growth enablers for the market.

Dental Implants Market Insights

The global dental implants market size was valued at USD 4.99 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. Increasing applications of dental implants in various therapeutic areas along with rising demand for prosthetics are some of the key factors expected to boost the industry growth. Prosthetics play a major role in propelling the demand for these implants through oral rehabilitation, which helps in restoring the oral function and facial form of a patient. Acceptance level for dental implants is increasing among patients and dental surgeons due to limitations of removable prosthetics, such as discomfort, lack of natural appearance, and need for maintenance.

Order your copy of the Free Sample of “Cosmetic Dental Products Industry Data Book – Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research

Dental Crowns And Bridges Market Insights

The global dental crowns and bridges market size was valued at USD 2.1 billion in 2018 and is expected to expand a CAGR of 7.78% by 2026. Factors such as rising prevalence of dental disorders, high demand for cosmetic dentistry, and growing dental medical tourism in the developing economies are anticipated to majorly influence the growth.

Dental crowns and bridges are the prosthetic devices used for dental restoration. They are fixed on the damaged tooth with dental cement that helps improve the strength and overall appearance of the tooth. Rising awareness regarding cosmetic dentistry is anticipated to bode well for the overall growth in the near future.

Dental Veneers Market Insights

The global dental veneers market size was valued at USD 2.1 billion in 2021 and is expected to expand at a CAGR of 8.3% during the forecast period. The rapidly increasing demand for cosmetic procedures in dentistry is driving awareness about the products such as dental veneers. The rising occurrence of dental ailments, growing demand for restorative dental procedures, emerging dental tourism worldwide, and growing expendable income in developing countries are some of the key driving factors contributing to market growth. The dental care sector was significantly impacted at the beginning of the COVID-19 pandemic owing to the government-imposed social distancing guidelines.

Go through the table of content of Cosmetic Dental Products Industry Data Book to get a better understanding of the Coverage & Scope of the study

Cosmetic Dental Products Industry Segmentation

Cosmetic Dental Products Industry, By Type

• Teeth Whitening

• Dental Implants

• Dental Crown & Bridges

• Dental Veneer

Cosmetic Dental Products Industry, By Product

• Teeth Whitening

• Dental Implants

• Dental Veneers

Cosmetic Dental Products Industry, By Distribution Channel

• Teeth Whitening

Cosmetic Dental Products Industry, By Material

• Dental Grown & Bridges

Cosmetic Dental Products Industry, By Price

• Dental Grown & Bridges

Cosmetic Dental Products Industry, By End-use

• Dental Veneers

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Unveiling the Growth Potential of Single-use Biomanufacturing in the Pharmaceutical Market 2022 – 2030

Single-use Biomanufacturing Industry | Forecast 2030

Single-use biomanufacturing industry data book is a combination of the market data from four reports namely, single-use bioprocessing, single-use bioreactor, single-use assemblies, and single-use filtration assemblies market. Single use bioprocessing market was valued at USD 19.36 billion in 2021 with a CAGR of 16.6% during 2022-2030. Single-use bioreactor market and Single-use assemblies market are also growing at a CAGR of 17.6% and 18.57% respectively.

Due to several advantages offered by these products over traditional manufacturing components, the adoption and usage of single-use products in industrial manufacturing and processing is growing exponentially. These products are being used in the manufacturing of the end products such as monoclonal antibodies, vaccines, stem cells, genetically modified cells, and other molecules. The combination bundle of these reports is designed to provide a holistic view of these highly dynamic market spaces.

Access the Global Single-use biomanufacturing Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Single-use Bioprocessing Market Insights

The global single-use bioprocessing market was valued at USD 27.94 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 16.24% from 2024 to 2030. The adoption of single-use bioprocessing technology is driven by the growing demand for biopharmaceuticals over the past few years, along with an increase in investments for the development of biologics, such as monoclonal antibodies, vaccines, recombinant proteins, and others. Furthermore, benefits pertaining to the use of single-use technology, such as significant reduction in costs and time required for operations & facility construction have supported the implementation of single-use systems in the bioprocessing sector.

Single-use Bioreactors Market Insights

The global single-use bioreactors market size was valued at USD 3,304.1 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 17.19% from 2023 to 2030. Single-use systems are emerging as an important technology for pharmaceutical and mammalian cell culture applications. They are particularly well suited for biopharmaceutical production, where prevailing market trends call for quick, easy, and flexible deployment.

Order your copy of the Free Sample of “Single-use Biomanufacturing Industry Data Book – Single-Use Bioprocessing, Bioreactor, Assemblies & Filtration Assemblies Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030, published by Grand View Research

Single-use Assemblies Market Insights

The global single-use assemblies market size was valued at USD 12.11 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 18.63% from 2024 to 2030. Single-use (SU) assemblies are preassembled plastic fluid paths and self-contained products. They are built with a combination of various standard components and are usually ready-to-use and gamma-irradiated to ensure sterility. Broadly used industrial products include sampling bottles, filters, tubings, check valves, clamps, sterile connectors, fittings, and seals. The growing biologics market, continuous technological innovations in bioprocessing, increasing biopharmaceutical R&D, and widespread adoption of single-use assemblies by various CMOs are expected to boost the industry growth during the forecast period.

Single-use Filtration Assemblies Market Insights

The global single-use filtration assemblies market size was valued at USD 2,989.7 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 18.70% from 2023 to 2030. The market has seen a surge in popularity as a result of their ability to provide a contamination-free solution to traditional stainless steel systems. These filtration assemblies are made using reinforced hose and welding applications, which eliminates the need for associated validation protocols and sterilization steps. Many biopharmaceutical companies are opting for single-use filtration assemblies for final and bulk fill operations due to the increased importance of maintaining sterile conditions. This has been driven by a growing demand for biopharmaceuticals, low risk of cross-contamination, faster implementation, and an increase in life sciences research and development activities.

Go through the table of content of Single-use Biomanufacturing Industry Data Book to get a better understanding of the Coverage & Scope of the study

Single-use Biomanufacturing Industry Segmentation

Single-use Biomanufacturing Industry, By Product

• Simple & Peripheral Elements

• Apparatus & Plants

• Work Equipment

Single-use Biomanufacturing Industry, By Workflow

• Upstream Bioprocessing

• Fermentation

• Downstream Bioprocessing

Single-use Biomanufacturing Industry, By End-use

• Biopharmaceutical Manufacturers

• Academic & Clinical Research Institutes

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2023-2030 Earthmoving Equipment Market Analysis: Future Outlook

Earthmoving Equipment Industry | Forecast 2030

Earthmoving Equipment Industry Data Book – Excavator, Loader, Motor Grader, Dumper And Dozer Market

Grand View Research’s earthmoving equipment industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Earthmoving equipment demand is anticipated to increase throughout the forecast timeframe owing to the growing urban population demand for leveraging infrastructure facilities. The advent of new products with eco-friendly characteristics and inexpensive maintenance would replace traditional machinery in the next few decades. Furthermore, numerous technical developments make it earthmoving equipment easier to monitor systems in real-time and spot problems. Additionally, rental services are expanding their market share. In order to establish their businesses and bring in revenue from small, medium, and big contractors, local businesses and SMEs probably prefer the rental sector.

Excavator Market Insights

The global excavator market size was estimated at USD 75.85 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. Due to increasing investments in the construction sector mainly from the growing countries such as India, China, and South Korea, the market has experienced significant growth. Global demand for excavators has increased as a result of an increase in the number of major projects in the road and port construction, mining, and oil and gas construction industries. Moreover, technological advancements in excavator design and functionality, such as improved fuel efficiency and enhanced performance, further contribute to their widespread usage and market growth.

In enclosed spaces such as forestry, agriculture, and small-scale construction projects, excavators are employed. The instrument is practical for accelerating construction activities and is built to offer greater operational skills, thus elevating the market growth. For instance, in May 2023 Hitachi Construction Machinery Co., Ltd. launched ZAXIS-7 compact excavators designed to enhance task efficiency on urban work sites. The company also launched ZX75US-7 model that featured an ultra-short-tail swing radius, which allowed access to small spaces. In addition, the ZX85USB-7 model, with its swing boom and ultra-short-tail swing radius, enabled productive excavation near walls and guardrails.

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Loader Market Insights

The global loader market size was valued at USD 16.80 billion in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% from 2020 to 2027. Growing infrastructural developments and large number of construction projects in the developing and emerging countries are contributing to the market growth. The infrastructure developments in such regions are likely to proliferate the demand for construction equipment, such as loaders, which are widely used for moving materials and lifting heavy loads at construction sites. The loaders are used for different kinds of activities including waste handling, material handling, and demolition of buildings and infrastructure. Increasing number of redevelopment projects has increased the prospects for waste handling and the demolition segment, which is expected to boost the demand for loaders.Growing public-private partnerships to implement infrastructure works, increasing residential, commercial, and industrial construction activities, and global economic growth from 2021 onwards are expected to drive the market in future. The loader manufacturers are integrating advanced technology into the equipment machinery. A South Korean manufacturer Doosan is offering an auto shut-down feature that has been implemented to reduce the idle time of the engine, which would prevent the wasted operating time and over-consumption of fuel. The company has also provided loaders with maintenance-free air pre-filter that automatically separates more than 99% of particles that are 20 microns and larger and removes debris extending the air filter life. The manufacturers are focusing on improving the cabin comfort for the operator to drive the sales activity in regions, such as Europe and North America, as operators are the key participants when it comes to the purchasing decision.

Motor Grader Market Insights

The global motor grader market size was valued at USD 3.55 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. An increasing number of commercial, public, and residential construction projects and mining activities worldwide contribute to the uptick in motor grader demand. Favorable government investment in refurbishing existing public infrastructure and authorization to build new infrastructure, such as airports and roadways, is expected to instigate the growth of the motor grader industry within the forecast period. Major players within the motor grader industry landscape are investing in developing mechanically advanced motor graders.

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Industry Segment Forecast 2030

Earth Moving Machinery Industry, By Product

• Excavator

• Loader

• Motor Grader

• Dumper

• Dozer

Earth Moving Machinery Industry, By Vehicle Weight

• Less than 10

• 11 to 45

• More than 46

Earth Moving Machinery Industry, By Engine Capacity

• Upto 250 HP

• 250 – 500 HP

• More than 500 HP

Earth Moving Machinery Industry, By Type

• Wheel

• Crawler

Earth Moving Machinery Industry, By Drive Type

• Electric

• ICE

Earth Moving Machinery Industry, By Application

• Construction

• Material Handling

• Road Construction

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The Future of the White Spirits Market: 2023-2030 Analysis

White Spirits Industry | Forecast 2030

White Spirits Industry Data Book – Vodka, Rum and Gin Market

Grand View Research’s white spirits industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Increasing urbanization in emerging countries such as China and India as well as new product launches in the category are the key growth driving factors in the market. Moreover, rising social acceptance of alcohol consumption has spurred the consumption of spirits in a social environment.

Consumer inclination toward premiumization has facilitated producers with increased margins and revenue growth. The shift toward premium products is supported by the increasing popularity of cocktail culture besides effective marketing efforts by companies.

Prominent players focus on innovative ingredients. For instance, in November 2022, Radico Khaitan launched the Jaisalmer Gold Gin, the second gin in their Jaisalmer range. This gin is crafted in the Himalayas and infused with a blend of 18 botanicals, with 14 of them thoughtfully sourced from various regions of India. It has an alcohol by volume (ABV) of 43% and is available for purchase at select retailers, offering a 500ml bottle for £39.

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Vodka Market Insights

The global vodka market size was valued at USD 25.98 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. The rising demand for vodka can be attributed to the growing consumption of premium vodka-based cocktails in developed economies such as the U.S. and Germany. The growing demand for vodka flavors such as cranberry, lime, and raspberry is augmenting growth. Moreover, offline trading of alcoholic beverages is further anticipated to boost market growth over the forecast period. The growing acceptance of grain-based vodkas with a delicious fruity taste is the major factor driving market growth.

Moreover, a rise in demand for natural and authentic flavors has been observed. The influence of social media and blogging sites is further supporting the growth of the global vodka market. Consumers are now more active on social networking platforms and aware of a variety of flavored vodkas and cocktails. For instance, Tito’s Vodka is marketed as “handcrafted vodka” on the company’s social media account. Likewise, there are many blog posts on the internet that discuss vodka brands under different categories, such as flavored vodka and organic vodka.

Rum Market Insights

The global rum market size was valued at USD 11.77 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Factors such as increasing consumer interest and expanding cocktail culture are expected to drive the industry growth globally. Product innovation and diversificationhave attracted new consumers and provided existing consumers with a wider range of options to choose from. Furthermore, there has been a shift in consumer preferences toward spirits with natural and authentic qualities. Rum, as a product with a rich history and often produced from natural ingredients like sugarcane, appeals to consumers seeking authentic and artisanal products.

The growing curiosity and interest among millennial consumers in the authenticity and quality of alcoholic beverages is driving the market. Craft rum, with its smooth flavor, premium quality, and genuine taste, is particularly popular among consumers. It is often produced on a small scale by producers who actively participate in the production process. Artisan producers promote their drinks by emphasizing the country of origin, age, and organic certifications, which attract greater attention from customers. Consumers are increasingly seeking quality drinks with an interesting story, craft credentials, and origin.

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Table of Contents – Sectoral Outlook Report

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope

1.2. Market Definition

1.3. Information Procurement

1.3.1. Purchased Database

1.3.2. GVR’s Internal Database

1.3.3. Secondary Sources & Third-Party Perspectives

1.3.4. Primary Research

1.4. Information Analysis

1.4.1. Data Analysis Models

1.5. Market Formulation & Data Visualization

1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook

2.2. Segmental Outlook

2.3. Regional Outlook

Chapter 3. White Spirits Market Variables, Trends & Scope

3.1. Market Lineage Outlook

3.2. Industry Value Chain Analysis

3.2.1. Raw Material Trends

3.2.2. Technology Trends

3.2.3. Regulatory Trends

3.3. Market Dynamics

3.3.1. Market Driver Analysis

3.3.2. Market Restraint Analysis

3.3.3. Industry Challenges

3.3.4. Industry Opportunities

3.4. Industry Analysis – Porter’s Five Forces Analysis

3.5. Market Entry Strategies

List of key companies:

Diageo plc
Rémy Cointreau
Bacardi Limited
Pernod Ricard
Beam Suntory, Inc.
Radico Khaitan
Stock Spirits Group
Hite Jinro Co Ltd
Constellation Brands Inc
MIGUEL TORRES SA
Brown‑Forman
Proximo Spirits, Inc.
Distell Limited
Suntory Beverage and & Food Limited
Alberta Distillers, LTD
William Grant & Sons
San Miguel Food and Beverage, Inc.
DESI DARU LTD
AMBER BEVERAGE GROUP
JACOB RIEGER & CO.

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Exploring the Future of the Ammunition Industry 2023-2030

Ammunition Industry | Forecast 2030

Ammunition Industry Data Book – Small Caliber Ammunition, Medium Caliber Ammunition and Large Caliber Ammunition Market

The economic value generated by the ammunition industry was estimated at approximately USD 49.94 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of ammunition materials, distribution & supply, and end-use of ammunition. Developments and enhancement of military capabilities across various countries are anticipated to increase the procurement of small to large-size weapon systems, this is likely to increase the demand for ammunition.

The North America ammunition market is expected to witness significant growth, owing to high demand from the U.S. The defense budget in North America has increased in the recent past which is heavily influencing the regional market. The long-term competitive strategy of the U.S. Department of Defense for the development of technologies and new concepts of warfare is expected to aid the market growth.

Small Caliber Ammunition Market Insights

The global small caliber ammunition market size was valued at USD 12.09 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of – 0.7% from 2022 to 2030. The market is expected to be driven by growing military expenditure and rising hunting as well as sporting activities across the world. The majority of the countries have initiated efforts to expand their military capabilities to counter terrorism and secure their geographical border from rising geopolitical competition. Moreover, some countries are focusing on strengthening their law enforcement agencies to control internal conflicts within the country. These trends are expected to drive the demand for arms and ammunition, thereby bolstering the market growth.

Small caliber bullets accounted for the largest revenue share in the U.S. bullets market n 2021 owing to the increasing utilization of .22LR (long rifle). Furthermore, the U.S. military exhibits the largest demand for 5.56mm caliber bullets for use in M4A1 and M249 weapons, which on average is estimated to be 300 million rounds per year.

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Small & Medium Caliber Ammunition Market Insights

The global small & medium caliber ammunition market size was valued at USD 9.18 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2020 to 2027. Increasing geopolitical tensions and increasing military expenditure are expected to drive market growth over the forecast period. Commercially, the ammunition is available in the market through direct supply or third-party distributors. However, manufacturers can only sell their products to an entity with a federal license that can either be a retailer, wholesaler, or user. Moreover, strict laws and regulations are followed for the trade and different countries have their distinct legislations or the arms act to monitor the same.

The market in India is expected to exhibit high growth over the projected period on account of armed forces development and the adoption of the latest technological weapons. Moreover, ongoing geopolitics with China coupled with the repetitive disputes with Pakistan forces over the borderline is expected to increase product procurement.

Large Caliber Ammunition Market Insights

Large caliber ammunition includes ammunition with 105mm caliber and 120mm caliber. Large caliber cartridges are generally projectiles. These cartridges are designed for long-range tank engagement and are used for anti-armor weapons. Large caliber ammunition can be classified into spin-stabilized, fin-stabilized, and rocket-assisted, which is a combination of spin-stabilized and fin-stabilized. A majority of the guns use spin-stabilized large caliber cartridges as they offer flight stability using spinning, whereas fin-stabilized projectiles obtain stability through the fins located at the end of the projectile. These cartridges are also used for gunnery training in tank-mounted gun cannons.

Russia’s invasion of Ukraine has substantially raised the global security concerns thus opening the growth opportunities for the large caliber ammunition segment. As a result, the large caliber ammunition manufacturers based in the U.S., which is the major hub of munition manufacturing, have ramped up production exponentially, thus positively influencing the target market growth.

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Table of Contents – Sectoral Outlook Report

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

1.3. Information Procurement

1.3.1. Purchased Database

1.3.2. GVR’s Internal Database

1.3.3. Secondary Sources & Third-Party Perspectives

1.3.4. Primary Research

1.4. Information Analysis

1.4.1. Data Analysis Models

1.5. Market Formulation & Data Visualization

1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Industry Snapshot

2.2. Segmental Outlook

2.3. Competitive Outlook

Company Profiles

Northrop Grumman Corporation
FN Herstal
Olin Corporation
General Dynamics Corporation
BAE Systems, Inc.
Rheinmetall Defense
Nexter KNDS Group
Hanwha Corporation
ST Engineering
Remington Arms Company LLC
Vista Outdoor Operations LLC
Chemring Group Plc
MaxamCorp Holding SL
Denel SOC Ltd

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Breaking Barriers: The Future of Blood Glucose Meters Industry 2023-2030

Blood Glucose Meters Industry | Forecast 2030

Blood Glucose Meters Industry Data Book – Point-of-care Glucose Testing Devices, Self-Monitoring & Continuous Blood Glucose Monitors Market

Grand View Research’s blood glucose meters industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Blood Glucose Monitoring Devices Market Insights

The global blood glucose monitoring devices market generated over USD 12.53 billion revenue in 2022 and is projected to expand at a CAGR of around 8.1% during the forecast period to reach USD 23.15 billion by 2030.

The global market for blood glucose monitoring devices is showing major shift towards the preference of continuous glucose monitoring (CGM) devices. Specially designed CGM devices for athletes are expanding the user base beyond chronic diabetes patients. While the CGM devices are gaining traction, its customer base is still limited to the high-income group. Lack of reimbursement policies and affordability are major factors influencing purchase decisions in price sensitive regions including Asia Pacific and the Middle East.

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Point-of-care Glucose Testing Market Insights

POC testing is considered as a solution to meet the requirements of customers for rapid testing or Short Turn-Around Testing (STAT). Currently, internal laboratory procedures are highly automated and efficient and focus on acute treatment. The introduction of analyzers that help conduct short turnaround tests can interact with a Laboratory Information System (LIS). LIS is being increasingly installed in outpatient and inpatient settings, as they are capable of handling testing procedures ranging from specimen collection to result interpretation. These automated systems have proven to improve the turnaround for routine testing.

The healthcare industry is emphasizing on shorter hospital stays, better acute care, and expansion of outlying surgical centers, which has consequently increased the demand for STAT testing. POC management solutions allow patients and healthcare providers to easily collect, share, and manage specimens to meet the regulatory requirements.

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Blood Glucose Meters Industry Segmentation

Blood Glucose Meters By Product

Blood Glucose Monitoring Devices
- Self-Monitoring Devices
  - Blood Glucose meter
  - Testing Strips
  - Lancets
- Continuous blood glucose monitoring devices
  - Sensors
  - Transmitter & Receiver
  - Lancets
Point-of-care glucose testing devices
- Accu Check Aviva Meter
- Onetouch Verio Flex
- i-STAT
- Freestyle Lite
- Bayer CONTOUR Blood Glucose Monitoring System
- True Metrix
- Accu-Chek Inform II
- StatStrip
- Others

Blood Glucose Meters By End-user

Hospital
Home setting
Diagnostic center

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