Aluminum Extrusion Market Analysis On The Basis Of Product, Application, And Region

Aluminum Extrusion Industry Overview

The global aluminum extrusion market size is expected to reach USD 168.88 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.5% over the forecast period. Increasing investments in infrastructure and residential construction are projected to drive market growth during the forecast years. Emerging economies of the Asia Pacific, Central & South America, and Middle East & Africa regions are witnessing increasing investments in the residential and infrastructure sector owing to the rapid urbanization, rising per capita income levels, and growing population. For instance, in the economic budget of FY 2020-21, the Indian government announced around USD 1.41 trillion for infrastructure projects in the country.

The Indian government is set to develop 6,500 projects under its National Infrastructure Pipeline (NIP) over the next five years. In addition to the construction industry, high demand from the automotive & transportation sector is also expected to play a crucial role in boosting the market growth. Product properties, such as flexibility, durability, and corrosion resistance, enable its usage in automotive & transportation applications. This, in turn, is projected to drive the automotive & transportation application segment over the forecast period. In addition, aluminum, being a lightweight material, helps in curbing emissions from automobiles.

Aluminum Extrusion Market Segmentation

Grand View Research has segmented the global aluminum extrusion market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Shapes, Rods & Bars, and Pipes & Tubes.

  • The shapes product segment accounted for the maximum revenue share of more than 79.5% in 2021. Aluminum has excellent malleability, which makes it easy to produce shapes using the extrusion process. Under this process, aluminum billets are heated and forced with ram or hydraulic press with high pressure on steel dies.
  • Rods & bars are widely used in construction activities, especially in the forming of scaffolding systems. These lightweight scaffolding systems offer numerous advantages over traditional systems, in terms of stability, weight, and flexibility.

Based on the Application Insights, the market is segmented into Building & Construction, Automotive & Transportation, Consumer Goods, Electrical & Energy, and Others.

  • The building & construction sector accounted for the largest revenue share of over 60% in 2021. The use of extruded products in construction activities has been greatly influenced by investment in the housing sector. The largest construction sector, in terms of nominal value, is dominated by China.
  • The automotive & transportation sector accounted for the second-largest volume share in 2021 and is expected to grow at a lucrative CAGR during the forecast period. In vehicles, aluminum extrusions have wide applications in cross rails, anti-intrusion beams, fuel distribution pipes, radiator beams, engine mounts, longitudinal beams, seat tracks, underbody space frame rockers, roof rails, and tailgate frames, among others.
  • Consumer goods accounted for the lowest market share in 2021 as the aluminum applications in consumer goods are lesser compared to other sub-segments. However, increasing production of consumer goods is expected to boost the demand for aluminum extrusions for use in furniture, sporting & athletic goods, toys, refrigerators & freezers, and other major appliances during the forecast period.

Aluminum Extrusion Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Most of the market players are focused on the development of lightweight materials for downstream sectors. The players are focused on capturing new contracts from various end-use industries. For instance, recently, China Zhongwang Holdings Ltd. supplied aluminum body parts to urban rail projects in Shanghai, Guangzhou, Xiamen, Hangzhou, Hefei, and Jinhua and Beijing-Zhangjiakou Smart High-speed Rail. The company also grabbed contracts through cooperation with CRRC to supply aluminum extruded train body parts to projects in Thailand and Nigeria. Some of the prominent players in the global aluminum extrusion market include:

  • Hindalco Industries Ltd.
  • Arconic Corp.
  • Norsk Hydro ASA
  • Constellium N.V.
  • Kaiser Aluminum
  • QALEX

Order a free sample PDF of the Aluminum Extrusion Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Global Metal Stamping Market Size Is Expected To Reach USD 310.69 Billion By 2030

Metal Stamping Industry Overview

The global metal stamping market size is expected to reach USD 310.69 billion by 2030, expanding at a CAGR of 4.7% over the forecast period, according to a new report by Grand View Research, Inc. The increasing production of automobiles is anticipated to drive the demand for metal stamping as it is used in the manufacturing of car body panels, transmission components, and interior and exterior structural components. Automobile consumers are shifting their focus towards lightweight vehicles on account of rising concerns about environmental pollution. According to LMC Automotive, U.S. light vehicles sales reached around 14.5 million in 2020 and are expected to reach nearly 15.8 million by 2022. The growing demand for lightweight vehicles is encouraging auto component manufacturers to increase their production capacities and engage in new product developments.

This, in turn, is anticipated to augment market growth over the coming years. Major automobile manufacturers that have in-house component manufacturing facilities are expanding their production capacities to meet the growing demand for automobiles. Moreover, the telecommunications industry is also projected to witness lucrative demand for stamped products owing to the growing investments in 5G technology. For instance, in November 2020, FAIST Precision Suzhou announced its investment in the installation of a new die casting machine, called the FRECH GDK3200T, which will be used to run 5G projects for mass production. In the Asia Pacific, increasing demand for consumer electronics, such as mobile phones, computers, laptops, and headphones, is likely to boost the demand for metal stamping as it is used in manufacturing metal frames, such as metal headbands, which are used in headphones.

Metal Stamping Market Segmentation

Grand View Research has segmented the global metal stamping market on the basis of process, application, and region

Based on the Process Insights, the market is segmented into Blanking, Embossing, Bending, Coining, Flanging, and Others.

  • The blanking segment held the largest revenue share of more than 32.00% in 2021. Blanking is an integral part of manufacturing automobiles on account of its precise and superior stamping ability. The technique involves the use of a die to obtain the desired shape.
  • The growing use of blanking in the automobile industry on account of its ability to cater to mass production lines is expected to augment segment growth over the coming years.
  • Embossing a sheet metal reduces friction, increases stiffness and rigidity, and enhances traction. The bending process refers to pressuring a metal onto a plane surface to provide the desired shape. The bending process is cost-effective when used for low or medium quantities of metals.
  • The bending process is cost-effective when used for low or medium quantities of metals. The bent parts are utilized in several applications, such as wheels, door hinges, and engine assembly, in automobiles. Coining is a cold working process that uses extreme force to plastically deform a metal workpiece such that it conforms to a die.

Based on the Application Insights, the market is segmented into Automotive & Transportation, Industrial Machinery, Consumer Electronics, Aerospace, Electrical & Electronics, Telecommunications, Building & Construction, and Others.

  • The automotive & transportation segment accounted for the maximum revenue share of more than 35.5% in 2021. The automotive industry including passenger vehicles, Light Commercial Vehicles (LCVs), heavy trucks, buses, and coaches use metal stamping parts in manufacturing body panels to maintain safety standards and control end-costs.
  • The industrial machinery segment is expected to witness significant growth over the coming years on account of the growing industrialization in the developing and emerging economies, such as India, China, Brazil, and South Africa.
  • The developments in the agricultural industry are anticipated to boost market growth over the forecast period. In telecommunications, metal parts are used in the manufacturing of antennas and the outer body of telecom products.

Metal Stamping Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The global market is extremely competitive with the presence of numerous small- and large-scale players in the industry. The local players compete with the companies catering at the global level based on services and customized products. The local players can provide personalized customization services to their clients as well as possess the capability of providing standardized products to the major industrial machinery producers, automotive OEMs, and consumer electronics manufacturers.

The market players of the industry faced losses and had to suspend their operating lines during the COVID-19 pandemic. Post ease in restrictions, the companies had to incorporate special safety protocols in the facilities as per government norms for ensuring employee safety. For example, in May 2020, Ford Motor Company had to pause its production at its Chicago Stamping Plant to complete enhanced cleaning and follow safety protocols for COVID-19. Some of the prominent players in the global metal stamping market are:

  • Acro Metal Stamping
  • Manor Tool & Manufacturing Company
  • D&H Industries, Inc.
  • Kenmode, Inc.
  • Klesk Metal Stamping Co
  • Clow Stamping Company
  • Goshen Stamping Company
  • Tempco Manufacturing Company, Inc
  • Interplex Holdings Pte. Ltd.
  • CAPARO
  • Nissan Motor Co., Ltd
  • AAPICO Hitech Public Company Limited
  • Gestamp
  • Ford Motor Company

Order a free sample PDF of the Metal Stamping Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

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What Are The Controlled Release Drug Delivery Market Trends And Forecasts By 2030?

Controlled Release Drug Delivery Industry Overview

The global controlled release drug delivery market size is estimated to reach USD 110.13 billion by 2030, registering a CAGR of 10.5%, according to a new report by Grand View Research, Inc. The benefits associated with controlled release drug delivery systems such as increased therapeutic efficacy, fewer side effects, and low treatment cost are the factors driving the growth of the market during the forecast period. These technologies offer various benefits over traditional delivery forms. Reduced dosage and dosage frequency, enhanced patient compliance, less gastrointestinal side effects, uniform drug effect, improved drug efficacy and safety, and reduced fluctuation of plasma drug levels are some of the major advantages offered by controlled release technology.

The presence of multiple in-vivo biological barriers that affect the absorption, bioavailability, and stability of the drug has opened a wide horizon for controlled release drug delivery products. For instance, a controlled release drug delivery system has enabled the delivery of even large and complex molecules such as DNA/RNA, proteins, and polypeptides. Additionally, the rising awareness among healthcare professionals, regarding the advantage of controlled release drug delivery systems over conventional systems is expected to drive the demand for the market in long run.


Controlled Release Drug Delivery Market Segmentation

Grand View Research has segmented the global controlled release drug delivery market on the basis of technology, release mechanism, application, and region:

Based on the Technology Insights, the market is segmented into Wurster Technique, Coacervation, Micro Encapsulation, Implants, Transdermal, Targeted Delivery, and Others (Microelectromechanical Technology, Liposomes).

  • The rising demand to improve the shelf-life and achieve controlled drug release of highly complex and unstable molecules such as proteins, vitamins, and antioxidants is expected to foster the growth of the microencapsulation segment over the forecast period.
  • Targeted delivery held the largest market share of more than 23.0% in 2021 as a large number of market participants have a strong portfolio for the technology. Targeted delivery offers the preferred site of action and can aid in allowing drugs to be away from sites that might lead to drug toxicity.
  • Implantable systems provide improved efficiency, reduced side effects, convenience, and ensure linear delivery of drugs over a specified period. Coacervates represent a novel class of drug delivery vehicles, developed as carriers of small molecule drugs and proteins. These include heparin-based coacervates holding synthetic polycations for controlled delivery of growth factors.

Based on the Release Mechanism Insights, the market is segmented into Polymer Based Systems, Micro Reservoir Partition Controlled Drug Delivery Systems, Feedback Regulated Drug Delivery Systems, Activation-modulated Drug Delivery, and Systems Chemically Activated.

  • The feedback-regulated drug delivery systems accounted for a large share of 26.3% in 2021 owing to their therapeutic efficiency in the treatment of disorders such as diabetes. Additionally, the increasing R&D activities being conducted to capitalize on the potential of feedback-regulated controlled drug delivery systems as antidotes are expected to aid the market growth.
  • In the recent past, chemically activated delivery systems have gained tremendous popularity. Market players are also investing in the segment in order to strengthen their portfolios. For instance, LYRICA Pregabalin and QuilliChew ER chewable tablets, marketed by Pfizer, Inc., are chemically activated delivery systems that offer controlled release. The segment is projected to represent a sizeable share in the market throughout the forecast horizon.

Based on the Application Insights, the market is segmented into Metered Dose Inhalers, Injectable, Transdermal and Ocular Patches, Infusion Pumps, Oral Controlled-drug delivery Systems, and Drug Eluting Stents.

  • The oral controlled segment was the leading revenue contributor in 2021 with a share of more than 36.4% owing to its frequent usage and availability. Metered dose inhaler is another lucrative segment that is expected to grow at a significant rate over the forecast period.
  • The injectable segment is projected to grow at the fastest pace during the forecast period owing to wide product diversity and usage in the treatment of various diseases. Long-acting injectables are preferred to conventional forms of delivery as they offer several advantages, including predictable drug release profile during a definite period of time, enhanced patient compliance, improved systemic availability of drugs, ease of application, and thus an overall reduction in medical costs incurred.

Controlled Release Drug Delivery Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Various companies make use of a wide range of technologies that ensure controlled release. Major pharmaceutical companies are also indulged in implementing controlled release to increase consumer base and product penetration. Thus, the market consists of various players facing intense competition from other players and new entrants. In addition, key participants are indulged in mergers and acquisitions to expand their existing product portfolios. For instance, in January 2016, Capsugel announced the completion of the acquisition of Xcelience and Powdersize, which aided the company to expand its existing resources with respect to its dosage form solutions business segment.

The market is highly fragmented as several developers are engaged in the development of drugs that cater to specific patient requirements. Major players are also engaged in the development of novel controlled release drug delivery technologies. For instance, in October 2015, Capsugel announced the launch of enTRinsic drug delivery technology that provides complete enteric protection along with targeted release into the upper gastrointestinal tract for a variety of compounds.

Some of the prominent players in the global controlled release drug delivery market include:

  • Orbis Biosciences, Inc.
  • Merck and Co., Inc.
  • Alkermes plc
  • Johnson and Johnson
  • Coating Place, Inc.
  • Corium International, Inc.
  • Depomed, Inc.
  • Pfizer, Inc.
  • Aradigm Corporation
  • Capsugel

Order a free sample PDF of the Controlled Release Drug Delivery Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Industrial Hemp Market: Personal Care Industry Is Anticipated To Grow At The Fastest CAGR From 2022 To 2030

Industrial Hemp Industry Overview

The global industrial hemp market size is expected to reach USD 16.75 billion by 2030, registering a CAGR of 16.8% over the forecast period, according to a new report by Grand View Research, Inc. The rising product demand from industries, such as agriculture, textiles, personal care, recycling, furniture, food & beverage, paper, and construction materials, is projected to propel market growth. Hemp is increasingly being used in medicinal products and nutritional supplements. The high nutritional values and beneficial fatty acid and protein profile of hemp are driving the demand for hemp products in the market. In addition, hemp oil is used in shampoos, soaps, lotions, bath gels, and other cosmetics, further benefiting the industry growth.

The strength to weight ratio, high tensile strength, and flexural strength of industrial hemp offer desired benefits in bio-composites for automotive parts, fiberboard, aerospace, and packaging. Furthermore, the product demand from the textile, paper, and building materials markets is growing on account of its favorable acoustic and aesthetic properties. The rising demand for eco-friendly products in construction materials, fiberglass alternatives, thermal insulation, and automotive products is expected to promote market growth. The growing demand for technical products, such as varnishes, oil paints, fuel, solvents, chain-saw lubricants, printing inks, putty, and coatings, is expected to have a positive impact on the market growth.

Industrial Hemp Market Segmentation

Grand View Research has segmented the global industrial hemp market report on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Seeds, Fiber, and Shivs.

  • The seeds product segment is estimated to register the fastest CAGR of more than 20% from 2022 to 2030. The hemp seeds are gaining popularity in the food and nutraceutical markets. The rising product usage in lotions, shampoos, soaps, bath gels, and cosmetics further benefits the segment growth.
  • Hemp seeds are also used in the production of oil, which is consumed in the personal care, food & beverages, and animal feed industries. In addition, the oil is used in nutritional supplements and medicinal & therapeutic products, such as pharmaceuticals.
  • The fibers segment led the global market in 2021 and is estimated to expand further maintaining its dominant position throughout the forecast period.

Based on the Application Insights, the market is segmented into Animal Care, Textiles, Automotive, Furniture, Food & Beverages, Paper, Construction Materials, Personal Care, and Others.

  • The textile application segment led the market and accounted for more than 24% share of the global revenue in 2021. Hemp fabric is strong, hypo-allergic, and naturally resistant to UV light, mold, and mildew, which represents an added advantage over other fabrics In addition, it can be blended with cotton or linen, which adds stretch and strength to the fabric.
  • Hemp oil is widely used in the manufacturing of food & beverages on account of its high nutritional content, including fatty acids, proteins, and several other ingredients. Several food manufacturing processes make use of hemp seeds and oil, which is expected to propel market growth.

Industrial Hemp Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Players involved in the market produce large quantities and high-quality products along with a wide range of variants, in terms of, seed size and oil composition. Potential yields and processing methods, technologies used for processing, along with the cost of production and returns, play a major role in driving the competition in the market. Market players are also focusing on increasing product cultivation and processing facilities in economies where the plant can be grown legally. Major industry players are investing heavily in R&D activities to achieve high yields from the cultivation. These players offer diverse varieties of hemp-derived products and have the ability to penetrate large markets.

Some prominent players in the global industrial hemp market include:

  • Parkland Industrial Hemp Growers Cooperative Ltd.
  • CBD Biotechnology Co.
  • Botanical Genetics, LLC
  • Marijuana Company of America, Inc.
  • HempMedsBrasil
  • Terra Tech Corp.
  • American Cannabis Company, Inc.
  • HempFlax B.V.
  • Industrial Hemp Manufacturing, LLC
  • American Hemp
  • Hemp, Inc.
  • Boring Hemp Company
  • Plains Industrial Hemp Processing Ltd.
  • Ecofiber Industries Operations
  • Valley Bio Ltd.

Order a free sample PDF of the Industrial Hemp Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Organic Personal Care Market Players: Bare Escentuals Beauty, Inc, Arbonne International LLC, And Neutrogena Corporation

Organic Personal Care Industry Overview

The global organic personal care market size is expected to reach USD 42.19 billion by 2030, registering a CAGR of 9.1% over the forecast period, according to a new report by Grand View Research, Inc. Organic products are gaining traction among a growing number of consumers, driven by the rising environmental awareness globally. Usage of organically-sourced ingredients in product formulations is anticipated to surge in the next few years as per the trends observed in skincare product consumption. Demand for products free from synthetic fragrances, preservatives, parabens, petrochemicals, and harsh cleaners, such as sodium lauryl sulfate has been on the rise over the past few years.

Numerous market players are involved in manufacturing a variety of organic personal care products such as sunscreens, body lotions, shampoos, scrubs, anti-aging creams, make-up removers, masks and exfoliators, and eye care products, lip care products, BB creams, face oils, and cleansers/toners. The skin care segment held the largest revenue share in 2021 and is expected to maintain dominance during the forecast period. Skin problems, such as acne and dryness, are common among consumers globally. Owing to this, the brands are offering organic products with active ingredients to address skin issues. Some of the brands in this category are Annmarie, Amala, True Botanicals, and Made Simple.

Organic Personal Care Market Segmentation

Grand View Research has segmented the global organic personal care market on the basis of product, distribution channel, and region.

Based on the Product Insights, the market is segmented into Skin Care, Hair Care, Oral Care, and Others.

  • The skin care segment held the largest market share of 50.8% in 2021 and is expected to maintain dominance during the forecast period. The rising skin concerns, such as dry and aging skin, are driving product demand. Product launches by regional and international brands in this segment are likely to benefit the overall market growth.
  • The oral caresegment is projected to register the fastest growth during the forecast period with a CAGR of 10.5% from 2022 to 2030. Owing to the rising consumer focus on dental health and wellness, people of all ages are opting for such products.

Based on the Distribution Channel Insights, the market is segmented into Hypermarket/Supermarket, Pharmacy & Drug Stores, E-Commerce, and Others.

  • Hypermarket/supermarkets was the largest distribution channel segment with a revenue share of more than 43.5% in 2021. With an increased inclination of consumers toward the organic beauty products regime, many brands are expanding their offerings to hypermarkets/supermarkets.
  • Benefits offered by the online channels, such as shopping from anywhere globally, doorstep delivery, free shipping, and discounts, are attracting consumers to opt for this channel. In addition, the increasing familiarity and rising dependence of millennials & generation Z on the internet are expected to drive product sales through distribution channels.
  • The brand would offer exclusive new sizes of its Certified Organic Witch Hazel Facial Toners (8.5 oz) and Facial Mists (4 oz) at the retailer. The e-commerce distribution channel segment is anticipated to register the fastest CAGR from 2022 to 2030.

Organic Personal Care Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The market is still developing with more scope for growth in the near future, where new entrants and established players are launching innovative products to suffice the increasing demand for sustainable skin care products across the globe. For example, in June 2021, SO’BiO étic, a beauty brand in France, launched its chemical-free beauty product line in the U.S. The new product range includes a hydrating day cream, organic brightening moisturizing cream, tone correcting serum, and organic cleansing foam. In April 2021, Lacaille Beauty launched its website and natural organic hair care product collection.

The product range includes a deep conditioner, fortifying leave-in conditioner, hair repositor, vitamin boost hair primer, and anti-frizz and shine curl forming custard cream made using natural organic ingredients, such as avocado and honey with coconut and organic essential oils. In December 2020, Henkel Beauty Care announced the launch of several product innovations in 2021 for organic brand NAE, Diadermine skin care products, and Schwarzkopf hair dyes.

Some of the key players operating in the global organic personal care market include:

  • Aveda Corporation
  • Burt’s Bees
  • The Estée Lauder Companies Inc.
  • The Hain Celestial Group
  • Amway Corporation
  • Bare Escentuals Beauty, Inc.
  • Arbonne International LLC
  • Neutrogena Corporation
  • The Body Shop International PLC
  • Yves Rocher SA

Order a free sample PDF of the Organic Personal Care Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Global Eclinical Solutions Market Size Is Expected To Reach USD 21.8 Billion By 2030

eClinical Solutions Industry Overview

The global eClinical solutions market size is expected to reach USD 21.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.6% from 2022 to 2030. Increasing R&D activities by biopharma and pharma companies, application of software solutions in clinical trials, and expanding customer base are anticipated to fuel market growth. During the COVID-19 pandemic, clinical laboratories experienced high demand for COVID-19 tests. eClinical solutions, such as the clinical data management systems assisted these laboratories to seamlessly manage the huge influx of specimens daily. Technological advancements such as electronic data capture and Wi-Fi connectivity are projected to drive the market in the forthcoming years.

As the demand for tracking and analyzing clinical data increases, the need for effective clinical solutions rises. Unmet needs to manage efficient clinical development processes are poised to boost market growth over the forecast period. Moreover, digital transformation in the field of clinical trials and preference for data-centric approaches are providing a tremendous push to the market. Demand for integrated clinical IT solutions is increasing due to the massive volume of data generated during clinical development processes. eClinical solutions offer a single source of information that helps optimize the cost by eliminating redundant data entry and by reducing on-site verification and source data verification. Rising awareness regarding these advantages is projected to propel the market.


eClinical Solutions Market Segmentation

Grand View Research has segmented the global eClinical solutions market on the basis of product, delivery mode, development phase, end-use, and region:

Based on the Printer Product Insights, the market is segmented into Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS), Clinical Trial Management Systems (CTMS), Clinical Analytics Platforms, Randomization and Trial Supply Management (RTSM) Clinical Data Integration Platforms, Electronic Clinical Outcome Assessment (eCOA), Safety Solutions, and Electronic Trial Master File (eTMF).

  • The CTMS segment dominated the market for eClinical solutions and accounted for the largest revenue share of over 21.0% in 2021. eCOA is estimated to be the fastest-growing segment during the forecast period owing to the rising significance of high-quality clinical data. eCOA facilitates the preservation of overall quality and is being increasingly incorporated in the measurement of patient-reported, clinician-reported, and observer-reported
  • Soaring need for patient compliance is further pushing the usage of eCOA solutions, which can effectively meet challenges posed by paper-based records. Elimination of data variance risk streamlined information and lowering of site monitoring cost are key advantages associated with eCOA. These aforementioned benefits are expected to fuel its demand in the coming years.

Based on the Printer Delivery Mode Insights, the market is segmented into Web-hosted (On-Demand), Licensed Enterprise (On-premise), and Cloud-based.

  • The web-hosted segment dominated the market for eClinical solutions and accounted for the largest revenue share of over 74.0% in 2021. The dominance of the segment can be attributed to associated benefits such as easy accessibility, usability, and lower investments required.
  • The cloud-based segment is anticipated to exhibit an exponential CAGR of 15.1% during the forecast period owing to integrated features such as flexibility, high accessibility, negligible handling costs, and easy data backup. Real-time data is available through these systems, which enables users to take quick decisions and provide high-quality information for risk-based monitoring.

Based on the Printer Development Phase Insights, the market is segmented into Phase I, Phase II, Phase III, and Phase IV.

  • The phase III segment dominated the eClinical solutions market and accounted for the largest revenue share of over 53.0% in 2021. Spiraling needs for incorporation of clinical data management software to curb overall cost and improve process efficiency is contributing to the growth of the segment.
  • The phase I segment is estimated to be the most promising segment during the forecast period owing to the high significance of these systems to predict future outcomes and eliminate drug candidates possessing the least probability of success. Developments in biological modeling systems and personalized medicinetechnologies are leading to a boom in the development of newer drugs.

Based on the Printer End-use Insights, the market is segmented into Hospitals/Healthcare providers, CROs, Academic Institutes, Pharma & Biotech Organizations, and Medical Device Manufacturers.

  • The CROs segment dominated the market for eClinical solutions and held the largest revenue share of over 36% in 2021. The segment is projected to rise at a remarkable CAGR during the forecast period owing to the growing inclination of pharmaceutical companies to reduce overall expenditure.
  • The pharma and biotech organizations segment is expected to witness significant growth over the forecast period. This is attributed to the increasing adoption of eClinical solutions by researchers that provide improved clinical trials and streamlined research workload.

eClinical Solutions Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The key players are involved in various growth strategies such as new product development, mergers and acquisitions, and collaborations, which are helping them consolidate their position in the market. In January 2021, Parexel International Corporation collaborated with Signify Health for offering new solutions to their customers for enabling access to a more diverse and traditionally underrepresented population for their clinical trials. Furthermore, in December 2020, ERT and Bioclinica announced their merger. The merger is aimed at making ERT and Bioclinica leaders in clinical trial endpoint technology.

Some of the prominent players in the eClinical solutions market include:

  • Datatrak International, Inc.
  • Oracle
  • Parexel International Corporation
  • Dassault Systemes
  • Bioclinica
  • CRF Health
  • ERT Clinical
  • eClinicalWorks
  • IBM Watson Health
  • Anju Life Sciences Software
  • eClinical Solutions

Order a free sample PDF of the eClinical Solutions Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Medical Injection Molding Market Is Predicted To Witness Growth In The Coming Years

Medical Injection Molding Industry Overview

The global medical injection molding market size is anticipated to reach USD 33.28 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to advance at a CAGR of 5.7% from 2022 to 2030. The global industry is primarily driven by the increased adoption of plastics in several healthcare products, coupled with rapid technological advancements in the medical sector.

With the advent of the COVID-19 pandemic, the injection molding industry has witnessed an uptick, particularly in the medical field, where it can provide accuracy, a wide range of operations, repeatability, and cleanliness. In addition, it provides cost-effective and efficient ways for producing high-volume parts and products.

In recent years, the industry for medical injection molding has seen a boom with regard to the manufacturing processes of complicated healthcare products. Players are incorporating Industry 4.0 into their processes to optimize their raw material requirements, reduce costs, and increase automation, flexibility, & efficiency, among other things.


Medical Injection Molding Market Segmentation

Grand View Research has segmented the global medical injection molding market based on product, system, material, and region:

Based on the Printer Product Insights, the market is segmented into Medical equipment components, Consumables, Patient Aids, Orthopedics Instruments, Dental Products, and Others.

  • The medical equipment components segment led the market and accounted for around 34.9% of the global revenue share in 2021. Pharmaceutical companies having a presence in the United States include 3M Health Care Business, Johnson & Johnson, Abbott Laboratories, and Pfizer Inc.
  • The dental products market is likely to grow at a CAGR of 6.8% during the projection period. Medical injection molding of dental products offers advantages for designs of complex geometry, precision, and production in large-scale series of implants with high performance.
  • The increasing geriatric population globally that is suffering from oral diseases, demand for medical tourismrelating to dental treatment, and the launch of multiple initiatives for oral health care for the public by the government, are few of the growth enablers for the industry. 

Based on the Printer System Insights, the market is segmented into Hot Runner, and Cold Runner.

  • Hot runner systems led the medical injection molding market and accounted for more than 57.8% of the global revenue share in 2020. The growth is attributed to various advantages of these systems, such as faster cycle time and lower pressure required to drive the molten mixture into the mold cavity, elimination of waste due to the elimination of runners, the housing of larger parts with greater volume of production, and an increase in the uniformity & quality of parts.
  • The cold runner system market is likely to advance at a CAGR of 5.4% during the forecast period. The use of a cold runner system is based on its benefits such as ease of maintenance and cost-effectiveness; it is suited for a wide range of polymers. This technology is a viable choice because it produces higher-quality parts.

Based on the Printer Material Insights, the market is segmented into Plastics, Metals, and Others.

  • The plasticsmaterial segment led the industry and accounted for 98.8% of the global revenue share in 2020. Plastic injection molding is a viable approach for producing complex medical products. Medical-grade injection-molded goods are in high demand because they are long-lasting, inherently resistant to pollutants and chemicals, and provide economies of scale to major manufacturing companies.
  • The demand for metals in the manufacturing process is likely to grow at a CAGR of 8.2% during the forecast period. Metal injection molding is an excellent method for producing delicate, tiny, and precision metal components for the medical industry. The metal injection molding process employs both thermoplastic and powder metallurgy injection molding.

Medical Injection Molding Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Due to the presence of both international and local producers, the global MIM market is quite competitive. To increase market penetration and fulfill changing technological demands in the medical business, global manufacturers use a variety of methods such as acquisitions, collaborations, new product development, and geographic growth.

In February 2020, HTI Plastics added new Haas VF-3SSYT Vertical mills, thereby enhancing its lineup in CNC machinery, along with gaining the ability to perform greater detailed work with increased precision at a fast pace. This investment helped the company in increasing setup time, thereby boosting the turnaround on finished components.

Some prominent players in the medical injection molding market include:

  • C&J INDUSTRIES
  • All-Plastics
  • Biomerics
  • HTI Plastics
  • The Rodon Group
  • EVCO Plastics
  • Majors Plastics, Inc
  • Proto Labs, Inc
  • Tessy Plastics
  • Currier Plastics, Inc.
  • Formplast GmbH
  • H&K Müller GmbH & Co. KG
  • Hehnke GmbH & Co KG
  • TR PLAST GROUP
  • D&M Plastics, LLC

Order a free sample PDF of the Medical Injection Molding Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Interactive Kiosk Market Is Growing Demand And Analysis By 2030

Interactive Kiosk Industry Overview

The global interactive kiosk market size is expected to reach USD 52.74 billion by 2030, registering a CAGR of 7.1% over the forecast period, according to a new study conducted by Grand View Research, Inc. Increasing consumer involvement in the purchase process and an extensive focus on customized service delivery by industry players are the major factors driving the adoption of interactive kiosks. The geographical expansion and service enhancement using interactive kiosks enable companies to offer convenient, swift, and hassle-free service to customers with enhanced safety and security. The North American regional market dominated the global market in 2021.

The region’s growth can be attributed to incumbents of the retail and BFSI verticals, who continue to deploy interactive kiosks as part of their efforts to enhance the consumer experience. However, the Asia Pacific regional market is expected to register the fastest CAGR over the forecast period as the retail, hospitality, BFSI, and healthcare verticals continue to grow. Incumbents of these industries continue to emphasize customer engagement. Based on end uses, the market has been further segmented into BFSI, retail, food & beverage, healthcare, government, travel & tourism, and others. Manufacturers have developed multiple self-service kiosks solutions for segments, such as travel & tourism, and healthcare.

Interactive Kiosk Market Segmentation

Grand View Research has segmented the global interactive kiosk market based on component, type, end-use, and region:

Based on the Component Insights, the market is segmented into Hardware, Software, and Service.

  • The hardware segment led the market and accounted for more than 45.0% share of the global revenue in 2021. The hardware segment includes kiosk equipment, such as displays, printers, and others. Enclosures, card readers, scanners, motion sensors, physical keyboards, touchpads, bill acceptors & recyclers are covered under the others segment.
  • The software segment includes Windows, Android, Linux, and others. Windows accounted for the largest market share while Android is expected to grow at the fastest CAGR over the forecast period. The adoption and integration of interactive self-service kiosks in product/service delivery will result in a reduction of associated delivery costs.

Based on the Type Insights, the market is segmented into Automated Teller Machines (ATMs), Retail Self-Checkout, Self-Service, and Vending.

  • The Automated Teller Machines(ATMs) segment led the market and accounted for the highest revenue share of more than 49.5% in 2021. Digital transformation initiatives and growing ICT spending are expected to spur the demand for ATMs in the market.
  • Customer satisfaction is of paramount importance in the retail industry. Hence, the industry is rolling out self-checkout kiosks to improve customer engagement & employee efficiency and reduce operational costs. These days, customers expect convenient and faster service without waiting in long queues or traveling long distances.

Based on the End-use Insights, the market is segmented into BFSI, Retail, Food & Beverage, Healthcare, Government, Travel & Tourism, and Others.

  • The BFSI segment led the market and accounted for more than 51.0% share of the global revenue in 2021. Increasing demand for self-service technology in the BFSI segment is expected to propel the segment’s growth. The interactive kiosk has applications in almost every business sector, from retail, BFSI, government, healthcare, and education to entertainment.
  • In the tourism and transport sector, it offers way finding and directory solutions to locate the address and guide tourists. It also includes a parking ticketing and management system. Continuous technological development increases the application scope and provides opportunities in multiple sectors.
  • The smart technology of the magic mirror is grabbing the attention of fashion retail customers. Kiosks help inpatient management and telemedicine. Over the forecast period, the retail and BFSI segments will continue to be the largest end-users offering a wide range of self-directed service solutions for enhanced customer experience.

Interactive Kiosk Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The market is characterized by the presence of a few players accounting for significant industry share. New product launches and technology partnerships are some of the major strategies adopted by key companies to strengthen their market position. Key industry players are also heavily investing in research & development projects and focusing on establishing production infrastructure to develop and offer differentiated and cost-effective self-service solutions. The Meridian, Advanced Kiosk, and Kiosk Information System have a strong market presence due to the availability of a strong R&D department and production facilities. The companies mainly focus on product innovation and effective distribution through a strong network of partners in multiple countries, such as the U.S., Germany, India, and Brazil.

Some of the key players in the global interactive kiosk market include:

  • NCR Corp.
  • Diebold Nixdorf AG
  • ZEBRA Technologies Corp.
  • Advanced Kiosks
  • Embross Group
  • GRGBanking
  • IER SAS

Order a free sample PDF of the Interactive Kiosk Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Third-Party Logistics Market: CEVA Logistics, DSV, DB Schenker Logistics, And Fedex

Third-party Logistics Industry Overview

The global third-party logistics market size is expected to reach USD 1,998.73 billion by 2030, registering a CAGR of 8.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. The advent of new technologies is changing the 3PL industry dynamics. The advanced data collection capabilities, warehouse automation, and digitalization of the entire supply chain are enabling companies to adopt a consistent innovative, customer-centric, and agile approach. As a result, 3PL companies are providing technologically driven services by investing in blockchain solutions, mobile technologies, and 3PL software to gain a competitive advantage in a fiercely competitive marketplace.

The Internet of Things (IoT) and cloud-based logistics management solution turn the data into actionable value-added information, which can shape the strategic decision-making process and increase productivity. Some of the capital-intensive organizations are increasing their Information Technology (IT) spending and are using predictive analytics for supply chain enhancement. For instance, C.H. Robinson Worldwide, Inc. is using Artificial Intelligence (AI) technology to analyze customer data and get notified about extreme weather conditions or traffic disruption. Logistics automation is expected to play a vital role in the growth of the market. The use of robots in warehouses and unloading docks helps streamline order fulfillment services.


Third-party Logistics
Market Segmentation

Grand View Research has segmented the global third-party logistics market on the basis of service, transport, end use, and region:

Based on the Service Insights, the market is segmented into Dedicated Contract Carriage (DCC)/Freight forwarding, Domestic Transportation Management (DTM), International Transportation Management (ITM), Warehousing & Distribution (W&D), and Value-Added Logistics Services (VALs).

  • The Domestic Transportation Management (DTM) segment held the largest market share of 32.51% in 2021. DTM services are performed in conjunction with freight brokers, which deal with shipment origin to their destination. The increasing trade movement among the unloading docks to a warehouse, escalating carrier rates, a surge in cross-docking services, and rising fuel surcharge are driving the growth of the DTM segment.
  • Trade liberalization policies and cross-border logistics activities have increased international trade, thereby propelling the segment growth. Free Trade Agreements (FTAs) are driving the demand for international transportation. The African Continental Free Trade Area (AfCFTA) and Progressive Trans-Pacific Partnership (CPTPP) are the two recent examples of rising multilateral free-trade agreements.

Based on the Transport Insights, the market is segmented into Roadways, Railways, Waterways, and Airways.

  • The roadways segment dominated the market in 2021 with a revenue share of more than 58%. The growing public-private partnerships model and increased emphasis on logistics infrastructure are expected to drive the growth of the roadways segment over the forecast period.
  • The airways transport segment is expected to register the fastest growth rate over the forecast period. The recent coronavirus outbreak has put a restriction on the global air freight trade resulting in a massive drop in the air uplift capacity, thereby increasing the carrier rates.
  • Some companies, such as CEVA Logistics, have started the medical relief cargo charters for emergency shipments, such as PPE kits, facial masks, gloves, hands sanitizers, disposable gowns, respirators, ventilators, and other COVID-19 relief equipment and supplies.


Based on the End-use Insights, the market is segmented into Manufacturing, Retail, Healthcare, Automotive, and Others.

  • The manufacturing segment accounted for the largest revenue share of more than 24.5% in 2021. Manufacturing and logistics go hand in hand as the industry has a complex supply chain process. The manufacturing sector involves the procurement of raw materials and other parts from different resources across the regions.
  • The retail sector is expected to emerge as the fastest-growing segment over the forecast period. Logistics is the backbone of the modern retail industry playing a crucial role in same-day delivery and fulfillment capabilities.

Third-party Logistics Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The companies are stressing on providing technology-driven services, such as route optimization and real-time shipment tracking. The companies are also trying to maintain complete visibility over the entire supply chain without overburdening the clients. The strengthening of shipper-carrier relationships increases information sharing and transparency among both parties, creating a favorable business environment. The market is witnessing strong M&A activities over the last several years. Key companies are also engaging in partnerships, mergers, and acquisitions with small- and medium-sized companies to leverage their regional capabilities.

Key companies are sub-contracting logistics services to local players to maintain a high-profit margin and low overhead costs. For instance, in November 2019, Universal Logistics Holdings, Inc. announced the acquisition of Roadrunner Intermodal Services, LLC stretching its logistics capabilities across North America. In August 2019, DSV acquired PanalpinaWelttransport Holding AG, a Switzerland-based logistics group. The company is leveraging Panalpina’s proficiency in the freight forwarding and brokerage service and giving fierce competition to the leading logistics companies. Some prominent players in the global third-party logistics market include:

  • BDP International
  • Burris Logistics
  • H. Robinson Worldwide, Inc.
  • CEVA Logistics
  • DSV
  • DB Schenker Logistics
  • FedEx
  • B. Hunt Transport, Inc.
  • Kuehne + Nagel
  • Nippon Express
  • United Parcel Service of America, Inc.
  • XPO Logistics, Inc.
  • Yusen Logistics Co. Ltd.

Order a free sample PDF of the Third-party Logistics Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Filters Market Is Expected To Drive The Segment Growth By 2030

Filters Industry Overview

The global filters market size is expected to reach USD 112.87 billion by 2030, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand from the automobile industry for the reduction of emission levels, owing to the regulations by several agencies, such as the U.S. Environment Protection Agency (EPA) and the Department of Energy, is expected to drive the market over the forecast period. The market is expected to witness significant growth owing to the rapid growth in the water and wastewater treatment industry. The governments across various developing countries are emphasizing the development of their water treatment infrastructures to provide safe water to their citizens for various purposes, such as drinking, sanitation, and cooking.

Filters Market Segmentation

Grand View Research has segmented the global filters market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Fluid Filters, ICE Filters, and Air Filters.

  • The air filters product segment is expected to witness the fastest CAGR from 2022 to 2030 owing to the rising focus of governments on the reduction of pollutants from vehicle emissions.
  • The ICE filters product segment led the market in 2021 and accounted for the maximum revenue share of more than 42%. This high share was credited to the rapid growth in the automobile industry as ICE filters are widely used in automobiles to improve fuel efficiency. The implementation of environmental regulations, such as the Kyoto Protocol, Euro 5, and Euro 6 to control the release of harmful emissions, is expected to drive the segment further.
  • The rising adoption of air purifiers in recent times is expected to fuel the demand for using cabin air filters that help in removing pollen & allergens from the air in homes, offices, aircraft, and train compartments.

Based on the Application Insights, the market is segmented into Motor Vehicle, Consumers Goods, Utilities, Industrial & Manufacturing, and Others.

  • The motor vehicles segment led the market in 2021 and accounted for more than 45% of the global revenue share. The increasing automotive production, primarily in countries, such as China, Indonesia, South Korea, Japan, Malaysia, and Taiwan, supports the segment growth.
  • The manufacturing of portable air purifiers by several companies, such as Dyson and Philips, is expected to drive the consumer goods segment. The demand for filters in the industrial & manufacturing segment is expected to be driven by the well-established industrial setup in Europe and North America coupled with stringent regulations in these regions regarding emission from these facilities.
  • Rapid industrialization in developing countries, such as India, South Africa, Brazil, Thailand, and Indonesia, is expected to drive the market. Other major application industries include pharmaceutical manufacturing and wine production.

Filters Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The companies are involved in the development of new sustainable products and solutions offering improved efficiency and better value to the customers. The companies are also trying to increase their sales through acquisitions, investments, and innovation. They are expanding their production capacities to facilitate the respective markets. The market is competitive due to the presence of several major companies and is characterized by the presence of a significant consumer base across the globe with the companies operating their businesses through dedicated distribution networks.

Some prominent players in the global filters market include:

  • 3M
  • Airex Filter Corp.
  • Koch Filter
  • Freudenberg Filtration Technologies SE & Co. KG
  • Donaldson Company, Inc.
  • Camfil AB
  • Parker Hannifin Corp.
  • DENSO Corp.
  • Clark Air Systems
  • Spectrum Filtration Pvt. Ltd.

Order a free sample PDF of the Filters Market Intelligence Study, published by Grand View Research.

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.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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