Monoclonal Antibodies Market Proejcted to USD 138.6 billion by 2024 : Grand View Research, Inc.

The global monoclonal antibodies (mAbs) market was valued at USD 85.4 billion in 2015 and is expected to reach a value of USD 138.6 billion by 2024. Increasing R&D pertaining to the development of therapeutic mAbs coupled with supportive government initiatives is expected to drive the monoclonal antibodies market growth over the forecast period.

Increasing demand for personalized medicine is a vital factor responsible for the increasing development of therapeutic antibodies to provide targeted therapies as every individual responds in a different manner to a particular treatment. Moreover, related benefits of using mAbs for therapeutic purposes, including fewer adverse effects, homogeneity, specificity, and large-scale production, are contributing toward significant market growth.

In addition, the government initiatives to enable cost-effective production of mAbs is anticipated to propel the emergence of this sector over the forecast period. For instance, the biomanufacturing initiative byNational Institute of Standards and Technology in the U.S. provides scientifically sound regulatory guidelines to ensure effective and safe manufacturing of protein therapeutics and to support biopharmaceutical manufacturers in offering low-cost and high-quality protein drugs across the globe.

Full research report on  monoclonal antibodies (mAbs) market analysis: http://www.grandviewresearch.com/industry-analysis/monoclonal-antibodies-market

Further Key Findings from the Study Suggest:

·         Human-based mAbs segment is predicted to grow at a lucrative CAGR in the coming years due to their associated benefits and numerous R&D activities conducted for further development of human mAbs. Large number of mAbs of human origin are in phase III clinical trial for cancer treatment

·         In vitro production of mAbs is anticipated to show the fastest growth owing to its wide-scale adoption by biologics manufacturers due to its greater efficiency in cost and time

·         The research institute segment is anticipated to exhibit profitable growth due to increasing R&D efforts in the biotech industry as monoclonal antibodies have emerged as a major class of therapeutics for several human diseases, particularly immunological infectious diseases and cancer

·         The Asia pacific region has significant growth potential due to rising government initiatives in this region supporting the use of mAbs for research and treatment purposes coupled with the surge in sponsored R&D projects for the development of cost-effective therapeutic mAbs.

·         For instance, government-led fund providers, such as National Natural Science Foundation and National Basic Research Program of China, offer financial support to enterprises and universities to conduct mAb research and development.

·         The key players serving the monoclonal antibodies market arePfizer, Inc., GlaxoSmithKline plc, Novartis AG, Merck & Co., Inc, Amgen, Inc., Abbott Laboratories, AstraZeneca, Eli Lilly and Company, Mylan N.V., Daiichi Sankyo Company, Ltd., Bayer AG, Bristol Myers Squibb Co.,Johnson & Johnson Services, Inc., Biogen Inc., Thermo Fisher Scientific, Inc., Sanofi Genzyme, F. Hoffmann-La Roche Ltd., and Novo Nordisk A/S.

·         The introduction of advanced methods for mAb production further encourages the pharmaceutical companies to build their own product pipeline. According to a study published by NCBI at the end of 2013, approximately 816 companies were involved in therapeutic protein research. 

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/biotechnology

Grand View Research has segmented the monoclonal antibodies market by source type, production, indication, end-use, and region:

Global Monoclonal Antibodies Source Type Outlook (Revenue, USD Billion, 2013 - 2024)

·         Murine

·         Chimeric

·         Humanized

·         Human 

Global Monoclonal Antibodies Production Type Outlook (Revenue, USD Billion, 2013 - 2024)

·         In Vivo

·         In Vitro

Global Monoclonal Antibodies Indication Outlook (Revenue, USD Billion, 2013 - 2024)

·         Cancer

·         Autoimmune Diseases

·         Inflammatory Diseases

·         Infectious Diseases

·         Microbial Diseases

·         Others

Global Monoclonal Antibodies End-use Outlook (Revenue, USD Billion, 2013 - 2024)

·         Hospitals

·         Research Institutes

·         Others

Monoclonal antibodies Market Regional Outlook (Market Revenue in USD Billion, 2013 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    Japan

o    China

o    India

·         Latin America

o    Brazil

o    Mexico

·         Middle East and Africa

o    South Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-monoclonal-antibodies-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Acetic acid market expected to reach USD 13.31 billion by 2022 : Grand View Research, Inc.

Global acetic acid market is expected to reach USD 13.31 billion by 2022, according to a new study by Grand View Research, Inc. Increasing consumption of PTA for manufacturing polyester coupled with rising application scope of polyester in the textile industry is likely to fuel acetic acid market growth over the next seven years. Growing demand for VAM which is used as a precursor for manufacturing EVA and EVAc coupled with an increasing consumption of these downstream chemicals in the formulation of solvents and adhesives is expected to drive acetic acid market. Acetic acid is also used as a key ingredient in vinegar. Rising demand for vinegar owing to numerous health benefits associated with it is expected to augment market growth over the forecast period.

Acetic acid demand for manufacturing VAM exceeded 3,600 kilo tons in 2014 and the segment is projected to grow at a CAGR of over 4% from 2015 to 2022. Vinyl acetate monomer (VAM) is used in production of various adhesives and water based paints. Rising demand for industrial coatings and paints on account of growing infrastructure, specifically in emerging economies including China, Brazil and India, is a key factor for the growth of (VAM) over the forecast period.

Full research report on acetic acid market  analysis:

http://www.grandviewresearch.com/industry-analysis/acetic-acid-market

Further key findings from the study suggest:

·         China was the largest market for acetic acid in 2014 alone accounting for over 40% of the global volume demand. Presence of a robust manufacturing hub in the region has been one of the primary factors for the high demand of acetic acid over the past few years. In addition, positive outlook regarding expansion of the manufacturing industry in the region is expected to maintain dominance of China within the global acetic acid market over the forecast period.

·         Asia Pacific was the second largest market for acetic acid, with India and Japan dominating the regional market. Asia acetic acid market is projected to grow at a CAGR of over 10.0% over the forecast period and is estimated to reach a value of over USD 3.0 billion by 2022.

·         PTA is expected to be the fastest growing application segment within the global acetic acid market, owing to the increasing demand for polyester from the textile and packaging end-use industries. Global acetic acid demand for PTA exceeded 2,500 kilo tons in 2014 and is expected to be over 3,800 kilo tons by 2020, growing at a CAGR of over 5.0% from 2015 and 2022.

·         Key players present in the global acetic acid market include Celanese, Jiangsu Sopo (Group) Co., BP, Eastman Chemicals, DuPont, BASF and Wacker Chemie. The market is highly fragmented in nature owing to the presence of numerous manufacturers with various scales of production capacities.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds

Grand View Research has segmented the global acetic acid market on the basis of application and region:

Global Acetic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         VAM

·         Acetic anhydride

·         Acetate esters

·         PTA

·         Others

Global Acetic Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

o    China

·         Asia Pacific (excluding China)

o    India

o    Japan

·         Latin America

o    Brazil

·         MEA

Browse Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-acetic-acid-market-analysis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/

Citric acid market expected to reach USD 3.83 billion by 2025 : Grand View Research, Inc.

The global citric acid market is expected to reach USD 3.83 billion by 2025, growing at a CAGR 4.9%, according to a new report by Grand View Research, Inc. Increasing demand for the product as an acidulant in food & beverages application is expected to be a major factor driving the market.

The market is highly competitive in nature with companies increasing their production capacities to serve the growing demand. The companies compete on the basis of product superiority, manufacturing technologies, and adherence to regulations pertaining to citric acid products in an attempt to increase their revenue.

The industry is marked by the presence of major participants focusing on R&D activities to come up with application-specific citric acid products. These well-established players account for a relatively larger share of the annual production of citric acid and have a competitive edge over the smaller players as they have a prevailing goodwill in the market.

The industry is marked by the presence of numerous small unorganized players that deal majorly with the local distribution and cater to the demand in domestic and adjoining economies. These small players in the industry do not have a significant impact on the market dynamics due to low production volumes and smaller geographic reach.

Full research report on citric acid marke analysis: https://www.grandviewresearch.com/industry-analysis/citric-acid-market

Further key findings from the report suggest:

·         Powder grade citric acid dominated the industry in 2016 accounting over 63% of the overall market on account of its extensive use in food & beverages for preservation and flavoring

·         Liquid form is anticipated to ascend at a CAGR of 5.1% over the forecast period on account of high demand in food & beverages industry owing to its beneficial properties such as acidification, texture modification, and flavor enhancement

·         Food & beverages application segment is anticipated to ascend at an estimated CAGR of 5.0% over the forecast period. The growing demand for processed food products with high stability and shelf life is expected to have a positive impact on the industry growth.

·         Germany citric acid market was valued at USD 220.1 million in 2016 and is anticipated to witness a high growth rate over the forecast period. The high growth rate was attributed to the presence of major pharmaceutical manufacturers in the region such as Bayer AG; Merck; and Schering AG.

·         The industry is highly competitive with the presence numerous small and medium scale manufacturers, however is dominated by a few major industry players including Kenko Corporation; Archer Daniels Midland (ADM) Company; Tate & Lyle plc; and Danisco A/S

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

Grand View Research has segmented the global citric acid market report on the basis of form, application, and region:

Citric Acid Form Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         Liquid

·         Powder

Citric Acid Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         Pharmaceutical

·         Food & beverages

·         Others

Citric Acid Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

·         Asia Pacific

o    China

o    India

·         Central & South America

·         The Middle East & Africa

Access press release by Grand View Research: https://www.grandviewresearch.com/press-release/global-citric-acid-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Automotivepolymer composites market Expected to reach USD 11.6 billion by 2025 : Grand View Research, Inc.

The global automotivepolymer composites market size is expected to reach USD 11.6 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.8% during the forecast period. Polymer, metal, and ceramic matrix composites are key composites used in the automotive industry.

The use of polymer matrix composites on a large scale in the manufacturing of exterior components such as rear windshield glazing, fender, panoramic roof modules, wheel covers, headlight lenses, headlight housings, bumper, and front grille is expected to drive the market over the forecast period. The automotive industry is witnessing challenges in aligning production or assembly processes with enhanced material properties and innovative product design, especially for large-volume production facilities. Although aluminum and steel are mostly used in lightweight vehicles, high-performance FRP composites can potentially outperform both aluminum and steel.

Private collaborations between companies in automotive and chemical industries, such as Toray and Daimler, SGL and BMW, SGL and Volkswagen, and Toho Tenax and General Motors, have substantially helped in the allocation of resources in the automotive polymer composites industry. For instance, in 2014, BMW-SGL announced an investment of approximately USD 200 million to triple the production capacity of its CFRP plant located in Moses Lake, Washington, U.S.

Product innovation is one of the key challenges faced by companies operating in the market. Manufacturers are aiming at reducing costs and increasing efficiency of products. Implementation of passenger safety laws such as the Federal Motor Vehicle Safety Standards (FMVSS) is anticipated to drive the automotive polymer composites market over the forecast period. 

Full research report on Automotive Polymer Composites Market analysis: https://www.grandviewresearch.com/industry-analysis/automotive-polymer-composites-market

Further key findings from the study suggest:

·         Demand for automotive polymer composites from electric vehicles is expected to rise at an estimated CAGR of 7.0% from 2017 to 2025 due to increasing focus on using lightweight materials

·         Vinyl ester-based polymer composites are expected to witness the highest growth over the forecast period. These composites are used in mainstream automotive applications such as sunroof, radiator assembly, and heat shields

·         In recent years, various initiatives have been undertaken to commercialize CFRP for use in mass production of vehicles. In order to sustain increasing competition, composite suppliers are forced to upgrade their capabilities to cater to higher volume segments

·         In April 2017, Solvay entered into a consortium with Bentley and Penso to develop high-volume composite technologies

·         Countries such as Japan, China, Vietnam, and Indonesia have laid down several policies pertaining to emission control, in keeping with EU’s emission standards

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented automotive polymer composites market on the basis of resin, product, application, end use, manufacturing process, and region:

Automotive Polymer Composites Resin Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Epoxy

·         Polyurethane

·         Polyamide

·         Polypropylene

·         Polyethylene

·         Polyester

·         Vinyl Ester

·         Other Resins

Automotive Polymer Composites Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Carbon Fiber

·         Glass Fiber

·         Natural Fiber

Automotive Polymer Composites Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Polyethylene

·         Detergent Alcohol

·         Synthetic Lubricants

·         Others

Automotive Polymer Composites End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Conventional Vehicles

·         Electric Vehicles

·         Trucks & Buses

Automotive Polymer Composites Manufacturing Process Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         Compression Molding

·         Injection Molding

·         Sheet Molding

·         Resin Transfer Molding

Automotive Polymer Composites Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    U.K.

o    France

o    Spain

·         Asia Pacific

o    China

o    Japan

o    India

o    Taiwan

·         Middle East and Africa

·         Central & South America

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-automotive-polymer-composites-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com