Wednesday 15 November 2017

Polyisobutylene (PIB) market expected to reach USD 7.71 billion by 2024 : Grand View Research, Inc.


The global polyisobutylene (PIB) market is expected to reach USD 7.71 billion by 2024, according to a new report by Grand View Research, Inc. Rising product use in pharmaceutical industry in emerging markets such as China and India are expected to drive global polyisobutylene market growth over the next eight years.
The rapid growth of the automotive industry in emerging economies of Asia Pacific and Latin America owing to growing demand for automobile and rising disposable income of consumers is expected to drive growth over the forecast period. Growing application scope of polyisobutylene in sealing & caulking compounds and viscosity modifiers on account of superior binding & adhesive properties is likely to augment market growth. In addition, rising use of polyisobutylene in adhesives industry is expected to drive the market demand.
High molecular weight polyisobutylene was the prominent product segment and accounted for a major significant share of market volume. Wide application scope of high molecular weight polyisobutylene in industries including automotive, petrochemicals, and pharmaceuticals is expected to augment demand. However, rising concern regarding disposal of polyisobutylene is expected to pose a challenge to the market over the forecast period.
Further key findings from the report suggest:
·         The global polyisobutylene market demand was 1.0million tons in 2015 and is expected to reach 1.8million tons by 2024, growing at a CAGR of 6.1% from 2016 to 2024.
·         High molecular weight polyisobutylene is expected to witness the fastest grow that a CAGR of 6.8% from 2016 to 2024.Factors such as low glass transition temperature and amorphous nature help high molecular weight polyisobutylene attain improved flexibility, tackiness, high temperature, and chemical resistance. These properties make high molecular weight PIB most widely used polyisobutylene in industries including adhesives, roofing, and wire manufacturing which in turn is expected to propel the market growth over next few years.
·         Additive application of polyisobutylene is expected to grow at a CAGR of 6.9% from 2016 to 2024. Growing demand for fuel and lubricant additives in refining industries coupled with rising demand from manufacturing industry owing to rapid industrialization in the emerging economies of Asia Pacific and the Middle East& Africa is expected to drive the demand over the forecast period.
·         Growing use of medium molecular weight polyisobutylene in food & beverage industry for food packaging on account of its adhesive nature, hydrophobic stability, anti-bacterial performance, high-temperature resistance and low toxicity absorption is likely to fuel the market demand over the forecast period.
·         Europe was the dominant market and accounted for 44% in 2015. Rising demand for polyisobutylene from end-use industries such as food & beverage and pharmaceutical coupled with the presence of large refiners in the region with enhanced distillate processing capabilities are expected to accelerate market growth. The region is also expected to grow at a CAGR of 6.1% from 2016 to 2024.
·         Polyisobutylene industry is moderately fragmented with the presence of a large number of prominent market participants across the globe. BASF SE is a specialty chemicals manufacturers involved in the manufacturing of intermediates, monomers, and catalysts. The company manufactures polyisobutylene under Intermediates segment. In May 2015, BASF SE acquired LANXESS’s high molecular weight polyisobutylene manufacturing intellectual process.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the polyisobutylene market on the basis ofproduct, application, and region:
Global Polyisobutylene Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
·         High Molecular Weight
·         Medium Molecular Weight
·         Low Molecular Weight
Global Polyisobutylene Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
·         Automotive
·         Additive
·         Others
Global Polyisobutylene Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
·         North America
o    U.S
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
·         Latin America
o    Brazil
·         Middle East and Africa
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-polyisobutylene-pib-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




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Bioresorbable coronary stents market projected to grow USD 247 million by 2025 : Grand View Research, Inc.


Anticipated as well as recently launched global bioresorbable coronary stents market will trigger a revenue increase to USD 247 million by 2025. According to a new report by Grand View Research, Inc., better device attributes of second-generation coronary stents will provide the ascending push to this market.
Bioresorbable stents are intended majorly for the young adult population, whereby these individuals are enabled with a normal functioning artery following complete resorption of the dissolvable devices.Lifestyle diseases and prevalence of associated risk factors underpin the growth in atherosclerosis-related cardiac events. This drives the global disease prevalence in young adults as well as the high volume of elective Percutaneous Coronary Interventions (PCI).
What sets the second-generation bioresorbable coronary stents apart? – Learning from past mistakes, manufacturers have developed new generation bioresorbable with thinner strut thicknesses, faster resorption times, and better radial force. Amaranth, with a single-minded focus on strut thickness, has developed three such devices. Each with a thinner strut. The latest, Magnitude boasts of 100 microns.
Another factor providing a fillip to this market is the less-invasive nature of PCIs as compared to coronary artery bypass grafting, resulting in their high elective procedure volume. In most parts of the world, lack of auditing to check inappropriate surgeries drives the number of coronary stenting procedures. Hence, this market is expected to witness growth due to the high volume of elective PCI, particularly in APAC and Europe.
Further Key Findings From the Study Suggest:
·         Europe region is the major contributor for the bioresorbable stents market in 2016. Subsequent to withdrawal of the bioresorbable Absorb BVS, emergence of CE-approved bioresorbable stents hold strong growth prospects for greater sales in the member countries.
·         APAC follows Europe with almost 30% segment share and is expected to record the fastest growth in the future
·         Absorb BVS, among the key brands, engendered the highest sales revenue in 2016, while Absorb 2nd generation device will supersede the sales of its rival devices toward the end of the forecast period
·         North America trails behind as the smallest revenue generator against leading counterparts, Europe and APAC, in this market. Downfall of Abbott’s Absorb BVS, the only approved FDA device, is the underlying reason for the small segment share in the U.S. region.
·         Key players in this space include BIOTRONIK, Meril Lifesciences Pvt. Ltd., Abbott, Elixir Medical Corporation, REVA Medical, Arterial Remodeling Technologies, and Amaranth Medical
·         Strategic efforts undertaken by the companies to gain a higher market share center on bioresorbable coronary stents development. Companies targeting the clinical pipeline have developed second-generation bioresorbable products with better design specifications, such as devices with thinner strut thicknesses and faster absorption rates that gain comparability with the gold standard, drug-eluting metallic stents.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the bioresorbable coronary stents market by brands and region:
Bioresorbable Coronary Stents Brand Outlook (Revenue, USD Million;2016-2025)
·         Absorb BVS
·         Absorb 2nd Generation
·         Magmaris
·         Magnitude
·         MeRes-100
·         DESolve
Bioresorbable Coronary Stents Regional Outlook (Revenue, USD Million; 2016-2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
o    France
o    Italy
o    Spain
·         Asia Pacific
o    Japan
o    India
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-bioresorbable-coronary-stents-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






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Acoustic insulation market expected to reach USD 16.55 billion in 2025 : Grand View Research, Inc.


The global acoustic insulation market is expected to reach USD 16.55 billion in 2025, according to a new report by Grand View Research, Inc. Increasing standard of living, awareness regarding the effect of noise pollution on human health and stringent regulations have been driving the global acoustic insulation market so far.
Market growth will probably be driven by consumer needs and initiatives, while favorable regulations are also expected to play a crucial role in shaping the industry. Technological advancements in construction, industrial processing, and transportation industries will play a significant role in acoustic insulation market growth over the forecast period.
Increasing competition in automotive manufacturers to produce acoustically insulated luxury vehicles has taken the game far ahead. Aerospace and marine industries have been trying to isolate occupants from airborne and impact noises. Consumer demand for quieter and insulated cabins in vehicles and airplanes will probably help the segment growth over the forecast period.
Building & Construction has traditionally been using sound insulating materials to maintain a peaceful environment for the occupants. Penetration in the sector is primarily driven by regulatory mandates to control noise transmission level, especially in the U.S. and Europe. However, sluggish construction industry growth in Europe has inhibited the market growth in the past and the impact is expected to be seen over the forecast period as well.
Asia Pacific is the dominant market, and the demand has been driven by growing construction as well as transportation sectors. Europe closely follows Asia Pacific to be the second largest market for acoustic insulation products. Regional demand is driven by stringent regulations regarding the airborne, appliance and impact noise. Apart from regulations on noise at source, EU regulates noise transmission levels inside dwellings as well. 
Further key findings from the report suggest:
·         Rock wool emerged as the leading product segment with demand share exceeding 40% in 2015. Higher sound insulation, environment-friendly nature, and low prices have been responsible for the market penetration.
·         Foamed plastic is expected to be the fastest growing product segment with revenue growth of 6.2% from 2016 to 2025. Better acoustic properties, ease of installation in addition to the dual benefits of acoustic as well as thermal insulation offered are expected to trigger the product demand.
·         Building & construction dominates the market with a volume share exceeding 55% in 2015. Regulations and consumer demand mainly drive segment penetration. 
·         Asia Pacific acoustic insulation demand expected to grow at an estimated CAGR of 6.2% from 2016 to 2025. Growing transportation as well as construction sectors in the region will probably trigger the market growth.
·         Expansion and acquisition to emerge as the critical factor for expanding the regional presence. Key companies operating the market include Rockwool International, Saint-Gobain, Knauf Insulation, BASF, Owen Corning Corporation, Johns Manville and Kingpan Group
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has segmented the global acoustic Insulation market on the basis of product, end use and region:
Global Acoustic Insulation Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Glass wool
·         Rock wool
·         Foamed Plastic
·         Others
Global Acoustic Insulation End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Building & Construction
o    Residential
o    Commercial
·         Industrial
·         Transportation
o    Automotive
o    Marine
o    Aerospace
Global Acoustic Insulation Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
o    France
·         Asia Pacific
o    China
o    India
o    Japan
·         Middle East and Africa
·         Central & South America
o    Brazil
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-acoustic-insulation-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






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Medical gases market expected to reach USD 15.1 billion by 2024 : Grand View Research, Inc.


The medical gases market is expected to reach USD 15.1 billion by 2024, according to a new report by Grand View Research, Inc. The medical gases market is anticipated to witness a positive growth during the study period from 2016 to 2024. This growth is attributed to a majority of factors, such as the high prevalence of chronic diseases including heart diseases, stroke, asthma, cancer, diabetes, and obesity. Increasing adoption of sedentary lifestyles and unhealthy diets coupled with the significantly large aging population is resulting in the high incidence of chronic diseases in the developed regions. However, the worldwide shortage of helium, largely concerning the manufacturers of medical equipment, and the stringent government rules and regulations are expected to hamper the market growth.
The pure gases segment is expected to witness a significant growth rate in the developing countries due to its high demand and increasing usage in the healthcare industry. The increasing demand for advanced medical gas equipment, such as vacuum systems and manifolds, is propelling the growth of this segment. Based on applications, the vertical has been further classified into therapeutics, diagnostics, drug discovery and development, clinical research, and quality control. The therapeutics segment is expected to witness a significant growth rate during the forecast period due to their high demand as medicinal products and the related equipment in hospitals & other healthcare centers.
The Asia Pacific region is anticipated to be the fastest growing region during the forecast period, while North America is estimated to dominate the global market in 2015.
Browse full report by Grand View Research :
Further key findings from the study suggest:
·         North America is estimated to reign the global medical gases market in the year 2015. The increasing awareness about chronic diseases, its causative and risk factors, enhanced uptake and acceptance of technologically advanced therapeutic & diagnostic products is expected to contribute to the market growth.
·         The Asia Pacific region is projected to be the fastest growing region during the forecast period. The reason being the considerably large burden of chronic diseases in certain developing regions, such as India, where 142.1 in every one lakh individuals, die due to lung disease. As a result of the high incidence of respiratory diseases, the urgent requirement to undertake awareness measures and integrate advanced diagnostics and therapeutics is expected to fuel the sector growth.
·         The medical gas equipment is the largest grossing segment, and is hence expected to capture the largest share in 2015, especially in the developed countries including the U.S. and Germany. Advances in the medical equipment and its increasing demand in the developing economies will be a crucial factor contributing to the growth in this sector.
·         The industry involves several global as well as local players. Some of the major players in this sector include Air Liquide, The Linde Group, Praxair, Inc., Airgas, Inc., Air Products and Chemicals, Inc., BeaconMedaes, Medical Gas Solutions Ltd., and Matheson Tri-Gas.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the medical gases market on the basis of product, equipment, application, and region:
Medical Gases Product Outlook (Revenue, USD Million, 2013 - 2024)
·         Medical Pure Gases
o    Medical air
o    Carbon dioxide
o    Oxygen
o    Nitrogen
o    Nitrous oxide
o    Helium
·         Medical Gas Mixtures
o    Carbon dioxide-oxygen mixtures
o    Oxygen-nitrous oxide mixtures
o    Ethylene oxide
o    Oxyfume 2000
o    Helium oxygen mixtures
o    Aerobic mixtures
o    Anaerobic mixtures
o    Blood Gas mixtures
o    Laser gas mixtures
o    Lung mixtures 
Medical Gas Equipment Outlook (Revenue, USD Million, 2013 - 2024)
·         Manifolds
·         Vacuum Systems
·         Alarm Systems
·         Flowmeters
·         Medical Air Compressors
·         Cylinders
·         Hose Assemblies and Valves
·         Outlets
·         Regulators
·         Masks
Medical Gases Application Outlook (Revenue, USD Million, 2013 - 2024)
·         Therapeutic
·         Diagnostic
·         Others
Medical Gases Regional Outlook (Revenue, USD Million, 2013 - 2024)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
·         Latin America
o    Brazil
o    Mexico
·         MEA
o    South Africa
o    Middle East

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-medical-gases-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










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