Market Research News

Monday 23 July 2018

Knee implant Market likely to reach a valuation of around USD 12.4 billion by 2024 : Grand View Research, Inc.

The global knee implant market was valued at USD 8.8 billion in 2015 and is expected to reach a value of USD 12.4 billion by 2024. This growth is majorly attributed to growing elderly population and surging prevalence of chronic rheumatic conditions such as osteoarthritis, rheumatoid arthritis, and post-traumatic arthritis. Primary factors that lead to the occurrence of arthritis are aging, physical injuries, genetic inheritance factors, abnormal metabolism, infections, and immune system abnormalities.

Introduction of advanced technologies and products for are anticipated to keep the industry rivalry and market growth at par over the forecast period. For example, X3 Advanced Bearing Technology and Mako Robotic-Arm Assisted Technology with capabilities of providing patient-specific 3-D model to plan partial knee replacement surgery. Also, in March 2016, Zimmer Biomet launched the Persona Medial Congruent Bearing, which is designed to provide a more natural motion of the knee by maximizing joint stability.

The increasing investment in healthcare sector, geriatric population coupled with demand for minimally invasive surgeries are major factors fueling the increasing adoption of joint replacement procedures. In addition, untapped opportunities in developing economies such as China, and India are further anticipated to propel the knee implant market growth.

On the contrary, the stringent regulatory guidelines involved in gaining approval of class III medical devices are slowing down the approval of implants devices.

Full Research Report On Knee Implant Market Analysis:
http://www.grandviewresearch.com/industry-analysis/knee-implants-market

Further Key Findings from the Study Suggest:

· The total knee replacement was the largest grossing segment in 2015 with over 75.0% and is expected to maintain its position during the forecast period. Developed countries including the U.S. and Germany are major contributors of this vertical. Advances in the surgical technologies and its rising demand in the developing economies will be a vital factor contributing to the sector growth

· The mobile-bearing implants segment is expected to exhibit fastest growth during the forecast period. The growth is attributed to the associated benefits such as longer performance with less wear and additional few degrees’ rotation compared to a fixed-bearing device

· North America is estimated to reign the global knee implant market in the year 2016. The region is expected to maintain its dominance throughout the forecast period. High procedural cost and reimbursement coverage coupled with the availability of skilled professionals is anticipated to spur the demand for knee implants during the forecast period

· The Asia Pacific region is projected to be the fastest growing regional market over the projected period. Rapidly booming medical tourism industry in the emerging economies of India and China is primarily propelling the demand for knee replacement products in Asia Pacific region

· The industry involves several global as well as local players. Some of the major players in this sector include Zimmer Biomet, Stryker, DePuy Synthes, Smith and Nephew, Aesculap Implants Systems,LLC, Exactech, Inc., Medacta, MicroPort Scientific, CONMED, Kinamed, Inc., ConforMIS, and OMNIlife science, Inc.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the knee implant market by procedure type, component and region:

Procedure Type Outlook (Revenue, USD Million, 2013 - 2024)

· Total knee replacement

· Partial knee replacement

· Revision knee replacement

Component Type Outlook (Revenue, USD Million, 2013 - 2024)

· Fixed-bearing Implants

· Mobile-bearing Implants

Regional Outlook (Revenue, USD Million, 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-knee-implant-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

Liquid Waste Management Market Likely to reach a valuation of around USD 117.8 billion by 2025 : Grand View Research, Inc.

The global liquidwaste management market size is expected to reach USD 117.8 billion by 2025, according to a new report by Grand View Research, Inc., clocking in a 3.8% CAGR during the forecast period. Increasing toxicity and safety concerns related to growing instances of waterborne diseases is expected to drive growth over the forecast period.

The industry is widely influenced by factors such as population, waste production rates, available disposal capacity, and disposal sites. Rising global population and rapid industrialization in emerging economies have driven the amount of sewage generated by the manufacturing and service industry, thereby driving growth.

The industry is highly regulated in nature and governed by stringent regulations set down by different associations and ministries. The U.S. Environmental Protection Agency (EPA) and European Commission administer these regulations to decrease the gap between waste generation and management, which is expected to drive demand in the industry.

Industrial and residential sewage is often associated with health concerns since improper disposal leads to pollution, environmental toxicity and degradation, and soil contamination. Industrial chemical waste poses serious threats, such as radiation risks or biological organisms, which may lead to epidemic breakouts. This warrants the need for liquid waste management solutions, thereby driving market growth.

The industry is highly competitive and characterized by increasing technological challenges on account of changes in regulations and presence of experienced competitors. Synergies between water, sewage, and energy business lines set apart major players from local competition in the liquid waste management service industry.

Full Research Report On liquid waste management market Analysis:
https://www.grandviewresearch.com/industry-analysis/liquid-waste-management-market

Further key findings from the report suggest:

· By source, the residential sector accounted for 42.8% of the revenue in 2017 on account of increasing utilization of water per household. This can be attributed to growing population in developing countries such as India and Brazil

· Organic and non-hazardous waste generated by the commercial sector accounted for 80.7% of the overall revenue in 2017 on account of rising demand in the hospitality industry and high demand for water in the medical sector

· On the basis of industry, the automotive sector amounted to USD 4.87 billion in 2017 of the overall revenue on account of large amount of waste, including chemicals, oils, and wastewater, generated by the industry

· The market in Brazil is expected to register a CAGR of 5.9% owing to rising industrialization and increasing per capita water consumption in households over the forecast period

· U.S. accounted for 22.6% of the revenue in 2017 on account of stringent government regulations and presence of major players in the market providing a range of environment services to commercial and industrial sectors

· Major players in the industry compete on the basis of availability of specialized equipment, skilled labor, diversity of services, service quality, safety records, and prices to gain a larger share in the market.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment

Grand View Research has segmented the global liquid waste management market on the basis of source, industry, service, and country:

Liquid Waste Management Source Outlook (Revenue, USD Million, 2014 - 2025)

· Residential

· Commercial

o Toxic & Hazardous

o Organic & Non-Hazardous

· Industrial

o Toxic & Hazardous

o Organic & Non-Hazardous

Liquid Waste Management Industry Outlook (Revenue, USD Million, 2014 - 2025)

· Textile

· Paper

· Iron & Steel

· Automotive

· Pharmaceutical

· Oil & Gas

· Others

Liquid Waste Management Service Outlook (Revenue, USD Million, 2014 - 2025)

· Collection

· Transportation/Hauling

· Disposal/Recycling

Liquid Waste Management Country Outlook (Revenue, USD Million, 2014 - 2025)

· U.S.

· Canada

· France

· Germany

· Italy

· Spain

· U.K.

· Australia

· China

· India

· Japan

· South Korea

· Brazil

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

About Grand View Research

Automotive HVAC Market Analysis By Technology (Automotive, Manual), By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)) And Segment Forecasts To 2022

The global automotive HVAC market size is anticipated to reach USD 22.12 billion by 2022, according to a new study by Grand View Research, Inc.

Price, energy efficiency, and technological advancement are key factor affecting buying behavior. Development of eco-friendly solutions owing to rising environmental concerns and lower the carbon footprints is expected to provide competitive advantage to industry players.

Industry players make huge investment in research and development to enhance their offering and gain competitive edge for instance; initiatives are taken to lower weight and size of system for better adaptability Increasing demand for private vehicle owing to growing car rental industry and rising average time spent in vehicles is anticipated to boost industry growth. Additionally, easy automobile finance schemes may also favor the global market.

Full Research Report On Automotive HVAC Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-hvac-market

Further key findings from the study suggest:

Passenger car segment is expected to witness increase in demand owing to improving road infrastructure worldwide and is estimated to grow at a CAGR of around 8% over the forecast period. Increasing personnel mobility needs and growing urbanization is expected to boost passenger HVAC demand over the forecast period. Popularity of electric or hybrid vehicle is also anticipated to contribute to the overall revenue growth. .
Macroeconomic condition and regulation such as mining ban in India may affect the demand of Heavy Commercial Vehicle (HCV). Increasing LCVs demand particularly in rural areas is expected to open new growth opportunities for the segment growth.
Asia Pacific automotive HVAC market is estimated to show growth owing to rising middle class population and increasing disposable income. Presence of developing economies such as India and China is expected to boost industry growth over the next seven years. Increasing adoption of premium automobile brands in developing nation such as India and Brazil may also provide growth opportunities for industry players.
According to Valeo Group, number of vehicle produced in China has doubled since 2007, with more than 23 million vehicle productions in 2014, which accounted for 27% of global production. North America automotive HVAC market is anticipated to grow at a CAGR of over 7.5% from 2015 to 2022.
The key industry participants include Denso Corporation, Hanon Systems, Mahle Behr GmbH, Valeo Group and Japan Climate Systems Corporation. Other prominent vendors include Air International Thermal Systems, Sanden Holdings Corporation, Calsonic Kansei, DelStar Technologies, Brose Fahrzeugteile GmbH & Co. Kg, Engineered Plastic Components, Johnson Electric, and Sensata Technologies.
In October 2015, Aotecar New Energy Technology Company Ltd acquired Air International Thermal Systems to offer integrated air-conditioning systems to automobile manufacturers. In December 2013, Air International Thermal Systems and Tata Toyo Radiator Limited signed a joint venture to provide HVAC systems to the Indian automotive industry.
In February 2015, Delphi entered into a definitive agreement with MAHLE GmbH to sell its thermal business for USD 727 million. This acquisition has helped Mahle Group to increase its market penetration and enhance its technological capability.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the automotive HVAC market on the basis of technology, vehicle type and region:

Automotive HVAC Technology Outlook (USD Million, 2012 - 2022)

Automatic
Manual

Automotive HVAC Vehicle Type Outlook (USD Million, 2012 - 2022)

Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)

Automotive HVAC Regional Outlook (USD Million, 2012 - 2022)

North America
Europe
Asia Pacific
Latin America
MEA

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-automotive-hvac-market

About Grand View Research

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

Friday 20 July 2018

Mining Equipment Market - Global Mining Equipment Industry Growth, Analysis, Size, Share, Forecast, Outlook, Segmentation

The global mining equipment market size is expected to reach USD 128.39 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.5% during the forecast period. Rising drilling and exploration activities globally are expected to provide an impetus to industry growth.

Increasing demand for resources in the mining sector has encouraged players in the sector to adopt technologies and procedures that streamline every step of the exploration process. This need has enabled mining companies to roll out automated equipment including drillers, excavators, and trucks to boost efficiency while reducing need for human intervention.

Increasing product launches and focus on automation is expected to offer new growth avenues in the mining sector. These new product launches and automation technologies have the potential to transform daily operations and optimize returns on mining assets. Furthermore, favorable government initiatives such as fiscal incentives and coal mining policies are further aiding industry growth.

Decreasing ore grades and exhaustion of minerals are imposing a threat to mining companies, which has led to shifting mining sites to more remote locations. These locations bring with them technical complexities related to labor, energy consumption, and infrastructure, which require efficient mining equipment, thereby driving market growth.

Increasing demand for iron ore, coal, diamonds, and chromium in emerging countries is expected to provide strong growth avenues for surface mining over the next few years. Burgeoning adoption of this equipment facilitates selective mining operations by producing high-quality materials and creating embankments and stable surfaces.

Additionally, there has been increasing demand for underground mining equipment from the coal industry. Many countries such as India, UAE, Brazil, and China have made substantial investments in coal activities and oil and gas production satiate their energy requirements. Surging infrastructure development activities are expected to supplement coal demand in the Asia Pacific region, as it is one of the most crucial raw materials required in the manufacturing of cement and steel.

Full Research Report On Mining Equipment Market Analysis:
https://www.grandviewresearch.com/industry-analysis/mining-equipment-industry

Further key findings from the report suggest:

The mineral processing machinery segment is anticipated to gain substantial market share by 2025. It is a crucial process that most ores have to go through post-mining to ensure a more concentrated material
The metal mining application segment is expected to expand at a CAGR of 6.7% over the forecast period. Increased gold exploration activities globally are expected to account for segment growth
Revenue share of the North America market is expected to surpass 9.6% by 2025. This growth can be attributed to identification of new natural gas reserves in U.S.
Key players in the industry include Caterpillar Inc.; Komatsu Ltd.; Joy Global Inc.; Sandvik AB; Atlas Copco AB; and Metso Corporation.

Grand View Research has segmented the global mining equipment market report based on product, application, and region:

Mining Equipment Product Outlook (Revenue, USD Billion, 2014 - 2025)

Mining drills & breakers
Crushing, pulverizing, & screening equipment
Mineral processing machinery
Surface mining equipment
Underground mining machinery
Others

Mining Equipment Application Outlook (Revenue, USD Billion, 2014 - 2025)

Metal mining
Mineral mining
Coal mining

Mining Equipment Regional Outlook (Revenue, USD Billion, 2014 - 2025)

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
Asia Pacific
- China
- India
Rest of the Word (RoW)

About Grand View Research

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

Thursday 19 July 2018

Isosorbide Market Likely to Reach a Valuation of around USD 703.1 million by 2025: Grand view Research, Inc.

The global Isosorbide Market is projected to reach a valuation of USD 703.1 million by 2025, according to a report by Grand View Research, Inc. Isosorbide is a chemical compound primarily derived from glucose. The naturally-derived compound has applications in pharmaceuticals, solvents, monomers, and plasticizers. Derivatives of the compound used in various industrial sectors are isosorbide esters, isosorbide based polyurethane, isosorbide polycarbonate resins, and isosorbide diglicidyl.

The isosorbide market is anticipated to expand at a 10.9% CAGR from 2016 to 2025. It had registered over 32 kilotons in 2015. The increasing demand to replace fossil fuel-based derivatives with natural derivatives is expected to drive market growth over the forecast period (2014 to 2025). Demand for bio-polyethylene isosorbide terephthalate (PEIT) in Asia Pacific is predicted to positively impact market. Stringent regulations by environmental agencies are expected to fuel the demand for bio-based chemicals over the forecast period.

Full Research Report On Isosorbide Market Analysis: https://www.grandviewresearch.com/industry-analysis/isosorbide-industry

U.S. isosorbide market revenue by application, 2014 - 2025 (USD Million)

The potential to remove bisphenol-A (BPA) from polycarbonates and to replace it with isosorbide alternatives has garnered the interest of chemical manufacturers. Roquette Frères has combined PEIT with its proprietary POLYSORB isosorbide to create temperature-resistant polyesters. Manufacturers are leaning towards natural compounds to act as a feedstock to produce plastic parts. For instance, Mazda Corporation collaborated with Mitsubishi Chemical Corporation to create bio-based plastics derived from isosorbide in December 2017. The use of the compound in pharmaceuticals is projected to open up new avenues for growth.

The global isosorbide market is fragmented by application, end-use, and region. Major applications include polyurethane, polycarbonate, polyester polyisosorbide succinate, polyethylene isosorbide terephthalate (PEIT), isosorbide esters, and others. End-use segments include additives, resins and polymers, and others.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/renewable-chemicals

On the basis of regions, the market is divided into North America, Central and South America (CSA), Asia Pacific (APAC), Europe, and Middle East and Africa (MEA). The APAC market accounted for over 34% market share, in terms of volume, in 2015 due to demand for bioplastics from China. This can be credited to low labor and material costs in China. The satisfactory results of isosorbides in polymers have led to its adoption by several companies as a monomer or additive.

The North America market is expected to exhibit a 10.9% CAGR from 2016 to 2025 owing to technological breakthroughs in isosorbide production processes and rising demand for bio-based products from the region. The shale gas industry is expected to benefit the most in the region due to high raw feedstock prices of isoprene and butadiene. In addition, the success of hydralazine–isosorbide dinitrate (H-ISDN) to treat congestive heart failure in African-Americans may positively impact the overall demand. The CSA market is predicted to expand at a 10.4% CAGR over the forecast period. Favorable government policies to produce automobile components from bio-based polymers are expected to bode well for the isosorbide market in this region.

The European market was valued at over USD 77 million in 2015 due to favorable regulations in the region. In addition, the high demand for bulk chemicals such as lactic acid, propylene glycol, and ethylene glycol is expected to influence regional demand. The MEA market is expected a steady growth rate over the forecast period due to high incidence of angina in the Middle East and South Africa. Isosorbide is an one of the indispensable components in drugs necessary to treat acute heart failure (AHF) and coronary heart disease (CHD). The Gulf CARE registry is a centralized database that records the effects of isosorbide in heart disorder patients. This will be instrumental in improving the outcomes of patients and provide insights to pharmaceutical companies to improve their existing products.

Key players operating in the worldwide isosorbide market include Cargill, Incorporated; Roquette Frères; J P Laboratories Pvt. Ltd.; Novaphene Specialities Private Limited; and Par Pharmaceutical. Expansions and research of novel technologies are strategies followed by most players to sustain their position in the market. For instance, Roquette has opened new manufacturing bases in China, India, and Thailand to stabilize production costs. Most market participants have shifted their focus towards developing bio-based compounds. Recent studies have shown the success of dental implants derived from isosorbide monomers. They could be a viable replacement for bisphenol A glycerolate dimethacrylate (Bis-GMA) based materials.

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

About Grand View Research

Thermoplastic Polyurethane (TPU) films market Estimated To Generate Revenues Worth USD 724.6 million by 2020 : Grand view Research, Inc.

According to a study conducted by Grand View Research, Inc.; the worldwide ThermoplasticPolyurethane (TPU) films market is predicted to attain a valuation of USD 724.6 million by 2020. Rapid growth of end-use markets such as railway, aerospace, and construction, particularly in the Asia Pacific (APAC) region is expected to spur the global market in near future. Extensive usage of TPU films in the automotive industry for applications like rear bumper and scratch protection can further support the expansion. Expanding after sales market is also likely to propel market growth. In addition, increased use of TPU films in construction and sports goods is also projected to augment market over the forecast period (from 2014 to 2020).

Strict regulations about the usage of hazardous raw materials are expected to hinder the market growth. However, the shifting focus of the manufacturing companies toward introducing new additives to enhance the product specifications is likely to fuel market expansion. Moreover, use of bio-based materials as alternative raw materials for thermoplastic polyurethane film production has increased since the last few years. This is also estimated to boost the market in forthcoming years. Many companies such as DuPont, Arkema, and PolyOne have already invested into the bio-based TPU films market. Increased focus on R&D activities for sustainable thermoplastic polyurethanes is anticipated to provide the market players with attractive business opportunities over the forecast period.

Full Research Report On Thermoplastic Polyurethane (TPU) films market Analysis: https://www.grandviewresearch.com/industry-analysis/tpu-films-industry

In 2013, the worldwide demand for TPU was estimated at 46,769.1 tons. It is predicted to reach at 68,033.1 tons by 2020 at over 5.5% CAGR during the forecast years. The global thermoplastic polyurethane (TPU) films market is categorized as per application and region. On the basis of application, the market is categorized into aerospace, railway, energy, automotive, leisure and sports, building and construction, furniture, and others.

Based on geographies, the market is divided into Europe, North America, APAC, Japan, and RoW. Asia Pacific dominated the global market in the past with around 34% of the total TPU films market share. The region is expected to continue witnessing steady growth on account of rapidly evolving infrastructure and automobiles industries in India and China. Increased production along with development of the current facilities by Chinese manufacturers is also projected to fuel the regional market over the next few years. The market in Japan, which was predicted at 3,685.4 tons in 2013, is projected to register a healthy CAGR of 4.9% from 2014 to 2020. In addition, lower prices of TPU films in this region as compared to other regions are also expected to help boost the regional market expansion.

View More Reports of This Category by Grand View Research At: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins

In 2013, Europe and North America occupied 19% and 27% of the global market volume respectively. High usage of thermoplastic polyurethane films in energy, automobiles, and construction industries is anticipated to be one of the key growth drivers for the market in North America region. Whereas, the Europe region is said to have a sluggish development due to recent economic recessions, which slowed down major end-use sectors such as construction and aerospace. However, increased scope of application of TPU films in leisure and sports is projected to spur the market in Europe over the forecast period.

The top four players, namely, Huntsman Corp.; Bayer Material Science; Permali Gloucester Ltd.; and The 3M Company accounted for around 40% of the overall market share in 2013. Some of the other prominent companies in the global thermoplastic polyurethane (TPU) films market are Avery Dennison Corp.; The Lubrizol Corp.; and American Polyfilm Inc. Novel product development is one of the primary strategies followed by most of the companies to attain maximum share in the global market. For instance, Lubrizol Engineered Polymers by Lubrizol Corp. recently announced the launch of its new TPU product line, Estane, for signs, labels, and graphics market. The products in the new thermoplastic polyurethane portfolio are particularly designed to deal with the growing graphics industry and as a high performance substitute to the conventional vinyl-based products.

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-thermoplastic-polyurethane-tpu-films-market

About Grand View Research