Human Milk Oligosaccharides (HMO) Market Is Roaring Worldwide From 2021

Global Human Milk Oligosaccharides (HMO) Market is anticipated to grow considerably in the coming years due to rise in demand for infant nutrition food products. Human milk oligosaccharides are the complex sugars that are produced in the breast milk by mothers in large quantities. They can be assumed as the fibers that cannot be consumed by the newborns. HMO build bifidobacteria that helps in several mechanisms. It prevents the growth of other pathogens in the same environment.

The drivers of human milk oligosaccharides market include speedy technological improvements in product line, rise in application in the infant supplements, growing application in food and beverages and increasing use in dairy sector. Moreover, change in lifestyle, rise in health awareness and rising demand for human milk donors are expected to drive the market growth. However, low availability of raw materials and high priced chemical and enzymatic synthesis techniques, lack of technical expertise and significant R&D cost are hampering the market growth.

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Nevertheless, leading players adopting merger& acquisition, affiliations and collaboration strategy and improvements in supply chain management are a few trends in human milk oligosaccharides industry. Moreover, future investments are expected to bring opportunities for the market players.

Human milk oligosaccharides market is categorized on the basis of type, application and geography. On the basis of type, the market is divided into LNT &LNnT, sialyllactose and fucosyllactose. Fucosyllactose segment is predicted to hold larger market share due to rising use in infant supplements.

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Based on application, HMO industry is divided into food & beverages, health ingredients for human & animal, infant formulas and food supplements. Infant supplement segment leads the HMO market due to the increasing number of child malnourishment cases and growth in mortality.

Geographically, human milk oligosaccharides industry is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America followed by Europe are erected to dominate the market of human milk oligosaccharides due to increasing number of manufacturers and rise in demand for infant formulas in Italy, France, Spain and U.K. Europe and Asia Pacific are also projected to lead in future due to increasing demand for nutritional food products.

The prominent players in human milk oligosaccharides (HMO) industry include Abbott, Dextra Laboratories, Inbiose, Jennewein Biotechnologie GmbH, Glycosyn LLC, Glycom A/S, ZuChem, Inc., Elicityl SA and Medolac Laboratories.

Hand Dryers Market Worth About USD 1.59 billion By 2025

 The global Hand Dryers Market size is expected to value at USD 1.59 billion by 2024. The market is subject to witness a substantial growth due to the growing adoption in various end-user industries such as hotels and restaurants, office buildings, educational institutes, shopping & commercial complex and multiplexes, railway station, and airports. In addition, environmental and economic advantages offered by hand dryers are expected to drive market demand for automated hand dryers.

Additionally, factors responsible for robust growth in the hand dryers include growing demand for better hygiene in both residential and commercial applications and increasing need for cost-effective cleaning solutions. Introduction of automated and programmed hand dryers has led to development of work-efficient solutions, thereby propelling market growth, in the recent years. Globally, the hand dryers industry is predicted to grow at CAGR of 14.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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The recent technological advancements and development of the novel products & technologies such as touch control and advanced sensor systems in order to enhance user experience is also expected to fuel revenue growth in the upcoming years. Moreover, shifting trends towards adoption of automated and intelligent hand dryers is positively impacting market growth, in the last few years. Other factors such as cost effectiveness and time saving capabilities of hand dryer market are predicted to drive the market growth of hand dryers over the forecast period.

The wall mounted hand dryers are gaining traction among various end-user segments such as airports, educational institute, hospitals, hotels and restaurants owing to the less space occupancy offered by these devices. Increasing demand for hand dryers is attributed to space occupancy concerns, majorly in compact restrooms with high traffic. The surface mounted hand dryers are adopted due to multiple advantages over wall mounted hand dryers such as easy installation and cost efficiency.

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The hand dryers industry is broadly categorized into seven major segments based on the application type such as airports, educational institute, hospitals, hotels and restaurants, office buildings, railway stations, and shopping &commercial complex and multiplexes. The hotels and restaurants is considered as one of the fastest growing segment in the hand dryers market with substantial revenue generation in the last few years. Growing popularity of hand dryers in the hotels and restaurants segment is attributed to the massive growth in the hospitality sector, increase in the number of restaurants, pubs and hotels, and rise in tourism industry across the globe. The hospitals segment has also witnessed substantial growth owing to the rising concerns forhygiene & cleanliness coupled with increasing adoption of cost-effective solutions.

The hand dryers industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in hospitality industry, increase in the number of research & development activities in the region, substantial increase in number of shopping &commercial complex and multiplexes, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the hand dryers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing disposable income, growing adoption in hospitals, hotels and restaurants, improved living standards, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the hand dryer industry are American Dryer, Inc., Dyson Ltd., ELECTROSTAR Electronics Recovery Solutions LLC, Euronics Industries Pvt., Ltd., Excel Dryer, Inc., Jaquar & Company Pvt., Ltd., Mitsubishi Electric Co., Panasonic Co., Saniflow Hand Dryer Co., Bobrick Washroom Equipment, Inc., SPL Ltd., TaishanJieda Electrical Industrial Co., Ltd., Toto Ltd., and World Dryer Co.

Electronic Materials and Chemicals Market Hit Almost USD 81.05 billion Figure By 2025

The global Electronic Materials and Chemicals Market size is expected to value at USD 81.05 billion by 2024. The market is subject to witness a substantial growth due to the growing demand from manufacturing sector for production of semiconductors, flat panel displays, and photolithographic printing. In addition, declining cost of electronic equipment and improved standards of living across the globe are expected to fuel the market growth of electronic materials and chemicals over the forecast period.

Massive demand for semiconductors materials in manufacturing of mobile phones, electronic chips and integrated circuits is anticipated to foster market growth in the upcoming years. Globally, the electronic materials and chemicals industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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Substantial growth in electrical & electronics sector coupled with increase in industrial production are anticipated to fuel the growth of electronic materials & chemicals market over the forecast period. Rapid pace of macroeconomic cycles is a key for market expansion in the last decade. Increasing number of small & medium-sized enterprises SMEs in developing economies across Asia-Pacific and Latin America is playing crucial role for the success of electronic materials and chemicals industry since last couple of years. Recent technological advancement in the semiconductor industry is expected to offer lucrative growth avenues for industry players, in the recent years.

Growing manufacturing activities in the North America region is also leading to the increasing production of electrical & electronic appliances, thus driving market expansion in the last few years. Additionally, rising investment by prominent market players across the globe in capacity expansion as well as modernization of existing manufacturing facilities in order to generate excess of revenues and gain competitive edge over other organizations, are positively impacting market growth over the forecast period.

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Some of the key raw materials that are required for production of the electronic materials & chemicals include silicon, copper, nickel, and specialty gasses. Semiconductor and integrated circuits is one of the largest end-user segment in the electronic materials & chemicals industry that holds massive market share. Printed circuit boards (PCB), which are important components of integrated chip technology and is adopted in various consumer electronic appliances.

The electronic materials and chemicals market is broadly categorized into five major segments based on the application type such as silicon wafers, PCB laminates, specialty gases, wet chemicals and solvents, and photoresists. The PCB laminates is considered as one of the fastest growing segment in the market of electronic materials and chemicals with substantial revenue generation in the last few years. Growing popularity of the PCB laminates segment is attributed to the increasing adoption for manufacturing of various electronic products such as amplifier and LEDs. The photoresist segment has also witnessed substantial growth owing to the growing importance towards patterned coating.

The electronic materials and chemicals industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in semiconductor industry, increase in the number of research & development activities in the region, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the electronic materials & chemicals market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rapid industrialization, growing manufacturing sector, increasing disposable income, trade liberalization policies, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the electronic materials & chemicals industry are Air Products & Chemicals Inc., Ashland Inc., Air Liquide Holdings, Inc., BASF Electronic Chemicals SE, Honeywell International, Inc., Cabot Microelectronics Co., Linde Group Co., KMG Chemicals Inc., Fujifilm Electronic Materials, Inc., Kanto Chemical Co., Inc. and Tokyo Ohka Kogyo Co., Ltd.

Therapeutic Bed Market Size Is Increasing Rapidly Globally

Global Therapeutic Bed Market is anticipated to grow considerably in the forecast period owing to the prevalence of chronic disorders and growing geriatric population worldwide. Therapeutic beds are the adjustable beds that offers complete body support to the medical patients. Irrespective of surgery or injury or a degenerative disorder, therapeutic beds offer relaxation to the spine and back and aids in curing.

Therapeutic bed industry is driven by noteworthy growth of medical sector due to innovation and growing awareness among consumers regarding health and wellness. Moreover, the advent of improved technologies like fiber-body, flexible and adjustable side railings automatic adjusting of height, light-weight, portability and multi storage facilities are propelling the growth of therapeutic bed market. However, significant cost of beds and varying dimensions somewhat limit the market growth of therapeutic bed. Geriatric population and specially abled population turn out to be potential users for therapeutic bed mostly associated with the hospital segment.

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Therapeutic bed industry is categorized on the basis of product type, technology, application, and geography. On the basis of product type, the market is divided into air fluidized beds, bariatric beds, bathing beds, maternity beds, ICU beds, pediatric beds, low air loss bed systems, and standard medical beds. Standard medical beds, ICU beds and maternity beds are expected to register significant growth in the coming years owing to growing number of patients suffering from disorders that need to be operated and increasing number of road mishap patients.

On the basis of technology, therapeutic beds market is divided into manual and electrically powered. Electrically powered segment is predicted to rise substantially in the coming years owing to technologies like remote controlled and voice operated. Moreover these type of beds can be effectively operated by the patient.

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Based on application, therapeutic bed industry is classified into ambulance and clinics, hospitals, and home care. Owing to the infrastructural changes and expansion strategies, hospital segment is predicted to lead the market in the years to come.

Geographically, therapeutic bed market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Due to the growing public funding in healthcare, which improve the settings of hospitals, Europe is predicted to dominate the market of therapeutic bed in future.

The prominent players in therapeutic beds industry comprise ArjoHuntleigh, Hard Manufacturing Co., Casco Solutions, Carital Ltd, Centromed Ltd., Grant Airmass Corporation, Gaymar Industries, Gendron, Inc., Hill Rom, Inc., Paramount Bed Co. Ltd., L I N E T spol. s r.o., Hill-Rom Holdings, Inc., Getinge Group, Invacare Corporation, Medline Industries, Inc., and Stryker.

Succinic Acid Market Worth About USD 237.8 million By 2025

 The global SuccinicAcid Market size is expected to value at USD 237.8 million by 2022. The succinic acid industry is subject to witness a substantial growth due to the substantial demand from various application verticals such as 1,4 butanediol, pharmaceuticals, and polyurethanes. Rapid growth of building &construction sector and automotive industry, particularly in the Asia Pacific region is expected to foster market growth over the forecast period.

High-end demand for production of resin, coating, and polyurethanes is positively affecting market growth as well. Succinic acid is considered as primary building block for the production of polyurethanes, resins, polybutylene succinate (PBS) and plasticizers. Succinic acid acts as a precursor for chemicals such as 1,4 butanediol (BDO). Globally, the succinic acid market is predicted to grow at CAGR of 12% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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However, volatility in the cost of crude oil price and limited availability of raw materials are expected to hamper market growth to a certain extent over the coming years. Yet, massive increase in the demand for bio-succinic acid owing to eco-friendly nature and favorable government policies for the use of green products among chemical manufacturers are anticipated to drive market growth over the next seven years. Bio-derived succinic acid is predicted to replace conventional chemicals such as butane-based maleic anhydride during production of succinic anhydride, fumaric acid, diethylmaleate, glyoxylic acid, and other plastics.

The succinic acid industry is broadly categorized into nine major segments based on the application type such as1,4 BDO, resins & coatings segment, dying and inks segments, pharmaceuticals, polyurethanes, food& beverages segment, plasticizers, cosmetics, solvent and lubricants, de-icing solutions. The resins & coatings is considered as one of the fastest growing segment in the succinic acid market with substantial revenue generation in the last few years.

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Growing popularity of succinic acid in the resins & coatings segment is attributed for the rise in demand from construction and the automotive industry. The pharmaceuticals segment has also witnessed substantial growth owing to the increasing medical tourism across the globe.

The succinic acid industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in pharmaceuticals and resins & coatings sector, increase in number of research & development activities in the region, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the succinic acid market displaying a massive growth in the forecast period. Countries such as India, China, South Korea and Japan are leading the Asia-Pacific market with strong economic growth in the region, rapid growth of automotive and construction sector, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the succinic acid industry are BioAmber, Inc., Anqing Hexing Chemical Co., Ltd., Reverdia, Inc., Gadiv Petrochemical Industries Ltd., Kawasaki Kasei Chemicals, Inc., Myriant Co., Showa Denko K.K., Succinity GmbH, and Nippon Shokubai Co., Ltd.

Personal Care Packaging Market Worth About USD 37.25 billion By 2025

The global Personal Care Packaging Market size is expected to value at USD 37.25 billion by 2022. The market is subject to witness a substantial growth due to the soaring need for environment friendly and sustainable packaging solutions for cosmetics and personal care products. Robust growth in the personal care & cosmetic industry is attributed to growing awareness about individual health and safety, increasing personal disposable income and improved lifestyle mainly in developed economies.

Shift in customer preference towards organic cosmetics alongside large-scale consummation of sustainable products are expanding the market reach of the personal care packaging in near future. Globally, the personal care packaging industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the packaging industry.

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The recent technological advancement in the personal care & cosmetics industry coupled with development of advanced packaging solution are anticipated to boost market growth over the forecast period. In addition, growing manufacturing sector in South East Asian economies such as Singapore, South Korea, Taiwan and Malaysia is projected to escalate the growth of personal care packaging market in upcoming years. Rigid plastic packaging currently holds a higher market share in the personal care packaging.

Increasing adoption of the rigid plastic packaging materials is credited to their lightweight and eco-friendly nature, thus rocketing the demand of rigid plastic packaging in personal care packaging industry, in the recent years. Additionally, metal, glass and paper can be easily recycled for multiple use due to their flexibility. These factors are responsible for enlarged demands of rigid plastic in the market of personal care packaging. Other factors such as ease of use, simple operation and cost-effectiveness are complementing the market demand, in recent years.

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Paper and glass packaging solutions are gaining traction in personal care packaging market due to their biodegradable properties. Paper and glass packaging is ideal substitute for plastics in packaging & manufacturing of personal care products. These factors are largely influencing the market growth, thus creating lucrative opportunities for industry players during this period. Furthermore, increasing consumer awareness about environmental hazards with excessive use of plastic and complete ban on the use of the lightweight plastic materials in few countries are expected to amplify the growth of glass and paper packaging over the forecast period.

The personal care packaging industry is broadly categorized into four major segments based on the product type such as skin care, hair care, bath & shower and fragrances. The skin care is considered as one of the fastest growing segment in the market of personal care packaging with substantial revenue generation in the last few years. Growing popularity of the skin care segment is attributed to the growing consumer awareness and high-end demand from for skin care products from Asia-Pacific region. The bath & shower segment has also witnessed substantial growth owing to the growing awareness about health and hygiene among consumers.

The personal care packaging market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in packaging sector, increase in the demand for body washes, shower gels, bar and liquid soaps, and existence of well-established industrial infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the personal care packaging industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with growing demand for personal care products with lightweight packing, improved living standards, increasing disposable income, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the personal care packaging market are Amcor Ltd., Bemis Company, Inc., Mondi plc, Sonoco Products Company, Albea Group AG, Ardagh Group S.A., Ampac Holding and Crown Holdings, Inc., ITC Ltd., and WestRock Co.

Market Segment:

Global Personal Care Packaging Product Outlook (Revenue, USD Million, 2012 - 2022)
    • Flexible
    • Rigid plastics
    • Paper
    • Metal
    • Glass