Thursday, September 17, 2020

Indium Market to Witness Astonishing Growth by 2025

Global Indium Market is anticipated to reach USD 584.8 million by 2025. Indium is a soft, silvery-white metal occurring naturally with zinc and some other metals. Indium Tin Oxide (ITO), which is made from indium oxide and tin oxide with ratio of 9:1 by weight and is colorless and transparent when applied in thin layers. It is gaining preference over its substitutes because of its characteristics such as resistance to ultraviolet rays, transparency, and color fastness.

The factors that propel the growth of the Indium industry include growing demand for LCDs, larger displays and tablets, with TV screen size. On the other hand, there are factors that may hamper the growth of the market including huge demand supply gap and price instability. Indium Market is anticipated to grow at a significant CAGR of 9.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

In-depth research report on Indium Market:

Indium industry may be explored by product type, application and geography. The market by product type could span Secondary Indium, Primary Indium, and Type III. The “Primary Indium” segment led the Indium Market in 2015 and is anticipated to maintain its dominance by 2025 due to improved customer dependence and manufacturing capability for semiconductor and electronic products such as LCD displays, solders, flat screen television, touch screen devices, and computer monitors.

The key applications that could be explored in the Indium industry include Semiconductor, Indium Tin Oxide, and Solder and alloy. The “Indium tin oxide (ITO)” segment led the market in 2015 and is anticipated to maintain its dominance by 2025 due to increasing application in thin film photovoltaics, flat panel-liquid crystal displays, architectural windows, smart windows, and polymer-based electronics.

Asia-Pacific accounted for the major share of the Indium Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising demand and increasing domestic production. Furthermore, the other emerging countries in the region such as Japan and India have been observing notable economic development that is anticipated to impact the regional market.

Some of the key players that fuel the growth of the Indium industry comprise Avalon Advanced Materials Inc., 3M Company, Nitto Denko Corporation, Korea Zinc, Umicore Thin Film Products, Nystar N.V, ProTech materials, Inc., PPM Pure Metals GmbH, Touch International, Inc., and Indium Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Xylitol Market is Witnessing Advancements at a Highly Promising Pace

Global Xylitol Market is estimated to reach USD 1.37 billion by 2025 owing to the increased prevalence of unhealthy lifestyle caused diseases like obesity & diabetes and hastened demand for low calorie sweeteners. Xylitol is a natural sugar alcohol that prevents cavities. Other sugar alcohols like sorbitol and mannitol are widely used in sugarless products. Xylitol is the sugar alcohol that greatly prevents cavity. It contains equal amount of sweetness and sugar volume and the granulated substance can be used in different ways just like the sugar is used. For example sweetening the cereals, for baking, hot beverages, etc.

Xylitol is naturally found in low concentrations in the fruit fibers and vegetables like oats, berries and mushrooms. In short, xylitol is a sugar substitute and this market is projected to grow considerably in the years to come with a CAGR of 6.6%. The application of xylitol sugar substitute will continue to grow since it holds less calories as compared to the original sugar. This has stimulated the acceptance of xylitol in various food stuffs.

In-depth research report on Xylitol Market:

Studies on xylitol industry has analyzed the growing application of xylitol and this is one of the major factors for the growth of the market. Xylitol helps in losing weight and decontamination and therefore, it is being consumed by people in different forms across globe. Its consumption is high because it also acts as a dietary fiber that helps to maintain gastrointestinal system. It is also used in different products like baked foods, xylitol mints, chewable vitamins, mouthwash, toothpaste, and cough syrup due to its health-related benefits.

Globally, the rate of (BMI) body mass index and obesity is rising due to the change in lifestyle and unhealthy eating habits followed by the growing obese population due to lack of exercise. These major factors are expected to stimulate the growth of xylitol market in the forecast period. Additionally, it helps in reducing risk of contracting ENT-related & periodontal ailments and helps to maintain sugar level.

Over the years, producers are engaging themselves in continuous research and development activities for introducing new products and to cater to the growing demands for sugar-free products. Preventing the diabetes and obesity related health issues has become necessary among the growing population and this is triggering the growth of the market. However, the strict government regulations regarding xylitol as sweeteners are hindering the xylitol industry. Various regulatory bodies like food and drug association are following their own protocols concerning xylitol usage which is delaying the introduction of new xylitol infused products.

Apart from these, production of xylitol from corn cubs can be maintained well. Especially after harvesting corn, its cob can be used for the production of xylitol. The changing climate conditions are also predicted to affect the availability of sources; which, in turn, affects the entire production of xylitol. Also, for the production of xylitol, unadulterated xylose is required which is costly and has relatively less supply. Due to this, the price of xylitol is growing high which hampers the growth of xylitol market. Variation in supply and availability of substitute polyols like mannitol, sorbitol, and maltol among others are projected to act as a barrier to the growth of the market.

Xylitol industry is categorized on the basis of application and geography. On the basis of application, the market is divided into food and beverages (confectionaries, etc.), personal care, pharmaceuticals, and others. Geographically, the xylitol market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is a major consumer of Xylitol and is predicted to hold larger share of the market. This is followed by other countries as well due to the increasing population globally.

The prominent players in xylitol industry comprise Cargill Incorporated, DuPont, CSPC Shengxue Mitsubishi Shoji Foodtech Co., Ltd., Novagreen Inc., Glucose Co., Ltd., Shandong Futaste Co. Ltd., zuChem Inc., Roquette group, Zhejiang Huakang Pharmaceutical Co. Ltd, etc.

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Wednesday, September 16, 2020

Doxorubicin Market Insights: Growing Demand in Medical Sector

Global Doxorubicin Market is expected to reach USD 1.38 billion by 2024. Doxorubicin is an anticancer chemotherapy drug, a generic name for the trade name drug Rubex® and Adriamycin®. It is injected into a vein. It is an essential medicine on the World Health Organization's List, the safest and effective medicines needed in a health system. The Doxorubicin Market is estimated to grow at a significant CAGR of 6.4% over the forecast period as the scope and its applications are rising enormously across the globe.

Growing presence of cancer patients across the globe, increasing number of manufacturers in the market to control the shortage of drugs, and developed laboratories with the latest technological equipment’s for research are documented as the major driving factors for Doxorubicin Market. Also, inclusion of doxorubicin drug in several applications like neuroblastoma, AIDS-related Kaposi Sarcoma, and others may boost the overall market in the years to come.

In-depth research report on Doxorubicin Market:

However, side effects of drugs and high cost of treatment are the factors that may restrain overall market growth in the coming years. Doxorubicin Industry is segmented based on formulation, cancer type, distribution channel, and region. Doxorubicin injection and lyophilized doxorubicin powder are the formulations that could be explored in Doxorubicin in the forecast period.

There are several types of cancer like Leukemia, Breast Cancer, Stomach Cancer, Prostate Cancer, Bladder Cancer, Ovary Cancer, Lung Cancer, and others that could be explored in Doxorubicin in the forecast period. Breast cancer and prostate cancer accounted for the majority market share in 2017 and are estimated to lead the overall market in the years to come. This may be because of rising number of people suffering from breast and prostate cancer.

The market may be categorized based on distribution channel like E-Commerce, Retail Pharmacies, Hospitals Pharmacies, and others could be explored in the forecast period. Globally, North America accounted for the substantial market share of Doxorubicin in 2017 and is estimated to continue with its dominance in the near future. The reason behind the overall market growth could be presence of developed healthcare infrastructure, presence of key manufacturers in the region, and increasing number of cancer epidemiology. The United States is a major consumer of Doxorubicin in this region.

Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the fastest pace in the foremost period. The aspects that may be ascribed to the growth comprise rising pharmaceutical market, developing healthcare infrastructure and growing occurrence of cancer mainly gastric cancer and lung cancer among population. The developing countries like India, Japan, and China are the major consumers of Doxorubicin in this region.

The key players of Doxorubicin Market are Synbias Pharma, Pfizer Inc., MicroBiopharm Japan Co., Ltd., Johnson & Johnson Services, Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., and Meiji Seika Pharma Co., Ltd. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Polybutadiene Market Size Worth USD 5.83 Billion by 2025 | CAGR of 4.6%

The global Polybutadiene Market size is expected to value at USD 5.83 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand for synthetic rubber in automotive industry for tire manufacturing. The rise in demand for polybutadiene, as a low-cost solution with superior properties, thus replacing natural rubber, is expected to fuel the growth of the market. Some of the important properties of polybutadiene such as high abrasion resistance and high green strength makes it ideal choice for manufacturing of tires. Globally, the polybutadiene market is predicted to grow at a CAGR of 4.6% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

The polybutadiene is also widely used in polystyrene and acrylonitrile butadiene styrene (ABS) as an additive in order to enhance the toughness and green strength of the material. Other application of the polybutadiene includes golf balls and children’s toys. These factors are responsible of the growth of polybutadiene industry, in the recent years. The increasing demand for operational polybutadienes that are largely utilized in the manufacturing of automobile and construction adhesives are predicted to boost market growth over the forecast period.

In-depth research report on Polybutadiene Market:

Increase in the number of automotive and construction manufactures have completely incorporated petrochemical companies that are a present across the entire supply chain. Petrochemical industries produce raw materials required for various industrial application, while monomers of theses raw material are used in production of polybutadiene. Thus, manufacturing of polybutadiene is considered as cost-effective process with a continuous supply of raw materials.

Polybutadiene manufacturers have also started producing polymers, polyesters and elastomers along with production of petroleum products. Such factors are largely influencing market performance in the last couple of years. Polybutadiene production units utilizes butadiene in large amount. However, fluctuations in the cost of butadiene due to ever-changing cost of crude oil prices coupled with economic instability across the world are predicted to hamper the growth of polybutadiene industry, during this period; thereby affecting demand of the polybutadiene worldwide.

Additionally, numerous governmental initiatives and regulation regarding environmental hazards of waste materials during the production of polybutadiene is negatively hampering the market growth. Other factors obstructing the growth of polybutadiene market are health consciousness among general population and sustainability. Rise in air pollution is largely affecting environment and living beings. Numerous governmental laws and regulations to curb air pollution are expected reduce rate manufacturing of polybutadiene, in the years to come. Furthermore, manufacturers are largely shifting towards adoption of bio-based butadiene, thus replacing use of petroleum based products.

The polybutadiene is majorly categorized by four types based on the percentage of raw materials and their composition, such as high cis, low cis, high trans and high vinyl polybutadiene. Growing popularity of high cis derivative is attributed to high green strength and growth resistance. Polybutadiene is considered as a type of a synthetic rubber. Polybutadiene rubber is manufactured by performing polymerization of the monomer 1-butadene and 2-butadiene.

Properties such as a high resistance to wear is vital for manufacturing of tires. Around seventy percent of polybutadiene is utilized for the production tires across the globe. While, remaining twenty-five percent is utilized as an additive to improve the toughness and impact resistance of plastics like polystyrene and acrylonitrile butadiene styrene (ABS).

The polybutadiene industry is divided by region such as North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America has shown major growth in recent years owing to the presence of numerous petrochemical industries and existence of well-established automobile sector. Asia-Pacific region is predicted to hold major market share in the polybutadiene market with massive growth in forecast period.

Countries such as India, China and Japan are leading the Asia-Pacific market with presence of large-scale automotive manufactures, increase in the number of new cracker facilities, and substantial investment by leading industry players considering potential opportunities in the region. The key players in the polybutadiene industry are JSR Co., Reliance Industries Limited, Lanxess, Synthos S.A., LyondelBasell Industries, Trinseo S.A., Evonik Industries AG, Ube Industries Ltd., and Nippon Soda Corporations.

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Antacids Market Phenomenal Growth Prospects and New Business Opportunities

The scope of the global Antacids Market was appreciated at US$ 5.83 billion in 2017. The range is projected to touch US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the forecast. This could be due to increase in geriatric population encountering GERD (Gastroesophageal reflux disease), poor eating habits causing acidity, and the ill-effects of anti-inflammatory, non-steroidal drugs.

It’s a known fact that amongst the elderly populace, there is a recurrence of acidic complications. This comes across as a challenge for gastroenterologist as well as the primary care provider. Plus, these patients do suffer from disorders like erosive esophagitis, esophageal cancer, and Barrett esophagus. The treatment herein needs an amalgamation of therapies. This is where antacids come into picture.

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Besides, growth in e-Commerce is expected to drive demand for antacids via online retailing channels in the subsequent years. In other words, growing popularity on the part of e-Commerce coupled with increase in online medicine providers is expected to bolster the market. At the same time, restraints do exist in the form of intake by young children. “Gut” journal states that young children displayed obesity symptoms on intake of antacids. As far as infants are concerned, antacids are a strict “no-no”. Even during pregnancy antacids should be avoided as chances of pre-mature birth can’t be ruled out.

The antacids market is segmented on the basis of drug class, type of formulation, distribution channel, and geography. By drug class, the segmentation spans proton pump inhibitors, H2 antagonist (interventional/surgical simulators), and acid neutralizers. By type of formulation, the antacids industry comprises tablet, liquid, and powder. By distribution channel, it consists of retail pharmacies, hospital pharmacies, and the other distribution channels. By geography, the antacid market is segmented into North America, LATAM, Asia Pacific, Europe, and MEA.

The players contributing to the antacids market include Bayer AG, AstraZeneca PLC, Sanofi S.A., Reckitt Benckiser Group PLC, Procter & Gamble, Pfizer Inc., Johnson & Johnson, and Dr. Reddy’s Laboratories Ltd.

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