Molecular Cytogenetics Market and its Growth Landscape in the Foreseeable Future

Global molecular cytogenetics market is forecasted to attain revenue of $3.3 billion by 2023. The market is mainly driven by growing implementation of pharmacogenomics in personalized disease management and drug development, rising cancer cases, advancements in cytogenetic techniques, and rise in genetic-based prediction of chromosomal abnormalities.

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Based on offering, the molecular cytogenetics market has been categorized into consumables, software and services and instruments. Globally, the market for software and services is expected to register fastest growth, with CAGR of 10.5% during the forecast period. This can be attributed to rapid adoption of automation in laboratory process and rising preference for outsourcing of expensive services.

During the forecast period, the molecular cytogenetics market is expected to witness fastest growth in personalized medicine application, at a CAGR of 10.1%. This growth is attributable to rise in demand for precision medicine coupled with high investments in research and development.

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Some of the other key players operating in the molecular cytogenetics industry include Abbott Laboratories, Danaher Corporation, Bio-Rad Laboratories Inc., F. Hoffmann La-Roche AG, PerkinElmer Inc., Illumina Inc, Agilent Technologies Inc and NeoGenomics Inc.

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Industrial lubricants Market is Projected to Reach $68 Billion by 2024 Witness a CAGR of 4.3% by Global

Rising demand for a variety of manufactured finished goods as well as subsequent need for expanding production capabilities has influenced manufacturers to rely on different machinery to automate production process and processing functions.

On the basis of product, industrial lubricants market has been segmented into process oils, general oils, metalworking fluids, engine oils and others. Process oils is estimated to hold more than 20% share in the industrial lubricants market in 2017. Processed industrial lubricant is a special category of oil which finds wide application scope in a range of chemical as well as technical industries. Process oils are used as raw material as well as a processing aid in different end-use industries such as chemicals, rubber, and plastic. Increasing demand for chemicals, primarily in Asia-Pacific, is expected to drive their production.

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On the basis of application, global industrial lubricants market has been segmented into metalworking, textile, energy, chemical manufacturing, food processing, hydraulic and others. Chemical manufacturing will be the largest application area for industrial lubricants market, during the forecast period. Chemical manufacturing and processing plant operational challenges include temperature extremes, threat of contamination from other chemicals, continuous operation, water and particulates. Lubricants used in the chemical manufacturing application results in the lengthening of lubricant and equipment lifespan, reduced oil temperatures, reduced friction, heat, energy consumption and extended oil drain intervals.

Asia-Pacific is estimated to hold the largest share in the industrial lubricants market in 2017. The Asia-Pacific region is expected to be the fastest growing industrial lubricants market during the forecast period owing to high growth in the oil market, burgeoning population, rapid industrialization, and urbanization, coupled with strong growth in major end-use industries such as food processing, textiles, chemicals, and metalworking. The market presents several lucrative opportunities to innovators who tap into niche applications and introduce newer products with advantageous product characteristics.

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Growth of chemical manufacturing industry, particularly driven by top chemical manufacturing countries such as Germany, the UK, Russia and France are expected to drive the growth of industrial lubricants market. These lubricants are required for variety of applications such as fertilizer production, compressors, and rotatory machines. They help in optimizing the performance and operating life cycle of the equipment which is subjected to severe stress and wear & tear. Increasing demand for processed food & beverages owing to changing consumer preferences and busy lifestyle is expected to fuel the industrial lubricants market growth in food processing applications.

Growth of energy industry, particularly oil & gas and mining in North America is expected to be a key driving factor for industrial lubricants market growth in the region. These lubricants are required at every stage of the energy generation sector ranging from performance efficiency of the equipment to the availability at all times. 

Some of the major players operating in the global industrial lubricants industry are ExxonMobil Corp., Fuchs Group, The Lubrizol Corporation, Royal Dutch Shell, Phillips 66, Lucas Oil Products, Inc., Amsoil, Inc., Bel-Ray Co., Inc., Total S.A., Kluber Lubrication, Valvoline International, Inc., Chevron Corp., Clariant, Quaker Chemical Corp., Zeller+Gmelin GmbH & Co. KG, Houghton International, Inc., Castrol, Blaser Swisslube, Inc., Calumet Specialty Products Partners, L.P., Petronas Lubricant International, Idemitsu Kosan Co., Ltd. and Yushiro Chemical Industry Co., Ltd.

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Ceramic Matrix Composites (CMC) Market by Manufacturers, Regions, Type and Application, Forecast to 2024

The high cost of ceramic fibers has greatly influenced the market growth. Unlike the carbon fiber, which is used in most of the metal and polymer composites and thus, is produced in bulk, other ceramic fibers are produced in small quantities, which refrains them from enjoying the cost benefits of mass production. Ceramic matrix composites production being a high enthalpy process, adds up to the product cost, which makes it useful in applications such as defense, aerospace, thermal management, and other.

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On the basis of product, the ceramic matrix composites market has been segmented into oxide, silicon carbide (SiC), carbon, and others. SiC matrix composite has been holding the largest share in the ceramic matrix composites market, with an estimated contribution of over 25% in 2017. SiC composites were commercially developed a long time back and their higher oxidation resistance than carbon matrix composites has made them attractive for aerospace applications.

On the basis of application, the ceramic matrix composites market has been segmented into aerospace, defense, electrical and electronics, energy and power, and others. Of these, aerospace is estimated to be the dominating category in terms of share, during the forecast period. The major factor expected to propel the demand of CMC in defense applications is its lightweight material and good abrasion-resistance properties. Their excellent impact and tensile strength coupled with high hardness makes these composites apt for manufacturing bullet-proof armor, defense equipment, and insulation in small arms platforms. A majority of ceramic materials is transparent to specific types of light and kinetic energy, which make them suitable for applications in infrared domes, multi-spectral windows, and sensor protection.

North America is estimated to hold the largest share in the ceramic matrix composites market, accounting for more than 30% in 2017. This can be attributed to the presence of major aviation industries, their investment for developing ceramic matrix components for manufacturing aviation components, and private-public partnerships for upgrading defense and aerospace equipment. The growing demand for ceramic composites in the manufacturing sector of the U.S. has been identified as the future growth driver for the market. Ceramic matrix composites’ demand in the power and energy sector in North American countries is boosting the overall growth prospects of the market.

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In Asia-Pacific, the increasing expenditure on defense and space exploration projects has fueled the growth of the ceramic matrix composites market during the forecast period. Also, initiatives such as ‘Make in India’ have resulted in the growth of the manufacturing sector in this region. Growing defense and aerospace sectors along with increasing spending on construction of nuclear power plants, power distribution centers, utilities, and others, are expected to foster the market growth in the region.

Some of the major players operating in the global ceramic matrix composites industry are The 3M Company, Applied Thin Films, Inc., COI Ceramics Inc., General Electric, CoorsTek Inc., CeramTec, KYOCERA Corporation, Lancer Systems LP, SGL Carbon SE and Starfire Systems Inc.

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Insulation Market - Booming In Construction Industry Drives Demand for Thermal, Electric, Acoustic Insulation By 2025

Growth in the demand for insulation in residential and non-residential applications owing to the growing importance for energy conservation and rising energy costs are expected to trigger the growth of the market during the forecast period. Government initiatives to promote energy efficiency and sustainable development through insulating technologies are expected to further propel the insulation market growth.

On the basis of product, the insulation market has been segmented into glass wool, mineral wool, expanded polystyrene (EPS), extruded polystyrene (XPS), and others. Glass wool and EPS are estimated to hold more than 50% share in the market in 2017. Glass wool comprises glass fibers which are bound systematically into a structure similar to wool, and it is lighter as compared to rock wool. It is a thermal insulator consisting of flexible and knotted glass fibers, which trap air inside, resulting in low density and is produced in slabs and rolls along with several other favorable mechanical properties.

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On the basis of application, global insulation market has been segmented into residential construction, non-residential construction, industrial, heating, ventilation, and air conditioning (HVAC) & original equipment manufacturer (OEM). Of these, the residential construction category is estimated to hold the largest share during the forecast period. The extent of insulation for residential construction is dependent on the design of the building, personal preferences, climate, and energy costs and budget. The selection of insulation strategy for any construction is based on the process of energy transfer that occurs within it, and the potency and orientation of energy flows, which may vary from day-to-day or season-to-season basis.

Europe is estimated to hold the largest share in the insulation market, with more than 25.0% revenue contribution in 2017. The high demand for insulating materials from residential buildings is expected to drive the European insulation market growth during the forecast period. Increasing energy costs and high awareness among consumers regarding the benefits of insulating are expected to have a positive impact on the market growth in the region.

North America is characterized by a strong presence of the insulating materials industry participants. Companies in the region have developed high quality insulating products for usage in commercial, industrial, and residential applications. They have achieved core competencies in a range of insulating materials such as EPS and XPS and have vertically integrated to optimize production and streamline the value chain. Strong distribution network of these companies coupled with broad portfolio is expected to aid the growth of the insulation market in the region, over the next seven years.

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In the Middle East and Africa (MEA), regulatory standards for construction, some of which stem from environmental policies, have pushed contractors to develop efficient ways to source special materials and supplies, such as thermally insulating materials. Also, manufacturers are resorting to the use of insulating materials to reduce operational costs of equipment, which in turn is likely to foster the growth of the insulation market in the region.

Some of the major players operating in the global insulation industry are GAF Materials Corporation, Guardian Building Products Inc., Huntsman Corporation, Johns Manville, Cellofoam North America Inc., CertainTeed Corporation, ROCKWOOL International A/S, Dow Building Solutions, Owens Corning, Atlas Roofing Corporation, Saint-Gobain S.A., Byucksan Corporation, and Kingspan Group.

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Spunbound Nonwovens Market Outlook, Opportunity Analysis, and forecast 2023

Spunbound nonwovens market is projected to reach $17,651.9 million by 2023,The market growth is mainly driven by the rising demand for these fabrics for the manufacturing of hygiene and personal care products, such as diapers, wipes, sanitary napkins, underpads, and personal wipes.

Spunbound nonwoven is a fabric made by bonding staple fibers and long fibers together. In the spunbound manufacturing process, fibers are spun and dispersed into a web using deflectors, which form a continuous fabric known as spunbound nonwoven.

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In terms of value, polypropylene has been contributing the largest share to the spunbound nonwovens market, owing to its relatively low cost and high strength as compared to other material types. Some of the major products manufactured using polypropylene are baby, female, and adult hygiene diapers; drapes; bags; surgical disposables; and wipes. Medical is expected to be the fastest-growing application area in the spunbound nonwovens market in the coming years. The growing penetration of healthcare services and rising healthcare expenditure are boosting the demand for these fabrics in the medical industry.

Globally, APAC has been leading the spunbound nonwovens market in terms of value and is estimated to hold more than 40.0% share in the market in 2017. China, India, and Japan are among the world’s most populated countries and generate high demand for the fabric for the manufacturing of personal hygiene products. Also, rapid industrialization in these countries is expected to boost the consumption of the fabric in automotive, building and construction, and packaging industries. Besides, growing population and expanding industrial base are expected to contribute to the growth of the market in APAC.

Additionally, countries such as Japan, Germany, and Italy are witnessing rapid growth in their geriatric population, which is likely to boost the demand for adult incontinence products. Due to the aforementioned factors, the global spunbound nonwovens market is expected to witness considerable growth during the forecast period.

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Countries like China, India, Nigeria, Indonesia, Poland, and Malaysia have witnessed rapid economic transformation in the past few decades. Majority of these nations have a high population growth rate along with improved standard of living. These factors make these developing countries suitable markets for personal care and hygiene, and medical products. Besides, these countries have fast-growing construction and automotive industries, which are major end users of spunbound nonwovens. Hence, developing countries with a high economic growth rate are expected to contribute to the spunbound nonwovens market growth.

Some of the major players operating in the global spunbound nonwovens market are PEGAS NONWOVENS SA, Mitsui Chemicals Inc., Kimberly-Clark Corporation, Berry Global Inc., Toray Industries Inc., Schouw & Co., Johns Manville Corporation, Asahi Kasei Corporation, Radici Partecipazioni SpA, and DowDuPont Inc.

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Air Quality Monitoring Market Scenario, Leading Players, Segments Analysis and Growth Drivers to 2022

The air quality monitoring market size is set to reach $6.0 billion by 2022, growing at a CAGR of 8.8% between 2016-2022. The AQM market is primarily driven by increasing level of air pollution across the globe, increasing awareness regarding environmental and healthcare implications of air pollution and favorable government regulations for AQM.

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In terms of product type, the AQM market has been segmented into indoor air quality monitor and outdoor air quality monitor. The indoor monitor accounted for the major share in the global market in 2015, whereas the outdoor monitor market is expected to witness the highest growth during 2016 – 2022.

In terms of pollutant type, the AQM market has been segmented into chemical pollutant, biological pollutant and physical pollutant. The chemical pollutant segment accounted for the major share in the global market in 2015, and it is also expected to witness the highest growth during 2016 – 2022.

In terms of sampling method, the AQM market has been segmented into continuous AQM, manual AQM, passive AQM, intermittent AQM. The continuous sampling method of AQM accounted for the major share in the global market in 2015, and it is also expected to witness the highest growth during 2016 – 2022.

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In terms of end-user, the AQM market has been segmented into government agencies & academic institutes, commercial & residential users, petrochemical industry, power generation plants, pharmaceutical industry and others. The government agencies & academic institutes segment accounted for the major share in the global market in 2015, and commercial & residential users is expected to witness the highest growth during 2016 – 2022.

Some of the major players operating in the AQM market include Thermo Fisher Scientific Inc., Merck KGaA, Teledyne Technologies Incorporated, HORIBA, Ltd., Emerson Electric Co., General Electric Company, TSI Incorporated, 3M Company, and Siemens AG.

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Dental Adhesives and Sealants Market Growth And Demand Forecast To 2023

The global dental adhesives and sealants market is a vital market owing to the increase in the need of proper oral treatment. Dental adhesives are used to ensure that denture is at its place during daily activity. They are applied in diverse formulations such as powders, liquids, wafers, creams and pads. Similarly, dental sealants are barriers that help in preventing cavities. Plastic resins are primarily used to make this material and is usually applied on the chewing surface of the back of a tooth as they are most susceptible to oral decay.

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The global dental adhesives and sealants market is expected to showcase a significant growth of during the forecast period (2017-2023). This market growth can be attributed to the increase in improper food habits in the younger generation and the rising aging population in countries like Japan and China. Additionally, the rising population and the increasing concern of the people regarding oral care is further expected to drive the dental adhesives and sealants market during the forecast period.

The market for dental adhesives and sealants on the basis of their form is segmented as water based, solvent based, radiation cured and others. The radiation cured form of dental adhesives and sealants dominates the dental adhesives and sealants market owing to its high dentin bond strength. Additionally, the market on the basis of dental application is segmented as denture bonding agents, pit & fissure sealants, restorative adhesives, orthodontic bonding agents, luting cements, tray adhesives and dental surgical tissue bonding.

The key trend observed in the study includes factors such as the improper food habits and the increasing awareness related to proper oral hygiene. Oral diseases are a major health concern owing to their higher prevalence and their effects on the individual’s quality of life. According to the World Health Organisation “Promotion of oral health is a cost-effective strategy to reduce the burden of oral disease and maintain oral health and quality of life.” Periodontal disease, dental caries, malocclusion and oral cancer are among the most prevalent dental diseases affecting people worldwide. 

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The key driver observed in the study includes the increasing number of the patient pool for dental care. Accessing dentistry for both primary and secondary care can help identify the type of dental disease. Primary care like oral maxillofacial surgery whereas secondary care such as orthodontic problems can increase the demand for dental diagnosis, in turn, driving the growth of the dental adhesives and sealants market.

The global dental adhesives and sealants market has a lot of potential scope in it. The major players in the dental adhesives and sealants market are adopting significant competitive strategies such as mergers, acquisitions and joint ventures to hold a competitive stance in the global dental adhesives and sealants market.

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