Blow Molded Plastics Industry Overview

The global blow molded plastics market size is anticipated to reach USD 98.7 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 3.3% over the forecast period. The global industry is expected to witness significant growth over the forecast period owing to increasing product demand from various application industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing these plastics, which has enabled manufacturers to cater to specific requirements of several application industries, such as automotive, building & construction, packaging, and others.

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Blow Molded Plastics Market Segmentation

Grand View Research has segmented the global blow molded plastics market on the basis of product, technology, application, and region:

Based on the Technology Insights, the market is segmented into Extrusion, Injection, Stretch, Compound.

The extrusion blow molding technology segment led the market and accounted for a 37.0% share of the global revenue in 2020. The extrusion process is comparatively cheaper than other processes and hence majorly utilized in bulk manufacturing of packaging products, bottles, and cans.

The cost of extrusion blow mold is lower than the injection blow mold due to the lower pressure requirement in the former. The machinery costs are also lower for the extrusion process, which is an added advantage.

Injection blow molding offers the advantage to manufacture more complex products in several designs and shapes that otherwise would be impossible or difficult with other technologies and the cost of the end products would be considerably higher as well. This process enables companies to increase their production output in a relatively shorter time along with flexibility, in terms of design and materials that can be used.

Stretch blow molding technology is used for the production of high-clarity and -quality bottles and has limited use in the industry. The demand for compound blow molding technique is majorly driven by the automobile industry as this is used for manufacturing extremely high-performance customized auto components.

Based on the Product Insights, the market is segmented into Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others.

The Polyethylene (PE) product segment led the market and accounted for more than 20.0% share of the global revenue in 2020. This significant share is attributed to the increased use of PE compounds in the packaging and electrical & electronics industries.

Apart from the packaging industry, construction is one of the leading applications for PE compounds. Polyethylene is used for prototype development on Computer Numerical Control (CNC) machines and 3D printers. High-density Polyethylene (HDPE) offers easy processing at low cost, a good moisture barrier, and holds the ability to produce opaque and hollow packaging products.

The demand for Polyethylene Terephthalate (PET) in packaging is expected to gain traction over the forecast period. Recent developments in PET bottle disposal and recycling have offset the limitations caused by regulations.

Moreover, the development of bio-based PET is expected to provide the much-needed scope for internal substitution, thereby driving its demand in various applications. It is widely used in the plastic bottling of soft drinks and for specialty bottling, such as bottling of beer. It is an ideal material for flexible food packaging and thermal insulation owing to some of its properties.

Based on the Application Insights, the market is segmented into Packaging, Consumables & Electronics, Automotive & Transport, Building & Construction, Medical, Others.

The packaging application segment led the market and accounted for more than 39% share of the global revenue in 2020 owing to increased use of packaging products as a result of high consumerism in emerging economies.

The packaging industry is driven by the rising demand for personal protective kits, face masks, face shields, and others along with high consumerism in emerging economies. The growth of the packaging industry is projected to boost the demand for plastic compounds, such as PE and PET in the future.

Various regulatory bodies have stipulated guidelines regarding packaging materials in food contact applications. Bisphenol A (BPA), which is often employed to produce plastics and epoxy resins, has been under great regulatory scrutiny, particularly due to its presence in plastics used in packagings, such as PVC and polycarbonate.

Sales of these goods are highly dependent on the buying habits of the consumer and hence directly affect the overall market dynamics. Growing population, economic development, and improved purchasing power in the emerging markets are likely to boost the sales of consumer goods, thereby propelling the market growth.

Blow Molded Plastics Regional Outlook

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Most of the key players operating in the market have integrated their raw material production and distribution operations to maintain product quality and expand their regional presence. This provides companies a competitive advantage in the form of cost benefits, thus increasing the profit margins. Companies are undertaking R&D activities to develop new industrial plastics to sustain market competition and meet the changing end-user requirements.

Some prominent players in the global blow molded plastics market include

Magna International, Inc.

International Automotive Components (IAC) Group

Inpress Plastics Ltd.

Comar, LLC

Rutland Plastics Ltd.

Gemini Group, Inc.

The Plastic Forming Company, Inc.

Agri-Industrial Plastics

Garrtech, Inc.

Creative Blow Mold Tooling

North American Plastics, Ltd.

Custom-Pak

APEX Plastics

INEOS Group

Berry Global, Inc.

Dow Inc.

LyondellBasell Industries Holdings B.V.

Order a free sample PDF of the Blow Molded Plastics Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Peptide Therapeutics Industry Overview

The global peptide therapeutics market size is expected to reach USD 68.7 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2022 to 2030. Increasing demand for efficient and rapid-acting therapeutics for the treatment of cancer and other lifestyle-associated disorders, which result in lesser adverse effects, is anticipated to propel market growth. The rising incidence of cancer calls for exploring and introducing other means of therapies and low-cost treatment alternatives is expected to drive the market. Moreover, the growing geriatric population is expected to widen the consumer base by triggering the incidence rate of target diseases such as cancer and diabetes, which is expected to drive the demand for peptide therapeutics.

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Peptide Therapeutics Market Segmentation

Grand View Research has segmented the global peptide therapeutics market by application, type, type of manufacturers, route of administration, synthesis technology, and region:

Based on the Application Insights, the market is segmented into Cancer, Metabolic, Cardiovascular Disorder, Respiratory, GIT, Antiinfection, Pain, Dermatology, CNS, Renal, Others.

The metabolic segment dominated the market with a revenue share of over 35.0% in 2021.

The prevalence of metabolic disorders is rapidly increasing. Sedentism, unhealthy eating habits, and excessive alcohol consumption have all contributed to an increase in the incidence of these disorders.

Cancer emerged as the second-largest segment in 2021. The significant components responsible for this segment growth are rising cancer prevalence worldwide and increased prescription of peptide therapeutics for cancer treatment. Increased demand for efficient and fast-acting therapeutics is expected to fuel growth during the forecast period.

Based on the Type Insights, the market is segmented into Generic, Innovative.

The innovative segment dominated the market in 2021 with a revenue share of over 60.0% owing to the increased R&D investments by large pharmaceutical companies in the discovery and development of new drugs and high prescription rates. The market is divided into generic and innovative segments based on type.

The generic segment is expected to grow at a rapid pace during the forecast period. Rising healthcare spending and increased federal government healthcare spending are expected to drive generic drug adoption. The loss of patents on many branded drugs is also believed to be a key factor driving the generic segment.

Based on the Type of Manufacturers Insights, the market is segmented into In-house, Outsourced.

The in-house manufacturing segment held the largest revenue share of over 65.0% in 2021. Most of the key players are involved in developing peptide therapeutics in-house owing to stringent regulations and the high cost of outsourcing. As large pharmaceutical companies have proper infrastructure for large-scale production and advanced technology, these companies prefer in-house manufacturing.

The outsourcing activities for manufacturing are also estimated to grow during the forecast period due to difficulties in manufacturing therapeutics with high-quality standards. The companies prefer to outsource the Active Pharmaceutical Ingredient (API) from companies having high-end technology and expertise for manufacturing various types of peptides.

Peptide manufacturing is a complex procedure and it requires advanced technologies such as Solid-Phase Peptide Synthesis (SPPS), Liquid-Phase Peptide Synthesis (LPPS), or Hybrid for purification and synthesis of high-quality products, which results in the high cost of manufacturing.

Based on the Route of Administration Insights, the market is segmented into Parenteral Route, Oral Route, Pulmonary, Mucosal, Others.

The parenteral route of administration dominated the market in 2021 with a revenue share of over 80.0%. This is attributed mainly to the high adoption rate, faster delivery of drugs, and ease of application. The biopharmaceuticals giants are continuously exploring new methods of drug delivery pertinent to peptides.

Novel drug delivery technologies are now being assessed for efficacy with engineered molecules having advanced PEGylation in an attempt to improve drug delivery performance and patient compliance through better modes of drug delivery. Patient compliance and acceptability are major advantages of the oral route of drug administration.

The pulmonary route is acknowledged for peptide and protein administration owing to the physiological characteristics of the respiratory system. Several proteins and peptides are currently undergoing clinical trials and awaiting approval via pulmonary usage.

Based on the Synthesis Technology Insights, the market is segmented into Solid Phase Peptide Synthesis (SPPS), Liquid Phase Peptide Synthesis (LPPS), Hybrid Technology.

The LPPS segment dominated the market with a share of over 45.0% in 2021 owing to the rising demand for pure peptides for the development of efficient therapeutics. However, issues such as higher consumption of time are responsible for shifting consumers’ preferences to faster and more effective methods such as SPPS.

SPPS lowers the synthesis time and is used in a wide range of production procedures. Moreover, higher efficiency during the synthesis of longer peptides is another driver for the market. Furthermore, associated automation, scalability, and enhanced control over the physicochemical properties of peptides are expected to drive the market over the forecast period.

Hybrid technology is expected to witness lucrative growth in the years to come owing to associated benefits such as compatibility with both liquid-phase synthesis and solid-phase synthesis.

Peptide Therapeutics Regional Outlook

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The development of new products and technological advancements are key strategies undertaken by the companies to gain market position. Moreover, increasing collaborations for undertaking trials of new drugs are estimated to increase competitive rivalry.

Some prominent players in the global peptide therapeutics market include

Eli Lilly and Company

Pfizer, Inc.

Amgen, Inc.

Takeda Pharmaceutical Company Limited

Teva Pharmaceuticals Industries Ltd.

Lonza Inc.

Sanofi

Bristol-Myers Squibb (BMS)

AstraZeneca PLC

GlaxoSmithKline plc (GSK)

Novartis AG

Novo Nordisk A/S

Order a free sample PDF of the Peptide Therapeutics Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Medical Plastics Industry Overview

The global medical plastics market is anticipated to reach USD 88.40 billion by 2030, registering a CAGR of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by the increasing demand for existing and new medical technologies, the aging population, and the growth in medical device applications. Plastics are increasingly becoming a vital part of medical devices as they offer better biocompatibility and optical clarity, and are economical to use.

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Medical Plastics Market Segmentation

Grand View Research has segmented the medical plastics market based on product, application, and region:

Based on the Product Insights, the market is segmented into Polyethylene (PE), Polypropylene (PP), Polycarbonate (PC), Liquid Crystal Polymer (LCP), Polyphenylsulfone (PPSU), Polyethersulfone (PES), Polyethylenimine (PEI), Polymethyl Methacrylate (PMMA), Others.

Polyphenylsulfone (PPSU) dominated the global market in the product segment and accounted for more than 51.0% overall revenue share in 2021. Polyphenylsulfone exhibits good heat and chemical resistance, which makes it ideal for the replacement of metals in medical applications.

These plastics possess high flexural strength, impact resistance, and durability and are ideal for producing single- and multi-use surgical instruments. Its high-temperature resistance makes it suitable for medical devices that need to be steam-sterilized repeatedly. These plastics are increasingly being used in surgical robots and biopharmaceutical processing.

Polypropylene (PP) is used for manufacturing protective packaging and medical equipment due to its high toughness and durability.

Furthermore, the strong chemical bonds make it suitable for manufacturing medical components including disposable syringes, connectors, finger-joint prostheses, non-absorbable sutures, reusable plastic containers, pharmacy prescription bottles, clear bags, beakers, test tubes, and others.

Based on the Application Insights, the market is segmented into Medical Device Packaging, Medical Components, Orthopedic Implant Packaging, Orthopedic Soft Goods, Wound Care, Cleanroom Supplies, BioPharm Devices, Mobility Aids, Sterilization and Infection Prevention, Tooth Implants, Denture Base Material, Other Implants, Others.

The medical components segment dominated the application segment for the global market and accounted for the largest revenue share of more than 40.0% in 2021.

The growing application scope of PP in the manufacturing of diagnostic devices, trays, pans, containers, syringes, implant trials, and medical cover sheets is expected to drive the demand.

Polypropylene is expected to witness substantial growth in medical components application owing to its low weight, high bacterial and chemical resistance, and low cost. It has a wide scope of application in medical disposable manufacturing.

Mobility aids are the second biggest segment where plastics are used. The usage of plastics for developing mobility aids is expected to grow significantly due to the increasing geriatric population worldwide. Technological advancements and rising expenditure in the healthcare industry are expected to further drive the market.

This is expected to increase the global consumption of plastics such as acrylonitrile butadiene styrene (ABS), PEEK, and polycarbonate (PC).  The usage of plastics in mobility aids such as wheelchairs, drinking aids, and bath seats is expected to not only contribute to the surged product demand but also toward using plastics as substituents for metals in different medical applications owing to their lightweight.

Medical Plastics Regional Outlook

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The global market key players operating in the market are Solvay S.A. Celanese Corporation, Eastman Chemical Company, Dow, SABIC, and Evonik Industries AG, along with a few medium and small regional players. Established players are developing new products through R&D suitable for medical applications.

Some prominent players in the global medical plastics market include

Röchling SE & Co. KG

Nolato AB

Saint-Gobain Performance Plastics

SABIC

Orthoplastics Ltd

Eastman Chemical Company

Celanese Corporation

Dow

Tekni-Plex

Solvay S.A.

HMC Polymers

ARAN BIOMEDICAL TEORANTA

Trelleborg AB

Avantor Inc

Trinseo

Evonik Industries AG

Order a free sample PDF of the Medical Plastics Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Ultra High Molecular Weight Polyethylene Industry Overview

The global ultra-high molecular weight polyethylene market is anticipated to reach USD 5.59 billion by 2030, growing at a CAGR of 12.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing demand from medical & prosthetics application is expected to significantly drive the market growth during the forecast period. Ultra-high Molecular Weight Polyethylene (UHMWPE) has been witnessing increasing acceptance as prosthetics in the medical industry for the past few years.

This rising acceptance can be attributed to its favorable physical and chemical properties such as higher flexibility as compared to metals and superior strength. Technological advancements have resulted in prosthetics having a longer operational life and being more comfortable for the users. Over the recent years, market participants have taken active steps to process UHMWPE and improve its properties. The product is majorly used for hip, knee, and spine implants.

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Ultra High Molecular Weight Polyethylene Market Segmentation

Grand View Research has segmented the global ultra high molecular weight polyethylene market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Medical-grade & Prosthetics, Fibers, Sheets, Rods, Others.

The medical grade & prosthetics product segment led the ultra-high molecular weight polyethylene market and accounted for more than 33.0% of the global revenue in 2021.

UHMWPE is a material with long chains with extremely pliable and good impact strength. Besides, these materials have less weight as compared to metal materials. These properties have increased the product demand in medical applications in the past few years. This trend is projected to continue over the forecast period.

Moreover, UHMWPE's use in joint replacement surgeries on account of its versatility and effectiveness is further projected to fuel the product demand over the forecast period. The rising aging population, lack of fitness, and changing lifestyle are majorly contributing to the increasing number of joint replacement surgeries across the globe, which, in turn, is projected to create demand for UHMWPE over the forecast period.

UHMWPE sheets are extensively used to solve wear, friction, and material flow challenges in various application industries. This material sheet is distinguished owing to its outstanding sliding properties, high impact strength, extreme wear resistance, and high chemical resistance.

Based on the Application Insights, the market is segmented into Medical-grade & Prosthetics, Filtration, Batteries, Fibers, Additives, Membranes, Others.

The medical grade & prosthetics application segment led the ultra-high molecular weight polyethylene market and accounted for more than 33.0% of the global revenue in 2021. The growing geriatric population, especially in North America and Europe, is presumed to play a critical role in shaping the medical grade & prosthetics market over the forecast period.

UHMWPE is a durable polymer that is ideally used as a stable porous medium for general and fluid-based environments. Higher product prices make it affordable, mostly in developed regions such as North America and Europe. Reliability and favorable regulations are expected to benefit the market demand in the filtration industry.

UHMWPE has gained popularity in lead-acid battery separators in the past few years. Its higher molecular weight compared to conventional HDPE, PVC, glass fiber, and cellulose separators is expected to drive the global demand for UHMWPE over the forecast period.

UHMWPE is used as an additive in the engineering plastics and rubber industry. They are used to enhance lubricity and are also used in certain coatings.

Ultra High Molecular Weight Polyethylene Regional Outlook

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The raw materials used in the manufacture of UHMWPE along with their affiliated costs play a significant role in determining the price of the product. As a result, the prices of raw materials such as ethylene and polyethylene terephthalate are expected to play a vital role in the market over the forecast period.

Some prominent players in the global ultra high molecular weight polyethylene market include

Celanese Corporation

LyondellBasell Industries Holdings B.V.

Koninklijke DSM N.V.

China Petrochemical Corporation

Mitsubishi Chemical Advanced Materials Group

LianLe Chemical Corporation

Crown Plastics, Inc.

Braskem

Asahi Kasei Corporation

Dotmar Engineering Plastics

Honeywell International, Inc.

Mitsui Chemicals, Inc.

TSE Industries, Inc.

Garland Manufacturing Company

Order a free sample PDF of the Ultra High Molecular Weight Polyethylene Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Blow Molded Plastics Industry Overview

The global blow molded plastics market size is anticipated to reach USD 98.7 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 3.3% over the forecast period. The global industry is expected to witness significant growth over the forecast period owing to increasing product demand from various application industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing these plastics, which has enabled manufacturers to cater to specific requirements of several application industries, such as automotive, building & construction, packaging, and others.

https://www.grandviewresearch.com/industry-analysis/blow-molded-plastics-market?utm_source=theprose&utm_medium=referral&utm_campaign=rahulnikade_27july22_blow_molded_plastics_rd

Blow Molded Plastics Market Segmentation

Grand View Research has segmented the global blow molded plastics market on the basis of product, technology, application, and region:

Based on the Technology Insights, the market is segmented into Extrusion, Injection, Stretch, Compound.

The extrusion blow molding technology segment led the market and accounted for a 37.0% share of the global revenue in 2020. The extrusion process is comparatively cheaper than other processes and hence majorly utilized in bulk manufacturing of packaging products, bottles, and cans.

The cost of extrusion blow mold is lower than the injection blow mold due to the lower pressure requirement in the former. The machinery costs are also lower for the extrusion process, which is an added advantage.

Injection blow molding offers the advantage to manufacture more complex products in several designs and shapes that otherwise would be impossible or difficult with other technologies and the cost of the end products would be considerably higher as well. This process enables companies to increase their production output in a relatively shorter time along with flexibility, in terms of design and materials that can be used.

Stretch blow molding technology is used for the production of high-clarity and -quality bottles and has limited use in the industry. The demand for compound blow molding technique is majorly driven by the automobile industry as this is used for manufacturing extremely high-performance customized auto components.

Based on the Product Insights, the market is segmented into Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others.

The Polyethylene (PE) product segment led the market and accounted for more than 20.0% share of the global revenue in 2020. This significant share is attributed to the increased use of PE compounds in the packaging and electrical & electronics industries.

Apart from the packaging industry, construction is one of the leading applications for PE compounds. Polyethylene is used for prototype development on Computer Numerical Control (CNC) machines and 3D printers. High-density Polyethylene (HDPE) offers easy processing at low cost, a good moisture barrier, and holds the ability to produce opaque and hollow packaging products.

The demand for Polyethylene Terephthalate (PET) in packaging is expected to gain traction over the forecast period. Recent developments in PET bottle disposal and recycling have offset the limitations caused by regulations.

Moreover, the development of bio-based PET is expected to provide the much-needed scope for internal substitution, thereby driving its demand in various applications. It is widely used in the plastic bottling of soft drinks and for specialty bottling, such as bottling of beer. It is an ideal material for flexible food packaging and thermal insulation owing to some of its properties.

Based on the Application Insights, the market is segmented into Packaging, Consumables & Electronics, Automotive & Transport, Building & Construction, Medical, Others.

The packaging application segment led the market and accounted for more than 39% share of the global revenue in 2020 owing to increased use of packaging products as a result of high consumerism in emerging economies.

The packaging industry is driven by the rising demand for personal protective kits, face masks, face shields, and others along with high consumerism in emerging economies. The growth of the packaging industry is projected to boost the demand for plastic compounds, such as PE and PET in the future.

Various regulatory bodies have stipulated guidelines regarding packaging materials in food contact applications. Bisphenol A (BPA), which is often employed to produce plastics and epoxy resins, has been under great regulatory scrutiny, particularly due to its presence in plastics used in packagings, such as PVC and polycarbonate.

Sales of these goods are highly dependent on the buying habits of the consumer and hence directly affect the overall market dynamics. Growing population, economic development, and improved purchasing power in the emerging markets are likely to boost the sales of consumer goods, thereby propelling the market growth.

Blow Molded Plastics Regional Outlook

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Most of the key players operating in the market have integrated their raw material production and distribution operations to maintain product quality and expand their regional presence. This provides companies a competitive advantage in the form of cost benefits, thus increasing the profit margins. Companies are undertaking R&D activities to develop new industrial plastics to sustain market competition and meet the changing end-user requirements.

Some prominent players in the global blow molded plastics market include

Magna International, Inc.

International Automotive Components (IAC) Group

Inpress Plastics Ltd.

Comar, LLC

Rutland Plastics Ltd.

Gemini Group, Inc.

The Plastic Forming Company, Inc.

Agri-Industrial Plastics

Garrtech, Inc.

Creative Blow Mold Tooling

North American Plastics, Ltd.

Custom-Pak

APEX Plastics

INEOS Group

Berry Global, Inc.

Dow Inc.

LyondellBasell Industries Holdings B.V.

Order a free sample PDF of the Blow Molded Plastics Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Ceramic Armor Industry Overview

The global ceramic armor market size is estimated to reach USD 3.04 billion by 2025, according to a new report by Grand View Research, Inc., presenting a 7.2% CAGR during the forecast period. The market is driven by increasing unrest among countries, cross-border disputes, and terrorist activities, which creates the need for advanced protection systems for soldiers as well as combat vehicles. Advancements in material technologies and manufacturing techniques are driving adoption of ceramic as armor materials.

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Ceramic Armor Market Segmentation

Grand View Research has segmented the global ceramic armor market based on material, application, platform, and region:

Based on the Material Insights, the market is segmented into Alumina, SiC, Ceramic Metal Composite, Boron Carbide, Others.

In 2016, alumina dominated the market in terms of revenue as the material is widely used by armor manufacturers. Alumina provides cost - benefit ratio, which features high refractoriness, high modulus of elasticity, and high hardness. Boron carbide is primarily used in ceramic plates, which are used in armored helicopters and body armors to protect against smaller projectile.

Stringent regulations have been laid down for the use of armor materials owing to their criticality of operations. Design and performance standards are governed by various regulatory authorities. For instance, in the U.S., the performance of materials used for armors is subject to compliance with standards given by the National Institute of Justice (NIJ).

Based on the Platform Insights, the market is segmented into Defense, Homeland Security, Civilians.

The civilian segment is expected to witness significant growth over the forecast period. Governments across regions are considering passing laws on the use of body armor by civilians, owing to increasing terror attacks and public mass shootings.

The defense sector accounts for the largest share in the ceramic armor market as the material finds wide application in the defense sector, for protection of soldiers, vehicles, and building infrastructure.

Demand from homeland security is primarily driven by increasing levels of violence in major parts of the world. Ceramic is used in body armors to provide protection to firefighters and rescue teams against unprecedented attacks and violence.

Based on the Application Insights, the market is segmented into Body Armor, Aircraft Armor, Defense Armor, Marine Armor.

Increasing defense spending and extent of militarization in major countries of the world have stimulated demand for high - performance products and materials. Defense agencies are focusing on enhancing their capabilities owing to increasing cross - border instability and war - like situations.

In 2017, the defense segment dominated the market in terms of revenue and is estimated to retain its dominance over the forecast period owing to high demand for advanced ceramic armor in defense applications. Moreover, focus on soldier safety and soldier survivability is boosting demand for modular tactical vests and double - sided combat uniforms.

The body segment is expected to register the highest growth, attributed to demand for the same from homeland security departments across the globe. In U.S. and Europe, there is an increasing trend of providing body armor to first responders such as firefighters, police officers, and Emergency Medical Service (EMS) personnel.

Ceramic Armor Regional Outlook

North America

Europe

Asia Pacific

South America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Vendors also form contractual relationships with defense agencies for long - term product supply. For instance, in March 2018, Ceradyne Inc. received an order worth USD 34 million from the U.S. army for the continuous supply of Integrated Head Protection Systems (IHPS) ballistic helmets. This investment increased the company’s IHPS contract value to over USD 52 million.

Some prominent players in the global ceramic armor market include

Ceradyne (U.S.)

SAAB AB (Sweden)

ArmorWorks (U.S.)

CeramTec (Germany)

CoorsTek Inc. (U.S.)

Koninklijke Ten Cate BV (Netherlands)

M Cubed Technologies (U.S.)

Olbo & Mehler (Germany)

Safariland LLC (U.S.)

Order a free sample PDF of the Ceramic Armor Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Arbitrary Waveform Generator Industry Overview

The global arbitrary waveform generator market size is expected to reach USD 557.8 million by 2025, registering a CAGR of over 9% from 2019 to 2025, according to a new report by Grand View Research, Inc. The growing number of applications of these generators across numerous end-use sectors is expected to drive the arbitrary waveform generator (AWG) market growth over the forecast period. There has been a considerable rise in the investments and R&D activities carried out in various sectors, including healthcare, telecommunications, and aerospace & defense, which have led to the introduction of sophisticated and technologically advanced equipment. As a result, AWGs are expected to be the standard for the simulation of waveforms owing to the high complexity of electronic systems.

https://www.grandviewresearch.com/industry-analysis/arbitrary-waveform-generator-market?utm_source=theprose&utm_medium=referral&utm_campaign=rahulnikade_26july22_arbitrary_waveform_generator_rd

Arbitrary Waveform Generator Market Segmentation

Grand View Research has segmented the global arbitrary waveform generator market on the basis of product, technology, application, and region.

Based on the Product Insights, the market is segmented into Single-channel, Dual-channel.

The dual-channel AWG segment is expected to emerge as the highest revenue generating segment by 2025. These generators are increasingly being preferred over their counterparts to serve a wide range of applications.

The growing preference for this type can be attributed to benefits such as better synchronization as compared to single-channel variants and the ability to combine the output of both the channels.

The single-channel AWG segment is anticipated to grow at a substantial CAGR over the next six years. Advantages associated with the use of single-channel AWG, such as cost-effectiveness as compared to the dual-channel variants, are leading to increased adoption of these AWGs.

The demand for this type is also increasing owing to the presence of a user-friendly interface. Additionally, such generators are being widely used in communication systems, which require narrowband channels.

Based on the Technology Insights, the market is segmented into Direct Digital Synthesis (DDS) AWG, Variable-clock AWG, Combined AWG.

The combined AWG segment is expected to exhibit the fastest growth over the next six years. They form a combination of both, DDS and variable-clock technology, and thereby, exhibit the advantages of both technologies in a single unit of test equipment.

The revenue generated by the Direct Digital Synthesis (DDS) AWG segment was estimated to be almost USD 140 million in 2018 and the segment is projected to witness substantial growth from 2019 to 2025. The technology has been a preferred choice for waveform generation over the past few years.

The benefits offered by this technology include enhanced ability to perform real-time frequency sweeps, convenient usage, and cost-effectiveness. Additionally, most manufacturers prefer the DDS technology for waveform generation owing to its constant clock rate. The constant clock rate allows them to use high-performance and cost-effective filters for the removal of digital artifacts from the output signals.

Based on the Application Insights, the market is segmented into Telecommunications, Education, Healthcare, Electronics, Industrial, Others.

The telecommunications segment is anticipated to generate the highest revenue, surpassing USD 120 million, by 2025.

The industry is witnessing an increase in the demand for AWGs for testing complex semiconductor components, which are embedded in the electronic devices used in wireless technologies. Furthermore, modern communication systems, such as Wi-Fi and LTE, also require testing. This is expected to drive the demand for these generators in the telecommunications sector.

The education segment is expected to emerge as the fastest-growing application segment, exhibiting a CAGR of over 11% from 2019 to 2025. Increasing use of AWGs by lab managers and professors in institutions and universities for signal measurement of various equipment is expected to drive the industry growth.

Arbitrary Waveform Generator Regional Outlook

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The competition in the global AWG market is intense owing to its consolidated nature, where a few players hold a strong position in the market.

Some prominent players in the global arbitrary waveform generator market include

B & K Precision Corporation

DynamicSignals LLC

Fluke Corporation

Keysight Technologies

National Instruments

Pico Technology

RIGOL Technologies Inc.

Rohde & Schwarz

Stanford Research Systems Inc.

Teledyne LeCroy

Tektronix, Inc.

Yokogawa Electric Corporation

Order a free sample PDF of the Arbitrary Waveform Generator Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Concrete Reinforcing Fiber Industry Overview

The global concrete reinforcing fiber market size is expected to reach USD 3.96 billion by 2030, registering a CAGR of 6.8% during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for lightweight non-corrosive materials in the construction industry is expected to boost product demand in the forecast period. The advantages offered by the reinforcing fibers in concrete include widening of joint spacing and reduction in slab thickness. In addition, they also in reducing the spalling at joint edges and the overall formation & maintenance cost. The aforementioned benefits offered by the product are expected to augment its demand in heavy-load operating structures such as runways, aircraft, and warehouses.

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Concrete Reinforcing Fiber Market Segmentation

Grand View Research has segmented the global concrete reinforcing fiber market based on product, application, and region:

Based on the Product Insights, the market is segmented into Polyethylene, Polypropylene, Steel, Basalt, Others.

Polyethylene (PE) fiber reinforced concrete accounted for 8.43% of the market in terms of revenue in 2021 due to limitations in the production of such products with high-stress resistance. However, increasing R&D by manufacturers to improve product properties concerning stiffness and strength is expected to drive the product demand over the forecast period.

Polypropylene (PP) reinforced product has exhibited a growing trend of the replacement of steel on account of attributes such as easy handling, lightweight, corrosion resistance, and rapid dispersion. In addition, the use of the product in earthquake-prone areas aids in the reduction of human casualties, leading to high adoption levels.

Rising demand for steel fiber reinforced concrete for manufacturing tunnel linings, pipes, and septic tanks is likely to propel demand over the projected period. In addition, these fibers are used for repairing existing pavements to reduce thickness, smoothen riding surface, and improve impact resistance which accounts for the high-volume usage of the product.

Basalt fiber is non-hazardous and environment-friendly which leads to its high use in the developed economies. In addition, the application of the basalt-based products in concrete results in up to 40% reduction in delamination of concrete.

Based on the Application Insights, the market is segmented into Infrastructure, Building & Construction, Industrial.

The products are used in the majority of the constructions including infrastructure, residential, and commercial. Initiatives taken by major manufacturers to produce lightweight macro-polymers with superior chemical stability are expected to open up new avenues for growth across various construction activities over the forecast period.

The market for concrete reinforcing fiber in the building and construction segment is expected to grow at a CAGR of 5.7% in terms of volume from 2016 to 2030, owing to properties such as crack management and permeability reduction in various structures. High demand for the product in foundations, grade slabs, floorings, basements, walls, etc. is expected to drive growth.

Ascending demand for rigid floors and walls in industrial construction on account of heavy-duty operations is expected to boost the consumption of fiber reinforced concrete.

Concrete Reinforcing Fiber Regional Outlook

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The market for concrete reinforcing fiber is characterized by the presence of established players with a strong financial base, due to the capital-intensive nature of the production process. The companies operate through the manufacturing facilities at multiple locations with the distribution being carried out at several sales locations across the area of operation.

Some prominent players in the global concrete reinforcing fiber market include

BASF SE

Bekaert

CEMEX S.A.B. de C.V.

Sika AG

ABC Polymer Industries, LLC

Nycon Corporation

Ultratech Concrete

Owens Corning

FORTA Corporation

The Euclid Chemical Company

Order a free sample PDF of the Concrete Reinforcing Fiber Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Medical Device Coating Industry Overview

The global medical device coating market size is expected to reach USD 18.96 billion by 2027, expanding at a CAGR of 8.3% from 2020 to 2027, according to a report by Grand View Research, Inc. Rising demand for coatings to protect the surfaces of different medical devices, such as cardiovascular, neurovascular, and gynecological, is expected to drive the demand for medical device coating over the forecast period.

https://www.grandviewresearch.com/industry-analysis/medical-device-coatings-market?utm_source=theprose&utm_medium=referral&utm_campaign=rahulnikade_26july22_medical_device_coating_rd

Medical Device Coating Market Segmentation

Grand View Research has segmented the global medical device coating market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Hydrophilic, Antimicrobial, Drug-eluting, Anti-thrombogenic, Others.

In terms of revenue, antimicrobial coatings dominated the market with a share of 31.5% in 2019. This is attributed to their low cost and high compatibility with various device materials, including metal, plastic, carbon fiber, composite materials, and stainless steel.

Hydrophilic coatings are expected to expand at the fastest CAGR of 8.7% in terms of revenue from 2020 to 2027 owing to widespread usage in medical devices, including cardiac pacemakers and high lubrication. Furthermore, benefits including optical clarity and ability to with-stand maintenance procedures, such as storage, sterilization, and cleaning, will drive the product demand.

Based on the Application Insights, the market is segmented into Neurology, Orthopedics, General Surgery, Cardiovascular, Dentistry, Gynecology, Others.

The cardiovascular application segment held the largest revenue share of 26.4% in 2019 on account of the rising preference for implants and cardiac pacemakers. Furthermore, increasing demand for drug-eluting coatings for coronary stents will fuel the segment growth.

Increasing usage of these devices in light of growing geriatric population and unhealthy dietary habits, coupled with a sedentary lifestyle, will increase the occurrences of cardiovascular diseases. Furthermore, favorable government policies including reimbursement coverage and increasing healthcare spending will augment the growth of the cardiovascular segment over the forecast period.

In terms of revenue, general surgery emerged as the second-largest application segment in 2019 and is expected to witness significant growth in the forthcoming years. This is attributed to rising usage of the product in various parts including CPU, graphic cards, hard disks, and chipsets.

Other factors including rapid urbanization, rising income, and changing lifestyles will further augment the segment growth in coming years.

Medical Device Coating Regional Outlook

North America

Europe

Asia Pacific

Central and South America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The overall market is fragmented due to the presence of large- and small-scale manufacturers. Medical device coatings manufacturers aim to intensify market positions by widening their customer base. Furthermore, these manufacturers are focusing on distribution, new product launches, technology licensing, contract manufacturing, mergers &acquisitions, and partnerships to gauge existing as well as future demand patterns from various application sectors.

Some prominent players in the global medical device coating market include

SurModics Inc.

Sono-Tek Corp

DSM

Hydromer, Inc.

Biocoat, Inc.

Specialty Coating Systems, Inc.

Covalon Technologies Ltd.

Order a free sample PDF of the Medical Device Coating Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Thermal Interface Materials Industry Overview

The global thermal interface materials market is projected to reach USD 4.86 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.4% during the forecast period, according to a new report by Grand View Research, Inc. The increasing use of electrical equipment and electronic gadgets is expected to boost the market for thermal interface materials during the forecast period.

https://www.grandviewresearch.com/industry-analysis/thermal-interface-materials-market?utm_source=theprose&utm_medium=referral&utm_campaign=rahulnikade_26july22_thermal_interface_materials_rd

Thermal Interface Materials Market Segmentation

Grand View Research has segmented the Thermal Interface Materials market based on product, application, and region:

Based on the Product Insights, the market is segmented into Tapes and films, Elastomeric Pads, Greases and Adhesives, Phase change materials, Metal-Based, Others.

Thermal greases and adhesives led the market with a share of over 34.2% in 2021, owing to their widespread usage in consumer products and high thermal resistance.

The elastomeric pads are expected to have a significant share in the market on account of their easy assembly as compared to greases. The handling mechanism is also improved with elastomeric pads as fewer chances of weakening the interface resistance exist.

Compared to other product segments, phase change materials are expected to have a high compounded annual growth rate of 11.8%. As the demand for cooler buildings grows, it finds its most common application in construction.

Elastomeric pads are expected to register significant growth during the forecast period, owing to their easy handling and installation techniques used for thermal conductivity in electrical and electronic components.

These interface materials are majorly used for applications of indispensable gels, gap filling and insulating pads, adhesive tapes, and greases.

Based on the Application Insights, the market is segmented into Telecom, Computer, Medical devices, Industrial machinery, Consumer Durables, Automotive Electronics, Others.

The computers application segment accounted for a significant share of over 24.5% in 2021 on account of increasing utilization in office end-use. The affordable prices of desktops have revolutionized the demand and supply of the product.

The telecom application segment for product utilization is expected to witness significant demand in the estimated time, owing to the increasing preference for a digital and cashless economy. The banks, e-commerce, utilities, and media are reliant on the telecom industry for their business and are its lifeline.

Higher thermal insulation, dissipation, and conductance are all challenges in medical electronics and other industries, and the products address them. Polymer matrix composites, metal matrix composites, and carbon composites are the three broad categories.

The material’s other application is found in medical devices, industrial machinery, consumer durables, and automotive electronics, among others. Additionally, the advanced cockpit technology makes the material ideal for aerospace components.

Thermal Interface Materials Regional Outlook

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The global thermal interface materials market is characterized by the presence of multiple small and large-scale manufacturers. To cater to the value chain aspects of their business, the companies have considered diversifying and integrating their business processes.

Some prominent players in the global thermal interface materials market include

The 3M Company

Henkel

Indium Corporation

Fujipoly

The Dow Chemical Company

Honeywell International Inc.

SIBELCO

Shin-Etsu

Order a free sample PDF of the Thermal Interface Materials Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter