The carbon fiber market size has the potential to grow by $ 2.01 bn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of carbon fiber market
Market Competitive Analysis
The market is concentrated. DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Formosa Plastics Corp., and Hexcel Corp. are some of the major market participants. Although the increasing demand for fuel-efficient vehicles will offer immense growth opportunities, the high competition from substitutes will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this carbon fiber market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this carbon fiber market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The globalsepsis therapeutics market is poised to experience a stellar growth over the next five years fueled by increasing number of strategic alliances between the leading drug manufacturers for the treatment of sepsis.
The global sepsis therapeutics market is expected to grow at a CAGR of more than 6% during the forecast
Sepsis therapeutics industry growth is expected to accelerate massively over the next five years driven by the high prevalence of sepsis. Sepsis is the human body’s systemic inflammatory response to microbial infections which results in impaired blood flow and damages the organs. Antibiotics and vasopressors are the most commonly available medications for the treatment of sepsis. The increased incidence of sepsis in old people as well as people with chronic conditions such as diabetes, lung disease, cancer, and kidney disease are likely to add substantially to the growth of the global sepsis therapeutics market. Technavio’s sepsis therapeutics industry analysis reveals promising markets around the world.
The Americas will be the largest driver of growth for the global sepsis therapeutics market
About 43% of the incremental growth of the global sepsis therapeutics market will originate from the Americas during the forecast period, while EMEA and APAC will make notable contributions to the market growth. The Americas also held the largest share of the global sepsis therapeutics market of almost 45%, followed by EMEA and APAC respectively. However, APAC is forecasted to generate the fastest growth in the global sepsis therapeutics market over the next five years while EMEA will register a lower CAGR than the Americas during the same period.
The software-defined storage market size has the potential to grow by USD 42.79 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
Market Competitive Analysis
The market is fragmented. The key vendors in the market are focusing on product development to expand their geographical reach and increase their market shares. Broadcom Inc., Cisco Systems Inc., and Citrix Systems Inc. are some of the major market participants. Although the surge in cloud adoption will offer immense growth opportunities, implementation challenges will restrict the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this software-defined storage market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this software-defined storage market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The N95 respirators market size in APAC is expected to grow by USD 64.34 million as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. A steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 9%.
The global outbreak of COVID-19 has had a significant impact on the global healthcare system, resulting in an increased demand for personal protective equipment (PPE) such as masks, especially N95 respirators. However, this development has led to a shortage of this product in healthcare facilities. Therefore, governments across the region are providing support to manufacturers to ramp up the production of N95 respirators in a bid to overcome the existing shortage. In a recent development, due to the increasing incidence of COVID-19 in the country, the Government of India banned the export of body overalls, N95 respirators, and 2-3 ply masks. This ban is aimed to ensure that there is a sufficient supply of these products, to meet the domestic demand.
The market is driven by the rising prevalence of pandemic diseases. In addition, the increase in sale of N95 respirators through e-commerce channels is anticipated to boost the growth of the N95 respirators market.
The widespread transmission of pandemics, such as Typhus and Influenza, has always been a major concern across the globe. The recent COVID-19 outbreak has further alleviated this concern, especially in APAC. As of March 26, 2020, South Korea had 4,966 active cases of people, while China had 3,947 active with a total of over 80,000 cases of people infected from COVID-19. The number is still expected to increase. To prevent the transmission of such diseases, countries across APAC have started taking several precautionary measures, which includes the use of N95 respirators. These respirators can filter out at least 95% of very small (0.3 microns) particles, which, in turn, makes them capable of filtering out all types of particles, including viruses and bacteria. Hence, the growing incidence of pandemic diseases will increase the popularity of N95 respirators to prevent the spread of these diseases, thus, supporting the growth of the N95 respirators market in APAC.
Major Five N95 Respirators Companies:
3M Co.
3M Co. has its business operations under various segments, such as safety and industrial, transportation and electronics, healthcare, consumer, and corporate and unallocated. The company offers a line of NIOSH approved products such as Particulate Respirator 8210, N95 160 EA/Case that provides at least 95 percent filtration efficiency against certain non-oil based particles.
Ansell Ltd.
Ansell Ltd. operates its business through two segments, such as industrial and healthcare. The company offers a range of NIOSH N95 approved products such as GAMMEX N95 Respirator and Surgical Mask, that filters to 0.1 microns and protects from the from the harmful effects of surgical smoke.
Hogy Medical Co. Ltd.
Hogy Medical Co. Ltd.focuses on the manufacture and sales of expendable medical supplies. The company offers HPR-R and HPR-S N95 masks, which have a filtration rate of 95%.
Honeywell International Inc.
Honeywell International Inc. operates its business through various segments, such as aerospace, Honeywell building technologies, performance materials and technologies, and safety and productivity solutions. The company offers a line of products such as 801 N95 disposable mask to protect from airborne particulates.
JIANGSU TEYIN IMP & EXP Co. Ltd.
JIANGSU TEYIN IMP & EXP Co. Ltd. offers a range of professional masks such as dust masks, disposable masks, respiratory masks, folded masks, surgical masks. Some of the major offerings of the company includes the CE FFP1 DUST MASK, CE FFP3 RESPIRATORY MASK, and NIOSH N95 DISPOSABLE MASK.
In-vitro diagnostics constitutes instruments and consumables that aid in conducting in-vitro tests on various biological samples to diagnose medical conditions. These products are used to perform diagnostic tests from simple to sophisticated DNA technology to cure or mitigate diseases. As per the latest market research report published by Technavio, the in-vitro diagnostics market size will grow close to USD 23.12 billion during 2019-2023. Get the free sample report below for the detailed information.
Technological advances have transformed in-vitro diagnostics by incorporating next-generation tabletop and hand-held diagnostics that work on genes. Advanced cutting-edge technologies like POC testing, next-generation sequencing, near-patient testing, increased automation, hospital laboratory management, and customer relationship management has revolutionized the in-vitro diagnostics sector by providing an accurate and precise diagnosis at rapid rates. Continuous R&D to introduce enhanced technologies will drive the growth rate of the market.
For instance, in October 2018, Abbott introduced next-generation influenza A & B 2 and Strep A 2 molecular assays for POC testing. These tests effectively detect influenza virus in <13 minutes through simplifying and streamlining procedures.
The vendors are also focused on providing customized solutions through advancements in genomic technologies, which have contributed to the growth of personalized treatment care. Hence, technological advances in in-vitro diagnostics will fuel the growth of the global in-vitro diagnostics market size at a CAGR of 6.73% during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.
Technavio has been monitoring the global bioplastic packaging market since 2014 and the market is poised to grow by USD 5.01 billion during 2019–2023, progressing at a CAGR of about 18% during the forecast period.
The market is driven by the increase in the use of bioplastic packaging by end-users. In addition, the adoption of innovative materials for the manufacturing of bioplastic packaging is anticipated to further boost the growth of the bioplastic packaging market.
There is an increase in consumer preference for biodegradable material-based products owing to growing awareness of the pollution that is causing damage to the environment. Many end-users including food processing companies and retailers are opting to package their products in bioplastic packaging materials. For instance, supermarket chains are replacing plastic bags with biodegradable bags such as bioplastic packaging. Thus, the increase in the use of bioplastic packaging by end-users is expected to drive market growth during the forecast period.
Amcor Limited is headquartered in Switzerland and owns and operates businesses under the segments, Flexibles and Rigid Plastics. The company offers a wide range of products such as Packpyrus, NaturePlus Renewable PE, and NaturePlus Compostable PLA. It also offers Bemis Encompass and Encore Recyclable Film.
BioPak
BioPak is headquartered in Australia and manufactures and offers products through the business unit, Compostable packaging. The company offers 360ml Clear Tumbler BioCup, Pizza Slice Natural Clamshell, ByoCups, 4oz White BioCup, 8oz White BioCup, and 4oz Leaf BioCup. The company also offers Art Series BioCup and 8L BioCheckout Bag.
Eco Friendly Product — NTIC
Eco Friendly Product — NTIC, is headquartered in the US and has business operations under the segments, ZERUST and Natur-Tec. The company offers 13 Gallon Natur-Bag Retail Pack, 39 Gallon Natur-Bag, 58 Gallon Natur-Bag, and 3 Gallon Natur-Bag. The company also offers Medium Natur-Bag Shopper and Retail Pack.
GOOD NATURED PRODUCTS INC.
GOOD NATURED PRODUCTS INC. is headquartered in Canada and offers products through the business segments, Food packaging and Home and business products. The company offers 01-Count, 360˚ Clear View, 05-Count, 360˚ Clear View Tiered, Various Count Rippled Side Tray, and Various Count Rippled Bottom Tray.
TIPA
TIPA is headquartered in Israel and offers a wide range of products through its business segment, Flexible packaging solutions. The company offers fully compostable flexible packaging and bio-based packaging solutions.
The used car market in the US has the potential to grow by 4.25 million units during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
Market Competitive Analysis
The market is concentrated. The key players in the market are focusing on product innovation and R&D activities to expand their geographical reach and increase their market presence. Cox Automotive Inc., eBay Inc., Pendragon Plc, Penske Automotive Group Inc., and TrueCar Inc. are some of the major market participants. Although the growing penetration of websites dedicated to selling used cars will offer immense growth opportunities, the increasing import duties on used cars from Mexico will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this used car market forecast in the US provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this used car market analysis in the US also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The global medical tapes and bandages market is expected to post a CAGR close to 4% during the period 2019–2023, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the growing demand from critical care and trauma care facilities. Urgent care and trauma care centers are the primary end users of medical tapes and bandages as they are dedicated centers that offer ambulatory care services, such as the primary treatment of injuries and illness, that takes place outside the emergency care department. These centers are witnessing increasing patient traffic as these centers offer immediate treatment for medical emergencies. Thus, the demand from major trauma care centers will fuel the demand for medical bandages and tapes, thereby driving market growth.
As per Technavio, the development of nanomaterial-based wound therapy products and smart bandages will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global medical tapes and bandages market2019–2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019–2023.
Global Medical Tapes and Bandages Market: Development of Nanomaterial-Based Wound Therapy Products and Smart Bandages
Advances in nanotechnology have helped to attract the attention of wound therapy product manufacturers toward the application of nano materials in wound therapy products. Nano materials can help to address the complications associated with non-healing wounds and their chronic nature. Nanotechnology-based therapies in wound care are aimed at the efficient repair of damaged tissues and facilitation of the healing process. Currently, researchers across the world are focusing on the development of smart bandages made from nano particles, which exhibit antibacterial properties, or directly incorporate nano particles to bandages that can be loaded with wound healing drugs and growth factors such as interleukin and platelet-derived growth factor. Wound-healing drugs can be released in a controlled manner to the affected area and boost the skin regeneration process. The focus is on using nano particles such as zinc oxide, silver nano particle, and chitinous nano composite as advanced dressing materials. The increasing focus on the development of such smart drug delivery systems and the use of nanocomposites for bandage manufacturing are expected to offer growth opportunities in advanced wound care therapies during the forecast years.
“Apart from the development of nanomaterial-based wound therapy products, the rising number of surgical procedures worldwide, the increasing incidence of sports injuries and chronic wounds, and the significant demand from the geriatric population are some other major factors that are expected to boost market growth during the forecast period,” says a senior analyst at Technavio.
The global varactor diode market is expected to grow at a CAGR of 10.56% during the forecast period. Based on the application, the global varactor diode market has been segmented into consumer electronics, satellite communication, EW equipment, and others. As per the latest market research report published by Technavio, the global varactor diode market size will grow by over USD 334.9 million by 2023. Get the free sample report below for the detailed information.
In the consumer electronics segment, the demand for varactor diodes is driven by the integration of varactor diodes into mobile computing devices, DVD recorders, and TV tuners. The demand for varactor diodes in the consumer electronics segment is driven by the increasing demand for mobile computing devices incorporating advanced technologies and high-definition TVs. It is also driven by the increased investments in 5G technology.
In APAC and EMEA, the demand for low-cost smartphones manufactured by Chinese vendors is high. Developing countries, such as China and India, are becoming potential markets for low-cost smartphones. The introduction of 5G technology will enable OEMs to integrate advanced features in smartphones. This will necessitate the integration of varactor diodes into smartphones to achieve the desired carrier frequency. Hence, the consumer electronics segment was the largest segment in the global varactor diode market during the forecast period.
The beverage can ends market size is expected to post a CAGR of over 3% during the period 2019-2023, according to the latest market research report by Technavio.
The increasing demand for sustainable packaging solutions is one of the major reasons for the beverage can ends market growth. Consumers are increasingly becoming aware of the benefits of using sustainable and recyclable packaging solutions. This has encouraged manufacturers, particularly from the F&B industry to use materials that use lesser energy. Thus, the preference for materials such as aluminum and steel for the manufacture of beverage can ends has increased. Furthermore, governments across many countries are implementing sustainable business practices to reduce their carbon footprint, which will contribute to the growth of the market.
As per Technavio, the development of innovative beverage can ends will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Beverage Can Ends Market: Development of Innovative Beverage Can Ends
The development of innovative beverage can ends is identified as one of the major market trends that will boost growth. Manufacturers are offering innovative packaging which attracts consumers visually and is also easy to use. Moreover, they are providing beverage can ends in various user-friendly designs, and colors.. These new designs with incised, and embossed pull-tab ends help beverage manufacturers to brand their product and deliver brand messaging, thereby assisting in marketing and brand recognition.
“Factors such as the increased focus on lightweight beverage can ends, and stringent government regulations on use of non-biodegradable plastics will have a significant impact on the growth of the beverage can ends market value during the forecast period,” says a senior analyst at Technavio.
Beverage Can Ends Market: Segmentation Analysis
This market research report segments the beverage can ends market by material (aluminum and steel) and geographical regions (APAC, EMEA, and Americas). The Americas led the market in 2018, followed by APAC and EMEA respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth, followed by the EMEA region.
Market Analysis Insights 