Bone Graft Substitutes Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Bone graft substitutes are the materials used for the replacement of the missing bones or gum tissues in the body, It fills the null place of body parts such as knee, wrist, ribs were the bone is absent. The use of bone can be replaced from a donor body or it can be manmade. The common types of bone graft are allograft, xenograft, alloplast and autograft which comes from a bone inside the body, such as hips, pelvis, ribs, or wrist were allograft bone comes from a dead patron that has been cleaned and stored in a tissue bank. Allografts are tissues of the donors of same spices given to the recipient but are not identical were as they are used in knee, hip, or long bone reconstruction dental surgery, and plastic surgery this process is also known as Allotransplantation. Bone graft are synthetic type of a naturally-occurring product Variety of bone graft are available for use in spine fusion surgery, Bone graft substitute is use in lumbar spinal fusion surgery to eliminate the need to yield the patient own bone. Bone graft substitutes are used in spinal fusion surgery, which are categorized into three main areas, Demineralized Bone Matrix (DBM), Bone Morphogenetic Proteins (BMP) and Synthetic bone graft extenders.

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The bone graft substitute is osteoinductive, biocompatible, bioresorbable structurally similar to bone and are easy to use and cost-effective. Bone graft substitute are used in Dental implants, fibular shaft and others. The sources of bone graft are Osteoconduction, Osteogenesis, Osteopromotion, and Osteoinduction. This are the biological mechanisms that provide a basis for bone grafting. The spinal fusion surgery is the most common surgery in this were it is used to correct hitches with the small bones of the vertebrae. Spinal fusion removes motion between vertebrae and it also prevents the stretching of nerves, ligaments and muscles  it is an option when motion is the source of pain, such as movement that occurs in a part of the spine were as spinal fusion may relieve symptoms including spinal stenosis, fracture, spondylolisthesis were vertebral compression fractures (VCFs) is the common fracture in patients having osteoporosis.

Bone Graft Substitutes Market segments:

Global Bone Graft Substitutes Market by Application

• Spinal Fusion
• Dental Bone Graft
• Craniomaxillofacial
• Joint Reconstruction
• Trauma

Global Bone Graft Substitutes Market by Product type

• Allografts
• Polymer-based bone graft
• Synthetic Bone Graft
• Bone Morphogenic Proteins (BMP)
• Ceramic-based bone graft
• Cell-based Matrices

Global Bone Graft Substitutes Market by Region

• North America
• Asia-Pacific
• Europe
• Latin America
• Europe

Increase in spinal fusion, osteoporosis procedures around the globe will be the leading factor for the growth of bone graft substitutes market

The increasing in population and growing prevalence of bone and joint disorders are the main factors boosting the worldwide bone grafts substitutes market. According to National Osteoporosis Foundation (NOF) it is expected the number of cases with osteoporosis will cross 61 million by 2020. Also, as per National Spinal Cord Injury Center in U.S, Researchers have assessed that in 2015, nearly 12500 new spinal cord injury (SCI) occur each year whereas approximately 240,000 and 337,000 people are living presently with SCI.  Additionally International Osteoporosis foundation (IOF) estimated that around 50% of all osteoporotic hip fractures will arise in Asia by the year 2050.

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In India IOF estimated the number of osteoporosis patients are to be approximately 26 million while the numbers projected to rise to 36 million by 2013. In Japan the total number of hip fractures is forecast to be approximately 238,000 that in 2030. As per IOF estimated that each year in Europe around 179,000 men and 611,000 women will suffer with hip fracture and Switzerland Between 2000-2020. Where in UK the rate of treating all osteoporotic fractures in women has been forecast to increase to more than 2£ billion by 2020. Venezuela It is estimated that in 2030 there will be approximately 67 hip fractures per day also Japan to be 153,000 per year in 2010 and 238,000 in 2030.

Key players for Bone Graft Substitute market includes:

Geistlich North America Inc., Medtronic BioHorizons IPH, ACE Surgical Supply Company, Stryker Corporation, RTI Surgical, Inc. LifeNet Health, Institut Straumann AG, acesurgica supply CO.Inc. DePuySynthes etc.

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Ultra-pure Sulfuric Acid Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Ultra-pure sulfuric acid (UPSA) is a microelectronic chemical reagent that is used for removing particles, inorganic content, and carbon deposited in the water. Ultra-pure sulfuric acid finds wide application in the electronic devices and semiconductors industries and thus, is also called electronic grade sulfuric acid. Parts per billion (ppb) and parts per trillion (ppt) are the two grade of UPSA. Ppt is the purest grade of UPSA acid. Ppb grade UPSA is mainly used for small units, whereas, Ppt grade USPA is widely used in cleaning and printing application in semiconductors industry. The raw materials for the manufacturing of UPSA acid are sulfur, water, air, and sulfur dioxide. The semiconductors end-use segment is expected to gain rapid traction in the near future. This is mainly attributed to increasing demand for advanced electronic devices and gadgets.

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Ultra-Pure Sulfuric Acid Market Taxonomy

On the basis of grade, Ultra-pure sulfuric acid market is classified into:

• Parts per billion (ppb)
• Parts per trillion (ppt)

On the basis of End User, Ultra-pure sulfuric acid market is classified into:

• Semiconductors
• Pharmaceuticals

Upsurge in growth of semiconductors industry augmenting market growth

Performance of the ultra-pure sulfuric acid market is directly proportional to demand for semiconductor in the electronics industry. Ultra-pure sulfuric acids are high purity chemicals that are mainly used mostly in the electronics industry for cleaning and etching applications of semiconductors and printed circuit boards. The large use of ultra-pure sulfuric acid to clean silicon wafers in order to meet high quality demand of semiconductor industry is the main driving force for the growth of ultra-pure sulfuric acid market and is expected to sustain growth of the market over the following years. Astronomical rise of the electronics sector in emerging economies of India and China, further creates a highly conducive environment for growth of the ultra-pure sulfuric acid market.

Ultra-Pure Sulfuric Acid Outlook - Asia-Pacific is the largest and fastest growing region, globally

Asia-Pacific is expected to be the largest region in the global ultra-pure sulfuric acid market due to increasing technological advancements and growing semiconductor industry in the region.  This region is expected to dominate the market through 2025. This is due to the growing consumption of electronic devices due to increasing population in the region. Furthermore, the region has emerged as a major manufacturing hub for electronic chemicals and materials due to economies of scale on offer in the region. North America and Europe are losing their market share due to the saturation of market. Increasing industrialization and urbanization in Middle East countries will promote the demand for ultra-pure sulfuric acid over the following years.

Rampant growth in demand for electronic devices creating favorable growth environment for the market

The growing electronic devices industry, and increase in adoption of various organic and inorganic growth strategies by the major and local players are the major drivers for the growth of the ultra-pure sulfuric acid market. However, the fluctuations in the currency exchange rates of Japan is considered as the major restraining factor, as the country is a dominant market for ultra-pure sulfuric acid.

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There are various inorganic and organic growth strategies being adopted by major players in the market to ensure sustainable growth in this highly competitive market. For instance, BASF, based in Germany, has planned to build an Ultra-pure sulfuric acid plant at Zhapu in Zhejiang Province, China, in partnership with Jiahua Energy Chemical, which would be commissioned by 2018. The major players in ultra-pure sulfuric acid market include Tampa Electric, Chemtrade  Refinery, The Mosaic, Lucite International, Climax Molybdenum, Valero Energy, Solvay, DuPont, Akzonobel N.V, BASF,US Petrochemical, Shell, Avantor Performance Materials, Indian Oil Corporation Ltd., Ineos Enterprises, PVS Chemicals Inc., Moses Lake Industries, Sigma-Aldrich Co. LLC, KMG Chemicals Inc., Kanto Chemical Co. Inc. Linde Group, Reagent Chemicals, and Ineos Enterprises.

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Orthopedic Power Tools Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Orthopedic medicine majorly deals with the prevention and treatment of the impairments caused due to any type of physical injury and birth-related disorders of the musculoskeletal systems. Orthopedic power tools are electrical devices that are used in orthopedic surgeries to drill holes through the bones to aid with implants fixation during an orthopedic surgery. Orthopedic power tools are integral part of the modern orthopedic operations that provides more precision, higher accuracy resulting in greater pace of the surgeries. Thus, using orthopedic power tools over conventional surgical tools are highly preferred nowadays. Furthermore, the orthopedic power tools can also be used in case of wound management of pulse lavage to treatment of bone fractures. Orthopedic power tools provides several advantages as they are light weight, easy to assemble, economically viable and highly modular in nature. Due to consistent development in the field of orthopedics, surgical power tools have been very popular in the global orthopedic power tools market.

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Rise in the rate of fractures and prevalence of osteoporosis worldwide is expected to fuel growth of the global orthopedic power tools market

The National Osteoporosis Society of England reported over 300,000 fragility fractures in the U.K. in 2014. The report also suggests 1 in 2 women and 1 in 5 men over the age of 50 will suffer a fracture at some point in their lives. Many of such damages could be cured with appropriate treatment, suggesting high probabilities of growth in global orthopedic power tools market. In addition to this, the changing demographics of the world population estimates that by 2050, around half of the hip fracture incidence would be reported in Asia, leading to marginal growth of market globally.

The global orthopedic power tools market can be segmented on the basis of technology, product type and geographical regions

On the basis of technology,

• Pneumatic Powered Systems
• Electric Powered Systems
• Battery Operated Powered Systems

Based on the product type,

• Large Bone Orthopedic Power Tools
• Small Bone Orthopedic Power Tools
• High Speed Orthopedic Power Tools
• Orthopedic Reamers

On the basis of regional segmentation, the orthopedic power tools market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America holds the highest share in terms on sales in the global orthopedic power tools industry. This owes to rapid technological advancement and increase in volume of orthopedic procedures. Additionally, rise in incidence rate of osteoporosis is projected to fuel growth of the orthopedic power tools market in countries such as China, Japan and Australia

Stimulation of global orthopedic power tools market driven by technological advancements and rise in geriatric population

The global orthopedic power tools market is majorly driven by high prevalence of osteoporosis and orthopedic injuries. According to the International Osteoporosis Foundation, 200 million women worldwide were suffering with Osteoporosis in 2014. This high prevalence rate is expected to fuel the demand for orthopedic power tools for orthopedic surgical procedures in the near future. Several other factors leading to rapid growth of the global market includes evolution of technological and operational tools, growing geriatric population and increase in incidences of fragile fractures. However, the reimbursement policies and excise tax applicable on these tools hinders the growth of the market.

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The novel products introduced by new entrants creating extremely competitive scenario in the global orthopedic power tools market

The key players operating the global orthopedic power tools market include Stryker Inc., Zimmer Holdings Inc., Misonix Inc., Arthrex, Aesculap, ConMed Corporation, DePuy Synthes, Brasseler, Medtronic, MedicMicro, B. Braun, OsteoMed and Aygun Surgical Instruments. The frequency of launching innovative products and technology based power tools are reasons because of which these companies are able to hold dominant positions in the market. However, the new entrants are also coming up with novel and efficient power tools that can potentially grab the market in the future.

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Wheelchairs Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Wheelchairs are battery-powered electronic chairs used to allow for mobility of disabled persons. Wheelchairs are available in variety of layouts to meet the specific needs of the users. These include specialized seating adaptions and individualized controls. Electric-powered wheelchairs, also called power-chair, which are incorporated with batteries and electric motors and are controlled either by the user or an attendant and are the most widely used wheelchairs. Power-chairs are further differentiated in two forms such as outdoor and indoor power-chair where indoor chairs are used in-side the houses and the outdoor chairs are use on roadways, whereas the indoor chair are lighter and weighs around 10 kilogram as compared to the wheelchairs used out-doors that weighs around 200 kilogram  or more.

Sport wheel chairs have been developed for disabled sports players, who can play special iteration of sports and perform activities such as basketball, rugby, tennis, dancing, and racing. Furthermore, such sports wheelchairs have three wheels and usually they are non-folding wheelchairs and made up of light weight material. The leveraged freedom chair (LFC), is designed at the lower cost and constructed with a local materials for the users by the manufacturers in emerging countries such as India, China and Pakistan. Engineers have added new modification hand-controlled levers in the leveraged freedom chair (LFC) for the users to move the chair over rough ground such as bumpy dirt roads, which are common in emerging geographies.

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Other wheelchairs such as pediatric wheel chair, bariatric wheelchair and smart wheelchairs play a vital role in the market. The demand for electric wheelchairs is rising around the globe arising in countries such as U.S., U.K., France, China and South Korea due to the increase in discretionary income and high-tech products in these countries is influencing the growth of electric wheelchair.

The benefits of wheelchairs is that it enhances mobility along with that it also enhances the physical health and quality of life of the patient by helping the user to reduce the problems such as keen sore, back pain, respiration and digestion. Wheelchair favors the smooth mobility to the users those have impairments due to which they are not able to perform their daily activities such as walking and running.

Wheelchairs market taxonomy:

Wheelchairs Market, by Product Type:

• Electric wheelchairs
• Ultralight wheelchairs
• Light wheelchairs
• Transport wheelchairs
• Standard wheelchairs
• Recliner wheelchairs
• Tilting wheelchairs
• Pediatric wheelchair

Wheelchairs Market, by End User:

• Hospitals
• Home Care Settings
• Diagnostic Laboratories
• Others

Wheelchairs Market, by Geography:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Increase in number of aging and disabilities around the globe expected to favor the growth in demand for wheelchairs market in the forecast period

The North America is expected to contribute major market share followed by Europe in the global wheelchair market as the adoption rate is highest in this region and also the number of people living with some form of disability is continuously rising in these region.

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According to the American Community Survey (ACS), disabilities in the U.S. was around 12.6% in 2015, up from 11.9% in 2010. The growing factors such as elderly population and high disposable income leads to increase in the demand of wheelchairs also the awareness of consumes and affinity towards new technology is further contributing to the growth of wheelchairs market in North America. According to The World Bank Group, in 2017, around 15% of the world’s total population or around one billion people are living with some form of disability and the prevalence is more in emerging economies such as China and India due to their continuous increase in aging population.

Key players in wheelchairs market includes:

• Pride Mobility Products Corporation
• Sunrise Medical Ltd.
• Handicare Group A.B.
• Drive Medical Ltd.
• Ottobock Healthcare Deutschland GmbH
• Hoveround Corporation
• LEVO AG
• Permobil AB

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Knee Implants Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Knee implantation is a surgical process in which the damaged bone and cartilage of knee are replaced and removed with metal components that recreate the surface of the joint. The knee implant components are made of ceramic materials, metal alloys, or strong plastic parts. The knee implant surgery is also known as arthroplasty. There are four main types of arthroplasty, namely kneecap replacement, partial knee replacement, complex knee replacement, and total knee replacement.

Total knee replacement involves the replacement of the surface of the thigh bone and the shin connected to the knee. Partial knee replacement or uni-compartmental knee replacement, can be performed through a small cut were one side of the knee is affected. Various types of fixation are used in knee implantation to connect knee implants to the bone, these include hybrid fixation, cementless fixation and cemented fixation. In cemented fixation the implants are held in place with a fast curing bone cement such as polymethylmethacrylate. Where in cementless fixation the implants are press-fit on to the bone so as to augment new bone growth.

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According to the Centers of Medicare and Medicaid Services (CMS) around, 10 percent of knee replacement surgeries in the U.S. are partial knee replacements. Generally patients who have undergone the partial knee replacement has osteoarthritis in one compartment of their knee. In kneecap replacement only the under surface of the knee is replaced and it is a small joint replacement procedure.

Furthermore, as per National Joint Registry, around 160,000 knee replacement procedures performed each year and also of same number knee joints are replaced yearly in England and Wales. Also, as per Organization for Economic Co-operation and Development (OECD), in U.S. 226 per 1000 population knee replacement surgery performed in 2013.

Knee implants market by taxonomy:

Knee Implants Market by Product Type:

• Total Knee Replacement
• Partial Knee Replacement
• Complex Knee Replacement
• Kneecap Replacement

Knee Implants Market by Material:

• Ceramics
• Stainless Steel
• Cobalt-Chromium Alloys
• Polyethylene
• Titanium Alloys
• Others

Knee Implants Market by End User:

• Hospitals
• Clinics
• Ambulatory Surgical Centers

Increase in arthritis population and incidence rate of obese expected to support the growth for knee implants market in the near future

North America and Europe account for major share in the global knee implants market. Asia Pacific is expected to be a high growth market for knee replacement, mainly attributed to the large population of people aged 20-65 in this region. This growth is supported by development in healthcare infrastructure and increase in availability of healthcare facilities to perform the implantation procedures. The increase in population and prevalence of bone and joint disorder are the main factors fueling growth of the global knee implant market.

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According to Centers for Disease Control and Prevention (CDC), during 2013-2015, it was estimated that around 54.4 million U.S. adults (22.7%) yearly suffered from some form of arthritis diseases such as rheumatoid arthritis, gout, lupus, or fibromyalgia.  According to the National Center for Biotechnology Information (NCBI), in 2016 the prevalence of knee arthritis in India was found to be around 28.7% in overall population. Furthermore, as per National Center for Health Statistics (NCHS), during 2011–2014, the prevalence of obesity was around 36% in adults and 17% in youth in the U.S.

The high growth of obesity is a major concern among emerging economies supported by rapid economic development. According to World Health Organization (WHO), in 2014, the obese adult population in China was around 6.9% and in India was around 4.9% and the number is expected to grow at high rate.

Key Players operating in Knee Implants Market Includes:

Zimmer, Stryker, Smith & Nephew plc, Johnson & Johnson, DJO Global, Inc., Exactech, Inc., Zimmer Biomet Holdings, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, DePuy Synthes and Arthrex.

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Digital Wound Management Devices Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Digital wound management device is a 3D-enabled device which measure wound dimensions such as length, depth, width, and area. It also yields a visible record of this measurement. These devices primarily convert line tracing into area measurement and they are also used to compute the change in the area of wounds during the process of healing. One unit refers to one device. Wound assessment and monitoring systems are essentially digital aids or devices that enable imaging, measurement and documentation of wound by offering a 3D assessment of the same which EMR (electronic medical record) software integration. Since inadequate wound care results in various incapacitating healthcare-associated infections and also adds to the cost load to the patient, contemporary digital tools are taking the conjecture out of wound care. Proliferation of smartphones, emergence of telehealth and new digital tools for wound care and management, have changed the way hospitals perform their daily workflows or how wound infected patients are being treated. The ultimate goal of this is to decrease hospital re-admission and bring about positive clinical outcome

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The erratic wound care outcomes have mandated industry to deliver economic clinical evidence and improve the care coordination by using digital tools/guidelines for operational decision making, acting as a key growth opportunity that will fuel the market growth. The digital age is becoming the go-to-treatment (occasionally for years) for wounds for no significant improvements. Efforts are being taken to start advanced wound care by substituting swabs and rulers with iPad and Smartphone.

Digital Wound Management Devices Market Taxonomy

On the basis of wound type,

• Diabetic Ulcer
• Chronic wounds
• Burns
• Incisional
• Traumatic wounds

On the basis of end-user,

• Hospitals
• Clinics
• Others

Rise in occurrence of chronic diseases, growing aging population and increase in product innovations are some of the key factors fuelling the overall market at the current stage. Nonetheless, high expense of latest technologies and lack of trained professionals are some of the factors that may pose a challenge to the growth of the market. However, increase in the government initiatives towards the prevention and cure of injuries across the world will encourage the overall market for digital wound management devices.

Increasing prevalence of surgeries and rising geriatric population will drive the overall digital wound management devices market

The increasing volume of surgical procedures across the globe is likely to drive the overall growth of the digital wound management devices market during the forecast period. Surgeries are conducted to mange various diseases including gastrointestinal diseases, cardiovascular diseases, spinal abnormalities, urological disorders, orthopedic deformities, and brain tumors. The significant growth in the number of surgeries, especially in the European countries will help in the growth of the general halogen surgical ceiling lights market in this region. For example, the amount of laparoscopic colostomy surgeries tripled in Spain and doubled in Slovenia between 2008 and 2014.  Different types of surgeries performed in various ASCs or ambulatory surgical centers include hernia procedure, cervix and uterus removal, transurethral excision, lens and cataract, and hysterectomy. The increase in geriatric population as well as the growth in the number of surgeries will fuel the growth of the digital wound management devices market in the near future.

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By geography, North America held the maximum share of digital wound management devices market in 2016 and is likely to continue its dominance during the forecast period. The rising demand for surgery in labor patients is projected to further propel market growth. According to a report by Centers for Disease Control and Prevention, around 3,984,502 deliveries including caesarean and vaginal were conducted in the U.S. in 2016. Asia Pacific is expected to grow at a substantial rate. Countries such as India and China have a large pool of diabetic population and also a sizeable geriatric population. Moreover, increased healthcare spending and rise in per capita income are some of the other reasons that will fuel the growth of the market in this region.

Some of the companies operating in the digital wound management devices market in the current scenario are WoundMatrix, Aranz Medical Ltd., Woundzoom Inc., Woundvision, LLC., Tssue Analytics, Inc., Parable Health, Inc., and Rubitection, Inc.

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Recombinant Vaccine Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Recombinant vaccines are produced by using recombinant-DNA technology or genetic engineering. These vaccines function on the principle of inducing the immune response for the diseases and to have the preventive measures for some of the hazardous diseases. Recombinant vaccines has significantly managed to perform as an appropriate method for treatment of various lethal diseases in animals and humans These vaccines are superior to conventional vaccines and are highly effective in treatment of diseases such as tuberculosis, malaria and HIV.

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Advantages of recombinant vaccines over conventional vaccine methods are expected to drive growth of the recombinant vaccines market

According to World Health Organization (WHO), around 18 million fatalities were caused due to inaccessibility of treatment for their illness. It has the advantages over the conventional vaccines as it does not lead to post vaccination reaction they are safe to use and there is no need of adjuvant in such vaccines as used in conventional vaccines due to the risk of cancer through incorporation of adjuvants. Furthermore, there are various reasons that are expected to favor the growth in recombinant vaccines market such as increase in incidence of zoonotic diseases, opportunities in the disease related to poultry facilities. The emerging technologies in recombinant vaccines which will help to treat the diseases such as HIV and influenza favor the growth in the recombinant vaccine market.

However, there are some challenges that are being faced by recombinant vaccines market such as making recombinant vaccine which need to be cost effective and should have appropriate shelf life.

The global recombinant vaccine market is segmented on the basis of type, disease type and region

On the basis of type,

• Subunit Vaccines
• DNA vaccines
• Edible Vaccines
• Others
• Attenuated Recombinant Vaccine
• Vector recombinant vaccines

On the basis of end user,

• Recombinant Human Vaccines
• Recombinant Animal vaccines
• Aquaculture Vaccines
• Companion animal vaccines
• Equine
• Livestock
• Porcine
• Poultry

On the basis of disease type the recombinant vaccine market is segmented into

• Hepatitis B
• Human Papillomaviruses (HPVs)
• Others

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Continuous investments in research and developments for the recombinant vaccine field in North America region by industries

The regional segmentation of recombinant vaccines market by Coherent Market Insights comprises North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. Europe is dominating in the regional segment of recombinant animal vaccines segments, as the highly organized livestock and the huge demand for livestock product for the European population. The increasing zoonotic diseases, continuous research and developments investments for the development of new and effective vaccines in the North America region is helping the recombinant vaccine market to grow in this region. As there is increasing number of people adopting the pets and there increasing awareness and responsibility for animals is helping to fasten the growth of the animal recombinant vaccine market in the Asia Pacific region.

Advancements in the vaccines technology is beneficial for recombinant vaccines market

Key players operating the global recombinant vaccine market include Novartis AG, GlaxoSmithKline PLC, Green Cross Corporation, Protein Science Corporation, Sanofi Aventis, Merck, Pfizer, Bayer and Virba. The factors such as ease of applications, less post vaccination symptoms, ability to prevent the fatal illness, the rapid development in the field of sub-atomic science, immunology and DNA technology, use of novel Biotechnology tools for development of new strategy in vaccinology field is allowing the new players to invest in the market.

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Polyphenylene Sulfide Market - Segmented by Type, End-User Industry and Geography - Trends and Forecasts -2024

Polyphenylene Sulfide (PPS) is a semi-crystalline, high temperature engineering plastic, which is widely accepted across various industries for its remarkable features such as high mechanical strength, high temperature and chemical resistance. These properties of PPS make it an appropriate alternative of choice for various metals and thermosets. The demand for PPS has significantly increased in across applications such as automotive components, filter bag in coal boilers, and electrical & electronic products. Polyphenylene sulfide or PPS can be bought in diverse forms and grades, including fibers, films, coatings, filaments and compounds. Unfilled PPS resin holds the ability to be melt spun as well as melt blown, so as to offer fabrics and fibers that have applications in flame-resistant clothing, filtration media and conveyor belts. Various reinforcing materials such as glass fibers help in reinforcing polyphenylene sulfide to enhance its thermal and mechanical properties. PPS is generally applied in injection molding processes and can even be turned into films and coatings. These versatile properties make PPS a preferred choice for diverse applications across various industries. 

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Polyphenylene Sulfide Market Taxonomy

On the basis of application, the global market is classified into:

• Automotive
• Electrical & electronics
• Industrial
• Filter bags
• Aerospace
• Coatings
• Other applications (sterilizable medical, dental, and laboratory equipment, hair dryer grills, and components)

Key players focusing on organic growth strategies to ensure sustainable growth in the polyphenylene sulfide market

Various leading companies in the global polyphenylene sulfide market have been launching new products with more advanced features to increase the application area and in turn enhance market presence of the players. For instance, DIC introduced impact modified PPS, an elastomer-modified PPS, which possessed features such as elongation, improved strength, excellent performance even under high temperature and humidity, and low flash level. Apart from this, a few key companies are expanding their production facilities in order to cater to growing demand for PPS. For instance, in April 2014, Celanese Corporation, a specialty materials company, announced the expansion of its Nanjing, China manufacturing facility. The company added a new PPS compounding unit to the facility, which helps in replacement of thermo sets and metals in certain applications like aerospace, automotive and electronics. The PPS market is expected to witness increasing competition over the near future with emergence of various local players focusing on capitalizing on lucrative growth opportunities on offer in the market.

Polyphenylene Sulfide Market Outlook – Increased consumption of PPS in high-temperature applications driving market growth

Owing to its properties such as superior performance, PPS finds wide application in high-temperature processes. This factor is projected to notably drive the market growth over the forecast period. Besides, the recyclable nature of PPS, along with its ability to increase fuel economy and cut emission levels, is expected to further increase its demand, globally. The product’s wide usage in different automotive components, such as transmission components, switches, coolant systems, and pistons, is also likely to drive the global polyphenylene sulfide market growth in the near future.

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Asia-Pacific market for polyphenylene sulfide is expected to witness the fastest growth, during 2016-2024. This growth can be owed to increased demand from emerging markets in the region, including India and China. On the contrary, factors such as easy availability of substitutes, such as PEEK and PEI, and price volatility of raw materials are projected to inhibit global market growth over the near future.

The key players operating in the global polyphenylene sulfide market are Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among others.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Geotextile Market - Segmented by Type, End-User Industry and Geography - Trends and Forecasts -2024

Geotextiles are geosynthetic materials that have over 80 applications and are widely used since over the last decade. They offer excellent characteristic of resistance to biodegradation, and hence are the material of choice across various sectors. Geotextiles are synthetic fibers that can be made into a flexible, porous, nonwoven needlefelt fabric. They are porous to water flow to a varying degree. Geotextiles are used in filter mechanisms for earth dams, behind retaining walls, in roads and highways, in reservoirs, deep drainage trenches, and have various agricultural applications.

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Geotextiles are also used for drainages as permeable separating agents that allow water to pass into the drainage and for prevention of clogging of the drainage system by soil particles and other particles in water.

Geotextiles are used for construction of roads, harbor works, drain, land reclamation and breakwaters, and numerous other civil engineering applications.  Heavy geotextiles find application in reinforcement of earth structures with the help of fill materials. This is owing to characteristics such as and high tensile strength and high soil fabric friction coefficient. Nonwoven geotextiles are used in rivers canals and coastal networks for providing hydrostatic uplift after the formation of clay slit.

Geotextiles Coating Market Taxonomy

On the basis of material, the global geotextiles market is segmented into:

• Polyethylene
• Polypropylene
• Polyester

On the basis of product type, the global geotextiles market is classified into:

• Woven
• Nonwoven
• Knitted

On the basis of end-use industry, the global geotextile market is segmented into:

• Erosion Control
• Roads and Infrastructure
• Pavement repair
• Agriculture

In erosion control, geotextiles are an ideal protection from erosion of earth embankments by currents, repeated drawdown, and wave action. A layer of geotextiles is placed to prevent leaching of fine material and easily be placed below water. They can be used for rock beaching or as mattress structures. In agricultural fields, nonwoven geotextiles are used for the enhancement of muddy paths and trails used by cattle. Woven polyester geotextile is used in supporting reinforced soil structures, bridge foundations, road and rail embankments, and landfills owing to characteristics such as high tenacity, high tensile strength, high resistance against soil environments and excellent resistance to creeping.

Browse Global Strategic Business Report: https://www.coherentmarketinsights.com/ongoing-insight/geotextile-market-303

Geotextiles Market Outlook – Need for Durable Materials Expected to Boost the Demand

Development of roads and infrastructure is one of the major factors contributing to the growth of geotextiles market. Asia Pacific is one of the major contributors in the global geotextiles market globally. Rapidly flourishing urbanization has led to the increase in the requirement of new roads and modern infrastructure. According to IBEF, India has the second-largest road network in the world and is expected to reach total revenue of US$ 6.9 billion by the end of 2017. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India. This mainly attributed to various government initiatives such as Pradhan Mantri Gram Sadak Yojana (PMGSY), during which 133-km roads per day was constructed in 2016-17 and others.

High initial price is expected to be one of the restraining factors for the growth of geotextile market over the forecast period. Fibertex Nonwovens, a leading manufacturer of nonwoven textiles in Europe, acquired the nonwoven business of Ribatek, a Turkish non-woven fabric manufacturer. This has aided an increased production capacity to the non-woven fabric products and will help the company to increase the reach in Turkish market. Some of the major companies operating in the global geotextiles market are GSE Holdings Inc., The Dow Chemical Company, Royal Ten Cate Corporate EMEA, Fibertex Nonwovens A/S, Low & Bonar PLC., Huesker Synthetic GmbH, Tenax, CTM GEO Synthetics, Leggett & Platt Incorporated and Kaytech Engineered Fabrics.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.