Nuclear Medicine Market Size Worth $12.6 Billion By 2027

The global nuclear medicine market size is expected to reach USD 12.6 billion by 2027, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Research and development of advanced technologies by the key players for diagnosis and treatment of diseases is expected to drive the radiopharmaceuticals market.

For instance, in May 2019, GE Healthcare with Indi Molecular, Inc., collaborated to develop Protein Catalyzed Capture (PCC) technology and immune cell-targeted PET tracer candidates. This diagnostic tool will help in better understanding of patient’s immune cell and in early treatment response.

Rising prevalence of cancer and cardiovascular diseases is one of the major factors responsible for market growth. Moreover, high prevalence of cancer in emerging Asian countries is creating huge demand for radiopharmaceuticals in diagnosing the disease. For instance, according to the GLOBOCAN, in 2018, approximately 48.4% of cancer cases were registered in Asia.

In addition, presence of standard guidelines prepared by regulatory authorities for radiopharmaceuticals is expected to accelerate market growth. For instance, in August 2019, FDA published a guideline for non-clinical studies and product labelling that are not covered by FDA and ICH guidelines for radiopharmaceuticals used in the treatment of cancer.

Manufacturers are focusing on development of innovative technologies to produce medical isotopes that can fulfill the increasing demand for nuclear medicines. For instance, in October 2018, with the support of ASML, The Institute For Radioelements (IRE) developed and built an electron beamline to manufacture medical isotope molybdenum 99 (Mo-99). Due to this innovative technology, the process of production is waste-free and non-fission.

In addition, research centers and hospitals are launching novel nuclear medicine techniques to treat various diseases at an affordable cost as compared to the existing treatments. For instance, in August 2017, the Kovai Medical Centre and Hospital (KMCH) had launched Rhenium 188 Lipiodol to treat liver cancer and other diseases such as metastatic bone pain, rheumatoid arthritis, and hemophilic bleeding joints at low cost with lesser hospitalization.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/nuclear-medicines-market

Further key findings from the study suggest:

In 2019, the SPECT segment had dominated the market owing to integration of SPECT with X-ray/CT that has gained more acceptance and proved to be useful in many clinical situations due to its high accuracy
PET diagnostic nuclear medicine is expected to witness the fastest growth over the forecast period owing to the increasing adoption of high resolution PET scanners
In case of the therapeutic segment, brachytherapy is anticipated to be the fastest growing segment due to the higher radiation protection as compared to other treatment options
The oncology application segment dominated the nuclear medicine market in 2019 owing to the presence of pipeline drugs and high prevalence of cancer
The market in Asia Pacific is projected to witness the fastest growth during the forecast period owing to the high unmet needs and development of radiopharmaceuticals for diagnosis and treatment of various diseases
Key players in the market include companies such as Eckert and Ziegler Group Nordion, Inc.; Bracco Imaging S.p.A.; and GE Healthcare as well as government organizations such as Department of Atomic Energy and Australian Nuclear Science and Technology Organization (ANSTO).

APAC Metallic Stearate Market Worth $2.4 Billion By 2025

The Asia Pacific metallic stearate market size is projected to reach USD 2.4 billion by 2025, according to a new report by Grand View Research, Inc. It is estimated to expand at a CAGR of 6.5% over the forecast period. Rapid growth of key application industries, including plastics, rubber, cosmetics, and pharmaceuticals, in the region has resulted in increased product demand. This trend, most notably in the emerging economies such as Indonesia and Thailand, is expected to drive the market growth in Asia Pacific.

Metallic stearates are produced via a reaction between stearic acid and metal oxides. Stearic acid is primarily obtained from palm kernel oil. Major manufacturers of palm kernel oil have a strong presence in countries such as China, Indonesia, Malaysia, Philippines, and Thailand. Ambient weather conditions and soil characteristics in these countries favor the production of palm kernel oil. Moreover, growing industrialization and government expenditures on infrastructure development in these countries are expected to open new avenues for various end-use industries. This, in turn, is expected to benefit regional growth over the forecast period.

Various PVC applications, such as healthcare packaging, food packaging, bottles, tubes, footwear, flooring, pipes, and toys, require metallic stearates as a stabilizer. Furthermore, they act as a macromolecular binder and help decrease the softening temperature of PVC. Metallic stearates also function as a release agent. This is anticipated to boost product demand over the coming years. Metallic stearates also function as internal lubricants, which improves compatibility owing to the presence of polar groups.

Indonesia was the largest market for metallic stearates in 2017, and this trend is expected to continue over the forecast period. Robust industrial growth in this country is projected to drive demand for calcium stearate as it is used in building & construction applications as an efflorescence agent. In addition, the strong presence of international brands and growing focus of the regional government to expand manufacturing in the cosmetics industry are expected to fuel product demand in near future.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/asia-pacific-metallic-stearate-market

Further key findings from the study suggest:

In terms of revenue, the value for zinc stearate in Asia Pacific is anticipated to reach USD 802.7 million by 2025 at a CAGR of 6.3%
Plastics formed the dominant segment, in terms of revenue, in 2017 with a market share of 31.7%. This growth was due to its ability to enable the processor to produce finished articles with lower friction and smoother surfaces while optimizing production
The Indonesia metallic stearate market is anticipated to exceed USD 160.7 million by 2025 owing to recent economic growth, which propelled the infrastructure, residential, and commercial building, and automotive sectors in the country
The market for metallic stearates is highly competitive due to the presence of a number of multinational companies with wide product portfolios
Companies are focusing on adding new products to their portfolio, which are tailored to meet specific requirements. For instance, in 2017, Valtris Specialty Chemicals, Inc. added a new product, Synpro Calcium Stearate, to its product portfolio

Southeast Asia Plastic Compounding Market Worth $6.7 Billion By 2026

The Southeast Asia plastic compounding market size is anticipated to reach USD 6.7 billion by 2026, accelerating at a CAGR of 8.9% from 2019 to 2026, according to a new report by Grand View Research, Inc. Rapidly developing construction and automobile markets are anticipated to drive the demand for interiors, exteriors, and underhood components. Major application areas of plastic compounding involve underhood components in the automotive industry, building interiors and exteriors in construction and infrastructure industries, and in electronics, durables, and wire and cable industries.

The market for plastic compounding in Southeast Asia is likely to be driven by the increasing demand for compounded products in automotive, building & construction, electrical & electronics, packaging, consumer goods, industrial machinery, medical devices, and optical media applications. Regulatory intervention to reduce gross vehicle weight to improve fuel efficiency and ultimately reduce carbon emissions have driven automotive OEMs to adopt compounded plastics as a substitute to metals for fabricating automotive components.

Optical media is anticipated to be the fastest-growing application segment by 2026 both in terms of volume and revenue in Southeast Asia market. Due to their superior properties and moldability, compounded plastics are being used as a replacement for metals and other engineering plastics. They are also widely utilized in automotive applications with their scope extending from interior components to exterior parts. This aids in reducing the overall vehicle weight and increasing fuel efficiency, while maintaining quality standards.

Over the past few years, there has been a considerable demand for plastic compounding with the end product being used as a replacement for metals and alloys across various industries such as automotive, industrial machinery, and consumer goods. The compounding industry’s criticality lies on technology as the ever-increasing requirement of end users, in terms of product specification and versatility, gradually tends to overshadow consumption dynamics. Other factors, such as feedstock availability, production processes, and sociopolitical events, also have a significant impact on industry trends.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/southeast-asia-plastic-compounding-market

Further key findings from the report suggest:

Polypropylene (PP) segment occupied the largest revenue share in 2018 and is projected to continue to be the largest segment in the Southeast Asia market over the forecast period
Increasing requirement for flame retardancy, heat resistance, and improved serviceability is anticipated to drive the demand for products formed through compounding process in electronics & electrical industry
The automotive segment accounted for 24.2% of the Southeast Asian market in 2018, in terms of revenue, and it is projected to grow at a CAGR of 9.1% over the forecast period
Indonesia dominated the market for plastic compounding in the Southeast Asian region in 2018 both in terms of volume and revenue and is expected to continue its domination over the forecast period
Key players include in Southeast Asia plastic compounding market are BASF SE, SABIC, LyondellBasell Industries N.V., Kraton Polymers Inc., RTP Company, The 3M Company, Teijin Plastics, among others.

SEA Construction Coatings Market Size Worth $6.65 Billion By 2025

SEA construction coatings market is projected to reach USD 6.65 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand from end-use industries is likely to be a major factor triggering the market over the forecast period.

Water borne segment accounted for a major volume share in SEA market in 2016. The growing infrastructure development in economies including Indonesia, Thailand, Philippines, and Vietnam is likely to drive the demand for the product over the forecast period. Powder coatings are expected to witness significant growth, in terms of revenue, from 2017 to 2025.

Increasing government investments in construction is anticipated to drive the market over the forecast period. Increasing use of construction coatings for waterproofing and protective application is likely to propel product demand further.

Most market leaders in the region are integrated throughout the value chain. This provides the companies with an advantage in the procurement of raw materials to the manufacturing of the finished product thus maintaining the economies-of-scale to the optimum level. For instance, BASF has been serving various industries through its integration across the value chain. The company develops, manufactures, and distributes a comprehensive range of raw materials and end products.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/south-east-asia-construction-coatings-market

Further key findings from the report suggest:

Residential segment is likely to register a CAGR of 5.0% from 2017 to 2025, in terms of volume, on account of increasing consumer awareness toward the product for use in various residential applications
Powder coatings segment is expected to produce a CAGR of 7.1% from 2017 to 2025, in terms of revenue, on account of its superior properties, such as durability, high resistance to corrosion, and cost-effectiveness, over traditional paints
Philippines is likely to display the fastest CAGR of 6.1%, in terms of revenue, over the forecast period. The growing infrastructure industry in the country is likely to focus on transportation, communication social infrastructure, and manufacturing.
Indonesia accounted the largest revenue share of 23.2% in 2016. The country is likely to make public investment worth USD 29 billion to add 13 airports, 710 km of railway lines, 10,198 meters of bridges, 836 km of highway, and 61 seaports to boost its infrastructure network in 2017. This, in turn, is likely to propel the demand for the product over the forecast period.
In terms of revenue, Vietnam construction coatings industry is projected to register a CAGR of 6.9% over the forecast period. Government investments in infrastructure, economic recovery, and residential construction are expected to drive the demand.
Market players are adopting mergers & acquisition strategies. For instance, in July 2017, AkzoNobel acquired UK-based Flexcrete Technologies Ltd. to strengthen its position in industrial coatings business.

Organic Personal Care Market Size Worth $25.11 Billion By 2025

The global organic personal care market size is projected to reach USD 25.11 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 9.4% during the forecast period. Rising R&D expenditure to introduce improved plant and animal extracts into various products is expected to promote the demand. Furthermore, regulations promoting the use of organic materials in personal care industry is likely to propel the growth.

Growing demand for organic products has resulted in an increase in their availability in supermarkets, malls, and drugstores. In addition, growth in online market where consumers can access a wide range of products from any part of the world has been a primary reason for increase in accessibility and is expected to remain a key contributing factor for the market growth over the forecast period. Online stores also give consumers the opportunity to gain access to products that would otherwise not be available in local stores and malls, which has made them especially popular in emerging markets.

The market includes a variety of products such as hair care, oral care, skin care, cosmetics, and others. Other product segments include oils, body sprays, perfumes, and masculine and feminine hygiene products. Growing popularity of natural products is the key factor driving demand. Growth product distribution channels in urban areas has made these products easily accessible to consumers. As these products reflect the growing aspirations of better hygiene, health, and beauty in modern times, their adoption has exhibited significant growth. Furthermore, with the introduction of products such as flosses and mouthwashes, the demand for organic oral care products is expected to increase.

Demand for products that are free from synthetic fragrances, preservatives, parabens, petrochemicals, and harsh cleaners such as sodium lauryl sulfate has been on the rise over the past few years. Numerous major market players are involved in manufacturing a variety of personal care products, such as sunscreens, body lotions, shampoos, scrubs, anti-aging creams, makeup removers, masks and exfoliators, eye care products, lip care products, BB creams, face oils, and cleansers/toners.

North America was the largest regional segment of the organic personal care market in 2018, and is expected to continue leading over the forecast period, on account of rising demand for safe and natural products. Over the past few years, companies have been introducing new and innovative products specifically designed to cater to the various consumer needs. Major players such as L’Oréal, The Body Shop, and Estée Lauder have launched new organic products that target aging population.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/organic-personal-care-market

Further key findings from the report suggest:

Skin care application held the leading market share of over 33.7% in terms of revenue in 2018, owing to the ability of organic ingredients to impart antioxidation properties and improve skin health
The U.S. organic personal care market is anticipated to exceed USD 7.74 billion by 2025 owing to the presence of various manufacturers in the country
The global market is highly competitive with the presence of a number of multinational companies with wide product portfolios. Some of the key companies present in the market include Aveda Corporation, Burt’s Bees, and The Estée Lauder Companies Inc., among various others players.
The companies lay high emphasis on expanding their presence global scale, in an attempt to increase market shares and to drive revenues. For instance, Estee Lauder has acquired various companies such as BECCA Cosmetics, Too Faced, and Editions de Parfums Frédéric Malle, over the past few years to expand its product portfolio.

Collagen Market Size Worth $7.5 Billion By 2027

The global collagen market size is expected to reach USD 7.5 billion by 2027, expanding at a revenue-based CAGR of 6.4%, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to high demand for collagen in cosmetic surgeries and wound healing treatments. Increasing consumer spending capacities coupled with the popularity of skin surgeries has propelled product demand across the world.

Bovine, porcine, poultry, and marine are the four main sources required for manufacturing collagen. Collagen from bovine source accounts for a substantial share of 35% as of 2019, as opposed to other sources, on account of the abundance of bovine sources and relatively lower price as compared to marine and porcine sources. Marine is superior to that of bovine or porcine sources, owing to its high absorption rate and bioavailability. However, the product obtained from marine costs relatively higher than from bovine and porcine, which is expected to restrain the growth of the segment.

The gelatin segment dominated the market in 2019 owing to the substantial demand for the product as a food stabilizer. The growth of fishing industry in India and China has attracted gelatin manufacturers in the Asia Pacific to use fish as a raw material for gelatin production. The market for hydrolyzed collagen is also anticipated to register the fastest growth over the forecast period, backed by its increasing use in the healthcare sector for tissue repair and dental applications. Increasing efforts by the companies for using hydrolyzed collagen in the treatment of bone related disorders, such as osteoarthritis have favored the growth of the segment.

The key applications for the product include food and beverages, healthcare, and cosmetics. Healthcare emerged as the largest application segment of the industry in 2019 and is forecasted to retain its dominant position over the forecast period. The food and beverage industry is expected to be a major contributor to the demand for gelatin and hydrolyzed collagen, as the product is an essential protein for the human body and has multiple nutritional, skin, and health benefits.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/collagen-market

Further key findings from the report suggest:

The collagen market size is anticipated to reach USD 7.5 billion by 2027, at a revenue-based CAGR of 6.4% from 2020 to 2027
In terms of revenue, the marine source segment is projected to ascend at a CAGR of 7.3% over the forecast period
In terms of volume, cosmetic surgery and wound healing emerged as the largest healthcare application segment in 2019, owing to its ability to treat chronic wounds as they inhibit the action of metalloproteinase
Asia Pacific is projected to witness a remarkable growth rate of 6.6% in terms of volume, in the near future, owing to the increasing consumption of healthcare and cosmetic products in the region
Some of the key players operating in the industry include Koninklijke DSM N.V.; Collagen Matrix; CONNOILS LLC; Rousselot BV; and Advanced BioMatrix, Inc.

Oleochemicals Market Worth $31.4 Billion By 2027

The global oleochemicals market size is anticipated to reach USD 31.4 billion by 2027 registering a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Oleochemicals are the products derived from fats and oils. They can be produced from natural sources, such as plant oils and animal fats, as well as fossil fuel sources, such as petrochemicals.

Rising crude oil prices have resulted in a significant shift toward the utilization of vegetable oils, such as palm and palm kernel oil, as a primary feedstock for oleochemical production. In 2016, around 8% of the total palm oil volume and 70% of the total palm kernel oil volume were consumed for the production of oleochemicals. Easy availability of raw materials and minor toxicity levels and green image of the products are some of the key factors driving the market growth.

Some of the significant oleochemical products include glycerol, fatty alcohols, fatty acid methyl esters, and fatty acids. These basic oleochemicals are used to produce intermediate chemicals, such as sugar esters, structured triacylglycerol (TAG), diacylglycerol (DAG), monoacylglycerol (MAG), quaternary ammonium salts, alcohol ether sulfates, alcohol sulfates, and alcohol ethoxylates.

Fatty acids represent one of the largest product applications as they are widely used in numerous industries including pharmaceutical, food, lubricants, and paints & coatings. Major chemical manufacturers have increased their expenditure on sustainable development in line with responsible care initiatives. This includes the removal of hazardous chemicals, which encouraged a shift in trend towards renewable and biodegradable products.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/oleochemicals-industry

Further key findings from the report suggest:

Glycerol is estimated to be the fastest-growing product segment due to increasing demand for technical-grade refined glycerin in the manufacturing of metalworking fluids, adhesives & sealants, polyols, agrochemicals, oilfield chemicals, and solvents
In 2019, Linoleic (C18:2) acid emerged as the largest fatty acid product segment, both in terms of volume and revenue owing to the high product demand in the production of dietary supplements, paints & varnishes, food flavoring agents, and surfactants
Soaps & detergents is projected to be the leading application segment, both in terms of volume and revenue
The growth in this segment can be attributed to increasing product demand from industrial & institutional cleaning and textile sectors

Appliances Market Size Worth $1.81 Trillion By 2025

The global appliances market size is anticipated to reach USD 1.81 trillion by 2025 registering a CAGR of 7.2%, according to a new report by Grand View Research, Inc. Mounting demand for modern and technically advanced appliances, owing to durability and comfort, is expected to augment the market growth over the forecast period. In addition, increased disposable income levels, improving standards of living, and rapid urbanization across the globe are expected to contribute to the market expansion. Manufacturers in the market have a global distribution network, which includes resellers, company-operated stores, e-commerce, dealers, and value-added resellers.

Home appliancess. Set of household kitchen technics in the new appartments or kitchen. E-commerce online internet store nad delivering of appliances concept.

They expand their distribution network by offering brand equity, installed base, and product advancements. Sales engineers work closely with customers to design and develop application-specific products to match the particular requirements. Energy-efficiency is a crucial factor influencing the global market. Governments across the globe have enforced various stringent guidelines to ensure energy-efficiency for household appliances, thus propelling consumers to purchase only those goods fulfilling the minimum energy-efficiency regulations.

These guidelines are implemented at various stages, including manufacturing, sales and operation, as well as recycling, to help the companies in the market value chain. There are various barriers as well as benefits of the energy-efficiency programs developed by the policy-makers. Moreover, despite cost-effectiveness and several programs being run by the governments across the globe to spread awareness regarding energy-efficiency, the optimal outcome has not been achieved due to several barriers during the implementation stage of these programs.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/appliances-market

Further key findings from the study suggest:

In terms of revenue, smartphones product segment is anticipated to reach USD 888.1 billion by 2025 expanding at a CAGR of 8.3% from 2017 to 2025
Television product segment led the market, in terms of revenue, in 2016 owing to increased disposable income
The U.S. appliances market is anticipated to exceed USD 261.4 billion by 2025 owing to the presence of prominent manufacturers and suppliers in the country
Some of the key companies in the global market are Whirlpool Corporation, Electrolux AB, Haier Group, BSH Hausgeräte, LG Corp, Midea Group, and Samsung Electronics
Most of these companies have undertaken several business strategies including M&A and product development to strengthen their foothold in the global industry