India Large Volume Parenteral Market Size Is Poised To Reach USD 134.0 Million By 2028: Grand View Research Inc.

San Francisco, 31 May 2021: The Report India Large Volume Parenteral Market Size, Share & Trends Analysis Report By Application (Therapeutic Injections, Fluid Balance Injections, Nutritious Injections), By Volume, By End Use, And Segment Forecasts, 2021 – 2028

The India large volume parenteral market size is expected to reach USD 134.0 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2021 to 2028. Large Volume Parenteral (LVP) injections are used for either total or partial nutrition when oral intake is insufficient or challenging. Earlier, these formulations were used for patients undergoing surgical procedures or those admitted to a hospital.

Currently, they are used as substitutes for nutrition obtained from a healthy diet. However, the demand for LVPs has significantly increased due to the growing adoption of parenteral nutrition over enteral nutrition among COVID-19 patients for improving drug absorption, shorter hospital stays, and reduced risk of infections. This is anticipated to drive the market over the forecast period.

In 2020, the nutritious injections application segment accounted for the largest revenue share. This is attributed to the growing adoption of these products in delivering intravenous carbohydrates, amino acids, electrolytes, and minerals to meet adequate nutritional requirements when enteral nutrition mode is insufficient, not possible, or contraindicated. On the other hand, the therapeutic injections segment is anticipated to register the fastest growth during the forecast period. The increasing prevalence of chronic conditions, such as cancer, can significantly impact the adoption of LVPs in the country, as they can provide vital nutrients to help maintain strength, energy, and hydration in patients from diagnosis to recovery.

In 2020, the 500 ml volume segment accounted for the largest revenue share. The increasing number of ICU admissions, rising demand for parenteral formulation among critically ill patients, growing preference for single-dose administration of vaccines and drugs, and increasing prevalence of various chronic disorders such as cancer and diabetes are some of the factors expected to propel this segment. On the other hand, the 100 ml volume segment is anticipated to register the fastest growth during the forecast period, as it can help avoid adverse effects related to nutrition and electrolyte imbalances.

In 2020, the hospital and other healthcare facilities segment dominated the market. The segment is anticipated to maintain its dominance during the forecast period. The growing prevalence of chronic conditions requiring dietary management in patients and increasing incidence of hospital-acquired malnutrition are expected to boost demand for LVPs. In addition, these formulations are administered preoperatively to reduce the rate of complications and hospital stay among surgical ICU patients. This is likely to increase the demand for LVPs among surgical and intensive care patients, thereby, propelling segment growth.

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India Large Volume Parenteral Market Report Highlights

• The market is expected to grow well over the forecast period owing to high adoption rates of LVPs owing to growing physician preference for single-dose administration among critically ill patients
• The nutritious injections application segment dominated the market in 2020, owing to the increasing adoption of these formulations to fulfill adequate nutritional requirements
• The 500 ml volume segment dominated the market in 2020 owing to the increasing prevalence of chronic diseases such as cancer and CVDs
• The hospital and other healthcare facilities end-use segment dominated the market in 2020 owing to an increase in the number of surgical procedures and rising prevalence of hospital-acquired malnutrition among patients

List of Key Players of India Large Volume Parenteral (LVP) Market

• Braun Melsungen AG
• Fresenius Kabi AG
• Baxter
• Otsuka Pharmaceuticals
• Sichuan Kelun
• Albert David Ltd.
• BML Parenteral Drugs

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Animal Vaccines Market Expected To Witness A Substantial Growth Of USD 16.1 Billion By 2028: Grand View Research Inc.

San Francisco, 31 May 2021: The Report Animal Vaccines Market Size, Share & Trends Analysis Report By Product, By Animal Type (Poultry, Aqua, Ruminants, Companion), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2021 – 2028

The global animal vaccines market size is expected to reach USD 16.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2021 to 2028. Rising concern about food security and increasing animal husbandry are boosting the demand for vaccines for the livestock population. Moreover, the growing demand for animal products, such as milk, chicken, eggs, and meat, is encouraging farmers to adopt vaccinations for their livestock to gain higher profitability.

The increasing outbreaks of cattle disease and the ever-expanding livestock population are the prime factors for the wide acceptance of the ruminants especially cattle vaccines globally. Moreover, rising pet ownership and increasing awareness regarding the health of companion animals are further propelling the growth. Moreover, the increasing number of R&D investments initiated by the companies is one of the key potential growth factors.

In June 2020, Boehringer Ingelheim received a new veterinary drug registration certificate from the Ministry of Agriculture & Rural Affairs of China for its classical swine fever vaccine. In July 2020, Biogénesis Bagó partnered with the U.S. Department of Agriculture (USDA) as one of USDA’s suppliers for antigens and vaccines for foot-and-mouth disease in livestock.

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Animal Vaccines Market Report Highlights

• Attenuated vaccines emerged as the largest segment in 2020 as a result of the benefits such as improved effectiveness and enhanced long-term prevention
• The ruminants segment accounted for the largest revenue share in 2020 owing to the rise in the demand for safe livestock products
• The poultry segment dominated the market in 2020 owing to the increase in demand for meat, worldwide
• North America dominated the market and accounted for the largest revenue share in 2020. Constantly rising awareness regarding livestock health and increasing commercialization of livestock products are factors expected to drive the market in the region during the forecast period
• In Asia Pacific, the market is projected to witness swift growth during the forecast period owing to the speedy adoption of animal vaccines for quality food products and better animal health

List of Key Players of Animal Vaccines Market

• Merck & Co., Inc.
• Zoetis
• Boehringer Ingelheim International GmbH
• Virbac,
• Biogénesis Bagó,
• Indian Immunologicals Ltd.
• Elanco
• Ceva
• Phibro Animal Health Corporation
• Neogen Corporation
• Intas Pharmaceuticals Ltd
• Ourofino Saúde Animal

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Automotive Wrap Films Market is Predicted to Observe a Tremendous Growth, With a CAGR of 22.4% From 2021 To 2028: Grand View Research Inc.

San Francisco, 31 May 2021: The Report Automotive Wrap Films Market Size, Share & Trends Analysis Report By Application (Light-duty, Medium-duty Vehicles), By Region (APAC, North America), And Segment Forecasts, 2021 – 2028

The global automotive wrap films market size is expected to reach USD 19.7 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 22.4% from 2021 to 2028. High product application scope coupled with increasing demand from the light-duty vehicle applications is likely to have a positive impact on the market growth. The market has witnessed advancements, both in terms of technologies and materials, to facilitate low-cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing for a wide range of applications including heavy, medium, and light-duty vehicles. Demand for automotive wrap films in Asia Pacific is expected to grow at the fastest CAGR during the forecast period.

The growing automotive industry, rising population, and increasing disposable income levels in the emerging economies of the region are likely to be the primary factors driving the market over the coming years. The rising popularity of color-changing vehicle wraps is further expected to propel the product demand in the region. Rapid industrialization coupled with government initiatives to facilitate various policies in economies, such as India, is projected to drive market growth in the next seven years. The growing population in the region creates huge opportunities for the development of the market over the forecast period. The medium-duty vehicles segment is anticipated to witness considerable growth during the forecast period.

Growing construction, transportation, and industrial sectors are likely to increase sales of heavy-duty vehicles during the forecast period. Increasing demand for vehicle branding coupled with the rising number of heavy-duty vehicle sales in North America is expected to have a positive impact on the market growth in the coming years.

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Automotive Wrap Films Market Report Highlights

• The global market was valued at USD 4.0 billion in 2020 and is estimated to grow at a CAGR of 22.4% from 2021 to 2028
• Light-duty vehicles are expected to be the fastest-growing application segment over the forecast period
• North America accounted for the highest revenue share of the global market in 2020 and is estimated to retain the leading position throughout the forecast period
• This growth can be credited to the increasing investments in advanced processing technologies and rapidly expanding manufacturing base in North America
• On the other hand, Asia Pacific is projected to record the fastest CAGR of more than 25% from 2021 to 2028

List of Key Players of Automotive Wrap Films Market

• Avery Dennison Corp.
• Arlon Graphics, LLC
• 3M Company
• Ritrama S.p.A.
• Hexis S.A.
• JMR Graphics, Inc.
• Vvivid Vinyl

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Dark Fiber Network Market Expanding At A CAGR 9.3% For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 31 May 2021: The Report Dark Fiber Network Market Size, Share & Trends Analysis Report By Fiber Type (Single Mode, Multi-mode), By Network Type (Metro, Long-haul), By Application, By Region, And Segment Forecasts, 2021 – 2028

The global dark fiber network market size is estimated to reach USD 10.05 billion by 2028, according to the new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.3% from 2021 to 2028. Dark fiber has emerged as a sustainable solution for various organizations that are focusing on enhanced communication and network management. Continuously increasing penetration of internet services over the period has paved the way for the high demand for internet bandwidth. This demand is expected to remain rampant over the forecast period. This is the most significant factor responsible for market growth across the globe. The market is strongly supported by companies with a high reliance on internet connectivity. These networks are highly beneficial for organizations with a high volume of data flow in their operation. These benefits include reduced network latency, scalability, reliability, and enhanced security.

In fiber-optic communications, fiber optic cables that are not yet put in service by a provider or carrier, are termed as dark fiber or unlit fiber. Network communications and telecom usually use the network, and currently, there are lots of dark fiber cables across the globe. In regular fiber networks, information is sent through the cables in light pulses. Whereas, dark fiber networks are known to be ‘dark’ as no light or data is transmitted from them.

Dark fiber networks can be installed and set up using point-to-multipoint or point-to-point configurations. Dense Wavelength Division Multiplexing (DWDM) is an essential factor for the improvement and development of dark fiber networks. DWDM occurs when many data signals are transmitted using the same optical fiber at the same time. Although these signals are transmitted around the same time, they are transmitted at separate and unique wavelengths to keep these data signals separate. The significant benefits of DWDM include an increase in bandwidth of the optical fiber, high-quality internet performance, lightning-fast internet, and a secure and powerful network.

Dark fiber networks are not just used for business purposes but can be installed beneath land and oceans. Some of the interesting use cases of dark fiber include earthquake research and monitoring permafrost. Amongst many advantages, some of the disadvantages of the dark fiber network include high initial cost and loss of time in setting up your infrastructure, and high repairing and maintenance costs. Similarly, large dark fiber networks are currently available in metropolitan cities only and are yet to become available in small cities and towns.

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Dark Fiber Network Market Report Highlights

• The significant benefits of DWDM include an increase in bandwidth of the optical fiber, high-quality internet performance, lightning-fast internet, and secure and powerful network
• Telecommunication is anticipated to present promising growth prospects due to the growing adoption of the 5G technology in communication and data transmission services
• Medical and military and aerospace application segments are poised to witness significant growth, attributed to the increasing adoption of optic technology devices
• Asia Pacific is expected to witness the fastest growth owing to technological advancements and large-scale adoption of the technology in the IT and telecommunication and administrative sectors
• The key market players include AT&T, Inc.; Colt Group SA; Comcast Corporation; Consolidated Communications; Interoute Communications Ltd.; Level 3 Communications, Inc. (CenturyLink, Inc.); NTT Communications; and Verizon Communications, Inc.
• The report provides lease pricing estimations for the year 2020 for both metro and non-metro regions for prominent countries. These price estimations are provided for various dark fiber distance brackets

List of the Key Players in the Dark Fiber Network Market

• AT&T Intellectual Property
• Colt Technology Services Group Limited
• Comcast, Consolidated Communications
• GTT Communications, Inc.
• Level 3 Communications, Inc. (CenturyLink, Inc.)
• NTT Communications Corporation
• Verizon Communications, Inc.
• Windstream Communications
• Zayo Group, LLC

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Augmented Reality & Virtual Reality in Healthcare Market is Predicted to Observe a Tremendous Growth, With a CAGR of 27.2%From 2021 To 2028: Grand View Research Inc.

San Francisco, 28 May 2021: The Report Augmented Reality & Virtual Reality In Healthcare Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Service), By Technology (Augmented Reality, Virtual Reality), By Region, And Segment Forecasts, 2021 – 2028

The global augmented reality & virtual reality in healthcare market size is expected to reach USD 9.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 27.2% from 2021 to 2028. Increasing advancements and digital disruptions in the healthcare system, rising healthcare expenditure, and the rising need for efficient and innovative solutions to enhance clinical and operational outcomes are contributing to the growth of the market. Augmented reality (AR) and virtual reality (VR)technologies are witnessing widespread adoption in surgical departments, simulation labs, education and training, and chronic pain management.

The rising number of complex surgeries is driving the demand for VR-based models to assist the surgeon. AR-based apps are used in multiple spaces such as training and education modules and patient care management tools. Innovators are receiving recognition in the form of increased investments by venture capitalists and collaboration opportunities by established players. For instance, in September 2020 OssoVR rose funding of USD 14.0 million and planned to utilize the funding towards developing virtual reality-based surgical and medical device training modules.

The hardware component segment witnessed the highest adoption owing to the rising adoption of AR and VR into different fields of healthcare. These devices range from desktops to wearable devices to display devices. Due to their audio-visual significance AR and VR is being widely adopted in education, simulation, telemedicine, and data visualization. Increasing product development in this space is contributing to market growth. For instance, in February 2019 Philips Healthcare launched a mixed reality solution by collaborating with Azurion and Microsoft. However, the services segment is expected to witness a significant CAGR during the forecast period owing to the growing need to create an immersive experience for the customer. The rising adoption in clinical trials, psychological treatment, advanced diagnostics, surgeries, and body mapping is expected to support market growth.

In addition, AR technological solutions are widely used in surgical procedures, fitness management, education and training, patient care management, medical imaging and is expected to be implemented in many more functionalities. Recent advancements in AR components have reduced the cost of augmented reality solutions and enhanced customer experience. The increasing prevalence of diseases and surgeries along with advancements in healthcare infrastructure and IT are some of the driving forces. Medical education and training using augmented reality technological solutions is also emerging rapidly and is expected to support growth. On the other hand, virtual reality technology is expected to be the fastest-growing region during the forecast period owing to the rapid integration of technology into healthcare services. VR technological solutions are widely used in telemedicine, anatomy visualization, and diagnostics. Additionally, it provides hands-on experience in medical education which is expected to contribute to market growth.

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Augmented Reality & Virtual Reality In Healthcare Market Report Highlights

• The market is anticipated to grow well over the forecast period owing to the rapidly transforming and digitalization of the healthcare space
• Hardware component segment dominated the global augmented reality and virtual reality in healthcare market in 2020, owing to increased use in training, simulation, surgeries, and diagnostics
• The augmented reality technology segment dominated the market in 2020 owing to the growing adoption of inpatient care management, training and education, and medical imaging
• North America dominated the market in 2020 owing to sophisticated healthcare infrastructure and widespread awareness of the benefits of AR and VR in healthcare

List of Key Players in the Augmented Reality And Virtual Reality In Healthcare Market

• CAE
• GE Healthcare
• Koninklijke Philips N.V.
• Intuitive Surgical
• Siemens Ltd
• Eon Reality, Inc
• Layar
• Bioflight VR
• WorldViz
• TheraSim Inc
• Mindmaze

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Off-Highway Vehicle Lighting Market Expected To Witness A Substantial Growth Of USD 1,565.3 Million By 2028: Grand View Research Inc.

San Francisco, 28 May 2021: The Report Business Software And Services Market Size, Share & Trends Analysis Report By Software, By Service, By Deployment, By End-use, By Enterprise Size, By Region, And Segment Forecasts, 2021 – 2028

The global business software and services market size is expected to reach USD 911.77 billion by 2028, registering a CAGR of 11.3% from 2021 to 2028, according to a new report by Grand View Research, Inc. Increasing volume of business data and automation of business processes across various industries such as healthcare, retail, and manufacturing are expected to drive the market growth over the forecast period.

Benefits such as timely product delivery, reduced production costs, and improved operational efficiency rendered by effective business software and services are expected to propel the market growth over the forecast period. Business software and services are extensively used in corporate processes as they help in reducing operational costs. Furthermore, business software allows organizations to merge all aspects of the business into a single central system; thereby increasing transparency in operations. This is also expected to contribute to market growth.

Enterprises are increasingly adopting cloud-based deployment solutions owing to technological developments and a growing focus on offering flexibility and mobility to users. This is prompting vendors to develop software solutions that can be deployed through cloud platforms. The growing use of cloud-based platforms has triggered the demand for cloud-based software solutions and services among small- and medium-sized enterprises owing to advantages such as flexibility and mobility.

Technological innovation, the growing use of new data sources, and the penetration of cloud-based services are further driving the need for customized software solutions for specific business operations. The increasing demand for optimized delivery mechanisms, from point of production to the point of consumption, is encouraging enterprises to adopt supply chain management software.

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Business Software and Services Market Report Highlights

• The sales and marketing segment is anticipated to register the highest CAGR from 2021 to 2028. Sales and marketing management software is widely used by businesses to combine their sales procedures and tasks and this is contributing to its increased demand
• The support and maintenance segment dominated the market in 2020. This can be attributed to the emergence of software business models to identify and fix issues related to product quality
• The cloud segment is expected to emerge as the fastest-growing deployment segment over the next seven years as it eliminates the need to periodically and manually upgrade business software solutions and enables users to access data from any location in a hassle-free way
• The small and medium enterprises segment is expected to register a significant CAGR over the forecast period. The growing number of government initiatives through digital Small and Medium Enterprise (SME) campaigns such as video marketing, social media, and search engine marketing is expected to drive the growth of the small & medium enterprises segment
• The healthcare segment is expected to emerge as the fastest-growing end-use segment over the next seven years. This growth can be attributed to the increasing demand for process streamlining in the documentation process, health data exchange, and its storage
• North America accounted for the largest market share in terms of revenue and is expected to continue to dominate the market over the forecast period. Increased adoption of advanced technologies such as hybrid architecture, machine learning, artificial intelligence, and blockchain is contributing to the market growth in North America

List of Key Players in the Business Software And Services Market

• Acumatica, Inc.
• Deltek, Inc.
• Epicor Software Corporation
• IBM Corporation
• Infor Inc.
• NetSuite Inc.
• Microsoft Corporation
• SAP SE
• Oracle Corporation
• Totvs SA
• Unit4
• SYSPRO

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Business Software and Services Market Expanding At A CAGR 11.3%For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 28 May 2021: The Report Business Software And Services Market Size, Share & Trends Analysis Report By Software, By Service, By Deployment, By End-use, By Enterprise Size, By Region, And Segment Forecasts, 2021 – 2028

The global business software and services market size is expected to reach USD 911.77 billion by 2028, registering a CAGR of 11.3% from 2021 to 2028, according to a new report by Grand View Research, Inc. Increasing volume of business data and automation of business processes across various industries such as healthcare, retail, and manufacturing are expected to drive the market growth over the forecast period.

Benefits such as timely product delivery, reduced production costs, and improved operational efficiency rendered by effective business software and services are expected to propel the market growth over the forecast period. Business software and services are extensively used in corporate processes as they help in reducing operational costs. Furthermore, business software allows organizations to merge all aspects of the business into a single central system; thereby increasing transparency in operations. This is also expected to contribute to market growth.

Enterprises are increasingly adopting cloud-based deployment solutions owing to technological developments and a growing focus on offering flexibility and mobility to users. This is prompting vendors to develop software solutions that can be deployed through cloud platforms. The growing use of cloud-based platforms has triggered the demand for cloud-based software solutions and services among small- and medium-sized enterprises owing to advantages such as flexibility and mobility.

Technological innovation, the growing use of new data sources, and the penetration of cloud-based services are further driving the need for customized software solutions for specific business operations. The increasing demand for optimized delivery mechanisms, from point of production to the point of consumption, is encouraging enterprises to adopt supply chain management software.

Access Research Report of Business Software and Services Market @ https://www.grandviewresearch.com/industry-analysis/business-software-services-market

Business Software and Services Market Report Highlights

• The sales and marketing segment is anticipated to register the highest CAGR from 2021 to 2028. Sales and marketing management software is widely used by businesses to combine their sales procedures and tasks and this is contributing to its increased demand
• The support and maintenance segment dominated the market in 2020. This can be attributed to the emergence of software business models to identify and fix issues related to product quality
• The cloud segment is expected to emerge as the fastest-growing deployment segment over the next seven years as it eliminates the need to periodically and manually upgrade business software solutions and enables users to access data from any location in a hassle-free way
• The small and medium enterprises segment is expected to register a significant CAGR over the forecast period. The growing number of government initiatives through digital Small and Medium Enterprise (SME) campaigns such as video marketing, social media, and search engine marketing is expected to drive the growth of the small & medium enterprises segment
• The healthcare segment is expected to emerge as the fastest-growing end-use segment over the next seven years. This growth can be attributed to the increasing demand for process streamlining in the documentation process, health data exchange, and its storage
• North America accounted for the largest market share in terms of revenue and is expected to continue to dominate the market over the forecast period. Increased adoption of advanced technologies such as hybrid architecture, machine learning, artificial intelligence, and blockchain is contributing to the market growth in North America

List of Key Players in the Business Software And Services Market

• Acumatica, Inc.
• Deltek, Inc.
• Epicor Software Corporation
• IBM Corporation
• Infor Inc.
• NetSuite Inc.
• Microsoft Corporation
• SAP SE
• Oracle Corporation
• Totvs SA
• Unit4
• SYSPRO

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Thermoform Packaging Market Size Worth $ 64.21 Billion By 2028: Grand View Research Inc.

San Francisco, 28 May 2021: The Report Thermoform Packaging Market Size, Share & Trends Analysis Report By Material (PET, PE, PP), By Product Type (Containers, Clamshell), By End-use Industry (Pharmaceuticals, Food & Beverage), By Region, And Segment Forecasts, 2021 – 2028

The global thermoform packaging market size is expected to reach USD 64.21 billion by 2028 registering a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. High adoption of products, such as blisters & clamshell packaging, containers, and trays & lids, by the end-user industries including food & beverages, electronics, pharmaceuticals, and personal care & cosmetics, coupled with increased penetration of organized and e-retail, have been driving the market from the past several years.

In thermoforming, the thermoplastic sheet is heated up to its pliable temperature and then placed over a mold until it cools and takes shape of the mold. A thin-gauge sheet, which is usually less than 0.060 inches, is mainly used to produce rigid disposable products, such as trays, bowls, containers, plates, and others. Thermoforming plastic molding process offers several advantages over injection molding including lower tooling cost, less wastage of material, and less per-unit cost for short-run production, owing to which the end-use industries, primarily food & beverages, mainly prefer thermoformed packaging products.

The packaged food industry, wherein thermoformed trays, containers, and tubs are widely used for the packaging of meat, fruits, eggs, and ready meals, is rapidly expanding across the world. Increasing urbanization and penetration of retail networks coupled with changing lifestyles are majorly contributing to the growth of the global packaged food industry, and thereby augmenting the product demand. Moreover, the rising micro-family structure, which creates demand for single-serve packaging, is expected to favor the growth of the market.

Global electronic manufacturers are mainly focusing on the development of compact devices, as they are easy to carry, which, in turn, is expected to benefit the usage of products such as trays and containers. However, electronics and food manufacturers are gradually shifting towards sustainable products, such as molded pulp trays. This increasing availability of alternative solutions coupled with the growing awareness regarding sustainability among consumers is likely to limit the market growth over the forecast period.

Due to their effectiveness, thermoformed blisters are widely utilized for the packaging of pharmaceutical solid oral dose products, such as capsules and tablets. These benefits of blisters along with their low cost and ease of usage are attracting North American pharmaceutical companies to switch from the traditional bottle packaging for solid oral doses, thereby supporting market growth. Moreover, the rising prevalence of chronic diseases coupled with the growing aging population has been driving the global pharmaceutical industry, which in turn, is expected to increase the product application scope in the pharmaceutical industry.

Asia Pacific is estimated to be the largest as well as the fastest-growing regional market from 2021 to 2028. This growth is credited to the rapid penetration of organized and e-retail sectors coupled with increased spending on processed food and consumer products, which drive the product demand in the regional market. Market participants across the globe compete on the basis of product differentiation and services offered. Pactiv LLC emerged as the market leader in 2020 on account of its wide-scale product offerings, especially for food & beverage applications.

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Thermoform Packaging Market Report Highlights

• The food & beverage end-user industry segment led the global market accounting for the largest revenue share of over 51% in 2020
• The segment will grow further at a steady CAGR from 2021 to 2028 owing to the rising adoption of thermoformed trays, containers, and blisters by packaged food manufacturers and meat processors
• The pharmaceutical end-user industry segment accounted for a significant revenue share in 2020 and is estimated to expand further at the fastest CAGR from 2021 to 2028
• This growth can be attributed to the extensive incorporation of thermoform blisters by the pharmaceutical companies for the unit dose packaging
• The containers product segment accounted for the highest revenue share of over 26% in 2020 owing to high product adoption in the packaging of ready meals and processed food & beverages by the food processing companies
• PET led the material segment with a revenue share of 45.0% in 2020 and is expected to witness significant growth from 2021 to 2028
• Low cost, versatility in molding, transparency, and ease of recycling offered by PET materials are the few factors responsible for the segment growth

List of Key Players of Thermoform Packaging Market

• Amcor
• Sonoco Products Company
• Placon Corp.
• Display Pack, Inc.
• Pactiv LLC
• Dart Container Corp.
• Constantia
• Tray-Pak Corp.
• D&W Fine Pack
• Lacerta Group, Inc.
• RPC Group Plc
• Silgan Holdings, Inc.
• Sinclair & Rush, Inc.
• Rompa Group

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Window Film Market Size Worth $ 14.97 Billion By 2028: Grand View Research Inc.

San Francisco, 27 May 2021: The Report Window Film Market Size, Share & Trends Analysis Report By Product (Decorative, Sun Control), By Application (Automotive, Commercial), By Region (North America, Europe, APAC), And Segment Forecasts, 2021 – 2028

The global window film market size is expected to reach USD 14.97 billion by 2028, according to a new report by Grand View Research, Inc., registering at a CAGR of 5.1% over the forecast period. The rapidly growing global construction industry is expected to drive the demand for window films. The construction sectors in emerging economies are expected to grow faster than in developed economies. Middle East & Africa is expected to witness significant growth owing to increasing investments in infrastructure and economic development.

Amid the global Covid-19 pandemic, the ongoing construction projects have stalled for a short period of time. Before the pandemic, countries, such as China, India, Indonesia, Malaysia, Thailand, Vietnam, and Brazil, witnessed increased construction activities owing to rapid urbanization and increasing disposable income. Rising awareness, increasing demand for sustainable infrastructure, and increasing construction spending by the governments in these economies are expected to have a positive impact on the market growth over the forecast period.

On account of diversifying the economy of Saudi Arabia from an oil-based economy to a tourism-based economy, the government of Saudi Arabia is investing heavily in infrastructure development and the concept of green building is also gaining popularity, which, in turn, will drive the product demand in Saudi Arabia.

Decorative window film is anticipated to progress at a substantial growth rate over the forecast period. Decorative window films enhance the look of the windows. They help reduce energy costs, eliminate window glare, prevent the fading of carpets & furniture, and add aesthetic values to the buildings. They are widely used in residential and commercial applications, such as conference rooms, offices, curtain wall glass, hallways, and stairways.

Increasing product usage in residential applications, such as bathrooms, entry doors, solariums, and sidelights, and in commercial applications, such as restaurants, hotel foyers, conference rooms, banks, and office portioning, is expected to spur the market growth over the forecast period. Rising window tinting activities on existing windows and stringent regulations for developing green buildings are expected to drive product demand in residential applications.

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Window Film Market Report Highlights

• The global market was valued at USD 10.22 billion in 2020 and is estimated to grow at a CAGR of 5.1% from 2021 to 2028
• In terms of revenue, the sun control segment accounted for the largest revenue share of over 46% in 2020 and is expected to expand further at a prominent CAGR over the forecast period
• The automotive application segment dominated the global market and accounted for more than 35% of the overall revenue share in 2020
• North America was the dominant regional market in 2020 and accounted for a revenue share of more than 32%
• The regional growth can be credited to the high product demand from the automotive, marine, residential and commercial application segments
• Various strategic initiatives were recorded over the past few years to boost the growth of the market
• For instance, in August 2019, Madico, Inc. announced a new distribution company named Madico Canada for the distribution of window films in Canada. The new entity was formed by the acquisition of Courage Distributing, Inc. and Window Film Systems, which were the Canadian distributors of window films and have distribution centers in British Columbia, Oakville, Richmond, and Ontario

List of Key Players of Window Film Market

• 3M
• Eastman Chemical Company
• Saint-Gobain Performance Plastics Corp. (Solar Gard)
• Madico, Inc.
• Toray Plastics (America), Inc.
• Hanita Coatings RCA Ltd. (Avery Dennison Israel Ltd.)
• Garware Suncontrol

Access Press Release of Window Film Market @ https://www.grandviewresearch.com/press-release/global-window-films-market

Titanium Dioxide Market Size Is Projected To Reach USD 32.41 Billion By 2028: Grand View Research Inc.

San Francisco, 27 May 2021: The Report Titanium Dioxide Market Size, Share & Trends Analysis Report By Application (Paints & Coatings, Plastics, Pulp & Paper, Cosmetics), By Region (APAC, North America, Europe), And Segment Forecasts, 2021 – 2028

The global titanium dioxide market size is expected to reach USD 32.41 billion by 2028, registering a CAGR of 8.9% over the forecast period, according to a new report by Grand View Research, Inc. The increasing application scope of the product as specialty coating materials in the automotive industry and photovoltaic systems is slated to drive the growth of the market during the forecast period.

The paints & coatings industry has been witnessing significant growth in recent years, mainly on account of the increasing consumption in key end-use verticals, including construction, automotive, aerospace, and energy & power. The growing product application scope as whitening pigments in paints & coatings is expected to have a positive impact on the titanium dioxide (TiO₂) market growth.

The growing awareness among consumers of emerging economies, such as the BRICS nations, regarding personal hygiene and care has led to considerable growth of the cosmetics industry. The growing consumption of the product as a UV filter and whitening agent in cosmetic goods is expected to drive the overall market during the forecast period.

The plastics vertical is expected to witness the highest growth rate over the forecast period, in terms of revenue. The performance attributes of the product, including weather ability, whiteness, opacity, and lacing resistance, play a major role in the quality and effectiveness of plastic commodities.

Access Research Report of Titanium Dioxide Market @ https://www.grandviewresearch.com/industry-analysis/titanium-dioxide-industry

Titanium Dioxide Market Report Highlights

• The market is mainly driven by the increasing application scope of the product in the plastics, paints & coatings, and cosmetics industry verticals
• The plastics segment accounted for a significant revenue share in 2020 and is expected to witness the highest growth rate of more than 9% over the forecast period
• The product demand in paints & coatings applications is expected to grow at a CAGR of 8.3% during the forecast period
• Asia Pacific was the largest regional market in 2020 due to the rapid growth of the application industries including paints & coatings, plastics, and cosmetics in key economies of the region
• The major industry players are investing heavily in R&D for the introduction of new cost-effective manufacturing techniques
• For instance, a joint venture was formed by Cristal and Toho Titanium Company Ltd. in January 2014, to produce titanium sponge at competitive costs and thereby introducing integration across the value chain

List of Key Players of Titanium Dioxide (TiO₂) Market

• Du Pont
• Tronox Ltd.
• The Chemours Company
• NL Industries, Inc.
• Huntsman Corp.
• Evonik Industries

Access Press Release of Titanium Dioxide Market @ https://www.grandviewresearch.com/press-release/global-titanium-dioxide-market