Specialty Pulp & Paper Chemicals Market Segmented On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 22 Nov 2022: The Report Specialty Pulp & Paper Chemicals Market Size, Share & Trends Analysis Report By Product (Basic, Functional, Bleaching, Process), By Application, By Region, And Segment Forecasts, 2022 – 2030

The global specialty pulp & paper chemicals market size is anticipated to reach around USD 28.1 billion by 2030, registering a revenue-based CAGR of 3.1% during the forecast period, according to a new report by Grand View Research, Inc. Growing consumer demand for the sustainable and high-quality packaging materials is expected to drive the product demand during the forecast period.

These specialty pulp and paper products help in process improvement, weight reduction, increasing strength, and reducing water requirements thus lowering the production cost. These can be added during different stages of the papermaking process including wet end size press or in the drying stage. Proper and efficient use of these chemicals involves details on addition sequence, knowledge of pH, and conductivity along with components in furnish.

The functional chemical segment is likely to hold a significant market share owing to the widespread use of products such as starch, latex, binders, and other agents to enhance the quality of the paper. Bleaching chemicals such as sodium hypochlorite, hydrogen peroxide, and enzymes are also gaining popularity as they enhance the final brightness of the product and decrease the effluent color.

Increasing demand for high-quality quality paper is expected to augment the consumption of Optical Brightening Agent (OBA) and Fluorescent Brightening Agent (FBA) during the next few years. However, growing awareness regarding the toxic nature and impact of these chemicals on the environment is anticipated to negatively impact the market for specialty pulp & paper chemicals and restrict its growth during the forecast period.

COVID-19 had a negative impact on the market for specialty paper & pulp chemicals owing to the reduced demand from the end-user industries. The closure of schools, colleges, and various manufacturing plants across the globe reduced the demand for specialty paper chemicals. However, the demand for pulp and paper chemicals for food packaging products and personal hygiene products witnessed significant growth during the pandemic.

Ashland, Incorporated; BASF SE, Buck man Laboratories International, Inc.; The Dow Chemical Company; and Royal Dutch Shell Plc. are the leading providers in the market. These companies account for a substantial market share and sale of specialty pulp and paper products due to high production capacities and a superior client base.

The companies in this industry are working towards providing sustainable solutions, as the industry is dependent on various natural resources. For instance, The, Dow Chemical Company’s product options and solutions help to reduce solvent and processing-chemical requirements, reduce energy and processing-water requirements, reduce waste, etc.

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Specialty Pulp & Paper Chemicals Market Report Highlights

• Functional chemicals are projected to be the largest product segment and are expected to expand at a CAGR of 3.3% from 2022 to 2030. Increasing demand for high-quality paper products is expected to drive the demand for pulp and paper chemicals during the forecast period
• Among application segments, the packaging segment accounted for the largest share of around 41.0% in 2021. This is due to the high demand for paper packaging in the food industry
• Increasing production cost and rising competition for premium packaging is projected to positively influence the specialty pulp & paper chemicals market growth in the coming years
• The Asia Pacific is anticipated to be the fastest as well as the largest emerging regional segment. Growth in retail infrastructure development is expected to support the growing need for the packaged goods in this region

List of the Key Players in Global Specialty Pulp & Paper Chemicals Market

• Ashland
• BASF SE
• Buck man
• Dow Chemical Company
• Ecolab
• SNF Group
• Evonik Industries AG
• Nouryon
• So lenis

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Traffic Road Marking Coatings Market Outlook On The Basis Of Product, Type, Application, Region And Forecast From 2022 to 2030: Grand View Research Inc.

San Francisco, 22 Nov 2022: The Report Traffic Road Marking Coatings Market Size, Share & Trends Analysis Report By Product (Paint, Thermoplastic, Preformed Polymer Tape), By Type, By Application, By Region, And Segment Forecasts, 2022 – 2030

The global traffic road marking coatings market size is likely to reach USD 8.27 billion by 2030 at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Technological advancement is an important factor in the market growth as countries are becoming more concerned about public health and safety. Growing environmental concerns are driving the need for greener products in a bid to promote a healthy environment.

The market witnessed slight growth in 2020, despite the outbreak of the COVID-19 pandemic. The reduced traffics due to the restrictions on transportation/traveling and other vital economic activity benefitted several road maintenances, bridge & road construction, and building projects. Apart from road building, the restrictions on air travel and flight reductions provided a chance to evaluate runway construction windows.

Paints are regarded as a major source of harmful VOC emissions. This has resulted in the development of thermoplastic coatings and other eco-friendly alternatives. Rising cases of road fatalities are another primary concern, which is forcing regional governments to invest in technological development to ensure highway safety and maintenance. There is a need for technological development to deal with such issues efficiently and improve the global economic condition as well. In June 2021, Hempel A/S acquired a game-changing technology that is expected to transform the insulating coatings business while enhancing employee safety and decreasing customers’ environmental footprint, allowing the company to produce and sell new coating products.

Manufacturers are taking initiatives to develop innovative marking systems and temperature-sensitive paints, which, in turn, is boosting the market growth. Various initiatives to improve road safety and maintenance and prevent accidents are expected to influence the overall market positively.

Furthermore, favorable regulations established by agencies such as the Environmental Protection Agency (EPA), The Traffic Signs Regulations and General Directions (TSRGD) 2002 by the Department for Transport (DT), and initiatives by the European Union to make roads safer are expected to help boost the market growth.

The overall growth rate of the market depends upon the high potential regions, such as the Asia Pacific and the Middle East & Africa, where the industrial output is expected to grow during the forecast period. Due to a considerable rise in consumerism, which is driven by economic growth, a favorable credit landscape, and increased disposable income, various countries, particularly in the Asia Pacific such as India and China, have witnessed an exponential rise in manufacturing activities. This factor has impacted the logistics activities in the aforementioned regions, thereby boosting the demand for safer roads.

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Traffic Road Marking Coatings Market Report Highlights

• Thermoplastic coatings emerged as the fastest-growing product segment in terms of revenue during the forecast period
• In terms of revenue, paint was the largest segment in 2021 with a market share of around 46% and is likely to maintain its dominance in the future
• The Asia Pacific is estimated to witness the highest growth during the forecast period on account of a rise in infrastructure spending in emerging economies, such as India, China, and Japan.
• Key players operating in the market include BASF SE, The Sherwin Williams Company, Borealis AG, SealMaster, Armacell International S.A., and Recticel Group     

List of Key Players in Traffic Road Marking Coatings Market

• AutoMark Technologies (India) Pvt. Ltd.
• The Sherwin-Williams Company
• Geveko Markings
• Ennis Flint, Inc.
• Crown Techno
• Dow Inc
• The 3M Company
• Swarco

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Textile Chemicals Market Segmented On The Basis Of Process, Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 21 Nov 2022: The Report Textile Chemicals Market Size, Share & Trends Analysis Report By Process, By Product, By Application (Apparel, Home Furnishing, Technical Textiles), By Region, And Segment Forecasts, 2022 – 2030

The global textile chemicals market is expected to reach USD 36.13 billion by 2030, as per the new report by Grand View Research, Inc., rising at a CAGR of 4.7% during the forecast period. The growth is majorly driven by increasing demand for textile products from major applications including apparel, home furnishing, technical textiles, and others.

Rapidly growing demand from the apparel industry is anticipated to propel the demand for the product during the forecast period. Home furnishing, specifically in developing economies, demanding modern and attractive furniture products is expected to have a positive impact on the growth of the market.

Numerous chemicals are used in the fabric manufacturing industry to offer a wide range of performance features during the production process, which are known as process chemicals. These end products include biopolishing enzymes, desizing enzymes, flame retardants, antiviral/antimicrobial agents, lubricating/anti-crease agents, water and oil repellents, printing auxiliaries, and softening agents.

Based on existing operations and technologies, new application areas for textile chemicals are being developed, wherein these products can help improve efficiency, promote cost reduction, reduce environmental impacts, and ensure the performance of formulations. Application sectors for the product include apparel, home furnishing, technical textiles, and others. STYLUS APPAREL, HYAK DESIGN GROUP, Suuchi Inc., TechniTextile Québec, and Stafford Textiles Limited are some of the major end-users in the market.

The manufacturing of textile chemicals is highly dependent on abundant availability and favorable costs of raw materials. In this market, successful commercialization of products such as yarn lubricants, finishing agents, coating & sizing agents, and others and investments in production capacity are some of the key strategies of the market players.

The market is highly competitive owing to the presence of a large number of manufacturers with a global presence. The leading product manufacturers include Dow, Huntsman International LLC, The Lubrizol Corporation, Archroma, Evonik Industries AG, and Solvay S.A.

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Textile Chemicals Market Report Highlights

• Asia Pacific region witnessed the fastest growth rate of 4.9% in terms of revenue from 2022 to 2030. This faster growth rate is attributable to the increasing number of new manufacturers across the region in major economies such as India, China, and others.
• Treatment of finished products is expected to grow at a faster growth rate of 5.2% in terms of revenue from 2022 to 2030. The demand for these products is expected to rise during the forecast period as the process gives the products the desired properties, as well as improves the handling and aesthetic properties
• The coating is the highest process segment accounting for 71.16% share in terms of revenue from 2022 to 2030, as it can enhance or improve the fabric properties and characteristics.
• The coating & sizing product segment accounted for the highest share of about 37.91% of the total market volume in 2021. This high share is attributable to the growing demand for chemicals that improve or enhance their aesthetic properties and characteristics in the finishing treatment of processing textiles.
• Technical textile application is expected to grow at a faster growth rate of 5.1% in terms of revenue from 2022 to 2030. The demand for these products is anticipated to augment specifically from different industries such as transportation, agriculture, construction, and others.

List of Key Players of the Textile Chemicals Market

• Kiri Industries Ltd.
• OMNOVA Solutions Inc.
• German Chemicals Ltd.
• AB Enzymes
• Organic Dyes and Pigments
• Govi N.V.
• Resil Chemicals Pvt. Ltd.
• LANXESS
• Dow
• BASF SE
• Huntsman International LLC
• Kemira Oyj
• The Lubrizol Corporation
• Archroma
• Omya United Chemicals
• BioTex Malaysia
• Fibro Chem, LLC
• Evonik Industries AG
• Ethox Chemicals, LLC
• Solvay S.A.

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Perfusion System Market Trends Analysis Report By Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 21 Nov 2022: The Report Perfusion System Market Size, Share & Trends Analysis Report By Application (Cardiopulmonary Perfusion System, Cell Perfusion System, Ex-vivo Organ Perfusion System), By Region, And Segment Forecasts, 2022 – 2030

The global perfusion system market size is projected to reach USD 1.54 billion by 2030, according to a new report by Grand View Research, Inc. Furthermore, the market is projected to advance at a CAGR of 4.7% from 2022 to 2030. Factors such as the growing prevalence of chronic diseases and the rise in the number of organ transplants and multiple organ failures are anticipated to boost the market growth. In addition, increasing investments in cell-based research and a rise in biologics manufacturing are further expected to impel the growth of the perfusion system industry.

There was a steep downfall in the sales of perfusion systems during the first half of the pandemic. The lockdowns and restrictions imposed by governments globally resulted in reduced patient visits to hospitals, a reduced number of surgeries, and a slowdown in R&D activities. However, with the increasing efforts of the government and healthcare professionals to curb the spread of the virus and prepare for similar events in the future, the market began to recover in 2021 and is expected to flourish during the forecast period.

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Perfusion System Market Report Highlights

• Based on application, the perfusion systems market is segmented into cardiopulmonary perfusion system, cell perfusion system, and ex-vivo organ perfusion system. The cardiopulmonary perfusion system dominated the market in 2021 due to the high prevalence of cardiac diseases globally
• In terms of region, North America accounted for the highest market share in 2021. The rising incidences of chronic disorders, a well-established healthcare sector, and a rise in the number of organ donors are driving the regional market growth
• The COVID-19 pandemic had a significant negative impact on the market for perfusion systems. Factors such as the change in healthcare priorities, social distancing, and global lockdowns resulted in a reduced number of surgeries and a fall in the number of organ donations and transplants
• The coronavirus outbreak led to a decline in the sales of perfusion systems; however, post the first wave of the pandemic, the market recovered and is expected to reach its pre-COVID growth level during the forecast period

List of Key Players in the Perfusion System Market

• Getinge AB, plc
• LivaNova
• Nipro Corporation
• Terumo Corporation
• XENIOS AG
• Medtronic
• Repligen Corporation
• Spectrum Laboratories, Inc.
• Harvard Bioscience, Inc.
• ALA Scientific Instruments, Inc.
• Lifeline Scientific, Inc.
• Merck KGaA
• XVIVO Perfusion AB.

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Preclinical Medical Device Testing Services Market Segment Analysis By Service, Region And Forecast Till 2030: : Grand View Research Inc.

San Francisco, 21 Nov 2022: The Report Preclinical Medical Device Testing Services Market Size, Share & Trends Analysis Report By Service (Biocompatibility Tests, Chemistry Test, Microbiology & Sterility Testing, Package Validation), By Region, And Segment Forecasts, 2022 – 2030

The global preclinical medical device testing services market share is expected to reach USD 4.9 billion by 2030, according to a new report by Grand View Research, Inc. The rising incidence of diseases has provided manufacturers with different approaches for the formation of medical devices and increasing demand for technologically advanced medical devices are the main factors driving the market growth.

The pace of technological advancement in the healthcare industry has vastly increased in recent years. Medical device technology advancements support simple, painless treatment during disease management. Additionally, advancements in medical device technology help with accurate and quick disease diagnosis results, as well as the affordability of technology-based therapeutic tools for disease treatment. Furthermore, numerous governmental agencies and healthcare institutions support medical research facilities. This funding is primarily intended to promote global health care innovations. The growth of medical device testing in the anticipated period is therefore supported by expanding innovation and technological advancement.

Preclinical testing plays a crucial role in the process of creating new products. Before beginning human testing, most of this testing has been completed and reports should be available. According to ISO-10993, biocompatibility testing results are needed to be included in 510(k) notifications for Class II equipment that has immediate patient contact or contact with the blood supply. This shows that the new device’s risks are “substantially equivalent” to the predicate device’s risks. In order to show the utility of the new device, validate electrical safety, or examine electromagnetic interference, the testing also involves animal and bench studies.

COVID-19 has created an enormous demand for these services. The growth was not significant during the first half, but it became more significant during the second as the industry adopted the new norms at a faster pace amid the pandemic. Numerous projects that were halted because of COVID have been restarted and PPE kits are witnessing an increase in production and testing. During the pandemic, many medical devices in high demand diverted attention from the equipment needed for surgery. The COVID-19 vaccines, ventilators, and pulse oximeters are the main products that witnessed a spike in demand.

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Preclinical Medical Device Testing Services Market Report Highlights

• The Microbiology & sterility testing segment dominated the market with a revenue share of 34.2% in 2021. It is one of the main tests included in pre-clinical medical device testing These examinations aid in identifying the occurrence of microorganisms in the device
• Based on microbiology & sterility test type, sterility test and validation dominated the market with a revenue share of 45.6% in 2021
• The chemistry test segment is anticipated to exhibit the fastest CAGR of 9.0%. The test is conducted in order to categorize, recognize, and understand the chemicals used in the production of medical devices
• Asia Pacific led the global market in 2021 and is projected to witness the fastest CAGR of 9.0% during the forecast years due to the low cost of outsourcing medical device testing services

List of Key Players of the Preclinical Medical Device Testing Services Market   

• SGS SA
• Eurofins Scientific
• Pace Analytical Services LLC
• Intertek Group Plc
• WUXI APPTEC
• TÜV SÜD AG
• Sterigenics International LLC
• Nelson Labs
• North American Science Associates, Inc.
• Charles River Laboratories International, Inc.

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Branded Generics Market Outlook On The Basis Of Drug Class, Application, Route Of Administration, Distribution Channel, Region And Forecast From 2022 to 2030

San Francisco, 21 Nov 2022: The Report Branded Generics Market Size, Share & Trends Analysis Report By Drug Class, By Application, By Route Of Administration, By Distribution Channel, And Segment Forecasts, 2022 – 2030

The global branded generics market size is expected to reach USD 375.95 billion by 2030, according to a new report by Grand View Research, Inc. Furthermore, the market is projected to expand at a CAGR of 5.7% from 2021 to 2030. Factors such as patent expiry of major products, the rising prevalence of chronic diseases, high penetration of generic products, and government initiatives to promote them for reducing the overall healthcare expenditure are among the primary growth drivers. 

The patent expiry of branded products primarily fuels industry growth. Drugs, such as Revlimid and Alimta, may cost up to USD 500 a month, which affects the overall healthcare expenditure and affordability for patients suffering from chronic diseases. Eli Lilly & Company’s Alimta is expected to lose its patent protection by May 2022. This expiry of product patents creates opportunities for generics and biosimilar manufacturers. 

However, over the past few years, the trend of ANDA approvals for generic drugs had been steadily decreased. It can be observed that the number of ANDA approvals decreased from 1,014 in 2019 to 948 in 2020 and further declined to 776 in 2021. Such factors could slow down industry growth in the coming years. 

The growing burden of infectious & non-infectious diseases, coupled with the rising geriatric population, which is more susceptible to chronic diseases such as diabetes, hypertension, and obesity, is expected to positively impact the industry growth. According to an NCBI article, there were 537 million patients suffering from diabetes in 2021 globally. 

The COVID-19 pandemic moderately impacted the branded generics space. Due to lockdown situations and stringent government regulations to curb the pandemic, a slowdown and disruption in the supply of pharmaceuticals had been observed in the initial phase of the pandemic. In addition, regulatory operations also affected reimbursement decisions and approvals of new products in the space. However, the market regained its pace by the end of 2020 in most countries. 

Companies are introducing novel products to strengthen their product portfolio. In March 2022, Viatris, Inc. received the U.S. FDA’s approval for Breyna, the first generic version of AstraZeneca’s Symbicort, intended for the treatment of COPD. Moreover, in February 2019, Mylan N.V. introduced the first generic version of ADVAIR DISKUS (fluticasone propionate and salmeterol inhalation powder) under the brand Wixela Inhub for the treatment of patients with Chronic Obstructive Pulmonary Disease (COPD) or asthma. This branded generic was claimed to be 70% cheaper than the originator product.

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Branded Generics Market Report Highlights

• The anti-hypertensive drug class segment contributed to a significant revenue share of 15.67% in 2021, due to factors such as increasing demand owing to the rising burden of cardiovascular diseases and the growing penetration of generic products
• The oral dosage form was the largest segment in 2021, due to several advantages of oral dosage such as the ease of administration and no nursing requirements, leading to higher patient acceptability and compliance
• The retail pharmacy distribution channel dominated the space in 2021 owing to factors such as the growing presence of retail pharmacy chains and tie-ups of these chains with established hospitals
• Asia Pacific dominated the space in terms of revenue in 2021, mainly due to the presence of key players, high prescription rate & preference for branded generics, increasing prevalence of chronic diseases, and growing geriatric population 

List of Key Players in the Branded Generics Market

• Viatris Inc.
• Sun Pharmaceutical Industries Ltd.
• LUPIN
• GlaxoSmithKline plc
• Sanofi
• Endo International plc
• Reddy’s Laboratories Ltd.
• Apotex, Inc.
• Pfizer, Inc.
• Teva Pharmaceutical Industries Ltd.

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Assisted Walking Devices Market In-Depth Research On Basis Of Product Type, Distribution Channel, End-User, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 21 Nov 2022: The Report Assisted Walking Devices Market Size, Share & Trends Analysis Report By Product Type (Canes, Crutches, Walkers, Gait Trainers), By Region, And Segment Forecasts, 2022 – 2030

The global assisted walking devices market size is anticipated to reach USD 6.1 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.6% during the forecast period. The high growth of the market is anticipated due to the steep increase in the geriatric population, the rising prevalence of chronic disorders such as Parkinson’s disease, arthritis, tendonitis, and conversion disorder, and the rising demand for rehabilitation devices and equipment succeeding procedures.

Furthermore, apart from the government and private institution’s initiatives to encourage the use of these assistive walking devices to support the physically challenged, the technology advanced innovations are also transforming the current assisted devices, which are expected to serve as a key factor for the market growth during the forecast period. 

With the COVID-19 pandemic, there are massive economic suffering and health problems around the world. For instance, obesity, it has been observed that obesity represents a risk factor for a more serious and complicated course of coronavirus in adults. The outbreak has had a significant impact on the population’s health and health-related issues. Lengthy social isolation due to global restrictions, whether imposed by others or self-imposed increased the risk of developing depression, anxiety, and high stress.

These pandemic-related factors have affected two very important health-related behaviors associated with dietary behaviors, physical inactivity, and excess weight gain, leading to the major adoption of walking devices by bariatric patients. This has impacted the market to grow during the pandemic.

With the aging population on the rise, the global prevalence of arthritis is also escalating in accordance. According to the Centers for Disease Control and Prevention, by 2040, 78 million people will be suffering from arthritis in the U.S. Furthermore, due to a surging aging population, there is a higher risk factor impacting personal mobility as old age increases the susceptibility of an individual towards developing chronic conditions, hence increasing the demand for personal mobility devices such as walking devices. The rising global base of people aged 65 and above is also likely to contribute to the market growth of the market.

The key players are actively participating in the development of novel walking devices that will create a considerable impact on the quality and durability of the devices thereby influencing the market growth. 

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Assisted Walking Devices Market Report Highlights

• By product type, the walker segment held the largest market share in 2021 with a share of 62.7% due to the rising technological advancements and growing adoption of rollator walkers as they are designed for larger users who need that extra stability and support while walking.
• North America is expected to maintain its lead in the market owing to the rising prevalence of chronic disorders and various initiatives commenced by the government and private organizations offering varied supportive services for the benefit of the physically disabled people in the region. Furthermore, technological advancements, rising R&D, and the presence of major medical device players in the region are likely to drive the market growth during the forecast period.
• The industry is highly competitive with players including Evolution Technologies, HUMAN CARE, Briggs Healthcare, Benmor Medical, Carex Health Brands, TOPRO, Invacare Corporation, Drive medical design, Eurovema AB., and Others.

List of Key Players in the Assisted Walking Devices Market

• Medline Industries
• Karman
• Benmor Medical
• Briggs Healthcare
• Carex Health Brands
• TOPRO
• Invacare Corporation
• Drive medical design
• Eurovema AB.
• HUMAN CARE

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Ambulance Services Market Outlook On The Basis Of Transport Vehicle, Equipment, Emergency Services, Type, Region And Forecast From 2022 to 2030: Grand View Research Inc.

San Francisco, 18 Nov 2022: The Report Ambulance Services Market Size, Share & Trends Analysis Report By Transport Vehicle (Ground Ambulance), By Emergency Services, By Equipment, By Region, And Segment Forecasts 2022 – 2030

The global ambulance services market size is expected to reach USD 82.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.8% from 2022 to 2030. Rising cases of chronic disorders such as cardiovascular disorders, an increase in the global geriatric population, and rising cases of traumatic accidents are expected to be the key driving factors for the market.

The growth of the market is due to favorable reimbursement policies in developed nations. In the U.S., Medicare covers both emergency and non-emergency ambulance services for medically necessary cases, given that the supplier fulfills stipulated requirements. In some cases, Medicare also covers irregular and unscheduled non-emergency trips. Medicare covers around 80.0% of the amount for emergency services while the remaining 20.0% is covered by the insurance policy of the patient.

Moreover, there has been a constant increase in the number of traumatic accidents globally. For instance, as per Association for Safe International Road Travel, around 1.35 million people die due to road accidents, whereas 20-25 million people suffer injuries leading to permanent disability. Thus, with the rising number of road accidents, the demand for air ambulances is expected to increase, thereby impelling the market.

Furthermore, the market witnessed a tremendous spike during the COVID-19 pandemic. For instance, as per Maharashtra Emergency Medical Service (MEMS), during the second wave of COVID-19, there was a 33% spike from 2020 and an 18% increase from the pre-pandemic period. Additionally, with a decline in COVID-19 cases, the demand for ambulance services might affect negatively during the year 2022-2023. However, the market is expected to grow at a significant pace post-2023. This can be attributed to the increasing number of ambulances globally. For instance, as per The Hindu, in May 2021, the Greater Chennai Corporation launched 250 COVID-19 special ambulances for 15 zones of the city.

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Ambulance Services Market Report Highlights

• On the basis of transport vehicles, the ground ambulance segment dominated the market and accounted for a revenue share of 48.7% in 2021. This can be attributed to rising accident cases globally
• Based on emergency services, the emergency services segment is projected to witness the fastest CAGR of 10.1% during the forecast duration
• On the basis of equipment, the advanced life support ambulance segment is expected to dominate the market in 2021 and is also projected to witness the fastest growth over the forecast period
• North America is expected to dominate the market in 2021, whereas, Asia Pacific is anticipated to witness a CAGR of 12.4% over the forecast period, owing to the rise in chronic disorders and geriatric population in this region

List of Key Players in Ambulance Services Market

• Envision Healthcare
• London Ambulance Service NHS Trust
• Acadian Ambulance Service
• BVG India Limited
• America Ambulance Services, Inc.
• Falck Denmark A/S
• AIR MEDICAL GROUP HOLDINGS, INC. (AMGH)
• Air Methods Corporation
• Ziqitza Healthcare Limited
• MEDIVIC AVIATION

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Biodegradable Plastic Market Segmented On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 18 Nov 2022: The Report Biodegradable Plastic Market Size, Share & Trends Analysis Report By Product (Starch Based, PLA, PHA, PBAT, PBS), By Application (Packaging, Consumer Goods, Agriculture), And Segment Forecasts, 2022 – 2030

The global biodegradable plastic market size is projected to reach USD 10.0 billion by 2030, according to a report by Grand View Research, Inc., rising at a CAGR of 9.7% during the forecast period. The increasing use of biodegradable plastics, owing to strict governmental laws prohibiting the use of conventional plastics, coupled with growing awareness among the public towards the ill effects of plastic waste is stoking the growth of the market. The above factors are expected to spur market growth during the forecast period.

Biodegradable plastics are plastics that decompose in the environment within a reasonable period. Biodegradable plastics are made up of renewable raw materials. Many of these plastics require biodegradable additives to enhance the biodegradation process and some may require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw materials used and environmental conditions such as moisture and temperature.

The starch-based segment leads the global market. Starch-based plastics are used in various applications such as packaging, consumer electronics, agriculture, automotive, and textiles. PLA is also one of the most consumed biodegradable plastic-type. It is used in 3D printing, mulch film, and packaging.

Packaging is the leading application of biodegradable plastics. A ban on plastics by European Commission is anticipated to drive the segment during the forecast period. Novel applications of biodegradable plastics in the medical sector for drug encapsulation and medical surgeries are being increasingly practiced.

Around the world, people are facing grave issues of plastic waste as conventional plastics take hundreds of years to decompose. To tackle this, issue several countries have banned the use of single-use plastic products and are promoting the use of eco-friendly biodegradable plastics. Ban of non-reusable conventional plastics in many regions around the globe, especially in Europe and North America is estimated to propel the market. Additionally, improving the standard of living and increasing disposable income in developing countries are likely to augur well for the market in the Asia Pacific and Central & South America.

Key players are investing in research and development activities to create improved products that are strong and can be easily decomposed in the natural environment. Many the companies have integrated the value chain to serve customers better and improve the profits of the company

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Biodegradable Plastic Market Report Highlights

• The PHA segment is projected to expand at a noteworthy CAGR of 10.2% in terms of revenue during the forecast period
• Packaging is the largest application segment that accounted for more than 60.0% of revenue in 2021, followed by the agriculture sector
• Europe is the largest region in terms of value and volume. However, Asia Pacific is expected to emerge as the fastest-growing region for biodegradable plastics

List of Key Players of the Biodegradable Plastic Market

• Cargill Incorporated
• PTT MCC Biochem Co., Ltd.
• Biome Technologies plc
• Plantic Technologies Limited
• BASF SE
• Total Corbion PLA
• Synbra Technology BV
• Futerro
• Novamont SpA
• NatureWorks LLC
• Eastman Chemical Company
• Trineso
• Danimer Scientific
• FKuR Kunststoff GmbH

Access Press Release of Biodegradable Plastic Market @ https://www.grandviewresearch.com/press-release/global-biodegradable-plastics-market

Automotive Tinting Film Market Trends Analysis Report By Vehicle Type, Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 18 Nov 2022: The Report Automotive Tinting Film Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Cars, LCV, HCV), By Application (Windows, Windshield), By Region, And Segment Forecasts, 2022 – 2030

The global automotive tinting film market size is expected to reach USD 5.72 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% during the forecast period.

The major factor driving the demand for automotive tinting films is the increasingly global automotive production. The market demand for passenger vehicles has witnessed substantial growth, primarily in Asia, from countries such as India, China, and Japan.

The demand for passenger vehicles has seen an upsurge in developing economies on account of rapid urbanization, increasing working population, and rising disposable income. This is expected to positively impact the demand for the product over the forecast period. COVID-19 had a negative impact on the market in 2020. In the event of the pandemic, automotive production units were temporarily shut down due to the government-imposed lockdown to prevent the spread of COVID-19 cases.

However, the various regulations regarding the Visible Light Transmission (VLT) are expected to restrain the market growth during the forecast period. In addition, the onset of Chinese tinted glasses in the global market is expected to hamper the demand for tinting films. Various governments have imposed bans or restrictions on the use of tinting films for automobiles. This regulation has hindered the market’s expansion.

Tinting films help in reducing solar heat gain & winter heat loss and maintain a sustainable & comfortable environment. In addition, the use of Ultra Violet-A filtering tinting films reduces the risk of skin cancer & skin damage. Environmental benefits offered by the product along with rising safety concerns among consumers are expected to drive growth.

The market is characterized by the presence of a large number of players and competitive rivalry is quite intense in the market owing to the presence of several large and small players. The rivalry among competitors is expected to be high over the next few years owing to the constant growth of the automotive industry.

Access Research Report of Automotive Tinting Film Market @ https://www.grandviewresearch.com/industry-analysis/automotive-tinting-film-market

Automotive Tinting Film Market Report Highlights

• LCV is expected to be the fastest-growing segment of the global automotive tinting film market during the forecast period.
• The windshield application segment in North America was estimated as the largest market in 2021.
• China was estimated as the largest market in Asia-Pacific.
• Major market players are Eastman Chemical Company; 3M; Saint-Gobain Performance Plastics Corporation; and Madico, Inc.
• In June 2019, Eastman Chemical Company (Eastman Performance Films, LLC) announced the launch of the automotive window tint series known as the LLumar IRX series. The company aims to provide a better offering to customers and create growth opportunities for its dealers with this launch.

List of Key Players in the Automotive Tinting Film Market

• 3M
• Eastman Chemical Company
• TintFit Window Films Ltd.
• Avery Dennison Israel Ltd. (Hanita Coatings RCA Ltd.)
• Johnson Window Films, Inc.
• GLOBAL WINDOW FILMS
• Madico, Inc.
• Saint-Gobain Performance Plastics Corporation
• TWF
• Armolan
• NEXFIL
• Solar Screen International SA
• Huper Optik USA

Access Press Release of Automotive Tinting Film Market @ https://www.grandviewresearch.com/press-release/global-automotive-tinting-film-market