Month: June 2023

Aerospace Parts Manufacturing Market Segment Analysis By Product, Aircraft Type, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 23 June 2023: The Report Aerospace Parts Manufacturing Market Size, Share & Trends Analysis Report By Product (Engines, Aircraft Manufacturing, Cabin Interiors, Equipment, System, & Support, Avionics), By Aircraft Type, By Region, And Segment Forecasts, 2023 – 2030

The global aerospace parts manufacturing market size is expected to reach USD 1,233.24 billion by 2030 registering a CAGR of 4.0%, according to a new report by Grand View Research, Inc. The expansion in air passenger and air freight volume across the globe against the backdrop of economic growth in emerging countries and considerable developments in commercial aviation are the key drivers for aerospace parts manufacturing market.

The number of passengers flying per year has continued to ascend, fueled by affordable ticket prices, frequency of flights, and route availability. This is to positively impact on the aerospace parts manufacturing market over the coming years. Aviation is carbon intensive and one of the fastest growing sectors in terms of greenhouse emissions. Increasing demand for air transportation and decreasing marginal fuel efficiency are likely to put pressure on aerospace industry to reduce the greenhouse emissions.

Growth and improvement in emerging economies coupled with the increase in per capita income are expected to drive the demand for passenger and air freight over the forecast period, consequently resulting in surged demand for aerospace parts manufacturing. Moreover, the aging fleet, technological advancements, increased need for efficient aircraft, and aircraft designed for specific missions such as space missions are expected to drive the demand for new aircraft, thereby boosting the demand for aerospace parts manufacturing.

The increased defense spending to reduce the operational costs and improve the efficiency of aircraft is anticipated to create opportunities for innovation, which, in turn, is expected to boost the technological advancements in aerospace parts manufacturing market. Additionally, energy costs continue to be the most significant expense in aircraft operations, thus impelling the replacement of more in-service aircraft with fuel-efficient aircraft. This is further anticipated to present tremendous opportunities to the aircraft and aero engine manufacturers.

Aerospace parts manufacturers purchase raw materials either directly from suppliers or through third party suppliers under competitively priced supply contracts or bidding arrangements. Parts manufacturers procure raw materials from suppliers to produce customized components for their clients. They enter into long-term contracts with material suppliers to maintain a robust supply. The manufacturers of the complex aerospace parts, such as aero engines, have their own supply chain within the market.

Aircraft manufacturers provide the flexibility of customization to their major customers such as large airlines in order to differentiate the brands and fulfill operational requirements. Airlines then add or modify the pre-qualified components offered by the suppliers. Airlines enter into definitive agreements with aerospace parts manufacturers for the supply and maintenance of their products. In addition, major market suppliers such as Safran Group offer their engines to the airlines and simultaneously offer maintenance, repair, and overhaul services.

Access Research Report of Aerospace Parts Manufacturing Market @ https://www.grandviewresearch.com/industry-analysis/aerospace-parts-manufacturing-market

Aerospace Parts Manufacturing Market Report Highlights

  • On the basis of product, aircraft manufacturing is dominated the aerospace parts manufacturing industry in 2022 with the revenue share of 51.5%. However, manufacturing of insulation components represent the strongest growth and is expected to continue the trend in the near future. Additive manufacturing is gaining attraction, owing to its benefits, such as low-cost and reduction in errors.
  • Based on aircraft type, commercial aircrafts dominated the market including passenger, freight, and cargo aircraft. The global commercial passenger and cargo fleet are expected to grow in line with the annual number of passengers, which is expected to double over the next two decades.
  • Based on the region, North America contributes the largest share to the market, accounting for more than 50.5% of the total market in 2022, owing to the presence of key aerospace parts manufacturers coupled with the huge aircraft manufacturing industry in the region.
  • The Asia Pacific region is estimated to be the fastest growing market for aerospace parts manufacturing industry due to growing development in the aviation industry in the region driven by the economic growth of Japan, China and other markets. Moreover, growth in passenger traffic is forecasted to drive the market growth over the forecast period.
  • The aerospace parts manufacturing companies are integrated into the value chain from earlier stages of material purchase and design process. Aircraft manufacturing companies work closely with suppliers to monitor technological trends as well as to anticipate any changes in component availability and pricing.

Aerospace Parts Manufacturing Market Report Scope

Report AttributeDetails
Market size value in 2023USD 931.49 billion
Revenue forecast in 2030USD 1,233.24 billion
Growth rateCAGR of 4.0% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of Aerospace Parts Manufacturing Market

  • JAMCO Corporation
  • Intrex Aerospace
  • Rolls Royce plc
  • CAMAR Aircraft Parts Company
  • Safran Group
  • Woodward, Inc.
  • Engineered Propulsion System
  • Eaton Corporation plc
  • Aequs
  • Aero Engineering & Manufacturing Co.
  • GE Aviation
  • Lycoming Engines
  • Pratt & Whitney
  • Superior Air Parts Inc.
  • MTU Aero Engines AG
  • Honeywell International, Inc.
  • Collins Aerospace
  • Composite Technology Research Malaysia Sdn. Bhd.
  • Mitsubishi Heavy Industries Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Subaru Corporation
  • IHI Corporation
  • Lufthansa Technik AG
  • Diel Aviation Holding GmbH
  • Elektro-Metall Export GmbH
  • Liebherr International AG
  • Hexcel Corporation
  • DuCommun Incorporated
  • Rockwell Collins
  • Spirit Aerosystems, Inc.
  • Panasonic Avionics Corporation
  • Zodiac Aerospace
  • Thales S.A.
  • Dassault Systems SE
  • Parker-Hannifin Corporation
  • Chemetall GmbH
  • Premium AEROTECH GmbH
  • Daher Group
  • FACC AG
  • Triumph Group
  • Curtiss-Wright Corporation
  • Stelia Aerospace
  • Magellan Aerospace
  • Bridgestone Corporation

Access Press Release of Aerospace Parts Manufacturing Market @ https://www.grandviewresearch.com/press-release/global-aerospace-parts-manufacturing-market 

Automotive Adhesive Tapes Market Outlook On The Basis Of Application, Adhesive Chemistry, Region And Forecast From 2023 to 2030: Grand View Research Inc.

San Francisco, 23 June 2023: The Report Automotive Adhesive Tapes Market Size, Share & Trends Analysis Report By Application (Powertrain, Electronics), By Adhesive Chemistry (Solvent-based, Emulsion-based) By Region, And Segment Forecasts, 2023 – 2030

The global automotive adhesive tapes market size is expected to reach USD 5.47 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2023 to 2030. Growing usage of advanced functional materials to improve aesthetics, reduce weight and enhance the performance of the vehicles is expected to drive the market.

There has been a positive outlook in the automotive sector across the developed markets such as the U.S. to developing markets such as India. Technological developments and performance enhancements in vehicles have led to the installation of specialized components, which is expected to have a positive impact on the automotive tapes market.

The market is witnessing switching trends with growing popularity and demand for electric vehicles. Prominent vehicle manufacturers are aiming to comply with environmental standards and emission norms by reducing vehicle pollutants at a significant level. Thus, battery-operated vehicles including cars, mini trucks, and others are gaining popularity across the globe, which in turn is expected to drive the penetration of automotive adhesive tapes.

Access Research Report of Automotive Adhesive Tapes Market @ https://www.grandviewresearch.com/industry-analysis/automotive-adhesive-tapes-market

Automotive Adhesive Tapes Market Report Highlights

  • The interior attachment application segment accounted for revenue valued at USD 988.3 million in 2022 owing to rising demand for tapes in interior applications to improve the aesthetics of vehicles
  • The emulsion-based adhesive tapes segment is expected to witness the fastest growth at a revenue CAGR of 8.2% over the forecast period as the industry is witnessing rising concerns of VOC emissions and thus expect stringent regulations pertaining to the same in the future
  • The powertrain application segment is expected to witness a notable revenue CAGR of 11.3% over the forecast period on account of the rising penetration of adhesive tapes in electric and hybrid vehicle powertrains
  • Europe dominated the market in terms of revenue and was valued at USD 959.6 million in 2022, owing to the high per vehicle content of tapes in the European automotive brands
  • Manufacturers operating in the market are looking forward to understand the emerging sub-segment application of tapes in vehicles to gauge the market potential in the future

Automotive Adhesive Tapes Market Report Scope

Report AttributeDetails
Market size value in 2023USD 3.63 billion
Revenue forecast in 2030USD 5.47 billion
Growth RateCAGR of 6.0% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List Of Key Players Of Automotive Adhesive Tapes Market

  • L&L Products, Inc.
  • Sika Automotive AG
  • The 3M Company
  • Nitto Denko Corporation
  • Lida Industry Co, Ltd.
  • ThreeBond Co., Ltd.
  • PPG Industries
  • ABI Tape Products
  • Adchem Corporation
  • Avery Dennison Corporation
  • Saint Gobain
  • Berry Plastics
  • tesa SE
  • Lintec Corporation

Access Press Release of Automotive Adhesive Tapes Market @ https://www.grandviewresearch.com/press-release/global-automotive-adhesive-tapes-market

Ceramic Matrix Composites Market Focusing On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 23 June 2023: The Report Ceramic Matrix Composites Market Size, Share & Trends Analysis Report By Product (Oxide, Silicon Carbide, Carbon), By Application (Aerospace, Defense, Energy & Power, Electrical & Electronics), By Region, And Segment Forecasts, 2023 – 2030

The global ceramic matrix composites market size is expected to reach USD 8.94 billion by 2030, registering a CAGR of 12.8% during the forecast period, according to a new report by Grand View Research Inc. Increasing demand for ceramic matrix composites is being driven by their superior properties, such as high-temperature stability, reduced weight, and high strength.

Ceramic matrix composites have evoked keen interest from the aerospace and automotive sectors, owing to their superior mechanical properties, high strength-to-weight ratio, and vast application scope. Increasing fuel prices have triggered the need for lightweight components to boost fuel efficiency. The majority of automobiles today run on conventional fuel, so fuel-efficient products are in high demand. However, applications for CMCs are restricted due to their high prices. CMCs are mainly used in aerospace, automotive, and electronic or thermal management applications. CMC users come from industries such as Boeing, Airbus S.A.S., NASA, GE Global Research, etc.

Market players focus on expanding their product portfolio and implementing faster product delivery strategies to gain a competitive advantage in various regional markets. The industry’s rivalry is expected to be moderate with major players adopting strategies such as new product developments, acquisitions, partnerships, and joint ventures.

Access Research Report of Ceramic Matrix Composites Market @ https://www.grandviewresearch.com/industry-analysis/global-ceramic-matrix-composites-market

Ceramic Matrix Composites Market Report Highlights

  • Oxides product segment accounted for a market share of 31.1% in 2022, owing to its properties such as high-temperature stability in addition to reduced weight and high strength
  • The aerospace application segment dominated the market in 2022 and is estimated to generate revenue of USD 3.76 billion by 2030, owing to lightweight and rigid materials for various applications, where material weight plays a crucial role in the performance
  • The market in the Asia-Pacific is anticipated to expand at a CAGR of 13.4% from 2023 to 2030 on account of rising energy demands and the developing aerospace industry
  • The U.S. market is forecast to boom during the forecast period and reach a value of USD 3.65 billion in 2030. The growth is attributed to the rising investments by companies in developing ceramic matrix components and collaborating with government agencies for upgrading defense systems

Ceramic Matrix Composites Market Report Scope

Report AttributeDetails
Market size value in 2023USD 3.82 billion
Revenue forecast in 2030USD 8.94 billion
Growth rateCAGR of 12.8% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of Ceramic Matrix Composites Market

  • 3M Company
  • COI Ceramics, Inc.
  • Coorstek, Inc.
  • General Electric Company
  • Kyocera Corporation
  • Lancer Systems LP
  • SGL Carbon Company
  • Ultramet, Inc.
  • Ube Industries, Ltd.

Access Press Release of Ceramic Matrix Composites Market @ https://www.grandviewresearch.com/press-release/ceramic-matrix-composites-market

Flooring Market In-Depth Research On Basis By Product, Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 23 June 2023: The Report Flooring Market Size, Share & Trends Analysis Report By Product (Ceramic Tiles, Porcelain Tiles, Carpet, Vinyl, Wood & Laminate), By Application (Residential, Industrial), By Region, And Segment Forecasts, 2023 – 2030

The global flooring market size is expected to reach USD 398.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.2% from 2023 to 2030. This growth can be attributed to rising construction activities like the construction of new hospitals, residential spaces, office spaces, malls, and hotels to cater to the demand of the growing global population.

The global flooring industry is growing owing to fast-paced economical and industrial development along with the growing population. In addition, the growing service sector and development of industrial clusters in emerging economies such as India are further expected to bolster the demand for flooring materials in commercial and industrial applications. Moreover, the robust industrialization and urbanization in the developing countries in the Asia Pacific and Africa have resulted in high pace construction activities, triggering the growth of the flooring market.

The construction industry in the Asia Pacific is forecasted to grow on account of the increasing per capita income, rapid urbanization, and expanding population. The expansion of residential, commercial, and industrial sectors on account of sustainable economic growth in the region is expected to boost construction activities, thereby, driving the flooring market over the forecast period.

The rising awareness regarding the use of eco-friendly building materials is estimated to propel the green retrofit or renovation activities of existing constructions in developed economies from North America and Europe. In addition, the increasing adoption of recyclable and reusable technologies by major players is expected to drive market growth over the forecast period.

Flooring products are used in numerous commercial building applications including offices, convenience stores, shopping malls, and the construction of other retail stores. The increasing construction of commercial buildings, such as drugstores, grocery, and big-box stores, over the past few years, is expected to benefit the segment growth over the forecasted period. Moreover, robust demand for office spaces, especially in urban areas of emerging economies, is also propelling demand for high-quality products in the flooring market.

The growing demand for luxury housing in European countries is one of the key drivers for the flooring market. Nearly all mid-sized and large cities such as Lisbon, Porto, Paris, Berlin, Frankfurt, Milan, and Madrid are witnessing an increase in luxury real estate investment. Furthermore, the renovation of dwellings in Europe is anticipated to create numerous opportunities for flooring vendors. Also, the booming hospitality industry in the European region is also contributing to the development of hotels, resorts, and restaurant chains which further contributes to the growth of the global flooring market. Moreover, the refurbishment and redevelopment activities in the European countries are expected to drive the market in the coming years.

Access Research Report of Flooring Market @ https://www.grandviewresearch.com/industry-analysis/flooring-market-analysis

Flooring Market Report Highlights

  • The vitrified (porcelain) accounted for 27.7% of the total revenue of the flooring market in 2022. The market is estimated to reach USD 109.20 billion by 2030. This growth is attributed to the durable properties of porcelain, due to which it is highly preferred in residential and commercial structures.
  • The residential application segment accounted for 49.4% of the revenue share in 2022. This is owing to the rising population in developing countries and increased spending on residential buildings in developed countries.
  • The commercial application segment was estimated at USD 114.49 billion in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. This growth is attributable to growing commercialization and urbanization in developing regions in the Asia Pacific region.
  • The Asia Pacific region dominated the flooring market in 2022 with a revenue share of 45.5% and this trend is expected to continue over the coming years. The rising population in growing economies such as India, Saudi Arabia, Japan, and Indonesia is propelling the demand for flooring in the market.
  • The North American region contributed about 13.7% of the total revenue share in 2022. The flooring industry in North America is expected to witness significant growth over the coming years on account of the increasing construction of residential and commercial buildings in the region.

Flooring Market Report Scope

Report AttributeDetails
Market size value in 2023USD 277.67 billion
Revenue forecast in 2030USD 398.27 billion
Growth RateCAGR of 5.2% from 2023 to 2030
Base year for estimation2022
Actual estimates/Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of Flooring Market

  • Mohawk Industries, Inc.
  • Tarkett, S.A.
  • AFI Licensing
  • Burke Flooring Products, Inc.
  • Firbo Flooring
  • Shaw Industries, Inc.
  • Interface, Inc
  • Gerflor
  • Mannington Mills, Inc.
  • Polyflor
  • RAK Ceramics
  • Crossville Inc.
  • Atlas Concorde S.P.A.
  • Porcelanosa Group
  • Kajaria Ceramics Limited

Access Press Release of Flooring Market @ https://www.grandviewresearch.com/press-release/global-flooring-market-analysis

Dermal Fillers Market Segmented On The Basis Of Product, Type, Application, End-Use, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 23 June 2023: The Report Dermal Fillers Market Size, Share & Trends Analysis Report By Product (Hyaluronic Acid, PLLA), By Type (Biodegradable, Non-biodegradable), By End-use (Hospitals, MedSpa), By Application, By Region, And Segment Forecasts, 2023 – 2030

The global dermal fillers market size is anticipated to reach USD 12.2 billion by 2030, registering a CAGR of 8.7% over the forecast period, according to the new report of Grand View Research, Inc. Dermal fillers are soft tissue injectables that are injected into different depths of the skin and assist in treating signs of aging, loss of volume, facial contouring, etc. The ever-rising demand for aesthetic treatments that are safe and effective, increasing focus on appearance, rising disposable income, and growing geriatric population are expected to boost the market growth. As per the American Society of Plastic Surgeons, dermal fillers differ in chemical makeup and longevity and have varying degrees of softness.

For example, softer fillers are used on the lips, while sturdier fillers areused to enhance cheekbones. The ASPS reported that in 2020, around 2,619,650 hyaluronic acid dermal filler treatments were carried out in the U.S, and brands like Juvederm Ultra, Juvederm Ultra Plus, Perlane, Restylane, Belotero were the most preferred.The product demand is expected to increase significantly due to the fact that it provides desired results for individuals and can also be reversed if the patient is not satisfied with the results.

Growing social media influence, high consciousness about aesthetic appearance, and its association with self-confidence and self-image by an individual are some of the factors driving the market growth.In light of COVID-19, the market was hampered as the footfall of patient appointments for aesthetic treatments was temporarily suspended during the first half of 2020. However, the demand has been on the rise post-pandemic. Moreover, according to the BBC network, inquiries and appointments for many surgical and non-surgical cosmetic treatments have seen a surge following the pandemic and are thus expected to boost the market growth.

Access Research Report of Dermal Fillers Market @ https://www.grandviewresearch.com/industry-analysis/dermal-fillers-market-report

Dermal Fillers Market Report Highlights

  • The hyaluronic acid dermal filler segment held the largest share and is expected to witness the highest growth rate during the forecast period
  • The biodegradable type segment held the largest revenue share in 2022 as this is the most adopted filler-type product used by professionals and individuals
  • The wrinkle correction application segment held the largest market share in 2022 due to an increasing focus on looking younger and treating signs of aging
  • The MedSpa segment was the largest in 2022due to the fact that MedSpa provides aesthetic treatments under the supervision of a licensed medical practitioner
  • North America dominated the market in 2022 due to the rising awareness about such procedures and the presence of skilled aesthetic professionals

Dermal Fillers Market Report Scope

Report AttributeDetails
Market size value in 2023USD 6.84 billion
Revenue forecast in 2030USD 12.2 billion
Growth rateCAGR of 8.7% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of Dermal Fillers Market

  • Merz Pharma
  • Suneva Medical, Inc.
  • Medytox Inc.
  • Sinclair Pharma
  • Prollenium Medical Technologies
  • Galderma
  • Allergan, Inc.
  • Revance Therapeutics Inc.
  • Bioplus Co. Ltd
  • Bioaxis Pharmaceuticals
  • Teoxane Laboratories
  • Huadong Medicine Co., Ltd.
  • Marllor Biomedical SRL

Access Press Release of Dermal Fillers Market @ https://www.grandviewresearch.com/press-release/global-dermal-fillers-market

Fried Onion Market In-Depth Research On Basis By Form, Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 22 June 2023: The Report Fried Onion Market Size, Share & Trends Analysis Report By Form (Powder, Flakes, Strings, Others), By Application (Soups/Stews, Salads & Sandwiches, Instant Noodles/Ramen, Meal Toppings), By Region, And Segment Forecasts, 2023 – 2030

The global fried onion market size is expected to reach USD 6.1 billion by 2030 to expand at a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing popularity for ready to eat meals coupled with growing consumer awareness towards plant-based foods globally are the major factors driving the market demand.

The market has been growing due to increased consumption of packaged foods and the use of these in exotic cuisines. In addition, the rising trend of ready to eat meals has expanded the consumer base. The growth is also been driven by the increase in usage of fried onion powder in food service and the retail sector. Furthermore, growing consumer inclination towards experimenting with newer flavor is driving the sales for powder products.

Rising consumer demand for international cuisine coupled with growing multicultural populace is also supporting the market demand. In addition, rapid economic development, growing disposable incomes, and urbanization are also proliferating the market demand. Also, the expansion of hypermarkets and supermarkets is anticipated to drive the market demand.

The growing food service sector is also supporting the expansion since chefs, restaurants, and caterers are the main users of the product for its aromatic and sensory qualities.In addition, the demand for multicuisine foods in Asia is boosting market development possibilities over the forecast period.

The increasing usage of internet usage and wide availability of snack products online is bolstering market growth. Moreover, several e-commerce firms, such as JD.com and Amazon, are collaborating with snack manufacturers and retail stores to provide grocery items through their online channels.

Access Research Report of Fried Onion Market @ https://www.grandviewresearch.com/industry-analysis/fried-onion-market-report

Fried Onion Market Report Highlights

  • Strings held the largest market share in 2022 owing to its easy availability and rising demand for ready to eat meals.
  • Meal toppings segment emerged as the largest application segment with the highest revenue share in 2022 owing to rising demand for snack products among consumers.
  • Asia Pacific is estimated to grow significantly over the forecast period owing to the rise in demand for plant-based snacks in the region

Fried Onion Market Report Scope

Report AttributeDetails
Market size value in 2023USD 4370.1 million
Revenue forecast in 2030USD 6.1 billion
Growth rateCAGR of 4.7% from 2023 to 2030
Base year for estimation2022
Historical data2017 – 2021
Forecast period2023 – 2030

List of Key Players of Fried Onion Market

  • Olam International
  • McCormick & Company
  • Roland Foods
  • Lion Foods B.V.
  • Fresh Gourmet Company
  • Pereg Gourmet Spices
  • Verstegen Spices & Sauces UK Ltd
  • The Onion Group

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Precipitated Silica Market Segmented On The Basis Of Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 22 June 2023: The Report Precipitated Silica Market Size, Share & Trends Analysis Report By Application (Rubber, Agrochemicals, Oral Care, Food), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2023 – 2030

The global precipitated silica market size is anticipated to reach USD 3.72 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to register a CAGR of 7.1% during the forecast period. Increasing utilization of the product in tires to enhance tire tread wear resistance and adhesion, is the major factor driving the growth. Substitution of carbon black with precipitated silica on account of its eco-friendly nature is anticipated to fuel the market.

Application of the product in agrochemicals is expected to witness a considerable growth on account of its extensive usage as free flow agent. Increasing use of precipitated silica owing to its absorption ability and improved chemical stability is expected to drive demand from the agrochemicals market.

Growing use in food industry on account of its superior absorption, high purity, and anti-caking property is expected to fuel demand for precipitated silica over the forecast period. Precipitated silica is used extensively in food applications including edible salt and powdered food products. It helps enhance product consistency through automated dosing of vegetable and fruit extracts, preservatives, and nutrients.

In agrochemicals, the product is used as an active ingredient carrier in pesticide manufacturing. It enables consistent and high loading of chemically active ingredients in various agrochemicals including fungicides, insecticides, and herbicides. In addition, the product is used as a process aid for urea and chemicals owing to its anti-cracking properties.

Increasing use of the product in toothpaste industry as a cleaning and thickening agent is expected to drive growth of the precipitated silica market over the forecast period. The product is used in oral care applications to provide effective cleaning and polishing performance. It is used in toothpaste formulations, primarily on account of its whitening and cleaning properties, to meet dentifrice requirements.

Access Research Report of Precipitated Silica Market @ https://www.grandviewresearch.com/industry-analysis/precipitated-silica-market

Precipitated Silica Market Report Highlights

  • Rubber application held the highest market share of 53.0% in terms of revenue in 2022 owing to huge demand from tire manufacturers
  • Agrochemicals application is forecasted to register a CAGR of 6.4% over the forecast period owing to advantages like improvement in visco-elastic characteristics of liquid agrochemicals.
  • Asia Pacific led the precipitated silica market with a revenue share of 42.7% in 2022 owing to massive production of tires and increasing construction activity in the region
  • In terms of revenue, Central and South America is estimated to register a CAGR of 8.4% over the forecast period on account of economic recovery in the region
  • Evonik Industries, Solvay SA., and PPG Industries, are the key manufacturers in the market. Capacity extension owing to rising demand and price modification on account of volatility in raw material prices are the major strategies adopted by the top players.

Precipitated Silica Market Report Scope

Report AttributeDetails
Market size value in 2023USD 2.29 billion
Revenue forecast in 2030USD 3.72 billion
Growth RateCAGR of 7.1% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players in Precipitated Silica Market

  • Anten Chemical Co. Ltd.
  • Huber Engineered Materials
  • Evonik Industries
  • PPG Industries Incorporated
  • IQE Group
  • Solvay SA
  • PQ Corporation
  • MLA Group
  • Tosoh Silica Corporation
  • R. Grace & Co.
  • Madhu Silica Pvt. Ltd

Access Press Release of Precipitated Silica Market @ https://www.grandviewresearch.com/press-release/global-precipitated-silica-market

Surgical Power Tools Market In-Depth Research On Basis By Product, End-Use, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 21 June 2023: The Report Surgical Power Tools Market Size, Share & Trends Analysis Report By Product (Surgical Drill, Electric Pen Drive), By End-use, (Hospitals, Ambulatory Surgical Centers, Others) By Region, And Segment Forecasts, 2023 – 2030

The global surgical power tools market size is expected to reach USD 514.7 million by 2030, to expand at a CAGR of 6.1% from 2023 to 2030 based on a new report by Grand View Research, Inc. Technological advancements in surgical devices, and an increasing number of facial and head injuries, followed by the rise in global geriatric population are some of the major factors driving the growth of market. However, the adoption of patient-specific devices can be limited due to a lack of suitable reimbursement, as healthcare providers may be unsure about adopting these devices due to cost-related concerns.

The surgical power tools are used in a variety of surgical procedures, including the treatment of facial fractures, cranial defects, and tumors, which include procedures such as reconstructive surgery, orthognathic surgery, & trauma surgery. During the pandemic, many elective surgeries were postponed or canceled, resulting in a decline in the demand. For instance, in 2021, around 10 million people in the U.K. were waiting for surgical treatments, which was an increase from 4 million prior to the pandemic. Similarly, over 28 million surgical procedures were canceled or postponed during the pandemic, creating a backlog that took a year to clear, and this figure could have been worse if the global lockdown was extended.

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Surgical Power Tools Market Report Highlights

  • Based on product, the surgical drillssegment accounted for the largest market share of 85.6% in 2022. The electric pen drive segment is expected to witness the fastest CAGR of 6.4% from 2023 – 2030.
  • Based on end-use, the hospitals segment accounted for the largest market share of 57.2% in 2022. The others segment is expected to witness the fastest CAGR of 6.5% over the forecast period.
  • North America accounted for the largest revenue share of nearly 39.5% in 2022 owing to the technologically developed health infrastructure & presence of key companies in the region. Asia Pacific is expected to witness the fastest growth rate of 6.5% over the forecast period.

Surgical Power Tools Market Report Scope

          Report Attribute                             Details
Market size value in 2023USD 340.9 million
Revenue forecast in 2030USD 514.7 million
Growth rateCAGR of 6.1% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of Surgical Power Tools Market

  • DePuy Synthes (Johnson & Johnson)
  • Orthopromed Inc.
  • B Braun
  • CONMED Corporation
  • Zimmer Biomet
  • Stryker
  • KLS Martin Group
  • Medtronic

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Ceramic Filters Market Segmented On The Basis Of Product, End-Use, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 21 June 2023: The Report Ceramic Filters Market Size, Share & Trends Analysis Report By End-use (Industrial (Bio-filtration, Hot Gas Filtration), Residential, Commercial), By Product (Water Filter, Air Filter), And Segment Forecasts, 2023 – 2030

The global ceramic filters market size is expected to reach USD 2,449.3 million by 2030, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.3% during the forecast period. This growth can be attributed to the rising awareness amongst the general public regarding water management, bio-filtration, and waste disposal in various industrial and commercial sectors.

Ceramic filters are also gaining popularity in the market on account of their ability to offer high mechanical strength and cleaning capacity, which in turn, results in the requirement of less number of membranes to treat the same volume of water as polymer filtration membranes. Additionally, the product is replacing traditional water filters as they release volatile and gaseous compounds which are harmful to human as well as environmental health.

The market is also witnessing several innovations in products in order to make ceramic filters more efficient. For instance, ceramic filters are now being manufactured with titanium dioxide and silicon carbide for the purpose of enhancing filtration capability. Moreover, the market is further expected to grow on account of technological developments, for instance, the involvement of nanotechnology in bio-ceramic filtration and the filtration process.

Favorable regulations for water filtration coupled with heightened awareness regarding clean and safe drinking water across key regions have provided a significant push to the market. The product is used for managing wastewater, it filters water to separate bacteria, debris, and dirt. These factors are further expected to propel the growth of ceramic filters.

The population growth in regions including Africa, Central & South America, and Asia Pacific resulted in a serious strain on the availability of water. Thereby, this problem is encouraging water reuse and water treatment solutions to efficiently utilize water. This trend is anticipated to work in favor of ceramic filter product growth.

Ceramic filters find application in various industries including commercial, residential, and industrial. In the industrial segment, the product is used for separating oils and solids from wastewater of petrochemical plants, oil refineries, chemical plants, and natural gas plants. The ceramic filters are chemical resistant, thus, helping in getting clear liquids.

The market of ceramic filters is fragmented in nature on account of the presence of several manufacturers. Key players in the market include Glosfume Ltd, Anguil Environmental Systems Inc., and 3M Company. The major manufacturers are integrated across various stages of the value chain, i.e., they are involved in manufacturing raw materials and products, as well as the distribution of products.

Access Research Report of Ceramic Filters Market @ https://www.grandviewresearch.com/industry-analysis/ceramic-filters-market

Ceramic Filters Market Report Highlights

  • The ceramic water filter segment accounted for revenue of USD 817.5 million in 2022 and is further expected to grow at a CAGR of 6.0% over the forecast period. The product is witnessing growth on account of increasing concerns about industrial water treatment and disposal. Furthermore, the product offers superior properties including a high capacity for cleaning, on account of which it is highly employed in water disposal & treatment application.
  • The residential application was the largest segment of the ceramic filters market in 2022. The growth of the market can be attributed to the rising use of ceramic candles in residential units for the purpose of water filtration. Additionally, the method is considered an economical technique, and is employed in various countries on account of the lower cost involved.
  • Asia Pacific accounted for the revenue share of 35.9% in 2022 owing to the establishment of stringent environmental regulations and norms. Additionally, the product is employed in several end-use industries, which is further driving the market in the region.
  • The key players in the market are focusing on strategies such as partnerships, joint ventures, product development, and collaborations in order to gain market share. Moreover, the manufacturers are doing Research and development activities for the purpose of expansion of their product portfolio of ceramic filters.

Ceramic Filters Market Report Scope

Report AttributeDetails
Market size value in 2023USD 1,600.8 million
Revenue forecast in 2030USD 2,449.3 million
Growth rateCAGR of 6.3% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of Ceramic Filters Market

  • Unifrax I LLC
  • Haldor Topsoe A/S
  • Doulton Ceramics
  • Glosfume Ltd.
  • Aquacera
  • KLT Filtration
  • Ceramic Filters Company, Inc.
  • Global Water Ceramic Filter Manufacture Corporation
  • Anguil Environmental Systems Inc.
  • Tri-Mer Corporation
  • Pall Corporation
  • Veolia
  • Clear Edge Filtration
  • 3M Company

Access Press Release of Ceramic Filters Market @ https://www.grandviewresearch.com/press-release/global-ceramic-filters-market

Gold Nanoparticles Market Focusing On The Basis Of End Use, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 20 June 2023: The Report Gold Nanoparticles Market Size, Share & Trends Analysis Report By End-use (Medical & Dentistry, Electronics, Catalysis), By Region, And Segment Forecasts, 2023 – 2030

The global gold nanoparticles market size is expected to reach USD 15.65 billion by 2030, as per a new report by Grand View Research Inc. It is projected to register a CAGR of 22.3% over the forecast period. Increasing demand from various end-use industries, high demand for nanotechnology induced diagnostics and treatments in healthcare industry, and technological advancements are anticipated to propel the market.

North America led the market in the previous years and is expected to witness growth in near future as well owing to the increasing R&D investments by nanotechnology organizations and universities. Furthermore, growing medical diagnostics domain is also projected to contributing to the regional market growth.

Electronics segment is expected to grow impressively in the forthcoming years owing to rising demand for consumer electronics, compact storage devices, and high usage of nanotechnology in photovoltaic cells. Hence, such growing niche applications are expected to create lucrative opportunities for the gold nanoparticles market during the forecast period.

Growing awareness for metal nanomaterials essentially for diagnosis and treatment of tumor cells is trending in the market. Additionally, efforts for R&D and innovations in gold nanoparticles domain is yet another trend witnessed in the market. Use of gold nanoparticles as nanorods has opened new growth avenues for the detecting cancerous tumors and improved biological imaging.

Access Research Report of Gold Nanoparticles Market @ https://www.grandviewresearch.com/industry-analysis/gold-nanoparticles-industry

Gold Nanoparticles Market Report Highlights

  • Asia Pacific is anticipated to lead the gold nanoparticles market, owing to high demand for nanotech products in medical diagnostics, and nanoparticles in detecting cancer. Rise in favorable government initiatives across the developing Asia Pacific economies, such as India and China is facilitating healthy FDI flow in chemical domain, thereby strengthening the regional markets
  • Medical and dentistry segment accounted for USD 3,512.2 million in 2022 and is expected to lead the market with a CAGR of 22.5% by 2030 due to increasing application of nanomaterials in diagnostics, therapeutics, and medical imaging
  • Asia Pacific is expected to expand at a CAGR of 25.6% by 2030 since it is an electronics manufacturing hub especially economies, such as Taiwan, China, Japan, and South Korea
  • Increasing efforts by manufacturers for innovations in nanotechnology, increasing scope of application, and high demand from electronics segment are few opportunities observed, thereby driving the market in near future

List of Key Players of Gold Nanoparticles Market

  • Cytodiagnostics Inc.
  • Goldsol Inc
  • BBI Solutions
  • NanoHybrids Inc.
  • Nanopartz Inc.
  • Nanosphere Inc.
  • Nanostellar Inc.
  • Solaris Nanosciences Corporation
  • Tanaka Holdings Co. Ltd.
  • The Metalor Group
  • Sigma Aldrich

Access Press Release of Gold Nanoparticles Market @ https://www.grandviewresearch.com/press-release/global-gold-nanoparticles-market

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