Industries Study Report

Healthcare 3D Printing Industry is driven by Rising Demand for The Customized and Personalized Products

Healthcare 3D Printing Industry Data Book - Healthcare Additive Manufacturing, 3D Bioprinting and 3D Printed Drugs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s healthcare 3D printing industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Healthcare 3D Printing Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Healthcare Additive Manufacturing Market Report Highlights

The global Healthcare Additive Manufacturing Market size was valued at USD 7.4 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 18.1% from 2023 to 2030.

The laser sintering technology segment dominated the market with a revenue share of 30.4% in 2022. This technology produces high-quality complex geometries in less time, which, in turn, is fueling segment growth
Based on application, the dental segment accounted for the largest revenue share of 34.1% in 2022, owing to technological advancements and a rise in demand for dental 3D-printed products
By material, polymers accounted for the largest revenue share of 54.7% in 2022, as polymers reduce the manufacturing process costs, are flexible, and have a longer life span
Asia Pacific is projected to register the fastest CAGR of 19.4% during the forecast period. This is due to the unmet needs of a large population and the promising economic developments in the region
Various market players are focusing on new product launches, technological innovations, collaborations, and regional expansions as major strategic initiatives

Healthcare Additive Manufacturing Market Size, by Technology, 2018 - 2030 (USD Million)

3D Bioprinting Market Report Highlights

The global 3D Bioprinting Market size was valued at USD 2.0 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.48% from 2023 to 2030.

The medical segment accounted for the largest share of 37.6% in 2022 due to the increasing investment made in R&D
The magnetic levitation segment is anticipated to witness the highest CAGR of 13.7% over the forecast period due to technological development, and increasing adoption of magnetic levitation techniques by various innovators
North America dominated the market in 2022 with a share of 30.9%. Growing government expenditure on the healthcare industry is one of the major factors driving the market in this region

Order your copy of Free Sample of “Healthcare 3D Printing Industry Data Book - Healthcare Additive Manufacturing, 3D Bioprinting and 3D Printed Drugs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

3D Printed Drugs Market Report Highlights

The global 3D Printed Drugs Market size was valued at USD 86.2 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 14.78% from 2023 to 2030.

By technology, the zip dose segment held the largest share of the 3D market. This is attributed to the increase in the requirement for rapid soluble drugs that disperse quickly in the mouth, which in turn is likely to increase the adoption and anticipate market growth.
The inkjet printer segment is expected to grow lucratively during the forecast period. Due to the 3D medications can be personalized to each patient's needs, assisting them far more than batch-produced medicines, their demand is expected to skyrocket in the coming years.
By application, the neurology segment held a larger share of the global market. This is attributed to an increase in the proportion of older people, which is at an increased risk of developing neurological disorders and hence, propelling the market growth.
By end-use, the hospitals & clinics segment held a larger share in 2021, owing to the growing demand for personalized medicines and the cost-effective use of bio-drugs employing this technology.
North America dominated the global market in 2021 due to the availability of technologically advanced healthcare research framework, the presence of high R&D investment, and the development of 3D printed drugs in the region.
The Asia Pacific is expected to grow considerably in the future owing to the rising prevalence of chronic diseases and the presence of key players.

Go through the table of content of Healthcare 3D Printing Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

The market is moderately consolidated and competitive, with the key companies holding the majority of the shares. The companies have a vast range of products in several categories, which are designed keeping in mind the diverse demands of the patients, with variations in each category and demand for customized products. With the launch of new products and geographic expansion, these companies have established a significant presence in the market. These companies are constantly innovating to launch advanced and customized products through their state-of-the-art facilities. For instance, in January 2023, Axial3D opened a medical 3D printing facility in Northern Ireland to advance the application of 3D printing for medical device manufacturers, hospitals, and medical research organizations.

Key players operating in the Healthcare 3D Printing industry are:

3D Systems, Inc.
EnvisionTEC
Stratasys Ltd.
Allevi, Inc.
GE Healthcare
Nanoscribe GmbH

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Enzymes Sector to Witness Significant Growth Due to their Increasing Demand from Animal Feed and Nutraceutical Industries

Enzymes Industry Data Book Covers Industrial Enzymes and Specialty Enzymes Market

The global Enzymes industry generated over USD 12.28 billion in 2022 and is expected to grow at a CAGR of 6.5% over the forecast period.

Grand View Research’s enzymes industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Access the Global Enzymes Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Industrial Enzymes Market Growth & Trends

The global industrial enzymes market size is expected to reach USD 11.42 billion by 2030, expanding at 6.4% CAGR from 2023 to 2030, as per a new report by Grand View Research, Inc. This is due to the growing demand for industrial enzymes in several applications such as animal feed, food & beverage, and nutraceutical. Increasing consumer awareness about health has resulted in the growing use of functional food products, which is expected to trigger product demand in the coming years.

Microorganisms are rapidly becoming a key source of enzymes, owing to their low production costs and easy availability of raw materials. End-use industries rely heavily on enzymes derived from microorganisms as they can be used to make a wide range of products. This, in turn, is anticipated to positively impact the demand for the industrial enzymes industry.

The demand is projected to be positively impacted over the forecast period by the rising consumption of functional food products due to the growing awareness of a person's health. Cellulose and amylase are the two subtypes of carbohydrate. It is frequently utilized as a component in the creation of carbonated beverages. Increased use of various types of carbohydrase in the pharmaceutical and animal feed industries would further increase demand for industrial enzymes in the coming years.

The COVID-19 pandemic had a positive impact on various end-use industries around the world, causing a supply-demand gap. The demand for the product in biofuel and textiles was moderately impacted by a demand-supply gap combined with the global lockdown of the automotive industry. However, the market experienced positive demand during the pandemic due to the increased adoption of enzymes in various industries such as animal feed, food, and cleaning products.

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Specialty Enzymes Market Growth & Trends

The global Specialty Enzymes market size is expanding at a CAGR of 6.6% over the forecast period. Specialty enzymes accounted for a share of over 43% in the industry in 2022. Specialty enzymes find extensive applications in the healthcare and pharmaceutical sectors. They are used in diagnostics, drug development, biotechnology research, and treatments. The growing prevalence of diseases, advancements in drug discovery and development, and the need for personalized medicine are driving the demand for specialty enzymes in these industries.

Specialty enzymes play a crucial role in drug discovery and development processes. They are used for target identification and validation, high-throughput screening, lead optimization, and structure-based drug design. Specialty enzymes such as proteases, kinases, polymerases, and ligases are employed in various assays and experiments to study the interaction of drugs with their targets.

They are also employed in biocatalysis and biotransformation processes in the pharmaceutical industry. They enable selective chemical transformations and the synthesis of complex molecules, including chiral compounds and intermediates for drug synthesis. Enzymes such as oxidases, reductases, and hydrolases are utilized to carry out specific reactions efficiently and with high selectivity.

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Competitive Landscape

Key players operating in the Enzymes industry are:

BASF SE
Novozymes
DuPont Danisco
DSM
Novus International

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Increase In the Incidence of Infertility to Create Growth Avenues for Fertility Storage Sector

Fertility Storage Industry Data Book Covers Egg Donation and Sperm Bank Market

The global Fertility Storage industry generated over USD 8.74 billion in 2022 and is expected to grow at a CAGR of 11.51% over the forecast period.

Grand View Research’s fertility storage industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research along with a digital healthcare statistics e-book.

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Egg Donation Market Growth & Trends

The global egg donation market size was valued at USD 3.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 17.92% from 2023 to 2030. Some of the driving factors of the market are the increasing demand for donor eggs due to delaying pregnancy by the young generation, rising infertility due to unhealthy habits, and the high success rate of procedures. In the U.S., egg donors are not only compensated for the donation but can also negotiate their compensation amount based on the desirability of their eggs.

According to National Center for Health Statistics, the average age to have a baby in the U.S. increased to 26.3 years in 2016 when compared to 22.7 years in 1980. Furthermore, this age increased to 30.3 years for women with a college degree.

Younger women prefer their own eggs for IVF procedures; however, for women above 40 years of age use of donor eggs increases the success rate of conceiving as the quality and quantity of eggs decline after 40. Delay in pregnancy is a key factor responsible for the declining quality and quantity of own eggs.

Licensed fertility clinics offer counseling to couples having problems conceiving. Based on the severity of their problems, doctors and specialists plan IVF treatments for couples. Fertility clinics provide state-of-the-art equipment such as micromanipulation, non-invasive Radio Frequency Identification (RFID) tags, and others. This factor is further expected to propel the market growth over the forecast period.

Global Egg Donation Market Share, by Region, 2022 (%)

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Sperm Bank Market Growth & Trends

The global sperm bank market size is expected to reach USD 6.6 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.56% over the forecast period. The market is majorly driven by increasing incidence of male and female infertility, rising acceptance of sperm banking services, and government initiatives in Assisted Reproductive Techniques (ART). Furthermore, increasing number of couples are planning to start family at later phase and hence are freezing their gametes. This is also contributing to the market expansion.

In women, rate of infertility decreases with age. Risks of complications during pregnancy also increase with age, resulting in the use of donor sperms or eggs. Rising trend of smoking is also affecting fertility in males and females. Female smokers achieve menopause earlier as compared to nonsmokers and are also at higher risk of miscarriage. In recent years, socioeconomic and demographic trends have increased the number of females seeking pregnancy during their late 30s and mid-40s. This also represents lucrative opportunities for the market growth.

Rise in funding and supportive initiatives for ART has driven growth of the market. For instance, the Australian government funds the ART services under the Medicare Benefit Scheme. It supports the access to In vitro Fertilization (IVF) or ART for the people unable to have children. Other countries with supportive initiatives include U.K., Singapore, and Canada. Growing acceptance of Lesbian, Gay, Bisexual, and Transgender (LGBT) community is also a key market driver. This represents growing demand for sperm banking services in the country.

The COVID-19 pandemic adversely impacted the market. There was a decrease in number of sperm donations owing to travel restrictions and social distancing norms. The number IVF and ART procedures also declined, resulting in decrease demand for donor sperm. In response to the pandemic many fertility centers and sperm banks suspended initiation of treatment cycles and elective gamete cryopreservation.

Go through the table of content of Fertility Storage Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Fertility Storage industry are:

Cryos International
New England Cryogenic Center
European Sperm Bank
Fairfax Cryobank, Inc
London Sperm Bank

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Increasing R&D Spending by Government Research Organizations drives Spectrometry Sector Growth by 2030

Spectrometry Industry Data Book Covers Spectrometry, Mass Spectrometry, NMR Spectroscopy, Near-Infrared Spectroscopy and In-line UV-vis Spectroscopy Market

Grand View Research’s Spectrometry Industry databook is a collection of market sizing & forecast insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, and macro-environmental analysis studies. Within the purview of the databook, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research. The following data points will be included in the final product offering in five reports and one sector report overview.

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Mass Spectrometry Market Growth & Trends

The global mass spectrometry market size is projected to reach USD 9,697.0 million by 2030, at a CAGR of 7.87% over the forecast period, according to a new report by Grand View Research, Inc. Rising awareness regarding early detection of chronic and infectious diseases and emerging technological advancements in diagnostic instruments are expected to significantly drive the market growth. In addition, there has been an increase in demand for cost-effective and automated techniques for disease diagnosis which is anticipated to increase the demand for mass spectrometry techniques and positively affect the growth.

The COVID-19 pandemic has boosted the demand for vaccine development due to recent advancements in virology-based research. Here, mass spectrometry has applications for the study of viral structure for SARS-CoV-2. The technique can also be used to study complex protein structures and protein-protein interactions associated with the virus. Hence, various pharmaceutical and biotechnology companies involved in COVID-19 vaccine and drug development efforts are anticipated to increase the demand for instruments and consumables.

In addition, various academic institutions and companies are indulging in product development strategies to support the demand for mass spectrometry from the proteomic market. For instance, in September 2022, the director of Northwestern’s Proteomics Center of Excellence published a paper on the development of a new imaging approach to enhance the identification of intact proteoforms. The team of researchers has built a Proteoform Imaging Mass Spectrometry (PiMS) system which is anticipated to assist mass spectrometry in various applications, including the detection of novel biomarkers, mapping of molecular tissue, and improvement in disease diagnosis.

Similarly, in October 2022, Thermo Fisher Scientific, Inc. announced the launch of mass spectrometry consumables and instrument that allows end-users in proteomics and biopharma to achieve significant breakthroughs. The instrument, known as Thermo Scientific Orbitrap Ascend Tribrid mass spectrometer, provides a new capability to direct multiple ions and enables to gain deeper insights into samples, along with rapid detection.

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Near-infrared Spectroscopy Market Growth & Trends

The global near-infrared spectroscopy market size is expected to reach USD 806.4 million by 2030, registering a CAGR of 6.08% over the forecast period, according to a new report by Grand View Research, Inc. The growing implementation of an analytical technique for raw materials in numerous sectors, such as oil & gas and agriculture, coupled with their increasing applications is anticipated to spur industry growth. For instance, various herbs and plants with therapeutic and medicinal properties are analyzed through near-infrared (NIR) spectroscopy to assess the bio-active components. The industry has witnessed considerable growth in 2021 and is expected to have similar developments during the forecasted period.

The demand for the products from the material science sector is a substantial contributor to the revenue. NIR spectrometry provides significant advantages as a process analytical technology over other techniques including wet chemical methods, resulting in increasing preference from manufacturers. Other determinants, such as rapid advancement in the workflows of material verification, as well as improving risk management in the supply chain by manufacturers to fulfill the GMP criteria, are also contributing to the growth. The major 20 pharmaceutical manufacturers employ portable NIR analyzers to authenticate either raw materials or finished products to comply with GMP guidelines. Similarly, regulatory bodies in Europe, North America, Africa, and Asia have purchased the product to strengthen their counterfeiting efforts.

The COVID-19 pandemic had a positive impact on the demand from pharmaceutical manufacturers. However, the disruptions in industries, such as electronics & semiconductors, food & beverages, and chemical, are projected to have an adverse impact on the growth rate. For instance, in February 2021, the U.S. government reviewed the supply chain of pharma and semiconductors to strengthen the domestic investment and process of manufacturing. The imposed lockdown norms across the globe created shortages in supplies and inflated the cost of raw materials, this affected the profitability of the players. Similarly, the capability of NIR spectroscopy to identify the polymers that are used in the packaging of pharmaceutical and nutraceutical products is anticipated to be another determinant of industry growth.

As per the Code of Federal Regulations (CFR) for the packaging of pharmaceutical products, components used to store drug products are required to be identified before the use by Quality Control. On the other hand, this industry has a considerable number of players with regional dominance. The development of rapid and cost-effective NIR spectrometry is anticipated to accelerate the level of competition in the industry. For instance, in November 2020, a group of researchers developed a handheld NIR spectroscopy for organic solvents testing. Hence, the low-cost NIR spectroscopy with high accuracy will assist players to expand their presence in low- and middle-income countries.

Go through the table of content of Spectrometry Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Spectrometry industry are:

Danaher Corporation
Perkinelmer, INC.
Thermo Fisher Scientific
Agilent Technologies
Waters Corp

Grand View Research’s Spectrometry Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

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Endoscopy Devices Sector growth is attributed to Increasing Awareness Regarding the Minimal Invasive Properties of the Devices

Endoscopy Devices Industry Data Book Covers Endoscopes, Endoscopy Visualization System, Endoscopy Visualization Component, and Operative Devices Market

The global Endoscopy Devices industry generated over USD 50.8 billion in 2022 and is expected to grow at a CAGR of 7.5% over the forecast period.

Grand View Research’s endoscopy devices industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research along with an endoscopy devices statistics e-book.

Access the Global Endoscopy Devices Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Endoscopes Market Growth & Trends

The global endoscopes market size is expected to reach USD 27.9 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.0% from 2023 to 2030. Growing awareness levels about minimally invasive surgical procedures and the increasing prevalence of chronic disorders are the major factors accelerating the market growth. The benefits, such as less surgery-related blood loss, no muscle cutting, quicker recovery, offered by minimally invasive surgeries boost the adoption of endoscopic procedures over traditional/open invasive surgeries. In addition, advancement in endoscopic technology and rapid increase of its application to diagnose and treat various diseases are other key factors anticipated to propel the market growth over the forecast years. The flexible endoscopes product segment dominated the market in 2021.

This is attributed to the high demand for these devices on account of their unique features, such as the ability to reach viscera and cavities, better safety and efficiency, and improved ergonomic features. These devices are most commonly used in several endoscopic procedures, such as esophagogast roduodenoscopy (OGD), bronchoscopy, sigmoidoscopy, laryngoscopy, pharyngoscopy, nasopharyngoscopy, rhinoscopy, and colonoscopy procedures, which supports the product demand and segment growth.Based on application, in 2021, the Gastrointestinal (GI) endoscopy segment dominated the market owing to an increase in gastrointestinal disorders and a high preference for minimally invasive procedures. High volumes of GI endoscopic procedures and the availability of technologically advanced endoscopes to treat &diagnose functional gastrointestinal disorders are also driving the segment.

In 2021, the hospitals end-use segment dominated the market owing to favorable reimbursement policies and growing utilization of endoscopes in hospital systems. Furthermore, a larger number of endoscopic procedures is performed in hospital settings as compared to other healthcare systems, which boosts the segment growth.In addition, North America accounted for the highest revenue share in 2021 owing to its better healthcare infrastructure, high preference for minimally invasive surgical procedures among individuals, and quickadoption of advanced technologies. The increasing burden of functional gastrointestinal disorders and cancer is anticipated to further propel market growth in this region. For instance, as per the data reported by the National Cancer Institute, in 2020, over 1.8 million new cancer cases were estimated to be diagnosed in the U.S.

The overall decrease in the number of surgical procedures during COVID-19, in turn, impacted the growth of the market. Furthermore, to reduce the COVID-19 transmission risk, endoscopy centers have postponed and canceled the semi-urgent and elective cases, which affected the endoscopy procedure adoption in 2020.In addition, supply chain interruptions due to constant lockdown and shutdown imposed by the governments of top countries all over the globe also hampered the market growth in 2020. For instance, a study published in the Arab Journal of Gastroenterology in 2020stated that the endoscopy procedures volume decreased about 50% due to the COVID-19 pandemic in the majority of countries.

Endoscopes Market Size, 2020 – 2030 (USD Billion)

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Operative Devices Market Growth & Trends

The global operative devices market was valued at USD 8.6 Billion in 2022 and is anticipated to grow at a CAGR of 5.7% over the forecast period. The growth is attributed to the growing demand for endoscopic operative devices for diagnostic and therapeutic processes, combined with the rising prevalence of age-related diseases globally, which is driving the market expansion. These devices are crucial in identifying and treating disorders since they allow minimum intervention and a faster recovery time. Endoscopic operations are widely preferred for the treatment of gallstones, liver abscesses, pelvic abscesses, intestinal perforation, and endometriosis across the globe.

The increasing number of healthcare facilities, including cancer centers, endoscopy centers, hospitals, oncology specialized clinics, and diagnostic centers, is increasing demand for endoscopes and operating devices, which is anticipated to fuel the market growth over the forecast period. Additionally, healthcare infrastructure in both developed and developing nations continue to upgrade to meet the growing demand for diagnostic and therapeutic operations across the globe coupled with the advent of technologically advanced techniques for the diagnosis and management of digestive disorders, such as capsule endoscopy, is projected to propel the market growth.

Go through the table of content of Endoscopy Devices Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Endoscopy Devices industry are:

Olympus Corporation
Ethicon Endo-Surgery, LLC
Stryker
Fujifilm Holdings Corporation
Boston Scientific Corporation

Grand View Research’s Endoscopy Devices Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

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Industrial Gases Sector Demand is Fuelled by Increasing Industrialization in The Growing Economies of The World

Industrial Gases Industry Data Book Covers Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon and Acetylene Market

The global Industrial Gases industry generated over 1,600,924.6 million SCF in 2022 and is expected to grow at a CAGR of 6.1% over the forecast period.

Grand View Research’s industrial gases sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Access the Global Industrial Gases Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Oxygen Market Growth & Trends

Oxygen is the second largest component of the atmosphere, comprising around 21% volume. Although oxygen is utilized by living beings on Earth, it has applications across different end-use industries. Oxygen is usually available in the gaseous form, but for storage and transportation purposes, it is generally liquefied for ease of handling. Oxygen finds application in various end-use industries including automotive & transportation equipment, aerospace & aircraft, chemicals, glass, healthcare, energy, metal production, pulp & paper, refining, water & wastewater treatment, pharmaceutical & biotechnology, and welding & metal fabrication. Oxygen finds wide application in the metal industries in combination with acetylene and other fuel gases for scarfing, metal cutting, hardening, welding cleaning, and melting. Oxygen or oxygen-enriched air is extensively used in the iron and steel manufacturing process.

Manufacturing application accounted for the largest market share in 2022 and is projected to grow at second highest CAGR during the forecast period. The demand for oxygen in the manufacturing industry is projected to witness substantial growth in the developing economies owing to the growing manufacturing industry such as electronics, transportation, food, and chemicals in India, China, Brazil, and South Korea. The growing demand for advanced industrial gas- in the electronic industry, is expected to further propel the growth of this segment. Oxygen is used on a large scale in the electronic industry. The growing electronic industry is expected to drive the demand for oxygen. Moreover, owing to the recent outbreak of the pandemic, people around the world are practicing new ways of studying, working, and communicating through videoconferencing and other technologies. This recent trend is expected to have a lasting impact on semiconductor demand and open new possibilities for existing products and services thus driving the demand.

Order your copy of the Free Sample of “Industrial Gases Industry Data Book - Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon and Acetylene Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Nitrogen Market Growth & Trends

Nitrogen is a highly demanded industrial gas owing to its rising consumption in applications like food & beverages, light bulb manufacturing, fire suppression system, steel manufacturing, aircraft fuel system, chemical manufacturing, and others. The growing automotive and chemicals industry in the developing economies of the world is fueling the demand for nitrogen. In January 2023, Atlas Copco Industrial Assembly Solutions announced that it has installed a nitrogen generation system with the intention to serve the global automotive industry.

Plastic manufacturers are highly dependent on nitrogen supplies due to their high usage in the manufacturing process. Plastic manufacturers mainly use nitrogen in gas-assisted injection molding projects. The gas-assisted process is widely used in the production of large plastic parts. According to the Plastic Industry Association, plastic production in the U.S. reportedly increased by 5.7% in February 2022 as compared to February 2021.

In addition, the total plastic and rubber shipment was reported USD 22.1 billion in the year 2022 in the U.S. Growing demand for plastics is majorly driven by rising consumption of consumer goods, electronic products, motor vehicles, and a range of other products. Growing consumption of plastics and rubber from end-use industries such as consumer goods, automotive, and others is expected to bolster the demand for nitrogen over the foreseeable future.

Go through the table of content of Industrial Gases Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Industrial Gases industry are:

Air Liquide
Air Products Inc.
INOX-Air Products Inc.
Iwatani Corp.
Linde plc
Messer
SOL Group
Strandmøllen A / S
Taiyo Nippon Sanso Corp.

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Blockchain-oriented Services Sector is driven by Rising Demand for Data Privacy and Increasing Advancements in Web 3.0

Blockchain-oriented Services Industry Data Book Covers Decentralized Finance, Blockchain Messaging Apps, Decentralized Identity, Non-fungible Token, and Web 3.0 Blockchain Market

The global blockchain-oriented services industry generated over USD 29.09 billion in 2021 and is expected to grow at a CAGR of 41.3% over the forecast period.

Grand View Research’s blockchain-oriented services industry databook is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Blockchain-oriented Services Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Decentralized Finance Market Growth & Trends

The global decentralized finance market size is expected to reach USD 231.19 billion by 2030, expanding at a CAGR of 42.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The Decentralized Finance (DeFi) market is experiencing significant growth in terms of revenue attributed to the rapid technological advancements and continuous innovation within the crypto industry. In addition, the market's expansion is propelled by the high level of transparency and real-time settlement capabilities offered by DeFi networks.

In April 2023, Life DeFi, a prominent decentralized finance ecosystem, unveiled its latest collaboration with a Web3 infrastructure provider, Validation Cloud. This strategic partnership aims to empower retail users by enabling them to easily stake their digital assets directly from the Life DeFi Wallet mobile applications. Leveraging the robust validator nodes offered by Validation Cloud, this collaboration ensures a seamless, trustworthy, and secure staking experience for users of the Life DeFi platform.

The rise of Decentralized Finance (DeFi) will create new business opportunities for traditional banks and other financial service providers in the coming years. As the use cases for decentralized finance expand and gain traction, financial institutions will have the potential to integrate comprehensive solutions. This could include offering asset securitization and financing to institutional clients within decentralized finance protocols. Furthermore, financial firms may develop specialized services tailored for Web 3.0 enterprises and entrepreneurs, such as compliance solutions, risk management, or insurance underwriting for DeFi protocols.

During the COVID-19 pandemic, the emergence of decentralized finance platforms gained significant attention as investors sought higher yields amidst historically low-interest rates. These platforms provide services comparable to traditional financial institutions but with less regulatory oversight, making them appealing to investors during the pandemic. One of the key advantages of DeFi is its decentralized nature, devoid of any central authority, which is expected to unlock new possibilities and opportunities for the market.

Order your copy of the Free Sample of “Blockchain-oriented Services Industry Data Book - Decentralized Finance, Blockchain Messaging Apps, Decentralized Identity, Non-fungible Token, Web 3.0 Blockchain Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Monthly Transactions of NFT marketplace, in USD Billion

Non-fungible Token Market Growth & Trends

The global non-fungible token market size is expected to reach USD 211.72 billion by 2030, growing at a CAGR of 33.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing demand for digital art worldwide is one of the major factors driving the market growth. Digital art is defined as the art that is displayed or created using digital technologies.

The growing use of cryptocurrency globally is also anticipated to drive market growth. This is because cryptocurrency is used by people to purchase digital assets. According to CoinMarketCap, as of February 2022, the total global capitalization of cryptocurrency is USD 1.76 trillion, making it equivalent to the world’s 8th largest economy.

The market growth of non-fungible token (NFT) companies is further supported by the substantial funding they have raised. In August 2022, during a community event broadcast live, Collective Proof, a non-fungible token, announced that it had successfully raised USD 50 million in a Series A funding round. The funding round, led by a16z, saw the participation of several prominent investors, including Seven Seven Six, Collab+Currency, True Ventures, Flamingo DAO, SV Angel, and VaynerFund. This substantial investment comes as Proof prepares to launch its upcoming NFT collection, further solidifying its position in the NFT market.

The COVID-19 pandemic is expected to impact the market positively over the forecast period. The restrictions imposed during the pandemic confined people at homes and limited their sources of income. As a result, NFT-based gaming platforms such as Axie Game have gained increased popularity as they help people earn income amid the COVID-19 pandemic.

Go through the table of content of Blockchain-oriented Services Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Blockchain-oriented Services industry are:

Compound Labs, Inc.
MakerDAO
Aave
Signal
Cyber Dust

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Ultrasound Devices and Accessories Sector Type Estimates, Revenue Drivers and Restraint Analysis

Ultrasound Devices and Accessories Industry Data Book Covers Ultrasound Device, Ultrasound Transducer and Ultrasound Gels Market

The global Ultrasound Devices and Accessories Industry generated over USD 13.65 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030.

Grand View Research’s Ultrasound devices and accessories industry databook is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

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Ultrasound Device Market Growth & Trends

The global ultrasound device market size is expected to reach USD 14.5 billion by 2030, registering a CAGR of 4.3% over the forecast period, according to a new report by Grand View Research, Inc. Ultrasound is a very efficient technology that aids in the diagnosis of various disorders such as tumors as well as the detection of changes in the appearance of organs, tissues, and arteries. It also has a range of therapeutic applications. An increase in the adoption of ultrasound devices for diagnosis and treatment is driving the market. In addition, a rise in the adoption of minimally invasive surgeries, coupled with technological advancements is expected to boost the market growth.

Emerging innovations in ultrasound technology are expanding the market size. Hand-held ultrasound devices have made the technology more accessible for use in limited-resource communities around the world. Furthermore, the introduction of 3D/4D ultrasound and the integration of artificial intelligence (Al) to automate time-consuming processes are expected to propel the market growth during the forecast period. For instance, in September 2020, GE Healthcare launched Voluson SWIFT, a new ultrasound technology, which is designed to help women’s health by allowing clinicians to enhance patient outcomes by expanding diagnostic capabilities. The system includes industry-first AI algorithms for auto-recognition and has excellent image quality.

The rising prevalence of chronic diseases like cancer, neurological conditions, orthopedic conditions, and cardiovascular diseases, significantly increases the demand for the adoption of ultrasound devices for diagnosis, thus expanding the market during the forecast period. In addition, the market for therapeutic ultrasound equipment is predicted to grow due to the rising use of ultrasound techniques for various therapeutic procedures using High-Intensity Focused Ultrasound (HIFU) technology and Extracorporeal Shockwave Lithotripsy (ESWL). The market's prominent competitors are taking different initiatives such as funding and acquisitions of medium and small-sized businesses in order to expand their product portfolio and enhance their manufacturing capacity. For instance, in September 2021, GE Healthcare acquired BK Medical, a leader in advanced surgical visualization.

Ultrasound Devices Market Key Products Segemnts & Trends

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Ultrasound Gels Market Growth & Trends

The global ultrasound gels market is registering a CAGR of 2.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption rate of ultrasound devices in healthcare settings due to its diagnostic efficiency and cost-effectiveness is the factor expected to drive the demand for the conductive medium during the forecast period. In addition, the increasing number of external sonography procedures requiring a low level of sterility has contributed to its largest market share.

Increasing patient visits reporting problems such as heart disease, kidney and gallbladder problems, and lung and intestinal diseases where ultrasound primarily finds application is expected to increase the consumption rate of the gel. Growing concern to protect the ultrasound transducer from damages and the developing trend to provide utmost patient satisfaction during treatment has led to increasing demand for odorless, colorless, and stain-free ultrasound gels. The availability of handheld sonography devices at affordable prices has promoted their adoption rate in small-sized clinics. Therefore, the growing installation rate of sonography units in clinics has contributed to the rising demand of gel in these setups.

Availability of alternative to ultrasound gels, the advent of gel-free sonography probes, and limited access to medical consumables in rural areas are expected to resist the growth of the market during the forecast period. The gel-free sonography probes can be a major threat to the market, but its expensiveness is limiting its adoption rate.

Go through the table of content of Ultrasound Devices and Accessories Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Ultrasound Devices and Accessories industry are –

Compass Health Brands
ECO-MED
National Therapy Products
R Pharmaceuticals Inc
Tele-Paper Malaysia

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Earthmoving Equipment Sector Overview by Product, Application, and Regional Demand

Earthmoving Equipment Industry Data Book Covers Excavator, Loader, Motor Grader, Dumper And Dozer Market

The global Earthmoving Equipment Industry generated over USD 85,892.1 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030.

Grand View Research’s earthmoving equipment industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

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Excavators Market Growth & Trends

The global excavators market size is expected to reach USD 108.37 billion by 2030, expanding at 7.2% CAGR from 2023 to 2030, according to a new study by Grand View Research Inc. The primary driver of the market's expansion is the sharp rise in the demand for excavators among construction machinery contractors for site preparation tasks including grading and excavation. The increased construction of roads and highways, urban infrastructure, and the mining industry will likely lead to an increase in demand for wheeled excavators throughout the course of the projected period, thus supporting the excavator industry’s growth.

The expansion in investment in the mining and construction industries across numerous nations is what is driving the need for excavators. Increasing demand for "megacities" and "smart cities" in developing countries, as well as the construction industry's rapid growth, are some of the drivers driving the wheeled excavator industry. Moreover, the market for wheeled excavators is predicted to rise as a result of technological breakthroughs like the air-to-water intercooler engine, which produces a higher output. Furthermore, the excavator industry is growing due to features like special riding control, dedicated swing pumps, load-sensing hydraulics, work-toll adaptability, and hydraulically powered cooling fans.

Wheeled excavators are typically utilized in urban settings, and initiatives like smart cities and megacities are increasing demand for them. One of the main factors promoting the segment's growth is government spending on new infrastructure development and upgrading of existing infrastructure. Excavators are used in construction for grading, landscaping, building demolition, digging trenches, holes, and foundations, as well as for material handling and lifting. Their capacity varies depending on size and attachments, doing big operations or lesser ones.

Most excavator manufacturers are developing electric excavators to fulfil the regulatory and customers' changing requirements since strict laws continue to present manufacturers with several challenges and consumers are seeking to lower the environmental impact of the equipment they employ. Recently, Volvo Construction Equipment and Services, Inc. unveiled a totally electric prototype of a small-sized excavator that outperforms traditional excavators in terms of efficiency, noise level, and cost of ownership. Similarly, Hyundai Construction Equipment (HCE), which worked with Cummins Inc. to use its most recent innovations, including Li-ion technology in the production of electrically driven micro excavators. It is another manufacturer to introduce a 100% electric excavator prototype.

Earthmoving Equipment Industry Trends Strategy by Participants

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Motor Grader Market Growth & Trends

The global motor grader market size is expected to expand at a CAGR of 6.0% from 2023 to 2030, according to a new study by Grand View Research Inc. The growing demand for motor graders among construction contractors for preparing sites through operations, including carrying debris and grading, is the main factor driving the growth of the motor grader industry. Throughout the anticipated period, there will probably be a growth in motor grader demand due to the development of roads and highways, urban infrastructure, and the mining industry, supporting the expansion of the motor grader industry.

The increasing investment in construction and mining sectors across multiple nations drives the demand for motor graders. The growing need for megacities and smart cities in developing nations and the brisk expansion of the construction sector are factors propelling the motor grader industry. A higher output engine known as the air-through water cooler is a technological advancement expected to boost the market for motor graders. In addition, attributes like a unique riding control, a specialized swing pump, load sensor hydraulics, and a hydraulics-based powered cooling fan are contributing to the market expansion.

Motor graders are frequently used in urban and mining environments. Government investment in fresh infrastructure development projects and refurbishing old infrastructure is one of the primary drivers encouraging the segment's growth. In construction, motor graders are used for grading, leveling grounds, and varying debris, as well as for lifting and material handling. Their ability to do large or small operations depends on their size and attachments, which are expected to support the growth of the motor grader industry.

Since stringent laws are compelling manufacturers with numerous hindrances and end users are looking to reduce the environmental impact of the equipment they use, the majority of motor grader manufacturers are developing electric motor graders to satisfy the regulatory and customers' changing requirements, supporting the motor grader industry growth.

Go through the table of content of Earthmoving Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Earthmoving Equipment industry are –

Komatsu
Hitachi Construction Machinery
Caterpillar
John Deere
Volvo
CNH Industrial

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Cell Culture Sector is Amplified by Rising Demand for Biopharmaceuticals, Artificial Organs and Vaccine Production

Cell Culture Industry Data Book Covers Cell Culture, Cell Culture Media, 3D Cell Culture, and Primary Cell Culture Market

Grand View Research’s Cell Culture Industry databook is a collection of market sizing & forecasts insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses studies. Within the purview of the databook, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.The following data points will be included in the final product offering in four reports and one sector report overview.

Access the Global Cell Culture Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Cell Culture Market Growth & Trends

The global cell culture market size is expected to reach USD 60.27 billion by 2030, expanding at a CAGR of 11.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. This can be attributed to the increase in biopharmaceutical production, advancements in vaccine research and development, and increasing focus on genetic engineering applications that rely heavily on cell culture techniques.

Innovations in cell culture workflow automation, such as the commercial development of integrated robotic liquid handling systems, are expected to significantly boost the capabilities of current cell culture technologies. For instance, culturing processes are expected to witness improvements in capacity handling and efficiency, and reproducibility in operations. Similarly, automation in cell line development technologies is gaining traction with the launch of new platforms. For instance, in October 2021, CYTENA launched C.STATION, a fully automated cell line development platform, for enhancing antibody and gene therapy production. Such product launches are likely to increase the market penetration of cell culture offerings.

Cell culture models play a pivotal role in the development of novel therapeutics for diseases such as diabetes, cancer, and Parkinson’s diseases. With the increasing emphasis on research and development activities exploring therapeutic candidates for such diseases, the demand for customized media for use in preclinical research is expected to drive the market. Furthermore, demand for serum-free media is likely to witness significant growth due to increasing quality constraints in biopharmaceuticals and the requirement for highly consistent and standardized culturing conditions.

The COVID-19 pandemic has boosted the demand for cell culture products due to the significant role played by culturing technologies in the discovery of novel diagnostic and therapeutic options for the disease. For instance, research applications such as high-throughput COVID-19 drug screening for the identification of potential drug candidates or investigations aimed at understanding the mechanism of viral entry into the host cells are expected to positively affect the market growth. Furthermore, culturing techniques offer essential tools for the production of viral particles for vaccine development, thereby broadening the growth prospects in this domain.

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Cell Culture Media Market Growth & Trends

The global cell culture media market size is expected to reach USD 10,186.6 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.23% from 2023 to 2030. Expansion of biosimilars and biologics, growth in stem cell research, and emerging bio manufacturing technologies for cell-based vaccines are the major factors which are likely to drive the market. For instance, in October 2021, the Australian Government funded the Australian-led stem cell research through USD 25 million in grants.

The expansion of clear, regulatory approval paths for biosimilars in emerging markets is generating great opportunities for biosimilar monoclonal antibodies. The availability of an approval pathway in the U.S., has led to new opportunities for bio manufacturers to enter major markets around the globe. Biosimilar versions of monoclonal antibodies have the probability to offer cost reductions of 25-30%, and many emerging market countries are vigorously developing pathways for approvals and are swiftly catching up. As this industry is expanding the key biopharmaceutical players are adopting robust culturing technologies to meet the increasing demand; thereby driving the growth of the market.

Moreover, there is growing interest in improving the stem cell culture, because this technology is being used extensively in research for studying the stem cell biology, as well as for therapeutic applications. Furthermore, funding related to this research field has augmented in recent years which has accelerated the growth of the market. In addition to this, key media manufacturers launched new products for stem cell research. For instance, in September 2021, Bio-Techne Corporation launched a novel medium for the maintenance and expansion of induced pluripotent stem cells having applications in both translational and research workflows.

The outbreak of COVID-19 pandemic has improved the demand for well-established cell-based vaccine production technologies. Moreover, it has given rise to a few scientific innovations, particularly in the production and testing of vaccine technology. For instance, the Vero line originated from the African green monkey kidney and has been extensively used for viral vaccine manufacturing. It has also been used for the development of various SARS-CoV variants. ProVeroTM1 Serum-free Medium is one such medium manufactured by Lonza Bioscience which is protein-free, and of non-animal origin designed to support the growth of Vero cells and MDCK.

Go through the table of content of Cell Culture Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Cell Culture industry are –

Sartorius AG
Thermo Fisher Scientific
Bio-Rad Laboratories
Merck KGaK
Eppendorf AG
Becton, Dickinson and Company

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Metal Cans Sector Demand is driven by Increasing Consumption of Packaged and Processed Food and Beverages

Metal Cans Industry Data Book Covers Aluminum Cans, Beverage Cans, Food Cans, and 2- Piece Cans Market

The global Metal Cans Industry generated over USD 61.7 billion in 2021 according to a new report by Grand View Research, Inc.

Grand View Research’s Metal Cans industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

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Beverage Cans Market Growth & Trends

The global beverage cans market size is expected to surpass USD 59.6 billion by 2030, according to a new report by Grand View Research, Inc., The market is expected to expand at a CAGR of 5.3% from 2023 to 2030. The demand for highly portable and superior beverage packaging for protection from the external environment is primarily contributing to market growth. The rising demand for aluminum cans on account of superior properties such as lightweight and growing aluminum recycling is further driving the market.

The continuous technological advancements in the market which include machinery automation, printing technology, and raw material advancements are further contributing to the market growth. For instance, Ball Corporation introduced the Dynamark variable printing technology that allows for customized printing of beverage cans with a single pallet. The technology offers numerous options for high-quality printing, keeping the time required to change the designs to a minimum.

The aluminum can segment is leading the global market with major revenue and volume share. Manufacturers are continuously focusing on research and development activities associated with aluminum cans to cater to the increasing demand for sustainability in the global market. For instance, The Coors Brewing Company uses ultraviolet (UV) light curing technology for its aluminum beverage cans. The company uses coating materials that cure when exposed to UV light and offers a low-cost alternative to the expensive heat treatments used in conventional convective heat ovens for curing the inks. In addition, the UV cured method creates lower emissions and a smaller waste stream owing to the lesser solvent usage compared to its alternatives.

The increasing demand for various fruit juices and sports drinks in can packaging is expected to benefit the market growth. Additionally, the growing consumption of ready-to-drink beverages that primarily uses cans as packaging is further boosting the market growth. Manufacturers operating in the fruit and vegetable juices market such as Nestle, Welch Foods Inc, and De Monte are increasingly focusing on offering attractive packaged juices to customers in order to attract them and are also moving toward sustainability.

Companies operating in the beverage industry establish direct contracts with beverage cans manufacturers to cater to their specific demands while mitigating the risk of price fluctuations. Direct supply agreements are observed between large-sized beverage companies and beverage cans manufacturers, wherein a high level of product customization is undertaken. These supply agreements guarantee uniform packaging demand, which eases the production and distribution planning for beverage companies.

Beverage Cans Market Share, by Region, 2022 (%)

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2- Piece Cans Market Growth and Trends

2-piece cans include and 2- Piece Draw Redraw (DRD), 2- Piece Drawn and Ironed (DWI) types. The laminated flat tinplate undergoes stamping of the circular disc, thus forming a shallow cup by drawing through a circular die, and then the cup is re-drawn on a second or third die to produce a can body of desired shape and size. The cans are manufactured using the aforementioned process termed DRD cans. Furthermore, DWI cans are made from a metal coil sheet, which is drawn into a cup shape and then wall-ironed into a can shape with several stages of wall ironing.

The 2- piece drawn and ironed (DWI) cans are leading the market with a maximum revenue share as of 2022 and the segment is also projected to continue with its dominance throughout the forecast period. Additionally, the growth of the segment is also anticipated to be the fastest with a CAGR of 6.4% from 2022 to 2030. Companies including Kian Joo Can Factory Berhad provide 2-Piece DWI Steel Cans for the protective packaging of processed food, evaporated milk, and sweetened condensed milk. Thus, the use of these cans in a variety of applications is supporting the dominance and growth.

Go through the table of content of Metal Cans Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Metal Cans industry are –

Amcor Ltd
Ardagh Packaging Group Plc.
Bail Corporation
BWAY Corporation
CPMC Holdings Ltd.
Crown Holdings Inc.
Kian Joo Group
Rexam Plc.

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