Industries Study Report

Is the Bioplastics Industry Profit Margin Sustainable for the Future?

Bioplastics Industry Data Book - Biodegradable Plastic, Polylactic Acid (PLA), Bio-based Polyurethane (PU) and Biopharma Plastics Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 - 2030

The global Bioplastics Industry was valued at 2,470.6 kilotons in 2021 and is anticipated to increase at a significant CAGR from 2022 to 2030.

Grand View Research’s bioplastics 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 an agricultural statistics e-book.

Biodegradable Plastic Market Insights

The global biodegradable plastic market size was estimated at 1,118.4 kilotons in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 16.2% from 2022 to 2030. Governments prohibiting the use of single-use plastic coupled with rising awareness among the public regarding the ill effects of plastic waste are among the key trends stimulating market growth.

Additionally, increasing the use of biodegradable plastic in packaging and agriculture is anticipated to supplement the growth of the segment. Non-decomposable plastic is a global issue. Governments around the world are tackling this problem by banning single-use plastic and promoting the use of biodegradable plastic. Moreover, consumers are willing to pay more for biodegradable plastic owing to their eco-friendly nature. The aforementioned factors, cumulatively, are providing a fillip to the market.

U.S. biodegradable plastic market is expected to rise significantly over the forecast period on account of the growing demand for bio-based packaging in food and consumer goods sectors. Bio bags and bio-based plastic have higher tensile strength, are eco-friendly in nature, and are convenient for use as compared to conventional plastic.

Order your copy of the Free Sample of “Bioplastics Industry Data Book - Biodegradable Plastic, Polylactic Acid (PLA), Bio-based Polyurethane (PU) and Biopharma Plastics Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 - 2030” Data Book, published by Grand View Research

Polylactic Acid (PLA) Market Insights

The global polylactic acid market size was estimated at 295.1 kilotons in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 16.8% from 2022 to 2030. The growth of the PLA market is mainly driven by the growing demand for polylactic acid (pla) biodegradable resin in packaging across emerging economies such as China, India, Italy, and others. Bioplastics are environmentally friendly alternatives to traditional plastics, notably in flexible and rigid packaging applications, because they are bio-based, compostable, and biodegradable in nature. Bioplastics are materials in which all the carbon is derived from renewable Raw Materials such as algae, corn, sugarcane, bacteria, potatoes, seashells, and starch.

The growing transition toward developing energy-efficient vehicles and electric vehicles has pushed global automotive manufacturing companies toward including plastics in automotive components to reduce the overall weight of a vehicle. Thermoplastic plastic manufacturers are collaborating to develop plastics suitable for use in the automotive industry, which, in turn, is expected to drive the overall market growth.

PLA packaging provides an environment-friendly solution and helps in enhancing the appearance of the final product. PLA packaging has become an essential part of green packaging of various food products, which is likely to improve its growth prospects over the forecast period. The increasing utilization of bio-based plastics in flexible packaging is expected to fuel the growth of the polylactic acid market. Growing demand for food, on account of increasing global population, is one of the key trends augmenting the market growth.

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

Bioplastics Industry Data Book Competitive Landscape

Major players engage in mergers and acquisitions, expand their production facilities, develop infrastructure, invest in research and development facilities and find ways to vertically integrate their operations across the value chain.

Key players operating in the Bioplastics Industry are:

Toyota Tsusho Corporation
Avantium
PTT MCC Biochem Co., Ltd.
An Phat Holdings
NatureWorks LLC

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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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Are You Getting the Best Value? Understanding Energy-as-a-Service Procurement Costs

Energy-as-a-Service Category - Procurement Intelligence

The Energy-as-a-Service Category is anticipated to grow at a CAGR of 9.20% from 2023 to 2030. North America is the leading market followed by Europe due to the rise in automation in manufacturing plants, renewable energy demand, and commercial industry growth.

This category is driven by key drivers such as cost efficiency, scalability, flexibility, simplified IT management, access to advanced technologies, and innovation for organizations in today's dynamic business landscape. The key trends that are shaping its growth trajectory include the escalating energy demand driven by expanding industries, favorable energy regulations promoting EaaS adoption, the increasing integration of renewable energy sources to meet sustainability goals, the growing demand for flexibility to adapt to market changes, and the emphasis on energy efficiency to optimize resource utilization.

This category is highly fragmented, with a large number of providers offering a variety of services. To dominate the category, major businesses use various tactics including providing a wide range of services, making investments in R&D, and purchasing smaller rivals. By doing this, they can develop their global footprint while also satisfying the market's growing need.

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Recent technological advancements include the development of smart meters, microgrids, and energy storage systems. These technologies have made it possible for category providers to offer more comprehensive and flexible energy solutions to businesses and consumers. For example, smart meters can help businesses and consumers track their energy usage in real-time, and microgrids can provide businesses with backup power during outages. Energy storage systems can also help businesses to store excess energy for use during peak demand periods. It is also important to note that the rising adoption of distributed energy resources (DER) in emerging nations is a significant contributor to the market's growth since they are both cost-effective and energy efficient.

The key cost components include energy generation and distribution costs, maintenance and operations expenses, procurement and installation fees, financing charges, and additional services provided within this service package. Understanding these components is crucial for both service providers and customers in assessing the financial implications of adopting EaaS. Pricing in this category typically follows a pay-per-use model, considering factors such as energy demand, efficiency improvements, and operational savings achieved. The price section includes service pricing, base fee, usage costs, add-ons/upgrades, support and maintenance, implementation/onboarding costs, and contract terms. Achieving an optimal pricing and cost strategy is essential to provide value to customers while ensuring a profitable and sustainable business model for EaaS service providers.

List of Key Suppliers in the Energy-as-a-Service Category

Schneider Electric
Siemens
Engie
Honeywell International Inc.
Veolia, EDF
Johnson Controls
Bernhard
General Electric
Entegrity
Enel SpA,
NORESCO, LLC
Centrica plc
Wendel

Energy-as-a-Service Procurement Intelligence Report Scope

Energy-as-a-Service Category Growth Rate: CAGR of 9.20% from 2023 to 2030

Pricing Growth Outlook: 3%-4% (Annually)

Pricing Models: Subscription-based pricing model and pay-per-use pricing model

Supplier Selection Scope: Technical capabilities, experience, pricing, and support to customers

Supplier Selection Criteria: Capabilities and reliability, track record and pricing, performance guarantees, flexible pricing structures, diversifying sourcing strategies, and leveraging technology

Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends
Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

Exploring the Strengths, Weaknesses, Opportunities, and Threats in the Clinical Laboratory Industry

Clinical Laboratory Industry Data Book - Clinical Laboratory Tests and Clinical Laboratory Service Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Clinical Laboratory Industry was valued at USD 321.20 billion in 2022 and is anticipated to increase at a significant CAGR of 5.52% from 2023 to 2030.

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

Clinical Laboratory Tests Market Insights

The global clinical laboratory tests market size was estimated at USD 103.67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.42% from 2023 to 2030. The clinical laboratory tests market is witnessing growth due to factors such as the rising geriatric population, growing prevalence of target diseases, and introduction of innovative solutions to meet the growing demand of market for clinical lab testing. The increasing prevalence of diseases such as cardiovascular diseases and diabetes is expected to be a significant driver of market growth over the forecast period.

According to the WHO, globally cardiovascular diseases cause approximately 17.9 million deaths each year, primarily due to heart disease and stroke as of 2021. Additionally, the prevalence of diabetes is constantly increasing, creating a substantial patient pool for the clinical laboratory test market. Drastic lifestyle changes, such as a growing number of smokers globally, rising obesity rates, and dietary irregularities, are major contributors to the high global prevalence of cardiovascular diseases. The added risk of developing cardiovascular conditions due to SARS-CoV-2 emphasizes the significant use of clinical laboratory tests for risk stratification. The increasing disease burden indicates market growth during the forecasted period.

According to WHO, life expectancy is now exceeding 80 years in most developed economies. Aging is influenced by the interaction of several environmental and genetic factors that affect immunity and metabolism, affecting the function of organs, and is characterized as a substantial risk factor for infectious disease development. The general purpose of clinical laboratory tests is to assist in identifying signs of nutrient deficiencies, detecting changes in health, evaluating bodily functions such as those of the kidney, liver, or thyroid, and monitoring the progression of treatment or disease. Thus, screening and diagnostics can play important role in the management of overall health. Thus, with an increase in the geriatric population, the need for acute and long-term healthcare is also rising, thereby driving the growth of market globally.

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Clinical Laboratory Service Market shares, by test type and service providers segment, 2022 (%)

Clinical Laboratory Service Market Insights

The global clinical laboratory services market size was estimated at USD 217.53 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.24% from 2023 to 2030. The market growth is due to the factors such as increasing burden of chronic diseases and growing demand for early diagnostic tests. Moreover, rapid advancements in data management and sample preparation due to growing volumes of testing samples are anticipated to boost market growth during the forecast period.

Clinical lab services are widely used for variety of applications, primarily for detecting and quantifying different biological substances. Variations in biomolecular concentrations can indicate various abnormal metabolic activities, infections, infectious and non-infectious diseases, and inflammatory conditions. To ensure optimal clinical results and overall public health, it's vital to rapidly and accurately diagnose severe illnesses and administer appropriate treatment.

Automation in clinical settings has significantly improved the data management process in laboratories. Growing adoption of laboratory automation systems is expected to boost the market during the forecast period. Furthermore, database management tools, patient test records, and integrated workflow management systems have received significant consideration in the healthcare industry. This can be attributed mainly to companies that are involved in processing nearly 100 to 150 billion samples per year. Hence, improvement & implementation of informatics and automated data management solutions to perform seamless operations are anticipated to drive the market.

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

Clinical Laboratory Industry Data Book Competitive Landscape

Competitive rivalry in this market is to be high due to a large number of service providers, increasing number of contract research organizations, and high R&D investment to develop novel tests for different healthcare applications.

Key players operating in the Clinical Laboratory Industry are:

Abbott
ARUP Laboratories
OPKO Health, Inc.
Bioscientia Healthcare GmbH
Charles River Laboratories

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The Future of Wi-Fi Chipset Industry: Technology Trends and Innovations

Wi-Fi Chipset Industry Data Book - Wi-Fi 6, Wi-Fi 6E and Wi-Fi 7 Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Wi-Fi Chipset Industry is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s Wireless Fidelity (Wi-Fi) chipset industry data book is a collection of market sizing information & forecasts (2019-2030), key players competitive benchmarking analysis, government regulatory data, macro-environmental analysis, and 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.

Wi-Fi 6 Market Insights

The global Wireless Fidelity 6 market generated over USD 9.90 billion revenue in 2021 and is projected to expand at a CAGR of around 4.6% during the forecast period to reach USD 24.10 billion by 2030. The growth of this market can be attributed to the increasing demand for high-performance network connectivity that can allow multiple users to access the network simultaneously at a consistent bandwidth capacity.

The Wireless Fidelity 6 market is expected to register a significant growth rate over the forecast period owing to the growing need for high bandwidth to mitigate network congestion due to heavy network load. Moreover, the growth is further influenced by the rapidly growing demand for modern devices such as smartphones, laptops, tablets, and routers with the supporting capability of new wireless frequency bands such as 2.4GHz, 5GHz, and 6GHz. Additionally, offering Basic Service Set (BSS) colouring features in WiFi 6 technology allows users to improve network reliability in a dense ecosystem by enabling frames from the neighbour’s network. These frames help to minimize interference from other networks and boost the network speed. As a result, these chips are expected to witness increased demand across residential, commercial, and industrial applications.

Wi-Fi 6 Market Device Type Outlook

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Wi-Fi 6E Market Insights

The global Wi-Fi 6E chipset market size was valued at USD USD 2.37 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 27.0% from 2022 to 2030. The rising need for improved network low latency and bandwidth communications across companies is expected to drive the market over the projected period. The greatly increased data traffic has driven the need for enhanced network connectivity across numerous industries, including corporate and industrial. Thus, over the coming years, it is projected that the installation of Wi-Fi 6E devices will expand, as will the demand for their chipsets. Several companies across the globe are focusing on developing Wi-Fi 6E modules to power the upcoming laptops and PCs.

Increasing demand for high-speed and low-latency wireless connectivity among consumers has led to higher adoption of Wi-Fi 6E chipset devices. With the growing adoption of advanced technologies, such as 4K/8K video streaming, Virtual Reality (VR), Augmented Reality (AR), and cloud-based gaming, there is a significant need for high-speed and low-latency wireless connectivity. The Wi-Fi 6E technology offers faster data transfer rates and lower latency, making it an ideal solution for these applications. The adoption of smart home and smart city technologies is increasing rapidly, with consumers and governments recognizing these solutions' benefits.

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Wi-Fi Chipset Industry Data Book Competitive Landscape

Market players are primarily focusing on developing new products in the market in order to cater to a large number of customers’ needs and requirements.

Key players operating in the Wi-Fi Chipset Industry are:

Broadcom Inc
Qualcomm Technologies, Inc.
ON Semiconductor Connectivity Solutions, Inc.
Intel Corporation
Celeno

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Clinical Trial Imaging Services Procurement Revenue Forecast Report, 2023 - 2030

Clinical Trial Imaging Services Category - Procurement Intelligence

The Clinical Trial Imaging Services Category is anticipated to grow at a CAGR of 8.05% from 2023 to 2030. North America holds the largest category share at about 41%.The rising number of Contract Research Organizations (CROs) along with biotechnology and pharmaceutical companies, the increasing presence of chronic health diseases among the population, the development of innovative imaging techniques, and rising R&D investment to develop new drugs and therapies are some of the key factors driving the growth.

There are several key trends emerging in the category and some of them include the integration of artificial intelligence, betterment in data management & analysis, virtual imaging, and trials. For example:

In January 2023, ICON plc, a leading provider of clinical trial services, announced the launch of a new imaging platform that enables real-time monitoring and analysis of imaging data in clinical trials
In February 2023, PAREXEL International Corporation, a leading clinical research organization, announced the expansion of its imaging capabilities in Asia, with the opening of a new imaging center in Singapore
In April 2023, BioClinica, a leading provider of clinical trial imaging services, announced the launch of a new imaging platform that would merge AI and machine learning technologies to improve the accuracy and efficiency of image analysis in clinical trials

The project and data management services segment accounted for 29% of the category share in 2021, providing operational expertise, tracking projects, converting scans into digital images, regulatory control, and issue resolution. Based on application, non-alcoholic Steatohepatitis (NASH) is a rapidly growing disease with a global prevalence of 25.2% and is expected to reach 63% by 2030, driving demand for its treatment. Companies are focusing on improving clinical trial studies to assess the effectiveness of therapies used for NASH. The Contract Research Organizations (CROs) segment accounted for 46% of the Research & Development market in 2021, driven by the increasing cost of drug development and the demand for outsourcing of research and development activities.

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This category is fragmented with the presence of various small and medium-sized businesses that provide clinical trial imaging. Major market players are focused on research and development operations inside their organizations in order to extend their business across many geographies. To increase their share and boost their position, key corporations are pursuing various methods such as mergers, acquisitions, cooperation, and partnerships. For instance, ICON PLC purchased PRA Health Science in February 2021 to enhance its clinical research operations and worldwide healthcare intelligence.

China and India are some of the preferred sourcing destinations for this category. India is a popular destination for imaging services due to its established medical sector. Suppliers offer competitive pricing, and skilled labor, and can accommodate various project sizes. China is renowned for its precision manufacturing, offering high-quality products and advanced technology. Its suppliers are known for their precision, reliability, and strict quality control processes.

List of Key Suppliers in the Clinical Trial Imaging Services Category

Resonance Health
Navitas Life Sciences
IXICO plc
ProScan Imaging
Radiant Sage LLC
Medpace
Biomedical Systems Corp
Cardiovascular Imaging Technologies
Intrinsic Imaging
BioTelemetry

Clinical Trial Imaging Services Procurement Intelligence Report Scope

Clinical Trial Imaging Services Category Growth Rate: CAGR of 8.05% from 2023 to 2030

Pricing Growth Outlook: 20% - 30% (Annually)

Pricing Models: Variable pricing model, fixed-fee pricing model

Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence

Supplier Selection Criteria Products and services, applications, modalities, operational capabilities, regulatory standards and mandates, category innovations, and others

Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends
Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

Analyzing the Strengths, Weaknesses, Opportunities, and Threats in the Antibodies Industry

Antibodies Industry Data Book - Antibodies Production, Polyclonal Antibody, Monoclonal Antibody, Cancer Monoclonal Antibody, Research Antibody, Custom Antibody, Mammalian IgG Polyclonal Antibody Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Antibodies Industry is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s antibodies industry data book 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 data book, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.

Antibody Production Market Insights

The global antibody production market size was valued at USD 16.35 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.92% from 2023 to 2030. Increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases, coupled with the growing demand for therapeutic antibodies, has led to the rapid growth of the market. The COVID-19 pandemic has had a significant impact on the market. With the urgent need for therapeutic antibodies and vaccines to combat the virus, there has been a surge in demand for antibody production services.

Increasing investment in research and development of monoclonal antibodies is expected to drive market growth, especially in cancer treatment, which accounts for almost 50% of all R&D programs related to mAbs. The targeted approach of mAbs has revolutionized cancer treatment by reducing side effects and improving patient outcomes. Despite this, ongoing research and development are necessary to optimize mAb efficacy in cancer treatment. A significant milestone in the field of mAb therapeutics is the recent approval, by the European Commission of Bristol Myers Squibb’s combination therapy of Yervoy and OPDIVO for treating malignant pleural mesothelioma in June 2021. This approval highlights the potential of mAbs in treating complex and severe diseases and reinforces the need for continued investment in the research and development of mAb therapeutics.

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Monoclonal Antibodies Market, by Application, 2020 - 2030 (USD Billion)

Monoclonal Antibodies Market Insights

The global monoclonal antibodies market size was valued at USD 210.06 billion in 2022 and is projected to exhibit a compound annual growth rate (CAGR) of 11.04% from 2023 to 2030. Rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and others are increasing the demand for biologics, which is anticipated to serve as a key factor driving the monoclonal antibodies (mAbs) market. Similarly, increasing applications of mAb therapies for targeted therapies and rising awareness about such therapies amongst patients and physicians is expected to significantly contribute toward the market growth.

The market is also favored by the strategic initiatives undertaken by key players for the development and marketing of mAb products. For instance, in October 2021, T-Cure Bioscience, Inc. collaborated with Atlas Antibodies AB for the production and supply of CT83 mAbs. Similarly, in January 2022, Ono Pharmaceutical Co., Ltd. and Neurimmune AG collaborated on the creation of mAb drugs against new therapeutic targets for neurodegenerative diseases. Such initiatives are expected to open new growth opportunities and positively affect market growth.

However, high costs associated with the development of mAbs and the resultant increase in prices for mAb therapeutics can impede market growth in the near future. For instance, COVID-19 treatment mAbs such as Regeneron’s REGEN-COV (casirivimab and imdevimab), and GlaxoSmithKline & Vir Biotechnology’s sotrovimab cost around USD 1,250 and USD 2,100 per infusion, respectively. Such high drug prices can limit the access to mAb therapies for the large patient populations in developing countries and restrict mAbs adoption.

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

Antibodies Industry Data Book Competitive Landscape

To maintain a significant share in the market, key participants are undertaking various initiatives and implementing business strategies, such as product launches, product portfolio expansion, reinforcement and stabilizing the distribution network, and manufacturing capacity expansion and geographic reach expansion through acquisitions, collaborations, and partnerships.

Key players operating in the Antibodies Industry are:

Danaher Corporation
Sartorius AG
Thermo Fisher Scientific, Inc.
GE Healthcare
Merck KGaA

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Breaking Down the Costs: A Closer Look at the Paints and Coatings Industry

Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

The global Paints and Coatings Industry was estimated at 48.16 million tons in 2022 and is anticipated to increase at a significant CAGR of 3.2% from 2023 to 2030.

Grand View Research’s paints & coatings sector database 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.

Powder Coatings Market Insights

The global powder coating market size was valued at 8.52 million tons in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. The emerging economies of Asia Pacific and MEA regions have witnessed strong growth in non-residential sectors including consumer goods, IT, telecom, and retail resulting in growth in product demand. The growing number of consumer goods companies in India, China, and Singapore is expected to augment market development in the near future. Powder coatings have numerous advantages over other coatings, such as lower operating costs, immediate availability, negligible VOC emission, excellent appearance, and uniform thickness. In addition, they are relatively easy to apply in thick layers of coating, which results in a smooth, uniform appearance.

A rise in the production of automobiles and the surge in demand for medical devices are expected to be major factors driving the market growth in developing nations including India, China, Brazil, and Mexico over the forecast period. Moreover, high product adoption in the furniture sector on account of its excellent performance, low operational costs, color availability, and custom properties, such as anti-corrosion and anti-bacterial functions, will stimulate market growth.

Paints & coatings is among the most heavily regulated industries in the world. There are a large number of players operating in the global paints & coatings market across the globe. With technological advancements, various new coating technologies have been introduced. These technologies include waterborne coatings, powder coatings, radiation-curable coatings, and high-solid coatings, among a few others.

Powder Coatings Market Volume, by product, 2020 - 2030 (Million Tons)

Order your copy of the Free Sample of “Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Waterborne Coatings Market Insights

The global waterborne coatings market size was valued at 18.92 million tons in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. The growth is driven by the fostering of construction activities across the globe. Rising construction activities on account of rapid industrialization and urbanization across the globe are anticipated to drive product demand over the projected period. The excessive shift in coatings trend from low or high-volatility organic solvents to complete solvent-free coatings that have fewer emissions is likely to contribute to the growing demand for waterborne coatings in residential as well as commercial coating applications. Interior and exterior wall paint formulations mainly rely on waterborne coatings.

Waterborne coatings are expected to witness an increase in demand from automobile applications due to which the coating manufacturers are investing in research & development to reduce manufacturing costs and, thus, reduce the price of their coatings. Operators working in automobile OEM & refinishing companies are expected to follow compliance to switch from solvent-borne to waterborne coatings systems. Conventional solvent-borne coatings contain about 84% VOC content and 16% solids. Typical waterborne coatings contain about 70% water, 20% solids, and 10% solvent. Waterborne coatings for automobile applications include fewer VOCs, which reduces health-related risks. The product is used for multiple hues & stripping has an advantage as they use a less clear coat to even out the surface for different layers.

These aforementioned factors are expected to increase product demand in automobile applications. On the other hand, the COVID-19 pandemic disrupted industry growth on the account of a temporary shutdown of construction activities, automobile manufacturing sites, and many other facilities due to imposed global lockdown for an uncertain period of time. The industry further sustained a major hit by the pandemic due to disruption in the supply chain caused by the international border restrictions. The pandemic caused a slight slump in market growth; however, it is anticipated to bounce back owing to the rapidly growing construction activities across the globe.

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

Paints and Coatings Industry Data Book Competitive Landscape

The global paints & coatings market is heading toward major consolidations to increase efficiency, support growth, and achieve more leverage with suppliers and customers.

Key players operating in the Paints and Coatings Industry are:

PPG Industries, Inc.
Akzo Nobel N.V.
The Sherwin-Williams Company
Axalta Coating Systems, LLC
Jotun

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What are the Major Factors Driving the Growth of the Big Data Category?

Big Data Category - Procurement Intelligence

The Big Data Category is expected to grow at a CAGR of 12.7% from 2023 to 2030. North America accounts for the largest share of the category. The increasing demand for advancement in technology and increasing data generation in the business are boosting growth. Companies are focusing on adopting technology for boosting revenue and consumer base. For instance, in March 2022, Microsoft launched Azure Health Data Services, a cloud-based platform that combines health data and supports transactional and analytical workloads. It also powers artificial intelligence applications and protects protected health information (PHI).

Big Data Implementation: Total Cost Structure

Apache Hadoop is an open-source software framework that allows for the distributed storage and processing of large datasets. Hadoop breaks down large datasets into smaller chunks that can be stored and processed on multiple computers in parallel. This allows Hadoop to efficiently store and process large datasets that would be too large for a single computer to handle.

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Companies are continuously focusing on partnering or developing their own technology. For instance:

In April 2022, Wipro and DataRobot partnered to help businesses adopt Artificial Intelligence (AI) at a larger scale. The partnership will provide businesses with augmented intelligence solutions that can be used to improve decision-making, optimize operations, and deliver better customer experiences. The partnership will also help businesses to get more value from their data more quickly.
Oracle updated Oracle Analytics Cloud in January 2022 with a new design experience that makes it easier for users to identify, display, and act on critical insights. The new design features a fresh new look, more whitespace, and fonts that are optimized for dense data.
In May 2021, Telefonica Tech collaborated with Microsoft on Azure Edge Zone. Telefonica united its 5G connectivity with Microsoft Edge computing competencies, allowing industry procedures to strengthen digital transformation.
In December 2021, Microsoft added a soft delete feature to Azure Data Lake Storage. This feature allows users to recover accidentally deleted files and folders for a specified period of time. After the retention period has expired, the deleted items are permanently deleted.
In December 2021, Microsoft announced that Snowflake would be supported as a data source in Azure Purview. This means that users can now use automated data discovery to build a detailed map of their data environment, including Snowflake databases. Users can also quickly import information from Snowflake databases into the Azure Purview data map, and then manage and control the Snowflake data in Azure.

Category growth is expected to be fueled by the implementation of IOT, social media and user-generated content and decreasing cloud storage cost. The utilization of big data technology in social media like Facebook AI Research Lab and Amazon Kinesis is a key factor driving this trend.

Big Data Sourcing Intelligence Highlights

The global big data category is fragmented, with numerous small and large players operating in different regions. The competition between players is intense as they strive to gain a wider customer base and improve customer experiences
The growing number of suppliers of this technology, such as developers and programmers, has somewhat reduced the bargaining power of suppliers.
Project scope, data volume, technology stack, and other factors form the most significant cost component in big data implementation. The overall cost also depends on the infrastructure, hardware and software, data acquisition, and integration.
Most of the service providers offer complete services from data collection, development of technology, maintenance, and others.

List of Key Suppliers in the Big Data Category

Accenture
Cloudera
Google
Hewlett-Packard Company
IBM
Mu Sigma Inc.
Amazon
Oracle Corporation
Splunk Inc
Teradata Corporation

Big Data Procurement Intelligence Report Scope

Big Data Category Growth Rate: CAGR of 12.7% from 2023 to 2030

Pricing Growth Outlook: 3% - 4%

Pricing Models: Subscription-based

Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence

Supplier Selection Criteria: Type, technical expertise, security measures, support and maintenance, cost-effectiveness, and others

Report Coverage: Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends
Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

Breaking Down the Key Restraints Impacting the Life Science Microscopes Industry

Life Science Microscopes Industry Data Book - Surgical, In-vitro Fertilization, Super Resolution And Scanning Electron Microscopes Market Size, Share, Trends Analysis And Segment Forecasts, 2022 - 2030

The global Life Science Microscopes Industry was estimated at USD 3.36 Billion in 2021 and is anticipated to increase at a significant CAGR of 8.9% from 2022 to 2030.

Grand View Research’s life science microscopes 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.

Surgical Microscopes Market Insights

The global surgical microscopes market size was valued at USD 1.11 Billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.37% from 2022 to 2030. An increasing number of surgical procedures, demand for more precision, and emerging technologies, such as wide-angle illumination, red reflex illumination, and Augmented Reality (AR) microscopy are expected to boost the market growth. Surgical microscopes have become an essential tool for minimally invasive procedures in several fields, including neurosurgery, ophthalmic surgery, dental surgery, otorhinolaryngology, and cosmetic surgery.

Technological advancements in the product have significantly improved vision, stability and sizing, positioning, and recording capabilities and helped integrate image-guided microscope systems for better outcomes. They offer 3d visualization, optimum lighting, and magnification of deep surgical fields through small approaches. Apart from clinical benefits, surgeons physically benefit from these microscopes as they allow them to adjust their posture while performing long and complicated procedures. These advantages, coupled with the rapid adoption of microsurgery, are fueling the market growth.

Improvements in healthcare infrastructure and adoption of technologically advanced devices in developing countries have significantly improved patient outcomes. Furthermore, owing to rising disposal income, individuals are opting for expensive medical procedures such as minimally invasive surgeries that require use of surgical microscopes as they offer better resolution and magnification. The aforementioned factors are leading to increased demand for advanced medical equipment such as surgical microscopes, driving market growth.

Order your copy of the Free Sample of “Life Science Microscopes Industry Data Book - Surgical, In-vitro Fertilization, Super Resolution And Scanning Electron Microscopes Market Size, Share, Trends Analysis And Segment Forecasts, 2022 - 2030” Data Book, published by Grand View Research

Super-Resolution Microscopes Market Insights

The global super-resolution microscopes market size was valued at USD 1.24 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.2% from 2022 to 2030. Increasing applications in the life science industry, technological advancements, and the growing focus on nanotechnology are expected to drive the market during the forecast period. Super-resolution microscopes overcome the limitation of confocal as well as fluorescence microscopy as they provide increased X-Y resolution beyond 200 - 250 nm. Super-resolution microscopy is expected to give new insights into ongoing research in medical science and nanotechnology by offering resolutions up to 10-20 nm. These advanced microscopes are used by researchers in medical procedures and diagnoses. For instance, micro-endoscopy is used with the help of multiphoton or other advanced imaging techniques for the long-term application of these tools in novel medical treatment.

Super-resolution microscopes allow the visualization of the cellular sample with a resolution similar to that of an optical fluorescence microscope and diffraction-limited resolution. It is possible to uniquely visualize the desired molecular species in three dimensions, cellular environment, and the live cells.The use of super-resolution microscopy in biological sciences is growing. Currently, nanoimaging and non-diffraction-limited optical methods are altering our understanding of biological phenomena. Advanced super-resolution microscopes allow for molecular analysis. The most recent application of microscopes is a cellular examination at the nanoscale level. STED, the most recent super-resolution microscopy technology, is more compatible with living biological samples, making it valuable in life sciences. SIM has 3D imaging as well as live-cell imaging.

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

Life Science Microscopes Industry Data Book Competitive Landscape

The development of advanced imaging tools with the utilization of proprietary technology, growing investments by local & major players, and mergers & acquisitions are the key strategic initiatives being undertaken by the market players to maintain the competition.

Key players operating in the Life Science Microscopes Industry are:

Carl Zeiss Meditec AG
Olympus Corporation
Leica Microsystems (Danaher Corporation)
ALCON, Inc. (Novartis)
Takagi Seiko Co., Ltd.

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Active Pharmaceutical Ingredients and High Potency API Industry Restraint Analysis

Active Pharmaceutical Ingredients and High Potency API Industry Data Book - Active Pharmaceutical Ingredients and High Potency Active Pharmaceutical Ingredients Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Active Pharmaceutical Ingredients and High Potency API Industry was estimated at USD 233.31 billion in 2021 and is anticipated to increase at a significant CAGR of 6.0% from 2022 to 2030.

Grand View Research’s API and High Potency API industry databook is a collection of market sizing & forecasts insights, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses studies. Within the purview of the database, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.

Active Pharmaceutical Ingredients Market Insights

The global active pharmaceutical ingredients market size was estimated at USD 209.71 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. Advancements in Active Pharmaceutical Ingredient (API) manufacturing, growth of the biopharmaceutical sector, and an increase in geriatric population are among the key drivers of API market. An increase in prevalence of chronic diseases, such as cardiovascular diseases and cancer, is anticipated to boost market growth.

Increasing prevalence of infectious diseases and hospital-acquired infections is driving market growth. In addition, growing incidence of cardiovascular, genetic, and neurologic disorders is anticipated to act as a high-impact-rendering driver for market growth. Cardiovascular Diseases (CVDs) are the most prevalent causes of death globally. According to WHO, cardiovascular diseases cause death of 17.9 million people per day and are expected to cause approximately 25 million deaths by 2030. Increasing epidemiology of lifestyle, aided with rising number of smokers globally, growing incidence of obesity, and increasing dietary irregularities, are factors likely responsible to propel market growth. A recent report by the United Nations (UN) in May 2023 suggests that there has been a 75% increase in the number of girls and 61% in the number of boys with obesity in Europe.

Outsourcing of APIs has become profitable over in-house production. However, this trend took a different turn during the COVID-19 pandemic. Companies are looking to diversify their API suppliers and manufacturers to different locations instead of outsourcing it to just one manufacturer. In addition, risk mitigation is done using dual sourcing to ensure a continuous supply. Hence, key companies aim to capitalize on this ongoing outsourcing trend with new acquisitions. For instance, in August 2023, EUROAPI announced its deal to acquire BianoGMP to enhance its CDMO expertise in oligonucleotide manufacturing, which is a high-growth industry. This further demonstrates the company’s plans for vertical integration.

Order your copy of the Free Sample of “Active Pharmaceutical Ingredients and High Potency API Industry Data Book - Active Pharmaceutical Ingredients and High Potency Active Pharmaceutical Ingredients Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

HPAPI Market Growth, by Type of Manufacturer Segment, & Trends, 2017 - 2030 (USD Million)

High Potency API Market Insights

The global high potency active pharmaceutical ingredients market size was estimated at USD 23.60 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. High potency active pharmaceutical ingredients (HPAPI) market is witnessing growth due to the factors such as thegrowing applications of HPAPI, increasing prevalence of cancer, and growth of targeted therapies.Rise in the incidence of cancer has resulted in increase in R&D pertaining to anticancer drugs, which is expected to boost the growth of the HPAPI market over the forecast period.

The HPAPI market is experiencing a surge in demand for products with the rise in the adoption of cancer therapeutics. Cancer is considered one of the prominent health hazards due to the increasing number of people being affected by the disease. According to WHO, cancer accounted for 10 million deaths in 2020which equals nearly one in six deaths, making it the leading cause of death worldwide. The research initiatives and the presence of health awareness campaigns are expected to fuel the global HPAPI market growth.

Moreover, market players are focusing on developing novel drugs to meet the growing demand for the production of active ingredients. For instance, in July 2022, for its site in Mourenx, the Novasep-PharmaZell Group invested USD 7.3 million as part of a bigger initiative backed by the "France Relance Plan” to increase API and HPAI production capacity. The production of active pharmaceutical ingredients (APIs), notably the extremely potent medicines (HPAPIs) used to treat cancer, will continue to be in high demand, which will support the expansion of the Mourenx site.

Go through the table of content of Active Pharmaceutical Ingredients and High Potency API Industry Data Book to get a better understanding of the Coverage & Scope of the study

Active Pharmaceutical Ingredients and High Potency API Industry Data Book Competitive Landscape

Competitive rivalry in this market is likely to be high due to increasing interest in small molecules and biologics for the treatment of chronic diseases is attracting industry players. These players have adopted strategies such as acquisitions, collaborations, and expansion of manufacturing units to strengthen their position in the market.

Key players operating in the Active Pharmaceutical Ingredients and High Potency API Industry are:

Merck & Co., Inc.
AbbVie, Inc.
Bristol-Myers Squibb Company
Boehringer Ingelheim International GmbH
Cipla, Inc.

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Exploring the Global Bearings Procurement Competitive Landscape

Bearings Category - Procurement Intelligence

The Bearings Market is expected to grow at a CAGR of 9.5% from 2024 to 2030. The Asia Pacific region accounts for the largest overall share with 40% in 2023. China and India have their major contribution to the market growth. Factors such as increasing demand for EVs, growth of the aerospace sector, rising industrialization, infrastructure development, technological innovations, and growing focus on renewable energy are driving the growth. One of the key trends is the increasing demand for electric and hybrid vehicles that utilize the use of developed technology which requires placing additional bearings within it. Additionally, precision bearings, which are utilized in several industrial automation applications, are in higher demand as the Industrial IoT and Industry 4.0 technologies gain traction and drive the need for bearings in industrial automation.

Smart bearings, integrated with a tri-axial accelerometer to gauge the degree of system vibration. It assesses the post-process algorithm to predict the unlikely fault before they occur. This significantly reduces downtime, cost, and breakdown of products, allowing proper timely maintenance and significant changes required in the bearing category. In 2023, EV sales are likely to jump to 6 million as the demand surges, with the rise in the shift towards e-mobility, every component in the vehicle needs to be kept running in sustainability to provide optimum efficiency. Smart bearings offer vital information for anticipating the maintenance of EV parts. Integration of AI and IoT technology helps in monitoring real-time data and enables the customers to monitor the status of bearings at all times. UK-based SMB Bearings Ltd predicts near future adoption of this cutting-edge technology.

Order your copy of the Bearings Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

The bearings category is highly competitive and fragmented, with several local and foreign businesses participating in the industry. To achieve a competitive edge, major players are establishing alliances and partnerships with corporations to automate various processes and ease manual tasks. In 2022, SKF signed the acquisition of Belgium-based Laser Cladding Venture, a company that is into additive manufacturing to support the services and remanufacturing offering of the company. To strengthen their market position and broaden their customer base, market participants are rapidly expanding their services being offered through technological advancements such as the development of ceramic and composite bearings which are capable of providing more durable strength, less wear and tear, and produce less noise due to their property of being able to perform better at high temperatures. To lead in environmental sustainability, industry players are taking various measures to excel in the competition. For instance, in 2021, SKF, a Swedish-bearing company runs its factory at 97% fossil-free and acclaimed to have 100% net zero steel by 2050 in its products.

Sourcing of the category involves procurement of raw materials and category imports from various countries. China accounted for the top exporter of ball bearings with 24% of world exports in 2023. Strategies such as advanced technology, smart bearings, quality standards, and sustainability criteria are allowing companies to lead in the market. Various industrial institutes and organizations, including the Association of Chinese Bearing Industry, have provided recommendations and ideas to advance bearing technology and processing machinery like the use of CNC machining centers, using high-precision machine tools, auxiliary equipment for automatic line connection, and high-speed electric spindles.

List of Key Suppliers in the Bearings Category

Svenska Kullagerfabriken AB
NTN Corporation
Schaeffler Group
NSK Ltd.
The Timken Company
JTEKT Corporation
Robert Bosch GmbH
The Danaher Corporation
GKN plc.
Rexnord corporation

Bearings Procurement Intelligence Report Scope

Bearings Category Growth Rate: CAGR of 9.5% from 2024 to 2030

Pricing Growth Outlook: 10% - 15% (Annually)

Pricing Models: Volume-based pricing model, and Market-based Pricing model

Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence

Supplier Selection Criteria Based upon Bearing Life Cycle, Rotating Equipment Performance, Extreme Environments Resistance, Sensors Utilization, Areas of Application, Software utilized, Number of Production Units, Technical specifications, Operational capabilities, Regulatory standards and mandates, Category innovations, and others

Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends
Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

Analyzing the Plastics Industry Distribution Channel: Key Insights and Trends

Plastics Industry Data Book - Plastic Resins, Plastic Additive, Plastic Compounds and Recycled Plastics Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Plastics Industry was estimated at 307,966.7 kilotones in 2021 and is anticipated to increase at a significant CAGR from 2022 to 2030.

Grand View Research’s plastics industry databook 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.

Plastic Resins Market Insights

The global plastic resin market size was valued at 349,628.9 kilotones in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 3.2% from 2022 to 2030. Rising product demand from the construction, automotive, and electrical and electronics industries is driving market expansion. The rapidly growing global automotive sector is predicted to drive product demand in applications such as under-the-hood components, automobile exteriors, and interiors. The demand for lightweight and economical multi-utility vehicle models with high fuel efficiency and an emphasis on aesthetics and comfort is driving the increased use of resins in the automobile industry.

Asia Pacific plastic resins market is characterized by various manufacturing industry, as a result of the increased emphasis on research and development, combined with favorable government initiatives to attract investments, is likely to result in regional market expansion. China is self-sufficient in plastic production, with an appropriate number of factories and production capacity to meet domestic demand. Furthermore, because of its enormous manufacturing base, China exports a variety of plastics to neighboring countries.

Moreover, over the years, the market has grown rapidly, fueled by diverse industries including as packaging, automotive, construction, electronics, and consumer products. Increased income levels contribute to increased purchase of consumer products, which is predicted to raise demand for plastic resins in China.

Order your copy of the Free Sample of “Plastics Industry Data Book - Plastic Resins, Plastic Additive, Plastic Compounds and Recycled Plastics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Recycled Plastics Market Insights

The global recycled plastics market size was estimated at 50,465.24 kilotones in 2021 and is projected to grow at a CAGR of 3.3% from 2022 to 2030. Increasing plastic consumption in the production of lightweight components which are used in various industries including building & construction, automotive, electrical & electronics, and various other industries are expected to propel the market growth over the forecast period.

The rise in online purchases of electrical & electronics, personal care products and personal protective equipment products such as gloves, face masks, and various products is driving the demand for recycled plastics used in different types of packaging sources.

According to the Verge, the demand for affordable consumer electronic products such as laptops, mobile, modems and various others have increased majorly through e-commerce websites. These rise in demand for consumer electronic have propelled the demand of recycled plastics in electrical & electronics and packaging source which is expected to boost the demand over the forecast period.

The growth of the construction industry in emerging economies such as Brazil, China, India, and Mexico is expected to drive the demand for recycled plastics in the manufacturing of components such as insulation, fixtures, structural lumber, windows, fences, and various others over the forecast period. The growth of recycled plastic in building & construction market can be attributed to increased foreign investment in these countries construction industry, as a result of easing FDI norms and requirements for redevelopment of public and industrial infrastructure.

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

Plastics Industry Data Book Competitive Landscape

The companies in the market compete on the basis of product quality offered and the technology used for the production of plastics. Major players compete on the basis of application development capability and new technologies used in product formulation.

Key players operating in the Plastics Industry are:

BASF SE
SABIC
Dow Inc
DuPont de Nemours, Inc
Evonik Industries

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Who are the Major Players Shaping the Movies and Video Industry Today?

Movies and Video Industry Data Book - Video Production and Video Streaming Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Movies and Video Industry was estimated at USD 159.43 billion in 2022 and is anticipated to increase at a significant CAGR of 28.1% from 2023 to 2030.

Grand View Research’s Movies and Video sector 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.

Video Production Market Insights

The global video production market size was estimated at USD 70.40 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 33.5% from 2023 to 2030. The video production industry has experienced significant growth and transformation in recent years, driven by various technological advancements, changing consumer behavior, and evolving business needs. Online video streaming platforms like Netflix, Amazon Prime, Disney+, and YouTube have grown tremendously. This trend is fueled by increased consumer need for on-demand video content. For instance, Netflix expanded its original content production, investing heavily in creating unique shows and movies to attract subscribers worldwide.

With the proliferation of smartphones, video production has shifted toward formats optimized for mobile viewing. Short-form videos, vertical videos, and live streaming were gaining prominence. Short-form video platforms like TikTok and Instagram reels have gained popularity among users, driving the need for shorter and more engaging video content. For example, TikTok's algorithm-driven content discovery and the success of viral short videos have made it a dominant player in the social media landscape.

Live streaming has become a popular method for content creators, businesses, and influencers to engage with their audience in real time. Platforms like Twitch, Facebook Live, and YouTube Live have grown. For instance, Twitch, a platform primarily focused on live streaming, has grown exponentially, particularly in the gaming and Esports sectors. Brands also use live streaming for product launches and other promotional events.VR and AR are being used for immersive storytelling and marketing campaigns. This trend is especially prominent in the gaming, real estate, and tourism industries.

Global Video Production Market Share, by Genre, 2022 (%)

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Video Streaming Market Insights

The global video streaming market size was estimated at USD 89.03 billion in 2022 and is expected to grow at a CAGR of 21.5% from 2023 to 2030. Innovations such as blockchain technology and Artificial Intelligence (AI) are used to improve video quality. AI is playing an essential role in editing, cinematography, voice-overs, scriptwriting, and several other aspects of video production and upload. These innovations are anticipated to positively influence the market growth.

A rise in technological advancements and service providers poses a threat to the standalone streaming giants in the video streaming market. The streaming television space seems to be the fastest-growing sector for TV service providers to grab revenue share from existing key players such as Netflix. For instance, in July 2019, AT&T Intellectual Property launched a new streaming service called AT&T TV to facilitate people watching television online. In April 2018, Amazon.com, Inc. partnered with Google to bring official YouTube applications to Amazon’s Fire TV. These complementary services for television and other entertainment content are anticipated to threaten the existing key players.

In the education and academic sector, videos can be effectively used in webinars and courses to enhance teaching and learning processes. Visual recordings have a powerful impact on students’ ability to retain information. Therefore, schools, universities, and colleges are now creating multimedia content and delivering it in the form of video presentations. Factors such as easy access to educational video content, growing demand for mobile devices, and increasing availability of the internet are positively influencing the adoption of live video streaming services for educational purposes.

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

Movies and Video Industry Data Book Competitive Landscape

The market players employ several organic and inorganic development tactics, including introducing new products, updating existing products, partnerships, corporate expansions, and acquisitions and mergers.

Key players operating in the Movies and Video Industry are:

The Walt Disney Company
Vivendi SA
Comcast Corporation
Sony Corporation
Viacom Inc.

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