Monday, June 26, 2023

Medical Plastics Market Future Trends, Key Players and Industry Analysis 2023-2028

 IMARC Group, a leading market research company, has recently releases report titled “Medical Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global medical plastics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the medical plastics market?

The global medical plastics market size reached US$ 25.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 38.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.



What is medical plastics?

Medical plastics are produced using medical-grade polypropylene (PP), hypoallergenic, biocompatible, and polycarbonate materials. They are shatter-proof, chemical, temperature, and corrosion-resistant, non-permeable, and can undergo frequent sterilization cycles. Medical plastics are used explicitly for healthcare applications, such as manufacturing vials, beakers, tamper-proof caps, inhalation masks, intravenous (IV) tubes, bedpans, pill casings, prosthetics, surgical instruments, and catheters. Apart from this, they are used to transport biohazardous materials due to their antimicrobial surfaces, further preventing the spread of pathogens. Silicon, polymer blends, synthetic rubber, high performance, and engineering plastics are some of the commonly available variants in the market.

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https://www.imarcgroup.com/medical-plastics-market/requestsample

Market Trends:

The recent COVID-19 outbreak has significantly increased the demand for single-use medical plastics and consumables across healthcare centers, which represents one of the primary factors driving the market growth. Moreover, the rising investments by governments of several nations to improve the healthcare infrastructure is providing a considerable boost to the market growth. Besides this, the increasing environmental awareness has compelled key players to introduce medical plastics with enhanced biocompatibility, which is bolstering the market growth.

Apart from this, the rising geriatric population, increasing prevalence of cardiovascular diseases (CVDs), and rapidly expanding medical industry are some factors creating a positive outlook for the market.

Competitive Landscape with Key Players:

The competitive landscape of the global medical plastics market has been studied in the report with the detailed profiles of the key players operating in the market.

Major Players Covered: 

  • Arkema SA
  • BASF SE
  • Celanese Corporation
  • Covestro AG
  • Dow Inc
  • DuPont de Nemours Inc
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • SABIC
  • Solvay S.A.
  • The Lubrizol Corporation (Berkshire Hathaway Inc.)
  • Trinseo S.A.

Explore Full Report Description At: https://www.imarcgroup.com/medical-plastics-market

Report Segmentation:

The report has segmented the global medical plastics market on the basis of material, application and region.

Breakup by Material:

  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Engineering Plastics
  • Polyethylene (PE)
  • Polystyrene (PS)
  • Silicones

Breakup by Application:

  • Disposables
  • Drug Delivery Devices
  • Diagnostic Instruments
  • Catheters
  • Surgical Instruments
  • Others

Geographical Analysis:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

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Monday, June 5, 2023

Passenger Cars Market Overview, Growth Analysis and Competitive Landscape Till 2027

IMARC Group, a leading market research company, has recently releases report titled “Passenger Cars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global passenger cars market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the passenger cars market?

The global passenger cars market is expected to exhibit a CAGR of 8.50% during 2022-2027.


Market Outlook: 

Passenger cars refer to motor vehicles designed for the transportation of people with a maximum seating capability of nine, including the driver. They comprise mini vans, sports utility vehicles, motorcycles, electric-powered cars and vehicles, engine scooters, bicycles, vans, light and pickup trucks, etc. Passenger cars rely on lubricating oils to protect against corrosion, wear and tear, low and high-temperature deposits, and oxidation. They assist in covering distances between work, educational institutions, home, shopping and leisure facilities, etc. In addition, passenger cars also offer enhanced mechanics, engines, aerodynamics, performance, autonomous control, and entertainment. 

Market Trends and Growth Drivers: 

The escalating need for advanced driver assistance systems (ADAS), such as driver alertness, night vision, and adaptive cruise control, to avoid accidents is primarily driving the passenger cars market. Besides this, the elevating demand for electric vehicles (EVs), as they do not produce greenhouse gases and harmful emissions, is further augmenting the market growth. Moreover, the extensive research and development (R&D) activities by the leading manufacturers to meet real-time customer conditions and the launch of passenger cars with high ground clearance, sturdy vehicles, and powerful engines are also catalyzing the global market.

In addition, the rising integration of all-EV charging station systems with the internet of things (IoT) and real-time information solutions to provide data about the availability of vacant spots and nearby charging stations is acting as another significant growth-inducing factor. Apart from this, the growing popularity of heavy and luxury vehicles and the increasing number of diesel-operated automobiles are expected to bolster the passenger cars market in the coming years. 

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Passenger Cars Market Competitive Analysis and Segmentation:

The competitive landscape of the passenger cars market has been studied in the report with the detailed profiles of the key players operating in the market.

Passenger Cars Key Companies: 

  • Bayerische Motoren Werke AG,
  • Ford Motor Company
  • General Motors Company
  • Groupe Renault
  • Honda Motor Co. Ltd.
  • Hyundai Motor Company
  • Mercedes-Benz Group AG
  • Tata Motors Limited
  • Tesla Inc.
  • Toyota Motor Corporation
  • Volkswagen AG.

Explore Full Report Description At: https://www.imarcgroup.com/passenger-cars-market

Key Market Segmentation:

The report has segmented the passenger cars market on the basis of type, fuel type, engine capacity, propulsion type, and region.

Breakup by Type:

  • Hatchback
  • Sedan
  • Utility Vehicle 

Breakup by Fuel Type:

  • Gasoline
  • Diesel
  • Others

Breakup by Engine Capacity:

  • < 1000 cc
  • < 1000-1500 cc
  • < 1500-2000 cc
  • >2000 cc 

Breakup by Propulsion Type:

  • IC Engine
  • Electric Vehicle 

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About US:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

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Tuesday, May 23, 2023

Halloumi Cheese Market Demand, Trends, Share and Forecast to 2028

 IMARC Group, a leading market research company, has recently releases report titled “Halloumi Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global halloumi cheese market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the halloumi cheese market?

The global halloumi cheese market size reached US$ 469 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,091 Million by 2028, exhibiting a growth rate (CAGR) of 14.7% during 2023-2028.




Market Outlook:

Halloumi cheese refers to a dairy product obtained by using pasteurized or unpasteurized milk of sheep and goats. It has a semi-hard texture, white color and a tangy or salty flavor. Halloumi cheese is moderately high in protein, fat, zinc, calcium, magnesium, and vitamin A and B. These nutrients help in nerve transmission, muscle building, hormone secretion, weight control, immune function, and bone health. In addition, halloumi cheese has a high melting point, due to which it is usually consumed as a meat-substitute and topping on salads, sandwiches, fries, and grilled goods.

Market Trends:

The escalating demand for halloumi cheese in the global market can be attributed to the rapid establishment of fast-food chains. Additionally, the increasing number of organized retail channels with improved storage facilities are further supporting the market growth. Moreover, the rising prevalence of lifestyle-related diseases has prompted manufacturers to introduce fat-free cheese variants, which is acting as a growth-inducing factor. Aggressive promotional activities adopted by leading players and the rising expenditure capacities of consumers for premium products are creating a positive outlook for the market further.

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Halloumi Cheese Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global halloumi cheese market has been studied in the report with the detailed profiles of the key players operating in the market.

Major Players Covered: 

  • Almarai
    • Arla Foods amba
    • GALAKTOKOMIO A.D.S DAFNI LTD
    • Hadjipieris Ltd
    • Lefkonitziatis
    • NORDEX FOOD A/S
    • Petrou Bros Dairy Products Ltd
    • Sussex High Weald Dairy Ltd
    • WAIMATA CHEESE COMPANY
    • Zita Dairies Ltd

Explore Full Report Description At: https://www.imarcgroup.com/halloumi-cheese-market

Report Market Segmentation:

The report has segmented the global halloumi cheese market on the basis of type, end use, nature and region.

Breakup by Type:

• Flavored
• Unflavored

Breakup by End Use:

• Food Service
• Residential

Breakup by Nature:

• Organic
• Conventional

Geographical Analysis:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=4117&flag=C

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.


Contact US

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Email: sales@imarcgroup.com

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Friday, May 5, 2023

Eucalyptus Essential Oil Market Growth, Demand, Size and Forecast 2022-2027

IMARC Group, a leading market research company, has recently releases report titled “Eucalyptus Essential Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global eucalyptus essential oil market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the eucalyptus essential oil market?

The global eucalyptus essential oil market is expected to exhibit a CAGR of 8.2% during 2022-2027.

Market Outlook:

Eucalyptus essential oil is derived via the steam distillation of Eucalyptus, a diverse genus of flowering trees and shrubs. It primarily acts as a medicine for various commonly occurring diseases and conditions, including cold symptoms, asthma, nasal congestion, etc., and finds remedial applications for arthritis and skin ulcers. Moreover, this oil is often used with a diffuser to obtain aromatherapy benefits, such as relaxation, improved sleep patterns, reduced stress, etc. As a result, eucalyptus essential oil is utilized across several end-use industries, including pharmaceutical, cosmetics, food and beverages, etc.

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Industry Trends and Growth Drivers:

The growing demand for eucalyptus oil in the pharmaceutical industry due to its antimicrobial and antiseptic properties is one of the major factors propelling the Eucalyptus essential oil market. Moreover, it is also being utilized in numerous personal and hair care products to treat itchy scalp and dandruff. Additionally, eucalyptus essential oil is gaining traction in the food and beverage industry as an alternative to artificial flavors and ingredients.

Eucalyptus Essential Oil Market Report


Furthermore, shifting consumer preferences towards organic products, owing to inflating income levels and rising health awareness among individuals, is also escalating the product demand. Apart from this, the increasing product availability across various e-commerce platforms, along with growing internet penetration, is expected to further drive the eucalyptus essential oil market over the forecasted period.

Eucalyptus Essential Oil Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global eucalyptus essential oil market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Ananda Apothecary
  • AOS Products Pvt. Ltd.
  • Augustus Oils Ltd.
  • Biolandes
  • doTERRA International
  • Emu Ridge Eucalyptus
  • Integria Healthcare
  • NHR Organic Oils
  • NOW Foods
  • Young Living Essential Oils (Australasia) PTY LTD.

Key Market Segmentation:

The report has segmented the global eucalyptus essential oil market on the basis of product, application and region.

Breakup by Product:

  • Organic
  • Conventional

Breakup by Application:

  • Pharmaceutical Industry
  • Cosmetic Industry
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=3911&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
Read Newsletter: https://www.linkedin.com/newsletters/industry-news-about-6929400456628637696

Monday, May 1, 2023

How Big is the Cellulose Acetate Market?

According to the latest report by IMARC Group, titled "Cellulose Acetate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global cellulose acetate market size reached 1.9 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 2.4 Million Tons by 2027, exhibiting a growth rate (CAGR) of 3.67% during 2022-2027.

Cellulose acetate is a polymer manufactured by reacting natural cellulose with acetic anhydride and acetic acid in the presence of sulfuric acid (catalyst). It is biodegradable and widely used as a green alternative for plastics in various industries. It is primarily used to produce cigarette filters as it aids in smoke filtration by reducing tar and nicotine. Cellulose acetate also finds applications in photographic films, fashion accessories, tapes, coatings and diapers.

What are the trends in the cellulose acetate industry?

The global cellulose acetate market is primarily driven by the increasing number of smokers and the growing inclination toward bioplastics. Additionally, the rising awareness regarding the adverse effects of prolonged exposure to tobacco smoke has escalated the demand for low tar cigarettes with longer filters, thereby contributing to the market growth. Furthermore, the widespread product adoption in the apparel and textile industry as an affordable silk fiber substitute has catalyzed the market growth. Other factors, including several product innovations, rapid industrialization, and stringent regulations against single-use plastics, are also anticipated to propel the market growth.



Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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Cellulose Acetate Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:                                   

The competitive landscape of the cellulose acetate market has been studied in the report with the detailed profiles of the key players operating in the market.

Cellulose Acetate Market Key Players:

  • Eastman Chemical Company (NYSE: EMN)
  • Solvay (OTCMKTS: SLVYY)
  • Celanese Corporation (NYSE: CE)
  • Daicel Corporation (TYO: 4202)
  • China National Tobacco Corporation
  • Mitsubishi Chemical Holdings
  • Sichuan Push Acetati Co.,Ltd
  • Rayonier Advanced Materials Inc.
  • Sappi Limited

Cellulose Acetate Market Segmentation:

The report has segmented the cellulose acetate market on the basis of application and region.

Breakup by Application:

  • Ciggeraette Filters
  • LCD
  • Yarn
  • Coatings, Plastics and Films
  • Price Analysis

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=1688&flag=C

Key highlights of the report:               

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States

 

Thursday, January 12, 2023

Mammography Market Size to Hit US$ 3.6 Billion by 2027 | with a CAGR of 5.57% | Healthcare Industry Reports

According to the latest report by IMARC Group, titled " Mammography Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global mammography market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Check Out What’s New in the Global Mammography Market:

The global mammography market size reached US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a growth rate (CAGR) of 9.55% during 2022-2027.

Market Trends:

The global mammography market is primarily being driven by the rising prevalence of breast cancer, along with the increasing awareness regarding the early detection of tumors, breast cancer and cysts among the patients. Moreover, various technological advancements, such as the introduction of novel three-dimensional (3D) digital breast tomosynthesis (DBT) technology to detect abnormalities and obtain results with enhanced precision, are providing a thrust to the market growth. Other factors, including the widespread adoption of digital mammography solutions, along with the implementation of various government initiatives to promote public health, are anticipated to drive the market toward growth.

Mammography Market | Healthcare Industry Report


Market Outlook:

Mammography refers to a non-invasive screening technique and standardized diagnostic procedure that uses low-energy X-rays to screen breast tissues. It utilizes digital, analog, film screen, computer-aided and biopsy systems to detect and diagnose irregularities and tumors in the breasts. Mammography exams are safe, non-invasive and cause minimum discomfort to the patients. They produce digital images that indicate the presence of small tumors and also aid in detecting the disease or abnormality at its treatable and earliest stages. As a result, mammography finds extensive applications across hospitals, specialty clinics and diagnostic and ambulatory surgical centers.

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Mammography Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global mammography market has been studied in the report with the detailed profiles of the key players operating in the market.

Mammography Market Key Players:

  • Analogic Corporation
  • Carestream Health (Onex Corporation)
  • Fujifilm Holdings Corporation (OTCMKTS: FUJIY)
  • General Electric Company (NYSE: GE)
  • Hologic Inc. (NASDAQ: HOLX)
  • Konica Minolta Inc.
  • Metaltronica S.p.A.
  • Mindray Medical International Limited
  • Koninklijke Philips N.V.
  • Planmed Oy (Planmeca Oy)
  • Siemens AG

Key Market Segmentation of the Mammography Industry:

The report has segmented the global mammography market on the basis of technology, product and region.

Based on Technology:

  • Breast Tomosynthesis
  • CAD
  • Digital

Based on Product:

  • Film Screen Systems
  • Digital Systems
  • Analog Systems
  • Biopsy Systems
  • 3D Systems

Geographical Analysis:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Make inquiry before purchase of this report: https://www.imarcgroup.com/request?type=report&id=3984&flag=F

Key Highlights of the Report:               

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse More Reports by US:

Demand of Endoscopy Devices

Types of Safety Needles: Exclusive Business Report

Healthcare Staffing Market Overview

Neurological Biomarkers Market Opportunities

About Us                                                                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
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Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
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Tuesday, January 10, 2023

Turbo Expanders Market Size, Share, Industry Demand and Forecast Analysis 2022-2027

 According to the latest report by IMARC Group, titled “Turbo Expanders Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global turbo expanders market size reached US$ 309.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 462.8 Million by 2027, exhibiting a growth rate (CAGR) of 7% during 2022-2027.

Turbo Expanders Market Analysis 


Market Outlook:

Turbo expanders refer to the centrifugal or axial flow turbines using which a high-pressure gas drives a generator or compressor. They are extensively utilized in the gas supply chain, energy recovery, power generation, etc., during natural gas processing and petrochemical applications. Turbo expanders are also employed in industrial processes to produce refrigerants for the liquefaction of various gases, such as nitrogen, oxygen, helium, etc. Furthermore, these turbines can be incorporated with different computer-aided tools, including finite-element analyses (FEA), computational fluid dynamics (CFD), computer numerical control (CNC) machining, etc., to offer enhanced design and various key features, such as compressor stage, maximized efficiency, improved reliability, etc.

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The widespread utilization of these systems in oil and gas facilities for dew-point control (DPC), pressure let-down, nitrogen rejection, fluid catalytic cracking (FCC), etc., is a primary factor catalyzing the turbo expanders market. In line with this, the increasing application of these turbines to optimize power generation efficiency and potential and remove ethane and heavy hydrocarbons, including gasoline blends, from natural gas to facilitate the production of natural gas liquids (NGL) is further augmenting the global market. Moreover, the rising energy requirements in offshore oil production sites are also propelling the product demand.

Apart from this, numerous leading manufacturers are adopting sophisticated techniques to develop modern multilink turbo expanders that can adjust inlet guide vanes (IGVs) for precision flow control and minimal actuating forces. This is expected to fuel the turbo expanders market in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. 

Competitive Landscape with Key Players:

  • Air Products & Chemicals.Inc
  • Atlas Copco
  • Baker Hughes Company (General Electric Company)
  • Blair Engineering
  • Elliott Group (Ebara Corporation)
  • HangZhou Oxygen Plant Group
  • LA Turbine (Chart Industries Inc.)
  • PBS Group a. s.
  • R&D Dynamics Corporation
  • Sichuan Air Separation Plant (Group) Co. Ltd.
  • Suzhou Sida Cryogenic Equipment Co. Ltd.
  • Turbogaz

Key Highlights of the Market Segmentation:

Based on Loading Devices:

  • Compressor
  • Generator
  • Hydraulic Brake

Based on Application:

  • Hydrocarbon Turboexpanders
  • Air Separation Turboexpanders
  • Others

Based on End Use Industry:

  • Oil and Gas
  • Power Generation
  • Energy Recovery
  • Others

Geographical Analysis:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Get in Touch with our Expert Team for Inquire or Further Information: https://www.imarcgroup.com/request?type=report&id=4416&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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