Thursday, July 1, 2021

Bariatric Surgery Devices Market Key Players Analysis, Segmentation And Forecast Report till 2022

July 02, 2021: Bariatric Surgery Devices Market is anticipated to reach 2.8 billion by 2022. It is anticipated to grow at a healthy rate in the years to come. Bariatric surgery is mostly used to decrease body weight. Bariatric surgery implies the treatment of comorbid condition, which is related with morbid fatness. Obesity is one of the utmost threatening and prevalent health disorders has increased alertness about bariatric devices and surgery.

The demand for bariatric surgery devices has witnessed a substantial rise due to advantages such as rising preference for less-invasive bariatric operations. In addition, the increasing spending on weight loss actions has helped the sales of bariatric surgery devices at the distinct level. Regional government enterprises are also prompting the development of the bariatric surgery devices market.

On the other hand, the factors that may hamper the growth of the Bariatric Surgery Devices Market include high cost of surgeries, lower disposable income developing economies, lack of awareness in the emerging countries. The market is anticipated to grow at the significant CAGR of 10.15% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market may be explored by procedure, type, end users, and geography. It may be explored by type as Energy/Vessel Sealing Devices, Minimally Invasive Surgical Devices, Stapling Devices, Suturing Devices, Non-invasive Surgical Accessories, and Devices. In 2018 the largest market share was dominated by “minimally invasive surgical devices” in the global Market. The facts that attribute to the huge development in this segment can be ascribed to the growing obesity rates and the growing preference for nominally invasive procedures.

Bariatric Surgery Devices Market may be explored by procedure as Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, Revision Bariatric Surgery Adjustable Gastric Banding, Sleeve Gastrectomy, Non-invasive Bariatric Surgery, and Mini-gastric Bypass. The “sleeve gastrectomy” section dominated the blood screening market in 2017 and is anticipated to maintain its dominance by 2022 due to facts such as advantages of effectiveness, affordability, and sleeve gastrectomy protection, and partial complications as associated to other bariatric methods.

Bariatric Surgery Devices Market may be explored by end users as surgical centers, hospital & clinics, and others. North America accounted for the major share of the global Market Size Analysis in 2016 and will continue to lead in the forecast period due to factors such as increase in the several bariatric surgeries and constantly increasing obese population, increase government supported research and funding activities undertaken by the manufacturing companies in North America region, followed by Europe.

Some of the key players that fuel the growth of the Bariatric Surgery Devices Industry comprise Medtronic, Ethicon, Intuitive Surgical, Cousin Biotech, Apollo Endo-surgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, Mediflex Surgical Products, Spatz Fgia. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:


Procedure Outlook (Revenue, USD Million, 2012 - 2022)

    • Adjustable Gastric Band (AGB)

    • Vertical Sleeve Gastrectomy (VSG)

    • Roux-en-Y Gastric Bypass (RYGB)

    • Biliopancreatic Diversion with a Duodenal Switch (BPD-DS)


Regional Outlook (Revenue, USD Million, 2012 - 2022)

    • North America

        • U.S. and Canada

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • Japan

        • China

        • India

    • Latin America

        • Brazil

        • Mexico

    • MEA

        • South Africa


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Acrylonitrile Butadiene Styrene Market Opportunities, Challenges, Strategies And Forecast Report till 2022

July 02, 2021: The global acrylonitrile butadiene styrene market size is expected to value at USD 34.88 billion by 2022. The market is subject to witness a substantial growth due to the increasing need in automotive sector for light weight automobile parts and construction sector. Rising adoption of the acrylonitrile butadiene styrene in industry goods, various equipment, automobile ancillaries, and construction instruments to achieve lightweight and high tensile strength, is significantly contributing to market growth over the forecast period.

Growing importance to light-weight automobile parts to limit carbon dioxide emission rate. Ever increasing greenhouse gas emission as per the International Energy Agency (IEA) is a key driving factor for growth of the acrylonitrile butadiene styrene market. Furthermore, numerous advantages associated with the adoption of the lightweight parts in the automotive industry, is propelling expansion of the market in recent years. Globally, the market is predicted to grow at CAGR of 7.1% in forecast period, providing numerous opportunity for market players to invest for research and development in the acrylonitrile butadiene styrene market.

Substantial growth of the automotive sector in the various region across the globe is likely to spur market demand of the acrylonitrile butadiene styrene. Rising purchases of commercial vehicle, public transport systems, and motorbikes are some of the key areas to promote adoption of the acrylonitrile butadiene styrene in coming years. Applications of the acrylonitrile butadiene styrene (ABS) involves production of the interior automobile parts similar to trims, main console, inside grating, liners on the headlights, and side view mirrors. Increasing sales of automotive vehicles is expected to have a positive impact the expansion of the acrylonitrile butadiene styrene market.

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The use of the acrylonitrile butadiene styrene (ABS) in construction sector involves manufacturing of vacuum pumps and pipes, and differential fitting instruments, majorly due to superior mechanical strength and lightweight. Production for large equipment for the storage of the waste materials with the use of the acrylonitrile butadiene styrene (ABS) provides better corrosion resistance and more durability in comparison with the conventional products such as PVC. Such properties associated with the acrylonitrile butadiene styrene (ABS) are likely to augment market growth during the forecast period. Though, rising use of the styrene butadiene rubber (SBR) is likely to limit growth of the acrylonitrile butadiene styrene market in upcoming years. Styrene butadiene rubber (SBR) is largely used in the production of tires and various automobile parts due to its high abrasion resistance, is significantly hamper growth of the market.

Acrylonitrile Butadiene Styrene (ABS) is considered as a terpolymer that signifies for a polymer derived from three distinct monomers. The use of three distinct monomers include acrylonitrile, butadiene, and styrene in different proportions as per prescribed. Each of monomers consists of the unique property passed onto the acrylonitrile butadiene styrene such as chemical and thermal stability, high tensile strength, attractive finishing. The modification in the proportion of each of the material used for the formation of acrylonitrile butadiene styrene (ABS) drastically changes the physical functionality of ABS.

The key benefit associated with the use of the ABS is that it blends the toughness and stiffness of acrylonitrile and styrene polymers coupled with the flexibility of the polybutadiene material. Also, acrylonitrile butadiene styrene is highly resilient against biochemical degradation by alkaline or acidic agents.

The acrylonitrile butadiene styrene market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rising vehicle manufacturing and presence of prominent industry players in the region. Asia-Pacific region is predicted to hold major market share in the market with massive growth in forecast period. Countries such as India and China are leading the Asia-Pacific market with growing demand from rising construction, growing personal expenditure, and significant spending of government agencies on infrastructure.

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The key players in the acrylonitrile butadiene styrene industry are LG Chemicals Industries, Asahi Kasei Inc., Chi Mei Co., Formosa Plastics, Kumho Petrochemical Co., Ltd., Saudi Basic Industries Corporation, BASF Co., and DuPont.


Market Segment:


Acrylonitrile Butadiene Styrene Application Outlook (Volume Kilotons, Revenue, USD Million, 2012 - 2022)

    • Appliances

    • Automotive

    • Consumer Goods

    • Construction

    • Electrical And Electronics

    • Others


Acrylonitrile Butadiene Styrene Regional Outlook (Volume Kilotons, Revenue, USD Million, 2012 - 2022)

    • North America

        • U.S.

    • Europe

        • Germany

        • Italy

    • China

    • Rest of Asia Pacific

        • Japan

        • India

        • South Korea

        • Taiwan

    • Rest of The World


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Wednesday, June 30, 2021

Cancer Stem Cells Market Challenges, Opportunities, Trends And Top Key Players till 2025

July 01, 2021: Global Cancer Stem Cells Market is anticipated to reach USD 1.6 billion by 2025. The market is anticipated to witness a healthy growth rate in the years to come. Cancer stem cells (CSCs) imply immortal and rare cells within a tumor that can both - self-renew and differentiate into several cell types that form the tumor mass. In addition, the growth of Cancer Stem Cells is controlled through numerous signaling pathways, which control the existence and propagation of these cells. Currently, a number of enterprises are proceeding toward exploration of exact targets that can be used to selectively remove cancer stem cells; thereby causing therapeutic benefits to patients suffering from many forms of cancers.

On the other hand, factors that may hamper the market growth include high costs of cancer stem cell therapeutics. The market is anticipated to grow at a significant CAGR of 9.98% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Cancer stem cells industry may be explored by mode of action, forms, and geography. The market may be explored by mode of action as Targeted Cancerous Stem Cells (CSCs). By Anti-Cancer Stem Cell Therapeutics the cancer stem cells market could span Pathway Inhibitors (Notch Signaling Pathway, WNT Signaling Pathway, Hedgehog Signaling Pathway, Others), Immuno-evasion & Targeting Tumor Microenvironment, Surface Marker-based, Nanoparticle-based Therapies, and Others). By-Products, the market spans Cell Separation, Cell Culturing, Molecular Analysis, Cell Analysis, and Others)), and by Stem Cell-based Cancer Therapy the cancer stem cells industry spans Allogeneic Stem Cell Transplant and Autologous Stem Cell Transplant.

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Cancer stem cells market may be explored by Forms as Liver Cancer, Blood Cancer, Pancreatic Cancer, Colorectal Cancer, Brain Cancer, Bladder Cancer, Lung Cancer, Breast Cancer, and Other Cancer. The Breast cancer segment dominated the market in the cancer stem cells industry in 2016 and is anticipated to maintain its dominance till 2025. Breast cancer accounted forthe highest share in 2016. North America accounted for the major share of the global Cancer Stem Cells market Size Analysis in 2016 and will continue to rule the roost in the forecast period. North America was followed by Asia-Pacific.

Some of the key players that fuel the growth of the cancer stem cells industry include Bionomics; AbbVie, Inc.; Stemline Therapeutics, Inc.; Merck KGaA; Lonza; BIOTIME, INC, MiltenyiBiotec; MacroGenics, Inc.; Irvine Scientific; Thermo Fisher Scientific, Inc.; OncoMed Pharmaceuticals, Inc.; Sino Biological Inc.; STEMCELL Technologies Inc.; and PromoCell GmbH. The leading companies are entering into partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:


Cancer Stem Cells Mode of Action Outlook (Revenue, USD Million, 2014 - 2025)

    • Targeted Cancerous Stem Cells (CSCs)

        • By Anti-Cancer Stem Cell Therapeutics

            • Pathway Inhibitors

                • WNT Signaling Pathway

                • Hedgehog Signaling Pathway

                • Notch Signaling Pathway

                • Others

            • Surface Marker-based

            • Immuno-evasion & Targeting Tumor Microenvironment

            • Nanoparticle-based Therapies

            • Others

        • By Products

            • Cell Culturing

            • Cell Separation

            • Cell Analysis

            • Molecular Analysis

            • Others

    • Stem Cell-based Cancer Therapy

        • Autologous Stem Cell Transplant

        • Allogeneic Stem Cell Transplant


Cancer Stem Cells Cancer Forms Outlook (Revenue, USD Million, 2014 - 2025)

    • Breast Cancer

    • Blood Cancer

    • Lung Cancer

    • Brain Cancer

    • Colorectal Cancer

    • Pancreatic Cancer

    • Bladder Cancer

    • Liver Cancer

    • Other Cancer


Cancer Stem Cells Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa

        • South Africa


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Biostimulants Market Key Competitors And Growth Forecast Analysis Report till 2025

July 01, 2021: Biostimulants Market is anticipated to reach USD 4.14 billion by 2025. Biostimulants imply biologically produced fertilizers that are used to stimulate plant productivity and development. They are also used for nourishment of agricultural products. From seed germination to plant maturity biostimulants boost the plant growth and development. These nourishments help in facilitating nutrient assimilation, translocation, and improve soil productiveness mostly by stimulating the growth of interdependent soil microorganisms.

In addition, the factors that drive the growth of the market include rapid development in the Biostimulants industry, expansion of the organic food industry, benefits such as enhanced agricultural productivity and yield, increasing support from the government. On the other hand, in developing countries, lower awareness rate among the farmers, and high R&D cost will hamper the biostimulants market growth in the forecast period and it is anticipated to grow at a significant CAGR of 10.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Biostimulants industry may be explored as peractive ingredients, applications, Form, crop type, and geography. The market may be explored by active ingredient as Seaweed extracts, Humic substances (humic acid and fulvic acid), Microbial amendments, Vitamins & amino acids, Trace minerals and Other ingredients & additives (polysaccharides, antioxidants soil conditioners, enzymes, and wetting agents). The Acid-based Biostimulants segment is dominating the segment of active ingredients in the Biostimulants Market in 2016. They stimulate flowering, fruit setting, fruit development, pollination in the plant.

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The industry may be explored by Application as Seed treatment Foliar treatment, and Soil treatment. The foliar segment is dominating the segment application in the biostimulants industry in 2016. Seed treatment is anticipated to exhibit the highest CAGR of 12.3% over the forecast period.  Biostimulants Market may be explored by form as Dry and Liquid. The market may be explored by Crop Type as Turfs & ornamentals, Row crops (cereals, oilseeds, and pulses), Fruits & vegetables, and Other crops (plantation crops, forage grasses, fiber crops, and hydroponics). Row crops and cereals are dominating the “Crop” type in the market. These crops are grown extensively across the globe in huge areas and offer profitable development opportunities for the industry in the forecast period.

Europe accounted for the major share of the global market size analysis in 2016 and will continue to rule the roost in the forecast period. The region is estimated to continue to be a foremost user over the forthcoming period. This inclination is anticipated to stay put in the upcoming period due to the supportive rules to increase production of organic foods are anticipated to upsurge the application of Biostimulants. However, slow development of the farming sector in Western Europe is expected to be a limiting factor for the market. Additionally, the presence of biofertilizers is estimated to pose a substitute threat over the forthcoming period. Europe is followed by Asia-Pacific region in the forecast period.

Some of the key players that fuel the growth of the biostimulants industry include Biolchim S.p.A., BASF SE, Koppert B.V., Italpollina S.p.A., Biostadt India Limited, Platform Specialty Product Corporation, Novozymes A/S, Isagro S.p.A., Valagro S.p.A., and Sapec Group. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:


Biostimulants Active Ingredient Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 - 2025)

    • Acid Based

    • Seaweed Extracts

    • Microbial

    • Others


Biostimulants Crop Type Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 - 2025)

    • Row Crops & Cereals

    • Fruits & Vegetables

    • Turf & Ornamentals

    • Others


Biostimulants Application Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 - 2025)

    • Foliar

    • Seed

    • Soil


Biostimulants Regional Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • U.K.

        • Germany

        • Italy

    • Asia Pacific

        • China

        • India

        • Japan

        • Australia

    • Central & South America

        • Brazil

    • Middle East & Africa


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Automotive Interior Ambient Lighting Market Challenges, Opportunities, Trends And Top Key Players till 2025

July 01, 2021: Global Automotive Interior Ambient Lighting Market size is expected to reach USD 4.59 billion by 2025. Automotive interior ambient lighting is extensively used for drivers’ safety as it ensures effective visibility of dashboard and is used by the automotive manufacturers as a tool of product differentiation. The adoption of interior ambient lighting in automobiles is anticipated to increase due to growing awareness regarding energy-efficient lighting systems and increasing sales of luxury vehicles equipped with infotainment and navigation systems. The market size is expected to record a CAGR of 7.2% in the upcoming period.

Automotive interior ambient lighting is one of the most important parts of vehicles that is gaining popularity among the vehicle manufacturers. Moreover, new product developments and constant innovations in the lighting systems are the major factors driving the growth of market in the next couple of years.

Applications such as foot well, dashboard, doors, center console, and others could be explored in automotive interior ambient lighting industry. The “dashboard” segment is anticipated to witness the highest market share during the forecast period due to increasing sales of ultra-luxurious vehicles and increasing installation of ambient lighting. The market size based on vehicle type is classified into green cars and conventional cars. The “conventional cars” segment is expected to hold the largest market share in the upcoming period. Conventional cars include passenger cars or road vehicles such as luxury cars, vans, sedans and SUVs, which are manufactured for transporting passengers and designed to seat more than five individuals.

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The factors that play an important role in the growth of automotive interior ambient lighting market include increasing demand, growing population, increasing urbanization & industrialization, improving advancements in the automotive industry, growing demand for luxury vehicles, rising installation rate of ambient lighting, increasing demand for LEDs in cars, growing automotive industry, technological advancements, and stringent government rules & regulations. Moreover, increasing awareness about energy-efficient lighting systems, growing customer inclination toward safety & comfort features and technological advancements in automotive interior lighting technology are further driving the demand for ambient lighting in the automotive industry.

However, high costs of OE integration and fluctuating prices of raw materials are negatively impacting the growth of automotive interior ambient lighting industry. The probable stakeholders for market include ambient lighting manufacturers, original equipment manufacturers (OEM), and lighting source providers.

The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on type, application, technology, fuel vehicle and geography. The market is classified into fuel vehicle such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicle (HEVs). PHEVs combine diesel or gasoline engine with an electric motor and a large rechargeable battery. They use electricity for cover longer distances and operation. Battery electric vehicles (BEVs) use chemical energy harnessed from rechargeable battery packs and have no internal energy combustion engines. They are easy to maintain and are eco-friendly.

North America held the highest market share in 2016 and is expected to hold the largest market share in the years to come due to increasing luxury vehicle sales and incorporation of ambient lighting in all premium and mid-segment vehicles. On the other hand, Asia Pacific is projected to grow at a high CAGR in the coming years owing to the increasing presence of large number of vehicle manufactures and growing demand for luxury vehicles.

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The key players contributing to the robust development of the automotive interior ambient lighting market include OSRAM GmbH, SCHOTT AG, HellaKGaAHueck & Co., DRÄXLMAIER Group, Koita Manufacturing Co. Ltd., GE Lighting, General Electric, Federal-Mogul Corporation, Ford Motor Company, MagnetiMarelli S.p.A, Zizala, Robert Bosch GmbH, Stanley Electric Co. Ltd., Hyundai Motor Company, Mahindra & Mahindra Ltd, Ichikoh Industries, Valeo S.A., Toyota Motor Corporation and GrupoAntol in. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.


Market Segment:


Automotive Interior Ambient Lighting Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Dashboard

    • Footwell

    • Doors

    • Others


Automotive Interior Ambient Lighting Vehicle Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Conventional cars

    • Green cars


Automotive Interior Ambient Lighting Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Mexico

        • Canada

    • Europe

        • U.K.

        • Germany

    • Asia Pacific

        • India

        • China

        • Japan

    • South America

        • Brazil


Get in touch

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Tuesday, June 29, 2021

Structural Core Materials Market Key Players Analysis, Segmentation And Forecast Report till 2025

June 30, 2021: The global Structural Core Materials Market is expected to reach USD 2.80 billion by 2025 The structural core materials are combined into composite materials, which are used extensively in construction, civil infrastructure, aircraft, automotive, corrosion-resistant equipment industries and military. The composite material is manufactured by mixing two or more materials that possess unique properties. These composites are categorized into two: sandwich panels and laminates. A Laminate Panel is kind of factory-made timber made from wood veneer or thin sheets of substrates which is comparable to the extensively used plywood. The structural core materials market is expected to grow at a substantial CAGR of 5.9% in the forecast period due to the growth in demand of structural core materials in the wind energy sector.

Core is a layer that is sparse but is strongly filled with material between two faces in a structural composite. The core maintains the thin skin or faces in their respective positions by avoiding them from folding or colliding outward or inward. The stiffness of structural composite is based on the thickness of the used core. The materials which can be combined into structural core are carbon, aluminum, and paper. Some of the structural cores that are easily accessible from the market are foam, honeycomb, and balsa. The honeycomb is the most common type after foam and balsa. The honeycomb is available in the forms like nomex honeycomb, thermoplastic honeycomb, and aluminum honeycomb. Other types of foams comprise PVC foam, polyurethane foam, polystyrene foam, and polymethyl metacrylamide foam.

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A perfect structural core material include qualities like stiffness, light in weight, thermal transfer or insulation, strength, and dampening of vibration or noise. The type of structural core material is determined according to the application nature. It is then integrated into the structural composite. Structural core materials are used in the manufacturing of air bags in automobiles, safety gears like bulletproof jackets, the electronic circuit boards, communication antenna, rocket components, aircraft and missiles. Different industries are lately becoming aware of the structural core materials and are accepting them over solid laminates. The growing composite uses in the aerospace sector along with the increasing popularity of PET foams across various end users are predicted to boost structural core materials market growth in the coming years.

The structural core material market is categorized on the grounds of product type, outer skin type, and by end-use industry. On the grounds of type, the market is divided into foam, Balsa and honeycomb. On the grounds of outer skin type, the market is divided into GFRP, CFRP, NFRP, and others. On the grounds of end-use industry, the market is divided into Aerospace, Wind Energy, Marine, Transportation, Construction, etc.

North America employs a wide number of structural core materials in the aerospace businesses. Some leading economies in Asia Pacific manufacture automobiles and the spare parts. Hence, this market is expected to grow with a consistent speed in the coming years. Also the well-established marine industry in China is forecasted to dominate the market largely from Asia Pacific. Europe is also predicted to contribute to the growth of structural core material industry due to the extensive demand from the end user sectors like aerospace, automotive, and defense equipment. Middle East and Africa hold large presence of the electronics and automotive industries which is estimated to boost the structural core materials industry

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Some of the key market players profiled in the article are Schweiter Technologies, Diab Group, Hexcel Corporation, Euro Composites, Evonik Industries Gurit Holding, Changzhou Tiansheng New Materials Co. Ltd., The Gill Corporation, Plascore Incorporated, and Armacell International,.


Market Segment:


Structural Core Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Foam

    • Balsa

    • Honeycomb


Structural Core Materials Skin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • GFRP

    • CFRP

    • NFRP

    • Others


Structural Core Materials End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Aerospace

    • Automotive

    • Wind energy

    • Marine

    • Construction

    • Others


Structural Core Materials Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • U.K.

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia


Get in touch

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Rolling Stock Market Growth Factors, Strategies And Highlights of The Market till 2025

June 30, 2021: Global Rolling Stock Market size is expected to reach USD 75.12 billion by 2025. Rolling stock is the wheeled vehicles that are used on a railway. It is commonly used for transportation of passengers as well as goods such as conventional fuels, agricultural products, heavy machinery and construction materials. It has facilitated easy transportation with some benefits such as reliability, cost-effectiveness and comfort. Need for reduced traffic, reliability and cost efficiency has increased the adoption of rolling stock for transportation of goods, passengers and animals. The rolling stock market to witnesses a CAGR of 4% in the forecast period.

In rolling stock, some locomotive technologies are used such as conventional locomotive, turbocharge locomotive, maglev, and others. The “turbocharge locomotive” segment is projected to grow at the higher CAGR in the coming years. Numerous companies are implementing turbocharger technology in locomotives used for public transport. Rolling stock could be explored by product such as rapid transit vehicle, locomotive, wagon, subway/metro vehicle, passenger coach, light rail/ tram car, and others. The “rapid transit vehicle” segment is anticipated to witness strong growth in the next couple of years owing to high speed and enhanced comfort offered by these vehicles. Moreover, increasing demand for magnetic levitation trains and automated trains for public transportation is expected to boost the market growth in the next couple of years.

Train types such as rail freight and passenger rail could be explored in rolling stock industry. The demand for passenger rails is constantly increasing globally. Moreover, passenger rails are mass transit systems and more cost-effective than roadways. Metros, trams and high-speed trains are the most preferred passenger rails due to their faster transportation service.

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The factors that play an important role in the growth of market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for public transport, increasing need for energy-efficient transport, rising demand for rail vehicles such as local trains, trams & passenger rails, technological advancement and stringent government rules & regulations. The other factors include improvement of rail tracks, enhancements to the existing rail management systems, building new lanes, technological development of rail control and signaling services.

Moreover, growing rail supply market in the rail infrastructure projects and governments are heavily investing in the rail infrastructure projects like signaling, electrifying of tracks & urban transit systems in developing countries are major factors driving the growth of market in the next couple of years. However, high installation and maintenance cost of rolling stock is negatively impacting the growth of rolling stock industry.

The probable stakeholders for market include manufacturers of rolling stock, dealers & distributors of rolling stock, investment firms, equity research firms, private equity firms and industry associations. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is classified into product, type, train type, locomotive technology and geography.

The market is classified by type such as diesel and electric. The “electric vehicles” sector is expected to hold the large market share in the upcoming period due to its benefits such as reduced pollution and enhanced efficiency of vehicles. Electric trains are eco-friendly and emit 20%-30% less carbon monoxide as compared to diesel trains.

Asia Pacific is projected to grow at the higher CAGR in the upcoming period owing to the increasing adoption of rail vehicles for transporting goods and passengers. Also, the growing investments in electric and metro trains in developing countries such as India, Taiwan and China which fuels the growth of market in this region. Middle East & Africa (MEA) is expected to be the fastest growing region in the years to come due to the rising applications of rolling stock in the oil & gas and mining industries for transportation of goods.

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The key players contributing to the robust development of the rolling stock industry includes CRRC Corporation Limited, Alstom Transport, Bombardier Transportation, Alstom SA, Trinity Rail Group LLC, GE Transportation, Diesel Locomotive Works (DLW), Stadler Rail AG, Siemens Mobility, Japan Transport Engineering Company, Downer Rail, Faiveley Transport, General Electric Company, UGL Rail, The Greenbrier Co., Texmaco Rail and Engineering, Hitachi Rail Systems, and Hyundai Rotem. The major market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.


Market Segment:


Rolling Stock Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Locomotive

    • Rapid Transit Vehicle

    • Wagon


Rolling Stock Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Diesel

    • Electric


Rolling Stock Train Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Rail Freight

    • Passenger Rail


Rolling Stock Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • U.K.

        • Germany

        • Russia

    • Asia Pacific

        • China

        • Japan

        • India

    • South America

        • Brazil

    • Middle East & Africa


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