North America Phenolic Resin Market Challenges, Opportunities, Trends And Top Key Players till 2024

August 18, 2021: North America Phenolic Resin Market is expected to reach USD 4.20 billion by 2024 due to increase in applications for construction activities like laminates, wood adhesives and coatings. Phenolic resin are the synthetic polymers that are obtained from aldehydes and phenols. They have better mechanical and thermal stability, exceptional thermal & electrical insulating, excellent fire, smoke and low toxicity to be used for different applications.

North America phenolic resins market is witnessing growth owing to the factors like increasing use of corrosion resistant, heat resistant, and chemical resistant materials required in automobile, increasing need for fire resistant materials in building and construction industry and in thermal insulation products. Moreover, government regulations for building energy efficient buildings is expected to boost North America phenolic resin industry. The market is also driven by increasing demand for phenolic resin in aerospace, mass transit and marine segments.

However, unstable prices of raw materials is negatively affecting North America phenolic resin market. Economies around the world are focusing on the development of sustainable and green products, which allow bio-based products to gain traction and ultimately hamper the market growth. Since resols are widely used as adhesives, binders, and reinforcing agents, Mexico offers better opportunities for the growth.

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North America phenolic resin industry is categorized on the basis of type, application, end user and geography. On the basis of type, the market is divided into novolac phenolic resin, resol phenolic resin and other phenolic resins. Resol phenolic resin segment is predicted to lead North America phenolic resins market due to extensive use in laminates and wood adhesives.

Based on application, North America phenolic resins industry is divided into laminate, wood adhesive, paper impregnation, molding compound, insulation coating and others. Owing to the progress in building & construction industry in Asia Pacific region, wood adhesive segment registers significant growth among others.

In terms of end user, North America phenolic resin market is split into electronics and electrical, transportation, furniture, construction, industrial and others. Owing to wide application, electrical and electronics segment is projected to hold larger market share of phenolic resin.

Geographically, North America phenolic resins industry is segmented as United States, Mexico and Canada. United States is expected to dominate the North America market of phenolic resin owing to the increasing application in industries like automotive, construction and electronics & electrical. The prominent players in North America phenolic resin industry are Arclin, Inc., Ashland, Inc., America Micro Industries, Inc., DIC Corporation, Olympic Panel, Owens Corning, Hardwoods, Inc., Kolon Industries and Hexcel Corporation.

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Market Segment:

North America Phenolic Resins Product Outlook (Volume, Kilo Tons; Revenue USD Million, 2014 - 2024)

    • Resol

    • Novolac

    • Others

North America Phenolic Resins Application Outlook (Volume, Kilo Tons; Revenue USD Million, 2014 - 2024)

    • Impregnation

        • Paper

        • Fabrics (Cotton & Technical Fabrics)

        • Laminates (Glass & Carbon Base Materials)

        • Coatings

        • Filters

        • Gypsum Board

        • Others

    • Wood Adhesives

    • Molding Compounds

    • Abrasives

    • Insulation

    • Rubber

    • Others

North America Phenolic Resins Regional Outlook (Volume, Kilo Tons; Revenue USD Million, 2014 - 2024)

    • U.S.

    • Canada

    • Mexico

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Nanofibers Market Growth Factors, Strategies And Highlights of The Market till 2024

August 18, 2021: Global Nanofibers Market is expected to grow significantly in the forecast period owing to the growing commercialization due to developing end use industries. Nanofibers are materials used for wide range of applications like filtration, medical, barrier, wipes, composite, insulation, personal care, energy storage and garments. Nanofibers possess superior properties like excellent high porosity, and functional flexibility which makes them ideal for large number of applications.

Nanofibers industry is majorly driven by the factors like increasing application in air and liquid filters, developments in nanofibers production technology and growing demand from the electronics segment. Unique and excellent properties of nanofibers make them an ideal compound for multiple applications and hence, the market is witnessing huge investment for further development of nanofibers. However, nanofiber market is projected to face obstructions due to significant cost of nanofibers as compared to other traditional materials.

Moreover, nanofibers industry is expected to witness greater potential opportunities from the commercial and technological applications. The market is also expected to witness opportunities owing to its superior mechanical strength for bulk production.

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Nanofibers market is categorized on the basis of type, technology, industry vertical and geography. Based on product type, the market is divided into polymer nanofibers, glass nanofibers, composite nanofibers, metallic nanofibers, carbon nanofibers and ceramic nanofibers. Polymer nanofibers segment is predicted to lead nanofiber industry owing to its wide application in textile industry.

On the basis of technology, nanofiber market is divided into force spinning, electro spinning, magneto spinning, phase separation, rotary jet spinning, and melt-blown technology. Electro spinning technology is the widely used technology for producing nanofibers on the large scale.

In terms of industry vertical, nanofibers industry is divided into textile, chemicals, power, healthcare, air & water treatment, etc. Healthcare industry is estimated to lead the market of nanofibers owing to its growing applications for therapeutic drugs.

Geographically, nanofibers market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific region is expected to dominate the market of nanofiber owing to increasing demand from various end users.

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The leading players in nanofiber industry are Ahlstrom Corporation, Argonide Corporation, BioMers, Mitsubishi Rayon Co Ltd, C-Polymers GmbH, Donaldson Company, Inc, Catalytic Materials LLC, Carbon NT&F 21, Nanofiber Solutions, Catalyx Nanotech, Inc, Kuraray Co Ltd, Clearbridge Nanomedics, Electrovac AG, EsfilTehno AS, Finetex Technology, Espin Technologies, Inc, Future Carbon GmbH, Grupo Antolin, Johns Manville, Met-Pro Corporation, NanoMas Technologies, Inc. and FibeRio Technology Corporation.

Market Segment:

Global Nanofibers Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • Polymer

    • Carbon

    • Cellulose

    • Composite

    • Metallic

    • Others

Global Nanofibers End-Use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • Electronics

    • Mechanical, chemical, and environmental (MCE)

    • Energy

    • Medical, life science, and pharmaceutical (MLP)

    • Others

Global Nanofibers Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Middle East & Africa

    • Central & South America

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Metal Aerosol Can Market Challenges, Opportunities, Trends And Top Key Players till 2024

August 18, 2021: Global metal aerosol can market is expected to reach USD 3.81 billion by 2024. The metal aerosol can is a storage equipment or container with excellent barrier properties for product integrity. They are exclusively used in several sectors from personal care to food & beverages. The metal aerosol cans market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of metal aerosol can market are rising demand from personal care, food & beverages, and pharmaceutical industry, prevention of leakage and extension of the shelf life of the products, growing urbanization, and growing demand from the consumers as changing lifestyle. However, these cans are prone to explosion when comes in contact with high temperature and fire and availability of alternatives in terms of packaging. These are the factors that may restrain overall market growth in the years to come. Metal aerosol can industry is segmented based on metal, usage, propellants, end user, and region.

Brass, aluminum, stainless steel, steel, and the other metals could be explored in a metal aerosol can in the forecast period. The aluminum sector accounted for the substantial market share of the metal aerosol can and is estimated to continue with its dominance in the years to come. Based on usage, disposable cans and refillable cans could classify metal aerosol can in the forecast period.

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Compressed gases and liquefied gases are the propellants that could be explored in a metal aerosol can in the forecast period. The market could be categorized based on end users like chemical and paint industry, personal care, agriculture, pharmaceutical, food and beverages, and other industries that could be explored in the forecast period. In terms of value and volume, personal care sector accounted for the significant market share of the metal aerosol can and is estimated to lead the overall market in the years to come.

Globally, in terms of volume and revenue, Asia Pacific accounted for the substantial market share of the metal aerosol can and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be increasing industrialization and growing population. North America and Europe are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. The reason could be rising demand from personal care and pharmaceutical industry. However, Europe and Japan are estimated to grow at the moderate pace in the forecast period.

The key players of a metal aerosol cans market are Ardagh Group S.A., Crown Holdings, Inc., TUBEX Holding GmbH, Arnest Group, Nussbaum Matzingen AG, Alltub Italia S.R.L., Perfektup Amb.San.ve Tic.A.S., Plastipak Holdings, Inc., Ball Corporation, and RedalluminioSnc di Redaelli P. e C. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Market Segment:

Application Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)

    • Personal Care

    • Household

    • Others

Regional Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • India

        • Australia

        • Latin America

        • Brazil

    • Middle East & Africa

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Field Programmable Gate Array (FPGA) Market Share, Segments, New Opportunity, Outlook And Top Players till 2024

August 17, 2021: The global field programmable gate array (FPGA) market is expected to value at USD 14.2 billion by 2024. The field programmable gate array industry is subject to witness a substantial growth due to the increasing demand for field programmable gate array (FPGA) in various end-user industries. Applications of the field programmable gate array ranges from military & aerospace to consumer electronics sector, thus propelling market demand for the product in the recent years.

Increasing adoption of field programmable gate array (FPGA) from automotive industry for product differentiation are expected to drive the growth of field programmable gate array market over the forecast period. Globally, the field programmable gate array (FPGA) industry is predicted to grow at higher CAGR the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Growing preference towards field programmable gate array over the application specific integrated circuit (ASIC) owing to its higher reliability that allows manufacture to widen their market reach in different industry verticals such as mixed signal designs and system on chip (SoC).

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FPGA is a type of embedded device that is designed only for a particular application or function. In comparison with application-specific integrated circuit (ASIC), the standard field programmable gate array (FPGA) are faster and provide high level of functionality. Field programmable gate arrays (FPGAs) are non-volatile in nature thus allowing high computation speed and superior operational capability. A field programmable gate array are compact in nature and require less operating power. However, field programmable gate array (FPGA) highly expensive and complex for manufacture and design respectively. These factors are expected to limit market growth to a certain extent.

The FPGA market is broadly categorized into five major segments based on the application type such as consumer electronics sector, automotive sector, industrial sector, data processing industry and military & aerospace sector. The consumer electronics sector is considered as one of the fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of field programmable gate array (FPGA) in the consumer electronics segment is attributed to the growing preference over application specific integrated circuit (ASIC) products. The military & aerospace sector segment has also witnessed substantial growth owing to the increasing demand for high-end technology aerospace sector and modernization of military.

The FPGA industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in consumer electronic sector, increase in the number of research & development activities in the region and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the field programmable gate array market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rapid industrialization, growing manufacturing activities in the region, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the field programmable gate array (FPGA) industry are Maxim Integrated Products Inc., Qualcomm Inc., Altera Co., and Xilinx Inc.

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Market Segment:

FPGA Technology Outlook (Revenue, USD Million; 2014 - 2024)

• SRAM

• EEPROM

• Antifuse

• Flash

• Others (Fuse, EPROM, PROM)

FPGA Application Outlook (Revenue, USD Million; 2014 - 2024)

• Consumer Electronics

• Automotive

• Industrial

• Data Processing

• Military & Aerospace

• Telecom

• Others

FPGA Regional Outlook (Revenue, USD Million; 2014 - 2024)

• North America

• U.S.

• Canada

• Mexico

• Europe

• UK

• Germany

• Asia Pacific

• China

• India

• Japan

• South America

• Brazil

• Middle East & Africa (MEA)

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Automated Dispensing Machines Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2024

August 17, 2021: Global automated dispensing machines market size is anticipated to reach USD 5.5 billion by 2024. Automatic pill dispenser machines are intended to dispense various pills autonomously according to the user-defined time and dose specifications. They support dispensing correct dose and medication, for the patients with composite medication regime and with untimely memory loss.

The factors that propel the growth of the automated dispensing machine market include a rise in incidence and occurrence of diseases, growth of the aged population, surge in the number of medications. On the other hand, there are factors that may hamper the growth of the market including the high installation cost of large automatic pill dispenser machines. Automated dispensing machines industry is anticipated to expand at a significant CAGR of 7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Automated dispensing machines market could be explored by type, operation, application, and geography. The market could be explored by type as Decentralized Automated Dispensing Systems and Centralized Automated Dispensing Systems. The “Centralized automated dispensing systems” segment led the automated dispensing machine industry in 2016 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market includes an increase in acceptance of automatic pill dispenser in hospitals and other health care services for an effective workflow.

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The automated dispensing machine market could be explored based on the operation as Decentralized Pharmacy and Centralized Pharmacy. The key applications that could be explored in the automated dispensing machines industry include Retail Pharmacy, Hospital Pharmacy, and Home Healthcare. The “Hospital Pharmacy” segment led the market of automated dispensing machine in 2017 and is anticipated to maintain its dominance by 2024. The key factors that may be attributed to the growth of market includes an increase in the occurrence of trauma and diseases cases in hospitals.

North America accounted for the major market share of automated dispensing machines in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growth in the prevalence of chronic and infectious diseases, the increase in a pool of the patient population, an increase in government investments for the development of improved healthcare services and R&D. North America is followed by Europe and Asia-Pacific region owing to the attention of key players in the developing economies and developments in healthcare infrastructure.

Some of the key players that fuel the growth of the automated dispensing machine industry comprise Dickinson and Company, Becton, Capsa Healthcare, Cerner Corporation, Omnicell Inc., McKesson Corporation, Baxter International Inc., Swiss log Holdings AG, ScriptPro LLC, Yuyama Co., Ltd. Talyst, Inc., Pearson Medical Technologies, Accu-Chart Plus Healthcare System, Illinois Tool Works, Meditech, Allscripts Healthcare Solutions, Inc., Optum Inc., and Constellation Software Inc. 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:

Application outlook (Market revenue in USD Million, 2013 - 2024)

    • Outpatient

    • In-Patient

End-Use outlook (Market revenue in USD Million, 2013 - 2024)

    • Hospitals

    • Retail drug stores and pharmacies

Operation outlook (Market revenue in USD Million, 2013 - 2024)

    • Centralized pharmacies

    • Decentralized pharmacies

Regional outlook (Market revenue in USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • Japan

        • China

    • Latin America

        • Brazil

        • Mexico

    • Middle East and Africa

        • South Africa

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Radiation Dose Monitoring Market Share, Segments, New Opportunity, Outlook And Top Players till 2025

August 17, 2021: Global Radiation Dose Monitoring Market is anticipated to reach USD 3.9 billion by 2025 owing to benefits offered by automated dose monitoring systems for effectively tracking radiation dose in patient. Radiation dose monitoring is a system that collects, analyzes, controls, and improves the doses administered to patients post medical imaging checkups. It displays patient-related information and offers real-time monitoring of patient’s examination with advanced alert systems based on automatic email notifications and diagnostic reference levels.

Radiation dose monitoring industry is influenced by the rising use of imaging technologies, particularly MRI (magnetic resonance imaging) and CT (computed tomography) scan and positive effect of government regulations for compulsion usage of radiation monitoring systems. Moreover, the benefit of automated monitoring systems that efficiently track patient’s radiation dose exposure is driving the market growth of radiation dose monitoring.

However, radiation dose monitoring market is restrained by the shortage of nuclear medicine facilities in the emerging economies across the globe. Asia Pacific offers lucrative opportunities to radiation dose monitoring industry due to speedy urbanization and upgrades in healthcare infrastructure.

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Radiation dose monitoring market is categorized on the basis of product, modality, end user, and geography. On the basis of product, the market is divided into services and solutions. Solutions segment is expected to lead the market of radiation dose monitoring since integration radiation dose tracking, analytics and monitoring software can easily work in compliance with systems like (PACS) picture archiving and communication system, (RIS) radiology information system and (EHR) electronic medical record.

Based on modality, radiation dose monitoring industry is divided into fluoroscopy and interventional imaging, radiography and mammography, computed tomography, and nuclear medicine. Computed tomography segment registers high growth in radiation dose monitoring market due to the increasing regulations concerning CT dosage at the global scale and growing number of computed tomography examinations.

In terms of end users, radiation dose monitoring industry is split into ambulatory care settings, hospitals, academic medical centers and research institutions. Hospital segment is expected to hold larger market share of radiation dose monitoring owing to the increasing demand for efficient healthcare services by consumers.

Geographically, radiation dose monitoring market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America followed by Europe and Asia Pacific is predicted to dominate the market of radiation dose monitoring owing to developed healthcare IT infrastructure, favorable regulatory compliances, and introduction of novel technologies.

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The key players in radiation dose monitoring industry are Bayer Healthcare AG, Koninklijke Philips N.V., GE Healthcare, Afga-Gevaert N.V., Fujifilm Holdings Corporation, Thermo Fisher Scientific, Spectra AB, Agfa-Gevaert N.V., Landauer, Inc., Bayer AG, PACSHealth, LLC, Koninklijke Philips N.V., GE Healthcare, Fujifilm Holdings Corporation, Thermo Fisher Scientific, QAELUM NV, and INFINITT Healthcare Co. Ltd.

Market Segment:

Component Outlook (Revenue, USD Million; 2014 - 2025)

    • Software

    • Service

Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Radiography

    • Angiography

    • Mammography

    • Fluoroscopy & Interventional Imaging

    • Others

Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Dosimeters

    • Area Process Monitors

    • Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Mexico

        • Brazil

    • MEA

        • South Africa

        • Saudi Arabia

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Physical Vapor Deposition (PVD) Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2024

August 16, 2021: Global Physical Vapor Deposition (PVD) Market is anticipated to grow considerably in the forecast period owing to the increase in need for durable and reliable coatings from the medical equipment from the emerging economies. Physical Vapor Deposition is a set of processes for depositing thin layers of material in few nanometers or numerous micrometers. PVDs perform eco-friendly vacuum deposition techniques that could greatly reduce the amount of toxic elements. Along the entire process, PVD coating offers extremely pure and high performance which make them ideal for multiple applications for electroplating.

PVD industry is influenced by worldwide increase in demand for consumer electronic products like developing IoT devices and portable devices like smartphones, tablets, etc. Moreover, PVD coatings offer excellent decorative finishing that increases its application in multiple areas, encouraging the market growth of physical vapor deposition. PVD coating cutting tools run faster, which reduces cycle time and increases demand for the cutting tools.

However, physical vapor deposition market is restrained by strict regulations regarding the prevalent PVD technologies. The strict laws are also restricting new entrants, which reduces the competition and hampers the market growth. Nevertheless, patent protection is expected to increase the initial investment for newbies that may bring greater opportunities in physical vapor deposition (PVD) industry. Brands like Apple Inc. and Google are initiating tamper proof and water resistant solutions to meet the growing requirement of consumers, which is observed as another trend witnessed in PVD market.

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Physical vapor deposition industry is categorized on the basis of product type, application and geography. On the basis of product type, the market is divided into PVD services, PVD equipment and PVD materials. PVD equipment segment is expected to lead the market of physical vapor deposition owing to the technological innovations.

Based on application, physical vapor deposition (PVD) market is classified into architectural glasses, data storage, microelectronics, medical equipment, cutting tools, solar products and others. Microelectronic segment registers substantial market growth in physical vapor deposition (PVD) owing to increasing application.

Geographically, physical vapor deposition (PVD) industry is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific is anticipated to hold larger market share of physical vapor deposition due to increasing market for microelectronics. Prominent players in physical vapor deposition market comprise Angstrom Engineering and Applied Materials Inc., Aja International Inc., Advanced Energy Industries Inc., Platit Ag, Mustang Vacuum Systems and Veeco Instruments.

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Market Segment:

Global Physical Vapor Deposition Market Category Outlook (Revenue, USD Million; 2013 - 2024)

    • PVD Equipment

    • PVD Materials

    • PVD Services

Global Physical Vapor Deposition Market Application Outlook (Revenue, USD Million; 2013 - 2024)

    • Microelectronics

    • Data Storage

    • Solar Products

    • Cutting tools

    • Medical Equipment

    • Others

Global Physical Vapor Deposition Market Regional Outlook (Revenue, USD Million; 2013 - 2024)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • MEA

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