Day: October 7, 2024

Westford, USA, Oct. 07, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global activated carbon market will reach a value of $13.87 Billion by 2031, with a CAGR of 9.3% during the forecast period (2024-2031). The activated carbon market has been witnessing remarkable growth owing to its escalating applications in air purification, water treatment, and several industrial processes. The leading drivers of the global market comprise rising concerns regarding water quality, growing environmental regulations, and the progress of the food and healthcare industries. Overall, the market is poised for continued growth supported by growing awareness of health standards and environmental issues.

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Activated Carbon Market Overview:

Browse in-depth TOC on the “Activated Carbon Market” Pages – 197, Tables – 95, Figures – 76

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Powdered Segment to Hold Notable Market Share Owing to its Versatility and Effectiveness

By type, the powdered segment led the activated carbon market with maximum share and will continue dominance over the forecast period owing to its effectiveness and versatility. PAC or powdered activated carbon is commonly used in air purification, water treatment, and food industry due to its quick absorption qualities and high surface area. Also, it can be easily used, mainly to remove pollutants, thus increasing its preference in broader applications. Moreover, the growing demand for strict ecological regulations and clean water is considerably impacting the adoption of powdered activated carbons.

However, the granular segment is the fastest-growing segment observed in the activated carbon market owing to its efficiency in continuous flow applications, mainly in air purification and water treatment. Precisely, GAC is largely preferred due to its larger particle size, durability, and low pressure drop, which increases its application in fixed-bed systems. Also, it can be easily reused and regenerated, which improves its cost-effectiveness, hence, the segment’s growth.

Mounting Demand for Safe and Clean Drinking Water to Fuel Water and Wastewater Treatment Segment

By end use, the water and wastewater treatment segment are projected to lead the market owing to the rising demand for safe and clean drinking water, supported by the ever-increasing population and rising urbanization. Activated carbon is prominent for its effectiveness at removing contaminants and odors, increasing its significance in industrial and municipal water treatment processes. Furthermore, the capability of activated carbons in eliminating the progressing pollutants in personal care and pharmaceutical products increases its role in water treatment.

Nonetheless, the automotive segment is observed to be the fastest-growing owing to its increased focus on improvement of air quality and emission control. Activated carbon holds key applications in air filters in vehicle cabins and fuel vapor recovery systems to eliminate unsafe pollutants and gases. This improves environmental compliance and passenger comfort. Moreover, inclination towards electric vehicles which demands reliable air filtration solutions impacts the segment’s growth.

Remarkable Industrial Growth and Urbanization to Drive the Market in Asia-Pacific

Asia-Pacific held a larger share of the market owing to heavy industrial growth and growing urbanization. Speedy industrialization in key developing nations like India and China is fueling the need for activated carbon in diverse manufacturing processes, water treatment, and air purification. Ever-growing urban population increases the demand for clean air and water, triggering investments in ecological technologies that use activated carbon.

North America is the fastest-growing region and is projected to lead the market over the forecast period owing to the strong regulatory environment and availability of advanced technology. Strict environmental standards and regulations for water and air quality considerably fuel the need for activated carbon in different applications. Moreover, North America is the center for several innovations and advanced technologies which improve its efficiency and effectiveness.

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Activated Carbon Market Insight

Drivers:

1. Strict Environmental Regulations About Water and Air Quality
2. Growing Demand for Clean Water
3. Mounting Applications in Healthcare Industry

Restraints:

1. Significant Production Costs of Activated Carbon
2. Wide Availability of Substitutes
3. Low Awareness in Developing Nations

Prominent Players in Activated Carbon Market

1. Osaka Gas Chemicals Co., Ltd.
2. Silcarbon Aktivkohle GmbH
3. Calgon Carbon Corporation
4. Cabot Corporation
5. Kuraray Co., Ltd.
6. Donau Carbon GmbH
7. Kureha Corporation
8. ADA-ES, Inc.
9. Carbon Activated Corporation
10. Haycarb PLC

 Key Questions Answered in Global Activated Carbon Market Report

• What is the growth rate and size of the Activated Carbon Market, according to SkyQuest Technology?
• What are the main trends and advancements reshaping the Activated Carbon Market?
• What are the key opportunities observed in the Activated Carbon Market?

This report provides the following insights:

Analysis of key drivers (growing technological advancements, rising sustainability trends, growing concerns for air quality), restraints (disturbances in raw materials supply, intensifying market competition, growing environmental concerns), opportunities (growth in developing economies, growth of healthcare sector, introduction of eco-friendly products), and challenges (disposal and regeneration issues, economic instability, strict regulations for production) influencing the growth of activated carbon market

• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the activated carbon market
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the activated carbon market
• Market Development: Comprehensive information on lucrative emerging regions
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the market
• Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.

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We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

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SkyQuest Technology
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Wilmington, Delaware, Oct. 07, 2024 (GLOBE NEWSWIRE) — Allied Market Research published a report, titled, “Biomass Power Generation Market by Feedstock (Forest Waste, Agriculture Waste, Animal Waste and Municipal Waste), Fuel (Solid, Liquid and Gaseous), Technology (Gasification, Combustion, Anaerobic Digestion and Pyrolysis): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the biomass power generation market was valued at $91.3 billion in 2023, and is estimated to reach $124.5 billion by 2033, growing at a CAGR of 3.2% from 2024 to 2033.

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Prime determinants of growth

The global biomass power generation market is experiencing growth due to increase in demand for stable baseload or dispatchable power systems. However, high initial setup costs for biomass power plants is expected to hamper the market. Moreover, innovations in biomass conversion technologies, such as gasification and anaerobic digestion are expected to offer lucrative opportunities in the market during the forecast period.

Report coverage & details:

The agriculture waste segment is expected to remain the largest type throughout the forecast period

By feedstock, harnessing agricultural waste for biomass power generation offers a compelling solution to these challenges. By converting these residues into energy, biomass power plants can produce electricity, heat, or biofuels. The process typically involves combustion, gasification, or anaerobic digestion, depending on the feedstock and desired end product.

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The solid segment dominated the market throughout the forecast period

By fuel, biomass power generation utilizing solid biomass holds significant promise as a sustainable alternative to fossil fuels, contributing to renewable energy targets globally. Solid biomass refers to organic materials derived from plants and animals that are used directly as fuel or converted into biofuels. This biomass can include wood, agricultural residues, forestry residues, and dedicated energy crops like switchgrass or miscanthus. Harnessing solid biomass for power generation involves several processes, each crucial to its efficiency, environmental impact, and economic feasibility.

The combustion segment is expected to lead throughout the forecast period

By technology, biomass combustion involves burning organic materials directly to generate heat, which can be used to produce steam to drive turbines and generate electricity. Crop residues such as straw and husks, as well as wood waste, are commonly used in combustion-based biomass power plants. This method is straightforward and well-established but requires careful management to minimize emissions and ensure efficient energy conversion.

Asia-Pacific to maintain its dominance by 2033

Region wise, biomass power generation in the Asia-Pacific region has seen significant growth and adoption in recent years, driven by various factors including environmental concerns, energy security, and economic development. This renewable energy source utilizes organic materials such as agricultural residues, wood waste, and municipal solid waste to produce electricity and heat, making it a versatile and sustainable option for many countries in the region.

China has emerged as a leader in biomass power generation in Asia-Pacific. The country’s vast agricultural sector provides ample feedstock for biomass plants, including crop residues like rice husks and straw. India is another prominent player in the biomass power sector. With a large agricultural base and significant biomass resources, India has leveraged these advantages to expand its renewable energy portfolio. Biomass power plants in India utilize a variety of feedstocks, including agricultural residues, forestry residues, and organic municipal waste.

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Players: –

• Drax Global
• ENGIE
• Babcock & Wilcox Enterprises, Inc
• Xcel Energy Inc.
• Ørsted A/S
• Ameresco
• Vattenfall AB
• MITSUBISHI HEAVY INDUSTRIES, LTD.
• Sumitomo Corporation
• Hurst Boiler & Welding Co, Inc

The report provides a detailed analysis of these key players in the global biomass power generation market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Wilmington, Delaware , Oct. 07, 2024 (GLOBE NEWSWIRE) — Allied Market Research published a report, titled, “Hydrogel Market by Raw Material Type (Synthetic, Natural and Hybrid), Composition (Polyacrylate, Polyacrylamide, Silicone-modified hydrogels, Agar and Others), Form (Amorphous and Semicrystalline), Product (Semicrystalline buttons, Amorphous Gels, Impregnated Gauze, Films and Matrices and Hydrogel Sheets), and Application (Contact Lenses, Hygiene Products, Wound Care, Drug Delivery, Tissue Engineering and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the hydrogel market was valued at $23.4 billion in 2023, and is estimated to reach $45.7 billion by 2033, growing at a CAGR of 6.9% from 2024 to 2033. 

Prime determinants of growth 

The global hydrogel market is experiencing growth due to several factors such as rise in demand for hydrogels in the personal care and hygiene sector and the increasing use of hydrogels in drug delivery systems, tissue engineering, and wound healing applications. However, high production costs associated with hydrogel hinder market growth. Moreover, the rise in consumer awareness and the rise in demand for environmentally friendly products present opportunities for the hydrogel market. 

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Report coverage and details: 

Synthetic segment to maintain its dominance by 2033 

By raw material, the synthetic segment held the highest market share in 2023 and is likely to retain its dominance during the forecast period. Rise in demand for synthetic raw materials in the hydrogel market is driven by their superior properties, such as high absorbency, durability, and customizable functionality. These materials offer consistent quality and performance, essential for applications in medical devices, personal care products, and agriculture. In addition, advancements in polymer chemistry enable the development of innovative hydrogel formulations, meeting specific industry requirements. The scalability and cost-effectiveness of synthetic raw materials further boost their preference over natural alternatives in the expanding hydrogel market. 

Others segment to maintain its dominance by 2033 

Based on composition, the others segment held the highest market share in 2023 and is estimated to dominate during the forecast period. The demand for polyethylene glycol (PEG), polyvinyl pyrrolidone (PVP), polyvinyl alcohol (PVA), and gelatin in the hydrogel market is increasing due to their versatile properties. These materials enhance hydrogel performance through improved biocompatibility, water solubility, and mechanical strength. Their use in medical, pharmaceutical, and personal care products, such as wound dressings, drug delivery systems, and hygiene items, is expanding. In addition, their role in developing environmentally friendly and biodegradable hydrogels is further driving adoption in various applications. 

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Semicrystalline segment to maintain its dominance by 2033 

Based on form, the semicrystalline segment held the highest market share in 2023 and is estimated to dominate during the forecast period. Increase in demand for the semicrystalline form in the hydrogel market is driven by its superior mechanical properties, thermal stability, and controlled swelling behavior. These attributes make semicrystalline hydrogels ideal for applications requiring durability and precision, such as in medical devices, drug delivery systems, and tissue engineering. In addition, their enhanced structural integrity and responsiveness to environmental stimuli cater to advanced technological and biomedical applications, further boosting their popularity in the market. 

Films and Matrices segment to maintain its dominance by 2033 

Based on product, the films and matrices segment held the highest market share in 2023 and is estimated to dominate during the forecast period. Rise in demand for films and matrices in the hydrogel market is driven by their extensive applications in the medical and pharmaceutical sectors. These hydrogel products offer excellent wound-healing capabilities, controlled drug delivery, and biocompatibility. In addition, their use in transdermal patches and tissue engineering scaffolds is expanding due to advancements in biomedical research. The growing focus on minimally invasive treatments and the development of advanced therapies further boost their demand, making films and matrices integral to modern healthcare solutions. 

Contact lenses segment to maintain its dominance by 2033 

Based on application, the contact lenses segment held the highest market share in 2023 and is estimated to dominate the market during the forecast period. Rise in demand for contact lenses is boosting the hydrogel market due to several factors. Hydrogels provide superior comfort and hydration, essential for extended wear, making them ideal for contact lens production. Advances in hydrogel technology enhance oxygen permeability and durability, meeting consumer preferences for high-performance lenses. In addition, the growing prevalence of vision correction needs, and aesthetic use of colored contact lenses further drive demand, positioning hydrogels as a key material in the expanding contact lens market. 

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Asia-Pacific is expected to experience the fastest growth during the forecast period. 

Based on region, Asia-Pacific was the fastest-growing region in terms of revenue in 2023. Increase in demand for hydrogels in the Asia-Pacific region can be attributed to several factors. The growing population and urbanization are driving the demand for personal care products, where hydrogels are extensively used in items such as diapers and sanitary napkins. In addition, advancements in healthcare infrastructure and rise in disposable incomes are boosting the adoption of hydrogel-based medical devices and wound care products. Furthermore, the expanding agricultural sector is fueling demand for hydrogels in soil moisture retention and crop protection applications. 

Leading Market Players: –

• 3M Company
• Procyon Corporation 
• Essity Aktiebolag AB 
• PAUL HARTMANN AG 
• Ashland Global Holdings Inc 
• Medline Industries, Inc. 
• Smith & Nephew plc 
• The Cooper Companies, Inc. 
• B. Braun Holding GmbH & Co. KG 
• Cardinal Health, Inc 

The report provides a detailed analysis of these key players in the global hydrogel market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

Contact: 

David Correa 

United States 

1209 Orange Street, 

Corporation Trust Center, 

Wilmington, New Castle, 

Delaware 19801 USA. 

Int’l: +1-503-894-6022 

Toll Free: +1-800-792-5285 

Fax: +1-800-792-5285  

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Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 07, 2024 (GLOBE NEWSWIRE) — As per the report published by Transparency Market Research, the global catheter introducer sheaths market was worth US$ 1.0 Bn in 2022 and is expected to reach US$ 1.7 Bn by the year 2031 at a CAGR of 6.1 % between 2023 and 2031.

Catheter introducer sheaths are specialized medical devices used in various procedures to facilitate the insertion of catheters into the body. They serve as a protective and guiding channel for the catheter, allowing for more controlled and less traumatic entry into the vascular system or other target areas. Typically made of flexible and biocompatible materials, these sheaths are designed to minimize the risk of vessel damage and provide a pathway for the catheter to advance smoothly.

Catheter introducer sheaths are crucial in enhancing the safety and efficiency of catheterization procedures by providing a stable and controlled environment for catheter insertion and minimizing potential complications.

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The introducer sheath is usually placed in a blood vessel, such as the femoral or radial artery, through a small incision or puncture. Once the sheath is in position, the catheter can be inserted through it, allowing for precise delivery of the catheter to the desired location. This technique is commonly used in various procedures, including angiography, catheter-based interventions, and electrophysiology studies. After the procedure, the sheath is typically removed, and a hemostatic device or manual pressure is applied to ensure that bleeding is controlled.

Catheter Introducer Sheaths Market Overview

Catheter introducer sheaths (카테터 삽입기 외장 시장) offer several benefits that contribute to their significant role in medical procedures. These sheaths enhance procedural efficiency by providing a stable and controlled pathway for catheter insertion, which minimizes trauma to blood vessels and surrounding tissues. This reduces procedural complications, facilitates shorter recovery times, and improves patient outcomes. Additionally, introducer sheaths can accommodate various catheter types and sizes, making them versatile tools in both – diagnostic and therapeutic interventions. Their design often incorporates features such as hemostatic valves and radiopaque markers, further facilitating precise placement and enhancing overall procedural safety.

Several factors are driving the growth of the catheter introducer sheaths market. Firstly, the increasing prevalence of cardiovascular diseases and the rising number of minimally invasive procedures are significant contributors. As these conditions become more common, the demand for reliable and effective catheterization tools grows, boosting market demand. Technological advancements in medical devices, including the development of more flexible and durable sheaths, are also propelling market expansion. These innovations improve procedural outcomes and patient comfort, thereby increasing adoption rates.

Additionally, the growing focus on patient safety and the adoption of advanced healthcare technologies across various regions further stimulate market growth. The expanding healthcare infrastructure in emerging economies, coupled with increased investments in medical research and development, also plays a crucial role.

Moreover, the rise in elderly population, who are more likely to require catheter-based interventions, contributes to a higher demand for these devices. Collectively, these factors drive the expansion of the catheter introducer sheaths market, reflecting their essential role in modern medical procedures.

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Catheter Introducer Sheaths Market Regional Insights

• Europe generated the largest market value in 2023. The region is also expected to maintain its dominance during the forecast period.

In Europe, several key factors are driving the growth of the catheter introducer sheaths market. One of the primary factors is the increasing prevalence of cardiovascular diseases and chronic conditions that necessitate catheter-based interventions. As Europe’s aging population grows, there is a higher incidence of conditions such as heart disease, stroke, and diabetes, which require frequent use of catheterization techniques. This rising demand for diagnostic and therapeutic procedures fuels the need for advanced catheter introducer sheaths.

Technological advancements also play a significant role in boosting the market in Europe. Continuous innovation in catheter introducer sheath design and materials enhances their functionality, safety, and patient comfort. European healthcare providers benefit from the latest developments, including sheaths with improved flexibility, durability, and hemostatic features. These advancements contribute to better procedural outcomes and increased adoption rates across medical facilities.

Additionally, Europe’s robust healthcare infrastructure supports market growth. The presence of advanced hospitals and specialized medical centers that prioritize high-quality patient care drives the demand for sophisticated medical devices. Furthermore, favorable regulatory environments and government initiatives aimed at improving healthcare services and investing in medical technologies bolster the adoption of catheter introducer sheaths.

The emphasis on minimally-invasive procedures, which offer benefits such as reduced recovery times and lower risk of complications, also supports market expansion. European healthcare systems increasingly favor such approaches, leading to greater utilization of catheter introducer sheaths. Moreover, the growing focus on patient safety and the push for more efficient and effective medical solutions align with the increasing use of these devices.

In summary, the combination of an aging population, technological innovation, advanced healthcare infrastructure, and a shift towards minimally-invasive procedures are key factors driving the catheter introducer sheaths market in Europe. These elements collectively contribute to the market’s expansion and the increasing adoption of these essential medical tools.

Prominent Players Operating in Catheter Introducer Sheaths Market

Abbott, Boston Scientific Corporation, Stryker Corporation, Teleflex Incorporated, Merit Medical Systems, Inc., Terumo Corporation, Medtronic plc, W. L. Gore & Associates, Inc., Lepu Medical Technology(Beijing) Co., Ltd., Becton, Dickinson, and Company (BD), Cardinal Health, Inc., B. Braun SE, ICU Medical, Inc., Cook Medical and BIOTRONIK SE & Co KG are some of the leading players operating in the industry.

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Catheter Introducers Sheaths Market Segmentation

Product Type

• Integrated Introducer Sheaths
• Separate Introducer Sheaths

French Size

• Cardiovascular
• Peripheral Vascular
• Neurovascular
• Others

• Cardiovascular
• Peripheral Vascular
• Neurovascular
• Others

• Cardiovascular
• Peripheral Vascular
• Neurovascular
• Others

End-user

• Hospitals
• Ambulatory Surgical Centers
• Presence
• Others (research & academic institutes, specialty clinics, etc.)

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