Government’s initiatives in various countries is fuelling growth of the environmental testing globally. In addition, with the growing demand for development of waste infrastructure the liquid chromatography-mass spectroscopy is expected to witness an upsurge in adoption in the coming years. The global liquid chromatography-mass spectroscopy market is expected to witness a growth of 7.9% CAGR over the forecast period, 2016-2024.
Market Dynamics
Growing number of medium-sized and small companies participating in the field life science research is fuelling growth of the global liquid chromatography-mass spectroscopy market. In addition, surge in investment in research and development related to life sciences is likely to propel adoption of combined technologies that are capital intensive such as liquid chromatography-mass spectroscopy in the coming years. Moreover, enhanced liquid chromatography-mass spectroscopy techniques will further propel growth in their applied research.
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Liquid chromatography-mass spectroscopy techniques will witness more preference due to relatively high accuracy and robust competency in the span of next seven years. Furthermore, surge in adoption of liquid chromatography-mass spectroscopy techniques in clinical laboratories to reduce the processing time is likely to propel growth of the global liquid chromatography-mass spectroscopy market in the coming years.
Moreover, due to majorly enhanced triple-quadrupole liquid chromatography-mass spectroscopy, triple-quadrupole liquid chromatography-mass spectroscopy witnesses surge in demand in the clinical analysis over the coming years. Additionally, triple-quadrupole technology will hold over 50% of the global revenues for liquid chromatography-mass spectroscopy market in the span of next seven years.
Segmentation Analysis
Liquid chromatography-mass spectroscopy among other techniques is likely to remain relatively high in environmental testing and clinical testing, revenues from which will witness a growth of 8.7% and 8% CAGR respectively in the coming years. Drug discovery and development among others will represent the largest application of liquid chromatography-mass spectroscopy. Moreover, drug discovery and development among other applications will account for one-third of the revenue shares globally in the span of next seven years.
Contract research organizations and academic research institutions among various end users of liquid chromatography-mass spectroscopy will represent as the major end users in the span of next seven years. Moreover, application of liquid chromatography-mass spectroscopy technique in companies operating in biopharmaceutical industry will represent relatively fast revenue growth at 9.9% CAGR over the coming years.
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Regional Analysis
North America and Europe among other regions will represent the leading regions, and will acquire over half of the global revenues in the span of next seven years. Additionally, theliquid chromatography-mass spectroscopyin North America will further witness a surge in growth at a CAGR of 8.4% over the coming years. Moreover, the liquid chromatography-mass spectroscopy market in Europe will account for US$ 671.2 Mn in terms of revenues in the span of next seven years. The liquid chromatography-mass spectroscopy market in Asia Pacific will represent relatively fast revenue growth at a CAGR of 8.6% in the coming years.
Market Players
Leading players are mainly focusing on investing in research and development of analytical instruments, which is significantly contributing towards growth of the market in the coming years. PerkinElmer Inc., Danaher Corporation, Bruker Corporation, JEOL Ltd., Waters Corporation, Shimadzu Corporation and Agilent Technologies are some of the leading key players operating in the globalliquid chromatography-mass spectroscopy market in the coming years.
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Increasing need for controlling glucose levels and bringing down blood cholesterol has led to an upsurge in demand for dietary fiber. Bakery and confectionary industry will witness relatively high demand for gum arabic due to increasing need for a binder of natural attributes. Moreover, consumption of gum arabic represents no harm as compared to synthetic and artificial binders. The global gum arabic market is expected to witness a growth of 5.7% CAGR over the forecast period, 2017-2025.
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Market Dynamic
Attributed to relatively low consistent properties in various fluids and water without evolving texture, flavor and mouth-feel of the original beverages, the gum arabic will witness surge in demand in the coming years. In addition, the gum arabic is relatively more stable in low pH conditions, and is moderately an essential element for refreshments. Moreover, as manufacturers are encouraged to produce and develop new formulations, the gum arabic market is likely to witness an upsurge in demand over the coming years. Furthermore, with the increasing production of dry spray preparations for encapsulation of powder, the gum arabic market is likely to witness a surge in growth globally in the span of next eight years. Additionally, surge in application of gum arabic in beverages is likely to fuel growth of the food and beverages segment over the coming years.
Segmentation Analysis
Acacia senegal among other types of gum arabic will retain dominance in terms of revenue, and consumption will remain relatively high in the coming years. However, consumption of acacia seyal will remain relatively high among other types of products in the span of next eight years. The acacia senegal will witness relatively high consumption of over 90 thousand tons over the coming years. Food and beverages will represent the largest application of gum arabic, and will account for a revenue share of 60% globally in the coming years. Pharmaceutical applications in gum arabic will further gain traction, and will witness a growth of 5.6% CAGR in the span of next eight years.
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Regional Analysis
Europe will represent major market for gum arabic globally, and will account for over US$ 170 Mn over the coming years. The gum arabic market in North America is likely to witness an impressive growth of 6% CAGR in the coming years. Whereas, Asia Pacific will account for 50 thousand tons of gum arabic in the span of next eight years. Moreover, Asia Pacific will grow at a relatively fast pace at a CAGR of 6.1% CAGR in terms of revenue over the coming years.
Market Players
Key manufacturers operating in the global gum arabic market are mainly focusing on offering health claims with supporting clinical evidence for various end products. In addition, manufacturers mainly focus on health-related benefits of gum arabic in the coming years. Leading manufacturers operating in the global gum arabic market include POLYGAL AG, AEP Colloids Inc., C.E. Roeper GmbH, Mountain Rose Herbs, Inc., Tic Gums Inc., IMPORTERS SERVICE CORP., KERRY GROUP PUBLIC LIMITED COMPANY, Nexira International, ALLAND ET ROBERT S.A. and CARAGUM International, S.A.
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The research report included company profiles of top manufacturers, their data, deals income, revenue share, deal volume, and purchaser volume is equally specified.
It also contains forecasts using a suitable set of expectations and approaches.
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The major market players are estimated on various factors such as company overview, product selection, and revenue of ‘Global Nail Care Products Market’.
‘Global Nail Care Products Market’ Report covers market appearances, size and progress, segmentation, provincial collapses, competitive background, market shares, tendencies and strategies for this market.
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The global adblue market is expected to gain a significant CAGR in the forthcoming period.
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A DEF further splits the nitrogen oxide via SCR into nitrogen and water.
North America adblue market is expected to follow the trend owing to favourable government norms for automobile industry and rise in aftermarket sales for the same.
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8 Nov 2018 – Global Battery Market is expected to reach USD 132.55 billion by 2024.It is made up of three key constituents like electrolyte, anode, and cathode.
Batteries that must be thrown away after use are termed as primary batteries; whereas the batteries that can be recharged are termed secondary batteries.
The Battery 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.
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Global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.
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There have been many technological innovations and advancements taking place in the medical aesthetics market. The latest advancements in the laser technology have led to an increased number of its applications in medical aesthetics. These advancements in laser provide benefits such as, small incisions, decrease in the intensity of pain and fast recovery after the procedure. There has been a notable increase in the application of laser technology for various aesthetic treatments, such as hair removal, skin rejuvenation and body contouring, which is bolstering the global medical aesthetics market.
Some of the other key players in the market include Allergan Plc, Valeant Pharmaceuticals International, Inc., ZELTIQ Aesthetics, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd., Merz GmbH & Co. KGaA, Galderma S.A., Syneron Medical Ltd., Cynosure, Inc., Photomedex, Inc. and Lumenis Ltd.
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