Carbon Dioxide Market Recent trends, Major Driving Factors and Business Growth Strategies 2026

The global carbon dioxide (CO2) market is anticipated to reach USD 9.16 billion by 2026 and is anticipated to grow at a CAGR of 3.9 % from 2018 to 2026. The carbon dioxide (CO2) market is anticipated to witness significant growth over the forecast period. Increasing enhanced oil recovery operations by upstream players, in order to maintain their production levels, are expected to boost the market demand. Increasing use of carbon dioxide in application industries such as refrigeration, food & beverages, chemical wholesaling, and pharmaceuticals is projected to propel the market growth.

Growing demand for carbonated drinks and soda water is a major factor contributing to the market growth over the next nine years. The high cost of carbon dioxide capture, liquefaction, and transportation is anticipated to act as the key restraining factor for the market growth. Concerns regarding oversupply of carbon dioxide from numerous potential sources and the subsequent reduction in its price are likely to hamper the market growth.

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The industrial gases can be transported in the gaseous or liquid form via pipelines, ships, and road tankers. Currently, transporting the gas as a solid form is neither cost-effective nor feasible from an energy usage point of view. Pipelines are the most cost-effective mode of transport for large quantities of carbon dioxide. Economies of scale make it economic to transport 1 Mt to 5 Mt per year over 100 km to 500 km or 5 Mt to 20 Mt per year over 500 km to 2,000 km.

To overcome the problems caused by CO2 emission globally, governments have established various regulations and directives on Carbon Capture and Storage (CCS) for the safe storage and transportation of carbon dioxide. These legal frameworks contain provisions regarding the capture and transport components of CCS technology. Globally, government agencies have formulated various regulations for the proper storage and transportation of carbon dioxide. These regulations are beneficial for preventing environmental & health risks. In addition, these regulations also provide security of the carbon dioxide storage sites.

Companies are developing advanced CCS technologies for effectively capturing, purifying, liquefying, and storing of gas. These industry participants are also engaged in development of effective systems for the transportation of CO2, which include ships, pipelines, road and rail, tankers. CCS technology is more effective for CO2 in gas and liquid state.

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An Increase in the number of power plants and chemical industries is also contributing to the carbon dioxide production globally. Companies are installing CCS plants, which could be utilized for industrial use. The increasing demand for carbon dioxide in the end-use industries is a major factor contributing to the market growth. Increasing application of EOR technologies especially in the North American region, owing to a rising number of mature wells, is one of the major factors contributing to the growth of the market.

The rising application of EOR activities on account of an increasing number of matured oil and gas fields, the demand for carbon dioxide for utilization in these activities is also increasing. Hence, the growing carbon dioxide demand for EOR activities is expected to drive the CCS industry over the forecast period.

Since, CO2 is a waste byproduct of human respiration, its medical usage is limited. However, it is considered as one of the major medical gasses. In the medical industry, carbon dioxide is also used in cryotherapy and respiratory stimulation during & after administration anesthesia. In cryotherapy, frozen CO2 snow (–78.5°C) is used for destroying body cells by the process of crystallization. This process can also be used for the removal of skin tag, moles, and warts.

The cost of the carbon dioxide capture and storage technology along with a new plant set up is very high and this may not prove to be a viable solution for many industry players or even countries globally. Therefore, the high cost of CCS is expected to restrain the market in the near future.

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Amines Market Regional Analysis Focus On Business Economy With Innovative Growth Forecast 2020 To 2026

The global Amines Market size is anticipated to reach over USD 33.3 billion by 2026, according to a new study published by Polaris Market Research. In 2017, the personal care segment dominated the global amines industry, in terms of revenue. Asia-Pacific was the leading contributor to the global market revenue in 2017.

The use of amines in wide applications such as personal care, crop protection chemicals, paints and coatings, surfactants, and beauty products majorly drives the growth of the market. Growing awareness regarding personal care and increasing disposable income, especially in developing regions, is boosting the overall amines industry growth. Increasing demand of amines from pharmaceutical, and construction sectors among others augment the growth of amines industry. Technological advancements and increasing applications in healthcare, pharmaceuticals and water treatment sectors would provide growth opportunities to the amines industry during the forecast period. New emerging markets, emerging consumer demographics, and technological advancements would accelerate the growth of this market in the coming years.

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The personal care segment is expected to lead the market during the forecast period owing to wide applications in the industry. Amines are used in various personal care products, such as soaps, shaving creams, hand lotions, body washes, shampoos, laundry detergents, cosmetics, cosmetic creams, fragrances, and hair dyes, among others. Increasing disposable income and rising awareness regarding personal hygiene boosts the growth of this segment. Growing demand from emerging economies, and growth of e-commerce platforms are factors expected to provide numerous growth opportunities in the coming years.

  

Asia-pacific is expected to lead the global amines industry during the forecast period. A significant rise in the population has been registered over the past few years, boosting the growth of the amines industry. Increasing awareness regarding personal care and hygiene, and rising disposable incomes in developing countries of this region augments the market growth in the region. Increasing application of amines in healthcare and pharmaceutical also supports amines market growth in this region. Use of amines in agriculture, construction, and water treatment further increases the demand of amines in Asia-Pacific. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

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The well-known companies profiled in the amines market report include Clariant International Ltd., Mitsubishi Gas Chemical Company, Inc., Solvay S.A., DowDuPont, BASF SE, Air Products and Chemicals Inc., Arkema S.A., Huntsman Corporation, Sinopec Corporation, and Akzo Nobel N.V. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Polaris Market Research has segmented the global amines market on the basis of type, application, and region:

Amines Type Outlook (Revenue, USD Billion, 2015 – 2026)

• Ethyleneamines
• Fatty Amines
• Ethanolamines
• Specialty Amines
• Alkylamines
• Others

Amines Application Outlook (Revenue, USD Million, 2015 – 2026)

• Personal Care
• Oil and Petroleum
• Pharmaceutical
• Agricultural Chemicals
• Cleaning Products
• Water Treatment
• Others

Amines Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America (U.S., Canada)
• Europe (Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands, Rest of Europe)
• Asia Pacific (China, India, Japan, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines)
• Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
• Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA)

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Herbal Supplements Market Size, Trends Analysis, Region, Demands And Forecasts Report 2020-2026

The global Herbal Supplements Market size is anticipated to reach USD 137.3 billion by 2026 and is estimated to grow at a CAGR of 10.8% during 2018-2026 according to a new study published by Polaris Market Research. In 2017, the pharmaceutical segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global market revenues in 2017.

The obese and geriatric population is increasing worldwide, promoting the growth of the herbal supplements. The sedentary lifestyle, increasing use of functional foods, and growing consumer awareness regarding preventive health care boost the overall market growth. Increasing disposable incomes in developing countries, rising awareness about health benefits of herbal supplements, and rising health disorders propel the growth of the herbal supplements industry. Sedentary lifestyle of consumers leading to lifestyle diseases, and increasing disposable income drives herbal supplements market growth.

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Health disorders such as diabetes, cardiovascular diseases, cancer and others have increased significantly in the developed economies in past few years. Increasing incidences of health disorders have resulted in increased awareness regarding healthy eating habits. Health and fitness consciousness has also increased among consumers in countries such as China and India due to improving lifestyle and changing food habits. Consumers are more aware regarding their nutritional intake, and benefits of herbal supplements, thereby accelerating the market growth for Herbal Supplements.

North America generated the highest market share in terms of revenue in 2017 and is expected to lead the global market throughout the forecast period. The increasing obese population, initiatives and funding by governments to promote health consciousness, and lifestyle changes primarily drive the growth of this market.  The number of memberships for health clubs and gyms has increased significantly promoting the growth of Herbal Supplements industry in the region. The increase in obesity related diseases such as diabetes and hypertension along with high disposable income of consumers further propel the adoption of herbal supplements.

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The well-known companies profiled in the Herbal Supplements report include Herbalife International of America, Inc., Ricola AG, Archer Daniels Midland Company, Nutraceutical International Corporation, Bio-Botanica Inc., Arizona Natural Products, Blackmores Ltd, The Himalaya Drug Company, Dr. Willmar Schwabe GmbH & Co. KG, and Rainbow Light Nutritional Systems. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Leading players in the Herbal Supplements industry are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns. In October 2014, Herbalife launched a new range of herbal green tea, which is available in two flavors, original and pomegranate. This range of green tea contains lower calories and is free of artificial sweeteners, flavors, and colors.

Radar Sensor Market(2020-2026): Present Scenario, User Demand, Growth Analysis, Benefits and Regional Overview

The global Radar Sensor Market is anticipated to reach USD 44.4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the non-imaging radar sensor segment accounted for the highest Radar Sensor market share in terms of revenue. North America is expected to be the leading contributor to the global Radar Sensor market revenue in 2017.

The growing military expenditure in countries such as China, U.S, and others have resulted in radar sensor market growth. The advancements in technologies and increasing need for national security would further lead to radar sensor market growth. Increasing demand for high range and enhanced radar accuracy, along with stringent security regulations supplement the growth of radar sensors market. Growing adoption of radar sensors in developing nations provide growth opportunities for the market. Features of radar sensors such as increased discrimination accuracy, enhanced sustainability, greater detection ranges and high reliability are propelling the growth of global radar sensor market. Furthermore, viewing the real-time data with the help of Radar through interfaces such as internet is opportunistic for the market expansion. Increasing cases of road accidents and stringent vehicle safety regulations supplement the market growth. Increasing development of self-driving and autonomous vehicles provide growth opportunities for radar sensor industry.

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North America generated the highest Radar Sensor market share in terms of revenue in 2018, and is expected to lead the global Radar Sensor industry throughout the forecast period. The adoption of radar sensors is expected to increase significantly in this region owing to increasing need to offer safety and security. The increasing demand for surveillance and border monitoring also drives the radar sensor market across various countries. Market players in the global radar sensor industry are introducing highly efficient and low-cost radar sensors to cater to the growing consumer needs. These market players are also integrating advanced technologies to improve the radar systems to cater to wider audiences. Increasing safety concerns, growing military expenditure, and development of autonomous vehicles are factors encouraging market players to launch efficient radar sensors across the globe.

Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. For instance Continental AG, a German automotive manufacturer company on November 2017 incorporated their extensive, long standing expertise in vehicle surrounding sensors into fifth generation of short and long range radar sensors. This resulted in more accurate detection of smaller objects such as a lost spare wheel or an exhaust that has fallen off. Long range radar, has maximum range of 300 m and an opening angle of ±60˚ depending on required performance. The series production of the same will start in 2019.

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The well-known companies profiled in the Radar Sensor market report include Delphi Automotive LLP, Autoliv Inc., Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, Lockheed Martin Corporation, Denso Corporation, Infineon Technologies AG, Hella KGaA Hueck & Co., and Smart Microwave Sensors GmbH. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Cell Harvesting Systems Market(2020-2026): Present Scenario, User Demand, Growth Analysis, Benefits and Regional Overview

The global cell harvesting systems market size is expected to reach USD 11.7 billion by 2026 according to a new study by Polaris Market Research. The report “Cell Harvesting Systems Market Share, Size, Trends, Industry Analysis Report By Techniques (Altered Nuclear Transfer, Blastomere Extraction); By Application (Umbilical cord, Bone marrow, Peripheral blood, Adipose tissue, Other sources); By End User (Biotechnology & Biopharmaceutical Companies, Research Institutes, Hospitals, Clinics, Others); By Regions, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The development of the market for cell harvesting is primarily driven by increasing investments in regenerative and cell research, growing biotechnologies and biotechnology industries and increasing chronic and infectious diseases. Some of the factors responsible for driving global cell harvesting demand also include the rising transplant rate and growing demand in stem cell banking.

There is a rise in demand for healthcare and expenditure in age-and lifestyle-related chronic illnesses. The main causes of death in the developing economies are urbanization, sedentary lifestyles, changing diets, growing rates of obesity and widespread access to tobacco goods. The prospective use of stem cells to treat various chronic diseases is an important factor for market growth. In order to boost growth of the sector, increased incidences of chronic and infectious diseases are expected.

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The market for Cell harvesting systems is growing rapidly as bone marrow transplantation procedures are accelerating because of higher blood cancer and anemia. Furthermore, improved health care expenditure, post-therapy survival, increased investment in logistics, expanded cardiovascular transplantation recording along with neuronal illness and increased healthcare expenditures per capita. Cell harvesting allows the invasiveness of the aspiration of bone marrow from the iliac bone to be reduced with fewer fractures. It also reduces process time and contamination with T-cells. Nevertheless, high costs of cumbersome treatment, immuno-refusal, lack of recovery measures and identification of stem cells in adults ‘ tissues, achievable cell density and cell-cell problems and inadequate transplant HSC cells are a considerable obstacle to the cell harvesting industry.

The most rapidly increasing segment of implementation is expected to be stem cell research in the forecast period. Human stem cell research has enormous potential to help us understand the fundamental biology of humans. The study of stem cells enables scientists to understand how the body works and how the disease develops and affects the body. Stem cell research enables researchers better understand and discover new treatments for different diseases and situations.  The bone marrow stem cells may be used to study stem cell biology, stem cell treatment and renewable medicine. Therefore, the market is anticipated to experience elevated development over the forecast period due to the above-mentioned factors.

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North America is projected to have a substantial share in the cell harvesting sector and is expected to show a similar trend without considerable shifts over the forecast period. The U.S. sector dominates the cell harvesting sector due to enhanced research expenditure and government initiatives. Blood-forming stem cells derived from cord blood are presently the only FDA approved stem cell products in the US. These, along with bone marrow stem cells, are commonly used in transplant procedures for treating patients with cancer and immune and blood systems diseases. Health expenditure is also on the rise in the United States. The above-mentioned factors have enabled North America to be the dominant region in the global cell harvesting market.

The key players operating in this market include PerkinElmer Inc. Tomtec, Bertin Technologies, TERUMO BCT, INC., hynoDent AG, Avita Medical, Argos Technologies, Inc., SP Scienceware, Teleflex Incorporated., Arthrex, Inc., Thomas Scientific, BRAND GMBH. Growing investment in stem cell-based studies by public authorities and an increase in the aging population can be ascribed to the growing demand for these therapies in these nations. This In turn is providing the major players in the cell harvesting market to capitalize on the opportunities provided in the global market.

Wearable Sensors Market PESTEL Analysis, SWOT Study and Competitive Landscape Forecast 2026

The worldwide Wearable Sensors Market is anticipated to reach around USD 4,281 million by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global wearable sensors market.

The expanding telecommunication industry, along with increasing demand from the healthcare sector increases the demand for wearable sensors. The increasing use of wearable sensors in consumer electronics and wearables, along with growing health awareness among consumers support the wearable sensors market growth. The rising adoption of MEMS and NEMS technologies, and IoT boosts the adoption of wearable sensors.  Other factors driving the market growth include growing geriatric population, technological advancements, and development of smart technologies. New emerging markets, emerging consumer demographics, and increasing applications would provide growth opportunities for Wearable Sensors market in the coming years.

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In 2017, North America accounted for the highest share in the global wearable sensors market. The primary factors driving the wearable sensors market growth in the region include established healthcare sector, rising healthcare costs, growing consumer awareness, and rising health concerns. The increasing demand for consumer electronics, technological advancements, and high investment in R&D further supports market growth in the region. The introduction of favorable government regulations regarding wearable sensors, and rising demand for fitness devices boost the wearable sensors market in North America. The increasing development of smart technologies, and growing adoption of connected devices and IoT further increases the demand of Wearable Sensors in the region.

The companies operating in the wearable sensors market include Infineon Technologies AG, Texas Instruments Inc., Broadcom Limited, Asahi Kasei Microdevices Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, Invensense, Inc., TE Connectivity Ltd., Knowles Electronics, LLC, and Panasonic Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Lecithin Market Global Demand, Industry Growth,In-Depth Analysis And Opportunities Till 2026

The Lecithin Market is anticipated to reach over USD 1,605 million by 2026 according to a new research published by Polaris Market Research. In 2017, the soy segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

A significant increase in awareness regarding healthy diet, changing lifestyles, and health benefits offered by Lecithin drive the growth of the Lecithin Market.  Other driving factors include growing inclination towards use of naturally sourced products, and increasing use of Lecithin in medicinal and pharmaceutical applications. Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific further fuels the growth of the Lecithin market. Factors such as increase in per capita income, changes in consumer behavior, and increased awareness regarding health and nutrition are expected to accelerate the adoption of Lecithin in the coming years. Increasing demand from developing nations, and growing use in the nutraceuticals industry is expected provide numerous growth opportunities to the market players during the forecast period.

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Europe generated the highest revenue in the Lecithin Market in 2017. The increasing health awareness in the region coupled with high disposable income drives the market growth. The increasing demand of Lecithin in the region is owing to high consumer awareness regarding the benefits of Lecithin, and growing industrial applications. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing disposable incomes in developing countries of this region, and rising demand of Lecithin for animal feed, and pharmaceutical.

The well-known companies profiled in the Lecithin Market report include Stern-Wywiol Gruppe Pvt. Ltd., Lipoid GmbH, E. I. duPont de Nemours Company, Cargill, Inc., Archer Daniels Midland, Wilmar International, American Lecithin Company, Northland Organic Food Corporation, VAV Life Sciences Pvt. Ltd., and Soya International. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Medical Plastics Market(2020-2026): Present Scenario, User Demand, Growth Analysis, Benefits and Regional Overview

The global medical plastics market is anticipated to reach over USD 37.5 billion by 2026 growing at a CAGR of 6.1% according to a new study published by Polaris Market Research. The report “Medical Plastics Market Share, Size, Trends & Industry Analysis Report by Type (Standard Plastics, Engineering Plastics, Others); By Application (Medical Device Packaging, Medical Components, BioPharma Devices, Mobility Aids, Sterilization and Infection Prevention, Others); By Region: Segment Forecast, 2018 – 2026” provides a comprehensive analysis of present market insights and future market trends.

In 2017, the medical components segment dominated the global industry. North America will be the key revenue contributor during the forecast period. Plastics are now no more just an existing component but have grown in stature in advanced devices and is anticipated to support the growth of medical plastics market.

The factors boosting growth stems from the geriatric population and their demand for services, rising home healthcare services and self remedies that boosts the market. Other driving factors include Government impetus for promotion of quality healthcare services, rising demand for minimally invasive procedures and technological advancements. However strict Government rules and absence of standardized healthcare regulations globally are expected to hinder growth of market. An ever-lasting demand from developing nations and technological innovation coupled with a persistent use of plastics in place of metals are expected to provide overwhelming growth opportunities to players during forecast period.

Volatility in prices of polyvinyl chloride, polyethylene, polypropylene and polystyrene has affected the market. The increasing aged people in the United States. added to the growing lifestyle diseases in the country drives growth of medical plastics in the region. The industry is pronounced by large number of companies involved in production of advanced grade plastics for use adding to growth in the market.

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The industry is characterized by multiple technological gains that pertain to manufacture of advanced plastics in the market. Keys strategies include players invest time and efforts in R &D and develop advanced products. High degree of cost competitiveness will boost growth of medical Plastics. High production volumes coupled with ease of availability of medical plastics are expected to bring about increase in buyer strength. 

The use of thermoforming polypropylene leads to high strength packaging thereby offering very high impact resistance to the packaged products. Furthermore, packaging made of polypropylene is found to be highly durable and sterile leading to big growth in demand. PETG is a specialized plastic that owns properties such as superior moisture and oxygen barrier coupled with high transparency leading to efficient packaging proponent of device components.

The Governing agencies in U.S. keep belief in recycling plastics with federal agencies investing a solid amount towards healthcare, enough to boost industry. An increasing requirement for dental and body contouring implants in Europe is anticipated to have a positive impact on medical plastic industry growth in forecast period. High disposable income and an expanding cosmetic dentistry is expected to add growth to medical plastics in the region. Factors such as product quality and cost competitiveness are impacting buyer decision.

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China is projected to post substantial growth over forecast period. This is due to high healthcare cost and growing incidence of diseases. Increasing aged population in China is also a contributor to industry growth.

The key players in Medical Plastics includes E.I DuPont de Nemours and Company, HMC Polymers, Specialty Silicone Fabricators, Inc., Trinseo S.A., GW Plastics, Inc., Eastman Chemical Company, The Dow Chemical Company, Orthoplastics Ltd and Saint Gobain Performance Plastics among others.