Cardiac Rhythm Management Devices Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

The global cardiac rhythm management devices market size is expected to touch USD 35.22 billion by 2026 growing at a CAGR of 7.5% from 2019 to 2026, Cardiac rhythm management devices have witnessed evolution of pacemakers, cardiac resynchronization therapy, implantable cardioveter defibrillators and loop recorders over the last decade.  The growth drivers for the market include favorable legislative policies followed by Government in developed and developing countries. Additional market drivers include rising incidence of cardiovascular diseases (CVD’s), cohesive reimbursement climate and technological advancements that boost market growth

 

CRM devices are the universal solution for patients suffering from arrhythmias. Latest findings in Cardiac Resynchronization therapy devices are anticipated to drive this market.  Furthermore, implantable cardioverter-defibrillators have opened up more vistas of operations since their integration with pacemakers.  This increases the product life for pacemakers. Cardioverter- defibrillators having found immense applications are certain to expand market growth.

 

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Sudden Cardiac Arrest (SCA) is also debilitating human population that explains high growth of external defibrillators. Government initiatives are working in the direction of making economies more cardio-friendly. This works positively for external debrifillators to experience surging market growth.

 

As per Government data available More than 6.0 million people have fallen prey to cardiac disorders. Of these, 0.8 million are victims of atrioventricular blockage that ends in cardiac failure. This proves an outgo of USD 20-60 billion annually. Hence to prevent this, CRM devices are being put to effective use to prevent surgical costs from inflating and also prevents readmission charges, thus impacting market growth.

            

North America took credit of nearly 35% overall market for CRM Devices in 2016. This was particularly due to supportive legislative policies, lenient reimbursement schemes and increase in cardiovascular diseases. Asia Pacific was seen as fast growing market for CRM devices with a CAGR of 9%. This was largely made possible due to accessibility of CRM devices.

 

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The key players operating in Cardiac Rhythm Management Devices Implantation include St, Jude Medical, BIOTRONIK, Inc., Medtronic and Boston Scientific Corporation and ZOLL Medical Corporation among others.

 

Polaris Market Research has segmented the global cardiac rhythm management (CRM) market on the basis of product and Region:

 

CRM Devices Product Outlook (Revenue USD Millions 2015-2026)

·         Pacemakers

·         Implantable Pacemakers

·         External pacemakers

·         Defibrillators

·         Implantable Cardioverter Defibrillator

·         Subcutaneous ICD

·         Transvenous ICD

·         External Defribillator

·         Manual ED

·         Automated ED

·         Wearable Cardioverter Defibrillator

·         Cardiac Resynchronization Therapy (CRT)

·         CRT- Defibrillators

·         CRT-Pacemakers

 

Liquid Biopsy Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global liquid biopsy market size is slated to reach USD 3,362.6 million by 2026 at a CAGR of 21.9% according to a news report published by Polaris Market Research. The report Liquid Biopsy Market Share, Size, Trends, & Industry Analysis Report, [By Technology (PCR Microarrays, NGS); By Sample Type (Blood, Urine, Saliva, Other Body Fluid); By Biomarker (Exosomes, CTC, ctDNA); By Application; By Region] Segment Forecast, 2019-2026 provides a comprehensive analysis of present market insights and forecasted future trends.

 

Liquid Biopsy is a conventional method used to diagnose onset of cancer. The alternative names for liquid biopsy are fluid biopsy or fluid phase biopsy. This is largely a non-invasive method used to track tumors and mutations over a period of time. Doctors are informed about the disease with the help of these observations of the tumor’s future. Though being simple and instrumental in early stage detection of cancer, it voices concerns over its adoption.  Liquid Biopsy products market has a shortcoming which is it is largely overshadowed by tissue biopsy with the latter being adopted exceptionally.

 

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Drivers to the market potential are the increasing number of patients being diagnosed with various types of cancer. The free trials accompanying surgery motivates growth. Minimal invasive surgery method unique to liquid biopsy market cap, invokes huge demand impacting market growth over forthcoming years.

 

A significant driver to growth of liquid biopsy is the reduced number of surgical invasions. This encouraging sign makes it one of the most adopted substitutes for tissue biopsy. An increasing trend followed by key players to shift focus onto research and development activities aiding strategic M&A improves market strength dramatically.

 

Considering the basis of technology, single gene analysis and multi-gene-parallel analysis (NGS) dominate the liquid biopsy cancer market size. NGS denotes diagnosis of multiple diseases at one instance. PCR is an approach to analyzing mutation among genes.

 

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Yet another class of distinction in liquid biopsy market 2018 is based on sample type. The sample is segmented on basis of blood, saliva, urine and other body fluid. Blood sample is the best sample type for customary analyses as blood contains cell free DNA, circulating cell and exosomes that offer them for easy detection leading to detection of cancerous cells in human body.     

  

Based on biomarker type, the global market outlook to 2026 is segmented into exosomes, circulating tumor cells (CTC) and circulating tumor DNA (ctDNA). CTC biomarkers govern largest market share owing to high awareness levels and accurate tracking results of cancerous cells in the body. CTC marker makes early forays in the initial stages of detection of cancer itself. 

 

North America is holding coveted position as per geography in market cap during forecast period. Increased facilitators for diagnosis of cancer and rising number of patients suffering from cancer are factors promoting growth of market. Asia Pacific is exhibited to grow at a faster rate during forecast period.

 

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Fracking Chemicals Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 Global Fracking Chemicals Market is anticipated to reach over USD 65 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the horizontal well segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

 

A significant growth in urbanization, population increase, and industrialization along with government initiatives and funding is expected to support the growth of fracking chemicals market. Other driving factors include growing demand for natural gas as a fuel and favorable regulatory policies. Increasing demand from developing nations, development of environment-friendly fracking chemicals, and technological advancements are expected provide numerous growth opportunities to fracking chemicals market players during the forecast period.

 

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North America generated the highest revenue in the fracking chemicals market in 2017, and is expected to lead the global market throughout the forecast period. The high economic growth in the region, growth in drilling and exploration industries, and growing energy demand are factors expected to drive the fracking chemicals market growth. Increasing disposable incomes, growing urbanization, and increasing industrialization in countries of North America are further expected to support fracking chemicals market growth.  Rising shale gas explorations, and rising demand for natural gas as fuel in the region are expected to further provide growth opportunities during the forecast period.

 

The key players operating in the fracking chemicals market include Halliburton Co., E.I. Dupont De Nemours & Co., BASF SE, Chevron Phillips Chemical Company, Baker Hughes Incorporated, The DOW Chemical Company, Calfrac Well Services Ltd., Albermarle Corporation, Akzo Nobel N.V., and Schlumberger Ltd. 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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Automotive LiDAR Market Technological Advancement & Growth Analysis with Forecast to 2026

 The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research. The report “Automotive LiDAR Market Size By Type (Solid-State LiDAR, Mechanical LiDAR); By Application (Advanced Driver Assistance Systems – (AEB and ACC), Autonomous Vehicle); By Region & Segments Forecast, 2018 – 2026″ provides a holistic analysis of current and predicted market trends. 

 

Light detection and ranging (LiDAR) is a technology based on remote sensing and it is significantly popular among the automobile manufacturers. It is used by these manufacturers in automation systems of vehicles enabling safety. Moreover, the decrease in manufacturing costs of LiDAR due to surge in automation of vehicles is a major factor contributing towards market growth.

 

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Although ADAS has been available since long in the market, OEMs were reluctant to incorporate these systems due to high costs of sensors. However, adoption of LiDAR in the automotive sector is growing due to rising focus towards safety by regulatory bodies, and customers aimed at safeguarding vehicles and passengers. Due to continued focus of governments across multiple countries on enhancing vehicular safety, many regions have witnessed policies enforcing mandatory deployment of Advanced Driving Assistance Systems (ADAS) in vehicles. For instance, EuroNCAP (New Car Assessment Program) crash testing program has been modified to include assessment of ADAS types which will have an impact on the safety rating of vehicles. Eventually, the penetration and adoption of radars and cameras is expected to increase during the forecast period as OEMs increasingly adopt ADAS with the aim of qualifying for the best ratings in terms of vehicle safety.

 

Within automotive LiDAR there are two main applications – ADAS and Autonomous Vehicle. ADAS application accounts for the majority share in automotive Light detection and ranging market; this is majorly attributed to autonomous/self-driving vehicle not available commercially. This trend is expected to continue during the forecast period with the autonomous vehicle application segment gaining progressively as manufacturers work on that technology.

 

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Geographically, the American regional market accounted for the largest share during 2017. While, the Asia Pacific regional market for automotive LiDAR is expected to witness highest growth during the forecast period. Increasing competition is observed among automotive OEMs for developing fully autonomous vehicles in the market. With these rapid advancements in autonomous vehicle technology, the global automotive light detection and ranging market is expected to register considerable growth by 2026. Other important factors such as development of solid-state LiDAR sensors, and significance of the LiDAR sensors in ADAS are also responsible for the market growth.

 

The major companies operating in the automotive LiDAR sector include established players such as Continental AG, Delphi Technologies, Denso Corporation, First Sensor AG, LeddarTech, Novariant (AgJunction), Quanergy Systems, Inc., Robert Bosch GmbH, Scans LLC, Velodyne LIDAR, Inc.

 

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Connected Worker Market Size, Regional Insights and Global Industry Dynamics By 2026

 The global Connected Worker market size is expected to reach USD 9,998.4 million by 2026 according to a new study by Polaris Market Research. The report “Connected Worker Market Share, Size, Trends, Industry Analysis Report By Component; By Technology (RFID Location Triangulation, Wi-Fi, Cellular, Bluetooth, Low-Power Wide-Area Network (LPWAN), Wireless Field Area Network (WFAN), and Zigbee); By Deployment; By End-user (Manufacturing, Construction, Mining, Oil & Gas, and Others); By Regions, Segment Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

In 2019, the hardware segment accounted for the highest segment for the Connected Worker hardware market share in terms of revenue. In terms of software, workforce analytics for connected worker is anticipated to grow at a CAGR of 20.7% from 2020 to 2026 followed by workforce task management. The RFID location triangulation segment is expected to grow to USD 2.90 billion by 2026. In terms of regional market,  Asia-Pacific is expected to grow at a CAGR of more than 22% however Europe and the North American region are expected to be the largest markets for connected workers in 2019.

 

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The increasing safety concerns, and stringent regulations regarding workforce safety majorly drive the market growth. The growing adoption of IoT, increasing broadband internet penetration, use of smartphones, and an increasing proportion of technologically inclined consumers further support the growth of the smart worker market. The growing need to streamline operations to improve productivity and safety would increase the adoption of connected worker during the forecast period. Other driving factors include technological advancements, increasing need for collaborative working environment, growing demand for mobility, and increasing requirement to improve workforce productivity and safety.

 

The connected worker ecosystem tracks the movements and progress of workers through planned and unplanned tasks. The devices record video and audio from the worker’s environment, sense environmental conditions such as the presence of gas, temperature, and vibration, and detect falls and other incidents, thereby improving workforce safety. Wearable technologies are also integrated with displays and augmented reality applications for the delivery of guidance, information and insights to workers, thereby boosting their reliability, productivity and safety.

 

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Connected technologies used in the connected worker ecosystem reduce skills gaps by providing on-the-job guidance for routine procedures. Plant supervisors and managers use connected worker ecosystem for effective route and task planning for current and emerging operational situations. It also offers improved communication and collaboration among workers facilitating capture and sharing of knowledge to increase productivity and efficiency.

 

North America generated the highest market share in terms of revenue in 2019 with the revenue of USD 992.2 million and is expected to lead the global Smart Worker market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of BYOD has accelerated the Smart Worker market growth in the region. The growing demand of mobile devices, automation of tasks, increasing safety concerns, and technological advancements generate numerous opportunities for the Smart Worker market.

 

The well-known companies profiled in the report include the 3M Company, Intel, Wipro, Honeywell International Inc., Fujitsu Ltd., Zebra Technologies, Accenture, Oracle Corporation, Wearable Technologies Limited, Avnet, Inc., Vandrico Solutions Inc., and Smart Track S.R.L. 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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Cryotherapy Market 2020 Market Analysis, Share, Size, Growth, Supply and Manufacturers Research Report 2026

 The global cryotherapy market size is set to achieve 6.72 billion by 2026 at a CAGR of 9.8% according to a new study published by Polaris Market Research. The report Cryotherapy Market Size, Share, Trends, Industry Analysis Report By Device Type (Cryoguns, Cryoprobes, Gas Cylinders, Cryochambers, Gas Pressure Gauges, Thermocouple devices); By Therapy Type (Cryosurgery, Icepack Therapy, Chamber Therapy); By Application Type and By Regions – Segment Forecast 2020-2026 provides an in-depth analysis of present and future market trends.

 

Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.

 

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The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.

 

High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.

 

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The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.++

Polaris Market Research has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:

 

Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)

·         Cryogun

·         Cryoprobes

·         Gas Cylinders

·         Gas Pressure Gauges

·         Thermocouple Devices

Cryotherapy Application Outlook (Revenue USD Million 2025-2026)

·         Oncology

·         Cardiology

·         Dermatology

·         Pain Management

·         Gynecology

Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)

·         Cryosurgery

·         Icepack therapy

·         Cryo chamber therapy

Cryotherapy Regional Outlook (Revenue USD Million 2015-2026)

·         North America (U.S., Canada)

·         Europe (Germany, UK, France, Italy, Spain)

·         Asia-Pacific (China, Japan, India)

·         Latin America (Brazil, Mexico)

·         Middle East and Africa

 

High Performance Thermoplastics Market Growth, Demand and Supply Analysis 2020 to 2026

 The global High-Performance Composites Market size is anticipated to reach $42.18 billion by 2026, growing at a CAGR of 7.3% during the forecast period, according to a report published by Polaris Market Research.

The high-performance composites market is primarily driven by the tremendously growing demand from a wide range of end-use applications. Considerable growth of the commercial aircraft manufacturing segment has crucially boosted the demand of high-performance composites. One another potential driver for the market includes utilization of these composites in the manufacturing of wind turbines and pressure vessels.

 

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The market is also subjected to some restraints including comparatively high production cost and labour-intensive operations. These restraints are anticipated to substantially affect the market in terms of volume especially during price sensitivity. High-performance composites are extensively used in the automobile sector, which is significantly a major goal for the carbon-fibre industry, however, the use of these composites in the production of motor vehicles has just reached an optimum level.

  

Aerospace industry has also been witnessed to be one of the most developed application segments for the market. This is due to the innovative mechanical properties, versatility, and most significantly the cost-effectiveness associated with these composite materials. Among the fibre-type, S-glass category includes the least cost and is also expected to witness a considerable growth in demand on account of crucial opportunities in aerospace, pressure vessels, wind energy, and manufacturing industry.

 

Commercial aerospace applications are the largest consumption sources for these products. These composites include a very high potential to meet the safety and power needs. Initially, boron-based graphite materials were used in the manufacturing of defence aircrafts wherein these are currently consumed in the manufacturing of commercial aircrafts only. High-performance composites are extensively used in automobile sector as these help in making the vehicles cleaner, lighter, safer and significantly cost-effective.

 

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The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global High-Performance Composites Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

 

Competitive Landscape and Key Vendors

The global high-performance composite market constitutes numerous international and domestic players and is fairly concentrated. North America was the largest regional player in 2017. The U.S. has majorly contributed to the demand in the region for these high-performance composites and accounts for a maximum overall share concerning production & consumption especially in aerospace & defence industry. The automobile and construction industries are also potentially large application growth prospects for the market.

 

Some of the leading market plyers in the industry include BASF SE, Albany International Corporation, Teijin Ltd., Arkema SA, Owens Corning Corporation, Solvay S.A., TPI Composites, Inc., Hexcel Corporation, Koninklijke Ten Cate BV, Toray Industries Inc, and SLG Group – the Carbon Company.

 

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Polysilicon Market 2020 Market Analysis, Share, Size, Growth, Supply and Manufacturers Research Report 2026

 The global polysilicon market size is estimated to reach USD 9.68 billion by 2026 says a new report published by Polaris Market Research. The report “Polysilicon Market Share, Size, Trends, Industry Analysis Report By Application (Photovoltaics {Monocrystalline Solar Panel and Multicrystalline Solar Panel} and Electronics), By Regions, Segments & Forecast, 2019 – 2026” gives an accurate analysis of current market indices and taps future market trends.

 

Polysilicon is a high-purity silicon grade and a major raw material for the electronics and photovoltaic (PV) industries. Silicon has profuse abilities from which it is manufactured. The three commercial processes for extracting it from silicon are quite lucrative. Polysilicon finds itself useful in production of PV wafers which is another strong growth factor for global market.

 

The product is characteristically identified by two grades. One is electronics and the other solar. The electronics grade is used to manufacture microelectromechanical systems, optics, power conversion devices and Integrated Circuits. The solar grade is used in manufacturing photovoltaic cell. 

 

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The global solar installations surpassed 100 GW for the first time in 2017. This phenomenon has raised the ranking of polysilicon and wafers that are manufactured. Though the solar installation has grown prolifically on a global basis, the market witnessed less supply in 2017. The weak demand came about due to China with feed-in-tariff deadline and lack of transmission line that occurred in West China form sunnier regions.

 

Globally, solar energy has been actively adopted for different end-use industries in various applications. This has resulted in increased consumption of polysilicon in photovoltaic industry. An improvement in emerging countries of the world with rising disposable incomes has been major parameters for success of these end-use sectors. The demand for consumer electronics has also risen due to such economic and social factors.

 

Polysilicon is extensively used in electrical and electronics industry for manufacture of electrical components such as integrated circuits, which are an integral component in all electronics circuits and assemblies. A rising demand for smart phones, personal computers and data storage devices has given industry wide traction in the electrical and electronics industry globally.

 

China is a major consumer and also the largest PV module-manufacturing base which are factors responsible for growth of market in the country. However, there are minor obstacles in market on account of feed-in-tariff and ongoing trade disputes between China and United States. The situation in China has worsened the financial leg of US because US has lost access to China’s PV manufacturing industry, leaving a huge financial loss in its wake.

 

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Asia Pacific is anticipated to be the largest and fast-growing regional market due to industrial growth of its countries, especially the emerging countries. China, India, South Korea and Japan have significantly contributed to growth in region. The global polysilicon market comprises large multinational and domestic companies. The industry is moderately consolidated and highly competitive.

 

The key industrial players in global polysilicon market include REC Silicon, Wacker Chemie, LDK Solar Company Ltd., Tokuyama Corporation, CSG holdings Co., Ltd., Mitsubishi Materials Corporation and GCL Poly Energy Holdings Ltd.

 

 

Specialty Oleochemicals Market Size, Regional Insights and Global Industry Dynamics By 2026

Specialty oleochemicals are special plant-based industrial chemicals and are highly priced with high profit margins. These oleochemicals exhibit interesting characteristic to be used across wide range of applications. Some of the properties include surface activity, emulsifying properties along with the beneficial biological properties. Specialty oleochemicals hold very crucial advantage of being ‘green’ relative to their petrochemical counterpart.

 

The specialty oleochemicals market is primarily driven by the sustainability factor due to its plant-based raw materials and wide array of applications globally. These chemical compounds are widely used in food, pharmaceuticals, personal care, and other consumer products. Specialty oleochemicals are also used in drilling fluids, paints, inks, agrochemicals, textile materials, and in deicing chemical agents.

 

Rising economic growth of several developing countries in the world, with complex lifestyles and increase in personal disposable incomes has boosted the growth of consumer goods and commodities making use of specialty chemicals. Consumer awareness concerning the environmentally sustainable products has also led to increased demand of end-use products made from specialty oleochemicals.

 

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The supportive regulatory framework has essentially contributed to the growth of the global specialty oleochemicals market. These oleochemicals hold significant potential for replacing petrochemical based products in few end-use applications such as paints, inks, textiles, and plastic & polymer additives. Thus, these specialty compounds represent a positive picture in terms of the growth during the forecast period.

 

Asia Pacific is the dominant regional player for the specialty oleochemicals. The export trade of palm oil, a major raw material for specialty oleochemicals, is dominated by the Southeast Asian countries, mainly Indonesia and Malaysia. These countries have been major exporters of palm oil for almost a decade. However, palm cultivation in these countries have taken place extremely fast, thus a stagnating export is anticipated on account of environmental impacts.

 

North America has also witnessed significantly higher growth in the specialty oleochemicals market. The region has witnessed high demand for personal care and pharmaceutical products that are obtained from natural derivatives. Some minor applications such as drilling fluids and inks markets have also grown substantially in terms of demand.

 

The specialty oleochemicals market is moderately competitive and highly consolidated. It constitutes of large number of domestic and international market players. Integration by key market players from the procurement stage to the distribution stage of the value chain is also a major phenomenon in this market. Some of key oleochemical market players include Emery Oleochemicals, KLK Oleo, IOI Group, Oleon, Evonik Industries, Kao Corporation, Vantage Specialty Chemicals, and Wilmar International.

 

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