Traditionally glass was the only preferred material for pharmaceutical bottles as its offers resistance to chemical contents for pharmaceutical products. But the fragile and heavy-weight characteristics of glass pose a challenge at the time of transporting the products leading to product damage, and ultimately affecting the revenue of the manufacturer.
Infant formula ingredients such as human milk oligosaccharides have been gaining popularity in the recent past as an infant formula ingredient to cater to the demands of the baby nutrition segment. Health benefits associated with the consumption of human milk oligosaccharides include maintaining gut microbiota and inhibition of pathogen in infants.
The global atopic dermatitis treatment market is poised to grow from close to US$ 7,225 Mn in 2017 to nearly US$ 24,000 Mn by 2027 end. This represents a CAGR of 12.8% over the forecast period. Revenue from the global atopic dermatitis treatment market is estimated to increase 4.1X during the period 2017 – 2027. This massive growth can be attributed to a rising prevalence of atopic dermatitis across the world as well as the introduction of innovative therapeutic options.
Consumption of coil coatings in Canada was pegged at close to 40 KT in 2016 and is expected to increase at a CAGR of 4.1% by volume over the forecast period to reach a little more than 60 KT by the end of 2027. Canada is expected to gain 70 BPS in market share over the forecast period to account for more than US$ 300 Mn by the end of 2027. This represents a CAGR of 4.3% in terms of value. However, the U.S. dominates the North America coil coatings market in terms of value. The market in the country is mainly propelled by the rising demand for coil coating materials from the construction industry.
Global sales of lubricant packaging is estimated to be valued at nearly US$ 6,200 Mn in 2017 and is expected to reach nearly US$ 8,800 Mn by the end of 2025, exhibiting a CAGR of 4.5% over the forecast period. The global sales revenue of the lubricant packaging market is expected to grow 1.4X over the forecast period. Several factors are responsible for this growth. A few of them are outlined below.
The substantial developments in North America stand in stark contrast to the relatively modest improvements observed in the global dental caries and endodontic market. This is mainly due to the growth of high-margin dental products such as dental bridges, caps, and implants. There is a noticeable trend seen in North America where patients demand premium quality, high-priced dental products because of Medicare improvements and strong customer loyalty.
In 2017, the global food testing and certification market is estimated to be valued at nearly US$ 8,500 Mn, which is estimated to register a CAGR of 6.6% over the forecast period (2017-2027) to reach nearly US$ 16,050 Mn by the end of 2027.
The capacitive force sensor segment is projected to be the most attractive segment in the APEJ force sensor market during the forecast period. In terms of value, the piezo-electric force sensor segment is predicted to be the most attractive segment in the North America and Western Europe force sensor markets during 2017 – 2027. This segment is also anticipated to register high Y-o-Y growth throughout the forecast period in North America and Western Europe.
One third of the agricultural land in the U.S. is meant particularly for exports, which drives the need for bulk packaging. Bulk containers offer several advantages such as reusability and cost efficiency, leading to their wide applicability across all regions of North America.
The Passenger Cars segment gained 40 BPS from 2012 to 2017 and is projected to gain 110 BPS between 2017 and 2027. The segment dominates in comparison to the LCV and HCV segments owing to an increased production of passenger cars. The Passenger Cars segment is projected to create total incremental $ opportunity of more than US$ 5,000 Mn between 2017 and 2027.