Latest Market Research Report 2025

  Ultra High Molecular Weight Polyethylene Industry Overview The global ultra-high molecular weight polyethylene market size was valued at USD 1.97 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2022 to 2030.  Increasing demand from various applications such as batteries, medical-grade & prosthetics, additives, fibers, filtration, and membranes are significantly driving the growth of the ultra-high molecular weight polyethylene (UHMWPE) market. In addition, increasing product demand from defense applications and its superior physical properties as compared to other polymers are factors anticipated to significantly drive the market growth during the forecast period. Ultra-high molecular weight polyethylene is gaining increasing acceptance in defense applications owing to its properties such as resistance to chemicals, moisture, corrosion, & dirt. Furthermore, UHMWPE is preferred over other conventional metals and polym...

  Thermoformed Plastics Industry Overview The global thermoformed plastics market size was estimated at USD 13.45 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% during the forecast period. Globally, the increasing demand for these products in the healthcare and pharmaceutical packaging sector is projected to be a key factor driving the market growth during the projection period. The thermoforming process involves the fabrication of plastic sheets by heating them, to convert them into a bendable form that can be molded into the desired shape as per the customer’s specifications. More recently, thermoformed plastics are being used as a metal replacement using the heavy gauge process, which provides applications in industries such as transportation, industrial equipment, aerospace, kiosks, and medical devices. Gather more insights about the market drivers, restrains and growth of the Global Thermoformed Plastics Market In the medical i...

  Silicone Industry Overview The global silicone market size was valued at USD 14.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2021 to 2028. The growing demand for silicone in various end-user industries including construction, personal care, industrial process, and consumer goods is expected to drive market growth. Properties like chemical stability, versatility, and high resistance to temperature are expected to drive the demand for silicone in the aforementioned end-user industries. Additionally, expanding use of silicone-based products in the evolving market such as electronics, renewable energy, and electric vehicles is expected to boost up the demand for silicone over the forecast period. Based on grades, silicones are divided into three categories, namely medical-grade, food-grade, and industrial grade. Price variations in these grades majorly depend on the type of process involved in the manufacturing, types of catalyst...

  Medical Plastics Industry Overview The global medical plastics market was valued at USD 46.11 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030. The growing geriatric population in North America, Europe, and Asian countries like Japan and the increasing demand for home healthcare are the major factors driving the growth of medical plastics. Enforcement & upgrading of various infection prevention standards coupled with a growing volume of surgical, hospital, and outpatient procedures are anticipated to drive the market growth over the forecast period. Fluctuation in oil prices has been a major factor responsible for volatility in the prices of polyethylene (PE), polypropylene (PP), and polycarbonate (PC). Capacity expansion and contraction have also contributed to price volatility in the market. Gather more insights about the market drivers, restrains and growth of the Global Medical Plastics Market The medical pl...

  Blow Molded Plastics Industry Overview The global blow molded plastics market size was valued at USD 75.7 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2021 to 2028. Growing demand from the key application sectors including construction, automotive, and packaging, particularly in BRICS (Brazil, Russia, India, China, and South Africa), is expected to drive the market over the forecast period. Amid the global Covid-19 pandemic, the demand for various pharmaceutical products, disinfectants, and sanitizers has increased. This, in turn, is driving the demand for blow molded plastics in medical applications. The segment is expected to grow at a higher rate than the consumables & electronics and building & construction segments. There has been a surge of capacity addition in high-growth regions, such as the Middle East and Asia Pacific, over the last few years. These regions are creating a consistent demand for these types of pla...

  Veterinary Software Industry Overview The global veterinary software market size was valued at USD 494.0 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.0% from 2022 to 2030.    Increasing demand for Practice Management Systems (PMS) from veterinary practitioners is a key contributor to the market growth. In addition, growing awareness regarding the benefits of the use of software solutions and an increasing number of clinical visits by pet owners are expected to boost the adoption of software solutions in veterinary practices in the coming years. The animal health industry is impacted by an increase in companion pet ownership and concerns over pet health. A growing focus on the efficiency and safety of livestock production is also another growth propeller.     Gather more insights about the market drivers, restrains and growth of the Global Veterinary Software Market   Developers of PMS systems offe...

  Personalized Medicine Industry Overview The global personalized medicine market size was valued at USD 493.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028.   The growth of the market can be primarily attributed to the rising interest in biomarkers identification for therapy, diagnosis, and prognosis for personalized medicine development. Researchers are focusing on the identification and monitoring of different biomarkers that can be later used for developing efficient personalized medicine and pharmacogenomics.   Gather more insights about the market drivers, restrains and growth of the Global Personalized Medicine Market   For instance, based on a recent study published in July 2020, researchers are developing a multi-analyte test strip that is used for monitoring even the slightest deviations in the biomarker profile. The technology will combine big-data analysis along with advan...