Liquefied Petroleum Gas Market 2030 Revenue, Top Key Drivers by Manufacturers and Outlook

The global liquefied petroleum gas market size was estimated at USD 117.3 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Growing awareness about the benefits correlated to the usage of LPG to substitute fossil fuels and the rising adoption of clean and green energy sources across developed and developing countries are some of the factors likely to boost the LPG market’s growth. Additionally, technological aspects coupled with the growing number of initiatives taken by governments to educate the rural people to substitute LPG with traditional cooking fuels such as kerosene, wood, and coal which is likely to play a vital role in the industry’s growth.

The growing population and increasing demand for liquefied petroleum gas as a vehicle emission gas are likely to boost the growth of the market. Besides, the high cost of installation related to liquefaction process equipment and technology may affect the demand and can confine the growth of the market during the projection timeframe. Rise in government initiatives across countries such as India, Indonesia, and China to inspire liquefied petroleum gas applications on account of its prolonged benefits as a cooking fuel are anticipated to boost the market growth over the upcoming years.

In the United Kingdom., LPG is gradually being considered as a striking option for commercial assets joined with low-carbon and renewable technologies to assimilate a consistent year with round-the-clock electricity supply with carbon savings. The improving R&D in the liquefied petroleum gas industry is projected to propel the market growth in the upcoming years.

Gather more insights about the market drivers, restrains and growth of the Global liquefied petroleum gas market

Liquefied Petroleum Gas Market Segments Highlights:

  • The non-associated gas source type accounted for more than USD 62.0 billion in 2022. The sources of the fuel differ from area to area, for example, in North America the majority of the gas is procured from natural gas processing units.
  • The demand for liquefied petroleum gas from associated gas in the Asia Pacific region was more than 17.0 million tons in 2022. It is likely to reach more than 23.0 million tons by 2030, increasing at an assessed CAGR of over 3.0% from 2023 to 2030.
  • The United States shale boom has occurred as a major drift resulting in excess in the global LPG market.
  • The chemical application type accounted for more than USD 19 billion in 2022. Commercial and residential application accounted for a substantial share in the LPG market.
  • Autogas is also projected to witness substantial growth in the near future owing to increasing alternate fuel demand in the transportation sector to minimize environmental concerns such as carbon emission levels and pollution levels.
  • Asia Pacific led to a surge in the global market with a net demand of more than 83.0 million tons in 2022. Population growth, ample resource availability, and high energy necessities coupled with easy affordability owed to the existence of government subsidies on LPG cylinders have been the key factors accountable for high market penetration.
  • India is a prominent importer of liquefied petroleum gas demand in 2022, taking consignments at a steady rate from the United States and Middle East regions to fund domestic fuel usage.
  • The LPG demand in Europe was more than USD 33.0 billion in 2022 and is expected to reach over USD 43.0 billion, growing at an estimated CAGR of over 3.0% from 2023 to 2030.
  • In Europe, Russia is forecasted to grow at the fastest CAGR of 4.9% in terms of revenue over the forecast period.

Browse through Grand View Research’s Conventional Energy Industry Research Reports.

  • Coal to Liquid (CTL) Market: The global coal-to-liquid (CTL) market size was valued at USD 4.05 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030.
  • Digital Oilfield Market: The global digital oilfield market size was valued at USD 27.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030.

Liquefied Petroleum Gas Market Segmentation

Grand View Research has segmented the global liquefied petroleum gas market report based on source, application, and region:

Liquefied Petroleum Gas Source Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 – 2030)

  • Refinery
  • Associated Gas
  • Non-Associated Gas

Liquefied Petroleum Gas Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 – 2030)

  • Residential/Commercial
  • Chemical
  • Industrial
  • Autogas
  • Refinery
  • Others

Liquefied Petroleum Gas Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • Central and South America
  • Middle East and Africa

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Clear Aligners Market 2030 Trending Key Companies, Growth and Regional Forecasts

The global clear aligners market size was valued at USD 5.13 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 30.7% from 2024 to 2030. Clear aligners are a series of tight-fitting custom-made mouthpieces or orthodontic systems that are useful in correcting misaligned or crooked teeth. Clear aligners are virtually discreet and removable alternatives to braces designed around patients’ convenience and flexibility. Factors such as the growing patient population suffering from malocclusions, rising technological advancements in dental treatment, and growing demand for customized clear aligners are driving the overall market growth. The pandemic had a positive impact on the market globally and key players recovered with high revenues in 2020 as compared to previous years. For instance, according to Dental Tribune, Align Technology sold a record 1.6 million cases of clear aligners in 2020 as compared to 1.5 million cases in 2019.

The company also stated that the adoption of Invisalign aligners by adults and teenagers increased by 36.7% and 38.7%, respectively in 2020 and the adoption of aligners among teens or younger patients was highest during the pandemic. The major factor for the growth of this marker was that people were more reluctant to go to an orthodontist’s office to get traditional teeth braces which increased the adoption of clear aligners. The advent of pandemics helped the industry prosper in terms of adoption, sales, and revenue, and this trend is expected to continue in the future.

Gather more insights about the market drivers, restrains and growth of the Global clear aligners market

Clear Aligners Market Segments Highlights:

  • The adults segment held the largest share of 60.2% in 2023 and is expected to grow at a significant CAGR over the forecast period.
  • The teens segment is expected to reciprocate high growth over the forecast period. The FDA approved, Invisalign clear aligners developed by Align Technology, have been used in the treatment of 5 million people as of 2018 and worldwide Invisalign shipments to teenagers were about 87.1 thousand cases as of 2018.
  • The polyurethane segment held the largest share of 76.5% in 2023 owing to the presence of invisalign clear aligners that are made of polyurethane material type.
  • The standalone practitioners segment held the highest share of 52.8% in 2023 and is also reciprocating significant CAGR over the forecast period. As standalone practitioners are readily adopting clear aligners systems and are equipped with advanced digital technologies.
  • The offline segment held the highest share of 74.6% in 2023, since, Align Technology is the most dominant player in the global market, and the company carries out its sales operations solely through offline channels.
  • North America dominated the market capturing 57.01% share in 2023 and is expected to showcase a significant CAGR in the forecast period. This is attributed to increasing R&D investments and the local presence of global players & their efforts to obtain new patents.
  • Factors like increasing awareness regarding the recent development in dental hygiene, various convenient options available for treating teeth misalignment, and a surge in beauty standards have propelled people to opt for aligners, in turn, increasing the U.S. clear aligners market growth.
  • APAC region is expected to witness the highest CAGR over the forecast period due to increasing demand for clear aligners in developing economies, namely India and China.
  • Europe is the second largest contributor to clear aligners market.
  • The growing importance of aesthetics and improved self-confidence post-treatment are factors boosting the market growth.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

  • Ambient Assisted Living Market: The global ambient assisted living market size was valued at USD 7.36 billion in 2023 and is projected to grow at a CAGR of 26.8% from 2024 to 2030.
  • Spinal Fusion Devices Market: The global spinal fusion devices market size was valued at USD 7.03 billion in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030.

Clear Aligners Market Segmentation

Grand View Research has segmented the global clear aligners market on the basis of on age, material type, end-use, distribution channel, and region:

Clear Aligners Age Outlook (Revenue, USD Million, 2018 – 2030)

  • Adults
  • Teens

Clear Aligners Material Type Outlook (Revenue, USD Million, 2018 – 2030)

  • Polyurethane
  • Plastic Polyethylene Terephthalate Glycol
  • Others

Clear Aligners End-use Outlook (Revenue, USD Million, 2018 – 2030)

  • Hospitals
  • Stand Alone Practices
  • Group Practices
  • Others

Clear Aligners Distribution Channel Outlook (Revenue, USD Million, 2018 – 2030)

  • Online
  • Offline

Clear Aligners Regional Outlook (Revenue, USD Million, 2018 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Carbon Black Market 2030 Forecast, Future Outlook, Share, Trends, Application

The global carbon black market size was valued at USD 22.35 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2030. Rising product usage in the production of plastics is anticipated to drive growth. Moreover, the rising usage of these plastics in electrical and electronic components will boost product demand. It is produced either by thermal decomposition or partial combustion method, which includes oil or natural gas as a feedstock. It is produced by four different processes, which are the furnace black process, channel process, acetylene black process, and Lampblack process. Growing environmental concerns coupled with the developing automotive industry is expected to drive the growth of the U.S. market. The refurbishing trend has resulted in increased demand for high-performance coatings in automotive as well as other industries, such as marine, aerospace, and industrial.

The product helps improve the strength and longevity of tires by providing better abrasion resistance and tensile strength. Also, growing construction and manufacturing sectors utilizing industrial rubber and equipment are anticipated to positively impact the demand over the forecast period. Carbon black market prices are mainly based on raw materials, auxiliary materials, and utilities. The crude oil price fluctuation has a major impact on the pricing of carbon black. Some other macro-level factors influencing the price include working capital and pre-operational costs. The installation and setup, capitalized interests, project engineering and management, and commissioning costs are included under the pre-occupational costs.

Gather more insights about the market drivers, restrains and growth of the Global carbon black market

Carbon Black Market Segments Highlights:

  • The standard grade segment dominated the market and accounted for the largest revenue share of over 60% in 2023. The segment is projected to grow owing to increasing demand for rubber and plastics across various industries, coupled with technological advancements and quest sustainable solutions.
  • Furnace Black dominated the market and accounted for a share of over 40% in 2023. Furnace black is the most commonly used method owing to its maximum production capacity.
  • Tires emerged as a dominant application segment accounting for 68.8% of the overall revenue share in 2023. The product is widely used in tire manufacturing by adding rubber as a strengthening agent and as a filler.
  • The plastics segment emerged as the fastest-growing segment in 2023. Carbon blacks are widely used for films, conductive packaging, moldings, fibers, semi-conductive cable compounds, and pipes in products, such as industrial bags, refuse sacks, stretch wraps, agriculture mulch film, and photographic containers.
  • Asia Pacific carbon black market led the global market with a revenue share of 63.3% in 2023 followed by Europe and North America.
  • Major manufacturers are shifting their manufacturing facilities to countries like India, and Vietnam, as they have lower labor costs and support from the respective governments.
  • North America carbon black market is dominated by the U.S., both in terms of product consumption and production. The demand for tires in North America has increased with a rise in the number of tires being replaced every year.

Browse through Grand View Research’s Petrochemicals Industry Research Reports.

  • Naphtha Market: The global naphtha market size was valued at USD 189.5 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030.
  • Diesel Exhaust Fluid Market: The global diesel exhaust fluid market size was valued at USD 36.66 billion in 2023 and is projected to grow at a CAGR of 7.9% from 2024 to 2030.

Carbon Black Market Segmentation

Grand View Research has segmented the carbon black market on the basis of on type, application, grade, and region:

Carbon Black Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

  • Furnace Black
  • Channel Black
  • Thermal Black
  • Acetylene Black
  • Others

Carbon Black Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

  • Tire
  • Non- tire Rubber
  • Plastics
  • Inks & Coatings
  • Others

Carbon Black Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

  • Standard Grade
  • Specialty Grade

Carbon Black Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

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Bubble Tea Industry Growth Analysis & Forecast Research Report, 2030

The global bubble tea market size was valued at USD 2.75 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030. Increasing the intake of tea and coffee as nootropic drinks among working individuals and students is a major factor in the market growth. Moreover, the low-calorie contents and zero fat of such beverages are propelling the demand further. The growing popularity of various types of hot beverages is also likely to drive the demand for bubble tea. In addition, health experts suggest that balanced consumption of such beverages improves concentration and brain function. Bubble tea is gaining popularity owing to its different tastes and availability of various flavors, such as fruits, coffee, chocolate, and simple classic.

The bubble tea beverages are prepared along with ice, flavored syrups, and sugar. Growing preference for tea, coffee, and other flavored beverages more than carbonated drinks is expected to boost product demand during the forecast period. The market experienced slow growth on account of the COVID-19 pandemic, which caused continuous lockdowns in major cities across the globe. There was a shortage in raw material supply. The production of jelly-like pearls made of tapioca was stopped during the pandemic, which had a negative impact on the market growth. However, the popularity of bubble tea has increased over the decades and the industry is expected to expand rapidly post-pandemic.

Gather more insights about the market drivers, restrains and growth of the Global bubble tea market

Bubble Tea Market Segments Highlights:

  • The black tea segment dominated the industry in 2022 and accounted for the maximum share of more than 42.85% of the overall revenue and is expected to maintain dominance over the forecast period. This growth is attributed to the authentic natural flavor of black tea.
  • The green tea segment is expected to register the highest CAGR from 2023 to 2030 due to the presence of loads of antioxidants in green tea, which are known for providing good health.
  • The fruit flavor segment accounted for the maximum share of more than 37.85% of the overall revenue in 2022.It is expected to maintain the leading position throughout the forecast period.
  • The availability of various fruit flavors, namely strawberry, mango, passion fruit, watermelon, pineapple, cantaloupe, avocado, peach, coconut, lychee, grape, honeydew, kiwi, and banana, is the key factor driving the segment growth.
  • The taro flavor segment is anticipated to register the fastest growth rate from 2023 to 2030 owing to the flavor’s vanilla-like taste and creamy & starchy texture.
  • North America led the industry in 2022 and accounted for the largest share of over 36.00% of the overall revenue. The high share can be attributed to the high demand & consumption of fruity flavors-based tea beverages.
  • Asia Pacific is anticipated to register the fastest growth rate from 2023 to 2030 owing to the increasing demand for healthy hot beverages.

Browse through Grand View Research’s Consumer F&B Industry Research Reports.

  • Fox Nuts Market: The global fox nuts market size was valued at USD 44.4 billion in 2023 and is projected to grow at a CAGR of 11.9% from 2024 to 2030.
  • Sports Drink Market: The global sports drink market size was valued at USD 38.42 billion in 2023 and is projected to grow at a CAGR of 8.9% from 2024 to 2030.

Bubble Tea Market Segmentation

Grand View Research has segmented the global bubble tea market on the basis of type, flavor, and region:

Bubble Tea Type Outlook (Revenue, USD Million, 2017 – 2030)

  • Black Tea
  • Green Tea
  • Oolong Tea
  • White Tea

Bubble Tea Flavor Outlook (Revenue, USD Million, 2017 – 2030)

  • Fruit
  • Taro
  • Strawberry
  • Classic
  • Coffee
  • Others

Bubble Tea Regional Outlook (Revenue, USD Million, 2017 – 2030)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Taiwan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

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Petrochemicals Industry Growth Trends, Research and Revenue Analysis, 2030

The global petrochemicals market size was valued at USD 619.28 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. The demand for the product is attributed to an increase in the demand for downstream products from various end-use industries such as construction, pharmaceuticals, and automotive, which is a major factor driving the growth. Petrochemical is a vital component for many industrial processes and hence forms the backbone of an industrial economy. Some of the products derived from petrochemicals include tires, industrial oil, detergents, plastics, etc. Basic plastic derived from the product act as a building block in the manufacturing of consumer goods.

End-use industries evaluate the quality of products supplied from time to time and establish procurement agreements with suppliers to purchase petrochemical derivatives in bulk and ensure their stable and seasonal supply. An increasing number of product suppliers in petrochemicals market in U.S. has resulted in the high bargaining power of the buyers. The industry is significantly affected by the prices of crude oil as it is a basic raw material used for the manufacturing of the product. The volatility in the prices and supply of crude oil has affected the production cost of petrochemicals, which, in turn, makes their production process costly. Factors such as the growing inclination of consumers in developed and developing regions toward environment-friendly products and the volatile prices of raw materials of petrochemicals are likely to hamper the market growth in the coming years.

Gather more insights about the market drivers, restrains and growth of the Global petrochemicals market

Petrochemicals Market Segments Highlights:

  • Ethylene dominated the market with revenue share of more than 40.0% in 2023. This is attributed to the increasing demand for ethylene from various industries such as construction, packaging, and transportation.
  • The methanol segment is predicted to witness the highest CAGR of 8.9% over the forecasted period. Methanol is used as a feedstock for producing acetic acid and formaldehyde, which are used in foams, adhesives, foams, solvents, plywood subfloors, and windshield washer fluids.
  • Butadiene was the second-largest product segment in 2023 and accounted for more than 14.0% of the revenue share. It is majorly utilized as a chemical intermediate and a monomer during the production of polymers such as styrene-butadiene rubber (SBR), Polybutadiene Rubber (PBR), Polychloroprene (PBR), and Nitrile Rubber (NR).
  • Asia Pacific region dominated the petrochemicals market size with a share of more than 51.0% in 2023. This is attributed to the flourishing chemicals industry and the increase in polymer consumption.
  • The petrochemicals market in India is witnessing robust growth, driven by the country’s expanding industrial and manufacturing sectors and substantial investments in capacity expansions and technology upgrades by leading players.
  • Europe is anticipated to witness a CAGR of 6.8% over the forecasted period. This is attributed due to the ongoing recovery of the overall manufacturing sector from the global pandemic in Europe coupled with the addition to oil & gas capacity in the region is anticipated to drive the industry’s growth.

Browse through Grand View Research’s Petrochemicals Industry Research Reports.

  • Fracking Chemicals And Fluids Market: The global fracking chemicals and fluids market size was valued at USD35.81 billion in 2023 and is projected to grow at a CAGR of 6.7% from 2024 to 2030.
  • Automotive Engine Oil Market: The global automotive engine oil market size was valued at USD 41.2 billion in 2023 and is projected to grow at a CAGR of 3.7% from 2024 to 2030.

Petrochemicals Market Segmentation

Grand View Research has segmented the global petrochemical market report on the basis of Product, and region

Petrochemicals Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 – 2030)

  • Ethylene
    • Polyethylene
    • Ethylene oxide
    • EDC
    • Ethyl benzene
    • Others
  • Propylene
    • Polypropylene
    • Propylene oxide
    • Acrylonitrile
    • Cumene
    • Acrylic acid
    • Isopropanol
    • Other
  • Butadiene
    • SB Rubber
    • Butadiene rubber
    • ABS
    • SB latex
    • Others
  • Benzene
    • Ethyl benzene
    • Phenol/cumene
    • Cyclohexane
    • Nitrobenzene
    • Alkyl benzene
    • Other
  • Xylene
  • Toluene
    • Solvents
    • TDI
    • Others
  • Methanol
    • Formaldehyde
    • Gasoline
    • Acetic acid
    • MTBE
    • Dimethyl ether
    • MTO/MTP
    • Other

Petrochemicals Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

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Home Infusion Therapy Industry In-depth Analysis and Forecast Report, 2030

The global home infusion therapy market size was valued at USD 35.96 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. Home infusion therapy involves delivering therapeutic treatments, medications, or fluids directly into a patient’s bloodstream through intravenous (IV) infusion, usually in the comfort and convenience of their home.

The growth of the market is driven by several key factors, including the expanding geriatric population characterized by decreased mobility, a rising preference for home care, and the swift evolution of technological advancements. Infusion therapy, encompassing essential components like IV therapy and IV hydration therapy, plays a crucial role in addressing conditions such as immune deficiencies, cancer, and congestive heart failure, where oral medication is not a viable treatment option. The increasing demand for these therapies stems from the need for long-term treatment among patients, positioning home infusion therapy as a notably cost-effective alternative to hospital-based care. The incorporation of IV therapy and IV hydration therapy serves as a driving force, providing patients with enhanced accessibility to effective and personalized medical solutions in the comfort of their homes.

Gather more insights about the market drivers, restrains and growth of the Global home infusion therapy market

Home Infusion Therapy Market Segments Highlights:

  • The infusion pumps segment accounted for the largest revenue share of over 51.3% in 2023. Infusion pumps, designed for controlled delivery of fluids, medications, and nutrients, were initially exclusive to healthcare facilities but are now widely adopted in outpatient settings.
  • Needleless connectors are anticipated to register the highest CAGR over the forecast period. Needless connectors are small devices employed in intravenous systems to reduce needlestick injuries, thereby preventing bacterial contamination and improving safety.
  • The anti-infective segment dominated the market for home infusion therapy in 2023 with a revenue share of over 26.9%. This is attributed to the considerable number of procedures performed for the administration of antifungal and antibiotic drugs.
  • Chemotherapy is estimated to be the fastest-growing segment over the forecast period. With the growing incidences of cancer, the demand for pressure pumps is expected to increase in the coming years.
  • North America dominated the market in 2023 with a revenue share of over 56.22% and this trend is expected to continue throughout the forecast period. This can be attributed to the increasing R&D in the region and the rising adoption of new technology in infusion pumps.
  • The Asia Pacific market is expected to register the fastest CAGR over the forecast period. This is attributed to rising patient awareness regarding the benefits of home infusion therapy over in-hospital procedures and the growing prevalence of diabetes in the region.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

  • Emergency Medical Services Product Market: The global emergency medical services product market size was valued at USD 22.5 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.
  • Nonmydriatic Fundus Cameras Market: The global nonmydriatic fundus cameras market size was valued at USD 173.5 million in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.

Home Infusion Therapy Market Segmentation

Grand View Research has segmented the global home infusion therapy market on the basis of on product, application, and region:

Home Infusion Therapy Product Outlook (Revenue, USD Million, 2018 – 2030)

  • Infusion Pumps
    • Elastomeric
    • Electromechanical
    • Gravity
    • Others
  • Intravenous Sets
  • IV Cannulas
  • Needleless Connectors

Home Infusion Therapy Application Outlook (Revenue, USD Million, 2018 – 2030)

  • Anti-infective
  • Endocrinology
    • Diabetes
    • Others
  • Hydration Therapy
    • Athletes
    • Others
  • Chemotherapy
  • Enteral Nutrition
  • Parenteral Nutrition
  • Specialty Pharmaceuticals
  • Others

Home Infusion Therapy Regional Outlook (Revenue, USD Million, 2018 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Order a free sample PDF of the Home Infusion Therapy Market Intelligence Study, published by Grand View Research.

False Eyelashes Market Outlook, Share, Opportunities and Forecast to 2030

The global false eyelashes market size was valued at USD 1.62 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. The growing trend of enhancing beauty through makeup, cosmetics, and beauty products is the factor driving the growth of the market. Moreover, varying fashion trends, increasing personal care consciousness, rising awareness of eye products by beauty experts, urbanization, and promotion on social media platforms by influencers drive market growth. Eye infection and injuries, owing to formaldehyde compound-based eyelashes, are the major restraint of the market. Large competition from local companies and governmental import/export limitations pose challenges to market development globally.

False eyelashes are worn by women (sometimes men) to solidify the upper eyelashes. False eyelashes are available in multipack packages with individual lashes, clusters of lashes, or lash strips. Individual lashes or groups of lashes are useful areas that are thin, or at the outside part of the eyelid to accomplish a specific effect. Natural false eyelashes may be applied by a trained beautician and these are typically designed to be semi-permanent.

Gather more insights about the market drivers, restrains and growth of the Global false eyelashes market

False Eyelashes Market Segments Highlights:

  • The individual segment is projected to attain the fastest CAGR of 6.6% during the forecast period. Individual false eyelashes are obtainable in single as well as flared forms, reliant on the inclination of the customers, and offer a natural yet dramatic look.
  • The strip segment dominated the market in terms of share and is expected to expand at a CAGR of 6.1% during the forecast period.
  • The natural segment is estimated to expand at the fastest CAGR of 6.5% during the forecast period. These products are manufactured from mink hair, sable hair, human hair, or silk. They are relatively lighter, finer in texture, and very flexible than their equivalents.
  • The synthetic segment is expected to increase with a CAGR of 6.0% during the forecast period. Synthetic lashes are manufactured from acrylic material, rubber, or polymers, and their supremacy is attributed to their cheapness.
  • The online segment is projected to develop with the fastest CAGR of 8.1% during the forecast period. These channels have become largely famous among customers, mainly due to the convenience they provide.
  • The convenience stores segment grabbed a considerable market in terms of share and is expected to expand at a CAGR of 5.4% during the forecast period.
  • Asia Pacific is anticipated to attain the fastest CAGR of 6.7% during the forecast period. Rising awareness about developing beauty trends and the availability of new and more effective products in the markets of India, China, South Korea, and the Philippines, among others, will drive the regional market during the forecast period.
  • North America accounted for the highest market share of over 36.0% in 2021. This is attributed to the Celebrities and lash companies largely focused on promoting their products to build their business revenues from the U.S. and Canada.

Browse through Grand View Research’s Clothing, Footwear & Accessories Industry Research Reports.

  • Activewear Market: The global activewear market size was valued at USD 406.83 billion in 2024 and is expected to grow at a CAGR of 9.0% from 2025 to 2030.
  • Neckwear Market: The global neckwear market size was valued at USD 3.96 billion in 2023 and is expected to grow at a CAGR of 4.4% during the forecast period.

False Eyelashes Market Segmentation

Grand View Research has segmented the global false eyelashes market based on the product, constituent, distribution channel, region:

False Eyelashes Product Outlook (Revenue, USD Million, 2017 – 2030)

  • Strips
  • Cluster/Accent
  • Individual
  • Others

False Eyelashes Constituent Outlook (Revenue, USD Million, 2017 – 2030)

  • Natural
  • Synthetic

False Eyelashes Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

  • Online
  • Convenience Stores
  • Hypermarkets & Supermarkets

False Eyelashes Regional Outlook (Revenue, USD Million, 2017 – 2030)

  • North America
    • US
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

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Coronary Stents Market Demand, Trend & Top Key Players Update By 2030

The global coronary stents market size was estimated at USD 9.32 billion in 2022 and is expected to grow a compound annual growth rate (CAGR) of 3.1% from 2023 to 2030. Growing aging population and a rising prevalence of noncommunicable diseases such as cardiovascular diseases (CVDs), complex lesions, diabetes, obesity, and others are expected to drive demand for coronary stents over the forecast period. According to the World Health Organization (WHO), in 2019, CVDs were among the major causes of mortality worldwide of which ischemic heart disease (IHD) ranks as the most prevalent. In 2019, an estimated 17.9 million people died from CVDs, responsible for 32% of worldwide mortalities.

According to research published by the National Library of Medicine in June 2021, one of the CVDs, coronary artery disease (CAD), causes roughly 6,10,000 fatalities yearly (an estimated 1 in 4 deaths) and is the major cause of mortality in the U.S. As a result, the unprecedented rise in CAD incidence is predicted to boost demand for an effective coronary stent device for treatment. This factor is expected to bolster the demand throughout the forecast period. Since a coronary stent is used in most of the Percutaneous Coronary Intervention (PCI) procedures.

Gather more insights about the market drivers, restrains and growth of the Global coronary stents market

Coronary Stents Market Segments Highlights:

  • The Drug-Eluting Stents (DES) segment dominated the market for coronary stents and held the largest revenue share of 66.5% in 2022. The continued advancement and launch of new devices are important factors in strengthening DES’s dominance as the preferred device for PCI procedures.
  • The bioresorbable vascular scaffold segment is expected to be the second fastest growing segment due to its several advantages in treating coronary artery disease including temporary placement in the patient heart, ease for future treatments as it degrades over 3 years, and it dissolve completely in the patient body.
  • The bare metal stents (BMS) segment is expected to have a steady growth rate over the coming year.
  • Product launches, approvals, strategic acquisitions, and innovations are some of the crucial business strategies adopted by market participants to maintain and grow their global reach.
  • North America dominated the coronary stents market and accounted for the largest revenue share of 32.6% in 2022 and is anticipated to witness the same trend over the foreseeable future.
  • The Asia Pacific market for coronary stents is expected to exhibit the fastest growth rate in terms of revenue generation. This market is driven by some additional variables of enhanced screening for CAD, economic growth, regulatory updates, and notable beneficial reimbursement in some the countries such as Australia and South Korea.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

  • Ambient Assisted Living Market: The global ambient assisted living market size was valued at USD 7.36 billion in 2023 and is projected to grow at a CAGR of 26.8% from 2024 to 2030.
  • Spinal Fusion Devices Market: The global spinal fusion devices market size was valued at USD 7.03 billion in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030.

Coronary Stents Market Segmentation

Grand View Research has segmented the global coronary stents market based on product, and region:

Coronary Stents Product Outlook (Revenue, USD Million, 2018 – 2030)

  • Bare Metal Stents (BMS)
  • Drug-Eluting Stents (DES)
    • Biodegradable
    • Non-Biodegradable
  • Bioresorbable Vascular Scaffold

Coronary Stents Regional Outlook (Revenue, USD Million, 2018 – 2030)

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Sweden
    • Norway
    • Denmark
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Kuwait

Order a free sample PDF of the Coronary Stents Market Intelligence Study, published by Grand View Research.

LiDAR Industry Evaluation, Competition Tracking & Regional Analysis By 2030

The global LiDAR market size was valued at USD 1.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. The technological advancements in spatial resolution of LiDAR-based digital terrain models are providing better accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways. The growth of the market is attributed to the rising automation in LiDAR to reduce human efforts and increase efficiency.

The rising demand for 3D imagery in application areas such as military & defense, topographical surveys, civil engineering, and corridor mapping is expected to drive the market growth over the forecast period. Textured 3D imagery is applied in applications such as 3D mapping, city planning, and corridor mapping. The installation of advanced safety features is increasing exponentially. Moreover, in countries such as the U.S., self-driving cars are approved by the government on the road; these vehicles are integrated with LiDAR for GPS and navigation applications.

Gather more insights about the market drivers, restrains and growth of the Global LiDAR market

LiDAR Market Segments Highlights:

  • The airborne segment dominated the market and accounted for a revenue share of 37.7% in 2021. The growth of the segment is expected to continue for the next few years owing to the increasing adoption of aerial mapping devices.
  • Terrestrial LiDAR can be both mobile and stationary and operated only on the surface of the Earth. Static terrestrial scanning is a frequently preferred survey method for monitoring, conventional topography, forensics, and cultural heritage documentation.
  • The laser scanner segment dominated the market with a revenue share of 45.5% in 2021. In 2021, aerial scanning and mapping operations were expected to witness increased demand owing to their higher adoption worldwide.
  • The laser scanner segment is expected to witness notable growth with a CAGR of 11.5% over the forecast period. Laser scanners can record an intensity value to offer a return signal strength that distinguishes objects of variable reflectivity.
  • The corridor mapping segment dominated the market with a revenue share of 38.1% in 2021.
  • The ADAS segment is anticipated to register the highest CAGR of 13.9% over the forecast period owing to the surging incorporation of LiDAR-based sensors in various automotive safety applications.
  • The corridor mapping segment is expected to witness a reduction in market share over the forecast period. Low-speed collision avoidance systems and driver assistance systems are among the most popular technologies.
  • North America dominated the market in 2021 with a revenue share of 36.6% owing to the increasing adoption of administrative regulations mandating the installation of specific automotive safety technologies in both lightweight and heavyweight vehicles in the region.
  • Asia Pacific is expected to emerge as the fastest-growing region with a CAGR of 14.4% from 2022 to 2030.

Browse through Grand View Research’s Next Generation Technologies Industry Research Reports.

  • Connected Hardhats Market: The global connected hardhats market size was estimated at USD 103.8 million in 2023 and is projected to grow at a CAGR of 15.7% from 2024 to 2030.
  • Legal Bill Review Software Market: The global legal bill review software market size was estimated at USD 1.46 billion in 2023 and is projected to grow at a CAGR of 10.9% from 2024 to 2030.

LiDAR Market Segmentation

Grand View Research has segmented the global LiDAR market based on product type, application, component, and region:

LiDAR Product Type Outlook (Revenue, USD Million, 2017 – 2030)

  • Airborne
  • Terrestrial
  • Mobile & UAV

LiDAR Application Outlook (Revenue, USD Million, 2017 – 2030)

  • Corridor Mapping
  • Engineering
  • Environment
  • Exploration
  • Advanced Driver Assistance Systems (ADAS)
  • Others

LiDAR Component Outlook (Revenue, USD Million, 2017 – 2030)

  • Laser Scanners
  • GPS
  • Navigation (IMU)
  • Others

LiDAR Regional Outlook (Revenue, USD Million, 2017 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Order a free sample PDF of the LiDAR Market Intelligence Study, published by Grand View Research.

Cell Culture Industry 2030 Overview, Regional Outlook, Growth Report

The global cell culture market size was estimated at USD 16.59 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.32% from 2023 to 2030. Its growth can be attributed to the rapid adoption of cell culture techniques to develop substrates for the safe production of viral vaccines, and the rising global demand for advanced therapy medicinal products. Furthermore, novel three-dimensional cell culture techniques and the growing need for them in biopharmaceutical development & vaccine production are expected to drive the market growth over the forecast period. The COVID-19 pandemic has presented researchers with the opportunity to investigate the novel contagious virus for the creation of therapeutic and diagnostic tools.

Numerous prominent pharmaceutical and biotechnology companies have been engaging in extensive R&D efforts to produce innovative vaccines, therapies, and testing kits. As a result, there has been a substantial increase in the need for cell culture tools in research applications. Furthermore, the pandemic has increased the demand for new cell-based models, organoids, and high-throughput screening platforms for research & drug discovery efforts. The urgency to combat the pandemic increased the demand for bioreactors and culture systems for applications in vaccine production and drug testing during the pandemic. In addition, several emerging and established players undertook various initiatives to capitalize on the increased demand for cell culture products due to the COVID-19 pandemic.

Gather more insights about the market drivers, restrains and growth of the Global cell culture market

Cell Culture Market Segments Highlights:

  • The consumables segment accounted for the largest market share of 57.44% in 2022 and is expected to witness significant growth during the forecast period primarily due to recurring demand and purchase of consumables. The cell culture media segment accounted for the largest share of 42.76% of the consumables market in 2022.
  • The biopharmaceutical production application segment dominated the market in 2022 with a revenue share of 32.15%. Biopharmaceutical applications of cell culture techniques are anticipated to expand due to the use of mammalian cell lines, such as the Chinese hamster ovary, in the production of biopharmaceuticals and the increasing demand for alternative medicines.
  • North America held the largest market share of 35.90% in 2022. The large share is attributed to the region’s well-established pharmaceutical & biotech sectors and widely used, technologically advanced solutions in the U.S.
  • The Asia Pacific region is projected to expand at the fastest CAGR of 13.79% over the forecast period due to the growing healthcare expenditure, rising awareness regarding cell and gene therapies, and a large potential for clinical research applications.

Browse through Grand View Research’s Biotechnology Industry Research Reports.

  • Whole Genome Sequencing Market: The global whole genome sequencing market size was estimated at USD 2.12 billion in 2024 and is expected to grow at a CAGR of 22.17% from 2025 to 2030.
  • Whole Exome Sequencing Market: The global whole exome sequencing market size was estimated at USD 472.9 million in 2024 and is expected to grow at a CAGR of 18.44% from 2025 to 2030.

Cell Culture Market Segmentation

Grand view research has segmented the global cell culture market based on product, application, and region:

Cell Culture Product Outlook (Revenue, USD Million, 2018 – 2030)

  • Consumables
    • Sera
      • Fetal Bovine Serum
      • Other
    • Reagents
      • Albumin
      • Others
    • Media
      • Serum-free Media
        • CHO Media
        • HEK 293 Media
        • BHK Medium
        • Vero Medium
        • Other Serum-free Media
      • Classical Media
      • Stem Cell Culture Media
      • Chemically Defined Media
      • Specialty Media
      • Other Cell Culture Media
    • Instruments
      • Culture Systems
      • Incubators
      • Centrifuges
      • Cryostorage Equipment
      • Biosafety Equipment
      • Pipetting Instruments

Cell Culture Application Outlook (Revenue, USD Million, 2018 – 2030)

  • Biopharmaceutical Production
    • Monoclonal Antibodies
    • Vaccines Production
    • Other Therapeutic Proteins
  • Drug Development
  • Diagnostics
  • Tissue Culture & Engineering
  • Cell & Gene Therapy
  • Toxicity Testing
  • Other Applications

Cell Culture Regional Outlook (Revenue, USD Million, 2018 – 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Order a free sample PDF of the Cell Culture Market Intelligence Study, published by Grand View Research.