Global Market Study on Human Insulin: Asia Pacific to Witness fastest Growth by 2020
As per this report, the global human insulin market had a total value of US$24,332.6 million in 2014 and is predicted to develop at a CAGR of 12.4% between 2014 and 2020, reaching US$49,197.3 million by 2020. The human insulin market is segmented on the basis of the type of diseases, insulin, and geography. Taking into account the type of human insulin, the market comprises traditional and modern human insulin. Lately, the utilization of human insulin has grown in leaps and bounds because of a rise in the global geriatric population.
As per the Centers for Diseases Control and Prevention (CDC), a U.S.-based national public health establishment, more than 33% kids and teenagers were obese in 2012 in the U.S. This bears out the importance of diabetes and the various conditions associated with it on the human insulin market. In the global perspective, strict administrative prerequisites for medication approval and uneven pricing and constrained access to human insulin in developing nations are controlling the development of the human insulin market.
In this market study, the human insulin market is segmented on the premise of geography into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America holds the biggest share in the worldwide market for human insulin because of the large aging population in the region and expanding prevalence of diabetes and diabetes-related issues. Asia Pacific is predicted to exhibit a swift growth rate in the worldwide human insulin market in the following five years. China and India are predicted to be the fastest developing human insulin markets within Asia Pacific.
Key organizations profiled in this report include Novo Nordisk A/S, Eli Lilly and Company, Sanofi, Biocon, Tonghua Dongbao Pharmaceutical Co., Ltd., Adocia, Merck & Co., Inc., Pfizer, Inc., Wockhardt, Julphar, Bristol-Myers Squibb Company, GlaxoSmithKline Plc, and Oramed Pharmaceuticals, Inc.
Upcoming Reports:
(1) - Iron Oxide Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Iron oxide is most commonly used as coloring pigment for building materials, paints and coatings. All ores of iron are present naturally as oxides of iron. Common rust is also iron oxide. Iron oxide is also produced synthetically to control the properties and impart certain characteristics to the oxide synthesized.
The recovering construction and building materials market is expected to drive the global demand for iron oxide in the coming years. Additionally, the rapidly expanding paints and coatings market is also anticipated to aid the growth of the market. New applications of the iron oxide powders are projected to bring future prospective demand.
(2) - Glass Coatings Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Glass is a widely used material for several applications in construction, automotives, pharmaceuticals, food and beverages, packaging and solar panels among others. Glass alone is brittle and prone to scratches. An easy solution for this is glass coatings that can provide a variety of characteristic features to glass for different purposes.
Glass coatings market is directly linked to the glass market and its ups and downs. Recovering construction activities worldwide after the slowdown post 2008 is expected to drive the glass market which in turn aids the glass coatings market growth. Additionally, growth of the automotive and aerospace market is projected to further add to glass coatings market growth. However, high costs of coated glass and developing substitutes for glass might hinder the global glass coatings market growth. New solar panel glass windows with specific coating requirements can be a future prospective market.
(3) - Hot Melt Adhesives Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Hot Melt Adhesives (HMA), popularly known as hot glues, are a type of thermoplastic adhesives. These adhesives melt and flow after heating above 80 degrees Celsius and do not require curing for solidifying after application. These adhesives are generally used with a hot glue gun for heating and dispensing the hot melt adhesive (HMA). The hot glue gun has a loading chamber where the hot melt adhesive (HMA) is heated to melting point. The molten plastic adhesive is then dispensed through a heated nozzle by the mechanical trigger mechanism of the hot glue gun. The hot melt adhesive (HMA) solidifies within seconds to minutes (or to infinity in case of pressure sensitive hot melt adhesives) depending upon its composition. The hot melt adhesives (HMA), unlike solvent based adhesives, do not lose their thickness or density after solidifying and provide strong adhesion.
The market is driven by increasing demand from the end-user industries such as packaging, labeling, building & construction, bookbinding, woodworking, non-woven, automotive, transportation and footwear industries. Additionally, general shift away from solvent based adhesives due to harmful effects of volatile organic compounds released from these adhesives is expected to fuel market growth over long term. Constant pressure from regulatory bodies such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and EPA (Environment Protection Agency) is expected to limit the usage of solvent based adhesives in an attempt to reduce adverse impacts on environment, thereby supporting the hot melt adhesives (HMA) market. Furthermore, strong adhesion without the need to cure the adhesive after application is an added advantage for developing easier and cheaper end-use processes.
(4) - Hydrogen Bromide Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Hydrogen bromide is a non flammable, pungent highly water soluble gas used as chemical intermediate for a wide range of hydrocarbons. Hydrogen bromide is commercially available as an aqueous solution.
The market for hydrogen bromide is driven by favorable regulations that encourage the use of bromine attributed to its harmlessness when released in the atmosphere. The increasing demand from the growing oil & gas drilling activities is expected to further aid the hydrogen bromide market growth. However, high acidity and handling risks leading to occupational hazards increase the costs of transporting hydrogen bromide, which might hinder the market growth.
