Global Isophthalic Acid Market: Facts, Figures and Analytical Insights, 2018 to 2026 – Exclusive Research Report by Fact.MR

Endobronchial Valves Market InsightsEndobronchial valves are specially designed one-way valves that allow the exhaled air to exit the lungs, but restrict the entry of inhaled air to the lung compartment. The endobronchial valve is used to decrease the lung volume in the condition of lung disease or more specifically emphysema. A commonly endoscopic approach is prescribed rather than thoracoscopic lung volume reduction surgery. The insertion of the endobronchial valve is performed by a delivery catheter, which is passed from the bronchoscope. An endobronchial valve is designed in such a way that it only prevents air uptake or inflation during the inhalation process, and allows the mucosa and exhaled air to exit or the lungs to deflate during the process of exaltation. The endobronchial valves come in different shapes and designs based on the use. Currently, the endobronchial valves are designed in duckbill and umbrella shape.Get Free Exclusive Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=1534Endobronchial Valves Market: Drivers and RestraintsThe major factor expected to drive the growth of the endobronchial valves market is growing awareness regarding procedure for bronchoscopic lung volume reduction in various lung-related diseases. The increasing prevalence of tobacco smoking worldwide is consequently expected to contribute to the growth of the endobronchial valves market. The chronic obstructive pulmonary disease (COPD) is one of the major lung disorders. With the growing geriatric population, who are more commonly susceptible to lung disease, the demand for endobronchial valve is expected to increase at a linear speed. Besides, growing air pollution has a significant impact on the increasing number of patients suffering with lung disorders, particularly severe emphysema and advanced emphysema. This is also considered as one of the major factors fueling the growth of the global endobronchial valves market over the forecast period. Efficiency of the endobronchial valves compared to the standard medical care in lung volume reduction methods and emphysema treatment is the other factor expected to propel the growth of the endobronchial valves market over the forecast period. However, the high cost associated with the procedure coupled with the post-operative adhesion issues associated with the valve are factors expected to restrict the growth of the endobronchial valves market over the forecast period.Endobronchial Valves Market: OverviewThe global market for endobronchial valves is still in the nascent stage. The global endobronchial valves market is projected to show steady growth as there is no particular substitute available for endobronchial valves in minimally invasive surgery for lung volume reduction. Due to increasing demand for endobronchial valves, manufacturers of endobronchial valve systems are mainly focused on clinical trials and research and development. In the forthcoming years, the global endobronchial valves market is expected to witness the entry of few new market players, which will increase the competition in the endobronchial valves market. The growing global population, predominantly geriatric, who are more susceptible to have a lung disease, the market for the endobronchial valves is expected to grow at a steady speed. Among the two product types, due to the ease in the implanting the duckbill-shaped endobronchial valves is expected to be the leading segment in the global endobronchial valves market over the forecast period. The ongoing clinical trials in various regions as such North America and Europe, especially in the U.K., are projected to offer new growth opportunities for the manufacturers operating in the endobronchial valves market.Ask For Customized Report @ https://www.factmr.com/connectus/sample?flag=RC&rep_id=1534Endobronchial Valves Market: Regional OutlookGeographically, the global endobronchial valves market is segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is expected to be the dominant regional market for endobronchial valves owing to increasing healthcare spending and shift towards minimally invasive surgeries. The endobronchial valves market in Asia Pacific excluding Japan is expected to grow at a significant CAGR due to the increasing healthcare spending in China and India. Europe is projected to hold second large share in the global endobronchial valves market over the forecast period.Endobronchial Valves Market: Key Players         The global market for endobronchial valves is consolidated with very few players operating in the global endobronchial valves market. Examples of some of the key players operating in the global endobronchial valves market are Pulmonx Corporation (Zephyr), Spiration Inc, etc.You can Buy This Report from Here @ https://www.factmr.com/checkout/1534/SAbout Fact.MRFact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.Contact Us FactMR11140 Rockville PikeSuite 400Rockville, MD 20852United StatesEmail: sales@factmr.comWeb: www.factmr.com/

The “Isophthalic Acid Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018-2026” report has been added to Fact.Mr’s offering.

The report offers a comprehensive evaluation of the global Isophthalic Acid Market. It does so via in-depth qualitative insights, historical data, and verifiable projections about global Isophthalic Acid Market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the global Isophthalic Acid Market, including but not limited to: Regional markets, technology, types, and applications.

Isophthalic Acid Market Insights

Isophthalic acid is an isomer of terephthalic acid and phthalic acid. In the market, isophthalic acid is available in its highly pure form with a purity of 99% or more which is also referred to as Purified Isophthalic Acid (PIA). Isophthalic acid is extensively used in the production of commercially important polymers. For instance, the high performance polybenzimidazole polymer is produced by using isophthalic acid as a precursor. Essential properties of isophthalic acid such as hardness, hydrolytic stability, stain resistance, corrosion resistance, glossiness and ability to easily process make it highly applicable in a wide range of industries such as corrosion resistant pipes, tanks, and coatings producing industries, automotive industries and marine industries for producing Fiberglass Reinforced Plastics (FRP). These industries are highly preferring isophthalic acid for coating because polyester resins derived from isophthalic acid exhibit high thermal stability and also resist outdoor weathering to a significant amount.

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Isophthalic Acid Market Dynamics

Isophthalic Acid Market Drivers

The global isophthalic acid market is expected to grow significantly, however with a less but significant margin. This growth is driven mostly by the rising demand for polyethylene terephthalate (PET) bottle resins at a global level. Isophthalic acid is used as a one of the key ingredients in the production of PET resins. Thus, increase in the global consumption of PET is expected to create a stable demand for isophthalic acid in coming years. Furthermore, the excellent properties of resistance exhibited by isophthalic acid are attracting a higher number of customers for the global isophthalic acid players. Also, other factors such as developing economies which is leading to the rapid development of industries across the different geographies are also driving the growth of global isophthalic acid market.

Isophthalic Acid Market Restraints

High durability and resistance towards wear and tear of isophthalic acid derived resins reduces its degradability. This is one of the reason that helps increase the global sales of isophthalic acid market. But, it also rises the concerns of different environmental regulations that are trying to protect the environment and are against the use of such polymers. Therefore, the regulations that limit the use of isophthalic acids in consumer products is expected to decline the growth rate of global isophthalic acid market.

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Isophthalic Acid Market Trends

Presently, the there is a significant global overcapacity of isophthalic acid with a spare amount that is sufficient to cater the demands of next five years. This states that production rate is higher than the consumption rate of isophthalic acid. As a consequence of this, the price of isophthalic acid is expected to fall. In coming years, the rising demand for isophthalic acid derived resins is expected to stabilize the production consumption cycle which will bring back the prices to a higher level.

Isophthalic Acid Market Participants

Some of the market participants identified across the value chain of global Isophthalic Acid market that include manufacturers, suppliers or distributors are

  • LOTTE Chemical CORPORATION
  • The Chemical Company
  • Eastman Chemical Company
  • G. International Chemical Co. Inc
  • Interquisa
  • KOHAP Corporation
  • EMCO Dyestuff
  • Marubeni Europe plc
  • Hefei TNJ Chemical Industry Co.,Ltd.
  • SILVER FERN CHEMICAL, INC
  • Tecnosintesi S.p.A.
  • Dhalop Chemicals

Isophthalic Acid Market Regional Outlook

The top most consuming region of isophthalic acid is China which is followed by North America and Europe. The global isophthalic acid market is expected to witness a rising demand from Asia Pacific countries such as India, Brazil and Thailand, where production and industry development is taking place in a fast pace. Collectively, this shows a significant growth of the global isophthalic acid market across the geographies.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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