In a recent published report, Kenneth Research has updated the market report for Continuous Manufacturing Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Continuous Manufacturing Market products.
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The global Continuous Manufacturingmarket was valued at USD 307.78million in 2016 and is projected to reach USD 939.42millionby 2025, growing at a CAGR of 13.2% from 2017 to 2025.
Due to economic benefits provided by the continuous manufacturing process, the market is expected to grow at a high CAGR during the forecast period.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Cost-Effective solution for Pharmaceutical Manufacturing
1.2 Efficient methodology of continuous process
1.3 Favorable regulatory framework
2. Market Restraints
2.1 Lack of Technical support and professionals
Market Segmentation:
1. By End User:
1.1 Full-Scale Manufacturing Companies
1.1.1 Pharmaceutical Companies
1.1.2 Contract Manufacturing Organizations
1.2 R&D Departments
1.2.1 Contract Research Organizations
1.2.2 Research Institutes
2. By Application:
2.1 End Product Manufacturing
2.1.1 Solid Dosage Manufacturing
2.1.2 Liquid Dosage Manufacturing
2.2 Api Manufacturing
3. By Product:
3.1 Integrated Systems
3.2 Semi-Continuous Systems
3.2.1 Continuous Granulators
3.2.2 Continuous Blenders
3.2.3 Continuous Compressors
3.2.4 Continuous Coaters
3.2.5 Continuous Dryers
3.2.6 Other Semi-Continuous Systems
3.3 Controls
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Thermo Fisher Scientific Inc.
2. GEA Group AG
3. Hosokawa Micron Corporation
4. Coperion GmbH
5. Glatt GmbH
6. Korsch AG
7. Munson Machinery Company, Inc.
8. L.B. BohleMaschinen + Verfahren GmbH
9. Bosch Packaging Technology
10. GebrüderLödigeMaschinenbau GmbH
11. Baker Perkins Ltd.
12. Scott Equipment Company
13. Sturtevant, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Continuous Manufacturingmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Access Full Report here – https://www.kennethresearch.com/report-details/global-continuous-manufacturing-market/10008468
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