In a recent published report, Kenneth Research has updated the market report for Hydroxyapatite (HAp) 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 Hydroxyapatite (HAp) Market products.
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On the other hand, it is estimated that every second, around 300kgs of toxic chemicals are released into water, land and air by the industrial facilities. Further, the market is projected to grow on account of the growing trade in chemicals worldwide. The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.
Global Hydroxyapatite (HAp) Market to reach USD 4.19 billion by 2025. Global Hydroxyapatite (HAp) Market valued approximately USD 2.39 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.34% over the forecast period 2018-2025. Growing use of advanced technology to increase the applications of Hydroxyapatite (HAp) and rising demand for dental and other orthopedic implants are the major factors which are driving the growth in the Global Hydroxyapatite (HAp) Market. However, Hydroxyapatite (HAp) has low fracture durability and time consumption makes some of the wet procedures unsuitable for manufacturing large amounts of Hydroxyapatite (HAp) and these hinders the growth of the Market.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Hydroxyapatite (HAp) is a mineral component that is present in bones and hard tissues in the human and animal body. Micro-sized Hydroxyapatite (HAp) can be engineered using nanotechnology that makes it applicable for orthopedic surgeries and drug delivery systems. It is mainly used in various bone grafting methods, it is also used to fill the voids or defects in teeth and bones, in treating many defects and injuries of the face, neck, jaws and the tissues of the oral, jaws and face region. Hydroxyapatite (HAp) is the main component of enamel, that’s why it is widely used in dental care industries as it makes the teeth bright white and eliminates the small pores of the enamel surface. Since it is bioactive, therefore coatings of Hydroxyapatite (HAp) are usually applied to metallic implants to transform the body surface properties, however, the geriatric population and affordability of orthopedic treatments are aiding the growth in the Hydroxyapatite (HAp) Market.
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Major market players in Hydroxyapatite (HAp) Market are Fluidinova, Sofsera, Berkeley Advanced Biomaterials, Taihei Chemical Industrial Co. Ltd., GE Healthcare, Sigmagraft, Bonesupport AB, Cam Bioceramics, Zimmer Biomet, APS Materials, Bio-Rad, CG Bio Inc., Granulab (M) Sdn Bhd, Nano Interface Technology, Nanjing Emperor Nano Material and so on.
Hydroxyapatite (HAp) Market Segmentation:
*Greater Than Micrometre
*Rest of Europe
*Rest of Asia-Pacific
*Middle East & Africa
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