Dallas, Texas, Aug. 24, 2020 (GLOBE NEWSWIRE) -- The “Global Airway Stent/Lung Stent Market Size 2018, by Type (Tracheobronchial Stents and Laryngeal Stents), Material (Metal Stents, Silicone Stents, Hybrid Stents), Product (Non-Expandable Stents, and Self-Expandable Stents), End User (Hospitals, Ambulatory Surgery Centers), Region and Forecast 2019 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
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Adroit Market Research report on global airway stent/lung stent market gives a holistic view of the market from 2015 to 2025, which includes factors such as market drivers, restraints, opportunities, challenges and regulatory scenario. The market has been studied for historic years from 2015 to 2017, with the base year of estimation as 2018 and forecast from 2019 to 2025. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in this market have also been studied in detail.
The global airway stent/lung stent market is anticipated to cross USD 125.85 million by 2025, growing at a CAGR of over 13%. Increasing prevalence of lung cancer, chronic obstructive pulmonary disorder (COPD) coupled with increasing demand for minimally invasive cardiac as well as pulmonary surgeries is likely to fuel the market for airway stents in coming years.
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Engineered fluids, also known as fluorinated fluids are specially characterized polymer fluids. These fluids exhibit superior properties such as high thermal operating temperature, high viscosity index, thermal & electrical resistance and are non-reactive towards plastic, rubber, metal and elastomers. Due to these chemically inert properties, engineered (fluorinated) fluids are highly suitable for high temperature manufacturing and operating applications. Apart from these properties, fluorinated fluids are environmental friendly and non-toxic in nature owing to which they are considered ideal for several end use industries.
The global engineered fluids market is categorized on the basis of type and end use. By type, the engineered (fluorinated) fluids market is categorized into solvents, heat transfer fluids and lubricants. Lubricants segment is projected to dominate the fluorinated fluids market. Fluorinated fluids are widely used in lubricant form in electronics & semiconductor, automotive, chemical processing and oil & gas applications. Fluorinated lubricants are suitable for wide range applications such as sealing and working fluids, high vacuum application and in lubrication of oxygen pumps & liquid compressors.
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By end use, electronics & semiconductor segment is projected to witness highest growth over the forecast period. Fluorinated fluids are used in various semiconductor and electronic manufacturing processes such as heating, cooling, in process chambers, to name a few. High growth of the electronics segment due to increased demand from consumers is projected to propel the growth for fluorinated fluids market over the forecast period.
By region, Asia Pacific region is projected to witness highest demand growth for fluorinated fluids market over the forecast period. Growing manufacturing base for electronics product manufacturing in China, India and ASEAN countries is projected to augment the demand for engineering (fluids) market in forthcoming years.
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In terms of market competition, the global engineered (fluorinated) fluids market is a fairly competitive market with presence of key global and regional players.
Solvay SA , The 3M Company ,The Chemours Company, Asahi Glass Company, Halocarbon Products Corporation, Engineered Custom Lubricants, , IKV Tribology, F2 Chemicals Ltd. ere example of some of the major players in the global engineering (fluorinated) fluids market. These companies are focused on increasing their R&D capacities in order to cater to the increasing demand of fluorinated fluids for specific applications.
Table of Contents
1. Introduction
2. Research Methodology
3. Market Outlook
4. Airway Stent/Lung Stent Market by Type, 2015-2025 (USD Million)
5. Airway Stent/Lung Stent Market by Material, 2015-2025 (USD Million)
6. Airway Stent/Lung Stent Market by Product, 2015-2025 (USD Million)
7. Airway Stent/Lung Stent Market by End User, 2015-2025 (USD Million)
8. Airway Stent/Lung Stent Market by Region 2015-2025 (USD Million)
9. Competitive Landscape
10. Company Profiles
11. Appendix
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