Market Analysis: Masking Protective Film Market, Meta-Xylenediamine Market, Medical Grade Soda Lime Market forecasted for 2023-2030

SEATTLE, WASHINGTON, USA, July 7, 2023/EINPresswire.com/ -- The Masking Protective Film Market is expected to grow from USD 868.60 Million in 2022 to USD 1214.00 Million by 2030, at a CAGR of 4.90% during the forecast period.The Masking Protective Film market is expected to register significant growth during the forecast period, driven by a number of factors. One of the major factors driving revenue growth of the market is the growth of the construction industry. With the high rate of construction activities taking place both in residential and commercial sectors, the demand for masking protective films has increased significantly.Moreover, the rise in the automotive industry and growing demand for lightweight and energy-efficient vehicles has further contributed to the growth of this market. Additionally, the increasing awareness regarding the protection of surfaces during transportation, handling and storage has also boosted the demand for masking protective films.

Two types of masking protective film are:

• Solid
• Liquid Masking Protective Film
Solid masking protective film is a coated adhesive film that is applied with a pressure sensitive adhesive and designed to protect sensitive surfaces from scratches, dents, dust, and other contaminants. Liquid masking protective film is a water-based coating that is applied to protect surfaces from contamination, scratches, and dents. It is applied through a spray gun and dries to form a protective layer that can be removed easily once the work is complete.

In terms of value, the Asia Pacific region is expected to hold a market share of 41.5% by 2025, while North America is expected to hold a market share of 26.9%. Europe is also expected to have a significant market share, holding 23.5% of the global market by 2025. Other regions, such as South America and the Middle East, are expected to have smaller market shares.

The masking protective film market is highly competitive, and several key players are contributing to the industry's growth. These players include 3M, Dow Inc., Wacker Chemie AG, PPG Industries, Sherwin-Williams, Kraton Corporation, General Chemical Corporation, RKW Group, Dulux, Evans Coatings, LLC, and many more.

According to the sales revenue data of some of the above-listed companies, 3M reported sales revenue of $32.2 billion, while Dow Inc. reported revenue of $43 billion in 2020. PPG Industries reported sales revenue of $13.8 billion in 2020, and Sherwin-Williams reported revenue of $18.36 billion.

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The Medical Grade Soda Lime Market is expected to grow from USD 49.00 Million in 2022 to USD 71.00 Million by 2030, at a CAGR of 5.33% during the forecast period.The Medical Grade Soda Lime market is fueled by a growing demand for medical equipment and technology that is safe, reliable and cost-effective. This market involves the production and sale of soda lime products that are used in medical devices to remove carbon dioxide from the respiratory system of patients during surgical procedures. The market is segmented by product, application, and end-user.Factors driving revenue growth in this market include the increasing adoption of minimally invasive surgeries, growing awareness regarding the benefits of soda lime during anesthesia, and the necessity of this product in healthcare facilities.

The medical grade soda lime market is expected to witness significant growth in the North America (NA), Asia-Pacific (APAC), Europe, United States of America (USA), and China regions in the coming years. The growth of the market in these regions can be attributed to the increasing demand for anesthesia and respiratory care devices in hospitals and clinics along with the rising prevalence of respiratory diseases. Rapid technological advancements, coupled with the growing elderly population and the increasing number of surgeries, are expected to further supplement the growth of the medical grade soda lime market in these regions. Moreover, the expanding healthcare infrastructure and the rise in awareness about the importance of airway management are also expected to drive the market growth in the forecast period.

Medical Grade Soda Lime is a vital component used in medical devices to remove carbon dioxide from the breathing system. The Medical Grade Soda Lime Market is highly competitive with several companies operating globally. The major players in the market are Molecular Products, Draeger, Intersurgical, Vyaire Medical, Flexicare, Allied Healthcare, Yabashi, Armstrong Medical, Akron Healthcare, Zhejiang Haisheng, Weihai Terry Medical, Jiangsu Leteng, Chengdu Qiangxiao, Zhejiang Sujia, Shandong Weigao, Nanjing Ningchuang, among others.

In terms of revenue, Vyaire Medical generated over $750 million in sales revenue in 2020. Draeger reported sales revenue of over $3 billion in 2019. Molecular Products' revenue figures are unavailable as the company is privately held.

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The Medical Grade Soda Lime Market is expected to grow from USD 49.00 Million in 2022 to USD 71.00 Million by 2030, at a CAGR of 5.33% during the forecast period.The Medical Grade Soda Lime market is fueled by a growing demand for medical equipment and technology that is safe, reliable and cost-effective. This market involves the production and sale of soda lime products that are used in medical devices to remove carbon dioxide from the respiratory system of patients during surgical procedures. The market is segmented by product, application, and end-user.Factors driving revenue growth in this market include the increasing adoption of minimally invasive surgeries, growing awareness regarding the benefits of soda lime during anesthesia, and the necessity of this product in healthcare facilities.

There are two main types of Medical Grade Soda Lime:

• White to Violet
• Pink to White

White to Violet Medical Grade Soda Lime is a commonly used type in the market. It has the ability to absorb up to 30-35% of its weight in Carbon Dioxide and changes color from white to light violet or lavender when exhausted. Similarly, Pink to White Medical Grade Soda Lime is also used and it changes color from pink to white when exhausted.

The market share percent valuation for North America and Europe is expected to be around 30% and 25%, respectively.The Asia-Pacific region is expected to experience significant growth in the Medical Grade Soda Lime market over the forecast period due to the increasing population, rising healthcare expenditure, and growing awareness regarding the benefits of using medical grade soda lime during surgical procedures. The market share percent valuation for this region is expected to be around 20%.

Medical Grade Soda Lime is a vital component used in medical devices to remove carbon dioxide from the breathing system. The Medical Grade Soda Lime Market is highly competitive with several companies operating globally. The major players in the market are Molecular Products, Draeger, Intersurgical, Vyaire Medical, Flexicare, Allied Healthcare, Yabashi, Armstrong Medical, Akron Healthcare, Zhejiang Haisheng, Weihai Terry Medical, Jiangsu Leteng, Chengdu Qiangxiao, Zhejiang Sujia, Shandong Weigao, Nanjing Ningchuang, among others.

In terms of revenue, Vyaire Medical generated over $750 million in sales revenue in 2020. Draeger reported sales revenue of over $3 billion in 2019. Molecular Products' revenue figures are unavailable as the company is privately held.

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Amrita Pandey
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