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Increasing Seaborne Trade Across The Globe To Propel Port Equipment Market

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
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Downstream Processing Market Is Poised To Reach USD 22.03 Billion By 2021

The global downstream processing market size is poised to reach USD 22.03 Billion by 2021 from USD 10.32 Billion in 2016, at a CAGR of 16.4% from 2016 to 2021. Emerging Economies in the Asia-Pacific Region offer Significant Growth Opportunities for Players Operating in the Downstream processing Market

The growth in the downstream processing market will majorly be driven by the increasing demand for biopharmaceuticals, as downstream processing steps play a significant role in providing pure and quality products. The global downstream processing market is segmented on the basis of technique, product, application, end user, and region. On the basis of technique, the market is segmented into purification, solid-liquid separation, and clarification/concentration.


Based on application, the market is categorized into monoclonal antibody (mAbs) production, vaccine production, insulin production, immunoglobulin production, erythropoietin production, and other applications. The monoclonal antibody (mAbs) production segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing R&D expenditure to produce mAbs due to the rising demand for protein therapeutics.

Furthermore, GE Healthcare (U.S.) held the second position in the chromatography columns and resins market in 2015. The company has strengthened its position in the market through the adoption of organic as well as inorganic strategies such as product launches, collaborations, and acquisitions. For instance, in July 2016, GE Healthcare acquired Biosafe Group SA (Switzerland). Similarly, February 2016, company launched Capto S Impact chromatography medium, multimodal Capto MMC ImpRes, and Capto Adhere ImpRes media for purification of mAbs.


Product launches was the most preferred strategy adopted by key players in this market. Players adopted this strategy to enhance their product offerings, increase their market share, cater to customers’ demands, and consolidate their market presence.
Continuous advancements in the chromatography columns and resins such as single-use and pre-packed chromatography columns and resins are revenue-generating pockets for the downstream processing market. Developing markets in the Asia-Pacific region such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore are also revenue pockets for market players, due to increasing investments in the healthcare industry by key market players.

This research report categorizes the market on the basis of technique & product .

Global Downstream processing Market, by Technique
  • Purification
  • Solid-liquid Separation
  • Clarification/Concentration
Global Downstream processing Market, by Product
Chromatography Columns and Resins
  • Filters
  • Membrane Adsorbers
  • Single-use Products
  • Other Products (Consumables and Accessories)
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