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Showing posts from 2018

Wind Energy, Pipes & Tanks Applications to Drive Demand for E-CR Glass Fibers to Reach US$3.4B in 2022 - Market Report (2017-2022) by Industry Experts, Inc.

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Industry Experts, Inc. published the new market research report on E-CR Glass Fibers. According to this comprehensive in-depth market report, exploring the market for major applications, entitled " E-CR Glass Fibers – A Global Market Overview " reveals that Asia-Pacific leads the global consumption for E-CR Glass Fibers, estimated at 43.3% share in 2017, which is also slated to post the fastest 2017-2022 CAGR of 6.2%. E-CR glass fibers (E-Glass Corrosion Resistant) are glass fibers with high chemical and thermal resistance compared to traditional E-glass fibers. E-CR glass fiber is widely used in a wide range of applications designed to face corrosive environments. E-CR glass reinforced composites offer better performance over traditional glass fiber in oil & gas, power plants, mining, marine, green energy, and water and sewage treatment industries. Pipes & tanks segment is the largest user of E-CR glass fibers globally, while wind energy constitutes the fastest g...

Bolstered by the Technological Advancements and Increasing Refurbishment Activity in Medical Devices Sector, Global Sterilization Technologies Market is Projected to Surpass $12 Billion by 2024 - Market Report (2017-2024) by Industry Experts, Inc.

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Industry Experts, Inc. announced the publication of an updated 2018 version of the report " Sterilization Technologies – A Global Market Overview ". Analysts at Industry Experts estimate that the Medical Devices applications accounted for more than half of the global market for Sterilization technologies in 2018 and the phenomenon is expected to continue through to 2024. Growth in demand for sterilization equipment and techniques is expected to be driven by greater emphasis on refurbishing of medical devices as a means of curbing expenses. Another factor reinforcing demand is the technological advancements made in medical instruments such as endoscopes and analyzers, which have, in turn, contributed to an increasing requirement for advanced sterilizers and techniques that are compatible with these instruments. Cornering an estimated market share of 38.1%, equating to US$3.2 billion, in 2018, North America leads the global Sterilization Technologies market and is expe...

Largely Driven by Food & Beverage and Oil & Gas Sectors, Global Demand for Xanthan Gum is Forecast to Reach 323K Metric Tons by 2024 - Market Report (2018-2024) by Industry Experts, Inc.

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Industry Experts, Inc. introduced the comprehensive global market report on Xanthan Gum. The new report entitled " Xanthan Gum – A Global Market Overview " reveals that the global market for Xanthan Gum is estimated to cross 240 thousand metric tons in 2018. Food & beverages and oil & gas sectors are the two largest consumers of Xanthan gum globally, where these two applications segments are estimated to corner a market share in excess of 80% together. Xanthan gum is used in wide range food products, such as sauces, dressings, meat and poultry products, bakery products, confectionery products, beverages, dairy products, others. Commercially, Xanthan gum is available in several grades for food & beverages, pharmaceutical, personal care, agricultural, household, oil& gas and other industrial applications. Global market for Xanthan gum , estimated at 240 thousand metric tons in 2018, is further projected witness a CAGR of 5.1% through to the period 2024. Foo...

Personalized Medicine Global Market to Reach nearly $200 Billion by 2024, Owing to Huge Patient Data Availability, Advanced Analytics and Customized Medicine - Market Report (2017-2024) by Industry Experts, Inc.

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Industry Experts, Inc. released the updated version of its global market report on Personalized Medicine. The new report entitled " Global Personalized Medicine Market – Types, Technologies and Applications " reveals that the global market for Personalized Medicine is forecast to touch US$102.7 billion in 2018. Personalized medicine has a huge potential in leading the healthcare industry with drastic changes with a key focus on diseases understanding & management integrated with advanced analytics, patient data, customized medicines and other possibilities. Personalized Medicine will transform the entire pharmaceutical value chain, from early development to companies' go-to-market models, and the next five years will be a crucial window for pharmaceutical companies to capitalize on this promise. Companies simply cannot sit on the sidelines during this period. Instead, they need to take risks and more actively engage with stakeholders throughout the healthcare ecosy...

Inherent Sustainability Drives Powder Metallurgy Market to Surpass $10 billion by 2023 - Market Report (2017-2023) by Industry Experts, Inc.

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Industry Experts, Inc. unveiled the new global market report entitled " Powder Metallurgy – A Global Market Overview ". As per the new report, Automotive forms the largest, as also the fastest growing, application for Powder Metallurgy, the market for which is slated to compound annually at 6.5% over 2017-2023 in reaching a projected US$7.8 billion by 2023. Powder Metallurgy is a technique used for processing powdered feedstock that is further used to manufacture various types of components. The parts and components produced using this method find application in a range of areas, such as aerospace, automotive, business machines, electrical & electronics and industrial, among others. These components can include gears, bushes, bearings, sprockets, rotors and magnets. Fast growth in technological advancements in electronic and computer components is one major factor fueling demand for Powder Metallurgy, with the aerospace and automotive industries also making significant...

Furfuryl Alcohol Drives the Global Demand Growth for Furfural to Reach 455k Metric Tons by 2024 - Market Report (2018-2024) by Industry Experts, Inc.

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Industry Experts, Inc. introduced the global market report on Furfural. The new and an exclusive market research report entitled " Furfural and Furfuryl Alcohol – A Global Market Overview " reveals that the Furfuryl alcohol constitutes the largest application segment for furfural and the trend is likely to continue in the future. This is substantiated by the fact that over the 2018-2024 forecast period, demand for furfural in the production of furfuryl alcohol is anticipated to maintain a faster growth than other applications. Furfural, also widely known as furfuraldehyde or 2-furaldehyde, is a clear, colorless motile liquid with an aromatic odor reminiscent of almonds. Furfural is produced from agricultural waste biomass, such as corn cobs, sugar cane bagasse, rice and oat hulls, and wood chips, which contain pentosans (xylan, arabinan and polyuronids), the complex carbohydrates contained in the cellulose of plant tissues. Asia-Pacific is the largest furfural consuming...

Global Carotenoids Market Projected to Surpass $2 Billion by 2024, See Which Product Types and How their Applications Contribute the Growth - Market Report (2017-2024) by Industry Experts, Inc.

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Industry Experts, Inc. published the new market research report " Global Carotenoids Market - Products and Applications ". Visionary analysts at Industry Experts reveal that the dietary supplements sector will lead growth of the market for Carotenoids consumption globally and market likely to touch US$2.2 billion by 2024. Animal feed and food & beverage sectors are currently the largest markets for carotenoids globally. Carotenoids are used on a large scale in animal feeds, which is acting as the key growth driver of this market due to their high nutritive value and the pigmentation, which increases the palatability of the feed, in addition to enhancing the appearance of meat, meat products and fish. Growing awareness among consumers about benefits of carotenoids, greater emphasis on a healthy lifestyle and rising incidences of various diseases across the globe is driving the demand for carotenoids in dietary supplements and cosmetic industries. Global demand for car...

Demand from Pulmonary Applications to Lead Advanced Drug Delivery Systems Market to Touch $277 Billion by 2024 – Market Report (2017-2024) by Industry Experts, Inc.

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Industry Experts, Inc. announced the publication of the global market research report on Advanced Drug Delivery Systems. The new report entitled " Advanced Drug Delivery Systems – A Global Market Overview " reveals that the global Advanced Drug Delivery Systems market for Pulmonary is slated to register a fastest 2017-2024 CAGR of 6.5% and reach a projected US$31.2 billion by 2024. Pharmaceutical companies have developed numerous therapeutic compounds that can address several life threatening ailments or disorders. The traditional dosage form offers spontaneous drug liberation that leads to drug concentration variation in the circulatory system. Hence to regulate the steady effective drug levels in the blood, introduction of Advanced Drug Delivery System is essential. Availability of the therapeutic compounds that are site specific, exhibit maximum therapeutic efficacy, capable of performing the same action in minimal dosage forms, increase in research and development pr...

Forecast to Register a Robust CAGR of 13.3%, Natural H. pluvialis Algae Astaxanthin to Drive Global Astaxanthin Market to Reach US$770 Million by 2024 - Market Report (2017-2024) by Industry Experts, Inc.

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Industry Experts, Inc. published an updated 2018 version of the exclusive comprehensive global market report on Astaxanthin. The new report entitled " Global Astaxanthin Market – Sources, Technologies and Applications " reveals that the global market for Astaxanthin is forecast to cross 360 metric tons in 2018. Astaxanthin is 550 times stronger than vitamin E, and 6,000 times stronger than vitamin C in regard to antioxidant power. Due to its powerful antioxidant properties, astaxanthin proved to have benefits on various health conditions including inflammation, diabetics, cardiovascular, vision and CNS conditions. Astaxanthin has been widely used in aquaculture industry for pigmentation of salmon, trout and shrimps; used for its antioxidant and other health benefits in nutraceutical industry; used in cosmetics for its skin care and anti-aging properties; and also used for fortification of foods and beverages. The global nutraceuticals industry is estimated to have consum...

Logistics & Cold Chains Drive Demand for Phase Change Materials (PCMs) to Touch $3.8 Billion by 2023 – Market Report (2017-2023) by Industry Experts, Inc.

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Industry Experts, Inc. introduced a global market research report on Phase Change Materials (PCMs). As per this new report entitles " Phase Change Materials - A Global Market Overview ", Bio-based PCMs projected the fastest growing material type between the period 2018 and 2023 while Organic are estimated the largest consumed PCMs. Phase change materials (PCMs) employ the latent heat of phase change for controlling temperatures within a specific range. These materials are environmentally responsive, implying that they respond to an environmental trigger that causes a physical change in them. These triggers can be pH, temperature or ionic concentration. Temperature is one example of a reliable trigger for controlling materials used on the body, since the physiological temperature is rather stable, i.e. around 37oC, and differs quite a lot from room temperature that is around 20oC. PCMs absorb, store and release latent heat without any change in their own temperature by movi...

Asia, Actuators and Auto, the 3A’s Driving Demand for Piezoelectric Materials to Grow by 14% through to 2023 and touch $64 Billion – Market Report by Industry Experts, Inc

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Industry Experts, Inc. unveiled the new global market research report entitled " Piezoelectric Materials - A Global Market Overview ". As per the new report, accounting for a share estimated at 40.2% in 2017, worldwide demand for Piezoelectric Materials is the largest for the Consumer Goods industry. Piezoelectric materials constitute various types of ceramics, polymers, crystals and composites that can generate a voltage when being subjected to an external pressure or, conversely, expand upon the application of a voltage. A piezoelectric material’s response to mechanical forces/pressures resulting in the generation of electric charges/voltages is referred to as the direct piezoelectric effect. In contrast, the application of electric charges/fields causing the induction of mechanical stresses or strains is termed as the converse piezoelectric effect. Asia-Pacific leads the global market in terms of demand for piezoelectric materials , which is likely to be sustained by ...

Specialty PSA Tapes such as Double Coated, Medical and Transfer Tapes to Drive Demand for Pressure Sensitive Tapes to Reach $67 Billion by 2024

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Industry Experts, Inc. published the global market report on Pressure sensitive adhesive (PSA) tapes. As per the new report entitled “ Pressure Sensitive Adhesive (PSA) Tapes – A Global Market Overview ”, Polypropylene dominates as a backing material of PSA tapes accounted for about 60% of global market in terms of volumes in 2017. Pressure sensitive adhesive (PSA) tapes, also known as self-adhesive tapes, will adhere to most of the substrates with pressure and do not require any solvent, water or heat to activate the adhesive. Pressure Sensitive Adhesive Tapes are widely used in many different applications in automotive, electrical & electronics, medical, packaging and other industrial sectors. Pressure-sensitive tapes with advanced acrylic adhesive technologies have become the bonding solution of choice in a vast number of applications covering diverse industries and have replaced liquid and spray adhesives, mechanical fasteners and other bonding and fastening systems. Indu...

Biopsy Devices Global Market to Reach $2.8 Billion by 2023, Owing to Increasing Demand from Breast Biopsy and Fastest Growth in Prostate Biopsy Applications

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Industry Experts, Inc . published the global market report on Biopsy Devices. The new report entitled " Biopsy Devices – A Global Market Overview " reveals that the global market for Biopsy Devices is forecast to touch US$2 billion in 2018. Diagnosing cancer in its initial stages may prevent the mortality rate. As per the international Cancer Agencies, the cancer incidence rate may reach 23 million by 2030 that indicates urgency of the arrival of maximum number of less invasive, more efficient and accurate diagnostic devices like Biopsy Devices in to the market. Biopsy Devices are recognized as the most essential tools not only in the diagnosis and treatment of cancer but also in detection of cancer stage. Rising cancer incidence and prevalence rate, increasing demand for minimal invasive protocols, existence of large geriatric population, growing public awareness about the diseases and diagnostics options, emerging nascent biopsy techniques, assistance offered by the go...

Consumption Demand from Asia-Pacific, Fueled by Fastest Growth for Phase Change Materials will Drive Global Smart Materials Market to Surpass $93 Billion by 2023

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Industry Experts, Inc. introduced the new market research report on Smart Materials. According to this comprehensive in-depth market report, exploring the market for various materials types/sub-types of smart materials, entitled " Smart Materials - A Global Market Overview " reveals that the Asia–Pacific is estimated the largest market in 2017 accounted US$16.2 billion. The region is also projected the fastest growing market through to 2023. Smart Materials constitute a class of advanced materials capable of sensing and responding to a wide variety of stimuli that can include electric and magnetic fields, temperature, pressure, mechanical stress, hydrostatic pressure, nuclear radiation and pH change. The inherently unique characteristics of these materials make it possible for them to revert back to their original state after the external stimulus is removed. This next generation of intelligent materials displays adaptive capabilities and alters its physical properties su...

Packaging, Automotive and Textiles to Drive the Future Growth for Bioplastics to Reach 2.6 Million Metric Tons by 2022 - Market Report (2017-2022) by Industry Experts, Inc.

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Industry Experts, Inc. unveiled an updated version of the global market report on Bioplastics. The new report entitled " Bioplastics – A Global Market Overview " reveals that the packaging is estimated the largest market sector for Bioplastics in 2017 with 1 million metric tons while the sector is also expected to register the fastest growth during the period 2017-2022. Depleting fossil fuel resources has made industry participants seek substitutes for conventional plastics and bioplastics are proving to be ideal alternatives to these environments degrading products, offering eco-friendly and sustainable options. Conversely, in comparison to traditional high-performance plastics, bioplastics have their own set of shortcomings, prominent among them being stability and strength. The plastics industry’s future lies in using plastic components obtained from renewable raw materials, and on an ecological scale, such bioplastics rank way above conventionally used petroleum-based ...

Changing Life Styles and Increasing Disposable Incomes Around the Globe to Spur the Demand for Industrial Enzymes to Reach $7.7 Billion by 2024 - Market Report (2017-2024) by Industry Experts, Inc.

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Industry Experts, Inc. published the new global market report " Industrial Enzymes – A Global Market Overview ". The report reveals that North America is the largest region in the global Industrial Enzymes market with an estimated share of 33%, valued at US$1.8 billion in 2017 and forecast to touch US$2 billion by 2020 while Asia-Pacific is growing faster at a CAGR of 6.9% during 2017-2024. Industrial enzymes are enzymes that find commercial application in a host of industries, including pharmaceuticals, chemical production, biofuels, food & beverage and consumer products. Developments in the recent past have rendered biocatalysis through isolated enzymes more economical than the use of whole cells. Enzymes can be used as a unit operation within a process for generating a required product or can be the product of interest. The recent years have witnessed rapid growth in industrial biological catalysis using enzymes because of their capability of operating at mild condi...

Industrial Applications Lead by Automotive and Pressure Vessels to Drive Demand for Carbon Fibers to Reach $4.8 Billion by 2024

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Industry Experts, Inc. released an updated 2018 version of its in depth comprehensive market report on Carbon Fibers. This global market report entitled " Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) – A Global Market Overview " reveals that the Asian market for carbon fibers is expected to increase at a robust 2017-2024 CAGR in terms of both for volume consumption and the market value. The automotive industry is primed to be the fastest growing sector for carbon fibers and OEMs operating in this area are likely to employ a combination of steel, aluminum and composites based on demands of mechanical requirements and costs. The other sector likely to contribute to significant growth in demand for carbon fibers is pressure vessels that are used for storing and transporting compressed and liquefied natural gas in automotive and fleet applications, with regions in Asia-Pacific, South America and Europe being the main drivers. Application areas analyzed in the...

Growing by a Robust 22% CAGR through to 2023, the Global Synthetic Biology Market to Touch $22 Billion - Market Report (2017-2023) by Industry Experts, Inc

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Industry Experts, Inc. introduced the new market research report " Synthetic Biology – A Global Market Overview ". The new report reveals that Oligonucleotides leads the global demand for Synthetic Biology products and is projected to reach US$9 billion by 2023 while Chassis Organisms is projected the fastest growing segment in the coming years. In Synthetic Biology, the concepts of molecular biology and systems biology are combined with principles of engineering for designing biological systems and bio-factories with the goal of creating superior biological functions that can address existing and future concerns. Experts are of the opinion that synthetic biology has the capacity of revolutionizing the methods by which energy is created, food is produced, industrial processes are optimized and diseases are detected, prevented and cured. Market for Synthetic Biology product types analyzed in this study include Oligonucleotides, Enzymes, Chassis Organism and others (C...

Microfluidics Technology based Point-of-Care (PoC) Diagnostic Devices Propel the Global Demand for Microfluidics while Hospitals being the Largest End-User - Market Report (2017-2023) by Industry Experts, Inc

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Industry Experts, Inc. published the new global market research report " Microfluidics – A Global Market Overview ". As per the new report, the global market for microfluidics is forecast to touch US$4.2 billion in 2018 with Hospitals estimated the largest end-use sector with US$1.8 billion in the same year. Microfluidics can be described as the manipulation and analysis of minute volumes of fluid and has evolved over the past three decades into a powerful technology with a number of established and relevant applications within the biological sciences. The research and development conducted over the years in this unique technology has yielded an abundance of techniques that enhance biological assays through the miniaturization of existing methods, in addition to developing innovative analytical approaches. Growing demand for microfluidics technology based point of care devices and kits is the key factor propelling overall growth of microfluidics. Devices for PoC diagno...

Gastrointestinal, Laparoscopy and Urology Applications Drive the Demand for Endoscopy Devices to Reach $49 Billion by 2024

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Industry Experts, Inc. introduced the global market report on Endoscopy Devices. The new report entitled " Endoscopy Devices – A Global Market Overview " reveals that Asia-Pacific is expected the fastest growing market for Endoscopy Devices, projected to register a CAGR of 8.2% during the period 2017-2024 to reach US$13 billion by 2024 while North America is the largest market. An endoscope is a lighted medical device that finds application in performing diagnostic and therapeutic interventions within the hollow cavities and visceral organs of the body such as the brain, esophagus, lungs, abdomen and gastrointestinal (GI) tract, among others. Endoscopy focuses on examining abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal conditions. This procedure’s minimal invasiveness and fewer complications after operation render it to be the procedure of choice in diagnostics and surgery. The primary factor...

Polymeric Biomaterials will Lead the Growth of Global Biomaterials Market to Reach $198 Billion by 2023

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Industry Experts, Inc. published an updated 2018 version of the global market report on Biomaterials. The new report entitled " Biomaterials – A Global Market Overview " reveals that North America leads the worldwide market for Biomaterials, estimated at US$35.7 billion (42.7% share) in 2017, which is slated to post a CAGR of 14.1% between 2017 and 2023. Biomaterials constitute artificially derived synthetic or natural materials utilized in medical technology for enhancing the functionality of tissues and organs that are damaged. These materials function by interacting with biological systems in treating a number of conditions pertaining to cardiovascular, dental, orthopedic and neurological systems. The science of Biomaterials also finds application in a host of advanced medical technologies, such as tissue engineering, plastic surgery, drug delivery devices, and other medical implants. The global market for Biomaterial types analyzed in this study include Metal Biomat...