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Automotive Growth and Infrastructure Boom in Asia and South America Driving the Growth of Demand for Carbon Black to Reach 20 million MTs by 2022

Industry Experts has today released the new market research report on carbon black. The new report ‘ Carbon Black – A Global Market Overview ’ reveals that Asia-Pacific is estimated to be the largest market with 7.9 million metric tons and US$8.1 billion in 2016 respectively for volume consumption and market value. The region is also expected to be the fastest growing market with CAGRs for volume and value respectively 6.3% and 6.8% during 2016-2022 while South America closely follows with CAGRs of 5.3% and 5.5% for the same period. Volume demand for carbon black has a direct association with the end use industries, with the automotive industry taking precedence, given that the largest quantity of this material is utilized by tires and other rubber products largely used in automobiles. Any volatility in the production of tires and, to a lower degree, mechanical rubber products has a corresponding effect on demand for carbon black. Tire production, in turn, is heavi...

Numerous Health Benefits Fuels the Global Probiotic Products Market to Touch $48.8 billion by 2020

Industry Experts has released the new market research report on probiotic products. The new global report ‘ Probiotic Products – A Global Market Overview ’ reveals that the market for probiotics in North America is forecast to be the fastest growing with a CAGR of 11% between the analysis period 2015 and 2020 to reach US$9.7 billion by 2020 from an estiamted US$5.7 billion in 2015. Increased demand for probiotics on a global basis can be attributed to a number of factors. The vibrancy and innovativeness in the market for functional foods, beverages and dietary supplements is being propelled by greater awareness about the role of microorganisms in promoting good health, sustained clinical research and the utility probiotics can offer. Worldwide, demand for probiotics has been on an upswing, with a study confirming that 19% of respondents in the US claiming to have digestive concerns consuming probiotics in one form or the other. Even more crucial is the fact that 7% of...

Global Demand for Fans and Blowers in Light Vehicles to Reach 242 million units worth $39 billion by 2020

Industry Experts has today relased the market research report on Fans and Blowers used in Passenger Cars and Light Commercial Vehicles. As per the new market report titled ‘Global Light Vehicle Fans & Blowers Market – Passenger Cars and Light Commercial Vehicles ‘, Electric fans constitute the largest type of fan in terms of volume consumed in light vehicle engine cooling application globally, with an estimated 114 million units in 2015 is further expected to reach 134 million units by 2020. Fans form the main component of engine cooling systems while blowers are heart of the vehicle HVAC systems. Global demand for fans and blowers in light vehicles is directly correlated to the production of vehicles. Light vehicles segment, which includes passenger cars and light commercial vehicles, constitute the largest segment of automotive vehicles produced on a worldwide basis estimated at 85.4 million units in 2015 and is projected to touch 100 million mark by 2020. The...

Increasing Production of Hybrid and Electric Vehicles to Drive the Demand for Electric Fans and Blowers to touch 25mn Units or $3.8bn by 2020

Industry Experts has today published the industry's first and only report on Fans and Blowers used in Hybrid and Electric Vehichles. According to the new market research report titled ' Global Hybrid and Electric Vehicle Fans & Blowers Market – BEV, HEV and PHEV ', Global volume consumption of electric fans in hybrid and electric vehicle engine/drive cooling, estimated at 4.5 million units in 2015, is projected to reach 11.7 million units by 2020. Blowers’ consumption in hybrid and electric vehicle HVAC systems globally, estimated at 2.4 million units in 2015, is projected to reach 6.7 million units by 2020, while blowers consumption in hybrid and electric vehicle battery cooling is projected to reach 6.4 million units by 2020 from an estimated 2.3 million units in 2015. Hybrid electric vehicles, plug-in hybrid electric vehicles and battery electric vehicles employ the same kind of engine cooling and HVAC components as their conventional counterparts such as fans and b...

Global Market for Commercial Vehicle Fans & Blowers to Reach 13m Units by 2020 fueled by HVAC Demand and Anticipated Increase in Vehicle Production

Industry Experts unveiled the addition of a new market study on automotive fans and blowers to their market research offering. As per the report titled &ls quo;Global Commercial Vehicle Fans & Blowers Market - Medium Trucks, Heavy Trucks and Buses ‘, the consumption of fans and blowers to reach 13 million units by 2020 valued at US$4 billion. Fans are integral part of commercial vehicle thermal management systems such as engine radiator cooling and air-conditioner (A/C) condenser cooling. Demand for fans in commercial vehicle segment is closely correlated to the production of commercial vehicles. While mechanical fans dominate the commercial vehicle engine cooling applications, the electric fans are used in A/C condenser cooling such as those used in bus A/C systems. Volume consumption of fans in medium & heavy trucks, estimated at 5.7 million units in 2015, and expected to be 5.9 million units in 2016, is further projected to reach 6.8 million units by 2020 thereby ...

Asia-Pacific to Lead Global Tissue Engineering Market to Reach US$94 billion by 2022

Industry Experts has today released the new updated 2015 version of market research report on Tissue Engineering. As per the new report titles ‘ Tissue Engineering: Technologies and Therapeutic Areas – A Global Market Overview ‘, reveals that North America is expected to remain the largest market with US$43.5 billion in 2022 while Asia-Pacific is projected to be the fastest growing market with 2016-2022 CAGR of 26.5%. Despite being in existence for about two decades, the field of tissue engineering can still be assumed to be a developing discipline involving basic and applied multidisciplinary biomedical research. This subject utilization of the principles and methods employed in engineering and life sciences, which are then combined with clinical expertise with a focus on developing biological tissue substitutes that enable in restoring, maintaining or enhancing the function of diseased or damaged human tissues. Researchers from a wide range of disciplines have colla...

Mining Chemicals Demand is Constantly Growing and Projected to Reach $30 billion by 2020, Despite Fall in Mining Commodities Prices

Industry Experts has today introduced the new market research report on mining chemicals. The new report ‘ Mining Chemicals – A Global Market Overview ’ reveals that Asia-Pacific is estimated the largest market with US$7.8 billion in 2015 and also expected to be the fastest growing market with a robust CAGR of 7.6% during 2014-2020 while Latin America closely follows with a CAGR of 7% for the same period. The processes involved in mining depend to a large extent on mining chemicals for improving productivity and efficiency. The global mining industry is confronting the challenge of low productivity as a consequence of depleting reserves of high quality ore grades, which has resulted in exploiting deposits that lie deeper in the earth’s crust. This procedure is marked by complex extraction processes that necessitate using advanced mining chemicals for providing assistance in extracting and processing ores of low quality. The complexity in extracting ore deposits of lower grade has led ...