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Friday Apr 24, 2015
Friday Apr 24, 2015
The global market for IVD is expected to reach USD 74.32 billion by 2020, according to a new study by Grand View Research, Inc. Constantly improving patient awareness levels pertaining to infectious diseases and their subsequent diagnosis, the introduction of advanced molecular and tissue diagnostic tests for cancer such as companion diagnostics and the growing global base of geriatric population are some of the primary drivers for this market. Moreover, rising global healthcare expenditures, especially in Asia Pacific and increasing demand for rapid, minimally invasive and non-invasive diagnostic procedures are also expected to have a positive impact on market growth. The emergence of epigenomics-based diagnostics and the ability of molecular diagnostics to detect disease at an early stage of development are expected to create opportunity for industry participants to capitalize on over the next six years.
The professional diagnostic products dominated the overall IVD market in 2013, owing to the high usage rates of these tests in diagnostic tests pertaining to the infectious disease segment, and are expected to grow at a CAGR of 4.7% from 2014 to 2020 to reach an estimated value of USD 49.76 billion by 2020. However, the tissue diagnostics market is expected to grow at the highest CAGR of 10.2% from 2014 to 2020, owing to its growing application in cancer diagnosis and need for lab automation as a consequence of limited skilled labor availability.
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http://www.grandviewresearch.com/industry-analysis/in-vitro-diagnostics-ivd-market
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Friday Apr 24, 2015
Friday Apr 24, 2015
The global market for adhesives and sealants is expected to reach USD 43,195.5 million by 2020, according to a new study by Grand View Research, Inc. Growth of construction, automotive and packaging industries, mainly in China, India and Brazil is expected to drive the demand for both adhesives and sealants over the forecast period. However, fluctuation in prices of key feedstocks is expected to remain a primary challenge for industry participants. In addition, stringent regulatory framework, mainly in the U.S. and Europe, owing to growing environmental concerns is expected to hinder the market growth over the next six years. In order to overcome the aforementioned challenges, the industry has been shifting its focus towards developing renewable alternatives to petroleum based adhesives and sealants. Renewable adhesives and sealants are produced using vegetable oils and are environmental friendly in nature.
Water based adhesives dominated the global market, accounting for over 46% of total market volume in 2013. Water based adhesives have low environmental impact with no VOC emissions, a key factor for their high market penetration. Water based adhesives are expected to completely replace solvent based adhesives in the U.S. and European markets over the next decade. Water based adhesives are also expected to be the fastest growing technology, at an estimated CAGR of 5.4% from 2014 to 2020. The global market for hot melt adhesives is expected to reach 2,379.9 kilo tons by 2020, growing at an estimated CAGR of 5.1% from 2014 to 2020.
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http://www.grandviewresearch.com/industry-analysis/adhesives-and-sealants-market
For more information, visit http://www.grandviewresearch.com/
Friday Apr 24, 2015
Friday Apr 24, 2015
The global market for rare earth elements is expected to reach USD 10.96 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for metal catalysts such as Cerium and Lanthanum is expected to drive the market over the next six years. These metal catalysts find applications across a host of industries including automobiles, metallurgy, phosphors and glass among others. In addition, growing market for permanent magnets is expected to particularly boost the demand for Neodymium.
Certain rare earth elements such as terbium, europium and yttrium find applications in the phosphor industry. Phosphor is a vital component in the manufacturing of LCD screens and CRT displays, the growing electronic industry; particularly in Asia Pacific is expected to increase the demand for these elements. Depleting reserves, stringent regulatory framework, complex extraction and capital intensive nature of the extraction process are expected to be key challenges for market participants over the next six years. Recycling of these elements from waste could prove to be a key opportunity for the market in the near future.
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http://www.grandviewresearch.com/industry-analysis/rare-earth-elements-market
For more information, visit http://www.grandviewresearch.com/
Friday Apr 24, 2015
Friday Apr 24, 2015
The global market for mHealth (Mobile health) is expected to reach USD 49,119.2 million by 2020, according to a new study by Grand View Research, Inc. Monitoring services is expected to remain the dominant and fastest growing market segment, with market revenue of USD 1,227.5 million in 2012, and an estimated CAGR of 49.7% from 2014 to 2020.
Per capita healthcare expenditures have been increasing, which makes medical services unaffordable for a large percentage of the population. As a result, demand for mobile health is expected to increase considerably over the next six years. In addition to smartphone proliferation, uptake of 3G and 4G networks is expected to increase demand for telemedicine services. Aging population and growing incidences of diseases linked to changing lifestyles have intensified the need for affordable and accessible healthcare. Concerns among users, regarding the safety and privacy of information, along with the need for secure infrastructure, are the key challenges for market participants.
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http://www.grandviewresearch.com/industry-analysis/mhealth-market
For more information, visit http://www.grandviewresearch.com/
Friday Apr 24, 2015
Friday Apr 24, 2015
The global market for SBR is expected to reach USD 23,144.3 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for SBR in tire manufacturing is expected to support the growth of this market over forecast period. The automobile industry has witnessed significant growth over the past couple of years, resulting in increased demand for tires which in turn has boosted the demand for synthetic rubbers such as SBR. Tire was the single largest application segment for SBR market accounting for 73.5% of global consumption in 2013. Footwear was a small application segment in 2013, however is expected to witness significant growth over the forecast period on account of superior performance offered by SBR in sport shoe soles. In addition, the increasing price of natural rubber has created a crossover opportunity for synthetic rubbers such as SBR.
The implementation of tire labeling regulation in countries of EU, Japan and Korea, which is a prerequisite for manufacturing of high grade ‘Green Tires’, is expected to augment S-SBR demand,. EU regulations have made it mandatory for all manufacturers to label their tire for wet grip and rolling resistance. In order to have high grade of tire, S-SBR along with Nd-PBR filler is a key requirement. Certain SBR manufacturers such as Lanxess have converted their E-SBR plants to S-SBR in order to meet the growing demand from the tire manufacturers.
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http://www.grandviewresearch.com/industry-analysis/styrene-butaidene-rubber-industry
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Friday Apr 24, 2015
Friday Apr 24, 2015
The global market for outsourced customer care services is expected to reach USD 84.73 billion by 2020, according to a new study by Grand View Research, Inc. Transition towards host based or cloud based services is expected to benefit small and medium businesses (SMBs) and aid in penetrating emerging markets. High demand for mobility has resulted in the need for optimizing mobile customer care, which is expected to have a positive impact on the market over the next six years.
Growing demand for non-voice channels and other modes of interaction have been fueling need for multi-channel solution development. Focus on social customer care channels among others is expected to present sizable engagement opportunities for revenue generation to market participants. The need to ensure that data privacy and security concerns among end users are mitigated is expected to be essential for driving adoption of host based customer care (e.g. home agents).
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http://www.grandviewresearch.com/press-release/global-outsourced-customer-care-services-market
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Friday Apr 24, 2015
Friday Apr 24, 2015
The global installed capacity for hydropower is expected to reach 1,524 GW by 2020, according to a new study by Grand View Research, Inc. Cost advantages of hydropower based electricity generation and the substitution of fossil fuel based power production in an attempt to reduce carbon emission is expected to drive market demand. According to the estimates of the International Energy Agency (IEA), the deployment of sustainable hydropower as proposed by this organization will help avoid approximately one billion tones of annual carbon dioxide emission by 2050.
Rapid rise in demand for renewable energy especially in China, India and Brazil and the construction of key hydropower projects including the installation of 32 turbines and the completion of the third phase of the Three Gorges Dam in China in 2012, will fuel the future growth of this market. Supportive regulatory framework for sustainable energy in the U.S. and European Union is also expected to have a positive impact on market demand. Implementation of favorable government regulations such as the Hydropower Regulatory Efficiency Act and Small Conduit Hydropower Development and Rural Jobs in the U.S. and growing number of funding programs pertaining to the renewable energy sector in developed countries such as Italy and Canada are some of the factors which are expected to present future growth opportunities.
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http://www.grandviewresearch.com/industry-analysis/hydropower-industry
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Friday Apr 24, 2015
Friday Apr 24, 2015
The global cumulative installed capacity for wind power is expected to reach 760.35 GW by 2020, according to a new study by Grand View Research, Inc. Favorable regulatory scenario with a view to reduce carbon footprints is expected to be a key driving factor for the market. Governmental support in the form of tax benefits and financial incentives across various nations including the U.S., China, UK, Italy, Spain, India and Brazil has given a boost to the overall market, due to which wind power has been gaining a considerable amount of market share in the overall electricity generation.
Industrial applications dominated the global wind power demand, accounted for over 40% of the total market in 2012. Along with being the largest market, industrial applications are also expected to be the fastest growing, at an estimated CAGR of 13.3% from 2013 to 2020. Growing industrial production in India, China and Brazil is expected to result in a surge of energy consumption and have a positive impact on wind power generation industry. Other sectors where wind power is being used include residential and commercial heating/lighting applications.
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http://www.grandviewresearch.com/industry-analysis/wind-power-industry
For more information, visit http://www.grandviewresearch.com/
Friday Apr 24, 2015
Friday Apr 24, 2015
Global polyethylene glycol (PEG)market is expected to reach USD 1.68 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of PEG as a solvent in the manufacturing of laxatives and eye drops coupled with the growth of pharmaceutical industry is anticipated to drive market. Evolution of waterborne coating and paint in automotive and construction industries owing to growing demand for eco-friendly products is expected to augment PEG market growth.
Medical was the largest application for PEG, accounting for more than 40% of market share in 2013. Superior blending, hygroscopicity and non-toxic properties of PEG have resulted in high demand for the chemical in numerous pharmaceutical products such as tablets and ointments. Increasing pharmaceutical expenditure, particularly in emerging economies of India, China and Brazil, is expected to boost PEG market over the forecast period. Growing demand for paints & coatings coupled with increasing use of PEG as solvent due to its low VOC emissions is anticipated to fuel market growth over the next six years.
To request a sample copy or view summary of this report, click the link below:http://www.grandviewresearch.com/industry-analysis/polyethylene-glycol-peg-market
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Friday Apr 24, 2015
Friday Apr 24, 2015
Global isostearic acid market is expected to reach USD 447.9 million by 2020, according to a new study by Grand View Research, Inc,. Increasing personal care products demand particularly in Asia Pacific and Latin America is expected to drive the global isostearic acid market. Increasing demand for bio-ingredient based products on account of growing consumer awareness regarding hazardous nature of petrochemicals derived products is also expected to have a positive influence on the market growth. High price of isostearic acid owing to its limited supply is expected to hinder the market growth.
Chemical esters emerged as the leading application segment and accounted for 39.8% of the total market volume in 2013. Cosmetics and personal care industry uses isostearic acid derived chemical esters for applications such as skin care, deodorants, lipsticks and hair care products. Lubricant & grease is expected to witness the highest growth of 5.6% from 2014 to 2020. Growth of bio-lubricants industry particularly in developed economies of Europe and North America is expected drive this segment over the next six years.
To request a sample copy or view summary of this report, click the link below:http://www.grandviewresearch.com/industry-analysis/isostearic-acid-market
For More Information visit - http://www.grandviewresearch.com/