Thursday 28 June 2018

Rice Protein Market Advanced Technologies and Growth Opportunities Worldwide By 2014-2024

Industry Insights
The Global Rice Protein Market size was estimated over 11 kilo tons in 2015. Rice protein is an important type of a plant protein and is derived from brown and white rice varieties. The unique amino acid profile of these additives is driving their application in end-use industries such as pharmaceuticals and cosmetics. Rice protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars, and sports & energy drinks, owing to which the demand is expected to grow rapidly over the forecast period. The absence of artificial sweeteners and chemical additives has led to manufacturers preferring rice protein over soy and whey.


Product Insights
On the basis of protein content and processes, rice protein products are segmented into isolates and concentrates. In 2015, isolates dominated and accounted the majority of the market, in terms of value and volume in product segment. Isolates separate proteins from the foods, resulting in the low amount of fat, fiber, and carbohydrate intake in the final product. The demand for concentrates is expected to grow rapidly as they are cheaper and possess the ability to replace similar products. Concentrates are proven nutritious and healthier than whey due to which consumers have adopted concentrates over whey. The growing demand for sports nutrition products is expected to further augment demand for concentrates over the forecast period.


Application Insights
Major applications of rice protein include pharmaceuticals, cosmetics, food & beverages, and animal feed. In 2015, food & beverages application segment dominated the market by accounting over 50% of the global volume. Growing demand for products such as supplements, dairy alternatives, and sports drinks is anticipated to act as a major driver. Growing awareness regarding benefits of plant-based medicines is likely to act as a major driver for growing demand in pharmaceuticals. The rising health awareness regarding nutrition-related deficiencies is expected to boost the demand for rice protein in pharmaceutical manufacturing.


Regional Insights
North America accounted for over 47% of global market owing to high demand from food & beverage industry. The presence of a large number of manufacturers coupled with the high adoption rate of new products is expected to boost market growth. Asia Pacific is expected to be the fastest growing region due to growing disposable incomes in emerging economies of China and India. Increasing awareness regarding healthy lifestyles coupled with growing demand for protein-based nutritional foods is likely to fuel market growth over the forecast period.

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Competitive Insights
The key players in the market are Nutrition Resource Inc., Axiom Foods Inc., AIDP Inc., and RiceBran Technologies. The product nature of rice protein is responsible for the industry is highly concentrated and highly competitive. The key players have adopted inorganic development strategies such as partnerships and agreements with distributors and suppliers to increase market share. Plandai Biotechnology has entered into an agreement with AIDP Inc. to sell their products in developed markets of U.S. and Europe.

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Patient Temperature Management Market Scenario, Share, Outlook, Trend and Forecast 2025

Industry Insights
The Global Patient Temperature Management Market size was worth USD 2.3 billion in 2016 which is anticipated to grow at a CAGR of more than 7.9% during the forecast period. The key factor contributing to the market growth of patient temperature management is the rise in number of surgeries performed. Pre-surgery anesthesia administered to the patients lowers their body temperature. To prevent this, warming devices are used to eliminate intraoperative hypothermia. The rising prevalence of heart diseases such as cardiac arrest has increased the demand for patient temperature management in order to prevent adverse effects of high temperature on the brain and prevent further complications.


Based on products, the market is categorized into patient cooling and warming systems. Each category is further sub-divided as surface systems, conventional systems and intravascular systems. In 2016, patient warming systems dominated the market due to the increase in number of surgeries being conducted. These surgeries require anesthesia, which lowers the temperature of the patients’ body.


Product Insights
Patient cooling systems is expected to witness an attractive growth over the forecast period. This is due to the rise in number of cardiac surgeries being performed that requires cooling systems to eliminate the adverse effect of high temperature causing brain trauma injuries and neurologic outcomes. Increasing incidence of cancer and chronic cardiovascular diseases has resulted in the boost of the market. Cancerous cell multiply rapidly in patients with low body temperature. In order to prevent this, adjuncts such as patient warming systems are used along with chemotherapy and radiation therapy.

Increasing prevalence of chronic cardiovascular diseases, especially cardiac arrest has led to an increase in demand for cooling systems in order to prevent adverse effects of high temperature on the brain. The availability of technological advanced products such as blankets, head pads and surface pads has risen the demand for these devices.


Application Insights
On the basis of application, surgery segment held the largest market in 2016. This is due to the rise in number of surgical procedures such as gynaecological and cardiac surgeries. Temperature management systems are mostly used in pre-, post- and perioperative surgeries. Cardiology segment is expected to witness lucrative growth over the forecast period due to the increasing prevalence of cardiovascular diseases. According to Centers for Disease Control and Prevention (CDC), around 610,000 people in the US die of heart disease every year. Cardiovascular disease such as cardiac arrest and heart stroke requires cooling systems. This causes the growth of temperature management devices in the US.

End-use Insights
Based on end-use, the market is categorized into neonatal ICU, operating room, ICUs, emergency room and others. Operating room dominated the market in 2016 and is projected to witness high growth over the forecast period. This is due to the need for warming and cooling systems in operating rooms for maintaining the body temperature of the patient before, after and during surgery to avoid any kind of surgical complications. In 2016, neonatal ICU held the second largest market share due to rise in number of childbirth and premature deliveries. This is expected to further increase the demand of temperature management tools in neonatal ICU.

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Regional Insights
On the basis of region, North America dominated the market in 2016 due to rising number of cardiac surgeries. The rising awareness level among people and increase in healthcare expenditure also contributes to the growth of the market. Advancement in technology in temperature management systems has increased the penetration in the U.S. Asia Pacific is expected to witness rapid growth over the forecast period. This is due to the untapped market in the developing countries such as China and India. The increase in healthcare expenditure and increasing disposable incomes also contributes to the growth of this market.

Competitive Insights
Some of the key companies of this market are Stryker Corporation; Cincinnati Sub-Zero Products,LLC ; ZOLL Medical Corporation; The 37Company; Bard Medical, Inc.; 3M Company; Inditherm Plc; Medtronic, Inc.; and Atom Medical Corporation among others. Few strategic initiatives undertaken by the key players include mergers and acquisitions, new product development, and geographic expansions. For instance, in order to expand the product portfolio of temperature management systems, ZOLL Medical Corporation entered into an agreement with Philips Inner Cool with an aim to buy its temperature management business segment.

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Organic Rice Protein Market Raw Material Analysis and Market Trend Forecast to 2024

Industry Insights
The Global Organic Rice Protein Market was valued over USD 30 million in 2015 and is expected to witness rapid growth over the forecast period. The growing demand for organic, vegan, non-toxic and non-GMO food ingredients is expected to fuel the demand for these products. The hypoallergenic nature is proving extremely useful and replacing dominant allergens such as gluten proteins, dairy, and soy. The high nutritional value of these products owing to the presence of large amounts of amino acids is beneficial for building muscles owing to which organic rice protein is combined with dietary protein in health supplements. Increasing utilization of this product in sports & recovery drinks and non-dairy drinks is expected to propel the demand.


High-quality products developed using extensive R & D is driving market growth. Superior properties and low cost of these products are expected to open new avenues for application in end-use industries. Organic rice protein exhibits functional properties such as viscosity, solubility, emulsification, and foaming which helps in maintaining the quality of the product. Low consumer awareness about organic rice protein coupled with the availability of alternative products coupled is projected to act as a restraint over the forecast period.


Application Insights
Sports and energy nutrition application segment dominated the market in 2015 by accounting for over 85% share. The growing focus on healthy and nutritional drinks containing organic ingredients is expected to have a positive impact on market growth. The ability of these products to improve metabolism and controls sugar level is responsible for rapid growth in this application segment. The growing trend of going vegan is boosting the demand for meat analogues and extenders product category which is expected to boost the demand for these products over the forecast period.

Product Insights
This product is available in different forms such as concentrates, ion exchange protein, hydrolysates, and isolates. Isolates accounted for over 50% of market share in 2015. Isolates are utilized in baking, cooking, and beverages purposes as a flavor enhancer. Concentrates are witnessing gradual growth due to high investment by various market players and low cost of the product. Concentrates have the ability to replace products such as food proteins without impacting texture, taste, and color of the product.


Regional Insights
Europe is expected to witness the fastest growth on account of increasing consumer awareness. Growing consumption of meat analogs coupled with rising focus on healthier lifestyles is likely to propel the demand for organic rice protein over the forecast period. North America was the most dominant region for this market in 2015 by accounting over 50%, owing to growing demand for sports beverages in Canada and US. The presence of many key manufacturers in this region is likely to drive market growth over the forecast period. High preference towards natural food ingredients is expected to further augment the market growth.

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Competitive Insights
The key players in the organic rice protein market are AIDP Inc., Axiom Foods, and Rice Bran Technologies. The other industry players include Shaanxi Fuheng Biotechnology Co., Ltd., Top Health Ingredients Inc., The Green Labs LLC, Nutrition Resource Inc., Shafi Gluco Chem Pvt. Ltd., Bioway Organic Ingredients Co. Ltd., and Golden Grain Group Ltd. Agreements and partnerships are the strategies adopted by the key players. Companies are trying to increase their global reach by entering into partnerships and expanding their distribution channels. Key manufacturers are involved in extensive R & D for high-quality product development, which is expected to drive the competition among the key manufacturers.

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Oilfield Equipment Market Competitive Landscape and Manufacturers Analysis by 2020

Industry Insights
With the ever increasing population and the demand for oil as the primary resource of energy, the Global Oilfield Equipment Market during the forecast period is expected to cover a market size of USD 97.34 billion in 2013. Companies are investing in R&D for extracting oil and gas from the reservoirs using oilfield equipment. The technology is gaining momentum as a result of offshore activities in Gulf of Mexico in North America and South China Sea spread across countries such as Vietnam, Thailand & China. One of the major driver of this market is exploration of unconventional oil and gas resource. Exploration and extraction of unconventional reserves are not economical, the processes have to be carried out by these equipment, so this will result in the overall growth of the market.


The key players are likely to invest more to improve operations related to crude oil. The improvement can be achieved with developing tools of higher efficiency so as to give better output with safer working environment. The Asia Pacific region significantly is the major prospect to improve the operations standard in energy supply with lower import rates. Investment into technology development is driving the market so as to ensure safe and secure ways to derive the oil products both from onshore and offshore operations. Over the period of 2017-2020 the demand for technological shift on the onshore operations can witness the growth CAGR of 4%. The total market is estimated to increase at 12% y-o-y basis.


This fortune is expected due to improvement of oil market behaviour over recent times. Exploration & production companies in oil & gas industry are shifting towards development of other unconventional sources to inline their supply with the global market demand. One of the other ways of using equipment are renting the technology due to increase in the off shore activities. The entry of key players in the equipment rental segment is also a primary reason for the market drive. The geopolitical reasons and the idea of sustainable planet can be one of the restraints for this industry to bloom with the lack of skilled workforce.

Huge investment are being done in this segment to meet the demand of government rules. New technology that is trending, is EOR (Enhanced Oil Recovery) to extract maximum from the reserves. Thermal recovery, gas injection, and chemical injection are the type of EOR technology.The drift in thought of usage of green energy may impact the market growth over the forecast period.


Product Insights
Product segment included in this report are pumping equipment’s, valves, drilling equipment, offshore and onshore equipment’s like coiled tube and other automated tools. From exploration to extraction to supply for end use this equipment are used in many operations. Drilling equipment occupied the market share of 73.65% of the total market volume. This equipment is supposed to be the major equipment used are for exploring the reservoirs. The storage and transportation of crude oil is the major task for the players engage in this industry because of its toxicity in nature also the huge capital investment. Stringent government rules are ensured in order to protect and safeguard and secure the environment by developed countries.

Efficient transportation using source of energy is required for the pipeline mode in order to deliver the products to the end customer safely. In this way the pump and valves comes into picture as they are secondary segment of equipment in the market and are being used for the pipeline transport system. The treatment of crude requires other set of equipment to ensure the delivery of pure product before it is delivered to refineries to extract derivatives or to end users. One of the major segment which is of main concern to the industry is waste management.

Regional Insights
Countries like U.S. and Canada in North America leads the segment due to energy demand and boom in shale gas development. Countries of APAC also share a significant market share due to increase in capital investment in oil industry by Public companies and also from private companies like Reliance and Adani. Middle East and Africa due to presence of OPEC can expect a growth over the forecast period. China and India might set themselves up as a major consumer of technology advancement in crude oil operations. Latin America is also expected to grow significantly over the forecast period.

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Competitive Insights
The innovation in technology might decide the key players of this market segment over the forecast period. Key market players include Weatherford International, National Oilwell Varco, Halliburton, Schlumberger, Aker Solutions, Cameron International and Baker Hughes. The segmentation is carried out on the basis of operations they perform like manufacture and sell oilfield tools by FMC Technologies and National Oilwell Vraco, finding & extracting crude Halliburton and Weatherford, rental equipment’s by Rowan and Transocean.

Technological breakthrough like EOR, directional drilling and innovation in the field of rock bed fracturing will result in high growth. In addition to this fluctuating crude demand mainly on higher side added with swollen prices due to increasing exploration & production activities in remote places which in turn is expected to drive market players’ growth over the foreseeable future.

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Oil and Gas Drill Bit Market Worldwide Analysis and New Market Opportunities Explored by 2022

Industry Insight:
The Global Oil and Gas Drill Bit Market was valued at more than USD 4.9 billion in 2014. Increasing global demand for energy is expected to drive the demand for drill bit as exploration and production especially for shale gas are anticipated to rise over the forecast period. Increasing offshore drilling activities in the U.S. and the Middle East is anticipated to augment product demand over the forecast period. They are cutting tools used to create holes onshore and offshore as well. They are available in various shapes and sizes made of different materials such as diamond, carbide, and tungsten.


As exploration of unconventional sources such as CBM, shale gas has been increasing owing to rapid increase in global energy demand and several initiatives from various governments production from these reserves is expected to rise in the near future, hence driving substantial demand for drill bits. Various technological developments and product launches such as TerrAdapt adaptive drill bit and hybrid drill bits that combines the characteristics of technologies such as polycrystalline diamond bits (PDC) some of the new products in the market. Application of these new products has been increasing in directional drilling and large diameter drilling operation. Effective selection of drill bit type and in-depth testing of material has proven in cost saving and hence escalated overall profit.


The dip in the oil prices in the last few years has tremendously affected the E&P in oil and gas sector, hence restricting the development of new technologies in the drill bit industry. Growing concern of E&P companies to reduce operating costs along with rising requirement for optimized drilling performance have enforced OEM manufacturers to improvise bit design and performance. Changing customer preference for cost-effective equipment owing to of technological advancements have created opportunities for future development. Also, sustainability of the market depends on the supply of raw materials, product development and majorly on the prices.

Product Insights:
On the basis of product different types of drill bits are that have been considered include fixed cutter bits and roller cone cutter. Roller cone bits are sub-divided into tungsten carbide bits and milled-tooth bits. Also, the fixed cutter are further divided as polycrystalline diamond bits (PDC) and natural diamond bits. Roller cone bits are more efficient in soft formations as compared to other down-hole tools. Recent developments of sealed bearings are corrosion free and have minimum failure risks. Milled-tooth cutting is applicable for scraping exploitation in soft formation. While Tungsten Carbide inserts are used for hard-facing and gauge protection from abrasion failure And these inserts have better durability even in extreme hard formation.


PDC bits are leading product segment in the North American market owing to increased efficiency, durability, higher penetration level of more than 3000 meters and drilling operations, despite its higher costs. The demand has been increased in U.S. and Canada owing to their phenomenal properties. This type of bits is significantly being employed in the present scenario as they assist in less operating time in drilling by reducing any shear and tear. Roller cone drills have largest product segment covering more than 70% of the market share globally in 2014, and is anticipated to cross over net worth of USD 1060 million by 2022. R These bits are used to drill downhole by cutting or fracturing with tooth-shaped elements.

Cost effectiveness of the application of these bits is the primary factor anticipated to drive the market in the next eight years. However, they can lose market share as fixed cutters are more effective for encountering hard rock even for deeper wells. Unlike roller cutters, fixed cutters are made up of hard materials such as natural or synthetic diamonds for grinding and scrapping of rocks by rotary actions. Their demand is expected to grow at a CAGR of more than 5.5% from 2015 to 2022.

Regional Insights:
On regional basis segmentation, North America drill bit dominates the global market with around 35% of global volume in 2014. Tremendous upsurge in shale gas production is expected to be yet another major driving factor in the current low crude oil price scenario. Large reserves at Canada &Gulf of Mexico of shale gas are expected to witness increasing exploration & production activities which in turn, will boost product demand in these regions. The Asia Pacific region is estimated to grow firmly and is projected to reach the net demand of more than 800 units by 2022. Owing to rapid industrialization and urbanization in emerging countries such as China, India influences the oil producers to increase the supply, this, in turn, steers the growth of the market.

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Competitive Insights:
The global market is highly consolidated with prominent market leaders such as Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Varel International. Increased funds for R&D activities and customized product development for different types of earth formations are some of the current trends among the industry players. Schlumberger offers a wide range of application-specific bits and continuous involvement in innovation it helped the company to dominate globally generating total market revenue of more than 22% in 2014. These companies were accounted for more than 70% market share globally in 2014.

The main strategy for these companies includes strategic collaboration with smaller regional companies and increase their market share to sustain the market. Other prominent leaders in the market includes, Atlas Copco AB, Bellwether Resources International, Bit Brokers International, Century Products, DRILLBITS International (DBI), Drilformance, Drill King International, OTS International, PDB Tools and Kingdream Public Limited Company.

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Tuesday 26 June 2018

Polyvinyl Chloride Market Estimation, Formulation, Validation and Segmentation By 2020

Industry Insights
The Global Polyvinyl Chloride (PVC) Market demand was valued at 38.50 million tons in 2013. The decreasing dependability of PVC on non-renewable resources such as crude oil and natural gas as compared to other synthetic polymers is expected to drive the market growth. The demand for PVC in medical devices and automobiles owing to its characteristics such as high corrosion resistance, low price, workability, and effectiveness is expected to fuel market growth. Polyvinyl chloride (PVC) is the third most widely produced synthetic plastic polymer globally after polypropylene and polyethylene. PVC is available in two forms, namely rigid and flexible.


The rigid PVC has its application in bottles, doors & windows, non-food packaging, and construction of pipes. The flexible PVC is used in insulation of electrical wires and in the flooring of hospitals, homes, schools and areas where sterility is required. The attributes of the product such as resistant to alkalies & chemicals, resistivity to deformation, good tensile strength and easy availability contribute to the market growth. In addition, PVC is highly used for insulation of electrical cables in low and medium voltage applications owing to its high dielectric constant and volume resistivity. The economic recession of 2009 resulted in a sharp decline in the demand of PVC on account of its effects on major application industries including electronics & electrical, transportation and construction.


The application of the product in 3D printing, injection molding, and CNC machining is limited on account of its emission of toxic & corrosive gases while melting. PVC is highly flammable and emits hydrogen chloride (HCl) while burning thereby rendering it hazardous for the environment and restricting its use in applications with the risk of fire hazard. The diversified characteristics of the product enable its recycling for over five times, which increases it overall lifespan to around 140 years. The increasing infrastructure and construction spending in the developing markets of Latin America and Asia Pacific are likely to drive global PVC demand. The fluctuating prices of raw materials together with the strict regulations in North America and Europe restrict the use of PVC to medical applications only.

Application Insights
The major applications of PVC include electrical & electronics, construction, transportation, and consumer packaging. The product is used for car interiors such as dashboards and door panels owing to its high durability. In addition, PVC has its applications in the automotive industry as underbody coatings, sealants, floor modules, wire harnesses, passenger compartment parts and exterior parts on account of its inexpensive nature and abilities to reduce the vehicle weight and providing improved flexibility in designing. Construction segment accounted for over 55.7% of the global market volume in 2013. The global events such as Summer Olympics and FIFA World Cup led to the increase in the construction spending in the BRICS nations which is likely to propel PVC demand in the industry.


The consumer applications including footwear, sportswear, and appliances contribute to over 12.0% of the global market volume in 2013. The wide use of PVC in footwear and clothing on account of its water resistance and inexpensive nature as opposed to rubber and leather is expected to bolster market growth over the forecast period. The demand for PVC in electrical and electronics segment is expected to witness the fastest growth as opposed to its counterparts. This growth can be attributed to the increasing demand in the electronics market in Taiwan, China, and South Korea, which in turn is anticipated to fuel the demand of PVC over the forecast period.

Regional Insights
Asia Pacific emerged as the leader by contributing to over 58.1% of the global market volume in 2013. The infrastructural development and growth of the construction market in economies such as India, Indonesia and China owing to competent prices coupled with low labor cost is expected drive PVC market demand in the region. Europe is expected to account for the second largest market share contributing to over 18.9% of the global PVC market volume in 2013. The rising demand for the product in Turkey and Russia is expected to drive the European market growth.

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The demand for PVC in the Middle East & Africa is expected to witness the fastest growth as opposed to its counterparts at a CAGR of over 5.9%. The growth of the key end-use industries including electrical & electronics, automotive, and construction in South Africa and Saudi Arabia is likely to have a positive impact on the regional PVC demand.

Competitive Insights
The key players in the industry are Shin-Etsu Chemical Co. Ltd., Xinjiang Zhongtai Chemical Co. Ltd, Formosa Plastics Group, LG Chem, Axiall Corporation, ChemChina, Mexichem S.A.B., Westlake Chemical Corp., BASF, Ineos Chlorvinyls Ltd., Georgia Gulf Corp., Sinopec Group, Arkema S.A., Tianjin Bohai Chemical, OxyVinyls, Vinnolit GmBH & Co., Solvay S.A., and KEM One.

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Polymer Foam Market Analysis, Trends, Growth Rate, Status and Outlook by 2024

Industry Insights
In 2015, the Global Polymer Foam Market was valued over USD 113.85 billion. In terms of revenue, the market is expected to grow at a rate of 6.6% in the next eight years. High growth in applications such as packaging, furniture & bedding, and automotive industry is expected to drive the market expansion. Rapid growth in metropolitan areas and growing pace of infrastructure development in developing nations such as Brazil and China are expected to remain a vital factor to influence the polymer foam market over the forecast period. The features and properties such as flexibility, low heat transfer capability and low density are projected to fuel for the demand of polymer foam market.


Their efficiency in applications such as packaging and construction is excessive, and therefore the challenge of substitutes is projected to remain low. Various other substitutes such as bio-based polymers are available in the market; however, they are not as efficient as compared to the chemical reaction of polymer foams. The growing range of application areas in various industries such as, furniture & bedding and automotive industry is expected to thrust the growth over the forecast period. Growing technical developments along with the continuous advancements in R&D is estimated to result in encouragement of product demand in the near future.


Type Insights
The report includes the key product types of polymer foam including PVC foam, melamine foam, phenolic foam, polyurethane foam, polyolefin foam, polystyrene foam, polyvinylidene difluoride (PVDF) and silicone. Polyurethane foam, a type of polymer foam was the major segment accounting for over 23% of the global volume share and is also projected to witness a rapid growth in the near future. This is on account of its growing penetration in numerous applications such as, coatings & adhesives, footwear, building insulation and automotive industries. PU foam is estimated to experience a noteworthy demand from various applications such as furniture & bedding, carpets, and others.

Polyurethane foam can be categorized into two variants which are flexible foams and rigid foams. Flexible foams include applications in cushioning, while rigid foams are consumed in applications such as thermal insulation, and others. The increasing demand for PU foams from furniture & bedding, construction and building applications is expected to enhance the growth over the forecast period.


Application Insights
The applications of polymer foam consist of building, construction, furniture & bedding, packaging, automotive and others. In terms of global volume share, building & construction accounted for over 30% in 2015 and was the major segment in the market. The rise in the usage of polymer foams for insulation is expected to fuel the growth over the next eight years, followed by furniture and bedding segment which consumed over 25% of total volume share in the year 2015.

Regional Insights
In terms of volume, APAC was the major and the fastest growing market in 2015 and is anticipated to have a substantial growth over the next eight years owing to the growing construction businesses in developing nations such as China and India. Increasing disposable income and improving standard of living is projected to be the key driver in the near future. North America and Europe will remain key markets on account of the increasing penetration of polymer foams in marine, aviation and packaging sectors.

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As a result of increase in the construction activities in countries such as Canada and Mexico, North American market is presumed to observe a rapid growth. Sectors such as packaging and construction have experienced a substantial rise in the penetration of PU foams owing to their unique material characteristics which has led in boosting market penetration of the product in the North American region.

Competitive Insights
The major players in the market include Carpenter Company, BASF SE, British Vita Foams Plc., Armacell LLC, Rogers Corp, Woodbridge Foam Partner, Adeplast S.A, JSP Corp and INEOS Styrenics. With a view of gaining market share and expansion of business presence, the companies are increasing their production capacities and outputs. The market players are integrated across different stages of value chain. The market players are involved in agreements, mergers and acquisitions, innovations, innovative business tactics, collaborations, and new product developments in order to expand and strengthen their business presence. As a result of advancements and new developments in the industry, it is anticipated to witness a tough competition among the international firms as well as local companies over the next eight years.

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Protective Coatings Market Status, Scope, Regions, Types and Applications By 2025

Industry Insights:
The Global Protective Coatings Market was valued at USD 24.90 billion in 2015. The growth in this market is primarily an outcome of significant consumption in key end-use industries such as construction, oil & gas, and aerospace. The growth in the protective coatings market is expected to be positively impacted by the rise in the aerospace and automotive industries worldwide. The rising demand for passenger cars and the growing air traffic, most notably in emerging regions, are expected to drive the growth of this industry during the forecast period. The product finds major applications in the construction, mining, power generation, aerospace, industrial, and marine industries, among which the construction segment accounted for the largest share in 2015.


The growing infrastructure development in emerging countries such as India, Brazil, and China are anticipated to drive the demand for the product during the forecast period. The key restraints for the growth of the industry include the stringent government regulations, especially in the U.S. and European countries, regarding the volatile organic compound (VOC) emissions and increasing cost of raw materials. The rising demand for raw materials in the other end-use segments may negatively impact the growth of the industry during the forecast period.


Resin Type Insights
In terms resin types, the industry has been segmented into acrylic, epoxy, polyurethane, alkyd, and polyester. The epoxy coatings segment dominated the overall industry revenues in 2015, accounting for revenues of over USD 9 billion. The growing demand for high operational efficiency in key application verticals can be considered the primary factor driving the product growth. The alkyd resins segment is expected to observe a significant growth during the forecast period, driven by the growing application scope in segments such as automotive, construction, and oil & gas.

Product Insights
In terms of products, the industry has been categorized into water-borne, powder-based, and solvent-borne. In 2015, the solvent-borne segment accounted for revenues of nearly USD 8.5 billion, thereby dominating the overall industry revenue. However, this segment is anticipated to observe slow growth during the forecast years owing to strict government regulations on the use of solvent-based compounds with high VOC content. Water-borne coatings is another key segment, which is expected to experience the highest revenue growth of nearly 11% during the forecast period. Increasing demand for environmental-friendly products from key end-use verticals is slated to drive the segment growth.


End-use Insights
The industry has been segmented into construction, oil & gas, aerospace, mining, industrial, power generation, automotive, marine, and others, on the basis of end use. The construction segment dominated the overall industry, accounting for revenues of over USD 5 billion in 2015. This dominance and future growth of this segment can be attributed to rising infrastructure development activities and investments in emerging countries of Asia Pacific and Central & South America.

The growth of the aerospace and oil & gas segments is also expected to drive the demand for protective coatings during the forecast period, projected to grow at a CAGR of nearly 11%. This can be attributed to the increasing demand for the products in thermal barrier and surface protection applications, in the aforementioned industries, which witness high-temperature operations.

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Regional Insights
The Asia Pacific accounted for a major share of the overall industry in 2015, having recorded revenues of over USD 18 billion. This regional industry segment is expected to continue its dominance in the coming years, as a result of the presence of numerous manufacturers, easy availability of raw materials, rising construction initiatives being taken by governments, and low production costs. China is expected to be among the highest growing markets for the product worldwide during the forecast period, projected to grow at a CAGR of nearly 10%. The European region is expected to observe slow growth in the protective coatings industry, primarily owing to the political and economic instabilities in the region. The industry in Russia has been witnessing a significant boost in the construction sector, which is expected to offer high growth potential to product manufacturers in the region during the forecast period.

Competitive Insights
The protective coatings industry is highly competitive, with key manufacturers spread worldwide. The key global players in this industry include Wacker Chemie AG, BASF SE, AkzoNobel NV, The Sherwin-Williams Co., and PPG Industries. These players have adopted strategies such as capacity expansion and new product developments to gain a competitive edge over competitors in the global industry. The aforementioned global companies are, however, faced with significant competition from Chinese manufacturers. The significant positions of these Chinese players can be attributed to the low production costs, easy availability of raw materials, and rapid growth of the end-use verticals in the region.

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Flow Chemistry Market By Suppliers, Type, Application and Sales Price, Forecast 2014-2025

Industry Insights
The Global Flow Chemistry Market size was accounted over USD 930.0 million in 2015. Rising penetration of this technology in pharmaceutical products is likely to drive demand over the forecast period. The technology demand is driven by growing demand for environmental friendly processes in comparison with batch manufacturing processes. The technology provides favorable properties such as controlled environment, reduced reaction steps, low maintenance and less space occupancy. The ability of the technology to bring down production costs is expected to fuel the market growth over the forecast period.


Extensive research and significant advancements such as 3D printing, microwave irradiation, photochemistry, and gas-based processes coupled with usage of flow chemistry is likely to further augment penetration in industry applications. The lack of regulations over usage of continuous reactors in the market is expected to aid the adoption of flow chemistry technology. High R&D cost and high capital associated with technology is likely to act as a restraint over the forecast period.


Reactor Insights
CSTR reactors accounted over 40% of the market share in 2015. Early adoption and low cost of product is expected to play key role in driving the market demand over the forecast period. These reactors are fully automated in order to control the important reactor parameters such as pressure, torque, turbidity, pH level, gas flow, motor speed, and temperature. Micro reactors are likely to witness fastest growth from 2016 to 2025 with CAGR of 20%. Easy handling of unstable and hazardous materials coupled with high level of control during exothermic reactions is likely to fuel the demand for this technology over the forecast period.

Application Insights
Chemical application accounted over 30% of revenue share in 2015. Increasing usage of flow chemistry due to rising focus towards safety and environmental regulations, and cost effectiveness is likely to propel the market growth of this application over the forecast period. Pharmaceuticals is expected to witness a growth due to increasing old age population and rising health awareness, which will lead to maximum usage of flow chemistry in this sector.


Regional Insights
North America dominated the market by accounting over 30% of revenue share in 2015. Technology advancements and established chemical industry in the region is expected to drive the demand in this region. Rising petrochemical investment is also expected to have a positive impact on market growth. Asia Pacific was the second largest regional market in 2015. Rising demand for generic drugs is likely to boost the pharmaceutical industry, which will propel the demand for flow chemistry.

China is the largest producer of pharmaceuticals in this region is expected to provide large opportunities over the forecast period. Extensive R & D in the pharmaceutical industry in countries such as France, Switzerland, UK, and Germany are likely to propel the demand. Rising petrochemical application in Middle East is likely to drive the market growth of flow chemistry sector.

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Competitive Insights
Key players are PDC Machines Inc., Little Thing Factory, Lonza, Cambridge Reactor Design, Uniqsis, Parr Instrument Company, Corning Incorporated, Future Chemistry Holding BV, Saida FDS Inc., Vapourtec Ltd., Biotage Syrris Ltd., Milestone Srl, CEM Corporation, and AM Technology. New product development is the strategy adopted by market players. Flow chemistry products are distributed by suppliers. The key suppliers include Sigma Aldrich, Amar Equipment, and John Morris Scientific. Some of the important consumers are Akzo Nobel Chemicals, Air Products & Chemicals, Novartis, BASF, and DSM.

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Colorants Market Size, Trends, Key Players, Outlook and Industry Analysis Report 2025

Industry Insights
The Global Colorants Market was estimated at 2,025 kilo tons in the year 2015. Natural colorants are extracted from different sources including agricultural, biological, minerals and others. It is anticipated to witness a significant growth due to rising demand for pigments & dyes from various end-use applications majorly including textiles, food & beverages, and plastics. Colorants are defined as a substance that is used alone or in combination with other ingredients to impart colour in the product by altering its chemical and physical properties. The market has experienced immense growth in countries such as India, China, U.S., Canada, and Germany over the past few years due to the increasing awareness towards consumption of natural ingredients.


The key driving factors such as increasing consumer preferences for attractive product packaging, and fashionable clothing trends, especially in U.S. are expected to spur the colouring agents demand over the forecast period. The North American market is dominated by U.S., owing to the high demand of pigment & dye product. The regional market is further influenced by numerous factors including a rise in paints demand and technological advancements. Moreover, dyes & pigments are the natural or synthetic substances, which provides hiding power, colour and precise physical attributes to a final product. They also support in enhancing durability and corrosion resistance characteristics to end-use products. Colour additives are the key components that are utilized in manufacturing several finished products, by improving its physical properties to make them attractive, appetizing, and appealing for its customers.


Application Insights
The textile dominated the application sector and is anticipated to grow at a CAGR of more than 3.5% in the coming years. Increasing consumer spending on garments and clothing is expected to boost the market growth over the forecast period. In addition, increasing drift towards consuming eco-friendly products is triggering the use of dyes in the textile industry, which in turn has led to an increase in the overall colouring agents’ sales. Growing usage of colours in beverages and sugar products such as sweets, chocolates, and ice creams is also anticipated to propel the product demand and was valued at above 250 kilo tons in 2025. Rising consumption of carmine, caramel, and annatto in personal care and food & beverage applications due to its eco-friendly nature is expected to open new opportunity avenues for market expansion.

Printing application segment was estimated to be around USD 1.8 billion in 2015, owing to increased usage of ink and printing colours in ceramics, wall coverings, fabrics, plastics, glass, metals, paper, and others. Moreover, due to inherent features of inkjet such as water and light fastness and resilience towards bleeding & heat, it is used in several end-use industries including leather, paper, plastics, textiles, constructions, coatings & paintings. Colorants are a significant part of several products, making them informative and appealing. Consumers can identify a particular product with its respective function because of the unique colour code offered by the colorants. This trend is widely adopted in candy flavours, packaging, and therapeutic dosages. Trading of such colorants products is controlled by global regulatory bodies including the U.S. Food and Drug Administration (FDA) and the European Union.


Regional Insight
On the basis of region, the global colorants market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Central & South America. Europe emerged as a leading consumer accounting for more than 35% of the revenue in 2015. Growing inclination for naturally derived color additives along with the favorable regulatory norms is predicted to steer the market growth in personal care, textile, and food segment over the forecast period. Rising architectural coatings and printing inks demand in North America are anticipated to boost the market growth in the next eight years.

The demand for dyes & pigments was recorded over 550-kilo tons and is estimated to witness highest growth rate during the forecast period. The Asia-Pacific market was worth USD 5,500 million in 2015. Increasing utilization of color additives in emerging economies such as China, India, and Japan from end-use industries such as paper, textiles, coatings and plastics are contributing towards the regional growth.

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Competitive Insights
The key players in the colorants market include ROHA JTT group, Teknor Apex Company, Pylam Products, T.H Glennon, DD Williamsom, San-Ei Gen F.F.I., Inc., Symrise AG, GNT Group, Lanxess AG, Clariant International, Penn Color, Polyone, Jagson Colorchem Limited, Sensient Technologies Corporation, Sethness Products Company, Chr. Hansen Holding. The coloarnts producers are involved in sustaining healthy supply and distribution chain across the globe to increase its market presence.

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Coiled Tubing (CT) Market Sales, Price, Revenue, Gross Margin and Region Analysis 2014-2025

Industry Insights
The Global Coiled Tubing(CT) Market in 2016 was valued at USD 3.25 billion. Rise in intervention, exploration, & production activities will boost the global market over the forecast period. Oil and gas being the primary energy resource for automobile sector, power, and other activities the demand in energy cannot see a major dip. Initially the technology was innovated for new and live well only but with growth of demand, the application was used for the production of depleted gas wells. The reuse of oil wells after maturity and rise in oil extraction operational cost are key factors that will drive the market. Shorter rig-up time make coiled tubing even make more attractive for drilling and work over applications.


Coiled tubing is a complete set of steel pipe and surface equipment’s that include reel, injector head, control cabin and power pack. With the development in exploring other unconventional resources the growth of market can be achieved. With decline of oil and gas well due to continuous use to fulfil the energy needs of human race make it a potential market to grow over eight years. The rigorous pressure imposed by the government of most country in line with exploration and extraction of oil and gas on various regulations related to unconventional and conventional resource is generally given to the exploration & production companies. The drafting guideline i.e. DRAFT IRP 21 (2016) has backed up the technology for operations using coiled tubing.


On the basis of service, the market is bifurcated into well intervention and drilling services. The continuous operation of the oil and petroleum industry results in the boost of the market. A producing oil well once started with the operation can come up with many problems like maintenance, so to continuous use of the operational well the coiled tubing is a great tool. Coil tubing technology is a cheaper version of work-over operations. Hole drilling and milling operations are some other areas of service by coiled tubing. Common coiled tubing steels have yield strengths ranging from 55,000 PSI to 120,000 PSI so it can be used to reservoir fracture, a process where a pressure is generated to break the underneath rock bed so as to allow the product flow. In oil well operations can perform any function as per the requirement.

Services Insights
The major segment is accounted by well intervention due to difficulty in finding new oil and gas well in the year of 2016 in terms of revenue. This service is sub divided into completion, cleaning, maintenance and other activities related to well (which includes pre, during and post operations). These entire services are catered by the segment during the entire life cycle of the well. Earlier it was established as a cost-effective well cleanout tool. Three quarters of total coiled tubing revenue comes from conventional wellbore cleanouts and acid stimulation. Most recently, fracturing the rock bed and drill applications have emerged as two rapid market gainer.


Operation Insights
The pumping operation include filling and removal of sand, fracturing the rock bed by pressurizing or acidizing, slurry pumping, removal of harmful gases from the bore, plugging of well bore. This segment from 2017 to 2025 is expected to grow at a CAGR of 5.2%. Other major operations include liquefication, logging, and perforation. Among this circulation is the most commonly used operations.

Application Insights
The use of CT has grown beyond cleanout and simulator of acid. This growth is driven by technology and material advancement. The growth applications are drilling, fracturing, subsea, deeper wells and flow line. Other traditional applications are well cleanouts, well unloading, stimulation, velocity strings and fishing. Because of functioning even in the harsh and extreme conditions such as in offshore this segment lead with 45% of the overall market. Offshore applications the one at Northern Sea. Common offshore applications include well interventions or production for extending well life. CT is mostly used in chemical wash in subsea operations, which is done by pouring down the chemicals to the bottom. In data transmission also it is replacing wireline and electrical cables.

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Regional Insights
Countries of APAC such as China, India, Australia and Indonesia with the dual factor of investment and presence of reservoirs can make it as a potential market. The demand of resource in North American region lead the market by 42% in terms of revenue. Canada and the U.S. together have the highest market share. The resources such as skilled manpower, and use latest technologies & equipment has driven the North America. Coiled tubing industry is anticipated to show a significant growth in countries such as Argentina Russia, Algeria, and Poland over the forecast period.

Competitive Insights
Presence of some major giants such as Baker Hughes Schlumberger, Archer Limited, Halliburton, Calfrac Well Services Ltd, Superior Energy Services Inc., Weatherford International Inc ,Trican Well Service Ltd., Cudd Energy Services and C&J Energy Services, Inc. has consolidated the global market. The presence and their participation in value chain of the makes them a key player in the field of energy.

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Coal Bed Methane (CBM) Market Analysis, Latest Trends and Regional Growth 2020

Market Insight:
Global Coal Bed Methane (CBM) Market is estimated to reach USD 17.3 billion by 2020, growing at a CAGR of 5.9% from 2014 to 2020. Natural gas, the cleanest of all the fossil fuels is a rapidly growing energy source and is gaining market share significantly. Owing to its increasing applications for domestic and transportation use, it has been evolving as one of the primary sources of global fuel. Coal bed methane (CBM) is also known as coal bed gas, coal-mine gas, or coal seam gas (CSG). CBM market is estimated to gain moderate growth owing to its growing application in manufacturing, residential, automotive sector. Shale gas and CBM are used as alternatives for depleting oil reserves and increasing energy demand. It is expected that natural gas will be the highest demanded energy source in the near future.



Depleting conventional natural gas sources has shifted the market focus towards unconventional gas sources like CBM, Shale gas and Tight Gas. These factors are anticipated to boost demand for CBM in the next few years. Moreover, it is expected that availability of unconventional sources is much higher than conventional natural gas sources. CBM production is projected to increase over the forecast period owing to increased exploration and extraction of conventional natural gas globally. By application of vertical drilling, the cost of producing one cubic meter of CBM costs around USD 0.11. Drilling cost is approximately around 75% of total production of one cubic meter of CBM. Maintenance cost for equipment and machinery costs nearly 6.8% of the total cost, while the operational expenses goes to 5.4% of the total cost.

Application Insight:
The major application for this segment includes industrial, power generation, commercial, Residential, automotive sector and transportation. In 2013, over 64% of total production was consumed by industries and power generation plants. Currently, power generation is the most attractive investment sector globally owing to higher return on investment. CBM can be converted into petrol, ethanol or diesel, can also be stored in canisters for application of domestic or local fuels. The high quality of gas recovered is suitable for replacing conventional natural gas in power stations which include gas turbines and gas engines systems.


Regional Insight:
Globally, Canada and USA are largest producers accounting for over 70% of total volume in 2013. Demand for CBM in the region is largely driven by the increasing market for sustainable fuel in U.S. and to reduce the reliance on conventional sources of natural gas. The Asia Pacific region, owing to increasing drilling operations mostly in coal-rich nations such as India, China, Australia, Indonesia is expected to be the fastest growing CBM market globally. Globally, CBM is extracted from North America (US & Canada), Asia-Pacific (India, China, Indonesia, Australia), Europe (Poland, South Africa, Russia, UK), and ROW (Colombia).

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Competitive Insights: Some of the leading market players for CBM include Quick Silver Resources Inc., Baker Hughes Incorporated, Santos, ConocoPhillips, Dart Energy Ltd., Fortune Oil PLC, Arrow Energy, and Blue Energy Limited. Halliburton Co., Metgasco Ltd., Reliance Power Limited, and Senex Energy Limited. The other market players are AGL Energy Ltd. Great Eastern Energy Corp. Ltd, Black Diamond Energy Inc., Metgasco Ltd., Senex Energy Ltd., and Reliance Power ltd.

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Tuesday 19 June 2018

Sterilization Equipment Market Size, Trends, Key Players, Outlook and Industry Analysis Report 2025

Industry Insights
The Global Sterilization Equipment Market size was worth USD 4.3 billion in 2016 which is anticipated to grow at a CAGR of more than 9.5% during the forecast period. Various factors, which led to such huge market growth, include increase in the aging population, rise in the number of surgeries conducted, and surging incidences of chronic diseases. Also, there are number of changes in the government policies and regulations which in a way is helping the sterilization equipment market to grow and advance. Such changes in the policies have resulted in increase in the adoption of sterilization equipment by various hospitals and diagnostic centres. Similarly, increase in the number of government initiatives, which are stringent enough to ensure utmost quality of the product, is making way for the sterilization equipment market to grow.


Advancement in technologies of sterilization equipment such as gamma ray filtration, radiation, microfiltration and many more have created wide scope for sterilization equipment in the food industry. Government bodies of developing countries such as Japan, Mexico, and Brazil, are making huge investments to spread awareness about the application of sterilization equipment, and thereby focusing on quality and safety. Such equipment is mainly used for sterilization and disinfection before surgeries. In regions such as Latin America, Middle East and Asia Pacific, the market is witnessing increase in foreign investments, which is leading to revenue generation for the market.


Technique Insights
The heat sterilization technique captured the largest market share in 2016 in which hydrated state is preferred more than dry state due to its greater reliability in use. It is estimated that the low temperature market segment is expected to grow at the highest CAGR due to compatibility with thermo-labile products, lesser complex in handling and monitoring. The introduction of various advancements in technology of the equipment for sterilization technique has led to better business expansion and penetration to various regions around the globe.

End User Insights
The hospital segment captured the largest market share in the year 2016, due to growing infection burden, rising number of surgeries performed, advancing technologies and rise in the number of patients being admitted. The ever-increasing need for quality assurance and quality control by pharmaceutical company in its manufacturing and storage processes resulted it to be the second largest segment in the global market.


Regional Insights
North America dominated the sterilization equipment industry having largest revenue share in 2016. Increasing incidences of disease caused by a number of infections, rise in the use of reusable surgical equipment, greater advancement in technology is leading to greater market share of the region. Whereas, Asia Pacific is expected to exhibit the fastest growth during the forecast period due to increasing number of medical devices manufacturers in the region, rise in the incidences of infection, upsurge in the number of hospitals and potential scope of growth in the food and chemical industry.

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Competitive Insights
Some of the top companies operating in this industry are STERIS Corporation; Advanced Sterilization Products Services, Inc.; Getinge Group; 3M; Cantel Medical; Belimed; and others. A huge pool of companies is focused towards advancing the sterilization equipment technology after thorough research and development in this sector. The most common strategy opted by companies are through mergers acquisitions and collaboration in order to gain the maximum market share in the industry.

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