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Water Soluble Fertilizer Market Strategies With Forecast Till 2024

5th April 2021 – The global water soluble fertilizer market size was USD 12.5 billion in 2015 and is anticipated to reach USD 22.0 billion by 2024. Increasing demand from wide range of fustigation application coupled with increasing awareness and adoption of micro irrigation systems is anticipated to boost the global demand for water soluble fertilizers. Growing demand and need for superior yield owing to increasing world population, reduction in arable land, and great demand of biofuels is expected to impact the global demand for water soluble fertilizers. Harmful ecological impacts of over/high fertilization, including pollution of ground water, disturbances in environment life sciences, and increase in area under ocean dead zones are expected to restrict the market growth.

Increasing awareness among farmers across emerging economies coupled with technology driven farm practices. High priced crops including vegetables and fruits are expected to drive the market demand. Growing protection of cultivated crops is estimated to attract growers around the globe since it offers good returns on investment. Large number of growers entered into the greenhouse system of agriculture production industry to achieve higher rates of return for their products. The use of these fertilizers is expected to be highly seasonal and improved, thus protected crop production is anticipated to drive the market demand for fertilizer products, particularly for water-soluble fertilizers.

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On the basis of fertilizer type, the global market has been segmented into Nitrogen, sulphur, iron, chlorine, magnesium, calcium, Phosphate, and potassium which include secondary and micro nutrients. Nitrogen is expected to be the widely used element in the market and is expected to continue its dominance owing to its easy availability and It is used to synthesize proteins, amino acids, enzymes, nucleic acids, and chlorophyll. Nitrogen nutrients can be further classified into Urea, ammonium sulphate, nitrate, and calcium nitrate.

Phosphate is expected to witness significant growth rate over the next seven years It stimulates root formation and shoot growth at the early stages of plant growth. lack of Phosphorus levels in plants may result in poor seed and fruit development and also reduces the growth of plants significantly. Phosphorus is particularly important and widely used in cool weather. Starter fertilizers constitute more of these nutrients in huge amounts. Potassium is expected to have moderate growth rate over the forecast period. This element helps the plants to resist diseases and boosts root growth. Potassium nutrients improve cold hardness and helps in increasing the size of fruits and vegetables. Signs of potassium lack or deficiency include slow growth, shriveled fruit, weak plants, and leaf burning at margins or tip.

On the basis of application, water soluble fertilizer market has been segmented into fertigation and foliar. Fertigation is expected to be the largest segment in terms of revenue and market share owing to its wide applications among various crops. Fertigation processes involve injection of soil amendments, water-soluble products and fertilizers into an irrigation system. Foliar feeding is a method of nourishing plants by applying the liquid fertilizer to their leaves. Plants and crops are able to absorb essential nutrients through their leaves. This absorption is carried out through their stomata and also through their epidermis.

On the basis of crop type, the market has been segmented into Field Crops, Horticultural Crops and Turf & Ornamentals. Field corps constitutes the largest segment in the global market owing to its wide applications across the globe. These crops are grown for agricultural purposes and are consumed by people. Growing population and demand for vegetables and fruits is expected to be the driving factor for the market growth in this segment. North America is expected to the largest regional segment in the global market. Extensive use of bio fuels has increased the demand for fertilizers and is driving the growth in this region High consumption of meat and meat products has been driving the high use of fertilizers in North America as it increases the demand in animal feed and feed products.

Increasing adoption rate of merchandize and micro irrigation processes in the Asia Pacific region, is expected to witness significant growth rate for water soluble fertilizers key players in the market are Yara International, The Mosaic Company, Agrium Inc., ICL Fertilizers, PotashCorp, CF Industries. Other industry participants include QAFCO, Haifa Chemicals, SinoFertK+S AG, Uralchem, and SQM. The water-soluble fertilizers market is expected to be highly fragmented with major players driving the growth through expansions, agreements, new product launches and acquisitions, to develop their position in the market. These strategies were followed by the industry participants to expand their global presence and enhance their product portfolio.

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Medical Automation Market Analysis, Growth Forecast by Manufacturers, Regions, Type and Application to 2024

22nd January 2021 – The global market for medical automation in 2015 was estimated to be at USD 34.21 billion. The major factors impelling the growth are rising adoption rate of automated equipment for therapy and diagnosis of chronic disorders. According to a report by WHO, chronic diseases are considered to be the leading cause of mortality globally. These diseases include respiratory diseases, diabetes, heart disease, stroke and cancer which accounts for around 60% of deaths. As per a research published by NCBI, around 40.5% of the population in U.S. is predicted to suffer from one or more than one cardiovascular disease by 2030, leading to expansion of the patient base. Increasing adoption of automated devices can be attributed to the rising demands for reproducibility and accuracy in wide array of medical procedures.

Moreover, the rise in laboratory automation and benefits associated with automation in pharmacies is broadening the growth prospects further. These benefits include such as reliability, speed, reduction of errors in huge sampling and greater cost efficiency which is anticipated to positively impact future demand over the coming years. Furthermore, advent of technologically advanced products such as usage of robots in radio surgery, material handling in hospitals and others, are factors predicted to drive growth potential.

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The largest share of over 35.0% in application segment was held by therapeutic automation in 2015. The dominance can be attributed to consistent rise in the adoption rate of automated devices such as therapeutic dispensing systems, defibrillators, surgical robots, automated microscopes, portable imaging device and orthopedic navigation systems. The high demand for automation while performing minimally invasive surgeries is expected to widen the scope for adoption of robotic surgical systems thereby fueling to the medical automation industry over the coming years. The advantages offered by these systems such as increase in process efficiency and enhanced patient safety. In addition, they can be used as standard emergency care which is predicted to drive the growth prospects and further broaden the penetration of these systems in future.

The segment was dominated by hospitals & diagnostics centers segment in 2015 with a share of more than 25.0%. The dominance can be attributed to growing usage of automated devices in pharmacies & laboratories sufficing various requirements in diagnostic procedures. Automation in hospital segment, particularly in tier 2 & 3 cities of emerging economies of the Asia Pacific region such as India is presenting with lucrative opportunities. For example, the Indian hospitals including Fortis and Apollo are aiming at providing automated healthcare services which are operational in the region. Moreover, presence of various government agencies such as National Patient Safety Agency is striving for improvement in penetration of automation in hospitals, which is responsible for greater share garnered by hospitals.

A substantial revenue share of over 43.0% was held by North America in 2015 as a consequence of increasing healthcare expenditure by government healthcare and life science sectors to promote research. Europe held the second largest market share owing to demographic shift in geriatric patient base, possessing greater susceptibility to chronic disorders thereby pushing demand for automated point-of-care testing. Additionally, presence of various government organizations including Medicine and Healthcare Products Regulatory Agency which validates automated systems in pharmacies and devices with the regulations of the region is predicted to provide growth opportunities in the coming years. Asia Pacific is anticipated to witness attractive growth opportunities during the forecast period owing to the frequent upgradation in healthcare infrastructure, growing patient awareness levels and prevalence of cardiovascular diseases, orthopedic disorders, cancer and diabetes.

The prominent players include Danaher Corporation, Koninklijke Philips N.V., Siemens AG, Stryker Corporation, Intuitive Surgical Inc., GE Healthcare, Swisslog Holding AG, Medtronic Plc., Tecan Group Ltd., Accuray Inc. Competition in the industry is high as a consequence of prominent players undertaking strategic initiatives such as acquisitions, technological advancements, new product launch and collaborations. For instance, Tecan acquired Sias AG in November 2015, to expand the business for providing mechanization solution for laboratory. Moreover, the competitive nature of the industry is also a result of high amount of investments in R&D, contracts and distributive agreements, which are anticipated to keep industry rivalry high throughout the forecast period. For instance, Accuray Inc. and medPhoton GmbH entered in collaboration in May 2016, to strengthen their sales and distribution network.

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Orthopedic Braces and Supports Market - Industry Size, Growth, Applications, Opportunities and Forecasts to 2025

21st January 2021 – The global orthopaedic braces and supports market size was worth USD 3.1 billion in 2015 which is anticipated to grow at a CAGR of more than 6.7% during the forecast period. Increasing prevalence of arthritis is one of the leading cause of the growth of orthopedic braces and supports market. It is the most common form of arthritis which affects the population of all ages. According to the Centers for disease Control and Prevention, in 2015, 30 million US adults were estimated to suffer from osteoarthritis. It is estimated that 54.4 million of the US adults are affected with some form of arthritis. People with arthritis are the major target for orthopedic braces and supports. The second most common form of arthritis is rheumatoid arthritis which cause muscle pain.

Increase in geriatric population is one of the primary driver for the growth of the market. This population is highly affected by musculoskeletal disorders. According to International Osteoporosis Foundation, osteoporosis and low bone mass is a major threat to around 44 million U.S. men and women of age 50 and older. Approximately, 30% of the post-menopausal women suffer from osteoporosis in the US.  Weakening of bones, connecting tissues such as cartilages and ligaments with age increases the risk of muscle injury in knees and shoulders. This supports the increasing need of orthopedic braces and supports.

Sports related injuries are increasing with the increase in participation of people of different ages in various sports activities. Athletes are engaged in fitness related activities such as cycling, running, and others. While performing health benefit related activities, athletes tend to sustain injuries which may give rise to ligament injuries. Athletes involved in indoor health activities are at high risk of ligament tear. This generates the demand for ankle braces. These products help to restrict the movement of affected part thereby making the healing process faster. Orthopedic braces help athletes to protect themselves from further injury. It helps to restrict the movement of the unwanted part during any activity, thereby facilitating a convenient play.

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Knee supports and braces segment held the largest market share in 2015, due to a large number of people affected by knee joint and related injuries. Knee braces helps in pressure relief from the joints that are affected by arthritis. Foot and ankle braces are anticipated to show lucrative growth over the forecast period. This is due to the rising number of participation in sports related activities by people of all age group. The increasing number of participants in Paralympics also supports the growth of the market. Upper extremity supports and braces segment are also expected to grow at a significant rate in near future.

On the basis of end use, the market is segmented into hospitals, orthopedic clinics, Over-the-Counter (OTC), and other facilities. Orthopedic clinics contributed to the largest market share in 2015, due to reluctance of patients to visit specialty clinics for acute musculoskeletal disorders. OTC segment is expected to witness an attractive growth over the forecast period as the orthopedic braces and supports are easily available in retail pharmacies. OTC products do not require any prescription of doctor, so patients with acute muscle problems prefer OTC products.

North America held the largest market share in 2015, due to the rising prevalence of arthritis in the U.S. People are at a high risk of osteoporosis in the U.S. due to increase in geriatric and obese population. Increased participation in sports related activities in conjunction with rise in awareness level among people related to orthopedic braces and supports is expected to further support market growth. Asia Pacific is expected to exhibit fastest growth over the forecast period. This is due to the rise in geriatric population in the region which in turn increases the demand for orthopedic braces and supports, thereby accentuating the growth of the market.

Few major companies of the market include DJO Global, Inc.;Breg, Inc.;Alcare Company Ltd.;Bauerfeind AG;Össur Corporate; McDavid Knee Guard, Inc.; FLA Orthopedics, Inc.; Otto Bock Healthcare GmbH; and Frank Stubbs Co., Inc. The key players are focusing on strategic initiatives such as mergers, acquisitions, new product development, and regional expansions. For instance, in 2015, Merz North America acquired ON Light Sciences, Inc., a company specializing in laser-based dermatology with an aim to expand its esthetic product portfolio. These companies are also concentrating on the manufacture of customized braces & supports to cater to the individual needs of the patients.

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Acetic Acid Market - Industry Size, Growth, Analysis, Applications, Opportunities and Forecasts to 2022

20th January 2021 – The global acetic acid market to reach $13.3 billion by 2022. Rising production of vinyl acetate monomer (VAM) as a result of growth in automotive and construction industries of emerging economies including China and India is expected to remain a key driving force. Acetic acid finds applications as a precursor for the production of numerous compounds including camphor, mono chloroacetic acid, photographic chemicals and diketene require acetic acid. The aforementioned compounds are further processed to produce greases, adhesives, sealants and coatings. Growing importance of preventive maintenance in the manufacturing sector is expected to promote the usage of lubricating greases, protective coatings and sealing agents which thus, in turn, will have a positive impact.

Growing demand for water-based paints & coatings in automotive and construction industries owing to rising awareness towards eco-friendly products is expected to promote the use of polyvinyl acetate, polyvinyl alcohol, and ethyl vinyl acetate. Furthermore, significant gains in VAM market as a result of increasing applications in construction, automobiles and furniture industries is projected to have a substantial impact. PTA (Pure Terephthalic Acid) is used as a precursor along with mono-ethylene glycol for the production of PET, and processed for manufacturing carbonated soft drinks (CSD) bottles, automotive ancillaries, and electronic consumables. The increment in sales volumes of CSD in developed markets including the U.S. and Germany on account of new product launches such as Diet Coke is expected to fuel the demand for PTA, and thus, in, the turn will augment acetic market growth. Over the past few years, vinegar has emerged as a culinary ingredient for the production of functional food. Rising awareness among consumers toward the health benefits of vinegar is expected to have a positive impact on industry.

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VAM accounted for over 25% of global acetic acid industry share in 2015. Rising demand for VAM as a precursor for the production of adhesives on account of exhibiting superior properties including enhanced adhesion, fiber forming, optical and electrical properties is expected to have a positive impact on the industry. Growing demand for biaxially oriented PET film in food packaging and thermal insulation applications is projected to have a substantial impact. However, rising spending towards toward the development of 100% bio-based PET by CSD companies including Coca-Cola Company is expected to force PTA manufacturers to prefer bio-based paraxylene as raw material over acetic acid and thus, in turn, will pose a significant challenge.

The increasing acceptance of advanced polyesters in the textile sector on account of providing excellent properties of breathability, and durability as compared to other conventional polymers is expected to open new markets. Growing importance of diluents and eco-friendly solvents including acetate esters in food & beverage industry as a result of high market visibility in developing countries including China and India is expected to expand the demand for acetic-based product forms.

The acetic acid market in China was 5,391.4 kilo tons in 2015 and is expected to witness significant gains on account of strong foothold of VAM and acetate esters on a domestic level. Furthermore, the positive outlook towards packaging industry as a result of significant gains in application segments including food & beverage and pharma is expected to drive the market. North America accounted for 15.9% of global volume share in 2015. Significant improvement in automotive sector of the Mexico as a result of new product launches in four wheeler segments by Nissan is expected to increase the consumption of VAM and thus, in turn, will fuel acetic acid demand in the near future.

Key acetic acid market participants include Eastman Chemicals, British Petroleum, Saudi International Petrochemicals, Celanese, DuPont, Wacker Chemie, Jiangsu Sopo (Group) Co., Ltd. In April 2016, AkzoNobel and Atul Limited announced the establishment of new mono chloroacetic acid manufacturing unit in Gujrat, India. This facility is expected to serve the food & beverage, pharma, and agriculture application segments and will open new markets over the forecast period.

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Medical Image Analysis Software Market Outlook to 2024: Top Manufacturer Analysis, Industry Overview and Forecast Report

19th January 2021 – The global Medical Image Analysis Software Market size is estimated to reach USD 4.51 billion by 2024 and is anticipated to grow with a CAGR of 8.1% throughout the forecast period. High growth of the market is majorly attributed to the increase in usage and uptake of imaging software for the diagnosis purpose. This technology is widely used for the diagnosis in the field of orthopedic, dental, neurology, oncology, urology and others. In addition, shifting in focus to provide enhance care has led to the incorporation of various computer aided diagnosis systems, which is further contributing towards market growth. Continuous increasing in the prevalence of chronic disorders such as neurological diseases, cardiovascular diseases and cancer require medical imaging systems to provide effective and fast diagnosis. This fact will further push the market demand of medical imaging software, leading to drive the market growth.

Introduction of technologically advanced products such as 3D imaging, multimodality imaging platforms is also presumed to augment the market over the coming years. Furthermore, various benefits including flexibility and high-resolution imaging, along with convenient use of multi modal integrated workflows are expected to bolster the demand and increase product penetration throughout the forecast period. The largest share of around 30.0% was held by radiographic imaging in the modality segment owing to wide scale availability and cost-effectiveness, which are presumed to be key drivers for the market. The fastest growing segment is anticipated to be ultrasound imaging because of its accuracy and ability for rapid analysis. In addition, the radiation-induced side effects are minimized by use of these techniques, which is considered to be the potential factor for the segment growth.

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Integrated software held the largest share of more than 55.0%. Dominance can be attributed to high adoption of the software due to its benefits including, cost effectiveness and centralized data storage. Moreover, multiple users can process and view the data with the use of integrated software which provides live viewing features. The aforementioned factors are presumed to drive the preference of physicians and healthcare providers towards use of this integrated software. Also, lucrative growth rate is expected to be witnessed by stand-alone software with a CAGR of 7.5% throughout the forecast period due to its user friendly interface.

The major application of medical image analysis with a substantial market share was seen in the orthopedic segment in 2015. According to a report by CDC, over 52.5 million people in the U.S. were diagnosed with orthopedic related disorders in the period of 2010-12, which is expected to increase the utilization of medical image software in near future. Moreover, increasing geriatric population base and frequent product approvals for use of medical imaging systems in orthopedic is projected to boost the market growth. The largest share of around 32.0% was held by hospitals in end user segment. Supportive infrastructure, which helps in performing surgical intervention with medical imaging software. Moreover, favorable reimbursement by Medicare and Medicaid are increasing surgery volumes, where these devices form an important part of the procedures and contribute to market share.

The largest share of over 33.0% in terms of revenue was held by North America in 2015. Presence of key market players, favorable initiatives by government, and high R&D investments are anticipated to be major drivers for the regional dominance. Asia Pacific region is to be considered as the highest growing region with CAGR of 9.7% throughout the forecast period. Growing in this region is majorly supported by the favorable government policies for incorporation of medical imaging software and devices to achieve accurate diagnostic results. Furthermore, increasing expenditure on healthcare in developing economies including India and China supports the growth of this region during the future period.

Some prominent market players are, Xinapse Systems Lts., Bruker Corporation, ClaroNAv Inc., Esaote Inc., Merge Healthcare Inc., MIM Software Inc., Aquilab GmbH, Spacelabs Healthcare Inc., Agfa-Gevaert Corporation, Toshiba Medical Systems Corporation, Siemens Healthineers, Carestream Health Inc., Philips Healthcare, and GE Healthcare. The industry shows a high competitive rivalry owing to various strategic initiatives such as technological innovation inputs, acquisitions and merger, collaborations, and product launches. For instance, NEO new oncology AG was acquired by Siemens Healthineers in May 2016 to enhance their R&D capabilities product portfolio for treatment of cancer.

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Pain Management Devices Market Geographic Segmentation, Analysis by Types and Regions and Forecast to 2022

18th January 2021 – The pain management devices market was estimated to be USD 3.18 billion globally in 2014. This can be attributed to increasing geriatric population along with rising number of population suffering from diabetes. According to estimates published by International Diabetes Federation, the prevalence of diabetes is predicted to increase to 552.0 million by 2030 from 355.0 million in 2011 globally.

The increasing incidence of diabetes makes a huge population base susceptible towards development of chronic pain which is expected to drive the growth. The market is primarily driven by aging population base which is more prone to develop various chronic disorders. These chronic disorders include diabetes, cancer and cardiovascular disorders accounting for over 87.0% of disease burden in geriatric population. In addition, there has been an increasing prevalence of cancer accompanied with chronic pain and serves as a potential contributor towards high potential growth. The trauma is a result of compression of a nerve by tumor and other factors which can be subsided with the use of these devices. According to estimates, over 20.0 to 50.0% of patients suffer from acute pain during diagnosis and about 75.0% as the disease progresses.

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The products included in the market are neurostimulation devices, analgesic infusion, electrical stimulators and others. The market was dominated by neurostimulation implants such as sacral neurostimulators, deep brain stimulators, spinal cord stimulators in 2014 having revenue share of over 48.9%. This can be attributed to the wide array of applications of these implants in stimulation of vagus nerve, scaral nerve, deep brain, spinal cord, respiratory and others. When compared to traditional methods, neurostimulation implants are more efficient owing to their ability to produce sustained reduction in pain threshold. Moreover, the adverse effects associated with traditional medicine therapy will contribute to the shifting focus towards usage of neurostimulation implants. On the contrary, it is expected that radiofrequency ablation devices will witness a lucrative growth throughout the forecast period. This growth can be as consequence of the extensive use of these devices for treatment of varicose veins, cardiac disease and tumors. The effect of ablation therapy lasts for around 6 to 12 months making it the most effective treatment. Radiofrequency ablation products are also used for treatment of neuropathic, musculoskeletal and cancer pain.

The major applications include trauma, musculoskeletal disorders, migraine and facial, neuropathic and cancer, which can be accessed through neurostimulation products. A substantial share was held by neurostimulation devices owing to the efficient results achieved by stimulation of spinal cord. Additionally, these products also have various benefits such as stimulation of customized level based on the activities done by the individual in a day. These show their action by inducing cell necrosis by temperature thermal therapy. The market was dominated by North America with a revenue share of around 49.5% in 2014. The dominance can be as a consequence of supportive healthcare infrastructure which helps in increasing accessibility of pain management devices. Moreover, initiatives by government such as Affordable Care Act and Precision Medicine along with favorable reimbursement policies contribute to the regional growth. Also, increasing awareness level amongst individuals coupled with high healthcare expenditure is predicted to broaden the growth potential. A lucrative growth is expected to be witnessed by Asia Pacific throughout the forecast period as a consequence of supportive governmental policies for improvement in healthcare infrastructure. Also, emerging economies such as China and India have high disposable incomes and is anticipated to drive the demand.

Prominent players include Stryker Corporation, St. Jude Medical, Smiths Medical, Medtronic Plc, Pfizer, DJO Global LLC, Codman and Shurtleff, Boston Scientific Corporation, Baxter International Inc., Melsungen AG., and B Braun. Key strategies include acquisitions, mergers and alliances to provide a competitive edge. For instance, Spinal Modulation Inc., developer of axium neurotransmitter system, which helps in targeting neural structure in spine, was acquired by St. Jude Medical in May 2015 which is predicted to strengthen product portfolio of the company.

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Agricultural Films Market Overview, Challenges and Growth Opportunities Analysis till 2024

13th January 2021 – The global market size of agricultural films market in 2015 was USD 7.27 billion. The growing population and the increasing demand of food with the rise in agricultural productivity are driving the market over the forecast period. The factors which drive the market are requirement of high quality crop and declining arable land. These films are basically used for crop protection and increasing productivity. In order to fulfill the demand of population these agricultural films are in demand. Application of agricultural films includes covering of a greenhouse, covering soil from shifting due to wind, film for water reservoirs, tunnel films and as a wrapper around fodder. Basic function it serves in agricultural is farming and crop production. The wide range of its specialized application led the commercialization of the product.

Blocking Ultra Violet (UV), florescent, NIR (Near Infrared) blocking, and ultra-thermic films are some of the major innovations that can impact positive product demand over the forecast years. Concerns regarding disposal of product is anticipated to be a hindrance on the future growth. Use of plastics and its derivate can adversely affect the market growth due to strict government policies in concern of clean planet. The innovation of biodegradable and bio-based product films is expected to open new ways of manufacturing products for industry participants. Developed countries and their mindset on ecofriendly space for living is gaining demand for the product. Horticulture and development in technology in this field coupled with the development of UV protection films, single and multi-layer and particle to improve productivity is expected to lift product demand in future. Bio-PVC films and other modified products are going to develop immense opportunities for the industry over the forecast period.

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LLDPE i.e. linear low-density polyethylene was the raw material segment in 2015 growing with the CAGR of 5.7% from 2016 t0 2024. With Properties like durability, finished products extended shelf life with high tensile strength, and improved thermal characteristics are expected to increase the market shelf life over the forecast period. The increasing use of biodegradable LLDPE films and its development is going to be the major market driver for its growth over the forecast period. Over 21% of the market in 2015 was accountable for LDPE film. LLDPE and LDPE (Low Density Polythene) are expected to witness high demand in regions such as Asia Pacific. Areas with limited water supply and harsh climatic conditions these products find a good market space to bloom.

HDPE i.e. High Density Polyethylene and EVA i.e. ethyl vinyl acetate/EBA i.e. Ethyl butyl acrylate films are used in rigid agricultural applications. Mulching and fumigation applications are mostly served by HDPE films. Recycled films materials are reclaiming, as compared to other raw material used the price of this polymer is not competitive despite of its high tensile property. Films manufactured from PVC i.e. Poly Vinyl Chloride and EVOH i.e. ethylene vinyl-alcohol have noncompetitive prices which result in less market penetration. Other reason which accounts for lesser penetration is lesser durability of finished products added with non-biodegradability of the products.

Due to applications such as control on increased soil temperature, speeding up the germination and cultivation cycles, reduced water consumption and keeping fertilizers and nutrients closer to the plant mulching leads the segment and is accounted for more than 43% of total market space in 2015. Increasing demand of high-quality yield crops, health awareness and rising incomes is expected to move the industry. The global agricultural films used in mulching are expected to reach USD 5752.5 million by 2024. Greenhouse is projected to witness the rapid usages with the CAGR of 5.6% over the forecast period. Agriculture based on greenhouse technology will be trending which will have positive effect on market in Asia, Middle East, and Western Europe. With uncertain climate change due to multiple factors like population and industrialization demand for horticulture and floriculture segment will see more growth of these products. Stretch silage due to durability, protection against the damage caused by sunlight, notably UV light and cost effectiveness serves as air tight package that in return restricts the unwanted fermentation for all agricultural products.

The Asia Pacific leads the market in this region led the global industry which is over 70% of the total demand. Usage of mulch is done by over 80% of the farmers. Government supported initiatives in R&D for this product is the major driver of this product in this region. China is to witness the fastest growth over forecast period. Stringent environmental policies regarding manufacturing, usage and disposal of this product in Europe will cause stagnant growth in near future. However, focus is shifting towards biodegradable materials in this region. Demand will be average in Central & South America. Developing economy like Brazil, India and Argentina with advancement in technology and implementation to achieve desired yield will cause the product penetration.

Presence of small scale industry of this product segment regionally resulted in fragmentation of market space, especially in China and India. Major companies operating in the industry include BASF, BELLY’S, Novamont, BP Industries (BPI), Trio Plast, Armando Alvarez, ExxonMobil, Trioplast, Group Barbie, Britton Group, Kuraray, and Ab Rani PlastOy. Key players significantly play a major part in the whole value chain. The major competitive factor is innovation that is the reason major companies have been investing immensely in R&D to differentiate themselves from competitors to increase their presence in the industry. Strategic collaborations with biotechnology firms to develop new polymers and enhancing supply chain efficiency are also used by companies to have competitive advantages including M&A.

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Big data Market Dynamics, Growth Prospect and Consumption Analysis till 2025

12th January 2021 – Big Data Market is the term for large and complex data set that includes challenges like capturing, storing, sharing, transferring and analyzing data. The traditional data processing software is inadequate to deal with them. Increasing popularity of social media that produce large amount of data can act as driver for its growth. The market size was USD 25.67 billion in 2015 and it is forecasted that it will grow to USD 123.2 billion by 2025. Big data market includes software and services which can be further divided into big data analytics, data discovery and visualization. The growing demand for big data analysis includes increase in easy sharing, mobile devices, internet penetration, abundant information and resources. The market has shown tremendous growth in its adoption rate recently. The market is segmented across geographical regions like Latin America, MEA, Asia pacific, North America and Europe. Asia-pacific is expected to be fast growing region.

This mainly includes storage devices, Network components and server that are used for data processing and storage. It is estimated that network component market will grow about CAGR 20% over a given period because of big data. Security becomes important when it comes to handling large data, so new network security paradigm and algorithm should be developed. At present due to cloud computing there is elevating demand for storage space and in coming nine years it is expected to witness more healthy growth.

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Visualization or Graphical user interface (GUI) is important because user need to access data when required. This market will witness growth with CAGR more than 15% over given time period. The big data market is expected to present great opportunity for data vendor in next four to five years, so proper and effective visualization is needed. Big data analytics is processing large data sets to discover correlations, market trends and hidden patterns which is handy in making business decisions. This segment is also expected to grow due to increase in awareness of analytics in large enterprises for making strategic decisions and to reduce risk of failure. Service is delivery of information, consulting or statistical analysis tools to a firm by outside provider that helps to understand and use large information. This segment will have training & development, deployment and maintenance. Many organizations spend large amount of money on training, analytical tools so this segment will observe growth over a forecasted period. Demand for technicians and vendor executive will witness growth over forecasted period.

Developed economics used data intensive technology on large scale. Information stored in alphanumeric text and still image data is most useful format for big data applications. Companies invest heavily for effective data traffic management tools such as predictive text analysis. At present, telecommunication and IT are industries utilizing this solution on enormously. Data whether structured or unstructured needs to be managed. The need for tools to manage large data will drive the market. Multinationals collect and store data so as to process and extract information needed which will eventually help in decision making, operational efficiencies and cost reduction. The potential of data analytic will make it applicable in different sectors as healthcare, gaming, defence, BFSI and media.

Big data technology has given opportunities to different sectors and business to store, process and manage data and convert it into useful information. In 2015 North America was major region in market which was having more than 30% of total revenue. Over a given time Apac is expected to grow at a fastest rate among various regions with CAGR exceeding 17% in given period. Use of data in public as well as private sector will be providing better opportunities for this market. Europe will also witness a significant growth due to use of big data in government and private sector.

Big data and IOT works together. Efforts are made to reduce hardware cost which includes network component and storage cost reduction. Organizations are investing in R&D to achieve integrated big data solution so as to increase its efficiency and capabilities. Gaining precise information has the highest priority in industry as it helps in understanding customer needs. Alpine Data Labs, Databricks, HPCC Systems are some organization that deals with Big data.

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Printed Electronics Market Growth Analysis, Trends Forecast by Regions and Types to 2025

11th January 2021 – Printed electronics is a method use for creating electrical devices on various substrates. In 2015, printed electronics market size was valued at USD 3.02 billion and products are expected to gain traction resulting in significant growth of industry. The advantages such as low cost, flexibility, stretch ability and portability will lead to market growth. The use of IoT is providing growth opportunities across the sector. The adoption of OLED display and RFID devices is constantly increasing owing to its higher efficiency, low cost and low power usage. The use of polymer, paper and oligomers in production of printed electronics will have positive impact on industry.

The organizations are investing heavily on R&D resulting in continuous development of new products and innovations have enhanced existing abilities that are used across various fields. Printed electronics have undergone continuous upgrade and improvisation. The major players in industry are focusing on strategic initiative such as mergers and acquisition to increase their market share in emerging economies of Asia pacific regions. The manufacturer implements technology on different products such as display devices, smartphones based on necessity for sales purpose. Asia pacific regions such as India, Taiwan, china and other regions is witnessing great demand for printed electronics technology and is predicted to dominate in coming period. Thin film Electronics ASA has signed agreement with CynMetrik for distribution.

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The market is segmented based on material that include different components such as conductive inks and substrates. The ink segment will be major revenue generating segment and will dominate over forecast period. The numerous benefits and vast application of printed electronics will drive the market in forecast period. Thus, the segment will contribute to growth of overall market. The use of nano imprint lithography technology is anticipated to have positive impact on market. Flexographic technologies, screen, inkjet and gravure are various technology used in printed electronics. In 2015, the screen printing technology segment dominated in terms of revenue and is expected to dominate in next six years. Inkjet printing technology will witness growth over CAGR of 20% in coming period. The advantages such as low wastage and material consumption, low initial setup cost and flexibility will help in growth of segment.

The devices market is divided into photovoltaic, display devices, lighting, RFID and others. In 2015, the photovoltaic devices and display devices contributed largely in market share and will maintain its dominance over forecast period. The growing demand for active clothing, smart labels, flexible displays and animated posters animated and decorative posters is expected to boost the growth of printed electronics market. The RFID device has its application in packaging sector which will drive this segment across globe. The demand for RFID devices is increasing in packaging sectors because of its advantages such as reliability, accuracy, authenticity and low cost. The segment will have highest CAGR from 2016 to 2025.

In 2015, the Asia Pacific regional market dominated industry in terms of revenue. Increase in adoption of printed technology by end user resulted in spectacular growth. The boost in electronic manufacturing sector in this region will have a positive impact on printed electronics market. Increased investment in R&D and adoption of technology will fuel the North American and European regions market growth. The use of various technologies in industrial application such as lighting, photovoltaic and RFID are important factors in steady growth of industry. The region is estimated to witness significant growth over forecast period. BASF SE, PARC, DuPont, Molex, Inc., and E-Ink Holdings, Inc., is major players in industry. The key players are competing for understanding the market and establishing domination by investing in R&D, innovative product launches, and better printing capabilities.

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Transparent Ceramics Market Size & Share Analysis by Type and Region, Forecast Report, 2024

8th January 2021 – The global Transparent Ceramics Market size is anticipated to reach USD 1.1 billion by 2024. It is projected to expand at a CAGR of 22.4% over the forecast period on account of its increasing demand from various application sectors as an alternative for traditional glass technologies in numerous functions for instance armors, optical fibers, lasers and infrared domes. The increasing emphasis on deployment cutting and laser tools is enhancing the transparent ceramics market globally. In addition, growing penetration of transparent ceramics on account of its excellent properties as compared with conventional ceramics is presumed to fuel the expansion over the forecast period. The product consists of materials which are transparent under the electromagnetic wave as well as UV and IR light. Some of its materials provide multipurpose and special properties which are appropriate for lasers and scintillators.

The aerospace, defense & security sector accounted for 22.3% of the overall market share in the year 2015. The sector is anticipated to witness a speedy growth over the next eight years on account of increasing expenditure in this sector for new advancements. Transparent ceramics are used for manufacturing windows, hemispherical domes and armors for missiles. The constant rise in the expenditure for the improvement of aerospace & defense segment, specifically in the Middle East, is presumed to fuel the overall growth. The optics & optoelectronics industry is anticipated to garner revenues worth USD 302.40 million by the year 2024. The product is utilized in CCDs, CMOS, transmitter, couplers and image & display sensors on a large scale, as a result optics & optoelectronics application sector is expected to garner the highest revenue share over the forecast period.

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The monocrystalline transparent ceramics accounted for over 53.4% of the total revenue share in the year 2015. They are projected to witness augmented growth over the forecast period. The polycrystalline transparent ceramics are expected to witness the fastest growth over the forecast period on account of its increasing application scope such as armors, laser equipment and optoelectronic devices.

The demand for spinel is anticipated to witness a rapid growth over the next eight years on account of its increasing application for manufacturing defense industry related products. The polycrystalline structure of the material enables it to be a commercially feasible option for application in spinel. Sapphire accounted for 41.30% of the total revenues in the year 2015. The material segment is presumed to continue its dominance over the next eight years on account of its rising usage in electronics & semiconductor industry. Yttrium aluminium garnet (YAG) is projected to grow at a moderate rate on account of its increasing application in defense vehicles and optic devices. The material segment is expected to garner a market share of around 22.1% by the year 2024.

Asia Pacific accounted for approximately 45.0% of the total market share in the year 2015. The demand in this region is fueled by the increasing application of the product on account of its excellent properties. In addition, the rising demand for iron & steel and defense sectors owing to rapid industrialization is presumed to boost the overall growth. The availability of raw materials at cheaper rates along with large number of manufacturers and suppliers is a crucial factor for the market growth in this region. China is expected to lead the growth of Asia Pacific during the analysis period. The U.S. market was estimated at USD 20.90 million in the year 2015 and occupied more than 60.0% of the total revenue share in the North America. In addition, increasing expenditure of the country in defense sector is projected to fuel the demand over the forecast period. The global market in Europe is highly influenced by the glass & ceramic refractory and steel & iron industry. It is expected to witness a significant growth rate of 18.4% CAGR over the forecast period.

The major players are continuously engaged in R&D activities for new product development and innovations with an aim of strengthening their foothold in the market and achieve a competitive edge over the competitors. The major participants include Coorstek, Schott AG., Surmet Corporation, IBD Deisenroth Engineering, Murata Manufacturing Co. Ltd., CeramTec, Koito Manufacturing and Ceranova. The increase in the applications for transparent ceramics is anticipated to provide a competitive advantage to the market participants.

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Polyvinyl Alcohol Films Market Key Players, Industry Overview, Supply and Consumption Demand Analysis to 2025

7th January 2021 – The global Polyvinyl Alcohol (PVA) Films Market is estimated to develop at a substantial CAGR for the duration of the prediction. Growing problems of waste removal, together with strict ecological guidelines, are motivating the necessity for decomposable raw materials in the packing business. This reason is likely to motivate the demand for polyvinyl alcohol (PVA) films, mainly in the packing business. The polyvinyl alcohol (PVA) films are atmosphere responsive and they do not discharge any poisonous gases on burning.

Increasing use in the agricultural business is likely to offer huge openings for business members. But, inconsistent prices of petrochemicals are blamable for an unbalanced pricing of PVA films above the previous a small number of years. The polyvinyl alcohol films market on the source of Type of Application could span Embroidery, Agrochemical Packing, Laundry Bags, and Detergent Packing [Industrial Detergent, Consumer Detergent]. The packing of Detergent was the leading use for water-soluble applications in the past few years. Packing of Detergent is likely to be the speedily increasing application above the prediction period and is a pretty section for industry members. The stable infiltration of washing machines in emerging markets, like India and China is expected to be an important reason motivating the demand for polyvinyl alcohol (PVA) films in the application of consumer detergent packing.

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The application of the water-soluble films in embroidery is yet at their budding phase. Their use in embroidery upsurges the dimensional steadiness of the materials, while their practice in laundry bags removes problems of pollution mainly in the therapeutic business. The polyvinyl alcohol (PVA) films on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America [U.S.A], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Central & South America [Brazil], Middle East & Africa.

By the source of geography, North America was the biggest provincial market for polyvinyl alcohol (PVA) films in the last few years and is likely to carry on its supremacy above the prediction period. This area is likely to record reasonable development proportions above the prediction period for water-soluble uses. Growing demand for the detergent from numerous end-use businesses, for example domestic areas, restaurants, hotels and hospitals is likely to motivate the development of the provincial market. The Europe is one of the biggest markets for agrochemicals and is likewise some of the speedily developing exporters of food grains. Increasing demand for foodstuff and the necessity for food security in Europe are the reasons anticipated to increase the demand for agrochemicals. This, sequentially, is expected to power the demand for polyvinyl alcohol (PVA) films above the prediction period.

The Asia Pacific is estimated to record a substantial CAGR for the duration of prediction by means of income. The subdivision of agrochemical packing is one of the biggest donors to the development of the PVA films market in the Asia Pacific, due to the growing demand for agrochemicals in the area. The statement revises Trades in terms of intake of polyvinyl alcohol (PVA) films in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Sekisui Chemical Co., Ltd., Nippon Synthetic Chemical Industry Co., Ltd., Kuraray Co., Ltd., AMC [UK] Ltd, Arrow Coated Products Ltd., Nippon Gohsei, Changzhou Water Soluble Co Ltd, Cortec Corporation, MonoSol LLC, Aicello Chemicals.

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Oriented Strand Board (OSB) Market Key Players, Industry Overview, Supply and Consumption Demand Analysis to 2022

6th January 2021 – Global oriented strand board (OSB) market size was estimated over USD 8.0 million in 2014. The growing substitution of plywood by OSB in applications such as residential construction and commercial sector is expected to have a positive impact on market demand. The high strength to weight ratio and easy installation advantages provided by oriented strand board are driving market growth of these products. This product is consumed for both non-structural and structural applications such as shelving, pallet manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological advancements in countries such as Brazil, Russia, China, and India for the development of new products is anticipated to create new growth avenues over the forecast period.

Increasing consumption of office furniture and home furniture is likely to propel demand over the forecast period. The product finds application in various industries for packaging as it exhibits properties such as durability, core-voids, rigidity, moisture resistance grade, lightness, and lack of knot holes. Fluctuating raw material prices can act as a restraint to the market demand. The adhesives used in the manufacturing of OSB are obtained from the petroleum industry. The price fluctuations in the petroleum industry are expected to impact negatively on the manufacturing activity.

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In 2014, construction segment accounted over USD 4.0 million. Increasing consumption of structural insulated panels, industrial containers, single-layer flooring, subflooring, webs for wood I-joists, wall and roof sheathing, mezzanine deck, and sheathing ceiling is expected to drive product demand over the forecast period. In terms of revenue, packaging is projected to grow at a CAGR of 29.0% over the forecast period. The high level of strength exhibited by these products coupled with low prices is boosting demand in this application segment. Growing packaging industry in countries such as UK, Hong Kong, India, Canada, Thailand, Taiwan, U.S., Singapore, China, and Australia is likely to fuel the market growth over the forecast period.

In terms of volume, North America was the largest global market and accounted for over 55.0% in market share owing to raw material availability and strong environmental regulations. The growing export from Canada is expected to drive market growth over the forecast period. Asia Pacific witnessed rapid growth in construction and packaged foods industry. The rising disposable income coupled with urbanization in emerging economies is expected to have a positive impact on market demand for oriented strand board.

The key players in the oriented strand board market are Huber, Norbord, Louisiana-Pacific, ARBEC, Georgia-Pacific, Weyerhaeuser, RoyOMartin and Ainsworth Lumber Co. Home featuring material such as LP TechShield Radiant Barrier Sheathing developed by Louisiana-Pacific was favored by The U.S. Green Building Council (USGBC). In 2013, Georgia-Pacific opened new plant in Clarendon for the manufacturing of different OSB products such as Thermostat OSB Radiant Barrier Sheathing. Norbord acquired Ainsworth Lumber Co. in June 2015 owing to extensive mill network of the company.

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Specialty Pulp and Paper Chemicals Market Analysis by Key Players, Industry Growth, Forecast and Supply Demand to 2025

5th January 2021 – The global Specialty Pulp and Paper Chemicals Market is likely to reach USD 26.23 billion by 2025, with a CAGR of 3.0% during the forecast period. Increasing importance of functional chemicals, that offer outstanding visual possessions and increase printability, is some of the numerous features motivating the development of the business. Specialty pulp and paper chemicals are utilized by way of raw materials by the paper producing companies to manufacture the specialty paper. It supports to change and improve the useful possessions of the paper for example strength, brightness, color, and the confrontation to water. It likewise decreases the ingestion of energy and water. Similarly, specialty chemicals are utilized in the manufacturing procedure of specialty paper which decreases the generation of the paper wastage, therefore the raw material necessary for the manufacture of specialty paper is of a lesser amount as equated to standard paper.

Specialty paper is utilized in a number of uses that consist of printing, packaging, labeling, writing, and others. Greater demand in the application of printing and writing in a number of nations for example the U.K., Brazil, India, China, Thailand, Germany, and the U.S.A, will trigger the demand for the product above the subsequent a small number of years. Big companies are growing their geographic existence so as to increase general stake in the market.

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The division of the Specialty Pulp and Paper Chemicals market on the source of Type of Application. The market can be divided into Printing, Packing, Labeling and others. The subdivision of packing ruled the business, during the past year and helped in growth of stake of the international capacity. Extensive uses of the product in the fields of Cups, Paper Tubes, Paper Plates, Take out Boxes, Corrugated Clamshell, and Packing of Foodstuff is an important supportive part in the progress of the market. The division of the Specialty Pulp and Paper Chemicals market on the source of Type of Product. The statement shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into the types Process Chemicals, Functional Chemicals, Bleaching Chemicals, and Basic Chemicals.

The division of the Specialty Pulp and Paper Chemicals market on the source of Area. The statement divides market into a number of important Areas. The division is done with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction. The area wise division of the market done like North America [U.S.A, Canada, Mexico], Europe [France, Spain, Germany, U.K., Italy, the Netherlands, Russia, Turkey], Asia Pacific [India, Japan, China, South Korea, Malaysia, Indonesia, Vietnam, Thailand, Australia, and New Zealand], Central & South America [Venezuela, Brazil, Argentina], Middle East & Africa [UAE, Saudi Arabia, Iran ]

By the source of geography, the area of Asia Pacific headed the market during the past year. It is estimated to hold its supremacy above the predictable future. Demand for the specialty paper for the application of packaging has an important capacity development in the area. Gush in retail marketing infrastructure, reinforced by increasing necessity for wrapped merchandises in the area of Asia Pacific, has motivated the market in the province. The area of North America is expected to observe slow development because of strict rules relating to the manufacture of pulp and paper, enforced by ecological organizations for example the EPA. Yet, the business is expected to be motivated by growth in application variety of specialty papers and demand for biodegradable materials for reprocessed papers. The area’s biggest economy, the U.S.A, is expected to implement the usage of ecological and 100% biodegradable products. This will consequence in the development of the market.

The statement revises Trades in terms of intake of Specialty Pulp and Paper Chemicals in the market. Particularly in the areas of North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these areas and the nations. With reference to Trades, Price, Profits and Market stake for respective competitor in these areas. Some of the important companies, operating in the field on international level are Kemindo International, the Dow Chemical Company, Ashland Inc., SNF Floerger, Buck man Laboratories International, Inc. Additional notable companies, operating in the field, on international level are Shell Chemicals, Evonik Industries AG, Kemira Oyj, BASF SE, and Akzo Nobel N.V.

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Technical Textiles Market 2022: Report Focusing on Opportunities, Top Players, Revenue & Market Driving Factors

31st December 2020 – The technical textiles industry was valued around USD 143.75 billion in 2014, owing to increasing diverse end use applications. Technical textile is mainly developed to fulfill non-aesthetic functions such as safety and comfort. Molded with advanced technology to perform the specific function such as a shield for humans in extreme weather conditions, these types of textiles are named in various ways such as technical textile, industrial textile, and functional textile. Major factors that are expected to influence the industry include the technological breakthrough in medical textiles to amplify opportunities for surgical and diagnostic tools. Also, growing demand for geotextiles in anticipated to be yet another driver for the market.

Developing markets of the Asia Pacific, Middle East, and Latin American region are expected to drive product demand, especially in the automotive industry in the regions. Technical textiles are used for the construction of transportation system accessories such as airbags, air balloons and seat covers. Specific characteristics of the product such as high durability, adaptability, and superior performance make this technology attracted by various textile manufacturers. These textiles owing to their superior properties over traditional textiles are being used to provide special functions. Increasing R&D investments by the industrial participant in the past few years have been the main factor in the development of various novel products. As product demand have been seen increasing significantly in the past few years the industry players have been seen taking serious steps to develop novel applications in accordance with demand from the consumers. These trends are anticipated to drive the market over the forecast period.

The versatility of technical textiles has made them applicable to various fields in the textile industry. High raw material cost including both natural and manmade is anticipated to be a major challenge for industry participants. The absence of sufficient skilled workforce globally for manufacturing of these products is expected to be yet another factor to restraint the industry growth over the forecast period. The reinforcement of embankments is presumed to offer sufficient opportunities for the industry participants over the forecast period owing to the fact that it is global accepted. Emerging need of quality products and services in Latin America and Asia Pacific is anticipated to witness fast acceptance of these products across various industries.

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Apart from natural fibers such as cotton and jute artificially developed fibers, filaments and yarns are some prominent raw material used in the manufacturing of technical textiles. Technologies such as 3D knitting, thermoforming, 3D weaving, heat-set methods, finishing treatments, nanotechnology, hand-made methods, and others are the leading manufacturing technologies in the present scenario. Thermoforming, 3D knitting, and 3D weaving are the mainly used methods towing to better quality in the end product. Nanotechnology being the new process in developing technical textiles is expected to witness higher acceptability over the forecast period.

Textiles thermoforming is a heat treatment process that is used to mold composites that contain fabric layers. Indutech, Mobiltech, Hometech and Packtech, segments majorly use this technology. Products such as conveyor belts, spacer fabrics, surgical implants geotextiles, and webbings are manufactured using 3D weaving process. he heat-set process is a thermal process which is carried out either in moist or dry heat atmosphere. Three-dimensional knitting technology can give an accurate measurement. It results with minimum requirements for cutting the final product and is used to manufacture complete garments. The innovation of this technology led to the minimization of post labor work, with more efficiency regarding time and productivity.

The global technical textile industry has been divided into various segments that include indutech (Industrial Textile), mobiltech (automobile), sportech (Sports Textile), hometech (Domestic Textile), buildtech (Construction textiles), clothtech (Clothing textile), agrotech (agro textile), packtech (ackaging Textile), meditech (Health Care Textile), protech (Protecting Textile), and others. Owing to the rapid and constant advancement in automobile technology, mobiltech has the largest share in the overall market in the recent past which was followed by the Indutech technology.

Asia Pacific industry dominated the industry in 2014. It is expected to account for around 43% of the overall demand by 2022. North American market is expected to decline moderately in the next few years owing to moderate growth of the end-use industries. Various countries in the Asia Pacific region such as India and China are expected to be some of the leading markets in the region. Increasing infrastructure development in Asia Pacific and Central & South American regions owing to various initiatives taken the respective governments and the developing healthcare industry in these region is expected to augment demand for these products in the next few years.

The market is fragmented with numerous multinationals such as Strata Geosystems Ind. Pvt. Ltd., DuPoint, Johnson & Johnson, Ibena Textilewerke GmbH, SRF, and Ahlstrom. These industry participants are involving in various acquisitions with various other multinational or local manufactures and even distributors with the aim of increasing their annual production and also enhance product range. Industry players such as Avintiv have recently increased its product prices and have also taken over Duonor S.A.S as a strategic move in order to meet regional demand and acquire substantial market share with the integration of novel technologies.

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Technical Ceramics Market Research: Growth Opportunities by Regions, Types, Applications & Forecast to 2024

30th December 2020 – The global technical ceramics market size is expected to value at USD 134.58 billion by 2024, during the forecast period. The market is subject to witness a substantial growth due to cost-effectiveness associated with the use of advanced ceramics products and longer life cycle, and growing competition in the market. Growing demand of the advanced ceramics or technical ceramics in the automotive sector is one of the key factors propelling the market growth in recent years.

The adoption of the technical ceramics mainly in the developing countries along with expansion of the automobile industry in the region owing to the recent economic growth are spiraling the market demand for the technical ceramics industry over the forecast period. The adoption of the technical ceramics as an alternative to the plastics and metals in automotive and healthcare market segment is attributing to the advancement of the market. Globally, the market is predicted to grow at high CAGR in forecast period, providing numerous opportunities for market players to invest for research and development in the technical ceramics market.

The growing awareness about the benefits offered with the use of the technical ceramics over the conventional products are driving the demand for the technical ceramic market in coming years. The advantage associated with the use of the technical ceramics is bio-degradability, durability, reliability, and superior tensile strength. Most of technical ceramics are eco-friendly in nature in comparison with conventional materials, and stringent governmental regulation to limit environmental hazards with use of traditional materials such as plastics is fueling the growth of the technical ceramics during the forecast period. The application of technical ceramics has found its way in the electronic and electrical industry as well. Growing use of the electronic devices by consumers will further push market demand of technical ceramics.

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Excessive adoption of the coated machinery materials, along with shifting inclination towards technical coatings by consumers and recent developments in various deposition processes, are opening numerous potential opportunities for the technical ceramics industry in coming years. Some of the critical factors associated with market limitation are numerous governmental regulations in regards to the environmental impact and growing competition from other types of materials. The technical ceramics are also referred as engineering ceramics or industrial ceramics or advanced ceramics. Technical ceramics are considered as highly-sophisticated ceramics consisting of distinctive characteristics such as mechanical, electrical, thermal and bio-chemical that are suitable for various industrial applications.

The highly-specific properties associated with technical ceramics are further boosted and optimized to meet the required technical requirements during the industrial applications. Combination of the mechanical, bio-chemical, electrical and thermal properties to design and create advanced set of components that are capable of performing required set of the task with high accuracy makes it an ideal alternative to the traditional materials similar to metal and plastic in the respective field of application. Technical ceramics are capable of overcoming technical challenges remain unsolved with the use of traditional materials. Few of the highly advanced properties associated with the technical ceramics are wear resistance, high temperature resistance, erosion resistance, and bio-compatibility. The distinct characteristics of the technical ceramics makes it an ideal choice for various industry application such as automobile sector, electrical industries, healthcare sector, power & energy industries and mechanical engineering.

The technical ceramics market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the use in the environmental and medical sectors and growing emphasis on research for new product development. Asia-Pacific region is predicted to hold major market share in the technical ceramics industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific’s market with growing competition in manufacturing, reduced costs, rising economic growth in the region, and constant demand in the end-user industries. The key players in the technical ceramics market are Kyocera Co., CeramTec Co., Morgan Advanced Materials Inc., McDanel Co., and Saint-Gobain Ceramic Materials.

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Bioherbicides Market Growth Factors, Trends and Forecast Report to 2024

29th December 2020 – The global bio-herbicides market was valued at USD 1.12 billion in 2015. Rising consumer awareness combined with strict government regulatory policies towards food & environment to develop organic farming in North America, Asia Pacific, and Europe is anticipated to drive the global bio-herbicides market over the forecast period. Herbicides based chemical are known to pollute water and soil. These chemicals enter the human body through food consumption and have several adverse impacts on human health. Bio herbicides are derived from microbes including bacteria, protozoa, and fungi.

Herbicides are easy to handle compounds and do not pose any threat to farmers. Furthermore, crops being harvested using bio-herbicides are considered safe for consumption as well as for human health. Hence, such health environmental benefits connected with an organic product when compared to its synthetic counterparts are anticipated to impact the bio-herbicides market positively over the next few years. Government tie-ups with local manufacturers have been aiming at enlightening farmers for growing the bio-herbicides consumption. The inclination of consumers towards nutritional and healthier food products is also projected to impact the overall product demand positively.

Synthetic herbicides low prices are anticipated to be a significant restraint for its penetration in the international market. Moreover, herbicides based on chemical are known to show superior results owing to which farmers utilize them more than bio-herbicides. Lack of knowledge, as well as awareness among the farmers, is expected to act as a restraint for the development of the industry shortly. The combination of bio-herbicides mixed with chemical based herbicides increases the impact of the bio based product on weed and also helps in improving the process efficiency. Such wits are likely to drive the industry growth prospect over the forecast period. The resistive nature observed by weeds over the period is expected to occur as the key challenge for the manufacturers. Mares tail weed has developed resistance to some of the compounds. Industry focuses on developing new materials for weed eradication due to the resistive nature of these unwanted plants.

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Bio herbicides are used for a variety of vegetables and fruits cultivation which makes them the top application segment. Rising organic farming combined with the high demand for quality fruits and vegetables is anticipated to be the leading factor driving the product growth. Other application segment includes turf & ornamental grass; it’s been projected to experience the maximum growth rate shortly. Ornamental & Turf segment is estimated to grow at an estimated CAGR of 16% over the forecast period. Various application of bio-herbicides such as its use in maintaining the gardens, clearing unwanted weeds around the railway tracks is anticipated to drive the segment growth overall substantially.

North America was the largest bio-herbicides market and accounted for around 30% of the global revenue in 2015. Positive attitude towards organic farming and safety concerns towards the environment are the key factors driving the regional growth. Initiatives taken by the local governing bodies to educate the consumers towards health and environmental impact are expected to play a vital role especially in countries like Canada and U.S. Europe is the largest emerging market as of regional demand. Countries like Germany, UK, Spain, Italy, and France are using bio-herbicides for high-quality fruits cultivation. Asia Pacific is expected to experience the strongest growth over the forecast period. Rising awareness towards the adverse environmental impact among the farmers is anticipated to propel the regional growth in the countries including China, Indonesia, and India. Development of rural market is expected to drive the bio-herbicides demand in SAARC nations.

Industries key players include Hindustan Biotech, Fits Chem Corporation, Bioherbicides Australia (BHA), Marrone Bio Inventions, Mycologic Inc., Engage Agro USA and Emery Oleochemicals. A capsule-based organic product named Di-Bak is developed by Bioherbicides Australia which is very widespread to cure the woody weeds. Their products are designed to precisely suit the geographical terrain like wetlands, grasslands, and coastal areas. Research and development activities to find potential micro-organisms are anticipated to rise by local manufacturers to develop competition level in the global environment.

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Anti-Fog Additives Market Size, Share and Competitive Landscape 2024

28th December 2020 – In 2015, the global anti-fog additives market size was estimated to be USD 1.22 billion globally. The market is projected to grow considerably over the upcoming period due to its increasing demand from films of agricultural. Anti-fog products find it’s applications as polymer concentrates or coatings. Anti-fog additives by its physiological characteristics reduce the water droplets induced surface energy that forms on the surface of the polymer, owing to which the precipitations combine and forms a coat on transparent films, enhancing appearance and visibility.

Anti-fog additives are being widely used by industries such as agriculture, optical glasses, automobiles and packaging as it improves visibility by reducing fog. Its low production cost combined with the robust growth in food packaging and processing industries in developing and emerging economies such as India, China, Thailand, and Vietnam are estimated to trigger industry growth during the period forecasted. Shifting consumer preference for packaged food due to busy lifestyles and speedy urbanization is also expected to foster the growth of the anti-fog additives till 2024. Evolving controlled farming activities due to improvements in the agriculture industry and increase in demand for superior quality crops, is expected to shoot the necessities of films resulting into developments in anti-fog markets. Rise in crop demand to cater the rising global population will likely further augment the growth of this market.

The product finds applications in vehicle windscreens and windows in the automobile industry. Increasing consumption of automobiles coupled with higher spending capacity of consumers is expected to have a positive impact on the growth of this market. Supervising environmental waste which is hazardous in nature produced during the production of agricultural films is expected to pose as a significant contest for market development over the forecasted period. Strict government legislations regarding the addition of these products in food packaging are also expected to delay industry expansion in the foreseeable future.

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Estimated at around USD 801.1 million, food packaging was the leading application in 2015. Owing to its characteristics to improve film transparency as well as durability of packaged diet will probably observe market gain over the next nine years. The product finds its applications in the food industry also by maintaining aesthetic needs and visibility of the product, which will likely propel product demand over the forecast period. Increasing packaged food demand in the developing countries as well as some of the developed country such as India, China, Malaysia, Indonesia, Mexico, South Africa, U.S., and U.K is supposed to boost the industry expansion. Development of new technologies for processing and packaging in the U.S. food industry and other European countries is another factor expected to contribute to the growth in the packaged food market, which is projected to drive the global market.

The world market is expected to be dominated by glycerol esters accounting for around 30% of the total revenue in 2015. It is estimated that the product will observe a substantial growth owing to its high application in food packaging due to low production cost and its non-toxic nature. Polyglycerol esters is a biodegradable product which finds its applications in greenhouse films as well as it is environment-friendly, owing to which it will witness a growth in regard to revenue, at a CAGR of over 7.0% from 2016 to 2024.

35.5% of the global share of anti-fog additives market was attributed to Asia Pacific and will likely witness growth on account of the flourishing automobile and food packaging industries in emerging economies including India, Vietnam, and China. Rising demand for packaged food owing to increasing disposable income, population, and changing lifestyle will likely stimulate demand over the forecast period. Over the forecast period, North America is projected to be the second-largest market by likely witnessing a growth of CAGR 5.7% from 2016 to 2024 in terms of demand due to increasing consumer awareness and high-tech agricultural practices in the region.

The industry is characterized by continual drive of innovations by major companies to enhance of product performance. Durable additives development that help performance improvement over a wide temperature ranges can aid the competitors gain popularity and thus the market share. Key players operating in the industry include AkzoNobel N.V., A. Schulman Inc, Ashland Inc., Addcomp Holland Ampacet Corporation, Emery Oleochemicals, PCC Chemax Inc., PolyOne Corporation, Croda International PLC, Evonik Industries AG, Fine Organics, Lifeline Technologies, Clariant AG, Palsgaard, DuPont, and Polyvel Inc.

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