Market Research News: Analysis And Report

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Tuesday 10 July 2018

Dimer Acid Market Size Likely to Reach a Valuation of around USD 2.30 billion by 2024: Grand View Research, Inc.

The global dimer acid market is expected to reach USD 2.30 billion by 2024, according to a new report by Grand View Research, Inc. Growing consumption of polyamide resins in marine coatings is a major growth driving factor over the forecast period. Increasing oilfield chemicals demand which uses dimer acid as feedstock owing to rising drilling activities to meet excess energy demand is also expected to drive the demand growth.

Asia Pacific and Latin America are expected to witness brisk growth owing to increasing construction activities in the regions. Emerging economies such as China and India along with Southeast Asia have been witnessing significant construction spending due to urbanization and industrial growth.

The industry faces challenges in terms of raw material availability. The fatty acid production which is largely done through vegetable oils has been facing high demand from food & biofuels industries, therefore tightening its supply for production of dimer acid.

Another challenge market participants face is the low biodegradation rate of products made of these acids. Considering increasing importance for recyclability of materials, development of novel technologies to tackle the issue is crucial for development prospects.

Reactive polyamide resins segment was the dominant application accounted for over 40% of the overall volume in 2015. High demand for epoxy, marine and flooring coatings to drive the segment growth at a CAGR of 4.3% from 2016 to 2024.

Full Research Report On dimer acid market Analysis: http://www.grandviewresearch.com/industry-analysis/dimer-acid-market

Further key findings from the report suggest:

· Global dimer acid market demand was 467.4 kilo tons in 2015 and is expected to reach 671.7 kilo tons by 2024, growing at a CAGR of 4.0% from 2015 to 2024

· The nonreactive polyamide resin is expected to exhibit considerable growth accounting for over 40% of total market volume by 2024. The increasing use of nonreactive polyamide resins, which are based on dimers, for printing inks and paper coatings, is anticipated to boost application segment growth over the forecast period.

· Asia Pacific was the dominant regional market with demand share exceeding 38% in 2015. Economic growth coupled with increasing migration has resulted in increasing sustainable infrastructure needs thereby facilitating demand for dimer acid based reactive polyamide resins. Increasing compliance of producers with stringent EU regulations to positively impact demand in the Eurpoen market

· Some of the key players operating in global dimer acid market include BASF, Arizona Chemicals, Emery Oleochemicals, Aturex Group, Croda International, Anqing Hongyu Chemicals Co. Ltd., Florachem Corp., Nissan Chemical America Corp., Novepha Co. Ltd., Harima Chemicals and Oleon N.V.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the dimer acid market on the basis of application and region:

Global Dimer Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

· Nonreactive Polyamide Resins

· Polyamide Resins

· Oilfield Chemicals

· Others

Global Dimer Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

· North America

o U.S

· Europe

o Germany

o UK

· Asia Pacific

o India

o China

· Central & South America

· Middle East and Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-dimer-acid-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Wednesday 4 July 2018

Personal protective equipment market is expected to reach USD 68.69 billion by 2024 : Grand View Research, Inc.

According to a report by Grand View Research Inc., the global personal protective equipment market reported a valuation of USD 38.38 billion in 2015. Safety is integral to any business. Personal protective equipment (PPE) ensure minimum exposure to occupational health hazards. They are available in different forms, including pads, gloves, masks, and shields.

Stringent regulations pertaining to occupational health and safety are likely to help the market gain tremendous impetus. Mandated policies by organizations such as the Occupational Safety and Health Administration (OSHA) and National Institute for Occupational Safety and Health (NIOSH) have been compelling employers to look after employee safety in industries. In addition, these regulations ensure that PPE is assessed properly to make it fit for use along with proper maintenance.

Full Research Report On Personal Protective Equipment Market Analysis : https://www.grandviewresearch.com/industry-analysis/personal-protective-equipment-ppe-market

Rising awareness regarding safety and security of employees at workplace is expected to create a staggering demand for personal protective equipment. Mounting cases of workplace fatalities is prompting employers to pay attention to employee health and safety. By prioritizing workers’ safety and establishing safety guidelines, they are able to save large operational costs in the form of compensation and arbitrated settlements. Apart from this, the market is also driven by rapid expansion in the manufacturing and construction industries and increasing research and development establishments in developing economies.

Introduction of smart and wearable PPE products is transforming the workplace to a connected domain, which in turn is improving worker safety and productivity. For instance, in April 2017, Tata Group developed a safety wearable watch for workers at Tata Steel. Tata Elxsi, Titan, and Tata Consultancy Services came together for ‘design thinking’. The smartwatch has an analog face and can track temperature, movements, heartbeats, ambient gases, and fall detection. Technological innovations, along with changing consumer need for protective equipment, are estimated to augment the market.

On the other hand, increasing penetration of automation in end-use industries can hamper growth prospects. Automation reduces the need for physical presence of workers. Furthermore, high price of personal protective clothing is poised to inhibit market growth. Unavailability of safety data from industries, especially in developing economies, can adversely affect the growth of the market. However, growing popularity of e-commerce can boost the sales of personal protective equipment in coming years.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/smart-textiles

The global personal protective equipment market has been segmented on the basis of product, end-use industry, and region. Based on product, the market has been divided into head, eye, and face protection, protective clothing, hearing protection, protective footwear, respiratory protection, hand protection, fall protection, and others. By end-use industry, the market has been classified into manufacturing, construction, chemicals, oil and gas, transportation, food and beverage, mining, and healthcare and pharmaceuticals.

In terms of geography, the market has been fragmented into Europe, North America, Asia Pacific, Central and South America, Africa, and Middle East. Europe will be at the forefront of growth throughout the forecast period (2014–2024). Rising cases of occupational fatalities are one of the primary growth stimulants of the region. Soaring need for high utility protective gears and durable mechanical wear resistance is anticipated to trigger the growth of the market. On the flip side, the growth of the market in Europe can slow down due to increasing implementation of automation in industries.

North America will also account for a substantial share in the market, owing to stringent norms pertaining to occupational health and safety. Asia Pacific is projected to be the fastest growing region during the same period. Spiraling demand for personal protective equipment in the construction and manufacturing industries, especially in emerging economies such as India, China, and Vietnam, will contribute to the growth of the region.

The global personal protective equipment is highly fragmented in nature. Key players in the market are investing in research and development activities to create innovative, application-specific products. Strategic differentiation and competitive pricing of products and services are imperative for market participants to ensure a strong foothold in the global arena. Some of the prominent companies operating in the market are DuPont, Honeywell, 3M, Alpha Pro Tech Ltd., and MSA Safety.

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-personal-protective-equipment-ppe-market

Tuesday 3 July 2018

Healthcare Payer BPO Market Is Projected To Reach USD 34.2 Billion By 2022 : Grand View Research, Inc.

Global healthcare payerBPO market is expected to reach over USD 34.2 billion by 2022 according to a new report by Grand View Research Inc. Key drivers attributing to the growth are ObamaCare, shift to ICD-10 coding system, growing geriatric population, increasing disease burden and penetration of insurance coverage in emerging economies.

In 2013, as per estimates published by the America’s Health Insurance Plans (AHIP), which is the national trade association representing the health insurance industry, one-sixth of the U.S. economy or nearly USD 2.7 trillion is dedicated to healthcare spending and the number is expected to increase year on year. However, the healthcare system is not able to reap the benefits of such expenditure due to process inefficiencies and use of redundant systems. The estimated loss due to such inefficiencies is nearly 800 billion or approximately 20 to 30 percent of the overall expenditure.

Increasing healthcare expenditure is a major concern for the U.S. and all the other major economies. In order to reduce the economic burden and provide universal access to healthcare, governments are encouraging outsourcing of payer services to onshore or offshore locations.

The shift from ICD-9 coding system to ICD-10 coding has created huge work load for the payers to upgrade their systems, train their staff and has significantly increased the financial burden. The ICD-9 code system had 13,000 codes, where as the ICD-10 code system has nearly 68,000 codes. This shift from the legacy system to the latest system has significantly increased the need for medical coding, accounting, HR, and other technical professionals, thereby is expected to positively reinforce the healthcare payer BPO outsourcing market growth in the next seven years.

Full Research Report On healthcare payer BPO market Analysis: http://www.grandviewresearch.com/industry-analysis/healthcare-payer-bpo-market

Further key findings from the study suggest:

· In 2014, claims processing services accounted for the maximum share of approximately 55%. Key reasons attributed are growth in new member enrolments due to ObamaCare, increase in disease burden. For instance, as per data published by ObamaCare and CMS, in 2013 nearly 8 million people enrolled through the marketplace and nearly 11.7 million people were enrolled in 2015.

· However, Asia Pacific is expected to be the fastest growing market over the forecast period owing to high economic development in the region, favorable government initiatives and growth in insurance penetration across urban and rural centers. For instance, the Indian government’s initiatives such as Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana, are expected to benefit millions of people seeking life insurance and personal accident coverage and as consequence is expected to contribute to the healthcare payer BPO market expansion over the forecast period.

· Some key players operating in the market include, Xerox Corporation, Genpact Limited, Wipro Limited, Capgemini, Hinduja Global Solutions, HCL Technologies Ltd, Cognizant Technology Solutions, EXLService Holdings Inc., and Accenture. These players dominate the market owing to their strong product and service delivery portfolio, and presence of large customer base in the U.S and European markets.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the Healthcare payer BPO market on the basis of services and region:

Global Healthcare Payer BPO Services Outlook (USD Million, 2015 - 2022)

· Claims Processing Services

· Member Services

· HR Services

· Finance And Accounts

Healthcare Payer BPO Regional Outlook, (USD Million, 2015 - 2022)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o India

o China

· Latin America

o Brazil

o Mexico

· MEA

o South Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-healthcare-payer-bpo-market

Monday 2 July 2018

Medium And High Power Motors Market Is Expected To Reach USD 88.93 Billion by 2022 : Grand View Research, Inc.

The global medium and high power motors market is expected to reach USD 88.93 billion by 2022, according to a new study by Grand View Research, Inc. Positive outcome of the manufacturing industries coupled with the implementation of stringent regulations pertaining to the electricity consumption is expected to escalate industry growth over the forecast period. Additionally, increasing replacement of aging electric motors may also elevate demand over the coming years.

Favorable government initiatives and subsidies encouraging the use of these products are also estimated to contribute significantly towards industry growth. However, high purchase cost and the lack of awareness may pose challenges to growth over the next few years. Continual rise in energy costs along with improving economic condition of industrial users may offer new avenues for industry growth.

Full Research Report On medium and high power motors market Analysis:
http://www.grandviewresearch.com/industry-analysis/medium-high-power-motors-market

Further key findings from the study suggest:

· High voltage segment accounted for more than 50% of the overall market share throughout the forecast period owing to widespread use across diverse application areas including power plants, industrial plants, steel plants, pumps and compressors. Medium voltage power motors are estimated to exhibit high growth which may be attributed to benefits such as easy maintenance, ruggedness, and better reliability.

· AC motors market is anticipated to grow at a CAGR of more than 7% over the next few years on account of high power factor, low purchase cost, speed variation and reliable & low maintenance operations. DC motors provide excellent speed control acceleration and deceleration along with a simple and cheap drive design.

· Industrial machinery sector accounted for over 30% of the total share in 2014, which is expected to increase over the coming years. High adoption across diverse array of industrial applications including oil & gas, food & beverage, medical equipment, and pulp & paper may propel demand over the next few years.

· Asia Pacific medium and high power motors market captured a considerable amount of the global revenue, which can be majorly attributed to rapid industrialization and rising government initiatives and mandates for energy efficient electric motors. In addition, North America is estimated to witness a CAGR of over 6.5% over the forecast period owing to increasing replacement.

· The industry is fragmented with the presence of some big players including Siemens AG, Rockwell Automation Inc., Danaher Motion LLC, Franklin Electric Co., Inc., and Baldor Electric Company Inc. The market is led by innovation and new product development. Vendors also invest heavily in R&D for developing solutions to minimize power consumption and improve efficiency.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global medium and high power motors market on the basis of voltage, product, application and region:

Medium And High Power Motors Voltage Outlook (Revenue, USD Billion, 2012 - 2022)

· Medium voltage

· High voltage

Medium And High Power Motors Product Outlook (Revenue, USD Billion, 2012 - 2022)

· AC motor

o Single phase

o Three phase

· DC motor

o Brushed

o Brushless

Medium And High Power Motors Application Outlook (Revenue, USD Billion, 2012 - 2022)

· Automotive

· HVAC equipment

· Industrial machinery

· Aerospace & transportation

· Commercial

Medium And High Power Motors Regional Outlook (Revenue, USD Billion, 2012 - 2022)

· North America

· Europe

· Asia Pacific

· RoW

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-medium-high-power-motors-market

Household Vacuum Cleaners Market Is Projected To Reach USD 16.1 Billion By 2022 : Grand View Research, Inc.

The global household vacuum cleaners market is expected to reach USD 16.1 billion by 2022, according to a new report by Grand View Research, Inc. Increasing government initiatives to spread awareness about cleanliness and hygiene worldwide is expected to contribute to revenue growth.

Rising disposable income and increasing preference for new technologies worldwide is anticipated to favor industry growth over the forecast period. Price is estimated to be a critical factor in buying decision. Rising competition owing to presence of large industry players and less differentiated product is expected to benefit Industry leading to price reduction.

Technology developments play an important role in revenue growth. Products such as bagless and robotic vacuum cleanerss have gained popularity across the globe. Use of smartphone-based services is also gaining popularity due to rising smartphone penetration worldwide. For instance, in September 2015, iRobot Corporation announced the introduction of Roomba 980 that combines adaptive navigation with visual localization, and cloud connected app control for easy operation.

Full Research Report On household vacuum cleaners market Analysis: http://www.grandviewresearch.com/industry-analysis/household-vacuum-cleaners-market

Further key findings from the report suggest:

· Household vacuum cleaners market is segmented on the basis product into upright, canister, central, drum, wet/dry, and robotic devices. Robotic cleanerss are expected to hold high potential over the next seven years owing to innovative features including sweeping brushes, acoustic sensors, mobile support, automated mapping capabilities and self charging capabilities.

· Canister vacuum cleanerss market is estimated to be valued at over USD 4 billion by 2022. Drum products are anticipated to grow at a CAGR of more than 4.0% over the forecast period. High cost and large size may hinder growth of the central product segment over the next seven years.

· Asia Pacific vacuum cleaners market accounted over 30% of the overall revenue share in 2014. Strict energy regulations may hinder regional growth over the forecast period. EU banned the sales of vacuum cleanerss with power capacity above 1600 watts and this capacity restriction will reduce to 900 watts in September 2017.

· Key industry players include Stanley Black & Decker, Electrolux Group, Dyson Ltd., TTI Floor Care, Miele, LG Corporation, and Eureka Forbes Ltd. Other prominent vendors include Royal Philips Electronics, Oreck Corporation, Haier Group, iRobot Corporation, Bissell Inc., Panasonic Corporation, and Samsung.

· In July 2013, TTI Floor Care acquired Oreck Corporation to enhance its product portfolio. The company offers these products through four brands, Vax, Oreck, Dirt Devil, and Hoover. Dyson offers upright, canister, cordless, and handheld products. In September 2015, iRobot Corporation announced the launch of Roomba 980, which is equipped with high tech sensors for navigation, visual localization technology, and app-based support.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the household vacuum cleaners market on the basis of product and region:

Household Vacuum cleaners Product Outlook (Revenue, USD Million, 2012 - 2022)

· Upright

· Canister

· Central

· Drum

· Wet/dry

· Robotic

· Others

Household Vacuum cleaners Regional Outlook (Revenue, USD Million, 2012 - 2022)

· North America

· Europe

· Asia Pacific

· RoW

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-household-vacuum-cleaners-market

Self-Service Technology Market Size Is Projected To Reach A Valuation Of USD 39.07 Billion By 2022 : Grand View Research, Inc.

The self-service technology market is expected to reach USD 39.07 billion by 2022, according to a new study by Grand View Research, Inc. Growing focus by enterprises for offering convenient services to the customers along with customizing cost of these services is estimated to drive demand. Deployment of several types of technologically advanced kiosks and vending machines has revolutionized the industry with an improved automation experience.

Various enterprises operating in sectors including food & beverages, retail, healthcare and banking are estimated to be the key demand facilitators. The industry is driven by smart features including NFC advancements, remote monitoring and cashles transactions.

Increasing awareness for active safety systems, changing lifestyle and enhanced security in financial transactions are projected to propel demand. Biometrics for self-service products has helped consumers to experience secure and safe transactions. However, stringent government safety regulations governing the use of vending machines can act as a restraint for industry growth.

Full Research Report On self-service technology market Analysis: http://www.grandviewresearch.com/industry-analysis/self-service-technology-market

Further key findings from the study suggest:

· ATM market accounted for over 80% of the overall demand in 2014 and is estimated to lose share through the forecast period. They have emerged as a multifunctional machines in recent years offering customers with services such as cash deposit, bill payments, and account statements, which was only limited to cash dispense in past. This additional service has benefited the banks and financial institutions to improve their revenue margin, saving their operating time and providing comfort to customers.

· Kiosks segment is expected to exhibit high growth over the next few years, reaching an estimated share of over 21% by 2022. Digital kiosks are becoming more user-friendly as they are capable of undertaking difficult tasks in healthcare, banking and other businesses.

· North America dominated the self-service technology market in 2014, and is expected to exhibit stable grow at a CAGR of over 9.0% from 2015 to 2022. Availability of technologically advanced infrastructure and emergence of new business models is expected to propel demand across this region.

· Self-service technology market share is occupied by companies such as NCR Corporation, Euronet Worldwide, Kiosk Information System, and Diebold. Technology agreements and collaborations are the key strategies adopted by the players in an effort to enhance their foothold. Different types of interactive screens are being introduced by vendors with similar but unique functionalities in an effort to communicate product related information to consumers.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the self-service technology market on the basis of product and region:

Self-Service Technology Product Outlook (Revenue, USD Million, 2012 – 2022)

· ATM

· Kiosks

· Vending Machines

Self-Service Technology Regional Outlook (Revenue, USD Million, 2012 – 2022)

· North America

· Europe

· Asia Pacific

· RoW

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-self-service-technology-market