Friday 6 October 2017

Pressure Vessel Market Projected to reach USD 225.84 billion by 2024 : Grand View Research Inc.

Global Pressure Vessel Market is expected to reach USD 225.84 billion by 2024, according to a new report by Grand View Research, Inc. Increasing investment in energy sector is anticipated to be the major driving factor for the industry growth.
These vessels are containers designed to hold liquids or gases at high pressure. They have wide applications across various industries including chemicals, oil & gas, petrochemicals, power in the form of compressed air receivers, distillation towers, hot water storage tanks, nuclear reactor vessels, and natural gas storage systems.
They form an integral part of industry infrastructure for safe handling of gases and liquids. Increasing investment to build high performance-infrastructure for oil exploration activities is expected to drive the industry. The tanks are also used to store propane which is a by-product of liquefied gas processing.
Their application as boilers in thermal energy production is further anticipated to augment the industry volume in near future. These boilers are also used for the domestic hot water system. Many companies need water in the purest form and use fractional distillation. Overall product usage in distillation towers is anticipated to provide great opportunities for overall industry growth.
Full Research Report On Global Pressure Vessel Market Analysis:


Further key findings from the report suggest:
  • Steel alloy dominated the market with an approximate share of 40% in 2015 and is expected to continue its dominance owing to easy availability of steel and superior qualities. The composite materials sector is anticipated to witness the highest growth over the forecast period. Some composite based vessels are expected to offer better performance than steel, which is expected to increase its preference in the near future.
  • Boilers are anticipated to grow at significant rate over the forecast period on account of its wide industrial applications, especially in fractional distillation. Around one-fourth of the industry in 2024 is expected to be captured by in nuclear reactors on account of increasing atomic energy implementations.
  • Power generation was the leading end-use segment and accounted for 33.5% of total market revenue in 2015. Increasing energy demand has been prompting increasing power generation which is expected to drive this segment over the forecast period.
  • Chemicals manufacturing is anticipated to witness the highest growth rate of 5.8% on account of increasing chemical projects in developing regions including the Middle East and Asia Pacific.
  • Asia Pacific was the leading regional market and accounted for 38.3% of total market revenue in 2015. Growth of power and chemicals industry in China and India coupled with government support to expand power generation capacities are anticipated to drive the regional market.
  • Major players operating in the global industry include Mitsubishi, Larsen & Toubro, Bharat Heavy Electricals, Pressure Vessels India, Samuel Pressure Vessels, Doosan, Babcock and Wilcox, Barton Firtop, and Abbott.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/power-generation-and-storage
Grand View Research has segmented the Global Pressure Vessel Market on the basis of material, product, end-use and region:
Global Pressure Vessel Material Outlook (Revenue, USD Billion, 2014 - 2024)
  • Steel Alloy
  • Other Alloy
  • Composite
Global Pressure Vessel Product Outlook (Revenue, USD Billion, 2014 - 2024)
  • Boiler
  • Nuclear Reactor
  • Separator
  • Other
Global Pressure Vessel End-Use Outlook (Revenue, USD Billion, 2014 - 2024)
  • Oil & Gas
  • Chemical
  • Power Generation
  • Others
Global Pressure Vessel Regional Outlook (Revenue, USD Billion, 2014 - 2024)
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Qatar
  • Central & South America
    • Brazil
    • Venezuela
    • Argentina
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-pressure-vessel-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



Proppants Market Expected to reach 96.03 million tons by 2020 : Grand View Research,Inc.

Global Proppants Market is expected to reach 96.03 million tons by 2020, according to a new study by Grand View Research, Inc. Growing drilling and completion activities for shale gas in the U.S. and Canada is expected to drive market growth over the next six years. In, addition advent of multiple stage fracturing resulting in higher consumption of proppants per stage is expected augment demand over the forecast period. In addition, large technically recoverable shale gas reserves in China, Australia, Algeria and Russia is expected to promote market growth.
Sand was the largest product segment accounting for over 75% of market share in 2013. Sand is expected to witness demand growth owing to its low cost and high availability in comparison to other proppants. Ceramic proppants are expected to witness significant demand growth over the next six years on account of superior properties including high strength, crush resistance and conductivity resulting in increased use for shale plays.
Full Research Report On Global Proppants Market Analysis: 


Further key findings from the study suggest:
  • Shale gas was the largest application segment in 2013 and is expected to witness swift growth over the forecast period due to large recoverable reserves in China, U.S., Algeria, Argentina, Mexico and Australia. Increasing application scope of proppant in shale gas extraction on account of the latter being used in transportation and power generation is expected to propel market growth over the forecast period.
  • North America was the largest regional market, accounting for over 75% of global demand in 2013. The market is expected to witness significant growth over the next six years owing to growth in shale gas production coupled with increase in fracturing jobs per year.
  • Asia Pacific is expected to witness fastest growth, at an estimated CAGR of over 12% from 2014 to 2020, owing to high potential of shale gas reserves in China coupled with large coal bed methane reserves in Australia. Regional growth can be attributed to favorable government policies to develop shale gas reserves in India and China.
  • Key market participants include U.S. Silica, Carbo Ceramics, Momentive, Fairmount Santrol, Hi Crush LP Partners, Fores, Saint-Gobain and Preferred Sands. Preferred Sands and Dow Chemicals Company announced the production of an effective proppant solution that meets OSHA standard and limits silica dust exposures. Various companies focus on technological advancements to produce eco-friendly proppants which would offer increased fracture flow capacity and enhance hydrocarbon recovery.
For the purpose of this study, Grand View Research has segmented the Global Proppants Market on the basis of product, application and region:
Global Proppants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

    • Sand
    • Resin Coated
    • Ceramics
Global Proppants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • Shale Gas
    • Tight Gas
    • Coal Bed Methane
    • Others
Global Proppants Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
    • North America
    • Asia Pacific
    • MENA
    • RoW

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-proppants-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




Ultraviolet(UV) curable resins market expected to reach USD 4.67 billion : Grand View Research,Inc.

The global ultraviolet(UV) curable resins market is expected to reach USD 4.67 billion, according to a new report by Grand View Research, Inc. Rise in the industrial sector especially in Asia Pacific is one of the major driving factors for the growth of UV curable resins market.
Increasing concern regarding growing VOC emissions has resulted in the development of new low emission products. UV curable resins emit minimal to zero VOCs and are not volatile in nature. These resins produce less shrinkage, the line of sight curing and provide many advantages over traditional methods. Development of renewable raw materials for manufacturing these curable resins is anticipated to drive the market.
UV curable resins are widely used in wood coatings, graphics art, automotive and industrial application. With the increase in industrialization across the globe, there is a surge in the demand for eco-friendly products. Manufacturing companies across the world are focusing and investing in R&D activities for the innovation of new technologies to produce environmental - friendly products.
Ultraviolet curable resins in industrial application are expected to be the fastest-growing segment and are anticipated to hold over 40% of the total demand by 2024. Growth in the construction and electronics & electrical industry particularly in emerging markets of Asia Pacific & Latin American is expected to drive the UV curable resins demand in industrial segment.
Browse full report by Grand View Research :                      http://www.grandviewresearch.com/industry-analysis/uv-curable-resins-market
Further key findings from the report suggest:
·         The global ultraviolet curable resins market demand was 465.9 kilo tons in 2015 and is expected to exceed 1 million tons by 2024, growing at a CAGR of 9.2% from 2016 to 2024
·         In 2015, monomers held the largest market and were worth over USD 1.00 billion. Monomers are the major components in manufacturing UV curable resins which are further used in coatings, adhesives, and inks.
·         Photoinitiators are expected to witness the fastest growth rate over the next eight years. The companies are trying to develop new photoinitiators for manufacturing curable resins and expand the breadth of objects to be cured.
·         In 2015, North America was the largest market and accounted for 32.1% of total market volume in 2015. The huge investment in R&D for new photoinitiators technology development in the U.S. is the major factor for the regional industry growth.
·         Asia Pacific is expected to be the fastest growing market over the next eight years. The region has been witnessing a remarkable growth in the construction and electrical & electronics industry, especially in India, Indonesia, Thailand, South Korea and other countries in the region. The growth in these industries is the major factor in the rising demand for these curable resins in the region.
·         Key companies in the industry include BASF SE, Covestro AG, The Nippon Synthetic Chemical Industry Co., Ltd, Allnex Belgium SA/NV, Hitachi Chemical Co., Ltd, IGM Resins B.V., Eternal Materials Co., Ltd., Sartomer, Jiangsu Sanmu Group Corporation, DSM N.V, SolTech Ltd., and Toagosei Co., Ltd.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the ultraviolet (UV) curable resins market on the basis composition, application and region:
Composition Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         Monomers
·         Oligimers
·         Photoinitiators
·         Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         Wood Coating
·         Graphics Art
·         Industrial
·         Automotive
·         Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         North America
o    U.S.
·         Europe
o    Germany
o    France
o    UK
o    Italy
o    Netherlands
·         Asia Pacific
o    China
o    India
o    Japan
o    South Korea
·         Middle East & Africa
o    Brazil
·         Central & South America
o    Kuwait
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-uv-curable-resins-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


Level Sensor Market Expected to reach USD 5.48 billion by 2025 : Grand View Research,Inc.

Global Level Sensor Market is anticipated to reach USD 5.48 billion by 2025, according to a new report by Grand View Research, Inc. The food industry has traditionally lagged behind other industries in adopting new technologies. However, growing advancements in computer technology, coupled with stringent regulations for improved food quality and safety, have resulted in the rising need to automate manufacturing processes, thereby leading to an increased demand for level sensors in the food processing industry.
The production and processing of food and beverages are governed by networks of law codes, practices, regulations, and guidance to reduce the risk of delivering potentially harmful products to consumers. In food processing industries, the pressure and level measurement are required in the filter, tanks, and piping. Pressure instruments include numerous applications, such as maintaining the balance of silos, storage tanks, flavor systems, filling machines, mixing processes, and pasteurization, among others.
Micro-Electro-Mechanical Systems (MEMS), a part of non-contact type sensors, is expected to witness considerable growth over the projected period. MEMS sensors are expected to play a key role in the automotive safety and infotainment applications. The need for higher accuracy, rapid data transmission, and self-test capabilities are the key factors driving the demand for MEMS in automotive applications.
Nanotechnology-enabled sensors are offering physical, chemical, and biological sensing features that enable an increased level of detection specificity, portability, and sensitivity for a wide range of safety and environmental measurements. The U.S. National Nanotechnology Initiative (NNI) recognizes the considerable potential for nanotechnology, which has triggered the development of portable devices that can rapidly detect, quantify, and identify chemical and biological substances.
NNI has launched Nanotechnology Signature Initiatives (NSI) that is integrated with NNI to explore the use of nanotechnology for the following:
  • To overcome technical barriers associated with conventional sensors, nanotechnology and nanoscale materials are used to build more accurate, sensitive, and adaptable sensors.
  • New sensors are being developed to detect engineered nanomaterials across their lifecycles to assess their potential impact on health, environment, and safety.
Compliance with regulations and standards in the food & beverage industry is the most demanding challenge for measuring instruments and sensors. Product design must comply with industry guidelines issued by the Food and Drug Administration (FDA). Programmable measuring instruments and specialized accessories are likely to drive the market demand over the forecast period.
Full Research Report on Global Level Sensor Market Analysis:
http://www.grandviewresearch.com/industry-analysis/level-sensors-market
Further key findings from the report suggest:
  • The growing development of nanotechnology sensors is likely to influence the market growth over the forecast period.
  • The non-contact type technology is anticipated to witness significant growth with a CAGR of over 7.1% over the projected period.
  • Dry bulk level sensors are used as a full indicator in silos for the storage of grain, as a jam detector in the discharge hopper of a spiral conveyor for grain, and as level controller in the flour silos of large bakeries.
  • The North American market is anticipated to dominate the level sensor in terms of revenue in 2016
  • The prevailing large existing consumer base and government initiatives to control carbon emissions are the key factors driving the North American regional growth.
  • Asia Pacific is expected to portray the highest growth over the forecast period as it is the major hub for refineries and chemical and petrochemical processing units.
  • The key players in the market include Gems Sensors & Control, Inc. (U.S.), BinMaster, Inc. (U.S.), Bindiacator (U.S.) Honeywell International, Inc (U.S.).
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/sensors-and-controls
Grand View Research has segmented the Global Level Sensor Market on the basis of technology, application, and region:
Level Sensor Technology Outlook (Revenue, USD Million; 2014 - 2025)
  • Contact type/point level
  • Non-contact type/continuous level
Level Sensor Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Automotive
  • Consumer electronics
  • Healthcare
  • Industrial process
  • Oil & gas
  • Dry bulk
  • Others
Level Sensor Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • MEA
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-level-sensors-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




Integration Platform AsA Service (IPaaS) Market Expected to reach USD 2.705.8 million by 2025 : Grand View Research,Inc.

Global Integration Platform AsA Service (IPaaS) Market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions.
Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity of its operations and better connect to cloud services. The integrations also save the time by providing a common platform for various applications.
The technologies relevant and compatible with Integration flow development, API life cycle management have prevailed with prominence along with the integration of B2B and IoT services with cloud-based platforms. The IPaaS integrates all such industry services and its applications within a common platform. The services such as Internet of things (IoT) and Application Process Integration (API) with continuous increase in the number of users and vendors have resulted in accelerated growth of IPaaS market.
IPaaS hybrid segment was the largest deployment category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. It accounted for a share of 43% in 2016. Hybrid deployment module was the largest service category in 2016 and is expected to maintain a comparatively high growth rate over the forecast period.

Full Research Report on Global Integration Platform as a Service (IPaaS) Market Analysis: 


Further key findings from the report suggest:
  • The global integration platform as a service market was valued at 575 million in 2016 and is expected to grow at a CAGR of 18.9% from 2017 to 2024
  • API life cycle management emerged as the largest service segment in 2016 and is estimated to generate revenue over USD 709 million by 2024
  • Global IPaaS demand in Integration flow development and life cycle management tools was USD 75 million in 2016 and is anticipated to witness staggered growth over the next seven years
  • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the Internet of Things (IoT) and big data. The regional market is expected to grow at a CAGR of 25% from 2017 to 2024
  • Key players including Informatica, Dell Boomi, MuleSoft, and Snaplogic dominated the global enterprise governance, risk and compliance market while accounting for over 46% of the overall revenue in 2016
Grand View Research has segmented the Global Integrated Platform As A Service (IPaaS) Market on the basis of solution, services, enterprise type, vertical type, and region:
Service Outlook (Revenue, USD Million, 2014 - 2025)
  • Data mapping and transformation
  • Routing and orchestration
  • Integration flow development and life cycle management tools
  • API life cycle management
  • Business to Business (B2B) and cloud integration
  • Internet of Things (IOT)
  • Others
Deployment Outlook (Revenue, USD Million, 2014 - 2025)
  • Cloud
  • Hybrid
  • On-premise
Integration type Outlook (Revenue, USD Million, 2014 - 2025)
  • Data Integration
  • Application Integration
  • Application Program Interfaces (API) Integration
  • Process Integration
Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-integration-platform-as-a-service-ipaas-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















Crude Oil Flow Improvers Market expected to reach USD 2.03 billion by 2025 :Grand View Research,Inc.

Global Crude Oil Flow Improvers Market is expected to reach USD 2.03 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to grow significantly over the forecast period owing to shale revolution positively affecting the COFI market. Despite several existing rigs being decommissioned over the last few years, the industry has witnessed an increase in the overall petroleum production. This has given an impetus to the need for utilization of these chemicals in the upstream extraction sector. 
The existence and expansion of product pipelines have encouraged the utilization of these products to improve the productivity, minimize the throughput time and eliminate the bottlenecks during the various operations across the oil and gas value chain. 
Asphaltene inhibitors are anticipated to be the fastest growing segment over the upcoming years and is projected to grow at a CAGR of 6.3% from 2017 to 2025. These products help to reduce the precipitation of asphaltenes, preserve the asset integrity of the flow lines and optimize the operations over the forecast period. The utility of these chemicals is predominant in the extraction and pipeline segments. The problems associated with the extraction and transportation of asphaltenic crude include pipeline deposition and wellbore plugging. These unwanted bottlenecks result in the increase in the demand for these products globally.
Paraffin inhibitors is expected to be the largest product segment. Paraffin content in crude oil can damage transport equipment. It helps in eradicating the effects of wax deposition during petroleum extraction, refining, and transportation.

Full Research report on Global Crude Oil Flow Improvers Market Analysis:

Further key findings from the report suggest:
  • The global COFI market is estimated to grow at a CAGR of 5.6% from 2017 to 2025
  • Extraction is projected to emerge as the fastest application segment, predicted to grow at a CAGR of 6% from 2017 to 2025
  • Refinery application segment in Russia accounting for 24% in 2016 and is expected to witness a similar consumption trend over the forecast period
  • Asia Pacific accounted for over 14% of the global revenue in 2016 and is projected to grow at a CAGR of 6.3% from 2017 to 2025
  • UK asphaltene inhibitor was valued at USD 10.3 million in 2016 and is projected to grow at a CAGR of 5% over the projected period
  • Central & South American crude oil flow improvers market was valued at USD 104.9 million in 2016 and is anticipated to grow at a stable rate over the upcoming years
  • Major companies actively operating in the industry in the present scenario would include BASF, Halliburton, Schlumberger, Nalco, and Baker Huges.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives
Grand View Research has segmented the Global Crude Oil Flow Improvers (COFI) Market on the basis of application:
Crude Oil Flow Improvers Product Outlook (Revenue, USD Million, 2014 - 2025)
  • Paraffin Inhibitors
  • Asphaltene Inhibitors
  • Scale Inhibitors
  • Hydrate Inhibitors
Crude Oil Flow Improvers Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Extraction
  • Transportation
  • Refinery
Crude Oil Flow Improvers Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Russia
    • Norway
  • Asia Pacific
    • China
    • India
    • Indonesia
  • Central & South America (CSA)
    • Brazil
    • Argentina
    • Venezuela
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Algeria

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-crude-oil-flow-improvers-cofi-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