Monday 30 October 2017

Hybrid power solutions market Expected to be valued at USD 1.35 billion by 2025 : Grand View Research,Inc.

  • The global hybrid power solutions market is expected to be valued at USD 1.35 billion by 2025, according to a new report by Grand View Research, Inc. Hybrid power solutions are increasingly used owing to advantages such as less fuel consumption and low electrification rates. 
    Hybrid power solution systems incorporate more than one type of power source and designed for the generation of centralized electricity grid. They are used to provide energy to many remote areas in developing countries such as India. In addition, the system possesses an ability to offset disadvantages such as fuel flexibility, CO2 emissions, and reliability. The systems are manufactured to achieve desired attributes at lower cost and maximum efficiency, which in turn is expected to fuel the market growth over the forecast period.
    Solar-diesel system type was the largest segment in 2016 and valued at USD 216.1 million. The solar energy and diesel hybrid systems provide energy by using solar irradiance, which is both free & abundant. These systems can be used in various industrial applications such as road lighting and fishing boats. In comparison to gensets systems, solar-diesel provide numerous advantages as they have the capability to minimize CO2 emissions and also reduce the risks associated with increasing fuel prices.
    Several companies in the U.S., such as Bergey Wind Power Company (BWC); Integrated Power Corporation (IPC); and New World Power Corporation (NWPC), are investing heavily in the product and market development activities, which includes the development of equipment necessary for providing electricity to remote areas. In a bid to lure more customers, companies are focusing on novel product development.
    Browse full report by Grand View Research :
    Further key findings from the report suggest:
    ·         The global hybrid power solutions market was valued at USD 1,352.4 million by 2025 and is estimated to denote a CAGR of 9.5% from 2017 to 2025
    ·         The global demand for wind-diesel system type was valued at USD 180.4 million in 2016. The segment is anticipated to record steady growth over the next 8 years.
    ·         Commercial sector is anticipated to be the fastest-growing segment, by end use, ascending at a CAGR of 9.9% over the next 8 years
    ·         The Middle East and Africa is anticipated to progress at a CAGR of 9.6% over the forecast period. Growing government initiatives toward power generation through renewable sources are expected to boost the demand for solutions in the coming years.
    ·         Key players of the market include Siemens AG; SMA Solar Technologies AG; Danvest Energy A/S; Alpha Power Solutions; and PFISTERER Holding AG. These players often engage in the research & development activities in order to expand their product portfolios and gain larger market shares.
    Browse more reports of this category by Grand View Research: 

    Grand View Research has segmented the global hybrid power solutions market on the basis of system type, power rating, end use, and region: 
    System Type Outlook (Revenue, USD Million; 2014 - 2025)
    ·         Solar-Diesel
    ·         Wind-Diesel
    ·         Solar-Wind-Diesel
    ·         Others
    Power Rating Outlook (Revenue, USD Million; 2014 - 2025)
    ·         Up to 10kW
    ·         11kW-100kW
    ·         Above 100kW
    End-use Outlook (Revenue, USD Million; 2014 - 2025)
    ·         Residential
    ·         Commercial
    ·         Telecommunication
    ·         Others
    Regional Outlook (Revenue, USD Million; 2014 - 2025)
    · North America
    o    U.S.
    · Europe
    o    UK
    o    Germany
    · Asia Pacific
    o    China
    o    India
    o    Japan
    · Central & South America
    o    Brazil
    · Middle East & Africa
    o    Saudi Arabia
        Access press release by Grand View Research : 
       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: http://www.grandviewresearch.com




Thursday 26 October 2017

Field Service Management (FSM) Market Projected to reach USD 4.16 billion by 2025 : Grand View Research,Inc.

Global Field Service Management (FSM) Market is expected to reach USD 4.16 billion by 2025, according to a new report conducted by Grand View Research, Inc. Various other factors such as improper management of inventory, increased inventory cycle time, increased holding cost, increased ordering cost and incorrect information about the stock further increase the cost of business operations. FSM software helps to fortify the functionality of the service industry while improving overall profitability.
The main forces which are driving the market include the increase in number of field operations across manufacturing, oil & gas and construction sector., increase in the use of smartphone devices, and rising demand for better organizational efficiency and reduced cost of operations. The advancement of cloud services, supports the integration of cloud to the FSM software. This is expected to surge the FSM market growth over the next nine years. Over the forecast period, most of the end use industries are expected to deploy the FSM software on the cloud rather than on the premise.
The global field service management market is anticipated to witness a high growth over the forecast period. The high presence of smartphones and tablets are playing an important role in the overall growth of the FSM industry globally. FSM solutions are also compatible with next generation smartphone operating systems, further boosting their importance across the competitive landscape.
Full Research Report on Global Field Service Management (FSM) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/field-service-management-market
Further key findings from the report suggest:
  • The mobile field execution solution provided by the FSM software is the most preferred solution by the end use industries which helps in execution and maintenance of field work by technicians, reporting status, receiving alerts, gain visibility to individual performance.
  • Most of the end use industries such as utilities, healthcare, IT among others are moving from on-premise deployment to cloud deployment of the FSM software as it enables faster deployment speeds and reduces upfront costs.
  • As compared to the small and medium enterprises, the large enterprises are increasingly adopting the FSM software for the management of large on field technicians and employees who work on field.
  • The FSM software is being increasingly adopted across the construction industry due to the rapid industrialization and increasing population particularly in developing countries such as China and India.
  • The FSM market is in the developing stage in the regions of Asia-Pacific, Middle East & Africa, and Latin America due to their increase in investment in IT sector and increased focus on digital workplace transformation initiatives.
  • The key purveyors in this industry comprise Accenture, Cisco Systems, Astea International, Inc., Comarch, ClickSoftware Technologies, Klugo, Infor, SAP, ServiceMax, Trimble Navigation Limited, among others.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/communication-services
Grand View Research has segmented the Global Field Service Management (FSM) Market on the basis of solution, deployment, service, enterprise, application and region:
Field Service Management Solution Outlook (Revenue, USD Million; 2014 - 2025)
  • Mobile Field Execution
  • Service Contract Management
  • Warranty Management
  • Workforce Management
  • Customer Management
  • Inventory Management
  • Others
Field Service Management Deployment Outlook (Revenue, USD Million; 2014 - 2025)
  • On-premise
  • Cloud
Field Service Management Service Outlook (Revenue, USD Million; 2014 - 2025)
  • Implementation
  • Training & support
  • Consulting & advisory
Field Service Management Enterprise Outlook (Revenue, USD Million; 2014 - 2025)
  • Small & medium enterprises
  • Large enterprises
Field Service Management Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Energy & Utilities
  • Telecom
  • Manufacturing
  • Healthcare
  • BFSI
  • Construction & Real Estate
  • Transportation & Logistics
  • Others
Material Handling Equipment Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
  • Middle East & Africa
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-field-service-management-fsm-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

Digital Signage Market predicted to attain USD 31.71 billion by 2025 : Grand View Research , Inc.

Global Digital Signage Market is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the industry growth over the forecast period.
The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.
Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage help companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.
Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.
Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes that are associated with the traditional marketing activities.
The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.
Full Research Report on Global Digital Signage Market Analysis: 

Further key findings from the study suggest:
  • LCD digital signage dominated the global display market in 2016 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology
  • Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the highest revenue-generating segment over the next eight years
  • The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients
  • The transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities
  • The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment
  • The North American region accounted for the largest market share in 2016, owing to the heavy demand of digital signage across various application sectors, on account of technological advancements and the modern customer base
  • The Asia-Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels
  • The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/display-technologies
Grand View Research has segmented the Global Digital Signage Market based on types, components, technologies, applications, locations, content categories, sizes, and regions:
Digital Signage Type Outlook (USD Million; 2014 - 2025)
  • Video walls
  • Video screens
  • Transparent LED screens
  • Digital posters
  • Kiosks
  • Others
Digital Signage Component Outlook (USD Million; 2014 - 2025)
  • Hardware
  • Software
  • Services
Digital Signage Technology Outlook (USD Million; 2014 - 2025)
  • LCD
  • LED
  • Projection
Digital Signage Application Outlook (USD Million; 2014 - 2025)
  • Retail
  • Corporate
  • Banking
  • Healthcare
  • Education
  • Transportation
Digital Signage Location Outlook (USD Million; 2014 - 2025)
  • In-store
  • Out-store
Digital Signage Content Category Outlook (USD Million; 2014 - 2025)
  • News
  • Weather
  • Sports
  • Health & Wellness
  • Vertically Oriented Content
Digital Signage Size Outlook (USD Million; 2014 - 2025)
  • Below 32 inches
  • 32 to 52 inches
  • More than 52 inches
Digital Signage Regional Outlook (USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East & Africa
View Blog On This Report by Grand View Research: 

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 visit: www.grandviewresearch.com




Molecular Diagnostics Market Projected to reach over USD 17.9 billion by 2024 : Grand View Research,Inc.

Global Molecular DiagnosticsMarket is expected to reach over USD 17.9 billion by 2024, based on a new report by Grand View Research, Inc. Increasing prevalence of infectious diseases including human papillomavirus and influenza is expected to be the primary driving force for the growth of the molecular diagnostics market. In the underdeveloped regions of Africa and Nigeria, other infections, such as HIV and tuberculosis, are soaring at a high growth rate since the last few years. This is estimated to increase the demand for early and accurate diagnostic techniques to curb their growth rate.
Prenatal genetic testing, performed for the purpose of early detection of abnormalities that develop in the fetuses of carrier parents, is also expected to widen the client base for the molecular diagnostics market. Moreover, the high adoption of unhealthy lifestyles further resulting in a large patient count afflicted with chronic diseases, such as diabetes and cardiovascular disorders, is also projected to positively impact the growth.
Full Research Report on Global Molecular Diagnostic Market Analysis: 

Further key findings from the study suggest:
  • The overall market is dominated by reagents with revenue generation of over USD 2.3 billion in 2015 owing to their elevated usage rates. Reagents are key products used in academic and research institutes to perform various molecular biology protocols further contributing toward the dominance of this segment.
  • Instruments, such as PCR and next generation sequencing platforms, are being widely preferred by central laboratories and diagnostic institutes due to the rapid nature of these tests in delivering quick & reliable results and the high volume of diagnostic procedures in this segment. Thus, this segment is expected to maintain a constant growth at a CAGR of around 9.0%.
  • Central laboratories led the global molecular diagnostics market by test location with revenue generation of around USD 4.0 billion in 2015 owing to their established base in the remote and developing regions
  • On the other hand, the point of care devices segment witnessed the fastest growth with a CAGR of over 14.0%. The associated advantages include the user-friendly nature of these tests and quick healthcare delivery, which are estimated to propel the molecular diagnostics market.
  • Infectious diseases held the largest share of over USD 2.9 billion in 2015. Molecular testing tools provide clinicians with better alternatives to detect countless infectious bacteria, virus, and pathogens in short time while delivering highly accurate results. Initiatives led by organizations, such as the WHO, in conducting diagnostic programs in regions with high risk areas is estimated to be a high rendering driver.
  • The oncology segment is expected to exhibit a CAGR of around 13.0% over the forecast period. Rising awareness levels among people as well as healthcare professionals for cancer diagnosis is a key attribute propelling the market growth.
  • The PCR segment dominated the market with revenue generation of over USD 2.6 billion in 2015, attributable to the growing applications of multiplex PCR over the conventional PCR procedure and the introduction of easy-to-use PCR handling kits.
  • North America was observed to be the largest regional segment in 2015 with a share of over 45.0%. Key factors contributing toward the large share are well-established healthcare infrastructure, rising healthcare spending, increasing awareness levels among patients, and expansion of R&D activities related to drug discovery and development.
  • Asia Pacific is identified as a lucrative segment with a CAGR of approximately 17.0% over the forecast period. Rising demand for improved diagnostic technologies employed for the prevention of epidemics, unaddressed clinical needs, and recent activities by key players targeting expansion in this region are the major factors supporting the market growth.
  • Some of the major players include Novartis AG (Grifols), Siemens Healthcare GmbH, Bio-Rad Laboratories, Inc., Alere, Inc., Danaher Corporation, bioMérieux SA, Sysmex Corporation, Becton, Dickinson and Company, Johnson & Johnson Services, Inc., Bio-Rad Laboratories, Inc., Bayer AG, Qiagen, Hologic, Inc. (Gen Probe), Cepheid, F. Hoffmann-La Roche Ltd, and Dako
  • The key players are advancing strategic collaborations with major technology-based companies & diagnostic centers and expanding into the developing regions in an attempt to increase their market share and attain stability
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/clinical-diagnostics
Grand View Research has segmented the Global Molecular Diagnostics Market on the basis of product, technology, applications, test location, and region:
Global Molecular Diagnostics Product Outlook (Revenue, USD Million, 2013 - 2024)
  • Instruments
  • Reagents
  • Others
Global Molecular Diagnostics Technology Outlook (Revenue, USD Million, 2013 - 2024)
  • PCR
    • Multiplex
    • Others
  • In-situ Hybridization
  • Chips and microarrays
  • Mass spectrometry
  • Sequencing
  • Transcription mediated amplification
  • Others
Global Molecular Diagnostics Application Outlook (Revenue, USD Million, 2013 - 2024)
  • Oncology
    • Breast cancer
    • Prostate cancer
    • Colorectal cancer
    • Cervical cancer
    • Kidney cancer
    • Liver cancer
    • Blood cancer
    • Lung cancer
    • Others
  • Pharmacogenomics
  • Infectious Diseases
    • Methicillin-resistant Staphylococcus Aureus (MRSA)
    • Clostridium difficile
    • Vancomycin-resistant enterococci
    • Carbapenem-resistant bacteria testing
    • Flu
    • Respiratory syncytial virus (RSV)
    • Candida
    • Tuberculosis and drug-resistant TB
    • Meningitis
    • Gastrointestinal panel testing
    • Chlamydia
    • Gonorrhea
    • HIV
    • Hepatitis C
    • Hepatitis B
    • Other Infectious Diseases
  • Genetic Testing
    • Newborn screening
    • Predictive and presymptomatic testing
    • Others
  • Neurological diseases
  • Cardiovascular diseases
  • Others
Global Molecular Diagnostics Test Location Outlook (Revenue, USD Million, 2012 - 2024)
  • Point of care
  • Self test or OTC
  • Central laboratories
Molecular Diagnostics Regional Outlook (Revenue, USD Million, 2012 - 2024)
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Belgium
    • Switzerland
    • Netherlands
    • Poland
    • Austria
    • Greece
    • Sweden
    • Turkey
    • Finland
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • Sri Lanka
    • Malaysia
    • Thailand
    • Vietnam
    • Ireland
    • Singapore
  • Latin America
    • Brazil
    • Mexico
    • Colombia
    • Chile
    • Peru
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • Jordan
    • UAE
    • Qatar
    • Nigeria
    • Egypt
View Press Release of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-molecular-diagnostics-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 visit: www.grandviewresearch.com




Antimicrobial Coatings Market Expected to reach USD 8.43 billion by 2025 : Grand View Research,Inc.

Global Antimicrobial CoatingsMarket is expected to reach USD 8.43 billion by 2025, according to a new report by Grand View Research, Inc. Increasing concern among professional industry manufactures about cleaning and to prevent buildings against the growth of bacteria, mold and fungi are expected to drive the overall market growth.
Recent food poisoning outbreaks coupled with high rates of hospital-acquired infections had heightened the awareness among people. Nowadays, people mainly insist on safe and healthy products by offering more for such goods and services.
Silver based biocides are widely used in medical grade applications owing to its excellent antimicrobial properties. Recently, a new U.S. based is othiazolin-based biocide, n-butyl-1,2-benzisothiazolin-3-one is also used as an antimicrobial agent to prevent the spread of germs. Moreover, rising demand for implantable medical devices and increasing burden of cardiovascular diseases is expected to aid the overall market demand over the next eight years.
However, stringent regulations issued by both U.S. and the European Union are anticipated to critically affect the industry over the next eight years. Companies’ products have to be approved and registered with EPA for their specific requirement in which they are used. Recently, manufacturers incorporated antimicrobial agents in the bulk material, which is considered a viable alternative for its application in antibiotics.
Full Research Report On Global Antimicrobial Coatings Market Analysis: 

Further key findings from the report suggest:
  • The global antimicrobial coatings market demand was 372.9 kilotons in 2015 and is expected to exceed 1 million tons by 2025, growing at a CAGR of 10.4% from 2016 to 2025
  • Mold remediation is expected to witness the highest CAGR of 11.1% over the forecast period. The cost involved in remediating a mold-infested building can be staggering, especially when the building has inferior coatings.
  • These coatings provide long-term protection against growth and spread of bacteria, mold, and fungi. After Shock is an antimicrobial coating, registered under EPA which is designed to kill mildew and residual mold.
  • Air conditioning and ventilation segment were accounted for over 25% of the overall volume in 2015. These products help to deter the growth of micro-organisms in heating, ventilation and air conditioning systems. AgION coated materials inhibit the growth of different microbes.
  • The industry is characterized by the presence of multinational companies which holds the major chunk of the total revenue. Industry participants mainly include Diamond Vogel, Dow Microbial Control, AkzoNobel N.V and Sherwin Williams.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the Global Antimicrobial Coatings Market on the basis of product, application and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Antimicrobial powder coatings
    • Silver
    • Copper
    • Other
  • Surface modifications and coatings
    • E. Coli
    • Listeria
    • Pseudomonas
    • Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Sanitary facilities and kitchen
  • Air conditioning and ventilation systems
  • Food processing and packaging
  • Antimicrobial textile
  • Mold remediation
  • Construction
  • Other applications
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa
View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-antimicrobial-coatings-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 visit: www.grandviewresearch.com



1,3 Butadiene (BD) Market expected to reach USD 33.01 billion by 2020 : Grand View Research , Inc.

Global 1,3 Butadiene (BD) Market is expected to reach USD 33.01 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for tires (both OEM and replacement) on account of an upturn in the automotive industry, particularly in China, India and Brazil, is expected to remain a key driving factor for the global market. In addition, growing demand for ABS on account of increasing demand for high performance plastics from automotive industry is also expected to have a positive influence on the global market. Volatile raw material prices coupled with stringent regulatory scenario is expected to remain key challenges for market participants. In order to overcome such challenges, industry has shifted its focus towards developing bio-based routes to manufacture 1,3 butadiene.
Butadiene rubber emerged as the leading application segment for BD and accounted for 30.8% of total market volume in 2013. More than two third of butadiene rubber goes for manufacturing tires, thus global tire industry dynamics are a key factor for the growth of this market. HMDA (hexamethylenediamine) is expected to be the fastest growing application market for BD, at an estimated CAGR of 6.8% from 2014 to 2020. Growing demand for nylon 66 resin in major end-use industries such as automotive and electronics is expected to fuel the demand for BD in HMDA.
Full Research Report on Global 1,3 Butadiene (BD) Market Analysis:

Further key findings from the study suggest:
  • Global BD market volume was 10,500 kilo tons in 2013 and is expected to reach 14,179.9 kilo tons by 2020, growing at a CAGR of 4.4% from 2014 to 2020.
  • Asia Pacific emerged as the largest regional market for BD and accounted for 53.6% of total market volume in 2013. Growth of automotive industry particularly in emerging markets of China and India is expected to remain a key driving factor for the regional market. Asia Pacific is expected to grow at a CAGR of 5.5% from 2014 to 2020.
  • Growth of major end-use industries such as automotive and construction in Latin America and Middle East is expected to push BD demand for these regions to grow at an estimated CAGR of 8% from 2014 to 2020.
  • Naphtha remained the primary petrochemical feedstock for the production of BD. However, emergence of coal based ammonia and methanol facilities in Asia is expected to provide alternative sources for the production of 1,3 butadiene..
  • The global market is moderately concentrated with the top four companies including Dow Chemical Company, Shell, Lyondell Basell and Shanxi Sanwei accounting for over 55% of the global market in 2013. Other companies in the market include XioJiang Markor, Sinopec and TPC Group, Inc.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives
For the purpose of this study, Grand View Research has segmented the Global 1,3 Butadiene Market on the basis of application and region:
    • Global 1,3 Butadiene Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

            • Butadiene Rubber
            • Acrylonitrile Butadiene Styrene Resins (ABS)
            • Styrene Butadiene Rubber (SBR)
            • SB Latex
            • Nitrile Butadiene Rubber (NBR)
            • Hexamethylenediamine (HMDA)
            • Others
    • Global 1,3 Butadiene Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-butadiene-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 visit: www.grandviewresearch.com