- 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· OthersPower Rating Outlook (Revenue, USD Million; 2014 - 2025)· Up to 10kW· 11kW-100kW· Above 100kWEnd-use Outlook (Revenue, USD Million; 2014 - 2025)· Residential· Commercial· Telecommunication· OthersRegional Outlook (Revenue, USD Million; 2014 - 2025)· North Americao U.S.· Europeo UKo Germany· Asia Pacifico Chinao Indiao Japan· Central & South Americao Brazil· Middle East & Africao Saudi ArabiaAccess press release by Grand View Research :About Grand View ResearchGrand 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
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Monday 30 October 2017
Hybrid power solutions market Expected to be valued at USD 1.35 billion by 2025 : Grand View Research,Inc.
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
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 ResearchGrand 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
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