Tuesday 21 November 2017

PAPR Market Size Projected To Reach $2.38 Billion By 2024 : Grand View Research, Inc.

The global powered air purifying respirator market is expected to reach USD 2.38 billion by 2024, according to a new report by Grand View Research, Inc. PAPR have witnessed growing significance in the past few years owing to increasing demand in fire services, petrochemical, pharmaceutical, and chemical industries. 
Growing concern towards lost productivity and insurance costs associated with workplace-related injuries has urged the companies in these end-use sectors to prioritize employee safety and implement stringent regulations for using PAPR in the operating environment. 
Full face mask PAPR dominated the global demand in 2015 and is expected to emerge as the fastest growing product category over the forecast period. The segment is estimated to grow at a CAGR of 7.0% from 2016 to 2024. Rising demand for highly effective respiratory protective equipment (RPE) in toxic and heavy industrial activities such as metal-forming, chemical, oil & gas, and safety applications such as fire protection and law enforcement is expected to stimulate product demand over the next eight years. 
Further key findings from the report suggest:
·         The industrial sector emerged as the leading PAPR end-use segment and accounted for 20.5% of total revenue share in 2015. The segment is estimated to reach a net worth exceeding USD 480 million by 2024.
·         The healthcare industry is anticipated to emerge as the fastest growing end-use segment by 2024. The segment is anticipated to grow at an estimated CAGR of 7.4% from 2016 to 2024. Growing concern towards biological & radiological hazards coupled with exposure to drug and waste gas is anticipated to play a major role in steering product demand in the segment.
·         Europe emerged as the dominant PAPR consumer and is expected to reach a market worth USD 757.5 million by 2024. PAPR demand in Russia is expected to grow at an estimated CAGR of 6.3% from 2015 to 2024.
·         Asia Pacific powered air purifying respirator market is anticipated witness the fastest growth over the next eight years. The regional market is expected to grow at a CAGR of 7.7% over the forecast period.
·         The global industry is marked by the presence of highly competitive participants who are involved in continuous product differentiation for gaining a competitive edge over other players. Companies such as 3M, Bullard, and Optrel have invested in their product portfolio for developing PAPR specifically designed for welding applications.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/smart-textiles
Grand View Research has segmented the powered air purifying respirator market on the basis of product, end-use, and region:
Global Powered Air Purifying Respirator (PAPR) Product Outlook (Revenue, USD Million, 2014 - 2024)
·         Half mask
·         Full face mask
·         Helmets, hoods, and visors
Global Powered Air Purifying Respirator (PAPR) End-Use Outlook (Revenue, USD Million, 2014 - 2024)
·         Oil & Gas
·         Fire services
·         Petrochemical/chemical
·         Industrial
·         Pharmaceutical
·         Healthcare
·         Mining
·         Others
Global Powered Air Purifying Respirator (PAPR) Regional Outlook (Revenue, USD Million, 2014 - 2024)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    UK
o    France
o    Russia
·         Asia Pacific
o    China
o    India
o    Japan
·         Middle East & Africa
·         Central & South America
o    Brazil
View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-powered-air-purifying-respirator-papr-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

Liquid Nitrogen Market Projected to Grow due to increasing demand for LN2 in industrial gas and electronic products : Grand View Research, Inc.

The global liquid nitrogen market is expected to reach USD 21.3 billion by 2025, according to a new report by Grand View Research, Inc. Globally, increasing consumption of electronic goods has been a major factor driving the market growth. In addition, growing healthcare industry has led to increase in demand for liquid nitrogen.
Due to its low temperature property it is used as a cryogen in cryotherapies, cryosurgeries, and cryopreservation to remove skin tags, warts, verrucae, skin cancers, and moles in addition to demolishing the decayed tissues. Liquid nitrogen shrink fitting solutions are one of the best fitted solutions for joining of two metals which cannot be welded, cemented or soldered.
Rising demand in various application sectors including automotive, metals & fabrication, rubber & plastic, healthcare, electronics, construction, and food & beverages is projected to propel the market over the coming years. Rapid industrialization, infrastructural, and medical activities is anticipated to augment the market growth from 2017 to 2025.
Coolant function was projected to be the largest segment over the forecast period with a market share of 61.1% in terms of revenue in 2016. It is used in large number of applications to maintain low temperature such as food & beverages, electronics, chemicals, storage medium, healthcare, and metal fabrication to maintain low temperatures.
North America is expected to observe the biggest regional segment over the next eight years with an estimated CAGR of around 5.4% from 2017 to 2025.Increasing number of manufacturers and suppliers in this region is anticipated to spur the market growth. Asia Pacific is the fastest growing segment with potential growth opportunites. This region is expecting the rise in demand from industries such as metal manufacturing & fabrication, construction, food & beverage, and chemicals & pharmaceutical.
Further key findings from the report suggest:
·         The global liquid nitrogen demand exceeded 7.85 million tons in 2016 and is expected to grow at a CAGR of 4.4% from 2017 to 2025
·         Cryogenic distillation emerged as the largest technology segment in 2016 and is estimated to generate revenue over USD 10.7 billion by 2025
·         Coolant segment was projected to be the largest function segment and is anticipated to witness moderate growth over the next eight years
·         Merchant liquid and bulk storage segment was 3.12 million tons in 2016 and is expected to grow at a CAGR of 4.4% over the forecast period
·         Chemicals and pharmaceuticals segment is anticipated to be the fastest growing end-user of liquid nitrogen as it is used from packaging to fire suppression in pharmaceutical sector
·         The industry in Asia Pacific is projected to witness significant growth over the next eight years owing to various developments across major economies, especially in the medical and food products industry. The regional market in terms of revenue is expected to grow at a CAGR of 6.3% from 2017 to 2025
·         Key players including, The Linde Group, Praxair Inc., Air Liquide S.A. and Air Products & Chemicals dominated the global liquid nitrogen market while accounting formajor share of the total volume in 2016
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives
Grand View Research has segmented the global liquid nitrogen market on the basis of technology, function, storage, end-use, and region:
Liquid Nitrogen Technology Outlook (Volume, Million Tons; Revenue, USD Million, 2014 - 2025)
·         Cryogenic distillation
·         Pressure swing adsorption
·         Others
Liquid Nitrogen Function Outlook (Volume, Million Tons; Revenue, USD Million, 2014 - 2025)
·         Coolant
·         Refrigerant
Liquid Nitrogen Storage Outlook (Volume, Million Tons; Revenue, USD Million, 2014 - 2025)
·         Cylinders & packaged gas
·         Merchant liquid/ Bulk
·         Tonnage
·         Others
Liquid Nitrogen End-use Outlook (Volume, Million Tons; Revenue, USD Million, 2014 - 2025)
·         Chemicals &pharmaceuticals
·         Healthcare
·         Food &beverages
·         Metal manufacturing &construction
·         Rubber &plastic
·         Others
Liquid Nitrogen Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    UK
o    Germany
o    France
o    Belgium
·         Asia Pacific
o    China
o    India
o    Japan
o    South Korea
·         Central & South America
·         Middle East & Africa 
View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-liquid-nitrogen-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

Monday 20 November 2017

Anesthesia monitoring devices market Expected to reach USD 1.9 billion by 2024 : Grand View Research Inc.

The anesthesia monitoring devices market is expected to reach USD 1.9 billion by 2024, according to a new report by Grand View Research, Inc. The growing geriatric population base and the spiraling number of surgeries are anticipated to boost the market growth. Geriatric patients are the target population for this industry as they are highly prone to various chronic disorders and are at a higher risk of developing complications.
The rising awareness amongst the physicians about the various factors that affect patient outcomes, such as the choice of anesthetic drug, the appropriate route of administration, and the right dose of the anesthetic agent, as well as the monitoring of the depth of anesthesia is likely to accelerate the growth of the market during the forecast period.
Technological advancements in terms of accuracy, portability, and affordability have resulted in the increased usage of these monitoring devices. For instance, the introduction of the new generation, microprocessor-based intelligent anesthesia systems with integrated monitors enables monitoring of various parameters along with the precisely-controlled administration of the anesthetic agent.
Further key findings from the study suggest:
·         Amongst the product type segments, the advanced anesthesia monitors segment held a lucrative share of over 60.0% in 2015 owing to its durability, reliability, and accuracy. Moreover, these devices monitor various significant parameters such as oxygen saturation level, carbon dioxide level, heart rate, and blood pressure.
·         The hospitals in the end-use segment exhibited remunerative growth in 2015; this can be attributed to the presence of advanced diagnostic and therapeutic medical technologies that enables both, faster and accurate diagnosis. Moreover, the availability of these advanced systems coupled with the presence of skilled personnel contributes towards profitable growth of this segment.
·         North America dominated the overall market with a revenue share of over 35.0% in 2015 owing to the presence of well-developed health care settings and the presence of a favorable reimbursement network, government funding, and increasing health awareness levels amongst the people.
·         However, Asia Pacific is anticipated to be the fastest growing region with a CAGR of about 11.0% over the forecast period. The economic developments and the advancing healthcare system with the aid of supportive government initiatives are collectively anticipated to further assist the growth in this region.
·         Some key players operating in the anesthesia monitoring devices market include Masimo Corporation, Infinium Medical, Inc., Medtronic plc, GE Healthcare, Nihon Kohden Corporation, Philips Healthcare, Mindray Medical International Ltd., Drägerwerk AG & Co. KGaA, and Schiller AG. New product development, mergers, and collaborations are some key initiatives taken to sustain themselves in the competition.
·         For instance, Masimo Corporation incorporated Oxygen Reverse Index (ORI) which measures the oxygen levels and provides real-time information with regard to the patient’s oxygen reserve in synchronization with the partial pressure of oxygen to prevent hyperoxia conditions (oxygen levels above normal) in patients that are receiving auxiliary oxygen supply whilst undergoing surgery.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented anesthesia monitoring devices market on the basis of product type, end-use, and region.
Global Anesthesia Monitoring Devices Market By Product Revenue, (USD Million) 2013 - 2024
·         Advanced Anesthesia Monitors
o    Anesthesia Gas Monitors
o    Monitors Measuring Depth of Anesthesia
o    Standalone Capnography Monitors
o    Others
·         Basic Anesthesia Monitors
·         Integrated Anesthesia Monitors
Global Anesthesia Monitoring Devices Market By End-Use Revenue, (USD Million) 2013 - 2024
·         Hospitals
·         Ambulatory Settings
·         Others
Anesthesia Monitoring Devices Market By Region Revenue, (USD Million) 2013 - 2024
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
·         Asia Pacific
o    Japan
o    China
·         Latin America
o    Brazil
o    Mexico
·         MEA
o    South Africa
o    Saudi Arabia
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-anesthesia-monitoring-devices-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

Biosurfactants Market Expected to reach USD 2,308.8 million by 2020 : Grand View Research, Inc.

The global market for biosurfactants is expected to reach USD 2,308.8 million by 2020, according to a new study by Grand View Research, Inc. Escalating consumer preference towards the use of bio-based products, particularly in Europe and North America is expected to increase biosurfactant penetration. In addition, stringent regulatory policies are further expected to augment the biosurfactant demand over the next six years.
Methyl Ester Sulfonate (MES) was the largest consumed biosurfactant, accounting for 33.26% of the 344 kilo ton global market in 2013. Its superior properties in terms of foaming and stability as compared to other surfactants make it ideally suited for use in household detergents. Other key biosurfactants include Alkyl Polyglucosides (APG), Sorbitan Esters and Sucrose Esters, with combined demand estimated at 115 kilo tons in 2013.
Further key findings from the study suggest:
·         The global biosurfactant market is expected to reach 462 kilo tons by 2020, growing at a CAGR of 4.3% from 2014 to 2020.
·         Household detergent was the largest application segment, consuming 153.5 kilo tons of biosurfactants in 2013. Growing demand for sustainable products in cleaning applications is expected to boost the demand for biosurfactants over the forecast period.
·         Personal care applications are expected to gain significant share owing to the growing market for these products in Asia Pacific. In addition, growing consumer awareness regarding benefits of bio-based personal care products is expected to have a positive influence on the market. The demand for biosurfactants in personal care is expected to reach 50.7 kilo tons by 2020, growing at a CAGR of 4.5% from 2014 to 2020.
·         Europe was the largest regional market for biosurfactants, with consumption of 178.9 kilo tons in 2013. High consumer awareness and demand for bio-based products is a key reason for the high penetration of biosurfactants. Asia Pacific was a relatively small market in 2013 but is expected to gain significant share over the next six years owing to the presence of large manufacturing industries in the region.
·         The global biosurfactants market is consolidated with the top five companies catering to nearly 90% of global demand. Key players in the market include BASF Cognis, Ecover, Urumqui Unite, Saraya and MG Intobio.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals
For the purpose of this study, Grand View Research has segmented the global Biosurfactants market on the basis of application, product and region:
    • Biosurfactants Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • Household Detergents
            • Personal Care
            • Industrial & Institutional Cleaners
            • Food Processing
            • Oilfield Chemicals
            • Agricultural Chemicals
            • Textiles
            • Other Markets
    • Biosurfactants Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • Rhamnolipids
            • Sophorolipids
            • Methyl Ester Sulfonates (MES)
            • Alkyl Polyglucosides (APG)
            • Sorbitan Esters
            • Sucrose Esters
            • Others
    • Biosurfactants Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

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




Middle East distribution transformer market expected to reach USD 3.59 billion by 2022 : Grand View Research, Inc.

The Middle East distributiontransformer market is expected to reach USD 3.59 billion by 2022, according to a new study by Grand View Research, Inc. The need for effective electrical distribution has led to increasing adoption across the power, commercial and industrial sectors; this is anticipated to fuel product demand. Several benefits including reduced line loss, better power quality, reduced energy costs and optimal energy use are expected to catapult industry growth significantly. They also offer investment related benefits, improved reliability and compatibility. The escalating need to overcome current losses along with the rising electricity demand is also anticipated to fuel demand over the forecast period.
Low cost associated with the installation and conduit of distribution transformers may favorably impact industry growth. Increasing demand across plants and facilities that require huge amounts of power supply such as data centers is also anticipated to elevate product demand. Further, the ability to operate at low power frequencies offer benefits such as reduced power losses, better voltage regulation, increased functional flexibility and improved service continuity making it a lucrative market.
Further key findings from the study suggest:
·         Medium transformers market accounted for over 40% of the overall revenue share in 2014, and the segment is expected to witness significant growth over the next few years. This may be primarily attributed to the low-cost associated with the installation of this product.
·         Small transformers segment is estimated to witness growth owing to high demand for stepping voltages down within a distribution circuit of a building or to supply power to equipment.
·         On account of unmatched high efficiency and the ability to operate at low power frequencies, large transformers segment is anticipated to exhibit moderate growth over the next seven years. These are also equipped with water-cooled heat exchangers or oil pumps, and cooling fans that are designed to remove heat.
·         Liquid filled technology segment accounted for more than 70% of the overall revenue in 2014 which is estimated to increase over the forecast period owing to several benefits offered by this technology type. These include retro-fit application capabilities and high reliability service. Widespread usage of this product type in a wide range of utility, commercial and industrial applications may also fuel product demand over the coming years.
·         Saudi Arabia distribution transformers market emerged as the dominant regional segment and accounted for more than 35% of the overall revenue in 2014. Increasing urbanization and government investments in the power sector is anticipated to be the key factor that drives the regional demand.
·         Key players in this industry include ABB, Abaft Middle East, Alstom, General Electric, Siemens, Bawan and Alfanar Electrical Systems. The industry is poised to face several challenges owing to frequent update in government norms and regulations coupled with rising raw material prices making value chain analysis significant.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/semiconductors-and-electronics
Grand View Research has segmented the Middle East distribution transformer market on the basis of product, technology and region:
Distribution Transformers Product Outlook (Revenue, USD Million, 2012 - 2022)
·         Small Transformers
·         Medium Transformers
·         Large Transformers
·         Unit Substations
Distribution Transformers Technology Outlook (Revenue, USD Million, 2012 - 2022)
·         Liquid Filled
o    Pad mounted
o    Pole mounted
·         Dry Type
Distribution Transformers Regional Outlook (Revenue, USD Million, 2012 - 2022)
·         Saudi Arabia
·         UAE
·         Qatar
·         Egypt
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/middle-east-distribution-transformer-market-analysis
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