Tuesday 5 December 2017

Respiratory Protective equipment market expected to reach USD 8.53 billion by 2022 : Grand View Research, Inc.

The global respiratory protective equipment market is expected to reach USD 8.53 billion by 2022, according to a new report by Grand View Research, Inc. Rising awareness towards employee health & safety along with increasing respiratory diseases is anticipated to drive industry growth over the forecast period. 
Established safety standards by regulatory agencies including Occupational Safety and Health Administration (OSHA) particularly in Europe and North America have also contributed towards industry growth. Stringent regulations for threshold levels have been set by Centre for Disease Control and Prevention (CDC) and World Health Organization (WHO) for employees in healthcare sectors worldwide. 
Supplied air respirator is expected to be the fastest growing product segment, at an estimated CAGR of 8.1% from 2015 to 2022. Supplied air respirator is worn when negative pressure and powered air-purifying respirators do not provide adequate protection. 
Self contained breathing apparatus (SCBA) accounted for over 40% of the total revenue share of the supplied air respirators and is expected to witness the fastest growth over the next seven years owing to increasing penetration in chemical/petrochemical, mining and sub-sea oil & gas industries.
Browse full report by Grand View Research :

Further key findings from the report suggest:
·         Global respiratory protective equipment market was USD 4,822.4 million in 2014 and is expected to reach USD 8,538.4 million by 2022, growing at a CAGR of 7.5% from 2015 to 2022.
·         Air-purifying respirator emerged as a leading product segment and accounted for over 50% of total market revenue in 2014. Growing construction and pharmaceutical industry particularly in Asia Pacific region is anticipated to drive product demand over the forecast period.
·         Industrial was the largest end-use segment and is expected to grow at a CAGR of 7.7% from 2015 to 2022. Growing automotive and metal fabrication industries in emerging economies such as India, China, and Brazil is anticipated to raise product demand over the forecast period.
·         North America emerged as the leading regional market with demand share exceeding 35% in 2014. Stringent occupational health & safety norms coupled with growing oil & gas, chemicals and manufacturing industry particularly in the U.S. and Canada is expected to drive the regional growth.
·         Asia Pacific is expected to witness the fastest growth of 8.2% from 2015 to 2022. High growth in the region may be attributed to rapid industrialization in economies such as India, Vietnam, China, Thailand, and Malaysia.
·         Key players operating in global industry include Delta Plus, 3M Co., Bulwark Protective Apparel Uvex Safety Group, DuPont, Alpha Pro Tech, MSA Safety, Ansell Ltd. and Kimberley-Clark.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/green-building-materials
Grand View Research has segmented the respiratory protective equipment (RPE) on the basis of product, end-use and region:
Global Respiratory Protective Equipment (RPE) Product Outlook (Revenue, USD Million, 2012 - 2022)
·         Air-purifying respirators (APR)
o    Unpowered
o  Disposable filtering half mask
o  Half mask
o  Full face mask
o    Powered (PAPR)
o    Half mask
o    Full face mask
o    Helmets, hoods, visors
o    Escape respirators
·         Supplied air respirators
o    Self contained breathing apparatus (SCBA)
o    Full-face mask
o    Airline respirators
Global Respiratory Protective Equipment (RPE) End-Use Outlook (Revenue, USD Million, 2012 - 2022)
·         Oil & gas
·         Fire services
·         Petrochemical/chemical
·         Industrial
·         Pharmaceutical
·         Construction
·         Healthcare
·         Mining
·         Others
Global Respiratory Protective Equipment (RPE) Regional Outlook (Revenue, USD Million, 2012 - 2022)
·         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
·         Central & South America
o    Brazil
·         Middle East & Africa
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


Flame retardants market Anticipated to reach USD 11.96 billion by 2025 : Grand View Research , Inc.

The global flame retardants market is expected to reach USD 11.96 billion by 2025, according to a new report by Grand View Research, Inc. Favorable regulatory scenario promoting the use of these materials for fire safety is expected to fuel market growth over the forecast period. Flame retardants are added to potentially flammable products as a precautionary measure against fire hazards.
Stringent fire safety regulations and guidelines have forced construction industry to adopt flame retardant usage. The usage of the high amount of composite material and plastics has increased the risk of fire hazards. To reduce this risk and to increase the critical escape time in case of fire hazards, there has been an increase in FR usage and this trend is expected to grow over the next nine years thus benefitting flame retardant demand.
Non halogenated flame retardants emerged as the leading product segment and accounted for 57.7% of total market volume in 2015. The product segment is also expected to witness the highest growth of 5.7% over the forecast period. Favorable regulations regarding the use of non halogenated flame retardants are expected to drive this segment over the forecast period.

Further key findings from the report suggest:
·         The global flame retardant market demand was 2.49 million tons in 2015 and is expected to exceed 4.0 million tons by 2025, growing at a CAGR of 4.9% from 2016 to 2025
·         Aluminum hydroxide had the highest penetration within the non halogenated segment, in terms of demand in 2015 and is expected to grow at an estimated CAGR of 5.7% over the forecast period. Regulations restricting the usage of halogenated flame retardants have been benefitting their non halogenated counterparts
·         Epoxy resins were the largest application segment and accounted for 24.1% of total market volume in 2015. Polyolefins are expected to experience the fastest growth of 5.5% over the forecast period.
·         Electrical & electronics was the leading end-use industry consuming flame retardants with a demand share exceeding 40% in 2015. It is also expected to witness the highest growth of 5.2% over the forecast period. The growth of electronics industry particularly in Asia Pacific coupled with favorable regulations is expected to drive growth.
·         They are used widely in electronics & electrical industry to achieve the prescribed flammability standards. Components such as printed wiring boards, electrical connectors, wires & cables and electrical cabinets & enclosures use flame retardants.
·         Asia Pacific was the leading consumer and accounted for 47.9% of total market volume in 2015. The presence of manufacturing hubs, rising demand for construction and consumer electronics in the region are the primarily attributed reasons for the highest penetration. The region is also expected to witness the highest growth over the forecast period.
·         Major industry participants include Chemtura Corporation, Albemarle Corporation, Israel Chemical LTD., Clariant International Ltd., BASF, & DSM N.V. Companies have been inking agreements to allow the marketing and sale of their products in the regional markets. Capacity addition, expansion, and increase in raw material storage capacity to deal with demand fluctuations have been undertaken by major industry participants.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the flame retardant market on the basis of product, application, end use and region:
Product Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
·         Halogenated Flame Retardants
o    Brominated FR
o    Chlorinated Phosphates
o    Antimony Trioxide
o    Others
·         Non Halogenated Flame Retardants
o    Aluminum Hydroxide
o    Magnesium Dihydroxide
o    Phosphorous Based
o    Others
Application Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
·         Polyolefins
·         Epoxy resins
·         Unsaturated Polyester
·         Polyvinyl Chloride
·         Engineering Thermoplastics
·         Rubber
·         Styrenics
·         Others
End-Use Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
·         Construction
·         Transportation
·         Electrical & Electronics
·         Others
Regional Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 - 2025)
·         North America
o    U.S
·         Europe
o    Germany
o    France
o    UK
·         Asia Pacific
o    China
o    Japan
o    India
·         Central & South America
·         Middle East and Africa
Access press release by Grand View Research:                                                              https://www.grandviewresearch.com/press-release/global-flame-retardant-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: http://www.grandviewresearch.com

Automotive Relay Market anticipated to reach USD 19.5 billion by 2025 : Grand View Research , Inc.

The global automotive relay market is anticipated to reach USD 19.5 billion by 2025, according to a new report by Grand View Research, Inc. Increasing vehicular safety regulations in various regions across the globe is driving the automotive relay market. Further, increasing adoption of electric vehicles amongst passenger car segment end users has made automotive electronics including the automotive relay industry to gain significant market share.
Systems such as advanced driver assistance systems (ADAS), electronic stability control, electronic steering systems, brake-by-wire systems, and airbags are gaining momentum across the globe, owing to their safety and comfort benefits. Strict safety guidelines employ substantial pressure on Tier-1 suppliers and the OEMs to design improved safety systems for automobiles. According to General Safety Regulation (EC) No 661/2009 of Europe, from 1 November 2014, several new safety features have been made obligatory for light trucks, heavy commercial vehicles and new passenger cars. Furthermore, there is a growing demand for enhanced comfort and convenience in automobiles.
Many governments provide lucrative offers to promote the selling and usage of Electric Vehicles EVs. Tax benefits are provided at the time of purchase. However, the extent of exemption depends on the size of batteries used in the vehicle. In the United States, insurance companies provide discounts on insurance policies to customers and utility companies are offering low electricity rates. Also, few states offer credits to electric vehicle manufacturers and buyers for their costs and purchase of charging equipment. Many European countries follow incentive-based programs for promoting EVs. Countries, like Germany and Austria, offer tax exemptions and reductions.

Further key findings from the report suggest:
·         The increasing vehicular safety norms across the globe and growing adoption of electric passenger car vehicles amongst end users are expected to drive the market.
·         Electric automotive parts have diversified over the past decade, leading to an increase in the number of relays used as switching devices as well as variation in the required features of each relay
·         Asia Pacific is a key revenue generating region and captured a significant market share in 2016. The region exhibits a high growth potential, which may be attributed to high vehicle demand in this region.
·         The key players in the market include ABB Group, Denso Corporation, Eaton Corporation plc, Fujitsu Limited, Hella KGaA Hueck & Co. (HELLA).
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the automotive relay market based on product, application, vehicle type and regions:
Product Outlook (Revenue, USD Million; 2014 - 2025)
·         PCB Relay
·         Plug-in Relay
·         High Voltage Relay
·         Others
Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)
·         Passenger vehicles
·         Commercial vehicles
·         Electric vehicles
Application Outlook (Revenue, USD Million; 2014 - 2025)
·         Resistive loads
·         Capacitive loads
·         Inductive loads
Regional Outlook (Revenue, USD Million; 2014 - 2025)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
o    Japan
·         South America
o    Brazil
·         Middle East and Africa (MEA)
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



Collateral Ligament Stabilizer System Market Projected to reach USD 2.36 billion by 2025 : Grand View Research, Inc.

The global collateral ligament stabilizer system market is expected to reach USD 2.36 billion by 2025, according to a new report by Grand View Research, Inc. Increase in number of sports injuries and road accidents is expected to boost the adoption of Collateral Ligament Stabilizer System (CLSS). According to Stanford Children’s Health, around 3.5 million children aged 14 years and below are affected by some form of sport-related injury every year. This shows the potential demand for CLSS in the coming years.
Nearly one-third of all injuries affecting children arise due to sport-related activities. Sports Medicine Australia also estimated that 1 in 17 Australians suffer from sport trauma each year. According to the Zurich American Insurance Company, 62% of the injuries related to organized sports occur during practices. Thus, increasing sports-related injuries has resulted in the high demand for collateral ligament stabilizer systems.
According to WHO, every year nearly 1.25 million people die due to road accidents and about 20 to 50 million are injured. Thus, the rise in number of road accidents is anticipated to heighten the adoption of CLSS.
Furthermore, increasing geriatric population across the globe is another major factor propelling the growth of CLSS market. According to a report published by the U.S. Census Bureau, Japan has the highest percentage of aging population in the world. In 2015, about 26.6% of the population in Japan was aged 65 years and over, which accounted for nearly 33.7 million people.

Further Key Findings From the Study Suggest: 
·         The medial collateral ligament segment held the dominant share owing to the increase in number of medial collateral ligament trauma resulting from sports or road accidents
·         The grade 2 injury segment is anticipated to grow at a lucrative CAGR due to the increase in number of grade 2 injuries and recommendations by medical practitioners to use collateral ligament stabilizer systems in such cases
·         On the basis of end use, orthopedic clinics held the largest share of the CLSS market owing to the increase in establishment of specialty clinics and growing preference of patients for such clinics
·         Asia Pacific is anticipated to grow at a lucrative CAGR owing to presence of high untapped opportunities, rising prevalence of chronic conditions such as osteoarthritis, and rise in number of accident & trauma cases
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the Collateral Ligament Stabilizer System (CLSS) market on the basis of ligament, injury, end use, and region:
Collateral Ligament Stabilizer System Ligament Outlook (Revenue, USD Million, 2014 - 2025)
·         Medial Collateral Ligament (MCL)
·         Lateral Collateral Ligament (LCL)
Collateral Ligament Stabilizer System Injury Type Outlook (Revenue, USD Million, 2014 - 2025)
·         Grade 1
·         Grade 2
·         Grade 3
Collateral Ligament Stabilizer System End-use Outlook (Revenue, USD Million, 2014 - 2025)
·         Hospitals
·         Orthopedic Clinics
·         Others
Collateral Ligament Stabilizer System Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
·         Asia Pacific
o    Japan
o    China
o    India
·         Latin America
o    Brazil
o    Mexico
·         MEA
o    South Africa
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