Tuesday 12 December 2017

Methyl ethyl ketone (MEK) market Expected to reach USD 4.01 billion by 2024 : Grand View Research, Inc.

The global methyl ethyl ketone (MEK) market is expected to reach USD 4.01 billion by 2024, according to a new report by Grand View Research, Inc. Urbanization and industrialization in emerging economies of Asia Pacific and the Middle East have driven the need for better infrastructure.
Increasing construction spending by governments particularly in China and India to meet the rising infrastructure needs has been driving the construction industry growth which in turn is anticipated to drive demand for adhesives, printing inks, plastics, paints, and coatings demand.
Expanding product penetration in pharmaceuticals can be attributed to its ability to breakdown quaternary proteins structure and increase drug penetration. Growing pharmaceutical industry globally is expected to offer growth opportunities in denaturing applications.
Increasing chronic and terminal ailments prevalence is further driving the specialty drugs demand which in turn is anticipated to significantly impact product volumes over the forecast period. Volatile raw material prices and potential substitution by green solvents across various end-use industries are anticipated to remain key challenges for participants over the forecast period.

Further key findings from the report suggest:
·         The global MEK market demand was 1.42 million tons and is expected to reach 2.11 million tons by 2024, growing at a CAGR of 4.5% from 2016 to 2024.
·         Paints & coatings emerged as the leading application segment with demand share estimated at 55% in 2015. Increasing infrastructure spending in the booming Asian market is expected to drive this segment over the forecast period.
·         Printing inks segment is anticipated to growth at a CAGR of 4.9% from 2016 to 2024. MEK is widely used in inkjet inks owing to its quick evaporation rate and solvency which is expected to enhance overall volumes in the near future.
·         Asia Pacific dominated the global MEK industry and accounted for 56.3% of total market volume in 2015. Increasing construction spending in emerging economies of China and India coupled with government support to increase manufacturing in these countries are expected to drive the regional market. Asia Pacific is also expected to witness the fastest growth of 4.9% over the forecast period.
·         The global market is concentrated with top four companies ExxonMobil, Maruzen, Zibo, and Sasol accounting for a majority of share. Other players include Shell Chemicals, Ineos Solvents, SK Energy Co. Ltd, Lanzhou Petrochemicals, Idemitsu Kosan Co Ltd, Tasco Chemicals, Tonen Chemicals and Fushun Petrochemical Company.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds
Grand View Research has segmented the methyl ethyl ketone (MEK) market on the basis of application and region:
Global Methyl Ethyl Ketone (MEK) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         Paints & coatings
·         Printing Inks
·         Adhesives
·         Others
Global Methyl Ethyl Ketone (MEK) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         North America
o    U.S
o    Canada
·         Europe
o    Germany
o    UK
o    France
·         Asia Pacific
o    China
o    India
o    Japan
·         Middle East and Africa
o    Saudi Arabia
·         Central & South America
o    Brazil
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



Preclinical imaging market expected to reach around USD 3.6 billion by the year 2024 : Grand View Research, Inc.

The global preclinical imaging market is expected to reach around USD 3.6 billion by the year 2024, according to a report performed by Grand View Research, Inc. The swift increase in the number of clinical research organizations (CROs), pharmaceutical companies, and research and development organizations is propelling the demand for preclinical imaging.
Heavy investments in research and development are encouraging research projects worldwide. As a result, the demand for Preclinical imaging is steadily increasing. Pharmaceuticals, biotechnology, life sciences, medical devices, and cosmetics are the wide application areas, where imaging modalities are widely used in research and development. Furthermore, veterinary hospitals and educational institutions also create an additional demand for this market.
North America comprises the U.S. and Canada markets. North America and Europe together accounted for the largest market share in 2015. The increased research and development funding coupled with the presence of a highly developed research infrastructure is accelerating the growth of the market in Europe and North America.
On the other hand, the governing stringent regulatory guidelines are restricting the growth of the market in North America. Asia Pacific is expected to show the fastest growth rate during the forecast period owing to the easy availability of resources, the presence of an advanced research infrastructure, and the allocation of government funds for R&D activities.
Browse full report by Grand View Research :

Further key findings from the study suggest:
·         The optical imaging devices segment captured the largest market share of the overall market in 2015. The largest market share was mainly attributed to the extensive application of these devices in small animal imaging and research projects.
·         The multimodal imaging devices segment is anticipated to show a significant growth rate from 2016 to 2024. The increasing adoption of these devices owing to the integration of multiple imaging modalities into a single unit is the major factor expected to drive the growth of this segment during the forecast period.
·         The reagents segment accounted for a significant market share in 2015 as these products are purchased repeatedly, unlike in the case of imaging devices
·         North America captured the largest market share of around 35% in 2015. The market is expected to maintain its dominance during the forecast period. Well-established research infrastructure, the growing number of research and development activities, and the rising investments in R&D are some of the factors supporting the growth of the market in this region.
·         Asia Pacific is anticipated to show a significant growth rate from 2016 to 2024 owing to the rapidly expanding contract research organization (CRO) industry in this region
·         The exit of the major players from the market is creating growth opportunities for the other smaller, domestic Preclinical imaging system manufacturers
·         The major market players include Bruker Corporation, Siemens A.G., General Electric(GE), TriFoil Imaging, PerkinElmer, Inc., VisualSonics, Inc. (Fujifilm), Mediso Ltd., MILabs B.V., and Agilent Technologies.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the Preclinical imaging device market on the basis of product type and geography.
Preclinical imaging product outlook, 2014 & 2024 (USD Billion)
·         Medical Devices
o    CT Imaging
o    MRI Imaging
o    PET/SPECT Imaging
o    Multimodal Imaging
o    Optical Imaging 
o    Ultrasound Imaging
o    Photoacoustic (PAT) Imaging
·         Reagents
·         Services
Preclinical imaging regional outlook, 2014 & 2024 (USD Billion)
·         North America
o    U.S. Preclinical Imaging Market by Product Type
o    Canada Preclinical Imaging Market by Product Type
·         Europe
o    Germany Preclinical Imaging Market by Product Type
o    France Preclinical Imaging Market by Product Type
·         Asia Pacific
o    China Preclinical Imaging Market by Product Type
o    India Preclinical Imaging Market by Product Type
·         Latin America
o    Brazil Preclinical Imaging Market by Product Type
o    Mexico Preclinical Imaging Market by Product Type
·         MEA
o    South Africa Preclinical Imaging Market by Product Type
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




Mixed reality market Expected to reach USD 6.86 billion by 2024 : Grand View Research, Inc.

The global mixed reality market is expected to reach USD 6.86 billion by 2024, according to a new report conducted by Grand View Research, Inc. The surging acceptance in entertainment and automobile & aerospace designing arenas is expected to boost the market growth. The increasing acceptance in the entertainment industry, specifically in gaming and film-making, is further anticipated to bolster the market growth.
The market can be categorized on the basis of application types into automotive & aerospace, medical, entertainment, e-commerce & retail, and others. The e-commerce & retail application segment is expected to grow at a remarkable pace owing to the surging incorporation by e-tailers for goods’ promotion and advertising; for instance, in fashion houses for providing virtual product experiencing, thus delivering an enhanced appeal factor.
The MR technology offers many advantages to the automotive industry, particularly in safety. For instance, Mercedes-Benz vans deploy MR to realize advanced manufacturing facilities in their van technology center through:
            • The overlay of digital crash simulation data on physical crash vehicles
            • The visualization of out-of-position and validation of flexible parts
            • Digital assembly and disassembly simulations with collision testing

Further key findings from the report suggest:
·         The global mixed reality market is estimated to grow significantly over the forecast period due to the advanced technology adoption in numerous industries, leading to reduced costs of production and increased efficiency. The technological superiority of mixed reality in dynamic application arenas of large magnitude is estimated to trigger the demand by 2024.
·         The MR technology would become an essential part of the retail industry, which is expected to drive the industry growth over the forecast period. Most of the retailers would use this technology to provide their customers with an interactive experience, which gives their shopping a whole new edge. Retailers can use mixed reality in many ways, such as by including it in interactive promotions; providing accuracy in a buying process; and localizing businesses, deals, and offers.
·         North America is anticipated to mature as one of the prominent regional markets, owing to the high adoption in the automotive and aerospace designing industry coupled with the rising R&D spending. Asia Pacific is expected to witness a substantial growth over the forecast period. The surge in the demand across various application arenas is expected to spur the market demand.
·         The key industry participants include Magic Leap, META COMPANY, Alphabet Inc., HTC Corporation, Inc., and Microsoft Corporation. Magic Leap, an augmented reality company, offers a technology that projects an image on the retina of the user and allows interaction between the fictional characters and the real world.
Browse more reports of this category by Grand View Research:  https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global mixed reality market on the basis of component type, application type, and region:
Mixed Reality Component Type Outlook (Revenue, USD Million, 2015 - 2024)
·         Hardware
·         Software
Mixed Reality Application Type Outlook (Revenue, USD Million, 2015 - 2024)
·         Automotive & Aerospace
·         Medical
·         Entertainment
·         E-commerce & Retail
·         Others
Mixed Reality Regional Outlook (Revenue, USD Million, 2015 - 2024)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    Japan
·         South America
o    Brazil
·         Middle East & Africa
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



Enterprise application market estimated to be worth USD 259.51 billion by 2022 : Grand View Research , Inc.

The global enterprise application market size is estimated to be worth USD 259.51 billion by 2022, according to a new study by Grand View Research, Inc.  Increasing need among organization for single data access point is anticipated to drive industry growth over the forecast period.
Implementation of enterprise application solution enables real time data and information flow along with level running of business process. Use of these solutions enable better customer engagement, inventory management, quality management and supply chain management. Increasing IT budget of the companies is expected to favor industry growth over the next seven years. Availability of open source solution and high maintenance cost may hinder industry growth over the next seven years.
Browse full report by Grand View Research :

Further key findings from the study suggest:
·         Web conferencing is useful for conducting seminars, business meetings, online presentations, online educations, demonstrations, and offering direct customer support. Companies adopt web conferencing to reduce geographical barrier and enable effective communication across regions. Solution such as Business Process Management (BPM) and Business Intelligence (BI) enables efficient information processing to facilitate organizational development. Business Process Management (BPM) offers benefit such as increased customer satisfaction, improved agility, cost saving, greater team satisfaction and full transparency of all activities across the organization. Content Management System (CMS) is anticipated to grow at a CAGR of around 13% from 2015 to 2022.
·         Healthcare sector is estimated to grow at a CAGR of over 8.5% from 2015 to 2022. Increasing need for real time data transparency is anticipated to drive growth over the forecast period. Industries such as BFSI, healthcare, retail, and telecom adopts these solutions to enhance customer experience and value proposition..
·         Industry players use on-premise and cloud delivery models for deployment of the software. Cloud-based solution is becoming popular among small scale industries owing to budget limitation and its benefit. In 2014, on-premise cloud solution accounted for around 67% of the overall revenue share. Pay-per-use model and scalability are the main factor driving cloud-based solution growth.
·         North America enterprise application market is estimated to be major regional segment owing to changing organizational structure and customer centric approach of the companies. Europe enterprise application market is estimated to grow at CAGR of around 6% over the forecast period in 2014, and accounted for over 30% of the revenue share. Asia Pacific enterprise application market is anticipated to witness growth owing to rising number of start up and presence of large number of small scale industries. Cloud-based solution may witness increase in demand in the region owing to popularity of it among small scale industries.
·         The key industry participants include Key players include Hewlett Packard (HP), Oracle, Microsoft Corporation, IFS AB, SAP, QAD Inc., IBM Corporation, Epicor software Corp., and Infor. In 2014, SAP invested USD 2.54 billion in research and development to enhance their offering. In March 2014, SAP announced the acquisition of Fieldglass, a vendor management system provider.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/communication-services
Grand View Research has segmented the enterprise application market on the basis of product, end-use, deployment, and region:
Enterprise Application Product Outlook (USD Billion, 2012 - 2022)
·         CRM
·         ERP
·         SCM
·         Web Conferencing
·         BI
·         BPM
·         CMS
·         EAM
·         Others
Enterprise Application End-Use Outlook (USD Billion, 2012 - 2022)
·         Manufacturing
·         BFSI
·         Healthcare
·         Retail
·         Government
·         Aerospace & defense
·         Telecom & IT
·         Others
Enterprise Application Deployment Outlook (USD Billion, 2012 - 2022)
·         On-premise
·         Cloud
Enterprise Appliances Regional Outlook (USD Billion, 2012 - 2022)
·         North America
·         Europe
·         Asia Pacific
·         RoW
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

Next Generation Memory expected to reach USD 3.43 billion by 2020 : Grand view Research, Inc.

The Global Next Generation Memory Market is expected to reach USD 3.43 billion by 2020, according to a new study by Grand View Research, Inc. Increasing need for fast and economical storage solutions across diverse applications is estimated to drive market growth over the forecast period. Next generation memory is used for various applications such as enterprise, industrial and automotive to store and manage information, which is expected to augment market growth over the next six years.
Increasing use of next generation memory in mobile phones to enhance customer experience is expected to fuel market growth. Increasing demand for wearable electronics and replacement of flash memory storage may provide new growth avenues to the next generation memory market. Low environment stability and high design cost may act as a restraint to market growth over the forecast period.
Browse full report by Grand View Research :

Further key findings from the study suggest:
·         Non-volatile memory storage is expected to remain the key product segment over the forecast period; it accounted for over 90% of the market in 2013. This technology is used for economical storage and fast processing of data and sustains the stored information even when the power is turned off. Volatile memory storage is estimated to witness considerable growth over the forecast period. In this technology, information fades when the power supply is turned off unless the storage device is periodically refreshed.
·         Mobile phones were a major application segment in 2013 and accounted over 55% of the overall market in the same year. All common computing platforms from handheld devices to supercomputers use storage systems to store data permanently or temporarily. Smart cards store a few bytes of data and are expected to grow at a significant rate over the forecast period.
·         North America was estimated to be the key regional market in 2013. The Asia Pacific market is expected to grow at a considerable rate owing to increasing demand for smartphones and tablets. Additionally, presence of key market players in countries such as China, India, Japan and South Korea is also expected to positively impact the regional market over the forecast period.
·         Key industry participants include Samsung Electronics Co. Ltd., IBM Corp, Adesto Technologies, Crossbar Inc, Fujitsu Ltd, Toshiba Corporation, Intel Corporation etc. Toshiba along with SK Hynix are working on production of next generation memory chips, which is expected to decrease power consumption and increase data transfer speed. Economical and efficient solution development is expected to be a critical success factor for market players.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global next generation memory market on the basis of product, application and region:
Next Generation Memory Product Outlook (Revenue, USD Million, 2012 - 2020)
·         Volatile
·         Non-Volatile
Next Generation Memory Application Outlook (Revenue, USD Million, 2012 - 2020)
·         Mass Storage
·         Mobile Phones
·         Industrial & Automotive
·         Embedded MCU & Smart Cards
·         Cache Memory & Enterprise Storage
Next Generation Memory Regional Outlook (Revenue, USD Million, 2012 - 2020)
·         North America
·         Europe
·         Asia Pacific
·         RoW

View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-contraceptives-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