Monday, 8 January 2018

Green Coatings Market Expected To Grow Owing To Increasing Product Penetration In construction and automotive application till 2025 : Grand view research, inc.

The global greencoatings market is expected to reach USD 209.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 6.9% over the forecast period, Owing to Increasing product penetration in construction and automotive application to replace high VOC emitting solvent based coatings is likely to drive industry growth.
The industry is highly competitive owing to the presence of several international players including PPG Industries, AkzoNobel NV, Sherwin-Williams, Evonik Industries and Eastman Chemical Company. These players are focusing on increasing their share along with profitability through product innovation, R&D activities, mergers, and acquisition.
Strong foothold of the existing players, extensive product offerings and wide geographical reach is expected to be the key barrier for the emerging manufacturers. The majority of the industry players are integrated across the value chain in order to reduce their dependency on the raw material suppliers and increase profitability.
Further key findings from the report suggest:
·         Waterborne technology dominated the industry in 2016 and is likely to grow at a CAGR of 6.8% from 2017 to 2025 owing to its rising consumer preference towards environmental friendly products in architectural and automotive applications
·         Powder technology is expected to grow at CAGR of 7.2% from 2017 to 2025, on account of its superior properties including zero VOC, superior corrosion resistance, reduced drying time and high-quality finish
·         In 2016, automotive application for UV cured technology accounted for 23.4% and is expected to grow at a significant rate owing to rising product demand for manufacturing sunroof seals, window seals, and paint touch up applications
·         Asia Pacific accounted for 33.4% of overall green coatings market share in 2016 and is expected to grow at the fastest rate owing to rapid growth of automotive construction industry in economies including India and China
·         Europe has been a major consumer for waterborne paints owing to the stringent government regulation, early adoption of the technology and high consumer awareness regarding the product benefits
·         Initiatives taken by the industry players to manufacture environmentally friendly products in order to comply with regulatory norms including EU’s VOC Regulation 2004/42/EC and U.S. EPA’s Clean Act is expected to propel industry growth
·         In July 2017, AkzoNobel acquired Flexcrete Technologies Ltd. And Disa Technology in order to expand the company business in aerospace, industrial and automotive coatings. In addition, the company acquired industrial coatings business line of BASF SE in December 2015 in order to strengthen company roots in coating industry
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/renewable-chemicals
Grand View Research has segmented the green coatings market on the basis of technology, and regions:
Green Coatings Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Waterborne Coatings, By Application
o    Architectural
o    Industrial coatings
o    High Performance
o    Automotive
o    Wood Coating
o    Packaging
o    Others
·         Powder Coatings, By Application
o    Consumer Goods
o    Architectural
o    Automotive
o    General Industries
o    Furniture
o    Others
·         High Solid Coatings, By Application
o    Industrial
o    Automotive
o    Aerospace
o    Packaging
o    Others
·         UV Cured Coatings, By Application
o    Industrial
o    Automotive
o    Wood Coating
o    Packaging
o    Others
Green Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
o    Japan
·         Central & South America
o    Brazil
·         Middle East & Africa
View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-green-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: www.grandviewresearch.com


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Glucosamine Market Projected To Grow Due To Rapidly Growing Healthcare Industry Till 2022 : Grand View Research, Inc.

The global glucosaminemarket is expected to reach USD 757.3 million by 2022, according to a new report by Grand View Research, Inc. Growing application scope of the product in the manufacturing of nutritional supplements which aid in the prevention of osteoarthritis among consumers is expected to fuel demand over the next seven years. 
Increasing number of vegan consumers particularly in developed countries including U.S. is expected to be another driver for the industry over the forecast period. The product is primarily manufactured from crustaceans including shrimp and crab; however, Cargill and Cyanotech have pioneered vegetarian glucosamine by extracting the ingredient from ‘aspergillus niger’ fungi. 
Increasing population, rapidly growing healthcare industry and consumer awareness regarding joint and bone health is expected to fuel use of glucosamine in various food & beverage products. In addition, supporting regulatory framework in Europe regarding product use in the manufacturing of food & beverages is expected to propel industry growth over the next seven years. However, increasing number of substitutes including fish oil and omega-3 may challenge product demand over the forecast period. 

Further key findings from the report suggest:
·         Nutritional supplements is expected to be the fastest growing application segment at a CAGR over 4.0% from 2015 to 2022. Rising bone and joint health concerns, increasing occurrences of joint problems and rising awareness regarding product benefits among consumers is expected to propel market growth over the next seven years.
·         Japan market was valued at over USD 200.0 million in 2014. Growing consumer awareness coupled with rising geriatric population is expected to propel product utilization over the next seven years. In addition, high cost of medical services is expected to facilitate the adoption of preventive measures, thus driving industry growth over the forecast period. However, market saturation coupled with increasing penetration in other regions is expected to hamper growth over the next seven years.
·         Asia Pacific product demand in nutritional supplements was estimated at over 2,000.0 tons in 2014. Increasing consumption of sports nutrition in Thailand and weight management products in China and South Korea is expected to have a positive impact on product demand over the next seven years. In addition, growing need for functional food & beverages is expected to propel industry growth over the forecast period.
·         The global industry is highly competitive on account of presence of numerous market players. Rising R&D expenditure for new product development coupled with the need to reduce manufacturing cost are key trends witnessed within the industry. Capacity expansion is one of the strategies witnessed within the industry.
·         In February 2016, Nutramax Laboratories invested USD 15 million in their distribution center at Lancaster to expand company's presence in the UK. In May 2015, Amway opened a 60,000 square feet facility in California dedicated for nutrition and R&D.
Grand View Research has segmented the global glucosamine market on the basis of application and region:
Glucosamine Application Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)
·         Nutritional supplements
·         Food &beverages
·         Dairy products
Glucosamine Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2022)
·         U.S.
·         Europe
·         Japan
·         Asia Pacific
·         RoW
View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-glucosamine-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
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Respiratory Diseases Testing Market Projected To Grow Due To Raising Prevalence Of Respiratory Diseases Till 2025: Grand View Research, Inc.

The global respiratory diseases testing market is expected to reach USD 6.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of respiratory diseases. As per Forum of International Respiratory Societies, more than 200 million people across the globe suffered from Chronic Obstructive Pulmonary Disease (COPD) and 235 million suffered from asthma in 2014. In addition, the source stated that more than 50 million people struggle with occupational lung diseases annually. Thus, constantly growing target patient population is anticipated to drive the growth.
The adoption of innovative technologies, such as Computed Tomography (CT), for COPD diagnosis is expected to drive the growth. The other new technology in acute medical management of COPD is pulse oximeter that is used for outpatient monitoring.  Airway management plays a main role in testing and management of COPD. Also, with recent technological innovations, there has been a 12.1 % increase in the use of Noninvasive Mechanical Ventilation (NIV) for management of COPD. Along with technological advancements, use of digital radiography (X-ray) and advanced portable spirometers is gaining momentum in the market.
Further key findings from the study suggest:
·         The growing prevalence of COPD and asthma across the globe is expected to increase the demand for respiratory disease testing devices and thereby drive the market growth
·         In products, imaging tests held the largest share in 2016 due to rapid development and adoption of innovative technologies
·         In respiratory measurement, spirometers, pulse oximeters, ventilators, capnographs, and other noninvasive ventilators used for measurement of lung capacity are expected to grow at a rate of more than 4% over the forecast period
·         In end-use, hospitals segment held the largest share in 2016 and is anticipated to grow over the forecast period
·         North America the largest market share in 2016. Growing prevalence of respiratory diseases such as COPD, asthma is increasing the demand for respiratory disease testing/diagnostic in North American countries.
·         Asia Pacific region is expected to grow at the fastest rate during the forecast period. This growth can be attributed to various factors such as improving health care infrastructure and increasing patient awareness regarding the availability of new diagnostic techniques for respiratory diseases, such as COPD & asthma.
·         Some of the major players competing in this market include, but are not limited to, Becton Dickinson (Carefusion Corporation); Koninklijke Philips N.V. (Respironics); ResMed Company; Fischer & Paykel; and Medtronic. These players are strong brands in the market as they have elaborate product portfolios in respiratory disease testing market.
View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the respiratory disease testing/diagnostics market by product, end-use and regions.
Product Outlook (Revenue, USD Million; 2014 - 2025)
·         Imaging test
·         Respiratory Measurement
·         Blood gas test
·         Other
End-use Outlook (Revenue, USD Million; 2014 - 2025)
·         Hospitals
·         Physician clinics
·         Clinical laboratories
·         Others
Regional Outlook (Revenue, USD Million; 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    Japan
·         Latin America
o    Mexico
o    Brazil
·         MEA
o    South Africa
View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-respiratory-disease-testing-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: www.grandviewresearch.com
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Friday, 5 January 2018

RFID kanban systems market Projected to reach USD 1.1 Billion by 2020 : Grand View Research, Inc.

Global RFIDkanban systems market is expected to reach USD 1.1 Billion by 2020, according to a new study by Grand View Research, Inc. Increasing cases of stock outs, over inventory, clerical errors and growing demand for real time asset and inventory tracking are some factors expected to drive market growth over the next six years. Furthermore, high cost incurred due to medication expiration, increasing demand for FIFO system and the implementation of lean inventory management is expected to boost market growth over the forecast period.
North America held majority of the market in 2013, with revenue estimated at USD 97.5 million. Economic development, increasing demand for process optimization, rising awareness level amongst healthcare organizations pertaining to the benefits associated with RFID kanban systems are some major drivers of this market.
The presence of a large gap between the need for hospital inventory management and availability of real time inventory management solutions has resulted in high growth potential for the U.S. market. RFID based kanban systems have been incorporated by certain healthcare facilities. However, a large percentage of hospitals have yet to make this transition.
Further key findings from the study suggest:
·         The U.S. RFID kanban systems market was valued at USD 76.9 million in 2013. The incorporation of RFID kanban systems brings down the overall inventory ordering, shortage, carrying and purchase costs by as much as 30%. This cost reduction incentive acts as the most important driver for the RFID based kanban systems market in the region.
·         The Japanese RFID kanban systems market is expected to grow at a CAGR of over 23.8% from 2014 to 2020. Owing to the fact that the kanban system was initially developed in Japan, there has been significant development since then in the country for the purpose of automating the two bin kanban system. There has been prototype deployment of RFID kanban systems in Japan and it is expected that there will be growing demand for further such implementation in the Japanese hospitals to further improve healthcare services.
·         Some key market players of RFID Kanban systems include Brooks Automation, Grifols, Hurst Green Plastics Ltd., Wurth Group, Bollhoff Group, Pepperl+Fuchs, Datelka, Metra Tec GmbH, Logi-Tag and Mattteo
·         In order to develop cost effective and technologically advanced products, manufacturers in the market are involved in rigorous R&D. For Instance, LogiTag released a new mobile app for hospital inventory management and charge capture.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global RFID Kanban systems market on the basis of region:
RFID Kanban Systems Regional Outlook (Revenue, USD Million, 2012 - 2020)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Belgium
o    Poland
o    Netherlands
o    Spain
o    Germany
o    UK
o    France
·         Asia
o    China
o    India
o    Japan
o    Australia
·         RoW
o    Brazil
o    Argentina
o    Chile
o    GCC
View press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-rfid-kanban-systems-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



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