Market Research News

Monday 14 May 2018

Gamma Oryzanol Market expected to reach USD 2.06 billion by 2022 : Grand View Research, Inc.

The global gamma oryzanol market is expected to reach USD 2.06 billion by 2022, according to a new report by Grand View Research, Inc. Increasing consumer awareness towards a healthy lifestyle is expected to drive product demand over the next seven years.

Improper diet intake coupled with rising health treatment expenditure has urged consumers to switch to alternatives, such as dietary supplements, that offers a balanced diet. Gamma oryzanol plays a significant role in boosting good cholesterol and minimize adverse impacts of unhealthy diet intake.

Rapid urbanization coupled with increasing participation in health clubs and fitness activities are expected to play a vital role in industry growth over the forecast period. High product price along with the lack of consumer awareness are expected to remain major factors hindering market growth.

Technological innovation in the industry includes research initiatives to enhance yield rate from rice bran oil that is anticipated to reduce production costs and enable market players to attain economies of scale. Ongoing technological innovations along with increasing R&D spending is expected to provide significant opportunities for gamma oryzanol manufacturers over the forecast period.

Sports supplement emerged as the principal application segment and accounted for over 40% of total revenue in 2014. The segment is anticipated to witness moderate growth rate owing to high requirement of gamma oryzanol as an essential supplement for sports nutrition.

Full research report on gamma oryzanol market analysis:
http://www.grandviewresearch.com/industry-analysis/gamma-oryzanol-market

Further key findings from the report suggest:

· The global gamma oryzanol market demand was 11,520.0 tons in 2014 and is expected to reach 18,597.8 tons by 2022, growing at an estimated CAGR of 6.2% from 2015 to 2022

· Gamma oryzanol demand in cosmetic applications is anticipated to witness the highest growth over the forecast period. The segment is estimated to grow at a CAGR of 6.9% in terms of demand from 2015 to 2022.

· The product demand in animal feed in the U.S. was over 710 tons in 2014. High requirement of the micronutrient in horses and dogs to enhance muscle development may be attributed to significant development in the segment.

· Europe was the leading regional market and accounted for 30% of total consumption in 2014. The increasing acceptance of sports supplements as an essential form of nutrition in the UK, Italy, and Germany is expected to remain a key factor driving regional market.

· Asia Pacific is estimated to witness the highest growth of 7.1%over the forecast period. Abundant raw material availability coupled with significant developments in cosmetics and animal feed sectors particularly in Japan, China, Vietnam, and India are anticipated to steer industry growth.

· Key players operating in the global gamma oryzanol market include Oryza Oil & Fat Chemical Co., Ltd., Jining Ankang Pharmaceutical, Honson Pharmatech Group, KangCare Bioindustry, Lamotte Oils, Tsuno Rice, Xi’an Realin Biotechnology, Shanghai Freemen LLC, Chromadex Inc., and Sunrise Nutrachem Group Co. Ltd.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-and-fine-chemicals

Grand View Research has segmented the gamma oryzanol market on the basis of application and region:

Global Gamma Oryzanol Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

· Sports supplements

· Cosmetics

· Pharmaceuticals

· Animal feed

Global Gamma Oryzanol Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

· North America

o U.S.

· Europe

o France

o Germany

o UK

· Asia Pacific

o China

o India

· Central & South America

· Middle East & Africa

Access press release by Grand View Research:
https://www.grandviewresearch.com/press-release/global-gamma-oryzanol-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

Atherectomy Devices Market is expected to reach USD 894.69 million by 2025 : Grand View Research, Inc.

The global atherectomy devices market is expected to reach USD 894.69 million by 2025, based on a new report by Grand View Research, Inc. The demand for atherectomy devices market is anticipated to boost over the forecast period due to rapidly rising incidence of target diseases such as peripheral artery disease.

New technologies and product approvals are expected to boost the market for orbital and laser atherectomy devices over the forecast period. For instance, in July 2016, Cardiovascular Systems Inc. submitted an application for approval to Pharmaceuticals and Medical Devices Agency (PMDA), Japan’s regulatory agency for pharmaceuticals and medical devices. The company intends to launch Diamondback 360 Coronary OAS Micro Crown in the region and is looking for potential distributors. This would be the company’s first international market entry and the approval procedure is yet to be completed.

Full research report on atherectomy devices market analysis:
http://www.grandviewresearch.com/industry-analysis/atherectomy-device-market

Further Key Findings from the Study Suggest:

· Directional atherectomy devices was the largest segment in terms of revenue in the year 2016. This can be attributed to their capability of collecting the shaved plaque in a collecting space, which reduces the risk of barotrauma, dissection, and neointimal hyperplasia.

· Laser atherectomy devices is expected to the fastest growing segment over the next 8 years. Laser technique is perceived as to have more precision in plaque removal and cause fewer complications. It is also believed to result in lesser incidence of restenosis.

· Geographically, North America held the largest market share in 2015 and is expected to maintain its position during the forecast period. A high prevalence of Peripheral Artery Diseases (PAD) in this region is one of the key reasons for high demand of atherectomy. Almost 8.5 million people suffer from PAD in the U.S., resulting in an annual economic burden of nearly USD 160 million.

· Asia Pacific is anticipated to observe the fastest growth over the coming years. Improving economic conditions leading to increasing prevalence of lifestyle diseases, especially cardiovascular and peripheral, is the key reason for this growth.

· Some of the key industry contributors are Boston Scientific Corporation, Cardiovascular Systems Inc., Medtronic (Covidien), Spectranetics, VOLCANO CORPORATION, Avinger Inc., Bayer AG, Straub Medical AG, ST. JUDE MEDICAL, BARD Peripheral Vascular, Cardinal Health (Cordis), and Terumo IS.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the atherectomy devices market by type and region:

Atherectomy Devices Type Outlook (Market Revenue in USD Million, 2014 - 2025)

· Directional atherectomy devices

· Rotational atherectomy devices

· Orbital atherectomy devices

· Laser atherectomy devices

Atherectomy Devices Regional Outlook (Market Revenue in USD Million, 2014 - 2025)

· North America

o U.S.

o Canada

· Europe

o UK

o Germany

· Asia Pacific

o China

o Japan

· Latin America

o Brazil

· Middle East and Africa

o South Africa

Access press release by Grand View Research:
https://www.grandviewresearch.com/press-release/global-atherectomy-device-market

About Grand View Research

For more information: http://www.grandviewresearch.com

Industrial Protective Footwear Market size is expected to reach USD 6.56 billion by 2024 : Grand View Research, Inc.

The global industrial protective footwear market size is expected to reach USD 6.56 billion by 2024, according to a new report by Grand View Research, Inc. The substantial growth prospects of the market can be attributed to the rising number of worker accidents across global organizations.

Comfort, innovation, safety, and aesthetic value are the key characteristics of the industrial safety footwear. The global shoe manufacturers over the years have been striving to integrate these features into their products in order to offer improved safety in the workplace as well as provide comfort to workers. Industrial protective shoes have been facing a substantial demand from various industries to avoid fatalities and accidents in the workplace.

With a paradigm shift towards worker safety instead of maximizing profits, a huge demand has been created for protective footwear in hazardous work environments and is anticipated to drive the industry over the forecast period.

In the recent years, safety wear has emerged as an increasingly preferred choice for many companies. These safety products are essential for the prevention and protection against occupational fatalities to workers as well as for the prevention of legal action towards organizations.

However, the high sale volume of spurious and cheap products in the industry is envisioned to challenge the industry growth in the near future. Furthermore, due to the increasing popularity and rising demand for premium branded safety shoes, these products become the sole target for counterfeiting. Thus, high sales volume of counterfeit and low-quality products are expected to challenge the industry growth.

Full research report on industrial protective footwear market analysis: http://www.grandviewresearch.com/industry-analysis/industrial-protective-footwear-market

Further key findings from the report suggest:

· Leather footwear is presumed to emerge as a predominant product over the forecast period. Leather is increasingly used in safety shoes to provide protection against fatal electric shocks due to its non-conductivity. Moreover, a genuine leather provides protection against falling objects, punctures, cutting hazards, burns, and extreme weather.

· The rubber safety shoe market was valued at over USD 120 million in 2015 and is expected to grow at a considerable rate over the forecast period. With the emerging use of intense colored rubber materials, safety shoes have now become ergonomically enhanced, water resistant, and lightweight, thereby making them a good choice for various industries.

· Construction is expected to emerge as a predominant application segment over the next eight years. Growth in this segment is primarily driven by the rising number of workplace accidents, which has, in turn, fueled the adoption of industrial shoes among infrastructure developers to improve occupation safety.

· Europe led the industry in terms of market share in 2015 and is expected to retain its dominance over the forecast period. The demand in this region is mainly driven by the implementation of standards and compliance with stringent regulations that mandate the use of safety shoes at the workplace. The widespread presence of safety shoe manufacturers in the region is anticipated to drive the industry growth in the region.

· Low-cost labor, capital, and raw materials, as well as low-interest loans and tax incentives, have forced footwear manufacturers to migrate from North America, UK, and Italy to Asia, especially China. Moreover, the Chinese government is presently attracting footwear manufacturers with various incentives and is working to shift the footwear production sites from the coastal regions to internal territories.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/smart-textiles

Grand View Research has segmented the global industrial protective footwear market on the basis of product, application, and region.

Industrial Protective Footwear Product Outlook (Revenue, USD Million, 2012 - 2024)

· Leather Footwear

· Waterproof Footwear

· Rubber Footwear

· Plastic Footwear

Industrial Protective Footwear Application Outlook (Revenue, USD Million, 2012 - 2024)

· Construction

· Manufacturing

· Mining

· Oil and gas

· Chemicals

· Food

· Pharmaceuticals

· Transportation

Industrial Protective Footwear Regional Outlook (Revenue, USD Million, 2012 - 2024)

· North America

· Europe

· Asia Pacific

· RoW

Access press release by Grand View Research:
https://www.grandviewresearch.com/press-release/global-industrial-protective-footwear-market

About Grand View Research

For more information: http://www.grandviewresearch.com

Powered Air Purifying Respirator Market expected to reach USD 2.38 billion by 2024 : Grand View Research, Inc.

The global poweredair 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.

Full research report on powered air purifying respirator marke analysis: http://www.grandviewresearch.com/industry-analysis/powered-air-purifying-respirator-papr-market

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.

View more reports of this category by Grand View Research at: https://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

Access press release by Grand View Research:
https://www.grandviewresearch.com/press-release/global-powered-air-purifying-respirator-papr-market

About Grand View Research

For more information: http://www.grandviewresearch.com