Market Research News

Wednesday 4 July 2018

Flat Steel Market Is Projected To Reach USD 1,015.7 Billion By 2025 : Grand View Research, Inc.

The global flat steel market is expected to reach USD 1,015.7 billion by 2025, growing at a CAGR of 3.6%, according to a new report by Grand View Research, Inc. The rapid industrialization, increase in infrastructural investment and growing global population has been a major factor driving the global market.

Building & infrastructure application segment has been witnessing significant growth in the flat steel market. Steel is one of the vital requirements during construction on account of durability, low maintenance, long life period, high strength, and reusability. This is likely to have a positive impact on the demand for the flat products in this sector.

Volatile price of raw material is expected to be the major market restraint over the forecast period. Instability of raw material prices is anticipated to keep the whole sector under pressure in future.

Companies have been trying to improve competitiveness by optimizing existing processes and developing new processes to reduce environmental impact, improve quality, and reduce cost. Companies including ArcelorMittal have been trying to develop products which can provide steel solution to engine powertrains and low-cost cars.

Full Research Report On flat steel market Analysis: http://www.grandviewresearch.com/industry-analysis/flat-steel-market

Further key findings from the report suggest:

· Plates segment is expected to grow at fastest CAGR of 4.0% from 2017 to 2025, in terms of revenue, due to its wide range of application in construction industry

· Building & infrastructure segment emerged as the largest application in 2016 and is expected to grow at fastest CAGR of 4.1% from 2017 to 2025 on account of high demand for sustainability, durability, and economically efficient materials.

· Mechanical equipment segment is expected to grow at fastest CAGR of 3.6% from 2017 to 2025 in terms of revenue in North America region on account of growing agricultural and construction machinery sector.

· Europe accounted for the market share of 18.56% in 2016 and is expected to grow at a CAGR of 3.0% from 2017 to 2025 in terms of revenue due to massive production in the economies of this region. Germany is the world’s fifth largest exporter in 2016, exported 24.8 million metric tons in more than 200 countries.

· The Asia Pacific market is expected to witness fastest CAGR from 2017 to 2025 on account of high GDP growth, rising population, and rapid industrialization & urbanization in the region

· Market players have been adopting mergers & acquisition, expansion, and agreement & partnership as their key strategic initiatives over the past years. For instance, in February 2017, ArcelorMittal entered into a joint venture with Cellino to form Steel Came. The company held a share of 35.0% in the new venture.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the global flat steel market on the basis of product, material, application, and region:

Flat Steel Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

· Sheet & strips

· Plates

Flat Steel Material Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

· Carbon steel

· Alloy steel

· Stainless steel

· Tool steel

Flat Steel Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

· Building & infrastructure

· Automotive & other transport

· Mechanical equipment

· Others

Flat Steel Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 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-flat-steel-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

Patient Engagement Solutions Market Size Is Projected To Reach A Valuation Of USD 39.3 Billion By 2024: Grand View Research, Inc.

The global patient engagement solutions market is expected to reach USD 39.3 billion by 2024, according to a new report by Grand View Research, Inc. The supportive government initiatives and the rising usage and awareness of mobile healthcare services are expected to impel the market growth.

The rising prevalence of chronic conditions is the preliminary factor that is expected to advance the market growth. The mortality rate of diabetic patients was over 1.0 million in 2012, as stated by the WHO. This hike in the death rate of diabetic patients reflects the lack of knowledge about the causes, symptoms, and the preventive measures of the disease. The present patient engagement systems aid in furnishing patients with educative information; thus, empowering them to make better healthcare decisions.

The patient engagement solutions cater to the hospitals in providing financial solutions for effective utilization of the allocated healthcare budget. Furthermore, the market players are actively volunteering in obtaining patient feedback regarding the existent solutions to develop better patient engagement plat forms with enhanced quality.

Moreover, the favorable government initiatives and the funding efforts undertaken to promote the incorporation of patient engagement solutions in the healthcare sector help in boosting the market growth. For instance, in the U.S., under the Health Information Technology for Economic and Clinical Health (HITECH) act, the government spends around USD 20 billion annually on hospitals for the installation of Electronic Health Records (EHRs), which is expected to help in improving the workflow and the quality of treatment delivery.

Full Research Report On patient engagement solutions market Analysis :
http://www.grandviewresearch.com/industry-analysis/patient-engagement-solutions-market

Further key findings from the study suggest:

· The web-based delivery segment is expected to be the largest delivery mode growing at a lucrative CAGR over the forecast period.

· North America is expected to dominate over the forecast period with a revenue share of over 40.0% in 2024. Favourable government initiatives, such as the Affordable Care Act (ACA) initiated by President Obama and the Health Information Technology for Economic and Clinical Health (HITECH) act, are anticipated to drive the market growth.

· Asia Pacific is anticipated to emerge as the fastest growing region with a CAGR of over 20.0% over the forecast period. The increasing investments in the healthcare sector, rising awareness with regard to the varying types of patient engagement portals, and the escalating geriatric population base are estimated to catapult the demand.

· Some key players of the market include Allscripts Healthcare Solutions, Inc., Cerner Corporation, Phytel, Inc., Athenahealth, Inc., McKesson Corporation, and MEDecision, Inc.

· In order to curtail the competition, the key industry players are actively involved in the development of new solutions that facilitate the workflow of the existing platforms. For instance, Allscripts Healthcare Solutions, Inc. provides revenue cycle management solutions, which help in maintaining the financial health of the medical systems.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the patient engagement solutions market on the basis of the type of delivery, component, end-use, application, therapeutic area, and region.

Global Patient Engagement Solutions Market, Type of Delivery Outlook (Revenue, USD Million, 2013 - 2024)

· On-premise

· Cloud-based

· Web-based

Global Patient Engagement Solutions Market, Component Outlook (Revenue, USD Million, 2013 - 2024)

· Software

o Standalone

o Integrated

· Hardware

· Services

o Consulting Services

o Implementation Services

o Education Services

o Other Services

Global Patient Engagement Solutions Market, End-use Outlook (Revenue, USD Million, 2013 - 2024)

· Payers

· Providers

· Individual Users

Global Patient Engagement Solutions Market, Application Outlook (Revenue, USD Million, 2013 - 2024)

· Health Management

· Financial Health Management

· Social Management

· Home Healthcare Management

Global Patient Engagement Solutions Market, Therapeutic Area Outlook (Revenue, USD Million, 2013 - 2024)

· Chronic Diseases

o Obesity

o Diabetes

o Cardiovascular Diseases

· Women’s Health

· Mental Health

· Fitness

· Others

Patient Engagement Solutions Market Regional Outlook (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: https://www.grandviewresearch.com/press-release/global-patient-engagement-solutions-market

Personal protective equipment market is expected to reach USD 68.69 billion by 2024 : Grand View Research, Inc.

According to a report by Grand View Research Inc., the global personal protective equipment market reported a valuation of USD 38.38 billion in 2015. Safety is integral to any business. Personal protective equipment (PPE) ensure minimum exposure to occupational health hazards. They are available in different forms, including pads, gloves, masks, and shields.

Stringent regulations pertaining to occupational health and safety are likely to help the market gain tremendous impetus. Mandated policies by organizations such as the Occupational Safety and Health Administration (OSHA) and National Institute for Occupational Safety and Health (NIOSH) have been compelling employers to look after employee safety in industries. In addition, these regulations ensure that PPE is assessed properly to make it fit for use along with proper maintenance.

Full Research Report On Personal Protective Equipment Market Analysis : https://www.grandviewresearch.com/industry-analysis/personal-protective-equipment-ppe-market

Rising awareness regarding safety and security of employees at workplace is expected to create a staggering demand for personal protective equipment. Mounting cases of workplace fatalities is prompting employers to pay attention to employee health and safety. By prioritizing workers’ safety and establishing safety guidelines, they are able to save large operational costs in the form of compensation and arbitrated settlements. Apart from this, the market is also driven by rapid expansion in the manufacturing and construction industries and increasing research and development establishments in developing economies.

Introduction of smart and wearable PPE products is transforming the workplace to a connected domain, which in turn is improving worker safety and productivity. For instance, in April 2017, Tata Group developed a safety wearable watch for workers at Tata Steel. Tata Elxsi, Titan, and Tata Consultancy Services came together for ‘design thinking’. The smartwatch has an analog face and can track temperature, movements, heartbeats, ambient gases, and fall detection. Technological innovations, along with changing consumer need for protective equipment, are estimated to augment the market.

On the other hand, increasing penetration of automation in end-use industries can hamper growth prospects. Automation reduces the need for physical presence of workers. Furthermore, high price of personal protective clothing is poised to inhibit market growth. Unavailability of safety data from industries, especially in developing economies, can adversely affect the growth of the market. However, growing popularity of e-commerce can boost the sales of personal protective equipment in coming years.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/smart-textiles

The global personal protective equipment market has been segmented on the basis of product, end-use industry, and region. Based on product, the market has been divided into head, eye, and face protection, protective clothing, hearing protection, protective footwear, respiratory protection, hand protection, fall protection, and others. By end-use industry, the market has been classified into manufacturing, construction, chemicals, oil and gas, transportation, food and beverage, mining, and healthcare and pharmaceuticals.

In terms of geography, the market has been fragmented into Europe, North America, Asia Pacific, Central and South America, Africa, and Middle East. Europe will be at the forefront of growth throughout the forecast period (2014–2024). Rising cases of occupational fatalities are one of the primary growth stimulants of the region. Soaring need for high utility protective gears and durable mechanical wear resistance is anticipated to trigger the growth of the market. On the flip side, the growth of the market in Europe can slow down due to increasing implementation of automation in industries.

North America will also account for a substantial share in the market, owing to stringent norms pertaining to occupational health and safety. Asia Pacific is projected to be the fastest growing region during the same period. Spiraling demand for personal protective equipment in the construction and manufacturing industries, especially in emerging economies such as India, China, and Vietnam, will contribute to the growth of the region.

The global personal protective equipment is highly fragmented in nature. Key players in the market are investing in research and development activities to create innovative, application-specific products. Strategic differentiation and competitive pricing of products and services are imperative for market participants to ensure a strong foothold in the global arena. Some of the prominent companies operating in the market are DuPont, Honeywell, 3M, Alpha Pro Tech Ltd., and MSA Safety.

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-personal-protective-equipment-ppe-market

Paintprotection film market is anticipated to reach USD 1.49 billion by 2022 : Grand View Research, Inc.

According to a research study by Grand View Research, Inc., the worldwide paintprotection film market is anticipated to reach USD 1.49 billion by 2022. Paint protection films are generally used on painted vehicle surfaces such as side mirrors, front bumpers, door edges, and hoods. These films protect vehicle paints from bug splatters, stone chip, and minor abrasion. They can also be used for RVs, electronics, and cell phones. Rapid growth in the automotive industry on a global level is expected to boost the demand for paint protection films, thereby augmenting the demand for paint protection films. Rising awareness among consumers regarding vehicle protection is said to be one of the major growth driving factors for the global market.

Growing scope of application in various end-use sectors such as electrical, electronics, aerospace, and defense is also likely to contribute toward the growth of this market. The introduction of advanced technologies such as Internet-connected cars is predicted to have a huge and positive impact on market expansion. Furthermore, rising per capita disposable income in various developing countries such as India and China is helping the global market.

Full Research Report On Paint Protection Film Market Analysis : https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

Initially, luxury car manufacturers were the prime consumers of paint protection films; however, these films are now being used by almost all automobile companies. This is anticipated to augment the growth of the global market over the next few years. These paints are witnessing high demand due to factors such as easy replaceability and saving costs for replaced and repaired parts.

The global paint protection film market is categorized by way of application and region. On the basis of application, the market is segregated into electrical and electronics, aerospace and defense, and automotive. On the basis of region, the market is divided into North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and South and Central America.

Asia Pacific was the dominant regional market for paint protection films in 2014 and accounted for 30 % of the overall volume. Factors driving the region include thriving automobile and electronics and electrical sectors in countries like India. It is also expected to be fastest-growing region during estimated years. Rapid urbanization, development of major cities, and increased employment have generated increased sales of cars and this is expected to propel the region’s growth over the coming years.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/healthcare-it

Rapid economic development in this region has resulted in increased sales of luxury cars. This is also projected to boost market growth through 2022. The ongoing trend of shifting automobile manufacturing bases to countries such as China and India due to low capital investments and cheap labor has also contributed toward regional growth.

Central & South America and MEA regions collectively occupied 15 % of the global volume in the past. These markets are characterized by high economic growth and increased spending in these regions. Rapidly developing automotive industry in countries such as Peru, Uruguay, Brazil, Cuba, and Colombia is predicted to spur regional growth. Rising awareness levels among consumers, along with socio-economic development in nations such as Oman, Qatar, and United Arab Emirates, are likely to be key growth drivers for the MEA region. Increasing aftermarket for the automotive sector in the region is also said to offer a higher scope of penetration to the market.

Some of the prominent companies operating in the global paint protection film market are E. I. du Pont de Nemours and Company; Himark Paint Protective Film Ltd.; Premier Protective Films International; XPEL Technologies Corp.; Argotec, LLC.; The Lubrizol Corp.; and The 3M Company. Novel product development is a popular trend among these players to maintain market position.

For example, Solar Gard, a leading firm in advanced film technologies for sun and paint protection, recently presented the Zero to 60 Designs’ fully personalized Tesla Model S at the SEMA Show 2017. The car model features the manufacturer’s latest automobile product innovation called Clearsheild Pro Hydro—a next-gen paint protection film—in partnership with Solar Gard.

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

Tuesday 3 July 2018

Plastic Compounding Market Is Expected To Reach USD 95 billion by 2025: Grand View Research, Inc.

According to the findings of research report by Grand View Research, Inc.; the global plastic compounding market is anticipated to surpass USD 95 billion by 2025. It is expected to grow at around 7% CAGR during the forecast period (2016 to 2026). Ever increasing demand for plastics in construction, automobile, and electronics applications is anticipated to be the key growth driving factor for the global market. In addition, highly advanced production technologies and additive incorporation methodologies are also projected to drive the market growth over the next few years. Growing preference for lightweight plastics over alloys and metals in various application segments is also estimated to propel the market expansion over the forecast period.

Other factors such as manufacturing process and feedstock availability are also expected to have a positive impact on the market growth over the coming years. On the other hand, strict government regulations forcing manufacturing companies to shift from various chemicals and non-biodegradable materials may pose challenges for the market development. However, the introduction of bio-based plastics is likely to offer lucrative growth opportunities for the market. Furthermore, rapid growth in the construction industry is also likely to contribute toward the market expansion. High demand for and rising awareness about attractive interiors are also boosting the market growth in the interior designing appications.

Full Research Report On Plastic Compounding Market Analysis: https://www.grandviewresearch.com/industry-analysis/plastic-compounding-market

Innovations in technology are also likely to facilitate more effective and faster production. The market is rapidly shifting toward advanced options, such as convective and fluidization blenders, from the traditional batch mixers. This is anticipated further impel market growth in forthcoming years. In addition, advanced mixers and compounding equipment are designed to combine multiple process stages into single equipment including drying, granulation, coating, etc. This factor is also anticipated to bode well for the market in near future.

The global plastic compounding market is categorized based on product type, application or end user, and region. On the basis of product type, the market is further categorized into polypropylene, polyethylene, polyvinyl chloride (PVC), thermoplastic olefins (TPO), thermoplastic vulcanizates (TPV), polyethylene terephthalate (PET), polystyrene, acrylonitrile butadiene styrene (ABS), polyamide, polybutylene terephthalate (PBT), polycarbonate, and others[RJ1] . On the basis of application, the market is segregated into construction, automotive, packaging, industrial machinery, consumer goods, optical media, medical devices, electrical and electronics, and others.

Based on regions, the market is divided into Europe, North America, Asia Pacific (APAC), Middle East and Africa (MEA), and Central and South America. The APAC regional market came up as the biggest consumer for plastic compounds in the past and accounted for almost half of the global market share. Factors such as the advent of several small and medium enterprises (SMEs) and supportive economic scenario have helped significantly in the development of the region in the past. Developing countries in this region, especially China, have been experiencing rapid growth across various end use sectors. This is expected to further contribute to the regional growth.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins

The Europe plastic compounding market is likely to witness sluggish growth over the forecast period. This is mainly accredited to the shift of automobile manufacturing, the dominant sector in the region, toward eastern European countries, such as Romania, Czech Republic, and Slovakia.

The North America market is characterized by high consumer awareness, technologically advanced production processes, and a wide range of end users. It is one of the prominent regional markets with the US being the largest consumer. Rapidly growing rebounding automotive and construction sectors in the US is the primary market driver.

Major companies operating in the global plastic compounding market are LyondellBasell Industries N.V.; E. I. du Pont de Nemours and Company; PolyOne Corp.; Saudi Basic Industries Corp. (SABIC); China XD Plastics Company Ltd.; and Mitsubishi Chemical Corp. Mergers and acquisitions and global business expansion are the major strategies adopted by most market players to strengthen their market hold.

For example, DowDuPont Transportation & Advanced Polymers recently announced the expansion of production capacity at their Mechelen, Belgium site to fulfill the high demand for DuPont Zytel HT. Th is high performance polyamide resin is mainly used in automotive and consumer and electronics industries.

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-plastic-compounding-market

[RJ1]Always expand the acronyms. You can use common acronyms like R& D, M&A, etc.