Market Research News

Thursday 19 July 2018

Wood Based Panel Market Likely to Reach a Valuation of around USD 174.55 Billion by 2025: Grand view Research, Inc.

The global wood based panel market size is expected to reach USD 174.55 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.7% CAGR during the forecast period. High demand as an insulating material for wall cladding, ceiling, roofing, and flooring applications is expected to boost market growth over the coming years.

The global industry is dynamic and highly competitive in nature. Investments, divestments, and regional expansions are key strategies adopted by players to strengthen their presence in the market. On the down side, increasing raw material prices and lack of technological innovation are expected to be a key concern for industry players.

Innovations in the traditional woodworking industry to produce more sustainable products, such as MDF, particleboard, OSB, and HDF, which can be employed in specific application areas, are expected to boost market growth over the forecast period. Companies are investing in R&D activities to come up with environment-friendly manufacturing wood based panels.

Growing population, uncertain monsoons, and rapid industrialization across the globe are major factors that have resulted in deforestation, which, in turn, has led to low availability of raw materials. Increasing raw material prices and high competition among industry players are expected to shrink profit margins of industry players over the forecast period.

Stringent regulations imposed on manufacturing of wood based panels are expected to be a key threat to market players. Moreover, high initial investments and operational costs associated with the machinery are expected to trigger entry barriers, thereby lowering the threat of new entrants over the forecast period.

Full Research Report On wood based panel market Analysis:
https://www.grandviewresearch.com/industry-analysis/wood-based-panel-market

Further key findings from the report suggest:

· The MDF product segmentis expected to register a CAGR of 8.9% over the projected period, on account of its preference in construction and decoration applications. This can be attributed to its consistent particle size, shape, and strength

· Particleboard is anticipated to be the fastest growing product segment on account of its rising demand in the construction sector for underlayment and roofing. This is due to its sturdy and rigid properties

· Enhanced properties such as high strength, moisture resistance, chemical resistance, fire resistance, and durability offered by plywood can be credited to its high market value of USD 37.24 billion in 2016

· Furniture dominated the market by application in 2016, accounting for a 47.5% share. Wood based panels find high demand for manufacturing lightweight, well-finished, and durable decorative products

· Asia Pacific held the largest market share of 58.4% in 2016 and is expected to dominate the industry over the forecast period on account of high investments in the construction sector in the region

· Key participants including Canfor, ante-Group, Georgia-Pacific, Idaho Forest Group, LLC, and Kronospan Limited are investing in R&D activities to come up with sustainable wood based panels to gain a competitive edge over their competitors.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/green-building-materials

Grand View Research has segmented the global wood based panel market on the basis of product, application, and region:

Wood Based Panel Product Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2014 - 2025)

· MDF

o Standard MDF

o Thin MDF

· HDF

· Particleboard

· OSB

· Softboard

· Hardboard

· Plywood

Wood Based Panel Application Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2014 - 2025)

· Furniture

· Construction

o Windows & doors

o Flooring & decking

o Siding

o Others

· Packaging

Wood Based Panel Regional Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2014 - 2025)

· North America

o U.S.

· Europe

o Germany

o France

o U.K.

o Belgium

o The Netherlands

o Spain

o Portugal

· Asia Pacific

o China

o India

· Central & South America

o Brazil

· The Middle East & Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-wood-based-panel-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

Wednesday 18 July 2018

Lead Acid Battery Market Likely to Reach a Valuation of around USD 84.46 billion by 2025: Grand view Research, Inc.

U.S. lead acid battery market, by product, 2014 - 2025 (USD Million)

The global Lead Acid Battery Market was estimated at USD 46.6 billion in 2015 and as per a research study by Grand View Research, Inc.; the market is anticipated to reach a valuation of USD 84.46 billion by 2025. This growth is attributed to the increased use of lead acid batteries in UPS and vehicles. Developments in the production processes are also expected to augment the demand over the coming years. In addition, growing automobile industry in various regions including India, Brazil, Indonesia, Germany, Mexico, is also projected to propel the market over the forecast period (from 2016 to 2025).

Increasing demand for UPS in a variety of sectors like oil and gas, manufacturing, and healthcare along with a major scope in energy storage applications may spur the market in near future. A rise in the demand for lead acid batteries in the generation of off-grid renewable energy is also likely to stimulate the overall market growth during the forecast years. Furthermore, high preference for pollution-free electric vehicles (EVs) along with rapid technological advancements is predicted to spur the product demand.

Full Research Report On Lead Acid Battery Market Analysis: https://www.grandviewresearch.com/industry-analysis/lead-acid-battery-market

The global lead acid battery market is categorized as per product, construction method, application or end user, and region. On the basis of product, the market is categorized as stationary, motive, and SLI. On the basis of construction method, the market is segmented as flooded and VRLA. Flooded batteries were the largest consumed batteries in 2015. On the basis of applications, the market is segregated as transport vehicles, telecom, automotive, electric bikes, UPS, and others. On the basis of geographies, the market is divided into Europe, North America, Asia Pacific, Middle East and Africa, and Central and South America.

Asia Pacific led the global market in 2015 accounting for 43.6% of the overall share. The region is projected to be the highest revenue generating market during the forecast years reaching at USD 39.42 billion by 2025. Growing construction sector in the emerging region such as China, India, and Japan is expected to boost the regional market over the forecast period. In addition, favorable regulations by various government bodies for generating foreign direct investments (FDIs) and private-public partnerships are also projected to boost the region’s expansion over the next nine years.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/power-generation-and-storage

The Europe region occupied 24.7%[RJ1] of the total market share and is estimated to witness substantial growth in the coming years. This is mainly due to the rising number of onshore and offshore renewable energy installations in Italy, Germany, United Kingdom, and Sweden. In addition, factors such as increasing population, high disposable income of consumers, and presence of top automobile manufacturing companies such as Mercedes-Benz and Audi are set to boost the demand for passenger vehicles in the region. This factor is also anticipated to contribute toward the growth of this region over the next few years.

Major companies operating in the worldwide lead acid battery market are Zhejiang Narada Power Source Co., Ltd.; Leoch International Technology Ltd.; Crown Battery Manufacturing Co.; East Penn Manufacturing Co.; and Johnson Controls International PLC. Johnson Controls was among the topmost companies in 2015 and accounted for 25% of the overall market share. These players focus on product innovations to gain the maximum market share and number of customers.

For example, Log 9 Materials, founded by an IIT graduate, has come up with a technological innovation that can increase the capacity of lead acid batteries. The company uses graphene, a single, thin layer of atoms placed together, to enhance the longevity of the batteries used in UPS, solar energy storage systems, and vehicles. According to the founder of the company, they have achieved a 30% improvement in the amount of charge a lead acid battery can store. So, initially if the storage capacity of a battery was for five hours, it can now be extended up to 6.5 to 7 hours.

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

About Grand View Research

[RJ1]Space between number and % is not needed.

Isostearic Acid Market Likely to Reach a Valuation of around USD 447.9 million by 2020: Grand view Research, Inc.

Global isostearic acid market volume by application, 2012 - 2020 (Kilo Tons)

According to the findings of a report published by Grand View Research, Inc.; the global IsostearicAcid Market is predicted to reach at USD 447.9 million by 2020. Isostearic acid is a liquid fatty acid, which is produced by the reaction of a natural mineral catalyst with oleic acid. This acid has high odor, thermal, and oxidation stability and thus finds many uses in a wide range of applications such as textiles, chemical esters, packaging, personal care, and many others. It also possesses excellent ultraviolet (UV) resistant properties and thus is useful in various types of cosmetic products such as sunscreens, lip gloss, lipsticks, and several other personal care products including shower and bath gels, toilet soaps, and so on. Rapidly expanding end-user industries is expected to be the key factor driving the global market over the forecast years (from 2014 to 2020).

A rise in demand for various personal care products, especially in the Latin America and Asia Pacific regions, is predicted to contribute toward the growth of the global market over the forecast period. Moreover, high demand for this acid due to rapidly expanding food and chemical sectors across the globe is also estimated to augment the overall market expansion. In addition, demand for the products based on bio-ingredients has increased drastically as a result of the rising health concerns and awareness among consumers about the hazardous nature of the petrochemicals-based products. This factor is also anticipated to boost the global market for isostearic acid over the next few years.

Full Research Report On Isostearic Acid Market Analysis: https://www.grandviewresearch.com/industry-analysis/isostearic-acid-market

On the other hand, high costs associated with isostearic acid, on account of its limited supply, is likely to have a negative impact on the market development. However, increased expenditure for research and development (R&D) to expand the production capacity of the plants producing isostearic acid and to commercialize the new manufacturing plants is anticipated to provide potential growth opportunities for the market players. Thus, opening up new manufacturing facilities may also aid the manufacturers in reducing prices of this acid in near future.

The global isostearic acid market is categorized as per application and region. On the basis of application, the market is categorized as personal care, chemical esters, lubricants and greases, and others. On the basis of geographies, the market segments include Asia Pacific, Europe, North America, and Rest of the World (RoW). The Europe regional market dominated the global market in 2013. Rising demand for cosmetics from various economies in the region such as United Kingdom, Italy, France, and Germany is predicted to remain the major factors driving expansion of the regional market. In addition, swift growth in the personal care industry in East European nations such as Russia, Poland, and Ukraine is also predicted to boost the overall regional growth over the next few years.

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

Furthermore, strict rules and regulations by various government bodies in this region to reduce the dependency on the products based on petrochemical are also projected to augment expansion of the regional market over the coming years. The presence of isostearic acid manufacturing plants of major companies in various European countries is also likely to contribute toward the development of the regional market. The APAC region is also predicted to experience a higher growth rates over the forecast period as a result of rising consumer disposable income along with the demand for high-quality, branded personal care products in the region.

Some of the major companies operating in the global isostearic acid market include Arizona chemicals; Croda International PLC; Jarchem Industries, Inc.; Emery Oleochemicals Sdn Bhd; and Nissan Chemical Industries, Ltd. Global expansion, mergers and acquisitions, and new product development are some of the key market strategies followed by most of these players to gain maximum market share. For example, BASF SE has claimed an invention directed to the preparation of esters by reacting the mixture of acids containing 70 weight-% of poly-branched or mono-branched, saturated C16-22 fatty acids with Guerbet alcohols and the use of the esters derived from Guerbet alcohols to enhance the seal compatibility of lubricants.

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

About Grand View Research

Air Compressor Market Likely to Reach a Valuation of around USD 37.18 Billion by 2022: Grand view Research, Inc.

China air compressor market by technology, 2012 - 2022 (USD Million)

The global Air Compressor Market is expected to reach USD 37.18 billion by 2022, according to a new report by Grand View Research, Inc. Increasing industrialization and growing awareness on energy saving has led to advancements in compressor technology. Advent of energy efficient air compressors, facilitating the gas transfer process for various non-industrial and industrial activities is projected to drive growth over the forecast period. This advancement in technology would limit the noise generation and air contamination, thereby leading to higher adoption in construction activities in developing markets over the forecast period.

Growing replacement demand is anticipated to be a substantial driver for the rotary equipment industry, as aged equipment undergoes part replacements, retrofits, overhaul or complete substitution with improved technology.

Rising demand in non-oil and gas-based projects such as metal & mining, infrastructure, desalination, power and petrochemicals is expected to drive the overall air compressor market. Regulations and requirements related to carbon dioxide emissions from products and industrial processes are expected to increase gradually. Additionally, increasing home appliances demand in emerging regions is projected to drive the air compressor industry over the next seven years.

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

Further key findings from the study suggest:

· The air compressor market primarily includes stationary and portable products. The convenience in handling portable air compressors has increased its adoption in low-duty applications. They also require low maintenance as they have few wearing parts. Stationary products accounted for over 55% of the overall revenue share in 2014.

· Based on technology or principle of operation, the market is categorized into centrifugal, rotary and reciprocating compressors. Rotary/screw segment accounted for over 45% of the global market in 2014. High operational cost of these products is expected to dampen sales over the forecast period. Escalating demand for energy has broadened the prospects for the centrifugal segment. Commercial requirements focused on the environment, need for decreased cost of ownership and effective energy use is expected to boost sales volume.

· The oil-free segment accounted for over 30% of the overall industry in 2014. Growing food & beverage industry in North America has boosted demand for this equipment. This growth is attributable to growing need for high-quality compressed air in processes such as packing and dehydration.

· Asia Pacific is expected to witness substantial growth over the forecast period. Rising demand for gasoline, diesel and other fuels has led to the establishment and development of oil refineries and petrochemical plants in Brazil.

· Notable companies operating in the air compressor market include Bauer Group, Chicago Pneumatic, Atlas Copco, GE Energy, and BelAire. Vendors are placing emphasis on energy efficient environment and aiming to sustain profits by offering high-capacity products to various process industries.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the air compressor market on the basis of product, technology, lubrication method, application, and region:

Air Compressor Product Outlook (Revenue, USD Million, 2012 - 2022)

· Stationary

· Portable

Air Compressor Technology Outlook (Volume, Million Units & Revenue, USD Million; 2012 - 2022)

· Reciprocating

· Rotary

· Centrifugal

Air Compressor Lubrication Outlook (Revenue, USD Million, 2012 - 2022)

· Oil filled

· Oil free

Air Compressor Application Outlook (Revenue, USD Million, 2012 - 2022)

· Semiconductors & Electronics

· Food & Beverage

· Healthcare

· Home Appliances

· Energy

· Oil & Gas

· Manufacturing

· Others

Air Compressor Regional Outlook (Revenue, USD Million, 2012 - 2022)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o China

o India

o Japan

· Latin America

o Brazil

o Mexico

· MEA

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

About Grand View Research

Radiology Information System Market Likely to Reach a Valuation of around USD 980.2 Million by 2024: Grand view Research, Inc.

The global Radiology Information System Market is expected to reach USD 980.2 million by 2024, according to a new report by Grand View Research, Inc. Rising demand for information technology solutions to streamline workflow in radiology units is contributing to the growth of RIS market. RIS allows radiologists and medical imaging professionals to keep a track of patient history and digital data generated during diagnosis and treatment procedures.

Computerized medical imaging provides interactive documents that are secured and convenient. These documents can be accessed across various healthcare departments. RIS provides a communication link between primary physicians and imaging departments for better care coordination, which can be beneficial for timely diagnosis or treatments to the patients.

The healthcare providers using certified RIS software are eligible to receive financial incentives. The care providers need to demonstrate stage 2 meaningful use of RIS software. Eligible professionals receive upwards of USD 63,750 from Medicaid and upwards of USD 44,000 from Medicare. This government initiative is a major contributor to the increased adoption of RIS software by the radiologists and medical imaging professionals.

Full Research Report On radiology information system market Analysis:
https://www.grandviewresearch.com/industry-analysis/radiology-information-system-ris-market

Further Key Findings From The Report Suggest:

· The rapid growth in chronic diseases along with rising geriatric population base is accountable for RIS market growth.

· The available types of radiology information solutions include integrated and standalone systems. Of these, the integrated RIS accounted for majority of the segment share in the year 2015.

· Integrated RIS offers data analysis with the help of picture archiving and communication system (PACS) for development of IT service models

· The RIS deployment modes include web-based systems, cloud-based systems, and on premise systems. Of these, web-based systems held majority of the market share in 2015, due to offered workflow enhancement features such as scheduling, document imaging, automated insurance eligibility functions and billing.

· Hospitals, emergency healthcare service providers, and physicians comprise of RIS end-users. Hospitals majorly prefer radiology solutions for patient scheduling, appointments, and for tracking patient history and records.

· North America dominated the market in 2015 in terms of revenue share pertaining to the technological advancements and presence of major market players in the region.

· The American College of Radiology has collaborated with GE Healthcare to bring the first leading boot camp training for breast cancer in Saudi Arabia and the Middle East to enter and expand in the region.

· GE Healthcare, Siemens AG, Cerner Corporation, Allscripts Healthcare Solutions, Inc., Epic Systems, McKesson Corporation, Philips Healthcare, Merge Healthcare, Inc., and MedInformatix, Inc. are some of the key players operating in this 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 radiology information system market based on product, deployment mode, end-use, and region:

Product Outlook (Revenue, USD Million; 2014 - 2024)

· Integrated

· Standalone

Deployment Mode Outlook (Revenue, USD Million; 2014 - 2024)

· Cloud-based

· Web-based

· On-premise

End-Use Outlook (Revenue, USD Million; 2014 - 2024)

· Hospitals

· Outpatient Department (OPD) Clinics

· Others

Regional Outlook (Revenue, USD Million; 2014 - 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

· Middle East & Africa

o SouthAfrica

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-radiology-information-system-ris-market

About Grand View Research