Thursday 27 September 2018

Nitrile Butadiene Rubber (NBR) Market | Industry Growth, Trends and Forecast Up to 2025 | Key Industry Players Lanxess AG, Kumho Petrochemical Co.



The global nitrile Butadiene Rubber (NBR) market is expected to reach USD 2.59 billion by 2025, growing at a CAGR of 3.3%, according to a new report by Grand View Research, Inc. Asia Pacific is expected to provide ample scope for the industry growth of NBR by the end of 2025. China, India, and Southeast Asian countries are likely to reflect a strong growth scenario in the future.
NBR is one of the versatile synthetic rubbers that is highly consumed in high end applications, which require the product to be highly sustainable to varying operational and climatic conditions. This makes the product suitable for use in a wide array of industries.
NBR demand in China and India is expected to be driven by significant industrial developments of key end-use sectors in the region including automotive & transportation, metallurgy & mining, oil & gas, equipment & machinery, and medical sectors. These recent developments have propelled the requirements of mechanical goods such as cables, belts, gaskets, and seals.
Rise in the consumer disposable income and purchasing power in ASEAN countries including Indonesia and Thailand, has led to a rapid growth of the automotive industry as well as a strong increase in aftermarket activities. Moreover, increase in the healthcare expenditure in these countries is another key factor that is expected to boost the consumption of nitrile gloves by 2025.
Full Research Report On Nitrile Butadiene Rubber (NBR) Market Analysis:

Further key findings from the report suggest:
·         In terms of volume, the seals & O-rings segment is expected to rise at a CAGR of 2.9% from 2017 to 2025. This category is expected to generate a market revenue of nearly US$ 491.3 million by the end of the forecast period.
·         Consumption of nitrile gloves is estimated to increase at the fastest growth rate over the years ahead, as a consequence of significant product utilization in the healthcare & hygiene sector
·         Wide production expanse particularly in China and India is likely to drive the NBR consumption in mechanical engineering applications including vibration dampening materials, impact machinery, pumps, hydraulic equipment, and compressors
·         Europe accounted for the second-largest revenue share of over 20.0% of the global market in 2016. CIS countries mainly Russia, are likely to witness fast paced industry growth owing to significant use of hoses, and seals & O-rings in the oil & gas sector.
·         Companies are aiming to strengthen their positions in the global industry through acquisition, technology licensing, and collaborations
·         In June 2014, Sinopec Corp jointly ventured with SIBUR, a Russian petrochemicals and gas processing company for the construction of a nitrile rubber plant with an annual production capacity of 50 kilo tons at the Shanghai Chemical Industry Park, Shanghai

Grand View Research has segmented the global nitrile butadiene rubber (NBR) market on the basis of product, application, and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Hoses
·         Belts
·         Cables
·         Molded & Extruded Products
·         Seals & O-rings
·         Rubber Compounds
·         Adhesives & Sealants
·         Gloves
·         Foamed Products
·         Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Automotive
·         Mechanical Engineering
·         Oil & Gas
·         Metallurgy & Mining
·         Construction
·         Medical
·         Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
o    CIS
·         Asia Pacific
o    China
o    India
·         Central & 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: www.grandviewresearch.com


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Oncology Based In-Vivo CRO Market To Surpass 1.5 Billion By 2025 | Key Industry Players Charles River Laboratory, ICON Plc.

U.S. oncology based in-vivo CRO market, by indication, 2014 - 2025 (USD Million)


 The global oncologybased in-vivo CRO market is expected to reach USD 1.5 billion by 2025, according to a new report by Grand View Research, Inc. The use of Contract Research Organization (CRO) oncology services helps the manufacturers/sponsors to provide complete attention on the production capacity and at enhancing their in-house processes.
Furthermore, the pressure from the increasing competition due to patent expirations, rapid growth of generics, and introduction of biosimilar equivalents are propelling the pharmaceutical companies to take the aid of such organizations. Hence, it can be predicted that the oncology based in-vivo CRO market may witness lucrative growth over the forecast period.
Another factor propelling growth is the increasing incidence of cancer, and high failure rate of existing treatment options. According to statistics published by the World Health Organization (WHO), approximately 8.2 million deaths are recorded each year from cancer, which accounts for 13.0% deaths worldwide.
Full Research Report On Oncology Based In-Vivo CRO Market Analysis:

Further key findings from the study suggest:
·         Based on indication, solid tumors are expected to dominate the market as of 2016. Furthermore, it is anticipated to grow at the fastest CAGR owing to the factors such as growing incidence rate, augmenting research for tumors in organs such as breast, and liver, and technological advancement offered by key industry players.
·         Solid tumors are analyzed by means of models such as xenograft, Patient Derived Xenografts (PDX), and syngeneic. The PDX models are expected to witness lucrative growth over the forecast period and capture over 40.0% of the market share by 2025.
·         Geographic expansion into Asia Pacific countries by well-established players is anticipated to promote the fastest growth for the region. India is one the most lucrative country owing to presence of service tax exemption and venture capital based funding for CROs.
·         Few of the industry players for the oncology based in-vivo CRO market are The Jackson Laboratory, Covance, Taconic Biosciences, Charles River Laboratory, EVOTEC, Wuxi AppTec, and ICON Plc.
·         A common trend observed is the rising partnerships among CROs to offer bundle packages of services to sponsors. For instance, In May 2017, CRL International, Inc. announced their partnership with OcellO, established in Netherlands. According to this partnership, CRL would be utilizing the latter’s PDX model capabilities in order to expand their oncology based drug discovery service portfolio.
Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the global oncology based in-vivo CRO market on the basis of indication, and region:
Global Oncology Product Outlook (Revenue, USD Million, 2014 - 2025)
·         Blood cancer
·         Solid tumors
o    Syngeneic model
o    Patient Derived Xenograft (PDX)
o    Xenograft
·         Others
Oncology in-vivo CRO Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
·         Asia Pacific
o    Japan
o    China
·         Latin America
o    Brazil
o    Argentina
·         Middle East and Africa (MEA)
o    South Africa
o    Saudi Arabia
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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Bio-Succinic Acid Market To Surpass 992.9 Million By 2020 | Key Industry Players Succinity, BioAmber, and Reverdia

Europe bio-succinic acid market revenue by application, 2012-2020, (USD Million)

The global Bio-Succinic Acid Market is expected to reach USD 992.9 million by 2020, growing at a CAGR of 23.3% from 2014 to 2020. The recognition of succinic acid, as a potential platform chemical by the U.S. Department of Energy, has resulted in significant opportunities in replacement applications, particularly in maleic anhydride and adipic acid, for bulk volume industrial applications such as bioplastics, polyurethanes and engineering plastics.
BDO was the largest application market for bio-succinic acid, with estimated volume of 19,877.5 tons in 2013, expected to grow at an estimated CAGR of 38.3% from 2014 to 2020. Cost-effective bio-succinic acid would result in the substitution of maleic anhydride for the manufacturing of BDO and downstream derivatives such as GBL and PBT, which are extensively used in the engineering plastics industry. Polybutylene succinate (PBS) is expected to be the fastest growing application, at an estimated CAGR of 38.9% from 2014 to 2020, on account of increasing bioplastics demand, particularly in Europe and North America.

Full Research Report On Bio-Succinic Acid Market Analysis:
www.grandviewresearch.com/industry-analysis/bio-succinic-acid-market

Further key findings from the study suggest:
• The global demand for bio-succinic acid was 51,000 tons in 2013 and is expected to increase to 593,400 tons by 2020, growing at a CAGR of 32.2% from 2014 to 2020.
• Polyester Polyols was the second largest application market for bio-succinic acid, and accounted for 10.67% of global demand in 2013. The use of polyester polyols in the manufacturing of polyurethanes coupled with the growing demand for polyurethanes for downstream application industry is expected to be a major driver for bio-succinic acid market.
• Bio-succinic acid can be used as a replacement to various phthalate-based plasticizers, which is expected to unlock significant potential over the forecast period. The European Union has banned the use of certain phthalate plasticizers in production of PVC, spurring a race for the development of alternates to phthalate plasticizers. The plasticizers market is the largest addressable market for bio-succinic acid, being a potential replacement to phthalic anhydride and adipic acid in plasticizer manufacturing.
• Europe was the largest market for bio-succinic acid in 2013, accounting for 49% of the global consumption. The region has witnessed increased preference towards the use of bio-based materials which is expected to be a key driver for the growth of bio-succinic acid market.
• Asia Pacific is expected to be the fastest growing regional market, at an estimated CAGR of 33.9% from 2014 to 2020. The growing application industry in countries such as India and China is expected to be the key consumer of bio-succinic acid over the next six years. In addition, the high cost of petroleum based products is a major factor contributing to development of bio-based products in the region.
• The market was highly consolidated in 2013 with only four companies manufacturing bio-succinic acid on a commercial scale. BioAmber, Reverdia, Myriant and Succinity were commercial manufacturers of bio-succinic acid in 2013 with Succinity being the largest in terms of installed capacity.

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

Grand View Research has segmented the global bio-succinic acid market on the basis of application and region:
Bio Succinic Acid Market Application Outlook
• BDO
• Polyester Polyols
• PBS/PBST
• Plasticizers
• Alkyd Resins
• Others
Bio Succinic Acid Market Regional Outlook
• North America
• Europe
• Asia Pacific
• RoW

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/bio-succinic-acid-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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Coagulation Analyzers Market To Surpass 7.9 Billion By 2024 | Key Industry Players Roche Diagnostics

Coagulation Analyzer market by region, 2015 & 2024




The global Coagulation Analyzers/Reagents Market is expected to reach USD 7.9 billion by 2024, according to a new report by Grand View Research, Inc. Rising technological advancements in coagulation analyzers are expected to be the most impact rendering driver for lucrative growth of the market. Automation is the key development that has occurred in recent years.
The most relevant advancement includes combination of different assay procedures in single equipment and various commercially available hemostasis analyzers, which are capable of performing tests such as Prothrombin Time (PT), Activated Partial Thromboplastin Time (APTT), D-Dimer, and Fibrinogen as well as these machines can perform chromogenic and immunologic assays.
Moreover, these systems may have the capacity of holding more samples, providing faster results, and increasing the efficiency of laboratory workflow. The advancements in hemostasis analyzers are as follows:
·         Integration of the system with track line systems and work cells, which may improve the reliability of analysis in terms of single detection system and preanalytical check for interfering substances
·         Failure pattern sensors, which detect insufficient sample levels and clots and cap piercing, which enhances safety and sample integrity
·         Automatic reflex testing, repeat testing, and redilution
Full Research Report On Coagulation Analyzers/Reagents Market Analysis:

Further key findings from the study suggest:
·         Clinical laboratory analyzers held over 70.0% of the market share in 2015 and are predicted to sustain its dominance over the forecast period.
·         Advantages such as use of whole blood as sample, no pre-analytical delay and requirement of lesser reagents, further boost growth of Point of Care analyzers.
·         Reagents held the highest market share in 2015. This dominance may be attributed to increasing usage of hemostasis analyzers coupled with easy availability of reagents.
·         Optical technology based hemostasis analyzers held the largest share in 2015 and is expected to grow at a CAGR of over 6.0% over the forecast period.
·         The market is majorly dominated by the prothrombin test. The APTT test is estimated to account for the second largest share in the market in 2015.
·         Hospitals are expected to witness lucrative growth over the forecast period. This can be attributed to high number of hospitals in developing economies.
·         For instance, Mexico has over 4,500 hospitals and out of these 67.0% hospitals are private and remaining 33.0% hospitals are public hospitals.
Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global Coagulation Analyzers & Reagents market on the basis of product, technology, test type, end-use and region.
Product Outlook (Revenue, USD Million, 2013 - 2024)
·         Analyzers
o    Clinical Laboratory Analyzers
o    Point of Care Analyzers   
·         Consumables
o    Reagents
o    Stains
Technology Outlook (Revenue, USD Million, 2013 - 2024)
·         Mechanical
·         Electrochemical
·         Optical
o    Photo optical/Chromogenic/Immuno
o    Others/Nephelometric
·         Others
Test Type Outlook (Revenue, USD Million, 2013 - 2024)
·         APTT
·         D-Dimer
·         Fibrinogen
·         Prothrombin
·         Others
End-Use Outlook (Revenue, USD Million, 2013 - 2024)
·         Hospitals
·         Research Institutes
·         Diagnostic Centers
·         Others
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
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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