Market Research News

Monday 30 October 2017

Polyphenylene sulfide (PPS) market Anticipated to reach USD 2.14 billion by 2025 : Gran View Research,Inc.

The global polyphenylene sulfide (PPS) market is expected to reach USD 2.14 billion by 2025, growing at a CAGR of 8.8% from 2017 to 2025 according to a report by Grand View Research, Inc. Rising demand for PPS on account of its high resistance to corrosion, temperature, chemical, wear, and radiation will fuel its demand.

The increasing usage of the product for various electronics and electrical applications including fans & blowers, heat exchangers, relays, connectors, switches, circuit breakers, CD/DVD optical pickup components, connectors, HDTV & projection light engine housing, and inkjet cartridges is expected to fuel the demand over the upcoming years.

Industrial applications accounted for 23.6% of overall volume share in 2016 and is expected to witness considerable growth as a result of increasing product usage in machines, oil field equipment, pipes, pumps, valves, and fittings.

Browse full report by Grand View Research :
http://www.grandviewresearch.com/industry-analysis/polyphenylene-sulfide-pps-industry

Further key findings from the report suggest:

· Automotive applications are expected to witness the significant revenue rise at a CAGR of 9.3% from 2017 to 2025 on account of the growing vehicle production in countries including South Korea, China, Mexico, U.S., Germany, Japan, Thailand and Taiwan

· PPS is creating substantial opportunities for manufacturers by acting as a substitute to various metals including carbon steel, aluminum, bronze, stainless steel, brass, titanium and magnesium. The product improves the fuel efficiency by reducing the overall weight of the vehicle.

· Rising product consumption in several aerospace applications including, airframe, fuselage, cabin interiors and empennage is anticipated to drive industry over the next eight years. In addition,the development of the aerospace sector especially in India and China, on account of the increasing government spending is predicted to augment industry expansion.

· The industry is categorized by various activities, including mergers and acquisition, capacity expansion, technological innovation and product innovation, undertaken by the major companies in the market including DIC, Solvay, Toray Industries, Tosoh, Polyplastics Co., Ltd., SK Chemicals, and Kureha Corporation.

· In August 2017, Toray Industries, Inc. announced plans to setup PPS compound production plant in Hungary at the site of Zoltek Companies, Inc. with an annual production capacity of 3,000 tons. The plant is expected to be operational from March 2018. The initiative is expected to strengthen the company’s distribution network in Europe.

· Asia Pacific was the largest market and accounted for 60.6% of the overall volume in 2016. The presence of automobile participants including Honda Automobile, Toyota Motors, Nissan Motors, and General Motors is expected to stimulate industry expansion.

· In October 2016, Celanese introduced five new polymer innovations including Celstran High Flow LFT, Hostaform M25IE POM, Fortron Flexible PPS, Celapex High Flow PEEK, and MetaLX to meet the growing consumer demand.

· Fortron Flexible PPS is a highly durable, and heat resistant polymer used for fasteners, tubes, clips, and cable ties for usage in complex automotive and industrial systems.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the global polyphenylene sulfide (PPS) market on the basis application, and region:

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

· Automotive

· Electrical & electronics

· Industrial

· Coatings

· Others

Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

· North America

o U.S.

· Europe

o Germany

· Asia Pacific

o China

o Japan

· Central & South America

o Brazil

· Middle East & Africa

View press release of this research report by Grand View Research:

http://www.grandviewresearch.com/press-release/Global-Polyphenylene-Sulfide-(PPS)-Industry

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

Halal Food Market expected to reach USD 2.10 trillion by 2025 : Grand View Research,Inc.

Global Halal Food Market is expected to reach USD 2.10 trillion by 2025, according to a new report by Grand View Research, Inc. The global halal food industry is expected to witness significant growth over the forecast period owing to increasing Muslim population and their substantially increasing expenditure on food & non-beverages, which is considered as the main driving force of this market. The total Islamic population is expected to increase from 23% in the present situation to around 30% of the total world population by 2030.

World over initiatives has been seen escalating since the last few years with the advent of few events in Asia Pacific and the Middle East & African region, which are the top two regions contributing to the growth of the global market. A major bilateral initiative to mention would be the cooperation between Abu Dhabi and South Korea, which allowed South Korea to gain further access to the global halal food market.

Governments of the Islamic as well as the non-Islamic nations and the manufacturers of halal-certified food products have been taking various initiatives in terms of marketing & educating consumers about these products. The confidence of consumers in halal brands has been the most influential factor in the actual purchase of these products.

Meat and alternatives were the largest product segment in 2016 with a net market worth of over USD 590 billion globally. Halal meat has always been a remarkable business segment. The formation of Organization of Islamic Cooperation (OIC) has been well placed to take the initiative of setting an international standard for these food items. Owing to the formation of these types of organizational figures the industry participants have been successful to a great extent in building consumer trust and pushing penetration of the product category to even higher levels.

Full Research Report on Global Halal Food Market Analysis:
http://www.grandviewresearch.com/industry-analysis/halal-food-market

Further key findings from the report suggest:

The global halal foods industry was valued at USD 1,245.6 billion in 2016 and is estimated to grow at a CAGR of 6.1% over the next eight years
Milk & milk products such as processed milk, cheese, and yogurt are expected to be one of the another primary product segment driving growth for the global industry
Beverages such as carbonated drinks, packaged juice, and sweeteners with halal certification are expected to witness substantial demand over the forecast period. The segment is estimated to grow at a CAGR of over 4.8% in Turkey.
Asia Pacific was the leading consumer in 2016. Around 63% of the global Muslim population resides in this region, which is the main driving factor in the region. Indonesia and Malaysia together accounted for over 55% of the regional demand in 2016.
Major companies actively operating in the global halal food industry include Nestlé, Glanbia Cheese Ltd, Guenther Bakeries UK Ltd, Kellogg’s
Companies have been trying to strengthen consumer trust with several marketing campaigns trying to be transparent about their production process of packed halal foods

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/food-safety-and-processing

Grand View Research has segmented the Global Halal Food Market on the basis of product and region:

Halal Food Product Outlook (Revenue, USD Billion; 2014 - 2025)

Meat & Alternatives
Milk & Milk Products
Fruits & Vegetables
Grain Products
Other Halal Food Products

Halal Food Regional Outlook (Revenue, USD Billion; 2014 - 2025)

North America

U.S.

Europe

Turkey
Russia
Germany
UK

Asia Pacific

Indonesia
Malaysia
Pakistan
India

Middle East & Africa

Egypt
Saudi Arabia
Nigeria
UAE

Central & South America (CSA)

Brazil

View press release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-halal-food-market

About Grand View Research

For more information: www.grandviewresearch.com

Packaging Adhesives Market Anticipated to reach USD 10.11 billion by 2025 : Grand View Research, Inc

Global Packaging Adhesives Market is expected to reach USD 10.11 billion by 2025, according to a new report by Grand View Research, Inc. The growing usage of packaging adhesives in flexible packaging, paper & board packaging, and rigid packaging is anticipated to strengthen the market growth.

Increasing demand for packaged food products and organized retailing has resulted in heightened demand for folding cartons. In an attempt to lure more consumers, food vendors are offering products with longer shelf life, which come in an attractive packaging. Folding carton packaging is witnessing maximum demand from the food and beverage industry.

The rising demand for labeling is expected to spur the market growth of application segment over the forecast period. Labeling adhesives application ensure reliable bonding properties on various surfaces for different machines. This is expected to boost the market growth over the forecast period.

Asia Pacific is anticipated to be a key consumer of packaging adhesives over the forecast period owing to numerous technological innovations such as the hot-melt technology, which is designed to enhance the productivity of packaging adhesives. The key industry participants are also involved in the development of innovative adhesive products through R&D and technical expertise, which in turn is expected to drive the industrial adhesive solutions.

Full Research Report on Global Packaging Adhesives Market Analysis:

http://www.grandviewresearch.com/industry-analysis/packaging-adhesives-market

Further key findings from the report suggest:

The global packaging adhesives market was valued at USD 6.28 billion in 2016 and expected to progress at a CAGR of 4.5% from 2017 to 2025
Water-based technology dominated the market in 2016 followed by solvent-based
Flexible packaging was the largest application segment in 2016 and the trend is expected to continue over the forecast period. The segment is expected to register 5.0% CAGR over the coming years.
Asia Pacific is anticipated to be the fastest-growing segment at a predicted CAGR of 6.0% from 2017 to 2025
Increasing demand from the food and beverages industries is projected to drive the Asia Pacific regional market
In February 2017, DAP introduced a new innovative line of packaging adhesives products. This new product line includes solvent, high-performance latex, and new cutting-edge hybrid systems
Some of the major players in the industry include H.B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Bostik SA (An Arkema Company), Henkel AG & Co. KGaA, Royal Adhesives & Sealants, Jowat SE, Dymax Corporation, and Avery Dennison Corporation.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the Global Packaging Adhesive Market on the basis of technology, application, and region:

Technology Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

Water-based
Solvent-based
Hot Melt
Others

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

Flexible Packaging
Folding Carton
Case & Carton
Labeling
Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

North America

U.S.
Canada
Mexico

Europe

Germany
UK
France

Asia Pacific

China
Japan
India

Middle East & Africa
Central & South America

View press release of this research report by Grand View Research:

http://www.grandviewresearch.com/press-release/global-packaging-adhesives-market

About Grand View Research

For more information: www.grandviewresearch.com

Flue Gas Desulfurization (FGD) Market expected to reach USD 23.69 billion by 2020 : Grand View Research,Inc.

The Global Flue Gas Desulfurization (FGD) Market is expected to reach USD 23.69 billion by 2020, according to a new study by Grand View Research, Inc. Flue gas desulfurization market demand is expected to increase owing to growth in demand for electricity. In addition, stringent government regulations regarding emissions of harmful gases in the environment are also expected to drive the FGD market over the forecast period.

New FGD systems were the largest application segment accounting for USD 8.14 billion of global market revenue in 2013. Increasing number of coal-fired power plants in emerging economies is expected to be a key reason for high demand of new FGD systems. Flue gas desulfurization is also used in reagent & replacement applications, which were valued at USD 7.65 billion in 2013.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/flue-gas-desulfurization-market

Further key findings from the study suggest:

· Wet FGD systems dominated new FGD market and generated USD 6.86 billion in revenue in 2013 due to higher efficiency and low maintenance characteristics in comparison to other systems. Dry FGD systems are expected to witness the fastest growth, at an estimated CAGR of 5.5% from 2014 to 2020.

· Reagents & replacement is expected to be the fastest growing application, at an estimated CAGR of 6.9% from 2014 to 2020. Existing/old systems are expected to generate continuous demand for reagents and equipment replacement. This is expected to boost the equipment replacement systems market over the forecast period.

· Asia Pacific was the largest flue gas desulfurization market; it was valued at USD 8.52 billion in 2013 and is expected to witness the fastest growth, at an estimated CAGR of 10.2% from 2014 to 2020. The primary reason for expected growth is the high demand for new FGD systems along with rise in equipment repairs for existing FGD systems in emerging and high-growth markets of China, India, Japan, South Korea and Taiwan.

· Key companies in the market include Alstom S.A., Babcock & Wilcox, Siemens Energy, Thermax, Ducon Technologies Inc., Hamon Research-Cottrell, Mitsubishi Heavy Industries, and Marsulex Environmental Technologies.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/power-generation-and-storage

For the purpose of this study, Grand View Research has segmented the global flue gas desulfurization market on the basis of technology, application and region:

• Flue Gas Desulfurization Technology Outlook (Revenue, USD Million, 2012 - 2020)
          • Wet FGD Systems
          • Dry FGD Systems
  • Flue Gas Desulfurization Application Outlook (Revenue, USD Million, 2012 - 2020)
          • New FGD Systems
          • Reagents & Replacements
  • Flue Gas Desulfurization Regional Outlook (Revenue, USD Million, 2012 - 2020)
          • North America
          • Europe
          • Asia Pacific
          • RoW

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/flue-gas-desulfurization-fgd-market

About Grand View Research

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

Homeland security market expected to reach USD 452.46 billion by 2024 : Grand View Research,Inc.

The global homeland security market size is expected to reach USD 452.46 billion by 2024 according to a new report by Grand View Research, Inc. Technological advances in homeland security across the globe are expected to drive the market over the forecast period. Asia Pacific is anticipated to witness considerable growth owing to the advancements across emerging economies such as China and India. Currently, police modernization along with tackling terrorism is the largest growing segments in India with the increasing annual spending.

Manufacturers in the homeland security market are increasingly adopting mergers & acquisitions as a part of their growth strategy. For example, in 2015, Harris Corporation acquired Exelis Inc., which brings a strong portfolio of complementary technologies. The acquisition also significantly enhances the company’s position as one of the primary provider of mission-critical solutions while expanding channels and product offerings to the growing customer base.

The Homeland Security Advanced Research Projects Agency (HSARPA), established by the Homeland Security Act of 2002, supports fundamental research to create revolutionary changes in new capabilities, technologies and risk & threat assessments for the Homeland Security Enterprise (HSE). It uses modernization and innovation for scientific progress and produces front-line products. These products support DHS components such as the U.S. Secret Service, U.S. Customs and Borders Protection, the U. S. Coast Guard, and the Transportation Security Administration.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/homeland-security-market

Further key findings from the report suggest:

· Cyber security is anticipated to grow at a CAGR of over 5.5% from 2016 to 2024, owing to the increasing number of cyber crimes and rising privacy concerns. Cyberspace and its essential infrastructure are vulnerable to a wide range of risk increasing from both physical and cyber threats & hazards.

· The maritime segment accounted for over 8% of overall revenue share in 2015, which is expected to grow over the forecast period. It has become critical due to the rising number of maritime threats, sabotage, piracy and unlawful acts. During recent years, maritime terrorism has drawn considerable attention in the marine sector. Incidents of maritime terrorism are very few as compared to piracy. However, it attracts more media attention due to the involvement of greater loss of life, property and consequential economic losses.

· Aviation segment is expected to witness substantial growth at CAGR of nearly 5% over the period of 2015 to 2024. Airport safety has undergone enormous transformations after the terrorist activities across the globe. Also, it has endured significant improvements regarding protection. Several airports such as ODG (Paris), Munich, Chhatrapati Shivaji Airport (India) and Narita (Tokyo) are the examples of the change in airport protection technologies.

· Stringent government guide lines worldwide are expected to regulate the global homeland security market over the future. North America dominated the industry contributing to over 25% of the global revenue in 2015. The presence of several prominent homeland safety solutions manufacturers in the region is expected to generate high demand over the forecast period.

· Key industry participants include FLIR Systems Inc.,Elbit Systems Ltd., General Dynamics Corporation, L-3 Communications Holding Inc., Harris Corporation, Megal Security Systems Ltd., Safran SA, Raytheon Company, Thales SA and Unisys Corporation. Manufacturers are steadily adopting innovative production techniques to gain a competitive advantage over others.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the global homeland security market on the basis of application, type and region:

Homeland Security Type Outlook (Revenue, USD Billion, 2015 - 2024)

· Aviation security

· Maritime security

· Border security

· Critical infrastructure security

· Cyber security

· CBRN security

· Mass transit security

· Others

Homeland Security Regional Outlook (USD Billion, 2015 - 2024)

· North America

· Europe

· Asia Pacific

· RoW

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/global-homeland-security-market

About Grand View Research

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

Neurostimulation devices market Expected to reach USD 9.8 billion by 2024 : Grand View Research,Inc.

The neurostimulation devices market is expected to reach USD 9.8 billion by 2024, according to a new report by Grand View Research, Inc. The neurostimulation devices market is anticipated to witness a significant growth during the study period from 2016 to 2024. This growth is majorly attributed to high prevalence of chronic diseases, including migraine and epilepsy. Increasing adoption of unhealthy lifestyle, diet, and growth in aging population is resulting in a growing incidence of the chronic disease in individuals. However, adverse effects and risks associated with neurostimulation devices and presence of stringent device approval regulations are expected to hamper the growth.

Apart from the above mentioned factors, increasing incidence of road traffic accidents (RTAs) is also an additional factor propagating growth. Hence, the neurostimulation devices market holds enormous growth prospects and as a result manufacturers are participating in precise R&D exercises to develop new products empowered by advance technology. Some of the technological advancements such as the following are expected to serve as drivers:

· Minimally invasive transdermal neuromodulation technology by Neurowave Medical Technologies

· MRI safety incorporated devices by Medtronic Inc.

Browse full report by Grand View Research :

http://www.grandviewresearch.com/industry-analysis/neurostimulation-devices-industry

Further Key Findings from the Study Suggest:

· North America is estimated to dominate the global neurostimulation devices market. The growing demand for neurostimulation devices as an add-on therapy, presence of high patient disposable incomes &patient awareness levels coupled with sophisticated healthcare infrastructure and high prevalence of target diseases, such as epilepsy, Parkinson’s disease, incontinence, etc., are expected to facilitate growth in near future

· Asia Pacific is the fastest growing region in the neurostimulation devices. The high growth rate is explained by the following drivers:

o Economic developments in emerging areas, such as India and China

o Rising healthcare expenditures

o Presence of unmet medical needs and untapped markets coupled with increasing patient disposable incomes

o Changing lifestyle of the people resulting in various lifestyle-related diseases, for example, low-back pain resulting from long working hours.

o Increasing RTAs, for example, nerve injuries (paralysis) due to RTA, which require neurostimulation postoperatively

The immense growth opportunities available in the Asia Pacific region have attracted manufacturers to enter these areas, for example, Medtronic aims at generating 20% of its revenue from emerging economies in the next 5 years, commencing from 2011

· Spinal cord stimulation devices dominated the market in 2015 with highest share of over 54.0%. These devices were the prime neurostimulation devices to be commercialized, thus, hold a competitive edge over the rest of the devices in terms of share. The cost-effectiveness provided by these devices in terms of quality-adjusted life years will also drive the growth

· Pain management dominated the overall market in terms of revenue share at over 65.0% in 2015. High global prevalence of chronic pain disorders and the growing adoption rates of neurostimulation devices for pain management were the major drivers recognized as contributors to the growth

· The industry involves several global as well as local players. Some of the key players are Medtronic; St. Jude Medical; Boston Scientific Corporation; Cyberonics, Inc.; and Nevro Corporation. New and innovative product development using latest technology is expected to be a universal strategy followed by the players

· For instance, in June, 2015, according to new data presented by Boston Scientific Corporation, the company’s spinal cord stimulator system, also known as Precision Spectra, claimed that the system provided better pain relief than its previous generation of Precision Plus SCS systems

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

Grand View Research has segmented the neurostimulation devices market on the basis of product, application, and region:

Neurostimulation Devices Product Outlook (Revenue, USD Million, Volume, 000 units, 2013 - 2024)

· Deep Brain Stimulators

· Gastric Electric Stimulators

· Spinal Cord Stimulators

· Sacral Nerve Stimulators

· Vagus Nerve Stimulators

Neurostimulation Devices Application Outlook (Revenue, USD Million, 2013 - 2024)

· Pain Management

· Epilepsy

· Essential Tremor

· Urinary and Fecal Incontinence

· Depression

· Dystonia

· Gastroparesis

· Parkinson's Disease

· Others

Neurostimulation Devices Regional Outlook (Revenue, USD Million, 2013 - 2024)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o China

o India

· Latin America

o Brazil

o Mexico

o Argentina

· MEA

o South Africa

o Saudi Arabia

Access press release by Grand View Research:

http://www.grandviewresearch.com/press-release/global-neurostimulation-devices-market

About Grand View Research

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