Aerosol Propellants Market worth USD 11 billion by 2024

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The global aerosol propellants market size is projected to reach USD 11 billion by 2024. The development of high-quality propellant formulations with enhanced product dispensing capacities can drive this industry during the forecast period (2016-2024). In addition, widespread adoption of various aerosol-based personal care and household products could also positively influence the market. This trend is mainly observed in developing countries, like India, Thailand, etc. Moreover, rising technological developments resulting in the production of superior propellant combinations may stimulate market demand.

The growth of the Aerosol Propellants Market depends greatly on the availability of raw materials, such as crude oil and natural gas. Moreover, the cost of the product depends on the prices of crude oil and natural gas. High production of natural gas in Asia-Pacific and North America could boost the demand for aerosol propellants in the years to come. Additionally, greater technological initiatives resulting in the production of high-quality cans that are aesthetically appealing may augment the demand for these cans. This, in turn, can propel the global market.

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The global Aerosol Propellants Market is categorized as products, applications, and regions. Based on products, the market is divided into Dimethyl Ether (DME) & methyl ethyl ether, hydrocarbons, carbon dioxide & nitrous oxide. Methyl ether & DME can grow at a CAGR of 6% from 2016 to 2025. This attributes to the superior properties exhibited by these components, such as no harm to the ozone layer and low global warming potential. The use of aerosol propellant gasses, such as carbon dioxide & nitrous oxide can increase considerably in the near future. This is because these gasses cause minimal environmental damage and ensure greater stability.

Applications comprise household, personal care, food, medical, paints, and automotive & industrial. The personal care segment is anticipated to grow at a healthy CAGR of over 3% during the estimated years. This is because of rising popularity of mousses, hair sprays, and deodorants. Demand for beauty products in Central & South America and in Asia-Pacific could fuel product demand in the years to come. In addition, the popularity of hair styling products and shaving foams may propel market growth. One of the key factors driving the global Aerosol Propellants Market is the widespread adoption of personal care products worldwide.

The household segment can expand considerably during the forecast period because of increased usage of floor cleaners and insect sprays. The automotive segment can register a growth rate of 5% during the forecast period.

Geographically, the global Aerosol Propellants Market is segmented into Asia-Pacific, North America, Europe, Central & South America, and Rest of the World. Asia-Pacific could witness the highest growth on account of rising consumer disposable incomes and rapidly changing lifestyles. Europe is projected to contribute to over 32% of the overall revenues. This owes to the high demand for cans in the personal care & household application segments. Widespread application of the product in automotive paints & cleaners may boost the market in the forecast period.

Prominent companies operating in the global aerosol propellant market are Honeywell International Inc.; Crown Holdings Inc.; Royal Dutch Shell Plc.; E.I. DuPont de Nemours and Company; and Aerosol Gas Ltd. These manufacturers invest considerably in research & development (R&D) of superior propellant formulations. Companies undertake R&D activities in order to increase their market shares in the long run.

Oil Spill Management Market To Surpass $125 Billion By 2024

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The global oil spill management market size is projected to grow beyond USD 125.62 billion by 2024. Growing incidents of oil spilling in the past along with severe safety and environmental policies are likely to propel the market over the forecast phase (2016-2024). Also, escalating pipeline and seaborne shipping of crude oil and chemicals could positively impact the market further.

The market is fragmented by technologies, techniques, applications, and regions. Technologies are Pre-oil spill and Post-oil spill. Pre-oil spill segment is divided into double-hull, pipeline, leak detection, blow-out preventers, and others. Double-hulling was the dominant segment in 2015 with highest shares.

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Marine trade registers for a majority of petroleum products and natural gas transportation. Mounting demand for crude and petroleum products oil in Europe and Asia Pacific will boost the maritime trade growth further. Post-oil spill segments are mechanical, chemical, biological, and physical. Chemical and mechanical containment and recovery are the techniques used in the industry.

By applications, the market can be sliced into pre-oil spill management a post-oil spill management. Pre-oil spill covers onshore and offshore sectors. The offshore segment recorded the maximum shares in 2015. It consumed approximately 70% of the total demand in that year.

Post-oil spill management also includes of onshore and offshore segments. In 2015, onshore post-oil spill sector was valued close to 60% of the total market demand. Regions such as Norway, U.S, Mexico, Canada, U.S., China, and Nigeria have observed well blowouts and occurrences of pipeline breakdowns. This could be accredited to huge market diffusion in past

Main regions in the market encompass North America, Europe, Asia-Pacific, the Middle East and Africa (MEA), and Central & South America. North America was the leading market for pre-oil spill management. It was estimated at 40.1% of total demand in 2015. This region will potentially face lucrative demand due to production activities and increasing oil & gas discovery. Pre-oil spill management shares in Asia Pacific will gain over USD 21,540 million by 2024. It is mounting at a healthy CAGR of 4.2% in the review phase.

Profits to determine hydrocarbon reserves noticeably and supportive government initiatives in the form of fiscal support in India and China could drive the regional demand. Top-most companies in the global oil spill management market include OMI Environmental Solutions, Skim Oil Inc., American Green Ventures Inc., and Spill Response Services.

Flooring Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, 2016 To 2024

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The worldwide flooring market is projected to attain above USD 330 billion in revenue by 2024. Flooring with a durable nature will attract huge sales for the market over the forecast period (2016-2024). Demand for insulation will give it a much-needed boost. The market is expected to achieve a sales volume of 240 billion square feet, at a nearly 6% CAGR during the forecast period. It was reported to accumulate a demand of 161 billion sq ft in 2015.

Consumers have moved on from traditional flooring solutions to eco-friendly solutions like glass, cork, bamboo, linoleum, rubber, and polyester terephthalate (PET) berber. Changing consumer preferences in accordance with their lifestyle as well as demand for insulation will be the future drivers of the market.

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The market is split by products, applications, and regions. Seamless flooring, soft coverings, resilient, and non-resilient floorings are products of the flooring market. Soft coverings comprising of rugs and carpets are also called as textile coverings. This segment had occupied almost half the market, dominating the market with over 35% demand shares in 2015.

Resilient flooring encompasses a mixture of fillers and binders. They are waterproof coverings available in vinyl, wood, rubber, cork, and linoleum. Nonresilient flooring is available in terrazzo stone, ceramic tile, brick, clay tile, and concrete tile. These floorings are low maintenance in nature and require only mopping and dusting.

Applications of the market involve commercial, industrial, and residential. Residential accounted for 50% market demand. This made it the largest application of the flooring market in 2015. This major share can be attributed to renovation and construction projects. Industrial applications encompass aviation hangars, automotive industry, refineries, and manufacturing plants. Education, sports, retail, healthcare, hospitality & leisure, and corporations constitute as commercial market applications.Regions covered under the market are Europe, North America, Asia-Pacific, and RoW (Rest of the World). Asia Pacific will lead the flooring market over the next six years owing to residential and non-residential construction projects. It accumulated over 45% market demand in 2015. Europe will enjoy a stable demand on account of providing innovative flooring solutions.

Regions covered under the market are Europe, North America, Asia-Pacific, and RoW (Rest of the World). Asia Pacific will lead the flooring market over the next six years owing to residential and non-residential construction projects. It accumulated over 45% market demand in 2015. Europe will enjoy a stable demand on account of providing innovative flooring solutions.

Reputed participants involved in the flooring market include Shaw Floors, Mannington Mills Inc., Gerflor, Armstrong, and Mohawk. The market is highly competitive in nature and driven by technological innovation.

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Flooring Market Size To Grow Beyond $330 Billion By 2024

 

Pharmacy Automation Devices Market to Witness 7.4% CAGR till 2020

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The pharmacy automation devices market is anticipated to expand at a CAGR nearly 7.4% during the forecast period (2014 to 2020). Revenues may surpass USD 8 billion by 2020. Mechanical processes that are used in the handling and distribution of medications are known as pharmacy automation. Pharmacies employ automation in order to enhance cash flows and bring down medication inventories. Devices that facilitate these tasks are known as pharmacy automation devices. High incidence of medical error deaths is one of the key drivers of this industry.

Computerized physician order entry, EHR (electronic health record), and clinical decision support system are some of the commonly used devices. These help monitor patients on a regular basis so that their health conditions are better understood. High investments in research & development and growing popularity of medical automation may augment industry growth over the forecast period. Other market drivers are need for minimal medical errors, greater consciousness about advanced pharmacy, and high population growth. Furthermore, demand for minimally invasive surgical procedures with integrated medical automation could propel the industry in the forthcoming years.

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Applications, end-use, and regions are the three parameters based on which the global pharmacy automation devices market is categorized. Based on applications, the segments are automated medication dispensing systems, automated medication & compounding systems, automated storage & retrieval systems, table top tablet counters, and automated packaging & labeling systems. Packaging & labeling instruments mainly include deblistering machines, sealers, printing solutions, and fillers & sealers.

Automated medication dispensing systems enable computer controlled storage, tracking, dispensation, and the efficient recording of medical works. This segment held the highest market share in 2013. Unlike small sized hospitals that face budgetary constraints, highly established & large hospitals mainly adopt automated medication dispensing systems. Dispensing cabinets help healthcare practitioners to provide medications in a systematic manner and keep a record of the same in the overall system.

Retail pharmacy and hospital pharmacy are the two main end-users in the overall industry. Owing to robust investments, the hospital pharmacy segment may witness remarkable growth till 2020. It is sub-segmented into central pharmacy automation solutions, pharmacy robots, barcode medication dispensing, and point-of-care automation solutions among others.

Geographically, the worldwide pharmacy automation devices industry is divided into Asia Pacific, North America, Europe, and Rest of the World. In revenue terms, North America dominated the overall industry in 2013. Regional drivers are technological developments, the need for minimal medical errors, and a rapidly growing aging population. Asia Pacific is projected to be the fastest growing region in the forecast period. Factors that could positively impact the region are high income levels and greater awareness about the benefits of medical automation.

Prominent players in the global Pharmacy Automation Devices Market are Innovation PharmaAssist Robotics, Pyxis Pharmacy Automation Systems, McKesson Corporation, CareFusion Corporation, Accu Chart Healthcare, and Swisslog Holding Ltd. TCGRx, a Wisconsin based company dealing in pharmacy automation declared the development of PillBot™ in November 2016. PillBot™ is a pharmacy automation device that enables the filling of multi-dose and unit-dose cards in addition to pouch packaging. It can efficiently package medicines in blister formats as well as in pouch formats. The product will soon be launched this year.

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Freeze Drying Equipment Market Analysis, Size, Share, Growth, Trends And Forecast, 2012 To 2020

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The rapidly increasing demand for seasonal foods and eatables in off seasons coupled with their hygiene are the major factors driving the global freeze-drying equipment market. Dry freezing is a process of dehydration which is also termed as lyophilisation. This process includes the freezing of a product to eliminate the moisture which is followed by the drying process of the product. As the growth of fungi and bacteria is reticent in a moisture free environment, the freeze drying equipment facilitates longer storage of the products.

The freeze drying equipment includes tubing and nozzles, freezing chambers, various sensors, vacuum pumps and cryogenic liquid storage.The replacement of traditional processes of drying products with the introduction of new drying technologies is also a factor propelling the freeze-drying equipment market. The technological advancements in the market are retaining the customers by providing various advantages such as enhancing usability in diverging conditions and preserving the aroma of the products.

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The rapidly rising demand for preserving food with better quality and longer life is a direct consequence of rapidly changing lifestyle globally. A huge potential from taxidermy and eco-friendly interments coupled with the constant increase in the preservation of flowers and leather are the major factors expected to further fuel the global freeze-drying equipment market over the forecast period.

The entire freeze-drying equipment market on the basis of the product type is segmented into industrial freeze dryers, general purpose freeze dryers, mobile freeze dryers, laboratory freeze dryers and benchtop freeze dryers. The laboratory freeze dryers segment is one of the leading product lines owing to its increasing usage in the pharmaceutical industry for development purposes. Bench top equipment is also majorly used in laboratories for various biological studies by students. Industrial freeze drying equipment is widely used for the protection of several food products for safe consumption. The mobile freeze drying equipment is expected to witness lucrative growth over the forecast period owing to the portability and moisture reducing the efficiency of this equipment.

The freeze-drying equipment market is segmented on the basis of applications of the equipment into pharmaceuticals, biotechnology, surgical procedures and food processing applications. The leather conservation and flower preservation are other niche applications of the freeze drying equipment. The food processing application of freeze-drying equipment attributes the largest market share due to the rapid increase in food processing acceptance and increasing prevalence of food processing globally. The biotechnology and pharmaceuticals segments are expected to witness lucrative growth over next five years owing to the continuous advancements in freeze drying technologies.

Geographically, the overall freeze drying market is segmented into North America, Asia-Pacific, Europe, and RoW. As of 2013, North America attributed the largest market share in terms of revenue due to increased use of freeze drying equipment especially in food processing and pharmaceuticals in this region. Asia Pacific is anticipated to grow fastest over next five years due to emerging pharmaceuticals market and expanding food packaging market in this region. Europe is expected to hold steady growth in the market owing to the usage of freeze drying equipment in various applications.

The major players in global freeze drying market include SP Scientific, Shanghai Tofflon Science & Technology Co. Ltd., Millrock Technology Inc., Operon, Freezedry Specialities Inc., MechaTech Systems Ltd., Cuddon Engineering Ltd., I.M.A., Labconco Corp., GEA Niro, Thermo Fischer Scientific Inc. and Telstar S.A. These companies are creating various strategies such as collaborations, expansions, and acquisitions to keep a strong foothold in the global freeze-drying equipment market.

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Global Glycolic Acid Market Is Expected To Witness Momentous Growth, 2014 To 2020

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Global Glycolic Acid Market is expected to witness momentous growth owing to increasing application in major end-use industries including personal care and household cleaning over the forecast period. Rising concern over skin and hair problem among youth is expected to be the major factor driving the global glycolic acid market over the foreseeable period.

Growing anti-aging products demand among young inhabitants is further likely to propel the market growth in the future. Glycolic acid finds application in industrial products such as PET bottles and medical sutures. Increasing shore up for the biodegradable product is anticipated to have a positive impact on the global glycolic acid market over the next six years.

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Polyglycolic acid (PGA) is a derivative product of a glycolic acid and is used in manufacturing surgical sutures. Growing PGA demand owing to increasing use of medical equipment is projected to compel the market over the forecast period. Glycolic acid is used as an ingredient in shampoos, face peels, ointments, and moisturizers. Growing personal care products demand coupled with increasing consumer awareness of the use of biodegradable products are expected to create an opportunity for the market players over the foreseeable period.

Water treatment is the also one of the major end-use application segment. Growing need of water owing to increasing population is expected to be the major factor driving the market for the foreseeable period. However, availability of salicylic acid as an alternative is expected to hinder the market growth in the future.

High consumption of concentrated glycolic acid may lead to skin burns. This hazardous factor is expected to restrain the global glycolic acid market in the future. The household cleaner is among the key glycolic acid application segment. Increasing household cleaner demand is further expected to propel the market growth over the forecast period.

Glycolic acid is used as a dyeing and tanning agent in the textile industry. Growing textile industry owing to shift in fashion toward new lifestyle is likely to propel the market growth in the future. Glycolic acid finds application in food processing as a flavoring agent and as a preservative. Growing packaged food demand is further expected to drive the global glycolic acid market over the foreseeable period.

Glycolic acid often finds application in adhesives and plastics. Increasing adhesives demand in the furniture industry is likely to fuel market growth over the next six years. Glycolic acid is also used as surface treatment, which finds application in tile flooring. Growing building & construction industry in emerging economies including Brazil, India, China, and Argentina is expected to drive the glycolic acid market in this region.

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North America was a major regional glycolic acid market in 2013. Increasing medical equipment demand in U.S. and Canada is expected to drive North America glycolic acid market over the forecast period. Increasing packaged food consumption in U.S. is expected to be the major factor driving the market in North America. Stringent government regulation associated with glycolic acid for use in personal care product is expected to restrain the market over the foreseeable period.

Europe is the second major glycolic acid market. Increasing personal care products such as hair and skin care among young consumers in Europe is further anticipated to drive the market growth in this region over the forecast period. Increasing personal care concerns coupled with changing lifestyle in countries such as India and China is expected to drive the Asia Pacific market over the foreseeable period. Growing textile industry owing to increasing population in emerging nations of Asia Pacific is expected to propel the market growth in this region over next six years.

The global glycolic acid market is highly dominated by top players. DuPont is among the top players operating in the global market. Some other key players operating globally include CrossChem LP, Phibro Animal Health Corp., Chemsolv Inc., and Parchem.

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Hearing Aids Market Size, Share, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020

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Industry insight

As per the statistics of WHO, approximately 33% of the geriatric population suffer from some degree of hearing loss. The hearing aids market thus has gone through a sharp hike owing to the expanding geriatric population base globally. Rising prevalence of hearing loss such as congenital hearing problem and nerve deafness coupled with the full or partial reimbursement for these by the governments of various countries has contributed to the spurred demand of these worldwide.

Hearing Aids MarketRapid technological advancements are taking place in this market. The most recent innovations being the incorporation of Bluetooth and the introduction of aesthetically appealing, 100% undetectable, waterproof hearing aids. All these advancements have been optimistic for the growth of the market as the new enhanced, cost-effective product features are augmenting a number of users of these devices.

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The key players in the global hearing aids market are William Demant Holding A/S, Sonova Holding AG, Siemens AG, Widex A/S, and GN Resound. The companies in this market have to face stringent regulatory compliances and also have to indulge themselves in new product development as a significant amount of consolidation in the manufacturing capabilities has taken place. Companies are thus entering into mergers & acquisitions, and joint ventures to enhance their product features and quality.

Product Insights

Key products analyzed in the hearing aids market include Canal Hearing Aids: Completely-In-Canal (CIC), Invisible-In-Canal (IIC), and In-The-Canal (ITC) and In-The-Ear Aids (ITE), Completely-In-Canal (CIC), Behind-The-Ear Aids (BTE) Receiver-In-The-Ear Aids (RITE). The ITE and BTE hearing aids are more popular owing to connectivity, ease to use, the high comfort they provide to patients and their efficiency for hearing impairment or deafness. BTE dominated the overall hearing aids market in terms of share at more than 55.0% in 2013.

These are used for treating the profound hearing loss and are more preferred for the treatment of hearing the loss in children. The canal hearing aids are expected to rise at the highest CAGR during the forecast period. Rising demand for aesthetically appealing and invisible hearing aids owing to the changing lifestyle patterns of people is affecting the growth of this segment positively. Increasing R&D initiatives to improve the performance of these hearing aids are also accounting for the lucrative CAGR.

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Technology Insights

Analog and digital are major technologies in the hearing aids market. Digital hearing aid technology accounted for the largest revenue share in 2013. Higher relative efficiency and the use of upgraded technology such as Bluetooth and wireless, are the affecting this segment positively. The advantages such as digital speech enhancement and digital noise reduction that digital hearing aids provide over the traditional analog hearing aids have also led to spurred use of them.

Regional Insights

Europe emerged as the largest regional market in 2013 holding over 42% of revenue share. Increasing prevalence of hearing impairment and deafness and high purchasing power of patients in the developed countries of Western Europe accounted for the growth of this market. Effective reimbursement policy in each European nation is also the major driver for Europe’s market. The Asia Pacific market during the forecast period is expected to grow at the highest CAGR of over 4.0%.

Improvement in the distribution network of global market players coupled with increasing prevalence of age-associated hearing problems in the geriatric population are the major drivers for the hearing aids market. Constantly improving healthcare infrastructure, rising patient disposable incomes and increasing awareness levels of patients, increasing adoption of technologically advanced hearing aids in emerging countries such as China and India and growing health care expenditures is a high growth rendering driver for this market.

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Acrylonitrile Butadiene Styrene Market Size, Share, Competitive Strategies And Forecasts, 2012-2020

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Increasing light weight components demand in automobile industry is anticipated to fuel the global acrylonitrile butadiene styrene (ABS) market growth over the forecast period. ABS comprises durability and high strength at low temperatures, chemical resistance, heat resistance and also easy manufacturing process.

These properties attract manufacturers to use ABS as a raw material for industrial as well as consumer product applications such as construction material, consumer goods, automotive exterior and interior parts and appliances. ABS is used to produce end products through various thermoplastic manufacturing methods such as extrusion, blow and injection molding. A variety of ABS grades are available in the market and chosen for the applications based on mechanical and physical properties of the raw material polymer used.

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Plastics are being majorly used in industries as they provide a significant weight reduction in the components. ABS applications are increasing in automotive industry due to above mentioned aspect which also helps to enhance fuel efficiency. A 10% weight reduction results in 5% to 7% fuel savings which is considerable aspect related to consumers. In addition to this, it also reduces carbon dioxide emission over the vehicle life cycle. Growing appliance market demand in China is expected to fuel the ABS market demand over the next five years.

However, existence of functional substitutes is anticipated to replace the ABS applications in end-use industries. But ABS has replaced many materials such as metals, ceramics, nylon and wood from end-use applications. Recent developments related to technology advancements in product development particularly bio-based products are expected to replace ABS in the near future. Technology advancement to expand ABS applications in other sectors is anticipated to offset this negative impact on the market over the forecast period.

Automotive segment was the dominant application market in 2013 and is expected to witness fastest growth over the next five years. ABS is broadly used to manufacture center consoles, headliners, trims and interior grills. It is also utilized for exterior parts such as bumpers, handles, carriers and panels owing to its strength, toughness and rigidity. The product growth is anticipated to spur over the next five years due to improved favorable regulations and increased concern about fuel economy and weight.

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Electrical and electronics contributed to the second major consumer market accounting for over 20% of the total demand. Easy manufacturing process and fabrication makes it better raw material for electrical industry. ABS provides a series of applications in the electrical industry owing to better insulation property. Other product applications include construction material, appliance, and consumer goods. China was the dominant ABS regional market accounting for over 55% of the total demand in 2013. China is the dominant consumer and manufacturer of ABS across the world owing to numerous existing end-user industries in the region and low operating and labor costs.

In addition to this several other companies has shifted their manufacturing facilities to the region from west on account of above-mentioned reasons. Other countries in Asia such as India, Indonesia, South Korea Taiwan and Japan are also anticipated to show a rapid growth for the global ABS market over the next five years. This is driven by the increasing construction activities and industrialization in the region. The region still contributes to the low consumption of ABS products which is expected to be a scope for further growth in the region. India is projected to be the most emerging market in the region owing to growing application industries.
Global ABS market is fairly concentrated with major four participants accounting for over 60% of the total demand in 2013. The major market players in the global market include Formosa Plastic Company, Chi Mei Corporation, LG Chemical, Styrolution, Kumho Petrochemical Company, SABIC, and Styron.

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Europe Industrial Air Filtration Market Size Is Forecast To Reach USD 1.69 Billion By 2020

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Industry Overview

Europe industrial air filtration market size is forecast to reach USD 1.69 billion by 2020, growing at a CAGR of over 7% from 2014 to 2020. The industry is expected to be primarily driven by the enforcement of occupational health and safety regulations. Stringent government norms are likely to spur the industry growth over the forecast period. IPPC (Integrated Pollution Prevention and Control) with sectoral directive has setup the emission limit standards for large combustion plants to reduce air pollution.

The dust collectors market was valued at USD 219.7 million in 2013, and is expected to reach USD 365.9 million by 2020 growing at an estimated CAGR of 7.7% from 2014 to 2020. Several manufacturing activities are focused on lean manufacturing and eliminating waste within the manufacturing processes.

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The industrial air filtration industry is anticipated to experience gains, owing to formulation of EN 779:2011, European standard for specific air filters. The standard is likely to eradicate filter performance issues. For instance, electrostatic charged synthetic filters tend to discharge rapidly within few weeks of its operations, and their ability to filter deteriorates substantially over time.

Europe Industrial Air Filtration

In addition, an efficient system helps in augmenting safety as well as health aspects and thus aids in ensuring supply reliability. It also facilitates in energy optimization by reducing energy consumption and minimizing the risk of loss of production. Revenue from the power sector was valued at USD 188.8 million in 2013, and is expected to reach USD 317.9 million by 2020, growing at an estimated CAGR of 7.9% from 2014 to 2020. The market is expected to witness considerable growth as air filtration systems help handle toxic, hazardous, and radioactive gas streams.

High cost involved in installation is projected to hamper the industry growth over the forecast period. In addition, high maintenance cost and energy consumption rate is expected to challenge the Europe industrial air filtration market. HEPA filters are estimated to witness significant growth owing to commercial benefits offered namely augmented plant revenue, better yield, low labor as well as component cost. These are also used in applications concerning biological, chemical and radioactive material. Furthermore, mist collectors are projected to provide potential opportunities owing to its unique property of filtering dust and wet emission from food & bevrage and metals industry.

Product Overview

HEPA filters were valued over USD 240 million in 2013. It is estimated to witness highest growth owing to is large scale usages in several applications requiring high collection efficiency of submicron particulate matter. It is likely to grow at a CAGR of over 8% from 2014 to 2020.

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Baghouse Filters accounted for more than 22% of the overall market share in 2013 and is expected to grow at a CARG of over 7.5% from 2014 to 2020. The growth can be attributed to its capacity to handle large air volume as well as heavy dust loading capacity involved in cement & food processing industries.

Application Overview

Metals sector was accounted for over 20% of the overall Europe industrial air filtration market share in 2013. It is anticipated to exceed USD 370 million by 2020, growing at CAGR of over 7.5% from 2014 to 2020. Surge in the sector can be addressed to air-borne suspensions removal capability of the filter.
Food sector was valued over USD 220 million 2013. It is projected to witness highest growth rate of around 8% from 2014 to 2020 due to sanitary, cross contamination and food handling regulations in the industry.

Regional Overview

Italy industrial air filtration market was valued over USD 170 million in 2013 and it is estimated to grow at over 7% from 2014 to 2020. It is likely to exhibit considerable growth owing to growing pharmaceutical industries in the region.

Germany occupied the highest industry share in 2013. It is expected to grow at a CAGR of 8.5% from 2014 to 2020. Spur in the region can be addressed to flourishing use of dust collectors in metal processing industry along with increasing HEPA filter use in food and beverage industry.

Competitive Market Share

Europe industrial air filtration market share is highly consolidated by top three industry participants accounting for more than 50% of the overall industry share in 2013. Donaldson Company Inc is anticipated to hold key position owing to high R&D spend, sales, new product development and marketing activities. Key industry players include Clarcor Inc and Camfil among others.

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Printed Electronics Market Size, Competitive Strategies & Forecast, 2012-2020

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Printed Electronics

Industry Insights

Electronic printing or Printed Electronics is to utilize different technologies to print on the surface with the help of optical or electrical inks. Printed electronics is done with active or inactive components such as transistors or resistors. Electronic printing also use various types of solutions oriented materials such as nano-particles or nano-tubes or metallic conductors, inorganic or organic semiconductors, to make easy printing experience. On the basis of these different devices, electronic printing is able to entirely tie-up together new properties that makes them most attractive for latest developing applications.

The mixtures of new class of materials and large area, higher volume deposition of applications of printable electronics, high volume deposition patterning techniques are few of the significant impacting factors for development of electronics printing. It can be applied on electronic and photonic devices like screen printing with the help of conducting inks or dielectric and user graphic.

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In the past few years, market has witnessed increase in demand for flexible printed electronics in packaging industries and is anticipated to carry on over the forecast period, and these demands are expected to boost the electronic printing market. Few more significant factors that contribute towards development are greater flexibility, easy adoption in broadly differing environment, comparatively less wastage of material over conventional printing methods, high scalability, added price benefit, improved energy efficiency in consumption, and decreasing environmental effect. The electronic printing market has undergone from the experimental stage to mass commercialization in past few years and is anticipated to grow over the forecast period.

Application Insights

Electronic printing applications include industrial, lighting, displays, sensors, lighting and few others. Many different displays utilize electronic printing for huge feature displays, multi-layer pixel technique, and electronic paper application for printing. Electronic printing applications are also used in designing of particular devices such as sport/game helmet sensor circuits, printed designed sensor manufacturing. Within industry applications, printed electronics is widely utilized in vehicle manufacturing in smart textile, pressure measuring devices, self-rearing mirrors and printed aerials. Printable electronics is considered as the most important element of (Organic Light Emitting Diode) OLED. Organic Light Emitting Diodes at present are manufactured with help of using the vacuum process on glass substrates. Electronic printing has some more applications which include electronic components such as printed RFIDs, batteries manufacturing, and organic photovoltaic.

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Technology Insights

Printed electronics technologies include gravure printing, flexographic printing, screen printing, inkjet printing, and few more. The inkjet printing is the technique that creates digital images with the support of pushing droplets of ink forward on the paper, plastic or few other kind of substrates. The inkjet printings are the most general type of printers utilized globally and which ranges from low-cost models to specialized machines. Screen printing is the other most common technology Woven mesh is utilized in screen printing which helps in ink-blocking stencil to create a desired image.

Flexographic or Flexography printing utilizes flexible relief plate for printing process usually on the hard subtracts for different types of food packaging. Gravure printing utilizes rotatory printing press that is generally preferred and utilized in commercial printing. Few more types of technologies which can be classified under electronic printing include visual effects and digital printing segment.

Regional Insights

On the basis of regions, Asia Pacific is anticipated to be the large market. On the other hand, North America is expected to show development owing to growth within packaging industry. European and rest of the World markets are anticipated to grow up at a constant rate owing to developments from past few years in applications of printed electronics.

Competitive Insights

In the printed electronics market several acquisitions and mergers have taken place in the recent years. The major players of the market are E-Ink (Taiwan), Thin Film Electronics (Norway), PARC (U.S.), DuPont (U.S.), Solicore (U.S.), Vorbeck Material (U.S.), and OE-A (Russia) T-Ink (US).

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