Life Science Analytics Market Will Reach Height of USD 25.90 Billion By 2025

Growing digitalization in pharmaceuticals and life sciences business to increase its price chain is some of the important factors expected to increase the market above the prediction period.

The global Life Science Analytics Market is estimated to touch US$ 25.90 Billion by the year 2025. Growing digitalization in pharmaceuticals and life sciences business to increase its price chain is some of the important factors expected to increase the market above the prediction period. Additionally, decreasing efficiency of R&D and growing supervisory mistakes are approximately the reasons anticipated to motivate this market. The life science analytics market is estimated to develop at the CAGR of 12.9% for the duration of the prediction.

Growing price tag of healthcare is some of the essential factor expected to definitely influence the market. Emerging along with industrialized areas are fronting a lot of encounters in providing economical and qualitative attention. Likewise, administrative unpredictability, financial pressure, and absence of practical inventiveness may consequence in little finance for healthcare.

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More or less of the important features expected to increase the price of global healthcare are increasing number of claims relating to non-communicable sicknesses, main concern for wellness at place of work, and increasing emphasis on wellness between fully-grown and senior inhabitants. Increasing price of healthcare is estimated to increase demand for life science analytics to make more efficient third-party procedures and improve general budget.

The life science analytics market on the source of Type of Application could span Pharmacovigilance, Regulatory Compliance, Research and Development, Supply Chain Analytics, Sales and Marketing. The market on the source of Type of Delivery could span On-premises, on-demand. The market on the source of Type could span Prescriptive, Descriptive, Predictive, and Reporting.

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The life science analytics market on the source of Type of Component could span Services, Software. The life science analytics market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction period could span North America [U.S., Canada], Latin America [Brazil, Mexico], Western Europe [Germany, U.K.], Asia Pacific [ Japan, China], Middle East & Africa [South Africa].

By the source of geography, North America had ruled the market in the year 2016. Greater problem of non-communicable diseases due to surge in elderly inhabitants and unnatural way of life is an important motivating issue.

Market Segment:

Type Outlook (Revenue, USD Million, 2014 – 2025)
    • Reporting
    • Descriptive
    • Predictive
    • Prescriptive

Component Outlook (Revenue, USD Million, 2014 – 2025)
    • Software
    • Services

Application Outlook (Revenue, USD Million, 2014 – 2025)
    • Research and Development
    • Sales and Marketing
    • Regulatory Compliance
    • Supply Chain Analytics
    • Pharmacovigilance

Bariatric Surgery Devices Market Will Generate About 2.8 billion By 2022

It is a procedures cause weight loss by restricting the amount of food the stomach can hold, causing malabsorption of nutrients, or by a combination of both gastric restriction and malabsorption.

What is a Bariatric Surgery?

It is a procedures cause weight loss by restricting the amount of food the stomach can hold, causing malabsorption of nutrients, or by a combination of both gastric restriction and malabsorption.

Bariatric procedures also often cause hormonal changes. Most weight loss surgeries today are performed using minimally invasive techniques (laparoscopic surgery).

The most common bariatric surgery procedures are gastric bypass, sleeve gastrectomy, adjustable gastric band, and biliopancreatic diversion with duodenal switch. Each surgery has its own advantages and disadvantages.

Bariatric Surgery Devices Market is anticipated to reach 2.8 billion by 2022. It is anticipated to grow at a healthy rate in the years to come. Bariatric surgery is mostly used to decrease body weight. Bariatric surgery implies the treatment of comorbid condition, which is related with morbid fatness. Obesity is one of the utmost threatening and prevalent health disorders has increased alertness about bariatric devices and surgery.

The demand for bariatric surgery devices has witnessed a substantial rise due to advantages such as rising preference for less-invasive bariatric operations. In addition, the increasing spending on weight loss actions has helped the sales of bariatric surgery devices at the distinct level. Regional government enterprises are also prompting the development of the bariatric surgery devices market.

On the other hand, the factors that may hamper the growth of the Bariatric Surgery Devices Market include high cost of surgeries, lower disposable income developing economies, lack of awareness in the emerging countries. The market is anticipated to grow at the significant CAGR of 10.15% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market may be explored by procedure, type, end users, and geography. It may be explored by type as Energy/Vessel Sealing Devices, Minimally Invasive Surgical Devices, Stapling Devices, Suturing Devices, Non-invasive Surgical Accessories, and Devices. In 2018 the largest market share was dominated by “minimally invasive surgical devices” in the global Market. The facts that attribute to the huge development in this segment can be ascribed to the growing obesity rates and the growing preference for nominally invasive procedures.

Bariatric Surgery Devices Market may be explored by procedure as Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, Revision Bariatric Surgery Adjustable Gastric Banding, Sleeve Gastrectomy, Non-invasive Bariatric Surgery, and Mini-gastric Bypass. The “sleeve gastrectomy” section dominated the blood screening market in 2017 and is anticipated to maintain its dominance by 2022 due to facts such as advantages of effectiveness, affordability, and sleeve gastrectomy protection, and partial complications as associated to other bariatric methods.

Bariatric Surgery Devices Market may be explored by end users as surgical centers, hospital & clinics, and others. North America accounted for the major share of the global Market Size Analysis in 2016 and will continue to lead in the forecast period due to factors such as increase in the several bariatric surgeries and constantly increasing obese population, increase government supported research and funding activities undertaken by the manufacturing companies in North America region, followed by Europe.

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Some of the key players that fuel the growth of the Bariatric Surgery Devices Industry comprise Medtronic, Ethicon, Intuitive Surgical, Cousin Biotech, Apollo Endo-surgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, Mediflex Surgical Products, Spatz Fgia. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Procedure Outlook (Revenue, USD Million, 2012 – 2022)
    • Adjustable Gastric Band (AGB)
    • Vertical Sleeve Gastrectomy (VSG)
    • Roux-en-Y Gastric Bypass (RYGB)
    • Biliopancreatic Diversion with a Duodenal Switch (BPD-DS)

Breakfast Cereal Market Is Rapidly Escalating Due To Growing Inclination toward Western Dietary Forms

Shifting breakfast habits and demographics across the developing countries have been acting as the foremost development drivers for global demand

What is a Breakfast Cereal?

Cereal, often called breakfast cereal, is a traditional breakfast food made from processed cereal grains. It is traditionally eaten as part of a balanced breakfast, or a snack food, primarily in Western societies.

Global Breakfast Cereal Market is anticipated to generate higher revenue in the forecast period. The market is anticipated to grow at a higher rate in the years to come. Shifting breakfast habits and demographics across the developing countries have been acting as the foremost development drivers for global demand of the market. The growing inclination toward western dietary forms has additional led to the development of Breakfast Cereals industry off late.

Cereal

The extensive variety of substitute breakfast items pertaining to every region and low-cost breakfast choices may produce hindrances for the development of the Breakfast Cereal. The breakfast cereals market has a chance to rise at a substantial rate owing to the constant invention in the flavors and presence organic ingredients in breakfast cereals and it is anticipated to grow at a significant CAGR of 4.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Breakfast Cereal industry may be explored by type, distribution channel, and geography. The market may be explored by product type as (RTE) Ready to Eat, Hot Cereal. Ready-to-Eat (RTE) segment is estimated to account for the highest growing segment in the forecast period. The segment is estimated to continue its topmost position, accounting at the CAGR of 68.0% of the total revenue share during the years to come. The segment mainly comprises cookies & biscuits, bars, cornflakes and others. Increasing demand for on-the-go meal options is propelling the consumption breakfast cereal bars as well as biscuits. Furthermore, growing consciousness concerning fast, easy and cost-effective meal options accessible by RTE cereal group is improving the overall market.

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Breakfast cereal market may be explored by Distribution Channel as Convenience stores, Supermarket, E-commerce, and others. The supermarket segment dominated the segment distribution channel in the breakfast cereal industry in 2016. And it is anticipated to maintenance its dominance till 2025. The sharp rise of supermarkets worldwide in the years to come. Primarily, their occurrence was focused in established countries of North America and Europe, but now they have extended their occurrence across Asia Pacific and the Middle East and Africa.

North America accounted for the major share of the global breakfast cereal market size analysis in 2016 and will continue to rule the roost in the forecast period. This inclination is anticipated to stay in the upcoming period due to the rising health concerns and growing health problems such as obesity, diabetes, and digestive disorders. Furthermore, packaging & product innovations coupled with high acceptance amount of new products in economies in the region are projected to play a vital part in growing the demand for the product over the upcoming period. Some of the key players that fuel the growth of the breakfast cereal industry include B&G Foods Inc.; Bagrrys India Ltd.; Marico Limited; Pepsico, Inc., Kellogg Company; Nestlé S.A.; and General Mills, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Breakfast Cereal Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Ready-to-eat (RTE)
    • Hot cereals

Breakfast Cereal Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Supermarket
    • Convenience Stores
    • E-Commerce
    • Others

Breakfast Cereal Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Australia
    • Central & South America
        • Brazil
    • Middle East & Africa

Automotive Sunroof Market Will Reach New Heights

Consumers mainly look for comparatively higher comfort for their cars than before. Presently, the air-conditioning and sunroofs are no more high-class components of modern luxury cars.

What is a Sunroof?

Automotive sunroof is the roof opening in 4-wheelers just like one with coverable metal panel.

The global Automotive Sunroof market crossed 6.2 billion in 2016 and is expected to grow considerably by 2025 with increasing consumers demand for luxury cars. Consumers mainly look for comparatively higher comfort for their cars than before. Presently, the air-conditioning and sunroofs are no more high-class components of modern luxury cars. With the growing competitive market, the vehicle manufacturers are making use of sunroofs and other equipment to build innovative designs. Some of the driving factors of the market include the need to manage light inside the vehicle and wider glass surface area in vehicles like larger sunroofs. These factors are expected to boost automotive sunroof market with a CAGR of 6.9% in the coming years.

Technological advancements in the vehicle industry such as installation of automotive sunroof is a major reason behind the increased comfort, safety and visually appealing features by customers. The sunroofs help the vehicle to get better air circulation along with improved lighting and brightness while daytime. This automatically increases the passengers’ comfort level inside the car. Currently, numerous manufacturers have begun using smart glasses, which takes care of the security issue.

A smart glass is light in weight, raises the vehicle’s fuel efficiency, offer improved control on heat and light emission and lowers the use of (HVAC) heating ventilation and air conditioning unit to maintain the inner vehicle’s temperature. OEMs like Audi, Mercedes-Benz, BMW are successively using smart glass for the sunroof in their vehicles. This is expected to lead the market with positive development in the coming years.

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In the previous years, the automotive sunroof industry witnessed major technological advancements by using different materials. Today, the vehicle makers are largely opting for durable high-tech materials like ethylene propylene diene monomer rubber products and silicone, which prevents the harmful UV radiations. Over the years, the industry is expected to grow impressively displaying dynamic technological innovations and improvements in leakage issues.

The after sales market is also fuelling up the growth of automotive sunroof industry. The rising alternative fuel vehicle division is inspiring the development of sunroofs with built-in solar cells that provides power to vehicles. Customers are now preferring sunroof, which is one of the major trends observed in the automotive sunroof market in the coming years. Moreover, the technological development for cost reduction and expanding functionality of sunroof glasses are on hike. This growing consumer demand for automotive sunroof vehicles in the developing countries is expected to drive the market.

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The automotive sunroof industry is categorized on the basis of material type, glass type and sunroof type. On the basis of material type, the market is divided into Glass Sunroof type and Fiber Sunroof type. The Glass Sunroof type is expected to dominate the market growth in terms of revenue. On the basis of Glass Type, the industry is divided into Laminated Glass Sunroof and Tempered Glass Sunroof. On the basis of Sunroof Type, the industry is divided into In-Built Glass Sunroof, Tilt and Slide Glass Sunroof, Panoramic Glass Sunroof, Top-Mount Glass Sunroof, Pop-Up Glass Sunroof and Solar Glass Sunroof. Geographically, the automotive sunroof market can be segmented as Europe, North America, Asia Pacific, Middle East & Africa and Latin America. Europe is predicted to dominate the market share in the coming years with progressive increase in demand for luxury vehicles with sunroof. Some major automotive sunroof industry players profiled are Automotive Sunroof Company, Webasto SE, Nippon Sheet Glass Co. Ltd., Yachiyo Industry Co., Ltd., Johnan America, Inc., Corning Inc., Meritor Inc., Aisin Seiki Co., Ltd., Inalfa Roof Systems Group B.V and Inteva Products, LLC,.

Rainscreen Cladding Market Will Reach Height of USD 14.0 billion By 2024

The main purpose of rain screen cladding is to protect the exterior wall of a building from rainwater and prevent it from penetrating the interior of the property.

What is a Rainscreen cladding?

Rainscreen cladding is the attachment of an outer skin of rear-ventilated cladding to a new or existing building. The system is a form of double-wall construction that uses an outer layer to keep out the rain and an inner layer to provide thermal insulation, prevent excessive air leakage and carry wind loading.

Global Rain screen Cladding Market size is expected to reach USD 14.0 billion by 2024. Rain screen cladding is an attachment of the outer skin with a ventilated & drained cavity provided to a new or existing building infrastructure. The main purpose of rain screen cladding is to protect the exterior wall of a building from rainwater and prevent it from penetrating the interior of the property. The market size is expected to register a CAGR of 7.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe. It provides some advantages such as lightweight material, thermal insulation, improved external appearance and acoustic performance of the buildings. Demand for these products has increased significantly due to promotion by International Energy Agency and World Green Building Council.

In rain screen cladding, some raw materials are used such as fiber cement, metal, composite material, terracotta, high pressure laminates, ceramic, and others. Composites are the leading raw material for the manufacture of rain screen cladding owing to properties like durability, higher strength and flexibility. The “fiber cement” segment is anticipated to hold the highest market share over the forecast period. This material can resist the growth of mold, fungi, and bacteria. These materials are gaining increasing importance as they require no special tools for installation.

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Metals are lightweight and easy to install. Metals such as zinc, aluminum, and steel are used for various applications. They offer some advantages like aesthetic appeal, sound & thermal insulation and fire resistance. Metals are mostly used due to their rigidity, superior flatness, excellent tensile strength and stability under changing thermal conditions. The factors that play an important role in the growth of rain screen cladding market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for energy efficient buildings construction, growing construction industry, emerging need for exterior wall protection, technological advancements and stringent government rules & regulations. Moreover, increasing demand of eco-friendly buildings due to stringent government regulations, rising awareness about environmental degradation, changing lifestyle, and rising disposable income are main factors driving the growth of market in the next couple of years.

However, high installation and maintenance cost are negatively impacting the growth of rain screen cladding industry. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on raw material, application and geography. The market is classified into application such as commercial, residential, offices, industrial and institutional. The “offices” segment is expected to hold the largest market share in the upcoming period due to increasing refurbishment of office structures.

Additionally, the “residential” application is projected to grow at the higher CAGR during the forecast period. The increasing expenditure on affordable housing schemes in developing countries, growing over-cladding activities on existing buildings and stringent government rules & regulations for developing green buildings are anticipated to boost the demand for rain screen cladding in the residential sector.

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Asia Pacific has been at the forefront with regards to rain screen cladding market and will continue to rule the roost in the years to come. The increasing population in developing countries, coupled with high demand for affordable government & housing schemes promoting energy efficiencies and growing construction industry are major factors drive the market growth
in this region.

The key players contributing to the robust development of the rain screen cladding market include King span Insulation plc, Lakesmere International Ltd., Dow Building Solutions, Ash & Lacy Building System Ltd., Carea Ltd., Booth Muirie Ltd., Celotex Ltd., E.I. DuPont de Nemours & Co., CGL Facades Co., MF Murray Company, Kalzip Ltd., Rockwool International A/S, NvelopeRainscreen System Ltd. and TAKTL LLC. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Rainscreen Cladding Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 – 2024)
    • Fiber Cement
    • Composite Material
    • Metal
    • High Pressure Laminates
    • Terracotta
    • Ceramic
    • Others

Paint Protection Film Market Will Reach Height of USD 369.3 million By 2022

Paint protection film is a thermoplastic urethane often self healing film applied to painted surfaces of a new or used car in order to protect the paint from stone chips, bug splatters, and minor abrasions.

What is a Paint protection film?

Paint protection film is a thermoplastic urethane often self healing film applied to painted surfaces of a new or used car in order to protect the paint from stone chips, bug splatters, and minor abrasions. This film is also used on airplanes, RVs, cell phones, electronics, screens, motorcycles and many other areas.

The global Paint Protection Film market is expected to reach USD 369.3 million by 2022. The market is driven by factors such as growing rate of automobile such as cars, bikes, and the other high-end vehicles coupled with rise in disposable income and increase in spending in automotive as well as OEM sector. The paint protection film market is expected to witness a CAGR of 6.6% in the forthcoming period. 

Economic stability acts as a booster for Paint Protection Film in a particular geographical market. Other than automobiles and OEM, paint protection film is used against abrasion in smartphones, mobile phones, and the other electronic items. Proliferation of paint protection films for these applications is a crucial factor for market development in the near future.

Paint Protection Film is a robust thermoplastic urethane material applied to painted surfaces to protect the paint from abrasions, bug splatters, mud, debris, sand, and stone chips. PPF films find uses in applications ranging from automobiles, aircrafts, watercrafts, cell phones, smart gadgets, desktop, and laptop screens and many more. Service life of a PPF also needs careful determination. Besides, the PPF films are extremely durable and there is low probability that it may live a shorter life than the vehicle.

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The market witnesses several opportunities for development in near future, such as rising number of OEM and electronic manufacturers, rise in young population with streamline, and customized demands for automobile paints and presence of international brands. However, availability of cheap substitutes at reasonable prices contrary to the original product availability at higher price coupled with high installation costs may fluctuate the market demand ultimately creating challenges for market growth during the given forecast period.

The market is trifurcated into product, application, and geography. Geographical segmentation for Paint Protection Film market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American market is expected to rise at a staggering CAGR in the forthcoming period owing to rising penetration of paint protection films in non-automotive applications coupled with presence of large pool of consumers.

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On the other hand, European market is expected to follow the trend along with presence of OEMs and innovative concepts for automotive paints. EU countries such as Germany and France are major manufacturer and suppliers of paint protection films mainly for defense, automotive and aerospace domain. Asia-Pacific’s Paint Protection Film market is anticipated to grow at a higher CAGR in the forecast period owing to flourishing market in South Korea, Japan, China and India with the presence of PPF manufacturers and substitutes for international brands.

Middle East and African regions are anticipated to grow at a positive CAGR due to rising demand that caters to automotive paint needs in the tropical climate. Shift in consumer patterns with cost benefits is likely to propel the local market in MEA regions. The key players in the Paint Protection Film industry include 3M Company, Lubrizol, SunTek Films, Solar Gard, Topaz, Avery Denison, Argotec, Premier Protective Films, and XPEL Technologies.

Automotive HVAC Market Will Grow CAGR of 8.6% By 2025

“Heating, ventilation and air conditioning (HVAC) is the technology for indoor and automotive ambient comfort. HVAC facilitates in managing the pleasant climate inside the cabin by controlling the degree of hotness/coolness.”

What is a automotive HVAC?

“Heating, ventilation and air conditioning (HVAC) is the technology for indoor and automotive ambient comfort. HVAC facilitates in managing the pleasant climate inside the cabin by controlling the degree of hotness/coolness.”

The global Automotive HVAC Market estimated to grow at a CAGR of 8.6% by the completion of the prediction period. Gushing demand for passenger vehicles and rising necessity for the additional lavish and cozy tourism selections have been boosting the market. Altering ecological circumstances, growing stages of earnings, and increasing populace of intermediate class are projected to increase the development of the market above the period of prediction.

Technical inventions and considerable funds in R&D creativities are expected to improve technical competences of companies. Environmentally friendly HVAC units attached with inventive designs to decrease weight and scope of arrangements for superior flexibility and better-quality vehicle enactment. Process of these HVAC arrangements necessitates substantial power and takes an adverse consequence on fuel budget.

The automobile production has been a foremost supplier, concerning increasing stages of CO2 releases. Moreover, increasing alertness of the customer about declining ecological circumstances has been inspiring customers to swing to environmentally friendly resolutions. Growing government rules to improve energy effective and short discharge resolutions combined with greater maintenance charges are expected to unfavorably disturb the development of the market.

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The automotive heating ventilation and air conditioning (HVAC) market on the source of Type of Vehicle could span Heavy Commercial Vehicle [HCV], Light Commercial Vehicle [LCV], Passenger Cars. The subdivision of “Passenger Car HVAC” was responsible for around three quarters of the general income during the past year. It is likely to witness maximum CAGR for the duration of the prediction. The demand for automotive HVAC systems in Light Commercial Vehicle [LCV], is likewise expected to increase at a strong speed owing to superior economic structures.

The automotive HVAC market on the source of Type of Technology could span Automatic, Manual. The sub division of “Automatic arrangement” is the most important technology sector and is likely to lead the market by the completion of the prediction period. The subdivision was responsible for the maximum income of the general market during the past year. It is projected to record a greater CAGR for the duration of the prediction.

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Increasing demand for automatic automotive HVAC systems could be credited to the developing inclinations of the customer and growing demand for luxury automobiles. Additionally, technical progresses in HVAC machineries for example the measuring device for fogging, automatic controls of temperature and automatic recirculation of the air can support to boost the enactment of the vehicle and decrease the general ingestion of fuel.

The automotive HVAC industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America [U.S.A, Canada, Mexico], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], South America [Argentina, Brazil], Middle East & Africa

By the source of geography, the Asia Pacific is expected to observe important development due to the existence of automobile companies, huge quantity manufacture of automobiles, and the increasing demand for the automobiles in emerging states like China, South Korea and India. Similarly, government inventiveness to resuscitate the automobile business are the factors likely to motivate the market for the duration of the prediction.

North America is expected to witness strong development for the duration of the prediction owing to refining macroeconomic circumstances and growing manufacture of automobile in the area. The area is expected to grow at a higher CAGR for the duration of the prediction. Furthermore, increasing per head earnings of the U.S.A and gushing demand for luxury automobiles are expected to inspire the development of the provincial market above the equivalent period.

The statement revises Trades in terms of intake of automotive HVAC in the market; particularly in North America, Europe, Asia Pacific, South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Del Star Technologies, Engineered Plastic Components, Hanon Systems, Brose Fahrzeugteile GmbH & Co. Kg, Denso Corporation, Calsonic Kansei, Air International Thermal Systems, Keihin Corporation, Johnson Electric Holdings Ltd, Japan Climate Systems Corporation. Additional notable companies operating in the field are Valeo Group, Sensate Technologies Inc., Mahler Behr GmbH, Sanden Holdings Corporation, Japan Climate Systems Corporation, Johnson Electric.

Sodium Silicate Market Will Reach Height of USD 7.84 billion By 2025

increasing demand for sodium silicate from applications such as precipitated silica, detergents, pulp & paper, construction, metal casting, water treatment, and food preservation.

What is a Sodium silicate?

Sodium silicate, also known as “Liquid glass” or “Water glass”, is a compound and usually a colorless transparent solid or white powder. It is soluble in water under prescribed limits. Factors, such as increasing demand for sodium silicate from applications such as precipitated silica, detergents, pulp & paper, construction, metal casting, water treatment, and food preservation. In addition, technological advancements, rising disposable income of people in emerging economies, increasing usage in the construction segment, shifting preferences regarding detergents and cleaning agents and growing demand are likely to drive the sodium silicate industry in forthcoming period.

On the other hand, hazardous effects on human health due to exposure to high concentration of sodium silicate are anticipated to hinder sodium silicate market growth in future. However, increase in demand for environment-friendly binding agents in the construction manufacturing is likely to create lucrative opportunities for the market. Sodium silicate industry is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Sodium silicate market is segmented by form, application, distribution channel, and geography. The market of sodium silicate is segmented by form as Solid Sodium Silicate and Liquid Sodium Silicate. The “Solid Sodium Silicate” segment accounted for a prominent share in the market. It is likely to witness a substantial growth in the years to come. The key factors that could be attributed to the growth of the market includes easy use and easy to store as compared to liquid sodium silicate and low transportation cost.

The key applications are segmented in the sodium silicate industry include Construction, Detergents, Precipitated Silica, Water Treatment, Pulp & Paper, Food Preservation, Metal Casting and Others (Fire Protection, Paints & Coatings, Cosmetics, Catalyst Manufacturing, and Textile). The “Detergents” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.

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The key factors that could be attributed to the growth of the market include rising demand for sodium silicate for the manufacturing of cleansing agent that are used for numerous washing. In addition, cleaning methods, such as industrial or domestic clothes washing, washing bottles, dishes, locomotives, dairy equipment, and floor cleaning, and metal degreasing and cleaning. The sodium silicate market is segmented based on distribution channel as offline and online distribution. The “Offline” segment accounted for a prominent share in the market. It is likely to witness a substantial growth in the years to come.

Asia-Pacific is a leading region in the market. It is likely to maintain a dominance in the forecast period owing to factors, such as rising demand for sodium silicate from applications such as construction and detergents, increasing foreign investments, rising population, development of the pulp and paper industry and rapid urbanization. China is the foremost consumer and producer of sodium silicate. Asia-Pacific is followed by European region owing to the rising demand for the compound in healthcare and pulp & paper applications.

Key players operating in the sodium silicate industry include CIECH Group, BASF SE, GHCL Limited, Evonik Industries AG, IQE Group, Huber Engineered Materials, Nippon Chemical Industrial Co. Ltd., Merck Millipore, PPG Industries Inc., Occidental Petroleum Corporation, Shangyu Huachang Industrial Co. Ltd., PQ Corporation, Sichem Silica Gel Co. Ltd. Shijiazhuang Shuanglian Chemical Industry Co. Ltd. Tata Chemicals Limited, Solvay S.A., W.R. Grace & Company and Tokuyama Corporation. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Ryan Manuel

Research Support Specialist, USA Email: ryan@millioninsights.com

Fog Computing Market Will Accomplish Outstanding USD 617.3 million Figure By 2025

Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment

What is a Fog computing?

“Fog computing or fog networking, also known as fogging, is an architecture that uses edge devices to carry out a substantial amount of computation, storage, and communication locally and routed over the Internet backbone.”

Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a factory floor, top of a power pole or an oil rig, subject having connectivity, computational and storage imperatives.

The primary drivers for fog computing market are inundation of IoT devices with parallel IoT connectivity, subsequent growth in cloud computing market size and Machine to machine (M-M) connectivity. The factors driving the fog computing market size include computational power speed, increased operational efficiency and cost savings across all verticals in the industry.  By type, the fog computing market size spans hardware and software. Software further disintegrates into fog computing platform and customized application software. By Application, the fog computing market size comprises building and home automation, smart energy, smart manufacturing, transport and logistics, connected health, security and emergencies and others-smart environment and smart retail.

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By geography, the market size extends to North America, Europe, Asia Pacific, MEA and Latin America. The increased dominance of the Fog Computing Market by Software is underscored by presence of majority of the players in cloud and IoT ecosystem and would benefit by leveraging the system architecture at platform and applications hierarchy.

Being a software domain, the providers are not stranded with heavy capital investment as would be with hardware, thus boosting the market. The fog computing market by smart manufacturing application is in a transformative phase gravitating towards process automation in the manufacturing sector and IoT with machine-machine connectivity is a relatively untouched area for fog computing market to monitor machine operations in real-time. North America with importance ascribed to Internet of Things (IoT) and displaying economic prosperity is a growing market for fog computing market. Being one among the most technically advanced and developed nations, U.S. and Canada are prime motivators of fog computing market.

Fog networking supports the Internet of Everything concept wherein most of devices of daily-use will be interconnected with each other, with phones, connected vehicles, consumer appliances, virtual reality (VR) using Google glass as prime examples. Virtual Reality (VR) devices work under a 5K environment and at network edge with dynamic feeds (Google glass, tablets, phones) in a cloud/fog scenario to reduce latency times, improve audio/video compression ratios that catches camera feeds in multi-camera systems.

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The key stakeholders in the market include IT infrastructure equipment providers, support infrastructure equipment providers, component providers, software providers, system integrators, network service providers, monitoring service providers, support service providers, professional service providers, distributors and resellers, cloud providers, collocation providers, enterprises and data center vendors, government and standardization bodies, telecom operators, healthcare organizations and financial organizations.

As per an article dated Aug 2016, the verdict goes that IoT or Internet of Things with fog computing drastically turns the tide in favor of the market by getting IoT devices closer to the edge, the only access point for increasing bandwidth and help the medical industry where limitations in internet speed and latency times of IoT are reasons for a sluggish demand of the devices in telemedicine.

Growth in IoT industry owes its success to cloud service providers and inimitable data centers but with connected devices like self-driving cars where a delay of nanoseconds end in mishaps with same going for telemedicine where lives rest on speed and accuracy, a slight delay could prove fatal.

What are the top Fog computing players?

The key industry players spanning the fog computing market size include Microsoft, Cisco, Dell, Intel, Arm Holding, Fujitsu and Schneider Electric Software. PrismTech Corporation, Nebbiolo Technologies and Dell Corporation.

How Methyl Ethyl Ketone (MEK) Market Hit Almost USD 4.01 billion Figure By 2025

What is a Methyl-ethyl-ketone (MEK):

Methyl-ethyl-ketone (MEK) is a colourless and a harsh smelling carbon-based compound. It is commonly identified as butanone. It is characterized by outstanding chemical properties including high viscosity, low boiling point, high solvency and high evaporation rate owing to which it is used as a solvent across several applications.

This liquid has a sweet smell indicated the presence of acetone and butterscotch, hence is produced on a large scale in the industries. Photo-oxidation of air pollutants such as hydrocarbons and butane results in the form of MEK.

It is widely used in industrial applications as it is easily soluble in water. The primary usage of MEK is as a solvent in processes involving gums cellulose acetate, resins and cellulose nitrate. Other end use applications where MEK is used include domestic products such as lacquer and varnishes, synthetic rubber, paraffin wax and glues as well as paint remover.

What is the Methyl-ethyl-ketone Market Size:

The global methyl ethyl ketone (MEK) market was valued at USD 2.56 billion in 2015 and is anticipated to reach USD 4.01 billion by 2024.

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MEK is acts as a natural component in foods, a wide assortment of cheeses, beans, honey, chicken and apple juice. MEK is also found in drinking water and surface water at numerous sites. One can also come I contact with MEK through contact with household products which contains chemicals or even at the workplace. The quantity, frequency and length of exposure can affect the health of a person. Effects can vary from irritation and headaches to severe damage to skin and nervous system. However, with strict government regulations and rising environmental concerns, the market is expected to experience a downturn as MEK has been marked for its harmful nature in Toxic Substances Control Act by EPA among others. Secondary challenges that can hamper market growth include presence of substitute compounds and raw material price sensitivity.

The global MEK market is led by a few manufacturers, particularly based out of China. Despite this, the MEK demand is anticipated to be comparatively slow. Nonetheless, its global supply is expected to rise considerably after the revival of Asia’s leading facility situated in China that had been closed down in 2011 due to damages caused by earthquakes.

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Methyl-ethyl-ketone Market Application:

The compound is used as a solvent in various applications and primarily in paints& coatings and printing inks owing to its properties such as low boiling points and low viscosity. Other applications include rubber-based industrial cement, textiles, plastics, cleaning agents and PVC piping. In the pharmaceutical industry, MEK is used in resins and thinners that are applied as lacquers/solvents. In addition, MEK peroxides are used as a catalytic agent in the polymerization process of polyester resins. Global demand for MEK is driven by the rising demand for paints and coatings from furniture, automobile and infrastructural industries.

The higher solvency and lower density of ketones compared to the corresponding ester substitutes contribute to reduced VOC content just by changing to ketone solvents such as MEK. Owing to the dual functionality, MEK has slow evaporation rate, complete solubility in water and high solvent strength which gives it a unique advantage as a solvent in water-based coatings.

For achieving stable production rates and minimizing operational challenges in the production system of MEK, the primary areas requiring attention are Instrumentation and metallurgy in process control parameters, scheduled maintenance and Inspection and acid handling areas.

Methyl-ethyl-ketone Reginal Demand

The global market is segmented into four regions: North America, Europe, Asia Pacific, and Row. Asia Pacific is expected to dominate the MEK industry and emerge as the market leader. This can be attributed to the steady growth in paints &coatings market resulting from heavy consumption in manufacturing and construction industries. The European market is anticipated to experience uniform growth trends on account of stringent regulations and increasing concerns regarding health and fitness which are restraining the use of methyl ethyl ketone in this region. Market demand in the U.S is projected to be stable, and the declining prices are expected to further increase its demand in the coming years.

What are the methyl ethyl ketone Producer?

Key participants of the methyl ethyl ketone market include Arkema S.A., Shell Chemicals, Exxon Mobil, Sasol Solvents, Maruzen Petrochemical Co Ltd., SK Energy Co Ltd., Petro China, Lanzhou Petrochemicals and Idemitsu Kosan Co. Ltd.

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