Neurology Devices Market Will Generate About USD 10.8 billion By 2025

Neurological devices imply “Interventional neurology” is the non-surgical field that uses minimally invasive, image-guided techniques for the treatment of most complex and dangerous diseases of the brain, neck, and spine.

Global Neurology Devices Market is anticipated to reach USD 10.8 billion by 2022. Neurological devices imply “Interventional neurology” is the non-surgical field that uses minimally invasive, image-guided techniques for the treatment of most complex and dangerous diseases of the brain, neck, and spine.

The factors that propel the growth of the neurology devices market include increasing demand, rapid urbanization & industrialization, and product development & technological innovation, large patient pool, growing number of private hospitals & diagnostic centers, and awareness among people. In addition, some of the other factors such as demand for effective neurovascular devices, favorable medical repayment, new product innovation and commercialization, growth in the number of research activities in the field of neurovascular therapies, and improvements in healthcare infrastructure across emerging markets are expected to drive the market further.

On the other hand, there are factors that may hamper the growth of the market including the high cost of R&D and complicated government approval processes. Neurology devices industry is anticipated to grow 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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Neurology devices market may be explored by product type, technology, end users, distribution channel, and geography. The market may be explored by product type as Neurostimulation (Spinal Cord Stimulation, Sacral Nerve Stimulation, Spinal Cord Stimulation, Deep Brain Stimulation, Gastric Electric Stimulation, and Vagus Nerve Stimulation), Aneurysm Coiling & Embolization Devices (Liquid Embolic Agents, Flow Diversion Devices and Embolic Coils), Neurothrombectomy Devices (Snares, Suction and Aspiration Devices and Clot Retrievers), Cerebral Balloon Angioplasty & Stenting Systems (Embolic Protection Systems and Carotid Artery Stents), and Support Devices (Micro guide wires and Micro catheters).

The “Neurostimulation devices” segment led the neurology devices industry in 2015 and is anticipated to maintain its dominance by 2022. The key factors that may attributed to the growth of market include faster acting stimulation devices, aged population, and the development of minimally invasive neurological and the growing number of chronic CNS disorders.

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Based on technology, the neurology devices market could span Carotid Artery Angioplasty and Stenting, Neurothrombectomy, Embolization and Coiling and Supporting Technologies. The market of neurology devices could be explored based on end users as Ambulatory Surgical Centers, Hospitals and Clinics. The market could be explored based on distribution channel as online stores, specialty stores, and others.

North America accounted for the major market share of the neurology devices in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include privatization of the healthcare sector, favorable reimbursement policies, and technological innovations. On the other hand, the Asia Pacific is expected to show high growth rates in the neurology devices industry. Factors such as large population base, growing awareness, and rising number hospital & clinics.

Some of the key players that fuel the growth of the neurology devices industry comprise B. Braun Melsungen AG, Medtronic, Integra Life Sciences Holdings Corp., Stryker Corporation, Ivanova, St. Jude Medical Inc., Micro port Scientific Corporation and Penumbra Inc. U.S. 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:

Global Neurology Devices Product Outlook (Market Revenue in USD Million, 2012 – 2022 )
    • Neurostimulation
        • Spinal Cord Stimulation
        • Spinal Cord Stimulation
        • Deep Brain Stimulation
        • Sacral Nerve Stimulation
        • Vagus Nerve Stimulation
        • Gastric Electric Stimulation
    • Interventional Neurology
        • Aneurysm Coiling and Embolization
            • Embolic Coils
            • Flow Diversion Devices
            • Liquid Embolic Reagents
        • Neurovascular Catheters
            • Micro Catheters
            • Micro Guidewires
        • Cerebral Balloon Angioplasty &Stents
            • Carotid Artery Stents
            • Filter Devices
            • Balloon Occlusion Devices
        • Neurothromobectomy
            • Clot Retrievers
            • Suction Aspiration Devices
            • Snare Devices
    • CSF Management Devices
        • Cerebral Shunts
        • Cerebral External Drainage
    • Neurosurgery Devices
        • Ultrasonic Aspirators
        • Stereotactic Systems
        • Neuroendoscopes
        • Aneurysm Clips

Global Neurology Devices Regional Outlook (Revenue, USD Million, 2012 – 2022)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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Handheld Imagers Market Will Accomplish Outstanding USD 3.45 billion Figure By 2025

The global Handheld imager market size is expected to value at USD 3.45 billion by 2022. The market is subject to witness a substantial growth due to the increasing demand from various end-user industry verticals. In addition, growing demand from untapped application areas is expected to foster the growth of handheld imagers industry over the forecast period. Rise in IT consumerization and development of advanced micro bolometers, led to the creation of application development landscape.

Massive spending for production of camera-based scanners is predicted to boost the handheld imagers market demand over the forecast period. Use of camera-based solutions offers a high performance ratio, cost-effectiveness and facilitate ease of use, thus propelling market growth over the next seven years. Globally, the handheld imagers industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Technological innovation has led to the miniaturization and development of lightweight handheld imagers, which is expected positively impact market growth over the forecast period. Availability of cost effective handheld imagers owing to mass production, and a wide range of diverse applications integrating this technology are anticipated to be the key market drivers. Further, the handheld imagers market is also expected to witness growth owing to declining product price.

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The handheld imagers industry is broadly categorized into four major segments based on the application type such as building & construction industry, industrial sector, security, and medicine sector. The building & construction industry is considered as one of the fastest growing segment in the market of handheld imagers with substantial revenue generation in the last few years. Growing popularity of handheld imagers in the building & construction segment is attributed to their several benefits such as lower cost, lower power consumption and lightweight quality.

The handheld imagers market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction industry, increase in the number of government mandates that are pertaining to terrorist threats and aviation security, and existence of well-established manufacturing infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the handheld imagers with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, favorable government initiatives, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the handheld imager industry are ULIS, Inc., Fluke Co., Zircon Co., and FLIR Systems, Inc.

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The handheld imagers industry is broadly categorized into four major segments based on the application type such as building & construction industry, industrial sector, security, and medicine sector. The building & construction industry is considered as one of the fastest growing segment in the market of handheld imagers with substantial revenue generation in the last few years. Growing popularity of handheld imagers in the building & construction segment is attributed to their several benefits such as lower cost, lower power consumption and lightweight quality.

The handheld imagers market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction industry, increase in the number of government mandates that are pertaining to terrorist threats and aviation security, and existence of well-established manufacturing infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the handheld imagers with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, favorable government initiatives, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the handheld imager industry are ULIS, Inc., Fluke Co., Zircon Co., and FLIR Systems, Inc.

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Natural Antioxidants Market Is Burgeoning Worldwide By 2025

The global natural antioxidants market is anticipated to rise at a higher CAGR during the forecast period. Natural antioxidants inhibit oxidation process even at smaller proportion and have a physiological role in the human body. From the safety perspective, natural antioxidants prevent plants pollution damage and disease in both animals and plants and in the body defense system.

There are two types of natural antioxidants, natural and synthetic. Natural antioxidants are phenolics and may occur in the whole of plants whereas synthetic antioxidant compounds are stable and penetrate the cells while some of them are administered orally. Commercially, natural antioxidants are heavily demanded in the food sector owing to presence of Vitamin E, C, carotenoids and polyphenols.

Natural antioxidants market is driven by rising demand in cosmetics, food & beverages, pharmaceutical and animal feed. Development of healthcare industry due to consumer spending for medical check-ups and emphasis on government initiatives for basic healthcare facilities is likely to propel the market demand during the forecast period. Rise in adoption of healthcare practices is enlarging the market size. The massive awareness further results in sales of nutraceutical products. The market is now trending for products based on polyphenol.
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Natural antioxidants market is geographically segmented as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Rise in demand for antioxidants for quality animal feed lowers the occurrence of diseases, which in turn is likely to stimulate the market growth during the forecast period.

Asia-Pacific regions are likely to gain a significant growth during the forecast period due to presence of manufacturers for foods and beverages. Presence of pharmaceutical and cosmetic industries helps in enlarging the market size due to growing consumer awareness. The key players profiled in the natural antioxidants market include AB Vista, HR, Hansen, Novozymes A/S, Danisco A/S, Adisseo France S.a.s and BASF SE.

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Global Natural Antioxidants Product Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • Vitamin C
        • Vitamin C market, by application
            • Pharmaceutical
            • Food
            • Beverages
            • Animal feed
    • Vitamin E
        • Vitamin E market, by application
            • Pharmaceutical
            • Food
            • Animal feed
            • Others
    • Polyphenols
        • Polyphenols market, by application
            • Functional beverages
            • Functional food
            • Dietary supplements
            • Others
    • Carotenoids
        • Carotenoids market, by application
            • Pharmaceutical
            • Food
            • Animal feed

Global Natural Antioxidants Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • Pharmaceuticals
    • Food
    • Animal feed
    • Beverage
    • Others

Global Natural Antioxidants Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
    • Latin America
        • Brazil
    • Asia Pacific
        • China
        • India
    • MEA
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IoT Microcontroller (MCU) Market Will Accomplish Outstanding US$ 3.56 billion Figure By 2025

Rise in IT consumerization and development of advanced micro bolometers, led to the creation of application development landscape.

The global Handheld imager market size is expected to value at USD 3.45 billion by 2022. The market is subject to witness a substantial growth due to the increasing demand from various end-user industry verticals. In addition, growing demand from untapped application areas is expected to foster the growth of handheld imagers industry over the forecast period. Rise in IT consumerization and development of advanced micro bolometers, led to the creation of application development landscape.

Massive spending for production of camera-based scanners is predicted to boost the handheld imagers market demand over the forecast period. Use of camera-based solutions offers a high performance ratio, cost-effectiveness and facilitate ease of use, thus propelling market growth over the next seven years. Globally, the handheld imagers industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Technological innovation has led to the miniaturization and development of lightweight handheld imagers, which is expected positively impact market growth over the forecast period. Availability of cost effective handheld imagers owing to mass production, and a wide range of diverse applications integrating this technology are anticipated to be the key market drivers. Further, the handheld imagers market is also expected to witness growth owing to declining product price.

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The handheld imagers industry is broadly categorized into four major segments based on the application type such as building & construction industry, industrial sector, security, and medicine sector. The building & construction industry is considered as one of the fastest growing segment in the market of handheld imagers with substantial revenue generation in the last few years. Growing popularity of handheld imagers in the building & construction segment is attributed to their several benefits such as lower cost, lower power consumption and lightweight quality.

The handheld imagers market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction industry, increase in the number of government mandates that are pertaining to terrorist threats and aviation security, and existence of well-established manufacturing infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the handheld imagers with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, favorable government initiatives, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the handheld imager industry are ULIS, Inc., Fluke Co., Zircon Co., and FLIR Systems, Inc.

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The handheld imagers industry is broadly categorized into four major segments based on the application type such as building & construction industry, industrial sector, security, and medicine sector. The building & construction industry is considered as one of the fastest growing segment in the market of handheld imagers with substantial revenue generation in the last few years. Growing popularity of handheld imagers in the building & construction segment is attributed to their several benefits such as lower cost, lower power consumption and lightweight quality.

The handheld imagers market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction industry, increase in the number of government mandates that are pertaining to terrorist threats and aviation security, and existence of well-established manufacturing infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the handheld imagers with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, favorable government initiatives, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the handheld imager industry are ULIS, Inc., Fluke Co., Zircon Co., and FLIR Systems, Inc.

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Dimer Acid Market Projected To Reach Height of USD 2.30 billion By 2024

Rapid industrialization in developing economies across Asia Pacific and North America is anticipated to stimulate market expansion over the forecast period.

The global dimer acid market size is expected to value at USD 2.30 billion by 2024. The market is subject to witness a substantial growth due to the increasing demand for polyamide type of resins in coatings and adhesives industries. Rapid industrialization in developing economies across Asia Pacific and North America is anticipated to stimulate market expansion over the forecast period.

In addition, rise in the number of manufacturing activities in the BRICS economies such as, Brazil, India, Russia, China, and South Africa is projected to expand market reach of dimer acid industry in the upcoming years. Growing number of infrastructure activities for better residential as well as public infrastructure, particularly in Asia Pacific region are propelling market growth, in the recent years. Globally, the dimer acid market is predicted to grow at CAGR of 4.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Increasing demand from building & construction sector is predicted to amplify market value of dimer acid over the forecast period. In addition, increasing government spending on various infrastructural projects, particularly in the Asia Pacific and South America region are anticipated to fuel market expansion over the coming years. Polyamide resins such as dimer acid are adopted for production of adhesives & construction materials due to their unique structural properties.

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Moreover, oilfield chemicals are used in wide range application involving oil & gas extraction, and processing activities. These chemicals are also widely adopted for drilling, refining, and hydraulic fracturing activities. The factors are expected to play vital role in future growth of dimer acid industry over the next seven years. Common oilfield chemicals, which are used as a raw material, include corrosion & scale inhibitors, wetting agents, surfactants, and demulsifiers.

Shifting trend towards local energy generation rather than energy import, to become self-sufficient and cater to the growing energy demand in developing economies across the Asia Pacific region are expected to fuel market demand for dimer acid in the near future. Rise in the number of drilling activities across the globe to meet growing energy demand is estimated to favor growth of oilfield chemicals, thus fostering dimer acid demand as well.

The dimer acid market is broadly categorized into three major segments based on the application type such as nonreactive polyamide resins, reactive polyamide resins, and oilfield chemicals. The reactive polyamide resins is considered as one of the fastest growing segment in the dimer acid industry with substantial revenue generation in the last few years.

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Growing popularity of the reactive polyamide resins segment is attributed to their growing demand in the building & construction sector, particularly in epoxies & floor coatings in order to improve overall performance. The non-reactive polyamide resins segment has also witnessed substantial growth owing to the increasing use of resins in different industry verticals as a solvents, flexographic printing inks and paper coatings.

The dimer acid market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in coatings and adhesives industries, substantial increase in the number of research & development activities in the region, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the dimer acid with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with favorable regulations and government initiatives, strong economic growth, rapid industrialization and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the dimer acid industry are Florachem Co., BASF SE, AZ Chem Holdings LP, Emery OleochemicalsSdnBhd, Aturex Group, AnqingHongyu Chemical Co., Ltd., Oleon N.V., Novepha Co., Ltd., Harima Chemicals Group, Inc., and Nissan Chemical America Co.

Market Segment:

Global Dimer Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)
    • Nonreactive Polyamide Resins
    • Polyamide Resins
    • Oilfield Chemicals
    • Others

Global Dimer Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)
    • North America
        • U.S
    • Europe
        • Germany
        • UK
    • Asia Pacific
        • India
        • China
    • Central & South America
    • Middle East and Africa

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Geosynthetic Clay Liner Market Projected To Reach Height of USD 488.2 Million By 2025

Global Geosynthetic Clay Liner Market is anticipated to reach USD 488.2 million by 2022. Geosynthetic clay liners are mixtures that comprise two layers of geotextiles that enclose a layer of sodium bentonite. The factors that propel the growth of the geosynthetic clay liner market include increasing demand for geosynthetic clay liner, rising spending for infrastructure development in India, China and Middle East nations, and rising consciousness regarding acceptance of eco-friendly products. On the other hand, there are factors that may hamper the growth of the market including fluctuating prices of raw materials.

Geosynthetic clay liner industry is anticipated to grow at a significant CAGR of 4% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Increasing consciousness regarding acceptance of eco-friendly products has led to the growth of environmental-friendly products in the geosynthetic clay liners market, that is also one of the constant key trends in the geosynthetic clay liners.

Geosynthetic clay liner industry may be explored by type, application, and geography. The market may be explored by type as Bentonite Fluid Loss, Bentonite Swell Index1, Bentonite Mass/Area2, GCL Peel Strength3, GCL Grab Strength3, GCL Hydrated Internal Shear Strength5, GCL Hydraulic Conductivity4 and GCL Index Flux4.The “GCL” segment led the geosynthetic clay liner market in 2015 and is anticipated to maintain its dominance by 2022.

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The key applications that could be explored in the geosynthetic clay liner industry include Roadways & Civil Construction Landfill, and Containment & Wastewater Treatment. The “Roadways & Civil Construction Landfill” segment led the market of geosynthetic clay liner in 2015 and is anticipated to maintain its dominance by 2022.

Asia-Pacific accounted for the major market share of the geosynthetic clay liner in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising construction activity along with significant infrastructural investments in several countries of the region, including India and China, and rising consciousness regarding safe disposing practices. Asia-Pacific is followed by North American region.

Some of the key players that fuel the growth of the geosynthetic clay liners industry comprise CETCO, Nilex Inc., GSE Holdings, Terrafix Geosynthetics Inc., Layfield Group Ltd., Global Synthetics, GEOFABRICS, Wall Tag Pte Ltd and Geotech Systems Limited. 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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Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 – 2022)
    • Containment & Wastewater Treatment
    • Landfill
    • Roadways & Civil Construction
    • Others

Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 – 2022)
    • North America
        • U.S.
    • Europe
        • Germany
    • Asia Pacific
        • China
        • Australia
    • Latin America
        • Brazil
    • MEA
        • Saudi Arabia

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Polyurethane Dispersion (PUD) Market Worth About USD 1.6 billion By 2022

The global Polyurethane Dispersion (PUD) Market size is expected to value at USD 1.6 billion by 2022. The market is subject to witness a substantial growth due to the robust growth in various verticals such as buildings & construction industry, automotive sector, packaging industry, textile and leather industry. Rising demand for leather and textile products from Asia Pacific and North America region are expected to augment market demand for polyurethane dispersion (PUD) over the next seven years. Globally, the polyurethane dispersion (PUD) market is predicted to grow at CAGR of 5.9% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Rapid growth of automotive sector in the Asia Pacific and South-Central America region is one of the major contributing growth factor. Increase in manufacturing of vehicles owing to lower manufacturing cost are anticipated to fuel market demand for polyurethane dispersion (PUD) products. Favorable government initiatives and policies to promote use of polyurethane dispersion (PUD) are expected to offer lucrative growth opportunities for industry participants in the upcoming years. Recent technological advancements in the automotive industry coupled with development of innovative products such as waterborne polyurethane dispersion (PUD) and hot melts coating are anticipated to foster the market growth.

Waterborne polyurethane dispersions (PUDs) coatings and adhesives are water soluble in the nature are commonly preferred over solvent-based polyurethane dispersion (PUD) adhesives due to their eco-friendly nature. Stringent laws & regulation associated with the use of volatile organic compounds (VOCs) that generates hazardous air pollutants (HAPs) are expected to drive the market demand for polyurethane dispersions (PUDs) coatings and adhesives for various industrial as well as commercial applications.

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Polyurethane dispersions (PUDs) coatings and adhesives exhibit properties such as stability, flexibility, easy to use and solubility. Development of ambient-cured (air dried) or baked coatings that are highly flexible with rigid substrates, which are used for production of flooring elements, fabric, leather, metal, plastics and paper. These factors are anticipated to stimulate the growth of polyurethane dispersion (PUD) industry over the forecast period. In addition, polyurethane dispersions (PUDs) are commonly used as graphic art inks, adhesives for shoes and textiles and leather coats. Methylene diphenyl di-isocyanate (MDI), Toluene di-isocyanate (TDI) and polyols are raw materials that are used for manufacturing polyurethane dispersions (PUDs). Volatility in the cost of raw material prices is considered as one of the major challenge faced by polyurethane dispersion market, in the recent years.

The polyurethane dispersion (PUD) industry is broadly categorized into two major segments based on the product type such as water based polyurethane dispersion (PUD) adhesives and solvent-based polyurethane dispersion (PUD) adhesives. The water-based polyurethane dispersion (PUD) adhesives is considered as one of the fastest growing segment in the PUD market with substantial revenue generation in the last few years.

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Growing popularity of the water based polyurethane dispersion (PUD) adhesives segment is attributed to the favorable regulatory norms and rising consummation. The solvent-based polyurethane dispersion (PUD) adhesives segment has witnessed a steady growth due to the increase in consummation of water-based polyurethane dispersion (PUD) adhesives due to their eco-friendly nature.

The PUD industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the buildings & construction industry, automotive sector, and packaging industry, and existence of well-established infrastructure. Asia-Pacific region is predicted to hold major market share in the polyurethane dispersion (PUD) with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth in the region, rapid urbanization, substantial growth in various end-user industries, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the polyurethane dispersion industry are Alberdingk Boley, Inc., BASF S.E., Cytec Industries, Inc., Covestro, Chemtura Co., Dow Chemical Company Pvt., Ltd., Hauthaway Co., Mitsui Chemicals, Inc., and Lubrizol Co.

Market Segment:

PUD Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Water-based dispersions
    • Solvent-based dispersions

PUD Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Textile Finishing
    • Natural Leather Finishing
    • Synthetic Leather
    • Others

PUD Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • North America
    • Europe
    • Asia Pacific
    • Central & South America
    • Middle East & Africa

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Refinery Catalyst Market Is Burgeoning Worldwide By 2025

The global Polyurethane Dispersion (PUD) Market size is expected to value at USD 1.6 billion by 2022. The market is subject to witness a substantial growth due to the robust growth in various verticals such as buildings & construction industry, automotive sector, packaging industry, textile and leather industry. Rising demand for leather and textile products from Asia Pacific and North America region are expected to augment market demand for polyurethane dispersion (PUD) over the next seven years. Globally, the polyurethane dispersion (PUD) market is predicted to grow at CAGR of 5.9% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Rapid growth of automotive sector in the Asia Pacific and South-Central America region is one of the major contributing growth factor. Increase in manufacturing of vehicles owing to lower manufacturing cost are anticipated to fuel market demand for polyurethane dispersion (PUD) products. Favorable government initiatives and policies to promote use of polyurethane dispersion (PUD) are expected to offer lucrative growth opportunities for industry participants in the upcoming years. Recent technological advancements in the automotive industry coupled with development of innovative products such as waterborne polyurethane dispersion (PUD) and hot melts coating are anticipated to foster the market growth.

Waterborne polyurethane dispersions (PUDs) coatings and adhesives are water soluble in the nature are commonly preferred over solvent-based polyurethane dispersion (PUD) adhesives due to their eco-friendly nature. Stringent laws & regulation associated with the use of volatile organic compounds (VOCs) that generates hazardous air pollutants (HAPs) are expected to drive the market demand for polyurethane dispersions (PUDs) coatings and adhesives for various industrial as well as commercial applications.

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Polyurethane dispersions (PUDs) coatings and adhesives exhibit properties such as stability, flexibility, easy to use and solubility. Development of ambient-cured (air dried) or baked coatings that are highly flexible with rigid substrates, which are used for production of flooring elements, fabric, leather, metal, plastics and paper. These factors are anticipated to stimulate the growth of polyurethane dispersion (PUD) industry over the forecast period. In addition, polyurethane dispersions (PUDs) are commonly used as graphic art inks, adhesives for shoes and textiles and leather coats. Methylene diphenyl di-isocyanate (MDI), Toluene di-isocyanate (TDI) and polyols are raw materials that are used for manufacturing polyurethane dispersions (PUDs). Volatility in the cost of raw material prices is considered as one of the major challenge faced by polyurethane dispersion market, in the recent years.

The polyurethane dispersion (PUD) industry is broadly categorized into two major segments based on the product type such as water based polyurethane dispersion (PUD) adhesives and solvent-based polyurethane dispersion (PUD) adhesives. The water-based polyurethane dispersion (PUD) adhesives is considered as one of the fastest growing segment in the PUD market with substantial revenue generation in the last few years.

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Growing popularity of the water based polyurethane dispersion (PUD) adhesives segment is attributed to the favorable regulatory norms and rising consummation. The solvent-based polyurethane dispersion (PUD) adhesives segment has witnessed a steady growth due to the increase in consummation of water-based polyurethane dispersion (PUD) adhesives due to their eco-friendly nature.

The PUD industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the buildings & construction industry, automotive sector, and packaging industry, and existence of well-established infrastructure. Asia-Pacific region is predicted to hold major market share in the polyurethane dispersion (PUD) with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth in the region, rapid urbanization, substantial growth in various end-user industries, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the polyurethane dispersion industry are Alberdingk Boley, Inc., BASF S.E., Cytec Industries, Inc., Covestro, Chemtura Co., Dow Chemical Company Pvt., Ltd., Hauthaway Co., Mitsui Chemicals, Inc., and Lubrizol Co.

Market Segment:

PUD Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Water-based dispersions
    • Solvent-based dispersions

PUD Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Textile Finishing
    • Natural Leather Finishing
    • Synthetic Leather
    • Others

PUD Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • North America
    • Europe
    • Asia Pacific
    • Central & South America
    • Middle East & Africa

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Rear Axle Market Will Accomplish Outstanding USD 57.77 billion Figure By 2025

Global Rear Axle Market is expected to reach USD 57.77 billion by 2024. Rear axle is also termed as driving axle. It lies between driving wheels and the differential gear that transmits torque/power from the propeller shaft or directly from the gearbox to the driving wheels. The rear axle market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of rear axle market are growing transport infrastructure and rising production of trailers and trucks with lightweight components. However, high production cost may restrain overall market growth in the years to come. Rear axle market is segmented based on type, application, and region.

Lift, drive, dead rear axle are the types that could be explored in Rear Axle in the forecast period. The “dead rear axle” sector is estimated to grow at the highest CAGR in the years to come. The reason behind the overall market growth could be growing transportation infrastructure and is exclusively used in specific heavy construction machinery, heavy trailers and trucks, and farm machinery mainly for load bearing purpose.

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The market may be categorized based on applications like railways, heavy vehicles, MUV, luxury vehicles, SUV, executive vehicles, economy vehicles, and others could be explored in Rear Axle in the forecast period. The heavy vehicles sector accounted for the substantial market share of Rear Axle and is estimated to continue its dominance in the years to come. The reason behind the overall market growth could be it advances customer loyalty and services toward heavy vehicles. Also, luxury vehicles sector is estimated to grow at highest CAGR in the years to come.

Globally, North America accounted for the significant market share of Rear Axle and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in this region and a huge investment in All Wheel Drive (AWD) vehicles. The United States is a major consumer of Rear Axle and is estimated to lead the overall market in the years to come.

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Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise rising manufacturing units of the rear axle in developing countries like China, Japan, and Korea.

The key players of rear axle industry are ROC Spicer Ltd., American Axle & Manufacturing Holdings, Daimler Trucks North America LLC, Dana Holding Corporation, Meritor, Inc., Automotive Axles Limited, Talbros Engineering Limited, and GNA Axles Ltd. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Rear Axle Type Outlook (Revenue, USD Million; 2015 – 2024)
    • Drive
    • Dead
    • Lift

Rear Axle Application Outlook (Revenue, USD Million; 2015 – 2024)
    • Heavy vehicles
    • Luxury vehicles
    • Executive vehicles
    • Economy vehicle
    • SUV
    • MUV
    • Railways

Rear Axle Regional Outlook (Revenue, USD Million; 2015 – 2024)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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Passive Optical Network (PON) Market Projected To Reach Height of US$ 5.83 billion By 2025

Growing improvement in the network machineries and the increasing necessity for a speedy grid are likely to power the progress of the market in 4G bearing amenities.

The Global Passive Optical Network (PON) Market was appreciated by US$ 5.83 billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction. Growing improvement in the network machineries and the increasing necessity for a speedy grid are likely to power the progress of the market in 4G bearing amenities.

Passive Optical Network (PON) is a machinery of telecommunications. It makes use of devoted optical Fiber to deliver almost limitless bandwidth, deprived of consuming some intensifying mechanisms inside the grid. It is a point-to-multipoint, Fiber to the premises [FTTP] grid structural design, permits the service suppliers to distribute limitless cybernetic bandwidth for communicating information, video and audio at the same time on a grid.

Passive Optical Network (PON) is a profitable expertise. It permits a number of clienteles to part the similar connection, deprived of any lively mechanisms. Increasing sum of linked apparatuses, constant acceptance of cloud centered amenities, and increasing end user and commercial Internet of Things [IoT] uses, are expected to additionally speed up the development of passive optical network market.

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Furthermore, decreasing price tag of Ethernet equipment and fiber optics together with the incessant acceptance of optical fiber expertise in Metropolitan Area Network [MAN], Wide-Area Network [WAN] and Local Area Network [LAN], are likely to trigger the development of international market of passive optical network. On the other hand, greater investment required for the development of the passive optical network is the reason recognized such as a limitation for the development of international market of passive optical network.

The market on the source of Type of Application could span Mobile Backhaul, FTTx. The market on the source of Type of Component could span Optical Line Terminal [OLT], ONT. The subdivision of ONT is estimated to observe an important expansion at a CAGR of 21% for the duration of prediction. Though OLT is located at the crucial place of the service supplier, ONT is located at the end-user locations. EPON and GPON together practice ONT and OLT. The market on the source of Type of Structure could span WDM-PON, GPON EPON.

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The 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 could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa.

By the source of geography, the market in Europe is likely to pay considerably to the development of PON business above the prediction period. The development could be credited to the participation of the administrative agencies in the area such as a fiscal supporter along with a partner. The provincial administration performs a significant part in the progress of a strong ecology of business performers, merchandises, and services, furthermore to generate consciousness for PON services.

The PON market for Asia Pacific is estimated to observe an important development at a CAGR of 20%, for the duration of prediction, due to growing demand for the greater bandwidth, from the nations similar to China, India and Japan. Growing funds for the research and development activities and the usage of the internet data too estimated to trigger the provincial development.

The statement revises Trades in terms of intake of Passive Optical Network (PON) in the market; particularly in North America, Europe, Asia Pacific, Latin 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 Sumitomo Electric Networks Inc., Verizon Communications Inc., Tellabs Inc., Freescale Semiconductor Inc., Hitachi Ltd., and Mitsubishi Electric Corp.

Additional notable companies operating in the field are TP-Link Technologies Co., Ltd., Huawei Technologies Co., Ltd., NXP Semiconductors, FUJITSU, Nokia, Extra link, ADTRAN, Inc., Calix, and ZTE Corporation.

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