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Thermoplastic Elastomers Market Set Close To USD 7.82 billion From 2024

Asia Pacific thermoplastic elastomers market size was USD 4.63 billion in 2014 and is anticipated to reach over USD 7.82 billion by 2022. It is expected to witness substantial growth over the forecast period owing to growing automotive manufacturing in countries such as India, China, Indonesia and Thailand. The introduction of government policies that support investment along with private players emphasizing on enhancing technologies is anticipated to further fuel market demand.

TPEs have superior properties such as moisture resistance, excellent elasticity and flexibility and tactile grip and hence are widely used in automotive components. Demand from other industries such as footwear, medical devices, and electronics is expected to remain a key driving factor for growth over the forecast period. Growth in demand is expected owing to the ease of recycling and processing with negligible emission is anticipated to result in higher demand. They have replaced thermosets in varied applications including medical devices and electronic components. TPE are gaining prominence mainly on account of the high degree of purity, low level of extractable compounds, cost effectiveness and recycling ability. They are popularly known as an ideal substitute for latex and PVC owing to above-mentioned factors.

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Block copolymers and ionomers are the major raw materials for manufacturing TPE. Block copolymer process utilizes SBS rubber (styrene-butadiene-styrene) formed by combining a long block of polybutadiene with a short block of polystyrene where as ionomer process includes copolymers of ethylene and methacrylic acid. Increasing disposable income, rapid industrialization, and economic progress has progressively fostered automotive, electronics and consumer goods sectors, resulting in higher demand for component manufacturing end-uses. This aspect is likely to boost market growth, especially in India and China.

Improvement in the production process has propelled demand for biodegradable and recyclable TPE producing less scrap material. Additionally, packaging application segment is expected to witness exponential growth owing to increasing demand for transparent product packaging in different markets including consumer goods, electronics and medical applications. Other growing industries are projected to boost thermoplastic elastomers in personal care products, footwear, wire and cable, clothing applications and sports and leisure equipment.

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Market players may have to confront major barriers to substitute rubber materials. Key companies are gradually undertaking new product development and innovation to allow entry into new marketplaces where rubber remains the dominant most applications.
Product Insights

SBC accounted for 50% of the overall volume and emerged as the largest application segment in 2014. Demand for hydrogenated SBC is catching momentum in sealants, adhesives, coatings, films and coating applications on account of its superior pressure sensitivity. Rising demand from applications including footwear, advanced materials and paving & roofing is expected to further improve industry growth over the forecast period.

TPO finds its widespread applications in automotive industry such as fascia systems, instrument panels and bumpers. It emerged as the second most consumed product in the market. Key automotive OEMs are increasingly adopting plastics in automotive components as a substitute for alloys and metals in order to reduce weight, improve structural strength and gain chemical resistance.

TPV is estimated to experience the highest growth at a CAGR of 7.4% over the forecast period amongst all products from 2015 to 2022. TPV is broadly used in fluid handling, consumer good sand automotive applications. Growing usage of TPV in the automotive sector, such as interiors and under the hood components, on account of its high oil and heat resistance, is anticipated to be an important driving factor for market growth over the forecast period. TPU is mostly used in construction, hose & tubing, wire & cables and automotive. Its superior thermal insulation and acoustic properties, when compared to thermoset PU, plays a vital role contributing toits consumption in the above-mentioned applications.

Slideway Oil Market Will Generate About USD 94.78 billion By 2024

Global slideway oil market size was USD 60.61 billion in 2014 and is projected to reach USD 94.78 billion by 2022. Increasing demand from industrial, automotive and construction sectors owing to the lubrication, corrosion and anti-wear properties is anticipated to drive the global slide way oil market growth over the forecast period. Preventive maintenance incorporating the use of slideway oils is used by the companies for industrial machinery maintenance in order to reduce the operational costs. Emerging machinery demand by industries such as food & beverages and automotive for slideway lubricants including industrial, metal working and processing fluids is expected to fuel product demand.

Technological advancements have led to the development of products possessing anti slip and pressure handling properties. Adoption of these products facilitates resistance to oxidation, foaming and rusting and has major application in cold heading applications. Increasing shelf of machinery and efficiency coupled with reduction in down time are significant benefits of using the slideway oils. Owing to superior adhesion properties, oil consumption significantly reduces by the use of slideway applications.

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The major challenges for the industry are compliance with the stringent government regulations including EPA, EU & REACH along with confronting high prices associated with the raw materials. Dealing with contamination from water based coolants and metalworking fluids pose another challenge which is primarily associated with the product usage. Companies are focusing on overcoming frictional challenges by shuddering and resistance which in turn is expected to create significant growth opportunities for the industry over next seven years.

Technological proliferations have led to the emergence of ISOVG 68, ISO VG 100, ISO VG 32 and ISO VG 220. These products grades exhibit different viscosities which makes them applicable in various sectors. Owing to the increasing use of horizontal slideways, ISO VG 68 is widely adopted worldwide. Large machines prominently utilize the product for circulating applications. Due to high lubrication properties, this technology is extensively employed as moderate duty hydraulic fluid and used in manufacturing gear oil. High pressure and precision working conditions essentially deploy ISO VG 220 which is anticipated to grow at CAGR of more than 5% over the next eight years. Inclined and vertical slide way also use ISO VG 220 to overcome the drain down problem, thereby contributing to the overall market growth.

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Growing automotive production in Indonesia, Japan, India, South Korea, Malaysia, Taiwan and China is anticipated to increase the regional demand. Advancements in road & rail network and rapid economic growth coupled with increasing government spending on infrastructural developments may further catapult the industry growth over the forecast period. India is anticipated to witness high demand for product owing to increasing industrialization along with government support for vehicle manufacturing. Emerging consumer needs for personal & commercial conveyance has led to the increasing demand for components and vehicle production which in turn may propel the product demand. Due to 100% FDI in automobile sector, the manufacturing sector is expected to witness growth which in turn will hike the sideway oil product segment over the forecast period.

Need for machinery in the end use industries such as automotive, construction and food & beverage may significantly fuel the demand in North America. Key players in the market include ExxonMobil, Fuch, Shell, Chevron, Valvoline, Castrol, Sinopec and BP. 40% of the total demand is catered by Shell, BP, ExxonMobil, and Fuch. These companies are increasingly adopting the strategy of joint ventures, business sell offs and technological advancements in order to gain competitive edge.

Specialty and High Performance Films Market Will Generate About USD 57.26 billion By 2024

The global specialty and high performance films market size was USD 32.61 Billion in 2015 and is expected to reach USD 57.26 billion by 2024. Increasing demand for high tensile and durable packaging materials coupled with properties such as chemical resistant is expected to drive the market growth over the forecast period. These films are majorly used in packaging market for food and beverages, construction industries and decorative interiors. Thus increasing demand for these markets is expected to positively affect the market growth of performance films.

Growing need for electronics and solar PV coupled with increasing applications is expected to steer the market growth.These films are extensively used in semiconductors and PV cells Technological innovation and advancements of material films are anticipated to boost the market demand Specialty & high-performance films are made of engineered and composite plastic materials produced from different polymers including fluoropolymer, polycarbonate and polyester and exhibit exceptional properties such as chemical stability, resistance to heat, high barrier and tensile strength. The major factor that pose a challenge to the market is expected to the fluctuating prices of raw materials including naphtha and crude oil.

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Growing environmental concerns and increasing regulations on the use of plastics is expected to restraint market growth over the next six years.Innovation and development of reusable engineered plastics and increasing demand for biodegradable plastic film is anticipated to generate future opportunities for the industry players. On the basis of polymer type the global market has been segmented into nylon, fluoropolymers, polycarbonate, polyesters, polypropylene, and polyethylene. Polyester film is expected to have the largest share in the market owing to its excellent flexible and thermal properties. Nylon and polycarbonate are expected to be the fastest growing segments in the market. Polycarbonate is a transparent film that can be easily thermoformed and molded. It also provides excellent ink adhesion and is widely being used in graphic, blended and light diffusing films.

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Fluoropolymers are expected to have low growth rate over the forecast period due to increasing regulations for halo polymers by environmental protection agency and REACHGrowing demand for bio based materials is anticipated to producenew dynamic product trends in the future. On the basis of applications, the specialty and high performance films has been segmented into Safety and security, Microporous, Barrier, Decorative. Other niche applications include water soluble, Biodegradable, and light control. Barrier is expected to constitute the highest market share owing to increasing demand for these films in semiconductor insulators and solar PV modules. Growing adoption of renewable forms of energy sources such as solar panels to generate electricity is expected to be the driving factor for the market growth in this segment.

Microporous and decorative films are expected to witness high growth rate over the forecast period owing to growing demand for food processing, interior decoration and long lasting electronics lamination are expected to steer the demand of these films over the forecast period. Increasing investments in research and development coupled with growing adoption of biodegradable plastics is expected to form an opportunity for the market growth in the future.

On the basis of end use segment, the global market has been segmented into Automobile, Personal care products, Packaging, Electrical & electronic, and Construction. Other segments include shopping bags and Sportswear. Packaging industry has been the largest end use segment accounting over 65% of the total market share in 2012.Growing demand for flexible packaging in consumer goods and food industry coupled with consumer awareness for better hygiene products is anticipated to steer the market demand of specialty films.

Electrical and electronic industry is expected to witness significant growth rate owing to growing investments in technical and new electronic devices for high and efficient performance. The growing application of light and safety control films in construction industry is expected to achieve anoptimistic outlook on high performance films. Asia Pacific is expected to have the highest share in the global market and is expected to continueits dominance in the next seven years. Increasing manufacturing facilities of automotive industrycoupled with growing electronics manufacturing bases is expected to steer the market growth in this region. Favorable government regulations and presence of key raw material manufacturers of specialty films can be attributed as one of the major factor driving the market.Growing demand for processed and frozen food & beverages in Europe and North America is anticipated to boost market demand for high-performance films.

Key industry players in the market include Dow Chemicals, Bemis Company Inc. Evonik Industries, and Honeywell. Other industry participants are DuPont, Bayer, 3M, Sealed Air Corporation and Eastman. The market is highly fragmented with the presence of many manufacturers competing globally. Overall profitability is expected to be low owing to high industry rivalry Global vendors compete by application development and product differentiation.

Borage Oil Market Will Reach Height of USD 54.9 million By 2024

Global borage oil market was estimated at 1,500 tons in 2015. Nutraceuticals and bio-based cosmetics are anticipated to be the key factors influencing market growth over the forecast period. The global borage oil market is anticipated to reach USD 54.9 million by 2024. High gamma linolenic acid (GLA) content has resulted in high demand for Borage (starflower) oil despite several other plant oils including evening primrose oil and black currant seed oil containing GLA and providing similar health benefits, borage oil has gained prominence owing to higher GLA content compared to its counterparts. For instance, black current seed oil contains nearly 14% to 17% and evening primrose contains approximately 10% to 15%. On the other hand, GLA content in borage oil is approximately 20% to 25%. GLA is rich in omega-6 fatty acid which is essential for the human body, but the human body is incapable of producing the same by itself which necessitates the external supply of GLA. Borage oil benefits consumers by effectively treating and preventing health disorders pertaining to fatty acid metabolism.

Borage crop is cultivated in several countries for its seed oil. Majorly produced in Canada, New Zealand and the UK, in earlier times it was considered to belong only to the Mediterranean region. The borage oil production varies widely with some years of oversupply and some years of under-supply. Canada, which is one of the major borage seed producers has been highly unstable in the recent times. Favorable weather conditions in Canada have benefitted borage growers to a great extent as it helps them grow good quality seeds at lower costs. Nevertheless, there is a high risk of crop failure due to erratic early frost in the region. Borage seed prices lie in the range of USD 2.5 to 4 per kg and the production varies between 500 to 2000 tons per annum. Such high variations in the raw material supply and their prices are anticipated to be the major restraining the factor affecting market growth.

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In 2015, medical application segment constituted for more than 35.0% of the overall borage oil demand. Borage oil aids in the treatment of serious diseases including obesity, eczema, rheumatoid arthritis, heart disease, premenstrual syndrome, cough, stroke, depression, asthma and diabetes.

Borage oil is used as a combination with other base oils in the nutraceutical segment. Additionally, it is used as anti-inflammatory drugs. With the market growing at a CAGR of above 5%, along with being the largest segment, the medical sector is anticipated to be the fastest-growing application over the forecast period. Further, borage oil capsules that have several health benefits are also available in the market.

Borage oil is widely used in the cosmetics segment including cleansers, moisturizers, skin care and anti-aging products, hair treatment and body care owing to their antioxidant and anti-inflammatory properties. It is used as food additives in functional foods, meal supplement and breakfast cereals.

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Borage oil has widespread usage across cosmetics and pharmaceuticals industry witness major demand in the Asia Pacific region. Asia Pacific borage oil market dominated the market and contributed to over 30% of overall demand in 2015. This huge demand can be ascribed primarily to growing production levels of pharmaceutical drugs, cosmetics and nutraceuticals. Pharmaceutical and cosmetic manufacturers have been focusing on developing countries such as India, China and Indonesia as their major manufacturing units. This has propelled demand for raw material supplies in the region.

Borage oil market in North America is anticipated to be driven on account of growing demand for natural and organic cosmetics. North America starflower oil market is projected to grow at an estimated CAGR exceeding 5% in the next eight years. Constant efforts by research institutions in order to identify the medical potential of borage oil are anticipated to improve the overall consumption level from 2016 to 2024. Additionally, the region has been concentrating on enhancing starflower oil consumption in food application such as functional food additives and dietary supplements.

Europe is a prime location for borage oil production owing to its favorable soil and weather conditions. High GLA and oil content in UK grown starflower make it the best quality seed available in the market. The presence of large skincare and haircare producers including Unilever and L’Oréal are expected to serve the European market and result in high starflower oil demand over the forecast period. These companies have been emphasizing on bio-based cosmetic development that is expected to augment market demand.

Cystic Fibrosis (CF) Therapeutics Market Will Reach Height of USD 13.9 billion By 2024

The global cystic fibrosis (CF) therapeutics market is expected to be valued at USD 13.9 billion with CAGR of 16.7% over the forecast period. Cystic fibrosis (CF) is a severe disease that causes overall damage to lungs, digestive systems and other organs in the body. In this state, CF affects the cells that are responsible for sweat, mucus digestive and fluid juices. These juices are normally thin and slippery but patients suffering from cystic fibrosis experience thick blockage in lungs and other organs, as this affects the cells that regulate digestive and fluid juices causing them to become an obstacle rather than carriers. The cells instead of acting as a lubricant become sticky and thick, thus blocking up lungs, pancreas and other organs in the body. Medically this disease is termed as mucoviscidosis.

The major driving factors of this market rely significantly on extensive R&D. As the ongoing R&D activities have boosted the CF therapeutics market and witnesses a lucrative growth in the upcoming years. The other driving factors like awareness for cystic fibrosis therapy, technological advancements in R&D attribute to the success of market growth. However, high costs of treatment and R&D, entangled pathophysiology, rising rate in genetic mutation are some factors that may cause to hinder the market growth. On the basis of therapeutics, the global market is segmented into pulmozyme, TOBI, kalydeco, Cayston, Arikace, Aeroquin and others.

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Cystic Fibrosis Trans membrane Conductance Regulators (CFTR) modulators treat the root cause of disease rather than symptoms, resulting in improving the lives of patients. Kalydeco is the first CFTR modulator to enter the market and had a large impact on the value of market though it treated a small proportion of CF patients. Pricing will be premium for CFTR modulators due to the therapeutic benefits. Symptomatic therapies will continue to be a necessary part in conjunction with CFTR modules. Comparatively, the antibiotics segment is expected to gain second importance owing to the competitiveness and novel market entrants.

A multi-resistant superbug infection that can prove fatal for patients suffering from cystic fibrosis (CF) has spread globally and is becoming viral, according to the British researchers. Moreover, it has not only gone viral but is evolved and capable to jump from patient to patient, according Andres Floto, a Cambridge University professor. Adding further, he said that as the superbug has become resistant to various antibiotics; it is also difficult to treat it successfully. As a part of treatment infected patients may need more than a year of treatment with a combination of strong antibiotics and the ratio of cure is one in three.

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The market is segmented on the basis of geography which includes North America, Europe, Asia-Pacific, Middle-east and Africa. The European region dominates the global market scenario and is considered as the most fertile market which is also followed by North America. Asia-pacific regions are considered to be the least important market owing to less prevalence of the disorder. The key players include Novartis International AG, Chiesi Farmaceutici SpA, Vertex Pharmaceuticals, Genentech, Inc., and Gilead Sciences, Inc. Vertex Pharmaceuticals is the developer of kalydeco and expected to be a key player in the global market.

Market Segmentation

Cystic Fibrosis Therapeutics Drug Class Outlook (Revenue, USD Million, 2014 – 2025)
• Pancreatic enzyme supplements
• Mucolytics
• Bronchodilators
• CFTR modulators

Metal and ceramic injection molding Market Will Flourish Worldwide

Global Metal and ceramic injection molding market is expected to experience brisk over the forecast period growth due to increased demand for minimal invasive cosmetic surgery in the developed regions. Huge investment by manufactures in this industry is presumed to fuel the Metal and ceramic injection molding market growth over the next eight year period.

Metal injection molding (MIM) and ceramic injection molding (CIM) technology are complex processes in which materials such as metals & ceramic are put into machined techniques. The procedure is managed with high accuracy and precision to provide the required products for a particular industry. Metal and ceramic injection molding technologies functions as two segments in powder injection molding (PIM). PIM comprising MIM and CIM is innovative manufacturing technologies to produce complex and high volume net-shaped components. The components are made with the metal and ceramic powder usage. The materials which are used to manufacture several end components include titanium alloys, stainless steel, soft magnetic alloys, and low-alloy steels. The end components manufactured include medical equipment, electronic gadgets, firearms, and automotive components for a varied range of end-user industries. These technologies provide the design flexibility for unlimited material choice offered by the powder metallurgy (powdered ceramic and metal).

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Rapid industrialisation across the world is estimated to fuel the market growth over the forecast period. Huge growth in automobile industry coupled with heavy production the demand for this technology is presumed to have positive impact on the industry growth in the near future. Growth and development in medical & healthcare sector is expected to further boost the industry growth over the next eight year period. Rise in disposable income and automobile industry expansion is developing regions is estimated to enhance the market growth. Several advantageous characteristics involved with the usage of these technologies is presumed to contribute for the Metal and ceramic injection molding market expansion. It advances lenience capacity involved with investment casting moreover it increases mechanical strength, and improves the products shape limitation.

The low cost along with complex designing capabilities, MIM and CIS technology deliver higher economy of scale and reduce the time taken to manufacture a product by eliminating production steps such as finishing and machining. The manufacturing process involves mainly four steps in metal and ceramic injection molding feedstock preparation, debinding injection modelling and sintering. Increasing demand for consumer product such as eyeglasses and watches is expected to further enhance the growth in the near future for metal and ceramic injection molding market. Growing firearms industry is presumed to further propel the metal and ceramic injection molding technologies demand. Heavy demand for minimal invasive cosmetic surgery in the developed regions is expected to boost the industry growth.

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Limitation on finished fragments size and weight is presumed to hinder the market demand in the near future. Several new applications for powder injection molding is presumed to open new opportunity for the industry vendors over the next eight year period. High substitution threat from other molding technique due to user friendly easy availability characteristics is expected to challenge the industry demand. Moreover, substitute techniques properties such as easy tooling, cost effective operation and, moderate working requirements has challenged the industry growth in recent years.

The metal and ceramic injection molding market can be classified based on end users as automotive, medical & healthcare, consumer’s product, aerospace, industrial machinery, electronics and defense among several others. Key regional markets include North America, Central & South America, Europe, Middle East & Africa, and Asia Pacific. Developed regions such as North America are estimated to witness positive growth over the next eight year period owing to huge demand form healthcare sector. Europe is expected to witness rapid growth due to increase in demand from Germany and Italy based automotive manufacturers. Developing regions such as Asia Pacific and Central & South America are expected to experience rapid growth in industry over the next eight years period owing to rising awareness, rise in disposable income and high demand for metal and ceramic devices. Emerging economies such as India and China is presumed to have huge growth in the near future due to rapid industrialization. Innovation and development towards quality product is anticipated to further enhance the growth in this region in near future.

Vendors are investing on research and development to generate advanced product which give them competitive advantage over other vendors. The companies are expected to take strong measures to gain market share and to deliver better quality product demand. Prominent industry participants include AB Components, Hong Ya Industrial, Abbot Furnace Company, Cypress Industries, G-Mag International, Datumag Inc., Affinity International LLC., and Britt Manufacturing Co.

Electric Vehicle Plastics Market Outlook & Worldwide Foresight to 2024

An electric vehicle uses one or more electric motors or traction motor for propulsion. It may be powered via a collector system by electricity or may be self-contained with a battery or generator to convert fuel into electricity. These include road & rail vehicles, surface & underwater vessels, electric aircraft & electric spacecraft. On contrary, to traditional vehicles which possessed internal combustion engine (ICE) is now getting blurred with usage of electric vehicles which run on conventional energy or electricity. With the growing approach towards electric vehicles (EV), plastic materials play a pivotal role in helping to reduce carbon emissions or dependence on petroleum. By using plastics in EV, the weight of the vehicle can be reduced upto 40%. Additionally, high performance polymers and elastomers are used to integrate components and functions. The miniaturization helps in reducing space and improves packaging.

The major market drivers for the global electric vehicle plastics market share include strict emission norms & regulations leading to minimizing weight of passenger cars& government initiatives to encourage adoption for electric vehicles. Therefore, the electric vehicle plastics market share is estimated to grow at a higher CAGR during the forecast period. However, a key factor restraining the market share is the lack of charging stations for BEV operated vehicles & HEV operated vehicles. Thus, charging infrastructure is significant for the growth of electric vehicles as in case of BEV and PHEV.

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On the basis of vehicle type, the global electric vehicle plastics market share is segmented as BEV, HEV, PHEV. BEV segment is likely to dominate the global market share for the forecast period owing to rising innovations, environmental concerns, strict emission regulation and norms. Additionally, government initiatives in the form of introducing various tax & non-tax incentives for electric vehicle owners have boosted the plastic growth employed in these BEVs. On the basis of material, the global electric vehicle plastics market share is segmented as PP, PE, ABS, PVC, PA, Nylon 6/6, Nylon 6, polycarbonate, PVB and other engineering resins.

PP is the fastest growing segment owing to features like better heat resistance, protection from UV rays, high strength & flexibility. On the basis of application, the global market for electric vehicle plastics market is segmented as interior, exterior, lighting & electric wiring and under the hood. Polyurethanes is estimated to be the largest growing sector and is predicted to dominate the market for the forecast period owing to its use in seating, electric wiring and hard plastic parts.

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On the basis of geographic segmentation, the global market for electric vehicle plastics market includes North America, Europe, Asia-Oceania, Middle-East & Africa. Asia-Oceania is predicted to dominate the electric vehicle plastics market and is estimated to grow at a higher CAGR during the forecast period. Asia-Oceania is an emerging market for electric vehicles in the recent years. Government initiatives in the form of incentives to support the demand for electric vehicles market have also boosted the market.

Faraday Future, a 2015 startup jumped into the electric vehicle market with a view to challenge Tesla electric motor and announced a big news about its plans to build a factor outside Las Vegas and that raised curiosity among the masses especially for its financial support. However, the startup has stopped construction owing to parent’s company financial problems. The Chinese company LeEco has funded Faraday Future but now has lost his fortune owing to the market fluctuations in his own native country. So, now Faraday Future would showcase its first production car at the CES 2017, the international electronics show in Las Vegas from Jan 5-8. The key players in the global electric vehicles market include BASF SE, The Dow Chemical Company, Tesla Motors, Ineos Capital Limited, and the plastics are supplied to automotive OEMs such as Nissan, Chevrolet, and Volkswagen AG.

Cloud Collaboration Market Is Rapidly Escalating Worldwide 2021

Organizations coupled with data-intensive solutions offering high scalability and cost-effective model having a reach across all verticals while accessing limited scope of resources coupled with enterprise mobility and view to business sustenance by effective cloud-deployment boosts the cloud collaboration market size. Cloud Computing Model leverages three paradigms of Software as a Service (SaaS), platform as a Service (PaaS), and Infrastructure as a Service (IaaS) that makes for better information interchange without additional infrastructure costs riding on real-time business exposure to clients and increased productivity by distinct employee interaction enhancing the cloud collaboration market size.

Bring Your Own Device (BYOD) and Enterprise Mobility Management (EMM) to engage via video-conferencing, establish secured communication channels that are platform-independent such as WhatsApp and Facebook, leveraging cloud communication applications such as Microsoft Azure coupled with reducing dependency on offline tools viz: emails have enhanced the cloud collaboration market size. Integration of media across the web viz: text, images, and videos with computational agility and seamless adoption and sharing of resources on the cloud boosts cloud collaboration market productivity.

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The success of cloud collaboration lies in its cost-effectiveness and imminent compatibility with all web browsers. Cloud collaboration market size by solution comprises unified communication and collaboration, document management systems, project team management and Enterprise social collaboration. Market size by service belongs to training, consultation and integration and support and maintenance. By deployment, Cloud collaboration market comprises private model, public model and hybrid cloud. Cloud Collaboration Market by organization size comprises large enterprises and SME (small and medium enterprises).

By vertical, the market extends to BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing and media entertainment, telecommunications and ITES, and others. By region, the market has significant contributions led by North America, Europe, Asia Pacific, MEA, and Latin America. Public Cloud exhibited maximum market traction in offering an underlying pool of connected resources to various users.

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Data security concerns due to extrinsic file-sharing on the server having diverse entry and exit points, coupled with unpredictability in Internet service offering by provider act as restraints to the cloud collaborating market. Cloud Collaboration market is fragmented and there lies intense market rivalry among competitors to gain market dominance due to prevailing demand for enterprise communications among large and small enterprises (SME). M&A will form the cornerstone of this business.

A news article dated Nov 2016 has to say that market imperatives for success in an enterprise computing model are a progressive collaboration between business and Information Technology. Shadow IT is a palpable distraction to integration of cloud computing resources and other barriers instrumental in cloud integration approach were doubtful ROI, disquiet between infrastructures, disproportionate cost and high-security risk.

It also adds that by using IaaS model, organizations can collaborate more assiduously and disparity between business directives and IT will disappear. Business is bruised badly by rigid stance taken by infrastructures with innovations wearing thin and business integration not on the right track leading to organizational success falling through. Turning a blind eye to security measures businesses must deal with written records of user passwords, incorrect practices such as data being taken off company website and ominous sign-in sheets being misrepresented.

Key industry players in the market include Cisco, Microsoft, Google, IBM, Mittel and salesforce.com. Few other vendors in cloud collaboration market include 8×8 Aastra Technologies, Broadsoft Configure, Corex, Dell, Genysys Telecommunications Laboratories, Hewlett Packard, Huawei Technologies, Interactive Intelligence, Juniper Networks, Logitech International, Mindtree, Orange, Polycom, RingCentral, ShoreTel, and Toshiba.

Cyclospora Diagnostic Testing Market is Booming Worldwide from 2020 to 2024

Cyclospora is basically an intestinal ailment that is affected via the microscopic parasite termed as “Cyclospora cayetanensis”. Cyclospora Diagnostic Testing Market size on the basis of end-users spans commercial or private laboratories, hospitals, public health labs and physician offices. It is a single-celled coccidian parasitic pathogen that triggers intestinal infection that leads to diarrhea. When we look at it in the medical terms, this diarrheal infection is labeled as cyclospora infection (cyclosporiasis). It is known that this particular infection is usually spread and communicated via feces and ingestion of food and water infected with sporulated oocysts.

Through studies, it has been found that people can be infected with Cyclospora by taking in food or water that is polluted and tainted with the parasite. Those people are at great risk for infection that stay in those countries or travel to regions where cyclosporiasis is quite prevalent. It is said that cyclospora diagnostic testing is not a regular laboratory test. It is only taken up following exact and particular requests from specialized physicians and doctors.

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The most fundamental laboratory tests that are carried out for Cyclospora entail acid-fast staining and safranin staining. Even though there are a wide range of tests available, it is quite fascinating to know that there are no blood tests available for the treatment of Cyclospora infection. The prominent factors that are playing a major role in raising the demand for cyclospora diagnostic testing include augmented modernization, improvement in technology, and rising concerns for health related issues. Cyclospora Diagnostic Testing Market size on the basis of techniques used for diagnosis spans chromatography, diagnostic imaging, gel microdroplets, immunoassays, liposomal testing, differential light scattering, flow cytometry, monoclonal antibodies, and molecular diagnostics.

Cyclospora Diagnostic Testing Market size on the basis of geography spans North America, Asia Pacific, Europe, and Rest of the World. As far as the geography is concerned, Asia Pacific is lately dominating the Cyclospora Diagnostic Testing market and it is also recognized as the largest market for these tests owing to more susceptive surrounding for infection. The data shows that this particular disease is quite prevalent in tropical and subtropical countries of Latin America and Asia.

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In addition, latest irregular occurrence of the infection has also been observed in temperate countries including the U.S., Canada, and Mexico. The data that has been revealed from the studies of the Centers for Disease Control and Prevention states that above 600 cases of Cyclospora infection were witnessed in 2013, because of the infection communicated via the means of packaged salad mix. The key players operating in the cyclospora diagnostic testing market include Roche Diagnostics, Siemens Healthcare, Diamedix Corporation, Hologic, Inc., DiaSorin S.p.A., Thermo Fisher Scientific, Inc., QIAGEN N.V., Wako Chemicals, Inc, Affymetrix, Inc., Nanogen, Inc., Ortho Clinical Diagnostics, Beckman Coulter, Inc., bioMerieux, Inc., and CEPHEID.

Women’s Health Diagnostic Testing Market to Show Tremendous Rise in Upcoming Year

The global women’s health diagnostic testing market is expected to witness an exponential growth over forecast year. The NIH Revitalization Act was formulated in 1993 with a vision to determine the best knowledge about gender and ethnicity differences and similarities and also made women health a national priority. Efforts are now made in order to ensure a healthy lifestyle for women to conform to the laid vision. In terms of healthcare and on a global scale, a high number of women suffer from diseases such as cardiovascular, lung cancer, depression, Alzheimer and urinary contingencies and owing to growth in medical infrastructure across the world and so a higher proportion of women get a timely diagnosis. On the basis of geographic segmentation, the global women’s health diagnostic testing market spans North America, Europe, Middle-East, Asia-Pacific and Africa.

On a commercial basis, women have distinctive health issues such as menopause, pregnancy and other minor ailments pertaining to fertility. So, with the rise in number of female patients for distinct diseases, the market for women’s health and diagnostic testing market is gaining a positive traction which is likely to augment the market growth in distant future.

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The key driving factors responsible for the growth of women’s health diagnostic testing market include rising awareness in patients with regards to healthcare concerns, growing research for detection of several type of cancers and prevention of disease. Additionally, women’s health diagnostic market also witnesses a significant growth during the forecast period owing to government initiatives and public awareness campaigns.

Moreover, the market is rising due to favorable reimbursement of medical policies and medical coverage for diagnosis & treatment of disorders. However, factors such as patient’s unwillingness for early screening which need heavy expenditures for detections, risk over diagnosis and overtreatment, expensive MRI scans and medicines are likely to impede the market growth during the forecast period.

On the basis of tests conducted, the global women’s health diagnostic testing market is segmented into pregnancy & ovulation, bone density testing, prenatal screening, mammography, pap smears or cervical cancer screening, colposcopy, HPV testing, ovarian cancer, urinary tract infections, cystic fibrosis, and autoimmune diseases. On the basis of prostate cancer screening, the global women’s health diagnostic testing market is segmented into hospitals, clinics, home healthcare, research labs, diagnostics and imaging centers and cancer institutes.

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North America leads the global market owing to advanced healthcare infrastructure, growth in per-capita income, emphasis on multinational device manufacturing companies and enhancement of MNC’s. Europe is anticipated to grow during the forecast period owing to growth in regulations by various medical organizations such as WHO. Besides, increased funding in public and private sector is propelling the market growth. APAC regions are anticipated to grow during the forecast period owing to growth in healthcare scenarios in the regions such as India and China.

The key players in the global women’s health diagnostic testing market include Nova Biomedical, Quest Diagnostics Inc., Abbott Laboratories, GE Healthcare, Alere Inc., Hologic, Inc.,F. Hoffmann-La Roche AG, Becton, PerkinElmer Inc., Dickinson and Company, bioMérieux SA, Koninklijke Philips N.V, Siemens Healthcare Diagnostics