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Social Publishing Application Market is Booming Worldwide from 2020 to 2024

With the growth in use of social networking sites, demand for social publishing applications is also on rise. Many applications such as Sprinklr, Twitter, Web client, Hootsuite, Facebook and social dynamx serve as social media platforms for users. Social publishing applications thus help in posting content representing the user which helps in enhancing social image and improving social connectivity.

Social publishing is also known as integration of web content management, web application management and social software management. Social publishing application assists the digital technology and enable a website for user, where users can post and interact with other users within a web based activity. The core use of the social publishing applications allows users such as bloggers, social media publishers and reviewers to link their content with social websites to augment potential users. Commercially, the market value for social publishing applications have entered billion-dollar segment which assures that the market is bound to grow at a significant CAGR for the assessment period.

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The key driving factors responsible for the growth of Social Publishing Application Market includes rising number of users on social media platforms and greater emphasis on market and competitive intelligence and growth in spending on analytics. Additionally, growing use of content management systems among large and small users contribute to the growth of Social Publishing Application Industry. Organizations now possess various digital assets due to which companies use social media for employees to keep them connected with company’s updates and news. Content management systems thus help users by posting content in the social media websites to create a digital image. Moreover, a lot new opportunities are anticipated as growth in adoption towards cloud technology and greater inclination towards SMEs.

On the basis of type, the global social publishing application market is segmented into solution and services. Service based platform dominate the segment owing to customer preference. On the basis of services, the global market is segmented into support and maintenance, consulting services and training education. Consulting services are anticipated to dominate the global market owing to rising number of startups. On the basis of applications, the global social publishing application market is segmented into customer segmentation and targeting, multichannel campaign management, competitor benchmarking, customer behavioral analysis and marketing management.

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On the basis of deployment models, the global social publishing application market is segmented into on-premise and on-demand. On the basis of verticals, the global Social Publishing Application Industry is segmented into BFSI, Retail, Telecommunications and IT, Utilities, Heavy engineering, transportation and Logistics, government, healthcare and life sciences, media and entertainment & travel and hospitality.

On the basis of geographic segmentation, the global Social Publishing Application Market spans North America, Europe, Asia Pacific, Middle-East and Africa. North America dominates the global market owing to high adoption of advance technologies with a view to extend their capacity and opening facilities. APAC regions are anticipated to follow the trend and is estimated to register a higher rate CAGR owing to adoption towards social media websites and proliferated usage of social media for business objectives. European regions are witnessing slower growth rate owing to slow adoption of technology. The key players in the global social publishing application market offering solutions and services on a global scale are IBM corporation, SAS institute, Oracle corporation Inc, Salesforce and Adobe Systems.

High Temperature Coatings Market Attain Height of USD 3.27 billion Worldwide

High temperature coating market was valued USD 3.27 billion in 2015 and is anticipated to achieve moderate growth globally over the forecast period. The demand for the market is increasing steadily owing to the growth of numerous end-use industries such as cookware and bake ware, construction, and metal processing.

High temperature coatings material can withstand a temperature of more than 150°C (302°F) while protecting against corrosion. Depending upon the level of temperature resistance required, coatings are composed of organic or inorganic materials such as epoxy, epoxy novolac, silicone, and epoxy phenolic. Fire proofing plays a vital part in buildings and other structures as it protects structured steel and other building parts.

However, the construction sector is hampered by the lack of synergy in building codes for different companies. Stable regulatory norms help the coatings manufacturers to enhance their investments in R&D.

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Regulatory & government agencies such as UL, ANSI, NFPA, and ASTM issues guidelines and standards for testing and formulation of the coating ingredients. Fatal incidents due to fire outburst in industrial as well as in residential area which causes occupational injuries has led multiple revisions in safety policies to minimize the losses by integrating flame repulsive inorganic agents in materials of the coating. Properties to resist high temperature shown by phosphorous, silicon and halogen based products have made them quite significant.

Product Insight

The acrylic coating was the largest product segment covering over 20% of total demand in 2015. Aesthetic looks coupled with high heat resistance property makes it an ideal technology that can be used in building and transportation infrastructure. Low volatile organic compound (VOC) presence in formulation has led its rapid adaptation in various industrial activity.

Physical properties of Polyethersulfone (PES) such as adhesiveness, long run thermal stability and transparency are expected to be responsible for its growth over the forecast period. Owing to these features, the product usage is found in a broad range of applications including automotive refinishing, wood furniture, construction, and marine. Global PES high temperature coatings market value is estimated to exceed USD 470 million by 2024.

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Compatibility of Epoxy coatings with a broad range of color and solvent free ingredients has contributed to its demand in 2015. Characteristics such as high durability and chemical resistant are anticipated to be the major factors for the growth of this segment.

The segment is expected to grow at a CAGR of over 4.0% from 2016 to 2024. Epoxy-based products find enhanced usage in corrosion resistant applications in automobiles, boats, steel pipes, and transmission pipelines that are exposed to high temperature environment.

Technology Insights

The liquid-based technology was the largest technology segment in 2015 which accounted for over 75%. The industrial trend is shifting towards non-solvent based technologies with the adoption of waterborne and powder based products in various sectors.

With minimum environmental impact due to low VOC content, surging demand for effective products is anticipated to drive waterborne high temperature coatings demand over the next eight years.

Strict ecological regulations for using solvent based products have led coating manufacturers to shift focus towards powder-based products. Powdered coatings are anticipated to be the fastest developing formulation technology by 2024.

Higher utilization rates and application ease are a major driver of powder coating market over the forecast period. This segment is expected for a net demand of over 95-kilo tons by 2024.

End-Use Insights

Around 16% of the total revenue in 2015 was generated from Energy & power sector which was the leading end-use segment. Growing concern towards equipment durability and downtime is expected to drive the demand for heat resistant coatings with enhanced color stability and corrosion resilience.

Metal processing segment was the second major end-use segment for coatings market in 2015. Demand in this segment has been increasing owing to increasing demand for metal equipment in the commercial and industrial sector.

Various applications include heavy equipment, machine and metal piping for agricultural, forestry, waste treatment facilities, and manufacturing. U.S. demand for the market in automotive sector was valued over USD 60 million in 2015 and is estimated to grow at a CAGR of 3.6% from 2016 to 2024. The coating protects from corrosion and acts as a thermal barrier on automobile components.

Regional Insights

Asia Pacific was the largest market and accounted for more than 35% of total volume in 2015. Steady growth in automotive & construction sectors especially in India, China, and Japan is anticipated to drive the demand in the region. European coatings accounted for more than 30% of the market in 2015 globally.

However, slow growth observed for numerous end-user such as aerospace, construction, and oil & gas, in the European region is anticipated to obstruct market and consequently, lose their share in the industry over the forecast period.

North America high temperature coatings market is anticipated to grow at a CAGR of 4.0% from 2015 to 2024. Increasing application of these products in major end-use industries including electronics, automobile, energy, and construction sectors have contributed significantly to the growth in this region. Renewal of reforms to incorporate thermally efficient materials and environment-friendly materials are expected to play a major role in steering product demand in the region.

Competitive Insights

The global market is temperately divided with the presence of a great number of companies such as, PPG Industries, Akzo Nobel NV, BASF, Axalta Coating Systems, Jotun AS, and Sherwin-Williams.

Other companies operating in the global industry include Valspar Corporation, Carboline Company, General Magnaplate Corporation, Hempel AS, Chemco International, Whitford Corporation, Weilburger Coatings GmbH, Belzona International Ltd. and Aremco Products Inc.

Lightweight Materials Market Hit Almost USD 225.3 billion Figure By 2024

Global Lightweight Materials Market is expected to reach USD 225.3 billion by 2024. Lightweight materials are the materials used to reduce vehicle weight to reduce emissions, enhance performance, and to lower oil and fuel consumption. Lightweight materials play important role in enhancing the fuel economy of latest cars while maintaining their performance and safety. The weight reduction plays important role in reducing CO2 for any source of energy like fuel cells, oil, biofuels, or electric. Recycling, mass reduction, and manufacturing process are dominant in the transport segment in accomplishing pollutant gases and CO2 emission reduction. The Lightweight Materials Market is estimated to grow at a significant CAGR of 8.9% over the future period as the scope and its applications are rising enormously across the globe.

Rising energy efficiency, composite material provide more protection upon impact, and advances performance are documented as major factors of Lightweight Materials Market that are estimated to enhance the growth in the years to come. Also, these materials can be easily installed, low in cost, and maintains its standard are the factors that may boost overall market in coming years. Lightweight Materials Industry is segmented based on type, application, and region.

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Plastics, composites, metals, and other types could be explored in Lightweight Materials in the forecast period. Plastics sector includes polypropylene and polycarbonate. Composites comprise glass fiber reinforced plastic and carbon fiber reinforced plastic. On the other hand, metals consists of titanium, aluminum, magnesium, and high strength steel.

The market may be categorized based on applications like wind energy, automotive, marine, aviation, and others that could be explored in foremost period. The automotive sector is estimated to lead the overall market with largest market share in the upcoming years. This may be because of growing awareness regarding fuel emissions. Also, aviation company is the second largest company with significant market share. However, wind energy sector is estimated to grow at fastest pace in the upcoming years.

Globally, North America and Asia Pacific accounted for the majority market share and is estimated to continue their dominance in the coming years. The reason behind the growth of overall market in these regions could be high production of vehicles and aircrafts and strict policy. However, Asia Pacific is estimated to grow at highest CAGR in the coming years.

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The developing countries like India and China are the major consumer of Lightweight Materials in the region. This may be because of this may be because of growing awareness regarding renewable energy, rising demand for passenger vehicles, and high defense budget. Instead, Europe is also estimated to have a positive influence on the future growth. Europe is estimated to account significant market share in the future period.

The key players of Lightweight Materials Market are Toray Industries Inc., ArcelorMittal S.A., PPG Industries Inc., Alcoa Inc., and Saudi Basic Industries Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Pulse Oximeters Worth About USD 1.5 billion By 2024

The global pulse oximeters market size was worth USD 1.5 billion in 2015 which is anticipated to grow at a CAGR of more than 6.1% during the forecast period. The crucial application of the pulse oximeters in patient monitoring is responsible for its growth. Moreover, its use in anesthesia monitoring and safety have greatly reduced anesthesia-related deaths, which further contributes to the market potential.

Surgical safety has been a major concern and so its provision is a priority worldwide. Global initiatives such as the WHO Surgical Safety Checklist, which was created in 2008 as an outcome of 2007 WHO Safe Surgery Saves Lives program, aims in the application of minimum safety standards across hospitals in all countries. Pulse oximeter, being an essential monitoring device in surgical treatments, is largely affected by such global initiatives that influence its demand and are likely to trigger the market growth.

Modernization has boosted accessibility with the technological advancements in the cell phones operating systems. In 2014, a company named Masimo launched iSpO2 pulse oximeter, which is supported by the Android devices, facilitating ease of use and monitoring.

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The segmentation based on the type of devices is handheld, fingertip, and others. In 2016, the handheld oximeter devices dominated the market owing to the ease of use of the device in the case of emergency. The oxygen saturation of a patient highly affects the course of treatment to be undertaken. Rising number of emergency cases of strokes and surgeries is anticipated to augment the market over the forecast period.

With the growing preference towards portable technology due to its feasibility in use, fingertip pulse oximeter segment is gaining prominence in the pediatric treatment procedures and so are expected to show significant market growth over the forecasted period. The fingertip pulse oximeters can withstand varying storage conditions and thus is preferred.

Other types of oximeters include stand-alone units that have provisions to monitor parameters such as blood pressure and ECG. Lack of sufficient operative room facilities in most of the developing countries, as per the findings of WHO, initiatives are taken to increase the operative room facilities where each room is equipped with at least one stand-alone monitoring units that would help in increasing the penetration of the devices.

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The conventional use of pulse oximeters is done in hospitals pre and post surgeries. It is also used during surgeries when the patient is anesthetized. The rising number of surgeries and emphasis on patient safety are responsible for the increased use of pulse oximeters during every procedure. These devices are once purchased and require servicing and are not replaced frequently. The use of pulse oximeters in newborn screening also adds to the number of devices procured by the hospitals in their maternity and pediatric care divisions.

However, there is an upward trend of use of pulse oximeters in homecare settings due to the expansion of the homecare market. Hospices and even nursing care centers are procuring oximeters to provide better care to their customers.

Regional Insights

The inequality in the distribution of the healthcare facilities worldwide is very significant. For instance, North America has low burden of diseases but high presence of healthcare workers and finances. Moreover, strong technological base, availability, and adaptability of the recent advances in technology makes North America dominate the market. However, African region has high burden of the diseases but low presence of healthcare workers and finances, thus, although a potential market, low awareness and affordability hinder the development of pulse oximeter market in African region.

Asia Pacific is anticipated to show fast growth over the forecasted period owing to the moderate burden of global disorders and high adoption of modernization and developing technology, realizing the need of better healthcare facilities and early detection of disorders through increased use of monitoring devices such as the pulse oximeters.

Competitive Insights

With the trend of customized facilities, some companies are working toward developing devices that are supported by the cell phones operating systems, facilitating flexible, wireless and easy monitoring. For instance, Masimo’s iSpO2 and Zensorium’s Tinke are the oximeter devices that are compatible with iPhones, thus providing the iPhone users with the benefits of the new technology. Such innovations are likely to attract the population and widen the market size.

Solar PV Market Will Reach Height of 60 GW By 2024

The US solar PV market is estimated to reach an installed capacity of 60 GW by 2022. The rising demand for electricity coupled with increasing consumer awareness concerning the benefits of renewable resources is anticipated to have a positive impact on the market growth. The increasing demand for solar PV panels in commercial and residential applications is expected to drive market growth.

A solar photovoltaic system generates electricity from sunlight with the help of semiconductors. The electrons in these materials are freed by sunlight and can be induced through an electric circuit to generate electricity. The growth of solar PV technology is fastest as compared to other renewable energy sources owing to free availability of sunlight.

The government subsidies and regulations are beneficial to the market growth. In addition, the growth in the number of solar panel installations mainly in California has caused a steep decline in the module prices. The decrease in the price of raw materials coupled with advanced manufacturing processes is anticipated to have a positive impact on the growth of U.S. solar PV market.

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The application segments namely, residential, utility and commercial/non-residential are anticipated to increase substantially on account of the Investment Tax Credit (ITC) subsidy till 2016. In 2016, the US solar market grew by 97% adding about 15GW of new capacity. The electricity provided by solar energy accounted for over 39% of the total installed electric capacity in 2016.

The residential segment witnessed a substantial growth in the upcoming years owing to the increasing concern of consumers regarding the protection of environment together with decreased cost of the module. In addition, the cost of maintenance of solar PV is low as compared to other sources of power generation which have led to an increase in demand for the modules.

The reduction in carbon emission during the generation of electricity as compared to other sources together with the variable sizes available in solar PV modules is expected to have a positive impact on the market growth. In addition, the availability of solar insolation across the US is anticipated to aid the demand of solar PV modules in the country.

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The utility segment contributed to over 50% of the overall U.S. solar PV market installations in 2014. The development of technology has increased the efficiency of electricity generation by solar PV modules coupled with low installation cost owing to government subsidies is expected to drive market growth.

The commercial application segment is expected to witness a growth at CAGR of around 14% over the forecast period. The shift in consumer inclination towards the utilization of renewable energy for electricity generation owing to environmental protection is likely to fuel solar PV market growth in U.S.

State Insights

California contributed to over 7,815 MW power in 2014 on account of the exposure to solar radiation together with growing number of installations in residential and utility sectors. In addition, there is a sharp decline in the cost of equipment owing to large-scale installations of solar PV which is expected to lead market growth.

California accounts for over 50% of the residential segment of the solar PV system installations followed by New Jersey and Arizona. There is a significant decline in raw material prices owing to technological advancements and bulk ordering from China. The extension of federal ITC is likely to propel market demand of solar PV in the country.

The favorable energy policies in California is likely to propel growth for renewable energy leading to a rise in market demand for solar PV modules. The preference of consumers in Arizona and California towards the use of environmentally friendly renewable energy is expected to bolster the solar PV market demand.

North Carolina is likely to have an increase in the contribution towards US solar market owing to a growth in residential installations. Furthermore, the high cost of power in North Carolina as compared to other states including Louisiana, Washington, and Kentucky is likely to boost market growth in the region.

Competitive Insights

The major players in the industry include SunPower, 1Soltech, Advance Power, BORG Inc., Solar Cynergy, Zebra Energy, Lumos, First Solar, Suniva, Alps Technology, Auxin Solar, Pionis Energy, Green Brilliance, Solar World, Itek Energy.

First Solar utilizes cadmium telluride (CdTe) thin film technology which gives high efficiency as compared to monocrystalline and polycrystalline modules. Moreover, the production costs are subordinate to other modules making it advantageous among all solar PV installers.

COVID 19 Implications Modified Starch Market Latest Competitive Insights By 2024

The global Modified Starch market was valued at USD 9.36 billion in 2016 and is estimated to grow at a CAGR of 5.7% by the completion of the prediction period. Growing demand for convenience foodstuff and speedily increasing pharmacological manufacturing in the Asia Pacific are expected to motivate the development of the international market.

On the source of the Type of Applications, the statement concentrates on the position and viewpoint for foremost uses. It takes into consideration the intake in terms of sales, market stake, and development percentage of modified starch for respective use, including Fabrics, Papers, Foodstuff & Liquid Refreshment, Medicines, Animal Feedstuff, and others. The subdivision of Foodstuff & Liquid Refreshment held the leading stake of the market by means of income during the past year. Modified starch is utilized such as a thickener in sweet course, permitting the foodstuff to solidify by way of the adding of milk or cold water.

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The modified starch market on the source of Type of Function could span Binders, Thickeners, Emulsifiers, Stabilizers, and others. With reference to income, the subdivision of Thickeners held the leading stake of the modified starch industry during the past year. It is expected to go up by a substantial CAGR above the prediction period.

The modified starch market on the source of Type of Material could span Potato, Cassava, Wheat, Corn, and others. By means of capacity, corn centered modified starch subdivision held the most important stake of the market during the past year. It is expected to carry on leading and is expected to grow by a better CAGR above the period of prediction. Corn is one of the commercially available plentiful raw materials. Corn centered modified starch is broadly utilized as emulsifier, stabilizer, and thickening agent through a number of end use businesses.

The modified starch market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category could span Pre-gelatinized, Resistant, Cationic, Starch Esters & Ethers, and others.

The modified starch industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of prediction could span North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

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By the source of geography, North America headed the market during the past year. Growing significance of low-slung fat nourishment in the U.S. is likely to power the provincial market. The U.S. is one of the most important manufacturers of corn and corn starch in the world. The market in the U.S. is likely to develop considerably because of greater manufacture and exports. Canada is the subsequent biggest supplier in North America. It is likewise estimated to motivate the market due to growing significance of animal feedstuff. Increasing demand from animal feedstuff and foodstuff & liquid refreshment manufacturing are expected to boost the provincial growth in neighboring period.

Encouraging strategies by the government in the occupation of farming indorsing usage of modified starch products and eye-catching funds have generated new-fangled development opportunities in the Asia Pacific. Nations like Taiwan, South Korea, China Japan and India, rest on farming to some level for financial development because of it is the most important supplier to their GDP. The Asia Pacific is responsible for the most important portion of the international manufacture, by way of speedy growth in developing markets. Progress of the Asia Pacific fabric manufacturing is likely to additionally motivate the provincial market.

The statement revises Trades in terms of intake of modified starch in the market; particularly in North America, Europe, Asia Pacific, Central & 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 Cargill, Incorporated, Emsland-Starke GmbH, Archer Daniels Midland Company, Global Bio-Chem Technology Group Company Limited, Avebe U.A., A grana Beteiligungs-Ag, and others.

Agriculture & Farm Equipment Market Size Is Increasing Rapidly Globally

The global agricultural equipment market was estimated at $124.2 billion in 2015. Agricultural equipment or machinery are the tools used in various processes of farming, such as planting, threshing, agriculture product processing, harvesting. New agricultural equipment is replacing the traditional tools owing to improved productivity and enhanced quality of the crop.

The need of food is growing at a faster rate as the population is increasing, so the demand for new agricultural equipment is growing to match the requirement of food.

Innovative technologies in the agriculture are increasing the quality & production per square feet for the agricultural products. Manufacturers are focusing on integrating various new technologies such as robotic systems, Google Earth and GPS into existing machinery for tracking productivity and improving it. The government also encourages the use of farming equipment by proving subsidies and offering lower rates to the farmers in emerging countries like India and China to adopt agricultural equipment.

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On the basis of Product: Tractors dominate the product category and is estimated to account over 20% of total revenue in 2015 after harvesters. Tractors are the most efficient and effective equipment in the agricultural sector as they can perform several activities in the process of farming. Harvesters are expected to grow at a CAGR of 5% through 2014-25.

Other product segment includes thrasher, combine harvester, rotavator, Zero Till Seed Drill, Power Tiller, Multi Crop Planter, Drip Irrigation, Sprinkler Irrigation, Power Weeder, Power Spray.

On The basis of Application: The products are divided as per the processes in farming such as Sowing & Planting Equipment, Land Development/Seed Bed Preparation/Tillage Equipment, Plant Protection Equipment, Water Inter Cultivation equipment, Agro Processing and Harvesting & Threshing.

Threshing and Harvesting expect the fast growth of a CAGR over 6% through the forecast period. Land Development/Seed Bed Preparation/Tillage contributed over 15% of the global revenue in 2015. Agriculture is labor intensive, and the scarcity of farm labor will be the key fueling factor to the increasing demand for agricultural equipment.

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North America Dominated the Agriculture equipment market in 2015. The driving factors behind the most usage of agriculture equipment are the scarcity of labor, improved features and fuel efficiency of the machinery and demand for the food. However, North America and Europe are expected to show moderate growth over the period. The Asia Pacific region is projected to be fastest growing market during the forecasted period owing to India and China are emerging as the fastest growing market. China dominates the region by contributing over 20% of the regional revenue share in 2015. Developing countries are showing strong economic growth, such as India, Middle Eastern countries and China, which will further fuel the growth of the agricultural equipment industry.

Competitive Insights

The Agriculture machinery market is highly fragmented and competitive due to the existence of prominent players along with some other medium or small-scale participants. Key players in the agriculture industry include Mitsubishi Agricultural Machinery Co. Ltd., AGCO Corp., Same Deutz-Fahr Group S.p.A. (SDF), Iseki & Co., Ltd., Kubota Corporation, Deere & Company Mahindra & Mahindra Limited.

Construction Chemicals Market Will Secure Nearly USD 67.61 billion With New Growth Opportunities

Construction Chemicals Market is anticipated to reach USD 67.61 billion by 2024, expanding at a 6.3% CAGR during the forecast period. Rising requirements from numerous end-use industries including residential & non-residential and infrastructure is expected to drive the market growth over the next nine years.

In addition, the market expansion is expected to be driven by rapid shift towards urbanization and rising focus towards infrastructure development in emerging economies. Moreover, government initiatives in emerging economies such as India are also presumed to drive the market growth.

On account of stricter environmental regulations, the market participants are focusing on research and development activities to come up with new products complying with guidelines established by various regulatory bodies. Application of biochemical as construction chemicals is at its initial stage, that could prove to be a revolutionary technology in future. Emerging countries such as India and China are presumed to fuel the market owing to various upcoming infrastructure projects under development. China was the major construction market accounting for over 20.0% of the global share in the year 2015.

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The market growth is also expected to witness a significant growth on account of rising rate of mergers and acquisitions by major players in the market. In addition, technological innovations have resulted in the rise in usage of other specialty chemicals which consist of chemical flooring, surface coating chemicals, grouting compounds and structural adhesives.

Product Insights

In terms of market volume share, concrete admixtures accounted for 64.07% in the year 2015 on account of its wide usage in concrete to strengthen its chemical and physical properties. Its applications include all types of constructions such as residential and non-residential infrastructure. The product improves the strength of the construction by providing strong durability, enhanced durability, chemical resistance and considerably lowering cement and water requirement.

Super plasticizers and plasticizers are broadly utilized as concrete admixtures. Super plasticizers are suitable for pre-stressed concrete as majority of the products are chloride free. Chloride causes an oxidation reaction with metals, which then causes corrosion, weakening the building structure.

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Infrastructure and non-residential industry accounted for over 60% of the total market revenue share in 2015. Construction chemicals are applied in non-residential segments such as hotels, office spaces, retail, erection of warehouse and industrial buildings. The growth for infrastructure activities is driven by government initiatives in developing economies which consist of India, China, Brazil and Mexico. In addition, the market growth is anticipated to be fueled by growing trend towards metropolitan developments caused an increase in the need for more residential buildings.

The expansion of the residential & non-residential segment is caused by growing per capita income together with strengthening economic policies in the emerging economies. Overseas investments have increased in the recent years in Asia Pacific, which is also propelling the growth.

Regional Insights

With a market share over 45%, the Asia Pacific region was valued as the largest market for the product globally in 2015. India and China are the key markets in the region contributing over 50% of the total regional market size. The growth of construction chemicals market is directly associated with the development of construction sector.

Asia is presumed to witness an investment of about USD 8.0 trillion by the year 2020 according to the Asia development bank. Growing urbanization trend and increasing disposable income of population in countries such as India, Vietnam and China has generated a necessity for better transport systems, water & sanitation facilities and buildings. Further, numerous international investors are focusing on re-allocating their capital in APAC.

Construction and infrastructure activities have seen a rapid growth in the country since the launch of 2011-20 Economic Transformation Program (ETP) by the Malaysian government. The construction sector in Vietnam was valued at USD 24.0 billion in the year 2012. All these factors are projected to result in the consistent growth of construction industry in APAC region, which in turn will cause a high growth of construction chemicals in this region.

Competitive Insights

The major players in the global construction chemicals market are FOSROC chemicals, BASF SE, Grace & Co., Arkema S.A., Dow chemicals, Pidilite Industries Ltd., Mapei S.P.A and RPM International Inc. The market is extremely competitive in nature with key players engaged in product innovation and R&D.

Market players are trying to enlarge their customer reach through various strategies which consist of new product launches and exhibitions. The U.S. based manufacturer, Dow Chemicals is a key player in this market. The firm manufactures a wide range of sealant products and adhesives. Strategic agreements and launching innovative products has helped the company to preserve their position in the construction chemicals market globally.

Compressor Oil Market Attain Height of USD 5.59 billion Worldwide

The compressor oils confirm evener process and assist in dropping the idle time and overhaul of the machine. Furthermore, heat produced by compressors for the duration of processes outcome in additional power ingestion and wear & tear of the machine. These oils support in dissipation of the heat, maintaining the temperature of the compressor under in control.

The division of compressor oil market is based on the source of Type of End User. The market can be divided into Automobile, Oil & Gas, Power Generation, Manufacturing and other industries. The subdivision of manufacturing is the biggest customer of compressors, and hence, compressor oils are expected to observe the maximum demand from this segment. The growth of the subdivision can be credited to increasing actions of repairs and lubrication uses. Speedy industrial development in the area of Asia Pacific together with prosperous automobile manufacturing is composed to increase the trades of compressors, so increasing the demand for compressor oils above the prediction period.

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The division of compressor oil industry is based on the source of Type of Compressor. The market can be divided into Dynamic Compressor, Positive Displacement Compressor. The positive displacement compressors, which includes reciprocating piston type and rotary screw type, are utilized in diverse areas of manufacturing comprising Mining & Construction machines, Petrochemical, manufacturing of Chemicals and Metal.

The dynamic compressors are extensively utilized in Automobile Manufacturing, Mining, Purifying of Petrol, Treating of Foodstuff, Paper & Pulp manufacturing. Dynamic compressors consist of centrifugal and axial compressors. Increasing necessity for gas turbine upkeep facilities and oil processing plant procedures are expected to power the demand for the product in this section for the duration of the prediction.

The division of compressor oil market is based on the source of Type of Oil Base. The market can be divided into Bio-Based compressor oil, Semi-Synthetic compressor oil, Mineral compressor oil, Synthetic compressor oil. The synthetic oils are cleaner, not as much of costly, last for a long time, and a smaller amount of likely to adulteration as compare to conservative ones. Due to this, these oils are attaining reputation between industry members.

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The division of compressor oils market is based on the source of Area. The division is done with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction. The area wise division of the market comprises North America [U.S.A, Canada, Mexico], Europe [France, Spain, Germany, U.K., Russia], Asia Pacific [India, Japan, China, South Korea, Australia], Central & South America [Venezuela, Brazil, Argentina], Middle East & Africa [Iraq, Kuwait, Saudi Arabia, South Africa].

By the source of geography, the area of Asia Pacific was the prominent income donor in the international market during the past year, due to greater development percentage of most important end-use businesses for example fabrics, foodstuff treating, chemicals and metalworking, together with speedy suburbanization and industrial development. The provincial market offers various occasions to modernizers to present new-fangled goods by way of beneficial product features to knock into niche uses.

Reappearance in the industrialized actions, together with the transformation of manufacturing machines is composed to predict well for the market in the area of Europe for the duration of the prediction. The area is categorized by existence of nations for example Spain, Russia and France by means of deep-rooted and technologically advanced industrialized and automobile segments.

The demand in the area of North America is likewise mostly motivated by speedy industrial development in Mexico. This has appeared by way of a most important center of automobile manufacturing above the historical period. Low-slung prices and charges of manufacture because of nation’s far-reaching free trade contracts are firming up the prospective for Mexico to turn into a principal international base for export.

The statement revises Trades in terms of intake of compressor oil in the market. Particularly in the areas of North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these areas and the nations. With reference to Trades, Price, Profits and Market stake for respective competitor in these areas. Some of the important companies, operating in the field on international level are Total SA, Royal Dutch Shell PLC, Fuchs Lubricants, BASF SE, Croda International PLC, Fuchs Petrolub AG, BP PLC, Sasol Limited, the Dow Chemical Company, Lukoil, Sinopec Limited, Chevron Corporation, ExxonMobil Corporation.

Orthopedic Braces and Supports Market Will Generate About USD 3.1 billion By 2024

Increasing prevalence of arthritis is one of the leading cause of the growth of orthopedic braces and supports market. It is the most common form of arthritis which affects the population of all ages.

According to theCentres for disease Control and Prevention, in 2015, 30 million US adults were estimated to suffer from osteoarthritis. It is estimated that 54.4 million of the US adults are affected with some form of arthritis. People with arthritis are the major target for orthopedic braces and supports. The second most common form of arthritis is rheumatoid arthritis which cause muscle pain.

Increase in geriatric population is one of the primary driver for the growth of the market. This population is highly affected by musculoskeletal disorders. According to International Osteoporosis Foundation, osteoporosis and low bone mass is a major threat to around 44 million U.S. men and women of age 50 and older. Approximately, 30% of the post-menopausal women suffer from osteoporosis in the US. Weakening of bones, connecting tissues such as cartilages and ligaments with age increases the risk of muscle injury in knees and shoulders. This supports the increasing need of orthopedic braces and supports.

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Sports related injuries are increasing with the increase in participation of people of different ages in various sports activities. Athletes are engaged in fitness related activities such as cycling, running, and others. While performing health benefit related activities, athletes tend to sustain injuries which may give rise to ligament injuries. Athletes involved in indoor health activities are at high risk of ligament tear. This generates the demand for ankle braces. These products help to restrict the movement of affected part thereby making the healing process faster. Orthopedic braces help athletes to protect themselves from further injury. It helps to restrict the movement of the unwanted part during any activity, thereby facilitating a convenient play.

Product Insights

Knee supports and braces segment held the largest market share in 2015, due to a large number of people affected by knee joint and related injuries. Knee braces helps in pressure relief from the joints that are affected by arthritis.

Foot and ankle braces are anticipated to show lucrative growth over the forecast period. This is due to the rising number of participation in sports related activities by people of all age group. The increasing number of participants in Paralympics also supports the growth of the market. Upper extremity supports and braces segment are also expected to grow at a significant rate in near future.

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On the basis of end use, the market is segmented into hospitals,orthopedic clinics, Over-the-Counter (OTC), and other facilities.Orthopedic clinics contributed to the largest market share in 2015, due to reluctance of patients to visit speciality clinics for acute musculoskeletal disorders.

OTC segment is expected to witness an attractive growth over the forecast period as the orthopedic braces and supports are easily available in retail pharmacies. OTC products do not require any prescription of doctor, so patients with acute muscle problems prefer OTC products.

Regional Insights

North America held the largest market share in 2015, due to the rising prevalence of arthritis in the U.S. People are at a high risk of osteoporosis in the U.S. due to increase in geriatric and obese population. Increased participation in sports related activities in conjunction with rise in awareness level among people related to orthopedic braces and supports is expected to further support market growth.

Asia Pacific is expected to exhibit fastest growth over the forecast period. This is due to the rise in geriatric population in the region which in turn increases the demand for orthopedic braces and supports, thereby accentuating the growth of the market.

Competitive Insights

Few major companies of the market include DJO Global, Inc.;Breg, Inc.;Alcare Company Ltd.;Bauerfeind AG;Össur Corporate;McDavid Knee Guard, Inc.; FLA Orthopedics, Inc.; Otto Bock Healthcare GmbH; and Frank Stubbs Co., Inc.

The key players are focusing on strategic initiatives such as mergers, acquisitions, new product development, and regional expansions. For instance, in 2015, Merz North America acquired ON Light Sciences, Inc., a company specializing in laser-based dermatology with an aim to expand its esthetic product portfolio. These companies are also concentrating on the manufacture of customized braces & supports to cater to the individual needs of the patients.