Latest Market Trends

Deep Learning Market Hit Almost US$ 10.2 Billion Figure By 2025

Growing applicability in the self-governing automobiles and healthcare businesses is likely to add considerably to the progress of the business.

The global Deep Learning Market is estimated to touch US$ 10.2 billion by the completion of the prediction period. The market was appreciated by US$ 272.0 million in the year 2016. Growing applicability in the self-governing automobiles and healthcare businesses is likely to add considerably to the progress of the business. This expertise is attaining importance because of its applications, which motivated by multifaceted data, comprising the recognition of image and voice. It proposes an enormous opening for investment. It leveraged above additional expertise to overcome defies of greater sizes of information, extraordinary supremacy of calculating, and development in data storing.

The Deep Learning market is estimated to develop at a CAGR of 52.1% for the duration of the prediction. The deep learning industry on the source of Type of End Use could span Manufacturing, Defense & Aerospace, Healthcare, Automobile, and Others. The deep learning in the subdivision of Defense & Aerospace contributed over 20% stake of the market income in the year 2016. Owing to its detection of malware, spectrogram analysis, applicability remote sensing, identifying network anomalies, and object detection & localization. Additionally, the universal drive GPUs are progressively increasing from aircraft cockpit to soldier infantry by means of wearable computing.

The deep learning industry on the source of Type of Application could span Data mining, Voice recognition, Video surveillance & diagnostics and Image recognition. The subdivision of image recognition ruled the business in the year 2016. It has bagged an income stake of above 40%. Some of the most extensively utilized applications of this expertise comprises Facebook’s feature of facial recognition. It extensively utilized to identify shapes in formless information comprising videos, text, images and sound.

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The Deep Learning market on the source of Type of Service could span Maintenance & Support Services, Installation Services, Integration Services, Hardware and Software. The deep learning industry on the source of Type of Hardware could span Application-Specific Integrated Circuit [ASIC], Graphics Processing Unit [GPU], Field Programmable Gate Array [FPGA], Central Processing Unit [CPU].

The subdivision of Graphics Processing Unit [GPU] ruled the hardware section in the year 2016. GPUs proposes a quicker presentation as matched to additional chipsets. The increasing necessity for superior pictorial content has headed to an augmented demand for GPUs in deep learning uses.

The Deep Learning 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, North America ruled the deep learning industry by way of an income stake of more than 45% in the year 2016. It could be credited to augmented investments in neural networks and artificial intelligence. The greater acceptance of pattern recognition and image in the area likely to exposed new-fangled openings of development above the prediction period. Furthermore, the area is some of the initial implementer of progressive expertise, interpretation establishments to accept deep learning capabilities by a quicker speed.

Additionally, improved government backing is estimated to deliver an optimistic influence on the progress of the business. The institutions of subcommittees on machine learning and artificial intelligence inside the central government are giving power for the development of the business.

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Europe has backed the progress of the businesses; such as numerous new-fangled actions have been booked to back the subdivision of artificial intelligence in the area to increase development and provide an alphanumeric economy. This, consecutively, has presented sizeable growth openings of development in the field. The UK is behind the expertise to develop more in the parts of self-governing automobiles, computer-generated safety and clever devices.

The statement revises Trades in terms of intake of Deep Learning 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 on international basis are Microsoft Corporation, Intel Corporation, Google, Inc., AWS, Sensory Inc., IBM and Amazon Web Services. Additional notable hardware manufacturing companies operating in the field are- NVIDIA Corporation, Qualcomm Technologies, Samsung Electronics, Micron Technology, OMRON, General Vision, Xilinx, Graph core, and Mellanox Technologies.

Market Segment:

Deep Learning Solution Outlook (Revenue, USD Million; 2014 – 2025)
• Hardware
  • Software
  • Service
      • Installation services
      • Integration services
      • Maintenance & support services

Deep Learning Hardware Outlook (Revenue, USD Million; 2014 – 2025)
  • Central Processing Unit (CPU)
  • Graphics Processing Unit (GPU)
  • Field Programmable Gate Array (FPGA)
  • Application-Specific Integrated Circuit (ASIC)

Deep Learning Application Outlook (Revenue, USD Million; 2014 – 2025)
  • Image recognition
  • Voice recognition
  • Video surveillance & diagnostics
  • Data mining

Deep Learning End-use Outlook (Revenue, USD Million; 2014 – 2025)
  • Automotive
  • Aerospace & defense
  • Healthcare
  • Manufacturing
  • Others

Deep Learning Regional Outlook (Revenue, USD Million; 2014 – 2025)
  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • UK
  • Asia Pacific
      • China
      • India
      • Japan
  • Latin America
      • Brazil
      • Mexico
  • Middle East and Africa

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Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market Projected To Reach Height of USD 5.1 Billion By 2025

The global Augmented reality (AR) & virtual reality (VR) in healthcare market size is expected to value at USD 5.1 billion by 2025. The augmented reality (AR) & virtual reality (VR) in healthcare industry is subject to witness a substantial growth due to the growing implementation of augmented reality (AR) and virtual reality (VR) in healthcare sector, increasing focus towards development of latest technologies, and recent infrastructural activities in healthcare sector.

Factors responsible for sustained market growth in the last few years include increasing focus on surgical simulations, diagnostic imaging, patient care management, rehabilitation, and pain management. Globally, the augmented reality & virtual reality in healthcare market is predicted to grow at CAGR of 29.1% in forecast period providing numerous opportunities for market players to invest in research and development in the augmented reality (AR) & virtual reality (VR) in healthcare industry.

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Increasing adoption of advanced technologies such as augmented reality (AR) & virtual reality (VR) are expected to revolutionize the healthcare sector due to their vast set of applications such as virtual training exercises for surgeons during complex surgeries, 3-D OPDs simulations, phobia buster in mental health treatment, and chronic pain management.

Virtual reality (VR) technology is widely adopted in Eye Movement Desensitization and Reprocessing (EMDR) therapy. Additionally, virtual reality (VR) technology aids in treatments such as autism therapy, depression therapy, cancer therapy and rehabilitation. Virtual reality (VR) technology based organ prototypes helps surgeons by preparing them for highly-sensitive and complex set of operations that require high accuracy, lessened complications and minimum trauma cases.

Growing popularity of augmented reality (AR) as a training and education tool is expected to widen the market reach in forecast period. Additionally, increasing use of augmented reality based apps include enhanced care for patients across the globe. Inception of highly advanced technology solutions such as vein visualization technology, which is implemented on a handheld scanner, helps healthcare professional, doctors and nurses to identify veins and valves accurately in time constrained environment to reduce pain during surgical procedures.

Various augmented reality (AR) android & iOS apps helps healthcare in aftercare of patients and aids elderly people to administer their medications intake. The rise in adoption of augmented reality (AR) & virtual reality (VR) is not only allows better patient care management but also offers real-time services, thus expanding market reach in the forecast period.

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Augmented reality (AR) market segment has witness substantial growth over the forecast period owing to factors such as increasing preference toward AR as a training and education tool by healthcare professionals. Recent technological advancement and growing infrastructural activities in healthcare sector has paved way for increasing demand for augmented reality (AR) in healthcare IT industry.

Other factors attributing to the growth of AR market segment are assistance in patient care & management services, and medical imaging along with head-mounted displays. Growing popularity of augmented reality (AR) in fitness management due to development of numerous AR-based wellness and fitness apps, are transforming the fitness sector.

The augmented reality (AR) & virtual reality (VR) in healthcare market is divided by region such 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 adoption of latest technologies in medicine and pharmaceutical sector, growing prevalence of neurological & psychological disorders, and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the augmented reality & virtual reality in healthcare industry with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with rise in the prevalence of chronic diseases, and increase in number of internet & smartphone users, rise in government initiatives for adoption of digital & advanced technologies and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the augmented reality (AR) & virtual reality (VR) in healthcare market are Intuitive Surgical, Inc., CAE Healthcare Pvt. Ltd., 3D Systems Incorporations, Hologic Incorporations, and Laerdal Medical Corporations.

Market Segment:

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

Technology Outlook (Revenue, USD Million, 2014 – 2025)
  • Augmented Reality
• Surgical Application
  • Rehabilitation
  • Training & Medical Education
  • Virtual Reality
  • Simulation
  • Diagnostics
  • Virtual Reality Exposure Therapy
  • Rehabilitation
  • Pain Distraction

Regional Outlook (Revenue, USD Million, 2014 – 2025)
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • Asia Pacific
  • China
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • South Africa

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Net-Zero Energy Building (NZEBs) Market Will Accomplish Outstanding USD 205.2 Billion Figure By 2025

It is a building with zero net energy depletion that is the whole amount of energy used by the building on a yearly basis is coarsely equal to the amount of renewable energy formed on the site.

Global Net-Zero Energy Buildings (NZEBs) Market is expected to reach USD 78.79 billion by 2025. Net-Zero Energy Building (NZEBs) is also termed as zero-energy building, zero net energy (ZNE), or net zero building are commercial or residential building with significantly reduced energy need. It is a building with zero net energy depletion that is the whole amount of energy used by the building on a yearly basis is coarsely equal to the amount of renewable energy formed on the site. The Net-Zero Energy Buildings (NZEBs) 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.

Net-Zero Energy Building (NZEBs) Market is segmented based on equipment type, services, application, and region. HVAC systems, lighting, walls & roofs, and other equipment types could be explored in Net-Zero Energy Building (NZEBs) in the forecast period. HVAC systems sector accounted for the substantial market share and is estimated to lead the overall market in the coming years.

Consulting & designing and software are the two main services that could be explored in Net-Zero Energy Building (NZEBs) in the forecast period. Software’s are mainly used by consultants, architects, designers, and engineers and comprises of various designing tools like AutoCAD and CAD. The consulting & designing sector accounted for the substantial market share of Net-Zero Energy Buildings (NZEBs). This may be because of growing awareness and high demand for ZNE structures from residential and commercial sectors across the globe. Also, software sector is estimated to grow at steady pace in the coming years.

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The market may be categorized based on applications like residential, commercial, and others that could be explored in the forecast period. The commercial sector accounted for the largest market share of Net-Zero Energy Building (NZEBs) and is estimated to lead the overall market in the coming years. This may be because of high demand from residential area. Commercial building structure includes huge production/.manufacturing plants, institutes, government offices, and corporate offices. The residential sector is estimated to grow at fastest pace in the coming years.

Globally, North America accounted for the largest market share of Net-Zero Energy Building (NZEBs) and is estimated to lead the overall market in coming years. The United States and Canada are the major consumers of overall market in the region. The reason behind the overall market growth could be a strict the United States government policy to accomplish the sustainability of present and new buildings and presence of numerous Net-Zero Energy Building in California.

Instead, 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 fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing population in urban areas, increasing awareness among populace regarding green buildings, and growing investment in infrastructural development. The developing countries as Japan, India, and China are the major consumers of Net-Zero Energy Buildings (NZEBs) in the region.

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The key players of Net-Zero Energy Building (NZEBs) Market are Schneider Electric, Johnson Controls, Siemens AG, SunPower Corporation, Integrated Environmental Solutions, Kingspan Group, and General Electric. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Market Segment:

NZEBs Equipment Outlook (Revenue, USD Million; 2014 – 2025)
• Lighting
  • HVAC Systems
  • Walls & Roofs
  • Others

NZEBs Services Outlook (Revenue, USD Million; 2014 – 2025)
• Software
• Consulting & Designing

NZEBs Building Type Outlook (Revenue, USD Million; 2014 – 2025)
• Commercial
• Residential

NZEBs Regional Outlook (Revenue, USD Million; 2014 – 2025)
  • North America
• U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Sweden
  • Netherlands
  • Norway
  • Finland
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Singapore
  • Australia
  • South America
  • Brazil
  • The Middle East & Africa

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Laundry Detergent Market Achieve Mildstone of USD 205.2 Billion

The factors that are playing a key role in raising the market share include rise in industrialization in the developing countries, urbanization, product introductions, augmentation in the disposable income, rising demand for eco-friendly liquid laundry detergents, growing penetration of washing machines, mounting demands from the developing nations

Global Laundry Detergent Market is anticipated to reach USD 205.2 billion by 2025. Laundry detergent exist as a dry powder or liquid. Less expensive detergents have no enzymes. The factors that are playing a key role in raising the market share include rise in industrialization in the developing countries, urbanization, product introductions, augmentation in the disposable income, rising demand for eco-friendly liquid laundry detergents, growing penetration of washing machines, mounting demands from the developing nations, rise in the expenditure by the customers, and rising prerequisites among the masses.

On the other hand, there are factors that may hamper the growth of the market including low durability of organic detergents, harmful effects of constituents used in laundry detergents on skin, increasing competition between global and regional companies and continuously fluctuating price of raw materials. Laundry Detergents Market is anticipated to grow at a significant CAGR of 4.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Laundry Detergent industry could be explored by product type, application, sale channel, and geography. The key product type in the market include Powder Detergents, Liquid Detergents, Detergent Tablets, Fabric Softeners, and Others. The “Powder Detergents” segment led the Laundry Detergents Market in 2016 and is anticipated to maintain its dominance by 2025 due to a huge population is based in rural parts and selection of powder-based products over the other products, and consumers’ preference for economical products. “Powder Detergents” segment is followed by “Liquid Detergent” segment.

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The laundry detergents industry by application could span Industrial or Institutional, and Household. The “Household” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to increasing saturation of washing machines in emerging economies. The laundry detergent industry could be explored based on sale channel as Drugstores and pharmacies, Hypermarkets and supermarkets, and Convenience stores.

Asia-Pacific accounted for the major share of the Laundry Detergent Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increased competition owing to increasing acceptance of regional brands, and growing prominence of regional brands in rural India, emerging economies, mounting disposable income of the population, wider customer base, and enhanced standard of living. Countries including China, and India have been recognized as the important contributors to the market growth.

Some of the key players that fuel the growth of the laundry detergent industry comprise Johnson & Son, Inc., BASF SE, AkzoNobel, DuPont, Unilever, Lion Group, The Dow Chemical Company, Henkel AG, Church & Dwight Co., Inc., Procter & Gamble, and Amway. 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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Product Outlook (Revenue, USD Million; 2014 – 2025)
• Powder detergents
  • Liquid detergents
  • Fabric softeners
  • Detergent tablets
  • Others

Application Outlook (Revenue, USD Million; 2014 – 2025)
• Household
• Industrial or Institutional

Regional Outlook (Revenue, USD Million; 2014 – 2025)
  • North America
• U.S.
  • Canada
  • Europe
  • Germany
  • Russia
  • UK
  • Asia Pacific
  • China
  • Japan
  • India
• CSA
  • Brazil
  • Middle East & Africa
  • Saudi Arabia

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Fiberglass Market Will Accomplish Outstanding USD 21.27 Billion Figure By 2025

It is developed by pouring molten glass via superfine holes. The factors that drive the growth of the fiberglass industry include an increasing number of wind turbine installations, use of fiberglass composites by the automotive industry for enhanced performance, and extensive use of fiberglass in the construction industry.

Global Fiberglass Market is anticipated to reach USD 21.27 billion by 2025. Fiberglass implies fiber-reinforced plastic where reinforcement fiber is mainly glass fiber. It is developed by pouring molten glass via superfine holes. The factors that drive the growth of the fiberglass industry include an increasing number of wind turbine installations, use of fiberglass composites by the automotive industry for enhanced performance, and extensive use of fiberglass in the construction industry. On the other hand, there are factors that may hamper the growth of the market including high manufacture cost of fiberglass. Fiberglass Market is anticipated to grow at a significant CAGR of 5.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by type, application, end user, and geography. The key applications that could be explored in the market include Composites, and Insulation. The “Composites” segment led the Fiberglass industry in 2016 and is anticipated to maintain its dominance by 2025. The market could be explored based on Type as Yarn, Glass Wool, Chopped Strands, and Roving. The “Wool” segment led the Fiberglass Market in 2016 and is anticipated to maintain its dominance by 2025 owing to increasing use of glass wool in construction sector for insulation. The rising construction expenditure in emerging countries is an important factor expected to drive the demand for glass wool in the forecast period. “Wool” segment is followed by “Chopped” segment.

Fiberglass industry may be analyzed by end user as Building and Construction, Automobiles, Wind Energy, and Aerospace. The “Automotive” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to the fact that fiberglass is mainly used in manufacturing of automobile parts such as body panels, decks, load floors, wheelhouse assemblies, dash panel assemblies, battery boxes, and front fascia.

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Asia-Pacific accounted for the major share of the Fiberglass Market and will continue to lead in the forecast period. The increasing disposable revenue in Asia Pacific is expected to propel the regional market over the forthcoming period. Furthermore, the rising automobile and construction segments in the region, particularly in India and China is estimated to drive the market.

Some of the key players that fuel the growth of the Fiberglass industry comprise Jushi Group Co. Ltd., Corning, Taishan Fiberglass Inc., Zibo Zhuoyi Fiberglass Material Co. Ltd., Chongqing Polycomp International Corp., Johns Manville, Shandong Fiberglass Group Co. Ltd., XingtaiJinniu Fiberglass Co. Ltd., CPIC Abahsain Fiberglass M.E., W.L.L., and Glasstex Fiberglass Materials Corp. The leading companies are taking up mergers, and acquisitions, partnerships, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Application Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 – 2025)
• Insulation
• Composites

Type Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 – 2025)
  • Glass Wool
  • Yarn
  • Roving
  • Chopped Strands

End-use Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 – 2025)
  • Automobiles
  • Building and Construction
  • Aerospace
  • Wind Energy

Regional Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 – 2025)
  • North America
• U.S.
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • Japan
  • India
• South Korea
• Central & South America
• Middle East & Africa

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Europium Market Anticipated To Witness Huge Growth In Upcoming Year

Europium is one of the least abundant elements in the world and mostly found in the minerals like monazite and bastnaesite. Globally, technical growth in the field of earth metal nano-crystals will drive the market growth.

Global Europium Market is anticipated to reach USD 308.9 million by 2025. Europium is a rare earth metal that is ductile and soft, slivery-white in color, instantly oxidizes in water and air. Europium is said to be mildly toxic in nature. It usually ignites in air at the temperature level ranging from 150°C to 180°C. Europium is one of the least abundant elements in the world and mostly found in the minerals like monazite and bastnaesite. Globally, technical growth in the field of earth metal nano-crystals will drive the market growth.

The factors that propel the growth of the Europium industry include increasing application scope of the product in the electrical, automobile, material sciences energy, and industries, developing interest from LEDs, and flat panel displays. On the other hand, there are factors that may hamper the development of the market including strict government regulations, high cost involved in Research and development. Europium Market is anticipated to grow at a significant CAGR of 4.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by application, end user, and geography. The key application that could be explored in the Europium industry include Catalysts, Permanent Magnets, Glass Polishing, Ceramics, Phosphors, Glass Additives, Metal Alloys, and Others. The “Phosphors” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to the rising usage of the product for the manufacture of blue and red phosphors that is extensively used in smart phones, flat displays, and televisions.

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The Europium Market could be explored based on end user as Lighting, Consumer Electronics, Semiconductors, Healthcare, Automotive, Nuclear Labs, Anti-counterfeiting, Metallurgy, and Others. The “Consumer Electronics” segment led the Europium industry in 2016 and is anticipated to maintain its dominance by 2025 owing to rising electronic industry globally, fast development of the consumer electronics industry (could be mainly ascribed to the increasing volume sales of wearables, 4K televisions, and smart phones, particularly in developing countries in the Asia Pacific region).

Asia-Pacific accounted for the major share of the Europium Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing consumer electronics segment in developing economies such as India, China, Thailand, Vietnam, and Indonesia, is anticipated to propel the demand in the region in the forecast period.

Some of the key players that fuel the growth of the Europium industry comprise Indian Rare Earth Ltd., China Minmetals Corporation, Arafura Resources Ltd., Great Western Minerals Group Ltd, Avalon Advanced Materials Inc., Baotou Steel Rare-Earth, Lynas Corporation Ltd., Hastings Technology Metals Ltd, All-Chemie Ltd., Canada Rare Earth Corporation, Neo Performance Materials, Rare Element Resources Ltd., American Elements, Minmetals Corporation, Xiamen Tungsten, and Lynas, ACI Alloys Inc, and Molycorp. The leading companies are taking up mergers and acquisitions, partnerships, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
• Permanent Magnets
  • Catalysts
  • Glass Polishing
  • Phosphors
  • Ceramics
  • Metal Alloys
  • Glass Additives
  • Others

End Use Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
  • Consumer Electronics
  • Lighting
  • Semiconductors
  • Automotive
  • Healthcare
  • Nuclear Labs
  • Metallurgy
  • Anti-counterfeiting
  • Others

Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
  • North America
• U.S
  • Canada
  • Europe
  • Russia
  • Asia Pacific
  • China
  • India
  • Australia
  • Central & South America
  • Brazil
  • Middle East & Africa
  • South Africa

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Esterquats Market Anticipated To Witness Huge Growth In Upcoming Year

Additionally, the rise in requirement for high performance and sweet-scented fabric softeners is anticipated to fuel demand for the market over the forecast period.

The global Esterquats Market size is expected to value at USD 3.45 billion by 2024. The market is subject to witness a substantial growth due to the growing demand from fabric softener industry. Additionally, the rise in requirement for high performance and sweet-scented fabric softeners is anticipated to fuel demand for the market over the forecast period. Other factors responsible for the growth of the market are rise in the awareness among users, increase in the personal disposable income and innovation in fabric softener products. Globally, the esterquats industry is predicted to grow at CAGR of 11.0% in forecast period, providing numerous opportunities for market players to invest for research and development in the market.

With the recent technological developments coupled with superior performance and lower cost of esterquats products have led to increasing adoption of esterquats during production of fabric softeners. Esterquats offers low toxicity and bio-degradability, which makes it an ideal alternative to dihydrogenated tallow alkyl dimethyl ammonium chloride during manufacturing of fabric softeners. Rise in the investment by industry leaders in research and development of esterquats is expected to propel the growth of the market in coming years.

Hair care is one of the fastest growing segment in esterquats market with higher revenue generation over the forecast period. Governmental laws and regulation related with use of conventional material and their environmental impact, is promoting adoption of esterquats in health and beauty care industry. With rise in the young population across the globe coupled with rapid urbanization, higher employment rate, and rise in the standard of living are catering to the growth of the market in coming years.

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Latest trends such as salon hair care and rise in the investment by market players in the hair care sector are further driving growth of the market. Properties such as bio-degradability of esterquats are vital during production of car washes, thus expanding reach of esterquats industry. Rise in popularity of the esterquats in the automobile sector is directly attributed to the properties such as anti-rust and corrosion resistance.

Constant changes in lifestyle, improved living standards and higher purchasing power of consumers are spurring market demand further. Increased sales of washing machines in developing and underdeveloped economies across the globe is expected to further augment growth of the esterquats market. Esterquats are primarily used as a cationic surfactant during various manufacturing processes such as washing, cleaning of large materials, and paper softening. Important characteristics of the esterquats such as surface activity, substantively, anti-microbial, and anti-static characteristics vital during numerous industrial applications. Early adoption of the cleaning processes during industrial applications limits corrosion and improves overall life span of the product.

Esterquats, also known as a quaternary ammonium compound, consists of two long fatty acid chains with two weaker ester bonds. Addition of two ester bonds into the aliphatic chains has substantially enhanced the bio-degradation process of the cationic surfactants, thus limiting negative impact on the environment.

The esterquats industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the number of governmental regulation associated with adoption of environmental friendly products, and easy accessibility for numerous fabric softeners. The demand in Europe is driven by countries such as UK, Germany, Spain, and Italy. Asia-Pacific region is predicted to hold major market share in the esterquats market with massive growth in forecast period. Countries such as South Korea, Japan, and China are leading the Asia-Pacific market with rising awareness among users related to health benefits of various ingredients used during production personal care and fabric care products and growing investment by industry leader considering poetical opportunities in the region.

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The key players in the esterquats industry are Stepan Company Incorporations, Kao Chemicals Europe, S.L., Evonik Industries AG, AkzoNobel N.V., Chemelco International B.V., ABITEC Co., BASF Co., Lubrizol Co., Italmatch Chemicals S.p.A., and Clariant Chemicals Limited.

Market Segment:

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2010 – 2024)
• Fabric Care
• Personal Care
• Industrial

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 – 2024)
  • North America
  • Europe
  • Indian Sub-Continent
  • Rest of Asia Pacific
  • Latin America
  • GCC
  • KSA
  • Rest of Middle East
  • Africa

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Aluminum Casting Market Is Burgeoning Worldwide By 2025

The market is subject to witness a substantial growth due to rise in the adoption of aluminum in automobile sector by substituting heavy metals such as iron and steel.

The global Aluminum casting market size is expected to value at USD 97.36 billion by 2025. The market is subject to witness a substantial growth due to rise in the adoption of aluminum in automobile sector by substituting heavy metals such as iron and steel. In addition, increasing adoption of aluminum metal in building & construction industry is anticipated to boost demand of market during the forecast period. Globally, the market is predicted to grow at CAGR of 7.8% in forecast period, providing numerous opportunity for market players to invest for research and development in the aluminum casting market.

Wide popularity of aluminum casting among various industries is credited to its exclusive features such as high strength and its lightweight. Constant demand from automotive industry for vehicle manufacturing in order to enhance fuel efficiency and limit carbon dioxide emission is key driver for the growth of the aluminum casting market in recent years. One of the widely popular segment of the aluminum casting market is die casting. Increasing adoption of the die casting in the automotive industry is due to factors such as high efficiency, and its ability to mold dry cast into any of shapes and size during the casting processes.

Aluminum casting has become vital during production of vehicle parts similar to engine cylinders, engine blocks, gears boxes, rims, and wheel spacer. Increasing demand from automotive and transport industry are expected to fuel growth of the aluminum casting market in coming years. Furthermore, increasing demand for lighter vehicle and improved fuel efficiency by end-user is expected to trigger growth of the aluminum casting market over the forecast period. Aluminum is ideal substitute for heavy metal such as iron and steel as it limits emission of carbon dioxide into atmosphere. Increasing demand form building & construction sector is further attributing to the expansion of aluminum casting market.

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The die casting is considered as one of the fastest growing segment in the aluminum casting market with highest revenue generation in last few years. Rising demand from automotive sector and numerous advantages of die casting are major driver for the growth of the die casting market segment. The die casting offers high strength to the automobile parts as no additional of welding is needed. Lower cost and ease of operation during manufacturing are further amplifying demand of the die casting market segments.

Aluminum castings offers numerous benefits such as ability to mold to any net shape, maximizing the overall manufacturing output with minimum resources for further processing. Such advantages are important in end-user industries. Aluminum casting is a process in which aluminum is melted inside of a furnace or ladle then added into a deep mold, commonly made from sand or other material. During the casting process, a sand mold is used only one time while the aluminum mold or a die can be used multiple times to achieve exact shape of casting material. Aluminum is one of the widely utilized casting metal. With the adoption of latest methodologies such as pressure die-casting, permanent die-casting, sand die-casting, plaster die-casting and investment casting are utilizing less quantity of aluminum in comparison with traditional casting processes.

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The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America and European region have shown major growth in recent years owing to stringent laws and regulation regarding excess of carbon emission, and existence well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the aluminum casting market with massive growth in forecast period. Countries such as India and China are leading the Asia-Pacific market with easy availability of cheap and skillful labor coupled with increasing invest by prominent industry players considering potential opportunities in the region.

The key players in the aluminum casting industry are Alcoa Co., AlcastHQ Ltd., Ryobi Tools Ltd., Dynacast International, Inc., Consolidated Metco, Inc., Martinrea Honsel Inc., and Gibbs Die Casting Co.

Market Segment:

Process Outlook (Volume, Kilotons, Revenue, USD Billion, 2014 – 2025)
• Die Casting
• Permanent Mold Casting
• Other Castings

End-Use Outlook (Volume, Kilotons, Revenue, USD Billion, 2014 – 2025)
  • Transportation
  • Industrial
  • Building and Construction
  • Others

Regional Outlook (Volume, Kilotons, Revenue, USD Billion, 2014 – 2025)
  • North America
• U.S.
  • Mexico
  • Canada
  • Europe
  • Germany
  • Italy
  • Russia
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • South & Central America
  • Brazil
  • Middle East and Africa
  • South Africa

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Foot and Mouth Disease (FMD) Vaccine Market Hit Almost USD 3.0 Billion Figure By 2025

Foot-and-Mouth disease, also termed as “Hoof-and-Mouth Disease” implies an infectious and contagious viral disease that affects cloven-hoofed animals, involving wild and domestic bovids.

Global Foot and Mouth Disease (FMD) Vaccine Market is anticipated to reach USD 3.0 billion by 2025. Foot-and-Mouth disease, also termed as “Hoof-and-Mouth Disease” implies an infectious and contagious viral disease that affects cloven-hoofed animals, involving wild and domestic bovids. The after-effects of foot and mouth disease include high fever that lasts for two to six days. The symptoms include blisters on the feet and inside the mouth. Foot and Mouth Disease (FMD) Vaccine has significant economic impact.

The factors that propel the growth of the market include changing lifestyle coupled with change in food preference, increasing awareness among people, and increased acceptance of oil-based vaccines due to their developed effectiveness. On the other hand, there are factors that may hamper the growth of the market such as less immunity, high cost, and instability at room temperature (3-8 ° C). Foot and Mouth Disease Vaccine Market is anticipated to grow at a significant CAGR of 8.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Foot and Mouth Disease (FMD) Vaccine Industry may be explored by product type, application, and geography. The market may be explored by product type as Conventional vaccines, and Emergency vaccines. The “Conventional vaccines” section dominated the FMD Vaccine Market in 2016 and is anticipated to maintain its dominance by 2025 owing to an increasing penetration of oil-based vaccines due to their higher efficacy and long-term effectiveness.

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Foot and Mouth Disease (FMD) Vaccine Market may be explored by application as Sheep and goats, Cattle, and Pigs. The “Cattle” section dominated the Foot and Mouth Disease Vaccine industry in 2016 and is anticipated to maintain its dominance by 2025 owing to improved demand for livestock products. Asia-Pacific accounted for the major share of the Foot and Mouth Disease (FMD) Vaccine Market Size in 2016 and will continue to lead in the forthcoming period. The factors that could attribute to the growth include growing R&D investment. Asia-Pacific is followed by North America.

Some of the key players that fuel the growth of the Foot and Mouth Disease (FMD) Vaccine industry comprise Ceva, SEPPIC, Bayer HealthCare, Inovio Pharmaceuticals, and Plumbline Life Sciences, Merck, BiogénesisBagó, Indian Immunologicals, Brilliant Bio Pharma, Boehringer Ingelheim. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to increase the inorganic growth of the industry.

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Market Segment:

Technique Outlook (Revenue, USD Million, 2014 – 2025)
• Conventional vaccines
• Aluminum hydroxide/Saponin-based vaccines
• Oil-based vaccines
• Emergency vaccines

Animal Type Outlook (Revenue, USD Million, 2014 – 2025)
  • Cattle
  • Sheep and Goat
  • Pigs
  • Others (antelope, deer, bison, camelids)

Regional Outlook (Revenue, USD Million, 2014 – 2025)
  • North America
• Europe
  • Asia Pacific
  • India
  • China
  • Japan
  • Malaysia
  • South Korea
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • South Africa
  • Nigeria
  • Saudi Arabia

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Research Support Specialist, USA

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Commercial Kitchen Equipment Market Attain Height of USD 112.47 Billion Worldwide

Commercial Kitchen Equipment Market is anticipated to reach USD 112.47 billion by 2025. Commercial cooking equipment are an important part of food processing & service industry. This equipment is commonly used in hotels, restaurants, and the other commercial kitchens for ease in food preparation, and reduction in labor & operational cost and rising concerns regarding food safety will boost the commercial kitchen equipment industry growth in the years to come. Increase in disposable income is bound to boost the market growth.

On the other hand, there are factors that may hamper the growth of the commercial kitchen appliances market such as volatile prices of raw material, and high cost of initial investment in with regards to the production plant. The market 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.

Commercial kitchen equipment industry may be explored by type, end user, and geography. The market may be explored by type as Char Broilers/Broilers/Griddles/Grills, Braising Pans/Tilting Skillets, Cook-chill Systems, Steamers, Fryers, Ovens, Ranges, Cookers, Kettles, and Others. The “Cookers” segment dominated the commercial kitchen equipment market in 2016 and is anticipated to maintain its dominance by 2025 owing to utilization of cookers by several catering companies, end-users, hotels, and restaurants.

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Commercial kitchen appliances industry may be explored by end user as Fast Food Chain (FFC), Café & Bar, QSR, Railway Dining, Institutional Canteen, Ferry & Cruise, Resort & Hotel, Hospital, FSR, and Others. The “QSR” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025. The QSR segment is anticipated to grow at the highest CAGR of 7.5% over the forthcoming period.

North America accounted for the major share of the commercial kitchen equipment market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include surge in the number of fast food outlets due to hectic & busy lifestyle, rise in eating out expenditure, and increase in the number of working women. North America is followed by Europe and Asia-Pacific.

Some of the key players that fuel the growth of the commercial kitchen equipment industry comprise Hamilton Beach, Hobart, Carrier Corporation, Middle by Corporation Company, True Manufacturing, The Vollrath Company, LLC, and AIHO Corporation. 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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Market Segment:

Commercial Kitchen Appliances Product Outlook (Revenue, USD Million; 2014 – 2025)
• Refrigerator
• Cooking Appliance
• Cooktop & Cooking Range
• Induction
• Gas & Electric
• Oven
• Convection
• Microwave
• Combination
• Rice Cooker
• Dishwasher
• Others

Commercial Kitchen Equipment Product Outlook by End-Use (Revenue, USD Million; 2014 – 2025)
• QSR
• Fast Food Chain (FFC)
• Café & Bar
  • Railway Dining
  • Ferry & Cruise
  • Institutional Canteen
  • Resort & Hotel
  • Hospital
  • FSR
  • Others

Commercial Kitchen Appliances Regional Outlook (Revenue, USD Million; 2014 – 2025)
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

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