Aerogel Market Will Target Emerging Markets by 2018 to 2025: Grand View Research Inc.

The global aerogel market size is expected to reach USD 3.29 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 22.6% CAGR during the forecast period. The market is majorly driven by growing demand from various end-use industries such as oil and gas, building and construction, automotive, aerospace and marine, and performance coatings. Robust expansion of the building and construction industry will positively impact demand for aerogel over the forecast period as number of residential and commercial construction projects rise across the globe.

North America was the largest regional market in 2016 in terms of revenue, driven by robust growth in various end-use industries, especially in U.S. Furthermore, positive outlook of the oil and gas industry is expected to boost demand over the next few years. Aerogel offers several advantages such as low installation costs and improved pipeline compression resistance.

The market is fragmented in nature and is marked by presence of several global as well as regional players. Key players include Aspen Aerogels Inc.; Cabot Corporation; Aerogel Technologies LLC; BASF SE; and Dow Corning Corporation. The vendor landscape is characterized by new product launches as manufacturers are investing on R&D activities to increase their market presence across geographies.

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www.grandviewresearch.com/industry-analysis/aerogel-market

Further key findings from the repot suggest:

·       By product, the silica-based aerogel segment was valued at USD 394.67 million in 2016. Silica is the most commonly used aerogel and is widely used for insulation purposes in various industries such as oil and gas, construction, and automotive

·       Blanket emerged as the largest form segment in 2016, accounting for 70.3% of the global revenue. Monolith, particle, and panel together made up for rest of the global revenue.

·       On the basis of end use, the building and construction sector is slated to hold the largest market share by 2025 in terms of revenue. Space heating consumes most of the energy in homes and efforts are being taken to increase the usage of aerogel for insulation

·       By technology, supercritical drying was estimated to be the largest segment in 2016, accounting for 78.1% of the global revenue

·       Europe was the second-largest market, driven by projects such as AerSUS (run by a group of companies and research institutions to develop new aerogel applications and products for the aerospace industry). Such initiatives are expected to result in the further expansion of the aerogel market in Europe

·       The global aerogel market is highly competitive with a handful of key players such as Aspen Aerogels and Cabot Corporation holding a majority share of the market. These players have a stronghold in R&D, better intellectual properties, established and well-recognized products, and brands, thereby making it difficult for new players to compete in the market.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the global aerogel market on the basis of product, form, end use, technology, and region:

Aerogel Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Silica

·         Polymer

·         Carbon

·         Others

Aerogel Form Outlook (Revenue, USD Million, 2014 - 2025)

·         Blanket

·         Particle

·         Panel

·         Monolith

Aerogel End-use Outlook (Revenue, USD Million, 2014 - 2025)

·         Oil & Gas

·         Building & Construction

·         Automotive, Aerospace & Marine

·         Performance Coatings

·         Others 

Aerogel Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Supercritical Drying

·         Other Drying

Aerogel Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    U.K.

·         Asia Pacific

o    China

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa

Access Press Release of Aerogel Market@: www.grandviewresearch.com/press-release/global-aerogel-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

GCC Protective Relay Market Expected to Behold a CAGR of 5.4% through 2010- 2024: Grand View Research Inc.

The GCC protective relay market is expected to reach USD 377.4 million by 2024, according to a new report by Grand View Research, Inc. Escalating investments in the transmission & distribution infrastructure to substitute the aging equipment is a key factor instigating the protective relay demand in the power systems. The increasing complexity of electrical circuits has made it unavoidable to use protective devices for the safe & secure operation. The increasing electricity generation capacity to fulfill the growing population’s electricity needs is anticipated to remain as a chief factor driving the market growth. However, the cost associated with the installation & maintenance of protective relays is projected to challenge the market over the forecast period.

The GCC protective relay market is expected to gain prominence over the forecast period owing to the population growth coupled with the increasing domestic power consumption in Saudi Arabia. Furthermore, upcoming events, such as 2022 FIFA World Cup, would further lead to increased investments in the infrastructure development, thereby spurring the electricity demand in GCC. This would subsequently elevate the need for protective relays to safeguard the power systems in this region.

Access Research Report of GCC Protective Relay Market @: www.grandviewresearch.com/industry-analysis/gcc-protective-relay-market

Further key findings from the report suggest:

·       The medium voltage segment accounted for over 35% of the overall revenue in 2015 and is expected to witness a rapid growth at a CAGR of over 6.3% from 2016 to 2024. This is due to their usage in the protection of buildings such as houses, hospitals, shopping malls, and warehouses, which supply medium voltage power.

·      The growth in the feeder protection application segment can be primarily attributed to the surging need to protect overhead cables and lines utilized for the electricity transmission. The segment is estimated to witness a growth exceeding the CAGR of 5.5% from 2016 to 2024.

·      The power sector is projected to witness a significant growth over the forecast period owing to the integration of relays to ensure safety and security of equipment and personnel at the power stations. The segment captured a sizeable market share in 2015 accounting for over 40% of the overall revenue share in the same year.

·       Saudi Arabia accounted for more than 40% of the overall share in 2015. However, UAE is estimated to exhibit the high growth over the next few years owing to the surging industrial, infrastructure, and power projects in this country.

·       The key market participants include Siemens, ABB, GE-Alstom, and Schneider. Industry participants strive to undertake product differentiation and technological advancements so as to gain a competitive edge in the market.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the GCC protective relay market on the basis of voltage, application, end-use, and region:

GCC Protective Relay Voltage Outlook (Revenue, USD Million; 2010 - 2024)

·         Low

·         Medium

·         High

GCC Protective Relay Application Outlook (Revenue, USD Million; 2010 - 2024)

·         Feeder Protection

·         Generator Protection

·         Bus-Bar Protection

·         Capacitor Bank Protection

·         Breaker Protection

·         Transformer Protection

·         Others

GCC Protective Relay End-Use Outlook (Revenue, USD Million; 2010 - 2024)

·         Infrastructure

·         Industrial

·         Government

·         Power

·         Others

GCC Protective Relay Regional Outlook (Revenue, USD Million; 2010 - 2024)

·         Saudi Arabia

·         UAE

·         Bahrain

·         Kuwait

·         Qatar

·         Oman

Access Press Release of GCC Protective Relay Market@: www.grandviewresearch.com/press-release/global-gcc-protective-relay-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Attractive Market Opportunities in the Membrane Air Dryers by 2020: Grand View Research Inc.

The Global Membrane Air Dryers Market is expected to reach USD 662.7 million by 2020, according to a new study by Grand View Research, Inc. Apart from regular air purity requirements, special applications require high degree of air purification, particularly in the medical sector, which is expected to drive the membrane air dryers market. These products are increasingly being used in the medical sector, particularly dentistry.

Membrane air dryers help save energy as they do not require electricity to operate; they also improve manufacturing processes, reduce plant noise and enhance the overall system reliability. The presence of water vapor or moisture in compressed air or steam employed in food processing may lead to significant problems, thereby driving the membrane air dryers market. Further, the meat and dairy industry needs to comply with several hygiene requirements in their food preparation areas. Membrane air dryers prevent air compressors from corrosion or rust and provide improved operational efficiency, which is also expected to favorably impact market growth.

Access Research Report of Membrane Air Dryers Market @: www.grandviewresearch.com/industry-analysis/membrane-air-dryers-market

Further key findings from the study suggest:

·       Porous dryers are expected to remain the leading product segment over the next six years. Membrane air dryers combined with a coalescing filter provide peak overall system performance along with optimal total cost of ownership, which is expected to favorably impact market demand.

·       Food and beverage applications are expected to witness high growth over the forecast period. Food processing facilities are required operate with a fundamental assumption that compressed air can be a source of chemical and microbiological contamination, thereby making adoption of membrane air dryers crucial. Membrane air dryers offer several benefits over conventional or alternative drying techniques in terms of energy efficiency, which is further expected to spur market demand over the forecast period.

·       North America is expected to emerge as the dominant region, which may be attributed to growing demand in the telecommunication, medical and food & beverage sector. Standards and regulations governing the food processing sector, particularly in Europe and North America are expected to favorably impact regional market growth over the forecast period.

·       Leading market participants include Pentair, Atlas Copco, Gardner Denver, Parker Hannifin, Sullair, etc. Increased investments in R&D activities and new product development, along with emphasizing on providing customized end-use solutions are among the critical success factors for manufacturers.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/semiconductors

For the purpose of this study, Grand View Research has segmented the global membrane air dryers market on the basis of product, application, and region:

Membrane Air Dryers Product Outlook (Revenue, USD Million, 2012 - 2020)

·         Porous

·         Non-Porous

Membrane Air Dryers Application Outlook (Revenue, USD Million, 2012 - 2020)

·         Food & Beverage

·         Medical

·         Industrial

·         Electronics/Semiconductor

·         Telecommunication

·         Others

Membrane Air Dryers Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Membrane Air Dryers Market@: www.grandviewresearch.com/press-release/membrane-air-dryers-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Alzheimer’s Therapeutics Market Expected to Collect $6.4 Billion by the End of 2024: Grand View Research Inc.

The global alzheimer’s therapeutics market is expected to reach USD 6.4 billion in 2024, according to a new report by Grand View Research. Some primary factors driving the market growth includes rising government initiatives in order to raise awareness levels among people.

Growing knowledge about the Alzheimer’s disease (AD) and its high prevalence and incidence in developing economies are few of the major drivers supporting the market growth. Several governments, nonprofit, and private organizations worldwide are actively engaged in increasing people’s awareness regarding progressive AD, such as Alzheimer’s Association, the Alzheimer’s Society of Canada, Alzheimer’s Europe organization, and various other small organizations.

Furthermore, the increased government funding for providing better care and support to the people with partial dementia is another important factor anticipated to enlarge market growth. For instance, organizations like Florida Department of Health, the National Institute of Health, and Alzheimer’s Association in partnership with other private and government organizations provide funds to the research centers.

The presence of various pipeline drugs is anticipated to provide the market with potential growth opportunities. For instance, LMTX by TauRx Pharmaceutical Ltd.; idalopirdine (Lu AE58054) by Lundbeck; crenezumab by AC Immune SA; and BAN2401 by Eisai

Moreover, novel therapeutics with minimal dosage requirement has been introduced resulting in cost-effective alternatives, which is further expected to boost the market growth. For instance, Namzaric by Actavis was developed in two forms: 10 mg and 28 mg. 10 mg requires to be administered twice a day, while 28 mg requires to be administered once in a day.

Access Research Report of Alzheimer’s Therapeutics Market@: www.grandviewresearch.com/industry-analysis/alzheimers-therapeutics-market

Further Key Findings from the Study Suggest:

·       The cholinesterase inhibitors segment was dominant in 2013 but lost hold on the market till 2015. Patent expiry of key drugs such as Aricept, Exelon, and Razadyne was the major factor for decline in market share.

·       Exelon transdermal patch is estimated to lose exclusivity in 2019. It is a highly prescribed drug for the treatment of mild to moderate AD, which contributed toward its revenue generation in 2015.

·       N-methyl-D-aspartate receptor antagonist, on the other hand, is expected to witness a significant growth of around 16.0% over the forecast period owing to introduction of extended relase formulation of Namenda.

·       Other drug therapies such as monocloclonal antibodies and drugs targeting Tau proteins are in being studied in latter phases of the clinical trials. Presence of a strong of pipeline drugs for target disease are attributing toward fastest growth of these drugs

·       North America dominated the overall market in terms of revenue with share of over 33.0% in 2015, which is majorly facilitated by the availability of sophisticated healthcare facilities and infrastructure.

·       Some key players operating in this industry are Pfizer, Inc.; Merck & Co. Inc.; Novartis AG; Eisai Co. Ltd., H. Lundbeck A/S, AC Immune; TauRx Pharmaceuticals Ltd.; Actavis plc.; Forest Laboratories; and Teva Pharmaceuticals Industries Ltd.

·       Market players are expanding their product portfolio by developing and launching generic versions of drugs to sustain its market position. For instance, in 2015, Dr. Reddy’s Laboratories Ltd. and Mylan launched the generic version of Namenda (Forest laboratories – Actavis).

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the Alzheimer’s therapeutics market on the basis of drug class and region:

Alzheimer’s Therapeutics Market Drug Outlook (Market Revenue in USD Million, 2013 - 2024)

·         Cholinesterase Inhibitors

·         N-methyl-D-aspartate (NMDA) receptor antagonist

Alzheimer’s Therapeutics Market Regional Outlook, (Market Revenue in USD Million, 2013 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         MEA

o    South Africa

Access Press Release of Alzheimer’s Therapeutics Market@: www.grandviewresearch.com/press-release/global-alzheimers-therapeutics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com