Friday, 12 October 2018

Indium Market Expected to Witness a Sustainable Growth over 2025| Top Industry Players Nystar, Avalon Advanced Materials Inc

San Francisco,12 October 2018: The global indium market value is anticipated to reach USD 584.8 million by 2025, according to a new report by Grand View Research, Inc. Rising utilization of electronic appliances or gadgets globally are in turn driving the demand for indium. Increasing product application in various electronic devices mainly in flat panel liquid crystal displays and thin film photovoltaics are expected to drive the market over the forecast period. 

Indium has been considered as a precious material with multiple physical and chemical properties. It appears in relatively small quantities in the primary form. However, it performs essential functions in a variety of high-value clean tech electronic devices, carbon-free energy technologies, information & communication technology electronic products and as coatings. Its critical applications in these types of appliances are some of the vital considerations for the growth of the indium industry in the near future.    
Currently, two types of indium coatings are available, which includes infra-red conductive and electrically conductive. Electrically conductive coatings are applied in television screens, LCDs, video monitors, portable computer screens to defog locomotive & aircraft windshields and also to keep the freezers frost-free.
However, infra-red conductive coatings are being used on windows and other small openings to limit the transfer of radiant heat through the glass. This type of coatings also helps in maintaining the balance in building temperature. It also finds applications in alkaline batteries for building up of hydrogen gas in sealed battery casing. These conductive coatings are anticipated to experience the increase in demand owing to the rapid development of its application markets.
Primary indium was the major product segment in terms of demand in 2015. This segment is anticipated to maintain a relatively low growth rate in the next eight years. Secondary indium is projected to be the rapidly expanding product segment in comparison to primary and type III indium in terms of revenue. It is anticipated to increase at a CAGR of over 6.7% from 2017 to 2025.
Access Research Report of Indium Market@ www.grandviewresearch.com/industry-analysis/indium-market

Further key findings from the report suggest:
·       The global indium demand was 810 tons in 2016 and is expected to grow at a CAGR of around 6.4% from 2017 to 2025 to exceed a total volume of 1,400 tons by 2025
·       Indium tin oxide (ITO) emerged as the largest application segment in 2015 and is expected to exceed a total revenue of USD 400 million by 2025
·       The product demand in the semiconductors sector in the U.S. is projected to touch a net worth of USD 9.3 million by 2025, growing at a CAGR of around 8.7% over the next eight years
·       China emerged as the single-largest producer and consumer of secondary indium with a net demand estimated at 63 tons in 2016
·       The Asia Pacific indium market is anticipated to be the fastest growing consumer region with a CAGR of 7% in terms of volume from 2017 to 2025
·       Major players include Umicore, Nystar, Avalon Advanced Materials Inc., PPM Pure Metals GmbH and KOREAZINC which dominate the global indium market
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the global indium market on the basis of product, application and region:
Indium Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·         Primary Indium
·         Secondary Indium
·         Type III
Indium Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·         Indium Tin Oxide
·         Semiconductor
·         Solder and alloy
Indium Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·         North America
·         Europe
·         Asia Pacific
·         Central & South America
·         Middle East & Africa
Access Press Release of Indium Market@ www.grandviewresearch.com/press-release/global-indium-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

Thursday, 11 October 2018

Sulfuric Acid Market to Incur Meteoric Growth During the Forecast Period| Key Industry Participants DuPont, Akzonobel N.V.

San Francisco,12 October 2018: The global sulfuric acid market is expected to be valued at USD 13.45 billion by 2025, according to a new report by Grand View Research, Inc. Increasing investments in plant facilities due to the rising production capacity of phosphate fertilizer and tightening environmental regulations are anticipated to spur the market over the foreseeable period.

Rising demand for the production of nutrient-rich food crops is expected to boost the industry. Increasing requirement for the continuous & sustainable H2SO4 product for the manufacturing of phosphate fertilizer, inorganic chemicals, detergents & soaps, dyes, and gasoline is expected to trigger industry growth over the forecast period.

Growing suppliers of sulfuric acid in Saudi Arabia due to the presence of large number of acid manufacturing facilities to strengthen the growth of phosphate is expected to spur the Middle East regional market. Factors such as increase in the number of initiatives carried out by companies such as DuPont, Outotec, and Sumitomo Corporation to expand their plant facilities, enhance distribution network, and expand processing capacities are projected to propel the market over the next eight years.
Access Research Report of Sulfuric Acid Market@ www.grandviewresearch.com/industry-analysis/sulfuric-acid-market

Further key findings from the report suggest:
·       The global demand was valued at USD 10.10 billion in 2016, at an estimated CAGR of 3.3% from 2017 to 2025
·       Elemental sulfur was the largest raw material segment in 2016, accounting for over 57% of the overall market
·       Increasing demand for the manufacturing of sulfuric acid from elemental sulfur owing to its environmentally-friendly property in comparison to base metal smelter or pyrite ore roasting is projected to propel elemental sulfur raw material segment
·       Fertilizers was the largest application segment in 2016 and is expected to progress at a moderate rate over the foreseeable period
·       Increasing demand for the production of phosphate fertilizer to enhance the quality of irrigation water is projected to propel fertilizer application growth 
·       In terms of revenue, Asia Pacific was the dominant regional segment in 2016 and is anticipated to hold a considerable share in the market, at an estimated CAGR of around 3.6% over the forecast period
·       Growing demand for H2SO4 products in chemical industries from emerging the economies of China and India and the availability of raw materials in this region is projected to drive Asia Pacific regional segment
·       In May 2017, DuPont Clean Technologies received a contract agreement from Yidu Xingfa Chemical Co. Ltd. for the technology and engineering license for a 3600 tpd MECS MAX3 sulfuric acid plant. This initiative is expected to strengthen the company’s Xingfa plant in China.
·       Some players operating in this industry include Mosaic Company, Chemtrade Refinery, DuPont, Akzonobel N.V., BASF, PVS Chemical Solution, Valero Energy, and Solvay among others.
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/organic-chemicals-and-compounds
Grand View Research has segmented the global sulfuric acid market based on raw material, application, and region
Raw Material Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)
·         Elemental sulfur
·         Base metal smelters
·         Pyrite ore
·         Others
Application Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)
·         Fertilizers
·         Chemical manufacturing
·         Metal processing
·         Petroleum refining
·         Textile industry
·         Automotive
·         Paper & pulp
·         Others
Regional Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)
·         North America
·         Europe
·         Asia Pacific
·         Central & South America
·         Middle East & Africa
Access Press Release of Sulfuric Acid Market@ www.grandviewresearch.com/press-release/global-sulfuric-acid-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

Medical Device Outsourcing Market Expected to Witness a CAGR of 10.9% through 2025| Top Industry Players Jabil; Flextronics

San Francisco,11 October 2018: The global medical device outsourcing services market size is expected to reach USD 194.9 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 10.9% during the forecast period. Rising demand for medical devices coupled with growing trend of offshoring is expected to drive the market during the forecast period.

Recent regulatory changes in Europe with respect to medical device is also expected to fuel the demand for quality assurance and regulatory affairs services, thereby contributing to the growth of the market in the region. For instance, implementation of MDR and IVDR is expected to increase the demand for QMS service providers, thereby supplementing the growth of the overall market.
Some major regulatory changes are expected to occur across the globe, which can have an impact on the medical device outsourcing market over the forecast period. Some of the major changes are:
·         Amendment in ISO certification related to medical device
·         Adoption of medical device single audit program
·         Implementation of medical device regulation and in vitro diagnostics regulation in the EU region
·         Changes in Brazil Good Manufacturing Practice (BGMP) Quality Management System (QMS) requirements
·         Simplification of Korea Good Manufacturing Practice (KGMP) rules
These regulatory reforms are estimated to augment the demand for outsourcing services, thereby providing a tremendous push to the market over the forecast period. There has been a significant consolidation in the medical device outsourcing space in recent years. Large CROs are collaborating with specialized service providers to gain substantial share in the specific market segment.
Access Research Report of Medical Device Outsourcing Market @ www.grandviewresearch.com/industry-analysis/medical-device-outsourcing-market

Further key findings from the report suggest:
·       The global contract manufacturing market is anticipated to reach 104.5 billion by 2025, expanding at a CAGR of 10.2% from 2018 to 2025
·       In terms of service, quality assurance is expected to experience the fastest growth during the forecast period
·       Asia Pacific is expected to dominate the medical device outsourcing market during the forecast period
·       North America and Europe commanded sizeable cumulative share in 2016 owing to well established manufacturing infrastructure for high end and complex medical devices
·       Some of the key companies present in the market are Integer; Tecomet; Jabil; Flextronics; Celestica; Sanmina; Plexus; SGS SA; Toxikon Inc.; Eurofins Scientific; Pace Analytical Services; Intertek Group; MAPI; PPD; Freyr Solutions; and Wuxi Apptec.
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global medical device outsourcing market on the basis of service, therapeutic area, and region:
Medical Device Outsourcing Service Outlook (Revenue, USD Million, 2014 - 2025)
·         Quality Assurance
·         Regulatory Affairs Services
·         Product Design and Development Services
·         Product Testing & Sterilization Services
·         Product Implementation Services
·         Product Upgrade Services
·         Product Maintenance Services
·         Contract Manufacturing
Medical Device Outsourcing Therapeutic Area Outlook (Revenue, USD Million, 2014 - 2025)
·         Cardiology
·         Diagnostic imaging
·         Orthopedic
·         IVD
·         Ophthalmic
·         General and plastic surgery
·         Drug delivery
·         Dental
·         Endoscopy
·         Diabetes care
·         Others
Medical Device Outsourcing Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
·         Europe
·         Asia Pacific
·         Latin America
·         Middle East and Africa (MEA)
Access Press Release of Medical Device Outsourcing Market@ www.grandviewresearch.com/press-release/global-medical-device-outsourcing-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

Oilfield Services Market is Expected to Ascend at a CAGR of 3.4% by 2025| Key Industry Participants Archer Limited, Halliburton Company

San Francisco,11 October 2018: The global oilfield services market is expected to be valued at USD 139.1 billion by 2025, according to a new report by Grand View Research, Inc. These services are being increasingly implemented owing to the rising demand for energy and the development of new oilfields. 

The purpose of oilfield services is to help operators control the subsurface pressures, minimize formation damage, control borehole erosion, and optimize drilling parameters including the penetration rate and hole cleaning. The burgeoning offshore industry, particularly in the Persian Gulf, is anticipated to drive the oilfield services market over the forecast period. However, the adverse environmental effects of E&P activities coupled with strict government regulations are likely to hinder the market growth.
The processing & separation segment accounted for a market share of 12.7% in 2016 and is anticipated to ascend at a CAGR of 2.7% over the forecast period. This service aids the treatment of oil by means of distillate treaters, desalting & dehydration electrostatic treaters, and multiphase separation systems. It helps purify the natural gas obtained from reservoirs, eliminating its inherent impurities. The techniques employed in gas processing & treatment include glycol dehydration, monoethylene glycol reclamation & regeneration, phase separation, and acid gas treatment & removal. The various advantages of processing & separation are anticipated to boost the demand for oilfield services over the next few years.
The growing number of deep-water exploration and production activities in the Gulf region is projected to fuel the demand for drilling fluids over the forecast period. In 2015, major companies such as Chevron, Petronas, Shell, Total, and YPF had announced plans to invest in E&P activities. However, macroeconomic factors such as inflation, falling oil prices, and the economic downturn had a negative impact on the oil production in various parts of Argentina, Brazil, and Venezuela.
Access Research Report of Oilfield Services Market@ www.grandviewresearch.com/industry-analysis/oilfield-service-market

Further key findings from the report suggest:
·       The global oilfield services market was valued at USD 103.26 billion in 2016 and is estimated to witness a CAGR of 3.4% from 2017 to 2025
·       The global demand for oilfield services in onshore applications was valued at USD 66.57 billion in 2016 and is anticipated to record a steady growth over the next eight years
·       Production emerged as the largest segment of the market, by service, in 2016 and is predicted to be valued at USD 29.57 billion by 2025
·       Seismic is anticipated to be the fastest growing segment of the market, by service, ascending at a CAGR of 4.2% over the next eight years
·       Asia Pacific is anticipated to progress at a CAGR of 4.8% over the forecast period. Growing concerns about the wellbore stability, well blowout, and extreme temperature operating conditions are expected to boost the demand for oilfield services in offshore and onshore regions in the coming years.
·       Key players of the market include Schlumberger Limited, Baker Hughes Incorporated, Archer Limited, Halliburton Company, and Weatherford International. These players often engage in research & development activities in order to expand their product portfolios and gain larger market shares.
Grand View Research has segmented the global oilfield services market on the basis of application, service, type, and region:
Application Outlook (Revenue, USD Billion; 2014 - 2025)
·         Onshore
·         Offshore
Service Outlook (Revenue, USD Billion; 2014 - 2025)
·         Workover & completion services
·         Production
·         Drilling services
·         Subsea services
·         Seismic services
·         Processing & separation services
·         Others
Type Outlook (Revenue, USD Billion; 2014 - 2025)
·         Equipment rental
·         Field operation
·         Analytical & consulting services
Regional Outlook (Revenue, USD Billion; 2014 - 2025)
·         North America
·         Europe
·         Asia Pacific
·         Central & South America
·         Middle East & Africa
Access Press Release of Oilfield Services Market@ www.grandviewresearch.com/press-release/global-oilfield-services-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

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