Bio Based Construction Polymers Market is Expected to Reach $33.26 Billion by 2024| Top Industry Players DuPont de Nemours, BASF

San Francisco, 13 November 2018: The global bio based construction polymers market is expected to reach USD 33.26 billion by 2024 according to a new report by Grand View Research, Inc. Rising bio-based polymer demand in various applications in the construction sector such as cladding panel, FRP bridge section, and glazing sealant is expected to remain a key driving force for the market growth.

Increasing regulatory intervention to decrease the dependency on petrochemical products and to reduce carbon and Green House Gas (GHG) emissions has driven end use industries to adopt bio based products as a replacement to fossil fuel based polymer. Policies such as Lead Market Initiative and Bio-preferred are anticipated to encourage the use of bio-based raw material for polymer production.

High demand for epoxies and cellulose acetate coupled with growing construction activities in emerging economies of Asia Pacific and South America such as China, India, and Brazil are anticipated to fuel industry growth significantly.

PLA and PHA are used to develop various bio-based materials such as bio-based plastics and thermoplastic composites that are used in decking, fences, and bridges in building and construction industry. This is anticipated to propel the market growth over the next eight years.

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Further key findings from the report suggest:

·       The global bio based construction polymers market demand was 4.88 million tons in 2015 and is expected to reach 11.64 million tons by 2024, growing at a CAGR of 10.2% from 2016 to 2024

·       Epoxies accounted for over 24% of overall market volume in 2015 owing to high demand from coatings and adhesive application. Polymer modified bitumen emulsions are used to build roads and facilitate to maintain asphalt quality.

·       Pipe application segment dominated the global demand and is anticipated to grow at a CAGR of 9.6% from 2016 to 2024. The rising construction activities, particularly in India and China, may be attributed to the high growth in this particular segment.

·       Asia Pacific accounted for 31.5% of the global demand in 2015 and is anticipated to witness the fastest growth over the next eight years. The high growth may be attributed to growing infrastructure, particularly in India and China.

·       Bio based construction polymer market is highly fragmented among small domestic companies and multinational players. Key players in the market include Mitsubishi Gas Chemical, Tate & Lyle, DuPont de Nemours, BASF, Toyobo, SK Chemicals, Bio-On, Nature Works, Synbra, Kaneka TEPHA and Ube.

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Grand View Research has segmented the bio based construction polymer market on the basis of product, application and region,

Global Bio Based Construction Polymer Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Cellulose Acetate (CA)

·         Epoxies

·         Polyethylene terephthalate (PET)

·         Polyurethane (PUR)

·         Others

Global Bio Based Construction Polymer Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Pipe

·         Profile

·         Insulation

·         Others

Global Bio Based Construction Polymer Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Middle East & Africa

·         Central & South America

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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

Ballistic composites Market to Record an Exponential CAGR by 2025| Key Industry Participants BAE Systems, Gurit, Gaffco ballistics

San Francisco, 13 November 2018: The global ballistic composites market is expected to reach USD 2.18 billion by 2025, according to a new report by Grand View Research, Inc. Unstable geopolitical relations, increasing cross-border tensions have forced nations to strengthen their defense units. Providing lightweight, efficient and advanced combat equipment has been on top priorities of most of the developed as well as developing countries. This has triggered the use of ballistic composites over the past few years.

Several factors, like the propensity of the composite armor of supporting the weight of an externally attached component, anchoring composite armor with a platform, safeguarding of ballistic weaknesses at panel joints and corners are taken into consideration while product designing and production are executed.

Ballistic vests are envisioned to deflect bullets from several types of guns, while armored vehicles must withstand projectiles, shells fired from tanks and roadside bombs. The layout of ballistic materials thus presents challenges familiar to any composites manufacturer.

North America is slated to account for larger market share. Active involvement of the U.S. military to counter terror threats is expected to fuel the product demand. Rising pressure on the U.S. government to maintain its military dominance is also expected to drive the regional market.

The key value chain components for the ballistic protective equipment market include raw material suppliers, ballistic equipment manufacturers, and end-users. The raw material suppliers form the first component in the value chain and provide various metals, materials, and fabrics required for producing ballistic protection suits.  

Major companies in the global ballistic composites market include DuPont, Teijin, DSM and Honeywell International. The market can be characterized by increasing R&D spending and continuous efforts for new product development.

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Further key Findings from the Study Suggest:

·       Asia Pacific is expected to emerge as the fastest growing market in terms of product technology upgradation. Rising awareness in this region pertaining the life of deployed soldiers and vehicles is likely to trigger government budgets allocated for defense.

·       North America is likely to emerge the largest market for ballistic composites on account of favorable government budgets, policies and regulations pertaining defense initiatives.

·       Polymer matrix composite is expected to experience a significant growth on account of their low cost and simple fabrication methods. Its significance lies in its ability to grow fatter and short upon being heated.

·      During the forecast period, ballistic composites market is expected to be majorly driven by armor applications in body vests and defense vehicles.

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Grand View Research has segmented the ballistic composites market on the basis of product, application and region:

Global Ballistic Composites Product Outlook (USD Million, 2014 - 2025)

·         PMC

·         CMC

·         MMC

Global Ballistic Composites Application Outlook (USD Million, 2014 - 2025)

·         Armor

·         Helmets & Face Protection

·         Others

Global Ballistic Composites Regional Outlook (USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Middle East and Africa

·         Central & South America

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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

Aspartic Acid Market Demand is Expected to Reach 60.6 kilo tons by 2022| Top Industry Players Flexible Solutions Inc., Iris Biotech GmbH

San Francisco, 13 November 2018: The Global Aspartic Acid Market is expected to reach USD 101.0 million by 2022, according to a new study by Grand View Research, Inc. Increasing aspartame demand in the form of artificial sweetener from food & beverages industry is expected to remain a key driving factor for the global market. Shift in trend towards convenience food & beverage consumption globally is also expected to have a positive influence on the market growth over the forecast period. High cost of major raw materials such as fumaric acid is expected to remain a key challenge for market participants. 

Polyaspartic acid was the largest application segment and accounted for 22.6% of total market volume in 2014. Increasing demand for polyaspartic acid in the form of biodegradable polymer for replacing polyacrylic acid from major end-use industries such as agriculture, water treatment systems and petrochemical industry is expected to drive this segment. Polyaspartic acid was closely followed by aspartame which emerged as the second largest application segment for aspartic acid. Medical is expected to witness the highest growth of 6.2% from 2015 to 2022.

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Further key findings from the study suggest:

·       Global aspartic acid market demand was 39.3 kilo tons in 2014 and is expected to reach 60.6 kilo tons by 2022, growing at a CAGR of 5.6% from 2015 to 2022.

·       North America emerged as the largest regional market and accounted for 39.0% of total market volume in 2014. Presence of sophisticated healthcare infrastructure in the U.S. coupled with increasing artificial sweetener on account of growing consumer awareness is expected to drive the regional market over the forecast period.

·       Asia Pacific is anticipated to register the highest growth rate of 7.3% from 2015 to 2022. China was the leading aspartic acid consumer in Asia Pacific. Increasing sweeteners demand from carbonated beverages particularly in India and China is expected to drive the regional market over the forecast period.  

·       The global aspartic acid market is highly fragmented with large number of small companies dominating the market. However, there is a presence of some large multinational corporations. Some of the major companies operating in the global market include Ajinomoto Co. Inc, Royal DSM, Flexible Solutions Inc., Iris Biotech GmbH, Prinova Inc Evonik Industries, Anaspec Inc, Changzhou Yabang Chemical Co. Ltd , Yantai Hengyuan Bioengineering Co. Ltd., Kyowa Hakko Kogyo Co and Nanjing Libang Chemical Co. Ltd.

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For the purpose of this study, Grand View Research has segmented the aspartic acid market on the basis of application and region:

Global Aspartic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         Feed Supplements

·         Medicine

·         Polyaspartic Acid

·         Aspartame

·         L-Alanine

·         Others

Global Aspartic Acid Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

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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

Healthcare Information Systems Market Size is Expected to Reach $169.2 Billion by 2025| Key Industry Participants Athenahealth, Inc.; Allscripts

San Francisco, 13 November 2018: The global healthcare information systems market size is expected to reach USD 169.2billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.7% CAGR during the forecast period. The market is majorly driven by increase in adoption of advanced technologies in healthcare facilities. Growing usage of digital healthcare infrastructure, which helps in collecting and managing information generated by hospitals, clinics, and institutes, has enhanced efficiency and effectiveness of their services. Furthermore, increase in number of patients suffering from chronic diseases and rising demand for cloud-based systems are expected to boost the market in the forecast period.

Potential opportunities of IT in healthcare in applications such as reducing operating costs incurred while record keeping and meeting regulatory standards for privacy, as well as efficient hospital workflow management, are among other factors driving uptake. Furthermore, it is expected that these systems will, in the long run, save money and allow organizations to earn significant profits.

Growing demand for radiology information systems in diagnostic procedures has propelled the healthcare information systems market. The sophisticated database system allows medical professionals to track massive image files produced during the course of diagnosis and treatment.

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Further key findings from the report suggest:

·       In 2016, hospital information system held the largest share by application owing to increase in adoption in hospitals for improving operational efficiency

·       By deployment, cloud-based systems are expected to grow at a faster pace over the forecast period. Utilization of cloud-based technology has increased due to various security breaches in on-premise and web-based deployment solutions

·       On the basis of component, services held the largest share in 2016. With advancements in software and hardware, the demand for these services is expected to increase

·       In 2016, hospitals emerged as the largest end-use segment. The shift in trend from volume-based care to value-based care is leading to increase in demand for information systems in hospitals

·       North America was a major contributor to the healthcare information systems market in 2016

·       Key players in this space include McKesson Corporation; Cerner Corporation; Athenahealth, Inc.; Allscripts; Medidata Solutions Inc.; GE Healthcare; Siemens Healthineers; and NextGen Healthcare.

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Grand View Research has segmented the global healthcare information systems market on the basis of application, deployment, component, end use, and region:

Healthcare Information Systems Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Hospital Information Systems

·         Pharmacy Information Systems

·         Radiology information systems

·         Monitoring analysis software

·         Picture archiving and communication system

Healthcare Information Systems Deployment Outlook (Revenue, USD Million, 2014 - 2025)

·         Web-based

·         On-premise

·         Cloud base

Healthcare Information Systems Component Outlook (Revenue, USD Million, 2014 - 2025)

·         Hardware

·         Software and systems

·         Services

Healthcare Information Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)

·         Hospitals

·         Diagnostic centers

·         Academic and research institutes

Healthcare Information Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Healthcare Information Systems Market@ www.grandviewresearch.com/press-release/global-healthcare-information-system-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

Wireless Infrastructure Market Size is Expected to Reach $116.75 Billion by 2025| Top Industry Players Samsung (Japan); Ericsson (Sweden)

San Francisco, 13 November 2018: According to a report by Grand View Research, Inc., global wirelessinfrastructure market is anticipated to value USD 116.75 billion by 2025. Growing requirement for high-speed data transmission and connectivity is anticipated to propel demand for wireless infrastructure. These wireless infrastructures are likely to support various businesses in executing multiple tasks simultaneously with ease and efficiency.

Growing adoption of hosted and managed networking and communication services over unified communication systems among enterprises is expected to influence growth of market. High demand for enterprise mobility particularly in telecom sector can augment demand for wireless infrastructure over next few years. Increasing investments from wireless carriers in heterogeneous networks and HetNet infrastructure to cope with coverage requirements and high demand for capacity can influence growth of market. Growing adoption of cloud computing, bring your own device (BYOD), wear your own device (WYOD), and artificial intelligence (AI) in telecom applications can augment market growth. Introduction of advanced technologies in telecom sector such as 4G, 5G, and long-term evolution (LTE) is anticipated to impel growth of market during the forecast period (2014 to 2025).

High R&D expenditures faced by manufacturing companies is expected to hinder growth of market over the forecast period. In addition, several constraints faced by manufacturers of network components related to patent constrictions, internet protocol, and copyright acts can obstruct growth of market over next few years.

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The wireless infrastructure market can be segregated on the basis of technology and region.

Based on technology, the market can be categorized into small cells, remote radio heads, distributed antenna systems (DAS), cloud RAN, carrier Wi-Fi, mobile care, backhaul, and macrocell radio access network (RAN). Macrocell RAN segment is anticipated to dominate the market during the forecast period. Evolution of hardware, software, and dynamic networking technologies, wireless communication infrastructure is likely to fuel growth of market. In addition, expanding network and technology infrastructure among several industry verticals is estimated to create huge impact on demand for high speed data transmission and connectivity. IT & telecom enterprises and government entities globally are expected to adopt wireless network and telecom solutions to optimize their daily tasks even from remote locations.

Similarly, Cloud RAN segment can contribute well for growth of market during the forecast period attributed to rising demand for C-RAN architecture among wireless carriers. This architecture can centralize baseband functionality to be shared across distributed radio nodes. In addition, numerous economic and performance benefits associated with this technology such as virtualization, energy optimization, enhanced coordination between cells can augment market growth.

Moreover, other technologies such as DAS, small cells, fronthaul, and backhaul are likely to create immense growth opportunities for this market over next few years. Introduction of 5G network technology coupled with increasing investments in R&D by wireless carriers is expected to fuel growth of market.

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Regional segmentation includes Europe, North America, Asia Pacific, South America, and Middle East & Africa. In 2016, North America dominated the market and accounted for largest market share. Banking, financial services, government, business process outsourcing (BPO) sectors are likely to adoption sophisticated telecom communications to enable efficient collaboration. This, in turn, can fuel market growth. Growing adoption of wireless communication can enable reduction in costs arising from domestic and international travel by executing novel technologies, which can fuel growth of market in the region. Moreover, favorable policies, subsidies, and regulations from local governments regarding telecom and network infrastructure are likely to impel growth of market during the forecast period.

Similarly, regions such as South America, Asia Pacific, and MEA, are expected to contribute well to market growth attributed to digitization and increasing use of internet.

On the contrary, supportive regulatory framework in European Union can play vital role in development of regional market. Spain, France, and United Kingdom can grow faster than overall average. In addition, growing adoption of data services can augment market growth in the Europe.    

 

Some of the leading companies offering wireless infrastructure are Qualcomm Technologies, Inc.; NEC Corporation, Huawei Technologies Co., Ltd.; Motorola Solutions, Inc.; and ZTE Corporation. 

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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

Industrial Protective Clothing Market to Observe Strong Development by 2022| Key Industry Participants W. L. Gore & Associates, Microgard

San Francisco, 13 November 2018: According to a report published by Grand View Research, Inc.; the industrialprotective clothing market is expected to reach a valuation of around 13.30 billion by 2022.

Rise in concerns about worker safety due to increasing workplace hazards in several industrial segment such as manufacturing, oil and gas, chemical, and food processing can propel the market over the forecast period (2012 to 2022). Satisfactory regulatory framework for minimizing occupational hazards across the world is also expected to create positive outlook for the market.

Increasing number of blue collar workers across many production centric industries is expected to support the market growth in the coming years. As per OSHA, the global prevalence of industrial protective clothing is anticipated to grow in industries such as research laboratories, pharmaceutical, and healthcare. Increasing prominence of raw materials with characteristics of light weight, wear and tear resistance, and high heat resistance are anticipated to encourage companies to invest in R&D. Increasing efforts to achieve multi-functionality of protective clothing to increase their application scope is expected to impel the market in the coming years. Furthermore, advancements in technologies along with chaining consumer requirement for clothing that combines safety with fashion and attractiveness is also expected to fuel the market growth during the forecast period.

However, increasing costs of raw materials such as silicates, carbon fiber, and aramid fiber may challenge the market growth.

Worldwide protective clothing market can be segmented on the basis of product, application, and region.

Based on product, the market can be categorized into durable and disposable. The durable segment was the leading segment and occupied share over 55% in 2014. This segment is likely to exhibit rapid growth over the forecast period. However, the disposable segment is expected to show significant growth on account of high cost of durable products.

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As per application, the market can be classified into flame retardant apparels and chemical defending garments.

In 2014, the chemical defending garments segment was estimated for over 30% of the overall market.  The segment is expected to expand with a CAGR of over 14% from 2015 to 2022. Growing implementation of safety regulations about worker safety and growth in chemical sector is likely to boost the segment growth during the forecast period.

The flame-retardant clothing segment is projected to exhibit high growth of over 14% from 2015 to 2022 on account of growing fatalities in chemical industry.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.

In terms of revenue, in 2014, North America was the largest regional market and estimated for over 35% and is likely to exceed a net worth of USD 13200 million by 2022. Growing industry standards in the direction of the safety of workforce coupled with high demand from manufacturing and automotive sectors is projected to drive the growth in this region. Initiatives taken by several government agencies in this region such as ASTM, National Fire Protection Association (NFPA), and OSHA are also contributing towards the market growth. The U.S. is a major consumer of technical fabrics along with several upcoming construction projects mainly in sectors including infrastructure, power and water, and oil and gas. Guidelines by OSHA is expected to support the growth in the U.S. for instance, in 2014, OSHA revised the OSHA 1910.269 regulation which made it compulsory to wear flame retardant apparel for people working near flames and electric arcs.

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Asia Pacific is projected to grow at CAGR of over 15% during 2015 to 2022. This growth can be attributed to robust industrialization in developing countries such as India, China, Indonesia, and Thailand. Rise in infrastructure spending in China and India can have positive impact on the market. growth in end-use industries including oil and gas, mining, healthcare, aerospace, chemicals, and manufacturing in this region along with strict safety regulations are anticipated to spur the market growth.

Some the leading players operating in the market include PBI Performance Products, Inc.; W.L. Gore & Associates, Inc.; Lakeland Industries, Inc.; W.L. Gore & Associates, Inc.; and Australian Defense Apparel.

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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