Bearings Market to Observe Strong Development by 2025| Key Industry Participants JTEKT, NTN, Timken, SKF

San Francisco, 6 December 2018: The global bearings market is expected to reach USD 172.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a healthy growth, ascribed to achieve energy efficiency coupled with high demand across the automotive sector. The increasing demand for commercial vehicles is anticipated to propel demand across the automotive sector over the coming years. Bearings are necessary in nearly all applications that involve motion, so all industries, ranging from household appliances, automobiles, and industrial machinery to aerospace, using machinery or related motor-driven linkages use bearings.

The global bearings market is mature with a dynamic market demand closely related to the state of engineering industries and capital goods. Manufacturers in the bearings industry invest in R&D to address the rising competition by offering innovative products.

The technological advancements, such as smart bearings and lubrication technology, incorporating sensor units in bearings, are estimated to offer high growth opportunities to the market. Companies are offering integrated products that drastically reduce the number of bearings required in an assembled product and minimize the overall cost of the equipment. Moreover, it improves the reliability and shelf-life of the product.

Access Research Report of Bearings Market@ www.grandviewresearch.com/industry-analysis/bearings-market

Further key findings from the report suggest:

·       The development of bearings that enable cost-effective wind energy generation has led to their increased adoption across wind turbine applications that help increase energy production, enhance turbine performance & reliability, and reduce lubricant consumption

·       Roller bearings are expected to outpace ball bearings, as the largest product segment over the next few years, owing to their capacity to carry heavy loads and shock or impact loading

·       The railway & aerospace segment is anticipated to witness the fastest growth at a CAGR exceeding 8% over the forecast period, owing to their rising demand in applications including gearboxes, shock absorbers, tilting mechanisms, doors, among others

·       The Asia Pacific region is expected to emerge as the fastest growing region with a CAGR exceeding 5% over the forecast period on account of the increased demand for fuel-efficient passenger vehicles, swift infrastructure development, and industrialization across the region

·       The key purveyors comprise NSK, Schaeffler, Timken, SKF, JTEKT, and NTN. Several leading vendors are investing in high-level R&D to come up with innovative bearing solutions. These solutions are focused not only on improving the overall quality of the end-product, but also on being cost-effective.

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

Grand View Research has segmented the bearings market based on product, application and region:

Bearings Product Outlook (Revenue, USD Billion; 2014 - 2025)

·         Ball Bearings

·         Roller Bearings

·         Others

Bearings Application Outlook (Revenue, USD Billion; 2014 - 2025)

·         Automotive

·         Agriculture

·         Electrical

·         Mining & construction

·         Railway & Aerospace

·         Automotive aftermarket

·         Others

Bearings Regional Outlook (Revenue, USD Billion; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         The Middle East & Africa

Access Press Release of Bearings Market@ www.grandviewresearch.com/press-release/global-bearings-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

Industrial Enzymes Market is Expected To Reach USD 9.63 billion by 2024| Top Industry Players Novozymes A/S., Company Adisseo France SaS

San Francisco, 6 December 2018: According to a report by Grand View Research, Inc., global industrial enzymes market is projected to value USD 9.63 billion by 2024. Growing requirement for compounds that can replace chemicals used in various end-use sectors to manufacture several end-use products can augment demand for industrial enzymes.

Rising demand for nutritional and digestive enzymes in nutraceutical sector is predicted to fuel growth of market. Increasing use of product in manufacturing detergents owing to superior stain removal properties can augment market growth. Use of compound in animal feed products is likely to increase digestibility and nutritional value of feed and enhance sustainability of aquaculture. This, in turn can influence growth of market over next few years. Rising demand for personal care and cosmetic products such as toothpaste, whiteners, mouthwashes, and skin repair creams can drive market growth. Growing adoption of enzymes in fruit juices, cheese manufacturing, brewing, and bakery products can stimulate growth of market during the forecast period (2013 to 2024).

The industrial enzymes market can be segregated on the basis of product, application, end-use, and region. Based on product, the market can be categorized into carbohydrase, proteases, lipases, polymerases & nucleases, and others. In 2015, carbohydrase was largest product segment and accounted for 46% of overall revenue share in that year. Rising demand for product in food and beverage sector to manufacture variety of sugar syrups and prebiotics can propel growth during the forecast period.

On the contrary, protease segment is anticipated to witness significant growth at CAGR of 8% from 2016 to 2024. Increasing use of product in detergent sector can drive growth.

Access Research Report of Industrial Enzymes Market@ www.grandviewresearch.com/industry-analysis/industrial-enzymes-market

Based on application, the market can be classified into feed additive, food processing, and technical. In 2015, technical application segment dominated the market and accounted for 48% market share. Growing use of compound for technical applications in detergents, paper & pulp, organic synthesis, biofuels, and textile sector can drive market growth during the forecast period.

On the contrary, feed additive segment is likely to witness significant growth owing to increasing use of enzymes in feed sector. These enzymes are likely to increase nutritional value of feed and aid digestion by breaking down complex molecules.

Based on end-use, the market can be segmented into food & beverage, detergents, animal feed, textile, paper & pulp, nutraceutical, personal care & cosmetics, and wastewater. In 2015, food & beverage segment dominated the market and accounted for highest market share. Increasing use of enzymes for flavors, baking, wine making, and food processing is likely to surge product demand in food and beverage sector. In addition, use of food enzymes is likely to result in increase of shelf life, optimization of production, reduction of costs, and consistency in quality. This, in turn can augment market growth during the forecast period.

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

On the contrary, personal care and cosmetics segment is projected to witness high growth attributed to its superior moisturizing content. Use of enzymes in toiletry products can enhance its properties and reduce use of chemicals in cosmetic preparations.

Moreover, increasing use of enzymes in in textile sector in manufacturing fabrics for furniture, clothing, and other household items can drive demand during the forecast period.

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In 2015, North America dominated the market and accounted for 34% market share. Rising demand for industrial enzymes from food processing sector in Canada and United States can augment growth. In addition, increasing use of these enzymes by textile, nutraceutical, and cosmetic sector can also augment growth of market.

On the contrary, Asia Pacific is predicted to witness highest growth at CAGR of 10% from 2016 to 2024 owing to growth of food processing sector in the region. Increasing use of industrial enzymes in manufacturing of detergents can fuel growth of market.

In Europe, the market is predicted to witness significant growth owing to rising substitution of petrochemicals with enzymes in leather, textile, food & beverage, and personal care sectors.

Some of the leading companies offering industrial enzymes are BASF SE, Associated British Foods PLC, Koninklijke DSM N.V, Codexis Incorporated, and Dyadic International Incorporated.

Access Press Release of Industrial Enzymes Market@ www.grandviewresearch.com/press-release/global-industrial-enzymes-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

Neuroprosthetics Market Comprehensive Study by Key Players Cochlear Limited, Cyberonics Inc, Medtronic Inc

San Francisco, 6 December 2018: The global neuroprosthetics market is expected to reach USD 14.6 billion by 2024, according to a new report by Grand View Research, Inc. The increasing prevalence of neurological disorders coupled with the demand for cost-effective and technologically advanced implants is expected to drive the demand for neuroprosthetics market in the coming years. 

In addition, the associated high costs and side effects of conventional medications are responsible for the rising adoption rate of implants. For instance, the increasing adoption of Vagus Nerve Stimulation (VNS) therapy system over therapeutics such as antidepressants in the treatment of Alzheimer's disease, brain aneurysm, and strokes is propelling the overall market growth. 

Moreover, the rising geriatric population prone to epilepsy opting for neural implantation over the conventional medication is exerting a positive effect on the overall industry growth.

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Further key findings from the study suggest:

·       The motor prosthetic devices segment dominated in terms of revenue share and accounted for over 35.0% of the market in 2015, followed by visual cochlear implants. Whereas, retinal neuroprosthetics were identified as one of the fastest growing market segment owing to the rising penetration and the increasing R&D efforts pertaining to product innovation.

·       The Spinal Cord Stimulation (SCS) segment held the largest share at over 55.0% owing to the analgesic property of the SCS therapy used in the treatment of ischemic pain, failed back surgery syndrome, and complex refractory pain syndrome. Furthermore, it finds applications in intraspinal and epidural microstimulation for inducing leg movements. In addition, technological advancements in this segment is expected to further boost market growth in the near future. The sacral Nerve Stimulation (SNS) is expected to be the fastest growing segment over the forecast period due to its applications in chronic intractable pelvic ache and neurogenic bladder.

·       In the applications segment, motor neuron disorders held the largest segment due to the rising incidences of Parkinson’s disease and epilepsy. For instance, as per the report published by Parkinson’s disease Foundation in 2012, approximately 60,000 Americans were diagnosed with Parkinson’s disease each year and the number is expected to grow further over the forecast period thereby fueling this segment’s growth.

·       In 2015, North America dominated the overall neuroprosthetics market at over 43.0% owing to the large presence of neural implants manufacturers, higher R&D investments, and the availability of funds from both government and private institutes. For instance, the Defense Advanced Research Project Agency (DARPA) and National Institute of Neurological Disorders and Stroke (NIH)in collaboration with the federal agencies are instrumental in providing funds to support R&D initiatives for the further development of neural implants.

·       Asia Pacific is anticipated to be the fastest growing segment due to the introduction of multinational healthcare establishments promoting safe and effective medical procedures along with the rising awareness levels amongst consumers

·       Strategic collaborations and mergers & acquisitions are expected to keep the industry rivalry level high over the forecast period

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

Grand View Research has segmented the neuroprosthetics market on the basis of type, technology, application, and region.

Global Neuroprosthetics Type Outlook (Revenue, USD Million, 2013 - 2024)

·         Motor Prosthetics

·         Auditory Prosthetics/Cochlear Implants

·         Cognitive Prosthetics

·         Visual Prosthetics/Retinal Implants

Global Neuroprosthetics Technology Outlook (Revenue, USD Million, 2013 - 2024)

·         Deep Brain Stimulation (DBS)

·         Vagus Nerve Stimulation (VNS)

·         Spinal Cord Stimulation (SCS)

·         Sacral Nerve Stimulation (SNS)

Global Neuroprosthetics Application Outlook (Revenue, USD Million, 2013 - 2024)

·         Motor Neuron Disorders

·         Physiological Disorders

·         Cognitive Disorders

Neuroprosthetics Regional Outlook (Revenue, USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

Access Press Release of Neuroprosthetics Market@ www.grandviewresearch.com/press-release/global-neuroprosthetics-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

Magnesium Stearate Market Size Is Projected To Reach USD 652.7 Million by 2025| Key Industry Participants FACI SPA, Kirsch Pharma GmbH

San Francisco, 6 December 2018: The global magnesium stearate market size is projected to reach USD 652.7 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.4% during the forecast period. Surging demand for the product in the pharmaceutical industry is one of the key growth stimulants for the market during the forecast period.

Consumption of the product in the pharmaceutical industry is sparked by an increasing demand for inactive ingredients in drug formulations. It finds extensive usage in the pharmaceutical industry as a lubricant and as binders & fillers. Another factor boosting the demand for the product is rapidly increasing application of magnesium stearate in personal care products. In the personal care industry, the product finds application as a texturizer, non-gelling thickener, and lubricant, among others. Increasing number of online platforms along with distribution channels is fueling the demand for personal care products, thereby spurring the demand for magnesium stearate.

The industry has witnessed a rapid increase in the demand from Asia Pacific, primarily in countries such as China, Japan, and India. Abundant source of raw materials coupled with low labor cost is prompting manufacturers of magnesium stearate to focus on establishing their manufacturing plants in these countries. In addition, promising growth in plastics production, especially in the region, is anticipated to drive a sizeable demand for the product over the forecast period.

China has emerged as the global leader in the market in terms of consumption and production of magnesium stearate. The growth of the pharmaceutical industry in the country has offered significant growth prospects to the magnesium stearate industry. The pharmaceutical industry in the country is also supported by government policies, notably under administrative bodies including the China Food and Drug Administration (CFDA).

Access Research Report of Magnesium Stearate Market @ www.grandviewresearch.com/industry-analysis/magnesium-stearate-market

Further key findings from the report suggest:

·       In terms of volume, the demand in pharmaceuticals application segment is anticipated to reach 146.93 kilotons by 2025, at a CAGR of 5.6% from 2017 to 2025

·       In terms of revenue, the personal care segment is expected to witness the fastest growth over the forecast period, owing to rising need for enhanced flowability of constituents in products.

·       Asia Pacific held the largest share of the magnesium stearate market in 2017. It is expected to register substantial growth over the forecast period. Rising disposable income coupled with increasing number of manufacturers in the region is expected to augment the market

·       In terms of volume, the China magnesium stearatemarket is anticipated to exceed 69 kilotons by 2025, owing to substantial demand for the product from the pharmaceutical and personal care industries. In addition, favorable FDA policies are encouraging global players to strengthen their presence in the country through significant investments

·       The magnesium stearate market is highly competitive with the presence of various well-established players with extensive product portfolios

·       Some of the key companies operating in the market are Kirsch Pharma GmbH, PT Halim Sakti Pratama, Parchem Fine & Specialty Chemicals, Nimbasia, Baerlocher GmbH, Valtris Specialty Chemicals, and FACI SPA.

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

Grand View Research has segmented the global magnesium stearate market on the basis of application and region.

Magnesium Stearate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Pharmaceuticals

·         Personal care

·         Food & Beverages

·         Others

Magnesium Stearate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Magnesium Stearate Market@ www.grandviewresearch.com/press-release/global-magnesium-stearate-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

Smartphone Screen Protector Market to Reach $56.51 Billion by 2024|Key Industry Participants intelliArmor, Zagg Inc

San Francisco, 5 December 2018: The global smartphone screen protector market is expected to reach USD 56.51 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for the product in premium devices such as iPhone 6, iPhone 6s and Samsung Galaxy Note series is expected to drive industry growth. In addition, repurchase of the screen protectors during the product life is expected to bolster demand.

Increasing smartphone sales primarily in the developing economies such as India and China are driven by improving spending abilities of the consumers is expected to drive industry growth. In addition, increasing demand for smartphones manufactured by Chinese vendors such as Xiaomi Inc. and Oppo Electronics Corp is expected to drive the product growth. Furthermore, the emergence of low-cost screen protector manufacturers, particularly in Asia Pacific is expected to drive the demand over the projected period.

Tempered glass emerged as the most prominent material used in manufacturing the product owing to superior risk mitigation properties. Also, the market is expected to witness increased internal substitution with consumers exhibiting high affinity towards the tempered glass screen protectors. Furthermore, superior adhesive characteristics coupled with declining prices of tempered glass screen protectors is expected to drive the demand for such screen protectors over the forecast period.

Access Research Report of Smartphone Screen Protector Market @ www.grandviewresearch.com/industry-analysis/smartphone-screen-protector-market

Further key findings from the report suggest

·       PET segment is expected to witness decline at a rate of over (6.1%) over the forecast period. Increasing rejection of the PET products owing to limited screen protection coupled with easy discoloration is expected to drive the growth over the next eight years.

·       The >USD 700 application segment demand is anticipated to increase to over 475 million units by 2024 owing to growing demand for premium smartphones over the forecast period. In addition, rising concerns regarding the safety of high price smartphones are expected to drive the product growth.

·       U.S. is expected to grow at a CAGR of over 6.9% from 2016 to 2024 owing to increasing adoption of premium technology high price smartphones. Also, increasing demand for protective smartphone accessories coupled with high disposable income of the consumers is expected to translate into increased growth over the forecast period.

·       Key participants include Belkin International Inc., Bodyguardz, intelliArmor, Zagg Inc., Free S Speed International Co. Ltd, Jiizii Glass, Clarivue, FeYong Digital Technology Limited. Corning Inc., and AZ Infolink Pvt. Ltd.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the global smartphone screen protector market on the basis of material, application and region:

Material Outlook (Volume, Million Units; Revenue, USD Million, 2013 - 2024)

·         Tempered glass

·         Polyethylene terephthalate (PET)

·         Thermoplastic Polyurethane (TPU)

Application Outlook (Volume, Million Units; Revenue, USD Million, 2013 - 2024)

·         <USD 175

·         USD 175-250

·         USD 250-450

·         USD 450-550

·         USD 550-700

·         >USD 700

Regional Outlook (Volume, Million Units; Revenue, USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Smartphone Screen Protector Market@ www.grandviewresearch.com/press-release/global-smartphone-screen-protector-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