Intumescent Coatings Market to Penetrate Untapped Regions During the Forecast Period: Grand View Research Inc.

San Francisco, 1 March 2019: The Report Intumescent Coatings Market Analysis By Technology (Water-Based, Solvent-Based, Epoxy Based), By Application (Hydrocarbons, Cellulosic), By End-Use (Construction, Oil & Gas, Automotive), By Region, And Segment Forecasts, 2018 – 2025

The global intumescent coatings market is expected to reach USD 1.31 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness regarding the use of fire retardants, primarily in commercial and industrial establishments is expected to emerge as the primary growth driver over the next nine years.

The industry is expected to grow on account of the use of passive fire protection for steel structures used in offshore and onshore extraction, purification and refining in the oil & gas industry. In addition, rising shale gas exploration coupled with oil & gas industry growth in Asia Pacific is expected to propel demand over the forecast period.

The industry is characterized by the presence of a large number of raw material suppliers leading to an increase in the switching ability of the manufacturers, translating into a high bargaining power. However, high price volatility of the raw materials such as epoxy resins is expected to restrain growth over the forecast period.

The global intumescent coatings market is subject to multiple regulations limiting the presence of volatile organic compounds (VOC) in the formulation. However, development of advanced products conforming to the regulations set by European Commission is expected to drive the demand for the next nine years.

Access Research Report of Intumescent Coatings Market @ www.grandviewresearch.com/industry-analysis/intumescent-coatings-industry

Further key findings from the report suggest

·       Epoxy based intumescent coatings are expected to account for over 42% of the global volume in 2015, driven by high demand from oil & gas industries on account of superior properties such as low weight and minimal thickness

·       The use of hydrocarbon intumescent coatings is expected to grow at a CAGR of over 4% from 2016 to 2025, driven by growing conformity of the product to the internationally accepted safety standards

·       The demand for the product in automotive industry is expected to grow at a CAGR of over 5% from 2016 to 2025, spurred by use of the product in high-temperature automotive engines coupled with rising sales of such automobiles across the globe

·       The market in North America was estimated at over 17% of the global volume in 2015, with rising exploration and extraction of shale gas and increasing use of the product for residential and industrial constructions emerging as the primary growth drivers

·       Majority of the players in the market are integrated across the value chain with prime emphasis laid on continuous raw material supply and expansion of the distribution network. In addition, high investments in R&D serves as a major distinguishing factor for the industry

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 intumescent coatings market on the basis of technology, application, end-use, and region:

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Water Based

·         Solvent Based

·         Epoxy Based

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Hydrocarbons

·         Cellulosic

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Construction

·         Oil & Gas

·         Automotive

·         Others

Regional Outlook (Volume: Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Intumescent Coatings Market@ www.grandviewresearch.com/press-release/global-intumescent-coatings-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

China Testing, Inspection, & Certification Market to Reflect Impressive Expansion by 2025: Grand View Research Inc.

San Francisco, 1 March 2019: The Report China Testing, Inspection, and Certification (TIC) Market Analysis Report By Sourcing Type, By Service Type, By Application (Transportation, Healthcare, Consumer Goods & Retail), And Segment Forecasts, 2018 - 2025

The China testing, inspection, and certification (TIC) market size is anticipated to reach USD 55.1 billion by 2025, according to a new report by Grand View Research, registering a 9.1% CAGR during the forecast period.

High standards of living of Chinese citizens and increased focus of customers on quality and safety of food products and consumer goods such as toys, personal care and beauty products, and electrical and electronic appliances are driving the market.

The China TIC market is expected to register strong growth owing to government investments in the transportation, energy, and construction sectors. The Chinese government has introduced favorable policies for international players to establish their foothold in the country and to achieve progressive liberalization.

Previously, most companies in China conducted their testing, inspection, and certification operations in-house. However, with growing acceptance of the China Compulsory Certification (CCC), greater emphasis is placed on need for strict regulatory standards and certifications and this has led to increase in outsourcing TIC activities in China due to cost benefits. This growing trend of outsourcing is anticipated to further drive the market over the forecast period. Increased accessibility of the domestic market for international players and provision of cost-effective solutions by TIC service providers will also benefit the market.

Leading industry participants include AsureQuality Limited, Bureau Veritas SA, DEKRA SE, DNV GL Group AS, Intertek Group PLC, Lloyd’s Register Group Limited, and SGS S.A. Other notable players in the market include TUV Rheinland AG Group; Underwriters Laboratories Inc.; Asia Quality Focus; HQTS Group Ltd.; InTouch Services Ltd.; China Inspection Co., Ltd.; Centre Testing International; China Certification & Inspection Group; Asia Quality Control; V-Trust; TUV SUD; TUV Nord; American Bureau of Shipping; Hartford Steam Boiler; Larsen & Toubro; Asia Inspection; China Building Material Test & Certification Group Co. Ltd.; China Special Equipment Inspection and Research Institute; and China Classification Society.

Access Research Report of China Testing, Inspection, & Certification Market @ www.grandviewresearch.com/industry-analysis/china-testing-inspection-certification-tic-market

Further key findings from the report suggest:

·       The China TIC market is witnessing considerable growth owing to increasing number of investments from international incumbents

·       By service, the inspection segment is expected to register the highest CAGR of 10.3% over the forecast period

·       TIC forms an integral part of the infrastructure and transportation sectors in China and hence, the growth of these two sectors is expected to drive demand for testing inspection, and certification activities

·       Key industry participants include AsureQuality Limited, Bureau Veritas SA, DEKRA SE, DNV GL Group AS, Intertek Group PLC, Lloyd’s Register Group Limited, and SGS S.A.

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

Grand View Research has segmented the China testing, inspection, and certification (TIC) market based on service type, sourcing type, and application:

China TIC Service Type Outlook (Revenue, USD Billion, 2014 - 2025)

·         Testing

·         Inspection

·         Certification

China TIC Sourcing Type Outlook (Revenue, USD Billion, 2014 - 2025)

·         In-house

·         Outsourced

China TIC Application Outlook (Revenue, USD Billion, 2014 - 2025)

·         Consumer Goods & Retail

·         Agriculture & Food

·         Chemicals

·         Infrastructure

·         Energy & Power

·         Manufacturing

·         Healthcare

·         Mining

·         Oil & Gas and Petroleum

·         Public Sector

·         Transportation

·         Supply Chain & Logistics

·         Others

Access Press Release of China Testing, Inspection, & Certification Market@ www.grandviewresearch.com/press-release/china-testing-inspection-certification-tic-market-analysis

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 Sensors Market Expected to Witness a Sustainable Growth over 2024: Grand View Research Inc.

San Francisco, 1 March 2019: The Report Medical Sensors Market Analysis, By Product (Pressure Sensors, Temperature Sensors, Image Sensors, Accelerometers, Biosensors, Flow Sensors, SQUID Sensors), By Application Area (Surgical, Diagnostic, Therapeutic, Monitoring), By End-use (Hospitals, Physician Offices, Nursing Homes, Home Healthcare) And Segment Forecasts To 2024

The medical sensors market is expected to reach USD 18.5 billion by 2024, according to a new report by Grand View Research, Incite upsurge in the number of patients afflicted with chronic conditions, such as diabetes and hypertension, is fueling the usage of monitoring as well therapeutic devices, thus boosting the market demand. 

The target population for this market is patients with chronic illnesses, as such conditions necessitate regular checkups and intermittent or continuous patient monitoring. The rise in population of chronically ill patients further increases the uptake of the medical sensors. 

The geriatric population is highly prone to developing chronic disorders and they pose a higher risk of developing age-related deformities and complications. Moreover, the adoption of unhealthy food habits and sedentary lifestyles and the resultant surge in the incidence of obesity has led to the increasing prevalence of lifestyle disorders including diabetes. The presence of a large target population base combined with the prevalence of lifestyle-related risk factors is likely to accelerate the growth of the medical sensors market during the forecast period. 

Technological advancements in terms of accuracy, portability, and affordability associated with the new generation medical sensors resulted in the increased usage of these devices; for instance, the introduction of easy-to-operate, home-based diagnostic kits that are cost effective.  

Access Research Report of Medical Sensors Market @ www.grandviewresearch.com/industry-analysis/medical-sensors-market

Further key findings from the study suggest: 

·       The biosensors products segment held a lucrative share of over 40.0% in 2015. This is ascribable to the following attributes of the novel biosensors: durability, reliability, and accuracy. Moreover, their applications in the healthcare areas, such as the detection of drug abuse, glucose monitoring for diabetes, the detection of cholesterol, and others. All these elements governed the growth of this segment in 2015. 

·       The surgical applications of the sensors dominated the market in 2015. Whereas, the monitoring applications segment is projected to be the fastest growing during the forecast period. Advancements, such as wearable technology are anticipated to boost the demand for the monitoring devices market. 

·       The hospitals registered a remunerative growth in 2015; this can be attributed to the presence of a well-developed healthcare infrastructure, which yields faster and accurate diagnosis. Moreover, the availability of well-equipped infrastructure coupled with the presence of skilled personnel and technologically advanced equipments contribute towards the lucrative growth of this segment. 

·       North America held a considerably large share of over 35.0% in 2015 owing to the presence of leading sensor manufacturers, a well-planned medical reimbursement network, and the increasing disposable income 

·       On the contrary, Asia Pacific is anticipated to be the fastest growing region with a CAGR of over8.0% over the forecast period. The favorable economic developments and the advancing healthcare system with the aid of supportive government initiatives are anticipated to further assist the growth. Moreover, the increasing base of the aging population in this region also, additionally impels the demand. According to the report published by the Ministry of Statistics, in India, 8.6% of the total population is aged above 60; hence, presenting a profitable opportunity for the market players to invest in this region. 

·       The leading players of the medical sensors market include Analog devices, Inc., Avago technologies Ltd., Danaher Corporation, GE Measurement &Control Solutions, Inc., Honeywell International, Inc., Stellar technologies, Inc., OmniVision Technologies, Inc., Sensation AG, TE Connectivity Ltd., Micro-Epsilon Messtechnik GmbH Co. & KG, and NXP Semiconductors N.V. 

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

Grand View Research has segmented the medical sensors market on the basis of product, application area, end-use, and region.

Global Medical Sensors Market, by Product, Revenue, 2013 - 2024 (USD Million)

·         Pressure sensors

·         Temperature sensors

·         Image sensors

·         Accelerometers

·         Biosensors

·         Flow sensors

·         SQUID sensors

·         Others

Global Medical Sensors Market, by Application, Revenue, 2013 - 2024 (USD Million)

·         Surgical

·         Diagnostic

·         Therapeutic

·         Monitoring

·         Others

Global Medical Sensors Market, by End-use, Revenue, 2013 - 2024 (USD Million)

·         Hospitals

·         Physician offices

·         Nursing home

·         Home healthcare

·         Others

Medical Sensors Market, by Region, Revenue,  2013 - 2024 (USD Million)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

Access Press Release of Medical Sensors Market@ www.grandviewresearch.com/press-release/global-medical-sensors-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

Bicycle Market is anticipated to rise at a CAGR of 6.1% from 2017 to 2025: Grand View Research Inc.

San Francisco, 28 February 2019: The Report Bicycle Market Size, Share & Trends Analysis Report By Product (Mountain, Hybrid, Road), By Technology (Electric, Conventional), By End User (Men, Women, Kids), By Region, And Segment Forecasts, 2018 - 2025

The global bicycle market size is expected to reach USD 75.47 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.1% over the forecast period. Increasing adoption of cycling as a form of leisure and awareness regarding the health benefits associated with cycling are expected to bolster market growth. Bicycles are being preferred for short distance commutes as they save considerable time as compared to other vehicles. Moreover, limited parking spaces and growing traffic congestions are prompting people to reconsider bicycles as a primary commute option.

Rising emphasis on the use of non-polluting vehicles for short distance commutes by the governments across the world is anticipated to positively influence market growth. The fact that bicycles do not emit any pollutants is projected to drive their demand in near future.

The road bicycle is expected to emerge as the fastest-growing segment over the forecast period. Road bicycles happen to be the most basic bicycles that people prefer owing to their ease of use. These cycles do not require any sophisticated equipment required by mountain and hybrid bicycles. This factor is anticipated o bode well for growth over the forecast period.

Access Research Report of Bicycle Market@ www.grandviewresearch.com/industry-analysis/bicycle-market

Further key findings from the report suggest:

·         The global bicycle market is growing significantly as bike sharing companies, particularly in Europe and Asia, are investing aggressively in expanding their operations

·         Mountain bicycle segment is anticipated to expand at a CAGR exceeding 4% over the forecast period. Rising popularity in line with the increasing media coverage for mountain bicycle racing events and the establishment of new mountain biking circuits are expected to drive the growth

·         Apart from being easy to use, electric bicycles can potentially shorten the journey time. Moreover, advances in battery technology have resulted in the advent of lighter rechargeable batteries that can support longer journeys. These factors are attributed to the growth of the electric bicycle segment

·         The number of men opting for bicycle commutation was higher than that of women and kids in 2017. The men segment is expected to expand significantly at a CAGR of over 5.0% over the forecast period as men would continue to outnumber women and kids in terms of opting for bicycle commutation

·         Asia Pacific was the dominated the market in 2017 with a market share exceeding 25% in terms of revenue. Governments in Asian nations, particularly Japan, China, and Singapore among others, are investing aggressively in establishing the infrastructure necessary to encourage and support bicycle commutation

·         Leading incumbents of the bicycle market are Accell Group, Dorel Industries, Giant Bicycles, Merida, and Trek Bicycles among others. They dominated the market in 2017 leveraging a continuous emphasis on expanding their market share through mergers and acquisitions.

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

Grand View Research has segmented the global bicycle market based on product, technology, end user, and region:

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

·         Mountain Bicycle

·         Hybrid Bicycle

·         Road Bicycle

·         Others

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

·         Electric

·         Conventional

Bicycle End User Outlook (Revenue, USD Million, 2014 - 2025)

·         Men

·         Women

·         Kids

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

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Bicycle Market@ www.grandviewresearch.com/press-release/global-bicycle-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