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Animal Feed Micronutrients Market to Significant Growth Foreseen by 2018 - 2026

Persistence Market Research (PMR) delivers key insights on the global animal feed micronutrients market in its upcoming outlook, titled, 'Animal Feed Micronutrients Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026'. In terms of value, the global animal feed micronutrients market is anticipated to witness a healthy CAGR of 4.2% during the forecast period, due to various factors, regarding which, PMR offers vital insights in detail.

Animal Feed Micronutrients Market: Overview and Analysis

On the basis of livestock, the ruminants segment is expected to maintain its dominance in the animal feed micronutrients market, with a significant CAGR of 3.6% during the forecast period. The increasing tendency of developing countries to show an increase in the demand for animal-derived products has resulted in the steady growth in the demand for animal feed micronutrients, worldwide. Increased global production of compound animal feed is a key driver for the animal feed micronutrients market. Animal feed micronutrients are an integral part of modern livestock practices. Since it is hard for livestock to obtain all the necessary micronutrients from their feed alone, animal feed micronutrients are preferred as a feed additive.

Global compound animal feed production has grown from 1,032 Mn MT in 2016 to 1069.9 Mn MT in volume, as of 2018. Animal feed micronutrients are an integral part of compound feed production, and as such, the demand for animal feed micronutrients has been proportionally on the rise as well. Since compound feed does not provide the complete animal feed micronutrients requirement for animals, farmers opt for animal feed micronutrients products as an additive to formulate their own compound feed, or to add on to the compound feed available. The growing awareness amongst livestock businesses in developing countries is proving to be one of the major driving factors for the animal feed micronutrients market.

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Global meat production in 2017 stood at 322.36 Mn metric tons. With increasing GDPs, the consumption of meat and meat products is on the rise in developing countries. Animal feed micronutrients are extensively used in the livestock industry for optimum growth of the animals, and to obtain high quality end products. As the demand for processed meat products increases, globally, it aids the growth of the animal feed micronutrients market. The growth of animal feed micronutrients market due to higher fish consumption globally, and increased aquaculture practices utilizing animal feed micronutrients products is also evident.

In 2016, the European Food Safety Authority set revised guidelines for copper content in feed products. The regulations set back the limits of copper content that can be fed to swine through animal feed micronutrients. Copper, as an animal feed micronutrients product, and swine production, worldwide, has been significant in volume and value. This synergistically can prove to be a hurdle for the animal feed micronutrients market.

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Raw material prices for manufacturing animal feed micronutrients are volatile, and this has led key players to face increased product costs, in certain instances. Volatile raw material prices for the production of animal feed micronutrients affect the animal feed micronutrients market, since animal feed micronutrients are bought primarily in bulk, and small fluctuations in prices affect the end consumer on a larger scale.

This report covers the trends driving each segment, and offers analysis and insights of the potential of the animal feed micronutrients market in specific regions. The swine and poultry segments are expected to register high growth rates between 2018 and 2026, while the ruminants segment is expected to remain the largest market for animal feed micronutrients through 2026.

Animal Feed Micronutrients Market: Key Players

Detailed profiles of the providers are also included in the scope of the report, to evaluate their long-term and short-term strategies, key offerings, and recent developments in the animal feed micronutrients space. Key players in the animal feed micronutrients market include BASF SE, Archer Daniels Midland Company, Koninkliijke DSM N.V., Balchem Corporation, Alltech Inc, Cargill, Incorporated, Kemin Industries, Lallemand Inc., Nutreco N.V., Novus International, Inc., Purina Animal Nutrition LLC., AG Solutions, Beachport Corporation Pty Ltd, Zinpro Corporation, Bluestar Adisseo Company, DALLAS KEITH LTD, Qualitech Inc., Aries Agro, and Prathista Industries Limited.

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Nutraceutical Ingredients Market to Rear Excessive Growth During 2017 - 2025

Global Nutraceutical Ingredients Market – Overview

The nutraceutical is any substance considered as a food or part of food which provides the nutritional value to the diet. The nutraceutical is also a combination of nutrition and pharmaceuticals. Nutraceutical has various advantages such as it provides the nutritional supplements to the body through diet and works for the prevention of diseases. Nutraceutical ingredients majorly contain prebiotics, probiotics, amino acids, peptides, proteins, vitamins and minerals, fibers and carbohydrates. The increasing use of nutraceutical ingredients in the human food and beverages and animal feed stuff leads to the growth of the global nutraceutical ingredients market.

Global Nutraceutical Ingredients Market – Drivers and Restraints

The global nutraceutical ingredients market is projected to register a significant growth rate over a forecast period as the demand for nutraceutical ingredients is increased due to the rising awareness and consciousness about the healthy diet including nutraceutical ingredients. Increasing prevalence of chronic diseases and rising aging population worldwide is the major key factor boost the demand for the nutraceutical ingredient and drives the global nutraceutical ingredients market. The increasing use of nutraceutical ingredients in the pharmaceutical drugs due to its effective properties such as anti-aging also drives the growth of the global nutraceutical ingredient market.

However, the high price of the nutraceutical ingredients may be the concern and hamper the demand for the nutraceutical ingredient which restrains the global nutraceutical ingredients market.

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Global Nutraceutical Ingredients Market – Segmentation

The global nutraceutical ingredients market is segmented by types, applications, form and end-use industry.

By types, the global nutraceutical ingredients market is segmented as follows:

Prebiotics

Probiotics

Amino acids, Peptides and Proteins

Omega 3 and Structured lipids

Phytochemical and Plant extracts

Minerals

Vitamins

Fibers and specialty carbohydrates

Carotenoids & Antioxidants

Others

By applications, the global nutraceutical ingredients market is segmented as follows:

Functional food

Functional Beverages

Dietary supplements

Animal Nutrition

Personal care

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By Form, the global nutraceutical ingredients market is segmented as follows:

Dry

Liquid

Semi-solid

By End-use industries, the global nutraceutical ingredients market is segmented as follows:

Food and beverages industry

Pharmaceutical industry

Animal feed industry

Others

Global Nutraceutical Ingredients Market – Region Wise Outlook

The global nutraceutical ingredients market is segmented into seven regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). The APEJ is dominating the global nutraceutical ingredients market by contributing the leading shares regarding revenue and volume to the global nutraceutical market due to growing demand by increasing populations and urbanization in the emerging economies such as India and China. The North America and Western Europe are also contributing the significant shares and projected to register a moderate growth rate in the global nutraceutical ingredients market over a forecast period due to the increasing health awareness about the nutraceutical in the diet. The Japan and Eastern Europe are also anticipated to grow at a descent growth rate over a forecast period. The MEA and Latin America are at a nascent stage and projected to register a lucrative growth over a forecast period.

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Global Nutraceutical Ingredients Market – Key Players

The global nutraceutical ingredients market key players are as follows:

Cargill Inc.

I. du Pont de Nemours and Company

BASF SE

Tate and Lyle North America Inc.

Archer Daniels Midland Company

Associated British Foods plc.

Koninklijke DSM N.V.

Ingredion Incorporated

NutraMarks, Inc.

Danisco A/S

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Demineralized Whey Powder Ingredient Market to Perceive Substantial Growth During 2015 - 2021

Whey is a by-product of cheese manufacturing industry. Whey is rich in protein and less in milk fat. This collected whey contains more water hence it is concentrated to remove excess water, demineralized, and then spray-dried to get free flowing powder. Whey protein is of three major types whey protein concentrate, whey protein isolate and whey protein hydrolysate. Demineralized whey powder is white to yellowish in colour, free flowing powder, with typical milk taste and free from foreign odor. While cheese processing various salts are added to milk, hence whey is rich in minerals such as calcium, phosphorous, potassium and others. These mineral are not suitable for infant food formulations. Hence, increasing demand for infant formula is driving the growth of demineralized whey powder ingredient. Demineralized whey powder ingredient is made from fresh, pasteurized whey, collected from cheese production.

Various techniques such as ion-exchange chromatography, electro-dialysis, cross-flow nanofiltration and others are used in demineralization of whey by removing/reducing soluble mineral, especially D90 and D70 variants are commonly used in the production of infant formula powder. The grades of demineralizes whey powders are based on the percent of mineral removed from whey. Whey powder have to store in cool and dry place and away from water and sunlight as its sensitive product.

Demineralized whey powder ingredient market is segmented on the basis of application and region. Demineralized whey powder ingredient market is segmented on the basis of application such as infant formula, bakery, confectionery, dairy, beverages and others (feed). Among all these segments infant formula is expected to be dominant in terms of revenue contribution. Increased health concerns and population, beverage segment is expected to register highest CAGR during forecast period followed by dairy segment. In beverages demineralized whey powder ingredients are used to give foaming property, stability and mouthfeel. Increased preference for packaged baby food is driving the growth of demineralized whey powder.

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Demineralized whey powder ingredient market is segmented on the basis of region includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America and Western Europe is mature market for demineralized whey powder ingredient and emerging economies such as Asia Pacific provide opportunities for growth in forecast period. Increasing technological advancement in whey processing industries and rising packaged food and low-calorie food consumption in Asia Pacific, Middle East and Africa is expected to promote use of demineralized whey powder ingredient in forecast period. With increasing demands for packaged food and convenient products for infant is driving the market and is expected to register healthy CAGR during forecast period.?

Increasing population and strong demand for low calories and protein rich food is creating opportunity for demineralized whey powder ingredient in food and feed industry. As harmful minerals are removed or reduced in powder, is can be used in special food product developments. Health consumers are demanding for low calorie but still nutritionally dense products, and whey powder are rich in protein, carbohydrates and lactose and demineralized whey powder is used in food fortification and new product development designed for sports and clinical nutrition.?

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The key international players operating in demineralized whey powder ingredient market includes Eurosérum, Dairygold Food Ingredients, Kaskat Dairy, Senel (Holding) B.V., Van Lee Melkprodukten Barneveld BV, Dairy Crest, Valio Ltd and SPX Corporation. Manufacturing companies in demineralized whey powder ingredients are focusing on partnerships either for product portfolio expansion or for increasing global presence. For instance, in July 2014, Diary Crest signed partnership with Fonterra to sell demineralized whey powder for infant food applications.

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Rockwool Market to Observe Strong Development by 2018 - 2028

Rockwool is a natural fiber processed by crushing, heating, and melting rock or stone materials in a furnace at high temperature. Rockwool are characterized by numerous physical and chemical properties such as fire resilience, thermal insulation, acoustic capabilities, robust, and better aesthetics. Rockwool are available many forms including chopped, strands, or grid, and they are widely adopted in construction, automotive, aerospace and defence, and power generation industry.  

Rockwool: Market Drivers and Challenges

In the construction industry rockwool is used for internal heat and sound insulation of floors, walls, tubes and pipes, tanks, chimneys, fire protection structures, amongst others. It is also used as reinforcing material instead of steel and other fibers. Thus, the increased spending in the construction sector by regional government and increasing number of private-public partnerships (PPP) and aforementioned properties of rockwool are anticipated to attribute towards the growth of the rockwool’s in the construction industry.

Temperature maintenance, noise control, and comfortability are the crucial requirements in residential and commercial infrastructures, especially in hospitals and healthcare centers, thus the use of rockwool insulated walls and composites is an emerging trend, which in turn, is estimated to drive the demand for the rockwool market in coming years. Also, controlled temperature dramatically reduces the energy cost and building’s carbon footprint, thereby aiding to the cause of the green environment. Further, rockwools are being widely adopted in building’s that are in close proximity of railways, tramways or airports, which can be very noisy.

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Furthermore, use of the rockwools in the manufacturing of heat and sound insulation of engines, interiors of buses, and lightweight vehicle composites are the foreseeable trend in the automotive industry, which in turn, is estimated to drive the demand for rockwool over the forecast period. Increasing penetration of lightweight composites materials in the automotive industry and the growing concern about the environmental pollution and stringent regulations pertaining to vehicle emissions resulting in the greenhouse effect, there has been a significant swift rise in demand for light weight automotive cabin components. Thus, the automotive segment is estimated to witness higher growth rate among other end-use industries. Moreover, in the aerospace industry, rockwools are used predominantly for heat and sound insulation. Additionally, rockwool’s increasing demand in the manufacturing of lightweight aircraft parts to augment the growth of the market during the projected period.

However, the initial equipment set up and plant establishment is a capital intensive process and therefore requires technical expertise and high cost of production which could inhibit the growth the rockwool market.

Rockwool: Market Segmentation

On the basis of type, the global rockwool market can be segmented into the following:

Roving

Chopped Strands

Fabric

Mesh or grids

On the basis of end use industry, the global Rockwool market can be segmented into the following:

Construction

Automotive

Aerospace & Defence

Power Generation

Sports & Related Accessories

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Rockwool: Regional Market Outlook

Countries such as China, India are anticipated to witness comparatively higher growth as a result of the increasing PPP investment and government subsidies in the building and construction and automotive sector. Thus, China is projected to be a lucrative region in terms of market growth. North America and Europe are estimated to hold dominant share in the market owing to the regions inclinations towards better aesthetics in sports and accessories, and need of thermal and sound insulation in commercial and residential buildings. Latin America and the Middle East and Africa are at the introductory phase in the global rockwool market.

Rockwool: Key Market Players

The global rockwool market is anticipated to be a fairly organized market.

Examples of some of the market participants in the global Rockwool market identified across the value chain include:

Thermafiber, Inc.

ROCKWOOL International A/S

RockchatBETA

BYUCKSAN

Beijing New Building Material (Group) Co., Ltd.

GAF

Johns Manville.

Kingspan Group

Owens Corning

Paroc Group Oy

Saint-Gobain

URSA Insulation, S.A

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Flexible Firestop Sealant Market to Rear Excessive Growth During 2018 - 2028

Introduction

Flexible firestop sealant is a special sealant type that prevents the fire from spreading to surrounding areas. The flexible firestop sealant averts fire from scattering to the nearby constructions and other parts of the structure. Flexible firestop sealant seals the openings, making the interiors fire – rated. The flexible firestop sealant possesses superior fire resistant properties and reduce the smoke formulation along with some other harmful toxins. Additionally, the flexible firestop sealant also reduces the transfer of sound between the surfaces, acting as an acoustic barrier. Being paintable, flexible firestop sealant is rapidly gaining prominence in the market owing to its application in the residential, commercial and industrial & institutional (I&I) applications. The flexible firestop sealant are stated to be easily cleaned with water and are relatively new in the market.

Flexible firestop sealant is a relatively new technology in the market and few number of players are noted to be engaged in the production and sales of the same. The main advantage of its flexibility is the movement ability it gives to the flexible firestop sealant in joints and seals that are fire-rated. The flexible firestop sealant is either supplied in a pail (or bucket), tube or sausage. The method of application includes applying a simple layer with the help of a brush or gun.

Flexible Firestop Sealant Market: Dynamics

The flexible firestop sealant is finds significant amount of application from the construction sector. With the increasing investments in the construction sector, mainly residential, the demand for flexible firestop sealant is also expected to grow in tandem with it. The industrial growth in the prominent countries also has a positive impact in the flexible firestop sealant market. There are several regulations pertaining to the insulation against fire in the much mature markets of North America and Europe, contributing to the flexible firestop sealant market optimistically. The mandatory safety norms related to commercial, industrial and residential building establishments is attributed to the use of firestop sealants.

Given its numerous benefits, the flexible firestop sealant finds its market restricted due to the growing VOC (Volatile Organic Compound) regulations. Numerous manufacturers re noted to market flexible firestop sealant as water – based or solvent – free but the low cost solvent based products are also noted to be present in the market.

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Flexible Firestop Sealant Market: Segmentation

The global flexible firestop sealant market can be segmented on the basis of product type, packaging and application.

On the basis of product type, the global flexible firestop sealant market is segmented into:

Intumescent Type Flexible Firestop Sealant

Elastomeric Type Flexible Firestop Sealant

On the basis of base compound, the global flexible firestop sealant market is segmented into:

Polyurethane Based Flexible Firestop Sealant

Acrylic Based Flexible Firestop Sealant

On the basis of application, the global flexible firestop sealant market is segmented into:

Residential

Commercial

Industrial & Institutional (I&I)

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Flexible Firestop Sealant Market: Regional Outlook

Asia Pacific is estimated to emerge as a lucrative market for flexible firestop sealant owing to the rapid growth industrial growth in the countries such as China and India. Since the economic crisis of 2008 – 09, the construction industry is significantly gaining traction owing to the rise in the investments in the construction project around the world. This is expected to further propel the consumption in flexible firestop sealant market around the globe. Such dynamics in the construction sector are anticipated to highly impact the North America flexible firestop sealant market positioning the region as one of the money – spinning region around the world. The stringent regulations pertaining to safety & precaution against fire in Europe are expected to significantly contribute to the growth of flexible firestop sealant market in the region. With the oil & gas exploration activities at its peak in the Middle East & Africa, the flexible firestop sealant market is anticipated to grow in tandem with it. Further, the flexible firestop sealant market in Latin America is expected to grow at a steady pace over the forecast period.

Some of the market participants in the global flexible firestop sealant market identified across the value chain include The 3M Company, HILTI Corporation, ROCKWOOL International A/S, H.B. Fuller Company, Bostik (Arkema), Sika AG, Tremco Incorporated, Accumetric, LLC, RectorSeal, Specified Technologies Inc., Fosroc, Inc., Pecora Corporation, Trafalgar Passive Fire Protection Systems.

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Glaze Modifier Market to Record an Exponential CAGR by 2018 - 2028

Introduction

Glaze modifiers are one of the main components that enhance the glaze of the surface of ceramic and glass products / items in toiletry, flooring and other construction areas. The glaze modifiers affect the characteristics such as transparency and opacity of a ceramic product/item. Different types of glaze modifiers are used in the industry that serve several purposes. More so, the glaze modifiers are also used throughout the firing process at different time intervals to get the most elegant design. For instance, bentonite glaze modifiers are mainly used during the firing process in order to keep the components into suspension while suspender glaze modifiers are used after the completion of firing process to keep the heavy components from setting out. Enhancing the glaze on the ceramic ware or glassware also leverages the profit margin of end users as glazing process acts as value addition to the product. As glaze modifiers play a significant role apart from the process, the market for glaze modifier is anticipated to remain driven throughout the forecast period.

Glaze Modifier Market: Dynamics

While the use of glaze modifiers in glazing process has followed a scientific approach much recently, the market for glaze modifiers is considered to remain driven over the forecast period. The pottery products are in a greater demand in recent times owing to the aesthetic appearance and the home interior trends, the market for glaze modifier will continue to remain driven. The development in the infrastructural development in commercial and residential sectors also act as the fueling factors to the glaze modifier market. The demand for ceramic tiles in the construction industry has seen a rise and hence, the demand for glaze modifier also increases in tandem with it as the production capabilities increases.

The market penetration of glaze modifiers in industrialized nations such as The United States and several countries of Europe is comparatively higher. The lack of such advanced products in the developing countries compels the end users in these regions to rely on the conventional glaze modifiers. Such a market scenario crafts a grey area in the glaze modifier market as the demand for such products is higher in the countries of South Asia and East Asia (countries such as China, ASEAN countries, among others). A lack of modern glaze modifiers can act as a restraint for the global market. The market is also noted to be very region specific as the buyers of glaze modifier prefer local manufacturers over regional or global players. Hence, marketing the products can prove to be a challenge for regional producers of glaze modifier.

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Additionally, heavy metals such as chromium and lead are primarily used in the ceramic glazing. These metals are studied and found to be leaching in the environment when exposed to hot or acidic water. It has also been found that this occurs when improper manufacturing techniques are incorporated. Due to many such incidences, the ceramic glazes are stringently monitored by government authorities owing to the toxicity and bioaccumulation.

Glaze Modifier Market: Segmentation

The global glaze modifier market can be segmented on the basis of function and substrate type.

On the basis of function, the global glaze modifier market can be segmented into:

Opalescence Glaze Modifier

Bentonite Glaze Modifier

Opacifiers Glaze Modifier

Suspenders Glaze Modifier

Gums Glaze Modifier

Miscellaneous Glaze Modifier

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On the basis of substrate type, the global glaze modifier market can be segmented into:

Ceramic ware

Glass ware

Glaze Modifier Market: Regional Outlook

Regionally, the market for glaze modifier is mainly concentrated in the Asia Pacific region due to a comparatively higher production of pottery products. Developing countries such as China are expected to remain in the forefront of the consumption of glaze modifiers. Asia pacific is also estimated to remain one of the fastest expanding region in the global glaze modifier market. Following Asia Pacific, North America glaze modifier market is anticipated to grow at a relatively moderate pace over the forecast period. Europe market is a relatively mature market and is forecast to grow with a steady pace along with Latin America and Middle East & Africa market.

The market is noted to be highly fragmented. Some of the market participants in the global glaze modifier market identified across the value chain include Sukaso Ceracolours Ltd, OPAQUE CERAMICS, ZSCHIMMER & SCHWARZ, OMNOVA Solutions Inc, Indulor Group, among others.

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The Glaze Modifiers research report presents a comprehensive assessment of the Glaze Modifiers market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Glaze Modifiers research report provides analysis and information according to market segments such as geographies, scaffold type, position, number of points and number of tiers.

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Bicycle and Components Market Foreseen to Grow exponentially over 2017-2026- Persistence Market Research

The global bicycle and components market is largely consolidated yet competitive due to the prominence of several top companies. Product innovation and technological advances to develop light weighted bicycles and to serve consumer demand of green vehicle are the focus of companies involved in the manufacture of bicycle. Key companies in the bicycle market include Giant Bicycles Inc., Avon Cycles Ltd., Cannondale Bicycle Corporation, Atlas Cycles Inc., , Cycleurope AB, Accell Group N.V., Caloi Inc., Currie Technologies Inc., Merida Industry Co. Ltd., Dorel Industries Inc.

Meanwhile, component manufacturers are vying to enter into business contracts with original equipment manufacturers (OEMs) and composite material manufacturers for uninterrupted demand-supply value chain. Some key components manufacture are Shimano, Mavic, Campagnolo S.r.l, and Sachs-Huret among others.

The bicycle and components market, according to a market intelligence study, is predicted to rise at a CAGR of 3.51% for the 2017-2026 forecast period. At this rate, the opportunities in the market is likely to translate into a revenue of US$70,144.2 mn by the end of 2026.

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Adoption of Natural Fiber Gains Prominence to Enhance Tensile Strength of Composites

The global bicycle and components market is segregated on the basis of application, technology, component, and region. In terms of application, mountain bikes, road bikes, city bikes, electric bikes, children bikes, and other bikes are the segments into which the bicycle and components market is divided. Among them, city bikes hold prominence due to their widespread demand for environmental and health reasons. Individuals are increasingly opting cycling for short distance travel for both work and non-work needs. On the other hand, electric bikes are gaining traction due to the rising demand for light weight vehicles; advances in lithium ion battery technology has aided the manufacture of light weight bikes.

Depending upon technology, continuous fiber composites, discontinuous fiber composites, and metals are the segments into which the bicycle and components market is divided. Fiber composites both continuous and discontinuous hold prominence due to the emerging trend of using renewable natural fibers to strengthen tensile strength of plastic parts. Vegetable-based fibers such as flax, jute, hemp, or kenaf are some commonly used natural fibers. In addition, rising demand for light weighted vehicles is likely to boost the demand for fiber composite technology.

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On the other hand, metals segment is likely to display decelerated growth due to the rising demand for light weight vehicles. However, OEMs are vying to manufacture lightweight aluminum frames by adding carbon fibers.

By component, rims, saddles, frames, and others are the segments into which the global bicycle and components market is divided. Vis-à-vis growth rate, frames is likely to surpass other component segments over the forecast period.

Governmental Mandates to Curb Vehicular Pollution Promotes Cycling in Emerging Economies of Asia Pacific

Geography wise, the report takes stock of the potential of demand in North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Of them Europe is anticipated to lead in terms of revenue contribution to the overall market over the 2017-2026 forecast timeframe. However, Asia Pacific is anticipated to emerge as a significant market for bicycle due to increasing adoption of fitness activities with rising education level and rising disposable income in emerging economies of the region.

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In a nutshell, rising adoption of cycling especially for short distances for environmental considerations and for health reasons is favoring the bicycle and components market.

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N-Hexane Market to Witness an Outstanding Growth by 2018 and 2026 - Persistence Market Research

Persistence Market Research’s report titled “n-Hexane Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026” examines the n-hexane market and offers valuable key insights for the next eight years. On the basis of the key findings reported in the study, the n-hexane market is anticipated to witness significant demand from end-use applications such as oil extraction, polymerization, pharmaceuticals, rubber processing, adhesive & sealant, industrial cleaning & degreasing and others (Inks, Glues, leather dressing, etc.)

With a value CAGR of 4.5%, the n-hexane market is expected to reach US$ 2,967.1 Mn in 2026 from a value of US$ 2,089.0 Mn in 2018. The n-hexane market is pegged to create an incremental $ opportunity worth US$ 878 Mn between 2018 and 2026.

n-Hexane Market: Dynamics      

n-Hexane plays a key role in industries as an oil extraction agent. It can also improve yield for a variety of seeds and is easy to recycle, which make it the preferred compound in oil extraction processes. Thus, n-Hexane is anticipated to witness strong demand from the oil extraction industry over the forecast period. Rising population in emerging economics, coupled with the increasing demand for oil, is expected to boost the demand for n-Hexane. Among all regions, Asia-Pacific is a prominent market for n-Hexane. Additionally, n-Hexane has many applications in end use industries such as, cleaning, adhesives & sealants, pharmaceutical, textile etc. Increasing demand of n-hexane from the end-use industries as a result of economic growth, especially in emerging markets such as China and India drives the n-hexane market.

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n-Hexane Market: Forecast

The global n-hexane market is estimated to grow 1.4X during the forecast period, owing to the growth of applications such as oil extraction, pharmaceuticals, polymerization and rubber processing. From a geographical perspective, China, followed by North America, is expected to dominate the global n-hexane market over the forecast period. On the basis of incremental $ opportunity, Europe is estimated to account for US$ 178.6 Mn in 2018 and is expected to reach US$ 679.7 Mn by the end of 2026.

On the basis of purity, the >90% segment is expected to be a key segment in the market with a value of US$ 1,589.2 Mn in 2018. The segment is anticipated to account for more than three-fourths of the market value share in the n-hexane market during the forecast period. On the basis of growth, the <90% segment is anticipated to grow at a moderate growth rate when compared to then >90% segment in the global n-hexane market during the second half of the forecast period.

Among all grade segments, the oil extraction segment is anticipated to be a prominent segment in the global n-hexane market during the forecast period. In terms of volume, the industrial grade segment is expected to hold approximately one-third of the market share in 2018 and remain prominent throughout the forecast period. The incremental $ opportunity created by the industrial grade segment is pegged to be two-thirds of the incremental $ opportunity created by the overall market.

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On the basis of application, the oil extraction segment is estimated to hold more than half the market share in terms of value and volume. Oil extraction is expected to be a significant segment in the market throughout the forecast period, followed by the polymerization segment. In terms of incremental $ opportunity, the pharmaceuticals application segment is expected to create an incremental $ opportunity worth US$ 64.2 Mn in the global n-hexane market between 2018 and 2026.

n-Hexane Market: Competitive Landscape

ExxonMobil Corporation, Royal Dutch Shell PLC, ndian Oil Corp. Ltd, Chevron Phillips Chemical Company LLC, Bharat Petroleum Corp. Ltd, Rompetrol Rafinare S.A., Hindustan Petroleum Corporation Limited, Dongying Liangxin petrochemical company, Liaoning Yufeng Chemical Co., Ltd., DHC Solvent Chemie GmbH and Sak Chaisidhi Company Limited are some of the key participants covered in this study on the n-Hexane market.

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Gastrointestinal Infection Testing Market Set to Surge Significantly During 2017-2026- Persistence Market Research

Gastrointestinal (GI) infections are one of the most common infections in primary care. According to NCBI (National Center for Biotechnology Information), around 200 Mn GI infections occur in the U.S. annually. To detect bacteria, virus and parasites, gastrointestinal infection testing is done. The molecular tool is used for fast discovery of bacteria in clinical specimens and allows early and clear laboratory validation of related diseases. Since the past few years, real-time PCR tests have been widely developed in clinical microbiology labs for routine gastrointestinal infection testing of infectious diseases, such as bacterial, viral and parasitic diseases. This factor will boost the growth of the gastrointestinal infection testing market during the forecast period. According to the latest report published by the company, the global gastrointestinal infection testing market is projected to account for over US$ 490.2 Mn, in terms of value, by 2026 end. The report further projects that the gastrointestinal infection testing market will grow at a CAGR of 5.1% through 2026.

Growing Usage of Sophisticated Infection Detection Panels and Infectious Testing Kits to Give a Boost to the Gastrointestinal Infection Testing Market

Diarrhea is one of the leading causes of deaths. According to WHO, diarrhea kills around 525 Mn children aged 5 years or less every year. Gastrointestinal infection testing is done using PCR systems that provide a quick valuation of gene mutations or the presence of antibiotic resistance genes. This factor will increase the growth of the gastrointestinal infection testing market during the forecast period. That apart, increasing healthcare expenditure by governments has enabled the usage of sophisticated infection detection panels and infectious testing kits in hospitals, diagnostic laboratories and institutes. This factor, in particular, is likely to play an instrumental role in driving the growth of the gastrointestinal infection testing market during the forecast period.

Asia Pacific Excluding China to Register Highest Growth Rate

Stringent rules and regulations set by the U.S. Food and Drug Administration (FDA) may hinder the growth of the gastrointestinal infection testing market. The North America gastrointestinal infection testing market is expected to give a boost to the growth of the gastrointestinal infection testing market due to increasing healthcare spending and government initiatives to spread awareness and availability of better gastrointestinal infection testing options in the region. The Asia Pacific ex. China gastrointestinal infection testing market is expected to grow at highest CAGR owing to increasing patient pool due to unhygienic lifestyle and improper sanitation facilities in this region. The Asia Pacific ex. China gastrointestinal infection testing market is estimated to create incremental $ opportunity worth US$ 41.9 Mn between 2018 and 2026.

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Gastrointestinal Infection Testing Market: Segmental Analysis

The global gastrointestinal infection testing market has been segmented by disease strains, product type and end user. The gastrointestinal infection testing market has been segmented by disease strains into bacterial strains, viral strains and parasitic strains. Based on product type, the gastrointestinal infection testing market is segmented into reagent kits, sequencing kits and equipment. In terms of revenue, the reagent kits segment is expected to hold major share during the forecast period due to its user-friendly nature and accurate detection of foreign agents. On the basis of end users, the gastrointestinal infection testing market is segmented into hospitals, clinics/medical centers, diagnostic laboratories and research institutes. The hospital segment is expected to show high revenue growth as an increasing number of people are getting hospitalized due to increasing gastrointestinal infections.

Gastrointestinal Infection Testing Market: Leading Companies

The report tracks some of the key companies operating in the gastrointestinal infection testing market, such as Becton, Dickinson and Company (BD), Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Luminex Corporation, Hoffmann-La Roche Ltd., bioMérieux SA, Quidel Corporation, Illumina, Inc., Seegene Inc and Genetic Signatures.

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Smart Inhalers Market to Witness Exponential Growth by 2017-2026

The smart inhalers market is majorly driven by innovation, where the emphasis is on digital partnerships to offer smart inhaler products due to the increasing prevalence of respiratory disorders. Partnerships, collaborations, and agreements between pharma and digital companies play a key role in the market’s supply chain. Increasing adoption of digitally-improved products across various end users is driving growth and innovation in the digital healthcare industry. Smart inhaler technology is rapidly becoming one of the most important areas of collaboration between pharma and digital health companies. A smart inhaler is now considered a part of the new-age digital technology, which is designed to improve disease management in respiratory diseases.

The leading manufacturers of smart inhalers are focusing on collaborating with digital and software companies in order to serve the targeted population. Moreover, such collaborations also help manufacturers launch their products more conveniently as well as enhance their distribution channels. For instance, Propeller Health, a leading digital health solution provider for respiratory medicine, collaborated with Novartis AG to develop a custom add-on sensor for the Breezhaler inhaler, a smart inhaler used for COPD treatment. AstraZeneca plc formed a digital health partnership with the digital health company Adherium to manufacture smart inhalers. In September 2017, Adherium announced the FDA approval for SmartTouch, a Symbicort inhaler for AstraZeneca’s Symbicort aerosol inhaler. All these factors are projected to drive the growth of the global smart inhalers market during the forecast period.

The growth of the smart inhalers market is attributed to the increasing prevalence of asthma and COPD across the globe. According to the latest research by the company, the global smart inhalers market is expected to account for revenue over US$ 130 Mn in terms of value by the end of 2026. The smart inhalers market is expected to witness rapid growth with a CAGR pegged at 12.2% through 2026. The smart inhalers market is moderately consolidated due to the presence of leading international players.

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Regional Performance of the Smart Inhalers Market

The revenue from North America smart inhalers market is expected to expand at a significant CAGR and is estimated to remain a dominant regional market for smart inhalers. This is majorly due to the rising per capita income in North America which is driving individuals to spend more on health care. This factor is expected to positively impact the growth in treatment options for respiratory disorders. Europe is also anticipated to be one of the leading regional markets for smart inhalers. India and China, along with other developing countries, have been preferable destinations for expenditure and investments. The prime driving factors in the region are rapid industrialization, infrastructural developments, and economic growth. The growth in these regions is paving way for substantial growth opportunities for smart inhaler manufacturers.

Revenue Inhibitors in the Smart Inhalers Market

However, issues concerning the patient’s data security are expected to hamper the growth of the global smart inhalers market. Smart inhalers are responsible for collecting and sharing data regarding healthcare professional usage. They have the potential to save time as well as improve safety and health, but the benefits come with significant security risks and privacy issues. The data collection and potential sharing of the information are significant concerns. The medical information of the patient could be used inappropriately, which may further lower the adoption of smart inhalers and hampers the growth of the global smart inhalers market.

Segmental Insights on the Smart Inhalers Market

The global smart inhalers market is estimated based on product type, disease indication, and distribution channel. Based on product type, the smart inhalers market has been segmented into DPI-based smart inhalers and MDI-based smart inhalers. The DPI-based smart inhalers segment is expected to hold maximum market share in the global smart inhalers market. Based on disease indication, the smart inhalers market has been segmented into asthma and COPD. In terms of revenue, COPD disease indication dominated the global smart inhalers market in 2017.

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Companies Operating in the Smart Inhalers Market

Examples of some of the key companies operating in the smart inhalers market are GlaxoSmithKline Plc., Teva Pharmaceutical Industries Ltd., Novartis AG, Boehringer Ingelheim International GmbH, AstraZeneca plc, Aptar Pharma (AptarGroup, Inc.), Propeller Health, H&T Presspart Manufacturing Ltd., OPKO Health, Inc., Sensirion AG, and Cohero Health, Inc.

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Lateral Flow Assay Market to Witness Comprehensive Growth by 2017-2026

Technological preferences and advancements in lateral flow assay kits over the years have resulted in reduced hospital visits, which is expected to contribute to the growth of the global lateral flow assay market. Technological improvements, coupled with increasing awareness, are projected to increase the acceptance of lateral flow assay kits globally. Lateral flow assay kits are used for the early-stage diagnosis of diseases. According to the latest research by the company, the global lateral flow assay market is projected to account for over US$ 9.7 Bn in terms of value by the end of 2026. The report further projects a 5.4% growth rate with an increasing average Y-o-Y throughout 2026. The lateral flow assay market is expanding and gaining popularity as these tests are simple and can be performed by the patients themselves. These kits provide faster results within few minutes. The lateral flow assay readers match the sensitivity of Elisa tests and eliminate the possibility of human errors.

Factors Impacting Revenue Growth of the Lateral Flow Assay Market

The growing acceptance of smart devices has resulted in the advent of automated smartphone-based readers for lateral flow assay tests. Test images captured with a smartphone camera are processed and stored electronically with information about the patient & operator, and the date & time of each test. These readers can be used for analyzing various metabolites present in the urine and saliva, blood, serum, plasma and solubilized solids. Ease of use, low costs and ease of production are among factors that have resulted in the expansion of lateral flow assay kits in various fields. Bench top readers are sophisticated and automated for qualitative as well as quantitative tests. These readers exclude the possibility of human errors that occur due to the visual judgment of colored areas by humans.

Increasing prevalence of infectious diseases, such as mosquito-borne diseases, Streptococcus infections, Tuberculosis (TB) and Sexually Transmitted Infections (STI), is boosting the lateral flow assay market. The presence of a large patient pool in developing regions, such as China and South Africa, and the advent of new lateral flow assays are among factors expected to drive the lateral flow assay market during the forecast period.

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Lateral Flow Assay Market: Competitive Assessment

Companies are increasingly emphasizing on the research and development of drugs and therapies for diseases such as malaria, salmonella, and others, and their early stage diagnosis is expected to create significant growth opportunities for the lateral flow assays market. Significant collaborations and acquisitions among the key players in the industry, funding programs and the presence of reimbursement agencies is also expected to aid the growth of the market. For instance, in 2016, Abbott acquired Alere, which was one of the major market players in the lateral flow assays.

In addition, manufacturers are joining hands with various organizations to spread awareness about the usage of lateral flow assays. The emergence of diseases, such as Zika virus, Ebola, and other pandemic disease, has increased the procurement of point-of-care testing devices and kits by international bodies, such as UNICEF, which has boosted the lateral flow assay market.

The lateral flow assay market is fragmented in nature with three players accounting for majority of the global revenue. The companies operating in the market are focusing on launching various types of reusable and disposable readers to further increase sensitivity during the diagnosis of diseases. The manufacturers of lateral flow assays are conducting product awareness and training programs. For instance, in Latin America, Abbott distributed ~8.5 million HIV test kits in Brazil in 2015, and more than 255,000 people were diagnosed with HIV who would have otherwise remained undiagnosed.

However, the tests performed with the help of lateral flow assay kits at different times on the same person are likely to yield quite different results. This factor is expected to negatively impact the growth of the global lateral flow assay market over the forecast period.

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Segmental Insights on the Lateral Flow Assay Market

The lateral flow assay kits segment accounted for a revenue share of over 73% in the global lateral flow assay market in 2017. The popularity of kits is also increasing, which is expected to boost the others segment of the lateral flow assay market in the near future

The global lateral flow assay market has been segmented into readers such as ESEQuant LR3 which offer quantitative results and lateral flow assay kits such as dipsticks and cassettes which offer qualitative and visual results. In terms of revenue, the lateral flow assay kits segment of the lateral flow assay market is expected to hold a significant revenue share over the forecast period

Lateral Flow Assay Market: Key Players

The company’s report tracks some of the key companies operating in the lateral flow assay market, which include QIAGEN N.V., F. Hoffman - La Roche Ltd., Becton, Dickinson and Company, Abbott, bioMerieux S.A, Bio-Rad Laboratories Inc., Hologic Inc., Danaher Corporation (HemoCue AB), Thermo Fisher Scientific Inc., and Siemens Healthcare GmbH, among others.

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Nonwoven Fabric Market Progresses for Huge Profits During 2018 - 2026

The automotive industry has been registering robust usage of nonwovens, since recent years. Although applications of nonwovens predominantly exist in manufacturing of lightweight, fuel-efficient vehicles, a recent outlook released by Persistence Market Research (PMR), indicates that the global nonwoven fabric market is driven by a large number of applications other than automotive, including personal care, construction, and textile.

The global nonwoven fabric market is anticipated to witness healthy growth over the next eight years. During 2018-2026, the market is likely to expand at a CAGR of 7%, reaching a value in excess of US$ 75 Bn.

The existing application base is projected to expand due to a series of new applications and opportunities, as a result of innovation. The research on raw materials is also witnessing innovation since the recent past, which is expected to induce the nonwoven fabric manufacturers to shift from oil-based nonwoven synthesis, leading to natural products and biopolymers. As the single-use trend among consumers may impact the global revenue of nonwoven fabric market in the long run, manufacturers are focusing more on strategic product designing so as to achieve second or third end-use.

Expecting Enhanced Performance, with Particles within Nonwoven Fabric

The global market for nonwoven fabric is currently expecting a few revolutionary innovations, which will potentially redefine the applications of nonwoven fabric in various end use industries, in near future. Ongoing research on the incorporation of powders and particles into nonwoven fabric prompts at a possibility of achieving enhanced nonwoven fabric performance, which can be rarely attained in presence of only fiber. Researchers are working on the inclusion of particles and powders within the fabric structure in order to enhance the original properties of fabric such as liquid and gas absorption, thermal resistance, acoustic insulation, and VOC capture.

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Moreover, a new technology has been developed to mechanically trap the aforementioned particles in the fabric structure, which enhances the performance of nonwoven fabric without any adhesive chemistry. This and similar technological innovations are foreseen to transform the entire nonwoven world and introduce a slew of end-use application opportunities for nonwoven fabric manufacturers.

Personalization & Stratification of Nonwovens: Biggest Challenges for Nonwoven Fabric Manufacturers, According to Industry Experts

The consumer goods industry is constantly evolving, and increasing consumer inclination towards tailor made products as well as services has been playing a crucial role in this transformation. While basic consumer demands are generally met through mass-produced goods in developed regional markets, sales of customized products and services hold immense potential to drive excellent profits to businesses. However, in case of nonwoven fabric, manufacturers need to adopt flexibility-centered product design strategies and also involve end users in the entire development process. Experts suggest ‘late-stage functionalization’ as one of the possible tools, which may potentially help nonwoven fabric companies overcome this long-term challenge.

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As revealed by PMR’s research, the next few years are expected to witness impressive demand for nonwoven fabric, predominantly due to the recent developments in the textile industry and a positive rebound of the construction sector. Significant business opportunities are foreseen to be presented by the hygiene and personal care products. What are the most significant innovations and trends influencing the performance of nonwoven fabric market? Which regional markets hold the highest revenue generation potential for the nonwoven fabric market?

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Rotary Limit Switch Market to Rear Excessive Growth During 2018 - 2026

Rotary Limit Switch Market: Introduction

A rotary limit switch is a device used in industrial and construction lifting as well as in hoisting equipment to control specific motions or movement of equipment. A rotary limit switch is activated by rotational or linear movement and uses a PLC or contactor as a power interface to control the electric motors in the lifting equipment. Rotary limit switches are generally used for heavy duty applications and can achieve high precision. The shaft of the rotary limit switch is connected to the motor. After a pre-determined number of revolutions or angles, the switch operates and starts a movement, which is configured with the set number of revolutions. The movement from the input shaft is transferred to the output shaft by using a helical toothed gear and a worm gear in combination with straight toothed gears. Rotary limit switches are highly precise and durable; hence, they are an essential part of heavy lifting operations. These switches are used to control conveyors, work tables and electrically-operated doors, among others. Given their unique functional capabilities, rotary limit switches are expected to register robust demand across industries during the forecast period.

Rotary Limit Switch Market: Dynamics

Rotary limit switches are critical elements in heavy duty lifting applications. Attributing to their automatic operation, rotary limit switches reduce labor costs and increase operational efficiency at the site of operations. Global economic growth has witnessed a significant slowdown during the past four years. This has impacted construction and other industries and is, thus, resulting in a decline in the demand for rotary limit switches. With recovery in global economic growth, the demand for rotary limit switches is set to witness significant growth during the forecast period.

Rotary limit switches use solid state (gear type) or electro-mechanical (encoded type) switches to switch a load. Electro-mechanical switches have moving parts such as knobs, levers and arms that make physical contact with the actuators. Solid state switches use an optical sensor to detect other objects. Solid state devices are expensive but have a longer life span than their counterparts. Hence, solid state rotary limit switches are expected to witness significant growth among the product type segments.

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Recovery of the construction industry, fluctuations in oil & gas prices and the on-going trade war between the U.S. and China may affect the construction industry, which in turn may hamper the growth of the rotary limit switch market.

Rotary Limit Switch Market: Segmentation

The global rotary limit switch market has been segmented on the basis of type as:

Gear Type

Encoded Type

The global rotary limit switch market has been segmented on the basis of application as:

Hoisting Apparatus

Wind Turbines

The global rotary limit switch market has been segmented on the basis of industry as:

Construction

Automation

Stage Technology

Power Generation (Solar & Wind)

Industrial & Others

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Rotary Limit Switch Market: Regional Overview

North America is expected to hold a substantial share in the global rotary limit switch market due to the growth of construction and automation in the region. China and India are expected to register robust growth rates in the global rotary limit switch market, owing to the rapid industrialization and urbanization in the region. Thus, Asia-Pacific is expected to be a prominent region in the global rotary limit switch market. Europe is expected to register moderate growth in the rotary switch market while Middle East and Africa are expected to witness slow to moderate growth. Japan is expected to register a slow growth rate in the rotary limit switch market due to the already matured construction industry in the region.

Global Rotary Limit Switch Market: Market Participants

Examples of some of the market participants in the global rotary limit switch market identified across the value chain include:

NOOK Industries, Inc.

Hubbell

Altra Industrial Motion Corp

Giovenzana International B.V.

AMETEK Inc

TER Tecno Elettrica Ravasi srl

Micronor Inc

Rotork Instruments Italy

Omega Controls Private Limited

Schneider Electric

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Hydraulic Bolt Tensioner Market to See Incredible Growth During 2015 to 2021

Hydraulic Bolt Tensioner Market: Introduction

Bolt tensioning is an industry-wide practice used to tighten bolts and studs. Unlike torquing, bolt tensioning elongates the bolt and creates a clamping force on the joint. Hydraulic bolt tensioning is a commonly used method in bolt tensioning, which uses hydraulic bolt tensioners to tighten the bolts. A hydraulic bolt tensioner exerts tension using hydraulic fluid through its hydraulic body, by which the bolt assembly is tightened. Hydraulic bolt tensioners have a high level of accuracy and reliability and are fast, simple and safe as compared to other bolt tensioners and also save time and money. Hydraulic bolt tensionersalso provide leak-free installation and a safe work environment as they reduce spills and leaks from the flanges. Hydraulic bolt tensioners are hands-free and reduce manual workforce, thereby reducing work place accidents. Hydraulic bolt tensioners are used for bolt tensioning on flanges, piping, pressure vessels, heat exchangers, compressor covers, windmills, boiler feed pumps and various other applications where a high degree of accuracy and leak-free installation are required.

Hydraulic Bolt Tensioner Market: Dynamics

Bolted connections are integral components of small-scale and large-scale plant operations. The rise of advanced tool technology for connecting bolts using hydraulic bolt tensioners has significantly decreased the number of workplace accidents as well as increased the efficiency and accuracy of fittings. Hydraulic bolt tensioners are hence widely used across industries such as wind, power generation and oil & gas, as they assure leak-free, safe and fast bolted connections for flanges, piping and other industrial equipment.

Oil & gas and power generation industries are expected to be among the key drivers of the hydraulic bolt tensioner market. Growth in industrialization and urban population have significantly increased the demand for energy, which in turn has led to the robust growth of wind and power generation industries globally. This has been creating significant demand for hydraulic bolt tensioners. Hydraulic bolt tensioners are widely used for fitting flanges and bolts on both onshore and offshore in the oil & gas industry. With oil & gas prices stabilizing, the oil & gas market has witnessed steady growth over the last couple of years. This has resulted in a rise in the demand for hydraulic bolt tensioners across the industry.

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Hydraulic Bolt Tensioner Market: Segmentation

The global hydraulic bolt tensioner market has been segmented on the basis of type as:

Standard

Customized

The global hydraulic bolt tensioner market has been segmented on the basis of application as:

Wind Bolt Tensioners

Topside Bolt Tensioners

Sub Sea Bolt Tensioners

The global hydraulic bolt tensioner market has been segmented on the basis of industry as:

Wind

Power

Oil & Gas

Industrial & Others

Hydraulic Bolt Tensioner Market: Regional Overview

The global hydraulic bolt tensioner market is expected to register substantial growth in the coming years. North America is expected to hold a prominent share in the global hydraulic bolt tensioner market, owing to the presence of significant oil & gas and power generation industries in the region. Europe is expected to witness significant demand for hydraulic bolt tensioners, due to the rise in wind and power generation in the region. The Middle East is also expected to register a robust growth rate in the hydraulic bolt tensioner market due to the growth of the oil & gas industry in the region. China and Asia Pacific are expected to register noteworthy growth rates in the hydraulic bolt tensioner market, due to the rising energy needs and growth of the oil & gas industry in the regions. On the other hand, Japan is expected to witness slow growth in the hydraulic bolt tensioner market.

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Global Hydraulic Bolt Tensioner Market: Market Participants

Examples of some of the market participants in the global hydraulic bolt tensioner market identified across the value chain include:

Hydraulics Technology, Inc.

Powermaster Engineers Pvt. Ltd.

Tritorc Equipments Private Limited

SKF

Hydratight Limited

ENERPAC

Hire Torque

SPX Flow

ITH Bolting Technology

TorcUP Inc

Actuant Corporation

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Household Insecticides Market to Significant Growth Foreseen by 2015 to 2021

Household insecticide market remains influenced by multi-pronged factors, ranging from fast-paced urbanization, to ongoing battle against vector-borne diseases. There is a marked preference for ready-to-use insecticides among customers who seek quick and hassle-free results. According to an analytics research study of Persistence Market Research (PMR), global household insecticides sales in 2019 will exceed US$ 14.5 Bn.

“The demand for household insecticides, both in residual as well as non-residual forms, will gain substantial traction, and this demand will be governed by specific use-case requirements“, finds PMR study.

The report opines gel and cream formulations to be the top-selling household insecticide variants, underpinned by unparalleled ease of usage and easy-to-carry convenience. Global sales of gel and cream household insecticide formulations are envisaged to surpass revenues worth US$ 8 Bn in 2019. Leading household insecticide manufacturers are developing natural ingredient-based gels and creams that offer optimal results offset side effects linked with their chemical-based variants, to realize enhanced consumer loyalty and boost sales.

Rapid rise of e-commerce has been primarily backed by advances in the computing technology and mobile devices, consequently leading to an influx of online channels. The modern-age customers’ seek for favorable deals, and convenience to choose from varieties, is not an exception when it comes to vector repellents.

Mosquito Repellents Remain Preferred Backed by their Availability in Multiple Formats

Mosquito repellents will remain preferred over other household insecticide products, with demand upheld by their availability in multiple formats, including liquid vaporizers, sprays, coils, and mats. Mosquito repellent sales are likely to cross US$ 4.5 Bn Mn in 2019, primarily attributed to the global outbreak of mosquito-borne diseases and rising awareness on relevant control measures.

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Store-based retailers continue to steer sales of household insecticides through active adoption of viable business formats by considering latest trends, with the agenda to attain strong brand images and economies of scale.

The PMR report foresees promising future prospects for sales of household insecticides with safer formulations. Although sales of household insecticide have registered a decent uptick over the past few years, associated health concerns are increasingly denting consumer confidence.

Asia Pacific, spearheaded by prolific sales across emerging countries, retains its lucrativeness in the household insecticide market. With the battle against vector-borne diseases across Asia Pacific approaching its peak, the use of household insecticide products is poised to significantly take off in this region over the forecast timeline.

Manufacturers Multimodal Approaches for Product Innovations and Marketing

Manufacturers of household insecticide products are increasingly focusing on advertising and marketing their products via multimodal approaches. Key home insecticide brands have witnessed a remarkable significance in recent years, backed by consumer preferences for branded offerings. Meanwhile, the emerging players are focusing on retaining their market sustenance by generating brand awareness through promotional campaigns. Moreover, leading players are likely to remain highly oriented toward offering innovative products, such as fast cards, and instant-action electric liquidators, to seize big opportunities and gain competitive benefits.

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The PMR report traces the emerging opportunities in the household insecticides market for the forecast period, 2018-2026. As per the report, the household insecticide market is pegged to expand at a CAGR of over 7.5% through 2026.

The household insecticide market attained a valuation of US$ 13.8 Bn in 2018. Sales of household insecticide products will thrive via store-based retailers.

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AUTOMOTIVE CABIN AC FILTER Market to Witness Rise in Revenues During the Period 2017 to 2022

A new Persistence Market Research report titled “Automotive Cabin AC Filter Market: Global Industry Analysis and Forecast, 2016–2024” presents market projections for the global automotive cabin AC filter market over an eight-year forecast period (2016–2024). The global automotive cabin AC filter market is estimated to be valued at US$ 2,198.4 Mn by the end of 2016 and is expected to reach US$ 3,738.2 Mn by the end of 2024, expanding at a CAGR of 6.9% over the forecast period. Global consumption of automotive cabin AC filters is estimated to be pegged at 366,547 thousand units by the end of 2016 and is expected to increase at a CAGR of 4.9% over the forecast period.

Market dynamics

Demand for automotive cabin AC filters is expected to increase at a significant rate due to steady rise in vehicle production around the globe. Rising adoption of automotive cabin AC filters to filter pollutants and dust particles and a rising demand for efficient HVAC systems are major factors expected to drive the demand for automotive cabin AC filters worldwide. Cabin AC filters are an integral part of the HVAC system in vehicles. However, many vehicle owners are not aware that this system exists in a vehicle, and hence they are unaware about the replacement cycle of the cabin AC filter. This factor is expected to marginally restrain the growth of the automotive cabin AC filter market over the forecast period.

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Market highlights

The global automotive cabin AC filter market is segmented on the basis of filter type (electrostatic, particulate, charcoal), vehicle type (passenger cars, LCV, HCV), and sales channel (OEM, aftermarket). Persistence Market Research projections indicate that the particulate filter type segment is likely to expand at a significant CAGR of 6.2% in terms of value over the forecast period. The electrostatic filter type segment is expected to register a volume CAGR of 7.1% over the forecast period. “The electrostatic segment is likely to exhibit steady growth in the near future due to the rising adoption of cabin AC air filters in the OEM and aftermarket categories in countries such as China, India, Brazil, and countries of MEA.” --- Analyst, Persistence Market Research.

The passenger car vehicle type segment is estimated to account for the largest market share of 76.3% by the end of 2016. This segment estimated to be valued at US$ 1,677.0 Mn by 2016 end and is expected to reach US$ 2,913.6 Mn by the end of 2024, expanding at a CAGR of 7.1% over the forecast period. The segment is expected to grow 1.7X in terms of value between 2016 and 2024.

The OEM sales channel segment is expected to expand at a CAGR of 5.6% over the forecast period while the aftermarket sales channel segment is expected to be the most attractive segment in terms of CAGR and market share index throughout the forecast period.

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Among regions, the market in Asia Pacific is expected to witness a relatively high CAGR of 10.5% in terms of value over the forecast period. North America and Europe are expected to contribute significant value share to the global automotive cabin AC filter market throughout the forecast period. The market for cabin AC filters is mature in Europe and North America as almost all the passenger cars are equipped with cabin AC filters.

Vendor details

The report profiles some of the leading market players in the global automotive cabin AC filter market – Mann+Hummel GmbH, Sogefi SpA, Donaldson Company, Inc., Robert Bosch GmbH, Denso Corporation, Ahlstrom Corporation, MAHLE GmbH, Freudenberg & Co. KG, Hengst SE & Co. KG, ALCO Filters Ltd., K&N Engineering, Inc., EuroGIELLE S.r.l, ACDelco, and Airmatic Filterbau GmbH.

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Concrete Admixtures Market Foreseen to Grow exponentially over 2015 to 2021- Persistence Market Research

Concrete is the prime essential construction materials for all type of construction project, and serve the essential requirements of civil structures such as strength and durability of the final structure. Concrete consists of mixture of sand, aggregate, binder, water and admixtures.

The concrete admixtures contain specialty chemical solvent or mixture. It is used as an additive in cement or concrete to enhance the physical and chemical properties of the concrete such as aesthetic, functional, and design requirement of concrete structures. The concrete admixtures are extensively used in almost all type of concrete structures such as construction of residential buildings, industrial amenities, social and commercial complexes, and surface transportation infrastructure projects. The various cost and performance benefits offered by chemical admixtures include improved strength of the concrete structure, chemical resistance, enhanced durability and color properties, enhanced working properties of concrete and significantly low water and cement requirement. It also provides superior surface finish and better resistance to endure adverse climatic conditions.

Based on the different product type the market can be divided two broad categories: mineral admixture (including fly ash, granulated blast furnace slag, silica fume and rice husk ash) , and chemical admixture (including super plasticizers, normal plasticizers, accelerating agents, retarding agents, air-entraining agents, and waterproofing admixtures).

World Bank has estimated about 900 billion for the infrastructure development in developing countries till 2030. Moreover the improving quality of civil structure in developing countries of Asia Pacific is offering a double digit growth for the concrete admixture market. Various support mechanism such as foreign direct investment (FDI) for pacing infrastructure development in some of the major concrete civil structure dominant market such as India and China is providing new market opportunities for the concrete admixture market.

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Increasing prices of concrete admixtures chemicals coupled with lack of awareness about the advantages of admixtures in unorganized construction sector of Asia Pacific and other developing region is restricting the market expansion of the concrete admixture.

Growing residential requirement due to rising middle classes coupled with government initiatives such as stricter contraction quality regulations, upcoming infrastructure development programs such as home for every citizen of India (India Vision 2020, Planning Commission of India), development of transportation infrastructure and proposals of new megacities in both India and China is expected to display new market opportunities for concrete admixture market in upcoming years.

Asia Pacific is by far the largest market of concrete admixture followed by North America and Europe. Asia pacific and Rest of the World region (includes Middle East, Latin America, and Africa) are two of the fasted growing market of concrete admixture exhibiting a lucrative double digit growth over the years, whereas market of develop region such as Europe and North America is heading towards maturity and expected to grow at an below average rate. Country wise, China, India, Brazil, United Arab Emirates (UAE), Japan, Italy, Spain, U.S., Canada and Mexico are some of the predominant market of concrete admixture.

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Some of the major companies operating in global concrete admixtures market, include, The Dow Chemical Company, BASFSE, SIKA AG, W.R. Grace & Co., Cemex S.A.B. De C.V., Rpm International Inc., Ashland Inc., Pidilite Industries, Fosroc International Ltd, Chryso Sas, Mapei South Africa (PTY) Ltd, CICO Technologies Ltd., and CEMEX S.A.B. de N.V.