Thursday, 28 June 2018

Tanker Trucks Market Is Expected To Cross US$ 1.25 Bn By 2025: Credence Research

According to a new market report published by Credence Research Inc “Tanker Trucks Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025,” the tanker trucks market worldwide is expected to reach US$ 1.28 Mn by 2025, growing at a CAGR of 5.5% from 2017 to 2025. The global market for tanker trucks is primarily driven by growth in the global the oil and gas industry as it represents the largest commodity for tank truck freight. In addition, stringent regulations related to transportation and loading and unloading of petroleum and chemical products are expected to fuel the demand for advance truck models which match mandatory transportation requirements. Countries across the world are investing in chemical and petroleum production capacity expansion. Steady rebound in the global construction industry is also expected to drive the demand for tanker trucks used for water and concrete mixture. All these factors are expected to increase the demand for tanker trucks globally.

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Asia Pacific represents the largest regional market for tanker trucks followed by North America. The tanker trucks market in Asia Pacific is primarily influenced by the rising demand for petroleum products in the region. India and China are expected to witness considerable growth in the region. The U.S. represents the largest tanker trucks market in North America. The petroleum segment (gasoline, diesel, and aviation fuel) is the largest application segment for tanker trucks in North America and accounted for almost 50% of the overall tank truck freights. The tanker truck market is expected to witness a considerable growth in the region with growing expansion in chemical and oil and gas industry. The U.S. is expected to invest US$ 125 Bn to US$ 150 Bn in the expansion of chemical industry. In addition, stringent regulations in transportations of hazardous liquid and chemicals are expected to drive the demand for tanker trucks in the region. US Department of Transportation (DOT) and the American Society of Mechanical Engineers (ASME) have introduced some codes and mandatory specification related to transportation of hazardous liquid tank bodies includes DOT406, DOT407 and MC331.

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Based on capacity of tanker trucks, the market is segment into Small Duty (Less than 1,000 gallons), Medium Duty (Between 1,000 gallons and 4,000 gallons) and Large Duty (More than 4,000 gallons). Medium capacity tanker trucks represents the largest segment in the overall tanker trucks market. This segment is expected to maintain its dominating position throughout the forecast period with rising demand for these types of trucks from petroleum and chemical industries.
The tanker trucks market represents consolidated market of bulk feed tank trucks, coded tank truck, water tank truck, sewer jetters and others. Coded tanker trucks segment dominated in the overall tanker trucks market by truck type. This category is also expected to witness the fastest growth through the forecast 2017 – 2025.

The global tanker trucks market is very competitive and dominated by multination players. Some of the key players in the global tanker trucks market include Ford Motor Company, Polar Tank Trailer, LLC, Seneca Tank, Tremcar, Volvo Group, MAN Truck & Bus AG (Volkswagen), Mercedes (Daimler), Iveco, Hyundai Motor Company, Kenworth, Tata Motors Limited, Scania AB (Volkswagen), Freightliner Trucks (Daimler), Navistar International Corporation and others.

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Oil & Gas Separation Equipment Market Is Expected To Reach US$ 9.6 Bn By 2024: Credence Research

The latest market report published by Credence Research, Inc. “Oil & Gas Separation Equipment Market, By Product Type, By Technology and By Geography- Growth, Future Prospects and Competitive Analysis, 2016 - 2024,” the global oil & gas separation equipment market was valued at US$ 6.7 Bn in 2016, and is expected to each US$ 9.6 Bn by 2024, expanding at a CAGR of 4.6% from 2016 to 2024
.
Browse the full Oil & Gas Separation Equipment Market - Growth, Future Prospects and Competitive Analysis, 2016 – 2024 report at http://www.credenceresearch.com/report/oil-and-gas-separation-equipment-market

Market Insights
Global oil & gas separation equipment market is projected to gain momentum with growing demand for fossil fuel, increasing exploration and production investment, increasing refining capacity and growing environmental concerns over the emission of greenhouse gases. Further, favorable regulatory policies of U.S. and Chinese government for shale gas and offshore reserves exploration is expected to encourage the exploration and production activities of non-conventional resources which in turn is anticipated to drive the demand for oil & gas separation equipment during the forecast period. However, high cost of installation is expected to remain the key challenge for the global oil & gas separation equipment market during the forecast period (2016-2024).

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North America is projected to be the most dominant market in global oil & gas separation equipment market due to growing exploration and production of conventional and non- conventional resources such as shale gas, tight oil and coal bed methane in the region which in turn is expected to drive the demand of oil & gas separation equipment in the region. Growing exploration and favorable regulatory support in China, Indonesia, Vietnam and Malaysia is anticipated to fuel the demand for oil & gas separation equipment in Asia Pacific. Russia and other countries of Eastern Europe is expected to witness significant rise in exploration and production of hydrocarbons which in turn is expected to augment the demand of oil & gas separation equipment in Europe over the forecast period (2016-2024).

By product type, three phase separators was the most dominant segment in 2016 and anticipated to continue its dominance of over the forecast period. Increasing exploration and production of shale gas and tight oil along with its ability to deal with solid particles is anticipated to drive the growth of the segment during the forecast period (2016-2024). Scrubbers segment is projected to be the fastest growing segment during the forecast period. Growing environmental concerns of the emission of greenhouse gases influencing governments to adopt stringent regulations over maximum particulate and greenhouse gases emission which in turn is projected to fuel the adoption of scrubbers.

By technology, gravitational separation segment was observed to be the largest segment in 2016 in oil & gas separation equipment market owing to wide adoption of the gravitational separation method due to its effectiveness and lower operating cost. Advancement in technology along with growing exploration and production of nonconventional shale gas and tight oil along with growth in the variety of crude has derived the need for the multi fluid phase separation which in turn is projected to drive the growth of the centrifugal technology segment. The centrifugal technology segment is projected to be the fastest growing segment during the forecast period (2016-2024).

Considering the competition, the global oil & gas separation equipment market is expected to witness a significant rise in investment in R&D for the development of efficient separation process. Further, market has witnessed strategic mergers and collaborations among oil & gas separation equipment vendors. Such growth strategies are focused on augmenting their product portfolio or increase their market penetration in key oil producing economies.

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Positive Patient Identification (PPID) Market Set To Cross The US$ 1.6 Bn Mark By 2023: Credence Research

According to a new market research report published by Credence Research “Positive Patient Identification (PPID)  Market (Component: Scanning Equipment and Software & Services; Deployment Model: Web-based and Cloud-based) - Growth, Future Prospects and Competitive Analysis, 2016 - 2023”, the global positive patient identification market is estimated to reach US$ 1.65 Bn by 2023.

Browse the full report at http://www.credenceresearch.com/report/positive-patient-identification-ppid-market

Market Insights
Positive patient identification refers to a combination of hardware and software solutions designed for identifying a patient’s details so as to ensure correct medication is provided to the same. The most significant factor driving the market growth is the rising expenditure over healthcare IT and other automation systems designed for carrying seamless processes in healthcare organizations. Another major factor fueling the market growth is the growing instances of patient misidentification leading to fatal losses to the patients along with economic loss. Considering these factors, the market is projected to portray robust growth during the forecast period. Nevertheless, factors such as reluctance to change and ignorance towards patient safety may challenge the market growth.
The overall positive patient identification market is segmented on the basis of market components, deployment model and geographic regions. On the basis of components, the market is segmented into scanning equipment and software & services. As of 2015, the market is led by the software & services segment. Further, based on the deployment models, the market is further segmented into cloud-based and web-based PPID solutions. The market is currently dominated by the web-based PPID solutions segment. On the basis of geographic regions, the PPID market is led by North America region, as of 2015. The region is expected to hold the largest share worldwide throughout the forecast period. Nevertheless, Asia Pacific is projected to emerge as the fastest growing segment during the forecast period.

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Competitive Insights:
The global positive patient identification market is technology driven, requiring vendors to invest substantial amount in research and development. Some of the leading and emerging players identified in the research study include Imprivata, Inc., Zebra Technologies, RightPatient, Inc. and PatientWorks Corporation. The global positive patient identification market is driven by technology developments and innovation. The competitive rivalry among current market players is comparatively high as every player is seeking to gain first movers advantage in the market.

Key Trends:
  • Shift towards cloud-based positive patient identification solutions
  • Partnership with healthcare organizations (on contract basis) and other market players
  • Shift towards biometric positive patient identification solutions
  • Emphasis on integration capabilities
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Tuesday, 26 June 2018

Global Natural Flavors Market Is Expected To Reach US$ 7.7 Bn By 2023 - Credence Research

The latest market report published by Credence Research, Inc. “Natural Flavors Market, By Type and Application - Growth, Future Prospects and Competitive Analysis, 2016 - 2023,” the global natural flavors market was valued at US$ 4.9 Bn in 2015, and is expected to each US$ 7.7 Bn by 2023, expanding at a CAGR of 5.8% from 2016 to 2023.

Browse the full Natural Flavors Market - Growth, Future Prospects and Competitive Analysis, 2016 – 2023 report at http://www.credenceresearch.com/report/natural-flavors-market
 
Market Insights
The overall food flavors market has witnessed robust growth in recent years. Based on the type of source, food flavors are categorized into synthetic and natural food flavors. Rising demand for healthy food and disadvantages associated with consumption of synthetic ingredients have resulted in adoption of natural ingredients among manufacturers. Furthermore, shifting food preferences, attributed to changing lifestyle and growing purchasing power parity of consumers are resulting in demand for healthy, nutritious and natural products among affluent consumers. Thus, natural food flavors are expected to surpass the market share of artificial food flavors in the near future.
Owing to adverse health issues due to consumption of artificial ingredients particularly in processed food products, whose consumption is increasing rapidly; demand for clean label products is anticipated to increase significantly in the next five to six years. This has further led to intense competition among players operating in the natural flavors market, in order to maintain sustainability. Shifting preferences among consumers towards naturally-derived food products has resulted in development of natural ingredients, which is anticipated to fuel the overall natural flavors market growth. However, stability and sustainability issues coupled with high costs associated with natural flavors raw materials are restraining the adoption of natural flavors among manufacturers.

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Geographically, North America is dominating the market in terms of revenue share contribution, followed by Europe and Asia Pacific. North America and Europe are collectively accounted for around 65% of the overall natural flavors market share in 2015. Asia Pacific is further expected to record highest CAGR during the forecast period. This is attributed to increasing health consciousness among consumers leading towards consumption of natural-based products and growing food and beverages industry in the region. Growth of natural flavors market in Latin America is expected to be significant throughout the forecast period.

Some of the prominent players identified in the natural flavors market include Givaudan SA, Firmenich SA, Takasago International Corporation, Sensient Technologies Corporation, Kerry Group PLC, Frutarom Industries Ltd., Dohler Group, W, ild Flavors GmbH, International Flavors & Fragrances Inc. and Symrise AG.. Companies are adopting growth strategies such as consolidation activities and entering in long-term contracts with players across the value chain.

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Middle East And Africa Female Hygiene Products Market To Reach Worth USD 89.63 Mn By 2023: Credence Research

According to the latest report published by Credence Research, Inc. “MEA Female Hygiene Products Market (Product Type: Wash/Gels, Wipes and Moisturizers; Application: Protection, Whitening, Revitalizing and Moisturizing; Sales Channel: Departmental Stores, Supermarkets and Hypermarket, E-tailers and others): Market Growth, Future Prospects and Competitive Analysis, 2016-2023,” the Middle East and Africa female hygiene products market was valued at USD 57.2 Mn in 2015, and is expected to reach USD 89.63 Mn by 2023, expanding at a CAGR of 5.8% from 2016 to 2023.

Browse the full report Middle East and Africa Female Hygiene Products Market: Growth, Future Prospects and Competitive Analysis, 2016-2023 at http://www.credenceresearch.com/report/middle-east-and-africa-female-hygiene-products-market
 
Market Insights
Feminine hygiene refers to personal care products and regimen required by women to lead a healthy life. Feminine hygiene includes products for intimate hygiene regimen. Currently, the rising concerns for hygiene among women have caused an uptick in the demand for feminine hygiene products across the different countries in Middle East and Africa. The easy availability of these products is further contributing substantially towards the development of the feminine hygiene products market in Middle East and Africa. Earlier, due to inadequate knowledge and awareness, feminine issues were considered to be a taboo among social communities. However, the scenario and perceptions have changed significantly. Women have become more concerned about health concerns, particularly related to feminine hygiene. The changing lifestyle is creating a positive influence on the Middle East and Africa female hygiene products market. The rise in the number of working women is anticipated to augment the demand for feminine hygiene products in the coming years. The preferences for easy to use and convenient products are stimulating the demand for female hygiene products in Middle East and Africa. Furthermore, the market players are focusing on introducing new products in order to attract consumers and boost the sales figures.

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On the basis of products, the Middle East & Africa female hygiene products market has been segmented into wash/gels, wipes and moisturizers. Feminine wash, gels and rinse form the largest product segment in the feminine intimate wash market. Being the most widely used product type in the global market, it is expected that the same trend will be observed in the MEA market as well. The female hygiene products have several applications such as protection from infections, whitening and revitalizing and moisturizing. Protection was observed as the largest segment in 2015 accounted for the market share.  The key factors assisting the growth of market are increasing prevalence and awareness associated with causes of urinary infections and STDs, and medical practitioners are supporting the application of female hygiene products. On the basis of sales channel Middle East and Africa female hygiene products market has been segmented into departmental stores, supermarkets and hypermarkets, E-tailers and others. The supermarkets and hypermarkets held the largest share in the MEA female hygiene products market due availability of extensive product variants of feminine hygiene products in these stores. The variety in price points, private labels, product launches, broad product ranges, and discounts offered have increased the popularity of supermarkets and hypermarkets. Geographically, Saudi Arabia dominated the overall market and accounted for the largest market share in 2015. The key factors responsible for its market dominance are the supportive government measures take to develop awareness related to personal hygiene in women, and rising public awareness related to the risks related to urinary tract infection and STDs.
The major players operating in this market include Sanofi (Lactacyd), Bayer Group (Canesten), Nutraceutical (Emerita), Combe Incorporated.

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Monday, 25 June 2018

Sodium Benzoate Market To Reach US$ 155.26 Mn By 2023: Credence Research

According to a new market report published by Credence Research Inc., “Sodium Benzoate Market by Application Type (Food & Beverages, Pharmaceutical, Cosmetics and Others)”  - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023”, the worldwide sodium benzoate market was valued at US$ 122.94 Mn in 2015. In the same year, in terms of volume the market was 72.75 kilo tons.  

Browse the full report at http://www.credenceresearch.com/report/sodium-benzoate-market

Market Insights:
Sodium benzoate is extensively used as a preservative in various industries to improve product safety, maintain product quality and to extend product shelf-life. It is not recommended as a preservative at pH level more than 4.5. As a preservative, the effectiveness of sodium benzoate increases with the declining pH level. The global market for sodium benzoate is growing steadily owing to rise in demand for convenience foods and food products with longer shelf life. Moreover, rising use of synthetic preservatives on poultry and meat in Asia Pacific and Middle East and Africa regions is another factor contributing towards the market growth.

However, rise in concerns about the use of synthetic preservative especially in Europe and North America regions the market is declining and being replaced with natural preservatives. Improving standard of living, continuous urbanization, and rise in food safety concerns and convenience foods particularly in Asia Pacific and Middle East regions provides huge market opportunities for the sodium benzoate players.

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Competitive Insights:
The market is moderately competitive owing to presence of various large, small and medium scale firms. Players are adopting various strategies to maintain their market position. Merger and acquisition is the key strategy adopted by the market players.

Key Trends:
  • Asia Pacific and Middle East regions offers huge untapped market potential
  • Rising demand for convenience and ready to eat food and beverages
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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Global Ocular Surgery Devices Market to Reach Worth US$ 2,569.5 Mn by 2025: Credence Research

According to the latest report published by Credence Research, Inc. “Ocular Surgery Devices Market - Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global ocular surgery devices market was valued at US$ 1,473.3 Mn in 2016, and is expected to reach US$ 2,569.5 Mn by 2025, expanding at a CAGR of 7.2% from 2017 to 2025.

Browse the full report Ocular Surgery Devices Market - Growth, Future Prospects and Competitive Analysis, 2017-2025 report at http://www.credenceresearch.com/report/ocular-surgery-devices-market
 
Market Insights
Ocular surgery or eye surgery is a procedure to treat visual impairment caused by different factors such as cataract, glaucoma, refractive errors etc. This visual impairment, if not treated, can cause blindness. According to the WHO, an estimated of 253 million people across the globe have a visual impairment, among them 36 million people are blind. Uncorrected refractive errors and cataract are the leading causes of visual impairment. Ocular surgical procedures are performed on the eye or the area adjoining the eye depending on the disorder. Ocular surgery includes cataract surgery, laser eye surgery, eye muscle surgery, glaucoma surgery, corneal surgery, vitreoretinal surgery and oculoplastic surgery. These surgical procedures utilize different devices and equipment such as lasers, ophthalmic viscoelastic devices (OVD), intraocular lens (IOL), phacoemulsification equipment, and femtosecond laser equipment.

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Ocular surgery devices market is expanding due to advancement of products, new products innovation and application of different technologies to ocular surgical procedures. Other major drivers for ocular surgery devices market include increasing incidence of diabetes cases, increasing prevalence of cataract and glaucoma cases, smoking habits and early adoption of innovative techniques for ocular surgeries. Also, increase in healthcare expenditure and better reimbursement policies introduced to support patients contribute to the growth of the ocular surgery devices market. However, post-operative complications, lack of health care insurance, lack of skilled surgeons and general awareness among people about eye disorders, poor primary health care infrastructure and decrease in price of the devices are some of the restraints to the ocular surgery devices market. Post-operative complications comprise initial eye discomfort, dry eye, temporary or permanent increase in visually distracting floaters, sensitivity to light, posterior vitreous detachment (PVD), higher or lower intraocular pressure (IOP) and cornea rejections. These all parameters collectively affect the ocular surgery devices market. 
                                              
Based on devices used in the ocular surgical procedures, the global ocular surgery devices market is segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices and vitreoretinal surgery devices. High prevalence and diagnosis rate of cataract compared to other visual impairments is reason for its substantial market share in the ocular surgery devices market. Based on procedure, the global ocular surgery devices market is segmented into cataract surgery, glaucoma surgery, vitreoretinal surgery devices and other ocular surgeries. Other ocular surgeries is further segmented in laser eye surgery, eye muscle surgery, corneal surgery and oculoplastic surgery. These other ocular surgeries are associated with cornea, eye muscles and other structures present in vicinity of the eye such as the eyelids and lacrimal (tear) ducts. Based on the end user, global ocular surgery devices market is segmented into hospitals, clinics and others.

Geographically, the global ocular surgery devices market is studied for North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is the current global leader and it is expected that the region will continue to dominate the global market during the forecast period. North America is followed by Europe in ocular surgery devices market due to early adoption of innovative ocular surgery devices, growing aging population and increasing healthcare spending. Ocular surgery devices involve varied products ranging from an intraocular lens (IOL) to lasers. Several manufacturers compete in ocular surgery devices market and have different product portfolio. Some of the major players include A.R.C. Laser Gmbh, Accutome, Inc., Alcon, Inc., AqueSys, Inc., Bausch & Lomb, Inc., Carl Zeiss Meditech AG, Ellex Medical Lasers Ltd., Johnson & Johnson Vision Care Inc., Lumenis Ltd., Meridian AG, NIDEK Co., Ltd., Rhein Medical, Inc., STAAR Surgical Company and Ziemer Ophthalmic Systems AG.

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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Bluetooth Audio Transceivers Market Size, Share, Growth, Trends and Forecast To 2025: Credence Research

According to a new market research report published by Credence Research “Bluetooth Audio Transceivers Market (By Sales Channel: Retail Stores and Online Retail) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, Bluetooth audio transceivers are expected to witness enhanced demand on account of rising number of smartphone manufacturers getting rid of the 3.5mm audio jack.

The complete report is available at http://www.credenceresearch.com/report/bluetooth-audio-transceivers-market

Market Insights:
Recent releases of various flagship smartphones such as Apple’s iPhone 7 and Google’s Pixel 2, among others without the 3.5mm headphone jack have made numerous traditional wired headphones incompatible with these phones. Despite the availability of several types of wired connectors, end users have to face the inconvenience of using such additional cables to connect their existing headphones and headsets. Bluetooth audio transceivers have offered a viable solution for such users to continue making use of their existing audio devices while enjoying a wireless experience. In addition, factors such as affordability and availability of a wide range of products in the market make such adapters a convenient choice for numerous applications. End users can use Bluetooth audio transceivers to connect various multimedia players to any kind of wired audio device. In addition, with advancements such as Qualcomm Technologies International, Ltd.’s aptX technology, users have been able to enjoy wireless audio with extremely low latency which further enriches the overall experience. Thereby, the market for Bluetooth audio transceivers is expected to grow significantly in the following years owing to increasing adoption and product innovation.

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Competitive Insights:
The global Bluetooth audio transceivers market is fragmented in nature with numerous providers operating all across the world. Major manufacturers of Bluetooth audio transceivers have been working towards technological advancements and product development. One of the key technological trend identified in the market has been that the manufacturers have been working towards incorporating the Bluetooth 5 technology into the transceivers which would boost the range and speed of such transceivers. Some of the leading manufacturers of Bluetooth audio transceivers include Anker Technology Co. Limited, Avantree Technology Co., Ltd., BlueAnt Wireless Pty Ltd., Creative Technology Ltd., FiiO Electronics Technology Co., Ltd., Griffin Technology, LLC., Hama GmbH & Co KG, iJumbl, JEDirect Corp., MPOW Technology Co., Ltd., The BTunes and Wicked Audio, Inc.

Key Trends:
  • Increasing demand from smartphone users who wish to continue using their expensive and state-of-the-art wired headphones and headsets
  • Technological advancements such as aptX and Bluetooth 5 technology to drive product development
  • Integrated home entertainment systems to offer immense growth opportunities in the following years
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Thursday, 21 June 2018

Global Faux Finish Coatings Market Is Expected To Reach US$ 10,345.6 Mn By 2024: Credence Research

The latest market report published by Credence Research, Inc. “Faux Finish Coatings Market, By Type and Region – Growth, Future Prospects and Competitive Analysis, 2016 – 2024,” the global faux finish coatings market was valued at US$ 5,869.6 Mn in 2015, and is expected to each US$ 10,345.6 Mn by 2024, expanding at a CAGR of 6.5% from 2016 to 2024.

Browse the full Faux Finish Coatings Market – Growth, Future Prospects and Competitive Analysis, 2016 – 2024 report at http://www.credenceresearch.com/report/faux-finish-coatings-market

Market Insights
Faux coatings growth has been driven by new construction, particularly in emerging markets where commercial developments and housing ownership are showing strong growth. Furthermore, increased preference for home decorating boosted sales in number of markets, attributed by rising consumer awareness and expansion of retail networks. Thus, growth in housing developments, government initiatives to build new homes and commercial construction, is fueling the market growth.  Furthermore, New and innovative formulation and greater efficacy is helping the manufacturers to gain customer loyalty. Introduction of innovative solutions is expected to create true loyal customers. In order to fulfill the growing demand for efficient faux coatings, manufacturers are focusing on intensive research and development. This in turn has resulted in significant number of new product launches. The number of product launches in Europe has gone down, whereas the same has increased in North America and Asia.

The cost constraint has been a major restraint holding back the growth of the faux coatings market. Key factors affecting prices of faux finishes include cost intensive production process, high and volatile prices of key raw materials, and labor intensive production process.

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Competitive Insights
Commercialization of novel and innovative product designs is the major strategy adopted by the market players. For instance, in July 2015, Adicolor Inc. a Canada based company launched SPLENDIDA, a new elegant premium quality decorative paint enriched with attractive ultra-fine glitter that reflects light. Anvil Paints & Coatings, Inc. launched product variants to enhance its product portfolio with the focus to differentiate its products in the market to attain competitive advantage over its competitors. In July 2016, Benjamin Moore partnered with Microdesk to create a color suite application for Autodesk’s Revit.

Key Trends
  • Rising demand from business construction and housing developments
  • New product launches
  • Asia Pacific will drive demand
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Global Television (TV) Mount Market Set To Hit US$ 3.39 Bn By 2023 - Credence Research

According to a new market research report published by Credence Research “Television (TV) Mount Market (Product: Standard (Fixed), Articulating, Ceiling and Pole TV Mount) – Growth, Future Prospects and Competitive Analysis, 2016 – 2023”, the global TV mount market is estimated to reach US$ 3.39 Bn by 2023.


Market Insights
TV mount brackets are used to install television sets directly on the wall, ceiling or pole. These are typically manufactured using metallic material (preferably steel). The demand for TV mount is highly dependent over the overall flat television sales scenario worldwide. Subsequently, television market growth becomes the prime factor responsible for the demand/consumption of TV mount brackets. Steadily rising television industry worldwide is, thus, the most significant factor driving the TV mount market. Despite economic recession, the overall television market has witnessed significant growth across Asia Pacific, especially China and India. This has strongly supported the TV mount market growth in recent years.

With the rapidly growing adoption of advanced television sets such as UHD TV, smart LED TV and others, the overall TV mount market growth is projected to remain consistent in the coming years. Another major factor pushing the market growth is the availability of wide range of TV mount products in the market. Nevertheless, one of the major challenges for the TV mount market is to cope with the high level of fragmentation in the market globally.

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The TV mount market is broadly segmented on the basis of types into standard (fixed) TV mounts, articulating TV mounts, ceiling TV mounts and pole TV mounts. On the basis of geographic regions, the market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). As of 2015, the Asia Pacific region leads the overall TV mount market and is estimated to remain dominant throughout the forecast period.

Competitive Insights:
The overall TV mount market is highly fragmented in nature with large number of players across different regions. Companies across major regions are facing intensive competition from international as well as local TV mount manufacturers. Various business strategies are adopted by the manufactures to increase their sales and remain ahead in the market competition. Strategic acquisitions, technological development and innovation and expanding product portfolio are key strategies adopted extensively by TV mount manufacturers. Another crucial approach taken by the companies is to develop strategic alliances with global TV manufacturers for becoming their long term supplier. Further, the companies are also participating in electronic trade fairs and exhibitions worldwide to widen their customer reach and promote brand.

Key Trends:
  • Focus on automated TV mounts
  • Development of more aesthetic products
  • Enhancement of distribution network
  • Providing easy installation TV mount kits thereby supporting the DIY concept
  • Emphasis on online sales
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Global Fermented Beverages Market Is Expected To Reach US$ 1,061.05 Bn By 2023: Credence Research

The latest market report published by Credence Research, Inc. “Fermented Beverages Market, By Raw Material Type, Type and Region – Growth, Future Prospects and Competitive Analysis, 2016 – 2023,” the global fermented beverages market was valued at US$ 747.55 Bn in 2015, and is expected to reach US$ 1,061.05 Bn by 2023, expanding at a CAGR of 5.0% from 2016 to 2023.

Browse the full Fermented Beverages Market – Growth, Future Prospects and Competitive Analysis, 2016 – 2023 report at http://www.credenceresearch.com/report/fermented-beverages-market

Market Insights
The alcoholic fermented beverages market is growing due to increasing disposable incomes and changing lifestyles. With the rise in luxury living, the demand for quality beer and wine has also increased. However, now consumers prefers healthier alternative to strong alcohol drinks, such as alcoholic drinks with low alcohol content. Several breweries has already came up with innovative and new flavored beers such as chocolate, lemon and blueberry among various other flavors.
Non-alcoholic beverages, accounted for 0.92% share of the market in 2015 and projected to witness fastest growth over the next six years. The market for non-alcoholic fermented beverages is witnessing growth partly due to increased awareness about health benefits associated with it and mainly due to presence of large multinationals which are making non-alcoholic fermented beverages more accessible and visible for the consumer. Moreover, the launch of new products is stimulating the market growth. Rising demand for fortified food and beverages products is another factor propelling the market growth for non-alcoholic fermented beverages.

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Competitive Insights
The global fermented beverages market is highly fragmented due to presence numerous players in each segment. Moreover, none of the market players provides the entire product range. Merger, acquisitions and collaborations are the key strategies adopted by market players to enhance their market position.
Key Trends
  • Launches of new products are stimulating the market growth
  • Rising demand from emerging economies
  • Large multinationals are making non-alcoholic fermented beverages more accessible and visible for the consumer
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Global Vacuum Tube Lifter Market to Witness Steady Growth by 2022: Credence Research

According to a new market report published by Credence Research, Inc., “Vacuum Tube Lifter Market (By Application (Glass Lifting, Sheet and Plate Lifting, Concrete Lifting, and Manual Handling), By End-use (Construction and Heavy Equipment, Automotive and Transport, Chemical and Pharmaceuticals, and Industrial Manufacturing)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global vacuum tube lifter market is expected to expand at a compound annual growth rate of 4.5% during the forecast period 2015 – 2022.
Browse the full Vacuum Tube Lifter Market (By Application (Glass Lifting, Sheet and Plate Lifting, Concrete Lifting, and Manual Handling), By End-use (Construction and Heavy Equipment, Automotive and Transport, Chemical and Pharmaceuticals, and Industrial Manufacturing)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/vacuum-lifter-market
Product Insights
Industrial products need special attention and care during handling and transportation to prevent them from any surface damage arising due to scratching or rub marks. The metal sheets are processed and shaped in multiple ways such as machining, laser cutting, and stamping & bending among others. Using vacuum lifting technology, the cutting machines and load carriers can be manually or automatically loaded and unloaded, thereby making material flow and handling efficient and safe at workshops and manufacturing facilities. With the advent of technology, the demand for displays has witnessed tremendous growth in the recent years. Not only have the displays become larger, the display glass is also getting thinner and coating more sensitive. This is supporting the demand for vacuum lifting equipments’ that are not only capable of handling and lifting glass sheets safely, but also positioning/stacking them accurately at the requisite place. Similarly, vacuum lifting systems are also employed for horizontal removal of windscreen from the storage shelf and pivoting it with the lifting cylinder to properly fit the front windscreen in automotives. Thus, the global market for vacuum lifters is expected to witness steady growth during the forecast period 2015 – 2022 on account of growing industrial automation, resurgence in the construction sector post economic crisis, and stable growth in automotive production.
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 Vacuum Lifter MarketCompetitive Insights
The global vacuum tube lifter market is highly competitive and in the nascent stage of development. Some of the leading and promising manufacturers identified in the global vacuum lifting market include Schmalz GmbH,  GGR Group, Aardwolf Group, Wood’s Powr-Grip, Co. Inc., ANVER Corporation, Peter Hird and Sons Ltd., Kilner Vacuumation Co Ltd., Viavac, TAWI AB, and Vacuworx International among others. The global vacuum tube lifter market being competitive is characterized by stiff competition among several small and large players that compete to sustain their revenue share. In developed economies, a trend of small players combining operations with established players to leverage their resources can be seen.
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Drill Bits Market For Oil & Gas Industry By Product Type And Geography Is Expected To Reach US$ 8.2 Bn By 2023: Credence Research

According to a new market report published by Credence Research “Global Drill Bits Market– Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023,” the global drill bits market for oil & gas industry is expected to reach US$ 8.2 Bn by 2023, expanding at a CAGR of 6.1% over the forecast period 2016 to 2023.

Browse the full Global Drill Bits Market by Services and Geography – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/drill-bits-market-for-oil-and-gas-industry

Market Insights
Growing energy demand due to increase in number of automobiles due to rapid urbanization especially in emerging economies of Asia Pacific such as India and China are expected to drive the demand for fossil fuel which is influencing which oil producer to increase oil production, this in turn is expected to spur the growth of global drill bits market for oil & gas industry. Increase in exploration and production of sand formation coupled with new drilling techniques such as hydraulic fracturing or fracking is anticipated to impel the demand for polycrystalline diamond bits (PCD). Oil & gas industry has witnessed a shift in exploration and production operations form conventional to non-conventional oil & gas exploration. Growing production of shale gas since 2010 coupled with increasing ultra-deepwater drilling activities in U.S. Gulf of Mexico is expected to drive the demand for drill bits market over the forecast period (2016-2023). Moreover, increasing rig count for offshore drilling also anticipated to fuel the demand for drill bits over the forecast period. However, decline in oil prices in recent past has adversely affected the profit margin of oil producers. Thus, oil producers are concentrating on improving oil production with the use of technologies. Leading drill bits manufacturers are providing drill bits endowed with technology that offers better rate of penetration at low cost, making drilling operations more efficient. Moreover, increasing offshore drilling activities coupled with increasing production of shale gas is expected to augment the growth of drill bits market over the forecast period 2016-2023.
Drill Bits Market For Oil & Gas Industry
Competitive Insights:
Global drill bits market is segmented type into roller cone bits and fixed cutter bits on the basis of product. Roller cone bits segment is further sub-segmented as milled-tooth bits and tungsten carbide inserts (insert bits). Among roller cone bit segment, the tungsten carbide inserts segment is anticipated to be the largest segment due to low cost and adaptability for the soft formations. The segment is expected to continue its dominance over the forecast period.

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Fixed cutter bit segment is further sub-segmented into natural diamond bits and Polycrystalline diamond bits (PDC). In 2013, Polycrystalline diamond bits (PDC) was the most dominant segment and expected to continue its dominance till 2023. The segment is expected to register significant growth over the forecast period due to growing ultra-deep water drilling activities in U.S. Gulf of Mexico and other parts of the globe.
Leading players in the global drill bits market are involved in constantly innovating newly designed drill bits empowered with technology to increase their market share. For instance, Schlumberger Limited offer drill bits Axe Blade Ridged Diamond Element Bit, Sting Blade Conical Diamond Element, etc. Therefore, the global drill bits market is projected to register robust CAGR over the forecast period (2016-2023).

Key Trends:
  • Merger & Acquisition
  • Development of newly designed drill bits
  • High investment on research and development
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Global Orthopedic Oncology Treatment Market To Reach Worth USD 1.12 Bn By 2022: Credence Research

According to the latest report published by Credence Research, Inc. “Orthopedic Oncology Treatment Market (Treatment Type: Soft Tissue Excisions/Resections, Limb Salvage Surgery, Amputations, Adjuvant Chemotherapy, Reconstructive Surgery): Growth, Future Prospects and Competitive Analysis, 2016-2022,” the orthopedic oncology treatment market was valued at USD 1.02 Bn in 2015, and is expected to reach USD 1.12 Mn by 2023, expanding at a CAGR of 1.2% from 2016 to 2023.
Browse the full report Orthopedic Oncology Treatment: Market Growth, Future Prospects and Competitive Analysis, 2016-2023 at http://www.credenceresearch.com/report/orthopedic-oncology-treatment-market
Market Insights
While the management of musculoskeletal sarcoma remains one of the most significant challenges in oncology, there have been prominent improvements in the past decades. Improvement in surgical systems, nature of implants, imaging modalities, adjuvant chemotherapy have improved the treatment output to such an extent that currently 2/3rds of musculoskeletal carcinoma patients are anticipated to be long-term disease survivors and several will successfully benefit from limb salvage procedures. the field of orthopedic oncology continues to be invigorated by exhilarating research and developments that has enhanced the level of treatment and care of patients with various bone and soft-tissue tumors. Currently, most patients with primary bone sarcomas are offered limb salvage surgery without increasing the risk of survival at the sarcoma centers. Moreover, the advances in the imaging technique and surgical techniques have further improved the treatment of patients with bone and soft-tissue malignancies. Orthopedic oncologists continue to join forces with other sub-specialists to integrate advances in surgical techniques. This is especially true for the development of implants and image guided surgery.
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The global orthopedic oncology treatment market on type of procedures has been segmented into soft tissue excisions/resections, limb salvage surgery, amputation, adjuvant chemotherapy and reconstructive surgery. The reconstructive surgery is further sub-segmented into hip & joint replacement and bone grafts. The reconstructive surgery has the largest share in the global orthopedic oncology treatment market. The bone grafting techniques is anticipated to grow at the highest rate during the forecast period owing to the advances in the field of prosthesis and endoprosthesis. In the base 2015, Asia Pacific was observed as the largest market for orthopedic oncology market. Large disease prevalence along with the growing healthcare ecosystem in the region has assisted the growth of the orthopedic oncology market in Asia-Pacific. Moreover, growth in the medical tourism in the region in the last decade has further fueled the market for orthopedic oncology treatment market in Asia-Pacific.
The major players operating in this market include Stryker Corporation, DePuy Synthes, Zimmer Biomet, Sanofi, Roche Holdings and others.
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Global Isostearic Acid Market Is Expected To Reach Over US$ 539 Mn By 2023: Credence Research

According to a new market report published by Credence Research “Global Isostearic Acid Market Growth, Future Prospects and Competitive Analysis, 2016 – 2023,” the isostearic acid market is expected to reach over US$ 539 Mn by 2023, expanding at a CAGR of 7.1% from 2016 to 2023.

Browse the full Isostearic Acid Market for Personal Care, Chemical Esters, Lubricant & Greases and others Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2023 report at http://www.credenceresearch.com/report/isostearic-acid-market

Market Insights
Global isostearic acid market revenue is expected to grow at significant rate of 7.1% over the forecast period 2016-2023. Growing demand for lubricants and greases due to increasing automotive and industrial activities is expected to drive the growth of isostearic acid market over the forecast period. According to industry experts, lubricants and greases is expected to remain the key driver for isostearic acid market coupled with increasing demand for personal care owing to growing per capita consumption and increasing export of cosmetic products especially in region such as Europe which is anticipated to fuel the growth of isostearic acid market. Growing demand for isostearic acid due to growing food and chemical industry is expected to fuel the demand for chemical esters segment over the forecast period. In 2015, Europe was observed as the largest and Asia pacific was the fastest growing market for isostearic acid with XX% and XX% market share by value respectively. Due increasing personal care and cosmetics industry exports from China, Japan and South Korea; over past few years isostearic acid is gaining popularity in personal care application in Asian countries. The market for isostearic acid in Latin America and Middle East & Africa is likely to grow considerably during the forecast period owing to increase in utilization of isostearic acid in lubricants and Greases.

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Competitive Insights:
Croda International plc (United Kingdom), Arizona Chemicals (United States), Oleon NV (Belgium), Nissan Chemical Industries, Ltd. (Japan), Emery Oleochemicals (Malaysia) and Jarchem Industries, Inc. (United States) are key manufacturers in isostearic acid market. Manufacturers are expanding their plant capacities to match the growing demand of Isostearic Acid. Three fourth of the market share is enjoyed by the top two isostearic acid manufacturing groups.
Key Trends:
  • Growing demand from lubricants and greases
  • Growing array of applications in personal care industry
  • Increasing exports of personal care products from Asia pacific
  • Growing demand from food and chemical industry
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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