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Natural Gas Compressors, Natural Gas Engines, Gas Turbines, Centrifugal Gas Compressors Market in Asia, Middle East and Africa expected to reach US$ 18,575.1 Mn

Posted on Jul 31, 2015

Kazakhstan was the largest revenue contributor in 2013, and was valued at US$ 27.7 Mn. Increasing number of natural gas vehicles in Kazakhstan is fostering the market growth of natural gas engines. The growth is further propelled by growth in the gas industry which uses natural gas fired reciprocating engines at pipeline compressor and storage stations and at gas processing plants. The market for gas turbines was valued at 6,658.0 Mn in 2013 and is expected to grow with a CAGR of 8.9% during the forecast period: 2015-2022.The growth is mainly driven by its deployment at increasing number of peaking power plants, co-generation plants and combined cycle plants. Algeria was one of the largest contributor to the market revenue for gas turbines in Asia and MEA. 

Automotive Steering Systems Market is expected to reach USD 39.13 Billion in 2021

Posted on Jul 31, 2015

Exponential growth of the automobile sector in the recent years has positively supported the growth of the automotive steering systems market globally. Moreover, the added fuel efficiency derived from using Electronic Power Steering and Electro-Hydraulic Power Steering systems in vehicles have mainly aided to the growth of advanced steering systems globally. 

Virtual Reality in Gaming Market to Expand at 39.2% CAGR from 2013 to 2019 thanks to Rising Disposable Incomes of Users

Posted on Jul 31, 2015

According to this report, the market for virtual reality in gaming is fuelled by numerous factors such as continuous advancements in gaming technologies, namely 3D effects, motion tracking, and user interactive graphics. The increase in disposable income is also a key factor augmenting the market, as with rising disposable incomes, individuals are inclined towards new innovative reality games and entertainment solutions to entertain themselves. However, the soaring costs of these entertainment sources are amongst the major factors impeding the growth of the market. Nonetheless, cost-effective devices with gesture control and economical sensors for motion tracking are projected to be introduced in the market in the near future, which will stimulate the growth of this market.

Surging Global Food Production Needs to Drive Micronutrients Market at 8.2% CAGR till 2020

Posted on Jul 31, 2015

The report states that high demand for uniform and standard-quality crop yield for an increasing global population and depleting cultivable land are the major factors driving the micronutrients market. Meeting the surging demand for high crop yield to fulfill the rising need for food globally is one of the major challenges of the agricultural industry. To overcome such challenges and to replenish micronutrient content in arable land, micronutrient supplements are added to the soil to alleviate soil deficiencies and enhance crop quality. Soil across various regions can be deficient in a variety of micronutrients such as zinc, iron, and boron, among others, which is driving demand for micronutrients for agriculture.

Microencapsulation Market in Asia Pacific to Grow at 10.5% CAGR through 2020 owing to Surging Demand from End-use Industries

Posted on Jul 31, 2015

On the basis of application, the microencapsulation market is categorized into household products, pharmaceuticals, food additives, agrochemicals, and others such as commodity and specialty chemicals for industries. Accounting for more than 65% of the microencapsulation market in 2013, pharmaceuticals formed the largest application segment. Microencapsulation in the pharmaceuticals industry allows for targeted drug delivery and release, sustained and controlled release of active ingredients, and masking of chemicals odors. Microencapsulated dietary supplements, nutrients, food enzymes, preservatives, and prebiotics help improve the texture, taste, shelf life, and nutrient content of food products.

Social, Economic Benefits of Micro Irrigation Systems to help Global Market reach US$8.13 Mn by 2020

Posted on Jul 31, 2015

Factors such as government initiatives, economic and social advantages of micro irrigation systems, and rising adoption in emerging countries have also contributed to the growth of the global market. However, lack of expertise and high cost of managing micro irrigation systems is likely to curb the development of the market to an extent. Micro irrigation systems, by type, can be bifurcated into drip irrigation systems and sprinkler irrigation systems. Sprinkler irrigation systems are further segmented into center pivot sprinklers, traditional sprinklers, and lateral move sprinklers. Traditional sprinklers dominated the micro irrigation systems market in 2013 in terms of revenue. This segment was driven by the advantages they present such as easy portability, low initial costs, larger coverage area, and higher water efficiency.

Ophthalmic Drugs Market Expected to Reach US$21.6 Billion by 2018

Posted on Jul 31, 2015

It also determines the key drivers as well as major restraints of this market.According to the report, the rising prevalence of eye disorders across the world is the main driving force behind the development of this market. Apart from this, increase in the global geriatric population is also propelling the market, as with increasing age, the eyesight starts to diminish in human beings. However, the lack of awareness about various eye-related disorders and dearth of innovative ophthalmic drugs are hampering the global market. In addition to this, patents of many blockbuster drugs are on the verge of expiration, which is expected to make things worse for the market during the forecast period.rescription drugs and over the counter (OTC) drugs are the two main types of ophthalmic drugs available in the global market.Based on treatment.

Digital Forensics Market is expected to reach USD 4.97 billion in 2021

Posted on Jul 30, 2015

Due to rapid advancements in forensic technology, such as the ability to recover complex data from electronic devices, fingerprint recovery from metals, and Deoxyribonucleic acid (DNA) profiling, decreasing price over period of time, which in turn has increased the affordability of forensic applications along with their market penetration across the globe. In addition, growth in sectors such as law enforcement, banking, information technology, and defense, among others, has been the key driving factor for the market growth during the forecast period from 2015 to 2021.Law enforcement agencies and stakeholders have been using digital forensic tools to reduce crime rates and support investigations in courts of law Moreover, with rapid technological developments.

Wood Pellets Market is Projected to Reach USD 20,073.1 Million by 2023

Posted on Jul 30, 2015

Wood pellets production has increased substantially in the past few years, owing to the stringent emission norms in Europe and North America. High energy density and easy availability are some of the advantages of wood pellets that facilitate their international trade. Efforts to increase the use of renewable technologies for both heat and power generation are expected to provide a major boost to the wood pellets market. 

Turbine Inlet Cooling Systems Market is expected to reach USD 1,787.0 million by 2022 growing at a CAGR of 6.4% from 2014 to 2022

Posted on Jul 30, 2015

Increasing incidents of power shortages due to the drop in turbine efficiencies, especially during the summer season, compel power companies to install turbine inlet cooling systems. The number of inlet fogging systems are further expected to grow on account of increasing adoption of gas-fired power plants globally in the near future. As the number of gas-fired power plants increases, the demand for gas turbine and hence the gas turbine inlet cooling systems would increase. 

Drugs of Abuse Testing Market to Exhibit Moderate 4.8% CAGR, Favorable Government Initiatives to Steer Global Market

Posted on Jul 30, 2015

However, the society is yet to discard the stigma associated with the testing of illicit drugs, which is why the drugs of abuse testing market is encountering numerous obstacles. Complications associated with legalization of various drugs, cost concerns, and economic volatility are other factors which could emerge as potential threats to the market. Among the key geographical segments of the global drugs of abuse testing market, North America has demonstrated impressive growth in the adoption of drugs of abuse testing. The presence of the U.S. in North America has got the region the title of the fastest growing drugs of abuse testing market. Other leading markets for drugs of abuse testing are Germany, Japan, the U.K., and other European economies.

U.S. Shoe Deodorizer Market to Reach US$319.9 million by 2020

Posted on Jul 30, 2015

In North America, the U.S represents the largest market for shoe deodorizers, due to a large pool of individuals suffering from diabetes and hyperthyroidism – conditions that cause excessive perspiration. According to the American Diabetes Association, almost 8.3% of the population in America had diabetes in 2013. In the same year, according to the American Thyroid Association, almost 20 million people suffered from hyperthyroidism. People suffering from these conditions form the major target group of the U.S. shoe deodorizer market.Additionally, athlete foot is one of the major feet conditions among individuals in the U.S. Owing to the need to inhibit the growth of microorganisms and to subside foot odor, the shoe deodorizer market will exhibit steady growth in the next few years.

Medical Polymers Market to Reach US$17.13 Billion by 2020 owing to Growing Consumer Awareness

Posted on Jul 30, 2015

Growth in global population, rise in consumer awareness regarding general well-being and advancements in polymer science have been some of the key factors driving the medical polymers market over the past few years. Increasing substitution of traditional materials such as metals and glass with plastics in applications such as medical devices and equipment has significantly boosted the medical polymers market over the past few years.

Kaolin and Metakaolin Market: Asia Pacific to Dominate Market owing to Rising Construction Activities in the Region

Posted on Jul 30, 2015

As per the report, the global kaolin market, which stood at US$4.06 billion in 2012, is anticipated to reach a value of US$5.34 billion by 2019. If the figures hold true, the market is poised to register a 4.0% CAGR between 2013 and 2019. Based on volume, the global kaolin market had a capacity of 34,398.9 kilo tons in 2012. Meanwhile, the global metakaolin market, which was valued at US$91.8 million in 2012, is exhibiting a CAGR of 4.4% and is expected to reach US$124.2 million by the end of 2019. The demand for sanitary ware and ceramic tiles has increased visibly around the world, which in turn will boost the demand for kaolin in the global market during the forecast period. The growth opportunities for the global metakaolin market will be fuelled by the surging demand for cement and concrete for architectural structures, building foundations, and pavements.

Flourishing Food and Beverages Industry in Asia Pacific to Drive Global Flexographic Printing Inks Market

Posted on Jul 30, 2015

The report states that the market will grow at a positive but modest pace in the forecast period, between 2014 and 2020. The market, which had a net value of US$6.41 billion in 2013, is expected to be worth US$9.32 billion by 2020, growing at a 5.5% CAGR over the period.Flexographic printing is one of most extensively used methods of conventional printing. It is used for printing on a variety of flexible materials such as plastic bags, papers, folding cartons, disposable cups, labels, tags, corrugated boxes, and milk cartons.The report broadly segments the global flexographic printing inks market on the basis of three factors: product types, applications, and key regional markets. Various products types studied in the report include water-based, UV-cured, and solvent-based inks. Based on key application areas of the market.

Asia Pacific to Remain Dominant in Global Membrane Technology Market, APAC Market to Grow at 13% CAGR

Posted on Jul 30, 2015

Owing to the rapid surge in research and development activities in the pharmaceutical, biopharma, and life sciences industries, the global membrane technology market has undergone significant growth in the past few years. As a result, there has been a rise in pharmaceutical production in many regions around the world. Today, membrane technology finds application in cell culturing and examination, virus removal, lab-scale DNA, drug screening, and protein separation and analysis.   Adoption of the single-use disposable technique for biopharmaceutical applications, enforcement of strict regulations in the pharma industry, and focus on product innovation and product modification have grown in recent times. Such factors have boosted the global membrane technology market for pharmaceutical, biopharma, and life sciences in major regions of the world. 

Electric Vehicles Market to Rise at 19.2% CAGR from 2013 to 2019

Posted on Jul 29, 2015

On the other hand, electrical vehicles can be driven short distances only, as they require to be charged very often, which is severely affecting the market for electrical vehicles in the global arena. In addition to this, their high purchasing costs also hamper the growth of this market.Electric cars, electric buses, electric motorcycles and scooters, and other electric automobiles are described as the key product segments of the global electric vehicles market in this report. In 2012, electric cars generated the highest revenue in the overall electric vehicles product market. The electric cars market is expected to maintain its dominance over the forecast period in terms of revenue.In terms of revenue, the market for other electric vehicles such as electric bicycles and trucks stood at the second position in 2012.

Food Additives Market is expected to reach USD 39.85 billion by 2021

Posted on Jul 29, 2015

Among the different regions, RoW and Asia Pacific market have the similar growth rate and are estimated to grow at the CAGR of 4.2% over the forecast period. In terms of revenue, Europe held the largest market size of USD 9.45 billion in 2014. However, it is expected that Asia Pacific is expected to acquire the largest market for the food additives by 2021.

Expanded Perlite Market is Anticipated to Reach US$ 1,258.6 Mn in 2023

Posted on Jul 29, 2015

The global expanded perlite market is likely to be driven by rising demand for construction products, horticultural aggregates, and filtration & process aid applications. Demand for construction products and horticultural aggregates is estimated to increase considerably during the forecast period due to rapid expansion of construction and horticulture industries globally. 

Catalyst Regeneration Market to Reach US$4,549.1 million in 2019 due to Increased Market Opportunities in Asia Pacific

Posted on Jul 29, 2015

Every year, the petroleum refining industry invests significantly to replace deactivated catalysts. Potential liabilities associated with disposing and treating spent catalysts are also major concerns faced by the industry. Therefore, the oil and gas industry is considering introducing advanced processes to increase the lifespan of catalysts and to meet increasingly stringent disposal and environment regulations. The increasing demand for regenerated catalysts across emerging economies, stringent environment regulations, and high cost of fresh catalysts are the key factors driving the global catalyst regeneration market. The market is expected to register moderate growth, however, due to harmful gas emissions during onsite regeneration process.

Black Color Dyestuff Market to Expand at 8% CAGR between 2014 and 2020

Posted on Jul 29, 2015

The global apparel industry emerged as the biggest consumer of the black color dyestuff for textile fibers, accounting for 53% of the overall demand in 2013. Other end-use industries such as agricultural textiles, automotive textiles, and protective clothing are also registering significant growth on account of rising demand for black color dyestuff for textile fibers.The markets for automotive and agricultural textiles are experiencing a surge in the demand for black color dyestuff for textile fibers from technical textiles, which is expected to propel the market to a great extent. Other than this, the growing demand for polyester fibers and other technical textiles from the home textiles and apparel industries are projected to drive the demand for black color dyestuff over the forecast period.

Concrete Floor Coatings Market Growing at 6.8% CAGR due to High Demand for Coating Materials in Construction Applications

Posted on Jul 29, 2015

The publication also reveals that the total volume of the demand registered from the market was 346.3 kilo tons in 2013.Concrete floor coatings help protect concrete floors in various construction applications. They are widely used in building and construction areas to mitigate the effects of thermal shocks, abrasion, and chemical attacks. These coatings exhibit high resistance against heat and wear and tear. The market for concrete floor coatings is rising rapidly because consumers around the world are growing attentive to the benefits of concrete coatings. The extensive use of concrete floor coatings along with the expansion of the construction industry globally is playing a major role in amplifying the demand for concrete floor coatings. 

Developing Oil and Gas Industries in Asia Pacific to Propel Global Flame Resistant Fabric Market

Posted on Jul 29, 2015

The high risk of fire accidents in day-to-day activities in these fields raises concerns for the safety of workers and calls for strict regulations by government bodies. Firefighting services, along with industrial wear, is another important end-use segment of the global flame resistant fabrics market. However, the market is restrained to some extent due to factors such as high cost and a general lack of awareness about these products. The report broadly categorizes the global flame resistant fabrics market on the basis of key applications and key regional markets.Key application areas of the market studied in the report include industrial protective clothing, transport, firefighting services and law enforcement, and other nominal applications such as home furnishings. 

Europe Baby Drinks Market is Expected to Reach USD 20,402.9 million in 2021

Posted on Jul 28, 2015

Changing lifestyle supported by increasing number of working women is the major factor driving the baby drink market in Europe. Sweden experienced the fastest growth rate, followed by Italy and Germany in Europe baby drinks market. Infant formula experienced higher demand as compared to baby juice due to several factors which includes easy making procedure of infant formula, well acceptance as breast milk complement and high nutritional value, which makes infant formula an ideal choice of parents for their babies. Moreover, the distribution channel of baby juice is not well established as compared to infant formula and this acts as a restraining factor for baby juice market.

Paraformaldehyde Market expected to reach US$ 791.9 Mn in 2023

Posted on Jul 28, 2015

The paraformaldehyde market has been driven by growing demand from resin manufacturers. Resins and agrochemical applications together accounted for over 80% of the global paraformaldehyde demand in 2014. Manufacturers prefer paraformaldehyde to formaldehyde when low water content is desired. Moreover, paraformaldehyde provides better reaction control and improved productivity. Demand for herbicides has increased significantly since the introduction of genetically modified (GM) crops. Glyphosate, the largest selling herbicide in the world, is one of the major drivers of demand for paraformaldehyde. Paraformaldehyde is also used in the production of acetochlor, butachlor, machete, and bismerthiazol.

Cardiopulmonary Stress Testing Systems Market Expected to Reach USD 6.67 Billion in 2023

Posted on Jul 28, 2015

The global cardiopulmonary stress testing systems (CPST) market is primarily driven by the increasing geriatric population and rising prevalence of coronary artery diseases such as acute myocardial infarction and angina pectoris. The primary goal of cardiac stress testing is to identify the risk stratification of coronary artery disease (CAD), which is one of the most common causes of deaths globally. 

Superconducting Materials Market to Reach US$1,298.4 Million by 2020, Driven by Surging Demand from Healthcare

Posted on Jul 28, 2015

As per the findings of this research report, rising demand for MRIs in the healthcare sector and surging demand for electric motors are the key market drivers for the global superconducting materials market. The rising popularity of superconducting materials can be attributed to their ability to carry electricity without any energy loss. This TMR research report segments the global superconducting materials market on the basis of product, application, and geography. There are two types of superconducting materials, namely low temperature and high temperature. In 2013, the low temperature superconducting materials segment held the highest share in the overall market. However, owing to extensive R&D, the segment of high temperature superconducting materials will expand robustly in the forthcoming years.

Membrane Separation Market: Environmental Regulations to Drive the Market at 10.8% CAGR during 2013-2019

Posted on Jul 28, 2015

The market was valued at US$19.0 billion in 2012.Membrane separation technology is extensively used for water and wastewater treatment. Degradation of water quality across the globe has adversely impacted the social and economic landscape of several nations around the world, especially the developing ones. The United Nations’ World Water Development Report 2012 revealed that around 3.5 million deaths occur each year owing to inadequate water supply. Membrane separation techniques are employed to process groundwater, surface water, and wastewater, demineralize boiler feed water, and desalinate seawater. The report points out that the implementation of various environmental norms and regulations has significantly increased the demand for membrane separation processes across various industrial sectors.

Aerial Imaging Market to Expand at 13.4% CAGR between 2014 and 2020 owing to Developing Drone Technology

Posted on Jul 28, 2015

On the basis of application, the aerial imaging market is segmented into natural resources management, geospatial technology, disaster response management, construction and development, conservation and research, defense and intelligence, and media and entertainment. Amongst these, the defense and intelligence segment was the largest segment in the global aerial imaging market owing to the increasing adoption rate in the government sector, rise in awareness among end users, and development of high-resolution aerial imagery from numerous suppliers.On the basis of end users, the aerial imaging market is segmented into commercial enterprises, government, military, civil engineering, energy, forestry and agriculture, and insurance. 

Ambulance Services Market to Grow at 8.3% CAGR, Propelled by Rising Incidence of Accidents

Posted on Jul 28, 2015

According to this market research report, rising geriatric population, favorable reimbursement policies, rising incidence of accidents, and increasing prevalence of diseases such as cancer and diabetes are a few of the factors that stimulate the global ambulance services market. The introduction of new ambulances also plays a significant role in determining demand from this market. It is expected that the entry of new ambulance service providers, a favorable and organized reimbursement scenario, and greater home healthcare will propel the demand for ambulance services in the years to come.This TMR report segments the global ambulance services market on the basis of mode of transport, equipment, type of emergency, and geography.
 
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