Nitrogen Trifluoride (NF3) & Fluorine Gas (F2) Market Analysis, Market Size, Share, Regional Outlook, Growth,Trends, Competitive Scenario And Segment Forecasts, 2012 To 2020

Industry Insights

Nitrogen Trifluoride (NF3) market is expected to reach over USD 1.20 billion by 2020 owing to growing demand in electrical & electronics applications. NF3 is used as a cleansing agent for silicon wafers in solar energy appliances and semiconductors which are expected to drive demand over the forecast period.

NF3 is considered a better cleansing agent in comparison to other agents such as perfluorocarbons, sulfur hexafluoride and hexafluroethane due to environmental effectiveness and eco-friendly properties. The Kyoto Protocol has listed NF3 as the second most global warming potential gas after SF6 and included it in the list for second commitment period after 2012.

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The acceptance of Kyoto Protocol by the U.S. and European nations is expected to be a major restraint for NF3 market growth over the forecast period. Major restraints for F2 market is high reactivity making it toxic for human beings in case of prolonged or direct exposure.

Application Insights

NF3 is mainly used in manufacturing of flat panel displays, semiconductor chips and solar cells. With increasing environmental concern and lucrative policies implemented by government for installation of solar power units, there is a drastic increase in solar panel demand. NF3 demand is expected to rise over the forecast period due to application in solar cells. NF3 is used in flat panel display and is expected to be the fastest growing application with a CAGR of about 13% from 2014 to 2020. With increasing demand of flat panel display due to less power consumption and compact size, the demand for NF3 is expected to rise over the forecast period.

The largest application segment of NF3 market was semiconductor chip which accounted for above 45% of total demand in 2013. It is used in semiconductor industry to clean manufacturing chambers of silicon chips. NF3 is utilized in cleaning of PECVD (Plasma Enhanced Chemical Vapor Deposition) chambers for manufacturing of laptop screens, mobile phones, camcorder, digital camera, point and shoot camera. Additionally, NF3 market application includes cleaning of silicon wafers for thin film photovoltaic cells or thin film solar cells production.

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F2 market demand is mainly driven by utility as an electronic cleansing agent and is expected to rise at a CAGR of above 13% over the forecast period. With increasing utility and electronics application there is a growing demand around the world, with increase in number of products cleaning agent demand has increased which in turn has augmented F2 market. F2 is used to produce sulfur hexafluoride (SF6) which is generally used in electronic application as a dielectric medium. The other application of SF6 includes contrast agent for ultrasound imaging, casing medium for magnesium production and tracer compound.

Regional Insights

Asia Pacific was the largest NF3 and F2 market with a demand of about 43% and 45% respectively. NF3 being utilized in electrical and electronic industry has fueled demand in the region. Countries such as South Korea, Japan and China are expected to boost NF3 demand with growing semiconductor industry. F2 is utilized in uranium enrichment in nuclear power plant. With growing power demand in China and India due to rapid industrialization and increasing population nuclear power plant is emerging as a power source owing to long term benefits. There is a steady growth for NF3 and F2 market both in North America and Europe due to stringent rules and regulation by the governments.

Table of Contents

Chapter 1 Executive Summary

1.1 NF3 and F2 – Industry Summary & Critical Success Factors (CSFs)

Chapter 2 NF3 and F2 Industry Outlook

2.1 Market Segmentation

2.2 Market Size and Growth Prospects

2.3 NF3 and F2 Value Chain Analysis

2.4 NF3 and F2 Market Dynamics

2.5 Key Opportunities Prioritized

2.6 Industry Analysis - Porter's

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Chapter 3 NF3 Application Outlook

3.1 Semiconductor Chips

3.2 Flat Panel Display

3.3 Solar Cells

Chapter 4 F2 Application Outlook

4.1 Uranium Enrichment

4.2 Sulfur Hexafluoride

4.3 Electronic Cleaning

Chapter 5 NF3 Regional Outlook

5.1 North America

5.2 Europe

5.3 Asia Pacific

5.4 RoW

Chapter 6 F2 Regional Outlook

6.1 North America

6.2 Europe

6.3 Asia Pacific

6.4 RoW

Chapter 7 Competitive landscape

7.1 Mitsui Chemicals

7.2 OCI Materials

7.3 Foosung Co

7.4 Hyosung Corp

7.5 Linde AG

7.6 Navin Fluorine International

Chapter 8 Methodology & Scope

8.1 Research Methodology

8.2 Research Scope & Assumptions

8.3 List of Data Source

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Natural Food Colors Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Natural food colors are popular food additives and derived from minerals, vegetables or animals. They are usually extracted from seeds, leaves, fruits, algae, insects, etc. Natural food colors make food products visually attractive and may also enhance their taste. They are often used to restore colors that are lost on account of moisture factors and temperature changes during processing.

Natural food colors are also utilized to standardize the appearance of foods, beverages and drugs. They are generally stored in a cool place in tightly-sealed containers. This preserves their strength, quality and cooling point. Light, heat and particular food recipe ingredients are the necessary factors considered for making the required natural food colors.

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Market Growth Drivers 

The worldwide natural food colors market was valued at USD 1,100 millions in 2014. It is expected to grow at a CAGR of over 6% by 2020. The share of natural food colors in the food colors market is estimated to be close to 60% in 2020.

Clean-label food products are minimally processed, have a simplified listing of ingredients and are free from additives. Rising focus on consuming clean-label products is fuelling the demand for the natural food colors market. These food colors reduce the amount of fat in food. This is bound to attract the younger population which is conscious of a healthy lifestyle.

Synthetic food colors pose significant risks with regards to health and environment. The link between the consumption of synthetic food colors and high migraine, allergy and even cancer cases in children has resulted in their ban. This ban has been imposed by leading authorities such as UK Food Standards Agency and European Union.

Moreover, the chemicals used for manufacturing synthetic food colors have harmful effects on the environment. Growing awareness of these ill-effects is triggering further development of the market. The widening utilization of natural food colors in end-use applications, like crayons, infant toys, organic textile printing, handmade paper, etc. would also accelerate the sales of the market.

The growing consumption of processed and instant food is adding income to the food colors industry, consequently favoring the natural food colors market.    

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Market Challenges 

Natural food colors are harder to make in comparison to synthetic ones. Colors imparted by natural additives often lack intensity. They are also greatly unstable and can easily fade due to pH level changes, surrounding temperatures, light amount, etc.

Natural food colors raw materials are also more expensive than their synthetic counterparts. All these factors may inhibit the global market from expanding further.

Market Segmentation 

Products

The leading products of the natural food colors market are curcumin; anthocyanin; carotenoids; paprika extract; chlorophyll; and spirulina. Carotenoids, with a valuation of USD 360 million in 2014, were the leader of the products natural food colors market.

Anthocyanin stood second. It is used to impart red, pink, purple and blue colors to some beverages and foods with low pH. Spirulina is anticipated to register exponential growth from 2015 to 2020.

Applications

The main application segments are packaged foods; beverages; dairy products; confectionary & bakery; and others. The segment of others comprises functional foods; frozen foods; pet foods; and condiments & dressings. Beverages, with revenue of around USD 230 million, accounted for nearly 21% of the natural food colors market in 2013.

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Geographies

North America; Western Europe; and Asia Pacific excluding Japan (APEJ) together accounted for more than three/fourth of the natural food colors market in 2014. Western Europe was the dominant region that year and expected to sustain its leadership till 2020.

APEJ is likely to emerge as a lucrative natural food colors market in the near future. The region offers several advantages, like favorable regulatory frameworks and cheap labor. Manufacturers are also striving to tap the under-penetrated regions of the Middle East, Eastern Europe and Africa.

Competitive Profile 

The dominating manufacturers in the natural food colors market include Symrise AG; BASF SE; Givaudan Group; International Flavors & Fragrances Inc.; Chr. Hansen; Firmenich SA; Sensient Technologies; etc. These players are engaged in understanding consumer tastes and developing appropriate products.

Table of Contents

* Executive Summary & Digital Transformation industry critical success factors

* Industry Outlook

* Industry Dynamics

* Digital Transformation Market drivers

* Digital Transformation Market restraints

* Digital Transformation Key Market Opportunities

* Digital Transformation Porters Analysis

* Digital Transformation - PESTEL Analysis

* Digital Transformation - Company Market Share Analysis

* Digital Transformation Application Outlook

* Digital Transformation Regional Outlook

* Digital Transformation Company profiles

* Research Methodology

* Research scope & assumptions

* List of data sources

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Phone: +1-800-489-3075

Email: sales@hexaresearch.com

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Pico Projector Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020

Industry Insights

Pico projectors are handheld devices which are used in devices such as tablets, mobiles phones, digital cameras, personal digital assistants (PDAs) and phablets. Pico projectors are used to display the contents of the device on the screen or wall by using image projector. As Pico projectors are small in size they can be installed in devices including digital cameras and mobile phones.

Pico projectors work by using different technologies including digital light processing (DLP), laser beam steering (LBS) and liquid crystal on silicon (LCoS). Digital light processing technology uses light source and mirrors in order to limit the quantity of light accepted by pixels on the image. Increasing convenience provided by Pico projector is expected to provide positive avenues to the market growth. However, decreasing pico projectors price is expected to drive the market over the forecast period.

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Increasing number of business personnel to give presentations and reduced dependence on carrying separate devices such as computers and others are expected to positively impact the product demand over the next six years. A wheel between the mirrors and light source is used to separate the light into blue, green and red.

Liquid crystal on silicon uses liquid crystal instead of mirrors in order to limit the quantity of light accepted by pixels on the image. Laser beam uses three sub pixel RGB laser beams which are associated with the help of optics. Higher cost of devices which are installed with pico projectors is likely to pose a challenge to the global market over the foreseeable period.

Product Insight

Stand-alone projectors need an USB or external cable such as HDMI or VGA to display the contents of the devices comprising laptops and others. USB pico projectors are lightweight and small. Since, they do not include battery, USB projectors require an USB port for power by an external devices such as tablet or laptop. Embedded projectors are mainly integrated in mobile phones.

Increasing usage of embedded projectors in laptops and digital cameras is expected to provide positive avenues to the pico projector market growth over the next five years. Growing Pico projectors use in various applications including healthcare, automotive, retail and aerospace is expected to fuel the market demand over the next five years. Laser pico projector market is expected to grow significantly as they provide a better color palette and the option of image enlargement.

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Regional Insights

North America was the largest market accounting for over 37% of the share in 2013. Asia-Pacific is expected to grow significantly owing to growing demand in countries such as India and China. Growing infrastructure and technological advancements in developing countries such as India and China are also expected to drive the pico projector market in the region. Asia Pacific market is expected to experience rapid growth on account of increasing electronic devices demand is this region.

Competitive Insights

Pico projectors market is highly fragmented owing to presence of suppliers in china and domestic manufacturers. Key industry participants include AAXA Technologies Inc., 3M Co., Acer Inc., Epicrystals Inc., Coretronic Corporation, Lite-On Technology Corporation, Microvision Inc., Luminus Devices, Optoma Technology Inc, Sony Corporation, Samsung Electronics Co., Texas Instruments Inc. among others.

Table of Contents

Chapter 1 Executive Summary

1.1 Pico projector – Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Pico Projector Industry Outlook
2.1 Market Segmentation

2.2 Market Size and Growth Prospects

2.3 Pico Projector Value Chain Analysis

2.4 Pico Projector Market Dynamics

2.5 Key Opportunities Prioritized

2.6 Industry Analysis - Porter's

2.7 Pico Projector - Company Market Share Analysis

2.8 Pico Projector - Technology Landscape

2.9 Pico Projector - PESTEL Analysis

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Chapter 3 Pico Projector Product Outlook
3.1 Standalone Projector

3.2 Embedded Projector

3.3 Media Player Projector

3.4 USB Projector

3.5 Laser Projector

Chapter 4 Pico Projector Regional Outlook
4.1 North America

4.2 Europe

4.3 Asia Pacific

4.4 RoW

Chapter 5 Competitive Landscape
5.1 3M Co

5.2 AAXA Technologies Inc.

5.3 Acer Inc.

5.4 Coretronic Corporation

5.5 Epicrystals Inc.

5.6 Lite-On Technology Corporation

5.7 Luminus Devices

5.8 Microvision Inc.

5.9 Optoma Technology Inc

Chapter 6 Methodology and Scope
6.1 Research Methodology

6.2 Research Scope & Assumption

6.3 List of Data Sources

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw
Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

High Performance Alloys Market Analysis, Competitive Strategies And Segment Forecasts To 2020

Industry Insights

High performance alloys market has been witnessing strong growth over the last few years on account of increasing application in major end-use industries including aerospace, gas turbines, electronics and oil & gas. High performance alloys have ability to sustain high temperature. Increasing high thermal resistant materials demand in aerospace industry is anticipated to fuel the market growth over the next six years.

High performance alloys demand is growing on account of its superior mechanical and chemical properties including high tensile strength, inertness towards alkaline and resistance to heat & corrosion. Increasing application scope of high performance alloys in gas turbines is anticipated to complement the market growth in near future.

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In addition, high performance alloys are used in wind turbines owing to their high strength and design flexibility. Growing wind energy industry owing to meet the required energy demand is likely to drive the global high performance alloy market over the foreseeable period.

Product Insights

Non ferrous alloys have been witnessing strong growth over the last few years on account of increasing demand from aerospace and gas turbines industry. Titanium and nickel which come under non-ferrous alloys are used in the main gear box assembly of helicopter due to their high tensile strength and modulus. However, volatile price of titanium alloys is expected to hamper the market growth in near future.

Refractory alloys are mainly used in applications where material with high thermal stability is required. Increasing demand for high thermal stability materials in major end-use industries including oil & gas and power generation is anticipated to boost the demand for high performance alloys over the forecast period.

Platinum group metal (PGM) alloys such as Ruthenium, Rhodium, Palladium, Osmium, Iridium and Platinum have multitude applications in automotive, jewelers, catalysis process, glass fiber production and laboratory crucibles. These applications of PGM alloys are expected to fuel the market growth over the forecast period.

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Application Insights

Aerospace industry has been the dominating application segment of high performance alloys over the last few years, and the trend is expected to continue over the forecast period. Growing aviation industry coupled with increasing R&D activities is likely to impact the market growth positively over the next few years. Gas turbines industry is the second major application segment of high performance alloys followed by automotive. Power generation and oil & gas industry has been witnessing significant growth over the last few years.

Regional Insights

North America has been the largest regional market segment of high performance alloys over the past few years, and the trend is expected to continue over the forecast period. Owing to rapid growth in aerospace industry in this region, demand for high performance alloys is expected to witness significant growth over the next six years. Europe was the second largest market followed by Asia Pacific.

Increasing gas turbines demand coupled with growing power generation sector in Europe is anticipated to complement the market growth over the forecast period. Furthermore, growing automobiles market in Europe is likely to boost the high performance market demand over the foreseeable period. In Asia Pacific, growing energy demand coupled with rapid industrialization is expected to fuel the market growth over the next six years.

Competitive Insights

Increasing application scope of high performance alloys in various end-use industries including automotive, gas turbines, aerospace and niche application like chemical and medical sector is anticipated to open opportunities for new entrants as well as existing market players. Key players in this market include Carpenter Technology Corporation, Allegheny Technologies Inc, Aperam S.A. and RTI international metals.

Table of Contents

Chapter 1 Executive Summary

1.1 High Performance Alloys - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 High Performance Alloys Industry Outlook

2.1 Market Segmentation

2.2 Market Size and Growth Prospects

2.3 High Performance Alloys Value Chain Analysis 

2.4 High Performance Alloys Market Dynamics

2.5 Key Opportunities Prioritized 

2.6 Industry Analysis - Porter's

2.7 High Performance Alloys - Company Market Share Analysis, 2013

2.8 High Performance Alloys - PESTEL Analysis

Chapter 3 High Performance Alloys Product Outlook

3.1 Global high performance alloys market share by product, 2013 & 2020

3.2 Non-ferrous Alloys

3.3 Platinum Group Alloys

3.4 Refractory Alloys

3.5 Superalloys

Chapter 4 High Performance Alloys Application Outlook 

4.1 Global high performance alloys market share by application, 2013 & 2020

4.2 Aerospace

4.3 Automotives

4 .4 Industrial gas turbines

4.5 Industrial

4.6 Oil & gas

4.7 Electronics

4.8 Others

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Chapter 5 High Performance Alloys Regional Outlook

5.1 Global high performance alloys market share by region, 2013 & 2020

5.2 North America

5.3 Europe

5.4 Asia Pacific

5.5 RoW

Chapter 6 Competitive Landscape 

6.1 ThyssenKrupp AG

6.2 Allegheny Technologies Limited

6.3 Carpenter Technology Corporation

6.4 Aperam S.A.

6.5 Haynes International, Inc.

6.6 Outokumpu Oyj

6.7 Verkhnesaldinskoye Metallurgicheskoe Proizvodstvennoe Obyedinenie

6.8 RTI International Metals Inc

Chapter 7 Methodology & Scope 

7.1 Research Methodology 

7.2 Research Scope & Assumptions 

7.3 List of Data Sources

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

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Hexa Research

Felton Office Plaza

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Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Home Healthcare Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020

Industry Insights

The U.S. Food and Drug Administration (FDA) have declared to provide closer overview of home healthcare equipment in the United States. The U.S. expenditure for homecare was around USD 57.6 billion in 2007, published by U.S. FDA. Growth drivers for home healthcare market are increasing base of geriatric population.

People over 65 years of age attract chronic medical conditions like asthma, diabetes, chronic obstructive pulmonary disease and others which require frequent routine health monitoring and health delivery services. Insurance regulators, government standard organizations, equipment manufacturers are cumulatively focusing on development and surveillance of home healthcare equipment with respect to safety, comfort and product usability for caretakers and patients.

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Home healthcare market is expected to grow lucratively during the forecast period owing to paradigm shift of clinical facilities to the home settings as it is more convenient, effective and safe. Home healthcare products such as denture cleaners, seat lift and others lie in to the category of technologically advanced product range.

Product Insights

The global home healthcare market on the basis of products is segmented into diagnostic equipment, therapeutic equipment, and mobility assists. Diagnostic product segment emerged as market leader and accounted for 41.6% of the overall home healthcare product market in 2013. It is expected to gain share over the forecast period, owing to increasing prevalence of diabetes, cardiovascular and cardiopulmonary diseases, patient awareness levels, growing prevalence levels of long term illnesses requiring constant diagnosis and high usage rates of BP monitors and pregnancy and fertility tests.

Therapeutic equipments market of home healthcare market comprising insulin delivery, home respiratory therapy equipment, IV (intravenous) pumps, home dialysis equipment and others therapeutic equipment held second largest market share in 2013. Mobility assistive equipment is designed to provide basis mobility outside and inside the home.

It includes wheel chairs, home medical furniture and walking assist devices. The overall mobility assistive market is expected to grow at a lucrative CAGR during the forecast period owing to increasing incidences of trauma, arthritis and mobility impairments, growing geriatric population base triggering incidence rates of orthopedic disorders and physical disabilities.

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Service Insights

The global home healthcare market on the basis of services catered is segmented into unskilled home care, rehabilitation services (primarily hospice care), infusion therapy services, respiratory therapy services and telemetry. Rehabilitation services accounted for the 59.3% of the overall home healthcare service market in 2013 majorly owing to increasing geriatric population base and growing incidence rates of surgeries pertaining to trauma.

Infusion therapy comprising the administration of medicaments through catheter or needle via various routes such as IV, epidural or intramuscular route, is expected to grow at the fastest CAGR during the forecast period. The growth is attributed to increasing global base of geriatric population and the presence of cost effective ambulatory therapies and the growing usage rates of chemotherapies and enteral nutrition at home health settings. It consists of equipment and supplies, patient education or training services, administrative services, pharmacy services and care coordination.

Regional Insights

North America, Europe, Asia Pacific and RoW are the major geographies analyzed in this study. North America is the most matured region of the home healthcare market. It held the largest revenue share of regional market in 2013 at over 44.3% owing to presence of a large base of geriatric population in this region coupled with sophisticated healthcare infrastructure and relatively higher patient disposable income levels are some key drivers of this market.

Moreover, increasing number of government initiatives aimed at curbing healthcare expenditure levels by promoting home healthcare is expected to serve this market as a driver. Asia Pacific is expected to grow at the fastest CAGR during the forecast period owing to growing geriatric population base in Japan, rapidly improving healthcare infrastructure and growing healthcare expenditure levels in emerging economies such as India and China.

Table of Contents

Chapter 1. Executive Summary

1.1. Home Healthcare Market - Industry Summary and Critical Success Factors (CSFs)

Chapter 2. Home Healthcare Industry Outlook

2.1. Market Segmentation

2.2. Market Size and Growth Prospects

2.3. Home Healthcare Market Dynamics

2.4. Key Opportunities Prioritized

2.5. Industry Analysis - Porter's

2.6. Home Healthcare - Company Market Share Analysis

2.7. Home Healthcare Market PESTEL Analysis, 2012

Chapter 3. Home Healthcare Product Outlook

3.1. Therapeutic Equipment (TE)

3.2. Diagnostic Equipment

3.3. Mobility Assist Equipment

Chapter 4. Home Healthcare Service Outlook

4.1. Rehabilitation services Market Estimates and Forecasts, 2012 - 2020 (USD Million)

4.2. Unskilled home care Market Estimates and Forecasts, 2012 - 2020 (USD Million)

4.3. Respiratory therapy services Market Estimates and Forecasts, 2012 - 2020 (USD Million)

4.4. Infusion therapy services Market Estimates and Forecasts, 2012 - 2020 (USD Million)

4.5. Telemetry Market Estimates and Forecasts, 2012 - 2020 (USD Million)

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Chapter 5. Home Healthcare Regional Outlook 

5.1. North America

5.2. Europe

5.3. Asia Pacific

5.4. RoW

Chapter 6 Competitive Landscape

6.1 Almost Family Inc.

6.2 B. Braun Melsungen AG

6.3 Abbott Laboratories

6.4 Sunrise Medical Inc.

6.5 3M Healthcare

6.6 Baxter International Inc.

6.7 Medtronic Inc.

6.8 Cardinal Health Inc.

6.9 Roche Diagnostics Corp.

6.10 Air Liquide

6.11 Arcadia Resources, Inc.

6.11.1 Company Overview

6.12 Bayer Healthcare AG

6.13 Amedisys, Inc.

6.14 Nxstage Medical, Inc

6.15 Arkray Inc.

6.16 Apria Healthcare Group

6.17 Odyssey Healthcare Inc.

Chapter 7. Methodology and Scope 

7.1. Research Methodology 

7.2. Research Scope & Assumption 

7.3. List of Data Sources

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

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Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Hearing Aids Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020

Industry Insights

As per the statistics of WHO, approximately 33% of geriatric population suffer from some degree of hearing loss. The hearing aids market thus, has gone through a sharp hike owing to the expanding geriatric population base globally. Rising prevalence of hearing loss such as congenital hearing problem and nerve deafness coupled with the full or partial reimbursement for these by the governments of various countries has contributed to the spurred demand of these worldwide.

Rapid technological advancements are taking place in this market. The most recent innovations being the incorporation of Bluetooth and the introduction of aesthetically appealing, 100% undetectable, waterproof hearing aids. All these advancements have been optimistic for the growth of the market as the new enhanced, cost effective product features are augmenting number of users of these devices.

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The key players in global hearing aids market are William Demant Holding A/S, Sonova Holding AG, Siemens AG, Widex A/S, and GN Resound. The companies in this market have to face stringent regulatory compliances and also have to indulge themselves in new product development as a significant amount of consolidation in the manufacturing capabilities has taken place. Companies are thus entering into mergers & acquisitions, and joint ventures to enhance their product features and quality.

Product Insights

Key products analyzed in the hearing aids market include Canal Hearing Aids: Completely-In-Canal (CIC), Invisible-In-Canal (IIC), and In-The-Canal (ITC) and In-The-Ear Aids (ITE), Completely-In-Canal (CIC), Behind-The-Ear Aids (BTE) Receiver-In-The-Ear Aids (RITE). The ITE and BTE hearing aids are more popular owing to connectivity, ease to use, high comfort they provide to patients and their efficiency for hearing impairment or deafness. BTE dominated the overall hearing aids market in terms of share at more than 55.0% in 2013.

These are used for treating the profound hearing loss and are more preferred for the treatment of hearing loss in children. The canal hearing aids are expected to rise at the highest CAGR during the forecast period. Rising demand for aesthetically appealing and invisible hearing aids owing to the changing lifestyle patterns of people is affecting the growth of this segment positively. Increasing R&D initiatives to improve the performance of these hearing aids are also accounting for the lucrative CAGR.

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Technology Insights

Analog and digital are major technologies in the hearing aids market. Digital hearing aid technology accounted for the largest revenue share in 2013. Higher relative efficiency and the use of upgraded technology such as Bluetooth and wireless, are the affecting this segment positively. The advantages such as digital speech enhancement and digital noise reduction that digital hearing aids provide over the traditional analog hearing aids have also led to spurred use of them.

Regional Insights

Europe emerged as the largest regional market in 2013 holding over 42% of revenue share. Increasing prevalence of hearing impairment and deafness and high purchasing power of patients in the developed countries of Western Europe accounted for the growth of this market. Effective reimbursement policy in each European nation is also the major driver for Europe’s market. The Asia Pacific market during the forecast period is expected to grow at the highest CAGR of over 4.0%.

Improvement in the distribution network of global market players coupled with increasing prevalence of age associated hearing problems in geriatric population, are the major drivers for the hearing aids market. Constantly improving healthcare infrastructure, rising patient disposable incomes and increasing awareness levels of patients, increasing adoption of technologically advanced hearing aids in emerging countries such as China and India and growing health care expenditures is a high growth rendering driver for this market.

Table of Contents

Chapter 1. Executive Summary

1.1. Hearing Aids – Industry Summary and Critical Success Factors (CSFs)

Chapter 2. Hearing Aids Industry Outlook

2.1. Market Segmentation

2.2. Market Size and Growth Prospects

2.3. Hearing Aid devices Market Dynamics

2.4. Key Opportunities Prioritized

2.5. Industry Analysis - Porter's

2.6. Hearing Aids Market PESTEL Analysis, 2012

Chapter 3. Hearing Aids Product Outlook

3.1. In-The-Ear-Aids( ITE)

3.2. Receiver-In-The-Ear Aids (RITE)

3.3. Behind-The-Ear Aids (BTE)

3.4. Canal Hearing Aids: In-The-Canal (ITC), Invisible-In-Canal (IIC), Completely-In-Canal (CIC)

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Chapter 4. Hearing Aids Technology Outlook

4.1. Digital Hearing Aids

4.2. Analog Hearing Aids

Chapter 5. Hearing Aids Regional Outlook 

5.1. North America

5.2. Europe

5.3. Asia Pacific

5.4. RoW

Chapter 6. Competitive Landscape

6.1. Benson Hearing

6.2. GN ReSound Group

6.3. MED-EL GmbH

6.4. MicroTech

6.5. Phonak

Chapter 7. Methodology and Scope 

7.1. Research Methodology 

7.2. Research Scope & Assumption 

7.3. List of Data Sources

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Global Polymethyl Methacrylate (PMMA) Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020

Industry Insights

Global PMMA market is expected to witness significant growth over the next six years owing to increasing demand in electronics, automotive and signs & display applications. PMMA is widely used in LED and flat panel televisions as a light guide for the backlights of television. Its superior light transmittance compared to other polymers makes it an ideal compound in televisions which is expected to fuel its demand in electronics applications.

Increasing penetration of PMMA in medical devices market as an alternative to other medical polymers such as PVC and polypropylene owing to health hazards and low biocompatibility is expected to fuel the market growth over the next six years. Growing concerns regarding the presence of phthalate plasticizers in PVC has been a major factor for the growing importance for PMMA in medical devices.

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PMMA is widely used as an alternative to glass in construction and automotive segments. Increasing construction spending coupled with growing automotive industry in emerging markets such as Brazil, China and India are expected to drive the market growth over the forecast period.

Volatile prices of acetone have impacted the pricing of methyl methacrylate which consequently faltered the prices of the profitability of manufacturers in PMMA market. Increasing R&D to develop bio-based alternatives is anticipated to reduce the dependability of manufacturers on petrochemicals as raw material source. This is anticipated to provide market participants opportunities in terms of product innovation.

Product Insights

Extruded sheets emerged the leading product segment in the PMMA market and accounted for more than 55% of the market share in 2012. Extruded sheets are mainly used for LED screens, building facades, solar panels and signs & displays. High electronics production and consumption in China and India on account of growing manufacturing sector and income levels respectively is expected to fuel the demand for extruded sheets over the forecast period.

PMMA pellets are molded according to their use in various applications such as signs & displays, automotive, medical devices and clothing. Demand from these applications can be credited to the demand for PMMA pellets in the market. Increasing usage of PMMA in the lenses of automotive exterior lights is expected to complement the market growth.

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Application Insights

Signs and displays emerged as the largest application segment and accounted for over 37% of the market share in 2013. Increasing expenditure on advertisements on account of increasing consumerism in emerging markets around the globe has been a major driving factor for high demand of PMMA in signs and displays. Electronics is expected to emerge as the largest application segment for the market by 2020.

Growing electronics industry in China, Taiwan and South Korea coupled with increasing demand for electronics in Asia, particularly television sets, is expected to drive the market growth in electronics applications. The market growth is further expected to be complemented by increasing application in automotive, construction and medical devices.

Regional Insights

Asia Pacific was the largest regional PMMA market and accounted for about 69% of the market volume in 2013. Presence of LED flat screen and TV manufacturers in the region particularly China, Taiwan and South Korea coupled with increasing demand for electronics owing to increasing income levels has been driving the market growth in the region. Low manufacturing costs and availability of high skilled labor has been a favorable to the increasing electronics production in the region.

This trend is also expected to complement the market growth to make the fastest growing region over the next six years. North America is expected to register considerable growth on account of high demand for PMMA in electronics and sign & display applications. Slump in construction and automotive industries on account of gloomy economic scenario may challenge the market growth in the region.

Europe accounted for 16% of the market volume in 2013. The market is expected to grow on account of increasing demand for PMMA in signs & displays and automotive applications. The market witnessed drop in demand in the recent past due to the recent Euro crisis. However, recovery of economy in the region is expected to favorably impact the market over the next six years.

Table of Contents

Chapter 1 Executive Summary

1.1 Polymethyl Methacrylate (PMMA) – Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Polymethyl Methacrylate (PMMA) Industry Outlook 

2.1 Market Segmentation 

2.2 Market Size and Growth Prospects 

2.3 Polymethyl Methacrylate (PMMA) Market Dynamics 

2.4 Key Opportunities Prioritized 

2.5 Industry Analysis - Porter's

2.6 Polymethyl Methacrylate (PMMA) - Company Market Share Analysis

2.7 Polymethyl Methacrylate (PMMA) - PESTEL Analysis

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Chapter 3 Polymethyl Methacrylate (PMMA) Product Outlook

3.1 Extruded Sheets

3.2 Cell Cast Sheets & Blocks

3.3 Pellets

3.4 Beads

Chapter 4 Polymethyl Methacrylate (PMMA) Application Outlook

4.1 Construction

4.2 Electronics

4.3 Automotive

4.4 Signs & Displays

4.5 Other

Chapter 5 Polymethyl Methacrylate (PMMA) Regional Outlook 

5.1 North America 

5.2 Europe 

5.3 Asia Pacific 

5.4 RoW

Chapter 6 Competitive landscape

6.1 Evonik Industries AG

6.2 Mitsubishi Rayon Group

6.3 Arkema SA (Altuglas International)

6.4 Kuraray Group

6.5 Chi Mei Corporation

6.6 Sumitomo Chemical Co. Ltd.

6.7 Dow Chemical Company

6.8 Polycasa N.V

6.9 Asahi Kasei Corporation

6.10 Daesan MMA

Chapter 7 Methodology and Scope 

7.1 Research Methodology 

7.2 Research Scope & Assumption 

7.3 List of Data Sources

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/