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

Growing awareness among consumers towards nutrients and vitamins containing food is expected to fuel the global phytosterols market growth over the next five years. Increasing demand for herbs and minerals extracts to be reinforced as food additives in beverages and foods are anticipated to spur the market growth over the forecast period. Phytosterols are steroid compounds derived from plants and have similar characteristics as cholesterol such as structural behavior and functionality.

Phytosterols compete with cholesterols to reduce their level and helps to restrict absorption in digestive system. They find applications in food additives in cold cuts, spicy sauces, milk sausages, yoghurts, spreads, bakery products and margarines. Government affirmation regarding phytosterols application as food additives to supplement the nutritional requirement in foods and beverages is expected to drive the global market growth over the next five years.

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Growing cardiovascular diseases ad heart attacks due to high cholesterol content is anticipated to shift consumers towards phytosterols content foods. This also expected to replace cholesterol market with phytosterol in the near future. However this is a challenge to shift prospect’s mind towards phytosterol usage owing to less awareness for the product. Other similar products are also projected to hinder the global market as substitutes to the product.

Major phytosterols applications include food ingredients, pharmaceutical and cosmetics industries. Food ingredient dominated the global application market in the recent past and is expected to witness the same trend over the next five years owing to growing consumption of nutritional foods and beverages worldwide. Rising purchasing power of consumers particularly in emerging countries is expected to create huge market scope over the foreseeable future. Pharmaceutical industry followed food ingredient industry and contributed to second major market. Cosmetic industry has niche application market as compared to other two.

Phytosterols market is segmented on the basis of products into stigmesterol, campesterol, ergosterol, beta-sitosterol and brassicasterols. All these phytosterols are found in fruits, seeds, vegetables and nuts. Beta-sitosterol has vital range of applications in medical industry such as colon cancer prevention, shin problems and cervical cancer. Capesterol is collected from various plants for medical applications. Various levels of campesterols have different effects on different individuals. Even high phytosterol amount in the body is responsible for cardiovascular problems.

Stigmasterol is used to manufacture semisynthetic progesterone, is a hormone required by human body to rebuild body tissues regarding estrogen effects. It is also an intermediate androgens, estrogens and corticoids biosynthesis process. Ergosterol occurs in fungal grows upon the plants due to exposure to ultra violet which transforms it into vitamin D2 that helps in bones development. It majorly finds applications in food ingredients and medical industry. Brassicasterol occurs in terrestrial plants such as oilseed rape and algae (unicellular phytoplankton). Beta-sitosterol was the leading product segment in the market in the recent past followed by campesterol. Innovation regarding product development is anticipated to provide more applications over the next five years.

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Europe dominated the global market followed by North America in 2013. Government favorable support regarding phytosterol usage as food additives and in medical industry is projected to spur the market over the forecast period. Asia Pacific is expected to be the emerging market on account of less awareness towards the product. However, rising purchasing power of consumers and shift in general population lifestyle particularly in emerging economies such as Indonesia, India and China is expected to fuel the market growth over the next five years.

Global phytosterol market is concentrated in nature due to top four companies contributed for more than half of the market. The market is oligopolistic owing acquisitions and mergers of several companies by major participants. The key players in the market include Cognis-BASF, Archer Daniels Midland Company, Fobes Medi-Tech, Triple Crown, Raisio Life Sciences, Arbois, Teriaka Ltd, K-Patel Phyto Extracts and Fenchem Enterprises Ltd.

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Commercial Seeds Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020

Decreasing arable land along with growing population is anticipated to fuel the global commercial seeds market growth over the next five years. Growing population leads to increasing food demand which is expected to witness a rapid growth in commercial seeds market. Rapid urbanization across the globe has led to decrease in farmable land which requires high productivity in the limited available area. Commercial seeds are segmented on the basis of their type as biotech seeds and conventional seeds. The major conventional seeds include maize, cereals, soybean, vegetables, canola, rice and cotton.

Biotech/Genetically Modified seeds are engineered to exhibit to enhance insect resistance property and shelf life. Growing concern towards hybrid seeds usage and regional governments favorable regulations for biotech seeds use are projected to drive the commercial seeds market growth over the forecast period. Government supports such as subsidies incentives and loans to farmers in various Asia Pacific nations to increase agriculture products yield are expected to bolster the market growth.

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Technology advancement in seeds which improves product yield and also protects from insect attack is also responsible for the market growth. As a result of worldwide acceptance, various crops are being developed under biotech seeds segment which is also anticipated to support the market growth. Growing technical support to the farmers particularly in Asian countries for high yield has shown significant growth in the market. However these seeds have witnessed negative impact such as soil erosion, poisonous weed creation and threats to some species. This is expected to hinder the global market growth over the forecast period.

Conventional seed dominated the global commercial seed market accounting for over 53% of the total consumption in 2013. Maize seeds contributed to the highest demand followed by soybean and vegetable accounting for over 44% of the total demand in 2013. Maize is anticipated to sustain the largest market and cotton is expected to witness fastest growth over the next five years. Biotech seeds are projected to attain fastest growth accounting for over 10% CAGR over the forecast period. Soybean was the dominant market accounting for over 43% of the total revenue in 2013. Increasing soybean demand for biofuel production is anticipated to boost the market in the near future.

North America was the largest commercial seeds market accounting for over 31% of the total revenue in 2013. This is owing to existence of major market players in the region and growing technical advancements to develop low cost processing methods. No regulations on export and import have also supported the market growth. Latin America is anticipated to witness fastest growth accounting for 7.5% CAGR over the forecast period. It is also projected to dominant biotech seed segment in the near future accounting for 11% CAGR. Asia Pacific is anticipated to witness considerable growth accounting for 7.4% CAGR over the foreseeable future. This is because of growing population leading to increasing consumption in the region particularly in China and India.

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Many acquisitions and mergers have taken place in the market since 2001. This has led to considerably consolidated market. Future trend is expected to lead the market towards oligopolistic scenario owing to further acquisitions and mergers of small existing participants. The major market players include DuPont Pioneer, Monsanto Company, Syngenta Interntional AG and Vilmorin & Cie SA, Bayer Crop Science and DOW AgroSciences.

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Thermoplastic Polyolefins (TPO) Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies And Segment Forecasts, 2012 To 2020

Industry Insights

Thermoplastic Polyolefins (TPO) contain polymers including polypropylene, polyethylene and rubber with filler material. TPOs are processed like thermoplastics and come under thermoplastic elastomers family. TPO are manufactured by different processes including injection molding, extrusion molding and forming. TPO possess rubber qualities but they are processed like polymer. This unique property has increased the application scope of TPO in major end-use industries recently.

TPO market has been witnessing strong growth over the last few years on account of increasing demand from automotive industry, and the trend is expected to continue over the forecast period. Rapid growth of automotive industry especially in India and china is the key factor expected to drive the market in this region. Automotive industry is highly competitive in nature where market players compete with each other by product innovation.

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Providing luxurious interior and exterior design is the key factor for market players to gain competitive advantage over their competitors. Increasing application scope of TPO in automotive interior and exterior designs is anticipated to fuel the market growth over the next six years. TPO is gaining popularity on account of its properties including weather resistance, waterproof and design flexibility. Increasing TPO application in construction sector for roofing purpose is the key factor likely to surge the market growth over the next six years.

In addition, increasing government spending on infrastructure development in emerging BRIC countries is the key factor anticipated to boost TPO market demand over the forecast period. TPO with UV stabilization provide superior advantages where outstanding impact properties at different temperature are required. Typical applications include automotive bumper and fascia components, recreation vehicle cowls and lawn and garden machinery guards. These applications of UV stabilized TPO is anticipated to boost TPO demand over the next six years.

TPO are ecofriendly polymers possessing similar properties of PVC. Growing environmental concerns and controversial debate on PVC usage has negatively affected the PVC market recently. In addition, stringent regulations from EU commission in Europe restricted the usage of PVC in this region. Eco friendly nature of TPO replaced PVC in major industrial applications, and it is expected to augment the market growth over the next six years.

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Application Insights

Automotive industry was the largest market for TPO over the last few years on account of growing automobiles demand across the world. Increasing automotive manufacturers in countries such as India, China and Brazil is anticipated to drive TPO market at a good pace in this region. Construction sector was the second major market for TPO in 2013. Increasing construction projects including roads, flyovers, commercial complexes and residential projects on account of infrastructure development in BRICS is likely to fuel the market growth over the forecast period. Global TPO market is expected to witness significant growth over the next seven years owing to increasing application in major end-use industries including electrical, packaging and healthcare.

Regional Insights

North America was the dominating regional market over the past few years, and the trend is expected to continue over the forecast period. On account of matured automotive market in North America, TPO market is anticipated to witness moderate growth over the foreseeable period in this region. Asia pacific was the second largest market owing to strong TPO demand from automotive and construction sector in emerging countries including India and China. Europe has been witnessing sluggish growth over the last few years on account of market saturation in this region.

Competitive Insights

Increasing application scope of TPO in major industrial applications coupled with rapid industrialization in BRICS is anticipated to open new opportunities for the existing market player to increase their production capacity over the forecast period. Some major players in this market include The Dow Chemical Company, Arkema SA, INEOS Olefins & Polymers, Exxon Mobil Corp., PolyOne Distribution, SABIC and Chemtura Chemical Corporation.

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Contraceptive Drugs and Devices Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies And Segment Forecasts, 2012 To 2020

Industry Insights

Contraceptive drugs and devices market is expected to grow over the forecast period owing to the increasing prevalence of sexually transmitted diseases such as HIV & HPV and growing population. The other drivers of this market are increasing government & NGO’s programs against the abortion, social & political consideration, and changing lifestyle. Contraceptive drugs & devices are the commonly known for birth and fertility control and are used to avoid pregnancy.

Function of these devices & drugs is to change ovulation mechanism by acting as a physical barrier between ovum and sperm. Lack of contraception results have impacted on healthcare costs due to the unwanted abortions and pregnancies. The usage, planning and provisions of contraceptives are known as family planning. There are various advantages attached to the contraceptive drugs & devices as it helps in the prevention of spread of sexually transmitted diseases.

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Family planning includes application of intra-uterine devices, sterilization, hormonal barrier as a method for birth control. Apart from these, there are emergency controls, dual protection and behavioral are available for prevention of pregnancy. Global market for contraceptives encompasses female contraceptive devices, male contraceptive devices, and vaginal, oral, and injectable contraceptive drugs. These contraceptive devices and drugs are available globally in almost all the outlets ranging from chemists, pharmacies, fertility centers and reproductive health centers.

All the sexually active females at childbearing age are at a risk of unwanted pregnancies due to unsafe sex. There has been tremendous growth in the sexually transmitted diseases sector and the global population, due to the lack of awareness about the contraceptive drugs and devices. All these have generated awareness among the people to curb unplanned and unwanted pregnancies. This market has a huge unmet opportunity over the forecast period. 

Product Insights

Contraceptive drugs and devices market is segmented on the basis of product types into contraceptive drugs, female contraceptive devices, and male contraceptive devices. Among these, largest share is held by contraceptive drugs as of 2014, as it is easiest method of contraception. There has been lot of technological advancements in contraceptive drugs such as as development of emergency oral contraceptive pills. These contraceptive drugs are used for preventing unwanted pregnancy.

These drugs are composition of one or more synthetic female sex hormones like progestin or progestin and estrogen. So it prevents pregnancy by blocking the normal and complex process of ovulation. It helps by prohibiting implantation of male hormones within the uterus, if it is taken within 2-3 days. Simplicity of their usage makes it prominent contraceptive in the market. The other forms of contraceptive drugs are injectable and topical, had also witnessed strong growth rate.

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Moreover, the contraceptive drugs and devices market has witnessed growth due to the introduction of cheap contraceptives such as Pill-Plus, AG200-15 Contraceptive Patch and Sino-Implant (II). Female contraceptive devices are the fastest growing market.  This market is further classified into, sub-dermal contraceptive implants, female condoms, contraceptive vaginal rings, intrauterine devices, contraceptive sponges, contraceptive diaphragm and non-surgical permanent contraception device. 

Regional Insights

Geographically, the Contraceptive drugs and devices market is studied with respect to four regions such as North America, Europe, Asia Pacific and RoW. Among these, North America and Europe is dominating the whole market owing to its sophisticated healthcare infrastructure, increasing awareness, availability of contraceptive drugs & devices, technologically advanced systems, and government initiatives. Over the forecast period, most of the domestic and international players are focusing on the emerging market, such as China, India, as these markets are lucrative by nature, and owe towards untapped opportunity, and these countries are growing rapidly in the contraceptive drugs and devices market.

Competitive Insights

The major players in the, Contraceptive drugs and devices market are Merck & Co., Bayer Healthcare AG, Warmer Chilcott Company inc., Church & Dwight Co. Inc., Pfizer Inc., Agile Therapeutics Inc., Mayer Laboratories Inc., BioSante Pharmaceuticals, Teva Pharmaceutical Industries Ltd, and Pantarhei Bioscience B.V.

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Global Hydraulic Fracturing Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020

Industry Insights

Growing E&P activities for extracting hydrocarbons from unconventional reserves particularly shale basins has been major factor driving global hydraulic fracturing market growth over the last few years. Increasing demand for primary energy and fuel for transportation, household and power generation has been responsible for growth in demand for oil & gas over the last few years. Oil & gas industry participants have been witnessing declining production rates from conventional reserves.

This might create an imbalance in the demand supply chain. In order to cope up with the growing demand for fossil fuels the E&P companies have shifted their focus to develop the unconventional oil & gas reserves. This shift towards development of unconventional hydrocarbon reserves is expected to boost the market growth.

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Along with benefits, hydraulic fracturing has certain environmental and health risks associated with it. The market growth may be restrained by stringent environmental regulations by organizations such as REACH and EPA. Moratoriums by local organizations and bans on the use technology by regional agencies of France, U.S., Bulgaria and Romania, may have a negative impact on the market growth over the next few years. Development of shale basins in China and Russia coupled with increasing spending on R&D for developing technologies which use less water for fracking is expected to provide future opportunities for market players over the next six years.

Technological l Insights

Plug & Perf is the largest technology segment for hydraulic fracturing market accounting for over 85% of the total market revenues in 2013.The technology is used to extract oil & gas from cased holes. Sliding sleeve is relatively new technology in this market and is applicable for openhole wellbores as well as natural fractured formations. These technologies are used either in conjunction, industrially referred as ‘hybrid frac’ or separately depending on required fracture quality, formation type and coast involved.

Sliding sleeves technique is comparatively les time consuming and more effective. Plug & Perf is a more developed and acknowledged technology for ease of accessibility in horizontal wells creating a high quality fracture. Development of waterless fracturing methods and use of gas fracturing techniques may provide hydraulic fracturing market participants future opportunities.

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Material Insights

Major materials employed for hydraulic fracturing are proppants and other chemicals. Proppants accounted for over 22% of the total materials employed. They are utilized for keeping the induced fractures open alloying easy flow of fluids between the formation and the wellbore. Sand, resin coated sand and ceramics are used as proppants for fracturing purpose. Sand owing to its easy and cheap availability has the largest market. Increasing oil & gas production standards have restrained the use of sand as a proppant owing to sand production. Ceramic materials have also significant market shares but are expected to lose some of its market shares to resin coated sand proppants.

Application Insights

The market finds application in extraction of oil & gas in conventional hydrocarbon reserves as well as for unconventional reserves which include shale basins, tight reserves and CBM. Hydraulic fracturing market demand from shale gas has the largest share in terms of market revenues. Initial development of shale gas reserves especially in U.S. and Canada has boosted the market demand growth for this application. Shale gas is expected to have the fastest growth rates over the next six years. Hydraulic fracturing market demand for tight oil & CBM applications is anticipated to have stagnant growth rates over the forecast period.

Regional Insights

North America was the largest regional market and accounted for over 88% of the total market revenues in 2013. Development of unconventional resources of oil & gas coupled with government support for developing shale and tight reserves has been the major factor responsible for hydraulic fracturing market growth in this region. Asia Pacific market is anticipated to project the maximum growth rates owing to vast availability of unconventional hydrocarbon reserved in China and Indonesia.

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

Increasing demand for renewable energy over conventional energy is expected to drive global hydropower market over the next eight years. Fossil fuels are being used on a large scale for power generation over the past decade, which are responsible for emitting greenhouse gases polluting environment. Various industries are considering more natural resources usage owing to excessive fossil fuel application globally has polluted environment badly. Increasing renewable implementation as a source to reduce carbon footprint also helps industries to earn carbon credit.

Various nations are also supporting other countries towards developing green economy. Fossil fuel reserves depletion and uncertain supply has shifted industries towards renewable sources usage. Growing population led to increasing energy demand along with reduction in dependency on conventional energy sources has prompted industry to shift towards renewable energy sources. Hydropower market is expected to gain popularity over the next eight years on account of reduction in hazardous gases emission.

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Hydropower plant fulfills approximately 20% of the global energy demand. Hydropower market is anticipated to grow over the forecast period due to some key advantages such as flood control ability, water retention and energy demand fluctuation management. Global hydropower market is projected to foster the growth owing to the cleanest source of energy which can be renewed. Various national government favorable supports such as financial incentives and tax benefits are anticipated to witness a rapid growth over the forecast period. Worldwide stringent regulations regarding fossil fuel usage have also pumped hydropower market growth.

Growing awareness towards usage of unconventional resources and future threat of global warming impacts are anticipated to boost hydropower market over the forecast period. Limitation of abundant potential water sources availability is expected to hinder global hydropower market. Hydropower plant requires huge initial investment which may hamper the market growth. However, long run operating cost is lower than other conventional source based plants owing to approximately zero raw material cost which is free water.

Hydropower market can be segmented as residential, commercial and industrial. Industrial application was the largest application market for hydropower in 2013 accounting for over 25% on account of rapid industrialization. Industrial market is projected as the fastest growing market over the next eight years followed by residential and commercial.

China dominated hydropower market across the world accounting for over 24% in 2013. It is expected to follow the same trend over the forecast period owing to increasing demand and rapid industrialization. China emerged as major hydropower market due to more capacity addition in this sector. Favorable government instruments as FIT and RPS are expected to bolster hydropower market growth over the forecast period.

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Stringent environmental regulatory board regulations on conventional sources of energy have shifted industries towards hydropower generation in North America and Europe Introduction of favorable norms for renewable resources in the region is anticipated to witness rapid growth in the foreseeable future. The U.S. president passed bills for optimum utilization of unexploited market potential which is also projected to drive hydropower market growth over the forecast period. Asia Pacific is expected to witness fastest growth over the forecast period owing to increasing demand for energy due to growing population.

Emerging economies such as India, China, Indonesia and Malaysia are expected to spur the hydropower market growth on account of volatile crude oil prices. Major players in the global hydropower market include GE Energy, Andritz AG, Alstom Hydro, CPFL Energia S.A., China Hydroelectric Corporation, IHI Corporation, China Three Gorges Corporation and ABB Ltd., The Tata Power Company and EDP Energias do Brasil.

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Antibacterial Glass Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies And Segment Forecast From 2012 To 2020

Industry Insights

Antibacterial glasses are especially designed for removing bacteria that are formed on the surface of the glass and it also prevents fungi, which is occurs due to the bacteria. Normal glasses may lead with the result in contraction of diseases or infections. Antibacterial glasses are preferred in those locations or areas where requirement of hygiene is more. Mainly, these antibacterial glasses are used in those places like hospitals or laboratories, where rate of requirement of hygiene factor is too high.

The basic steps to avoid the spread to these kind of bacteria includes washing your hands on a regular basis and maintaining the environmental cleanliness. Antibacterial glasses are manufactured with the help of two processes which are infusion and coating. This market has a high unmet opportunity in both developed and developing countries as the demand of antibacterial glasses is increasing towards the touch screen display market. These touch screen displays are used in various electronic gadgets such mobile phone, laptop, tablet, and phablets.

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Active Ingredient Insights

Antibacterial glass market is segmented on the basis of ingredients into zinc, silver, copper and titanium, zeolite and silicon. Among these, silver held the largest market share in 2014. Its market share is more than 90% globally and it will continue to grow at a faster rate over the forecast period. The reason of its dominance, as silver is best component to inactive the bacteria and decreases its chance to increase over a period of time. An European based company, AGC Glass has patented its silver infused antibacterial glass. Its upper layers are to be rendered with antibacterial and antimicrobial in nature.

Application Insights

Antibacterial glass market is segmented on the basis of application into hospitals, household, military, beverages and food. Among these, hospitals held the largest share and fastest growing sector in 2014. Antibacterial glasses are more preferred in hospitals owing to the high chances of emerging of bacteria in these places. Painted and clear glasses, as well as mirrors coated and infused with antimicrobial agents are useful in geriatric units, oncology, maternity wards, burn units and in various other surgeries.

The importance of antibacterial glasses to be used in hospitals are high because, hospitals are very critical and sensitive place, so there are many chances that the bacteria can be spread to patients, hospital staff members or even to the visitors. There had been many cases were patient got infected due to the lack of use of antibacterial glasses during the surgery or post-surgery.

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Regional Insights

Geographically, the antibacterial glass market is segmented into North America, Europe, Asia Pacific and RoW. North America is dominating the whole market. The reason for its dominance is due to the presence of strong R&D, availability of technologically advanced systems, increasing awareness among people, and various government initiatives. The growing economies in Asia Pacific such as India and China region are expected to witness lucrative growth over the forecast period due to the rising healthcare expenditure, and awareness about the antibacterial glasses.

Competitive Insights

The major market players are, Nippon Sheet Glass (NSG), AGC Glass, Saint Gobain, VBT Glass, Glas Trösch Holding AG, Essex Safety Glass Ltd., Ishizuka Glass Company Limited, Beijing JiYan-Tech Co. Ltd, and BÜFA Glas GmbH & Co. KG.

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

Industry Insights

Mobile health or mHealth makes use of mobile and wireless devices to enhance healthcare services. The availability and affordability of healthcare services continues to pose a challenge in spite of developments in the field over the past few years. On the other hand, smartphone penetration with 3G and 4G networks has multiplied owing to growing urbanization and purchasing power, which is expected to drive mHealth market growth.

3G and 4G LTE networks facilitate rapid delivery of telemedicine services through video calling and high speed data transfer. Rising incidences of chronic diseases such as heart ailments, cancer, and diabetes is a key contributor to growing mHealth demand as mobile applications help patients in the efficient control and management of these ailments.

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Need for maintaining secure infrastructure to ensure data safety and privacy may negatively impact the mHealth market growth over the next six years. mHealth technology includes both, one-way and two-way applications. In one-way applications, the information flows from medical practitioners to patients through SMS for reinforcing medical compliance. Two-way data application involves client record access and remote monitoring.

Service Insights

Healthcare systems strengthening, diagnosis services, and monitoring services are the primary types of mHealth services. Other services, which primarily consist of prevention and wellness, are focused on child care, drug abuse prevention, elderly care, healthy living, and smoking de-addiction.

Monitoring services accounted for over 60% of the overall market share in 2013, and include post acute care services, chronic disease management, independent aging solutions, and devices like body trackers for monitoring vital signs. The revenue primarily originates from developed markets where there is higher prevalence of chronic diseases.

Diagnosis services are mainly intended for lower income groups in developing markets, wherein physicians can communicate with patients through telemedicine services and help lines. Healthcare systems strengthening solutions include healthcare practitioner support, healthcare surveillance and administration, and emergency response services.

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Participants Insights

Device vendors, mobile operators, healthcare providers, and content players constitute the participants in the mHealth space. Mobile operators are expected to remain the largest and fastest growing segment over the forecast period. In addition to connectivity services, they offer services such as mobile telemedicine, health call-centers, end-to-end solutions, and content-based wellness information.

Majority of their mHealth market revenue originates from diagnosis and monitoring services. Device vendors include electronics and technology companies that provide equipment for gathering medical data pertaining to the patient, and transmitting the data to back-end servers via mobile networks. Content players provide information-based services, either in a stand-alone fashion or through collaborations with mobile operators.

Concentrated efforts from device vendors and mobile operators coupled with regulatory backing are key factors for expediting mHealth adoption on a global scale. Resolving issues pertaining to standardization, interoperability and certification of devices are crucial for industry growth.

Regional Insights

North America led the global mHealth market in 2013, accounting for more than 30% of the overall revenue on account of high demand for monitoring services in the wake of growing incidences of chronic diseases. A surge in mHealth market demand is expected in Asia Pacific over the forecast period, driven by the need for accessible healthcare; the regional market is expected to grow at a CAGR of over 45% from 2014 to 2020.

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Linear Alkyl Benzene Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020

Growing cleaners and detergents demand in end-use industries and residential application is expected to fuel the global linear alkyl benzene market over the next five years. Strict governmental regulations regarding non-biodegradable materials usage is also anticipated to spur the market growth over the forecast period. Linear alkyl benzene is manufactured from oligomerization of ethylene and is a colorless organic compound. Kerosene is the major raw material for the LAB production and is formed as a co-product during kerosene dehydrogenation process.

Most significant importance of the product is biodegradability. The product is mainly used to produce linear alkylbenzene sulfonate (LAS). LAS are primarily used to manufacture detergents. LAB in its original form is also used to produce detergents. LAB comprises optimum light yield, low radioactive impurities, high flash points and optical transparency. On account of high flash point the product is also used to produce neutrino detectors.

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Several other LAB applications include emulsion polymerization, ink solvents, agriculture herbicides, paint industry, as wetting agent and electric cable oil. Biodegradable nature of LAB is the most important factor to drive the global market over the next five years. Several LAB derivatives such as LAS also comprise biodegradability property which enhances their applications in various end-use industries and to produce surfactants.

LAB is prominently used to manufacture house hold cleaners, light-duty and heavy laundry liquids, laundry powders, industrial cleaners and light-duty dish washing liquids. Increasing demand for clean in place materials in several industries is expected to foster the LAB market growth over the forecast period. Technology advancement in developing new applications is anticipated to drive the market growth over the foreseeable future. LAB market is classified into application segments as heavy duty laundry liquid, laundry powder, light duty dish washer, industrial cleaners and house hold cleaners.

Heavy duty laundry liquid was leading the LAB market in terms of revenue as well as volume. Industrial cleaners followed heavy duty laundry liquid and contributed to second major market segment. House hold application market is anticipated to be the fastest growing market over the forecast period owing to increasing awareness towards cleaning and health aspects. Rapid industrialization in emerging economies is projected to bolster the market growth over the foreseeable future.

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Asia Pacific dominated the linear alkyl benzene market in terms of both revenue and volume in 2013 and is also expected to witness the fastest growth over the next five years. Increasing consumption and growing industries in emerging countries in the region such as China and India are the major factors to drive the growth. North America and Europe are anticipated to witness sluggish growth in the near future on account of declination in application market.

However, the region is expected to sustain the market owing to favorable government regulations regarding biodegradable products usage. Global linear alkyl benzene market is fairly fragmented due to presence of large number of companies. Major market players include Chevron Phillips, Sasol, Unggul Indah Cahaya, Reliance Aromatic and Petrochemicals Pvt. Ltd., ISU Chemicals, Honeywell and Huntsman Corporation, Fushun Petrochemicals, Deten Quimica and Jintung Petrochemical. Sasol contributed largest market share in terms of revenue and volumes in 2013.

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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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Latin America Adhesives And Sealants Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020

Industry Insights

Latin America has been the fastest growing market for adhesives and sealants market over the past five years on account of strong growth in end-use industries such as automotive, construction and packaging. Increasing automobiles demand in Brazil is anticipated to augment the market growth over the forecast period. Adhesives and sealants provide large number of applications in manufacturing industries.

Growing manufacturing industries on account of rapid industrialization in developing nations such as Brazil and Argentina is anticipated to boost adhesives and sealants market over the next five years. Increasing government spending in construction activities on account of infrastructure development in this region is further anticipated to boost the demand in this region.

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Brazil was the host for FIFA world cup in 2014 which resulted in strong demand for adhesives and sealants from end-use industries such as construction, packaging and furniture. Brazil is going to host for next Olympics in 2016. Olympics is the large scale international event, which is expected to boost adhesives and sealants demand from end-use industries over the next two years.

Stringent government regulations regarding usage of adhesives and sealants coupled with increasing environmental concerns is anticipated to hinder the market growth over the forecast period. Moreover, volatile prices coupled with scarcity of crude oil, which is used as a raw material in manufacturing adhesives and sealants is also expected to impact adhesives and sealants market growth negatively.

Technology Insights

Solvent based, water based, hot melt and reactive are the different forms adhesives and sealants manufactured differently using various technologies. Water based adhesives and sealant emerged as widely used technology in Latin America region followed by hot melt in 2013. Water based market has been witnessing strong growth on account of its environmental friendliness. In addition, rising environmental concerns coupled with stringent regulations from EPA is anticipated to fuel water based adhesives & sealants market growth over the forecast period. Solvent based and hot melt adhesives & sealants market is expected to witness huge growth over the foreseeable period.

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Product Insights

Acrylic adhesives & sealants was the largest product segment in this region followed by PVA adhesives. Acrylic adhesives possess high adhesive property, high environmental resistance and fast setting time. Construction and automotive industries are the extensive users of acrylic adhesives and sealants. Strong growth of these end-use industries in Brazil is the key factor to drive the market in this region. Moreover, silicone sealants are expected to witness considerable growth rate over the foreseeable period.

Application Insights

Pressure sensitive applications emerged as the major market for adhesives and sealants in 2013. Construction is the second major market owing to increasing infrastructure development projects in Brazil. In addition, strong growth of end-use industries including packaging and automotive in this region is anticipated to fuel the market growth over the next five years. Increasing consumer’s spending on furniture in Brazil and Argentina coupled with upcoming Olympics event which is to be hosted in Brazil is anticipated to witness lucrative growth in furniture industry in this region. Growth in furniture is anticipated to fuel adhesives and sealants market in this region over the next five years.

Regional Insights

Brazil has been the largest market for adhesives and sealants over the past few years on account of strong growth of end-use industries such as automotive, construction and packaging among others. Rapid industrialization in Brazil is also the key factor to drive the market. Argentina and Mexico followed by Brazil are expected to witness considerable growth rates over the forecast period.

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Catalyst Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Catalyst - An Overview

A catalyst is a substance that speeds up a chemical reaction without getting consumed. Thus, it can be recovered in its original form at the end of the reaction. Catalysts are a necessary part of all chemical reactions in the industrial sector.

Market Drivers

The total volumes in the global catalyst market in 2013 were 6,250 kilo tons. They are expected to grow at a CAGR of 3.1% from 2014 to 2020. The market will be valued at USD 27 billion by 2020. It will mainly be driven by growing demand for energy.

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Catalysts are an integral part of petroleum refining. They are used in various refinery processes like hydroprocessing, cracking, and reforming. Rising environmental awareness is leading to the adoption of green technologies. Growing need for efficient industrial processes is contributing high demand for catalysts. Chemical synthesis is a key application of catalysts. Growth in the chemical manufacturing industry will also lead to higher demand for catalysts.

Market Challenges

Precious metals, an important raw material for catalysts, are subject to fluctuating prices. This poses a problem for the market. Rapidly depleting reserves of crude oil will adversely affect petroleum refining. This is also bound to hamper the demand for catalysts.

Segmentation

Products

The catalyst market is divided into homogeneous, and heterogeneous coatings, based on products. Homogenous coatings will witness high demand due to unique properties like high activity and diverse applications. Heterogeneous catalysts were the leading product in 2013. Their volumes surpassed 4,850 kilo tons that year. Stationery, chemical, polymer, and refinery are the main applications of the heterogeneous segment.

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Materials

Main raw materials in the catalyst market are metals, zeolites, chemical compounds, and others. Chemical compounds are split into adsorbents, chemical synthesis catalysts, polyolefins, and others. Chemical compounds are used in polymerization and chemical synthesis.

Chemical compounds accounted for more than 39% of the total demand in 2013. They are foreseen to grow the fastest, at a CAGR of 3.3%, over the next five years. They are cheaper than metals and zeolites. Zeolites and metals are widely used in the petroleum sector, especially in emission control. 

Applications

According to applications, the catalyst market is segmented into chemical, petroleum refining, environmental, and polymer industries. In the inorganic chemical industry, catalysts are incorporated into processes like the conversion of ammonia into nitric acid, Haber process, Contact process, etc.

Acidic catalysts are used in organic chemistry for benzene nitration, esterification, acid catalyzed hydrolysis of esters, etc. In the petrochemical sector, catalysts are used in isomerization, catalytic cracking, etc. Chemical synthesis, with volumes exceeding 1,780 kilo tons, was the leading application in 2013. This was chiefly due to growing demand for chemicals, especially in the Asian Pacific and Latin American markets.

Environmental catalysis is yet another important application. It contributed more than 28% to the total market volumes in 2013. Growing emphasis on the production of cleaner fuels and adoption of green manufacturing will create demand for environmental catalysis in the future. This segment will grow at the fastest rate, i.e. at a CAGR of 3.8% from 2014 to 2020.

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Geographies

The regions include Asia Pacific, Europe, North America, and ROW - rest of the world. Asia Pacific, with 33.5 % share in total volumes, was the leading market in 2013. It plays an important role in the overall growth of the market. Asia Pacific is also store to almost 31% of the global petroleum refining capacity.

The European catalyst market will be driven by strict environmental regulations imposed by the EU - European Commission and national governments. North America has the highest number of petroleum refineries. Consequently, several catalyst manufacturers execute their operations here. These factors will contribute added demand for North America.

Competitive Landscape

Some notable players in the catalyst market are UOP LLC, Zeolyst International Inc., INEOS Group Ltd., Evonik Industries AG, Johnson Matthey PLC., Exxon Mobil Corporation, BASF SE, Eka Chemicals AB., and E. I. du Pont de Nemours & Company. Other participants include Clariant International Ltd., Arkema Group, Air Products and Chemicals Inc., W.R. Grace & Company, and Chevron Corporation.

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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

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Felton, California 95018

United States

Phone: +1-800-489-3075

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