Fifth Wheel Coupling Market is expected to witness a CAGR of 6.0% from 2018 to 2028

Future Market Insights (FMI) has published a new report on the fifth wheel coupling market titled “Fifth Wheel Coupling Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” Growing focus on enhancing safety features and utilising tough materials for fifth wheel coupling is expected to escalate the rate of adoption in the global market. The players operating in the market have been channelizing efforts towards strengthening their distribution channels while also focussing on direct sales.

Meanwhile, implementation of new and advanced technologies to enhance product quality and compliance with government policies and regulations to meet emission standards may improve sales output in the global market. The companies operating in the market are strategically focussing on mergers and acquisitions to retain their position. For instance, in September 2016, SAF-Holland S.A acquired a 57.5% share in KLL, a manufacturer of trailers, trucks and buses. This is estimated to boost the market value share of the company in the global market. The other leading companies operating in the global fifth wheel coupling market are JOST Werke AG, Guangdong Fuwa Engineering Group Co., Ltd., Sohshin Co. Ltd., Zhenjiang Baohua Semi-Trailer Parts Co. Ltd., Fontaine Fifth Wheel, and Tulga Fifth Wheel Co., among others.

According to the report, the global fifth wheel coupling market is expected to witness a CAGR of 6.0% from 2018 to 2028. The market was worth US$ 534.0 Mn in 2017 and is projected to reach a valuation of US$ 1,007.7 Mn by the end of 2028.

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Use of Lightweight Material in Manufacturing to Increase Adoption of Fifth Wheel Coupling

The acceptance of advanced material technology in the manufacturing of automobile components escalates the load capacity as well as the strength of the component. The augmented load capacity of fifth wheel couplings leads to a rise in the productivity, which in turn is likely to bolster the growth of the fifth wheel coupling market over the years ahead. Furthermore, stern emission standards in countries such as Italy, the U.K., the U.S., and Germany are persuading automotive manufacturers to manufacture fuel efficient vehicles.

For achieving a fuel efficient economy, auto makers are trying to reduce the weight of vehicles and their components, which is expected to support the demand for lightweight automotive fifth wheel couplings in the coming years. These advanced material fifth wheel couplings are comparatively light in weight and are known to increase the durability and performance of vehicles. These characteristics are expected to bolster the growth of the fifth wheel coupling market during the course of the forecast period.

Growing Penetration of Forged Products to Hinder Market Growth in Developing Automotive Markets

The automotive fifth wheel coupling market has been pugnacious against sham products and the supply of components over grey market trading. The counterfeit products are dearth of quality standards and are a threat for the safety of both the passengers and the vehicle. This factor is likely to pose a grave challenge for the fifth wheel coupling market in the coming years. Moreover, this may cause a severe monetary slowdown of companies operating in the fifth wheel coupling market by upsetting their aftermarket sales. Any reduction in aftermarket sales is likely to adversely impact revenue growth of the fifth wheel coupling market.

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Plastic Waste Management Market Pegged to Register a CAGR of 3.9% During 2018 – 2026

PMR delivers key insights on the global plastic waste management market in its revised report titled ‘Plastic Waste Management Market: Global Industry Analysis 2013 – 2017 and Forecast, 2018 – 2026.’ The long-term outlook on the global plastic waste management market will remain positive with the plastic waste management market value expected to increase at a CAGR of 3.9% during the forecast period 2018 – 2026. According to the resin type, the thermoplastic segment is expected to register healthy growth during the forecast period with the generation of a high amount of plastic waste from industries. Based on the source of waste collection, the container & packaging segment is expected to witness a significant CAGR in terms of volume and value during the forecast period.

Sales of plastic waste management in the global market is estimated to reach US$ 33,681.2 Mn by the end of 2018, witnessing a Y-o-Y growth of 3.2% over 2017. North America and Europe are collectively expected to account for over a 2/5th share in the global plastic waste management market by the end of 2018 and retain their position in the plastic waste management market during the forecast period.

Global Plastic Waste Management Market Dynamics

Growing end user demand for a higher content of recycled plastic in bottles is expected to boost the growth of the plastic waste management market over the forecast period. Utilization of recycled content in packaging reduces the environmental footprint of the package and incentivizes recycling. Various brand owners have shown strong commitment towards utilizing post-consumer recycled content in their products and packaging solutions, while ensuring that their products are compatible to be recycled with existing products.

Limited market communication and value chain coordination is expected to be the key factor restraining the growth of the global plastic waste management market over the forecast period. The plastic waste value chain is highly fragmented and comprises various sectors, diverse and often mutually exclusive range of polymers and diversity in potential end-uses. The quality and quantity of the material flowing though the value chain is limited by coordination and lack of communication along the value chain.

Utilization of plastic waste for the construction of roads is one of the key trends identified in the plastic waste management market across the globe. Various organizations across the globe are focusing on the development of plans to build houses utilizing plastic bottles to provide environment-friendly houses.

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Global Plastic Waste Management Market Forecast

On the basis of resin type, market insights suggest that the thermoplastic segment will continue to dominate the plastic waste management market during the forecast period followed by thermosetting segment.  On the basis of nature of service, the processing segment followed by disposal segment is projected to dominate the plastic waste management market in terms of values and volumes during the forecast period. On the basis of source of waste collection, packaging & container segment to remain dominant throughout the forecast period in the global plastic waste management market.

The North America Plastic Waste Management market is dominate the global plastic waste management market throughout the forecast period. The rest of Europe is expected to dominate the Europe plastic waste management market, owing to the landfill ban across various countries in the region. The India plastic waste management market is expected to register the highest growth over the forecast period.

Global Plastic Waste Management Market: Competitive Landscape

Some of the market participants included in the report are B. Schoenberg & Co., Inc., Advanced Environmental Recycling Technologies, Inc., Replas, Clear Path Recycling, PLASgran Ltd., Custom Polymers, Inc., CarbonLITE Industries, Luxus Ltd., wTe Corporation, KW Plastic, Inc., Kuusakoski Group, Shanghai Pret Composites Co., Ltd., Republic Services, Inc., Reprocesses Plastic, Inc., 4G Recycling Inc., Vanden Global Ltd., TerraCycle, The WasteCare Group and Veolia Environmental SA.

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Global Refractories Market expected to increase at a CAGR of 4.2% over 2018 – 2026

Persistence Market Research delivers key insights on the global refractories market in its latest publication. The long-term outlook on the global refractories market remains positive, with market value expected to increase at a CAGR of 4.2% over the forecast period (2018 – 2026). Among product forms, the monolithic & other unshaped segment is expected to expand at a higher CAGR in terms of value over the forecast period. Global sales of refractories is estimated to be valued at US$ 29,467.3 Mn by the end of 2018. China is estimated to account for a value share of 53.6% in the global refractories market by 2018 end and is anticipated to retain its dominance throughout the forecast period. In this report, Persistence Market Research throws light on the drivers and restraints likely to impact growth of the refractories market during the forecast period.

Market Dynamics

The global refractories market is greatly influenced by the use of refractories in a diverse range of industries involved in the manufacture of steel, cement, nonferrous metals, glass and others. The steel segment accounts for a high market share in terms of value as compared to other end-use industries, on account of the higher demand in terms of volume for refractory products. Moreover, growth in the steel and cement industries is expected to influence the refractories market positively, marking high market shares of the applications, although the growth rate for the glass segment is the highest. The developments in various end-use industries are expected to create strong growth opportunities for the refractories market. Geographical expansions in new regions in the form of creating sales & distribution networks and establishing local manufacturing infrastructure could provide stability as well as growth opportunities for manufacturers in terms of revenue generation.

However, the global refractories market is expected to face some challenges. Factors such as high dependency of refractory manufacturers across the globe on raw material imports from China, and the subsequently volatile scenario of the Chinese refractory raw material producing industry could adversely impact the operations of refractory producers, thereby restricting revenue growth of the global refractories market.

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Segmentation Analysis

The refractories market is segmented on the basis of product form, such as monolithic & other unshaped, and bricks & other shapes. It is also segmented on the basis of refractory mineral used, such as bauxite, alumina, kaolin, magnesia, graphite & zircon. It is further segmented on the basis of end-use industry, such as steel, cement, nonferrous metals, glass and others.

On the basis of refractory mineral, bauxite is anticipated to continue to dominate the market in terms of value over the forecast period. Magnesia is estimated to grow at a CAGR of 5.7% over the forecast period and is expected to represent total incremental opportunity of US$ 277.9 Mn between 2018 and 2026

The glass segment by end-use industry is projected to grow at a CAGR of 5.1% in terms of value. The steel segment is anticipated to continue its dominance in the global market in terms of value over the forecast period

Regional Market Projections

China is the leading market for refractories estimated to account for around 31.9% market share in terms of revenue in the global refractories market by the end of 2018. The Latin America and Middle East & Africa (LAMEA) region is anticipated to expand at a moderate CAGR in the refractories market through 2026. The China refractories market is projected to consistently hold significant market share in terms of value in the global refractories market during the assessment period, exhibiting a growth rate of 7.7%. Consumption of refractories in China is expected to increase to 2,043 tons by 2026 end.

Vendor Insights

The report features some of the top companies operating in the global refractories market such as Vesuvius plc, RHI Magnesita, Krosaki Harima Corporation, Chosun Refractories ENG Co., Ltd., Calderys Refractories Limited, Compagnie de Saint-Gobain S.A., Refratechnik Holding GmbH, etc. Top market players have been focusing on effective sales and distribution strategies and acquisitions of small and established players to strengthen their presence in the global refractories market.

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Automotive Cabin AC Filter Market is expected to reach US$ 3,738.2 Mn by 2024

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

Market dynamics

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

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Market highlights

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

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

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

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

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Vendor details

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

Offshore Support Vessel Market to Register Substantial Expansion of US$ 22,746.7 Mn by 2026

Persistence Market Research (PMR) has published a new market research report on offshore support vessel services. The report has been titled “Offshore Support Vessel Services Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026.” As one of the important international trades in the world, seaborne transportation is estimated to play a pivotal role in global industrialization and progression, authorizing the transportation of very large volumes of processed and raw materials as well as water, food and other products. As per the data collected from the SAE Europe Shipyards & Maritime Equipment Association, the sea borne trade growth rate is sluggish as compared to the long-term historical average.

Global sea-borne trade configuration is estimated to be potentially influenced by planned and current initiatives such as the “One Belt, One Road Initiative”, the partnership for quality infrastructure and the expansion of the Panama and Suez Canals. The growing cross border e-commerce and technology advancement coupled with the industrial revolution in developing countries have further reshaped sea-borne trade and maritime trade patterns and in turn will drive global sea-borne trade growth over the forecast period. As a result, leading companies are venturing into partnerships in order to stay competent in the global market. For instance, in September, 2017, M3 Marine Group Pte Ltd. signed a partnership with PT ROV Inspeksi. The main aim of the partnership is to create asset integrity and to enhance their collective capabilities in the offshore marine surveying and inspection arena. The new company offers remote inspection (ariel, underwater and confined space) and inspection services for both onshore and offshore marine projects & assets. Other companies operating in the global offshore support vessel services market are BOURBON Corporation, Vroon Offshore Services Pte Ltd., Pacific Radiance Ltd, Swire Pacific Limited, and Bumi Armada Berhad, among several others.

According to the report, the global offshore support vessel services market is expected to witness a CAGR of 8.9% from 2018 to 2026. The market is expected to touch US$ 11,472.8 Mn by 2018 and further expand to a valuation of US$ 22,746.7 Mn by the end of 2026.

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Burgeoning Natural Gas Exploration to Boost Market Development

Over the years, the high level of emission from power industries and automobiles have made it obligatory to find an alternative for conventional fuels, such as coal and other petroleum-based fuels. As a result, several major consumer countries, such as Japan, ASEAN Countries, U.S. and European countries, have shown willingness to adopt natural gas, which is an effective alternative with reduced emission and is also abundant in nature. Countries such as Australia, Qatar, and Norway have increased the export of natural gas considerably. Demand for LNG is expected to witness significant growth over the forecast period. The global LNG trade was pegged at around 244.8 MT in 2015, an increase of nearly 4.7 MT than that in 2014. Countries such as Egypt, Jordan, Poland and Pakistan entered the LNG import market in 2015. Several new liquefaction and regasification terminals that will accommodate bulk storing and processing facilities are under construction in Europe, Asia Pacific, and the Americas and are expected to start operating during the forecast period.

Labor Constraints Pertaining to Ecology and Technology to Challenge Market Growth

The growing share of ultra-deep offshore oil production will comprise tailor-made projects adapted to site conditions and characteristics of the reservoir. Industrialization and lowering of costs in deep water are big technical challenges. For production vessels and other marine projects, the development of subsea processing is expected to be more complex. Moreover, lots of work to qualify equipment and materials will be required for managing the ecological risks. Shipbuilding companies involved in the offshore sector are required to build quality employment, minimize negative environmental impact and advance the interest of the society as a whole. Moreover, the issue of promoting equity can be addressed with all-inclusive industrial policies and social programs. This would also allow workers to take advantage of the change.

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Air Treatment Product Market is anticipated to increase at a CAGR of 11.2% over the forecast period 2016–2024

Persistence Market Research delivers key insights on the air treatment products market in its latest report titled “Global Market Study on Air Treatment Products”. Global sales of air treatment products are estimated to be valued at US$ 35.6 Bn by 2016 end, witnessing a Y-o-Y growth of 8.3% over 2015. Air purifier segment is expected to continue to account for a major share in the air treatment products market throughout the forecast period, to account for 84.1% by 2024.

Demand for energy-efficient and cost-effective solutions is expected to increase over the forecast period. By product type, air purifier segment is expected to continue to dominate the market in terms of value and volume share throughout the forecast period. Changing climatic conditions and increasing air pollutants such as particulate matter (PM2.5, PM10), smog, and harmful gasses have led to increasing incidence of long-term respiratory diseases and premature deaths. Such factors are expected to increase demand for air treatment products throughout the forecast period. However, lack of consumer awareness and high prices of products are factors leading to the low adoption of air purifiers, especially in developing countries.

On the basis of application, the commercial segment accounted for the largest market value share in 2015. The commercial segment in the global air treatment market is expected to be valued at US$ 14.0 Bn by 2016 end, registering Y-o-Y growth of 8.5% over 2015.

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North America is the largest market for air treatment products. The market in the region is estimated to be valued at US$ 13.7 Bn by 2016 end. The air treatment products market in Asia-Pacific is anticipated to expand at a significant CAGR of 17.2% in terms of value over the forecast period (2016–2024). Increasing air pollution in Asia Pacific, especially in China and India, is expected to drive demand for air treatment products during the forecast period.

Key players in the global air treatment products market include Atlas Copco AB, Samsung Electronics Co., Ltd., LG Electronics Inc., Panasonic Corporation, Sharp Corporation, Honeywell International Inc., and De’Longhi S.p.A. Major players in the market are focusing on the production of cost-effective and energy-efficient products in order to increase sales in high potential cost-sensitive markets in Asia Pacific.

Implementation of stringent ozone emission norms and safety regulations across various countries worldwide is expected to influence air treatment products manufacturers to focus on innovation and launch products in order to retain their position in the market.

Long-term Outlook: The long-term outlook for the global air treatment products market remains positive, with the market value expected to increase at a CAGR of 11.2% during the forecast period.

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Water Wastewater Pipe Market to Reflect Impressive Growth Rate of 6.4% CAGR During 2017-2025

An opportunity analysis of the global water and wastewater pipes market reveals several interesting insights. Firstly, increasing infrastructure development in North America has led to potential growth opportunities in the pressure and drainage pipes market owing to aging infrastructure and increasing replacement of existing pipes. Further, rising demand for water management and water withdrawals for surface and ground water may also impact the growth of the pressure and drainage pipes market. Also, laying of new pipelines along the North America border crossing points of electricity and oil and natural gas pipelines will further fuel the growth of the pressure and drainage pipes market in the region. Insights like these along with other useful information on the global water and wastewater pipes market can be found in a newly published report by Persistence Market Research titled “Water and Wastewater Pipes Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025).”

Global Water and Wastewater Pipes Market: Forecast

According to Persistence Market Research analysis, the global water and wastewater pipes market is estimated to be valued at US$ 24,381.2 Mn in 2017 and this is anticipated to increase to US$ 39,997.2 Mn by the end of the forecast period in 2025. This reflects a CAGR of 6.4% during the forecast period 2017 to 2025.

Global Water and Wastewater Pipes Market: Forecast by Material Type

The global water and wastewater pipes market is segmented on the basis of material type into Concrete, Steel, Ductile Iron, Clay, and Plastic (PVC, cPVC, HDPE, PP, Others (LDPE, ABS, Fiberglass)). Plastic will remain the dominant segment in this category throughout the forecast period. In terms of volume, the Plastic segment is estimated to be pegged at 14,411 KT in 2017 and this is anticipated to increase to 22,748 KT by the end of 2025, witnessing a CAGR of 5.9% during the assessment period.

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Global Water and Wastewater Pipes Market: Forecast by End Use

The global water and wastewater pipes market is segmented on the basis of end use into Municipal, Industrial, and Agricultural. Municipal sector is projected to dominate the global market with a value share of more than 40% throughout the forecast period. Demand for water and wastewater pipes from the Municipal sector is likely to gain traction in the next five years, leading to continual growth till the end of 2025 with a growth rate of 6.3%. The Municipal and Industrial sectors are expected to create incremental $ opportunity worth around US$ 1 Bn by 2025.

Global Water and Wastewater Pipes Market: Forecast by Application

The global water and wastewater pipes market is segmented on the basis of application into Water Supply & Distribution and Wastewater Management. The Wastewater Management segment is projected to gain significant market share and will remain a high growth segment during the forecast period, registering a CAGR of 6.7% in terms of value. The Water Supply & Distribution segment is projected to create total incremental opportunity of US$ 7,112.2 Mn between 2017 and 2025; while the Wastewater Management segment will create incremental opportunity of US$ 7,432.0 Mn between 2017 and 2025.

Global Water and Wastewater Pipes Market: Forecast by Pipe Size

The global water and wastewater pipes market is segmented on the basis of pipe size into Below 12 inch, 12-24 inch, 24-48 inch, and Above 48 inch. The 12-24 inch segment is the largest segment with a market share of more than 30% throughout the forecast period. This segment will grow at a robust rate over the assessment period with an estimated CAGR of 6.4% in terms of value. The 12-24 inch segment is projected to create incremental opportunity worth US$ 4,692.8 Mn between 2017 and 2025.

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Global Water and Wastewater Pipes Market: Regional Analysis

Persistence Market Research tracks the performance of the global water and wastewater pipes market across the key regions of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is the largest regional market for water and wastewater pipes, with a projected market share just under 48% by the end of 2025. North America is the second largest market with an estimated market share of nearly 24% by the end of the forecast period in 2025. Asia Pacific and North America are estimated to grow at higher rates as compared to other regions and the annual growth rates for these two regions are expected to be in the range of 6% - 7%.

Global Water and Wastewater Pipes Market: Vendor Insights

The report profiles some of the key players operating in the global water and wastewater pipes market such as Aliaxis Group S.A., JM Eagle, Inc., Tenaris S.A., Vallourec S.A., Welspun Group, Georg Fischer Ltd., GERDAU S.A., ThyssenKrupp AG, Atkore International Group Inc., ISCO Industries, Advanced Drainage System, ArcelorMittal S.A., Tata Steel Limited, Nippon Steel & Sumitomo Metal Corporation, Can Clay Corporation, Mexichem SAB de CV, Sekisui Chemical Co., Ltd., Nan Ya Plastics Corp., Formosa Plastics Corporation, China Lesso Group Holdings Ltd., Wienerberger AG.

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Global Sales of Absorption Chillers Pegged to Surpass US$ 2,000 Mn by 2025

The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s latest report delivers key insights for the future of global absorption chillers market, excerpts from which highlight that by the end of 2025, more than US$ 2 Bn worth of absorption chillers will be sold throughout the globe. Apropos the report, titled “Absorption Chillers Market: Global Industry Analysis and Forecast, 2017-2025,” the demand for absorption chillers will surge as the market, which is presently valued over US$ 1,200 Mn, is anticipated to grow at a robust CAGR of 6.3%. The report also projects that Asia-Pacific will be observed as the largest market for absorption chillers in the world. Through 2025, close to one-third value of global absorption chillers market will be attributed by sales in Asia-Pacific. Middle East & Africa (MEA) also appears to be a lucrative report for growth of absorption chillers market. During the forecast period, revenues arising from absorption chillers sales in MEA region are anticipated to surge at fastest rate of 7%. The report has also compiled factors instrumenting this growth of absorption chiller sales across various regions. Firstly, the global demand for non-electricity driven applications is increasing. Absorption chillers powered by solar-power technology are becoming more compatible for large chilling applications. Their demand is also gaining traction as solar-powered absorption chilling systems provide maximum cooling performance at minimal power consumption, thus reducing the impact of conditioning systems on spiking power bills during summers. Request Sample Report @ https://www.persistencemarketresearch.com/samples/3537 Additionally, the demand for absorption chillers is also expected to grow on the account of their extensive use to cool down hot inlet temperatures of turbines & engines. Absorption chillers are the perfect solution to utilize undue heat generated from the turbines for powering chillers at negligible fuel costs. Companies manufacturing absorption chillers are also estimated to benefit from rising adoption of absorption chiller by end-use industries in order to comply with industrial norms for environmental sustainability. The report has profiled leading manufacturers of absorption chillers, which include Broad Air Conditioning Co. Ltd., Thermax Inc., Shuangliang Eco-Energy Systems Co. Ltd., Carrier Corporation, EAW Energieanlagenbau GmbH, Trane Inc., Kawasaki Thermal Engineering Co., Ltd., Johnson Controls, Inc., Hyundai Climate Control Co., Ltd., Robur Corporation, and Yazaki Corporation. Global Absorption Chillers Market: Key Research Findings    With nearly 85% share, double stage absorption technology will dominate the market revenues by 2025-end    Li-Br (Lithium Bromide) absorbers will also have a similar contribution to global sales of absorption chillers, accounting for more than 90% of revenues throughout the forecast period    On the basis of power source, direct-fired absorption chiller will dominate the market revenues, while in-direct fired absorption chillers will incur a value CAGR of 6.5%    Industrial application of absorption chillers are poised to account for 88% of the market revenues, while demand for non-industrial applications will incur a spurt in terms of revenue growth post-2022 Request Report Methodology@ https://www.persistencemarketresearch.com/methodology/3537

Pyridine Market to Register Substantial Expansion of US$ 1,741.4 Mn by 2025

According to a new market report published by Persistence Market Research, titled “Global Market Study on Pyridine: Increasing Demand for Synthetic Pyridine to Drive Growth During Forecast Period 2015 -2025 ”, the global pyridine market is estimated to reach US$ 1,741.4 Mn by 2025 from US$ 786.4 Mn in 2015.  

Pyridine is a toxic and soluble flammable liquid base with a distinct, strong odor. It is often considered the parent compound of several naturally occurring organic compounds. It is the preferred choice as a precursor to agrochemicals and pharmaceuticals. Initially, pyridine was extracted from coal tar or obtained as a by-product of coal gasification. The process was very expensive and inefficient as coal tar constituted only 0.1–0.2% of pyridine after extraction. Currently, pyridine and its derivatives are produced synthetically. The most commonly used reactions for pyridine synthesis are Chichibabin synthesis, Bönnemann cyclization, and Cobalt-catalyzed alkyne-nitrile cyclotrimerization, etc.

By region, the market in Asia Pacific has been estimated to account for 51.6% volume share of the overall pyridine market by 2015 end, followed by Europe and North America. Due to increase in usage of pyridine and its derivatives in agrochemicals and pharmaceuticals segments in Asia Pacific, the pyridine market in the region is projected to expand at a higher than average CAGR of 9.9% over 2015–2025 in terms of revenue. The U.S. pyridine market, which has been estimated to account for 89.5% revenue share of the overall market in North America by 2015 end, is expected to be driven by increasing adoption of pyridine and its derivatives in chemicals and pharmaceuticals segments. The pyridine market in the Middle East & Africa is estimated to register increased revenue due to a growth of pharmaceuticals and chemicals segments in the region. Europe market is anticipated to witness lower revenue growth in the coming years as compared to other regions due to the economic downturn in the region.  

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Globally, pyridine N-oxide segment volume is estimated to expand at a lower than average CAGR of 7.4% over 2015–2025. Demand for 2-Methyl-5-Ethylpyridine (MEP) and gamma-picoline is expected grow significantly due to increasing application of these product types in chemicals segment. Alpha picoline finds wide application as a solvent in chemicals, pharmaceuticals, and food industries. The segment is projected to exhibit moderate growth over the forecast period. Key growth contributor for alpha picoline segment is 2-vinylpyridine, which is used as a raw material for styrene-butadiene-2-vinylpyridine terpolymer latexes (SBV latexes). Beta picoline is used to produce Vitamin B3. In terms of value, beta picoline segment is projected to experience significant growth rate over the forecast period. This is mainly attributed to rising demand for niacin in developing regions such as APAC and Middle East & Africa.

Asia Pacific is the most attractive region in terms of CAGR and market share in the global pyridine market. India has been estimated to account for 24.4 % of the total APAC pyridine market by 2015 end due to expected increase in domestic pyridine production by 40%. In terms of value, gamma-picoline segment is expected to experience the highest growth rate during the forecast period in the Asia Pacific market. The Middle East & Africa accounts for the smallest market share. However, it is expected to expand at a CAGR of 9.9% in terms of value over the forecast period. Food segment is expected to expand at the highest CAGR in terms of volume during the forecast period in the Middle East & Africa market. Pyridine manufacturers are strengthening their presence in the regulated markets of Japan, North America and Europe as well as in key emerging markets. They are also focusing on local tie-ups and out-licensing of local companies in order to strengthen their regional presence.

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Accumulator Piston Market Detailed Analytical Overview by 2025

Accumulator pistons are mainly used for regulating the performance and operation of the hydraulic system. Accumulator piston consists of following parts gas valve, end cap safety device, end cap piston, sealing system cylinder ,extended seal ,end cap safety device and fluid connection. Fluid section of accumulator piston is connected to the hydraulic circuit so that piston draws in a fluid and pressure is increased, this will cause compression of gases. Accumulator pistons are energy storing device under very high pressure. Accumulator pistons are suitable for flow fluctuations, dampening pump pulsation and absorbing hydraulic shocks. Accumulator pistons is applicable for long service life, maximum efficiency and dependable performance.

Accumulator piston Market: Dynamics

The major driving factor of accumulator piston is oil and gas industry because demand of crude oil is significantly increasing year by year. Another industries that drives the accumulator piston market are industrial hydraulic power units, machine tool industry, automotive industry and marine &offshore industry. Some strict rules and regulations set up by the several governments for safety purposes, which also drives accumulator piston market. There are some restraining factors of accumulator piston market are such as, volatile pricing of piston also affects the market and large volume covered by piston. Regular monitoring of piston position and pre back up configuration are also restraining factors. Other restraining factors are to withstand with very high volumetric ratio and rapid discharge of fluid is also a serious cause. There are some opportunities of accumulator piston such as, in power generation sector this pistons can be used for energy management, other sectors are mining, mobile construction, agricultural and railway & road transportation. There are some latest trends in accumulator pistons are such as,nowdays accumulator pistons comes with temperature tolerance system, sensors which acts as a monitoring unit and high compensation ratio is maintained in pistons.

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Accumulator piston Market: Segmentation

Based on the type accumulator piston market is segmented:

Simple accumulator piston

Compact accumulator piston

Cylindrical accumulator piston

Based on the application accumulator piston market is segmented:

Industrial hydraulic power units

Machine tools

Automotive

Marine & offshore

Oil and gas industry

Renewable and wind energy

Power generation

Mining

Transport rail & truck

Mobile construction & agriculture

Accumulator piston Market: Regional Overview

The global accumulator piston market is divided geographically into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). North America is major region in an accumulator piston market in terms of application and revenue sharing, because many drilling activities are going on in this region. Followed by North America, MEA is expected to grow relatively at a higher CAGR during the forecast period since the use of accumulator piston in many industries. The global accumulator piston market in Japan is well established and expected to grow at average CAGR over the forecast period. Europe and Latin America are expected to expand at sluggish growth rate due to lack of technology advancement in this region.  

Accumulator piston Market: Regional Segmentation

The growth of accumulator piston market in MEA is very high due to many developing countries in this region and oil & gas industry is significantly growing year by year. Overall, the global market for accumulator piston market is expected to grow significantly by the end of forecast period. Accumulator piston market in MEA is rapidly growing due to developing economic conditions, huge population, big investment market and many manufacturing companies boosting this market. Accumulator piston market is growing in this region because application of accumulator piston is increased in various industries such as hydraulic power, automotive, transportation and power generation.GCC and Turkey are major countries which shows significant growth in accumulator piston market and in forecast period this countries shows very positive increment.

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Accumulator piston Market: Key Players

Bosch Rexroth AG

Eaton Corporation

Parker –Haniffin Corporation

Tobul Accumulator Inc.

Nippon Accumulator Co. Ltd.

Accumulator Inc.

Airmo Inc.

Bolenz and Schafer GmBh

Pressure Technologies

Hydril pressure control

Hannon Hydraulics

Hydac international GmBh

Test Socket Thermal Solutions Market Prophesied to Grow at a Faster Pace by 2025

Global Test Socket Thermal Solutions Market: Overview

Test Socket Thermal Solutions are used in the semiconductor industry for the testing of ICs (Integrated Circuits) Test Sockets are located in the master socket .It is the point between the internal and the external wiring by connecting directly on the main line. It bypasses the line and can test directly on the mainline. For its test and burn-in socket line of products it uses thermal profile software and conduct an elaborate analysis on thermal analysis suited to each customer’s requirement. The choosing of the test socket depends on the performance of a device during testing where electrical bias and signals are applied. Operating are required. It is necessary to get the best advice and select the best test socket thermal solutions system suited to the test needs; which can assure a high level of performance that will withstand even the toughest test environments.

The software helps in analyzing all the necessary parameters in the socket or the test environment and arrive at the correct heating or cooling combination that is necessary to achieve the best performance in the application, which helps the socket to be thermally perfect before it’s placed for final use. In order to ensure the products have the highest level of reliability, thermal management is an important factor for test socket thermal solutions market. When power is applied to the test socket thermal solution device, heat is generated. This heat generated requires to be dissipated to the air before it exceeds its maximum allowed temperature of the silicon die. Before its use in final products, the Integrated Circuits need to be characterized thermally. Test socket thermal solution systems are used for connecting ICs to the characterization system. A socket which is designed with heat sinks, liquid pipes, fans etc., and control systems, can be used for proper thermal solutions which can be a boost for the test socket thermal solutions market.

The drivers of the test socket thermal solutions market are:

The Test socket thermal solutions market is showing growth over the years. The adaptor is specific to the test socket thermal solution. It has condensation control – dry air purge It can accommodate the device in the test socket as well as in a soldered device which is a unique factor of the test socket thermal solutions market. The test socket thermal solution is portable, fluid free operation, Ultra-quiet operation doesn’t require much maintenance. It has the latest design tools, on site modelling, advanced analysis, Custom design, expert modeling design and customization. The restraints of the test socket thermal solutions system is that it consumes a large amount of heat.

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Description of the test socket thermal solutions system:

The main parts of the test socket thermal solutions system are the controller, the plunger and the adapter. The test socket thermal solution system has integrated compressor for cooling. The test socket thermal solutions system has a touch screen for imputing the parameters. Plungers are designed in such a way as to accommodate a particular IC size and are attached to the thermal head. Adapters are custom designed as well to interface the thermal head with plunger to the specific IC socket. In addition to heating or cooling the plunger surface, the thermal controller has constant feedback from the plunger to monitor the temperature and supply the necessary electrical input to accurately control the temperature. The main function of thermal head with the plunger is to transfer heat to the IC device. The thermal head along with control system precisely control the temperature of the IC while it is being tested. The thermal head with the plunger and adapter replaces the actual socket lid on top of the test socket.

The test socket thermal solutions can be segmented on the basis of type:

Burn-In Sockets

High-Power Thermal Sockets

Custom Burn-In Sockets

Test Sockets

The test socket thermal solutions market can be segmented geographically:

Rest socket Thermal Solutions market can be segmented as per sector:

Defense

Guidance

Automotive

Space Exploration

Test socket Thermal Solutions are segmented as per usage:

High Current: Multiple sockets can be added to the test socket thermal solutions system.

Optical Access: It is designed to accommodate digital camera sensors and other package styles.

Radiation Hardening: It has sockets for different packaging styles.

Small Footprint: They are made to have the smallest footprint, which increases the number of sockets on board and thus increases the throughput running through each device, which is a huge advantage to the test socket thermal solutions market.

The test socket thermal solutions market has scope for growth because of the following factors:

24/7 global engineering, Local engineering & sales, 24/7 global support teams Six Sigma quality management, Proven, reliable high-volume manufacturing. The test socket thermal solutions market has scope for growth because of the need for quality control and stringent measures.

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The major players in the test socket thermal solutions market are:

Ironwood Electronics,inTest Thermal Solutions,Yamaichi Electronics,USA,Sensata,3M,Aries Electronics,Protos Electronics,

Attenuator Cables Market Prophesied to Grow at a Faster Pace by 2025

Today, the electronics industry plays an important and main role in facilitating the progress of most nations. The industry has grown substantially and strongly over the past few decades. During the early years of the electronics industry, some of the world’s top electronic companies established their plants in Asia, particularly in ASEAN (Association of South East Asian Nations) countries where a large pool of skilled workers was available to operate at very competitive prices. With the entry of large players in ASEAN countries, such as Singapore, Thailand, Philippines and Malaysia, the region has become an export hub.

An attenuator is an electronics device which helps in reducing power or amplitude without appreciably distorting the waveform. An optical attenuator is a passive device used to control the power of an optical signal, either within an optical fiber or in a free space. Attenuators are generally used when the signal coming at the receiver end is too strong and is thus capable of overpowering the receiving elements. Some devices, such as video camcorders and low priced analog cassette recorders, do not have line inputs. In these devices, attenuator cables are used to filter sound.  Attenuator cables help in reducing the optical signal power of optical devices. Many people think that the power of optical signals is higher the better. Thus, in most cases, people use fiber amplifiers to increase the power of optical signals.

Attenuator Cables Market: Dynamics

Increasing demand for attenuation from ultrasound and telecommunication sectors is spurring demand in the attenuation cables market. In these sectors, attenuators help in determining signal strength as a function of distance. However, attenuator cables cannot be used between a set of recorders and microphones, if microphones are powered by recorder's mic input (called plug-in power). This particular factor may hamper the growth of attenuator cables market.

Attenuator Cables Market: Regional Outlook

Theglobal attenuator cables market is divided into key regions (seven): Eastern Europe, Western Europe, Latin America, North America, Japan, Asia Pacific Excluding Japan (APEJ) and Middle East & Africa (MEA). APEJ holds the highest share among all regional electronics production centers and is followed by USA, Europe, Japan and others. A large number of manufacturing companies located in high cost locations, such as Canada, USA, Western Europe and Japan, are setting their production plants in Asia Pacific countries owing to the low manufacturing cost in the region.

The Latin America is considered as one of the key market for attenuator cables because of increasing demand for video camcorders. The Western Europe region will also register rapid growth owing to the presence of major electronics companies in the region. MEA is also anticipated to witness a steady growth rate over the forecast period. Over the years, attenuator cables continued to have strong prospects for growth and market penetration. On the other hand, there are new opportunities to profit from increased customer services needs among major brand. APEJ increasingly become a key center for global brand developments and innovation, making an ideal place to develop new technology and enhancing products. The North America region is seeing a significant volume of new investment both from the both new entrants and traditional major player.

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Attenuator Cables Market: Segmentation

On the basis of sound, the attenuator cables market can be segmented into:

Less than 10 db

10 to 20 db

More than 20 db

On the basis of material, the attenuator cables market can be segmented into:

Fiber Optic Cable

Coaxial Cable

Others

On the basis of end-user, the attenuator cables market can be segmented into:

Telecommunication

Medical

Personal Use

Others

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Attenuator Cables Market: Market Participants

Examples of some of the market participants identified in the Attenuator Cables market across the globe are:

Meca Electronics Inc.

Heliax

Atlan TecRF

Fibertronics Inc.

Fairview Microwave Inc.

Shilpi Cable Technologies Limited

Smiths Group

Hasco, Inc.

Circuit Foundry LLP (Attenuator Manufacturer)

Koma Electronik

StromKult

Naval Vessels Mro Market Gain Impetus due to the Growing Demand over 2017 - 2025

Naval Vessels maintenance repair and overhaul (MRO) is the process of restoring a naval vessel to a state in which it can perform its optimum best. Usually the naval vessels MRO market includes overhauls, maintenance, inspections, routine checks, repairs and modifications carried out on a vessel and its components to extend the life of a ship. Naval vessels are subjected to periodic maintenance throughout their lifecycle. The infrastructure and facilities required for maintenance at any time depend upon the platform and the type of repair work to be undertaken. Moreover, naval vessels MRO has become even more important in recent times due to the reduction in military expenditures by numerous countries and the slowdown being witnessed in governments’ ability to make buying decisions. Various governments are focusing on strengthening their naval fleet structure by collaborating with private service providers whom they entrust with maintenance and repair services. However, there are only a handful of privately held companies which provide naval vessels MRO services. Fortunately, governments of numerous countries provide incentives to such players in order to sustain in the market and keep the effective services afloat.

Naval Vessels MRO Market: Dynamics

The naval vessels MRO market is driven by increasing demand for outsourcing of MRO services. Outsourcing of MRO services lowers the maintenance cost significantly alongside improving efficiency. This creates opportunities for private players to collaborate with governments and offer naval vessels MRO services. This is anticipated to promote augmentation of naval vessels MRO market in the coming years. Moreover, many countries are spending on naval vessels MRO and retrofits and upgrades as it is a more cost effective alternative to the acquisition of new naval vessel fleets. This is one of the prime reasons which is anticipated to promote the growth of naval vessels MRO market in the coming years. Moreover, with the aging of naval fleet, the demand for repair and maintenance services is anticipated to increase significantly. This will further give the necessary boost to the naval vessels MRO market in the coming years. Furthermore, the key market players in the market are focusing on introducing innovative technologies to enhance the life of naval vessels. This will further increase the demand for naval vessel MRO services over the assessment period.  

Naval vessels usually require regular maintenance services. Unfortunately, this increases the cost of maintenance. Furthermore, the initial cost of maintenance and repair of a naval vessel is usually on the higher side. Moreover, the requirement of skilled labor for performing required maintenance services is a must. This puts burden on service providers, which could derail the growth of the naval vessels MRO market in the coming years. A growing trend in the market is the use of 3D printing technologies to convert electronics directly into 3D surfaces.

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Naval Vessels MRO Market: Segmentation

On the basis of type of vessel, the naval vessels MRO market is segmented into:

Corvettes

Submarines

Destroyers

Frigates

Others(aircraft carriers and maritime patrol vessels)

On the basis of type of MRO, the naval vessels MRO market is segmented into:

Component MRO

Engine MRO

Regular Maintenance MRO

Dry Dock MRO

Naval Vessels MRO Market: Regional Outlook

North America is anticipated to dominate the naval vessels MRO market in the coming years. This can be attributed to increasing collaboration between governments and private entities to reduce maintenance cost. Moreover, many countries of the Asia Pacific region are collaborating with other countries of Europe and North America to increase their naval fleet size. This would create opportunities for numerous players to grab the untapped opportunities and give a boost to their revenue stream.

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Naval Vessels MRO Market: Key Participants

Examples of some of the market participants identified across the value chain of the Nasal Vessels MRO market are:

Northrop Grumman Corporation

General Dynamics Corporation

BAE Systems Inc.

Lockheed Martin

Huntington Ingalls Industries

URS Corporation

Raytheon Company

Saab AB

Rockwell Collins

Elbit Systems Ltd.

Chidambaram Shipcare Pvt Ltd.

V Group Limited

Military Gas Mask Market to Witness a Pronounce Growth During 2017 - 2025

Military Gas Mask Market: Introduction

Military Gas Masksare masks used to prevent users from toxic gases and airborne pollutants. These masks not only form a cover over a user’s mouth and nose, but also cover eyes and other soft tissues on the face. The toxic materials may be gaseous in nature, such as chlorine and other poisonous gases, or particulates, such as viruses, bacteria and other biological agents developed from weapons. Most of the military gas masks are designed in such a way that they protect a user from all kinds of toxic materials. A military gas mask usually consists of transparent eye lenses, a flexible face covering piece, straps and filter cartridge canisters. Usually, depending on their use, military gas masks are either full face or half face type. Manufacturers are focusing on introducing new and improved military gas masks with flexible polyurethane lenses with a wide field of vision, with the facepiece made up of durable and soft rubber material. This will further increase the demand for military gas mask in the coming years, which would, in turn, create opportunities for augmentation of military gas mask market over the assessment period.

Military Gas Mask Market: Market Dynamics

With increasing advancements in warfare technology, the weapons being used increasingly include biological and chemical agents, which increase the risks for soldiers. Moreover, ongoing unrest in numerous countries across the globe is anticipated to increase the demand for effective soldier protection equipment considerably over the coming years. Growing tensions between countries and domestic terrorism will further magnify this warfare. This is anticipated to increase the demand for military gas masks over the assessment period. Moreover, growing use of chemical weapons in warfare techniques is compelling the government of numerous countries to increase their defense budget. This is one of the prime reasons which is expected to increase the confidence of investors and incite them to invest in the military gas mask market. Furthermore, increasing use of improved explosive devices which are explosive weapons that can be activated in numerous ways can lead to serious injuries on the battleground. Owing to this, the demand for improved air purifying respirators will increase considerably. Military gas masks will serve this purpose and thus, this factor will promote the growth of military gas mask market over the assessment period.

Manufacturers are focusing on developing improved and reliable military gas masks to meet the increasing demand for applications in modern warfare techniques. Moreover, power cooled military gas masks are trending in the market which provide better safety characteristics and improved soldier comfort. However, evolving military warfare techniques and technologies pose a threat to the military gas mask manufacturers as they have to constantly invest in the research and development of new technologies to retain their market position. Moreover, threat of replacement is much higher, which may affect the confidence of investors and restraint the growth of the military gas mask market over the assessment period.

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Military Gas Mask Market: Segmentation

On the basis of type, the global military gas mask can be segmented into:

Back or Front mounted type gas mask

Chin style gas mask

Chemical cartridge respirator

On the basis of type of facepiece, the global military gas mask can be segmented into:

Full face

Half face

Military Gas Mask Market: Regional Outlook

The military gas mask market is anticipated to witness robust growth in North America, Europe and Asia pacific region over the coming years. This can be attributed to increasing investments in chemical, biological, radiological and nuclear defense weapons in North America and Europe. This is anticipated to increase the demand for effective protective equipment, such as military gas masks, over the assessment period. Moreover, developing economies of Asia Pacific are focusing on modernizing their warfare technique, which is anticipated to create opportunities for the augmentation of military gas mask market over the coming years. The military gas mask market is expected to witness sluggish growth in MEA region over the coming years.

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Military Gas Mask Market: Key Participants

Examples of some of the market participants identified across the value chain of the Military Gas Mask Market are:

Avon Protection Systems, Inc.

Metadure Inc.

Jiangsu ANHUA Police Equipment Manufacturing Co., Ltd

Shalon Chemical Industries Ltd.

MSA Safety Incorporated

Honeywell International

The 3M Company

NEXTER Group

All Safe Industries, Inc.

Duram Mask

Fatty Amines Market to Register Substantial Expansion of US$ 1,855.3 Mn by 2020

Applications in several end-use industries will continue to fuel the market for fatty amines globally. By 2016 end, the global fatty amines market is estimated at US$ 1,855.3 Mn. Developing countries in Asia-Pacific will remain the key markets for fatty amines, whereas applications in water treatment and agro-chemical industries will continue to generate significant demand for fatty amines.

Corrosion inhibition, fabric softening, lubricant additive, organoclaying, and sanitization are some of the most popular applications, which are expected to sustain the demand for fatty acids in a market. A few other prominent applications, including mining, water treatment, personal care, anti-caking, oilfield chemicals, paints and coatings, and agro-chemicals, are also likely to register significant consumption. Rising global population resulting in increasing demand for food products is eventually driving the market for asphalt-additives and agro-chemicals. Similarly, growing need for water treatment will be a major factor propelling the market for water treatment chemicals, and in turn escalating the sales of fatty amines.

The advent of technology and new application development will be a vital factor favoring the market growth. Mining, paints and coatings, fabric conditioning, and detergents, are foreseen to be the major verticals recording notable consumption of fatty acids. Industries associated with the paints and coatings vertical, such as automotive and construction, are foreseen to be among the prominent consumers of fatty amines.

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The volatility of the prices of raw materials and uncertainty of the fatty amines availability may, however, continue to create unfavorable conditions for the global fatty amines market growth.  

By product type, the global fatty amines market will witness continued dominance by the tertiary fatty amines segment. With the largest market value share of over 47% by 2016 end, this segment may experience a slight decline in its market share post-2016. Primary fatty amines segment, with over 29% revenue share in 2016, is likely to witness a Y-o-Y of 4.9% in 2017 over 2016.

Based on application, water treatment segment is anticipated to lead the global fatty amines market. Agro-chemicals will also be another key segment, followed by asphalt-additives. Oilfield chemicals segment will also remain a notable application segment. Other application segments include anti-caking and others i.e. mining, personal care, and fabric softener.

By region, APAC is likely to remain dominant with nearly 30% market value share in 2016. In 2017, this region will witness moderate Y-o-Y growth of 4.2% over 2016.  The next key market is North America that is expected to exhibit a higher Y-o-Y of 6.3% in 2017 over 2016.

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DuPont, Kao Corporation, AkzoNobel N.V., Clariant AG, Evonik Industries AG, Procter & Gamble Chemicals Company, Sigma-Aldrich Corporation, CECA Arkema Group, Lonza, and Volant-Chem Group are some of the leading companies participating in the global fatty amines market.

Long-term Outlook: The global fatty amines market is projected to attain a value of around US$ 2,193.2 Mn by the end of 2020, expanding at a CAGR of 4.1% over 2016-2020.

Global Bicycle And Components Market Poised to Expand at a Robust Pace of 3.51% CAGR Over 2026

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

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

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

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

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

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

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

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

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

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

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

Holographic Films Market Estimated to Experience a Hike in Growth of 9.3% CAGR by 2024

For every consumer goods product that has ever hit the shelves of retail outlets, a percentage of its production cost gets spent on branding the product by sticking a holographic film on its packaging label. Accordingly, billions of consumers goods sold daily from all parts of the world necessitate the expansion of global production capacity for holographic films. In 2015, global sales of holographic films exceeded US$ 5 billion, attesting the universal demand for iconic branding techniques. According to a recent research conducted by Persistence Market Research, the global holographic films market revenues are estimated to reach US$ 11,775 million in value by 2024.

Persistence Market Research’s report titled “Global Market Study on Holographic Films: Pharmaceuticals End Use Industry Segment Estimated to Increase 2.2X in Terms of Value over the Forecast Period ,” projects the US$ 5,767.3 million global holographic films market will expand at an impressive CAGR of 9.3% during the period of forecast - 2016-2024. Besides the branding demands, the active use of Fresnel lens technology in designing flexible packaging surfaces has become a proponent for consumption of holographic films, the combination of which is likely to create 3D effect for customers viewing the products stacked on store shelves. While secured packaging and anti-counterfeit measures promote the use of holographic films, volatile costs of film materials are likely to hamper the growth of the global holographic films market.

Key Research Findings

Demand for Biaxially Oriented Polypropylene (BOPP) film materials to remain high through 2024, accounting for almost half of the global market revenues

Branding measures undertaken by pharmaceutical and drug manufacturers, and companies in the FMCG sector will render them largest end-user industries for holographic films

The need for customer-centric designs and patterns on films will gain traction during the projected period, effectuating a higher market presence for customized offerings of holographic films

Through 2024, the value share ratio of lamination and printing as two main end uses in the global holographic films market is anticipated to be an estimated 60% to 40% respectively

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APAC Holographic Films Market to Expand at Highest CAGR

By the end of forecast period, the holographic films sales from Asia Pacific (APAC) region will rake in revenues worth over US$ 4.3 billion. The APAC holographic films market is anticipated to be fastest growing region in the global market, registering an estimated CAGR of 10.8%. In 2016, the region accounted for one-third share of the global market value, followed by North America – which secured over 25% share of the global holographic films market size. Europe’s holographic films market is likely to join North America and APAC as regions lucrative for expansion of holographic films businesses. Meanwhile, the holographic films market size is to expand at a modest rate in regions such as Latin America and the Middle East & Africa (MEA).

Metallized Films & Anti-counterfeit Applications Procure High Sales

Sales of holographic films in the world have been largely concentrated towards two aspects – the type of film material preferred and its application. Product manufacturers and packaging industry players prefer using metallized holographic films over transparent films. Similarly, the use of such films finds greater application in anti-counterfeit measures of packaging companies. Surging instances of product duplicity have integrated holographic films into packaging operations that label symbols for identifying authentic products. Independently, metallized holographic films and anti-counterfeit applications are expected to account for over 70% of global market revenues throughout the forecast period.

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Global Holographic Films Market: Key Players

While local manufacturers of holographic films are expected to collectively account for over half of the global market, companies such as Uflex Limited and Polinas Plastik Sanayi ve Ticaret A.S. will jointly hold company share of 14.2%. Leading holographic films manufacturers namely Toray Industries Inc., SRF Limited, and Nan Ya Plastics Corporation, are expected to exclusively focus on business expansion in regions such as North America, Asia Pacific, and Europe. Strategic acquisitions is pegged to be a top priority for Jindal Poly Films Ltd., API Group Plc., and Avery Dennison Corporation, while Cosmo Films Limited and K Laser Technology Inc. are expected to increase their global presence through product launch.