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Bioherbicides Market Size Is Expected To Reach USD 4.14 Billion By 2024: Grand View Research, Inc
The global bioherbicides market is expected to reach USD 4.14 billion by 2024, according to a new report by Grand View Research, Inc. Growing eco-friendly weed killer demand on account of increasing organic farming preference over synthetic methods is expected to remain a key driving factor for global bioherbicides market. In addition, sustainable crop cultivation practices development is also anticipated to positively influence the market growth. High quality and nutritional fruit & vegetable cultivation with the help of bioherbicides are expected to significantly contribute towards industry development. 
The shift in consumer’s trend towards nutritional and greener diet has given rise to organically produced vegetables and food grains demand which in turn is anticipated to drive industry growth over the forecast period. Easy availability coupled with affordable prices of synthetic herbicides is expected to a pose challenge to bioherbicides market. In addition, lack of awareness among farmers is also anticipated to negatively impact the product preference for cultivation purposes. 
Full research report on Bioherbicides market: http://www.grandviewresearch.com/industry-analysis/bioherbicides-market
Fruit and vegetable sector was the leading application segment and accounted 27.3% of total revenue in 2015. Turf and ornament segment is anticipated to witness the highest growth of 16% from 2016 to 2024. The product finds its application in gardening, clearing of railway tracks, gold course maintenance which is anticipated to further contributed expand the application base in turf and ornament sector. 
Get more information on " Bioherbicides market " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/bioherbicides-market/toc
Further key findings from the report suggest:
·         Global bioherbicide market was valued at USD 1.12 billion in 2015 and is expected to reach USD 4.14 billion by 2024, growing at a CAGR of 15.7% from 2016 to 2024
·         North America was the leading regional market and accounted for 29.5% of global revenue in 2015. Government initiatives and increasing consumer awareness regarding health and environmental issues particularly in the U.S. are expected to drive the regional market over the forecast period.
·         Asia Pacific is expected to witness the highest growth of 16.1% from 2016 to 2024. Increasing product demand in Australia is anticipated to significantly contribute to the overall regional growth.
·         Key players operating in the global bioherbicides industry include Bioherbicides Australia (BHA), Hindustan Biotech, Marrone Bio Inventions, Fitz Chem Corporation, Emery Oleochemicals, Mycologic Inc and Engage Agro USA.
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/bioherbicides-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Reprocessed Medical Devices Market Size Is Expected To Reach USD 5.0 Billion By 2022: Grand View Research, Inc
The global reprocessed medical devices market is expected to reach USD 5.0 billion by 2022, according to a new study by Grand View Research, Inc. The increasing generation of medical waste coupled with the lack of centralized support for waste disposal in the healthcare industry is expected to drive the demand for reprocessed medical devices market. Additionally, the long-term cost-efficiency associated with these devices as compared to that of the original device is the high impact rendering driver of the industry. 
According to the Association of Medical Device Reprocessors (AMDR),hospitals witness up to 50% cost saving on every purchase of the reprocessed medical device, thereby spending only a limited amount, on waste disposal. 
Consequentially, reprocessing has also facilitated reduction in device cost by the original equipment manufacturer in a vain to compete with the third-party reprocessors, thus exerting a positive cumulative effect on the industry growth. 
Furthermore, the continuous deterioration of environmental conditions as a consequence of increasing landfills is anticipated to induce the demand for reprocessed medical devices. Reprocessing allows hospitals to divert over 8,000 pounds of Regulated Medical Waste (RMW) from landfills every year, thereby propelling the demand for the reprocessed medical devices market. 
The rising initiatives by organizations, such as Association of periOperative Registered Nurses, American Nursing Association, and Practice Greenhealth, in collaboration with governmental and intergovernmental agencies, pertinent to increasing awareness with respect to medical device reprocessing is further expected to provide lucrative growth platform to this industry in near future. 
Full research report on Reprocessed medical devices market: http://www.grandviewresearch.com/industry-analysis/reprocessed-medical-devices-market
Further key findings from the study suggest:
·         Cardiovascular devices dominated the product segment of the overall reprocessed medical devices market in terms of revenue share at over 55.0% in 2014,owing to a wide range of these devices approved by the U.S. FDA for diagnostics and therapeutics applications 
·         Diagnostic electrophysiology catheters constituted the largest share at over 24.0% of the cardiovascular sub-segment in 2014 and positioning devices are expected to be the fastest growing at market over the forecast period. This can be attributed to the third-party processors involved in the reprocessing of single-use catheters due to high-cost savings 
·         Hospitals held a substantial share of the end-use segment and constituted for over 40.0% of the overall market owing to increased in-house and third-party reprocessing due to the massive waste produced through resource users. The aforementioned provides lucrative opportunities for hospitals to contain the expenditure 
Get more information on " Reprocessed medical devices market " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/reprocessed-medical-devices-market/toc
·         As of 2014, North America dominated the overall reprocessed medical device market at over 47.0%owing to the presence of a large number of non-profit organizations, governmental, intergovernmental agencies, hospitals, donor agencies, and medical product manufacturers involved in reprocessing activities 
·         Asia Pacific is anticipated to be the fastest growing regional market over the forecast period due to the presence of untapped opportunities in the emerging economies and rising investments in the healthcare infrastructure by global market players. This is predicted to impel growth in Asia Pacific 
·         The key players in this industry are adopting collaborative strategies with public and private institutions and product approvals for business and geographical expansion. For instance, in January 2016,Centurion Medical Products Corporation acquired Nuvo-Med, Inc., a manufacturer of DisImpactor class I medical devices used for the treatment of fecal impaction in a probe to business expansion
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/reprocessed-medical-devices-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Laminated Labels Market Size Is Expected To Reach USD 106.92 Billion By 2024: Grand View Research, Inc
The global laminated labels market is expected to reach USD 106.92 billion by 2024, according to a new report by Grand View Research, Inc. The growing demand for packaged ready-to-go food & beverages and increasing labeling requirement in the pharmaceutical industry are expected to remain key driving factors. In addition, increasing focus of manufacturers on their products aesthetic appeal is also expected to have a positive influence on the market growth.
Technological advancements in label manufacturing & printing techniques coupled with increasing product innovations in films and other raw materials used in the manufacture of laminated labels is projected to create new avenues for market participants.
Full research report on laminated labels market: http://www.grandviewresearch.com/industry-analysis/laminated-labels-market
Further key findings from the report suggest:
·         The global laminated labels market demand was 49.73 billion meter squares in 2015 and is expected to reach 68.43 billion meter squares by 2024, growing at a CAGR of 3.8%from 2016 to 2024
·         Reels emerged as the leading form of laminated labels and accounted for 75.3% of total market volume in 2015. The demand for laminated labels in the form of reels is projected to grow on account of its ease of application and the growing industrial demand for labels.
·         Polyester was the leading laminate product and accounted for over 30% of the total market volume in 2015. The UV screen polyester segment is projected to witness the highest growth on account of its excellent heat and chemical resistance properties. UV sunscreen is expected to witness the highest growth of 4.4% from 2016 to 2024.
Get more information on " laminated labels market  " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/laminated-labels-market/toc
·         Food & beverages were the leading application segment and accounted for 25.0% of total market volume in 2015. The growth of food & beverages industry, particularly in China and India is expected to drive this segment over the next eight years. It is also expected to witness the highest growth of 4.0% over the forecast period.
·         Asia Pacific was the leading regional market and accounted for 37.4% of global demand in 2015. The region is also expected to witness significant growth on account of rising manufacturing activities and the growing organized retail market.
·         Some leading companies operating in the global laminated labels market include Avery Dennison Corporation, CCL Industries Inc., Constantia Flexibles Group GmbH, R.R. Donnelley & Sons Company, 3M Company, Coveris Holdings S.A., Torraspapel Adestor, Bemis Company, Inc., Flexcon Company, Inc., and Stickythings Limited.
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/laminated-labels-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Wood Plastic Composite Market Size Is Expected To Reach USD 9.77 Billion By 2024: Grand View Research, Inc
The global Wood Plastic Composite market is expected to reach USD 9.77 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for wood plastic composites in construction industry particularly in decking, fencing, and molding & siding applications is expected to be the key driver for the market growth. Superior mechanical strength, low maintenance and weight reduction offered by these products are expected to propel demand in the construction industry over the next eight years.
Rising automakers focus towards making every automotive part biodegradable, and recyclable is expected to open new avenues for the material over the next eight years. The product is used in door panels, seat cushions, cabin linings, backrests, and dashboards. The most commonly used wood species for commercial wood plastic composite products include maple, oak, and pine. Product cost and regional availability of raw material are expected to be a key factor for wood plastic composites manufacturers over the projected period.
Rising application scope for wood plastic composites for manufacturing various other products including musical instruments, shoe soles, toys, and trays is expected to have a positive impact on the market growth. Growing demand for bio-plastics in niche applications such as household electronics and edge protection for packaging is expected to propel demand over the projected period. 
Full research report on wood plastic composite market: http://www.grandviewresearch.com/industry-analysis/wood-plastic-composites-market
Further key findings from the report suggest:
·         North America was the largest segment for the Wood Plastic Composite market in 2015 accounting over 45% of the global volume. Growing construction sector in the region owing to rising investments in new infrastructure projects is expected to augment growth. Furthermore, increasing residential and commercial building renovation activities in the region is expected to have a positive impact on the growth.
·         Polyethylene based wood plastic composites dominated the industry accounting over 55% of the market share. Excellent molecular bonding stability and structure offered by polypropylene, which makes the product robust, is expected to be a key factor for the product demand.
Get more information on " wood plastic composite market " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/wood-plastic-composites-market/toc
·         Europe demand for wood plastic composites in automotive applications was valued over USD 65 million in 2015. Automotive industry is the most crucial sector in the Europe and accounts over 4% of European GDP. Germany dominated the premium car production in 2015 accounting over 40% of the total market. Adoption of new technologies, increasing use of bio-based products and high investments in R&D are expected to open new avenues for the product market.
·         Key players in the industry include Advanced Environmental Recycling Technologies, Inc., Axion International, Inc., Fkur Kunststoff GmbH, Beologic N.V., Certainteed, Fiberon, LLC, JELU-WERK J. Ehrler GmbH & Co. KG, Guangzhou Kindwood Co. Ltd., Josef Ehrler GmbH & Co. Kg, Polymera, Inc., Renolit, Polyplank AB, Tamko Building Products, Inc., Timbertech and Trex Company, Inc.
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/wood-plastic-composites-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Fluoropolymer Market Size Is Expected To Reach USD 11.11 Billion By 2022: Grand View Research, Inc
Global fluoropolymer market size is expected to reach USD 11.11 billion by 2022, according to a new report by Grand View Research, Inc. High tensile strength and excellent insulation properties have driven fluoropolymer penetration in electronics, automotive and construction applications. Positive outlook on these end-use industries is expected to be one of the primary growth factors over the forecast period.
Increasing government spending on infrastructure in China, India and the Middle East is expected to drive architectural coatings demand. Fluoropolymer coatings exhibit protection against corrosion & chemicals and high temperature tolerance, which makes them useful for architectural applications. In addition, these coatings are used in automobiles for protection against scratches and abrasions. DuPont (Chemours) manufactures and markets fluoropolymer coating under the brand name, Teflon.
In terms of application, industrial applications dominated the global market, accounting for over 30% of volume share in 2014. It is used in a wide range of applications including gears, sliding plates and bearings, which require low friction. Expansion of manufacturing industry in India, China, Mexico, Brazil and Russia is expected to drive demand for PTFE as an additional lubricant.
Full research report on  fluoropolymers market: http://www.grandviewresearch.com/industry-analysis/fluoropolymers-market
Further key findings from the study suggest:
·         Global fluoropolymer market demand was 720.8 kilo tons in 2014 and is expected to reach 1,600.4 kilo tons by 2022, growing at a CAGR of 10.3% from 2015 to 2022.
·         PVDF is expected to witness substantial gains at a CAGR of over 14% from 2015 to 2022. It acts as a ferroelectric material exhibiting piezoelectric and pyroelectric properties. In addition, flexibility, low weight & thermal conductivity and high resistance to chemical corrosion & heat have resulted in its use for manufacturing electric wires.
·         Growing demand for electric wires in appliances and equipment is expected to drive PVDF demand over the forecast period. In July 2014, Kureha Corporation commenced production of PVDF at its manufacturing unit, Changshu, China. The plant has an annual capacity of 5,000 tons.
Get more information on " fluoropolymers market  " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/fluoropolymers-market/toc
·         North America market accounted for over 40% of global volume share in 2014. Large scale electronic and automobile manufacturing coupled with housing sector growth in the U.S. has resulted in high demand for the product. This trend is expected to continue over the forecast period. Moreover, expanding coating industry along with the introduction of new coating products and technologies is expected to stimulate industry growth.
·         Asia Pacific is expected to witness significant growth at a CAGR of 10.9% from 2015 to 2022 owing to demand for fluoropolymer in a wide range of applications including coatings and electronics. Technological advancement in the field of electronics, particularly in China, Taiwan and South Korea, has led to an increasing utilization of these materials in providing high thermal stability and superior tensile strength.
·         Chemours, Daikin, 3M, Solvay and Dongyue Group jointly accounted for over 70% of the global fluoropolymer market share in 2014. Strategic partnership between manufacturers and buyers, coupled with product innovation is expected to be a critical strategy for gaining competitive advantage.
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/fluoropolymers-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Polymer Filler Market Size Is Expected To Reach USD 62.54 Billion By 2024: Grand View Research, Inc
The global Polymer Filler Market is expected to reach USD 62.54 billion by 2024, according to a new report by Grand View Research, Inc. the surge in demand for low-density fillers with better impact strength is likely to propel the market growth. Polymer fillers are likely to emerge as a cheaper alternative to costly plastic resins over the forecast period. Increasing demand for low-cost fillers from various end-use industries in both developed and emerging countries such as the U.S., Germany, India, China, etc. is expected to propel the market growth.
Stringent regulations pertaining to automotive pollution has forced automotive manufacturers in the U.S. and Europe to use lightweight materials for manufacturing. Development of novel low-density fillers is expected to propel the market growth.
Inorganic fillers were the leading product segment and accounted for 78.9% of total market volume in 2015. However, organic fillers are expected to witness a brisk growth of 5.6% over the forecast period. Increasing environmental concerns have attracted more industries to opt for organic filers rather than traditional inorganic fillers. Abundant availability along with renewable nature of the natural fibers such as wood, cellulose, etc. is also expected to have a positive impact on the market growth.
Full research report on Polymer Filler Market:
http://www.grandviewresearch.com/industry-analysis/polymer-filler-market
Further key findings from the report suggest:
·         Global Polymer Filler Market demand was 31.75 million tons in 2015 and is expected to reach 49.72 million tons by 2024, growing at CAGR of 5.1% from 2016 to 2024
·         Automotive and building & construction collectively accounted for over 40% of total market volume in 2015. Increasing demand for high strength plastic composites in all these end-use industries is expected to drive the market growth. Automotive is also expected to witness the highest growth of 5.9% over the forecast period.
·         Asia Pacific emerged dominated the global market with demand share exceeding 45% in 2015. Burgeoning building & construction industry along with favorable governmental regulations in India, China, Indonesia, and Thailand is likely to drive the regional market. Increasing demand for lightweight polymer composites in the U.S. is expected to propel the North American market over the forecast period. 
Get more information on " Polymer Filler Market  " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/polymer-filler-market/toc
·         Key market players include Quarzwerke group, 20 Micron Limited, GCR group, Omya AG, Imerys S.A., Hoffman Minerals, Minerals Technologies, Unimin Corporation, LKAB group. Global polymer fillers industry is fragmented in nature, and the threat of new entrants is high due to lower initial investment. Despite presence of a large number of market players, the value chain is mainly dominated by end-use industries as most of the polymer composites are manufactured considering the application requirements.
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/polymer-filler-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Iot In Healthcare Market Size Is Expected To Reach Nearly USD 410 Billion By 2022: Grand View Research, Inc
Global IoT in healthcare market is expected to reach nearly USD 410 billion by 2022 according to a new report by Grand View Research Inc. The introduction of technologically advanced connected medical devices, penetration of smart phones, and use of software automation, to enable faster patient testing, and provide better accuracy, ease of usage, and portability are expected to serve the Internet of Things in healthcare market as high-impact rendering drivers over the forecast period.
Increasing prevalence of chronic diseases such as heart failure, obesity, diabetes and hypertension are boosting the demand for technologically advanced medical devices. The new generation connected medical devices enable real-time patient monitoring and help the medical professionals to swiftly respond to the patient needs. For instance, the vital sign monitors, activity monitors, safety monitors and medication monitors are routinely used for patent monitoring and medication management
The growing geriatric population, and the high unmet medical needs for home healthcare and long term healthcare services are driving the growth of telemedicine and remote patient monitoring and these factors are expected to positively reinforce theIoT in Healthcare market over the forecast period.
Full research report on  Internet of Things in Healthcare Market analysis: http://www.grandviewresearch.com/industry-analysis/internet-of-things-iot-healthcare-market
According to the data published by the U.S. based Family Caregiver Alliance (FCA) in 2015, nearly 63% of the population availing long term healthcare services are people aged above 65 years. This population is expected to drive the demand for technology enabled healthcare services.
The healthcare practitioners are increasingly using technology platforms to serve the growing hospital and patient needs. Moreover, various routine activities such as patient data recording, data storage and data analysis have been streamlined using software’s and cloud storage systems, leading to significant reduction in healthcare operational costs and errors.
Get more information on " Internet of Things in Healthcare Market " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/internet-of-things-iot-healthcare-market/toc
The growth of big data analytics, cloud services and artificial intelligence for healthcare applications is gaining significant traction. Several leading technology firms are investing huge resources to tap the potential of the IoT in healthcare market. For instance, IBM has developed the Watson platform for oncology, drug discovery, and clinical trial matching. This platform has combined the power of supercomputing with the huge amount of healthcare research and patient data.
Further more, the use of RFID tags for medication management, asset tracking and asset transportation and development of novel products such as smart pills and smart beds are expected to boost the IoT in Healthcare market over the forecast period.
Further key findings from the study suggest:
·         In 2014, systems and software segment accounted for the maximum revenue of USD 22.8billion. Key factors attributed include growing awareness regarding remote patient monitoring, preventative maintenance, diagnostics and software up gradation.
·          However, Medical devices is expected to be the fastest growing segment with a CAGR of 28.3% over the forecast period, on account of growing demand for remote and continuous physiological data management and growing interest from various private and public companies in the IoT-MD domain. (Internet of Thing in Medical Device)
·         In 2014, North America held the maximum share of 32.4%. Key factors attributed for the high market share include growing prevalence of chronic diseases, increasing geriatric population prone to various chronic diseases.
·         Active collaboration between the high tech software industries and the medical device manufacturers, healthcare practitioners, and technology universities, is a key factor for building the right eco-system for the market growth and expansion.
·         Moreover, the IoT in healthcare market is gaining significant interest from the venture capitalists and hedge fund managers owing to the huge potential in changing the healthcare delivery models and improving patient outcomes.
·         Asia Pacific is expected to register lucrative growth over the forecast period with a CAGR of over31%. Key factors attributing to its rapid growth include growing penetration of connected medical devices, presence of high unmet clinical needs, and constant economic developments in the region.
·         The governments are proactively engaging in using digital health solutions to transform this regions healthcare services capability and improve access to healthcare. Increase use of cloud, SAS, big data and other software platforms for electronic data management, real time patient monitoring, and telemedicine is expected to drive the market growth in this region over the forecast period.
·         Major companies such as Medtronic Inc., Philips, Cisco Systems, IBM Corporation, GE Healthcare, Microsoft Corporation, Qualcomm Life Inc., and Stanley Healthcare are investing a huge amount in R&D of connected diagnostic laboratories. These companies are more focused in the development of software with their devices in an attempt to stabilize their market position.
To Get Sample Copy of Report visit @ http://www.grandviewresearch.com/industry-analysis/internet-of-things-iot-healthcare-market/request
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Blog Site: http://marketresearchandconsultingreport.blogspot.in/
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Compressed Air Treatment Equipment Market Size Is Expected To Reach USD 8.59 Billion By 2020: Grand View Research, Inc
The Global Compressed Air Treatment Equipment Market is expected to reach USD 8.59 billion by 2020, according to a new study by Grand View Research, Inc. Surging demand for compressed air treatment equipment across a vast array of applications is expected to drive market growth over the forecast period. Compressed air systems are used by a large percentage of manufacturers on a global scale, which has necessitated treatment equipment installation so as to meet air quality standards suited for the target applications, and is also expected to spur market growth over the forecast period.
Several regulatory mandates and standards have been formulated to support production and utilization of clean air, which is expected to significantly contribute to the industry growth. However, delivering compressed air to manufacturing facilities requires equipment that is expensive, needs frequent maintenance and consumes significant amount of energy, which may pose a challenge to compressed air treatment equipment market growth over the forecast period. Technological proliferation and development of more energy efficient equipment across several applications provides avenues for market growth.
Full research report on compressed air treatment equipment market: http://www.grandviewresearch.com/industry-analysis/compressed-air-treatment-equipment-market
Further key findings from the study suggest:
Dryers emerged as the most     dominant product segment in 2013, and accounted for over 40% of the     compressed air treatment equipment market in the same year. Dryers form a     crucial component any compressed air equipment as they help remove     moisture or water droplets effectively. Adsorber filters are also expected     to witness significant growth over the next few years, which can be     attributed its ability to easily remove any chemicals or gases within the     compressed air.
Process air is expected to     remain a sizable application segment over the forecast period. This can be     primarily attributed to the increased demand of compressed air treatment     equipment across the food & beverage and pharmaceutical industry that     require clean, oil-free, dry and sterile compressed air.
Get more information on " compressed air treatment equipment market  " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/compressed-air-treatment-equipment-market/toc
North America emerged as the     largest regional market in 2013, closely followed by Asia Pacific. North     America accounted for over 30% of the global compressed air treatment     equipment market in the same year. Presence of several manufacturing     facilities is expected to fuel the regional market growth over the next     six years.
Key market players include     Donaldson Company Inc, Atlas Copco Corp, Ingersoll-Rand, Gardner Denver     Inc, Van Air Inc., Kaeser Compressors and Parker Hannifin Manufacturing     Limited. Development of technologically advanced and cost-effective     compressed air treatment equipment is expected to be a critical success     factor for companies operating in this market.
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Advanced Energy Storage Systems Market Size Is Expected To Reach USD 6.93 Billion By 2022: Grand View Research, Inc
Global Advanced Energy Storage Systems Market is expected to reach USD 6.93 billion by 2022, according to a new study by Grand View Research, Inc. Increasing demand for utility scale power generation particularly during peak hours is expected to augment demand for advanced energy storage systems. Advanced energy storage systems efficiently manage energy resources thereby reducing the need for utility scale power generation plants. The above factor significantly helps in reducing fixed cost and is expected to play a key role in market growth over the forecast period.
Stringent regulatory framework governing the use of fossil fuels for power generation is also expected to act as a major driver for advanced energy storage systems market growth. Power plants generate significant quantities of GHG such as CO2, which can be overcome through the efficient use of advanced energy storage systems. These systems store energy when generated and are capable of providing back up power in times of excess power demand (peak hours).
Full research report on advanced energy storage systems market: http://www.grandviewresearch.com/industry-analysis/advanced-energy-storage-systems-market
Further key findings from the study suggest:
Thermal energy storage systems     were the largest technology segment in terms of installed capacity     accounting for over 40% of global market in 2014. High efficiency in terms     of energy storage and ability to provide power during peak hours in     expected to play a major role in promoting market growth.
Battery storage devices market     is still in a nascent stage and is expected to witness fastest growth at a     CAGR of over 18% from 2015 to 2022. The market has large potential owing     to easy charging properties and re-energization of the electrolyte liquid     resulting in negligible wastage.
North America dominated the     advanced energy storage systems market accounting for over 45% of global     installed capacity in 2014. Stringent regulations with regards to     environmental emissions are expected to result in increased installations     of advanced energy storage systems, particularly in the U.S.
Asia Pacific is expected to be     the fastest growing market for advanced energy storage systems at a CAGR     of over 18% in terms of revenue from 2015 to 2022. Growing     industrialization and improving consumer lifestyle has resulted in a     surging need for energy which in turn is expected to augment advanced     energy storage systems market in the region.
Get more information on " advanced energy storage systems market " or request for TOC of this research report at: http://www.grandviewresearch.com/industry-analysis/advanced-energy-storage-systems-market/toc
Advanced energy storage systems     market is highly fragmented owing to the presence of numerous companies     across multiple technologies. Owing to the technology driven nature of the     market, key companies including AES Energy Storage, LG Chem, GE and Alevo     are heavily investing into R&D to develop breakthrough technologies.
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Smart Parking System Market Size Is Expected To Reach USD 368.7 Million By 2024: Grand View Research, Inc
The global smart parking system market size is expected to reach USD 368.7 million by 2024 according to a new study by Grand View Research, Inc. Favorable government initiatives and increasing public sector funding will favor the growth and adoption of smart parking system for the forecast period. The industry is anticipated to witness an upsurge in demand for smart parking systems in transport transit and commercial applications segment, and it is subsequently expected to impel the growth in the industry.
This technology effectively addresses traffic congestion issues and parking-related concerns. Such systems help in reducing fuel usage and subsequently minimize vehicular emissions. The industry is expected to gain momentum owing to inclusion of sophisticated features such as voice guidance, handicapped parking, and auto-payment options enabled through smartphone applications.
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Increasing number of automotive and lack of efficient parking management system is affecting the availability of parking spaces and is subsequently driving the demand for these technologies across the globe. Such parking systems offer several opportunities for reuse of commercial and municipal parking areas and garages. Hence, these systems help in making the cities greener, cleaner, and technologically advanced.
However, lack of awareness of smart parking advantages, especially among under-developed regions is anticipated to slowdown the industry growth opportunities. Lack of funding initiatives is further expected to hamper the industry growth.
Several cities in the U.S. and Canada such as Los Angeles, San Francisco, and Toronto are increasingly adopting smart parking systems to manage the ever increasing traffic congestion problems. The growth is considerably high in the UK and Germany. Major automotive manufacturing companies’ interest in this sector is further propelling the growth in demand. Automobile manufacturers in Italy and Germany such as Fiat S.p.A and Audi AG are keenly participating in development of smart parking system. Adoption of sustainable transportation policies and adoption of innovative parking technologies is impelling growth in the European region
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Further key findings from the study suggest:
·         Government application segment dominated the global smart parking system industry accounting for over 62% of the market share in 2015. Increasing need for managing on-road vehicles and minimizing fuel emissions has led to large-scale adoption of these technologies in the government sector.
·         The European regional market accounted for around 30% of the global revenue share in 2015. Increasing interest of regional automobile manufacturers in developing smart parking systems is anticipated to impel growth in the regional market.
·         On-demand valet parking and increasing demand for parking management at public avenues such as shopping malls, sports complexes in countries such as Japan and China, is expected to fuel the demand for parking management systems in the Asia-Pacific region.
·         Key industry participants include Amano McGann, Inc., Deteq Solutions Ltd., Libelium, Mindteck Ltd., Nedap NV, Skidata AG, Smart Parking Ltd., Streetline, Inc., Urbiotica SL, and Worldsensing SL. Industry vendors are emphasizing on offering mobile applications with advanced features to offer convenience to the users.
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Battery Market Size Is Expected To Reach USD 132.55 Billion By 2024: Grand View Research, Inc
The global battery market is expected to reach USD 132.55 billion by 2024, according to a new report by Grand View Research, Inc. Majorly consisting of primary and secondary batteries, the growth will be attributed to growing demand for secondary batteries that are rechargeable on account of rising demand for smart gadgets and electronics such as tablets, smartphone and other portable devices including the digital camera and laptop. 
Technological advancements in terms of cost reduction and enhanced efficiency are expected to open new avenues for the global market over the forecast period. Rising use in aircraft emergency systems in case of non-availability of APU’s for braking, ground operations and restarting the APU is expected to fuel high capacity battery demand. Low cost and high density of lead acid battery will encourage use in an emergency power supply and grid storage applications thus supplementing the market growth. 
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Further key findings from the report suggest:
·         Li-ion based batteries are expected to emerge as the most dominant segment owing to the growing demand in the automotive industry coupled with portable devices and electric power trains. The auto industry is experiencing high growth in plug-in hybrid and electric vehicles segment which is expected to propel demand. In addition, successful commercialization and lucrative incentives have been encouraging OEMs to introduce new hybrid and electric models in the market.
·         Ni–Cd batteries find applications in portables devices such as wireless & cordless telephones and emergency lighting, rising use for which will drive market demand. Growing application scope in railways for emergency braking, locomotive starting, air-conditioning, coach lighting and power for signaling will further propel growth.
·         Industrial application accounted for over 30.0% of the global market in 2015. The industrial application includes wheelchairs, golf carts, aviation, satellites, grid storage, forklifts and power tools. Rising energy requirements have resulted in increased use of storage applications on grid and off grid which has directly impacted demand for battery storage systems. Rapid industrialization in emerging economies of Asia Pacific and Latin America will utilize batteries in UPS devices, material handling systems, and power tools thus fueling market demand.
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·         Asia Pacific dominated the global battery market with revenue over USD 23.00 billion in 2015 on account of the presence of a majority of manufacturers in Japan and South Korea. Budding consumer electronics industry in India, Malaysia, Singapore and Thailand is expected to result in high demand for lithium-ion batteries in the next eight years. Increasing automobile production in India and China is projected to propel demand for lead acid batteries in the near future. In addition, laxity for regulations in these countries regarding automotive emissions and fuel efficiency is expected to provide immense potential for market growth.
·         The global industry includes major conglomerates such as Hitachi, Sony, LG, Panasonic and GS Yuasa. Companies are moving towards lithium ion battery manufacturing owing to high potential in consumer electronics and electric vehicle market. Key companies are engaged in manufacturing of batteries with varying capacities suitable for different applications. Automotive Energy Supply Corporation and Panasonic are major shareholders in the lithium-ion electric vehicle segment. In February 2016, Johnson Controls Inc. made investments in its facility in Germany to improve its production capacity.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Aquafeed Market size is expected to reach USD 133.1 billion by 2020: Grand View Research, Inc
The Global Aquafeed Market is expected to reach USD 133.1 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of aquafeed in carp and crustacean farming is expected to boost market demand over the forecast period. The growing market for aquaculture, owing to the static natural production of fishes is expected to be another key driver for market growth over the next six years. In addition, the increasing focus on nutraceuticals such as omega 3 enriched products is also expected to have a positive impact on aquafeed applications.
Key aquaculture additives include antibiotics and amino acids as they cannot be synthesized by the fish but are essential for regular body mechanism. Amino acids were the largest used aquafeed product, with estimated market revenue of USD 236.0 million in 2013. Feed acidifiers are expected to be the fastest growing segment over the forecast period, at an estimated CAGR of 6.1% from 2014 to 2020.
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Further key findings from the study suggest:
The global aquafeed demand was     37.60 million tons in 2013 and is expected to reach 77.93 million tons by     2020, growing at a CAGR of 11% from 2014 to 2020.
Carps were the largest     consumers of aquafeed, at 9.70 million tons of global market in 2013. The     segment is also expected to witness fastest growth at an estimated CAGR of     11.2% from 2014 to 2020. Carps are rich in omega-3 fatty acids and offer     high sources of protein that are low in fat. The growing consumer     awareness regarding omega 3 health benefits is expected to drive demand     for carps in turn augmenting demand for aquafeed.
Mollusks and Crustaceans were     the other large application segments for the aquafeed market together     accounting for 33% of the global market in 2013. Crustaceans such as     lobsters, shrimps and crabs and mollusks such as oysters are increasing     being used as exotic food products and improving economic conditions in     parts of Asia Pacific is expected to further the demand for aquafeed over     the forecast period.
Asia Pacific was the most     dominant regional market accounting for 65% of global consumption in 2013.     The presence of vast aquaculture industry particularly in China is     expected to enhance the demand for aquafeed in the region over the next     six years.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Contact:
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Alpha olefins market size is expected to reach USD 9.98 billion by 2022: Grand View Research, Inc
The global alpha olefins market is expected to reach USD 9.98 billion by 2022, according to a new report by Grand View Research, Inc. Increasing demand for polyethylene on account of its versatile applications is expected to drive the global alpha olefins market. The growth of automotive and consumer goods industries, particularly in emerging markets of Asia Pacific and Latin America is also expected to foster the market growth. 
Positive outlook on oilfield drilling activities is projected to increase alpha olefins demand over next seven years. Fluctuating ethylene prices coupled with high energy cost is expected to remain a key challenge for industry participants.         
1-Hexene emerged as the leading alpha olefins type and accounted for 24.6% of total market volume in 2014. 1-Hexene is also anticipated to witness the highest growth of 5.4% over the forecast period.
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Further key findings from the study suggest:
·         Global alpha olefins market demand was 3,997.5 kilo tons in 2014 and is expected to reach 5,561.0 kilo tons by 2022, growing at a CAGR of 4.2% from 2015 to 2022
·         Polyethylene emerged as the leading application segment and accounted for over 55% of total market volume in 2014. The increasing use of polyethylene in automotive and consumer goods industries is expected to remain a key driving factor for this segment. Polyethylene is also anticipated to witness the highest growth rate of 4.9% over the forecast period.
·         Increasing alpha olefin penetration in newer application avenues such as synthetic lubricants, plasticizers, and adhesives is expected to complement the global market growth over the forecast period.North America emerged as the most dominant regional market with demand share exceeding 40% in 2014. Easy availability of vital raw materials on account of shale gas boom in the U.S. has driven the regional market.
·         Asia Pacific is projected to witness the highest growth of 5.8% from 2015 to 2022. Increasing construction spending coupled with the growth of automotive industry particularly in Indonesia, India and China is expected to drive the regional growth. 
·         The global alpha olefin market is concentrated with top four companies accounting for 60% of total market. Major companies operating in the global market include Shell Chemicals, Chevron Phillips, Ineos Oligomers, Sasol and Qatar Chemical Company II.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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3D scanning market size to grow at a CAGR of 13.3% from 2014 to 2020: Grand View Research, Inc
The global 3D scanning Market is expected to reach USD 4.90 billion by 2020 on account of increasing requirement from numerous applications. Rapid technological advancements to develop innovative products including 3D digitization that have the ability to render high resolution and rapid scanning techniques are expected to have a positive impact on growth.
Need to preserve the historic edifice and aging infrastructure with historical significance worldwide are projected to have a positive influence on the industry. Growing demand from software solution suppliers and hardware manufacturers is expected to augment growth. Technology has become more accessible to professionals owing to continuous enhancements which result in driving sales thereby propelling demand in the market. However, high-priced scanners are expected to impede the 3D scanning industry.
Laser scanners were the leading product segment and contributed to over 60.0% of the overall market in 2013. The structured light product sector is projected to gain prominence over the forecast period owing to numerous applications in varied segments on account of its ability to create rapid prototypes with great accuracy and precision.
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Short range scanners occupied the largest market share in 2013. New techniques including structured light and laser triangulation that has a focal distance less than a meter are estimated to drive growth over the forecast period.
The industrial manufacturing segment accounted for over 30.0% of the overall market revenue owing to numerous advantages including improved accuracy and compatibility offered by the product. Also, it also allows better worker safety across multiple applications for widespread data capture, thus propelling the industry.
3D scanners can effectively scan virtual medium online and represent art pieces in a virtual museum set up. The introduction of 3D portable scanners is expected to witness growth owing to its growing demand in archeology sector which aims at preserving and archiving architectural pieces from museums. The industry is projected to grow on account of various reverse engineering techniques that have the ability to preserve remains and virtual restoration
The upsurge in 3D media and content along with technological improvements have resulted in high-resolution videos and high-quality images owing to growth in new product launches, thus driving demand. The smartphone industry has witnessed significant growth due to device up gradation by original equipment on account of their 3D imaging capabilities.
Europe emerged as the dominant region in the industrial sector and is anticipated to impact positively regional growth over the forecast period. Key market players include Maptek, Topcon, FARO Technologies, Ametek (Creaform), 3D Digital Corp. and Basis Software Inc (Surphaser). Key growth strategy involves technological innovations and development of cost-efficient devices. The market is identified by mergers and acquisitions and intense competition in software and hardware segments. Companies cater to industries including manufacturing, aerospace, research & education and consumer products.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
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Industrial enzymes market size is expected to reach USD 9.63 billion by 2024: Grand View Research, Inc
The global industrial enzymes market is expected to reach USD 9.63 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to increasing substitution of chemicals with industrial enzymes particularly in food & beverage and nutraceutical applications.
Growing applications of industrial enzymes for use in detergents and as ingredients in food processing industry is expected to fuel the demand. Proteases are extensively used in the detergent industry owing to its superior stain removal properties. However, the demand in the detergent application is expected to witness sluggish growth owing to market saturation.
Growing use of protease in bakery products is expected to drive market growth. Furthermore, increasing application scope of the product in nutraceutical industry as a digestive enzyme is expected to drive demand.
Technological advancements in the field of industrial enzymes have led to the use of the product as cleaning agents. The increasing use of enzymes or waste water treatment is also expected to drive the demand over the forecast period.
Neozymes, DSM, and Danisco dominated the global industrial enzymes market in 2015 with the industry being characterized by forward integration by manufacturers to distribution and end-use. Manufacturers such as DuPont and DSM manufacture industrial enzymes for specialized applications. The global industrial enzymes market is dominated by North America due to the presence of a large number of manufacturers in the U.S. and Canada.
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Further key findings from the report suggest:
·         Industrial enzymes demand for lipases is expected to witness substantial growth, growing at over 8.0% from 2016 to 2024. Increasing demand for the product in food & beverage and textile industry is expected to augment growth over the forecast period.
·         The feed additive enzymes are expected to be the fastest growing product segment, growing at over CAGR 9.0% from 2016 to 2024. The increasing use of enzymes as a protein source in animal feed is to improve performance in livestock which in turn is anticipated to drive demand over the projected period.
·         Asia Pacific is expected to witness substantial growth, growing at a CAGR of over 10.0% from 2016 to 2024. Robust expansion in food processing industries particularly in Asia Pacific is expected to augment growth. Furthermore, the supportive regulations promoting the expansion of manufacturing industries is expected to have a positive impact on market growth.
·         Europe accounted for over 29.0% of the market share in 2015 and is expected to witness significant growth owing to rising demand in pharmaceutical and textile industry. Stringent regulations prohibiting the use of toxic chemicals and catalysts in various applications is expected to positively impact market over the next eight years.
·         Key players in the industry include BASF SE, Koninklijke DSM N.V, Novozymes A/S., Associated British Foods PLC E. I. Du Pont De Nemours and Company Adisseo France SaS, Dyadic International Incorporated CHR, Codexis Incorporated. Hansen Holding A/S, and Amano Enzyme Incorporated.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Aerospace lubricant market size is expected to reach USD 998.1 million by 2022: Grand View Research, Inc
The global aerospace lubricant market is expected to reach USD 998.1 million by 2022, according to a new report by Grand View Research, Inc. Rising number of trade activities in Asia Pacific and Middle East region has resulted in need for expansion of aviation capacity further driving lubricant demand. 
Fuel economy improvement, supportive regulatory policies and fuel emission norms have been creating additional demand for lubricant. At the same, these factors have also been pushing producers to invest in R&D and formulate usage specific products with higher serviceability and viscosity. 
Increasing air passenger traffic as a result of rapidly developing civil aviation sectors in high growth Asian markets coupled with reduced airfares as a result of high competition from aviation companies is a key factor driving aircraft utilizations and miles. This is further expected to complement the global industry growth. 
Gas turbine oil was the leading product segment and accounted for 45.0% of total market volume in 2014. High oxidative stability, water contamination resistance, and reduction of downtime are factors that are driving base oil development to meet increasing aircraft specifications. 
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Further key findings from the report suggest:
·         The global aerospace lubricant market demand exceeded 90 kilo tons in 2014 and is expected to reach 133.8 kilo tons by 2022, growing at a CAGR of 4.8%from 2015 to 2022
·         Civil aviation emerged as the largest end-use segment with demand share exceeding 65% in 2014. The sector is expected to generate high demand for lubricating oil particularly engine oil as a result of increased trans-continental travel, domestic air passenger traffic rise in Asian markets and strong preference towards aviation from locomotives in developing markets.
·         Asia Pacific was the leading consumer and accounted for 39.0% of global volume in 2014. Growing civil aviation sector as a result of reduced airfares, increased presence of aircraft operators and rising consumer income particularly in China, India, Thailand, and Indonesia is expected to drive the regional market over the forecast period.
·         Aerospace lubricant market is characterized by the presence of integrated companies who are involved in additive and base oil production as well. In regions such as China, there is a huge presence of independent blenders which leads to fragmentation.
·         Key companies in the industry include Exxon Mobil, Shell, British Petroleum, Total Lubricant, Chevron Corporation, Fuchs Group, Phillips 66, Castrol, Sinopec, Petrobras, Quaker Chemical Corporation and Aerospace Lubricant, Inc.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone:  1-415-349-0058
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In-vitro toxicology testing market size is expected to reach USD 44.7 billion by 2022; growing at an estimated CAGR of 10.5% from 2015 to 2022: Grand View Research, Inc
The global in-vitro toxicology testing market is expected to reach USD 44.7 billion by 2022 growing at an estimated CAGR of 10.5% from 2015 to 2022, according to a new report by Grand View Research, Inc. This expected rise in demand can be ascribed to novel and promising technologies in analytical laboratories. 
Advancement in bioinformatics based research for development of efficient software algorithms in order to carry out efficient stimulation of in-silico animal models in determination of toxicological response is expected to influence sector growth through to 2022. 
Full research report on in-vitro toxicology testing market: http://www.grandviewresearch.com/industry-analysis/in-vitro-toxicology-testing-market
Furthermore, rapid up gradation of databases that serve information for toxicity profiling and lethal dose determination of different compounds is anticipated to create significant potential for growth in this market during the forecast period. 
Rise in government imposed restrictions and guidelines on usage of animals for pre-clinical research and toxicology testing is also attributive towards estimated progress in this industry.
Additionally, increasing R&D in biotechnology sector for enhancement in cell based assays and cell culture techniques, is anticipated to impart significant growth potential in this sector. 
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Further key findings from the study suggest:
·         Pharmaceutical and cosmetic industry together accounted for almost 65% of total revenue generated in this sector for 2014. This large share can be attributed to rapid novel product launches for treatment of different diseased conditions wherein toxicological testing is the pre-requisite step. 
·         Cell culture technology contributed for over 42% of the revenue generated in the industry with respect to technology owing to critical role of cell culture in biotechnological development and cell based analysis 
·         Omics technology is anticipated to register lucrative growth thereby driving demand due to advancement in sequencing methods and availability of different platforms depending on source and target sequence. 
·         As a fundamental process in biopharmaceutical or pharmaceutical product development toxicological testing finds application in determination of systemic, dermal, & ocular toxicity as well as endocrine disruption 
·         Amongst the above enlisted applications, dermal toxicity is expected to witness significant progress with a CAGR of approximately 13% due to comparatively higher incidence of side effects associated with skin after administration of several compounds. 
·         North America accounted for the largest share of over 45% in revenue in 2014 owing to presence of significant number of sector players that are implementing advanced in-vitro technology. Furthermore, presence of stringent regulations pertaining to animal usage in toxicity analysis attributive towards high demand of in-vitro tests in this region. 
·         Asia Pacific is expected to witness lucrative CAGR of over 11% from 2015 to 2022 due to rapid improvement in health care infrastructure in developing economies of this region which in turn contributes to regional progress in industry. 
·         Key participants of in-vitro toxicology testing industry are Quest Diagnostics, Covance, Cyprotex, Alere, Inc, Charles River Laboratories, GE Healthcare, Thermo Fisher Scientific, Eurofins Scientific, Inc., Agilent Technologies, Catalent Pharma Solutions, Sigma Aldrich, and Bio-Rad. 
·         These participants are involved in collaborations with bioinformatics research firms in order to develop novel in-silico algorithms for computational estimation of toxicity of pharmaceutical and chemical products. 
·         Moreover, these market entities are also focusing on entering untapped regions in order to maintain their share in market revenue. 
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For More Information, Visit Grand View Research
Contact:
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Grand View Research, Inc.
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