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Showing posts from March, 2015

The Global Market for Succinic Acid is Projected to Reach 654 Thousand Tonnes Valued at US$3.5 Billion by 2020

Surging Popularity of Green Chemicals Drives Demand for Succinic Acid, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Succinic Acid. The global market for Succinic Acid is projected to reach 654 thousand tonnes valued at US$3.5 billion by 2020 , driven by the increasing popularity of bio-based succinic acid. Succinic acid is a key building block for a wide range of secondary chemicals used in the chemical, pharmaceutical, food, and agricultural industries. Increasing need for green chemicals, as substitutes for conventional chemicals, for producing polymers and other complex derivatives is driving demand for bio-succinic acid. Efforts to expand production capacity of bio-succinic acid will help foster market growth in the coming years. Increasing use of succinic acid as a building block in 1, 4 Butanediol (BDO) and various other high-value and high-volume chemicals is also helping drive growth in the m...

The Global Market for Keystroke Dynamics is Projected to Reach US$796.4 Million by 2020

Increasing Need for Additional Security Layer in Legacy Systems to Drive the Global Market for Keystroke Dynamics, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Keystroke Dynamics. The global market for Keystroke Dynamics is projected to reach US$796.4 million by 2020 , driven by the growing information security concerns, increasing sophistication of security attacks and growing demand for unobtrusive and low-cost security solutions. High prevalence of cybercrime in the form of identity theft, hacking, and network security breaches will continue to drive demand for robust system and network security solutions. With traditional user authentication solutions such as login IDs & passwords and two-factor authentication solutions such as smartcards and OTP tokens failing to provide the necessary level of security , biometric technologies have emerged as an efficient alternate security solution . A part...

The Global Market for Steel Scrap is Projected to Reach 793 Million Metric Tons by 2020

Increasing Use of Recycled Steel Spurs Growth in the Global STEEL SCRAP Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Steel Scrap. The global market for Steel Scrap is projected to reach 793 million metric tons by 2020 , driven by the growing demand for steel and increasing shift towards of Electric Arc Furnaces (EAF) in the manufacture of steel. Demand for scrap metal is driven by steel, automotive and construction industries. With the growing number of steel mills using electric arc furnace (EAF) method of production, demand for steel scrap is expected to remain strong, as the process employs the use of scrap metal instead of coal to produce steel. Electric arc furnaces are a cost effective alternative to blast furnaces, as they significantly cut down costs associated with transportation of raw materials. Also driving growth is the importance being placed by emerging economies such as India...

The Global Market for Textile Glass Fibers is Projected to Reach 5 Million Tons by 2020

End-Use Market Dynamics to Set the Tone for Future Growth in the Global Textile Glass Fibers Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on the Textile Glass Fibers. The global market for Textile Glass Fibers is projected to reach 5 million tons by 2020 , driven by favorable trends in major end-use markets such as construction, automotive, and industrial equipment. Textile glass fibers, which are developed from yarns of glass fiber strands and steel wires, are used for reinforcement of plastics and composites as well as in non-reinforced applications. Demand for textile glass fibers worldwide is significantly influenced by the trends in major end-use markets such as construction, automotive, industrial/commercial equipment, marine, consumer goods, and paper & fabrics, among others. Over the years, the use of textile grade glass fibers has gained momentum, driven by the rapid strides made in...

The Global Market for Palm Oil is Forecast to Exceed 72 Million Metric Tons by 2020

Rising Demand for Sustainable Palm Oil Drives the Global Palm Oil Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Palm Oil . The global market for Palm Oil is forecast to exceed 72 million metric tons by 2020 , driven by the increasing demand for sustainable palm oil in edible and non-edible applications and rising hostility towards GMO based oils . Palm oil continues to be the largest consumed vegetable oil worldwide. Palm oil is extensively used in various food products such as bakery, biscuits, ice cream, fast foods, and snacks, among others. Palm oil is also used in manufacturing cosmetics, cleaning products including detergents and soaps, as well as fuel and animal feed products. Additionally, palm oil is used to produce grease, candles and lubricants, and is used as a feedstock to produce biodiesel. Furthermore, palm oil is a suitable replacement for mineral oils in power stations. Palm oi...

The Global Market for Medical Equipment Rental and Leasing is Projected to Reach US$63 Billion by 2020

Escalating Cost of New Equipment Buoys the Medical Equipment Rental and Leasing Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Medical Equipment Rental and Leasing. The global market for Medical Equipment Rental and Leasing is projected to reach US$63 billion by 2020 , driven by increasing budget constraints, and escalating cost of new equipment. The need for medical and healthcare institutions to purchase new and advanced medical equipment, or upgrade existing equipment in a cost-effective manner, is driving the global medical equipment rental and leasing market. The global healthcare industry is expanding rapidly, with a large number of hospitals, clinics, nursing homes, diagnostic centers, and blood banks mushrooming across the world. The developing healthcare system presents a strong business case for the sales of new medical equipment. Additionally, the increase in the number of patients s...

The Global Market for Ion Exchange Resins is Projected to Reach US$1.8 Billion by 2020

Expanding Applications to Drive the Global Ion Exchange Resins Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Ion Exchange Resins. The global market for Ion Exchange Resins is projected to reach US$1.8 billion by 2020 , driven by widening application areas, surging population, and emerging markets with large scale industrial activity. Ion Exchange Resins (IERs) are indissoluble polymers that find extensive application in end use markets such as chemicals, drinking & wastewater treatment, food & beverage, power generation, and pharmaceuticals. Surging global population, urbanization, pollution, and resource shortages are the prime factors driving the global demand for IERs. Demographic trends influencing the demand for food, water, and other resources are also poised to drive growth in the market. Further, depleting fresh water resources, urban wastewater treatment, and increasing demand...

The Global Market for Chemical Sensors is Projected to Reach US$31.2 Billion by 2020

Expanding Applications in the Medical & Environmental Sectors to Drive the Global Chemical Sensors Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Chemical Sensors. The global market for Chemical Sensors is projected to reach US$31.2 billion by 2020 , driven by the rapidly expanding applications in the medical, automotive and environmental sectors. Chemical sensors have emerged into an essential part of our technology driven society, serving diverse end-use application areas. Chemical sensors have already proven their worth in analyzing chemical composition of a sample, be it liquid or gaseous form, in a reliable and flexible manner. Use of chemical sensors has evolved over the years and currently represents the largest product market in the global sensors market, by value. Advances in medical diagnostic procedures will continue to drive new opportunities for chemical sensors. Growth in the ...

Global Mobile App Store Revenues are Projected to Reach US$82.2 Billion by 2020

Growing Penetration of Smartphones & Spurt in Mobile Internet Consumption to Drive Mobile App Store Revenue, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Mobile App Stores. Global Mobile App Store revenues are projected to reach US$82.2 billion by 2020 , driven by the growing sales of smartphones and tablets, robust increase in mobile Internet consumption, and growing use of mobile phones for multifunctional consumer applications. From a mere communication device to a digital computing device, the mobile phone has morphed characters over the decades spurring the development of new next generation mobile software applications (apps). Even today mobile phones are continuing to evolve into multitasking, multimedia devices and as tools for personal expression, enterprise computing and entertainment. Consumers prefer a medley of software capabilities, such as games apps, business apps, communication ...

The Global Market for Geosynthetics is Projected to Reach 7.3 Billion Square Meters by 2020

Large Scale Government Funded Capital Projects Drive Demand for Geosynthetics, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Geosynthetics. The global market for Geosynthetics is projected to reach 7.3 billion square meters by 2020 , driven by large scale government funded capital projects and increasing applications in the construction industry. Geosynthetics are increasingly gaining prominence in the economic and environmental development of a country. Across various end-use sectors, geosynthetic products are being widely accepted as durable, eco-friendly and cost-effective engineering solutions to enhance efficiency of a structure and reduce its environmental impact, maintenance and repair costs.  The market growth is largely driven by large scale government funded capital projects to enhance civic amenities. Buoyed by the robust infrastructure development projects in developing countries and ...

The Global Market for Card-Based Electronic Access Control Systems (EACS) is Projected to Reach US$10.1 Billion by 2020

Developing Markets to Drive the Card-Based EACS Market, According to a New Report Update by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report update on the Card-Based Electronic Access Control Systems (EACS). The global market for Card-Based Electronic Access Control Systems (EACS) is projected to reach US$10.1 billion by 2020 , driven by growing demand from new office space, commercial and residential construction projects. Access control has become one of the most critical security functions in government, enterprise, commercial & residential facilities. The ability to monitor, screen and manage the flow of individuals and restrict their unauthorized access with minimal staff and high efficiency, is spurring the demand for new-age electronic access control systems such as Card-based Electronic Access Control Systems (EACS) in these facilities. The improving enterprise, industrial and commercial business activity as evident by the ...

The Global Market for Dental Preventive Supplies is Projected to Reach US$480 Million by 2020

Growing Emphasis on Prevention of Caries Drives the Global Dental Preventive Supplies Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Dental Preventive Supplies. The global market for Dental Preventive Supplies is projected to reach US$480 million by 2020 , driven by the growing need to prevent dental caries and gum diseases among children as well as adults. Dental caries or tooth decay is one of the major issues for public healthcare systems in most countries across the world, with a significant proportion of the world’s adult population and school-going children suffering from dental caries. Rapidly changing lifestyles and dietary habits and low awareness about oral care and hygiene are increasing the prevalence of dental caries, specifically among children of low- and mid-income nations. With the incidence of dental caries on the rise, preventive care is emerging as one of the most widely use...

The Global Market for ADME-Toxicology Testing is Projected to Reach US$11.9 Billion by 2020

Growing Need to Reduce Drug Development Costs Drives the Global ADME-Toxicology Testing Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on ADME-Toxicology Testing.   The global market for ADME-Toxicology Testing is projected to reach US$11.9 billion by 2020 , driven by increase in the number of drugs under development and the growing focus on reducing drug development costs. ADME testing, also known as the pharmacokinetics of a drug refers to testing of absorption, distribution, metabolism, and excretion of a pharmaceutical compound inside an organism. When toxicity studies are clubbed together with ADME, it is known as ADME-Tox or ADMET or ADME/Tox. Increasing focus on lowering costs and time during drug development are driving the adoption of ADME-toxicology testing worldwide. The traditional drug development model uses toxicity and efficacy testing in in-vivo models, while ADME was used dur...

The Global Market for Flow Cytometry is Projected to Reach US$5.1 Billion by 2020

Expanding Application Areas to Drive the Global Flow Cytometry Market, According to a New Report Update by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report update on Flow Cytometry. The global market for Flow Cytometry is projected to reach US$5.1 billion by 2020 , driven by expanding applications in hematology, oncology, and marine biology, among others. Flow cytometry is an analytical laboratory technique that measures multiple parameters related to individual particles or cells through the use of flow cytometers.  Ranked among the most preferred tools in single cell analysis, flow cytometry performs multiple measurements on a single cell within a heterogeneous mixture, providing information about shape, size, DNA content, cell count, fluorescence-activated cell sorting, surface receptors, as well as membrane permeability. The technology finds significant use in clinical as well as research settings for the analysis of both fixed...

The Global Market for Mammography Equipment is Projected to Reach US$628.6 Million by 2020

Rising Popularity of 3D Mammography Drives the Global Mammography Equipment Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Mammography Equipment. The global market for Mammography Equipment is projected to reach US$628.6 million by 2020 , driven by the growing female geriatric population worldwide, and continued conversion from analog to digital mammography equipment. Breast cancer is one of the most common forms of cancer and is the leading cause of mortality in women worldwide. Breast cancer can be screened through various techniques and tools, including mammography, MRI and clinical examination, among others. Mammography however remains the gold standard technique in breast cancer screening, driven by a combination of factors such as cost, time taken for the procedure, required expertise to carry out the procedure and the test’s sensitivity and specificity rates. Growing awareness about bre...

The Global Market for Planting and Fertilizing Machinery is Projected to Reach US$13.2 Billion by 2020

Rising Demand in the Developing Countries Drive the Global Planting and Fertilizing Machinery Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Planting and Fertilizing Machinery. The global market for Planting and Fertilizing Machinery is projected to reach US$13.2 billion by 2020 , driven by rising new demand in the developing countries and replacement demand in developed countries. Several years of technology advancements have transformed the engineering design and delivery system of seeding and fertilizing machinery. Currently, a wide variety of sophisticated planting and fertilizing machinery are available in the market suitable for use in a broad range of planting conditions, terrains and crop type. Technology advancements poised to benefit market expansion in the near term include machinery with computer controlled metering of seed and fertilizer flow, wireless connectivity, automatic boom...

The Global Market for Dental Prosthetic & Implant Consumables is Projected to Reach US$6.0 Billion by 2020

Aging Population & Emphasis on Dental Care Drives the Dental Prosthetic & Implant Consumables Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on the Dental Prosthetic & Implant Consumables. The global market for Dental Prosthetic & Implant Consumables is projected to reach US$6.0 billion by 2020 , driven by the rising dental procedure volumes, growing awareness over the importance of dental care and emphasis on aesthetic dentistry among the aging population.   Dental prosthetics and implants such as bridges and crowns, abutments and dentures are used to provide relief to patients suffering from conditions caused by decayed teeth and missing teeth. The growth in the global market for dental prosthetic and implant consumables is driven by an aging global population, expanding number of edentulous people and advancing dental technologies. With about 4%-5% of the 65+ population bein...