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Showing posts from July, 2016

The Global Market for Chemical Processing Catalysts is Projected to Reach US$14.7 Billion by 2022

Innovatively Developed Catalysts and their Transformative Role in Chemical Processes to Drive Growth in the Global Chemical Processing Catalysts Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Chemical Processing Catalysts market. The global market for Chemical Processing Catalysts is projected to reach US$14.7 billion by 2022 , driven by innovatively developed catalysts, increased use of catalysts in commodity chemicals, growing adoption of metallocene catalysts and bio-catalysis, and availability of cheaper transition metals. Chemistry is at the core of more than 95% of all products manufactured worldwide as it touches number of stages in the manufacturing process in important sectors such as pharmaceuticals, communications, alternative energy, IT, buildings and transportation. Ongoing research studies are geared...

The Global Market for Biosimilars is Projected to Reach US$23.3 Billion by 2022

High Demand for Biologic Drugs & Impending Patent Expiries of Major Biologics Drive the Global Biosimilars Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Biosimilars market. The global market for Biosimilars is projected to reach US$23.3 billion by 2022 , driven by the patent expiry of several blockbuster branded biologics coupled with the strong demand for lower-priced biosimilars. Biopharmaceuticals or biologics gained popularity owing to their better efficacy over difficult diseases such as cancer and autoimmune disorders. But given their high prices and focus of global governments on reducing healthcare expenditure, aggressive efforts laid the groundwork for biosimilars. Several blockbuster biopharmaceuticals, including Roche’s Herceptin and Rituxan, Sanofi’s Lantus, and Amgen’s Neulasta, face patent expiry by 20...

The Global Market for Biostimulants is Projected to Reach US$2.5 Billion by 2022

Growing Need to Expand Agricultural Yield Drives Biostimulants Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry trends, growth drivers, market size, and demand forecasts on the global Biostimulants market. The global market for Biostimulants is projected to reach US$2.5 billion by 2022 , driven by growing population and food demand, increasing focus on yield expansion, rising concerns on environmental impact of agricultural practices, increasing awareness among growers and emergence of effective and research-based products.  Biostimulants are substances of biological origin which when applied to the soil, seed, plant or any other growing media, enhances the plant’s nutrient-using capability. These are products meant for inclusion in regular fertilization practices, and are neither fertilizers nor pesticides but natural plant growth regulators capable of rendering a positive impact on overall health of the ...

The Global Market for Automotive Entertainment Systems for OEM and Aftermarket Segments is Projected to Reach US$10.3 Billion and US$7.6 Billion Respectively by 2022

Stable Auto Production & Rising Car Density Drives the Global Market for Automotive Entertainment Systems, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Automotive Entertainment Systems markets. The global market for Automotive Entertainment Systems for OEM and Aftermarket segments is projected to reach US$10.3 billion and US$7.6 billion respectively by 2022 , driven by stable automotive production, rising passenger car density, and rise of extreme commuting. Automobiles, over the years, have become the everyday way of life for a large portion of the global population. Rapid urbanization and unchecked urban sprawl have resulted in people travelling long distances and spending more time travelling to work and back. Modern commuters on an average spend substantial amount of time on the road, thus making entertainment vital and indispensable. Drivers and passengers demand cars to be more than a mode...

The Global Market for Safes and Vaults is Projected to Exceed $4.7 Billion by 2022

Rising Asset Safety Concerns and Increasingly Security-Conscious Society Drives Demand for Safes and Vaults, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Safes and Vaults market. The global market for Safes and Vaults is projected to exceed $4.7 billion by 2022 , driven by the critical need to safeguard and secure assets and valuables amid growing security concerns, and growing popularity of biometric safes. Safes and vaults present secure and reliable storage options to protect valuable items from external threats or calamities. These products are also used for preventing unauthorized access to some of the potentially dangerous items such as firearms and legal documents. Over the last several years, the global market for safes and vaults has been experiencing healthy growth due to rising asset safety concerns and increasingly ...

The Global Market for Online Movie Ticketing Services is Projected to Reach US$28 Billion by 2022

Expanding Internet Access and Increasing Use of Mobile Devices to Drive Growth in the Global Online Movie Ticketing Services Market, According to New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Online Movie Ticketing Services market. The global market for Online Movie Ticketing Services is projected to reach US$28 billion by 2022 , driven by expanding network of Internet services, rapid pace of digitalization, and increasing frequency of movies being released. The market is especially expected to benefit from the growing use of mobile devices for online booking of movie tickets. Online movie ticketing services market has revolutionized the traditional form of movie ticket bookings, influencing ticket purchasing habits of consumers. Unlike the earlier counter-based bookings, movie tickets at present can be booked conveniently over the Int...

The Global Market for Large Diameter Steel Pipes is Projected to Reach 27.0 Million Tons by 2022

Ongoing Investment in Cross Country Pipeline Infrastructure Drives the Global Large Diameter Steel Pipes Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Large Diameter Steel Pipes market. The global market for Large Diameter Steel Pipes is projected to reach 27.0 million tons by 2022 , driven by rising energy demand, in particular for natural gas and rehabilitation of existing pipeline infrastructure. Large Diameter Pipes (LDPs) comprise a major mode of transport for natural gas, oil and other fluids from isolated areas of production and refining to consumption centers across national and international boundaries. Demand for large diameter pipes is predominantly dictated by spending patterns for oil and gas transportation. As  against railroad transportation, pipelines enable cost-effective and energy efficien...

The Global Market for Gas Detection Equipment is Projected to Reach $2.9 Billion by 2022

Stringent Regulations and Increasing Focus on Personnel & Plant Safety Drive Demand for Gas Detection Equipment, According to New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Gas Detection Equipment market. The global market for Gas Detection Equipment is projected to reach $2.9 billion by 2022 , driven by the increasing focus on personnel & plant safety, stringent regulations, growing hazards of confined spaces & high-risk operational environments, and newer application areas. Exposure to hazardous and combustible gases in various industrial settings is a major threat to workers and nearby communities, which may put numerous lives in danger. Fatal incidents along with several casualties in plants across the world result from failure of gas detection systems. Mine explosions also result in major catastrophic accidents that underscore ...

The Global Market for Foot Care Products is Projected to Reach US$3.8 Billion by 2022

Consumer Emphasis on Quality of Life & the Ensuing Focus on Preventive Foot Health Drives the Market for Foot Care Products, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Foot Care Products market. The global market for Foot Care Products is projected to reach US$3.8 billion by 2022 , driven by the aging population, high prevalence of diabetes, and growing awareness over the importance and interrelationship of foot and body mechanics that influence mobility, body posture, gait and balance. Foot diseases or other abnormal conditions of the foot are common and yet represent one of the most ignored ailments. Prolonged exposure to pressures and its distance from the body’s central circulation makes foot susceptible to myriad conditions. Often ignored due to their benign nature in most cases, foot diseases if untreated can become...

The Global Market for Nanotechnology is Projected to Reach US$110 Billion by 2022

Strategic Business, Economic, Societal & Environmental Benefits & Growing Diversity of Applications Drive Interest in Nanotechnology, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Nanotechnology market. The global market for Nanotechnology is projected to reach US$110 billion by 2022 , driven by the growing R&D efforts directed at enabling the development of diverse nanotech-based solutions in materials science and engineering. Qualifying as a technology that has the potential to have a significant impact on the world economy, nanotechnology is witnessing massive interest worldwide. The technology lays down the guiding principles for a green and sustainable economy and is therefore forecast to find attractive opportunities in the field of energy generation and clean technologies. Developments in nanomaterials for ene...

The Global Market for Nuclear Power is Projected to Reach 3.5 Thousand TeraWatt-hours (TWh) by 2022

Worrisome Increase in GHG Emissions from Fossil Fuel Drives Focus on Low-Carbon Nuclear Power, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Nuclear Power market. The global market for Nuclear Power is projected to reach 3.5 thousand TeraWatt-hours (TWh) by 2022 , driven by spiraling electricity demand and the ensuing need to revive focus on nuclear power as the most reliable and environment friendly approaches of generating electricity on a large scale. Worldwide energy consumption from all energy sources is on the rise in order to cater to the ballooning global population. While consumption of liquid fuels is expected to continue rising in industrial transportation and commercial sectors irrespective of price fluctuations, utilization in the power sector is declining as utilities switch to alternative fuels. Non-fossil-fuel e...

The Global Market for Titrators (Automatic and Manual) is Projected to Reach US$443.6 Million by 2022

Growing Demand for Electrochemical Instruments for Industrial Water Conditioning Drives Demand for Titrators, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Titrators (Automatic and Manual) market. The global market for Titrators (Automatic and Manual) is projected to reach US$443.6 million by 2022 , driven by stringent effluent regulations and water testing guidelines and the ensuing increase in investments in plant control analysis equipment. Titration, one of the oldest analytical instrument techniques, is used to determine and analyze the chemical composition of a product, substance, solution or liquid. The technique relies on chemical reaction of the substance with a reagent (or titrant) of known concentration. Titration systems are utilized in laboratories and industries for a variety of applications including research, ex...

The Global Market for Flat Panel Displays (FPDs) is Projected to Reach US$187 Billion by 2022

Growing Importance of High Performance Displays in HMI Design Drives Adoption of Flat Panel Displays, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Flat Panel Displays (FPDs) market . The global market for Flat Panel Displays (FPDs) is projected to reach US$187 billion by 2022 , driven by the expanding application of Human Machine Interface (HMI) in the electronics era and the ensuing demand for sophisticated displays as the key touch point for human interaction with devices.   Flat Panel Displays (FPDs) have become the standard form factor for electronic displays. Virtually every segment of the display market is dominated by flat panel screens. A technological leap from the bulky, power-hungry cathode ray tube (CRT) monitors, advantages of a flat planar form factor include less radiation emission, lower screen flicker, sup...