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robyn gomez

robyn gomez

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe.

Website URL: https://www.hexaresearch.com

The global Automotive Fuel Cell Market was estimated over 5, 000 units in 2015. It would grow at a CAGR of nearly 13% in the forecast period (2016-2024). The market can reach over 10, 850 units by 2024. Expansion across fuel cell vehicles or FCVs owing to pollution-awareness will drive the industry in the near future.

FCVs or fuel cell electric vehicles (FCEVs) run primarily on hydrogen. About 80 million tons of hydrogen are generated each year to cater to the demand for hydrogen fuel cells in FCEVs. Hydrogen infrastructural developments are the key market propeller.

In 2015, the transportation sector largely contributed to carbon dioxide emissions in the U.S., adding to the greenhouse gas problem. The use of FCEVs may curb pollution. A fuel cell contains electrodes. It converts chemical energy into electrical through electromechanical reactions. Electrolytes move electrically-charged elements from one electrode to another, speeding-up chemical reactions in cells.

Biogas, natural gas, and other alternatives are used in fuel cells. This aids in reducing & eliminating noise & air pollution, as hydrogen in combination with oxygen, creates water. FCEVs are free of combustion during energy production.

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https://www.hexaresearch.com/research-report/automotive-fuel-cell-market

Low corrosion and lack of ‘high operation temperature’ owing to the absence of combustion are likely to boost the longevity of vehicles. This coupled with their lower maintenance costs can add industry growth. Research & development (R & D) activities should create business opportunities, leading to more employments.

High costs of automotive fuel cells are predicted to hamper the industry. Moreover, lack of technological advancements can hinder the industry. The Automotive Fuel Cell Market is split into applications and regions.

Applications include light-duty vehicles and materials handling. The former accounted for over 50% of the worldwide consumption in 2015. It will also dominate during the next eight years.

Many vehicle manufacturing firms have begun running ‘automotive fuel cell’ programs to encourage technological advancements. Light duty vehicles would grow at around 12.5% CAGR from 2016 to 2023. Their growth should be attributed to technological innovations and their reducing costs.

Materials handling is projected to witness a CAGR of about 15% in the near future. Its applications across airports, distribution centers, and inventory management can contribute segment expansion in the eight years ahead.

In addition, minimal operating costs and low-needed maintenance of these cells can raise market incomes. Regions encompass North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA). Asia Pacific led in terms of demand, capturing over60% of the total volumes in 2015. It is anticipated to display significant growth accredited to regional support on product promotions.

Europe may surface as a key region. To commercialize fuel cell technology, the U.S. Department of Energy (DOE) rewarded over USD 7 million in 2013. Due to constant assistance from the U.S. DOE, private firms, & national laboratories; the Automotive Fuel Cell Market has noticed upward trends in the last few years.

The worldwide market is highly competitive and characterized by numerous large players and small & medium-sized enterprises. Major competitors are Toshiba, Panasonic, Ballard, Plug Power Inc., and Acumentrics SOFC Corporation.

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/automotive-and-transportation-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
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Website - https://www.hexaresearch.com/

The global Hernia Repair Market is expected to reach USD 6.60 billion by 2024. Rigorous research & development activities, growing number of obese patients and high susceptibility of geriatric patients to suffer from hernia are expected to drive the market over the forecast period. Increasing technological sophistication in repair devices and rigorous research and development of the drug-eluting mesh is projected to boost the demand for hernia repair devices and consumables.

Post-operative pain is growing concern post-repair with synthetic mesh. Though the cause of pain varies from patient to patient, a primary reason for pain is inflammation associated with the synthetic mesh. Other chronic illnesses related to the use of implanted mesh are abdominal pain, infection (sepsis), bowel obstruction and adhesion. In spite of increasing technological sophistication in mesh technology, synthetic materials remain the most widely used mesh products for hernia repair especially the polypropylene mesh due to their low cost and easy availability.

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https://www.hexaresearch.com/research-report/hernia-repair-market

The biological mesh is gaining momentum in developed countries especially in the U.S. Biologic mesh development has overcome the problem associated the synthetic mesh including foreign body interaction, chronic inflammation, infection, and stiffness. Presence of favorable reimbursement policies coupled with the well-regulated healthcare insurance and increasing prevalence of an inguinal and ventral hernia in developed economies have rendered increased acceptance of this product.

The above mentioned factors collectively boost demand for overall hernia repair consumables and surgical devices market over the forecast period. Owing to shortcomings of synthetic mesh, manufacturers are working on developing cost-effective and technological advanced mesh. For instance, Ariste Medical is developing drug-eluting mesh. These repair products are anticipated to improve the patient outcomes specifically in vascular procedures including hernia and peripheral bypass hemodialysis processes.

Also, manufacturers are focusing on developing composite or hybrid mesh. The hybrid mesh is a result of the combination of best features of biologic and synthetic mesh. Mesh that combines a minute quantity of synthetic material such as polypropylene and biologic building blocks derived from animal tissue has the property to diminish the hazards of inflammatory reactions along with providing long-term durability. Medtronic and COOK Medical are investing in the development of cost-effective composite mesh. This product may overcome the disadvantages associated with the synthetic mesh such as inflammation, sepsis and abdominal adhesion. These factors render cost advantage over the biologic mesh, which in turn is expected to boost the hernia repair market.

Hexa Research has segmented the global hernia repair market based on product, procedure, and region:

Segmentation by product, 2014 - 2024 (USD Million)

• Consumables

• Synthetic Mesh

• Biologic Mesh

• Surgical Devices

Segmentation by procedure, 2014 - 2024 (USD Million)

• Tension Free

• Open Hernia Repair

• Laparoscopic

Segmentation by region, 2014 - 2024 (USD Million)

• North America

• U.S.

• Europe

• Germany

• Asia Pacific

• China

• Central & South America

• Brazil

• Middle East & Africa

• UAE

Key players analyzed:

• Ethicon, Inc.

• Medtronic

• C. R. Bard

• Atrium

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/medical-devices-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The global Military Radar Systems Market to reach USD 14.46 billion by 2024, driven by the rising need for improving safety and security on the borders and rising conflicts among neighboring nations. North America was the largest regional market commanding the highest revenue share in 2016 and is expected to maintain its dominance over the forecast period.

The region is home to many active vendors such as Raytheon Company and Northrop Grumman Corporation in the defense market at large. Rise in investment activities, especially in developing countries such as China and India to strengthen their armies is expected to boost the military radars systems market over the forecast period.

The ground-based radar platform dominated the market owing to its uses and applications in surveillance and weapon guidance. The segment is expected to continue to dominate the market over the forecast period as well. Airborne radars are widely used for guiding missiles and for tracing accurate and precise targets. Naval radars are expected to follow a similar growth trajectory with an expected increase in demand over the forecast period.

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https://www.hexaresearch.com/research-report/military-radar-systems-market

Growing safety and security concerns with the nations along with rising investments and defense budgets are expected to spur growth in military radar systems market. Technological advancements in the military radar systems industry are leading to the growth and development of lightweight military radars which is projected to add to the growth of the market over the forecast period.

The military radar systems market is estimated to witness growth in demand owing to the escalation in terrorist activities, border intrusions, and inter-country conflicts. Military radars are used for accurate and precise detection, surveillance, tracking, warning, and ground mapping of weapons and aircraft in the war zone.

While the market for military radar systems is expected to grow over the forecast period, it remains susceptible to the prevailing economic situations. The result of economic slowdown has affected military spending in many countries, hindering the growth opportunities for defense market at large.

European countries, such as Germany, UK, and Russia have observed cut down in defense expenditure owing to the financial crises and macroeconomic conditions. Furthermore, the development of space-based radars involves considerable expenditure on R&D activities, engineering, and production.

Hexa Research has segmented the global military radar systems market based on platform, application and region:

Segmentation by platform, 2014 - 2024 (USD Billion)

• Ground-Based

• Naval

• Airborne

• Space-based

Segmentation by application, 2014 - 2024 (USD Billion)

• Weapon guidance system

• Surveillance

Segmentation by region, 2014 - 2024 (USD Billion)

• North America

• U.S.

• Asia Pacific

• China

• India

• Europe

• France

• UK

Key players analyzed

• Lockheed Martin Corporation

• Boeing

• Northrop Grumman Corporation

• Raytheon Company

• Saab Sensis Corporation

• BAE System PLC

• Airbus Group

• General Dynamics Corporation

• Leonardo DRS

• Harris Corporation

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/technology-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The Europe Fuel Card Market is expected to reach USD 264.95 billion by 2024 owing to the rising demand for cashless transactions, and availability of add-on benefits. The evolution of technologies in the payment industry has made people more inclined towards smart payment options which ensures a track on their spending as well securely. This increased need for safe and reliable digital payment is expected to drive the fuel card industry in Europe over the next few years.

Fleet managers have been looking for viable real-time solutions to ensure appropriate tracked spending. The fuel cards not only provide with the discounts and rebate but it also comes with online reporting tools which provide fleet managers with in-depth data as to where their fuel card has been used, who used it and for what purpose. Managers also can limit the fuel card spending real time.

The loyalty program provides drivers with fuel points on their purchase. It also has different advantages such discounts on non-fuel items, offers, and gifts. Thus, is expected to boost the fuel card industry.

Fuel cards prevent theft; hence, they help fleet managers reduce unaccounted spending. A fuel card is accessed using the secured pin and driver is obliged to show his identity proof while using. Thus, it helps prevention of theft in employees and is expected to drive the fuel card industry in the near future.

Browse Details of Report @
https://www.hexaresearch.com/research-report/europe-fuel-card-market

The universal card has penetrated the European market and fleet managers are inclined to use it due to the various benefits it offers. Branded cards from the oil companies such as ESSO, BP, and Shell are widely used and hold second largest market share in the forecast period.

The light weight vehicle is the ones who are major users of fuel cards. However, the heavy vehicles segment is expected to grow over the forecast period owing to the increasing commercial transport.

The UK was the largest and is likely to be the fastest growing market with a CAGR of 20.7% over the forecast period. Germany will see a steady growth during the forecast period. Many big players are opting for merger and acquisition to expand their presence in the region. For instance, international players such WEX and FLEETCOR have entered into Europe by taking over ExxonMobil and Shell respectively.

Hexa Research has segmented the Europe Fuel Card market on the basis of type and conveyance on a regional and country level:

Segmentation By Type, 2014 - 2024 (USD Million)

• Universal card

• Branded/Proprietary card

• Merchant card/Bank card

Segmentation By Conveyance, 2014 - 2024 (USD Million)

• Light weight

• Heavy weight

Segmentation By Country, 2014 - 2024 (USD Million)

• Germany

• UK

• Italy

• France

• Spain

Key Players Analyzed

• FLEETCOR, LLC

• WEX

• DKV EURO SERVICE GmbH + Co. KG

• UK Fuels Limited

• W.A.G. Payment Solutions, a.s.

• BP PLC

• ExxonMobil Corporation.

• Shell

• Aral

• Total

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/consumer-goods-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The global Hypodermic Needle Market to reach USD 4,238.9 billion by 2024. Implementation of stringent legislation to reduce needlestick injury and increasing awareness related to safety needles among the healthcare provider is expected to drive the hypodermic needle market over the forecast period. Furthermore, increasing awareness of the regular immunizations coupled with increasing preference for regular health check-ups will further escalate the demand for hypodermic needles over the forecast period.

Moreover, rising geriatric population, increasing prevalence of diabetes, improving healthcare hygienic sample withdrawal practices in emerging economies such India, China, and Brazil is projected to propel the demand for hypodermic needle over the forecast period. However, the high cost of automated safety needles and the introduction of needleless delivery mechanisms might restrain the market growth in the forecast period.

Browse Details of Report @
https://www.hexaresearch.com/research-report/hypodermic-needles-market

Worldwide, needlestick injuries are the primary concern for healthcare providers. In the U.S., every year, approximately, 8 to 10 lac needlestick injuries occur to healthcare workers, and about 1000 of them get contacted with infectious diseases, and 500 to 600 die each year due to these type of injuries. The cost of needlestick injury follow-up in the U.S. per incident is approximately USD 3,000, and around USD 3 billion is spent annually in the U.S. on needlestick injuries. Hence, the increasing occurrence of these type of injuries results in the development of improved and effective safety needles.

Safety engineered devices (SEDs) are categorized into passive and active devices. Passive needles are highly preferred over conventional needles owing to its advantages such as user-friendliness and others. Also, with the implementation of the regulations promoting the use of safety hypodermic needles will further enhance the acceptance of these needles over the forecast period. For instance, World Health Organization (WHO) encourages injection safety worldwide through the Safe Injection Global Network (SIGN).

Exposure to needlestick injuries may cause severe blood-borne diseases such as HIV and Hepatitis. Owing to the increasing occurrence of needlestick injuries, healthcare providers are shifting towards the use of safety hypodermic needles. Furthermore, manufacturers are focusing on developing needles and syringes safety-engineered mechanisms to avoid any injuries. For instance, BD has developed SafetyGlide, Vacutainer Eclipse blood collection needle, and VanishPoint blood collection safety needle. Hence, increasing focus on the development of advanced engineered mechanisms about the needles performance and efficiency will further drive the growth.

Hexa Research has segmented the global hypodermic needle market based on type, end-use and region:

Segmentation by product type, 2014 - 2024 (USD Million)

• Safety Needle

• Non-safety Needle

Segmentation by end-user, 2014 - 2024 (USD Million)

• Hospitals & Clinic

• Diagnostic Lab

• Homecare

Segmentation by region, 2014 - 2024 (USD Million)

• North America

• U.S.

• Europe

• Germany

• Asia Pacific

• Japan

• China

• India

• Central & South America

• Brazil

• Middle East & Africa

Key players analyzed:

• Becton, Dickinson, and Company

• Medtronic

• Retractable Technologies

• Terumo Medical Corporation

• Smiths Medical

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/medical-devices-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The global Biosimilars Market is expected to reach USD 13.1 billion by 2024 on account of increase in the prevalence of chronic diseases such as cancer, diabetics, cardiac disorders and autoimmune diseases. Rising demand for the cost-effective therapies is expected to drive the market in the forecast period. Biosimilars are about 30% cheaper than their counterpart biologics. Furthermore, the patent expiry of the blockbuster drugs is anticipated to provide a lucrative opportunity for the growth of biosimilars. For instance, a patent for Bevacizumab, sold under the trade name Avastin is expiring in 2019.

Moreover, increasing government initiatives, speedy drug approvals and reimbursement policies are expected to boost the market for the biosimilars in the study period. Also, market giants are adopting merger & acquisition strategies to increase their product portfolio. For instance, in 2015, Pfizer, Inc. acquired Hospira, a key player in biosimilars market.

Browse Details of Report @
https://www.hexaresearch.com/research-report/biosimilars-market

In 2016, oncology was the largest segment, accounting for 32% market share. Increasing prevalence of cancer across the globe is the key factor driving the growth of the market over the forecast period. For instance, according to the American Cancer Society, an estimated 1.6 lakh people suffered from cancer in 2016. Also, increasing government initiatives to provide cost effective treatment to cure deadly diseases will boost the penetration of biosimilar in developing countries which in turn will increase the market for biosimilar over the forecast period. For instance, WHO launched a pilot program for prequalifying biosimilar drug, making some of the most expensive treatments for cancer more widely available in developing countries. Under this initiative, WHO has focused on two essential drug rituximab (principally used for the treatment of non-Hodgkin's lymphoma and chronic lymphocytic leukaemia), and trastuzumab (for the treatment of breast cancer).

In terms of region, Europe dominates the market for biosimilars followed by North America. The dominance of Europe is due speedy approval of the drug by European regulatory bodies. Furthermore, improving healthcare infrastructure and ageing population is expected to drive the market over the forecast period. However, Asia Pacific is projected to be the fastest growing region owing to the increasing disposable income of middle-class families, growing medical tourism and improving healthcare infrastructure. Furthermore, increasing investment in R&D activities by pharmaceutical giants is expected to boost the market in the projected period.

Hexa Research has segmented the global biosimilars market based on indication and region:

Segmentation by indication, 2014 - 2024 (USD Million)

• Blood Disorders

• Oncology

• Chronic & Autoimmune Diseases

• Others

Segmentation by region, 2014 - 2024 (USD Million)

• North America

• U.S.

• Europe

• Germany

• Asia Pacific

• China

• India

• Japan

• Rest of the world

Key players analyzed:

• Dr. Reddy’s Laboratories Ltd

• Mylan

• Shanghai Fosun Pharmaceutical (Group) Co., Ltd.

• Pfizer Inc.

• Sandoz International GmbH

• Teva Pharmaceuticals Industries Ltd.

• Amgen Inc.

• STADA Arzneimittel AG

• Biocon

• F. Hoffmann-La Roche Ltd.

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/healthcare-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The global Commercial Telematics Market is expected to reach USD 114.28 billion by 2025 on account of to the rapid penetration of smart connectivity systems in passenger cars as well as commercial vehicles. Continuous software developments to link smartphones to the vehicle to improve drive quality, increase road safety, and monitor real-time positioning of automobiles to avoid congestions in case of any emergency situations are key parameters contributing to the growth of the market.

Features such as vehicle tracking, fleet management, satellite navigation, and wireless vehicle safety ensure improved ride quality. Such features are expected to fuel the market over the forecast period.

Browse Details of Report @
https://www.hexaresearch.com/research-report/commercial-telematics-market

Solutions such as infotainment systems and services such as maintenance & training services are gaining momentum pertaining to rising awareness regarding driver and passenger safety. Furthermore, supporting government regulations regarding implementation of automotive telematics are expected to drive the market over the forecast period. For instance, in March 2016, the Japanese government joined hands with the U.S. and Europe for R&D on autonomous vehicles where commercial telematics have a wide scope.

Insurance telematics accounted for 10.2% of the overall market share in 2016. The segment is anticipated to experience high demand for commercial telematics over the forthcoming years attributed to the need to increase safety and reduce the loss from accidents.

Integration and deployment have important features such as safety-related data, location-based data, diagnostic data, communication features and interactivity features. These features help the commercial vehicles to keep a complete track of the vehicle and are very useful in various instances such as breaking down of the vehicle, track fuel efficiency and radio communication. The segment is likely to grow at a 24.4% CAGR over the forecast period.

North America and Europe together dominated the global market contributing to over 65% of the revenues generated in 2016. The rise in concern of security, driver safety, and the increase in the need for vehicle tracking are some of the key factors resulting in the technology establishing a strong foothold in the regions over the past few years.

PTC, Inc., TomTom Telematics, Zonar Systems, Inc., OCTO Telematics Ltd, Trimble Inc., Verizon Telematics, Inc., Mix Telematics International (PTY) Ltd, Koito Manufacturing, Omnitracs, LLC, Masternaut Limited, Inseego Corporation and Volkswagen Commercial Vehicles are some of the key players in the market.

Hexa Research has segmented the global commercial telematics market on the basis of solution, services, vehicle type, product, source and region:

Segmentation By Solution, 2014 - 2025 (USD Million)

• Fleet/Asset Management

• Navigation & Location Based Systems

• Infotainment Systems

• Insurance Telematics

• Safety and Security

• Remote Alarm and Incident Monitoring Solutions

• V2X

• Others

Segmentation By Service, 2014 - 2025 (USD Million)

• Integration & Deployment

• Consulting & Design

• Maintenance & Training Services

Segmentation By Vehicle Type, 2014 - 2025 (USD Million)

• Passenger Cars

• Commercial Vehicles

Segmentation By Product, 2014 - 2025 (USD Million)

• Hardware

• Software

Segmentation By Source, 2014 - 2025 (USD Million)

• Aftermarket

• OEM

Segmentation By Region, 2014 - 2025 (USD Million)

• North America

• U.S.

• Canada

• Europe

• France

• UK

• Germany

• Asia Pacific

• India

• South Korea

• Japan

• China

• Central & South America

• Brazil

• Mexico

• Middle East & Africa

Key Players Analyzed

• PTC, Inc.

• TomTom Telematics

• Zonar Systems, Inc.

• Octo Telematics Ltd.

• Trimble Inc.

• Verizon

• Mix Telematics

• AirIQ Inc.

• Omnitracs, LLC

• Masternaut Limited

• Inseego Corporation

• Volkswagen Commercial Vehicles

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/technology-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The global Synthetic Diamonds Market is estimated to be worth USD 28.26 billion by 2024 as a result of its increasing demand for cutting, polishing, and drilling. Increasing utilization of these functions for development of infrastructure coupled with the growing spending on the sector is likely to propel market growth over the projected period.

Expansion of the electronics and healthcare production base in countries including India and China is expected to provide new opportunities for the development of the market. Presence of manufacturing bases of companies including Samsung, Apple, Sony, Abbott, and GSK in Asia Pacific is expected to drive the demand for synthetic diamonds in various industrial applications.

North America synthetic diamond market was valued at USD 3.89 billion in 2016 and is expected to witness above-average growth in light of rebound of the manufacturing sector. However, the presence of a stringent regulatory framework for the mining sector is likely to deter growth. Nonetheless, usage of synthetic diamonds in the existing mining processes is expected to support the market.

Browse Details of Report @
https://www.hexaresearch.com/research-report/synthetic-diamond-market

Asia Pacific is likely to witness the fastest growth at a 9.1% CAGR over the projected period owing to the tremendous untapped potential of the manufacturing sector in the region. Increasing use of synthetic diamonds in various manufacturing processes owing to their relatively low cost and ease of availability.

Polished synthetic diamond market is anticipated to grow at a CAGR of 8.3% over the projected period on account of their relatively low demand in industrial application. However, the increasing use of these stone in jewelry coupled with the rising consumer awareness regarding fashionable accessories is expected to open new avenues for the growth of the market.

Electronics was the largest application segment and is expected to witness growth at a CAGR of 8.7% over the projected period. Increasing demand for consumer electronics including washing machines, refrigerators, HVAC, smartphone, and tablets is expected to drive the market for synthetic stones subsequently.

Centaurus Technologies Inc., Applied Diamond Inc., Element Six, New Diamond Technology, and ILJIN are some of the prominent players in the market. These companies are focusing on R&D to develop stones with a higher carat. For instance, using the HPHT process, New Diamond Technology (NDT) unveiled a 10.07 carat blue stone in September 2016.

Hexa Research has segmented the global synthetic diamonds market based on operating process, type, application and region:

Segmentation by process, 2014 - 2024 (USD Million)

• HPHT (High Process High Treatment)

• CVD (Chemical Vapor Deposition)

Segmentation by type, 2014 - 2024 (USD Million)

• Rough

• Polished

Segmentation by application, 2014 - 2024 (USD Million)

• Construction & Mining

• Electronics

• Jewelry

• Healthcare

• Others

Segmentation by region, 2014 - 2024 (USD Million)

• North America

• U.S.

• Europe

• Russia

• Asia Pacific

• India

• China

• Rest of the World (RoW)

Key players analyzed

• Applied Diamond Inc

• Centaurus Technologies Inc.

• Crystallume

• Element Six

• ILJIN

• New Diamond Technology

• Pure Grown Diamonds LLC

• Scio Diamond Technology

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/advanced-materials-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

Global Activated Carbon Market size is likely to be valued at USD 5.3 billion by 2020; as per a new research report by HexaResearch. Increase in commercial & residential waste water treatment demand owing to escalation in water prices is anticipated to drive the growth. Growth in air filtration demand owing to rapid industrialization n countries such as China, Russia, India, Brazil and Mexico is likely to positively influence overall growth.

Favorable regulations such as “Clean Air Mercury Rule” from EPA for lowering mercury emissions from coal-power fired industries are likely to support activated carbon market demand. Tight raw material supply situation of coal, wood pulp and coconut shell is likely to affect overall industry profitability.

Powdered activated carbon (PAC) dominated the product segment and accounted for over 56% of the total volume in 2013. Increasing application scope in cement industry, municipal treatment, groundwater remediation and beverage industry is likely to drive its growth. GAC (granular activated carbon) is anticipated to witness gains at an estimated CAGR of 11% from 2014 to 2020.

Browse Details of Report @
https://www.hexaresearch.com/research-report/activated-carbon-industry/

Key report insights suggest:

•Global activated carbon market size was estimated 1.37 million tons in 2013 and may register 2.96 million tons by 2020 growing with an estimated CAGR of 11.7% from 2014 to 2020.

•Liquid phase applications dominated demand and accounted for 55.3% of the share in 2013. Activated carbons are widely preferred in removing containments from ground water which helps in addressing consumer health concerns. Gas phase applications are likely to witness highest gains of 14.3% from 2014 to 2020.

•Water treatment dominated end-use segment and accounted for 41.2% of the total volume in 2013. Air purification is anticipated to be the fastest growing end-use segment with expected gains of 13.8% from 2014 to 2020.

•Asia Pacific dominated the regional market and accounted for 41.1% of the total volume in 2013 and is also likely witness highest gains of over 12% from 2014 to 2020. Presence of large scale manufacturing units in countries such as China and India are likely to drive regional demand. North America is anticipated to grow at an estimated CAGR of 11.4% from 2014 to 2020.

•The global activated carbon market is consolidated with top three companies comprising over 70% of the share by revenue. Major companies include Calgon Carbon, Haycarb PLC, ADA-ES Inc., MeadWestvaco Corp, Cabot Corp, Siemens Water Technologies and Jacobi Carbons.

For the purpose of this study, HexaResearch has segmented the activated carbon market on the basis of product, application, end-use and region:

Global Activated Carbon Product Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

•Powdered Activated Carbon (PAC)

•Granular Activated Carbon (GAC)

•Others

Global Activated Carbon Product Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

•Liquid Phase

•Gas Phase

Global Activated Carbon End-Use Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

•Water Treatment

•Food & Beverage Processing

•Pharmaceutical

•Automotive

•Air Purification

•Others

Global Activated Carbon Regional Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

•North America

•Europe

•Asia Pacific

•RoW

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/specialty-and-fine-chemicals-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

The global Automotive Plastics Market is poised to exceed USD 66 billion by 2024. The market is anticipated to grow at a healthy CAGR of over 13.5% from 2016-2024 (forecast period). Demand for interior & exterior furnishings & power train applications can fuel the global market in the forthcoming years.

Alloys & metals are increasingly being substituted with plastics in automobile parts. This leads to enhanced component performance & chemical corrosion resistance owing to reduced vehicular weight. Greater focus on emission control and on the reduction of vehicle weight will fuel market demand during the forecast period. Other market drivers are enhanced vehicle designs and demand for automobiles. The automotive market has been witnessing a growing trend towards vehicular weight reduction for enhanced fuel efficiency.

Besides reducing the weight of vehicles, these compounds are employed to enhance aesthetics, reduce vibrations, and decrease noise & cabin insulation. However, high costs of raw materials and substantial investments could hinder market growth. Most automotive plastic products are derived from petrochemicals. The availability of crude oil determines the supply of petrochemicals. The non-recyclable nature of automotive plastics can impede market progress.

Browse Details of Report @
https://www.hexaresearch.com/research-report/automotive-plastics-industry

The global automotive plastics market is categorized into products, applications, and regions. Products include polyethylene, acrylonitrile butadiene styrene (ABS), polyurethane, polypropylene, polyvinyl chloride (PVC), polycarbonate, polyamide, and polymethyl methacrylate (PMMA). Polypropylene led the market in 2014 with a revenue exceeding USD 5 billion. Engineering metals & plastics are increasingly being replaced by PP-based materials in the production of automobile parts. This leads not only to vehicular weight reductions but also to significant costs savings. Polypropylene and polyethylene foams are commonly used for vibration and noise dampening & thermal solidity.

PMMA holds a smaller market share. However, this segment may witness substantial growth in the forecast period. This owes to the widespread application of PMMA in automobile light covers, windows, trims, and glazing. It is also used as a replacement for glass.

Based on applications, the automotive plastics market is divided into electrical components, power train, under the hood, interior & exterior furnishings, and chassis. In 2014, electrical components held the largest share and surpassed USD 6 billion. Interior & exterior applications held a share of over 32% in 2014 and can grow at a CAGR of over 9% during the forecast period. Bumper systems, fascia systems, body & light panels, and steering wheels are the key components that use automotive plastics. ‘Power trains’ is anticipated to be the fastest growing segment and may register a CAGR of over 10% during the next eight years.

Based on regions, the global automotive plastics market is segmented into Asia Pacific, Europe, North America, and Rest of the World. The Asia-Pacific automotive plastics market dominated the industry in 2014. In terms of revenue, the region reported USD 9.5 billion during the same year. The shift of automotive manufacturing units to countries, such as India, China, Thailand, and Indonesia propels the Asia Pacific market. Demand is attributed to supportive government initiatives and the availability of cheap labor. Central & South America could grow at a decent CAGR of over 10.5% from 2016 to 2024. Major companies operating in the industry are Johnson Controls, The Dow Chemical Company, Akzo Nobel N. V., Delphi Automotive PLC, and Evonik Industries A. G.

Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/plastics-polymers-and-resins-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website - https://www.hexaresearch.com/

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