Global Pigment Market (Size of $1,7587.6 Million in 2015) to Witness 6.8% CAGR During 2016 – 2022

The global pigment market was valued at $1,7587.6 million in 2015, and it is expected to grow at a CAGR of 6.8% during 2016 – 2022. The major factors driving the growth of the market globally include rapid industrialization and growing infrastructure development, majorly in Asia-Pacific and developing economies. Asia-Pacific is anticipated to create significant growth opportunities for the growth of the global pigment market. The significant growth of the paint & coating, print & ink industries, automotive and others in the region is driving the demand of pigments. The continuous investment in these industries and technological developments is also expected to drive the demand for pigments in Asia-Pacific. The growing demand for organic pigments, cosmetics, along with increasing end user industry is further expected to boost the growth of the pigment market during the forecast period.

Based on type, the global pigment market has been segmented into inorganic pigments, organic pigments, and others which are further segmented into their subtypes. The inorganic segment accounted for the largest market share among the other types in the global pigments market in 2015. The major factors driving the growth of the inorganic color pigments consumption include growth in urbanization, developing new application areas for paints and coatings, building materials, and plastics. The pigment market is anticipated to witness major growth in developing countries, owing to rise in income levels. The increasing environmental awareness of organic pigments is slowly replacing the share of inorganic pigment market. The consumers are looking at eco-friendly products, along with enhanced properties and effect that can be achieved even at the cost of higher prices.

In 2015, Asia-Pacific held the largest share in the Global pigment market with 38.6% share in terms of value and 38.3% in terms of volume. The rapid urbanization and growing industrial development are expected to be the factors contributing to the growth of the market particularly in China, India and Indonesia. North America is expected to witness steady growth, while Europe is expected to witness slow growth rate, owing to decline in infrastructure activities. Middle East & Africa is expected to grow significantly, owing to the rapid growing construction industry.

The information and data in the publication “Global Pigments Market Size, Share, Development, Growth and Demand Forecast to 2022”, represents the research and analysis of data from various primary and secondary sources. Bottom-up approach has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

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Nanochemicals Market Size, Share, Development, Growth and Demand Forecast to 2022

The growing demand of nanochemicals is driven by increasing demand of chemical-based products having multiple phases, which enhance chemical reactions and maximum product yield. The major factors propelling the growth of the global nanochemicals market in regions, such as North America and Europe include technological developments and increase in regulatory efforts to use nanochemicals in materials. The other factors contributing towards the growth of the market include applications of nanochemicals in industries, such as agrochemicals, manufacturing multifunctional coating.

Nanochemicals are manufactured by using nanotechnology on conventional chemical building blocks, such as ethane, propane, and butane. Nanochemicals consist of various advantageous properties, such as self-catalysis and anti-corrosion, as compared to other conventional chemicals. These chemicals take lesser time to carry out chemical reactions. Nano scale industry players are continuously investing in the research and development for the recent and innovative technologies in the Nano scale markets. The growing market opportunities for nanochemicals in Asia- Pacific is accompanied by foreign investment and government support, such as tax benefits in developing economies, which is expected to drive the growth of the market for nanochemicals. The restraints limiting the growth of the nanochemicals market include its very small size and easy penetrability. These chemicals can be harmful to the human body and environment. These factors are limiting its application in food, textile, and pharmaceutical industries.

On the basis of application, the global nanochemicals market has been segmented into semiconductors and electronics, cosmetics, pharmaceuticals, and others. On the basis of product type, the global nanochemicals market has been segmented into metallic nanochemicals, polymer nanochemicals, ceramic nanochemicals, and others.

Geographically, North America was the largest market for nanochemicals in 2015. The improved growth in the pigment and printing ink sector is expected to fuel the demand for nanochemicals during the forecast period. Asia-Pacific is anticipated to experience high demand for nanochemicals in the upcoming years, due to several factors, such as industrial development and shifting of companies from convectional chemicals to nano-based chemicals. The increasing use of nanochemicals in sectors, such as construction, electronics, and rubber is expected to drive the growth of the market in Asia–Pacific, as these sectors are experiencing substantial growth in developing economies, such as India and China.

Some of the major competitors in the Global nanochemical market include Advanced Nano Products Inc., Akzo Nobel, Bayer CropScience AG, BASF SE, E. I. Du Pont de Nemours and Company, ELANTAS Beck India Ltd., Huntsman Corporation, Rhodia S.A., The Dow Chemical Company, Sea Spray Aerosol Inc., Graphene NanoChem Plc, and Nano Chemical Systems.

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Global Fire Resistant Fabrics Market (Size of $3,950.8 Million in 2015) to Witness 5.2% CAGR During 2016 – 2022

The global fire resistant fabrics market was valued at $3,950.8 million in 2015, and it is expected to grow at a CAGR of 5.2% during 2016 – 2022. The factors driving the growth of the global market include increased concern for safety and stringent safety regulations, rapid industrialization, and increasing flame resistant fabrics utilization in home and commercial furnishing. Additionally, the continuously evolving demand for more comfortable and safer industrial protective clothing, along with continuous research and development for new product innovation is expected to propel the demand for fire resistant fabric.

The increasing safety regulations in developing as well as developed countries are projected to boost the growth of the fire resistant fabrics market. The safety concerns of workers in industries is of top-most priority, by setting up strict safety regulatory guidelines, government and regular authorities are taking care of it. Industrial regulations and standards such as OSHA (occupational safety and health standards) and NFPA (national fire protection association) regulations have set some codes, such as NFPA 70E and NFPA 2112 have contributed a lot towards the growth of the fire resistant fabrics market. These regulations and standards have also set a trend that regulatory agencies in South America and Asia-Pacific are following them, which will drive the demand for fire resistant fabrics additionally.

In 2015, Europe held the largest share (37.1%) in the global fire resistant fabrics market with a market size of $1,466.5 million. The fire resistant fabrics market in the region is anticipated to witness growth at a CAGR of 5.0% during the forecast period. The major reasons behind the growth of the fire resistant fabrics market in the region include stringent safety norms and increased use of fire resistant fabrics in commercial spaces.

Among the various applications, the industrial protective clothing segment held the largest share in the global market in 2015, and it also expected to witness the fastest growth during 2016-2022. The transportation application segment is emerging out as the major contributor in the global fire resistant fabrics market.

The information and data in the publication “Global Fire Resistant Fabrics Market Size, Share, Development, Growth and Demand Forecast to 2022”, represents the research and analysis of data from various primary and secondary sources. An amalgamation of bottom-up and top-down has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

Some of the major companies operating in the global fire resistant fabric market include E.I DuPont de Nemours & Co., Westex, Royal TenCate N.V., Kaneka Corporation (Japan), Solvay S.A., Teijin Ltd., PBI Performance Products Inc., Glen Raven Technical Fabrics LLC, Gun Ei Chemical Industry Co. Ltd., Huntsman Corporation, Lenzing AG, W.L. Gore & Associates Inc.

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Global Fluoropolymer Materials Market Size, Share, Development, Growth and Demand Forecast To 2022 By P&S Market Research

Fluoropolymer materials are fluorocarbon-based polymer with solid carbon-fluorine bonds. The chemical structure of fluoropolymer materials comprises polymer chains made of fluorine atoms. Fluoropolymer materials are semi-crystalline, high performance thermoplastic having high resistance towards acids, solvents and bases. Fluoropolymer are either homopolymers or copolymers. Fluoropolymer are unreactive and chemically stable, as fluorine induces more stability, as compared to chlorine. Fluoropolymer materials are broadly used in automotive, aerospace, chemical and industrial processing, transportation and construction industry. Moreover, fluoropolymer are being used for all-weather coating apparel and non-stick cookware.

The global fluoropolymer materials market was at 336.9 kilotons in 2015, and it is expected to grow at a CAGR of 5.1% during 2016-2022. The increasing use of fluoropolymer materials in automotive and electrical and electronics industry are driving the growth of the global fluoropolymer materials market.

Among the various types of fluoropolymer materials, the polytetrafluoroethylene (PTFE) segment held the largest share (60.9%) with market size of 205.1 kilotons in 2015. Polytetrafluoroethylene (PTFE) is extensively used in chemical processing and electrical and electronics industry. The fluoroelastomers segment is expected to witness the highest growth at a CAGR of 6.4% in terms of volume during the forecast period. The fluoroelastomers segment is expected to attain fast paced growth during the forecast period, due to its extraordinary level of resistance to oil, chemicals and heat. It also offers a superior service life over 200°C.

Asia-Pacific accounted for the largest share (40.3% in terms of volume in 2015) in the Global fluoropolymer materials market and it is also expected to witness the fastest growth (CAGR 5.4%) during 2016 – 2022 in terms of volume. The fast paced industrialization in Asia-Pacific region is driving the growth of the fluoropolymer market in the region. Automobile, construction and electronic industry has grown significantly in Asia-Pacific region, which in turn is generating the demand for fluoropolymer materials and offering growth opportunities for fluoropolymer materials manufacturer.

Some of the major players operating in the global fluoropolymer materials market include Daikin Industries Limited, Solvay SA, Arkema SA, Dongyue Group Ltd., Halopolymer Ojsc, Kureha Corporation, E.I. Dupont DE Nemours & Company, Asahi Glass Co. Ltd., 3M Company, Saint-Gobain, Fuxin Heng Tong Fluorine Chemicals Co. Ltd., and The Chemours Company.

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Polyetheramine Market: Global Industry Size, Share, Development, Growth and Demand Forecast to 2022

The Global polyetheramine market is driven by its wide array of applications in end-user industries, such as epoxy coating, resin, elastomer, sealants, ink and adhesive industry. Polyetheramine is primarily used for manufacturing polyamides, polyuria and epoxy curing for coating industries. Polyetheramine are curing agents that are colorless in nature and contain compounds, such as amine moieties and polyether that are widely used to increase toughness, flexibility, hydrophilicity or hydrophobicity. Polyetheramines are also used as fuel additives for cleaning valves, injectors and carburetors. Epoxy coatings are used in carbon fibers, fiber glass, and various other composite materials. These polyetheramine products are widely used in automotive, construction, and paints & coating industries.

On the basis of application, the global polyetheramine market has been segmented into composites, epoxy coating, polyuria, sealants, and adhesive. The broad range of properties of polyetheramines tends to drive the growth of the market. Epoxy coatings are durable coatings, which can be used for a range of purposes from durable paints to strong adhesives and coatings for metals and floor. It is also used to seal the surface of fresh concrete and prevent rapid loss of moisture. The other uses of polyetheramine include cement additives, demulsification of oilfield and acid neutralization.

The major factors behind the growth of the polyetheramine market would depend on the considerable growth in end-user applications and market penetration of industries consuming polyetheramine. The growing demand for epoxy coating and several composite materials are expected to increase the necessity of polyetheramine around the globe. In addition, the increasing population in the emerging economies, improved growth in industrial manufacturing, local end-user production are projected to drive the consumption of polyetheramine. The industries such as acid neutralization, cement additives is also anticipated to contribute towards the growing demand for polyetheramines.

Some of the major competitors in the polyetheramine market include Huntsman Corporation, BASF SE, Yantai Minsheng Chemicals Co., Ltd., Yangzhou Chenhua New Materials Co. Ltd, Qingdao IRO Surfactant Co. Ltd., Wuxi Acryl Technology Co. Ltd, Zibo DexinLianbang Chemical Industry Co. Ltd., Clariant, and IRO Group Inc. among others.

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Global Industry Insight Soy-Based Chemicals Market Size, Share, Development, Growth and Demand Forecast to 2022

The global soy-based chemicals market is driven by worldwide concern over environmental consequence and consumer preference towards industrial ecology, eco efficiency and demand for green chemicals. The urgency to develop noble bio-degradable product and renewable source of energy from algae and soy is also influenced by fluctuations in price of crude oil, combined with geo-political uncertainty in Middle East. All these factors have lead to the development and engineering of advanced organic compound based chemicals that have performance characteristics and undergo decomposition to prevent environmental pollution. For these reasons, the production of bio-degradable materials from renewable agricultural feedstock has attracted attention from different market segments in recent years.

The most widespread soybean derivatives include soy-milk and soy-oil. These are extensively used in food and beverage industry, owing to their high nutrient content. Soy-protein concentrate, flakes and isolates can be compounded with synthetic plastics, such as poly lactic acid; and polycaprolactone to extract chemicals, such as polyols, methyl soyate, waxes, thermoset plastics, elastomer, plasticiser, rubber compounds, isoflavones and other oleochemicals that are utilized to make edible films or moulded products, such as bio-degradable plastics, shopping bags and soaps.

These soy-based chemicals find their use across various industries, such as food and beverage, plastic and polymers, cosmetics, paints and coatings, hydrogels and adhesive. Other industries include soy-based lubricant, soy ink, soy crayon and biodiesel.

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Asia-Pacific Enteral Nutrition Market Expected to Witness the Fastest Growth (7% CAGR) Globally, During 2016 – 2022

The global enteral nutrition market was valued at $12,300.0 million in 2015, and it is expected to grow at a CAGR of 5.8% during 2016 – 2022. The factors driving the growth of the global market include increasing geriatric population, lower cost of enteral nutrition products, surge in the number of victims of malnutrition receiving treatment, high number of premature births and increasing incidence of cancer and central nervous system diseases. Enteral nutrition products are considered to be one of the best alternatives during the treatment of cancer and CNS diseases, to avoid nutrition deficiency in human body for optimal functioning of various organs. Cancer can change the metabolism of nutrient uptake in patient’s body, therefore they require good nutrition. Cancer may lead to malnutrition and weight loss; therefore, patients are required continuous nutrient feeding. Enteral nutrition is one of the best solutions to the problem. According to the WHO, there were 14.1 million new cancer cases, 8.2 million cancer deaths and 32.6 million people living with cancer (within 5 years of diagnosis) in 2012 globally. The organization also reported that 57% (8 million) of new cancer cases, 65% (5.3 million) of the cancer deaths and 48% (15.6 million) of the 5-year prevalent cancer cases occurred in the less developed regions.

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Similarly, the patients with CNS diseases also need proper intake of nutrients; therefore supporting the demand for enteral nutrition products. Now-a-days, various enteral nutrition products are available in the market. With the growing awareness about the association between health and nutrition, the benefits of nutritional products in the recovering process and their cost-effectiveness is driving the growth of the enteral nutrition market.

In 2015, Asia-Pacific held the largest share in the global enteral nutrition market with 34.1% share. The enteral nutrition market in the region is anticipated to witness the highest growth at a CAGR of 7.0% during the forecast period. The increasing birth rate, along with growing geriatric population and high number of people having malnutrition is driving the growth of the enteral nutrition market in the region. The total number of people aged 65 years and above in Asia-Pacific was estimated at 288.0 million in 2010. This number is expected to reach 911.0 million by 2050. Japan has the largest old age population in Asia-Pacific. It is expected that one out of 2.5 people in Japan would be over 60 years by 2050.

Some of the major players operating in the global enteral nutrition market include Baxter International Inc., Abbott Laboratories, B. Braun Melsungen AG, Nestlé S.A., Groupe Danone, Mead Johnson Nutrition Company, Fresenius Kabi AG, and Perrigo Company Plc.

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Global Chlorobenzene Market (Size of $1,787.3 Million in 2015) to Witness 5.4% CAGR During 2016 – 2022

The global chlorobenzene market was valued at $1,787.3 million in 2015, and it is expected to grow at a CAGR of 5.4% during 2016 – 2022. The factors driving the growth of the global market include large base of end-users, large volume application in chemical industry, and increasing consumption in Asia-Pacific. The growth of the global chlorobenzene market is largely driven by high demand for chlorobenzene in manufacturing of dyes and pigments, pesticides, pharmaceuticals and several other organic chemicals. In addition, the increasing consumption of chlorobenzene in Asia-Pacific is fueling the growth of the global market. The growing demand for chlorobenzene in personal care and pharmaceutical is creating ample growth opportunities for the manufacturers of chlorobenzene.

Among the various types of chlorobenzene, the monochlorobenzene segment held the largest share with 71.6% in terms of volume and 67.7% in terms of value in 2015. The paradichlorobenzene segment is anticipated to witness the highest growth (6.7% in terms of value) during 2016 – 2022. The increasing production of polyphenylene sulfide in China, Japan, and the U.S. is fuelling the demand for Paradichlorobenzene.

In 2015, Asia-Pacific held the largest share (79.3% in terms of volume) in the global chlorobenzene market. The region is also anticipated to be the fastest growing market for chlorobenzene, growing at a CAGR of 5.8% in terms of value during the forecast period. The major reason behind the growth of the chlorobenzene market in the region is high consumption of chlorobenzene in China and Japan. China held the largest share in the Asia-Pacific chlorobenzene market, as well as in the global market in 2015.

The information and data in the publication “Global Chlorobenzene Market Size, Share, Development, Growth and Demand Forecast to 2022”, represents the research and analysis of data from various primary and secondary sources. An amalgamation of bottom-up and top-down has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

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Global Savory Snacks Market Is Estimated To Reach $166.6 Billion Value By 2020, Driven by Rising Urbanization, Increasing Per Capita Income

The growth of the global savory snacks market is directly attributed to the demographic and economic variations, which include up surging urbanization, growing per capita income of various countries, and increasing demand for tertiary processed food. Earlier, the savory snacks were munched as makeshift food between the major meals; however due to the evolving lifestyle, they are consumed among major meals in the various developed countries.

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Not only the busy lifestyle of people has inclined their interest towards the consumption of packaged food including snacks, bakery and confectionary products, but also this trend is being fostered in the  developing countries. This in turn, is offering more growth opportunities for the savory snacks market in the developing countries, as compared to their developed counterparts.

The competition posed by various substitute products to savory snacks is persuading the savory snacks manufacturers to augment innovation within their product offerings, for sustaining their market position. The growing health concern is also influencing the savory snacks manufacturers to introduce more healthy products within their portfolio.

The supplier section of the savory snacks industry includes producers of food ingredient and packaging. Once the product is ready to be dispatched and distributed in the market, the various distribution channels, such as distributors, retail, cafes and restaurants, play a vital role in extending the product reach to consumers. However, the retail format account for the most feasible and convenient mode distribution of savory snack products- with the large retail formats, such as supermarkets and hypermarkets accounting for the largest share of grocery sales in most of the developed countries. Whereas, the small retail formats including convenience stores, independent retailers, service stations and others, accounting for a substantial share in the developing countries.

The growing organized retail formats in the developing countries are laying growth opportunities for the global savory snacks market. The increasing numbers of supermarkets and hypermarkets, along with the increasing per capita income is urging consumers’ interest towards bulk buying of savory snacks, which is mostly offered by these retail formats. Convenience store is another retail format, which is growing at global level due to growing demand for convenience shopping.

Consumers prefer variation in taste and flavor of snacks, which is persuading the manufacturers to launch new product. Moreover, the increasing inclination of consumers towards organic foods is also encouraging the savory snack companies to adopt suitable measures for customer retention.

The global market is highly competitive due to its fragmented nature, and presence of various manufacturers. However, PepsiCo has posed itself as an exception with its large share. The key reason for the growth and sustainability of PepsiCo in the global market is the strong multinational presence of the company in the food and beverage segment, and its large product portfolio of savory snacks. The company has also been into continuous innovation and addition of varieties to its savory snacks products portfolio, through various research and development investments.

Some of the major competitors in the global savory snacks market include PepsiCo., Kraft Foods, ConAgra Foods, CALBEE, Diamond Foods, General Mills, Intersnack Group GmbH, Lorenz Bahlsen, Kellogg company, and Orkla ASA.

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North America Patient Handling Equipment Market Expected to Witness the Fastest Growth (11.0% CAGR) Globally, During 2016 – 2022

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The global patient handling equipment market was valued at $9,515.9 million in 2015 and it is expected to grow at a CAGR of 10.5% during 2016-2022. Among the various end users of patient handling equipment, the home healthcare segment is expected to witness the fastest growth, a CAGR of 11.0% during the forecast period.

The global patient handling equipment market is growing at a significant rate due to increasing healthcare expenditure, increasing risk of injuries to caregivers during patient handling and growing geriatric population. The increasing prevalence of chronic diseases and advancements in technology has led to the development of easy to handle and powered patient handling equipment. And the improving healthcare infrastructure in developing countries are also driving the growth of the global patient handling equipment market.

Patient handling equipment are equipment used for safely moving or supporting a patient or any of his body part. The equipment improves working conditions of caregivers by reducing biomechanical overload risk, work-related injury and requires high amount of care and skill technique. In addition, the equipment improves quality of patient care and account for patient safety. The factors such as lack of training provided to caregivers for efficient operation of equipment and difficulty in handling bariatric patients are inhibiting the growth of the global market.

Geographically, Europe dominated the global market of patient handling equipment in 2015; whereas the North American market is expected to witness the fastest growth, a CAGR of 11.0% during the forecast period. This is due to the high awareness among caregivers for safe patient handling and stringent regulations in the region.

Some of the key companies operating in the global patient handling equipment market include Stryker Corporation, Hill-Rom Holdings Inc., Invacare Corporation, Getinge Group, Prism Medical Ltd., Guldmann Inc., LINET Group SE, Joerns Healthcare LLC, Stiegelmeyer-Group, and Handicare.

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