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Smart Glass and Smart Window Market Impacting Factors

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Allied Market Research adds “Smart Glass and Smart Window Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Smart Glass and Smart Window 1

The significant impacting factors of smart glass and smart window market include surging demand for smart glass based products in construction sector, stringent government regulations to control risk-oriented incidents and smart glass compensating artificial expenditure. Along with these factors, the market is also influenced by the new advancements in the technology. The above-mentioned factors collectively created opportunities for the market growth while factor such as high price of smart glass limiting the usage and lack of awareness on long-term benefits are posing limitations in the market. However, each factor would have its definite impact on the market during the forecast period.

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Active glasses accounted for the highest share, i.e., 88.0%, of the overall smart glass and smart window market size in 2015, owing to increasing demand of smart glass based products in construction sector along with its influential benefits in aircraft and marine areas. It is playing a significant role in automotive field too where the luxurious car manufacturing companies are going for smart glass to be incorporated in their vehicles.

Automotive segment captured major chunk in smart glass and smart window market share followed by construction and marine. Construction accounted for 43.2% as the total market share globally in 2015 and is expected to witness highest CAGR of 16.9%. Its demand lies on the fact that the application is compensating all other expenditures including air-conditioning, lighting, heating etc.

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North America marked highest share in 2015 with 31.8% in the total revenue of worldwide smart glass and smart window market. The market is driven by increasing demand for smart glass in North American countries. In recent years, several offices, hotels and residential homes installed smart glass in their properties. With more and more companies indulging themselves in smart glass market in North America, the market is warming up.

According to Komal Sharma, Research Analyst, Semiconductor and Electronics at AMR Increasing demand for smart glass based products in construction buildings is driving the growth of smart glass and smart window market exponentially since, the smart glass incorporated in such buildings have long term benefits and also the quality to entice the users. Though the application of smart glass is also used in aircraft and marine sectors but the growth is moving with pace. However, automotive sector is competing with construction buildings by generating the highest revenue for smart glass market.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Rigid Packaging Market by End-user industry (Food & beverage, Pharmaceutical, Personal Care, Others)

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Rigid Packaging

Allied Market Research adds “Rigid Packaging Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Rigid packaging generally includes packaging through materials such as glass, plastics, metal and paper & paperboards. All of these materials are used for packaging at varying degrees and give protection to the products. Almost all the rigid packaging material are strong, the strength to the packaging is provided by the amount of the material used in the production. The global rigid packaging market growth is largely driven by increasing consumer goods demand, improving packaging recycling rates, and low cost of rigid plastic packaging. However, the rigid packaging market growth is restrained by factors such as increasing adoption of flexible packaging materials, Eurozone economic uncertainty, fluctuating raw material prices and stringent regulations.

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The global rigid packaging market is segmented based on material type, end-user industry and geography. By material type, the rigid packaging market is categorized into plastics, metal, paper & paperboard, glass and others. The rigid plastics segment was the most dominant material type in 2016 accounting for 39.1% of the overall market. High adoption of rigid plastics for packaging is due to their low weight, maintaining freshness of the product, reduced breakage and low cost. The market for rigid plastics packaging is expected to grow at a CAGR of 6.9% during the forecast period largely driven by increasing demand from fresh food & beverages, home & personal care goods, and pharmaceutical industries. The fastest growing material type in the global rigid packaging market is the others segmented which comprises of bioplastics and wood. Bioplastics are made from biodegradable feedstock, which enables them to degrade into the soil similar to other organic matter. The high growth for bioplastics in packaging is due to their rising awareness among the global population and their replacement with conventional plastics.

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The global rigid packaging market based on end-user industries has been classified into food & beverages, pharmaceuticals, personal care and others. The food & beverage segment dominated the rigid packaging market accounting for $308.1 billion in 2016. Rigid packaging plays a key role in food and beverage industry as these packaging material provide longer shelf life to the food items. Rigid packaging products includes bottles, cans, ampules, aerosol containers, aluminum bottles and jars among others. In comparison to other packaging type, rigid packaging containers provide unique benefits such as high impact strength, high stiffness and high barrier properties. The fastest growing end user industry for rigid packaging market is the pharmaceutical industry segment which is expected to grow at a CAGR of 7.9% during the forecast period 2017-2023. Growth in the pharmaceutical rigid packaging market is driven primarily by the Chinese, US, Japanese and European market.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheters Market Research Report

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Allied Market Research added new research report on “Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheters Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

Percutaneous transluminal coronary angioplasty (PTCA) is a minimally-invasive procedure used to open blocked or narrowed coronary arteries. PTCA balloons are inflated inside a blocked coronary artery to open up the blockage and allow smooth blood flow. The use of PTCA balloon catheters is on a continuous rise, as it ensures sufficient plaque removal, and optimum patient comfort through a minimally invasive procedure.

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Increase in aging population and changes in lifestyle of people, technological advancements, changes in FDA policy, and rise in prevalence of cardiovascular disorders are expected to drive the market growth. However, availability of alternative therapies, and complications associated with PTCA balloon catheters restrain this growth. The upsurge in demand for minimally invasive surgeries, rise in disposable incomes, and growth prospects in emerging economies of Asia-Pacific and LAMEA are expected to provide numerous opportunities for market growth during the forecast period.

The normal balloon catheter segment is expected to maintain its dominant position during the analysis period, owing to reduced complications associated with them when compared to other product types. The drug eluting balloon catheter segment is expected to grow at a rapid CAGR of 4.7% throughout the forecast period.

There has been an increased use of drug-eluting balloons in the past few years. The use of drug-eluting balloons has resulted in the reduction in the use of vessel implants (such as stents), which may cause vessel fracture. In addition, drug-eluting balloons are safe and they provide the highest rate of restoration of normal blood flow when compared to other balloon catheters.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Nondestructive Testing Equipment Market Key Benefits And Segmentation

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Allied Market Research added new research report on “Nondestructive Testing Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

NDT refers to the method of examining materials/components to detect the defects/discontinuity in component or material to avoid equipment failure. In addition, it is used to ensure the safe utilization of engineering structures, product quality, and performance upon production. Increase in stringent government regulations across different geographical regions due to rise in incidence of infrastructure failures, need for extending the life of obsolete infrastructure, and maintenance optimization by various industries for efficient operations & quality/safety assurance are the factors that drive the growth of NDT market.

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The market is classified on the basis of NDT testing method into ultrasonic testing, radiography testing, visual inspection testing, magnetic particle testing & electromagnetic testing, eddy-current testing, liquid penetrant testing, and others. Ultrasonic testing is expected to hold the largest market share owing to its ability to detect internal and hidden defect/discontinuity along with its high penetrating power and accuracy. However, liquid penetrant testing is anticipated to show significant growth in the coming years, owing to its low cost and user-friendly approach.

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Among the industry verticals, energy & power was the foremost industry in 2015, owing to growth in number of power plants and equipment involved in the same. In the same year, oil and gas industry contributed a significant revenue share of over 20% in the overall market. However, automotive & transportation is expected to witness the fastest growth during the forecast period.

North America generated the highest revenue in this market, followed by Europe and Asia-Pacific. Among the countries of North America, U.S. is the largest market with nearly 80% revenue share of the overall North American market due to significant spending in oil & gas and energy & power infrastructure. However, the market in Asia-Pacific is anticipated to exhibit the highest growth, registering a CAGR of about 11%. Rise in infrastructural projects and power plants fuels the demand for NDT equipment in Asia-Pacific.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Industrial Robotics Emerging Market in Bric Countries

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Industrial Robotics.jpgAllied Market Research adds “Industrial Robotics Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

The articulated robots segment accounted for $13 billion in 2012 in the industrial robotics market, owing to increased usage of these robots in the emerging industries such as packaging and healthcare sectors. However, cylindrical robots and other types of robots, such as customized and refurbished robots, are expected to grow at a significant pace in the coming years, owing to their increased demand in the industrial sectors of the Asia-Pacific region. The cylindrical and others segments are estimated to grow at CAGRs of 6.5% and 7.5%, respectively, during the forecast period.

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The automotive industry segment dominated the global industrial robotics market in 2012, with a revenue contribution of $7 billion. However, this segment is expected to witness sluggish growth in the near future, owing to slowdown in the automotive industry in the past years and grow at a CAGR of 4.9% during the forecast period. The food & beverages segment is expected to grow at a significant CAGR of 6.9% during the forecast period, owing to spiraling growth of the food & beverages industry. Moreover, increase in need for customized solutions to make the process faster especially in the untapped regions, such as Brazil, Argentina, and South Africa, is expected to drive the food & beverages industry.

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Materials handling is the largest segment by function in the global market. In 2012, this segment accounted for over one-third share of the global market, owing to its increased demand over diversified industries such as packaging and electronics, where the market for robots is in its nascent stage especially in the Asia-Pacific and Latin American regions. This segment is expected to continue this trend during the forecast period. Presently, the soldering & welding segment accounted for over one-fourth share of the global industrial robotics market, owing to their aggrandized usage in applications requiring high precision in the machinery industry. The segment accounts for significant share of the market, owing to its price per unit factor rather than volume.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Xanthan Gum Market Grows Rapidly Due to Rise in Demand for Gluten-Free Food Products

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Xanthan GumAllied Market Research adds “Xanthan Gum Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Xanthan gum is an epoxy polysaccharide, which belong to hydrocolloid family and is used as a valuable substance in food additive. It has the ability to absorb more water that its own weight and has the capability to form a gel. It is widely used as a stabilizing agent, thickening agent, fat replacer, suspending agent, and bodying agent in a wide variety of food and industrial applications. It is one of the most adaptable elastic thickener, which performs well even when used in small quantities. It owns several extraordinary and useful properties, such as change in viscosity at fluctuating temperatures, high viscosity at low concentrations, and excellent stability over a wide pH range.

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The factors that drive the global market are multi-functionality of xanthan gum, which resulted in varied application of xanthan gum, such as food & beverages, oil & gas, personal care & cosmetics, pharmaceuticals, and others. In food & beverages, xanthan gum is used to add texture, unique appearance, flavour release, viscosity, and to enhance water-control properties. However, high cost of xanthan gum and availability of relatively cheap substitutes and anti-dumping policies on xanthan gum hamper the market growth.

Food & beverages is the leading application segment, where xanthan gum is used in wide range food products, such as sauces & dressings, meat & poultry products, bakery products, confectionery products, beverages, dairy products, others. It offers excellent water-binding stability, storage stability, and aesthetic appeal in food processing when used in small concentrations.

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The thickening agent segment dominated the global market, with more than one-third of the total market share in 2016. It is widely used as a thickening agent in broad range of application, owing to its property of high viscosity at low concentration. The thickening of any liquid with xanthan gum is easily achieved by simply blending it into required liquid. The product thickened using xanthan gum maintains its shape at the resting state and blends properly when stirred briefly.

The key companies profiled in the report include Fufeng Group Company Ltd., Cp Kelco, Cargill, Inc., Solvay S.A., E. I. Du Pont De Nemours and Company, FMC BioPolymer, MeiHua Holdings Group Co., Ltd., Archer Daniels Midland Company, Ingredion Incorporated, and Zoranoc Oilfield Chemical.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

The global white spirits market is driven by the growing demand for white spirits in the paints & coatings industry

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White Spirits

Allied Market Research added new research report on “White Spirits Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

Global Opportunity Analysis and Industry Forecast, 2017-2023, the global white spirits market was valued at $5,360 million in 2016, and is estimated to reach $7,671 million by 2023, registering a CAGR of 5.3% from 2017 to 2023. In 2016, the type 3 segment is anticipated to grow at the highest rate during the forecast period.

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White spirit is a mixture of saturated aliphatic & alicyclic C7-C12 hydrocarbons containing 15-20% aromatic C7-C12 hydrocarbons (by weight) and exhibiting a boiling range of 130-230C. There are three different types and grades of white spirits. The classification based on type depends on whether the solvent is subjected to only hydrodesulfurization (type 1), solvent extraction (type 2), or hydrogenation (type 3). The hydrodesulfurized type contains less than 25% aromatic hydrocarbon, the solvent extracted white spirit contains less than 5%, while the hydrogenated contains less than 1%. Each type comprises three different grades: low flash grade (flash point: 21-30C and initial boiling point: 130-144C), regular flash grade (flash point: 31-54C and initial boiling point: 145-174C), and high flash grade (flash point: >55C and initial boiling point: 175-200C). The type 0 white spirit is defined as a distillation fraction with no further treatment, consisting predominantly of saturated C9-C12 hydrocarbons with a boiling range of 140-220C.

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In 2016, Europe dominated the global market, owing to the growing demand for low aromatic solvents in the paints & coatings industry. Furthermore, presence of major players is anticipated to boost the market growth in the near future. North America is the second leading revenue contributor to the global market, and is expected to register a CAGR of 4.9% in terms of revenue.

The key players profiled in the report are ExxonMobil Corporation, Royal Dutch Shell Plc., Total S.A., Idemitsu Kosan Co., Ltd., CEPSA, Neste Oyj, Haltermann Carless, DHC Solvent Chemie GmbH, Al Sanea Chemical Products, and GSB Chemicals.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.