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Nanocoatings Industry is Set to Boom in 2022

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Increased application of nanocoatings in electronics and automobile industries is expected to offer lucrative opportunities for the global nanocoatings market. Asia-Pacific dominated the market in 2015 due to rise in disposable income resulting in the high standard of living.

Nanocoatings Market Report, published by Allied Market Research, projects that the global market was valued at $3,327 million in 2015, and is expected to reach $13,094 million by 2022, growing at a CAGR of 21.0% during the forecast period. The self-cleaning (bionic & photocatalytic) segment was the largest contributor to the global nanocoatings market in 2015. In the same year, North America held the leading position, and is expected to continue its dominance in the future.

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Nanocoatings offer various benefits such as protection from whether conditions, abrasion resistance, and UV resistance, thus fueling their adoption globally. Self-cleaning segment (bionic & photocatalytic) generated the highest revenue in 2015, as these type of nanocoatings possess the ability to clean themselves by undergoing chemical changes. They are made up of nanoparticles that show super-hydrophilic and super-hydrophobic surfaces, which offer them the self-cleaning ability.

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The electronics segment accounted for the highest revenue in 2015, as electronic components need to be protected from environmental conditions that may reduce their efficiency. These nanocoatings are also used in applications such as the automotive, textile, and construction industries, owing to their anticorrosion, anti-microbial, and easy cleaning properties.

Key Findings of the Nanocoatings Market:

• The electronics application occupied the highest share in 2015, and is expected to grow at a CAGR of 21.0%, in terms of value, during the forecast period.
• North America is the leading consumer of nanocoatings, accounting for approximately more than two-fifths share of the global market, followed by Europe.
• Anticorrosion segment is expected to witness the highest CAGR of 36.4% during the forecast period.
• Automotive & construction segment accounted for one-fourth of the global nanocoatings market in 2015.
• U.S. is the leading market in North American, growing at a CAGR 21.4%.

North America accounted for the largest market share in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR of 23.3% during the forecast period. Utilization of nanocoatings for the prevention of infections due to unhealthy surroundings is expected to increase the demand for nanocoatings from the healthcare industry. Steady growth in the automotive and construction industries in China and India is expected to increase the demand for nanocoatings in the Asian market.

The prominent players profiled in this report include Buhler AG, Nanogate AG, Nanophase Technologies Corporation, Bio-Gate AG, Admat Innovations, Surfix BV, Nanomech Inc., EIKOS Inc., CIMA Nanotech, and Duraseal Coatings Company LLC.

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It’s Time For New Vision – Smart Polymers Industry On The Move

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Upsurge in demand for smart polymers in numerous applications (owing to its exclusive environmental responsive property and increasing research activities) are the prime drivers of the market. However, high cost associated with the use of smart polymers is projected to hamper the market growth during the forecast period.

Smart Polymers Market Report, published by Allied Market Research, projects that the global market was valued at $1,250 million in 2015, and is estimated to reach $3,070 million by 2022, growing at a CAGR of 12.6% from 2016 to 2022. In 2015, physical stimuli responsive segment held almost half of the share of the total market.

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Smart polymer is a subject of great interest for institutional and industrial research. Properties of these polymers such as shape, mechanical properties, phase separation, permeability, and electrical properties changes in response to small variation in environmental conditions. These polymers are widely used in biomedical & biotechnology applications such as drug delivery, tissue engineering, and cell culture support. The extensive research and novel qualities of these polymers has shown significant growth in the market, and is expected to provide lucrative opportunity in the near future.

The growth of the global smart polymers market is driven by the rise in need for efficient & economical drug delivery system, innovative use of smart polymers in the automobile industry, and significant reversible phase transition property of smart polymers. Development of smart polymers from renewable feedstock and increase in awareness about smart polymers in future are expected to provide significant growth opportunities to the industry players. However, high R&D cost increases the overall cost of smart polymers, which is anticipated to hamper the market growth during the forecast period.

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Physical stimuli responsive is the leading segment which are sensitive to environmental factors such as temperature, light, electric field, magnetic field, and mechanical stress, which are widely used as safe polymers in drug delivery and biomaterials.

Shape memory polymer type segment generated the highest revenue in 2015, with almost half of the total market share, followed by self-healing polymer segment. Shape memory polymers retain their original shape at the culmination of the environmental stimulus. These polymers are used in wide range of applications such as surgical fixation, telecommunication, clothing, automotive, and robotics.

Biomedical & biotechnology application segment dominated the global market with more than two-fifths of the global smart polymers share in 2015. Smart polymers are used in multiple biomedical applications such as drug delivery, tissue engineering, bio-separation, biocatalyst, and others.

Key Findings of the Smart Polymers Market:

• In 2015, North America dominated the global market with around one-third of the share, in terms of revenue.
• Chemical stimuli responsive segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 12.8% from 2016 to 2022.
• Asia-Pacific is projected to grow at a highest CAGR of 13.4%, in terms of volume.
• Textile application segment is projected to grow at a highest CAGR of 13.0%, in terms of revenue.
• Self-healing type segment shows the highest growth rate, in terms of revenue, registering a CAGR of 12.9%.

In 2015, North America was the leading region, owing to the increase in research activities and growth in technological advancement for biomedical application. Furthermore, Asia-Pacific is projected to show the highest CAGR of 12.8%, followed by Europe at a CAGR of 12.7% from 2016 to 2022.

The major companies profiled in the report include Covestro AG, BASF SE, Saudi Arabia Basic Industries Corporation (SABIC), Akzonobel, Nippon Shokubai, FMC Corporation, Autonomic Materials Inc., Advanced Polymer Materials Inc., Lubrizol Corporation, and Nexgenia Corporation.

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Nanocoatings Market Expected to Reach $13,094 Million, Globally, by 2022

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Increased application of nanocoatings in electronics and automobile industries is expected to offer lucrative opportunities for the global nanocoatings market. Asia-Pacific dominated the market in 2015 due to rise in disposable income resulting in the high standard of living.

Nanocoatings-Market

Nanocoatings Market Report, published by Allied Market Research, projects that the global market was valued at $3,327 million in 2015, and is expected to reach $13,094 million by 2022, growing at a CAGR of 21.0% during the forecast period. The self-cleaning (bionic & photocatalytic) segment was the largest contributor to the global nanocoatings market in 2015. In the same year, North America held the leading position, and is expected to continue its dominance in the future.

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Nanocoatings offer various benefits such as protection from whether conditions, abrasion resistance, and UV resistance, thus fueling their adoption globally. Self-cleaning segment (bionic & photocatalytic) generated the highest revenue in 2015, as these type of nanocoatings possess the ability to clean themselves by undergoing chemical changes. They are made up of nanoparticles that show super-hydrophilic and super-hydrophobic surfaces, which offer them the self-cleaning ability.

The electronics segment accounted for the highest revenue in 2015, as electronic components need to be protected from environmental conditions that may reduce their efficiency. These nanocoatings are also used in applications such as the automotive, textile, and construction industries, owing to their anticorrosion, anti-microbial, and easy cleaning properties.

Key Findings of the Nanocoatings Market:

• The electronics application occupied the highest share in 2015, and is expected to grow at a CAGR of 21.0%, in terms of value, during the forecast period.
• North America is the leading consumer of nanocoatings, accounting for approximately more than two-fifths share of the global market, followed by Europe.
• Anticorrosion segment is expected to witness the highest CAGR of 36.4% during the forecast period.
• Automotive & construction segment accounted for one-fourth of the global nanocoatings market in 2015.
• U.S. is the leading market in North American, growing at a CAGR 21.4%.

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North America accounted for the largest market share in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR of 23.3% during the forecast period. Utilization of nanocoatings for the prevention of infections due to unhealthy surroundings is expected to increase the demand for nanocoatings from the healthcare industry. Steady growth in the automotive and construction industries in China and India is expected to increase the demand for nanocoatings in the Asian market.

The prominent players profiled in this report include Buhler AG, Nanogate AG, Nanophase Technologies Corporation, Bio-Gate AG, Admat Innovations, Surfix BV, Nanomech Inc., EIKOS Inc., CIMA Nanotech, and Duraseal Coatings Company LLC.

Data Center Automation Market Expected to Reach $8,619 Million, Globally, by 2022

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The rapid growth in the number of smartphone and tablet users and growth in dependency on IT have led to an increased demand for data center automation technology. In addition, continuous prevalence of cloud technology and the explosion of big data have increased the demand for larger storage capacity, thus raising the need for data center automation. The wide-scale adoption of Internet-enabled devices, cloud-based applications, and the transformation from consumer-side computing to Software-as-a-Service (SaaS) drive the need for automation within the IT industry.

Data Center Automation

Data Center Automation Market size was valued at $2,483 million in 2015, and is projected to reach $8,619 million by 2022, growing at a CAGR of 19.6% from 2016 to 2022. The IT & telecom segment was the highest contributor in 2015, accounting for around 23% of the global market.

A data center is a facility that consists of a network of computers and storage systems. It is used to process, organize, store, and distribute large amounts of data for a business or an organization. Data center automation offers faster and enhanced productivity, operational reliability, and consistency to its users, which results in its increased demand in various industry verticals.

Manufacturing is expected to grow at the highest CAGR of 22.8% during the forecast period. In the manufacturing industry, large amount of data is generated on the operation and shop floor, which needs to be analyzed to improve the quality, accuracy, and delivery time. By automating the data center, the data can be accessed continuously for performing predictive analysis to identify relationships and patterns among various processes and associated factors to recognize and enhance those factors that have the largest impact on the output.

Based on the geography, the data center automation market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2015, accounting for around ~60% share of the market size. However, Asia-Pacific is projected to grow at the highest CAGR of 25.3%, owing to the adoption of data center automation techniques to achieve effective and efficient control over the ongoing processes and operations.

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The report features a competitive scenario of the data center automation industry and provides comprehensive analysis of key growth strategies adopted by major players. Key players profiled in the study are VMware, Inc., BMC Software, Cisco Systems, Inc., IBM Corp., Hewlett Packard Enterprise, Microsoft Corp., Puppet, Citrix Systems, Inc., ServiceNow, Inc., and Chef Software, Inc.

Key Findings of the Data Center Automation Market:

• The consulting services segment accounted for the highest share of the data center automation market in 2015, growing at a CAGR of 20.4% during the forecast period.
• North America was the highest revenue-generating segment in 2015, with $1,558 million.
• Asia-Pacific dominated the market in terms of growth in 2015, and is projected to continue its dominance in the future as well.
• U.S. was the leading country, in terms of spending on data center automation market, in 2015. In addition, India, China, and other emerging markets are projected to provide significant opportunities for major players.

Facial Recognition Market — A Comprehensive Industry Analysis 2015-2022

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Allied Market Research recently published a report on the global facial recognition market, which is an extensive study of the industry for the period 2015–2022. The study covers the various market segments, in terms of components, applications, and the different technologies used with it. It evaluates the various driving factors, restraints, opportunities, and challenges faced by the industry. With a detailed examination of its key players, the report also provides an informative competitive analysis of the global facial recognition market. There are key statistics, charts, and informative tables in the report to support the different findings and research conclusions.

Facial Recognition

The global facial recognition market report emphasizes on the exponential growth of the industry in the forecast period 2015–2022. According to the findings of the study, the market is projected to garner a total value of $9.6 billion by the year 2022. This will be supported by a CAGR of 21.3% during the given forecast period. The study also focusses on the presence of the market in various geographical regions of the world. With an in-depth analysis, the global facial recognition market explains the attractiveness of each region and highlights the huge potential for investment for the investors and business owners.

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Key findings for Facial Recognition Market Report:
• The three-dimensional facial recognition technology is expected to dominate the market through the forecast period 2016–2022.
• The hardware segment helder the larger share in the component segment in 2015, and is expected to lead the market till 2022.
• In the year 2015, the highest revenue was contributed by homeland security, which accounted for nearly 21% of the entire market revenue. This segment is estimated to maintain its position during the entire forecast period.
• In terms of geography, Asia-Pacific constituted for nearly 23% of the total revenue in 2015. It is also touted to be the fastest growing region over the next few years.

The report enlists the profiles of the key market players engaged in the industry. The inclusion of crucial data about the business performances, product offerings, pricing policies, and marketing strategies of each player provided in the report enable a better competitive analysis of the major players. The main players mentioned in the study include names, such as 3M, Cognitec Systems GmbH, NEC Corporation, FaceFirst, Inc, Nuance Communications Inc., Crossmatch, International Business Machines Corporation (IBM), Animetrics, and Daon Inc.

The global facial recognition market report focuses on the essential factors driving the market ahead. With a detailed competitive analysis, the study entails a better understanding of the market scenario and various dynamics followed by the players in the industry. The significant investment pockets highlights in the report give the interested stakeholder a comprehensive analysis of the various market trends. The facial recognition market report gives a better guidance to investors and business owners about the potential possessed by each segment and various technologies that propel its share in the overall market.

Nutraceuticals Market is Expected to Reach $302,306 Million, Globally by 2022

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Patented products of pharmaceuticals products with nutraceuticals is a lucrative delivery platform for pharmaceutical industries.

Nutraceuticals market report published by Allied Market Research, forecasts that the global market is expected to be $184,092 million in 2015, growing at a CAGR of 7.04% from 2016 to 2022 to reach $302,306 million by 2022. The functional food segment dominated the market in 2015 with more than one-fourth share, in terms of revenue.

nutraceuticals-img1

Nutraceuticals are standardized grade of food sources derived from food sources with extra benefits in addition to basic nutritional value found in food. Integration of nutraceuticals with personal care has benefitted the market with cosmeceuticals owing to its anti-aging properties. In addition, increase in demand for nutraceutical in dietary supplements products is expected to drive the market owing to decreased use of genetically modified foods and crops. The expensive medical treatments have paved the way for nutraceuticals as an alternative to expensive drugs which is expected to boom in near future. However, production of nutraceuticals coupled with raw materials cost have increased substantially restricting the affordability of the consumers.

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Both functional foods & beverages occupy three-fifth of the total volume by revenue. Functional medicines segment in the nutraceuticals industry, and emerges as the best alternative for normal medicines. Nutraceuticals influence drug metabolism, and can also boost the pharmaceuticals in the body when optimally balanced, thus opening lucrative business opportunities through patented combinations of nutraceuticals and pharmaceuticals.

Key findings of the Nutraceuticals Market:

• Functional food segment is expected to grow with a CAGR of 6.84% during 20162022.
• The European branded flour market is expected to garner with a CAGR of 6.99% during the forecast period.
• LAMEA is expected to achieve a CAGR of 7.13% in proteins & peptides market during the forecast period.
• The functional food segment is the fastest growing market occupying more than one-fourth of the total volume in terms of revenue.
• The personal care and pharmaceuticals product is expected to grow with a CAGR of 7.61% during 20162022.
• Asia-Pacific occupies approximately one-third of the total volume by revenue in terms of geography.

Asia-Pacific and Europe collectively contributed more than half of the share to the global nutraceuticals market revenue in 2015. India is expected to achieve a CAGR of 14.23% during the forecast period.

The top market players include Archer Daniels Midland Company, Cargill Incorporated, Royal DSM N.V., BASF SE, Nestle S.A., Groupe Danone S.A., E. I. du Pont de Nemours and Company, PepsiCo Inc., Aland (Jiangsu) Nutraceutical Co., Ltd., and General Mills, Inc.

Personal Identity Management Market Expected to Reach $23,039 Million, Globally, by 2022

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The personal identity management market in LAMEA region is projected to grow at significant rate during the forecast period, owing to the development of manufacturing and energy industries. Moreover, it is expected to have high demand for the personal identity management solutions from the emerging economies such as Africa, Brazil, Iran, and Saudi Arabia.

Personal Identity Management Market Report, published by Allied Market Research, forecasts that the global market generated a revenue of $7,896 in 2015, and is expected to garner $23,039 million by 2022, growing at a CAGR of 16.7%. The BFSI segment is expected to dominate the market during the forecast period. Asia-Pacific is expected to generate the maximum revenue globally.

Increase in the utilization of devices such as smartphones, tablets, and laptops fueled the growth of the personal identity management trend. In addition, rise in incidents of cyberattacks and data security initiatives taken by governments are expected to drive the personal identity management market growth. However, complex and time-consuming security procedures restrain the growth of personal identity management solutions. Rise in trend of Internet of Things (IoT) among industries such as media & entertainment, banking, manufacturing, IT & telecom, and others is expected to provide numerous opportunities for the growth and development of the global personal identity management industry.

In 2015, BFSI segment generated the maximum revenue owing to the surge in demand for identity management solutions from finance companies to secure customer data and frequent incidents of Internet frauds during financial transactions worldwide. The retail & consumer goods segment is expected to grow at the fastest rate during the forecast period due to increase in interaction of end users in this sector through various methods, including web browsers, mobile browsers, and mobile apps. The access control application segment of the global personal identity management market is projected to show highest growth rate, registering a CAGR of 17.5%. On-premise deployment type segment is expected to generate the highest revenue throughout the forecast period. Self-identified data type is anticipated to grow at the fastest rate during the study period.

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In 2015, North America dominated the personal identity management market. Asia-Pacific is expected to grow at the fastest rate during the forecast period due to increase in incidents of cyberattacks and continuous economic development among various countries such as India, Malaysia, China, and Singapore.

Prominent players operating in the market include IBM Corporation, VMware, Inc., CA Technologies, Microsoft Corporation, Oracle Corporation, OneLogin, Inc., Centrify Corporation, CA Technologies, Experian Inc., and Kaspersky Lab.

Key Findings of the Personal Identity Management Market:

• In 2015, the BFSI segment dominated the overall personal identity management industry, in terms of revenue, and is projected to grow at a CAGR of 17.3% during the forecast period.
• Retail & consumer goods industry segment is projected to grow at a CAGR of 19.3%.
• Access control application segment is projected to show highest growth rate, in terms of revenue, in the study period.
• The cloud deployment segment is anticipated to grow at a CAGR of 17.8%.
• In 2015, the behavioral data type segment generated the highest revenue.
• In 2015, North America dominated the global market.