Long Term Care Market To Gain From Increasing Medical Coverage For Home Healthcare Till 2024: Grand View Research, Inc.

The global Long Term Care (LTC) market is expected to reach USD 1,255.9 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to boom owing to the increasing awareness of people about the different home healthcare facilities, the increasing medical coverage for home healthcare, and the increasing aging population.

In October 2015, there were around 12 million people receiving home healthcare and the number is expected to increase dramatically. Moreover, according to the U.S. Census Bureau, the population aged 65 and older is expected to reach 84 million by 2050 as against 43.1 million in 2012. Moreover, there has been a shift to in-home care from long term care. The nursing homes have shrunk by 350 over the past six years, while the in-home nursing programs have doubled.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/long-term-care-services-market

Further key findings from the study suggest:

  • In 2015, the home healthcare dominated the market owing to the increasing awareness regarding home healthcare facilities, the cost savings offered by them as compared to hospital stays or nursing homes, and proactive health monitoring. Home healthcare is booming in the developing countries owing to the increasing need for geriatric care, double income households, and social changes. India has many home healthcare startups such as Health Care at Home, Zoctr, Vatsalya, Care24, Zozz, Life Circle Health Services, Healers at Home, and the Nightingales.
  • The hospice care is the fastest growing market owing to the increasing incidence rates of Alzheimer’s and dementia and an increase in the post-hospital care. Moreover, the coverage offered by both the Medicaid and private insurers has relieved the residents from the out-of-pocket payments that have to be borne by them. According to the Hospice Association of America, Medicaid pays USD 601 per day for the inpatient hospice care and USD 789 for 24-hour home care. Moreover, in August 2013, the Palliative Care and Hospice Education and Training Act provided a grant of USD 50 million for the training of doctors and allocating awards for educators in the field.
  • North America dominated the market in 2015. The market for long term care services is majorly driven by the increasing aging population, awareness about the advantages of home healthcare services, and the government support. Around 13% of the people in the U.S. are 65 years or above. By 2050, it is expected that one in five Americans would be at least 65 years of age.
  • Asia Pacific is the fastest growing market owing to the increasing rates of chronic diseases, the increasing disposable incomes, and decreasing working population. For instance, in China, the one-child policy has eventually decreased the working population as compared to the older population. In May 2016, MyCareLine raised USD 526,000 for its alliance with Hoffman World. The Spanish Company provides Hoffman methodology of rehabilitation. The method is commercial in Latin America and Europe. In India, Portea is one of the market leaders in the home healthcare industry. In September 2015, Portea raised USD 37.5 million for investing in better home healthcare facilities.
  • Industry players are continuously investing on expanding and revamping their existing facilities. For instance, in February 2016, Sunrise Senior Living, Inc. started a new facility joining its existing 41 Sunrise communities. The new facility will offer memory care programming, assisted living services, and support to residents in the early stage of memory loss.
  • Major market players are Brookdale Senior Living, Inc., Sunrise Senior Living, Inc., Emeritus Corporation, Atria Senior Living Group, Extendicare, Inc., Gentiva Health Services, Inc., Senior Care Centers of America, Kindred Healthcare, Inc., Genesis Healthcare Corp., and Home Instead Senior Care, Inc.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices  

Grand View Research has segmented the global Long Term Care (LTC) market on the basis of service and region:

Global Long Term Care (LTC) Service Outlook (Revenue, USD Billion, 2013 – 2024)

  • Home Healthcare
  • Hospice
  • Nursing Care
  • Assisted Living Facilities

Global Long Term Care (LTC) Regional Outlook (Revenue, USD Billion, 2013 – 2024)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • India
    • China
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

Luxury Furniture Market Was Valued At USD 21,389.5 Million In 2014 And Is Expected To Reach $28,600.7 Million In 2022: Grand View Research, Inc.

Global luxury furniture market is expected to reach USD 28,600.7 million by 2022 growing at an estimated CAGR of 3.7% from 2015 to 2022, according to a new study by Grand View Research, Inc. This expected growth in demand can be ascribed to rapid urbanization and growing demand for home furnishings.

Additionally, disposable income of individuals in North America and Asia-Pacific region has also witnessed high growth. Thus, increasing disposable income of individuals is acting as a major driver for the industry progress.

Luxurious products are becoming an essential part of life; as a result, population is ready to spend on luxurious products. This would contribute to drive the sector growth. In addition, increasing disposable income of individuals has led to think regarding the social status, driving the increased spending on products including furniture.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/luxury-furniture-market

Further key findings from the study suggest:

  • Wooden luxury furniture was valued for over USD 5,200 million owing to its higher preference for usage in high class office and home interiors, and wooden furnishings. Presence of several global and local luxury furniture manufacturers present in the sector is also attributive towards larger share of wooden products.
  • Glass is anticipated to witness significant growth in the coming years because of the expected advancements in this segment with respect to manufacturing and incorporation of attractive and stylish designs.
  • Domestic use dominated the sector in terms of revenue generated from end-use segments. Factors that are responsible for such large share of this segment include increased adoption owing to the rise in disposable income and influence of western culture. This segment covers the furniture used in kitchen, living and bedroom, bathroom, outdoor and lighting.
  • Living room registered largest share in the industrial revenue in 2014 because aesthetic value and customization are the notable trends observed in the living and bedroom segment of the luxury furniture industry.
  • Lighting is expected to witness significant progress with a CAGR of over 8% due to available technical development in this sector in order to increase the aesthetic presence of the furnishing in domestic use.
  • Europe was the largest revenue generating region in the luxury furniture industry followed by North America. Asia Pacific region holds a great potential for growth in domestic segment of luxury furniture. High demands for furnishing amenities in hospitality industry coupled with the increasing disposable income in this region are expected to contribute in growth in the regional market.
  • Key participants of the luxury furniture industry include Henredon Furniture Industries Inc., Muebles Pico, Scavolini S.p.a., Laura Ashley Holding Plc, Valderamobili s.r.l, Duresta Upholstery Ltd, Iola Furniture Limited, Nella Vetrina, Giovanni Visentin s.r.l., and Turri S.r.l.
  • Operating entities of this sector are involved in usage of e-commerce platforms to reduce the operating expenses. Use of alternative business models rather than the conventional business models is adopted by the market players in order to maintain their market share.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented luxury furniture market on the basis of material used, end-use, and region:

Global Luxury Furniture Outlook, By Material (Market Revenue in USD Million, 2012 – 2022 )

  • Wood
  • Metal
  • Glass
  • Leather
  • Plastic
  • Others

Global Luxury Furniture Outlook, by End-use (Market Revenue in USD Million, 2012 – 2022 )

  • Domestic use
    • Living & Bedroom
    • Kitchen
    • Lighting
    • Outdoor
    • Bathroom
  • Commercial use
    • Hospitality
    • Office
    • Others

Global Luxury Furniture Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

Home Audio Equipment Market To Gain From Rising Consumer Demand For High-Quality Home Theater Experience Attributed To Increased Disposable Income Till 2020

The Global Home Audio Equipment Market is expected to reach USD 22.50 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer demand for high-quality home theater experience attributed to increased disposable income is expected to drive the market over the forecast period. Increasing trend towards deployment of sophisticated equipment, high-speed data streaming, faster internet connectivity and internet-exclusive entertainment are expected to proliferate the need for external audio solutions. Emergence of Bluetooth products coupled with wireless Blu-ray home theater systems is expected to positively impact market growth.

Home audio equipment comprises a wide range of equipment including multi-channel amplifiers, compact audio system and home radios. Manufacturers of this equipment have been striving to expand market penetration by innovating visually less intrusive and user-friendly systems. Therefore, technological advancement in digital technology with changing media options from conventional to latest systems is expected to be positively impact home audio equipment market growth over the next six years. High development cost and fear of hearing loss among the consumers may hamper market growth through the forecast period. Emergence of realistic immersive home audio equipment along with better internet connectivity offers a wide avenue to drive demand for the home audio equipment market.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/home-audio-equipment-market

Further key findings from the study suggest:

  • The home audio equipment market comprises products such as audio systems, home radios, Home Theater-in-a-box (HTiB) and other accessories. The home audio systems segment includes MP3 players, mini disc players, compact audio systems, cassette deck, rack system and CD/DVD players. HTiB products include 5.1, 6.1, 7.1 and 9.1 channels and the segment is expected to witness significant growth over the forecast period. This can be attributed to several benefits associated with this technology such as unrestricted mobility and high quality sound systems.
  • Widening consumer base in Asia Pacific markets owing to higher affordability and rapid urbanization trends is expected to significantly drive the home audio equipment industry. Demand for digital home radios driven by growing promotional activities is expected to drive regional market growth. The North American market is characterized by rise in unit sales of flat-panel HD TVs.
  • Key companies operating in the market include Sony Corporation, Bose Corporation, LG Electronics, JVC KENWOOD Holdings Inc., Philips, Dolby Laboratories Inc. and Akai. Rising emphasis on vertical integration activities in order to obtain greater product reliability and optimized manufacturing throughput is estimated to be the major growth strategy.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

For the purpose of this study, Grand View Research has segmented the global home audio equipment market on the basis of product and region:

Home Audio Equipment Product Outlook (Revenue, USD Billion, 2012 – 2020)
• Home Theater in-a-Box
• Home Audio Systems
• Home Radios
• Others
Home Audio Equipment Regional Outlook (Revenue, USD Billion, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

HIV Diagnostics Market Is Expected To Grow At An Estimated CAGR Of 9.5% From 2015 To 2022: Grand View Research, Inc.

Global HIV Diagnostics Market is expected to reach USD 4.48 billion by 2022, growing at an estimated CAGR of 9.5% from 2015 to 2022, according to a new study by Grand View Research, Inc. Key factors accounting for the growth of this market include the growing need in for the development of more sensitive HIV diagnostic point of care tests which can be easily implemented at the location of patient care in resource limited settings. Technological development of tests which is expected to introduce a number of novel rapid, point-of-care tests throughout the forecast period is a primary factor expected to fuel the growth of the HIV diagnostics market. Furthermore, government programs and campaigns initiated against HIV, global healthcare efforts to reduce disease incidence, and the presence of high unmet demand in the Middle Eastern and Eastern regions of the market are some key factors expected to serve as lucrative future growth opportunities.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/hiv-diagnostics-market

Further key findings from the study suggest:

  • Antibody HIV diagnostic tests accounted for the largest share of the market in 2014. This large share can be accounted for by the high market usage and penetration rates of these tests which include, ELISA, home access dried blood spot, western blot testing IFA and RIPA.  These tests are highly sensitive and accurate and thus are most commonly used for screening and confirmation of HIV-1 & HIV-2.
  • Viral Load testing and CD4 testing also accounted for a considerable share of the market in 2014. There is a prevalent in the market for the development of these tests which will make them more sensitive, rapid in nature and portable to the point of care to enhance their market usability and accessibility in resource limited HIV affected regions.
  • It is expected that during the forecast period a number of novel point of care HIV diagnostic products will be commercialized which are currently under clinical development and in product pipelines of key market players. This increase in the range of products s expected to fuel the growth of this market over the forecast period.
  • North America was observed to account for the largest share of the market in 2014, which can be attributed to the presence of a strong healthcare R&D scenario in which the presence of government funding and ongoing corporate efforts to enhance product portfolio are anticipated to accelerate the timelines for new product development. Furthermore, the presence of favorable reimbursements policies for HIV and other infectious diseases is also a factor accounting for this region’s large share.
  • Asia Pacific is expected to grow at a relatively faster rate over the forecast period owing to, the presence of high levels of unmet market demand for HIV screening and testing. Moreover, collaborations among market participants from the western regions is another significant expected to boost the growth of Asia Pacific HIV diagnostics market during the forecast period.
  • Key players of the market include Janssen Diagnostics, Daktari Diagnostics, Cepheid, Hologic and Chembio Diagnostic Systmes Inc.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/clinical-diagnostics

For the purpose of this study, Grand View Research has segmented the HIV diagnostics market on the basis of product and region:

HIV Diagnostics Product Outlook (Revenue, USD Million, 2012 – 2022) 

  • Antibody Tests

o    HIV-1 Screening Tests

  • ELISA/EIA
  • Home Access Dried Blood Spot
  • Rapid Tests (Dot plot, Agglutination Tests)

o    HIV-1 Antibody Confirmatory Tests

  • Western Blot Test
  • Indirect Immunofluorescent Antibody Assay (IFA)
  • Line Immunoassay
  • RadioImmunoPrecipitation Assay (RIPA)

o    HIV-2 & Group O Diagnostic Tests

  • Blood Antibody Tests
  • Dried Blood Spot (DBS) Test
  • Others and (Oral, Urine)
  • Viral Identification Assays

o    P24 Antigen Test

o    Qualitative PCR Tests

o    Viral Culture

  • CD4 Testing
  • Viral Load Testing
  • Early Infant Diagnostics

HIV Diagnostics Regional Outlook (Revenue, USD Million, 2012 – 2022) 

  • North America

o    U.S.

  • U.S. HIV Diagnostics Market, by Product

o    Canada

  • Canada HIV Diagnostics Market, by Product
  • Europe

o    Germany

  • Germany HIV Diagnostics Market, by Product

o    UK

  • UK HIV Diagnostics Market, by Product
  • Asia Pacific

o    Japan

  • Japan HIV Diagnostics Market, by Product

o    China

  • China HIV Diagnostics Market, by Product
  • Latin America

o    Brazil

  • Brazil HIV Diagnostics Market, by Product
  • MEA

o    South Africa

  • South Africa HIV Diagnostics Market, by Product

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

High Temperature Insulation Market To Gain From Rising Demand For Petrochemicals Industry Till 2020: Grand View Research, Inc.

Global high-temperature insulation market is poised to reach USD 5.14 billion by 2020. Increasing emphasis on energy conservation across various industries is projected to be one of the major driving forces for the market. Moreover, stringent regulation imposed on metal, cement, and oil & gas to reduce greenhouse gas emission has further augmented the industry growth. However, the carcinogenic content in high-temperature insulation material pose high risk to health, thus is expected to have an adverse impact on growth

Petrochemical application accounted for more than 30% of the market by revenue in 2013. Rising demand for petrochemicals along with the need towards energy conservation is likely to propel demand for the product in the petrochemical industry. Furthermore, stringent regulations emphasizing on workplace safety is expected to impact growth positively.

 View summary of this report @ http://www.grandviewresearch.com/industry-analysis/high-temperature-insulation-industry

Further key findings from the study suggest:

  • Demand for HTI materials in petrochemical industry is expected to grow at a CAGR of more than 6% over the forecast period. HTI is also gaining popularity among the powder metallurgy manufacturers. Also, industries such as aerospace, solar equipment, and fire protection industries are also projected to augment the demand for HTI over the forecast period.
  • Ceramic fibers accounted for more than 57% market by revenue in 2013. Rising trends related to replacing asbestos lining in furnaces and kilns with ceramic fibers is expected to augment market demand over the projected period.
  • Europe accounted for more than 35% market revenue in 2012. Stringent regulations to reduce GHC emission in Europe are expected to be a key driving factor for the regional market. The demand for HTI product in Europe is primarily dependent on imports from Asia. North America and Asia Pacific also contributed to the significant demand for HTI over the forecast period. Positive regulatory scenario related to improving workplace safety is expected to propel demand over the projected period.
  • However, European and North American markets have reached saturation and supposed to grow at a sluggish rate. In contrast, Latin America and Asia Pacific region are poised to witness substantial growth owing to rapid industrialization in Brazil, China, and India. Asia Pacific region is poised to grow at a CAGR of more than 8.5% over the forecast period.
  • Asia Pacific accounted for more than 46% of total production in 2012. Support from the government along with low manufacturing cost is expected to boost production of HTI materials in the region. Asia Pacific exports the majority of the HTI material manufactured in the region to North America and Europe.
  • Some of the major players in HTI market are Isolite, Skamol, Promat, Zircar, and Pyrotek. Thermal Ceramics and Unifrax dominate the global HTI market. Thermal Ceramics and Unifrax together accounted for over one-third of the total industry in 2012.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/green-building-materials

Grand View Research has segmented the global high temperature insulation market on the basis of product, application and region:

High Temperature Insulation Product Outlook

  • Ceramic Fiber
  • Insulating Firebrick
  • Calcium Silicate
  • Other

High Temperature Insulation Application Outlook

  • Petrochemicals
  • Ceramics
  • Glass
  • Cement
  • Iron & Steel
  • Refractory
  • Powder metallurgy
  • Aluminum
  • Others

High Temperature Insulation Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

High Resolution Melting Analysis Market Is Expected To Grow At A CAGR Of 9.8% From 2015 To 2022: Grand View Research, Inc.

Global High Resolution Melting (HRM) market is expected to reach USD 131.7 billion by 2022 according to a new report by Grand View Research Inc.

Increasing incidences of cancer, sickle cell anemia, HIV and other STDs are expected to positively reinforce demand for smart and simple molecular diagnostics. According to the Genetic and Rare Diseases Center (GARD) in 2014, 10% of the U.S. population that is nearly 30 million people were suffering from genetic disorders. Some key disease statistics are reported below:

  • As per the estimates provided by CDC, number of acute cases of hepatitis C reported in the United States increased from 1,778 to 2,138 from 2012 to2013
  • According to the UNAIDS report, out of the 36.9 million people that are suffering with HIV/AIDS, 17.1 million are unaware about disease occurrence due to unavailability of testing services
  • As per the WHO estimates in 2015, there are over 130-150 million people suffering with HCV globally

Based on analyzing the disease trends and relatively lower treatment rates suggests that the demand for gene mutation and other genomic tests are expected to increase significantly over the next few years. Recent developments in the field of QPCR, next generation sequencing, genomics and big data analytics have been instrumental in strengthening the precision medicine approach. The U.S. FDA has already approved some of the treatments which are designed to meet the requirements of a specific genetic makeup or the genomic profile of the patient’s tumor.

For instance, the U.S FDA has approved a new treatment for cystic fibrosis (CF) in January, 2012. The drug kalydeco was approved for patients reported to have a specific genetic mutation known as “G551D mutation. The number of mutations which can lead to CF is in hundreds, and the G551D mutation is responsible for nearly 4% of the cases in the U.S.

Furthermore, in 2015, the Obama administration has announced the Precision Medicine Initiative with an investment of USD 216 million in the 2016 president’s budget. This initiative is expected to positively reinforce the HRM analysis market over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/high-resolution-melting-analysis-market

Further key findings from the study suggest:

  • In 2014, North America dominated the overall HRM analysis market with a share of nearly 42%. Key factors attributed are high disease prevalence rates, presence of large number of academic universities; strong pharmaceutical and biotech industry, presence of large number genetic testing centers, and rapid adoption of novel technologies for improving the healthcare outcomes.
  • Asia pacific is identified as the fastest growing region over the forecast period. Key reasons attributed are increasing public and private expenditure on molecular diagnostics and genetic testing, increasing prevalence of genetic disorders, and increasing burden of chronic diseases such as cancer, COPD, HIV and others.
  • Key market players in the High Resolution Melting analysis market include, Roche Molecular Systems, Idaho Technology Corporation, Kapa Biosystems, Thermo Fisher Scientific, Premier Biosoft and Qiagen. Furthermore, Roche Molecular Systems leads the industry with the highest R&D expenditure and commands a significant market share.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology  

Grand View Research has segmented the High Resolution Melting analysis market on the basis of product, end-use, application, and region:

High Resolution Melting Analysis Market Product Outlook, by Revenue (USD Million, 2015 – 2022)

  • Instruments
  • Reagents
  • Software

High Resolution Melting Analysis Market End-Use Outlook, by Revenue (USD Million, 2015 – 2022)

  • Academic Researcher
  • Clinical Diagnostics

High Resolution Melting Analysis Market Application Outlook by Revenue (USD Million, 2015 – 2022)

  • Detection of Acquired Mutations/Mutation Scanning/SNP Typing
  • Microbial Species Identification
  • Zygosity testing
  • Epigenetics/ Methylation Profiling and drug-resistant

High Resolution Melting Analysis Market Regional Outlook, by Revenue (USD Million, 2015 – 2022)

  • North America Product Outlook by Revenue (USD Million), 2012 – 2022
    • S.
    • Canada
  • Europe Product Outlook by Revenue (USD Million), 2012 – 2022
    • Germany
    • UK
  • Asia Pacific Product Outlook by Revenue (USD Million), 2012 – 2022
    • Japan
    • China
    • India
  • Latin America Product Outlook by Revenue (USD Million), 2012 – 2022
    • Brazil
  • MEA Product Outlook by Revenue (USD Million), 2012 – 2022
    • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

High Purity Alumina Market Is Expected To Grow On Account Of Rising Application In Industries Including Semiconductors And Automotive Till 2024

The global high purity alumina market is expected to reach USD 6.41 billion by 2024, according to a new report by Grand View Research, Inc. Substantial demand for the product in plasma displays as it is a cost-effective and an energy efficient substitute for traditional materials including incandescent light bulbs is expected to drive demand. Moreover, growing demand for plasma displays is projected to propel the growth of the market over the forecast period. High purity alumina is an essential base material for artificial sapphire substrates, which are used in numerous electronics.

Growing demand for high purity alumina in niche applications including medical, precision optics and defense is expected to drive demand over the forecast period. Moreover, increasing adoption of LED screen as they provide high-definition images is projected to boost demand for alumina products over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/high-purity-alumina-market

Further key findings from the report suggest:

  • 4N high purity alumina is expected to grow at a CAGR of over 18.0% from 2016 to 2024. The increasing use of the product in ceramics, smartphones, and batteries on account of its superior electrical insulation, low moisture absorption, and improved thermal conductivity is expected to drive the demand. The product is being widely used to coat ceramic separators in lithium ion batteries.
  • Rising demand for lithium ion batteries owing to growth in Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicles (PHEV) is expected to drive the market demand for high purity alumina over the forecast period.
  • Sapphire production accounted for over 12.5% of high purity alumina consumption in 2015. Growing investments in sapphire glass production on account of its increasing requirement across a wide array of applications including smartphones, tablets, LEDs and semiconductors is expected to open new opportunities over the forecast period.
  • North America high purity alumina demand was 4.31 kilo tons in 2015. The material is being increasingly used in plasma displays as it helps in reducing the overall dimensions of the final product by making it lighter and thinner. A boom in utilities rebate on account of using LED retrofits is expected to drive the market over the forecast period.
  • Significant demand for the material from the LED industry owing to growing use of energy efficient lighting in emerging economies including China and India coupled with rising government initiatives to increase the market share of LED lamps and minimize the use of incandescent lamps is projected to augment growth. Abundant raw material availability coupled with adequate manufacturing capabilities has led to relatively lowering production costs.
  • Nippon Light Metal is a key market player which manufactures high purity alumina, aluminum metal alloys, industrial parts, metal rolls, capacitor foils and heat exchangers. Baikowski Pure Solutions is involved in producing high purity alumina powders and other fine composites & oxides including YAG, ZTA, ceria, and Spinel. The company has its manufacturing facilities located in Japan, U.S., and France.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global high purity alumina market on the basis of product, application and region:

High Purity Alumina Product Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2024)

  • 4N
  • 5N
  • 6N

High Purity Alumina Application Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2024)

  • Light Emitting Diodes
  • Semiconductors
  • Phosphor
  • Sapphire
  • Others

High Purity Alumina Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2024)

  • North America
    • S.
  • Europe
    • Germany
  • Asia Pacific
    • China
  • Latin America
    • Brazil
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

High Performance Pigments Market Is Projected To Grow At A CAGR Of 5.2% From 2015 To 2022: Grand View Research, Inc.

The global High Performance Pigments Market is expected to reach USD 6.32 billion by 2022, according to a new report by Grand View Research, Inc. Growing of automotive coatings demand on account of increasing automobile production particularly in Asia Pacific is expected to remain a key driving factor for the global High Performance Pigments Market.

The growth of global personal care industry is also expected to have a positive influence on the market growth. Volatile raw material prices coupled with the high price of these pigments is expected to remain a key challenge for market participants. The market displays high competition among its industry participants which has resulted in companies taking strong measures to reduce manufacturing costs and yet provide superior quality products.

Inorganic high performance pigments emerged as the leading product segment with demand share exceeding 60% of the global market in 2014. However, organic high performance pigments are presumed to witness a faster growth rate on account of changing customer buying patterns and favorable regulatory scenario.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/high-performance-pigments-market

Further key findings from the report suggest:

  • Global High Performance Pigments Market demand was 154.8 kilo tons in 2014 and is expected to reach 233.0 kilo tons by 2022, at a CAGR of 5.2%from 2015 to 2022.
  • Coatings were the leading application segment and accounted for 59.9% of total market volume in 2014. Growth of global automotive coatings industry is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 5.4% over the forecast period. Developments in the ink jet printing technology are expected to lead high performance pigment demand in the ink industry.
  • Europe dominated the global market with demand share estimated at 31.8% in 2014. Developed markets of North America and Europe have had their dominance in the past. However, the recent economic downturn critically impacted key end-use industry growth in these regions. Recovery of U.S. automotive industry from the economic downturn is expected to re-establish high performance pigment demand in North America.
  • Asia Pacific is expected to witness the highest growth of 6.0% from 2015 to 2022. Increasing automobile production in China, India, Thailand and Indonesia is expected to drive the regional market over the forecast period.
  • The global high performance pigment industry was once recognized by a few multinational corporations. However, the advent of globalization has led new entrants in the industry. Companies have been taking key strategic initiatives to enhance their product portfolio and penetrate the market deeper by targeting applications such as cosmetics, inks, and plastics. Some leading companies in the global market include Sun Chemical, Clariant, BASF, Ferro, Heubach, Sudarshan Chemical Industries Ltd, Merck, Eckart Effect Pigments and Horst Chemicals Zhuhai Co. Ltd.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the high performance pigments market on the basis of product, application and region:

High Performance Pigment Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 – 2022)

  • Organic
  • Inorganic

High Performance Pigment Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 – 2022)

  • Coatings
  • Plastics
  • Inks
  • Cosmetics
  • Others

High Performance Pigment Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 – 2022)

  • North America
    • S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • India
  • Middle East & Africa
  • Central & South America
    • Brazil

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

Extruded Polypropylene Foam Market Will Grow Rapidly Owing To Rising Demand From Automobile Manufacturing Industries Till 2025: Grand View Research, Inc.

The global extruded polypropylene (XPP) foam market is expected to reach USD 1.07 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for extruded polypropylene foam in automobiles and packaging industry is expected to boost market growth.

The demand for extruded polypropylene foam is high due to its high strength to weight ratio and durability. Extruded polypropylene foam is available in low-density and high-density foam types. The market share of low-density foam is high due to its growing demand in the automobile industry. The demand for high-density foam is expected to grow rapidly over the forecast period owing to rising application in the construction industry.

Asia Pacific and Europe are the major regional markets. The presence of a large number of manufacturing facilities coupled with growing end-use industries is driving the demand for extruded polypropylene foam in these regions. The growing demand in emerging countries such as China, India, and Romania is expected to boost the market growth over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/extruded-polypropylene-xpp-foam-market

Further key findings from the report suggest:

  • High density XPP foam is projected to grow at a CAGR of 7.7% from 2017 to 2025 owing to increased demand from packaging and building & construction industry
  • Transportation application segment is anticipated to grow at a CAGR of 7.1% from 2017 to 2025 owing to rising research on automotive materials
  • Building & Construction application segment is anticipated to grow at a CAGR of 6.4% from 2017 to 2025 owing to growing infrastructure investments in emerging economies
  • Asia Pacific accounted for 52% of the global market share in 2016 owing to rapid expansion by manufacturers in countries such as China and India
  • Central & South America extruded polypropylene foam market is expected to grow from USD 28.8 million in 2016 to USD 49.8 million in 2025 owing to growing demand in Brazil
  • The market is highly fragmented with the presence of a large number of small and large manufacturers
  • Manufacturers are highly engaged introduction of better quality products that are well suited to the end-use application.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the extruded polypropylene foam market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Low density XPP foam
  • High density XPP foam

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Transportation
  • Packaging
  • Building & Construction
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
  • Canada
  • Europe
    • Germany
    • Italy
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com

 

Clinical Trial Supplies Market To Gain From Rising Demand In Biopharmaceutical Companies Till 2025: Grand View Research, Inc.

The global clinical trial supplies market is expected to reach USD 3.3 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness growth at 7.3% CAGR owing to Increasing volume of clinical trial studies coupled with the growing complexity in conduction of these trials are the primary driver of the industry. Furthermore, geographic expansion and development of Information Technology (IT) to facilitate higher integration and smooth performance of activities are other vitally impacting parameters. Over the next eight years, the clinical trials and pharmaceutical industry is anticipated to continue steady growth, thereby promoting the high requirement of clinical trial supplies.

U.S and Canada are home to majority of clinical trials which are conducted in this region. No language barrier is one of the major factor for the preference of this region for majority of clinical trials, as English language is widely spoken in this region. Major CRO’s and biopharmaceutical companies have their hub in this region and with advancement in technology the demand for efficient supplies are increasing and the region is expected to dominate the clinical trial supplies market over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/clinical-trial-supplies-market

Further Key Findings From the Study Suggest:

  • On the basis of clinical phase, the market is anticipated to be dominated by Phase III in 2025. The presence of large number of molecule estimated to reach Phase III by 2020 is the primary factor responsible for this prediction.
  • By services, storage and distribution is anticipated to witness the fastest growth at a CAGR of over 7.0%.
  • Key end-users of this industry are pharmaceuticals, and biologics. Biologics are expected to witness fastest growth owing to the increasing research in the field of genetics and biotechnology such as development of nanoparticle based drug delivery systems.
  • In terms of therapeutic use or clinical indication, oncology dominates the market. The highest research activity as of 2016 is being performed for this indication, which in turn is expected to drive the market.
  • Few of the industry players include Movianto GmbH, Thermo Fischer Scientific, Sharp Packaging Services, Catalent Pharma Solution, Biocair International Ltd., PCI Services, Almac Group Ltd, and Patheon Inc. Other players present in the market space include Clinigen Group Plc, Merck Serono, and Chimerix.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the clinical trial supplies market by phase, product/service, end-use, therapeutic use and region:

Clinical Phase Outlook (Revenue, USD Million; 2014 – 2025)

  • Phase I
  • Phase II
  • Phase III
  • Others

Product/Service Outlook (Revenue, USD Million; 2014 – 2025)

  • Manufacturing
  • Storage & distribution
    • Cold chain based
    • Non-cold chain based
  • Supply chain management

End-Use Outlook (Revenue, USD Million; 2014 – 2025)

  • Pharmaceuticals
  • Biologics
  • Medical device
  • Others

Therapeutic Use Outlook (Revenue, USD Million; 2014 – 2025)

  • Oncology
  • CNS
  • Cardiovascular
  • Infectious disease
  • Metabolic disorders
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • South Africa
    • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information visit – www.grandviewresearch.com