According to a new market report published by Credence Research Global Thermal Energy Storage Market– Growth, Future Prospects & Competitive Analysis, 2017 – 2025, the Global Thermal Energy Storage Market is expected to reach US$ 6.2 Bn by 2025, expanding at a CAGR of 11.0% during the forecast period 2017 – 2025.
Browse the full Global Thermal Energy Storage Market by Technology, Storage Material, End User and Geography – Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/thermal-energy-storage-market Market Insights Thermal energy storage market is expected to witness robust growth with increasing spending on renewable energy including wind and solar owing to rising concerns over the emission of greenhouse gases promoting the use of solar and wind energy. Revision in emission targets at Paris Climate Change Conference, impelling the investment in the solar and wind energy projects across various economies of the globe. In 2016, more than 54 GW of wind energy was added across various countries of the world to reach cumulative world wind power capacity of 486.8 GW. Similarly, global solar power generation also witness robust growth in capacity addition of solar power. In 2016, 50 GW solar power capacity was added global across the globe. Globally, now cumulative solar power capacity is about 305 GW with highest growth in new capacity addition of 29% of the Europe new solar capacity addition. Followed by it, Germany stood at second place with 21% share in Europe new capacity addition and France with 8.3% share in Europe new solar power capacity addition. Thus, growth in solar power installation is projected to fuel the demand thermal energy storage. Moreover, various government initiatives such as 100% electric vehicle mobility by 2030 set by Indian government to transform the transit system to use clean energy anticipated to propel the demand for thermal energy storage. Further, growing demand for thermal energy storage in HVAC application is projected to augment the demand for thermal energy storage over the forecast period. Therefore, thermal energy storage market is projected to witness robust growth during the forecast period of 2017-2025. Competitive Insights: Global thermal energy storage market is segmented on the basis of technology, storage material, end user and geography. By technology, sensible technology segment was the most dominant segment in global thermal energy storage market in 2016 and anticipated to continue its dominance over the forecast period. Increasing application of sensible technology such as underground storage of sensible heat in both liquid and solid storage medium is also used for various applications including district heating and cooling systems. Based on storage material, molten salt material segment accounted for the largest share in global thermal energy storage market owing increasing use of molten salts based technology is projected to drive the growth of the segment during the forecast period. On the basis of geography, Europe was estimated to be the largest market for thermal energy storage in 2016 and projected to maintain its dominance during the forecast period. Revision in emission targets and increasing investment in renewable energy capacity addition is anticipated to drive the growth of the segment during the forecast period. Major players in global thermal energy storage market are investing in research and development, merger and acquisition with focus on increasing market penetration. Overall, global thermal energy storage market is anticipated to register robust growth over the forecast period (2017-2025). Key Trends: – Merger & Acquisition – Investment in R&D About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected]
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According to the latest market report published by Credence Research, Inc. “Disposable Gloves Market – Growth, Future Prospects, and Competitive Analysis, 2017 – 2025,” the global disposable gloves market was valued at US$ 5,297.8 Mn in 2016, and is expected to reach US$ 8,692.8 Mn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.
Browse the full report Disposable Gloves Market – Growth, Future Prospects and Competitive Analysis, and Forecast, 2017 – 2025 at http://www.credenceresearch.com/report/disposable-gloves-market Market Insights With increase in awareness about healthcare safety and hygiene, necessary steps are being taken to prevent contamination between patients, caregivers and environment, which fuels the demand of disposable gloves. Disposable gloves are widely used in industries to maintain product quality and standards. They are used across different industries such as chemicals, automotive, healthcare, pharmaceutical, food and beverage industry. Amongst all, medical usage of disposable gloves occupies the major share. In developing countries, with improvement in healthcare infrastructure, and awareness about hygiene and WHO’s stringent guidelines and regulations for healthcare safety, makes the emerging economies lucrative market for disposable gloves. With advent of technology, gloves made from material type such as nitrile, vinly available in the market that are better than the conventionally used latex, availability of non powdered gloves further fuel the growth of disposable gloves market. The global disposable gloves market is segmented by material type into latex, vinyl, nitrile and others (polyethylene, neoprene). Increase in demand of the latex market, drives the disposable glove market and occupies largest share. The global disposable gloves market is also segmented by glove type as powdered and non powdered disposable gloves. Non powdered is the most widely used and accepted product, thus dominating over the disposable gloves market. As of the current market scenario, North America together dominate the global disposable gloves market followed by the European market. In developed countries there is being stringent rules and regulation and guideline for maintaining health standard and safety to further avert the chances of nosocomial infection that is commonly observed recently. Thus with advent of technology and safety and hygiene norms, there in being increase in demand of disposable gloves in food, health care and personal care. Asia Pacific is anticipated to be the fastest growing market for the forecast period. In developing countries there is being increase in investment in healthcare infrastructure, improvement in standards of healthcare aligned with WHO guidelines in terms of safety and hygiene and continuous improvement in quality in food and healthcare industry. Market Competition Assessment: Key players in the global disposable gloves market are Adventa Berhad, Ansell Healthcare, Cardinal Health, Inc., Dynarex Corporation, Hartalega Holdings Berhad, Medisafe Technologies, Medline Industries, Inc., Kimberley-Clark Corporation, Latexx Partners Berhad, Paul Hartmann AG, Rubberex, Shield Scientific, Supermax Corp., Top Glove Corp. and others. Key Market Movements: – Increase in incidence of pandemic infectious disease that cause need of infection control measure which is one of the driver for growth of the disposable market – Rising awareness about health safety measure and hygiene by the healthcare provider and patient, strict regulation by WHO for control and prevention of infection are pivotal factors fueling the demand of disposable gloves – High standards set for hygiene and healthcare safety to avoid cross contamination during medical examination and treatment, healthcare professionals, surgeons, nurses use gloves to protect and prevent infection occurrence – Use of nitrile gloves which provide better protection from abrasive chemical or immersion liquids use din labs, oncology, clinics, endoscopy etc. It is FDA approved for medical use due to high durability and barrier protection About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] Forecast Report - Transformer Oil Market Size, Share, Growth & Worldwide, 2025: Credence Research8/17/2017 According to a new market report published by Credence Research Global Transformer Oil Market– Growth, Future Prospects & Competitive Analysis, 2017 – 2025, the Global Transformer Oil Market is expected to reach US$ 5.3 Bn by 2025, expanding at a CAGR of 4.7% during the forecast period 2017 – 2025.
Browse the full Global Transformer Oil Market by Type, Application and Geography – Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/transformer-oil-market Market Insights Increasing power demand due to growth in industrial, commercial and residential establishments fueling the demand for electricity across the globe which in turn is driving the demand for transformers subsequently increase the demand for transformer oil. Besides this, favorable government initiatives in key consuming economies such as India to completely move to electric vehicles on the road by 2030 which is expected to fuel the electricity consumption in India which is subsequently fueling the demand for transformer oil. Furthermore, rapid growth in rural electrification due to various government initiatives in emerging economies such as India and China is expected to impel the growth in demand of transformer which is subsequently projected to drive the demand for transformer oil over the forecast period. However, growing inclination towards dry type transformer and corrosive nature of transformer oil due the presence of sulfur content is projected to hamper the growth of transformer oil over the forecast period (2017-2025). Competitive Insights: Global transformer oil market is segmented on the basis of type, application and geography. By type, mineral oil based segment was the most dominant segment in global transformer oil market in 2016 and anticipated to continue its dominance over the forecast period. Easy availability and affordable prices are projected to be the growth drivers of the segment. Based on application, distribution transformer segment accounted for the largest share in global transformer oil market. Growing demand for electricity due to growing urbanization and rural electrification projected to drive the growth of the segment. On the basis of geography, Asia Pacific was estimated to be the largest market for transformer oil in 2016 and projected to maintain its dominance during the forecast period. Rapid urbanization and growing industrial manufacturing and high growth in rural electrification is expected to impel the electricity consumption in the region which in turn is anticipated to drive the growth of the segment during the forecast period. Major players in global transformer oil market are investing in research and development, merger and acquisition with focus on improve their product portfolio and market penetration. Overall, global transformer oil market is anticipated to register significant growth over the forecast period (2017-2025). Key Trends: – Merger & Acquisition – Investment in R&D About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] According to the latest report published by Credence Research, Inc. “Bone Densitometers Market – Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global Bone Densitometers market was valued at US$ 889.5 Mn in 2016, and is expected to reach US$ 1,187.0 Mn by 2025, expanding at a CAGR of 3.2% from 2017 to 2025.
Browse the full report Bone Densitometers Market – Growth, Future Prospects and Competitive Analysis, 2017–2025 at http://www.credenceresearch.com/report/bone-densitometers-market Market Insights Growth in geriatric population and increase in incidence of orthopedic disorders such as osteoporosis, osteoarthritis, Paget’s diseases and others have a high impact towards driving the growth of bone densitometers market. Growth in screening initiatives taken by government and non-government bodies to ultimately contain treatment and management costs for bone disorders is additionally leading to growth in demand for diagnostic devices like bone densitometers. Increase in awareness about prevention and management of orthopedic disorders and corresponding urge for swift diagnosis is opening further avenues in this market. Conversely, limited reimbursement coverage for bone density tests in developing and underdeveloped economies, and sustained preference for refurbished devices are however holding back the growth of bone densitometers market in select regions. In terms of available technologies, the global bone densitometers market is categorized into axial and peripheral bone densitometry and further into their constituent sub-types. Among such available technologies, peripheral bone densitometry occupies the larger market share and will continue its dominance through the forecast period. Larger number of constituent technologies and better outcomes are the factors contributing to the dominance of this segment. Increasing number of fractures and corresponding hospitalization has made hospitals and specialty clinics the largest usage area for bone densitometers. The same factor also contributes to the fastest market growth of this segment among others. In addition, growing research and development initiatives in order to develop the best treatment, treatment regimen and modules for orthopedic disorders has created lucrative penetration opportunity for bone densitometer manufacturers in research and academia. Geographically, Asia Pacific is the fastest progressing regional market for bone densitometers. Emerging economies such as China, India, and others offer significant opportunities for market penetration. Furthermore, growing scope for medical tourism in countries such as Philippines, India and others offer further growth opportunities in Asia Pacific market. North America and Western Europe together occupy the largest revenue share for bone densitometers on the collective ground of existence of developed healthcare infrastructure, and greater patient awareness. In terms of market competition, the global bone densitometers market is highly consolidated with a selected companies occupying greater market share. The threat of new entrants in this market is also relatively low. About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] Recent Release – Global Benzyl Benzoate Market Expert Opinion Report 2025: Credence Research8/17/2017 According to a new market report published by Credence Research “Global Benzyl Benzoate Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global benzyl benzoate market is expected to reach over US$ 80.7 Mn by 2025, expanding at a CAGR of 4.4% from 2017 to 2025.
Browse the full Global Benzyl Benzoate Market by product type, pharmaceutical grade, industrial grade and flavors & fragrance grade; by Application, pharmaceuticals (in scabies therapy), textile auxiliaries (dye carrier, leveling agent, healant), flavors & fragrance (the sole solvent of musk) and plasticizer; and by geography North America, Europe, Asia Pacific, Latin America and Middle East & Africa – Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/benzyl-benzoate-market Market Insights On the basis of type, the global benzyl benzoate market is segmented into pharmaceutical grade, industrial grade and flavors & fragrance grade. In 2016, industrial grade was observed to the largest segment for the benzyl benzoates accounting for more than 50% revenue share in global benzyl benzoates market. Increasing use of benzyl benzoates in textile auxiliaries and plasticizer is projected to drive the demand for industrial grade benzyl benzoates during the forecast period. Industrial grade segment is also expected to register highest by revenue. On the basis of end use applications, the global benzyl benzoate market is segmented pharmaceuticals (in scabies therapy), textile auxiliaries (dye carrier, leveling agent, healant), flavors & fragrance (the sole solvent of musk) and plasticizer. In 2016, textile auxiliaries is observed to be the most dominant segment accounting for more than 40% market share by volume and by revenue in global benzyl benzoates market. The segment is projected to grow at significant CAGR by revenue and is expected to maintain its dominance through the forecast period. Plasticizer segment is expected to be the fastest growing segment with highest CAGR by revenue in upcoming years. For the purpose of this study, the global hand sanitizer market is categorized into regional markets viz., North America, Europe, Asia Pacific and Latin America and Middle East and Africa. In base year 2016, Asia Pacific was observed as the largest market for benzyl benzoates followed by North America and Europe. Asia Pacific is expected to achieve highest growth rate compared to other regions due to presence of countries such as China, India and Japan are observing significant industrial growth. Furthermore, the companies are focusing on expanding their business network, across regional markets. They are strengthening their market penetration by offering wide product range in the benzyl benzoates segment. Emerald Kalama Chemical, Hunan Hongrun Chemical Technology Co., Ltd., Hubei Greenhome Fine Chemical CO., LTD., Jiangsu BVCO Biological Technology CO., LTD. , LANXESS, Liaoning Huayi Chemical Industry& Commerce Co., Ltd., Tianjin Dongda, Tianjin Dajia Chemical Co., Ltd., Wuhan Biet Co., Ltd., Wuhan Sinocon New Chemical Materials Co., Ltd., Wuhan Youji Industries Co., Ltd., Zengrui Chemical Zibo Co., Ltd., etc. are few key manufacturers in global hand sanitizer market. Key Trends: – High Demand from End-use Industries – Volatile Raw Material Prices & Increasing Use of Substitutes are impacting the growth of the market – Rising Demand from High Growth Economies About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] According to the latest report published by Credence Research, Inc. “Specialty Enzymes Market – Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global specialty enzymes market was valued at US$ 1,826.9 Mn in 2016, and is expected to reach US$ 3,844.4 Mn by 2025, expanding at a CAGR of 8.5% from 2017 to 2025.
Browse the full report Specialty Enzymes Market – Growth, Future Prospects and Competitive Analysis, 2017–2025 at http://www.credenceresearch.com/report/specialty-enzymes-market Market Insights Strong demand from pharmaceutical industry for advanced enzymes for drug discovery and development and perpetual introduction of novel specialty enzymes are majorly driving the global specialty enzymes market. The demand for biocatalyst enzymes, pharmaceutical enzymes, biotechnology and diagnostic enzymes is expected to experience solid growth through the forecast period. Growth of the overall specialty enzymes market will significantly benefit from grwth in demand for high-value enzymes. Innovation in the nature of enzymes and growth in range of applications of such enzymes will further support the progress of this market. Among the considered enzyme types, nuclease and polymerase enzymes will retain strong growth during the forecast period, due to growing focus of pharmaceutical companies on harnessing the capabilities of biotechnological advancements in development and introduction of novel drugs. Swift introduction and development of novel diagnostic solution that target DNA and RNA substrates will give additional boost to these segments. Considering the given range of application areas of specialty enzymes, it is noticed that these enzymes are used in less amount in therapeutic/pharmaceutical applications; however, this segment demands highly specific and pure enzymes. This will play a key role in determining the consumption manner of specialty enzymes in the global market. Growing use of specialty enzymes in therapeutics for cancer, pain and inflammation, lysosomal storage disorders, cardiac diseases, etc. is a significant factor fueling the demand for specialty enzymes in pharmaceutical application and research and biotechnology. Geographically, United States and thereby North America dominate the global specialty enzymes market. Growing funding in research and development focused on introduction of novel therapeutics and diagnostic solutions are the most prominent contributor to the dominance of this region. Swift adoption of novel technologies in biotech and pharma sectors in Europe has aided in contributing to the prominence of European market on the global front. On the other hand,, growing CRO and CMO activities in Asia Pacific will make the region the fastest progressing market during the forecast period. The most prominent players in the global specialty enzymes market include Novozymes, E. I. du Pont de Nemours and Company, Roche Holding AG, BASF SE, Life Technologies Corporation, Advanced Enzyme Technologies Ltd., Affymetrix, Inc., Codexis, Inc., Amano Enzyme, Inc., Sanofi S.A. and others. This report also highlights the major market dynamics currently prevalent in the global specialty enzymes market, along with chief market growth initiatives taken by the market players. Along with estimations and forecast for the considered products, sources and applications of specialty enzymes, this report also includes market estimation and forecast for chief country-level markets and regional cross sectional analysis for the overall regional markets. About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] According to the latest market report published by Credence Research, Inc. “Amyotrophic lateral sclerosis (ALS) Treatment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” the global amyotrophic lateral sclerosis treatment market was valued at US$ 51.04 Mn in 2016, and is expected to reach US$ 306.6 Mn by 2025, expanding at a CAGR of 21.1% from 2017 to 2025.
Browse the full report Amyotrophic Lateral Sclerosis (ALS) Treatment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/amyotrophic-lateral-sclerosis-als-treatment-market Market Insights Amyotrophic lateral sclerosis (ALS) is also known as Lou Gehrig’s disease or Maladie De Charcot, it is a neurological disease that causes death of nerve cells that control voluntary muscles. According to National Organization for Rare Disorders (NORD), ALS is a is a rare disorder that affects approximately 30,000 people in the United States, approximately 5,000 new cases are diagnosed each year in the United States. Currently, there is no cure for ALS however, treatments are available to control symptoms and to prevent complications. The U.S. Food and Drug Administration (FDA) has approved only two drugs for the treatment of ALS it includes Riluzole and Edaravone, other medications are prescribe to control ALS symptoms. It is studied that in the base year 2016, Riluzole (Rilutek) was major revenue generating segment because riluzole was the only approved drug for a treatment of ALS, however patent expiry of Rilutek in 2013 has been negatively impacting the ALS treatment market growth. On the other hand, recently approved medication Edaravone (Radicava) expected to show highest growth rate during forecast period due to its applicability and higher cost would drive market growth. Moreover strong pipeline molecule such as AB-1010 (masitinib), Methycobal (mecobalamin), Arimoclomol, CK-2017357 (CK-357, tirasemtiv) would assist ALS treatment market growth during forecast period. It is observed that, in the base year 2016, North America was dominating ALS treatment market in terms of revenue due to the factors such as upsurge in funding by government agencies and private organizations in healthcare system, increase in prevalence of the neurological diseases and higher treatment awareness are fueling market growth in North America. It is anticipated that, Asia Pacific will grow significantly during forecast period due to increasing healthcare awareness, increasing partnership of key players such as Biogen, Avicena, Mitsubishi Tanabe, and Sanofi with local manufacturer, populous countries and developing economic condition would fuel ALS treatment market growth. Market Competition Assessment: The Amyotrophic lateral sclerosis (ALS) market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as AB Science, Avicena Group, Biogen, BrainStorm Therapeutics, Covis Pharmaceutical Inc., Cytokinetics Inc., Eisai Co. Ltd., GlaxoSmithKline plc., Ionis Pharmaceuticals, Inc., Mitsubishi Tanabe Pharma Corp., Neuralstem Inc., Neuraltus Pharmaceuticals Inc., Newron Pharmaceuticals S.p.A., Nutra Pharma Corp., Pharnext SAS, Q-Therapeutics Inc. and other. Key Market Movements: – Factors such as increasing treatment awareness, increase in incidence of ALS, strong pipeline molecules, rising geriatric population, favorable reimbursement policies in some countries and expected launch of newer medication would drive the growth of ALS treatment market globally. – Due to the higher number of unmet needs, manufacturers in the market are focusing on innovation and technological advances in treatment options would further influence the growth of ALS treatment market globally. About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] The latest market report published by Credence Research, Inc. “Bathroom Cabinets Market, By Material Type, Application and Region – Growth, Future Prospects and Competitive Analysis, 2016 – 2024,” the global bathroom cabinets market was valued at US$ 7,031.7 Mn in 2017, and is expected to each US$ 13,283.2 Mn by 2025, expanding at a CAGR of 7.5% from 2017 to 2025.
Browse the full Bathroom Cabinets Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/bathroom-cabinets-market Market Insights The global bathroom cabinets market is experiencing growth as surge in home building activity drives new bathroom furniture installations and a remodeling and renovations sector boosts demand for significant interior makeovers. There is a rise in the consumer preference for functional bathroom with modern amenities, making the homemakers provide luxurious bathroom furniture and other amenities at home. Moreover, overall bathroom product market sales have increased substantially over the past decade, mostly boosted by the rising average spending on bathroom renovations and remodeling. Furthermore, the manufacturers are coming up with the option of customized designing by various styles and patterns of bathroom cabinets of different materials that would give a modular look to the bathroom. With the increase in premium quality products incorporated in the bathroom renovation, and quality of the furniture and material used, the cost increases. Product innovations by the manufacturers are leading to the rise in the cost of the products. Due to this reason many consumers opt for local suppliers which offer the product in low price, however, the quality of the product is hampered. This is acting as the restrain to the global bathroom cabinets market. Competitive Insights The market is moderately fragmented owing to presence of numerous players. To maintain their market position manufacturers compete on design and quality. Brand image also plays a vital role in bathroom cabinets market. Some of the major players present in this market are Annwa ceramic sanitaryware Co., Ltd, ARROW Electronics, Inc., Kohler Co., MASCO Corp, and Faenza Ceramics Co., Ltd. Key Trends – Rising demand from business construction and housing developments – New product launches – Increasing consumer spending on innovative bathroom products About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] According to a new market research report published by Credence Research “Lawn Mowers Market (By Type – Walk-behind, Riding, Tractors, Zero Turn and Robotic; By Fuel Type – Petrol, Diesel and Electric; By Engine Power – Less than 15hp, Between 15hp and 30hp, More than 30hp; By End-use – Residential, Commercial Mowing Companies, Municipalities and Others) – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025”, the global lawn mowers (lawn mowers) market is expected to grow at a CAGR of 7.2% from 2017 to 2025.
The complete report is available at http://www.credenceresearch.com/report/lawn-mowers-market Market Insights The global lawn mowers market is primarily driven by increasing need to maintain lawns and gardens in various residential and commercial complexes. Factors such as stringent government regulations towards lawn maintenance in some of the developed economies in the North America and Europe regions have led to the higher demand for heavy-duty lawn mowers. Moreover, changing consumer lifestyle accompanied with rising demand for landscape beautification have further fueled the growth in the in the overall lawn mowers market across the world. In addition, introduction of robotic lawn mowers by some of the leading market participants has led to higher adoption of automated lawn mowing solutions. Robotic lawn mowers are gaining immense popularity as they are equipped with many features and are able to mow larger area as compared to other available mowers in lesser time. These mowers have adequate horsepower to tackle a variety of grass and conditions of lawns. Robotic lawn mowers are extensively used in European region especially in Germany, France, Sweden and Switzerland. Gradually, robotic lawn mowers are also gaining popularity in the North America region. With frequent development in the field of robotics, it is expected that the overall lawn mower market is expected to rise considerably in the following years. Competitive Insights: The overall lawn care equipment industry comprises large number of players, making the lawn mower market quite fragmented and highly competitive in nature. Key players identified in the global lawn mowers market include John Deere, The Toro Company, Husqvarna Group and MTD Group. Some of the other prominent players include Ariens Company, Briggs & Stratton Corporation, Kubota Corp, Robert Bosch GmbH and GGP Group. Companies operating in the global lawn mowers market have been engaged in design and development of wide product portfolio in order to meet varied consumer requirements. Key Trends: – Increasing demand for commercial lawn mowing services resulting in higher demand for riding lawn mowers and tractors – Increasing adoption of robotic lawn mowers especially in the European market About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] According to a new market research report published by Credence Research “Bicycle Tires Market (By Product Type– Tubed, Tubeless and Airless; By Application: On-road and All Terrain) – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025”, the global bicycle tires market was valued at US$ 4.9 Bn in 2016 and is expected to grow at a CAGR of 5.7% during the forecast period from 2017 to 2025.
The complete report is available at http://www.credenceresearch.com/report/bicycle-tires-market Market Insights Bicycle tires industry has witnessed high growth in the recent years on account of factors such as rising health awareness, resulting into higher bicycle sales. Due to increased sedentary lifestyle across the world, disorders such as obesity and cardiovascular diseases have posed serious threat to human health. Subsequently, several people are turning towards healthy practices so as to maintain healthy lifestyle. Bicycles are among the easiest and effective solutions promoting better health and greener mode of commute. Cycling helps burning nearly 500 calories per hour providing an excellent workout session. The overall bicycle tires market is primarily driven by the consistently rising bicycle sales worldwide. Several countries such as China, Japan and many of the European countries have embraced cycling as their mode of transportation. Due to high health awareness across the regions, bicycles are witnessing increased adoption for fitness as well as transit. Apart from this, the bicycles industry has also witnessed strong growth due to factors such as growing bicycle sports activities and promotional measures undertaken by national governments. Various national governments emphasize on developing a separate infrastructure for cyclists so as to minimize any on-road mishaps. Apart from the aforementioned factors, the overall bicycle tires market is also supported by the advent of several tire designs. In order to provide optimum convenience and safety, various tire designs such as tubeless tires, foldable tires, studded tires, puncture resistant tires and soft/hard rubber tires. In addition, over the period of time, all-terrain bicycle tires have been designed to ensure a safe and stable ride on any type of surface. Competitive Insights: The global bicycle tires market is fairly fragmented with numerous leading providers of bicycle tires operating in various major markets across the world. The key players of bicycle tires market include MICHELIN, Continental AG, Vittoria Group, Kenda Tires, Maxxis International–USA, Schwalbe Tires North America, Inc., SUOMEN RENGASTEHDAS OY, Ralson Tyres, Zhongce Rubber Group Company Limited, and Hwa Fong Rubber Ind. Co., Ltd. High competition is experienced among the major players of bicycle tires manufacturers. Consistent rise in the people using a bicycle for daily commute has boosted the overall demand for bicycles. Consequently, the demand for the bicycle tires has also escalated considerably. Bicycle tire manufacturers are adopting different strategies such as the expansion of their global reach and strengthening their sales and distribution network. Making partnerships with eminent sports professionals and sponsoring major bicycle events for their brand promotion is one of the prime strategies inculcated by the bicycle tires manufacturers. Key Trends: – Increasing investments and rising number of product launches in the airless (solid) bicycle tires segment – Higher demand for tubeless all terrain tires from consumers for better convenience and usability – Market is expected to witness consolidation as large global players seek to acquire small local companies to widen their geographic presence About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Global Sales Manager Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: [email protected] |
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