Load Haul And Dump (LHD) Trucks Market Estimated To Reach US$ 7.83 Bn By 2025 – Credence Research8/11/2017 According to a new market report published by Credence Research Inc “Load Haul and Dump (LHD) Trucks Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2024, The global market for LHD trucks was valued at US$ 4.06 Bn in 2015 which is expected to reach US$ 7.83 Bn by 2023 at a CAGR of 6.8% through the forecast period.
Browse Full Report at: http://www.credenceresearch.com/report/global-load-haul-and-dump-lhd-trucks-market Muck extraction is among the most crucial tasks in the overall underground mining process. Load, Haul and Dump trucks or LHDs are designed to operate in extreme conditions and are highly rugged, efficient and maneuverable. LHDs are available in range of a hauling capacity. Similar to most of the underground mining equipment, the structure of LHD is divided into two parts for better weight distribution during operation. Its construction with small height and width and long length helps providing improved maneuverability to LHD in narrow tunnels. The market for LHDs is expected to witness considerable growth through the forecast period with increase in number hard rock mines in Asia Pacific and Africa. In addition, continuous advancement in design of LHDs to reduce weight and size is also expected to increase the demand for LHD trucks. LHD is available with a diesel internal combustion engine that supplies power to all of its functions. Depending upon application, the engines can either be water cooled, oil cool or air cooled. Diesel LHD segments accounted for the largest revenue share volume share compared to electric LHDs. However, electric LHDs are expected to witness fastest growth with increasing replacement of diesel engine LHDs with electric LHDs to reduce pollutants in mine. Electric LHD come with electric motor with capacity up to 150HP with common operating voltage of 380V to 550V. On board batteries or flexible power lines provide the power to electric drives. Electric LHDs are not yet a universal solution to all underground mining systems. It was found that while electric LHDs can offer lower operating costs and do contribute many qualitative benefits, they also have a range of drawbacks, primarily due to their trailing cables. However, with a suitable mine design, electric load haul dump units are a viable option and could result into zero-emission. Asia Pacific is the largest regional market for LHD trucks followed by North America and Europe. Asia Pacific expected to maintain its domination position through the forecast period 2017 – 2022 with increasing underground mining activities in China, India, Japan and other countries in the region. 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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Military Radar Market To Expand With A CAGR Of 3.2 % From 2017 To 2025 – Credence Research8/11/2017 According to a new market research report published by Credence Research “Military Radar Market (By Type (Ground-based Naval-based, Airborne, Space-based) Growth, Future Prospects and Competitive Landscape, 2017-2025”, military radar market is estimated to grow at a CAGR of 3.2 % from 2017 to 2025.
The complete report is available at http://www.credenceresearch.com/report/military-radar-market Market Insights At present, many countries across the globe are facing dramatic situation related to national security. Governments are striving extensively to enhance their warfare and surveillance techniques to safeguard their country. Surveillance and detection play a major role in modern warfare. Radar is one such device used extensively for surveillance. A radar system usually operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency spectrum and is used to detect the position and/or movement of objects. Persistent development in electronics has expanded the range and capabilities of modern day surveillance system including military radar system. Countries are adopting new and improved radar system for enhancing their surveillance capabilities. The radar system can have a direct impact on the security of their country. Consequently, military radar market is expected to grow at a consistent rate in the following years. Countries including the U.S., China, Russia, the U.K., and India are among the largest spending countries over defense systems. Due to continually rising efforts towards strengthening their defense capabilities, the demand related military equipment is is projected to remain strong throughout the forecast period. This would further boost the demand for military radar systems in the following years. The demand for military radar system is also driven by the rising territorial disputes amongst many countries worldwide. The continuous threat from neighboring countries has forced the governments of different nations to procure hi-tech weapons and surveillance system in order to curb the increasing security concerns. Perpetual development in electronic has remarkably impacted the modern day radar system. The military radar system has become more powerful, efficient and lightweight than ever. In addition, merits such as accurate tracking, detection, mapping, and stealth system warning has encouraged further proliferation of radar system in defense sector. Military radar market is segmented according to their type and geography. On the basis of types, military radar is classified into ground-based, navel-based, airborne and space-based. As of 2016, the ground-based radar system dominated the overall market for the military radar system. Competitive Insights: Military radar market is quite consolidated in nature characterized by a few companies dominating the overall military radar market. These companies face a cut throat competition in order to maintain their market position. The companies consistently strive to upgrade their product capabilities by enabling them to operate on a wide range of radio frequency. Major players in the market include Lockheed Martin Corporation, BAE Systems, General Dynamics Corporation, Airbus Group, Raytheon Company, Thales Group, Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries (IAI),, and Finmeccanica SPA. Key Trends: – Increasing demand for hi-tech defense and surveillance system. – Perpetually changing technology and evolution of new designs of the military radar system. – Increasing investments by the various governments for strengthening national security. – Rising territorial disputes and terrorist activities. 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. “Psoriasis Treatment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” the global Psoriasis Treatment market was valued at US$ 7.9 Bn in 2016, and is expected to reach US$ 12.8 Bn by 2025, expanding at a CAGR of 5.4% from 2017 to 2025.
Browse the full report Psoriasis Treatment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/psoriasis-treatment-market Market Insights Psoriasis is a chronic, inflammatory, painful skin disease for which there is no cure with great negative impact on patient’s quality of life. Primary goal of treatment is to reduce inflammation and to stop the skin cells from growing quickly. Psoriasis treatment market is rapidly growing due to factors such as growing prevalence in some countries, significant unmet needs, promising pipeline molecules would drive the growth of psoriasis market worldwide. For the purpose of study, global psoriasis treatment market is segmented on the basis of drug class such as TNF Inhibitors, Vitamin D analogues, interleukin blockers and other psoriasis medication. It is observed that, in the base year 2016, interleukin blockers was major revenue contributing segment due to its long-term safety with lower risk of infection and malignancy. Psoriasis treatment market is categorized on the basis of route of administration such as topical, oral and parenteral therapeutic drugs. Currently, topical therapeutic drugs hold largest market share due to its safety, more effectiveness and targeted drug delivery. It is anticipated that parenteral therapeutic drugs would show significant growth during forecast period because newly approved biologics are generally preferred in moderate to severe psoriasis. Psoriasis treatment market is currently dominated by North America, factors such as higher cost of therapy, higher number of psoriasis patient, government reimbursement policies fueling the growth of psoriasis treatment market in North America. Market Competition Assessment: The psoriasis treatment market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as AbbVie Inc., Amgen Inc., AstraZeneca, Biogen, Boehringer Ingelheim, Celgene, Eli Lilly and Company, Johnson & Johnson, LEO Pharma A/S, Merck & Co., Inc., Novartis AG, Pfizer, Inc., Stiefel Laboratories Inc. (GlaxoSmithKline plc.), Sun Pharmaceutical Industries and other. Key Market Movements:
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 report published by Credence Research Global Bitumen Market– Growth, Future Prospects & Competitive Analysis, 2017 – 2025, the Global Bitumen Market is expected to reach US$ 87.1 Bn by 2025, expanding at a CAGR of 4.6% during the forecast period 2017 – 2025.
Browse the full Global Bitumen Market by Grade Type, Application and Geography – Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/bitumen-market Market Insights Bitumen market is projected to witness significant growth in demand with rising investment is road infrastructure across the globe during the forecast period. Rapid urbanization, increasing international trade are driving the need for robust roadways infrastructure are anticipated to be the key factor fueling the demand for bitumen over the forecast period. Increasing investment in road infrastructure especially in China, India and U.S. is projected to drive the demand for bitumen over the forecast period. Bitumen is also used as waterproofing material in buildings, water tanks, dams, bridges, ships, boats, etc. due to its water insoluble properties. Growing infrastructure projects including construction of dams, water tanks, bridges, etc. are anticipated to drive the growth of bitumen market during the forecast period. Further, bitumen is also finds application in adhesives. Thus, increasing demand for bitumen from wide array application is projected to fuel the growth of global bitumen market during the forecast period (2017-2025). Competitive Insights: Global bitumen market is segmented on the basis of grade, application and geography. By application, in 2016 road construction segment was the most dominant segment accounting for largest revenue share in global bitumen market. Widening road infrastructure especially in China, U.S., India and other key consuming economies coupled with various government initiatives and agreements among countries. Road infrastructure projects such as OBOR (One Belt One Road) initiative by China, aimed to build economic corridor to connect China with Europe and South Asia is projected to fuel the demand for bitumen in the region. Besides this, rapid expansion of road infrastructure in India with focus to support country’s economic growth is projected to drive the demand for bitumen in the country during the forecast period. On the basis of geography, Asia Pacific was estimated to be the largest market for bitumen in 2016. Increasing investment in construction of highways in the region especially in India and China is projected to spur the demand for bitumen in the region during the forecast period. Major players in global bitumen market are investing in expansion of production capacity, merger and acquisition with focus on increasing market penetration. Overall, global bitumen market is anticipated to register significant growth over the forecast period (2017-2025). Key Trends:
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 report published by Credence Research Global CNG Cylinders Market– Growth, Future Prospects & Competitive Analysis, 2017 – 2025, the Global CNG Cylinders Market is expected to reach US$ 4.0 Bn by 2025, expanding at a CAGR of 12.3% during the forecast period 2017 – 2025.
Browse the full Global CNG Cylinders Market by Type, Material, Application and Geography – Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/cng-cylinders-market Market Insights Rising environmental concerns over the emission of greenhouse gases inclining economies across the globe to reduce their dependence on oil and shift towards natural gas to control air pollution. Moreover, macroeconomic factors such as setting of new greenhouse gases emission targets at Paris climate change conference which includes agreement and commitment by both G20 and the G7 countries to improve on energy efficiency, increasing the investment in development of CNG storage and distribution infrastructure which in turn is driving the demand for CNG cylinders over the forecast period. Various government across the globe are taking various initiatives such as tax benefits and subsidies to increase the adoption of natural gas including CNG and LNG. Further, increasing market penetration of CNG along with growth in NGV (Natural Gas Vehicles) is anticipated to drive the demand for CNG cylinders. Furthermore, increasing consumer awareness about associated advantages such as improved fuel efficiency over the conventional fuels including gasoline and diesel oil is another factor anticipated to drive the demand for CNG cylinders overs over the forecast period. High demand form key consuming economies including China, India, Brazil, etc. are anticipated to fuel the demand for CNG cylinders over the forecast period (2017-2025). Competitive Insights: Global CNG Cylinders market is segmented on the basis of type, material, application and geography. By type, type 1 segment was the most dominant segment in global CNG cylinders market in 2016 and anticipated to continue its dominance over the forecast period. Low cost of type 1 cylinders and high market penetration is projected to drive the growth of the segment during the forecast period. Based on material type, metal segment accounted for the largest share in global CNG cylinders market owing its wide application in type 1, type 2 and type 3 cylinders. By application, light passenger vehicles application segment was estimated to be the largest application segment in global CNG cylinders market in 2016. Growth in number of NGV car owing increasing adoption of CNG as an alternative fuel is anticipated to drive the growth of segment. On the basis of geography, Asia Pacific was estimated to be the largest market for CNG Cylinders in 2016. Increasing investment in development of supply and distribution infrastructure for CNG in the region especially in China and India is projected to spur the demand for CNG cylinders in the region during the forecast period. Major players in global CNG Cylinders market are investing in expansion of research and development, expansion of production capacity, merger and acquisition with focus on increasing market penetration. Overall, global CNG cylinders market is anticipated to register robust growth over the forecast period (2017-2025). Key Trends:
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. “Candles Market, By Type, distribution channel and Geography – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global candles market was valued at US$ 7,567.50 Mn in 2016, and is expected to each US$ 11,707.76 Mn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.
Browse the full Candles Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/candles-market Market Insight Consumers are increasingly purchasing candles for their home decor, and for aromatherapy-like stress reduction and relaxation. The ease of purchase as well as the availability of various type of candles on multiple distribution channels is prompting more and more people to purchase these products. Proliferation in the number of distribution channels has benefited the sales through department, mass merchandise retailers and home decor stores. Supermarkets and hypermarkets are benefiting due to their discounted prices and various offers particularly attracting more and more buyers. The popularity of e-commerce has significantly increased candles sales. The ease of purchase as well as the availability of extensive information and reviews on products online is prompting more and more individuals to buy these products. Volatility in the prices of raw materials is the major factor hampering the market growth. Paraffin is still the most widely used base material for candle production. Meanwhile in 2014 and 2015, almost 33% of paraffin production in some countries was shut down; forcing candle manufacturers to import large volumes of base material at higher prices. Increasing usage of candles in various applications provide immense opportunities to the manufacturers present in this market. Competitive Insights The market is highly fragmented owing to presence of numerous players. The barriers to entry in the candle industry are low. The small candle makers are rising up and taking their piece of the pie. Many customers are opting to purchase candles from the smaller hand crafted market owing to the uniqueness, quality, and the ability to customize their orders. Key Trends
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] Market Overview – Ammunition Market Share, Size, Strategies And Forecasts to 2025: Credence Research8/9/2017 According to a new market research report published by Credence Research, “Ammunition Market (by Caliber (Small, Medium, Large, Artillery, Mortar), By End-use (Defense, Public Safety, Others)) – Growth, Future Prospects and Competitive Landscape, 2017-2025”, Ammunition market is estimated to grow at a CAGR 4.2% from 2017 to 2025.
The complete report is available at http://www.credenceresearch.com/report/ammunition-market Market Insights Countries across the globe are facing significant concerns related to terrorism, civil wars and armed conflicts between law enforcement agencies and anti-national groups. Numerous governments are striving extensively to tackle such situation peacefully. However, in certain situations, harsh steps are needed to be taken such as use of fire arms in favor of national security. Current scenario has created a continuous demand for ammunition to tackle the aforementioned situation in most of the countries. In the age of arms race, every country allot a considerable budget for arms and ammunition for their country’s security. This has elevated the ammunition market and is expected to grow further in the following years. Ammunition market has witnessed a consistent growth from past many years. Issues such as constant conflicts between countries and rising terrorist activities across the globe have forced countries to spend considerable amount of fortune for ammunition for their arm forces. In addition, rising crime rate is also one of the major reason for the governments to procure ammunition for their law enforcement agencies. Public safety services and law enforcement agencies frequently encounter hostile situation where they are forced to use fire arms. This is one of the prime reason for uplifting the ammunition market. Ammunition are also used for activities such as sports and hunting. Many countries promote season hunting and encourage sports related to fire arms such as clay shooting. Consequently, the demand for ammunition is expected to show consistent growth throughout the forecast period. Ammunition market is segmented based on the caliber, end-use, and geography. On the basis of caliber, ammunition are classifies as small, medium, large, artillery and mortar. Majority of the market is shared by small and medium caliber ammunition. According to the end-use ammunition market is segmented into defense, public safety and others. Public safety contribute the largest share in the end-use segment in terms of revenue. Globally, Asia Pacific leads the overall Ammunition market. Perpetually rising terrorist activities and territorial conflicts between nations of Asia Pacific resulted in increase of demand of ammunition for strengthening the defense capabilities of the country. North America trails Asia Pacific in ammunition market in terms of revenue. U.S. is one of the major ammunition supplier country across the world. Frequent activities related to war has build up a strong position for ammunition market in North America. Competitive Insights: The global ammunition market is consolidated in nature with limited ammunition manufacturers contributing in overall share of market. Major ammunition manufacturers include General Dynamics Corporation, Magtech Ammunition Company, Inc., Remington Arms Company, Inc., Denel PMP, Ruag Ammotec, Maxam, Global Ordnance, Federal Premium Ammunition, Hornady Manufacturing, BAE Systems, Poongsan Corporation and Nexter Munitions. Different strategies have been undertaken by the companies in order to establish dominance in the ammunition market. Strategies such as strategic mergers and acquisition are frequently witnessed between ammunition manufacturers. Key Trends: – Continuous efforts are been taken by the manufacturers to win contracts from the government agencies across the globe – Strategic merger and acquisitions among the major ammunition manufacturers – New age arms and ammunition are being developed at a fast pace – Increasing promotion of the sports related to firearms 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 report published by Credence Research Inc “Tire Pressure Gauge Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025,” the The global market for Tire Pressure Gauge is expected to witness significant growth globally with increasing sale of vehicles, number of vehicle service centers and introduction of stringent regulations related to tire pressure monitoring. The market for tire pressure gauge is expected to witness significant growth with increasing production of motor vehicles. In addition, introduction of stringent emission and vehicle repair and maintenance regulations is also expected to support the growth of tire pressure gauge market particularly in developed regions. In emerging economies increasing vehicle fleet, expansion of automotive production facilities and rising number of independent vehicle services stations and workshops. Countries across the world are introducing stringent tire inflation regulations in order to reduce greenhouse gas emission from vehicle operating with under operated tire pressure. Several countries have made mandatory for gas/fuel stations to provide free compressed air when you vehicle owner purchase gas/fuel. In addition, Automotive Service Providers are required to check and inflate each vehicle’s tires to the recommended tire pressure rating at the time of performing any automotive maintenance or repair service. Such mandatory laws are increasing the demand for tire pressure gauges across the world.
Browse Full Report at: http://www.credenceresearch.com/report/tire-pressure-gauge-market Asia Pacific represents the largest regional market for tire pressure gauge systems followed by North America and Europe. Increasing sale of vehicle particularly in India, China and Southeast Asia are expected to drive the demand for tire pressure gauge devices in the country. China is the largest individual market for tire pressure gauge device. Introduction of stringent regulations to install tire pressure monitoring systems in high end vehicles is triggering the demand for tire pressure gauge devices in North America and Europe. Increasing sale of motor vehicles in Middle East, Latin America and major African countries also expected to increase the demand for tire pressure gauge across the world. Based on Type, the global tire pressure gauge market is segmented into stick gauge, dial gauge and digital gauge. Dial tire pressure gauge accounted for the largest revenue share in 2016. This segment is expected to maintain its dominating position throughout the forecast period. Dial tire pressure gauge are commonly used type and increasingly used in major markets such as India, China and others. The market for digital tire pressure gauge is predicted to see the fastest growth though the forecast period. Digital gauge are easy to operate and offers most accurate reading compared to other type of gauges. The global tire pressure gauge market is very competitive and comprise of large number of small and medium size domestic as well as multinational player. Some of the key players in the global tire pressure gauge market include Coido, Accutire Gauge, Michelin, STEEL MATE, Goodyear, G.H. Meiser & Co, Milton Industries, Longacre Racing, TEKTON, NorthONE, Craftsman, Slime and others. 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 report published by Credence Research “Global Decal Paper Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global decal paper market is expected to reach over US$ 3,965.9 Mn by 2025, expanding at a CAGR of 6.1% from 2017 to 2025.
Browse the full Global Decal Paper Market by Product Type Laser Decal Paper, Inkjet Decal Paper, Candle Decal Paper, Tattoo Decal Paper and Others (Soap, Wood, etc.); 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/decal-paper-market Market Insights On the basis of product type, the global decal paper market is segmented into laser decal paper, inkjet decal paper, candle decal paper, tattoo decal paper and others (soap, wood, etc.). In 2016, laser decal paper is observed to be the most dominant segment accounting for more than 40% in global decal paper market and is expected to maintain its dominance in upcoming years. Other decal papers such as soap, wood, etc. is projected to grow at the higher CAGR over the forecast period. For the purpose of this study, the global decal paper market is categorized into regional markets viz., North America, Europe, Asia Pacific and Latin America and Middle East and Africa. In 2016, Asia Pacific was observed as the largest market for decal paper followed by North America and Europe. The overall growth of the Asia Pacific market will be above the global average during the forecast period. 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 demand for decal papers in upcoming years. Global decal paper market is highly fragmented. Major players includes Tullis Russell Coaters Ltd., Bel Inc., Image Transfers Inc., Hemmi Papilio Supplies LLC., Stechcol Ceramic Crafts Development (Shenzhen) Co., Ltd., Chengdu Jitian Decal Print Co., Ltd., Lazertran Ltd., Glitters (India) Ltd., One Step Papers, LLC., etc. Existing players are facing intense competition from the small/ regional players as the market is highly price sensitive. The manufactures are investing in research and development to develop high quality, differentiated and cost effective products to increase their market penetration especially in key consuming economies. Key Trends: – Use of decals have dramatically expanded over past few years in various applications – Availability of products on various distribution channels boosting the demand of decal papers – Storing of decal paper is the major issue faced by the end users – High technology in the use of decal paper industry 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 report published by Credence Research “Global Silver Paste Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global silver paste market is expected to reach over US$ 4,839.2 Mn by 2025, expanding at a CAGR of 9.8% from 2017 to 2025.
Browse the full Global Silver Paste Market by Application Food & Beverages, Automotive, Electronics and others; 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/silver-paste-market Market Insights On the basis of application, the silver paste market is categorized into Automotive, Electronics and others. In 2016, electronics segment accounted for the largest share of global silver paste market. It accounted for more than 35% revenue share in the global silver paste market. Silver paste is widely used in solar cells, electrical and electronic components, and automobiles. Rising demand for electronics products and automobiles across the globe is expected to boost the demand for silver paste in upcoming years. For the purpose of this study, the global silver paste market is categorized into regional markets viz., North America, Europe, Asia Pacific and Latin America and Middle East and Africa. In 2016, Asia Pacific was observed as the largest market for silver paste followed by Europe and North America. The overall growth of the Asia Pacific market will be above the global average during the forecast period. 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 growth in automobile and electronics industries. Global silver paste market is highly consolidated. Major players includes 3M, AG PRO TECHNOLOGY CORP., Cermet Materials Inc., CHIMET, DuPont, Henkel AG & Company KGaA, Heraeus Holding, Johnson Matthey, Metalor, Targray Technology International Inc. etc. Existing players are facing intense competition from the small/ regional players as the market is highly price sensitive. The manufactures are investing in research and development to develop high quality, differentiated and cost effective products to increase their market penetration especially in key consuming economies. Key Trends: – High demand from end-use industries – Price fluctuation is projected to hamper the growth global silver pastes market – Asia Pacific is likely to drive the silver paste market – The development of the solar industry will boost the demand for silver paste 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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