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Expanded Polystyrene (EPS) Market Type (Black, White, Grey), By Application (Building & Contruction, Packaging, Electrical & Electronics, Automotive, Cold Storage) – Global Market Trends & Forecasts upto 2023 

The total expanded polystyrene (EPS) market is expected to grow at a CAGR of 5.3% from 2017-2023 and reach $ 19.9 billion by 2023. Increasing population and urbanization in developing countries such as India, Thailand, Brazil, etc. have resulted in the growth of manufacturing sectors such as automotive, packaging, and building & construction. This growth in different industries coupled with the huge demand for packaging solutions in the food and beverage & medical and pharmaceutical sector to enhance product safety and freshness of packaged food and medicines during transportation largely drive the EPS market growth. In terms of types of EPS, white EPS accounted for the largest market share in 2017, followed by black and grey EPS. White EPS exhibits superior mechanical durability and water resistant properties, which make it suitable for various end-use industries. EPS finds its heavy utility in the building and construction sector. In 2017, the packaging and building & construction sectors emerged as the leading end use industries capturing market share. Major packaging applications include retail, food, and consumer goods. The rising demand for EPS in cold chain packaging solutions is expected to drive the market for EPS in the packaging sector. Its applications in the building and construction sector include insulated panel systems for walls, roofs, and floors as well as facades for both domestic and commercial buildings. Rising growth in the building and construction industry will eventually result in the growth of the EPS market. Automotive is another significant end use industry for EPS. Asia-Pacific was the most favoured market for EPS in 2017 that bagged the largest market share. The region is expected to grow at the fastest rate of 6.3% from 2017-2023 that will remain the leading market in 2023 as well. China subjugated the EPS market in Asia-Pacific due to the growing electrical and electronic and packaging application in the country. A shift of manufacturing companies to India, China, Indonesia, etc., has been observed because of the availability of low cost labour and raw materials. The demand for EPS in North America and Europe has been anticipated to grow at a moderate rate. EPS is banned in food packaging applications in several states of the U.S. as EPS waste causes tremendous trouble when it leaks into marine environments and contaminates water. However, EPS recycling techniques are now trending in Europe. Greenmax, DUE Recycling Systems, etc., are the companies that provide solutions to recycle EPS. The market is highly fragmented due to the presence of a large number of EPS manufacturers. Companies are working closely with consumers to address their need regarding EPS and with their latest R&D companies that are designing EPS products with exceptional properties. In 2014, BASF started to use an innovative flame retardant “PolyFr”. All of BASF’s Styropor, Neopor, and Styrodur polystyrene products for the European market have better flame retardant properties than HBCD (hexabromocyclododecane), which was used in the past. Some of the major players that operate in this market are BASF, SABIC, INEOS, Total SA, Nova Chemicals Corporation, Synthos S.A., Alpek S.A.B. De Cv, PJSC Sibur Holding, ACH Foam Technologies Inc., Versalis S.P.A, Nova Chemicals Corporation, Synbra Holding BV and Flint Hills Resources, LLC, & others. ...

 3/6/2018 |  Chemicals & Materials

Service Robotics Market, By Operating Environment (Aerial, Ground-based, Marine), Application (Professional Application, Personal Application) - Global Market Trends & Industry Forecasts Upto 2023

The market for social robots has reached $ 7.9 billion in 2017, an increase of 7.0% over the previous year. Professional service robots accounted for two-third of the overall market and are expected to account for a major share of the service robotics market through 2023. The increase in market is expected to be driven by the increasing demand for logistics robots in manufacturing and non-manufacturing sectors, defense applications robots, and inspection and maintenance robots. Robots have now moved beyond the realm of traditional jobs doing repetitive functions, such as assembling of parts and welding, in the manufacturing and automotive industries. With the advancement in technologies, robots are becoming smarter and intelligent fostering the dissemination of new technologies and new innovations advancing the ability of robotics to assist and support humans perform several tasks. Service robots are slowly becoming ubiquitous, delivering newer efficiencies across several applications from assisting in personal tasks to professional services. With the growing integration of robotics with digital forces, such as cloud, artificial intelligence, and analytics, service robotics are bridging the gap between theory and practice in all areas of robotics and intelligent systems. [<<img 10.png>>] The value chain of the service robotics ecosystem comprises several companies and research institutes to provide several activities from research and design to manufacturing and assembly of components to services. Service robotics are witnessing signs of robotic revolution with several startups entering the space backed by several venture capitalists as well large conglomerates incubating the newer technologies. Companies in the robotic value chain range from diverse applications. The focus of service robotics is shifting to the advanced robots with high level of artificial intelligence in terms of their interaction with the environment and the ability to continuously improve their decision making based on external feedback. Service robots have potential market in several new applications across several sectors, including logistics, education, defense and security, healthcare, agriculture and forestry, entertainment, space, domestic tasks, personal and elderly assistance, home security. Several companies are focusing on developing world class robots that are human friendly and add value to the people and businesses that deploy them. The market for social robotics is expected to be driven by the Shift from trend from the strictly structured environments into the unstructured environments and also shorter payback period and higher return on investment. Growing demand for drones from military and non-military applications also expected to boost the demand for drones. However, increase in aging population across the world would encourage the demand for rehabilitation of robots, growth potential across developing nations, persistent requirement of technologically advanced service robots, especially from defense and security verticals are presenting opportunities for service robotics. In addition, the advancements in self driving cars and artificial enabled social robots will have a potential market across the globe. Robots are expected to play a key role throughout the retail value chain including both front-end and back-end operations with the integration of big data and analytics and cloud computing, Pervasive Computing, and artificial intelligence. Several social robots are expected to hit the market in 2018-2019 with the advanced technologies and capabilities to help humans of different age groups from kids to elderly assistance. In January 2018, Paaila Technology (Nepal) launched waiter robot, a smart, reliable and autonomous robot to take valued customers' food order from kitchen to table. The company also plans to launch Room Service Robot in February 2018. In January 2018, Aflac Incorporated (US) unveiled a smart robotic companion, “My Special Aflac Duck” for children who have cancers. In January at CES 2018, Aeolus Robotics launched the Aeolus Robot, a multifunctional in-home robot powered by artificial intelligence (AI) and machine learning. FoldiMate, Inc. (US) is expected to ship the improved model of robotic laundry folding machine for home use by late 2019. North America has been dominating the market for service robotics and is expected to continue to account for the major market through 2023, followed by Europe. Technological advancements and new product developments have accounted for the major driving factor for North American market to hold the largest market share among all regions. Moreover, the presence of major players such as Amazon.Com, Inc. (U.S.), Bluefin Robotics (U.S.), iRobot Corporation (US), Google, Inc. (U.S.), Adept Technology, Inc. (U.S.), GeckoSystems Intl. Corp. (U.S.) and Northrop Grumman Corporation (U.S.) in the North American region also contribute significantly toward the growth of this market. Some of the major companies dominating the service robotics market include KUKA AG (Germany), Bluefin Robotics (US), iRobot Corporation (US), Adept Technology, Inc. (US), Northrop Grumman Corporation (US), GeckoSystems Intl. Corp. (US), ECA Group (France), and Honda Motor Co., Ltd. (Japan). ...

 3/6/2018 |  Semiconductors

Wearable Medical Devices Market By Type (Activity Monitors, Smart Watches, Smart Clothing, Patches), Distribution Channel (Pharmacies, Online Channel, Hypermarkets) Device Type [Diagnostic & Monitoring Devices, Vital Signs Monitoring Devices (Heart Rate Monitors, Pulse Oximeters, Blood Pressure Monitors) - Global Market Trends & Forecasts Upto 2025

The global wearable medical devices market is estimated to reach 14.6 Billion by 2023 from $ 5.5 Billion in 2017, at a CAGR of 18.5% during the forecast period during the forecast period of 2018-2023. The market for wearable medical devices is expected to attain a considerably high growth in coming years as their impact is not merely limited to the usual customer uses, like activity tracking and smart watches but are extended deep into medical applications. A majority of successful wearable devices are the ones that are designed to aid diagnosis, monitoring, and treatment of specific medical conditions that the smartphone apps are unable to address. Unlike health apps or conventional wearables that merely track the number of calories burned by the user, medical wearables are designed to address a range of specific medical conditions like chronic obstructive pulmonary disease, asthma, heart arrhythmia, pain management, breast cancer, and various other ailments. Instead of just tracking data on smart phone, medical wearables allow the medical personnel to compile relevant data and offer diagnosis, aid patient management, and help research studies. This is one of the key drivers of this market. Additionally, the growing prevalence of diseases that requiring continuous monitoring is another major trend that is responsible for propelling the market for wearable medical device market. Some of the specific areas like patient monitoring, home healthcare, and health and fitness are key factors responsible for this trend. Furthermore, technological advancements and appealing product features like smartphone connectivity coupled with the increasing smart phone penetration and growth in the healthcare smart phone apps are also likely to drive the adoption of wearable medical devices. Moreover, there is an increasing requirement for self-health monitoring and preventive medicine owing to the projected exponential increase in the geriatric population. Recent advancements in these technologies have the capability to reduce the overall costs for prevention and monitoring. This is possible by constantly monitoring health indicators in various areas, which is easily achievable through the use of wearable medical devices. Moreover, to structure the medical Internet of Things, these wearable devices now have been efficiently integrated with telemedicine and telehealth. All these factors are collectively responsible for driving the growth of this market However, some of the major restraining factors in this market include the complexity involved in their designing and development process, their high cost and regulatory obstacles. The stringent safety and accuracy standards that these devices need to meet is a key factor responsible for the current limited adoption of these devices. Regulatory obstacles, compliance issues, and the insurance reimbursement must all be considered when anticipating the broader use of medical-grade wearable devices. Moreover, the accuracy of popular wellness trackers is highly debated and these wearable medical products need to be validation and approval from the U.S. Food and Drug Administration and ISO standards, where the accuracy and reliability is strictly monitored. Moreover, these devices present certain limitations, as most of these are not suitable for the medical monitoring of high risk patients. In-spite of these limitations, the perceived benefits successful products which are yet to be launched will drive the market to nearly $ 5.5 billion. The segments are categorized by type (activity monitors, smartwatches, smart clothing, patches), distribution channel (pharmacies, online channel, hypermarkets) by device type [diagnostic & monitoring devices, vital signs monitoring devices (heart rate monitors, pulse oximeters, blood pressure monitors, glucose monitoring devices, sleep monitoring devices, fetal monitoring & obstetric devices, neuromonitoring devices), therapeutic devices (pain management devices, rehabilitation devices, respiratory therapy devices, insulin pumps], by application (sports & fitness, remote patient monitoring, home healthcare) Some of the key answers the study intends to provide are- • Why activity monitors segment is expected to grow at a faster rate? • What are the impacts of the regulatory scenario? • Which companies having an edge? • Why sports and fitness segment is expected to grow at a higher growth rate? • What are the latest technology trends? • Survey on “Customer Preference on wearable medical devices”. Some of the major players dominating the market are Philips, Garmin, Lifewatch, Omron, Drägerwerk, Nokia Technologies, Jawbone, Polar Electro, World Global Network [Wor(L)D], Activeinsights, Vitalconnect, Xiaomi, Misfit and Monica Healthcare. ...

 3/6/2018 |  Healthcare

Ceramic Sanitary Ware Market By Technology (Slip casting, Tape casting, Pressure Casting), Type (Washbasins, Water Closets, Cisterns, Pedestal, Bidets, Urinals), Application (Commercial, Residential)-Global Market Trends & Industry Forecasts Upto 2025

The global ceramic sanitary ware market was valued at $ 41 billion in 2018 and is expected to reach grow at a CAGR of 9.8% reach $ 60 billion by 2023. The factors favoring the market growth are increase in middle class income group, rising disposable, changing lifestyle, government initiatives for hygiene and sanitation in developing regions. By technology, the ceramic sanitary ware market has been classified as slip casting, tape casting, pressure casting and others. Slip casting captured the largest share in 2017 as it offers slip casting will capture the largest share it has advantages such as that complex geometries is shaped easily, universal technology which fits in every design and every clay. By type, the ceramic sanitary ware market has been classified into washbasins, water closets, cisterns, pedestal, bidets, and urinals. In 2017, wash basins captured the largest share as wash basin installation is essential in every residential and commercial construction. In 2017, the market for ceramic sanitary ware market has been dominated by the Asia-Pacific region, followed by Europe and North America. Asia-Pacific captured the major market share of the worldwide market for ceramic sanitary ware in 2017 and is expected to continue to be the major market through 2023. In terms of countries, five countries, including China, India, Brazil, Egypt and Turkey will experience high growth in the ceramic sanitary ware market in 2017. This market is driven by the considerable investments in ceramic sanitary ware for new production capacities in the emerging markets and also significant investments in modernization of production facilities in major producing countries. Companies have been focusing on launching new products in this market. Some of the major companies dominating the ceramic sanitaryware market include TOTO (Japan), American Standard, Grohe, and Roca Sanitario SA, Tangshan Huida Ceramics Group, Arrow Ceramics Co. Ltd, Foshan EAGO Sanitaryware Co. Ltd, and Chongqing Swell Ceramic Industry Group, Kohler Group, Roca Sanitario SA, Inax , Duravit AG, Kita-Kyushu, RAK Ceramics, Eczacibasi Holding Co., Ceramica Althea, Villeroy & Boch , and Sanitec , Duratex , Corona Group, Cisa Holdings, Ferrum S.A. De Ceramica Y Metalurgia, and Hervy Sanitary ware and Others. ...

 3/6/2018 |  Chemicals & Materials

3D Printing Market in Aerospace and Consumer Electronics Market -Global Industry Trends & Forecasts Upto 2025

3D printing technology is mainly used by consumer electronic industry. 3D Printing technology has started switching manufacturing industry in new dimension. The manufacturing industry could design complex components, with the help of 3D printing. The manufacturers are able to improve their supply chains, light-weight product components and design minute, with the help of the 3D technology. 3D Printing Market in Aerospace and Consumer Electronics market is expected to grow at a CAGR of 26% during the forecast period 2017–2023. The report consumes 3D printing market in aerospace and consumer electronics market in terms of trends, regions and vendor assessments on the basis of technology, R&D spending, and product offerings. The popular 3D printing materials are rubber, plastic, wax, ceramics and metals. Metals are said to be one of the fastest growing 3D printing materials, whereas plastic is currently dominating the global 3D printing materials market. Metal alloys are more preferred by the aerospace industry whereas plastics and wax are being preferred by the consumer electronics. Americas and Europe are currently dominating the market. It is expected that in the near future, Asia Pacific will be the key 3D printing regions. Singapore, India, and Japan will also be the key countries in the region. Rising Public Private Partnerships (PPPs), less raw material costs and increased investments in R&D in developing countries are helping the 3D printing market in aerospace and consumer electronics markets. The major players included in this report are 3D Systems, Aerojet Rocket Dyne, Airbus, Boeing, GE Aviation, HP Development Company, Rolls-Royce, and Airbus. This report offers major trends, industry trends which is going to play a major role in 3D printing market during the forecasted year. Moreover, this report can also tailored as per the requirement by the users, and also available with deeper segmentation by regions, countries, verticals, and vendor profiling. ...

 3/6/2018 |  Aerospace

Adhesives & Sealants Market by Type (Hotmelt, Polymer Dispersion, Reactive adhesives, Water Soluble Polymers), By Application (Construction, Transportation, Consumer and Others)- Global Market Trends and Industry Forecasts Upto 2023

The total adhesives & sealants market is expected to reach 70 billion by the end of 2023 growing at a CAGR of 5.5% from 2018-2023. The major factors contributing towards the growth are use of adhesives & sealants in various applications, continuous R&D to develop new products, and increasing automotive production are some of the factors driving the adhesives & sealants market. Asia-Pacific region has been dominating the adhesives & sealants market in 2018 and is expected to continue to account for the major market through 2023, followed by Europe and North America. China will continue to capture the largest share in the next five years mainly due to high demand of adhesives & sealants from construction, healthcare, automotive, and consumer products. The various applications of adhesives are paper, board & related products transportation, footwear, consumer, building and construction, woodworking and others. The various applications of sealants covered in this market are construction, transportation, consumers, assembly, and others Companies are adopting various strategies by creating competitive advantage by capturing new technologies, and leverage more and more customized products to cater various industry segments. For instance, in 2017, Ashland has developed two innovative pressure sensitive adhesives for various demanding application such as foil tape and medical applications. Some of the major companies in the North America market are 3M, Ashland Chemical, BASF, Bemis (MACtac), Bostik, Chemence, Craig Adhesives and Coatings, Dow Automotive, Dow Corning, Franklin International, H.B. Fuller, Henkel Corporation and others. We have covered 40+ players from North American region. Similarly, various players from each region have studied individually. We have profiled around 300+ players in adhesives & sealants market globally. Report Highlights 1. We have analysed 50 countries for each type of adhesives & sealant 2. Each type of adhesive and sealant is further analysed by chemistry and industry 3. Detailed analysis of country wise growth drivers such as end use industry growth, macroeconomic and demographic indicators 4. More than 300+ producers of adhesive and sealants have been profiled in this report. Approximately 240 belong to China; capacity data for most of the players have been verified. Market share analysis across North America, Europe, APAC & Rest of the World Report Scope The research of adhesives and sealants market mainly focuses the 50 countries across North America, South America, Europe, Asia pacific and Rest of the World covering:  Adhesives & sealants market (2016, 2017 to 2022) by technology, chemistry and end use industry (country level analysis will be done for more than 50 countries across NA, WE, CEE, LatAm, APAC & MEA) Samples (Please note the samples are not exhaustive in nature) Brief Company Profile – Shandong Beifang Xiandai Chemical Industry Co. Ltd. Company Name: Shandong Beifang Xiandai Chemical Industry Company Limited Address: Xinchengzhuang, Tianqiao District, Jinan City Shangdong (250033) Director: Kong Lingsheng [<<img 13.png>>] ...

 3/6/2018 |  Chemicals & Materials

Emotion Analytics Market By Technology (Artificial Intelligence, Biometrics, 3D Modelling), By End User (Media & Entertainment, Retail, Healthcare, Financial Services, Others)- Global Industry Trends & Forecasts Upto 2025

The emotion analytics explicit person's verbal and non-verbal communications to understand the mood and attitude. In the connected world, people are inclined to express emotions, sentiments, and feelings via text/comments, emojis, likes, and dislikes. With the increase in the adoption of advance machine learning technologies many industry verticals are using & analyzing the human behavior across different industries such as enterprises, defense and aerospace, commercial, industrial among others. Biometrics is one of the technologies that is being vastly implemented by various organizations to secure their business operations. The emotion analytics data is used by the companies to create strategies that will improve their business, data collection, data classification, data analytics, and data visualization. Also, to identify customer's perception towards their products & services. The emotion analytics market is expected to grow at a CAGR of 80% during the forecast period 2017–2023. The emotion analytics market is driven by huge adoption of API & SDK applications due to the growing demand for providing effective options for customers based on emotion based applications. The major players included in this report are Microsoft, IBM, Retinad Virtual Reality, Neuromore, Imotions, Kairos, Beyond Verbal, Affectiva, Eyris and others. This report offers major trends, industry trends which is going to play a major role in emotion analytics market during the forecasted year. Moreover, this report can also tailored as per the requirement by the users, and also available with deeper segmentation by regions, countries, and vendor profiling. ...

 3/6/2018 |  ICT

Refrigerants Market Type (HCFC, HFC,HFO), By Application(Domestic, Industrial, Commercial, Transport, Portable, Single Split, Multi-Split, MAC, Chillers, Heat Pumps) – Global Market Trends & Forecasts upto 2023 

The global refrigerant market is estimated to be $ 15 billion and will grow at a CAGR of 4.7 and reach around $ 20 billion by 2023. The major factors contributing towards the growth of refrigerant market ban on use harmful fluorocarbon refrigerants. The uses of fluorocarbon refrigerants have had a severe indirect effect on the environment causing ozone depletion. The fluorocarbon refrigerants has very high global warming potential (GWP) and ozone depletion potential (ODP). The release of these refrigerants in the atmosphere is causing thinning of the ozone layer. Varios regulations such as Montreal protocol and the Kyoto protocol, EU F-gas phase down plan and many more are significantly are posing huge challenges to the refrigerant market Due to ban of CFC’S, HCFC’S and HFC’s the demand for green or natural refrigerants will high in the next five years. Various natural refrigerants such as ammonia, hydrocarbons, CO2, water and air have very global warming potential (GWP) and ozone depletion potential (ODP). Companies have undertaken green initiatives by switching to natural refrigerants. Coco-Cola are targeted to be 100% free from HFC free and use natural refrigerant CO2 in their new cold drink equipment’s by 2020. HFO refrigerants, or Hydrofluro-Olefins, are a new class of refrigerants which have very less global warming potential as compared to HFC alternatives. HFO ‐1234yf has very less GWP almost 335 times than its HFC alternatives. Companies such as Honeywell, DuPont have begun producing HFO refrigerants. The market has been classified on the basis of refrigerant types such as Fluorocarbons (CFC’s, HCFC’s, HFC’s and HFO’s), Inorganic refrigerants (Ammonia, Carbon Di-oxide and Water), Hydrocarbons (Iso-butane, Propane and others). Being traditional refrigerant, fluorocarbon continuous to dominate the market capturing the major share. On the basis of application, the market has been segmented into Air-conditioners and Refrigeration. The Air-conditioning segment captured the largest share in 2017 mainly due technological advancements, growing demand for window mounted room air conditioner, portable air conditioner in various applications. Asia-Pacific will capture the largest share in 2017 followed by Europe and North America. Asia-Pacific will continue to dominate the market mainly due to high consumption potential, increasing standard of living, increasing production capacities, and high economic growth rate. In Asia-Pacfic, some of the key players are Dongyue Group Co., Puyang Zhongwei Fine Chemical Co, Shandong Yuen Chemical Industry Co. Ltd, and Sinochem Group, Gujrat Fluorochemicals Ltd, Navin Fluorine International Ltd (India), and SRF Ltd; and Daikin (Japan). The market is highly regulated by various regulations such as F-Gas Regulation, MAC Directive, Ozone Depleting Substances, Kyoto Protocol, and Montreal Protocol , Significant New Alternative Policy (SNAP) by E.P.A, E.P.A : Proposal to ban HFC by 2016, Japan: Revised F-Gas law, China- FECO: First Catalogue of Recommended Substitutes for HCFCs, China: Room Air Conditioning Industry HCFC Phase-out Management Action Plan, Chile: New MEPS for domestic refrigeration by 2016 have been studied in-depth along with their impacts. Key innovative strategies such as new product launch, mergers and acquisitions, partnership agreements and have been adopted by the market leaders. In 2017, Daikin launched R-407H refrigerant, which has around 62%*1 lower global warming potential (GWP) as compared to R-404A. The major players in this market are Daikin Industries, SRF Limited, Air-Liquide, Linde Gas, Sinochem Group, Gujarat Flurochemicals, Asahi Glass, Mexichem, Chemours, Honeywell International, Dongyue Group, and Harp International ...

 3/5/2018 |  Chemicals & Materials

IOT Managed Services Market By Type (Managed Security Services, Managed Device Services, Managed Network Services, Infrastructure), Vertical (Retail, Manufacturing, Healthcare, 5.5.

IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications, connectivity and a properly managed service is required to manage these in an effective way. Further, to run the IoT technologies successfully, a properly managed service in each layer of IoT ecosystem is required. IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more. The major drivers included in this report like digital technologies, government initiatives, changing business models, increased IT spending on security services, and many more. Additionally, the report providers a deep drive analysis to improve their current business approach by offering strategic intelligence about the competition. North America and Europe will continue to capture the largest share throughout 2023. Asia-Pacific region is expected to be an emerging market in the next five years mainly due to higher adoption of cloud computing, increasing investments in innovation & technology, and government initiatives supporting the IoT Managed Services. This report offers one of the major services which is going to play a major role in IoT market during the forecasted year. Moreover, this report can also tailored as per the requirement by the users, and also available with deeper segmentation by regions, countries, verticals, and vendor profiling. Some of the major players in this market are Oracle Corporation, Microsoft Corporation Accenture Plc, Google Inc., Apple Inc, SAP, Intel Security Group, IBM, Cisco Systems Inc, and Hewlett Packard Enterprise Co., Cisco Systems, HCL technologies, Wipro Limited, and Tech Mahindra. ...

 3/4/2018 |  ICT

Extruder Market By Type (Single Screw, Twin Screw, RAM), Application (Building & Construction, Consumer Goods, Transportation)- Global Industry Trends & Forecasts Upto 2025

The total extruders market is valued at $ 9.0 billion as on 2018 and is likely to reach $ 11.0 billion by the end of 2023, growing at a CAGR of 4.6% from 2018-2023. The key factor contributing towards the growth increasing demand from end-users segment such as building & construction and consumer products. The global extruders market is segmented on the basis of type, application, and regions. Based on the type, the extruders market is divided into single screw, twin screw and RAM extruders and others. In 2018, the single screw extruder accounted for the largest share in the extruders market. The single screw is the most popular type of extruder and its cheaper than others. On the basis of application, the global extruders market is divided into building & construction, consumer goods, transportation and others. In 2017, building & construction segment accounted for the largest share followed by the consumer goods. Growing popularity for green buildings in building & construction industry, measures takes to reduce CO2 emissions will drive the extruders market for building & construction application. Based on regions, the global extruders market is segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Asia-Pacific is the highest revenue generating region while along with the swiftest growth rate during the forecast period 2018-2023. During the forecast period, the global cloud robotics market is set to provide growth opportunities in Asia-Pacific especially in countries such as India and China. Companies are adopting various strategies such as geographical expansion, strategic acquisitions and new products launch targeting new application. The major companies in the extruders market include Coperion GMBH, The Japan Steel Works ltd., Toshiba Machine Co. Ltd., Kraussmaffei Group, Leistritz AG, Davis Standard LLC, Clextral, Milacron Holdings Corp, JSW, Royle Systems, Steer World, Omipa, Theysohn Group, Battenfield-Cincinnati, Jingyu Group, Bryer GMBH among others. ...

 3/3/2018 |  Chemicals & Materials