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The EEG Devices Market To Be Swept By Inorganic Growth (M&A, Partnerships, Joint Ventures, Etc.)

Persistence Market Research presents its latest offering entitled “EEG Devices Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

The use of electroencephalography (EEG) devices is gathering momentum around the world, owing to its proven clinical advantages over other brain imaging techniques for the diagnosis of various neurological disorders. Electroencephalography devices are the most promising devices used to measure and record electrical activities in the brain, which helps in the diagnosis of epilepsy, Parkinson’s disease, Alzheimer’s disease, and other neurological disorders.

Increase in the demand for high-quality EEG devices along with advances in technology have amplified the success of electroencephalography devices for the diagnosis of brain disorders. Electroencephalography devices have gained clinical significance on basis of their performance, such as measuring cognitive functions and seizure diagnosis through ambulatory EEG.

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Companies covered in Eeg Devices Market Report

  • Cadwell Laboratories Inc.
  • Nihon Kohden Corporation
  • Compumedics Limited
  • Natus Medical Incorporated
  • Neurosoft Ltd
  • Elekta AB
  • Electrical Geodesics Inc
  • NeuroWave Systems  Inc
  • EB Neuro S.p.A

High temporal resolution, low hardware cost, and powerful diagnostic tool for recording brain activity are factors that are surging the electroencephalography devices market. Moreover, high incidence of Alzheimer’s disease, epilepsy, dementia, multiple sclerosis, Parkinson’s disease, and stroke are factors expected to drive the electroencephalography market further through 2030.

The global electroencephalography devices market was valued at US$ 1.2 Bn in 2019, and is expected to exhibit a CAGR of nearly 7% during the forecast period (2020–2030).

Key Takeaways of Electroencephalography Devices Market Study

  • 32 Channel EEG has emerged as the largest segment by product, representing 25.9% of revenue share in the EEG devices market. This is attributed to technological advancements and high adoption by healthcare professionals.
  • The portable devices segment is expected to exhibit the highest CAGR during the forecast period. Major factor contributing to its growth is increasing focus of manufacturers on technological advancements such as portability, lightweight, and simultaneous raw data acquisition. Also, the rising demand for portable devices for clinical practice and outdoor investigation is projected to surge the segment even more over the coming years.
  • Diagnostic centers accounted for a major revenue share of 61%, owing to growing awareness regarding neurodegenerative disorders. This rising awareness among people leads to the demand for advanced EEG products for disease diagnosis and prevention.
  • Cumulatively, North America and Europe contribute more than 70% share in the global EEG devices market, with North America holding a noteworthy market share, and expected to progress at a CAGR of more than 7% during the forecast period.
  • Rising prevalence of various sleep and neurodegenerative disorders and accessibility to insurance are major factors contributing to this regional growth. Moreover, the presence of highly developed healthcare infrastructure and strong distribution and sales network of leading vendors in this region are anticipated to drive growth further.

“The global electroencephalography devices market increases in parallel with the increasing population suffering from neurological disorders. New technological developments in EEG devices with a wider range of applications, such as critical monitoring in neuro intensive care units, first aid assistance, and early diagnosis of neurodegenerative diseases, are propelling market growth,” says a PMR analyst.

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Acquisitions – Strategic Focus of EEG Device Manufacturers

Various players in the EEG devices market space are focusing on inorganic growth strategies such as acquisitions and partnerships. These activities have played a vital role in the expansion of business and customer base of market players.

For example, October 2018 Lifelines Neurodiagnostic Systems, Inc., a provider of neurodiagnostic equipment and services, completed the acquisition of Incereb Ltd. This acquisition is anticipated to help increase its market presence in developing markets and expand its product portfolio. These winning strategies by leading players are also being followed by regional and local players.

Impact of COVID-19 on Electroencephalography Devices Market

The outbreak of COVID-19 is having a dual impact on the EEG devices market. On the positive side, the demand for these devices rises from hospitals and clinics to monitor neurology-related complications in COVID-19 patients. However, factors such as disruption of the medical supply chain, halted productions, and limited workforce are playing adversaries to market growth.

For instance, The Nihon Kohden Group has production sites in Japan, the U.S., China, India, and Italy, and has temporarily suspended operations at most of these sites, but continues operating R&D and sales offices in Japan. Other major market players are in a similar state. Nevertheless, the demand for these devices amid such critical times and the need to provide effective treatment will overcome the aforementioned restraints.

More Valuable Insights on Electroencephalography (EEG) Devices Market

Persistence Market Research brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030.

The global electroencephalography devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on the EEG devices market on the basis of product (21 Channel EEG, 25 Channel EEG, 32 Channel EEG, 40 Channel EEG, 8 Channel EEG, and Multi-Channel EEG), modality (portable devices, standalone (fixed devices), and end user (hospitals and diagnostic centers), across seven major regions.

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Key Players In Endoscopes Market To Go On “New Product Launch” Spree To Gain A Competitive Edge

Persistence Market Research presents its latest offering entitled “Endoscopes Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

Endoscopes are gaining significant demand for arthroscopy, bronchoscopy, colonoscopy, and cystoscopy procedures. The shift toward minimally-invasive surgeries compared to open surgeries is likely to increase demand for endoscopes. Key stakeholders are introducing capsule endoscopes, robot-assisted endoscopes, and disposable endoscopes to overcome few drawbacks of conventional endoscopes.

For instance, in July 2015, Medrobotics Corporation received FDA clearance for its Flex® Robotic System for sale in the United States. Also, international medical device manufactures are concentrating on entering the capsule and robot-assisted endoscopes market. For example, Medtronic now holds a leading market share in the capsule endoscopes market after its acquisition of Given Imaging Ltd.

The global endoscopes market was valued at US$ 11.8 Bn in 2019, and is expected to witness a CAGR of 6% during the forecast period (2020–2030).

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Companies covered in Endoscopes Market Report

  • Medtronic Plc.
  • Olympus Corporation
  • KARL STORZ SE & Co. KG
  • Johnson & Johnson
  • Fujifilm Holdings Corporation
  • Richard Wolf GmbH
  • Braun Melsungen Ag
  • Stryker Corporation
  • PENTAX Medical
  • CONMED Corporation
  • Boston Scientific Corporation
  • Smith & Nephew PLC

Key Takeaways of Endoscopes Market Study

  • Flexible endoscopes occupied nearly 60% of value share in the endoscopes market in 2019, owing to increasing adoption over rigid endoscopes. Flexible endoscopes provide better safety, greater efficacy, and better accessibility to internal organs as compared to rigid endoscopes.
  • Gastrointestinal (GI) endoscopy accounted for the highest value share in the global endoscopes market, on the back of increasing annual gastrointestinal and colonoscopy procedures.
  • Bronchoscopy registered the highest growth rate owing to rising number of respiratory disorders and introduction of new endoscopy products for bronchoscopy.
  • Reusable endoscopes accounted for more than three-fourth of the value share in global endoscopes market. Moreover, the disposable segment registered a higher growth rate as compared to the reusable segment, with the growing demand for procedure-specific endoscopes and benefits of sterilization cost reduction.
  • Hospitals hold a major share in the global endoscopes market, owing to large-scale adoption of endoscopic surgeries and favorable reimbursement policies for patients who visit hospitals as compared to outpatient centers.
  • North America holds a prominent revenue share in the global endoscopes market, as a higher number of endoscopic surgeries as performed each year in the country.

“Growing gastrointestinal and colorectal cancer cases and higher acceptance of minimally-invasive procedures are likely to pace up market growth. Demand for endoscopes will continue to pick pace with the introduction of new technologies for accurate visualization,” says a PMR analyst.

COVID-19 Impact on Endoscopes Market

The COVID-19 outbreak is asserting players in the endoscope market to restructure their working methods to suit drastic market changes. With governments implementing strict norms on physical movements and emphasis on social distancing, production is being significantly affected. Furthermore, shortage of manpower and travel restrictions are disrupting the supply chain, thereby affecting the overall workflow of the market. However, endoscopes, being an essential commodity in the healthcare industry, are likely to overcome these shortcomings caused by the pandemic.

On the back of persistent demand for endoscopes from healthcare institutions to detect cardiovascular diseases – which continue to cause a significant number of deaths all over the globe – the endoscopes market is likely to mitigate heavy damage. On this premise, Cook Medical, a prominent endoscopes manufacturer, stated that, it’s keeping production running with the available workforce and ensuring that the supply of essential devices is unhindered.

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Product Portfolio Expansion and Distribution Partnerships – Key Strategies of Leading Manufacturers

Endoscope manufacturers are focusing on product portfolio expansion through partnerships and new product launches. For instance, in May 2018, FUJIFILM Holdings Corporation launched the EB-530P Slim Video Bronchoscope and Radial Probe EBUS System (PB2020-M).

Moreover, manufacturers are moving toward distribution agreements and partnerships to expand their presence in the global market. For example, in June 2018, CapsoVision announced a U.S. distribution partnership with Pentax Medical for capsule endoscopy solutions – CapsoCam Plus and CapsoCloud – across the country.

More Valuable Insights on Endoscopes Market

Persistence Market Research offers a unique perspective and actionable insights on endoscopes in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030, on the basis of product (rigid endoscopes, flexible endoscopes, capsule endoscopes, and robot-assisted endoscopes), application (gastrointestinal (GI) endoscopy, laparoscopy, arthroscopy, obstetrics/gynecology endoscopy, urology endoscopy (cystoscopy), ENT endoscopy, bronchoscopy, mediastinoscopy, and others), usability (reusable and disposable), and end user (hospitals, ambulatory surgery centers, and specialty clinics), across seven major regions.

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Growing Sales Of To Drive The Animal Drug Compounding Market

Persistence Market Research presents its latest offering entitled “Animal Drug Compounding Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

Global demand for animal drug compounding is expected to significantly increase, owing to the unavailability of FDA-approved animal drugs. Compounded prescriptions for animal species are considered to be significantly higher than those for branded prescription drugs.

For instance, in 2017, the U.S. FDA estimated that, 75,000 pharmacies in the U.S. fill 6,350,000 animal compounding prescriptions.

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Company Profiles 

  • Hoye’s Pharmacy
  • Vertisis Custom Pharmacy
  • Smith Caldwell Drug Store
  • Sixth Avenue Medical Pharmacy
  • Dougherty’s Pharmacy
  • Triangle Compounding Pharmacy Inc.
  • Medisca Inc.
  • Wedgewood Pharmacy
  • Millers Pharmacy
  • Chiron Compounding Pharmacy
  • MEDS Canadian Compounding Pharmacy
  • Aurora Compounding
  • Pace Pharmacy
  • Victoria Compounding Pharmacy
  • Pratt’s Compounding Pharmacy
  • People’s Choice Pharmacy

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Persistence Market Research predicts that, the global animal drug compounding market would be valued at US$ 1.5 Bn in 2019, and will expand at an 8% CAGR over the forecast period (2019-2029).

Key Takeaways of Animal Drug Compounding Market Study

Hormonal drugs, manipulating the emotions and moods of pets, are expected to gain traction during the forecast period.

Increasing adoption of companion animals is expected to contribute to significant dominance of the segment during the forecast period.

Orally formulation of drugs is expected to hold more than 80% of the global animal drug compounding market share by the end of 2029.

In terms of formulation, the injectable segment is expected to grow 1.6X by the end of 2029.

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Leading medical & pharmaceutical companies are collaborating with small compounding solution providers, hospitals, and research facilities to strengthen their market position.

North America is expected to dominate the global animal drug compounding market, owing to increasing adoption of compounded medication with alternate dosage forms and added flavors.

“Unavailability of generic medications for animals in desired dosage forms is pushing the production of compounded drugs, thus driving the growth of the animal drug compounding market during the forecast period”, says a PMR analyst.

CNS Drugs Dominating Animal Drug Compounding Market

Central nervous system inflammation is the most common cause of neurological disorders in dogs and cats. Abnormal limb coordination, seizures, behavioural changes, and blindness are cited as the most common abnormalities in dogs and cats with central nervous system inflammation.

For instance, according to the International Journal of Pharmaceutical Compounding, central nervous system drugs were the most commonly dispensed medications from animal drug compounding pharmacies with approximately 39% of the total veterinary prescriptions.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the animal drug compounding market in its latest study, presenting historical demand assessment from 2014-2018 and projections from 2019-2029, on the basis of product type (CNS agents, anti-infective agents, hormones and substitutes, anti-inflammatory agents, others), animal type (companion animals and livestock), formulation (oral, injectable, and others), across seven key regions.

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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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NY 10007 United States
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Extensive Research Driving The Multiplex Detection Immunoassay Market

Persistence Market Research presents its latest offering entitled “Multiplex Detection Immunoassay Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

The global multiplex detection immunoassay market is set to be valued at over US$ 2 Bn by 2019 end, with the market expected to exhibit a healthy CAGR during the forecast period (2019 – 2029). Rapid, low sample consumption, and cost-effective are features offered by lab-on-chip technology, which is propelling the multiplex detection immunoassay market to new heights.

Several multiplex detection immunoassay products with lab-on-chip technology are currently available in the market for quantitative test of thyroid disorders. For instance, 3D microfluidic chips are used in multiplex bioassays for environmental, clinical and biomedical applications.

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Company Profiles

  • Bio-Rad Laboratories Inc.
  • Thermo Fisher Scientific
  • EMD Millipore (Merck KGaA.
  • Becton, Dickinson and Company.
  • Microsynth AG
  • Quansys Biosciences Inc
  • QIAGEN N.V.
  • F. Hoffmann-La Roche Ltd.
  • Danaher Corporation.
  • Luminex Corporation

Key Takeaways – Multiplex Detection Immunoassay Market Study

  • Minimum quantification and reduced overall reaction time are expected to boost the demand for planar-based multiplex detection immunoassay 2X during the forecast period
  • Among the technique type, protein-based is anticipated to hold large chunk of the multiplex detection immunoassay market
  • Owing to increasing focus on disease predisposition and drug efficacy studies, research and development is expected to gain significant market share in the multiplex detection immunoassay market
  • North America is expected to be significant revenue generator in the multiplex detection immunoassay market owing to emergence of several regional market players and well-developed healthcare infrastructure
  • In terms of end user, pharmaceutical companies are expected to dominate the multiplex detection immunoassay market in terms of revenue

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Increasing adoption of multiplex detection immunoassay over conventional ELISA as well as technological advancement such as second generation multiplex immunoassay have boosted growth of the multiplex detection immunoassay market.

Increasing Focus on Nanoarrays to Spur Multiplex Detection Immunoassay Market Growth

One of the key factors observed to impact the multiplex detection immunoassay market growth is the development of new and innovative arrays such as Nano arrays. During the last few years, planar-based multiplex detection immunoassay has emerged as a preferred method for clinical diagnosis as well as food contamination detection.

The significant development in nanosciences has taken nano multiplex detection immunoassay arrays to next level, representing ultra-miniaturized version of conventional microarray.

With the development of advanced nano array technology, drug screening process has become more rapid and time effective. These nanoarrays are also being used in the field of proteomics, as these require small amount of sample.

For instance, BioForce Nanosciences launched BioForce NanoArray on which 1,500 different analytes can be measured. Thus, the development of nano multiplex detection immunoassay arrays are anticipated to favor growth of the multiplex detection immunoassay market.

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Know More About the Report

The multiplex detection immunoassay market, a new study from Persistence Market Research, provides unparalleled insights on evolution of the multiplex detection immunoassay market during 2014 – 2018 and presents demand projections during 2019 – 2029 on the basis of assay type (planar assay, and bead-based assay), technique (nucleic acid-based technique, protein-based technique, and biosensor-based technique), application (disease testing, food contamination testing, research and development, and veterinary disease testing), and end user (pharmaceutical companies, clinical research organizations, food & beverage companies, academic research institutes, diagnostic centers, and biotechnology companies) across prominent regions ( North America, Latin America, Europe, South Asia, East Asia, Oceania and MEA).

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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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Persistence Market Research
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Commercial Refrigeration Equipment Market By Size | Growth | Analysis | Trends And Forecasts 2026

Commercial refrigeration equipment are used in restaurants, supermarkets, convenience stores, etc. New technologies and regulations are leading to the development of commercial refrigeration with energy efficiency that has a very low impact on the environment. Self-contained and remote condensing, among these, food service establishments are increasingly using commercial refrigeration equipment that are self-contained.

Because the self-contained refrigerators have a system combined into a single physical unit. Meanwhile, refrigerators that are remote condensed are witnessing increased demand from the supermarket.

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As refrigeration systems used by grocery stores and stores are expensive. Moreover, in case of sudden breakdown, there is a considerable risk to the inventory. Hence, companies are working on introducing eco-friendly refrigeration system with the feature to save power, thereby, saving the cost on initial investment and power.

Energy management strategies by food-service providers and supermarkets are resulting in the purchase of energy star products. Hence, manufacturers are also focusing on introducing new technologies in commercial refrigeration equipment to minimize the energy consumed by the equipment.

Anti-short cycling, automatic temperature control and automated defrost are some of the features being included in the commercial refrigeration equipment. Moreover, refrigerator equipment replacement and retrofit are also taking place on a large scale in the global commercial refrigeration equipment market.

As per the study by Persistence Market Research (PMR), the global market for commercial refrigeration equipment is anticipated to see a steady growth during 2017-2026. The global commercial refrigeration equipment market is also likely to exceed the value of US$ 45,000 Million revenue by 2026 end. 2017-2026.

Refrigerator and Freezer to Witness Highest Sales in the Global Market for Commercial Refrigeration Equipment

Based on the product type, refrigerator and freezer are likely to account for the highest sales during the forecast period. By 2026 end, refrigerator and freezer are projected to surpass US$ 13,000 Million in terms of revenue.

On the basis of application, commercial refrigeration equipment is anticipated to find the largest application in food service. Towards the end of 2026, food service is projected to reach close to US$ 14,000 Million revenue. Meanwhile, food and beverage retail is also likely to witness an impressive growth in the global commercial refrigeration equipment market.

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North America to Witness the Highest Growth in the Global Market for Commercial Refrigeration Equipment

Between 2017 and 2026, North America followed by Asia Pacific Excluding China (APEC) is likely to witness significant growth, North America by the end of 2026 is projected to exceed US$ 12,000 Million in terms of value.

The commercial refrigeration industry in North America sees CO2 as a mainstream technology in refrigeration. Manufacturers of commercial refrigeration equipment in the U.S. are involved in some type of CO2 project. Moreover, the biggest reason behind choosing CO2 is to achieve the corporate sustainability goal. Meanwhile, increasing development of retail stores and supermarkets in Asia Pacific is also driving the demand for commercial refrigeration equipment.

Company Profiles

  • Standex International Corporation
  • Lennox International Inc.
  • Daikin Industries, Ltd.
  • Illinois Tool Works Inc.
  • AHT Cooling Systems GmbH
  • Whirlpool Corporation
  • United Technologies Corporation
  • Manitowoc Company, Inc.
  • Panasonic Corporation
  • Qingdao Haier Co. Ltd.
  • Fujimak Corporation
  • Hoshizaki Corporation
  • Electrolux AB
  • Dover Corporation
  • Ingersoll-Rand PLC

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Bauxite Mining Market By Competitors, Type, Product, Region And Application 2026

PMR has released a new market study on “Bauxite Mining Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026”, which does a deep dive analysis of the global Bauxite Mining market for the next eight years. The report evaluates all key macroeconomic factors. The report on Bauxite Mining market also discusses the dynamics in the global Bauxite Mining market and also analyses the latest trends and opportunities across the value chain of the Bauxite Mining market.

The global Bauxite Mining market is estimated to have been valued at US$ 12,423.8 Mn in 2018 and is projected to grow at a value CAGR of 6.6% and reach a value of US$ 20,661.9 Mn by the end of 2026. Moreover, the global market is anticipated to create total incremental $ opportunity of US$ 8,238.1 Mn between 2018 & 2026.

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Bauxite Mining Market: Overview

Bauxite is a rock with high aluminum content. It is the primary ore from which aluminum is extracted. Bauxite is one of the most abundant elements on earth. It contains nearly 25%-30% of alumina. Bauxite is generally found in the belt around the equator.

It occurs mostly in tropical & subtropical regions, in horizontal layers beneath a few meters of the overburden. Bauxite is a mixture of aluminum hydroxides, clay minerals, hydrous aluminum oxides and insoluble materials, such as hematite, magnetite, quartz, goethite and siderite. Aluminum minerals in Bauxite include gibbsite Al(OH)3, diaspore, AlO(OH) and boehmite AlO(OH).

Furthermore, in the global market of Bauxite Mining, some of the top Bauxite Mining countries are Australia, China, Guinea, Brazil & India. These countries are the top 5 Bauxite Mining countries and held 86.2% share in the total production of Bauxite globally in 2017. Similarly, the top 5 Bauxite consuming countries are China, Brazil, Australia, India & Russia. These countries held 81% share in total Bauxite consumption in 2017.

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Bauxite Mining Market: Dynamics Influencing Growth

The global primary aluminum production increased by 5.8% in 2017. The outlook for the aluminum industry continues to be positive in spite of the ongoing political uncertainty due to various political stances, such as import tariffs by the U.S. on aluminum, Brexit and concerns that China, as the world’s leading producer of aluminium and its semi-finished products, might increase its exports to the European markets.

Bauxite is the key aluminium containing ore with more than 35% to 40% of aluminium content. Thus, due to increasing primary aluminum production, demand for Bauxite is expected to rise significantly in future.

However, Bauxite Mining has a direct impact on nature and surroundings. Air pollution, water pollution and soil & food contamination are the major after-effects of Bauxite Mining.

Bauxite Mining Market: Forecast

By region, China is projected to dominate the Bauxite Mining market in terms of consumption. Moreover, China is the world’s largest producer of aluminium products across the globe. This also makes the region the most important consumer of Bauxite and alumina, both of which are required for the manufacturing of aluminium products. The country is projected to grow at a prominent CAGR of 6.4% during the forecast period and is also expected to maintain its dominance throughout the forecast period.

By application, in terms of value & volume both, the production of alumina segment is expected to dominate the global Bauxite Mining market throughout the projected period. The alumina application segment in the Bauxite Mining market is projected to create incremental $ opportunity worth US$ 7,845.5 Mn between 2018 & 2026

Company Profiles

  • Alcoa Corporation
  • Rio Tinto Plc
  • National Aluminium Company Limited
  • Australian Bauxite Ltd.
  • Gujarat Mineral Development Corporation Ltd.
  • Norsk Hydro ASA
  • Metro Mining Ltd
  • ASHAPURA GROUP OF INDUSTRIES
  • The Aluminium Corporation of China
  • United Company Rusal PLC.

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Aminic Antioxidants Market By : Complete Analysis Of Key Players, Growth Rate, Opportunities, Challenges 2026

PMR delivers key insights on the global aminic antioxidants market in its revised report titled ‘Aminic Antioxidants Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026’. The long-term outlook on the global aminic antioxidants market is anticipated to remain positive with the market value expected to increase at a CAGR of 2.7% over the forecast period. On the basis of product type, diphenylamine is expected to remain a widely utilized aminic antioxidant throughout the forecast period.

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The consumption of aminic antioxidants around the globe is estimated to reach a value of US$ 1,500.4 Mn by the end of 2018, witnessing 2.6% Year-on-Year growth over 2017. Asia-Pacific, spearheaded by China, is anticipated to account for a significant share in the aminic antioxidants during over the forecast period. The South East Asia & Other APAC region is expected to grow at an above-average rate in the global aminic antioxidants market in the coming years.

Aminic Antioxidants Market: Factors Influencing Growth

Increasing preference of aminic antioxidants as alternatives for zinc dialkyldiphosphates is found to be a key factor assisting the aminic antioxidants market growth. Over the past few years, zinc dialkyldiphosphates have been utilized as additives in engine oil and lubricating oil, owing to their anti-oxidation and anti-wear properties.

However, in the recent past, various environmental regulations have enforced the reduction of phosphorous content in engine oils, which necessitates an increase in the level of aminic antioxidants in order to make up for the loss of ZDDP’s anti-oxidation capability.

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Instability in raw material supply and cost pressure are translating to an increase in the price of aminic antioxidants. In the recent past, raw material prices have witnessed an upward trend, along with the energy costs, which in turn has been affecting the overall cost of aminic antioxidants.

Investments in research and development activities in order to improve production processes and expansion of production capacities for aminic antioxidants are found to be the key trends identified in the aminic antioxidants market around the globe. For instance, recently, Songwon and BASF invested in the expansion of the production facilities for aminic antioxidants, particularly in Asia-Pacific.

Aminic Antioxidants Market: Forecast

Among the segments by product type, market insights suggest that the butyl/octyl diphenylamine segment is expected to account for a significant share of the overall diphenylamine in the global aminic antioxidants market.

The diphenylamine segment is pegged to be followed by phenyl-alpha-napthylamine and phenylene diamine segments. Diphenylamine possesses various advantages, which include suitability for inducing stabilization in automotive formulations such as automatic transmission fluids (ATF), passenger car motor oil, diesel engine oils and gear oils and excellent oxidation inhibition properties.

The China aminic antioxidants market is expected to register high consumption during the forecast period and is also expected to remain a high value market. The South East Asia and Other APAC region is expected to witness an above-average CAGR in the global aminic antioxidants market. In terms of market value, the top 5 countries in the global aminic antioxidants market are expected to create more than 3/5th of the overall incremental opportunity during the forecast period.

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Aminic Antioxidants Market: Competitive Landscape

Some of the market participants included in the report on the aminic antioxidants market are

  • Songwon
  • BASF SE
  • LANXESS
  • Addivant
  • Emerald Performance Materials LLC
  • Dorf Ketal
  • King Industries, Inc.
  • Jiyi Chemical Co., Ltd.
  • The Lubrizol Corporation
  • SOLTEX
  • Double Bond Chemical Ind., Co., Ltd.
  • Yasho Industries
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Isoparaffin Solvents Market Growth Forecast Analysis By Manufacturers, Regions, Type And Application 2026

Presumably crossing the valuation of US$ 160 million in 2019, the global revenue of isoparaffin solvents landscape is pegged to expand at a 3.8% year on year over 2018. According to the projection presented by a new intelligence study, Persistence Market Research expects the global consumption volume of isoparaffin solvents to cross 120,000 tons towards the end of 2019.

With over 35% market value share, C9-C11 remains the top selling product in isoparaffin solvents space. C12 is projected to be the second best selling product type, whereas C4-C8 continues to register moderate demand in coming years, as indicated by the report.

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Decently paced oil industry recovery resulting in the elevating oil production levels, and the subsequently rising oil refining capacity, are likely to sustain the demand for the consistent isoparaffin solvents supply in coming years. Besides industrial sector, personal care products and paints industry also raise decent demand for isoparaffin solvets at a global level.

Applications of Isoparaffin Solvents in Industrial Sector Translate into Maximum Revenue Generation

The PMR report forecasts maximum isoparaffin solvents consumption by the industrial sector for applications in industrial cleaning and metalworking, followed by other industries such as polymer, agrochemicals, and sealants and adhesives manufacturing.

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Elaborating on the same further, a senior market research analyst at the company says, “The industrial end use sector represents more than 1/5th share of the total market revenue, and the market is projected for a 4+% year on year revenue growth in 2019, in the industrial domain”. The analyst further adds, “Though industrial consumption of isoparaffin solvents indicate the highest incremental opportunity, the consumption volume registered by the polymerization industry is also significantly high. Polymerization holds more than 15% share in the isoparaffin solvents market value at present, followed by adhesives & sealants, and agrochemicals”.

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China Continues to Atop Regional Competition, SEA Countries Emerge Lucrative for Isoparaffin Solvents Suppliers

  • China remains the largest consumer market in isoparaffin solvents landscape, with a current share of more than 1/4th of the revenue.
  • Riding on the huge incremental opportunity forecast for Chinese market, the report foresees the report foresees the highest year on year revenue growth for the country in 2019, taking the regional market valuation beyond US$ 40 million.
  • Along with the neighboring South East Asian countries, Chinese market for isoparaffin solvents is reaping major benefits from the thriving petro-chemicals and automotive industries.
  • In addition, shifting of major manufacturing bases to developing Asian countries is likely to shape the consumption patterns of isoparaffin solvents in these markets.
  • Europe is also an important market for isoparaffin solvents, followed by North America, says the report.

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Partnerships with Global Brands and End Use Industries Is the Key Expansion Strategy of Regional Isoparaffin Solvents Manufacturers

Exxon Mobil Corporation, Idemitsu Kosan Co Ltd, and a few others constitute the key market players in the isoparaffin solvents marketplace that collectively account for more than 50% share of the total value at present.

Other important companies profiled in the report include

  • Exxon Mobil Corporation
  • Royal Dutch Shell plc.
  • Demits Kosan Co Ltd
  • Chevron Phillips Chemical Company
  • Total S.A.
  • Mehta Petro Refineries Limited
  • RB Products, Inc.
  • Maruzen Petrochemical CO.,LTD
  • Braskem
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N Heptane Market Market Growth By Top Companies, Region, Application, Driver, Trends & Forecasts 2026

Persistence Market Research’s market report titled ‘n-Heptane Market: Global Industry Analysis, 2013–2017 and Forecast, 2018–2026’ examines the n-Heptane market and offers essential market insights for the next eight years.

According to Persistence Market Research analysis, the global sales of n-Heptane is estimated to be valued at US$ 573.5 Mn by the end of 2018 and is expected to register a 5.4% CAGR over the period of 2018–2026. This report reveals the demand for n-Heptane and its break-up on the basis of different purity types and applications.

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n-Heptane Market: Dynamics

The global n-Heptane market is expected to witness significant growth, due to the rising demand from various end-use industries. The growing automotive industry and surge in construction across the globe have together escalated the demand for paints & coatings. The growth of the paints & coating industry is estimated to boost the n-Heptane market.

The increasing consumption of plastic & polymers for various applications has catalyzed the growth of the plastic & polymer industry, which in turn is surging the demand for n-Heptane in the global market. Increasing disposable income and growing standard of living have led to a rise in the consumption of electronic products, and the demand is expected to follow an upward trend over the assessment period. The growth of the electronic industry will have a positive impact on the n-Heptane market.

Growth of the pharmaceutical industry is also driving the demand for high purity n-Heptane. Also, the rising demand for n-Heptane from other end-use applications such as adhesives & sealants will have a positive impact on the n-Heptane market. Increasing regulations pertaining to aromatic solvents are positively impacting the growth of the n-Heptane market. Various regulatory bodies have declared n-Heptane as less toxic in comparison with n-Hexane, which has been fueling the demand for n-Heptane as a solvent.

Technological advancements have enhanced operational efficiency in plants, which in turn has increased the production n-Heptane – a positive sign for the n-Heptane market. Some of the key players in the n-Heptane market manufacture n-Heptane especially for fuel testing as a reference fuel.

n-Heptane Market: Segmentation Analysis

The global n-Heptane market has been segmented on the basis of purity type into <95%, 95–99% and ≥99%.

  • In terms of purity, the 95-99% segment is expected to dominate the global n-Heptane market. The 95-99% segment is estimated to witness significant growth due to the increasing demand from paints & coatings and polymer and plastic industries, among others
  • The ≥99% segment is expected to witness lucrative growth over the forecast period due to the rising demand from pharmaceutical and electronics industries
  • The <95% segment is expected to witness sluggish growth in comparison with other segments. N-Heptane with <95% purity is mainly used by local manufacturers for applications where purity is not an important criteria

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n-Heptane: Regional Market Projections

In terms of region/country, China is anticipated to dominate the global n-Heptane market throughout the forecast period. The China n-Heptane market is expected to expand at a CAGR of around 6.8% during the forecast period with the Asia Pacific Excluding Japan & China (APEJ&C) market registering a relatively higher CAGR during the forecast period.

Latin America is also expected to witness significant growth in the global n-Heptane market. North America & Europe n-Heptane markets are in matured stages and thus, are expected to witness slow growth over the forecast period.

Company Profile

  • Exxon Mobil Corporation
  • Royal Dutch Shell plc.
  • SK Global Chemical Co., Ltd.
  • Haltermann Carless Deutschland GmbH
  • Chevron Phillips Chemical Company
  • Sankyo Chemical Co. Ltd.
  • Hanwha Total Petrochemical Company Limited
  • DHC Solvent Chemie GmbH
  • Mehta Petro-Refineries Limited
  • Merck Millipore Limited
  • Gadiv Petrochemical Industries Ltd.
  • Chuzhou Runda Solvents Co.

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Smart Street Lightning Market poised to be valued at nearly US$ 4,300 Mn by the end of the year 2026

Smart street lighting systems consist of various features that make them reliable, environment friendly and efficient to use. Smart street lighting systems are energy efficient, predominantly using LED lighting and possess control units and sensors in all the lamps or group of lamp poles, in order to enable them to transmit data to the central controlling system, thereby facilitating two way communication.

In this manner, smart street lighting systems are able to transmit information such as which lamps have stopped emitting light so that they can be replaced. Other variables that can be monitored in a smart street lighting system include temperature, light, current, etc. thus transmitting real-time information to the centralized system, making the maintenance of street lighting systems easy to accomplish and also cheaper than routine maintenance. Another important feature of smart lighting systems is that these are environment friendly and reduce the emission of harmful greenhouse gases.

A new report prepared by Persistence Market Research titled ‘Smart Street Lighting Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ studies the performance of the global smart street lighting market over a nine year assessment period starting from the year 2017 and ending in the year 2026. The report presents the forecast by value of the global smart street lighting market and provides important information regarding the market dynamics operating in this market such as the drivers, restraints, opportunities and trends.

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As per the data provided by Persistence Market Research, the global smart street lighting market was estimated to be valued at nearly US$ 1,000 Mn at the end of the year 2017 and is slated to reach a valuation of nearly US$ 4,300 Mn at the end of the assessment period in 2026, and in the process exhibit a CAGR of 17.5% during 2017-2026.

smart street lighting market

Wired Connectivity Segment Largest in Terms of Revenue Share

The wired segment in the connectivity category of the global smart street lighting market is the largest in terms of value and is poised to exhibit a CAGR of 14.7% during the period of assessment. The wired segment is projected to reach a value of nearly US$ 2,600 Mn at the end of the period of assessment.

Traditional and Other Renewable Energy Segment by Energy Source to Lead in Terms of Revenue

The traditional and other renewable energy segment in the energy source category of the global smart street lighting system market is expected to exhibit a CAGR of 16.9% during the period of assessment. The traditional and other renewable energy segment was estimated to be valued at nearly US$ 960 Mn in the year 2017.

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LED Segment by Type Slated to Exhibit the Fastest Growth Rate

The LED segment in the type category of the global smart street lighting market is poised to exhibit the fastest CAGR of 21.3% during the period of assessment. The LED segment is forecasted to reach a market valuation of nearly US$ 2,700 Mn by 2026 end.

North America Smart Street Lighting Market to Emerge the Largest in Terms of Value Among Other Regional Markets

The smart street lighting market in North America is the largest in terms of revenue and is likely to exhibit a CAGR of 15.5% during the period of assessment. The North America regional market is likely to reach a valuation of nearly US$ 1,250 Mn by the end of the period of forecast in 2026.

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