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Showing posts from July, 2017

Drywall & Building Plasters Market to Expand US$ 65,004.8 Mn by 2025

Persistence Market Research in its latest report projects that the global drywall & building plasters market will expand at a CAGR of 5.4% during the forecast period (2017–2025) to reach a valuation of US$ 65,004.8 Mn. Lately, preference for drywall has increased to a significant level as compared with other construction materials such as cement concrete owing to its superior characteristics and ease of application, hence making it a suitable alternative. In 2016, global drywall & building plaster market stood at around US$ 40,624.6 Mn. The report titled “Drywall & Building Plaster Market Global Industry Trend Analysis 2012–2016 and Forecast, 2017–2025” projects that close to 14,202 million square meters of drywall is likely to be sold towards the end of 2025. Drywall & building plasters find widespread applications in new building constructions as well as in upgrade, maintenance and repair work of old residential & nonresidential structures. This, in tu...

Active Pharmaceutical Ingredient Market Going to Reach US$ 225.2 Bn by 2025

An active pharmaceutical ingredient is used in a finished pharmaceutical product (FPP), intended to carry certain pharmacological actions or otherwise have a direct effect in the diagnosis, cure, treatment, mitigation or prevention of various diseases, or in some cases in restoring, correcting or modifying human physiological functions. Sales of pharmaceutical ingredient are on the rise due to a substantial increase in high-potency API (HPAPI) and peptide API manufacturing. A new study conducted by Persistence Market Research reveals that the US$ 151.9 Bn global active pharmaceutical ingredient market will grow to US$ 158.3 Bn by 2017 end, reflecting a Y-o-Y growth rate of 4.2%. This market is estimated to further increase to US$ 225.2 Bn, expanding at a CAGR of 4.5% over the forecast period (2016–2025) PMR in its report, titled “Active Pharmaceutical Ingredient Market — Global Industry Analysis and Forecast, 2016–2025” has cited some of the key factors prompting the global...

Next Generation Centrifuge Market Projected to Reach US$ 1,380 Mn by 2025

Growing advancements in medical and clinical field has spread awareness about requirement for better healthcare system. Governments across the globe are making amendments in research & development, and diagnostic activities, and taking initiatives for developing access to care. These factors are expected to drive growth of the global next generation centrifuge market. Global next generation centrifuge market is projected to register 6.1% CAGR during the forecast period 2017 to 2025, according to a report by Persistence Market Research (PMR). The market is estimated to reach nearly US$ 1,380 Mn in revenues by 2025-end. PMR’s report projects North America to remain dominant in the global next generation centrifuge market, with revenues pegged to surpass US$ 500 Mn by 2025. Europe is estimated to be second-largest market for next generation centrifuge during the forecast period. This market growth in Europe is primarily attributed to factors such as growing number of life ...

Ventilation Equipment Market Appraised to Reach US$ 24,917.5 Mn in 2017

Long-term respiratory disorders coupled with premature deaths associated with increasing air pollution is a startling factor driving adoption of ventilation systems. Persistence Market Research (PMR), in its report, delivers key insights about global ventilation equipment market. In 2017, the global ventilation equipment market will reach US$ 24,917.5 Mn in revenues; by 2025 this number is estimated to reach nearly US$ 40,000 Mn, expanding at 5.5% CAGR. Air pollution levels have surged exponentially in the recent past, resulting into increased cases of asthma and chronic obstructive pulmonary disorders (COPD). According to World Health Organisation (WHO), over 3 Mn premature deaths are reported each year caused by respiratory conditions. In addition, according to Nature Journal particle sizes PM 2.5 and PM 10 present in the air are inhaled deep into lungs, leading to incidences of strokes and heart attacks. Ventilation equipment renders removal of air pollutants and particles, im...

Pressure Relief Devices Market Going to Reach US$ 3,600 Mn by 2025

Demand for pressure relief devices is on a surge in developing economies including Asia Pacific (APAC) and Middle East & Africa (MEA). With the advent of medical tourism in various APAC countries such as Vietnam Thailand, Malaysia, Indonesia, India, and Philippines, the market in this region is expected to witness considerable growth. Provision of after sales will be the key focus area of the global pressure relief devices market. Various global players have signed strategic partnerships & collaborations with regional players for offering sales and aftersales services in developing markets. Persistence Market Research (PMR), in its report, projects the global pressure relief devices market to register 5.3% CAGR during the forecast period 2017 to 2025. In 2016, the market was evaluated at revenues worth US$ 2,280.4 Mn; by 2025 this number is estimated to reach nearly US$ 3,600 Mn. According to a study by Hill-Rom, growing number of patients with hospital-acquired press...

IoT Analytics Market Will Amass US$ 19,415.1 Mn in 2017

Internet of things (IoT) analytics assists users in combining operative information with data and generation intelligent analytics. Adoption of IoT-based technologies is witnessing a surge owing to its benefits including better efficiency, reduced operation costs, and infrastructure optimization. Rapid growth in IoT-centric business application is fuelling demand for PaaS, aiding implementation of IoT to a large extent. Global internet of things (IoT) analytics market is projected to exhibit a staggering 16.2% CAGR during the forecast period 2017 to 2025, according to a report by Persistence Market Research (PMR). PMR’s report projects revenue from global IoT analytics market to increase from US$ 19,415.1 Mn in 2017 to surpass US$ 60,000 Mn by 2025-end. This growth is primarily attributed to continuous launching of IoT analytics offerings, coupled with emergence of niche players in the market. Software is anticipated to be the most attractive component of IoT analytics by 202...

Propylene Oxide Market to Reach US$ 13,328 Mn in 2017

 Persistence Market Research (PMR), in its report, projects the global propylene oxide market to account for revenues worth US$ 13,328 Mn in 2017. This number is expected to surpass US$ 20,000 Mn by 2025-end. The market is estimated to register 5.4% CAGR in terms of value. Increasing applications of propylene glycol as a construction chemical on the back of growing construction sector is expected to drive market growth.  Increasing demand for automotive products has driven considerable growth in automotive sector. Demand for Propylene oxide is on a surge for manufacturing various automotive products such as sealants, adhesives, flexible foams, and paints. Soaring urbanisation and surging production of automobiles have led to huge demand for some continuously adopted products such as carpets, mattresses, car seats and insulators. Such products utilize polyurethane which in turn requires propylene oxide as raw material. The aforementioned factors are expected to driv...

Face & Voice Biometrics Market Expected to Reach US$ 24 Bn by 2025

Increasing adoption of technology in homeland security continues to promote the need for face & voice biometrics at necessary checkpoints. Restricted access might be displeasing for investigations, but entry to only authorized personnel continues to be a great advantage for securing everything — from wealth to wisdom. Installing face & voice biometrics in corporate settings has been a common practice since its inception. Going forward, government offices and public places will also be equipped with face & voice biometrics, making them the most sought-after tech solution for controlling a secured access to facilities. Persistence Market Research concurs that by the end of 2025, the global market for face & voice biometrics will have reached a value of US$ 24 Bn. Factors as such will continue to promote the use of face & voice biometrics across the globe. In 2016, over US$ 4.5 Bn worth of face & voice biometric solutions were sold in the world. Persistence Mar...

Electronic Locks Market Growing at Value of US$ 3000 Mn by 2025

Persistence Market Research (PMR), in its report, projects the global electronic locks market to register an impressive 13.9% CAGR during the forecast period 2017 to 2025. Global revenue generated from sales of electronic locks was worth US$ 1,036.5 Mn in 2016; by 2025, this number is projected to surpass US$ 3000 Mn. Robust expansion of IT and BFSI sectors will create opportunities for digital door lock security solution providers across the globe. With advancements in technology, companies offering electronic lock solutions are focusing on innovation in North America. Adoption of electronic locks in this region has surged among public and private places such as shopping malls, metro platforms, gyms, and parking lots. These factors are driving growth of the market in North America. Electronic locks are gaining traction in Latin America with increasing application of access control systems in furniture locks, and residential & commercial buildings. Key market strategies...