Process Spectroscopy Industry Trends N'Golo Kante France Jersey , Analysis To 2022 by Grand View Research Inc. Business Articles | January 9, 2016
Grand View has announced the addition of "Process Spectroscopy Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
The global process spectroscopy market is expected to reach USD 1.27 billion by 2022, according to a new report by Grand View Research, Inc. Increasing government initiatives to heighten quality awareness on a global level is expected to contribute to revenue growth.
Technology development and price is anticipated to be the critical parameter affecting the industry. Popularity of portable or handheld technology products is anticipated to drive gains over the forecast period.
Process spectroscopy market is anticipated to witness growth owing to rising quality awareness among end-use industries. These instruments are used to analyze, monitor, and control process along with identifying defect at an early stage to avoid production delays. Increasing trend for reducing operation expenditure is anticipated to drive industry growth.
Industry participants are increasing adopting spectroscopy instruments to enhance their product quality and adhere to international quality standards such as ISO and Six Sigma. Companies such as Boeing Moussa Sissoko France Jersey , 3M, Hewlett Packard (HP), General Electric (GE), and Lockheed Martin have implemented Six Sigma to minimize error in manufacturing and gain operational effectiveness.
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Further key findings from the report suggest:
Near Infrared (NIR) accounted for over 60% of the revenue in 2014 and is expected to remain the key technology segment over the forecast period. Raman spectroscopy market is anticipated to show high potential. Products that can offer combined functionality of the available technologies are expected to gain popularity. Pharmaceutical is anticipated to be key end-use segment over the forecast period, with an estimated CAGR of over 8.0% from 2015 to 2022. The polymer application segment is anticipated to witness growth owing to high demand, stringent quality parameters Morgan Schneiderlin France Jersey , and availability of customized products. Pharmaceutical industry in the U.S. is anticipated to show increase in demand owing to Process Analysis Technology (PAT) initiative by the Food and Drug Administration (FDA). Asia Pacific process spectroscopy market is anticipated to show high growth potential owing to presence of fast growing nation such as Japan, China and India. “Make in India” initiative is anticipated to open new avenues for industry players. Key industry players include Thermo Fisher Scientific, Inc., Bruker Corporation, ABB Ltd, Danaher Corporation Mathieu Valbuena France Jersey , Agilent Technologies Inc., Foss AS, and Horiba Industries. Companies such as Bruker Corporation, ABB Ltd., Thermo Fisher Scientific, Inc. Mamadou Sakho France Jersey , and Agilent Technologies, Inc. are key players in the chemical application segment. In May 2012, Thermo Fisher Scientific introduced Nicolet iS50, which can initiate novel Raman, ATR, and NIR modules Lucas Digne France Jersey , without needing to manually change system components.
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Grand View Research has segmented the process spectroscopy market on the basis of technology, end-use and region:
Process Spectroscopy Technology Outlook (Revenue, USD Million, 2012 – 2022)
NIR FT-IR Raman
Process Spectroscopy End-Use Outlook (Revenue, USD Million, 2012 – 2022)
Polymer Oil and Gas Pharmaceutical Food and Agriculture Chemical Others
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Surfactants Market Driven By Development In Elastomers & Plastics Industries Till 2022 Business Articles | July 11, 2016
New Market Research Reports Title “Surfactants Market Analysis Size and Segment Forecasts to 2022” Has Been Added to Grand View Research Report Database
In 2014, the global?surfactant market?was worth USD 25.60 billion. Development of detergents market predominantly in Latin America and Asia Pacific as a result of rising disposable income levels is likely to drive market growth. Moreover Lassana Diarra France Jersey , growing oilfield chemicals demand on account of speedily growing E&P activities in China and North America is also expected to drive the global surfactants market.
Surfactants are used to diminish surface tension between a solid and a liquid or between two liquids in the form of emulsifiers, wetting agents, foaming agents, detergents or dispersants. They are used in numerous end-use industries for instance cosmetics, agrochemicals and pharmaceuticals. Constant progress in these sectors is projected to assist the major industry participants.
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Anioinic surfactants was the largest product type which accounted for over 45% of the market in 2014. Increasing demand for linear alkyl benzene in cleaners and detergents on account of profitable characteristics of products led to the high market share. Amphoteric surfactant type is projected to witness the highest growth rate, at an estimated CAGR of 4.9% from 2015 to 2022. Amphoteric surfactants are extensively being used worldwide owing to their various properties such as conditioning Kylian Mbappe France Jersey , bio degradability, foaming & foam stabilization and detergency.
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