Press Releases from Hexa Research (168 total)
Acetic Acid Market Research & Development | Industry Report, 2022
The global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015…
Digitally Printed Wallpaper Market Research & Development | Industry Report, 202 …
The global digitally printed wallpaper market is anticipated to reach USD 13.07 billion by 2025 from USD 2.33 billion in 2017 and is expected to register a CAGR of 24.01% from 2017 to 2025. Growing awareness of home decor market is expected to drive the market for the residential and nonresidential segments. Increased construction in the emerging economies, growth in the residential sector and increasing consumer desire for premium home…
Enhanced Oil Recovery (EOR) Market offshore segment is expected to grow at CAGR …
The global enhanced oil recovery (EOR) market size is estimated to reach USD 55.02 billion by 2025, fueled by the increasing demand for energy in a broad range of applications including manufacturing, infrastructure and utilities. Rising number of aged wells resulting in low oil output has paved the way for advanced technologies including EOR to achieve optimum production.
Keeping these driving factors in mind, companies are focusing on developing advanced technologies…
U.S. Organic Food Market Size and Share | Industry Report, 2025 | Hexa Research
The U.S. organic food market size is expected to reach USD 70.4 billion by 2025 as a result of increasing demand from consumers. Consumers in U.S. seek convenient purchasing options and organic food, which is now easily available, is gaining popularity. These food products are available in more than 20,000 natural food stores and conventional grocery stores across the country.
Over the past decade, organic food has witnessed significant growth. Sold…
Online Gambling Market Size and Share | Industry Report, 2024 | Hexa Research
The global online gambling market size is anticipated to reach USD 73.45 billion by 2024 owing to rising prevalence gambling across the globe. Technological advancements and addition of new regulations are expected to boost market demand over the forecast period. Furthermore, growing adoption of smartphones and tablets and easy access to online platforms are anticipated to drive the market.
Companies are focusing on developing mobile applications with secure money transfer facilities…
Global Guidewires Market to Project a Healthy CAGR from 2016 to 2024 | Hexa Rese …
Guidewires are flexible tubes used to guide a catheter to a diseased artery in the heart. They are used for the diagnosis of cardiovascular diseases. It will face huge demand due to the recent trend of minimally invasive procedures. Benefits of these procedures such as fast recovery, reduced hospital stay, and a painless surgical experience will favor the Guidewires Market.
The growing geriatric population and presence of prevalent coronary diseases are…
Food Additives Market to Hit USD 56 Billion Globally by 2024 | Hexa Research
The global Food Additives Market is anticipated to reach USD 56 billion by 2024. Rapid growth in the food & beverage industry in the Middle East and BRICS (Brazil, Russia, India, China, and South Africa)-as a result of growing domestic consumption and rising foreign direct investments-is projected to augment the market growth.
Increasing awareness about different types of tastes is also likely to act as an important growth driving factor.…
Global Craniomaxillofacial Devices Market is Anticipated to Surpass USD 1.71 Bil …
The global Craniomaxillofacial Devices Market value is expected to exceed USD 1.71 billion by 2024 growing at an estimated CAGR of over 6.7% from 2016 to 2024. Demand for minimal invasive procedures which can heal rapidly is the primary driving factor of the market. Awareness of these surgeries by ASCFS and ISCFS will facilitate in market growth. Bigger healthcare budget, use of 3D implants in reconstructive surgery, and growing geriatric…
Global Ultrasound Device Market to Project a CAGR of 6% from 2016 to 2024 | Hexa …
The global Ultrasound Device Market was worth USD 6.9 billion in 2015. It is projected to grow at a CAGR of 6% from 2016 to 2024 (forecast period). Chief market drivers are increasing incidences of chronic and hypertension related disorders.
Ultrasound technology is used to treat prostate cancer and kidney stones. It is the most preferred mode of fetal screening across the globe. Trials are underway to find novel applications like…
Wireless Charging Market is Projected to Grow at an Approximate CAGR of over 60% …
Wireless Charging Market is expected to grow beyond USD 20 billion by 2024. Elimination of cables allows clutter-free charging, which has impelled the consumption levels. Another growth driving factor for the global market includes the growing demands for smartphones, specifically in India, China, and South Korea. The rise in infrastructural development, digitization, and network communications has also driven the growth. Moreover, rising demands across the automotive industry on account of…
Tissue Engineering Market is Estimated to Surpass USD 94.7 billion by 2024 | Hex …
The global Tissue Engineering Market was valued to be around USD 23.2 billion in 2015 and further expected to exceed USD 94.7 billion at a growing of CAGR 23% over the foreseeable period. Growing needs to bridge the gap between organ demand & supply are expected to drive the industry demand in the near future. Growing popularity in a variety of sectors including urological products, neurology, burn treatment etc. is…
Synthetic Lubricants Market to Exhibit a CAGR of 2% from 2016 to 2024 | Hexa Res …
The Synthetic Lubricants Market is anticipated to register nearly 2 percent CAGR during 2016 to 2024 (forecast period). This signifies considerable market expansion in the same period. Growing end-users, such as industrial and automotives across developing nations, like China and India, should account for the same. These products are highly popular due to their favorable properties as against conventional lubricants.
Some of these properties include wear & tear protection and outstanding…
Squalene Market to Reach USD 271 Million by 2024 | Hexa Research
The global Squalene Market was valued at USD 112 million in 2015. It is expected to grow at a CAGR of around 10.3% and reach USD 271 million over the forecast period (2016 to 2024).
Squalene is used in a wide range of cosmetic and pharmaceutical products. It is known for its health and nutritional benefits like blood cell rejuvenation, and anti-carcinogen. The product reduces cholesterol and carcinogen levels, prevalence of…
Automotive HVAC Market to Surpass a CAGR of 8% from 2016 to 2024 | Hexa Research
The global Automotive HVAC Market (Heating, Ventilating, and Air Conditioning) was estimated at USD 12 billion in 2015 and is anticipated to grow at a CAGR of over 8 % over the forecast period (from 2016 to 2024). The growing production of the passenger vehicles along with the rising income levels is projected to augment the global market growth over the next few years.
Improved lifestyles and rising customer awareness about…
BDO-PTMEG-Spandex Market to Exhibit a CAGR of 5.0% Globally from 2016 to 2024 | …
The 1, 4-butanediol (BDO) Market stood around USD 4.1 billion in 2014. BDO is growingly used in drug formulations. The worldwide BDO-PTMEG-Spandex Market witnesses regulation from several agencies, with either financial or environmental guidelines. BDO has attracted many legislative policies & actions regarding its safe adoption.
THF is a key BDO derivative. It experiences catalyzed polymerization to produce polytetramethylene ether glycol (PTMEG). PTMEG refers to a wax-like white solid. It finds…
Kitchen Appliances Market to Project a Considerable CAGR from 2016 to 2024 | Hex …
The global Kitchen Appliances Market was estimated at around USD 179 billion in 2015. Energy and cost efficient products can gain revenue share due to government initiative to conserve electricity consumption.
Rise in fast-paced modern lifestyle, dual income households, growing preference for modular kitchen are expected to drive the demand of kitchen appliances. Moreover, rapid urbanization and product upgrade can also contribute to market growth.
Increasing electricity costs and government focus to…
Commercial Refrigeration Equipment Market to Cross USD 40.87 Billion by 2024 | H …
Global Commercial Refrigeration Equipment Market is projected to grow at a CAGR of 5.6% over the forecast period (2016 to 2024). By 2024, market revenues would exceed USD 40.87 billion. This may be attributed to changing food consumption patterns triggered by rapid industrialization and technological advancements.
Escalating intake of frozen foods spurs demand for refrigeration of food on a commercial scale. Innovative technology makes possible remote monitoring of products to check…
Industrial Air Filtration Market to Exhibit a CAGR of 6% Worldwide from 2016 to …
The Industrial Air Filtration Market should grow at nearly 6 percent CAGR during 2016 to 2024 (forecast period). This indicates decent market expansion in the near future. Eco-concerns and urbanization are predicted to be the key drivers of the market. Ecological policies regarding gas emissions will also propel market sales.
Safety policies and occupational regulations across different sectors can positively affect the market. Dust, fumes, & vapor across the industry of…
In Line Process Viscometer (ILPV) Market to Project a CAGR of 6.5% Globally Till …
The global In Line Process Viscometer (ILPV) Market would expand at about 6.5 percent CAGR during 2016 to 2024 (forecast period). It is likely to grow to USD 210.5 million by 2024. Escalating refining capacity worldwide owing to energy demand is the key market driver. ILPV offers real-time monitoring that assists manufacturers to check the quality of products. It also helps them meet regulatory policies.
Expansion across the food & beverages…
Global High Heat Foam Market Worth USD 14 Billion by 2024 | Hexa Research
Global High Heat Foam Market was worth USD 7.55 billion in 2015. It is expected to grow to USD 14 billion by 2024. This can be attributed to escalating demand from aerospace and automotive sectors. Developing countries like Brazil and India are lucrative markets for automotive and industrial applications of high heat foam.
Usage of foam insulation lowers energy wastage. This coupled with stringent environmental regulations is boosting its consumption across…
Home Infusion Therapy Market to Reach USD 28.5 Billion Globally by 2024 | Hexa R …
The worldwide Home Infusion Therapy Market is projected at USD 28.5 billion by 2024. It stood nearly USD 13.5 billion in 2015. This growth can be attributed to emphasis on ‘home infusion cost-containment’ as compared to ‘in-patient settings.’ Additionally, long-term savings for chronic ailments linked to the therapy should propel market sales in the forecast period (2016 to 2024).
The elderly, in general, are more prone to chronic illnesses and often…
Fencing Market is Anticipated to Grow at a CAGR of 5% from 2016 to 2024 | Hexa R …
The global Fencing Market was valued at around USD 24 billion in 2014. It is likely to grow at a CAGR of about 5% during the forecast period (2016 to 2024). Improvement & remodeling work, infrastructure development, and new housing constructions are anticipated to drive market growth in the coming years.
Increase in safety & security concerns, commercial construction, and transportation construction are expected to impel market growth. Augment in government…
Global Allantoin Market to Exceed USD 641.7 Million by 2024 | Hexa Research
The global Allantoin Market is anticipated to grow at a CAGR of over 6 % from 2016 to 2024 on account of the growing demands from various industries such as cosmetics, oral hygiene etc. Moreover, rising scope of applications of allantoin in the pharmaceutical products, such as eye drops and skin care creams, is also expected to drive the market growth during the forecast period. The global market is categorized…
EPA/DHA (Omega 3) Ingredients Market to Experience a CAGR of above 9.5% from 201 …
The global EPA/DHA Ingredients Market size is anticipated to surpass USD 4 billion by 2024 growing at a decent CAGR of over 9.5 % over the forecast period (from 2016 to 2024). The rising awareness about consuming nutritional foods is projected to boost the growth of the EPA/DHA (Omega 3) ingredients market. The global market is categorized as applications, sources, and regions.
The application sector includes pharmaceuticals, dietary supplements, pet &…
Powder Coating Market to Exhibit 7% CAGR Worldwide from 2016 to 2024 | Hexa Rese …
The global Powder Coating Market is expected to grow at a healthy CAGR of over 7 % over the forecast period (from 2016 to 2024). Strong automobile production outlook in Brazil, China, Germany, and Malaysia is anticipated to drive the global market across various applications such as door handles, rims etc. Steady raw materials supply is said to result in a stable price trend during the next few years. The…
Global Corrosion Inhibitors Market To Exceed USD 8 Billion by 2024 | Hexa Resear …
The global Corrosion Inhibitors Market size is anticipated to grow beyond USD 8 billion by 2024 on account of the growing metal processing, construction, and power generation sectors. Corrosion inhibitors have gained popularity in the last few years as they provide reduced maintenance costs and enhanced equipment service life. The growing applications in power generation, water treatment, refining, mining, and construction industries are expected to augment the product demands during…
Global Ceramic Filters Market is Expected to Project a CAGR of 13% from 2016 to …
Global Ceramic Filters Market was valued near to USD 900 million in 2015. It is projected to grow at a CAGR of 13% from 2016 to 2024 (forecast period). This can be attributed to rising emphasis on environmental protection.
Environmental agencies such as the EPA (Environmental Protection Agency), EEA (Energy & Environment Affairs), NSF (National Science Foundation), etc. have implemented various mandates pertaining to air emissions as well as water…
Data Center UPS Market is Anticipated to Surpass USD 6 Billion Globally by 2024 …
The global Data Center UPS Market size is anticipated to surpass USD 6 billion by 2024. The global market is said to experience a stable growth on account of the rising adoption levels of UPS solutions in different businesses to counteract falling tolerance levels pertaining to disconnections in data transmission and data loss. Growing demands from major application segments such as Customer Relationship Management (CRM) systems, cloud storage, application servers,…
LiDAR Market to Project a CAGR of 12% Globally from 2016 to 2024 | Hexa Research
Global LiDAR Market was worth USD 260 million in 2015. It is estimated to grow at a CAGR of 12% from 2016 to 2024 (forecast period). Rising demand for 3D imaging technology in a variety of applications is an important market driver. The adoption of aerial systems for detection and exploration of historic details is increasing. Vendors are in the process of introducing several novel products in this space. These…
Molecular Diagnostics Market is Anticipated to Grow at a CAGR of 9% Till 2024 | …
The Molecular Diagnostics Market was valued at over USD 6.40 billion in 2015. It is likely to grow at a CAGR of around 9% during the forecast period (2016-2024).
Increasing prevalence of infectious diseases, cancer, genetic disorders, and other contagious disease are likely to drive the molecular diagnostics industry. Hospital acquired infections and other communicable infections are expected to boost market growth in the coming eight years. Moreover prenatal genetic testing…
Third Party Logistics (3PL) Market will Display 5% CAGR till 2024 | Hexa Researc …
The Third Party Logistics (3PL) Market is expected to grow at a CAGR of over 5 % during the forecast period (from 2016 to 2024). Rising focus on core business activities along with reduced shipping costs is expected to spur the growth of the global market. The introduction of e-commerce coupled with entrepreneurial ventures is also said to augment the demands for supply chain execution capabilities as well as specialized…
Organic Personal Care Market is Estimated to Grow at a CAGR of 9 % till 2024 | H …
The worldwide Organic Personal Care Market generated over USD 8.3 billion in 2014. It is anticipated to grow at around 9 percent CAGR during 2016 to 2024 (forecast period). The market will produce sales worth USD 15.8 billion by 2024. This significant expansion may be ascribed to awareness regarding eco-friendly products that don’t have petrochemicals, parabens, and aluminium salts.
Novel organic products have grown. Also, manufacturers & sellers consider innovative means…
Integrated Systems Market is Expected to Witness Substantial Growth till 2024 | …
The global Integrated Systems Market is projected to exhibit double-digit growth during the forecast period (2016-2024). This may be attributed to substantial demand for abridged deployments and lower number of standalone solutions. The shift from mainframe systems to internet computing has altered the way consumers buy, build and deliver technology.
Integrated systems are easily managed through a single console leading to lesser operational expenditure. They simplify processes, reduce costs, and are…
Aerospace Plastics Market is Projected to Grow at a CAGR above 10% till 2024 | H …
The global Aerospace Plastics Market stood nearly 57 kilotons in 2014. It is estimated to grow at over 10 percent CAGR from 2016 to 2024 (forecast period). Regulatory policies coupled with robust fiscal aid should be the key market propeller. The market will also be driven by usage in airplanes, alternatives for steel & aluminium, and expansion in the aviation industry.
The aviation industry is likely to observe high growth across…
Automated Test Equipment Market is Anticipated to Surpass USD 4.4 Billion by 202 …
The global Automated Test Equipment Market is anticipated to grow beyond USD 4.4 billion by 2024. The growing demands for consumer electronics are projected to drive the global market during the forecast period (from 2016 to 2024). Moreover, the needs for effective testing and rising design complexity are also expected to boost the demand during the next few years. Increased electronic devices in automobile and smartphones penetration are also said…
Automated Fare Collection Market to Cross USD 8.5 Billion Globally by 2024 | Hex …
The Automated Fare Collection Market is anticipated to be valued beyond USD 8.5 billion by 2024. Automated fare collection systems are the combined modules, which facilitate the automated ticketing system for public transportation network. They offer a constant and incorporated platform for all the actions concerned with the fare gathering with equipment such as ticket checking machine, ticket vending machine, and automatic gate machine.
These systems are chiefly used in a…
Global Flooring Market is Anticipated to Grow beyond USD 330 Billion by 2024 | H …
The worldwide Flooring Market is projected to attain above USD 330 billion in revenue by 2024. Flooring with a durable nature will attract huge sales for the market over the forecast period (2016-2024). Demand for insulation will give it a much needed boost. The market is expected to achieve a sales volume of 240 billion square feet, at a nearly 6% CAGR during the forecast period. It was reported to…
Cellulose Acetate Butyrate Market Size Worth $997.8 Million By 2025 - Hexa Resea …
The global Cellulose Acetate Butyrate Market is anticipated to reach USD 997.8 million by 2025, driven by the growing consumer demand for paints & coatings, lacquers, and printing inks. Increasing construction activities and growing automobile production are expected to bolster the growth of the market further.
Paints & coatings made with cellulose acetate butyrate are used in various applications including automotive plastics, leather, plastic, wood, aviation, medical & healthcare, and architecture.…
Breast Pumps Market worth USD 1.3 billion by 2020 | Research Report by Hexa Rese …
The worldwide Breast Pumps Market is anticipated to reach nearly USD 1.3 billion by 2020. In 2013, the industry was valued at more than USD 716 million. Growing awareness about the importance of breast feeding and the need for mother’s milk for around six months to a year after child birth are two key factors that drive this market. A rapidly increasing working women’s population, importance of infant nutrition, and…
Point of Care (POC) Diagnostics Market to Grow Substantially Till 2020 | Hexa Re …
The global Point of Care Diagnostics Market is driven by technological improvements and introduction of sophisticated medical solutions. A host of healthcare establishments are gradually taking to point of care tests and diagnostics solutions for greater efficiency. Growing popularity of EMR (electronic medical record) and PACS (picture archiving and communication systems) has a positive impact on market demand.
Other industry drivers are governmental support, surging healthcare investments, growing geriatric population, and…
Pharmaceuticals and Food Anti-Counterfeiting Technologies Market Analysis, Size …
Proliferation of cheap but poor quality counterfeit products in the pharmaceutical and food sector and the resultant losses, are a growing concern, globally. Key anti-counterfeiting technologies include overt or visible feature enabling, covert feature enabling, forensic, and track/trace technologies. Counterfeiting not only leads to huge losses but also negatively affects brand image of industry operators. According to a recent study by Hexa Research, the global Pharmaceuticals and Food Anti-Counterfeiting Market…
Digital Signage Market is Predicted to Reach Revenues Worth USD 20.1 Billion by …
Traditional advertisement has taken a back seat to make way for novel technologies like interactive ads on mobile phones, websites, and digital billboards. Digital signage systems encompass digital devices that can display information or content.
The Digital Signage Market is predicted to reach revenues worth USD 20.1 billion by 2020, as per a report by Hexa Research. It was worth around USD 13.3 billion in 2013. The market will display 6.1%…
Fluorotelomers Market Size To Exceed $500 Million By 2020 - Hexa Research
Global Fluorotelomers Market size is anticipated to be valued at USD 539.3 million by 2020, as per a new research report by HexaResearch. Increasing application scope in fire fighting systems owing to growing safety concerns is likely to drive market growth. Increasing usage in industrial & medical textiles owing to properties such as stain resistance and superior surface finishing for drapes and gowns is anticipated to drive the demand. Stringent…
Sevoflurane, Isoflurane and Desflurane Market Analysis, Size and Forecast to 202 …
The Sevoflurane, Isoflurane and Desflurane Market is expected to reach USD 1.5 billion by 2022 in comparison to USD 1.2 billion in 2014. These three chemicals are inhalation agents and have been used by anesthesiologists, nurse anesthetists, and anesthesiology assistants on a consistent basis. They are very strong and cost less, with minimum damage to the ozone layer.
Market Drivers
One of the primary factors, triggering expansion in the sevoflurane,…
Bioplastic Packaging Market Size Worth USD 34.24 Billion By 2024 - Hexa Research
The Global Bioplastic Packaging Market to reach USD 34.24 billion by 2024, driven by the rising consumer demand for resource efficient and eco-friendly products. Europe was the largest market accounting for 32.7% of the volume share in 2016 due to supporting regulations coupled with consumer awareness regarding the conservation of the environment. North America and Asia Pacific followed suit, where the regions together are expected to contribute USD 3.26 billion…
Benzoic Acid Market to Grow at 3.2% CAGR Till 2024 - Research Report by Hexa Res …
The Global Benzoic Acid Market stood at around 480 KT in 2014. It is anticipated to grow at 3.2% CAGR during the forecast period (2016-2024). The market can exceed 630 KT by 2024. The growing foods & beverages industry and demand for preservatives for enhanced shelf life of products are the key drivers.
The Benzoic Acid Market in North America and Europe is driven by the growing popularity of RTD (ready-to-drink)…
Bioadhesives Market Size to Reach 2.5 Million Tons by 2024 | Research Report by …
The Global Bioadhesives Market exceeded 750 kilo tons in 2015. The capacity is estimated to increase from 2 million tons in 2023 to almost 2.5 million tons by 2024. Demand for bio-based eco-friendly products is anticipated to drive the market during the forecast period (2016-2024). Greater awareness about the adverse effects of synthetic materials can propel market growth. Additionally, bio-based origin and low manufacturing costs should execute a primary role…
Ammunition Market to grow at a CAGR of above 2% from 2016 to 2024 - Research Rep …
Global Ammunition Market was worth USD 11.8 billion in 2015. It is anticipated to grow at a CAGR exceeding 2% from 2016 to 2024 (forecast period). Soaring military expenditures by various governments is the chief growth driver.
Countries such as China, India, Israel and the U.S. are implementing stockpiling and modernization programs. Mexico and Brazil are arming their police personnel with the latest weaponry. Upgrading military weapons requires higher allocation of…
Ultrasound Device Market Is Expected To Grow At 6% CAGR Till 2024 - Research Rep …
The Global Ultrasound Device Market was worth USD 6.9 billion in 2015. It is projected to grow at a CAGR of 6% from 2016 to 2024 (forecast period). Chief market drivers are increasing incidences of chronic and hypertension related disorders.
Ultrasound technology is used to treat prostate cancer and kidney stones. It is the most preferred mode of fetal screening across the globe. Trials are underway to find novel applications like…
Industrial Air Filtration Market To Grow At Nearly 6% CAGR Till 2024 | Research …
The Industrial Air Filtration Market should grow at nearly 6 percent CAGR during 2016 to 2024 (forecast period). This indicates decent market expansion in the near future. Eco-concerns and urbanization are predicted to be the key drivers of the market. Ecological policies regarding gas emissions will also propel market sales.
Safety policies and occupational regulations across different sectors can positively affect the market. Dust, fumes, & vapor across the industry of…
