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August 2, 2017August 2, 2017

Global Biomass Pellets Market to register $8.34 billion growth by 2020

Zion Market Research has published a new report titled “Global Biomass Pellets Market for Residential and Industrial applications: Global Market Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020.” According to the report, global biomass pellets was valued at USD 4.52 billion in 2014 and is forecast to reach USD 8.34 billion in 2020, growing at a CAGR of 10.9% between 2015 and 2020.

Biomass pellets are mainly used as a heating fuel. The use of biomass pellets for heating and as a source of fuel has increased extremely during recent years. Use of biomass pellets in different residential and industrial applications such as pellet stoves or boilers over old-style wood-fired equipment has been increasing significantly over the past few years. Biomass pellets are normally obtained from various sources including the timber industry, sawdust, sugarcane crop, woody plants, and switch grass etc. The use of biomass pellets is increased in power generation. It is ideally used as a substitute for materials used as a source of fuel for heating and power generation purposes.

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The global biomass pellets market can be classified into two application segments such as residential applications and industrial applications. The global biomass pellet market was led by the industrial application, accounting for the largest share of over 55% in 2014. However, the residential segment is expected to witness rapid growth rate compared to industrial segment through the forecast period.

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Renewable energy such as solar and wind power are only available for certain periods of the month. Biomass is the only renewable energy source that is independent on the weather and is available all over the period of power generation. This has resulted into growing demand for biomass pellets market across the globe. Consistent energy supply is the growing demand of increasing population. Energy extracted from biomass is available continuously and it is not get affected by the weather conditions and other external factors as a renewable energy.

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Global biomass pellets were dominated by the EMEA region with a share of over 42% of total market in 2014. The biomass pellets market in EMEA region is expected to grow at a rapid pace during the forecast period. The EMEA region is followed by the Americas and Asia Pacific respectively. Brazil and the U.S. have been the major biomass pellet producing countries in America and have huge installed capacity of biomass power plants. Asia Pacific is expected to be the fastest growing market for biomass pallets during the forecast period. However, Asia Pacific is expected to exhibit the fastest growth in during the forecast period.

Global biomass pellets market is highly competitive, with the presence of well-established global vendors. Energex Corporation, Forest Energy Corporation, Helius Energy, New England Wood Pellet, and Woodstone are the key vendors in the market.

About Us: Zion Market Research is an obligate company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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August 1, 2017

Solar Tracker Market to Hit $6.37 billion globally by 2020

Zion Market Research has published a new report titled “Solar Tracker (Single Axis and Dual Axis) Market by Technology (Solar PV, CPV and CSP) for Utility and Non-utility Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global demand for solar tracker market was valued at over USD 2.42 billion in 2014 and is expected to reach around USD 6.37 billion in 2020, growing at a CAGR of slightly above 17.6% between 2015 and 2020. Global solar tracker market installed capacity was 2,389.56 MW in 2014.

Solar trackers are devices that increase the energy production and lowers levelized cost of electricity. They are designed to harness maximum amount of solar energy by aligning payloads orientation towards the sun. Trackers help to generate more energy as mirrors or solar panels are fully exposed to sunlight. At present, novel designs are developed to track the movement of the sun in a more efficient manner instead of using existing active and passive trackers available.

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There is a growing demand for PV systems, which in turn is driving the demand for solar trackers. The rising demand of solar PV in the commercial and residential organization is the key driver of solar tracker market. Increased cost of electricity on account of depleting non-renewable sources is expected to boost the market for PV installation systems in households plus commercial applications. A solar tracker is widely used in the various application areas like utility and non-utility. Government incentive schemes and Feed-in-tariffs (FIT) is anticipated to fuel the market growth in the years to come.

The solar tracker market has been segmented based on technology, product types, application and key regions. Solar PV, CPV, and CSP are the technology segments of the solar tracker market. Flat-panel photovoltaic (PV), Concentrated Photovoltaic (CPV) and Concentrated Solar Thermal (CSP) are some of the major technologies where solar trackers are implemented. Solar trackers have distinctive functionalities in all application such as orienting the optics in CPV and CSP systems, minimizing the angle of incidence of the photovoltaic panel and incoming sunlight in PV applications. In terms of technology, solar PV dominated the market followed by CSP and CPV in 2014. This segment accounted for over 45% of the global solar trackers installed capacity.

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On the basis of product segment, solar tracker market segmented into single axis and double axis trackers. Single axis tracker holds the majority of the market and had an annual installation capacity of approximately 2000 MW in 2014. Single axis tracker is cheaper than double axis tracker and is widely used in commercial and residential applications.

The main key applications of solar tracker market include utility and non-utility applications. In 2014, utility segment accounted for the majority of the solar tracker market for 82.5% of the overall share in 2014. The key reason for high demand for solar trackers in utility segment is its cost effectiveness, as utility applications deal with large scale projects as compared to noneutility applications.

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The global market was dominated by Europe, which accounted for approximately 38% of market share in 2014. This was due to huge demand for solar trackers in Italy, Spain, Germany, and Greece. Europe was followed by North America with great demand for solar tracker in the U.S.

Global solar tracker market is highly competitive, with the presence of well-established global market vendors. Hao Solar Technology Co. Ltd., Abengoa Solar, S.A., Array Technologies, Inc., SunPower Corporation, Grupo Clavijo Elt SL, Mechatron S.A., Titan Tracker SL, AllEarth Renewables, Inc., Energia Ercam SL, Mecasolar Espana SL, First Solar, Inc., DEGERenergie GmbH, Soitec, Optimum Tracker and CM Tracker are some of the key participants in the market.

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July 20, 2017July 20, 2017

Global Solar PV Market will Procure $148.5 billion by 2020

Zion Market Research has published a new report titled “Solar Photovoltaic (PV) (CPV, Hybrid, and Other systems) Market for Residential, Non-residential and Utility Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020” According to the report, the global solar PV market was valued at approximately USD 108.3 billion in 2014 and is expected to reach approximately USD 148.5 billion by 2020, growing at a CAGR of around 10% between 2015 and 2020. In terms of volume, global solar PV market stood at 33.3 giga watt in 2014.

The solar photovoltaic (PV) system is designed to supply electrical energy to a given load by directly converting solar energy through the photovoltaic effect. The solar photovoltaic system is also called as solar cell. Different materials are used to produce PV cells such as mono crystalline silicon, amorphous silicon, cadmium telluride, and copper indium gallium selenide. Solar PV systems offer an efficient way for generating electricity from solar radiation and with a lower carbon footprint. The simplest PV systems power many of the wrist watches, outdoor lights, small calculators etc. Larger solar PV cell provides electricity for powering equipment, lighting homes, and pumping water.

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Solar PV market is expected to witness robust growth on account of growing demand in residential and utility application sector. Government initiatives and funding has provided the strong boost to solar PV market in Asia Pacific and North America. Advancement in technology and stringent environmental regulation are key factors expected to witness increased number of installations over the forecast period. Residential sector has witnessed a major upsurge over the past few years. This growth can be attributed to rising consumer awareness regarding environment protection coupled with subsidized module cost. However, changing environmental conditions and high technological cost can be a barrier to the growth of this industry in emerging and underdeveloped economies.

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The solar PV market is segmented on the basis of different systems such as CPV, hybrid and others. The solar photovoltaic market was dominated by the CPV system segment, which accounted for a significant share of revenue generated in 2014. Furthermore, the hybrid system used more than one renewable form of energy. The hybrid system is another growing segment and expected to be witness robust growth during the forecast period.

Based on application, the solar PV market is segmented into residential, non-residential and utility. Utility segment includes power plant application, military application, and others, which held the largest share over 55.0% in 2014. Residential segment is the second leading application segment for solar PV installations, which is accounted for around 30.0% of the global installed PV capacity in 2014 and is expected to slight decreasing some market share to the faster-growing utility application segment. The non-residential segment is expected to grow at moderate pace in the years to come.

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Europe was the leading regional market for solar PV in 2014. Europe is closely followed by Asia Pacific. Europe. Asia Pacific is second largest market driven by the fastest growth of the Chinese market. With increased government support and investment in the field of research development, Asia Pacific is expected to witness robust growth during the forecast period 2015 to 2020. Latin America and Middle East & Africa are also expected to experience significant growth of the solar photovoltaic market in the years to come.

Some of the key players in Solar PV market include Suntech Power, Canadian Solar, Trina Solar, SunPower, Kaneka Corporation, Kyocera Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Sharp Corporation, JA solar Co. Ltd, Jinko Solar and ReneSola Co. Ltd.

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July 19, 2017

Global Power Banks Market worth $17.2 billion and CAGR 20% by 2020

Zion Market Research has published a new report titled “Power Banks (Portable Power Banks, Phone Charging Cases, Solar Power Banks) Market For Smartphone, Tablets, Portable Media Devices, and Others Application – Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for power bank market was valued at USD 15.09 billion in 2014, is expected to reach USD 17.2 billion in at a CAGR of above 20% between 2015 and 2020.

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The power bank is commonly known as a battery charger. It is a portable and compact charger used to charge a broad range of digital products. Power banks are generally used for charging laptops, tablets, MP3 players, portable media device, and smartphones. It is used as an external battery, plug-in charger for charging a rechargeable battery or secondary cell. Power banks can be used to charge GPS systems, portable speakers, cameras, or other USB-charged devices. Lithium-ion or Lithium-Polymer is the two battery type of power bank. Generally, Lithium-ion or Lithium-Polymer batteries are used in power bank design for their compact nature and affordability.

Power bank market is primarily driven by growing demand from smartphone and tablet across the globe. Increasing demand from a decline in the prices of power banks and growing power consumption due to large-scale digitization is expected to boost the growth of the power bank market in the years to come. However, increase in terms of battery capacity and poor quality of power tank is major challenges that may hamper the growth of the market.

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The power bank market has been segmented based on a product such as portable power banks, phone charging cases (battery cases), and solar power banks. In 2014, the portable power bank was the dominant product segment in terms of total revenue. Phone charging cases (battery cases), and solar power banks are also expected to grow at a moderate rate. The global power bank market on the basis of the battery type is segmented as Lithium-ion, Lithium-polymer. In 2014, Lithium-ion was the largest battery type segment in power bank market. Lithium-ion accounted over 80% of the overall share of the market.

Smartphones, tablets, portable media devices, and others are the key application of the global power bank market. The Smartphones and tablets were the largest application segment among the other segment and are expected to grow at a moderate rate during the forecast period. Moreover, increased demand and usage of mobile devices and growing wireless services (3G, 4G) saturation is driving the demand for power banks.

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Geographically, global power bank market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America regions. Asia Pacific region was the leading market for power bank and accounted for over the 45% share of the total market. Europe is expected to grow at a CAGR 23.0% during the forecast period. Now, North America dominates the global power banks market in terms of revenue. Less awareness of the safety standards connected with the power banks is expected to boost the market growth of power banks in the emerging region such as India, China, and Brazil.

some of the key players in the global power bank market include Limefuel LLC, EassyAcc.com, Inc., GP Batteries International Ltd, Anker, Samsung Electronics Co. Ltd., itachi Maxell, Ltd., Xtorm BV, Panasonic Corporation, Sony Corporation, Xiaomi Technology Co., Ltd, Apacer Technologies, Inc., and others.

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July 19, 2017

Contract Research Organization (CRO) Market to exceed $59.42 billion Globally by 2020

Zion Market Research has published a new report titled “Contract Research Organization (CRO) Industry for Early-Stage Development Services and Last-Stage Development Services: Global Market Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020.” According to the report, global Contract Research Organization market was valued at USD 34.00 billion in 2014 and is expected to reach USD 59.42 billion in 2020, growing at a CAGR of 9.80% between 2015 and 2020.

The contract research organization market is segmented on the basis of the regions such as Americas, EMEA (Europe, Middle East, and Africa) and APAC (Asia Pacific). The Americas dominated the global CRO market with around 50% share of the total market in 2014. CRO market in Americas is led by U.S.

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Global CRO industry has witnessed the rise in strategic alliances, acquisitions, and joint ventures among vendors in the CRO market. These strategic initiatives are intended at extending service offerings and geographical presence across the world. Pharmaceutical manufacturing companies in emerging countries in Asia Pacific, Latin America and Eastern Europe account for the majority of outsourcing activities owing to easy access to large pools of treatment naïve patients, low labor and manufacturing costs, and a skilled medical workforce.

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The contract research organization market is segmented on the basis of the end-user segmentation which includes early-stage development services and last-stage development services. The late-stage development services segment includes phase II-IV clinical trials and central laboratory services. The last-stage development services were the largest end-user segment of the CRO market and accounted for over 70% share of the total market in 2014. Last-stage development services segment is also expected to exhibit fastest growth rate during the years to come.

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CRO is the organization that supports outsourced research and development services for the various industries like pharmaceutical, biotechnology, medical devices industries, government institutions, foundations, and universities. The demand for contract research organizations has been fuelled by advanced clinical development programs and the demand for new pharmaceutical products across the globe. The research and development of pharmaceutical products typically need around 15 years. In order to lower down the expenditure research and development and cut down the time required for product marketing, and focus on other operational activities, pharmaceutical vendors are outsourcing preclinical and other drug development phases to CROs. Moreover, the high failure rate of clinical trials is also expected to trigger the demand for CROs by pharmaceutical and biopharmaceutical vendors to outsource their R&D.

Some of the key players involved globally in contract research organization market include Covance, Parexel International, PRA Health Sciences, Quintiles Translational. Other major players in the contract research organization market include Chiltern, Charles River Laboratories, Icon, Inventiv Health, QPS, Ricerca Biosciences, EPS, SynteractHCR, INC Research, WIL Research and WuXi AppTec.

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July 10, 2017

Global Essential Oil Market to gain $$9.80 billion by 2020

Zion Market Research has published a new report titled “Essential Oil (Orange, Corn Mint, Eucalyptus, Citronella, Pepper Mint, Lemon, Clover Leaf, Lime, and Spearmint) Market for Medical, Food & Beverage, Spa & Relaxation, Cleaning & Home, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for essential oil market was valued at around USD 5.50 billion in 2014 and is expected to reach around USD 9.80 billion in 2020, growing at a CAGR of approximately 9% between 2015 and 2020. In terms of volume, the global essential oil market stood at 160.0-kilo tons in 2014.

Essential oils are also known as volatile or ethereal oil or aether Olea. An essential oil is a concentrated hydrophobic liquid containing volatile aroma compounds from plants. It is extracted from the vast variety of plants and herbs like orange, corn mint, eucalyptus, citronella, pepper mint, lemon, clover leaf, lime, and spearmint, etc. Essential oils are generally extracted by distillation, often by using steam. Other processes include expression, solvent extraction, absolute oil extraction, resin tapping, and cold pressing. They are used in perfumes, cosmetics, soaps and other products, for flavoring food and drink, and for adding scents to incense and household cleaning products.

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The global essential oil market is mainly driven by increasing demand for natural and organic care products due to increasing health issues among the consumers. Development in organic product industry attracts the attention of consumers and manufacturers. The sharp rise in demand for natural aromatic flavors and fragrances in cosmetics, perfumes, as well as spa and relaxation applications is anticipated to foster the demand for essential oils. However, availability of synthetic substitutes and high prices of essential oils will be a major concern for manufacturers.

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Orange, corn mint, eucalyptus, citronella, pepper mint, lemon, clover leaf, lime, and spearmint are the key product segment of the essential oil market. Orange was the leading segment, which accounted for more than 35% share of the total volume consumption in 2014. Orange oil possesses exhibit excellent medical benefits like antiseptic, anti-inflammatory, and antidepressant. Corn mint oil is one of the fastest growing products. Corn mint oil provides numerous health advantages.

On the basis of applications, the essential oil market has been segmented as medical, food & beverage, spa & relaxation, cleaning & home and other. Food & beverages were the largest application market for essential oils and accounted for over 30% share of the total revenue generated in 2014. Food & beverages industry is expected to witness robust growth during the forecast period. This in turn expected to foster the demand for essential oils in the years to come. Spa & Relaxation is also one of the significant outlets for the essential oil market.

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The global essential oil market was dominated by the Europe in terms of both volume and revenue. The upward trend in natural cosmetics and beauty products, medicines, and nutraceuticals coupled with strong demand from aging population from developed countries such as Germany, UK, and France is mainly driving demand for essential oils in the region. Essential oil market in Asia-Pacific region is expected to witness rapid growth as compared to other regions. North America was the second largest regional market for essential oils followed by Asia-Pacific, Latin America and Middle East & Africa.

Some of the key players in global essential oil market include Biolandes, Sydney Essential Oils, HRF, The Lebermuth Company, Young Living Essential Oils, doTerra, Essential Oils of New Zealand, Sydella Laboratoire, Farotti Essenze, Moksha Lifestyle Products, West India Spices Inc., Falcon, and Ungerer Limited.

This report segments the global essential oil market as follows:

Product Segment Analysis: Orange, Corn Mint, Eucalyptus, Citronella, Pepper mint, Lemon, Clover leaf, Lime, Spearmint

Application Segment Analysis: Medical, Food & Beverage, Spa & Relaxation, Cleaning & Home, Other

Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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July 7, 2017

U.S. Pet Food Market to Show $28.19 billion by 2020

Zion Market Research has published a new report titled “U.S. Pet Food (Dry Food, Wet Food, and Treat & Snacks/Mixers) Market for Dogs, Cats, and Other Pets, 2014 – 2020.” According to the report, U.S. pet food market was valued at USD 23.15 billion in 2014 and is expected to reach USD 28.19 billion in 2020, growing at a CAGR of 3.41% between 2015 and 2020.

The U.S. pet food market was valued at USD 23.5 billion in 2014 and is expected to grow at a CAGR of 3.4% between 2015 and 2020. Pet food market is mainly segmented into dry food, wet food, and treat & snacks/mixers. Dry food was the largest market segment of pet food industry in U.S. Wet food was the second largest market segment with around 20% share in total sales in 2014. Treat & snacks/mixers are small volume market and hold small market share. In terms of revenue, dog food accounted for largest market share followed by cat food segment with around 30% share in total revenue generated in the year 2014.

Plants or animal extracts are key raw materials used in the manufacture of pet food products. Pet food products are manufacture red according to the nutritional value of the raw materials that go well with the requirements of the type and age of the animal being fed. Pet food products in U.S. are sold through retail outlets in supermarkets and specialized pet stores.

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The pet food market growth in U.S. is triggered by an increase in pet humanization and growing pet health concerns further supported by a revival in the economy. People in the region are more concerned about the fulfillment of the physical and emotional need of their pet. This has resulted in increase in spending on providing good quality food products to their pets. Further, increase in pet health concerns has made pet owners to shift towards healthy and nutritious food that is exclusively prepared according to the age and type of pet. U.S. is a mature market for pet food products and the package, label, and other claims by pet food companies influence the purchase trends.

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However, ever increasing product recalls and increasing pet obesity have posed a major threat to the pet food industry in U.S. market. Obesity has become a very common problem with pets such as dogs and cats. Over, 50% dogs and cats in U.S. are facing health problems owing to obesity. Moreover, arthritis and heart disease are other ailments affecting aging pets, thus discouraging the adoption of pets.

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The U.S. pet food industry is characterized by the presence of a large number of pet food product manufacturers. Intense competition among the producers has resulted in increasing focus on research and development. Big Heart Pet Brands, Mars, and Nestlé are among the leading players in the U.S. pet food industry.

This report segments the U.S. pet food market as follows:

Product Segment Analysis: Dry Food, Wet Food, Treat and Snacks/Mixers

Application Segment Analysis: Dogs, Cats, and Other Pets

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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July 6, 2017

Global Epoxy Resins Market size estimated to hit $10.5 billion by 2020

Zion Market Research has published a new report titled “Epoxy Resins Market for Paints & Coatings, Wind Energy, Composites, Construction, Electrical & Electronics, Adhesives and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020” According to the report, the global epoxy resins market was valued at approximately USD 7.1 billion in 2014 and is expected to reach USD 10.5 billion by 2020, growing at a CAGR of around 7% between 2015 and 2020. In terms of volume, global epoxy resins market stood at 2.50 million tons in 2014.

Epoxy resins are low molecular weight pre-polymers or higher molecular weight polymers. Epoxy resins are thermosetting polymers containing epoxide as a basic functional group. Curing of epoxy resins is done either by cross-reacting with themselves or with the help of curing agents such as amines, acids, thiols, and phenols. The basic raw materials for producing epoxy resins include bisphenol A (BPA), epichlorohydrin, phenols, aromatic amines, and aliphatic alcohols.

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Major application markets for epoxy resin includes paints & coatings, wind energy, composites, construction, electrical & electronics, adhesives and others. Epoxy resins are used for manufacturing electrical laminates and printed circuit boards. Laminates manufactured from epoxy resins are primarily used as rods, sheets, and tubes, all of which find applications in concrete molds, wood and metal assemblies, and other building and electrical structures. In addition, the demand for composites and adhesive industries is further propelling the growth of the market. Epoxy resins are also used for producing reinforced plastics, which have applications in automotive, aerospace and marine industries.

Bisphenol A, Epichlorohydrin, phenols, aliphatic alcohols and aromatic amines are some of the important raw materials used in the manufacture of epoxy resins. However, fluctuation in prices of key raw materials of epoxy resin is expected to be a major concern for the manufacturers. The introduction of bio-based epoxy resins is projected to provide immense opportunities to the market in the near future.

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Paints & coatings, wind energy, composites, construction, electrical & electronics, adhesives and others are the key applications for epoxy resins. Paints and coating were the largest application segment for epoxy resins with over 40% share of total epoxy resins consumed in 2014. Electrical and electronics were the second largest application market for epoxy resins in 2014. Epoxy resins are widely used in the manufacture of insulators, motors, generators, and switchgear.

Asia Pacific region was the leading regional market for epoxy resins with over 60% share in total volume consumed in 2014. China has emerged as a manufacturing hub of the world. Many companies have shifted their production facilities to China owing to the abundant availability of raw material and cheap labor. This has resulted in strong demand for epoxy resins for different end-user industries such as paints & coatings, wind energy, composites, construction, electrical & electronics, etc. North America, Europe, Latin America and Middle East & Africa accounted for a smaller share of the global epoxy resins market. Europe was the second largest regional market for epoxy resins followed by North America.

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Some of the major industry participants in the global epoxy resins market include the Dow Chemical Company, Nan Ya Plastic Corporation, Momentive Specialty Chemicals Inc., Sika AG, Kukdo Chemical Co. Ltd., Cytec, Huntsman Corporation, NAMA Chemicals, 3M Company, Du Pont, BASF SE, Baling Petrochemical, Spol Chemie and Ashland Inc.

This report segments the global epoxy resins market as follows:

Application Segment Analysis: Paints & coatings, Wind energy, Composites, Construction, Electrical & Electronics, Others

Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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July 5, 2017

Global Pressure Sensors Market sales is growing at 6% CAGR till 2020

Zion Market Research has published a new report titled “Pressure Sensors Market by Technology (Capacitive, Electromagnetic, Optical, Piezoresistive, Resonant Solid-State) for Automotive, Consumer Electronics, Industrial, Medical, Oil & Gas and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for pressure sensors market was valued at USD 6.5 billion in 2014 is expected to reach USD 9.5 billion in 2020 and is anticipated to grow at a CAGR of around 6% between 2015 and 2020.

A pressure sensor measures pressure, typically of gases or liquids. Pressure sensors can be classified in terms of pressure ranges they measure, temperature ranges of operation, and most importantly the type of pressure they measure. Pressure sensors are variously named according to their purpose, but the same technology may be used under different names. Absolute pressure sensor, vacuum pressure sensor, gauge pressure sensor, differential pressure sensor and Sealed pressure sensor are major types of pressure measurements.

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Pressure sensors industry is mainly driven by strong demand from automotive industry. Pressures sensors are used in wide ranging applications in automotive industry including TPMS (Tire Pressure Monitoring System), EGR (Exhaust Gas Pressure), etc. Stringent government regulations regarding use of pressure sensors in various applications have been resulted into immense demand for pressure sensors from automotive industry. Electronics is another major driving factor for pressure sensors industry. Strong growth of automotive and consumer electronics industry in Asia Pacific is expected to keep driving demand for pressure sensors industry in the years to come.

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Capacitive, electromagnetic, optical, piezoresistive, and resonant solid-state are the key technology segments of pressure sensors market. Piezoresistive sensors technology segment dominated the global pressure sensors market in 2014. Piezoresistive sensors accounted for around 30% share of global pressure sensors market in 2014. The automotive industry, biomedical applications, and household appliances are the key application markets for piezoresistive sensors. Capacitive sensors were the second largest technology segment of global pressure sensors market in 2014. Piezoresistive is also expected to exhibit fastest growth rate during the forecast period.

Automotive, consumer electronics, industrial, medical, oil & gas and others are key application markets for pressure sensors. Automotive was the largest application market for pressure sensors and accounted for over 25% share in total revenue generated in 2014. Robust growth of automotive sector, especially in Asia Pacific region coupled with various regulations regarding use of pressure sensors in vehicles is expected to mobilize pressure sensors market at a rapid pace during near future. Consumer electronics and medical industry is also expected to exhibit strong demand for pressure sensors.

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Asia-Pacific dominated the pressure sensors market with highest contribution to the total revenue generated globally, in 2014. Asia Pacific accounted for over 30% share of the global pressure sensors market in 2014. Asia-pacific was followed by the North America and Europe. Pressure sensors market in Asia-Pacific region is also expected to witness rapid growth as compared to other regions. Over the past few years, Brazil has witnessed strong growth in automotive, electronics and medical industry. This is expected to boost demand for pressure sensors in Latin America.

Some of the key players in global pressure sensors market include ABB Ltd, Analog Devices Inc., Delphi Automotive PLC, Emerson Process Management, Freescale Semiconductor Ltd., Honeywell International Inc., Schneider Electric SE, Omron Corporation, Robert Bosch Gmbh, and STMicroelectronics N.V.

The report segments the global pressure sensors market as:

Technology Segment Analysis: Capacitive, Electromagnetic, Optical, Piezoresistive, Resonant Solid-State

Application Segment Analysis: Automotive, Consumer Electronics, Industrial, Medical, Oil & Gas, Other

Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

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July 5, 2017July 5, 2017

Green Energy Market to Grow $900 Bn, Globally by 2020: Analysis of Key Players

Zion Market Research has published a new report titled “Green Energy (Solar Photovoltaic (PV), Wind Energy, Hydroelectric Power, Bio-Fuels and Geothermal Energy) Market for Residential, Commercial and Industrial End-users – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global green energy market was valued at around USD 550 billion in 2014 and is expected to reach USD 900 billion in 2020, growing at a CAGR of around 8.5% between 2015 and 2020.

Green energy can be generated from a wide range of sources including the wind, solar, hydro, tidal, geothermal, and biomass. Green energy is a renewable energy which generated from natural resources like sunlight, wind, rain, tides, waves, and geothermal heat etc. By using more renewable sources to meet its energy needs, the world can lower its dependence on fossil fuels and makes energy generation more sustainable. The green energy industry also drives technological innovation and employment across Europe. Green energy posses a natural process that does not create any type of pollution.

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The green energy market is mainly driven by growing awareness regarding environmental concerns, rapidly depleting conventional resources of energy, favorable government policies, etc. Government initiatives and funding has provided a strong boost to green energy market in Europe and North America. Stringent environmental regulations in these regions are a major driving factor for the green energy market. High initial investment and higher cost of energy are expected to hamper the growth of this industry to some extent. However, increased research and development activity in the field of green energy is expected to lower down the overall cost of green energy in the years to come. This is expected to fuel further growth of green energy market across the world between 2015 and 2020.

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Based on types, green energy market can be segmented as solar photovoltaic, hydropower, wind energy, bio-fuels and geothermal. Hydroelectric power dominated the green energy market with large market share in total revenue generated in 2014. However, solar PV is expected to exhibit strong growth during the forecast period. Solar PV’s are gaining popularity among end users owing declining cost and increased efficiency.

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On the basis of the end-users segment, the green energy market is classified into residential, commercial and industrial end users. Commercial and industrial end user segment together accounted for largest share of total revenue generated in 2014. The commercial segment was the largest end-user segment in 2014. North America dominated the global green energy market with over 30% share in total revenue generated in 2014. However, with increased government support and investment in the field of research development, Asia-Pacific is expected to witness robust growth during 2015 to 2020. Europe, Latin America, and Middle East & Africa are also expected to experience significant growth of green energy market in the years to come.

The global green energy market is highly competitive, with the presence of well-established global market participants. ABB Ltd., Alterra Power Corporation, Kyocera Solar Inc., Nordex SE, Hanwha Q Cells GmbH, Calpine Corporation, Suzlon Energy Ltd., U.S. Geothermal Inc., Yingli Green Energy Holding Co. Ltd., Enercon GmbH, GE Energy, First Solar Inc., JA Solar Holdings Co. Ltd., Suntech Power Holdings Co. Ltd., Enphase Energy Inc., and Archer Daniels Midland Company are some of the key participants in the green energy market.

This report segments the global green energy market as follows:

Energy type Segment Analysis: Solar photovoltaic (PV), Wind energy, Hydroelectric power, Bio-fuels, Geothermal energy

End-user Segment Analysis: Residential, Commercial, Industrial

Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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