Automotive sunroof market growth is driven by growing use of smart glass and enhanced vehicle production

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Overview

Global Automotive Sunroof Market size contribution was about $4.67 billion for 2014 and is projected to record CAGR of about 9.9% during forecast timeline. Rising use of smart glass in automotive along with high convenience for end users is projected to propel demand. Further, growing automobile production is also projected to enhance industry expansion in future.

Rising customer choice for the products is projected to propel industry growth during forecast timeline. Key automotive sunroof manufacturers offer inbuilt system to their mid-section vehicles. However, issues like poor calibrations, leakage, electrical failures, improper installation and growing concerns about altering structural integrity of roof of automobiles can hinder the product demand.

China glass automotive sunroof market size, by product, 2012-2022 (USD Million)

China glass automotive sunroof market size, by product, 2012-2022 (USD Million)

 

Increasing automotive sunroof industry trends as a post-sale customization has witnessed an increase in product reputation, primarily in APAC. Rising disposable incomes of consumers has resulted in enhanced purchasing capacity and rise in purchase of luxury vehicles is projected to favorably affect the product demand. Automotive sunroof market share is projected to be bolstered by technological growth in area of solar roofs for electric automobiles.

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Product Trends

Global automotive sunroof industry is segmented into fabric product and glass product. Fabric product segmented is sub-segmented into removable and foldable. Glass product segment is sub-segmented into panoramic, pop-up, top mount, inbuilt and spoiler or tilt & slide.

Glass sunroof product segment was the dominating segment for 2014 and is projected to lead the industry during forecast timeline.

Inbuilt glass product sub-segment contributed more than 40% of total industry share for 2014 and is projected to record CAGR of 7.6% during forecast timeline. Enhanced factory deployed products along with increasing industry demand are forecast to propel the sub-segment growth.

Panoramic sunroof product segment is projected to experience significant expansion and record CAGR of more than 15.1% during forecast timeline due to consumer choice for automobiles equipped with big sunroofs.

Fabric sunroof segment in Europe and North America features high demand for foldable prototypes. This is predicted to propel its growth in future.

Regional Trends

Global automotive sunroof market is segmented into key geographical locations like North America, MEA, LATAM, Europe and Asia Pacific.

Europe sunroof market was evaluated at $1.7 billion for 2014 and is projected to dominate the global industry during forecast timeline due to substantial penetration of luxury cars in the region. UK and Germany are key contributors to regional industry expansion.

Asia Pacific glass sunroof industry is projected to record CAGR of more than 11.1% in future. This can be mainly credited to changing customer choices and rising product demand in country in China.

Competitive Trends

Key industry participants profiled in the report include NSG Pilkington, Inteva, Automotive Sunroof Company, Webasto, Yachiyo Industry Company Limited, Johnan America Incorporation, Valmet Automotive, Mitsuba Corporation and Inalfa.

Author NameDhananjay Punekar

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Corrosion inhibitors market trends are driven by demand for pure and clean water in various industries

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Industry Trends

Global Corrosion Inhibitors Market size was projected to expand at more than 5100 kilo tons for 2015 in terms of size and is expected to register higher than 4% CAGR by end of forecast timeline. The industry revenue is projected to surpass $ 8.9 billion by end of forecast timeline.

Global water treatment chemicals industry is projected to register revenue of more than $32 billion by end of forecast timeline. Growing demand for pure and clean water in different industrial segments like medical segment, chemical segment and electronics segment is projected to promote corrosion inhibitors industry trends.

MEA corrosion inhibitors market size, by end-use, (USD Million) 2012-2023

MEA corrosion inhibitors market size, by end-use, (USD Million) 2012-2023

Expansion of green corrosion inhibitors industry can witness a breakthrough in product techniques and demand. Increased use of corrosion inhibitors has led to correct steps being taken for its disposal. Inappropriate disposal adversely impacts the climate which can lead to instability in global corrosion inhibitors market price trends.

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Application Trends

Global corrosion inhibitors industry is segmented into various applications like oil based application or solvent based application and water based application.

Water based application segment is projected to surpass $6.8 billion revenue by end of forecast timeline. These applications are projected to experience growth and are promoted by rising water treatment requirements and demographic indicators. Rise in energy production, construction sector, refining and mining sector is projected to lead to enhanced demand for the segment.

Solvent based application segment is projected to record CAGR of 4.3% by end of forecast timeline. These kind of applications make a protective barrier coating on surface of metal to avoid contact of water and thus prevents corrosion. Consistent performance of oil or solvent based application segment is a main aspect of segment growth.

Product Trends

Global corrosion inhibitors market is segmented into organic and inorganic products. Organic products segment is projected to register a CAGR of 5.2% in terms of size during forecast timeline.

Inorganic products segment was evaluated at more than $1.8 billion for 2015. Superlative features and rising legislations about use of inorganic products are crucial for industry expansion during forecast timeline.

End Use Trends

Global corrosion inhibitors industry is segmented into end use applications like power production, oil & gas, metal processing, pulp & paper and chemical processing.

Power production segment contributed more than $1.9 billion of overall revenue for 2015. It aids in effective operations of electronics, gas turbines, switch gears and pumps. Due to all these factors the segment is predicted to experience a tremendous growth in future.

Oil & gas segment is projected to record CAGR of 5.9% by end of forecast timeline. Growing exploration of oil & gas all across the globe is projected to promote the industry growth.

Pulp & paper segment along with chemical and metal processing segments contributed to significant portion of overall demand for 2015.

Regional Trends

Global corrosion inhibitors market is segmented into key geographical locations like North America, LATAM, Europe, Asia Pacific and Middle East & Africa.

U.S. corrosion inhibitors market share is predicted to grow more than 4.1% during forecast timeline. Metal applications, cement & concrete applications and industrial coatings uses are predicted to be key drivers of the industry growth in the region in future.

European industry demand for corrosion inhibitors is projected to touch 1901 kilo tons by end of forecast timeframe. Development of construction sector, mining sector, production sector and oil & gas industry in Europe is projected to propel regional industry expansion. Further, rising concerns about water pollution as well as waste water treatment can promote inorganic items demand.

Asia Pacific, led by India and China corrosion inhibitors market share, is projected to witness more than $3 billion revenue growth by end of forecast period. Rapid industrialization in countries like India and China along with heavy requirement for minimizing maintenance prices to acquire competitive benefit is predicted to promote regional industry growth. Furthermore, heavy automobile production index in APAC promoted by product growth along with research & development activities are projected to propel industry growth in the region.

Middle East & Africa and LATAM corrosion inhibitors market expansion is predicted to witness substantial growth during forecast timeline.

Competitive Trends

Key industry players profiled in the report include The Lubrizol Corporation, Daubert Cromwell LLC, Ashland Incorporation, DuPont, Cortec Corporation, DOW, Eastman, AkzoNobel N.V., Champion Technologies, Ecolab Incorporation, Marott Graphic Services, GE Water & Process Technologies, BASF SE and General Electricals.

Author NameDhananjay Punekar

HIV diagnostics market growth is driven by rising prevalence of HIV/ AIDS globally

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Overview

Global HIV Diagnostics Market size contributed about $2.41 billion for 2015 and is expected to register CAGR of about 9.6% by end of forecast period. Rising cases of HIV (human immunodeficiency virus) and fast medical breakthroughs in terms of point of care diagnostics is predicted to drive HIV diagnostics market trends during forecast timeline.

HIV is found to be most common ailment, particularly in resource limited areas due to low health consciousness among the people and successful execution of antiretroviral treatment program. Rising occurrence of HIV has resulted in growing concerns among government to promote investments in events aimed at eradicating burden prices of HIV. Many such events include encouraging people to go for regular checkups. Multinational healthcare units like UNITAID spread HIV awareness and fund new technologies for treating and annihilating HIV.

U.S. HIV Diagnostics Market Size, by Product, 2012 – 2023 (USD Million)

U.S. HIV Diagnostics Market Size, by Product, 2012 - 2023 (USD Million)

Increasing point of care diagnostics sector is projected to favorably affect global HIV diagnostics industry. Different aspects like cost efficacy, toughness, minimal device requirement and quick diagnosis are anticipated to promote HIV point of care diagnostics sector. Technological breakthroughs in biochemical engineering for designing these tests in order to permit consecutive identification and quantification of many targets with use of limited resource settings are projected to propel industry expansion.

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Product Trends

Global HIV diagnostics industry is segmented into various products like viral load, early infant diagnosis, antibody tests, viral identification assay and CD4.

Antibody tests segment is sub-segmented into western blot tests, HIV-1 screening tests, dried blood spot tests, ELISA (enzyme linked immunosorbent assay) tests, HIV- confirmatory tests, rapid test, western blot tests, line immunoassay, blood anti body tests, RIPA (radio immuno precipitation assay) tests, HIV-2 & group O tests and indirect immunofluorescent antibody assay (IIFA) tests.

This segment is predicted to contribute largely to HIV diagnostics market share during forecast timeline and is projected to surpass $1.6 billion by end of 2023. Extensive use and launching of modern point of care methods intended to surpass the cell distinguishing limitations and offer accurate outcomes will promote the segment expansion.

Viral identification assay segment is sub-segmented into viral culture, p24 antigen and qualitative PCR (polymerase chain reaction). Viral culture assay sub segment projected to touch $530 million by end of 2023 led the segment.

Viral load and CD4 segments are projected to register comparatively high CAGR of 9.91% and 10.2% during forecast timeline owing to increasing industry penetration as well as expansion of point of care diagnostics methods for such tests that would improve marketability in limited resource settings.

Regional Trends

Global HIV diagnostics market is segmented into North America, Asia Pacific, Middle East & Africa, Europe and Latin America.

North America HIV diagnostics market price was evaluated at $947 million for 2015 and it dominated the global industry during the year. Factors like rapid acceptance of technologically modernized diagnostic solutions service providers and growing demand for point of care tests in the region has promoted regional industry expansion.

Asia Pacific HIV diagnostics industry is projected to register CAGR of 10.8% during forecast timeline due to enhancement in healthcare services coupled with rise in levels of HIV consciousness amongst the population of the region. Further, the region possesses large pool of patients suffering from HIV ailment and this is projected to stimulate regional industry growth.

Competitive Trends

Key industry participants profiled in the report include Apogee Flow Systems Limited, Abbott Healthcare, Cepheid, Roche Diagnostics, Sysmex Corporation, Zyomyx Incorporation, Hologic Incorporation, Qiagen Incorporation, Siemens Healthcare and Alere Incorporation, Beckman Coulter, Daktari Diagnostics and Janssen Diagnostics.

Author NameDhananjay Punekar

Eyewear market growth is driven by rising old population and growing visual deficiencies

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Industry Trends

Global Eyewear Market  size contribution is predicted to register CAGR of 7% during forecast timeline and surpass a revenue of $166 billion by end of 2022. Increasing population along with growing visual deficiencies like myopia, presbyopia, hyperopia and astigmatism are projected to promote eyewear industry trends during forecast timeline.

North America eyewear market size by product, 2012-2022 (USD Million)
North America eyewear market size by product, 2012-2022 (USD Million)

 

Growing use of corrective eyewear among people to correct refractive faults is projected to fuel industry demand for the products. Furthermore, increasing consciousness among people about significance of eye checkups is projected to enhance industry expansion. Rising purchasing power is predicted to favorably affect industry demand in future. Strong piano sunglasses industry demand is projected to propel contact lens acceptance and minimize dependence on spectacles. Further, recurring renewal of lenses due to constantly changing prescriptions is predicted to favorably affect the demand for eyewear during forecast timeline.

Growing geriatric population is also a significant aspect for global eyewear industry growth. Further, reasonable costs, modality and user convenience offered by eyewear items are anticipated to develop large scale industry expansion opportunities by end of forecast timeline.

However, increasing acceptance of permanent vision correction methods like photorefractive keratectomy and laser assisted in situ keratomileusis (LASIK) are forecast to negatively affect industry demand for the products.

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Product Trends

Global eyewear industry is segmented into various products like Contact lenses, Plano sunglasses and Spectacles.Contact lenses segment is sub-segmented into soft lenses, rigid gas permeable lenses and hybrid lenses. This segment contributed more than 31% of total shipments for 2014 due to growing demand for regular disposable lenses and cosmetic lenses.

Spectacles segment is sub-segmented into spectacle frames and spectacle lens. It contributed greater than three-fourths of total revenue for 2014.

Plano sunglasses segment is further sub-segmented on basis of material and product. Depending upon the material, it can be segregated into polyurethane, CR-39 and polycarbonate. Based on the product, it can be sub-segmented into polarized as well as non-polarized sunglasses. The growth in the segment can be credited growing customer choice and increasing adoption of corrective surgical operation.


Regional Trends

Global eyewear market is segmented into Latin America, APAC, North America, MEA and Europe. North America eyewear market share was more than 31% of the global industry share in terms of revenue and size. Increase in growth of North American industry can be credited to growing demand for Plano sunglasses coupled with rising awareness about eye examination around the region.

APAC eyewear industry size was more than 20.1% for 2014 in terms of revenue. Fast growing wearer base is projected to promote use of the products during forecast timeline. Europe eyewear market contributed more than 35.1% of the overall revenue for 2014, mainly owing to high selling costs as well as presence of key industry players in the region. Latin America, dominated by Brazil eyewear industry share is projected to experience consistent gains in future.

Competitive Trends

Key industry participants profiled in the report include De Rigo SpA, Carl Zeiss AG, Silhouette International, Chemilens, Fielmann AG, Bausch & Lomb Incorporation, Cooper Vision, Marchon Eyewear, Hoya Corporation, Safilo Group S.p.A., Charmant Group, Alcon, Johnson & Johnson Vision Care, Marcolin Eyewear, Daemyung Optical CO, QSpex Technologies Incorporation, Vision-Ease Lens Incorporation, Luxottica Group S.p.A., Rodenstock GmbH, Essilor International S.A and Seiko Optical Products Company Limited.

Author NameDhananjay Punekar

Ethanolamines market growth is driven by rising demand from surfactants, natural gas and agrochemical sectors

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Overview

Global Ethanolamines Market size contributed $2.80 billion for 2015 and is projected to expand at a CAGR of 4.2% during forecast timeline. Growing demand from surfactants and agrochemical, strong infrastructural expansion in APAC and significant potential demand from natural gas processing are predicted to enhance the industry trends.

U.S. Ethanolamines Market size, by product, 2013-2024 (KT)

U.S. Ethanolamines Market size, by product, 2013-2024 (KT)

 

Comparatively slow increase of raw material prices and other aspects are also predicted to add towards revenue gain. Demand from other applications like textiles, paints & coatings, additives and cosmetics are also predicted to help the global ethanolamines industry expand in future.

Key threats faced by global ethanolamines market include strict rules and health concerns due to chemical ill-effect on human beings. Medical studies were carried out to check the chemical effects of the product on human liver and its connections to liver tumors were detected in past. This inhibits the use of the product in many applications and proper replacements have found their way to the industry.

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Product Trends

Global ethanolamines industry is segmented into key products like triethanolmines, monoethanolamine and diethanolamines.

Diethanolamines is predicted to be attractive product segment with revenue of higher than $1.1 billion for 2015 with higher than 4.1% CAGR expected to be recorded during forecast timeline. Its expansion is credited to herbicides growth.

Triethanolmines product segment was the biggest segment for 2015 and is projected to expand significantly during forecast timeline. Demand for ester quats is projected to fuel the segment revenue.

Monoethanolamine segment is projected to grow owing to heavy demand from triazines and ethyleneamines. Furthermore, the increase in demand for the segment can be credited to rising demand from olefins cracker items and refinery streams.

Application Trends

Global ethanolamines market is segmented into various applications like gas treatment, chemical intermediates, cement, surfactants and herbicides.

Surfactants segment contributed more than 25.1% of total revenue for 2015. Chemical intermediates and herbicides contributed for more than 40.1% of ethanolamines market share with nominal gains projected by end of forecast timeline. Rising agrochemicals sector owing to increasing demand from farming activities and growing demand from different cleaning methods in most of end use sectors are few of the aspects for these segments to display fast growth during forecast timeline.

Regional Trends

Global ethanolamines market is segmented into various geographical locations like North America, APAC, MEA, Europe and Latin America.

APAC, specifically, India and China ethanolamines industry, contributed more than $1.1 billion for 2015 in revenue terms and the region is projected to experience heavy expansion depending on domestic use.

MEA and APAC are predicted to be the most favored areas for the industry during forecast timeline.

Latin America and North America are predicted to demonstrate positive growth in future. U.S. ethanolamines market share that was higher than 400 kilo tons for 2015 today contributes more than 84.1% of overall North American industry share in terms of revenue.

Competitive Trends

Key industry participants profiled in the report include SABIC, Huntsman Corporation, The Dow Chemical Company, LyondellBasell Industries N.V., BASF-YPC Company Limited, Thai Ethanolamines Company Limited, Akzo Nobel N.V., China Petroleum & Chemical Corporation, INEOS Group and Sintez OKA LLC.

Author NameDhananjay Punekar

Biopsy devices market growth is driven by growing occurrence of cancer

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Industry Insights

Global Biopsy Devices Market size was valued at $1.76 billion for 2015 and is projected to record CAGR of about 6.6% during forecast timeframe. Rising occurrence of cancer, increasing demand for minimally invasive drug procedures and enhanced expenditure on efficient investigative methods are few of the main aspects promoting industry growth.

U.S. Biopsy Devices Market Size, by Product, 2012- 2024 (USD Million)

U.S. Biopsy Devices Market Size, by Product, 2012- 2024 (USD Million)

 

Rise in proportion of patients suffering from cancer ailment is predicted produce heavy demand for biopsy methods. Launch of new government policies aimed at enhancing compensation coverage like Obamacare Act in countries like U.S. is predicted to broaden the customer base. High rate of penetration of technically modernized devices like disposable items and vacuum assisted systems is projected to promote biopsy devices industry trends.

Increase in old age population who are at high risk of acquiring cancer ailment has led to growing occurrence of cancer ailment globally. Furthermore, rising geriatric population along with large unexplored potential avenues in nations like China, India and Japan is predicted to stimulate industry growth during forecast timeframe.

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Product Insights

Global biopsy devices industry is segmented into various products like needle based biopsy gun, biopsy forceps, biopsy needles and biopsy guidance system.

Needle based biopsy gun segment is sub-segmented into core needle segment, vacuum-assisted segment and fine needle segment.

Biopsy forceps segment is also segmented into sub-segments like hot biopsy segment and general biopsy segment. Biopsy needles segment is segmented into reusable segment and disposable segment. Biopsy guidance system is sub-segmented into robotic and manual segments. Biopsy guidance system dominated the product segment and it was followed by needle based biopsy gun segment as well as biopsy needles segment.

Biopsy guidance system segment contributed about 44% to total revenue for 2015 and the size of the segment is projected to surpass $1.2 billion by end of forecast timeframe. High costs related with robotic guidance systems added significantly to the revenue growth of the segment.

Vacuum assisted biopsy sub-segment contributed maximum revenue share to needle based guns segment. Demand for this sub-segment is increasing owing to rising preference for minimally invasive methods. Biopsy guidance system segment was led by manual sub-segment for 2015.

Disposable needles sub-segment is predicted to record high growth due to its capability to prevent infection and cross contamination.

Regional Insights

Global biopsy devices market is segmented into geographical regions like LATAM, North America, APAC, MEA and Europe.

North American industry was biggest regional industry contributing about more than 55.1% to the total industry share for 2015 and was followed by Europe and APAC.

U.S. biopsy devices market price was about $1.2 billion for 2015 with contribution more than 80.1% to the North America biopsy devices industry share.

Europe biopsy devices market share is predicted to observe moderate expansion with Germany contributing more than 28.2% for 2015.

APAC, led by India and China biopsy devices market, is projected to record highest expansion during forecast timeline and is predicted to be most profitable investment destination for business growth. In addition to this, presence of large patient pool with unfulfilled requirements along with fast growing healthcare infrastructure is predicted to stimulate regional industry expansion.

Competitive Insights

Global biopsy devices industry is oligopolistic and only few industry participants contributed more than 90.1% to the industry share for 2015. Key industry players profiled in the report include Hologic Incorporation, Devicor Medical Products Incorporation, Surgical Specialities Corporation, CareFusion Corporation, Cardinal Health Incorporation, C.R. Bard Incorporation, DTR Medical and INRAD Incorporation.

Author NameDhananjay Punekar

Synthetic lubricants market trends are driven by growing demand from automobile and industrial sectors

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Industry Trends

Global Synthetic Lubricants Market size is predicted to surpass 900 kilo tons by end of 2023 andpredicted to record CAGR of 4.3% during forecast timeline. Rising demand from automobile and industrial sectors in APAC owing to new machine set ups and enhanced sale of brand cars is projected to be drive industry growth.

Europe synthetic lubricants market size, by product, 2012 – 2023, (USD Million)

Europe synthetic lubricants market size, by product, 2012 – 2023, (USD Million)

The revenue size of the global industry is predicted to be $5.1 billion by end of forecast timeline. Applicationgrowth of the industry in automobile sector, construction industry, food & beverage industry and personal care sector in developing nations like UAE, Qatar and Saudi Arabia hasshifted attentionto natural gas expansion. All these aspects are predicted to promote synthetic lubricants industry trends.

High costs compared its mineral equivalents can hinder the industry expansion in future. Synthetic lubricants market price trend observed a steep decline in last few years owing to low petrochemical prices. But costs are predicted to increase by end of forecast period.

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Product Trends

Global synthetic lubricants industry is segmented into products like PAG (Polyalkylene glycols), GroupIV (Polyalpha- olefin)(PAO)and GroupV (Esters).

Group IV Polyalpha-olefinsegment contributed more than 436 kilotons for 2015 in terms of size and is predicted to record aCAGR of about 4.1% during forecast timeline. Enhanced use of polyalpha-olefin in engines of automobiles along with OEM (original equipment manufacturers) endorsementin brands like BMW and Volkswagen is projected to promote segment expansion in future.

Group V or esters segment is predicted to touch $1.74 billion and record CAGR of 4.91% by the end of forecast period. Rising demand of esters in reciprocating compressors due to original equipment manufacturers like Ingersoll Rand as well as recommending usage of compressor oil is predicted to fuel segment growth.

Application Trends

Global synthetic lubricants market is segmented into applications like metalworking fluids, engine oils and heat transfer fluid (HTF).

Engine oils contributed more than 40.1% of globalsynthetic lubricants market share for 2015 and is predicted to record CAGR of 4.3% by end of forecast timeline. Main applications of engine oils are rising drain intervals and offering outstanding film protection along with broad functioning temperature range. All these aspects are predicted to enhance the demand for engine oils segment.

HTF or heat transfer fluid removes water and heats reboilers in chemical and oil & gas sectors. Due to this property the demand of HTF segment is predicted to grow in future. It is projected to surpass 291 kilo tons of production by end of 2023. Further, these fluids are also utilizedin power steering and as lubricants in four-wheeldrive fluid transfers. The segment is predicted to record CAGR of 4.2% during forecast timeline.

Regional Trends

Global synthetic lubricants industry is segmented into geographical locations like Asia Pacific, North America, MEA, LATAM and Europe.

Asia Pacific, led by India and China synthetic lubricants market, is predicted to consume 245 kilo tons by end of forecast timelineand projectedto record CAGR of 4.6%.Growing high end automobile sales in Asia Pacific is projected to stimulate industry expansion during forecast timeline. Further, superlative features and high performance of synthetic lubricants products as compared to its mineral based counter parts helps in wide use of these products in high end automotive.

Europe synthetic lubricants market price is predicted to surpass $1.67 billion by end of 2023 due to presence of key automobile and airplaneproducing firms like Audi, Airbus, Volkswagen, Rolls Royce, Mercedes and BMW.

Middle East and LATAM synthetic lubricants industry provides unexplored growth avenues for industry participants. But U.S. synthetic lubricants market is equally saturated

Competitive Trends

Key industry participants profiled in the report include Castrol, Amsoil Incorporation, Valvoline, ExxonMobil, Fuchs Group, Shell, Chevron, British Petroleum, Pennzoil, Kendalland Total.

Author NameDhananjay Punekar