Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Bearings Market Size, Revenue, Growth Rate Analysis and Forecast 2024

6 May 2019, The bearings market is primarily driven by process industries and their need to conserve energy. It is projected to generate more than USD 110 million in revenue by 2024. Technological advances and demand from oil & gas, automotive, and construction industries will lead to market growth. The fluctuating prices of steel pose a challenge for the market.


The worldwide market is segmented according to products, applications, and regions. Products encompass ball bearings, roller bearings, and others. Tapered and split bearings are 2 types of roller bearings. ‘Others’ consist of thrust, angular contact, and self-aligning ball bearings.


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Ball bearings are predicted to lead the bearings market over the forecast period (2016-2024) due to its ability to reduce friction between different machine components. Deep groove bearings are simple in design and used in radial loads. They are estimated to garner huge growth in the next six years on account of being low-maintenance. Split roller bearings are used in shafts and other hard to reach locations.


Electronics, agriculture equipment & machinery, mining & construction equipment, railway & aerospace, and automotive constitute as major market applications. Demand for automotive components will trigger market demand over the next six years. Railway & aerospace sector will experience a similar growth rate on account of increasing dependency by the normal public to use these transportation modes to commute.

Regions covered under the market are North America, Latin America, Asia Pacific, MEA (Middle East & Africa), and Europe. Asia Pacific reigned over the bearings market in 2015 owing to infrastructural projects and rapid industrialization. The market will gain major demand from Western Europe, the U.S., and Japan; due to these countries adopting the latest technologies.


The market is highly competitive in nature. Timken, SKF, NTN Corporation, Schaeffler Group, and NSK Global are some of the top players operating in the bearings market. They are primarily targeting applications in which engineering and manufacturing processes give them an edge over their competition.


Companies are also investing in technology based on recent trends like wind energy. Bearings used in wind turbines will see a development creating new avenues for the market.


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BDO-PTMEG-Spandex Market - Global Industry Analysis, Segments, Top Key Players, Drivers and Trends to 2024

6 May 2019, 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 applications in the production of polymers like urethane elastomers, polyamides, polymaides, etc. However, one of the key PTMEG uses is the production of elastene/spandex/lycra fiber.


The PTMEG market garnered about USD 2.7 billion in 2014. With regards to value chain, BDO is a key raw material in the production of elastene, with PTMEG as the transitional chemical. Globally, spandex produced about USD 2.1 billion in 2014, with China grabbing nearly 30% volumes that year.


Chief governmental policymakers controlling market dynamics are EPA, FDA, REACH, European Commission, and ECHA. The BDO-PTMEG-Spandex market is classified as per applications and regions. BDO applications comprise polyurethanes, tetrahydrofuran (THF) and gamma-butyrolactone (GBL), among some others.


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THF was the biggest BDO segment in 2014. It occupied nearly half of the total volumes the same year. Urethanes, spandex, and copolysters eslatomers (COPE) are the applications of PTMEG. Spandex dominated the PTMEG market in 2014, with over 75% of the global incomes. Textiles were the leading end-user of elastene in 2014.


‘Medical & hygiene’ followed textiles that year. Augmenting hygiene & safety standards across healthcare amenities should complement this segment in the near future. Regions wise, the market is divided into Asia Pacific, North America, Europe, and Central & South America.


In 2014, North America contributed 11.6%, 17%, and 11.3% of the overall PTMEG, BDO, and spandex volumes respectively. The region is marked by adherent policies on human health & ecology. Asia Pacific dominated the market in 2014 regarding the largest sales & consumer base.


Key companies in the global BDO-PTMEG-Spandex market consist of Invista, Dairen Chemicals, DuPont, BASF, and Ashland. Market earnings are shared by highly integrated firms. By placing themselves through the value chain, these firms meet the requirements of different end-users and application segments. 


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Automated Test Equipment Market Size, Share, Emerging Trends, Analysis and Forecasts 2016-2024

6 May 2019, 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 to positively impact the overall market. The automated test equipment market is categorized as applications, products, and regions.


The IT & telecommunication occupied over 50 % of the overall market in 2015 due to the proliferation of smartphones tablets, computers, etc. in the market along with the growing importance of effective communication. The automotive sector is likely to exhibit a considerable growth due to rising integration of advanced electronic devices in vehicles.


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The products sector of the automated test equipment market comprises discrete, memory, and non-memory. The non-memory product sector led the market in 2015 and occupied over 75 % of the total market share. The discrete product sector is generally developed in-house as companies avoid investing in costly test tools for low-cost discrete component testing. The sector is anticipated to experience a huge growth in future.


Geographically, the APAC market for automated test equipment led the global market in 2015 occupying over 70 % of the total revenue. The region is further anticipated to continue dominating the global industry over the forecast period. This can be attributed to the rapid technological improvements and the presence of several semiconductor industries in the region. The demands in the European market are characterized by reducing semiconductor consumption as well as reducing expenditure levels of the manufacturers. The rest of the world is said to experience a significant growth over the next few years.


Some of the major companies operating in the global automated test equipment market include Advantest Corp.; LTX-Credence Corp.; and Teradyne Inc. The companies are striving towards cost-effectiveness in the manufacturing process of these devices. The development of fresh instrumentation and improving test platforms along with sustaining a close relationship with consumers are projected to be the major growth strategies.


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Bio Based PET Market is Growing Exponentially in Order to Gain More Demand by 2024

6 May 2019, The worldwide bio based PET market stood (in volume terms) at nearly 496 kilo tons in 2015. The market is expected to grow at a CAGR over 42% during the forecast period (2016 to 2024). Greater awareness among consumers and stringent environmental regulations to promote eco-friendly products can drive the industry. The emergence of bioplastics as a substitute in packaging & automotive industries can catapult market growth. Unstable crude oil prices and heightened concerns regarding greenhouse gas (GHG) emissions may promote the demand for bio based polyethylene terephthalate (PET) products.


Bio based PET are biodegradable products made from monoethylene glycol (MEG) and terephthalic acid (PTA). MEG is a product derived from sugarcane ethanol and purified PTA. Bioplastics are used to make cups, bottles, bags, carpets, furniture, films, and other packaging materials. The wastes from these materials emit around 30-70% less carbon dioxide than most conventional plastics.


The global bio based PET market is divided into applications and regions. Applications include technical (automotive & electronics), consumer goods, and packaging (bottles), and other packaging. The packaging goods segment held the largest share exceeding 75% of the total market shares in 2013. The product is mainly used for packing carbonated soft drinks. Surging consumption of beverages may positively affect market demand in the forecast period.


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Technical applications could witness robust growth due to demand for lightweight materials in automotives. Sustainable polyethylene terephthalates weigh less, which makes them ideal for automotive exteriors. Use of these materials by companies, like Nissan, Toyota Motors, and AT&T can propel demand for the product by 2024.


Regions in the global bio based PET market are North America, Europe, Asia Pacific, and Rest of the World (ROW). In 2015, Asia Pacific dominated the global market. This was because of high consumption of alcoholic beverages and carbonated soft drinks in India and China. This trend is projected to continue till 2024.


Initiatives taken by the Australian Packaging Covenant (APC) to promote sustainable packaging can impel market growth. Europe may witness substantial growth due to the European Commission’s (EC) initiative to promote bio based products. The EC aims at reducing the use of chemical based products and lowering GHG emissions.


The United States government passed a Federal Farm bill urging federal agencies to adopt sustainable materials. This is likely to boost the bio based PET market till 2024. North America could grow at around 41% CAGR during the forecast period. Emphasis on eco-friendly packaging can drive this market.


Major competitors in the global bio based PET market are the Coca-Cola Company, Toray Industries, Toyota Tsusho, and M&G Chemicals. Companies, such as Virent and Anellotech are working on developing bio based PTA. Toray Industries and the Coca-Cola Company have entered business collaborations with manufacturers of bio based products. The Coca-Cola Company markets its bio-PET bottles under the name ‘PLANTBOTTLE’. Other brands in the market comprise PLANT FIBER and GLOBIO. Companies like Ford Motors, The Coca Cola Company, Proctor & Gamble, Heinz & Co., have signed Plant polyethylene terephthalate Technology Collaborative in order to manufacture and use 100% bio based PET products.


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Automotive Electronics Market Is Driven By Growing Demand For advanced driver assistance system Till 2024

06 May 2019,The global automotive electronics market is estimated to be valued more than USD 290 billion by 2024. Rising premium audio system and advanced driver assistance system demands are the key factors anticipated to augment the market growth. Accident recorder systems, emergency call systems, and alcohol ignition interlocks are the technologies that are said to boost the growth in the near future. In addition, rising trend of in-vehicle infotainment is also likely to help boost the market. High complexity levels and lacking awareness about the overall subsystems’ understanding may hinder the growth. The global automotive electronics market is divided into applications and regions.


The application sector comprises body electronics, Advanced Driver Assistance System (ADAS), infotainment, safety systems, and powertrain. The regulatory boards of various economies have taken steps for integrating safety gadgets in cars and other vehicles so as to restrain the occurrence of fatalities caused by road accidents.


Some of the necessary devices utilized to ensure passenger safety are backup sensing system, airbags, on and off switches for air bags, auto dimming mirrors or electrochromatic mirror, head restraints, energy-absorbing steering system, heads-up display, passenger sensing system, and padded knee bolster.


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The ADAS application sector is projected to witness high growth during the forecast period (from 2016 to 2024). This is due to various strict safety regulations resulting in the major adoption of in-car active safety systems. Demands for in-vehicle data storage, to support sophisticated in-car features, are estimated to be the major growth driving factors for infotainment systems.


Geographically, North America dominated the global automotive electronics market in 2015. However, Asia-Pacific is anticipated to experience high growth on account of the rising needs to meet strict standards, to increase product quality, for reduced production costs, and for customized vehicle features. Developing economies including India and China are likely to positively impact the growth of the region.


The major companies operating in the global automotive electronics market include Robert Bosch GmbH; Continental AG; Denso Corp.; Delphi Automotive PLC.; TRW Automotive; Johnson Controls Inc.; and Autoliv AB. The major sustainability and growth strategies used by all such companies include creating technology partnerships with other companies in the ecosystem. Plus, automakers are anticipated to increase the intelligent electronics adoption that makes their products safe to drive and environment-friendly.


Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
      1.1.1 Initial data exploration
      1.1.2 Statistical modeling and forecast
      1.1.3 Industry insights and validation
1.2 List of Data Sources

Chapter 2 Executive Summary
2.1 Automotive electronics market snapshot 2014 - 2024

Chapter 3 Industry Insights
3.1 Market segmentation
3.2 Market sizing and future growth prospects, 2014 - 2024
3.3 Value chain analysis
3.4 Automotive electronics industry dynamics
      3.4.1. Growth drivers
      3.4.2. Industry pitfalls & challenges
3.5 Key market growth opportunities
3.6 Porter's analysis
3.7 Automotive electronics company market share analysis, 2015
      3.7.1. Strategic landscape
3.8 PESTEL analysis



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Light Fidelity (Li-Fi) Market – Industry Analysis, Size, Share, Growth Analysis, Trends And Forecast 2016 – 2024

18 March 2019
The global light fidelity (Li-Fi) market was valued at around USD 455 million in 2015. It is expected to grow beyond USD 101 billion during the forecast period (2016- 2024).

Light fidelity is a visible light communication (VLC) system. This system runs high speed wireless communications. Li-Fi uses common household LED light bulbs to transfer data boosting speed up to 224 gb (gigabits) per second.


Increasing need for eco-friendly technology is expected to drive the market. Moreover, longer life, low power consumption, and high illumination are expected to augment market growth in the coming years. Government promotion for these lights is expected to boost market growth till 2024. The light fidelity market is split into components, application, and geographies.


Li-Fi components include LED, photo-detector, and microcontroller. LED based light-fidelity devices held over 40% of the market share in 2015.


These LED lights can be controlled to switch on and off to generate a digital string of binary numbers. Moreover, it can also change colors to red, green, and blue.


Photo-detectors, accounted for over 30% of market revenue in 2015. Microcontroller segment was valued at more than USD 95 million that year.


On the basis of application, the industry is split into automotive & transportation, consumer electronics, defense & security and aviation, healthcare, and retail. Retail sector held market shares surpassing 30% in 2015.


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The automotive & transport segment is anticipated to witness a CAGR of over 80%. This segment is expected to grow at the fastest rate. Technological advancements and communication machinery of cars is expected to increase adoption of these lights in traffic and car lights.


Geographies comprise of North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa (MEA). North America light fidelity industry accounted for more than 40% of the global market share, in 2015. This region is expected to grow at a CAGR of around 76% during the forecast period.


Europe has established the infrastructure of Li-Fi communication systems and is expected to show positional growth in the region. This will create a large platform for market growth in the coming years.


The light fidelity market in Asia Pacific was valued at over USD 95 million in 2015. It will witness a significant growth of around 30% by 2024. This growth can be attributed to the contribution made by countries like Korea, China, and Japan.


Key market players encompass ByteLight Incorporated, Lightbee Corporation, Ibsentelecom Limited, and PureLifi Limited. The adoption of Li-Fi is at its budding stage and is used in limited niche applications. Therefore, an extensive research & development investment could benefit the players in the long run.


Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/next-generation-technologies-industry

Kitchen Appliances Market Outlook,Size,Share, Competitive Analysis & Industry Survey 2024

18 March 2019

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 spread awareness about energy consumption can promote environment friendly and energy efficient products. Health conscious and geriatric population requires kitchen appliances that require less oil. The penetration of these appliances in the market can further propel industrial growth. The kitchen appliances market is divided into products, fuel type, product structure, applications, and regions.


By products, the market is segmented into dishwasher, refrigerator, cooking appliance, and other appliances. Refrigerator accounted for over 40% of overall revenue share. It is expected to grow at a CAGR of around 5% till 2024


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Applications are split into commercial and residential. Commercial refrigerators are widely used in supermarkets, convenience stores, restaurants specialty food stores, grocery stores, and cafeterias. Residential segment was valued surpassing USD 100 billion in 2014. It is expected to be the leading sector in the coming years.


Regions encompass North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America is likely to dominate global revenue in the coming years.


Asia Pacific kitchen will witness a considerable growth due to the rise in the middle class population. The ‘Make in India’ program established by the Indian government can further boost the market competitors and growth in the region in the coming years.


Some of the major industrial players are Samsung Electronics, Whirlpool Corporation, Haier Group, LG Electronics, and Morphy Richards Limited. Development strategies include acquisition and product launch. Acquisition helps companies share technological requirements. Electrolux introduced an in-oven Cam prototype, which is an oven with a built-in camera to monitor food.


Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/electronic-devices-industry

Organic Personal Care Market 2019 Key Growth Drivers, Challenges, Demand and Upcoming Trends

18 March 2019

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 of ‘demand generation.’ Both these factors can drive market demand in the near future. Organic products are made from plant roots, essential oils, herbs, & flowers coupled with naturally-available emulsifiers, humectants, additives, & surfactants.


This market has greatly evolved across the globe. Sales trainings for ‘consumer education’ regarding superior ‘beauty products’ should propel market revenues. Client awareness about personal health is also likely to add market growth till 2024. Enhanced living standards and increased disposable earnings of the employed ‘middle-class’ populace across developing Asian Pacific nations may propel the market in the forecast period.


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However, discrepancies in ‘feedstock supply’ would hinder the market. Technological advancements and research & developments in processing & cost-efficient manufacturing were the key drivers of organic personal care market in the recent years. Research on developing customized & sophisticated products can open market prospects.


The market is split by products and geographies. Products comprise skin care, hair care, oral care, and others. Skin care led in terms of demand and surpassed USD 2.5 billion in 2013. Hair is estimated to grow at nearly 9.8 percent CAGR during 2014 to 2020. Oral care captured 13 percent shares in 2013 and should undergo high growth. Its shares could be attributed to escalating gum diseases. 


The geographies are Asia Pacific, North America, Europe, and rest of the world. North America reigned in the recent past and has regional prospects in Mexico. Europe and Asia Pacific followed North America and were pushed by customer inclination and advanced products. The worldwide organic personal care market is mainly characterized by product innovations.


Some of its players are L’Oreal; The Body Shop; Aveda Corp.; and Amway. Few companies have introduced ayurvedic substances; like clove, tulsi, lemon, neem, etc.


Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-additives-and-nutricosmetics-industry

LiDAR Market Present Scenario and Growth Prospects 2016 – 2024

18 March 2019

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 factors are propelling market growth.


However, LiDAR system’s components like laser scanner, navigation systems, high-resolution 3D cameras, etc. are expensive. This coupled with poor consumer awareness may hamper its future prospects.


The market is segmented as per applications, products, components, and regions. Applications are divided into civil engineering, government, topographical surveys, corridor mapping, and military & defense. Civil engineering, which includes areas like power line deployments and flooded mapping, would grow at a CAGR of 17% over the forecast period.


Topological surveys, and military & defense are projected to grow at a steady rate till 2024. Government applications could increase owing to technological developments in forestry management, railways, roadways, etc.


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Products comprise short range, airborne, mobile, and terrestrial. Terrestrial products held over 30% of the total revenues in 2015. Their advantages include remote acquisition and measurement, and high point density data. Mobile systems are foreseen to grow at a CAGR of over 24% in the next eight years. This attributes to surging demand for accurate, high-resolution 3D geospatial data.


Components include   laser scanners, GPS (Global Positioning System), data storage & management, navigation/IMU (Inertial Measurement Unit), and others. ‘Others’ consist of MEMS (Micro-Electro-Mechanical Systems) mirror and cameras. IMU is expected to grow at a 23% CAGR through the forecast period.


North America, Europe, Asia Pacific, Latin America, and MEA (the Middle East & Africa) constitute the regional segments of the LiDAR market. North America is poised to dominate by 2024. It could account for over 39% of the market revenues that year. This is credited to widespread adoption of advanced 3D imaging technologies by the U.S. government. Asia Pacific should grow owing to escalating spending on military & defense.


Key players in the global market include Aerometric Quantum Spatial, Airborne Hydrography AB, Reigl Laser Measurement System GmBH, Michael Baker International, Lecia Geosystems AG. They focus on collaborations, acquisitions, and product launches to gain market share.


Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
      1.1.1 Initial data exploration
      1.1.2 Statistical modeling and forecast
      1.1.3 Industry insights and validation
1.2 List of Data Sources

Chapter 2 Executive Summary
2.1 LiDAR industry 3600 synopsis, 2016 - 2024
      2.1.1 Business trends
      2.1.2 Application trends
      2.1.3 Regional trends

Chapter 3 LiDAR Industry Insights
3.1 Industry segmentation
3.2 Industry size, forecast and growth prospects, 2016 - 2024
3.3 Industry ecosystem analysis
      3.3.1 Vendor landscape
3.4 LiDAR industry dynamics
      3.4.1 Growth drivers
   High demand in environmental applications
   3D imagery demand
      3.4.2 Industry pitfalls & challenges
   Low degree of awareness
3.5 Key market growth opportunities
3.6 Porter’s analysis
3.7 Competitive landscape, 2016
      3.7.1 Company strategy overview
3.8 PESTEL analysis

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/communications-infrastructure-industry

EPA/DHA (Omega 3) Ingredients Market Analysis Covering Market Size, Growth Factors, Demand, Trends And Forecast 2024

12 March 2019

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 & animal feed, functional foods, and infant formulas. The dietary supplements sector sales surpassed USD 985 million in 2015. The pet & animal feed sector was the second largest sector and occupied more than 15 % of the overall demands in 2015. This application sector is said to experience an average growth with a CAGR of over 6 % during the estimated years. The pharmaceuticals sector is expected to grow at a healthy CAGR of over 6 % from 2016 to 2024.


Browse Details of Report @ https://www.hexaresearch.com/research-report/epa-dha-omega-3-ingredients-market


The sources of the EPA/DHA (Omega 3) ingredients market include high concentrates, anchovy / sardine oil, medium concentrates, algae oil, low concentrates, tuna oil, salmon oil, cod liver oil, krill oil, and menhaden oil. The anchovy/sardine oil sector dominated the overall market in 2015. Its prices are said to increase on account of the partial ban by Peru’s Ministry of Production (Produce) due to the presence of a large number of anchovy juveniles. The algae oil sector is expected to experience the highest growth rate of over 9 % over the forecast period as a result of the rising consumer preferences towards plant source-derived products.


Geographically, North America dominated the global market in 2015 exceeded valuation of over USD 750 million. Fresh product launches along with the rising awareness about omega 3 ingredients-enriched products for infants are expected to augment the demands in this region. Europe is likely to experience a steady growth with a CAGR of over 4 % from 2016 to 2024. The market share of Asia-Pacific, mainly driven by China and Japan, is anticipated to grow at a CAGR of over 8 % over the estimated years.

The key companies of the EPA/DHA (Omega 3) ingredients market are Croda International PLC.; ProNova Solutions LLC.; and Omega Protein Corp.


Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/nutraceuticals-and-functional-foods-industry

eClinical Solutions Market Overview And Growth Prediction 2016 To 2024

12 March 2019

The global eClinical solutions market is anticipated to exceed USD 13 billion by 2024. The major growth driving factors include a rise in the R&D activities by various pharma and biopharma companies, growing application of software solutions in medical trials, rising government funding for promoting clinical research programs, increasing consumer base, and so on. In addition to this, rising outsourcing of medical trials to Contract Research Organization (CROs), growing medical research programs in various Asian countries along with the development of low-cost modules are also projected to boost the market growth.


However, high implementation prices, the lack of skilled labor & awareness about clinical data sciences software are likely to hinder the growth of the market in the near future. The global market is divided into products and regions.


Browse Details of Report @ https://www.hexaresearch.com/research-report/eclinical-solutions-market


The products sector includes Electronic Data Capture (EDC), Electronic Clinical Outcome Assessment (ECOA), Clinical Data Management Systems (CDMS), Randomization and Trial Supply Management (RTSM), Safety Solutions, Clinical Data Integration Platforms, Clinical Trial Management Systems (CTMS), and Electronic Trial Master File (e-TMF). The ECOA sector is projected to experience the maximum growth rate over the forecast period (from 2016 to 2024), while the CDMS and EDC sectors are anticipated to dominate the market through the year 2016.


Regionally, the global eClinical solutions market is segregated as Latin America, North America, Asia-Pacific, Europe, and the Middle East & Africa. As of 2016, the North American market is expected to dominate the global market occupying the largest industry share. The major factor for this growth is the growing number of ongoing medical trials in the region. Some other factors include the rising government support for clinical trials, extensive Research & Development activities resulting in the production and launch of innovative products, and the increasing occurrences of lifestyle diseases. The APAC region is also likely to witness a rapid growth over the next few years. The rising participation of developing countries in the clinical trials is said to augment the market growth during the estimated years.


The key companies operating in the global eClinical solutions market are Parexel International Corp.; ERT inc.; Oracle Corp.; BioClinica; DataTrak International Inc.; Medidata Solution Inc.; Merge Health Inc.; CRF Health Inc.; OmniComm Systems Inc.; and eClinical Solutions LLC.


Table of Content

Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope & assumption
1.3. List of data sources

Chapter 2. Executive Summary
2.1. eClinical Solutions Market - Industry Summary and Key Buying Criteria, 2016 - 2024

Chapter 3. eClinical Solutions Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects, 2016-2024
3.3. eClinical Solutions: Market dynamics
      3.3.1. Market driver analysis
   Increasing externalization of clinical trial studies by the large biopharma and pharma companies
   Presence of a strong range of products in pipeline
      3.3.2. Market restraint analysis
   Scarcity of skilled research professionals
   Lack of recognition
3.4. eClinical solutions market: Industry trend analysis
3.5. eClinical solutions market: PESTEL Analysis
3.6. eClinical solutions industry analysis - Porter's Five Forces Model
3.7. eClinical solutions: Company market share analysis (%), 2016
3.8. Key opportunities prioritized


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Waterproof Breathable Textiles (WBT) Market Projected to Grow Radiantly by 2024

12 March 2019

The global waterproof breathable textiles (WBT) market is anticipated to reach above USD 2 billion by 2024. The rising preference towards comfortable as well as superior apparel is projected to spur the market growth during the forecast period (from 2016 to 2024). Moreover, growing customer disposable incomes and increased fitness consciousness are also estimated to positively affect WBT market growth. The rising usage of recycled Polyethylene Terephthalate (PET) bottles to produce water-resistant breathable fabrics is also projected to boost the industry growth.


The global Waterproof Breathable Textiles (WBT) market is categorized as water-proof breathable textiles (WBT), products, applications, and regions. The WBT sector includes coated fabrics, densely woven fabrics, and membranes. Membranes are estimated to witness the fastest growth on account of their ability to protect from airborne pollutants, temperature variations, and UV-radiation.


The products sector includes footwear, garments, and gloves. The waterproof breathable garment sector is anticipated to occupy a considerable industry share over the next few years. This is mainly due to the growing demands for WBTs in active sportswear as they provide high performance and benefit many customers, especially sports enthusiasts.


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The applications segment comprises active sportswear. The WBTs allow complete prevention from the absorption and penetration of sweat or water during any intense physical activity, and thus these textiles are utilized extensively across active sportswear. In addition, WBTs are primarily utilized in the production of athletics, casual, outdoor, or ski apparel. All the above aspects are estimated to favorably impact the growth of the global Waterproof Breathable Textiles (WBT) market.


Geographically, Europe was the domination regional market in 2015. It held over 30 % of the overall market share. The region is further expected to grow on account of the presence of various key market players. On the other hand, the Asia-Pacific market is also anticipated to experience huge growth opportunities in the near future.


The major companies of the global Waterproof Breathable Textiles (WBT) market include eVent (General Electric); W. L. Gore & Associates; Polartec LLC; and Sympatex Technologies GmbH. Among which, W. L. Gore & Associates dominated the global market in 2013. The company focuses on keeping a tight control over the production process for all its products, in which its fabric was utilized, ensuring the quality. Moreover, all these market players focus on providing recyclable, environmentally feasible PFC-free and PTFE-free products.


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Barcode Printers Market – Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2022

12 March 2019

The global barcode printers market value is projected to grow beyond USD 3.8 billion by 2024. Barcode printers are specialty printers which facilitate the printing tags or barcode labels that are openly printed on or connected to physical objects. They are usually used to tag cartons or retail objects with European Article Numbers (EANs) or Universal Product Codes (UPCs) prior to shipment. They also find usage in printing barcodes on wristbands for individual recognition in hospitals or events.


Key products are industrial printers, desktop printers, and mobile printers. Mobile printers are mainly used by organizations’ sales employees for tickets, printing receipts, and labels, irrespective of the place and name. Desktop printers can be used for printing low to mid-volume labels, wristbands, receipts, and barcode. Industrial printers can also be used for high volume purpose counting order labeling and warehouse labeling. They are intended to function 24/7 in callous environments for mission critical operations.


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Several print technologies are accessible in the barcode printers industry, that can be bifurcated into two chief groups, that is, impact and non-impact printing methods. Impact printing consists of drum printers and dot matrix, while non-impact printing involves laser printers, direct thermal, thermal transfer, and inkjet printers. Conversely, dot matrix segment is said to be the inexpensive technique for creating low to medium density on-site barcodes using numerous dots printed in matrix figure to make a sequence of lines and spaces. Inkjet printing finds usage in settings where high production of barcodes is necessary at a quicker pace.


Based on end-users, the market has been sliced into healthcare, shipping, retail, government, manufacturing, retail, and shipping. Barcode printers in healthcare sector are used for issuing wristbands and tags that assist in patient recognition and tracking services, specimen labeling, and point of care (POC) medicine administration. Barcodes, in manufacturing sector are used for inventory labeling used to establish inventory control and allows work-in-progress (WIP) tracking.

North America and EMEA are anticipated to lead the barcode printers market in the coming years owing to improved demand from the U.S. and Western European nations. Key market players in the barcode printers market include Toshiba Tec, Zebra Technologies, Honeywell Scanning & Mobility, Avery Dennison, and SATO Holdings Corporation.


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Automated Fare Collection (AFC) Market Value is Expected to Exceed $8.5 Billion by 2024 | Hexa Research

12 March 2019

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 several high transit areas counting huge commercial workplaces, government buildings, and public transport ports. The increasing demand for proficient, automated, and tranquil transportation is spurring the requirement for automated fare collection systems.


The escalating focus on improving the transport infrastructure, safety measures, and simplicity for the purchaser is likely to stimulate the industry growth in the near future. However smooth revenue collection and initial high cost of setting up can influence the automated fare collection systems, thereby, propelling the overall market demand during the forecast period (2016-2024).


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The global market can be segmented by technologies, components, systems, system components, and regions. Technologies are magnetic strip, smart Card, NFC, and OCR. Components consist of hardware software. Systems include fare gates, ticket vending machine, ticket office machine, and IC cards. Market systems components are ticket vending machine by component, ticket office machine by component, fare gates by component, and IC cards by components.


Key regional segments in the market comprise North America, Europe, Asia-Pacific, the Middle East & Africa (MEA), and Latin America. Europe dominates the total AFC market and is strongly followed by the North American market due to a developed transportation communications.


The overall automated fare collection market is extremely competitive in nature. The key manufacturers are NXP Semiconductor, Omron Corporation Thales Group, LG Corporation, Advance Cards Systems, Fare Logistics, and Samsung SDS.


Strategic mergers & acquisitions and partnerships and are projected to be the most successful strategies for market players to acquire a competitive benefit in the promising markets. Also, this will potentially augment their technological capability. There has been a novel trend of partnerships among the transit service suppliers and product makers for the integration and interoperability of systems.


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Bioplastic Packaging Market to 2024: Historical Analysis, Growth Rates, Generation, Investment Trends and Opportunities

07 March 2019

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 by 2024.


Keeping these driving factors in mind, companies are ramping up their production capacity as well as foraying into R&D of application of new biopolymers into mainstream applications. For instance, in October 2016, BASF and Avantium entered into a joint venture to form Synvina JV, which will manufacture and market FDCA and PEF. Synvina JV has a production capacity of 50,000 metric tons per year for FDCA and PEF.


Moreover, companies are focusing on R&D to expand the utilization of different raw materials such as PBS, PLA, and PBAT in various mainstream packaging applications. For instance, in April 2017, UK-based Biome Bioplastics developed a fully compostable and recyclable coffee cup made entirely from bioplastic materials. These factors together are expected to provide an impetus to the growth of the bioplastic packaging market over the next seven years.

PET dominated the global market contributing to USD 1.84 billion in 2016. The polymer was extensively used in rigid packaging on account of its high durability, transparency, and ease of moldability. Initiatives undertaken by companies such as Coca-Cola, P&G, and Heinz to use bio-based materials for packing beverages, sauces & spreads and cosmetics is expected to bolster the growth of the rigid packaging market.


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Increasing demand for flexible packaging solutions on account of several benefits including size and weight particularly in food applications coupled with rising demand for biodegradable films is anticipated to boost the growth of the market. The segment is expected to grow at a volume CAGR of 20.6% from 2017 to 2024.

Food packaging accounted for 9% of the overall market share in 2016 and is likely to witness above average growth as a result of rising consumer requirement for eco-friendly packaging. Aesthetic attributes such as transparency, size, weight and presentation are expected to drive the growth of the segment over the projected period.


The growth of the global bioplastic packaging industry driven primarily by consumer demand is also likely to be favored by the implementation of stringent regulations for its synthetic counterparts. Despite the fall in crude oil prices, companies such as BASF, Arkema Dow, Solvay, and Braskem are continuing production at their facilities and focusing on R&D. These factors are likely to result in a tremendous growth of the global bioplastic packaging market growing at a revenue CAGR of 28.3% over the next seven years.


Hexa Research has segmented the global bioplastic packaging market on the basis of raw material, product, application and region:

Segmentation by raw material, 2014 - 2024 (Kilo Tons) (USD Million)
• Polyethylene terephthalate (PET)
• Polyethylene (PE)
• Other non-biodegradable polymers
• Polybutyrate (PBAT)
• Polybutylene succinate (PBS)
• Polylactic acid (PLA)
• Polyhydroxyalkanoates (PHA)
• Starch blends 
Segmentation by product, 2014 - 2024 (Kilo Tons) (USD Million)
• Rigid
• Flexible
Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million)
• Plastic bottles
• Food packaging
• Others
Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million)
• North America
    • U.S.
• Europe
    • Germany
    • UK
• Asia Pacific
    • China
• Central & South America
    • Brazil


Key players analyzed:
• Arkema Inc.
• The Dow Chemical Company
• Novamont
• Corbion
• Solvay
• Toray
• Braskem
• NatureWorks, LLC
• Royal DSM N.V.


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Titanium Dioxide (TiO2) Market Global Trends, Size, Share, Growth and Forecast 2014 to 2024

07 March 2019

The global titanium dioxide market is expected to reach USD 27.49 billion by 2024 owing to the increasing demand of titanium dioxide in paper, paint & coating, cosmetics, and plastic industries. In 2014, DuPont titanium technologies started a manufacturing facility in Alamira, Mexico having a capacity of 200,000 tons/year which will help in fulfilling the demand worldwide.


Rising demand for lightweight automobiles is expected to play a vital role in growth of global titanium dioxide market. Materials such as polycarbonates are used in manufacturing of lightweight automotive which have low scratch resistance value. Also, the product is used in various industries such as chemical intermediates, fiber, technical titanium, inks for printer and rubber.


Keeping these driving factors in mind, companies are ramping up their production capacity. In 2015, PPG International entered in a partnership agreement with Henan Billions Chemicals Co. LTD. to setup a new manufacturing unit for titanium dioxide which is expected to produce 100,000 metric tons per year to expand its footprint in Asia Pacific. Companies such as Argex Titanium are using unique patented CTL process which involves low cost feed stock material and solvent extraction method to produce high quality product.


Also, companies are focusing on increasing the applications of titanium dioxide int water treatment using techniques such as photo catalysis, in which titanium dioxide is used to speed up the solar disinfection process.


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In 2016, paint & coating segment contributed 57.4% in terms of revenue. It was also extensively used in plastics industry, paper industry, inks, and other specialty segments. The growth of these sectors is expected to boost the market positively over the next few years.


Plastic industry was the second largest segment due to the increasing applications as an excellent thermal stabilizer. In 2016 plastics segment contributed 23.2% in terms of revenue and is expected to grow with a positive CAGR during forecast period.


Paper industry is the third largest user of titanium dioxide and contributed 10.4% in terms of revenue globally. Titanium dioxide is used in manufacturing of decorative papers, these are used in manufacturing of flooring, furniture and wallpapers. Demand for high end furniture is increasing which is expected to boost the demand for titanium dioxide. The paper industry is expected to contribute about 10.4% during the forecast period.

The global titanium dioxide market is expected to grow at a very lucrative rate due to its use in various above mentioned industries. Also, titanium dioxide is used as a substitute for talc and kaolin which in turn is expected to boost the market for titanium dioxide.


Hexa Research has segmented the global TiO2 market on the basis of manufacturing process, ore, application and region:

Segmentation by manufacturing process, 2014 - 2024 (Kilo Tons) (USD Million)
• Chloride route
• Sulfate process
Segmentation by ore, 2014 - 2024 (Kilo Tons) (USD Million)
• Anatase
• Rutile
Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million)
• Paints & coatings
• Plastics
• Paper
• Inks
• Specialties
• others
Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million)
• North America
    • U.S.
    • Canada
• Europe
    • Germany
    • UK
• Asia Pacific
    • China
    • India
• Central & South America
    • Brazil
• ME
    • Africa

Key players analyzed:
• Argex Titanium Inc
• The chemours company.
• Cristal
• KRONOS worldwide Inc.
• Tronox limited
• Ishihara sangyo kaisha LTD.


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