Monthly Archives: September 2015

Automotive MEMS Sensor Market is Expected to Grow at 6% CAGR During 2015 – 2020: P&S Market Research

Micro-fabrication is the primarily used technology for the design and development of MEMS. The IC fabrication technology provides a powerful tool for the miniaturization of mechanical systems, and batch processing technique that cannot be performed with the traditional machining techniques. In addition, the IC fabrication technique offers integration of the mechanical systems with electronic, to provide close loop controlled MEMS performance. The advancement in the IC fabrication technology has also boosted the cost effective fabrication process of MEMS.

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Globally, the passenger car market is growing at the fastest pace in Asia-Pacific. The increasing middle class population, upsurge in urbanization and strengthening transportation infrastructure in developing countries, such as India and China, raised the demand of passenger cars in Asia-Pacific to a record height in 2014. The passenger car market in China has witnessed a double digit growth rate during the past few years. Currently China accounts for about 17.9 million vehicles, despite of its slightly lower economic growth, while the automotive sector in the country is expected to witness a robust growth during the next five to six years.

The global automotive MEMS sensor market was valued $2,600.5 million in 2014, and it is expected to grow at a CAGR of 6.0% during 2015-2020.

The automotive MEMS foundry outsourcing is very limited, as compared to the MEMS sensor foundries for the consumer electronics products. An exception can be seen in the partnership of Freescale with the Dalsa foundry. However, the outsourced foundry services are only limited to lower end products such as pressure sensor, whereas Freescale’s foundry retains its in-house manufacturing of high-value technologies of automotive MEMS sensors, such as accelerometers and gyroscopes. The major automotive MEMS players, including Bosch, still perceive the in-house MEMS fabrication as a dominant manufacturing process for the automotive MEMS sensor.

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The increasing adoption of advanced driver assistance system (ADAS), and growing need of inter vehicle communication (connected car) has increased the number of sensors integration in automobiles. The automotive MEMS sensors market is highly consolidated. The MEMS sensor manufacturing companies are heavily emphasizing on the growing sales of passenger cars, with sensing technologies designed for the vehicle and driver safety. North America witnessed the highest revenue from safety and chassis, due to large scale adoption of electronic stability controls in new vehicles. MEMS pressure sensors are extensively used in range of automotive applications, including oil pressure monitoring, nitrous monitoring, brake monitoring, and transmission.

In addition, the pressure sensor are also used in the automotive side airbags, exhaust gas recirculation pressure measurement, tire pressure monitoring systems (TPMS), barometric pressure measurement, and direct-injection systems of gasoline. The increased popularity of sports racing vehicle, due to the popularity of racing events such as formula One and others, is laying new market opportunities for the automotive MEMS pressure sensor market.

North America and Europe remains the two largest markets for the automotive MEMS sensors, while Asia-Pacific along with Rest of the World regions have witnessed comparatively higher growth rate, in the past few years. The growth in the Asia-pacific region is led by China and India. Brazil is largest and fastest growing regional automotive MEMS sensor market in Rest of the World region.

The major companies operating in the global automotive MEMS sensors market include Robert Bosch GmbH, Invensense Inc., Denso Corporation, STMicroelectronics N.V., Analog Devices Inc., Delphi Automotive PLC, Freescale Semiconductors Ltd., Infineon Technologies AG, Sensata Technologies Inc., Hitachi Ltd., and Panasonic Corporation.

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About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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Geocells Market Global Suppliers and Production Report

DeepResearchReports.com adds 2015 Market Research Report on Global Geocells Industry spread across 234 pages covering 10+ company profiles.

This is a professional and in-depth study on the current state of the Geocells industry (http://www.deepresearchreports.com/123980.html). The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.The Geocells market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. With 330 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

The Geocells industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. Geocells Industry Key Manufacturers included in this research are Strata, TENAX, Atarfil, TYPAR, Terram, AllianceGeo, Maccaferri, HANES GEO COMPONENTS, Hongxiang, Taian Road Engineering, Hengshui Baoli, Haining Jihua, Nanyang Jieda, Gansu Newcentry, Anhui Huifeng, Yixing Huadong, Anhui Zongwan etc.

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Another market research China Geocells Industry provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Geocells market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. With 276 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

The report focuses on twenty-three industry players providing information such as company profiles, product picture and specification, capacity production, price, cost, production value and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Geocells industry (http://www.deepresearchreports.com/124637.html) development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

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Industrial Paints and Coatings is Expected to Realize the Fastest Growth During 2015 – 2020: P&S Market Research

The advancements in the end user industries of paints and coatings, growing infrastructural developments, and increasing architectural interest in the developing countries, are the key drivers of the global paints and coatings market. The increasing per capita income of the global population has led to an upward trend, in renovation of residences. In developing countries, the trend of using different color shades in the bedroom is increasing across all the age groups, especially in China. Asian Paints’ Royal Play is getting popularity in India, due to its ready-to-use paints with effects and theme for interior decoration.

The company is also concentrating on paints that carry glow themes, for children’s rooms. Therefore, the increasing adoption of new designs, painting and coating concepts is driving the growth of the paints and coatings market. The construction industry is growing at a faster rate, than the global Gross Domestic Product (GDP). The increasing industrial activities globally, are further propelling the growth of the paints and coatings market.

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The products of paints and coatings include architectural and decorative, industrial, and marine. Architectural and decorative accounts for a fair share in North America and Europe. However, they have less prevalence in Asia-Pacific and Rest of the World, due to the dominance of industrial paints and coatings in the region.

Numerous governments imposed regulations in 2009, against non-low volatile organic compounds paints, which in turn supported the growth of the green coatings market. Organizations such as Leadership in Energy and Environmental Design (LEEDS), U.S. Environmental Protection Agency (EPA), Green Seal and South Coast Air Quality Management District (SCAQMD) have established standards regarding volatile organic compounds. Low volatile organic compounds are present in green coatings, to preserve low vapor pressure inside the room. The increasing demand for low volatile organic compounds paints is providing ample growth opportunities, for the paints and coatings market.

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Paints and coatings are also used in marine industry for beautification and to protect the fleet from deterioration. In the marine industry, Japan, China, and South Korea are among the forerunners and create high demand for coatings. The demand for paints and coatings in the marine industry is expected to increase in the forecast period, due to increasing maritime and trade. Due to the developments in personal and non-personal spaces, the paints and coatings market are getting opportunities to grow. The growing number of nuclear families and increasing global population has raised the demand for new houses every year, which in turn, generates high demand for paints and coatings.

With the changing trends in construction and consumer’s inclination towards view-through walls, percentage of concrete utilized in walls has been decreasing. For corporate buildings, glass condominium towers are becoming common, due to the better look they give to the exterior of the building without much engineering. Consequently, due to less consumption per building, the sales of paints and coatings have been affected. Asia-Pacific dominates the global paints and coatings market in 2014, in terms of value and volume, and is expected to maintain its dominance in the forecast period. The Asia-Pacific paints and coatings market is expected to grow with the highest rate, in terms of value within the forecast period.

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The major companies in the global paints and coatings market include PPG Industries Inc., The Sherwin-Williams Company, RPM International Inc., The Valspar Corporation, Akzo Nobel N.V., Kansai Paint Co. Ltd., Axalta Coating Systems Ltd., Henkel AG & Co. KGaA, BASF SE, and Asian Paints Limited.


About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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Free Homeowner Insurance Review Offered By AC Insurance Services

September 29, 2015 – – AC Insurance Services, based in West Palm Beach, FL, has recently announced that they are offering a free homeowners insurance policy review. They want to encourage as many people as possible to take advantage of this, as now is the time to review policies. They will help people ensure they have the right coverage and that all available discounts are applied to their policy.

“People too often take out homeowners insurance and never look at it again,” says Pete Steiner from AC Insurance Services. “They simply stay with the same insurance company, keeping the same policy, for years and years. However, if they were to review their policy, they would likely find out that they would be able to find better coverage at a better price with just a little bit of research. And we are here to do that research for them.”

The professionals at AC Insurance Services specialize in finding policies that suit people’s needs. In terms of needs, they look both at what their property means to them and what their personal financial capabilities are. Naturally, insurance for single family homes will be very different from insurance for mansions or studio apartments. As such, budget should not be the sole consideration when trying to identify the best policy.

The services offered by AC Insurance have been positively reviewed for years. “I researched all insurance company quotes for the best deal; and I found some great rates,” says Scott Sternberg. “Peter Steiner beat them all from auto to property to commercial. I was so impressed with not only the rates but the customer service and the client contact.”

Those who are interested in receiving the free policy review are encouraged to contact the company at http://myacis.com/contact/. By leaving their contact details, AC Insurance will then get back in touch with them as soon as possible. They will then review the current insurance policy details and determine where improvements can be made. This service is completely free and no obligation and is aimed primarily at showing people how and where they should be able to get better insurance.

###

Contact AC Insurance Services:

Pete Steiner
(561) 683-2230
westpalmbeach@myacis.com
1274 N. Military Trail
West Palm Beach, FL 33409

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Global E-Cigarette Market Report 2015 Edition Now Available at MarketReportsOnline.com

MarketReportsOnline.com adds “Global E-Cigarette Market Report: 2015 Edition” research report to the Semiconductor and Electronics segment of its online business intelligence and data library.

The complete Report on Global E-Cigarette Market Report: 2015 Edition spread across 54 pages, profiling 3 companies and supported with 7 tables and 38 Charts is now available at http://www.marketreportsonline.com/426658.html

E-cigarette, commonly called as E-cig, is a battery-powered device that gives inhaled doses of nicotine through vaporized solution, a substitute for traditional combustibles tobacco products. The major difference between E-cigarettes and tobacco cigarettes is that an E-cig does not contain tobacco and no combustion takes place when used. The global E-cigarette market has grown considerably with different variants of E-cigarettes since its initial launch in 2007 in developed countries like the US and Europe.

The key factors which are anticipated to drive market growth include growth of E-cigarette users, associated consumer benefits of using E-cigarettes versus conventional cigarette, increasing personal income and low price of E-cigarette among others. Some of the noteworthy industry trends include consolidation in E-cigarette industry, manufacturers going for product differentiation and China to boost E-cigarette market. However, the industry remains threatened by certain challenges which include regulations and restrictions on E-cigarettes.

The report provides a comprehensive study of the global E-cigarette market and also major regional markets. The competition in the global E-cigarette market is highly fragmented, with large players like Reynolds’s American, Imperial Tobacco Group and Altria Group. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.

Purchase a copy of “E-Cigarette Market” research report at USD 800 (Single User License):
http://www.marketreportsonline.com/contacts/purchase.php?name=426658

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Major points from Table of Contents (http://www.marketreportsonline.com/426658-toc.html) are listed below:

1. Introduction: E-Cigarette
1.1 Overview
1.1.1 Working and Design of E-Cigarette
1.1.2 Types of E-Cigarette
1.2 Manufacturing of an E-Cigarette
1.3 Potential Risk and Benefits of Using E-Cigarette

2. E-Cigarette Market Analysis
2.1 Global Market
Market Value
Distribution Channels
Regional Breakdown
2.2 Regional Markets
2.2.1 The US
Market Value
Market Volume
Key Segments
Distribution Channels
2.2.2 Europe
Market Value
Market Volume
UK Market
2.2.3 Canada
2.2.4 Other Regions

3. Market Dynamics
3.1 Growth Drivers
3.1.1 Growth of E-Cigarette Users
3.1.2 Consumption Amount of Nicotine
3.1.3 Price Advantage
3.1.4 Consumer Benefits of Using E-Cigarettes
3.1.5 Low Consumption of Cigarettes
3.1.6 Increasing Personal Income
3.1.7 Increasing Global Population
3.2 Key Trends
3.2.1 More Consolidation in E-Cigarette Industry
3.2.2 E-Cigarette as an Aid to Quit Smoking
3.2.3 E-Cigarette Use among Young Adults & High Income Smokers
3.2.4 E-Cigarette Manufacturers Going for Product Differentiation
3.2.5 China to Boost E-Cigarette Market
3.3 Significant Developments
3.3.1 Heat-Not-Burn Products
3.3.2 Nicotine Inhalers
3.3.3 NRT: Patches, Gums, Lozenges
3.4 Challenges
3.4.1 E-Cigarette Rules and Regulations
3.4.2 Marketing of Both Combustibles and E-Cigarette

4. Competitive Landscape
4.1 Global Market
4.2 Regional Markets
4.2.1 US
4.2.2 UK

5. Company Profiles


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Construction Paints & Coatings Market Trends, Analysis To 2022: Grand View Research, Inc.

New Market Research Reports Title Global Construction Paints & Coatings Market Analysis Size And Segment Forecasts To 2022 Has Been Added to GrandViewReseach.com Report Database

Global construction paints and coatings market size is anticipated to witness a significant growth from 2015 to 2022 owing to increased demand of protective and durable paints in new as well as building and infrastructure developments over the forecast period. Rapid urbanization coupled with increasing consumer disposable income is expected to drive the demand over the forecast period.

Paints and coatings have gained significant demand largely in residential and commercial complexes. Paints usage in enhancing decor has gained surging demand owing to recent innovations induced by architectural buildings. Immense popularity of plastic emulsion paints in this sector can be attributed to its constituents that have lesser VOCs and odor.

Full research report on Global Construction Paints & Coatings Market Analysis:
http://www.grandviewresearch.com/industry-analysis/construction-paints-coatings-market

Added benefit of using paints in infrastructure includes protection of walls and equipment that are exposed to continuous heat and rain. Besides adding gloss and color to the surface, the paints also provide a durable finish; thus, enhancing its resilience to extremities of the external environment.

On the basis of formulation, waterborne paints & coatings are expected to dominate the industry accounting for over 35% of the global market volume share. Water-based products have gained significant share owing to their excellent leveling properties and adherence to environmental regulations.

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Solvent-based coatings along with powder, radiation cure, and specialty coatings have also marked their presence in the industry. Solvent-based paints are expected to witness a declining demand owing to its VOC released during application and negative impact on the environment.

Stringent regulations regarding VOC content in finished products are expected to negatively impact solvent-based paints & coatings demand in future. High commercialization rates of waterborne alternatives having limited VOC content are estimated to provide lucrative opportunities for the industry participants.

Shifting consumer preference towards less toxic paints and coatings providing high-quality performance are expected to drive the R&D initiatives in the industry. Recent advances in paint technology are expected to drive the high-quality water-based paints and coatings demand over the forecast period.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Simply Seaviews Launches YouTube Channel to Showcase Holiday Destinations

Simply Seaviews announces the launch of its new YouTube channel which will feature films about the beautiful sea view locations where its cottages are located.

Helston, United Kingdom – September 29, 2015 /PressCable/

Sea view holiday accommodation specialist Simply Seaviews has launched a new YouTube channel to showcase the awesome range of holiday destinations it covers on its website.

The new YouTube channel will feature short videos showing some of the beautiful and varied destinations where holidaymakers can stay in self-catering properties promoted by Simply Seaviews.

Simply Seaviews – which only promotes cottages by the sea with unobscured sea views – recently published a video all about Devon, highlighting the many reasons which make this an ideal holiday destination for visitors to and from the UK.

The film features images of spectacular coastal scenery, picturesque fishing harbours, beautiful beaches and wildlife to be discovered in Devon’s two sensational national parks – Exmoor and Dartmoor.

Josh Williams from Simply Seaviews said: “Devon is one of the most beautiful regions in the UK, if not the world. It has something to offer everyone, from the surf of the north coast to the sheltered bays of the south coast and the dramatic scenery in between. There are visitor attractions galore and plenty of smart places to eat and drink. It’s a holidaymaker’s dream and we try to capture some of the highlights in our short introductory video.”

To accompany the video on Devon, the company plans to release a series of short videos on other destinations featured on its website. Locations such as Norfolk, Suffolk and Scotland also feature in its list of top sea view holiday destinations and will feature in videos to be added to the YouTube channel in the near future.

Since launching the YouTube channel, Simply Seaviews has received many positive comments about it’s short and simple films showcasing top coastal locations around the UK.

“YouTube is a great platform to help spread the message about the beautiful coastal locations people can visit here in the UK,” commented Mr Williams. “If a picture says a thousand words, a video says tens of thousands in its ability to succinctly convey the highlights of a holiday destination. We look forward to adding more films soon.”

To see the collection of holiday cottages close to the locations featured in the Devon video visit this page: http://simplyseaviews.co.uk/devon

For more information about us, please visit http://simplyseaviews.co.uk/

Contact Info:
Name: Josh Williams
Organization: Simply Seaviews
Address: 71 Meneage Street, Helston, Cornwall TR13 8RB
Phone: 01326 741 090

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SocialCentiv Announces Tremendous Revenue and Account Growth

Dallas, TX, United States, 09/29/2015 /SubmitPressRelease123/

SocialCentiv, whose marketing software helps businesses find new customers on Twitter, announced that its revenue has grown 90 percent since the beginning of 2015.

The bulk of that growth has come via the Dallas company’s January launch of its managed account services unit, which has seen an 80 percent surge in sales over the past 10 months. Using the seven-year-old business’ patented software, SocialCentiv’s managed account services team provides soup-to-nuts outsourcing of a client company’s sales outreach through Twitter.

“We have entered the next phase of our evolution,” said Bernard Perrine, co-founder and CEO. “Our clients love the results our software can provide, including a lower cost per click than Google AdWords and an average conversion rate of 34 percent.”

But as research from Ascend2 has found, 43 percent of marketers believe a lack of in-house resources and skills is among the most difficult barriers they face in achieving success in social media marketing. That number was higher than for any other issue the respondents cited, Perrine noted.

“Many businesses want to use social media to generate revenue, but simply don’t know how,” he said. “Building an in-house team to do the job is costly, difficult and time-consuming. We created our managed account services group to take that chore off our clients’ plates.”

Measuring ROI

In many cases, large, name-brand companies have signed up for SocialCentiv’s managed services offering partly because they can measure the revenue their investment in the service can produce, according to Jason Dove, SVP of sales and marketing.

“A survey from Duke University found only 15 percent of marketers have been able to prove quantitatively the impact of social media on their business,” he said. “That is a recipe for problems down the road. Separate Duke research projected in 2014 that social media outlays would rise from nine percent of marketing budgets at the time to 13.2 percent this year – and to 21.4 percent by 2019.”

The good news for marketing executives is that numerous SocialCentiv clients have received measurable gains in sales that they can attribute directly to using the service, Dove reported.

“A major entertainment venue generated more than $185,000 in revenue on a media cost of $10,000, which included the price of our service. If that’s not a return on investment, I don’t know what is.”

Getting better all the time

In addition to the launch of its managed account services unit, SocialCentiv has made significant upgrades to its software that add speed and simplicity to mining Twitter for sales prospects.

The software, made available over the Internet, uses keywords of its customers’ choosing to provide a list of Tweets from consumers who may be in need of the client’s products or services. The client can then respond to appropriate Tweets with a discount offer.

New features that SocialCentiv has rolled out in 2015 allow clients to handle multiple advertising campaigns on one screen, along with providing suggested replies to consumer Tweets and the ability to track conversions that have turned into sales.

“To paraphrase an old Beatles tune, we’re getting better all the time,” Dove said.

About SocialCentiv

In August 2014, HipLogiq integrated its portfolio of Twitter marketing applications under a single product line, SocialCentiv. The Twitter-certified, powerful, patented software manages Twitter campaigns that search for keywords in order to reach relevant consumers in real time, with greater precision by targeting local Tweets. The software also boasts Spanish-language capabilities to engage the Hispanic market. Now, businesses can sign up for a managed account or opt to manage the account themselves with the online user-friendly, do-it-yourself tool at www.SocialCentiv.com. You can be part of the most relevant Tweets as they happen, spot opportunities first, and make a name for yourself with SocialCentiv.

Since May 2013, SocialCentiv has received $12 million in two rounds of funding. For more information, go to www.SocialCentiv.com, like us on Facebook and follow us on Twitter.

For more information, contact Karen Carrera, TrizCom, 972-207-1935, karen@trizcom.com or @kjcarrera.

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Colored PU Foams Market Growth, Industry Trends To 2022: Grand View Research, Inc.

ew Market Research Reports Title Global Colored PU Foams Market Analysis Size And Segment Forecasts To 2022 Has Been Added to GrandViewReseach.com Report Database

Global colored polyurethane (PU) foams market is anticipated to witness rapid growth over the forecast period owing to growing construction industry. The market is expected to reach over USD 17 billion by 2022 growing at an estimated CAGR of over 7.5% from 2015 to 2022.

Flexible colored PU foams segment was the largest product segment and accounted for over 55% of the market volume share in 2014. Growing furniture, packaging, and automotive industries may attribute to the high product demand. Asia Pacific is anticipated to witness the highest growth over the next seven years owing to high demand from automotive and electronics industry. The demand in this region is expected to grow at a CAGR of over 6.0% from 2015 to 2022.

Full research report on Global Colored PU Foams Market Analysis:
http://www.grandviewresearch.com/industry-analysis/colored-polyurethane-pu-foams-market

Colored PU foams are thermosetting polymers that offer versatile designs, high performance, thermal resistance, and flexibility to the products. Growing construction industry in emerging economies such as India, China, Japan, and Brazil is estimated to positively impact market growth.

Rising product demand in automobile and packaging industry is expected to drive the market over the forecast period. Diisocyanates are major raw materials used for manufacturing polyurethane. Volatile diisocyanate and naphtha prices may hinder industry growth over the forecast period.

Get more information on Global Colored PU Foams Market or request for TOC of this research report at:
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Isocyanates and liquid resin blends are anticipated to contain toxic components that may lead to health hazards. Isocyanates are skin and respiratory sensitizers. Also, glycols, amines, and phosphates that exist in the spray polyurethane foam may cause health hazards. Stringent EPA and REACH regulations regarding increased toxicity levels on using diisocyanates are anticipated to restrain industry growth.

On the basis of product, the market is segmented into flexible and rigid foams. Flexible PU foams was the largest product segment in 2014 on account of rising demand from various end-use industries including automotive, packaging, and furniture. Rigid PU foams are anticipated to witness fastest growth in future on account of growing electronics industry in emerging economies such as India, China, and Japan.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Cogeneration Equipment Market Outlook and Forecast up to 2022: Grand View Research, Inc.

New Market Research Reports Title “Wet Scrubber Market Analysis Size and Segment Forecasts to 2022” Has Been Added to GrandViewResearch.com Report Database

Globally increasing electricity demand coupled with rising application in renewable energy is anticipated to drive cogeneration equipment market over the next seven years. The market is expected to grow at an estimated CAGR of 9% over the next seven years. Rising energy prices is expected to remain a key driving factor for market growth.

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Cogeneration or combined heat and power (CHP) systems are used to simultaneously generate both electricity and heat energy from a single fuel source such as natural gas, biomass, wood, coal, waste heat, or oil. CHP systems can operate at levels as high as 77% to 81% as compared to around 46% efficiency of conventional systems and they can reduce carbon emissions by up to 29% as compared to conventional systems.

Increasing renewable energy projects in developing regions of Asia Pacific and Latin America is expected to fuel demand over the forecast period. Natural gas is the most widely used fuel in combined heat and power (CHP) systems. It is available in abundant quantity, particularly in Russia, the U.S., Canada, Iran and Qatar. Decreasing price and abundant availability of natural gas, supportive government policies along with aging infrastructure are expected to drive CHP equipment demand in the near future.

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CHP is commonly used across a wide variety of applications including residential buildings, oil & gas production facilities, small and large scale industries, and commercial applications such as hospitals, universities and shopping complexes. Cogeneration systems have applications in both the industrial and commercial sector, and even in smaller residential applications. The heat generated from cogeneration plants is used in a wide range of applications including industrial processes and space and water heating

CHP equipments include gas turbines, steam turbines, electric generators, heat recovery steam generators (HRSG), boilers and reciprocating engines. These systems are segmented on the basis of micro or small-scale and large-scale systems depending on the requirement of the customers.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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