A new study by Transparency Market Research indicates that the degree of competitive rivalry in genome engineering rivalry market is likely to remain moderate over the forecast period owing to the presence of a limited number of international and regional players. Sigma-Aldrich Corporation, Thermo Fisher Scientific Inc., and Sangamo Biosciences Inc. are among the prominent revenue contributors to the market. The entry of small regional players in the arena is prompting global players to pay high attention to product innovation.

“To develop innovative, technologically advanced and differentiated products, the leading companies are banking on agreements with laboratories and research institutes and pouring funds into ongoing research and development projects,” says the author of the report. The global market for genome engineering is anticipated to reach a valuation of US$7.21 bn by 2023 from US$2.30 bn in 2015, expanding at a remarkable CAGR of 14.2% from 2015 to 2023.

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North America to Remain Ahead through 2023, thanks to Upswing in Research and Development Activities

By end user, the market will be dominated by the biotechnology and pharmaceutical companies throughout the forecast period. The growth of the segment can be attributed to the rising use of genome engineering technologies in drug discovery and therapeutics. North America will continue to be the frontrunner in the global arena until 2023, rising to a valuation of US$3.68 bn. The widening applications of genome engineering resulting from the increasing research and development activities are contributing to the growth of the region. Asia Pacific will be the most promising regional market, thanks to the increasing government incentives.

Increasing Funding by Biotechnology and Pharmaceutical Organizations to Augment Genome Engineering Market

Pharmaceutical and biotechnology companies worldwide are increasingly realizing the need for advanced gene editing technologies for detecting genetic anomalies. As a result, the number of research and development activities is rising at a significant pace. Large organizations are focusing towards cell mutation to curb genetic and cell diseases. “To encourage the development of technologies relating to gene editing, pharmaceutical companies are either funding ongoing projects of medical firms or entering into a collaboration with them,” says a TMR analyst. Therefore, the increasing research and development activities in the field of gene editing is paving for genome engineered techniques.

The growing investments by governments and non-government organizations in genome research and technological advancements along with the funding by pharmaceutical and biotechnology are providing a fillip to the global genome engineering market.

Rising Opposition on Ethical Grounds to Hamper Growth Prospects

Over the past few years, genetic engineering has received a lot of opposition on ethical grounds from several health, social, and religious organizations. According to the U.S. National Institute of Health (NIH), genetic engineering of human embryos leads to complications in human genes and has, therefore, prohibited its funding. In addition, various social organizations are persistent about the ban of genetic engineering as the alteration in animal genes can adversely affect the genetic makeup of the coming generations of the animal along with hampering the lifespan of the genetically engineered animal.

Along with the rising ethical concerns, the stringent regulatory framework for the approval of genetic modifications in plants, animals, and human genome are acting as a major bottleneck in the growth of the global genome engineering market. Nevertheless, the growing adoption of genome engineering technologies in agriculture for crop improvement is opening new avenues for players in the market.

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Name: Rohit Bhisey
Organization: Transparency Market Research

ReleaseID: 7997

The global market for food safety testing has a largely fragmented vendor landscape, featuring the presence of a large number of small and large service providers, and the top five companies collectively holding only about 20% of the overall market in 2016, says Transparency Market Research in a recent report. It has also been observed that premium service providers are exploring growth avenues in high-potential markets, hinting towards a possible rise in the level of consolidation of the market over the next two to three years.

Key players in the market have emphasized on garnering the attention of the consumers by keeping pace with their ever-changing testing patterns. Product innovation to perform more accurate tests has seen an increasing demand from the supply side, to increase the brand appeal and also to provide better services, which is one of the most important parameters considered by consumers. Some of the leading players in the market are Bio-Rad Laboratories, Inc., Intertek Group Plc, SGS SA, Eurofins Scientific SE, and Thermo Fisher Scientific, Inc.

Transparency Market Research estimates that the market will exhibit a promising 8.9% CAGR over the period between 2017 and 2025, rising to a valuation of US$1304.5 mn by the end of 2025 from an estimated US$658.5 mn by the end of 2017.

Europe to Continue Holding Massive Share in Global Market’s Revenue

In terms of geography, the food safety testing market in Europe is expected to dominate the global market in terms of revenue contribution throughout the report’s forecast period. The regional market is expected to exhibit a promising CAGR of 9.3% over the report’s forecast period, continuing to retain its top spot in terms of revenue contribution as well as rate of growth as compared to other regional markets. In terms of type of contaminants, including pathogens, genetically modified organisms, chemicals, and toxins, the global market is expected to be dominated by the segment of pathogens over the forecast period. The segment is estimated to account for 42.5% of the global food safety testing market in 2017.

Rising Instances of Food Contamination to Remain Key to Demand

A number of factors have contributed towards establishing the market for food safety testing as one of the most important segment of the global food and beverages industry in the past few years. Factors such as the rising incidences of food contamination, the consecutive rise in demand for food safety testing tools and mechanisms from food manufacturers, and the rising production of genetically modified organisms-based foods and food products have helped the market thrive across the globe.

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The rising increasing awareness about foodborne diseases and various technologically advanced techniques and equipment deployed for food safety testing is also boosting the market. The vast rise in the population of individuals that are highly susceptible to food contaminations, including children aged five years and below, geriatrics, and people suffering from chronic disease such as diabetes, cancer, and AIDS, is also contributing to the overall development of the global good safety testing market. “According to a report by the World Health Organization (WHO), over 600 million people globally across the globe suffered from foodborne diseases or food contamination in 2010,” notes the lead author of the report.

Lack of Uniform Regulatory Guidelines to Hamper Growth Prospects

Despite having excellent growth opportunities, certain factors could hamper the growth of the global food safety testing market over the forecast period. These include the lack of uniformity in global regulatory guidelines and the lack of adequate infrastructure and testing laboratories in developing countries. Different regions have different guidelines for trading of consumer goods including food and feed, agricultural products, and other products. This is expected to adversely affect the growth of the global food safety testing market. Also, owing to the allocation of low budget and resources to food testing laboratories in developing countries, upgrades to food testing equipment and software are not easily achieved. This factor could also hamper the growth of the global food safety testing market to a certain extent.

This review of the global food safety testing market is based on a recent market research report published by Transparency Market Research, titled “Food Safety Testing Market (Contaminants- Pathogens, Genetically Modified Organisms, Chemicals, and Toxins; End-use – Food, Agriculture, and Environment; Technology – q-PCR and d-PCR) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

For the study, the market has been segmented as follows:

Global Food Safety Testing market – By End-use
Food
Snack Foods
Meat, Poultry & Sea Food
Dairy Products
Bakery & Confectionery
Fresh & Frozen Fruits & Vegetables
Frozen Foods
Others
Agriculture
Crops
Seeds
Environment
Water Testing
Pesticide & Residue Analysis
Soil Testing

Global Food Safety Testing market – By Technology
q-PCR-Based Testing
d-PCR-Based Testing

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The global market for advanced energy storage features a largely fragmented competitive landscape owing to the presence of several large- and medium-scale companies and a low threat of new entrants owing to the market’s capital intensive nature, observes Transparency Market Research in a recent report. Leading companies in the market benefit from their technical expertise, vast experience, and strong distribution and sales channels.

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Focus on strategic alliances, long-term contracts, and expansion across high-growth regional markets has increased. A recent instance of this strategy is the contract won by AES Energy Storage, a completely owned subsidiary of AES Corporation, under which the company will help San Diego Gas install and commission energy storage installation arrays of capacity 37.5 MW.

According to Transparency Market Research, the global advanced energy storage market, which valued at US$0.87 bn in 2015, will reach US$1.39 bn by 2024, expanding at a CAGR of 5.4% between 2016 and 2024

Pumped Hydro Storage technology Holds Massive Share in Global Market

Based on technology, the global advanced energy storage market witnessed the dominance of the segment of pumped hydro storage. The segment accounted for a massive 90% of the global advanced energy storage market in 2015 and is likely to remain the most preferred advanced energy storage technology in the near- and long-term scenario. From a geographical standpoint, the market for advanced energy storage in Asia Pacific held the dominant market share in the global market, followed by Europe and North America, in 2015. The development of advanced energy storage industry in Asia Pacific has seen rapid growth in the last few year and is also expected to exhibit impressive rise during the forecast period.

Reduced Battery Costs Help Lift Market Growth Prospects

Some of the key forces driving the global market for advanced energy storage is the significant growth observed in the field of battery energy storage, the vast rise in micro grid and on-grid energy distribution infrastructure across the globe, and lower regulatory constraints pertaining to energy storage. Of these, the excellent growth observed in the battery industry in the past few years, which has helped in significantly reducing battery prices, has fueled the growth of the electrochemical (battery) energy storage segment and benefitted the growth prospects of the global advanced battery storage market as well.

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Impressive growth observed in the micro grid and on-grid energy distribution sector, especially across some of the world’s leading developed and emerging economies, has also had a massive positive impact on the overall growth prospects of the global advanced energy storage market. In the near future, the market is expected to benefit from relaxation in tax structure and encouraging government regulations concerning energy storage, especially in countries across Europe and Asia Pacific where governments support the industry via loan rebates and subsidies.

Lack of Global Standard for Deploying Novel Energy Storage Technologies Hinder Growth Prospects

Some of the key restraints negatively affecting the growth prospects of the global advanced energy storage market are the rising costs of novel energy storage technologies such as liquid air energy storage, thermal energy storage, and hydrogen storage, and lack of global standards regarding the deployment of these technologies. Lack of proper infrastructure and integration technologies in certain high growth potential regional markets is also limiting the expansion of the advanced energy storage market.

This review of the global advanced energy storage market is based on a recent market research report published by Transparency Market Research, titled “Advanced Energy Storage Market (Technology – Pumped Hydro, Battery Storage, Flywheel Storage, and Thermal Storage; Application – On-grid, Off-grid, and Micro Grid) – Global Industry Analysis Size Share Growth Trends and Forecast 2016 – 2024.”

For the study, the market has been segmented as follows:

Advanced Energy Storage Market – Technology Analysis

Pumped Hydro
Battery Storage
Flywheel Storage
Thermal Storage
Others

Advanced Energy Storage Market – Application Analysis

On-Grid
Off-Grid
Micro Grid
Others

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Transparency Market Research (TMR) has announced the addition of a new market study on the nutraceuticals market. The report analyzes the drivers and restraints of the market. The report is titled “Nutraceuticals Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2021.” As per the findings in the report, the market, which was valued at US$182.60 bn in 2015, will rise to US$278.96 bn by 2021, exhibiting a CAGR of 7.3% from 2015 through 2021. An increase in the prevalence of non-communicable chronic diseases and rising healthcare expenditure are expected to drive the global nutraceuticals market.

Nutraceuticals are products that offer health and nutrition benefits over and above the basic nutrition value present in food items. Nutraceuticals range from dietary supplements, isolated nutrients, and herbal products to processed foods and beverages. Nutraceuticals offer lucrative margins to food and beverages company and also have minimal regulatory requirements involved. Thus, an increasing number of companies are entering the nutraceuticals market.

Increasing health consciousness among consumers is driving the global nutraceuticals market. The increasing consumer awareness about the basic nutrition value present in food and growing preference for nutritious products are driving the global nutraceuticals market. The use of nutraceuticals products as a physical performance booster is expected to benefit the market. Moreover, nutraceuticals products are perceived to contain nutrients that will prevent diseases, which is propelling the nutraceuticals market. The use of nutraceuticals as an alternative to prescription and OTC drugs will further drive the market towards growth.

Yet, the global nutraceuticals market is expected to be hampered by rising prices of nutraceuticals. A lack of awareness about nutraceuticals is also expected to restrain the market’s growth. However, technological advancements are expected to open doors of opportunities in the global nutraceuticals market. Additionally, the use of nutraceuticals across new application areas will also drive the market to a new high.

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The global nutraceuticals market is segmented on the basis of product and geography. On the basis of product, the global nutraceuticals market is segmented into functional food, functional beverages, dietary supplements, and personal care and pharmaceuticals. Of these, the functional food segment led in terms of revenue in 2014, representing a share of 31% in the global nutraceuticals market. The segment is expected to expand at a 7.1% CAGR from 2015 to 2021.

On the basis of region, the global nutraceuticals market is segmented into Europe, North America, Asia Pacific, and the Rest of the World. Of these, North America held the largest share in the market in 2014 and the demand for nutraceuticals is expected to remain steady in the future, due to high demand from the U.S. and Canada.

The report profiles key companies operating in the global nutraceuticals market for the purpose of study. The companies included are: BASF SE, Archer Daniels Midland Company, Groupe Danone S.A., Cargill, Incorporated, Aland (Jiangsu) Nutraceutical Co., Ltd. The challenges faced by these companies and the strategies adopted by them to grow in the market have been included in the report.

The market has been segmented as follows:

Product

Functional Food
>Probiotics Fortified Food
>Omega Fatty Acid Fortified Food
>Branded Ionized Salt
>Branded Wheat Flour Market
>Others (nuts, grains, garlic)
Functional Beverages
>Fruit & Vegetable Juices and Drinks
>Dairy & Dairy Alternative Drinks
>Noncarbonated Drinks (bottled water, tea and coffee)
>Other (herbal tea, sports drinks, energy drinks)
Dietary Supplements Segment
>Proteins & Peptides
>Vitamins & Minerals
>Herbals ( Ayurvedic extracts, plant extracts, algal extracts, phytochemicals)
>Other (fatty acids, fiber)
Personal Care and Pharmaceutical

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The World Health Organization identifies cardiovascular diseases as one of the leading cause of death around the world. Nearly 17 million deaths due to heart problems are reported annually, compelling organizations and governments worldwide improve initiatives aimed at curbing the incidence. In a report, titled “Cardiac Marker Testing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” Transparency Market Research (TMR) provides a comprehensive evaluation of the market, highlighting the factors that made cardiac marker testing one of the preferred methods for diagnosing health-related problems. The report covers growth drivers and restraints influencing the market’s trajectory between 2016 and 2024. It also segments it on the basis of various parameters for the purpose of the study.

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Cardiac markers are released into the blood when heart shows signs of irregularity. For instance, it is released when the heart is damaged or stressed. Cardiac markers include enzymes, proteins, and hormones. Measuring these biomarkers can help reveal significant data regarding heart health and diagnose various syndromes such as cardiac ischemia, coronary syndrome, and conditions generally associated with obstructed flow of blood to heart. Considering the vital statistics they provide regarding heart health, the demand for cardiac marker testing is scaling higher in response to the rising incidence of heart diseases.

Various factors are supporting the market’s expansion over the years, among these government funding and favorable initiatives by various organizations to boost clinical trials are at fore. On the downside, inadequate reimbursement schemes and unfavorable policies, especially across underdeveloped nations have continued posing threat to the global cardiac marker testing market. Also the diagnosis method is very time consuming, as determining cardiac markers level often take a long time. Growth will be hindered to an extent if market players continue to reel under the influence of these restraints.

Regionally, Asia Pacific, Latin America, Europe, North America, and the Middle East & Africa constitute the key market segments. Among these regions, North America showcases potentially the most lucrative opportunities for the market. The high incidence of cardiovascular diseases witnessed in North America, coupled with the presence of a sophisticated healthcare infrastructure enables strong growth in the cardiac marker testing market in the region. However, during the course of the report’s forecast period, rising geriatric population and increasing investment toward improving healthcare infrastructure will catapult Asia Pacific to the market’s fore. TMR expects Asia Pacific to showcase the leading CAGR during the forecast period.

Besides identifying the most lucrative pockets for the market, the report provides an in-depth analysis of its competitive landscape. It therefore includes profiles of companies such as Abbott Laboratories, Siemens Healthineers, LSI Medience Corporation, Bio-Rad Laboratories, Inc., Avantra Biosciences, Becton, Dickinson and Company, Helomics Corporation, Roche Diagnostics, Randox Laboratories Ltd., and Enzo Biochem. The operations of these companies and the effect of the same on the overall market performance is gauged in the report. This is intended at enabling stakeholders get an all-encompassing overview of the global cardiac marker testing market.

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According to a new research study by Transparency Market Research (TMR), the global market for alpha 1-antitrypsin deficiency treatments is being significantly driven by the rising prevalence of genetic disorders and the increasing adoption rate of novel therapeutics across the world. The report, titled “Alpha 1-Antitrypsin Deficiency Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024,” further states that the increase in the government funding for the development of novel therapies and customized medicines, together with the rise in research initiatives for the development of stem cell-based therapeutics are anticipated to boost this market in the years to come.

Furthermore, the worldwide market for alpha 1-antitrypsin deficiency treatment is likely to gain remarkably from the high demand for effective and safe pharmacological therapies and the surge in the life expectancy across the world. In addition to this, technological discoveries, such as point-of-care (PoC) drug delivery systems, and the increased focus of people on leading a quality life are some other prominent factors that will contribute to the growth of this market over the forecast period. However, the rise in the overall healthcare expenditure, implementation of stringent regulatory policies, and extensive approval processes may hinder the market’s progress in the near future, states the research report.

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In this research study, Prolastin, Aralast, and Zemaira have been considered as the prime therapeutics for the treatment of alpha 1-antitrypsin deficiency among people. Geographically, the report segments the global market into North America, Asia Pacific, Europe, and the Rest of the World, including Latin America and the Middle East and Africa. Europe and North America are expected to emerge as the leading regional markets for alpha 1-antitrypsin deficiency treatments across the world in the years to come, owing to the increasing prevalence of alpha 1-antitrypsin deficiency in these regions, as it is observed that this disorder is most common among European and North American people, notes the market study.

The report also presents a competitive analysis of the global market for alpha 1-antitrypsin deficiency treatments. Currently, the market is extremely consolidated, owing to the involvement of a number of leading players. However, the emerging biotechnological firms, concentrating on the development of customized medicines for genetically inherited disorders, will aggressively try to gain a prominent share in the market over the forecast period, which may create hindrance in the growth trajectory of the established participants. Some of the leading companies in this market mentioned in the report are Baxter International Inc., Grifols Therapeutics Inc., CSL Behring LLC, Halozyme Therapeutics Inc., rEVO Biologics, and iBio Inc.

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Electrostatic discharge (ESD) packaging, also called antistatic packaging, includes range of special feature packaging products for protecting electronic items particularly static sensitive items. ESD packaging has proven to be an effective solution for protection of static sensitive electronic components and metal items during transportation, shipping, storage and material handling processes.

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The global ESD packaging or antistatic packaging market is characterized by key players focusing on market segments with ESD protection needs. Focus market strategy adopted by key market players has allowed the global ESD packaging market to achieve impressive year on year (Y-o-Y) growth performance.

ESD packaging products have allowed original equipment manufacturers (OEMs) to operate with much more flexibility in terms of disseminated production facilities. ESD or antistatic packaging is characterized by better resistance to accumulation of static, shielding against electric field and insulation from transfer of electronic charge.

Manufacturers modify design and implement technological alterations to traditional packaging systems, in terms of material properties, in order to achieve ESD packaging systems. The primary aim of ESD packaging is to protect ESD sensitive products, components and devices from getting damaged by static electricity. ESD packaging can be of three primary forms including anti-static or low charging, offering resistance to electricity and shielding against electrostatic discharge or electric field.

ESD packaging manufacturers provide range of ESD packaging products such as anti-static bags, anti-static stretch films, shielding bags, shielding bubble bags, pink anti-static bubble bags, in plant handling systems, in plant handler trays, ESD storage containers, etc.

Global ESD Packaging Market: Market Dynamics

The global trend of internet-of-things (IOT) has led to technology being rapidly adopted across industries. The use of integrated circuits to implement IOT in consumer products and to launch innovative technological products into consumer markets have led to growing demand for ESD packaging products.

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ESD packaging products with printing capabilities have allowed manufacturers to communicate brand and product info to users in b2b markets. ESD packaging manufacturers are further adding product variants to their ESD packaging portfolio in order to meet wide range of ESD requirements of their clients. ESD requirements such as separating electronic components from ESD protected area, material handling of WIP components, clean room practices, storage and stoking of static sensitive items, etc. require diverse packaging formats such as ESD foam sheets, insert trays, boxes, layer pads, totes and other accessories.

Damage to electronic products, chips and circuit boards due to electronic discharge has resulted in huge losses to companies across industries such as medical, automotive etc. Shipping high volume of electronic components require careful attention being given to its packaging needs. Demand for ESD protection of circuit boards and other WIP components by OEMs driven by technological competencies have propelled the global ESD packaging market.

Emerging trend observed in the global ESD packaging market is shift in focus to cater to demand arising from automation practices in manufacturing. Operational requirement among OEMs to separate ESD sensitive items, components and devices during manufacturing, assembling and shipping process has led to packaging manufactures cater to such specific packaging needs.

Controlling moisture and humidity from affecting electronic products need packaging system to have barrier or resistance properties. The global ESD packaging market serves moisture controlling needs by supplying moisture barrier bags, desiccants, humidity indicator systems etc.

Global ESD Packaging Market: Market Segmentation

The global ESD packaging market is segmented as per ESD feature type, product type, and application type.

As per the product type, the global ESD packaging market is segmented into

Bags
Trays
Boxes & Containers
Films
Tapes
ESD foams
Others (labels, desiccants, etc.)
As per the application type, the global ESD packaging market is segmented into

Automotive
Medical Devices
Military Devices
Electronic
Clean Room Packaging
Others
Global ESD Packaging Market: Regional Outlook

Geographically the global ESD packaging market is segmented into 7 key regions including North America, Latin America, Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East and Africa (MEA). The global ESD packaging market is expected to witness high growth in North America and APEJ, as manufacturing activities is expected to gain traction over the forecast period.

Global ESD Packaging Market: Key Players

Some of the players operating in the ESD packaging market include Tandem Equipment Sales, Inc., Stephen Gould Corp., Teknis Limited, Elcom (UK) Ltd, Statico, Summit Packaging Solutions, Protektive Pak, Desco Industries Inc. and GWP Group

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Packaging is playing a vital role in increasing the marketability and improving the profitability of the companies. With the increasing geographical customer base companies are now focusing more on packaging than before as packaging not only improves the aesthetic value but also protects the product toil it reaches to the customer. Under these scenarios, the packaging market is increasing while positively influencing the packaging machinery market. Flow pack mechanism is primarily used for packaging of products from food and non-food market such as Cotton bandage packaging, cake packaging, detergent packaging, chocolate packaging, etc. The flow pack machine is automatic and mechanical machines. These machines can easily be digitized with a touch screen to control the manufacturing process. Flow pack machines are easy to operate and can be easily adjusted with various forms of the products. The machine operates at a continuous cycle; a plastic film reel is inserted into the machine then machine keeps wrapping and sealing the film around the product.

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Flow Pack Machine Market: Market Dynamics

Flow pack machinery is used for producing flow packs which are a flexible form of packaging. Flexible packaging market is estimated to be around US$ 238 Bn and is expected to grow at a CAGR of 5.2 % over the forecast period. Such growth rate in the packaging industry is certainly going to positively impact the demand for the flow pack machine market. Flow pack machinery being used for packaging of wide variety FMCG products, the packaging need for such vast and fast consumption of FMCG products is driving the demand in flow pack machine market. The ease of handling and speed of packaging for flow pack machine are important factors driving the demand for flow pack machine market. The use of flow pack machine for industries with small medium and high production capacity of the products is supporting the demand for flow pack machine market. However, the initial capital requirement for installing flow pack machine is large which can act as a hindrance for small scale businesses for using the flow pack machines. Flow pack machine uses plastic for packaging of the products which are to be consumed in one go. The use of plastic for packaging of such products possess a risk of rising plastic waste, and improper dumping of the plastic can act as a hindrance for the growth of flow pack machine market. However, the efficiency attained by the use of flow pack machine is excellent for the businesses and is expected to provide new opportunities for the flow pack machine market.

Flow Pack Machine Market: Market Segmentation

Flow pack machine is segmented by the types of machines and end-use industry.

Based on the types of machines, Flow pack machine market is segmented into:

Automatic
Horizontal flow pack machine
Manual
Flow wrap machine

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Based on the end use industries, flow pack machine market is segmented into:

Food & beverage
Industrial components
Medical & Pharmaceutical
Cosmetics & others
Stationery components
Others

Flow Pack Machine Market – Regional Outlook:

Regionally global flow pack machine market is segmented into

North America
Latin America
Eastern Europe
Western Europe
Asia-Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

APEJ is expected to lead the flow pack machine market due to the primary use of flow pack in food packaging market and APEJ accounts for the largest share of the food packaging market. North America and Western Europe are expected to follow the APEJ region as the lifestyle of the consumer supports the consumption of the meat and the processed food while generating the demand for flow pack packaging. Demand for flow pack machine market in Latin America is expected to grow rapidly over the forecast period while MEA region is expected to show sluggish demand for the flow pack machine market. Japan being an export based economy demand for the flow pack machine market is expected to be significant over the forecast period.

Flow pack Machine Market – Key Players:

Some major players of the flow pack machine market are RECORD S.p.A. – Packaging Machinery, Robert Bosch GmbH, ULMA Packaging S Coop, CARIBA S.r.l., PFM Packaging Machinery S.p.A., Koyka Electronics Pvt. Ltd., Multi Pack Systems Pvt. Ltd, Italdibipack Group and Redpack Packaging Machinery

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The primary application industries of the global rheology modifiers market include the paints and coatings industry and the personal care products industry. Both have been experiencing tremendous scope of growth recently and are expected to continue displaying a high growth rate. As a result, the demand for rheology modifiers is also expected to increase over the coming years, allowing key players to broaden their product profiles and for new players to gain entry into regional markets.

The top application industries of rheology modifiers are showing an accelerated growth rate in demand owing to the strengthening infrastructure in emerging economies, growing urban population densities, and quality improvements in rheology modifiers. Consumer goods and automotive and two industries that make wide use of theology modifiers, and are two industries currently showing a massive growth rate. They further provide fruitful ventures for players in the global rheology modifiers market.

Owing to these factors, the global rheology modifiers market is expanding at a CAGR of 3.7% between 2016 and 2024. It is expected to reach US$6.8 bn in 2024, after being recorded at US$4.9 bn in 2015. 

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Asia Pacific Holds the Largest Growth Opportunity for Rheology Modifiers Manufacturers

From a geographical perspective, Asia Pacific is showing a robust economic growth, coupled with a high population density that is steadily increasing its spending power on consumer goods. As such, it is the perfect ground for the global rheology modifiers market and its players to prosper.

The Asia Pacific construction and automotive industries are the strongest ones in the region. Both are showing massive growth rates over the coming years and both are major application industries of rheology modifiers. As a result, the Asia Pacific rheology modifiers market is showing a CAGR of 3.9% between 2016 and 2024. Within this region, the product segment of organic rheology modifiers is expected to show the faster growth rate and market size in 2024, as compared to inorganic rheology modifiers. In 2015, nearly 52% of the Asia Pacific rheology modifiers market was taken up by China, manifesting the strong industrial growth of the country. The country’s market share is expected to increase till 2024.

The North America rheology modifiers market stands to gain from upcoming construction projects in the region to drive itself. Apart from construction, sealants, personal care products, and paints and coatings are also expected to provide a significant scope of growth for rheology modifiers players. Meanwhile, Europe is showing a steady growth in its demand for rheology modifiers due to a growing concern over the use of clean raw materials and modifiers that are not detrimental to health.

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Organic Rheology Modifiers Continue to Dominate Revenue Shares

With organic and inorganic being the two product segments in the global rheology modifiers market, about 63% was occupied by the organic segment in 2015. It is also expected to be the faster growing segment in the global rheology modifiers market in terms of both revenue generation and volume growth.

All major organic rheology modifiers – including polyurethane, guar gum, and xanthan gum – are heavily used in the industries of construction, pharmaceuticals, and paints and coatings, owing to their effectiveness and ease of production. On the other hand, inorganic rheology modifiers such as precipitated and fumed silica find major scope of use in adhesives, sealants, and pharmaceuticals. Most of the organo-clay based rheology modifiers find major use in personal care products and paints and coatings, which are the two top application industries for the global rheology modifiers market.

Name: Rohit Bhisey
Organization: Transparency Market Research
Website: http://www.transparencymarketresearch.com/rheology-modifiers-market.html

ReleaseID: 7993

As per the findings of a recent report by Transparency Market Research (TMR), the global clear brine fluids market is highly consolidated in nature with well-established players enjoy stronghold over the supply as well as distribution. Some of the key companies in the global clear brine fluids market identified by the report are Israel Chemicals Ltd., Tetra Technologies Inc., Albemarle Corporation, and Great Lake Solutions, who collectively accounted for 42.1% of the market in 2014. This being a market that requires high initial capital, the threat from new entrants is bleak, while the leading vendors are expected to acquire small- and medium-scale players in order to maintain their dominance over the market as well as expand their geographical presence.

As per the projections provides by the report, the demand in the global clear brine fluids market will expand at a healthy CAGR of 6.2% during the forecast period of 2015 to 2023, reaching an estimated valuation of US$1,444.7 mn by the end of 2023, significantly up from its evaluated worth of US$944.8 mn in 2016. In the near future, the key players are also expected to focus on the reduction of production costs in order to enable the completion of offshore drilling projects.

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Potassium Chloride Most Profitable Product Segment

Product-wise, the TMR report segments the global clear brine fluids market into calcium chloride, potassium chloride, sodium chloride, sodium bromide, potassium bromide, calcium bromide, and others such as aluminum chloride and zinc bromide. As per the projections of the report, the potassium chloride segment will expand at the most prominent CAGR of 6.5% during the forecast period of 2015 to 2023, gaining from its growing usage for stabilizing water sensitive clays during the extraction process, wherein it helps to control the formation of pressure and damages to the reservoirs in the end-use industries. On the other hand, the report also anticipates significant growth in the calcium chloride brine fluids segment, which is an effective component used for the formation of brine completion and work fluids. As the oil and gas industry flourishes, calcium chloride brine fluids will continue to gain traction for its usefulness in clay hydration while drilling.

North America Maintaining Strong Demand

North America, which houses a number of leading oil and gas companies, currently serves the maximum demand in the global clear brine fluids market. Backed by the developed countries such as the U.S. and Canada, wherein oil and gas drilling activities are rapidly increasing, North America is expected to add to its account of 65.7% demand for clear brine fluids in 2014, projected to reach a share of 64.8% by the end of 2023. On the other hand, Asia Pacific is also projected for a prosperous future as an important part of the global clear brine fluids market. China currently holds the most prominent share in the recoverable shale gas industry and ongoing drilling activities will further boost the market in the near future.

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Incremented Drilling Activities Driving Demand

Increasing demand for clear brine fluids owing to the rise in the number of oil drilling activities, focus on developing deep sea reserves, implementation of horizontal drilling, and consistent efforts from the emerging nations to achieve energy security are some of the key factors driving the global clear brine fluids market. On the other hand, fluctuations in the prices of raw materials such as potassium chloride, variations in trade agreements as a result of political imbalance, and the volatility related to the shale gas situation are a few prominent restraints holding the market back. Nevertheless, the vendors of the global clear brine fluids market will gain from the growing focus on exploring unconventional resources such as coal bed methane and shale gas.

Name: Rohit Bhisey
Organization: Transparency Market Research

ReleaseID: 7994