Friday, July 31, 2020

Surgical Equipment Market Demands, Supply and Forecasts 2025


Worldwide Surgical Equipment Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Surgical Equipment Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Surgical Equipment market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Surgical Equipment market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Surgical Equipment market top key players and their strategic moves.
5. Evaluation of Surgical Equipment market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Surgical Equipment market micro-level analysis based on application, type and geography.


Global surgical equipment/instruments market was valued at USD 10.5 billion in 2016 and is expected to reach a value of USD 20.3 billion by 2025. Global surgical equipment market is expected to experience brisk growth due to rise in demand for nominal hostile surgeries over the forecast period. Novel technologies such as robot and power assisted medical tools introduction in recent past is estimated to further enhance industry growth.

Surgical tools are medicinal devices that serve some specific need during any surgery. These devices allow the physical alteration of biological tissue to deliver access to internal body parts. This equipment’s are tools that are used to complete functions such as suturing cutting, holding, dissecting, retracting, or grasping. These instruments are hand handled or sometimes power based robotic devices. Technologies viz. robotic based medical devices and minimally invasive medical equipment development are presumed to be key driving factors for the surgical equipment market. Rise in aged population coupled with increase in medical processes is estimated to fuel the growth over the forecast period. Modernization in operating devices which provide improved & better outcomes along with increase in demand for less complicated procedures are some important success factors that are expected to contribute for the global growth over the six year period. Growth in adaptation and approval for arthroscopy and minimal invasive procedures usages due to convenience is expected to further complement the market growth.

The market is classified as Neurosurgery, Wound Closure, Plastic and reconstructive surgeries, Urology, Thoracic surgery, Cardiovascular, Obstetrics and gynaecology, Orthopaedic surgery, Micro vascular, Laparoscopy and Others based on different applications. Under developed regions such as North America and Europe are amongst the regional market for this equipment. And under the developing regions Asia Pacific are the regional markets catering the demand for this instrument. North America appeared as the maximum revenue contributing regional market due to constant R&D initiatives along with technological innovation which is leading to the better products development. Thus this is expected to boost the regional market growth. Asia Pacific is expected to grow at a lucrative CAGR over the next six years due to increasing awareness and adaptation pertaining to the advanced surgical equipment. Rise in disposable income is expected to propel the market growth. Rise in disposable income in emerging economies such as India is presumed to compliment the increase in demand for surgical equipment market in this region.

Many companies are implementing strategies such as collaboration acquisitions, and expansions to hold a strong position in this industry. Surgical equipment market is highly cost intensive with huge investment cost. Industry participants are investing heavily on research and development to have competitive advantage. Product innovation and product introduction is the important strategy adapted in this industry. Prominent industry participants includeKLS martin group, Smith & Nephew PLC, Zimmer holdings Inc., Ethicon Inc., Carefusion Corporation, Alcon Laboratories Inc., Conmed Corporation and Stryker Corporation. Stryker, Carefusion and Zimmer are observed to dominate the industry for electrosurgical instruments in recent past.




Polypropylene (PP) Nonwoven Fabric Market Sales & Consumption Status Report by 2025


Worldwide Polypropylene (PP) Nonwoven Fabric Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Polypropylene (PP) Nonwoven Fabric Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Polypropylene (PP) Nonwoven Fabric market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Polypropylene (PP) Nonwoven Fabric market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Polypropylene (PP) Nonwoven Fabric market top key players and their strategic moves.
5. Evaluation of Polypropylene (PP) Nonwoven Fabric market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Polypropylene (PP) Nonwoven Fabric market micro-level analysis based on application, type and geography.


The global polypropylene (PP) nonwoven fabric market size was valued at USD 26.3 billion in 2015 and is expected to reach USD 34.98 billion by 2025, at a CAGR of 8.5%. The market is projected to witness significant growth over the forecast period owing to rising importance and acceptance from end-user industries such as automotive, aviation, geotextile and construction. Furthermore, rising use of the PP nonwoven fabrics for fabricating baby clothes coupled with increasing utilization for manufacturing adult incontinence products is anticipated to propel the market growth over the next eight years. In addition, the market is projected to witness uprising demand from medical industry as well as from feminine care industry due to the favorable fabric quality, thus enabling the market to report augmented growth over the forecast period. However, growing stringent regulation imposed on manufactures due to rising environmental concerns coupled with increasing fluctuation in the raw material prices has enabled the market to witness hindered growth over the next eight years.

The market is segmented by product into spun bonded, staples, composite, and meltdown. Spun bonded PP nonwoven fabric segment is expected to account for more than 50% market share over the forecast period owing to its application from adult diapers, medical products and personal care products. On the other hand, staples nonwoven fabric segment is anticipated to witness fastest growth over the next eight years primarily due to its application from automotive, agricultural and construction industries.

The PP (Polypropylene) nonwoven fabric market is highly competitive owing to the presence of several domestic and international suppliers. However, the sector has the presence of various new players, who face difficulty in competing with other major companies in terms of functionalities, features, quality, and services. Over the forecast period, the growing new product development activities coupled with increasing adoption of new technologies for achieving operational efficiency has enabled the competition to become more aggressive. On a contrary, few major players through continuous R&D endeavors coupled with growing expertise knowledge in the industry have enabled them to witness competitive edge, thus propelling the overall growth of the sector over the next eight years.

North America and Europe are anticipated to witness major market share over the forecast period owing to the growing applications in end-user entities including automotive, aviation, personal care, medical, and geotextile. Particularly, the UK, Germany, Italy, France and the US are projected to account for growth in the region primarily due to rising rapid technological advancements used for producing superior quality finished materials, thus enabling the regions to anticipate augmented demand by 2024.

Key players of the market include Fibertex, AVGOL, Kimberly-Clark, Fiberweb, and First Quality. Few other companies in the sector are PGI, Toray, and Mitsui. The PP nonwoven fabric industry is highly consolidated having more than 40% market share by top five players. The major large players generally tend to collaborate with smaller companies to increase market share and competitive advantage. These market players through continuous R&D endeavors focuses on building a wide distribution network that supports the overall coupling market to report significant growth over the forecast period. Companies through strategic expansions and mergers & acquisitions have been trying to cater large volume of customers with products that are cost-effective and high quality.




Phenolic Resins Market Precise Outlook to 2025


Phenolic Resins Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Phenolic Resins Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Phenolic Resins market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Phenolic Resins market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Phenolic Resins market top key players and their strategic moves.
5. Evaluation of Phenolic Resins market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Phenolic Resins market micro-level analysis based on application, type and geography.


The global phenolic resins market size was valued at USD 9.30 billion in 2015 and is expected to reach USD 16.0 billion by 2025, with a CAGR of 5.4%. The global phenolic resins industry is anticipated to witness stable growth owing to rising demand from transportation and construction sector. Phenolic resins find their applications in numerous segments on account of their properties such as good heat resistance and flame retardancy, low smoke and toxicity, high mechanical strength and easy blending with other polymers to attain high performance. Product demand is expected to rise owing to of increasing use of fire retardant constituents in crucial aircraft and automotive components.

Application Insights
Phenolic resins provide services tonumerous end-use industries such as automotive, aerospace and constructionvia applications in laminates, insulation, wood adhesives and moulding compounds.

Wood adhesives were the dominant application on account of increased use in plywood and particleboard adhesives owing to phenolic resins which form chemical bonds with the phenol-like lignin wood. These products are capable of retaining moisture and hence are preferred for exterior plywood applications.

Moulding compounds are expected witness high growth. This can be attributed to the ability of phenolic resins to providefire safety and amplify vehicular efficiency. Rising demand from the automotive segment is anticipated to play a critical role in the phenolic resins growth over the forecast period. They are used in numerous components in automobiles including cooling system, air supply system brake, suspension, powertrainand fuel system.

Regional Insights
Asia Pacific emerged as the market leader in phenolic resins market on account of widespread use in construction applications and growing consumption of moulding compounds in India and China. China is a large phenolic resins marketand a significant consumer at a global level. Within North America, U.S. is one of the leading consumers in wood adhesive applications of phenolic resins. In addition, demand for thermal insulation productsis expected to be on a rise on account of the legislation implemented in various countries and regional associations for constructing energy efficient buildings. Further, growing use of composites in marine, mass transit and aerospace is anticipated to boost the phenolic resins market.

Competitive Insights
Key market players have expanded their manufacturing facilities to sufficethe growing demand. As an instance, in 2013, Ludwigshafen Verbund site had a new plant set up as a part of BASF modernization and expansion of production facility. Other majorparticipants in the market include Hitachi Chemical Co. Ltd., Georgia Pacific Chemicals LLC, Kolon Industries Inc., SI Group, Inc., Prefere Resins, DIC Corporation, Momentive Specialty Chemicals Inc., Sumitomo Bakelite Co. Ltd., Dujodwala Paper Chemicals Ltd., and Mitsui Chemicals Inc.




Loudspeaker Market Comprehensive Analysis Report By 2025


Loudspeaker Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Loudspeaker Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Loudspeaker market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Loudspeaker market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Loudspeaker market top key players and their strategic moves.
5. Evaluation of Loudspeaker market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Loudspeaker market micro-level analysis based on application, type and geography.


The global loudspeaker market size is expected to reach USD 8.48 billion by 2025. Loudspeaker is an electrical device which contains one or more electro acoustic transducers, which converts an electrical audio signal into a corresponding sound. Global market of loudspeaker is expected to grow at healthy rate for the forecast period owing to increase in extensive use consumer electronics and growing preference of consumer for sound bars.

Use of loudspeaker in consumer electronics and growing preference for better in home entertainment are considered to be main drivers for loudspeaker industry. Speakers used in mobile phone, television, laptops and consumer expectation for better quality are expected to drive the market to a new high. Structural change in consumer wealth is a restraint for the loudspeaker industry. Any change in consumer income will affect the demand as it not a basic necessity.

Advancement in the loudspeaker such offers great opportunity for the market. With the changing consumer behavior it is observed that there is increase in demand for Wi-Fi speakers, and sound bars due its mobility and better sound quality features. In HD televisions due to its slick design company has to compromise on sound. Thus to enhance the entertainment and sound experience, consumers are going for additional speakers boosting the speaker demand. Blu-Ray Devices, DVD/CD Players, Home Theatre Systems, MP3 players, PCs, LEDs, LCDs, and other multimedia devices dictate market prospects for speakers.

Loudspeakers are segmented by types which chiefly include pair speaker, satellite/subwoofer speaker, sound bar, in wall speaker, outdoor speaker, and other loudspeaker. Subwoofer speakers are more popular in home audio. The soundbar segment is expected to grow at a CAGR over 8% from 2016 to 2025. They are small in size and have placement flexibility. The satellite/subwoofer speaker has the largest market share. Soundbars market is fastest growing due to its high demand due to its feature such as multiple speaker better sound clarity, and can be mounted alongside of the television.

On the basis of geography, the market is segmented into five regions which include North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America regional market includes the U.S. and Canada. Europe regional market consists of European Union, CIS and other non-member states. Asia Pacific regional market includes Japan, China, India, Taiwan, Korea, and Australia. Latin America mainly includes Brazil, Mexico, and other South American countries. European loudspeaker market is expected to be key regional market owing to presence of companies such as Harmen Corporation and Bose.

Key players in loudspeaker industry are Bose, Audiovox Corp, Calix, Inc., Creative Technology Ltd,Dain Electronics Co., JVC Kenwood Holdings, Dynaudio A/S, Elettromedia Srl, ELNO Ste Nouvelle, Formosa Prosonic Industries Berhad, Genelec OY, Inc, Koninklijke Philips Electronics Nv, Linn Products Limited, Mermaid Technology A/S, Monitor Audio Limited, Optimus SA, Panasonic Corporation, Hitachi Ltd., Phonocar S.P.A., Pioneer Corporation, Plantronics Inc, Renkus-Heinz, Inc., Rockford Corp, Sica Altoparlanti Srl, Yamaha Corporation Sonus Faber S.P.A.,Samsung Electronics Co. Ltd., Sony Corporation, Velodyne Acoustics, Inc., and Wilson Audio Specialties Inc.,.




Facial Injectables Market Opportunities and Future Scope Till 2025


Facial Injectables Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Facial Injectables Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Facial Injectables market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Facial Injectables market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Facial Injectables market top key players and their strategic moves.
5. Evaluation of Facial Injectables market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Facial Injectables market micro-level analysis based on application, type and geography.


Global Facial Injectables Market is expected to reach USD 17.2 billion by 2025. Facial injectable is also termed as facial filler, or facial injections, or injectable fillers are the products like calcium hydroxylapatite, collagen, and hyaluronic acid that revitalize facial skin by reducing and eradicating wrinkles, enhancing lips, raising scar depressions, and altering soft-tissue volume loss through facial injections. Probably the results are temporary that lasts from few months to years. The Facial Injectable Market is estimated to grow at a significant CAGR of 11.5% over the forecast period as the scope and its applications are rising enormously across the globe.

Growing demand from middle age populace, growing urbanization, and increasing esthetic standards are documented as major factors of Facial Injectables Market that are estimated to enhance the growth in the years to come. However, its side effects and high cost may restrain overall market growth in the coming years. Facial Injectables industry is segmented based on product type, end user, and region.

There various applications like therapeutics, aesthetics, and others that could be explored in Facial Injectables in the forecast period. The aesthetics sector accounted for the substantial market share and is estimated to continue its dominance in the coming years. This may be because of rising use in procedures like wrinkles, acne scars, parentheses lines, lip border restoration, crow’s feet lines, periorbital wrinkles, marionette lines and others. Also, therapeutic sector is estimated to grow at highest CAGR in the coming years.

Globally, North America accounted for the substantial market share of Facial Injectables and is estimated to lead the overall market in the coming years. The reason behind the overall market share could be rising spending on aesthetic procedures and presence of geriatric population base in Canada and the U.S.

The key players of Facial Injectables Market are Galderma S.A., ALLERGAN, Prollenium Medical Technologies Inc., Ipsen, Anika Therapeutics, Inc., Merz Pharma, Bloomage Bio Technology Corporation Limited, Suneva Medical, Inc., Sinclair Pharma, and Medytox, Inc. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.




Thursday, July 30, 2020

Telemedicine Market Growth, Recent Trends Over 2025


The Worldwide Telemedicine Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Telemedicine Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Telemedicine market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Telemedicine market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Telemedicine market top key players and their strategic moves.
5. Evaluation of Telemedicine market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Telemedicine market micro-level analysis based on application, types, and geography.


The global telemedicine market size was valued at USD 24.9 billion in 2016 and is anticipated to reach USD 113.1 billion by 2025, with a CAGR of 18.3%. Global telemedicine demand is expected to show a steady growth on account of increasing focus on emergency healthcare services. Development of information technology and increased internet speed has significantly contributed towards the overall industry growth.  Telemedicine is a service through which healthcare service is delivered with the help of communication technologies for patients at a distance. It is used to provide clinical healthcare facilities that are not available in remote areas. It helps in eliminating distance barriers and often used in emergency situations.

Delivery of healthcare service in remote and rural areas drives the overall market. It is difficult for medical institutions to set up their facilities in rural markets. These markets are catered through telemedicine technology.  Telemedicine is beneficial for patients who live in isolated communities. These patients can receive treatment from doctors without the need for patients to travel to visit them. Development in mobile technology has helped healthcare professionals share information and discuss medical issues on a real time basis as if doctors were present in the same place.

Telemedicine eliminates the risk of transmission of contagious diseases between patients and physicians. Some patients do not feel comfortable in seeking a treatment at a doctor’s clinic. Some patients are home bound are require an ambulance for their movement. These kinds of patient characteristics drive the market growth over the future.  Telemedicine has helped to fasten the treatment process especially in the field of emergency healthcare. These technologies are efficient in crowd control. It helps in reducing the burden on hospitals and administrative staff. Medical counselling through web conferencing has enabled hospitals avoid time delays and long queues. Therefore, healthcare organizations with large inflow of patients are expected to find major applications for crowd management.




Polyvinylpyrrolidone (PVP) Market Outlook and Forecast Report By 2024


The Worldwide Polyvinylpyrrolidone (PVP) Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Polyvinylpyrrolidone (PVP) Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Polyvinylpyrrolidone (PVP) market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Polyvinylpyrrolidone (PVP) market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Polyvinylpyrrolidone (PVP) market top key players and their strategic moves.
5. Evaluation of Polyvinylpyrrolidone (PVP) market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Polyvinylpyrrolidone (PVP) market micro-level analysis based on application, types, and geography.


The global polyvinylpyrrolidone (PVP) market size was 161.8 kilo tons in 2015 and is anticipated to reach USD 2.75 billion by 2024. The Polyvinylpyrrolidone (PVP) market is expected to witness growth owing to rising demand from end user industries including pharmaceutical, cosmetics, personal health care, adhesives and beverage industry. Rising awareness regarding the varied applications such as dissolving assistant for injection, a dispersant for liquid medicine, flows assistant for a capsule, medicine for brain-memory recovery, the raw material for making ceramic products, and moisture preserving agent are anticipated to propel the PVP industry growth over the next eight years.

Few other applications including stabilizer for an enzyme, antitoxic assistant for eye drug, viscosity enhancement agent for printing ink, film forming agent in shaping products, and solvent for agricultural pesticide are projected to fuel the market demand over the forecast period. The pharmaceutical industry is projected to contribute the major market share in the overall growth of the PVP sector by 2024 owing to rising use of PVP in medicines as a binder for tablets, a stabilizer for heat sensitive drugs, and antiseptic injection for surgical operations.

The pharmaceutical sector is anticipated to see the growth of more than 30% CAGR over the next eight years, owing to increasing R&D efforts by companies in developing PVP medicines that could be used as dietetic tablets in nutritional products and as a disinfectant for maintaining hand hygiene, thus augmenting the end user market of PVP products. On the other hand, Cosmetics industry and personal care industries are expected to see growth of more than 6% CAGR and 10% CAGR respectively and thus augmenting the Polyvinylpyrrolidone market demand over the forecast period primarily owing to increasing application scope and rising adoption of Polyvinylpyrrolidone products as raw material in shampoo, cleaning products, shave lotion and body lotion.

Key players in Polyvinylpyrrolidone (PVP) market include BASF, ZhangzhouHuafu Chemical Co. Ltd., Hangzhou Motto Science & Technology Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co., Ltd, Sigma-Aldrich Co. LLC., Shanghai Qifuqing Material Technology Co., Ltd., Divnova Specialties Pvt. Ltd., JH Nanhang Life Sciences Co. Ltd., Sisco Research Laboratories Pvt. Ltd., N Shashikant & Co., Alfa Aesar, Huangshan Bonsun Pharmaceuticals Co., Ltd., Boai NKY Pharmaceuticals Ltd, Hangzhou Sunflower Technology Development Co. Ltd., Ashland, Nippon Shokubai, Balaji Amines, Jarchem Industries Inc. , Glidechem, Dai-ichi Kogyo Seiyaku , Dongying City, Huaang Chemical Industry Co., Ltd., Nippon Shokubai and Balaji Amines. BASF, in January 2015, plans to invest USD 64 million in the expansion of its PVP value chain over the next four years primarily owing to the expansion of PVP production capacity to 6000 metric tons.




Polysilicon Market key driving factors Analysis Report By 2025


The Worldwide Polysilicon Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Polysilicon Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Polysilicon market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Polysilicon market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Polysilicon market top key players and their strategic moves.
5. Evaluation of Polysilicon market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Polysilicon market micro-level analysis based on application, types, and geography.


The global polysilicon market size was estimated at USD 5.49 billion in 2015 and is expected to reach USD 13.56 billion by 2025, with a CAGR of 10.2%. Polysilicon, known as poly-Si or polycrystalline, is considered to be one of the purest form of silicon material, the second most abundant element available in nature. It consists of silicon crystals that differ from single-crystal silicon, which can be used for electronics and solar cells, it is used as feedstock material in most of the solar power energy applications. Polysilicon also referred to as polycrystalline silicon is a pure form of silicon and is the earth’s most abundantly found element.

The key factors driving the market growth of the polysilicon industry are solar cells, emerging economies, and semiconductor market. Major markets of polysilicon are semiconductor industry and solar industry. Semiconductor industry polysilicon is transformed into silicon crystalline substance that results in electric device such as integrated circuits which forms the key module for electronic products. Multi or mono crystalline silicon substrates are used for making power cells constituting of polysilicon substrate as the key component.

Increasing demand for semiconductors and solar PV (photo voltaic) production is expected to drive the market growth for polysilicon manufacturers. They are extensively used in production of silicon solar cells. These Solar PV cells utilize and absorb sunlight to convert it into power or electricity and hence they are used as power generation resources. The solar energy demand is increasing owing to the environmental benefits and cost effectiveness that it provides to the end users. Solar PV cells do not release any harmful particles into the environment as compared to other forms of energy resources.

Based on the technology for polysilicon production the global market can be segmented into two forms: granular polysilicon and chunk polysilicon. Supplies of semiconductor wafers use Czochralski crystal growth process that converts polysilicon chunks into particular silicon ingots. These silicon wafers have a wide variety of applications in integrated circuits. Based on the end user, the global market has been segmented into Semiconductor industry and PV industry. Semiconductor industry is expected to be the largest segment on account of technological advancements, innovations and new product developments that require temperature resistant material such as polysilicon. PV industry is expected to witness significant growth owing to the increasing demand for solar panels to produce electricity according to environmental standards.

Key industry players include MEMC, Tokuyama, Hemlock, REC, Wacker, SumitomoMitsubishi. Other industry participants include MEMC Electronic Materials, Woongjin Polysilicon, CSG Holding and LDK Solar. The cost of polysilicon has been decreasing over a time period owing to oversupply and an increase in competition in the market thereby reducing the production cost.




Petrochemical Market Trends and Competitive Landscape By 2025


Petrochemical Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

Petrochemical Market research report offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.

KEY BENEFITS
1. Petrochemical market analysis based on current industry scenario and expected future trends to enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Petrochemical market to understand business opportunities.
3. Identification of key investment pockets for various applications, type and geographies.
4. Identification of the Petrochemical market top key players and their strategic moves.
5. Evaluation of Petrochemical market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan and execute a business plan.
7. Petrochemical market micro-level analysis based on application, types, and geography.


The global petrochemical market was valued at USD 419.4 billion in 2015. Rise in demand of petrochemical from end use industries such as consumer goods and manufacturing along with favourable government regulations specifically in Asia Pacific is expected to fuel the market growth over the forecast period.

Petrochemicals are important to products used in day to day life. Petrochemicals are mainly utilized as chemical building blocks in a lot of materials and applications. Propylene, ethylene, benzene are widely used in various end use industries such as plastics, rubber, electronics and packaging.Major industries such as automobiles, chemicals, textile and packaging have shifted their manufacturing base from western countries to countries in Asia Pacific such as India, China, Thailand and Indonesia owing to low labour cost and favourable government regulations. This is expected to drive growth for the market.

Large amount of money spent on construction in Asia Pacific region for developing commercial and residential building is projected to drive growth for the industry. Product applications in construction industry include manufacturing of adhesive, concrete, fibres, resins and plastics. These materials require products such as polyurethane, polyethylene, methanol and styrene. Moreover, with high construction spending particularly in emerging markets of Latin America and Asia Pacific for building non-residential buildings such as institutions and offices are expected to fuel growth over the forecast period. Rise in demand of derived products such as insulation materials and synthetic rubber owing to properties such as durability, flexibility, light weight and strength are expected to drive growth for the industry. Insulation materials are made up of polyethylene and polyurethane and are used in fuel tank manufacturing. Synthetic rubber is used in tire manufacturing.

Furthermore, with capacity additions made in Middle Eastern countries such as UAE and Saudi Arabia, the region is expected to cater to rising demand for petrochemicals emerging from regions such as Asia Pacific. Middle Eastern countries benefit from low feedstock prices used for production. India and China due to its proximity to Middle East and relatively subsidized price of feedstock, import nearly 70% of their total demand from these countries. However, with the shift in preference towards bio-based chemicals along with strict government regulations is projected to hinder market growth. With rise in shale gas exploration in countries such as China, Canada and US is projected to provide lucrative opportunities to industry players.

Market Segmentation

Global petrochemicals outlook by product (Volume, Million Tons; Revenue, USD Billion; 2014 - 2025)
        • Ethylene
        • Propylene
        • Butadiene
        • Benzene
        • Xylene
        • Toluene
        • Vinyls
        • Styrene
        • Methanol

Petrochemicals outlook by region (Volume, Million Tons; Revenue, USD Billion; 2014 - 2025)
        • North America
        • Europe
        • Asia Pacific
        • Rest of Asia
        • Middle East
        • Africa
        • Latin America