Zeolite Market Size, Share, Revenue, Gross Margin, Segment and Forecast 2022

Global Zeolite Market accounted for USD 27.9 billion as of 2014. The market is anticipated to generate significant growth rate over the forecast period on account of rising detergents, consumer awareness for hygiene and increasing refining output. Other growth drivers which are also expected to propel the market growth include fortification of zeolites across pet litters, concrete industries, and agricultural usage.

Zeolites or Hydrated aluminosilicate are a type of minerals made from an interlinked bond of Silica (SiO4) and Alumina (AlO4).The chemical structure of these minerals can be describes as solids with relatively open three-dimensional structure built from a combination of elements such as oxygen, aluminum and silicon with an alkali base or alkaline-earth metals such as magnesium, sodium and potassium coupled with water molecules trapped in the gaps between these double bonds whereas the physical structure can be defined as crystalline in nature, having large pores or cavities evenly arranged.

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According to US geographical survey, there are forty naturally occurring zeolites sourced from volcanic and sedimentary rocks. Mordenite, Chabazite, Clinoptilolite forms have the highest mining as well as there are approximately 150 synthetic zeolites. These minerals can resist any kind of temperature conditions owing to its high-temperature resistance, high melting points, high-pressure resistance, resistance to inorganic solvent and water dissolution, and resistance to oxidation. These unique physical and chemical properties of zeolite minerals have boosted high demand for the product globally which can be further analysed with its global market estimation, market dynamics, and competitive landscape.

Macro-economic factors such as rapid increase in disposable income coupled with external factors such as environmental protection are also expected to fuel the zeolite industry in major regions such as MEA, Asia Pacific, and Latin America. Natural zeolite accounted for over 60% as well as dominated the global market owing to its non-toxicity reaction and low cost in 2014. However, presence of natural reserves, increasing demand from water treatment and concrete solutions are identified to augment the market growth over the upcoming years.

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However, the synthetic zeolite is likely to grow at an estimated CAGR of over 2.5% of sales volume over the forecast period owing to increasing demand from laundry detergent industry as well as heavy usage of synthetic zeolites in oil and gas industry. Improved manufacturing process coupled with technological innovations, reduced production complexity is also expected to positively impact the industry despite catalysts substitution threats which can pose a restraint to the future market growth.

Zeolite has several end-use applications such as detergent builders, adsorbents, and catalysts. The detergent builder segment accounted approximately USD 19000 million of the global revenue, thereby capturing the market share in 2014. Increasing consumption of ion exchangers is further expected to boost the segment growth over the forecast period. Other physical properties identified which are expected to drive zeolite demand in the detergent segment include reduced fiber damage, higher chemical stability, low toxicity, and color protection of clothes. Zeolite usage as adsorbents is anticipated to grow at CAGR of over 1.5% over the forecast period owing to increasing demand from several end-uses such as water treatment, packaging, air drying & separation, petroleum refining, and gas separation.

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Regional analysis stated that in 2014, Europe accounted for nearly 1,600-kilo tons and dominated the global market owing to an abundance of natural zeolite reserves in Turkey and Russia, and several government initiatives and investments for bio-based chemical productions. Other highly demanding applications such as waste water purification and treatment and drying & purification of gasses are further expected to fuel the market growth from this region from 2014 to 2022.Asia Pacific is likely to capture a significant growth with an estimated CAGR of over 3.0% of global volume over the forecast period on account of rising investment in infrastructure emerging markets such as Indonesia, India, China, Malaysia and other South-Asian countries.

Some of the key players in the global zeolite market include Arkema Group, Tosoh Corporation, Interra Global Corporation, UOP LLC, Grace Catalysts Technologies, BASF SE, KNT Group, Zeox Corporation, Zeochem AG, and Tricat Group. Technological innovation and various strategies are highly adopted by these players to have a strong foothold of their global presence and expand their market specifically Europe and Asia Pacific owing to increasing demand of zeolite application from these regions.

Fatty Acid Esters Market Revenue and Technology Outlook by 2022

Global Fatty Acid Esters Market was valued at USD 1,830.2 million in 2014 and is expected to reach USD 2.44 billion by 2022, with a CAGR of 4.6%. Fatty Acid Ester market is expected to witness robust growth over the forecast period owing to the increasing demand in the food industry, cosmetics, and personal care. In the food industry, Medium chain triglycerides (MCT) are used in weight loss programs as they have fat-burning properties and low calorific content.

In addition, FEAs such as polyols esters and emollient are gaining importance as they have a positive impact on the growth of bio-based and natural ingredients in personal care and cosmetic industry. The natural ingredients used in lotions and creams for infant care, hair, and skin, helps in substituting synthetic and toxic chemicals which are harmful for the personal use. Also, the fatty acid ester from natural ingredients are inexpensive as compared petroleum-based and synthetic chemicals. The manufacturers and consumers are progressively adopting these products so as to prevent from high production cost and various climatic changes.

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The rising obesity and growing concern related to beauty and fitness are the factors projected to stimulate the market growth. Moreover, the regulatory policies and escalating consumer awareness level regarding bio-based products and polymers are the key factors presumed to drive the development of this industry.Technological advancement is one of the vital factors expected to increase the efficiency and production of FEAs owing to genetic engineering. Furthermore, the evolving fatty profiles of vegetable oils such as sunflower oil, palm oil and canola and the introduction of high-yielding crops are estimated to escalate the production of FEAs.

The increasing entrenched oil consumption due to the proliferation of processed fried foods is anticipated to drive the demand in food industries. In addition, rising living standards and declining edible oil prices are other drivers projected to fuel the growth of global fatty acid ester market. The market on the basis of the product is segmented into isopropyl esters (isopropyl myristate and isopropyl palmitate), glycerol monostearate (GMS), medium chain triglycerides (MCT), and other esters such as sucrose, polyol, and emollient. GMS is expected to hold the largest market share owing to the high usage in food industry mainly for frozen foods and ice creams as thickening agent and emulsifiers.

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MCT is estimated to be the fastest growing segment owing to the low-calorie content. Furthermore, the reduced chain length of the product promotes quicker metabolism and contributes to accelerating the demand for weight loss programs across the globe. Isopropyl palmitate is expected to grow at a significant pace owing to the rising demand in the cosmetic industry.

The use of fatty acid ester in various applications is presumed to boost the market growth. The applications include surfactants & detergents, personal care & cosmetics, food processing, lubricants and pharmaceuticals and construction industries. Personal care & cosmetics is projected to hold the largest market share owing to the increased functionality and eco-profile product. Therefore, resulting in high demand in niche applications such as water solubility, thickening, and anti-irritant agent. Food industry is estimated to have tremendous growth in coming six years owing to the increasing consumption of these esters in various processed foods.

Geographically, the key regions identified in this industry are North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America is estimated to dominate the market followed by Europe owing to the high consumer awareness level regarding beauty and fitness. In addition, increasing adoption of MCT is projected to have a positive impact on the market growth. Asia Pacific is expected to witness the fastest growth over the decade owing to the rising disposable income in this region. This has led to increasing consumption of fatty and processed foods.

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The key players in this industry include DuPont, P&G Chemicals, Evonik Industries, Cargill Inc., Estelle Chemicals Pvt. Ltd., Fine Organics, Stepan Company, KLK Oleo, The Seydel Companies and World Chem Industries. Other prominent players are A.B. Enterprises, Zhengzhou Yi Bang Industry Co. Ltd., Metroshen International Corporation, Faci Asia Pacific Pte. Ltd, and Oleon N.V.

The market is highly competitive in nature as the players in order to increase their market share are adopting certain strategies such as new product development and collaborations. In April 2016, according to the journal of food science, a series of novel I-ascorbyl fatty acid esters were synthesized by catalization of Novozyme 435 using electrospray ionization mass spectra, ultrasonic irradiation, nuclear magnetic resonance and spectroscopy. In 2014, the FDA approved Epanova (omega-3-carboxylic acids) manufactured by AstraZeneca. The drug is used for the treatment of hypertriglyceridemia containing fish-oil derivative free fatty acid.

Thermal Imaging Market Development Trends, Economic Impacts and Market Forecasts to 2020

Industry Insights

The Global Thermal Imaging Market size was valued at USD 3.2 billion in 2012 and is poised to reach USD 6.50 billion by 2020, with a CAGR of 9.1%. High demand of thermal imaging across residential and commercial sector is expected to fuel market growth. Cost effective cameras are available easily due to mass production. Moreover, wide scale use of cameras across diverse range of application is expected to drive market growth over the forecast period.

Technological innovation leading to development of micro bolometers is expected to open up several growth opportunities over the forecast period. Micro bolometers have led to high commercialization of thermal imagers and is projected to fuel demand for global thermal imaging market.

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Growing need of cameras in surveillance and security applications across public and private sectors is expected to drive market growth. Moreover, with the need for increased security among citizens, the market is expected to experience substantial growth over the forecast period. High investment in infrastructure development along with growing demand for professional surveillance is projected to bolster growth for the industry. However, decline in defence budgets of many countries such as Italy, France, U.S., and Canada would hinder the market growth over the forecast period.

Application Insights

Thermal imaging is primarily used in industrial, residential, commercial and military & defence applications. Thermal imagers are used to monitor critical manufacturing processes, detect hot spots in mechanical or electrical installation in industries. Commercial applications comprise of building diagnosis and airport security. Furthermore, it is widely used in numerous security applications. Residential sector is expected to witness substantial growth owing to availability of low cost devices and high product penetration. Thermal imaging helps in reduce time-consuming and costly investigations and is used to conduct detection of moisture in walls, ceiling, roofs, plumbing leaks or blockages and energy audits.

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Regional Insights

North America is expected to emerge as the dominant regional market owing to high demand for thermal imaging devices across several law enforcement activities. Furthermore, growth across both commercial and industrial sectors is projected to drive product demand over the forecast period. Rising demand in surveillance and security applications is projected to fuel demand in Europe. Owing to rising defense budget in Asia-Pacific, the region is projected to grow substantially.

Competitive Insights

Some of the major players in the industry are Raytheon Company, FLIR system Inc., BAE systems Inc., and DRS technologies Inc. Constant price wars and high competition among the companies is a characteristics of the market. High importance is laid on developing advanced and cost effective apartments by companies. Product differentiation also forms a key part of business growing strategy. FLIR systems Inc. expanded its portfolio by introducing smartphone with thermal imaging ability. Other players in the industry are Axis Communications, Honeywell, Nippon Avionics, Safran, Lockheed Martin, Sofradir EC Inc., Ulis, Testo AG, and Thermoteknix Systems Ltd.

Manufacturer focus primarily on innovation of new technologies and unique products, global deployment, and building capacities to design for large volumes and also reduce production cost. Vertically integrated operations help companies to emphasize on enhancing control on multiple production inputs, customer service and rapid product development cycle. The industry is also characterized by high degree of vertical integration between manufacturers and suppliers.

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Companies are able to maintain control over component technologies using vertical integration. Moreover, an integrated approach enables manufacturers in achieving lower improved functionalities and lowering costs. This approach minimizes dependency on third party suppliers for critical components facilitating companies to meet critical deadlines. FLIR system built a manufacturing model which was vertically integrated in order to optimize its manufacturing output and reduce dependence on third party vendors for supply of critical components.

Manufacturers emphasize on vertically integrating operations including global deployments such as designing large production volumes, innovating new technologies and differentiated products and simultaneously lowering production costs by providing better customer service, rapid development cycles and controlling multiple production inputs. Vertical integration in companies offer better control over key component technologies in addition to lowering manufacturing costs and refining operational competencies. This adds value to supply chain operations by making it much more efficient.

Consumer Network Attached Storage (NAS) Market Research Methodology and Scope Analysis by 2025

The Global Consumer Network Attached Storage (NAS) Market size was valued at USD 2.18 billion in 2016 and is anticipated to reach USD 8.20 billion by 2025. Global Consumer Network attached storage (NAS) market is expected to witness a significant increase in the market over the forecast period. Rapid growth in digital content is expected to drive the network attached storage market over the forecast period. NAS is a file storage device which enables sharing files either by software, hardware or through configuration between enterprise users. It is operated by connecting data storage to a computer network providing data access to a group of clients. In a consumer NAS market the software is used to store and share files such as music, photos and multimedia among multiple devices. Requirement of personal data backup by the consumers is anticipated to drive market growth. Backup is essential because of its importance in preventing data loss and avoid growing number of computer viruses which corrupt and damage the data.

Increase in mobile devices market combined with high internet usage is expected to drive the market growth since file sharing is commonly used in several devices such as tablets, smart phones, laptops and computers globally. Various files can be accessed through Mobile devices when connected to the NAS appliances. It also provides high performance storage anywhere from 500GB to 4TB and faster access to stored data. These appliances can also be connected to printers at workplace or household.

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Increasing demand for multiple connections and multimedia streaming at households is expected to drive the market growth. NAS compared to portable hard disks provide better efficiency and can connect multiple computers to a router via Ethernet or Wi-Fi. For example, if a consumer wants to connect multiple devices like gaming system, a huge music & entertainment system or a network security camera, to stream out to variety of devices, NAS helps in sharing files among all these devices without the need to connect to a computer since they are all connected through a network. They can also manage torrent downloads even when the computer is off.

NAS involves low maintenance costs, are relatively easy to install and can also be operated remotely increasing the convenient usage of the consumers. Once the NAS device is connected to the network consumers can access the content through a web browser or dedicated software. The devices can automatically record footage from networked home security devices thereby increasing the safety and accessibility through the smartphones. Compared to that of Direct attached storage (DAS) and external hard drives these systems are expected to provide high efficiency and performance storage.

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Network attached storage uses Linux operating system reducing the licensing cost of other operating systems. The devices also support Network file system and common internet file system and are compatible completely with MAC, windows and UNIX clients making it globally functioning device. Reduced price of consumer Network attached software is expected to increase the overall demand.

Lack of technical knowledge among end users is restraining the market growth. The consumers cannot proceed directly to back up data instead are expected to proceed only through an installed operating system. Less awareness of the systems and specifications owing to reduced number of consumers pose a threat to the market.

Based on the applications the NAS market is segmented into cloud and data processing components. Cloud processing is widely accepted for its high performance computing power. According to different solutions the industry is segmented into and Hadoop and analytics solutions, Hadoop market is expected to expand at a significant rate because of its wide range of application in weather forecasting to analyzing business trends. Based on end users the market is classified into large enterprises and small/medium office or home office (SOHO). Large enterprises are expected to represent fastest growing segment since they contain Big data and also need larger storage capacity. Consumer NAS is significantly increasing to provide large data power for immersive online computer games.

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North America is expected to be the fastest growing market on account of increased demand of home networks as well as small businesses which would require efficient storage capacity such as NAS along with various technological advances. Developing economies such as India, china, Malaysia, Taiwan, Croatia are also expected to have a steady growth rate owing to large IT service industry base, increase number of internet users, availability of large data, digital media applications, and growth in personal data.

Major players in network attached system markets are apple, Seagate technologies, buffalo technology and Netgear. Other players include Hewlett-Packard Development Company, Hitachi data systems, IBM corporation, iomega, Asustor, Drobo, Transporter and Zyxel. Apple is one of the largest company in terms of revenue. NAS uses file based protocols such as AFP that has been used with Apple Macintosh Computers. Buffalo technologies introduce cost effective NAS systems that are expected to be compatible with all the operating systems.

Education PC Market Regional Estimates and Industry Forecast by 2024

Global Education PC Market is expected to experience brisk growth owing to increase in smart software adaptation for teaching purpose. In addition, rapid growth in education and learning industry is expected to complement the market growth over the next seven years. In course of educational institute that is responsible for incorporating smart technique such as methods used in videos, presentations and interactive modules to facilitate teaching and learning processes is expected to fuel market growth exponentially.

Education PC is equipped to provide important content in animation and video form via internet. Increasing demand in high speed internet coupled with high broadband connection is expected to boost the global market growth over the forecast period. The major advantages of adopting education PC are its adaptability and flexibility in relation to different students with different grasping capabilities. With the technological advancement such as the LCMS and the LMS, the education PC market is benefitted the course content inventors to design vast range of online content in course to major content related to topic is now accessible via internet, colleges and schools are using laptops and desktops for better and efficient content delivery to students, Moreover, it encourages online course materials sharing through internet.

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Rise in need for standardized testing culture in education sector is estimated to contribute for the education PC market growth Technology advancements have increased the innovative hardware production which has further improved the internet connectivity. This advancement is expected to increase the demand for this industry. The education market has witnessed increase in demand for digital learning processes in recent past. The rise in demand for digital learning processes is presumed to enhance the industry growth.

Moreover, this system has easy to adapt characteristic which is expected to increase the demand in forecast period. Government initiatives for e-learning and digital education implementation across the globe in order to enhance learning and increase literacy rate is expected to drive the industry growth. Everyday change in teaching culture requires innovative development according to latest trend. These changes are estimated to hamper industry growth. This industry requires huge funding due to lack in required fund source is expected to hinder the demand for this system in near future.

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Increase in Demand for Technology based teaching system and need for improved online training is an opportunity for the industry vendors to expand in this vertical. Several instructors are not experts and have little experience in smart software usage which is presumed to restrict the industry growth. Due to this the instructors are not able to convey their ideas to the students via PC. Furthermore, lack in knowledge on how to access the software is expected to limit the growth. These factors are expected to restrict these industries development over the forecast period. Spreading awareness about the benefits related to these platforms implementation is expected to be major challenge in this industry.

Based on application the market is segmented as school, universities, educational consultancies, and autonomous institutes. Laptop and desktop computers are the different PC types. Developed regions such as North America and Europe are the dominant regional markets for this industry. Developing region such as Asia Pacific are the regional markets that are expected to witness huge demand for this system in the forecast period. North America appeared as the maximum revenue contributing regional market due to the constant R&D initiatives along with technological innovation which is leading to the better products development.

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And with rise in demand for technology based teaching institute this region is presumed to witness industry expansion. Thus this is further expected to boost the regional market growth. Asia Pacific region is expected to grow at a lucrative CAGR over the next six years due to increasing awareness and adaptation pertaining to the advanced smart software based learning. Rise in educational institute and increase in requirement for high literacy rate will further cater to market growth in this region. Rise in government investments for this education PC implementation is expected to boost the demand for this industry in the coming years.

Education PC market is high cost intensive and requires huge investment for initial setup. Industry participants are investing heavily on research and development to have competitive advantage. Prominent industry participants include IBM Corp., SMART Technologies Inc., AT&T Technologies Inc., Blackboard Inc., Dell Inc., Apple Inc., Microsoft Corp., HP, Lenovo Group Ltd., Toshiba, Panasonic, Samsung, Alphabetics Computer Services, Compaq, LG, Sony, AsusTek, HCL and NEC.