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Monday 29 August 2016

Corporate Web Security Market: Global Industry Analysis, Market size and Strategies 2023

According to a new market report published by Credence Research Inc., “Corporate Web Security (Information Technology and Telecom, Government and Public Utilities, Banking, Financial Services and Insurance, Defense and Intelligence, Healthcare, and Others (Retail, Manufacturing, etc)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the corporate web security market is expected to expand at a double digit CAGR between the forecast period 2015 – 2022.



Market Insights
Web security solutions are the solutions which offer both outbound and inbound security to business enterprises, shielding them against several web-based threats including viruses, spyware, phishing attacks, and other forms of malware. It also allows business organizations to manage access to information on the web through multiple media. Growing awareness regarding the optimum management of the Internet traffic and associated security concerns has necessitated corporate enterprises across the globe to deploy web security solutions on a wider scale. Furthermore, need for robust network security at workplace has urged the government, public utilities, and intelligence agencies to enforce web security policies and regulations.
Browse the full Corporate Web Security Market @ http://www.credenceresearch.com/report/corporate-web-security-market

Competitive Insights
The global corporate web security market is highly fragmented and competitive. The top four players in the corporate web security market accounted for less than forty five percent of the global market revenue share in 2014. Some of the leading players identified in the corporate web security market include Blue Coat, Inc. (the U.S.), Websense, Inc. (the U.S.), McAfee, Inc. (the U.S.), Cisco Systems, Inc (the U.S.), and Trend Micro (Japan). Other players including ContentKeeper Technologies (Australia), Barracuda Networks, Inc (the U.S.), Symantec Corporation (the U.S.), Trustwave Holdings (the U.S.), Webroot Inc. (the U.S.), Palo Alto Networks, Inc. (the U.S.), Bloxx, Ltd. (the U.K.), Zscaler, Inc. (the U.S.), and Kaspersky Lab (Russia) have been identified as some of the emerging and promising players in the corporate web security market. While the local vendors and solution providers continue to dominate their respective markets, the period between 2012 and 2014 saw global vendors penetrating markets such as China, India, and South Korea. Intensifying competition between the global and domestic web security vendors is expected to stir the web security industry in the coming years. The established players in the market are expected to be on their toes as they would need to come-up with innovative offerings in order to stay ahead of the competition.
Key Trends
·         Increased Web 2.0 and Email Threats
·         Need for protecting corporate/enterprise network from security breaches
·         The web security solutions continue to evolve as solution providers seek to integrate and provide additional capabilities capable of addressing concerns of businesses regarding web activity.
·         The proliferation of social networking websites and their consequent use as business tools in the enterprise environment have led to an increased need for monitoring web usage patterns of employees.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290

Friday 26 August 2016

Quantum Dots Display Market (QD Display) is expected to reach at a CAGR of 53.1% during the forecast period 2015 to 2022.Credence Research INC

According to a new market report published by Credence Research Inc., “Quantum Dots Display (North America (U.S., and Canada), Europe (EU7, CIS, Rest of Europe), Asia Pacific (Japan, China, Indian Subcontinent, Rest of Asia Pacific), and Rest of World (Latin America, Middle East, and Africa) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the quantum dots display (QD Display) market is expected to expand at a CAGR of 53.1% during the forecast period 2015 to 2022.Credence Research INC

Browse the full Quantum Dots Display Market @ http://www.credenceresearch.com/report/quantum-dots-qd-market

Market Insights

The quantum dots technology has made significant inroads in large format display solutions like televisions. This can be majorly attributed to their superior characteristics including color purity, energy efficiency, and color performance. Although few quantum dots based televisions have been introduced in the recent years, the market is still in infancy and would need another two to three years to realize full potential. Although, the technology is yet to attain commercial acceptance in small display formats including smartphones and laptops, it holds attractive future prospect. 


The use of quantum dots technology in display units is likely to eliminate the need for the backlight source and primary substrate. With proven superiority over competing display technology in terms of energy efficiency and color purity, quantum dots are likely to be the next generation electronic display technology. The quantum dots display (QD Display) market is still in the nascent stage and is poised to offer immense growth potential during the forecast period 2015 – 2022.

Competitive Insights:

The global quantum dots display (QD display) market is fragmented and in the nascent stage of development. As such, the leading top 4 players in the global quantum dots display market account for less than 45 percent of the global market revenue. Some of the leading manufacturers identified in the global quantum dots display (QD display) market include QD Vision, Inc. (the U.S.), Nanosys, Inc. (the U.S.), Nanoco Technologies Ltd (the U.K.), QD laser, Inc. (the U.S.), Samsung Electronics Co. Ltd. (South Korea), LG Display Co. Ltd. (South Korea), Quantum Materials Corporation (the U.S.), and Ocean NanoTech LLC (the U.S.) among others. Furthermore, the quantum dots display market includes large number of niche players, accounting for trivial market share individually. The quantum dots display market is driven by technology innovation and thus the competitive rivalry among current market players is comparatively high.


Key Trends:

  • Introduction of Cadmium free quantum dots
  • Perpetually increasing demand from the consumer segment
  • Growth opportunity in the healthcare application domain
  • Superior optical properties as compared to competing display technologies
  • Government initiatives to promote energy efficient solutions are having positive impact on the market growth.


About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290

Thursday 25 August 2016

Home Energy Management Systems Market (HEMS): Global Industry Analysis, Market Share and Forecast 2023

According to a new market report published by Credence Research, Inc., “Home Energy Management Systems (HEMS) (Wi-Fi, ZigBee, Z-Wave, and Other Technologies (Insteon, X10, Wireless M-Bus, etc) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the home energy management systems (HEMS) market is expected to expand at a CAGR of 22.3% from 2015 to 2022, reaching US$ 3,241.9 Mn by 2022.

Product and Market Insights
Home energy management systems (HEMS) are devices that allow home owners to control, monitor, and manage their electricity consumption optimally. The global home energy management systems (HEMS) market is currently in the budding stage of development. The industry has been determined to develop a universal platform capable of solving issues concerned with the interoperability, interface, and installation.


Browse the full Home Energy Management Systems (HEMS) Market @ http://www.credenceresearch.com/report/home-energy-management-systems-hems-market


Competitive Insights
The global home energy management systems (HEMS) market is concentrated and technology driven. The top four home energy management system manufacturers account for over 45 percent of the global market revenue. Panasonic Corporation (Japan), Honeywell International, Inc. (the U.S.), Nest Labs, Inc. (the U.S.), General Electric Company (the U.S.), and Vivint, Inc. (the U.S.) are identified as some of the leading players in the home energy management systems (HEMS) market. Other players including Alarm.com (the U.S.), Ecobee (Canada), EnergyHub, Inc. (the U.S.), Comcast Cable (the U.S.), EcoFactor (U.S.), and Cisco Systems, Inc. (the U.S.) have been marked as some of the promising and emerging players in the global home energy management systems industry. The market competition is characterized by the presence of both core solution suppliers and application sub-system providers.
Their approach has been to offer energy management solutions as a part of home automation products and services. The new entrants in the home energy management systems market need substantial capital investment. Furthermore, to keep pace with the technological advancements, they are required to dedicate heavy budget for research and development activities. On the contrary, favorable government regulations promoting optimum electricity consumption is expected to have positive impact on the new players entering the market. As such, the market poses moderate threat to new entrants.
Key Trends
·         Growing interest in residential demand response and roll-out of smart utility meters
·         Increasing efforts by manufacturers to develop multi-featured home energy management systems capable of connecting with multiple control devices and being managed from a remote location
·         Growing desire to manage electricity consumption and curb electricity bills

About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290

Tuesday 23 August 2016

Set-top Box Market: Global Industry Analysis, Market Trends and Forecast 2023

According to a new market research report published by Credence Research “Set-top Boxes (Cable Television STB, Satellite Television STB, IPTV STB and Hybrid STB) Market - Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 - 2022”, the set-top boxes market is projected to expand majorly due to digital switchover of television service worldwide. With most of the countries globally setting deadlines to achieve 100% digital television transition, market is expected to register strong growth in the near future.


The set-top box is among the prime components of the digital television ecosystem. It refers to a receiving device used to convert the received content to a format compatible with the user’s television. Due to increasing shift towards digital television, the market for set-top boxes has witnessed paradigm shift in the last few years. Moreover, with widespread digital television transition worldwide, the market is projected to rise significantly in the coming years. Apart from the digital television transition, the market is strongly driven by the rising advancements in the television broadcasting. The introduction of high definition (HD) and ultra-high definition (UHD) television channels has led to a promising replacement trend in the market. Most of the subscribers worldwide are now shifting towards HD and UHD subscription resulting into continued demand for STBs.
The global set-top boxes market is broadly segmented on the basis of type, video resolution and geographical regions. Based on the video resolution, the market is segmented into standard definition (SD), high definition (HD) and others. The others segment comprises the advanced video resolution channels such as UHD and 8K. Due to growing adoption of high-end television sets worldwide, the others segment is expected to register the highest growth in the coming years. Further, on the basis of type, the market is segmented into cable STB, satellite STB, IPTV STB and hybrid STB. The satellite television STB segment currently dominates the market and is expected retain its position in the coming years. On the basis of geographical regions, the market is segmented into North America, Europe, Asia Pacific and Rest of the World.


Some of the major players in the set-top boxes market include Cisco Systems, Inc., ARRIS Group, Inc., HUMAX Electronics Co., Ltd., Technicolor SA, Huawei Technologies Co., Ltd., ADB (Advanced Digital Broadcast) SA, Samsung Electronics Co. Ltd., Apple, Inc., EchoStar Corporation and Kaonmedia Co. Ltd. among others. The market is fragmented in nature with global players facing significant competition from the regional players. One of the major strategies adopted by the companies is acquisition and partnerships with other players. Acquisition of Customer Premises Equipment (CPE) segment of Cisco Systems, Inc. by Technicolor SA is one of the most prominent instance.


About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com

Acrylic Acid Market: Global Industry Analysis, Market Strategies and Forecast 2023

In 2014, the global market for acrylic acid was valued USD 9.50 billion and is projected to reach USD 15.43 billion by 2022 growing at a CAGR of 6.8% from 2015 to 2022. In terms of volume in 2014 the global market for acrylic acid was 5.00 million tons and is projected to reach 7.10 million tons by 2022 growing at a CAGR of 5.0% from 2015 to 2022.

Rising demand of acrylic acid from wide range of end user applications such as construction, automotive and packaging sectors is one of the major factors driving the market growth. Untapped economies such as Middle East, North East Asia, Eastern Europe and Latin America offers huge growth potential. Environmental concerns and health hazards associated with acrylic acid is one of the major factor inhibiting the market growth. However, commercial production of bio based acrylic acid is one of the most promising factor which will drive growth over the coming years.


The demand for acrylates is the highest from various end use applications. Acrylates is widely used in surface coating applications and is projected to grow at a CAGR of 6.8% from 2015 to 2022 in terms of revenue. Superabsorbent Polymers (SAP’s) are projected to be the fastest growing segment. It is projected to grow at a CAGR of 5.3% from 2015 to 2022 in terms of volume. Disposable baby diaper is the largest sector of SAP. However, the demand growth is limited to developing economies, while the most developed regions have reached maturity.

In 2014, Asia Pacific is the largest as well as fastest growing market. It is projected to grow at a CAGR of 5.3% from 2015 to 2022 in terms of volume. High demand for baby diapers and ageing populations is one of the major factor driving the market growth in this region. China is one of the major consumer as well producer of acrylic acid. Asia Pacific was followed by North America and Europe in 2014.
Some of the major players present in this market are BASF SE, Evonik Industries, Sasol Ltd, The DOW Chemical Company, Nippon Shokubai Co. Ltd, and Arkema SA among others.


Blog: 


About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com

Wednesday 17 August 2016

Global Precision medicine market is expected to reach USD 98,250.4 Mn by 2023

The latest market report published by Credence Research, Inc. “Global Precision Medicine Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,” the precision medicine  market was valued at USD 38,878.6 Mn in 2015, and is expected to reach USD 98,250.4 Mn by 2023, expanding at a CAGR of 12.3% from 2016 to 2023.
Market Insights
Precision medicine is a new technology applied for treatment and prevention of chronic diseases based on the variability in individual genes and other lifestyle characteristics. In precision medicine, diagnostic testing is frequently employed for selecting suitable and optimal therapies based on the framework of a patient’s genetic content or other molecular or cellular analysis. Tools engaged in precision medicine can include molecular diagnostics, imaging, and analytics/software. According to U.S. Food and Drug Administration (USFDA), advances in precision medicine have already led to powerful new discoveries and several new FDA-approved treatments that are tailored to specific characteristics of individuals, such as a person’s genetic makeup, or the genetic profile of an individual’s tumor. The experts from USFDA also suggests that patients with a variety of cancers routinely undergo molecular testing as part of patient care, enabling physicians to select treatments that improve chances of survival and reduce exposure to adverse effects.
Browse the full report Precision Medicine Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 report athttp://www.credenceresearch.com/report/precision-medicine-market
Geography segmentation of precision medicine comprised regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. North America was observed as the largest and most potential regional market for precision medicine market. North America constitutes regional markets of U.S. and Canada, the rising prevalence of cancer and supportive government policies are the major drivers for the growth of precision medicine market in this region. The developed healthcare infrastructure, high public awareness related to novel technologies for cancer management, and rising research and development activities related to precision medicine are the key factors assisting the growth of North America precision medicine market.
Market Competition Assessment:
The precision medicine market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Biocrates Life Sciences, Nanostring Technologies, Tepnel Pharma Services, Intomics, Ferrer InCode, Abbott Laboratories, Almac Group, Ltd., bioMérieux SA, Covance, Silicon Biosystems (now part of the Menarini Group), Pfizer, Eagle Genomics, Source Precision Medicine, Inc., Laboratory Corporation of America Holdings, Medtronics, Novartis, Qiagen, Quest Diagnostics, Roche Holding, Teva Pharmaceuticals, and others.
Key Market Movements:
  • A large number of research and development activities are assisting the development of precise drugs, targeted therapeutics, and laboratory tests for various disease conditions
  • For year 2016, President’s Budget included USD 215 million for precision medicine initiative as it will pioneer a new model of patient powered research that will accelerate the research and development activities
  • In Asia-Pacific several factors such as rising initiatives from the government and contributions from academic laboratories related to research and development in field of precision medicine are expected to assist the growth of the region throughout the forecast period.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com 
Ph: 1-800-361-8290

Human Chorionic Gonadotropin Market: Global Industry Information, Market share and Forecast 2023


According to the latest report published by Credence Research, Inc. “Human Chorionic Gonadotropin Market (Treatments: Female Infertility, Oligospermia, Cryptorchidism & Others; Technology: Natural Source Extraction & Recombinant DNA Technology): Growth, Future Prospects and Competitive Analysis, 2016-2022,” the human chorionic gonadotropin market was valued at USD346.3 MN in 2015, and is expected to reach USD533.7Mn by 2022, expanding at a CAGR of 6% from 2016 to 2022.


Browse the full report Human Chorionic Gonadotropin Market @ http://www.credenceresearch.com/report/human-chorionic-gonadotropin-market


Market Insights
Infertility treatment in both males and females is the major treatment area where HCG is commonly administered. Growing incidence of infertility in women, contributed by increased maternity age, lifestyle effects and others, hormonaldys functions in men and growing incidence of oligospermia are the key factors that have supported the demand for HCG drugs in the market. The demand for HCG is steady in developed markets of Europe and North America. On the other hand, growing awareness in general population and development of healthcare infrastructure are supporting the growth in demand for HCG drugs in emerging markets.
HCG supports the normal development of egg in ovary and stimulates egg release during ovulation. It is also used for infertility treatment in women and to augment sperm count in men. Young boys with undescended testicles are also administered HCG treatment. Hugh prevalence of both male and female infertility issues, expanding incidence of low sperm count and sperm density in men are is the key factor driving the HCG drugs market. A majority of the products currently available in the market are natural source, i.e. urine derived HCG. However, in view of batch to batch inconsistency in product purity and requirement of large amount of urine has resulted in emergence of recombinant production technology.
North America is expected to be the largest and most potential regional market for human chorionic gonadotropin. North America constitutes regional markets of U.S.and Canada, the rising incidence of infertility cases, lifestyle effects and others, hormonal dysfunctions in men and women are the major driver for the growth of the global human chorionic gonadotropin market. Asia-Pacific is the expected to be the most potential regional market for human chorionic gonadotropin market by2022. Over the next six years, the growth of the market in the Asia-Pacific region is likely to be centered in Japan, South Korea, China, and India. The key players in human chorionic gonadotropin market are EMD Serono, Inc.,Ferring B.V., Merck & Co., Inc., Bristol Myers Squibb Company and Fresenius KabiUSA, LLC.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290

Friday 12 August 2016

Global Medical Waste Management Market to Reach Worth USD 15.81 Bn by 2022

According to the latest report published by Credence Research, Inc. “Medical Waste Management: Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the medical waste management market was valued at USD 10,861.3 Mn in 2015, and is expected to reach USD 15,806.6 Mn by 2022, expanding at a CAGR of 5.4% from 2016 to 2022.
Market Insights
Medical waste comprises the waste material generated in healthcare facilities, medical laboratories, clinical research laboratories and such other locations. Medical waste management is defined as processes that involves control on generation, storage, treatment, collection and disposal of medical waste. Proper management of medical waste has been identified as need of the hour considering their gravity of impact on general health and wellbeing, environment conservation and welfare of healthcare workers.
Browse the full report Medical Waste Management: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/medical-waste-management-market
Rigid environment and safety guidelines and regulations for handling and processing of medical waste have been created across all the developed regions of the world. Healthcare facilities and pharmaceutical manufacturers are the largest producers of medical waste. Since the healthcare infrastructure of the developed world is well established, compliance to the guidelines form a considerable component of overall hospital and medical facility management in these regions. Compliance to such stringent rules has urged healthcare facilities to shift their activities from on-site waste management to off-site options through contractual arrangements, in order to augment overall administrative efficiency and ensure safety.
Through outsourcing of medical waste management activities, it is ensured that highly skilled workers collect, handle, treat and dispose medical waste in a cost effective way while simultaneously assuring environmental and human safety. Some of the prime observations in this market are:
  • Large hospitals and outpatient facilities are the largest generators of medical waste
  • Incineration in the most common method of medical waste treatment
  • Preference for on-site medical waste treatment will drop in the future in the view of cost management and administrative convenience
  • Outsourcing of medical waste management processes is majorly an outcome of cost constraints in planning medical facilities since the economic upset in 2008
  • The market in developed regions is fragmented with several local companies exhibiting rigorous market activities
Moreover, emerging markets of Asia-Pacific, Latin America and Middle East Africa will be the fastest developing market in the view of the rapid infrastructure development and healthcare expenditure. Growing awareness in these regions has also urged the governments for developing well-defined regulations for medical waste management.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290

Fermentation Chemicals Market is predicted to Reach at US$ 66.0 Bn by 2022, Credence Research

According to a new market report published by Credence Research “Fermentation Chemicals Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the fermentation chemicals market was valued at US$ 47.4 Bn in 2016, and is expected to reach US$ 66.0 Bn by 2022, expanding at a CAGR of 5.6% from 2016 to 2022.
Market Insights
The metabolic process which converts sugar into acids, alcohol and gases is known to be fermentation. Fermentation process helps to speed up the reaction coz its catalyst property. Therefore, it is used in a wide range of end-use industries. Fermentation process is used as a vital raw material in the alcohol industry. Alcohol is the major product obtained from fermentation process. Alcohol market is the largest market boosting the growth of global fermentation chemicals in the market. It is produced by fermenting grains, grapes, etc. which give end product as beer, wine, spirits, etc. Among the listed end products, beer is considered to be the largest selling alcohol. Rising demand for alcohol has therefore led to growth of global fermentation chemicals market in 2016.
Browse the full Fermentation Chemicals Market @ http://www.credenceresearch.com/report/fermentation-chemicals-market
On the basis of product type, fermentation chemicals market is segmented into alcohol, enzymes, organic acid and others. Alcohol accounts for larger share of global fermentation chemicals market. Enzymes followed alcohol in terms of demand in the market. It accounted to be the second largest product segment of fermentation which is used in large number of end use industries. Organic acid are the third largest category in fermented products. They are widely used as food additives in the food industry. Products of fermentation are also used in other industries such as cosmetic and pharmaceutical industry. Cosmetic & pharmaceutical industry is the major factor driving the growth of global fermentation chemicals market and is expected to rise in the near future.
Competitive Insights
Industrial applications accounted to be the major application segment with more than 15% share of global fermentation chemicals market. Fermentation chemicals are used for various industrial applications ranging from plastic, chemical, rubber, biofuel, leather and textile among others. Consumption of enzymes is the largest in terms of both volume and value in the detergent industry. The uses of enzymes have better ability to remove stains and make the detergent environmentally safe. Food & beverages accounted as the second largest application of fermentation chemicals market in 2016. Fermentation chemicals are used as food additives widely in the food & beverages industry. Hence, high demand is reported for fermentation chemicals from the food & beverages industry. Pharmaceutical industry is the major factor driving the global fermentation chemicals market. Other applications such as plastic & fibers and others are also anticipated to boost market demand for fermentation chemicals during the forecast period from 2016 to 2022.
Key Trends
  • High demand from various end use industries
  • Cosmetic & pharmaceutical industry driving the growth of market
  • Asia Pacific is the fastest growing region for fermentation chemicals
  • Opportunities from increase in industrial applications
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290