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Market Research Report

We provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

4 Benefits and Top Steps of Performance Management Processes

Your performance management process is an important part of managing your employees overall. It’s a crucial element in reaching the goals of your business and having a healthy HR recruitment and retention expectation. But a performance management policy needs to be more than just annual employee reviews – it needs to be a whole series of conversations, communications, directions, and development that happens on an ongoing basis between managers, HR, and employees.

 

Many employers have deprioritized a holistic performance management process and instead focused more efforts on recruiting or other HR responsibilities. The truth is that performance management processes are a valuable way for businesses to improve not only their employee productivity but their business growth as well.

 

The benefit to the performance management process

 

1. Better planning

Performance management ultimately helps you and your employees get on the same page about goals and expectations, from personal job goals to overall business goals and how the two work together. The performance management process starts in HR with attracting the kind of employees that will help achieve the goals of the position and also outlining the necessary requirements for the position. HR should also work with all managers on helping them learn how to communicate feedback and expectations with their employees. One performance management best practice is to get employees involved during their onboarding practice so that there is accountability between HR, management, and all new hires. This gives everyone an opportunity to be part of the conversation to ask questions and gain an understanding.

 

2. Look at progress more completely

Businesses want to make sure that they’re giving feedback to employees more than just at formal, annual reviews. Managers who incorporate more ongoing or informal feedback through conversations, meetings, and other modes of communication can keep employees and managers both on top of addressing any challenges. It’s also important to try to bring in feedback from other sources, such as coworkers, peers, direct reports, and even customers or clients. These additional sources of feedback and information can lead to better performance.

 

3. Recognize employee contributions

Taking time to recognize your employee’s hard work is a crucial part of your performance management process. Depending on your business and your budget, you can acknowledge employees with bonuses, promotions, thank you notes, conversations, or a more formal rewards system. One research study noted that 82% of Americans don’t feel recognized by their supervisors for their work and many notes that they’d be likely work harder or be more engaged with the public, timely, and personal feedback and recognition from their supervisors.

 

4. Career paths and development

One of the most important parts of the whole performance management process is to ensure that employees know if they have a future with the company or feel that their efforts are appreciated. Career feedback and development can look like a number of things based on your business. Cornerstone On Demand says that “Ongoing career development opportunities may include on- or off-site training, a challenging assignment or taking on new and bigger responsibilities. Manager and employee communication is a key part of this process; employees should feel free to experiment and make mistakes, be honest about what they want to pursue in their career, and know that their manager will advocate for them and help provide the training they need to achieve their goals”

 

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What are the steps in performance management processes?

 

More than just planning your overall employee reviews, your process should include these goals and outcomes, starting before an employee is even hired to fill a role.

 

  • Define the reason or need for the job, job duties, and responsibilities
  • Define employee performance goals with measurable results
  • Define the priority of each of the position’s responsibilities and goals
  • Define the performance standards for each of the job’s roles
  • Regular discussions that provide feedback about individual employee performance and include both positive and constructive feedback
  • Maintain a record of performance through reports and other documentation in an official employee file
  • Provide the opportunity for broader feedback. Use a 360-degree performance feedback system that incorporates feedback from the employee’s peers, customers, and people who may report to him.
  • Develop and manage coaching, training, and improvement plan for employees not meeting expectations, as well as those who are looking for career development

Modern-day performance management processes help keep your HR efforts organized and your business running smoothly. A formal process of what’s included in performance management as well as how it’s documented is key in developing your own internal performance management best practices, leading to clearer management, more productive employees, and higher morale within the company.

 

Developing performance management processes is key to ensuring the longevity of your organization. Making sure your teams know their responsibilities and are meeting them is important in moving forward and growing your business, from revenue to employees to customer engagement. Investing in your employees is an investment in your business and your future.

 

About Us

 

TechFunnel.com is an ambitious technology media web property dedicated to technology news, product reviews, and analyzing how technology affects business, finance, human resources, marketing, government, and everyday life. At TechFunnel.com, you will read the latest news and learn our opinion about product releases that are right for you. Watch videos about the latest trends in software, apps, games, AI, and virtual reality. Connect with a growing community of writers and editors who ask questions, seek answers, and innovate along the way in the realm of technology. In a medium that is meant to be effective and efficient, we strive to be both.

 

Bython Media Inc.

D.B.A. TechFunnel.com

8668 John Hickman Parkway

Suite 1004

Frisco, TX 75034

Phone: +1 (214) 295-7705

4 People Analytics Trends Shaping the Future of Work

People analytics has played a key role in transforming how HR leaders make decisions. It is more than just an emerging HR trend today, it has become central to an organization’s broader people strategy.

 

A research study conducted by Corporate Research Forum found that 69 percent of organizations with 10,000 employees or more now have a people analytics team. These teams provide valuable insights from data collected by monitoring workforce engagements, interactions, and performance. Let’s look at a few trends that are transforming the very nature of work.

 

4 People Analytics Trends That Will Shape the Future of Work 

 

Thought leaders, premier organizations, and HR influencers are constantly experimenting with advanced capabilities of people analytics software. To help you understand how these high-level applications of people analytics will impact future business dynamics, we have listed four people analytics trends that are shaping the future of work.

 

People Analytics Trend #1: Moving from Descriptive to Predictive Analytics

 

Most HR departments relying on people analytics use descriptive analytics to inform their HR decisions. Descriptive analytics relies on the data an organization already has and presents it in an easy-to-understand format. Descriptive people analytics lets HR leaders understand what has already happened. While it is useful, it doesn’t tell you what will happen next. And being able to predict future events based on data is a powerful advantage when it comes to dealing with and influencing employee behavior.

 

Enter predictive analytics. How awesome would it be if your recruitment team could determine if a potential candidate is a perfect fit for your organizational culture even before they’re hired? Or if you could estimate how long an employee stays with the company? Or even identify the risk of attrition for high performing employees?

 

Yes, the advent of predictive analytics has enabled employers to gain such valuable, and in some cases, sensitive insights of their employees. Predictive analysis is the process of analyzing historical and real-time data to predict future outcomes using artificial intelligence (AI) algorithms to provide insights. These insights are potent sources of data points that will influence the future of organizations going into the future.

 

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People Analytics Trend #2: Cognitive Computing Empowers People Analytics

 

You might all be familiar with the spooky yet exciting applications of AI. Tony Stark’s

J.A.R.V.I.S., an artificially intelligent virtual cognitive computer, is a source of inspiration for AI engineers around the world. But what does Mr. Stark’s fictional AI assistant have to do with people analytics?

 

This example is a fictional representation of the capabilities of cognitive computing led by people analytics. Cognitive computing is a powerful combination of data, analytics, machine learning, and infrastructure. Its applications in people analytics promise to reinvent the way HR organizations function.

 

Cognitive computing offers unbiased suggestions and complex insights empowering HR managers to make informed decisions. This technology will go beyond reports and analysis, having deeper dialogues with your employees. Imagine a digital assistant that can answer questions like “what skill should an X employee develop? How?”, “who would be the right fit for X project?”, and “how do people move across business units?”. Yep, spooky!

 

Cognitive computing demonstrates the abilities to understand contexts, form hypotheses and learn from digital footprints. Although a wonder of the future, this thought-provoking technology compels us to rethink our current HR processes.

 

IBM is already at the forefront of implementing this mechanism with IBM Watson – a supercomputer capable of answering questions posed in natural language. The company uses cognitive applications across the employee life cycle to provide solutions for employee problems at multiple stages. Anshul Sheopuri, former  Director of the People Analytics, and now VP and CTO, IBM, quoted in an interview that “in the cognitive era, the role of the HR practitioner will evolve to one of a consultant who can nimbly leverage cognitive solutions and add value where the technology has ‘blind spots’.”

 

People Analytics Trend #3: Shifting Focus from Individuals to Organizational Network Analysis

 

Most people analytics models focus on individual employees. The problem statements for these models ordinarily revolve around – What are the characteristics of high performing employees? How to measure the individual employee experience? How can we boost productivity?

 

However, today’s market leaders are stepping up their game of people analytics by focusing on Organizational Network Analysis (ONA). Deloitte defines ONA as ‘a structured way to visualize how communications, information, and decisions flow through an organization.’

 

ONA enables HR and organizational leaders to analyze the flow of communications, information, and decisions within the company, to gain meaningful insights that will aid strategic decision making. The applications of this system are endless, providing prescriptive solutions to business challenges such as reducing time-to-productivity for new hires, characteristics of high-performing teams, stimulating innovation within the organization and identifying real subject matter experts.

 

In 2017, MIT Slogan Management Review published a case study on how GM used ONA to drive innovation and disrupt the organization from within. The automobile conglomerate leveraged their ONA capacities to identify patterns within employee connections. This activity was focused on classifying a group of employees that have the highest impact on innovation and product design to work together on projects. Coupled with similar initiatives, the program enabled GM to launch innovative products such as Maven and Book by Cadillac.

 

People Analytics Trend #4: Using People Analytics to Identify the Gaps within Organizational Processes

 

Enterprise companies with a massive workforce are determined to identify gaps in their current established structures to maintain equality and attain compliance standards. People analytics poses as a natural solution to this complex challenge. With a proper mix of descriptive analysis and ONA, companies will leverage the power of people analytics to look themselves in the mirror.

 

One such example of people analytics applications is presented by multinational FMCG conglomerate, Nestle. Nestle built a people analytics model to understand and measure the gender pay gap and equity within the organization. In a podcast interview with David Green, Jordan Pettman, Global Head of People Analytics at Nestle, shared how their people analytics team used a winning combination of data, statistics, and psychology to build a regression model that aids their leadership team to measure gender pay gap issues.

 

This is another key application of people analytics that will help organizations identify their structural shortcomings by looking back into history and work together for a better future.

 

Conclusion

 

People analytics has positioned HR functions as one of the primary influencers in business decision making. These people analytics trends will play an important role in shaping the future of organizations in the coming years.

 

About Us

 

TechFunnel.com is an ambitious technology media web property dedicated to technology news, product reviews, and analyzing how technology affects business, finance, human resources, marketing, government, and everyday life. At TechFunnel.com, you will read the latest news and learn our opinion about product releases that are right for you. Watch videos about the latest trends in software, apps, games, AI, and virtual reality. Connect with a growing community of writers and editors who ask questions, seek answers, and innovate along the way in the realm of technology. In a medium that is meant to be effective and efficient, we strive to be both.

 

Bython Media Inc.

D.B.A. TechFunnel.com

8668 John Hickman Parkway

Suite 1004

Frisco, TX 75034

Phone: +1 (214) 295-7705

Solar Tracker Market by Technology, Capacity, Application & Forecast 2025

Adroit Market Research studied “Global Solar Tracker Market, by product (Single Axis and Dual Axis), by technology [Photovoltaic (PV), Concentrated Photovoltaic (CPV) and Concentrated solar power (CSP)] by application (Utility and Non-Utility) and by region (North America, Europe, South America, Asia Pacific and Middle East & Africa) size and forecast 2015-2025”. The Study includes global solar tracker market size till 2025 along with company summaries which include company overview, product offering, and recent developments and financial overview.

 

The global solar tracker market size is expected to reach to 39GW capacity by the end of 2025. Increasing awareness about sustainable & renewable sources of energy coupled with numerous government initiatives and demand & supply gap, a worldwide power shift to solar energy is underway driving the growth of the global solar tracker market during the forecast period.

 

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A single axis solar tracker system is a method wherein the solar panel tracks the sunlight from east to west along a single pivot point to rotate. Horizontal, vertical and tilted single axis are the different types of single axis solar tracker. Single axis is more cost-efficient and hence have surged in demand accounting to more than 60% share in the global solar tracker market by the end of 2025. To gain maximum efficiency, orientation of the system with respect to tracker axis is most important and dual axis have showed increased power output ratios as it shows two degree of freedom that acts on axes of rotation. Thus, the dual axis is predicted to surge in demand with a strong growth rate of 14.6% by the end of 2025 in global solar tracker market.

 

Based on technology, photovoltaic solar trackers will dominate at 70% share by 2025 in global solar tracker market. Photovoltaic panels take both direct and diffuse sunlight to produce electric energy increasing its power output. In the photovoltaic solar tracker system, the tracker will be serving in minimizing the angle of incidence between the sunlight and the panel which increases the amount of energy the installation generates. Improved power output and efficiency coupled with increased electricity cost due to the supply-demand gap, photovoltaic solar trackers have surged in demand and are likely to dominate as no direct substitute is expected in the global solar tracker market during the forecast period.

 

Utility accounted to more than 80% share in the global solar tracker market. Rising demand coupled with increasing cost of electricity, utility are now shifting to renewable sources such as solar energy are projected to surge the demand for solar trackers. Similarly; smart city projects, reducing cost of solar trackers and government schemes across the globe are expected to boost the demand of solar trackers in non-utility sector of the global solar tracker market.

 

Jawaharlal Nehru National Solar Mission, Rooftop scheme executed by SECI (Solar Energy Corporation of India) and Ujjwal Discom Assurance Yojna are few of the key initiatives by the government of India. Owing to these initiatives a shift towards solar energy is seen increasing the adoption to solar trackers. Players such as Nextracker, Mahindra Susten, and Arctech Solar are investing heavily in the country to cater the potential market, thus India is projected for a strong growth during the forecast period in global solar tracker market. For instance, in 2016, NEXTracker a players in global solar tracker market announced that it had delivered India’s largest solar tracker power plant with collaboration with Adani Power Ltd. in the state of Punjab with a capacity of 105 MW. Similarly, in China, more than 500 smart city project are underway and are expected to increase the demand for sustainable solar energy, hence solar trackers are projected to surge driving the market growth in the country. Asia Pacific, is thus projected to witness a strong growth at a CAGR of 17.19% in the global solar tracker market.

 

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The global solar tracker market is dominated by players such as Array Technologies Inc., Arctech Solar, Soltec Renewable SL and NEXTracker Inc. To support the growing demand major players are setting up manufacturing facilities across geography and are also focused on partnerships with local players. For instance in 2016, NEXTracker Inc. partnered APL Apollo Tubes Ltd a player in the steel market in India. The aim to the partnership was to cut down time required for shipment of steel tubes and piers which form the backbone of the solar tracker system by sourcing them locally. Other players associated with the global solar tracker market are Convert Italia SpA, Soltec, Mahindra Susten, SunPower Corporation, GameChange Solar and First Solar.

 

What to expect from the upcoming report on ‘Global Solar Tracker Market:

 

- Future prospects and current trends of the global solar tracker market by the end of forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing economies

- Supportive initiatives by government likely to influence the market dynamics

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

- In-depth analysis of different market segmentations including regional segmentations, and product types

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market

 

Who should buy this report?

 

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

 

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:  

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Global Polymer Modified Bitumen (PMB) Market Size, Research Report 2025

The global polymer modified bitumen (PMB) market size was valued at USD 8.88 billion in 2017. Increasing traffic and the resultant pressure created by the axle load on roads have necessitated the use of polymer modified bitumen. Furthermore, factors such as low maintenance cost and widening applications are contributing towards the growth of the global polymer modified bitumen industry.

 

Polymer modified bitumen (PMB) is a mixture of bitumen and polymers in which the polymer helps in changing the viscoelastic behavior of the bitumen making it more suitable for a range of stresses. Polymer modified binders (PMB) are a major advancement in bituminous binder technology as these materials better satisfy the demands of increasing traffic volumes and loads on road networks. The addition of polymer to regular bitumen makes it more elastomeric with additional elasticity. However, low aging resistance and poor storage stability are some of the factors that can hamper the global polymer modified bitumen (PMB) market growth.

 

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One of the recent trends in the global polymer modified bitumen (PMB) market is the emergence of bio-based bitumen. In June 2018, Aston University scientists developed a new way of converting organic waste, such as paper, decomposed food, and plastic, into a material suitable for road and pavement laying. The usage of this material is expected to reduce the 7.7 million tons of biodegradable municipal waste that is sent to landfills every year. This material could pave a way for a greener and a cheaper alternative as compared to extracting bitumen from oil sands and crude oil, thereby, impacting the overall polymer modified bitumen market size during the forecast period.


Plastomers had a valuation of USD 3.13 billion in 2017 in the global polymer modified bitumen industry. The growth in the applicability and consumption of plastomers is majorly attributed to the enhanced stiffness and viscosity provided by bitumen. Plastomers give bitumen a high initial strength to withstand heavy loads. They have a lower tolerance of strain and can crack at high stresses. EVA (Ethene-Vinyl-Acetate) and PE (Polyethylene) are the commonly used plastomers in PMB.

 

Road construction application emerged as the fastest growing application in the polymer modified bitumen industry holding more than 70% of volume and revenue share in 2017 and is projected to witness rapid growth in the future. Expansion of road networks globally is the key driving factor behind the growth of the segment. Bitumen possesses adhesive properties that make it favorable for road construction. The primary objective of the polymer modified bitumen is to increase the shelf-life of pavements and roads. The roads and pavements that are constructed for extreme weather conditions and heavy-duty traffic need specially prepared bitumen grades for enhanced performance, resulting in the widespread use of PMB. The advantages of PMB include greater resistance to heavy traffic loads, enhanced safety, increased skid resistance and a higher level of comfort for both pedestrians and drivers. These factors have led to the use of PMB in road construction in developing economies. Increasing use of bitumen, particularly in road construction activities in different developing economies worldwide, is creating favorable opportunities for the polymer modified bitumen (PMB) market.

 

Asia Pacific accounted for 34.1% of the revenue share in 2017 in the global polymer modified bitumen (PMB) market and is projected to grow at a CAGR of 7.3% during the forecast period. The upgrading of existing highways, widening of existing roads and construction of new highways in the region is expected to propel the polymer modified bitumen market size growth in the region. Furthermore, rising infrastructural development is another key driving factor for the market growth, especially in China and India. Increasing investments for infrastructural development has been a primary factor driving the polymer modified bitumen (PMB) market in the region. For instance, in August 2018, the Indian Government approved INR 2 billion (USD 29.83 million) highway projects to improve connectivity between Gujarat, Maharashtra, Rajasthan, Madhya Pradesh and Diu. According to the India Brand Equity Foundation (IBEF), the government of India has set a target to construct 200,000 km national highways by 2022. These investments are expected to augment the demand for PMB in road construction. Robust growth of the construction industry owing to government initiatives to improve public infrastructure in the region is projected to favorably impact the polymer modified bitumen market size in the region.

 

Click to Continue Reading on https://www.adroitmarketresearch.com/industry-reports/polymer-modified-bitumen-pmb-market

 

The global polymer modified bitumen (PMB) market is highly fragmented owing to the presence of a large number of global players. Companies including Total S.A., Nynas AB, Royal Dutch Shell, ExxonMobil, Indian Oil Corporation, Lagan Asphalt Group, GULF PETROCHEM, BITUMINA GROUP, Hindustan Colas Private Limited, and Benzene International Pte Ltd. among others have a broader presence within the global polymer modified bitumen industry. Acquisitions are one of the key initiatives adopted by the key players to strengthen their position. For instance, in September 2014, Gulf Petrochem acquired the Royal Dutch Shell Bitumen Factory in Gujarat to meet the increasing demand for road construction products in western and northern India. This acquisition helped in increasing their product portfolio with petroleum products.

 

What does the report include?

 

  • The study on the global polymer modified bitumen (PMB) market includes qualitative factors such as drivers, trends, and opportunities
  • Additionally, the market has been evaluated using the value chain analysis and Porter’s Five Forces’ analysis.
  • The study covers qualitative and quantitative analysis of the market segmented on the basis of type and application.
  • The report provides a deep-dive data analysis for all the applications.
  • Actual market sizes and forecasts have been provided for all the above-mentioned segments.
  • The study includes the profiles of key players in the market with a significant global and/or country presence.

About Adroit Market Research: 

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact US

 

Ryan Johnson
Adroit Market Research
3131 McKinney Ave #600
Dallas, TX 75204
Tel: +1-214-884-6068
Email: sales@adroitmarketresearch.com

Global Glass Packaging Market Size, Growth – Industry Forecast Report 2025

The global glass packaging market size was USD 87.61 billion in 2017. The market growth is rebounding due to the growing consumer demand for glass as a result of its natural antimicrobial properties.

 

The raw materials required for the production of glass including soda ash, silica sand and limestone, are easily available. Glass is an inert product manufactured by melting these materials with metallic oxides, to obtain the desired color to the final product.

 

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The global glass industry is divided into four major categories including container glass, flat glass, fiber glass and specialty glass. Container glass is utilized in the glass packaging industry in the form of bowls, bottles and jars. Many glass containers are also utilized in other industries such as pharmaceutical, personal care, food, spirits and perfumes. Among different categories of glass being produced globally, container glass accounts for a major market revenue share of about 45%.

 

Glass continues to be viewed as a luxury item, especially within the personal care & cosmetic sector. Other than this fast-paced sector, glass is also used for packaging alcohol including spirits and beers. Alcohol beverages (excluding beer) accounted for 49.3% of the global glass packaging volume share in 2017, followed by beer.

The growing consumption of alcohol and beer is expected to drive the growth of the global glass packaging market over the next few years. The global beer production stood at 1.3 billion hectoliters in 1998 and increased to 1.95 billion hectoliters in 2017. Increasing beer consumption, especially among the youth of emerging economies, is expected to drive market growth. The growing demand for premium and craft beer is expected to drive the global market, consequently, augmenting the growth of the global glass packaging market.

 

Pharmaceutical is another application within the global glass packaging industry anticipated to witness significant gains over the forecast period, at a volume CAGR of 3.9% over the forecast period. The hydrolytic stability of glass makes it a viable option for storing pharmaceuticals as they do not react with the solution. The growth of the pharmaceutical industry is expected to provide an impetus to the growth of the global glass packaging market over the forecast period.

 

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The presence of substitute materials such as plastics and paper are expected to hamper the growth of the global glass packaging market. Plastics are a major threat to glass within the global packaging industry on account of their durability, flexibility and lightweight. However, plastic packaging requires an external addition of antimicrobial chemicals (during the production of containers) and there is a risk of chemicals (polymers as well as antimicrobials) leeching into the packed substance. As these packaging materials are used for containing foods, beverages and personal care products, which come in direct contact, mixing of chemicals with the product may have adverse effects on human health. Thus, consumers prefer glass packaging due to their aseptic properties.

 

Countries such as China, India, and Brazil have seen significant growth in the glass packaging industry on account of the exploding development of the FMCG sector. The anticipated growth of the sector in these countries driven by increasing disposable income of consumers coupled with their substantial growth and size of economies is expected to drive the global glass packaging market.

 

Asia Pacific was the largest market for glass packaging closely followed by Europe. Together, these regions accounted for 69.5% of the global glass packaging market volume share in 2017. Preference for glass over other materials among consumers in these regions is expected to augment the growth of the market.

 

Key players in this market include Consol Glass, Owens-Illinois Inc., Ardagh Packaging Group PLC, Piramal Glass, AGI Glaspac, Vidrala SA, Hindustan National Glass & Industries Ltd, Nampak Ltd, Amcor Ltd, Carib Glassworks Ltd, VITRO, Gerresheimer AG and Toyo Glass Co. Ltd. among others.

 

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:   

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Water Treatment Initiatives To Drive The Global Biocide Market At A CAGR Of 5.3%

Adroit Market Research published a study titled, “Global Biocide Market Size 2017 By Type (Phenol, Organosulfurs, Nitrogen, Organic Acids, Halogen Compounds, Metallic Compounds And Others), by Application (Oil & Gas, Water Treatment, Paints & coatings, Food & Beverages, HVAC, Personal Care, Fuels, Boilers and Others), by Region and Forecast 2018 to 2025”.

 

The global biocide market report covers the analysis based on drivers, restraints and future opportunities that are expected to influence the revenue during the forecast period. Additional tools such as the Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. The market revenue forecast is provided up to 2025, with 2015 to 2017 representing the real-time historical sales with an annual forecast period between 2018 and 2025. The report also provides comprehensive analysis of the regional trends that will impact the global biocide market size. Furthermore, the report also provides qualitative insights on the potential oilfield biocide market.

 

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The global biocide market size is estimated to be worth USD 13.76 billion by 2025 due to the increasing demand for the product in applications such as water treatment, paints & coatings and food & beverages among others. Rising need for extensive water treatment processes to address the growing demand for clean water globally, is the primary key factor attributing to the growth of the global biocide market.

 

By type, phenolic compounds is projected to contribute to over 13% of the global biocide market revenues by 2025. This can be attributed to the requirement of microbial protection for a wide number of applications including pulp, paper, paints, adhesives, water treatment and metalworking fluids. Furthermore, the use of phenolic as a disinfectant in hospitals, nursing homes, households, farms, laundries, and food processing plants will majorly drive the demand of this segment in the coming years.

By application, paints & coatings is projected to be the second fastest growing application in the global biocide market with a valuation of approximately USD 1.54 billion by 2025. The antimicrobial, antifungal and antibacterial properties of biocides (that help in restricting growth of unwanted fungus and bacteria) have escalated its demand in paints & coatings. The increasing construction activities in emerging countries has resulted in elevating the demand for paints and coatings, thereby acting as an aid in the growth of global biocide market.

 

Geographically, Asia Pacific is anticipated to grow at a CAGR of 6% during the forecast period. Increasing investments in infrastructure and manufacturing in the region are expected to offer huge growth opportunities to the regional biocide market growth. China and India are projected to emerge as the key driving countries during the forecast period.

Furthermore, the rising need for safe packaged food serves as a driving factor for the food and beverage industry, thereby, driving the global biocide market growth. Increasing government investments for waste water treatment across the region has further aggravated the demand of biocides. For instance, India's wastewater infrastructure capital expenditure is projected to increase by 83% over the next five years. This is to present immense lucrative opportunities for biocide manufacturers.

 

Click to Continue Reading on https://www.adroitmarketresearch.com/industry-reports/biocide-market

 

Biocide Market:

 

- Future prospects and current trends of the global biocide market by the end of forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing economies

- Supportive initiatives by government likely to influence the market dynamics

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

- In-depth analysis of different market segmentations including regional segmentations, and product types

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market

 

Who should buy this report?

 

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

 

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:   

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Organic and Natural Personal Care Market Size, Share and Top Companies 2025

Adroit Market Research launched a fresh research study titled, “Global Organic and Natural Personal Care Market Size 2017, Segmentation by Product Type (Skin Care, Hair Care, Cosmetics, Oral Care, Others), By Region (Asia Pacific, Europe, North America, Rest of the World (RoW)), And Forecast From 2018 to 2025”.

 

The report includes organic personal care market trends and historic and forecast estimates in terms of revenue (USD million). The organic and natural personal care products market report includes categorization on the basis of product type and region. The report further includes organic and natural personal care market size and forecast for each of the aforementioned categories. An in-detail impact of various organic personal care market trends such as drivers, opportunities, and restraints has been covered in the industry outlook section of the study.

 

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The global organic and natural personal care market is considered to portray a strong rise at 8.3% CAGR during the forecast period. Changing consumer perception regarding synthetic or chemical and natural ingredients in daily products, customer purchase patterns, and rising awareness about certified and eco-friendly personal care products are some of the major driving factors of the natural personal care market growth. “Fear-based product marketing” is one of the promotional strategies implemented by global companies. Consumers fear the long-term effects of utilizing chemical ingredients and conventional cosmetics for skin and hair applications, owing to which they are now opting for safe and biobased products.

 

The US organic and natural personal care market size has been driven by a prominent regulatory scenario regarding the use of consumer goods and retail as well as toxic ingredients in cosmetics. Presence of heavy regulations on conventional consumer goods has propelled the development of natural and organic formulations in skin care, hair care and oral care products and cosmetics. This development has recently increased the number of natural beauty startups and introduction of new products in the US organic and natural personal care market. For instance, Intelligent Nutrients offers a plant-based skin care product portfolio that is USDA certified. Biossance, a California based firm is one of the rapidly rising players, operating in the US organic and natural personal care market. The company offers organic skin care products that are vegan and cruelty-free, and based on biotechnology.

 

Mergers & Acquisitions (M&A), distribution network expansion, and new product launch are a set of the business growth strategies implemented by key players with a presence across the organic and natural personal care products market value chain. In February 2018, Azafran Organics announced its plans to improve its sales & distribution network by increasing their 1,500 retail outlets in India to 10,000 respectively. This strategy is expected to leverage the company’s presence in the India organic and natural personal care products market over the coming years.

 

BASF SE introduced a new sustainably sourced product line at the 2018 in-cosmetics event held in Amsterdam. The company is one of the prominent suppliers of raw materials for use in natural cosmetic products, which are approved as per the COSMetic Organic Standard (COSMOS) standard. This strategy is likely to maintain the company’s future position as a global giant in the organic and natural personal care products market.

 

Rising product adoption among consumers along with significant developments across the entire value chain is expected to support the rapidly expanding organic and natural personal care market size by the end of 2025.

 

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Key segments of the global organic and natural personal care products market

 

Product Type Overview, 2015-2025 (USD Million)

  • Skin care
  • Hair care
  • Oral care
  • Cosmetics
  • Others

Regional Overview, 2015-2025 (USD Million)

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World
    • Brazil

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

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Adroit Market Research

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Email: sales@adroitmarketresearch.com

Software Defined Networking Market by Application, Share, Rate Analysis & Opportunity By 2025

The global software defined networking market size is estimated to reach USD 101.23 billion by 2025, owing to the growing demand for dynamic and cost-effective networking solutions. High capital investments by the telecom carriers across the world have increased the demand for higher operational efficiency in the field of networking technologies. Hence, carriers are aggressively adopting new technologies such as software defined networks, to reduce the load of operational expenditure. Additionally, growing demand of mobility and cloud services will have a positive influence on the growth of software defined networking market.

 

On the basis of solution provided, the global software defined networking market is segmented into physical network infrastructure, virtualization, SDN application, integration & deployment, training & maintenance and managed services. In 2017, physical network infrastructure contributed the highest share to the overall software defined networking market owing to the continuous telecom network upgrades in developing economies. Followed by physical network infrastructure, SDN application segment had the second-highest contribution to the global software defined networking market.

 

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Based on the industry vertical, the global software defined networking market is bifurcated into BFSI, IT & Telecom, consumer goods, defense, healthcare and others. Among these industry verticals, consumer goods segment is anticipated to grow with the highest CAGR in the forecast period, followed by healthcare and BFSI sector. SDN holds great promise for healthcare sector as most of the healthcare IT professionals are looking forward to updating hospital networks, protect patient data and supportive innovative medical applications.

 

Geographically, the software defined networking market is segmented into five regions- North America, Asia-Pacific, Europe, Latin America and Middle-East & Africa. The North America region held the highest market share in the global software defined networking in 2017 and is also expected to be the highest revenue generator in the forecast period as a large number of buyers are concentrated in this region. The software defined networking market in this region is mostly driven by the presence of major tech companies enthusiastically adopting advanced tech to maintain a competitive edge in the US and Canada. Asia-Pacific region is expected to grow with the highest growth rate in coming years due to its rapid urbanization and growth in sectors such as healthcare, manufacturing, retail and automobile.

 

Hewlett-Packard Enterprise, Cisco Systems, Inc., Big Switch Networks, Juniper Networks, Inc., NEC Corporation, Dell Inc., Brocade Communications Systems, Inc., Inc., IBM Corporation, Extreme Networks, Inc., and VMware, Inc. are the leading players present within the global software defined networking market.

 

Key segments of the global software defined networking market

 

Solutions Overview, 2015-2025 (USD million)

  • Physical Network Infrastructure
  • Virtualization
  • SDN Application
  • Integration and Deployment
  • Training and Maintenance
  • Managed Services

Industry Vertical Overview, 2015-2025 (USD million)

  • BFSI
  • IT and Telecom
  • Consumer Goods
  • Defence
  • Healthcare
  • Others

Regional Overview, 2015-2025 (USD million)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle-East & Africa

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About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

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Adroit Market Research

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Email: sales@adroitmarketresearch.com

Food Emulsifiers Market Perspective by Comprehensive Analysis Growth Prediction to 2025

The global food emulsifiers market size is projected to reach USD 3.82 billion by 2025 owing to the changing lifestyles as a result of relocation to cities away from home and an increasing number of working women. The rapidly progressing and expanding food & processing industry across the globe is also acting as a key driving factor behind the growth of food emulsifiers market. The multi-functionality of emulsifiers to bind water & oil, improve processing tolerance & efficiency, enhance shelf life and contribute to consistent & high-quality food products makes it a preferred choice as a food additive.

 

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Stearoyl lactylates are anticipated to be the fastest growing segment among the major food emulsifiers market types by 2025, growing at a volume CAGR of 6.5% over the forecast period. This is attributed to their widespread application in baked goods, cereals, sugar confectionaries, powdered beverage mixes, dehydrated potatoes, snack dips, sauces, gravies, dietetic foods, minced & diced canned meats and pet food among others. Being highly effective and rendered safe by the U.S. FDA further contributes towards the growth of this segment.

 

Based on end-use, bakery & confectionary is likely to continue holding the largest revenue share of more than 59% by 2025. Increasing demand for innovative gluten-free baked products with improved shelf-life have escalated the growth of this segment. Consumer tastes are becoming increasingly sophisticated and this is reflected in the strong demand for bakery products, pastries and chocolate. Manufacturers are expanding their portfolios and experimenting with new products such as whole-wheat bread, high-fiber biscuits, gluten-free products and sugar-free chewing gums for children. This expansion of potential applications for food emulsifiers is likely to further boost its demand in this segment.

 

Geographically, food emulsifiers market trends differ across the regions. Asia Pacific is projected to exhibit the largest demand for food emulsifiers during the forecast period, at an estimated volume of 386.8 kilo tons in 2025. This is assisted by the broad consumer base, continued rise of disposable incomes, urbanization and increased consumer awareness regarding low-fat foods in countries. Furthermore, these factors are offering huge growth opportunities in countries like China and India. The initiatives taken by the government to improve the food processing sector is expected to act as a catalyst in the growth of the global food emulsifiers market size during the forecast period.

 

The nature of the global food emulsifiers market is fragmented and highly competitive due to the presence of a large number of established players. DuPont, Cargill, Incorporated, RIKEN VITAMIN Co., Ltd, Palsgaard A/S, Lonza Group, Kerry Inc., BASF SE, LASENOR EMUL, S.L, Futura Ingredients (Singapore) Pte Ltd. and Estelle Chemicals Pvt. Ltd. are some of the key players operating in the market. Increasing innovation in the global food emulsifiers market has opened up new venues for the growth of the key players. Significant investments in research & development driven by the need for innovative products has helped in building value through high margin products and has extended the lifecycle of the product in the global market.

 

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About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us: 

 

Ryan Johnson

Adroit Market Research

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Email: sales@adroitmarketresearch.com

Aircraft Manufacturing Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast to 2025

The global aircraft manufacturing market size is anticipated to witness steady growth over the forecast period. The aircraft manufacturing industry analysis shows that the market was valued at USD 43.94 billion in 2017 and is projected to showcase healthy growth over the forecast period. Favorable economic growth across the world coupled with government support for the development of the aviation industry are some of the key factors supporting the growth of the global aircraft manufacturing market size.

 

Aerospace & aviation is a dynamic industry that is influenced by several macroeconomic indicators such as GDP, fuel price to name a few. The global aircraft manufacturing market is expected to expand ~1.5x times between 2017 and 2025, worth USD 63.82 billion by 2025. The three key macro-environment dimensions that drive airplane demand forecasts:

 

  • The underlying demand for air travel
  • The regulatory, infrastructure, and technology environment
  • The strategies and products that airlines offer in the marketplace

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An increasing number of passengers is the key factor for increasing demand for civil aircraft. Continued strong consumer spending has bolstered air travel, and industrial production has recovered, lifting air cargo and some segments of business travel. The growth of the middle-class group coupled with rising travel & tourism is a major factor to propel the global aircraft manufacturing market size growth.

 

The aviation industry, since the past few years, has been performing consistently well with the increase in air traffic growth to 6% in 2017 as compared with the historic rate of 5% growth. This incredible growth rate can be attributed to factors such as the rising standard of living of consumers, especially the middle-class population from Asia Pacific, and competitive airfare prices to name a few. Also, increased spending on travel and tourism in major economies is also acting as a supplement to the growth of the aerospace industry.

 

In addition to air travel demand fundamentals, the aircraft manufacturing industry is also shaped by factors such as the regulatory environment, infrastructure requirements, and technology development. Several key elements in this arena are market liberalization, airport infrastructure development, and environmental regulations. Evolving airline business strategies and product offerings are bringing more value to travelers in numerous ways. These developments have increased consumer inclination as they now have to pay for only the services they want. An analysis of the above factors has led us to believe that the global aircraft manufacturing market is poised to grow substantially over the next few years. An increasing number of orders for the market leaders including Airbus and Boeing with a backlog production of the next 10 years is expected to boost global aircraft manufacturing market size.

 

In terms of market competition, the aircraft manufacturing industry analysis is divided into aircraft manufacturers and parts & components manufacturers. The global aircraft manufacturing market share is presently dominated by top manufacturers such as Boeing and Airbus. The rise in demand for defense aircraft has also led to significant growth in sales of manufacturers such as Lockheed Martin Corporation. Strong growth trends in the global aircraft manufacturing industry are projected to be continued as the sales of these manufacturers is increasing over the years.

 

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Key segments of the global aircraft manufacturing market

 

Product Type Overview, 2013-2025 (USD Million)

  • Gliders
  • Helicopters
  • Ultra-Light aircraft
  • Passenger aircraft
  • Unmanned aerial vehicle & drones
  • Blimps (Airship)

Application Overview, 2013-2025 (USD Million)

  • Military & defense
  • Civil
  • Commercial (Freight)
  • Others (Agriculture, Experiments & prototypes)

Regional Overview, 2013-2025 (USD Million)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:   

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

 

Lift Chair Market Size by Type, End-User & Geography 2018-2025

Adroit Market Research published a study titled, “Global Lift Chair Market Demand and Sales By Its Numerous Types (2-Position Lift Chair, 3-Position Lift Chair, Infinite Position Lift Chair and Zero Gravity Position Lift Chair), By Its End-User Industries (Household and Hospital), Regional Trend Analysis and Forecast 2018 to 2025”.

 

The global lift chair market size has been estimated after the thorough analysis and understanding of the penetration of its various types in different end-user industries. Detailed qualitative study of factors contributing to the global lift chair market growth has been discussed in the report. The global lift chair market demand has also been estimated on the basis of growth of the household and hospital sectors. The global lift chair market share has also been estimated by studying its demand and consumption pattern across geographies.

 

The global lift chair market size is estimated to be worth USD 34.20 billion by 2025. The growing aging population and changing demographics are the main factors driving the global lift chair market growth. In the coming years, technological advances, improved functionality of modern lift chairs, high adaptability of modern designs among young people and increasing purchasing power are expected to impact the global lift chair market demand.

 

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Based on type, 3-position lift chair is projected to grow at a CAGR of 7.3% during the forecast period. 3 position lifting chairs can be placed in the sitting position, 15 degree reclining position, 45 degree reclining position and up position. These three positions offer a lot of versatility. The price of a 3-position elevator chair is generally lower than that of an infinite position lift chair. They also offer the advantage of reclining to 180 degrees (perfectly flat), thus, offering comfort over longer period of time. Some of these chairs also include backup power sources so that it can be used during power outage.

These factors have propelled the demand for 3-position lift chairs across the globe.

 

Household dominated the global lift chair market in 2017 and is projected to be the fastest growing application in the near future with an estimated market share of 84.3% by 2025. People who struggle with leg or back weakness benefit from lift chairs as it promotes independence by allowing them to stay at home without the help of others to stay active and move. Lift chairs have an enormous impact not only on people with physical disabilities, but also on their families. Another factor that increases the demand for the lift chair market in household applications is increasing government support to provide financial assistance for mobility aid. For instance, medical and assistive devices are exempted from Harmonized Sales Tax (HST), though lift chairs require a written prescription from a medical practitioner. The medical coverage provided by various governments have created enormous potential for lift chair market growth in household segment across the globe.

 

North America is projected to generate sales more than USD 10 billion by 2025. The US is expected to hold major lift chair market share in North American region. The increasing aging population in the US is one of the primary factors surging the lift chair demand in the region. Elderly and long-term care quickly become one of the most disastrous challenges in healthcare. According to the Population Reference Bureau report, the number of Americans over 65 years of age are expected to double from approximately 50 million today to almost 100 million by 2060. This has necessitated the need for lift chairs as mobility and independence are essential for elderly to live a high quality life. This factor has led to the increased demand for lift chairs in the region. Rapid advancements in healthcare infrastructure in the region has also contributed towards the regional growth. Furthermore, the introduction of innovative products by the key players is driving the global lift chair market growth in the region.

 

The competitive landscape of the global lift chair market is characterized by a large number of players with global presence. The key players covered in the global lift chair market report includes Franklin Corporation, Pride Mobility, Jackson Furniture, Golden Technologies, Med-Lift, La-Z-Boy, Ashley Furniture, Ultimate Power Recliner, Best Chairs, Inc., and Seminar Components among others.

 

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Key segments of the global lift chair market

 

Type Overview, 2015-2025 (USD Million)

  • 2-position lift chair
  • 3-position lift chair
  • Infinite position lift chair
  • Zero gravity position lift chair

End-Use Industry Overview, 2015-2025 (USD Million)

  • Household
  • Hospital

Regional Overview, 2015-2025 (USD Million)

  • North America
    • S.
    • Canada
  • Europe
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of APAC
  • Latin America
  • Middle East and Africa

Key Players analysed in the report include

  • Golden Technologies
  • Franklin Corporation
  • Pride Mobility
  • La-Z-Boy
  • Jackson Furniture
  • Others

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:   

 

Ryan Johnson

Adroit Market Research

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Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Global Allantoin Market - Industry Analysis, Growth & Forecast 2018-2025

Adroit Market Research announced the launch of a study titled, “Global Allantoin Market Size 2017 By Application (Cosmetics, Pharmaceuticals, Oral Hygiene, and Others), By Region and Forecast 2018 to 2025”. The study covers the global allantoin market value (USD Million) and volume (Kilo Tons) between 2015 and 2025. The global allantoin market report also includes qualitative insights such as drivers and restraints. The global allantoin market share for different applications have also been covered at a global, regional and country level for the time frame mentioned above.

 

By 2025, the global allantoin market revenue is estimated to reach USD 778.1 million. Growing demand as a vital ingredient in cosmetics and pharmaceutical products is expected to augment the global allantoin market size over the projected period.

 

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According to the Voluntary Cosmetic Ingredient Reporting Program (VCRP), allantoin is consumed in more than 1300 cosmetic products. In addition, government support for the use of allantoin in pharmaceutical and cosmetics are expected to increase market reach. For instance, the Japanese Ministry of Health, Labor and Welfare has accepted allantoin as a medicinal ingredient and to be used in the cosmetics industry. Growing penetration in toothpaste, cosmetic creams, shampoos, mouthwashes, lotions, lipsticks, and anti-acne products for the purpose of improving the smoothness of skin, healing wounds, and soothing irritated skin is expected to drive the global allantoin market share in cosmetics and pharmaceutical sectors over the coming years.

 

Asia Pacific accounted for more than 30% of the global allantoin market share, both in terms of volume and revenue, in 2017. Growing cosmetics & personal care industry in India, China, Japan, and South Korea is expected to increase allantoin demand over the projected period. Asia Pacific cosmetics & personal care market size accounted for more than USD 100 billion in 2017. Abundant availability of beauty products and increased per capita spending power in developing economies is expected to augment the allantoin market concentration in Asia Pacific cosmetics industry.

 

Cosmetics, pharmaceuticals, and oral hygiene together dominated the global allantoin market. The volume share of the three segments together is anticipated to increase from 91.8% in 2017 to 92.2% by 2025, implying the others segment losing its share. The unique properties of the chemical coupled with the rising demand from consumers for this ingredient in formulations are expected to play a vital role in driving the global allantoin market growth over the forecast period.

 

Clariant, Ashland, RITA Corporation, Akema Fine Chemicals, Merck KGaA, LUBON INDUSTRY, Huanghua Suntime Chemical Industry Co., Ltd, and Allan Chemical Corporation are the leading players present within the global allantoin market. Manufacturers operating in this industry are increasing production of glyoxylic acid, a key raw material used in the production of allantoin.

 

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Key segments of the global allantoin market

 

Application Overview, 2015-2025 (Kilo Tons) (USD Million)

  • Cosmetics
  • Pharmaceuticals
  • Oral hygiene
  • Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

  • North America
    • U.S.
  • Europe
    • Germany
  • Asia-Pacific
    • China
  • Middle East & Africa
  • Latin America
    • Brazil

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:   

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Global Anti-Money Laundering Software Market Size, Price Report 2025

Adroit Market Research studied Anti-Money Laundering Software Market Size by Deployment Type (On-Premise and Cloud), by Product Type (Transaction Monitoring Software, Currency Transaction Monitoring, Customer Identity Management, Compliance Management and Others), by Application, Financial institution (Tier -1 Commercial Banking, Tier -2 Credit & Finance institution, Tier -3 Micro Finance Institution and Tier -4 Loan Lending institution), by Region. The study includes global anti-money laundering software market size till 2025 along with company summaries which include company overview, product offering, and recent developments and financial overview.

 

By 2025, global anti-money laundering software market size is projected to cross USD 2 billion. Increased frauds in Fintech services & digital transactions and increased spending on IT solutions by financial institutions is expected to drive the growth of global anti-money laundering software market. Additionally, strict rules and regulations by Financial Action Task Force (FATF), International monetary funds, Bank Secrecy Act in the U.S. to increase the adoption of anti-money laundering software driving the AML software market growth.

 

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On-premise is projected to be a preferred deployment type over cloud during the forecast period. Concerns over security and data theft for cloud deployment is the reason for slower adoption. These problems are expected to be solved coupled with other benefits such as pay-per-use model and cost-effectiveness and is projected to increase adoption of cloud in anti-money laundering software. The cloud segment is projected to grow at a CAGR of 12.1% during the forecast period in the global anti-money laundering software market.

 

Transaction monitoring software will continue its dominance with a share of around 50% during the forecast period. International banking systems are facing increased money laundering threats and hence major commercial banks worldwide are updating their transaction monitoring systems, which shall assist them in suspicious transaction monitoring on a real-time basis. This is expected to drive the growth of transaction monitoring systems within the global anti-money laundering software industry.

 

According to the United Nations Office on Drug and Crime, money laundering worldwide is estimated to be 2% of the global GDP. To counter these money laundering cases which are financing to terror activities and drug trafficking government have implemented various acts and rules in many regions for the financial institution. For instance, in North and Central America, USA Patriot Act and Bank Secrecy Act in the U.S., Proceeds of Crime (Money Laundering) in Canada and Federal Law for the Prevention and Identification of Operations in Mexico are the reason major financial institutions in the region have widely adopted to anti-money laundering software. Thus, North and Central America had the largest market in 2017 and is projected to grow at a CAGR of 8.46% during the estimated period in global anti-money laundering software market.

 

Technological developments such as machine learning which is capable of constructing algorithms that shall help in the predictive analysis are expected to revolutionize the anti-money laundering software. Machine learning is expected to reduce money laundering and thus improve the efficiency of financial institutions. Owing to which major tier 1 financial institutions such as commercial banks across the globe are expected to adopt and update to anti-money laundering software during the forecast period. Tier 1 financial institution is expected to have a share of more than 70% in the global anti-money laundering software industry.

 

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The key players associated in the global anti-money laundering software market are Oracle Corporation, Fiserv, Inc., Accenture Inc., SAS Institute Inc., Thomson Reuters Corporation, SunGard, FICO TONBELLER, Ascent Technology Consulting, EastNets and others. Deploying the latest AML solution for their clients is a key strategy adopted by the players in the market to strengthen their market position. For instance, in 2017, Fiserv, Inc. announced that it had deployed a cloud-based version of Fiserv AML Risk Manager for LuLu Exchange, a major player in currency exchange, cross-border remittance, and other financial services. This version shall offer techniques such as machine learning to detect suspicious transactions increasing fraud detection accuracy.

 

Segment overview of global anti-money laundering software

 

  • Deployment Overview, 2012-2025 (USD million)
  • On premise
  • Cloud
  • Product Overview, 2012-2025 (USD million)
    • Transaction Monitoring Software
    • Currency Transaction Monitoring
    • Customer Identity Management
    • Compliance Management
    • Others
  • Application Overview, 2012-2025 (USD million)
    • Tier-1 Commercial banks
    • Tier-2 Credit & finance institutions
    • Tier 3 Micro finance Institutions
    • Tier-4 Loan lending institutions
  • Regional Overview, 2012-2025 (USD million)
    • North & Central America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • India
      • Japan
      • China
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Chile
      • Rest of Latin America
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • South Africa
      • Rest of Middle East and Africa

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:   

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Global Frozen Bakery Products Market Size, Price Outlook Report 2025

A publication on the “Global Frozen Bakery Products Market Size 2017 by Type (Frozen Pastry [Pie & Tarts, Croissants and Others], Frozen Cake [Sponge cake, Muffin and Others], Breads, Pizza Crust and Others), by Form (Ready-to-eat, Ready-to-bake, Ready-to-make and others), By Region and Forecast 2018 to 2025” was published by Adroit Market Research today.

 

The publication covers the estimates for the global frozen bakery products market size (revenue) and consumption for a period ranging from 2015 to 2025. The global frozen bakery products market report also includes qualitative insights such as the regulatory framework, drivers, restraints, value chain and Porter’s Five Forces analysis. The report also covers an in-depth analysis of the key players that hold a significant position in the global frozen bakery products market.

 

The global frozen bakery products market size is estimated to reach USD 29.64 billion by 2025. With the evolution of freezing technology since the early 1900s, the concept of frozen food has advanced dramatically. Earlier, there were only selected food items that could be refrigerated, however, at present, many more food items are added to this category.

 

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Frozen bakery products hold a significant importance in the frozen food industry. Products such as frozen pastry, cake, bread, muffins, pizza crust are some examples of major products in the frozen bakery products market. Changing lifestyle is one of the key factors to promote the demand for frozen bakery products market over the forecast period.

 

Growth in global population coupled with a rise in income levels has led to a further rise in demand for frozen bakery goods. As the income levels rise, especially in the developing countries, demand for varied food products would increase in the near future and that is anticipated to boost the global frozen bakery products market size.

 

It has been observed that increasing female participation in the workforce has changed the conventional household dynamics due to which preference for convenient food, which can be readily made or available, has increased dramatically. It is expected that nearly one billion women are projected to enter workplace by 2023. For instance, the frozen bakery market in India has been led by the top urban cities where the population of working women is high. Thus, changing lifestyle in the developing countries is projected to propel the global frozen bakery products market at 8.3% revenue CAGR over the forecast period.

 

Currently, the global frozen bakery products market offers significant growth opportunities. Changing lifestyle and increasing income level has also led to a rise in demand for specialty frozen bakery market. Consumers now are more willing to experiment with the new products that offer a refreshing taste. Constant strides in upgrading the processing and freezing technology are further expected to open new avenues for the frozen bakery products market. Furthermore, the growth of the online distribution retail channel has provided a new platform to the manufacturers for expanding their sales.

 

The global frozen bakery products market, in terms of market competitiveness, is a consolidated market with the presence of global players. These players account for a large chunk of the global frozen bakery products market share. They are focused on the strategy of product innovation. Furthermore, in recent times, merger & acquisitions have also been witnessed in the market so as to lessen the competition coupled with widening the distribution channel. Pepperidge Farm, General Mills Inc., Deloris frigid dough products, Cole’s Quality Foods, Inc., Europastry, S.A., Vandemoortele NV and Flowers Foods are examples of some of the key players present in the global frozen bakery products market.

 

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Key segments of the Global frozen bakery products market

 

Type Overview, 2015-2025 (Kilo Tons) (USD Million)

  • Frozen Pastry
    • Pie & Tarts
    • Croissants
    • Others
  • Frozen Cake
    • Sponge cake
    • Muffin
    • Others
  • Breads
  • Pizza Crust
  • Others

Form Overview, 2015-2025 (Kilo Tons) (USD Million)

  • Ready-to-eat
  • Ready-to-bake
  • Ready-to-make
  • Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Spain
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Greece
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Central & South America
    • Brazil
    • Mexico
    • Rest of Central & South America
  • Middle East & Africa
    • South Africa
    • Egypt
    • Rest of Middle East & Africa

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3D Display Market by Type, Technology & End User, 2018-2025

Adroit Market Research published a study titled, “Global 3D Display Market Size 2017, by Product (Volumetric display, Stereoscopic and HMD), by Technology (DLP RPTV, PDP, OLED and LED), by Access Methods (Screen based display and Micro display) by Application (TV, Smartphones, Monitor, Mobile computing devices, Projectors, HMD and others) and by Region (North America, Europe, Asia Pacific and Rest of the world) Trends and Forecast 2018 to 2025”.

 

The global 3D display market size is anticipated to reach USD 460.86 billion by 2025, mostly driven by increasing demand in the entertainment and video game industry. 3D display is a trending technology in various sectors such as photography, education, engineering simulation, defense and similar others. Currently, the 3D display technology is in a nascent phase and is expected to grow in coming years.

 

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The increasing popularity of 3D video content has propelled the emergence of various 3D channels over the past few years. Most of the Hollywood movies now-a-days, are made in the 3D format, offering unique experience to the consumers. Moreover, several gaming companies are coming up with new products such as the 3D tablet PC, which makes use of autostereoscopic 3D technology. Furthermore, the growing demand of ultra-high definition TVs will positively influence the overall 3D display market.

 

However, the higher costs of 3D displays could hinder the growth of 3D display market. Increasing varied applications of 3D displays in smartphones and tablets can provide lucrative growth opportunities for the players in the industry.

 

The global 3D display market can be segmented according to the product, technology, access methods, application and region. On the basis of product, the 3D display market can be further segmented into volumetric displays, stereoscopic and head mounted displays (HMD). Within this segment, the stereoscopic displays have the highest market share owing to its growing demand in the gaming and entertainment industry. However, in the forecast period, the head mounted display (HMD) segment is expected to have the highest growth rate as the popularity of HMDs have propelled over the past few years, especially in the virtual reality (VR) gaming industry.

 

In 2017, Asia-Pacific dominated the global 3D display market and occupied around 39.6% of the total market revenue. Asia-Pacific region is a hub for 3D display manufacturers resulting in the highest revenue contribution by this region. Major players in the 3D display market such as Toshiba, Sony, Panasonic and others originate from these region and have variety of 3D display products including 3D TVs, smartphones, tablets and head mounted displays for gaming consoles.

 

The global smart 3D display market comprises of both players operating at the global and at the country level. Some of the major key players include TOSHIBA Corporation, Sony Corporation, Samsung Electronics, SHARP Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Fujifilm Holdings Corporation, LG Electronics, Coretec Group, Inc., 3DFusion, AU Optronics Corp. and others. These companies have established their presence in the 3D display market owing to constant R&D activities and their various strategic initiatives.

 

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Key segments of the global 3D display market

 

Product Overview, 2015-2025 (USD million)

  • Volumetric display
  • Stereoscopic
  • HMD

 

Technology Overview, 2015-2025 (USD million)

  • DLP RPTV
  • PDP
  • OLED
  • LED

Access methods Overview, 2015-2025 (USD million)

  • Screen based display
  • Micro display

Application Overview, 2015-2025 (USD million)

  • TV
  • Smartphones
  • Monitor
  • Mobile computing devices
  • Projectors
  • HMD
  • Others

Regional Overview, 2015-2025 (USD million)

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact Us:  

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com

Global Loyalty Management Market Size, Share, Forecast Report 2025

Prime factors expected to drive the loyalty management market growth in upcoming years are growing usage of mobile phones, substantial growth in the number of card holders, lack of awareness among consumers and rising gratefulness for online reward management programs. Other major factors fueling the market include rise in spending on loyalty solutions by organizations, recurrent alteration of end-user demographics, stringent rules & regulations by government as well as rapidly increasing applications of big data analytics and machine learning. On the other hand, major restraint towards the loyalty management market growth include failure in developing effective loyalty programs plus lack of efforts for building bonds of brand with the customers.

 

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The loyalty management market across the globe has been segmented by different type of solution, organization size, deployment type, vertical and geography. Further, deployment type segment of the market has been sub-segmented into on-premises and on-demand. On-demand division of the deployment type segment is likely to rise registering the highest CAGR over the forecast period of 2018-2025, owing to augmented adoption of cloud-based (on-demand) loyalty management programs by several administrations across the world. Moreover, on-demand deployment enables low infrastructure costs as well as enhanced output along with qualitative results.

 

Likewise, vertical segment of the market is bifurcated into retail, healthcare, telecom, media & entertainment, BFSI, hospitality, education and others. BFSI division of the vertical segment is estimated to rule the market in upcoming years. Solutions segment of the global loyalty management market is categorized as customer loyalty segment and employee retention segment. Employee retention division of the segment is expected to mount at the highest CAGR by the end of forecast period, on the account of additional cost suffered for the acquirement of new employees by various industries as well as growing employee satisfaction through several attractive reward programs.

 

Geographical segmentation of the international loyalty management market has been divided into several key regions covering Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. North America is projected to account for the highest loyalty management market share in forthcoming years, as there are various technological developments taking place in the region including mobile technology.

 

Some of the key players operating in the competitive landscape of the global Loyalty Management market includes Brierley+Partners (The U.S.), Comarch (Poland), ICF International, Inc. (The U.S.), Fidelity Information Services (FIS) (The U.S.), TIBCO Software (The U.S.), IBM Corporation (The U.S.), Lumata Group (U.K.), Aimia Inc. (Canada), Oracle Corporation (The U.S.), Bond Brand Loyalty (Canada), Bond Brand Loyalty (Canada), MicroStrategy, Inc. (The U.S.) and SAP SE (Germany).

 

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What to expect from the upcoming report on ‘Global Loyalty Management Market’:

 

- Future prospects as well as global loyalty management market analysis over the forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.

- Supportive initiatives by government likely to influence the market dynamics.

- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.

- In-depth analysis of different market segmentations including type of solution, organization size, deployment type, vertical and geographical regions.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market

Value Chain and Sales Channels Analysis

 

Who should buy this report?

 

Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy

 

About Adroit Market Research:

 

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

 

Contact us:

 

Ryan Johnson

Adroit Market Research

3131 McKinney Ave #600

Dallas, TX 75204

Tel: +1-214-884-6068

Email: sales@adroitmarketresearch.com