Insulation Market Forecast – Anticipated To Grow At 8 Percent CAGR In The Future

Insulation substances are non-conducting in nature. They are used to detach something from its nearby environment and maintain its state. The worldwide insulation market is fragmented into three categories. These are applications, products and geographical regions. The applications sector is divided further on the basis of residential construction, nonresidential construction and industrial, HVAC and OEM.

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Products wise, the insulation market is split on the basis of plastic foam, fiber glass, mineral wool and others. Regional analysis is done on the basis of four geographical regions. These include Asia Pacific, North America, Europe and rest of the world. The insulation market was predicted to have garnered revenue worth about USD 32 billion dollars in 2012. It is estimated to climb at about 8 percent CAGR from 2012 to 2018.

The market is projected to attain around USD 10 billion by the end of the said phase. Demand for the insulation market is propelled by expansion in the building sector. This is in relation to emergent nations in Asia Pacific. Augmentation in the market of re insulation in urbanized Europe and the United States is also expected to drive demand for the market.

There is escalating consciousness with regard to diminishing reserves in the world. This, together with urgent demand for energy preservation has propelled the use of insulation substances in offices and residences. Asia Pacific was the largest client of the insulation market in 2011. It made up for around forty percent of the worldwide demand that year.

The North American insulation market is anticipated to expand decently through the forecast phase.

Insulation Market Forecast

Information Source: Radiant Insights

Water Soluble Fertilizers Market Forecast – Projected to Witness Significant Growth

The water soluble fertilizers market has witnessed significant growth due to expansion in micro irrigation procedures worldwide. It is expected to register a CAGR of 5% by 2018. These fertilizers are soluble in water. The water soluble fertilizers market demand owes to growth in worldwide population and health issues related to non soluble fertilizers. However, decreasing area of cultivation, changes in ecological balance and contamination of ground water are likely to hamper the water soluble fertilizers market.

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The market is segmented into nutrients, applications and regions. On the basis of nutrients’ value, the market is fragmented into nitrogen, potassium, phosphate and others. Nitrogen and potassium accounted for more than 60% revenue and are the mostly used nutrients. Whereas, the phosphate nutrient type generated USD 295 million in 2012. On the basis applications, the market can be segmented as foliar and fertigation. Both foliar and fertigation are the significant applications of the water soluble fertilizers market.

Fertigation leaded the market and accounted for around 66% of total demand in 2012. On the basis of geography, the market is divided into Asia Pacific, North America, Europe and rest of the world. Demand for the water soluble fertilizers market has shown tremendous growth in Asia Pacific region, especially in India. It is expected to grow further.

North America and Europe are expected to show sluggish growth owing to less irrigation area and large farms. Moreover, Africa and Latin America accounted for 17% of the worldwide demand. These regions are estimated to experience imperative expansion in the water soluble fertilizers market. This is owing to the growing agricultural potential of countries like, Argentina, South Africa and Brazil.

Water Soluble Fertilizers Market Forecast

Information Source: Radiant Insights

Latin America Adhesives And Sealants Market Forecast – Estimated To Record Expansion

The Latin America adhesives and sealants market was projected to have garnered an income worth about USD 164 million and USD 56 million respectively in 2014. It is predicted to collect revenue worth around USD 253 million and USD 84 million respectively by 2020. The market is expected to register about 6.2 percent and 5.7 percent CAGRs correspondingly during the forecast period. This period is anticipated to last till 2020 and begins in 2014.

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Fiscal augmentations and governmental expenses on the creation of infrastructure in the developing regions of Latin America are projected to propel the Latin America adhesives and sealants market. However, instabilities in the costs of raw materials and ecological apprehensions with regard to using synthetic adhesives and sealants could serve as prominent obstacles in the further progress of this market.

Adhesives based on polyvinyl acetate and acrylic made up in excess of 40 percent of the Latin America adhesives and sealants market for building in 2013. These adhesives are widely used in the building industry. Adhesives based on acrylic are projected to be the most swiftly expanding market in the future. The sealants market was leaded by sealants based on acrylic in 2013. Augmented building operations in Argentina and Brazil are estimated to improve the Latin America adhesives and sealants market conditions.

Water proofing systems were the biggest client of the market in 2013. They are also estimated to be the most speedily expanding market. Brazil leaded the Latin America adhesives and sealants market in 2013. It occupied most of the shares that year.

Latin America Adhesives And Sealants Market Forecast

Information Source: Grand View Research


Lubricants Market Forecast – Fragmented Into Technologies, Products And Regions

Eco-based and synthetic lubricants are the two emerging lubrication products. Eco-based, synthetic and mineral lubricants are used across a various applications. These applications are inclusive of compressor oil, turbine oil, hydraulic oil, gear oil, bearing oil lubricants and heat transfer fluids. Some of the significant traits that make a division between various lubricants are water separation features, glueyness quotient, steadiness towards heat and corrosion, and low instability.

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The worldwide lubricants market is fragmented on the basis of three categories. These include technologies, products and geographical regions. On the basis of technologies, the market is divided into compressor oil, turbine oil, gear oil and hydraulic oil lubrications and fire resistant hydraulic fluid. The remaining ones are nuclear resistant lubricants, heat transfer fluid, bearing oil lubrication, nano-materials based lubrication, re-refined base oils and lubricants and other fields.

The products sector of the lubricants market is fragmented into synthetic, mineral and eco-based lubricants. Europe, North America, Asia Pacific and rest of the world are the four geographical regions analyzed and examined under the worldwide lubricants market. This market is anticipated to register about 2 percent CAGR during the forecast phase. This phase lasts till 2020 and begins in 2014. The market is projected to have around 44, 165 kilo tons by 2020.

The lubricants market is mainly propelled by expansion in the market of automotives. Lubricants are materials that decrease resistance between travelling surfaces. The highest share in the worldwide lubricants market is occupied by Asia Pacific. This is owing to huge demand for lubricants from China and India. Quick urbanization in Asia Pacific also adds revenue to the lubricants market in the region.

Lubricants Market Forecast

Information Source: Grand View Research

Pico Projector Market Forecast – Fragmented Into Four Categories

The pico projector market consists of pico projectors. A pico projector is deemed an addition to the well structured market of client electronics. It is predicted to develop into something foreseeable in digital cameras and mobile phones. This is due to its different advantages. It is responsible for making electronic products and devices more appealing with increasing satisfactoriness of signal applications. The role executed by a pico projector as a facilitating technology needs to be identified and is significant in course of innovations.

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Pico projector market volume share by region, 2013

Quite often, the effectivity and performance of an intricate and huge system can be significantly established by a pico projector inside the system. The shriveling of chipsets by primary participants will lead to more efficiency of pico projectors. Pico projector products are the consequence of various design, exploration and mechanized activities across several manufacturing and technical disciplines. The pico projector market is divided further into technologies, product kinds, regions and applications.

Technologies wise, the market is fragmented into liquid crystal on silicon, digital light processing and laser beam steering. Products wise, it is segmented into media player, embedded, USB and stand-alone. The regional sector of the worldwide pico projector market is fragmented into Asia Pacific, Europe, Americas and rest of the world. The applications sector of the pico projector market is segmented into automotive, aerospace and defense, business and education, healthcare, consumer electronics, retail and industrial.

This market is primarily propelled ahead by the incorporation of pico projectors in I-pads and mobile phones. It is also driven by the sectors of head-up display and wearable electronics. Some issues of well-being with respect to laser pico projectors exist. Also, certain pico projectors have low luminosity. Both these factors prevent the pico projector market from developing further. Also known as handheld projectors, pico projectors are developing fast in the markets and are expected to garner two times as much profits by 2020.

Newer uses and applications are being planned constantly and are something which drive the demand for pico projector market.

Pico Projector Market Forecast

Information Source: Grand View Research

Membrane Separation Market Growth – Estimated To Grow Over The Projected Phase

Switching from chemical to physical water treatments drives the membrane separation market. This market is estimated to be driven further through the projected phase. It is predicted to increase during the same. The population’s strict abidance with environmental policies of national governments is estimated to affect the membrane separation market.

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Industrial innovations and escalating population around the globe propel the need for improved technologies of water treatment. These components also offer growth prospects to the market and are responsible for pushing it ahead. The membrane separation process is highly popular and used for sanitizing water.

Increased research and development activities and growing implementation of membrane separation procedures are predicted to drive further demand for the membrane separation market. The market is segmented on the basis of applications, products and geographical regions. Membrane separation is used in waste water treatment, manufacturing and medical purposes.

The application segment of waste water and water treatment accounted for more than 35 percent of the entire share in the market in 2013. This segment is anticipated to lead the membrane separation market in the future. The market is segmented on the basis of microfiltration, nano filtration, reverse osmosis and ultra filtration.

Microfiltration leaded the worldwide membrane separation market. It occupied nearly 30 percent of the share in the same year. Reasonably priced membranes are used across different applications and are accountable for improving the conditions of the membrane separation market. Among the four geographical regions the worldwide market has, Europe leaded the scene in 2013.

The continent held more than 35 percent of the income in the worldwide market. Advancements in manufacturing are likely to augment the European market. Asia Pacific is estimated to generate profitable returns owing to the speedy markets of China. The North American membrane separation market is also predicted to progress further. This owes to innovations in techniques and procedures of membrane separation across the globe.

Membrane Separation Market Growth

Information Source: Grand View Research

Probiotics Market Size – Expected To Record About 6 Percent CAGR In The Near Future

The worldwide probiotics market is driven, primarily by high requirement for probiotic yogurt and increasing consumption of useful food. Augmented consciousness about gut health among people is also anticipated to drive the demand for this market. With gigantic prospects and rising client penchants, the market is predicted to undergo rapid expansion in the coming years.

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Probiotics are a kind of living bacteria that are responsible for maintaining good health in human beings. They are a form of good bacteria that are helpful in maintaining healthy gut. The probiotics market was predicted at nearly USD 23 billion in 2012. It is likely to grow through the projected phase, at about 6 percent CAGR. The said phase continues till 2018 from 2013.

The probiotics market is segmented on the basis of ingredients, geographical regions, applications and products. By ingredients, the market is divided into bacteria and yeasts. On the basis of geographical regions, the market is segmented into Asia Pacific, Europe, North America and rest of the world. By applications, the probiotics market is segmented into feed and food.

On the basis of products, the market is fragmented on the basis of dietary complements, functional food and beverages, animal feed and specialty nutrients. However, the probiotics market is still evolving. Imperative research and development activities are being carried out with respect to developing new products for innovative usage on a commercial basis.

Still, there are few doubts that linger in the minds of researchers regarding the advantages of probiotic supplements. This causes a hindrance in the further development of the probiotics market. Less consciousness regarding the usage of probiotics is also likely to act as a hindrance. Asia Pacific leads the probiotics market due to various advancements and investigative procedures executed in the region.

The North American probiotics market is anticipated to expand fast in the near future. This is due to demand for probiotic supplements from the inhabitants of the United States of America.

Probiotics Market Size

Information Source: Grand View Research

Power Generation Market Growth To 2020: RTPS in India achieves peak power generation

Raichur Thermal Power Station (RTPS), a major power generating station in India with a total installed capacity of 1720 MW has achieved an all-time power generation record by generating 41.329 million units of electric power in 24 hours.

The power station contributes around 30 per cent of the total power consumed in the state of Karnataka.

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As compared to the maximum generation of 41.28 million unit a day at 100 per cent Plant Load Factor (PLF), Friday’s generation was all-time record at 100.119 percent PLF. It broke its own record of generating 40.094 million units at 97.13 percent PLF on December 29, 2014. On that day, both RTPS and BTPS (Bellary Thermal Power Station) had achieved all-time record in the thermal power generation in the State by together generating 57.06 million units of electric power.

RTPS expressed its delight and stated that all the units functioned perfectly without reporting a single problem on Friday, as result of which RTPS could achieve an all-time record.

As per well-placed sources in the Karnataka Power Corporation Limited (KPCL), the Central Electrical Authority (CEA) and the Karnataka Electricity Regulatory Commission (KERC) have set an average annual target of 68 percent and 72 percent PLF respectively, for 2014-15.

KPCL has, however, set its own target at 75 percent PLF. KPCL has set a target for RTPS to generate 10,400 million units of power for the current fiscal year. RTPS has, as on January 16, already generated 8,300 million units.

As per official sources, the power station is receiving 8-9 rakes of coal (each rake contains around 3,200 metric tonnes) everyday from Singareni Coal Mines, Andhra Pradesh, Mahanadi Coalfields in Talcher, Odisha and Western Coalfields in Nagpur, Maharashtra, apart from having a stock of 50,000 metric tonnes at its yard.

Power Generation Market Growth

Source: Grand View Research

Power Generation Market Trends To 2020: Seimens set to supply turbines to Peru for power generation

Siemens has received an order for three SGT6-5000F gas turbines from Peru. The turbines will be used in the project Nodo Energético del Sur – Planta N° 2 Región Moquegua consisting of three simple cycle power plants.

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The customer is the power utility EnerSur, the contractor being Técnicas Reunidas and JJC. The commercial operation date is scheduled for March 2017.

The three new plants will be installed in Ilo, which is a seaport in the Moquegua region, the southern part of Peru. The SGT6-5000F dual fuel gas turbines will be operated with fuel oil for the first five years; afterwards they will be operated on natural gas.

The three simple cycle plants will together have a capacity of 600 MW when fired with fuel oil. With a total of more than 9,000,000 hours of fleet operation this gas turbine achieves peak values for reliability and continuous operation with highest performance values in its class.

While expressing joy over the contract, Siemens said in a statement that the SGT6-5000F gas turbine offers economical power generation for peak, intermediate, or base-load duty. It is an environmentally friendly gas turbine technology with low water injection requirements, and equipped with Shaping Power, a feature that enables higher power output on higher temperature days.

The turbines SGT6-5000F will be manufactured in the Siemens factory in Charlotte, North Carolina, which is the main production facility for Siemens 60 Hz power generation.

Power Generation Market Trends

Source: Grand View Research

Power Generation Market Share To 2020: US nuclear plants in record high power generation

According to latest reports by the Nuclear Energy Institute, U.S. nuclear energy plants generated electricity at a record high level of efficiency in 2014. Despite anti – nuclear slogans that cropped up after the Fukshima nuclear disaster in Japan, the figures demonstrate the value of nuclear energy in terms of reliability and stability of the electric grid and to the nation’s economy.

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One hundred nuclear power plants that operate across 31 states in the US have posted an estimated average capacity factor of 91.9 percent, based on preliminary 2014 data compiled by the Nuclear Energy Institute. That surpasses the industry’s prior record set in 2007 by one-tenth of a percentage point. Capacity factor measures total electricity generated as a percentage of year-round potential generation.

Actual electricity production from nuclear energy facilities last year was the sixth-highest ever, at an estimated 798.4 billion KWH. The industry’s record high electricity generation came in 2010, when the 104 reactors then operating produced 806.9 billion KWH of electricity while posting an industry average capacity factor of 90.9 percent.

The 2014 numbers point toward the importance of well-performing nuclear energy to America’s energy security, the overall economy and the quality of life.

During periods of extreme weather, nuclear energy facilities’ value is even greater. For example, at the height of the arctic blast that chilled the eastern United States on Jan. 8, nuclear power plants met significant portions of the electric demand load in their respective markets at levels well above their installed generating capacity. In the densely populated PJM market encompassing the mid-Atlantic region and large portions of the Midwest, PJM’s nuclear power plants provided about 27 percent of the region’s early afternoon electricity demand, even though they constitute only about 19 percent of the region’s installed electric generating capacity.

U.S. nuclear energy facilities for the past two decades have annually produced about one-fifth of U.S. electricity supplies, even as total electricity demand has increased significantly. Because of their sector-leading capacity factors they have done so even though nuclear power plants constitute only about 10 percent of the nation’s installed electric generating capacity.

Power Generation Market Share

Source: Grand View Research