Hexa Research

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Acetic Acid Market Research & Development

The global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015 to 2022. The total global acetic acid demand for PTA was more than 2,450-kilo tons in 2014, which is likely to rise to more than 3,750-kilo tons in 2020.

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Warehouse Robotics Market growth

The global warehouse robotics market is expected to reach USD 6.00 billion by 2025. The increasing importance of automation in the manufacturing sector is driving the market for robotics across the globe. The products find utility as material handling equipment in various industries including automotive, food & beverage, pharmaceuticals, electronics, oil & gas, construction, and e-commerce.

Robots fit in well as companies look for ways to bring in operational efficiency by improving inventory control and increasing labor efficiency to reduce lag time in order processing. The focus on optimizing warehouse operations has gained more importance with an ever-growing e-commerce industry, where effective backend operations play a critical role.

The automation in the manufacturing sector with the help of warehouse robotics systems has made picking, moving, labeling, and packaging processes easier and efficient. These systems also enable firms to achieve the global quality standard at a fast pace through the process quality monitoring robots.

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Enhanced Oil Recovery (EOR) Market Fueled By The Increasing Demand For Energy in a Broad Range of Applications

The global enhanced oil recovery (EOR) market size is estimated to reach USD 55.02 billion by 2025, fueled by the increasing demand for energy in a broad range of applications including manufacturing, infrastructure and utilities. Rising number of aged wells resulting in low oil output has paved the way for advanced technologies including EOR to achieve optimum production.

 Keeping these driving factors in mind, companies are focusing on developing advanced technologies to extract more oil from existing wells rather than erecting new wells. For instance, in June 2014, Statoil ASA opened its new research & development center for improved oil recovery at Rotvoll in Trondheim, mid-Norway.

 BP, a producer of energy and EOR, launched the concept of “Bright Water”, which is a thermally activated microscopic particle that increases oil recovery by directing water into potentially untapped oil-rich areas. Since its inception, the technology has undergone several modifications to make it suitable for every type of terrain and age of the well.

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The global electronic camera stabilizers market size was worth USD 7.43 billion in 2017 and is expected to register a CAGR of 6.4% from 2017 to 2025

The global electronic camera stabilizers market growth from 2017 to 2025 will depend on increasing demand for camera stabilizers is expected to play a vital role in driving market growth. The China film industry is one of the largest film industries globally, churning out revenue of about USD 6.6 billion in 2016.

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The global Surface Mount Technology (SMT) carrier tape market was valued at USD 82.4 million in 2017

The global surface mount technology (SMT) carrier tape market rising demand for electronic components in the manufacturing sector including automotive, consumer electronics, medical devices, and industrial automation is expected to play a vital role in growth of market.

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The North America water & wastewater treatment market size was valued at USD 103.59 billion in 2017 and is expected to be valued at 119.56 billion by the end of 2025. It is projected to expand at a CAGR of 1.8% during the forecast period

The North America water & wastewater treatment market growth from 2017 to 2025 will depend on increasing demand for safe drinking water is expected to play a vital role in driving market growth. Wastewater sources include factories, farms, homes, businesses, and hospitals.

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The North America toroidal power transformer market size stood at USD 836.95 million in 2017. It is estimated to expand at a CAGR of 7.6% over the projected period

The North America toroidal power transformer market growth from 2017 to 2025 will depend on increasing demand for toroidal power transformer is expected to play a vital role in driving market growth. Increasing application of toroidal transformers in medical, power distribution, smart grid, and other power electronics is the key factor driving demand of toroidal power transformers.

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The global Synthetic & bio superabsorbent polymers market size was valued at USD 7.25 billion in 2017. It is anticipated to expand at a CAGR of 4.7% during the forecast period

The global synthetic & bio superabsorbent polymers market growth from 2017 to 2025 will depend on increasing application in agriculture sector and awareness regarding health and hygiene are expected to play a vital role in driving market growth.

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The global lithium tantalate wafers market size was valued at USD 1.36 billion in 2017. It is expected to exhibit a CAGR of 11.3% during the forecast period

The global lithium tantalate wafers market rising demand for lithium tantalate wafers is expected to play a vital role in growth of market. Owing to its versatile characteristics, surface acoustic wave devices are expected to gain traction in television and radio, geophysics, micro fluids, and flow measurement.

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The Brazil glass packaging market size was valued at USD 1.55 billion in 2017. It is projected to exhibit a CAGR of more than 3.0% over the forecast period

The Brazil and Argentina glass packaging market growth from 2017 to 2024 will depend on increasing demand for glass packaging for alcoholic beverages such as beer, spirits, and wine is expected to play a vital role in driving market growth.

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The global online gambling market size is expected to reach USD 73.45 billion by 2024, with a CAGR of 9.8% over the forecast period. Continuous technological advancements such as handheld devices and smart phone penetration are key driving factors in the

The global online gambling market rising demand for prevalence gambling across the globe is expected to play a vital role in growth of market. Growing adoption of smartphones and tablets and easy access to online platforms are anticipated to drive the market. Companies are focusing on developing mobile applications with secure money transfer facilities so that punters can easily place their bets online in real time.

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The global microwave absorbers market size was valued at USD 133.5 million in 2017. It is expected to exhibit promising growth through 2025

The global microwave absorbers market growth from 2017 to 2025 will depend on increasing demand for microwave absorbers by electronics consumer, military, and defense sector is expected to play a vital role in driving market growth.

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The global directional drilling services market size was valued at USD 9.11 billion in 2017 and is expected to grow further over the forecast period. Rising concerns regarding optimizing production and maximizing recovery are expected to upscale the deman

The global directional drilling services market growth from 2017 to 2025 will depend on increasing demand for energy is expected to play a vital role in driving market growth. The drilling operators are increasingly investing in research and development to deliver innovative software drilling technologies in terms of instruments and software tools and services.

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The global electric winch market size was valued at USD 2.89 billion in 2017. Growing millennial interest in adventure sports such as wakeboarding, snowboarding, waterboarding, as well as All-terrain Vehicle (ATV) mount is expected fuel demand for electri

The global electric winch market rising demand for electric winch is expected to play a vital role in growth of market. Rise in demand from manufacturing sector, government organizations, and shipping industry on account of high load bearing capacity and excellent durability of electric winch is expected to remain a key trend in near future.

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The global sucralose market size was valued at USD 697.4 million in 2017. It is projected to witness a CAGR of 3.0% from 2017 to 2025 on account of rising popularity of artificial sweeteners as a low calorie functional ingredient in the nutrition sector

The global sucralose market rising demand for tabletop sweetener is expected to play a vital role in growth of market. Declining production and increasing prices of sugar on a global level are expected to promote the usage of high-intensity artificial sweeteners such as sucralose, saccharine, and stevia.

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The global naphthenic acid market size was valued at USD 55.6 million in 2017. It is estimated to register a CAGR of 2.5% over the forecast period

The global naphthenic acid market rising demand for wooden products protection and decomposition is expected to play a vital role in growth of market. Countries, such as Vietnam, are concentrating on increasing their wood product manufacturing and export capacity to meet the growing demand across the globe.

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The U.S. wound dressing market size was valued at USD 318 billion in 2017. Increasing prevalence of diabetes is expected to provide growth opportunity for the market

The U.S. wound dressing market rising demand for wound dressing is expected to play a vital role in growth of market. Advanced dressing offers rapid healing, reasonable cost, with minimal inconvenience to the patient. However, owing to the demand for low-cost dressing, traditional methods are being used to some extent.