Tuesday, 30 August 2016

Energy Management Systems (EMS) Market: Global Industry Analysis, Market Share and Strategies 2023

According to a new market report published by Credence Research, Inc., “Energy Management Systems (EMS) (Industrial Energy Management Systems (IEMS), Building Energy Management Systems (BEMS), Home Energy Management Systems (HEMS)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the energy management systems (EMS) market is expected to expand at a CAGR of 14.2% from 2015 to 2022, reaching US$ 57.8 Bn by 2022.

Product and Market Insights
Energy management systems (EMS) are electronic devices that allow consumers to monitor, control, and manage their energy consumption optimally. The global energy management systems (EMS) market for building and residential applications is currently in the nascent stage of development. The industry has been committed towards developing a universal platform capable of addressing issues concerned with the interface, interoperability, and installation.

Browse the full Energy Management Systems (EMS) Market @ http://www.credenceresearch.com/report/energy-management-systems-ems-market

Competitive Insights
The global energy management systems (EMS) market is competitive and technology driven. Some of the leading players in the energy management systems (EMS) market include Honeywell International, Inc. (the U.S.), General Electric Company (the U.S.), Schneider Electric SE (France), Panasonic Corporation (Japan), Cisco Systems, Inc. (the U.S.), Johnson Controls, Inc. (the U.S.), Siemens AG (Germany), Eaton Corporation Plc (Ireland.), Rockwell Automation, Inc. (the U.S.), and Emerson Electric Company (the U.S.) among others. The market competition is characterized by the presence of both and core solution providers and application sub-system suppliers. Their approach has been to offer energy management solutions as a part of home and industrial automation products and services. The new entrants in the energy management systems (EMS) market require substantial capital investment. Being a technology driven market, players entering the market are required to keep pace with the technological advancements and dedicate substantial budget for research and development activities. On the contrary, favorable government regulations promoting optimum energy consumption is expected to have positive impact on the new players entering the market. Thus, the existing energy management systems market poses moderate threat to new entrants.
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Key Trends
·         Growing interest in residential demand response and roll-out of smart utility meters
·         Increasing efforts by manufacturers to develop multi-featured energy management systems capable of connecting with multiple control devices and being managed from a remote location
·         Growing desire to manage electricity consumption and curb electricity bills

Blog: http://www.mobilecomputingtoday.co.uk/3353/global-energy-management-systems-ems-market-reach-57-8-2022-credence-research/

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

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In-Vitro Diagnostics Market: Global Industry Analysis, Market Strategies and Forecast 2023

According to the latest report published by Credence Research, Inc. “Global In-vitro Diagnostics Market – Growth, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,” the  in-vitro diagnostics market was valued at USD 60,468.7 Mn in 2015, and is expected to reach USD 81,345.1 Mn by 2022, expanding at a CAGR of 4.2% from 2016 to 2022.

Market Insights   
The need for in-vitro diagnostics is on a consistent rise due to growing incidence of chronic diseases, infections and high risk ageing population. Growing scope of personalized medicine, molecular diagnostics and growing knowledge about exploration of rare diseases and their treatments are further supporting the growth of in-vitro diagnostics market. On the other hand, rigorous regulatory requirements and dicey reimbursements will hold back the hold of this market.
Browse the full report Global In-vitro Diagnostics Market @ http://www.credenceresearch.com/report/in-vitro-diagnostics-ivd-market

Reagents, instruments, and software and services is the product level segmentation of the global in-vitro diagnostics market. Among these, reagents take over 30% of the overall market share in 2015, due to large scale consumption of these products across all IVS techniques. Additionally, the software and services segment is anticipated to progress at a faster growth rate during the forecast period attributed by the growing need for widest automation and centralization of IVD processes and techniques at a precision at par.

Molecular diagnostics is observed to be the most remarkable IVD technique during the forecast period. Growing applicability of MDx is attributed to its efficacy in understanding disease mechanism and thus their vital role in discovery of appropriate and targeted treatments. Its prospects in novel drug discovery and personalized medicine also plays a critical role in facilitating lucrative market growth during the forecast period. IVD is largely performed in central laboratories, whereas its applicability in point-of-care testing is on a perpetual growth. However, over-the-counter or self-testing IVD will demonstrate the most significant growth rate in the near future with the growing number of OTC testing products while offering cost effectiveness and precise outcomes.
Geographically, North America is the largest in-vitro diagnostics market, with the region taking over 35% market share in 2015. Fastest adoption of advanced technologies and rapid adoption of automation techniques in diagnostic process are the prime features of North America IVD market. Growing preference for molecular diagnostic in cancer screening will also facilitate steady growth to North America and Europe in-vitro diagnostics markets.
This market is majorly dominated with 5 players taking over 5% market share. This market is currently undergoing large scale consolidation activities by multinational players. Emergence of regional players is another significant phenomenon in the global in-vitro diagnostics market. Some of the major market players include Abbott Laboratories, Inc., Johnson and Johnson, Becton, Dickson and Company, Danaher Corporation, bioMérieux, Thermo Fisher Scientific, Inc. Sysmex Corporation and others.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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Monday, 29 August 2016

Global Sleep Apnea Devices Market is projected to hit USD 6,868.4 Mn by 2022, Credence Research

According to the latest report published by Credence Research, Inc. “Global Sleep Apnea Devices Market - Growth, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the sleep apnea devices market was valued at USD 3,942.5 Mn in 2015, and is expected to reach USD 6,868.4 Mn by 2022, expanding at a CAGR of 8.1% from 2016 to 2022.

Market Insights                                              
Sedentary lifestyle and associated lifestyle disorders, and rising prevalence of obstructive sleep apnea will contribute to fair growth of global sleep apnea devices market. Intensive R&D activities in developing advanced therapeutic devices and home-care solutions demonstrate lucrative future prospects for the global sleep apnea devices market.

Browse the full report Global Sleep Apnea Devices Market @ http://www.credenceresearch.com/report/sleep-apnea-devices-market

At present, the demand for home sleep testing methods is consistently growing due added advantages such as ergonomic design of respective devices and user-friendly features for use at comfort of home. Persistent product development, commercialization of advanced products, and growth in awareness about sleep apnea and related health hazards are the prime factors contributing to the demand for sleep apnea devices market. However, lack of patient compliance in home-use high costs of sleep apnea diagnosis are some of the aspects that may hold back the desired market growth.


Currently, therapeutic devices hold the larger market share in the overall sleep apnea devices market. Innovation and cost effective product development play a critical role in the growth of this segment. Introduction of portable CPAP devices and cheaper oral devices have urged the emergence of home treatment for sleep apnea, thus opening lucrative avenue for sleep apnea devices market. Development of customized treatment devices is expected to be a key opportunity in the overall sleep apnea therapeutic devices market.


The global sleep apnea devices market is highly fragmented with several players scattered around various segments of the market. Regional players also have a considerable presence in the respective markets. Some of the major players active in the global sleep apnea devices market are Respironics, CareFusion, GE Healthcare, Fisher & Paykel Healthcare and others.

About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
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Monday, 22 August 2016

Unified Communication Market is Expected Hit US$ 106.4 BN by 2022, Credence Research

According to a new market report published by Credence Research Inc’s report “Unified Communication Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the Unified Communication market was valued at US$ 31.8 Bn in 2014, and is expected to reach US$ 106.44 Bn by 2022, expanding at a CAGR of 5.8% from 2015 to 2022.
Market Insights
Ever changing business dynamics are forcing enterprises to deploy advanced solutions to strengthen their footholds in competitive environment. Organizations across the world are incorporating geographically distributed network capabilities and other resources instead of starting new subsidiaries. In addition, enterprises are looking to outsource non-core functions that represent a positive outlook for unified communication service providers. In the last decade (2006 – 2015), unified communication technology has been growing rapidly across the world. 
The unified communication market observed significant growth and increased demand in the last five years. Organizations have started to appreciate benefits of unified communication solutions and now investing in packaged communication solutions instead of using standalone Instant Messaging (IM), collaboration and mobility solutions. Continuous evolutions in unified communication technologies and rising investment in Internet Protocol (IP) infrastructure are expected to drive this market growth in the near future. The unified communication market is expected to see the double digit growth through the forecast period.
Competitive Insights:
The global unified communication industry comprises large numbers of established players offer their solutions to global clients. These players have better programs for solution developers to extend their platforms with respect to changing business needs. Large and mid size players in the industry are focusing on their customer support services in order to gain competitive advantage in this industry. Vendors are also focusing on development of advanced solutions to support real-time communication. Vendors such as International Business Machines (IBM) Corporation, Alcatel-Lucent S.A., NEC Corporation, Huawei Technologies Co. Ltd. and ShoreTel, Inc are focusing on providing competitive solutions which reduces deployment time and ownership cost for their clients. Microsoft Corporation, Cisco Systems Inc, Avaya Inc and Unify are market leaders in the global unified communication market.3
Key Trends:
  • Unified communication deployments are shifting to the cloud solutions
  • Unified communication and collaboration offers integration with social networking and applications
  • Shifting demands towards packaged solutions form standalone solutions
  • Rising demand for mobility solutions
  • Increasing demand for real-time solutions such as instant messaging, IP and voice telephony, call control, data sharing and video conferencing with other types of services such as fax, voice mail, e-mail and SMS
  • High degree of market competition
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
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Unified Communication Market is Expected Hit US$ 106.4 BN by 2022, Credence Research

According to a new market report published by Credence Research Inc’s report “Unified Communication Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the Unified Communication market was valued at US$ 31.8 Bn in 2014, and is expected to reach US$ 106.44 Bn by 2022, expanding at a CAGR of 5.8% from 2015 to 2022.
Market Insights
Ever changing business dynamics are forcing enterprises to deploy advanced solutions to strengthen their footholds in competitive environment. Organizations across the world are incorporating geographically distributed network capabilities and other resources instead of starting new subsidiaries. In addition, enterprises are looking to outsource non-core functions that represent a positive outlook for unified communication service providers. In the last decade (2006 – 2015), unified communication technology has been growing rapidly across the world. 
The unified communication market observed significant growth and increased demand in the last five years. Organizations have started to appreciate benefits of unified communication solutions and now investing in packaged communication solutions instead of using standalone Instant Messaging (IM), collaboration and mobility solutions. Continuous evolutions in unified communication technologies and rising investment in Internet Protocol (IP) infrastructure are expected to drive this market growth in the near future. The unified communication market is expected to see the double digit growth through the forecast period.
Competitive Insights:
The global unified communication industry comprises large numbers of established players offer their solutions to global clients. These players have better programs for solution developers to extend their platforms with respect to changing business needs. Large and mid size players in the industry are focusing on their customer support services in order to gain competitive advantage in this industry. Vendors are also focusing on development of advanced solutions to support real-time communication. Vendors such as International Business Machines (IBM) Corporation, Alcatel-Lucent S.A., NEC Corporation, Huawei Technologies Co. Ltd. and ShoreTel, Inc are focusing on providing competitive solutions which reduces deployment time and ownership cost for their clients. Microsoft Corporation, Cisco Systems Inc, Avaya Inc and Unify are market leaders in the global unified communication market.3
Key Trends:
  • Unified communication deployments are shifting to the cloud solutions
  • Unified communication and collaboration offers integration with social networking and applications
  • Shifting demands towards packaged solutions form standalone solutions
  • Rising demand for mobility solutions
  • Increasing demand for real-time solutions such as instant messaging, IP and voice telephony, call control, data sharing and video conferencing with other types of services such as fax, voice mail, e-mail and SMS
  • High degree of market competition
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
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Thursday, 18 August 2016

Direct to Consumer Genetic Testing Market is projected to reach USD 340 Mn by 2022, Credence Research

According to the latest report published by Credence Research, Inc. “Direct-to-Consumer Genetic Testing: Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the direct-to-consumer genetic testing market was valued at USD  70.2 Mn in 2015, and is expected to reach USD 340 Mn by 2022, expanding at a CAGR of 25.1% from 2016 to 2022.
Market Insights  
Conventionally, genetic tests have been made available only through healthcare providers at recommendations from physicians . Direct-to-consumer (DTC) genetic testing is defined as genetic teats marketed directly to individuals through agencies such as internet, pharmacies and others. DTC genetic testing market is predominantly driven by growing awareness in public about genetic diseases, growing tendency to take proactive role in personal healthcare and the ongoing trend of understanding ancestral origins.
Browse the full report Direct-to-Consumer Genetic Testing Market @ http://www.credenceresearch.com/report/direct-to-consumer-genetic-testing-market
Since 2010, the prices of genome testing solutions have observed a sharp decline in prices and the market is mostly concentrated in the hands of a few market players. The utilization of genomic data is yet not perfected, however increasing researches and growing availability of these solutions will
pave way for further improvements in the business dynamics. On the other hand, notable risks such as vulnerability to misleading outcomes from unproven or invalid diagnosis, taking improper precautions or health decisions sans involvement of physician assistance and the associated repercussions may hold back the pace of this market. Another challenge to the market growth is
potential risk of invasion of genetic privacy through unauthorized use of consumer data.
Genetic data services are roughly categorized into two sections namely, genome reading and interpretation of genomic data. The current market players mostly offer services that club the two categories into a single product. However some players have a differentiated their portfolio by offering DNA genotype as an individual product. Companies offering DTC genetic tests have varied portfolio and have varied revenue sources.
The global DTC genetic testing market is highly concentrated, with a handful of companies offering testing solutions. Some of the major players offering direct-to-consumer genetic testing solutions are 23andMe, MD Revolution, GeneByGene, DNA DTC, Genetrainer, Myriad Genetics, Genecodebook Oy and others.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com 
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Osteoarthritis Treatment Market : Global Industry Information, Market strategies and forecast 2023

The latest market report published by Credence Research, Inc. “Global Osteoarthritis Treatment Market – Growth, Share, Opportunities, Pipeline Analysis, Competitive Analysis, and Forecast, 2016 – 2022,” the osteoarthritis treatment market was valued at USD 5,132.4 Mn in 2015, and is expected to reach USD 5,895.5 Mn by 2022, expanding at a CAGR of 1.95% from 2016 to 2022.
Market Insights
According to World Health Organization (WHO), Osteoarthritis (OA) is a long-term chronic disease characterized by the deterioration of cartilage in joints which results in bones rubbing together and creating stiffness, pain, and impaired movement. Furthermore, the disease most commonly affects the middle-aged and elderly, although younger people may be affected as a result of injury or overuse.
Browse the full report Osteoarthritis Treatment Market @ http://www.credenceresearch.com/report/osteoarthritis-treatment-market
Age is the strongest predictor of the disease and therefore increasing age and extended life expectancy will result in a greater occurrence of the disease. The meager treatment seeking rate is one of the main barriers to the growth of the market. Most of the medical practitioners suggested
that early detection of osteoarthritis can improve patient’s quality of life but there is often a lack of awareness about the disease which requires attention. The types of therapeutics included in treatment of osteoarthritis disease are segmented as analgesics, non-steroidal anti-inflammatory drugs (NSAIDs), corticosteroids and hyaluronic acid. According to market experts, the non-steroidal anti-inflammatory drugs (NSAIDs) class of painkillers, such as diclofenac (150mg per day) and etoricoxib (30, 60 or 90mg per day) were found more likely to improve pain (between 95 and 100% likely) and were the top-ranked painkilling drugs. However, the major market restraint of NSAIDs market in osteoarthritis application is that its long-term use can trigger complications such as stomach ulcers, and, in rare cases may lead to heart failure.
Pipeline Analysis
The phase III drugs included in the pipeline analysis are Sprifermin (Merck Serono), Invossa (TissueGene), Ampion (Ampio Pharmaceuticals. Inc.),Apitox (Apimeds, Inc.), Fasinumab (Regeneron Pharmaceuticals), LBSA0103 (LG Life Sciences), and AXS-02 (Axsome Therapeutics, Inc.). According to market experts, it was observed that the late-stage development pipeline at present includes two drugs TissueGene’s Invossa and Merck Serono’s sprifermin which are expected to launch in the US in 2020 and 2021, respectively. The III phase clinical trials studies have shown evidence of reducing disease progression, and Invossa was also found to decrease osteoarthritis pain.
Key Market Movements
Osteoarthritis is mainly prevalent in elderly persons and a significant increase in osteoarthritis incidence has occurred over the past few years assisted by rapid increase in the obese population
Currently population of developed countries is at high risk of osteoarthritis due to increasing geriatric population
In developing countries from Asia Pacific and Latin America the awareness related to age-specific diseases such as osteoarthritis and osteoporosis is increasing
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
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Energy Management Systems Market (EMS) : Global Industry Information, Market research and Forecast 2022

According to a new market report published by Credence Research, Inc., “Energy Management Systems (EMS) (Industrial Energy Management Systems (IEMS), Building Energy Management Systems (BEMS), Home Energy Management Systems (HEMS)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the energy management systems (EMS) market is expected to expand at a CAGR of 14.2% from 2015 to 2022, reaching US$ 57.8 Bn by 2022.
Browse the full Energy Management Systems (EMS) @ http://www.credenceresearch.com/report/energy-management-systems-ems-market
Product and Market Insights
Energy management systems (EMS) are electronic devices that allow consumers to monitor, control, and manage their energy consumption optimally. The global energy management systems (EMS) market for building and residential applications is currently in the nascent stage of development. The industry has been committed towards developing a universal platform capable of addressing issues concerned with the interface, interoperability, and installation.energy-management-systems-ems-market
Competitive Insights
The global energy management systems (EMS) market is competitive and technology driven. Some of the leading players in the energy management systems (EMS) market include Honeywell International, Inc. (the U.S.), General Electric Company (the U.S.), Schneider Electric SE (France), Panasonic Corporation (Japan), Cisco Systems, Inc. (the U.S.), Johnson Controls, Inc. (the U.S.),
Siemens AG (Germany), Eaton Corporation Plc (Ireland.), Rockwell Automation, Inc. (the U.S.), and Emerson Electric Company (the U.S.) among others. The market competition is characterized by the presence of both and core solution providers and application sub-system suppliers. Their approach has been to offer energy management solutions as a part of home and industrial automation products and services. The new entrants in the energy management systems (EMS) market require substantial capital investment. Being a technology driven market, players entering the market are required to keep pace with the technological advancements and dedicate substantial budget for research and development activities. On the contrary, favorable government regulations promoting optimum energy consumption is expected to have positive impact on the new players entering the market. Thus, the existing energy management systems market poses moderate threat to new entrants.
Key Trends
Growing interest in residential demand response and roll-out of smart utility meters
Increasing efforts by manufacturers to develop multi-featured energy management systems capable of connecting with multiple control devices and being managed from a remote location
Growing desire to manage electricity consumption and curb electricity bills
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com 
Ph: 1-800-361-8290
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Butyric Acid Market Is expected To hit USD 329.9 Million By 2022, Credence Research

In terms of revenue in 2014, the global market for butyric acid was calculated to be USD 120.0 million and is projected to reach USD 329.9 million by 2022, growing at a CAGR of 14.0% from 2015 to 2022.
The major factors driving the market growth of butyric acid are rising demand from various end user industries, ban on consumption of antibiotics in animal feed in some countries. However, unpleasant smell of butyric acid is the major factor inhibiting the market growth. Rising demand of renewable butyric acid from food and flavors industries can provide huge market potential over the coming years.
By application, rising demand from animal feed segment is influencing the overall market growth. In 2014, it accounted 40% share of the total market and projected to maintain its dominance during the forecast period. It is also one of the fastest growing market. The second biggest application segment is the chemicals intermediate at 23.4% in terms of value in 2014. However, pharmaceuticals segment is projected to witness average growth rates during the forecast period.
By geography, Asia Pacific is the largest and fastest growing market. It is projected to grow at a CAGR of 14.4% from 2015 to 2022. India and China are the two major contributors towards the market growth. It is due to rising demand for meat, and food & flavors, increasing concerns for animal care. Asia Pacific was followed by North America and accounted for 30% share of the market in 2014 in terms of value. The market volume of butyric acid is comparatively low in the RoW region.
Some of the major players present in this market are Oxea Gmbh, Eastman Chemical Company, Perstorp Holding Ab, Blue Marble Biomaterials, Llc, Tokyo Chemical Industry Co., Ltd. and Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
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Wednesday, 17 August 2016

Dimer Acid Market is predicted to hit 654.10 kilo tons by 2022 , Credence Research

​In terms of revenue in 2014, the global market for dimer acid was calculated to be USD 1,330.0million and is projected to reach USD 2,145.9million by 2022, growing at a CAGR of 6.6% from 2015 to 2022. In 2014, in terms of volume the market demand for dimer acid was 475.00kilo tons and is projected to reach 654.10kilo tons by 2022 at a CAGR of 4.5% during the forecast period.
The global market for dimer acid is witnessing growth on the back of rising demand from end user industries such as paints & coatings, adhesives, and among others. Another factor driving the market growth is the strong economic and industrial growth in emerging economies. However, volatility in the prices of raw material such as vegetable oil act as the major factor inhibiting the market growth.
Browse The Full Report Dimer Acid Market@: http://www.credenceresearch.com/report/dimer-acid-market
In 2014, nonreactive polyamide resins were the leading application segment with 39% of total market in terms of value. Reactive polyamide resins are projected to witness highest growth rate over the forecast period on account of its rising demand from construction and marine coatings industries. Oilfield chemicals applications is projected to grow at a CAGR of 4.7% in terms of volume during the forecast period owing to increase in demand drilling activities.
By product type, the market include standard, distilled and hydrogenated product segment depending upon the purity of the process. In 2014, standard product accounted for 44% share of the total market in terms of value and projected to maintain its dominance during the forecast period. However, growth is projected to be fastest from distilled product segment.
Some of the leading players present in this market are BASF SE, Oleon NV, Arizona Chemicals Company, LLC, Croda International Plc, and Shandong Huijin Chemical Co. Ltd among others.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com 
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