Advancements to Perform Sequencing in Less Time is expected to driving Targeted DNA/RNA Sequencing Market Toward Rapid Growth

The global Targeted DNA/RNA Sequencing Market is expected to reach USD 15.9 billion by 2025, according to a new report by Grand View Research, Inc. Targeted Sequencing has emerged as a key technology in life science research by enabling examination of specific region of interest while keeping the seq. cost as well as complexity of data under manageable limits.

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This approach enhances sequencing depth by allowing evaluation of specific coding regions within genes or specific genes, which are known to harbor mutations for disease pathogenesis. Several research projects have employed this technology to avoid wastage of information and extra cost and study only relevant genes. Number of such projects continue to grow, consequently driving the market.

Innovations to address the pitfalls of targeted enrichment method are anticipated to enhance the usage rate of this technology throughout the forecast period. Moreover, with decrease in seq-cost and improvement in informatics, targeted methods have become more accessible for use in clinical settings than ever.

Access Full Research on Targeted DNA/RNA Sequencing Market: http://www.grandviewresearch.com/industry-analysis/targeted-dna-rna-sequencing-market

 Further key findings from the report suggest:

  • Next-Generation Sequencing (NGS) technology captured a major share in 2016
  • Rapid advancements in NGS and its ancillary protocols can be attributed to the growth of this segment
  • Out of all the NGS-based targeted methods, exome-seq held the largest share
  • This can be attributed to the fact that though it accounts for less than 2% of the genome, it contains 85% of the known disease-relevant variants
  • Entire targeted approach is broken down into presequencing, sequence determination, and data analysis
  • Being the most crucial step, sequencing accounted for the largest share
  • This space has revolutionized various applications of life sciences, including human biomedical research, plant & animal sciences, drug discovery, and others
  • Out of all, human biomedical research is estimated to be the largest application of this space due its high usage in studying disease pathogenesis
  • The market is bifurcated into DNA-seq and RNA-seq, based on the sample type
  • DNA-sequencing has been estimated to generate the higher revenue over its counterpart segment. This can be attributed to the presence of wide range of products and kits for DNA-seq
  • As per end use, academic research is estimated to be the largest segment owing to the increase in seq-based projects at universities and other academic centers
  • North America held the largest share owing to the presence of effective regulations pertaining to approval of genetic tests and bioinformatics tools
  • Moreover, the U.S. is observed to have highest number of installed sequencers, which in turn, has contributed to the large share of North America regional market
  • Asia Pacific is expected to emerge as the fastest growing regional market
  • Rise in genome-based projects coupled with constant GDP growth in Asian countries is expected to drive the Asia Pacific market
  • Illumina, Inc.; F. Hoffmann-La Roche Ltd; QIAGEN, Thermo Fisher Scientific, Inc.; and Oxford Nanopore Technologies are some of the major companies operating in this space

Grand View Research has segmented the global targeted DNA/RNA sequencing market on the basis of technology, workflow, application, type, end use, and region:

Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Next-generation Sequencing (NGS)
    • By Methods
      • Exome Sequencing
      • Enrichment Sequencing
      • Amplicon Sequencing
      • Others
    • By Applications
      • Cancer Gene Sequencing
      • Inherited Disease Screening
      • Drug Development
      • Forensic Genomics
      • 16S ribosomal RNA (rRNA) sequencing
    • Others

Workflow Outlook (Revenue, USD Million, 2014 – 2025)

  • Presequencing
  • Sequencing
  • Data Analysis

Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Human Biomedical Research
  • Plant & Animal Sciences
  • Drug Discovery
  • Others

Type Outlook (Revenue, USD Million, 2014 – 2025)

  • DNA-based Targeted Sequencing
  • RNA-based Targeted Sequencing

End-use Outlook (Revenue, USD Million, 2014 – 2025)

  • Academic Research
  • Hospitals & Clinics
  • Pharma & Biotech Entities
  • Other Users

Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa
    • South Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-targeted-dna-rna-sequencing-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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Saffron Market Is Likely To Sustain Growth At A CAGR: 12.0% Between 2016 to 2024: Grand View Research, Inc.

The global Saffron Market is expected to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising product use in food applications as a flavoring and coloring agent will augment growth over the next nine years.

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The product is being employed in medical applications to treat dry skin, cough, and asthma. Rising demand from the pharmaceutical sector on account of its antioxidant, anti-inflammatory, anti-tumor, and anti-diabetic properties is expected to have a positive impact on the industry. Growing popularity as an herbal health supplement is expected to propel product growth over the next nine years.

Rising product use in the treatment of acne, tan removal, and other skin related issues, is expected to fuel its need in the manufacturing of skin care products which in turn will fuel demand.

Increasing product use in textile and paint applications on account of properties such as oriental fragrance, natural color dyeing, and replacement of chemical color pigment respectively will propel industry development. Expansion of the perfume sector in Middle East & Africa and Asia Pacific is expected to propel product need over the next nine years.

The saffron market is a labor intensive sector along with specific agro-climatic condition requirements, which imply high production costs which in turn impact product prices. This factor may restrain industry development over the forecast period.

Access Full Research Report on Saffron Market: http://www.grandviewresearch.com/industry-analysis/saffron-market-analysis-market

Further key findings from the report suggest

  • The market is expected to grow at a CAGR of 12.0% from 2016 to 2025 on account of increasing use in the food sector
  • Food as an application of the product will witness the fastest growth in terms of revenue at a CAGR of over 13% from 2016 to 2024 owing to its flavoring and coloring properties
  • Europe market is expected to witness significant development and was estimated at over USD 250 million in 2015 on account of rising demand from the food and healthcare sector
  • Key participants include Gohar, Rowhani., Iran Saffron Company, and Saffron Business Co.
  • Key companies are focused on increasing their global presence through the integration of supply chain.
  • In January 2017, Rowhani revised its product manufacturing schedule to implement mechanization and use scientific research to enhance product quality

Read Our Blog: http://www.grandviewresearch.com/blog/saffron-market-size-share

Grand View Research has segmented the global saffron market on the basis of application and region:

Saffron Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • Food
  • Medical
  • Cosmetics
  • Others

Saffron Regional Outlook (Volume, Tons, Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
  • Europe
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
  • South & Central America
    • Brazil
  • Middle East & Africa
    • Iran
    • UAE
    • Saudi Arabia

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-saffron-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Graphene Nanoplatelets Market is Estimated To Generate $206.0 Million By 2025: Grand View Research, Inc.

The global Graphene Nanoplatelets Market is expected to reach USD 206.0 million by 2025, according to a report by Grand View Research, Inc. The rising demand for lightweight composite materials in numerous end-user industries is expected to propel the market growth.

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The product has unique mechanical properties including high tensile strength, surface hardness, and stiffness. Layered composition of the particles imparts superior thermal and electrical properties of the product as compared to conventional carbon compounds. Furthermore, the unique platelet morphology of these nanomaterials leads to improved barrier properties. Therefore, nano-dimensional size, material composition, and thermal & electrical conductivity encourage their usage in composites, energy & power, conductive inks & coatings, and lubricants.

Enhanced toughness, scratch resistance, and abrasion resistance have fueled the usage of the product in composites. Composites based on graphene nanoplatelets are experiencing surging demand in the automotive, aerospace, and construction industries. The growing demand for advanced composite materials in several end-user industries is anticipated to propel the market growth over the forecast period.

North America held the largest share of the global market in 2016 owing to significant demand for high-performance composites and sustainable energy & power storage system. Considerable presence of various aircraft and automotive manufacturers has boosted the demand in the U.S. over the past few years. Asia Pacific is projected to witness spurring demand for graphene nanoplatelets over the forecast period. Supportive governmental policies in countries including China and India are expected to favor the market growth in Asia Pacific. 

Access Full Research Report on Graphene Nanoplatelets Market: http://www.grandviewresearch.com/industry-analysis/graphene-nanoplatelets-market

Further key findings from the report suggest:

  • The global graphene nanoplatelets market was valued at USD 11.9 million in 2016 and is expected to grow at a robust CAGR of 37.6% from 2017 to 2025, driven by the increasing consumption in key end-use verticals such as aerospace and energy & power
  • Advantageous features including electrical conductivity, thermal stability, and increased stiffness have encouraged the consumption of the product in various applications
  • Composites application segment is expected to dominate the global market owing to significant demand in the aerospace & defense, automotive, and construction sectors
  • In terms of revenue, the composites segment accounted for around 31% share of the global market in 2016 followed by energy & power
  • Energy & power is predicted to be the fastest-growing application segment of the global market owing to increased use of graphene nanoplatelets in lithium-ion batteries, lead batteries, and ultracapacitors
  • In terms of revenue, North America held the largest share of the global market in 2016 owing to significant demand in developed countries such as the U.S. and Canada
  • Asia Pacific is estimated to dominate the global market by 2025, surpassing North America. Prospective industrial growth in countries including China, India, and Japan are likely to attribute to the rapid growth in the Asia Pacific region.
  • Key players include XG Sciences, Inc.; ACS Materials LLC; CVD Equipment Corporation.; Angstron Material Inc.; and Group NanoXplore Inc. The market is fragmented in nature owing to the presence of numerous small and medium-scale producers.

Read Our Blog: http://www.grandviewresearch.com/blogs/advanced-materials

Grand View Research has segmented the global graphene nanoplatelets market on the basis of application and region:

Graphene Nanoplatelets Application Outlook (Volume, Kilograms; Revenue, USD Thousand; 2014 – 2025)

  • Composites
  • Energy & Power
  • Conductive Inks & Coatings
  • Others

Graphene Nanoplatelets Regional Outlook (Volume, Kilograms; Revenue, USD Thousand; 2014 – 2025)

  • North America
    • US.
  • Europe
    • UK
    • Spain
  • Asia Pacific
    • China
    • India
  • Rest of the World

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-graphene-nanoplatelets-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Rapid Rise In The Production Of Plastic Goods Along With A Healthier Sales Climate Is Anticipated To Be A Key Factor Driving Industry Growth

The global Plastic Processing Machinery Market is expected to reach USD 43.7 billion by 2025, according to a new report by Grand View Research, Inc. The shift in trend towards mechanized packaging for increased efficiency and output is expected to drive demand.

us-plastic-processing-machinery-market

Plastics exhibit superior properties such as flexibility, light-weight, low density, improved barrier resistance, durability, insulation, energy-saving, enhanced weathering, and aesthetic appeal (multitude of colors and metalized finishes). These factors have widened the application scope of processing machinery.

Advancements in molding technology have led to the development of complex components such as joints, structural components, brake components, housing units, fuel tanks, suspensions and engine frames.

Introduction of favorable policies by the governments in emerging economies, including China and India, to encourage foreign direct investment and facilitate closer integration with other economies is expected to propel demand. Major automotive OEMs are increasingly incorporating plastic parts and components to reduce gross vehicle weight and subsequently improve the performance and fuel efficiency.

Stringent regulations regarding depletion and recyclability of conventional materials like metal and wood are anticipated to drive greater plastics demand from construction industry in insulation, pipes, cables, floorings, windows and storage tanks among others.

To Request A Sample Copy Or View Summary Of This Report, Click The Link Below: http://www.grandviewresearch.com/industry-analysis/plastic-processing-machinery-market

Further key findings from the report suggest:

  • The global plastic processing machinery demand exceeded 2,700 thousand units in 2016 and is expected to grow at a CAGR of 5.7% from 2017 to 2025
  • Extrusion technologies are used for converting the materials from solid to liquid and then reconstitute the same to a finished product. This technology has gained tremendous popularity owing to low cost, better flexibility, and post-extrusion manipulations
  • Asia Pacific is expected to dominate the regional segment with an estimated CAGR of around 7.4% in terms of volume from 2017 to 2025
  • The industry has witnessed various improvements in the major technologies including injection molding, blow molding and extrusion.
  • Some of the recent developments in injection molding method include dual-shot injection molding, mono-sandwich, water injection technique (WIT) and gas injection technique (GIT) among others.
  • Major participants include The Japan Steel Works, Ltd. (JSW), Arburg, Husky Injection Molding Systems, Sumitomo Heavy Industries, Ltd., Persimmon Technologies Corporation, Milacron Holdings Corporation and Haitian International Holdings Limited and Chen Hsong Holdings Limited
  • Chen Hsong Group announced plans of venturing into highly lucrative Indian plastics industry. In India, the company has announced to open a new facility to assemble processing machines using parts made in the company’s China facilities

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the global plastic processing machinery market on the basis of product, and region:

Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 – 2025)

  • IMM
    • Consumer Goods
    • Automotive
    • White Goods
    • Packaging
    • Others
  • Extrusion Machine
    • Packaging
    • Building & Construction
    • Consumer Goods
    • Automotive
    • Others
  • BMM
    • Packaging
    • Automotive
    • Medical
    • Others
  • Others
    • Packaging
    • Automotive
    • Building & Construction
    • Others

Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-plastic-processing-machinery-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Use Of Intelligence Is Increasingly Gaining Strategic Imperative Is Propel The Threat Intelligence Industry Growth Over The Forecast Period

The global threat intelligence market is anticipated to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.

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Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breach through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking to incorporate advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solution.

Organizations are preferring the use of cloud security as the cost incurred in the implementation of the on-premise solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops the unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

To Request A Sample Copy Or View Summary Of This Report, Click The Link Below:
http://www.grandviewresearch.com/industry-analysis/threat-intelligence-market

Further key findings from the report suggest:

  • The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025
  • The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.
  • The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.
  • BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.
  • Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.
  • The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.
  • Key players include IBM Corporation, Dell Inc., Symantec Corporation, Check Point Software Technologies Ltd., accounting for a majority share of the overall market in 2016.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the threat intelligence market on the solution, services, deployment, application and region:

Solution Outlook (Revenue, USD Million, 2014 – 2025)

  • Unified threat management
  • SIEM
  • IAM
  • Incident Forensics
  • Log Management
  • Third Party risk management

Services Outlook (Revenue, USD Million, 2014 – 2025)

  • Professional services
  • Managed Service
  • Subscription Services
  • Training & Support

Deployment Outlook (Revenue, USD Million, 2014 – 2025)

  • Cloud-based
  • On-Premise

Application Outlook (Revenue, USD Million, 2014 – 2025)

  • BFSI
  • IT & Telecom
  • Healthcare
  • Retail
  • Government & Defense
  • Manufacturing
  • Others

Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • MEA

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-threat-intelligence-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Accumulative Acceptance Of Submission And Risk Management Solutions By Various Enterprises Is Anticipated To Be The Key Growth Factor

The global Enterprise Governance, Risk And Compliance Market is expected to reach USD 64.6 billion by 2025, according to a new report by Grand View Research, Inc.Rising complex compliance, regulator, and risk management environment in the business has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) and its implementation across compliance and risk management processes also paved the way for greater development of GRC solutions.

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The need for compliance management grew significantly owing to the advent of new regulations by government bodies across various industries. Companies that deliver GRC solutions are working with various other private corporations as well as public organizations for developing and implementing solutions to reduce the damage caused by the risks within the business. The financial sector has become more strategic and cautious, realizing the significance of identifying and mitigating the risks of doing business with corrupt and criminal entities. As a result, organizations are increasingly pursuing to invest in compliance departments.

Enterprise GRC consulting was the largest service category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. It constituted with a share of about 39% in 2016. Integration services segment is expected to observe the fastest growth over the next eight years with an estimated CAGR of 13.2% from 2017 to 2025.

Integrated GRC solutions helps organization in making critical connection between strong business results and compliance processes in the areas of revenue management, brand protection and reputation, customer retention and attraction, lower costs/higher profitability, asset protection, improved workforce performance, and many more. Therefore, the segment is likely to continue growing in the near future.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/enterprise-governance-risk-compliance-egrc-market

Further key findings from the report suggest:

  • The global enterprise governance, risk and compliance market was valued at USD 22.11 billion in 2016 and is expected to grow at a CAGR of 12.7% from 2016 to 2025
  • Risk management emerged as the largest solution segment in 2016 and is estimated to generate revenue over USD 15.96 billion by 2025
  • Global enterprise governance, risk and compliance demand in policy management was USD 3.16 billion in 2016 and is anticipated to witness staggered growth over the next eight years
  • The U.S. large enterprise market for EGRC is estimated to reach an overall market size of USD 11.92 billion by 2025
  • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies. The regional market is expected to grow at a CAGR of 14.2% from 2017 to 2025.
  • Key players including SAP SE, Thomson Reuters, Wolters Kluwer, MetricStream Inc., and Bwise dominated the global enterprise governance, risk and compliance market while accounting for over 51% of the total revenue in 2016

Read More: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the global enterprise governance, risk and compliance market on the basis of solution, services, enterprise type, vertical type, and region:

Solution Outlook (Revenue, USD Million, 2014 – 2025)

  • Audit Management
  • Compliance Management
  • Risk Management
  • Policy Management
  • Incident Management
  • Others

Service Outlook (Revenue, USD Million, 2014 – 2025)

  • Integration
  • Consulting
  • Support

Enterprise Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Small & Medium Enterprise (SME)
  • Large Enterprise

Vertical Type Outlook (Revenue, USD Million, 2014 – 2025)

  • BFSI
  • Construction & Engineering
  • Energy & Utilities
  • Government
  • Healthcare
  • Manufacturing
  • Retail & consumer goods
  • Telecom & IT
  • Transportation & Logistics
  • Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-enterprise-governance-risk-compliance-egrc-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smart Coating Market Is Growing Phenomenally Due Increasing Demand For The Product From Various End-User Industries

The global Smart Coating Market is expected to reach USD 11,676.0 million by 2024, according to a new report by Grand View Research, Inc. The smart coating market is expected to witness a significant growth over the forecasted period owing to the rising demand from key end-user segments including military, aerospace, automotive, and healthcare.

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Growing application scope in end-use industries is attributed to superior properties including self-healing, self-cleaning and antimicrobial properties. In Aerospace sector, smart coating have the ability to indicate damage on an aero engine; be used in the composite form to reduce weight of aircrafts; and so on. In addition to the aforementioned industries, the application of the compound in consumer electronics offers high growth potential for the coming years.

Growing use of the product in military owing to rising demand for customization including smart self-repair, artificial intelligence, and sensing capabilities is expected to propel growth. The other key end-user segments include construction, healthcare, marine, and so on. The concerns of bio-fouling, microbial attacks, and so on are addressed by the compound in the marine segment. Furthermore, the product helps mitigate maintenance challenges in aerospace industry which is a key driver promoting demand.

Access Full Research Report on Smart Coating Market: http://www.grandviewresearch.com/industry-analysis/smart-coating-market

Further key findings from the report suggest:

  • Globally, military and aerospace segments are expected to witness significant growth during the forecast period, growing at CAGRs of over 32% during the forecast period. Rapid demand can be attributed to extensive research activities in this segment undertaken by the U.S military or jointly with other research institutes. The demand from the military segment is primarily for anti-corrosive smart coating.
  • Europe dominated the industry in 2015 with an estimated revenue of USD 289.5 million; this regional market is projected to grow significantly over the coming years owing to growing infrastructure development activities, increasing demand from industries such as automotive, military, healthcare, and consumer electronics.
  • Multilayer coating are the simplest forms of multifunctional coating. This segment is expected to grow higher than the single-layer segment during the forecast period, at a CAGR of over 35%. However, research & development related to improving performance characteristics of single-layer coating owing to its lower product cost is likely to have a positive impact on growth.
  • Asia Pacific is projected to witness the highest growth of over 35% during the forecast period, owing to increasing demand from emerging economies such as India and China. Growing infrastructure development in the region coupled with high manufacturing sector growth is expected to propel demand for the product over the forecast period.
  • Key participants in the industry include BASF SE, DuPont, 3M Company, PPG Industries, Dow Chemicals, and Dow Corning, among others. In recent years, mergers & acquisitions have been the major growth strategies adopted by key players for strengthening their positions in the global market.

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the global smart coating market on the basis of product, application, and region:

Product Outlook (Volume, ‘000 Liters; Revenue, USD Million; 2013 – 2024)

  • Single-layer
  • Multilayer

Application Outlook (Volume,‘000 Liters; Revenue, USD Million; 2013 – 2024)

  • Automotive
  • Aerospace
  • Construction
  • Consumer electronics
  • Military
  • Healthcare
  • Others

Regional Outlook (Volume, ‘000 liters; Revenue, USD Million, 2013 – 2024)

  • North America
    • US.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-smart-coating-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com