Global Methanol Market To Be Driven By Extensive Use in Gasoline and Acetic Acid

The global methanol market has undergone copious changes in the past few years owing to the launch of new application areas, increase of several innovative manufacturing facilities, and ever-changing regional demand. The global methanol market is foreseen to experience reasonable growth in upcoming years. The market is foretold to reach US$145.6 billion by 2024 from a value of US$ 101.4 billion in 2015, growing at a CAGR of 4.20% between 2015 and 2024.

Methanol is used extensively in the automobile industry. Methanol can be combined with gasoline and used in the internal combustion engines of automobiles and airplanes, with similar efficacy to diesel engines. Previously, methanol was also used as an anti-freezing instrument in the car’s cooling system, but then alternatives like propylene or ethylene glycol have taken its place. Nevertheless, it is still prevalent as a windshield water fuel.

Of all the segments in the global methanol market, the segments of acetic acid and formaldehyde are prophesied to experience a sluggish growth in the upcoming years. Formaldehyde held a foremost share of 29.6% in the market in 2015, and was followed by acetic acid. This fragment is employed in the manufacture of particular domestic products and construction materials. Furthermore, it is also used in manufacturing wooden products such as plywood, fiberboards, and particleboards.

Gasoline and DME have also materialized as top favourable sectors in the market and are jointly set to register a CAGR of 4.80% between 2016 and 2024. Among these, while gasoline is consumed as a fuel for internal combustion engines, DME is employed as an automotive fuel in household appliances and electric power generation.

The automotive and construction industries are growing in the emerging economies of Asia-Pacific such as India, China, and the other Southeast Asian nations. With the accumulative usage of methanol in the manufacture of olefins in some major markets, the market is anticipated to grow further. Therefore, the use of methanol is snowballing in various end-use businesses, and is estimated to grow promptly in the next few years. Asia-Pacific is the most approving market for power, chemicals, and fuels and is foreseen to be the same in the forthcoming years. The constant rise in the manufacture of methanol for energy consumption within the area and for trades drives a massive demand for the same.

The budding demand for bio-fuels and the intensifying guidelines including environment-friendly products, measured emission, has led to invention and advances in the industry, making Asia-Pacific a strong methanol derivative and sub-derivative chemicals nucleus globally. The extreme growth and urbanization along with the industry alliances are estimated to determine a positive future for the methanol industry in the region.

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Global Brandy Market To Grow Owing To Rising Distribution Networks

Brandy has become an increasingly popular drink in the past few years, as a result of its approval as a social drink. The increasing need for quality drinks and the mounting acceptance across the world are projected to inspire the growth of the global brandy market. Additionally, the increasing delivery networks internationally and the budding attention of key companies on publicizing activities and publicity campaigns are foreseen to hasten the growth of the global market. On the other hand, the opposition from other alcohols is one of the major challenges in the global brandy market. The global brandy market is predicted to grow at a CAGR of 1.15% during the period of 2016-2020.

A visible trend in this market is the amplified drinking of brandy in Asian economies. The request for indigenous rum in big markets such as India and China is likely to drop and that for brandy and imported rums is slated to upsurge. Brandy sales, in contrast, have gained traction in India and the Philippines. This is apparent in the sales of loads of cases of foremost brandy brands like McDowell’s in India and Emperador in the Philippines. Emperador Deluxe Spanish Edition is a premium brandy imported from Spain, fashioned explicitly to charm the local taste inclinations.

A major market booster is the climbing demand for first-rate drinks. The escalating consumer penchant for top class premium and the growing disposable income are few of the primaries estimated to fire the growth of this segment in the next few years. The global spirits market is ruled by premium and super-premium brands. The Philippines is the second-largest brandy market worldwide. Apart from indigenous brands, imported premium spirits are prevalent here. In addition, Europe is predictable to trail Asia Pacific and see momentous growth in the next few years.

The global brandy market is tremendously scrappy in nature with a huge number of companies operational in it. The market is anticipated to observe an extraordinary level of rivalry, in which the main players are contending on the basis of cost, new product introductions, and state-of-the-art packaging. The escalating numeral of mergers and acquisitions and calculated collaborations is expected to boost the growth of the global market. Quite a few companies are projected to come into the global market in the next few years and make stronger the competitive landscape.

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Global Luxury Apparels Market To Do Well Owing To Numerous International Brands

The global luxury apparels market is fired by the intensifying number of fashion marques and many designers getting wide-ranging clienteles in the form of cost-effective products. The global luxury apparels market was at US$1, 8842.69 million in 2015 and is forecast to reach US$60,793.7 million by the end of 2024. This segment of luxury goods is anticipated to rise at a massive 13.20% CAGR amid 2016 and 2024.

Women are the primary consumers of the market. Owing to the female fetish for fashion, female buyers are predicted to be the primary shoppers in the luxury apparel market. The international luxury apparels market is well-rounded with fabrics like silk, cotton, denim, leather, and others. Of these, cotton was the market leader in 2015 with a share of 35.87%. The prospect for cotton is increasing due to the expediency provided by the fabric in muggy and warm weather in Asia Pacific, the Middle East and Africa. Owing to the breathable nature, high porosity, and cosiness of this fiber, cotton has become a staple in the fashion and clothing industry. Another material that deserves a worth mentioning in the market for luxury apparels is leather. There is a budding demand for this material thanks to its qualities of adjusting to a number of designs, displaying high fashion, and durability. Being expensive has also made it appropriate for the luxury brands. Silk is also slated to gain prominence in the forthcoming years because its grace, suppleness, and smoothness.

Getting mass appeal from a wider consumer base through ecommerce, retailing outlets, and presence in emerging economies are likely to bring the luxury apparel market more revenue. International fashion brands such as Gucci, Versace, Prada, Kiton, have been busy educating the emerging economies about their products. The acceptance of mass production systems has also permitted efficient bonding between a maker and market delivery, thereby boosting the market. In the past luxury was restricted limited garment production, but mass production and strategic partnerships to outsource production has benefited the luxury apparel market. The global luxury apparel market does not come without trials and tasks. The key challenge is the high money outlay to create high-fashion in addition to the expenses involved in erecting a brand and holding keeping up with the name.

Europe is the leader in the global luxury apparel market owing to the snowballing increase of abundant luxury houses and brands in this region. Alternatively, Asia Pacific is foretold to undergo a high growth in the luxury apparels market in next few years. This can be attributed to the augmentation in the living standards of people, the growing disposable incomes and their demand for branded apparels, and the supremacy of various international brands within Asia Pacific.

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Global Health and Wellness Market Boosted By Organic Products and Wearables

Healthcare has constantly been a profitable area where buyers spend belligerently. But now, with increasing disposable earnings amid the city population and ground-breaking approaches and innovative products being developed, the overall health and wellness market is estimated for a healthy prospect.

The health and wellness market is presently very dynamic owing to growing alertness amongst the buyers for healthy and natural products. Edgy lifestyle of the metropolitan population in both developed and emerging markets is stripping the present-day generation of recuperation time and, consequently, the international market for healthy food and wellness is becoming widely popular. Smartphones have currently turned out to be omnipresent products which have steered to the massive permeation of social media and hence the movement for healthy eating and healthy living is incipient. This health and wellness market comprises organic food products, supplementary diets, healthcare devices such as wearables, exercise gears, and practical beverages in addition to wellness programs such as fitness sessions, disease avoidance, smoking termination, alcohol and substance abuse, weight control, nutrition education, and mental health program amid various others.

The global health and wellness market is slated to grow securely at a reasonable CAGR of almost 6% during in the coming years. The growing cost of healthcare amenities and services is one of the major aspects boosting the growth of this market universally. The escalating prices for medical amenities, use of new technology in cure without examining its efficiency, compensation for volume over value, defensive medicine, and an austere lack of information and lucidity on the expenses and quality are few of the crucial ins and outs inciting the growth forecasts of this market in the forthcoming years. With the upsurge in healthcare expenditures, individuals have started concentrating on precautionary healthcare methods to evade costly treatment and medicines if the requisite arises because of health negligence. For instance, the requirement for vitamin supplements has amplified as they aid in thwarting beriberi, scurvy, night blindness, dementia, pellagra, poor immunity, and acne amongst others.

Features like the increasing demand for single-serve functional drinks are to propel the development of this market in the next few years. Single-serve dairy foods have translated into a noticeable part of consumer ease. An overview of single-serve drinks is generating incredible prospects for beverage makers to upsurge their market existence. Furthermore, ready-to-drink (RTD) pick-me-ups can be effortlessly frozen together with water, juices, sodas, and other drinks. Additionally, an amplified buyer demand for healthy and to-go consumption is anticipated to shoot this market’s growth projections by the end of 2020.

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Increasing New Outlets And Striking Offers To Drive Global Pizza Market

The global pizza market is predicted to grow at a steady CAGR of about 3% by 2020. Pizza has been gaining massive acceptance globally in the last few years. Consequently, the global pizza market is anticipated to observer considerable progress in the coming years. The growing number of pizzerias is one of the major elements appraised to boost the demand for pizza in the universal market. Furthermore, the huge monies expended on promotional activities and publicity drives is likely to hasten the development of the overall market. Besides, important players in the market are taking pains to familiarize ground-breaking products and recipes so as to preserve their footing in the global pizza market.

Consumers are picking pizzas that have bold flavors and new ingredients. The obligation for inventive and interesting flavored pizza is pretty noticeable amongst the millennials. They are on the lookout for choices to tailor their pizza as per their calorie consumption per day. Numerous pizza makers like Pizza Hut offer diet calculator which provides consumers with the choice to craft their own pizza by picking the crust type, size of the crust, sauce, and toppings in line with their desires. The diet calculator then shows the total calorie ingestion for the consumers. Delivering the precise flavor to customers aids the pizza dealers in heightening the probabilities of customer footfalls.

Lately, groups like People for the Ethical Treatment of Animals (PETA) have been collaborating with chain restaurants globally to magnify the dairy-free and meat-free choices in their carte du jour. 37 chains in the US and Canada in 2015 offered vegan pizzas. Like the US’ Mellow Mushroom which is one of the largest vegan-friendly pizza outlets. With about 150 outlets that provide vegan pizzas made with vegan daiya cheese, tempeh, tofu, and a wide variety of fresh vegetables, they are working up the ladder in the global pizza market. In the same way, America’s Incredible Pizza Company has also worked with PETA to include vegan daiya cheese to its menu.

The global pizza market is run by chain operators and independent operators. The chain operators section has been driving the global pizza market and is anticipated to stay in the peak position in the forthcoming years. The healthy growth of this fragment can be accredited to the active marketing undertakings and striking offers by the pizzerias in the global pizza market. Moreover, the growing dispersion of these brands is projected to add comprehensively to the progress of the overall market.

The global pizza market is extremely competitive and uneven in nature with a existence of quite a few regional and international companies. The developing attractiveness and demand for pizza globally is inspiring numerous players to come into the market and achieve a competitive gain in the coming few years. Leading players in the market are highlighting on inventions and offers with the intention of enticing a huge number of buyers globally. This growing demand is projected to boost involvement of new players in the global pizza market.

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Healthy Diet Demand In Developed Economies To Boost Nutraceuticals

As customers scuffle to keep up with the frantic lifestyles, the necessity for healthy nutrition rises owing to dearth of time to spend on laborious exercises.  Customers are shifting their attention to swift and healthy food behaviours. Increase in intake of beverages and functional food has offered makers of nutraceuticals with money-spinning prospects to benefit from. Customers in developed economies are exploring healthy lifestyle possibilities to restraint the incidence of chronic diseases arisen due to unhealthy regime. These elements overall are expected to swell the demand for neutraceuticals universally in the coming few years.

The global nutraceuticals market is likely to multiply at a 7.3% CAGR between 2015 and 2021with a market value US$165.62 billion in the year 2014. The global nutraceuticals market is estimated to be valued at US$278.96 billion by 2021. Asia Pacific is anticipated to surface as the significant region in terms of ingestion due to the increase in disposable income of buyers in the region.

Due to the escalating cases of non-communicable chronic diseases, the demand for nutraceuticals is projected to rise considerably in the developing nations. As a result of the augmented number of disease through emergent economies, the healthcare expenditures in these nations have also enhanced. The high occurrence of chronic diseases such as cancer, lung disorders, diabetes, and cardiovascular illnesses in nations like China, Japan, and India, is expected to amplify the trade of nutraceuticals in these regions because of the upswing in healthcare disbursement.

The mounting demand to embrace nutraceuticals in animal food is likewise foreseen to thrust the development of the global nutraceuticals market. As buyers have turned out to be extra conscious about side effects of pharmaceuticals and cosmetic products, the call for natural beauty products has augmented considerably contributing to a rise in the sales of nutraceuticals. Contradictory to pharmaceuticals, nutraceuticals provide health aids as they are natural alternatives and are also obtainable easily minus the prescription.

Even though nutraceuticals have perceived a considerable progress over the last few years, their high expense is upsetting its consumption in emergent markets. As pharmaceuticals are usually less costly than nutraceuticals, a noteworthy population in emerging countries still prefer the intake of pharmaceuticals over nutraceuticals. Furthermore, the dearth of appropriate information about nutraceuticals is an additional factor constraining its market growth. Nevertheless, the usage of nutraceuticals in new applications is expected to offer makers with rewarding growth prospects.

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World Economic Forum Unveils Top 10 Emerging Technologies of 2016

The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies of 2016. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or environmental jeopardies and apprehensions that the technologies may arise prior to extensive acceptance.

The list consists of certain technologies that have been known for quite some time, but are only now attaining meaningful maturity.

The top 10 technologies ruling 2016 are:

1. Nanosensors and the Internet of Nanothings

With the Internet of Things (IoT) estimated to involve 30 billion connected devices by 2020, the utmost thrilling zones of attention currently is nowadays on nanosensors. These are adept in mingling in the human body or being used in construction resources. When linked, this Internet of Nanothings are predicted to have a massive influence on the future of architecture, medicine, agriculture and drug manufacture.

2. Next Generation Batteries

One of the ultimate hindrances faced by renewable energy is coordinating supply with demand. However, latest progresses in energy storing packed with aluminium, sodium, and zinc based batteries makes mini-grids viable which are capable of providing clean, consistent, 24×7 energy sources to the whole villages.

3. The Blockchain

Bitcoin, the online currency, has granted many advantages owing to its distributed electronic ledger. With linked project investment surpassing $1 billion in 2015 only, the economic and social effect of blockchain’s prospective to essentially modify the method of markets and governments is a growing trend.

4. 2D Materials

There are many single-atom layer materials apart from graphene. Sinking manufacture expenses it can be deduced that these kinds of 2D materials are incipient in an array of applications, from new generations of wearables and batteries to air and water filters.

5. Autonomous Vehicles

Self-driving cars are the next big thing. With probability for reducing pollution, saving lives, enhancing economies, and refining quality of life for all fragments of the society – has directed prompt disposition towards this technology.

6. Organs-on-chips

Miniature models of human organs allow researchers to observe biological mechanism behaviours more accurately. Though in infancy, this is all set to revolutionize medical research and drug discovery.

7. Perovskite Solar Cells

With easy manufacture, easy access, and, efficient power generation, the perovskite solar cells have clearly advantages over the traditional silicon solar cell.

8. Open AI Ecosystem

According to WEF, smart digital assistants like Siri and Cortana are vouched to be indispensable in our lives. Owing to social awareness algorithms, natural language processing, and augmented data stores, these digital bots are getting even niftier.

9. Optogenetics

Recent developments in optogenetics – the use of light and colour to record the activity of neurons in the brain – promises innovative breakthrough in the treatment of people with brain disorders.

10. Systems Metabolic Engineering

According to WEF, scientists are starting to unravel the building blocks of biology in ways that allow them to refabricate nature and substitute fossil fuels with renewable chemicals derived from plants.

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Siemens Adds To the Growth of Wind Power Generation Market

Siemens has been presenting ground-breaking strategies and pioneering solutions for energy generation for an intelligent power supply globally. With an expansive portfolio and wide-ranging proficiency in wind power generation, Siemens is likely to aid in increasing the share of wind power in the US energy mix. With New Mexico’s vicinity to significant wind energy areas, the state is on the way to grow into an important player for the wind industry.

A recent development to Siemens’ direct drive wind turbine technology for offshore and onshore wind turbines adds another milestone to the conglomerate’s intelligent power supply ideas. SWT-8.0-154, the newest addition to the offshore direct drive platform, exemplifies a noteworthy step in the direction of grid parity for offshore wind. The 8-MW turbine is constructed on the present offshore direct drive platform, integrating just minor developments.

The first SWT-8.0-154 is likely to be installed in early 2017. As compared to the 7-MW model, SWT-8.0-154 will permit for up to 10% higher annual energy production (AEP) in offshore wind conditions. Yet again, the offshore direct drive platform permits a substantial reduction in the Levelized Cost of Energy (LCoE) at minimum risk. The 8-MW turbine is expecting type certification by the beginning of 2018. Simultaneously, Siemens’ high performance wind turbine for medium to low onshore wind sites has reached a breakthrough with the SWT-3.3-130 positively obtaining type certification from DNV GL.

Not only this, Siemens has contracted with Pattern Energy Group LP to supply, install and service 141 wind turbines for the Broadview Wind venture. Broadview Wind syndicates two end-to-end ventures in New Mexico and Texas with an overall installed capacity of 324 MW. Equally, these onshore wind power plants are slated to provide clean energy to nearly 180,000 average US homes. Siemens’ setting up of its 2.3 MW onshore wind turbines is expected to start operations towards the end of 2016. An abiding service and upkeep pact was also signed for the turbines. This comprises of Siemens’ remote monitoring and diagnostic services which provide a hands-on method to service and maintenance to help boost the stability of the turbines throughout.

Siemens’ SWT-2.3-108 wind turbine has a hub height of 80 meters and a rotor diameter of 108 meters.  The blades for this project will be manufactured at the Siemens blade facility in Fort Madison, Iowa. The hubs and nacelles will be amassed at the Siemens facility in Hutchinson, Kansas. A mounted power boost alternative offers further electrical production under high wind circumstances. The New Mexico section of the Broadview will feature 105 turbines for a total of 241 MW and the Texas section will have 36 turbines for a total of 83 MW. Both sites have the advantage of constant winds owing to the streams of the North American wind belt.

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Global Public Safety LTE Ecosystem Overview

In view of its flourishing ecosystem, spectrum flexibility and performance metrics, LTE has emerged as the leading candidate for public safety mobile broadband networks. Public safety organizations and establishments have already begun planning to advance their networks to LTE-based public safety solutions. LTE provisions a varied range of services, from high bandwidth data services to actual communication services – all in a common IP based network. Mission critical communication sets stringent requirements which are not essentially maintained by the regular commercial mobile networks. These solutions are different by design and their proven, dependable performance in day-to-day operations, numerous storms, earthquakes and major public safety occurrences highlights why exclusive mission critical technologies matter.

American communications company, Harris Corporation has unveiled the LMC-1000, a sturdy, multiband LTE handheld device that is designed for public safety, with features like a HD touch screen that allows functions to be accessed, even with gloved hands. The LMC-1000 includes a devoted push-to-talk button that can be designed to work with LTE push-to-talk applications, such as Harris BeOn. With the latest sanction of a mission-critical push-to-talk (MCPTT) standard for LTE, Harris is on the way to develop a new version of the application to come across the new 3GPP standard.

Ohio’s FirstNet program has come up with a first-person video game that showcases the prospective of the First Responders Network Authority’s LTE network-to-be. It also highlights the value that augmented access to data and connectivity can have for situational cognizance. The game allows players to navigate a fire-fighter drill setting – firstly, under traditional conditions with skills a fire-fighter would be expected to have today. Secondly,it incorporates the information that can be facilitated by a mobile broadband network and applications like real-time mapping and instructions, integrated blueprints,  and thermal imaging to inform their actions.

In consideration of the mission critical applications in public safety, transit and field services, Canadian wireless communication company Sierra Wireless has recently publicised the readiness of its AirLink MP70 LTE-Advanced (LTE-A) vehicle router. It is aimed to serve as a tailor-made, agile vehicle networking solution that aids numerous high-bandwidth applications to work concurrently, more than ten times faster and four times further from the previous vehicle. The company aims at providing IT departments with the capacity to manage fleet and mobile assets in the cloud or an enterprise data center.

It is estimated that the global market for LTE public safety networks will exceed 2 billion Euros by 2020. This estimate accounts for network infrastructure and related services such as network planning, application and optimization. The main markets driving this growth are the US and the UK. FirstNet is anticipated to start main deployment by the end of 2016 in the US. In UK, the UK Home Office has started a program with an objective to create a new Emergency Service Network (ESN) that will provide mobile services for the emergency services – police, fire and ambulance. This is a significant development for the LTE industry as governments start pitching in for next generation public safety networks.

The public safety LTE market research reports available with RnRMarketResearch.com present an in-depth analysis of the global public safety LTE market by covering the business case, challenges, technology, spectrum allocation, industry roadmap, value chain, deployment case studies, vendor products, strategies, standardization initiatives and applications ecosystem. In addition, the reports consist of revenue forecasts for public safety LTE infrastructure, devices, integration services and management solutions. Read more at:

  1.    The Public Safety LTE & Mobile Broadband Market: 2016 – 2030 – Opportunities, Challenges, Strategies & Forecasts  and
  2.   Global Public Safety LTE Devices Industry 2016 Market Research Report

RnR Market Research: Biochips Market Insights

Growing R&D investment and subcontracting of pharmaceutical companies would lead to growth in biochips market in Asia along with an increase in the application of biochips products is estimated to improve opportunity for the global biochip market. Conversely, the high cost involved in manufacturing of biochips can be seen as a challenge for the same. Some of the inclinations for global biochips market are biochips technology outsourcing, which would help in plummeting labor cost and capital prerequisite.

Developing the biochips market in diagnostics is also starting to gain grounds. Key developments in biochips should influence markets going from drug development to diagnostics. These contain the growth in the use of LOAC formats in point-of-care applications, next-generation sequencing-based diagnostics applications, migration toward more integrated on-chip systems and organ-on-a-chip systems.

The global biochip market (products and services) is expected to grow with high compound annual growth rate (CAGR) in the near future, owing to its swelling uses in drug discovery, genomics and proteomics. The global market for biochip products is expected to grow from $4.7 billion in 2015 to $18.4 billion in 2020, reflecting a five-year (CAGR) of 31.6%. As a segment, clinical industry should grow from $2.3 billion in 2015 to $14.7 billion in 2020, demonstrating a five-year CAGR of 44.5%. Drug discovery and development industry as a segment should increase from approximately $1.3 billion in 2015 to $2.1 billion in 2020, because of a five-year CAGR of 11.2%. Additionally, growth of personalized medicines for treatment of cancer would also maintain the growth of biochips market and its products.

The biochip products and services market is categorized on the basis of product type, application type, and geographically. By product type, the biochips market is fragmented based on a biological material attached to the surface of chip – namely DNA biochips, tissue biochips, protein biochips, carbohydrate biochips and lab-on-a-chip. DNA biochip is the leading sub-segment in the biochip product and services category due to its wide application in biotechnology and drug discovery. This is closely followed by lab-on-chips and protein biochips market, as a result of the advancements in proteomics and genomics. Another factor propelling the growth of protein biochips market is the improvements in the field of recombinant proteins.

By application type, the biochip products and services market is categorized into different sub-categories such as clinical diagnosis and treatment, genomics and toxicogenomics, proteomics, gene sequencing and gene expression, drug discovery and others. Clinical diagnosis and treatment is the leading sub-segment in this genre owing to the personalized medicines approved by the FDA for the treatment of cancer. The other helpful aspects for biochips market growth comprise of government funding and technical innovations.

The market for biochip products and services is led by North America due to technical advances and enormous group of ageing population. Asia-Pacific is evolving as the fastest growing biochips market for products and services owing to government initiatives, easy access to latest technologies, and cost benefit. Considering the infrastructure and resource availability, India, China and Singapore are the most favoured locations to set up manufacturing facilities for the biochip product manufacturers.

The biochips market research report collection available with RnRMarketResearch.com explores the market dynamics, which includes acute drivers for growth and opportunities for biochip market globally. In-depth analysis of leading organizations would be helpful to strategist and professionals to scale the competitive intelligence. To know more, explore following reports published in 2016:

1.       Biochips Market by Type (DNA Chip (Genomics, Drug Discovery, Gene Expression) Lab-on-a-chip (IVD & POC, Proteomics), Protein Chips), End user (Academics Institutes, Diagnostics Centers), Fabrication Technology (Microarrays, Microfluidics) – Forecast to 2020

2.       Global Biochips Market 2016-2020

3.       Global and Chinese Biochips Industry, 2016 Market Research Report