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Managed services include all those in-house functionality that is transferred to the third-party service providers for better management. In today's fiercely competitive business environment, organisations want to ensure that their staff focuses on the core competencies of their business and non-core activities are handled by third-party service providers. Some of the common managed services include lifecycle management activities, IT resource activities, HR activities, etc.

Growing concerns of security, and threat of life has developed a need for safe and secure environment. The safety concerns has industrialized a biometrics safety system. Keeping safety on the top, biometrics systems are used across several industries such as banking, hospitality, defense, government, healthcare, consumer electronics, home safe and safety, transport, and commercial safety and security. Before introducing the biometrics system in the practice, tradition methods such as personal identification cards, passwords or keys, and magnetic cards were used for verifying the identity of a person, which can be easily theft or stolen. Whereas, biometrics system identifies a person on the basis of individual's face, fingerprints, signature, iris, DNA, and typing rhythms. Therefore, the biometrics system is considered to be the most convenient solution. These unique features such as easy to measure, permanent, easy to use, and secured information system will drive the demand for biometrics system. The global biometrics market was value at US$ 6,357.7 Mn in 2012, and is expected to witness double-digit growth rate by 2019.

Carbon nanotubes (CNT) are nano-sized tubes made up of carbon atoms. Their properties depend on how carbon atoms are aligned to each other in a sheet. It is gaining prominence in various industry verticals primarily due to its varied applications as well as its durability. It is 100X times stronger and 6 X times lighter when compared to steel. Research is underway to explore its market potential in the auto mobile and electronics industries. It is a multi-billion dollar investment in technology when compared to other synthesized nanomaterial.

Anti-freeze coolants are used in automobiles, HVAC systems, and heat exchangers to facilitate heat transfer process in adverse cold weather conditions. Also, they prevent overheating of the vehicle in summer. These are antifreeze agents or chemicals that are added in water in a certain proportion. This mixture is called an anti-freeze coolant. Antifreeze coolants ensure workability and performance of engines and heat exchangers. Chemicals predominantly used as anti-freeze agents include propylene glycol, ethylene glycol, methanol, and glycerol. Adverse cold climatic conditions and automotive demand from relatively colder regions across the world maintain stable volumes of demand across the world. Other applications of antifreeze coolants are found in aerospace, industrial applications, and the electronics industry. Typical application in aerospace includes development of anti-icing and de-icing materials.

New molecules developed by Segetis, in Minnesota based on esters of levulinic acid made from using bio based hydroxyl compounds and corn cobs are known as levulinic ketals. These can be used to produce a series of products such as plasticizers, polyols for polyurethane foams and solvents.

Styrofoam is a trademark name for close cell extruded foam of polystyrene. It is currently one of the best thermal insulators in the global insulation market offered by leading plastic manufacturers such as The Dow Chemical Company. However, the product Styrofoam falls under the category of expanded polystyrene material in the U.S. and Canada. These expanded polystyrene are moderately soluble in a number of organic solvents, propellants, cyanoacrylate and paint solvents. Styrofoams also find applications for crafts and is popularly known as thermacol, trademarked by BASF SE.

Rise in the energy demand and depleting fossil fuels is pushing the market towards non-conventional sources of energy. Energy demand is expected to increase by 70% between 2012 and 2035. The existing conventional sources of energy are depleting at a much faster rate than expected and their depletion is equally proving detrimental to the climate. Although renewable sources of energy will help in addressing all the environmental issues, this technology is still at its nascent stage and needs more investment in R&D to harness its full potential. This has led to the market inclination towards energy storage devices. These storage devices store energy to harness it in future. This balances the demand and supply gap for future purposes.

As demand for energy is increasing worldwide along environmental conservation measures and volatility in energy prices, there is urgent need for development of alternative energy sources and energy conservation. Some of the developments include automatic timers and programmable thermostats which turn off lights when not needed and control their heating and cooling systems to reduce consumption. However, use of alternative sources of technology has been limited due to various reasons such as uncertainty of alternative energy supplies (e.g. water, sunand wind), difficulty in recovering costs and difficulty in integration all the sources and devices into a single conventional electrical control system.

Future Market Insights (FMI), in its latest report titled, "Global Mobile Payment Transaction Market Analysis and Opportunity Assessment, 2014 - 2020". FMI estimates that mobile payment transaction market was valued at US$ 392 Bn in 2014 and is estimated to reach US$ 2,849 Bn by 2020, exhibiting a CAGR of 39.2% during the forecast period.

Need for green composites is driven by depleting natural resources like crude oil (crude oil is a major component of non-bio composites), focus on reducing environmental pollution levels and utilization of agricultural waste. Natural fibres used in bio composites include natural fibres like Jute,wood flour, sugarcane bagasse, oil palm fibre,rice husk etc.