P&S Intelligence

Artificial Lift Market to Cross $10.8 Billion by 2023

LogoArtificial lift is a method which is used on oil wells to increase the pressure within the reservoir, to encourage the oil to the surface. It is employed to recover more production, where the natural drive energy of the reservoir is not strong enough to push the oil to the surface. According to a research report published by P&S Intelligence, the artificial lift market was valued at $8,010.8 million in 2017 and is projected to reach $10,883.1 million by 2023, witnessing a CAGR of 5.3% during the forecast period. The market growth is mainly driven by the increasing demand for artificial lifts from gas and oil fields and the growing exploration and production (E&P) activities to meet the energy demand.

Solar Panel Recycling Market to Grow at a Soaring Rate During the Forecast Period

LogoSolar panels are the systems that provide solar energy-based electricity for different residential and commercial applications. The average life expectancy of solar panels is 30 years. The key raw materials required to manufacture solar panels include raw polysilicon, silicon wafers, ingots and bricks, solar backsheets, junction boxes, PV cells, silver paste, aluminum paste, and solar material solutions. Silicon is obtained from quartz in the solid form and melted at a very high temperature to form ingots. These ingots are then sliced into thin disks, known as wafers, which are then treated, with the addition of metal conductors. Finally, solar cells are put together and a glass is added on the front side to form a panel or module.

Adhesive Tape Market to Reach $74.9 Billion by 2023; North America Held 29.5% of the Global Market in 2017: P&S Intelligence

LogoThe historical backdrop of stickiness didn't really begin with tape. It's really credited to the honey bees. Or on the other hand rather, carpenters in old Egypt who utilized glue produced from natural, thick substances like resin and beeswax to hold materials together. In present day times before tape, epoxies and glue did the greater part of the sticky work. But, they had genuine downsides, particularly in household use. Permanence, drying to a hard finish and messiness all made customary glues not so perfect. However, it wasn't until the point when in 1925 that adhesive tape was designed. Adhesive tape can be defined as a continuous flexible strip made of paper, metal foil, cloth, or plastic film coated with a thin layer of permanent glutinous adhesive on one or both sides.

Growing Demand of Hexamine from End-Use Industries Is Driving the Hexamine Market Growth

LogoAccording to the research report published by P&S Intelligence, the hexamine market is projected to witness a slow growth during the forecast period. The market for hexamine is expected to cross $394.0 million by 2023. The growth of the hexamine market is mainly due to the Growing demand of the chemical from end use industries and its increasing use in the plastic industry.

Germany the Largest Fire Extinguishers Market in Europe

LogoThe fire extinguishers market has been growing at a steady pace and is expected to maintain that pace till 2023. Fire extinguisher is a firefighting device that is used to control small fires, mostly in emergency situations. The market for fire extinguishers is anticipated to grow on account of rapid industrialization, increasing construction activities for commercial purposes, and implementation of stringent fire safety norms for promoting public safety.

Plastisol Market to Grow at a Swift Rate Between 2018-2023

LogoThe global plastisol market size is projected to reach $40.4 billion by 2023, growing at a CAGR of 7.5% during 2018-2023. The market growth is mainly driven by growing demand of plastic inks for coating and textile-printing applications. Plastisol are a blend of polyvinyl chloride (PVC) materials and plasticizers. They are mainly used as inks for printing fabrics and home furnishes (cushion and furniture cover).

Increase in Poultry Consumption Is Driving the Methionine Market Growth

LogoThe global methionine market size has been witnessing a brisk growth since the past few years. The market is growing due to the increase in demand for bird meat leads to increase in demand for poultry, which prompts farmers to use the amino acid into animal diet to increase their farm productivity.

Increasing Application of Silane in the Paint and Coating Industry Is Bolstering the Global Silane Market Growth

LogoSilane is an inorganic compound with four substituent groups that are attached to the central silicon atom. In the field of chemistry, silane is denoted by the formula SiH4. According to a new research report by P&S Intelligence, the global silane market size is projected to grow at steady rate during the forecast period. The market is anticipated to grow on account of the increasing demand for the chemical from end users such as the automotive and construction industries.

North America to Hold for 40% of the Overall Global Big Data Analytics in Healthcare Market

LogoBig data analytics in healthcare refers to the use of analytical services such as descriptive and predictive analytics to gain useful and qualitative insights from patient's health-related data. This helps in providing patient centric personalized medicine, early detection of diseases, decrease in patient's healthcare cost, improved fraud detection mechanism. The global big data analytics in healthcare market is projected to grow at a healthy pace for the next few years. According to P&S Intelligence's report, the global big data analytics in healthcare market size is projected to reach $22.7 billion by 2023. The global big data analytics in healthcare market is also gaining interest due to the introduction of personalized healthcare systems and demand for high quality healthcare services.

Increasing Investments by Tech Corporations and Venture Capitalists Is a Major Trend in the Augmented Reality and Virtual Reality Market

LogoAugmented reality (AR) refers to an interactive user experience with the real world in which the user's view of the physical environment is augmented with the help of computer-generated images. AR solutions superimpose virtual images on the user's view of the real world to lend an immersive aspect to the user experience. Virtual reality (VR), on the other hand, is a computer-generated simulation of the environment for a more immersive user experience. VR solutions allow the user to experience a virtual world with his or her senses and perception systems. The global AR and VR market size witnessed a massive growth since the last few years and it is projected that the market will grow at a very high rate during the forecast period. Soaring smartphone penetration, and advancement in internet connectivity and computing are the major factors driving the growth of the market.