Turmeric Market Forecast Research Reports Offers Key Insights

Turmeric is one of the spice which is derived from turmeric plant and also known as curcumin. Taste of turmeric is peppery, warm and bitter and it is one of the key ingredient which is used in culinary dishes. Demand of turmeric is very high at global market due to its uses in different purposes such as food, medicine, cosmetic, coloring and also for dyeing purpose. It has high nutritive value due to which it increases the nutritional component of food and also beneficial for health because of its ingredient curcumin. Globally the demand of turmeric in food industry is also increased because of its unique flavor, required to enhance the color and taste of dishes.

Market Dynamics of Turmeric Market:

One of the key driver in turmeric market which is influencing its demand at global level is because it can be used for differential purposes whether it is for ingredient, color and pharmaceutical and for many other purposes. On the other side, though the turmeric has higher demand in food industry as per the current trend, turmeric market also gaining its demand from the side of medicinal and cosmetic sector. Nowadays customers mainly prefer those products which has natural ingredient. For medicinal purpose, it is used as an inflammatory agent to combat with various health diseases and while cosmetic companies are using turmeric has herbal product in their products.

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Market Segmentation of Turmeric Market:

Turmeric market is segmented on the basis of its form and application. In terms of form, turmeric is categorized into three different forms which are dried, powder and liquid form. As per application, it is segmented as food and beverages, medicinal and cosmetics. Market segment of turmeric in perspective to food and beverage type, it is segmented as per its usage in culinary dishes, bakery products, dairy products and beverages. Further in context to health care segment, turmeric has application to combat with health issues related to digestion, liver, cancer, cholesterol, osteoarthritis and many other health disorders. Another application of turmeric is in cosmetic industry where it is used as an herbal product in skin and body care products. Further the market of food type can be segmented in terms of using the turmeric for different purposes such as an ingredient, taste enhancer and coloring purpose and in terms of beverage it is used in tea, juices and canned beverages.

From the above market segment in terms of application insight, the figures of graph will propel higher value towards the market of food and medicinal purpose. Reason being behind the higher market share is due to increase in food consumption level among consumers due to availability of varieties of dishes. On the other side, in context to medicine purpose it will gain its demand due to presence of curcumin which has inflammatory agent to fight with various types of health diseases. In addition to this, many pharmaceutical companies are focusing their attention towards turmeric as how it can be used as one of the effective remedial product in health care sector. Moreover on concerning the nutritional components of turmeric, it is very rich in terms of protein, carbohydrates, fiber and in many other vitamins and minerals. Owing to this, it justifies that its demand will also increase among health conscious consumers who always preferred to eat healthy food and seeks for product which has naturally rich in terms of ingredients.

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Regional Segment of Turmeric Market:

As per the regional segment, turmeric market is categorize into seven different regions includes North America, Latin America, Eastern Europe, Western Europe, and Asia-Pacific region, Japan, Middle East and Africa. Asia-Pacific region is one of the largest turmeric producer in world and majority of the production is from India and China. On the other side American and European region are the two major importers of turmeric.

Key Market Players in Turmeric Market:

Key market players in turmeric market are mainly belongs from Asia-Pacific region and some of the global market players of this industry are Taj Agro Products, Nani Agro Foods, Earth Expo Company, Curcuminea, Sino-Nature, Shah Ratanshi Khimji and Co., Everest Spices, MDH Spices, Natural-Spices and ITC Spices.

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New Research Report on Sports Protective Equipment Market, 2016-2026

Global demand for sports protective equipment is picking up steadily, after a hiatus and recovery period after the global financial crisis. Increasing emphasis on maintaining health and well-being will continue to influence the market positively during the forecast period; however, growth will be offset by declining profit margins at brick-and-mortar stores.

Popularity of e-commerce websites and apps among millennial is anticipated to open up new growth avenues for manufacturers, as ease of buying, convenience, and discounts continue to play a major role in influencing buying decisions. The online retail market is growing at a robust pace, with many brick-and-mortar stores tying up with e-commerce sites to offer their products exclusively. Sales through e-commerce sites are expected to offset the sluggish growth through retail stores during the forecast period.

Sports Protective Equipment Market Segmentation

The global sports protective equipment can be segmented on the basis of product type into cycling protective equipment, ball sports protective equipment, and extreme sports equipment market. It has been noticed that rising popularity of sporting events has a direct impact on the sales of these equipment. Key events, such as UCI Track Cycling World Championships and FIFA World Cup create a frenzy among youngsters, and demand peaks during these marquee events.

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On the basis of distribution channel, the global sports equipment market is segmented into department and discount stores, sports shop and specialty stores, online stores and others.

Product enhancement through R&D activities is expected to have a major impact on the global sports protective equipment market during the forecast period. In addition to this, rising participation at local level sport activities in colleges, schools, and universities is leading to sustained demand for sports equipment from these end-use industries. In addition to this, rising prominence of national level events is projected to drive the global sports protective equipment market during the forecast period. Besides this, the prominence of online store in order to purchase sports protective equipment is expected to intensify the growth of sports protective equipment market worldwide. This has supported the global sports protective equipment market to extend to a wide consumer base, which is expected to add up for the growth and development of sports protective equipment market worldwide.

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Geographically, the global Sports Protective Equipment industry can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.  North America was the largest market for sports protective equipment in 2015, and is expected to maintain its numero uno position during the forecast period. Europe and Asia Pacific excluding Japan (APEJ) are the second and third largest markets for sports protective equipment globally. Higher disposable income and robust economic growth in India, China and Japan is expected to fuel the market growth of Asia pacific region during 2016-2026.

Sports Protective Equipment Market Key Players:

Some of the leading players identified across the value chain of the global sports protective equipment market include Adidas, Amer Sports, Nike, BRG sports, Under Armour, PUMA SE, Fortune Brands Inc, Dunlop Sports Group Americas Inc., Daiwa Seiko Corp., and Jaren Corporation. Mergers and acquisitions and new product development is likely to be major strategies that manufacturers are expected to adopt in a bid to boost their positioning in the market.

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Urinary Tract Infection Treatment Market Will hit at a CAGR of 2.1% from 2016 to 2026

Over 60% physicians are likely to prescribe penicillin and combinations to treat urinary tract infections (UTIs), whereas a vast majority prescribe quinolones in their daily practice to treat complicated cases. A significant percentage of physicians also agreed that they prescribed nitro furans to treat uncomplicated urinary tract infections in female patients. FMI’s survey also found that cephalosporin is the second-most common drug in the treatment of recurrent and complicated urinary tract infections.

Prevalence of urinary tract infections is higher in females as compared to males, with biologic and behavioral factors accounting for the major causes. Development of this ailment due to genetic causes or urogenital surgery and Estrogen deficiency was minimal.

FMI’s survey also found that prevalence of uncomplicated URI was significantly higher than complicated-, recurring complicated UTIs. However, prevalence of complicated UTI is expected to increase in the future, owing to increase in drug-resistant bacteria and excessive use of antibiotics.

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The global urinary tract infection treatment market is expected to reach US$ 9.42 Bn in revenues. Complex regulatory requirements and low investment in research and development are some of the key factors for sluggish growth of the market. Clinical trials for designing antibacterial drugs are quite complex, owing to which a number of major companies have decreased their R&D spending on the development of new drugs. Moreover, UTI are not chronic like blood pressure or heart diseases and patients are symptom-free usually within 1-2 weeks of treatment, resulting into limited sales of the drugs. In addition to these factors, economic and regulatory hurdles are also restraining the growth of the urinary tract infection treatment market.

By drug type, quinolones account for the highest revenue share of the global urinary tract infection treatment market. This segment is expected to account for nearly 37.2% share of the global urinary tract infection treatment market revenues in 2016. This represents a market value of nearly US$ 3.5 Bn, up from US$ 3.43 Bn in 2015. Among quinolones, levofloxacin is the most sought-after drug type, representing nearly US$ 1.59 Bn in revenues in 2015. Penicillin and combinations is the second largest drug type, and is expected to total US$ 1.87 Bn in revenues.

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Retail pharmacies will continue to remain the largest segment in terms of distribution channel in 2016. This segment accounts for nearly 56.8% revenue share, representing a market value of US$ 5.35 Bn. Gynecology and urology clinics collectively is the second largest segment by distribution channel.

By disease indication, uncomplicated UTI will continue to dominate global revenues. This segment currently accounts for a revenue share of 52.7%, representing a market value of US$ 4.96 Bn in 2016. Neurogenic bladder infections, the second-largest segment by disease indication, is expected to increase by 2.30% in 2016.

Asia Pacific excluding Japan (APEJ) will continue to be the leading market for urinary tract infections, with total revenues expected to reach US$ 3.46 Bn in 2016. Western Europe and North America will remain the second and third largest markets respectively.

Key players operating in the urinary tract infection treatment market include Johnson & Johnson, Boehringer Ingelheim, Cipla Ltd., Bayer AG, GSK, Roche Ltd., Pfizer Inc., Novartis AG, and AstraZeneca plc. The key strategy of a majority of these key players is to expand in emerging markets and achieving inorganic growth through mergers and acquisitions.

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Long-term Outlook: The global urinary tract infection treatment market is anticipated to increase at a CAGR of 2.1% during the forecast period 2016-2026 and reach US$ 11.58 Bn in revenues.

Orthopaedic Oncology Market Growth and Forecast 2015-2025

Orthopedic oncology accounts for a small proportion in orthopedics. Orthopedic oncology is a condition that arises due to the formation of benign and malignant tumors in bones and connective soft tissues. It also includes the diagnosis and treatment of patients with metastatic carcinomato the skeleton. Bone and soft tissue tumors are quite rare and sometimes require reconstructive surgery. Soft tissue sarcomas are more common than bone sarcomas. For 2016, the American Cancer Society estimates about 3,300 new cases for cancer of the bones and joints and 12,310 new cases for soft tissue sarcomas. There are three main types of bone cancers, osteosarcoma, which arises most often in the growing ends of long bones, chondrosarcoma, which develops in the metaphysis and Ewing’s sarcoma.  Malignant bone tumors also referred to as chondrosarcoma are more prevalent in adults than other form of cancers and remains a challenging tumor to diagnose and treat. Treatment with chemotherapy and radiotherapy do not remain the preferred choice of treatment in treating such type of tumor as clinical studies demonstrate no substantial improvements in the survival rate of the patients. Therefore, adequate surgical resection is the mainstay of treatment in case of chondrosarcoma. As estimated by the American Cancer Society, chondrosarcomas is more prevalent with 40% of cases developing in adults whereas less than 5% of cases occur in patients younger than 20.

Radiofrequency ablation has become the standard and most preferred choice of treatment in case of osteoid osteoma, a benign bone tumor that arises from osteoblasts. However studies demonstrates its expanded application in palliative treatment of patients with painful bone metastasis .The ability to perform less invasive procedures often allows more efficient, less painful, and more cost-effective patient care. In addition, minimally invasive techniques such as kyphoplasty, vertebroplasty, and acetabuloplasty may provide an alternative to major reconstructive surgery for patients with metastatic disease.

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Global Orthopaedic Oncology Market: Drivers & Restraints

Factors driving the global orthopedic oncology market includes rapidly ageing population with increasing risk of developing cancer. Patients who had prior high-dose external radiation therapy or treatment with anti-cancer drugs are at higher risk of developing osteosarcoma. However, a small number of bone cancers also develop due to heredity defects of bones and people with metal implants, which doctors sometimes use to repair fractures, are more likely to develop osteosarcoma. In case of soft tissue sarcoma adults with heredity disorders such as retinoblastoma, tuberous sclerosis, werner syndrome etc are at higher side of developing this type of cancer.

High cost associated with the treatment for musculoskeletal oncology diseases and lack of awareness regarding the effective treatment therapies are some of the factors which restraint the market growth in the near future

Global Orthopaedic Oncology Market: Segmentation

Orthopedic Oncology market is segmented by treatment, by end user and geography:

By Treatment

  • Surgery
  • Amputation
  • Limb Salvage Surgery
  • Reconstructive Surgery
  • Chemotherapy
  • Radiation Therapy
  • Targeted Therapy

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By End User

  • Multispecialty Hospitals
  • Cancer Research Institutes

Global Orthopaedic Oncology Market: Overview

Rising prevalence of musculoskeletal disorders are expected to drive the demand for effective treatment therapies for treatment of various cancers associated with bones and soft tissues. The orthopaedic oncology market is expected to grow at a healthy pace attributed to rising prevalence of cancer over the forecasted period.

Global Orthopaedic Oncology Market: Region-wise Outlook

On the basis of region presence, thrombophilia treatment market is segmented into seven key regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia pacific excluding japan, Japan, Middle East and Africa. Global market for Orthopediac oncology is expected to be on a higher side in North America and Europe owing to increasing prevalence of cancer and musculoskeletal related disorders. Asia pacific represents immense growth opportunity for orthopedic oncology market attributed to rapidly aging population and rising cancer incidence. In addition macroeconomic factors such as FDA approvals are also expected to increase the adoption rate of devices in the developed countries.

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Global Orthopaedic Oncology Market: Key Players

Some of the key market players in the orthopedic oncology market are Stryker Corporation, Accentus Inc., Roche Diagnostics, Amgen Inc., Novartis AG, Biogen Idec, GlaxoSmithKline, Sanofi S.A., and Pfizer Inc.

UV Coatings Market Industry Analysis and Growth, 2016-2026

FMI_FacebookIncreased efforts of several authorities over rules and regulations to promote environment-friendly products have headed too many developments and innovations in the industry, making it a hub and the potential growing market for different end use sectors. UV coating is a process in which ultra violet radiations are used to promptly cure coatings. The growing and consumption for UV coatings is different in different regions. For e.g. APAC being the major region for the UV coatings market is majorly driven by the electronics industry demand owing to the growth in demand for electronics in the region. Likewise, North America is mainly driven with the demand form print and paper industry. In Europe, the demand is generated from wood coating, paper coating, and plastic coating. Thus the regional disparities over demand of UV coatings are high in UV coatings market.

The wood coatings is the dominant segment for UV coatings market. Bourgeoning demand from electronic products is driving the demand for UV coatings for display segment at a notable pace, which in turn is growing the global UV coatings market. The display segment is expected to be a promising segment in the near future.

UV Coatings Market: Drivers & Restraints

Rising use of environmental friendly products is the major driving force for the global UV coatings market. The key factors motivating this growing industry are identified as increasing environmental awareness driving the demand for green products, growth in demand of industrial wood coatings, growing electronics market etc. In addition, increasing prospects in diverse applications and prospective markets are also recognised as the major opportunities in the UV coatings market. Backward integration is one of the major tactics embraced by various industry leaders to endure their position in this highly competitive market. Also, there is an increasing demand of UV coatings for marketing and advertising purposes which is expected to be a promising opportunity in the near future.

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Some of the minor restraints in the global UV coatings market implies to be its high capital requirements and high power consumption. This factor is expected to impose a challenge to the global UV coatings market. Some other minor disadvantages with the UV coating process such as difficulty to lower the gloss in certain applications,& health hazards in controlling uncured coating are also likely to restrain the market growth globally.

UV Coatings Market: Segmentation

On the basis of Applications, the global UV coatings market is segmented as

  • Graphic Arts
  • Electronics
  • Industrial Coatings
  • Composites
  • Others

On the basis of type of composition the global UV coatings market is segmented as

  • Monomers
    • Multifunctional Acrylic Esters
    • Others
  • Oligomers
    • Epoxy
    • Urethane
    • Polyester Acrylates
    • Others
  • Photo initiators
  • Others

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On the basis of types of coating the global UV coatings market is segmented as

  • Wood
  • Plastic
  • Paper
  • Displays
  • Conformal
  • Others

UV Coatings Market: Region-wise Outlook

The global UV coatings market is projected to register a constructive growth for the forecast period, 2015? 2025. Asia Pacific is estimated to sustain its control on the global UV coatings market. The key nations in the region are projected to be China and India as an effect of increasing wealth and rising demand for growing manufacturing industry that is promoting the demand for UV coatings, domestically. China is estimated to be the dominant in terms of revenue of the industry. North America and Europe are projected to follow Asia Pacific in global UV coatings market. Rest of the world is also expected to register a favourable growth in global UV coatings market.

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UV Coatings Market: Key Players

Some of the key market participants in global UV coatings market are AkzoNobel N.V, Royal DSM N.V., PPG Industries Inc., BASF SE, The Sherwin-Williams Company, The Valspar Corporation, Dymax Corporation, Eternal Chemical Co. Ltd., and DIC Corporation.

Impact of Existing and Emerging Furfural Market Trends 2016-2026

FMI_FacebookFurfural comes from the Latin word furfur which mean bran. Furfural (C5H4O2) is a clear, colourless or a little yellowish liquid. It is a natural precursor to furan-based chemicals. Furfural has potential to become a major renewable chemical for the production of biochemical and biofuels. Few properties of furfural include corrosive resistance, thermosetting properties and physical resistance, which have led to its around 70% contribution to production of resin. Primarily, furfural is composed of agricultural byproducts such as oat, bran, husks, sawdust and corncobs. Furfural manufacturing activity is based on pentosan containing residues, obtained from the processing of various agricultural or forest products, since no commercial synthetic process is discovered. Furfural market deals in B2B trade where furfural is widely used in industries as a base material for synthesizing a family of derived solvents such as tetrahydrofuran, furfuryl alcohol and in the production of resins for metal coatings and moulded plastic. In addition, it is used in the manufacture of insecticides and in the food industry for flavouring purpose. Different raw materials such as, corn cobs, rice husk, bagasse, cotton husk, oat husk, almond husk, almond husk, and olive press cake are used to manufacture furfural.

Global Furfural Market Segmentation:

On the basis of application global furfural market is segmented into furfuryl alcohol, solvents, pharmaceuticals and chemical intermediates. Apart from this furfural market is used as flavors & fragrance, herbicides and pesticides. Among all the applications, furfuryl alcohol holds highest market share in the global furfural market.

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Geographically, furfural market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan. The price of furfural varies region to region owing to manufacturing process and raw material availability. In terms of volume, China is the largest supplier of furfural worldwide. The other two major commercial producers are Dominican Republic and the Republic of South Africa. Demand for furfural in Asia Pacific region is expected to grow highest in the forecast years.

Global Furfural Market Dynamics:

Globally, demand for furfural is anticipated to grow significantly owing to increasing demand for green chemical. Other factors driving the demand for furfural includes environmental awareness to renewable alternatives in order to replace fossil resources and increasing production in developing countries. Raw materials such as agro products and wastes are widely available in developing countries such as India, China, Indonesia and Malaysia with a low production cost. This is in turn expected to lead towards efficient raw material procurement from these countries leading to increasing availability of furfural across the globe. Demand for furfural in pharmaceutical industry is expected to witness significant increase in the near future. However, inefficient technological advancement and lack of production process framework, restrain the furfural market globally. Furfural being renewable in nature is anticipated to witness increased adoption among various end use industries. Also, development of efficient and new technologies is a key factor leading to create furfural product possibilities in chemical industry.

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Global Furfural Market Key Players:

Some of the key players in the furfural market are Hongye Holding Group Corporation Ltd., Arcoy Biorefinery Pvt. Ltd., Corporation, Ltd., Central Romana, KRBL Ltd., Illovo Sugar Ltd., Lenzing AG, Penn A Kem LLC, Tanin Sevnica d.d., Linzi Organic Chemicals Inc. Ltd., Tieling North Furfural (Group) Co., Ltd., Silvateam S.p.A., and Xingtai Chunlei Furfuryl Alcohol Co., Ltd.

Explosion Proof Equipment Market Global Industry Analysis and Forecast 2016-2026

FMI_FacebookExplosion is defined as an extreme increased in the energy of a system, which can be nuclear, mechanical or nuclear in an uncontrolled amount result in increasing in temperature and evacuation of gases. There are so many sources responsible for the explosions, some of them are increased pressure, nuclear reactions, leakage of gases, dust and others. In order to prevent these explosions, several types of prevention measures are being taken in to account at a time of  designing products for electrical, mechanical, nuclear and chemical use and these devices/products are termed as explosion proof. The term explosion proof doesn’t mean that the product will be withstand in the explosion but it means that product is having some kind of explosive material or gases there within its case or housing and prevent spark from within its housing from igniting gases, vapors present in surrounding. In broader term explosion proof equipment be termed as those equipment which are having explosive material inside and correspondingly having protection principle means explosion prevention by varying operating energy or make its so robust so that can’t let explosion come out of case and also not let the external environment having high temperature or spark causes explosion inside by making its housing isolated, which is usually made up of stainless steel or cast aluminum. Today explosion proof equipment are used in almost all industries for the protection of financial as well as lives.

The global explosion proof equipment market is expected to grow with the healthier rate during the forecasting period.

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Explosion Proof Equipment: Market Dynamics

For last some years explosion proof equipment companies has been coming out with newly designed materials for casing and with more advanced features which are becoming the new trends for the market of global explosion proof equipment market. The key growth drivers of global explosion proof equipment market are increased adoption of explosion proof equipment in oil & gas industries, exploration of new mining sites which increases the need for explosion proof equipment there, drastic rising demand of explosion proof equipment in automation sector and also the newly formed safety regulations for hazardous areas are getting more stiffer, are some of the growth drivers responsible for the growth of global explosion proof equipment market. On the other hand staggering of mineral and mining industries globally are becoming the key restraint for the global explosion proof equipment market.

Explosion Proof Equipment: Segmentation

Segmentation of explosion proof equipment market is done on the basis of protection type, flammable substances, by explosive characteristics, by applicable systems, by verticals & by geography. Based on the protection type, segmentation of explosion proof equipment is done as explosion proof/explosion containment, explosion prevention/limiting energy, explosion segregation (isolation). On the basis of flammable substances, explosion proof equipment is segmented as Class 1, Class 2, and Class 3. By area classification segmentation of global explosion proof equipment market is done as Division I & Division II. On the basis of explosive character sticks, global explosion proof equipment market is segmented as zone 0, zone 1, zone 2, zone 20, zone 21, and zone 22.

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by applicable system explosion proof equipment is segmented into following segments such as; switchgear, surveillance & monitoring systems, material handling systems, lifting systems, cable glands, power generation and distribution systems & others.

Geographically, explosion proof equipment is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). Among all the regions North America is the highest contributor in term of revenue in global Explosion Proof Equipment.

Explosion Proof Equipment: Key Players

The key players of global explosion proof equipment market are Adalet, Alloy Industry Co. Ltd., eaton, S.C. UMEB SA, Warom Technology, Inc. Alloy Industry Co. Ltd. & others.

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