Kraft Lignin Market Research Report by Size, Trend, Opportunities & Future Assessment Up To 2024

The lignin obtained from kraft pulping or sulfate process is called kraft lignin. Kraft lignin possesses distinguishing characteristics from native lignin and other technical lignins. Axiom MRC estimated and projected the volume of consumption of kraft lignin in terms of Kilo tones (KT) and revenue in terms of USD million by various applications.

Kraft lignin market is anticipated to grow at a compound annual growth rate between 2.5% to 3.5% from 2018 to 2022. The global market is driven by factors such as, abundantly available raw material, kraft pulping process is widely accepted process in the paper production, large number of applications etc. The global kraft lignin market is hindered by factors such as, complex structure of lignin creates difficulty in the extraction of kraft lignin, lack of awareness of extraction of kraft lignin from the black liquor etc.

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Kraft lignin market can be segmented such as, applications and geographies. The major application of kraft lignin are, agrochemicals i.e. pesticides and fertilizers, thermoplastic polymers, binders and resins and others include Carbon Fiber, etc. Lastly the market is segmented by geography such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

The application agrochemicals and thermoplastic polymers are accounted more than 50% of market share in 2016. The other applications such as carbon fibers anticipated to be grow at highest growth rate from 2018 to 2022. North America and Europe are together the largest market of kraft lignin globally.

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Industrially opted processes of isolating large quantities of kraft lignin from black liquor are known as LignoBoost invented by Innventia and Chalmers University of Technology. Further the technology was acquired by to Metso which later developed for industrial scale production in alliance with Innventia.

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Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Hyperspectral Imaging Systems Market Research Report by Size, Trend, Opportunities & Future Assessment Up To 2024

Global hyperspectral imaging systems market is mainly segmented into applications and region/country. The hyperspectral imaging finds major application in military surveillance, environmental testing, mining & mineralogy, agriculture, machine control & process vision, life Sciences and medical diagnostics, food industry, colorimetry and meteorology.

The report includes market size estimation and forecast in terms of revenue (in USD million) for the regions such as North America, Europe, Asia-Pacific and Rest of the world region which include Latin America and Middle East & Africa.

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Growing new applications of hyperspectral imaging techniques across the various industry verticals, increasing awareness of hyperspectral imaging systems etc. However the initial associated cost the hyperspectral imaging systems is the major hurdle of the industry.

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Global report also includes competitive landscape of the hyperspectral imaging system market since 2015 to till date. Under the competitive landscape section major activities are captured such as mergers and acquisitions, new product launches, agreements etc.

About Axiom MRC.

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Nutraceutical Ingredients Market Research Report by Size, Trend, Opportunities & Future Assessment Up To 2024

Global nutraceutical ingredients market is mainly segmented on the basis of type of ingredients, application and by region/country. On the basis of ingredient types, the market is mainly segmented into prebiotics, probiotics, omega-3 fatty Acids, amino acids, minerals, vitamins, phytochemicals and plant extract, fibers and carbohydrates, carotenoids and Others(glucosamine, chondroitin, poyols etc.). Further the market is segmented on the basis of applications such as, functional food, functional beverages, dietary supplements, animal nutrition and personal care. The report includes market size estimation for the regions such as North America, Europe, Asia-Pacific and Rest of the world region include Latin America, Middle East and Africa.

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The global nutraceutical ingredients market is driven by factors such as, increasing consumption of nutraceutical ingredients in the production of function food and beverages, raising awareness about the animal health, government Investment etc. The market is hindered by factors such as, increasing cost of nutraceutical ingredients production, bogus nutraceuticals etc.

Axiom MRC utilizes an unique research methodology to reach at conclusive research findings for each research assignment. The team of industry analyst constantly track various industry verticals to gather research intelligence such as market drivers, restraints, market share, growth rates and competitive landscape. The targeted research value chain is then aligned in the data model with its qualitative and quantitative information obtained through the industry tracking process. Axiom MRC’s data model is an in-house developed statistical tool which is based on the fundamentals such as Top Down and Bottom Up approaches.

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Key companies which lead the nutraceutical ingredients market are Cargill, Inc, Du Pont, BASF SE, ADM Company, Associated British Foods PLC, DSM N.V., Ingredion Incorporated, Arla Foods, Tate & Lyle PLC and Ajinomoto Inc.

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Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Crop Protection Chemicals Market Research Report by Type, Trend Analysis, Opportunities & Future Assessment Up To 2024

The crop protection chemicals market is projected to grow at a CAGR between of 4.0% to 6.0% from 2019 to 2024. The market is studied for insecticides, herbicides, fungicides, and others. The report includes an extensive market analysis for North America, Europe, Asia-Pacific, Latin America and Rest of the World regions such as Africa and Middle-East. The major crop types considered for the study are cereals & oil seeds, fruits & vegetables and others (nursery crops, and turfs & ornamentals pants).

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The market is majorly driven by increasing demand for food security by the increasing population and heavy crop loss due to pest attacks. Innovation in farming techniques and rising implementation of conventional farming practices is also diving the market for crop protection chemicals. A huge market growth is expected in the herbicides and insecticides segments of the crop protection chemicals as the leading companies are investing huge sums of money in R&D and introducing innovative products with better results and high effectiveness.

Among the types of crop protection chemicals, herbicides held the largest market share in 2015, followed by insecticides fungicides. Herbicides are the highest demanded crop protection chemicals due to high wed infestation mainly in cereals and grains and also less availability of labor force to manually remove the harmful weeds and herbs. Herbicides once spread on the field are very effective in destroying the unwanted weeds hampering the growth of the crops and hence are widely used all over the world.

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The crop types considered in the crop protection chemicals market are cereals & grains, oilseed & pulses, fruits & vegetables and others. The cereals & grains segment dominated the market in 2016 followed by fruits & vegetables and oilseed & pulses. The pest infestations are highest on cereals & grains and thus using crop protection chemicals becomes inevitable.

The crop protection chemicals market is studied for North America, Europe, Latin America, Asia-Pacific ad RoW that includes South Africa, the Middle East, and others. Latin America dominated the market with the largest market share followed by Asia-Pacific and Europe. Brazil and Argentina have the largest market share in the country-level market in Latin America region. Increasing population and increasing food demand with limited arable land available for farming has triggered the demand for crop protection chemicals in Latin America and Asia-Pacific region.

The leading players in this industry include BASF SE, DuPont, Monsanto, Syngenta Ag, The Dow Chemical Company, Bayer CropScience Ag, Sumitomo, ADAMA Agricultural Solutions, among others. These companies have established their position in the market by offering competent crop protection chemical products. Along with this, they are making their presence strong in the market though strategies such as mergers, acquisitions, joint ventures and collaborations

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Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Agricultural Biological Market Research Report by Size, Trend, Opportunities & Future Assessment Up To 2024

The market for agricultural biologicals is projected to grow at a CAGR between 14% to 15% from 2018 to 2024. Agricultural biologicals are naturally occurring solutions which can be used as a replacement to chemical fertilizers and pesticides. Growing demand for organic farming, increasing awareness about the disadvantages of chemical fertilizers and pesticides, rising demand for food by the growing population, and changing mentality of the farmers inclining more towards usage of biological products for environment safely is driving the market for agricultural biologicals. Along with this, rising cost of fertilizers and increasing government bans and strict regulations for pesticides and fertilizers is fueling the growth of agricultural biologicals market.

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The major types of agricultural biologicals considered in the study are biopesticides, biofertilizers, biostimulants and Others. Biopesticides dominate the market due to high usage of biopesticides as an alternative to chemical pesticides and increasing support of European countries for use of only biologicals in the agricultural field.

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The crop types considered in the agricultural biologicals market are cereals, oilseeds & pulses, flowers & ornamentals, fruits & vegetables and others. The market for cereals & grains is highest due to high consumption of these food grains all over the world thus high usage of agricultural biologicals on them. Based on mode of application the global agricultural biologicals market segmented into seed treatment, soil treatment and foilar spary.

The agricultural biologicals market is studied for Americas, Europe, Asia-Pacific, and RoW which includes the Middle East and Africa.

Europe dominated the market with the largest market share followed by Americas and Asia-Pacific.

Spain and Italy are the largest markets in the country-level market in European region.

Rising demand for organic products, reduced chemical hazards, improved yield, and increased productivity along with no harmful residue problem by using agricultural biologicals is driving the market growth in Europe. 

Asia-Pacific is the fastest growing region in the agricultural biologicals market.

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Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Maltodextrin Market Research Report by Type, Trend Analysis Opportunities & Future Assessment Up To 2024

Maltodextrin is a white powder which is extracted from natural sources including rice, corn, starch, potato, and wheat. It is a polysaccharide which is used as a food additive. It is produced from the partial hydrolysis of starch. Maltodextrin has been approved by the U.S. Food and Drug Administration (FDA) as a safe food additive. The consumption of maltodextrin as a food additive is largely governed by changing trends in the genetically modified food products. Consumers are expected to lower the consumption of starch from GMO products and are rather expected to consume maltodextrin as an alternative GMO-free starch.

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The key factor driving growth of global maltodextrin market is the rising demand for healthy food products that contain maltodextrin. In addition, rising consumption of low-calorie artificial sweeteners and packaged food which is low in calories is another driving factor for the market. Furthermore, high demand from industries such as cosmetics, pharmaceuticals and industrial chemicals also adds to the overall growth of the maltodextrin market. On the contrary, since maltodextrin is high on glycemic index (GI), it can cause surge in blood sugar levels hence, it is not preferred by consumers with diabetes or insulin resistance.

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The global maltodextrin market has been segmented based on type, application, end-user, and geography.

Based on standard types, the global maltodextrin market has been segmented into MD10, MD15, and MD20.

Based on applications, the global maltodextrin market has been segmented into binders, sweetener and encapsulation

The various end-users of the maltodextrin vaccines are food & beverage, pharmaceuticals, industrial, paper, animal feed, cosmetics.

 Among the various end-users, food & beverage accounted for larger share of the market owing to the use of maltodextrin as an additive in various food products.

This segment is further expected to remain dominant in the near future expanding at a CAGR of 5.3% from 2019 to 2024.

 The market for maltodextrin in animal feed is also expected to showcase high growth thereby boosting the demand for maltodextrin over the forecast period from 2019 to 2024.

Based on geography, the global maltodextrin market has been segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa.
• North America comprises U.S.,Canada, and Mexico whereas Europe would primarily cover Germany, France, UK, Italy, and Rest of Europe.
• The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific.
• In Latin America, Brazil, Argentina, and Rest of Latin America are the key segments whereas in Middle East & Africa, South Africa and Rest of MEA are the key segments covered in the report.
• North America accounted for the largest share in the global maltodextrin market; it is further projected to dominate the global market by 2024. Europe accounted for second largest market share whereas Asia Pacific is projected to grow at fastest pace of 5.5% owing to high growth in the food & beverage industry in this region.

About Axiom Us

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Foliar Fertilizers Market Research Report by Type, Trend Analysis & Future Assessment Up To 2024

Foliar mode is method of application of fertilizers on plants. In foliar mode, fertilizers are applied on the leaves of crops or plants. This method helps plants to absorb the nutrients through their leaves stomata and epidermis. The foliar fertilizers are water soluble fertilizer or liquid form fertilizers. Spraying of fertilizers on leaves is most effective method to improve agricultural yield and crop conditions. The various scientific tests have shown that application of fertilizers through leaves has increased the yields up to 25%.

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Foliar fertilizers market can be segmented by type of fertilizers, type of application and geography. By type of fertilizers market can be segmented such as, nitrogen fertilizers, phosphate fertilizers, potassic fertilizers, macronutrients and micronutrients. Further the market is segmented by type of application such as, field crops, horticulture crops, turf and ornamentals and rest of crops.

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Axiom MRC estimated and projected the volume of consumption of various foliar fertilizers in terms of Kilo tons (KT) and revenue generated in terms of USD million across the countries of North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Globally the market is driven by factors such as, growing demand of agricultural yield, Lack of soil micronutrients, efficiency of fertilizer absorption etc. However the market growth is hindered by the factors such as, high cost of the fertilizers etc

• Asia Pacific is the emerging and fastest growing market of foliar fertilizers globally.
• Europe is the largest market of the foliar fertilizers followed by North America.
• Key companies of foliar fertilizers market are
• Agrium Inc. (Canada)
• Eurochem(Switzerland)
• Israel Chemical Limited (Israel)
• Yara International ASA (Norway)
• Sinochem Group (China),
• Gujarat State Fertilizers
• Chemicals Limited (India),
• Coromandel International Limited (India)
• Kuibyshevazot O JSC (Russia)
• Petroleo Brasileiro S.A.-Petrobras (Brazil),
• Potash Corporation Of Saskatchewan Inc (Canada) 

About Axiom Us

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Linear Low-Density Polyethylene (LLDPE) Market Report | Trend Analysis & Forecast Up To 2024

Linear low-density polyethylene (LLDPE) is a linear polymer (polyethylene) with substantial extent of short branches. It is usually produces by copolymerization of ethylene with higher alpha-olefins, for example, butene, hexane, and octane. Solution polymerization and gas-stage polymerization are two essential methods utilized as a part of the production of LLDPE.

The worldwide market for Linear low-density polyethylene (LLDPE) is foreseen to witness stable development in the years ahead, by virtue of expanding LLDPE limit augmentations arranged worldwide alongside ever rising interest for the product. Likewise, developing populace exacerbated with growing food demand has additionally contributed towards the development of LLDPE market in food packaging. A great part of the development in LLDPE has been because of the substitution of low density polyethylene (LDPE) and is gradually overpowering LDPE as far as market size to be the second biggest polyethylene (PE) after high density polyethylene (HDPE).

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The global LLDPE market is segmented on the basis of application, type of process and region. LLDPE is broadly utilized in applications, such as films, injection molding, rotomolding, wires and cables, sheets, and pipes and conduits. These are used as a part of end-client enterprises like bundling, farming, construction, houseware, marine, and toys. Films were the biggest application segment of the LLDPE market, representing more than 70% offer in 2017.

Application goods such as houseware, lids, large industrial containers, caps, pails, crates, sealant cartridges, and mobile garbage bins are mass-produced by injection molding of LLDPE, while water tanks, small boats, marine floats and traffic barriers, luggage, furniture parts, and toys are produced by the rotomolding process.

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By processing type, the market is categorized into gas phase, solution phase and slurry loop. The gas phase segment is anticipated to lead the LLDPE market for the forecast period. The development of the gas phase section can be ascribed to the expanding utilization of business gas stage process for LLDPE generation, because of its dissimilar benefits when compared with the business slurry and solution process.

Geographically this market is divided into :

·        North America

·        Europe

·        Asia Pacific

Asia Pacific is the biggest and the quickest developing territorial section of the LLDPE market.

This development can be credited to the expanding interest for packaging films from the nourishment and drinks industry.

North America is the second-biggest territorial portion of the LLDPE market, trailed by Europe.

Middle East and Latin America are likewise anticipated that would have solid development prospects because of the surge in hardware and individual care industry in the area.

About Axiom Us

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Ganesh Sai
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Email: sales@axiommrc.com
Tel: +1(845)875-9786, +44(0) 20 23869707

Biopsy Device Market Report, By Product Type | Trend Analysis & Forecast Up To 2024

Biopsy is a procedure of removal of tissues from the body part, to examine whether the tissue or a tumour is cancerous or to determine the cause of an unexplained infection or inflammation. A biopsy is mostly used for diagnosis of cancers and hence, removal of tissue or cell for analysis is called as biopsy. Most of the biopsy procedures are pain free and minimal risk. There are several types of biopsy including bone marrow biopsy, endoscopic biopsy, needle biopsy and skin biopsy. Biopsies are performed with imaging guidance such as ultrasound, x-ray, computed tomography (CT) and magnetic resonance imaging (MRI).

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The global biopsy devices market is estimated and forecasted in terms of revenue (USD million) generated by the market. The global biopsy device market is observing significant growth due to swelling research and development, technological advancement, rising awareness about cancers and increasing prevalence for minimally invasive surgeries. However, risk associated with infection and bleeding and increasing rate of complex biopsy methods are the major restraining factors hindering the biopsy device market.

Based on product type, the global biopsy device market is categorized into needle-based biopsy instruments, procedure trays, localization wires and other products including brushes, curettes and punches. The needle-based biopsy instruments segment is further classified into core biopsy devices, aspiration biopsy needles and vacuum-assisted biopsy devices.

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The report analyses the market based on application into breast biopsy, lung biopsy, colorectal biopsy, prostate biopsy and other including cardiac biopsy. The breast biopsy segment registered for highest market share in the global market in 2017.

The overall growth of the biopsy devices market with respect to breast biopsy is primarily driven by increasing incidences and rising awareness of breast cancer in the developed and developing countries.

Based on end user, the global biopsy device market is categorized into hospitals, academic & research institutes and diagnostic and imaging centres.

Among these segments, the hospitals segment accounted for largest share in the market in 2017.

The largest share of this segment can be primarily attributed to full range of services provided that includes surgery to intensive care, increasing number of hospitals and 

rising number of biopsy procedures in the hospital.

About Axiom Us

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Enhanced Oil Recovery Market Report, By Technology | Geography Trend Analysis & Forecast Up To 2024

Oil production is parted into three parts: primary, secondary and tertiary, which is known as Enhanced Oil Recovery (EOR). Primary oil recovery is limited to hydrocarbons that naturally rise to the surface, or those that use artificial lift devices, such as pump jacks. Secondary recovery employs water and gas injection, displacing the oil and driving it to the surface. The way increase oil production is through the tertiary recovery method or EOR. Although more expensive to employ on a field, EOR can increase production from a well to up to 75% recovery.

The global enhanced oil recovery market is estimated and forecasted in terms of volume (M bbl) and revenue (USD million) generated by the market for the forecast period up to 2024. An aggregate number of matured fields, as well as rising need for crude to meet the petroleum product demand, is expected to be the major drivers for the enhanced oil recovery market. Besides, new technologies are being developed in the market such as chemical enhanced oil recovery to reduce the cost of oil recovery.

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The global enhanced oil recovery market is segmented by technology, application and geography. Based on the technology this market is divided into gas, thermal, chemical and others. The gas enhanced oil recovery can be further segmented into CO2 based, Nitrogen based and Hydrogen based. The thermal technology is categorized into steam, in-situ combustion and hot water. Furthermore, chemical injection enhanced oil recovery can be bifurcated into polymer-based, alkali-based, surfactant solution based and microbial based. Steam technology has been used as commercially (to heating of the reservoir to lower the viscosity).  Gas enhanced oil recovery segment is growing at a significant rate due to various advantages such as cost-effectiveness and technological development. Chemical technology is estimated to be largest market share during the forecast period.

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Based on the application the enhanced oil recovery market is segmented into onshore and offshore. An onshore application is predicted to higher rate due to the growing number of aging field’s couple with increasing focus towards heavy oil reservoirs. Shifting trends toward offshore field on account of availability of resources and economic benefits will foster the offshore enhanced oil recovery market growth.

The enhanced oil recovery market is segmented on the basis of following geographies are North America, Europe, Asia Pacific and Rest of the World.  In North America, thermal recovery now accounts for more than 50% of applied Enhanced oil recovery. Europe is expected to be a booming market for EOR technology as a number of upcoming projects are there in Russia. Rest of the World (RoW) is expected to show the highest growth rate as a number of oil reserves exist.

About Axiom Us

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

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Valley Cottage, NY, United States

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High Temperature Elastomers Market Report, By Type, Application, Trend Analysis & Forecast Up To 2024

Thermosetting elastomers are commonly known as high temperature elastomers, which are an important class of materials and are used in a wide variety of applications. These elastomers do not melt and are converted into gaseous state at high temperatures. High temperature elastomers are generally insoluble in solvents such as water, also the chemical makes them chemical resilient and anti-corrosive in nature.

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The global market is estimated and forecasted in terms of revenue (USD million) generated by the high temperature elastomers market.

The global high temperature elastomers market is witnessing sustainable growth owing to increasing demand from the automotive industry. Rapidly growing automotive sector in developing economies and augmented demand for high-performance automobile & transportation products are expected to contribute to the growth of this market. Furthermore, the overall market is also being propelled by rising construction output and manufacturing activities worldwide. Furthermore, development of new grades of high temperature elastomers is expected to provide growth opportunities to this market in coming years. However, the global market is hindered by high production and switching costs associated with high temperature elastomers products.

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• ·        The report analyses the global high temperature elastomers market based on type, application and geography.
• ·        Based on type, the market is segmented into fluorocarbon elastomer, perfluorocarbon elastomer, silicone elastomer, fluorosilicone elastomers and others (nitrile and polyacrylate).
• ·        The silicone elastomer accounted for the largest market share of the high temperature elastomers market in 2017.
• ·        This growth is attributed to wide usage of silicone elastomers in construction and automotive industries globally.
• ·        They are used as sealant, structural glazing material, and find applications in cure place gasket and vibration dampers.
• ·        Based on application, the global high temperature elastomers market is divided into electrical & electronics, healthcare, consumer goods, industrial machinery, transportation and others (construction and chemical processing).
• ·        The transportation segment accounted for the largest application of high temperature elastomers market in 2017.
• ·        This segment has witnessed steady growth due to increasing global output of motor vehicles and industrial machinery equipment.
• ·        They are used in transportation industry to manufacture tires, seat covers and other rubber products. Furthermore, the others segment is anticipated to create substantial incremental opportunity during the estimate period, owing to the increasing use of high temperature elastomers in building and construction machinery.

About Axiom MRC.

Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy.

Media Contact:

Ganesh Sai

616 Corporate Way, Suite 2-4268

Valley Cottage, NY, United States

Email: sales@axiommrc.com

Tel: +1(845)875-9786, +44(0) 20 23869707