Global Hearing Protection Devices Market to Surpass US$ 1.9 Bn by 2021

Hearing protection device refers to the device that helps protect the ear from damage due exposure to high noise levels.  Hearing protection devices include earplugs, earmuffs, uniform attenuation earplug and hearing bands. Earplugs are hearing protection devices that are inserted in the ear canal to protect the ear. Earplugs are disposable and reusable. Earmuffs are hearing protection devices that fit over the entire external ear, including the lobe and seal against the side of the head with suitable cushion or pad. Uniform attenuation hearing protection devices are earplugs designed to provide more natural sound perception using acoustic filters, with nearly linear attenuation from 100 to 8000 Hz. Hearing bands are hearing protection devices that are used to seal the external opening of the ear to achieve noise attenuation. They are made of soft, rubber-like material that is held in place by a head band or suspension assembly.

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Increasingly number of stringent safety regulations, rising employment in construction industry, growing demand for HPD in manufacturing sector, rising demand for next-generation HPD in military sector and, increasing urbanization and development activities across the world are major factors leading to increased demand for hearing protection devices. Also, low cost earplugs launched by local manufacturers are expected to boost demand in developing regions, thereby fuelling growth of the hearing protection devices market. Lack of awareness and improper hearing attenuation are few factors expected to hamper growth of the global hearing protection devices market. Major trends in the hearing protection devices market include rising emphasis on custom-tailored hearing protection devices, increasing number of mergers and acquisitions, technology shift towards ear plugs with acoustic filters and increasing demand for uniform attenuation ear plugs.

The global hearing protection devices market was valued at US$ 859.3 Mn in 2014 and is projected to account for US$ 1,943.8 Mn by the end of 2021. The market is anticipated to expand at a CAGR of 12.4% in terms of value during 2015–2021. Rising demand for technologically-advanced HPD, strict government regulations regarding workers’ safety and increasing employment in construction industry are expected to positively affect growth of the hearing protection market across the globe.

Key market players covered in this report are 3M, Honeywell International Inc., Amplifon, Hellberg Safety AB, Dynamic Ear Company, Centurion Safety Products Ltd, Sonomax Technologies Inc, Siemens Healthcare GmbH, ADCO Hearing Products Inc., Elvex Corporation and Moldex-Metric Inc. Major players in hearing protection devices market focus on enhancing their global and regional presence through strategic acquisitions and mergers, and operational expansion.

Global Market Study on Flavored and Functional Water: expand at an impressive CAGR of 11.5% over the forecast period, 2013-2019

Rising health consciousness among consumers worldwide is uplifting the popularity of healthy alternatives to ordinary food and beverages that they usually consume. Flavored and functional water is one of such healthy alternatives; while flavored water is bottled mineral, purified, or spring water, functional water is its derivative with added functional value in form of oxygen, minerals, vitamins, and botanicals. The global flavored and functional water market has gained momentum within the recent past and is expected to expand at an impressive CAGR of 11.5% over the forecast period, 2013-2019. The market revenues will reach US$ 36.7 Bn by 2019 end, up from US$ 17.2 Bn attained in 2012.

Key Market Dynamics

Rising prevalence of obesity and growing awareness about healthy lifestyle among urban population are expected to remain the key drivers governing the growth of the global flavored and functional water market. As health concerns of consumers are detaining them from consuming artificial flavored beverages and carbonated drinks, the popularity of flavored water is growing. Functional water is especially attractive because of its health benefits and reduced switching costs, as the price nearly equals that of the flavored water. Availability of a range of flavors and options in flavored and functional water will also boost the market growth, as consumers usually prefer to try new tastes and follow the best of them. Although flavored and functional water is a bit expensive, increasing income levels nowadays allow people to consume premium products like this water, especially in developing nations. This is anticipated to be a major factor holding a positive impact on the market growth. Manufacturing companies have been grasping the right market by linking water to health and beauty regimes. This will continue to hit developing markets over the forecast period. Exploding industrialization in China has led to polluted water supply, eventually pushing the demand for packaged drinking water. This is currently providing an uptick to flavored and functional water as well, and is foreseen to continue in the near future.

There have been several protest campaigns against packaging bottles, which may hamper the market to a great extent. Threat of substitutes is a longstanding challenge that will continue to hold a negative impact on the market growth through to 2019.

Segment Analysis

The global flavored and functional water market is bifurcated into two key segments, flavored water and functional water. Owing to rising consumer inclination toward healthier refreshment compared to ordinary water or beverages, functional water will gain a higher sprint in sales, registering a strong CAGR over the forecast period.

Regional Analysis

The global flavored and functional water is regionally segmented into four key markets viz. North America, Europe, Asia Pacific, and rest of the world. While the U.S., Germany, France, Italy, and Japan represented the highest penetration of flavored and functional water in 2012, Asia Pacific witnessed the fastest growing market. Emerging economies in Asia are rapidly urbanizing, eventually adopting sophisticated lifestyle. In addition, Latin American and Middle East countries are also likely to represent significantly growing markets. APAC is expected to expand at a high double digit CAGR during the forecast period.

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Key Market Players

Some of the leading players operating in the global flavored and functional water market are Hint Water, Nestle Water, Herbal Water, PepsiCo, The Coca-Cola Company and Groupe Danone, New York Spring Water, Kraft Foods, Balance Water Company, and Sunny Delight Beverage Company. These companies offer multiple brands, including Aquafina Flavor Splash, Ayala’s Herbal Water, Dasani Drops, Nestle Pure Life, and Mizone.

Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020

Commodity chemicals (bulk chemicals) are a group of chemicals that are made on a very large scale and act as intermediates to produce other chemicals, which, in turn are used to produce a extensive range of end-user products including construction materials, adhesives, plastics, apparel and tires. Commodity chemicals are the largest sub-segment of the chemical industry. Commodity chemicals are commonly traded under broad categories such as organics, inorganics, plastics resins, synthetic rubbers, fibers, films, explosives and petrochemicals. These broad categories include chemicals such as, acetic acid, acetone, acrylate esters, adipic acid, acrylonitrate, benzene, bisphenol, butadiene, butanediol, butyl acetate, hexane, melamine, polyvinyl chloride, propylene, methanol, methyl, glycol and glycerines. These chemical are very low in product differentiation, and hence making price the dominant economic factor in purchasing decisions for the end users.

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The commodity chemical industry is highly fragmented and served with large number of local or regional players. Asia Pacific is by far the largest market for commodity chemicals accounting almost half of the total market. It is followed by North America and Europe. The growth prospective is still high in Asia Pacific attributed to the growing economy and ongoing trend and support for manufacturing sector in the developing countries such as India, China, and Indonesia. Bulk availability of crude oil and natural gas from gulf countries such as Saudi Arabian, Iran, Iraq and Syria is helping the commodity chemical industries in Asia Pacific. 

Commodity chemicals serve a wide range of industries ranging from personal care products to aerospace industries. It has its application either directly or indirectly in almost all manufacturing industries. The economy growth and increasing Gross domestic product (GDP) of developed and developing countries around the world is boosting the overall market of commodity chemicals. However the stiff regulation of the governments around the world regarding the health and environment side effect of chemicals and fluctuating prices of crude oil and natural gas are posing significant challenge for the industry.

Some of the major players in commodity chemicals market include, BASF SE, Bayer AG, The Dow Chemical Company, Mitsubishi Chemical Holdings Corporation, PPG industries, Linde Group, Akzo Nobel, LyondellBasell Industries, Asahi Kasei, Sumitomo chemicals, Evonik Industries, INEOS Group Holding and Chem China.

Advanced Phase Change Material (PCM) Market - Global Industry Analysis and Forecast to 2020

Materials that can store latent heat (energy released or absorbed by a material or a thermodynamic system at constant-temperature process) during the phase transition are called phase change materials (PCMs). PCMs latent heat transition can be achieved with solid-solid, solid-liquid, solid-gas, and liquid-gas phase change. However, only solid-liquid phase change is used in advanced PCMs at commercial level, since other methods required large volume and high pressure. 

Based on the technology of the material used, advanced PCMs are broadly categorized as inorganic PCMs, organic PCMs, bio-based PCMs and other PCMs. Organic PCMs are further classified as paraffin and non-paraffin materials; these materials melt and freeze repetitively without phase isolation and resulting degradation of their latent heat of fusion. Inorganic phase changed materials are further classified in salt hydrate and metallic. These advanced PCMs do not withdraw heat significantly and their heats of fusion do not decay with cycling. Bio-based advanced PCMs are mostly derived from plant oil or animal fat and poses higher biodegradability over others. 

On the basis of their application in various fields the advanced PCMs can be categories as building and construction, energy storage, heating, ventilation and air conditioning (HVAC), shipping and transportation, and others including textiles and protective clothing.

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Europe is the largest market for advanced PCMs followed by North America and Asia Pacific. Whereas increased construction works due to increasing urbanization is expected to boost the advance PCMs market in Asia Pacific region in coming years. Paraffin based advanced PCMs (organic PCMs) holds the largest market share while with increasing concern over environment and stiff regulation against biodegradability, bio-based PCMs are expected to gain the fastest growth in coming years.

Global trend towards energy saving, sustainable development and increase demand of biodegradable materials, increasing construction works due to surge in urbanization in Asia Pacific countries and advancement in packaging science is driving the market for advanced PCMs. However, harmful character of chemicals used as PCMs is expected to inhibit the growth of the market. Lack of government inventiveness and encourage in the direction of the growth and expansion of PCM is a major challenge faced by the Advanced PCMs industry.   

Some of the global leading manufacturers of advanced PCMs are, Advansa B.V, BASF SE, Ciat Group, Cryopak Inc., Datum Phase Change Ltd., E. I. Du Pont De Nemours And Company, Emco Klimatechnik Gmbh & Co. KG, Ewald Dörken AG, Honeywell Electronic Materials Inc., Laird PLC, Micron Technology Inc., Outlast Technologies LIC, PCM Energy P. Ltd, Phase Change Energy Solutions Inc., Phase Change Material Products Limited, Rgees LIC, Rubitherm Technologies GMBH, SALCA BV, SGL Group, The Bergquist Company Inc., Climator Sweden AB, Entropy Solutions Inc., Microtek Laboratories Inc., Pluss Polymers Pvt. Ltd. and Sonoco Products Co.   

Global Industry Analysis on Next Generation Sequencing Market: Next Generation Sequencing Market: Region-wise Outlook

Next generation sequencing is defined as a process of DNA sequencing decide the exact order of nucleotides inside a DNA molecule. Next generation sequencing allows rapid sequencing and produces a million DNA molecules and RNA sequences using next generation sequencer. Next generation sequencing is a high throughput sequencing. Next generation sequencing includes various modern sequencing technologies like Illumina sequencing and Roche 454 sequencing. Next generation sequencing is not very costly and gives a high throughput for DNA sequencing compared to traditional Sanger’s sequencing method. Next generation sequencing applications are in the field of genetic disease research newborn sequencing metagenomics, personalized medicines, biological drug discovery, agriculture research, animal research and cancer research.Also identification of binding sites on transcriptional factor, non-coding RNA expression profiling and re- sequencing of targets are some more applications of next generation sequencing. 

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Next Generation Sequencing Market: Dynamics

Increasing population, increasing incidences of cancer and transmissible diseases are expected to boost the next generation sequencing market attributing to the increased applications of next generation sequencing in the field of oncology and transmissible diseases. The use of next generation sequencing in developing the personalized medicines at a genetic level, is projected to enhance the demand for next generation sequencing during the coming years. Increasing investments in research and development in the field of genomics, proteomics and metabolomics is expected to boost the next generation sequencing market. Introduction of new products and services by the key industry players is most likely to boost the next generation sequencing market in the coming years. Also, the inclination of scientists and drug developers is mostly pointing towards the next generation sequencing technique, to obtain genetic organization insights of a large number of organisms, is increasing the next generation sequencing market demand. Increase in growth of personal medicines, development in pre-sequencing and NGS bioinformatics solutions and cloud computing are some of the opportunities for global next generation sequencing market. However, the storage and management of enormous data generated by sequencing and its interpretation are some of the challenges for global next generation sequencing market. Increasing number of collaboration and new product launches are some of the trends for global next generation sequencing market. 

Global Honey Market: Growth Accelerators & Restraints

Retaining the sweetness in food products & beverages has become a rugged task for manufacturers as consumers continue to be skeptical about the genuineness of such sugars. More and more people in the world are victims of diabetes, urging F&B companies to cautiously include artificial sweeteners as well as natural sugars. But, a quick fix for this global dilemma is the inclusion of pure honey in production of sweets, food products and drinks. Easy availability and organic nature of honey make it one of the most aptly-applicable sweet in the world. Furthermore, the sugary content in honey renders it edible for diabetic patients, encouraging food and beverage producers to replace any other sweeteners with honey. Food preparation methods, as common as baking, have integrated the use of honey, while consumers are buying packaged honey to replace sugars from their morning beverages such as tea or coffee. 

Increasing demand for honey has catalyzed the production of nectar on commercial grounds. Horticulture is raking in greater investments for expanding commercial cultivation of beehives and production of honey through naturally-obtained nectar. Inclusion of honey bottles in top consumer retail goods such as sauces, mustards, and other seasoning flavors has surged business opportunities for producers of honey products. The global honey market continues to gain traction due to modern uses of honey in health and food & beverages industry, anticipating an ascending growth in the future. Advancements in food-making technology will further hike the applicability of honey, instigating a significant rise in business opportunities for honey product manufacturers. 

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Global Honey Market: Growth Accelerators & Restraints 

Besides being a predominant food additive in the world, honey is also proliferating untapped verticals of food and beverage production. Some of the modern applications of honey in the F&B industry include production of commercial beverages, honey mustard, and honey barbeque sauce. Fermentation of honey in production of sweet alcoholic drinks such as meads, honey wines and honey beers is also gaining momentum. Healing benefits of honey are expected to be a crucial factor driving the growth of global honey market. Therapeutic use of honey expands the market into industrial verticals of drug production, healthcare facilities, and production of medicinal disposables. Preservation duration for honey is quite extended, allowing consumers to store in absence of refrigerators. 

However, the sugar profile of honey continues to induce consumer skepticism in the global market. Being naturally sweet doesn’t restrict honey from being probed by scientists and medical researchers. The hampering effect of consuming honey during treatment of open wounds creates a major dislike among diabetic patients. Adulteration practices undertaken by honey manufacturers lowers their consumption, while potential health risks of such impure products aggravates the businesses in global honey market. Botulism and health disorders caused due to consumption of toxic honey are also some key restraints influencing the growth of global honey market.   

Global Honey Market: Segmental Analysis 

The global market for honey can be segmented on the basis of types of honey. Some of the most common and commercially-produced honey types include date honey, flower honey, buckwheat honey, acacia honey, and linden honey, among others. Consumption of date honey continues to surge owing to dates being a good source of energy, vitamins, minerals and fiber. For acacia honey, the low sucrose levels and high fructose levels render it apt for diabetic patients. 

Global Honey Market: Trends & Opportunities 

Medical use of honey will continue to expand business opportunities for manufacturers, unifying pharmaceutical production with honey production. Drugs containing honey are equipped with key trace elements having wound-healing properties. Hydrogen peroxide, methylglyoxal and other compounds that are present in honey can be used in production of antibiotic drugs, compelling researchers to devise more accurate studies on medical uses of honey. Effectiveness of honey-derived drugs will inflate its presence in healthcare measures across the world. 

Global Honey Market: Regional Overview 

Fragmenting the growth of global honey market can be done on the basis of five chief regions in the world, namely;

• Latin America
• North America
• Europe
• Asia Pacific
• Middle East & Africa

Health benefits associated with honey are gaining acceptance among consumers, but the reception is distinctive to each region independently. Higher clinical and medical studies in North America and European countries is expected to boost their regional honey market. Increasing food & beverage consumption in the US has an incidental impact on the growth of North America’s honey market. Meanwhile, spanning agricultural industry in Asia Pacific countries and presence of food manufacturing plants, which are owned by global F&B companies, are expected to bulk up the revenues garnered in Asia Pacific’s honey market. 

Global Honey Market: Key Players 

Production of honey involves crucial monitoring systems that ensure lack of adulteration. Although, prevalence of malpractices such as mixing sugar syrups has tainted the market presence of several honey-making companies. Adopting advanced technologies and manufacturing equipment for a refined production of wholesome honey is now a prominent trend adopted by the market’s participants. Some of the prominent companies in the global honey market include, Lamex Foods UK Limited, Honey Sugar Product, Phondaghat Pharmacy, LITTLE BEE IMPEX, and Hi Tech Natural Products (India) Ltd., among others. 

Alopecia (Hair Loss)Treatment Market: Global Industry Analysis and Forecast 2016 - 2022

Alopecia is a term used to describe excessive hair damage under certain medical conditions or dietary issues. Sedentary lifestyle, and unhealthy diets is leading to loss of hair among masses. Furthermore, ageing and hormonal imbalance, increasing chronic disease like arthritis, cancer, hypertension, depression also leads to hair loss especially among middle aged population. According to American Hair Loss Association, androgenetic alopecia accounts for over 95% of hair loss in men.  Over 800 thousand patients are seeking some kind of treatment for hair loss worldwide. For the treatment of alopecia, U.S. FDA proved two drugs - Minoxidil, to treat hypertension and finasteride (Propecia) to treat benign prostate hyperplasia (BPH). American Hair Loss Association recommends the use of minoxidil in patients who have not responded to finasteride treatment. Prevalence rate of alopecia is high among working age population. Treatment seeking rate for alopecial is more prevalent in developed regions as compared to that in developing regions, however, over the past few years, demand for alopecia treatment has increased dramatically in developing regions such as China and India owing to increase in healthcare expenditure and improved healthcare infrastructure facilities. In China, 6 percent females and 21 percent of males suffer from hormone driven hair loss.

Changing lifestyle along with increase in stress level among working class population is expected to boost the demand for treatment of hair loss globally. Furthermore, rise in geriatrics population along with high demand for surgical hair transplant is expected to drive the alopecia treatment market. Increasing consumer disposable incomes and health awareness, emphasis to look good, and technological advancement in hair treatment medical devices are some other key drivers for this market. Since accessibility for scalp treatment is easily accessible and available, the demand for alopecia treatment has increased.

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Though the market is expected to witness healthy growth during the forecast period, high cost of the medications and possible side effects/allergic reactions are acting as key barrier for alopecia market.

Alopecia Treatment Market is broadly classified on the basis of the following segments –

Alopecia Treatment Market by Product:

• Vitamins and Supplements
• Shampoos and Conditioners
• Others (Serums, gels and oils)

Alopecia Treatment Market by Gender:

• Men
• Women
• Children

Alopecia Treatment Market by End User:

• Homecare Settings
• Dermatology Clinics
• Others (Salons)

The alopecia treatment market has grown substantially at a healthy CAGR due to changing lifestyle and greater emphasis on outward appearance to look good. With rapid technological advancement and innovation, alopecia treatment market is expected to grow globally. North America is the largest market for alopecia treatment while Asia Pacific is expected to be the fastest growing market during the forecast period.

The alopecia treatment market is expected to register a significant CAGR during the forecast period. Depending on geographic regions, alopecia treatment is segmented into seven key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America, followed by Europe, is expected to dominate the alopecia treatment market throughout the forecast period. Asia Pacific excluding Japan is poised to witness fastest growth owing to outburst of middle aged population in the region. Also, the region is witnessing healthy growth in terms of GDP, which in turn is expected to propel growth at healthy digits. Middle East & Africa and Latin America are expected to sluggish growth during the forecast period.

 Some of the key market players for alopecia treatment market are Cipla, Viviscal, Dr. Reddy’s Laboratories Ltd., Regaine, Merck & Co., Inc, Ranbaxy Laboratories Ltd, Phyto - Alès Groupe, Kirkland Signature, Vitabiotics, Nanogen, Alpecin - Dr. Kurt Wolff GmbH & Co. KG, Rogaine - Johnson and Johnson.

 The report covers exhaustive analysis on:

• Alopecia Treatment Market Segments
• Alopecia Treatment Market Dynamics
• Historical Actual Market Size, 2013 - 2015
• Alopecia Treatment Market Size & Forecast 2016 to 2022
• Alopecia Treatment Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Alopecia Treatment Market Drivers and Restraints

 Regional analysis includes

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

 Report Highlights:

• Shifting Industry dynamics
• In-depth market segmentation
• Historical, current and projected industry size
• Recent industry trends
• Key Competition landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance