Measurement While Drilling Market Growth – Size, Share, Trends and Market Forecast to 2022

The measurement while drilling market can be split into applications and geographical regions. On the basis of applications, the market includes onshore and offshore. The geographical regions market includes Europe, rest of the world, North America and Asia Pacific. Augmentation in directional or horizontal wells to boost output and execute financial undertakings is steering further demand for the measurement while drilling market.

Increased demand for the measurement while drilling market also owes to rising wells drilled for the mining of shale gas. One of the biggest benefits of measurement while drilling is that gas and oil drilling companies can log wells without hindering the drilling operations. This factor drives increased demand for the measurement while drilling market and increases its sales. The worldwide market is expanding with rising drilling operations across the world.

Huge spendings in manufacturing and discovery operations by oil organizations would act as a blessing for the measurement while drilling market through the forecast phase. Measurement while drilling is a kind of well logging service. In this, a measurement device is integrated in the drilling string to access synchronized data. This data aids the worker to drive the drilling procedures. North America is dominating the measurement while drilling market.

This is on account of huge shale gas discovery and manufacturing operations in the region. With the growing generation of shale gas, the number of directional wells would augment. This is expected to assist further growth in the measurement while drilling market in North America. Ecological policies in Europe are slowing down the progress of this market.

Information Source: Grand View Research

Subsea Production and Processing System Market Growth – USD 24.5 Billion By 2018

Rising demand for energy with growing investments in offshore production and discovery operations is estimated to raise the demand for the subsea production and processing system market. The market is projected at about USD 24.5 billion by 2018. It is predicted to expand at around 6 percent CAGR from 2013 to 2018. The market is anticipated to rise moderately in the forthcoming years.

For Market Research Report on “Subsea Production and Processing System Market” Visit – http://www.grandviewresearch.com/industry-analysis/subsea-production-and-processing-systems-market

A significant factor providing impetus to the subsea production and processing system market is radical decrease in the expansion costs of subsea production and processing systems as against conventional procedures. With the utilization of new procedures, the subsea production and processing system market is deeming subsea processing.

Contrary to making resource fluids undergo processing procedures at stations, subsea processing systems include the execution of processing operations at the seafloor. Thus, there are less cost gains and enhancement of retrieval factors from the resource. These and various other benefits associated with such systems do well for the subsea production and processing system market and push it ahead.

Developing regions of the world and rising population are some of the other significant drivers of the market. However, incorporation of new technologies with already accessible ones could slow down the flow of the subsea production and processing system market. The market also faces future growth prospects. This is owing to rising energy demand in Asia Pacific.

Growing demand for energy in Asia Pacific owes to augmented demand for energy in China and India. The subsea production and processing system market is leaded by some dominating participants of the market. This tendency is anticipated to continue in a similar fashion in the future.

Subsea Production and Processing System Market

Information Source: Grand View Research

 

Lubricating Oil Additives Market Growth – Demand Is Pushed Ahead By Some Factors

Lubricating oil additives are certain chemical composites. They are utilized to improve the characteristics of base oil by passing on features, like resistance to corrosion, anti-rust and glueyness improvement. Besides improving the features of lube oil, they inhibit the unwanted characteristics of base oil and pass on new characteristics to it. Rising demand for lubricating oil additives from gear oils, engine oils, cutting fluids and hydraulic oil is estimated to steer the lubricating oil additives market ahead.

For Market Research Report on “Lubricating Oil Additives Market” Visit – http://www.radiantinsights.com/research/global-lubricating-oil-additives-market-size-regional-outlook-application-analysis-competitive-insights-and-forecasts-2014-to-2024

Lubricating oil additives are required to ensure that vehicles operate properly. Thus, augmented demand for these additives from the sector of automotives is predicted to propel the lubricating oil additives market further. This inclination is estimated to rise further through the forecast phase. Moreover, stern policies of the government in relation to needs for ejection control require the utilization of lubricating oil additives. This factor also drives further demand for the lubricating oil additives market.

The adding of these additives to lubricating oils improves the performance of the latter and decreases the ejection of unsafe gases from automobiles. These benefits of lube oil additives augur well for the lubricating oil additives market and steer further demand for it. Strict laws with regard to vehicular ejections are also projected to steer increased demand for the lubricating oil additives market in the years to come. The rising GDP of developing nations in Asia Pacific is estimated to open expansion opportunities for the lubricating oil additives market.

Asia Pacific is likely to expand fast during the forecast phase. This is because of increased utilization of lubricating oil additives in India and China.

Lubricating Oil Additives Market

Information Source: Radiant Insights

Synthetic And Bio-Based Methyl Methacrylate Market Growth – To Grow In The Future

Methyl methacrylate (MMA) is colorless organic compound. It is produced for the production of PMMA (poly methyl methacrylate). MMA is primarily consumed in the manufacture of PMMA. Increasing applications of PMMA in medicine, automotives and construction are projected to augment the synthetic and bio-based methyl methacrylate market.

Increasing usage of the ingredients of MMA for manufacturing various chemicals, like methyl methacrylate-butadiene-styrene and some others serves as a huge opportunity for the synthetic and bio-based methyl methacrylate market. Also, the rising scope of MMA in knee replacement cement and bone fixing healthcare applications is anticipated to boost the market.

Rising awareness regarding the usage of synthetic chemicals and hazards of the same on environment are predicted to increase the demand for bio-based MMA. Strict regulations and the fluctuating prices of petrochemicals and petroleum are projected to hinder the synthetic and bio-based methyl methacrylate market. The bio-based MMA market is anticipated to grow significantly.

This is owing to the environment friendliness nature of bio-based MMA. In addition, rising demand for sustainable products, coupled with increased shelf life of consumer products is driving further demand for bio based MMA. Rising applications of bio based MMA in the medical sector is creating immense potential for the synthetic and bio-based methyl methacrylate market.

Globally, North America and Europe were the first and second largest markets in 2013. Asia Pacific is the fastest growing synthetic and bio-based methyl methacrylate market. This is as result of the growing plastics and chemicals sector in Indonesia, India, China and South Korea.

Information Source: Radiant Insights

 

Fly Ash (Cenospheres) Microspheres Market Growth – Size, Share, Trends and Market Forecast to 2022

Fly ash is lightweight and a chemically inactive hollow sphere. It is made primarily of alumina and silica and is a byproduct of coal combustion. Fly ash is generated when coal undergoes combustion in thermal processing machineries. These machineries primarily comprise ceramic units, like alumina and silica.

For Market Research Report on “Fly Ash (Cenospheres) Microspheres Market” Visit – http://www.grandviewresearch.com/industry-analysis/fly-ash-cenospheres-microspheres-market

The fly ash (cenospheres) microspheres market is estimated to witness decent growth in the coming years. This is as a result of the outstanding hardness, rigidity, waterproof and lightweight properties of fly ash. The key driving factors for the fly ash (cenospheres) microspheres market are rapid increase in consumer industries, technological improvements and better properties of fly ash as against other cenospheres.

The initial applications of fly ash (cenospheres) microspheres consist of plastic compounds. This is on account of the friendliness of fly ash with phenolic resins, epoxies, latex, polyesters, urethanes and thermoplastics. In addition, fly ash (cenospheres) microspheres are also used in specialty cements, paints, automobile parts & bodies, insulations and sports equipments.

Growing demand for fly ash (cenospheres) microspheres from the aforementioned application sectors is estimated to drive demand for the fly ash (cenospheres) microspheres market. Additionally, cenospheres also show other superior characteristics, including resistance to acids, low thermal connectivity, low water absorption and high particle strength.

These characteristics of cenospheres are expected to work well for the fly ash (cenospheres) microspheres market and boost it further. The market can be segmented into consumers and geographies. The consumers market includes automotives, constructions, ceramics, plastics, energy & technology and recreation.

The fly ash (cenospheres) microspheres market, on the basis of geographies, can be segmented into Asia Pacific, North America, Europe and rest of the world (ROW).

Fly Ash (Cenospheres) Microspheres Market

Information Source: Grand View Research

 

Captive Power Generation Market Growth – Technologies, Applications And Regions

Flourishing demand for power and existence of cross funding charge in the per component power production cost are the significant components that drive demand for the worldwide captive power generation market. Rising demand for power and growing modernization across the world are also responsible for propelling the captive power generation market further.

For Market Research Report on “Captive Power Generation Market” Visit - http://www.radiantinsights.com/research/captive-power-generation-market-in-india-2014-2018

Augmented worldwide population also steers the market ahead. Captive power generation is a power production plant installed by an individual or industry to cater to its personal needs. Awful power quality and demand for unfailing power are also predicted to drive demand for the captive power generation market. The market is projected to rise fairly in the years to come.

This is because of the components stated above. Additionally, boosting requirement for guaranteed power provision is anticipated to increase further demand for the market. The growing demand for the captive power generation market owes to escalating costs of electricity and rising worldwide demand for power. Also, the increased requirement for consistent and quality power is predicted to steer the market ahead.

Growing flexibility of fuels and decreased wastes are also projected to drive further demand for the captive power generation market. Growing investments in renewable sources of energy for power production are anticipated to propel further development in the renewable captive power generation market. Asia Pacific dominates the worldwide captive power generation market. It is estimated to rise to the maximum extent in the years ahead.

India adds most of the income to the Asian Pacific market. The captive power generation market can be split further into technologies, applications and geographies.

Captive Power Generation Market

Information Source: Radiant Insights

Baggage Scanners Market Growth – Observing Decent Growth By 2020 At CAGR Of 9.5%

The baggage scanners market is anticipated to register exponential growth in the years ahead. It is estimated to observe fast growth by 2020, at around 9.5 % CAGR. This is attributed to rising unethical acts and unlawful practices globally. Baggage scanners help in detecting unauthorized materials in various places, such as railways, stadiums, airports and many more.

For Market Research Report on “Baggage Scanners Market” Visit - http://www.grandviewresearch.com/industry-analysis/baggage-scanners-market

The prominent factors responsible for the growth of the baggage scanners market are increasing terrorism activities, growing security in aviation industry and governmental legislations regarding security and protection. However, high costs in the installation of baggage scanner machines and privacy concerns are likely to hamper the market over the coming years.

The baggage scanners market can be trifurcated into products, applications and geographies. The products market can be further split into biometric systems, electromagnetic metal detectors, x-ray screening, explosive trace detectors, liquid scanners and shoe scanners.

The baggage scanners market, on the basis of applications, can be categorized into airports, railways, public places, private sectors, border check points, governmental applications and educational institutes.

Geographically, the baggage scanners market can be segregated into North America, Europe, Asia Pacific, ROW (rest of the world). North America leads the market and is followed by Europe. This growth is attributed to strict governmental laws with regard to security. Additionally, huge research and developments in the field of baggage scanners are also expected to boost the market.

Asia Pacific is anticipated to experience higher growth than North America and Europe. This is as a result of rising unlawful activities and terrorism activities in India, China and Japan.

Baggage Scanners Market

Information Source: Grand View Research

Fungicides Market Growth – Anticipated To Expand To USD 15,694 Million By 2019

Fungicides are biological organisms or biochemical compounds that prevent or kill fungi spores. They control the growth of fungi that damage plants and farms. The fungicides market is anticipated to grow to USD 15,694 million by 2019. This is on account of increased demand for fungicides from the agricultural sector in Africa.

For Market Research Report on “Fungicides Market” Visit - http://www.radiantinsights.com/research/global-fungicides-market-size-regional-outlook-application-analysis-competitive-insights-and-forecasts-2014-to-2024

The key factors driving the fungicides market are increasing horticulture & floriculture sectors, decreasing arable land and improving farming technology. However, strict laws regarding the use of agro-chemicals are expected to hinder the market over the coming years.

Innovations in bio-based fungicides are expected to create huge opportunities for the fungicides market. This is due to rising awareness of bio-based fungicides and augmented environmental issues regarding the use of synthetic fungicides.

The fungicides market can be trifurcated into types, crops and geographies. The market, on the basis of types, can be further divided into triazoles, phenylamides, strobilurins, dithiocarbamates, benzimidazoles and chloronitriles.

The fungicides market, on the basis of crops, can be further segmented into fruits & vegetables, oilseeds & pulses, wheat and cereals & grains. Geographically, the fungicides market can be sliced into four key regions, North America, Europe, Asia Pacific and row (rest of the world).

Europe and North America represent the major regions of the fungicides market. This is on account of the high usage of fungicides for agriculture purposes in these two regions. These regions are matured and are expected to growth steadily over the coming years.

Asia Pacific is the fastest growing market. It is expected to show considerable growth in the years to come.

Fungicides Market 

Information Source: Radiant Insights

 

Offshore Rental Equipment Market Growth – Size, Share, Trends and Market Forecast to 2022

There is growing demand for price feasible solutions in the offshore gas and oil industry. This has caused prime companies (offering services) to spend capital on the offshore rental equipment market. Escalating gas and oil costs have caused demand for making the most out of gas and oil withdrawal from established fields. Majority of the equipments utilized in drilling spots are costly, thereby leading contractors to lease them in place of purchasing the same.

Rental equipments offer several benefits, like considerable savings and others. They assist in administering the directory effectively. Accessibility to funds and time is one of the primary apprehensions for offshore gas and oil services firms. Consequently, services firms choose to put equipments on lease on a regular basis. This is an immediate solution with least exposure to finance. The offshore rental equipment market is estimated to expand significantly in the years to come.

This is on account of escalating discovery operations in offshore sites. The offshore rental equipment market is propelled, mainly by increased demand for energy and growing spendings in deep offshore sites. The rising inclination of drilling suppliers to put equipments on hire rather than purchasing them is a gigantic component supporting further expansion of the offshore rental equipment market. However, various drilling firms frequently require personalized equipments.

These equipments are liable to augment the fiscal costs of rental companies. Such fiscal expenses and heavy preliminary costs serve as hindrances for the offshore rental equipment market. Also, with rising drilling operations in deepwater regions, the market is likely to increase further.

Information Source: Grand View Research

 

 

Feed Acidifiers Market Growth – Anticipated To Register A CAGR Of 5.3 % By 2018

Feed acidifiers act as stabilizers for different livestock. Of late, they have been getting wide recognition. This is because they are deemed decent replacements for antibiotics to aid further growth in animals. Feed acidifiers also enhance the health of animals and digestibility of feed.

For Market Research Report on “Feed Acidifiers Market” Visit - http://www.grandviewresearch.com/industry-analysis/feed-acidifiers-market

The feed acidifiers market is experiencing moderate growth. It is expected to register a CAGR of around 5.3% by 2018. This is on account of rising demand for highly nutritious foods, including milk and meat products.

The key factors driving the feed acidifiers market are huge demand for meat and dairy products and rising awareness about feed acidifiers. Also, feed acidifiers are used in treating intestinal problems of animals. This factor is expected to be one of the leading drivers of the market.

The feed acidifiers market can be categorized into livestock, types and geographies. The market, on the basis of livestock, includes aquatic animals, cattle, swine, poultry and other livestock. Poultry holds the largest market and is followed by the sector of swine.

The feed acidifiers market, on the basis of types, can be fragmented into formic acid, lactic acid, fumaric acid and propionic acid. Propionic acid was one of the largest segments in 2013. This was due to the huge availability and adequate supply of propionic acid that year.

Geographically, the feed acidifiers market can be categorized into Asia Pacific, Europe, North America and ROW (rest of the world). Europe and Asia Pacific are the most lucrative markets. In terms of revenue, North America was reported to be growing the fastest. This owed to technological improvements and rising demand for protein rich foods.

Feed Acidifiers Market

Information Source: Grand View Research