Anisole Market Size, Share, Analysis, Forecasts, 2022

The anisole market was worth USD 39 million in 2014. A recent study by Grand View Research, Inc. states the market to grow substantially from 2015 to 2022. This may be attributed to growing demand from end-use industries such as food & beverages, cosmetics, and pharmaceuticals. Anisole is used as a solvent and insect pheromone. It also acts as an intermediate in the manufacture of dyes and fragrances. Robust demand for creams and perfumes will positively impact the market.

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Favorable regulations that permit the addition of anisole into internally and externally consumed pharmaceutical products are also fueling the anisole market. Improvisation in production processes to manufacture superior products presents new market opportunities. However, inconsistent supply and fluctuating prices of raw materials can hamper the market in the next seven years.

The market is segmented into applications and geographies. The applications are pharmaceuticals, perfumes, and others. Pharmaceuticals are expected to grow at a CAGR of 4.3% from 2015 to 2022. Increasing health awareness and technological developments in emerging economies will contribute to this growth. Favorable policies pertaining to foreign direct investments in India and China will boost the pharmaceutical industry.

Perfumes dominated the applications segment in 2014. They accounted for more than half of the market that year. Germany, Italy, Saudi Arabia, Brazil, Mexico, U.K., France, and the U.S. are home to leading cosmetic manufacturers. This, coupled with growing domestic demand, will also steer the anisole market.

The geographies include North America, Europe, Asia Pacific, and Latin America and MEA – Middle East and Africa. Europe, with more than 29% share, was the dominant region in 2014. Urbanization, higher disposable incomes, and focus on grooming are resulting in high demand for perfumes. This, in turn, would raise market revenues.

Asia Pacific is estimated to grow at a CAGR of 4.8% from 2015 to 2022. Robust pharmaceutical sector in Brazil, Venezuela, Argentina, and Chile will further the Latin American market. MEA nations like Kuwait, Saudi Arabia, and U.A.E. face large demand for fragrances. The worldwide anisole market is fragmented and has some leading manufacturers.

Some of these manufacturers are Surya Life Sciences Ltd., Evonik Industries, Westman Chemicals Private Ltd., and Atul Ltd. Most participants produce anisole using electrophilic aromatic bromination technology.

Anisole Market

Information Source: Radiants Insights

Concentrated photovoltaic market Size, Share, Analysis, Forecasts, 2020

Concentrated photovoltaic market (CPV) is estimated to cross over USD 1 billion by 2022.This market is growing at an approximate CAGR over 13% from 2015 to 2022.The industry is expected to undergo rapid growth over the coming years. This is primarily due to increasing importance of renewable power generation sources especially in mature economies such as European Union and North America.

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Photovoltaic cell is an electrical device that converts light into electricity by photovoltaic effect. Technological development coupled with favorable government policies is expected to boost the CPV market further.

To generate electricity, concentrated photovoltaic technology makes use of lenses to collect huge amount of sunlight on small area. Concentrated photovoltaic systems provides several advantages such as low investment PV material and Solar cells. Due to smaller space requirements, they uses expensive multi- junction cell. Additionally, CPV systems require additional expenditure on cooling systems, concentrating optics and solar trackers.

Based on concentration levels, the industry is segmented into low and high concentrator photovoltaic (HCPV). Due to superior efficiency output, HCPV was the key product segment in 2014.This segment is expected to undergo fastest growth over the forecast period especially in developing countries such as South Korea, India and China. This is due to low manufacturing costs in the region.

Commercial and utility scale is the key applications in the market. Commercial is expected to be the rapid growing application segment. This is basically due to increasing power demand in developing economies such as Vietnam, South Korea, China and India.

Asia Pacific is anticipated to witness the highest growth over the next seven years owing to rapid industrialization in the region. The demand in the region is expected to grow at a CAGR of over 11.0% from 2015 to 2022. China is anticipated to become the major PV consumer in next seven years. Also, factors such as renewable targets by government, technology cost reductions and financial incentives will drive the CPV adoption in the region.

In 2014, Europe dominated the industry. Crossing over 16 MW of cumulative installed capacity, Spain led the region. Spain contributed over 70% of the worldwide CPV installed base in 2014.

Leading players in the concentrated photovoltaic market are adopting several strategies such as agreements and contracts to serve several industry sectors with broad geographic presence. Key players in the market are Magpower, Soitec, Semprius, SunPower Corporations, Zytech Solar, Suncor and Ravano Green Powers.

Concentrated photovoltaic market

Information Source: Radiants Insights


Ethanolamines Market Size, Share, Analysis, Forecasts, 2022

Rising demand from end-use industries such as textiles, herbicides, and detergents is expected to drive the ethanolamines market. Ethanolamine is broadly used as a feedstock in the manufacture of pharmaceuticals, detergents, and polishes. It is a flammable, colorless, corrosive, toxic, and viscous liquid material utilized in several solutions and dispersions.

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Increasing production of agrochemicals is likely to complement the market in the forecast period. The market is sliced into three sectors. These include organic compounds, applications, and geographical regions. On the basis of organic compounds, it is trifurcated into diethanoamine (DEA), triethanolamine (TEA), and monoethanolamine (MEA).

The applications are herbicides, textiles, corrosion inhibitors, detergents, personal care, construction chemicals, metal cleaning, gas treatment, and surfactants. Enhanced demand from these applications is also estimated to steer the ethanolamines market. Herbicides will surface as the dominating segment in the forecast period.

Gas treatment would grow considerably (at a CAGR of more than 5%) in the future. Novel applications like production of agrochemicals and preservation of wood offer new prospects to market participants. Asia Pacific would undergo maximum growth in the years ahead. This will owe to domestic demand from its end-users.

Rapid industrialization, coupled with strong economic growth in Thailand, Vietnam, India, and China would also contribute to the same. Additionally, low cost production and increasing per capita incomes will propel the region. The North American ethanolamines market is projected to exhibit high growth in the forecast period.

This is primarily due to strong demand from the applications of herbicides, detergents, and personal care. The U.S. is the biggest client of the region. Owing to market saturation across application segments, Europe would exhibit moderate growth in the seven years to come. Escalating consumption of herbicides and agrochemicals would strengthen the region.

Latin America and the Middle East & Africa are anticipated to experience considerable growth. Demand from the construction and personal care segments in both these regions adds to the same. Some of the dominating players in the ethanolamines market include BASF, Huntsman Corporation, CNPC, and Dow Chemical Corporation.

The others are INEOS Oxide Ltd., Celanese Corporation, Alkyl Amines Chemicals Ltd., and Fushun Beifang Chemical Co. Ltd.

Ethanolamines Market

Information Source: Radiants Insights



Fragrances market Size, Share, Analysis, Forecasts, 2020

Fragrance is the mixture of fixatives, solvents and aroma compounds that are commonly used to provide pleasant scent to the food, objects, animals and human body. Over the years, herbs and spices such as confifer resin, almond and coriander were used by people to provide scent to their food ingredient.

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The fragrances market is estimated to undergo a double digit growth by 2020.This industry   is undergoing growth of over 7% to 8 % annually during 2014-2020. Factors such as product diversification offered by companies and increasing disposable income of consumers will drive the market. Also, rising product visibility through online retailing will impact the market positively. Additionally, increasing visibility of organic compounds and natural gas is expected to fuel the market demand over the coming years.

However, high prices of these products restrict adoption among many consumers. This curbs the market growth. In order to restrain the rising prices, firms like L’Oreal SA have adopted several techniques such as introduction of eco-friendly products and gift hampers.

Different types of fragrances are deodorants, perfumes and others. Mass fragrances and premium fragrances are the type of end-use consumers in the market. On the basis of type of ingredient, the market is segmented into organic, synthetic and natural fragrances. Due to increase in consumer preferences for greener products, natural fragrances segment is likely to experience high growth.

Asia Pacific region is estimated to undergo tremendous growth over the coming years. Rising middle class population and disposable income are factors affecting the market growth positively. Also, changing consumer preferences for premium products will drive the fragrances market demand in the region.

National Bureau of Statistics China stated that, annual per capita disposable income of urban household in China augmented from USD 2,271 in 2008 to USD 3408.3 in 2012. Western Europe and North America are lucrative markets for synthetic fragnances.MEA is estimated to grow substantially contributing over 10% of the overall fragrances market during the forecast period.

Leading market players in the fragrances market are Clive Christian, Serge Lutens’Borneo, Clive Christian and Eau d Vert Eau de Parfum. Other players in the market are Revlon Inc, Christian Dior, Calvin Kelin, Bulgari S.p. A. Procter and Gamble, LVMH Group, Bourjois and Gucci.

Fragrances market

Information Source: Radiants Insights



Metallic pigments market Size, Share, Analysis, Forecasts, 2022

Metallic pigments market is likely witness CAGR over 6 % over the coming years. This is mainly due to high demand from rising automotive industry. Metallic pigment market is estimated to undergo strong growth due to high – demand from end-use industries like printing, paints &coatings, personal care and plastics. Metallic pigment provides corrosion resistance and is hence gaining popularity across various industries.

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Technological advancements have resulted in better visual appeal, wider application base and better product performance. These advancements will offer ample opportunities for market participants over the forecast period. As compared to other substitutes, metallic pigments have favorable environmental characteristics as they use low carbon units. These characteristics are expected to impact the market positively over the forecast period. Rising environmental awareness is expected to aid the global market over the coming years.

Key products in the industry are stainless steel, aluminum, copper and zinc. Other products are chromium and nickel pigments. Aluminum dominated the worldwide market in the past. Aluminum pigments are broadly accepted in printing inks and paints& coatings industry. Copper contributed for second largest market share globally. It is mostly used in applications in personal care and printing inks industry.

Paints & coatings application dominated the market globally. Architectural and automotive applications led the paints coatings market in the recent past. This segment is expected to dominate over the next seven years, especially in developing regions such as Central &South America and Asia Pacific.

Due to strong growth from end-use industries, Asia Pacific dominated the metallic pigments market over the recent past. Developing economies such as India & china are expected to lead the region. Briskly mounting population in the region will influence these economies grow further. Mature regions such as Europe and North America are expected to undergo a moderate growth rate .This is mainly owing to saturation of end-use industries and stringent environment regulations in the regions. Middle East & Africa and Central & South America are estimated to undergo above average growth rates and are considered as emerging markets.

Market players are heavily investing in R&D initiatives to reduce production costs and  to produce superior products .Leading market participants are Huntsman International LLC, Ferro Corp, The Shepherd Color. BASF SE and Toko Holdings.

Metallic pigments market

Information Source: Radiants Insights






Awnings Market Size, Share, Analysis, Forecasts, 2022

A new study by Grand View Research, Inc. predicts strong growth in the awnings market from 2015 to 2022 (forecast period). Rising demand for residential and commercial purposes is observed to be the key market driver. Urbanization and rising incomes are also triggering the usage of awnings, thereby steering the market.

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Awnings are durable and lightweight. They come in unique designs and need minimal maintenance. They are also resistant to water and stain. Additionally, they enhance the exteriors of buildings. These advantages are pushing commercial establishments like shops and hotels to use them.

Governments in developing regions like Asia Pacific, and Africa and the Middle East are promoting infrastructural developments. Leading players in Australia, India, Germany, China,   and the U.S. are investing in the development and manufacture of their products. Ongoing improvisations on these products will also have a favorable market impact.

Certain regulations restrict the size of awnings. These may inhibit the market. The research segregates the awnings market into products, applications, and regions. The products are retractable, vertical, and traditional/fixed windows. Retractable awnings face greater demand as they offer protection from sun-rays. They also reduce fading of the interiors and conserve energy.

Residential and commercial are the applications. Residential applications include decks, windows, doors, carports, and basement stairways. The regions comprise Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa (MEA). The Asian Pacific awnings market possesses immense potential owing to its expanding construction sector.

Coated fabric manufacturing units also prove favorable for regional growth. North America generates strong demand, especially in residential applications. Growing textiles industry in the U.S. and Canada will positively affect this region. Italy, Germany, Spain, Netherlands, Austria, and Switzerland will contribute sales for Europe.

These nations mostly utilize stationary, vertical, cross arm, window, terrace, and pergola awnings. Robust construction sector in these nations would also boost the region. Latin America and MEA will benefit from rising consumer disposable incomes. The worldwide awnings market is characterized by multiple participants and stiff competition.

Some of these participants are Global Awnings, SUNAIR Awnings, SunSetter Products, Awning Company of America Inc., and Durasol Awnings Inc.

Awnings Market

Information Source: Radiants Insights

Earthenware market Size, Share, Analysis, Forecasts, 2020

Earthenware market is likely to drive on account of rising generic fashion in home decorations. Earthenware is made from ceramic material. Also, it is mainly used for decorative purposes. Other uses of Earthenware comprise dishware and pottery for serving food. Modern crafts and amateur pottery are also termed as earthenware.

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Due to increase in trend of vintage and unique decorations in houses, worldwide earthenware market demand is expected to grow over the coming years. Niche markets such as high design decorative items are estimated to affect the overall industry growth positively.

Kitchen item such as Dinnerware are made from earthenware. These kitchen and table items are used for daily purpose. They account for considerable share globally and are likely to contribute significantly towards the worldwide earthenware demand over the forecast period.

As compared to vitreous tableware, Earthenware has low cost. These products are porous, coarse, easily breakable and opaque, while porcelain and bone china are nonporous and translucent in nature which makes then expensive.

Types of material used in blending earthenware are ball clay, china clay, quartz, kaolin and feldspar. China clay is the broadly used material in the global market. It is expected to impact the worldwide product demand in future.

Types of Earthenware in the market are faience, delftware, tin-glazed pottery, majolica, raku, delftware, terracotta and creamware. Depending on their properties, these segments have different applications.

Delftware comprises of ornaments, tiles and plates. These segments are white and blue in color and are found in Netherlands.

Creamware are broadly used as alternative for porcelains. This item has an inexpensive nature. Terracotta is porous in nature and is mostly used in waste water pipes. They are also used in terracotta figurines sculptures and Greece terracotta army.

Due high consumption rates in regions like Malaysia, China, Philippines, Thailand and Singapore, Asia Pacific led the regional market. This region is expected to grow at maximum CAGR over the coming years. Rising middle class population in aforementioned regions will affect the market growth.

Developed regions such as Europe and North America are likely to exhibit lethargic growth over the coming years.

Leading participants in Earthenware market are Kyocera, CeramTex, Asahi Glass, Stryker and CoorsTek. Manufactures are estimated to focus on strengthening of distribution network and logistics development in order to make more profit.

Earthenware market

Information Source: Radiants Insights



Fatty Methyl Ester Sulfonate Market Size, Share, Analysis, Forecasts, 2020

A new study by Grand View Research, Inc. predicts substantial growth in the fatty methyl ester sulfonate market from 2015 to 2022. This may be attributed to growing usage in manufacturing products. Some of these products are slurry, soap, house detergents, washing powder, liquid detergents, etc.

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Brazil, India, Thailand, China, Saudi Arabia, and the U.A.E. are witnessing huge demand for fatty methyl ester sulfonate in the sectors of personal care and detergents. This is chiefly due to increasing urbanization and incomes. Growing usage of compact powder, liquid dish wash, bars and creams, hand wash, and shampoo will also fuel the fatty methyl ester sulfonate market in the next seven years.

Fatty methyl ester sulfonate has high purity, is safe for the skin, remains stable in hard water, and has low di-salt content. It is also biodegradable and energy efficient. Moreover, it is more economical as compared to linear alkyl benzene sulfonate (commonly used by detergent manufacturers). This would prove beneficial for the market.

Availability of cheap raw materials, low toxicity, and low manufacturing costs are attracting market players towards this product. Leading manufacturers are hugely investing in the   production of fatty methyl ester sulfonate in Brazil, Malaysia, Africa, Singapore, Thailand, and China. They are attempting to develop technologically advanced and environment-friendly products.

Household detergents, with about 41% share in the total volumes, were the leading application in 2014. Personal care was the second-largest application that year. It is projected to grow at the fastest rate in the forthcoming years.

Europe dominated the fatty methyl ester sulfonate market in 2014. It accounted for more than 39% of the total volumes that year. Asia Pacific is an important market. Growth in consumer industries like oilfield chemicals, personal care, pharmaceuticals, and soaps/detergents in China and India will drive this region. A strong textile industry, coupled with economic development, will also have a favorable regional impact.

North America will experience considerable growth owing to several manufacturers in the region. The rising personal care and textile industries in the U.S. and Canada will create regional demand. Higher living standards, escalating disposable incomes, and consumption of personal care products will contribute revenues to Latin America and the Middle East and Africa.

Key participants of the fatty methyl ester sulfonate market include Jinchang Chemical, Huish Detergent, PEMEX Chemicals, Wilmar International, and Zhejiang Zanyu Technology Co. Ltd.

Fatty Methyl Ester Sulfonate Market

Information Source: Radiants Insights

Low emission vehicle market Size, Share, Analysis, Forecasts, 2020

Low emission vehicle (LEV) market size was valued over USD 30 billion in 2014.This market is expected to undergo a considerable growth from 2015 to 2022.Stringent environmental regulations for increased pollutants in industrial emissions are expected to stimulate product demand in upcoming years.

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Rising usage of individual transport vehicle coupled with growing population lead to significant increase in air pollution in metropolitan cities. Also, inefficient and old transport infrastructure has increased the vehicle emissions and traffic congestion.

Concerns’ regarding monitoring of intense traffic areas has been raised among government officials. This is mainly due to severity of air pollution in areas like schools, rail stations, hospitals and construction sites. These areas have high congestion during prime hours of the day.

Also, places such as warehouse, bus, ships and airport terminals witness incessant exhaustion. Apart from increasing monitoring duties, several regulations have been implemented that influence the type of fuel usage in vehicles. This has encouraged the market players to invest in developing low carbon technologies. It will also provide opportunities for improvisation in the automotive supply chain.

Low emission vehicle are likely to impact the growth of environment friendly automotive firms. Improvisation of automotive components to cater renewable fuels is estimated to drive innovations in manufacturing sector. Also, improvements in fuel efficiency will impact the manufacturing sector positively. In addition, recent development in biofuels market is projected to boost the decarbonisation in freight and aviation sector.

Electric vehicles (EV) cannot be dependent only on electric batteries. They require regular electric supply. Increased focus on low emission automobile offers opportunity for R&D initiatives in fuel efficient cars and buses. High manufacturing costs of LEV are anticipated to hamper the market growth.

Their manufacturing cost is reliable on degree of hybridization implemented in electric vehicles. Based on degree of hybridization, low emission vehicle market can be classified into battery powered EVs and full HEVs (Hybrid electric vehicles). Battery powered vehicles are reliable mainly on lithium ion batteries and nickel metal hybrid (NiMH).As compared to conventional ones, these vehicles offer longer usage time.

Pure electric vehicles have increased consumer acceptance in individual transport segment such as bicycles, scooters and cards. Electric powered vehicles with mild hybrid and plug-in-hybrid vehicles are estimated to gain considerable focus due to decrease in greenhouse gas emissions.

Low emission vehicle market

Information Source: Radiants Insights


Integrated Systems Market Size, Share, Analysis, Forecasts, 2020

The integrated systems market will be worth USD 24 billion by 2020, according to Radiant Insights, Inc. It was estimated at USD 3 billion in 2013. It would grow at a CAGR over 16% during the forecast period (2014 to 2020).

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The global market is driven by IT technologies such as cloud, big data analytics, and automation. Integrated systems have driven the integration of multiple systems on a single platform, thereby making it easy for end-users. The server and database are designed to work together to reduce work load and labor costs. All these factors will spur the market in the near future.

The initial costs of installation seem to be the only obstacle in the integrated systems market. Integrated platform/integrated workload systems, and integrated infrastructure systems are the major market products. Integrated infrastructure systems earned the highest revenue in 2013 and were valued over USD 3 billion. This has been confirmed by market players such as VCE (Virtual Computing Environment) and Cisco.

In terms of services, installation and integration held the largest share in the integrated systems market in 2013. This segment earned over USD 4.5 billion and expects to exceed USD 15 billion by 2020. Maintenance and support held the second-largest share in 2013. It will reach over USD 5 billion by 2020. However, this segment will face losses as the IT industry focuses on simpler solutions.

Banking Financial Services and Insurance was the largest end-user of the integrated systems market in 2013. It accounted for more than USD 2 billion and expects to exceed USD 7 billion by 2020. Retail is the fastest growing application and would lower the costs of store owners.

The North American market was the largest in 2013. It stood at more than USD 2.5 billion. The region is said to grow at a CAGR over 17% during the forecast period. Asia Pacific was the second largest market in 2013, and accounted for over 25% share.

The key players currently investing in the integrated systems market include Oracle, IBM, Hewlett-Packard, Huawei, Hitachi, Cisco, and VCE. They are implementing various strategies to gain profits and remain at the forefront.

Integrated Systems Market

Information Source: Radiants Insights