Press Releases

Global Automotive Composites Market Will Reach 7,019.7 Mn by 2022, With Polymer Matrix Composites Contributing Major Chunk

Jul 01, 2015

This is a major factor driving growth of the automotive composites market. Increasing urban population due to rising industrialization, particularly in developing countries such as India and China, is encouraging establishment of automotive manufacturing facilities in these regions. Increasing automobile production is expected to fuel the overall demand for carbon composites in the near future. In 2014, 16.5 million vehicles were manufactured in the U.S., compared to 15.6 million in 2013. Automakers are focused towards using lightweight materials to manufacture external and internal parts of vehicles in order to reduce vehicle weight, and in turn improve fuel efficiency.

Global Next-generation Antibody Therapeutics Market Will Reach US$ 6,761.1 Million by 2022

Jun 25, 2015

Next-generation antibody therapeutics refers to improved antibody therapeutics with enhanced efficiency, greater safety and improved delivery. Advancements in monoclonal antibody technologies have led to the development of next-generation therapeutic antibodies with reduced functional size, greater bifunctional properties, and low immunogenicity. Globally, the next-generation antibody therapeutics market is witnessing significant growth due to technological advancements in antibody therapeutics and increasing prevalence of chronic diseases.

Global Shavers Market Will Reach US$30 Billion by 2020

Jun 23, 2015

Focus on personal grooming is one of the key drivers for the global shavers market. Emphasis on clean-shaven look among men in urban areas is creating demand for shaving products.The global shavers market is also fuelled by the increasing trend of body hair removal among women. Shaving is an economical method of removing body hair as compared to waxing. PMR estimates this trend to fuel the shavers market during the forecast period. One of the key restraints for the shavers market is the recent trend of sporting facial hair. Whether it is a moustache, stubble, or full-grown beard, men are expressing themselves through their facial hair.

Global Osteoporosis Drugs Market Will Reach US$14.8 Billion by 2022

Jun 23, 2015

The global osteoporosis drugs market is witnessing significant growth due to rising geriatric population and changing lifestyles impinging bone health. Prevalence of osteoporosis is high among people aged 60 years and above. Moreover, increasing the prevalence of osteoporosis in postmenopausal women, growing awareness about osteoporotic care, and increasing investment in drug discovery and development are also driving the growth of the market. However, there are various side effects and complications associated with osteoporosis drugs such as heartburn, irritable bowel syndrome, nausea, and ulcers in the stomach or esophagus.

Global Scar Treatment Market Will Reach US$ 31,904.8 Mn by 2022

Jun 17, 2015

The global scar treatment market is witnessing significant growth due to rising prevalence of skin disease and growing expenditure on personal care. Moreover, technological advancements in scar treatment and increasing appearance consciousness among consumers are also driving growth of the market. However, high costs of advanced scar treatments and side effects of various treatments inhibits growth of the market. The scar treatment market is anticipated to grow from an estimated US$ 16,048.7 Mn in 2015 to US$ 31,904.8 Mn by 2022 at a CAGR of 10.3% during the forecast period.

Global Off-Street Parking Management System Market Will Reach US$ 5,726.7 Million by 2021

Jun 01, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Off-street Parking Management System - Middle East & Africa to Witness Highest Growth by 2021”, the global off-street parking management system market was valued at USD 3,393.9 million in 2015 and is expected to expand at a CAGR of 9.1 % from 2015 to 2021, to reach USD 5,726.7 million by 2021. Off-street parking is a parking facility, where the parking facility does not interact with the traffic flow on the road.

North America Will be the Most Dominant Region in Global Stevia Market by 2020

May 19, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Stevia Market - Beverages will Remain the Dominant Application Segment through 2020”, the global stevia market was valued at US$ 347 million in 2014 and it will expand at a CAGR of over 8% to reach a valuation of US$ 565 million by 2020. The global stevia market is fueled by increase in consumer awareness about the advantages of consuming low-calorie sugars and government initiatives on reducing sugar intake among the population.

Global Biopharmaceuticals Market Will Reach US$ 2,78,232.9 Mn by 2020

Jun 11, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Biopharmaceuticals: Asia to Witness Highest Growth by 2020”, the global biopharmaceuticals market was valued at US$ 161,851.6 Mn in 2014 and is expected to grow at a CAGR of 9.4% from 2014 to 2020, to reach an estimated value of US$ 278,232.9 Mn by 2020. Biopharmaceuticals are medicinal drugs, produced by isolation of the medicinal products from biological sources such as from animals, plants, humans and microorganisms, using biotechnological techniques such as recombinant DNA technology. 

Gas Leak Detector Market Will Reach US$ 3143.67 Mn by the end of 2020, Globally

May 18, 2015

However, lower profit margin due to intense competition, deferred investments in oil and gas might pose a challenge towards the growth of the global gas leak detector market.  Some of the major trends identified in the global gas leak detector market are use of internet of everything (IoT) and artificial neural network technology and gas leak detectors. 

Global Delivery Systems in Personal Care Market will Reach US$ 543,373.2 thousand by 2020

May 12, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Delivery Systems in Personal Care - Asia to Witness Highest Growth by 2020”, the global personal care delivery system market was valued at US$ 345,287.3 thousand in 2014 and is expected to expand at a CAGR of 7.8% from 2014 to 2020, to reach US$ 543,373.2 thousand by 2020. The skin is one of the most important and largest organs of the human body. The personal care industry is constantly working towards developing effective products to maintain the health and beauty of this organ.

Global Home Care Chemical Market will Reach US$ 21.1 billion by 2020

May 08, 2015

Persistence Market Research (PMR) announces the release of its latest report titled, “Global Market Study on Home Care Chemicals: Asia Pacific to Witness Highest Growth by 2020”. According to the report, the global home care chemicals market was valued at US$ 16.1billionin 2014. The global home care chemicals market is expected to reach US$ 21.1billionby 2020, registering a compounded annual growth rate of 4.6% through the forecast period. Moreover, increasing use of green products and eco-friendly formulations is set to gain pace in global home care chemicals market.

Global Heart Valve Repair and Replacement Market Will Reach US$ 4,712.7 million in 2020

Apr 28, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Heart Valve Repair and Replacement: Asia Pacific to Witness Highest Growth by 2020,” the global heart valve repair and replacement market was valued at USD 2,945.2 million in 2014 and is expected to grow at a CAGR of 8.1% from 2014 to 2020, to reach USD 4,712.7 million by 2020. The global heart valve repair and replacement market is witnessing significant growth due to growing geriatric population, change in lifestyles, and associated conditions leading to cardiovascular disorders.

Global Electric Bus Market Will Reach an Estimated Volume sales of 33,854 units by 2020.

May 11, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Electric Bus: Asia Pacific to Witness Highest Growth by 2020”, the global electric bus market is expected to grow at a CAGR of 28.0% during 2014 to 2020, to reach an estimated volume sales of 33,854 units by 2020. Governments of various countries are focusing on no or low pollution transportation systems to tackle rising pollution. This, in turn, is driving the electric bus market. Based on drive system, electric buses are categorized as pure electric, hybrid electric, and plug-in hybrid.

Global Corrugated Packaging Market Will Reach US$ 173.6 million by 2020

Apr 27, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Corrugated Packaging: Glassware and ceramics application to witness highest growth by 2020”, the global corrugated packaging market is expected to grow at a CAGR of 4.0% during 2014 to 2020, to reach an estimated USD 173.6 million by 2020. The corrugated packaging market is thriving mainly due to growing end-user industries, including food, medicine, consumer durables, rubber, and petroleum. Benefits associated with corrugated packaging such as sustainability and low cost makes it one of the preferred modes of packaging across various industries

Global Uveitis Treatment Market Will Reach US$ 822.5 million by 2020

May 08, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Uveitis Treatment: Asia to Witness fastest Growth by 2020,” the global uveitis treatment market was valued at USD 539.0 million in 2014 and is expected to expand at a CAGR of 7.3% from 2014 to 2020, to reach USD 822.5 million by 2020. Globally, the uveitis treatment market is witnessing significant growth due to increasing prevalence of uveitis and related complications, and increasing aging population. 

Dietary Supplements Market Will Reach US$ 179.8 Billion, Globally in 2020

Apr 23, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Dietary Supplements: Botanical Supplements To Be The Largest Market by 2020,” the global dietary supplements market was valued at USD 109.8 billion in 2013 and is expected to grow at a CAGR of 7.4% from 2014 to 2020, to reach an estimated value of USD 179.8 billion in 2020. A growing interest in healthy lifestyle is leading to an increase in the consumption of healthy food. Dietary supplements are the best choice for consumers looking to adopt a healthy lifestyle.

Global Compression Therapy Market Will reach US$ 3,232.3 million by 2020

Apr 22, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Compression Therapy - Asia to Witness Highest Growth by 2020”, the global compression therapy market was valued at USD 2,377.8 million in 2014 and is expected to expand at a CAGR of 5.2% from 2014 to 2020, to reach USD 3,232.3 million by 2020. Compression therapy is a procedure entailing the delivery of external force to tired and aching legs and other relevant anatomical targets where compression is required for management

Global Cleanroom Technology Market Will Reach US$ 4,290.1 million by 2020

Apr 10, 2015

Cleanroom refers to an enclosed space constructed in such a manner so as to control the concentration of airborne particles such as particulates (dust, hair), chemicals (oil, grease), microorganisms (bacteria, fungus), and radiations. Additionally, temperature, humidity, pressure, electrostatic charge, magnetic flux, and other factors in cleanrooms can also be maintained as per the requirement. Globally, the cleanroom technology market is witnessing significant growth due to growing regulatory concerns regarding the packaging, manufacturing, and processing of better quality products, and safety of the working personnel.

The U.S. Beauty Device Market Will Reach US$ 25,375.7 million by 2020

Apr 10, 2015

The U.S. beauty devices market is witnessing significant growth due to rise in geriatric population, as these beauty devices help reverse skin aging. Moreover, increasing prevalence of obesity resulting in cellulite accumulation and skin diseases, and harmful effects of ultraviolet radiation are also driving the market. However, there are various risks and complications associated with beauty devices such as bruising, swelling, and redness. Furthermore, wide availability of easy-to-use beauty products inhibits the growth of the U.S. beauty devices market.

South Africa UHT Milk Market Will Reach US$ 1185.3 million in 2019

Apr 10, 2015

South Africa is a major dairy-consuming country in the African region where liquid milk accounts for approximately 60% of the total dairy product consumption. The pasteurized milk market in the country has been declining, whereas the UHT milk market is growing at a rapid pace. The UHT milk market in the country is expected to exhibit a double digit CAGR during 2013 - 2019. The increasing acceptability of UHT milk among all economic classes of the country has been a major driver for the growth of this market. Among provinces, Gauteng dominated UHT milk sales in South Africa; however, with rising urbanization in other provinces, its share is expected to decrease during the forecast period.