Thursday, 26 April 2018

Butyl Rubber to Deliver High Strength and Heat Resistance in Tires

Growing requirement for high-end components in automobiles owing to consumer awareness is anticipated to propel demand for butyl rubber tires. Such tires are expected to offer unique durability and heat resistance made possible due to physical and mechanical attributes of butyl rubber.

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Latest Bicycle Tires Better Equipped to Handle High Speeds

Major applications variants of butyl rubber are adhesives, stoppers, sealants, industrial & medical gloves, and tires & lubes. In the coming years, the tires & lubes segment is expected to witness significant growth owing to rising demand for automobiles and quality tires. Tires made from butyl rubber are likely to offer high tear strength and heat resistance. Such effective properties are estimated to drive demand for tires made from butyl rubber in the coming years. To cater to rising demand, most companies are focusing on R&D investments and other strategies to offer quality tires for consumer use.

For instance, Goodyear is expected to offer rubber parts made from butyl polymer (Synthetic Rubber) such as gaskets, fuel & oil seals, and floor mats to automotive companies. The company recently entered into line of bicycle tires and launched a wide range under different categories such as mountain, gravel, road, and commuter bikes. Firstly, eagle-all-season tire is expected to offer good grip under versatile conditions. Its reinforced casing is likely to improve flat resistance. Secondly, peak is expected to be light tread and fast tire for mountain bikes. Thirdly, escape is all purpose trail tire for mountain bikes only.

Market Insights

The global butyl rubber market is projected to exhibit significant volume by 2021, according to a report on Radiant Insights, Inc. Growing demand for automobiles with high-quality tires can influence growth of the market in the coming years. High volatility in prices of natural rubber is anticipated to propel market growth. Increasing consumption of synthetic rubber as compared to natural rubber is likely to stimulate growth of the market in the next few years. Benefits offered by butyl rubber such as durability, heat stability, and consistent inflation pressure can drive market growth during the forecast period (2017 to 2021).

Some of the leading companies offering butyl rubber are Yanhua Petrochemical Company, Reliance Industries Ltd., Timco Rubber, Kiran Rubber Industries Pvt. Ltd., and Japan Butyl Company.

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Parkinson’s Disease Drugs for Treating Motor Fluctuations & Dyskinesia

Parkinson’s disease (PD) drugs play an important role to treat disorders disturbing motor neuron activities including depression, dementia, tremor, and rigidity. The risk of the disease may increase with age and it mostly affects individual over fifty years of age.

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Development of Drugs to Treat CNS Disorders to Boost Demand

Several therapies used to treat PD include dopamine agonist therapy, levodopa therapy, COMT inhibitor therapy, MAO-B inhibitor therapy, and others.

The levodopa therapy segment is expected to account for the largest share till 2022. It is widely adopted as it is considered as the strong treatment for PD. The benefits of the therapy can be observed quickly after administration. For instance, Adamas Pharmaceuticals’ amantadine extended-release capsules called Gocovri has received approval from the U.S. Food and Drug Administration (FDA) in 2017. The drug can be used to treat dyskinesia among patients who are currently undergoing levodopa-based therapy, with or without associated dopaminergic drugs.

The dopamine agonist therapy segment is likely to show strong growth from 2017 to 2022 as the therapy is effective in treating central nervous system (CNS) disorders caused due to hypodopaminergic conditions. It applies its anti-parkinsonian ability by stimulating the postsynaptic dopamine receptors and can improve motor functions at initial stage of PD. High usage of dopamine drug among the general physicians is growing due to therapeutic benefits witnessed during treatment of dyskinesia and motor fluctuations.  

Market Overview

According to a report made available by Radiant Insights, Inc.; the global Parkinson’s diseases (PD) drugs market is anticipated to display substantial growth by 2022. Rise in elderly population, high occurrence of neurogenerative diseases, research and development efforts, and pipeline of numerous drugs can impel the market over the projected period (2017 to 2022). Additionally, growing awareness regarding the disease and growing expenses for research and development (R&D) can boost market growth. Patent expiration of many drugs and high cost of treatment can restrain the market growth.

Key companies operating in the market include Acadia Pharmaceuticals Inc.; Valeant Pharmaceuticals International, Inc.; Abbvie Inc.; Impax Laboratories, Inc.; and Merck & Co., Inc.

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Friday, 20 April 2018

Opioids Market Analysis By Product, Application, Region And Forecasts to 2025

The global opioids market size is estimated to reach USD 34.96 billion by 2025, exhibiting a CAGR of 4.8% during the forecast period. Growing geriatric population, coupled with increasing focus on palliative care, is estimated to boost the market. Moreover, increasing number of acquisitions and collaborations by market players is expected to drive growth.

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Furthermore, rising prevalence of disease conditions with chronic pain, such as cancer, lower back pain, arthritis, and fibromyalgia is driving the market. Substantial rise in road accidents and trauma, coupled with constantly increasing cases of surgical procedures, is also driving demand for opioid-based pain management solutions.

North America is leading the opioids market with a share of over 56.0% in 2016. One of the major reasons for its dominance is rising geriatric population with terminal conditions, such as rheumatoid arthritis. However, opioid abuse in U.S. has been rising at an alarming rate. Overdose of opioids has killed over 28,000 people in 2014 alone. Almost half of those deaths were caused by prescription opioids. Hence, opioid abuse has been declared a "public health emergency" in U.S., and this is likely to limit the growth of opioids in North America.

Further key findings from the report suggest:
  • Extended release opioids were the largest product segment in 2016 due to its high usage in chronic pain management
  • Anesthesia is estimated to be the fastest growing application segment over the forecast period due to factors such as safety and high drug efficacy
  • Cancer pain was the largest pain relief segment in 2016 owing to global increase in prevalence of cancer
  • North America was the largest region in 2016 owing to local presence of key players and increasing adoption of opioids for pain management
  • Europe was the second-largest segment in 2016 due to factors such rising geriatric population
  • Asia Pacific is expected to witness fastest growth over the forecast period due to increase in geriatric population, coupled with increase in focus on palliative care
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  • Some of the key players are Purdue Pharma L.P; West-Ward Pharmaceuticals Corporation; Allergan; Pfizer, Inc.; Janssen Pharmaceuticals, Inc.; Egalet Corporation; and Sun Pharmaceutical Industries Limited
  • Most key players are focusing on entering untapped regions and expanding their product portfolios.

Real Estate Market Opportunities, Structure and Competitive Landscape to 2025

The global real estate market is expected to generate a revenue of USD 4,263.7 billion by 2025. Factors such as the increasing demand for housing real estate space, rapid urbanization through migration in search for better amenities. Rapid economic development in the developing regions and countries like India, China, and many African countries has enhanced income levels and helped in the real estate market.

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Real estate market involves buying, selling and renting, leasing of property and condominiums for commercial and personal household usage. Commercial real estate business had grown exponentially in the last decade owing to increased number of key players entering the regional market as well. Government reforms, lower rentals, mortgage rates in the developing countries is likely to boost the market over the forecast period

According to United Nations, approximately 50% of the population lives in urban areas and this figure is set to reach up to 65% in the forecast period owing to the migration into cities which turn into megacities with bustling urban amenities and lifestyle.

Further key findings from the report suggest:
  • The market is driven by rapid urbanization through migration to find better amenities thus increasing the demand for urban home spaces
  • Real estate spaces for commercial, retail, industrial and healthcare infrastructure are in high demand with increasing urbanization
  • Political uncertainty is hampering the market growth to an extent due to hesitation from the investors due to unsure returns and initiation of the projects
  • Asia Pacific and Middle east are the hotspots for real estate development and investment supported by large population and favorable regulations by the governments
  • North America, Asia Pacific and Middle East Asia are set to witness considerable growth in demand for personal real estate spaces over the forecast period driven by the increasing population and favorable reforms from the government bodies
  • Some of the leading real estate companies are Central General Development CO., Ltd., Equity Residential, Grainger Plc, Dalian Wanda Group, LeadingRE, Aston Pearl Real Estate and others.
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Wave and tidal energy market size is expected to reach $ 3.9 billion by 2025

The global wave and tidal energy market size is expected to reach USD 3.9 billion by 2025, exhibiting a 42.5% CAGR during the forecast period. Need to reduce dependency on fossil fuels, increasing investments, and supportive government regulations are likely to fuel market growth over the coming years.

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The renewable energy sector has witnessed significant expansion in terms of installations worldwide in 2016. The capacities in wind, marine, solar, waste-to-energy, small geothermal and hydro sources, and biomass combined added up to 138.5 GW in 2016, up from 127.5 GW in 2015. Investments in electricity generation through novel renewable sources was twice in comparison to fossil fuels.

Ocean energy is witnessing significant development in terms of new projects in various economies including U.K., Ireland, Sweden, Portugal, Thailand, India, Japan, China, Canada, and U.S., which is likely to fuel market growth over the coming years. However, high cost and socio-economic and environmental barriers are likely to restrain the development of the market over the forecast period.

Further key findings from the report suggest:
  • The wave energy segment is likely to register significant growth in the coming years on account of extensive R&D and new project developments in numerous economies including Ireland, Sweden, Portugal, U.S., China, and New Zealand
  • The tidal segment dominated the market on account of high technological know-how. However, environmental concerns related to the technology are likely to restrain its growth
  • Asia Pacific is expected to be a lucrative market for the technology on account of supportive government initiatives
  • The number of companies in the global wave and tidal energy market has registered an increase in recent years. These companies are constantly making significant efforts to advance their technologies and deploy novel and improved equipment
  • R&D, new project developments, partnerships, and acquisitions are some of the major strategies being adopted by companies in the industry. In November 2016, BPS developed an ocean wave forecasting system for efficient operation of wave energy projects. This technology can also be used for fishing, aquaculture, diving, and oil and gas operations.

Wednesday, 18 April 2018

Latest Trends and Technologies in Commercial Aircraft Maintenance

Aircraft maintenance is an important process to ensure that an aircraft performs all its intended functions successfully. A typical process generally consists of a combination of corrective and preventive actions including precautionary actions in order to confirm that there are no unidentified chance failures. Apart from unscheduled actions and scheduled or preventive actions to anticipate and prevent failures, the process also includes inspection tasks for monitoring the progress of wear out processes.

Innovative Trends in Commercial Aircraft Maintenance and Repair

Constant developments along with innovative trends in the field of aircraft maintenance and repair are responsible for the rapid rise in demand for aircraft maintenance systems on global scale. For example, emergence of the Augmented Reality (AR) technology is accelerating the maintenance training activities. In a recent development, TAE Aerospace, one of the leading Maintenance, Repair, and Operations (MRO) companies, recently launched a new wearable virtual assistance system enabled with the AR technology.

The technology behind the new AR-integrated device called Fountx was developed by an Australian research firm called the Commonwealth Scientific and Industrial Research Organization (CSIRO), which also introduced Wi-Fi to the world. The new wearable system provides experts and professionals the ability to remotely assist their technician teams in real-time. The developers say that this device can effectively improve the productivity and capability of maintenance professionals. It also helps decrease the maintenance downtime while boosting the quality and accuracy allowing experts to perform the required tasks quickly and safely.

Market Overview

The worldwide commercial aircraft maintenance market is predicted to witness a substantial development during the forecast period (from 2017 to 2022); finds a study available on Radiant Insights, Inc. Rapid expansion of the market is attributed to the factors such as entry of new airline services and growing aircraft fleet of many prominent airline service providers. Furthermore, increased spending capacity of consumers, due to high disposable income, and rising number of low-cost carriers (LCCs) has resulted in an augmented demand and preference for air travel. This is also likely to boost the market growth in near future.

Beijing Andawell BGA Engineering and Technology Co., Ltd.; Air France Industries KLM Engineering & Maintenance; Zhejiang SinusIridum General Aviation Engineering Technology Co., Ltd.; and Hong Kong Aircraft Engineering Co. Ltd. are the key service providers in the global market.

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Tuesday, 17 April 2018

Driverless Tractors to Boost Agricultural Productivity in Tough Conditions

Driverless tractors are equipped with various high-tech features allowing the machine to increase productivity and deliver quality crop yielding. Use of autonomous tractors can protect farmers from exposure to harsh climatic conditions and health hazards resulting from insecticides. Growing necessity for advanced machines to perform time-consuming operations in farming owing to high labor costs is anticipated to propel demand for driverless tractors.

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Autonomous Tractors to Offer Advanced Operational and Safety Features

Major application variants of driverless tractors are agriculture, forestry, and others. In the coming years, agriculture segment is likely to contribute to maximum revenue generation owing to increasing demand for autonomous tractors among farmers. To cater to rising demand, most manufacturing companies are introducing tractors equipped with advanced technologies to support farming.

For instance, Mahindra and Mahindra recently launched its first autonomous tractor in India. This advanced machine is expected to be manufactured at the company’s hub of innovation and technology in Chennai named Mahindra Research Valley (MRV). The tractor is likely to offer some unique features to support farming such as auto-implement lift, skip passing, auto steer, and auto-headland turn. It can also avoid accidental situations via its unique safety features such as remote monitoring, geofence lock, and remote start/stop of engine.

Market Insights

The global driverless tractors market is expected to display phenomenal growth in terms of volume by 2022, according to a report on Radiant Insights, Inc. Capability of self-driven tractors to identify hurdles such as humans, animals, and objects while operating in the field can spur market growth. High labor costs in farming and rising demand for vegetables and grains is likely to propel growth of the market over the forecast period (2017 to 2022). Increasing adoption of autonomous machines to perform time-consuming tasks in faming can fuel market growth. High demand for machines offering high efficiency, productivity, and reliability while performing agricultural tasks can impel market growth. Continuous development of technologically advanced robotic products can further fuel growth of the market in near future.

Some of the prominent companies operating in the market for driverless tractors include Kubota, CNH Global, AGCO, Autonomous Tractor Corporation, and John Deere.

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