Increasing Expenditure and Growing Demand from End-Use Industries to Propel the Ceiling Tiles Market

Rapid industrialization and growing demand from various end-use industries are expected to support the growth of the global ceiling tiles market. Increasing adoption of ceiling tiles in residential projects is boosting the production of the same. In addition, growing awareness regarding education has led to increase in number of schools and colleges, resulting into rapid growth of the overall ceiling tiles market. Governments across developed nations are adding a great count in number of hospitals in order to solve the issues related to health, in turn allowing the global ceiling tiles market to find more demand.

Which are the core drivers and restraints influencing the nature of the market for ceiling tiles?
The global ceiling tiles market is likely to experience a positive impact on account of rise in retail houses, warehouses, hotels, and other commercial properties. Growing popularity and constant demand for eco-friendly building tiles are raising the production of ceiling tiles across the world. Additionally, benefits of ceiling tiles waste management which offers reduction of carbon content is predicted to enhance the market growth in the near future. Apart from this, ceiling tiles possesses acoustical properties, enabling them to be extensively used in drywall grid systems, offices, transportation terminals, hotels, and hospitals.
On the other side, fluctuating raw material prices are likely to hamper the growth of the ceiling tiles market. Complex environment regulations imposed by numerous agencies is also predicted to hinder the overall market growth of the ceiling tiles. However, leading market participants have invested majorly in research and development projected in order to develop price effective and high quality ceiling tiles products for constant growth.

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Which regions will prove most lucrative for ceiling tiles manufacturers?
In terms of geography, the global market for ceiling tiles can be segmented into major regions such as Europe, the Middle East and Africa, North America, Latin America, and Asia Pacific. North America region is dominating the ceiling tiles market from last couple of years and it’s expected to continue it in the near future. Asia Pacific region is one of the emerging ceiling tiles market owing to rising demand from growing economies such as China and India. This growth is attributed to increasing expenditure and improving infrastructure.
Furthermore, Europe region is expected to witness substantial growth owing to increasing demand from healthcare industry. The Middle East and Africa region is predicted to grow at steady rate in account of rising requirements from construction and education industry.

Which are the key players leading the global ceiling tiles market?

Leading players present in the global ceiling tiles market include SAS International, Armstrong World Industries, Inc., Saint-Gobain S.A., Techno Ceiling Products, MADA GYPSUM, Odenwald Faserplattenwerk GmbH, Knauf, and ROCKFON. Cota has developed a new cota ceiling tiles which is one of the biggest technological advancement happened in the global ceiling tile market. These tiles have ability to wirelessly charge a device, which makes them different from other tiles.

Adoption of Antimicrobial Nanocoatings Market in Defense Sector Keeps North America in the Lead

The antimicrobial nanocoatings market has been witnessing stupendous growth rate in world economy as awareness about preventive healthcare continues to be on the rise. The dynamic growth of this market will be attributable to the well-known advantages of nanotechnology and its subsequently growing applications in various industrial verticals. As the modern world braces itself to combat emergence of lethal diseases and disorders, it is seen to be in support of antimicrobial nanocoatings that can deliver incredible benefits, superior properties, and convenient usage.

Q. What are the key advantages of antimicrobial nanocoatings that are likely to drive the global market?
Antimicrobial nanocoatings have been extensively used by the U.S. Navy to prevent the growth of marine slime and algae. Thus, they are mixed with paints and applied on vessels. The demand for antimicrobial nanocoatings is also poised to rise in sectors such as consumer electronic devices and healthcare. The nano layer coatings are made up of layers upon layers of nano-scale antimicrobial coatings, which are known to combat antibiotic-resistant strains of various microbial pathogens. The booming automotive industry and the constant upgrades in the medical industry are expected to play an instrumental role in the development of the global antimicrobial nanocoatings market.

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Q. What are some of the prominent opportunities for the global antimicrobial nanocoatings market?
On the flip side, the global market is being stymied by the growing concerns about the environment and health due to the usage of nanocoatings. However, the market is expected to spring back from this setback as the demand for smart coatings has been fairly consistent in the automotive and electronics industry. The market is also expected to witness soaring uptake of antimicrobial nanocoatings in the cosmetics industry. These coatings are used in the cosmetics industry as functional, decorative, and temporary coatings.

Q. Which region is slated to lead the global market over the forecast period?
From a geographic point of view, North America is poised to dominate the global market in the coming years as the growth of the medical and healthcare industry is expected to show a consistent demand for antimicrobial nanocoatings. Furthermore, the high adoption of these coatings in the defense sector of the U.S. has also benefited the region in the past few years. Europe has followed North America’s lead closely as the electrical and automotive industry in this region has forever seek innovative materials to improve their products.

Analysts expect that the demand for antimicrobial nanocoatings in the food packaging industry is likely to create new opportunities for the global market in the coming years. The start of 2017 saw The European Union (EU) has award EUR7.7 million to international NanoPack consortium to develop a solution for improving shelf life of food by using unique antimicrobial surfaces. The three-year project will see NanoPack research on factors such as technological, scientific, safety, economic, and regulatory challenges of designing and commercialization of these materials.

Growing Demand from Healthcare Industry and Construction Field Driving Advanced Materials Market

Advanced Materials Market
The global advanced materials market is anticipated to grow substantially on account of rising demand for polymers, composites, ceramics, glasses, and metals in the various industries especially in the medical and construction field. The demand for composites and ceramics is on highest level amongst other advanced materials due to their wide applications. In addition, composite segment is likely to witness a rapid growth owing to increasing usage in construction oil and gas, and automotive industries. Furthermore, the requirement of ceramics is expected to remain high due to demand from rapidly growing healthcare industry.

Which factors can be identifies as key factors and restraints impacting the global advanced materials market?
A consistent research activities resulted in the development of advanced materials that are useful in critical applications such as bulletproof vests, artificial hearts, and shatterproof glass. It also find application in the field of spacecraft, computers, and aircraft that needs innovative materials. Increasing advancements in product development along with emerging technologies are likely to maintain consistent demand for advanced materials in the coming years. In addition to this, there is a rise in climate change statistics that increasing pressure from consumers, governments, and businesses to look for effective manufacturing techniques.
The growing investments on research and development activities is predicted to boost the growth of the global market for advanced materials. On the other side, the market could suffer by the high costs involved in the manufacturing process of advanced ceramics. Additionally, the demand for carbon is likely to suffer as its manufacturing cost is much higher than its conventional counterpart such as aluminum.

Which are the leading segments of the global advanced materials market?
On the basis of geography, the global market for advanced materials can be divided into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. The advanced materials market is consistently dominated by the North America and Europe regions. This growth is attributed to highest number of consumers and increasing technological advancements happening these regions. Asia Pacific and Europe regions are expected to witness a flourishing growth owing to fast pace of manufacturing industries in developing countries such as China and India.
The global advanced materials market is anticipated to emerge as one of the fastest growing markets across the world. The driving factors for this tremendous growth could be booming industrial developments and growing demand for end-use applications of these advanced materials.

Which are the prominent players operating in the global market for advanced materials?

The global advanced materials market is let by some of the key players present in the market such as Morgan Advanced Materials plc, Hexcel Corporation, Materion Corporation, 3M Advanced materials, and Huntsman Corporation. In the coming years, more number of inventions are expected to come to field of advanced materials that are likely to support the growth of the market for advanced materials. Rayonier Advanced Materials, leading advanced materials manufacturing company, on June 01, 2017, has acquired Canadian Paper Company that will them to expand their share in the market. They are currently working on the production of cellulose specialties. 

Software-defined Storage Market Takes Cue from Cloud-based Infrastructure Growth and Introduction of Hyper-scale Data

The global software-definedstorage market is analyzed to take hold of a towering growth in the foreseeable future with the mounting expansion of cloud-based infrastructure. Quite a few cloud-based developments are expected to birth as technology behemoths take over startups. For instance, the hybrid cloud storage partnership between Hewlett-Packard Enterprise (HPE) Co. and Hedvig, Inc. will produce a distributed storage platform that features HPE’s Apollo 4200 servers and Hedvig’s software-defined storage.

The advent of hyper-scale data in the recent time is prognosticated to bode significantly well for the development of the global software-defined storage market. Enterprises could witness a telling decrease in IT infrastructure cost as software-defined storage improves the performance of storage environments. February 2017 saw the acquisition of hyper-converged storage and server systems vendor SimpliVity Corp. by HPE for US$650.0 mn cash. HPE’s new offerings such as Synergy are anticipated to testify the integration of SimpliVity for composing and recomposing highly scalable software-defined storage for applications at enterprise level and scale.

Prominent market intelligence company Transparency Market Research (TMR) prophesies the global software-defined storage market to be worth US$48.18 bn by 2025, progressing from US$4.86 bn in 2016 at a staggering 29.2% CAGR between 2017 and 2025.

Which End Users Assure Strong Demand?

The world software-defined storage market is predicted to have attracted several end-use industries such as e-commerce, logistics and warehouses, high tech, healthcare, media and entertainment, education, manufacturing, telecom, and banking, financial services, and insurance (BFSI). However, BFSI could take a leading position in the world software-defined storage market as it looks to cash in on the pressing requirement of foolproof data backup plans and continue dominating until the next few years. Researchers envisage the BFSI market to expand at a colossal 29.4% CAGR during the said forecast period.

Nevertheless, rising expenditure dedicated for its advancement is prognosticated to help the healthcare market grow at a faster rate.

Which Regional Markets Exhibit Best Shares?

Higher acceptance of software-defined storage in the U.S. is envisioned to propel the growth of North America in the international market. Furthermore, solid presence of top vendors could fortify the demand in the North America software-defined storage market. Until the end of the aforementioned forecast period, North America could sustain its dominance in the international software-defined storage market.

Holding a considerable share in the international software-defined storage market in 2016, Asia Pacific is foretold to up its worth in the coming years. The expansion of the Asia Pacific software-defined storage market is assessed to be facilitated by the adoption of virtualization technologies. Latin America could also showcase a decent share with countries such as Brazil shining out in the regional market.

Besides HPE, International Business Machines (IBM) Corporation, Microsoft Corporation, Oracle Corporation, VMWare, Inc., and Dell, Inc. could make significant contributions to the worldwide software-defined storage market.

Smart Rings Market to Emerge from Shadows with Rise of Cloud Computing and Internet of Things

The global smartrings market is prophesied to reach new heights of success in the near future with the need for sharing and storing information using technologically developed wearable electronic gadgets. Such advanced devices enable secure transfer of digital information and reception of calls, videos, pictures, and other data. Users could also benefit from protected storage of contact data. One would say smart rings had made debut in one of the James Bond movies back in the 1900s when Roger Moore played the role. Well, the Bond gadget has become a reality now in common people’s lives and been raking in much demand in the recent time.

Transparency Market Research (TMR), a leading market intelligence company, foresees the global smart rings market to earn around US$11.44 mn by 2025. This could be a remarkable progress from just US$1.67 mn in 2016 at a 24.0% CAGR between 2017 and 2025. The upsurge of cloud computing and Internet of things (IoT) is projected to bode well for the development of the global smart rings market.

Which Operating System could Consumers Favor Most?

Despite the utter dominance of Microsoft and Apple in the operating system market, industry players are expected to fix their hopes on Google’s Android operating system for attracting a tangible growth. Leading analysts anticipate Android to secure a colossal share of approximately 57.0% in the world smart rings market by 2025 in respect of both volume and revenue. Some of the key factors that could be responsible for the popularity of Android are the mounting attractiveness toward Android smartphones and their affordability and convenience. However, the iOS operating system market is predicted to catch up speedily during the course of the forecast period.

Which Region could Reign over Market with Higher Growth?

Of all the major regions deemed significant for the growth of the international smart rings market, Asia Pacific could register a commanding share on the basis of volume as well as value. During the forecast period, Asia Pacific is prognosticated to exhibit a whopping CAGR of 23.2% to sustain its lead in the international smart rings market. In the foreseeable future, Asia Pacific could draw a telling demand owing to desperate efforts taken by the governments of developing nations to promote digitalization. Since the past few years, the regional smart rings market has attained a striking demand on the back of an impressive increment in the adoption of consumer electronics such as smartphones, tablets, and wearable devices.

Any company looking to advance in the worldwide smart rings market is recommended to have a close view of the competitive landscape. Top players such as Ringly Inc., Shanxi Jakcom Technology Co., Ltd., Moodmetric, Logbar Inc., and McLear Ltd. could be few of the toughest competitors to compete with in the long run.

Competitive Pricing Strategy by Domestic Players to Keep Competition High in Global Surgical Sutures Market

The demand for surgical sutures has remained steady over the last few years. This sustainable growth witnessed in the global surgical sutures market is enabled by the increasing number of surgeries conducted worldwide. Factors such as the rising geriatric population and increasing incidence of chronic ailments, besides willingness of people to spend on advanced healthcare have come to benefit of the global surgical sutures market. Considering the latest innovations in healthcare, coupled with growing awareness among public about the same, patients were never more inclined toward minimally invasive surgeries and speedy recovery. Healthcare providers are therefore compelled to offer technological advancements ascertaining improved tissue approximation and wound closure time.

In addition, recent improvements in healthcare facilities leading to the rising number of hospitals and clinics, especially in emerging nations, have augmented growth in the global surgical sutures market. According to TMR, the global Surgical Sutures Market is expected to report a CAGR of 3.9% between 2017 and 2025. At this pace, the market’s valuation will reach US$5.08 bn by the end of 2025.

Q: What are the strategies adopted by leading market players to stay competitive?

A: The top five companies held nearly 65% of the global surgical sutures market in 2015. These companies were Smith & Nephew plc, Acelity L.P. Inc., Medela AG, Integra LifeSciences Corporation, and Cardinal Health. Despite consolidation, price wars prevailing in the market has continued to remain intense as domestic players offer products at a competitive cost. Nonetheless, the aforementioned companies are forecast to hold strong foothold even in the forthcoming years as they offer a diverse product-portfolio. Furthermore, the leading companies boast a strong customer relationships, which have enabled them remain at the market’s fore.  

As a result of shrinking profit margins, besides threat of alternatives, companies are looking to expand their regional footprint. The high prevalence of cardiovascular diseases and other chronic illnesses has resulted in the increasing number of open-heart surgeries conducted in a given year. This provides the market players with considerable opportunities for capitalizing on in the coming years. For instance, in 2015, the medical world witnessed Medtronic acquiring Coviden plc., which a healthcare company based on Ireland. With this Medtronic aims at expanding their product portfolio and thus chances for consolidating market shares.

Q: Which region will prove most lucrative for enterprises operating in the global surgical sutures market?

A: Regionally, North America held dominance with a share of 35% in the market in 2016. Between 2017 and 2025, the dominance of the regional market is expected to remain intact, however, expansion will happen only at a 3.8% CAGR during the forecast period. High prevalence of cardiovascular diseases and chronic ailments and the subsequent rise in surgeries will enable growth in the North America surgical sutures market.

Asia Pacific is likely to emerge as a lucrative regional market as well. The rising awareness among people, besides increased investment in the healthcare sector will aid the surgical sutures market’s expansion in the region.

Rising Demand for Home Healthcare Products to Reflect Positively on Global Biopharmaceutical Logistics Market

With the significant growth in the biopharmaceutical sector, the global market for biopharmaceutical logistics market has been gaining significant impetus across the world. The augmenting demand for the home healthcare products is the key driver behind the growth of this market. In a bid to meet the ever-increasing demand from the pharmaceutical industry, vendors operating in this market have begun to introduce innovative and technologically advanced products, which is expected to reflect positively on this market in the years to come.

According to Transparency market Research (TMR), the opportunity in the global Biopharmaceutical Logistics Market was US$70.9 bn in 2015. The market is anticipated to proliferate at a CAGR of 6.20% between 2016 and 2024 and attain a valuation of US$120.7 bn by the end of 2024.

In this blog post, analysts at TMR answer a few important queries about the worldwide market for biopharmaceutical logistics:

What are the key factors that are influencing the performance of the global Biopharmaceutical Logistics Market?

The advent of the Cold chain carriers, together with the recent advancements in packaging technologies are boosting the global market for biopharmaceutical logistics significantly. The rise in the production and the consumption of biological drugs is also influencing the sales of biopharmaceutical logistics.

Over the coming years, the increasing production of targeted therapies, specifically developed as per the treatment requirements of a particular patient, is likely to fuel the demand for targeted logistics solutions, reflecting greatly on the market for biopharmaceutical logistics across the world. However, the high cost incurred in the transportation of biopharmaceuticals, specifically the temperature sensitive ones, may limit the adoption of biopharmaceutical logistics over the next few years to some extent.

Which of the geographical segments is anticipated to lead the global Biopharmaceutical Logistics Market in the near future?

Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa have surfaced as the main geographical sections of the global market for biopharmaceutical logistics. Europe and North America have been the dominant regional markets since the last few years and are anticipated to maintain their positions over the forthcoming years.

The high number of imports and exports of biopharmaceuticals and the introduction of advanced technologies for the improvement in warehousing and transportation in the supply chain are the key driving force behind the growth of the North America and Europe markets for biopharmaceutical logistics.

What are the strategies leading players adopt for their business expansion?

Established players, such as FedEx, AmerisourceBergen Corp., UPS, DB Schenker, and DHL, are investing heavily for the construction of production and servicing units across emerging economies to strengthen their presence. These players are also providing e-commerce, user-friendly shipping, and logistics management to enhance their visibility in the global market.

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