Winds of Change: More than 30% of New Energy in U.S. Coming From Wind Power

The years of relentless research and development in the sector of wind power have made the industry highly sophisticated in the United States. According to a recent report released by the U.S. Department of Energy examining the overall state of clean energy technologies in the country, the swiftly rising stake of wind power in the country’s overall energy mix is highlighted. The report states that between 2008 and 2014, wind power accounted for a 31% share in the overall new power generation capacity added in the country. As of 2014, utility-scale onshore wind power production projects deployed across 39 states of the country had a combined capacity of more than 65,000 MW – enough to meet the electricity needs of more than 16 mn households. Projects that would add another 13,000 MW capacity were under construction by the first quarter of 2015.

The Rise and Rise of Wind Power in the U.S.

Wind power contributes to nearly 4.4% of the total electricity generated in the U.S. and the continuous upsurge in wind power generation capacity has yielded significant benefits for the country – it has reduced the annual water consumption of the country by more than 36 bn gallons and the annual carbon dioxide emissions by more than 115 mn metric tons. The U.S. currently ranks second in terms of cumulative wind power generation capacity. 23 states in the U.S. have nearly 500 MW of onshore wind power projects installed, and wind power exceeds 10% of the overall in-state electricity generation capacity in nine states. 

Continued advancements in technology and the development of taller wind towers with longer blades and advanced turbines are making wind power more cost-competitive and efficient in the country. The U.S. DoE projects that owing to these developments, the wind power output of the country could rise by 67%.

Sustained Investments Aimed at Improving Wind Technology Pave Way to Cheaper Wind Power in the Country

Multiple factors, such as the DoE’s sustained investments in wind power for honing the technology and enabling the development of longer blades and taller turbines, and the installation of new transmission projects, have led to a significant reduction in wind power prices in the country over the past few years. From 7 cents per kWh in 2009 to an average of 2.4 cents per kWh in 2014, the sector of wind power has transformed into one of the most cost-effective power sources in the country. The excellent positioning of projects in the central part of the country is also a factor why wind power prices have become so affordable.

The rising coordination between grid operators and wind power producers has also improved the ability of the grid to accept higher levels of wind power. Federal policies are also assisting the increased deployment of investments in the U.S. wind power sector. Together, these attempts are assisting the development of the wind energy market in the U.S. and making wind power a larger contributor in the rapidly transforming U.S. energy production portfolio. With the favorable regulatory scenario, a continuous rise in investments for R&D activities, and newer projects being deployed on a regular basis, it will be no surprise if wind power accounts for the projected 20% share in the country’s overall electricity consumption by 2030.

Rising Need for Energy Drives Global Plastics to Oil Market

The inevitable march of the world towards urbanization and industrialization has produced many boons for mankind, but it has also created one of the greatest evils mankind has had to face: plastics and, more importantly, plastic waste.

Plastics are organic polymers that have gained massive popularity in the modern world due to their flexibility of application and design. They can be molded into virtually any shape imaginable, they are largely inert to chemicals, and provide excellent barrier properties against moisture, thermal radiation, dirt, etc. Due to these properties, plastics are commonly used in various applications, such as in construction, packaging, furniture, and toys.

However, the widespread usage of plastics, particularly in applications that almost necessarily entail the creation of waste materials, such as packaging, has resulted in growing volumes of plastic waste. Even though most plastics are nominally organic polymers, they are not biodegradable. This causes plastic waste to accumulate in dumping sites, causing pollution. Recycling plastic is a feasible solution of disposing of plastic waste, since plastic is moldable into various shapes and durable, but the conversion of plastic waste into oil has emerged in recent years as a promising solution to get rid of plastic waste.

Availability of Recycling Avenues Driving Plastics to Oil Market in China, Japan

Asia Pacific giants China and Japan are among the largest consumers of plastics on a global level, in addition to being home to the 2nd and 3rd largest consumer markets in the world (in 2013, according to the UN Statistics Division). This leads to massive volumes of plastic waste. These two countries have among the largest plastic recycling systems in the world and have introduced it on a commercial level. Plastic waste from other countries such as India, Australia, and many African and Latin American countries is often sent to China for recycling.

The availability of cheap labor in these countries, particularly China, aids the recycled plastics and plastics to oil market, since significant manpower is needed to sort plastic waste before it is either recycled or converted into oil.

However, recycling practices in China have recently come under the scanner after it emerged earlier this year that China is responsible for up to 30% of the world’s plastic pollution in oceans.

Demand for Power Drives Plastics to Oil Market

The rising global population and the consequent hike in the demand for energy has fueled the demand for plastics to oil conversion. Since natural reserves of petroleum are dwindling and unconventional oil and gas extraction methods have gained momentum, the easy availability of petroleum through plastics hasn’t gone unnoticed. Plastics are made of petrochemicals and thus can be converted into usable petroleum fuels.

The rising demand for energy all over the world will continue to drive the global plastics to oil market in the coming years.

Enhanced Lifespan of Industrial Equipment Encourages Utilization of Specialty Coatings

The utilization of specialty coatings is touted as the formidable solution for optimal protection and aesthetics of industrial and commercial commodities. The use of specialty paint systems such as corrosion-resistant primers and coatings aids in extending the life of steel structures that have been developed to abide with industrial environmental mandates and to offer improved performance durability.

What Are Specialty Coatings?

Specialty coatings are meant for distinctive end use, such as in the ornamental iron industry, the electrostatic industry, and the propane industry, to name a few. The capabilities of these coatings lie in meeting the basic function of a topcoat, primer, or self-priming coat, and to deliver additional performance as required in specific applications. Additional benefits offered by specialty coatings include fire resistance, antireflection properties, sealing, enhanced corrosion protection, substrate compatibility, temporary screening and marking, and adhesively joining products, among others. 

The assortment of specialty coatings, which includes a wide selection of shades and industrial OEM finishes, are suitable for both onsite and shop floor painting needs. By the base material used in specialty coatings, epoxy, polyamide, alkyd, and acrylic urethane, among others, are the segments into which the specialty coating market is divided. The large variety of specialty coatings is utilized across industries such as OEM paint, refineries, petrochemical, power, railway, fireproofing, marine, oil and gas, aerospace and defense, pipeline, pulp and paper, water and wastewater, and architecture.

Specialty Coating Market –an Overview

In a recent study carried out by Transparency Market Research (TMR), analysts have charted the factors that will influence the growth of the specialty coating market in the coming years:

  • The consistent growth of the paint and coating industry, which is expected to rise at a CAGR of above 5.0% from 2015 to 2020, will be beneficial for the specialty coating market. The use of paints and coatings for industrial applications such as machinery, protective coating, automotive, and marine is boosting demand for specialty coatings. 
  • Specialty coatings are suitable for end uses such for water and wastewater treatment and piping systems, which are becoming increasingly important thanks to the ongoing rise in the global population. This will further open opportunities for growth of the specialty coating market. 
  • Increasing demand for coating solutions with improved durability and rheological properties, and longer shelf life will boost demand for specialty coatings.
  • In emerging economies, the burgeoning construction sector for both commercial and residential buildings will lead to the considerable growth of the specialty coating market.
  • Asia Pacific will dominate the specialty coating market in the foreseeable future. The region, being a manufacturing hub for top-notch electronics and automotive companies, will exhibit high demand for specialty paint and coating solutions. The growth of these industries in the region is related to economic development resulting in increasing per capita income, leading to increased affordability of superior feature commodities.
  • North America and Europe will exhibit moderate consumption of specialty coatings due to strict mandates to reduce carbon and VOC emissions that cause deterioration of the environment.

Rising Demand from Automotive Sector Fuels Global Nanosensors Market

The global nanosensors market is enjoying an exceptional rise in its market valuation, all thanks to the rising demand for nanosensors from the biomedical and healthcare as well as the military and homeland security sectors. According to a research study published by Transparency Market Research (TMR), a market research and intelligence organization, the worldwide nanosensors market is set to expand at a whopping CAGR of 80.70% over the period from 2015 to 2021.

In 2014, the global nanosensors market stood at US$27 mn. Analysts at TMR expect this market to be valued at more than US$1.5 bn by the end of 2021. Here is a snapshot of the performance of the global nanosensors market at the regional level.

North America

North America leads the global market for nanosensors. The rising demand for compact yet highly efficient portable sensing systems for diagnosis from the biomedical and healthcare industry in North America is fueling the nanosensors market in this region.
  • The North America nanosensors market occupied 39% of the overall market in 2014.
  • It is likely to rise at an impressive CAGR of 81.20% from 2015 to 2021 in terms of revenue.
  • The U.S is the biggest nanosensors market in North America.
The declining expenditure on diagnosis and treatment is projected to stimulate the demand for nanosensors in the nation. The compact size, low cost, bulk manufacturing capacity, and energy efficiency that nanosensors offer are other prominent factors driving the nanosensors market in the U.S.


Europe is the second largest regional market across the globe. The increasing demand for nanosensors from the automotive industry owing to their miniaturization and enhanced communication capabilities, enabling their integration into vehicles with minimal interference into the basic functionalities, is driving the Europe nanosensors market.

In 2014, the Europe regional nanosensors market held a share of 26% in the worldwide market for nanosensors. Analysts expect this market to maintain its position in the near future.

Asia Pacific

Asia Pacific is the fastest growing regional market for nanosensors among all. Consumers in this region are increasingly demanding products using nanosensors owing to their low cost and power efficiency, propelling the market to a significant extent.

India and China are the key markets for nanosensors in Asia Pacific. While China holds the leading position, India is poised to report the fastest growth in the Asia Pacific nanosensors market.

Latin America

The Latin America market for nanosensors is witnessing remarkable growth. The advancement in nanotechnology, augmenting the capacity of nanosensors and reducing the time taken for diagnosis and treatment, is the key reason for this rise. In 2014, Latin America reported a share of 5% in the global market.

Samsung Electronics Co., Analog devices Inc., OMRON Corp., Honeywell International Inc., Texas Instruments Inc., Oxonica, and Lockheed Martin Corp. are the key participants in the global nanosensors market.

Instant Beverage Premix Market Driven by Rising Health Awareness, Busy Lifestyles

Instant beverage premixes are concentrated forms of various beverages that can be made ready to drink by adding water and/or heating. They have gained popularity in recent times due to the application of novel packaging techniques that make the premix more attractive and more easily accessible. The global market for instant beverage premixes has been calculated to be worth close to US$59.4 bn in 2014. According to a recent research report from Transparency Market Research, rising at a 5.70% CAGR from 2015, the market is expected to be worth US$85.8 bn by 2021.

Instant Coffee Premixes to Lead Demand from Global Instant Beverage Premix Market

Instant coffee is the most popular instant beverage around the world. The widespread popularity of coffee is responsible for the dominant share of the beverage in the global instant beverage premix market. 

Instant tea is the second largest product segment of the global instant beverage premix market. The popularity of tea in Asian countries has helped the market for instant tea premix grow in countries such as China and Japan. Asia Pacific accounted for close to a third of the global market for instant beverage premix in 2014, with Europe accounting for about a quarter. These two regions are expected to remain the leading regional segments of the global instant beverage premix market in the coming years.

The health benefits of tea and coffee and their common presence in the traditional breakfasts of many cuisines are responsible for the high share of these two instant beverage premix market segments. Growing health awareness among the global populace is also responsible for the high market share of instant soup premixes, which are the third largest category of the instant beverage premix market by revenue. Other major product categories in the instant beverage premix market are instant milk and instant health drinks.

Increasing Ease of Purchasing Instant Beverage Premixes Benefits Global Market

Along with growing consumer awareness on the health benefits and convenience of instant beverage premixes, the global market for the same is also driven by the increasing availability of instant beverage premixes. Modern shopping avenues such as supermarket/hypermarkets almost invariably sell instant beverage premixes, kickstarting a virtuous cycle of high product visibility leading to increasing consumer demand.

The increasing availability of online shopping channels in emerging regions has also helped the global instant beverage premix market in recent years. The average customer in regions such as Asia Pacific, Latin America, the Middle East, and North Africa has much easier access to online shopping portals than ever, and these websites have been quick to offer nonperishable food items such as instant beverage premixes, resulting in growing purchase of instant beverage premixes online.

Major players such as Monster Beverage Co., The Coca-Cola Company, PepsiCo Inc., Starbucks Corporation, etc., have been quick to capitalize on the growing prevalence of ecommerce, creating a firm foundation for the global instant beverage premix to expand expeditiously in the coming years.

Global Set-top Boxes Market Uses Digitization to Combat Possible Future Sales Fall

The global set-top boxes market has benefitted massively from the introduction of high-definition channel services and improvement of video quality through digitization. It has also substantially increased the number of channels that a cable operator can broadcast via satellite.

The global set-top boxes market is expected to progress at a CAGR of 6.40% from 2015 to 2022. By the end of 2022, the global set-top boxes market could reach US$24 bn, showing the massive scope of growth that this market possesses. As newer players join the market, the older ones will have to remain on their toes and introduce better services with improvements in display qualities.

Digitization Keeps Global Set-top Boxes Market Growing

One of the greatest drivers for the global set-top boxes market is the booming rate of signal digitization, which is being adopted by multiple broadcasters. This has especially benefitted pay TV operators. Moreover, the global set-top boxes market also accommodates interactive channels and services that further improve consumer appeal. Among the various geographical segments of the global set-top boxes market, the leader for 2014 turned out to be Asia Pacific, owing to the rapid rate of standardization of cable TV signals by shifting over to satellite signals. In 2014, Asia Pacific held nearly 31% of the global set-top boxes market. This region is also expected to be the fastest growing regional segment of the global set-top boxes market, exhibiting a 9.90% CAGR between 2015 and 2022. The primary cause of the region’s upswing in the global set-top boxes market is the large-scale digitization of cable TV services.

On the other hand, North America and Europe are currently matured regional markets for set-top boxes, and therefore show a slow and steady rate of growth. North America had a relatively early changeover to digitized signals, which means the market is now loaded with stable top-end players and multiple regional companies. The region’s growth in the near future can be expected to arrive through the introduction of IPTV and HBB set-top boxes.

The Highly Competitive Nature of the Global Set-top Boxes Market

Regardless of the rate of growth of the global set-top boxes market in any region, it is always a field of heavy competition. Players big and small vie for a piece of the TV viewing pie and offer multiple types of service perks to appease the masses. For instance, Sky plc, one the largest pan-European broadcasting names, has recently unveiled a brand new premium set-top box. The box allows a user to stream services from the “best of the web”. The move is made by Sky to compete against industry giants Netflix, Apple, and Amazon. The new technology, named Sky Q, will launch in 2016 and allows a user to watch shows on five different screens, with more than five times the storage capacity of the current set-top boxes in the market.

Meanwhile, China has recently banned 81 third-party apps that turn a TV into an Internet-streaming device via set-top boxes. The Chinese government is attempting to control the set-top boxes market in the nation, in order to stop the streaming of pirated media, such as sports games and other live events.

Global Cable Conduit Systems Market Recent Continues to Benefit from Construction Industry Boom

An electrical conduit, also known as a cable conduit, has application in one of the core objectives of any modern infrastructure. A cable conduit system is a connection, or a network, of tubes running in a system and filled with wires. Typical electrical conduits are made of either plastic, metal, fiber, or even fired clay, depending of the location and purpose of use. They are generally not visible to the people performing non-maintenance related activities in a structure. Cable conduit systems also need to be created while following several regulations. In the United States, most construction bodies, while laying down cable conduits, have to follow the regulations set by the U.S. National Electrical Code, along with other state-based regulations.

The global cable conduit systems market is progressing at a CAGR of 11.0% between 2015 and 2022. In 2014, the global cable conduit systems market was valued at US$3.2 bn. By the end of 2022, the global cable conduit systems market is expected to reach US$7.4bn. There are multiple factors that impart this substantial growth rate to the global cable conduit systems market, the major one among them being the currently booming global construction industry.

Rapid Growth of Construction Industry Demands Better Methods of Organization

The construction industry is in such rude health at present that some experts claim that it could drive the European economy back on track. In such a state of rapid development, one of the core requirements in all modern construction projects are cable conduit systems. The global cable conduit systems market is, therefore, set to be one of the largest beneficiaries of the rise in the construction industry. Cable conduits help maintain a structure of organization, which is extremely important in today’s world, where planning and space management is of utmost importance during construction. Apart from Europe, other regions or countries that are driving the global cable conduit systems market due to similar reasons are Brazil, South Africa, Asia Pacific, the Middle East, and Africa.

The global cable conduit systems market also benefits from the growing preference of consumers and builders who see cable conduits as sturdy protection for wires and loose cables against physical damage, harsh surroundings, extreme temperatures, and moisture conditions. The situation is not all positive for the global cable conduit systems market, however, as it still faces some problems, especially during installation. Builders and homeowners have to consider the increased investment they have to put into using conduits, especially metal ones, as their price continues to increase due to raw material scarcity. Another hindrance to the global cable conduit systems market is the complications of installing cable conduits in an existing structure. A conduit system requires some minimum amount of space in any structure, which might be difficult to attain in an older structure that has no space allotted for extra implementations.

Regardless, the construction industry continues to thrive and will continue to drive the growth of the global cable conduit systems market in the near future.

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