Friday, 20 April 2018

High demand for frozen dairy products will also boost the Germany Frozen Food market.

Germany frozen food market is expected to reach USD 15.77 billion by 2024 and is anticipated to grow over the forecast period as well. Increasing popularity of seasonal frozen food among the young German consumer is the key factor driving the growth of this food products over the forecast period. Frozen food products are easy to cook and are healthy. Improvement in preservation technology has helped in maintaining nutrient and vitamins. In addition, frozen foods can be stored for a longer period without preservatives owing to the sophisticated cold storage technology.



According to German Frozen Food Institute, almost 17,000 different products are available in Germany and strong credentials to freshness, convenience and value make frozen food popular among consumers. The frozen bakery products accounted for the largest market share in 2016. Increasing offering of the high quality of frozen bakery products in combination and customizable solution are the factors driving the growth of frozen bakery product category in Germany. Frozen pizza is expected to grow at the fastest CAGR owing to the increasing demand for fast food in the region. Furthermore, increased in the clean label and launched of vegetarian pizza is expected have opposite impact on market growth in the near future.
Free from gluten and lactose trend can be seen increasing in the market. Many companies are focusing on adding values and variants to their product offering. Furthermore, consumer show lasting interest in traditional food. Thus, the exciting trend for frozen food products which use regional recipes and, with the use of locally made raw products is expected an increase in foreseeable future.
Offline distribution channel dominated the frozen food market in 2016. According to a study conducted by one of the German institutes, about 34 times German consumer visit frozen food section in supermarket yearly. While offline channel remains dominant, the online channel is anticipated to register a fast growth over the forecast period. Convenience factor and availability of discounts and a wide variety of purchase options are some of the factors driving the growth of online retail channel.
Leading companies in this market are adopting brownfield expansion strategy to sustain in a competitive environment and expand their presence in the market. For instance, in 2013, Nestlé Wagner opened a new frozen pizza manufacturing facility in Germany in order to expand its product portfolio to cater increasing demand of frozen pizza and to strengthen its market position in the market.
Request for a free sample: click here 
Hexa Research has segmented the Germany frozen food market report based on type and distribution channels:
Segmentation by food type, 2014 - 2024 (USD Million)
    • Frozen ready meals 
    • Frozen fish/seafood 
    • Frozen Meat 
    • Frozen pizza
    • Frozen potato products
    • Frozen bakery products
    • Others
Segmentation by distribution channel, 2016 (% Share)
 • Offline
 • Online
Key players analyzed:
    • Permira
    • Nestlé 
    • McCain Foods
    • Dr. August Oetker KG
    • Nomad Foods Europe Ltd

Wednesday, 18 April 2018

Rising production of chips and microchips to boost demand for silicon wafer

The global silicon wafer market size is estimated to reach USD 12.22 billion by 2024. The market is anticipated to witness significant growth during the forecast period due to the high demand for semiconductors in end products such as smartphones, tablets, and others. Increasing preference for compact, more powerful, and yet affordable devices results in escalating demand for silicon wafers during the forecast period. The increase in demand for consumer electronics such as TVs, refrigerators, and home theatres further supports the growth of the market over the coming years.


Global silicon wafer market is expected to grow at a value CAGR of around 7.0% from 2017 to 2024. The Asia Pacific accounted for the substantial market share in 2016. The growth of the market in the region is attributable to rising preference for technologically sophisticated electronic devices and gadgets. The Asia Pacific is followed by North America in terms of growth rate, which is majorly due to enhanced use of silicon wafers for manufacturing solar cells. The accelerating need for a reliable, clean and safe energy source in countries such as the U.S. and Canada are likely to increase the demand for a solar cell, resulting in growth of the market for silicon wafers as well.
Semiconductors find applications in various medical devices such as ultrasound scanners and ECG devices and this drives the market growth during the forecast period. Furthermore, increasing use of homecare devices such as glucose meters and blood pressure monitors is expected to positively impact the market growth. A requirement of lower power coupled with more inbuilt functions of semiconductors has made medical devices more portable and efficient.
Increasing installations of automated silicon wafer fabrication and transport systems by the manufacturers support their market sustainability. For instance, Siltronic AG employs automated ceiling-mounted transport systems (OHT systems) to transport the wafers from one operation point to next by the shortest route. It increases the productivity and freezes up space in the clean room. Research efforts by the market players coupled with increasing investments will intensify the demand for silicon wafers thereby supporting the market growth. For instance, Intel started 450MM manufacturing facility at Arizona, U.S.
Global silicon wafer market is marked by the mergers and acquisitions strategies. For instance, in December 2016, Taiwanese GlobalWafers acquired the US-based SunEdison SEMI in order to expand production capabilities and to get greater access to Korea and European countries. Additionally, GlobalWafers will get access to SOI product technologies of SunEdison SEMI.
 Request for a free sample at Click here 
Hexa Research has segmented the global silicon wafer market report based on type, application, and region: 
Segmentation by Type, 2014 - 2024 (USD Billion) (Million Square Inches)
• 450MM
• 300MM
• 200MM
• <200MM
Segmentation by Application, 2014 - 2024 (USD Billion) (Million Square Inches)
• Computers
• Smartphones
• Automotive
• Consumer Electronics
• Industrial
• Others
Segmentation by Region, 2014 - 2024 (USD Billion) (Million Square Inches)
• North America
• Europe      
• Asia Pacific
• Rest of World
Key players analyzed

• SUMCO CORPORATION
• Siltronic AG
• Shin-Etsu Chemical Co
• SK SILTRON
• SunEdison Semiconductor, Ltd.
• Tokuyama Corporation
NexWafe GmbH
• PV Crystalox plc 
• Okmetic
• Elkem AS

Tuesday, 10 April 2018

Trends in the European fuel card market | Hexa Research

The Europe fuel card market is expected to reach USD 264.95 billion by 2024 owing to the rising demand for cashless transactions, and availability of add-on benefits. The evolution of technologies in the payment industry has made people more inclined towards smart payment options which ensures a track of their spending as well securely. This increased need for safe and reliable digital payment is expected to drive the fuel card industry in Europe over the next few years.

Fleet managers have been looking for viable real-time solutions to ensure appropriate tracked spending. The fuel cards not only provide with the discounts and rebate but it also comes with online reporting tools which provide fleet managers with in-depth data as to where their fuel card has been used, who used it and for what purpose. Managers also can limit the fuel card spending real time.
The loyalty program provides drivers with fuel points on their purchase. It also has different advantages such discounts on non-fuel items, offers, and gifts. Thus, is expected to boost the fuel card industry.
Fuel cards prevent theft; hence, they help fleet managers reduce unaccounted spending. A fuel card is accessed using the secured pin and driver is obliged to show his identity proof while using. Thus, it helps prevention of theft in employees and is expected to drive the fuel card industry in the near future.
The universal card has penetrated the European market and fleet managers are inclined to use it due to the various benefits it offers. Branded cards from the oil companies such as ESSO, BP, and Shell are widely used and hold second largest market share in the forecast period.
The lightweight vehicle is the ones who are major users of fuel cards. However, the heavy vehicles segment is expected to grow over the forecast period owing to the increasing commercial transport.
The UK was the largest and is likely to be the fastest growing market with a CAGR of 20.7% over the forecast period. Germany will see a steady growth during the forecast period. Many big players are opting for merger and acquisition to expand their presence in the region. For instance, international players such WEX and FLEETCOR have entered into Europe by taking over ExxonMobil and Shell respectively.
Request for a free sample report: Click here 
Hexa Research has segmented the Europe Fuel Card market on the basis of type and conveyance on a regional and country level:
Segmentation By Type, 2014 - 2024 (USD Million)
• Universal card
• Branded/Proprietary card
• Merchant card/Bankcard
Segmentation By Conveyance, 2014 - 2024 (USD Million)
• Lightweight
• Heavyweight
Segmentation By Country, 2014 - 2024 (USD Million)
• UK
• Italy
• France
• Spain
Key Players Analyzed
• FLEETCOR, LLC
• WEX
• DKV EURO SERVICE GmbH + Co. KG
• UK Fuels Limited
• W.A.G. Payment Solutions, a.s.

Friday, 23 March 2018

Ballast Water Treatment Systems Market Worth $117.55 Billion By 2025

The global ballast water treatment systems (BWTS) market is expected to reach USD 117.55 billion by 2025, driven by growth in the size of shipping industry trade volume and rising government initiatives in line with the International Maritime Organization (IMO) regulations. Furthermore, the ballast water treatment systems market is expected to be growing as BWTS is effective in regulating unauthorized ocean dumping, oil & chemical spills, and the introduction of aquatic invasive species.


North America dominated the global market in 2016, and the trend is likely to continue over the next few years due to supporting regulations coupled with rising focus on environmental safety conservation. Asia-Pacific and Europe followed suit, with a consolidated contribution of USD 59.48 billion by 2025.
The implementation by IMO for strict water quality standards has set an obligation for ocean freight service providers. Since vessels have not been planned and fortified to treat ballast water, setting up of a ballast water management system is essential to ensure conformity with the standards.
The Asia Pacific is expected to witness the fastest growth over the forecast period on account of increase in production and sales of ballast water treatment systems owing to increase in trade of automotive machinery & equipment, cosmetics, food & beverages, building & infrastructure materials, medical & healthcare, and mining equipment. The region has witnessed an increase in ocean freight volumes from various countries such as China, India, and South Korea.
The market is expected to grow on account of increasing demand for ballast water treatment systems in containers, ships, dry bulk carriers, tankers, and general cargos. Container ships dominated the global BWTS market in 2016 and are expected to grow at an above average CAGR of 25.2% over the projected period. Increasing trade activities among various regions on account of lower transportation costs, free trade agreements, and globalization is expected to result in augmenting the demand for container ships.
Companies are actively looking for new ballast water treatment projects alongside investing in R&D to enhance technology. In July 2015, Wärtsilä won the largest retrofit contract for ballast water management systems. This has been one of the major retrofit contracts so far issued for ballast water management system solutions. Other prominent players in the market such as Xylem Inc., Evoqua Water Technologies LLC, Mitsubishi Heavy Industries, and Alfa Laval AB are investing considerably in the ballast water treatment systems market.
 Request for a free sample at: Click here 
Hexa Research has segmented the global ballast water treatment systems (BWTS) market based on technology, type, and region:
Segmentation by technology, 2014 - 2025 (USD Million)

• Physical Disinfection
• Mechanical Method
• Chemical Method
Segmentation by type, 2014 - 2025 (USD Million)

• Container Ships
• Dry Bulk Carriers
• Tankers
• General Cargos
Segmentation by region, 2014 - 2025 (USD Million)

• North America
    • U.S.
• Europe
    • UK
    • Germany
• Asia Pacific
    • China
    • Japan
• Rest of the World
Key players analyzed:

• Wärtsilä Corporation
• Xylem Inc.
• Evoqua Water Technologies LLC
• Calgon Carbon Corporation
• Mitsubishi Heavy Industries

Monday, 19 March 2018

Europe Fuel Card Market,Size And Forecast And Trend Analysis, 2014 - 2024

The Europe fuel card market is expected to reach USD 264.95 billion by 2024 owing to the rising demand for cashless transactions, and availability of add-on benefits. The evolution of technologies in the payment industry has made people more inclined towards smart payment options which ensures a track on their spending as well securely. This increased need for safe and reliable digital payment is expected to drive the fuel card industry in Europe over the next few years.
Fleet managers have been looking for viable real-time solutions to ensure appropriate tracked spending. The fuel cards not only provide with the discounts and rebate but it also comes with online reporting tools which provide fleet managers with in-depth data as to where their fuel card has been used, who used it and for what purpose. Managers also can limit the fuel card spending real time.



The loyalty program provides drivers with fuel points on their purchase. It also has different advantages such discounts on non-fuel items, offers, and gifts. Thus, is expected to boost the fuel card industry.
Fuel cards prevent theft; hence, they help fleet managers reduce unaccounted spending. A fuel card is accessed using the secured pin and driver is obliged to show his identity proof while using. Thus, it helps prevention of theft in employees and is expected to drive the fuel card industry in the near future.
The universal card has penetrated the European market and fleet managers are inclined to use it due to the various benefits it offers. Branded cards from the oil companies such as ESSO, BP, and Shell are widely used and hold second largest market share in the forecast period.
The light weight vehicle is the ones who are major users of fuel cards. However, the heavy vehicles segment is expected to grow over the forecast period owing to the increasing commercial transport.
The UK was the largest and is likely to be the fastest growing market with a CAGR of 20.7% over the forecast period. Germany will see a steady growth during the forecast period. Many big players are opting for merger and acquisition to expand their presence in the region. For instance, international players such WEX and FLEETCOR have entered into Europe by taking over ExxonMobil and Shell respectively.
Access full report or request for free sample at: Click here 
Hexa Research has segmented the Europe Fuel Card market on the basis of type and conveyance on a regional and country level:
Segmentation By Type, 2014 - 2024 (USD Million)
• Universal card
• Branded/Proprietary card
• Merchant card/Bank card
Segmentation By Conveyance, 2014 - 2024 (USD Million)
• Light weight
• Heavy weight
Segmentation By Country, 2014 - 2024 (USD Million)
• Germany
• UK
• Italy
• France
• Spain
Key Players Analyzed
• FLEETCOR, LLC
• WEX
• DKV EURO SERVICE GmbH + Co. KG
• UK Fuels Limited
• W.A.G. Payment Solutions, a.s.
• BP PLC

Wednesday, 21 February 2018

Asia-Pacific Air Filtration Market to cross USD 6.6 billion by 2024

The Asia-Pacific air filtration market stood at more than USD 3.4 billion in 2015. It is estimated to grow at a CAGR surpassing 8.6% over the forecast period (2016-2024). The market is anticipated to cross USD 6.6 billion by 2024. A rise in the number of gas-fueled power plants, coal, cement, and metal industries leads to increased pollution. This is a key factor that will fuel this market.
Innovation in the Asia-Pacific air filtration market would encourage new product development, reduced operating costs, compliance with quality standards, and energy conservation. These factors together will stimulate market demand. Increasing research & development investments besides new technological developments will support further growth

                                       Request for free sample: Click here 


Ongoing developments in air filtration technology have improved air quality and minimized energy consumption. Advancements in nanotechnology, non-woven technology, and in raw materials like small fibers are expected to contribute significantly to this market.
However, the initial installation costs of air filters, along with added attachments & other technologies can increase the overall product cost. This could hinder industry growth, since purchasing decisions are largely dependent on the overall cost of the product. 
The Asia-Pacific air filtration market is segmented into applications, products, technologies, and regions. On the basis of applications, the market is fragmented into pharmaceuticals, metals, power, food, and cement. The power segment can expand at a CAGR of about 10% during the forecast period. The can be attributed to advancements in nuclear power generation and defense. Rigid environmental norms require that the air be free of radioactive pollutants. This intern will positively impact market demand in the forthcoming years.
The food segment is likely to witness considerable growth owing to stringent regulations imposed on food manufacturing units. The focus of food manufacturers on high-quality filtered air for better hygiene and safety will drive the Asia-Pacific air filtration industry.
Products include automotive, residential, and industrial. In 2015, automotive air filtration dominated the market with over 55% of the total revenue shares. It would grow at a CAGR of about 8% during the forecast period. The growing need for replacing these air filters on a regular basis will support industrial growth.
Growing at more than 9.4% CAGR, the industrial segment will hold a share of nearly 27% in the Asia-Pacific air filtration market. This segment is sub-divided into high-efficiency particulate air (HEPA) filters, dust, baghouse filters, CCF, dust collectors, and mist collectors. Mist collectors can witness substantial growth owing to their demand in metal processing and in the food & beverage (f&b) industry.
Based on technologies, this market is categorized into electrostatic precipitators, baghouse filters, nitrogen control systems, fabric filters, scrubbers, flue gas desulphurization systems, and mercury control systems. Baghouse filters will expand robustly due to widespread application in mining, coal-fired plants, and cement industries.
Regions encompass South Thailand, Australia, China, India, Malaysia, Japan, Korea, and Indonesia. China will continue to lead the Asia Pacific market and will grow at a 9% CAGR during the forecast period.
Key players in the Asia-Pacific air filtration industry are Windsor Wire LLC, Cummins, Mahle, and MANN+HUMMEL group. Participants actively participate in mergers & acquisitions to expand and gain an edge over the consolidated market.

Thursday, 8 February 2018

Demand for safety needles greater than non-safety ones

The global hypodermic needle market to reach USD 4,238.9 billion by 2024. Implementation of stringent legislation to reduce needlestick injury and increasing awareness related to safety needles among the healthcare provider is expected to drive the hypodermic needle market over the forecast period. Furthermore, increasing awareness of the regular immunizations coupled with increasing preference for regular health check-ups will further escalate the demand for hypodermic needles over the forecast period.
Moreover, rising geriatric population, increasing prevalence of diabetes, improving healthcare hygienic sample withdrawal practices in emerging economies such India, China, and Brazil is projected to propel the demand for hypodermic needle over the forecast period. However, the high cost of automated safety needles and the introduction of needleless delivery mechanisms might restrain the market growth in the forecast period.


Worldwide, needlestick injuries are the primary concern for healthcare providers. In the U.S., every year, approximately, 8 to 10 lac needlestick injuries occur to healthcare workers, and about 1000 of them get contacted with infectious diseases, and 500 to 600 die each year due to these type of injuries. The cost of needlestick injury follow-up in the U.S. per incident is approximately USD 3,000, and around USD 3 billion is spent annually in the U.S. on needlestick injuries. Hence, the increasing occurrence of these type of injuries results in the development of improved and effective safety needles.
Safety engineered devices (SEDs) are categorized into passive and active devices. Passive needles are highly preferred over conventional needles owing to its advantages such as user-friendliness and others. Also, with the implementation of the regulations promoting the use of safety hypodermic needles will further enhance the acceptance of these needles over the forecast period. For instance, World Health Organization (WHO) encourages injection safety worldwide through the Safe Injection Global Network (SIGN).
Exposure to needlestick injuries may cause severe blood-borne diseases such as HIV and Hepatitis. Owing to the increasing occurrence of needlestick injuries, healthcare providers are shifting towards the use of safety hypodermic needles. Furthermore, manufacturers are focusing on developing needles and syringes safety-engineered mechanisms to avoid any injuries. For instance, BD has developed SafetyGlide, Vacutainer Eclipse blood collection needle, and VanishPoint blood collection safety needle. Hence, increasing focus on the development of advanced engineered mechanisms about the needles performance and efficiency will further drive the growth.
Access full report or request for free sample: Click here 

Hexa Research has segmented the global hypodermic needle market based on type, end-use and region:
Segmentation by product type, 2014 - 2024 (USD Million)
• Safety Needle
• Non-safety Needle
Segmentation by end-user, 2014 - 2024 (USD Million)
• Hospitals & Clinic
• Diagnostic Lab
• Homecare
Segmentation by region, 2014 - 2024 (USD Million)
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa
Key players analyzed:
• Becton, Dickinson, and Company
• Medtronic
• Retractable Technologies