Global Maltodextrin Market Size By Application Forecast 2015 to 2020; Future Market Insights

Increasing demand for low-caloric food products and large scale availability of affordable maltodextrin in emerging markets is fuelling the maltodextrin market. According to Future Market Insights’ new report, “Maltodextrin Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020”, the maltodextrin market is anticipated to amplify at a CAGR of 5.1% through 2020 and reach a valuation of US$ 3.39 Bn.

Maltodextrin’s bland taste and its texture- and viscosity- imparting properties make it an ideal choice for use in various products, ranging from margarine to fat-free dessert mixes. Maltodextrin’s resistance to high temperature and its high solubility make it a preferred choice for encapsulation of various fats, oils, and food acids.

Concerns about the potential side effects of food products containing excess maltodextrin can pose challenges for its widespread acceptance. Furthermore, the fact that maltodextrin is not a Specific Carbohydrate Diet Legal (SCD-legal) can restrain its demand globally.

According to FMI, demand for maltodextrin from the packaged food and bakery industry will fuel the market during the forecast period 2015-2020. Use of maltodextrin in the manufacture of cosmetics, paints, adhesives, paper, and pharmaceuticals is also anticipated to boost its demand during the forecast period.

Browse Full: "Maltodextrin Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/maltodextrin-market

The key end-use application segments of maltodextrin include food and beverages, pharmaceuticals, paper/cardboard processing, industrial chemicals, and cosmetics. FMI’s research revealed that food and beverages application segment accounted for bulk of the demand for maltodextrin.

The food and beverages segment was valued at US$ 1.52 Bn in 2014 and FMI estimates it to expand at a CAGR of over 5% through 2020 and reach a valuation of US$ 2.07 Bn. Food and beverages is further sub-segmented into dairy products, nutritional food, infant formula, confectionary & bakery, soup & dry mixes, and beverages; among these, dairy products sub-segmented dominated the food and beverages segment.

North America Most Lucrative Region for Maltodextrin Market
The demand for maltodextrin is robust in North America. The region accounted for 36.4% market value share in 2014; FMI estimates the North America maltodextrin market value to expand at a CAGR of 4.9% through 2020 and reach a valuation of US$ 1.21 Bn.

Bulk of the demand for maltodextrin in North America is from the food and beverage industry. The market value of maltodextrin in food and beverage sector was US$ 552.9 Mn in 2014; FMI estimates it to witness a CAGR of 5.1% through 2020 and reach a valuation of US$ 742.4 Mn.

Western Europe and Asia Pacific are the other lucrative regions for maltodextrin market. FMI projects that these two regions will account for over 45% of market share in 2020.

Increase in Demand for Non-GMO Maltodextrin
FMI’s analysis on the global maltodextrin market revealed that the demand for non-GMO sources is on the increase. The demand is particularly strong from the food and beverages, and pharmaceutical sector.

Maltodextrin produced from GMOs still accounts for bulk of the share in the market. According to FMI, the market value of GMO maltodextrin is anticipated to be worth US$ 2.01 Bn by 2020, whereas GMO-free maltodextrin is projected to be worth US$ 1.37 Bn.

Browse Full Research Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-544

The key companies in the global maltodextrin market are Cargill Inc., Ingredion Incorporated, The Archer Daniels Midland Company, Tate & Lyle Plc, Roquette Freres SA, Penford Corporation, Grain Processing Corporation, Tereos Syral and Zhucheng Dongxiao Biotechnology Co., Ltd. FMI’s research on maltodextrin market revealed that Grain Processing Corporation is planning to invest US$ 70 Mn to expand production capacity for MALTRIN (maltodextrin) at its plant in Washington. Cargill Inc. has invested nearly US$ 64.29 Mn in its corn mill in Karnataka, India.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

Read More

Global Fatty Amines Market Projected to be Worth US$ 2,193 Mn by 2020; Future Market Insights

 Future Market Insights (FMI) announces the release of its latest report titled, “Fatty Amines Market: Global Industry Analysis and Opportunity Assessment 2015-2020”. According to the report, the global fatty amines market was valued at US$ 1,721 Mn in 2014 and is anticipated to reach US$ 2,193 Mn by 2020, registering a compound annual growth rate (CAGR) of 4.2% through the forecast period.

Fatty Amines Market Driven by Booming Water Treatment Chemicals Industry & Demand for Agro-chemicals

Global fatty amines market is driven by growing water treatment chemicals industry and increasing demand for agro-chemicals and asphalt additives, mainly in the developing countries. Water treatment chemicals contribute the highest in terms of demand and share to the global fatty amines market, as compared to the other application segments. Increasing usage of fatty amines in various end-user applications coupled with market expansion and development of novel applications, such as detergents, mining, paints & coatings and fabric softener are further driving the fatty amines market growth. However, fluctuations in availability and volatile raw material prices pose a challenge for the global fatty amines market.

Market Segments

The global fatty amines market is segmented on the basis of product type, application and geography.

By product type, global fatty amines market is segmented into primary fatty amines, secondary fatty amines and tertiary fatty amines. Among these segments, tertiary fatty amines accounted for approximately 48.1% of global value market share in 2014. Furthermore, it is expected to dominate the global fatty amines market throughout the forecast period, exhibiting a CAGR of 3.6% between 2015 and 2020.

Browse Full: "Fatty Amines Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/fatty-amines-market

The primary fatty amines market accounted for over 25% of the market value share in 2014 and is expected to increase at a comparatively high CAGR of 4.9%, during the forecast period, owing to its increasing consumption in water treatment chemicals and paints & coatings industry as additives to protect the paints from getting tainted while in storage.

The secondary fatty amines segment accounted for approximately 23% of the global value market share in 2014, and is expected to gain its market share and account for 23.3% of the global fatty amines market by 2020.

On the bases of application, the global fatty amines market is segmented into water treatment chemicals, agro-chemicals, oilfield chemicals, asphalt additives, anti-caking and others (used in personal care, mining, fabric softener, paints & coatings). Among the aforementioned segments, water treatment chemicals is expected to dominate the global fatty amines market with over 29% market revenue share throughout the forecast period. Growing paints & coatings industry, coupled with increasing automobile production in China, Malaysia, Indonesia and Mexico is expected to further propel the demand for fatty amines in the asphalt additives application segment. The scope of applications for fatty amines in others segment is expected to expand in the future too, due to market expansion and innovation in techniques.

On the bases of region, Asia Pacific Excluding Japan (APEJ) dominated the global fatty amines market in 2014, in terms of revenue, accounting for more than 25% of the revenue share. However, North America and Eastern Europe are foreseen to witness relatively high CAGRs of 6.4% and 5.3%, respectively.

Request Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-361

Competitive Landscape

Key players considered in the global fatty amines market include Kao Corporation, Evonik Industries AG, AkzoNobel N.V., DuPont, Clariant AG, CECA Arkema Group, Sigma-Aldrich Corporation, Volant-Chem Group, Procter & Gamble Chemicals Company and Lonza

Read More

Global Smart Camera Market Key Regions and Key Players 2015 to 2020; Future Market Insights

According to Future Market Insights’ new market research report, “Smart Camera Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020”, the global smart camera market is anticipated to witness a stellar compound annual growth rate (CAGR) of 23.84% through 2020, and reach a valuation of US$ 9,829.1 Mn; the global smart camera market was valued at US$ 2,469 Mn in 2014. In terms of volume, the smart camera market is anticipated to expand at a CAGR of 23.8% through 2020 and reach 85.47 Mn units by 2020.

Advancement in home- and industrial- automation has augured well for the prospects of the smart camera market. Smart cameras are used for surveillance and monitoring purposes in home automation, whereas in industrial automation, these are used for a host of applications, depending upon the specific industry. It is anticipated that increased demand from these sectors will fuel the smart camera market during the forecast period, 2015-2020.

The global smart camera market is also propelled by technological advancements in smart camera technology. Innovation in CMOS image sensors, embedded system designs, smart lenses, and chip manufacturing has expanded the scope of smart camera applications.

FMI’s analysis found that the projected growth in the electronics and semiconductor industry will create new opportunities for smart camera market. Price reduction in PC-based smart camera and government focus on strengthening the surveillance and security system is also anticipated to provide an impetus to the smart camera market during the forecast period.

Browse Full: "Smart Camera Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/smart-camera-market
Lack of standardisation is a key challenge for the widespread adoption of smart cameras. Regulations regarding limited use of smart cameras for surveillance at public places is another factor that can restrain the growth of the market. Furthermore, the use of smart cameras in developing countries is limited to surveillance, security, and transportation sectors, and this can create challenges for market expansion during the forecast period.

Smart camera incorporates a host of components, including image sensor, memory, processor, communication interface, lens, and display. Among these, lens and processors accounted for 48% of the smart camera market share in 2014, and this is anticipated to amplify to 50% by 2020. FMI estimates that these two segments will expand at CAGRs of over 20% during the forecast period.

Evolution of user-friendly technologies is anticipated to boost the demand for smart cameras among consumers. The consumer segment was worth US$ 649 Mn in 2014 and FMI estimates that it will witness a CAGR of over 18% through 2020. Increased demand for smart cameras from transportation and automotive industry is anticipated to provide growth opportunities, with this segment anticipated to witness a CAGR of 24.5% through 2020. Other key application segments of smart cameras, including healthcare & pharmaceutical, food & beverages, military & defence, commercial area, and ‘others’ are also anticipated to witness a healthy growth rate through 2020.

Asia Pacific is the most lucrative market for global smart camera market. Product innovation by manufacturers in China, India, Taiwan, Korea, and Singapore is fuelling the growth of smart camera market in the region. FMI estimates that the Asia Pacific smart camera market will witness a CAGR of 21.7% during the forecast period. Other key regions for smart camera market include North America, Western Europe, and Japan. Smart camera market in Latin America is at a nascent stage, however, FMI estimates that it will witness the fastest CAGR of 31.7%.

Request Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-488

Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players in the smart camera market. Samsung Electronics Co., Ltd., Canon Inc., Nikon Corporation, Sony Corporation and Panasonic Corporation, Olympus Corporation, Polaroid Corporation, Microscan Systems, Inc., Vision Components GmbH, Matrox Imaging, and XIMEA GmbHare focusing on developing innovative products to consolidate their position in the market.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Ms Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

Read More

Global Flat Panel Dispaly Market Value and Forecast 2014 to 2020; Future Market Insights

Future Market Insights (FMI) delivers incisive insights into emerging markets in its latest report titled, “Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020”. The report states that the Global Flat Panel Display Market will expand at a CAGR of 5.8% and reach a valuation of US$ 135 Bn by 2020. The global flat panel display market is mainly driven by increasing adoption of FPD in mobile devices and increasing consumer demand for monitors in automobiles.

The global flat panel display market is expected to be one of the major markets in the near future. Growth of flat panel display market across the globe is driven by factors, such as high rate of technology adoption, increasing demand for big size displays, developing consumer electronics market, and increasing investment on research and development by flat panel display manufacturers.

Global FPD market is classified on the basis of technology, application and region. By technology, the overall FPD market is segmented into - Liquid crystal Display (LCD), Plasma Display (PDP), Organic Light Emitting Diode Display (OLED) and others. Liquid Crystal display is the major technology for FPD market, accounting for over 80% share of the market in 2014.

Browse Full: "Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/global-flat-panel-display-market

On the basis of applications, the global flat panel display market is segmented into consumer electronics, automotive application and others. The other applications of flat panel display includes healthcare, defence & military, etc.  The consumer electronics segment is sub-segmented into television (TV), mobile phone and personal computer (PC). Consumer electronics segment is the leading application in the flat panel display market with a collective market share over 70% in 2014; it is anticipated to exhibit the fastest CAGR over 15% during the forecast period 2015 – 2020. Consumer electronics market is followed by automotive application with over 7.5% CAGR during the forecast period. The growth in flat panel display market is attributed to technological developments in electronics and semiconductor industry and increasing implantation of flat panel display for consumer products such as televisions, smartphones, tablets and laptops. Significant increase in the demand of flat Panel displays is attributed to high definition image quality offered by various FPDs, reduction in prices of LCDs and plasma displays.

On the basis of region, the flat panel display market is segmented as Americas, Europe, APAC (excluding Japan), Japan (as a region) and MEA. In 2014, Asia Pacific was the dominant geographical region in the overall global flat panel display market with over 80% share by revenue, followed by Japan. In 2014, China, Taiwan, Korea and Japan were the most lucrative markets in the APAC region.

Request Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-123

Technological advancements and innovations remain the key to gaining a competitive edge in the flat panel display market. Companies such as Panasonic Corporation, Sony Corporation, LG Display Co. Ltd., Emerging Display Technologies Corp., Innolux Corp., Sharp Corporation, Japan Display Inc., Samsung Electronics Co. Ltd., Universal Display Corporation and AU Optronics Corporation are some of the major players in global flat panel display market and account for maximum market share and constantly focus on new product release, R&D, mergers and acquisitions to expand their geographical presence and customer base.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services which are personalised in nature. FMI delivers a complete packaged solution, combining current market intelligence, statistical anecdotes, technology inputs, valuable insights into market growth patterns, a bird’s-eye view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact

Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Read More

Asia Pacific Automotive Telematics Market Drivers and Trends, 2014 to 2020; Future Market Insights

Future Market Insights (FMI) with sharp focus on emerging regions delivers key insights about the Asia Pacific automotive telematics market in its recent report titled, “Asia Pacific Automotive Telematics Market Analysis and Opportunity Assessment, 2014 - 2020”. According to this report, the global telematics market is expected to expand at a single-digit CAGR during forecast period 2014–2020. On the other hand, APAC will demonstrate the fastest growth in the global automotive telematics market at a double-digit CAGR during the forecast period. During this period, the contribution of the telematics market in the Asia Pacific region to the overall market is projected to increase from 26% to 30%, reflecting an increase of 400 BPS.

This growth is attributed to high penetration of technologies and steadily increasing GDP. Moreover, Asia Pacific benefits from the presence of established vendors in the commercial vehicle telematics market, which includes PeopleNet, FleetMatics, Trimble, Telogis and Omnitracs. Furthermore, over 42% of the world’s Internet users in Asia (2013), combined with hundreds of millions of 4G users, will fuel growth of the APAC automotive telematics market during the forecast period.

FMI lead consultant, Nikhil Kaitwade, sheds light on why Asia Pacific will emerge the fastest growing market in the near future. “Telematics in the automotive industry has become increasingly relevant with a palpable emphasis on safety and security globally. New business models combined with increased technology adoption and remote vehicle diagnostics is fuelling growth of the Asia Pacific automotive telematics market,” he said.

Browse the full "Asia Pacific Automotive Telematics Market - Application analysis, competitive analysis, market value, company profile, industry growth,  segment analysis, trends, geography, size, regional outlook, cagr, opportunity, share and forecast 2014 to 2020, Future Market Insights" report at http://www.futuremarketinsights.com/reports/details/asia-pacific-automotive-telematics-market

The three key technologies that will drive the Asia Pacific automotive telematics market are:

Embedded Technology – Currently, this segment dominates the Asia Pacific automotive telematics market. Greater ease of assembly, ease of troubleshooting, reliability of components and fall in cost of electronic parts are factors driving demand for automotive embedded systems in this region. Increasing use of cloud-based telematics will also influence the APAC automotive telematics embedded technology market segment. FMI projects that this segment will display a double-digit CAGR during the forecast period.

Tethered Technology – The tethered technology segment in the Asia Pacific automotive telematics market will demonstrate the lowest growth at a single-digit CAGR during forecast period 2014–2020.

Smartphone Technology – Price advantages and growing smartphone penetration will fuel growth of the smartphone technology segment in the Asia Pacific automotive telematics market. FMI anticipates that evolving smartphone technology will witness the highest CAGR in double digits during the forecast period.

Currently, North America dominates the global automotive telematics market, followed by Europe. High penetration of the aforesaid technologies in Asia Pacific combined with saturation of European and North American markets will continue to fuel growth of the APAC automotive telematics market.

Elaborating on this trend, Kaitwade further stated, “In order to differentiate their product offerings, automotive OEMs are integrating telematics technologies into vehicles they manufacture.”

In addition, the expanding safety and security end-user segment and increasing prominence of social media in Asia Pacific will drive the automotive telematics market in the region. The safety and security end-user segment is anticipated to dominate the Asia Pacific automotive telematics market between 2014 and 2020 due to increasing consumer focus on safety and security aspects. Growing prominence of social media in the Asia Pacific region will also contribute to the growth of infotainment segment during the forecast period.

For key insights on the APAC Automotive Telematics Market, Request a sample at http://www.futuremarketinsights.com/reports/sample/rep-ap-47

Read More

Global Animal Healthcare Market Trends and Growth 2014 to 2020; Future Market Insights

In its new report, titled, “Animal Healthcare Market: Global Industry Analysis and Opportunity Assessment, 2015 - 2020”, FMI projects that the global animal healthcare market will witness a compound annual growth rate (CAGR) of over 5% through 2020 and reach a valuation of US$ 43 billion.
The animal healthcare market is witnessing a shift towards preventive healthcare, with farm owners investing in feed additives and periodic health check-ups of their livestock. This trend was phenomenal in Asia Pacific, which is a lucrative region for the animal healthcare market. It is anticipated that the feed additives segment will expand at a CAGR of 5.4% during the forecast period (2015-2020).

The lucrative feed additives business has prompted the entry of new entrants in the market. Wuliangye Yibin Co. Ltd., a leading alcohol producer in China diversified into the animal feed business last year by partnering with New Hope Liuhe. It is anticipated that there will be greater investments in the animal feed segment in the near future.

According to the Food and Agriculture Association (FAO) of the United States, global meat production is anticipated to reach 341 million tonnes by 2030. This increase in demand will be accompanied by rising concerns about food-borne zoonotic diseases. Consumer focus on safe and healthy meat products will provide an impetus to the animal healthcare market. The market for production animals - animals raised for meat and milk - is anticipated to be worth US$ 27 billion by 2020.

Browse Full: "Animal Healthcare Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/animal-healthcare-market

Pet humanisation trend has caught the attention of people in Asia, especially in China, India, and Southeast Asian countries. Consumers in these countries are spending more on pet food and pet care. Rising trend of pet adoption is anticipated to fuel the animal healthcare market during the forecast period. European and American market is already mature as far as pet humanisation is concerned, and generates strong demand for pet care products.

Region-wise, North America, Europe, and Asia Pacific are the three most lucrative markets for the animal healthcare market. The North American animal healthcare market was worth US$ 10.9 billion in 2014 and it is anticipated that it will expand at a CAGR of 4.5% through 2020 to reach a valuation of US$ 14.1 billion. In terms of revenue, the U.S. dominates the North American animal healthcare market; it had a market share of over 80% in 2014. Among the product segments, the demand for pharmaceutical products was more than that of vaccines and feed additives.

The European animal healthcare market is anticipated to exhibit a 4.7% CAGR through 2020 and reach a valuation of US$ 12.2 billion by 2020. France, Germany, and U.K. are the top three markets for animal healthcare in Europe. Turkey and CIS countries are anticipated to witness a higher growth rate than other European countries.

The animal healthcare market in Asia Pacific is anticipated to witness a CAGR of 6.2% through 2020 and reach a valuation of US$ 11.2 billion. China dominates the Asia Pacific animal healthcare market and it is anticipated to remain the most lucrative market through 2020 as well. Unlike Europe and North America, where pharmaceuticals are anticipated to generate the highest demand, the Asia Pacific animal healthcare market is characterised by high demand for feed additives.

For key insights on the Animal Healthcare Market, Request a sample at http://www.futuremarketinsights.com/reports/sample/rep-gb-431

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Ms Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

Read More

Global UV Tapes Market to be Worth US$ 437.9 Million by 2020; Future Market Insights

Future Market Insights (FMI), in its recent report titled, “UV Tapes Market: Global Industry Analysis and Opportunity Assessment 2015 -2020”, projects that the global UV Tapes market will be worth US$ 437.9 million by 2020. FMI’s analysis found that the global UV tapes market will expand at a CAGR of over 9% through 2020.

Robust Demand from Semiconductor Industry will boost the UV Tapes Market

UV tapes are being increasingly used in the semiconductor industry for back-grinding and wafer-dicing processes. The surge in consumer electronics market is expected to increase the demand for semiconductors. According to World Semiconductor Trade Statistics, the global chip market will grow by 3% through 2016 to reach a valuation of US$ 355 billion. Growing demand for semiconductors is anticipated to push the demand for UV tapes market globally.

Inefficiency of PSA tapes in high-temperature applications and concerns about their impact on the environment are other factors that are anticipated to provide a boost to the UV tapes market.

PO-based UV Tapes Have the Highest Demand

Among the various types of raw materials used for the manufacture of UV tapes, such as PO, PVC, PET, and acrylic adhesives, the demand for PO is anticipated to remain dominant through 2020. The market value of PO segment was worth US$ 166 million in 2015, and it is anticipated to reach a valuation of US$ 269 million by 2020.

Browse Full: "Global UV Tapes Market - Application analysis, competitive analysis, market value, company profile, industry growth,  segment analysis, trends, geography, size, regional outlook, CAGR, opportunity, share and forecast 2015 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/uv-tapes-market

Wafer-dicing & Back-grinding: Dominant Application Segments

Wafer-dicing and back-grinding are the two major application segments of UV tapes. The demand for UV tapes from both these end-use application segments is anticipated to remain strong during the forecast period (2015-2020), owing to sustained growth in the semiconductor processing industry. The market value of wafer-dicing segment is anticipated to be US$ 207.8 million by 2020 - which will be slightly more than the back-grinding application segment.

Furukawa Electric Co. Ltd., Nitto Denko Corporation, Mitsui Chemicals, Sumitamo Bakelite Ltd., and Lintec Corporation are the key companies in the global UV tapes market. Among these key companies, Furukawa Electric Co. Ltd. and Nitto have a strong presence in Taiwan and China, whereas Lintec Corporation is a dominant player in the Japanese UV market. These three companies collectively account for more than half of the market share of the global UV tapes market.

For key insights on the UV Tapes Market, request a sample at http://www.futuremarketinsights.com/reports/sample/rep-gb-435

Asia Pacific Dominates the UV Tapes Market

Region-wise, Asia Pacific dominates the UV tapes market in terms of value, and it is projected that it will continue to be the most dominant market through 2020 as well. The Asia Pacific UV tapes market is anticipated to witness a CAGR of 10.2% through 2020 and reach a valuation of US$ 323.5 million. Presence of large-scale commercial foundries and the growth in the consumer electronics segment are the two key drivers for the growth of the market. Other key region in terms of market value is North America, which is anticipated to expand at a CAGR of 6.8% through 2020. The North American UV tapes market is fuelled by growing investment in the semiconductor foundries, such as Intel.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact

Ms Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
USA Tel: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

Read More