Managed Security Services Market Insights, New Project Investment and Potential Growth Report By 2024

9th December 2019 – Global Managed Security Services Market is expected to reach USD 60.94 billion by 2024. Managed Security Services (MSS) is termed as a systematic method to manage an administrations security needs. The services may be held outsourced or in house to a service provider that supervises other companies’ information and network system security.

Its functions comprise of responding to emergencies, round-the-clock monitoring and management of intrusion detection systems and firewalls, performing security assessments and security audits, and overseeing patch management and upgrades. The managed security services market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Growing occurrence of cyber-attacks on IT infrastructure, strict government policy, and rising BYOD trends among organizations are documented as major factors of Managed Security Services Market that are estimated to enhance the growth in the years to come. However, growth in several strict information security regulations by government may restrain overall market in the coming years. Managed Security Services industry is segmented based on type, size, mode, vertical, and region.

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Managed Cloud Security, Managed Network Security, Managed Application Security, Managed Application Security, and other types could be explored in Managed Security Services in the forecast period. Others sector includes managed web security and managed database security. Managed network security sector accounted for the significant market share of Managed Security Services and is estimated to lead the overall market in the coming years. Large enterprises and SMEs are the organization sizes that could be explored in Managed Security Services in the forecast period. Cloud and on-premises are the deployment mode that could be explored in Managed Security Services in the forecast period.

The market may be categorized based on verticals like retail, banking, financial services, and Insurance (BFSI), manufacturing, telecom and IT, energy and utilities, healthcare, and others that could be explored in the forecast period. Others sector comprises automotive, education, and media & entertainment. The BFSI sector accounted for the significant market share of Managed Security Services and is estimated to continue its dominance in the coming years. This may be because of rising use of mobile and web applications for banking payments and transactions. In addition, healthcare sector is estimated to grow at significant CAGR in the coming years.

Globally, North America accounted for the substantial market share of Managed Security Services in terms of revenue and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers offering MSS in this region. Canada and the United States is a major consumer of Managed Security Services in this region. This may be because of enhanced R&D of security solutions and technologies.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise acceptance of advanced for growing cases of cyber-attacks on enterprises. The developing countries like India and China are the major consumers of Managed Security Services in the region.

The key players of Managed Security Services market are Wipro, IBM, NTT Security, SecureWorks, Fujitsu, Symantec, Fortinet, Trustwave, DXC, Verizon, CIPHER, AT&T, CenturyLink, Atos, BT, and BAE Systems. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Long Term Care Market 2024 by Manufacturers, Regions, Type and Application

9th December 2019 – Global Long Term Care Market is projected to witness an upward trend during the forecast period. Long term care facilities are an inseparable part of healthcare system in developed and developing countries. Under developed regions, those suffering from chronic illness and aging, normally demand long term care facilities. Services such as sanitation, medical care, and nutrition are on the rise in developing countries.

Long term care market is driven by factors such as increase in geriatric population, prevalence of chronic diseases, and rise in importance of long term care services. In addition, extensive government support in developed countries and various programme conducted by NGO’s are likely to stimulate the market growth in the forecast period. Change in lifestyle and increase in population are expected to stimulate the market in the forecast period. However, functional issues and service limitations are some factors that may hinder the market growth during the forecast period.

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By service type, the long term care industry segmentation includes social work services, therapeutic services, skilled nursing or nursing services, hospice services, pharmacy or pharmacist services, and mental health or counselling services. Skilled nursing or nursing services and pharmacy have gained a lot of traction due to emergence of e-commerce platforms and technology enabled product delivery.

Geographical segmentation for long term care market includes North America, South America, Europe, Asia-Pacific, Middle East, and Africa. North America is expected to dominate the long term care industry in the forecast period due to rise in government support and special attention toward medical needs of geriatric population. Subsequently, mergers and acquisitions, partnerships and collaborations are the major strategies adopted by key players in this region.

Asia-Pacific regions are likely to gain a substantial market share in the forecast period due to rise in medical importance and growth in home care services. Universities have now made it easy for students to pursue education in social science and nursing. Middle Eastern and African regions are likely to grow at a significant rate due to alarming rate of chronic diseases with unmet medical needs. The key players in the long term care market include American General Life (AIG), New York Life Insurance Company, State Farm Insurance, Thrivent and AARP Long Term Care.

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Kitchen Appliances Market Insights, Growth Analysis, Forecasts to 2022

9th December 2019 – Global Kitchen Appliances Market is expected to reach USD 246.3 billion by 2022. Kitchen appliances are the mechanical or electrical machines that complete household functions like food preservation, cooking, or cleaning. Manufacturers develop appliances in a way that any size kitchen can contain them. The exclusively used kitchen appliances are pressure cooker, mixie, gas stove, grinder, and refrigerator. The Kitchen Appliance Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Developing enhanced devices for customer convenience, growing number of e-commerce retailers, energy saving features, and developing rural electrification projects are documented as major factors of Kitchen Appliances Market that are estimated to enhance the growth in the years to come. Kitchen Appliances industry is segmented based on type, structure, product type, application, and region.

Dishwasher, refrigerator, cooking appliances, and the other types could be explored in Kitchen Appliances in the forecast period. Refrigerator sector accounted for the substantial market share of Kitchen Appliances in terms of revenue and is estimated to lead the overall market in the coming years. This may be because of merchandising purpose in commercial sector and growing need for food & beverage storage. Free stand and built-in are the structures that could be explored in Kitchen Appliances in the forecast period. Electricity-based, cooking gas-based, and other product types could be explored in Kitchen Appliances in the forecast period.

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The market may be categorized based on applications like household, commercial, and others that could be explored in the forecast period. Household sector accounted for the substantial market share of Kitchen Appliances in terms of revenue and is estimated to lead the overall market in the coming years. This may be because of changing lifestyle and replacement of old devices.

Globally, North America accounted for the substantial market share of Kitchen Appliances and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be growing disposable income and improving the macro-economic condition. The United States is a major consumer of Kitchen Appliances in this region. In addition, it is estimated to grow at highest CAGR in the coming years.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise increasing trend of nuclear families, developing power infrastructure in rural areas, and growing residential projects. The developing countries like India and China are the major consumer of Kitchen Appliances in the region.

The key players of Kitchen Appliances Market are Panasonic, Electrolux, Haier, Whirlpool; Life is Good (LG), Samsung, General Electric (GE), Philips, Dacor, and Morphy Richard. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Glycolic Acid Market – Analysis of Key Players, Application And Types, Growth, Trends, Forecast 2022

9th December 2019 – Global Glycolic Acid Market is anticipated to reach USD 415.0 million by 2024. Glycolic acid falls in the category of alpha hydroxy acid (AHA). Glycolic acid is colorless, odorless, hygroscopic crystalline solid. Additionally, the glycolic acid is water-soluble. Glycolic acid is found in pineapple, unripe grapes, sugarcane, sugar beets, and cantaloupe.

The factors that propel the growth of the Glycolic Acid Market include increasing demand from personal care and cosmetic industry, glycolic acid aids in reducing facial scars, marks, and age associated fine lines. On the other hand, there are factors that may hamper the growth of the market including growth of substitute products, and inhibitions with respect to hazardous nature of high absorption glycolic acid. Glycolic Acid industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Glycolic Acid industry may be explored by grade type, application, and geography. The key application that could be explored in the Glycolic Acid Market include Household, Personal Care, Industrial, and Others. The “Personal Care” segment led the Glycolic Acid industry in 2016 and is anticipated to maintain its dominance by 2024 due to growing demand for glycolic acid based products for hair nourishment and scalp treatment. The market could be explored based on Grade type as Pharmaceutical Grade, Industrial Grade, and Technical Grade.

Asia-Pacific accounted for the major share of the Glycolic Acid Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes increasing demand for anti-ageing products because of a rising aged population base, and production of a huge number of skincare and haircare markets.

Some of the key players that fuel the growth of the Glycolic Acid industry comprise Phorbol Animal Health Corporation, Parchem, Griffin International, Kureha Corporation, The Chemours Company, SimcoQC, Vornia Biomaterials, CrossChem LP, Zhonglan Industry Co, and DuPont. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Epilepsy Drugs Market Segmented By Company, Type, Application, and Region & Forecast

6th December 2019 – The global Epilepsy Drugs Market is anticipated to rise at a staggering CAGR in the forthcoming period. Epilepsy drugs have pharmacokinetic properties and are administered to children, adults, and adolescents. Carbamazepine is applicable for focal seizures with strong properties of inducing and enables development of milder tolerance level that could be increased weekly.

Epilepsy drugs market is highly driven by rise in cases of stroke, brain tumors, and brain injury. Antiepileptic drugs are prescribed due to the rising demands for treatment for epilepsy. Adoption of novel approach by manufacturers for production of therapeutic drugs also contributes to the market growth in the forecast period.

Change in lifestyle and increase in geriatric population with unmet medical needs along with rise in awareness is expected to trigger the market growth in the near future. However, rise in demand for generic drugs and availability of cheaper substitutes are likely to hinder the market growth in the forecast period.

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On the basis of generation, the epilepsy drugs market is segmented as first generation epileptic drugs, second generation epileptic drugs, and pipeline drugs. Pipeline drugs hold a significant market share in the forecast period due to their enhanced efficiency and efficacy.

Geographical segmentation for epilepsy drugs industry includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America is a huge market exhibiting higher potential in terms of diagnosis and treatments coupled with rise in prevalence of epilepsy since it has affected a major population in the United States.

Asia-Pacific regions have also registered a remarkable growth in the forecast period due to high prevalence of epilepsy in several parts of the region. Availability of drugs and treatment through novel mechanisms are some factors driving the market growth for APAC. Latin America is a huge market for epilepsy drugs that encompasses significant healthcare expenditure along with higher prevalence of epileptic cases in the region. The key players in the epilepsy drugs market include Sanofi S.A., UCB Pharma Ltd, Valeant Pharmaceuticals, Pfizer Inc, Johnson & Johnson Co, Abbott Laboratories Inc, Novartis AG, GlaxoSmithKline PLC, CephalonInc, and SunovionPharamceuticals.

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Cresol Market Report by Manufacturers, Regions, Type and Application Forecast 2024

6th December 2019 – The global Cresol Market size is expected to value at USD 795.7 million by 2024. The market is subject to witness a substantial growth due to increase in demand for vitamin E to produce food & dietary supplements and growing health consciousness among general population. Shift in trend towards healthy diet intake by young population and robust growth in the food & dietary supplements industry are expected to boost the market growth of cresol in the upcoming years. Globally, the cresol industry is predicted to grow at higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

Increasing demand for cresol derivatives for the production of vitamin E and electronic encapsulation products are expected to positively influence the growth of cresol market over the forecast period. Soaring demand for computers, display devices and handheld devices such as smartphones and tablets are anticipated to stimulate market demand for electronic encapsulation products involving cresol derivatives. The recent technological advancements in the cresol industry coupled with development of novel products are projected to drive the market growth in upcoming years. Rapid growth in food processing and electronic industry, particularly in the Asia Pacific region are expected to foster market growth as well.

Easy availability of the raw materials such as coal, tar and petroleum or toluene, which are essential for the manufacturing of Meta, para and ortho isomers are boosting overall market performance, in the recent years. Selection of the raw material is purely based on the overall manufacturing efficiency and waste management costs in regards to the manufacturing process. Toluene is considered as vital element in product manufacturing. Thus, variation in the cost of the raw material involving toluene directly affects price associated with final product.

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Additionally, production of isomers such as para and ortho, are dependent on the supply of the toluene. Increasing demand of toluene for manufacturing of xylene and toluene diisocyanates (TDI) has led to establishment of long-term contracts by key industry players with suppliers. These factors are expected to fuel market growth over the forecast period.

However, stringent laws and regulation by regional governments associated with adverse effects on atmosphere due to manufacturing waste is considered as major challenge for sustained market growth. The manufacturing waste contains harmful elements, especially for the aquatic environment. Substantial need for efficient waste management system for manufacturing plant is expected to increase overall production cost, thus limiting market growth to a certain extent. Yet, recent technological advancement are expected to minimize waste disposal cost and enhance the waste recovery efficiency, thus driving market growth further.

The cresol market is broadly categorized into two major types based on the product type such as p-Cresol and m-Cresol. p-Cresol is considered as one of the fastest growing segment in the m-cresol market with substantial revenue generation in the last couple of years. Growing popularity of the p-Cresol market segment is attributed to increasing consummation for production of butylated hydroxytoluene (BHT), which is an antioxidant, largely utilized in the food, cosmetics, and pharmaceuticals sector. m-Cresol has also witnessed massive growth, in the recent years owing to the rising adoption of m-Cresol as a chemical intermediate for producing resoles.

The cresol industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the implementation of latest technologies, constant demand for aroma chemicals and pharmaceuticals, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the cresol market with massive growth in forecast period.

Countries such as India and China are leading the Asia-Pacific’s market with increasing demand for cresol in the agrochemicals products, rising vitamin E demand for production of food & dietary supplements, and robust growth of electronics sector, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the cresol industry are Lanxess GmbH, Sasol Ltd., Atul Ltd., Anhui Haihua Chemical Technology Co., Ltd., Dakota Gasification Company, Konan Chemical Manufacturing Co., Ltd., Mitsui Chemicals, Inc., Rutgers Infratec GmbH, and Saudi Basic Industries Corporation (SABIC).

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Caustic Soda Market Outlook, Comprehensive Insights, Growth and Forecast 2024

6th December 2019 – Global Caustic Soda Market is anticipated to reach USD 46.31 billion by 2024. Caustic soda is used in bleaching pulp and in verticals such as inorganic, organic, dyes, and textile. The factors that propel the growth of the caustic soda industry include growing demand from the chemicals manufacturing, the increasing demand for alumina in the automotive industry, and the growing demand with respect to paperboards and paper. On the other hand, there are factors that may hamper the growth of the market including energy-intensive procedure of the production of caustic soda.

Caustic Soda Market is anticipated to grow at a significant CAGR of 3.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Caustic Soda industry may be explored by type, application, and geography. The market may be explored by type as Flake, Lye. Others may include prill, microprill, and pellet.

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The key applications that could be explored in the Caustic Soda industry include Inorganic chemicals, Alumina, Steel/Metallurgy – Sintering, Organic chemicals, Food and Pulp & Paper, Textiles, Soaps & Detergents, Water Treatment, and Others. The “Organic Chemicals” segment led the Caustic Soda Market in 2015 and is anticipated to maintain its dominance by 2024. Organic chemicals segment is followed by “Textiles” sector and anticipated to grow at USD 8 billion by 2024.

Asia-Pacific accounted for the major share of the Caustic Soda Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high product demand; which could primarily be attributed to the textile industry development in the developing countries such as India, China, Taiwan, Vietnam, etc. The demand in this region is estimated to escalate further due to increasing consumption in organic chemicals, soaps & detergents, aluminum, etc. followed by North America region.

Some of the key players that fuel the growth of the Caustic Soda industry comprise Formosa Plastics Corporation, Dow Chemical Company, PPG Industries, Tosoh Corporation, Ineo’s Group Limited, Hanwha Chemical Corporation, Occidental Petroleum Corporation, FMC Corporation, and Solvay SA. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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