Wednesday, 27 February 2019

Silver Oxide Battery Market Report, Demand and Forecast 2026

Silver oxide battery consists of silver oxide as positive electrode and zinc as negative electrode. It contains potassium hydroxide or sodium hydroxide as electrolyte. Silver oxide batteries are used widely, owing to its durability and high energy weight ratio.
It is commonly used as miniature power source. Small button silver oxide batteries are widely used in watches, calculators, toys, hearing aids, and photo electric exposure instruments. Larger batteries are used in missiles, submarines, aerospace, and underwater applications.
Advantages of silver oxide batteries such as high capacity, low shelf discharge, and long shelf-life is a major factor driving growth of the global silver oxide battery market.
According to a Coherent Market Insights’ study, global hearing aids market was valued at US$ 7,584.8 million in 2016 and is expected to witness a robust CAGR of 4.6% between 2017 and 2025. This significant growth in the hearing aids market is propelling growth of the global silver oxide battery market.
Growing adoption of electronic wearables is fuelling growth of the global silver oxide battery market. According to Consumer Technology Association, health, fitness, and sports technology including fitness activity trackers, hearables hearing devices, smartwatches, and others is estimated to reach sales of 49.3 million units in 2018, an increase by 4% in from 2017 in the U.S.
However, high cost of silver in the silver oxide batteries is a major factor negatively affecting growth of the global silver oxide battery market.
The global silver oxide battery market was valued at US$ 15.55 Billion in 2017 and is anticipated to register a CAGR of 3% in terms of revenue, over the forecast period (2017 – 2025) to reach US$ 19.70 Billion by 2025.
North America held significant market share in the global silver oxide market in 2017. The U.S. was a major contributor to market growth in this region. This is owing to increasing focus of key players in the region on development of new products.
For instance, in March 2018, Naval Surface Warfare Center Crane Division, U.S. announced US$ 12.5 million contract to BST Systems Inc. and to EaglePicher Technologies LLC for developing rechargeable silver oxide zinc batteries of capacity 750 ampere per hour for deep submergence application on undersea vehicles by February 2023.
Increasing demand for toys is fuelling growth of the market in North America as silver oxide batteries are widely used in toys. According to the U.S. Census Bureau, annual sales of toys, games, and hobby goods in 2014 was US$ 10,623 million, which increased to US$ 12,110 million in 2015. Furthermore, according the Toy Association, which is an American trade association, toy sales in the U.S. increased by 5% in 2016 from 2015.
Silver oxide battery market is expected to grow rapidly in Asia Pacific during the forecast period (2018-2025). This is attributed to increasing demand from countries including China, Japan, South Korea, and India.
According to the Battery Association of Japan, sales of silver oxide batteries in Japan in 2016 was 778 million pieces, which increased to 786 million pieces in 2017. Furthermore, according to the Ministry of Economy, Trade and Industry, Japan, sales of silver oxide batteries in Japan was US$ 8.49 million in April 2018.
Growing electronics industry is supporting growth of silver oxide battery market in this region. According to India Brand Equity Fund (IBEF), Government of India, electronics market in India is projected to reach US$ 400 billion 2020 from US$ 100 billion in 2016.
Key players operating in the global silver oxide battery market includes Panasonic Corporation, Energizer Holdings, Maxwell Technologies, Inc., Seiko Instruments Inc., Berkshire Hathaway Inc., Sony Corporation, Toshiba Corporation, Renata SA, Camelion Battery, and Varta AG.
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Flavored and Functional Water Market - Global Industry Insights, and Forecast till 2025

Flavored water can be described as purified or mineral water infused with different flavors, fruit extracts, and sweeteners. Functional water is fortified with vitamins, minerals, amino acids, herbal extracts such as licorice extracts and others, in order to make it healthier and for functional benefits such as aiding in improving immune system, lower cholesterol levels, improved digestion, and weight management. Increasing health consciousness as well as increasing consumer awareness of benefits of consumption of vitamins and minerals such as bolstering immune system is driving growth of the global flavored and functional water market.
Furthermore, growing demand for bottled and packaged water due to its advantages such as safety and convenience is fuelling growth of this market. According to the International Bottled Water Association, consumption of bottled water increased by 7.9% in 2015 as compared to previous year in the U.S.
Low calorie and unsweetened flavored and functional water is gaining traction, owing rise in health concerns such as obesity and diabetes. According to World Health Organization, in 2016, 39% women and 39% men were overweight globally. Furthermore, according to Organization for Economic Co-operation and Development (OECD), obesity update 2017, global obesity levels are expected to increase steadily by 2030, thereby increasing demand for low calorie and low sugar drinks.
Launch of new flavors and products is bolstering growth of the global functional and flavored water market. For instance, in January 2018, JUST launched a line of flavored water including organic apple cinnamon organic lemon and organic tangerine. Also, Coco-cola Company added new flavors such as pear kiwi and pomegranate blueberry in its Dasani flavored water brand in March 2018. However, availability of low cost carbonated drinks is hindering growth of the global flavored and functional water market.
The global flavored and functional market was valued at US$ 29.01 billion in 2017 and is anticipated to register a CAGR of 11.98% in terms of revenue, over the forecast period (2017 – 2025) to reach US$ 70.32 billion by 2025.
North America dominated the global flavored and functional water market and held revenue share of 33.48% in 2017. This is attributed to significant consumer demand for beverages. According to the Centers for Disease Control and Prevention, 49.3% of the U.S. adults consumed atleast one sugar sweetened beverage including flavored water, juices, and others in a day between 2011 and 2014. Furthermore, rise in health awareness is increasing demand for functional beverages in this region. According to the U.S. Department of Agriculture, the functional food market, which includes functional water was valued at US$ 3 billion in 2016 and is growing rapidly, due to increasing awareness of benefits of functional food and beverages.
Asia Pacific flavored and functional water market is growing rapidly, owing to increasing health awareness among consumer along with rising awareness of benefits of consumption of functional beverages such as improved immunity system among others. Manufacturers are launching innovative products, owing to increasing demand for flavored and functional water in Asia Pacific. For instance, in July 2017, NourishCo Beverages Ltd. launched Himalayan Orchard Pure flavored water and in October 2017, PepsiCo Inc., launched Aquafina Vitamin Splash in India.
Players operating in the global flavored and functional beverages market are adopting various strategies such as product development, collaborations and acquisitions to sustain in the competitive market. For instance, in February 2018, PepsiCo Inc. launched Bubbly, a brand of sparkling flavored water in different flavors such as apple, strawberry, and mango. In October 2017, The Coca-Cola Company acquired Topo Chico, a manufacturer of flavored water, for US$ 220 million. Also, in November 2016, Dr. Pepper Snapple (DPS) Group acquired Bai Brands, LLC, a beverage manufacturer, for US$ 1.7 billion.
Key players operating in the global flavored and functional water market are Nestle S.A., Danone S.A., Kraft Foods Inc., The Coca-Cola Company, PepsiCo, Inc., New York Spring Water, Hint Inc., Sunny Delight Beverages Company, Herbal Water, Inc., and Talking Rain Beverage Co.
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Flake Graphite Market Structure, Industry Analysis, and Forecast 2026

Flake graphite is a type of natural graphite. It is a common variety of natural graphite and are mined in the U.S., Central America, Canada, South America, Russia, Germany, Ukraine, Africa, and China. Commercial flake graphite is available in sizes such as +50-mesh, +100-mesh, and -100-mesh and offered in different ranges of purity from around 80% carbon to 99% carbon.
Market Dynamics
Flake graphite is used in anodes of lithium ion batteries, which are used in electric vehicles. Growing demand for electric vehicles market is driving growth of the global flake graphite market. According to International Energy Association, number of electric cars sold in 2016, was 750 thousand, worldwide. Moreover, China was the largest electric cars market in 2016, and accounted for over 40% of the electric cars sold, globally.
Flake graphite is used in energy application such as fuel cells, vanadium-redox battery technology, and pebble-bed nuclear reactors. Growing energy industry is propelling growth of the flake graphite market, owing to flake graphite’s wide applications. According to the U.S. Energy Information Administration, world energy consumption was 575 quadrillion British thermal units (Btu) in 2015, which is estimated to reach 736 quadrillion Btu in 2040.
Market Outlook
North America held significant market share in the global graphite market in 2017, owing to demand for flake graphite in lubricants, steelmaking, and refractory applications among others. According to the U.S. Geological Survey, natural graphite was not produced in the U.S. in 2017, however the firms operating in the U.S. consumed 24,000 tons of graphite valued at US$ 42.9 million in the same year. During 2017, the U.S. natural graphite imports were 50,000 tons out of which 75% was flake and high quality graphite.
Growing demand for lithium ion batteries in North America is fuelling growth of the flake graphite market. According to the U.S. Energy Information Administration, 80% of the installed energy and power capacity of large scale battery storage in operation in the U.S. was lithium ion in 2016.
Asia Pacific is expected to be the fastest growing flake graphite market during the forecast period, owing to increasing demand of graphite flakes from emerging economies such as India and China. Favorable government policies is encouraging adoption of electric vehicles, which in turn is increasing demand for graphite flake for producing lithium ion batteries required for such vehicles. For instance, the government of China exempted electric vehicles from purchase tax between 2012 and 2017, which has extended till 2020.
Key Players
Players operating in the flake graphite market are adopting various business strategies including mergers and acquisitions for business expansion. For instance, in December 2017, Westwater Resources, Inc. planned to acquire Alabama Graphite Corp., a mineral exploration and development company involved in flake graphite mining.
Key players operating in the global flake graphite market include GrafTech International Ltd., AMG Advanced Metallurgical Group N.V., Asbury Carbons, Kaiyu Industrial (Hk) Limited, Mason Graphite Inc., Triton Minerals Ltd., and Northern Graphite Corporation.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Sodium Molybdate Market Demand, Analysis and Outlook to 2026

Sodium molybdate (Na2MO4) or disodium dioxide molybdenum is a chemical compound with a molecular weight of 241.95 g/mol. It is extensively used as a corrosion inhibitor for water treatment in industrial applications, as a nutritional supplement in the food industry, and in fertilizer applications.
It is used for nitrogen fixation in order to support healthy growth of leguminous plants such as peas, clover, and lucerne. Sodium molybdate is used as an effective additive in the production of sodium chlorate to minimize environmental impact without hampering efficiency.
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Market Outlook
Growing industrialization is leading to the discharge of wastewater and harmful chemicals in the ecosystem. Stringent government regulations associated with the environmental safety and water disposal is increasing adoption of chemical and water treatment solutions.
According to United Nations Industrial Development Organization’s (UNIDO) report published in 2017, global Manufacturing Value Added (MVA) was valued at US$ 11.9 trillion in 2015, and is anticipated to increase further in near future. Furthermore, emerging economies such as China and India recorded the fastest growth with India shifting from 14th position in 2005 to 6th position in 2015, in the ranking of world’s largest manufacturing industry. Expanding manufacturing production is creating higher demand for water treatment solutions. Subsequently, increasing the demand for sodium molybdate in near future.
The increasing cost of raw material and toxicity of sodium molybdate is predicted to hamper the market growth. However, rising demand for high-performance pigments & dyes from infrastructure and textile industry coupled with increasing awareness towards healthy and dietary supplement are major drivers for the market growth. Sodium molybdate is found in dietary supplements and is a good source of molybdenum. Escalating applications of sodium molybdate in various applications such as seed and water treatment is projected to upsurge the demand from end-use industries.
Sodium Molybdate Market - Key Players
Key players operating in the sodium molybdate market include Sisco Research Laboratories Pvt. Ltd., Redox Pty Ltd, Merck KGaA, The Chem-Met Company, and Nippon Inorganic Colour & Chemical CO., Ltd.
Sodium Molybdate Market Taxonomy
On the basis of product type, the global sodium molybdate market is segmented into:
    • Crystal
    • Solution
On the basis of application, the global sodium molybdate market is segmented into:
    • Water treatment
    • Fertilizer
    • Pigments & dye
    • Corrosion inhibition
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Permeate Market Industry Analysis, Growth Outlook and Forecast 2026

Permeate is a by-product obtained during ultrafiltration of milk to extract milk protein and fat. The extract is dried using advanced spray drying techniques. Milk permeate powder is a natural food ingredient with outstanding functional & nutritional characteristics and can be used to standardize milk. It is used in a varied range of applications including bakery, dairy, beverages, confectionery, seasonings, soups, sauces, and desserts.
Market Dynamics:-
Global permeate market is gaining major traction, owing to its application in standardizing milk while retaining taste and maintaining nutrition value at the same time. In food & beverages industry, permeate is used to enhance flavor and improve texture of food products. Low lactose permeate is now being used as electrolyte beverages. Growing global milk industry is expected to boost the permeate market during forecast period. According to Food and Agricultural Outlook, global milk consumption was registered at 811 million tons in 2017, which is projected to increase by 22% to 1,168 million tons by 2030.
In recent years, permeate has emerged as a partial replacement for sodium chloride for brining of meat and poultry products to lower the sodium content. Brining of meat products is essential to increase its shelf life, enhance taste, and retain tenderness while cooking. Growing meat consumption is also expected to propel growth of the global permeate market. According to Food and Agriculture Organization, the global per capita meat consumption was around 30.8 kg in 2016, which is expected to reach to 35.4 kg by 2026.
Permeate often contain high percentage of lactose (65-85%) and is known to cause adverse impact on body weight and digestive system. High content of lactose in permeate might lower its usage in food & beverages products, which may hamper growth of the global permeate market.
Market Outlook:-
Asia Pacific is expected to hold dominance in the global permeate market over the forecast period. Growing population and rising demand for processed food is expected to provide traction to permeate market during the forecast period. For instance, according to the Associated Chambers of Commerce and Industry of India, India processed food industry was valued at US$ 258 billion in 2015, which is expected to increase to US$ 482 billion by 2020.
Growing meat consumption in Asia Pacific is also expected to propel demand for permeate during forecast period. For instance, according to Organization for Economic Co-operation and Development (OECD), China’s annual meat consumption was registered at 49 kg per capita in 2015, which is expected to increase 55 kg per capita by 2026.
Key Players in the Global Permeate Market:-
Key players operating in the global permeate market are Arion Dairy Products B.V., Hoogwegt Group, Idaho Milk Products Inc., Agropur Ingredients, Rawa Pharm, Volac Feeds Limited, Lactalis Ingredients SNC, Armor Proteines S.A.S., Glanbia Ingredients, and Proliant Dairy Ingredients.
Major players are adopting various business strategies to meet the growing demand for permeate in the market. For instance, in August 2018, Glanbia Nutritionals and Proliant Dairy Ingredients entered into a joint venture to set up a plant in Michigan to produce whey protein by investing US$ 85 million.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Tuesday, 26 February 2019

Foam Roller Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2026

Foam rollers are used to apply pressure on certain body parts for relieving pain. It is used in workouts to improve muscle recovery and increase flexibility. It helps in preventing muscle soreness and tightness. Foam rollers are used to massage muscles, in self-acupressure, as a yoga prop, and core strengthening and stretching exercises.
Market Dynamics
Growing health awareness and increasing participation in physical fitness activities is driving growth of the global foam roller market. For instance, according to Sports England, which is public body under the Department for Culture, Media and Sport, 229,400 more people played sport in 2016 than they did in 2015 in the U.K.
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According to the World Health Organization, 650 million adults were obese in 2016, globally. Rise in instances of obesity and growing awareness of health complications due to obesity such as high blood pressure, heart diseases, and osteoarthritis is increasing focus of people on exercise. Increasing adoption of exercise is in turn increasing demand for exercise equipment such as foam rollers.
Market Outlook
Foam roller market in North America is estimated to grow at a significant pace during the forecast period (2019-2026). Moreover, the U.S. held the highest market share in 2017 in the North America foam roller market. This is attributed to increasing number of people actively involving in sports and exercise. According to the U.S. Department of Labor, Bureau of Labor Statistics, daily average participation in sports and exercise grew up to 3.6% in 2015, as compared to that in 2003. According to the National Collegiate Athletic Association (NCAA), in the U.S., over 460,000 student athletes compete in over two sports activities, every year.
Europe held significant market share in the global foam roller market in 2017. Increasing government investments in training programs and facilities that make it easier for people to play sports and develop their talent is burgeoning growth of this market. For instance, in 2017, Sport England received US$ 68 Bn from the U.K. government and National Lottery funding to invest in projects that will create opportunity to play sports.
Key Players
Players operating in the foam roller market are launching new innovative products to cater to increasing demand for their products. For instance, in July 2017, TriggerPoint launched GRID VIBE premium vibrating foam roller consisting for pain reduction and muscle relaxation.
Key players operating in the global foam roller market include Implus Footcare LLC, Technogym S.p.A., Yes4All, RumbleRoller, Adidas AG, Joinfit Hong Kong, LuxFitProducts, Master of Muscle, and ProSource.
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Molybdenum Market Research Report Analysis and Forecasts to 2026

Molybdenum is a silver-grey colored metal that is hard, malleable, and ductile in nature with excellent strength at high temperature, high melting point, and high thermal conductivity. It is highly resistant to heat, which makes it useful in the production of alloys of iron and steel. Molybdenum is extracted from molybdenite and the major molybdenite deposits are in the U.S., China, Canada, and Chile. According to the U.S. Geological Survey (USGS), China, Chile, the U.S., Peru, Mexico, and Armenia accounted approximately 95% of total global molybdenum production in descending order.
Market Dynamics
Molybdenum is used in stainless steel, commonly in the range of 2 to 4%, which helps in improving the resistance to pitting in chloride environments and to fissure in Fe-Cr-Ni alloys and Fe-Cr alloys. This is one of the major factors driving growth of the molybdenum market. Furthermore, increasing demand for various steel such as stainless steel, structural steels, and others, particularly in China, fuels growth of this market. According to the World Steel Association, China is the largest producer of steel, by producing 803.8 million metric tons in 2015 and it was increased to 808.4 million metric tons in 2016.
However, molybdenum fumes and dust produced during metalworking or mining may be toxic if ingested, which is expected to hinder growth of the global molybdenum market.
Market Trends
Among end-use industries, the automotive segment is expected to witness a significant growth in the near future. Molybdenum alloy is used in various automotive parts such as vehicle’s flywheel, clutch, and other parts, owing to its excellent strength to weight ratio, which makes molybdenum a vital material in automotive vehicles. Growing automotive industry results in increasing demand for molybdenum, thereby fueling the molybdenum market growth. According to the India Brand Equity Foundation (IBEF), the automobile market was valued at US$ 74 billion in 2015 and is expected to increase up to US$ 300 billion by 2026.
Among applications, the fertilizer segment is expected to show a significant growth in the global molybdenum market over the forecast period. Various manufacturers are focusing on launching new products and plant expansion to expand their product portfolio and to cater to increasing consumer demand, which in turn is driving growth of this segment. For instance, in April 2018, Artal Agrinutrients launched Artal Rice, which is a liquid mixture of molybdenum, boron, and zinc to improve yield and to increase number and size of grains.
Market Outlook
North America holds a significant position in the global molybdenum market growth, owing to growing oil and gas industry in the region. Shale gas revolution has paved path to increasing exploration and production activities in this region. According to the U.S. Energy Information Administration, the total shale production in the U.S. in 2014 was 13.4 trillion cubic feet, which raised up to 15.2 trillion cubic feet in 2015. Increasing offshore E&P activities in shallow and deep water contributed to the growth of oil and gas chemicals in this region.
Furthermore, increasing mining production of molybdenum results in growth of the molybdenum market. According to the United States Geological Survey (USGS), in the U.S., mine production in 2016 was 35,800 metric tons, which increased up to 44,600 metric tons in 2017.
Asia Pacific is expected to be the fastest growing region in the global molybdenum market over the forecast period. This is owing to increasing demand for stainless steel in various end-use industries such as automotive, energy and heavy industries, and others in emerging economies such as China. According to the Department of Industry, Innovation and Science, a department of the Australian Government, stainless steel production in China was around 25 million tons in 2016, whereas, Japan was the second largest market for stainless steel production accounting for 3.3 million tons in 2016.
Key Players
Some of the leading players operating in the global molybdenum market include Centerra Gold Inc., Codelco Mining Company, China Molybdenum Company Limited, Freeport-McMoRan Inc., Anglo American plc., Cronimet Group, Jinduicheng Molybdenum Group Co., Ltd., Shaanxi Non-Ferrous Metals Holding Group Co., Ltd, Antofagasta plc., Grupo México, and S.A.B. de C.V.
Molybdenum Market Taxonomy
On the basis of application, the global molybdenum market is segmented into:
    • Alloys
    • Catalysts
    • Fertilizers
    • Foundry
    • Others
On the basis of end-use industry, the global molybdenum market is segmented into:
    • Automotive
    • Oil & Gas
    • Aerospace & Defense
    • Chemical
    • Energy
    • Others
About Coherent Market Insights:
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