The global聽Fluoropolymer Films Market聽is expected to reach USD 2.17 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period.
Fluoropolymer films are widely used in different application industries including construction Cheap Steelers Jerseys , aerospace, automotive, packaging, electronics, and electrical. Furthermore Wholesale Mason Rudolph Jersey , it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities.
In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance-to-solvents is required.
The demand for fluoropolymer films is anticipated to increase on account of growth in various application industries Wholesale James Washington Jersey , especially construction. It is widely used in construction sector on windows and doors for security and safety applications. Moreover, it holds superior light and temperature control, aesthetic appearance and protection from UV rays. These factors are anticipated to contribute to healthy growth of market over the coming years.
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Further key findings from the report suggest:
Packaging segment will experience healthy growth in terms of value at a CAGR of 7.5% from 2017 to 2025 on account of its precipitation capabilities and performance through value added lamination & coatings Polyvinyl fluoride (PVF) emerged as the fastest growing type segment in terms of revenue in 2016 and is estimated to reach USD 551.9 million by 2025. Global fluoropolymer films in fluorinated ethylene propylene segment was USD 156.6 million in 2016 and is anticipated to experience healthy growth over the years ahead The U.S. fluoropolymer films market in terms of revenue was USD 268.4 million in 2016 and is expected to grow a rate of 8.5% from 2017-2025. Continuous economic development and increasing capital spending in the country is anticipated to boost demand for fluoropolymer films over the forecast period Key players including E. I. du Pont de Nemours and Company, Chemours Company, The 3M Company Wholesale Chukwuma Okorafor Jersey , Saint-Gobain S.A., The Dow Chemical Company, Solvay S.A. and Evonik Industries dominated the global market
IT-enabled Healthcare Market to Exhibit 11.80% CAGR from 2014 to 2020 Health Articles | July 31, 2016
Transparency Market Research Report Added "IT-Enabled Healthcare Market - Global Industry Analysis, Size Wholesale Terrell Edmunds Jersey , Share, Growth, Trends and Forecast 2014 - 2020"
The IT-enabled healthcare market is highly fragmented with a large number of established players. Key players such as McKesson Corporation, Cerner Corporation, GE Healthcare Wholesale Joshua Dobbs Jersey , IMS Health Holdings, Inc., and Philips Healthcare have established themselves and collectively accounted for 14.3% of the market in 2013. Players are focusing on extensive product development and integrating across the value chain to reduce the overall cost of IT-enabled healthcare, states a new report by Transparency Market Research (TMR).聽
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The threat of new entrants is high as new players are attracted by the rapidly expanding market. The low initial investments required and the low regulatory barriers in the market also work in the favor of new entrants. However, new entrants require access to distribution channels and also partnerships would be vital for their growth. Since no external substitute for this technology is available Wholesale Cameron Sutton Jersey , the threat of substitutes is expected to be low in the coming years.
Government Initiatives Promote Adoption of IT-enabled Healthcare Services
The various government initiatives across the globe are promoting the growth of IT-enabled healthcare market. Governments across the globe have been taking many efforts to ensure that people get technologically advanced healthcare infrastructure. The market is also driven by the rising incidences of chronic diseases. Since chronic diseases require long-term medication and continuous monitoring, IT-enabled healthcare solutions proves beneficial.
The rising administrative and operational cost of healthcare organizations have created a need for cost effective solution to provide healthcare to patients. As such, IT-enabled healthcare is attractive in terms of its cost-effectiveness and efficiency as compared to the conventional paper-based systems. Thus, the adoption of IT-enabled healthcare systems is expected to rise in the coming years.
Data Security: Matter of Concern for Healthcare Organizations
The information shared between different healthcare organizations is sensitive in nature and thus, requires a secure and reliable exchange method. Issues such as intrusion Wholesale Joe Haden Jersey , data corruption, fraud, and damage, need to be addressed to increase the acceptance and adoption of IT-enabled healthcare services. Healthcare organizations need to implement strong information security management practices to ensure data privacy.
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