Demand for On-site Preventive Care Surges as the Treatment landscape Shifts from ‘Sick Care’ to ‘Well Care’

With the continual advancements in the healthcare sector, there is a major transition witnessed in the way patients are addressed and treated. While curative care remains a significant aspect of healthcare, preventive care is also gaining major focus over time. On-site preventive care being a low-cost solution for avoiding health issues, there is major traction gained by on-site preventive care. Various initiatives are being implemented across the globe that focuses on boosting wellness, improving the lifestyle of individuals, and lowering the healthcare costs. On-site preventive care providers are gaining tremendous growth opportunities owing to these burgeoning initiatives.

Short-term Treatment Requirements Lay Increased Emphasis on Secondary Healthcare Services

The increasing short term treatment requirements amongst patients are creating requirements for secondary healthcare services, such as acute care. The patients receive active short-term treatment in such on-site preventive care services. This clinical service responds to immediately limb-threatening or life-threatening health conditions. Acute care, therefore, significantly supports the progression of strong health systems. Recognizing the positive impact of such clinical services, various organizations are making efforts to introduce these types of on-site preventive care centers.

For instance, a healthcare provider based in Naples, Florida—HealthLynked Corp. recently announced that it has incorporated over 7000 acute care centers and hospitals into its domestic market. These efforts are aimed at strengthening their efforts to expand their network and transform how medical information is delivered.

Companies Extending On-site Preventive Care for Employees

Administrations and organizations gain treatment options and representative healthcare services in their workplace for their employees from on-site preventive care. The on-site preventive care services help reduce the risk of future illness amongst employees by catering to their current health concerns, physical routine, vaccinations, health screening and further identify future health risks. Leading organizations are leveraging the benefits of on-site preventive care in an effort to boost employee welfare. By pushing employees to preventive care and urgent care, companies hope to keep their employees healthier.

In an effort to bring down health costs, companies such as Amazon are taking the lead in pushing for new ways such as offering on-site preventive care services. In line with this, the company had expressed its plans to set up primary health clinics for its Seattle employees and their families. The company was also witnessed making a partnership with Berkshire Hathaway and J.P. Morgan Chase to bring down costs and improve quality of care.

Amazon is not the only one taking on-site preventive care initiatives. Apple, a globally recognized company, has also made efforts towards employee healthcare and wellness. Joining fellow technology giants, Apple has also initiated its on-site wellness clinic for its employees. The focus remains on preventive care and patient outcomes with an effort to pinch on the initiatives implemented by several other companies.

Another financial services company in the US, National Life Group, also launched an on-site preventive care clinic for offering health services to all its employees. Being an on-site preventive care service, this clinic focuses on helping the employees live a better life positively while improving their lifestyle. Having the potential to lower cost and improve outcomes, this on-site preventive care center has its focus on wellness and health prevention.

New On-site Preventive Care Facilities Initiated

With the increasing emphasis given to preventive care, various on-site preventive care services are being introduced by providers across the globe. Services such as diagnostic screening, wellness, and nutrition management are flourishing in the on-site preventive care landscape. New expansions are being witnessed in the on-site preventive care landscape. For instance, a US-based healthcare and retail pharmacy company recently stated its plans to expand its free wellness and health screening campaign in California through the year 2019. This plan is a part of their commitment to building healthier communities across the country.

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Plastic Additives Manufacturers Spot Lucrative Opportunities in Asia Pacific; Expand Production Capacities to Firm up Presence

Finding significant application in various end-user industries plastic additives are gaining major traction over time. The increasing incorporation of plastics for a large number of applications is further fueling the demand for plastic additives. Replacing conventional materials, plastics are becoming a vital part of the several manufacturing facilities and units. Engineered plastics possess superior properties including electrical and mechanical attributes that make them a superior choice over other materials such as paper, metal, ceramic, and glass. Furthermore, the increasing demand for light weighing materials is further driving the plastic demand, further driving the utilization of plastic additives. As plastic additives improve the processing characteristics and properties of plastics, they play a major role in gaining high-performance plastics. The Asia Pacific market for plastic additives has showcased tremendous growth opportunities for the plastic additives manufacturers, with a significant demand growth reflected by this region.

Key Developments in Plastic Additives Production Landscape

With the continual requirements for plastic additives, leading companies producing plastics additives are working towards transforming the production landscape of plastic additives to ensure that future requirements are addressed effectively. The Asia Pacific region being a lucrative market for plastic additives, leading manufacturers of plastic additives are leveraging the potential held by Asia Pacific countries, thereby gaining major profitability over time.

BASF, for instance, a leading name in the plastic additives landscape, is making similar efforts for strengthening its presence in the Asia Pacific region. The company has notably recognized the increasing demand for plastic additives, thereby making strategic arrangements to gain benefits from the same. BASF initiated a new and the company’s first plastic additives factory in Shanghai, China and the seventh production site of BASF around the world. Targeting the robust demand in China, this new factory that would come in production in two phases in 2019 and 2020 respectively is claimed to a production capacity of about 42000 tons. Apart from the production expansion, the company focuses on innovation as its next crucial strategy that could help it maintain a significant market position.

BASF is not the only plastic additives manufacturer that focused on production expansion. Clariant, a globally recognized specialty chemicals provider and a prominent manufacturer of plastic additives recently announced the introduction of two new completely-owned additives facilities in its Zhenjiang, China site. This multi-million investment would place the plastic additives business of the company in China on track for further expanding its offering of high-end, customized solutions for coatings, plastics, and ink industries.

New Offerings Redefine Plastic Additives Capabilities

Innovations remain at the heart of development and profitability for plastic additives manufacturers. Companies are constantly working towards introducing new and improved plastic additives that could help achieve significant performance of plastics. For example, a leading chemical company Solvay recently showcased its advancements in UV stabilization for plastics at Asia’s leading trade fair for plastics and rubber, Chinaplas. The stabilizers protect the appearance and physical properties of plastics from the exposure to UV light and provide an optimal balance of cost and process efficiencies. Solvay presented its complete portfolio that focuses particularly on the prominent market in the Chinese province.

 Another company providing polymer additives, Addivant has also introduced a breakthrough product in the plastic additive space, nonylphenol-free stabilizer WESTON 705, which has secured the approval for food contact in China. Furthermore, a next-gen LLDPE (linear low-density polyethylene) packaging based on WESTON 705 has been commercialized, thereby bringing new level of performance, safety, and efficiency in food packaging across Asia, Europe, and North America. An in-depth analysis of the plastic additives market is presented into the research publication.

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Tech Innovations in Medical Gas Analyzers Enable Improved Accuracy and Procedural Insights

Medical gas analyzers including devices such as concentrators, vacuum systems, monitoring systems, and regulators are a few of devices that are finding increasing applications in the healthcare facilities such as hospitals and clinics. They are used to analyze gas mixtures that are commonly used in healthcare procedures such as oxygen, nitrous oxide, and carbon dioxide to check for the accurate concentrations of the mixture ingredients.

Technological advancements in the field, and new products being released in the market, in addition to the growing awareness about the effect of medical gases on patient safety, are crucial influencers that are propelling the demand for gas analyzers in the medical and healthcare industries.

 Pollution and Smoking Habits Drive the Application of Medical Gas Analyzers

 In the past few years, cardiovascular diseases such as chronic obstructive pulmonary disorders have shown a significant rise owing to a larger number of geriatrics, growing air pollution in extremely populations, and poor lifestyle choices such as heavy smoking, which creates a requirement for advanced medical gas analyzers such as medical vacuum pump systems.

Moreover, modernization in healthcare infrastructure, favorable insurance and reimbursement policies, and rapid evolution of new technologies are key trends that are driving the production and use of medical gas analyzers. Also, the growing trend of medical tourism to developing countries such as India and China are also boosting the demand for these devices in these regions.

Technological Innovations Drive the Development of New Products

Major medical gas analyzer manufacturers are increasingly focusing towards innovations to improve on patient care and monitoring functionalities to stay relevant as per the evolving need of the healthcare and medical industries, and to gain an edge over competitors.

For example, the Wishard Memorial Hospital, based in the U.S. makes use of a NASA developed Remote monitoring system that is used to monitor and send alerts about the use of anesthetic gases, oxygen, carbon dioxide, and nitrogen concentration, to ensure that patients who are going through a surgical procedure have the right environment for breathing. The gas analyzer that is integrated to the system is capable of analyzing and monitoring the intake and exhalation of up to 16 patients at the same time, while giving alarms at adverse irregularities.

U.S. based Meeco has developed a range of medical gas analyzers that specialize in moisture analysis for industries such as hospitals, aviation, and gas supply, with online monitoring functionality, compactness for portability and durability, and rechargeable battery pack, with the aim of enabling on-field gas analysis.

Enmet LLC has also revealed a range of compressed airline and respiratory air analyzers and monitors that are capable of continuous in-line carbon monoxide monitoring, and a three stage air filtration system, for the real time analysis of up to four gases simultaneously, while also being compliant with OSHA standards.

OPTIMedical has introduced a blood gas and electrolyte analyzer that makes use of a proprietary optical fluorescence technology, which eliminates the need for contact points or electrodes that significantly reduces the need for maintenance procedures.

Strategic Expansion and Acquisitions Gain Importance 

Praxair Inc. and Linde Group, two of the world’s leaders in medical gas analyzer production are in the process of being merged, which is expected to improve on shared technologies and market presence. This process has gained the approval of the Chinese Antitrust Authority, which opens new markets for operations of the merged entity.

This deal is to be followed by the acquisition of Linde Group’s gas business assets by Messer Group GmbH and CVC Capital partners to create a global power based in North and South America for industrial and medical gases.

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Digital Textile Printing Equipment Witness Heightened Demand for Production of Technical Textiles

A steady increase in the demand for graphics on apparel and textile surfaces in recent times is anticipated to be one of the key driving factors that is creating industrial requirements for digital textile printing equipment in the near future. The ability to create a wider range of designs, reducing delivery times, minimizing waste, and generating significant operational savings are some of the benefits that are some of the benefits that are anticipated to increase the popularity of this printing medium.

Technological innovations in digital textile printing equipment are creating significant improvements in the end results, which is increasingly pushing professional printing companies who were previously using flexography or lithography to switch to digital printing methods and tools.

High Application in Sportswear Production to Drive Equipment Sales

With continuous changes taking place in the fashion cycle of any kind of apparel, and the growing preference for personalization and customization, the demand for digital textile printers that can be used for shorter runs, with high efficiency in printing mixes and prototype development are gaining popularity. Sportswear and leisurewear manufacturers are also showing greater interest in fluorescent inks, owing to the high preference for neon prints on such apparel.

Moreover, the cost effectiveness of digital printing processes is expected to encourage apparel manufacturers in developed countries to bring the printing process back to their own countries, instead of outsourcing it to countries like China or India, where traditional services of printing were provided to international businesses with lower labor costs.

Increased Investments in Technological Advancements

In recent times, rapid innovations in the field with regards to the large format advertising industry have been adopted by digital textile printer manufacturers, for better implementation on items such as banners, flags, retail accessories and more.

For instance AGFA revealed its six-color, 3.2 meters wide Avinci DX3200 sublimation printer, which has been integrated with print-heads by Konika Minolta, which provides end use industries with wide format textile applications.

On a similar note, printer manufacturer Mimaki introduced its new TX300P hybrid printer that allows the simultaneous processing of pigment and sublimation inks at the same time, which allows the end user to print on a variety of fabrics such as polyester, cotton, and fabric blends, without making any changes to the machine.

Renoir Flexy printers are also designed for industrial scale operations of printing on flexible textiles such as lycra, for which the equipment has been fitted with a unique fabric feeder in addition to a device that optimizes thermoplastic adhesion, which prevents distortions and creases in fabric during the printing process.

Strategic Acquisitions and Mergers Bring New Players in Digital Textile Printing

Major manufacturers in the digital textile printing equipment industries are focusing their attention on strategic collaborations and acquisitions to build on aims such as increasing market presence, sharing technology, and diversifying business applications, which are expected to create new opportunities for the future in the field.

For example, Electronics For Imaging Inc. (EFI) acquired Italy based Reggiani Macchine, to make its entry into the field of inkjet textile printing in a leadership position. The acquisition is expected to provide EFI with a wide range of industrial scale inkjet printers, which specialize in the use of water-based pigments on fabrics, for fashion and home furnishing textiles, for on-demand projects.

Similarly, Italy based digital textile printing specialist Fratelli Robustelli was acquired by Epson. The acquisition is expected to significantly expand Epson’s range of direct-to-garment dye sublimation printers, expanding its range of operations and capabilities by a significant margin. This is to be achieved by joint research and development activities by both companies to accelerate the development of new products for the joint entity’s portfolio.

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Ambulatory Surgical Centers to Gain from Technological Advancements and Favorable Reimbursement Schemes

Also known as outpatient surgery centers or same day care centers, ambulatory surgical centers (ASC), provide patients with diagnostic or preventive surgical care in the period of the same day. These healthcare facilities are fairly common in European, American, and Asian countries.

As ambulatory surgical centers provide services in a wide range of medical fields including dermatology, ophthalmology, urology, orthopedics, pain management, and gastroenterology, among others, they are witnessing steady grown in demand. Moreover, increased affordability of healthcare, and public investments in the development of ASCs are also key drivers that are anticipated to significantly influence growth of ambulatory surgical centers.

Advancements in Technology Improve Ambulatory Surgical Center Capabilities

In today’s scenario, a wide variety of surgeries that could only be performed with hospitalizations in the past, can now be conducted on an outpatient basis in ASCs. Ultramodern surgical infrastructure in these healthcare facilities are planned to improve on the speed on which patients can be discharged after surgery, to complete their recovery at home.

For instance, increasingly ASCs are creating dedicated operation rooms for various types of specialty outpatient procedures. Advanced equipment such as robot assisted cancer surgery tools, automated lighting sensors, high definition displays are also adopted extensively.

These facilities may also provide patients with a real time patient tracking system that reads not just the patients location, but also vital stats of the patient. This ensures monitoring of the patient remotely till complete recovery is achieved, while allowing professionals to re-check post-operational procedures for improvements in surgical results. This may be further augmented by using secure video conferencing for doctor-patient consultations post-surgery.

On the other hand, robotic technology is far from becoming mainstream owing to its high cost in capital, and the technology does not have favorable reimbursements from insurance companies.

Analytics and Revenue Cycle Management Improve ASC Operations

At present, electronic health records are only used as an expedient means of data storage. However, improvements in analytics tools and software are expected to greatly assist in care procedures by providing relevant data to healthcare professionals in a timely manner.

Unlike human resources, electronic health records will be able to store can retain a large amount of data from the patient, which improves the decision making process for doctors. Moreover, improvements in the systems, will make integration to the main system easier and boosts the level of coordination in care procedures needed to treat a patient, through improved visualization with access to new technologies that include augmented reality, for simultaneous engagement with patients and their electronic records.

Insurance businesses are more frequently looking towards risk sharing payment models with health care facilities, including features such as bundled payments and increased accountability of care organizations, which adds the benefit of availing reimbursements on the basis of quality of the procedure instead of the quantity.

Ambulatory surgical centers, will provide care facilities that will be data centric, which will bring high focus on data analytics capabilities. ASCs will have to work on standardizing and automating processes relevant to electronic health records, to make the flow of revenue for ASC more predictable.

Hospital Outpatient Departments Convert to Ambulatory Surgical Centers

Until recently, hospitals routinely converted ASC facilities into HOPDs to increased profitability of their operations through favorable reimbursement policies. However, recent changes in public preferences, new technologies, and healthcare policies that are based on value based care are increasingly driving hospitals from around the world into covering their hospital outpatient departments into ambulatory surgical centers.

This can be attributed to the fact that the benefits of running ASCs such as better operational efficiency and alignment of physicians towards a particular treatment, are more than the higher reimbursements that are usually achieved by HOPDs, which bodes well for the future of the ASC market.

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Emission Control Regulations Drive Innovations in Aircraft Ground Support Equipment

Owing to the intense scrutiny that the entire aviation industry undergoes in regards to safety and security, regulatory authorities are constantly working to implement improved guidelines, towards the development of new processes and technologies. This is one of the primary drivers that are influencing the evolution of the global aircraft ground support equipment market.

With increasing airport facilities for consumers and airlines, ground support equipment such as belt conveyors, boarding stairs, passenger buses, pushback tractors, catering trucks, portable floodlights, container loaders, de-icing vehicles, baggage carts, sling cables and more are expected to display a steady rate of growth.

Increased Focus on Acquiring ‘Greener’ Ground Support Equipment

Higher awareness about environmental concerns, are creating a steady requirement for greener variants of aircraft ground support equipment (AGSE), primarily those variants that are complaint with the local emission norms. Other improvements such as the replacement of liquid paints with powder coating, and designs that use recycled components, and designs that provide improved portability are some of the changes that are increasingly being adopted by aircraft ground support equipment producers around the globe.

For example, the Bahrain Airport Services Company announced its plans of transitioning to greener operations, to cut its adverse impact on the environment. One of its key focuses is on acquiring new ground support equipment, which will be powered by solar energy, or electricity, while simultaneously replacing diesel and petrol powered fleets in the next 5 years.

Also newer aircraft are increasingly making use of composite materials instead of aluminum. While this kind of material provides improved aerodynamics and fuel efficiency, they are damaged more easily and such damage is difficult to detect. As a result, newer versions of ground support equipment such as cargo loaders are fitted with sensitive pressure sensors that can alert users if excessive force is being used by the machines when docked against the aircraft.

Flux Power Holdings Inc., has also revealed its range of lithium ion batteries that are gaining application in newer aircraft ground support equipment such as electric forklifts and tractors, which are aimed primarily towards the replacement of traditional lead batteries, significantly reducing the environment impact of these machines and automobiles.

Camso has also revealed new pneumatic tires that are designed for the use of ground support equipment such as baggage tractors, tow tractors and more. The design of these new tires is claimed to double the life of treads, while improving on stability and energy efficiency of the equipment by around 10%, through an innovative ribbed profile which boosts even distribution of heat and friction.

Used and Refurbished Ground Support Equipment Gain Popularity; Businesses also Leverage Leasing Services

With the growing trend of modernization by all major airlines and fixed base ground support operators, there is a growing need to find buyers for the old equipment that is being replaced. AGSE businesses help such companies to find buyers, while at the same time providing lease and finance solutions to get rid of old equipment.

AGSE businesses are also paying attention to refurbishing old equipment to maximize lifespan, and add upgrades that will help in keeping up with the competition, while making significant savings in the costs, that would go for buying completely new equipment.

The main aim of any ground support equipment operator is to maximize the profitability of the operations, while constantly meeting the new standards being brought about by technological upgrades. This creates severe financial constraints on fixed base ground support operators to purchase new equipment regularly, consequently pushing them towards leasing such equipment instead.

On a similar note, the London Luton Airport is now making us of a revolutionary system of collective pooling of ground support equipment such as aircraft stairs, cones, and belt loaders among others. This move is expected to save costs, reduce congestion, and boost aircraft turnaround, reducing delays overall.

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Manufacturers Bullish on High Investments in Customized Rotomolded Containers

Increasing affordability and cost-effectiveness of rotomolded containers is driving customer attention and sales compared to blow molded containers. Rapidly increasing demand for safe and sturdy containers, rotational molding processes are adopted as it utilizes heat instead of pressure. Rising availability of customized rotomolded containers along with integration of aesthetic skills and most of all, the wide-ranging options for including company’s logo on surface of the rotomolded containers without risks regarding branding peeling off, further drives the product adoption. Innovative technologies such as 3D printing is anticipated to rapidly penetrate for manufacturing purposes of the complex parts.

North America-based Tank Holding Corp. recently announced that it has plans to expand its production capacity of water tank by acquiring water tank product line of Bushman USA. The acquired company is prominently a rotomolded containers company that delivers rainwater harvesting solution beneficial for the municipal, commercial and residential applications.

The strong brand equity as well as unique product designs of Bushman USA for the rotational containers, displays attractive product line addition for Tank Holding’s broad product portfolio. This in turn also helps the acquiring company in creating an exclusively new platform within rapidly increasing rainwater harvesting industry. Furthermore, the company is planning to promote the new market platform by means of their existing distribution channel and manufacturing footprint in North America. With this strategic acquisition of the rotomolded containers company, the acquiring company is planning to cater to its strategic targets, which in turn would support the overall growth plan of the company.

Facility Expansion to Increase Rotomolded Containers Production

U.S.-based Meese Inc. recently opened up its fifth rotational molding facility in Jacksonville, Florida, which in turn is expected to drive the production sales of rotomolded containers. The company is planning to add two more Rotomolding machines in its product portfolio, in order to cater to the rapidly increasing demand of its customer-base. Addition of Jacksonville plant helps Meese Inc. in significantly decreasing the shipping costs for its Southeast customers, thereby staying effectively connected to its customers, across the U.S.

Customizable Rotomolded Containers for Efficient Material Handling

U.S.-based Chemical manufacturing company, Elkhart Plastics Incorporated recently announced regarding its plan to introduce an all-new reusable and durable plastic pallet, benefitting in material handling across industries such as chemicals, food processing, manufacturing, printing and pharmaceuticals. The new plastic pallets are designed with Rotomolding technique, benefitting the double-wall plastic pallets with longer life expectancy as well as lower costs compared to the conventional wood pallet users.

The rotomolded containers are offered to the customers with customizing availability with regards to designs, from the enhanced usage in food-safe resins as well as recycled contents to inclusions of raised and flat top along with various colours. The all-new rotomolded containers are widely available for both high-volume and low-volume production purposes. Above all, the rotomolded containers can be reused, washed, racked, and stacked, given the integration of polyethylene material, which makes the product to hold a life expectancy of over a decade.

South Carolina-based rotational molder company, DPI (Diversified Plastics Inc.) lately announced regarding acquisition of Georgia-based Atlanta Rotomolding Inc., The strategic acquisition is expected to benefit the rotomolded containers company in expanding its customized rotational molding services. In addition, the acquisition is expected to help DPI in increasing its manufacturing of the Rotomolded containers and related products for other companies more efficiently as well as would enable in offering better services. DPI is planning to utilize the new Union Point facility for production and manufacturing of rotomolded containers and other rotomolded products, thereby elevating its position in the overall rotomolded containers market.

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Sales Revenue of Zinc Chloride to Touch US$ 43 Bn by 2028 as Manufacturers Progress Towards ‘Green, Mercury-Free Batteries’

Zinc Chloride, a white-colored deliquescent salt, finds application in various end-industries including chemicals and textiles. As per a recent market intelligence report by Future Market Insights (FMI), a premier market foresight firm delivering actionable insights to the world leaders, the zinc chloride market is evaluated to increase 2X in terms of revenue in the next 10 years. The zinc chloride market – majorly driven by the high consumption in various chemical applications such as galvanizing, soldering and thinning fluxes, and vulcanized fiber is expected to reach a market valuation of US$ 42.6 Bn by the end of 2028 expanding at a modest CAGR of 4.6% over the forecast period of 2018-2028.

In terms of purity, high purity grade zinc chloride is expected to witness high adoption in pharmaceutical and textile industries among others. Zinc chloride as catalyst is expected to create a strong foothold in the automotive industry, leading to overall increased consumption over the forecast period. Catalysts and dry batteries are estimated to hold a major 50% of the total market share, in terms of application.

Expert analysts at FMI also predict that emerging economies China, India, Brazil, and GCC countries would offer substantial growth opportunities in the zinc chloride market. With growing demand of zinc chloride in chemical, agriculture, and other industries, these market are expected to gain high traction over the forecast period. With growing domestic production of zinc chloride and significant rise in demand from major applications, China is estimated to expand at relatively higher growth rate, followed by North America. Regions such as SEA and Pacific and Latin America are majorly dependent on imports from U.S, China and Europe—creating enough scope for the manufacturers to expand in these countries.

Sustainable Green Batteries with Zinc Chloride Preferred Over Dry Cell Type

Since most dry cell batteries- used in products ranging from flashlights to computers contain metals that are potentially toxic in nature such as mercury, cadmium, and nickel, environmental advocates and battery manufacturers have upped the manufacturing to develop durable and affordable advanced batteries, with the primary objective to save energy. Green batteries are developed by managing the waste. Addressing the concerns growing about the toxic nature of mercury, battery makers are utilizing this opportunity to develop green alkaline batteries having less than one tenth of 1 percent by weight of mercury.  These batteries are the renewable source of energy which are inherently rechargeable or recyclable. Alkaline batteries are estimated to have a 500% to 700% higher capacity than zinc chloride batteries; they are technologically advanced and offer a higher capacity. Energy-efficient alkaline batteries are expected to outperform zinc chloride batteries over the forecast period. Other kind of batteries such as Evolta—used in flash cameras, toy cars, and game controllers are technologically advanced and offer higher capacity as compared to zinc chloride batteries. Zinc air batteries are proficient electrochemical energy storage devices with the advantages of high specific energy, safety and low cost. These batteries are expected to emerge as replacements for zinc chloride batteries.

“Owing to the mild catalytic nature, zinc chloride is finding increased adoption in the automotive industry as manufacturers are trying to cope with the trends and requirements of modern vehicles. Nowadays, automobile manufacturers are focusing on producing high performance vehicles, which can efficiently traverse through any terrain and climatic condition. Also, the increasing production of sports and premium cars with high power engines is surging the demand for highly active and advance catalyst”- Principal Analyst, Chemicals Industry, Future Market Insights

In terms of key strategies, key player like Zaclon LLC, Flaurea Chemicals, PT Indo Lysaght, and Vijay Chem Industries among others are likely to focus on product innovation, expansions, and partnerships and acquisitions to expand their product portfolio and geographic foothold. To cater to the increasing demand from a diverse set of industries, leading manufacturers are channelizing resources towards ramping up their existing production capacities.

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Water Hauling Market Gains Momentum with Increasing Applications across Oil and Gas Industry

Logistical difficulties in long-distance transportation and global increase in the prices of fossil fuels are currently challenging the water hauling services market. Nevertheless, favorable government initiatives and the high dependence of the world on oil drilling activities are expected to remain key factors to boost the sustained growth of the market for the years to come.

Water hauling services find extensive applications in residential and commercial transportation of water or wastewater resources, such as filling swimming pools, disposing waste water from oil and gas sector construction projects, agriculture, and emergency water relief projects among others.

Water Hauling to Witness Burgeoning Demand across the Oilfield Sector

Most oil and gas drilling operations release huge amounts of liquid byproducts, and saline waste water that have to be extracted and disposed of efficiently for optimized operations in the field. For this purpose, water hauling services often involve the use of vacuum enabled tanker trucks to store and transport the waste water arising from oilfield sites to pre-approved and strictly regulated disposal sites.

Hydraulic fracturing processes in the natural gas and oil fields involves the use of water in the initial drilling procedure and the fracturing procedures as well, and this has rapidly boosted the scope of water hauling services in the oilfield industry.

Water hauling services in the oilfield industry are mixed with additives, which carry shale to the surface at high pressures for safe disposal. Water is also used widely to maintain the temperature and lubricate the drill bits at safe levels.

Widening Range of Applications Spur Growing Equipment Innovations

Growing use of water hauling services in oilfield drilling has pushed service providers to develop and equip their work force with essential technology. Vacuum pumps are some of the most commonly used equipment, which are increasingly being fitted with durable underpinning mechanisms to efficiently handle the unstable terrains that are common to oil patches.

This is essential as using over road water hauling vehicles at oilfield sites is potentially risky for the structure and integrity of the equipment and the vehicle, resulting in potentially prohibitive expenses for replacement or repairs. In addition, the high pressure applications of water in oil drilling, has also made it important for water hauling vessels to be equipped with heavy duty hoses, designed to handle water hauling.

Recreational Water-Based Activities Drive Growth

Water hauling services are finding increased application for residential recreational purposes such as the filling of swimming pools, and other artificial water bodies. This can be largely attributed to the globally rising standards of living, and interest in water sports.

The rapidly growing residential construction industry and public infrastructural projects are anticipated to create a sustained demand for water and wastewater transport, along with water storage and transport for fire and emergency response organizations, generating favorable conditions for the water hauling industry in the near future.

Strategic Acquisitions to Influence Competitive Developments in Market

Bison Oilfield Services announced the acquisition of S&S Star Water Solutions towards the end of 2018. With the completion of this acquisition, Bison Oilfield Services aims to become the largest and completely integrated water midstream business across Oklahoma, for water hauling, disposal gathering, and relevant infrastructure.

Hess Infrastructure Partners of Houston recently announced the acquisition of Bakken Water Services, which includes all of Bakken’s salt water disposal services, and water gathering vehicles and equipment, in addition to the right of first offer for further sales and purchases. Earlier this year, Hess Infrastructure Partners also acquired water gathering pipeline assets from Summit Midstream Partners, greatly boosting the company’s water hauling, gathering, and disposal business prospects for the years to come.

Minimally Invasive Benign Prostatic Hyperplasia (BPH) Prostate Treatments Gain Popularity: FMI Report

Valued at nearly US$ 25 billion, the market for benign prostatic hyperplasia prostate treatments is expected to grow at a steady growth rate of nearly 5 per cent through the end of 2028. This can be largely attributed to the increased population of elderly males, and associated health conditions for years ahead. Health risks associated with surgical options and growing needs for improvements in existing treatment options are anticipated to remain an upward trend in the near future.

Growing Awareness about Health and Treatments for Urological Disorders Increases Demand

The rising number of incidences of benign prostatic hyperplasia, increasing population of geriatrics and easy availability of information regarding treatments for urological ailments and prostate diseases are major influencers that will drive the growth of the global benign prostatic hyperplasia treatment market.

Consequently, minimally-, or non-invasive surgical procedures are expected to outpace the adoption of therapeutics and drugs, while creating more opportunities for health care providers in the near future. In addition, lucrative market potential from developing countries, and rapid innovation of new treatment products are projected to bode well for manufacturers in the years ahead.

Novel Treatment Techniques for Benign Prostatic Hyperplasia Allows for More Efficient Management

The FMI report projected a strong growth for benign prostatic hyperplasia prostate treatments. At present extensive clinical trials are being conducted on the development of innovative treatment techniques.

On the basis of surgical procedures, the prostatic urethral lifts are widely considered as an efficient treatment method for benign prostatic hyperplasia. However, in terms of drugs and therapeutics, alpha blockers are highly preferred by health care professionals, either as oral medications or direct injections to the prostate region.

High Costs of Treatments Restrict Adoption of Benign Prostatic Hyperplasia Treatments

Prohibitive Costs of healthcare related to the prescriptions for benign prostatic hyperplasia is a major challenge for stakeholders in the market. This can be attributed to the high complexity and severity of the condition that may require a wide variety of drugs in combination with various surgical options, which can cause great fluctuations in the expenses required.

Minimally invasive surgeries are relatively cheaper to open surgeries, and also pose lesser risk in terms of organ damage and further ailments when combined with drug therapy. The rising costs of benign prostatic hyperplasia treatment are directly affected by higher numbers of geriatric patients, which will positively influence the market for the near future.

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