Genomics Market Size – Anticipated To Rise At 12 Percent CAGR In The Future

Genomics is referred to as analysis of genes, chromosomes and their functions in chase of facets useful in managing or checking illnesses via immunizations or drug treatments. Escalating rivalry in pharmaceuticals and rising demand for genetically modified crops are some of the primary factors that drive demand for this market.

For Market Research Report on “Genomics Market” Visit –

The plummeting costs of genomic methods also drive the market ahead. The surfacing of evolutionary research activities in genomics is projected to add income to the genomics market. Increased research and developments to discover more about the genomes of organisms also propel demand for the market.

The worldwide genomics market is estimated to witness a double digit CAGR during the forecast phase. It was anticipated to have generated revenue worth about USD 11 billion in 2013. The market is anticipated to rise at about 12 percent during the forecast phase. It is projected to achieve around USD 19 billion by 2018. The genomics market is divided into technologies, applications, products and geographical regions.

The technologies sector is divided further into DNA microarrays, bioinformatics and other technologies. The applications sector is divided into drug discovery, drug diagnostics, agriculture and animal research, personalized medicines, educational research and others. The products sector of the genomics market is segmented on the basis of consumables, instruments and services.

The region sector is fragmented into Asia Pacific, North America, Asia Pacific and rest of the world. Augmented fiscal support by governments and state-of-the-art technologies are predicted to improve the genomics market conditions. The developing applications of research and experiments in genomics and reduced costs of consumables and instruments offer development prospects to the genomics market.

Genomics Market

Information Source: Grand View Research


Cumene Market Size – Estimated To Have Income Worth USD 14, 198 Million By 2018

Cumene is also called isopropyl benzene and is an inorganic composite. It is normally based on sweet-smelling hydrocarbons with aliphatic replacement. It is a dull and combustible liquid and turns into vapor at 152 degree celsius. On an industrial basis, cumene is generated by the alkylation of propylene and benzene. Majority of the times, cumene is transformed into an intermediary for additional applications.

For Market Research Report on “Cumene Market” Visit –

The different consumer applications of the cumene market include bisphenol A, polycarbonates, phenolic resins, etc. Most of the regions of the world are anticipated to display great demand for the cumene market in the coming years. One of the primary components that drives demand for this market is the flow in demand for phenol in different industries, like composites, plastics, laminates, etc. One more product of cumene, known as acetone is also estimated to have demand in the future.

This factor is anticipated to drive the cumene market as a manufacturing unprocessed material. However, increased contact with cumene can be harmful to health and cause a host of problems. This slows down the cumene market from progressing smoothly. The worldwide cumene market was projected at around USD 9, 106 milllion in 2012. It is predicted to attain about USD 14, 198 million by the end of the forecast phase.

Among the four geographical regions of the worldwide cumene market, North America was the biggest client. It is anticipated to record about 4 percent CAGR through the same phase. The United States of America accounted for being the biggest client in North America.

Cumene Market

Information source: Radiant Insights


Needle Coke Market Size – Estimated To Rise Further Through The Forecast Phase

Needle coke of the needle coke market is a superior and high grade petroleum coke. It is helpful for producing graphite electrodes. It is also referred to as acicular coke and is vastly crystalline. Needle coke is generated solely from coal tar pitch or FCC decant oil. The generation of needle coke requires raw materials and coking and calcination.

For Market Research Report on “Needle Coke Market” Visit –

The hardware used in this procedure is akin to a traditional delayed unit of coker. The conditions of the procedure are decided upon by raw materials. These materials are warmed upto a particular temperature in the feed boiler and allowed to pass into the drum. Coke is manufactured in this drum with a structure related to crystalline mesophase.

The drum’s steam is led into the fractionator and trailed by a concentration of gas. This is done to detach into products of preferred cuts. The base of the fractionator is reprocessed with fresh feed. The needle coke generated in the drum is decoked using forceful water shots. Then, the coke is converted to powder at high temperatures in the rotary calciner.

Needle coke is of various kinds. These varied kinds propel the needle coke market further. The kinds include premium, super premium and intermediate. Needle coke is majorly used across various applications, like nuclear power, electric steelmaking, lithium batteries and aerospace. The various worldwide regions under which the needle coke market is analyzed are Asia Pacific, North America, Europe and rest of the world.

China is the biggest manufacturer of steel in the world. It has been witnessing huge demand for the needle coke market these days. The worldwide needle coke market is expanding further.

Needle Coke Market

Information source: Radiant Insights


Insulation Market Size – Leaded By Asia Pacific

Insulation is a procedure in science. In this procedure, a non-conducting substance is used to separate something from its surroundings and maintain a standard state of being. The non-conducting substance can be made use of, in various applications. The worldwide insulation market has experienced high expansion in the past ten years. It is predicted to expand at the same rate in the future.

For Market Research Report on “Insulation Market” Visit –

The insulation market is greatly influenced by the high expansion building-insulation market. The developing market of Asia Pacific is furthered by explosion in industrial and real estate sectors. This is estimated to be one of the primary components, driving the insulation market. North America occupies the largest share and is chased by Europe which accounts for the second largest share.

The markets of Europe are anticipated to be stable and develop sluggishly. However, the promising markets of China, Asia Pacific and Latin America are estimated to display robust demand. Insulation is unusual in Asia but is developing rapidly as consciousness among people regarding ecology is increasing. The insulation market of United States is developed and continuing significantly.

Governmental scheme to alter the weather has significantly expanded the home insulation market. Although insulation is eco-friendly, it has some disadvantages. It is dangerous to ecology. In the last few years, owing to technological innovations, new effective blowing instruments have come up in the markets. These instruments have a material which depletes the ozone layer and is disadvantageous.

The worldwide insulation market demand was estimated at around USD 32 billion in 2011. It is projected to achieve about USD 57 billion by 2018. The market is anticipated to rise from 2012 to 2018, at about 8 percent CAGR. Insulation demand is projected to be propelled ahead by expansion in the construction industry in the emergent markets of Asia Pacific.

Asia Pacific leaded the worldwide market in 2011. It made up for more than 40 percent of the insulation market share that year.

Insulation Market

Information Source: Grand View Research