Buy Report On Global Linear alkyl benzene (LAB) Market 2012 - 2018 Published By Transparency Market Research

Transparency Market Research published new market report "Linear Alkyl Benzene (LAB) Market for Heavy-Duty Laundry Liquids, Laundry Powders, Light-Duty Dish Washing Liquids, Industrial Cleaners And Household Cleaners - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2018, " according to the report the global LAB market was valued at USD 6.2 billion in 2011 is expected to reach USD 8.2 billion by 2018, growing at a CAGR of 4.3% from 2012 to. In terms of volume, the global consumption of LAB is expected to reach 4,043.3 kilo tons by 2018.

The global market for LAB has witnessed slow but steady growth during the past few years due to the increasing demand for industrial and home cleaners. In addition, rising demand from Asia Pacific region is another factor expected to contribute to the growth of this industry. The volatile price of crude oil in the international market has been remained major concern for the LAB manufacturers. Future growth opportunity in this market is expected to stem from expansion of product development and commercialization for niche applications.

Linear Alkylbenzene Sulphonates (LAS) accounted for 97.9% share of the market in 2011 which is further segmented by its end user industries including heavy-duty laundry liquids, laundry powders, light-duty dish-washing liquids, industrial cleaners, and household cleaners. The market is expected to grow at a CAGR of 4.2% from 2012 to 2018 in terms of revenue. The other segment comprises of niche applications of LAB namely ink solvents, agricultural herbicides, wetting agents, emulsion polymerization, electric cable oil, and the paint industry. The demand for LAB from the other applications is expected to grow at a CAGR of 4.8% from 2012 to 2018 in terms of volume.

Asia Pacific dominated the global LAB market with a market share of 45.3% in 2011, followed by North America and Europe. The Asia Pacific market in terms of revenue is expected to grow at a CAGR of 4.6% from 2012 to 2018. The RoW region is expected to be the fastest growing market for LAB owing to increasing demand for detergents in the Middle East region. The region is expected to have a market share of 20.2% by 2018 in terms of volume.

The market for LAB is highly fragmented with numbers players accounting for similar market share. Companies such as CEPSA Quimica, Deten Quimica, Unggul Indah Cahaya, Fushun Petrochemicals, Jin Tung Petrochemicals, ISU Chemical, Huntsman Performance Products, Chevron Phillips Chemical Company LP, Sinopec Jinling -Petrochemical are among the key players in this industry.

LAB Market: Application Analysis
  • Linear Alkylbenzene Sulfonate (LAS)
    • Heavy-duty laundry liquids
    • Laundry powders
    • Light-duty dishwashing liquids
    • Industrial cleaners
    • Household cleaners
  • Others (Agricultural herbicides, ink solvent, emulsifying agent, anti hygroscopic additives, neutrino detectors, paint industry and electric cable oil)
LAB Market: Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World (RoW)

About Us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact:

Transparency Market Research
90 State Street, 
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030


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RFID Blood Monitoring Systems Market is Expected to Reach USD 174.2 Million Globally in 2019: Transparency Market Research


 Transparency Market Research published new market report "RFID Blood Monitoring Systems (Blood Refrigerators and Freezers) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" the global RFID blood refrigerators and freezers market was valued at USD 40.9 million in 2012 and is expected to grow at a CAGR of 22.8% from 2013 to 2019, to reach an estimated value of USD 174.2 million in 2019.

The global RFID blood refrigerators and freezers market is expected to undergo rapid growth of 22.8% from 2013 to 2019. This growth is majorly attributed to the rapid adoption of RFID technology in the healthcare industry and growing need for efficient management of blood and blood products to minimize transfusion errors. Growing trend of consolidation of healthcare facilities has resulted in growth of their size. This is followed by the increase in the volume of inventory of blood and blood products. Consistency in the occurrence of transfusion and storage errors despite the use of bar-coding and note-taking systems also influence the demand for RFID blood tracking solutions in blood banks and hospitals.

The major concern for hospitals and blood centers is patient safety, minimal wastage of blood products and minimization of blood transfusion errors. Consistent prevalence of blood transfusion errors and to minimize the time consuming paperwork for inventory management, hospitals and blood banks throughout the world have begun to explore RFID tracking system for its potential in efficient inventory and supply management.

Furthermore, privatization of healthcare infrastructure has led to a growth in the number of large sized blood banks and hospitals in many developing countries which require efficient catering to the transfusion needs of patients. This phenomenon serves as a potential opportunity for the RFID blood refrigerators and freezers manufacturers to introduce their products in these regions.

North America was the dominant geographical market for RFID blood refrigerators and freezers in 2012. RFID systems for Real Time Location Systems, asset tracking and inventory management are mature technologies in this region and many healthcare institutions have already adopted RFID to reduce errors and increase productivity. The US has the highest adoption rate of RFID in its healthcare system. The advanced healthcare system of this country and existence of large sized blood banks have been responsible for the high level of RFID tracking technology utilized in its healthcare infrastructure. Currently, North America encompasses more than 50% of the global RFID blood refrigerators and freezers market.

Moreover, the adoption of RFID blood refrigerators is high in blood banks than in hospital blood centers. This is due to the existence of more number of blood banks across all regions and the volume stored and supplied to and from blood banks is larger than that in hospital blood centers.
At present, the global market for RFID blood refrigerators and freezers has few players. 

Companies such as Biolog ID, Terso Solutions and Magellan technologies are the dominant players in this market. Recent FDA approval to the first RFID-enabled Blood tracking system will encourage more companies to enter this market thereby increasing the competition.

The global RFID blood refrigerators and freezers market is segmented as follows:

RFID Blood Refrigerators and Freezers Market, by Geography
  • North America
    • Hospital blood centers
    • Blood banks
  • Europe
    • Hospital blood centers
    • Blood banks
  • Asia-Pacific
    • Hospital blood centers
    • Blood banks
  • Rest of the World (RoW)
    • Hospital blood centers
    • Blood banks

About Us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453

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