Major World Events, Increased Petrochemical Production Generating Demand in Industrial Gases Market in GCC

The GCC industrial gases market has been witnessing a massive surge in demand. The applications of industrial gases have grown over the last decade in the GCC region as an increasing number of non-petrochemical industries such welding, refining, pulp and paper, and automotive have come up to boost the economy and reduce the dependency of the region on oil exports. Hence, the GCC industrial gases market is expected to value US$1.2 bn by 2022, rising from US$783.7 mn in 2015. The GCC industrial gases market is estimated to grow at a CAGR of 7.3% by revenue in the forecast period of 2016 up to 2022.

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Europe Dominating Region in Global Frozen Fruits Market

Rise in disposable incomes and number of working women has resulted in the rise in demand for frozen fruits globally, according to a report by Persistence Market Research.

Key findings about the global frozen fruits market are as follows:

1. The global frozen fruits market projected to rise at a CAGR of 3.8%, by volume.

2. The global market valued US$ 1.82 Bn at the end of 2015.

3. Rise in the middle class population and growing disposable incomes is pushing the global market, especially in regions of Latin America, Asia, and Eastern Europe.

4. Growing number of working women is resulting in a shift in consumer lifestyle, hence pushing the market.

5. Consumer preference is shifting towards convenience and ready-to-eat food and hence is a major driver.

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U.S. Dominating and Fastest Growing Nation in North America Specialty Solvents Market

Introduction, according to a report by Persistence Market Research.

1. The North America specialty solvents market valued US$ 37.8 Bn at the end of 2015.

2. The market is projected to rise at a CAGR of 4.5% for the forecast period of 2016 – 2022.

3. The market is projected to reach a value of US$ 51.2 Bn at the end of 2022.

4. Rising demand in pharmaceuticals, various chemical industries major driver.

5. Low profit levels, supply chain infringements, improper distribution channels major restraints.

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Asia Pacific, Europe Leading Regions in Global Rheumatoid Arthritis Diagnosis Tests Market

Rising cases of autoimmune diseases, demand for minimal-invasive test pushing the global rheumatoid arthritis diagnosis tests market, according to a report by Persistence Market Research.

Key findings about the global rheumatoid arthritis market are as follows:

1. The rheumatoid arthritis diagnosis tests market is projected to reach a value of US$ 738.7 Mn at the end of 2022.

2. The market is anticipated to rise at a CAGR of 6.2% for the forecast period of 2016 – 2022.

3. The global rheumatoid arthritis diagnosis tests market valued US$ 485.5 Mn in 2015.

4. Rising incidences is generating demand for minimally-invasive tests for diagnosis.

5. Increase in cases of autoimmune diseases, consumption of NSAIDs and pain medication are major drivers.

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North America Leading Region in Global Bitumen Market

Introduction, according to a report by Persistence Market Research.

1. The global Bitumen Market is anticipated to value US$ 70.07 Bn at the end of 2016.

2. The market is projected to reach a value of US$ 94.75 Bn at the end of 2022.

3. Extensive application in industries, construction of roads, and for waterproofing are major drivers.

4. The market is expected to witness massive surge owing to rising production of bitumen in APAC, North America, and MEA.

5. Demand for bitumen in APAC is expected to rise owing to growing construction projects in the region.

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U.K. Dominating Nation in Europe Biodegradable Foodservice Disposables Market

Shifting consumer preferences towards on-the-go eatables and the rising demand for environment friendly products are pushing the demand for biodegradable foodservice disposables in the European market, according to a report by Persistence Market Research.

Key findings about the Europe biodegradable foodservice disposables market are as follows:

1. The Europe biodegradable foodservice disposables market is valued to be US$ 985.8 Mn in 2015.

2. The market is projected to rise at a CAGR of 5.5% for the forecast period of 2015 – 2022, in terms of value.

3. The market is projected to reach a value of US$ 1.43 Bn at the end of 2022.

4. The market in the U.K., Spain, France, and Switzerland is growing owing to increased consumer awareness and adoption of ecofriendly products.

5. Rising rate of fossil fuels and taxes on landfill are major drivers.

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