Industrialization to Boost Asia Dithiocarbamate Vulcanization Agents Industry-Ken Research

According to the study “Asia Dithiocarbamate Vulcanization Agents Industry Situation and Prospects Research Report”, ZBEC, ZDBC, ZDEC, ZDMC, NOBS(MBS), ZBED and SBDC are the various types of dithiocarbamate vulcanization agents available in Asian markets. Various applications of dithiocarbamate vulcanization agents in Asian rubber markets are NR, IR, BR, SBR, EPDM and their latexes manufacturing processes. Geographically, dithiocarbamate vulcanization agents market in Asia is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The leading players in dithiocarbamate vulcanization agents market in Asia are Lanxess, Arkema, China Sunsine Chemical Holdings, Vanderbilt Chemicals, Akrochem, Willing New Materials Technology, Zhengzhou Double Vigour Chemical and NOCIL.

A very large number of chemicals that belong to different chemical classes are known to accelerate rubber vulcanization process. Almost about 50 such accelerators are used on a commercial scale for various industrial processes. Primary accelerators and secondary accelerators are the vulcanization curatives available in the Asian markets. Primary accelerators possess long scorch time and cure fast during the vulcanization stage. The two major classes of primary accelerators are sulfenamides and thiazoles. However, secondary accelerators possess synergistic effect on cure such that it boosts cure and increases the cross-link density and are used at much lower concentrations. Guanidines, thiurams, and dithiocarbamates are the three most important classes of secondary accelerators. Dithiocarbamates are ultra fast accelerators that have virtually no induction time. Therefore, dithiocarbamates are used as primary accelerators and retarders that are usually added to avoid scorch coupled with the requirements for activation such as zinc oxide / fatty acid.

A wide range of zinc dialkyl dithiocarbamates are commercially available in the Asian markets. Dimethyl- (ZDMC), diethyl- ZDEC) and diburyl-dithiocarbamate ZDBC) are the three very common dithiocarbamates available. The scorch safety of the compounds increases with increasing length of the alkyl group such as ZDMC, ZDEC and ZDBC where all three have similar high reactivity. However, their solubility in non-polar rubber compounds is rather low due to the very polar nature of zinc sulphide bonds and therefore, have a tendency to bloom to the surface at higher concentration. Dirthiocarbamates are a good choice for low sulphur cure, low temperature cure, white/transparent or brightly coloured rubber goods and as secondary accelerators to speed up cure in vulcanization process. Dithiocarbamates are used in pesticides, as vulcanizing agents and in pharmaceuticals industries.

Asia accounts for a largest share in the dithiocarbamate vulcanization agents market due to rapid industrialization. It was observed that there is a significant rise in the automobile market in Asia. High disposable incomes, rising economy levels, need for a personal vehicle per individual and modernization are propelling the need for automobile per individual are amongst the key factors influencing the growth of the automotive market coupled with dithiocarbamate vulcanization agents market in Asia. Rubber products are not only used in the manufacture of automobile tyres but for various other durable products to enhance the current living standard in Asia. The increasing consumption of dithiocarbamate vulcanization agents for various applications is encouraging the market towards expansion in various sectors attracting huge recognition and this trend will continue over the next few years in Asian markets.

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Open Banking Changing Customer-Lender Interaction Market Outlook: Ken Research

Open banking is a system that provides a user with a network of financial institutions’ data through the use of application programming interfaces (APIs) which are a kind of ‘go-between’ that enables a software program to interact with other software. In the context of trading, an API often refers to the interface that enables your software to connect with a broker to obtain real time pricing data. According to the study, ‘Open Banking – Thematic Research’, open banking will give consumers the power to grant third parties the right to access their account.

Not only will open banking benefit people, but it will also be a booster and major source of innovation to the banking industry. For instance, open banking APIs can facilitate the sometimes-onerous process of switching from using one bank’s checking account service to that of another bank. The API can also look at consumer’s transaction data to identify the best financial products and services for them, such as a new savings account that would earn a higher interest rate than the current savings account or a different credit card with a lower interest rate. Open banking could also help the consumers get a more accurate picture of their own finances before taking on debt.

The utility of open banking through apps is also under research and development. An open banking app for customers who want to buy a home could automatically calculate what customers can afford based on all the information in their accounts, perhaps providing a more reliable picture than mortgage lending guidelines currently provide. Another app might help visually impaired customers better understand their finances through voice commands.

The system that helps the customers will also assist the lenders. Through the use of networked accounts, open banking could also help lenders get a more accurate picture of a consumer’s financial situation and risk level in order to offer more appropriate loan terms. Open banking also has the possibility of helping small businesses save time through online accounting and help fraud detection companies better monitor customer accounts thereby identifying problems sooner. All these features are helping open banks gain popularity and they are being approved in some parts of the world. In January 2018, after an extensive two-year planning period, the Payment Services Directive 2 (PSD2) arrived in Europe. This directive has forced European banks to open up their APIs to financial technology and finance companies. Now, the ability to directly serve and add value to customers will no longer be owned by banks but shared with tech companies and telecommunication firms. This technological upgrade has been longed for by European customers for a long time evident by the fact that more than one-third of European consumers say that they would change their bank if it did not offer them up-to-date technology.

Open banking is changing the banking industry and is making the customers and institutions interact in a very different manner. This new technology is creating competition for traditional banking institutions whilst maximizing customer satisfaction by catering to varied needs even by means of apps. The PSD2 has grabbed the attention of the global banking sector and changed the game for banks in Europe.

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Technological improvements to bolster Asia BiB Container Industry: Ken Research

Bag-in-Box (BIB) containers or packings are designed to extend the shelf life of liquid or semi-liquid food products and are used as a convenient packaging solution for industrial products. They are made up of corrugated cardboard or solid board. The outer box provides protection during transportation and high quality printed packs use colour or graphics to attract consumer attention in the retail environment. Initially, BiB containers were designed to handle acid from car batteries. However, later they were used in the diary industry followed by wine industry and later food industries. Today, BiB containers are used for a multitude of products, both food and non-food, in all possible sizes, multiplying the number of packaging possibilities for liquid and semi-liquid products.

According to the study “Asia BiB Container Industry Situation and Prospects Research report”, every BiB container is specifically designed and constructed to preserve the exact liquid inside to avoid contamination by the air outside. Liquid inside the BiB container is dispensed through a tap which prevents air from entering the packaging during dispensing. The BiB container and tap work together to prolong the shelf life of the liquid before and after use. Bag-in-Box (BiB) containers are constructed with maximize storage space and to minimize transport costs. The standard sizes of BiB available are from 2 to 1000 litres of liquid volume, possess multi-layered bag to meet specific product requirements, tamper proof design to reduce oxygen permeation, high quality materials used in manufacturing, and fully or semi-automatic operating BiB’s. These containers extends shelf life of products after opening, minimizes product waste due to the improved shelf life, consumer friendly as BiB is easy to carry, store and use and environmentally friendly because it has lower carbon footprint than plastic or glass alternatives.

BiB containers occupy less space during storage or transportation and are also used for food products such as chocolate paste and convenient for filling and discharge of products. Bag-in-Box container liners are embedded with compressed air ducts which are pressed between the inner bag and the outer shell to ensure 100% emptying of the product. It is also used in storage or as dispensers of wines, alcohols, juice, compotes, syrups, soups, oils, dairy products, eggs, liquids, water and products from many other non-food industries, including detergents, cosmetic products, inks, fertilizers, paints, chemicals and glue products.

Low density polyethylene (LDPE), ethylene vinyl acetate (EVA), ethylene vinyl alcohol (EVOH) and others are the various types of BiB containers available in Asia. Various applications of BiB containers in Asia are in food & beverages, chemical & material, household products, liquid foods, chemicals and households, cosmetics and toiletries and others. Geographically, BiB containers market in Asia is spread across China, India, Japan, Korea, Saudi Arabia and other regions. The leading players in Asia’s BiB container industry are Scholle Packaging, DuPont, CDF Corporation, DS Smith, Smurfit Kappa, Arlington Packaging, Smurfit Kappa Group, Hedwin Division of Zacros America, Accurate Box Company Inc., Central Package and Display, Reusable Transport Packaging, CDS Manufacturing, TricorBraun, Multi-Pak USA, AUER Packaging, Scholle IPN, Amcor Limited, Liqui-Box, Vitavel JSC, Vine Valley Ventures LLC, TPS Rental Systems Ltd, and Parish Manufacturing Inc.

Various BiB conatines are designed to meet the specific needs of each liquid, whether food or non-food. BiB’s are watertight, flexible, light and easy to use which are versatile, top-performance packings. BIB containers reduce the amount of waste, packing and save money on transport and storage because there is practically no danger of breakage. These containers meet all hygienic standards for using food and non-food products with outstanding hygienic conditions, from packaging to consumption. All food and non-food liquids using BiB’s provides ease of use, long conservation, and reduced investment.

Bag-in-Box containers and pouches are eco-friendly, lightweight and allow space optimisation for transport and storage. Bag-in-Box containers is a revolution in packaging industry which has a capacity of 100 liters, possesses ingenious compressed air system, has a complete residual emptying option, and can be used for products with a very high viscosity. Modernization and industrialization to bolster BiB container industry in Asia over the next few years

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Vast Applications to Drive Growth in Asia Double Surface Anti-Reflective (AR) Glass Industry-Ken Research

According to the study “Asia Double Surface Anti-Reflective (AR) Glass Industry Situation and Prospects Research Report”, Asia’s double surface anti-reflective (AR) glass industry is categorized based on products such as translucent, transparent, and others. Based on type segregation double surface anti-reflective (AR) glass industry in Asia is categorized by four layers, double layers, and others. Various application of double surface anti-reflective (AR) glass industry are in instrumentation windows, electronic displays, architectural windows, front panel displays, and others. The end users of double surface anti-reflective (AR) glass are in office building, residential buildings, family, and others. Geographically, double surface anti-reflective (AR) glass industry is spread across China, Japan, India, Saudi Arabia and other regions. The leading players in Asia double surface anti-reflective (AR) glass industry are Schott, IQ Glass, Groglass, Saint-Gobain, Corning, Abrisa Technologies and AVIC SANXIN. All the leading vendors in double surface anti-reflective (AR) glass industry are increasingly focusing on price, volume, production capacity, technological innovations, and product quality.

Anti-reflective glass (AR) lowers the rate of uninvited reflections and enhances the diffusion of images above the uncoated glass. It is popularly known as add-transmissivity glass. The double surface anti-reflective glass expands and raises the quality of light transmission up to 98-99%. Double surface anti-reflective glass is available in numerous sizes and thickness levels. The major feature associated with the use of double surface anti-reflective glass may entail diminution of glare, refection, high surface quality, enrichment of contrast, and exceptional sturdiness. Almost all the manufacturers are adopting sophisticated coating technology that is eventually improved the overall transmission level of glass. It was observed that there is an increasing demand for double surface anti-reflective (AR) glass due to its vast applications across various sectors.

Asia being an emerging economy, ongoing industrialization, urbanization, rising applications, growth in the disposable income, mounting prerequisites, and increasing awareness among the end users concerning the products use are some of the factors affecting the overall growth in double surface anti-reflective glass market. Asia accounts for a largest share in the double surface anti-reflective (AR) glass industry due to the increasing adoption of double surface anti-reflective (AR) glass, technological innovations, increasing significance of the glass, augmented demands from various sectors, emergence of huge market growth opportunities and rise in the investments by the leading manufacturers.

Asia double surface anti-reflective (AR) glass industry will witness a drastic growth due to industrialization which is the major driving factor propelling the need for double surface anti-reflective (AR) glass in various industrial sectors to enhance the current living standard in Asia. The increasing consumption of double surface anti-reflective (AR) glass for various applications is encouraging expansion towards various sectors attracting huge recognition and this trend will continue over the next few years in Asian markets.

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Technological Advancements and Expanding Aviation Sector to Bolster Asia De-Icing Fluid Industry: Ken Research

Deicing fluids are used to lower the freezing point of water and comprise of salts, glycols and alcohols. Deicing fluid is sprayed on the surface to remove ice or snow using hoses or spray guns. This fluid is also used in several application such as transportation, aviation and consumer needs. Climatic condition of a region propels the demand for deicing fluids and is driven by the growth in population in cold regions and development in tourism. Aviation segment accounts for a major share in the deicing fluid market. The major drawback of deicing fluid is rusting and degradation of applied surfaces which hinders the market growth. The availability of substitute such as mechanical methods of scrapping of snow or ice and heating are the other few factors driving the market growth.

According to the study “Asia De-Icing Fluid Industry Situation and Prospects Research report”, aviation demands for de-icing fluids in commercial as well as non-commercial sectors for aircraft maintenance operations. De-icing fluids are extensively used in ground operations during snow. It was observed that consumption of de-icing fluids in snow struck areas is propelling the growth in the market compared to over traditional de-icing methods. De-icing fluid manufacturers are focussed on delivering advanced products to satisfy the increasing needs. Additionally, changing atmospheric conditions, rising number of aircraft crashes due to mismanaged ground operations and ice deposition on the surfaces, is propelling the demand for de-icing fluids.

Increasing air traffic, increasing in disposable income, affordable air travel, increasing in working population, expanding tourism sector and improved living standards in developing economies are the key factors driving the de-icing fluids market in the commercial aviation sector. Additionally, there is a strong demand for de-icing fluid in non-commercial sector such as private jets, private helicopters and military aircraft. All the manufacturing companies are using propylene glycol for production of de-icing fluids because it is less toxic, more effective and requires lesser efforts while decomposing or treating the used fluid.

Ethylene Glycol, Propylene Glycol and others are the various types of products in the de-icing fluid market in Asia. The major uses of de-icing fluids in Asia are for commercial and non-commercial applications. Geographically, de-icing fluid industry in Asia is spread across Japan, Korea, China, Taiwan, Mongolia, Central Asian countries and mountainous regions. The leading players in de-icing fluid industry in Asia are Clariant International, The Dow Chemical, Kilfrost, Proviron Holding, Cryotech Deicing Technology, LNT Solutions, LyondellBasell Industries, Integrated Deicing Services, Inland Technologies, D.W. Davies and Aero-Sense.

De-icing fluids market is undergoing various structural changes in order to improve the characteristics of the product and researchers are working towards developing new product formulations to enhance its operational feasibility for aviation purpose. Technological advancements coupled with expanding aviation sector in Asia and the need for multi-functional de-icing fluid will bolster the demand for de-icing fluids over the next few years.

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Changing Lifestyles To Register Massive Growth In Asia Display Packaging Industry: Ken Research

According to the study “Asia Display Packaging Industry Situation and Prospects Research report”, small sized products do not attract the attention of consumers in supermarkets and hypermarkets where millions of other larger products are displayed. The product displaying attractive and large images are more likely to attract consumers as well as provide a platform to highlight the small products. Display packaging is more convenient compared to other marketing techniques such as advertisements in television or magazine. Customer gets to know more about the product through the display packaging. The manufacturers of small sized products provide display packaging with large orders placed for no extra money which benefits producer as well as the retailer.

Display packaging is the most effective ways of marketing any product in the retail stores, supermarkets and hypermarkets. Various industries such as food, beverage, cosmetics, pharmaceuticals and others products incorporate the process of display their products on the packaging to attract consumers. Display packaging is a highly efficient way of marketing various sized products. The quality of the product and display packaging drive the sales in the competitive retail space. Various attributes and differentiating factors of any product need to be recognized by the consumers for successful marketing of the product.

Various product types of display packaging in Asia are cellulose fibers, corrugated pallets, corrugated paper board sheeting and others. Retail and pharmacy industries are the major consumers of display packaging in Asia. Various other applications of display packaging market are in food, beverage, personal care products, home care products, publishing, electronics and others. Within the display packaging market is segmented by display packaging type as such as floor display, counter display, shelf display, brochure display, transparent containers, display boxes, blisters and others. Geographically, display packaging in Asia market is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The leading players in display packaging in Asia are DS Smith, International Paper, Sonoco Products Company, Mondi, Greenfield Creations, CaroCon, Smurfit Kappa Group, Excel Display and Packaging, Glama Pak, Baird Display, Astron Bulk Packaging, Bay Cities, C&B Display Packaging, Westkey Graphics, MBC Products and Services, Grant Austin Packaging and Deufol. All the leading vendors in display packaging are increasingly focusing on price, volume, production capacity, technological innovations, and product quality.

The increasing sales of packaged food are one of the key factors driving the display packaging market. Innovative display packaging solutions attract more working population with increasing disposable income and fast-paced lifestyles. Asia accounts for major market share in the retail display packaging market due to urbanization, modernization, emerging economies and growth of retail stores. Asia is witnessing a growth in establishments of large numbers of general merchandise stores, specialty retailers, convenience stores, electronics and appliances stores, health and personal care stores that are contributing significantly through retail sales. Evolution in retail sector is definitely driving the growth of the display packaging market in Asia over the next few years.

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Africa’s Pipeline Projects to Change the oil and Gas Industry Market Outlook: Ken Research

In order to get the maximum benefit out of natural resources such as crude oil, it is important to be able to transport them via a reliable and efficient mechanism. Pipeline systems are widely used today to transport essential solid or liquid resources. According to the study, ‘Global Crude Oil Pipelines Industry Outlook to 2022 – Capacity and Capital Expenditure Forecasts With Details of all Operating and Planned Crude Oil Pipelines’, there are a number of projects around the world that are incorporating latest technologies in order to make pipeline systems efficient and quite a few such projects are being developed in Africa.

Africa is witnessing the development of one of the most iconic projects in modern times. The 1,445 km East African crude oil export (EACOP) pipeline is being constructed between Kabaale in Uganda and Chongoleani in Tanzania. On completion it will become the world’s longest heated crude oil export pipelines. The governments of Uganda and Tanzania signed an inter-governmental agreement worth three and a half billion US dollars in 2017 for the development which is expected to have an extensive export flow rate. Chinese CNOOC (China National Offshore Oil Corporation), French Total and British Tullow have formed a joint venture to develop the pipeline in conjunction with the two governments. This project is a revolutionary step in pipeline technology and is expected to create a vast number of jobs during construction. The project is said to be completed by 2020. The main objective of the project is to transport Uganda’s oil reserves to the Indian Ocean for export.

Another famous project that is taking shape is the Kenyan Oil Export Pipeline which when completed will become Kenya’s first oil export pipeline from the Amosing and Ngamia fields to the port of Lamu on the Indian Ocean. This new pipeline will be approximately 865 km long. Tullow Oil is one of the major contributors in this project.

Another business deal relating to pipeline technology in Africa is that of Morocco and Nigeria. Both the countries have recently joined forces for the completion of a gas pipeline that will be built onshore and offshore. So far feasibility studies had been conducted but now the plan has been finalized. The two authorities supervising the project are Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC). Both these agencies revealed in a joint statement that for economic, political, legal and security reasons the choice was made on a combined onshore and offshore route. The pipeline is planned to be 5660 km long.

A number of developments are taking place in Africa that are incorporating pipeline technology at their core. All these developments are being brought about for trade purposes. This clearly highlights Africa’s potential in the oil and gas spectra. Supervision and regulation by renowned agencies is ensuring that these projects are executed with the initially planned level of efficiency. Once completed they will greatly assist the economies of the participating nations and with corporation and alliance from internationally recognized oil & gas companies, we can expect rampant future developments in Sub Saharan Africa.

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Increasing Awareness In Sports And Nutrition Sectors To Bolster Asia Branched Chain Amino Acids (Bcaas) Industry : Ken Research

According to the study “Asia Branched Chain Amino Acids (BCAAs) Industry Situation and Prospects Research report”, branched-chain amino acid, leucine when taken orally promotes muscle protein-synthesis or creation of muscle protein within a human body. The branched-chain amino acids are obtained from a diet rich in protein-containing foods. BCAAs in the brain occur as blood-brain barrier through a competitive transport carrier that shares with other large neutral amino acids, such as tryptophan, and the precursor of serotonin. Long-term raised circulating BCAA levels could conceivably lead to decreased brain tryptophan levels, reduced neuronal serotonin synthesis and serotonergic signaling.

Branched chain amino acids (BCAA) is also known as leucine which is an essential component that metabolizes directly in human muscles and generates energy fuel to performance of the work. Leucine is important for protein synthesis and acts as a supplementation on muscle growth. Branched-chain amino acid (BCAAs) is very popular within the fitness industry. It is available in the form of powder or tablet and is a key ingredient in many pre-workout formulas. Branched chain amino acid (BCAA) is a perfect supplement for building human muscle mass, to reduce body fat while maintaining required muscle mass. Leucine, isoleucine and valine are the three of the nine essential amino acids which are known as branched-chain amino acids (BCAAs). They account for approximately 35% of essential amino acids in muscle proteins. BCAAs are oxidised in skeletal muscle and other essential amino acids are catabolised (broken down) mainly in the liver. Extensive exercise increases energy expenditure and promotes oxidation of BCAAs in human muscles and supplements are consumed to maintain or increase muscle mass.

L-Leucine, L-Isoleucine, and L-Valine are the three types of branched chain amino acids (BCAAs) available in Asian markets. Various applications in Asia branched chain amino acids (BCAAs) industry are in food, beverages, animal feed, pharmaceuticals, cosmetics, personal care, sports nutrition, fitness products and others. Geographically, branched chain amino acids (BCAAs) in Asia market is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The leading players in Asia Branched Chain Amino Acids (BCAAs) industry are Nippon Rika Co., Ltd. (Japan), Kyowa Hakko Bio Co., Ltd. (Japan), Fufeng Group Company Limited (China), Ajinomoto Co., Inc. (Japan), CJ CheilJedang Corporation (South Korea), Meihua Holdings Group Co., Ltd. (China), Shantou Jiahe Biological Technology Co., Ltd. (China), Daesang Corporation (South Korea), and Taj Agro Products (India).

Sports nutrition accounts for a major share in branched chain amino acids (BCAAs) available in Asian market. China is the largest producer of BCAA followed by Japan and India. This production will continue with the same pace over the next few years due to increasing demand for sports nutrition, fitness products. With changing life style of the current genetration and health awareness in fitness is driving the market for branched chain amino acids market in Asia over the next few years.

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Numerous Applications to Bolster Asian Black Pepper Oleoresin Industry: Ken Research

Oleoresin is basically a flavour extracted from properly ripened black pepper using extraction process with a solvent. Oleoresin is obtained from the ripened, dried seeds of black/ white pepper which is also known as peppercorn. The pepper oleoresin has a strong flavour and is used in food and beverage industry as flavouring, preservative and colouring agent. Black pepper oleoresin is a yellowish brown liquid with a strong, pungent aroma of black pepper. Pepper is used as a spice since the medieval times and has good antioxidant properties. Pepper oleoresins retain these antioxidant properties in liquid extracts which are used in food industry and pharmaceutical industrial applications. Black pepper oleoresin is used as a natural food preservative in orange juice. Oleoresins possess antimicrobial properties which makes it an excellent food and beverage preservative.

Black pepper oleoresin has many medicinal properties, such as appetite stimulant, treatment of dysentery, nausea, dyspepsia, suppresses pain and fever, anti- inflammatory properties and treatment of arthritis, and thus, is used in manufacturing various medicines. Another method for the extraction of black pepper oleoresin is by percolating with variety of solvents, primarily hexane, which are again removed prior to use. Black pepper oleoresin are pungent and the flavour constituents of pepper obtained by the extraction of ground pepper using solvents like ethanol, acetone, ethylene dichloride, ethyl acetate etc. Black pepper oleoresin does not possess any contaminants such as mould and fungus, therefore, can be directly added to any food material after adjusting the flavour concentration. Oleoresin extracts are available as oil soluble, water dispersible and dry forms.

According to the study “Asia Black Pepper Oleoresin Industry Situation and Prospects Research report”, powder, oil, and paste are the various forms of black pepper oleoresin available in the Asian markets. Paste and powder forms of black pepper oleoresin account for a major share in the market because they are used as preservatives, in various culinary applications as flavouring agents and as table condiment. Asian black pepper oleoresin market is segmented on the basis of application which includes cosmetics, personal care, pharmaceuticals, culinary, and others. Culinary applications of black pepper oleoresin account for a largest share, followed by pharmaceuticals and cosmetics applications.  Black pepper oleoresin acts as a stimulant to appetite, aids relief for nausea, dysentery, dyspepsia, as a central nervous system depressant, suppresses fever, and as pain reliever in arthritis.

Oleoresin black pepper 30%, oleoresin black pepper 40 %, oleoresin black pepper 65 %, and other piperene content are the various types of products available in Asian black pepper oleoresin market. Geographically, black pepper oleoresin market in Asia is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The leading players in black pepper oleoresin market in Asia are Venkatramna Industries, PT Mitra Ayu Adi Pratama, India Essential Oils, SAT Group, Plant Lipids, A. G. Industries, Synthite Industries, NAR Spice Products, and Hebei Tianxu Natural Pigment.

Black pepper oleoresin is employed as a natural food additive, used in meat flavouring agent, as a traditional medicine used in various medicinal systems including Ayurveda, Siddha and Unani systems, for manufacturing medicines, curing illnesses and diseases such as heart disease, indigestion, constipation, insomnia, liver problems, and others. It exhibits anti-oxidant and anti-inflammatory properties due to its aromatic properties and is used in personal care products for aromatherapy. The increasing demand for black pepper oleoresin will witness a steady growth over the next few years in the Asian markets.

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The Growing Significance Of Big Data In Utilities Industry Market Outlook: Ken Research

Despite these reasons, the adoption rate has gone up significantly promoting growth in this industry. According to the study, ‘Big Data In Utilities - Thematic Research’, some of the companies that are providing services of big data analytics in the utilities market includes, Amazon, Arista Networks, Cisco, Cloudera, Hortonworks, HP Enterprise, IBM, Intel, Google, Juniper Networks, Micron, MicroStrategy, Microsoft, NeoPhotonics, Nutanix, Nvidia, Oracle, Pure Storage, Red Hat, SAP, Software AG, Tableau, Talend and Vmware. More electronic advancements such as cloud computing, Internet of Things, Artificial Reality, Augmented and Virtual Reality robotics as well as crypto currencies have led to an increase in the amount of data that is being circulated.

In the present time, there is no dearth of data. IT systems, machines, gauges, devices, customers, quick messaging services and the list of data sources are endless. Anything and everything is spewing huge amount of data which can be utilized by many companies. Companies have started to make use of this complex data in order to put this to their advantage. Unfortunately, utility segment is clearly lagging behind in taking advantage of this huge potential that is being presented by this huge amount of data. Studies suggest that currently, companies are not able to seize the smart grid data opportunity especially when it comes to utility companies. There are mainly three reasons for the slow growth of this industry which includes few numbers of people with the expertise to actually put big data to use; the experts also do not have high degree of preparedness to handle big amount of data and lack of clarity as to the purpose of the data.

The amount of data that is being generated is increasing at a very fast pace and the growth in the future would be immense. The data that is being generated can be easily monetized growing band of hyper scale, internet-facing data centres around the world.

Analytics can easily help utilities to reduce their cost by a huge amount thus allowing them to save millions in the form of maintenance and operating expenses. This would enable efficiency in capital deployment which would lead to further effectiveness of operations being undertaken. Advanced analytic can also help companies to increase their reliability to a huge extent by accurate predictions thus preventing outages. Big data analytics also allows companies to easily understand customer preferences in a more hassle free manner from which consumers can draw out conclusions and plan their future course of operations. The present time has seen many companies either enter this segment or trying to establish collaboration with a data analytics firm which would allow them to take advantage of this growing trend.

As the analytical capabilities evolve, utility companies would need to adapt to more rigorous standards for storing, managing and capturing data. The future of this market holds some of the most unimaginable things such as the advance modelling techniques to get more insights into the data which shall enable the organization to make use of this data in a better manner. Overall, the future of this industry is bright with the entire industry expecting a strong growth rate.

For more information on the research report, refer to below link:-

https://www.kenresearch.com/technology-and-telecom/it-and-ites/big-data-utilities/152709-105.html

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