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Global Digital Health Monitoring Devices Market- Industry Trends and Forecast to 2026

Digital Health plays an important role in improving the health related issues in the modern healthcare sector.

Telehealth and telecare services are the most used services used in the digital health care sector for treating health related problems and that is done by using alarm and health monitoring devices.

There are other digital health services such as eHealth and mHealth. Mhealth uses mobile technology which helps to improve health and diagnostic services of one by using access to information through mobile. E Health analyses large datasets available in digital monitoring devices to take better clinical decisions for service management and medical research.

Segmentation: Global Digital Health Monitoring Devices Market

Global digital health monitoring devices market is categorized into three segments which are product, type and end user.

  • On the basis of product, the market is segmented into device, software and services. Device segment is sub-segmented into vital signs monitoring devices, glucose monitoring devices, sleep monitoring devices, fetal monitoring & obstetric devices, and neuromonitoring devices. Software segment is sub-segmented into healthcare apps, chronic disease apps, personal health apps and others. Services segment is sub-segmented into remote monitoring, consultancy services and others. In 2018, devices segment is expected to dominate the Global digital health monitoring devices market growing at the highest CAGR of 18.3% in the forecast period of 2019 to 2026.

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Competitive Analysis: Global Digital Health Monitoring Devices Market

Some of the prominent participants operating in this market are Medtronic, Agfa-Gevaert Group., iHealth Labs Inc., OMRON Corporation, Boston Scientific Corporation, BioTelemetry, Inc., BIOTRONIK SE & Co. KG, Honeywell International Inc., Epic Systems Corporation, Siemens Healthineers AG, Allscripts , McKesson Corporation, Koninklijke Philips N.V., Abbott, IBM Corporation, GENERAL ELECTRIC COMPANY, Cerner Corporation, Cisco Systems, Inc., Qualcomm Technologies, Inc. and among others.

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Global Usage Based Insurance Market – Industry Trends and Forecast to 2026

As name suggested usage based insurance is calculated by how corresponding vehicle is driven. In other words, usage based insurance is a kind of auto-insurance which totally depends on vehicle used, measured against time, distance, behaviour, place and others. These all usages can be measure using telematics technology; the technology is available in from of mobile application, pre-installed in the car’s network or it can be installed in USB port of the vehicle. Usage based insurance and telematics technology has wide range of benefits such as reverse gear indication, tracking of speeding, seat belt use, harsh braking, acceleration control, driver coaching by voice and others. These all benefits have potential to reduce road accidents.

Segmentation: Global Usage Based Insurance Market

Global usage-based insurance market is segmented into six notable segments which are package type, vehicle type, device offering, technology, vehicle age, and electric & hybrid vehicle.

  • On the basis of package type, the market is segmented into pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD). In 2019, the pay-as-you-drive (PAYD), market is growing at the CAGR of 19.3% in the forecast period of 2019-2026.
    • In November 2015, Intelligent Mechatronic Systems (IMS) was awarded for excellence in the innovative. This award made Intelligent Mechatronic Systems (IMS) more popular.
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Competitive Analysis: Global Usage Based Insurance Market

Some of the prominent participants operating in this market are Intelligent Mechatronic Systems Inc., TrueMotion, Cambridge Mobile Telematics, Insure The Box Limited, Progressive Casualty Insurance Company, Modus Group, LLC, Inseego Corp, Metromile Inc., The Floow Limited, Vodafone.

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Wireless Gas Detection : Solution on Accidents & Safety of workers

Market Analysis:

Global wireless gas detection market growing at a CAGR of 16.5% during the forecast period of 2019 to 2026 and is estimated to reach USD 5.1 billion by 2026.

The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

The rise in market value can be attributed to enhanced workers safety risks, adoption of IoT technologies in manufacturing.

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About Wireless gas detection :-

Wireless gas detection is the device which is used to detect the toxic gases.

The gas detector continuously monitors the toxic gases and if the detector crosses the limit than a signal sends & notify the leakage.

The wireless devices, provides the safety and also help in the reducing the accidents by making the market grow in future.

Mainly industries such as Oil and Gas, Chemical & Petrochemical, Utilities and Power Generation, Mining and Metals, Water and Wastewater Treatment Plants, Commercial Buildings and Public Facilities, Government and Military, Discrete Manufacturing Industries, need these gas detectors.

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Market Drivers

  • Enhances workers safety and mitigates risks
  • Easy use and installation of wireless gas detection systems
  • Adoption of industrial IOT technologies in manufacturing
  • Increasing environment safety concerns

Market Restraints

  • Security issues using wireless communication

Segmentation: Wireless Gas Detection

APPLICATIONS:

  • Wi-Fi
  • Bluetooth
  • Cellular
  • License-free ISM Band
  • Wirelesshart
  • Near-Field Communication

Major players operating in wireless gas detection market

  • Drägerwerk AG & Co.
  • KGaA, Siemens AG
  • MSA Safety Incorporated
  • United Electric Control
  • Honeywell International Inc.
  • Agilent Technologies Inc.
  • Sensidyne
  • LP
  • Pem-Tech

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The blood pressure monitoring segment is dominating the global vital signs monitoring market.

Global Vital Signs Monitoring Market is projected to register a healthy CAGR in the forecast period 2018 to 2025.

The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Prominent factors driving the growth of this market consist of :-

  • growing geriatric population and chronic diseases,
  • technological development,
  • rising demand of non-contact thermometers,
  • rising incidence of hypertension,
  • rapidly changing lifestyle

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Market Segmentation: 

  • On the basis of product type the global vital signs monitoring market is segmented into blood, pressure monitoring, pulse oximeter, temperature monitoring device.
  • In 2018, blood pressure monitoring segment is expected to dominate the global vital signs monitoring market with the highest market share in the forecast period 2018 to 2025.
  • On the basis of type the global vital signs monitoring market is categorized into non- integrated system, integrated system vital signs monitoring.
  • In 2018, non- integrated system segment is expected to dominate the global vital signs monitoring market with the highest market share in the forecast period 2018 to 2025.

Key Drivers: 

Factors such as growing geriatric population and chronic diseases, technological development, rising demand of non-contact thermometers, rising incidence of hypertension, rapidly changing lifestyle are fuel the growth of vital signs monitoring market.

Key Points: 

In 2017, the global vital signs monitoring market is dominated by Contec Medical Systems C0. LTD followed by Medtronic, GE Healthcare and others.

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Global Digital Business Support System

Global Digital Business Support System :

Digital business support system is a platform or solution that provides monitoring and operational benefits to the business enterprises. Business support system includes taking of orders, payment related queries and revenue management of the customers of the businesses. The system provides marketing insights, business operation insights among various other operation management aids to the enterprises enabling them to make informed business decisions regarding the product launches and market expenses.

Analysis: Global Digital Business Support System

Global Digital Business Support System Market is expected to rise from its initial estimated value of USD 2.74 billion in 2018 to an estimated value of USD 8.82 billion by 2026, registering a CAGR of 15.75% in the forecast period of 2019-2026.

This rise in market value can be attributed to the rising demand of mobile phones and increasing unique mobile subscribers worldwide.

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Market Drivers:

  • Introduction and deployment of customized solutions for business is expected to drive the market growth
  • Reduction in cost of business operations and reduction of usage of resources is also expected to drive the market growth

Market Restraints:

  • Time-taking process and high cost for implementing the system is also expected to restrain the market growth
  • Rising complications in business process and with the integration of traditional and modern business support system is expected to restrain the market growth

Segmentation: 

  • By Component
    • Solutions
      • Revenue & Billing Management
      • Customer Management
      • Order Management
      • Product Management
      • Others
    • Services
      • Consulting
      • Implementation
      • License & Maintenance
      • Training & Education
      • Managed Services

Competitive Analysis: Digital Business Support System

Global digital business support system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital business support system market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: 

Telefonaktiebolaget LM Ericsson, CSG International, Netcracker Inc., Amdocs, Huawei Technologies Co. Ltd., Capgemini, Nokia, ZTE Corporation, Infosys Limited, Tata Consultancy Services Limited, Accenture, IBM Corporation, Oracle, Optiva Inc., Sigma Systems Canada LP., sterlitetech.com, Cerillion, Openet, Comarch SA, Qvantel, BearingPoint, MIND, Mahindra ComViva, and MATRIXX Software.

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Smoke Evacuation System Forecast to 2025

Definition: Global Smoke Evacuation System Market

The smoke plume is generated during electro surgery and laser surgery and has become a major concern for both operators and patients. It is essential to eliminate offensive and potentially infectious smoke plume from the surgical room. The surgical smoke evacuation systems are the high-flow vacuum sources at the surgical site. Various key players are investing a huge amount in the development of this system as they are been used in various verticals such as hospitals, ambulatory surgical centers, cosmetic surgery centers, clinics. According to an article published by Bovie Medical, over 500,000 people are exposed to surgical smoke plumes each year.  

Market Analysis: Global Smoke Evacuation System

The Global Smoke Evacuation System Market is expected to reach USD 142.08 million in 2017 growing at a CAGR of 5.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Major Market Drivers and Restraints:

  • Technological advancements
  • Increasing demand for minimally invasive surgeries
  • Rising geriatric population across the globe
  • Increasing demand for smoke evacuation systems.
  • Unfavorable healthcare reforms in the U.S.
  • Increasing preference for non-invasive treatment procedures

Segmentation: Global Smoke Evacuation System

  • The global smoke evacuation system market is segmented based on product type, end user, application and geographical segments.
  • On the basis of product, the market is classified into smoke evacuators, smoke evacuation filters, smoke evacuation pencils & wands, smoke-evac fusion products (shrouds), smoke evacuation tubings, accessories.
  • On the basis of application, the market is classified into electrosurgical units, lasers, radiofrequency devices, ultrasonic devices, burrs and high-speed drills, cautery units.
  • On the basis of end users, the market is segmented into hospitals, ambulatory centers, clinics, community healthcare and others.

Competitive Analysis: 

The global smoke evacuation system   market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of smoke evacuation system market for global, Europe, North America, Asia Pacific and South America.

Market Competitors/Players: Global Smoke Evacuation System

Some of the major players operating in the global smoke evacuation system   market are Buffalo Filter LLC (A Part of Filtration Group Corporation Life Sciences Group), I. C. Medical, Inc., Covidien (A Subsidiary of Medtronic PLC), Conmed Corporation, Cls Surgimedics, Coopersurgical Inc. (A Subsidiary of the Cooper Companies, Inc.), Bovie Medical Corporation, Utah Medical Products, Inc., Megadyne Medical Products Inc., Erbe Elektromedizin GmbH

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Diagnostic Catheter Market – Industry Trends

Market Definition: Diagnostic Catheter

Catheter is a thin tube which is used for providing a broad range of functions. Catheters are medical devices which can be implanted in the body for the treatment of diseases or perform a surgical procedure.

The catheters are modified to adapt them for gastrointestinal, urological, cardiovascular, neurovascular, and ophthalmic applications.

The Global Diagnostic Catheter Market accounted to USD 3.5 billion in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024.

The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Drivers and Restraints:

  • Increasing Number Of Minimally Invasive Surgeries
  • Technological Developments In Imaging Catheters
  • Increase In Cases Of Cardiovascular Disorder In Asian Countries
  • Rising Number Of Imaging & Diagnostic Centers
  • Insufficient Quality Assurance
  • Price Rivalry At Domestic Levels

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Market Segmentation:  Diagnostic Catheter

By product type the global diagnostic catheter market is segmented into cardiovascular catheters, which is again bifurcated into IVUS catheters, PTCA balloons catheters, electrophysiology catheters, PTA balloons catheters, and others, neurovascular catheters, urological catheters, which is again divided into dialysis catheter, and urinary catheter, intravenous catheters, again bifurcated into central venous catheters, and peripheral venous catheters, specialty catheters, which is bifurcated into wound/surgical drain, oximetry,  thermodilution, and IUI catheters.

On the basis of application the global diagnostic catheter market is segmented into gastroenterology, cardiology, neurology, urology, and others.

On the basis of end-user the global diagnostic catheter market is segmented into hospitals, and imaging & diagnostic centers.

Competitive Analysis: Global Diagnostic Catheter

The global diagnostic catheter market is highly fragmented and is based on new product launches and clinical results of products.

Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of diagnostic catheter market for global, Europe, North America, Asia Pacific and South America.

Market Competitors: 

Boston Scientific, St. Jude Medical, Johnson & Johnson, Medtronic, Abbott, Siemens Healthcare, AngioDynamics, Koninklijke Philips, B. Braun Melsungen AG, C.R. Bard, Teleflex Incorporated, Cardinal Health, Edward LifeSciences, Cook Medical, Terumo Corporation, Hollister Incorporated, Vascular Solutions, Inc., Stryker Corporation, Cure Medical, and Convatech Inc. among others.

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Global Ostomy Drainage Bags Market

Definition: Ostomy Drainage Bags Market

Ostomy drainage bags are made of plastic or rubber which are used in ostomy procedures and is attached to the artificial opening to collect wastes.

The bags are available in disposable and reusable types.

Market Analysis:  Ostomy Drainage Bags

The Global Ostomy Drainage Bags Market accounted to USD 3.1 billion in 2016 growing at a CAGR of 4.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major drivers and restraints: 

  • Increasing incidences of cancer and chronic diseases
  • Government initiatives to create awareness regarding the procedures done for treatment of various diseases
  • Stringent regulatory framework
  • Alternate surgical procedures available
  • Weak reimbursement policies

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Segmentation: Ostomy Drainage Bags

By product type the market for ostomy drainage bags is segmented into colostomy bags, ileostomy bags, urostomy bags, continent ileostomy bags, and continent urostomy bags.

By procedure the ostomy drainage bags market is segmented into colostomy, urostomy, ileostomy. On the basis of usage the market is segmented into reusable, and disposable.

On the basis of end-users the ostomy drainage bags market is segmented into Hospitals, Clinics, ambulatory centers, homecare and others.

Market Competitors:  Ostomy Drainage Bags

Some of the major players operating in ostomy drainage bags market are B Braun Melsungen AG, Flexicare Medical Ltd., Conva tec, Inc., Coloplast A/S, Alcare Co., Ltd., Pelcin Healthcare Ltd., Salts Healthcare Ltd., Hollister, Welland Medical Ltd., Cymed Ostomy, Marlen Manufacturing & Development, Torbot Group Inc. among others.

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Data Integration Market

Definition: Global Data Integration

Data integration is the combination of technical and business processes used to combine data of different technical and business processes from disparate sources into meaningful and valuable information and thus helps in delivering trusted data.

The rise in the adoption of cloud computing, increase in the presence of the service based enterprises, need of reliable solution for the data management are some of the factors that are fuelling the growth of this market.

The data integration also helps in safeguarding the data and secures the data replication.

Analysis: Global Data Integration

The global data integration market accounted for USD 6.1 billion in 2016 growing at a CAGR of 13.65% during the forecast period of 2017 to 2024.

The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers & Restraints:

  • Rise in adoption of cloud computing
  • Increase in presence of service based enterprises
  • Secure data replication
  • Reliable solution for data management

Segmentation: Global Data Integration

The global data integration market is segmented on the basis of component into tools and services.

By business application, the global data integration market is segmented into marketing, sales, operations, finance, and HR (human resource).

On the basis of deployment model, the global data integration market is segmented into on-premise and hosted.

By end user, the global data integration market is segmented into BSFI (Banking, Financial Services & Insurance), government, e-commerce, healthcare, utilities and retail.

Major Market Competitors:

Informatica, IBM Corp, SAP SE, Oracle, Talend, Microsoft, Cisco Systems,Inc., Denodo Technologies, Attunity, Adeptia, Inc., Actian Corporation, Syncsort, Symantec Corporation, Teradata, Intel Corporation, SAS Institute Inc, Information Builders, Pitney Bowes Inc., Informatica Corporation, HVR Software, Attunity Ltd among others.

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Lithotripsy Devices Market– Forecast to 2025

Definition: Global Lithotripsy Devices

Lithotripsy is a technique of breaking the process of urolithiasis. Urolithiasis is the process stones formation in the kidney, bladder, and/or urethra. It can be mostly observed that the kidney stones cause blood in the urine and discomfort in the abdomen and flank, or in the groin that is the area between the abdomen and the upper thigh on either side of the body. The people suffer from kidney stones that occur in 1 in 20 people at some point of time. Lithotripsy procedure also uses shock wave to break up stones in the internal organ like kidney, bladder, or ureter. Subsequently in this procedure, the tiny pieces of stones pass out of the body with the help of urine.

Analysis:  Lithotripsy Devices

The Global Lithotripsy Devices Market is expected to reach USD 2.12 billion by 2025, from USD 1.41 billion in 2017 growing at a CAGR of 5.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Major Market Drivers and Restraints:

  • Increasing incidence of urolithiasis
  • Technological advancements
  • Unfavorable healthcare reforms in the US
  • Adverse effects associated with lithotripsy and the availability of alternative treatments for stone removal

Market Segmentation: Lithotripsy Devices

  • The global lithotripsy devices market is segmented based on type, application, distribution channel and geographical segments.
  • Based on type, the market is segmented into intracorporeal lithotripsy and extracorporeal shock wave lithotripsy. The intracorporeal lithotripsy segment is further segmented into mechanical lithotripsy, electrohydraulic lithotripsy (EHL), laser lithotripsy and ultrasonic lithotripsy.
  • On the basis of application, the market is classified into kidney stone, pancreatic stones, ureteral stones and bile duct stone.
  • On the basis of end users, the market is segmented into hospitals, ambulatory surgical centers, and other end users.

Market Players:  Lithotripsy Devices

Richard Wolf
Direxgroup
Medispec LTD
C. R. Bard, Inc.
Novamedtek
Karl Storz Gmbh
LUMENIS.
COOK
Dornier
Medtech

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Workflow Management System Market – Industry Trends

Definition: Global Workflow Management System

The workflow management system (WMS) is a piece of software that provides an infrastructure to setup, execute, and monitor scientific workflows. It also refers to integration of workflow systems, and applications which ensures integration of programs and people in the framework of a defined business process. Workflow management is advantageous over traditional workflow management as it provides cost savings, intangible benefits, and hidden savings. The increased focus on streamlining business processes, achieving cost-efficiency through workflow management among others is boosting the growth of this market.

Market Analysis: 

The global workflow management system market accounted for USD 3.4 billion in 2016 growing at a CAGR of 22.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Drivers & Restraints:

  • Increased Focus on Streamlining Business Processes
  • Achieving Cost-Efficiency Through Workflow Management
  • Increased Access to Information
  • Difficulty in Integrating New and Legacy Systems Through Workflows
  • High Implementation Costs

Segmentation:  Workflow Management System

The global workflow management system market is segmented on the basis of software into production workflow systems, messaging-based workflow systems, web-based workflow systems, suite-based workflow systems and others.

On the basis of service, the global workflow management system market is segmented into IT consulting, integration & implementation, training & development.

On the basis of deployment, the global workflow management system market is segmented into cloud and on-premises.

On the basis of vertical, the global workflow management system market is segmented into Banking, financial services & insurance (BFSI), public sector, healthcare, energy & utilities, retail, IT & telecom, travel & hospitality, transportation & logistics, education and others.

Market Competitors:  Workflow Management System

IBM Corporation
Oracle
Newgen Software Inc.
Bizagi
Nintex Global Ltd
Pegasystems Inc.
FUJISTU
TIBCO Software Inc.
PNMsoft Ltd

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Epoxy Curing Agents – Industry Trends and Forecast to 2024

Market Definition: 

Curing agents are a type of chemical additives added to base resins to toughen or harden them. Epoxy curing agents contain epoxide functional group.

The choice of epoxy curing agents depends on the base resin as well as the required degree of toughness.

Each epoxy curing agent has its own set of characteristics that defines the degree of curing and time. Commonly used epoxy curing agents are aliphatic, cycloaliphatic, polyamide, mercaptan, amidoamine, and others.

There is a growing demand for epoxy curing agents in coatings, construction, adhesives, composites, wind energy and electrical & electronics activity, which is expected to be one of the major drivers of the market over the next seven years.

Market Analysis: Epoxy Curing Agents

The Global Epoxy Curing Agents Market accounted for USD 3.45 billion in 2016 and is projected to grow at a CAGR of 6.9% during the forecast period of 2017 to 2024.

The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Drivers:

  • High demand in construction and wind energy
  • Technological advancement in the manufacturing sector
  • Growing demand for eco-friendly paints & coatings

Market Restraint:Environmental regulation in European countries

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Segmentation: Epoxy Curing Agents

The epoxy curing agents market is segmented on the basis of type into amine-based curing agents and anhydride curing agents.

The amine-based curing agents are further sub segmented into aliphatic, cycloaliphatic, polyamide, amidoamines and others.

The anhydride curing agents are further sub segmented into hexahydrophthalic anhydride (HHPA), nadic methyl anhydride and pyromellitic dianhydride (PMDA)

On the basis of application, the market is segmented into coatings, construction, adhesives, composites, wind energy, electrical & electronics and others.

Some of the major players in epoxy curing agents market include :-

Aditya Birla Chemicals (Thailand) Ltd.
Mitsubishi Chemical Corporation
Atul Limited
Evonik Industries
Air Products and Chemicals, Inc.
Hexion Inc.
BASF SE

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