Chemical Sensors Market to Grow at 10.15% CAGR by 2021 as Demand from Medical and Automotive Sectors Increases
PUNE, India, November 14, 2016 /PRNewswire/ --
The Global Chemical Sensors Market (Optical, Electrochemical, Biochemical): Analysis By Type, By Application, By Region, By Country (2016-2021) report provides following strategic recommendation for the market - Development of miniaturized and portable Chemical sensors, Asia Pacific Region to witness the fastest growth in Chemical Sensors Market and Advancement of medical diagnostics propel the demand for Chemical sensor.
Complete report on Chemical Sensors market spreads across 185 pages, analysing 10 companies and supported with 124 Figures and 11 Tables is available at http://www.reportsnreports.com/reports/750657-global-chemical-sensors-market-optical-electrochemical-biochemical-analysis-by-type-by-application-by-region-by-country-2016-2021-by-type-electrochemical-optical-chemical-biochemical-and-other-by-di-arabia.html.
Global Chemical Sensors Market is forecasted to grow at a CAGR of 10.15% during 2016 - 2021. The strong growth in Chemical Sensors industry is driven by the surging demand from medical and automotive sectors. Apart from that, the uncovering of the wide range of applications in allied industries including chemical processing, food & beverage processing, environmental sector and defence has been impelling growth in the chemical sensors market.
Although, electrochemical sensors hold the major percentage share in the total chemical sensors market, biochemical sensor is projected to display a faster growth in the future owing to the increasing diabetes prevalence in the population coupled with growing home & point-of-care testing and monitoring tools demand. Among the regions, APAC is predicted to advance at the highest rate, mainly driven by the pouring number of vehicle production, growing healthcare infrastructure and shift of manufacturing facilities in low-cost countries in the region.
Scope of the Report
The report provides coverage:
By Type: Electrochemical Sensors, Optical Chemical Sensors, Biochemical Sensors and Others
By Application: Medical, Automotive, Environmental Monitoring and Other
By Region: North America, Europe, APAC and ROW
By Country: US, Canada, Germany, U.K., China, India, Japan, Brazil and Saudi Arabia
Company profiling are BASF SE, Evonik Industries, Johnson Matthey, Exxon Mobil Corporation, Clariant AG, Honeywell International Inc., LyondellBasell Industries N.V, Albemarle Corporation, Chevron Phillips Chemical Company LLC. and Ineos Group AG.
Order a Copy of Report at http://www.reportsnreports.com/purchase.aspx?name=750657.
Another related report is Global Chemical Catalyst Market (By Type, By Raw Material, By Application, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021). According to research report, Global Chemical Catalyst market is projected to exhibit a CAGR of over ~4.68% during 2016 - 2021. On the basis of market segment, Global Chemical Catalyst Market has been segmented on basis of type (Heterogeneous, Homogeneous and Enzymatic Catalyst); By Raw Material (Zeolites, Metals and Chemical Compounds), By Application (Environmental, Refinery, Polymer and Chemical Process Catalyst), By Region (North America, South America, APAC, Europe, Middle East and Africa) and by Country (US, Canada, Germany, China, India, Brazil, Japan). Complete report is available at http://www.reportsnreports.com/reports/654634-global-chemical-catalyst-market-by-type-raw-material-application-region-country-opportunities-and-forecasts-2016-2021-by-type-heterogeneous-homogeneous-and-enzymatic-catalyst-by-raw-material-zeolites-metals-and-chemical-compounds-by-application-environmen.html .
Explore other new reports on Chemicals Market at http://www.reportsnreports.com/market-research/chemicals/.
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