Friday 19 February 2016

Construction Equipment Market Analysis, Size, Growth, Trends, Strategies & Forecast, 2012 To 2020

Industry Insights
Construction equipment market has been witnessing strong growth over the last few years on account of increasing demand from construction sector across the globe. Construction equipment demand has been increasing owing to increasing government spending on infrastructure development including residential and non- residential projects in emerging countries such as India, china and Brazil.

Continuous growth in infrastructure is anticipated to enhance the application scope of construction equipment. Increasing mining activities is the key factor expected to drive the market over the foreseeable period. Due to the scarcity of crude oil and natural gas, major mining industries started operating at deep sea levels.  Increasing mining activities in deep sea level and ultra-deep sea level require advanced equipment for the safe operation of mining activities.
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This requirement of advanced equipment for mining activities has been supporting the construction equipment market growth over the last few years and the trend is expected to continue over the forecast period. Handling construction equipment requires skilled labor and complete observance with safety regulations. High operating and maintenance cost of this equipment is the key challenge for market players to handle their working capital. Moreover, reducing green house gases emission and meeting regulatory mandates from EPA is one of the challenging factors for the market participants. Technological development facilitated the real time monitoring in order to detect and monitor equipment failure.

Product Insights
Earth Moving equipment was the largest product segment in 2013 on account of increasing demand from construction activities such as foundation building and trench digging. Earth moving equipment mainly comprises loaders, excavators, loaders and graders. Among all earth moving equipments, loaders held the major share in 2013, and are expected to hold their position over the foreseeable period. Material handling equipment is anticipated to witness strong growth over the next five years on account of significant growth in application areas. Material handling materials mainly include trailer mounted cranes, crawler cranes and truck mounted cranes.
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Concrete and road construction equipment has been witnessing strong demand over the last few years on account of increasing construction projects across the BRICS region. Growing residential and non residential projects coupled with increasing population in India and China is anticipated to boost the demand for construction sector over the forecast period. Increasing demand for construction is anticipated to augment construction equipment market growth over the next five years. Increasing government spending on infrastructure development including roads, metro rails, flyovers and commercial complexes is anticipated to surge the market growth over the forecast period.

Regional Insights
Asia pacific was the largest regional market for construction equipment over the last few years and is expected to remain the dominant regional market over the next five years. Increasing construction activities on account of infrastructure development in emerging nations such as India and China is the key factor expected to drive the market in this region. Asia Pacific has given tough competition to well established North America and Europe markets over the last few years. North America has been witnessing significant growth over the recent past on account of increasing demand from coal mining industries in this region. Growing Infrastructure in Brazil is anticipated to boost the construction equipment demand in the region over the forecast period.

Competitive Insights
Major market players in Europe and North America has been increasing their investment in R&D for the development of technologically advanced equipment  to lower the production cost and meet the mandates set forth by regulatory boards such as EPA. Major players in construction equipment market include Caterpillar Inc., Komatsu Limited, Hitachi Construction Machinery Co., John Deere, Terex Company and CNH Global.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Ryan Shaw
Hexa Research
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Phone: +1-800-489-3075

Thursday 18 February 2016

Global Sand Blasting Equipment Market Size, Share, Growth, Trends And Forecasts, 2012 To 2020

Industry Insights
Increased usage across domestic as well industrial applications is expected to positively impact the sand blasting equipment market growth over the next six years. In 2012, the global sand blasting equipment market was valued over USD 330 million. Further, increasing demand from several industries including construction, aerospace and automotive is also expected to be favorable for the market.

High investment by key market participants across robotic technology is also expected to propel sand blasting equipment market growth over the next six years. Unfavorable government initiatives in countries including the UK, U.S. and Turkey, restricting the application abrasives that are blast cleaning-based and contain over 0.1% of free silica content may pose a challenge to the sand blasting equipment market. Silica inhalation is hazardous to health, which causes silicosis and several other lung diseases.
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Ban on use of blast cleaning abrasives owing to the aforementioned hazards has positively impacted the demand for other abrasive materials such as crushed glass, shells, walnut and water. Shot blasting machines have successfully substituted sand blasting equipment across numerous applications so as to prevent contracting any lung disorders, which is thereby expected to hamper market growth. Shot blasting machines use metallic grits and shots as abrasives, making them more feasible.

Sand blasting equipment market is highly fragmented in nature, with key industry participants investing in robotic sand blasting technology. In addition, manufacturers emphasize on providing safety devices to sand blasting equipment operators owing to the several health hazards they cause. Mergers & acquisitions and alliances remain to be major growth strategies adopted by several market players.

Product Insights
Based on target applications and size, the sand blasting equipment market is broadly categorized into: industrial and mini machines. Mini sand blasting equipment is portable, and are still in early growth stage. The segment is expected to witness high growth over the forecast period owing to substitution of manual labor along with increased adoption of sand blasting equipment to perform repairing, rust removal, and paint removal. In 2013, industrial machines contributed over 80% to the overall market, which can be attributed to multiple utility exhibited by these machines that led to their high volume purchases by several industries. Further, these machines help businesses address many surface preparation and metallic cleaning requirements.
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Regional Insights
Asia Pacific is expected to emerge as the most lucrative regional market over the forecast period. This is primarily due to the increased adoption of sand blasting equipment across end-use industries including aerospace, construction, infrastructure and automotive. Additionally, high demand in regions such as China, Japan and India is expected to drive the regional sand blasting equipment market growth. North America is also expected to exhibit growth over the forecast period owing to increased use of this equipment across home improvement and automotive applications.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Ryan Shaw
Hexa Research
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Felton, California 95018
United States
Phone: +1-800-489-3075

Freeze Drying Equipment Market Analysis, Size, Share, Growth, Trends And Forecast, 2012 To 2020

The rapidly increasing demand for seasonal foods and eatables in off seasons coupled with their hygienity are the major factors driving the global freeze drying equipment market. Dry freezing is a process of dehydration which is also termed as lyophilisation. This process includes the freezing of a product to eliminate the moisture which is followed by the drying process of the product. As the growth of fungi and bacteria is reticent in a moisture free environment, the freeze drying equipment facilitates longer storage of the products.

The freeze drying equipments includes tubing and nozzles, freezing chambers, various sensors, vacuum pumps and cryogenic liquid storage.The replacement of traditional processes of drying products with the introduction of new drying technologies is also a factor propelling the freeze drying equipment market. The technological advancements in the market are retaining the customers by providing various advantages such as enhancing usability in diverging conditions and preserving the aroma of the products.
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The rapidly rising demand for preserving food with better quality and longer life is a direct consequence of rapidly changing lifestyle globally. A huge potential from taxidermy and eco-friendly interments coupled with the constant increase in preservation of flowers and leather are the major factors expected to further fuel the global freeze drying equipment market over the forecast period.

The entire freeze drying equipment market on the basis of product type is segmented into industrial freeze dryers, general purpose freeze dryers, mobile freeze dryers, laboratory freeze dryers and bench top freeze dryers. The laboratory freeze dryers segment is one of the leading product lines owing to its increasing usage in the pharmaceutical industry for development purposes. Bench top equipments are also majorly used in laboratories for various biological studies by students. Industrial freeze drying equipments are widely used for the protection of several food products for safe consumption. The mobile freeze drying equipments are expected to witness lucrative growth over the forecast period owing to the portability and moisture reducing efficiency of these equipments.

The freeze drying equipment market is segmented on the basis of applications of the equipments into pharmaceuticals, biotechnology, surgical procedures and food processing applications. The leather conservation and flower preservation are other niche applications of the freeze drying equipments. The food processing application of freeze drying equipments attributes the largest market share due to the rapid increase in food processing acceptance and increasing prevalence of food processing globally. The biotechnology and pharmaceuticals segments are expected to witness lucrative growth over next five years owing to the continuous advancements in freeze drying technologies.
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Geographically, the overall freeze drying market is segmented into North America, Asia Pacific, Europe and RoW. As of 2013, North America attributed the largest market share in terms of revenue due to increased use of freeze drying equipments especially in food processing and pharmaceuticals in this region. Asia Pacific is anticipated to grow fastest over next five years due to emerging pharmaceuticals market and expanding food packaging market in this region. Europe is expected to hold steady growth in the market owing to usage of freeze drying equipments in various applications.

The major players in global freeze drying market include SP Scientific, Shanghai Tofflon Science & Technology Co. Ltd., Millrock Technology Inc., Operon, Freezedry Specialities Inc., MechaTech Systems Ltd., Cuddon Engineering Ltd., I.M.A., Labconco Corp., GEA Niro, Thermo Fischer Scientific Inc. and Telstar S.A. These companies are creating various strategies such as collaborations, expansions and acquisitions to keep a strong foothold in the global freeze drying equipment market.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Ryan Shaw
Hexa Research
Felton Office Plaza
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Felton, California 95018
United States
Phone: +1-800-489-3075

Tuesday 16 February 2016

Pico Projector Market Analysis, Size, Analysis, Competitive Strategies And Forecasts, 2012 To 2020

Industry Insights
Pico projectors are handheld devices which are used in devices such as tablets, mobiles phones, digital cameras, personal digital assistants (PDAs) and phablets. Pico projectors are used to display the contents of the device on the screen or wall by using image projector. As Pico projectors are small in size they can be installed in devices including digital cameras and mobile phones.

Pico projectors work by using different technologies including digital light processing (DLP), laser beam steering (LBS) and liquid crystal on silicon (LCoS). Digital light processing technology uses light source and mirrors in order to limit the quantity of light accepted by pixels on the image. Increasing convenience provided by Pico projector is expected to provide positive avenues to the market growth. However, decreasing pico projectors price is expected to drive the market over the forecast period.
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Increasing number of business personnel to give presentations and reduced dependence on carrying separate devices such as computers and others are expected to positively impact the product demand over the next six years. A wheel between the mirrors and light source is used to separate the light into blue, green and red.

Liquid crystal on silicon uses liquid crystal instead of mirrors in order to limit the quantity of light accepted by pixels on the image. Laser beam uses three sub pixel RGB laser beams which are associated with the help of optics. Higher cost of devices which are installed with pico projectors is likely to pose a challenge to the global market over the foreseeable period.

Product Insight
Stand-alone projectors need an USB or external cable such as HDMI or VGA to display the contents of the devices comprising laptops and others. USB pico projectors are lightweight and small. Since, they do not include battery, USB projectors require an USB port for power by an external devices such as tablet or laptop. Embedded projectors are mainly integrated in mobile phones.

Increasing usage of embedded projectors in laptops and digital cameras is expected to provide positive avenues to the pico projector market growth over the next five years. Growing Pico projectors use in various applications including healthcare, automotive, retail and aerospace is expected to fuel the market demand over the next five years. Laser pico projector market is expected to grow significantly as they provide a better color palette and the option of image enlargement.
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Regional Insights
North America was the largest market accounting for over 37% of the share in 2013. Asia-Pacific is expected to grow significantly owing to growing demand in countries such as India and China. Growing infrastructure and technological advancements in developing countries such as India and China are also expected to drive the pico projector market in the region. Asia Pacific market is expected to experience rapid growth on account of increasing electronic devices demand is this region.

Competitive Insights
Pico projectors market is highly fragmented owing to presence of suppliers in china and domestic manufacturers. Key industry participants include AAXA Technologies Inc., 3M Co., Acer Inc., Epicrystals Inc., Coretronic Corporation, Lite-On Technology Corporation, Microvision Inc., Luminus Devices, Optoma Technology Inc, Sony Corporation, Samsung Electronics Co., Texas Instruments Inc. among others.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:


Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075

High Performance Alloys Market Analysis, Size, Application Analysis And Forecasts, 2012 To 2020

Industry Insights
High performance alloys market has been witnessing strong growth over the last few years on account of increasing application in major end-use industries including aerospace, gas turbines, electronics and oil & gas. High performance alloys have ability to sustain high temperature. Increasing high thermal resistant materials demand in aerospace industry is anticipated to fuel the market growth over the next six years.

High performance alloys demand is growing on account of its superior mechanical and chemical properties including high tensile strength, inertness towards alkaline and resistance to heat & corrosion. Increasing application scope of high performance alloys in gas turbines is anticipated to complement the market growth in near future.
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In addition, high performance alloys are used in wind turbines owing to their high strength and design flexibility. Growing wind energy industry owing to meet the required energy demand is likely to drive the global high performance alloy market over the foreseeable period.

Product Insights
Non ferrous alloys have been witnessing strong growth over the last few years on account of increasing demand from aerospace and gas turbines industry. Titanium and nickel which come under non-ferrous alloys are used in the main gear box assembly of helicopter due to their high tensile strength and modulus. However, volatile price of titanium alloys is expected to hamper the market growth in near future.

Refractory alloys are mainly used in applications where material with high thermal stability is required. Increasing demand for high thermal stability materials in major end-use industries including oil & gas and power generation is anticipated to boost the demand for high performance alloys over the forecast period.

Platinum group metal (PGM) alloys such as Ruthenium, Rhodium, Palladium, Osmium, Iridium and Platinum have multitude applications in automotive, jewelers, catalysis process, glass fiber production and laboratory crucibles. These applications of PGM alloys are expected to fuel the market growth over the forecast period.
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Application Insights
Aerospace industry has been the dominating application segment of high performance alloys over the last few years, and the trend is expected to continue over the forecast period. Growing aviation industry coupled with increasing R&D activities is likely to impact the market growth positively over the next few years. Gas turbines industry is the second major application segment of high performance alloys followed by automotive. Power generation and oil & gas industry has been witnessing significant growth over the last few years.

Regional Insights
North America has been the largest regional market segment of high performance alloys over the past few years, and the trend is expected to continue over the forecast period. Owing to rapid growth in aerospace industry in this region, demand for high performance alloys is expected to witness significant growth over the next six years. Europe was the second largest market followed by Asia Pacific.

Increasing gas turbines demand coupled with growing power generation sector in Europe is anticipated to complement the market growth over the forecast period. Furthermore, growing automobiles market in Europe is likely to boost the high performance market demand over the foreseeable period. In Asia Pacific, growing energy demand coupled with rapid industrialization is expected to fuel the market growth over the next six years.

Competitive Insights
Increasing application scope of high performance alloys in various end-use industries including automotive, gas turbines, aerospace and niche application like chemical and medical sector is anticipated to open opportunities for new entrants as well as existing market players. Key players in this market include Carpenter Technology Corporation, Allegheny Technologies Inc, Aperam S.A. and RTI international metals.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw

Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075

Monday 15 February 2016

Glycolic Acid Market Analysis, Size, Growth, Trends, Competitive Strategies & Forecasts, 2014-2020

Global glycolic acid market is expected to witness momentous growth owing to increasing application in major end-use industries including personal care and household cleaning over the forecast period. Rising concern over skin and hair problem among youth is expected to be the major factor driving the global glycolic acid market over the foreseeable period.

Growing anti-aging products demand among young inhabitants is further likely to propel the market growth in the future. Glycolic acid finds application in industrial products such as PET bottles and medical sutures. Increasing shore up for biodegradable product is anticipated to have positive impact on global glycolic acid market over the next six years.
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Polyglycolic acid (PGA) is a derivative product of glycolic acid, and is used in manufacturing surgical sutures. Growing PGA demand owing to increasing use in medical equipments is projected to compel the market over the forecast period. Glycolic acid is used as an ingredient in shampoos, face peels, ointments, and moisturizers. Growing personal care products demand coupled with increasing consumer awareness toward use of biodegradable products are expected to create an opportunity for the market players over the foreseeable period.

Water treatment is the also one of the major end-use application segment. Growing need of water owing to increasing population is expected to be the major factor driving the market over the foreseeable period. However, availability of salicylic acid as an alternative is expected to hinder the market growth in the future.

High consumption of concentrated glycolic acid may lead to skin burns. This hazardous factor is expected to restrain the global glycolic acid market in the future. Household cleaner is among the key glycolic acid application segment. Increasing household cleaner demand is further expected to propel the market growth over the forecast period.

Glycolic acid is used as a dyeing and tanning agent in textile industry. Growing textile industry owing to shift in fashion toward new lifestyle is likely to propel the market growth in the future. Glycolic acid finds application in food processing as a flavoring agent and as a preservative. Growing packaged food demand is further expected to drive the global glycolic acid market over the foreseeable period.

Glycolic acid often finds application in adhesives and plastics. Increasing adhesives demand in furniture industry is likely to fuel in market growth over the next six years. Glycolic acid is also used as surface treatment, which finds application in tile flooring. Growing building & construction industry in emerging economies including Brazil, India, China, and Argentina is expected to drive glycolic acid market in this region.
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North America was major regional glycolic acid market in 2013. Increasing medical equipments demand in U.S. and Canada is expected to drive North America glycolic acid market over the forecast period. Increasing packaged food consumption in U.S. is expected to be the major factor driving the market in North America. Stringent government regulation associated with glycolic acid for use in personal care product is expected to restrain the market over the foreseeable period.

Europe is the second major glycolic acid market. Increasing personal care products such as hair and skin care among young consumers in Europe is further anticipated to drive the market growth in this region over the forecast period. Increasing personal care concerns coupled with changing lifestyle in countries such as India and China is expected to drive the Asia Pacific market over the foreseeable period. Growing textile industry owing to increasing population in emerging nations of Asia Pacific is expected to propel the market growth in this region over next six years.

Global glycolic acid market is highly dominated by top players. DuPont is among the top players operating in the global market. Some other key players operating globally include CrossChem LP, Phibro Animal Health Corp., Chemsolv Inc., and Parchem.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:


Ryan Shaw
Hexa Research
Felton Office Plaza
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Felton, California 95018
United States
Phone: +1-800-489-3075

Global Castor Oil And Derivatives Market Analysis, Growth, Trends and Segment Forecasts, 2012-2020

Industry Insights
Castor oil and derivatives market has been growing at a good pace over the past few years on account of growing demand for bio-degradable products. Increasing environmental concerns is the key factor expected to boost the market over the foreseeable period. Stringent regulation from government boards including EPA and PNGRB to limit the usage of traditional petrochemicals resulted in shift in focus towards castor oil and its derivatives.

This shift in focus is likely to create an opportunity for the market players. Volatile price of petrochemical is the other key factor which is expected to surge the demand for bio-degradable products over the foreseeable period. Bio-degradable products demand is presume to drive castor oil and derivatives market growth over the next six years.
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Global castor oil market is also expected to witness strong growth on account of increasing demand from automotive sector across the globe. Increasing application scope of castor oil and derivatives in major end-use industries including pharmaceuticals, cosmetics & personal care and plastics & resins is expected to fuel the market growth over the forecast period. However, increasing prices of raw materials including castor seeds coupled with low prices of other renewable chemicals is anticipated to impact the market negatively over the forecast period.

Product Insights
Sebabic acid is the major product segment of castor oil & derivatives followed by caster wax and dehydrated castor oil. Sebabic acid has found large number of applications in major industries, which is expected to drive the market over the forecast period. Castor oil & derivatives market is expected to witness strong growth over the next six years owing to increasing application scope of caster wax in cosmetics and personal care products.

Application Insights
Cosmetics and health care industry was the largest application segment for castor oil & derivatives market over the last decade, and the trend is expected to continue over the forecast period. Increasing R&D activities in health care to broaden the application of bio-based products in this segment is the key factor expected to drive castor oil & derivatives market over the next six years. Surface coating is anticipated to witness strong growth over the forecast period owing to increasing demand from construction sector across the globe.
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Regional Insights
Asia pacific was the largest market for castor oil and its derivatives over the last decade in terms of production and exports. India is the largest producer of castor oil followed by China. Increasing demand from end use industries including personal care, pharmaceuticals and lubricants is anticipated to surge the market growth over the next six years in this region.

North America was the largest consumers of castor oil and its derivatives owing to increasing demand for bio degradable products in cosmetics and pharmaceuticals. Europe castor oil market is expected to witness significant growth over the foreseeable period owing to increasing bio diesel demand coupled with stringent regulations from EPA to reduce the usage of traditional petrochemicals.

Competitive Insights
Increasing R&D activities by key market players is expected to enhance application scope and end-use specific product development for plastics & rubber, paints, lubricants, food, and textile industries over the forecast period. Some key players in castor oil & derivatives market include Thai Castor Oil Industries Co. Ltd., Castor Chemical Co. Ltd., Adani Group, Kanak Castor Products Pvt. Ltd. and Liaoyang Huaxing Chemical Ltd. Co among others.
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075