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(MoneyNewsWire.Net, August 06, 2018 ) Other accounting services market comprises establishments (except offices of CPAs) engaged in providing accounting services (except tax return preparation services only or payroll services only). These establishments may also provide tax return preparation or payroll services. Accountant (except CPA) offices, bookkeeper offices, and billing offices are included in this market.
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The global other accounting services market was valued at $36 billion in 2017, and is expected to be driven by the demand of consumers. Asia Pacific was the largest geographic region in other accounting services manufacturing market in 2017, accounting for about two-fifth of the global market share.
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The USA was the biggest player in the market in 2017, accounting for two fifth of the market share. This was mainly due to the presence of a large number commercial establishments seeking accounting, legal, and management consulting, advertising and other professional services. The USA was followed by China and India as the next largest countries in the market.
The top competitors in the market are Nippon Carbon, Schneider Electric, Graf Tech International, Siemens AG and Graphite India Limited. Nippon Carbon Co, Ltd. manufactures and sells carbon fiber products in Japan. It offers carbon fiber products, including molded heat insulating materials for high temperature furnaces; CARBORON, a soft felt used in a range of heat insulators for high temperature furnaces; C/C Composite, a lightweight carbon material used in heat resistant composite structural members, high temperature furnace materials, trays, jigs, etc.; and CARBEST, a carbon fiber packing material.
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