Ceiling Tiles Market is Estimated to Grow at a CAGR of 9.5% by 2025|Key Industry Participants USG Corporation, ROCKWOOL International A/S

San Francisco, 23 October 2018: The global ceiling tiles market is expected to reach USD 10.08 billion by 2025, growing at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Increasing construction of office spaces worldwide is likely to boost the usage of building materials including mineral wool, metal, and gypsum panels by the end of 2025. 

Rise in the working population group, since the past few years has led to an increased construction spending in key Asia Pacific countries including China, Vietnam, Bangladesh, Singapore, India, Thailand, and Malaysia. Construction of new offices across the globe is estimated to peak in the future.

This scenario is likely to reflect in developing countries including China, Russia, and India. Furthermore, currently rising foreign investments coupled with government initiatives in these countries is projected to boost the construction of business centers and IT parks in the recent future. These factors are considered to influence the consumption of construction materials including ceiling tiles and hence boost their market growth.

Emerging regions especially Latin America and Middle East & Africa are expected to depict above average industry growth owing to development of the hotel sector as a result of increasing government initiatives regarding the tourism industry in these regions.

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Further key findings from the report suggest:

·       In terms of revenue, the residential segment is expected to rise at a CAGR of 9.4% over the forecast period. This application segment constituted a revenue share of 4.6% in 2016.

·       Technological breakthrough in the field of low VOC panels and recyclable tiles is estimated to offer lucrative growth prospects in the industry by the end of 2025. Furthermore, development of three dimensional ceiling tiles is another important milestone that is expected to open new avenues in the industry.

·       Companies are aiming at achieving optimum business growth through fully integrating their business operations across the product value chain. For instance, USG Corporation is engaged in manufacturing ceiling tiles as well as its precursor gypsum board and has strong distribution network.

·       In June 2017, Armstrong Ceiling Solutions launched a new range of ceiling tiles under the New Dune eVo brand name. These tiles are 100% recyclable and exhibit well improved aesthetics and acoustic performance.

·       In April 2014, the Rockfon North America, a ROCKWOOL International subsidiary achieved the UL Environment’s GREENGUARD Gold certification for its low VOC products. This has enhanced the market position of the company as a key sustainable player in the past years.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the global ceiling tiles market on the basis of product, application, and region:

Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Mineral wool

·         Metal

·         Gypsum

·         Others

Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Commercial Construction

·         Residential Construction

·         Industrial Construction

Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

·         Central & South America

o    Brazil

·         Middle East & Africa

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Polyphenylene Sulfide Market is Expected to Reach $2.14 Billion by 2025|Top Industry Players Celanese Corporation, SK Chemicals

San Francisco, 23 October 2018: The global polyphenylene sulfide (PPS) market is expected to reach USD 2.14 billion by 2025, growing at a CAGR of 8.8% from 2017 to 2025 according to a report by Grand View Research, Inc. Rising demand for PPS on account of its high resistance to corrosion, temperature, chemical, wear, and radiation will fuel its demand.

The increasing usage of the product for various electronics and electrical applications including fans & blowers, heat exchangers, relays, connectors, switches, circuit breakers, CD/DVD optical pickup components, connectors, HDTV & projection light engine housing, and inkjet cartridges is expected to fuel the demand over the upcoming years.

Industrial applications accounted for 23.6% of overall volume share in 2016 and is expected to witness considerable growth as a result of increasing product usage in machines, oil field equipment, pipes, pumps, valves, and fittings. 

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Further key findings from the report suggest:

·       Automotive applications are expected to witness the significant revenue rise at a CAGR of 9.3% from 2017 to 2025 on account of the growing vehicle production in countries including South Korea, China, Mexico, U.S., Germany, Japan, Thailand and Taiwan

·       PPS is creating substantial opportunities for manufacturers by acting as a substitute to various metals including carbon steel, aluminum, bronze, stainless steel, brass, titanium and magnesium. The product improves the fuel efficiency by reducing the overall weight of the vehicle.

·       Rising product consumption in several aerospace applications including, airframe, fuselage, cabin interiors and empennage is anticipated to drive industry over the next eight years. In addition,the development of the aerospace sector especially in India and China, on account of the increasing government spending is predicted to augment industry expansion.

·       The industry is categorized by various activities, including mergers and acquisition, capacity expansion, technological innovation and product innovation, undertaken by the major companies in the market including DIC, Solvay, Toray Industries, Tosoh, Polyplastics Co., Ltd., SK Chemicals, and Kureha Corporation.

·       In August 2017, Toray Industries, Inc. announced plans to setup PPS compound production plant in Hungary at the site of Zoltek Companies, Inc. with an annual production capacity of 3,000 tons. The plant is expected to be operational from March 2018. The initiative is expected to strengthen the company’s distribution network in Europe.

·       Asia Pacific was the largest market and accounted for 60.6% of the overall volume in 2016. The presence of automobile participants including Honda Automobile, Toyota Motors, Nissan Motors, and General Motors is expected to stimulate industry expansion.

·       In October 2016, Celanese introduced five new polymer innovations including Celstran High Flow LFT, Hostaform M25IE POM, Fortron Flexible PPS, Celapex High Flow PEEK, and MetaLX to meet the growing consumer demand.

·       Fortron Flexible PPS is a highly durable, and heat resistant polymer used for fasteners, tubes, clips, and cable ties for usage in complex automotive and industrial systems.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the global polyphenylene sulfide (PPS) market on the basis application, and region:

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         Automotive

·         Electrical & electronics

·         Industrial

·         Coatings

·         Others

Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

·         Asia Pacific

o    China

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa 

Access Press Release of Polyphenylene Sulfide Market@ www.grandviewresearch.com/press-release/Global-Polyphenylene-Sulfide-(PPS)-Industry

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Halal Cosmetics Market Set to Record Exponential Growth by 2025|Key Industry Participants Martha Tilaar Group, IBA Halal Care

San Francisco, 23 October 2018: The global halal cosmetics market is expected to reach USD 52.02 billion by 2025, according to a new report by Grand View Research, Inc. Awareness levels of Muslim populace regarding the ingredients used in cosmetic and personal care formulations to determine the industry’s future growth trajectory.

With considerable Islamic population and their ingraining of cultural aspects into daily lifestyles has pushed the mainstream beauty-care industry to also concentrate on product offerings that are halal-certified. To the extent, consumers are willing to pay a premium price for these goods keeping in view ethical beliefs.

Countries such as Malaysia, Thailand, and Indonesia offer tremendous opportunities for growth as a result of Islam being a predominant sect and simultaneous socio-economic growth of individuals. Furthermore, products certified by recognized bodies, such as JAKIM (Jabatan Kemajuan Islam Malaysia), will also boost consumer confidence and further propel growth.

Malaysia and Indonesia together accounted for nearly 60% of the Asia Pacific revenue in 2015, with skincare and makeup being the dominant products consumed. Personal care and beauty-care launches in Malaysia outnumbered UK and Philippines, primarily due to local brands such as SimplySiti and IVY Beauty.

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Further key findings from the report suggest:

·       Asia Pacific was the dominant region and accounted for nearly three-quarters of the overall revenue in 2015.

·       Countries such as India, Malaysia, Indonesia, Bangladesh, Pakistan and Maldives are characterized by considerable Muslim population and improving socio-economic conditions The above stated factors are crucial for halal cosmetics growth globally since Asia Pacific accounts for nearly 45% of the global Muslim population

·       The Middle East is also an important consumer hub for the industry, particularly considering high income levels in UAE, Saudi Arabia, Jordan, and Oman. Furthermore, as a more structured Islamic society, the region is a natural growth driving factor for the global industry

·       Hair care product segment is anticipated to grow at a CAGR of 12.3% in terms of revenue over the forecast period. In view these evolving consumer requirements, manufacturers are trying to comply with Islamic code of law by incorporating more ingredients that are in compliance with the sharia law

·       Major key operating companies include Clara International, INIKA, Talent Cosmetic Co., Ltd., MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Saaf Skincare and Prolab Cosmetics, Martha Tilaar Group, and IBA Halal Care.

·       Shiseido, a Japanese company sells 28 halal skin care products under the brand name Za Brand in Malaysia. Colgate-Palmolive Company also offers toothpaste products which are halal certified

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/personal-care-and-cosmetics

Grand View Research has segmented the halal cosmetics market on the basis product and region:

Halal Cosmetics Product Outlook (Revenue, USD Million; 2014 - 2025)

·         Skin Care

·         Hair Care

·         Makeup

·         Others

Halal Cosmetics Regional Outlook (Revenue, USD Million; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         CSA

·         MEA

Access Press Release of Halal Cosmetics Market@ www.grandviewresearch.com/press-release/global-halal-cosmetics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

1,4 Butanediol (BDO) Market is Projected to Reach $12.6 Billion by 2025|Top Industry Players ExxonMobil Chemicals, International Specialty Products

San Francisco, 23 October 2018: The global 1,4 butanediol (BDO) market is projected to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. Pioneers of bio-based technologies such as Geomatica and BioAmber have paved the path for sustainable BDO production from renewable feedstock, which has influenced consumption patterns in recent years.

Companies are increasingly adopting good manufacturing practices and integrating advanced production technologies to comply with transitioning regulatory framework and consumer specifications. Producers have shifted their focus towards sustainable production and boosted the reliance on natural & renewable resources to eliminate wastage & pollution.

Tetrahydrofuran (THF) was the dominant application in 2015, occupying over 48% of the revenue share. THF is mostly utilized to derive PTMEG, which is then further processed into spandex fibers for sportswear, medical & automotive interiors. Transitioning consumer lifestyles are encouraging the foray of spandex producers into new markets, thereby leading to higher BDO consumption.

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Further key findings from the study suggest:

·       Polyurethanes are expected to grow at a high CAGR of 8.4% in terms of revenue from 2016 to 2025. Increasing consumption of PU in foams, adhesives, and coatings to be a vital factor

·       PBT also emerged as an important application owing to the substitution of conventional metals in automotive & electronics sectors, and the introduction of new generation PBT grades

·       Development of bio-based feedstock has influenced the production of derivatives such as PBT, with a shift towards sustainable plastics formation to meet regulatory criteria

·       Gamma-butyrolactone (GBL) expected to account for 14% of the overall revenue by 2025, growing at 6.4% CAGR over the forecast period. High demand for manufacturing pyrrolidones from GBL, which are further utilized as industrial chemicals in several applications

·       Asia Pacific emerged as the dominant segment with over 63% volume share in 2015. Rising consumer disposable income, expanding end-use industries and growing awareness regarding sustainable resources expected to foster industry growth

·       Manufacturers in developed countries across North America & Europe are shifting production bases to emerging economies to tap lucrative opportunities and cater to the domestic demand

·       Influential companies in the industry include The Dow Chemical Company, BASF SE, Invista, LyondellBasell Industries, Mitsubishi Chemical Corporation, ExxonMobil Chemicals, International Specialty Products, and BioAmber Inc.

·       In February 2016, Mitsui invested approximately USD 25 million in BioAmber for the production of bio-succinic acid and BDO at 35,000 and 23,000 tons respectively

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the 1,4 Butanediol (BDO) market on the basis of application & region:

1,4 Butanediol (BDO) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Tetrahydrofuran (THF)

·         Polybutylene Terephthalate (PBT)

·         Gamma-Butyrolactone (GBL)

·         Polyurethanes (PU)

·         Others

1,4 Butanediol (BDO) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America (CSA)

o    Brazil

·         Middle East & Africa (MEA)

o    Saudi Arabia

Access Press Release of 1,4 Butanediol (BDO) Market@ www.grandviewresearch.com/press-release/global-1-4-butanediol-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Bioinformatics Market is Expected to Reach $13.47 billion by 2020| Key participants Life Technologies Corporation, Agilent technologies

San Francisco, 22 October 2018: The global bioinformatics market is expected to reach USD 13.47 billion by 2020 growing at an estimated CAGR of 21.2% from 2014 to 2020, according to a new report by Grand View Research, Inc. Growing clinical development of biopharmaceutical and increasing need for three dimensional drug designing technology are expected to drive the market growth over the next five years.

Further development of bioinformatics tools, platforms and analysis platforms coupled with the introduction of novel technologies are expected to be high impact rendering factors for the growth of this market. Increasing demand for faster development of novel API and biopharmaceuticals is also expected to enhance the growth of this industry.

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Growth in the number of research and development studies in various ‘-omics’ related segments and need for integration of the large amounts of biological data generated from these studies is also expected to encourage industry players to develop faster, more efficient and versatile bioinformatics software cum platforms for commercialization.

Bio-content processing accounted for over 47% of the revenue share in 2013. The presence of increasing market demand for genetic databases management, and need for related sequence, structural and phylogenic analysis tools and software is the primary factor accounting for this large share.

Moreover, the sequence and structural analysis platform segment is expected to grow at the fastest CAGR of over 20% over the forecast period owing to the development of next generation sequencing and expected reduction in cost of whole genome exome sequencing. These factors are expected to have a significantly positive impact on the overall growth of this market in the next five years.

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Chemo-informatics and genomics accounted for over 50% of revenue share in 2013. Growing demand for novel biomarkers for R&D of biosimilar drugs and biopharmaceuticals is expected to significantly enhance the market penetration over the forecast period.

Proteomic applications are expected to attract a considerable amount of R&D investment in the near future and witness a lucrative growth over the forecast period. Developments in three dimensional drug development technologies are further expected to boost the growth of this segment.

North America was observed to account for over 40% of the global revenue in 2013. Factors accounting for this large share include the presence of large pharmaceutical companies in the region, which are involved in the clinical development of novel APIs and biosimilar drugs. The presence of a technologically advanced healthcare R&D framework also enhances this region’s investment capabilities for the development of the aforementioned market segments.

Asia Pacific is expected to grow at the fastest CAGR over the forecast period owing to the presence of companies providing outsourcing services to the industry for larger eastern industry players. Furthermore, the presence of high unmet industry need is also expected to be significant reason to impact the growth of this region positively over the forecast period.

Key players in this industry include IBM Life Sciences, BIOVIA, Life Technologies Corporation, Agilent technologies, 3^rdMillennium Inc., Celera Corporation, Affymetrix, BioWisdom Ltd., and Rosetta Biosoftware.

Access Press Release of Bioinformatics Market@ www.grandviewresearch.com/press-release/global-bioinformatics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com