Caprylic Acid Market Comprehensive Study by Key Players Willmar International Limited, Kuala Lumpur Kepong Berhad

San Francisco, 19 November 2018: According to a report published by Grand View Research, Inc.; the caprylicacid market is expected to reach a valuation of around USD 4.4 million by 2022.

Increasing use of product in personal care and pharmaceutical industry, and other end-use industries can propel the market during the forecast period (2012 to 2022).

Palm and coconut oil are used in the manufacturing of caprylic acid. This naturally derived product has high demand in organic personal care products due to its antifungal, antimicrobial, and anti-oxidant properties. The product is being extensively used in the making of esters, which are used in hair care, skin care, perfumes, soaps, color cosmetics, and other personal care items. Thus, growing use of product in medicines, luxuries items, surfactant, and lubricants is projected to fuel the product demand in the coming years. Growing use of the compound in the treatment of yeast infection, Crohn’s disease, children with epilepsy, bladder infections and gingivitis can drive the market growth. Furthermore, the product is also widely utilized in commercial applications such as anti-microbial pesticide, fragrance enhancing component, and fat reducing agent.

Worldwide caprylic acid market can be segmented on the basis of application and region.

Based on application, the market can be split into pharmaceutical, personal care, food and beverage, and others.

In 2014, the personal care segment estimated for 39.2% of the total volume. Growing use of the product in the making of cosmetics, hair care products, and skin care creams is likely to boost the segment over the forecast period. Increasing use of the personal care products among working population is likely to support the segment growth. Additionally, the compound act as emollient and dispersing agent which release of pigments and vitamins that helps smooth texture to the hair as well as skin.

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The pharmaceutical industry is anticipated to expand at a CAGR of over 5.0% of the overall volume during 2015 to 2022. This growth can be attributed to growth in aging population, technological advancements, and increasing awareness about generic medicines. The product is extensively used in the treatment of oral gingivitis, candida virus, urinary tract infections, and bladder infections.

The food and beverage segment is likely to show notable growth over the forecast period due to increasing use of natural antimicrobial ingredient for food contact surfaces as well as meat processing plants, wineries, and, breweries. Since the compound helps to maintain function of digestive tract and pH balance of the body. Additionally, the compound activates ghrelin that helps to increase appetite. The product demand in food and beverage applications is projected to be worth USD 1.3 million by 2022.

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Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

In 2014, North America estimated for over 30.0% of the volume and revenue share. The region is projected to show substantial growth during the forecast period. This growth can be attributed to high demand for the product in personal care products and breweries, wineries and dairies due to its antimicrobial and antifungal properties.

In 2014, Asia Pacific captured over 25% of the total volume and is expected to show significant growth over the forecast period. Growing disposable income and shifting consumer preferences to naturally derived organic products is likely to boost personal care segment in this region. Additionally, rapid industrialization along with rise in pharmaceutical research by companies is expected to boost the product demand in the coming years. The pharmaceutical market in China is likely to display high growth due to rise in health concerns, improving economic and demographic conditions, and growing R&D efforts.

Europe is expected to grow on account of growing demand from personal care sector. The product is used in the manufacturing of personal care products that can help in reducing wrinkles, cellulite, and age spots.

Some of the leading companies operating in the market include Vigon International Inc.; Pacific Oleochemicals Sdn Bhd; Wilmar International Ltd.; Solazyme; and Ecogreen Oleochemicals.

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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

BRIC Breast Pump Market is Expected to Exhibit at a 10.8% CAGR by 2026| Key Industry Participants Koninklijke Philips N.V.; Medela LLC

San Francisco, 19 November 2018: The BRICbreast pump market size is expected to reach USD 313.6 million by 2026, according to a new report by Grand View Research, Inc., registering a 10.8% CAGR during the forecast period. Growing awareness among mothers, improving healthcare infrastructure, declining infant mortality rate, increasing population of working mothers, and rising government initiatives are some of the key factors driving the market.

Surge in awareness campaigns by private and public organizations with respect to advantages of breastfeeding has encouraged working mothers to use breast pumps. For instance, UNICEF conducted a National Breastfeeding Promotion Program in August 2016, called Mothers’ Absolute Affection (MAA) in New Delhi, India, to create awareness regarding breastfeeding. Initiatives such as these have influenced many working women to use breast pumps and have also helped in understanding the benefits of breastfeeding. In addition, rising number of births in developing nations such as India as well as advancements in product improvement by key players have fueled the breast pump market.

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Further key findings from the report suggest:

·       By technology, the electric breast pump segment is projected to ascend at the highest CAGR of 13.5% over the forecast period. Electric breast pumps provide better comfort and easy applicability, driving their adoption among mothers

·       In 2026, China is expected to emerge as the leading regional market for breast pumps, with a share of over 29.0%. This is attributed to supportive government initiatives

·       Some of the key players in the market are Newell Brands, Inc.; Pigeon Corporation; Koninklijke Philips N.V.; Medela LLC; and Mayborn Group Limited. Koninklijke Philips N.V. and Medela LLC are expected to dominate the market over the forecast period.   

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

Grand View Research has segmented the global BRIC breast pump market on the basis of product, technology, application, and country:

BRIC Breast Pump Product Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)

·         Open System

·         Closed System

BRIC Breast Pump Technology Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)

·         Manual

·         Battery Powered

·         Electric

BRIC Breast Pump Application Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)

·         Personal Use

·         Hospital Grade

BRIC Breast Pump Country Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)

·         Brazil

·         Russia

·         India

·         China

Access Press Release of BRIC Breast Pump Market@ www.grandviewresearch.com/press-release/bric-breast-pump-market-analysis

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

Cartilage Repair/Regeneration Market is Expected to Reach $6.7 Billion by 2025| Key participants DePuy Synthes; Smith & Nephew plc

San Francisco, 19 November 2018: According to a report by Grand View Research, Inc.; the global cartilagerepair market is anticipated to reach USD 6.7 billion by 2025. Growing prevalence of joint and bone disorders such as arthritis and osteoporosis (OA) is anticipated to fuel market growth over the forecast period (2018 to 2025).

Increasing number of geriatric population being prone to various bone and joint related problems can positively influence growth of market for cartilage repair. Rising cases of obesity and diabetes leading to cartilage loss can further surge demand. Increasing number of road accidents and sports related injuries globally can result in severe bone and joint related injuries. This, in turn, can fuel demand for cartilage repair products during the forecast period.

The worldwide cartilage repair market can be segregated on the basis of treatment modality, application, treatment type, site, and region. Based on treatment modality, the market can be divided into cell-based and non-cell based. In 2016, cell-based segment accounted for largest market share. It is expected to grow at similar pace over the forecast period. Rising preference for autologous chondrocyte transplants for surgical treatment of damaged articular cartilage can fuel growth in near future. Non-cell based segment can be divided further into cell-free composites and tissue scaffolds. Tissue scaffold stimulate cartilage and bone growth when transplanted into knees and other joints. Hence, they are extensively used as compared to cell-free composite.

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Based on application, the market can be bifurcated into hyaline cartilage and fibrocartilage. Hyaline cartilage is predicted to dominate the market over the forecast period. Rising cases of physical trauma can cause chondral lesions and osteochondral in patients. The segment is expected to witness significant growth during the forecast period owing to high susceptibility of damage to hyaline cartilage due to injuries. In addition, surge in sports related traumas to can result in articular cartilage defects of knee and other joints. This factor can further fuel market growth.

Based on treatment type, the market can be categorized into palliative and intrinsic repair stimulus. In 2016, intrinsic repair stimulus held the largest market share. Extensive use of microfracture technique during cartilage repair surgeries can fuel adoption over the forecast period. Intrinsic repair stimulus includes drilling and microfracture techniques that stimulate Mesenchymal Stem Cells (MSC) to the site of injured cartilage to form repair tissue.

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On the other hand, palliative segment can be further categorized into viscosupplementation and debridement and lavage. Viscosupplementation involves injecting hyaluronic acid into joints to replace or supplement synovial fluid for treatment of osteoporosis of toe, thumb, and other small joints. The segment is anticipated to witness significant growth over the forecast period due to rising demand for hyaline-like regeneration of cartilage.

Based on site, the market for cartilage repair can be classified into knee cartilage repair and others. Knee cartilage repair segment is expected to dominate the market over the forecast period attributed to higher usage in repair procedures. Rising cases of osteoporosis and increasing incidents of accident injuries can drive expansion over the forecast period.

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East and Africa (MEA). In 2016, North America dominated the market and accounted for 50% market share. Rising cases of musculoskeletal diseases coupled with presence of target population can fuel regional market growth. In addition, changing lifestyle of individuals in Canada and U.S. can further augment market over the next few years. Europe is estimated to witness significant growth owing to high prevalence of osteoporosis in Germany, U.K., and France. According to the National Health Service (NHS), osteoporosis affects 3 million people in U.K. every year.

Asia Pacific is predicted to expand at the highest CAGR during the forecast period as compared to other regions. Rising cases of diabetes in Japan, China, and Australia can fuel market growth in the region. In addition, growing cases of osteoporosis and cartilage damage in Australia and New Zealand are expected to stimulate growth of the regional market during the forecast period.

Some of the leading companies in cartilage repair market are DePuy Synthes, Smith & Nephew plc, Zimmer Biomet, Stryker Corporation, and Vericel Corporation. Most companies adopt growth strategies such as acquisitions and merger, product launch, and regional expansions to sustain market competition.

Access Press Release of Cartilage Repair/Regeneration Market@ www.grandviewresearch.com/press-release/global-cartilage-repair-regeneration-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

Active Insulation Market is likely to Touch $357.8 Million by 2025| Top Industry Players W.L. Gore & Associates, Inc., Invista

San Francisco, 16 November 2018: The global activeinsulation market is expected to reach USD 357.8 million by 2025, according to a new report by Grand View Research, Inc. Globally, increasing demand for insulation in building & construction has been a major factor driving growth. In addition, growing demand for activewear and sportswear for activities such as cycling, yoga, workouts and sports is also expected to enhance the industry growth.

Europe emerged as the largest regional segment accounting for 34.1% of total market volume share in 2016. This can be attributed to the favorable government regulations regarding use of active insulation in building applications in the region. Asia Pacific is anticipated to emerge as the fastest growing regional segment with a CAGR of 6.3% over the forecast period. Product demand in the region is majorly attributed to the increasing utilization of active insulation technology in the production of active wear and sportswear in countries like China and India.

Active wear emerged as the largest application category and accounted for 57.7% of the total revenue of the textile segment in 2016. Product demand in active wear is expected to witness a comparatively high growth rate over the forecast period.

Glass wool emerged as the leading product segment in building & construction segment in 2016, growing with a CAGR of 4.7% from 2017 to 2025. Being a mature market the North America region has witnessed stable growth in most of the application segments. New construction projects and employment of energy efficiency plans is likely to initiate industry rivalry in the region.

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Further key findings from the report suggest:

·       The global active insulation demand exceeded 117 kilo tons in 2016 and is expected to grow at a CAGR of 5.0% from 2017 to 2025

·       Polyester emerged as the largest textile product segment in 2016 and is estimated to generate revenue worth over USD 54 million by 2025

·       Global EPS demand in building & construction was USD 48 million in 2016 and is anticipated to witness staggered growth over the next eight years

·       The U.S. active insulation demand in sportswear application was over 2.9 kilo tons in 2016 and is estimated to witness moderate growth rate from 2017 to 2025

·       Product demand in North America is projected to witness substantial growth and is expected to exceed USD 113 million by 2025

·       Key players including PrimaLoft, Inc., Polartec, Economical Building Systems dominated the global active insulation market while accounting for over 65% of the total market share in 2016

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

Active Insulation Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Textile

·         Building & Construction

Active Insulation Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Textile

·         Building & Construction

Active Insulation Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Active Insulation Market@ www.grandviewresearch.com/press-release/global-active-insulation-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

Glycerol Market is Estimated to Reach $2.52 Billion by 2020| Key Industry Participants Solvay SA (Belgium), Kuala Lumpur Kepong Berhad (Malaysia)

San Francisco, 16 November 2018: The global glycerolmarket is expected to reach USD 2.52 billion by 2020, according to a new study by Grand View Research, Inc. Biodiesel emerged as the leading source of glycerol, accounting for over 1,400 kilo tons of glycerol production in 2013. Growing application market coupled with increased production of oleochemicals in Asia Pacific is expected to augment glycerol demand over the forecast period.

Personal care and pharmaceuticals were the largest application segment, with glycerol consumption exceeding 870 kilo tons in 2013. However, food & beverage is expected to be the fastest growing application segment at an estimated CAGR of 8.4% from 2014 to 2020, owing to improving lifestyle in emerging economies leading to increased consumption of processed and packed foods.

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Further key findings from the study suggest:

·       Global glycerol demand was 2,247.2 kilo tons in 2013 and is expected to reach 3,469.2 kilo tons by 2020, growing at a CAGR of 6.4% from 2014 to 2020.

·       Biodiesel was the largest source for production of glycerol accounting for 62.96% of the market in 2013. However, fatty alcohols are expected to be the fastest growing source for glycerol production at an estimated CAGR of 8.3% from 2014 to 2020.

·       Alkyd resins and foods & beverages followed personal care & pharmaceuticals accounting for a market volume of 12.94% and 12.22% respectively.

·       Asia Pacific was the leading regional market and accounted for 37% of market volume in 2013. It is also expected to be the fastest growing market for glycerol at an estimated CAGR of 7.8% from 2014 to 2020.

·       The global glycerol market is highly concentrated with the top four companies including IOI Group, KL Kepong, Emery Oleochemicals and Wilmar International accounting for over 65% of market revenue in 2013. Other companies operating in the market include P&G, Kao Corporation, Cremer Gruppe and Oleon.

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Grand View Research has segmented the glycerol market on the basis of source, application and downstream opportunities:

Global Glycerol Market Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Biodiesel

·         Fatty acids

·         Fatty alcohols

·         Soap industry

Global Glycerol Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Personal care & pharmaceuticals

·         Alkyd Resins

·         Foods & beverages

·         Polyether polyols

·         Tobacco humectants

·         Others

Global Glycerol Downstream Opportunities Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

·         Propylene Glycol

·         Epichlorohydrin

·         1,3 Propanediol

·         Others

Glycerol Market Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Glycerol Market@ www.grandviewresearch.com/press-release/global-glycerol-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